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

Joel Robinson

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

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

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

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

Owners move in as Esprit completes at Rainbow Bay

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

Mosaic's Midas Touch

<a href="https://www.apartments.com.au/developers/urban-property-group">Urban Property Group</a> (Urban) has broken ground at Keira Place, its new major mixed-use residential precinct in the heart of Wollongong CBD.

Held at 120-122 Smith Street, the groundbreaking marked the commencement of construction on Stage 1 of <a href="https://www.apartments.com.au/new-apartments/keira-place-120-122-smith-street-wollongong-nsw-2500">Keira Place</a>, with the opening of the new display suite. 
&nbsp; 
Keira Place is a State Significant Development that will deliver new housing supply, affordable homes and inclusive living options within walking distance of Wollongong’s CBD, coastline, transport, hospital and education precincts.

[smartcode_project:default project_id=144442 project_image_fid=369868] 
&nbsp; 
Stage 1 is now under construction and will deliver 150 apartments across two residential buildings, including 27 affordable housing apartments and 18 specialist disability accommodation dwellings, along with activated ground-floor retail and commercial space. 
&nbsp; 
Urban Co-CEO Patrick Elias said the groundbreaking represented a significant milestone for Wollongong and reflected Urban’s long-term commitment to regional cities.

“Today’s groundbreaking is about turning approvals into homes and moving quickly to deliver much-needed housing in Wollongong’s city centre,” Elias said. 
&nbsp; 
“Keira Place will provide a diverse mix of homes close to jobs, transport and services, while setting a high benchmark for quality, durability and consumer protection.”

[smartcode_project:default project_id=144442 project_image_fid=369869] 
&nbsp; 
Hon. Paul Scully MP, Minister for Planning and Public Spaces, Member for Wollongong said Keira Place is exactly the kind of development Wollongong needs – delivering new homes close to transport, employment and services, while supporting the continued growth and renewal of the CBD.

"This project reflects the Minns Labor Government's commitment to increasing housing supply in well-located areas." 
&nbsp; 
Wollongong Lord Mayor Cr Tania Brown said Keira Place would deliver lasting community benefits for the city. 
&nbsp; 
"Keira Place is a welcome addition to Wollongong's CBD delivering new housing, affordable homes and activated street-level spaces that will benefit our community for years to come," Brown said. 
&nbsp; 
"Urban Property Group's investment reflects the confidence that quality developers have in Wollongong's future, and I look forward to seeing this precinct come to life."

[smartcode_project:default project_id=144442 project_image_fid=369867] 
&nbsp; 
Designed by <a href="https://www.apartments.com.au/architects/cox-architecture">Cox Architecture</a>, with interiors by <a href="https://www.apartments.com.au/interior-designers/dko">DKO,</a> Keira Place prioritises liveability and long-term performance, with landscaped shared spaces, generous apartment layouts and a pedestrian-friendly streetscape along Smith Street. 
&nbsp; 
Residents will have access to landscaped podium areas, communal rooftop amenities with views to Mount Keira and the Wollongong skyline, and convenient ground-level retail.

The development will have 10-year Latent Defects Insurance by Resilience Insurance.

[smartcode_project_cta:default project_id=144442]

Groundbreaking marks start of construction at Keira Place in Wollongong CBD

Sydney’s property market is known for high prices, competitive bidding, and mounting pressure on first home buyers. But change is on the horizon.

From late 2025, eligible first home buyers in New South Wales will have access to a new federal government initiative aimed at addressing affordability: the Help to Buy Scheme.&nbsp;

<h2>What is the Help to Buy Scheme?</h2>

The program introduces a shared equity model intended to reduce the upfront cost of entering the property market, particularly in high-demand urban areas such as Sydney.

The scheme operates under a shared ownership structure in which the federal government takes an equity stake of up to 40 per cent for new homes, or 30 per cent for existing dwellings. This arrangement allows eligible buyers to significantly reduce their loan size and avoid the added cost of Lenders Mortgage Insurance (LMI).

Under this model, purchasers can enter the property market with as little as a two per cent deposit, well below the traditional 10 to 20 per cent usually required. The government’s contribution is not a loan but a co-ownership stake in the property. As such, there is no interest or rent charged on its portion.

Because the government’s equity combined with the buyer’s deposit typically meets or exceeds the 20 per cent threshold, LMI does not apply. The remaining balance, generally between 60 and 70 per cent of the property’s value, is financed through a standard home loan with a participating lender.

