A new 25-storey apartment tower proposed for Mercer Street would push Geelong’s western gateway skyline higher, with Morphy Birrell Property Group lodging plans for a project directly beside one of the city’s most significant heritage streetscapes.

The <a href="https://www.apartments.com.au/architects/fk-australia">FK</a>-designed development at <a href="https://www.apartments.com.au/new-apartments/65-67-mercer-street-geelong-vic-3220">65-67 Mercer Street</a> has now been referred to Victoria’s Planning Minister. The site sits opposite the Geelong rail corridor and immediately south of the heritage-listed St Peter and Paul’s Catholic Church and Ashby Hall precinct.

Rather than compete with the neighbouring ecclesiastical buildings, the proposal adopts a sculpted podium intended to reference the materiality and scale of the heritage context. Planning documents note the design draws cues from the “dark stone brick” church and surrounding masonry buildings, while the tower above transitions into a softer, curved form oriented toward Corio Bay and the Geelong waterfront.

<img alt="First look: Morphy Birrell Property Group targets 25-storey Geelong tower beside landmark church precinct" data-entity-type="file" data-entity-uuid="b797d10c-d4a6-47af-b8df-1aeaa3b382be" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/public%20square.png?VersionId=QGIpcz1x1hKB6lQLl2iobyHqb6PS2Ztc" />

The development forms “Stage 5” of Morphy Birrell Property Group’s broader Mercer Street precinct strategy, following the completion of the 21-storey Miramar tower on Cavendish Street and several additional approved redevelopment stages nearby. Planning consultants Ratio said the proposal “represents an exemplary development outcome” aligned with the strategic ambitions for Central Geelong’s continued urban renewal.

The mixed-use project would replace an existing low-rise commercial building and surface parking area on the 3,320 sqm corner site. FK’s urban context report describes the proposal as a residential development comprising apartments, resident amenities, commercial space, and integrated landscaping positioned to maximise bay views and northern sunlight access.

Renders show a deeply articulated tower with curved balconies stepping above a lower masonry podium that frames a landscaped forecourt facing Mercer Street. The design intentionally preserves sightlines toward the adjacent church buildings, with the podium scaled to reinforce the heritage edge before the tower recedes upward.

<img alt="First look: Morphy Birrell Property Group targets 25-storey Geelong tower beside landmark church precinct" data-entity-type="file" data-entity-uuid="2bdca91e-66f7-4ac7-8baa-2f93bd5b564e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/geelong%20site.png?VersionId=QOhbino4ZgzKYw5dW3QE14E.2yq.Sv87" />

The planning report highlights the site’s strategic location within 400 metres of key Geelong destinations including Cunningham Pier, the Geelong Station precinct, Deakin University, and the convention centre. Bus services run directly along Mercer Street, while the Corio Bay foreshore sits around 100 metres north of the site.

The proposal arrives amid accelerating redevelopment across central Geelong, where planning policy continues to encourage higher-density housing close to transport infrastructure and the waterfront. Mercer Street in particular has emerged as a focal point for taller apartment development due to its proximity to Geelong Station, the bay, and major civic infrastructure.

Joel Robinson

Morphy Birrell Property Group targets 25-storey Geelong tower beside landmark church precinct

Development giant&nbsp;<a href="https://www.apartments.com.au/developers/hamton">Hamton</a> and joint venture partner Hostplus have revealed the next residential stage of their $3 billion Moonee Valley Park masterplan, lodging plans for 512 more apartments within the precinct on surplus racecourse land at 110 Wilson Street, Moonee Ponds.

The proposed development, dubbed&nbsp;<a href="https://www.apartments.com.au/new-apartments/trackside-house-110-wilson-street-moonee-ponds-vic-3039">Trackside Gardens</a>&nbsp;in the planning application, follows the <a href="https://www.apartments.com.au/news/vic/first-look-exclusive-hamton-and-hostplus-reveal-sixth-stage-of-moonee-valley-park-masterplan">recent unveiling of the sixth-stage Cox Place Precinct</a> and continues the long-running transformation of the Moonee Valley Racecourse into one of Melbourne’s largest urban renewal projects.

Positioned on the north-eastern edge of the racecourse adjacent to CityLink, Trackside Gardens will comprise three residential buildings rising between 61.8 metres and 86.4 metres within a heavily landscaped precinct shaped by Hamton’s Nature Based Cities framework.

The project forms part of the broader Moonee Valley Park redevelopment being delivered by Hamton, Hostplus and the Moonee Valley Racing Club, which is reshaping the 40-hectare racecourse site into a mixed-use neighbourhood with housing, retail, commercial space, hotels, parkland and community infrastructure.

Trackside Gardens sits separately to the recently proposed Cox Place Precinct, a five-building stage comprising around 1,100 residences, two build-to-rent buildings, two build-to-sell towers, retail, office space, and a hotel overlooking the racetrack. Together, the projects continue to accelerate housing delivery across the precinct.

