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

Joel Robinson

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

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

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

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

Owners move in as Esprit completes at Rainbow Bay

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

Mosaic's Midas Touch

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

Groundbreaking marks start of construction at Keira Place in Wollongong CBD

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

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

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

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

Every First Home Owner Grant for new property by state

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

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

Staff Writer

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

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

alisonwarters@gmail.com

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

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

Ellen Walker

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

Removing stamp duty would increase housing mobility, and lead to more efficient use of the nation’s housing stock, according to research by the National Housing Finance and Investment Corporation (NHFIC).

Families across all states and territories, except the ACT, are paying substantially more stamp duty when they move currently than they were 20 years ago, it noted.

Victoria now has Australia’s largest effective rate of transfer duty on a median property at around 5.4% (around $45,000), compared to 4.2% (around $12,000) back in 2002.

The report dubbed stamp duty an inefficient tax that impacts housing market mobility.

A household that bought a Sydney median priced house four times over the past 20 years would have paid more than 10 times the amount of duty than a household making only one purchase at the start of this period, it pointed out.

“Households that are considering downsizing and upsizing, or just seeking more space when they are working at home during COVID-19 wouldn't be penalised under a broad-based land tax compared with the current stamp duty arrangements across most states,” NHFIC CEO Nathan Dal Bon said .

“Encouraging more household mobility through reductions in stamp duty leads to more efficient use of the housing stock which means people can better ‘right-size’ their own housing arrangements in line with their individual preferences,” Dal Bon added.

The aim of transitioning from stamp duty to land tax is not to increase revenue per se, and the paper demonstrates that the transition can be achieved in a revenue neutral way.

"The typical household across all states (except the ACT) would be better off paying land tax on a median property than transfer duty," it suggested, noting a household in NSW would have to pay a broad-based land tax for more than 14 years to be worse off, which is greater than the 12 year average holding period of a property.

It noted the challenge of a revenue neutral swap between transfer duty and a broad-based land tax, under a slow house price growth scenario, would require approximately three times the amount of revenue as a faster transition ($94bn over a 20-year transition, compared with $32bn under a 5-year transition).

The National Housing Finance and Investment Corporation (NHFIC) commenced operations in 2018,  a corporate Commonwealth entity, part of the Treasury portfolio of agencies. 

The responsible Minister is the Minister for Housing, Michael Sukkar.


Removing stamp duty will have the benefit of reducing barriers to home ownership, according to the report of the National Housing Finance and Investment Corporation

jchancellor-FAypfDUnLy

Federal Treasury entity gets behind push to scrap state government stamp duty

Construction needs to keep working, urged David Cremona, the national director of construction at Meriton, on Sydney radio today.

He advised Australia's biggest builder Meriton have around 300 staff plus 3500 workers caught up in the construction industry shutdown that closed sites from Monday morning across Sydney.

The NSW government’s announcement over the weekend there would be a two week building shutdown.

Harry Triguboff, who has a dozen apartment buildings under construction, said that the building industry had been keeping the economy buoyant.

"If you stop that you kill everything. By us building you keep everything going, including suppliers,” he said.

“It’s terrible, because if you go along the freeways the only traffic is trucks and tradies," he told The Australian.

“All we are doing is counting how many people have it,” he said.

“There is a short supply of accommodation in apartments. We have dropped the numbers we are building by half,” Triguboff said.

Cremona told 2GB's Ray Hadley that he'd been constructing faster than approvals were being processed under the Berejiklian government.

He said there would be a $750 million direct weekly hit to the NSW economy, plus an indirect $2 billion hit through the supply chain if the fortnight shutdown continued.

"We have means to manage the outbreak.... if we want this V-shaped re-bound, the NSW Government needs to take housing industry seriously," Cremona said.

"It has been an absolute joke ever since Berejiklian has been incharge approvals have been coming down... I'm building quicker than my town planners are getting approvals," Cremorna said 
 
The development lobby group Urban Taskforce said the close-down of construction in NSW was an "overreach" that will cost the economy billions of dollars.

