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?

A new residential project worth $60 million has launched in Melbourne&rsquo;s rapidly growing southeast that will help meet soaring demand for housing.

Situated at 21-23 Loxwood Avenue, Keysborough, the Woodlands Estate project is a collection of 42 double-story house and land packages designed with aspirational families in mind.

The recent launch of the project&rsquo;s first stage feature&nbsp;17 bespoke double-storey home designs ranging from $949,000 to $1,465,000 on lots of land from 255 sqm to 551 sqm.

[smartcode_project:default project_id=108775 project_image_fid=179333]

Backing onto the peaceful Keysborough Community Park, the project is close to an array of amenities and offers easy access to Mordialloc Beach, Mordialloc Bypass, East Link and Dingley Bypass. &nbsp;

Delivered by the Aultun Group, the Woodlands is about creating a place families can call home for a lifetime, says director Frank Ruffo.

[smartcode_project:default project_id=108775 project_image_fid=179331]

&ldquo;The Woodlands is an opportunity for families to secure their dream home built to superior specifications&rdquo;, he said.

&ldquo;The house and land packages provide families the room they need to grow and we&rsquo;re incorporating fully landscaped gardens with modern fixtures and finishes.&rdquo;

[smartcode_project:default project_id=108775 project_image_fid=179330]

Set in an ideal location surrounded by parklands that delivers a refreshing change of pace for families, the development also enjoys the convenience of being situated close to schools, shopping centres and outdoor lifestyle precincts like Tatterson Park and Southern Golf Couse.

Oliver Hume&rsquo;s Harvey Carretero said Keysborough was a rapidly growing suburb and was emerging as a vibrant, new residential area.

[smartcode_project:default project_id=108775 project_image_fid=179332]

&ldquo;New projects like the Woodlands coming along will go a long way to satisfying the serious market demand for new house and land,&rdquo; Carretero said.

&ldquo;A feature of Keysborough is its road access from all directions, linking the suburb conveniently to Dandenong, Chadstone Shopping Centre and the beaches by the bay.&rdquo;

The developers are anticipating significant demand for the project from buyers looking to seize new house and land in a growing Melbourne suburb.

The first stage of the Woodlands Estate is expected to be complete in 2023.

[smartcode_project_cta: project_id=108775]

The recent launch of the project’s first stage featured 17 bespoke double-storey home designs ranging from $949,000 to $1,465,000 on lots of land from 255sqm to 551sqm

max.kwok_55688

Woodlands, the new $60 million Keysborough parkside townhouses meeting soaring demand in Melbourne's south east

Established in Brisbane in 1989 by Geoff Parker and Rob Cottee, Cottee Parker has evolved into a national practice with studios operating in Brisbane, Gold Coast, Melbourne, Perth and Sydney.

The firm, which combines “intellect and creativity with a skilful, sensitive approach to design”, has garnered recognition for their design outcomes.

“We design considering culture, environment and the human condition to produce responsive and sustainable solutions. We use our experience, skills and knowledge to create designs that work for clients and the community”, the multi-disciplinary practice said.

Past projects include Queens Wh​arf in Brisbane, one of Australia's most ambitious cons​truction projects, and West Si​de Place in Melbourne.

“I wanted to create a strong legacy to leave behind, and I am extremely confident that I have done exactly that,” Cottee said.

Over 50 projects designed by the firm are currently listed on Urban. Below are four of our favourites that homebuyers can secure via Urban today.

1. Mirador, Chevron Island 
Developer: Citimark Properties

[smartcode_project:default project_id=107520 project_image_fid=183047]

A unique blend of built form and nature, Mirador has been designed by Cottee Parker as part of the coastal identity of Chevron Island.

The 71 luxury residences respond to ocean views while reinforcing a coastal through a refined material palette including its white façade, bronze metal features and natural stone elements.

[smartcode_project:default project_id=107520 project_image_fid=183048]

Two, three and four-bedroom apartments are generously sized with butlers’ pantries, island benches, wrap-around balconies and walk-in robes.

Extensive landscaping is also a key design feature, with cascading greenery softening the built form whilst providing a lush subtropical backdrop to the residential recreational spaces including the pool, gym, wellness and barbeque areas.

2. Seasons, Birtinya 
Developer: Cube Developments

[smartcode_project:default project_id=106957 project_image_fid=184863]

Cottee Parker has been engaged on a new residential project by Cube Developments that is certain to attract young property buyers.

Situated in the growing coastal suburb, Birtinya, Seasons is a trendy $102 million apartment development with almost 150 units in two, three and four-bedroom configurations.

[smartcode_project:default project_id=106957 project_image_fid=184873]

Architect Sandra Brown said an emphasis on aesthetics, generously sized apartments and a number of amenities was expected to impress young buyers.

“We have focused on a range of materials to achieve a sleek, urban feel [with] timber, aluminium, plenty of greenery, as well as getting a lot of the off-form concrete into the design,” she said.

3. Nature by Cube, Cotton Tree 
Developer: Cube Developments

[smartcode_project:default project_id=89721 project_image_fid=172109]

Nature, located in the small waterfront suburb of Cotton Tree, will deliver 12 luxury residences.

