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?

The $250 million redevelopment on the former Le Cornu site at North Adelaide has been given planning approval.

The State Commission Assessment Panel (SCAP) approved construction of three apartment towers set above two levels of retail, hospitality and commercial space at 88 O&rsquo;Connell St.

The tallest tower will be 15 storeys, the highest building outside of the Adelaide CBD.

<a href="/new-apartments/eighty-eight-o-connell-88-oconnell-street-north-adelaide"><img alt="" height="836" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/88_2.jpg" width="1200" /></a> 
Source: City of Adelaide

The other two buildings will be 13 levels.

The 7560sq m site is set to be developed by Commercial &amp; General in a joint venture with Adelaide City Council, which paid $34 million for the site in 2017.

Each of the towers will have four penthouse apartments with rooftop pools above another 180 apartments.&nbsp;

They will comprise 28 one-bedroom, 125 two-bedroom and 19 three-bedroom apartments across the three towers.

<a href="/new-apartments/eighty-eight-o-connell-88-oconnell-street-north-adelaide"><img alt="" height="824" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/88_-_3.jpg" width="1200" /></a> 
Source: City of Adelaide

Three split-levels of basement parking will include 394 spaces.

The Adelaide Advertiser reported site works have started for a display apartment which is expected to open in September.

Commercial &amp; General executive chairman Jamie McClurg noted the site had been a blank canvas &quot;sitting there for the majority of my adult life just waiting to be done.&rdquo;&nbsp;

[smartcode_project_cta: project_id=93746]

The tallest tower of 15 storeys will be the highest building outside of the Adelaide CBD

jchancellor

Eighty Eight O'Connell, Le Cornu, North Adelaide site gets three tower redevelopment approval

The portion of profit making resales of property is on the rise, CoreLogic&rsquo;s Pain and Gain report for the March 2021 quarter found.

Some 90% of sales were at higher than the initial purchase price, up from 89% in the previous quarter and 86% in the June 2020 quarter.&nbsp;

CoreLogic analysed 98,000 resales across Australia from the March 2021 quarter.&nbsp;

Units were more than twice as likely to sell at a loss as houses, and owner occupiers enjoyed a higher incidence of profitability than investors, Eliza Owen, head of research said.

&ldquo;Between the market bottoming out in September 2020, and the end of March 2021, Australian dwelling values have risen 8.2%.&nbsp;

[smartcode_project:default project_id=600 project_image_fid=13472]

&quot;The total profit reaped by sellers in Q1 2021 was $30.6 billion nationally.&nbsp;

&ldquo;March 2021 also marked the fourth consecutive quarter where regional Australian resales sustained a higher rate of profitability than in the capital city markets.&quot;

90.6% of regional resales saw a profit through the quarter, compared with 90.0% of capital city sales.&nbsp;

&ldquo;While there were fewer loss making resales across both houses and units in Q1, the rate of loss making sales remains substantially elevated in the unit segment.&nbsp;

&quot;In the three months to March, 16.8% of units sold for a loss across Australia; almost two and a half times the rate of loss making house sales (6.8%),&rdquo; says Ms Owen.

In the Melbourne LGA unit market the volume of loss-making unit resales reached a record high at 173.&nbsp;

&quot;However, this is in the context of rising overall sales volumes, and still wasn&rsquo;t at a peak proportion.&nbsp;

&quot;For this region, investor sales may have been triggered by rental values falling more than 20% over the year.&nbsp;

[smartcode_project:default project_id=600 project_image_fid=94601]

&quot;As long as COVID weighs on international travel and inner-city economic activity, this market is likely to see subdued performance.

&ldquo;For some pockets of the market, ongoing international border closures have already led to more subdued price growth, and a decline in rental return.&nbsp;

&quot;These factors may slow the growth in profitability derived from housing in the coming quarters.&rdquo;

There were fewer loss making resales across both houses and units in Q1, but the rate of loss making sales remains substantially elevated in the unit segment

Losses on dwelling resales ease further: CoreLogic pain & gain report

Owner-occupiers are acting quickly to secure an apartment in Live City at Ropeworks, the latest Footscray development from R&amp;F Property Australia.

Live City is the first stage of the masterplanned development revitalising the historic Kinnears Ropeworks site.