The NSW premier Gladys Berejiklian has so far withstood the backlash with word leaking that the covid cabinet was split with opposition to the move from Treasurer Dominic Perrottet, the Health Minister Brad Hazzard, and Jobs Minister Stuart Ayres.

“Having the risk of thousands of people being mobile at one time, many of them coming from communities that have had cases, was too big a risk,” Ms Berejiklian told a press conference on Monday.

“The Treasurer and key senior public servants are meeting with the construction sector daily to make sure that when they go back to work there are safe places,” she said. 

“We can’t have people, who may not have symptoms, visiting multiple worksites, visiting sites with hundreds of workers and spreading the disease.”

Multiplex will have about 2000 people out of work over the next fortnight.

BIS Oxford Economics estimated about 280,000 construction sector workers will be directly impacted, with more indirect layoffs in the transport, manufacturing and wholesale sectors.

Melbourne’s second wave of Covid-19 saw onsite workers for major construction sites scaled back to 25 per cent of normal workforce.

Smaller projects were allowed to proceed with up to five people per site, while large-scale government projects had their workers onsite halved.


BIS Oxford Economics estimated about 280,000 construction sector workers will be directly impacted


Sydney apartment construction needs to keep working: David Cremona, Meriton national construction director

Box Hill is set to become an even bigger city given it will be getting the largest of the stations in the Suburban Rail Loop station precinct initiative.

There will be six stations including Clayton, Monash, Glen Waverley, Burwood and  Southland in Cheltenham.

Stage One of the loop, which will run 26km from Cheltenham to Box Hill, is set to begin construction next year.

High density housing towers are expected in what will be mini-metropolises that cluster jobs, housing and education.

The Herald Sun reported more detailed station footprint designs have emerged, showing where existing properties will be acquired for the project’s underground hubs.

But the state government won't provide details on height limits proposed for each of the station areas until an investment case is released.

The Box Hill precinct is already classified as a metropolitan activity centre and is set to see an expansive overlay given it will be the largest underground station precinct, due to its length of 350 metres as its crosses Whitehorse Road.

Box Hill is set to become an even bigger city given it will be getting the largest of the stations in the Suburban Rail Loop station precinct initiative.

The Herald Sun advised Glen Waverley is the likely to have a similar density and height limit around the station, with some towers already 15-storeys.

There is a push for the Moorabbin airport precinct to be included in the suburban rail loop which will have 26km of tunnels.

Recently Opposition transport infrastructure spokesman David Davis said the government should be looking at key locations for stations like the Moorabbin Airport, and "not ridden roughshod over Heatherton residents forcing train stabling into long-protected green-wedge land.”

There are six suburban rail loop station precincts – Box Hill, Southland in Cheltenham, Clayton, Monash, Glen Waverley and Burwood - that will possibly see high density housing towers



Mini-metropolises mooted for new Melbourne rail loop

The Gold Coast developer Marquee Development Partners has nearly sold out their $85 million One Cannes apartment development between Broadbeach and Surfers Paradise.

The sales update comes just over a month&nbsp;after the development at 1 Cannes Avenue received approval from the Gold Coast City Council.

One Cannes had wrapped up 65 per cent of sales in just 10 days after its launch in May.&nbsp;

Marquee has now launched the two remaining penthouses, which are offered fully customisable in the early stages of development.

[smartcode_project:default project_id=97810 project_image_fid=160632]

The&nbsp;award-winning&nbsp;Plus Architecture has designed the spaces which sit across level 17 of the 17 level building.

They each have four bedrooms, three bathrooms, three car spaces, a media room and an expansive entertainers&#39; kitchen with a butler&#39;s pantry and dry bar.

Marquee Development Partners sales director Azura Griffen said there has been consistent demand from local buyers at One Cannes.

