Apartment developers in the Gold Coast are finding new, creative ways to differentiate themselves from competing projects, as new supply starts to flow through up and down the Coast.

Developer Big Projects brought in the renowned Sydney-based design studio YSG to craft the interiors for The Frederick, Big Projects' new Mermaid Beach project and YSG's first move into the multi-residential development space.

[smartcode_project:default project_id=110588 project_image_fid=5346]

It was a strategic move for Big Projects to bring in a Sydney eye to the development.

“Our role is to give our design partners the space and freedom to explore,” says Matt Barrett, Director of Big Projects.

“We wanted YSG Studio to capture the essence of Nobby’s, to design a building that embraces life, light and connection, while creating a genuine sense of place.”

There are only 39 apartments in The Frederick, including a striking beach house, just 100 metres from the booming Nobby Beach precinct.&nbsp;

[smartcode_project:default project_id=110588 project_image_fid=5347]

Yasmine Ghoniem, Director of YSG Studio, says their vision&nbsp;for The Frederick "reinvents coastal living."

“Nobby’s has such an iconic energy, it’s one of those rare pockets of the Gold Coast where the community, the beach, and the streets all feel connected,” Ghoniem says.

"Responding to the neighbouring coastline, soothing curves add a relaxing regional overlay, while unique detailing really sets it apart. It’s a place that feels lived in from the moment you step inside.”

A standout feature of The Frederick is its rooftop terrace, an uncommon inclusion for a boutique, low-rise building, where amenity is typically concentrated at ground level.

[smartcode_project:default project_id=110588 project_image_fid=5360]

Positioned to capture panoramic views from the hinterland to the ocean, the rooftop has been designed as a series of intimate zones. It includes a pool, sauna, sun decks, workspaces and dedicated entertaining areas.

“The rooftop was conceived as a collection of spaces where residents can unwind and connect, an extension of the Nobby’s lifestyle,” Barrett says.

Architecture for the project was led by Plus Architecture, with landscape design by LDG.

SRQ Projects Director Nick Clydsdale, who is handling sales at The Frederick, says the majority of enquiry is coming from South East QLD and Victorian buyers who have been actively searching between Broadbeach and Mermaid Beach for some time.

"They’ve reviewed a number of projects, however this one has stood out for its design flair/ appeal,"&nbsp;Clydsdale says.

Site demolition is slated for this month, with construction commencing soon after. Big Projects is targeting a late 2027 completion.

[smartcode_project_cta:default project_id=110588]

Joel Robinson

Big Projects taps Sydney’s YSG for first multi-residential project at The Frederick Mermaid Beach

Melbourne-based property developer ALTA Property has this week achieved planning approval for the adaptive re-use of a former commercial tower into a $200 million, 169-apartment project at 10 Queens Road, one of the last developable sites along the Albert Park Lake-fronting boulevard.&nbsp;

Set within one of Melbourne’s most sought-after precincts and designed by <a href="https://www.apartments.com.au/architects/fraser-partners-0">Fraser and Partners</a>, the illustrious building will offer unparalleled views across Albert Park Lake, Port Phillip Bay and Melbourne CBD.&nbsp;

The mix of 1, 2 and 3-bedroom residences will be complemented by a ground-floor amenity featuring private dining, a lounge bar, gym and wellness spaces, co-working, outdoor communal gardens, and retail.&nbsp;

The 17-storey building is a masterclass in adaptive re-use, with the existing commercial building’s façade, shell and internal structure to be retained, before high-end residences are built from the ground up in a newly built Albert Park facing addition to the building.&nbsp;

Sitting atop the building will be two 320+sqm penthouses with private rooftop terraces, which are expected to be priced between $9 - $11 million.&nbsp;

<img alt="ALTA Property achieves permit approval for $200 million Queens Road tower" data-entity-type="file" data-entity-uuid="aa11211b-5581-43f9-940c-fc84d30a0e61" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/C_04.png?VersionId=Yhf5p_1EgGDu_zOIMFgvA8Ug8j3sTFQs" />

Architecturally, the building will feature a curved, geometric façade that celebrates and elevates the existing structure, with warm, muted tones which were selected to extend the materiality of the existing building rather than contrast it.&nbsp;

Interiors will bring together three metre high ceilings with waffle concrete in some spaces, natural timber, granite and Australian materials, culminating in crafted, generous and considered spaces that are defined by authenticity.&nbsp;

The adaptive re-use means that the Queens Road project will be a sustainability led, high-quality finished product, with a 62% saving in carbon emissions by re-using the existing structure rather than knocking it down and rebuilding.&nbsp;

ALTA Property was launched by Nigel Givoni in 2023, bringing over 25 years of experience in multi level residential delivery.&nbsp;

Melbourne’s property market growth is currently led by apartments. According to RPM VIC Apartments &amp; Townhomes Market Report (April 2026), units are outpacing houses, especially in the middle ring suburbs where median prices hit $757,500 – a four-year high that represents 2.9 percent growth quarter-on-quarter.&nbsp;

<img alt="ALTA Property achieves permit approval for $200 million Queens Road tower" data-entity-type="file" data-entity-uuid="647e13d7-b4bc-433a-9bc9-fe3c3dd4f2ec" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/V_06.png?VersionId=ou4NUCWUgA3NAy.6CQJlEdKX50j3dOk6" />

For ALTA Property Founder Nigel Givoni, this performance speaks to the confidence he has in the Melbourne market.&nbsp;

“Queens Road represents a rare opportunity to continue to shape our presence in the Melbourne market.,"&nbsp;Givoni says.

