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.

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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.

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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?

Granville Place is the latest residential offering from developers SHOKAI Ausbao and Develotek to hit Sydney&rsquo;s western suburbs.

This new village precinct will shape the new lifestyle, retail and residential heart of Granville, just a stone&#39;s throw from Sydney&#39;s second CBD of Parramatta.

The dynamic new neighbourhood will feature family apartments, green parklands and landscaped leisure zones.

Urban takes a look at six reasons why buyers are loving this new residential development.

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1. Affordable apartments in a growing suburban hub

Granville Place is expected to become a new hub for suburban city living, but its affordability is what is grabbing the interest of first home buyers and investors.

The new development boasts one-bedroom, one-bathroom residences from as low as $460,000, while two-bedroom apartments begin at only $625,000.

&ldquo;Granville is coming into its own as major regeneration and infrastructure projects in and around the suburb are shaping a vibrant hub for Central Western Sydney,&rdquo;&nbsp;SHOKAI Ausbao note.

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Its leading-edge fusion of architecture, imaginative oasis landscapes and amenity is sure to set new standards for Australian residential design provided for an incredible price.

2. Residents-only offerings

Granville Place delivers a residents-only oasis at the heart of its development, radiating well-being and enjoyment.

Features include a sun-drenched lawn, outdoor lounging zones, barbeques, playground and hammock grove and a podium oasis.

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Here, you can host summertime picnics, entertain family and friends, offer a space for children to play and enjoy quiet time with natural surrounds.

Dual aspect designs and picture windows open each home up to the leafy village precinct or panoramic citywide views beyond.

3. Generous floorplans

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Superior planning and practical layouts ensure every home flows brilliantly, from the largest three-bedroom to the simplest one-bedroom home.

Residents can enjoy a sense of comfort thanks to open-plan layouts, abundant light and versatile family living zones.

Spacious balconies and full-height glass bring natural views, sunshine and fresh air, as well as expand the interiors to create an atmospheric indoor-outdoor living environment.

4. Great interior design

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Sleek kitchens are generously sized while clean-lined bathrooms are naturally luxurious, perfect for relaxing and unwinding.

Designed by architects Marchese Partners, homes feature a stylish and contemporary touch with timber and stone textures coupled with elegant lines and atmospheric lighting design.

Subtle geometric textures draw on the sculptural exterior fa&ccedil;ade while soft neutral tones reflect the green landscaped setting.

Residents also have the choice between two colour palettes &ndash; pairing chic whites, bone greys and splashes of charcoal and slate.

5. Numerous neighbourhood amenities

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Granville is a people-friendly place to live, shop and play,&nbsp;where everything you need is on your doorstep.

A number of shopping centres are within close proximity, as well as alfresco caf&eacute;s, iconic restaurants, retail stores, medical suites and childcare centres.

A 1,400 sqm Public Park has been designed for locals to gather and spend time enjoying a variety of recreational activities.

The communal open space, located on the eastern side of the project, will provide a great setting for residents and locals to experience their own urban oasis.

6. Family-friendly area

&ldquo;It has long been an open secret: Granville is one of the best value suburbs in the whole Sydney metropolitan area&rdquo;, the developers claim.

Families are fond of its friendly suburban feel yet it&rsquo;s only five minutes from Parramatta CBD and a short 30-minute train ride to the Sydney CBD.

[smartcode_project:default project_id=6876 project_image_fid=153887]

The development is close to business hubs, education and leisure, diverse cuisines and local clubs.

Earmarked for major urban renewal with many improvements to the town centre and surrounds in the pipeline, Granville is the place to be.

[smartcode_project_cta: project_id=6876]

Urban takes a look at six reasons why buyers are loving this new residential development

max.kwok_55688

Six reasons buyers are loving SHOKAI Ausbao and Develotek’s newest Granville apartment development, Granville Place

The Meriton Apartments founder Harry Triguboff has called on local and state governments to enable developers to convert empty office buildings into apartments.

&ldquo;The value of our city has dropped. We have unusable real estate in the best position. Something has to be done quickly,&quot; Mr Triguboff said.