&ldquo;The project has been very well received by luxury downsizers looking for luxury spaces in an idyllic secluded location close to parklands, with a huge range of amenity for buyers to enjoy,&quot; Griffen says.

[smartcode_project:default project_id=97810 project_image_fid=160635]

&ldquo;Drawing an artistic flair from the French Riviera, we are thrilled to be launching One Cannes&rsquo; penthouse collection to the market - offering buyers uncompromising luxury, unparalleled views and expansive living spaces coupled with the finest collection of resort-style facilities.&rdquo;

Both on corner positions of the building, the penthouses are wrapped in floor to ceiling glass windows with each featuring two balconies offering 270-degree views of the Main River, Pacific Ocean, the Hinterland, and the Gold Coast city skyline.

One Cannes will have extensive work from home facilities,&nbsp;a riverfront infinity pool with&nbsp;cabanas and sun lounges, a gym with&nbsp;sauna, and a yoga and pilates studio oriented towards the adjoining parklands.

[smartcode_project:default project_id=97810 project_image_fid=160630]

The project also draws inspiration the QANTAS first class lounges to offer a business lounge, boardroom, private offices, and meeting rooms for residents.

[smartcode_project_cta: project_id=97810]

One Cannes had wrapped up 65 per cent of sales in just 10 days after its launch in May

One Cannes, Surfers Paradise apartments near sell-out, launch penthouses

Kew Schofields in Sydney&rsquo;s north-west has proven popular to first home buyers thanks to its balance of affordability and convenience.

Located in Sydney&rsquo;s fastest-growing region, the master-planned community from&nbsp;Positive Investment Enterprise&nbsp;offers&nbsp;2,700 sqm of retail space, parks and recreational facilities.

Positioned between Rouse Hill town centre and the future Schofields town centre, residents&nbsp;are within quick access of&nbsp;caf&eacute;s, restaurants and retail.

[smartcode_project:default project_id=32227 project_image_fid=93945]

Kew Schofields second stage,&nbsp;Georgette, follows on from the successful first release Rose Garden. Georgette has&nbsp;one-bedroom apartments from $440,000 and two beds from $535,000.

Designed by&nbsp;PBD Architects, the apartments feature&nbsp;large windows, abundant light and contemporary finishes.

Ground-floor apartments have private access to courtyards, while top-floor apartments enjoy north-facing views and an expansive rooftop terrace.

First home buyers and investors are buying with confidence given the infrastructure pipeline in the area and the nearby business centres.

Kew Schofields is being developed near the&nbsp;future Western Sydney Airport&nbsp;at Badgerys Creek and major employment hubs in Norwest and Marsden Park.

[smartcode_project:default project_id=32227 project_image_fid=93952]

Kew Schofields&nbsp;is also located nearby Berowra Valley National Park, lifestyle amenities and golf courses. &nbsp;

The two nearby train lines,&nbsp;Schofields&nbsp;and&nbsp;Tallawong, connect to the North Shore line, Richmond line and the Sydney CBD.

Located in Sydney’s fastest-growing region, the master-planned community itself offers 2,700 sqm of retail space, parks and recreational facilities just a stones throw away

jordan_55689

What's within walking distance from Kew Schofields? Learn more about the new apartment development in Sydney's west

The location of Moorabbin&#39;s latest apartment development, Omnia, is attracting&nbsp;Melbourne CBD commuters who are&nbsp;seeking a more affordable property without compromising the proximity to the city.

The Shenfield Property development, around 20 kilometres south of Melbourne, is less than 500 metres from the Moorabbin train station, from there a short 20 minute commute into&nbsp;the Melbourne CBD.

Comprising 40&nbsp;one, two and three-bedroom configurations, the development features park frontage, energy-efficient design and north-facing aspects. The apartments sit in gardens&nbsp;created by Wallbrink Landscape Architecture.