Designed by&nbsp;<a href="/architects/cottee-parker-architects">Cottee Parker</a>, the development sits high above the Maroochy River, surrounded by green parkland and ever-shifting tidal sand bars.

[smartcode_project:default project_id=89721 project_image_fid=172111]

“The brief that Cube gave us [was] we want the best the Sunshine Coast has ever seen”, Sandra Browne said.

The sculptural project features a glass façade and hosts a number of amenities, including a 25-metre lap pool, gym, steam room and spa, yoga lawn and sun lounging areas.

4. Lowanna Beach Resort, Buddina 
Developer: WOW Group

[smartcode_project:default project_id=101206 project_image_fid=162030]

Lowanna, an Aboriginal word that is often used to describe exquisite beauty, is the namesake of the newest development to hit Buddina.

Three buildings make up the new Lowanna Beach Resort offering, each presenting a different perspective of the surrounds, and connected by centralised resort facilities.

[smartcode_project:default project_id=101206 project_image_fid=162024]

All residents can enjoy the luxurious landscaped gardens, light-filled, tropical open communal areas and pool and barbeque facilities.

Residences boast generous floorplans, large balconies, plenty of storage and high-quality finishes.

“I wanted to create a strong legacy to leave behind, and I am extremely confident that I have done exactly that,” Cottee said. 

Cottee Parker Architects' four best Queensland projects currently selling on Urban

Grand Reve is the latest offering from Kassis Homes, set to transform Sydney&rsquo;s north-western suburb of Castle Hill.

Billed as the most prestigious development ever offered in the Hills area,&nbsp;Grand Reve is a&nbsp;collection of 196 contemporary apartments across two towers.

[smartcode_project:default project_id=94147 project_image_fid=152849]

Featuring studio, one, two and three-bedroom apartments, as well as split-level townhouse-style dwellings,&nbsp;Grand Reve has been designed by&nbsp;Turner Studio with a particular focus on outdoor spaces.

&quot;We&#39;re really urbanising the concept of the backyard and integrating that into an urban housing scheme that sits in a suburban context and, therefore, I think we&#39;re going to end up with a unique project and a unique product,&quot; Turner Studio design director&nbsp;Nick Turner&nbsp;said.

A landscaped podium garden, which connects the two towers, features&nbsp;seating pods, resident dining areas, and views across the Hills District.

[smartcode_project:default project_id=94147 project_image_fid=152852]

Altogether, the project will deliver residents three communal garden areas, totalling over 2,000sqm of open space.

Below the two towers is the project&rsquo;s brick base, which houses the&nbsp;open-air concierge, designed with&nbsp;weather-protected corridors and integrated gardens.

&ldquo;The brick base is a unifying form and is representative of the Sydney suburban vernacular&quot;, Turner Studio said. Designed to catch the light, the warm-coloured bricks have been laid to form ornate patterns across the lower levels.

[smartcode_project:default project_id=94147 project_image_fid=152853]

Light in colour, the towers themselves have been designed as sculptural elements, with soft, rounded corners and a feminine form to respond to the spaces within and the views beyond.

Interiors

Designed to suit a wide demographic, the project features a range of layouts, including studios, split-level townhouse-style dwellings, terrace apartments with generous outdoor spaces and penthouse sky-residences.

Each residence offers generously-sized&nbsp;floorplans, open-plan living and dining and&nbsp;2.7-metre high ceilings, while&nbsp;kitchens feature luxuriously-appointed Wolf&nbsp;gas appliances, engineered stone benchtops and brass fixtures.

[smartcode_project:default project_id=94147 project_image_fid=152848]

The combination of substantial forecasted population growth, an existing and expanding retail hub, and the newly established Metro line are all drawcards for buyers to make the move to Castle Hill.

Marketed by McGrath Projects, prices at Grand Reve begin from $560,000 for the 92sqm studio&nbsp;apartment. 
 
[smartcode_project_cta: project_id=94147]

The project boasts a curated collection of 196 contemporary residences and has been billed as the most prestigious development ever offered in the Hills area

Inside the Grand Reve, Castle Hill apartments

Setting a new benchmark for luxury in Kew East, Quattro Residences is offering discerning buyers the chance to purchase a home from an exclusive collection of uniquely composed residences.

As the name suggests, the development features just four three and four-bedroom residences.

Located on High Street, Quattro has been meticulously designed by Zeno Entity as distinctive homes that are grounded in a harmony between classical refinement and contemporary form.

Urban takes a look at five reasons why buyers&nbsp;are keen on the new development from Providence Properties.

1. Great location

[smartcode_project:default project_id=109859 project_image_fid=185004]

Set amongst the best offerings of Kew East, Quattro provides access to all the conveniences of everyday living.

From its vantage point near Balwyn Junction, the development is situated in close proximity to supermarkets, caf&eacute;s and restaurants, and great schools.

&ldquo;Whether commuting to the city during the week or escaping to the country on weekends, Quattro is ideally located&rdquo;, the project marketing reads.

