<a href="https://www.apartments.com.au/developers/urban-property-group">Urban Property Group</a> (Urban) has broken ground at Keira Place, its new major mixed-use residential precinct in the heart of Wollongong CBD.

Held at 120-122 Smith Street, the groundbreaking marked the commencement of construction on Stage 1 of <a href="https://www.apartments.com.au/new-apartments/keira-place-120-122-smith-street-wollongong-nsw-2500">Keira Place</a>, with the opening of the new display suite. 
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Keira Place is a State Significant Development that will deliver new housing supply, affordable homes and inclusive living options within walking distance of Wollongong’s CBD, coastline, transport, hospital and education precincts.

[smartcode_project:default project_id=144442 project_image_fid=369868] 
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Stage 1 is now under construction and will deliver 150 apartments across two residential buildings, including 27 affordable housing apartments and 18 specialist disability accommodation dwellings, along with activated ground-floor retail and commercial space. 
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Urban Co-CEO Patrick Elias said the groundbreaking represented a significant milestone for Wollongong and reflected Urban’s long-term commitment to regional cities.

“Today’s groundbreaking is about turning approvals into homes and moving quickly to deliver much-needed housing in Wollongong’s city centre,” Elias said. 
&nbsp; 
“Keira Place will provide a diverse mix of homes close to jobs, transport and services, while setting a high benchmark for quality, durability and consumer protection.”

[smartcode_project:default project_id=144442 project_image_fid=369869] 
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Hon. Paul Scully MP, Minister for Planning and Public Spaces, Member for Wollongong said Keira Place is exactly the kind of development Wollongong needs – delivering new homes close to transport, employment and services, while supporting the continued growth and renewal of the CBD.

"This project reflects the Minns Labor Government's commitment to increasing housing supply in well-located areas." 
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Wollongong Lord Mayor Cr Tania Brown said Keira Place would deliver lasting community benefits for the city. 
&nbsp; 
"Keira Place is a welcome addition to Wollongong's CBD delivering new housing, affordable homes and activated street-level spaces that will benefit our community for years to come," Brown said. 
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"Urban Property Group's investment reflects the confidence that quality developers have in Wollongong's future, and I look forward to seeing this precinct come to life."

[smartcode_project:default project_id=144442 project_image_fid=369867] 
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Designed by <a href="https://www.apartments.com.au/architects/cox-architecture">Cox Architecture</a>, with interiors by <a href="https://www.apartments.com.au/interior-designers/dko">DKO,</a> Keira Place prioritises liveability and long-term performance, with landscaped shared spaces, generous apartment layouts and a pedestrian-friendly streetscape along Smith Street. 
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Residents will have access to landscaped podium areas, communal rooftop amenities with views to Mount Keira and the Wollongong skyline, and convenient ground-level retail.

The development will have 10-year Latent Defects Insurance by Resilience Insurance.

[smartcode_project_cta:default project_id=144442]

Joel Robinson

Groundbreaking marks start of construction at Keira Place in Wollongong CBD

Gold Coast-based developer <a href="https://www.apartments.com.au/developers/ignite-projects">Ignite Projects</a> has lodged a Development Application for a landmark $120 million precinct set to transform the southern gateway of the much-loved Spit.

Positioned at the most prominent entry point to the iconic peninsula, the project has been designed with a strong focus on architecture, public space, heritage and connectivity, delivering a revitalised parkland setting that invites locals and visitors to engage with the Broadwater.

Central to The Isles proposal is a significantly upgraded public realm, including landscaped open space, a new waterfront café, and a family-friendly park featuring a naval-themed playground, open lawns and improved pedestrian connections.

<img alt="Ignite Projects unveils exciting details of landmark gateway precinct for the Spit" data-entity-type="file" data-entity-uuid="de83a270-6091-4b26-bed0-86f9248e7f9e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/The%20Isles%201.jpg?VersionId=vt79HlCOwV9F7eLQe9.Z3bv9JGLMaSP2" />

The design retains and celebrates key elements of the site’s history. The training mast from the vacant and degraded naval cadet building, which forms part of a former Navy minesweeper, will be preserved. The existing Navy Memorial will be relocated and upgraded in collaboration with the RSL, allowing it to be publicly accessible for the first time in years. 
&nbsp; 
Heritage-listed Humphreys Boat Shed remnants will remain and be incorporated into the landscape, while the site’s established Norfolk Pines will be retained, reinforcing the area’s character and sense of place. The enhanced parkland will ultimately create a long-term community asset at the entry to The Spit. 
&nbsp; 
The Development Application (DA) lodged with Gold Coast City Council includes 28 waterfront apartments across three levels, ranging in size from 145sqm to 383sqm, designed as a feature landmark within the precinct and complement the public domain.

<img alt="Ignite Projects unveils exciting details of landmark gateway precinct for the Spit" data-entity-type="file" data-entity-uuid="bbf94e00-b56a-47fb-a15d-3d17b0b1ec76" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/The%20Isles%203.jpg?VersionId=A0vmBNE_KohYJo1EoZcmF5IVW4tT5aDo" /> 
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Ignite Projects Director Josh Foote said the project as a whole had been carefully shaped to deliver a meaningful outcome for the wider community, not just future residents. 
&nbsp; 
“This is about more than delivering opulent apartments – it’s about creating a welcoming and memorable gateway to The Spit that people can enjoy every day,” Mr Foote said. 
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“We’ve worked hard to ensure the public realm is a central part of the project, from the landscaped parklands and family-friendly spaces through to the preservation and celebration of important local heritage.”

<img alt="Ignite Projects unveils exciting details of landmark gateway precinct for the Spit" data-entity-type="file" data-entity-uuid="443bbde5-8221-45f8-a549-dad2623df20c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/The%20Isles%204.jpg?VersionId=iUl6nc.sHkjMdo_1RigwbwUz_celHJ3H" /> 
&nbsp; 
Designed by <a href="https://www.apartments.com.au/architects/contreras-earl-architecture">Contreras Earl Architecture</a>, The Isles adopts a considered subtropical approach, with the building form shaped to maximise natural light, cross ventilation and views to the Broadwater and surrounding parklands. 
&nbsp; 
Architect Rafael Contreras said the design responded directly to its unique coastal setting. 
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“Rather than a typical built form, the architecture has been shaped by performance and experience – from optimising outlook and privacy to creating a strong connection to landscape and climate,” Mr Contreras said. 
&nbsp; 
“A central landscaped courtyard allows light, air and greenery to permeate the building, while the articulated façade introduces movement and rhythm inspired by the Broadwater.

“The Isles will create a place where people can gather, relax and connect with the water, while also delivering a refined residential product that responds to its unique setting.”

<img alt="Ignite Projects unveils exciting details of landmark gateway precinct for the Spit" data-entity-type="file" data-entity-uuid="1089570d-1120-4302-9900-fb9f75c75c26" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/The%20Isles%205.jpg?VersionId=pl9qmKZNbaL3A7XjmD7sjhLwmXaqzzLZ" /> 
&nbsp; 
The DA relates to the residential and public realm components, with a proposed boutique marina to be progressed as part of a future stage, subject to separate approvals. 
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The Isles is being delivered under The Spit Master Plan, a collaborative vision to create a new residential, tourism, leisure, natural environment and cultural heritage hub on the iconic and much-loved peninsula.&nbsp; 
&nbsp; 
Ignite Projects has an established track record delivering premium residential projects across the Gold Coast, including The Monaco at Main Beach and Cabana at Palm Beach. 
&nbsp; 
Sales for The Isles are expected to commence in coming months from an on-site display suite, with construction targeted to begin later this year, subject to approvals.

Ignite Projects unveils exciting details of landmark gateway precinct for the Spit

The Federal Government’s sweeping changes to negative gearing and capital gains tax could trigger an unintended consequence: a surge of investor demand into the new and off the plan apartment sector.

While Treasurer Jim Chalmers has framed the reforms as a way to improve housing affordability and rebalance the tax system, the carve-outs for newly built housing are already positioning off the plan apartments as one of the few remaining tax-effective property investment plays.

Under the changes handed down in the Federal Budget, investors purchasing established properties after budget night will no longer be able to access negative gearing benefits. The Government will also replace the long-standing 50 per cent capital gains tax discount with a new inflation-indexation model and introduce a minimum 30 per cent tax on gains from July 2027.

However, there is a major exemption.

Investors buying new builds, including off the plan apartments, will still be eligible for negative gearing and will be able to choose between retaining the current 50 per cent CGT discount or adopting the new indexed model.

That distinction is expected to reshape investor behaviour almost immediately.

For years, established housing has dominated investor purchases because of its perceived lower risk, immediate rental returns and stronger historical capital growth. But with the tax advantages now heavily skewed toward new housing supply, the economics are changing rapidly.

The Federal Government has been explicit about its intent.

“The housing market and tax system are broken,” Chalmers said ahead of the Budget, arguing that existing concessions were disproportionately rewarding speculation rather than supporting housing supply.

The Government says the reforms are designed to encourage investment into new housing rather than established stock, a move aimed at increasing supply during a prolonged housing shortage.

