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?

DealCorp&#39;s latest development, well on it&#39;s way to completion in the coming months MCKN, is an homage to the suburb in which it&nbsp;resides,&nbsp;McKinnon.

Known as a expansive family&nbsp;suburb, MCKN offers all sorts of amenities&nbsp;needed for every family with&nbsp;spacious open plan living areas that extend&nbsp;to outdoor balconies and&nbsp;terraces.

It is the combined effort of DealCorp,&nbsp;local builder Hamilton Marino and&nbsp;architectural firm Ritz &amp; Ghougassian who led the design on the facade and interiors.

Urban narrowed it down to just six things we love about MCKN:

[smartcode_project:default project_id=4939 project_image_fid=152593]

<h2>1. Developed by the award winning DealCorp</h2>

Dealcorp are based in Melbourne and began in 1984, completing over 50 projects in that time. They are specialists in private property development and investment within the retail, residential and commercial sectors.

Their portfolio includes award-winning masterplan communities in Bundoora and top-end penthouse towers in South Yarra. Some of their most recent projects include&nbsp;Eclipse Townhouses&nbsp;at Polaris 3083, Plenty Road, Bundoora, a collection of 19 dual-level townhouses and&nbsp;The Residences&nbsp;at Glenarm Square in Glen Iris.

Projects in the works include Nova, Polaris in Bundoora and 4248,&nbsp;located in South Yarra.

[smartcode_project:default project_id=4939 project_image_fid=152662]

<h2>2. Designed by the up and coming Ritz &amp; Ghougassian</h2>

Ritz &amp; Ghougassian established their architecture and interior design practice in 2015.

Located in Melbourne, they described their focus as, &quot;primarily on the user experience and ones relationship to the built environment through an interiorised lens. Working across both public and private sectors a collaborative process ensures their work is considered and resolved.&quot;

Once completed&nbsp;the boutique development will stand five levels tall and home to&nbsp;41 spacious apartments.

Other projects they have worked on include&nbsp;Musk Creek in&nbsp;Flinders, Bentwood in&nbsp;Fitzroy, Penta in Elsternwick and Higbury Grove in Prahran.

[smartcode_project:default project_id=4939 project_image_fid=152593]

<h2>3. Constructed by leading local builder Hamilton Marino</h2>

Established in 1975, Hamilton Marino Builders is an experienced and dynamic multi-level apartment and commercial construction company.

In their statement they said, &quot;Our &lsquo;value-added&rsquo; operational model and reputation built on providing expertise, quality and certainty, has made us an innovative industry leader. With a multitude of projects in feasibility, planning, construction and post-contract phase at any point in time, we have a wealth of current market knowledge available.&quot;

They have established offices in Sydney and Melbourne and have completed projects in other states and countries including Queensland, South Australia and New Zealand.

Hamilton Marino have also worked&nbsp;on 4248 with DealCorp which was completed late last year.

[smartcode_project:default project_id=4939 project_image_fid=152596]

<h2>4. Stroll the streets and parklands</h2>

Located a stroll from the nearby Bayside beaches, MCKN&nbsp;is surrounded by 14 hectares of open parkland, yet set primarily in the heart of McKinnon from its&nbsp;Jasper Road&nbsp;location.

Thoroughly enjoy the nearby parks and walking reserves like Joyce Park, McKinnon Reserve and&nbsp;Wattle Grove. Almost every park is&nbsp;equipped with playground equipment or even a sporting field like the nearby St Pauls Junior Football Club.

MCKN&nbsp;is in&nbsp;the encatchment&nbsp;for McKinnon Secondary College, which is only a five-minute walk away.&nbsp;Less than a kilometre away are&nbsp;St Kevin&#39;s School, Glen Orme Avenue, Mckinnon Primary School and Ormond Primary School.

The nearest train station is&nbsp;just 500 metres from MCKN, putting&nbsp;Chadstone&nbsp;and Southland Shopping Centres just minutes away. &nbsp;

[smartcode_project:default project_id=4939 project_image_fid=152584]

<h2>5. Discover local delights</h2>

Partake in the ground floor retail facilities set to host a cafe upon completion of MCKN.

Indulge in&nbsp;local dining options&nbsp;like the Allora Cucina, Mr Burch, McKinnon Village Bakery, Cafe @ 150 and more all on&nbsp;McKinnon Road, the first intersection off 236&nbsp;Jasper Road,&nbsp;the home of MCKN.

