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.

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<h2>Who pays Stamp Duty?</h2>

In some circumstances, you may get an exemption. For some states, you won’t have to pay for stamp duty if you are a first home buyer or a pensioner for houses under a particular price. There are also stamp duty concessions, where you may be entitled to a discount.

<h2>How much does Stamp Duty cost?</h2>

Each state has different rules which affect how much you need to pay. These rules can affect the rate you pay, and the timeframe you will need to pay in. Before you buy land or a property, make sure you check the up-to-date information for your state’s stamp duty.

You can use a free stamp duty calculator online to see approximately how much you’ll need to pay. Find out if you’re eligible for an exemption by enquiring on a project via Urban!

Overall, the stamp duty you need to pay will depend on:

<ul>
	<li aria-level="1">How much your land/property is worth</li>
	<li aria-level="1">Where your land/property is located</li>
	<li aria-level="1">What type of land/property it is</li>
</ul>

Want to find out more? <a href="https://www.youtube.com/@UrbanAustralia?utm_source=YouTube&amp;utm_medium=Video&amp;utm_campaign=Subscribe&amp;utm_id=Subscribe">Subscribe to our YouTube channel</a> for more property videos.

Ellen Walker

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

The freehold interest in Surfers Paradise’s popular Irish pub, the D’Arcy Arms has hit the market, providing a sought after residential-tourism opportunity.

Located at the corner of 2921 Gold Coast Highway and Aubrey Street, the offer comprises the D’Arcy Arms and a neighbouring site that is currently a car park. 

It is 250 metres from the beach.

This 3,154sqm site is an amalgam of two lots and is zoned High Density Residential, with no height restrictions.

Vendor Mick Power, Chairman of BMD Group, has appointed Mark Witheriff and Daniel Doran from CBRE Gold Coast and Paul Fraser from CBRE Hotels, to manage the expressions of interest campaign.

It closes on October 6.

Power bought the pub in 2004. It had been trading since 1988.

 “The D’Arcy Arms and adjoining land is in a development hot spot near Northcliffe where activity continues to increase as developers seek to meet sustained market demand, with major developers such as Central Equity and David Devine recently announcing new projects in the area,” Mr Witheriff said.

The Star Casino, Gold Coast Convention & Exhibition Centre and the Pacific Fair Shopping Centre are all within a short distance, with the Gold Coast Airport a 35-minute drive. 

The light rail station is just a short stroll from the site and connects patrons from Helensvale to Broadbeach.

Located at 2921 Gold Coast Highway, the offer comprises the D’Arcy Arms hotel and a neighbouring site that is currently a car park

jchancellor-FAypfDUnLy

Surfers Paradise apartment development site listed

The Singapore-based accommodation company Ascott has secured full ownership of Quest, Australia’s biggest serviced apartment provider.

Ascott has acquired founder Paul Constantinou’s remaining 20 per cent stake.

The sale comes after the dire situation in Australian tourism which prompted Quest franchisees to stop paying rent to investor landlords during last year’s pandemic lockdown, resulting in several closures.

Constantinou made a LinkedIn post to confirm the sale of his remaining stake.

I “officially say goodbye” he noted.

He founded Quest in 1988 with premises in Fitzroy which has since become over 170 franchised properties.

It was in 2017 when the Singapore accommodation group, a subsidiary of real estate giant CapitaLand, took its ownership of Quest to 80 per cent after acquiring a further 60 per cent of the business for $193 million.

The initial stake was bought in 2014.

No sale price has been given for the latest tranche.

He departed the senior leadership team in July when hotel veteran David Mansfield took charge of the group.

Singapore-based accomodation company Ascott has secured full ownership of Quest

Quest serviced apartment founder Paul Constantinou sells to Ascott

Hive Properties&rsquo; latest Melbourne development, The Gratis, is a collection of 12 three-bedroom residences in the leafy suburb of Deepdene.