The government's equity in the property remains in place until the buyer chooses to repay it voluntarily or until the property is sold. Buyers can buy back the government’s share over time, in increments of at least five per cent, depending on their financial situation.

There is no fixed repayment timeline, but the amount to be repaid will be based on the property's market value at the time of repayment, not the original purchase price.

<h2>How do you qualify for the&nbsp;Help to Buy Scheme?</h2>

To qualify for the Help to Buy Scheme, applicants must meet the following conditions:

<ul>
	<li>Be an Australian citizen at least 18 years of age.</li>
	<li>Be a first-home buyer who does not currently own property.</li>
	<li>Intend to live in the property as their primary residence.</li>
	<li>Earn less than $100,000 per year for individuals, or $160,000 for couples.</li>
	<li>Purchase a property within the regional price caps, currently $950,000 in Sydney, though this is expected to rise to approximately $1.3 million ahead of the program’s launch.</li>
</ul>

While the Help to Buy Scheme does not solve affordability challenges across the board, it does offer a more accessible pathway for a defined segment of the market, particularly younger buyers with moderate incomes who have been priced out of traditional lending routes.

The scheme is expected to commence in NSW in late 2025, as part of a national rollout.

Under the new model, purchasers can enter the property market with as little as a two per cent deposit, well below the traditional 10 to 20 per cent usually required

Help to Buy Scheme: What first home buyers in NSW need to know

The First Home Owners Grant (FHOG) is a government initiative designed to help eligible first-time home buyers by offering financial assistance towards the purchase or construction of a new home.

While the FHOG is a nationwide program, it is administered separately by each state and territory, meaning the eligibility criteria, grant amounts, and property requirements can vary depending on your location. This means that the amount available and the conditions attached to the grant will differ, so it is important to check the specific guidelines for your state or territory.

It’s important to note that the FHOG is just one of several incentives available to first home buyers. In most states and territories, the grant is not linked to stamp duty exemptions or concessions, with the exception of the Australian Capital Territory (ACT). The FHOG is typically a one-off payment, reducing the overall cost of purchasing or building a new home before any stamp duty concessions are applied.

Below, we provide a breakdown of the First Home Owner Grants available across Australia, outlining the specific details for each state and territory.

<h2>New South Wales First Home Owner Grant</h2>

First Home Owner Grant: Offers a $10,000 grant for new homes valued up to $600,000. For land purchases and owner-builders, the threshold extends to $750,000.

Stamp Duty Benefits: Provides full stamp duty exemption for homes valued up to $800,000, with concessions available for properties up to $1 million.

<h2>Victoria South Wales First Home Owner Grant</h2>

First Home Owner Grant: Provides a $10,000 grant for first-home buyers purchasing or building new homes valued up to $750,000.

Stamp Duty Benefits: Offers full stamp duty exemption for properties up to $600,000, with concessions available up to $750,000.

<h2>Queensland First Home Owner Grant</h2>

First Home Owner Grant: Offers $30,000 for contracts signed between 20 November 2023 and 30 June 2025. The FHOG applies to new homes valued up to $750,000.

Stamp Duty Concessions: Provides additional concessions for properties valued up to $800,000.

<h2>Western Australia First Home Owner Grant</h2>

&nbsp;

First Home Owner Grant: Offers a $10,000 grant for new homes valued up to $750,000 in the southern regions and up to $1 million in the northern regions.

Stamp Duty Concessions: Available for homes valued up to $600,000 for transactions entered into on or after 9 May 2024.

<h2>Australian Capital Territory First Home Owner Grant</h2>

First Home Owner Grant: Replaced by the Home Buyer Concession Scheme, offering full stamp duty concessions for eligible buyers.

<h2>South Australia First Home Owner Grant</h2>

First Home Owner Grant: Provides up to $15,000 for new homes, including houses, apartments, and townhouses. As of 6 June 2024, there is no property value cap for eligibility.

Stamp Duty Relief: Available for new homes and vacant land purchases.

<h2>Tasmania First Home Owner Grant</h2>

First Home Owner Grant: Offers a $10,000 grant for new homes and off the plan purchases.

Stamp Duty Exemption: Between 18 February 2024 and 30 June 2026, first home buyers of established homes valued up to $750,000 receive a full exemption on property transfer duty.

<h2>Northern Territory First Home Owner Grant</h2>

First Home Owner Grant: The Northern Territory provides a $10,000 grant for new homes only. Additional government grants and concessions are available for first home buyers.

Stamp Duty Exemption: The only stamp duty exemption available to property buyers is the House and Land Package Exemption (HLPE).

