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?

Bigger balconies and more storage space in new apartment blocks have been proposed by the NSW Planning Minister Rob Stokes.

The draft regulations — officially known as the Design and Place State Environmental Planning Policy (SEPP) — are open for comment until February 28, with the government aiming to have them in place by the end of next year.

The draft Design and Place State Environmental Planning Policy (SEPP) includes updates to the Apartment Design Guide, The Building Sustainability Index (BASIX), a new Urban Development Guide and Design Review Manual.
 
The draft SEPP is on public exhibition from 10 December 2021 until 28 February 2022.

NSW Government architect Abbie Galvin said the proposed changes to apartment and urban design guides have responded to changes in how people are using their homes.

“During the pandemic we’ve seen our homes and apartments become schools, offices and gyms and many of us have enjoyed walking or cycling more in our neighbourhoods,” she said.

“This timely policy seeks to reflect our new way of living.”

Beauty and quality would be brought to the forefront of planning under a proposed policy that puts heathier communities, housing choice, cooler and walkable suburbs and sustainable development at its heart, Rob Stokes said.

He said the draft Design and Place SEPP would deliver "NSW’s first comprehensive design policy."

“This policy will allow designers to think outside the box and support innovation and creativity when building new homes, suburbs and cities. 

"Great places aren’t always the product of rules and regulation, they are the result of place based design that puts communities at their heart,” Mr Stokes said.  
 
“This principles-based policy is an important step in defining what matters and how through good processes and wiser decision making we can build a beautiful and prosperous future.”
 
Key benefits of the draft Design and Place SEPP include:
·       Greater housing diversity and choice, including provisions for flexible layouts for families, space to work or study, adequate sunlight, more storage and usable balconies
·       Homes that are more comfortable in both winter and summer and are cost effective to heat and cool
·       More, and better quality parks within reach no matter if you live in an apartment or new greenfield suburb
·       Greater permeability in new subdivisions that make it easier to walk or cycle to key destinations
·       Beautiful and productive high streets and centres that are better for business
·       Commercial buildings that operate at net zero, from day one of coming online.
 
For further information on the Design and Place SEPP and to provide feedback visit planning.nsw.gov.au/design-and-place-sepp 

and to join a public webinar featuring the NSW Government Architect, Abbie Galvin and members of the team, providing an overview of changes to the Apartment Design Guide. You can register to attend virtually on the event registration page https://events-apac1.adobeconnect.com/content/connect/c1/1892064813/en/events/event/shared/default_template/event_landing.html?sco-id=2521151947&_charset_=utf-8

NSW Government architect Abbie Galvin said the proposed changes to apartment design guidelines responded to changes in how people are using their homes

jchancellor-FAypfDUnLy

More balconies, storage and studies under draft NSW apartment design guidelines

The apartment giant, Meriton, has lodged plans for its next Gold Coast mixed-use apartment and retail tower.

Dubbed Pacific, the project will see 637 apartments built across the two&nbsp;50 and 70-levels at 152 Esplanade, a 4416 sqm beachfront site on the corner of The Esplanade and Main Beach Parade which they bought&nbsp;earlier this year.

It follows the predominantly NSW developer's first Gold Coast apartment project, Ocean, which is over 65&nbsp;per cent sold. That sits just down the street. Earlier this year, Meriton boss Harry Triguboff signalled his intent on developing away from New South Wales, with a continued effort in Queensland.

There will be 382 apartments in Tower 1, the taller north tower, and 255 in Tower 2, or the south tower.

<a href="/new-apartments/iconica">To follow the project and track its updates, enquire here.</a>

<img alt="" data-entity-type="" data-entity-uuid="" height="680" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/meriton_pacific_2.jpg" width="1200" />

The local architecture firm DBI Architecture designed Pacific, with a&nbsp;focus on creating larger apartments.

"Pacific moves away from smaller unit types to embrace the growing demand for larger apartments," DBI's design statement read.

"The lower residences offer a bedroom mix of one, two and three with the upper residences offering a mix of two, three and four. Both towers are topped by four bedroom sky residences with their own private roof top."

<img alt="" data-entity-type="" data-entity-uuid="" height="982" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/pacific_meriton_4.jpg" width="1200" />

DBI say that&nbsp;Pacific is set to deliver a new Iconic building on the Gold Coast skyline.

"This new address will be consistent with the contributions to the foreshore revival started by Soul and the subsequent public work developed by Council.

"The materiality relates to the established Gold Coast natural palette and sophisticated beach lifestyle.

<a href="/new-apartments/iconica">To follow the project and track its updates, enquire here.</a>

"This highly activated ground plane is a sincere attempt at place making, creating a food and retail destination to the less activated stretch of Surfers Paradise.

"The articulated and layered base of the building showcases cascading subtropical seaside landscaped terraces and a sculpted planted awning extending the suspended garden all the way to the ground floor and to the lobby.

<img alt="" data-entity-type="" data-entity-uuid="" height="1030" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/meriton_pacific_main.jpg" width="1200" />

"The walls and planters are cladded with textured stone and the pathways are covered with natural stone, complementing the clean design of the towers and offering an additional layer of sophistication."

The shared podium features beachfront retail and dining terrace facilities and offers extensive glazing and perimeter planting for a softer human scale feel to the street.