Designed by Embrace Architects and Adele Bates, each apartment encapsulates elegance, style and timeless design.

The project features open-plan living spaces, freestanding baths, ample storage and landscaping by Jack Merlo, offering an ideal setting to entertain or unwind in the home&rsquo;s various living spaces.

[smartcode_project:default project_id=7337 project_image_fid=170639]

Flooded with natural light and luxurious finishes, the Gratis makes each home a private sanctuary.

Still unsure? Urban takes a look at six reasons why buying in Melbourne&#39;s&nbsp;Deepdene could be a smart move.

1. The lush, green setting

<img alt="" height="774" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2021-09-07_at_3.26.24_pm.png" width="1146" />

Residents have convenient access to green spaces in the picturesque eastern suburb of Deepdene, including recreational playing fields, cycle paths, and lively playgrounds.

Promoting an active lifestyle, the Gratis is surrounded by Deepdene Park, Belmont Park, Reservoir Reserve, and Balwyn Park.

2. Deepdene&rsquo;s property value is trending up

The exclusive suburb of Deepdene is the backdrop for The Gratis, where residents are connected to green open spaces and leafy streets.

Deepdene is also seeing a recovery trend with units seeing a 2.2 per cent per annum increase in asking prices over the last three years, according to SQM Research.

3. Great culinary destination

[smartcode_project:default project_id=7337 project_image_fid=170641]

&ldquo;[It is] an easy trip to a variety of fantastic eateries on Whitehorse Road and Cotham Road, from gourmet pizza and pasta to a delicious brunch fare&rdquo;, the project marketing read.

The lively Glenferrie Road is also dotted with trendy cafes and eateries, contemporary restaurants and great dishes.

4. Convenient shopping and retail

The shopping routine is made easy for residents of the Gratis thanks to its close proximity to both Camberwell Junction and Kew Junction shopping areas.

A wealth of shopping and eating destinations are available, including Leo&rsquo;s Fine Food Supermarket, Toscano&rsquo;s, and The Camberwell Place Shopping Centre.

5. Lifestyle offerings

<img alt="" height="860" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2021-09-07_at_3.26.40_pm.png" width="1204" />

Deepdene and the surrounding areas deliver a number of leisure and recreation attractions, such as the Kew Golf Club, Studley Park Golf Course, and Yarra Bend Golf Club only moments away.

&ldquo;Movie lovers will also adore having the Balwyn Palace Cinema and Rivoli Cinemas in close proximity&rdquo;, the developers said.

6. Premier schooling

Some of Melbourne&rsquo;s most sought-after public and private schools are just moments from the residence, making The Gratis a superb destination for families.

These renowned schools include Camberwell Grammar School, Camber-well Girls Grammar School, Genazzano FCJ College, Carey Grammar School, Methodist Ladies&rsquo; College, and Deepdene Primary School.

[smartcode_project_cta: project_id=7337]

Urban takes a look at six reasons why buying in Melbourne's Deepdene could be a smart move

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Six reasons why buying in Melbourne's Deepdene could be a smart move

If you want to live in the heart of Melbourne but not right in the CBD, then just 4 kilometres north-west, you'll find the perfect suburb, Flemington.

Situated right between the Melbourne Zoo and the racecourse, this family-friendly suburb surrounded by parks is only a 9-minute drive to the city – or a 26-minute tram ride.&nbsp;

One of our exciting new listings in Flemington is The Ascot. Take a look at our apartment spotlight video:

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="415" src="https://www.youtube.com/embed/Vise2Dcc2UM" title="YouTube video player" width="660"></iframe>

<h2>THE ASCOT AT A GLANCE</h2>

Developer: Blue Earth Group 
Architect: CHT Architects 
Builder: Hamilton Marino 
Address:&nbsp;72 Ascot Vale Road, Flemington VIC 3031

[smartcode_project_cta: project_id=4739]

[smartcode_project:default project_id=4739 project_image_fid=169155]

Delivered by renowned developer Blue Earth Group, The Ascot follows its predecessors Ivanhoe Gardens and Anthem, which have become Urban best-sellers thanks to their incredible on-site amenity offering and competitively low strata fees.