"With a considered project team and a premier site along one of the city’s most sought-after boulevards, we look forward to contributing to the fabric of this established address.

“Other Australian markets are getting a lot of attention, but I believe the depth of value in Melbourne is being overlooked. The fundamentals are strong, population growth is steady and, based on our preliminary conversations with a leading builder, construction costs are beginning to normalise, creating further opportunity."

Givoni says the project is a&nbsp;highly considered example of adaptive re-use, delivering quality, high-end residences, premium hotel-inspired amenities and an architecturally striking façade, all achieved without the need to remove the existing structure.

"We are really looking forward to the market’s response,” he said.&nbsp;

ALTA Property to deliver $200 million Queens Road apartment tower

Construction is set to begin at <a href="https://www.apartments.com.au/new-townhouses/orchard-mews-glen-iris-18-scott-grove-glen-iris-vic-3146">Orchard Mews</a> in Glen Iris, with&nbsp;PC Whitehall &amp; Sons&nbsp;now appointed as the townhome development moves into its next phase.

The development by&nbsp;<a href="https://www.apartments.com.au/developers/montcoeur">MontCoeur</a>,&nbsp;located at 18 Scott Grove, is now around 30 per cent sold, with completion targeted for late-2027.

Orchard Mews comprises a curated collection of three- and four-bedroom customisable townhomes, positioned within one of <a href="https://www.apartments.com.au/developments/glen-iris-vic-3146">Glen Iris</a>’ more tightly held residential streets. The low-density project has been designed by <a href="https://www.apartments.com.au/architects/cera-stribley-architects">Cera Stribley</a>, with landscape architecture by <a href="https://www.apartments.com.au/landscape-architect/jack-merlo">Jack Merlo</a>, bringing together a team known for high-end residential projects across Melbourne.

[smartcode_project:default project_id=150128 project_image_fid=366285]

The development is defined by its focus on flexible living and long-term usability. Each residence includes multiple living zones and a customisable multipurpose room, allowing buyers to tailor spaces to suit changing needs, whether as a home office, additional bedroom, wellness area or entertainment space.

Architecturally, the townhomes emphasise natural light and spatial volume, with dual-aspect layouts and double-height living areas incorporated into the design. Interiors feature natural stone benchtops, premium appliances, and a neutral material palette intended to support everyday functionality rather than statement-driven finishes.

All residences are all-electric and include private lifts and secure double garages, reflecting a broader shift toward sustainability and future-focused housing in Melbourne’s established suburbs.

[smartcode_project:default project_id=150128 project_image_fid=366277]

Outdoor connections are also central to the offering, with a mix of private courtyards and terraces extending internal living spaces and integrating with the landscaped surrounds.

The Scott Grove address places Orchard Mews within close proximity to some of Melbourne’s key lifestyle and education amenities, including Scotch College, Sacré Cœur, Cabrini Hospital and the retail hub of Chadstone. Public transport access is also nearby, with trams and Gardiner Station providing connectivity to the CBD and surrounding suburbs.

[smartcode_project_cta:default project_id=150128]

Construction to commence at luxury Glen Iris townhome project, Orchard Mews

A rare new apartment development has been proposed on the fringe of St Ives Village.

Developer Newquest Property has lodged plans for a low-rise apartment project designed by well-regarded architecture firm Warren &amp; Mahoney, which is best known for its work in the multi-residential sector in Melbourne.

The building, proposed for a 1,916 sqm site on <a href="https://www.apartments.com.au/new-apartments/st-ives-residences-3-5-memorial-avenue-nsw-2075">Memorial Avenue</a> opposite St Ives Village Green, has been designed to blend into the surrounding natural environment.

<img alt="St Ives" data-entity-type="file" data-entity-uuid="5c1c7437-2fba-4345-a6d7-05321714ad3e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-04%20at%201.28.46%E2%80%AFPM.png?VersionId=KrYyMaJvNqR7vbx0xbB3Ef8sJ6FuHpmn" />

“Drawing inspiration from the pale trunks and flowering canopies of the scribbly gums and blue gums prevalent in the area, a considered material palette was developed,” the architectural design report states.

“This palette references the established materiality of the suburb while elevating it through refined finishes to achieve a more luxurious architectural expression.”

Of the 33 apartments proposed, 21 will be three-bedroom residences. The remaining mix includes nine two-bedroom apartments, one one-bedroom apartment and two four-bedroom residences. The development will be supported by 62 car parking spaces and 33 secure bicycle spaces.

The proposal would replace two single-storey brick buildings currently on the site.

<img alt="St Ives" data-entity-type="file" data-entity-uuid="21422eaf-09a9-4439-9278-b9bd9daf22a1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-04%20at%201.38.10%E2%80%AFPM.png?VersionId=v.fXSgcUcEscvOZzqcjG5nk3gVqk_Amt" />

St Ives remains a relatively untapped market for new apartment development. North Shore developer WINIM has a number of projects in the area, while INCA is nearing completion of Ellis Residences.

More recently, Traders In Purple has lodged plans for one of the denser projects proposed in the suburb, a 75-apartment development on a 5,900 sqm site on Cowan Road.

NewQuest, a construction, design and development firm, has delivered over 24 projects across commercial, residential, industrial, and lad markets.&nbsp;

&nbsp;

&nbsp;

First look: NewQuest Property proposes new St Ives apartment development

<a href="https://www.apartments.com.au/developers/centa-property-group">Centa Property Group</a> has achieved two major milestones at its <a href="https://www.apartments.com.au/new-apartments/bilinga-house-107-golden-four-drive-bilinga-qld-4225">Bilinga House</a> apartment development in the sought-after southern Gold Coast.