&ldquo;We have devalued the city by having empty offices we must act quickly if we are to use existing offices for apartments,&quot; he suggested.

[smartcode_project:default project_id=7588 project_image_fid=72298]

He warned councils must act as it was clear there would be fewer workers returning to work in cities.

&ldquo;We can&rsquo;t wait for three years for (council) approvals, they must be given within three months.

&ldquo;We must just have new rules which will allow the old offices and serviced apartments to be used. The urgency is to rebuild the city,&rdquo; he said.

[smartcode_project:default project_id=8590 project_image_fid=71711]

&ldquo;More and more want to work from home, and I think they will want to stay at home because they don&rsquo;t have to travel and owners don&rsquo;t have to pay money for offices.

&ldquo;I am afraid there will be a big amount of people who will not come back into the offices,&rdquo; he told The Australian.

Australia&rsquo;s largest unit developer noted as a result of the pandemic and the hit on tourism he planned to convert some of his 20 or so serviced apartment complexes into residential apartments.

[smartcode_project:default project_id=8590 project_image_fid=71712]

He suggested the hospitality industry was now too volatile in terms of room rates and occupancies given the pandemic.

Triguboff noted his serviced apartments were larger than normal ones which would make it easier to convert into apartments.&nbsp;

During the pandemic the government had leased seven of his serviced apartment blocks for quarantine purposes.

jchancellor-FAypfDUnLy

Harry Triguboff encourages government to enable office conversions as apartments  

Palm Beach, one of the hottest apartment markets across the whole of the country, is set for something a little different.

Kingbella Group, led by Joel and Laura Percey, alongside STEER Developments, founded by Rob Steer, are set to launch a boutique collection of four villas, a stone&#39;s throw from the beach.

The luxury villas at 192 Cypress Terrace have been designed by C2 Architecture with the Mediterranean lifestyle and palette at its heart.

&quot;Callista came from bouncing around ideas on a mood board, trying to produce a townhouse with a feel as if you&#39;re on holiday in Europe&quot;, Laura Percey says.

Percey says they are trying to take the next step of luxury in the suburb, with the three-level homes rich in artisan detail and featuring an entertainer-style kitchen with oversized stone island bench and Miele appliances throughout.

[smartcode_project:default project_id=109032 project_image_fid=180867]

Each townhouse will have four bedrooms and three bathrooms across the three levels.

&quot;Palm Beach has really transformed, from cute shacks and beach houses to a next level of luxury that everyone locally, as well as interstate, now wants to buy in to.

&quot;There&#39;s new blood in the area, and with that comes the more modern beach house. We want to deliver beach houses that will remain for years to come.&quot;

[smartcode_project:default project_id=109032 project_image_fid=180873]

\There has been an intentional effort in the design so the villas would suit a number of different buyers.

&quot;We could see the owner-occupier professional enquire, with the use of the downstairs bedroom as a home office, or the downsizer in their 50&#39;s using the functional space&quot;, Percey said, adding that young families would be attracted to the four bedrooms, and fly-in, fly-out buyers from the eastern seaboard capital cities would show interest given the heightened level of lock-up-and-leave luxury on offer.

STEER founder, Rob Steer said with interstate migration on the rise, there&#39;s plenty of purchasers are prepared to pay for high end stock.

&ldquo;Gold Coast has emerged as one of the best performing real estate markets over the past year, recording double digit price growth for both houses and units,&quot; Steer said.

&quot;We&#39;re seeing an awful lot of movement from interstate, whether it&#39;s for holiday home purposes or those keen on spending more than half of the year on the Gold Coast.&quot;

With double digit growth seen in Q1 2020 to Q1 2021, Steer says the developer duo are actively looking for new acquisition opportunities in both residential and commercial sites.

CBRE are handling the marketing of Callista, with prices starting from $1.75 million.

Kingbella and Steer are set to crate another small collection of luxury townhouses in Tugun, and have also just lodged plans, along with the Brisbane-based Capdev, for over 90 apartments in the in demand Rainbow Bay area.