The Ascot is a boutique development with just 146 residences, with a small number of premium apartments remaining. All apartments feature three bedrooms, two bathrooms and two carparks, with a selection of generous floorplans available.

In the video, we took a look&nbsp;at the floorplans of apartments 501a and 502a. Both boast expansive decks over 100 square metres in size – far greater than that of your average townhome. Property 501a offers expansive south western views of the city skyline, while 502a has a northerly outlook, meaning all day sun.

The property has been designed by CHT Architects in collaboration with Sora Interior Design, with celebrity chef Adam D'Sylva providing expertise for the kitchen layout and functionality.

[smartcode_project:default project_id=4739 project_image_fid=169151]

With The Ascot residences starting at $1.1 million, these homes are $200K - 300K below the suburb median, with the added benefit of luxury amenities including state-of-the-art gym technology, a gold class cinema, golf simulator and games room.

The Ascot also features stunning gardens designed by Jack Merlo Landscape Architects, featuring a tranquil meditation retreat, barbeque and outdoor dining areas and a children's garden.&nbsp;

On days where you want to work from home, The Ascot's co-working lounge is the perfect place to work and overlooks beautiful gardens.&nbsp;

[smartcode_project:default project_id=4739 project_image_fid=169158]

To add to the exceptional convenience of this development, we love that The Ascot allows for easy integration of technological advancements in future. You've got electric car charging bays, fingerprint access and phone operated appliances.

There's also a building app where you can manage post, grocery deliveries, make bookings and more. Plus, you'll have access to keyless click and collect, a dog washing bay and a vehicle cleaning station. All these extra details prove that Blue Earth Group has really taken into account how they can best accommodate each resident's lifestyle.&nbsp;

We've seen buyers take to Blue Earth Groups developments and expect The Ascot to sell out quickly as well. Already 1 &amp; 2 bedroom configurations have completely sold out -&nbsp;giving you a final opportunity to make The Ascot home.

A limited release of 3 bedroom homes are now available. This is a fantastic opportunity to secure exceptional value for money in a great suburb of Melbourne.&nbsp;

[smartcode_project_cta: project_id=4739]

Olivia Round

APARTMENT SPOTLIGHT: The Ascot by Blue Earth Group in Flemington, Melbourne

Thomas Street is the first apartment building within the $2 billion Moonee Valley Park masterplan, currently underway by property developer Hamton and joint venture partners Hostplus and Moonee Valley Racing Club.

Rising six storeys, Thomas Street was designed by the award-winning Rothelowman, who partnered with Hamton for much of the residential work across the project alongside interior design firm Mim Design and Tract Landscape Architects.

Situated in the heart of Moonee Ponds, a sought-after inner-city locale in Melbourne&rsquo;s north-west, Thomas Street offers residents a choice across 69 one, two and three bedroom residences, however the one bedders are now sold out.

Two bedroom apartments start at $645,000 while three-bedders start from $1,090,000.

[smartcode_project:default project_id=103179 project_image_fid=167494]

The building overlooks the leafy greenery of the peaceful Residents Garden. There&rsquo;s a lush vertical garden fa&ccedil;ade and green-laden outdoor areas perfect for entertaining and dining alfresco.

Thomas Street residents will have access to plenty of amenities and services including optional car charging stations and a dog wash station inside. Plus, within the nearby future sister building, there is a lobby, concierge and delivery services on offer.

Located a short walk away inside the Moonee Valley Park masterplan will be Stonepine Square, a Mediterranean style piazza, as well as Cox Place, a dynamic village designed to fulfill convenience and lifestyle needs, from caf&eacute; culture to a social hot spot, business heart and wellness hub.

