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.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/6RNt3AvtBpI?si=JUhuCV2ZRXsYaoJZ" title="YouTube video player" width="560"></iframe>

Located on Schofi​elds Road, just moments from Tal​lawong Metro Station and Schof​ields Train Station, <a href="https://www.apartments.com.au/new-apartments/kew-tallawong-23-27-schofields-road-tallawong-nsw-2762">Kew Tallawong</a> has been designed to appeal to a broad mix of buyers, from first-home purchasers looking for a foothold in Sy​dney's property market to downsizers seeking a connected, low-maintenance lifestyle.

<a href="https://www.apartments.com.au/new-apartments/kew-tallawong-23-27-schofields-road-tallawong-nsw-2762">Kew Tallawong</a> has been conceived as a thoughtfully planned masterplanned community that will evolve over multiple stages, with buyers now able to secure one, two and three-bedroom apartments within a neighbourhood that is already beginning to establish its identity.

One of the project's defining features is its focus on sustainability. Solar energy systems, battery storage and future EV charging infrastructure have been incorporated throughout the development, reflecting a long-term approach to both environmental performance and everyday convenience.

Sustainability sits at the centre of the development's vision, with solar energy systems, battery storage and future EV charging infrastructure integrated throughout the community.

That emphasis on future-ready living extends beyond the technology. Landscaped communal gardens, outdoor gathering spaces and plans for a future retail precinct aim to create a neighbourhood where residents can access daily conveniences without travelling far from home.

[smartcode_project:default project_id=149637 project_image_fid=351027]

The apartments themselves have been designed with liveability front of mind. Rather than chasing maximum density, the focus has been placed on creating practical homes with generous natural light, usable layouts and strong connections to outdoor space.

Importantly, these design principles have been applied consistently across the one, two and three-bedroom apartment offerings.

The appeal of <a href="https://www.apartments.com.au/new-apartments/kew-tallawong-23-27-schofields-road-tallawong-nsw-2762">Kew Tallawong</a> is also closely linked to its location within Syd​ney's rapidly evolving north-west growth corridor. Over the past decade, major infrastructure investment has transformed the area, with new transport links, business precincts and community facilities reshaping suburbs like Talla​wong and Schofiel​ds.

The agent says buyers are increasingly recognising the area's long-term potential.

"Typical buyers that we're finding across <a href="https://www.apartments.com.au/new-apartments/kew-tallawong-23-27-schofields-road-tallawong-nsw-2762">Kew Tallawong</a> especially are your first-home buyers, your investors, your upsizers as well as your downsizers," Hawes says.

Connectivity remains one of the project's strongest drawcards. Residents have access to both Tallaw​ong Metro Station and Schofi​elds Train Station, providing links to the Sydn​ey CBD, Norw​est Business Park, Macquari​e Park and other major employment hubs. Retail centres including Rous​e Hill Town Centre and Sch​ofields Village are also nearby, alongside schools, parks and future healthcare infrastructure.

[smartcode_project:default project_id=149637 project_image_fid=351031]

For Stage 1 resident Roji, it is the balance between convenience and comfort that has defined the experience of living at Kew.

"For me, it's a balance of quality and convenience," she says. "Everything I need is right here."

"If I wanted to catch the train, Scho​fields Station is just around the corner. Tallaw​ong Metro connects me to the city."

More importantly, she says, the development has delivered something that cannot be measured in floorplans or specifications.

"<a href="https://www.apartments.com.au/new-apartments/kew-tallawong-23-27-schofields-road-tallawong-nsw-2762">Kew Tallawong</a> feels like home."

[smartcode_project:default project_id=149637 project_image_fid=351024]

As Stage 2 enters the market, that lived experience may be one of the project's strongest selling points. Buyers are not purchasing into an untested concept or a future promise. They are joining a community that is already taking shape.

Ongoing investment in transport, retail, healthcare and public open space continues to strengthen the appeal of Syd​ney's north-west growth corridor, while <a href="https://www.apartments.com.au/new-apartments/kew-tallawong-23-27-schofields-road-tallawong-nsw-2762">Kew Tallawong</a>'s established first stage provides buyers with a tangible sense of the community's future direction.

For a limited time, buyer can secure a new home at <a href="https://www.apartments.com.au/new-apartments/kew-tallawong-23-27-schofields-road-tallawong-nsw-2762">Kew Tallawong</a> with just a $10,000.

[smartcode_project_cta:default project_id=149637]

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

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

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

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

Abadeen, PERIFA, top out Putney Wharf harbourfront precinct

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

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

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

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

Every First Home Owner Grant for new property by state

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

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

Staff Writer

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

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

alisonwarters@gmail.com

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

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

Ellen Walker

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

Investors have been attracted&nbsp;Dahua Group&#39;s recently completed their $300 million&nbsp;apartment development Hawthorn Park, their biggest apartment development in Melbourne.