Residents can enjoy their night&nbsp;out at local bars/pubs like the Roo Baa, Mckinnon Hotel, Sonder Bar, OnTop Bar and Boundary Hotel, all less than a 10 minute drive away.

[smartcode_project:default project_id=4939 project_image_fid=152578]

<h2>6. The boutique design details</h2>

MCKN apartments feature&nbsp;stone benchtops, 2pac joinery, platinum-toned fixtures and Smeg appliances fitted in the kitchen, as well as&nbsp;spacious open plan living areas that extend&nbsp;to outdoor balconies and&nbsp;terraces.

Bathrooms feature&nbsp;large format stone tiles, a minimalist walk-in shower, floating vanity and concealed cistern toilet.

Residents will enjoy storage space and a practical floorplan, which offers flexibility to suit all lifestyles due to it&#39;s open plan nature.

The development offers all sorts of amenities&nbsp;needed for every family with&nbsp;spacious open plan living areas that extend&nbsp;to outdoor balconies and&nbsp;terraces.

MCKN is the combined effort of DealCorp, local builder Hamilton Marino and architectural firm Ritz & Ghougassian who led the design on the facade and interiors.

jordan_55689

Six things Urban love about DealCorp's MCKN apartments in McKinnon

Victorian developer Moremac has sold 300 lots at their Donnybrook estate, Kinbrook in the first six months of 2021.

It represented a record number across its&nbsp;Victorian portfolio, highlighting unprecedented demand for greenfield spaces.

Located in Melbourne&rsquo;s north, Kinbrook&rsquo;s highest selling month this year was&nbsp;April.

It saw two lots purchased per day on average, at a time when the Home Builder stimulus package had wrapped up and as new home sales halved across Australia.

Kinbrook offers entry-level and first home packages within The Glide precinct of the estate, and second home options within the southern Lavender Rain pocket.

Lots within Lavender Rain are larger in size - ranging in size between 350 and 643 square metres.

[smartcode_project:default project_id=24745]

Nalin Sharma purchased his first block of land at Kinbrook in May - with more space, high connectivity and true value for money attracting him to the area.

Working in sales and travelling frequently across Victoria including Geelong, Dandenong and Melbourne CBD, Nalin said that access to the freeway was a primary consideration for the decision to buy in Kinbrook.

&ldquo;Other developments were positioned further back into the suburb, but the land we&rsquo;ve purchased is 200 metres from Donnybrook Rd which leads onto the freeway in minutes,&rdquo; said Nalin.

&ldquo;We were also really impressed with the estate&rsquo;s masterplan and vision for what&rsquo;s to come, including open spaces and parks at the back of the estate and upcoming schools.&rdquo; &ldquo;We have a two-year-old son, so by the time he is enrolled, we will have plenty of options in walking distance for him to go to,&rdquo; he said.

Kinbrook is set to commence work on a community park in the coming weeks, with public primary and secondary schools due within the next 18 months.

Meanwhile Mirvac is seeing sales at its recent masterplanned community at Donnybrook, its 465-hectare Olivine estate.

Olivine already has 200 plus residents, across 85 homes, with 11,000 residents once completed. For a time last year around 70% of sales were to first home buyers.

The 465-hectare Olivine community will comprise in excess of 4,000 lots with 120-hectares of land dedicated to open space and conservation.

Olivine is set to get a 9ha sporting precinct including dog park and skate park, Hayes Hill State Government primary school and a future local town centre featuring 10,000 sqm of retail and 5,500 sqm of commercial space anchored by a town plaza.

Kinbrook offers entry-level and first home packages within The Glide precinct of the estate

jchancellor

Donnybrook, Kinbrook sees 300 housing lot sales in 2021

The Seven Group media heir Ryan Stokes is set to develop an apartment block on his recently acquired double block on Gold Coast’s Palm Beach.

Stokes, managing director and&nbsp;chief executive of Seven Group Holdings which his father Kerry Stokes founded in 1991, recently doubled the size of his Jefferson Lane holding, paying $4,625,000 for a holiday home on 406 sqm. That gave him a total of 814 sqm. Stokes spent $3,375,000 on a four bedroom home on 408 sqm next door in 2016.

And now Stokes has lodged plans for&nbsp;Akuna, a boutique block of just 13 apartments designed by the Brisbane-based Modulus Architecture at 39-41 Jefferson Lane, Palm Beach.

Akuna, which derives from the Aboriginal word meaning “flowing&nbsp;water," will span&nbsp;nine levels and&nbsp;comprise nine three bedroom apartments and four four bedroom apartments.

