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

Joel Robinson

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

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

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

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

Owners move in as Esprit completes at Rainbow Bay

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

Mosaic's Midas Touch

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

Groundbreaking marks start of construction at Keira Place in Wollongong CBD

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

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

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

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

Every First Home Owner Grant for new property by state

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

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

Staff Writer

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

Mixed-use developments have gained significant popularity across Australia in recent years due to their unique blend of residential, commercial, and recreational spaces.

Unlike traditional single-purpose developments, mixed-use projects offer a harmonious integration of various functions within a single locale.

Residential units seamlessly coexist with commercial establishments, retail outlets, dining venues, entertainment hubs, and recreational facilities, with the combination not only enhances convenience but also fosters a vibrant lifestyle and a sense of community.

<h3>Convenience and accessibility</h3>

Mixed-use developments are designed with convenience in mind. They often integrate residential units with commercial spaces, retail outlets, restaurants, and recreational facilities, creating a self-contained community.

[smartcode_project:default project_id=114215 project_image_fid=204874]

The proximity allows residents to enjoy the convenience of having essential amenities and services within walking distance. Whether it's grabbing a cup of coffee, going grocery shopping, or accessing healthcare services, everything is conveniently located, saving residents time and effort.

<h3>Vibrant lifestyle and community</h3>

One of the major advantages of mixed-use developments is the vibrant lifestyle they offer. With a diverse range of amenities and communal spaces, residents have ample opportunities to interact, socialise, and build a sense of community.

[smartcode_project:default project_id=107714 project_image_fid=214122]

The presence of parks, community centres, and shared spaces fosters a lively atmosphere, encouraging residents to engage in various activities and events. The vibrant lifestyle within these developments creates a unique sense of belonging and camaraderie among the residents.

<h3>Potential for higher rental yields and property value appreciation</h3>

Mixed-use developments tend to attract a broad range of tenants and buyers due to their versatile nature. This high demand can result in higher rental yields for investors and potentially lead to property value appreciation over time.

[smartcode_project:default project_id=139989 project_image_fid=212887]

The integration of commercial and retail spaces attracts businesses, which can provide a stable rental income stream. Additionally, the popularity of mixed-use developments often drives up property values, making them a potentially lucrative investment in the long term.

<h3>Enhanced security and maintenance</h3>

Mixed-use developments typically have comprehensive security measures in place. With controlled access points, CCTV surveillance, and professional security staff, residents can enjoy enhanced safety and peace of mind.

[smartcode_project:default project_id=108019 project_image_fid=212658]

Additionally, these developments often have dedicated maintenance teams responsible for the upkeep of common areas, landscaping, and infrastructure. This ensures that the overall appearance and functionality of the development are well-maintained, creating a pleasant living environment for residents.

<h3>Live-work-play balance</h3>

One of the key attractions of mixed-use developments is the ability to achieve a desirable live-work-play balance. The integration of residential and commercial spaces allows residents to live closer to their workplaces, reducing commuting time and improving work-life balance.

The proximity to various amenities and recreational facilities encourages an active and healthy lifestyle. Residents can easily access fitness centres, parks, restaurants, and entertainment options, all within the same development, leading to a more fulfilling and convenient way of life.

alisonwarters@gmail.com

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

When buying a property, everyone needs to be aware of the additional costs that come as part of the buying process.

Often the largest outlay, after the deposit which goes to the bank, is stamp duty.

<h2 style="line-height: 1.38;">What is Stamp Duty?</h2>

Stamp duty is an extra tax to pay the government when you buy land, a property, and other certain assets.

It happens when the legal ownership is transferred. It can also be known as property transfer duty or transfer duty.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="415" src="https://www.youtube.com/embed/C32BWkB5--c" title="YouTube video player" width="660"></iframe>

<h2>Who pays Stamp Duty?</h2>

In some circumstances, you may get an exemption. For some states, you won’t have to pay for stamp duty if you are a first home buyer or a pensioner for houses under a particular price. There are also stamp duty concessions, where you may be entitled to a discount.

