ASX-listed developer <a href="https://www.apartments.com.au/developers/stockland">Stockland</a>&nbsp;is continuing its push back into the new apartment market, filing plans for a prominent gateway site between Collingwood and East Melbourne.

The development giant, which moved back into the new apartment space when it announced Stanton Place in Sydney's Rosebery and have since filed plans for a 50-storey tower, are jumping into the off the plan Melbourne market.

They are hoping to create a mixed-use neighbourhood precinct for <a href="https://www.apartments.com.au/new-apartments/79-81-victoria-parade-collingwood-vic-3066">79-81 Victoria Parade</a>, replacing an existing commercial building with a scheme by <a href="https://www.apartments.com.au/architects/john-wardle-architects">Wardle</a>&nbsp;for 478 apartments,&nbsp;ground-floor retail, new public open spaces and a publicly accessible pedestrian laneway.

<img alt="First look: Stockland plans new mixed-use neighbourhood precinct for Collingwood gateway site" data-entity-type="file" data-entity-uuid="72dbbca9-3918-4073-afad-a0c0c35be8e7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/stockland%20pers.png?VersionId=bzMVUKKxvwuNK1m0v_td126Rgct32uk_" />

The design report identifies the public realm as a central driver of the proposal.

"Collingwood has limited access to high-quality parks and public open space, and the proposal delivers valuable new areas for respite, social interaction and fine-grain retail activity."

The development would deliver a diverse mix of housing, including studio, one, two and three-bedroom apartments alongside townhouse-style residences. Two basement levels are proposed beneath the development, providing resident and retail parking as well as extensive bicycle facilities.

Wardle's design draws heavily on Collingwood's industrial character, using articulated building forms, brickwork and robust materials inspired by the suburb's warehouse and manufacturing heritage. The built form has been broken into a series of smaller volumes to better respond to the surrounding streetscape while extensive communal gardens, rooftop amenities and shared resident spaces are integrated throughout the project.

<img alt="First look: Stockland plans new mixed-use neighbourhood precinct for Collingwood gateway site" data-entity-type="file" data-entity-uuid="7b2135ed-65df-4253-ad53-f216f06bd467" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/stockland%20podium.png?VersionId=l1B6Hqn8zs772VxH6L1fDPg0KHshan9v" />

The planning documents describe the existing office building as offering little engagement with the public realm, with the redevelopment intended to create a more permeable and active neighbourhood destination.

"The proposed scheme presents a significant opportunity to deliver a vibrant retail plaza and a local neighbourhood hub serving both existing and future Collingwood residents."

The 79–81 Victoria Parade site occupies a strategic location about 1.5 kilometres east of Melbourne's CBD, at the threshold between Collingwood and East Melbourne. It is well served by tram services along Victoria Parade and sits within walking distance of St Vincent's Hospital, Fitzroy Gardens, the Fitzroy activity centre and a broad range of employment, retail and hospitality destinations.

Joel Robinson

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

An 1880s timber cottage that has survived Kangaroo Point's transformation from riverside suburb to high-density apartment precinct is set to become the centrepiece of <a href="https://www.apartments.com.au/developers/zephyr">Zephyr Group</a>'s proposed Banksia development.

Rather than see the locally heritage-listed Alpha Cottage as an obstacle to navigate, plans integrate the landmark home into a new 18-storey residential tower, giving one of the suburb's oldest surviving residences a new role as the project's communal hub.

The development application covers a 1,177 sqm amalgamated site at 127-133 Lambert Street and 30 Shafston Avenue, where Zephyr Group plans to deliver 64 apartments above three basement levels. Designed by <a href="https://www.apartments.com.au/architects/joe-adsett-architects">Joe Adsett Architects</a>, the proposal carefully weaves the retained heritage cottage into a contemporary residential scheme, with the tower elevated above the historic building to preserve its presence within the Lambert Street streetscape.