Eligibility criteria and application processes differ across states. Prospective buyers should refer to their respective state revenue offices for full details on grant availability, conditions, and additional concessions.

Every First Home Owner Grant for new property by state

In the ever-evolving landscape of sustainable architecture and environmentally conscious design, systems and ratings in place can help determine the energy efficiency of residential buildings in Australia.

Australia has multiple building rating systems that evaluate energy efficiency and sustainability in existing and new building designs.

Some systems assess individual building components, while others provide an overall rating for the entire structure.

A rating system ensures that homes are comfortable and energy-efficient, whether you are buying, renovating, or building.

NatHERS (Nationwide House Energy Rating Scheme) is a common way for new homes to meet energy efficiency requirements.

As new developments continue to shape the urban environment, understanding NatHERS ratings becomes essential for developers and homeowners. This article delves into the concept of NatHERS ratings, their significance, and how they contribute to creating energy-efficient homes.

<h2>What is NatHERS?</h2>

NatHERS is a national initiative implemented by the Australian government to promote energy efficiency in residential buildings. The scheme aims to provide a standardised method for assessing the thermal performance of homes, considering factors such as insulation, orientation, ventilation, and building materials.&nbsp;

NatHERS ratings are the most common way new homes meet the National Construction Code's (NCC's) minimum energy efficiency requirements.&nbsp;

NatHERS assessments provide thermal and whole-home ratings for new homes, townhouses, and apartments.

The rating helps evaluate the energy performance of buildings, guides homeowners and developers to make informed decisions about the energy efficiency of their properties, and encourages the construction of more sustainable, comfortable, and cost-effective homes.

<h2>How NatHERS Ratings Work</h2>

NatHERS ratings are determined through four accredited software tools (AccuRate, BERS Pro, FirstRate5, HERO) using a calculation engine CSIRO developed to predict building temperature based on various factors.

The tools can model complex effects of building mass, insulation, window size, and other elements.

The outcome is a star rating that reflects the building's overall thermal efficiency, indicating how well it can maintain a comfortable indoor temperature without excessive reliance on heating or cooling systems.

The star rating scale ranges from 0 to 10, with a 6-star rating being the minimum requirement for compliance with the National Construction Code (NCC).&nbsp;

Achieving a higher star rating demonstrates a commitment to energy efficiency and sustainability, as the building is better equipped to minimise its environmental impact and reduce long-term energy costs.

Anyone can use NatHERS tools, but accredited assessors can provide certified ratings and professional advice.

<h2>Benefits of Higher NatHERS Ratings</h2>

Energy Efficiency: Buildings with higher NatHERS ratings are more energy-efficient, requiring less heating and cooling energy. This reduces the structure's carbon footprint and lowers occupants' energy bills.

Cost Savings: Homes with higher NatHERS ratings are generally more energy-efficient, resulting in reduced energy consumption for heating and cooling. This translates to lower energy bills for homeowners, making sustainable living environmentally friendly and economically viable in the long run.

Environmental Impact: Lower energy consumption directly translates to a reduced environmental impact. Buildings with higher NatHERS ratings contribute to the overall goal of mitigating climate change by lowering greenhouse gas emissions associated with heating and cooling systems.

Improved Comfort: Buildings with high NatHERS ratings offer better thermal comfort to occupants. Proper insulation, well-designed ventilation, and optimal orientation maintain a consistent and comfortable indoor temperature, providing occupants with a more enjoyable and healthier space.

Market Value and Desirability: Higher NatHERS ratings can enhance the market value of a property. As energy efficiency becomes a more significant consideration for homebuyers, a well-rated building may attract a premium price and stand out in the real estate market.

Compliance with Building Codes: NatHERS ratings are a vital component of the National Construction Code (NCC), and compliance with these ratings is often a mandatory requirement for new developments. Local councils and planning authorities may set minimum energy efficiency standards that must be met to obtain development approval.

The Nationwide House Energy Rating Scheme (NatHERS) is a crucial initiative shaping the future of energy-efficient, resilient, and cost-effective homes. With its recent upgrades, NatHERS has evolved into a world-leading tool for the building sector, supporting the global commitment to achieving net-zero emissions by 2050.

Staff Writer

What is a NatHERS rating in new off the plan apartment developments?

Mixed-use developments have gained significant popularity across Australia in recent years due to their unique blend of residential, commercial, and recreational spaces.

Unlike traditional single-purpose developments, mixed-use projects offer a harmonious integration of various functions within a single locale.

