The Gold Coast economy has grown by 25 per cent since 2020/21 to surpass $55 billion, but perhaps the more significant story is what sits behind the headline number.

For decades, the Gold Coast has been viewed through the lens of tourism, lifestyle and population growth. The latest State of the City Report suggests that perception is increasingly out of step with reality.

Released by Invest Gold Coast, the report ranks the Gold Coast as Australia's largest non-capital city economy and, perhaps more notably, second nationally behind Sydney for Economic Complexity, a measure that assesses the diversity and sophistication of an economy.

It's a result that places the Gold Coast ahead of Melbourne, Brisbane, Perth and Adelaide, highlighting the extent to which the city's economic base has broadened beyond its traditional industries.

Today, the Gold Coast supports more than 350,000 jobs, is home to over 83,000 businesses and generates $19 billion in annual exports. Manufacturing now accounts for 62 per cent of international export growth, while sectors including health, education, advanced manufacturing, technology and professional services are becoming increasingly important contributors to the local economy.

[smartcode_project:default project_id=150017 project_image_fid=372547]

Gold Coast Mayor Tom Tate said the report confirmed the city's evolution into one of Australia's most significant economies.

"The Gold Coast economy continues to grow at an incredible pace. This is no surprise to those of us who have watched the evolution up close," Mayor Tate said.

"As one of the most entrepreneurial, investment driven and opportunity focused economies in the country our ambition has been realised and possibilities are endless.

"The Gold Coast has built a reputation as the city that says yes. We say yes to investment, yes to opportunity and yes to people who want to build something.

"It's this mindset helping us drive major growth across health, advanced manufacturing, screen production, marine, technology and the knowledge economy."

[smartcode_project:default project_id=149670 project_image_fid=360975]

While population growth has been one of the defining stories of the past decade, the report points to a broader economic transformation taking place.

The city's knowledge economy now contributes $7.9 billion annually and supports around 31,000 jobs, while the health and wellbeing sector contributes $5.2 billion and employs more than 42,000 people. Together, the six priority sectors identified in the report account for almost $24 billion in economic output and more than 145,000 jobs.

One of the strongest examples is the Gold Coast Health and Knowledge Precinct at Southport. The 200-hectare precinct now contains more than $5 billion worth of health, education, research and innovation infrastructure and supports over 16,000 jobs.

The report also highlights the growing role of advanced manufacturing, particularly in aerospace, defence and modular construction.

Gold Coast-based Gilmour Space Technologies recently became the first Australian commercial company to attempt an orbital launch, while companies including Modscape and ModnPods are helping establish the Yatala-Stapylton corridor as one of Australia's fastest-growing advanced manufacturing hubs.

The city's entrepreneurial culture is also translating into business growth.

Since 2019/20, the number of businesses operating on the Gold Coast has increased by 22 per cent, while firms employing more than 200 people have grown by 80 per cent. The report suggests the next challenge is converting more local start-ups and medium-sized businesses into nationally significant companies.

Development activity remains another key indicator of confidence.

There are currently more than $23 billion worth of major projects underway across the Gold Coast, supported by a record 75 active cranes, a figure that now exceeds Brisbane and represents a 150 per cent increase since 2016.

[smartcode_project:default project_id=112024 project_image_fid=343235]

Importantly, the report notes the next phase of investment will need to extend beyond residential development.

While 93 per cent of crane activity is currently tied to housing, Invest Gold Coast argues future investment will increasingly need to focus on cultural, civic, infrastructure and industry-enabling projects that strengthen the city's long-term economic resilience.

Invest Gold Coast Chair Will Hodgman said the city was now benefiting from years of economic diversification.

"What is happening on the Gold Coast is the result of the city's economic base broadening, fuelled by industries with long-term, high-growth potential," Mr Hodgman said.

"This is no longer a secondary Australian economy, the Gold Coast is becoming a globally connected city with deeper capability across health, knowledge and creative industries, advanced manufacturing, technology and exports."

[smartcode_project:default project_id=108274 project_image_fid=365786]

Looking ahead, the Gold Coast's population is projected to exceed one million residents by 2046.

For a city that was once largely defined by tourism and lifestyle, the latest figures suggest the Gold Coast is becoming something more significant, one of Australia's most diverse and economically sophisticated urban economies, and increasingly one that national and international investors can no longer afford to overlook.

Joel Robinson

75 cranes, $23 billion pipeline and a $55 billion economy: Inside the Gold Coast economic boom

Ron Bakir's Homecorp has sold more than 75 per cent of the apartments in its wellness-driven Florence Residences in Surfers Paradise following its first weekend release.

The <a href="https://www.apartments.com.au/new-apartments/florence-residences-24-monte-carlo-avenue-surfers-paradise-qld-4217">26-storey project on Monte Carlo Avenue</a>, which commenced construction earlier this year, has seen a flurry of buyers secure their slice of the Gold Coast's latest wellbeing-focused offering in one of the nation's most competitive property markets.

Since the pandemic, the Gold Coast's population has grown by more than 11 per cent, a rate approximately four times faster than Sydney's, driven largely by lifestyle changes and interstate migration. While buyer activity has moderated in some markets nationally, demand for newly built dwellings on the Gold Coast continues to gain momentum as purchasers increasingly prioritise lifestyle, amenity, wellbeing, liveability and long-term investment potential.

&nbsp;

[smartcode_project:default project_id=150414 project_image_fid=372743]

Homecorp CEO Ron Bakir says buyers today are looking for more than just a home.

"What we are seeing is a shift in how people define value in property," Bakir says.

"What attracts residents to new developments is a desire for more than just a residence. They are looking for a place that complements their lifestyle, supports their wellbeing and reflects the way they want to live into the future.

"Lifestyle, longevity, proactive health, wellbeing, connection and a sense of community are increasingly shaping purchasing decisions, particularly on the Gold Coast, where these factors continue to be a major drawcard."

[smartcode_project:default project_id=150414 project_image_fid=372744]

Bakir says Homecorp is responding to this shift through an approach that places greater emphasis on design, amenity and experience working together to create places that feel considered, connected and enduring in value.

Inspired by Eastern European design, Florence Residences will comprise 120 apartments alongside a private residents-only wellness club featuring a resort-style rooftop pool, hot and cold plunge pools, a spa retreat, contemporary gymnasium, and a spacious yoga and Pilates studio.

