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.

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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.

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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.

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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.

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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 Melbourne developer Lowe Living has sold nearly two thirds of its&nbsp;seaside Parkdale apartment development, Topaz Parkdale.

The developer, led by managing director Tim Lowe, has seen a diverse buyer profile for the premium apartments, which have been designed by Chamberlain Architects in collaboration with the landscape architect Jack Merlo.

First home buyers and downsizers have both been prominent in the purchasing in the 22 apartment block.

Lowe&nbsp;said that the meticulous craftsmanship and unparalleled attention to detail of Topaz Parkdale, combined with the prized bayside location, will present a sought-after opportunity for several buyer types looking to leverage government incentives.&nbsp;

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&ldquo;Topaz Parkdale is inspired by its desirable location,&rdquo;&nbsp;Lowe said.

&ldquo;With the beauty of Port Phillip Bay only a short walk away, along with the enviable amenities of the much-loved Parkdale Village and neighbouring bayside suburbs. Topaz Parkdale will give a variety of buyer types the rare opportunity to enjoy a sea change while not compromising on locale or quality.&quot;

One, two and three bedroom apartments are still available. The one bedders start from $524,000, the two bedroom apartments from $889,000 and the bigger three bedroom apartments from $1,069,000.

There are also a small selection of three bedroom townhouses, which are priced from $1,395,000

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Construction is underway at Topaz, with completion slated for late 2022.

Lowe says that one of the most unique aspects of Topaz Parkdale is the relationship between architecture, landscaping and surrounds.

Lush planting design by Jack Merlo, spilling over private courtyards and balconies, match the low maintenance, textural palette of contrasting brickwork, toned renders and metal cladding.

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&ldquo;These elements have all been carefully considered to create a sense of sanctuary, synonymous with a relaxed beachside lifestyle,&quot; Lowe says.

&ldquo;Carefully crafted floorplans promote light-filled rooms with spacious interiors that seamlessly transition for complete outdoor connection.&quot;

About the developer

Lowe Living&nbsp;was developed in 2015 due to market opportunity and to continue the Lowe name&rsquo;s strong legacy of delivering high-quality projects, particularly specialising in multi-level residential apartments in Melbourne.

Through the combination of Lowe Living and Lowe Create, Lowe Living offers end-to-end services in land acquisition, design and building services, development management, preparation for launch including sales and marketing support, and post purchase support.

The developer, led by managing director Tim Lowe, has seen a diverse buyer profile for the premium apartments



Lowe Living secure 60 per cent of apartment sales at Topaz Parkdale

NSW property investors are set to pay $4.8 billion in land tax revenue in 2021-22, with a Treasury forecast it will grow by 5.2 per cent annually over the next four years.
 
“This uplift is largely due to expectations for higher average land values than previously forecast,” the NSW state budget papers advised. 

The budget papers forecast NSW stamp duty will peak in the upcoming budgetary year at $11.4 billion, up from the $9.3 billion windfall in the current year, and almost double the $6.9 billion in 2020.

However due to the bring forward in buying, the next three years will then see stamp duty revenues fall to initially $10.9 billion, then $10.1 billion, and back to $9.2 billion by 2024-25.

The historic unreliable rollercoaster nature of stamp duty revenue is in part the reason why the NSW Treasurer Dominic Perrottet has signalled his intention to shift from the upfront stamp duty cost for buyers towards an annual land tax on every property owner. 

There was no date given for the phased introduction to a wider annual land tax in the NSW budget.

Nor was there any housing grants and concessions announcements.

Some $1.2 billion has gone to the benefit of first home buyers over the past two years. The number of first home buyers was up annually by more than a third. 

The papers noted the current strength in the housing market, in terms of price growth and new construction, was mainly reflected in houses rather than units, and until recently had mainly been underpinned by demand from owner-occupiers. 

The Sydney house price boom is tipped by NSW Treasury to peak in late 2021, with house prices having surged by over 20 per cent during the pandemic. 

Residential prices are forecast to remain “materially higher “ over the next four years. 


The NSW land tax revenue uplift is largely due to expectations for higher average land values than previously forecast the budget papers said

jchancellor

NSW property investor land tax revenue to rise 5.2 percent annually 

The Melbourne-based developer Landream,&nbsp;in collaboration with project manager&nbsp;Codicote, have announced the high-end residential builders, Kapitol Group, have been awarded the $17 million plus construction contract to deliver the&nbsp;Malvern East apartment development Hurstmon.

