ASX-listed developer <a href="https://www.apartments.com.au/developers/stockland">Stockland</a>&nbsp;is continuing its push back into the new apartment market, filing plans for a prominent gateway site between Collingwood and East Melbourne.

The development giant, which moved back into the new apartment space when it announced Stanton Place in Sydney's Rosebery and have since filed plans for a 50-storey tower, are jumping into the off the plan Melbourne market.

They are hoping to create a mixed-use neighbourhood precinct for <a href="https://www.apartments.com.au/new-apartments/79-81-victoria-parade-collingwood-vic-3066">79-81 Victoria Parade</a>, replacing an existing commercial building with a scheme by <a href="https://www.apartments.com.au/architects/john-wardle-architects">Wardle</a>&nbsp;for 478 apartments,&nbsp;ground-floor retail, new public open spaces and a publicly accessible pedestrian laneway.

<img alt="First look: Stockland plans new mixed-use neighbourhood precinct for Collingwood gateway site" data-entity-type="file" data-entity-uuid="72dbbca9-3918-4073-afad-a0c0c35be8e7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/stockland%20pers.png?VersionId=bzMVUKKxvwuNK1m0v_td126Rgct32uk_" />

The design report identifies the public realm as a central driver of the proposal.

"Collingwood has limited access to high-quality parks and public open space, and the proposal delivers valuable new areas for respite, social interaction and fine-grain retail activity."

The development would deliver a diverse mix of housing, including studio, one, two and three-bedroom apartments alongside townhouse-style residences. Two basement levels are proposed beneath the development, providing resident and retail parking as well as extensive bicycle facilities.

Wardle's design draws heavily on Collingwood's industrial character, using articulated building forms, brickwork and robust materials inspired by the suburb's warehouse and manufacturing heritage. The built form has been broken into a series of smaller volumes to better respond to the surrounding streetscape while extensive communal gardens, rooftop amenities and shared resident spaces are integrated throughout the project.

<img alt="First look: Stockland plans new mixed-use neighbourhood precinct for Collingwood gateway site" data-entity-type="file" data-entity-uuid="7b2135ed-65df-4253-ad53-f216f06bd467" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/stockland%20podium.png?VersionId=l1B6Hqn8zs772VxH6L1fDPg0KHshan9v" />

The planning documents describe the existing office building as offering little engagement with the public realm, with the redevelopment intended to create a more permeable and active neighbourhood destination.

"The proposed scheme presents a significant opportunity to deliver a vibrant retail plaza and a local neighbourhood hub serving both existing and future Collingwood residents."

The 79–81 Victoria Parade site occupies a strategic location about 1.5 kilometres east of Melbourne's CBD, at the threshold between Collingwood and East Melbourne. It is well served by tram services along Victoria Parade and sits within walking distance of St Vincent's Hospital, Fitzroy Gardens, the Fitzroy activity centre and a broad range of employment, retail and hospitality destinations.

Joel Robinson

Stockland plans new mixed-use neighbourhood precinct for Collingwood gateway site

An 1880s timber cottage that has survived Kangaroo Point's transformation from riverside suburb to high-density apartment precinct is set to become the centrepiece of <a href="https://www.apartments.com.au/developers/zephyr">Zephyr Group</a>'s proposed Banksia development.

Rather than see the locally heritage-listed Alpha Cottage as an obstacle to navigate, plans integrate the landmark home into a new 18-storey residential tower, giving one of the suburb's oldest surviving residences a new role as the project's communal hub.

The development application covers a 1,177 sqm amalgamated site at 127-133 Lambert Street and 30 Shafston Avenue, where Zephyr Group plans to deliver 64 apartments above three basement levels. Designed by <a href="https://www.apartments.com.au/architects/joe-adsett-architects">Joe Adsett Architects</a>, the proposal carefully weaves the retained heritage cottage into a contemporary residential scheme, with the tower elevated above the historic building to preserve its presence within the Lambert Street streetscape.

<img alt="First look: Zephyr Group's Banksia to wrap new Kangaroo Point tower around 1880s Alpha Cottage" data-entity-type="file" data-entity-uuid="f9dc5bdb-d691-4c60-bf2b-c3ed405a3e75" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Banksia.png?VersionId=Jh4bjlewU.o8HXWt0V4KaFA_lPcF7KWM" />

Named after the native Australian Banksia flower, the project draws inspiration from its distinctive form through curved balconies, sculpted planter boxes and cascading subtropical landscaping that soften the building's profile.

As the design report explains: "The tower's identity is defined by its feature facade, drawing direct inspiration from the Banksia wildflower. The building departs from traditional rigidity through the use of elegant, GRC-moulded planter boxes that appear as if shaped by the breeze."

Plans propose 64 apartments, comprising 32 two-bedroom and 32 three-bedroom residences, across an 18-storey tower. Residents would have access to rooftop amenities including a swimming pool, spa, gym, sauna, private cinema, dining spaces and landscaped recreation areas, while more than half the site is dedicated to planting and open space.

<img alt="First look: Zephyr Group's Banksia to wrap new Kangaroo Point tower around 1880s Alpha Cottage" data-entity-type="file" data-entity-uuid="16041b5f-033e-47fa-8fbe-9886e072c1f2" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/pool.png?VersionId=kpx5w4EbLx0_TdWfDoD1vrSs0_cZ5Ao1" />

The heritage component is the defining feature of the proposal. Constructed in the early 1880s and occupied from at least 1883, Alpha Cottage is recognised by Brisbane City Council as an important surviving example of Kangaroo Point's nineteenth-century residential development and as a representative transverse-gable timber cottage. Despite extensive redevelopment across the peninsula, the building has retained a high degree of its original form and internal fabric.