The nearby Puckle Street offers an established lifestyle destination with abundant boutiques, eateries, and the shopping heart of Moonee Ponds Central.

Delivered in the stages following Thomas Street and Feehan Row, Hamton have kept health in mind with a future Wellness Sanctuary and gymnasium, as well as a rooftop pool with city and racetrack views, accessible to Thomas St residents, and available on an opt-in basis for Feehan Row residents.&nbsp;

The crowning Jewel of the Moonee Valley Park master-plan, the racing club known as The Valley. With a new grandstand, the Moonee Valley Racing Club aims to be the premier night racing venue and is already home to major races like the Cox Plate.

[smartcode_project:default project_id=102580 project_image_fid=167427]

Beyond the Moonee Valley masterplan are a number of shopping options like the nearby Woolworths and Coles in the Moonee Ponds Central Shopping Centre home to numerous specialty stores and eateries.

There is also a thriving nightlife, tour bars like Holmes Hall, Mighty Moonee Ponds and Deluxe Bar, if night races aren&rsquo;t for you.&nbsp;

Thomas Street is just a few blocks away from Pascoe Vale Road, along which is a convenient tram line. It&nbsp;is&nbsp;now under construction with completion anticipated by end 2022.

Situated in the heart of Moonee Ponds, a sought-after inner-city locale in Melbourne’s north-west, Thomas Street offers residents a choice across 69 one, two and three bedroom residences

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A day in the life of a Thomas Street resident at Moonee Valley Park

The number of new loan commitments amongst investors has continued to see steady growth, up 1.8% in July, according to the ABS.

While not as exaggerated as earlier this year, ABS data shows that new loan commitments by investors has risen 98.7% for the year. After a rise of 0.7% in June, the level is the highest seen since the all-time high in April 2015.

This can be attributed in part to interest rates remaining at or near record lows, while the skyrocketing growth towards the start of 2021 was due in part largely to a number of government initiatives including the HomeBuilder Grant.

With investor loan commitments chugging along solidly, Urban has highlighted the developments in the suburbs most popular amongst investors&nbsp;for the month of August.

<h2>Geelong</h2>

[smartcode_project:default project_id=5559 project_image_fid=168395]

Geelong has remained consistently popular among Investors, making an appearance on many of Urban's top investors suburb lists with a particularly strong showing this month. The suburb had more hits than second and third place, Footscray and Moonee Ponds put together.

For good reason, as one of Urban's most popular projects, Ryrie Home, find's itself in Geelong.&nbsp;Ryrie Home sits in the heart of the regional city’s art precinct, pitching its proximity to Melbourne and cheaper housing prices as a drawcard for investors and owner-occupiers alike.

The project was listed as Urban's most popular investor project for Q1 2021 thanks to Geelong’s low vacancy rate of 1.7 per cent and the 10 per cent per annum growth in apartments over the last three years.

And the transport improvements in Geelong, including the $100 million fast rail and the $6.7 billion Westgate Tunnel which will shave 20 minutes off any commute, has investors keen on securing a property in the growing area.

Read more: <a href="/news/vic/why-ryrie-home-geelong-apartments-have-been-a-hit-with-investors">Why Ryrie Home has been so popular with investors</a>.

<h2>Moonee Ponds</h2>

Investors have been attracted to Moonee Ponds over August, with the two headline projects Thomas Street and Feehan Row proving the most popular.

[smartcode_project:default project_id=103179 project_image_fid=167494]

Thomas Street&nbsp;is the first apartment building within the $2 billion Moonee Valley Park master-plan, currently underway by property developer Hamton and financier HostPlus.

Rising six storeys,&nbsp;Thomas Street&nbsp;was designed by the award-winning&nbsp;Rothelowman, who partnered with Hamton for much of the residential work across the project, including Feehan Row, the terrace and house development in the master-plan’s first release.

