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.

[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?

Australia 108 is one of Melbourne&#39;s most well known, and well regarded, buildings.

Having completed construction toward the end of 2020, the striking tower, offering the highest residences in the Southern Hemisphere, was designed by the renowned architecture firm Fender Katsalidis, whose goal was to form a bridge between earth and sky.

Australia 108, on Southbank Boulevard, sits next to Eureka Tower, also talked about as one of&nbsp;Melbourne&#39;s best buildings. That too was&nbsp;designed by the team at Fender Katsalidis.

We recently caught up with&nbsp;Nicky Drobis, Director at&nbsp;Fender&nbsp;Ka​tsalidis, to discuss the design process of Australia 108, and how it came to be.

<div>JR:&nbsp;What was the design brief for Australia 108 from World Class Global?</div>

<div>&nbsp;</div>

<div>ND: For what was their first major project in Melbourne, World Class Global partnered with us to deliver their vision for a landmark residential tower in Southbank. The outcome &ndash; the highest residences in the Southern Hemisphere &ndash; reflects a seven-year aspiration for a building intended to feel like a close-knit community, forming a bridge between earth and sky.</div>

<div>&nbsp;</div>

<div>[smartcode_project:default project_id=582 project_image_fid=182856]</div>

<div>&nbsp;</div>

<div>JR:&nbsp;What interested you about the project?</div>

<div>&nbsp;</div>

<div>ND: We were most interested in connecting people through a neighbourhood streetscape &ndash; but in a vertical sense. Taking a building-as-precinct approach led to offering new way of living for different sizes of families with residents able to share the beautiful space and luxurious amenities with families and friends.</div>

<div>&nbsp;</div>

<div>JR:&nbsp;How early in the design process did you know Australia 108&nbsp;was going to be&nbsp;the tallest apartment tower in the Southern Hemisphere?</div>

<div>&nbsp;</div>

<div>ND: From the outset, World Class Global and our design team envisaged a distinctive landmark building for Melbourne. The aspiration was always to design a supertall tower in excess of 100 floors. Ultimately soaring to 319 metres in height, Australia 108 became the tallest building in Melbourne and the tallest residences in the Southern Hemisphere.</div>

<div>&nbsp;</div>

<div>
<div>[smartcode_project:default project_id=582 project_image_fid=183086]</div>
</div>

<div>&nbsp;</div>

<div>JR:&nbsp;What was the most challenging aspect when designing the tower?</div>

<div>&nbsp;</div>

<div>ND: Whenever approaching something new, especially at such great height, challenges abound. To achieve a build that had never been attempted before in Australia required a lot of innovative thinking and detailed planning. This also presented ample opportunity to develop many new and exciting design and engineering solutions.</div>

<div>
One key consideration was how the structure would cope with tremendous wind speeds of up to 140km/h. To overcome this, the structural stability was bolstered by a super-sized damper tank filled by high-pressure pumps in level 100&rsquo;s subfloor to act as a counterbalance.

Due to local soil conditions, carparking was unable to be placed below ground. We saw an opportunity to create a new typology of open-deck carpark as a series of terraced and interlocking garden beds flanked with large mature palms and cascading foliage.

[smartcode_project:default project_id=582 project_image_fid=182851]

One of the greatest construction challenges we faced was how to assemble the starburst structure which cantilevers 6 metres from the building on all sides at more than 200 metres in the air. Constructed from 24 prefabricated steel trusses, each piece was transported at night to allow truck drivers to safely manoeuvre them into loading areas where they were hoisted and secured into position. Purpose-built platforms allowed workers to safely install the feature, protecting themselves and those on the streets below.

JR: When was the golden starburst idea thought of, and how?

ND: From the genesis of the supertall investigation, the starburst had always played a role as the centrepiece of the design. Inspired by the Commonwealth Star, our vision for the distinctive golden Starburst was as a central connection point.

The golden starburst expression is fundamental to both the building&rsquo;s identity and structural composition; the cantilevered structure intervening with the sculptural building&rsquo;s curvaceous form to create a dramatic exclamation mark in the skyline. Intended as a celebration of community within the building, this civic area was envisaged as the tower&rsquo;s &lsquo;town hall&rsquo; and remote working option above the clouds.

[smartcode_project:default project_id=582 project_image_fid=182857]

JR:&nbsp;How important were the amenities to the design of the building?