As part of the redevelopment, the cottage will be carefully relocated a short distance within its original allotment to facilitate construction before being returned to a prominent position along Lambert Street. Original verandah elements will be dismantled, catalogued and reinstated, while significant internal features, including timber flooring, wall linings, joinery, doors, windows and hardware, will be retained. Later additions, including the enclosed rear verandah, will be removed to better reveal the building's original form.

Once restored, Alpha Cottage will accommodate the building manager's office, mail room and parcel facilities, providing an active everyday use that supports its long-term conservation rather than preserving it as a static display. The heritage strategy also maintains landscaped space around the building, allowing it to remain visually distinct beneath the new tower.

<img alt="First look: Zephyr Group's Banksia to wrap new Kangaroo Point tower around 1880s Alpha Cottage" data-entity-type="file" data-entity-uuid="43b027e1-576e-4624-a66c-7cc54ea8b7be" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/banksia%20tower.png?VersionId=2W6E2yfkj2AQlWlLeV986grA5zB9f817" />

The Heritage Impact Assessment concludes that "the proposal secures the ongoing occupation, maintenance and conservation of Alpha Cottage," finding the development would result in "no more than a minor impact on the cultural heritage significance" of the building while ensuring its long-term future.

Joe Adsett Architects have designed the tower to sit above the heritage building rather than overwhelm it, creating a clear visual separation between old and new. The development's flowing balconies, integrated planting and organic façade respond to Brisbane's subtropical climate while complementing the restored cottage below.

Banksia occupies a prominent corner in Kangaroo Point within walking distance of the Kangaroo Point Bridge, Brisbane River, ferry services, QUT, the CBD and the Woolloongabba precinct. The site also benefits from direct access to active transport infrastructure and sits within an area earmarked for continued higher-density residential growth.

Zephyr Group's Banksia to wrap new Kangaroo Point tower around 1880s Alpha Cottage

Buying into a masterplanned community often means committing to a vision still years from taking shape. At <a href="https://www.apartments.com.au/new-apartments/kew-tallawong-23-27-schofields-road-tallawong-nsw-2762">Kew Tallawong</a>, that vision is already visible.

Residents have moved into the completed first stage, landscaped spaces are established, and the next chapter is now underway. Stage 1 has been completed and settled, with Stage 2 now selling off-the-plan.

Designed by <a href="https://www.apartments.com.au/architects/pbd-architects">PBD Architects</a>, <a href="https://www.apartments.com.au/new-apartments/kew-tallawong-23-27-schofields-road-tallawong-nsw-2762">Kew Tallawong</a> combines attainable apartment living with sustainability initiatives rarely seen at this price point, including rooftop solar, battery storage and a resident EV-sharing program.

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Located on Schofi​elds Road, just moments from Tal​lawong Metro Station and Schof​ields Train Station, <a href="https://www.apartments.com.au/new-apartments/kew-tallawong-23-27-schofields-road-tallawong-nsw-2762">Kew Tallawong</a> has been designed to appeal to a broad mix of buyers, from first-home purchasers looking for a foothold in Sy​dney's property market to downsizers seeking a connected, low-maintenance lifestyle.

<a href="https://www.apartments.com.au/new-apartments/kew-tallawong-23-27-schofields-road-tallawong-nsw-2762">Kew Tallawong</a> has been conceived as a thoughtfully planned masterplanned community that will evolve over multiple stages, with buyers now able to secure one, two and three-bedroom apartments within a neighbourhood that is already beginning to establish its identity.

One of the project's defining features is its focus on sustainability. Solar energy systems, battery storage and future EV charging infrastructure have been incorporated throughout the development, reflecting a long-term approach to both environmental performance and everyday convenience.

Sustainability sits at the centre of the development's vision, with solar energy systems, battery storage and future EV charging infrastructure integrated throughout the community.

That emphasis on future-ready living extends beyond the technology. Landscaped communal gardens, outdoor gathering spaces and plans for a future retail precinct aim to create a neighbourhood where residents can access daily conveniences without travelling far from home.

[smartcode_project:default project_id=149637 project_image_fid=351027]

The apartments themselves have been designed with liveability front of mind. Rather than chasing maximum density, the focus has been placed on creating practical homes with generous natural light, usable layouts and strong connections to outdoor space.

Importantly, these design principles have been applied consistently across the one, two and three-bedroom apartment offerings.

The appeal of <a href="https://www.apartments.com.au/new-apartments/kew-tallawong-23-27-schofields-road-tallawong-nsw-2762">Kew Tallawong</a> is also closely linked to its location within Syd​ney's rapidly evolving north-west growth corridor. Over the past decade, major infrastructure investment has transformed the area, with new transport links, business precincts and community facilities reshaping suburbs like Talla​wong and Schofiel​ds.

The agent says buyers are increasingly recognising the area's long-term potential.

"Typical buyers that we're finding across <a href="https://www.apartments.com.au/new-apartments/kew-tallawong-23-27-schofields-road-tallawong-nsw-2762">Kew Tallawong</a> especially are your first-home buyers, your investors, your upsizers as well as your downsizers," Hawes says.

Connectivity remains one of the project's strongest drawcards. Residents have access to both Tallaw​ong Metro Station and Schofi​elds Train Station, providing links to the Sydn​ey CBD, Norw​est Business Park, Macquari​e Park and other major employment hubs. Retail centres including Rous​e Hill Town Centre and Sch​ofields Village are also nearby, alongside schools, parks and future healthcare infrastructure.