<img alt="" data-entity-type="" data-entity-uuid="" height="852" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/akuna_5.jpg" width="1200" />

One of the three beds will sit on the ground floor, next to the ground level resident amenity of a gym, lap pool, spa and communal rec space.

The four levels above will have two apartments per floor until level six. From there there will be four single level apartments, the four bedders, which span over 265 sqm.

Crowning the apartment development is another resident amenity level, featuring a mother pool, sun deck, built-in barbecue space and external dining space.

There will be 34 parking spaces across the two basement level garaging, and bicycle parking for 17.

The development is oriented toward the vistas of Surfers Paradise, Coolangatta and the Gold Coast Hinterland.&nbsp;

<a href="/developments/gold-coast-qld?source_news_article_id=103357&amp;ref=news_body_link"><img alt="" data-entity-type="" data-entity-uuid="" height="797" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/gc_newest_tile_jpeg_15.jpg" width="1200" /></a>

“Apartments have been designed with sub-tropical Queensland living in mind, providing expansive living zones opening out to external balconies whilst offering zones for relaxation and privacy,” the design statement submitted to the Gold Coast City Council by Modulus Architecture notes.

“Externally,&nbsp;Akuna&nbsp;is articulated with a series of balconies and façade breaks to develop an architectural language that speaks to the origin of the development’s name;&nbsp;Akuna&nbsp;meaning flowing water.&nbsp;

“Linear elements roll and curl along the facade, in the same way as a wave curls before breaking on the shoreline. A refined palette of materials references Queensland coastal vernacular, composed of linear timber boards, flowing concrete forms and ornate fenestration.&nbsp;

“Contextually, the development is conveniently located within proximity to a range of retail, restaurant and wellness facilities, providing residents with an increased level of amenity.”

<img alt="" data-entity-type="" data-entity-uuid="" height="726" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/akuna_2.jpg" width="1200" />

Architectural Design Statement

Architectural Design&nbsp;

Taking inspiration from the curls of a breaking wave,&nbsp;Akuna’s sculptural form evokes a sense of fluidity and calm. Concrete upstands bend and curve their way around each articulated floor plate and terminate much like a wave crashing back into the ocean. Each floor level is articulated with a series of breaks and extensions that mirror the effect of natural resonance. Pushing in and out to provide balconies and quiet moments to view the magnificent coastline.&nbsp;

Built Form&nbsp;

The sculptural form appears to float over the street level but seamlessly integrate with the natural surroundings along the beach front.&nbsp;Akuna&nbsp;is study in horizontality, broken by finite vertical elements. Slab extensions and breaks are positioned so as to provide glimpses to the water but provide privacy to neighbouring sites. Setbacks are considered with the view to reduce overlooking. Rear setbacks to balconies are calculated from the Sea Wall A-Line, with the street front setbacks exceeding four metres to the bulk form of the building. Elegant curves wrap and fold around the façade whilst providing a level of protection to the apartments from the afternoon sun. Bedrooms and living spaces are positioned to capture vistas north to Surfer’s Paradise and south to Coolangatta. Noting the 29m height limit,&nbsp;Akuna&nbsp;looks to maximise its coastal outlook by providing a series of elevated roof zones which follow the natural contour of the ground. All 9 levels are contained within the stated 29m height limit.

<img alt="" data-entity-type="" data-entity-uuid="" height="725" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/akuna_3.jpg" width="1200" />

Urban Design Intent&nbsp;

Akuna&nbsp;looks to provide a complementary and respectful design outcome to the developing and vivacious Palm Beach locale. A secure lobby entry is provided on grade from the street level, providing a central point for the collection of mail and meeting of guests. Flanked by lush sub-tropical gardens, a private access stair is provided for the ground level unit. Communal recreation facilities are provided on the ground level, allowing for a series of internal and external recreation activities to take place. Direct connection to the beachfront boundary on grade provides resident’s and their guests the opportunity to access the beach or enjoy the coastal vista from the privacy of their outdoor terrace. A pool and sculptural planting creates an increased level of activation to the street and provides the opportunity for passive surveillance to the public footpath and street face to the north of the site. Car &amp; bicycle parking is contained within the basement zone, providing four visitor carparks accessible from the street, and an additional 30 residential carparks secured behind an access controlled gate. Bicycles are located within the basement, with a collection of visitor bicycles located on grade adjacent the lobby.&nbsp;

Materiality&nbsp;

A refined palette of carefully selected materials envelope the elegantly winged floorplates; profiled concrete provides a reference to the striations of shells, whilst the battened façade screens allude to the natural tones and colours of found items along the shoreline. Clear glazing is interwoven with timber boards to add contrast and texture to the adjacent smooth concrete ‘curls’

Akuna, which derives from the Aboriginal word meaning “flowing water," will span nine levels and have 13 apartments


Seven boss Ryan Stokes lodges plans for Palm Beach apartment development Akuna

The top reported sale on the Gold Coast last week was an off the plan deal in the Coast, Surfers Paradise project.