The development brings together a fully integrated, mixed-use community that&rsquo;s thriving with character and history.

[smartcode_project:default project_id=3565 project_image_fid=77396]

Set amid heritage buildings and laneways, cafes, convenience shopping and public open spaces, the precinct will feature a wide range of apartments in one, two and three-bedroom configurations.

The low maintenance benefits of apartment living have been a big drawcard for owner-occupiers, a testament to the project&rsquo;s liveable design.

Honouring the past, hints of the old Kinnears will be present throughout the development with a number of early 1900s manufacturing and storage buildings repurposed for the community.

<blockquote>
&ldquo;Design within the public spaces will incorporate its industrial history and antique parts of the factory will be reimagined within the art scene&rdquo;, the developers said.
</blockquote>

Live City will be situated amongst the diverse dining experiences and cultural heritage of Footscray.

[smartcode_project:default project_id=3565 project_image_fid=68174]

Residents in the development enjoy being so close to health and leisure amenities, as well as outdoor spaces, well-serviced transport and numerous stores.

Designed by Hayball Architects, Live City features a neutral palette to reflect the earthy, tactile rope factory heritage.

The apartments feature open-plan living and dining space for entertaining and socialising, with clever storage solutions and premium finishes.

[smartcode_project:default project_id=3565 project_image_fid=68172]

A communal lounge area on an upper podium of the building boasts sweeping views across the Melbourne CBD and the suburbs below. &nbsp;

With the transformation of Footscray underway, residents are better connected.

Live City is located less than two-kilometres from Footscray Station, serviced by the Metro Tunnel, the 27-kilometre Melbourne Airport Rail link and soon the West Gate Tunnel Project forecast to open in 2023.

[smartcode_project_cta: project_id=3565]

Live City is the first stage of the masterplanned development revitalising the historic Kinnears Ropeworks site

max.kwok_55688

Why owner-occupiers are loving the Footscray apartments at Ropeworks’ first stage, Live City 

The champion swimmer Cameron McEvoy has sold his Isle of Capri, Queensland home for $1.4 million, just ahead of travelling to Tokyo in July to compete in his third Olympic Games.

McEvoy bought the townhouse for $1.15m after returning from the Rio Olympics in 2016.

It had been built in 2016.

<a href="/developments/gold-coast-qld?source_news_article_id=103306&amp;ref=news_body_link"><img alt="" height="797" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/gc_newest_tile_jpeg_18.jpg" width="1200" /></a>

McEvoy hoped to secure around $1.5m.

Josh Longhitano of Lucent, Burleigh Heads was marketing the property which is one of four in the development.

Longhitano had been prepared to accept cryptocurrency, including KuCoin.

The champion swimmer Cameron McEvoy sold his Isle of Capri home for $1.4 million

Olympic swimmer Cam McEvoy sells Isle of Capri villa

Astute property investors are recognising the potential of Sydney property, with its numerous amenities, leading universities and great employment opportunities.

As free-standing home prices surge and approvals to build new houses reach record highs, homebuyers are looking to the off-the-plan apartment market to find savings on brand-new luxury developments.

For many buyers, a downside to off-the-plan purchases include the long wait for construction but with many projects expected to reach completion before the end of the year, Urban has decided to take a look at five soon-to-be-completed developments offered in Sydney.

1. Georgette, Schofields 
Developer: Positive Investment Enterprise 
Two-bedroom apartments from $535,000

[smartcode_project:default project_id=32227 project_image_fid=93945]

Kew Schofields second stage, Georgette, is expected to reach completion later this year, with 137 apartments available in one and two-bedroom configurations.

Designed by PBD Architects, residents can enjoy light-filled apartments in Sydney&rsquo;s fast-growing north-west.

Delivering a change of scenery from the bustling city setting, Georgette is set amongst lush green spaces for privacy and natural beauty.

[smartcode_project:default project_id=32227 project_image_fid=93951]

Each apartment boasts extended gardens, ample storage and, in partnership with Tesla, state-of-the-art energy and storage innovations.