<img alt="First look: Zephyr Group's Banksia to wrap new Kangaroo Point tower around 1880s Alpha Cottage" data-entity-type="file" data-entity-uuid="f9dc5bdb-d691-4c60-bf2b-c3ed405a3e75" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Banksia.png?VersionId=Jh4bjlewU.o8HXWt0V4KaFA_lPcF7KWM" />

Named after the native Australian Banksia flower, the project draws inspiration from its distinctive form through curved balconies, sculpted planter boxes and cascading subtropical landscaping that soften the building's profile.

As the design report explains: "The tower's identity is defined by its feature facade, drawing direct inspiration from the Banksia wildflower. The building departs from traditional rigidity through the use of elegant, GRC-moulded planter boxes that appear as if shaped by the breeze."

Plans propose 64 apartments, comprising 32 two-bedroom and 32 three-bedroom residences, across an 18-storey tower. Residents would have access to rooftop amenities including a swimming pool, spa, gym, sauna, private cinema, dining spaces and landscaped recreation areas, while more than half the site is dedicated to planting and open space.

<img alt="First look: Zephyr Group's Banksia to wrap new Kangaroo Point tower around 1880s Alpha Cottage" data-entity-type="file" data-entity-uuid="16041b5f-033e-47fa-8fbe-9886e072c1f2" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/pool.png?VersionId=kpx5w4EbLx0_TdWfDoD1vrSs0_cZ5Ao1" />

The heritage component is the defining feature of the proposal. Constructed in the early 1880s and occupied from at least 1883, Alpha Cottage is recognised by Brisbane City Council as an important surviving example of Kangaroo Point's nineteenth-century residential development and as a representative transverse-gable timber cottage. Despite extensive redevelopment across the peninsula, the building has retained a high degree of its original form and internal fabric.

As part of the redevelopment, the cottage will be carefully relocated a short distance within its original allotment to facilitate construction before being returned to a prominent position along Lambert Street. Original verandah elements will be dismantled, catalogued and reinstated, while significant internal features, including timber flooring, wall linings, joinery, doors, windows and hardware, will be retained. Later additions, including the enclosed rear verandah, will be removed to better reveal the building's original form.

Once restored, Alpha Cottage will accommodate the building manager's office, mail room and parcel facilities, providing an active everyday use that supports its long-term conservation rather than preserving it as a static display. The heritage strategy also maintains landscaped space around the building, allowing it to remain visually distinct beneath the new tower.

<img alt="First look: Zephyr Group's Banksia to wrap new Kangaroo Point tower around 1880s Alpha Cottage" data-entity-type="file" data-entity-uuid="43b027e1-576e-4624-a66c-7cc54ea8b7be" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/banksia%20tower.png?VersionId=2W6E2yfkj2AQlWlLeV986grA5zB9f817" />

The Heritage Impact Assessment concludes that "the proposal secures the ongoing occupation, maintenance and conservation of Alpha Cottage," finding the development would result in "no more than a minor impact on the cultural heritage significance" of the building while ensuring its long-term future.

Joe Adsett Architects have designed the tower to sit above the heritage building rather than overwhelm it, creating a clear visual separation between old and new. The development's flowing balconies, integrated planting and organic façade respond to Brisbane's subtropical climate while complementing the restored cottage below.

Banksia occupies a prominent corner in Kangaroo Point within walking distance of the Kangaroo Point Bridge, Brisbane River, ferry services, QUT, the CBD and the Woolloongabba precinct. The site also benefits from direct access to active transport infrastructure and sits within an area earmarked for continued higher-density residential growth.