Kapitol, who have built Sarah Sands in Brunswick and are also currently building a 20 apartment development in Collingwood, are set to start construction next month of the Telha Clarke-designed apartment project of 39 apartments.

The location at 3 Hurstmon Street is unique. It is rare&nbsp;an apartment building in the Stonnington LGA isn&#39;t developed on a main road. The 1,790&nbsp;sqm site sits quietly off Malvern Road.

[smartcode_project:default project_id=4807 project_image_fid=84184]

Mitchell Crawford, Landream&#39;s senior development manager, says Landream&nbsp;always strives to engage local professionals where possible across their portfolio of projects.

&quot;Hurstmon was no exception,&rdquo; Crawford said.

The project is set to generate work for over 450 local contractors during the construction program.

Kapitol Group director Andrew Deveson said the team were looking forward to putting their&nbsp;world-class construction experience towards delivering a high quality outcome at Hurstmon, where future residents will enjoy living in years to come.

[smartcode_project:default project_id=4807 project_image_fid=84185]

Emphasis has been placed on the delivery and installation of the unique vertical rammed earth columns that line the front and west fa&ccedil;ade of the building.

&ldquo;Rammed earth columns sit proudly on the fa&ccedil;ade of Hurstmon paying homage to the earthy tones of the site&rsquo;s surrounds and defining each residence, allowing residents to have a clear sense of their home,&rdquo; Tim Clarke, director of Telha Clarke says.

This enables the building to meld seamlessly into the local streetscape, which is filled with the abundant native greenery that Malvern East is known for.

Crawford says Hurstmon is one of the only residential developments in Victoria to feature the sustainable natural building finish.

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&quot;[The finish] traditionally only&nbsp;stars&nbsp;in luxury homes, museums, art galleries and wineries due to its bespoke nature,&quot; Crawford says.

In keeping with the theme of supporting local, the earth for the columns will be sourced and manufactured in the Victorian High Country through the&nbsp;family run business Earth Structures.

Earth Structures are responsible for many of the buildings in Victoria that feature rammed earth including the renowned Tarrawarra Museum of Art located at the Tarrawarra Estate winery in the Yarra Valley.

Hurstmon is scheduled for completion by end of 2022, and will sit in landscaping from Eckersley Garden Architecture, who <a href="/news/vic/eckersley-garden-architecture-shares-inspiration-behind-the-design-of-hurstmons-garden-areas">recently shared their insights in to Hurstmon</a>.

Launching soon is the developer&#39;s&nbsp;release of three-bedroom apartments, with pricing ranging from $1,375,000.

Emphasis has been placed on the delivery and installation of the unique vertical rammed earth columns that line the front and west façade of the building.

Landream appoint Kapitol Group to construct Malvern East apartment development Hurstmon

The ASX-listed national developer Mirvac have sold over half of the apartments in their $180 million Newstead apartment tower Quay.

Quay is one of the two approved apartment building&#39;s in Mirvac&#39;s $1 billion Waterfront Newstead community on Skyring Terrace on the Brisbane River.

Mirvac had just been running a&nbsp;registration&#39;s of interest&nbsp;campaign, with public release starting in the next few weeks.

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Quay will comprise 143 one,&nbsp;two and three bedroom apartments priced from $382,000 across its 25 levels. The expansive three and four bedroom sky pavilions start from $2,925,000.

The striking building, designed by Mirvac&#39;s award-winning in-house design team, will feature lush landscaping climbing the tower by landscape architect RPS.

Mirvac Head of Residential Stuart Penklis said there had been significant demand for the premium riverside apartments, which were located on a prime site at 57 Skyring Terrace, at the gateway to the Waterfront Newstead community.

&ldquo;To have the apartments be so well received is a huge achievement and testament to the design and quality of Quay,&rdquo; Penklis said.

[smartcode_project:default project_id=90553 project_image_fid=147612]

&ldquo;From the moment we started work on the sales centre we were inundated with enquiry and had a waiting-list of buyers, with sales predominately made to those already living in the local area or who had purchased or lived in a Mirvac community previously.

