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?

Mirvac has advised the sales tally at its $216 million Portman, Green Square project has hit 63&nbsp;percent.

The apartment project is on Portman Street, Zetland.

Located seven kilometres from the Sydney CBD the project was designed as art deco-inspired architecture.

Due for completion in 2023, 119 residences will form Portman on the Park and 45 will be built in Portman House. Portman House is over 50% sold, with apartments in Portman on the Park 67% sold.

Portman House joined Portman on the Park in being Australia&rsquo;s first residential building registered to pursue WELL Certification.&nbsp;

[smartcode_project:default project_id=30049 project_image_fid=162873]

The 12-level Portman on the Park is made up of one, two and three-bedroom apartments.

Guided by the 11 concepts of WELL, the luxury Mirvac apartments were designed in partnership with Sydney architects CO-AP in collaboration with Mirvac Design.

Its pricing in 2021 included 1 Bed, 1 Bath, 0 Car from $740,000 to $810,000 and 2 Bed, 2 Bath, 0 Car from $999,000 to $1,050,000.

&nbsp;

[smartcode_project:default project_id=100811 project_image_fid=162903]

Mirvac is also securing sales at the nearby $207 million The Frederick project which is 29 percent sold. &nbsp;It is 23 storeys, a collaboration between Smart Design Studio and Mirvac Design.

The Green Square Town Centre is home to many affluent, young professionals with convenient access to major employment centres, transport and amenity.

The construction of a major residential, retail and cultural hub sees current planning for 35,000 new dwellings, 13,400 sq.m of retail, 50,500 sq.m of office floorspace and community facilities at Green Square.

[smartcode_project:default project_id=30049 project_image_fid=162870]

The staged development has already delivered the Green Square Library, the creative arts centre, childcare, Green Square Community Hall, small scale retail and residential apartments.

Population forecasts developed by Transport for NSW prior to the onset of COVID-19 forecast the population of the Green Square area to increase to 62,259 in 2036, significant growth from the 2016 population of 36,195.&nbsp;

The projected growth equates to around 1,300 additional residents per year at an average annual growth rate of 2.7%, which is higher than Greater Sydney (1.7% per annum).&nbsp;

[smartcode_project_cta: project_id=109956]

Located seven kilometres from the Sydney CBD, the project includes a luxury wellness centre

jchancellor-FAypfDUnLy

Mirvac's Portman, Green Square apartments hits 63 percent sold

Gold Coast developer Aniko Group, the company behind the transformation of Hope Island,&nbsp;is headed to&nbsp;Chevron Island for its latest project.

Aniko has acquired a development site at Chevron Island on which it is planning a Plus Architecture-designed tower.

The 1,518 sqm site&nbsp;at 12-16 Weemala Street, sold by GV Property Group&#39;s Luke Reaby, is positioned in the south-west pocket of Chevron Island, within easy access to the island suburb&rsquo;s retail strip and the city&rsquo;s emerging cultural precinct at HOTA.

Aniko managing director George Mastrocostas said he is currently reviewing his options for the Chevron Island site with a view to building on the success the company has achieved at Hope Island.

&ldquo;We are taking a different approach to Chevron Island in keeping with the community fabric of the island suburb,&rdquo;&nbsp;Mastrocostas said.

&ldquo;Chevron is just a short walk to Surfers Paradise, the beach, the Gold Coast&rsquo;s cultural heart and all the amenities the central Gold Coast has to offer. It&rsquo;s both laid back and sophisticated at the same time, so these are the elements that we will inspire us when we finalise our plans.&rdquo;

<a href="/new-apartments/orama-chevron-island-12-16-weemala-street-chevron-island">To keep up to date with the development and its launch, enquire here</a>

<a href="/new-apartments/orama-chevron-island-12-16-weemala-street-chevron-island"><img alt="" height="800" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/aniko_main_2.jpg" width="1200" /></a>

Plus Architecture Director Danny Juric says the tower will be inspired by &lsquo;elegant simplicity&rsquo;.