<h2>How much does Stamp Duty cost?</h2>

Each state has different rules which affect how much you need to pay. These rules can affect the rate you pay, and the timeframe you will need to pay in. Before you buy land or a property, make sure you check the up-to-date information for your state’s stamp duty.

You can use a free stamp duty calculator online to see approximately how much you’ll need to pay. Find out if you’re eligible for an exemption by enquiring on a project via Urban!

Overall, the stamp duty you need to pay will depend on:

<ul>
	<li aria-level="1">How much your land/property is worth</li>
	<li aria-level="1">Where your land/property is located</li>
	<li aria-level="1">What type of land/property it is</li>
</ul>

Want to find out more? <a href="https://www.youtube.com/@UrbanAustralia?utm_source=YouTube&amp;utm_medium=Video&amp;utm_campaign=Subscribe&amp;utm_id=Subscribe">Subscribe to our YouTube channel</a> for more property videos.

Ellen Walker

Off-the-plan property explained: What is stamp duty?

Assemble, the leading build-to-rent development and community management company, has taken a big step in its future $1.2 billion pipeline.

Headed by managing director Kris Daff, Assemble has secured rezoning of two key residential and mixed-use sites in Clayton and East Bentleigh.

It allows the affordability-conscious developer, who has been doing amazing things in the social housing&nbsp;space for a number of years, to realise over $900 million in affordable housing across the two sites, as well as&nbsp;$300 million of retail and workplace for the projects.

Victorian Planning Authority's Fast Track Projects program accelerated the rezoning of the prime industrial&nbsp;sites at 209-211 Carnish Road in Clayton&nbsp;and 246 East Boundary Road in East Bentleigh.

Daff said it was a strong move that ensures victorians will have the appropriate supply of social and affordable housing to meet the critical shortfall.

"We are now a step clooser to delivering over 1,600 social and affordable housing units, along with much needed health, commercial and retail outcomes, for the broad Glen Eira and Monash communities," Daff says.

The eight hectare Clayton site was the former PMP Print site, and is set to see 1,180 new homes create, as well as three new local parks, and a number of shops and businesses, focussed around a new town square. Around 1,000 local jobs will be created as part of the development.

There will be a 680-apartment development within the precinct, designed by Jackson Clements Burrows Architects, with landscaping by Rush Write. Around&nbsp;20 per cent will be delivered as social housing, managed by Assemble's community housing partner, Housing Choices Australia.

<img alt="" data-entity-type="" data-entity-uuid="" height="672" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/assemble_2.jpg" width="1200" /> 
The Carnish Road, Clayton design. Image supplied

Another 35 per cent of dwellings will be dedicated to affordable housing targeting essential workers, such as the local Monash health and education workers.

"This is a prime site that will revitalise the area set in a well-connected precinct, offering the community east access to key health, education and transport hubs," Daff says.

The $700 million multi-stage East Bentleigh project, dubbed East Village, will be a wider masterplanned community with&nbsp;3,000 dwellings, 15,000 sqm of retail floorspace and 80,000 sqm of commercial floorspace.

The&nbsp;build-to-rent community will have over 940 apartments of social and affordable housing.

"East Village will provide stable rental tenure for a diverse residential community&nbsp;including students, tertiary education workers and essential key workers in the local Glen Eira community", Daff added.

The $400 million first stage will see&nbsp;450 apartment built to a design&nbsp;by Hill Thalis, who were chosen by a design competition. MGS Architects and Craig Tan Architects will design the 16,000 sqm of mixed-use elements.

The project will create 5,000 construction jobs once works commence in late 2022. It will also home new McKinnon College Second Campus which is set to open January 2022.

The developments will&nbsp;accelerate the long-term rental housing pipeline for Assemble, who will see&nbsp;2,400 apartments of their portfolio under construction in the next six months.

Headed by managing director Kris Daff, Assemble has secured rezoning of two key residential and mixed-use sites in Clayton and East Bentleigh

Assemble set to deliver social and affordable housing to Clayton and East Bentleigh

A high rise development at Box Hill, in Melbourne’s east, has been listed with $7 million hopes.