The development will also feature a residents-only lounge with private dining facilities and a rooftop bar, premium outdoor entertaining areas, a hotel-style lobby lounge, generous bike parking, and pet-friendly amenities including a heated dog wash.

[smartcode_project:default project_id=150414 project_image_fid=372742]

A limited number of apartments remain available, with an exclusive collection of four-bedroom sub-penthouses set to be released in the coming months.

Florence is one of the latest additions to Homecorp's expanding multi-billion-dollar property portfolio, which also includes plans for a <a href="https://www.apartments.com.au/news/qld/homecorp-lodges-plans-for-260-million-moroccan-bathhouse-inspired-tower-in-budds-beach">$260 million development in Budds Beach</a> tailored to the growing wellness market.

A development application has been lodged for a 27-storey, 156-residence tower at 8–10 Acacia Avenue and 25–27 Oak Avenue, featuring a residents-only Moroccan spa-inspired sanctuary.

Apartments at Florence Residences are priced from $1,249,000, with construction expected to be completed by late 2027.

[smartcode_project_cta:default project_id=150414]

Buyers rush to Homecorp's Florence Residences as Gold Coast wellness trend gains momentum

The NSW Government has expanded its $1 billion Pre-sale Finance Guarantee program, broadening access for affordable housing providers and smaller residential developments as it seeks to accelerate housing delivery across the state.

The Minns Government says the program has already helped bring forward more than 600 homes across Sydney and regional NSW since launching in September 2025, with similar models now adopted in South Australia and Western Australia.

The latest changes, announced by Treasurer Daniel Mookhey and Minister for Planning and Public Spaces Paul Scully, are designed to improve access to finance for projects that have planning approval but are struggling to secure funding.

Among the key changes is an expansion of support for community housing providers. The program will now support up to 100 per cent affordable housing projects valued at up to $30 million when delivered by not-for-profit providers, while support for larger affordable housing developments will increase for projects worth up to $80 million.

The government says the changes will help accelerate the delivery of housing for low-income workers, older people, people living with disability, and those at risk of homelessness, while reducing reliance on direct grants or subsidised loans to bridge funding gaps.

The eligibility criteria for smaller residential developments have also been broadened. The previous $5 million minimum project value threshold has been removed and replaced with a requirement that projects deliver at least four homes.

Support has also increased for projects delivering fewer than 20 homes, with the guarantee now able to cover up to 75 per cent of dwellings in a development, capped at $30 million per project.

The changes are expected to particularly benefit smaller-scale and regional developments, which often face greater challenges meeting pre-sale requirements imposed by lenders.

Treasurer Daniel Mookhey said the scheme demonstrates how government can use its balance sheet to stimulate housing supply without relying solely on taxpayer-funded grants.

"The Pre-sale Finance Guarantee shows how this Government is using its balance sheet to reduce risk and unlock private investment, enabling new homes to move from design to construction faster," Mookhey said.

"This landmark reform allows us to deliver homes for working families at a lower cost to taxpayers, while also maintaining strong financial discipline."

Planning Minister Paul Scully said the program had already proven effective in bringing stalled projects to market.

"The Pre-sale Finance Guarantee has already proven it can unlock stalled projects and accelerate housing delivery by giving lenders the confidence they need to back good developments," Scully said.

"These changes will allow more affordable housing and smaller developments to access support so more homes can be built faster where communities need them most."

Housing Minister Rose Jackson said the expansion would help community housing providers overcome financing barriers that often delay projects.

"We know community housing providers are ready to build more homes, too often they're held back by barriers to finance," Jackson said.

"Expanding the Pre-sale Finance Guarantee helps remove those barriers so more affordable homes can get off the ground sooner."

The announcement was welcomed by the Property Council of Australia, which has long advocated for measures aimed at improving project feasibility and access to finance.

Property Council NSW Executive Director Katie Stevenson described the expansion as a practical intervention that addresses one of the most immediate constraints on housing delivery.

"This is exactly the kind of practical intervention we need right now, focused on getting projects out of the ground, not just approved," Stevenson said.

"It builds on a model the Property Council has worked closely with government to develop following calls for such a scheme ahead of last year's NSW Budget, so it's great to see it being expanded."

Stevenson said the reforms would help unlock projects that are ready to proceed but have been delayed by financing challenges. However, she noted that broader feasibility issues remain a significant barrier to increasing housing supply.

"The biggest challenge in NSW housing today is delivery. Too many projects have planning approval but are simply not financially viable to proceed under current settings," she said.

Speaking at the Property Council's NSW Housing Summit, Housing Minister Rose Jackson acknowledged that feasibility and financing pressures continue to constrain housing delivery, while reaffirming the government's commitment to work with industry on solutions.

Stevenson said the government's recognition of those challenges was encouraging ahead of next week's state budget.

"It's positive to see the government clearly recognising that feasibility pressures are now a binding constraint on supply," she said.

"With the Budget just days away, the focus must be on backing delivery, making sure projects stack up, finance can flow, and more homes can move from approval to construction."

The expanded Pre-sale Finance Guarantee forms part of the NSW Government's broader housing agenda, which also includes planning reforms, the NSW Housing Pattern Book, and a series of rezonings intended to increase housing capacity across the state.

NSW expands Pre-sale Finance Guarantee to unlock more affordable and regional housing

Design-led developer-builder Lowe Living has unveiled its latest residential development, Jardin House, marking its first foray into Melbourne's blue-chip City of Boroondara.

Located a short walk from Camberwell Junction, <a href="https://www.apartments.com.au/new-apartments/jardin-house-by-lowe-living-camberwell-335-camberwell-road-camberwell-vic-3124">Jardin House</a> has been designed to appeal to affluent local downsizers and established families seeking a low-maintenance alternative to the large homes that have long defined Camberwell and surrounding suburbs.

The project will comprise a collection of two and three-bedroom apartments ranging from 92 sqm to 280 sqm, alongside a limited number of penthouse residences featuring rooftop terraces spanning more than 100 sqm, with optional private pools.

&nbsp;

[smartcode_project:default project_id=146717 project_image_fid=372212]

Lowe Living Co-Founder and Managing Director Tim Lowe said Camberwell represented a natural next step for the developer as it expands into some of Melbourne's most tightly held residential markets.

"Jardin House is an important project for our team as it marks the next evolution of our portfolio into different well-established blue-chip pockets of Melbourne," Lowe said.

