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?

Auction results across Sydney and Melbourne have remained resilient in lockdown, particularly circuit-breaker lockdowns, a report from CoreLogic advised.

It noted a larger than normal number of auctions are typically withdrawn, postponed or sold prior to the auction event.&nbsp;

And that transaction activity had slowed markedly through lockdown periods.

&quot;However a &lsquo;catch up&rsquo; in home purchases has been evident as restrictions ease,&quot; CoreLogic head of research for Australia, Eliza Owen, noted.

&ldquo;It is true that demand takes a hit during lockdowns&rdquo; she said.&nbsp;

[smartcode_project:default project_id=7317 project_image_fid=79239]

More importantly property values had &quot;remained resilient through lockdown.&quot;

Owen added stability of housing market values was likely subject to extensive government stimulus and institutional support for the sector.

Owen added these influences were &quot;far less certain going forward.&quot;

Australian housing market values had a peak to trough decline of just -2.1% through 2020, before surging 12.2% through the first six months of 2021.&nbsp;

Owen concluded by noting in the event of another extended lockdown, the future of housing demand and supply becomes much less certain if that same government and institutional support is not there.

CoreLogic head of research for Australia, Eliza Owen, noted demand takes a hit during lockdowns

jchancellor-FAypfDUnLy

Latest lockdown could impact real estate resilance: RP Data's Eliza Owen

Property searches from New Zealand on realestate.com.au have surged to 363,000 monthly views.

Searches from New Zealand have increased by 35 per cent since April, in contrast to the UK and US, which have fallen 26% and 13% respectively.

Searches from China are 12 percent lower than last year and Hong Kong has dropped by 1 percent.&nbsp;

Overall overseas searches for properties to buy on realestate.com.au dipped in June by 6 per cent.

[smartcode_project:default project_id=6515 project_image_fid=68834]

&quot;NZ on the other hand, is benefitting from the trans-Tasman travel bubble, which opened on the 19th of April 2021, allowing &ldquo;quarantine free&rdquo; flights between Australia and NZ,&quot; Karen Dellow, data analyst at REA Group noted.

The most popular suburbs searched in the June quarter by overseas property seekers was topped by the Gold Coast, followed the Melbourne CBD, the Brisbane Greater Region, Sydney, and the Sunshine Coast.

<a href="/developments/gold-coast-qld?source_news_article_id=105255&amp;ref=news_body_link" target="_blank"><img alt="" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/gold_coasttile_0.png" /></a>

The queries from New Zealand have resulted on the Sammut Group has securing New Zealand buyer interest in its recent $110 million in conditional sales in its ultra-luxury Coast project after submitting a development application only four weeks ago.

More than half of the 43 beachfront apartments have been sold, ranging from $3.5 million to $9 million, including a buyer from New Zealand.

Bensons&nbsp;Property Group&rsquo;s Gold Coast landmark development,&nbsp;Chevron One, is set to become the first luxury tower on&nbsp;Chevron Island on the Gold Coast.

The tower will rise above the new arts and cultural precinct and deliver 236 one, two and three-bedroom apartments designed by international architects&nbsp;Marchese Partners.

[smartcode_project:default project_id=6515 project_image_fid=68839]

The report noted luxury apartment developments across Australia remained in high demand with overseas property seekers.&nbsp;

Views to new developments in the past quarter have increased 11 per cent compared to last year.&nbsp;

The most viewed new developments on realestate.com.au by overseas property seekers includes:

111 Castlereagh, 111 Castlereagh Street, Sydney NSW

[smartcode_project:default project_id=7758 project_image_fid=79424]

Sirius, 2-60 Cumberland Street, The Rocks NSW 
The Aspire Residences, 299 King Street, Melbourne VIC 
443 Queen Street, 443 Queen Street, Brisbane QLD 
Aspire, 51 Latham Street, Chermside QLD

The most-viewed development, 111 Castlereagh, a luxury development overlooking Hyde Park, was most popular with property seekers in the UK and US.

&quot;The longer borders remain closed, the greater potential there is for these overseas property seekers to choose to purchase in another country,&quot; Dallow noted.

The latest ABS data showed there were 36,190 short-term visitor arrivals in May in Australia, with 79% from New Zealand.&nbsp;

Property searches from New Zealand on realestate.com.au have surged 

New Zealanders showing heightened buying interest in luxury new Gold Coast apartments

The NSW Government has announced a collaboration to develop a world-first construction assurance tool to access a residential building&rsquo;s quality and compliance with construction standards.