Zephyr Group's Banksia to wrap new Kangaroo Point tower around 1880s Alpha Cottage

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

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

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

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

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

Abadeen, PERIFA, top out Putney Wharf harbourfront precinct

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

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

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

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

Every First Home Owner Grant for new property by state

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

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

Staff Writer

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

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

alisonwarters@gmail.com

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

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

Ellen Walker

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

The national residential rental vacancy rate fell to 1.7% June down from 1.8% in the month prior, reflecting the lowest vacancy rate at the national level since May 2011.&nbsp;

Vacancy rates continue to fall for Sydney, Melbourne, Adelaide and Hobart, while some regional locations recorded a moderate rise in vacancies. 
&nbsp; 
The total number of vacancies Australia-wide now stands at 60,457 residential properties, down from 62,144 in May.&nbsp;

Melbourne&rsquo;s vacancy rate fell to 3.5% in June from 3.7% in May, while in Sydney vacancy rates dropped to 2.8% from 2.9%.&nbsp;

[smartcode_project:default project_id=3459 project_image_fid=147569]

SQM calculated vacancy rates fell again within the Melbourne CBD to 5.8%.

It also fell in the Sydney CBD to 5.6%.

Just a month prior the CBD vacancy rates sat at 8% in Melbourne, and in the Sydney CBD at 6.8%.

[smartcode_project:default project_id=7758 project_image_fid=79424]

Both CBD were seeing &quot;a return towards more-longer term levels,&quot; according to SQM&#39;s Louis Christopher.

The &nbsp;Melbourne CBD vacancy rates was at 8.3% in April.

Other capital city results saw Brisbane at at 1.3%.

In Adelaide, Canberra and Hobart, the June vacancy rate remained below 1%, while Perth (0.9%) and Darwin (0.4%) remained constant.&nbsp;

Darwin has been positively affected by Covid-19, as low vacancy rates continue to boost rents.&nbsp;

Melbourne’s June vacancy rate fell to 3.5% from 3.7% in May, while in Sydney vacancy rates dropped to 2.8% from 2.9%

jchancellor-FAypfDUnLy

Vacancy rates in recovery for Melbourne CBD landlord investors: SQM

New homes sales jumped around 15 per cent in June, according to the HIA New Home Sales report.

The data comes from a survey of the largest volume home builders in the five largest states.

Private new detached home sales rose by 14.8 per cent in June to 5,841.&nbsp;

Over the year to June, sales were 44.9 per cent higher than the previous year. 
&nbsp; 
&ldquo;The strength of new home sales nationally suggests that there will be a significant number of new homes entering the pipeline post HomeBuilder which will ensure activity remains elevated into 2022,&rdquo; HIA economist Angela Lillicrap said.

[smartcode_project:default project_id=99962 project_image_fid=160810]&nbsp;

While sales in the June 2021 quarter are below the levels experienced during the nine months of the HomeBuilder program they are stronger than the same quarter in 2019 and on par with the June 2018 quarter, which was a strong year for detached home building. 
&nbsp; 
&ldquo;Record low interest rates and confidence in the housing market are driving demand from owner occupiers. 
&nbsp; 
&ldquo;Strong house price growth is also a contributing factor,&quot; she said.

&quot;Households enter into a contract to build with the expectation that house prices will continue to grow and the property will be worth more when it is completed,&quot; she said. 
&nbsp; 
The strength in new home sales is not occurring evenly across the states. 
&nbsp; 
&ldquo;New home sales in New South Wales and Western Australia were over a third higher in the June 2021 quarter compared to the same time in 2019.&nbsp;

[smartcode_project:default project_id=95340 project_image_fid=160801]

Sales in Queensland were 4.4 per cent higher compared to the June 2019 quarter, while Victoria is flat (down by 0.1 per cent).&nbsp;

South Australia had the strongest response to HomeBuilder, but sales since the end of the program remain lower by 14.4 per cent compared to the June 2019 quarter. 
&nbsp; 
&ldquo;This strong volume of sales will continue to pull the national economy forward,&rdquo; concluded Ms Lillicrap.

No data was published by the HIA for multi-unit sales.&nbsp;

The HIA publish an annual Housing 100 Report which lists the nation&rsquo;s top residential builders.

Metricon Homes top the last published list with a total of 4,534 new home starts across Victoria, Queensland, New South Wales and South Australia.&nbsp;

Of these starts, 4,303 were detached houses and 170 were semi-detached dwellings,&rdquo; added Mr Reardon.