"Camberwell, with its incredible walkability, family-led neighbourhood feel and superb access to education and transport, makes it a natural choice for us."

[smartcode_project:default project_id=146717 project_image_fid=372227]

Designed by Tristan Wong Architects, with interiors by Hecker Guthrie and landscaping by Acre, the development takes inspiration from the Art Deco architecture that remains a defining feature of many of Camberwell's established streets.

A curved facade, arched openings, textured brickwork and sculpted forms reference the suburb's architectural heritage, while extensive landscaping softens the building's presence and creates a strong connection to the surrounding tree-lined streetscape.

The project will be set behind a secure gated entrance, with residents arriving through landscaped gardens designed to create a transition between the public realm and private residences.

Inside, the residences feature natural stone and timber finishes, full-height glazing, Miele appliances and generous open-plan living areas designed for long-term owner occupation.

[smartcode_project:default project_id=146717 project_image_fid=372225]

While the apartments themselves have been designed to attract discerning owner-occupiers, it is the amenity offering that sets Jardin House apart from many other boutique projects currently launching across Melbourne.

The centrepiece is a 350 sqm private bathhouse curated in partnership with Aurora Spa &amp; Bathhouse founder Lyndall Mitchell.

The wellness precinct includes mineral pools, hydrotherapy experiences, a Himalayan salt room, sauna, steam room, cold plunge pools and dedicated relaxation spaces, creating what Lowe Living describes as a private wellness retreat exclusively for residents.

[smartcode_project:default project_id=146717 project_image_fid=372222]

The collaboration follows Lowe Living's recent partnership with Aurora at Maison Savoy in Brighton, although Jardin House is the first project to incorporate both indoor and outdoor wellness experiences.

Emma Lowe, Co-Founder and Managing Director of Lowe Living, said wellness was becoming an increasingly important consideration for apartment buyers.

"Collaborating with Lyndall Mitchell from Aurora Spa &amp; Bathhouse for a second time is an intentional nod to creating residences that are more than just homes, but a way to enrich the lives of our residents through wellness and longevity," Lowe said.

The amenity offering is complemented by a Technogym fitness studio, residents' lounge, private dining spaces and concierge services.

The launch comes as developers increasingly target Melbourne's established eastern suburbs, where rising land values, ageing housing stock and growing downsizer demand are creating opportunities for boutique apartment projects.

Lowe said the company expects significant generational wealth transfer across suburbs such as Camberwell in coming years, creating further demand for luxury apartment living.

"Camberwell is a blue-chip suburb where homes regularly transact for multiple millions of dollars," he said.

"The generational change of wealth in these locations expected in the coming years is significant, so we see an opportunity to create exclusive residences that appeal to older families and downsizers in order to meet this demand."

Apartments at Jardin house start from $1,195,000. The project forms part of Lowe Living's near-$1 billion portfolio of new developments across Melbourne.

[smartcode_project_cta:default project_id=146717]

Lowe Living launches Jardin House in Camberwell

As <a href="https://www.apartments.com.au/developments/north-sydney-nsw-2060">North Sydney</a> continues its transition from a commercial centre into a more layered residential and lifestyle precinct, a new generation of apartment developments is reshaping expectations around scale, amenity, and long-term liveability.

Improved transport connections through the Victoria Cross Metro, continued investment in dining and public spaces, and a constrained supply of new luxury apartments have sharpened demand for homes that combine proximity to the CBD with the privacy and outlook traditionally associated with harbourside houses.

At 177 Walker Street, <a href="https://www.apartments.com.au/developers/aland">ALAND</a>’s new apartment development <a href="https://www.apartments.com.au/new-apartments/the-walden-north-sydney-177-walker-street-north-sydney-nsw-2060">The Walden</a> enters the market with a distinctly residential approach to high-rise living. The 30-level tower will deliver 161 residences, ranging from one-bedroom apartments through to sub-penthouses and a full-floor penthouse, all oriented to capture uninterrupted views across Sydney Harbour, the Opera House, and out toward the Pacific Ocean.

[smartcode_project:default project_id=134323 project_image_fid=6395]

Designed by <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a>, the project takes advantage of the site’s natural topography and elevated position above the harbour. Rather than relying on density alone, the architecture focuses on outlook, orientation, and spatial flow, with every apartment occupying a corner position to maximise natural light and cross ventilation.

Rothelowman says the site itself shaped much of the architectural response.

“The site has a long history in terms of its inevitable transformation and when we came in, we took inspiration from the idea of reestablishing a sense of the site’s natural terrain and fall. Our scheme aims to integrate with the terrain and the landscape, using the undulating site to slowly reveal glimpses and views of the harbour. The rotation of the tower off grid means every apartment has a view and is naturally cross ventilated. The building's colour palette is quintessentially Sydney, with bronze and sandstone and a luminescent green colour in the glass, making it very earthy and grounded in its location.”

[smartcode_project:default project_id=134323 project_image_fid=6399]

Inside the residences, the emphasis moves toward larger-format living typically associated with standalone homes. Kitchens sit at the centre of the apartments, connecting directly to open-plan dining and living areas before extending outward into expansive winter gardens and balconies. Calacatta marble, bespoke joinery, integrated appliances, and custom metal detailing are used throughout, while three distinct interior palettes, Terrace, Opera, and Harbour, allow buyers to personalise the spaces without compromising the architectural consistency of the project.

The larger residences place particular attention on separation between entertaining and private zones. In many apartments, master suites occupy the outer corners of the floorplates, allowing bedrooms to benefit from floor-to-ceiling glazing and harbour outlooks independent of the living spaces. Dressing rooms and ensuites continue the material palette through fluted detailing, freestanding baths, and layered stone finishes.

Rothelowman says the design intent centred on creating homes that feel enduring rather than transient.

“Our philosophy is all about the way people live in these spaces, and we wanted to create homes that reflect the quality of life in this unique Sydney location. The apartments showcase expansive living spaces that are generous, sophisticated, and bold, with the ability to connect with views throughout each apartment.”

[smartcode_project:default project_id=134323 project_image_fid=353235]

A separate four-storey amenity building known as The Pavilion expands the residential offering beyond the apartments themselves. Positioned alongside the tower, the building consolidates wellness, recreation, and social spaces into a dedicated resident retreat. Facilities include a 20-metre rooftop pool and sundeck, sauna, spa, ice bath, wellness studio, gymnasium, concierge service, wine cellar, residents’ lounge, private dining spaces, and dedicated co-working areas with meeting rooms and boardroom facilities.