[smartcode_project_cta: project_id=109032]

Each townhouse will have four bedrooms and three bathrooms across the three levels

Callista, the most luxurious villas to hit Palm Beach, set for launch

Buyers are set to get another opportunity to secure an apartment in the tightly held, and incredibly highly sought-after, Rainbow Bay.

Kingbella Group, led by Joel and Laura Percey, and&nbsp;Steer Developments, ran by Robert Steer, are teaming up again for the project, having been working in partnership for a number of years.

They&#39;ve also got&nbsp;Oliver Bagheri, Jon Quayle at Chapter Two on board for Eden Ave, proposing&nbsp;a 12-level development on the dress circle Eden Avenue, which will home 91 apartments and three townhouses.

Plus A​rchitecture​ has drawn up the plans for the Eden Avenue development, describing the tower as &quot;beachside luxe living&quot;.

It will sit across four amalgamated lots totalling 1,924 sqm between 44 and 50 Eden Avenue.

<img alt="" height="901" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/eden_ave_coolangatta_2.jpg" width="1200" />

There will be 70 two-bedroom apartments, varying in sizes and aspects,&nbsp;with each having either a&nbsp;multi-purpose room or study.&nbsp;

To keep up to date with the development and its launch, enquire here

The 24 three-bedroom apartments are located on levels nine and up.&nbsp;A unique feature of the design are the proposed two-storey &ldquo;beach houses&rsquo; that fringe the building on the ground plane.&nbsp;

The residences boast their own private street access and provide owners with all the creature comforts of a modern day beach house but with the benefit of access to resort style facilities.

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.

<img alt="" height="724" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/eden_ave_coolangatta_3.jpg" width="1200" />

An emphasis on health and wellness is apparent with a gym, sauna and steam room proposed, as well as a rare inclusion for apartment projects, an open air ice bath.

The team discussed the popular working from home trend and believe that many new apartment buildings don&rsquo;t provide the necessary space and amenity for residents.&nbsp;

In doing so, the developer revealed their plan to deliver a designated professional work space on the rooftop with six private work from home offices, or &ldquo;zoom rooms&rdquo; as many are now calling them, as well as a function room and boardroom with private outdoor dining space.

<blockquote>
&quot;Bringing a natural elegance to the barefoot beach house&quot;

Plus A​rchitecture​
</blockquote>

The development is expected to launch around Easter 2022.

To keep up to date with the development and its launch, enquire here

There&#39;s expected to be huge interest given the location, which has seen unprecedented demand in the last 12 months.

<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.jpg" width="1200" />

Miles Residences kicked off the boom back in Christmas last year, when the first stage of the wider $380 million KTQ Group redevelopment of the Kirra Beach Hotel, secured a sell-out after thousands of enquiries flooded in from all over the country.

Rockpool at Rainbow Bay, the luxury apartment project of the architect-turned developer Joe Adsett, sold out before even launching. That&#39;s located just in front of Eden Ave.

There&#39;s the nearly sold-out Esprit, by S&amp;S Projects on Boundary Street, with its own luxury wellness rooftop.&nbsp;

Currently selling are the luxury developments The Emerson, by developer&nbsp;Hirsch &amp; Faigen, which has just 22 apartments, and SUR Kirra Beach, from the local Cru Collective, which has just 10 apartments, starting from $4 million.

Plus A​rchitecture​ has drawn up the plans for the Eden Avenue development, describing the tower as "beachside luxe living".

"Beachside luxe living" set for Rainbow Bay as new apartment tower proposed

South Yarra&rsquo;s once hidden industrial area, known as the For​rest Hill Precinct, has undergone a complete transformation into a microcosm of a&nbsp;cosmopolitan city.

While a City of Stonni​ngton Council masterplan only came into effect in 2008, development was in the works as early as 2005/2006. In 2005, just over 100 homes adorned the streets between the South Yarr​a railway station and Chap​el Street, with a local council report forecasting an extra 350 homes by 2015.

That was until 2008 when the precinct - strategically important in the context of the Melbourne 2030 Plan - was designated as a key area within the surrounding City of Ston​nington for higher density housing, mixed use and intensive built form.&nbsp;

The masterplan for the precinct&rsquo;s street level development included&nbsp;the widening of footpaths and new paving materials, vibrant colours and patterns, landscaping treatments, the development of east/west pedestrian links, pedestrian priority, under grounding of power lines and installation of public art.