&ldquo;Our concept for the project is really driven by this idea of creating more than an apartment &ndash; we want to create homes. Homes that sit in the sky gazing in 360 degrees across the waterways, city skyline, and sunsets over the hinterland,&rdquo; he said.

&ldquo;We want the structure to convey this simple elegance while being grounded by a collection of townhomes that complements the distinct village atmosphere of Chevron Island.&rdquo;

<a href="/new-apartments/orama-chevron-island-12-16-weemala-street-chevron-island">To keep up to date with the development and its launch, enquire here.</a>

Aniko Group is renowned for creating residences designed for owner occupiers.

The company&rsquo;s latest development, No. 35 Grant Avenue, will bring to market 48 townhouses and 10 waterfront duplex villas to Hope Island. The development has been designed around an expansive park precinct with meandering walkways and gardens to create an urban oasis for residents.

[smartcode_project:default project_id=95316 project_image_fid=184675]

&ldquo;We are looking forward to transforming this site into a residential offering that will appeal to a broad range of buyers,&rdquo;&nbsp;Mastrocostas added.

&ldquo;Our aim is to create large living spaces and deliver a range of superb resident amenities that align with the convenience of the Chevron Island location.&rdquo;

Over the past few years Aniko has been pivotal in the transformation of the Gold Coast&rsquo;s North Shore, delivering back-to-back to sell-outs in its premium waterfront developments across Hope Island.

The company&rsquo;s debut foray into the residential enclave saw it sell out stages 1 and 2 of its No. 1 Grant Avenue development in just five months.

Overflow demand quickly flooded its successive development, the $125 million Athena, located just across the road which spent just three months on the market.

“We are taking a different approach to Chevron Island in keeping with the community fabric of the island suburb,” Mastrocostas said

Aniko Group secure Chevron Island apartment development site

The Melbourne developer Golden Age Group has commenced construction on the first two stages of its Willow Springs land estate in the city&rsquo;s west, following the sell-out success of its first three stages, totalling close to $50 million.

With a mix of first-home buyers, owner-occupiers and investors snapping up the land parcels, stage three&nbsp;of Willow Springs was brought forward to meet overwhelming demand, with stage four earmarked for the end of February.

Situated 30km west of Melbourne&rsquo;s CBD in the state&rsquo;s fastest-growing region, Golden Age Group&nbsp;purchased the site in 2017, keenly aware of its potential once key infrastructure had been established.

Golden Age Group Founder and Managing Director, Jeff Xu, said that the Willow Springs site, set within Melbourne&rsquo;s Urban Growth Boundary, offers the ultimate location for a new residential community with its welcoming streetscapes and family-friendly green areas.

[smartcode_project:default project_id=104354 project_image_fid=190575]

&ldquo;Rockbank&rsquo;s proximity to schools, supermarkets and retailers, child care, aged care facilities, and public transport positions it as a perfect base in Melbourne&rsquo;s strong performing western growth corridor,&quot; Xu said.

&ldquo;What sets Willow Springs apart is it is a smaller-scale boutique development yet it still benefits from nearby amenities.&quot;

Willow Springs is centred around&nbsp;7,000 sqm of lush parkland that is ideal for families, complete with charming streetscapes designed by award-winning landscape architects, Flemings.

Located at 520-578 Greigs Road, Rockbank, Willow Springs&nbsp;is within easy reach of shopping and entertainment precincts like Woodgrove Shopping Centre, the newly opened Woodlea Town, Taylors Hill Village and Watergardens Town Centre. In addition, the location offers easy access to transport with Rockbank Train Station&nbsp;1.5km away.

Winslow Constructors have been appointed for the first two stages, with ground breaking commencing February 1.

Upon completion, Willow Springs will be home to over 400 homes with three more stages to be released throughout 2022.

Land at Willow Springs starts from $238,000.