2. Elegant architecture

[smartcode_project:default project_id=109859 project_image_fid=185003]

Designed by architects Zeno Entity, the four residences display a harmonious unity of form and function, curves and angles.

The fa&ccedil;ade features feminine curves and boasts a creamy palette with refined stone cladding.

Exteriors harmonise with the entire residence, with a central lobby foyer that welcomes residents and their guests into the four homes.

The development also features an oversized lift and secure private garages.

3. Landscaped gardens and terraces

[smartcode_project:default project_id=109859 project_image_fid=185019]

John Patrick Landscape Architects has expertly crafted each residence&rsquo;s outdoor area into a private sanctuary.

The generously assigned residences are surrounded by a lush landscape in one of the city&rsquo;s most convenient locations.

Landscaped gardens and terraces feature a mix of plants to ensure year-long beauty, with the exterior also styled to ensure the residence enhances the existing streetscape.

4. European-styled interiors

[smartcode_project:default project_id=109859 project_image_fid=185005]

Matching the fa&ccedil;ade, interiors boast a colour scheme warmed with timber, bronze, and natural stone.

&ldquo;Quattro&rsquo;s rich natural tones are a testament to its exceptional quality&rdquo;, the developers said.

Stunning pieces of hand-cut Patagonia stone feature in the European-styled kitchens, balanced with travertine and marble accents throughout.

Bronze accents on door handles and tapware help elevate the interiors, while floorplans also feature marble-tiled bathrooms, engineered oak herringbone flooring and an abundance of natural light.

5. Surrounded by nature

[smartcode_project:default project_id=109859 project_image_fid=185015]

Surrounded by parkland, Quattro offers an enviable lifestyle for a wide range of buyers.

The verdant streetscapes of Kew separate the residence from the hustle and bustle of the Melbourne CBD, offering a private and scenic lifestyle.

Kew is home to four premium golf courses, as well as the Yarra River, making residents of the picturesque suburb free to enjoy a range of recreational activities.

Harrison Reserve and Hays Paddock provide room for picnics, walks and relaxation, while the Yarra River and its famous Main Yarra Trail lie a few minutes to the north.

[smartcode_project_cta: project_id=109859]

As the name suggests, the development features just four three and four-bedroom residences in Melbourne's Kew East

Top 5 reasons why buyers are looking at the luxury Kew East apartments, Quattro

Neometro's latest project in Jewell Station Village encapsulates a design-focused and socially driven approach to property development. Like all Neometro projects, the building promotes wellbeing, prioritises sustainability and is engineered to last.

Watch our latest tour of Nine Wilson Ave, Neometro's fourth contribution to the area.&nbsp;

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="415" src="https://www.youtube.com/embed/U2v8aXcjzuQ" title="YouTube video player" width="660"></iframe>

<h2>NINE WILSON AVE AT A GLANCE</h2>

Developer:&nbsp;<a href="/developers/neometro" target="_blank">Neometro</a>

Architects:&nbsp;<a href="/architects/maarchitects" target="_blank">MAArchitects</a>

Homes from:&nbsp;$565,000

Location:&nbsp;9 Wilson Avenue, Brunswick VIC 3056

Standing alongside prior Neometro projects, Jewell Station, 17 Union Street and One Wilson Ave, Nine Wilson Ave will play a significant part in the urban renewal of this evolving Brunswick neighbourhood.&nbsp;

Neometro is a developer with over 30 years of experience delivering quality residential projects. As a certified B Corporation, Neometro is dedicated to creating architectural buildings with a sense of place and belonging and homes that are beautiful, functional and timeless.&nbsp;

[smartcode_project:default project_id=93019 project_image_fid=183967]

Wilson Avenue has been earmarked by council as an important connection between Sydney Road and Jewell Station, which has led to a series of upgrade projects* within the area.

To support this, Neometro's buildings will also play a key role in the precinct's transformation into a thriving urban village.

With liveability being central to the council's streetscape transformation plan, consideration has been given to the accessibility of Sydney Road and its retailers and surrounding parklands. Nine Wilson Ave is just a short walk or ride to both Princes' Park and Royal Park. Residents can access extensive, sprawling parklands within minutes and enjoy the respite, with ample opportunity to maintain good mental and physical wellbeing.

[smartcode_project:default project_id=93019 project_image_fid=183956]

Nine Wilson Ave features blush red throughout its textural facade to create a distinct identity. The design of the building sees colour and texture motifs embedded at three scales: the urban village and street, the shared areas within the building and the private realm – creating harmonious spaces for residents and the public to enjoy.&nbsp;

The development features a series of 1, 2 and 3 bedroom apartments and signature lofts. The interiors have been thoughtfully designed to provide functionality and comfort for many years to come, emphasising natural light, thermal efficiency, and spatial flexibility.&nbsp;

The architecture and material palette is a result of Neometro's 30 years of experience with apartment design iterations.&nbsp;

[smartcode_project:default project_id=93019 project_image_fid=183953]

At Neometro we believe that sustainability should be a consideration at every stage of a project’s lifestyle - from design through to construction and maintenance. Neometro homes are designed for people who want to buy once and buy well. From the materials used to the decisions made, all Neometro projects are designed to stand the test of time and space generations; less maintenance, and a longer lifespan, means less environmental impact and better wellbeing for residents.&nbsp;

To achieve Neometro's sustainability goals, Nine Wilson Ave has been designed for an average 7.5-star NatHERS energy rating. The development features solar panels and recycled water for irrigation. It's also totally gas-free and electric vehicle ready. The rooftop garden provides a space for residents to grow their own fruit and vegetables, and the shared rooftop clothesline reduces the need for clothes dryers.