[smartcode_project:default project_id=29048 project_image_fid=151677]

One-bedroom apartments start at&nbsp;as low as&nbsp;$465,000, with two-bedroom apartments priced&nbsp;from $645,000 and three-bedroom apartments from $875,000.

Designed by Roger Brayshaw Architects and Aldona Padjak, the apartments feature sophistication, open-plan living and a modern style.

Located in one of Melbourne&rsquo;s major suburbs, Omnia sits within a thriving community offering something for everyone.

[smartcode_project:default project_id=29048 project_image_fid=151675]

A wide range of schools, higher education, caf&eacute;s, shopping and numerous parks and reserves are at your doorstep, including RSEA Park &ndash; home of St Kilda Football Club.

Not far from Omnia is the convenient Highett shopping centre. Further down the Nepean Highway is a cluster of other convenient outlets and the Westfield Southland.

Dine at the nearby&nbsp;Le Feu Moorabbin GF and South Rd Burgers or travel slightly further afield to the Bad Shepherd Brewing Co. brewpub plus all the dining options on offer at the supercentres.

[smartcode_project:default project_id=29048 project_image_fid=80698]

All homes include plush carpet, engineered flooring and stone tiles, with elegant full-wall tiles in the bathrooms. Showers are fitted with matte black dual shower heads, and frameless walk-in shower glass. Double vanities feature circular basins, and floating cabinetry, with mirrored storage above.

The kitchens include concealed cabinetry, with glass splashbacks, matte black tapware and integrated appliances.

Living spaces are open, with adjoining north-facing balconies offering residents plenty of sunlight to enjoy throughout the day.

Located in close proximity to Moorabbin train station and local community facilities, Omnia is the latest development by Shenfield Property

Walking Tour: What's within walking distance of Shenfield Property's Omnia apartments in Moorabbin

Dahua Group recently completed their $300 million Hawthorn East apartment development Hawthorn Park, their biggest apartment development in Melbourne.

Designed by&nbsp;Rothelowman, the features a number of&nbsp;amenities, including Melbourne&rsquo;s first suspended sky pool, theatre rooms and a stunning sky lounge.&nbsp;Delivering a&nbsp;mix of 368&nbsp;one, two, three and four-bedroom townhome and apartment residences.

The tower also features over 2000 sqm of parkland curated by acclaimed landscape architect Jack Merlo that bring the&nbsp;Hickory-constructed building to life.

[smartcode_project:default project_id=3730 project_image_fid=35253]

Hawthorn Park&rsquo;s striking 25 metre floating lap pool with glass bottom immediately catches the eye, acting almost as&nbsp;a bridge between two of the four buildings.

Rothelowman&nbsp;said it was the feature of the development they were most looking forward to seeing.

&ldquo;We were most excited about delivering the pool bridge as it is testament to our collaboration with the contractor&nbsp;Hickory&nbsp;Group and the consultant team, to realise a design which resolves many complex requirements,&rdquo;&nbsp;Rothelowman&rsquo;s Frances Hall said.

As well as the pool, Hawthorn Park features a fully-equipped gym with a yoga and meditation studio and massage suites, a sky lounge, hammock lounge, an indoor residents lounge and a garden pavilion.

Along with these amenities are plenty of bookable lounge and dining rooms with fully equipped chef&rsquo;s kitchen, and&nbsp;the sky pool which features windows and flooring to peer out underwater.

[smartcode_project:default project_id=3730 project_image_fid=35252]

One of Australia&rsquo;s leading landscape architects&nbsp;Jack Merlo&nbsp;created the central park and a series of garden spaces through Hawthorn Park. They are complete with&nbsp;outdoor areas boasting fruit and vegetable gardens where residents are invited to grow their own produce.

Every apartment has been&nbsp;fitted out with&nbsp;Gaggenau appliances and features floor to ceiling windows and large garden balconies, some offering&nbsp;views&nbsp;of the communal park.