According to the official Budget papers, limiting negative gearing to newly built homes is intended to “better align tax incentives with housing supply objectives.”

For the apartment development sector, particularly the off the plan market, the changes could become one of the strongest investor tailwinds in years.

Developers across Sydney, Melbourne and Brisbane have spent the past two years battling elevated construction costs, higher interest rates and subdued investor confidence. Many projects have struggled to secure sufficient pre-sales to commence construction, particularly in markets heavily reliant on investor demand.

The Budget changes may now alter that equation.

Investors seeking tax-effective property exposure will increasingly find themselves funnelled toward newly built apartments simply because established dwellings no longer offer the same benefits.

Commonwealth Bank described the reforms as one of the most significant shifts to residential property investment settings in decades, noting that the package is centred around “limiting negative gearing for residential property to new builds” while replacing the existing CGT framework.

That could have profound implications for the apartment sector.

Off the plan apartments already hold several advantages for investors. Purchasers typically secure a property at today’s price while settlement occurs years later, allowing time for capital growth and reducing the upfront capital burden. Brand-new apartments also generally attract depreciation benefits, lower maintenance costs, and stronger appeal to renters seeking modern amenity.

Now, they may also become one of the only residential property types still offering the full suite of historical tax advantages.

Industry analysts expect investor demand to increasingly migrate toward projects that can clearly demonstrate strong rental demand, transport connectivity and long-term supply constraints.

The shift is likely to be particularly pronounced in apartment markets already underpinned by structural undersupply, including inner Brisbane, the Gold Coast, parts of Sydney’s Lower North Shore and select Melbourne precincts where new apartment commencements have collapsed over recent years.

The reforms also arrive at a time when apartment supply nationally remains critically constrained.

Australia is already struggling to meet the Federal Government’s target of delivering 1.2 million new homes over five years. Construction feasibility pressures have delayed or shelved thousands of apartments across the country, particularly as building costs remain elevated and financing conditions remain tight.

Critics of the Budget changes argue the reforms could reduce overall investor participation in the housing market and place upward pressure on rents by discouraging investment in established housing.

Some economists estimate the measures could reduce housing supply over the longer term if overall investor appetite weakens.

However, the Government is betting that redirecting investor capital into new housing supply will offset those concerns.

“To continue to incentivise construction of new housing, investors building new residential properties will be able to choose either the 50 per cent CGT discount or the new arrangements,” the Budget papers stated.

That wording has been closely watched by the development industry because it effectively positions new apartments as the preferred investment class within residential property.

For off the plan developers, the reforms could become a powerful sales tool.

Projects that have increasingly relied on owner-occupier demand may once again attract investors seeking to preserve the tax advantages still attached to newly built housing before the July 2027 changes take effect.

The reforms are also expected to sharpen the divide between established and new housing markets.

Rather than a broad investor retreat from property altogether, many analysts expect a redistribution of capital toward sectors still supported by Government incentives.

That could create stronger demand for apartment projects in key urban growth corridors and transit-oriented precincts where population growth, migration and rental shortages remain elevated.

The policy direction also aligns with the Government’s broader push toward increasing housing density in established urban areas.

Across Sydney, Brisbane and Melbourne, planning reforms are increasingly encouraging higher-density apartment development around transport infrastructure and activity centres. By maintaining tax incentives for new housing, the Federal Government is effectively reinforcing that agenda from a taxation perspective.

For apartment developers who have spent years navigating subdued investor confidence, the changes may ultimately become the catalyst that reactivates parts of the off the plan market.

While the broader property sector is still digesting the long-term implications of the Budget, one thing is already becoming clear.

The era of investors buying established apartments and houses primarily for tax advantages may be ending.

But for off the plan apartments, the investment story may just be beginning.

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Investors to flood off the plan apartment market?

Adding to Chatswood’s growing skyline, <a href="https://www.apartments.com.au/new-apartments/the-anderson-chatswood-54-56-anderson-street-chatswood-nsw-2067">The Anderson</a> is grounded in a simple principle: apartment living in a major centre does not have to come at the expense of space and outlook.

Set on Anderson Street in the heart of <a href="https://www.apartments.com.au/developments/chatswood-nsw-2067">Chatswood</a>, the new residential tower, a collaboration between developers <a href="https://www.apartments.com.au/developers/changfa-group">Changfa Group</a> and <a href="https://www.apartments.com.au/developers/huirong-group">Huirong Group</a> with architecture and interiors by <a href="https://www.apartments.com.au/architects/ajc-architects">AJC Architects</a>, will introduce 122 apartments that prioritise generous proportions, considered orientation, and a strong connection to the surrounding heritage precinct.

The design originated from a Design Excellence Competition, where AJC proposed a building that combines suburban-style apartment scale with the density expected in a transport-rich centre. The development will include more than 1,800 square metres of retail and commercial space at street level, landscaped communal roof terraces, and a ground-floor pocket park framed by canopy trees. Together these elements aim to create a building that integrates with Chatswood’s evolving streetscape while maintaining a strong residential focus.

[smartcode_project:default project_id=151353 project_image_fid=353250]

A key driver behind the architecture was the desire to deliver family-sized apartments rarely seen in the Chatswood market. The Anderson includes a mix of one to four-bedroom apartments, with around 35 per cent of the residences configured as three or four-bedroom homes. At the top of the building, two double-storey penthouses span approximately 200 square metres each, reinforcing the project’s emphasis on scale and long-term liveability for both downsizers and intergenerational households.

Orientation and outlook were central to the planning of the building. The apartments are positioned to maximise views to the north and east across Chatswood’s heritage precinct, with upper levels capturing glimpses of the Pacific Ocean. South-facing apartments gain distant views toward the Sydney CBD and Harbour Bridge, while the building’s configuration intentionally reduces western exposure at lower levels to minimise overlooking toward the nearby railway corridor.

The external design references the character of the surrounding conservation area without replicating it directly. A brick podium anchors the building to the street and introduces a series of architectural portals that draw inspiration from the nearby Chatswood Presbyterian Church. Above this base, the tower shifts to a lighter, more open expression defined by horizontal lines and carefully detailed balconies that balance privacy with outward views.

[smartcode_project:default project_id=151353 project_image_fid=353254]

Toward the top of the tower, AJC introduces a distinctive lantern-like element formed by sliding screens. These screens provide both solar shading and privacy while also creating a visual marker for the building within the Chatswood skyline. The feature reinforces the architectural intent of the project, a structure that is visually refined while still responding to the practical requirements of apartment living.

Inside the residences, interior architecture focuses on clear spatial flow and practical everyday use. Open-plan living areas connect directly to large balconies, extending the internal living spaces outward and allowing natural light to move deeper into the apartments. Kitchens are designed as central working spaces with premium appliances and carefully selected materials, positioned to serve both daily living and entertaining.

[smartcode_project:default project_id=151353 project_image_fid=353256]

Bathrooms follow a similarly restrained design language, using refined fixtures and materials to create calm, functional spaces, while wardrobe areas adopt a gallery-style layout with integrated lighting and generous storage. These elements reflect a broader design approach that prioritises clarity, functionality, and durability over decorative gestures.

Positioned just a short walk from Chatswood Interchange, residents will have direct access to rail, metro, retail, and dining. The Metro extension allows travel from Chatswood to Martin Place in approximately 11 minutes, placing the CBD within easy reach for residents while maintaining the convenience of a walkable North Shore neighbourhood.

One-bedroom apartments at The Anderson start from $1,022,000.

[smartcode_project_cta:default project_id=151353]

How AJC designed The Anderson to bring oversized apartment living to Chatswood

<a href="https://www.apartments.com.au/developers/bridgewell-development">Bridgewell Capital</a> has lodged plans for a major mixed-use apartment development in the heart of Maroubra, seeking a significant uplift in height and density controls to deliver 120 apartments and a 120-place childcare centre near Maroubra Junction.

The State Significant Development application, filed through the NSW Government’s Housing Delivery Authority pathway, covers a 3,270 sqm amalgamated site at 251-257 Maroubra Road and 133-135 Garden Street. The proposal includes a concurrent rezoning that would increase the maximum building height from 12 metres to 35.6 metres and lift the floor space ratio to 4.02:1.

Designed by <a href="https://www.apartments.com.au/architects/bka-architecture">BKA Architecture</a>, the project would replace a mechanic’s workshop and several detached homes with a 10-storey residential building above four basement levels.

The scheme comprises 120 apartments, including 27 affordable housing units to be managed by a community housing provider for 15 years, alongside 203 basement car spaces and 92 bicycle spaces. A childcare centre occupying nearly 900 sqm of floor area would sit at ground level and be capable of accommodating 120 children and 22 staff.

<img alt="First look: Bridgewell plots 120 apartments and childcare centre in Maroubra town centre" data-entity-type="file" data-entity-uuid="038a0639-f9e4-4303-8fcc-d43e73fa480f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Bridgewell%20pers.png?VersionId=eGBElxmNqJW.YF3JFYgHTnPgAstdyXR3" />

According to the Design Report, the project has been conceived as a “gateway proposal” that responds to Maroubra’s evolving urban character and its proximity to the town centre.