Residential units seamlessly coexist with commercial establishments, retail outlets, dining venues, entertainment hubs, and recreational facilities, with the combination not only enhances convenience but also fosters a vibrant lifestyle and a sense of community.

<h3>Convenience and accessibility</h3>

Mixed-use developments are designed with convenience in mind. They often integrate residential units with commercial spaces, retail outlets, restaurants, and recreational facilities, creating a self-contained community.

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The proximity allows residents to enjoy the convenience of having essential amenities and services within walking distance. Whether it's grabbing a cup of coffee, going grocery shopping, or accessing healthcare services, everything is conveniently located, saving residents time and effort.

<h3>Vibrant lifestyle and community</h3>

One of the major advantages of mixed-use developments is the vibrant lifestyle they offer. With a diverse range of amenities and communal spaces, residents have ample opportunities to interact, socialise, and build a sense of community.

[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.

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Additionally, these developments often have dedicated maintenance teams responsible for the upkeep of common areas, landscaping, and infrastructure. This ensures that the overall appearance and functionality of the development are well-maintained, creating a pleasant living environment for residents.

<h3>Live-work-play balance</h3>

One of the key attractions of mixed-use developments is the ability to achieve a desirable live-work-play balance. The integration of residential and commercial spaces allows residents to live closer to their workplaces, reducing commuting time and improving work-life balance.

The proximity to various amenities and recreational facilities encourages an active and healthy lifestyle. Residents can easily access fitness centres, parks, restaurants, and entertainment options, all within the same development, leading to a more fulfilling and convenient way of life.

alisonwarters@gmail.com

The top five reasons to buy in a mixed-use development

When buying a property, everyone needs to be aware of the additional costs that come as part of the buying process.

Often the largest outlay, after the deposit which goes to the bank, is stamp duty.

<h2 style="line-height: 1.38;">What is Stamp Duty?</h2>

Stamp duty is an extra tax to pay the government when you buy land, a property, and other certain assets.

It happens when the legal ownership is transferred. It can also be known as property transfer duty or transfer duty.

<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?

The three penthouses crowning Sunkin&#39;s luxury apartment development, 448 Brighton, are set to hit the market.

The penthouse collection, dubbed&nbsp;Coleridge, Mitford and Wordsworth, will sit a top the boutique project of just 17 apartments on the corner of St Kilda Street and Head Street, set 448 metres from one of Melbourne&#39;s best beaches.

Wordsworth is the most luxurious of the three, with its own private infinity swimming pool and offering ocean, park and city views.

Spanning nearly&nbsp;700 sqm of indoor and outdoor living, the Wordsworth comprises four bedrooms, three bathrooms, and a wine room/ study. There are $7 million hopes.

[smartcode_project:default project_id=31946 project_image_fid=185110]

The Coleridge spans just over 500 sqm, and with four bedrooms plus wine room/study and two bathrooms, while the Mitford is the smallest of the trio at 470 sqm and three bedrooms.

SJB Architects designed 448 Brighton, with a focus on the three penthouse to make everything feel central. The biggest design innovation was in the kitchen, where they put the&nbsp;cooking process at the centre as opposed to up against the wall, in an effort to&nbsp;create&nbsp;a more open and social experience.

[smartcode_project:default project_id=31946 project_image_fid=185109]

The kitchens feature&nbsp;a horizontal layout with a long and sculptural natural stone bench and are fitted with&nbsp;Gaggenau appliances and&nbsp;Bora and Astra Walker tapware.

Sunkin Property Group Executive Director Jason Zhu said the design of 448 has been considered with the resident in mind.

[smartcode_project:default project_id=31946 project_image_fid=185111]

&ldquo;We have chosen kitchen appliances that will help to elevate the cooking environment as a collaborative and social place, where residents can still be present with guests as they&rsquo;re using the stove top as opposed to having their back turned.

&ldquo;While the interiors are very finely considered, they are also an extraordinary canvas, providing residents with the opportunity to make it their own,&rdquo; he said. SJB Architecture has drawn on a relaxed earthy palette, with an abundance of natural materials; the contemporary interiors bear the hallmarks of timeless grace.

Tristan Wong, Director of SJB Architecture said the desire was to create a strong connection with nature.

&ldquo;Large balconies and picture windows flood each residence with natural light, while the outside foliage creates dappled shadow, and the feeling of living in the treetops,&rdquo; he said.

Ground floor residents have access to a large 532sqm garden oasis by Jack Merlo, while penthouses enjoy their own private rooftop terrace, complete with bayside and city views.