Given the coveted location and popular developer, we know these homes are going to sell quickly. Enquire via Urban to book your appointment with agent Andrew Steele from Neometro to learn more.

[smartcode_project_cta: project_id=93019]

Olivia Round

Display Tour Video: Nine Wilson Ave by Neometro at 9 Wilson Avenue, Brunswick, Melbourne

The Queensland government has announced a property tax that will hit investors from interstate.

Treasurer Cameron Dick announced the new tax when presenting the state’s mid-year budget update last week.

The Queensland government land tax calculation will include the value of an investor’s real estate assets outside of Queensland to determine a land tax bill on their local investments.

Queensland Treasurer Cameron Dick claims the tax closes a "loophole" as an interstate investor can currently enjoy the tax-free threshold for land holdings worth up to $600,000 in Queensland.

The treasurer says the change won't affect Queenslanders but rather "southern state speculators who are flipping properties at a furious rate".

"We think it's fair enough that families in Logan, Ipswich, in regional Queensland, that are being squeezed by southern state speculators, we think they should they should be given a fair go," Mr Dick said.

The proposal would see a national land tax value calculated for real estate assets in every state and territory, to determine the land tax bill for the Queensland proportion of the portfolio.

There is no separate land tax rate for seniors or pensioners.

An investor with property/s with meeting the $600,000 land value threehold in Queensland and then had a $400,000 land value stemming from New South Wales would pay $2700 per year.

The Queensland Government  will determine the taxable value of each parcel of land separately and then combine the value of all the land to determine the total taxable value.

If individual investors own $1 million of land in Queensland, owners currently pay tax at a rate of 0.45 per cent.

Land tax is a state tax, calculated on the freehold land owned in Queensland at midnight on 30 June each year. Queensland land values are assessed annually as at 1 October, with notices issued by 31 March in the following year. An objection must be lodged within 60 days of the date of issue of the Queensland valuation notice.

The new Queensland land tax will apply to full and part ownership of property in Queensland and in another Australian state or territory.

As each state has operated their tax regime separately, Investors have often spread their portfolio across states to mimimise their state-based tax.

“This treatment of property investors as an endless money pit is outrageous – the government is raking in a huge stamp duty windfall, then relying on private investors to provide the lion’s share of housing supply, and now they’re slapping investors yet again with new taxes,” the Real Estate Institute of Queensland CEO Antonia Mercorella said.

Queensland Property Council’s executive director, Jen Williams, said it was "a new way of taxing landholders in Queensland.”

“Our huge concern is that people are going to sell their Queensland investment property, they are not going to pick Queensland as a place to invest in the future, because there is more tax involved if you choose to do so,” she told Radio 4BC.

Queensland's exemptions from land tax include land used as a principal place of residence - occupy the land and no other land continuously as your home for the 6-month period and land used for primary rural production.

The timing of commencement of this reform will be subject to the passage of appropriate legislative amendments.

A national land tax value calculated on the real estate investment in every state will determine the land tax bill for the Queensland portfolio

jchancellor-FAypfDUnLy

Interstate investors to be hit by new Queensland property tax

If you'd love to live in a stunning new home that's just&nbsp;5 minutes to the beach and&nbsp;surrounded by parks and cafes, then you'll have to check out&nbsp;Walsh Grange.&nbsp;The development is about to take shape shortly on a great site&nbsp;in Melbourne's desirable suburb of Ormond.&nbsp;

Watch our video of Walsh Grange:

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="415" src="https://www.youtube.com/embed/w3iHVcDIqhE" title="YouTube video player" width="660"></iframe>

<h2>WALSH GRANGE AT A GLANCE</h2>

Developer:&nbsp;<a href="/developers/loi-projects-cq-property" target="_blank">Loi Projects &amp; CQ Property</a>

Architects:&nbsp;Telha Clarke

Homes from:&nbsp;$479,000

Location:&nbsp;4 Walsh Street, Ormond VIC 3204

[smartcode_project_cta: project_id=108897]

Architecturally designed by Telha Clarke, the development is positioned on a wide footprint, which means many homes are north-facing, there are plenty of ground floor options, and all homes have access to an abundance of natural light.&nbsp;

As you can see in the video, the display has been crafted to create a unique experience for buyers, using technology to provide an interactive approach to buying off-the-plan. By having the touch screen, you have the ability to explore the different floorplans on offer and then compare them to the life-sized projection on the wall to get a better understanding of space.