They've almost sold 50 per cent of the Golden Four Drive building, while at the same time announcing the commencement of construction through reputable builder Greyburn Construction.

The boutique 10-storey building, with 47 two- and three-bedroom apartments, now has a mid-to-late 2028 completion date.

[smartcode_project:default project_id=150037 project_image_fid=5333]

The <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a>-designed project is positioned just 200 metres from Bilinga Beach and brings a relatively rare apartment offering to a market that has seen limited new supply in recent years.

Residences have been designed to maximise natural light and ventilation, with open-plan interiors, generous glazing, and material palettes that reflect the surrounding coastal landscape.

Interiors incorporate engineered timber flooring, stone benchtops, and custom joinery, with layouts designed to adapt to both permanent living and lock-and-leave use.

[smartcode_project:default project_id=150037 project_image_fid=5336]

Rothelowman Senior Project Leader Matthew Tencate said the design approach centres on liveability and community.

“Providing curated on-site amenities and communal spaces for residents that facilitate a sense of community, liveability, and wellness,” Tencate said.

Residents will have access to a suite of private amenities including a pool, gym, sauna, and communal alfresco areas, alongside practical features such as surfboard storage and bicycle facilities.

[smartcode_project:default project_id=150037 project_image_fid=5336]

Centa Property Group Director Jason Yuen said the project has been designed to appeal to a range of buyers seeking flexibility in how they use their property.

“Bilinga House is designed for those who want the best of both worlds – a modern beachside escape with the flexibility to generate income when you're not there,” Yuen said.

[smartcode_project:default project_id=150037 project_image_fid=5338]

Bilinga remains one of the quieter pockets of the Gold Coast, sitting between the more established hubs of Coolangatta and Palm Beach. Its appeal has strengthened in recent years, supported by proximity to the Gold Coast Airport and the Oceanway coastal path.

[smartcode_project_cta:default project_id=150037]

Bilinga House apartments snapped up as Greyburn commences construction

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>

&nbsp;

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.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="415" src="https://www.youtube.com/embed/C32BWkB5--c" title="YouTube video player" width="660"></iframe>

<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?

A slender, sculptural tower designed by acclaimed architects <a href="https://www.apartments.com.au/architects/candalepas-associates">Candalepas Associates</a> will soon rise just moments from Hyde Park, following the demolition of the Polding Centre on Liverpool Street, formerly home to the Sydney Archdiocese.

The project, known as <a href="https://www.apartments.com.au/new-apartments/hyde-metropolitan-sydney-133-141-liverpool-street-sydney-nsw-2000">Hyde Metropolitan</a>, is being delivered by leading Sydney developer <a href="https://www.apartments.com.au/developers/deicorp">Deicorp</a> and will now combine a boutique hotel of 100 rooms with 170 luxury residences positioned above, capturing panoramic views over Hyde Park, the city skyline, and Sydney Harbour.

Residents will enjoy amenities including a 20-metre podium pool, outdoor terraces with barbecue facilities, and a gym. A dedicated concierge service, a signature ground-floor restaurant, and a Skybar on level six complete the offering for residents and hotel guests.&nbsp;

[smartcode_project:default project_id=21809 project_image_fid=351916]

Positioned within steps of Museum Station and the new Gadigal Metro, Hyde Metropolitan offers unparalleled connectivity to Sydney’s transport network, luxury retail, cultural institutions and the city’s world-class dining scene.

“The Hyde Park precinct is on the cusp of a real shift, not just in look and feel, but in how people live and connect here,” said Fouad Deiri, Founder of Deicorp.&nbsp;

“With Oxford Street set to re-emerge as one of Sydney’s most vibrant destinations, Tech Central on the doorstep, and the new metro only a block away, Hyde Metropolitan sits at the heart of a precinct being purposefully reimagined for the future."

[smartcode_project:default project_id=21809 project_image_fid=351920]

Deiri says they have&nbsp;considered every detail, from the architecture to the lifestyle amenities, to create a building that celebrates Hyde Park’s legacy while offering a level of sophistication rarely seen in CBD living.

“The addition of a boutique hotel makes Hyde Metropolitan both a landmark residential address and a destination in its own right. It brings together homes, hospitality, and lifestyle in one of Sydney’s most connected locations."

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The interiors feature winter gardens,&nbsp;timber flooring, curated palettes, and high-end finishes.

Demolition of the former Polding Centre is now complete, with construction now underway. Hyde Metropolitan is now selling, with residences priced from $1.48 million.

[smartcode_project_cta:default project_id=21809]

Hyde Metropolitan brings luxury residences and hotel living to the heart of Sydney

ICD Property has unveiled its vision for a landmark mixed-use precinct in Brisbane’s West End, set to deliver <a href="https://www.apartments.com.au/new-apartments/25-donkin-street-west-end-qld-4101">more than 1,100 new residences</a> alongside parks, retail and public spaces in one of the city’s last major riverfront sites.&nbsp;

Located at 25 Donkin Street and 9 Buchanan Street, the 16,800 sqm plus site spans four street frontages, including 200 metres of direct frontage to Riverside Drive. The design by <a href="https://www.apartments.com.au/architects/plus-studio">Plus Studio</a> proposes six towers, ranging in height of up to 30 storeys, each shaped to reflect the Brisbane River and existing fig tree canopy.&nbsp;