ND: Central to building a residential community within a supertall tower was to provide residents with generous communal spaces and a high quality of internal amenity. Australia 108 offers more than 4,000 sqm of internal communal space, including dining and function spaces, theatrettes, gymnasiums and many other spaces which allow for programmed events and social activities. 

The starbust alone accommodates a double-height sky garden and two infinity edge swimming pools.

[smartcode_project:default project_id=582 project_image_fid=182867]

JR:&nbsp;Where did you draw inspiration from for Australia 108?

ND: Standing in dialogue with its neighbour, Eureka Tower, Australia 108&rsquo;s material palette shares a golden connection with its fellow&nbsp;Fender&nbsp;Kat​salidis-design supertall tower. However, an entirely different geometry has been expressed in the floorplate of Australia 108. 

Horizontal banding up the building&rsquo;s exterior amplifies the curvilinear shape of the floorplan. The gradient, which intensifies as it works its way up, draws your eyes upward to celebrate the building&rsquo;s form.

JR: Was there another building, either one you&#39;ve previously worked on, or just another in the world, that helped in the design idea process?

ND: Instantly recognisable, Australia 108&rsquo;s elegant silhouette embodies a strong visual relationship with its skyline partner, Eureka Tower. Australia 108 expresses its distinctive identity, while sharing elements of design language and materiality with Eureka, creating a strong, visually symbiotic relationship.

Australia 108 embodies the essence of the city. Its design pays homage to the cultural arts precinct it resides in, connecting masterfully to the Southbank neighbourhood through its deliberately inviting ground-level experience.

JR:&nbsp;What part of the building are you most proud of?

ND: We are most proud of&nbsp;the creation of such a diverse community across more than 100&nbsp;floors. Despite its enormity, Australia 108 is a building that manages to operate and feel more like close-knit community. 

With Australia 108, we have successfully conceived a vertical community in an era when densification of the city is becoming increasingly critical.

[smartcode_project_cta: project_id=582]
</div>

"From the outset, World Class Global and our design team envisaged a distinctive landmark building for Melbourne. The aspiration was always to design a supertall tower in excess of 100 floors."

"Forming a bridge between earth and sky": How Fender Katsalidis designed Australia 108, the southern hemisphere's tallest apartment tower

Probuild&rsquo;s long-delayed 443 Queen St apartment project in Brisbane was a major contributor to the construction company&rsquo;s failure as costs ran out of control, according to industry insiders.

Huchinson Builders had bid for the project but could not compete with Probuild on the construction tender price.&nbsp;

With an estimated $5 billion in office, residential and infrastructure projects, Probuild had 18 major projects underway when administrator Deloitte Australia was appointed on Wednesday.

Due to its unique design the 443 Queen St tower has been described as a &quot;tropical high rise Queenslander.&quot;

&ldquo;We came second on that job but Probuild were well under us (on price),&rdquo; Hutchinson Builders chairman Scott Hutchinson told Brisbane&#39;s Courier Mail following the rival Probuild going into administration this week.

[smartcode_project:default project_id=6226 project_image_fid=37149]

&ldquo;Costs ran out of control,&quot; Hutchinson speculated.&nbsp;

&quot;Financiers are backing these projects without asking whether they have the balance sheet to complete the jobs.&rdquo;

He said clients also had a role to play ensuring the price of building a project added up for contractors.

&ldquo;The problem is some will want to get a backyard builder to construct the Opera House,&rdquo; Mr Hutchinson said.

Mr Hutchinson said his firm would be interested in taking on incomplete projects but it was too early to make any decisions.

Hutchinson noted that Probuild&rsquo;s South African parent Wilson Bayly Holmes-Ovcon (WBHO) had realised to its peril that the Australian construction industry was one of the toughest in the world to make money.

In a statement to the Johannesburg Stock Exchange on Wednesday, WBHO said the &ldquo;level of risk versus reward&rdquo; in the Australian construction market meant the company would no longer provide financial assistance to Probuild.

[smartcode_project:default project_id=6226 project_image_fid=37089]

Responsibility for the cost blowout of completion of the 47-level apartment tower at 443 Queen Street in the heart of Brisbane&rsquo;s CBD will now be taken up by its developer Cbus Property, which is understood to have approached Melbourne lawyers Arnold Bloch Leibler on Thursday to represent them. 
&nbsp; 
The press reports have suggested the project &quot;may be haemorrhaging as much as $120 million,&quot; The Australian reported.