Offers from developers are due by November 11 with mid-$7 million expectations.

Located at 4 Shipley Street, just off Whitehorse Rd/Maroondah Hwy and 150 metres from Box Hill shopping centre, the property currently comprises a single level warehouse.

The mixed Use zoned site allows housing at higher densities.

The property will be sold subject to a 12 month lease to Box Hill Panels at $123,341 per annum net. 

Marketing agents, Teska Carson’s Stephen Speck and Michael Ludski, said the site would provide the successful purchaser with an "outstanding development opportunity" within what has been dubbed Melbourne’s `second city’. 



The 1013 sqm site is expected to fetch in the mid $7 millions

jchancellor-FAypfDUnLy

Box Hill apartment development site listed with $7m hopes

The Gold Coast&#39;s Runaway Bay is set to see its first residential tower to be developed in the idyllic Gold Coast waterfront enclave for almost three decades.

Belvue, French word for beautiful view,&nbsp;is set to be developed in a joint venture between Monaco Property Group and Polites Property Group, who has just lodged a development for the project.

The luxury tower on a 3,116 sqm site at 13-15 Bayview Street, has been designed for the&nbsp;owner-occupier, with just whole floor apartments.

The 31 apartments, which have four bedrooms each (or three and a multi-purpose room), will each take up a level of the 31 storey building, which is reminiscent of a resort-style hotel, without the mass number of rooms.

Plus Architecture, who are handling the design, call Belvue&nbsp;&quot;the sophisticated newcomer to Runaway Bay.&quot;

<a href="/new-apartments/15-bayview-street-runaway-bay">To be the first to know when Belvue is launched, click here.</a>

&quot;It&#39;s an elevated lifestyle with resort-style amenities,&quot; Plus advise in their design statement.

Upon entry to the waterfront site will be&nbsp;three luxury detached villas, each spanning two levels with three bedrooms and a private&nbsp;outdoor terrace area.

<img alt="" height="800" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/belvue_villas.jpg" width="1200" />

The tower is set at the rear of the block, past the luxury, resort-style swimming pool and landscaping by FORM landscape architects.

There will be a gym next to the main pool, as well as a barbecue pavilion, while past the tower is a second pool, overlooking the water. There&#39;s also a sauna and a steam room, as well as poolside cabanas, and a private terrace leading down to the beach.

The tower is targeting the owner-occupier, with each apartment having 246 sqm of internal space, with at least 23 sqm of external area. There are two balconies per apartment, one off the kitchen, living and dining area, the other accessed on the other side of the apartment.

<img alt="" height="800" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/belvue_swimming_pools._jpg.jpg" width="1200" />

<a href="/new-apartments/15-bayview-street-runaway-bay">To be the first to know when Belvue is launched, click here.</a>

&ldquo;Runaway Bay&rsquo;s development history dates back to the 1970s and it set the benchmark for residential apartment living on the Gold Coast in the 1980s and 1990s,&rdquo; Alex Polites said.

&ldquo;But since then, the Gold Coast has evolved into a sophisticated city envied not just as a holiday destination but for its coastal lifestyle. Now, finally, the time has come for the reinvigoration of Runaway Bay as one of the Gold Coast&rsquo;s premier waterfront residential addresses.

&ldquo;All of the 34 luxury residences in Belvue will offer a new design benchmark and the ultimate in sophisticated coastal living.&rdquo;

Jonathan Grasso said Belvue had been meticulously designed to capture the most amazing views the Gold Coast and to create a private resort-style atmosphere on one of the Gold Coast&rsquo;s quietest and most exclusive Broadwater enclaves.

&ldquo;Our team has spent a lot of time designing and curating what we believe will be a highly unique luxurious residential offering for this pristine part of the Coast,&rdquo; Grasso added.

Plus Architecture, who are handling the design, call Belvue "the sophisticated newcomer to Runaway Bay."