The amenity mix reflects the buyer profile emerging in North Sydney, where owner-occupiers and downsizers are increasingly prioritising convenience, apartment scale, and long-term usability over purely investment-driven decisions.

The Walden also represents a significant milestone for ALAND, marking the company’s first major move into Sydney’s inner-city luxury apartment market after more than two decades delivering large-scale residential communities across Greater Sydney. Founder Andrew Hrsto says the Walker Street site stood apart because of both its positioning and its rarity.

[smartcode_project:default project_id=134323 project_image_fid=6390]

“As a company, we had been searching for a site in one of Sydney’s blue-chip locations, spanning the Eastern Suburbs, the Sydney CBD and the North Shore, and when we had the opportunity to purchase this site, we immediately recognised that it could be something iconic.”

At launch, The Walden recorded more than $103 million in sales, with buyers drawn to the project’s harbour positioning, apartment scale, and proximity to the Metro, which now connects North Sydney to Barangaroo in three minutes and Martin Place in five.

ALAND has commenced construction, and is expecting a completion date in 2028.

[smartcode_project_cta:default project_id=134323]

The Walden pairs house-scale living with North Sydney connectivity

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

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

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

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

Every First Home Owner Grant for new property by state

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

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

Staff Writer

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

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

alisonwarters@gmail.com

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

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

Ellen Walker

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

Construction has officially commenced at <a href="https://www.apartments.com.au/new-apartments/botanical-turner-2-forbes-street-turner-act-2612">Botanical Turner</a>, one of Canberra’s most anticipated new residential communities, with site works well underway in preparation for the piling rig to arrive in November. &nbsp;

Developed by <a href="https://www.apartments.com.au/developers/amalgamated-property-group">Amalgamated Property Group</a> in partnership with <a href="https://www.apartments.com.au/developers/base-developments">Base Developments</a>, Botanical Turner builds on the team’s proven track record of delivering landmark projects across Canberra and beyond. It is being brought to life by the highly respected team at <a href="https://www.apartments.com.au/builders/milin-builders">Milin Builders</a>, known for delivering a number of award-winning projects across the ACT.&nbsp;

Almost 50 per cent of the residences have already sold during Stage 1, signalling both the strength of &nbsp;buyer confidence and the rarity of Botanical’s offering.

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Graham Potts, Principal and Founding Director of Amalgamated Property Group, said the market response affirms the vision for Botanical.&nbsp;

“To see construction now underway is a milestone for both our team and our buyers. Nearly half &nbsp;of the residences have been secured in this first stage, which validates our approach of creating &nbsp;homes that are both distinctive in design and generous in scale. Botanical is more than a &nbsp;residential project, it’s a contribution to the future of Canberra’s inner north, designed to hold its &nbsp;value for generations to come.”&nbsp;

Proving popular with owner-occupiers, Botanical Turner offers a broad range of floorplans with one-, two-, and three-bedroom residences designed for flexibility. The project has drawn the attention of downsizers in particular, who value the low upkeep, leafy inner-north location, and forward-thinking considerations for storage and functionality.&nbsp;

&nbsp;

[smartcode_project:default project_id=149632 project_image_fid=338671]

Designed by award-winning <a href="https://www.apartments.com.au/architects/sjb-architects">SJB Architects</a> (2023 International Interior of the Year at World &nbsp;Architecture Festival and 2024 Premiers Prize at NSW Architecture Awards), Botanical Turner &nbsp;makes a statement in both presence and liveability. The building’s bold geometric form is layered in a palette of red brick, terracotta and crisp white.

Carefully integrated communal spaces, including a landscaped courtyard, arched walkways &nbsp;and open thoroughfares, give residents a sense of connection and ease, while the abundant &nbsp;amenities reflect the expectations of a discerning market backed by Amalgamated’s lifestyle-led approach. These include a concierge, indoor lap pool set among greenery, spa, sauna, &nbsp;steam room and a fully equipped gym.

[smartcode_project:default project_id=149632 project_image_fid=338674]

Keenan Veraar, <a href="https://www.apartments.com.au/project-marketer/lj-hooker-project-marketing-act-0">LJ Hooker</a>, said Botanical Turner has exceeded expectations in terms of demand.&nbsp;

“Botanical Turner has attracted strong early interest and I believe that is because of three key factors; its beautiful build form, the generous apartment sizes, and buyers know they are purchasing into a project backed by one of Canberra’s most respected development partnerships,"&nbsp;Veraar said.

"Amalgamated and Base have delivered time and again, and that consistency gives people confidence. SJB Architects has created outstanding projects interstate using similar &nbsp;tones and materials, all of which have been incredibly well received. That pedigree reassures &nbsp;our buyers that Botanical will set a new benchmark for Canberra.”&nbsp;

[smartcode_project:default project_id=149632 project_image_fid=338672]

Dennis Milin, Principal of Base Developments and Milin Builders, said construction progress is advancing on schedule.&nbsp;

“Off-site works and site servicing are nearing completion, with excavation and preparation for &nbsp;piling equipment in progress to allow for the commencement of basement earthworks," Milin says.

"With decades of delivery experience and a longstanding partnership with Amalgamated, we’re &nbsp;committed to bringing SJB’s vision for Botanical Turner to life. The project will be defined by the &nbsp;same uncompromising standards and attention to detail that underpin every one of our developments.”&nbsp;

Apartments at Botanical start from $600,000.

&nbsp;

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Construction commences at Botanical Turner as stage one reaches 50 per cent sold

Design-led property developer <a href="https://www.apartments.com.au/developers/orchard-piper">Orchard Piper</a> has achieved $125 million in sales prior to publicly launching its latest Toorak Village development, <a href="https://www.apartments.com.au/new-apartments/one-toorak-place-7-19-carters-avenue-toorak-vic-3142">One Toorak Place</a>, to market.

The milestone was reached with the sale of a four-bedroom, three-and-a-half bathroom apartment to a Toorak local for $13.75 million, achieving per square metre rates of $37,000.