[smartcode_project_cta: project_id=104354]

Golden Age Group Founder and Managing Director, Jeff Xu, said that the Willow Springs site offers the ultimate location for a new residential community



Golden Age Group begin construction on Willow Springs land estate in Rockbank

The family-owned Australian land developer Satterley Property Group are teaming up with&nbsp;F​ar East Organizat​ion,&nbsp;one of the largest private real estate developers in Singapore,&nbsp;to launch&nbsp;St Helena Place, a new masterplanned residential project in the suburb of St Helena, 26 kilometres north-east of the Melbourne CBD.

Set on a 19-hectare site, the community will incorporate more than 240 homes and townhomes of between two and four bedrooms. Residences will be sold off-the-plan in four stages, the first of which will open at the end of February.

Satterley's Senior Development Manager, Kat Klau, said the one-of-a-kind development is characterised by the highly convenient location and amount of green space.

“It’s a very rare project. You won’t find anything like it anywhere else. For a start, it’s a beautiful site characterised by its many attractive, mature trees - a place of real natural splendour," Klau said.

[smartcode_project:default project_id=111942]

“In a standard [residential] project, we’re required to dedicate five percent of the area to green space. In the case of St Helena Place, it’s four times that number. The result will be an exclusive masterplanned community enveloped by green space,” Klau added.

Far E​ast Organization&nbsp;first purchased the site more than 30 years ago. Since then, extensive planning has taken place, in addition to a supplementary purchase of adjacent land and significant landscaping works.&nbsp;

“A fully rejuvenated wetland divides the site in two. And it’s been there for nearly three years. That’s incredible; you would never get that in a typical new community development," Klau continued.

<a href="/developments/st-helena-vic-3088"><img alt="" data-entity-type="" data-entity-uuid="" height="675" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/sattlery_streetscape.jpg" width="1200" /></a>

“When Far East Organization commenced the project several years ago, they asked us to go ahead with the environmental renewal project as a matter of priority. Although we didn’t proceed with sales at that time, we&nbsp;did&nbsp;complete the $2 million wetland project. It looks like it’s been there for years – and that’s because it has.”

Far East Organization’s Chief Operating Officer, Ms Lay See Shaw, said the company is invested in delivering a high-quality product for the development.

[smartcode_project:default project_id=111942]

"Inspired by nature, the project will showcase thoughtful and complementary urban and landscape design. Future residents will be able to choose from a variety of home layouts and finishes, as well as three internal colour schemes.

“Working with our Australian partners, we want to create homes that put homeowners at the centre and demonstrate our philosophy of 'Inspire Better Lives',” Ms Shaw said.

Klau&nbsp;describes the project as an “exclusive enclave in Melbourne’s north-east”.

“There are a lot of people in nearby Greensborough and Eltham who aspire to live in St Helena, but at the moment the choices are limited. Only about 30 properties go on the market each year in this part of Melbourne. And it’s mostly older housing, built in the 80s and 90s.”

“Brand new homes set within a beautiful natural environment, within easy reach of excellent transport&nbsp;and&nbsp;surrounded by established schools and amenities are hard to come by anywhere, let alone 35 minutes from the centre of Melbourne. St Helena Place offers all that and more,” Kat said.

Far East Organization has been working closely with Satterley Property Group since 2016. The company owns and manages more than 20 commercial properties and development sites throughout New South Wales, Victoria, South Australia and Western Australia, including the former Sydney GPO, The Fullerton Hotel Sydney. St Helena Place is their first residential project in Australia.&nbsp;

[smartcode_project_cta: project_id=111942]

Satterley's Senior Development Manager, Kat Klau, said the one-of-a-kind development is characterised by the highly convenient location and amount of green space.

Satterley launch St Helena Place house and land estate with Far East Organization

Property group Mirvac has secured the sellout of its Quay Waterfront Newstead project.

Mirvac is taking the next step by lodging a development application for Sky Stage 2, a part of its $1 billion Waterfront Newstead community on the Brisbane River.