<img alt="First look: Hamton expands Moonee Valley Park masterplan with 512-home Trackside Gardens precinct" data-entity-type="file" data-entity-uuid="5fc1941e-52d3-41c6-abc4-0f13fe8ae5ea" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/DA%20Edits%20%281%29.png?VersionId=7qwRHq5dcvXWNot2hNOgoQhN2GIWudNK" />

Designed by <a href="https://www.apartments.com.au/architects/dko-architecture">DKO Architecture</a> with landscape architecture by Tract, Trackside Gardens has been conceived as a botanical-style residential precinct prioritising canopy planting, communal green space, and vertical landscaping.

“The architectural vision for the proposed development centres around buildings in a botanical park setting that champions the important role of nature,” the planning submission states.

“The proposal incorporates principles of biophilic design, with landscape and environmentally sustainable development influencing the ultimate design response of the buildings and prioritising the ground plane to ensure a high amenity for both occupants and visitors.”&nbsp;

Trackside Gardens will deliver 512 apartments across the three buildings, alongside 518 basement car spaces and 523 bicycle spaces. Around 20 per cent affordable housing is proposed across the broader North East Precinct, equating to around 158 dwellings.&nbsp;

The affordable housing component will be concentrated within the Wilson East building, while the remaining apartments are expected to be delivered as build-to-sell residences.

Trackside Gardens has been designed around Hamton’s Nature Based Cities initiative, founded by Executive Chair Paul Hameister OAM in partnership with the University of Melbourne, Urbis, Ark Resources and Tract. The initiative promotes integrating higher-density urban development with significant biodiversity, tree canopy and landscape outcomes.

<img alt="First look: Hamton expands Moonee Valley Park masterplan with 512-home Trackside Gardens precinct" data-entity-type="file" data-entity-uuid="89353449-7b3c-42fd-8fd8-8bf64a5ef80f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Article%20Feature%20Image%20%28Grid%29_4.png?VersionId=X8jRt0P2L7fIWjLhfX6gPknXToXIBeLj" />

A comprehensive landscape strategy would introduce deep soil planting, vertical greening, communal gardens, and new pedestrian links throughout the site.

Planning documents state the development is targeting a 5 Star Green Star Buildings rating, a 7.5-star average NatHERS rating, and “Exemplary” Nature Based Cities certification.&nbsp;

The proposal joins an expanding pipeline of approved and proposed buildings within Moonee Valley Park, including the recently launched Eveline apartments and the approved Grandstand North and South towers.

Hamton has increasingly focused on precinct-scale, nature-led communities across Melbourne’s middle-ring suburbs, with projects spanning Hawthorn, Kew, and Moonee Ponds.

Hampton unveils Trackside Gardens, latest stage of $3 billion Moonee Valley Park masterplan

The Paul Gedoun-led <a href="https://www.apartments.com.au/developers/ss-projects">S&amp;S Group</a> has achieved another milestone in its $1 billion transformation of Rainbow Bay on the southern Gold Coast with the completion of the company’s third project in four years, the $160 million <a href="https://www.apartments.com.au/buildings/esprit-217-227-boundary-street-coolangatta-qld-4225">Esprit</a> residences.

Delivered by <a href="https://www.apartments.com.au/builders/hutchinson-builders">Hutchinson Builders</a> and designed by <a href="https://www.apartments.com.au/architects/cottee-parker-architects">Cottee Parker Architects</a>, Esprit buyers have now moved into the 94 apartments across two interconnected buildings at 217-227 Boundary Street.

The successful settlement of Esprit marks another astounding chapter in the S&amp;S story, which launched its highly successful Flow apartments three years ago and created its own ultra-luxury branded fingerprint on an area craving new luxury residences.

Most early purchasers have secured gains of well over $1 million since the project launched in 2021.&nbsp;

[smartcode_project:default project_id=102921 project_image_fid=172129]

S&amp;S Projects Founding Director Paul Gedoun said the completion of Esprit reflects sustained demand for premium apartments in tightly held coastal locations.&nbsp; 
&nbsp;&nbsp; &nbsp; 
“Esprit has attracted buyers seeking a combination of quality design, considered amenity and a location that is becoming increasingly difficult to replicate,” said Gedoun.

“We identified some years ago that Rainbow Bay is a unique market where supply of luxury residences is limited, and we see the settlements in Esprit further underpinning this thinking - that for both owner-occupiers and investors.”&nbsp;

[smartcode_project:default project_id=102921 project_image_fid=172174]

A key feature of the development is ‘Club Esprit’, a 1,000sqm residents-only rooftop level combining wellness and recreation, believed to be a first for the Gold Coast, and which is fast becoming a signature of the S&amp;S brand.

Positioned to capture views across Snapper Rocks, Rainbow Bay and the Tweed River, the rooftop includes a 25-metre lap pool, gym, yoga lawn, sauna and steam facilities, ice bath, private dining spaces, outdoor cinema and landscaped areas for residents.&nbsp;

<a href="https://www.apartments.com.au/project-marketer/pezet-matheson">Pezet Matheson</a> Director Jayde Pezet, who led the sales campaign for Esprit and S&amp;S’s Flow and Awaken apartments, said the project’s performance reflects both the strength of the product and the depth of demand for premium apartments on the southern Gold Coast.&nbsp;

“In some cases, we’ve seen values double since launch, which is a clear reflection of how tightly held Rainbow Bay has become and the level of demand for well-executed projects in this market,” said Pezet.&nbsp;

“Buyers recognised early what S&amp;S Projects was delivering here, and that conviction has been rewarded as the project has progressed towards completion.”&nbsp;

[smartcode_project:default project_id=102921 project_image_fid=214819]

Esprit offers a mix of two- three and four-bedroom apartments and sits within walking distance of the beachfront, cafés and local amenities, reinforcing its appeal as both a lifestyle and investment destination.