&ldquo;We expect the high interest will continue now the apartments are officially released, with demand for premium property in Brisbane remaining extremely strong &ndash; particularly for lifestyle destinations such as Quay, which enjoys a position alongside the Brisbane River, just two kilometres from the CBD and surrounded by vibrant caf&eacute;s, restaurants and retail.&rdquo;

Quay features just seven apartments per level to level 19, and three from level 20 and above.

Mirvac Design and RPS combined to create the lush landscaping up the facade of the building, turning the balconies in to an elevated backyard.

[smartcode_project:default project_id=90553 project_image_fid=147606]

Quay will home one of Brisbane&rsquo;s largest rooftop entertaining areas, complete with a 25 metre infinity edge pool. There will also have be&nbsp;a shared penthouse style kitchen and dining space with views across the Brisbane River and a ground-level wellness retreat, featuring a yoga studio.

Quay features just seven apartments per level to 19, and three from level 20 and above, ensuring each enjoys generous proportions inside, with large sculptured balconies and lush planting providing an &lsquo;elevated backyard&rsquo;.

High ceilings and expansive glass frontages draw in natural light and ventilation, while framing panoramic views of the Brisbane River and city skyline vistas.

Quay follows on from Mirvac&rsquo;s highly successful previous stages at Waterfront Newstead &ndash; Pier, Park and Unison.

The strong sales have prompted Mirvac to bring forward planning for the next apartment release at Waterfront Newstead, with the developer now taking registrations of interest from prospective purchasers.

[smartcode_project_cta: project_id=90553]

Quay is one of the two approved apartment building's in Mirvac's $1 billion Waterfront Newstead community on Skyring Terrace on the Brisbane River

Mirvac secure $95 million of sales at Quay Waterfront, Newstead apartment development

Construction at Bloom Arncliffe has recently completed, supplying Sydney&rsquo;s south with quality one, two and three-bedroom ready-to-go apartments.

Situated at 213 Princes Highway, these homes are perfect for the first-time owner, the smart investor and the dynamic urban-dweller.

Urban takes a look at five things we love about Bloom Arncliffe.

1. Delivered by an award-winning team

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Developed by Melbourne investment and finance house, Wingate, and designed by EJE Architecture, Bloom Arncliffe is delivered by a strong team.

Wingate has a track record of quality developments and has recently announced a $600 million venture alongside Tim Gurner at a 1.3-hectare site in Surfers Paradise.

EJE director, Kathy Gresham, has an impressive architectural portfolio that spans over 20 years, successfully completing a diverse range of projects.

Bloom Arncliffe was constructed by one of the NSW&rsquo;s most experienced residential builders, Richard Crookes Constructions.

2. Stylish apartments

[smartcode_project:default project_id=6201 project_image_fid=89014]

Dispersed over seven state-of-the-art buildings, each residence at Bloom combines functionality with luxury finishes.

Apartments include the latest appliances, integrated cabinetry, built-in robes and floor-to-ceiling sliding doors.

&ldquo;Contemporary yet timeless, fresh yet warm, Bloom is the ideal canvas to create your next home&rdquo;, the project marketing reads.

The open plan living and dining space opens up to a balcony, landscaped for privacy and offering elevated views.

3. Vibrant community

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Forming part of a thriving Sydney community, owner-occupiers can relax knowing their home is set amongst boutique cafes, Rockdale&rsquo;s upgraded park and two 18-hole golf courses, Bardwell Valley and Kogarah Golf Club.

The suburb has a rare balance in generations, with mature-aged homeowners and young independents.

Bloom Arncliffe is favourably situated between nature and the sitting, and offers Wolli Creek&rsquo;s new shopping precinct, Discovery Point, within leisurely reach.

4. Convenient amenities

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The 318-residence tower is made vibrant by its ground-floor marketplace, boasting retailers and restaurants at your doorstep.

Arncliffe&rsquo;s brand-new inclusive leisure centre is also within close proximity, delivering sports and recreation facilities, educational resources, space hire and cultural activities.

5. Great location

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Bloom is paced in a prime position between the city and the coast, with convenient access to well-serviced transport, including to Sydney Airport and Arncliffe and Banksia train stations.

Residents enjoy the benefits of being close to Sydney&rsquo;s southern beaches, as well as the Illawarra line&rsquo;s direct link to the CBD, the Inner West and Bondi.

Plus, the area boasts a great selection of local schools, parks and public space.