They&#39;ve been alerted to the area due to its&nbsp;recent median price growth of 10 per cent,&nbsp;as well as Hawthorn East&#39;s&nbsp;increasing&nbsp;median rental growth.

Over the ten-year period to March 2021,&nbsp;Hawthorn East apartments have seen six&nbsp;per cent&nbsp;median rental growth per annum, according to the Department of&nbsp;Human Services and Urbis.

The suburb is comprised of 40 per cent renters, DHS found, with SQM Research calculating&nbsp;a current rental yield of 3.5 per cent in Hawthorn East being inline with Melbourne&#39;s overall yield.

Dahua said looking forward, high demand driven by the catchment&rsquo;s proximity to education, transport and amenity, coupled with the ongoing growth of the renal market, is likely to attract market interest from interstate and overseas investors.

[smartcode_project:default project_id=3730 project_image_fid=171608]

The suburb is renter friendly&nbsp;due to that connectivity to the&nbsp;city. Three train lines run near the&nbsp;33 Camberwell Road development, which has a very high walk score of 90 and has been labelled a walker&rsquo;s paradise.

The city is within cycle distance for residence, given the 7.6 kilometre commute to the CBD on Melbourne&#39;s many bicycle lanes.&nbsp;The nearby Gardiner&rsquo;s Creek Trail links with the Capital City Trail and Main Yarra Trail.

Infrastructure around Hawthorn Park is already in place, with four major shopping areas&nbsp;including Camberwell Junction,&nbsp;Glenferrie Road,&nbsp;Camberwell Road and&nbsp;Burwood Road close by.

[smartcode_project:default project_id=3730 project_image_fid=171605]

Designed by Rothelowman, Hawthorn features a number of exclusive amenities including Melbourne&rsquo;s first suspended sky pool, theatre rooms and sky lounge. They have delivered a mix of 330&nbsp;one, two, three and four-bedroom townhome and apartment residences.

Hawthorn Park is a residential mid-rise that is strategically located amongst Hawthorn East&rsquo;s key transport, education, lifestyle and amenity offerings. It is also attractive for families, due to the nearby educational facilities that include;

<ul>
	<li>Auburn Primary School</li>
	<li>Camberwell Primary School</li>
	<li>SEDA College (Victoria)</li>
	<li>Swinburne Senior Secondary College</li>
	<li>Preshil, The Margaret Lyttle Memorial School</li>
	<li>Swinburne University of Technology</li>
	<li>University of Divinity</li>
	<li>University of Melbourne</li>
</ul>

The project also features over 2000 sqm of parkland curated by acclaimed landscape architect Jack Merlo.

As well as the pool, Hawthorn Park features a fully-equipped gym with a yoga and meditation studio and massage suites, hammock lounge, an indoor residents lounge and a garden pavilion.

[smartcode_project_cta: project_id=3730]

Hawthorn Park is a residential mid-rise that is strategically located amongst Hawthorn East’s key transport, education, lifestyle and amenity offerings

jordan_55689

Why Hawthorn Park apartments have been attracting investor interest

Port Lane, the Port Melbourne townhouse development by ID_Land, has completely sold out&nbsp;in only six months,&nbsp;generating&nbsp;$150 million&nbsp;in sales since its February 2021 launch.

The 122 townhouses managed to sell out despite rolling lockdowns across Melbourne, reflective of the confidence ID_Land continues to have in medium-density, following the previous success of its now sold-out Yarraville Place.

Delivered in collaboration between ID_Land, Rothelowman and Hecker Guthrie, each residence celebrated&nbsp;light, softness and subtlety with a refreshing design.

[smartcode_project:default project_id=89720 project_image_fid=147514]

Buyers have been motivated by the opportunity to be closer to the inner city, with the proximity to amenities, and competitive pricing compared to established housing, further driving a surge in interest.

Medium-density now comprises 30 per cent&nbsp;of ID_Land’s $3 billion portfolio, with the developer continuing to seek acquisitions to further grow this part of its business.

To be built by Shape Homes, the homebuilding arm of ID_Corp, the construction of the townhomes at Port Lane is set to commence in 2022.&nbsp;

[smartcode_project:default project_id=89720 project_image_fid=147506]

"We are proud to be working with some of our most-trusted collaborators – Rothelowman, Hecker Guthrie and Tract – on Port Lane, they all bring strong reputations and decades of experience, which drove confidence in the final product",&nbsp;ID_Land’s joint managing director Matthew Belford said.&nbsp;

"We see medium-density projects complementing our growing greenfield pipeline, as the market continues to respond to these inner-city precincts in sought-after locations – this also gives us the confidence to continue acquiring such sites,” he said.

Located just a five-minute walk to Port Melbourne Beach and a 20-minute tram into the Melbourne CBD, Port Lane was designed to deliver great connectivity, with manicured pocket parks, barbecue areas, and gardens all located right on its&nbsp;doorstep.