The second most active builder in 2019/20 &ndash; and the nation&rsquo;s largest apartment builder &ndash; Hutchies had 3,820 housing starts, followed by Multiplex with 3,486 starts.

Despite Covid, the 28th annual HIA&ndash;Colorbond&reg; steel Housing 100 Report 2019/20 survey showed that the number of new home starts by the nation&rsquo;s largest 100 builders increased from 67,694 to 69,459.

The strength in new home sales is not occurring evenly across the states

House and land package buyers expect to be ahead pricewise on construction completion:  HIA

Canvas is a boutique collection of 62 apartments in Melbourne's sought-after northern suburbs from property developers ID_Land.

The development of one, two and three-bedroom residences reinterprets the industrial regeneration of Brunswick with an industrial façade and a structural form.

Designed by Rothelowman and Hecker Guthrie, the development provides a sustainable living experience that culminates into a home for families, couples and individuals.

Urban recently sat down with ID_Land’s joint managing director Matthew Belford to discuss the project.

[smartcode_project:default project_id=29358 project_image_fid=85965]

MK: What are the highlights of Canvas and what is attracting buyers to the project?

MB: The architecture at Canvas is particularly striking; we engaged one of our most-trusted collaborators in Rothelowman to lead the design, and they have ensured the project will complement Barkly Street, its neighbouring buildings, and the area’s industrial heritage.

[smartcode_project:default project_id=29358 project_image_fid=85967]

Hecker Guthrie-designed interiors bring together neutral colour palettes and functional floorplans that appeal to a range of different buyer groups. Apartments are spacious and designed to be lived in, with a communal rooftop space for residents to enjoy as well.

One of the main pillars at Canvas is sustainability; the project is fossil fuel free, utilises solar power and greywater systems, has strong walkability and is close to public transport, so we are seeing a lot of interest from environmentally-conscious homebuyers.

The location of Canvas has also proven to be a strong drawcard so far – its status as a ‘Walker’s Paradise’ and its Walk Score of 97/100 means local parklands, public transport, bike paths, as well as the bars, restaurants, cafés and retail stores that make Brunswick so sought-after, are all within walking distance.

[smartcode_project:default project_id=29358 project_image_fid=85960]

MK: What was the design brief for Rothelowman?

MB: We wanted Canvas to reference and engage with the rich tapestry of built-form which has shaped Brunswick into the suburb it is today, with a sculptural façade and broad appeal to a range of residents – individuals, couples and families.

MK: Where have buyers come from, and who is the development appealing to?

MB: Many of the project’s buyers have come from the city’s inner ring, with the project features alongside the proximity to Brunswick driving strong interest from a mixture of younger buyers, first home buyers, and families.

[smartcode_project:default project_id=29358 project_image_fid=85962]

We have also seen strong interest from ‘right-sizers’ - those who have been looking for property for some time but haven’t managed to find the right fit closer to the sought-after inner ring lifestyle suburbs.

MK: What else does the Canvas community offer to residents?

MB: The project will have a rooftop residents’ amenity, with a 360-degree view of the Melbourne skyline alongside a kitchen and dining space, and a recreation lounge.”

[smartcode_project:default project_id=29358 project_image_fid=85966]

MK: Why did you choose Brunswick for your latest development?

MB: Brunswick is an area that our team knows well, having developed The Barkly townhouses in 2016 just down the road from Canvas – it’s also an area I’ve known for over 20 years, as I used to live and study in the area.

MK: Where is current buyer enquiry coming from?

MB: Enquiries are being driven largely by Melbourne locals, predominantly from the city’s inner ring suburbs, visiting the display suite.

[smartcode_project_cta: project_id=29358]

Urban recently sat down with ID_Land’s joint managing director Matthew Belford to discuss the project

max.kwok_55688

What buyers need to know about Canvas at Brunswick: Urban chats with ID_Land's Matthew Belford

Newport Village a new residential offering in Melbourne&rsquo;s South Kingsville, boasting up to $20,000 off two and three-bedroom apartments thanks to a developer bonus.