"The sophisticated newcomer to Runaway Bay" - Gold Coast suburb set for first apartment development in 30 years

Apartment listings freshly added to 2021 spring market have risen 39% in the past four weeks, compared to a 24% rise in new house listings.

Compared with the pre-COVID five-year average, new house listings are still trending 5.5% lower, according to CoreLogic.

However unit listings are trending 11% higher.&nbsp;

&quot;Given the relative popularity of detached housing through the pandemic, buyers may still find the volume of house listings relatively constrained,&quot; Eliza Owen at CoreLogic advised.

[smartcode_project:default project_id=5328 project_image_fid=155345]

Owen noted national house values have increased 22.9% in the 12 months to September compared with a 12% rise in units.

The new listings uplift in total stock has especially been across Melbourne, Sydney and regional Victoria.&nbsp;

[smartcode_project:default project_id=2806 project_image_fid=175417]

Smaller increases have been seen across regional Tasmania, Hobart and the ACT.&nbsp;

&quot;However, every other regional and capital city market is experiencing a fall in total stock levels,&quot; Owen added.

&quot;Based on what has been observed in previous years, new listings volumes are likely to continue rising over the coming weeks, before a seasonal decline from around mid-to-late November.&nbsp;

[smartcode_project:default project_id=1260 project_image_fid=177638]

&quot;The highest growth in listings still seems concentrated in less desirable markets for owner occupiers, such as in the unit segment and across high investor concentrated markets across Sydney and Melbourne.&nbsp;

&quot;While there are signs vendors are responding to the high price growth in some of the popular or coastal markets, which could create more bargaining power for some buyers, listings volumes are in many cases still well below historic averages.

&quot;With investor activity also stepping up through 2021, the lift in advertised supply across areas more aligned with rental housing is arguably well timed,&quot; she said.

The new listings uplift in total stock has especially been across Melbourne, Sydney and regional Victoria. 



Spring 2021 established apartment listings on the rise: CoreLogic

Deicorp is set to build a mixed-use tower, with luxury apartments in a slim 61-storey tower in the Sydney CBD.

The site was bought from the Catholic Archdiocese of Sydney,&nbsp;following a six-month competitive process.

The site of the Polding Centre has a Brutalist-style building in Liverpool Street designed by Smith Jesse Payne and Hunt.

The existing late 1970s office tower at 133-141 Liverpool Street comes with approval for a 234m tower with a mixture of residential and office use.

Deicorp will conduct a design excellence process to select an architect during stage two of its approval process.

The Archdiocese had proposed the residential tower above an eight-storey commercial podium, with ground-level retail and residential and commercial lobbies, and parking.

The sale price has not been revealed although The Australian reported developers had chased the site offering more than $200 million.

The Archdiocese had proposed the residential tower above an eight-storey commercial podium, with ground-level retail and residential and commercial lobbies, and parking beneath.

Deicorp&rsquo;s Executive Manager &ndash; Corporate Communications, Rob Furolo, said the Sydney developer was delighted with the Archdiocese&rsquo;s decision but that the real work was still to come.

&ldquo;We are obviously delighted to be selected by the Archdiocese for such a prestigious project, especially given the calibre of other businesses vying the job.&rdquo; Furolo said

&ldquo;But we are now focused on delivering a stunning new landmark building that does justice to its fantastic location and achieving the best outcomes for the Archdiocese and the community.&rdquo;

&ldquo;Securing the development rights is a really only the first step in the delivery of this project,&quot; Furolo added.

&quot;The entire Deicorp team is now focused on delivering a world-class building for Sydney by working with some of Australia&rsquo;s and the world&rsquo;s most talented architects.&rdquo;

A design excellence process will now select an architect

Deicorp secure Polding Centre, Sydney apartment development site

The New South Wales property developer, Lyon Group Australia, are set for a new project in Sydney&#39;s western suburb of Epping.