[smartcode_project:default project_id=89720 project_image_fid=147505]

“Port Lane presents a rich opportunity to deliver a strong lifestyle experience, linking quality interior living spaces to generous outdoor experiences”, Rothelowman principal, Stuart Marsland said.

<blockquote>
“The architectural response is delivered through a palette of materials embracing the bayside context, with a nod to Port Lane’s site heritage.”
</blockquote>

Coming home to Port Lane feels like returning to a sanctuary, with a verdant entrance pergola and&nbsp;a material palette of slate, cool grey and crisp white.&nbsp;

Belford believes the medium-density market will continue to soar, as buyers continue to resonate with the lifestyle benefits of living closer to the city’s inner and middle-ring suburbs; accessibility to amenities, proximity to essential services, education, public transport, and employment opportunities.

[smartcode_project_cta: project_id=89720]

The 122 townhouses were only launched in February, and managed to sell out despite rolling lockdowns across Melbourne

max.kwok_55688

ID_Land’s Port Lane sells out, generates $150M in six months

Brisbane&rsquo;s legendary cricket ground, The Gabba, will be the global centrepiece of the 2032 Olympic Games and some homeowners are set to have the best seats in the house.

Silk Lane, the&nbsp;Woolloongabba apartment development&nbsp;to be developed by Southlake Group and Sarazin, is set to be built overlooking the iconic stadium.

The ground-breaking precinct, the second of three exciting stages, will boast the city&rsquo;s first and only rooftop &lsquo;Skystand&rsquo;, offering an unobstructed, birds-eye view into The Gabba stadium.

[smartcode_project:default project_id=107345 project_image_fid=172024]

The 306 one, two and three-bedroom apartments have been designed by&nbsp;Nettletontribe&nbsp;Architects and start from just $449,000.

The development will feature a rooftop infinity pool with views across Brisbane, and ground-level commercial spaces.

Located at 8-12 Trafalgar Street, Silk will be positioned just 350 metres from the future Cross River Rail station, just one stop to Albert Street.

Over the next decade, a rush of global infrastructure investment is set to transform Brisbane into a new world city.

The Gabba is the jewel in the city&rsquo;s Olympic crown, with the stadium undergoing a $1 billion rebuild increasing capacity to 50,000 spectators.

It will host the opening and closing ceremonies, as well as the track and field events.

[smartcode_project:default project_id=107345 project_image_fid=172025]

The 2032 Brisbane Olympics will not only deliver an economic boost to trade and tourism but is set to have a big impact on the local property market, according to PRD Research chief economist, Dr Diaswati Mardiasmo.

Mardiasmo predicted this month that Brisbane&rsquo;s median house price could increase to $1.7 million by 2023, 2.5 times its current median of $674,738.

With major projects including Woolloongabba&rsquo;s new Cross River Rail station, Brisbane Metro and Queen&rsquo;s Wharf completed by 2032, it is no doubt that Silk Lane residents will reap the benefits.

[smartcode_project:default project_id=107345 project_image_fid=172023]

Around The Gabba, a new pedestrian plaza will link the stadium to the new transport stations.

&ldquo;For local sports, the promise of new and revitalised Olympic venues is a game-changer, encouraging families and junior athletes into sporting endeavours and creating potential future champions competing at a home Olympics&rdquo;, the project marketing reads.

This landmark sporting and cultural hub will write a new chapter in Woolloongabba&rsquo;s rich story.

[smartcode_project:default project_id=107345 project_image_fid=172021]

Residents can surround themselves with grand panoramas of the Brisbane city skyline on your private residents&#39; rooftop with views across the river and a front-row seat to every game at the Gabba.

The building&rsquo;s architectural fa&ccedil;ade draws inspiration from the angular shapes of metal structure incorporated in the neighbouring stadium.

Silk Lane is expected to reach completion in mid-2024.

[smartcode_project_cta: project_id=107345]

Brisbane’s legendary cricket ground, The Gabba, will be the global centrepiece of the 2032 Olympic Games and some homeowners are set to have the best seats in the house

Silk One, Woolloongabba's front row apartments to the 2032 Olympics

Accompanying the rush of global infrastructure investment set to transform Brisbane in the decade leading up to the Olympics, Silk Lane is among&nbsp;the new residential&nbsp;developments in Brisbane to secure a wave of renewed interest.

Comprising 306 one, two and three-bedroom apartments, Silk Lane delivers a luxury living experience that rises amongst Brisbane&rsquo;s legendary cricket ground, &lsquo;The Gabba&rsquo;.

[smartcode_project:default project_id=107345 project_image_fid=172022]

Delivered by Sarazin, each residence is designed as an urban sanctuary, set high above the buzz of the surrounding precinct.

Silk One takes centre stage among&nbsp;the legendary Brisbane cricket ground, &lsquo;The Gabba&rsquo;, and boasts stunning views of the Brisbane River, CBD skyline and beyond.[smartcode_project:default project_id=107345 project_image_fid=172024]

Urban takes a look at two feature floorplans available to discerning buyers.