Developed by Land Real, buyers of two and three-bedroom residences can save up to $30,000 when combined with first home buyer government grants.

The exclusive collection of 273 luxury dwellings on Blackshaws Road feature tacticle, sensory and robust materials.

[smartcode_project:default project_id=5449 project_image_fid=161847]

The interiors have been curated by SJB Architects, boasting a highly functional urban living experience, as well as green spaces and cascading gardens for wellness.

Many floorplans feature open-plan living and dining areas, with a contemporary kitchen and bathroom designed with textural stone.

[smartcode_project:default project_id=5449 project_image_fid=161853]

Generous ceiling heights and wide expanses take advantage of natural light, flowing into the large private outdoor balcony spaces in each residence.

&ldquo;An intimate neighbourhood and community feel are partnered with privacy and security for each resident&rdquo;, the project marketing reads.

[smartcode_project:default project_id=5449 project_image_fid=161852]

The home is located close by Williamstown Beach, Newport Wetlands and parks, and is only seven kilometres from the Melbourne CBD.

The apartment is part of one of the largest single residential solar systems in Victoria with a system size of &gt;200kWp.

[smartcode_project:default project_id=5449 project_image_fid=161848]

Other environmentally-conscious design elements include high water efficiency fittings and fixtures and best-practice waste management.

The developer bonus on offer from Land Real is only available for a limited amount of time.

[smartcode_project_cta: project_id=5449]

Developed by Land Real, buyers of two and three-bedroom residences at Newport Village can save up to $30,000 when combined with first home buyer government grants

Save up to $20,000 at inner-Melbourne’s latest residential addition, Newport Village in South Kingsville

Melbourne is expected to see prices continue to rise as unmet future residential demand shifts to emerging areas around the CBD.

With an upswing expected later this year as investor interest in the Victorian property market rises, buyers who get in early will be rewarded with competitive prices on off-the-plan residences.

Urban takes a look at the top four Melbourne apartments marketed as investor-friendly properties.

1. R.Iconic, South Melbourne 
Developer: R.Corporation 
One-bedroom apartments from $506,500

[smartcode_project:default project_id=5234 project_image_fid=167355]

Set on a rare island site with prime park frontage, R.Iconic has been labelled a great investment opportunity by its developers.

Apartments at the South Melbourne building are guaranteed to secure five per cent net annual return for four years, thanks to its great location in a high-growth Melbourne precinct.

&ldquo;The Emergence of South Melbourne&rsquo;s Montague precinct provides a generational opportunity to secure a new CBD quality apartment at an exceptional price that simply can no longer be delivered in the CBD&rdquo;, the developers have said.

[smartcode_project:default project_id=5234 project_image_fid=84282]

Investors will also enjoy knowing that R.Iconic residences boast deposits as low as $20,000, making it easy to invest in a project redefining inner-city Melbourne living.

Expected to reach completion in mid-2022, the building showcases one, two and three-bedroom apartment configurations and 38 world-class resident-only amenities.

Focusing on natural surroundings, wellbeing, fitness, entertaining and technology, R.Iconic has double the amenities of any project of its type.

2. Hawthorn Park, Hawthorn East 
Developer: Dahua Group 
One-bedroom apartments from $609,000

[smartcode_project:default project_id=3730 project_image_fid=35252]

Hawthorn Park is a sophisticated residential mid-rise that is strategically located amongst Hawthorn East&rsquo;s several transport, education, lifestyle and amenity offerings.

According to the DHHS, apartments in Hawthorn East have registered median rental growth of 4.2% per annum for one-bedroom apartments in the ten-year period to March 2021, in spite of the continued impacts of the coronavirus pandemic.

&ldquo;Looking forward, high demand driven by the catchment&rsquo;s proximity to education, transport and amenity, coupled with the ongoing growth of the renal market, is likely to attract market interest from interstate and overseas investors&rdquo;, the developers said.

[smartcode_project:default project_id=3730 project_image_fid=30658]

Residents will enjoy the property&rsquo;s landscaped green spaces and parks that feature fruit and vegetable gardens for dwellers to grow their own produce.