The podium is topped by residents’ facilities including lounge, gaming room, a gym, spa, steam room, a 25 metre indoor lap pool, and an outdoor plunge pool surrounded by lush green landscape.

Tower 1, the north tower, will be crowned by indoor amenity with another indoor 25 metre&nbsp;lap pool, another gym, this one with panoramic views, a spa, steam room and another games room.

<a href="/new-apartments/iconica">To follow the project and track its updates, enquire here.</a>

The Pacific puts another two huge towers which are set to change the Gold Coast skyline.

There are the three further approved towers at the four-tower Ruby dev​elopment,&nbsp;ranging from 30 to 60 levels. They were picked up by the Sydney hotelier Jerry Schwarz after it was sold from the collapsed Ra​lan.

GurnerTM picked up Ra​lan's other site, at Budds Beach, and is preparing&nbsp;to launch the first stage of the four-tower La Pelago, which will have nearly 1,000 apartments, next year.

SPG Land's Paradiso Place has another three towers with 792 apartments.

The local architecture firm DBI designed Pacific, with a focus on creating larger apartments

Exclusive first look: Meriton lodge plans for Meriton Pacific, Surfers Paradise beachfront apartments

One Coburg Quarter,&nbsp;the first building within the&nbsp;new Coburg masterplanned community, has been designed as a cultural focal point for the north of the precinct.

Comprising 125 one and two-bedroom apartments, the development sits within Future Estate&#39;s&nbsp;$1 billion project on Urquhart Street.

Masterplanned by Rothelowman, the design response references the colourful industrial past of Coburg, taking shape around the old Pentridge prison and its signature bluestone.

[smartcode_project:default project_id=3783 project_image_fid=144842]

<div>
&ldquo;Inspired by its context, the strong horizontal manifestation of the&nbsp;bluestone and mortar courses is reflected in the articulation and&nbsp;expression of the new fa&ccedil;ades&rdquo;, the architects said.

Remnants of the 19th century Pentridge buildings, the bluestone borders the site on three sides and harmonises the old and the new.

&ldquo;Drawing inspiration from the iconic boroughs of New York City and London, our vision for Coburg Quarter is of a new urban com​munity with soul, creativity and a genuine sense of neighbourly spirit&rdquo;, Future Estate managing director, Ben Anderson, noted.

Though while it has a reverence for the mixed-use precincts that help to define these international cities, Coburg Quarter&rsquo;s identity is truly &ldquo;Northside,&rdquo; a natural extension of Brunswick, Northcote and Fitzroy.

[smartcode_project:default project_id=3783 project_image_fid=180411]

Passing through the heritage walls, residents will entire a landscaped courtyard into a living lobby, designed to be synonymous with a&nbsp;luxury hotel.

Communal and garden spaces on ground level, and a sky garden on level eight complements the European-style central square aimed to engage with the broader community.

The project will integrate residential and commercial aspects, with future development plans for a new hospital and aged care.

[smartcode_project:default project_id=3783 project_image_fid=144844]

Spacious floorplans characterise the One Coburg Quarter homes, capturing incredible views and maximising light through full-height windows and clever design.

Its sculptural form extends from its fa&ccedil;ade into its communal areas, with the rooftop space featuring sculptural forms that contrast the robustness of the older heritage fabric.
</div>

Offering 148 apartments, the multi-unit development boasts enviable amenity, including residents bar, lounge, library and roof garden.

[smartcode_project:default project_id=3783 project_image_fid=180409]

Buyers can feel at ease knowing their home is soon to be a part of the comprehensive Coburg Quarter masterplan, connecting Melbourne&rsquo;s northern hub to the future.

[smartcode_project_cta: project_id=3783]

Masterplanned by Rothelowman, the design response references the colourful industrial past of Coburg

max.kwok_55688

Design brief: How the Rothelowman-designed One Coburg Quarter came together 

Rising nine stories in Melbourne&rsquo;s inner-northern suburb of Carlton, Encompass is the latest residential project from leading developers Frasers Property and Citta Property Group.

The development, under construction by the reputable construction firm Harris HMC,&nbsp;has been designed by Jackson Architecture to present a collection of premium one, two and three-bedroom residences.

Residents arriving at the development, situated on the corner of Elgin and Nicholson Streets, will be greeted by an architecturally distinct building, establishing a unique urban presence within Carlton.

Staying true to the neighbourhood&rsquo;s cultural heritage, the architects utilise &lsquo;masonry stone&rsquo; textured concrete on the fa&ccedil;ade, reminiscent of the original blue cobblestone streets of Carlton.

The building&#39;s form is sculpted by its balconies and terraces, creating a layered effect, and providing a level of privacy, outlook and outdoor living for residents to enjoy.

&ldquo;Pop-out perforated metal clad balconies and staggered anodised window hoods add another element of articulation to the fa&ccedil;ade&rdquo;, the project marketing reads.

The lobby is also framed by perforated metal finishes which continues into the foyer, merging the fa&ccedil;ade with the interior.

[smartcode_project:default project_id=5116 project_image_fid=188246]

Open and bright living spaces are the feature of each residence, with 2.7m ceilings, paved terraces and balconies and floor-to-ceiling windows.