1. East No.12

<img alt="" height="1042" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2021-08-26_at_1.01.26_am.png" width="784" />

The floorplan East No.12 has two bedrooms, one tucked away off the kitchen and dining area, with the master positioned at the front of the apartment off the living space.

That curved bedroom, with its own ensuite, will have full floor-to-ceiling glass windows with views across Brisbane.

[smartcode_project:default project_id=107345 project_image_fid=172021]

The apartment, designed by Nettleton Tribe Architects, features generous living spaces,&nbsp;a balcony, built-in robes, laundry room and study space.

2. West No.8

<img alt="" height="1050" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2021-08-26_at_1.01.33_am.png" width="966" />

The larger two-bedroom floorplan is West No.8, which comes with two bedrooms, two bathrooms and a multi-purpose room.

West No.8 is a more rectangular apartment and features a&nbsp;unique cube style crown and a lighter colour scheme.

[smartcode_project:default project_id=107345 project_image_fid=172023]

&ldquo;Living here is living Brisbane,&rdquo; developer Sarazin say. It&rsquo;s a rare and inspirational blend of serenity and exhilaration.

City and Gabba views are on offer from&nbsp;the balcony or the communal rooftop areas.

[smartcode_project_cta: project_id=107345]

A relaxed sense of luxury fills every space, with tonal finishes and complimentary textures that create a luxurious hotel ambience

Inside the two-bedroom Silk Lane apartments in Woolloongabba, home of the 2032 Olympics

An inner-city residential suburb, transport hub, industrial precinct, and world-famous sporting ground, Woolloongabba is many things rolled into one.

It has a long history of occupation and development, but is now poised for new prominence as an Olympic destination in 2032.

And to take advantage of the future infrastructure is Silk Lane, the apartment development that will rise high above The Gabba, the hub of the Olympic Ganes.

Woolloongabba however was not always the melting pot that it is today.

University of Queensland associate professor in history, Geoff Ginn, shares the history of the suburb.

<h2>A Meeting Place</h2>

Before the onset of British colonial development in the 1820s, the Aboriginal people of the Turrbal and Jagara clans knew the place as Woolloon Capemm meaning &lsquo;place of whirling water&rsquo;, a name that reflected the abundant waterholes, swamps and creeks in the area, said associate professor Geoff Ginn.

Ceremonial places included a bora ground on top of Woolloongabba Hill, at the site now occupied by Holy Trinity Church in Hawthorne Street, and two &lsquo;pullen pullen&rsquo; grounds for ceremonial fighting nearby.

[smartcode_project:default project_id=107345 project_image_fid=172022]

&ldquo;In 1824, the founding of the Moreton Bay penal settlement heralded the beginning of the European presence in Queensland and the displacement of the First Australians in the area&rdquo;, Ginn continued.

In an attempt to achieve self-sufficiency, convicts in the fledgling settlement cleared and cultivated the south bank of the Brisbane River.

Known as &lsquo;One Mile Swamp&rsquo;, this area had isolated houses and farm dwellings in the 1840s through to the 1850s, when allotments were surveyed and sold.

<figure><img alt="" class="image-article-full-width-580px" height="375" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/screen_shot_2021-08-26_at_12.54.37_am.png?itok=gP2p_Jns" title="Woolloongabba Fiveways traffic in 1955" width="580" />

<figcaption>Woolloongabba Fiveways traffic in 1955</figcaption>
</figure>

As the European settlement of Brisbane gathered pace in the 1860s-1880s, most of the southerly traffic from Ipswich Road and Logan Road converged at the site, at the intersection with Stanley Street and Main Street through Kangaroo Point to create the famous &lsquo;Gabba Fiveways&rsquo;.

&ldquo;It wasn&rsquo;t until the 1870s that the name of Woolloongabba was officially used.&rdquo;

A tram service drawn by horses was active after 1885, with electric trams after 1897. After 1895, these brought crowds to football and cricket matches at the recreation reserve later named the Brisbane Cricket Ground.

A major railway station and goods yard appeared at the site and the surrounding industrial areas as streets rapidly filled up with workers cottages and small timber &lsquo;Queenslanders&rsquo;.

A few local landmarks from this period included Woolloongabba Post Office, the Princess Theatre and many hotels in prominent positions at road intersections.

&ldquo;There were also churches and other centres associated with distinct immigrant communities such as the Deutscher Turnverein (now German Club) established in the mid-1880s, the nearby Russian Orthodox Church&rdquo;, Ginn said.

<figure><img alt="" class="image-article-full-width-580px" height="377" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/screen_shot_2021-08-26_at_12.54.44_am.png?itok=a71ZJC_1" title="International cricket match at the Gabba in 1931" width="580" />

<figcaption>International cricket match at the Gabba in 1931</figcaption>
</figure>

By this time, with vehicles, trams, and trains filling its streets and footpaths crowded with shoppers and workers, Woolloongabba had assumed its modern form.