The project also features a sky boardwalk, splash pool, sky lounge, massage suites and fully-equipped gym.

3. Voyager, Docklands 
Developer: Mirvac 
Two-bedroom apartments from $706,500

[smartcode_project:default project_id=3494 project_image_fid=90814]

Docklands is continuing to develop as a place where people choose to live, work and visit, becoming the country&rsquo;s largest construction project.

Mirvac&rsquo;s Voyager at Yarra&rsquo;s Edge delivers a range of one, two and three-bedroom apartments across 43 levels.

According to the developers, &ldquo;[a]stute investors in Voyager will see opportunity in purchasing within the already established Yarra&rsquo;s Edge community.&rdquo;

Contemporary apartments and a number of resident-only amenities has encouraged investors to purchase into the development.

[smartcode_project:default project_id=3494 project_image_fid=89724]

Facilities include a resident sky deck, dining room and bar, hanging gardens, 270-degree skyline views and a cinema and karaoke room.

The rental market for Docklands is strong with median rents for two-bedroom apartments higher than across Greater Melbourne at $465 and $385 per week, respectively, according to SQM Research.

4. Ryrie Home, Geelong 
Developer: Franz&eacute; Developments 
One-bedroom apartments from $375,000

[smartcode_project:default project_id=5559 project_image_fid=88241]

Although not in Melbourne, local and interstate investors are flocking to coastal investments thanks to a shift in lifestyle for many city-dwellers.

Population growth is always a key driver for increased demand in the residential market and thanks to a population growth forecast at 3.14 per cent per annum, the demand for housing in Geelong will yield consistent returns.

&ldquo;The median sale price for apartments in Geelong has grown significantly, on average 10 per cent per annum over three years, this suggests strong capital growth returns&rdquo;, the project marketing stated.

[smartcode_project:default project_id=5559 project_image_fid=88244]

As the fastest-growing regional city in Australia, Ryrie Home delivers investors the pleasure of owning a beautiful apartment for an affordable price.

Each apartment boasts secure basement car parking and storage units, as well as access to hotel amenities, commercial retail and views across Corio Bay and the Botanical Gardens.

Melbourne is expected to see prices continue to rise as unmet future residential demand shifts to emerging areas around the CBD

The top four Melbourne apartments marketed as investor-friendly properties 

When residents arrive at The Inc, they are welcomed into a vibrant and diverse community within one of Melbourne&rsquo;s best-connected suburbs.

&ldquo;Caulfield North is home to one of Australia&rsquo;s largest multicultural communities, whose traditions and culture can be felt in the village atmosphere&rdquo;, the project marketing team shared.

&ldquo;A short drive from home will place you at Caulfield Park or amongst the melting pot of cafes, restaurants, specialty grocers, bars and boutiques on Carlisle Street, High Street or Glenferrie Road.&rdquo;

[smartcode_project:default project_id=95292 project_image_fid=159008]

The Inc is the latest development being delivered by Red Collective in collaboration with Platinum.

Ewert Leaf-designed apartments are offered in two and three-bedroom configurations, proving popular with buyers looking for luxurious oversized residences.

Situated at Inkerman Road, the development is set amongst the leafy streets and verdant greenery that define Melbourne&rsquo;s south.

[smartcode_project:default project_id=95292 project_image_fid=161031]

The architecturally designed building boasts a monochromatic palette that is brought to life by the vibrant autumnal organs of maple and pear trees curated by landscape architect John Patrick Architects.

Beyond the staggered evergreen trees providing full canopies of shade is the picturesque Caulfield Park, featuring opportunities to explore, exercise, socialise and unwind.

[smartcode_project:default project_id=95292 project_image_fid=159006]

Perfect for entertaining friends or young children, the local icon includes playgrounds, sporting fields, running tracks and lakeside picnic shelters.

Boasting some of the city&rsquo;s finest dining and shopping destinations, Caulfield North is moments from galleries, antiques and chic clothing stores.