Being a part of the Moonee Valley Park has residents living alongside&nbsp;the crowning jewel of the master-plan, the horse-racing club now known as The Valley. With a new grandstand, the Moonee Valley Racing Club aims to be the premier night racing venue and is already home to major races like the Cox Plate.

[smartcode_project:default project_id=102580 project_image_fid=167438]

<h2>Southbank</h2>

Southbank's Melbourne Square is another development consistently tracking with as one of Urban's most popular among both investors and first home buyers.

OSK Property are the group behind the boutique collection of homes at Melbourne Square.

Featuring four distinct themes, it has been architecturally designed by Cox Architecture, with interiors by designer Sue Carr, creating open-plan spaces which make the most of the spectacular city views on offer.

[smartcode_project:default project_id=2929 project_image_fid=139894]

Each bedroom boasts sweeping&nbsp;views via floor-to-ceiling glazing, plus the master suites offer a panoramic city vista.

Set for completion in mid 2021, amenities include a full-line Woolworths and other shops as well as resort-style facilities including pools, sauna, spa, gymnasium and a yoga room.

<h2>Ivanhoe</h2>

[smartcode_project:default project_id=22308 project_image_fid=75052]

Investors have shown interest in&nbsp;Blue Earth Group's latest apartment development, Ivanhoe Gardens, in Melbourne's north-east, which will offer&nbsp;over 2,000 sqm of dedicated amenity space.

The development, built across two stages by leading builder Hamilton Marino to designs by CHT Architects, has 13 different entertainment zones.

Ivanhoe Gardens is situated just off Bell Street, Ivanhoe’s main arterial road. It is near a significant employment hub, with Victoria’s largest medical precinct and La Trobe University within a 4-kilometre radius.

The development is made up of two buildings, Bloomfield, which is stage one of the development, and Linden &amp; Arbour, which is stage two.

The number of new loan commitments amongst investors has continued to see steady growth, up 1.8% in July ABS data found

Melbourne's most popular suburbs for investors in August

First home buyers were well and truly back in the market, in their droves, earlier in the year, with stamp duty concessions and HomeBuilder grants giving those who were yet to get on the ladder a firm footing in&nbsp;the property market.

Demands has unsurprisingly tapered a touch from the segment, but many developers and agents are reporting just as strong interest, given how well the property market held up over the pandemic, paired with record low interest rates that are likely to be in place until 2024.

ABS data showed&nbsp;first home buyer commitments remain 20.4 per cent&nbsp;higher compared to this time last year.

With first home buyer loan commitments still holding strong, Urban has highlighted the&nbsp;developments in the suburbs&nbsp;most popular&nbsp;amongst first home buyers for the month of August.

<h2>Brunswick</h2>

Always a popular spot for the younger, first home buyer demographic, Urban&#39;s most popular suburb in August was Brunswick, in Melbourne&#39;s north.

When COVID lockdowns lift, Brunswick will again be home to&nbsp;live music, upbeat pubs and beer gardens. At the area&#39;s heart, Sydney Road has Middle Eastern and Mediterranean eateries, offbeat shops, shisha lounges and cafes along its considerable length. Neighbouring East Brunswick is more upscale, home to upwardly mobile professionals and craft-beer bars.

One of the most popular projects in the area is&nbsp;4 Ballarat Street, developed by&nbsp;Assemble&nbsp;Futures.

Designed by&nbsp;Fieldwork Architects&nbsp;and with landscaping&nbsp;by Rush Wright, 4 Ballarat&nbsp;places an emphasis on providing a seamless transition to the natural environment, with each apartment running on 100% renewable energy.&nbsp;

[smartcode_project:default project_id=94542 project_image_fid=160730]

Located in the heart of Brunswick, a popular location for cafes and restaurants, Assemble Futures are offering a&nbsp;rent-with-the-option-to-buy model which has made this development particularly popular amongst first home buyers.