Oak timber finish flooring and the choice between two colour schemes, light or dark, add a warmth to the home

&ldquo;The kitchens at Encompass are the perfect combination of contemporary style and functionality&rdquo;, the developers note.

[smartcode_project:default project_id=5116 project_image_fid=188244]

Premium appliances, matte timber-look, full-height cabinetry and dual-tone cupboards contrast against the reconstituted stone benchtop in raw concrete.

Kitchens also include a pull-out pantry and&nbsp;sophisticated matte black tapware to present a cohesive minimalist style. An&nbsp;integrated fridge and freezer is an optional upgrade.

Bedrooms are similarly warm and inviting with built-in robes, wool loop pile carpets and some featuring a study nook.

[smartcode_project:default project_id=5116 project_image_fid=188243]

Encompass bathrooms follow on from the clean lines and minimalist style of the residence, with feature black fittings, terrazzo floor tiles and a hand-blown Hollywood-style wall lamp.

Creative architecture and considered landscaping mean residents can feel excited whether they are in their private apartments or enjoying the communal amenities on offer.

The development features a rooftop lounge, outdoor barbeque, alfresco dining and lounge areas and a fully-equipped kitchen to provide an escape from the hustle and bustle of the city below.

[smartcode_project_cta: project_id=5116]

Residents arriving at the development, situated on the corner of Elgin and Nicholson Streets, will be greeted by an architecturally distinct building

Inside Frasers Property’s new Carlton apartments, Encompass

The Sydney-based Iris Capital has officially launched Victoria &amp; Albert, their&nbsp;first apartment project on the Gold Coast.

The two 40 and 56-level towers will home over 400 apartments, with an intent on developing something that suited every type of buyer.

Iris Capital, led by the hotelier and developer Sam Arnaout, had the local architecture firm, DBI Architecture, create a development with subtropical design traits unique to the Gold Coast.

Urban caught up with DBI Architecture Director&nbsp;Raith Anderson to discuss about the project.

JR: What was the brief from Iris Capital for V&amp;A? What were the key features that were essential?

RA: The client brief was simple, "Create 'The'&nbsp;lifestyle destination on the Gold Coast."

[smartcode_project:default project_id=107928 project_image_fid=184934]

Resort style living in the heart of Broadbeach with every amenity that you would need within the development, or within short walking distance. Apartments had to be designed to be liveable i.e. large spaces that flowed with quality finishes that would meet the needs of the full range of potential purchasers:

•&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; High end buyers

•&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; families or couples downsizing

•&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; investors

•&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; first home buyers

[smartcode_project:default project_id=107928 project_image_fid=184933]

The focus on amenity was recognised early as being important which resulted in the entire podium containing a range of facilities, including a swimming pool for each tower, and both towers being afforded their own more exclusive amenities located at the top of the building.

The overall design was to appear seamless through the integration of the architecture, interiors and landscape.

JR: Was there a project that inspired you in the design?

RA: There were two key initial ideas that set the initial design direction. The first was the James Street precinct in the Valley, Brisbane. For the podium we were looking to create a sense of place that was welcoming, warm, and had a high level of texture and materiality. We wanted to create a vibrant, active environment that would meet the needs of the residents and the surrounding locals.

[smartcode_project:default project_id=107928 project_image_fid=184936]

The second idea was more what we weren’t looking for on this project. No white pre-cast curves. DBI started using this language 17 years ago on the Gold Coast so we were looking to create a more current style that would complement the luxury living the development would provide. A style that was clean and sophisticated. One that would contrast with the podium and the immediate surrounding buildings.

JR: What were the most important features of the site/location which influenced your design?

RA: Given the sites location and being one of the last major sites available for redevelopment in Precinct 1 of Broadbeach meant that the opportunity had to be maximised. The sites proximity to the beach required the apartments to be designed to make the most of the view opportunities to water. Having two street frontages, one being the Victoria Avenue Mall, meant that connectivity was important, and the legibility of that connection through the projects retail offering to Albert Avenue was clear.

The mixed-use nature of the heart of Broadbeach allows for a diverse range of uses within the development which provides the opportunity for a more intense, more active, style of development. We also saw the occasion to express the sub-tropical nature of the Gold Coast within the building design and in particular the podium with greenery draping the façade connecting down to a well landscaped streetscape.

[smartcode_project:default project_id=107928 project_image_fid=178909]

JR: What was the biggest challenge in the design of V&amp;A?

RA: The biggest challenge was bringing such a diverse range of uses and project requirements together in what was seen as a heavily constrained site, and from this creating an overall cohesive concept. It was certainly an achievement. This is where having such a great team comes into play. These complex projects are challenging, and it takes a focussed team to deliver them.

JR: What are the differences between the two towers, apart from the density?

RA: The concept was to have the most eastern tower, The Al​bert, with the most direct views to water, to be the more exclusive, residents only tower. The apartments in this tower are consistently larger. The western tower, The Victoria, will have a mix of residents. Both towers have a very high level of amenity with the podium level spanning the two towers.

From an expression point of view, The Victoria tower, being the taller of the two will appear more dominant but this affords the top levels of the tower 360 degree views.

[smartcode_project:default project_id=107928 project_image_fid=180734]

JR: How do you approach designing a two-tower development?