The former industrial area, bounded by Toorak Road, Ch​apel Str​eet, Alexandra Avenue and Yarra Street, is now not only a high-density residential area with retail offerings, it has been directly connected to&nbsp;Chapel Str​eet,&nbsp;Yarra Street and the station.

Developer EcoWorld took advantage of the burgeoning area, and created their $250 million apartment tower, Yarra One.

[smartcode_project:default project_id=3127 project_image_fid=31085]

To fit in with the cool-vibe of Chapel Street, architect Fender Katsa​lidis created a luxury atrium entry from&nbsp;Claremont Street, reminiscent of the bustling laneways that Melbourne is famous for.

Residents also get access to Yarra One&#39;s exclusive resident only app Lifestyle One,&nbsp;an all-round app which allows residents to do everything from making&nbsp;massage appointments to hiring a butler.

[smartcode_project:default project_id=3127 project_image_fid=181983]

In partnership with Scarisbrick International, a Singapore-based company that developed a new concept in luxury retirement living, the&nbsp;monthly subscription-style service fee, brings a different level of service to residents of all ages,&nbsp;Yarra One&nbsp;General Manager Jeffrey Ong says.

&ldquo;By offering our residents 6-star services 24 hours a day, we aim to further amplify the&nbsp;Yarra One&nbsp;living experience as a beautiful, luxurious home that pampers, comforts, and inspires our residents,&quot; Ong says.

[smartcode_project:default project_id=3127 project_image_fid=181268]

&ldquo;People often associate apartment living with a compromised lifestyle, but our vision is to provide residents both convenience and lifestyle under one roof.

&ldquo;EcoWorld&nbsp;is excited to be one of the first developers to bring apartment residents a premium resort lifestyle in Australia and hopes to explore similar initiatives for future projects.&rdquo;

[smartcode_project_cta: project_id=3127]

Developer EcoWorld took advantage of the burgeoning area, and created their $250 million apartment tower, Yarra One

How Yarra One apartments fit in to South Yarra's Forrest Hill Precinct

Last year EcoWorld completed their second&nbsp;Australian apartment development, Yarra One, offering&nbsp;a high end point of difference in Melbourne's South Yarra.

There are a limited selection of one, two and three-bedroom apartments still for sale in the Claremont Street development, which was designed&nbsp;by the award-winning Fender Katsalidis team.

They took inspiration for the tower from the surrounding areas,&nbsp;focusing&nbsp;on pure geometry throughout their design.

There was a higher level of finish at Yarra One compared with other high-rise towers, from&nbsp;the fine grain of the chevron timber floors to the custom-designed pendant lights.

[smartcode_project:default project_id=3127 project_image_fid=181268]

Orientated to take in the maximum possible views through the floor-to-ceiling windows, the living spaces of each apartment have been created as open plan as possible, with the kitchen, dining and living spaces&nbsp;ordered to take in the views.

Some apartments feature a butler's pantry, island benches, and premium Miele appliances

[smartcode_project:default project_id=3127 project_image_fid=31089]

The amenity has been designed as an extension of the apartments, with soaring double-height ceilings across&nbsp;a resident dining room, library and wine cellar.

Residents also have exclusive access to a wellness precinct that homes&nbsp;a gym, outdoor spa, dance studio and yoga room.

Luxuries continue down to the car parking, with Yarra One offering a Tesla car-share service, and pet wash facilities.

[smartcode_project:default project_id=3127 project_image_fid=181270]

Fender Katsalidis wanted to create a striking entry from Claremont Street. The atrium design is&nbsp;reminiscent of&nbsp;the bustling&nbsp;laneways that Melbourne is famous for.

“The timber look trellis enclosing the atrium is a signature feature that acts to create a sense of retreat and allows light to filter within the space throughout the day resulting in an ever-changing environment,”&nbsp;Fender Katsalidis&nbsp;Director Nicky Drobis said.