[smartcode_project:default project_id=149637 project_image_fid=351031]

For Stage 1 resident Roji, it is the balance between convenience and comfort that has defined the experience of living at Kew.

"For me, it's a balance of quality and convenience," she says. "Everything I need is right here."

"If I wanted to catch the train, Scho​fields Station is just around the corner. Tallaw​ong Metro connects me to the city."

More importantly, she says, the development has delivered something that cannot be measured in floorplans or specifications.

"<a href="https://www.apartments.com.au/new-apartments/kew-tallawong-23-27-schofields-road-tallawong-nsw-2762">Kew Tallawong</a> feels like home."

[smartcode_project:default project_id=149637 project_image_fid=351024]

As Stage 2 enters the market, that lived experience may be one of the project's strongest selling points. Buyers are not purchasing into an untested concept or a future promise. They are joining a community that is already taking shape.

Ongoing investment in transport, retail, healthcare and public open space continues to strengthen the appeal of Syd​ney's north-west growth corridor, while <a href="https://www.apartments.com.au/new-apartments/kew-tallawong-23-27-schofields-road-tallawong-nsw-2762">Kew Tallawong</a>'s established first stage provides buyers with a tangible sense of the community's future direction.

For a limited time, buyer can secure a new home at <a href="https://www.apartments.com.au/new-apartments/kew-tallawong-23-27-schofields-road-tallawong-nsw-2762">Kew Tallawong</a> with just a $10,000.

[smartcode_project_cta:default project_id=149637]

Kew Tallawong: A growing community taking shape in Sydney's north-west

<a href="https://www.apartments.com.au/developers/freecity">Freecity</a> has received development approval for its 51-storey mixed-use tower at 153-157 Walker Street, North Sydney, set to be one of the tallest mixed-use residential-led buildings in one of Sydney’s most sought-after commercial and residential addresses.

Lodged as a State Significant Development Application (SSDA) through the Housing Delivery Authority (HDA) pathway and approved by the NSW Department of Planning, Housing and Infrastructure following a comprehensive public exhibition and submissions process, <a href="https://www.apartments.com.au/new-apartments/153-walker-street-north-sydney-nsw-2060">the project</a> will deliver 296 apartments, alongside a 170-room, luxury hotel, activated retail and significant public domain improvements.

Situated just 200 metres from Victoria Cross Metro Station, on one of the largest developable sites in North Sydney, the development will rise to 234 metres, making it one of the tallest buildings in the suburb. With an end value of approximately $1.5 billion, the project responds directly to the NSW Government’s mandate to accelerate housing delivery in well-located, transit-connected areas.

<img alt="Freecity gets green light for mixed-use residential and hotel tower in North Sydney" data-entity-type="file" data-entity-uuid="192ec455-94bf-4e01-83ef-922b1b269d67" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Freecity%20-%20Walker%20Street%20North%20Sydney%201%20RESIZED%20.jpg?VersionId=Bzqp0SBHCDvLAHjA4QXkjuGoOEIh73Jl" />

The apartment mix will cater to a broad range of buyers, with 65 studio and one-bedroom apartments, 139 two-bedroom residences, 35 three-bedroom apartments, 48 four-bedroom homes, and nine penthouses. Residents will have access to a dedicated amenity level on Level 33, featuring a swimming pool with views towards the Harbour Bridge, Sydney Opera House and North Sydney CBD, as well as a gym, library, shared kitchen, lounge and outdoor entertaining areas.

The hotel will occupy the lower six levels of the building and include meeting and function spaces, a wellness centre with gym, yoga studio, swimming pool and sauna, further strengthening North Sydney's growing hospitality offering.

At ground level, the development has been designed to improve pedestrian connections through the precinct. More than 700 sqm of retail space will activate the street frontage, while a landscaped through-site link connecting Walker Street, Little Walker Street and Doris Fitton Park will provide new public open space with seating, paving and extensive native landscaping.

Freecity Group Co-Founder and Joint CEO Tony Sun said the project represents one of the most significant development opportunities currently available in North Sydney.

"This is one of the most significant development sites in North Sydney and it comes at a pivotal moment for the precinct," Sun said.

"North Sydney is undergoing a genuine transformation, and this project will contribute housing the city urgently needs while creating a landmark destination."

Executive Director of Development Michael Romano said demand for both residential and hotel accommodation would continue to strengthen as the Metro precinct matures.

"The structural demand for high-quality housing and hotel accommodation in North Sydney is compelling, and will only grow as the precinct continues to evolve around the new Metro station," Romano said.

Architectus has designed the tower, orientating the apartments to maximise views towards Sydney Harbour while introducing a sculpted façade intended to respond to light, wind and the surrounding skyline.

Architectus Principal Marko Damic said the design sought to create a tower that contributes to the public realm as much as the skyline.

"We wanted to design a tower that doesn't just sit in the skyline but actively participates and contributes to city life," Damic said.

First look: Freecity gets green light for mixed-use apartment and hotel tower in North Sydney

<a href="https://www.apartments.com.au/developers/abadeen">Abadeen</a> and <a href="https://www.apartments.com.au/developers/perifa">PERIFA</a> have celebrated the topping out of <a href="https://www.apartments.com.au/new-apartments/putney-wharf-harbourfront-precinct-20-waterview-street-putney-nsw-2112">Putney Wharf,</a> marking a significant milestone in the delivery of one of Syd​ney's most anticipated waterfront communities.