“Designed to complement the character of Maroubra’s town centre, this gateway proposal features a building scale that matches its surroundings,” the report stated.

“It integrates residential units above a ground-level childcare centre, fulfilling the strategic objectives of the Randwick City Council Masterplan.”

The apartment mix is weighted toward larger residences aimed at families and downsizers, reflecting changing demographics in the Randwick LGA and increasing demand for medium-density housing close to transport and amenity.

BKA Architecture said the proposal seeks to reinforce Maroubra Road as a civic spine while improving the pedestrian experience around the site through landscaping and upgraded public interfaces.

“The design capitalises on the following site opportunities: reinforcement of Maroubra Road as a civic spine, enhancement of pedestrian pathways and the public interface via new landscaping, and strong market demand for two and three-bedroom apartments to support families and down-sizers,” the Design Report noted.

<img alt="First look: Bridgewell plots 120 apartments and childcare centre in Maroubra town centre" data-entity-type="file" data-entity-uuid="ee509779-3c7e-4918-b03d-761c785459d0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Bridgewell%20site.png?VersionId=eZC4Ruyn.C7O.Qwfr1SVeP5.ds1c5.66" />

The building has been designed with setbacks and articulation intended to transition between the commercial intensity of Maroubra Junction and the surrounding lower-scale residential neighbourhoods. Communal open space is proposed on level one, while upper-level apartments would secure views towards Port Botany, Maroubra Beach and Sydney’s eastern suburbs.

The development sits around 200 metres east of the Maroubra Junction intersection of Anzac Parade and Maroubra Road, within one of Randwick’s identified strategic centres. The site is close to Pacific Square Shopping Centre, major bus routes, schools, parks and future cycling infrastructure proposed under the Maroubra Junction Masterplan.

The Maroubra proposal aligns with broader NSW Government initiatives encouraging higher-density housing near established centres and transport corridors, particularly where affordable housing is incorporated.

Bridgewell is also working on a <a href="https://www.apartments.com.au/news/qld/goldfields-sets-the-stage-as-quartet-milton-launches">new 55-unit project in Killara</a>.

First look: Bridgewell plots 120 apartments and childcare centre in Maroubra town centre

Sydney’s property market is known for high prices, competitive bidding, and mounting pressure on first home buyers. But change is on the horizon.

From late 2025, eligible first home buyers in New South Wales will have access to a new federal government initiative aimed at addressing affordability: the Help to Buy Scheme.&nbsp;

<h2>What is the Help to Buy Scheme?</h2>

The program introduces a shared equity model intended to reduce the upfront cost of entering the property market, particularly in high-demand urban areas such as Sydney.

The scheme operates under a shared ownership structure in which the federal government takes an equity stake of up to 40 per cent for new homes, or 30 per cent for existing dwellings. This arrangement allows eligible buyers to significantly reduce their loan size and avoid the added cost of Lenders Mortgage Insurance (LMI).

Under this model, purchasers can enter the property market with as little as a two per cent deposit, well below the traditional 10 to 20 per cent usually required. The government’s contribution is not a loan but a co-ownership stake in the property. As such, there is no interest or rent charged on its portion.

Because the government’s equity combined with the buyer’s deposit typically meets or exceeds the 20 per cent threshold, LMI does not apply. The remaining balance, generally between 60 and 70 per cent of the property’s value, is financed through a standard home loan with a participating lender.

The government's equity in the property remains in place until the buyer chooses to repay it voluntarily or until the property is sold. Buyers can buy back the government’s share over time, in increments of at least five per cent, depending on their financial situation.

There is no fixed repayment timeline, but the amount to be repaid will be based on the property's market value at the time of repayment, not the original purchase price.

<h2>How do you qualify for the&nbsp;Help to Buy Scheme?</h2>

To qualify for the Help to Buy Scheme, applicants must meet the following conditions:

<ul>
	<li>Be an Australian citizen at least 18 years of age.</li>
	<li>Be a first-home buyer who does not currently own property.</li>
	<li>Intend to live in the property as their primary residence.</li>
	<li>Earn less than $100,000 per year for individuals, or $160,000 for couples.</li>
	<li>Purchase a property within the regional price caps, currently $950,000 in Sydney, though this is expected to rise to approximately $1.3 million ahead of the program’s launch.</li>
</ul>

While the Help to Buy Scheme does not solve affordability challenges across the board, it does offer a more accessible pathway for a defined segment of the market, particularly younger buyers with moderate incomes who have been priced out of traditional lending routes.

The scheme is expected to commence in NSW in late 2025, as part of a national rollout.

Under the new model, purchasers can enter the property market with as little as a two per cent deposit, well below the traditional 10 to 20 per cent usually required

Help to Buy Scheme: What first home buyers in NSW need to know

The First Home Owners Grant (FHOG) is a government initiative designed to help eligible first-time home buyers by offering financial assistance towards the purchase or construction of a new home.

While the FHOG is a nationwide program, it is administered separately by each state and territory, meaning the eligibility criteria, grant amounts, and property requirements can vary depending on your location. This means that the amount available and the conditions attached to the grant will differ, so it is important to check the specific guidelines for your state or territory.

It’s important to note that the FHOG is just one of several incentives available to first home buyers. In most states and territories, the grant is not linked to stamp duty exemptions or concessions, with the exception of the Australian Capital Territory (ACT). The FHOG is typically a one-off payment, reducing the overall cost of purchasing or building a new home before any stamp duty concessions are applied.

Below, we provide a breakdown of the First Home Owner Grants available across Australia, outlining the specific details for each state and territory.

<h2>New South Wales First Home Owner Grant</h2>

First Home Owner Grant: Offers a $10,000 grant for new homes valued up to $600,000. For land purchases and owner-builders, the threshold extends to $750,000.

Stamp Duty Benefits: Provides full stamp duty exemption for homes valued up to $800,000, with concessions available for properties up to $1 million.

<h2>Victoria South Wales First Home Owner Grant</h2>

First Home Owner Grant: Provides a $10,000 grant for first-home buyers purchasing or building new homes valued up to $750,000.

Stamp Duty Benefits: Offers full stamp duty exemption for properties up to $600,000, with concessions available up to $750,000.

<h2>Queensland First Home Owner Grant</h2>

First Home Owner Grant: Offers $30,000 for contracts signed between 20 November 2023 and 30 June 2025. The FHOG applies to new homes valued up to $750,000.

Stamp Duty Concessions: Provides additional concessions for properties valued up to $800,000.

<h2>Western Australia First Home Owner Grant</h2>

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First Home Owner Grant: Offers a $10,000 grant for new homes valued up to $750,000 in the southern regions and up to $1 million in the northern regions.

Stamp Duty Concessions: Available for homes valued up to $600,000 for transactions entered into on or after 9 May 2024.

<h2>Australian Capital Territory First Home Owner Grant</h2>

First Home Owner Grant: Replaced by the Home Buyer Concession Scheme, offering full stamp duty concessions for eligible buyers.

<h2>South Australia First Home Owner Grant</h2>

First Home Owner Grant: Provides up to $15,000 for new homes, including houses, apartments, and townhouses. As of 6 June 2024, there is no property value cap for eligibility.

Stamp Duty Relief: Available for new homes and vacant land purchases.

<h2>Tasmania First Home Owner Grant</h2>

First Home Owner Grant: Offers a $10,000 grant for new homes and off the plan purchases.

Stamp Duty Exemption: Between 18 February 2024 and 30 June 2026, first home buyers of established homes valued up to $750,000 receive a full exemption on property transfer duty.

<h2>Northern Territory First Home Owner Grant</h2>

First Home Owner Grant: The Northern Territory provides a $10,000 grant for new homes only. Additional government grants and concessions are available for first home buyers.

Stamp Duty Exemption: The only stamp duty exemption available to property buyers is the House and Land Package Exemption (HLPE).

Eligibility criteria and application processes differ across states. Prospective buyers should refer to their respective state revenue offices for full details on grant availability, conditions, and additional concessions.

Every First Home Owner Grant for new property by state

In the ever-evolving landscape of sustainable architecture and environmentally conscious design, systems and ratings in place can help determine the energy efficiency of residential buildings in Australia.

Australia has multiple building rating systems that evaluate energy efficiency and sustainability in existing and new building designs.

Some systems assess individual building components, while others provide an overall rating for the entire structure.

A rating system ensures that homes are comfortable and energy-efficient, whether you are buying, renovating, or building.

NatHERS (Nationwide House Energy Rating Scheme) is a common way for new homes to meet energy efficiency requirements.

As new developments continue to shape the urban environment, understanding NatHERS ratings becomes essential for developers and homeowners. This article delves into the concept of NatHERS ratings, their significance, and how they contribute to creating energy-efficient homes.

<h2>What is NatHERS?</h2>

NatHERS is a national initiative implemented by the Australian government to promote energy efficiency in residential buildings. The scheme aims to provide a standardised method for assessing the thermal performance of homes, considering factors such as insulation, orientation, ventilation, and building materials.&nbsp;

NatHERS ratings are the most common way new homes meet the National Construction Code's (NCC's) minimum energy efficiency requirements.&nbsp;

NatHERS assessments provide thermal and whole-home ratings for new homes, townhouses, and apartments.