Quay follows on from Mirvac&rsquo;s highly successful previous stages at Waterfront Newstead &ndash; Pier, Park and Unison.

[smartcode_project:default project_id=90553 project_image_fid=147606]

The Quay sellout was advised in its latest ASX update.

As sales neared 100 percent, Mirvac head of residential Stuart Penklis described the response to Quay as &quot;phenomenal.&quot;

The sales tally sat at just over half in the $180 million Newstead apartment tower last July.

With apartments priced from $382,000 across its 25 levels, Quay was designed by Mirvac&#39;s in-house design team.

[smartcode_project:default project_id=90553 project_image_fid=147612]

The expansive three and four bedroom sky pavilions started from $2,925,000.

The striking building, designed by Mirvac&#39;s award-winning in-house design team, will feature lush landscaping climbing the tower by landscape architect RPS. 
&nbsp;

Quay is part of the $1 billion Waterfront Newstead community on the Brisbane River

Mirvac secures sell out at Quay, Brisbane apartment project

Lendlease Residences One &amp; Two at One Sydney Harbour have hit 83 percent sold.

The company updated the sales tally in an ASX half yearly report.

There have been 530 of the 637 apartments sold for $3.1 billion.

In mid-2021 Lendlease announced the establishment of a joint venture with Mitsubishi Estate to deliver Residences Two, the second residential tower at One Sydney Harbour, Barangaroo.

Mitsubishi Estate already held a 25 per cent interest in Residences One at One Sydney Harbour.&nbsp;

Rising 235m above Sydney Harbour, Residences Two, has an estimated value of $1.7 billion.

It will comprise 322 apartments across 68 levels.&nbsp;

Its initial off market sales campaign, followed by the 2021 public sales launch, saw pre-sales on the project sit at 59 per cent last July.

Construction of Residences Two is expected to be completed by mid to late 2024.&nbsp;

One Sydney Harbour, comprising three residential towers, is the final piece in Lendlease&rsquo;s award-winning, mixed use, carbon neutral precinct, Barangaroo South.

Residences One hit 85 percent sold in May last year, having been launched in &nbsp;2019 when a record $140 million was paid for its penthouse.

Lendlease will soon release One Sydney Harbour&rsquo;s third and final residential tower, Watermans Residences, which will sell on-market priced from $1.42 million for a one-bedroom apartment.&nbsp;

&ldquo;This exceptional $3 billion milestone in sales for our Residences One and Two is a testament to the strength and resilience of the Sydney residential market and speaks to high demand of local owner-occupiers and downsizers who recognise this once-in-a-generation opportunity,&quot; Tom Mackellar, managing director Development, Lendlease said.

The company updated the sales tally in a report to the ASX 

Lendlease Residences One & Two hit 83 percent sold at Barangaroo South

The Forme project by Mirvac at Doncaster has neared being half sold.

The ASX listed company advised sales tally sat at 48 percent in its update last week.

Forme was launched last July with prices starting from $425,000.

Mirvac&#39;s prior update last October on sales was that 28 percent of its apartments had sold within the tranquil former 47-hectare Eastern Golf Course at Doncaster.

[smartcode_project:default project_id=100322 project_image_fid=163028]

Forme will feature 93 residences at 57 Stables Circuit.

It has an expected $82 million completion value for the mid-rise project which is under construction.

Forme is the third and final apartment building at the Tullamore precinct which included Phoenix and Folia.

[smartcode_project:default project_id=100322 project_image_fid=167722]

Mirvac head of residential, Stuart Penklis says that the &quot;project demonstrated the ongoing demand for quality, well designed apartments supported by exceptional amenity.&quot;

Forme was designed by the Mirvac Design team to be set within sculptured gardens by landscape architect Paul Bangay with more than 20 per cent of the Tullamore precinct dedicated to green open spaces, including pocket parks, adventure playgrounds, undercover barbeque and picnic areas as well as walking and cycling tracks to encourage an outdoor lifestyle.&nbsp;

[smartcode_project:default project_id=100322 project_image_fid=163026]

Forme&rsquo;s construction is by mid-2023.