Located on Sydney's harbourfront at <a href="https://www.apartments.com.au/developments/putney-nsw-2112">Putney</a>, the project has now reached its highest structural point, with construction progressing strongly towards completion in 2027. 
&nbsp; 
The milestone was celebrated on-site with project partners Phoenix Property Investors, Mitsubishi Estate Asia, Versatile Construction, <a href="https://www.apartments.com.au/architects/sjb-architects">SJB</a>, consultants and stakeholders, to recognise the collective effort behind the transformation of the historic waterfront site into a vibrant new residential, marina and lifestyle destination.

[smartcode_project:default project_id=13962 project_image_fid=362240] 
&nbsp; 
<a href="https://www.apartments.com.au/new-apartments/putney-wharf-harbourfront-precinct-20-waterview-street-putney-nsw-2112">Putney Wharf</a> will deliver a mix of waterfront residences and terraces, complemented by a private 36-berth marina, waterfront dining opportunities and a revitalised foreshore designed to reconnect the community with the river's edge. 
&nbsp; 
Abadeen Executive Chairman and Founder Justin Brown said the project represented a rare opportunity to create the next chapter in Sydn​ey's long history of successful waterfront precincts. 
&nbsp; 
"Throughout Sydney, some of the city's most sought-after addresses have emerged from carefully considered waterfront precincts such as Woolloom​ooloo Wharf, Walsh Bay and Breakfast Point," Brown said.

[smartcode_project:default project_id=13962 project_image_fid=362566] 
&nbsp; 
"What makes these places so successful is that they become much more than residential developments," Brown said.

"They bring together homes, hospitality, marina facilities, public spaces and a strong sense of community in locations where future supply is incredibly limited."

Brown has long described absolute waterfront land in Sy​dney as "finite."

"Once these opportunities are developed, they are rarely replicated. That's why Syd​ney's waterfront precincts have consistently demonstrated strong demand and long-term value growth over many decades. 
&nbsp; 
"<a href="https://www.apartments.com.au/new-apartments/putney-wharf-harbourfront-precinct-20-waterview-street-putney-nsw-2112">Putney Wharf</a> is one of the few remaining opportunities to secure a residence within a masterplanned waterfront community that combines direct water access, marina ownership opportunities and a genuine village lifestyle just moments from the Sy​dney CBD."

[smartcode_project:default project_id=13962 project_image_fid=362564] 
&nbsp; 
PERIFA Founder and Managing Director Fabrizio Perilli said the project reflected a shared commitment to delivering exceptional places that create long-term value for residents and the broader community. 
&nbsp; 
"The topping out milestone is a significant achievement for the Versatile Group and a testament to the collaboration between all project partners, consultants and contractors involved," Perilli said. 
&nbsp; 
"Beyond the residences themselves, <a href="https://www.apartments.com.au/new-apartments/putney-wharf-harbourfront-precinct-20-waterview-street-putney-nsw-2112">Putney Wharf</a> will establish a new waterfront destination that celebrates the history, character and lifestyle of this unique location while creating a lasting legacy for future generations."

[smartcode_project:default project_id=13962 project_image_fid=291195] 
&nbsp; 
Construction is being delivered by <a href="https://www.apartments.com.au/builders/versatile">Versatile Construction</a>, with structural works now substantially complete across the precinct. Attention will progressively shift to the construction of the waterview terraces, apartment façades, services and interior fit-out works over the coming months. 
&nbsp; 
With limited residences and marina berths remaining, <a href="https://www.apartments.com.au/new-apartments/putney-wharf-harbourfront-precinct-20-waterview-street-putney-nsw-2112">Putney Wharf</a> continues to attract strong interest from owner occupiers and downsizers seeking a premium waterfront lifestyle within close proximity to Putne​y Village, Rh​odes, Top Ry​de and the Syd​ney CBD. 
&nbsp; 
As one of the last opportunities to secure a residence within a new masterplanned waterfront community on Sy​dney Harbour, <a href="https://www.apartments.com.au/new-apartments/putney-wharf-harbourfront-precinct-20-waterview-street-putney-nsw-2112">Putney Wharf</a> is expected to remain a highly sought-after address for years to come.

[smartcode_project_cta:default project_id=13962]

Abadeen, PERIFA, top out Putney Wharf harbourfront precinct

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

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

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

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

Every First Home Owner Grant for new property by state

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

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

Staff Writer

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

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

alisonwarters@gmail.com

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

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

Ellen Walker

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

A 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

jchancellor-FAypfDUnLy

Chinese developer buys 31 apartment Hawthorn development site

A wave of local and interstate high-rollers have pinpointed the Sunshine Coast apartment market, with the local apartment developer, Cube Developments, seeing huge success at their&nbsp;Maroochydore apartment development, Nature by Cube.

Over three quarters of the luxury development has sold since it achieved development approval in August, totalling $32 million worth of sales to date.

Nature by Cube, on the dress circle The Esplanade,&nbsp;was pinned for 13 luxury apartments across eight-levels, crowned by an expansive 475 sqm penthouse.

But buyers have been keen on replicating the penthouse scale and level of luxury across the lower levels, combining two apartments to create the bigger space, with six bedrooms being combined.

[smartcode_project:default project_id=89721 project_image_fid=172109]

Cube Developments Director Scott Juniper says&nbsp;that buyers are moving to the area and are looking to maintain inner-city luxuries alongside a post-COVID lifestyle shift.