The design includes over 1,100 residences, from laneway and townhouse-style urban homes to sky-high apartments, alongside activated laneways, F&amp;B at ground level, and two parks. Significant mature fig trees, some more than 200 years old, will be retained and celebrated within a network of subtropical boulevards and green spaces that unify the development and bring residents and visitors closer to the river.&nbsp;

<img alt="ICD Property unveils plans for transformative $2B+ Brisbane riverfront precinct" data-entity-type="file" data-entity-uuid="424d4e6c-8d9a-4352-82c2-6df21e514ce2" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Donkin_View2_HD_PS%20Resized.jpeg?VersionId=07syVcL3btmLQG0JhkR12xDl3wGDKCQ_" />

Offering direct river views over Riverside Drive will be 16 two-storey townhomes. A further 11 townhomes will be located along the activated laneway between Donkin Street and Hockings Street, and two townhomes will face Buchanan Street.&nbsp;

Rooftops and podium terraces will feature lush greenery, with extensive shared amenities including a terraced amphitheatre, lap pool, spa and sauna, gym, BBQ areas, coworking spaces, and yoga and pilates studios, encouraging community connection. Bridges linking Tower One and Tower Three across the ground floor laneway further enhance permeability and create a truly integrated community.&nbsp;

<a href="https://www.apartments.com.au/developers/icd-property">ICD Property</a> CEO Matthew Khoo said the project represents a long-term contribution to the city’s growth.&nbsp;

“Brisbane is facing one of the tightest housing markets in the country, with population growth outpacing supply and vacancy rates near historic lows," Khoo says.

“West End has always been a place of connection - to the river, to culture, to community. Our vision is to extend that legacy, creating new homes and public places that balance density with liveability and community benefit,” he said.&nbsp;

<img alt="ICD Property unveils plans for transformative $2B+ Brisbane riverfront precinct" data-entity-type="file" data-entity-uuid="e01ffcf3-278d-41bd-827a-0b67bc6117a0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/02-Townhouse%20Elevation%20View.png?VersionId=wtEtawLIymo7EV7hBo7V0q.4SF54idt6" />

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Plus Studio Director Danny Juric said the practice was honoured to be working on such a significant placemaking project in Brisbane.&nbsp;

“This is a rare chance to transform an underutilised industrial site into a new riverside landmark. We’ve drawn on the character of West End while responding to the lifestyle and landscape qualities that define Brisbane today, creating a destination that connects the city’s past and future.”&nbsp;

<img alt="ICD Property unveils plans for transformative $2B+ Brisbane riverfront precinct" data-entity-type="file" data-entity-uuid="e3b5d384-bfff-450f-ac42-b58df2186aa2" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/River%20Home%20Ex%2002.png?VersionId=t63ICWzyF5QEw5Ef2LJ0F6WO9NksFbCJ" />

Located just moments from the CBD, the precinct will bring new vitality to Brisbane’s inner south while supporting housing diversity, green open space, and active waterfront living. If approved, Stage One is expected to be completed in 2030, providing significant housing ahead of the 2032 Brisbane Olympics.&nbsp;

The planning application is currently before the Brisbane City Council, with a decision expected early to mid-2026.

ICD unveils plans for transformative $2 billion Brisbane riverfront precinct

Developer <a href="https://www.apartments.com.au/developers/time-place">Time &amp; Place</a> has appointed Hacer to build <a href="https://www.apartments.com.au/new-apartments/park-modern-south-melbourne-1-middleton-lane-south-melbourne-vic-3205">Park Modern</a>, its $500 million residential development overlooking Melbourne's Botanic Gardens, while also launching sales to the public.&nbsp;

Located at 11-27 Dorcas Street in South Melbourne, the development encompasses four sites Time &amp; Place strategically acquired and amalgamated over an 18-month period.&nbsp;

The development site is bordered by Middleton Lane, Dorcas and Wells Street, culminating in a substantial 2,398 sqm precinct which occupies the block.&nbsp;

[smartcode_project:default project_id=138453 project_image_fid=351808]

<a href="https://www.apartments.com.au/builders/hacer-group">Hacer</a> has been awarded the build contract, with demolition works now complete and the project team targeting first residents by early 2028.&nbsp;

Following the project receiving Development Approval in January 2025 via the Victorian Government's accelerated Development Facilitation Program (DFP) planning pathway, the much-anticipated project has now earnt its title as the largest island development site in Melbourne's CBD fringe.&nbsp;

Designed by the renowned architect <a href="https://www.apartments.com.au/architects/bates-smart">Bates Smart</a>, Park Modern takes the form of two sculptural towers strategically placed with a unique orientation designed to maximise each apartment's views of the Botanic Gardens, Shrine of&nbsp; 
Remembrance and the Port Phillip Bay.&nbsp;

The sculptural tower forms are grounded by a robust concrete podium; its gridded proportions a nod to the grand Victorian mansions that once lined St Kilda Rd. Generous balcony planter boxes create a soft, green edge, blending in with the lush greenery of the street and garden surrounds.&nbsp;

[smartcode_project:default project_id=138453 project_image_fid=351806]

Park Modern brings to market 230 one, two, three, and four-bedroom residences, sized from 50 sqm to 300sqm, with pricing starting from $670,00 and reaching north of $10 million.