The rating helps evaluate the energy performance of buildings, guides homeowners and developers to make informed decisions about the energy efficiency of their properties, and encourages the construction of more sustainable, comfortable, and cost-effective homes.

<h2>How NatHERS Ratings Work</h2>

NatHERS ratings are determined through four accredited software tools (AccuRate, BERS Pro, FirstRate5, HERO) using a calculation engine CSIRO developed to predict building temperature based on various factors.

The tools can model complex effects of building mass, insulation, window size, and other elements.

The outcome is a star rating that reflects the building's overall thermal efficiency, indicating how well it can maintain a comfortable indoor temperature without excessive reliance on heating or cooling systems.

The star rating scale ranges from 0 to 10, with a 6-star rating being the minimum requirement for compliance with the National Construction Code (NCC).&nbsp;

Achieving a higher star rating demonstrates a commitment to energy efficiency and sustainability, as the building is better equipped to minimise its environmental impact and reduce long-term energy costs.

Anyone can use NatHERS tools, but accredited assessors can provide certified ratings and professional advice.

<h2>Benefits of Higher NatHERS Ratings</h2>

Energy Efficiency: Buildings with higher NatHERS ratings are more energy-efficient, requiring less heating and cooling energy. This reduces the structure's carbon footprint and lowers occupants' energy bills.

Cost Savings: Homes with higher NatHERS ratings are generally more energy-efficient, resulting in reduced energy consumption for heating and cooling. This translates to lower energy bills for homeowners, making sustainable living environmentally friendly and economically viable in the long run.

Environmental Impact: Lower energy consumption directly translates to a reduced environmental impact. Buildings with higher NatHERS ratings contribute to the overall goal of mitigating climate change by lowering greenhouse gas emissions associated with heating and cooling systems.

Improved Comfort: Buildings with high NatHERS ratings offer better thermal comfort to occupants. Proper insulation, well-designed ventilation, and optimal orientation maintain a consistent and comfortable indoor temperature, providing occupants with a more enjoyable and healthier space.

Market Value and Desirability: Higher NatHERS ratings can enhance the market value of a property. As energy efficiency becomes a more significant consideration for homebuyers, a well-rated building may attract a premium price and stand out in the real estate market.

Compliance with Building Codes: NatHERS ratings are a vital component of the National Construction Code (NCC), and compliance with these ratings is often a mandatory requirement for new developments. Local councils and planning authorities may set minimum energy efficiency standards that must be met to obtain development approval.

The Nationwide House Energy Rating Scheme (NatHERS) is a crucial initiative shaping the future of energy-efficient, resilient, and cost-effective homes. With its recent upgrades, NatHERS has evolved into a world-leading tool for the building sector, supporting the global commitment to achieving net-zero emissions by 2050.

Staff Writer

What is a NatHERS rating in new off the plan apartment developments?

Mixed-use developments have gained significant popularity across Australia in recent years due to their unique blend of residential, commercial, and recreational spaces.

Unlike traditional single-purpose developments, mixed-use projects offer a harmonious integration of various functions within a single locale.

Residential units seamlessly coexist with commercial establishments, retail outlets, dining venues, entertainment hubs, and recreational facilities, with the combination not only enhances convenience but also fosters a vibrant lifestyle and a sense of community.

<h3>Convenience and accessibility</h3>

Mixed-use developments are designed with convenience in mind. They often integrate residential units with commercial spaces, retail outlets, restaurants, and recreational facilities, creating a self-contained community.

[smartcode_project:default project_id=114215 project_image_fid=204874]

The proximity allows residents to enjoy the convenience of having essential amenities and services within walking distance. Whether it's grabbing a cup of coffee, going grocery shopping, or accessing healthcare services, everything is conveniently located, saving residents time and effort.

<h3>Vibrant lifestyle and community</h3>

One of the major advantages of mixed-use developments is the vibrant lifestyle they offer. With a diverse range of amenities and communal spaces, residents have ample opportunities to interact, socialise, and build a sense of community.

[smartcode_project:default project_id=107714 project_image_fid=214122]

The presence of parks, community centres, and shared spaces fosters a lively atmosphere, encouraging residents to engage in various activities and events. The vibrant lifestyle within these developments creates a unique sense of belonging and camaraderie among the residents.

<h3>Potential for higher rental yields and property value appreciation</h3>

Mixed-use developments tend to attract a broad range of tenants and buyers due to their versatile nature. This high demand can result in higher rental yields for investors and potentially lead to property value appreciation over time.

[smartcode_project:default project_id=139989 project_image_fid=212887]

The integration of commercial and retail spaces attracts businesses, which can provide a stable rental income stream. Additionally, the popularity of mixed-use developments often drives up property values, making them a potentially lucrative investment in the long term.

<h3>Enhanced security and maintenance</h3>

Mixed-use developments typically have comprehensive security measures in place. With controlled access points, CCTV surveillance, and professional security staff, residents can enjoy enhanced safety and peace of mind.

[smartcode_project:default project_id=108019 project_image_fid=212658]

Additionally, these developments often have dedicated maintenance teams responsible for the upkeep of common areas, landscaping, and infrastructure. This ensures that the overall appearance and functionality of the development are well-maintained, creating a pleasant living environment for residents.

<h3>Live-work-play balance</h3>

One of the key attractions of mixed-use developments is the ability to achieve a desirable live-work-play balance. The integration of residential and commercial spaces allows residents to live closer to their workplaces, reducing commuting time and improving work-life balance.

The proximity to various amenities and recreational facilities encourages an active and healthy lifestyle. Residents can easily access fitness centres, parks, restaurants, and entertainment options, all within the same development, leading to a more fulfilling and convenient way of life.

alisonwarters@gmail.com

The top five reasons to buy in a mixed-use development

When buying a property, everyone needs to be aware of the additional costs that come as part of the buying process.

Often the largest outlay, after the deposit which goes to the bank, is stamp duty.

<h2 style="line-height: 1.38;">What is Stamp Duty?</h2>

Stamp duty is an extra tax to pay the government when you buy land, a property, and other certain assets.

It happens when the legal ownership is transferred. It can also be known as property transfer duty or transfer duty.

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<h2>Who pays Stamp Duty?</h2>

In some circumstances, you may get an exemption. For some states, you won’t have to pay for stamp duty if you are a first home buyer or a pensioner for houses under a particular price. There are also stamp duty concessions, where you may be entitled to a discount.

<h2>How much does Stamp Duty cost?</h2>

Each state has different rules which affect how much you need to pay. These rules can affect the rate you pay, and the timeframe you will need to pay in. Before you buy land or a property, make sure you check the up-to-date information for your state’s stamp duty.

You can use a free stamp duty calculator online to see approximately how much you’ll need to pay. Find out if you’re eligible for an exemption by enquiring on a project via Urban!

Overall, the stamp duty you need to pay will depend on:

<ul>
	<li aria-level="1">How much your land/property is worth</li>
	<li aria-level="1">Where your land/property is located</li>
	<li aria-level="1">What type of land/property it is</li>
</ul>

Want to find out more? <a href="https://www.youtube.com/@UrbanAustralia?utm_source=YouTube&amp;utm_medium=Video&amp;utm_campaign=Subscribe&amp;utm_id=Subscribe">Subscribe to our YouTube channel</a> for more property videos.

Ellen Walker

Off-the-plan property explained: What is stamp duty?

The bustling inner Melbourne suburb of Richmond is set for a boutique $2.4 million apartment project.

A local development firm has&nbsp;submitted plans to the Yarra City Council&nbsp;for&nbsp;a seven-storey residential building homing&nbsp;just nine apartments.

Designed by Katsifolis Architects, the residences will comprise one studio apartment, six two-bed and two three-bedroom apartments, each with private generously-sized balconies.

&quot;The surrounding Richmond area is currently undergoing a transition from traditionally commercial and industrial land use to a mixed-use urban fabric, with the proposal seeking to fit in with the future urban context, while still maintaining a form that bodes with the current landscape,&quot;&nbsp;Katsifolis noted in their submission.

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The light court extending up the eastern side of the building provides cross flow ventilation, sunlight and a private open space for the ground floor apartment, integrating reflective mirrors on the rooftop level to provide additional sunlight to the lower levels, which is a common architectural feature seen across European countries, in higher density urban environments.

The proposal includes a landscaped communal rooftop, adding further residential amenity, split in to two sections.

The northern section encompasses 51 sqm of space and is designated for the use of residents in apartments one through seven. The southern section of the rooftop spans 29 sqm and is exclusively for the residents of apartments eight and nine.

Each terrace is provided with a communal barbecue area, sheltered by a cantilevered roof form, with planter boxes for residents&rsquo; food production, all surrounded by architectural landscaping

The Environmentally Sustainable Design report by SBE Melbourne says the&nbsp;project is a well-conceived example of sustainable inner urban development.&quot;

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The town planning report by Human Habitat said the proposal considers a residential apartment building of high architectural quality, a high level of internal amenity, and has limited potential for adverse amenity impacts to surrounding properties.