The project is the third completed by S&amp;S Projects in Rainbow Bay, following Flow Residences and Awaken Residences, which together have contributed to the suburb’s emergence as one of the Gold Coast’s most sought-after coastal pockets. &nbsp;

S&amp;S Projects is continuing its investment in the area with Radia, a $215 million development currently under construction.&nbsp;

[smartcode_project:default project_id=102921 project_image_fid=172175]

Gedoun said the completion of Esprit signals continued confidence in the southern Gold Coast market.&nbsp;

“We’ve seen strong interest in well-located, high-quality apartments, particularly in areas where future development opportunities are limited."

“That’s been a key factor in the performance of Esprit and the broader Rainbow Bay market”.

[smartcode_project_cta:default project_id=102921]

Owners move in as Esprit completes at Rainbow Bay

Few developers can boast a portfolio across South East Queensland's luxury markets quite like <a href="https://www.apartments.com.au/developers/mosaic-property-group">Mosaic Property Group</a>.

The builder-developer, founded in 2004 by Managing Director Brook Monahan, has projects in planning, on the market, and under construction, from Burleigh Heads and Broadbeach to Kangaroo Point and South Brisbane.

With a pipeline exceeding $2 billion, Mosaic remains highly selective when it comes to development sites, having spent years refining its strategy around feasibility research and product planning. The group is set to continue growing into 2026 and beyond.

In Brisbane, Mosaic currently has three projects in the market. It is in the final release stage at <a href="https://www.apartments.com.au/new-apartments/the-bedford-by-mosaic-16-30-prospect-street-kangaroo-point-qld-4169">The Bedford</a> in Kangaroo Point, which is approaching complete sellout ahead of its late 2027 completion.

[smartcode_project:default project_id=134792 project_image_fid=328123]

Designed in collaboration with <a href="https://www.apartments.com.au/architects/bda-architecture">BDA Architecture</a>, The Bedford comprises 128 two- and three-bedroom residences. A selection of ultra-luxury Masterpiece Series Skyhomes, positioned across the top levels, offer expansive floor plans and sweeping views of the river and city.

High-end inclusions, such as natural stone benchtops, bespoke cabinetry, and Miele appliances, feature throughout all apartments, alongside the Rooftop Recreation &amp; Retreat Sky Terrace. This includes a resort-style pool with sun deck and loungers, spa, cold plunge pool, sauna, steam room, private dining room with a full kitchen, residents' lounge, multiple barbeque and relaxation zones, an outdoor viewing deck, and landscaped gardens with water features, all oriented to sweeping city and river views.

A gym with indoor and outdoor zones, and a golf simulator, further enhances recreational choice within the building.

[smartcode_project:default project_id=134792 project_image_fid=328119]

A defining feature of the development is its integrated mixed-use component, which will deliver Kangaroo Point's first major supermarket, alongside a café and liquor store, bringing long-awaited convenience to the peninsula.

Monahan says The Bedford represents the culmination of a near-decade-long journey, after first identifying the A-grade Prospect Street site in 2016. While they came close to acquiring it at the time, the site was ultimately purchased by Woolworths' development arm, Fabcot. The opportunity resurfaced in 2024 when the site, vacant for nearly three decades, was brought back to market.

Monahan says Mosaic projects often begin years before any formal plans are drawn. Their new South Brisbane development is no exception, with the site first earmarked in 2018.

"We aren't opportunistic," Monahan says. "Every site purchase is carefully considered. As seen with Kangaroo Point and South Brisbane, it can take years to eventuate. There are sites we're looking at now that we may not secure for several years."

[smartcode_project:default project_id=141711 project_image_fid=353495]

A similar story unfolded at <a href="https://www.apartments.com.au/new-apartments/the-carter-by-mosaic-77-linton-street-kangaroo-point-qld-4169">The Carter</a> in Kangaroo Point, opposite The Gabba. Like The Bedford, it is also approaching sellout of its 125 two- and three-bedroom apartments. The majority of sales are attributed to returning customers and referrals, with a balanced mix of investors and a strong majority of owner-occupiers.

BDA Architecture was again engaged to design the 22-storey building, which will feature a suite of wellness and lifestyle amenities, including a golf simulator and cinema, a commercial-grade gym, and a rooftop recreation level with a pool, steam room, sauna, cold plunge, teppanyaki bar, private dining spaces, and landscaped terraces.

Construction is on track for completion in mid-2027.

[smartcode_project:default project_id=151614 project_image_fid=362759]

Mosaic's latest offering is its most ambitious yet, boasting a rare, north-facing riverfront position on Montague Road in South Brisbane.