[smartcode_project_cta: project_id=6201]

Situated at 213 Princes Highway, these homes are perfect for the first-time owner, the smart investor and the dynamic urban-dweller

max.kwok_55688

Five things we love about the Arncliffe development, Bloom

Smith Street, the edgy Collingwood strip of food joints and bars,&nbsp;was recently named the coolest street in the world&nbsp;in a poll by the entertainment and exploration guide, Time Out.

It beat out the likes of London&#39;s South Bank on the River Thames and the famous Sunset Boulevard strip in LA.

But the street wasn&#39;t always the go-to hangout for Melbourne&#39;s inner residents.

Developer Tim Gurner, who leads the residential development firm GURNER, said people thought they were crazy when launching projects just off Smith Street around 14 years ago, long before it had taken off.

&quot;I remember our first display suite kept getting broken into and the TVs and electrical equipment would get stolen,&quot; Gurner recalled.

&quot;But I just fell in love with the incredible heritage buildings and warehouses and felt that gentrification would change the face of the area and attract the young professionals that would eventually lead to all the best restaurants, bars, shops and then eventually more demand.&quot;

He said one of the things he looks for when deciding on where the develop a project is the area&#39;s &#39;cool factor&#39;.

&quot;Have the artists and creators moved into an area? Are new restaurants opening up? Does the area tell a story? If the answers are yes, I know culturally the area is set for a massive resurgence and know that&rsquo;s where we should be looking for sites, so that we can play a role in that cultural regeneration.&quot;

Of course the rich-lister developer goes in to each development knowing that that data is crucial, with rental vacancy rates, walkability scores, and median price points analysed.

But Gurner says that he also needs to personally love the area.

&quot;I need to feel like it&#39;s somewhere I could imagine myself living,&quot; Gurner says.

&quot;Often when I&rsquo;ve walked around streets of areas we are looking at, it&rsquo;s reminded me of places I&rsquo;ve been to in New York, Brooklyn or LA. That&rsquo;s when I know we are onto something really exciting and we often end up developing multiple projects there over many years.

GURNER&#39;s latest development on Smith Street is E.S Smith, the contemporary, New York-style development of 41 apartments.

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&quot;I think E.S&nbsp;Smith&nbsp;is my 17th&nbsp;project within a two kilometre radius, so you can tell I really love the area and believe in it on a much deeper level than data alone.&quot;

The design by&nbsp;Warren and Mahoney Architects draws inspiration from private clubs in New York&#39;s hip borough Brooklyn.&nbsp;Completion is slated for early 2023.

&quot;Collingwood&nbsp;has a distinct NY Meatpacking feel to it so we wanted to celebrate that with our projects, rather than compete with it,&quot; Gurner says.

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The development will see the 100 year old facade retained at street level, where there will be retail space.

Gurner says Smith&nbsp;Street has so many incredible heritage buildings still intact from the Foy &amp; Gibson era so we were really keen to be able to play a part in another project with historic appeal.

&quot;E.S&nbsp;Smith&nbsp;is our latest development on&nbsp;Smith&nbsp;Street and it ticked all the boxes for us &ndash; a heritage fa&ccedil;ade surrounded by all the best restaurants and cultural elements. We knew this was going to be something special.&quot;

Gurner says it was well foreseen that Smith Street was going to take off.

&quot;Collingwood and Smith Street in particular are so close to&nbsp;East&nbsp;Melbourne, which is one of this city&rsquo;s most prestigious suburbs, so I knew some of that demand would soon start to be reflected in the surrounding areas. &nbsp;

&quot;Collingwood and Fitzroy have seen the progressive transformation of so many key streets from Gertrude Street and Cambridge Street through to Brunswick and Johnston Streets, so&nbsp;Smith&nbsp;Street was the natural next step of this gentrification process.&quot;

He said one of the things he looks for when deciding on where the develop a project is the area's 'cool factor'.

Why Tim Gurner chose Collingwood's Smith Street, the world's coolest street

The Melbourne-based&nbsp;Beck development family have secured a landmark site in Coolangatta on the Gold Coast.

Beckdev, headed by property industry veteran Max Beck and his son Ben, has already engaged&nbsp;BDA Architecture to create Palais Coolangatta, an innovative apartment tower&nbsp;on the&nbsp;31-35 McLean Street site.

The double block totalling 2,355 sqm homes Jazzland, one of many jazz halls that popped up in Coolangatta in the late 1930&rsquo;s, as well as a car park.