2. 180 George, Parramatta 
Developer: Meriton 
Two-bedroom apartments from $715,000

[smartcode_project:default project_id=8590 project_image_fid=71711]

Hailed as Parramatta&rsquo;s tallest residential tower, 180 George is a new world-class development that brings beautiful residences with luxury amenities.

Set to reach completion in December, the 767-apartment tower features communal open space, rooftop gardens, a sundrenched podium terrace and barbeque area.

The 1,200 sqm podium gardens complement the adjoining 58-level hotel suites tower.

[smartcode_project:default project_id=8590 project_image_fid=71714]

Within walking distance is the Westfield Parramatta, Parramatta Park and a diverse range of bars and restaurants that line Church Street.

3. Ed.Square, Edmondson Park 
Developer: Frasers Property 
Two-bedroom apartments from $620,000

[smartcode_project:default project_id=5995 project_image_fid=78734]

Estimated to reach completion in December 2021, Ed.Square is the latest innovation from Fraser Property that is set to deliver new net zero energy demand homes.

Situated in Sydney&rsquo;s south-west suburb of Edmonson Park, the homes will produce more energy than they consume, saving residents up to 43 per cent of their energy costs.

Its sustainable features include LED lighting, electric-boosted solar hot water, geothermal heating and will not feature natural gas.

[smartcode_project:default project_id=5995 project_image_fid=78730]

The homes are located within convenient access to an array of shopping, dining and entertainment facilities.

4. Castle Residences 
Developer: United Development Sydney 
One-bedroom apartments from $1,230,000

[smartcode_project:default project_id=7758 project_image_fid=79424]

Anticipated to reach completion before the end of the year, United Development Sydney&rsquo;s sought-after Castle Residences is delivering 131 apartments just off Hyde Park.

The project merges five-star luxury hotel services and amenities with high-end apartments designed by Candalepas Associates.

The construction includes the refurbishment of the 142-year-old heritage-listed Porter House building and will include amenities such as luxurious dining areas, private dining spaces and in-residence catering.

[smartcode_project:default project_id=7758 project_image_fid=150437]

Timeless sculptural alcoves and arches bring together historical and contemporary architecture, while interior styling takes inspiration from Manhattan apartments.

5. Beyond, Hurstville 
Developer: Fridcorp 
Two-bedroom apartments from $850,000

[smartcode_project:default project_id=6798 project_image_fid=140935]

Fridcorp&rsquo;s latest Hurstville development, Beyond, will deliver its residents a number of on-site amenities that match the quality of the world&rsquo;s best hotels before the end of 2021.

Each residence exudes uncompromised quality from every aspect, with one, two, and three-bedroom apartments on offer.

Designed by DKO Architecture, the light-filled interiors boast wide frontages and a refined, contemporary aesthetic.

[smartcode_project:default project_id=6798 project_image_fid=140952]

Among its amenities include a two-podium platform, an outdoor dining and teppanyaki grill, gardens, lobby bar and residents&rsquo; dining.

Urban has decided to take a look at five soon-to-be-completed developments offered in Sydney

The top five Sydney apartments completing construction before the end of 2021

Shenton Quarter is the latest offering from Iris Residential, transforming Perth&rsquo;s inner-western suburb of Shenton Park.

Situated on the corner of Selby Street and Seymour Avenue, the residence boasts 21st-century&nbsp;convenience in a thriving urban village.

Featuring 157 one, two and three-bedroom apartments, residents can enjoy luxurious light-filled residences and unrivalled resident-only space.

[smartcode_project:default project_id=26734 project_image_fid=153694]

The Cameron Chisholm Nicol-designed building boasts exclusive concierge services, a 20m heated swimming pool, landscaped gardens, outdoor barbeque, gym and dining pavilion.

Open-plan living and dining, city views across Perth and a choice of one of three colour schemes are just a few of the features in these apartments.

The colour schemes reference Iris Residential&rsquo;s sold-out Jolimont development, One Mabel Park, building upon the popularity of the project&rsquo;s three colour palettes.

Urban takes a look at the selection of bespoke design schemes on offer at Shenton Quarter.

1. Scheme A &ndash; Acacia

[smartcode_project:default project_id=26734 project_image_fid=153710]

Acacia delivers residents a crisp white colour palette that provides the ideal blank canvas for personal touches to the home.