The new rent-with-the-option-to-buy model offers a more accessible pathway to owning a home, that bridges the gap between renting and buying. Once the applicant signs the lease agreement and contract of sale, they secure five years agreed rent with the option to buy their home at the end of the lease period.

<h2>Keysborough</h2>

Keysborough is a family-friendly suburb, 27 kilometres south-east of Melbourne, and is drawing attention for those working from home, and young families, due to its larger, and more affordable, apartments and townhouses.

Haven Townhomes has been consistently drawing attention with affordable three and four bedroom townhomes on offer, with young families particularly interested.

Developed by Aultun Group and&nbsp;designed by Cera Stribley Architects, The Haven estate encompasses a variety of two storey floor plans with the option of choosing a house and land package, or an off-the-plan purchase.

Situated surrounded by thriving wetlands and meandering walking trails, each of the 59 Haven Townhomes are in a prime position for sweeping&nbsp;views, access to nature and convenient&nbsp;amenities.

[smartcode_project:default project_id=8082 project_image_fid=59642]

It is set for completion in December 2021.

<h2>Preston</h2>

Back to Melbourne&#39;s inner-ring, just past Brunswick, is the equally lively Preston, a popular haunt for sport enthusiasts with its number of AFL clubs and sporting grounds.

The latest residential offering to hit High Street is Due North, set in the heart of Preston. The architecturally designed apartment building developed by Caydon Property&nbsp;boasts rooftop living, Melbourne views and spacious apartments.

Situated within 20 minutes of the Melbourne CBD, residents at Due North can enjoy the diverse choice of restaurants, bars, fashion stores found on High Street.

Due North&nbsp;offers residents the chance to make the most of Northside living, boasting rooftop space, a coworking area in the lobby and three retail spaces.

[smartcode_project:default project_id=5502 project_image_fid=155342]

The development&nbsp;boasts&nbsp;environmentally conscious&nbsp;features and is designed to decrease energy consumption; helping residents&nbsp;save more on their next power bill.

Preston has remained particularly appealing amongst first home buyers due to it&#39;s comparative affordability when compared to popular nearby suburbs like Coburg, Northcote and Reservoir where the median unit price is $75,000 - $150,000 lower

<h2>Brighton</h2>

Not often associated with first home buyer interest, Brighton, in Melbourne&rsquo;s exclusive Bayside precinct, is one of the most-sought after, and most expensive, areas of real estate in Victoria.

Rarely does an opportunity for a first home buyer come along. But the local Southend Property Group is developing their newest boutique apartment development, Southend, with first home buyers at the forefront of their thinking.

They&rsquo;ve priced their one-bedroom apartments from $549,000, and the two-bedroom apartments from $694,000. They&rsquo;re about a third cheaper than the next most affordable development currently on the market at Brighton, which is priced from $1.8 million for a two-bedroom apartment.

[smartcode_project:default project_id=94152 project_image_fid=171493]

The median apartment price in Brighton is $895,000, according to SQM Research.

Southern is located at 604-608 Hampton Street,&nbsp;where residents can step directly out to Hampton Street&rsquo;s thriving cafes and shops, stroll down to Were Street Village&rsquo;s gourmet groceries and walk to South Road beach.

ABS data showed first home buyer commitments remain 20.4 per cent higher compared to this time last year.

The most popular Melbourne suburbs for first home buyers in August

ID_Land’s collaboration with Rothelowman blends rough and smooth materiality and culminates into a beautiful expression of modern architecture.

Delivering 62 residences in one, two and three-bedroom configurations, Canvas pays homage to Brunswick’s industrial past.

The project’s sculptural façade fits perfectly into Barkly Street; its industrial form framed by geometric concrete grids that reinterprets the industrial regeneration of Brunswick.

[smartcode_project:default project_id=29358 project_image_fid=85966]

Urban recently sat down with Rothelowman’s Kylie Caruana, who has worked in the architectural studio for 12 years, to discuss the Melbourne development.