&ldquo;Buyers are seeking to achieve the best of both worlds - the open-air and relaxed lifestyle that the Sunshine Coast offers, coupled with a high-end home that is on par with their Brisbane,&nbsp;Sydney or Melbourne residence,&rdquo; Juniper said.

&ldquo;We&rsquo;re meeting the need with a flexible design and build model that is culminating in homes that are far from cookie cutter and truly bespoke; we&rsquo;re creating something that you&rsquo;ve never seen before.&rdquo;

The mega-apartments span full floors and will feature&nbsp;seven-metre frontage living with enormous semi-outdoor entertaining and kitchen spaces, as well as two dining areas, a private wine cellar, beverage service bar and multiple home offices.

[smartcode_project:default project_id=89721 project_image_fid=172105]

The penthouse was secured&nbsp;for nearly $7 million.

Architecture firm Cottee Parker designed the development, with Juniper&#39;s brief simple: &#39;We want the best the Sunshine Coast has ever seen.&#39;

Cottee Parker Director Sandra Browne said the expansive design of the sky home has been fashioned to retain waterfront views across the master bedroom and communal living spaces, with an architectural spec which has not yet been seen on the Sunshine Coast.

[smartcode_project:default project_id=89721 project_image_fid=172106]

&ldquo;This is the largest penthouse that we&rsquo;ve been part of creating in the area, and is within the top of Cottee Parker&rsquo;s national portfolio in terms of its sheer size,&rdquo; Browne said.

&ldquo;We have certainly taken advantage of this to capture the views - which are nothing short of spectacular, and maximise the frontage over the water.&quot;

Only three apartments at Nature by Cube remain, and are priced from $2.95 million.

[smartcode_project_cta: project_id=89721]

Nature by Cube was pinned for 13 luxury apartments across eight-levels, crowned by an expansive 475 sqm penthouse

Maroochydore apartments snapped up at Nature by Cube as buyer's seek amalgamated mega-apartments

Neue, the Macquarie Park apartment development by COLI Australia, is to set a new benchmark for apartment living in the northern Sydney suburb.

Set across two towers, the development boasts 285 residences in one, two, three and four-bedroom configurations.

[smartcode_project:default project_id=7149 project_image_fid=175522]

Every aspect of these apartments is the result of a refined creative process, inspired by native Australian flora to provide a crafted retreat that residents will enjoy coming home to.

Urban takes a look at five things we love about Macquarie Park&rsquo;s newest apartment towers.

1. Reputable developer

[smartcode_project:default project_id=7149 project_image_fid=175524]

Delivered by COLI, residents at Neue can feel confident at having a home developed by a property development arm of the world&rsquo;s largest construction company.

Established in 1979, COLI has proven their successful ability to deliver high quality, innovative and progressive developments all around the world, including Macquarie Park&rsquo;s tallest residential tower.

One in 15 people living in Hong Kong reside in a home built by COLI, according to the project marketing.

2. Strong location

[smartcode_project:default project_id=7149 project_image_fid=175540]

&ldquo;When we saw this location, we knew it had so much to offer. As a former site for Macquarie University, it was recognised as a gateway to this neighbourhood&rdquo;, the project developers said.

Standing tall at the entrance to the thriving Macquarie Park neighbourhood, Neue has an inviting feel thanks to its open corner position but delivers the perks of privacy thanks to leafy native trees that screen the property.

The home is located next to Macquarie University, ranked among the top two per cent of tertiary institutions in the world, and Macquarie University Station, one of Sydney&rsquo;s largest transport intersections.

[smartcode_project:default project_id=7149 project_image_fid=175526]

Investors will feel confident knowing their property is placed in a new emerging CBD and the strategic centre of Sydney&rsquo;s growth plan, as well as NSW&rsquo;s second-largest shopping centre, Macquarie Park.

3. Distinctive fa&ccedil;ade

[smartcode_project:default project_id=7149 project_image_fid=175521]

The native Banksia is found throughout the grounds at Neue, but they can also be seen in the unique character of the two buildings&rsquo; architectural form.

&ldquo;The two buildings rise out of the ground, like the spikes of a Banksia flower. The breezeways act as the stem, with each apartment a distinctive floret. As you move your eyes upwards the colour shifts and blends, just as a flower in bloom&rdquo;, the project marketing illustrates.

Designed by SJB Architects, the pure concrete and glass anatomy display subtle tones of green and gold with every architectural detail carefully considered.

4. Green surrounds

[smartcode_project:default project_id=7149 project_image_fid=175537]

Rising above native gum trees, Neue stands tall at the gateway to Macquarie Park.

Beautifully landscaped, the project boasts green borders and an expansive central green area, curated to provide ample space to breathe, walk, and relax beneath the shade of verdant greenery.

COLI has delivered areas to enhance social interaction and a sense of community, with barbeques, play areas and quiet spaces to enjoy amongst friends, family or new neighbours.

Most apartments also offer unique, 180 &ndash; 270&deg; views across Sydney&rsquo;s skyline to the native treetops of Lane Cove National Park.

5. Considered interiors

[smartcode_project:default project_id=7149 project_image_fid=175525]

Every aspect of Neue aims to connect residents with the outside world, from the spacious lobby framed in natural stone and timber, to the material finishes within your own home.

Kitchens have&nbsp;been designed with stone island benchtops, integrated appliances, and smart pantry storage.

Refined finishes allow in natural light, while handmade joinery serves to deliver a simple and noble interior concept.

[smartcode_project:default project_id=7149 project_image_fid=175536]

Inspired by handmade artisanal techniques, colours have been perfectly balanced to reflect a sense of restrained elegance and continuity as you walk through each apartment.