Ben Beck, a director at Beckdev who relocated to the Gold Coast from Melbourne a few years ago, said they wants the tower to be&nbsp;sympathetic to the nostalgia and history of the location.

&ldquo;This site holds an important part of the history of Coolangatta and our final design will reflect that,&rdquo; Beck said.

<a href="/developments/gold-coast-qld?source_news_article_id=103162&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_13.jpg" width="1200" /></a>

&ldquo;Our connection to the past underpins our sense of community, so it&rsquo;s our intention to restore, re-use and recreate this unique social heritage to ensure the fa&ccedil;ade and dance floor live on in some form.&rdquo;

Jazzland, which at one stage was known as Jazzland Dance Palais, officially closed in 1951, with its history and building lost to successive commercial and retail tenants for three generations since.

&ldquo;We&rsquo;re delighted to have secured such a prominent site for an exciting new residential development in the heart of Coolangatta, just a stone&rsquo;s throw from one of the Gold Coast&rsquo;s iconic beaches,&quot; Beck added.

&ldquo;We&rsquo;re now working closely with BDA&rsquo;s architects to ensure this project is welcomed by the local community for an innovative design that also pays tribute to a long-forgotten part of our history that delighted so many generations before us.&quot;

About the developer

Max began his career as a carpenter with a major Melbourne building group, Clements Langford, who built the landmark projects, Myer Emporium and the Spires on St Paul&rsquo;s Cathedral.&nbsp;

In 1976, Max established Becton, what was considered&nbsp;a respected and highly successful property development, construction and investment company that jump started his&nbsp;successes&nbsp;in the building and construction industries today.

Ben and Max are renowned for delivering a foray of quality and landmark developments in Sydney and Melbourne, including one of Australia&rsquo;s most important heritage building restorations in 333 Collins Street in Melbourne.

The double block totalling 2,355 sqm homes Jazzland, one of many jazz halls that popped up in Coolangatta in the late 1930’s, as well as a car park

Beckdev secure Coolangatta site, plan apartment tower

EXPERT INSIGHT

With the stamp duty waiver for purchases of Victorian residential property set to end on 30 June, the next fortnight may prove fruitful for investors considering their next purchase.

The Australian property market is continuing to grow at an unprecedented rate, with the latest data from CoreLogic showing national home values rising another 2.2% in May.

However, not every suburb in every city across the country will experience growth.

The question then, particularly for those looking to grow their property portfolios, is when do I buy, and where?

[smartcode_project:default project_id=600 project_image_fid=13472]

<h2>When do I buy?</h2>

Last November, the State Revenue Office Victoria initiated a land transfer duty waiver for purchases of Victorian residential property with a dutiable value of up to $1 million, and on 30 June, this incentive will end.

The waiver reduces stamp duty by as much as 50% for new residential properties - 25% for existing residential properties and vacant residential land. In other words, property investors stand to save up to $15,000 - and this is after other eligible benefits, such as the principal place of residence, and pensioner concessions, have been applied.

With some easing in the impact of government incentives, and Victoria being the only state with any such concessions available to investors, for Australians looking to diversify their property portfolios at a discount, the time to buy is now.

[smartcode_project:default project_id=5490 project_image_fid=78490]

<h2>Where do I buy?</h2>

Savvy investors purchase properties in locations where developers are out of sync with market demand.

In the face of significant and unpredictable lockdown measures, common sense might dictate that now is not the time to invest in Melbourne. After all, it fell six places in the 2021 Economist Intelligence Unit&rsquo;s Global Liveability Index, and according to a report by the Centre for Population, published in December, interstate migration out of Victoria is expected to grow as residents seek greater stability.

However, a strong investment is one built on strong data, and this data does not paint a complete picture.

There are select suburbs, even streets, in Melbourne where growth could be substantially greater than others.

Among these regions is Geelong. Unlike most other regional cities, Geelong is relatively close to a major capital city, being only a 90-minute drive to the Melbourne CBD.

[smartcode_project:default project_id=5559 project_image_fid=88241]

The planned Geelong Fast Rail will not only boost Geelong&rsquo;s transport infrastructure, but shorten the travel time into Melbourne, encouraging even greater numbers of city workers to take up residence in the region.&nbsp;In fact, the City of Greater Geelong is one of the fastest growing regions in Australia, with its population of 250,000 expected to swell to 350,000 by 2041.