With the project nearing completion, Sunkin has witnessed demand soar, recording close to $6 million in sales over a five-week period, with strong interest from local downsizers and regional purchasers seeking a city pad in Melbourne&rsquo;s bayside.

[smartcode_project_cta: project_id=31946]

Wordsworth is the most luxurious of the three, with its own private infinity swimming pool and offering ocean, park and city views

Three luxury penthouses at 448 Brighton to launch

Sydney has taken the top position for greatest uplift in waterfront sales this year, according to Knight Frank Australia head of residential research, Michelle Ciesielski.

The pandemic had seen an increased focus on the importance of the home, Ciesielski added.

"Australians are paying greater premiums than ever before for waterfront real estate in Australia’s prime and super-prime residential market.

The Knight Frank research calculated one-in-three super-prime residential sales in Australia over the last year have been absolute waterfront properties, both houses and apartments.

Harbour waterfront sales dominated, totalling 64% of super-prime sales in the last year and representing a 16% increase from 2020.

It noted price premiums for waterfront properties in 2021 have increased by 14.4% to represent a 79% price premium on inland properties.

The Knight Frank Australia’s Australian Waterfront Premium 2022 report shows that waterfront real estate dominate the super-prime $10 million plus markets. 

"Over the last year, one-in-three (32.9%) of the 374 super-prime residential sales were found to be located on the absolute waterfront across Australia.

"The most popular type of ‘waterfront’ for super-prime sales is the harbour, representing an emphatic 64% of super-prime sales in the last year. 

"This has also risen in the last year, from 48% in Q3 of 2020. 

"This reflects the surge in the super-prime market this year, which Knight Frank research showed more than doubled in the first three-quarters of 2021. 

"Properties with coastal frontage represented 16% of total sales in 2021, followed by 13% on a canal and 7% on a river.

“Given the lengthy pandemic lockdown endured, it’s perhaps not surprising that waterfront homes in Melbourne have experienced the strongest growth of the five major Australian cities, with the waterfront premium increasing from 30% in Q3 2020 to 37% in Q3 2021.

“Sydney has taken the top position for greatest average uplift in waterfront sales this year, rising by 13.5% in the last year to 119% in Q3 2021.

"Interestingly, the prime markets in both Gold Coast and Perth continue to assert their growing share of voice, with the Gold Coast following Sydney at a premium of 71% in Q3 2021, representing a growth of 5% year-on-year, and Perth recording an average uplift of 67% at 9.5% year-on-year growth. 

"Brisbane’s prime market has been dominated by interstate buyers and local upsizers who favour riverfront real estate in prestige suburbs, averaging a waterfront premium of 54% at a 14% uplift.”


The pandemic has been an increased focus on the importance of the home, Knight Frank Australia head of residential research, Michelle Ciesielski said

jchancellor-FAypfDUnLy

Increase in price premiums for waterfront properties in 2021: Knight Frank

Penthouse 404W on the top floor of Eden West overlooking Perry Lakes has been sold for $2,895,000. 

The apartment is in the recently completed Eden West which is over 95 percent sold.

The apartment features two master bedrooms that spill out on to private balconies plus two queen bedrooms plus a home office.

The apartment has a 25m heated swimming pool plus yoga studio and plush indoor cinema.

Eden Floreat is the latest apartment project by Edge Visionary Living and Hillam Architects, located adjacent to Perry Lakes Reserve and Bold Park.

Eden West was recently awarded the UDIA WA 2021 Award for Excellence for High Density Development, and also the Russel Perry Award for Urban Development Excellence.

Eden East is set for completion with buyers scheduled to move in during December and January. 

Penthouse 404W is on the top floor of Eden West

$2.895 million Eden, Floreat penthouse sale tops Perth apartment sales list

An apartment in the new Indooroopilly project, The Priory has been sold for $4.1 million.

It was the highest advised apartment sale in Queensland last week secured by estate agent Jarrod Perry at Hutton &amp; Hutton.

Completion is expected in early 2023.

Residence 8/100 Goldieslie Road has a total area of 172 sqm, plus 34 sqm in car spaces and storage of 19 sqm.

There are just 12 residences at The Priory, with floor plans from 196 sqm to 452 sqm of living space.

The communal space includes pool, spa, gym, steam room and fire pit.

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The estate was once owned by the late Colonel J. F. G. Foxton, whose house was built around 1888.

Justin Foxton was a notable Queensland politician and soldier.&nbsp;

The Priory has been a work in progress since 2016 with the 4069 sqm site bought in 2015 at $4.385 million.