[smartcode_project_cta: project_id=7149]

Set across two towers, the development boasts 285 residences in one, two, three and four-bedroom configurations

max.kwok_55688

The top five things Urban loves about Macquarie Park apartments, Neue

Developers Tribeca and Jayland Group have teamed up to deliver the suburb of Plumpton, near the well-established suburb Caroline Springs, fixed-price&nbsp;house and land packages at Majesty Estate.

It&#39;s just $607,000 to secure a house and land package, which includes the one-level, four-bedroom home.

Majesty has been a popular choice for new home buyers thanks to its affordability, easy access to the CBD, and growing amenities within easy reach.

As the newest estate in Plumpton, it offers sustainability, connectivity and established amenities designed for modern living.

[smartcode_project:default project_id=28198 project_image_fid=155419]

Surrounded by quality educational institutions and various shopping centres, you will be right in the heart of a vibrant location so that the whole family&rsquo;s needs are met.

Each home features one ensuite and one family bathroom as a minimum, while some floorplans feature an extra toilet and refreshment room for added comfort.

Single-storey, four-bedroom, two-bathroom homes are currently available, offering alfresco space that blends your indoor and outdoor spaces, flexibility, and full turnkey inclusions.

[smartcode_project:default project_id=28198 project_image_fid=155421]

High-quality finishes include window furnishing, quality appliances, manufactured stone benches, air-conditioning and quality joinery.

The developers are committed to continuous improvement in their designs, with a six-star rated energy efficiency rating and seven-year structural warranty upgrade options.

Plumpton has&nbsp;convenient public transport options and accessible roads makes thanks to the M8 motorway and the newly upgraded Rockbank Train Station.

The house and land packages on offer are ready to move into straight away, with no hidden or extra costs.

[smartcode_project_cta: project_id=28198]

Situated in Plumpton, Majesty Estate is a popular choice for new home buyers thanks to its affordability, easy access to the CBD and growing amenities within easy reach

Majesty Estate offering affordable house and land packages in Plumpton 

With Black Diamond announced as the final release at Geocon&rsquo;s Aspen Village development, buyers are presented with their final opportunity to invest in the sought-after Greenway project.

&ldquo;Aspen Village set a new standard for &lsquo;alpine chic&rsquo; apartment living in Greenway when it launched in April this year,&rdquo; Geocon managing director, Nick Georgalis said.

Officially on the market, the latest stage offers something for everyone, from investors to first home buyers to downsizers.

Located in the middle of the Tuggeranong CBD, its 295 apartments present a mix of one and two-bedroom opportunities, with some three-bedroom apartments also on offer.

[smartcode_project:default project_id=107705 project_image_fid=175004]

Geocon sales agent Adam Morgan says this is &ldquo;super affordable&rdquo; when compared to buying a home in the suburbs.

Georgalis said: &quot;With prices starting at less than $300,000, these apartments present outstanding value, considering the unprecedented levels of amenity and comfort which have been included.&rdquo;

<h2>But why invest?</h2>

[smartcode_project:default project_id=107705 project_image_fid=175000]

Tuggeranong is located 20-kilometres to the south of the Canberra CBD, an easy 20-minute drive.

Rich in parklands and nature reserves, the suburb sits to the east of the historic Murrumbidgee River and is close to Lake Tuggeranong, featuring the established retail precinct, Tuggeranong Town Centre and excellent community amenity.

Considered one of the ACT&rsquo;s employment hubs, the region surrounding Black Diamond boasts a vibrant mix of private businesses and government departments including the Department of Human Services and the Department of Social Services.

It offers extensive transport connections to the Canberra CBD and beyond via road and bicycle, and presents an opportunity for first home buyers and investors to enter the Canberra property market.

<blockquote>
Tuggeranong &ldquo;[boasts] value for money that&rsquo;s increasingly hard to find elsewhere,&rdquo; the project marketing reads.
</blockquote>

In fact, in many instances, it&rsquo;s more affordable to buy than rent, according to the developers.

[smartcode_project:default project_id=107705 project_image_fid=175003]

In addition to those looking to owner-occupy, an undersupply of quality homes means that there is high demand for rental properties in the region &mdash; making Black Diamond an ideal investment with rental returns up to 7 per cent being achieved.

Inspired by Aspen&rsquo;s ski villages, Black Diamond delivers modern living on Canberra&rsquo;s unspoilt natural fringe, where the atmosphere of the mountains meets the buzz of the city.

The development includes an &lsquo;Alpine Bathhouse&rsquo; featuring a 12-person sauna and three private spa rooms for exclusive residents use, luxurious outdoor rooftop entertaining areas and a heated infinity pool.

[smartcode_project:default project_id=107705 project_image_fid=175001]

Light-filled apartments feature high-end finishes and spacious storage solutions, with the choice between two interior design schemes and extensive parking.

&ldquo;Buyers at Black Diamond will be within striking distance of the snowfields, dining precincts, shopping centres and public transport hubs&rdquo;, Georgalis said.

<blockquote>
&ldquo;It&rsquo;s a rare opportunity for Australian living, where such a high-level of amenity and simple connections to city and the snow fields are on offer.&rdquo;
</blockquote>

The development is situated a one-minute walk to Lake Tuggeranong, five-minute walk to South Point Shopping Centre and is under two hours drive from Jindabyne, the gateway to the snow.

[smartcode_project_cta: project_id=107705]

With Black Diamond announced as the final release at Geocon’s Aspen Village development, buyers are presented with their final opportunity to invest in the sought-after Greenway project. 