Another notable recent transaction is the sale of a four-bedroom, three-and-a-half-bathroom residence to Toorak local Paul Rosen for $12.65 million in July representing a square meter rate of $43,174.&nbsp;

In May, the development made history with the record-breaking penthouse sale of more than $20 million, to Group CEO at Accent Group Limited Daniel Agostinelli and his wife Lynette.&nbsp;

[smartcode_project:default project_id=140659 project_image_fid=352237]

Orchard Piper Director Luke McKie said the record breaking achievement and sales success reflects the demand for thoughtfully designed, luxury residences and the unique lifestyle proposition of a serviced residential building that offers the scale of a home, but with added lifestyle benefits, high security and amenity.

“The early purchasers of this project are very familiar faces to Orchard Piper. Many of them are Toorak locals who have waited years for the right project to buy into. They understand how rare this offering is, and trust us to deliver them an outstanding property.”&nbsp;

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Developed in collaboration with joint venture partner NPACT (a partnership between James Packer’s family office and Todd Nisbet), One Toorak Place introduces a new model of hotel-style residential living to the suburb.&nbsp;

Located at 7-11A and 17-19 Carters Avenue, the development includes a collection of two-, three-, and four-bedroom residences and penthouses, boutique commercial suites, curated retail and an integrated hospitality precinct by acclaimed restaurateur Chris Lucas.

Delivered in his signature style, the precinct will be curated to reflect the spirit of the neighbourhood and the lifestyle of its residents. Lucas will also design a suite of bespoke services for residents of the building, including in-residence private dining, cellar concierge services and priority access to all Chris Lucas restaurants.&nbsp;

[smartcode_project:default project_id=140659 project_image_fid=352238]

Designed by <a href="https://www.apartments.com.au/architects/kerry-hill-architects">KHA (Kerry Hill Architects)</a>, residents will enjoy access to hotel-style five-star services and amenities, including concierge, a 25-metre lap pool, full-service gym, sauna, steam room, and hot and cold therapies. Also included are a dedicated resident lounge, resident meeting room, a golf simulator, and practical facilities such as dog-wash and car-wash bays.&nbsp;

One Toorak Place is Toorak’s largest planning approval to date, occupying the 3,589 sqm former Mercedes-Benz Toorak site. With a total of 5,000 sqm of premium land under development across two projects in Toorak Village, Orchard Piper’s contribution to the precinct is set to surpass $550 million in value, reinforcing its long-term commitment to design-led renewal in the area.&nbsp;

Construction on One Toorak Place is expected to commence towards the end of 2025.&nbsp;

[smartcode_project_cta:default project_id=140659]

The development is now over 30 per cent sold by value in under three months, with significant sales including a record-breaking $20 million penthouse, and two four-bedroom apartments for $13.75 million and $12.65 million. 

Orchard Piper achieves $125 million in pre-launch sales at Packer-backed Toorak Village development

The first large-scale residential community built on the Gold Coast’s <a href="https://www.apartments.com.au/developments/isle-of-capri-qld-4217">Isle of Capri</a> in more than 30 years is nearing sell-out, with limited villas now available in the exclusive island enclave.

Developed by <a href="https://www.apartments.com.au/developers/monaco-property-group">Monaco Property Group</a> and built by <a href="https://www.apartments.com.au/builders/greyburn">Greyburn</a>, Capri Villas brings 48 architect-designed homes to one of the Gold Coast’s most sought-after addresses. The gated community combines privacy, security and premium design in a central location.

Michael Kollosche, Managing Director of <a href="https://www.apartments.com.au/project-marketer/kollosche-new-projects">Kollosche</a>, said security and lifestyle are front of mind for today’s buyers.

“Capri Villas offers the comfort of a home, the convenience of a central location, and the confidence that comes with a gated community.”

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With only a handful of villas remaining, the sales momentum reflects both strong buyer demand for <a href="https://www.apartments.com.au/buildings/capri-villas-81-salerno-street-isle-of-capri-qld-4217">Capri Villas</a> and a broader shortage of new, move-in-ready boutique homes on the Gold Coast.

The villas span two levels, each with three bedrooms, generous living areas and high-end finishes such as marble kitchens with Gaggenau appliances. Solid concrete construction underpins the design, while landscaped courtyards extend living spaces outdoors. Practical inclusions like secure garaging, ducted climate control and ample storage enhance everyday comfort.

Residents also have access to resort-style facilities within the gated grounds, including a swimming pool with cabanas and day beds, landscaped outdoor entertaining areas with barbecues, and a residents’ lounge.

[smartcode_project:default project_id=139511 project_image_fid=351872]

“Opportunities like this don’t come up often,” Kollosche added.

“Capri Villas combines security, design and location in a way that is rare on the Gold Coast and the level of interest we’re seeing reflects that.”

Isle of Capri is an island community tucked in behind Surfers Paradise, offering residents a quieter lifestyle while remaining close to the action. Linked to the beachfront by bridge, the suburb is favoured for its walkability, with Capri on Via Roma (including Harris Farm Markets) providing dining, cafes and essentials just 800 metres away. Beaches, restaurants and entertainment are close at hand, while transport connections add to the suburb’s appeal.

Capri Villas are located at 81 Salerno Street, Isle of Capri. Two-level, three-bedroom villas are priced from $2.4 million.

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Capri Villas approach sell-out following recent completion

A new 12-storey residential tower has been proposed for a compact site in Surfers Paradise, adding to the precinct’s steady transformation with a design that emphasises boutique scale and coastal proximity.

Prominence Developments has lodged a development application for the project at <a href="https://www.apartments.com.au/new-apartments/23-leonard-avenue-surfers-paradise-qld-4217">23 Leonard Avenue</a>, with plans prepared by <a href="https://www.apartments.com.au/architects/bda-architecture">BDA Architecture</a>. The proposal comprises 15 apartments across the 36.4-metre-tall building.

According to the Urban Design Report by BDA Architecture, the project “presents an exciting opportunity to create a boutique residential tower within the evolving precinct of Surfers Paradise,” with the building designed to complement the local skyline and maximise views of the Nerang River and coastline.

<img alt="23 Leonard Avenue, SURFERS PARADISE QLD 4217" data-entity-type="file" data-entity-uuid="93f4c4b3-abda-4b85-973d-21184ef1e874" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/gold%20coast%20da.png?VersionId=_36oBqDF0GgFSHZPmM4B5j0gKOZjRuf_" />

The apartment mix includes both two and three-bedroom configurations, each with expansive balconies designed as outdoor living rooms. The smaller number of apartments per floor is intended to create a sense of privacy and exclusivity.&nbsp;

“These spacious apartments are designed to accommodate a range of varying demographic, with an emphasis on maximizing natural ventilation and light,” BDA noted in their Design Report.