<a href="https://www.apartments.com.au/new-apartments/the-riversdale-by-mosaic-south-brisbane-91-montague-road-south-brisbane-qld-4101">The Riversdale by Mosaic</a> is a 39-storey tower comprising just over 200 residences and Masterpiece Series Sky Homes. Designed in partnership with Bureau Proberts, it will feature nearly 3,000 sqm of genuine, internationally benchmarked six-star, hotel-style amenities, including a wellness precinct, pool, gym, massage and treatment rooms, cinema, golf simulator, and extensive outdoor dining areas across a two-level rooftop deck.

Early works are underway, with full construction expected to commence in the second half of 2026, and an anticipated late 2029 completion.

[smartcode_project:default project_id=151614 project_image_fid=362759]

Since 2012 alone, Mosaic has completed more than $2 billion in projects and is set to deliver another $2 billion worth of developments, comprising hundreds of luxury apartments, each defined by Mosaic's signature standards of quality, detail, and delivery.

"We never arrive, there is no finish line," says Monahan. "Our ambition is to keep evolving what luxury means, creating design- and lifestyle-led residences in incredible locations, places people genuinely aspire to and want to live, homes that are loved deeply and endure long beyond their moment."

Mosaic's Midas Touch

<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. 
&nbsp; 
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] 
&nbsp; 
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. 
&nbsp; 
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] 
&nbsp; 
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." 
&nbsp; 
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. 
&nbsp; 
"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] 
&nbsp; 
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. 
&nbsp; 
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]

Groundbreaking marks start of construction at Keira Place in Wollongong CBD

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.

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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.

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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.

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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.

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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?

A collection of exclusive half-floor and full-floor apartments will rise from the picturesque beachfront address of 96 The Esplanade, delivered by innovative developer Forme and meticulously designed by internationally acclaimed architect Koichi Takada, and award-winning interior design firm Mim Design.&nbsp;

Take a look at our recent video tour:

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<h2>SEA AT A GLANCE</h2>

Address:&nbsp;96 The Esplanade, Burleigh Heads QLD 4220 
Developer:&nbsp;Forme 
Architect:&nbsp;Koichi Takada Architects

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Forme, are an innovative development company with a sound reputation underpinned by experience, having already completed two of the fastest-selling developments in Burleigh Heads - Norfolk and Luna.&nbsp;

Sea's organic form is inspired by the ripples of the ocean's surface, with the foyer presenting smooth curves and a soaring cylindrical void adding a sense of hotel-style opulence. Pastel hues of green and blue complement foundation tones of alabaster, ecru and oyster grey, taking expressive cues from the beachfront landscape.

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Each residence is positioned to capture summer sunrises, maximise natural light, and showcase sweeping vistas of the foreshore parklands and pristine beachfront.&nbsp;

Considered layouts and curated spaces blur boundaries between inside and out as open living spaces interact seamlessly with exclusive oceanfront balconies.&nbsp;

Culinary spaces feature state-of-the-art V-Zug appliances, honed natural stone surfaces, custom VJ panelled joinery, and an integrated wine bar.&nbsp;

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Sea's commitment to elevated luxury extends to a full suite of exclusive in-house amenities including a gym, pool, ice baths and sauna.

Minutes from Sea is a range of eclectic boutiques, renowned cafes, relaxed rooftop bars, and renowned oceanfront dining venues.&nbsp;

The coastline connects with the lush rainforest of Burleigh Heads National Park with plenty of hiking trails to explore.

Enquire via Urban to learn more about securing a residence at Sea, Burleigh Heads.

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Olivia Round

Apartment Spotlight Video: Sea by Forme at 96 The Esplanade, Burleigh Heads

Colliers Residential Victoria has been appointed by Lendlease as the master agent for its Melbourne Quarter East Tower, the largest apartment tower ever developed and constructed by Lendlease.

Located at 628 Flinders Street in Docklands, at Lendlease&rsquo;s $3 billion Melbourne Quarter precinct, the 40-storey tower is designed by renowned architects Fender Katsalidis, and developed by a joint venture of Lendlease and Mitsubishi Estate Asia. East Tower was completed in mid-2020.

&ldquo;Offering expansive views of the Melbourne CBD, Port Philip Bay and the Yarra River, as well as resort-style amenities across three floors, Melbourne Quarter East Tower is home to 719 one, two and three bedroom apartments,&rdquo; Brett Griffith, Colliers&rsquo; Director of Residential, said.

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East Tower is part of the vibrant Melbourne Quarter precinct situated between Collins and Flinders Streets and encompasses world-class design and stylish city living together with commercial buildings, dining, shopping and green spaces.

Renowned architects Fender Katsalidis, Denton Corker Marshall, Woods Bagot and John Wardle Architects, joined forces with urban design specialists Aspect Oculus, to create the landmark development.

East Tower redefines urban living with sweeping views, a neighbourhood park and a host of retail amenities, all right at its doorstep.

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&ldquo;With an unrivalled location next to Melbourne&rsquo;s main transport hub, Southern Cross Station, an apartment at Melbourne Quarter East Tower makes the entire city your home,&rdquo; Griffith said.