Pitman Properties, which has been constructing multi-unit residential projects, commercial buildings and motels for four decades, is headed by Paul Pitman.

The Priory sits at the end of a cul-de-sac on Goldieslie Road with its design by Wiltshire Stevens Architecture amid landscaping by LAUDink.

Another new architectural landmark is set to rise in Indooroopilly after receiving planning approval from Brisbane City Council.

[smartcode_project:default project_id=94742]

Located at 97 Swann Road, Ethereal Residences by North is a cross-studio collaboration between Rothelowman, Carr Design and Form Landscape Architects and will deliver a collection of 46 two- bedroom, two-bedroom plus multi-purpose room, and three-bedroom apartments.

North managing director, Scott Ginnivan, said the vision for Ethereal Residences was to deliver an exceptional standard of architecture to Brisbane&rsquo;s inner west that celebrates its elevated position.

[smartcode_project_cta: project_id=94742]

The Priory will have 12 luxurious apartments in the estate

$4.1 million off the plan apartment sale in The Priory, Indooroopilly by Pitman Properties

Sydney's Manly had the nation's top recorded apartment sale last week when $5,425,000 was paid for an apartment on North Steyne.

The 6/93-95 North Steyne is positioned on Manly’s coveted beachfront strip with a north east aspect.

It sits in the Manly Oasis complex.

The 210 sqm apartment had been recently renovated before its sale through Clarke & Humel.

It is three bedrooms, three bathrooms plus study area.

It last sold in 2007 at $1.963 million. It first sold in 1991 at $540,000.

There was a national 63 percent auction success rate for apartments and townhouses over the past week, according to CoreLogic.

Sydney saw a slightly higher 67 percent success rate.

The apartment is located on North Steyne 

$5.425 million Manly apartment tops weekly apartment sales

Altura West Village, set to be the tallest tower in Sekisui House&#39;s West End, Brisbane masterplan development of a landmark heritage village, has focused on its health and wellbeing of its residents with every design step.

The most impressive is the rooftop, which core principle, according to Matthew Durning, principle landscape architect at RPS Landscaping,&nbsp;is to promote the residents&#39; health and well being.

&quot;There&#39;s different elements that relate to the senses, especially in the vegetation&quot; Durning said.

&quot;Rosemary and lavender plants heighten the smell as residents move out to the rooftop.&quot;

[smartcode_project:default project_id=106960 project_image_fid=170168]

The aim of the rooftop, aptly titled the Wellness Regeneration Zone, was to create a space for residents to unwind physically and mentally.

There will be a&nbsp;fitness infinity pool as well as a heated magnesium plunge pool, a detoxifying sauna,&nbsp;sunken fire pit spaces and an outdoor kitchen.

When construction is completed, forecast for late 2022, there will be weekly rooftop yoga and tai chi classes on the roof, surrounded in the 600 sqm of lush landscaped gardens.

[smartcode_project:default project_id=106960 project_image_fid=170170]

&quot;[The amenities] are elements that when you come out on to the rooftop, you feel relaxed, and you feel like you&rsquo;ve walked out in to a place that&rsquo;s like no other,&quot; Durning suggested.

&quot;The rooftop will be a new benchmark in Brisbane.&quot; Durning said.&nbsp;

Away from the roof&nbsp;will be a shared electric bike service, exclusive for residents.

Carr Design Managing Director, Chris McCue, said a&nbsp;lot of the interiors are driven by a real connection, a visible connection to nature.

Atlura is West Village&#39;s tallest residential tower at 22 levels, part of the $1.1 billion redevelopment precinct in Brisbane&#39;s West End.

The mixed-use commercial, retail and residential precinct sees the historic Peter&#39;s Ice Cream factory, dating back to the late 1920s, as part of the redevelopment.

[smartcode_project_cta: project_id=106960]

The aim of the rooftop, aptly titled the Wellness Regeneration Zone, was to create a space for residents to unwind physically and mentally

How Sekisui House's Altura West Village apartments promote health and wellbeing

The prominent Sunshine Coast developer, Cube Developments, has bolstered its 2022 pipeline, securing four super lots in the growing Bir​tinya area.

The near 9,000 sqm Cardinal Place site will host up to 245 apartments, adding a further $100 million to Cube&#39;s Birtinya portfolio.

Cube Developments Director Scott Juniper said that he expected the new sites to relieve the pressure currently experienced in the Sunshine Coast housing market.