WBHO blamed, in part, the Australian government&rsquo;s &ldquo;hardline approach of managing Covid-19&rdquo;.

&ldquo;A combination of border restrictions, snap lockdowns and mandatory work-from-home regulations for many sectors, has had a considerable impact on property markets,&rdquo; it said in a statement.&nbsp;

[smartcode_project:default project_id=6226 project_image_fid=37148]

Stronger-than-expected pre-sales for Cbus Property&rsquo;s 443 Queen had seen the construction announcement ahead of schedule in August 2017 with the appointment of &quot;tier 1 firm ProBuild.&quot; There was a 2020 completion schedule.

At the time, more than half of the 264 apartments had been sold as demolition of the office onsite and construction got underway at what was the last riverfront location in the Brisbane central business district.&nbsp;

The 47 storey tower which will include 106 one bedroom, 106 two bedroom and 54 four bedroom apartments saw 52 sales on its November 2016 launch weekend. Prices ranged from $569,000 for a one-bedroom apartment to $3 million for a four-bedroom. The vast majority of buyers were Brisbane owner occupiers, with 10 per cent of buyers from interstate.

By October 2020 when construction had been scheduled for completion, The Courier Mail reported it was only up to level 32 &nbsp;after a &quot;revolving door of Probuild site managers.&quot;

[smartcode_project:default project_id=6226 project_image_fid=37090]

A blunder had seen windows in nine levels pulled out which threw the work sequence out for plumbers, plasterers, tilers and other trades.

COVID-19 restrictions on the three lifts on site allowed only four people at a time instead of the usual 10, so with almost 200 workers on the job, it&rsquo;s taking some of them an hour before their work started.

Probuild wanted the trades to put in longer hours, but ran into opposition from the CFMEU.

There was one crane on site instead of two as the firm sought ways to cut costs.

The development application for the project was lodged with the Brisbane City Council in 2015, with subsequent extensive court delays from neighbours who were set to have their views impacted.

[smartcode_project:default project_id=6226 project_image_fid=37090]

Stronger-than-expected pre-sales for Cbus Property’s 443 Queen saw construction begin ahead of schedule in August 2017

jchancellor-FAypfDUnLy

Hutchinson Builders could seek 443 Queen St, Brisbane construction tender second time around

Meridien has secured approval for its 52 apartment complex at Airlie Beach.

It came after an approval recommendation from council officers for the proposed three and four-storey buildings, designed by Fender Katsalidis.

Whitsunday Regional Council granted &nbsp;approval for the vacant lot on Port Drive to build three apartment blocks.

The plans for a residential and short-stay apartment development at 26-32 Port Drive includes one, two and three-bedroom layouts.

<a href="/new-apartments/airlie-beach-qld-4802"><img alt="" height="584" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-02-25_at_9.10.58_am_0.png" width="990" /></a>

Mayor Andrew Willcox voted in favour of the development.

The council report noted its proposed height was lower there than existing buildings at the Port of Airlie.

The Balmain Group secured permission last year for a 12 storey hotel at 24 Coconut Grove, Airlie Beach.

Whitsunday Regional Council granted  approval for the vacant lot on Port Drive to build three apartment blocks.



Airlie Beach apartment development gets approval

A shortage of multi-unit completions is expected between 2025-32 as household formation is expected to exceed housing supply, the latest State of the Nation report from the government’s expert housing advisers says.

According to the National Housing Finance and Investment Corporation (NHFIC), almost 120,000 detached homes and 66,000 medium-density units will be added to housing stock each year between 2021-22 to 2022-23.

Bu this is the bare minimum needed, the NHFIC State of the Nation’s Housing 2021–22 research report said as the rental market is already tightening, and demand will lift as international borders reopen.

Its expects a strong pipeline of housing supply from now until 2024 - around 184,000 new homes per year (net of demolitions) to add to supply in the next three years.

During the next 3 years, 167,400 net completions are expected in Vic, while 147,400 are expected in NSW and 111,200 in Qld, SA (32,000), WA (67,500), Tas (10,100), NT (2,300) and the ACT (13,000).

Household formation will hit more than 1.7 million in the decade to 2032, led largely by single-person households.

New home builds will outpace household formation by more than 115,000 in 2022 and then 35,000 in 2023, but with net overseas migration set to fully recover to pre-pandemic levels of about 235,000 by 2024-25, household formation is expected to outpace new housing supply by a cumulative 163,400 to 2032.