On its launch, Mirvac design director Michael Wiener noted with more people now working from home, Mirvac incorporated study spaces in the majority of its two and three bedroom apartments.

Forme will feature Melbourne start-up Allume Energy&rsquo;s distribution technology, SOLSHARE in some of the apartments.&nbsp;

A unique technology, SOLSHARE allows residents to share power from a single solar system, which is anticipated to deliver up to 40 percent energy savings, based on average residential household usage.

[smartcode_project_cta: project_id=100322]

Mirvac gave a sale update last week for exchanges and deposits as at December 31

Forme, Tullamore hits 48 percent apartments sold

The Victorian government has announced a review of laws applying to the property industry.

The review will look at off-the-plan sales, the weekend announcement advised.

Buyers will be able to give feedback when the department posts its survey at www.engage.vic.gov.au/property-market-review

It will also look at auction price underquoting which were last reformed in 2016 when all auction properties listed for sale needed to advertise a price guide and list recent comparable sales.

The review will be conducted by former Real Estate Institute of Victoria chief executive Enzo Raimondo with others on the panel including reform expert Claire Noone from Nous Group, and former co-chief executive of the Consumer Action Law Centre Carolyn Bond.

Amid heightened affordability concerns, the Consumer Affairs minister Melissa Horne said it was &quot;important to make sure our laws are still best practice.&rdquo;

It follows some 383 complaints about potential underquoting being lodged with Consumer Affairs Victoria between February and April last year.

Its inspectors visited 29 agency offices in May and found 17 had flouted underquoting laws, triggering more than $300,000 in fines.

The review will look at upfront costs for buyers along with whether real estate agents have the skills, education and expertise they need to maintain good industry practice.

The review will also cover whether real estate agents have the skills, education and expertise they need to maintain good industry practice

Off the plan sector under review by Consumer Affairs Victoria

The development site at 215-217 Jefferson Lane, Palm Beach has been listed for auction.&nbsp;

The property will be sold at on-site auction on March 4 through Tony Grbcic and Adam Grbcic, at Kollosche Commercial.

It is marketed as &quot;an irreplaceable opportunity to purchase a rare double block with absolute beachfront access on the highly desirable and sought-after Jefferson Lane location.&quot;

It is a 817sqm corner site with 20 metre frontage to both Jefferson Lane and Thirteenth Avenue.

The development plans for a prestige 9 level residential only building were lodged last June.

The application was approved with a development permit issued by Gold Coast Council in November last year.

The plans were a clam-shell-inspired apartment tower by Quahlee Property.

The owners of the properties are Christina Quinn, the former owner of Darrel Lea and VIP Petfoods, and Quahlee sole director Felicity Spittle, who was a former chief financial officer for both the Quinn companies.

The Contreras Earl design was for two basement levels, a communal ground level with a pool and eight residential floors.

There are eight three bedroom full floor apartments.

The 215 Jefferson Lane site is a recently a cleared and demolished site while 217 Jefferson Lane has a 2-storey, duplex.

&quot;This opportunity would suit both local and interstate developers,&quot; Tony Grbcic said.

He noted &quot;the current growth on the Gold Coast coupled with the next light rail stage passing this property in the coming years.&quot;

The listing agents expect interest from both local and interstate developers

Palm Beach apartment development site listed for auction 

Toorak is one of Melbourne’s oldest suburbs, and one of the most affluent and prestigious.

Home to some of Melbourne’s most prestigious private schools, proximity of train, tram and bus stations, in addition to high-end fashion, entertainment and dining precincts, Toorak offers a superb family lifestyle.

But runaway house prices has seen the median reach $5.38 million, according to REA Group data, which has seen prospective home buyers wanting to live in the exclusive suburb head in to the off the plan apartment market.