&quot;The proposal seeks to provide higher densities of housing in appropriate location and offer a mix of dwelling sizes and types,&quot; it noted.

&quot;The contemporary architectural-style complements the surrounding area and will provide a benchmark for future development in York Street and the surrounds.

&quot;The building includes innovative implementation of international design techniques such as the use of angled mirrors to provide grater sunlight access to lower levels.&quot;

First look: Richmond set for new boutique apartment development

Having recently completed their most recent Arncliffe apartment project, Belle Vue, local developer and construction firm Buildview Corp has lodged plans for its next project.

They&#39;ll be creating a 10-level development of 60 apartments at&nbsp;67-73 West Botany Street in Wolli Creek, just over a kilometre from Belle Vue.

They&#39;ve had Marchese Partners draw up the plans for the new $20 million project, which will see the development incorporate the Victorian-era heritage cottage on the site.

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There will be&nbsp;16 one-bedroom apartments, 41 two-bedroom and three three-bedroom apartments, in addition to the heritage listed cottage which will be renovated as a three-bedroom dwelling.

Particular attention has been made to defining the relationship between the development and the heritage house, Marchese Partners note in their design statement.

&quot;A two-storey podium has been designed to be sympathetic in scale and materiality with the listed heritage cottage, enabling its appreciation and interpretation from the public domain,&quot; Marchese Partners noted.

&quot;The proposed tower is set well back from the eastern boundary of the site, so not to visually dominate the historic cottage.&quot;

A generous communal open space is located along the north and west boundaries. These dedicated zones are equipped with outdoor amenities for residents&rsquo; recreation, such as seating and barbeque areas.

<a href="/new-apartments/67-73-west-botany-street-arncliffe"><img alt="" height="415" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-04-26_at_2.50.21_pm.png" width="642" /></a>

Landscape features&nbsp;has been included in the private outdoor areas of the apartments located on the ground floor, &nbsp;while on the second floor, on top of the podium, planters are in place with hanging vegetation, surrounding the structure.

&ldquo;These landscaping features will bring a more subtle transition between the podium and the tower and provide a green aspect to the whole development when viewed from the street,&rdquo; Marchese submission read.

The site is conveniently close to recreational amenities including, the Cahill Park, the Kogarah Golf Club, shops and public transport.

Buildview recently completed Belle Vue, their modern Wolli Creek development of just 36 apartments.

[smartcode_project:default project_id=6821 project_image_fid=195117]

Designed by BKA Architecture, Belle Vue has a mix of studio, one, two and three-bedroom apartments, each with kitchens with SMEG appliances and Samsung air conditioning.

Select apartments have a balcony off the living space, and a study nook.

[smartcode_project_cta: project_id=6821]

 Marchese Partners has drawn up the plans for the new $20 million project, which will see the development incorporate the Victorian-era heritage cottage on the site.



First look: Buildview Corp bulk up Bayside apartment development pipeline with Arncliffe plans

The central, always in demand Broadbeach is the next Gold Coast hotspot&nbsp;set to see a wave of new apartments.

It&#39;s been one of the busiest spots in 2022 already, with a number of prominent developers, both local and interstate, seeking to build apartment towers in the sought-after spot south of Surfers Paradise.

Mosaic Property boss Brook Monahan says Broadie is the centre of the Gold Coast now.

&quot;A lot of people talk about Surfers Paradise in the Gold Coast as the hub, but really for actual residents, it&#39;s definitely Broadie,&quot; Monahan said.

&quot;Surfers is heavily weighted toward investors, whereas Broadie is very much a local market, either local owner-occupiers or those with a secondary home.&quot;

Monahan says there&#39;s a lot of nostalgia to Broadbeach for a lot of residents in South East Queensland.

&quot;It&#39;s a very nostalgic place for a lot of people who would have come to Broadbeach and holidayed as kids,&quot; Monahan says, adding that the walkability factor puts Broadbeach ahead of other Gold Coast suburbs.

&quot;You can walk to 75 coffee shops/resultants, the light rail, or the surf club in minutes, as well as being on the doorstep of Pacific Fair shopping centre and the casino, which makes it one of the most appealing areas up and down the coast.&quot;

This year Mosaic will launch their first luxury Broadbeach project to the market.

<img alt="" height="365" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/mosaic_broadie.png" width="580" /> 
Mosaic&#39;s proposed tower at 146 Surf Parade. Image credit: Plus Architecture

The 29-level tower, designed by&nbsp;Plus Architecture&nbsp;at 146 Surf Parade, will have 96 apartments, starting from large two-bedders, some with multi-purpose rooms, to three-bedroom apartments and skyhomes.

Broadbeach was a no brainer for the Sydney-based Iris Capital&#39;s first Gold Coast apartment development,&nbsp;Victoria &amp; Albert.

&quot;It was the first and only location that I would consider undertaking such a spectacular residential/resort with coastal luxury as its core design focus,&quot; Iris Capital Chief Executive Sam Arnaout says.

[smartcode_project:default project_id=107928 project_image_fid=184934]

&quot;Only Broadbeach and this current Neicon Plaza redevelopment site offered us the opportunity where everything is at our buyers fingertips.&nbsp;

&quot;Choosing Broadbeach as the address for our V&amp;A project in the lively heart of its dining and retail precinct has allowed us to put our brand on our first luxury foray into Queensland,&quot; Arnaout says.

David Higgins, Colliers Director of Residential who is handling the sales at V&amp;A, says&nbsp;Broadbeach is recognised as the heart of the Gold Coast lifestyle precincts.

[smartcode_project:default project_id=107928 project_image_fid=184933]

&quot;The walkability of the location to over 30 restaurants, GC Convention Centre, Pacific Fair, The Star Casino, the Beach and Kurrawa SLSC makes it the most lifestyle rich village locations to undertake a premium development,&quot; Higgins says.

&quot;Being from Sydney, I often think that Broadbeach is our Double Bay with the dining, high end retail, laneway cafes, beautiful Kurrawa parkland, the beach, and the amenity that is uniquely Broadbeach all within five&nbsp;mins walk.&quot;

Evan Raptis, co-Managing Director of the family-ran Raptis Group, says that while economic conditions have been good, Broadbeach has been among the most sought-after addresses in Australia.

&quot;The pandemic has made a lot of people reset their priorities: with a laptop and good WiFi, they can live where and how they want, and that&rsquo;s underpinning much of the demand for Broadbeach right now.&quot;

Raptis has had a longstanding connection with Broadbeach, developing projects in the suburb for over four decades, their most recent being The Gallery Residences, completed late last year.

They have a solid work book in the area too, with plans in 2022 to launch three projects; a 40-level Koichi Takada-designed tower dubbed The Sterling at 6-8 George Avenue, a 41-level tower on Chelsea Avenue, and a 35-level tower at 5-9 Anne Avenue.

<img alt="" height="4501" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/george_avenue_updated_render.jpg" width="5000" /> 
The proposed 134-apartment tower at 6-8 George Avenue

Raptis says the buyer demographic is&nbsp;quite eclectic, which is representative of all the different amenities that Broadbeach offers.

&quot;There are a lot of young professionals in the suburb as well as a lot of early-stage retirees. We&rsquo;re seeing a lot of interest for three-bedroom apartments. Young professionals are seeking a third bedroom for when they may start a family, while retirees want to have the space for the children and grandchildren to visit,&quot; Raptis says.

&quot;But beyond age groups, the common bond between buyers is their interest in leading a healthy life. Parks, bike and walking trails and the beach are all outside the doors of residents, keeping them fit without the need for a gym membership.&quot;

The local developer Anthony Quinn of QNY Group, who is plotting a boutique owner-occupier tower on&nbsp;his recently acquired 511 sqm block at 21 Broadbeach Boulevard, says Broadbeach is the live, work and&nbsp;play Mecca of the Gold Coast, which is endorsed by its number one&nbsp;ranking walk score.

<img alt="" height="771" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/broadbeach_blvd.jpg" width="1200" />

&quot;Broadbeach has always been in demand,&quot; Quinn says.

&quot;Through each good property cycle Broadbeach delivers a large share of the projects for the Gold Coast.&quot;

Quinn says it&#39;s not so much about Surfers, but more about what each of the suburban pockets offer.

&quot;Both Main Beach and Broadbeach are unique in their offering and cater to different demographics and markets,&quot; Quinn says, adding that the buyers are a healthy mix of&nbsp;downsizers and young professionals, with a strong market for owners and renters

A recent entrant to the Broadbeach market is the Brisbane-based West Homes.

West Homes Director Brett Kennedy says&nbsp;they chose that part of town because it has always had higher quality apartment buildings, great access to the beach, restaurants, Pacific Fair, and a much quieter and calmer pace of living that Surfers doesn&#39;t offer.

&quot;There&#39;s less tourist trade in Broadbeach, and a lot more owner-occupiers,&quot; Kennedy says. &quot;People actually live there, they&#39;re not just visiting like most of the Surfers Paradise market.&quot;

Kennedy grew up on the Gold Coast, and has always been aware of the value of Broadbeach. &quot;It has always been a go-to destination,&quot; he says.