The podium levels incorporate car parking, 25 spaces in total including four visitor bays, while the ground plane is landscaped and elevated to provide shaded communal areas and a welcoming lobby.&nbsp;

<img alt="23 Leonard Avenue, SURFERS PARADISE QLD 4217" data-entity-type="file" data-entity-uuid="d673c71e-9a44-4895-bf7d-84733ad642a4" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/da%20podium.png?VersionId=WblWQ3FHZXNNi3PZ3ozUTWWo92AG3BvV" />

Batten screening to the side boundaries helps direct apartment views toward the street while maintaining privacy for neighbouring dwellings.

The architectural intent also draws on local sub-tropical conditions, with emphasis on ventilation, solar access, and organic forms. Landscaping plays a strong role across the ground level and podium edges to soften the built form.

Positioned just a short walk from the beach, the site benefits from close access to public transport, including G:link light rail stations, and is near local parks, cafes, and the broader Surfers Paradise retail precinct. The site itself is flanked by low-rise apartments and residential dwellings, aligning with the City Plan’s intent to support increased density within the high-density residential zone.

Boutique apartment development planned for Leonard Avenue, Surfers Paradise

Sherpa Property Group has quickly become the most active developer in Palm Beach.

Their recent descent on the beachside Gold Coast suburb has been driven primarily by their new affordability-focussed brand, Flourish, which, with considerably lower entry points than most projects across the whole region, has unsurprisginyl been a hit with buyers.

Their latest Flourish play is on Sixth Avenue, where they are proposing <a href="https://www.apartments.com.au/new-apartments/flourish-oasis-7-9-sixth-avenue-palm-beach-qld-4221">Flourish Oasis</a>, 47 apartments across a 14-storey building.

<img alt="9 Sixth Avenue" data-entity-type="file" data-entity-uuid="71c9fddd-0075-4b74-9516-27293545285a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/perspective_1.png?VersionId=5RWz4W8lpf9Xk7RKd5GumW1bdWrs5nou" />

Flourish Oasis takes cues from the site’s proximity to the beach and the relaxed coastal lifestyle, according to the documents submitted to the Gold Coast City Council by HAL Architects.

“Balconies stretch like waves and wings, echoing the motion of the sea and sky,” the architecture firm noted, describing the facade’s form as "fluid and expressive."

In line with Sherpa's commitment to rooftop amenity, Oasis will have a rooftop&nbsp;pool, hot and cold plunges, and barbecue and alfresco spaces, all set amid extensive landscaping and with views across the coastal skyline.

<img alt="Flourish" data-entity-type="file" data-entity-uuid="2bbe3b23-e7dc-455f-a45d-8379819a492e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-09-30%20at%203.55.12%E2%80%AFPM.png?VersionId=b_f6YkSgg039_u4FOim8qbVpVZVZqXNP" />

Sherpa only recently acquired the 810 sqm site, in another site acquisition splurge which also included a 2,050 sqm site at 1156-1164&nbsp;Gold Coast&nbsp;Highway.

Flourish Oasis, and the Gold Coast Highway project, will become&nbsp;Sherpa's third and fourth Flourish projects in Palm Beach, after Ovana and Flourish on Sixth. The developer expanded into&nbsp;<a href="https://www.apartments.com.au/developments/brisbane-qld" target="">Brisbane</a>&nbsp;recently, launching Symphony, another under the Flourish banner.

Christie Leet, founder of&nbsp;<a href="https://www.apartments.com.au/developers/sherpa-property-group" target="">Sherpa</a>, the group’s ambition is to lead&nbsp;<a href="https://www.apartments.com.au/developments/palm-beach-qld-4221" target="">Palm Beach</a>’s renewal.&nbsp;

“<a href="https://www.apartments.com.au/developments/palm-beach-qld-4221" target="">Palm Beach</a>&nbsp;is buzzing, but it’s been near impossible for locals to find something new that fits their lifestyle and budget,” Leet said.&nbsp;

“There’s a significant price gap between beachfront and non-beachfront properties – typically around 30 per cent, but in&nbsp;<a href="https://www.apartments.com.au/developments/palm-beach-qld-4221" target="">Palm Beach</a>&nbsp;it can be closer to 100 per cent.&nbsp;That presents a tremendous opportunity, and we believe it’s our obligation as Sherpas to identify and deliver it for our community.”

First look: Sherpa continues to expand Palm Beach pipeline with plans for Flourish Oasis

The affluent suburb of Neutral Bay is continuing to go through a new development transformation.

Several developers have jumped into the Lower North Shore locale in recent years, bringing new housing supply to the suburb considered one of the best in the region.

Growing developer CPDM is the latest entrant, as they continue to bolster their portfolio that includes several projects in&nbsp;Lindfield, Gordon and Cremorne.

They are planning a new eight-level building in Neutral Bay, with 25 apartments. They'll be triggering the affordable housing uplift, with six of the apartments dedicated as affordable.

The site, at <a href="https://www.apartments.com.au/new-apartments/27-37-bydown-street-neutral-bay-nsw-2089">27-37 Bydown Street</a>, is an amalgamation of six lots creating over 1,210 sqm just 50m from Military Road. It is currently occupied by several 1890s terraces which aren't heritage listed.

<img alt="First look: CPDM plans eight-storey apartment project with affordable housing in Neutral Bay" data-entity-type="file" data-entity-uuid="8099dd7a-074e-4b32-89fd-cbc0a8f14dc9" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/1.png?VersionId=4pnt9IefUuMgy083LA1clU33DUzxyEaK" />

<a href="https://www.apartments.com.au/architects/pbd-architects">PBD Architects</a>&nbsp;wrote in their submission to the North Sydney Council&nbsp;that the project’s massing, materiality, and setbacks are carefully calibrated to respond to the area’s shifting scale, citing “a gradual transition toward medium density development in pockets close to transport corridors and commercial precincts”.

“The development’s density is thoughtfully planned to be sustainable, capitalising on existing and future infrastructure, access to public transport, the site’s cultural and community value, and its environmental attributes,” PBD also noted.

The apartment mix is&nbsp;skewed toward larger residences, with 18 of the 25 apartments having three bedrooms. The remaining will have two bedrooms.