The development also includes two sub-penthouses and one double-storey penthouse sitting across the uppermost floors of the 17-storey development, boasting 4m ceiling heights.&nbsp;

The design of the project, which will embody modernised art deco with fluid forms, corner living spaces with multiple natural light sources and finely detailed metalwork in the façade, aims to prioritise light as one of the building materials, complementing the sweeping views across the Domain precinct, St Kilda Road and the Botanic Gardens.&nbsp;

[smartcode_project:default project_id=138453 project_image_fid=351804]

The interior design expands on the architecture's art deco references through custom designed door handles and feature lighting. The use of materials such as sustainably harvested timber and natural stone in the benchtops convey an enduring quality to the homes. Two choices of interior material palettes are available; a light palette inspired by bright summer days and a warm palette referencing the autumnal hues of the elm trees along St Kilda Rd.&nbsp;

The building has an intrinsic focus on sustainability, with generous glazing, considered shading, rainwater harvesting and rooftop solar photovoltaics to enable renewable power.&nbsp;

Park Modern's Display Suite, located Level 6, 332 St Kilda Road, opened on 13 September, inviting prospective buyers to explore the development's stunning interiors designed by Bates Smart. Viewings are available by appointment with&nbsp;Burtons.&nbsp;

[smartcode_project_cta:default project_id=138453]

“We have assembled a world-class team befitting this much-cherished park side address," Time &amp; Place Director and Founder, Tim Price, says.

"With some of our most trusted project partners in Bates Smart and Hacer, we are confident in delivering highly desirable residences that will optimise the views and interaction with the gardens, city and bay."

"Park Modern is our vision for a sophisticated, amenity-rich village in South Melbourne, where the 15-minute neighbourhood concept comes to life - placing the city's best food, arts, culture and entertainment within a short walk&nbsp; 
of home.&nbsp;

"This development is a testament to Time &amp; Place's mission to make for interesting living, which we continue to do by creating developments in connected, engaging, and exciting urban communities. This is the last opportunity to create a new residential address on the Botanical Gardens. We've spent seven years curating the land and a design that will feel as right in twenty years as it does today."&nbsp;

[smartcode_project_cta:default project_id=138453]

Time & Place appoints Hacer to build newly launched Park Modern apartments in South Melbourne

Builder-developer ALAND has had buyers jump at the opportunity to buy into their first inner-city Sydney apartment development.

Over $103 million in sales were achieved at the launch of The Walden, North Sydney's newest apartment tower. The sales equated to around 55 per cent of the first release of residences.

[smartcode_project:default project_id=134323 project_image_fid=6382]

Located at 177 Walker Street, North Sydney, The Walden boasts a front-row position on the eastern fringe of the North Sydney CBD, offering uninterrupted Sydney Harbour views stretching from the Sydney Harbour Bridge all the way to Sydney Heads.

The harbour views, not to mention North Sydney’s relatively limited housing supply compared to other North Shore suburbs, as well as high demand from a wealthy downsizer demographic and a growing population, is driving the strong demand and premium prices commanded in the area.

The harbourside suburb also continues to benefit from significant government and private sector investment, which is changing the face of North Sydney as it transitions to an 18-hour a day living, dining and recreation hotspot, with more spending set to come over the next decade.

[smartcode_project:default project_id=134323 project_image_fid=6395]

ALAND Founder Andrew Hrsto says North Sydney has fast become a sought-after destination for discerning property buyers.

“It’s clear that North Sydney’s changing rapidly, and property buyers are excited both by what’s on offer in 
the suburb now, as well as what’s yet to come,” Hrsto says.

“Against this backdrop, The Walden is set to become a benchmark for luxury living in North Sydney, and it’s perfectly poised for buyers to capitalise on the continued growth and transformation in the local area."

Hrsto says with&nbsp;its unrivalled amenities, refined design, and rare balance of sophistication and community connection, The Walden delivers a lifestyle unlike anything else on the market.

Residents will enjoy access to a comprehensive suite of facilities, including a fully equipped gym, wellness and treatment room, spa, wine cellar, resident lounge, private dining room, pool, dedicated work-from-home and meeting spaces, as well as the convenience of a dedicated concierge.

[smartcode_project:default project_id=134323 project_image_fid=6394]

Ben Stewart, Partner at SRM Residential, which is overseeing sales at The Walden, says North Sydney offers the perfect balance of city convenience and lifestyle appeal for prospective buyers.

“Apartment sales in North Sydney have remained robust throughout 2025, and today’s opening sales at The Walden reflect strong buyer confidence in the area’s ongoing revitalisation,” said Stewart.

“All the purchasers I spoke to are appreciating the unparalleled amenity and expansive apartments, coupled with North Sydney’s connectivity through the Metro with Barangaroo accessible in three minutes and Martin Place in five – all these factors are key drivers for a purchaser demographic that includes lower North Shore owner-occupiers and downsizers, plus a few city-based, high-end investors."

[smartcode_project:default project_id=134323 project_image_fid=6399]

Stewart says the views, design, and sizing of the apartments at The Walden, is a level&nbsp;above the majority of other projects on the market.&nbsp;

"We’re seeing buyers prioritise well-designed apartments that offer both lifestyle appeal and long-term investment potential. ALAND’s 23 years of delivery success, backed its Gold Star iCIRT rating and Latent Defect Insurance (LDI) have been embraced by this market.”

ALAND will commence construction of The Walden in early 2026, ahead of planned completion by 2028.

ALAND's sales success at The Walden, North Sydney launch

Builder-developer DASCO is continuing to expand its development pipeline, unveiling plans for its third project in Sydney.

The company has secured a prime 5,874 sqm site in the St Leonards South precinct, spanning 14–16 Marshall Avenue, 5–9 Holdsworth Avenue, and 2–10 Berry Street. The site will host three new buildings, delivering 231 new residences.