The Building Assurance Solution (BAS) will bring together the products and designs certificates of compliance for each building to create a digital DNA that will establish a trustworthy rating for individual buildings, so they can be compared like-for-like.

Minister for Better Regulation and Innovation Kevin Anderson said developing this digital technology, in partnership with KPMG, NSW Fair Trading and the insurance industry, was part of the drive to transparency in lifting standards in the construction industry.

[smartcode_project:default project_id=100811 project_image_fid=162902]

&ldquo;We expect this to be a genuinely world-leading piece of work that will help measure the quality and insurability of buildings by identifying which buildings are trustworthy, from measuring compliance with design and construction standards to traceability of materials all the way back to the manufacturer.&rdquo; Mr Anderson said. 
&nbsp; 
&ldquo;With this information, aspiring homeowners will be able to make better decisions about what could be the most significant purchase in their life, before they buy.&rdquo; 
&nbsp; 
Mr Anderson said the BAS tool will allow the regulator to easily identify and respond to defective products and take action against the riskiest practitioners by knowing which buildings they have worked on. 
&nbsp; 
&ldquo;This tool will show us what products were used, who made them, what testing certifications are held and, who installed and certified building work. Practitioners who build and design in NSW will now have a digital fingerprint that will attach to every project they have worked on,&rdquo; Mr Anderson said.

[smartcode_project:default project_id=30049 project_image_fid=162882] 
&nbsp; 
Mr Anderson said the tool will allow insurers, for the first time, to easily compare buildings so they can better price insurance for buildings and the practitioners who design and construct them.&nbsp;

&ldquo;The Buliding Assurance Solution, combined with the requirement for designers and builders to lodge their designs electronically and declare they comply with the building code, will help give insurers confidence to return to the market,&rdquo; Mr Anderson said.

[smartcode_project:default project_id=7363 project_image_fid=166645]&nbsp; 
 
The minister advised KPMG will work with developers, including Mirvac, to demonstrate the application of the BAS tool to their new projects. 
&nbsp; 
&ldquo;Ultimately this tool will help establish NSW as the best place to run a trustworthy construction business, giving the cowboys nowhere to hide and consumers confidence &nbsp;they&rsquo;re buying an apartment that will stand the test of time,&rdquo; Mr Anderson said.

The BAS tool will give the cowboys nowhere to hide and consumers confidence, NSW state government minister Kevin Anderson said

Mirvac among Sydney developers steering apartment building purchasing to quality transparency

Coronation Property&rsquo;s latest master-planned apartment development, Mason &amp; Main, offers smart-designed apartments set above a brand&nbsp;new&nbsp;dining and fresh food marketplace.

Situated on Merrylands Road in West Sydney, the project offers a range of one, two and three-bedroom configurations with most apartments priced under $650,000.

Designed by Woods Bagot, Mason &amp; Main is packed with amenity inside as well as those scattered in the master-planned community and wider area.

[smartcode_project:default project_id=31751 project_image_fid=160996]

Apartments at Mason &amp; Main are filled with natural light&nbsp;featuring large balconies and terraces enjoying vistas to the Blue Mountains and the CBD.

The main bedroom, living, dining, and balcony all have&nbsp;a direct northerly aspect with most apartments including&nbsp;large multipurpose rooms, maximising owner occupier flexibility. These rooms enjoy natural light, custom joinery, and the ability to be completely closed off, ideal for working from home, or for setting up a guest bedroom or nursery.

Apartment finishes in Mason &amp; Main come in two distinct colour schemes.

[smartcode_project:default project_id=31751 project_image_fid=160999]

Mason &amp; Main offers a green roof, communal amenities and public space on the ground floor with commercial premises, constructed by MN Builders

Residential facilities are available&nbsp;on the resident-only resort level, including a pool with day beds, a gym, lush garden cabanas, and barbecue&nbsp;areas.

Merrylands is known for its eclectic mix of places to eat and shop, and is just&nbsp;three&nbsp;kilometres from the&nbsp;Parramatta CBD.

School and learning facilities nearby include&nbsp;Key College,&nbsp;Merrylands Public School,&nbsp;Merrylands High School and Granville Boys High School.