“By 2024-25, household formation and demand for vacant dwellings is expected to slightly exceed construction activity, which looks likely to remain the status quo until 2030-31,” NHFIC said.

The main shortfall will come from units, which will face increased demand from new arrivals a well as downsizing brought on by higher interest rates.

Property Council of Australia Chief Ken Morrison said the report shows that as the economy and Net Overseas Migration recovers, the demand for new households will outstrip supply.
 
“The projections in this report are concerning, and mirror the same warnings the Property Council of Australia has been making for some time.
 
“The report clearly shows that between 2025 to 2032, Australia will find itself 163,400 homes short of expected demand,” Mr Morrison said.
 
“That’s an average deficit of 20,000 homes a year, every year, until 2032.
 
“Overall housing supply is expected to fall by around one third in just four years from 2023. That can’t be good for housing affordability,” he said.

NHFIC said feedback from its business liaison program indicated adequate supply of greenfield land was holding back detached dwelling construction, while slow approvals was hindering multi-dwellings developments.

"Given it can take more than 6 years to get new housing supply to market in some areas, pulling back on development decisions now will exacerbate affordability problems in future years when population growth is expected to return to more normal levels.

“The development approval process is long and cumbersome. In some instances, it takes six years from when a medium-density and apartment development application is fist lodged to when construction is completed.

“A shortage of multi-unit completions is expected in the next 2 to 3 years, especially now the rental market is already tightening, and demand will lift as international borders reopen,” the report stated.

It noted the outlook over the next 5 years should also be put into a long-term context. 

"We estimate that, at the peak of the apartment boom in 2017, a net 106,100 medium-density and apartment dwellings were added to the housing stock compared to 88,300 in 2019–20, just after the beginning of the COVID-19 recession. 

"In other words, net additions to the medium-density and apartment market were already 17% below their peak as the recession began.

"The medium-density and apartment markets are more exposed to the closure of international borders to NOM and particularly international students, whereas the detached dwelling market is more likely to benefit from stimulus programs, such as HomeBuilder or state government building grants."


According to the National Housing Finance and Investment Corporation (NHFIC), almost 120,000 detached homes and 66,000 medium-density units will be added to housing stock each year between 2021-22 to 2022-23.


Apartment completions shortage looms from 2024: NHFIC

The question on everyone looking at the Gold Coast of​f the plan apartment market&nbsp;is &quot;is the growth sustainable?&quot;

Demand has far outstripped supply over the last year or so, with migration to the Sunshine State at record highs following the exodus from the southern states, who are now seeking a more relaxed lifestyle.

Supply won&#39;t be as much of an issue in 2022, with two huge Surfers Paradise projects, Tim Gurner&#39;s La Pelago, and SPG Land&#39;s Paradiso Place, combined producing around 1,700 apartments.

And there&#39;s plenty further opportunity for development up and down the Coast, with&nbsp;savvy apartment owners are getting more bang for their buck when they team up and sell their apartments to a developer, who is just after the most prized asset in the area at the moment, land.

&ldquo;Vendors can achieve a 15-20 per cent increase in the market value of their apartment by selling alongside their neighbours and maximising the development potential of their property,&rdquo; says GV Property Group&rsquo;s Luke Reaby.

GV Property Group, who amalgamate sites for developers, has just listed a site which will be one of the most in demand sites in 2022.

The prime site, an amalgamation of&nbsp;2791 Gold Coast Highway and 37 Armrick Avenue in Broadbeach, will give a developer 2,235 sqm to play with.

<img alt="" height="674" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-02-25_at_1.52.45_pm.png" width="783" />

Pezet Matheson Director Todd Matheson says the site will lend itself to a tower with one, two and three-bedroom apartments, as well as rooftop amenity allowing the residents of the lower levels still to have access to the extensive views.&nbsp;

The site, which comes with an&nbsp;indicative&nbsp;architectural scheme from the Melbourne-based architecture firm Cera Stribley, already has some big developers circling.

<img alt="" height="378" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-03-18_at_9.18.18_am.png" width="529" /> 
The early stages tower scheme proposed by Cera Stribley Architects. Image supplied

&quot;Developers are always keen on seeing what architects have put together for a site pre-purchase,&quot;&nbsp;Reaby says.

&quot;It gives them that level of confidence as to what can go on the site.&quot;

GVPG also has a site for sale down at Palm Beach, on the sought-after beachside of the Gold Coast Highway.