MK: How many multi-residential projects has Rothelowman been contracted on within Victoria?&nbsp;

KC: During my 12 years at Rothelowman, we’ve been contracted on countless multi-residential projects (so I had some help to run the numbers). Rothelowman currently has 222 Active projects nationally with 132 Projects in Victoria alone, of these 81 are in planning and 45 have gained planning and are in various stages of construction. 92 of these are residential or have residential components. Historically Rothelowman has completed over 800 projects in Victoria, Queensland, New South Wales, South Australia, ACT and Western Australia.

MK: What spoke to you about Canvas in particular?&nbsp;

KC: Canvas was yet another highly collaborative project between ID Land and Rothelowman, to realise their first multi residential apartment building with an exceptional site in the epicentre of Brunswick. This was an opportunity for urban reconsolidation, in a well-connected precinct around existing culture. Having lived in Brunswick for many years and residing in neighbouring Northern suburbs my entire life, this was an opening to bring my community’s ideals to the table.

[smartcode_project:default project_id=29358 project_image_fid=85960]

MK: What was the design brief from ID_Land for the project's architectural design?&nbsp;

KC: The design brief from day dot was open and progressive. Our special relationship with ID Land, based on high levels of trust and collaboration, meant the brief didn’t need to talk to specifics. We were to take an urban regeneration site and come up with a design concept for the future, whilst paying homage to the granular nature of the past. We framed our thinking - to embed our thirst for sustainability, balanced living, and to establish new links to the existing community.

MK: Where did you take your inspiration from?

KC: Primarily our inspiration came from the beauty and the eclectic and diverse culture we see, feel and experience within Brunswick. Tucked in a site with an industrial past and an artistic present, Canvas draws links from its surrounding tactile materiality, fluid forms, creative culture and lifestyle.

MK: How did you harmonise Canvas into the Barkly Streetscape?

KC: Very early in the piece, we brought together ideas on what we envisaged for the future urban topography of the area and what we would build upon for the future Brunswick community. Although there are three parts to our streetscape, the lines between our retail, commercial office and residential are blurred behind our façade grid. Our entry is complex, yet holistic whereby it invites patrons, employees, residents and visitors through the one naturally lit entrance.

These elements were then stitched together to create a Canvas. The development provides a sustainable living experience that culminates into a home for families, couples, and individuals.

[smartcode_project:default project_id=29358 project_image_fid=85965]

MK: Were there any challenges during the design process that you had to overcome?&nbsp;

KC: What are maybe typically seen as challenges became opportunities to engage and have an honest and open dialogue with the planning authorities, taking them on the journey and together forming a collective example that exemplifies future-proofed planning outcomes and creates a precedent for future developments.

MK: How important are communal amenities in new developments, and why?

KC: Now more than ever the importance of communal amenity has come to the fore; people have never spent as much time in their apartments before and now they’re receiving a real education in design – seeing how the sun enters the rooms during the day, how much fresh air they receive and how they use outdoor space.&nbsp;

This is changing people’s attitudes and cementing what’s important to them. There’ll be a definite permanent mark left and we’ll be living differently in the future, with more flexible working, both from home and from the office. As a result, people will want greater liveable outdoor space and more personal space. People like the idea of having an escape and this kind of design will become even more popular because of what we’ve been through.

[smartcode_project:default project_id=29358 project_image_fid=85959]

Though designed pre-COVID, Canvas has all the prerequisites for a post-pandemic world and the intrinsic changes it has brought to the way we live, work and play. With an extensive rooftop resident’s amenity floor, Canvas has the answer. Our communal rooftop includes internal and external spaces, work from home places, comfortable lounge areas, kitchen with entertainment dining, north and south facing open air terraces with spectacular views and shared gardens, all sustainably delivered.