Its unemployment rate (4.3%) is well below the national average (6.7%), and in the last five years alone, median house prices have risen over 46%.

Scott Kuru and Lianna Pan are&nbsp;Co-Founders of Freedom Property Investors

With the stamp duty waiver for purchases of Victorian residential property set to end on 30 June, the next fortnight may prove fruitful for investors

Melbourne real estate is ripe for investment: Freedom Property Investors

Birmingham, one of the boutique building&#39;s in Alexandria&#39;s Alex Collective in inner-Sydney, saw stellar sales at its launch at the weekend.

Around 40 per cent of the 46 apartments available sold through Colliers, with sales ranging from $770,000 to $2.1 million.

Owner-occupiers were the keenest of buyers, Colliers director of residential Daniel McMahon says.

&quot;Alex Collective&rsquo;s distinctive design features including intricate brick fa&ccedil;ade, large bay windows, environmentally-friendly features and recreational amenity have captured the attention of owner occupiers.

&nbsp;

[smartcode_project:default project_id=29785 project_image_fid=91611]

&quot;Buyers have recognised that alternative product in the market does not match the premium quality of Alex Collective&rsquo;s apartments.

&quot;Discerning purchasers are looking for a city-fringe apartment that is within easy reach of the CBD and also boasts a lifestyle that is social and active.

The apartments are part of The Birmingham, one of four apartments buildings that make up the 163-apartment development&nbsp;Alex Collective at 163-173 McEvoy Street, created in partnership between Ceerose and Alexa Development.

[smartcode_project:default project_id=29785 project_image_fid=91571]

Designed by architect Andrew Burns, The Birmingham features saw-tooth roofs, light wells and sky bridges.

McMahon says there&nbsp;is limited availability of quality apartments currently available for purchase around the city fringe.

&quot;Alexandria has always been a highly sought-after location with strong demand for warehouse style apartments in this historical industrial-aged location.

[smartcode_project:default project_id=29785 project_image_fid=91605]

&quot;Price growth in some areas of the suburb have witnessed a 15 per cent growth surge within the last 12 months, which will only continue with infrastructure investment that is planned in the area.

&nbsp;&ldquo;Projects that offer a high-quality product in tightly held locations, supported by developers and builders with a strong track record of delivering quality developments are achieving strong sales results. Ceerose has ticked all these boxes with Alex Collective, which is resulting in consistent sales each week.&quot;

The upper level residences in Birmingham will have views toward the city skyline, Sydney Park and Alexandria&#39;s streetscapes. There are a number of private courtyard apartments, oriented to the north to maximise sunlight.

Edward Doueihi, Managing Director of Ceerose, says Alex Collective links Alexandria&nbsp;across a century of change.

&quot;The boutique development will deliver beautiful tailor-made homes with an industrial spirit, created with discerning owner-occupiers in mind.

&quot;Ceerose aims to create a benchmark for Alexandria and leave a legacy for the suburb and future generations.&rdquo;

Owner-occupiers were the keenest of buyers, Colliers director of residential Daniel McMahon says

Birmingham, Alexandria apartments fly off the shelves at weekend launch

Nestled in the shade of the River Red Gums, Mason Quarter is an exclusive new community creating lifestyle opportunities in&nbsp;Wollert.

Delivered by Cedar WoodsThe community offers an&nbsp;opportunity to&nbsp;that suits any lifestyle in beautiful, natural surrounds, with a diverse range of home styles available.&nbsp;

Mason Quarter is a 64-hectare master planned community in Melbourne’s northern growth corridor, located only 25 kilometres from the CBD.

[smartcode_project:default project_id=99962 project_image_fid=160810]

The&nbsp;project incorporates around 800 dwellings, two schools, community facilities, a 7.9-hectare conservation reserve and over 30 distributed tree reserves with majestic river red gums.

The community is conveniently located within walking distance of the future Wollert town centre and there is a range of existing infrastructure and public amenity available nearby including the Hume Freeway, Metropolitan Ring Road, hospitals, shopping centres and public transport.

<a href="/developments/wollert-vic-3750">Enquire now at Urban</a>.

[smartcode_project_cta: project_id=99962]

Mason Quarter is a 64-hectare master planned community in Melbourne’s northern growth corridor, located only 25 kilometres from the CBD

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