&ldquo;As an East Tower resident, you&rsquo;ll also enjoy exclusive access to three floors of resort-style amenities at&nbsp;Club MQ. From private dining spaces with fully-equipped kitchens, to a resident&rsquo;s lounge and a private theatrette, these exclusive areas are perfect places to socialise, collaborate or escape to.

&ldquo;Residents can keep in shape with access to gym facilities, including a private wellness space, a spa and sauna, plus a 25 metre indoor swimming pool. &ldquo;

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From high-rise &lsquo;Skyhomes&rsquo; with panoramic city or bay views, to boutique apartments overlooking the green oasis below, East Tower at Melbourne Quarter maximises views and natural light.

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From high-rise ‘Skyhomes’ with panoramic city or bay views, to boutique apartments overlooking the green oasis below, East Tower at Melbourne Quarter maximises views and natural light

Lendlease appoint Colliers to market Melbourne Quarter East Tower

The Brisbane unit market was the best performing across every capital of February, according to CoreLogic&#39;s&nbsp;Monthly Hedonic Home Value Index.

Values jumped 1.5%, following the 1.4%&nbsp;gains over January. Values are now 2.9% up over 2022 already, well on their way to matching the 14.4% growth over 2021,&nbsp;

The quarterly performance, up 4.5%, is the highest in the country for the unit market.

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The median apartment value in Brisbane is now $468,393. At the start of 2021, it was just over $390,000.

Recent figures from PRD Research suggest price growth will continue. PRD calculate the&nbsp;the inner median unit price sits at $530,000. The middle is $467,000. The outer median sits at $397,000.

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&quot;The outer-ring provides affordability for first home buyers and is also the fastest growing,&quot; the report noted.

&quot;Buyers must be quick to secure their property.&quot;

&quot;There is a revival in the unit market after a period of price discounting in mid-2020.&quot;

Mosaic Property Founder and Managing Director Brook Monahan recently told Urban that he believes Brisbane apartment market has the most potential for growth in Queensland.

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&quot;There&#39;s just not enough high quality built form for owner occupiers wanting bigger units, and world class amenity, in the five kilometre ring around Brisbane,&quot; Monahan said, suggesting there&#39;s been a chronic undersupply for that type of buyer&nbsp;since around 2018.

&quot;That issue is getting worse, not better, with the amount of people still moving to Brisbane,&quot; Monahan added.

The quarterly performance, up 4.5%, is the highest in the country for the unit market

What happened to Brisbane apartment values over February?

Melbourne apartment values bounced back from a decline across January, posting 0.1 per cent gains in February, CoreLogic&#39;s Monthly Hedonic Home Value Index showed.

The growth outstripped houses, which were flat across the month.

Apartment values across Melbourne rose seven per cent over 2021, which was the lowest growth across all major capitals, namely due to the extended lockdowns Victorian&#39;s faced.

Overseas arrivals and seasonal rental market strength have given a shot in the arm to the rental market, which has been more apparent in the unit market.

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CoreLogic&#39;s Head of Research Tim&nbsp;Lawless says the&nbsp;stronger trend in unit rents is most visible in Sydney and Melbourne.

&ldquo;Anecdotally, demand for unit rentals in these cities has been bolstered by a combination of worsening rental affordability deflecting more demand towards the higher density sector, where rents tend to be lower, and demand starting to return from overseas arrivals,&rdquo; Lawless&nbsp;said.

With the pace of growth in housing values softening while rental growth holds reasonably firm, the gross yield profile has finally stabilised at 3.2%, the lowest rate on record. Sydney (2.4%) and Melbourne (2.8%), which have the lowest yield profiles, recorded a slight strengthening in gross yields this month, as rental growth nudges higher than growth in housing values.

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Lawless believes&nbsp;we could be seeing rental yields moving through the bottom of their cycle.

&ldquo;After several years of yield compression where gross rental yields reached historic lows across most of Australia&rsquo;s capital cities, we are finally seeing early evidence of yield repair. If rents continue to rise faster than housing values, which is a strong possibility in Sydney and Melbourne, yields will continue to improve.

&ldquo;Cities such as Brisbane and Adelaide, where housing values are still consistently rising faster than rents, are likely to see yields compress to new record lows.

&quot;Despite the downwards trend, yields in these cities remain well above Sydney and Melbourne levels,&rdquo; Lawless said.

&nbsp;

Apartment values across Melbourne rose seven per cent over 2021, which was the lowest growth across all major capitals, namely due to the extended lockdowns Victorian's faced

What happened to Melbourne apartment values in February?

In a move that will redefine art and culture for young people within Australia, France’s globally revered art and culture institution, Centre Pompidou, will join forces with STH BNK By Beulah to invent a unique venue in Melbourne for art lovers from toddlers, to teens and beyond.

Centre Pompidou is an architectural icon of the 20th century and is one of the most frequented cultural monuments in the world with more than three million visits a year pre-pandemic.