[smartcode_project:default project_id=3127 project_image_fid=31093]

EcoWorld recently&nbsp;has launched Lifestyle One, a 24/7&nbsp;all-round app which allows residents to do everything from making massage appointments to hiring a butler.

Apartments at YarraOne start from $455,000.

[smartcode_project_cta: project_id=3127]

Fender Katsalidis took inspiration for the tower from the surrounding areas, focusing on pure geometry throughout their design.



Inside EcoWorld's Yarra One, South Yarra apartment development

Sales in Voyager, the apartment tower in Mirvac&#39;s Yarra&#39;s Edge precinct in Melbourne, have taken off in 2021.

The first half of 2021 saw 20 per cent more sales in the recently completed building compared to the same time last year, with&nbsp;owner-occupiers accounting for 78 percent of purchasers over the period.

Mirvac General Manager for Residential Victoria, Elysa Anderson, said buyers were drawn to the luxury apartments, exceptional amenity and beautiful waterfront living Yarra&rsquo;s Edge has to offer.

&quot;Downsizers from regional and interstate locations are looking for a base closer to their families, while experienced local apartment dwellers are seizing the opportunity to upgrade their home and lifestyle at an inner-city location,&rdquo;&nbsp;Anderson said.

[smartcode_project:default project_id=3494 project_image_fid=167751]

The 130-metre Voyager tower features interiors and architecture by the award-winning Mirvac Design team, including a striking bronzed curved fa&ccedil;ade that reflects the changing lights of the sun as it moves on its daily journey, creating a gateway to Melbourne from the Bolte Bridge.

Comprising 310 apartments including artist and home-office apartments, luxury residences and Sky Residences, Voyager currently has a limited number of one, two&nbsp;and three-bedroom residences available, starting from $601,500.

Voyager residents have access to an inspiring art gallery in the striking lobby, along with an exclusive residents-only rooftop space on level 43, the first of its kind in the precinct.

[smartcode_project:default project_id=3494 project_image_fid=180328]

The rooftop includes three distinct zones &ndash; a social barbecue area with indoor and outdoor dining, a lawn for contemplative practice such as yoga, and an open-air lounge with fire pit for relaxing and socialising. It also features a bar, theatre, and karaoke room.

&ldquo;Mirvac&rsquo;s unique end-to-end in-house capabilities have allowed us to effectively navigate the challenges associated with the COVID-19 construction restrictions to complete this next chapter in the development of Yarra&rsquo;s Edge on schedule,&quot; Anderson noted.

&quot;Our customer-first approach enabled us to remain flexible, with a number of purchasers choosing to amalgamate apartments to form larger residences, and we are pleased to be welcoming the first residents into this incredible precinct with some requesting to settle early.&rdquo;

[smartcode_project:default project_id=3494 project_image_fid=180330]

Voyager is walking distance to state-of-the-art health and fitness facilities available at the nearby Wharf Club, which boasts a pool, spa, steam room, gym, fitness facilities and caf&eacute;, all housed underneath and grass roof that flows into Wharf&rsquo;s Landing Park &ndash; a 1,500 sqm&nbsp;green open space.

A 1,000 sqm retail hub is also proposed for the precinct, which is anticipated to service both the local community and the broader Fishermans Bend and Docklands catchment area.

Over 3000 residents already call Yarra&#39;s Edge home.

[smartcode_project_cta: project_id=3494]

The 130-metre Voyager tower features interiors and architecture by the award-winning Mirvac Design team

Demand spikes in 2021 for Mirvac's  recently completed Yarra's Edge apartment tower, Voyager, now 82% sold

The Palm Beach apartments market is showing no signs of slowing down.

Within the first month of its marketing, the Villea apartment development by the Sydney-based Abadeen Group, has locked away buyers for half of the apartments in the Mawarra Street block of 69.

CBRE&#39;s Director of Residential Projects,&nbsp;Nicholas Clydsdale, says there&#39;s been a real mix of buyers in the development, Abadeen&#39;s first outside of Sydney.

&ldquo;Apartments under $750,000 have had a strong uptake from first home buyers, while units over $850,000 have been snapped up from owner occupiers who love the protected Northern views to Burleigh Headland,&rdquo; Clydsdale said.