[smartcode_project:default project_id=108897 project_image_fid=180974]

The material palette for the homes at Walsh Grange has been well-thought-out – with high-quality materials found throughout each home as a standard offering.&nbsp;

All homes boast beautiful stone benchtops, elegant fluted glass and premium European appliances.

[smartcode_project:default project_id=108897 project_image_fid=180979]

The area is second to none, situated on a quiet, tree-lined street, you get to enjoy private suburban living while being minutes from Melbourne's thriving CBD. Plus, you've got excellent public transport options* right on your doorstep.

Another great feature of Walsh Grange is the proximity to Melbourne's popular education precincts. Top state and private schools are within walking distance, and Monash University's Caulfield campus is less than 10 minutes from Walsh Grange. And for all your shopping needs, Chadstone* is also just a short drive.

[smartcode_project:default project_id=108897 project_image_fid=180973]

If you love the sound of the homes available at Walsh Grange, then don't hesitate to get in touch with a sales agent via Urban today – click the link in the description to learn more. And if you want to catch more display suite tours, then subscribe to Urban's youtube channel.

[smartcode_project_cta: project_id=108897]

Display Tour Video: Walsh Grange by Loi Projects & CQ Property at 4 Walsh Street, Ormond, VIC

A local developer&nbsp;buyer&nbsp;has snapped up&nbsp;one of the two&nbsp;exclusive&nbsp;three-level penthouses crowning The AU - the new luxury Surfers Paradise apartment tower on the dress circle Esplanade.

The buyer has paid just south of $9 million for the 477&nbsp;sqm space, which he intends on further customising for&nbsp;his family&#39;s&nbsp;entertainment and lifestyle needs.

There&#39;s scope, particularly with the third level of the&nbsp;penthouse, which can&nbsp;be crafted into&nbsp;something truly unique, ASF Group Marketing Director Daniel&nbsp;Fang&nbsp;said.

&quot;The purchaser of the final penthouse could add another ocean view master suite, but there&#39;s already plenty of bedrooms. Thus, the options for a yoga or meditation room with full-width views of the beach, a cinema room, or even a personal gym are certainly available to them,&quot;&nbsp;Fang&nbsp;suggested.

[smartcode_project:default project_id=6762 project_image_fid=185945]

The penthouse starts from level 17 and has a&nbsp;separate&nbsp;private lift within to access the higher levels.&nbsp;Offering 16m frontage directly facing the ocean,&nbsp;the penthouses feature four bedrooms with the second level having the option of including a lap pool.

&quot;It&#39;s always a good sign when someone in the same industry sees the&nbsp;outstanding value proposition and quality of what you&#39;re delivering&nbsp;and subsequently&nbsp;buys into the project,&quot; Fang added.

&quot;They&nbsp;truly&nbsp;do their due diligence, and the fact they&#39;re happy with what they see, with the quality of the process and the track record of the development company, is a great&nbsp;vote of confidence for The AU.&quot;

There&#39;s been&nbsp;significant&nbsp;interest from discerning local buyers for the&nbsp;lower level apartments.&nbsp;The price per square metre&nbsp;matched with the unrivalled beach and ocean&nbsp;views in such a central&nbsp;location in Surfers Paradise is&nbsp;incomparable to any other development on the market currently.

[smartcode_project:default project_id=6762 project_image_fid=185946]

It&#39;s been local and interstate business owners who have made up the majority of the enquiry so far. 
 
&quot;The AU will be&nbsp;an exclusive&nbsp;community - a true boutique offering&nbsp;where you can get to know your neighbours. Of course, the residences also provide an elevated degree of privacy given that&nbsp;a typical 255 sqm residence will span an entire floor with its own private&nbsp;lift lobby.&quot; 
 
Each full-floor apartment with a starting price of $3.45 million offers three bedrooms and a multi-purpose room, or four bedrooms, each with stone kitchens and an open plan living and dining area. Furthermore, each residence boasts a 16m frontage directly facing the Pacific Ocean and beach.

[smartcode_project:default project_id=6762 project_image_fid=184130]

The resident amenity is located on&nbsp;the&nbsp;podium level, with a gym and residents&#39; lounge space, which sit beside the infinity pool that looks out across the sand and ocean.

The podium level also features a barbecue and dining facilities, along with a sauna, ideal for unwinding after a few laps in the pool. 
 
The display suite is up and ready for viewing for prospective buyers, with the interiors created in the style of the actual residences. That&#39;s located in the Soul Boardwalk&nbsp;shopping precinct, just a few minutes&#39;&nbsp;walk&nbsp;from the actual site of The AU.

[smartcode_project_cta: project_id=6762]

The AU's two only penthouses span across three storeys - each featuring four bedrooms, an option for a lap pool and an additional master bedroom or meditation suite on the top floor.


Tri-level penthouse in The AU in Surfers Paradise snapped up for almost $9 million by local buyer

Everyone has wanted a piece of the Gold Coast in 2021, both developers and buyers, interstate and local.