<img alt="First look: CPDM plans eight-storey apartment project with affordable housing in Neutral Bay" data-entity-type="file" data-entity-uuid="c4057575-4c54-4572-914a-5a90e9983933" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/3_0.png?VersionId=Xaa6Xrtk0b8I9jz0AbScBGfTmy15B8iE" />

Neutral Bay is undergoing a transformation, with several new developments, and a new mixed-use precinct, slated for the Lower North Shore suburb.

Fabcot, the development arm of supermarket giant Woolworths, has plans for a new $170 million development on the corner of Yeo Street and Rangers Road. They are <a href="https://www.apartments.com.au/news/nsw/woolworths-fabcot-propose-neutral-bay-shoptop-housing-after">envisaging 70 apartments above a public plaza</a> with a new full-line Woolworths and medical facilities.

<a href="https://www.apartments.com.au/developers/abadeen">Abadeen</a> is close to completing <a href="https://www.apartments.com.au/new-apartments/the-villas-neutral-bay-7-11-premier-street-neutral-bay-nsw-2089">The Villas</a>, 18 two- and three-bedroom apartments on Premier Street, while <a href="https://www.apartments.com.au/developers/thirdi-group">Third.i</a> is soon to launch <a href="https://www.apartments.com.au/new-apartments/casa-neutral-bay-76-ben-boyd-road-neutral-bay-nsw-2089">CASA</a>, a collection of whole-floor apartments on Ben Boyd Road.

First look: Neutral Bay transformation continues as new eight-level building pitched

Allen Linz's Rebel Property Group is the latest developer to takes its development to the NSW Government.

Rebel has applied for a State Significant Development Application (SSDA) for its <a href="https://www.apartments.com.au/new-apartments/164-192-william-street-woolloomooloo-nsw-2011">major urban renewal project on William Street</a>. They have concept approval from December 2023 for the 6,400 sqm site at the southern end of the street. That scheme accounted for around 230 apartments, above a new&nbsp;precinct combining residential, commercial, and recreational uses.&nbsp;

The SSDA will seek further uplift through&nbsp;bonuses under the State Environmental Planning Policy (Housing) 2021.

<img alt="Rebel" data-entity-type="file" data-entity-uuid="672c0a88-01e9-4845-8dd0-33e3b165d08e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-09-30%20at%207.11.52%E2%80%AFAM.png?VersionId=TmfhjAulgEjM1UDc20mkxXqZEyqOEY0P" />

FJC Studio won the design competition for the project in 2024.&nbsp;According to the Town Planning Report prepared by Urbis, the outcome of the competition “resulted in a high-quality urban design outcome that aligns with the desired future character of the area.”&nbsp;

“The proposal seeks to realise the full potential of the site through a contextually sensitive, high-quality urban design response that delivers housing diversity in close proximity to employment, services, and transport,” the Scoping Report submitted to the NSW Government states.

The exhibition stage of the SSDA process will provide more transparency into the number of apartments sought by Rebel, a name synonymous with creating some of the Eastern Suburbs best new developments.

Linz founded Rebel in the late 1990s. They have been behind the redevelopment of the famous Bondi Pacific on Campbell Parade, as well as The Bond, also at Bondi Beach, and Top of the Town in Darlinghurst.

First look: Rebel Property Group takes Woolloomooloo precinct to NSW Government

<a href="https://www.apartments.com.au/developers/thirdi-group">Third.i Group</a>&nbsp;and joint venture partner&nbsp;NPACT has unveiled its luxury new apartment development, The Rushcutters, offering prospective apartment buyers a rare opportunity to buy brand new into one of Sydney's most tightly-held Harbourside suburbs.

<a href="https://www.apartments.com.au/new-apartments/the-rushcutters-51-57-bayswater-road-rushcutters-bay-nsw-2011">The Rushcutters</a> will comprise 12 two- and three-bedroom apartments, and one full-floor penthouse. They range in size from over 120 sqm to nearly 200 sqm. It will sit conveniently between the water at Rushcutters Bay and the cosmopolitan suburb of Potts Point, renowned for its dining, boutique shopping, and cafes, all while being just 200m from the Kings Cross entertainment precinct.

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With exterior and interior architecture by award-winning architects <a href="https://www.apartments.com.au/architects/woods-bagot">Woods Bagot</a>, The Rushcutters honours the Art Deco heritage of the local area while blending natural beauty with contemporary sophistication.&nbsp;

Residences capture north-west and north-east vistas through open-plan layouts, private balconies, and a communal rooftop terrace offering panoramic views. Interiors feature stone, timber, and brass finishes, premium Wolf and Miele kitchens, and spa-like bedrooms and bathrooms.

[smartcode_project:default project_id=144646 project_image_fid=351901]

Luke Berry, Co-Founder of Third.i Group, said The Rushcutters captures the perfect balance of city-centre energy and harbourside serenity.

"It’s a rare project that combines location, lifestyle, and timeless design that people will aspire to be part of. Beautiful for residents and the community alike, it will create a lasting legacy for Rushcutters Bay," Berry said.

"We expect it will attract downsizers, rightsizers, and those seeking an exclusive opportunity in the inner-east, and it stands among the best projects we’ve ever delivered.”

[smartcode_project:default project_id=144646 project_image_fid=351902]

Jason Fraser, Principal at Woods Bagot, who collaborated with Third.i on their mixed-use Elevate Crows Nest project and is now partnering with them on The Rushcutters, said the site’s location and outlook shaped every element of the design, drawing on Art Deco and mid-century forms through a contemporary lens.

"The project celebrates the character of Rushcutters Bay while creating something distinctive and truly special for residents and the local area.”

[smartcode_project:default project_id=144646 project_image_fid=351900]

The Rushcutters is the latest in Third.i Group’s portfolio of boutique Sydney residential developments, including Kurraba Residences in Kurraba Point, Muse in Potts Point, and Casa in Neutral Bay.

“Third.i is committed to innovative brilliance and creating architecturally inspired, high-quality living environments that enhance Sydney’s urban fabric and leave a lasting legacy for generations to come,” Berry added.

Apartment prices range from $4.95 million to $17.88 million.

[smartcode_project_cta:default project_id=144646]

Third.i Group and NPACT launch The Rushcutters

Sekisui House Australia's decade-long redevelopment of the Peter's Ice Cream Factory in West End, is approaching its conclusion.