Following a long assessment by Beulah of some of the world’s most recognised art institutions, Centre Pompidou was chosen as its cultural partner due to a shared vision of creating cultural programs for audiences - particularly young ones - all over the world, while remaining deeply rooted in the city and being open to innovation.

Signalling the commencement of a long-term journey to ultimately create a unique offering of global importance for the Southbank area, Melbourne and beyond, the partnership will see Centre Pompidou bring its world-class expertise to contribute to programming exhibitions, workshops and cultural events for young people via 3,000 sqm of dedicated gallery space within STH BNK By Beulah.

The envisioned initiative, in close partnership with Beulah and local stakeholders, seeks to create stimulating bonds with the Australian contemporary scene, for the benefit of the STH BNK By Beulah residents and occupants, visitors and the wider City of Melbourne.

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Beulah Executive Director Adelene Teh, says Centre Pompidou will play a pivotal role in STH BNK By Beulah’s cultural strategy of exploring how future expressions of art and culture can inspire, challenge and enrich our daily life.

“We want to invite residents and visitors to open their minds and their preconceptions of the roles of the arts, wellness, sustainability and technology in their lives to transform future living," Teh says.

“In addition to expressions of the future, our cultural strategy will also explore Australia’s heritage and provide a platform that is incredibly diverse and inclusive."

The cultural partnership, curated by Futurecity, comes at the perfect time with Southbank’s planned arts precinct redevelopment currently underway, which has seen over $1.7 billion poured into the project by the Victorian Government.

One of the towers in STH BNK By&nbsp;Beulah&nbsp;will become Australia’s tallest building.&nbsp;There will be two towers at the&nbsp;City Road&nbsp;address, one rising 102 storeys, some&nbsp;366 metres in to the sky. There will be around 449 apartments across the two towers, as well as a hotel, commercial, and retail space.

The $2.7 billion mixed-use development, will also have its own Private Auto Club,&nbsp;Australia’s first-of-its-kind Private Auto Club.

The STH BNK Auto Club will give residents the opportunity to use the fleet of luxury vehicles,&nbsp;from&nbsp;BMWs and Teslas to Porches and Range Rovers.

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Centre Pompidou is an architectural icon of the 20th century and is one of the most frequented cultural monuments in the world with more than three million visits a year pre-pandemic.

STH BNK by Beulah to home innovative cultural centre alongside France’s iconic Centre Pompidou

It&#39;s taken just three months for the newly completed Croydon apartment development, L1ON Croydon, to nearly sell all of its apartment.

The boutique development at 1 Lion Street, Croydon, in Sydney&#39;s inner-west, has just 35 apartments in the two buildings designed by Benson McCormack Architects.

The one, two and three-bedroom apartments have primarily been a hit with local first home buyers, as well as local&nbsp;owner-occupiers who took advantage of the dual-level apartments.

The project has been&nbsp;built and developed by construction veterans and property developers Hone Constructions, who have&nbsp;over 15 years&#39; experience in the property industry.

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&nbsp;

Alexander Vrisakis, director at HAUS Agency who has been handling the sales process, said the location of&nbsp;L1ON Croydon was a strong driver in purchasing.

&ldquo;We know that Croydon is a wonderful location, just 20 minutes from the CBD, and buyers that have been eager to secure their first home somewhere that makes commuting to work easy,&rdquo; Vrisakis said.

L1ON&nbsp;Croydon is close to both Ashfield and Croydon train stations, and is also well connected to the CBD by the extensive bus network. It sits within close proximity to&nbsp;parks, sports and aquatic centres, as well as public and private schools like PLC Sydney and De La Salle College Ashfield.

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Residents are also close to shopping centres like Westfield Burwood and Ashfield Mall, plus all the eateries, cafes and bars of nearby Haberfield and Burwood.

L1ON&nbsp;Croydon apartments are kitted out with&nbsp;Fisher &amp; Paykel appliances, engineered European oak flooring, Caesarstone kitchen benchtops and bespoke blinds and LED lighting throughout.

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HAUS Agency Director Sean Dowling said it&#39;s rare to find such high-quality apartments that are untouched and available to purchase now.

&ldquo;We&rsquo;ve seen solid results, with a big draw card being the fact that the development completed on 1st&nbsp;February *and is ready to move in now,&quot; Dowling said.

&nbsp;

One-bedroom apartments at L1ON&nbsp;Croydon&nbsp;are priced from $730,000.

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The one, two and three-bedroom apartments have primarily been a hit with local first home buyers, as well as local owner-occupiers who took advantage of the dual-level apartments

L1ON Croydon apartments snatch local first home buyers as sell-out approaches

Infinity, the Bassar Construction Group-developed apartment tower in the heart of Broadbeach, is the&nbsp;latest luxury project to sell out in the booming Gold Coast suburb.

The 62-apartment project at 33 Surf Parade was Bassar&#39;s first on the Gold Coast, having previously developed across New South Wales, Melbourne and Canberra.

There&#39;s been an immediate success for buyers, nearly a year before construction is estimated to conclude.

Leo Sarris, who heads up Bassar alongside Simon Bassil, said the project had held its own despite the many challenges thrown at them over the past two years.