&ldquo;Our commitment to the Sunshine Coast is resolute and has culminated in a site where we can rapidly cater to the strong demand that we&rsquo;re experiencing,&rdquo; Juniper said.

&ldquo;For us, Birti​nya was the perfect location - it&rsquo;s one of the fastest growing suburbs on the coast and the site itself is nestled in the Birtinya Business Village, adjacent from the Town Centre and of course benefitting from stunning Lake Ka​wana with its waterfront vantage.

&ldquo;The property is just 20 minutes from Marooc​hydore and Cal​oundra, 30 minutes from the Sunshine Coast Airport and just over an hour to land you in Brisbane CBD.&rdquo;

Cube&#39;s already solid Birtinya portfolio includes&nbsp;Seasons by Birtinya, a three-tower, 146-apartment project in its second stage release.

[smartcode_project:default project_id=106957 project_image_fid=184863]

That&#39;s proved popular with&nbsp;first home buyers and investors, who were been attracted to&nbsp;the affordable $499,000 entry point for a two-bedroom apartment in the Cottee Park-designed development.

Juniper said there was significant interest due to&nbsp;the project&#39;s plethora of amenities and location.

&ldquo;We&rsquo;ve witnessed strong uptake from both first home buyers and investors who are drawn to Seasons&rsquo; amenities, which provides incredible value for money given the price point,&quot; Juniper says.

[smartcode_project:default project_id=106957 project_image_fid=184875]

&ldquo;All while being located in the heart of it all,&nbsp;Bir​tinya&nbsp;is really starting to come into its own; residents will enjoy waterfront vistas, beach access is just moments away and as it is a relatively new suburb, it has fantastic infrastructure to cater to demand.&rdquo;

Amenities include outdoor BBQ and gathering spaces, private dining room, lounging areas, sun decks, a 25-metre lap pool, fully equipped gym, yoga studio, spa and sauna.

Cube also has the&nbsp;50 sold-out lakeside residences at One Prosperity and the completed, 55-dwelling Curve project.

Cube has recently delivered Beach Life at Alexandra Headland project Beach Life, which settled at the start of this year, and its boutique Mooloolaba project Picasso is due for completion by mid next year.

Cube Developments Director Scott Juniper said that he expected the new sites to relieve the pressure currently experienced in the Sunshine Coast housing market

Cube Developments set for further Birtinya apartment development

Local and interstate buyers have snapped up the final stage of SPG Land&#39;s $162 million Cambridge Residences apartment development in Robina.

The $44.5 million sell-out of Brooke Residences was&nbsp;the final stage of Cambridge, which all up has over&nbsp;400 apartments.

Project marketer Colliers said the final stage, comprising 95 apartments, proved a hit with local and interstate buyers who were drawn by the value proposition of the development.

&ldquo;This final stage of Cambridge Residences demonstrated a quantum shift in the buyer profile from investors to owner-occupiers,&rdquo; said David Higgins, Director Residential for Colliers Gold Coast.

[smartcode_project:default project_id=6746 project_image_fid=56849]

&ldquo;An overwhelming majority of buyers in the final stage, 74 per cent, were owner occupiers which is a massive turnaround from the previous three stages where 80 per cent of sales went to investors.&rdquo;

Higgins said the development benefitted from a spill of buyers who have been priced out of projects in beachside locations. Apartments in the final stage sold at an average price of well under $500,000 each.

&ldquo;Not everyone can afford the beachfront, but Cambridge Residences proves that great projects in prime locations that are well priced and with great amenities are selling well,&rdquo; he said.

&ldquo;Our team received excellent local enquiry, as well as a number of value-seeking interstate buyers who flew up specifically to purchase off the plan.&rdquo;

[smartcode_project:default project_id=6746 project_image_fid=56851]

Almost a quarter of buyers in the final stage were from interstate, while four apartments were sold to international buyers. Of the 74 per cent of sales to owner occupiers, almost 50 per cent were first-home buyers.

A large number of sales were secured by downsizers who had sold larger homes to take up residence in Robina&rsquo;s urban hub, while the 26 per cent of investors who bought into the final stage were all local Gold Coast buyers.

&ldquo;Cambridge Residences was a niche market offering that combined a fringe location with a high level of residential amenity,&rdquo;&nbsp;Higgins added.

&ldquo;The quick sell-out of this final stage was an outstanding vote of confidence in Robina and for price-pointed stock targeting the missing middle.&rdquo;

Following the sell-out of Cambridge Residences, SPG Land is now gearing up for an $800 million three-tower development in Surfers Paradise that will deliver an innovative design and create one of the largest residential resort projects ever undertaken on the Gold Coast.