<h2>Local Amenities</h2>

[smartcode_project:default project_id=107345 project_image_fid=172025]

Now an energetic place of work, transport, leisure and community, Silk Lane residents are offered convenient local amenities that dot the suburb.

The apartments are in close proximity to Queensland University of Technology and Torrens University, as well as secondary schools including Anglican Church Grammar School and St Laurence&rsquo;s College.

Other local amenities include the soon-to-be-completed Cross River Rail station, The Gabba, Gabba Central shopping centre, Deshon Street Park and Brisbane City Indoor Sports centre.

[smartcode_project_cta: project_id=107345]

University of Queensland associate professor in history, Geoff Ginn, shares the history of the Brisbane suburb

The history of Woolloongabba: From isolated houses and farm dwellings to the home of the Olympic Games

Residents have moved in to the completed Glen Waverley apartment project Sky Garden.

The striking project was developed by Golden Age Group to a design by Rothelowman.

With buyers having moved in, Urban spoke to first home buyer Adam Feng about his property buying journey, and what he loves about Sky Garden.

[smartcode_project:default project_id=2881 project_image_fid=168799]

MK: How did you hear about Sky Garden and were you in the market for a new property at the time?

AF: I used to work at The Glen and would often see Sky Garden salespeople at the kiosk and display suite. At the time I didn&rsquo;t consider buying, but three years later after making enough money, I chose to buy at Sky Garden.

MK: What stood out to you about Sky Garden that assisted you in your decision to buy?

AF: The outdoor environment, especially the huge garden podium. I walk around it at least five times a week, if not every day.&nbsp;

Also, the lift goes directly to the lower ground floor, where The Glen is, so that&rsquo;s super convenient.

The soundproofing in my apartment is really effective. Even though I&rsquo;m facing Springvale Road which can be quite busy, the noise is completely blocked out.&nbsp;

<img alt="" height="898" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2021-08-30_at_11.33.31_am.png" width="1254" />

MK: What made you decide to buy off-the-plan rather than an existing dwelling?

AF: My apartment was new but already finished when I moved in.&nbsp;

MK: What do you love most about living at the development?

AF: I love the sauna and pool. Not many people use it at 7am, so when my girlfriend and I work out in the morning, we have the whole place to ourselves. We use it at least five times a week.&nbsp;

[smartcode_project:default project_id=2881 project_image_fid=168800]

MK: Is this your first property purchase? How did you find the due diligence research and purchase process?

AF: Yes, it&rsquo;s my first property purchase. I decided I wanted to buy at 18 and started saving, and settled at Sky Garden at the age of 20. The purchase process was good, my only recommendation would be to ensure you do enough research on your own personal financial situation before looking to buy.&nbsp;

MK: Which colour scheme did you choose for your apartment and how did you personalise your home?

AF: I chose my apartment for its lucky number (909A)&nbsp;over the colour scheme (which is light) and also for its view facing the bay and south side. We can see the police academy on top of the hill which is pretty cool.&nbsp;

Our one-bedroom apartment is perfect for my girlfriend and I, but we bought a sofa bed in case we have visitors. There is a large floor-to-ceiling window, which we have positioned my girlfriend&rsquo;s piano beside &mdash; that&rsquo;s probably the most creative thing we have done with the place.&nbsp;

<img alt="" height="828" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2021-08-30_at_11.33.18_am_0.png" width="1374" />

MK: Would you recommend living at a lifestyle precinct like Sky Garden? &nbsp;

AF: I would definitely recommend Sky Garden. Firstly because it&rsquo;s super convenient in terms of location and having The Glen right downstairs.&nbsp;

Secondly, the views are unobstructed as we&rsquo;re the tallest building in the area so when I look out my window there&rsquo;s nothing in the way, unlike the city.&nbsp;

[smartcode_project_cta: project_id=2881]

Urban spoke to first home buyer Adam Feng about his property buying journey

Why a first home buyer secured a Sky Garden, Glen Waverley apartment

Global investment manager Hines has paid $16.5 million for its first site in Brunswick.

Set six&nbsp;kilometres from the centre of Melbourne, Mirvac and Milieu Property are currently developing a nearby BTR project on Albert Street with more than 500 rental apartments.

Hines plans to develop a 250-unit BTR apartment complex at the 4247-square metre site at 10 Ballarat Street.

It will have an end value of $250 million.

[smartcode_project:default project_id=94542 project_image_fid=160729]

Sam Bisla, who heads Hines new BTR and co-living business in Australia, said the asset class would deliver &quot;defensive, stable cash flow&quot; for investors.

The warehouse site, leased to Bell Plaster Supplies, sold through Colliers with a permit for an eight-level building of 163 apartments designed by Bruce Henderson Architects.