RA: As with any project design, we start with a detailed site and contextual analysis to ensure that orientation, views, ventilation, and solar aspect are well considered. With two towers we have the benefit of being able to manipulate both forms and their layouts to maximise the overall design outcome for the betterment of the development. For example, while the western tower is located “behind” the eastern tower, by making the floorplate of the eastern tower more compact and lengthening the floor plate of the western tower, we were able to maximise solar and view orientations so that nearly every apartment is afforded a view of the water and receives natural daylight.

With a multiple tower development there are generally two ways of approaching the building heights. The first is that the towers are a twin of each other. The second is to the vary the hei​ghts so that each tower has it’s own identity. They still need to compliment each other and read as a cohesive family. This is achieved through the external expression and selection of finishes. We chose the latter approach.

Being a mixed-use development, we were able to create a very strong base, this being the sculptured podium which anchors the overall development and sits it firmly within the heart of Broadbeach.

[smartcode_project_cta: project_id=107928]

The client brief was simple, "Create 'The' lifestyle destination on the Gold Coast."



How we designed Victoria & Albert, Broadbeach apartment development: Five minutes with DBI's Raith Anderson

MaxCap Group has confirmed it has arranged a $320 million funding facility for the high profile Trio project in Melbourne&rsquo;s Box Hill.

It is being developed by CBD Group with builder Hickory as the construction partner at 845-851 Whitehorse Road.

The towers range from 16 to 38 levels with 427 residential apartments and 128 hotel rooms and senior independent living apartments.

The total GRV of the project is expected to be circa $450M on completion.&nbsp;

&ldquo;This is not only about delivering high quality residential, commercial and hotel accommodation but also outstanding amenity and convenience for residents, hotel guests and commercial tenants alike,&rdquo; said Bill McWilliams, MaxCap Chief Investment officer.

&ldquo;We are delighted that Trio is already well advanced with the project builder Hickory nearing completion of basement works.&rdquo;

Trio will also include a two-level childcare centre, 52 retail units, 45 office suites and 680 car parks.&nbsp;

[smartcode_project:default project_id=4134 project_image_fid=27479]

&ldquo;This is an extremely well located project in the heart of Box Hill with excellent public transport, and education facilities, in particular high accessibility to Box Hill Hospital and Box Hill TAFE,&rdquo; said Bill McWilliams.&nbsp;

&ldquo;The already strong market demand across all product types reflects the positive positioning of Trio, suited to residential and commercial uses.&nbsp;

&quot;The benefit of having all services within the one development strongly appealed to purchasers.&rdquo;

McWilliams said there was also a reduced pipeline of competing large-scale projects projected in the East of Melbourne over the next 12 &ndash; 24 months.&nbsp;

As one of Melbourne&rsquo;s fastest growing suburbs, Box Hill&rsquo;s population has grown by 18% over the past five years compared with the broader metropolitan Melbourne growth of 12%.&nbsp;

Box Hill Central Activity Centre houses 8,000 residents as at June 2019, with the population forecast to grow to 11,000 by end of 2021.

MaxCap Group has invested more than $12.3bn across more than 450 loans since inception in 2007.

Trio is a mixed-use project comprising three towers

Trio, Box Hill secures MaxCap funding facility 

The first residents have started moving into Mirvac&rsquo;s racecourse-fronting Tulloch House development in Brisbane, with settlements underway on the sold-out $77 million building.

All 83 apartments in the eight-level Tulloch House, the second stage of the publicly-listed property group&rsquo;s Ascot Green masterplanned community alongside Eagle Farm Racecourse, were snapped up in July, well ahead of the building&rsquo;s completion, for between $450,000 to more than $2 million.

Mirvac is working to bring the next stage &ndash; Charlton House &ndash; to the market as soon as possible to meet the exceptional demand for apartments in the community and Brisbane, with registrations of interest already being taken and preview appointments anticipated to commence early next year.

[smartcode_project:default project_id=27704 project_image_fid=71319]

The&nbsp;subtropical-inspired apartment block will rise 14 levels with 111 apartments and a rooftop with panoramic city and track views. That will also feature a private dining room and lounge areas.

It will home the community&#39;s first four-bedroom apartments, as well as four integrated terraces with direct access to green open space fronting the racecourse.

The ground level will feature a gym and resort-style pool overlooking the racecourse.

[smartcode_project:default project_id=27704 project_image_fid=71321]

The luxury Ascot Green community is the first in Australia to be developed on a racecourse and is part of Brisbane Racing Club&rsquo;s $1.2 billion masterplan redevelopment of Eagle Farm to transform the precinct into a vibrant place to live, work and enjoy.

Australian Bureau of Statistics (ABS) figures show Queensland recorded a net gain of 7,000 people from internal migration in the March 2021 quarter, with 3,300 people moving to Greater Brisbane. The figures showed 115,000 people also immigrated to Australia to the year ending March 2021.

Mirvac is working to bring the next stage – Charlton House – to the market as soon as possible to meet the exceptional demand for apartments

Off the plan buyers move in to Mirvac's Tulloch House at Ascot Green masterplan

2021 will go down as the biggest sales year the Gold Coast has seen for new apartments since the property consultancy Urbis began monitoring the sector.

The number of apartment sales for the September quarter surged to 690, bringing the total of new apartments sold on the Gold Coast in the first nine months of this year to 1,882.