[smartcode_project:default project_id=95292 project_image_fid=159003]

Highly-regarded schools and universities are also close to home. Melbourne Grammar School, Caulfield Grammar School, and Caulfield Junior College are all situated within walking distance, while Monash University is only a short tram ride away.

At the Inc, everything is within easy reach.

[smartcode_project_cta: project_id=95292]

When residents arrive at The Inc, they are welcomed into a vibrant and diverse community within one of Melbourne’s best-connected suburbs

What's within walking distance from The Inc?

Macroprudential measures are likely to feature in the property market cycle, according to Pete Wargent, co-founder of BuyersBuyers.com.au. 
&nbsp; 
&ldquo;Although there are a lot of variables, property investors should be aware that if activity accelerates sharply then the market regulator is quite likely to step in,&quot; the buyers&#39; agent said.

&quot;We recommend that investors prepare accordingly&rdquo; Mr Wargent said, adding the timing and extent of measures are unknown.

Wargent said investors need to be aware of the potential for changes to lending standards.

&quot;It will be substantially harder to get a loan,&quot; he said.

[smartcode_project:default project_id=3260 project_image_fid=62343] 
&nbsp; 
&quot;We know from recent history that the regulators won&rsquo;t want investor lending to run too hot, so it makes sense for investors to prepare accordingly rather than be surprised by restrictions as and when they do happen&rdquo;. 
&nbsp; 
Doron Peleg, CEO of Riskwise Property agreed that macroprudential tightening was a likelihood during the current cycle, as low mortgage rates encourage a surge in property investment. 
&nbsp; 
&ldquo;Based on our analysis and previous events (particularly the measures implemented in 2017), the likelihood that such measures will be implemented within the next 12 months is relatively high&rdquo; Mr Peleg said. 
&nbsp; 
However, Peleg pointed out that at this point of time there are only indications regarding the nature of these measures being a combination of:&nbsp; 
&nbsp; 
-changes to the &#39;floor assessment&#39; rate at the individual loan level; 
&nbsp; 
- LVR restrictions or caps at the portfolio level 
&nbsp; 
-potential debt-to-income (DTI) ratio restrictions at the portfolio level.&nbsp; 
&nbsp;&nbsp; 
&ldquo;Since recent cycles have suggested that property investor activity tends to amplify the property market cycles, it is likely that credit restrictions would significantly stymy growth, if not cause the market to stall or decline moderately&rdquo; Mr Peleg said.

[smartcode_project:default project_id=5490 project_image_fid=78497]

BuyersBuyers.com.au, an IT marketplace connecting homebuyers with buyer&rsquo;s agents, was co-founded by chief executive Doron Peleg and chief operating officer Pete Wargent.

Peter Meek, formerly managing director of Chobani holds a board advisory role.

The board announced the completion of its Series A funding round which will help the the platform&#39;s leveraging Artificial Intelligence (AI) and Machine Learning (ML).

Crevan Murphy of tech firm SafetyCulture and will assist with advisory on technology and product development.

The investment round was led by George Barnett of Atlassian.

Pete Wargent of BuyersBuyers.com.au said the regulators won’t want investor lending to run too hot

Property investors should prepare for macroprudential measures: Pete Wargent

A two bedroom Surry Hills apartment fetched $1.555 million at its online weekend auction.

It was set on level three of the Foveaux Apartments at 301/81 Foveaux Street (pictured).&nbsp;

The apartment was designed by Adam Haddow of SJB with tailored interiors by Iain Halliday of BKH with bold colours, timber floors, floor to ceiling glass and high ceilings.

It comes with banquette dining and custom kitchen joinery with indoor-outdoor living with a Northern aspect.

It comes with a car space and basement storage in the development featuring 53 residential apartments and four retail shops.

[smartcode_project:default project_id=7363]

The apartment and balcony total 90sqm, with 110sqm including car space and storage

Its quarterly strata levies sit at $1,766.