The $3.933 million sale was secured by Highland Project Marketing.

The half floor 601/43 Garfield Terrace offering has 206 sqm and 92 sqm external space.

It is in the Sammut Group project designed by PBD Architects which hit the market recently.

The project is being marketed as offering a 6-star resort style lifestyle, in an absolute beachfront location.

The tower&rsquo;s 43 luxury apartment include 36 half-floor villas between levels 3 to 20, two double-storey &ldquo;sky homes&rdquo;, 10 full-floor sub-penthouses and a penthouse from level 33 to 35.

<a href="/developments/gold-coast-qld?source_news_article_id=103354&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_17.jpg" width="1200" /></a>

Te penthouse comes with 4 master bedrooms with ensuites &amp; walk-in robes, plus a 5th bedroom/study, gourmet kitchen, butler&rsquo;s pantry, expansive living and dining zone, and rooftop alfresco area with private pool.

The 601 sale is the first contracted sale with its price details officially released by the Sutherland Shire, Sydney-based Sammut Group which quickly secured $110m in conditional sales within its ultra-luxury development after submitting the development application last month.

More than half of the 43 beachfront apartments were optioned with a $50,000 holding deposit which will be converted to contracts requiring a 10 per cent deposit.

The contracts will be subject to council approval, which is expected &quot;before Christmas.&quot;

The sales have ranged from $3.5m to $9m at an average of more than $4.5m.&nbsp;

No more than two apartments will be on each floor in what will be the first luxury tower built in central Surfers Paradise since Jade was completed around 15 years ago.

Co-founded in 1993 by brothers John and Allen, Sammut Group follows the vision of their father Paul Sammut, who built over 200 prestigious homes and developments throughout New South Wales.

Half floor offerings have become popular at Surfers Paradise.

Shoreline has half floor three bedroom apartments priced from $1.15 million to $1.8 million.

It has 27 apartments over 17 levels by Marquee Development Partners just across the road from the beach.

One Cannes had a limited number of half floor apartments, set north facing on a premium bend of the Main River.

The project is by Marquee Development Partners.

[smartcode_project:default project_id=97810 project_image_fid=159844]

The top reported sale on the Gold Coast last week was a half floor $3.933 million Coast, Surfers Paradise off the plan sale

Half floor $3.933 million Coast, Surfers Paradise off the plan sale tops Gold Coast sales

The priciest resale apartment listing since completion of South Yarra&#39;s Capitol Grand, known by many as LK Tower after its developer, has hit the market.

It is a 45th floor apartment in the Bates Smart complex on Chapel Street.

It has separate wings, with one devoted to the main suite, the second wing offering the flexibility of two further bedrooms or a guest suite and home office/study.

The apartment, officially known as 4501/1 Almeida Crescent, is for sale by expression of interest.

There is an indicative selling price of $9.2 million to $9.75 million through Andrew Sahhar at Kay &amp; Burton.

It first sold off the plan in 2018 at $9.2 million.

There is an asking price of&nbsp;$20,400,000 for&nbsp;unit 4701 in the Capitol Grand.

South Yarra continues to offer luxury off the plan purchasing opportunities including 661 Chapel.

[smartcode_project:default project_id=600 project_image_fid=13472]

Earlier this year there was a $17 million penthouse sale at 661 Chapel Street through Burtons estate agent Taylor Dow.

A local resident bought the penthouse that crowns the 126 apartment, 30-storey apartment tower by Malaysia-based developer Gamuda Land.

The 720-square-metre penthouse is across three full floors.

It sold as an empty shell allowing the new owner to customise the fit-out.

[smartcode_project:default project_id=600 project_image_fid=94632]

Gamuda Land&#39;s $134 million project was its first in Australia.

South Yarra&#39;s previous penthouse sales include a $16 million apartment at the top of Beulah International&#39;s Fawkner House project opposite Fawkner Park.