Timber floors and neutral tones help brighten the home with a contemporary feel and heightened perception of space.

[smartcode_project:default project_id=26734 project_image_fid=153712]

The white contrasts against the dark stone tiling in the bathroom that culminates into a calm, serene sanctuary. &nbsp;

2. Scheme B &ndash; Banksia

[smartcode_project:default project_id=26734 project_image_fid=153709]

Elegant and versatile, Banksia boasts a modern design with warm and cool elements coming together.

The classic whites and soft grey tones create the ideal backdrop for your interior styling and find harmony with the steel kitchen appliances and finishes.

[smartcode_project:default project_id=26734 project_image_fid=153716]

In the bathroom, integrated cabinetry features the same soft greys as the kitchen, which can be combined with contrasting shades for dramatic effect or monochromatic tones for a minimalist style.

3. Scheme C &ndash; Cassia

[smartcode_project:default project_id=26734 project_image_fid=153711]

The final scheme, Cassia, presents a sophisticated feel thanks to bold touches in the interior.

Light and dark colours deliver a timeless design, with black feature cabinetry contrasting the crisp white and warm timber elements.

[smartcode_project:default project_id=26734 project_image_fid=153715]

The striking architectural effect provides a feeling of effortlessness, while the bathrooms cabinetry draws the eye to the impressive free-standing bath.

[smartcode_project_cta: project_id=26734]

The colour schemes reference Iris Residential’s sold-out Jolimont development, One Mabel Park, building upon the popularity of the project’s three colour palettes

Design brief: Design scheme options for Shenton Quarter, Shenton Park apartment buyers

Australia&rsquo;s housing market remains &quot;firmly entrenched&quot; in a housing boom across most of the country, the recent NAB CoreLogic Housing market update noted.

The resurgence of investor participation, and high levels of activity in the owner occupier non first home buyer segment, may account for the continued strength in dwelling markets despite affordability constraints, it noted. 
&nbsp;&nbsp; 
&quot;The reduction in federal government fiscal support seems to have had little to no impact on housing demand or growth in home values to-date,&quot; it advised.

&quot;While future COVID outbreaks presents both a health and economic risk, the strong recovery in the labour market has likely mitigated the impact of removing the JobKeeper&rsquo;s program.&quot;

[smartcode_project:default project_id=2407 project_image_fid=77654] 
&nbsp; 
NAB advised it was expecting housing values will continue to rise throughout 2021 and into 2022, &quot;albeit at a gradually slower pace.&quot;

&quot;Domestic demand should continue to be supported by the expectation that mortgage rates will remain at their record lows for some time, as well as the ongoing high levels of consumer confidence as the economy expands at a faster than average pace.

&quot;A slowdown in dwelling price appreciation is expected as affordability constraints progressively impact market participation, and potentially tighter credit policies looms further down the track.

&quot;The resurgence of investor participation, and high levels of activity in the owner occupier non first home buyer segment may account for the continued strength in dwelling markets despite affordability constraints.

&quot;Over the medium term, a rise in housing supply together with the demand side impact of closed international borders is likely to be another factor that weighs on price appreciation,&quot; the report advised.

Housing markets around Australia surged in May with CoreLogic&rsquo;s national Home Value Index up 2.2%, stronger than the 1.8% lift in April, but weaker than the 32-year high recorded in March when values surged 2.8%.

[smartcode_project:default project_id=29947 project_image_fid=93183]

Growth conditions remained broad based with home values up by more than 1% across every capital city over the month, with both house and unit values lifting across the board. &nbsp;

Of the 334 sub-regions analysed by CoreLogic, 97% of them have recorded a lift in housing values over the past three months. &nbsp;

&quot;Such a synchronised upswing is an absolute rarity across Australia&rsquo;s diverse array of housing markets,&quot; the NAB noted.

Across the capital cities, the monthly change in dwelling values ranged from a 1.1% rise in Perth through to a 3.2% jump in Hobart. &nbsp;Across the non-capital city regions, regional NSW led monthly gains with a 2.5% increase, while values in regional WA had the weakest result dipping one tenth of a percentage point.