Each tower will rise 14 storeys and feature a mix of apartments, double-storey townhomes, and penthouses. The inclusion of affordable housing in the development has triggered a height uplift from the previously approved 10 storeys to 14.

DASCO is already familiar with the area, as it is currently delivering The Newlands by Eterno, just down the road, alongside Elation by New Golden.

“This milestone reflects our continued commitment to shaping vibrant communities and delivering enduring places to call home,” DASCO said in its announcement, adding that it will once again partner with Metrics.

DASCO and Metrics are also collaborating on the recently launched Senso in Epping, a landscape-focused precinct comprising 479 apartments across five buildings, the first of its kind in the suburb.

DASCO’s other active project, Danks St District, is similarly transforming its local area. It will include six new residential buildings with around 373 apartments. Both current projects are backed by a 10-year Latent Defects Insurance policy from Resilience Insurance.

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Exclusive: DASCO expands Sydney apartment pipeline with trio of St Leonards buildings

<a href="https://www.apartments.com.au/developers/consolidated-properties">Consolidated Properties Group (CPG)</a> has revealed plans for a new residential development on one of the last remaining direct riverfront sites in Newstead.&nbsp;

The <a href="https://www.apartments.com.au/new-apartments/47-skyring-terrace-newstead-qld-4006">Skyring Terrace project</a> will comprise 235 premium apartments in a 25-storey tower with Moreton Island views, accompanied by a small four-storey riverfront building of just 12 ultra-luxury residences.

Award-winning architecture firm&nbsp;<a href="https://www.apartments.com.au/architects/woods-bagot">Woods Bagot</a>&nbsp;was inspired by&nbsp;the great classical buildings of Brisbane.&nbsp;CPG's long-term build partner, tier one construction firm <a href="https://www.apartments.com.au/builders/hutchinson-builders">Hutchinson Builders</a>, will deliver the development.

CPG Chairman and CEO, Don O’Rorke said he's spent the last 10 years in their office looking next door to Customs House and thinking, 'imagine if we could build something like that.'

“We want this building to be considered one of Brisbane’s best in 100 years," O'Rorke says.

"I want my great, great grandchildren to be proud say that we built this. “&nbsp;

<img alt="CPG unveils a modern classic on the Newstead riverfront" data-entity-type="file" data-entity-uuid="119b4fe7-f733-40ca-9588-36e67d46707a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/47SKYRING_C2.jpg?VersionId=252vgJzSyaJ2LcbpQlTI.YisSLwt7sxl" />

Woods Bagot Principal, David Lee said the design of the building is "elegant, confident, and timeliness."

“When Consolidated Properties Group approached us, we knew this site demanded something notable. It’s an iconic building that marks the entry to the &nbsp;vibrant Newstead riverside community," Lee said.

"Classical motifs are reinterpreted and abstracted to create a modern aesthetic on key architectural elements, like the slab edges, columns and &nbsp;balustrade.”&nbsp;

CPG’s Head of Residential, James MacGinley said Woods Bagot have created a modern classic.

"From the bullnose brick columns to the sandstone flagstones everything has been selected to last a lifetime. Too often, contemporary design relies on modern façade materials to create architectural &nbsp;interest. But people forget that those modern materials fade over time while stone and brick last forever.” &nbsp;

Positioned to capture panoramic vistas north across the river to Hamilton Hill, the project’s front-row location offers uninterrupted, never-to-be-built-out views - a rarity in Brisbane’s tightly held &nbsp;riverfront landscape.&nbsp;

MacGinley said the apartment layouts embrace the perfect north east aspect of the site.

"More than 75 of the apartments have a river view which is an incredible design achievement from the Woods Bagot team.” &nbsp;

The development forms part of&nbsp;CPG’s riverfront collection including Monarch Residences at Toowong, and a new 25-storey development at Yeerongpilly.

Hutchinson Builders are expected to commence in 2026, with apartment sales launching early next &nbsp;year.

Don O'Rorke's Cons Prop unveils Newstead riverfront apartment plans

Melbourne developer&nbsp;<a href="https://www.apartments.com.au/developers/hengyi-australia">Hengyi</a> is trying again to develop its prominent Bay Road site in Bayside Sandringham.

The new application, now under consideration via Victoria’s Development Facilitation Program, marks a revised approach after a previous iteration was refused by VCAT in late 2023. They are planning three seven-storey residential buildings at 208-210 Bay Road, an already cleared 5,226 sqm block just under two kilometres from the beach.

The buildings will home&nbsp;123 apartments above a two-level basement car park, along with a commercial tenancy, communal facilities, and landscaping interventions.&nbsp;

<img alt="208-210 BAY ROAD SANDRINGHAM VIC 3191" data-entity-type="file" data-entity-uuid="d5523a8c-47e3-47f4-b468-9fb97f241977" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/front%20full.png?VersionId=CGSZOulullVRFFbCrTAvZLXJ1jPv5.wM" />

Hengyi has addressed the key concerns from VCAT, namely&nbsp;how the building would integrate with the current environment.

The buildings step down from Bay Road towards the rear, addressing sensitive residential interfaces and the neighbouring Sandringham East Primary School. Design features include varied setbacks, upper-level recesses, and deep soil zones intended to retain and supplement the existing tree canopy.&nbsp;

Vehicular access is proposed via an upgraded crossover on Bay Road, while pedestrian connectivity is enhanced through retention of an easement that links to the primary school. Car parking is proposed to be reduced below the standard requirements, justified in part by the site’s proximity to public transport and active transport networks.