They&#39;ve had six owners of a four-level building band together to sell, with the 825 sqm site at 1177 Gold Coast Highway already attracting a lot of attention.

<img alt="" height="584" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-02-25_at_1.53.12_pm.png" width="846" />

The group initially listed the property with the intention of running an off-market campaign through its&nbsp;local, interstate and international developer network.

&ldquo;After the volume of interest we received through our off-market discussions, we decided we&rsquo;d achieve the best outcome for our vendors by bringing the listing to the public,&rdquo; Reaby said.

&quot;The property is likely to appeal to a range of developers, wanting to capitalize on its the prime location and potential views on offer, as well as the the nine-storey limit of the zone.&quot;

Gold Coast apartment development site demand running in to 2022

Recently we were invited to Wollert to check out Cedar Woods' brand new estate Mason Quarter. Situated within the fast-growing City of Whittlesea, approximately 25km north of Melbourne's CBD and 10 mins to Pacific Epping, Mason Quarter poses an excellent opportunity to get on the property ladder or build your dream home.

Check out our display suite tour:

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="415" src="https://www.youtube.com/embed/X8parhmZNlk" title="YouTube video player" width="660"></iframe>

MASON QUARTER AT A GLANCE

Address:&nbsp;100 Craigieburn Road, Wollert VIC 3750 
Developer:&nbsp;Cedar Woods 
Estimated completion:&nbsp;Early 2027

[smartcode_project:default project_id=99962 project_image_fid=160809]

Cedar Woods is an award-winning property developer with over 30 years of industry experience delivering high-quality house and land estates across Australia.&nbsp;

Throughout the community, you'll notice Cedar Woods has retained the stunning River Red Gum trees, with future plans for sprawling parklands.&nbsp;

The development is brimming with lush greenery and local flora and fauna, with a ​​7.9ha conservation reserve and the retained trees to form part of over 30 small local parks scattered throughout the entire development.&nbsp;

Cedar Woods is committed to giving back to the community and the environment, encouraging&nbsp; 6-star energy rating across all Mason Quarter homes. The development also features water sensitive urban design, drought-tolerant planting and recycled water provided to all homes.&nbsp;

The proposed future amenities are extensive and are sure to equip residents with everything they need, just a stone's throw from their new home – with two proposed schools and future Wollert train station.&nbsp;

To access the city, it's only a short bus ride or drive to Craigieburn or Epping station. Plus, there are popular schools just 400 metres away and sporting ovals immediately adjacent.&nbsp;

Also in the area, you've got the Aurora Village Shopping Centre with plenty of popular cafes, restaurants and retail stores to peruse.

To learn more about Mason Quarter, request a call from a Cedar Woods sales consultant via Urban.&nbsp;

[smartcode_project_cta: project_id=99962]

urban.com.au

Display Tour Video: Mason Quarter by Cedar Woods at 100 Craigieburn Road, Wollert

The Sunshine Coast&nbsp;developer Cube Developments has lodged plans for a $30 million residential community in Peregian Springs, which will be one of the last opportunities for freehold land in the coveted region.

The community, dubbed Lumeah, will see just 33 land lots released, ranging from 500s qm to 800 sqm.

The 2.79 hectare&nbsp;site on Pavilion Drive was originally pinned for 51 townhouses but instead, Cube is seeking to offer 33 exclusive land parcels.

The project, which has been lodged as a joint venture with Queensland builder McNab, will benefit from its position of being a short walk from the Peregian Springs Shopping Centre, beach and Surf Lifesaving Club and Peregian Beach Village, as well as being close by to well-regarded private and state schools.

Director of Cube Developments Scott Juniper said Lumeah has been designed to fit in with the existing style and feel of the surrounding streetscapes, with plenty of landscaping to its verges.

<a href="/developments/peregian-springs-qld-4573"><img alt="" height="822" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-02-24_at_4.35.33_pm.png" width="1288" /></a>

&ldquo;The site itself is just spectacular, it&rsquo;s nestled within the leafy and well-established community of Peregian Springs and is a stone&rsquo;s throw from some of the best beaches the Sunshine Coast has to offer,&rdquo; Juniper said.