The $50 million penthouse atop the Capitol Grand high-rise on the corner of Chapel Street and Toorak Road was retained by its developer, Larry Kestelman.

In 2019 the South Yarra penthouse of developer Michael Fox sold for $9.12 million in the 2015-built Central South Yarra block that he built.&nbsp;

The 30-level, 367-apartment block was designed by Rothelowman in collaboration with Plus Architecture.

[smartcode_project:default project_id=600 project_image_fid=94605]

There&#39;s been a long pause on the 402-416 Chapel Street island site, which since 2015 has been set to be a 12 level mixed-use development holding 75 metres of frontage to Chapel Street and bound by Simmons Street, Bray Street and Grey Street.&nbsp;

The design the Fried Spotlight family was by Plus Architecture.

In 2016 there were plans for a $120 million Aloft Hotel on the site.

There&#39;s a project in the works at the flagship Jam Factory, which will be redeveloped under a new partnership between Newmark Capital, Gurner and Qualitas.

The new plans for a mixed-use precinct comes with an expected end value of about $1.4 billion.

Franze Developments remains in planning with their site at 430-438 Chapel St, the site known through past decades as the Chapel Street Huts.

[smartcode_project_cta: project_id=600]

The $50 million penthouse atop the Capitol Grand high-rise has been retained by its developer, Larry Kestelman.


Luxury apartment listings on Chapel Street, South Yarra

Melbourne had a 63 percent weekend success rate from 343 apartment and townhouse offerings, on what was Melbourne&#39;s second busiest weekend this year.

Melbourne&#39;s top apartment sale was $1.68 million in Port Melbourne.

The three bedroom apartment has views across the waters of Port Phillip Bay spanning from Williamstown, past St.Kilda and down towards the Mornington Peninsula.&nbsp;

It last sold at $935,000 in 2007.

The complex has an in-ground swimming pool and a gymnasium.

[smartcode_project:default project_id=89720 project_image_fid=147514]

Sales of trophy apartments continued in Sydney despite the elevated lockdown restrictions.

There was a $3.3 million sale of a two bedroom, two bathroom apartment in Harry Seidler&rsquo;s Horizon building.

The panorama includes Sydney&rsquo;s Harbour, Bridge, Opera House, and the CBD skyline from its 23rd floor.

It sold in February 2020 at $2.4 million.

Sydney had 79 percent success rates for the 291 apartment auctions.

There were 685 auction results for apartments and townhouses across the capital cities over the past week, with a 68 percent success rate, according to CoreLogic.

There were 685 auction results for apartments and townhouses across the capital cities over the past week, with a 68 percent success rate, according to CoreLogic.

Anchorage, Port Melbourne apartment tops weekend Melbourne apartment sales

Sales of trophy apartments continued in Sydney despite the elevated lockdown restrictions.

There was a $3.3 million sale of a two bedroom, two bathroom apartment in Harry Seidler&rsquo;s Horizon building.

The panorama includes Sydney&rsquo;s Harbour, Bridge, Opera House, and the CBD skyline from its 23rd floor.

It sold in February 2020 at $2.4 million.

It was sold by Richardson &amp; Wrench Elizabeth Bay.

There were 685 auction results for apartments and townhouses across the capital cities over the past week, with a 68 percent success rate, according to CoreLogic.

<a href="/developments/sydney-nsw?source_news_article_id=103349&amp;ref=news_body_link"><img alt="" height="800" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/sydney-cbd-_template_8.jpg" width="1200" /></a>

Sydney had 79 percent success rates for the 291 apartment auctions.

Melbourne had a 63 percent success rate from 343 apartment and townhouse offerings, on what was Melbourne&#39;s second busiest weekend this year.

Melbourne&#39;s top apartment sale was $1.68 million in Port Melbourne.

The three bedroom apartment has views across the waters of Port Phillip Bay spanning from Williamstown, past St.Kilda and down towards the Mornington Peninsula.&nbsp;

It last sold at $935,000 in 2007.

The complex has an in-ground swimming pool and a gymnasium.

There was a $3.3 million sale of 2302/184 Forbes Street, Darlinghurst on the weekend

$3.3 million Horizon, Darlinghurst trophy apartment tops weekend sales

With house and land packages seeing a surge in popularity, bolstering housing supply ahead of the restart of post COVID-19 immigration could improve housing affordability, according to the new Stockland managing director Tarun Gupta.

Gupta, who spent 26 years at Lendlease, has just taken over from Mark Steinert at Australia&#39;s largest listed residential house and land developer.