Almost a quarter of buyers in the final stage were from interstate, while four apartments were sold to international buyers

Local and interstate buyers drive SPG Land's sell-out of Robina's Cambridge Residences

The national construction firm Descon has been appointed to build Tallis Property Group's $180 million South Brisbane apartment development, AKIN.

Construction will soon kick&nbsp;off on the 30-storey tower at&nbsp;35 Merivale Street,&nbsp;with Descon working to&nbsp;the&nbsp;future forward design plans from architecture firm DBI, who has installed&nbsp;some of the most advanced technologies on the market, from number plate and face recognition, to pin code apartment access and home automation.

There will be 190 apartments across the building, with 80 per cent of the apartments on the low and mid-rise levels sold out. The upper floor sky homes will be launched to the market in January 2022.

Two of the levels in AKIN are reserved for residential amenity, which will include a health and wellness centre with heated pool, spa, gym, yoga studio, and steam and sauna rooms, and a business centre with hot desks, lounge and meeting rooms.

[smartcode_project:default project_id=27815 project_image_fid=185113]

The rooftop features private dining rooms and outdoor barbecue and dining spaces, commercial kitchen, wine cellar and cinema.

Work is expected to take around two years, with completion expected for early 2024.

Tallis Group CEO, Angus Gao, said so far demand has been from owner-occupiers.

“The majority of purchasers at AKIN are owner-occupiers which speaks volumes about its location and design credentials, and the impressive integration of complementary lifestyle and security technologies throughout the building,” Gao said.

[smartcode_project:default project_id=27815 project_image_fid=185114]

“The momentum we’ve achieved from the formal launch in May, through to construction commencing in November, is remarkable and we look forward to carrying this into the New Year when we release the sky home collection.”

MOTIV Group CEO, Carly Cottam, who is marketing the apartments, said the ability for purchasers to amalgamate and customise their apartments has been fundamental to the sales success of the project.

“It is rare for an inner-city building to have such a high percentage of owner-occupiers; however this is a testament to the vision for AKIN and the relationship Tallis Property Group has with its buyers,” Cottam said.

[smartcode_project:default project_id=27815 project_image_fid=185116]

“The ability for purchasers to customise their apartments has provided greater diversity in the building, with a selection of five and six-bedroom apartments complementing the existing mix of two, three and four-bedroom apartments and sub penthouses.

“It’s the embodiment of intuitive, future-focused home design.”

There's a number of the two-bedroom apartments remaining, starting from $696,900.&nbsp;

About Tallis Property Group

Tallis Property Group is a privately-owned property development and investment group headquartered in Brisbane.

Their current portfolio includes Akin (South Brisbane), Vision on Norton (Upper Mt Gravatt), Oppo (Indooroopilly) and ILMONDO (Kangaroo Point).

&nbsp;

[smartcode_project_cta: project_id=27815]

Work is expected to take around two years, with completion expected for early 2024

Descon appointed to construct $180 million South Brisbane apartment development, AKIN

The NAB chief executive Ross McEwan has flagged home loan interest rates being discounted for borrowers doing their part to reduce household emissions.

The National Australia Bank has backed a new tool to help lenders across the world meet tougher environmental reporting standards.

NAB have gone to Adelaide-based start-up ValAi for a home sustainability rating tool, known as Greenhouse.

Property accounts for 23 per cent of Australia&rsquo;s emissions and residential property accounts for half of the tally with the main source of residential emissions being heating and cooling, which account for 40 per cent, followed by appliances at 25 per cent and water heating at 23 per cent.

&quot;Residential mortgages are a huge proportion of National Australia Bank (NAB)&rsquo;s book &ndash; roughly 50 per cent of the bank&rsquo;s balance sheet,&quot; David Jenkins Head of Sustainable Finance at NAB told a Green Energy Finance Corporation panel discussion recently.

&quot;The average house emits around seven tonnes of greenhouse gases per year, and if you extrapolate this over our book it is immense.

&quot;If we can reduce this by a sizeable amount it will have a marked impact,&quot; he said.

&quot;Borrowers want to see a green-mortgage product because it makes sense for them and they want to play a part in the low-carbon transition,&quot; Jenkins noted. &ldquo;If [customers] put themselves in a better position, then we should recognise that,&rdquo; McEwan told The Australian Financial Review earlier this month.

The chief executive Ross McEwan has flagged home loan interest rates being discounted for borrowers doing their part to reduce household emissions,

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