&ldquo;Majority of blocks back onto scenic outlooks and provide unbelievable ocean views.&rdquo;

&ldquo;We made the call alongside McNab to reduce the density from the existing DA approval for 51 townhouses, as we feel as though 33 lots is more aligned with the surrounding residents and will give this estate a truly prized and intimate feel.&rdquo;

Peregian Springs is a small oceanside community just south of Noosa that boasts wide open greenspace, oceans and wildlife conservation sites.

Once approved, it will offer one of the last opportunities for freehold land in the coveted Peregian Springs region.



Cube lodge application for $30 million residential community in Peregian Springs

The combination of substantial forecasted population growth, an existing and expanding retail hub, and the newly established North West rail link connecting swiftly with surrounding areas and the CBD, are all major drawcards for people moving from outer suburbs to Castle Hill, the epicentre of the Hills District.

The booming Castle Hill apartment market is set to welcome several developments in the near future, with developers continuing to put faith in the area given the strong pipeline of planned infrastructure.

Urban has taken a look at the top apartment projects&nbsp;currently selling in Castle Hill.

<h2>1. Astrid&nbsp;</h2>

<h2>Developer: CBD Core</h2>

Regulars to the Hill’s District, CBD Core have notched up a rather impressive portfolio over the last two decades in the area.&nbsp;

[smartcode_project:default project_id=22748 project_image_fid=204929]

Taking up a prime spot behind the group’s Oriel project - the first new apartment building in the Showground Precinct - and a stone’s throw from the Hills Showground Metro, the group's latest project, Astrid is pitched to satisfy even the most discerning of buyers.

Comprising 94 apartments, a mix of one, two and three-bedroom residences are on offer, with completion on the project slated for February 2024.

Designed by Zhinar Architects, prices begin from $605,000 in the development, with CBD focusing on the needs of homebuyers post pandemic.&nbsp;

Not merely settling for a study nook in the apartments, Astrid will feature both indoor and outdoor communal spaces, outside of the apartments so those working from home have the option to still be away from where they reside.

[smartcode_project:default project_id=22748 project_image_fid=204930]

Residents will also have access to a state-of-the-art gym, a resort-style heated swimming pool, and a rooftop with barbecues and seating spaces and a solar-powered cabana.

One, two and three-bedders can still be snapped up in the project, with floorplans spanning from 53 sqm.

<h2>2. Chapman Gardens&nbsp;</h2>

<h2>Developer: CG Group</h2>

A landmark development set to redefine apartment living in Castle Hill, Chapman Gardens comprises three low rise buildings in a lush landscaped setting.

Featuring a collection of one, two and three-bedroom apartments and a limited number of duplex style residences, the PTW designed homes Entertaining spaces, high ceilings, gourmet kitchens and expanses of glass filter sunlight through the residences, while features such as ducted zoned air-conditioning and down lighting provide control the internal temperature and ambience.

[smartcode_project:default project_id=29359 project_image_fid=155217]

Designed by award-winning PTW Architects, the terrace-style apartments feature private courtyards and direct street access.

Two-bedroom plus study and three-bedroom plus study options have been crafted to offer house-like spaces within convenient apartment-living, targeting the family market.

More than half of Chapman Gardens is dedicated to landscaped grounds and alfresco entertaining spaces, which have been designed by Urbis.

[smartcode_project:default project_id=29359 project_image_fid=155212]

Rooftop courtyards crown each of the three buildings, with dedicated barbecue and dining areas.

One, two and three bedroom apartments can still be purchased in the final release at Chapman Gardens, with Stage One of the development expected for completion late 2022, and Stage Two in late 2023.

There's also a handful of two and three-bedroom terraces remaining.

<h2>3. Castle Island&nbsp;</h2>

<h2>Developer: KWG Group Holdings</h2>

KWG Property’s $300 million Castle Island, comprises 295 apartments spread across seven buildings near the new Showgrounds town centre. Inspired by nature, Castle Island is the work of local architectural firm, Giles Tribe, and two international architects, Hong Kong’s ARVA Architects and DLN Architects.

[smartcode_project:default project_id=112005 project_image_fid=191248]

They brought a shared vision of integrating the surrounding landscape into Castle Island’s apartments.

On offer is one, two and three-bedroom apartment, featuring full-height glazed facades designed to offer extensive views so that residents feel connected to nature and their surroundings.

The one and two-bedroom apartments are being pitched at owner-occupiers and investors, while the premium 135 sqm, three-bedroom apartments are expected to generate interest from families, downsizers, and rightsizers.

The communal spaces have been designed by Glyph Studio and&nbsp;include a clubhouse, gym, lobby, library and co-working spaces.