It is expected planning authorities will grant extra capacity for BTR.

Build to Rent refers to a residential development in which all apartments are owned by the developer and leased out to tenants, as opposed to the build-to-sell model.

The site last sold for $12 million in 2017.

[smartcode_project:default project_id=94542 project_image_fid=160734]

Mirvac and joint venture partner Milieu have a late 2024 scheduled completion date for its a one-hectare site in Brunswick.

Mirvac has estimated the project would cost $172 million to build.&nbsp;

Assemble Futures are currently marketing their take on build-to-rent (Rent-Save-Buy) just a few doors down from the recent sale.

Their 4 Ballarat Street project,&nbsp;with design by&nbsp;Fieldwork Architects&nbsp;and landscape design by Rush Wright, places an emphasis on providing a seamless transition to the natural environment, with each apartment running on 100% renewable energy.

The&nbsp;spacious outdoor areas and floor-to-ceiling glazing provide&nbsp;plenty of light to fill each living space and cross-flow ventilation.&nbsp;

[smartcode_project:default project_id=94542 project_image_fid=160741]

Global investment manager Hines has paid $16.5 million for the 4247-square metre site at 10 Ballarat Street

jchancellor-FAypfDUnLy

Hines joins Brunswick build-to-rent push

The Melbourne-based developer GURNER, led by the high-profile developer&nbsp;Tim Gurner, has revealed its $1.25 billion plans for their Ferny Avenue, Surfers Paradise&nbsp;mega site.

The 11,000 plus sqm site at 108 Ferny Avenue will be known as&nbsp;La Pelago, and will comprise four huge towers with nearly 1,000 apartments, around a quarter dedicated to a hotel.

GURNER swooped for their first residential development on the Gold Coast, and only their second in Queensland, following the collapse of Ralan, who had planned for two&nbsp;towers on the sprawling Budds Beach site.

La Pelago, likely named after the small commune in Italy,&nbsp;centralises on a private island theme, where&nbsp;each building is surrounded by over 9,000 sqm of amenity, lush tropical landscaping by SWA and pool-side water retreats, creating four private islands.

<img alt="" data-entity-type="" data-entity-uuid="" height="682" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/ferny_gurner.jpg" width="1200" />

Tim Gurner says&nbsp;La Pelago will be a new world experience for a beachside precinct that will be unlike anything ever attempted in Australia before, with an international hotel name that will be a new entrant to the Australian market.

“We have spent the last eight years identifying opportunities to transform significant sites across Australia into luxury precincts well before others jump on the trend. Using this approach we’ve been fortunate to ride a significant upswing in luxury sales across our projects like St Moritz and Victoria &amp; Vine in Melbourne, and large-format place-marking sites like FV in Brisbane," Gurner said.

“La Pelago is the next evolution in this journey. We believe Budds Beach is the next frontier of luxury on the Coast and we are creating a $1.25billion precinct that will enable us to be at the forefront of this transformation."

<img alt="" data-entity-type="" data-entity-uuid="" height="800" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/gurner_tower_3.jpg" width="1200" /> 
Tower three proposed. Image source: Warren &amp; Mahoney Architects - Gold Coast City Council

Gurner has had his go-to architect in Melbourne Warren Mahoney draw up the plans.

Tower three, the short-term accomodation tower, will be the biggest of the four, spanning&nbsp;55 levels, taking the building to over 190 metres high. That&nbsp;will make it the fifth tallest building on the Gold Coast.

Tower three will have 596 apartments, between two and 17 apartments per floor, and nearly 55,000 sqm of gross floor area. The tower is mainly made up of studio and one-beds, and will be the location of the hotel.

<img alt="" data-entity-type="" data-entity-uuid="" height="800" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/gurner_tower_2.jpg" width="1200" /> 
Tower two&nbsp;proposed. Image source: Warren &amp; Mahoney Architects - Gold Coast City Council 
 
Two-bedroom apartments are the most popular across the three residential buildings, accounting for more than half of the apartments in each tower.

Tower four is the second biggest, and will home 248 apartments, with between four to 16 per floor across its 34 levels.

Tower one will have 150 apartments across 30 levels&nbsp;and tower two the most boutique, with between two and four apartments per floor across its 25 levels, totalling 95 apartments.

All up the proposal will see 1088 apartments built.

<img alt="" data-entity-type="" data-entity-uuid="" height="675" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/gurner_4.jpg" width="1200" />

“La Pelago will allow us to draw on our unique experience in the retail, signature amenity and urban regeneration space, and apply it on a grand scale," Gurner said.

“When designing the project it was really about me dreaming about where we all want to be right now and for me that is a hot and sunny luxury private island. Something that offers sun, pools, amazing service, luxury amenities and residences – something right now you cannot get in Australia."