[smartcode_project:default project_id=31751 project_image_fid=161007]

The project has received a large response from locals and first home buyers, with studio&#39;s priced from $395,000 and one-bedrooms from $500,000.

Two bedders start at $564,000&nbsp;and 3 bedders at $879,000.

[smartcode_project_cta: project_id=31751]

Coronation Property’s latest master-planned apartment development, Mason & Main, offers smart-designed apartments set above a brand new dining and fresh food marketplace

jordan_55689

Discover Mason & Main: The new apartment development to take shape in Merrylands, NSW

Renowned developer Beulah has recently announced that their boutique collection of 15 homes will soon become the first carbon-neutral detached housing development in inner Melbourne.

Architecturally designed by Edition Office Design, the Northcote development has been curated to prioritise health, wellbeing and sustainability.&nbsp;

In order to achieve this, the team employed environmentally sustainable design principles. All 15 homes are fossil fuel-free and 100% electric, with integrated solar panels and induction cooktops.

Passive solar design has been utilised for thermal comfort and to minimise energy use, with double glazed windows and doors, cross ventilation, slab insulation and external operable blinds to the west and south west.

<a href="/new-townhouses/the-wilds-northcote-2a-2b-cunningham-street-northcote"><img alt="" height="3000" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/the_wilds_exterior_2_0.jpg" width="2250" /></a>

<a href="/new-townhouses/the-wilds-northcote-2a-2b-cunningham-street-northcote"><img alt="" height="2222" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/the_wilds_exterior_0.jpg" width="3168" /></a>

The development also includes a 5,000-litre rainwater tank for residents to use for gardening and water sensitive landscape design. Environmentally conscious travel is also supported with ample bicycle parking, and electric car charging provisions are available as an upgrade option.&nbsp;

Beulah Executive Director Adelene Teh explains that the neighbourhood&#39;s surroundings played a pivotal role in influencing the design of The Wilds.&nbsp;

&quot;The Wilds is incredibly rare in that it is not only carbon neutral, but it consists of expansive detached houses, all located with direct frontage to the Merri Creek. 
Residents will have the privacy of their own garden, yet will reap the benefits of belonging to a boutique community. As a company, we wanted to explore a carbon-neutral offering and we felt it aligned strongly with the sustainably-minded suburb of Northcote, where we could integrate the project into the landscape and respect the surroundings as much as possible to reduce its carbon footprint.&quot;

<a href="/new-townhouses/the-wilds-northcote-2a-2b-cunningham-street-northcote"><img alt="" height="2594" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/the_wilds_exterior1_0.jpg" width="1463" /></a>

On offer is a range of 3, 4 and 5 bedroom configurations, with generous floorplans designed for flexible use. There is also an additional living space in each home that buyers can customise to suit their needs &ndash; to create a home office, exercise space or a creative studio.&nbsp;

Prior to The Wilds, Beulah delivered Paragon, which features the largest vertical installation of solar panels in Australia.&nbsp;

Read next:&nbsp;<a href="/news/vic/beulah-unveil-off-the-plan-northcote-housing-development-the-wilds" target="_blank">Beulah unveil off the plan Northcote housing development The Wilds</a>

Olivia Round

Beulah's The Wilds residences are set to become inner Melbourne's first carbon-neutral detached housing development

The Australian Cyber Security Centre (ACSC) has issued an alert for construction companies and their customers over fraudulent emails.

It advises that cybercriminals have worked out that construction companies are ripe for the picking.

Attracted by the high volumes of money that change hands in the sector, these emails typically target the customers of the business and will ask them to change bank account details for future invoice payments.&nbsp;

Victims assume this request is legitimate and send invoice payments to a bank account operated by the scammer.

[smartcode_project:default project_id=600]

According to Michael McKinnon, chief information officer, at Australia&rsquo;s largest ASX-listed cybersecurity company, Tesserent, the Australian construction and manufacturing industry are one of the most vulnerable and targeted sectors for cyber criminals.&nbsp;

&ldquo;Australia&rsquo;s construction industry is highly vulnerable to not only BEC scams, but also for phishing and ransomware attacks.&nbsp;

&quot;This is a result of years of neglect in IT spending in the sector.