Lyon Group, headed by industry veteran Bruce Lyon,&nbsp;lodged plans for a two mixed-use towers on a&nbsp;2,990 sqm block over 59-77 Beecroft Road &amp; 72 Rawson Street Epping, around&nbsp;24km from Central Sydney and 10km from Parramatta CBD.

Dubbed Epping Central, opposite the Epping train station, the towers&nbsp;will home a combined 126 apartments,&nbsp;5,128&nbsp;sqm&nbsp;of commercial space over the first five levels, and retail at street level and on the first floor.

There will be a lap pool and water lounge on the second level, where there will be a pool deck and cabana tables. Level three will have communal spaces and barbecue and dining facilities, while level eight will have further breakout areas set in greenery.

It&#39;s at level eight where the two towers split and rise a total of 20 and 22 levels.

<img alt="" height="792" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/lyons_group_main_1.jpg" width="1200" /> 
The towers will reinvigorate the streetscape. Image credit: Turner Studio

Turner Studio have handled the contemporary design of Epping Central, which they say&nbsp;will create an active and vibrant community

&quot;The development proposal builds upon the vision and objectives of the Epping Town Centre Urban Activation Precinct Structure Plan and creates a true mixed use building that responds to local needs by supporting the existing and future culture of the local community,&quot; the design report submitted by Turner Studio and signed off by director Dan Szwaj read.

&quot;Epping is a place of dualities where the sites environment creates a division between the East and West, defining the border between two site conditions.

&quot;The concept of the &quot;Ridge Line&quot; reinforces the local and urban environments of the site creating key places and spaces that relate to elements in the landscape.

<img alt="" height="970" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/lyons_group_epping_main.jpg" width="1200" /> 
The modern lap pool will sit above the landscaped podium level.&nbsp;Image credit: Turner Studio

&quot;The diversity of housing types proposed will suit different family structures, age groups and individuals to promote and encourage an integrated community.&quot;

The application will be determined by the Sydney Central City Planning Panel.

Lyon Group has been active in Sydney&#39;s western suburbs and Hills districts for a number of years, with residential and commercial development, as well as house and land subdivision development, in the likes of Bella Vista, Castle Hill, Cherrybrook and Pennant Hills.

Dubbed Epping Central, opposite the Epping train station, the towers will home a combined 126 apartments

First look: Lyon Group Australia lodge mixed-use Epping Central development

Following their recent acquisition of 1 Mona Road in Sydney&#39;s&nbsp;Darling Point, the developer Fortis has lodged plans with Woollahra Council for a premium mixed-use development with residential and retail offerings.&nbsp;

Fortis had been looking at creating a commercial development, but have pivoted given the increased&nbsp;demand for luxury apartments in Sydney&rsquo;s east.

Charles Mellick, a director at Fortis, said the team have&nbsp;seen significant demand for well-appointed boutique apartments in Sydney&rsquo;s east in the last year,

&quot;Existing developments in these suburbs have sold out in record time,&quot; Mellick noted.

[smartcode_project:default project_id=108913 project_image_fid=197649]

&quot;The plans for this site in Darling Point have been updated in response to this demand.

&quot;This mixed-use development in Darling Point has an expected end value of $90 million, and we are excited to deliver this to the market in the near future.

Fortis will have the award-winning architects MHNDU work with acclaimed interior designers Richards Stanisich to create the apartments, which will feature lush planting palette by Wyer &amp; Co.

[smartcode_project:default project_id=108913 project_image_fid=197633]

There will be six level of apartments, a combination of one, two and three-bedroom apartments, as well as ground floor retail and commercial space.&nbsp;

All apartments will include external terraces or balconies, with select apartments capturing views across the city, harbour, nearby Paddington and surrounds.&nbsp;

Fortis expect to commence construction by the end of 2021, following development approval.

[smartcode_project:default project_id=108913 project_image_fid=197634]

Fortis spent $17.5 million on the 1,267 sqm city-fringe site last year.

Pallas Group is the parent company of structured property investment arranger Pallas Capital and boutique developer Fortis.