[smartcode_project:default project_id=106840 project_image_fid=178469]

&ldquo;I think the rapid sales success we&rsquo;ve had stems from the considerable value buyers recognise in Villea, with a high-end design and central positioning that offers an extremely reasonable entry point into the Palm Beach market without having to compromise on quality.&rdquo;

Just 32 two and three-bedroom apartments now remain in the eight-level, BDA Architecture-designed building, which are priced from $675,000.

&ldquo;Given the rate with which the first apartments vanished from the market, we expect the final allocation will be completely sold out within the coming weeks,&rdquo;&nbsp;Clydsdale suggested.

Villea sits ideally off the Gold Coast Highway, just&nbsp;400 metres from the Palm Beach shoreline and 800 metres from the popular swimming spot Tallebudgera Creek. Villea will have picturesque views across the coastline, Burleigh Headland and the hinterland.

[smartcode_project:default project_id=106840 project_image_fid=172249]

Residents of&nbsp;Villea will have access to a resort-style pool, fully equipped gym, recreational BBQ area and boutique retail strip on the street-level.

&ldquo;65% of purchases so far have come from Queensland locals, but a considerable 35% of buyers are Sydney residents, which is a rather impressive testament to Abadeen&rsquo;s reputation which has pursued them into the Gold Coast marketplace,&rdquo;&nbsp;Clydsdale added.

&ldquo;I think whether you&rsquo;re familiar with the Gold Coast or not, there&rsquo;s no denying Palm Beach is the precinct with it all, and Villea is sat right at its core.&rdquo;

Abadeen is an experienced developer that has completed more than $1.3 billion in residential and commercial projects over the past 20 years, predominantly in NSW.

[smartcode_project_cta: project_id=106840]

Just 32 two and three-bedroom apartments now remain in the eight-level, BDA Architecture-designed building, which are priced from $675,000

Villea, Palm Beach apartment development, secures 50% of sales in first month

NSW off-the-plan apartment buyers will have 10-year insurance against defects in their building.

The NSW Government is taking the step to better protect apartment buyers via the introduction of decennial liability insurance (DLI) into the Australian market.

Minister for Better Regulation and Innovation Kevin Anderson said the reform will explore the potential for insurers and developers to provide an insurance safety net for consumers that is currently lacking in the multi-unit high rise sector.

&ldquo;Establishing a market for DLI would will mean untrustworthy developers are weeded out, creating a stronger, more competitive market where consumers can purchase with confidence,&rdquo; he said.

[smartcode_project:default project_id=7758 project_image_fid=150460]

The NSW Government is currently considering whether property developers will be either invited or ordered to take out the new (DLI) for their apartment complexes.

&ldquo;DLI is a special type of insurance taken out by the developer to guarantee against major defects for up to 10 years, which is not currently available in Australia,&rdquo; Mr Anderson said. 
&nbsp; 
The aim is for buyers to have confidence and peace of mind over the buildings that are built in NSW, said Mr Anderson when announcing the proposal of the new scheme.&nbsp;

&ldquo;For too many years, we&rsquo;ve been seeing and hearing of people losing their hard-earned money on apartments, or their deposits, with developments that have defects or go broke or don&rsquo;t proceed,&rdquo; said Mr Anderson.

[smartcode_project:default project_id=7758 project_image_fid=79424]

&ldquo;But what we are seeing now is the insurance market coming into high rise on the back of the reforms in the industry. This is the end piece of all the work we&rsquo;ve been doing. It&rsquo;s very exciting as we&rsquo;re now going to see an uplift in people having confidence in the market and buying off the plan.&rdquo;

The NSW Government announced a specialist Ministerial Advisory Panel to advise on the introduction of decennial liability insurance (DLI) into the Australian market.