&ldquo;Construction companies have frequently underestimated the importance of investing in technology and now many are exposed through outdated technologies running in their business and their reliance on less sophisticated managed service providers,&rdquo; he says.

&ldquo;Construction companies need to urgently review their technology systems and cybersecurity defences and train staff on how to detect and report fraudulent emails,&rdquo; he stresses.

Construction companies need to review their technology systems and cybersecurity defences and train staff on how to detect and report fraudulent emails

jchancellor

Construction companies warned on cyber fraud vunerability 

A local family has listed a 1.4 hectare site in the Fisherman&rsquo;s Bend precinct in Port Melbourne with industry expectations to fetch $30 million plus with interest tipped to come from &quot;the full suite of developers including local, national and international.&quot;

The property at 525 Graham Street, Port Melbourne is set to attract interest from the apartment developers, with the site&#39;s planning controls allowing for significant height and density to be achieved.

Located within the Wirraway precinct, the property is currently occupied by a large warehouse has been the longstanding base of Frank Walker&rsquo;s National Tiles.

It will provide the purchaser with holding income of $410,000 incl. GST plus outgoings during the development application period.

Savills agents Julian Heatherich, Benson Zhou and Clinton Baxter have been appointed to handle the sale.

<a href="/developments/melbourne-vic?source_news_article_id=105156&amp;ref=news_body_link"><img alt="" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/melb_cbd_tile_1.jpg" style="width: 720px; height: 480px;" /></a>

The Fishermans Bend Framework predicts that the precinct will support 80,000 new residents and 80,000 new jobs, with the population expected to grow by 1500% in the coming 20 years.

The Savills marketing notes the transformation of the urban renewal area is &quot;set to escalate in the coming years after some challenges since the precinct&rsquo;s initial rezoning in 2012.&quot;

Major investment by the state government will be underpinned by the transformation of General Motors Holden&rsquo;s former headquarters into a STEM employment hub supporting over 30,000 new jobs.

&ldquo;With the Fisherman Bend Infrastructure Contributions Plan set to be finalised in the near future, we&rsquo;re forecasting a real boost in development in Fisherman&rsquo;s Bend, particularly considering the current strength of the residential market, and the unrelenting demand for the city fringe&rdquo; Mr Heatherich said.

Current projects in the suburb include Port Lane at 201 Williamstown Road, Port Melbourne.

[smartcode_project:default project_id=89720]

The Fishermans Bend Framework predicts that the precinct will support 80,000 new residents and 80,000 new jobs, with the population expected to grow by 1500% in the coming 20 years.

The property adjoins Goodman Group&rsquo;s recent retail project which features a full-line Woolworths supermarket and Dan Murphys, while on the opposite corner of Plummer Street, the Fisherman&rsquo;s Bend Secondary School is almost complete ready for the first round of enrolments in 2022.

&ldquo;The delivery of key amenity and infrastructure on the neighbouring sites unlocks the potential for quick development of the site&rdquo; said Mr Heatherich.

Mr Heatherich noted that an opportunity of this scale is rarely brought to market. The site has been held by the family for 34 years.

The 1.4 hectare site has been held by the family for 34 years 

$30 million Frank Walker's National Tiles apartment development site to test the waters at Fisherman’s Bend

There were a number of development updates and lodged plans up and down the Gold Coast over June, as well as a sales update considered by many as one of the best selling towers ever seen on the Gold Coast.

Urban has wrapped up the movements on the Gold Coast across June.

Seven boss Ryan Stokes lodges plans for Palm Beach apartment development Akuna

The Seven Group media heir Ryan Stokes is set to develop an apartment block on his recently acquired double block on Gold Coast’s Palm Beach.

<a data-entity-type="" data-entity-uuid="" href="/news/qld/seven-boss-ryan-stokes-lodges-plans-for-palm-beach-apartment-development-akuna"><img alt="" height="737" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/akuna_4.jpg" width="1200" /></a>

Stokes, managing director and&nbsp;chief executive of Seven Group Holdings which his father Kerry Stokes founded in 1991, has lodged plans for Akuna, a boutique block of just 13 apartments designed by the Brisbane-based Modulus Architecture at 39-41 Jefferson Lane, Palm Beach.

For more information, <a href="/news/qld/seven-boss-ryan-stokes-lodges-plans-for-palm-beach-apartment-development-akuna">click here</a>.