The expected end value of Fortis&rsquo; Sydney projects currently under construction or under a planning proposal is $1.25 billion, with a further $1 billion pipeline of work in Melbourne.

[smartcode_project_cta: project_id=108913]

Fortis will have the award-winning architects MHNDU work with acclaimed interior designers Richards Stanisich to create the apartments



Fortis lodge $90 million mixed-use Darling Point apartment and retail development 

Meriton, which boasts&nbsp;its latest Gold Coast development,&nbsp;Ocean&nbsp;will transform the Surfers Paradise beachfront, have been seeking buyers with generous terms.

The tower will be home to both luxury residential and hotel suites under the Meriton Suites brand.

Australia&#39;s largest apartment developer offers a fixed 3 percent vendor financing, for up to two years and for 90 percent of the purchase price.

It is also available on NSW projects.

Ocean, rising 76&nbsp;storeys against the Gold Coast skyline, will be home to a five-star hotel, and bespoke residential apartments.

There&nbsp;will be a resident only sky pool and gym on level 33, beach club podium on level 5, and a retail precinct including&nbsp;cafes and a restaurant. 
 
Ocean will be home to 404&nbsp;apartments starting from level 33, featuring views which will tower over the neighbouring buildings. 
 
Designed by architects SJB, Ocean will be Triguboff&#39;s&nbsp;19th tower on the&nbsp;Gold Coast.

<div class="hugin">It will be the third tallest tower in the Gold Coast area.</div>

<div class="hugin">&nbsp;</div>

<div class="hugin">The tower will set the record for number of apartments in one building.</div>

<div class="hugin">&nbsp;</div>

<div class="hugin">Ocean&nbsp;is set for a 3833 sqm site on the Esplanade which&nbsp;Meriton&nbsp;bought for $58 million in 2017.</div>

<div class="hugin">&nbsp;</div>

<div class="hugin">*information of offers correct at the time of publishing</div>

Ocean will be home to 404 apartments starting from level 33, featuring views which will tower over the neighbouring buildings

Harry Triguboff's Meriton offering vendor finance for off the plan Ocean, Surfers Paradise highrise buyers*

First home buyers, investors and downsizers alike will find comfort knowing that you can find a brand-new luxury apartment in Melbourne at an affordable price point.

While continued Melbourne lockdowns threaten to deflate sentiment and stifle the near-term recovery in the apartment market, once borders re-open, demand will likely far exceed moderate apartment supply, JLL&rsquo;s head of residential research, Australia, Leigh Warner told the Urban Developer last month.

&ldquo;Investor demand has clearly picked up in 2021, and this demand has started to flow through to the apartment market,&rdquo; Warner said.

Urban takes a look at five new developments on the market under $500,000 for investors hoping to get ahead of the anticipated demand.

1. Rise, Moonee Ponds 
Developer: Caydon Property 
One-bedroom apartments from $433,500

[smartcode_project:default project_id=5328 project_image_fid=163914]

Comprising of 297 one, two, three bedrooms, Rise is an elegant new development making up the final addition to the Mason Square precinct at Moonee Ponds.

Rising 29 floors, the project boasts uninterrupted city views from the floor-to-ceiling windows, as well as&nbsp;plentiful amenity .

[smartcode_project:default project_id=5328 project_image_fid=164756]

Listed for $433,500, the development&rsquo;s 56 sqm one-bedroom, one-bathroom apartment, designed by Fender Katsalidis, features high-end finishes, bespoke fittings and integrated appliances.

The spacious bathrooms include full-width showers, freestanding baths and custom vanities exclusively designed for Rise by Omvivo.

2. Ryrie Home 
Developer: Franz&eacute; Developments 
One-bedroom apartments from $415,000

[smartcode_project:default project_id=5559 project_image_fid=88241]

Located in the fastest-growing regional city in Australia,&nbsp;Ryrie&nbsp;Home provides the ideal sea change for residents hoping to escape the bustle of the Melbourne CBD.

Positioned within walking distance to Eastern Beach, the development is also proving popular with investors, listed as Urban&#39;s most popular investor project for Q1 2021.