West Homes has just lodged plans for a 22-level tower of just 20 apartments at&nbsp;75 Old Burleigh Road, a site they secured late last year.

<img alt="" height="373" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/aurora_main.jpeg" width="662" />

Each apartment will have nearly 400 sqm of internal living space, unprecedented even for the whole-floor apartment trend that has swept the Gold Coast over the last 12 months, as developers pivoted toward more high-end, owner-occupier friendly stock. One apartment, on level three, will have 430 sqm.

Inarc Design describe the sculpted tower as an &quot;urban lighthouse.&quot;

GV Property Group&#39;s Antonio Mercuri, who sells amalgamated sites to apartment developers up and down the coast, says Broadbeach is a suburb for everyone.

&quot;It&#39;s a beachside coastal city suburb&nbsp;by the ocean, surrounded by parklands, and is in the pinnacle of&nbsp;three&nbsp;Gold Coast&nbsp;city locations; the Star Casino precinct, the Gold Coast&nbsp;convention centre, and Pacific Fair.&nbsp;

Mercuri is marketing a prime 1,294&nbsp;sqm site on Armrick Avenue, with approved plans by Rothelowman for a 22-level, 84-apartment tower.

<img alt="" height="1066" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-05-13_at_10.10.26_am.png" width="1738" />

&quot;Armrick Avenue (park front) is the next best thing to beachfront because of the expansive views over the bowls clubs / parks lands, while still being located&nbsp;beside the beach,&quot; Mercuri says.

&quot;The attraction of Broadbeach&nbsp;to developers is the mixed buyer pool, alongside the blue sky value add (which going up), and taking advantage of the favourable high density zoning (unlimited height potential subject to council approval).

Mercuri says there are three areas of Broadbeach which all have high demand, value, and attraction to both developers and buyers.

&quot;The northern pocket of Broadbeach&nbsp;is a huge catchment area for locals (coming from suburbs like Broadbeach Waters, Isle of Capri etc). It&#39;s just outside the fringe of Broadbeach hub area and close enough to enjoy but still be in an area of it own.&nbsp;

&quot;Then there&#39;s&nbsp;central Broadbeach, the hub of Broadbeach which incorporates the Anne Avenue precinct, while the southern pocket is popular due to its closer proximity to the Broadbeach Primary School.&quot;

Broadbeach has been one of the busiest spots in 2022 already, with a number of prominent developers seeking to build apartment towers in the sought-after spot south of Surfers Paradise.



Why it's all about Broadbeach in 2022

Landing on the corner of Lavarack Road and Albatross Avenue, SK2 Property, in conjunction with the property owner, Cavan Properties,&nbsp;lodged&nbsp;an application over the site of the current BSKT Caf&eacute;.

The 95 sqm&nbsp;caf&eacute; will be retained as part of the new development proposal, with a collection of three and four-bedroom apartments set to sit above the space.&nbsp;The owners (Cavan Properties) built the original caf&eacute; for the local community in 2013 and wish to retain its operation in keeping with Nobby&rsquo;s beach lifestyle. The site forms a focal point of the future connection between the proposed Nobby Beach light rail station and Mermaid Beach.

BDA Architecture were engaged to design the project which will deliver six luxury apartments, designed in a two apartments per floor arrangement, with the exception of the ground floor and the upper most residential level of the development

<img alt="" height="1076" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-04-21_at_2.49.21_pm.png" width="1178" />

Main indoor living areas and bedrooms are oriented toward the street frontage of Lavarack Road and Albatross Avenue, where they lead out onto generous outdoor living spaces capturing unobstructed ocean views,&nbsp;designed to create a &lsquo;light-weight&rsquo; sense of built form presence in the streetscape which is achieved by the clean sleek lines of the balcony edges which are landscaped and complemented by glass balustrades and fluted concrete.

The ground floor level of the proposed development is divided into two distinct sections, that being the BSKT caf&eacute; and a ground floor apartment.

The roof terrace feature of the building creates a signature cap to the built form, carrying through the clean straight horizontal lines achieved by the balcony form in the levels below, and emphasising the contemporary coastal architectural theme of the development.

The roof terrace is a private recreation space for the full storey penthouse level below comprising a pool, sundeck, sunken terrace and barbeque area with dining and lounge seating.

The south-western corner will home undercover facilities such as a laundry, powder room, plant room, internal staircase, lift shaft and fire stairs.

The perimeter will incorporate planters, continuing the green space up the building, while reducing the perceived bulk and scale of the building. The planting around the terrace level will contribute to the bespoke architectural design of the building while also providing level of privacy to the residents.

<img alt="" height="806" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-04-21_at_2.49.42_pm.png" width="1176" />

The ground floor apartment comprises three-bedrooms, each with ensuites and walk in robes, situated within the south-eastern area of the ground floor. A laundry, powder room and study is within the central portion of the floor plan, while an open floor plan kitchen, dining and living room is located on the north-eastern area of the apartment. An expansive terrace wraps around the extent of the north, east and southern side of the ground floor apartment, with private pedestrian access to the terrace of the ground floor apartment granted via Lavarack Road.

Four three-bedroom apartments will occupy levels one and two, with two per level, all with walk in robes and ensuites, a powder room, study and a laundry. The main indoor living and dining areas lead directly onto expansive private open space balconies with some apartment oriented towards the street frontages of Lavarack Road and Albatross Avenue, optimising access to natural daylight and breezes.

Level three will comprise the penthouse, consisting of the master suite on the south-eastern corner of the floor plate. The remaining three-bedrooms are situated on the southwestern area and all include walk in robes and ensuites. A wine cellar, butlers pantry, study, open floor plan kitchen, dining and living area are located in the centre of the apartment, with a large private balcony situated off the main indoor living area.

Stuart Kirk, SK2 Founder and Director,&nbsp;said the group were expecting interest from a range of potential buyers, with professionals and downsizers the most likely due to the sites premier positioning within the highly desired Mermaid Beach area.&nbsp;

&quot;Mermaid Beach has long been the premier beachfront location of the Gold Coast. This project activates a key site within the suburb to offer a&nbsp;premium residential product to the market and it also secures the future operation of the popular BSKT Cafe,&quot; he said.&nbsp;

SK2 have two other high-end residential projects in the pipeline for the&nbsp;Mermaid Beach area, including 33 Albatross Avenue, which is set to comprise six luxury apartments,&nbsp;and 84 Petrel Avenue, a three-storey four-apartment project.&nbsp;

[smartcode_project_cta: project_id=112676]

BDA Architecture were engaged to design the project which will deliver six luxury apartments, designed in a two apartments per floor arrangement, with the exception of the ground floor and the upper most residential level of the development



Cavan Properties to build apartments above BSKT cafe in Mermaid Beach 

The Perth skyline is set to welcome&nbsp;one of the world&#39;s most unique towers to date.

Developer Grange Development has this week submitted plans to City of South Perth for what is set to be the world&rsquo;s tallest, $350million hybrid timber tower, and Western Australia&rsquo;s first carbon negative building.

If approved, the 183m high residential building, at 6 Charles Street, South Perth &ndash; aptly titled C6&nbsp;after the periodic table&rsquo;s symbol for Carbon - will become one of Australia&rsquo;s most ambitious carbon negative buildings, with only the Atlassian hybrid timber Tower in Sydney currently on target for a similar carbon negative status.

Designed by Fraser &amp; Partners - a research-based design studio that has emerged from Elenberg Fraser and created in response to the demands of our times and viewed through the lens of the climate crisis - C6 will be constructed using approximately 7,400m3 of timber leveraging Cross-Laminated Timber (CLT), Glue Laminated Timber (Glulam) and Laminated Veneer Lumber (LVL).

The proposal currently includes provisions for 245 one, two, three and four-bedroom apartments set over 48 levels, a 500 sqm rooftop with an edible garden, dining and entertainment space, and 1650 sqm of communal wellness amenity.

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At ground level, C6 will include a 2000sqm+ four-storey, split level, open-air piazza with a playground, cinema, horticultural zone, F&amp;B and entertainment precinct, equivalent in size to over 85% of the site, gifted back to Council and the community.

The public realm has been envisaged as a part paddock-to-plate urban farm and part immersive education hub in a visual and auditory experience.

Biophilic design is at the heart of C6, with almost 3,500 sqm of floral, edible, and native gardens. The building seeks to demonstrate that living in a building connected to nature provides tangible health benefits for its occupants.

In total, C6 will offer 18 sqm of communal space per apartment, which is 300 percent more than the current planning requirements of 6 sqm per apartment.

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Through its extensive research and best practice benchmarking, Grange Development believes that hybrid timber buildings are the future of a carbon conscious construction industry, and if executed correctly, can transform the foundations of our built environments.

Grange Developer Founder and Director, James Dibble, said C6 represents the future of what is possible, except that it will be delivered now.

&ldquo;If we get this right, we should never have to rely on building another solely concrete or steel tower in our lifetime&rdquo; Dibble said.