Cru Collective submit plans for Kirra Beach apartment development

Having recently completed its Palm Beach apartment development Siarn,&nbsp;Gold Coast developer&nbsp;Cru Collective&nbsp;has lodged a development application for an exclusive&nbsp;collection of full floor apartments on&nbsp;the sought-after Kirra beachfront.

<a data-entity-type="" data-entity-uuid="" href="/news/qld/cru-collective-submit-plans-for-luxury-kirra-beach-apartment-development"><img alt="" height="800" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/cru_2_0.jpg" width="1200" /></a>

The site at 2 Musgrave Street will become a boutique tower of just 11 beachfront apartments, each with three bedrooms and internal living space of over 280 sqm.

Each apartment will have two living areas, a butler’s pantry, wine cellar and a&nbsp;dry bar. Secure lift access will lead to each residence’s private foyer.

For more information, <a href="/news/qld/cru-collective-submit-plans-for-luxury-kirra-beach-apartment-development">click here</a>.

S&amp;S Projects lodge plans for mixed-use Coolangatta development Esprit

Fresh off the success of their nearby Flow and Awaken Residences, the Gold Coast&nbsp;developer S&amp;S Projects has lodged plans for its latest coastal development.

<a href="/news/qld/first-look-s-s-projects-lodge-plans-for-mixed-use-coolangatta-development-esprit"><img alt="" data-entity-type="" data-entity-uuid="" height="726" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/esprit_3.jpg" width="1200" /></a>

They're set to develop a mixed-use precinct at&nbsp;217-227 Boundary Street Coolangatta, a few streets back from Rainbow Bay.

Above ground level retail will be two interconnected buildings designed by&nbsp;Cottee Parker Architects&nbsp;totalling&nbsp;96 apartments.

The main residential tower will have 72-two bedroom apartments and 19-three bedroom apartments across 12 levels.

For more information, <a href="/news/qld/first-look-s-s-projects-lodge-plans-for-mixed-use-coolangatta-development-esprit">click here</a>.

Sammut nearly sell-out Surfers Paradise apartment tower just three weeks after lodging DA

Just three weeks after submitting their development application, the Sydney-based developer Sammut Group have secured $110 million in conditional sales for Coast, their Surfers Paradise apartment tower.

<a href="/news/qld/sammut-nearly-sell-out-surfers-paradise-apartment-tower-just-three-weeks-after-lodging-da"><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/coast_ocean_bar_0.jpg" width="1200" /></a>

They've secured sales of over 43 of the 49 total apartments, with sales so far ranging between $3.5 million and $9 million, at an average of $4.5 million.

For more information, <a href="/news/qld/sammut-nearly-sell-out-surfers-paradise-apartment-tower-just-three-weeks-after-lodging-da">click here.</a>

De-Luxe apartments set to tower over Old Burleigh Theatre site

In the 1930s the Old Burleigh Theatre&nbsp;was a popular cinema and&nbsp;dance hall.

<a href="/news/qld/de-luxe-apartments-set-to-tower-over-old-burleigh-theatre-site"><img alt="" data-entity-type="" data-entity-uuid="" height="726" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/de_luxe_1.jpg" width="1200" /></a>

The Goodwin Terrace building is now set to start its new life as a mixed-use development, with the Sydney-based developers Weiya Holdings&nbsp;receiving&nbsp;sign off from the Gold Coast Council to create a new local hotspot.

The development&nbsp;will be&nbsp;the first ever adaptive re-use of a building with heritage elements on the Gold Coast.

There will be 30 apartments designed by the Brisbane-based architecture firm Conrad Gargett, who specialise in heritage restoration.

For more information, <a href="/news/qld/de-luxe-apartments-set-to-tower-over-old-burleigh-theatre-site">click here</a>.

Urban has wrapped up the movements on the Gold Coast across June

Development update: What happened on the Gold Coast in June?

The NAB chief economist Alan Oster tips the RBA will lift the cash rate to 2 percent by 2025 from the current 0.1 percent.

His forecast comes despite the official advisory from the central bank.

&quot;They are still saying that they don&#39;t expect to see, on their central forecasts, rate rises until 2024.

&quot;But if I&#39;m reading between the lines, I&#39;m saying they are opening themselves up, if the environment is sufficently strong, to start increasing rates in 2023.