Black Diamond, the final stage of Geocon's Aspen Village, Canberra apartment development: What you need to know before buying

The Brisbane-based Cielo Group has taken advantage of a short supply for prestige apartments in the small, tightly held Gold Coast suburb of Bilinga.

Cielo Group,&nbsp;led by Justin O&#39;Donnell and Azemm Dannaoui, had been looking for an opportunity to break in to the Gold Coast for about year, before finding the 503 sqm site at 55 Golden Four Drive, just north of Kirra&#39;s dress circle Musgrave Street.

GV Property Group sold the site, with plans by Boris Design for a&nbsp;six-level&nbsp;building with five apartments, ranging in size from two and four-bedrooms, with some of the bigger four-bedders spanning two levels.

But when Cielo secured the site, they engaged the Brisbane architecture firm Z Architects, who they had worked with extensively in the Queensland capital on a number of projects,&nbsp;to create something more striking.

[smartcode_project:default project_id=108955 project_image_fid=193433]

They came up with Bloom, a nine-level building with nine whole floor apartments. They created the three-bedroom plus multi-purpose room apartments with a laid back coastal luxury design. Each of the&nbsp;three bedrooms have their own&nbsp;walk-in wardrobes, while&nbsp;the master also has an&nbsp;ensuite.

The apartments have been oriented to face the beach, with the open plan kitchen (which features a dedicated bar area), living and dining space, opening to an east-facing balcony. The majority of the apartments have views over the beach.

[smartcode_project:default project_id=108955 project_image_fid=193422]

The resident amenity is located on the roof, so each resident can enjoy the sweeping beach views. On the 200 sqm roof is a swimming pool, barbecue area, and outdoor dining.

There&#39;s already been huge appetite for the project through CBRE Gold Coast.

[smartcode_project:default project_id=108955 project_image_fid=193430]

Cielo&#39;s Justin O&#39;Donnell said the product was designed to be suited to a wider range of buyers that what has generally been on offer just south in Kirra.

&quot;We might not be offering that beachfront product, but the fact is we&#39;re only 200 metres to the sand, and are offering&nbsp;something equal in the high-level of finishes and interiors, without the beach price point, which&nbsp;seems to be attracting a lot of buyers.&quot;

[smartcode_project_cta: project_id=108955]

Cielo Group had been looking for an opportunity to break in to the Gold Coast for quite some time, before finding the 503 sqm site at 55 Golden Four Drive



Cielo Group launch Bloom, Bilinga apartments

CommBank has cut owner occupied variable rates by up to 0.40% and investment variable rates by 0.23%. 

The larger cuts have been made on loan to value ratios of 70% or less. 

Canstar advised it was the first time since September 2020 that CommBank has cut variable home loans rates. 

The lowest variable rate available from CommBank is now 2.29%, which when compared to the other Big Four banks is only beaten by Westpac’s Flexi First Option Intro rate loan that has a rate of 1.99% for two years before reverting to 2.49% (2.42% comparison rate). 

Fixed rates saw a range of movements including cuts to CommBank’s 1-year fixed rate of -0.10% for owner occupied loans and -0.20% for investment loans, and a 0.10% increase to 2-, 3- and 4-fixed rates for only owner occupied loans. 

ING has also cut variable owner occupied rates for principal and interest repayments by up to -0.25%, along with increases of 0.05% for 2-year fixed owner occupied principal and interest rates and hikes of 0.20% for its 3-, 4- and 5-year fixed rates.  

Canstar finance expert, Steve Mickenbecker said CommBank’s home loan interest rate changes are a sign of the times.

“Markets are expecting interest rate rises to be little more than two years away, and all of the rate cuts from home lenders in recent months have been to variable interest rates and one year fixed terms."

Canstar’s website currently lists 210 loans with interest rates below 2 percent, "showing just how intense competition is right now," he said.

Canstar’s website currently lists 210 loans with interest rates below 2 percent, showing renewed intense competition 

Variable home loan rates resume being cut: Canstar

The Victorian Government has launched a $500 million homebuyer fund that will see the government own a share of 3,000 homes.

Eligible homebuyers can now receive a contribution of up to 25% towards the purchase price of their property, reducing their deposit while avoiding the need to pay Lenders Mortgage Insurance.

The state&rsquo;s Treasurer Tim Pallas says the Victorian Homebuyers Fund (VHF) will help more of the state&rsquo;s residents buy a home.

Most recipients are expected to have a 5% deposit for the house, townhouse or apartment.&nbsp;

The maximum purchase price must be $950,000 or less in Metropolitan Melbourne and Geelong, or $600,000 or less in other eligible regional locations.

The purchase can be for an existing or new property provided that a certificate of occupancy has been issued prior to the date of the contract of sale.&nbsp;

Off-the-plan property purchases are not eligible.

The property must also be vacant when purchased or, if under a lease, the lease must expire within 12 months of the acquisition date and any tenants must vacate the property.

The government will keep a stake in the home until the property is sold or the owner buys out its share.&nbsp;

&ldquo;We will put that money back into the fund, so this will become self-sustaining in all likelihood, given the continuing and historical appreciation and value of assets over time,&rdquo; Pallas said.

To be eligible to participate in the Homebuyer Fund, you need to be an Australian citizen or permanent resident, and earn $125,000 or less per annum for individuals, or $200,000 or less per annum for joint applicants.&nbsp;

Participants must occupy the purchased property as their principal place of residence.

They can not purchase the property from a vendor who is a related person.