&quot;The built environment is one of the three major drivers of catastrophic climate change, alongside transport and agriculture. With promising technological advances in both the transport and agriculture industries now working towards drastically reducing global carbon footprints, the property industry is lagging dangerously behind.

&ldquo;Timber as a building material has been around for centuries, but only recently has mass timber construction and fabrication methods made it a viable option en masse.&quot;

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On-site energy production, a complete electric vehicle solution that can totally remove the need for fossil fuel-powered cars, ahuge focus on biophilic design to deliver tangible health benefits, and a building that actively sequesters carbon.

Post construction, Grange Development is committed to open source sharing the project&rsquo;s research, design and construction documentation, as a call to arms for other developers to take up, evolve and further progress this building methodology.

&ldquo;Steel and concrete are some of the most energy-dense materials in the world to produce and at the moment the industry relies on it. If we can accelerate a paradigm shift into the use of more renewable building materials such as mass timber in a hybrid nature and see even 10, 15 or 20 percent of future projects use mass timber in their construction in the next few years, we will have succeeded. At the moment that figure is almost zero. If nothing changes, nothing changes.

&ldquo;C6 will bring together global best-practice in biophilic design, sustainability, architecture and engineering. Fraser &amp; Partners shares our passion and vision for creating a viable solution to our built environments&rsquo; reliance on non-renewable materials, so together we want C6 to be the beacon of change this industry so desperately, and immediately needs,&rdquo; he said.

C6 has been submitted to council for planning approval, with the building earmarked to launch in the market next year.

Grange Developer Founder and Director, James Dibble, said C6 represents the future of what is possible, except that it will be delivered now.

Perth set for world first hybrid timber tower with 245 apartments

One of our latest listings is&nbsp;a&nbsp;luxury Queensland development,&nbsp;Emerson. As soon as we heard the builder had bought an apartment within the development, we knew that it had to be extra special, as that's the best vote of confidence you could ask for. Take a look at our Apartment Spotlight video to get an idea of the homes available for sale within the development.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="415" src="https://www.youtube.com/embed/fFehcjD8cnA" title="YouTube video player" width="660"></iframe>

<h2>EMERSON KIRRA AT A GLANCE</h2>

Address:&nbsp;100 Musgrave Street, Coolangatta, QLD 
Developer:&nbsp;Hirsch &amp; Faigen Property 
Architect:&nbsp;Rothelowman

[smartcode_project:default project_id=106646 project_image_fid=184785]

Delivered by Hirsch &amp; Faigen Property, Emerson is a boutique collection of 27 homes overlooking a canopy of Norfolk Island pines towards Kirra Beach.

Located at 100 Musgrave Street, your new home is situated right on the beach with Gold Coast Airport, The Strand at Coolangatta and Snapper Rocks minutes from your home.

[smartcode_project:default project_id=106646 project_image_fid=184792]

Stroll down to the popular Siblings restaurant for brunch, or enjoy a daily walk along the waterfront. You'll love exploring all that Kirra has to offer.

The Emerson homes have been designed by Rothelowman, with construction currently underway by Hutchinson Builders. A collection of 3 and 4 bedroom sunny, north-eastern facing homes are available, each offering at least one private terrace or balcony overlooking Kirra's magnificent oceanfront.

[smartcode_project:default project_id=106646 project_image_fid=187935]

Each home is highly curated with bespoke details such as recessed pelmets, built-in entertainment units and classic wide-plank timber flooring. You’ve also got statement freestanding bathtubs, and kitchens feature high-end Gaggenau appliances.

There are two design schemes to choose from – the subtle tones of dawn or the golden warmth of dusk.

There is also a penthouse available, boasting soaring 3.2 metre high ceilings and four carparks – plus, you'll be able to customise the homes for a limited time.

[smartcode_project:default project_id=106646 project_image_fid=184788]

On-site, you'll have access to Emerson's exclusive co-working space for residents only, which offers a selection of spaces to work remotely or hold meetings. There is also a residents' sun lounge and resort-style pool recreation deck. The lounge has a northern aspect and sits amongst tranquil sub-tropical landscaping.

Don't miss this opportunity to secure a home at Emerson Kirra. Submit your enquiry today via Urban, and one of our property experts will help you discover your dream home.&nbsp;

[smartcode_project_cta: project_id=106646]

Olivia Round

Apartment Spotlight Video: Emerson Kirra by Hirsch & Faigen Property at 100 Musgrave Street, Coolangatta QLD

The Electrical Trades Union of Employees Queensland has submitted plans for a 358 build-to-rent apartment tower in the heart of South Brisbane.

The 1838 sqm site at&nbsp;37-41 Peel Street, on the&nbsp;corner of Peel Street and Merivale Street, will home a 30-level building which has been designed by Nettletontribe&nbsp;to suit the rental market, with the unit mix including studio&#39;s and one and two-bedders.

With an intent to increase the pedestrian activation along Peel Street and address the footpath treatment, ground floor activation and podium treatment has been considered to contribute positively to its context through the introduction of high-quality landscape to the streetscape.

The Queensland sub-tropical climate is reflected in the built form and landscape design with planted edges and shady under croft pedestrian paths. A tropical green language is used to assist with podium screening and the planter boxes provide a multi-faceted layering of detail.

<img alt="" height="364" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-04-20_at_11.49.34_am.png" width="918" /> 
Podium elevation of the proposed development on Merivale Street. Image sourced.&nbsp;

The tower extends this concept with planter boxes along the tower edge, and a landscaped rooftop communal and pool area.

A refined palette of natural tones and textures is used throughout with the architectural language expressing &ldquo;elegance through simplicity&rdquo;.

&ldquo;Materials such as concrete, metal, glass and timber are combined with lush greenery to create a timeless design impression,&rdquo; Nettltontribe noted in their design statement.

The proposal provides a distinct lower and upper building form, with the building entry points articulated and well defined for pedestrians, with a resemblance to Queenslander&rsquo;s gatehouse and forecourt. Street awnings and podium structures are designed to provide high degree of shade, cover and visual interest in various depth and scale.

<img alt="" height="1068" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-04-20_at_11.51.42_am.png" width="682" /> 
The proposed development at 37-41 Peel Street, South Brisbane. Image sourced.&nbsp;

A transparent street edge has been created through the use of screening, allowing activation to occur on the periphery of the ground floor common area.

Common areas are located on landscaped street level, level 30 and the roof terrace. Sitting above all residential floors, both indoor and outdoor communal areas take advantage of natural lighting and provide access to sweeping views to the city, South Bank and the river for all its residents.

The City Rooms along peel street provides immediate interface between residents, visitors and the public, with breakout landscaped spaces for users that are sensitive to Brisbane&rsquo;s subtropical climate and appropriate for the Brisbane culture and character.

The apartment tower design celebrates a landscaped, open roof terrace, connected to common areas in the level below, with sweeping 360 degree views to the North and South.

This provides a natural conclusion to the building form, enhancing future opportunities for communal gathering in an organised setting.

The project brings into play Brisbane City Council&rsquo;s vision of engaging the broader community through art and lighting with a number of design ideas. The group have proposed that the site&rsquo;s corner location offers opportunity to utilise the ground plane as a place for activation and engagement, hence the need for a sensitively lit podium to ensure the safety of the general public, while the podium soffit can be utilised as a canvas for light installations with colour-adaptable up lights that engage with Brisbane City sporting events and celebrations.

<img alt="" height="1042" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/peelstreet-elevated-view-to-landscaped-podium_0.png" width="1200" /> 
Elevated view of the&nbsp;landscaped podium at Peel Street. Image sourced.&nbsp;

Sculptural public art is envisaged on the prime corner location which assist in creating a meeting place and way-finding into the building as well as an art display wall at the building&rsquo;s entry, amplifying the ground plane experience and tying into Brisbane&rsquo;s developing art scene within the neighbourhood.

The site is located in the Brisbane suburb of South Brisbane on the corner of Peel Street and Merivale street, approximately 1.3 kilometres south west of the city centre. The site is close by to a number of notable amenities including the South Brisbane Railway Station, the State Library, QPAC, GOMA, South Bank Parklands, the M3 and inner city bypass.

Well within walking distance to both cultural and life style hubs, the pocket location offers separation from unwanted noise and traffic within its pedestrian orientated urban context, while still staying connected to the bustling Brisbane suburb.

Build-to-Rent (BTR) is an emerging asset class in Australia with some forms of BTR already established within the Australian market including Purpose Built Student Accommodation and Aged Care / Retirement Housing currently being the most prolific.

Other build to rent sites include Frasers 210 Brunswick Street, Mirav&rsquo;s, LIV at 60 Skyring Terrace, 2 Cordelia Street, South Brisbane, 28 Robertson Street, Fortitude Valley and 13-17 Cordelia Street, South Brisbane.

Designed by Nettleton Tribe, the development will comprise 77 studio, 154 one-bedroom plus MPR, and 127 two-bedroom units.



First look: ETU lodge plans for build-to-rent South Brisbane apartment tower

The continually busy South East Queensland apartment developer, Mosaic Property, has lodged&nbsp;plans for a new Broadbeach apartment tower, for what will be one of seven apartment developments launched to the market by the prominent developer in 2022.