Construction has officially kicked off at Callista on Park, the final tower in the $1.2 billion, multi award-winning precinct.&nbsp;<a href="https://www.apartments.com.au/builders/hutchinson-builders">Hutchinson Builders</a>, who have delivered every stage of West Village over the past nine years, will deliver Callista on Park, 96 luxury apartments and an abundance of resident facilities across a sculptural 14-storey tower.

[smartcode_project:default project_id=134800 project_image_fid=351537]

West Village Project Director Taku Hashimoto said <a href="https://www.apartments.com.au/new-apartments/callista-on-park-west-end-49-mollison-street-west-end-qld-4101">Callista on Park</a> represented the final opportunity to purchase an off-the-plan residence in the multi-award-winning community.

“Callista on Park is the last-ever instalment of West Village’s masterplan that has breathed new life into this heritage precinct, providing new green spaces, residential buildings, and cultural and commercial spaces alongside more than 35 retail, dining and health operators,” Hashimoto said.

“As the final premium residential offering in the precinct, Callista on Park will continue to deliver homes of the highest quality finishes, bespoke design detail, and spacious indoor and outdoor areas, perfectly suited to Brisbane’s sub-tropical lifestyle with access to amazing amenities on the doorstep.

“We are proud to extend our trusted 10-year partnership with Hutchinson Builders to complete this visionary community, cementing West Village as one of Brisbane’s most celebrated urban renewal projects.’’

[smartcode_project:default project_id=134800 project_image_fid=351535]

Hutchinson Builders Chairman Scott Hutchinson said the family company had created some of <a href="https://www.apartments.com.au/developments/west-end-qld-4101">West End</a>’s most important buildings over the past nine decades.

“Hutchies has actually been part of West End since the 1920s when we had our original yard on Montague Road,’’ Hutchinson said.

“We’ve also had a long history with the site, having worked on the original Peters ice cream building in 1943 and since 2015, we’ve built every stage of the new West Village precinct, including the refurbishment of the ice cream factory.

“It’s a bit surreal to be starting this final stage. The whole Hutchies’ team is very proud to have played a part in such an iconic mixed-use precinct that is close to our hearts.’’

[smartcode_project:default project_id=134800 project_image_fid=330244]

Callista on Park, located adjacent to Mollison Park, is the final piece of the masterplan that will provide almost 1,000 apartments across eight residential towers, two townhouses, the Greenhouse commercial building, and the restored Peters ice cream factory with its retail and dining spaces.

Designed by award-winning architecture studio <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a>, the distinctive new residences feature generous balconies, most located on the northern and eastern face to capture views down Melbourne Street and across the Brisbane CBD, and ample natural light to create quality outdoor spaces.

A unique feature is the building’s rooftop conservatory, where wildflowers will grow amongst undulating grassed areas and residents will enjoy premium recreational spaces including an infinity pool, spa, BBQ areas, lounge, and private dining room with a chef’s kitchen.

[smartcode_project:default project_id=134800 project_image_fid=341716]

The first release of three and four-bedroom apartments meets the growing demand for house-size, low-maintenance residences in the inner city, with prices starting from $2.4 million for three bedroom residences.

West Village, with a 99/100 walk score, is a stroller’s paradise located only 800m from the Brisbane CBD, close to prestigious schools, universities and hospitals, with the River Walk connecting to South Bank’s parkland precinct.

Hashimoto said West Village had evolved into an energetic inner-city neighbourhood over the past decade, and a retail, dining and cultural destination in its own right.

[smartcode_project:default project_id=134800 project_image_fid=330235]

“West Village is a community designed to be treasured for generations to come,’’ he said.

“It is fitting that this final stage connects with, and embodies, our values of community, sustainability and design-driven amenity to elevate people’s experience of where they live.

“There will never be another opportunity like it at West Village.’’

Callista on Park is due for completion in late 2027.

[smartcode_project_cta:default project_id=134800]

Hutchies starts construction on West Village's final apartment building

A slender, sculptural tower designed by acclaimed architects <a href="https://www.apartments.com.au/architects/candalepas-associates">Candalepas Associates</a> will soon rise just moments from Hyde Park, following the demolition of the Polding Centre on Liverpool Street, formerly home to the Sydney Archdiocese.

The project, known as <a href="https://www.apartments.com.au/new-apartments/hyde-metropolitan-sydney-133-141-liverpool-street-sydney-nsw-2000">Hyde Metropolitan</a>, is being delivered by leading Sydney developer <a href="https://www.apartments.com.au/developers/deicorp">Deicorp</a> and will now combine a boutique hotel of 100 rooms with 170 luxury residences positioned above, capturing panoramic views over Hyde Park, the city skyline, and Sydney Harbour.

Residents will enjoy amenities including a 20-metre podium pool, outdoor terraces with barbecue facilities, and a gym. A dedicated concierge service, a signature ground-floor restaurant, and a Skybar on level six complete the offering for residents and hotel guests.&nbsp;

[smartcode_project:default project_id=21809 project_image_fid=351916]

Positioned within steps of Museum Station and the new Gadigal Metro, Hyde Metropolitan offers unparalleled connectivity to Sydney’s transport network, luxury retail, cultural institutions and the city’s world-class dining scene.

“The Hyde Park precinct is on the cusp of a real shift, not just in look and feel, but in how people live and connect here,” said Fouad Deiri, Founder of Deicorp.&nbsp;

“With Oxford Street set to re-emerge as one of Sydney’s most vibrant destinations, Tech Central on the doorstep, and the new metro only a block away, Hyde Metropolitan sits at the heart of a precinct being purposefully reimagined for the future."

[smartcode_project:default project_id=21809 project_image_fid=351920]

Deiri says they have&nbsp;considered every detail, from the architecture to the lifestyle amenities, to create a building that celebrates Hyde Park’s legacy while offering a level of sophistication rarely seen in CBD living.

“The addition of a boutique hotel makes Hyde Metropolitan both a landmark residential address and a destination in its own right. It brings together homes, hospitality, and lifestyle in one of Sydney’s most connected locations."

[smartcode_project:default project_id=21809 project_image_fid=351912]

The interiors feature winter gardens,&nbsp;timber flooring, curated palettes, and high-end finishes.

Demolition of the former Polding Centre is now complete, with construction now underway. Hyde Metropolitan is now selling, with residences priced from $1.48 million.

[smartcode_project_cta:default project_id=21809]

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