Urban has taken a look at the top six off the plan Toorak apartment projects&nbsp;currently on the market.

1. Euroka Toorak 

Developer: Sun Property Group

[smartcode_project:default project_id=109759 project_image_fid=185211]

The Sydney-based developer, Sun Property Group, are&nbsp;breaking in to the Melbourne apartment market with Euroka.

Euroka, at 5 Brookville Road, is inspired by Melbourne’s iconic Roy Grounds House – once home to one of Victoria’s most influential modern architects.

The renowned architect and design firm, Carr Design, has created the 10 luxury apartments, which features a robust form, with a gallery-like, three-tiered elevation. Each apartment has been designed with a unique aspect across the three levels.

[smartcode_project:default project_id=109759 project_image_fid=185215]

The theme of Euroka is ‘welcome to the light’, with the developer given permission from the Aboriginal Council, Wurundjeri Woi Wurrung Cultural Heritage Aboriginal Corporation, to use the name.

The body of water on arrival to the residences creates a welcoming arrival, leading to a light-filled atrium entry, incorporating landscape design in conjunction with Acre Studio.

[smartcode_project:default project_id=109759 project_image_fid=185212]

The apartments at Euroka are generously sized, with a three-bedroom floorplan measuring around 160sqm. The project will have two penthouses, each with an expansive floor plan measuring 260 sqm.

Construction on Euroka is expected to be completed by June 2023.

2. Ode 

Developer: Fortis

[smartcode_project:default project_id=24802 project_image_fid=73128]

Ode has been designed to contribute to the future narrative of Toorak. The building comprises four-levels designed by Ewert Leaf, with six half-floor residences crowned by a full-floor penthouse.

Imported European white Morada bricks have been used throughout, contrasted by cascade planting. Durable materials also feature in&nbsp;the interiors, with natural stone slabs, hard-wearing timber floorboards and wool broadloom carpet.

[smartcode_project:default project_id=24802 project_image_fid=73129]

The development by the well regarded developer Fortis sits within 500 metres of Toorak Road Tram Station, Toorak Village, St Catherine’s School, St John’s Anglican Church and a range of shopping, dining and entertainment precincts.

Three-bedroom offerings with differing floorplans are still available in Ode.

3. ADA Toorak 

Developer: Buxton Projects

[smartcode_project:default project_id=92806 project_image_fid=175567]

A curated collection of 22 private residences in the heart of Melbourne’s most sought-after suburb, ADA is the vision of Buxton Projects, Conrad Architects and Jack Merlo.

ADA’s distinct sculptural form is complemented by lush, layered landscaping that grounds the façade at street level.

With an offering of three-bedroom and three-bedroom plus options, each residence benefits from large, open courtyards and terrace configurations, along with penthouse and city skyline vistas.

[smartcode_project:default project_id=92806 project_image_fid=175568]

Three-bedroom apartments are still available in ADA Toorak, which is set to be completed by mid-2022.

4. Edition 

Developer: Samuel Property

[smartcode_project:default project_id=13991 project_image_fid=36399]

Samuel Property, Cera Stribley Architects and Jack Merlo have teamed up in the creation of the Edition residences, developing a single building envelope that encompasses three individual residences of varying size and philosophy.

The architectural design rethinks conventional apartment floor plans to present residences that boast size, functionality and detail.

[smartcode_project:default project_id=13991 project_image_fid=36401]

Edition No.1, The Arc Residence, is a single level residence inspired by the winding banks of the Yarra River.

Edition No. 2., The Botanic Residence, is a two-level home with an inherent connection to its tranquil, leafy environment. Architecture defies standards, removing the barriers between inside and out, to reintroduce nature and modern life in a uniquely luxurious way. Inspired once again by the winding banks of the Yarra River, curved, flowing hallways, staircase and sculpted forms connect the spaces.