[smartcode_project:default project_id=112005 project_image_fid=191249]

There's also private lounging nooks, yoga zones, games and play areas, space for rooftop meals and sunset drinks.

A large garden is central to the project, as well as three elevated sky gardens, which is complete with barbecues, a yoga lawn and twilight outdoor cinema.

Buildings Three and Four are currently selling in Castle Island at 4-6 Sexton Avenue.

<h2>4. Grand Reve</h2>

<h2>Developer: Kassis Homes</h2>

Billed as the most prestigious development ever offered in the Hills area, Grand Reve is a collection of 196 contemporary apartments across two towers.

Featuring studio, one, two and three-bedroom apartments, as well as split-level townhouse-style dwellings, Grand Reve has been designed by Turner Studio with a particular focus on outdoor spaces. Dwellings feature open-plan layouts, accented with 2.7m high ceilings, allowing natural light to filter through.

[smartcode_project:default project_id=94147 project_image_fid=152849]

Double-glass sliding doors extend the dining area to private balconies or terrace courtyards, with Wolf appliances featuring in&nbsp;the kitchens.

The two towers of Grand Reve connect at the podium level and offer views across the Hills District and out to the CBD. The landscaped podium gardens include extensive&nbsp;seating pods and resident dining areas.

Altogether, the project will deliver residents three communal garden areas, totalling over 2,000 sqm of open space.

[smartcode_project:default project_id=94147 project_image_fid=152846]

Grand Reve is conveniently located within a three-minute walk to Castle Hill Metro Station. Construction has commenced on the project with completion expected mid-to-end of 2023.

<h2>5. Chateau Showground </h2>

<h2>Developer: Bridgestone Projects</h2>

Designed by an award-winning team of Bridgestone Projects, PTW Architects, DKO Interiors, RPS Landscape Architects and Westbourne Construction, Chateau is a collection of 296 apartments over nine levels.

[smartcode_project:default project_id=13888 project_image_fid=159889]

The building will comprise a mix of one, two and three bedroom apartments, along with townhouse and penthouse options.

Crowning Chateau is the rooftop terrace, which features an infinity pool, barbecue area, gym, private cabanas, outdoor cinema and garden spaces.

Residents can choose between two colour schemes, Champagne or Bordeaux, with each of the colour choices defining the ambience and character of the apartment.&nbsp;

The building is secure with an on-site building manager, as well as basement level parking and storage.

[smartcode_project:default project_id=13888 project_image_fid=159883]

It takes on an energy efficient design featuring solar panels and generous landscaped area, achieving 60 per cent canopy cover, providing shade, reducing ambient temperatures and mitigating the heat island effect Chateau is conveniently located within a 200-metre walk to the Hills Showground Metro Station and a four-minute drive to Castle Hill’s shopping centre.

Building A, B and D are part of the Stage One release, which will feature 181 apartments.

Stage Two will release building C, comprising 115 apartments. Construction on the project commenced in early 2021 with completion expected mid 2023.

The booming Castle Hill apartment market is set to welcome several developments in the near future, with developers continuing to put faith in the area.

Castle Hill's top apartment developments on the market

The South African parent company of Probuild has appointed administrators to the Australian construction company.

Workers were leaving Probuild construction sites on Wednesday.&nbsp;

Workers were first seen removing their tools from Cbus Property&rsquo;s 443 Queen St project in Brisbane, a much delayed project.

[smartcode_project:default project_id=6226 project_image_fid=37149]

Its projects also included in Melbourne, the Far East Consortium&rsquo;s West Side Place project site, a $2 billion, four-tower development.

Probuild have been constructing the latest stage at the master planned Caulfield Village, delivering over 430 Build-To-Rent (BTR) apartments, for the Beck Property Group.

Projects include the 65-storey residential UNO building in Melbourne scheduled for completion next year.

[smartcode_project:default project_id=3281 project_image_fid=46048]

The Melbourne-based firm, one of the largest construction companies in Australia, took over construction of Sydney&rsquo;s new glass IMAX building in Darling Harbour after the collapse of Grocon.

It is also doing construction for Frasers Property at Macquarie Park.

Probuild directly employs 500 staff, with the collpase set to impact on thousands working as subcontractors.

Apartment developers will need to update their off the plan buyers on revised construction timelines.

Johannesburg-listed builder Wilson Bayly Holmes-Ovcon confirmed it put the Australian business into administration after it had been operating at a loss.