They&#39;ve had Plus Architecture design the 29-level tower at 146 Surf Parade, which will home 96 apartments. Mosaic, led by Brook Monahan, secured the prime site late last year, buying&nbsp;each of the original apartment&nbsp;blocks at the neighbouring 146 and 148 Surf Parade.

Mosaic already have plans with the Gold Coast City Council for <a href="/news/qld/mosaic-set-for-new-bilinga-beachfront-apartment-development-bianca-by-mosaic">a boutique Bilinga project</a> of 14 apartments at 1 Surf Street, and a <a href="/news/qld/exclusive-mosaic-property-group-set-for-new-coolangatta-apartment-development">30-apartment development at 7 Douglas Street in Coolangatta</a>.

The new Broadbeach tower&nbsp;will be similar&nbsp;in density to Mosaic&#39;s red hot Mermaid Beach towers,&nbsp;Dawn and Bela, which sold out in record time last year.

Plus note that the Broadbeach building is inspired by the natural dynamism and beauty of the seashell.

<a href="/buildings/marella-146-surf-parade-broadbeach"><img alt="" height="910" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-04-20_at_10.48.56_am.png" width="1446" /></a>

&quot;The architecture references geometry which is layered, overlapping and expanding,&quot; Plus wrote in their submission.

&quot;The buildings envelope is wrapped in a climate responsive shell which shifts from solid and protective to the West, blocking unwanted sun, to glazed and open to the East, inviting in the morning Sun and taking full advantage of the spectacular views towards the golden Broadbeach coastline.

&quot;Bold horizontal lines further define and break down the form giving a nod to the coastal architectural language prevalent at the Gold Coast.&quot;

<a href="/buildings/marella-146-surf-parade-broadbeach"><img alt="" height="900" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-04-20_at_10.48.30_am.png" width="1442" /></a>

The tower will look over&nbsp;Nikiforides Family Park towards the ocean to the East.

There will be 59 two-bedroom apartments on offer, 21 of those with an additional multi-purpose room. The three-bedroom apartments, of which there will be 37, start from level 12.

The majority of the resident facilities are located one level one, where there will be a swimming pool with day beds and a spa, sauna and steam room, as well as a gym, two outdoor barbecues, and extensive dining and lounge options. The facilities have been oriented towards Surf Parade to capture views out over the park and toward the ocean.

There will be further recreation on level 11 in the shape of a 200 sqm communal space with balconies to capture wider views.

<a href="/buildings/marella-146-surf-parade-broadbeach"><img alt="" height="902" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-04-20_at_10.49.03_am.png" width="1448" /></a>

First look: Mosaic Property Group set for Broadbeach apartment tower

The burgeoning Sydney apartment developer, Third.i, is taking on its first project in the affluent harbourside suburb of Potts Point, further expanding their $2.5 billion pipeline.

Fresh off the back of a launch weekend near sell-out of its high-end Lindfield mixed-use project, Balfour Place, Third.i has submitted plans to the City of Sydney council for a boutique development at 30A-34 Brougham Street, located in front of the popular restaurant, The Butler, on Victoria Street.

Third.i, alongside their joint venture partner Toohey Miller, who are teaming up again having previously developed the&nbsp;North Sydney commercial tower Warada on Walker together, are set to create a new part six, part seven-level residential building with just 14 apartments.

<a href="/new-apartments/muse-potts-point-30-34-brougham-street-potts-point"><img alt="" height="651" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-04-20_at_8.55.41_am.png" width="1129" /></a>

WMK Architecture has designed the striking building, of which they said they wanted to achieve the following outcomes:

1. Compliment a breathtaking view with a building of high calibre, persuing excellence in quality and function

2. Respond sensitively to the architectural and cultural history of Potts Point.

3. Celebrate the natural heritage of the site and its defining feature.

There will be a mix of one, two and three-bedroom apartments, with the top level apartments featuring deep terraces with extensive views.

<a href="/new-apartments/muse-potts-point-30-34-brougham-street-potts-point"><img alt="" height="655" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-04-20_at_8.55.29_am.png" width="1137" /></a>

The site currently holds an aged, four-storey residential apartment building with a semi-submerged basement.

WMK note in their design verification statement that the site itself is not identified as a heritage item but it is located within the Woolloomooloo Heritage Conservation area.

&quot;The immediate context is rich in historical architecture including Victorian terrace row-houses nestled alongside more contemporary developments.

&quot;The local vernacular predominantly includes two to four-storey terrace houses with balconies oriented toward the West. Many of these building facades are adorned with decorative balustrades and brick or timber cladding.&quot;

They suggest the&nbsp;proposed design draws inspiration from both the architectural and natural heritage of the site and surrounds.

<a href="/new-apartments/muse-potts-point-30-34-brougham-street-potts-point"><img alt="" height="660" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-04-20_at_8.55.20_am.png" width="1142" /></a>

&quot;The scale and repetition of vertical elements of the neighbouring Victorian terrace houses have been adopted for the proposed podium fa&ccedil;ade to create a strong, cohesive edge along Brougham Street.

&quot;The use of sandstone for the podium intends to create a visual connection to the exposed cliff face that protrudes out from below the large apartment building to the North.&quot;

Third.i,&nbsp;founded by Luke Berry, Robert Huxley and&nbsp;Ron Dadd in 2005, are also currently developing the Dairy Farmers site in Newcastle in to two towers, one of which will be the tallest in the city.

Always aware of how they can innovate and improve their offering for the buyer, Third.i recently launch CoPosit, which allows potential buyers secure a&nbsp;property with just $10,000 in savings, with the remainder of the deposit paid over weekly instalments until the apartment is ready. That&#39;s in operation at the Newcastle project, with around 10 per cent of buyers using the tool.

Urban recently caught up with Third.i co-founder Luke Berry. To read a bit more about how Third.i operate, <a href="/news/nsw/how-the-sydney-apartment-developer-third-i-always-puts-the-buyer-first-five-minutes-with-luke-berry">click here</a>.

The site currently holds an aged, four-storey residential apartment building with a semi-submerged basement

First look: Third.i and Toohey Miller plot $22 million new apartment project in Potts Point

As Brisbane&rsquo;s median house price skyrockets, the gap to the median apartment price widens, but it&rsquo;s set to be short-lived with Colliers research showing the apartment market tipped is for a dramatic price increase.

Brisbane&rsquo;s median house price increased by 10.7 per cent to $890,000 in the March quarter, according to research by Colliers.

The gap between the median house price and the median apartment price is at 49 per cent, the greatest differential Brisbane has seen in two decades.

However, Colliers Director Residential Queensland Andrew Roubicek believes the city is in for a significant price increase in the apartment market as we move into the second half of 2022, with compounding pressures on the construction sector forcing developers of new stock to lift prices.

[smartcode_project:default project_id=100681 project_image_fid=162779]

&ldquo;Working closely with developers, builders and architects as part of the project marketing arm of Colliers, and selling more than 5,000 apartments annually, we have seen first-hand the impact of labour and material shortages,&rdquo; Roubicek said.

&ldquo;Costs are rising by up to 30 per cent, and recent floods and COVID-induced issues are intensifying the problem and causing significant delays on construction timeframes.&rdquo;

The impact of cost increases as a result of compounding environmental factors has had a dramatic impact on the construction sector, with several builders entering voluntary administration of falling into receivership.

However, Roubicek said the impacts of the cost increases and external pressures had a far wider reaching implications than the construction sector alone.

[smartcode_project:default project_id=100681 project_image_fid=162782]

&ldquo;There have been several examples of new developments achieving presale requirements of around 80 per cent, only to have developers refund deposits and tear up contracts because building costs have escalated to a point that the development is financially unviable,&rdquo; he said.

&ldquo;It&rsquo;s left homebuyers utterly upset and disgruntled, particularly in what has become such a competitive market.

&ldquo;As a consequence, developers who are looking to acquire new development sites are forced to increase their projected sale prices by around 20 per cent in their feasibilities. Just 18 months ago a two-bedroom apartment in Brisbane might have sold off the plan for $9,000 per square metre.

&ldquo;But, to build that apartment today the developer would need to achieve a sale price of $11,000 per square metre for the project to stack up. That&rsquo;s a 20 per cent price increase passed directly onto buyers,&rdquo; he added.

[smartcode_project:default project_id=25721 project_image_fid=157090]

Roubicek said the economic impact of interest rate increases would further impact on housing affordability, forcing buyers back into the apartment market.

&ldquo;Buyers may see better value in the established apartment market in the short-term, as opposed to buying new off the plan. However, this will be a short-lived alternative as supply dries up and investors stake advantage of rental vacancy rates.

&ldquo;We expect surge in demand from investors as the rental vacancy rates continue to fall to less than one per cent and rental yields approach five per cent. This increase in demand will have a significant impact on the second hand apartment pushing up prices reflecting the price of a new apartment.&rdquo;

The gap between the median house price and the median apartment price is a staggering 49 per cent, the greatest differential Brisbane has seen in two decades.



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