Located in one of Melbourne&rsquo;s most&nbsp;blue chip suburbs, the Hawthorn East development is surrounded by heritage homes and buildings, cafes, boutiques and bars, as well as a well connected public transport system.

The major train and tram lines that provide services into the Melbourne CBD only six kilometres away.

Residents will be surrounded by nature by being within walking distance of Fritsch Holzer Park, and a cycle to the trail that lines the Yarra River.

[smartcode_project:default project_id=3730]

Dahua Group recently completed their $300 million Hawthorn East apartment development Hawthorn Park, their biggest apartment development in Melbourne

Melbourne's first suspended sky pool: A look at the amenities at Hawthorn Park in Hawthorn East

A local developer has purchased an Ivanhoe site for $3,557,000.

The property which is located on a corner land parcel of 1,350 sq m is set to be turned into a luxury residential project.

Located at 20 Lower Heidelberg Road, the campaign generated 5 offers to Julian Heatherich and Benson Zhou of Savills Australia.

&quot;It was a residential developer who was willing to pay top dollar,&quot; Heatherich said.

&ldquo;With the tightly held nature of Ivanhoe and the strength of the residential market, developers moved aggressively to add this site to their pipelines, with limited sites being offered in the inner northeast,&rdquo; Heatherich noted.

[smartcode_project:default project_id=22308 project_image_fid=75031]

The vendor was prepared to offer up to 18 months delayed settlement terms.

There had been interest from owner occupiers for the house, along with interest from child care groups from the site with frontage of 72 metres to Lower Heidelberg and Waterdale Roads.

It came with a flexible General Residential Zone 1 zoning.

Residential construction activity in the suburb has included work on Valia, at 59 Upper Heidelberg Road, with prices starting from $1,220,000

The 14 residences have a late 2022 completion date.

Located at 20 Lower Heidelberg Road, the campaign generated five offers

Residential developer snares Ivanhoe project site

A local builder has purchased a 6,849sq m townhouse site in Beaconsfield, with plans for a two-stage townhouse project.

Located at 13-15 Mahon Avenue, the first stage permit is approved for 11 townhouses.

The second stage featuring six further townhouses.&nbsp;

The property sold on a unit rate of $147,059 at $2.5 million.

The deal was negotiated by Benson Zhou and Julian Heatherich of Savills Australia.

Zhou said that buoyancy in the residential market in Melbourne&rsquo;s outer suburbs had resulted in developers being willing to acquire sites at &quot;more bullish rates.&quot;

[smartcode_project:default project_id=5559 project_image_fid=168395]

It had previously sold at $2.09 million in 2017 and then marketed briefly as Azalea Garden. 
&nbsp; 
It is just a short walk from Beaconsfield&rsquo;s core retail precinct which includes a Woolworths supermarket.

The site is also close to Beaconsfield train station that services Melbourne&#39;s south east growth corridor.

The nearby suburb of Berwick is seeing significant housing construction headlined by Alira, the nearby master-planned housing estate at 322-340 Centre Road, Berwick.

With pricing from $530,960, Alira is a collection of townhomes, and house and land, popular with first home buyers, growing families or downsizing families. 
&nbsp;

A local builder has purchased a 6,849sq m Beaconsfield, Victoria townhouse project site

Beaconsfield townhouse project site sold at bullish price

The Gold Coast is set to see one of its biggest ever residential resort-style developments.

The Shanghai-headquartered international property developer SPG Land, in a joint-venture with Australian developer Gordon Corp, has lodged plans for nearly 800 apartments to be built across three towers in the heart of Surfers Paradise.

They will be anchored by a new ground-level retail and dining plaza at the street level Ferny Avenue. The 1.15 hectare site will be bounded by Ferny Ave, one of Surfers main streets, as well as&nbsp;Surfers Paradise Boulevard, Pandanus Avenue and Ocean Avenue near the Surfers Paradise North light rail station.