&quot;Probably late in the back end of 2023,&quot; he told the NAB podcast last week.&nbsp;

&quot;And I would still say that when they go they will go fairly quickly.

[smartcode_project:default project_id=3490 project_image_fid=92411]

&quot;So I would expect to see the first rate rise go from 10 basis points to 50 basis points and after that probably go 25 each quarter.&nbsp;

&quot;So within 12 to 18 months, I can see 2 percent compared to 0.1 percent at present.

&quot;But that is in 2025,&quot; he concluded.

Oster&#39;s comments were made before National Australia Bank&#39;s latest monthly survey found that business conditions slid 12 points to 24 in June and business confidence fell 9 points to 11 given increasing coronavirus cases and lockdowns saw business confidence and conditions pull back from record highs last month.

[smartcode_project:default project_id=102256 project_image_fid=163757]

After this month&#39;s RBA meeting the RBA governor Philip Lowe advised it will not increase the cash rate until actual inflation is sustainably within the 2 to 3 per cent target range.

&quot;The bank&#39;s central scenario for the economy is that this condition will not be met before 2024,&quot; Dr Lowe said.

It had previously advised &ldquo;2024 at the earliest.&rdquo;

However the cash rate futures market for June 2023 rose to 0.53%, up from 0.44% prior to the RBA&rsquo;s meeting, indicating that the market expects rate hikes before 2024.

NAB's Alan Oster sees a rapid lift in interest rates by 2025 from the current 0.1%

NAB tips 2 percent cash rate by 2025

The best of Camberwell is within walking distance from the luxury Victoria &amp; Burke project that sits on Burke Road.

The unique project is defined by its large corner site but enhanced through a considered architecture and design response.

Designed in collaboration between architects Carr Design and landscaper Jack Merlo, this boutique collection of 15 two and three-bedroom homes brings the best of Melbourne to its residents.

[smartcode_project:default project_id=6349 project_image_fid=153518]

The home centres around a magnificent 200-year-old blue gum in the development&rsquo;s private garden, keeping nature at the heart of the home.

Urban takes a look at the great offerings that are within walking distance of the Melbourne development.

1. Parks and Nature

[smartcode_project:default project_id=6349 project_image_fid=153502]

Victoria &amp; Burke is conveniently located amongst some of Melbourne&rsquo;s best natural offerings, with nearby parklands including the Sir William Angliss Reserve and Fritsch Holzer Park.

Set amongst Camberwell&rsquo;s leafy streets, the development also boasts 420sqm of its own exclusive green, open space and garden areas.

2. Caf&eacute;s and Restaurants

[smartcode_project:default project_id=6349 project_image_fid=153520]

&ldquo;Every day is an adventure for your senses, with local restaurants,&nbsp; bars, caf&eacute;s and takeaways serving wide and varied menus&rdquo;, the project marketing reads.

Camberwell is known for its caf&eacute; culture, trendy eateries and friendliness, with Timeout claiming it boasts a significant collection of the best caf&eacute;s in Melbourne.

3. Shopping and Retail

[smartcode_project:default project_id=6349 project_image_fid=153500]

Discover Australia&rsquo;s favourite retail brands alongside local boutiques and artisanal makers at Camberwell Shopping Striop.

Other shopping offerings include the main entertainment district of the area, Camberwell Junction, which includes a variety of stores, such as Target, Coles, Woolworths and Aldi supermarkets, and the long-standing Art Deco Rivoli Cinema.

4. Great Transport Options

[smartcode_project:default project_id=6349 project_image_fid=153510]

Victoria &amp; Burke is well-serviced by transport options, and is well-connected to inner-Melbourne arterial roads and the M1 Freeway.

Burke Road is the pulse of Camberwell and is served by an abundance of public transport and plenty of parking space,

The short train into the CBD from Camberwell Station is close-by and trams link students to some of the state&rsquo;s best schools.

5. Health and Wellness

[smartcode_project:default project_id=6349 project_image_fid=153505]

For active pursuits, there are several health clubs and gyms within easy reach of the boutique development, including the Camberwell Junction tennis club.

For all your healthcare essentials, medical centres and pharmacies are within close proximity, while the Silk Day Spa is within walking distance for your wellness needs.

[smartcode_project_cta: project_id=6349]

The best of Camberwell is within walking distance from the luxury Victoria & Burke project that sits on Burke Road

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