[smartcode_project:default project_id=5559 project_image_fid=173776]

The development&rsquo;s one-bedroom, one-bathroom apartment has a price tag of just $415,000, making it an attractive investment or first home.

Designed by Architectus, Ryrie Home&nbsp;boasts an authoritative and restrained grid fa&ccedil;ade, pedestrian laneways, commercial retail, and F&amp;B spaces, as well as hotel and residential lobbies

3. Due North, Preston 
Developer: Caydon Property 
One-bedroom apartments from $482,000

[smartcode_project:default project_id=5502 project_image_fid=155337]

Climbing 12 levels and comprising 107 apartments, Due North is a new fur-friendly apartment addition to Preston&#39;s High Street.

Designed by Caydon Architecture, the 57 sqm one-bedroom, one-bathroom apartment with a study is priced at&nbsp;$482,000.

[smartcode_project:default project_id=5502 project_image_fid=155332]

Located just 20 minutes away from Melbourne&rsquo;s CBD and featuring rooftop space, a co-working area and 3 retail spaces, residents will have everything at their doorstep at Due North.

Splash the day away in the pool and dip into stunning Melbourne views as you kick back on the deck and soak in those holiday vibes.

4. Cubic House, Alphington 
Developer: Glenvill 
One-bedroom apartments from $420,000

[smartcode_project:default project_id=107514 project_image_fid=170760]

Cubic House delivers spacious one and two-bedroom apartments in YarraBend&#39;s Artisan Precinct, in a visionary new neighbourhood located alongside the Yarra River.

In the highly coveted suburb of Alphington, the project features impressive 60 sqm one-bedroom apartments for just $420,000.

[smartcode_project:default project_id=107514 project_image_fid=170761]

Designed by DKO Architecture, these apartments include European appliances, high-quality details, open-plan living spaces flooded with natural light from floor-to-ceiling windows and easy access to your private balcony.

&ldquo;YarraBend is more than a reinvention of inner-city living. It&rsquo;s an acknowledgement that the way we actually live in the world needs to radically change&rdquo;, the project marketing reads.

5. St Boulevard, Melbourne 
Developer: The Shakespeare Group 
One-bedroom apartments from $410,000

[smartcode_project:default project_id=1260 project_image_fid=177981]

One of the latest popular developments on the Melbourne CBD fringe is St Boulevard, the three-tower project by The Shakespeare Group.

Recently completed, St Boulevard offers an unrepeatable location, located in a prime position on the corner of St Kilda Rd and High Street, and at the southern tip of Albert Park Lake.

[smartcode_project:default project_id=1260 project_image_fid=177965]

One-bedroom apartments start from $410,000 in the Elenberg-Fraser designed development, which features long wrap-around balconies and communal amenities designed to bring neighbours together.

These include a private cinema, a games lounge and children&rsquo;s play area, modern living, and luxe lobby.

Urban takes a look at five new developments on the market under $500,000 for investors hoping to get ahead of the anticipated demand.

max.kwok_55688

Melbourne’s five best apartments under $500k on the market now

A Chinese developer has paid $9.7m for an apartment development site in Hawthorn.

The site holds a permit for a luxury project of 31 apartments.

The project has been designed by architects Jackson Clement Burrows at 43 Riversdale Road.

The corner site has frontage of 34 metres to Riversdale Road plus 62 metres to Through Street.

Zoned within a Residential Growth Zone 1, the site was sold through Benson Zhou, Julian Heatherich and Nick Garoni of Savills Australia.
 
“The luxury apartment market continues to see unwavering demand from developers who are confident in strong apartment resales allowing them to compete aggressive to secure sites,"  according to Benson Zhou.

He noted the level of enquiry seen on development sites in the past six weeks had increased substantially.

The sales team took 152 enquiries throughout the campaign.

Hawthorn’s median unit price sits at $1,453,750 for three bedroom apartments, according realestate.com.au.

The site holds a permit for a luxury project of 31 apartments

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