This figure has already eclipsed the previous full-year record of 1,556 sales in 2016.

There&#39;s expected to be further figures which show the 2,000 mark was broken over the full calendar year, which has eyes looking toward 2022, and what&#39;s in store for the Gold Coast apartment market.

There&#39;s been a late push in to Christmas, later than any other year in living memory, to launch projects in to 2022.The Gold Coast is set to see a huge wave in early 2022 of some of the biggest apartment developments the suburb has ever seen.

We&#39;ve had a look at some of the developments to watch out for.

<h2>La Pelago, Surfers Paradise</h2>

Developer: GurnerTM 
Address: 108 Ferny Avenue, Surfers Paradise

The most anticipated development&nbsp;is no doubt the first foray in to the Gold Coast area by the Melbourne-based developer, GurnerTM.

Led by&nbsp;Tim Gurner, GurnerTM are set to launch La Pelago, the $1.25 billion, four-tower development which will bring over 1000 apartments to the Surfers Paradise dress circle Ferny Ave.

<img alt="" height="697" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/gurner_main_1.jpg" width="1200" />

<a href="/new-apartments/aquia-la-pelago-108-ferny-avenue-surfers-paradise">To be the first to know when La Pelago hits sale, enquire here.</a>

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.

Tim&nbsp;Gurner&nbsp;says&nbsp;La Pelago will be a new world experience for a beachside precinct that will be unlike anything ever attempted in Australia before, with an international hotel name that will be a new entrant to the Australian market.

<h2>Paradiso Place, Surfers Paradise</h2>

Developer: SPG Land and Gordon Corp 
Address: 103 Ferny Avenue, Surfers Paradise

Just up the street and set to go head to head with Gurner is Paradiso Place, another mega-development site.

[smartcode_project:default project_id=106566 project_image_fid=185855]

Recently launched, Paradiso Place will see&nbsp;792 apartments constructed, with a $4 million sales gallery to boot. At 750 sqm, that alone is the largest display suite-style marketing touch point in the southern hemisphere.

The apartments, across three towers, will be part of an ever wider precinct, which will include almost 150,000 sqm of retail, amenities, and residential living.

SPG Land chairman David Wang says Paradiso Place will create a long-awaited destination precinct to fill the gaping void in the Surfers Paradise cityscape.

[smartcode_project:default project_id=106566 project_image_fid=185852]

&ldquo;Paradiso Place is strategically located between the Marriott Hotel, main beach and the traditional Surfers Paradise beachfront areas,&quot; Wang says.

<h2>Yves, Mermaid Beach</h2>

Developer: Hirsch &amp; Faigen 
Address: 7-9 Mermaid Avenue, Mermaid Beach

2021 marked the entry to the Gold Coast apartment market for the Melbourne-based developer Hirsch &amp; Faigen. They started with the 78 apartment project Hemingway at Palm Beach,&nbsp;which sold out in a matter of months, before heading to Kirra Beach for Emerson, something more boutique with 27 apartments starting from just shy of $3 million.

Their third project, just launched, is the three tower development Yves, in the sleepy Gold Coast village of Mermaid Beach.

[smartcode_project:default project_id=102451 project_image_fid=186075]

That will have 145 apartments across three towers, designed by Rothelowman, who handled the design of Hemingway and Emerson.

&quot;We all know the Gold Coast has changed a lot in the last 60 years, and as more and more people escape the crowded &lsquo;southern cities&rsquo;, we anticipate she will change even more,&quot;&nbsp;Rothelowman&nbsp;advised in their design statement.

&quot;Between the sleepless Broadbeach &amp; gentrified Burleigh, Mermaid Beach captures the diminishing modesty&nbsp;of the Gold Coast. It is a microcosm with cafes, craft and culture. A community of locals and tourists relishing a more humble urban lifestyle than the north &amp; south.&quot;

[smartcode_project:default project_id=102451 project_image_fid=186080]

<h2>AURA, Surfers Paradise</h2>

Developer:&nbsp;ASF Group 
Address: 59 Garfield Terrace, Surfers Paradise

In Q1 2022, the ASF Group are set to launch to the market AURA, a collection of&nbsp;just 26 full floor apartments, and one tri-level penthouse, across its 31 levels.

The tower, on the dress circle beachfront Garfield Terrace, will also feature an elevated lobby, gym and a club, activate all four&nbsp;sides defining a podium-like form through a dynamic raking column.

<a href="/new-apartments/59-garfield-terrace">To be the first to be contacted when AURA hits the market, enquire here.</a>

AURA follows ASF&#39;s recent&nbsp;launch of The AU, an even more exclusive block of just 12 apartments.

One of the three-level penthouses in The AU just sold for $8.8 million.

[smartcode_project:default project_id=6762 project_image_fid=184136]

<h2>Tapestry, Chevron Island</h2>

Developer: Siera Group 
Address: 39&nbsp;Darrambal Street, Surfers Paradise

Tapestry, the first Gold Coast apartment project for the Brisbane-based Siera Group, will be launching in early 2022.

Designed by BDA Architecture to&nbsp;pay homage to the Island&#39;s new Home of the Arts precinct,&nbsp;Tapestry will&nbsp;have 83 apartments across its 17 levels.