&ldquo;A lot of the heat currently is in established home prices, which is where price increases are coming through,&rdquo; Mr Gupta told The Australian.

He added that ensuring supply would stop prices rising too high, which had been&nbsp;creating&nbsp;affordability problems and stopping people getting into the market.

&ldquo;We think supply needs to come in and kick in at the moment,&rdquo; he said.

&ldquo;Over time, especially as immigration starts to come up in future years, there&rsquo;ll be more demand, right across the market. Supply is very important to moderate prices, because affordability is good at the moment because of low interest rates,&rdquo; he said.

&ldquo;Even though we don&rsquo;t have migrants coming to the country at the moment we have had a lot of Australians returning back to the country who have supported, probably more the established home market, but that is still driving a halo effect on the market that we service,&rdquo; he said.

He said outer suburban and regional markets were drawing people looking for larger homes and better amenities, partly due to the pandemic, which allowed for flexible working from home.

&ldquo;We are selling a very large proportion of our homes to owner-occupiers who are really making the choice to come and live in our community.&quot;

But buyers are being forced further and further out, Richard Rhydderch, general manager of residential communities NSW for developer Stockland, told Domain.

[smartcode_project:default project_id=99962 project_image_fid=160807]

&ldquo;There&rsquo;s a real lack of supply in greenfield areas, and that will continue until the government releases more land or accelerates rezoning,&rdquo; he says.&nbsp;

&ldquo;And with people being pushed further from the centres, we need better infrastructure and access to jobs, which requires significant investment from local and state governments.&rdquo;

At the moment, Stockland is allocating buying opportunities to people who register their interest as soon as a new parcels of land are released.

It is not unknown to take 1000 requests for 20 blocks in the first three minutes.

&quot;There&rsquo;s a lot of people being constantly disappointed,&rdquo; Rhydderch said. &ldquo;And that isn&rsquo;t good to see.&rdquo; 
&nbsp;

Tarun Gupta said that ensuring supply would stop prices rising too high

Stockland boss says house and land supply is needed ahead of return of migration

Tech entreprenuer Robin Khuda has plans to redevelop the Palm Beach fish and chip shop into six apartments above retail premises on Sydney&#39;s northern peninsula.

Khuda made his $600 million fortune from data centres, but has recently become a significant property investor and developer.

His plans involve&nbsp;modifying a 2014 approved development application for four apartments, with the council consent slightly&nbsp;commenced.

The latest plans are for a three-storey, apartment shop top project next door to historic Barrenjoey House.

Khuda spent $6 million on the local fish and chip shop premises.

<img alt="" height="645" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/mills_1.jpg" width="1200" /> 
The proposed plans by Rob Mills Architecture. Image source: Northern Beaches Council

There are also plans on the other side of Barrenjoey House for a site bought by developer IPM which is set for a four-storey building featuring ground floor retail and eight three-bedrooms&nbsp; 
apartments.

Council records show early site works had also been commenced at this site, with a 2014 commencement certificate at the 1112 - 1116 Barrenjoey Road site.

Local agents have suggested the projects will&nbsp;see Palm Beach head towards being another Noosa.

Khuda, founder and chief executive of AirTrunk, has commissioned architect, Rob Mills, to oversee his amended project.

The section 455 modifications application gives a $2.32 million cost of work.

The previously approved building heights are increased by 817mm to accommodate ADG compliant floor to floor heights, with the additional height sought to be justified having regard to &quot;the superior building design, amenity and broader urban design outcomes achieved.&quot;

Dozens of locals have lodged objections.

Robin Khuda proposes to redevelop the Palm Beach fish and chip shop into six apartments above retail

Noosa-style main street predicted after apartment proposals on Palm Beach's Barrenjoey Road

Plans have been unveiled to build Adelaide&rsquo;s tallest tower behind the Freemasons Hall.

A 160m-high tower is proposed for North Terrace.

The $120 million proposal includes a mix of hotel, student accommodation, office and hospitality spaces.

The city&rsquo;s Freemasons branch are considering the proposal which would raise funds for repairs to their 1920s heritage-listed building.

The Adelaide Advertiser advised a joint-venture partner was likely to be sought.

It has been estimated around $9 million is needed for rectifications.

The proposal includes 200 hotel rooms and 204 student accommodation beds across at least 33 storeys inspired by the architectural principle of Entasis.

There are plans to build Adelaide’s tallest tower behind Freemasons Hall

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