<img alt="208-210 BAY ROAD SANDRINGHAM VIC 3191" data-entity-type="file" data-entity-uuid="d622acc1-0917-43d4-b8ba-8857ded0cc73" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/perspective_2.png?VersionId=iSrKHlI_D11ckyBzWdgq5QEy2TSWZCTW" />

Architect Rothelowman noted in the Urban Context Report that the proposal&nbsp;"seeks to balance site efficiency, residential amenity, and a sensitive response to its urban interface."

Rothelowman's design inspiration stemmed from asking the question 'What does&nbsp;Sandringham and Bayside have that is unique to other parts of suburban Melbourne?'

They said indigenous coastal flora and fauna, extensive areas of recreational greenland, and living by the ancient land that follows the bay, are the three key features of Sandringham.

The proposed mix includes affordable and market housing, with <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a>&nbsp;seeking to balance increased density with amenity through articulated built forms and communal offerings such as a gym, co-working space, and rooftop spa.

John Patrick Landscaped Architects have come in to enhance the landscaping, which was another key factor in the VCAT decision to refuse the original application. Now there will be rainforest and coastal gardens with a predominantly native and indigenous planting palette.

<img alt="208-210 BAY ROAD SANDRINGHAM VIC 3191" data-entity-type="file" data-entity-uuid="7cdceff0-aa99-4ed7-a159-0038e8f66fbb" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/perspective_3.png?VersionId=uvTAu41Ryn3GWKLjJrIbilvQO09MsuR9" />

The Town Planning Report by Urbis suggested the project is designed to deliver “a much-needed increase in dwelling diversity and density” in an area earmarked by Bayside Council as a Moderate Residential Growth Zone.

The Bayside Housing Strategy identifies the corridor as suitable for higher density residential renewal, aligning with the state government's recent target of 30,000 new homes in Bayside by 2051.

The application is being assessed by the Minister for Planning under Clause 53.23 due to its scale, provision of affordable housing, and $70 million-plus investment.&nbsp;The project is forecast to support 200 full-time construction jobs and deliver $56 million in gross value added during the build period.

Hengyi has previously developed Swanston Central and Light House, both in the Melbourne CBD.

The Bayside Housing Strategy identifies the corridor as suitable for higher density residential renewal, aligning with the state government's recent target of 30,000 new homes in Bayside by 2051

First look: Hengyi proposes trio of apartment buildings for Sandringham’s Bay Road

Both buyer demographic and buyer preference is shifting across Melbourne, the&nbsp;recently released Apartment Essential Snapshot by research giant Urbis found.

Data showed 40 per cent of purchasers over the June quarter were investors, closer to levels observed in 2021 and 2022, rather than the last two years. Investors are no doubt driven by lower interest rates, and the fact Melbourne has slipped to become one of the most affordable capital cities in the country.&nbsp;

Developers and project marketers are currently reporting a high number of interstate investors in particular across the board, who are priced out of the investment markets in Sydney and South East Queensland.

<img alt="Urbis" data-entity-type="file" data-entity-uuid="6d1bca0c-2d65-4b8f-9203-fbb4934c1e69" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-09-24%20at%201.41.19%E2%80%AFPM.png?VersionId=mFL2Oa1qD6OBGSZweCM7aT5VEmgd8jWG" />

While investors showed signs they are back in the market in Melbourne, there has been an ongoing shift towards larger-scale apartments from developers, targeting the downsizer, a demographic relatively under serviced until recently.

Three-bedroom apartments are now being sought just as much as one-bedroom apartments, which is prompting a seismic shift in the make-up of new buildings.&nbsp;

<img alt="Urbis" data-entity-type="file" data-entity-uuid="40962ec9-fd32-4e32-9605-5f1066c913c0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-09-24%20at%201.47.09%E2%80%AFPM.png?VersionId=KoUoPDQNKgKNPFKQf0Fr.8YRtnMlaYSb" />

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Melbourne's off the plan apartment market has been buoyed by the abolition of stamp duty on new and off the plan apartments, which was extended earlier this year to October 2026.&nbsp;The concession allows buyers, including investors, to deduct construction costs from the dutiable value of the property, lowering entry costs and stimulating demand.

Also assisting in demand in the new space is the increased in demand, and turn around of price growth, in the established sector.&nbsp;Clearance rates in Melbourne improved five percentage points in the quarter, pointing to a greater appetite for the state to transact on property, an appetite that had waned in recent years.

Urbis noted that sales speeds are increasingly aligning across Sydney and Melbourne, with under-construction projects in particular securing quicker commitments from buyers. This suggests heightened confidence in delivery, despite ongoing construction industry uncertainty.

Pipeline lifts, but remains subdued

After several years of record lows, Melbourne’s apartment pipeline is beginning to recover.

Nationally, annual completions are forecast to rise to 23,350 apartments per year between 2025 and 2027, 21 per cent higher than the 2021–2024 average, but still 35 per cent below the 2016–2020 cycle.

Prices continue to trend upward

Pricing remains on a steady incline, with Melbourne in line with the national average of $16,400 per square metre. That figure reflects a 14 per cent annual increase and a consistent 10 per cent per annum growth since 2021, driven by rising construction costs and the market’s shift toward higher-value product.

While the overall supply pipeline remains materially below long-term averages, the Q2 figures suggest Melbourne is “creeping off the bottom.” Investors are returning, sales rates are accelerating, and developers are again lodging applications for larger projects.

Together, these trends indicate a market cautiously regaining balance between buyer demand and supply delivery.