GV Property Group&nbsp;agent Luke&nbsp;Reaby, who sells amalgamated sites to developers across the whole of the Gold Coast,&nbsp;says the number of interstate developers interested in apartment sites went through a noticeable shift in 2021.

&quot;Around half of our sales over the year went to interstate developers,&quot;&nbsp;Reaby&nbsp;said.

&quot;Most, if not all of the developers we&#39;ve spoken to who secured a site in 2021 have already secured a second or even third site, or are otherwise still on the hunt for another given the pent up demand for new apartments. However, given the lack of sites availble in desired locations such as Broadbeach, Mermaid Beach, Burleigh Heads, Palm Beach and Coolangatta, most are struggling to find prime land.

&quot;Their belief is that the Gold Coast apartment market will thrive for years to come which is partly due to the interstate migration, affordability, proximity to the beach and of course the lifestyle.&quot;

We&#39;ve taken a look at the Sydney and Melbourne-based developers who have made their mark on the Gold Coast.

<h2>Hirsch &amp; Faigen</h2>

It was a stellar debut 2021 on the Gold Coast for the Melbourne-based developer Hirsch &amp; Faigen.

Their first project, Hemingway at Palm Beach, sold out all of its 78 apartments in a matter of months earlier this year.

They&#39;ve sold over 60 per cent of their luxury Kirra Beach apartment development, Emerson, a collection of just 27 apartments on Musgrave Street.

[smartcode_project:default project_id=106646 project_image_fid=184785]

Now the team, led by Daniel Faigen and Richard Hirsch, has launched Yves, a rare development in the sleepy Mermaid Beach.

Yves, again designed by Rothelowman, who has handled each of Hirsch &amp; Faigen&#39;s Gold Coast developments,&nbsp;will comprise three&nbsp;25-level towers. They will home a total of&nbsp;145 apartments.

[smartcode_project:default project_id=102451 project_image_fid=186080]

The building&#39;s are crowned with outdoor rooftop seating, with the residential amenity located in the shared lobby, which&nbsp;Rothelowman&nbsp;designed as a greenhouse to create a suburban feel.

There will be a north-facing swimming pool as the centrepiece, as well as a pool and yoga deck, a&nbsp;gym, sauna, recreation lounge and barbecue seating.

[smartcode_project:default project_id=102451 project_image_fid=186084]

The design is also a nod to the history of coastal masonry walk ups.

Faigen said Mermaid is still the&nbsp;best suburb on the Gold Coast, with the millionaire&#39;s row Hedges Avenue fronting&nbsp;the beach. He said the&nbsp;apartment&nbsp;towers of this size fit the location better than the sites of their previous two developments.

<h2>Macquarie York</h2>

The Sydney-based developer Macquarie York aren&#39;t new to the Gold Coast, but have really put their stamp in 2021.

Having nearly sold out their first Gold Coast project, Allure on Chevron Island, Macquarie York, led by managing director Roy Skaf, has two projects currently in market which they&#39;ll be selling in to 2022.

One is another on Chevron Island.&nbsp;Ni&ntilde;a, less than 200 metres from Allure, will home 73 apartments in a 22-level building designed by&nbsp;Plus Architecture.

[smartcode_project:default project_id=108640 project_image_fid=186291]

Plus Architecture,&nbsp;led locally&nbsp;by Danny Juric, cleverly designed Ni&ntilde;a&nbsp;so&nbsp;every apartment can capture views&nbsp;of the ocean.

They call Ni&ntilde;a&#39;s design &quot;coastal sophistication with barefoot luxury,&quot; with one of the main design drivers the timeless curves, which will stand the test of time.

[smartcode_project:default project_id=108640 project_image_fid=186592]

Macquarie York also have Ocean House, a luxury collection of&nbsp;apartments at Palm Beach, each with three bedrooms, a multi-purpose room, and&nbsp;200 sqm of living area.

The development has been designed by the local architecture firm&nbsp;BDA Architects, who say the striking building is&nbsp;sculpted&nbsp;from inspiration from the surrounding natural environment of the movement of water and sand.

[smartcode_project:default project_id=22108 project_image_fid=179620]

<h2>Little Projects</h2>

The Melbourne-based Little Projects branched out to Queensland a few years ago with their first project, Signature at Broadbeach, but really kicked in to life in 2021.

Following the sell-out of Signature, some 245 apartments, Little Projects tailored their next project to the high demand for luxury owner-occupier apartments. Their latest Broadbeach development, Aperture, has been a huge hit with buyers locally and interstate.

[smartcode_project:default project_id=108327 project_image_fid=181282]

Aperture has just 29 apartments across the 35 levels, with 26 full-floor apartments with three bedrooms, three bathrooms and three parking spaces.

They start from $2.1 million, with every level of the 120 metre building offering uninterrupted ocean views from the balcony off the living area.

[smartcode_project:default project_id=108327 project_image_fid=181282]

Speaking to Urban, Pyke says the team have a firm belief in the longevity of the Gold Coast apartment market, and are working towards securing more development sites heading in to 2022.