[smartcode_project:default project_id=90550 project_image_fid=144782]

&quot;The most expensive end of the market is now driving the highest rate of price appreciation across most of the capital cities, whereas early in the growth cycle it was the most affordable end of the market that was the strongest.

&quot;From a geographic perspective, it was the smaller capital cities that led the housing market out of the COVID slump, but now Sydney has risen through the ranks to record the largest capital gain over the past three months with values up 9.3%.

&quot;Another trend that is changing is the stronger performance across regional areas of Australia. &nbsp;While regional markets led the early stages of the latest growth phase, the performance gap has narrowed substantially between the capitals and regional areas. &nbsp;

&quot;For the second time in three months, growth conditions in capital city home values outpaced the regional markets.&quot;

The combined capital city index rose 2.3% in May compared with a 2% rise across the combined regional areas. &nbsp;

[smartcode_project:default project_id=102309 project_image_fid=163979]

CoreLogic estimates sales activity over the three months to May was tracking about 37% higher than the five-year average.

&quot;The sales to new listings ratio remains around 1.1, meaning for every new listing there is more than one sale occurring. &nbsp;

&quot;This rapid rate of absorption is keeping advertised inventory levels extremely low, despite the rise in new listings. &nbsp;

&quot;As a consequence, vendors remain in a strong selling position while buyers have a weak position at the negotiation table.&quot;

With housing sales activity continuing to outpace the number of new listings added to the market, the total number of homes advertised for sale remains approximately 24% below the five-year average.

The NAB CoreLogic report advised a slowdown in dwelling price appreciation is expected as affordability constraints progressively impact market participation

Resurgence of investors prompts continued strength in dwelling markets: NAB CoreLogic report

There's only a handful of apartments left in the modern Art&nbsp;Group development Mulberry in Canberra's Dickson.

Art Group had COX Architecture design the development in the inner north Canberra suburb, and the interior design expert Darren Palmer handle the interiors, with buyers choosing between light, dark, and contrast&nbsp;colour palettes.

Palmer also hand selected a number of furniture packages for buyers, who will be moving in to the development at the end of the year.

Mulberry, which comprises five buildings,&nbsp;features a rooftop pool and sun deck with its own Zen Garden for residents of its 409 apartments.

[smartcode_project:default project_id=21597 project_image_fid=166686]

Prices start from $485,600 for one bedroom apartments and from $544,200&nbsp;for the two bedroom apartments. All of the three bedroom apartments have been sold.

Buyers are expected to move in to Mulberry&nbsp;at the end of the year.

Sales Director Josh Morrissey&nbsp;says the location is one of the key factors driving demand to Mulberry.

[smartcode_project:default project_id=21597 project_image_fid=166508]

"Mulberry is positioned&nbsp;perfectly in the geographical centre of the Inner North," Wiggins says.

"You get the convenience&nbsp;of being walking distance to the Dickson, Lyneham,&nbsp;O'Connor, Ainslie and the city shops without being a densely&nbsp;populated area such as the town centre.

"The light rail also allows us to be connected."

Mulberry is&nbsp;part of the 2.9 hectare&nbsp;Dooring Street mini-masterplan Soho, a development&nbsp;by the Canberra-based&nbsp;developer Art Group, led by director Johnny Roso.

&nbsp;

Mulberry features a rooftop pool and sun deck with its own Zen Garden for residents of its 409 apartments

Darren Palmer interiors a design hit at all but sold-out Dickson apartment development Mulberry

The luxury Rainbow Bay, Coolangatta apartment development Rockpool, developed and designed by the architect-turned-developer Joe Adsett, has got the go-ahead from the&nbsp;Gold Coast City Council.

The council signed off on the 20 apartment project at 154-156 Marine Parade, a sought-after strip fronting Kirra Beach.

Adsett has gone back to the council to try and increase the building height by another two levels, which would see another two apartments added.

&quot;The proposed development delivers a quality architectural design to deliver a built form that contributes to both the existing and intended character of the area,&quot; the council assessment read.

It was a three-month turnaround from development application lodgement to approval for the highly anticipated project, developed and designed by Adsett, an award-winning Queensland architect.

[smartcode_project:default project_id=94018 project_image_fid=169978]

Adsett secured the prime site late last year from Sunland, who had demolished the two smaller apartment developments on the 1,194 sqm block.