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&quot;We faced unprecedented challenges when COVID first hit, but once the market understood that we were committed to building Infinity they supported us,&quot; Sarris said.

The majority of sales happened within the first six months of COVID when the world was locking down buy we stayed the course, there was no turning back for us,&quot; Sarris added.

Kollosche New Projects agent Andrew Ramsey, who secured the final sale, a $4,478,000, full-floor apartment to a Melbourne-buyer, said buyer success has been immediate.

&quot;The people who took advantage of Infinity early have done extremely&nbsp;well,&quot; Ramsey said.

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&quot;The value&nbsp;of those apartments has increased considerably - up to 40 per cent - but none are willing to sell because there isn&#39;t anything comparable to buy.

&quot;Even if you could find it, you&#39;d be waiting another two years for newer projects coming to market to reach this stage.&quot;

Hutchinson Builders are currently constructing the 39-level,&nbsp;residential-only building, complete with a 20-metre pool, gymnasium, function room and cafe.

Designed by Gold Coast architects BDA Group, Infinity sits within a short walk of the beach, the Star Casino, Pacific Fair Shopping Centre and Broadbeach Light Rail station.

The 62-apartment project at 33 Surf Parade was Bassar's first on the Gold Coast, having previously developed across New South Wales, Melbourne and Canberra.

Bassar Construction Group sell out Infinity, Broadbeach apartments

Issues affecting the off the plan property market are being reviewed by the Victorian Government. 

To obtain insights into the current state of the property market, the Hon. Melissa Horne MP, Minister for Consumer Affairs has commissioned a Property Market Review.

This review is looking for ways to improve property market laws by gaining insights from members of the public, businesses and other stakeholders on how the current laws can be improved.

A Property Market Consultation Paper has been developed by the Review Panel to assist the consultation process and identifies what the Panel believe to be some of the most pressing issues.

The review will look at what are the problems faced by consumers in respect to off-the-plan and house and land package purchases.

It noted the contracts are complex and can be over a hundred pages long. 

It further noted the contract is with the developer who in turn has a contract with the builder and it may be difficult to hold the developer to account for building defects.

It also noted the completion date for the build can be delayed resulting in additional and unexpected costs for the purchaser.

There are also issues for purchasers about the potential future financial liabilities for off-the-plan sales. 

Purchasers are often unaware about the estimated future costs associated with the property following the plan of subdivision, including rates, charges and owners corporation fees. A vendor will be unable to provide accurate figures before a plan of subdivision has been registered.

For house and land packages, similar issues arise including delays and circumstances changing between the signing of the contract and completion of the build.

Government regulation of off-the-plan sales has recognised these issues and specific provisions in the Sale of Land Act seek to protect purchasers, but the terms of reference for the review seek to explore whether further reform is required to ensure the current framework for house and land packages and off-the-plan sales provide sufficient consumer protection.

The papers lists 15 key questions for stakeholders to consider:

1) What reflections do you have on the challenges related to off-the-plan sales? Is there additional context or evidence that supports the nature or extent of the challenges highlighted?

2) What mechanisms are needed to alleviate the risks that arise during a development?

3) Should there be a requirement for designated key information to be provided in an easily accessible format?

4) Should purchasers be required to obtain legal advice prior to entering into an off-the-plan contract?

5) Should vendors be required to provide additional detailed information in the warning notice about potential changes to the lot, materials and appliances?

6) Is requiring purchasers to acknowledge they have read and understood the warning notice concerning the risks of entering into an off-the-plan sales contract a suitable and/or alternative to requiring independent legal advice being sought? What is the cost of such legal advice?

7) Are prospective purchasers sufficiently informed about reasonable cost estimates (e.g. owners corporation fees)?

8) Should vendors be required to specify details of brand/model of appliances, finishes or equivalents that may be used in the sales contract?

9) Should vendors be required to provide written notice to purchasers prior to settlement when substitutions have been made during the build and where appropriate for these to be included as a contract variation?

10) Should government prohibit specific representations as to future events being made where those matters are subject to future decisions by government or others?

11) Should vendors be required to notify purchasers of delays to completion of building projects in off the plan contracts? What should trigger the requirement and what is an appropriate timeframe?

12) Should delay or other reasons be a specified ground for recission of the contract by the purchaser? In what circumstances might this be appropriate? Should additional grounds for purchasers to rescind the contract based on delay be specified in the Sale of Land Act?

13) Should government provide guidance examples of what could constitute material changes?

14) Are there additional solutions to managing potential development delays for vendors and purchasers?

15) Are there other key issues or possible improvements other than further disclosure that the panel should consider? What would their impact be? How can government best give effect to them?

Submissions can be made at https://engage.vic.gov.au/property-market-review

The review seeks to explore whether further reform is required to ensure the current framework for house and land packages and off-the-plan sales provide sufficient consumer protection.


jchancellor-FAypfDUnLy

15 questions being asked by the Victorian government into off the plan sales industry

The AU, a luxury apartment development situated across from Surfers Paradise Beach, is the first apartment development on the Gold Coast with interiors and common spaces by the interior design legend Greg Natale.