<img alt="" data-entity-type="" data-entity-uuid="" height="832" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/gurner_tower_4.jpg" width="1200" /> 
Tower four proposed. Image source: Warren &amp; Mahoney Architects - Gold Coast City Council

Warren and Mahoney design principal, Barrington Gohns, said&nbsp;La Pelago’s design will provide much more immersive experiences than previous projects, with stunning attention to detail across the four towers.

"The design very much respects the crisp, natural island experience utilising integrated landscape and pools, lots of white, timber and glass in its form, with bespoke elements in each ‘island’," Gohns said.

“The foundation of La Pelago is steeped in context and identity, acknowledging the tension between river and coastline, and the design only takes what it can give back. A strong focus on health wellness resonates throughout, along with a carbon neutral manifesto we continue to drive with GURNERTM.”

Snapshot:

Mixed use development consisting of:

<ul>
	<li>4 x multi-storey Residential towers</li>
	<li>Three level podium</li>
	<li>Ground floor indoor/ outdoor communal recreation and amenities</li>
	<li>Food and Beverage</li>
	<li>Residential lobbies with on-site porte cochere drop offs</li>
	<li>Service areas/ Back of house</li>
	<li>1,000 car parks across two basement levels and two above grade levels</li>
	<li>200 hotel rooms</li>
	<li>Over 5,500sqm of retail, commercial, conferencing amenity, a day spa and business club</li>
	<li>A world-class retail precinct anchoring the ground plane</li>
	<li>2,000sqm private health and wellness Club</li>
	<li>Over 12,000sqm of resident and hotel amenity across the four towers</li>
</ul>

[smartcode_project_cta: project_id=108339]

La Pelago centralises on a private island theme, where each building is surrounded by over 9,000 sqm of amenity



First look exclusive: Gurner reveals $1.25 billion, four-tower Surfers Paradise apartment development La Pelago

As a first home buyer or investor, have you been contemplating purchasing either a one or two bedroom? Should there be an office space? Are energy efficient appliances and smart tech worth it? Or if you&rsquo;re just curious to know what other first home buyers are getting for themselves, take a look at the budget range and configurations other buyers are searching for on Urban.&nbsp;

According to Urban data, up to 57% of first home buyers in Victoria, New South Wales and Queensland prefer 2-bedroom configurations. This configuration is ideal for buyers as it accommodates the market&rsquo;s largest segment: young families with one or two children. Another factor to take into consideration would be the location. Being located close to university would be a good fit for students or an area that encourages a certain lifestyle for downsizers as there would be less commute time and more access to transportation.&nbsp;

According to <a href="https://www.vu.edu.au/mitchell-institute/tertiary-education/international-students-make-up-more-than-30-of-population-in-some-australian-suburbs">Mitchell Institute</a> from Victoria University,&nbsp;

&ldquo;The centre of Melbourne had the largest number of international students in the country &ndash; at almost 20,000, or 38% of the resident population. The neighbouring suburb of Carlton has the next largest with 9,600 or 39% of the population.&rdquo;

Smaller high-spec homes can give owner occupiers and downsizers a lifestyle improvement and low-maintenance living, while larger high-spec homes have the investment potential to earn better rental yields.&nbsp;

Here are some statistics to get an idea of the budget range from first home buyers from Urban in Australia.&nbsp;

For two bedrooms located in Victoria:

<ul class="rteindent1">
	<li>36% keep their budget within $600k-$800k</li>
	<li>32% keep their budget within $400k-$600k</li>
	<li>26% keep their budget up to $400k</li>
	<li>4% keep their budget within $800k-$1M</li>
	<li>2% keep their budget within $1M-$1.5M</li>
</ul>

Here are some 2-bedroom properties within these budgets that we think offer excellent value for money in Victoria:

FORME (from $600k)&nbsp;

[smartcode_project:default project_id=100322 project_image_fid=163026]

<ul>
	<li>13km from CBD, walking distance from Westfield Doncaster</li>
	<li>Quality finishes</li>
	<li>Close proximity to sought-after schools and transport</li>
</ul>

Sky Garden (from 668k)&nbsp;

[smartcode_project:default project_id=2881 project_image_fid=168781]

<ul>
	<li>30 mins from CBD</li>
	<li>Unique amenities including gaming rooms (mah-jong and billiard), private cinema, gymnasiums with yoga studios, tai chi areas, steam room, heated lap pool and more</li>
	<li>Connected to the revamped and modern The Glen shopping centre located right below</li>
</ul>

<h2>Why is NSW more expensive?</h2>

Due to limited supply in the popular inner NSW suburbs, competition has driven house prices up.&nbsp;However, NSW is a desired place to live and invest in with&nbsp;its&nbsp;competitive market due to homes proving to retain value.