They were planning on constructing four separate towers on the site, which also included&nbsp;the adjoining Greenmount Resort site which Sunland owned. The plans were for&nbsp;247 apartments across four buildings ranging in height from 15 to 17 storeys.

[smartcode_project:default project_id=94018 project_image_fid=169979]

Adsett&#39;s tower is considerably more modest, spanning potentially 14-levels and 45 metres high, if the Gold Coast Council sign-off on the revision.

There will be 18 three bedroom apartments, just two per floor.

The approval included a two-level, four bedroom penthouse which was spread between levels 11 and 12. The change seeks to&nbsp;provide a five-bedroom unit on each of Level 11 and 12 and introduce a smaller, four-bedroom unit on Level 13.

[smartcode_project:default project_id=94018 project_image_fid=169980]

Todd Matheson from KMSM is heading up the sales for Rockpool.

&quot;The response has been unbelievable&quot;, Matheson says, having been&nbsp;inundated with enquiry solely from running a teaser campaign.

The residential-only building has prices starting from around $2.85 million.

The council signed off on the 20 apartment project at 154-156 Marine Parade, a sought-after strip fronting Kirra Beach

Joe Adsett's Rockpool Rainbow Bay apartments get green light after "unbelievable" buyer interest 

Like many other Sydney display suites, the Pavilions display suite is closed.

However the &nbsp;Mirvac sales office at Sydney Olympic Park is open by virtual appointment due to the current Covid-19 restrictions.

Buyers have been told the actual sales office is currently closed until Saturday 10th July pending State Government restrictions.

The project has 1, 2 or 3 bedroom apartments, plus skyhomes and terrace for sale.

[smartcode_project:default project_id=7363 project_image_fid=166645]

The display suite at Portman House, Green Square, Australia’s first residential building to seek WELL v2 certification, is also available via virtual appointment.

At Bondi Junction, the developer Lindsay Bennelong is open but by private appointment only at its Whitton Lane project.

"Due to Covid restrictions only one on one private appointments can be conducted," it has advised.

"Please wear a mask and we adhere to social distancing regulations," it noted.

The Adela, Burwood display suite of Aoyuan International is advised as "closed during lockdown - till further notice."

[smartcode_project:default project_id=6842 project_image_fid=79499]

Meriton advises "due to temporary COVID restrictions private appointments and virtual appointments are now available between 10am – 5pm 7 days a week" at its Pagewood Green Orchid display suite.

Atelier, the Ceerose project at 32 Jarret Street, Leichhardt, advises its buyers that it was "continuing to closely monitor the ongoing COVID-19 situation, with the health and well-being of our customers and staff as a top priority."

"To maximise precautions, and in the interest of your safety all inspections have been moved to private appointments.&nbsp;

"Should you visit there will be some screening questions we’ll need to ask you in addition to practicing safe social distancing guidelines including observing a distance of 1.5m between people and limiting numbers to 3 people per appointment."

[smartcode_project:default project_id=14867 project_image_fid=78381]

The severest closure came when Melbourne developers saw their display suites closed for two months until late October last year with the lifting of pandemic restrictions on open inspections.

Last week the RBA lauded apartment developers using virtual walk-throughs in place of in-person inspections since the pandemic hit the country early last year.

The reference to property development firms using virtual walk-throughs came in a speech from RBA assistant governor Luci Ellis.

Frasers Midtown sales and display centre at Macquarie Park remains open according to its website marketing, but by appointment only.&nbsp;

"Like our team, we request you practice good hand hygiene, wear an approved face covering and maintain physical distancing, by keeping 1.5m away from others.

"Our sales team are also available via phone, video and email according to your preferences, so we can safeguard the health of our customers and staff," its website advised.

The Real Estate Institute of NSW CEO Tim McKibbin noted while the operating environment for agents and consumers is temporarily interrupted, he said the fundamentals remain largely unchanged.&nbsp;

"Demand still outstrips supply and prices can be expected to remain strong, though the pace of growth has naturally eased," he said.

[smartcode_project_cta: project_id=7363]

The Pavilions display suite is closed at 2 Figtree Drive, Sydney Olympic Park but virtual inspections are underway

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