Edition No. 3., The Sky Residence, has the distinction of a privately commissioned home. Designed to encompass the two topmost levels of the building, it has living zones across two floors, fireplaces, a pool and spa, expansive terraces and an abundance of windows that allow natural light to filter through.

[smartcode_project:default project_id=13991 project_image_fid=36410]

5. The Mill Residences 

Developer: Delta Property Group

[smartcode_project:default project_id=25471 project_image_fid=56794]

The Mill Residences bring a timeless five-storey stone and metal apartment building to Malvern Road.

Developed by Delta Property Group, The Mill is suited to owner-occupiers and families. Designed by the award-winning CHT Architects,The Mill Residences feature&nbsp;luxury apartments up to 266 sqm to terraces up to 240 sqm.

Stepping inside the five-storey stone and metal apartment building from Malvern Road, residents enter to a lobby leading to an internal landscaped walkway. Serviced by two elevators with security card access and CCTV, 15 three-bedroom&nbsp;apartments feature open plan layouts, large balconies and extensive double-glazed windows.

[smartcode_project:default project_id=25471 project_image_fid=56798]

A full-time manager assists in residents requirements and maintains the building, which includes a&nbsp;private gym and pool.

All residences come with two basement car parking spaces, plus access to visitor spaces, private storage room and bicycle racks. The penthouses come with three car garages.

The building employs all the latest technologies such as biometric fingerprint access to all common areas and residences, number plate recognition carpark access, advanced CCTV, video intercom with phone app integration, and electronic parcel lockers.

[smartcode_project:default project_id=25471 project_image_fid=56799]

Hamish Guthrie, Director at Hecker Guthrie spoke on the design of the tower, noting its timelessness and durability.

“A classic design with a soft, neutral palette that is less about fashion and more about creating a space that will stand the test of time” he said.

Nine townhomes comprise integrated living over three storeys, with full floor master suite and terrace on the top level looking out to panoramic city views.

Eight townhomes occupy two storeys, with a lower level media room (including projector screen and surround sound package) with optional glass elevator connecting all three levels.

[smartcode_project:default project_id=25471 project_image_fid=56800]

The terraces feature private basement garages and inclusions such as a biometric locking, BOSCH Alarm system and SOMFY remote controlled power blinds in living areas.

Construction has commenced on The Mill Residences, where a mix of three and four-bedroom residences are still available.

6. Avant Garde

Developer: Bravo

[smartcode_project:default project_id=109143 project_image_fid=182115]

Avant Garde, delivered by Bravo, is a boutique development of eight residences, including a whole floor penthouse, built over four levels; The Garden Residence, Terrace Residences, Views Residences, and The Penthouse.

The apartments have been designed by the renowned Bruce Henderson Architects and Jack Merlo Design Landscaping.

Complemented by a shared fitness centre and a resident’s lounge, the residences benefit from high-ceilings and open-plan living areas.

[smartcode_project:default project_id=109143 project_image_fid=182117]

Highly-equipped, Italian made kitchens are centrally located, with ample storage and European appliances, including built-in fridges, wine storage, ovens and cooktops.

Bravo noted the importance of creating a sustainable lifestyle in their development design vision&nbsp;stating,

“To contribute to sustainable living by installing thermally insulated double glazed windows, making allowances for solar panels and electric vehicle charges to be installed for each apartment, a large water tank for the luscious gardens, and sustainably harvested timbers for our flooring.”&nbsp;

[smartcode_project:default project_id=109143 project_image_fid=182121]

A fully enclosed store room and basement carpark is also provide for each apartment, including a bicycle storage space.

Located in the residential heart of Toorak, Tintern Avenue is a leafy avenue that takes the form of a crescent, beginning and ending at Toorak Road.

Two and three-bedroom apartments are still available for Avant Garde.

Home to some of Melbourne’s most prestigious private schools, proximity of train, tram and bus stations, in addition to high-end fashion, entertainment and dining precincts, Toorak offers a superb family lifestyle.



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