MK: What have you tried to do in the design that the average homebuyer may not notice straight away?&nbsp;

KC: A project, be it commercial, residential or retail, isn’t about selling space; it’s about selling the intangibles – the opportunities, the lifestyle and the economic prospects these spaces can provide.

By managing spaces, sharing resources and hosting activities together, residents are empowered to contribute to the surrounding community and the world at large, creating greater connections and happier lives.

[smartcode_project_cta: project_id=29358]

Urban recently sat down with Rothelowman’s Kylie Caruana, who has worked in the architectural studio for 12 years, to discuss the Melbourne development

Designed by a Brunswick local: Rothelowman’s Kylie Caruana discusses the design influences behind Canvas, Brunswick apartments

Hutchinson Builders has been announced as the construction firm to deliver the $57 million Coolangatta apartment project, Cala Dei.

The project is set to rise on the site currently occupied by Komune Resort.

The 31 apartments expected to be completed in the first quarter of 2023.

The 12 level apartment complex, designed by bureau^proberts, will sit in landscaping by CUSP.

Spyre Group officially launched its new Coolangatta tower in April with its four week sell out credited as one of the fastest selling projects ever on the Gold Coast.

It marks a fourth consecutive sell-out for the company on the Gold Coast, the $79 million Elysian Broadbeach, $25 million MAYA Kirra Beach, and the currently under construction $77 million Natura, Burleigh..

Prices ranged from $779,000 in Cala Dei to its $7.1 million penthouse sale.&nbsp;

Spyre Group bought the 862 sqm Marine Parade site from a company directed by Komune Resort owner Anthony Cannon and Fitness First founder Tony de Leede.

It has recently acquired a beachfront site to be launch later this year.

Australia’s largest privately owned construction company, Hutchinson Builders will deliver the sold out project

Hutchinson Builders to deliver Spyre Group’s Coolangatta apartment project, Cala Dei

The US private equity firm Apollo Global Management has bought a 50% stake in MaxCap, the Australian real estate debt specialist that lends extensively to apartment developers.

Wayne Lasky and Brae Sokolski, who founded MaxCap 14 years ago, have each sold 25% stakes to Apollo.

They will continue to run the business under the MaxCap brand.

It is envisaged that the non-bank will accelerate their business to better compete with local banks.

MaxCap recently provided Franze Developments with a $97 million first-mortgage facility to build its two-tower residential and hotel complex in Geelong which will have an end value of $200 million. 

It investment arm has financed a 16-level apartment project in Sydney’s Chatswood with developer Central Element.

MaxCap provided recent funding to the Chateau project in Castle Hill, by developer Stonebridge Projects.

On Queensland's Gold Coast Maxcap provided a first mortgage construction facility to S & S Projects for the 11-storey luxury boutique apartment project, Awaken.

The price of the Apollo transaction has not not disclosed, but IPE Real Assets reported that the deal values MaxCap “north of $300m.”

Lasky told IPE Real Assets that the deal was “industry-defining” as it enabled the firm to compete directly with traditional lenders in the $300bn commercial real estate debt market.

“Apollo has given us the chance to challenge the anachronistic notion that the banks will always be the primary source of real estate credit, and to capitalise on the real tectonic shift in credit formation [coming] from super and pension funds, insurers and family offices,” he said.

“You have US$18trn of global supply of negative-yielding bonds, so it makes sense for that changing formation of credit to be searching for yield.

Since its inception, MaxCap has written more than 450 transactions valued at $12bn. 

Over that period, Laksy said, it had delivered full principal and interest to investors, which included Dutch pension fund investor APG and AustralianSuper.

The Australian Financial Review reported the big four banks account for about 70 per cent of the commercial real estate lending market but due to regulatory requirements such as holding more tier 1 capital on their balance sheets, their exposure would likely fall until it was about a 50-50 split with non-bank lenders.

Wayne Lasky and Brae Sokolski, who founded MaxCap 14 years ago, have each sold 25% stakes to Apollo

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