&ldquo;With effect from 22 February 2022, the company... will no longer provide financial assistance to [Probuild holding company] WBHO Australia,&rdquo; WBHO said in a statement.&nbsp;

Deloitte Turnaround &amp; Restructuring partners Sal Algeri, Jason Tracy, Matt Donnelly and David Orr will be the Voluntary Administrators over certain companies within the WBHO Australia Group.

Probuild&#39;s most recent annual financial filings put revenue at $1.3billion.

Algeri confirmed WBHOA had been a &nbsp;major contributor to the construction sector and the broader economy, including as a direct and indirect employer.&nbsp;

&ldquo;The COVID-19 pandemic has created challenging trading conditions for many businesses, and for WBHOA, which has also been impacted by certain loss-making projects.&nbsp;

&ldquo;Our immediate focus will be to undertake an urgent assessment of the entities&rsquo; financial positions and work with key stakeholders to stabilise the business and projects where possible.&nbsp;

&ldquo;We will assess options to preserve value, and engage closely with creditor groups and other stakeholders across the spectrum, including clients, employees, unions, suppliers, contractors and sub-contractors.&nbsp;

&ldquo;We will also also be commencing a sale and recapitalisation process in order secure a new owner for the businesses.&rdquo;&nbsp;

A $300 million acquisition of Probuild fell through in January last year after Treasurer Josh Frydenberg said he would reject China State Construction Engineering Corporation&#39;s bid for the Australia-based and South African-owned company.

National security concerns linked to state-owned China State Construction Engineering Corporation&#39;s connections to the Chinese defence industry was understood to be a key reason for the Treasurer not to approve the foreign investment.&nbsp;

Maxwell Shifman, National President of the Urban Development Institute of Australia, recently noted cost blow-outs in the wake of the initial success of HomeBuilder had created major underlying challenges for the industry in what was emerging as possibly a &ldquo;profitless boom.&rdquo;

Its South African parent appointed administrators after propping it up over the past four years

Probuild collapse to hit apartment project delivery

ID_Land has spent $140 million on a 59-hectare site about 60 kilometres from Melbourne's CBD, the largest acquisition yet by the multi-billion-dollar company.

It is expected to yield around 1,200 housing lots at 200-230 Moores Road, Clyde, growing the company’s pipeline to 6,000 lots.

The vendors have been growing vegetables for over 110 years, with the site expected to be rezoned to residential over the next few years.

The site fits into the Clyde South Precinct Structure Plan, a proposed 1099 hectare new suburb, which will evolve with retail amenity, schools, and a potential future Clyde Railway Station. ID_Land already has a pipeline at Geelong, Gisborne and Walloon in south-east Queensland.

Headed by joint managing directors, Matthew Belford and Jeffrey Garvey, the ID_Corp group of companies, including ID_Land, is a $3b diversified organisation across development, construction and funds management. The directors believe the Clyde acquisition is a strong addition to the company’s portfolio, allowing the group to anchor a return to Melbourne’s southeast.

[smartcode_project:default project_id=112056]

“It’s no secret that we’ve seen a significant shift in buyer priorities over the last two years, with more younger buyers capitalising on the economic tailwinds for FHBs to secure their first home – we are expecting this activity to remain relatively strong, underpinned by the affordable nature of the growth area land and inner-city townhouses.” Garvey said.

The AFR reported the $2.4 million per hectare sale price set a new benchmark for un-zoned greenfield land in Melbourne. Core Projects research calculate the south-east growth corridor is the most expensive land market in Melbourne with a median lot price of $425,000.

“Looking to Melbourne’s southeast, we see a similar opportunity to that of regional Victoria. The Clyde South precinct structure plan underpins the confidence we have always had in the area, and we are looking forward to once again delivering high-quality residential stock to this growing locale.”

Recent Clyde acquisitions&nbsp;include Bathla Group's town centre development site which was bought for $67.65 million from National Pacific Properties, the development arm of home builder Burbank Group.

“Our long-term strategy for ID_Corp will see us continuing to invest in Australia’s best performing and fastest growing regions, and delivering affordable supply to where the market needs it most,” said Belford.

Last year Mirvac paid about $70 million for a 30-hectare site at 105 Smiths Lane in Clyde North that is expected to see around 300 lots.

The 59-hectare site is about 60 kilometres from the Melbourne CBD

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