It was sold by Dean Applegate at Laing &amp; Simmons having first sold at $1,265,000 in 2014.

It was shortly after $17.6 million development approval was given for the Legion Cabs site.

Some 44 of 53 apartments in The Foveaux sold at its September 2014 launch by former fashion boss Danny Avidan and his development partner Rafi Asouline.

They bought the 1370sq m site in 2013 at a heated auction for $18 million.

Unit prices in the five-level building start from $700,000 for a one bedroom, $995,000 for a two-bedroom and $1.5 million for a three-bedder.

It was expected to be completed in 2016, but settlements were in May 2017.

Sydney saw 172 weekend auction apartment results with a 74 percent success rate for its apartments and townhouse listings.

Nationally there were 468 results across all the capital cities with a 68 percent success rate and a $750,000 apartment median price.

The two bedroom apartment is positioned on level three of the Foveaux Apartments designed by Adam Haddow of SJB 

SJB-designed Surry Hills offering tops Sydney weekend apartment sales

From Tuesday 13 July 2021 you must wear a fitted face mask when you are in an indoor area of common property in a Sydney residential apartment building.

It covers strata titled, community titled and company titled complex.

Residents do not need to wear a mask inside their apartment.

It comes as a block of 29 apartments in Sydney's east has seen a covid breakout within five apartments in the complex.

The common areas where you must wear a mask include: 

a shared foyer or lobby of an apartment block; the lifts, stairwells and corridors and shared laundry facilities.

Masks must be worn by anyone entering including residents and visitors, building managers, concierge staff and cleaners.

Masks must also be worn by people providing goods and services including tradespeople and contractors along with people delivering food, mail and parcels. 

From Tuesday 13 July 2021 you must wear a fitted face mask when you are in an indoor area of common property in a Sydney residential building 

Masks compulsory from July 13 on Sydney apartment common property

A freestanding townhouse at McKinnon in Melbourne&#39;s south east was the top weekend auction listing.

There was a pre-auction $2.16 million sale of the four bedroom, three bathroom townhouse at 33 Windsor Avenue (pictured) through Buxton.

It was snapped up in just 15 days, forcing would-be buyers into a hasty decision as to whether to compete for the offering which had been listed with $2 million to $2,075,000 price guidance.&nbsp;

The next priciest sale was $1,951,000 for a beachfront townhouse at 6A Wallum Road, Edithvale which came with a $1.85 million to $1.95 million price guide through Buxton. It had traded at $1.2 million in 2010.

The McKinnon sale offering marketed the home as &quot;in the heart of the McKinnon College zone and within a walk of McKinnon&rsquo;s latte strip and station.&quot;

<a href="/developments/melbourne-vic?source_news_article_id=105811&amp;ref=news_body_link"><img alt="" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/melb_cbd_tile_2.jpg" style="width: 720px; height: 480px;" /></a>

The townhouse was designed by Pink Architecture and constructed by boutique builders, PMC Group.&nbsp;

It had four bedrooms plus home-office along with 3.5 bathrooms.

Its first-floor master-domain came with dual-vanity ensuite.

The suburbs sees the MCKN apartment project nearing its late 2021 completion.

It too is in the McKinnon Secondary Zone.

[smartcode_project:default project_id=4939]

DealCorp&#39;s MCKN has five levels with 41 apartments and a streetside cafe below, with a design by Ritz &amp; Ghougassian.

Prices of available two bedroom apartments start at $755,000.

The Chadstone and Southland Shopping Centres are a 10 minute drive.

Melbourne auction vendors secured a 66 percent success rate from the 264 results of its apartment and townhouse listings.

Melbourne&#39;s prior weekend saw 285 results with a steady 66 percent success rate with a $670,000 median apartment price with the top townhouse sale being a four bedroom offering at 199A Beach Rd, Mordialloc which fetched $2.35 million.

Sydney saw 172 results with a 74 percent success rate.

Nationally there were 468 results across all the capital cities with a 68 percent success rate and a $750,000 median price.

The McKinnon townhouse fetched $2.16 million

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