[smartcode_project:default project_id=106566 project_image_fid=185856]

The 38, 40 and 42 level towers will home 792 apartments and two swimming pools, one a suspended glass-bottom lap pool set on the 26th level, a Gold Coast first.

There will also be an infinity lagoon pool on the podium level.

Each tower will have its own podium level interconnected by walkways to create a unique elevated &lsquo;seaside village&rsquo; for residents, with each tower podium offering separate resort amenities.

The towers, designed by Rothelowman,&nbsp;will also have&nbsp;their own dedicated sky lounges occupying the entire 26th level, each with customised amenities. Penthouse owners will have the added exclusivity of access to their own private rooftop gardens and recreation areas.

[smartcode_project:default project_id=106566 project_image_fid=185862]

SPG Land chairman David Wang described the proposed Surfers Paradise development as a flagship project for the company that will create a sought-after destination in the city&rsquo;s traditional tourism heart.

&ldquo;This is a transformational development, not only for Surfers Paradise but for the Gold Coast more broadly,&rdquo;&nbsp;Wang said. &ldquo;We have had a long association with the Gold Coast, and it&rsquo;s especially exciting that we have been able to enlist the talents of a remarkable local team to bring this project to fruition.

&ldquo;Our development is not only destined to be an exciting new residential address, but a new public space that everyone can enjoy whether they&rsquo;re taking a shortcut to the beach or settling in with friends in the plaza for a morning coffee or an alfresco lunch.&rdquo;

Tim Gordon of Gordon Corp said the partnership&nbsp;would be a game changer for the Gold Coast.

[smartcode_project:default project_id=106566 project_image_fid=185859]

&ldquo;We are absolutely delighted to be involved in this project with SPG Land,&rdquo; Gordon said. &ldquo;This will be a landmark project for the Gold Coast that will be an internationally recognised destination.&rdquo;

&ldquo;We believe this is a project for its time, created by looking to the past to find what made Surfers Paradise such an iconic address for generations.&rdquo;

Project Overview:

Tower 1:&nbsp;The heart of the proposed project, Tower 1 has been designed with a dynamic, social and youthful theme offering all residents access to the tower&rsquo;s main pool and a separate lounge pool complete with a pool bar and all-day dining facilities, VIP dining area, a day-care centre, a barbecue area and a resident&rsquo;s gym and yoga garden with the sky lounge featuring co- working spaces, bar, indoor and outdoor seating lounge, and an interactive sky gym.

Tower 2: Tower 2&nbsp;will offer a more peaceful environment suited to families and will have its own indoor and outdoor kids&rsquo; zone, while the sky lounge will boast a sky gym, plus yoga and spa facilities.

Tower 3: The third tower&nbsp;will deliver a level of luxury and sophistication sought by the mature lifestyle buyer with the podium encompassing its own caf&eacute;, breakfast and dining terraces, a library and meeting rooms while the sky lounge will feature the city&rsquo;s first suspended lap pool, a cigar lounge and wine bar.

[smartcode_project:default project_id=106566 project_image_fid=185858]

About the developer

SPG Land was founded in&nbsp;Australia&nbsp;in 1998,&nbsp;with a focus on high-end real estate and premium hospitality assets. SPG Land has delivered 56 projects in the Asia-Pacific region over the past 23 years.

Among the company&rsquo;s landmark developments globally is the $US857 million The Peninsula Hotel Shanghai, which opened in stages from 2009, and the Global 188 twin-tower project in Suzhou.

On the Gold Coast, the company has undertaken the $162 million Cambridge Residences at Robina comprising 386 apartments across four towers.

The towers, designed by Rothelowman, will also have their own dedicated sky lounges occupying the entire 26th level, each with customised amenities

Latest Property News

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

Guides

Editor's Picks

Guides

Developments

New apartments

New townhouses

News

Latest Property News

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

Guides

Editor's Picks

Receive the latest news stories to your inbox

Guides

Developments

New apartments

New townhouses

News