New South Wales:&nbsp;

<ul class="rteindent1">
	<li>54% keep their budget up to $400k</li>
	<li>23% keep their budget within $400k-$600k</li>
	<li>15% keep their budget within $600-$800k</li>
	<li>8% keep their budget within $800-$1M</li>
</ul>

Here are some 2-bedroom properties within these budgets that we think&nbsp; offer excellent value for money in New South Wales:

Kew Schofields Stage 1 - Rose Garden (from 495k); Stage 2- Georgette (from 535k)

[smartcode_project:default project_id=6025 project_image_fid=52592]

[smartcode_project:default project_id=32227 project_image_fid=93951]

<ul>
	<li>Has quality community living, perfect for young families</li>
	<li>Primary schools and Tafe college closeby</li>
	<li>Private access to a courtyard</li>
</ul>

Destination (from 874k)

[smartcode_project:default project_id=8669 project_image_fid=71740]

<ul>
	<li>Prime location in Macquarie and close to transport</li>
	<li>Has large house-like proportion layouts for an apartment that makes the rooms more spacious</li>
	<li>Elegant design and finishes</li>
</ul>

<h2>What does QLD have to offer?</h2>

Known for their beautiful beaches and coastal living, does this imagery of living in QLD fit your dream lifestyle? 
According to <a href="https://www.livingin-australia.com/australian-house-prices/">Living in Australia</a>, the average cost for a house in January 2019 in New South Wales would be $955,000 and $737,000 for Victoria. Compared to New South Wales and Victoria, Queensland&rsquo;s average price for a home is $530,000.

Queensland:

<ul class="rteindent1">
	<li>60% keep their budget within $400-$600k</li>
	<li>23% keep their budget up to $400k</li>
	<li>14% keep their budget within $600-$800k</li>
	<li>3% keep their budget within $800k-$1M</li>
</ul>

Here are some 2-bedroom properties within these budgets that we think offer excellent value for money in Queensland:

The Coterie (from $537k)

[smartcode_project:default project_id=6257 project_image_fid=141422]

<ul>
	<li>Only 1.5m away from the CBD with views of Brisbane&rsquo;s skyscraper</li>
	<li>Luxurious interior that is well-thought of with design elements from St Pauls</li>
	<li>Close to a lively neighbourhood&nbsp;</li>
</ul>

The Catalina (from 549k)

[smartcode_project:default project_id=6517 project_image_fid=71245]

<ul>
	<li>At a central location of Surfers Paradise</li>
	<li>Open floorplan that blends indoor-outdoor living with Gold Coast&rsquo;s skyline</li>
	<li>On top of the usual amenities, they have a hydrotherapy shower, treatment rooms, private cinema, and more to promote wellness</li>
</ul>

Familiarising yourself with the different market valuations in the areas you&rsquo;re looking to purchase a home in, will help you to identify whether you&rsquo;re getting a good deal for your property purchase. You can use platforms like Urban to compare prices within a particular location, taking into account amenities and home configuration. To view all listings on Urban, have a browse at <a href="/developments">our projects</a>.

briana

Urban data compares 2-bedroom configurations around Australia: Which property is right for you?

Australia&rsquo;s housing markets are entering &quot;very tricky territory&quot; as the return of major virus disruptions combine an extraordinary boom starting to run into affordability constraints.&nbsp;

But Westpac senior economist Matthew Hassan anticipates a temporary loss of momentum rather than a correction was impacting housing markets, and a rapid snap-back was likely once lockdown restrictions ease.

&quot;Risk aversion remains elevated,&quot; he said.

&quot;The combined signal remains positive for now but looks susceptible to slowing.

[smartcode_project:default project_id=5328 project_image_fid=155345] 
 
&ldquo;Thin trading means some sub-markets will be more susceptible to weakness near term, particularly where economic pressures are intense and the virus outlook uncertain,&quot; Hassan said.

&quot;However, thin trading also means even lower &lsquo;on-market&rsquo; supply that could be a bigger issue once activity rebounds.&rdquo; 
&nbsp; 
The latest Westpac Housing Pulse noted broader consumer confidence had taken a substantial hit but is holding up compared to last year&rsquo;s major lockdown episodes and vaccine availability providing a key support.

&quot;For housing, surging prices and stretched affordability look to be far more important than COVID considerations,&quot; the report noted.

[smartcode_project:default project_id=5559 project_image_fid=168395]

The Westpac Melbourne Institute &lsquo;time to buy a dwelling&rsquo; index dropped 14% over the three months to August after a similar decline over the previous three months.

The index has now slumped by nearly a third from its November high, with August marking the second lowest read since 2010.&nbsp;

&quot;The steep fall is a clear warning that deteriorating affordability is starting to weigh heavily on buyer sentiment amongst owner occupiers,&quot; Hassan said.

Westpac senior economist Matthew Hassan anticipates a temporary loss of momentum rather than a correction in the most heavily impacted areas

Latest Property News

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

Guides

Editor's Picks

Guides

Developments

New apartments

New townhouses

News

Latest Property News

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

Guides

Editor's Picks

Receive the latest news stories to your inbox

Guides

Developments

New apartments

New townhouses

News