Investors return to Melbourne off the plan apartment market as buyers lean towards three-bedroom homes: Urbis

New apartment developer&nbsp;<a href="https://www.apartments.com.au/developers/casa">CASA</a> has appointed <a href="https://www.apartments.com.au/builders/decode">Decode Group</a>&nbsp;to build The McLaren, their newly launched North Sydney project.

Decode’s appointment marks CASA’s second builder engagement this year, reflecting what the company says is “the momentum of our business and the dedication of the incredible team working to bring The McLaren vision to life.”

[smartcode_project:default project_id=141323 project_image_fid=3191]

The appointment follows demolition works on site and strengthens a delivery team that also includes architects Bates Smart and landscape designers 360 Degrees.

<a href="https://www.apartments.com.au/new-apartments/the-mclaren-north-sydney-45-mclaren-street-north-sydney-nsw-2060">The McLaren</a> will rise 14 storeys in a stepped form, cascading towards a sculpted rooftop garden with panoramic views of Sydney Harbour and the CBD. It will have 71 apartments.

<a href="https://www.apartments.com.au/architects/bates-smart">Bates Smart</a>’s design draws on the site’s heritage context, with the podium referencing North Sydney’s fine-grain character and adjacent conservation areas.

&nbsp;

[smartcode_project:default project_id=141323 project_image_fid=3194]

Offering a mix of one- to four-bedroom apartments, more than half of the residences are three-bedroom layouts aimed at downsizers. Interiors feature Gaggenau appliances, natural stone benchtops, and palettes inspired by the local landscape.&nbsp;

A rare selection of terrace homes has also been designed to echo the scale and materiality of nearby Victorian dwellings.

Residents will have access to a suite of amenities, including a rooftop garden, private dining room with wine cellar, and lounge spaces. A new through-site pedestrian link and ground-floor retail will further integrate the project into its local setting.

&nbsp;

[smartcode_project:default project_id=141323 project_image_fid=3196]

Positioned moments from the new Victoria Cross Metro Station, The McLaren offers one-stop connections to the Sydney CBD while retaining the character of a Lower North Shore village lifestyle.&nbsp;

Nearby amenities include North Sydney Oval, Wendy Whiteley’s Secret Garden, Greenwood Plaza, and elite schools such as Wenona and Loreto.

Construction on The McLaren is set to commence shortly, with Colliers managing the sales process.

CASA was established in 2010 as a private real estate fund backed by global institutional investor GFM, and has recently expanded its residential pipeline nationally with projects in Sydney and Melbourne.

[smartcode_project_cta:default project_id=141323]

Construction on The McLaren is set to commence shortly, with Colliers managing the sales process

CASA appoints Decode to build The McLaren in North Sydney

The quiet suburb of Thornbury is set for a rare new injection of new apartments, with plans to convert a&nbsp;prominent corner site on High Street into a seven-storey, mixed-use development that combines modern apartment living with an activated street frontage.&nbsp;

Positioned at the intersection of <a href="https://www.apartments.com.au/new-apartments/716-high-street-thornbury-vic-3071">High Street and Rossmoyne Street</a>, the proposal reflects a broader trend of mid-rise intensification across Darebin’s key tram corridors.

Lodged by <a href="https://www.apartments.com.au/developers/antipodean-land-developments">Antipodean Land Developments</a> under the VIC Development Facilitation Program, the application proposes a mix of commercial, retail and food and drink tenancies at ground level, with 45 apartments above, and a basement level below.&nbsp;

<img alt="712-716 HIGH STREET THORNBURY VIC 3071" data-entity-type="file" data-entity-uuid="e7b12b74-089b-4c31-ba7a-409ed9dec57e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/perspective_0.png?VersionId=j4eLev8RkQn9GsxwNWP6Q_aqF.9Yv9LK" />

Antipodean Land Developments brings a track record of design-led, sustainable projects, with their recent collaborations including Balfe Park Lane and Neighbourhood, delivered alongside Kerstin Thompson Architects and Breathe Architecture.&nbsp;

For the Thornbury site, the team has partnered with award-winning studio <a href="https://www.apartments.com.au/architects/austin-maynard-architects">Austin Maynard Architects</a>, whose design approach continues their commitment to socially responsive, climate-conscious urban infill.

The architectural scheme&nbsp;introduces a mid-rise built form articulated by low street walls and upper level setbacks, aiming to create a human-scaled interface along both High and Rossmoyne Streets. The Design Report prepared by Global South highlights suggested a key design feature is the&nbsp;chamfered corner treatment, which "marks a civic corner at a significant local intersection."

The building form tapers toward the sensitive eastern boundary, responding to neighbouring residential properties and local heritage elements including St Mary’s Church and the adjacent Salvation Army Hall.

<img alt="Thornbury" data-entity-type="file" data-entity-uuid="8ca6b38a-d66a-4ad6-9a29-e5ddcbc62f9e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-09-25%20at%208.22.58%E2%80%AFAM.png?VersionId=6rpne1JM42XwtkPrEH5zmTF4zrstIppA" />

The development will deliver 45 apartments across a mix of one-, two-, and three-bedroom configurations.&nbsp; Residents will have access to communal rooftop and podium-level terraces, along with improved pedestrian access through widened verges and landscaped zones.&nbsp;

The proposal for seven storeys exceeds the recommended five-storey height limit, however Ratio Consultants argues in its Town Planning Report&nbsp;the high degree of articulation and context responsive design of the building ensures that there is no excessive visual bulk. They add that there&nbsp;are various examples of mixed-use development north-south of the subject site which demonstrate overall development height in excess of five storeys.

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