The Real Estate Institute of Victoria (REIV) welcomed the Victorian Homebuyer Fund saying it seemed to be &quot;a sensible policy that will be particularly helpful to [first-time] entrants in the property market.&quot;&nbsp;

The Victorian Treasurer denied the scheme would further push up house prices.

&ldquo;It&rsquo;s not something that will effectively augment the price,&rdquo; he said.

&ldquo;We&rsquo;re not putting more money into people&rsquo;s pockets &hellip; we&rsquo;re giving them the opportunity to participate in a competitive market.&rdquo;

Recipients do not need to be first home buyers, but cannot currently own a property.

The Victorian fund is an expansion of the $50 million HomesVic Shared Equity Initiative, which helped more than 330 households into the market.&nbsp;

The maximum purchase price must be $950,000 or less in Metropolitan Melbourne and Geelong, or $600,000 or less in other eligible regional locations

Who is eligible of the Victorian Homebuyers Fund (VHF)?

Time Out&#39;s annual list of the 49 coolest neighbourhoods in the world, ranks the Melbourne suburb of Richmond as tenth on the list.&nbsp;

Richmond is the best-performing Australian suburb on the list, beating out Sydney&#39;s Surry Hills at 19.&nbsp;

The rankings were based on the Time Out Index survey, which this year polled 27,000 city-dwellers on what they loved and loathed about where they live.&nbsp;

Time Out&#39;s panel of experts then ranked the suburbs, noting key aspects including food, drink, nightlife and suburban culture.

&quot;Judges paid particular attention to how communities have been looking after each other, as well as their green credentials as we tackle the climate crisis that affect us all,&quot; said Time Out editorial director Cassidy Knowlton.

[smartcode_project:default project_id=95458 project_image_fid=169948]

&quot;Richmond is a close-knit community,&quot; she noted.

Recent apartment offerings include the boutique Richmond townhouse project, Gramercy Terraces at the site of the former Nine Network studio in Bendigo Street, Richmond.&nbsp;

Lendlease released three and four bedroom freehold townhouse, designed by architects Bates Smart priced from $1.85 million in April.&nbsp;

[smartcode_project:default project_id=95458 project_image_fid=169944]

The Degroup Property Development founded by Colin DeLutis in 1973, saw its Sprout Richmond development sell out earlier this year. It was 15 townhouses set to achieve a 6.7star NatHERS rating, translating to a reduced carbon footprint and cost savings on energy bills at 62 Glass Street.

[smartcode_project:default project_id=8040 project_image_fid=26415]

Apartments remain for sale at TWO51 on Swan, with a grand lobby rich with gold detailing and art deco opulence, set back off Richmond&#39;s bustling Swan Street.&nbsp;

The Blueprint Projects development has been architecturally designed by Watson Young Architects, with a collection of 28 two, three and four bedroom residences.

[smartcode_project:default project_id=3298 project_image_fid=30548]

Another project, with a 2022 completion date, and with prices from $1.35 million, is the Shelley St development which will feature nine townhouses with two and three bedrooms across three floors.

Private and spacious rooftop courtyards and street facing garden entrances create a special sense of home with a dedication to greenery and tranquil outdoor spaces at the project designed by DKO Architecture and SLAB.

[smartcode_project:default project_id=13629 project_image_fid=49377]

Time Out has ranked Richmond 10th on its annual list of the coolest neighbourhoods in the world

Current buying opportunities in Richmond, Time Out's 10th coolest neighbourhood

Legislation has passed in the Queensland parliament that will provide more rights to tenants in coming years.

The new laws enact minimum quality standards for Queensland&rsquo;s 1.8 million renters starting September 2023.

They disallow property owners from issuing a notice to leave &lsquo;without grounds&rsquo; providing tenants with more certainty.

They allow tenants to have pets within rental properties in certain conditions. The pet clause commencement date is not yet known, but the changes to renting with pets will allow a property owner to refuse a pet on prescribed reasonable grounds that cannot be addressed by prescribed reasonable conditions.&nbsp;

[smartcode_project:default project_id=108278 project_image_fid=173613]

The laws requires owners to consider the specific circumstances or the specific attributes of a pet request and deter blanket &ldquo;no pets&rdquo; rules.

They extend protection for renters who have experienced domestic and family violence.

The Palaszczuk Government passed its new tenancy legislation with some amendments, calling it &quot;striking the right balance between renters and property owners.&quot;

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Penny Carr, CEO of Tenants Queensland, the state&rsquo;s tenant advisory specialists, welcomed the finalisation of the first stage of the reforms, but said they fell short of modernising the laws.

&ldquo;Our focus will now be to ensure all Queensland renters understand the new laws, how to exercise their rights and meet obligations, without fear of eviction.

&ldquo;Renters will find it somewhat easier to keep a pet and to have repairs attended to but they will wait until 2024 for minimum standards and will still be subjected to arbitrary evictions.&nbsp;

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&quot;These laws are not ones for a modern Queensland as they don&rsquo;t offer strong enough protections from unfair evictions,&rdquo; said Ms Carr.

The REIQ says the laws had swung distinctly in favour of tenants.

&ldquo;Property owners have lost the right to end a periodic tenancy by providing notice,&rdquo; REIQ CEO Antonia Mercorella said.

&ldquo;Unless owners can establish limited prescribed grounds (such as the sale of the property) they will never be able to terminate a periodic tenancy.&quot;

The Housing Minister Leanne Enoch has committed to stage 2 of rental reform to begin in the first half of 2022.

The Housing Legislation Amendment Bill 2021 was approved earlier this month



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