Offering two and three-bedroom apartments, Tapestry will be crowned by an exclusive resident rooftop featuring a resort-style&nbsp;swimming pool with day beds, a spa, and a pool deck. A&nbsp;barbecue and alfresco area, will sit in landscaping, as will dining surrounded by an edible garden.

There&#39;s set to be a private dining space with a terrace and fire pit, a gym with sauna and steam room, and a lounging area with a lawn.

[smartcode_project:default project_id=108641 project_image_fid=179071]

Siera&#39;s managing director Brett Thomson said he wanted to create something that was targeted at a wider net, rather than the multi million dollar apartments that are limited to the fortunate few.

&quot;We want the local owner occupier, who could be living&nbsp;in a medium-size house in the area, to be able to downsize or rightsize, or have others who just want to find a new lifestyle, and have the opportunity to do so without being priced out.&quot;

<a href="/new-apartments/tapestry-chevron-island-39-darrambal-street-chevron-island">To be the first to be contacted when Tapestry hits the market, enquire here.</a>

<h2>Lagoon, Main Beach</h2>

Developer: Drew Group 
Address: 11 Cronin Avenue, Main Beach

The longstanding South East Queenslander developer,&nbsp;Drew Group, are set to create which will be the largest Main Beach devevelopment since the 1980s, set over a huge amalgamated 4,000 sqm site.

<img alt="" height="668" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/lagoon_main_beach_1.jpg" width="1200" />

Plus Architecture&nbsp;designed the 248 apartments, which will be spread across two towers, linked by a central resort-style heated swimming pool and spa area.

Drew Group, led by Jonathan Drew since 2005, have history in the area and know it well,&nbsp;having previously created the 16-level, 29-apartment developer Cerulean on&nbsp;Pacific Street.

<a href="/new-apartments/lagoon-main-beach-11-23-cronin-avenue-main-beach">To be the first to be contacted when Lagoon&nbsp;hits the market, enquire here.</a>

&ldquo;As a local I feel an overwhelming responsibility to deliver an outstanding result for the Main Beach community and the future residents of Lagoon and this concept will be the central focus throughout the project until future residents move in,&quot; Drew said.

<img alt="" height="670" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/lagoon_main_beach_3_0.jpg" width="1200" />

Their most recent project The Village, some 72 apartments and beach houses at Palm Beach,&nbsp;was one of the fastest selling project in the Gold Coast over 2019 and 2020, securing all of the apartments in just three months.

<h2>Miles Residences, Kirra Beach</h2>

Developer: KTQ 
Address: Corner of Miles St and Marine Parade

The second stage of the $380 million redevelopment of the Kirra Beach Hotel is set to launch in early 2022. The first stage only last a few months before it achieved a snappy sell-out, with the 50 per cent sold status coming in just a few weeks of launch this time last year.

[smartcode_project:default project_id=27575 project_image_fid=138620]

Residents will have access to the raised 25 metre swimming pool with gun-barrel, never to be built out views north across the beach. The Kirra Beach Hotel will be redeveloped as part of the project, with a new pavilion added.

No words as to how many apartments will be part of the next stage.&nbsp;

KTQ group&nbsp;have&nbsp;a very successful track record across residential and commercial projects in recent years. They have won a number of awards for Elements of Byron Bay, their exclusive and luxury northern NSW retreat.&nbsp;They also developed Bayshore Bungalows, also in Byron, which they also developed and own and operate.&nbsp;

[smartcode_project:default project_id=27575 project_image_fid=138605]

KTQ are also set to release something special on their massive amalgamated Garfield Terrace beachfront site.&nbsp;

<h2>Sea, Burleigh Heads</h2>

Developer: FORME 
Address: 96 The Esplanade, Burleigh Heads

The local developer FORME are again putting together something special which launched shortly before Christmas.

They&#39;re selling Sea, their second Burleigh Heads development by the high-profile architecture firm Koichi Takada.

[smartcode_project:default project_id=99968 project_image_fid=159158]

The boutique apartment building of just 27 apartments follows the rhythms and designs as their sold-out Goodwin Terrace projects Norfolk and Luna.

Demand was so high for Norfolk, which recently settled as one of the Gold Coast&#39;s most expensiave apartment developments, that Forme boss David Calvisi put together the same team for Sea, with the aim to create a similar-style project slightly further south on The Esplanade.

Also featuring interiors from the Melbourne-based Mim Design, Sea&nbsp;comprises half-floor apartments, each with three bedrooms and&nbsp;240 sqm of living space. The full-floor apartments of around 480 sqm are configured to include three ensuited bedrooms, a multi-purpose room, media lounge, home gym, walk-in wine display bar, and a&nbsp;lifestyle space with a fireplace and butler&rsquo;s pantry.

Residents are afforded exclusive access to an array of in-house amenities including a pool, sauna, ice baths, gymnasium and pilates studio, and an alfresco dining terrace serviced by an integrated barbecue kitchen ensconced by idyllic gardens.

&nbsp;

<h2>Palais Coolangatta</h2>

Developer: BeckDev 
Address: 31-35 McLean Street, Coolangatta

Another Q1 release will see Palais Coolangatta, the $130 million apartment development on the site of the landmark Jazzland Dance Palais that has stood on the 2,355 sqm site since the 1930s, hit the market.