<h2>Iris Capital</h2>

Iris Capital were another making their move on the hot Gold Coast market in 2021. They recently launched their $800 million apartment project Victoria &amp; Albert.

V&amp;A will have over 400 apartments across its two towers, which share a subtropical recreational podium, two levels of premium offices and commercial facilities and a fresh food and dining retail on the street level.

[smartcode_project:default project_id=107928 project_image_fid=184934]

Iris, who are behind the $350 million redevelopment&nbsp;of the iconic Bourbon and Beefsteak Hotel in to 48 luxury apartments at home in Sydney, are heading in to 2022 with another local site secured, on the dress circle Garfield Terrace.

Arnaout said Iris Capital has been looking to expanding its operations outside of NSW for some time, initially exploring a move into Victoria.

[smartcode_project:default project_id=107928 project_image_fid=184934]

&ldquo;However, the way the market is heading and how buyers have responded to south-east Queensland has definitely driven our decision to expand further north as opposed to Victoria,&rdquo;&nbsp;Arnaout said.

&ldquo;The onslaught of investment and migration into south-east Queensland, the prospect of the Olympics in 2032 and regional growth over the next decade have certainly changed our strategic focus. For us, it&rsquo;s a no brainer.&rdquo;

<h2>Gurner</h2>

Tim Gurner swooped on the Gold Coast in 2021, securing the Ferny Ave block owned by the collapsed Ralan, who had planned for two&nbsp;towers on the sprawling Budds Beach site.

In early 2022 GurnerTM will be launching the first stage of the $1.25 billion. Dubbed La Pelago, the&nbsp;11,000 plus sqm space will now have four towers with nearly 1,000 apartments, around a quarter dedicated to a hotel.

<img alt="" height="697" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/gurner_main_3.jpg" width="1200" />

La Pelago, likely named after the small commune in Italy,&nbsp;centralises on a private island theme, where&nbsp;each building is surrounded by over 9,000 sqm of amenity, lush tropical landscaping by SWA and pool-side water retreats, creating four private islands.

Gurner has appointed ICON to build the first 68-level tower.&nbsp;The build price is estimated to be over $350 million, and will take just over three years to complete.

<h2>Abadeen</h2>

Sydney&#39;s&nbsp;Abadeen Group launched their first project to the Gold Coast in 2021, starting in Palm Beach where they are developing Villea.

The 69-apartment tower at 26 Mawarra Street was a hit with local owner-occupiers and first home buyers, given its more affordable entry price compared to other projects in the area.

[smartcode_project:default project_id=106840 project_image_fid=172253]

Justin Brown, the CBRE chairman&nbsp;who founded Abadeen over two decades ago, said the company&nbsp;was delighted to have purchased such a strategic site to enter the Gold Coast market.

&ldquo;We are extremely excited with the purchase in what we believe is one of Australia&rsquo;s premier beachfront locations,&rdquo;&nbsp;Brown said when Villea launched earlier this year.

&ldquo;We know the market is running very strongly on the southern Gold Coast, in Palm Beach particularly, and&nbsp;believe the market is primed for this project.&quot;

<h2>Macquarie Developments</h2>

The Sydney-based Macquarie Developments Group made a big&nbsp;move on the Gold Coast,&nbsp;having secured approval to develop the tallest tower in&nbsp;Broadbeach.

The Gold Coast City Council gave the development the green light, after Macquarie&nbsp;amended the approved application after they bought the site in October through GV Property Group.

Macquarie Developments Group has altered the development approval that they inherited back in 2016, which was for a 42-level tower.

[smartcode_project:default project_id=7511 project_image_fid=185979]

Assana will now rise a further 11 levels, but will have considerably less&nbsp;apartments, down from 186 to 146, a move which sees the developer&nbsp;cater to growing trend of bigger apartments for the owner-occupier.

The slender, 52-level Assana,&nbsp;at 15 Rosewood Avenue, will be the tallest tower in Broadbeach, topping the nearby The Oracle Beach Tower, which peaks at 50 storeys.

[smartcode_project:default project_id=7511 project_image_fid=184691]

Head of Development and Construction Peter Galvin said his team worked closely with Gold Coast City Council, Gold Coast-based Urban Planning Services, and award-winning architects SJB, to achieve a successful outcome.

&ldquo;We wanted to improve on the existing DA because we felt we could deliver a better outcome for everyone &ndash; for us, the community, and future residents,&rdquo;&nbsp;Galvin said.

<h2>Pask</h2>

The Melbourne property developer Pask has been in Brisbane for a while, developing greenfield sites around the capital for a number of years.

But they announced themselves on to the Gold Coast in 2021 when they launched Esplanade,&nbsp;its luxury Palm Beach apartment development on the sought-after The Esplanade.

[smartcode_project:default project_id=107137 project_image_fid=182224]

Strong demand from buyers has seen half of the 16 residences snapped up prior to the project&rsquo;s retail sales launch.