[smartcode_project:default project_id=7758 project_image_fid=150446]

The panel will be chaired by past Insurance Council of Australia president Gary Dransfield with other members including:

&middot; &nbsp; &nbsp; &nbsp; &nbsp;Michael Bennett - General Manager, Property &amp; Construction Finance, Commonwealth Bank of Australia

&middot; &nbsp; &nbsp; &nbsp; &nbsp;Albert Chan - Executive Director, Meriton Group

&middot; &nbsp; &nbsp; &nbsp; &nbsp;Michael Corcoran - Co-founder and Executive Director, Solido Development Finance

&middot; &nbsp; &nbsp; &nbsp; &nbsp;Chris Duggan &ndash; President, Strata Communities Association (NSW)

&middot; &nbsp; &nbsp; &nbsp; &nbsp;Stefan Hicks &ndash; Founding Director, SHC Insurance Brokers,

&middot; &nbsp; &nbsp; &nbsp; &nbsp;Chris Kelly - Construction Manager, Billbergia

&middot; &nbsp; &nbsp; &nbsp; &nbsp;Darren Maher - Chief Underwriting Officer, IAG

&middot; &nbsp; &nbsp; &nbsp; &nbsp;Steve Mann &ndash; Chief Executive Officer, Urban Development Institute of Australia NSW

&middot; &nbsp; &nbsp; &nbsp; &nbsp;Corey Nugent - Senior Operations Manager, Insurance Council of Australia

&middot; &nbsp; &nbsp; &nbsp; &nbsp;Fabrizio Pirelli - Chief Executive Officer, TOGA Development

&middot; &nbsp; &nbsp; &nbsp; &nbsp;Jessica Rippon - Principal Solicitor, Construction Legal, representing the Owners Corporation Network

&middot; &nbsp; &nbsp; &nbsp; &nbsp;Nicholle Sparks - General Manager, Frasers Property Australia

&middot; &nbsp; &nbsp; &nbsp; &nbsp;David Tanevski - Managing Director, KWC Capital Partners, and Founding Director, Urban Taskforce 
&nbsp;

NSW off-the-plan apartment buyers will be offered 10-year insurance against defects in their building

NSW off the plan apartment buyers to be offered 10-year defects insurance 

A Fitzroy Street, St Kilda property has been listed for sale with the marketing advising it comes with substantial development upside, according to marketing agents, Teska Carson.

It is being sold with a planning permit for a five level residential project with 54 apartments designed by Cactus Architects.&nbsp;

Renzella Group has put the hotel and retail building on the market through Teska Carson with expectations of a price in the low to mid $20 million range.

The property currently comprises a three level commercial building including eight ground floor shops with Fitzroy Street frontage on level one, a 40 room, fully refurbished hotel, on levels one and two, and a substantial car park for up to 36 cars at the rear.&nbsp;

Zoned Commercial 1 the 1924 square metre site has 47 metre frontage at 63 to 73 Fitzroy Street.&nbsp;

Commercial 1 zoning allows a number of development outcomes, including hotel and short stay accommodation, co-living, residential, office or build-to-rent, Teska Carson&rsquo;s Luke Bisset said.

``This property offers an extremely rare opportunity for investors, owner-occupiers and developers to acquire an asset situated on one of Australia&rsquo;s best known retail strips and in one of the most iconic destinations.

``Fitzroy Street is home to a plethora of retail and entertainment destinations which attract both locals and international tourists in their thousands week in week out supported by excellent public transport facilities and road access.

``The opportunity to provide a first rate retail and residential property to such a market, whether that be via optimising the current rental potential or a partial or full redevelopment, is one which will have much appeal to a wide range of buyers,&rsquo;&rsquo; Mr Bisset said.

The property will be sold subject to several retail leases currently returning $217,000 per annum with a potential, fully let, retail income of $395,000. There are also 20 hotel rooms occupied on various lease terms currently returning $23,608 monthly with a potential fully let income of $564,192 bringing the total potential annual income to circa $960,000.

The property will be sold by expressions of interest closing November 10.

Listed initially in 2019, it last sold at $4 million in 2003.

The offering is two along from the well known Cushion Lounge site where GURNER has lodged $35 million plans to create what will be the first in a series of new concept hotels under the Club Maison brand.

GURNER paid $2.25 million for the 99 Fitzroy Street building.

It is being sold with a planning permit for a five level residential project with 54 apartments designed by Cactus Architects

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