Developed by the Melbourne-based BeckDev, Palais Coolangatta will have&nbsp;175 one, two and three-bedroom apartments, as well as resident facilities and a street-level plaza with retail space.

<img alt="" height="668" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/palais_coolangatta_2_0.jpg" width="1200" />

BDA Architecture has designed the plans for the development.

<a href="/new-apartments/palais-coolangatta-31-35-mclean-street-coolangatta">To be the first to be contacted when Lagoon&nbsp;hits the market, enquire here.</a>

Ben Beck, director of BeckDev and son of the industry veteran Max Beck, said Coolangatta stood out&nbsp;as one of the Gold Coast&rsquo;s gems.

&quot;Its riches lie in its natural amenity, world class surfing beaches and deep sense of community,&quot; Beck said.

<h2>Eden Avenue, Coolangatta</h2>

Developer: Kingbella Group, Steer Developments, CAPDEV Partners 
Address: 44 Eden Avenue, Coolangatta

A joint venture trio of Kingbella Group,&nbsp;Steer Developments, and CAPDEV Partners, are teaming up for a 12-level Coolangatta project.

<img alt="" height="725" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/eden_ave_coolangatta_4_3.jpg" width="1200" />

The project, designed by&nbsp;Plus A rchitecture, who describe the tower as &quot;beachside luxe living&quot;,&nbsp;will home 91 apartments and three townhouses.

To be the first to be contacted when Eden Ave&nbsp;hits the market, enquire here.

It will sit across four amalgamated lots totalling 1,924 sqm between 44 and 50 Eden Avenue.

The development will be&nbsp;crowned by a rooftop amenity level featuring an infinity edge pool, sun beds, adjoining spa, a wet deck, garden day beds and barbecue booths.

<h2>Belvue, Runaway Bay,&nbsp;</h2>

Developer: Polites Property Group 
Address: 13-15 Bayview Street, Runaway Bay

Runaway Bay is set to see its first residential tower to be developed in the idyllic Gold Coast waterfront enclave for almost three decades.

Belvue, French word for beautiful view,&nbsp;is set to be developed in a joint venture between Monaco Property Group and Polites Property Group, who has just lodged a development for the project.

<img alt="" height="728" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/belvue_runaway_bay_0.jpg" width="1200" />

To be the first to be contacted when Belvue hits the market, enquire here.

The luxury tower on a 3,116 sqm site at 13-15 Bayview Street, has been designed for the&nbsp;owner-occupier, with just whole floor apartments.

The 31 apartments, which have four bedrooms each (or three and a multi-purpose room), will each take up a level of the 31 storey building, which is reminiscent of a resort-style hotel, without the mass number of rooms.

Plus Architecture, who are handling the design, call Belvue&nbsp;&quot;the sophisticated newcomer to Runaway Bay.&quot;

<h2>Myst, Broadbeach</h2>

Developer: Orenda Projects 
Address: 14 First Avenue, Broadbeach

The owner-occupier focused residential tower Myst, in the heart of Broadbeach, is set for an early 2022 launch.

[smartcode_project:default project_id=95045 project_image_fid=179473]

The&nbsp;Plus Architecture-designed plans for 14 First Avenue&nbsp;will have&nbsp;46 apartments across the 33-level tower, 45 of those being three-bedroom apartments, which, apart from the three whole-floor sub-penthouses, will span half of a floor.

The top two levels will be dedicated to a two-level penthouse, the only four-bedroom apartment in the building. That will have its own private terrace with a swimming pool.

2021 will go down as the biggest sales year the Gold Coast has seen for new apartments since the property consultancy Urbis began monitoring the sector

Top 12 Gold Coast apartment developments to watch out for in 2022

Suburbs with good access to commuter public transport that typically commanded higher rents have faced pressures during the pandemic.

&quot;Covid has changed the benefits of short commutes,&quot; says Angus Moore, an economist with REA Group&#39;s PropTrack who noted rental price recovery hasn&#39;t seen evenly across cities.

&quot;Suburbs which had a high share of public transport users, have seen median rents decline and have significantly underperformed other areas.

&quot;Renting in a suburb where it&rsquo;s easy to commute to work wasn&rsquo;t a priority during Covid,&quot; he said.

[smartcode_project:default project_id=2806 project_image_fid=175415]

&quot;For many renters, the benefits of living close to work dissipated in 2020. If you&rsquo;re working from home, there&rsquo;s far less need for public transport.

He noted even for essential workers who were still going to work, private rather than public transport became much more attractive.

&quot;There was less traffic on the road and travelling via public transport carried higher risks,&quot; he noted.

This re-evaluation shows up in how rents have changed since the pandemic began, he said.

&quot;Rents have fallen sharpest in suburbs where people stopped travelling to work.

[smartcode_project:default project_id=2929 project_image_fid=137896]

&quot;The relationship is again extremely stark.&nbsp;

&quot;The larger the decline in the number of people going to work, the bigger the fall in median rent for that suburb.

In suburbs where people have mostly kept going to work, rents have grown &ndash; and have done so quite strongly (20% or more) in some areas, the report noted.

As the Covid crisis fades and people return to the office, shorter commutes will start to become more attractive again.

While it&rsquo;s too early to know whether the premium inner-city suburbs used to command will fully return, we can already see some signs in Western Australia, South Australia, Tasmania, and Queensland &ndash; where Covid has been less severe.