NPA Projects Director Andrew Erwin saying he&#39;s seen interest from Gold Coast locals, as well as from Brisbane, and Melbourne.&nbsp;

&quot;Great design and quality craftsmanship are what Pask are well-known for in Melbourne,&quot;&nbsp;Erwin says, highlighting their work at the Millswyn, a collection of eight luxury apartments, two penthouses and a restored heritage residence in South Yarra&rsquo;s exclusive Domain precinct.

[smartcode_project:default project_id=107137 project_image_fid=182226]

<h2>Weiya Holdings</h2>

The Sydney developer Weiya Holdings has nearly sold out its first Gold Coast apartment development, DE-LUXE, the apartment redevelopment of the 1930s cinema and&nbsp;Old Burleigh Theatre Arcade&nbsp;in Burleigh Heads.

The ground level and arcade will be retained and restored, and will see 13 levels of luxury apartments built above the space.

[smartcode_project:default project_id=102645 project_image_fid=178414]

Just a few apartments remain in the Goodwin Terrace development, which could home Queensland&#39;s most expensive penthouse if the lavish spread fetches the $23 million asking price.

Their next project in the GC is&nbsp;Aalto, a 38-level luxury high-rise development on their recently acquired&nbsp;$50 million block of land at 75-79 Garfield Terrace, right on Northcliffe Beach.

<h2>Sammut</h2>

The Sammut Group has been operating in the luxury residential apartment space in Sydney&#39;s Sutherland Shire region for the best part of three decades.

They made a name for themselves on the Gold Coast in 2021 with their near sell-out of their first project in Queensland, Coast, on the sought-after Garfield Terrace in Surfers Paradise.

Within weeks of lodging its development application earlier this year, it sold more than half of the 43 beachfront apartments.

[smartcode_project:default project_id=101672 project_image_fid=185691]

&quot;The kind of swift sale is unlike anything I have experienced in my 35 years in the industry,&quot; Sammut Group CEO and co-founder Allen Sammut said.

There were sight unseen, full-floor apartment purchasers from Sydney and Melbourne in recent weeks. The project is set for completion in late 2023.

Everyone has wanted a piece of the Gold Coast in 2021, both developers and buyers, interstate and local

The interstate developers lighting up the Gold Coast apartment market

The Minister for Planning and Public Spaces Rob Stokes has set strict benchmarks for the assessment of rezonings and development applications by local councils and the state government.

A new planning order accompanied discussion paper have been released to seek reforms:

·           Consistent timelines for planning decisions across the planning system;

·           Powers for the Minister for Planning and Public Spaces to intervene where councils are not upholding their responsibilities;

·           Proposed improvements to the rezoning process to support prompt decision-making, more informed community consultation, and risk-based approaches to assessments, timeframes and fees; and

·           A new planning guarantee requires councils to make timely decisions or face having to refund planning application fees.

“Planning delays increase housing costs and prevent new housing supply from being delivered in a timely manner," Mr Stokes said.

"Our new planning guarantee will give the housing industry confidence that assessment timelines will be achieved.

“Last year we cleared 336 rezoning proposals through the system, paving the way for nearly 34,000 jobs and more than 40,000 homes. 

"These draft reforms will go a step further by reducing timelines by up to a year for standard applications.”

In the interim, a new guideline has also come into effect to better explain the rezoning process and introduce new practices to immediately improve the system, including earlier engagement and categorising proposals based on their complexity.

The Property Council of Australia has weclomed the "critical changes" to planning proposals and rezoning processes.

Property Council’s NSW Executive Director Luke Achterstraat said the changes would address some of the issues and problems which should alleviate pressure on housing affordability and development.
 
“With only 1 of 35 local councils in greater Sydney on track to meet their housing targets, it is clear that greater accountability and timeframes for approvals need to be set,” Mr Achterstraat said.
 
“These changes introduced have included timeframes for assessment of planning proposals which will help planning proposals that have sat in the planning system for unacceptably long periods of time, awaiting assessment.
 
“When a proposed development requires an adjustment to a planning control, the proponent must lodge a planning proposal. The process of obtaining approval can be lengthy, costly, uncertain and onerous, for even minor amendments.
 
“One application was sitting in system for nine years. This uncertainty deters investment and development, and adds additional holdings costs to development, which then drives up the cost of housing and property.”
 
Mr Achterstraat said planning proposal process over the years had become increasingly complex, lengthy and difficult for developers to navigate, with no consistency or certainty in outcomes.
 
“In particular the removal of hostile councils from the assessment and approval of rezonings which have been recognised by the Department of Planning as having merit,” he said.
 
“Previously, if a council refused a rezoning, the proponent could ask for a review by the relevant planning panel and if recognised as having importance, it was given back to the council to finalise, even though the council had previously indicated it did not support the planning proposal.
 
“Fixing our planning system will not happen overnight but the recognition of these supply issues is a very positive step – the Secretary’s focus on delivery, collaboration and trouble-shooting are excellent principles to take into 2022.”
 
For more information and to give feedback on rezoning reforms, visit https://www.planning.nsw.gov.au/rezoning-review.
 

Last year NSW processed 336 rezoning proposals, paving the way for nearly 34,000 jobs and more than 40,000 homes 

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