The Sydney-based Natale, who has clients all over the world, counts&nbsp;Hamilton Island House, on the exclusive Great Barrier Reef island,&nbsp;and&nbsp;Dawes Point House in Sydney, as some of his local work in his vast portfolio.

No designer has truly made it without New York City on their portfolio. Natale has previously designed a luxe apartment in&nbsp;Midtown Manhattan, and also a country house in Oklahoma in the Midwest of the USA.

The multi-award-winning Australian designer, who is known for his masterly use of pattern and colour, and his bold application of both in creating tailored, curated and sophisticated spaces, fit&nbsp;the bill for ASF Group,&nbsp;the developer behind The AU.

[smartcode_project:default project_id=6762 project_image_fid=187220]

ASF Group&#39;s brief to Natale was to create&nbsp;something very layered, with a strong European influence.

&quot;I opted for a light palette with French Deco influence so that the owners could add personality to the spaces with furniture and art,&quot; Natale told Urban.

Rather than drawing inspiration from previous projects, Natale drew from the French Deco era for the interior design, inspired by French Deco motifs and finishes, crafting each space to harmoniously exist with the rest of the building&rsquo;s form.

[smartcode_project:default project_id=6762 project_image_fid=191126]

&ldquo;The shared spaces have an elevated, polished and formal feeling which is a nice contrast to the beachside location. I worked with the organic, curvy nature of the architecture of the building and used curves and repeat circle motifs in my design,&rdquo; he said.

&quot;I love the European feel of the spaces right on this iconic beachfront location, and a favourite feature is the light and airy feel of the apartments.&quot;

[smartcode_project:default project_id=6762 project_image_fid=190821]

There are just 12 whole-floor apartments and 2 three-storey penthouses in the striking 19-level building, which features a facade made almost entirely of golden class. One of the five-bedroom penthouses with its own indoor-outdoor pool has already been snapped up for nearly $9 million.

The full-floor apartments start from 255 sqm and have four bedrooms, all with accompanying bathrooms, kitchens with natural stone bench tops, and an open-plan living and dining areas and a 14-metre-long balcony that faces the beach. Luxury starts immediately, with a private lift entry for residents.

[smartcode_project:default project_id=6762 project_image_fid=187246]

The resident amenity is located on&nbsp;the&nbsp;podium level, with a gym and residents&#39; lounge space, which sit beside the infinity pool that looks out across the sand and ocean.

The podium level also features a barbecue and dining facilities, along with a sauna, ideal for unwinding after a few laps in the pool.

[smartcode_project_cta: project_id=6762]

ASF Group's brief to Natale was to create something very layered, with a strong European influence

How the French Art Deco influence inspired Greg Natale's design of The AU, Surfer Paradise apartments

With its cascading entrance, soaring lines and integrated greenery, Akin makes a striking addition to the South Brisbane streetscape.

Soaring 30-storeys above one of Brisbane’s most sought-after precincts, the Merivale Street site straddles the urban environment of West End and the artistic, educational and commercial hub of South Bank.

[smartcode_project:default project_id=27815 project_image_fid=185118]

Designed by DBI Architects, Akin offers a diverse selection of one, two, three, and four-bedroom apartments, along with sub penthouses and penthouses boasting world-class design with intuitively integrated smart home functionality.

Five-star amenities like the resident’s lobby, business hub, rooftop terrace, gym, resort pool, wellness centre and outdoor dining all help to create a sense of resort-style living within the residences.

[smartcode_project:default project_id=27815 project_image_fid=185117]

Tallis Property Group noted the location of the development as the main influence on the outcome of the building artwork.

“The nexus between old and new, residential and commercial, work and play. In other words, the linking of contrasts," the team suggest.

“The result has evolved out of a process of collaboration with the architect and understanding how the building is to engage with the resident and the pedestrian alike.”

The developers said the scale of the building was integral to achieving their vision and creating an iconic building in Brisbane's South.&nbsp;

[smartcode_project:default project_id=27815 project_image_fid=185115]

“Key to the work are the street level finishes, which, through tactility, richness of colour and sculptural materiality, activates the artwork, and kerbside on a pedestrian level. This materiality welcomes and encourages viewer investigation and involvement with the work.”

The street facade is an abstract landscape of contrasting shapes and undulations, utilising the light filtering through from day-to-day to add to the grandeur of the build. Concrete facades give the form a raw quality, while the introduction of greenery illustrates a contrast, furthermore, presenting the vision of the developers.

To the right of the main building, moss green tiles of a human scale create a textured wall, while also delineating the main built form. On the eastern side of the residential building the moss green tiles continue, where a third scale is introduced for a third artwork opportunity.

[smartcode_project:default project_id=27815 project_image_fid=185113]

Five configurations of two, three and four-bedroom residences are still available in the development, with the Sky-Home stage of the project released at the start of the year.

Construction is expected to be completed on the project by 2023.

[smartcode_project_cta: project_id=27815]

Soaring 30-storeys above one of Brisbane’s most sought-after precincts, the Merivale Street site straddles the urban environment of West End and the artistic, educational and commercial hub of South Bank.



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Morphy Birrell Property Group targets 25-storey Geelong tower beside landmark church precinct

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