[smartcode_project:default project_id=3730 project_image_fid=171615]

In these states, the number of people going to their workplaces is mostly back to pre-pandemic levels.

Rents in these cities have been growing faster than in Sydney and Melbourne.

And while rents in the inner city have grown slower than in the outer suburbs, there is much less of a divide than in is the case in Melbourne and Sydney.

This suggests the weakness in rents we see in inner-city Melbourne and Sydney will start to reverse.

Even now, public transport use is roughly 25% lower than pre-pandemic in SA and WA, even though these states have roughly as many people going to work as pre-Covid.

If the shift away from public transport is permanent, inner city suburbs might have permanently lost some of their commute-convenience appeal.

Rents slowly returning to pre-Covid level in commuter belts: Proptrack

Encompass is a new development rising nine storeys in Melbourne&rsquo;s inner-northern suburb of Carlton, delivered in partnership between Frasers Property and Citta Property Group and currently under construction by the reputable Harris HMC.

At the &ldquo;centre of everything&rdquo;, Encompass is located on the corner of Elgin and Nicholson Streets, and the latest in a strong portfolio of premium residences by the two leading property groups.

Comprised of one, two and three-bedroom apartments, the project provides a great lifestyle opportunity for discerning buyers seeking the best of architecture, outdoor spaces, sustainability, and urban living.

But why invest? Urban takes a look at eight reasons why investors are showing interest in this new development.

1. Melbourne&rsquo;s most walkable neighbourhood

Carlton has been named Melbourne&rsquo;s most walkable neighbourhood by Walk Score, with a score of 97 attributed to its convenient local amenities.

[smartcode_project:default project_id=5116 project_image_fid=188289]

Residents at Encompass can walk to around 50 restaurants, bars and coffee shops within five minutes.

Benefitting from strong local retail and amenity, education and employment hubs, as we shall soon explore, Carlton has it all.

2. Apartment affordability

Apartments in Carlton offer an affordable option for renters with median weekly rents registered at $360 for the year to March 2021, according to Urbis.

For new apartments&nbsp;in Carlton, median weekly rents registered at $410; a $50 premium over older apartment stock.

[smartcode_project:default project_id=5116 project_image_fid=188281]

This, coupled with a gross rental yield of 5.1 per cent, provides a big positive for potential investors looking to purchase an apartment in Carlton.

Investors are also likely to achieve a better return on investment as the rental market stabilises as a result of ongoing tenant activity.

3. Public transport

[smartcode_project:default project_id=5116 project_image_fid=188283]

With trams running along Swanston Street, Nicholson Street and Lygon Street, Encompass residents can feel connected to the Melbourne CBD.

The new Parkville station will also enhance the local public transport offering of Carlton, providing nearby access to the CBD and the remainder of Melbourne.

4. Open space and neighbourhood amenities

Leisure and open space are an important part of any neighbourhood, and Carlton is rich with parklands and gardens.

[smartcode_project:default project_id=5116 project_image_fid=188280]

World heritage site Carlton Gardens boasts nearly 20-hectares of parkland, and contains the Royal Exhibition Building, Melbourne Museum and tennis courts.

Other neighbourhood amenities include the Carlton Baths, which features a 25-metre public pool, as well as a health club and sporting facilities.

5. Retail and restaurants 

Carlton is characterised by its young and culturally-diverse population, reflected in its great bars and trendy caf&eacute;s.

Lygon Street, or &ldquo;Little Italy&rdquo; as it&rsquo;s known by locals, features almost 150 retail stores, including 80 caf&eacute;s, bars and restaurants, many of which are Italian. &nbsp;

Residents are never far from local retail amenity, with a Woolworths shopping centre nearby, as well as an IMAX cinema, bank and clothing stores.

6. Over $11 billion in infrastructure investment

[smartcode_project:default project_id=5116 project_image_fid=188285]

$11 billion in state and local government infrastructure investment is currently in the pipeline to benefit Encompass residents.

Key projects include the $11 billion new metro tunnel project to improve train capacity by close to 60 per cent and the $9 million University Square masterplan.

The $500 million redevelopment of the inner-city innovation precinct will also serve to introduce a new mixed-use precinct to the suburb that features office space, public engagement space and retail offerings.

7. Great design

Designed by Jackson Architecture, the design of Encompass is sure to see renters seek out an apartment in the new development.

[smartcode_project:default project_id=5116 project_image_fid=188287]

The architecturally distinctive building will establish a unique urban presence within Carlton and Fitzroy, while staying true to the neighbourhoods&rsquo; cultural heritage.

This extends into the interiors with open and bright living spaces, a paved terrace or balcony in each residence and carefully considered floorplans.

8. Nearby educational institutions

A number of educational institutions are within close proximity of Encompass, including Australia&rsquo;s leading university, the University of Melbourne, which sits along the western border of Carlton.

Several major universities are situated within walking or cycling distance for Carlton residents, including RMIT University, Victoria University Flinders Campus and the University of Melbourne&rsquo;s Parkville campus.

Primary schools nearby include the Carlton Gardens Primary School, Carlton Primary School and Carlton North Primary School.

[smartcode_project_cta: project_id=5116]

Urban takes a look at eight reasons why investors are showing interest in this new development

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