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 Melbourne-based builder developer Cornus has seen solid buyer demand in its Carnegie apartment development, Cornus Carnegie.

Around 20 per cent have sold since the launch, with the majority&nbsp;of the 61 two and three bedroom apartments snapped up by first home buyers who took advantage of government incentives earlier in the year.

Most of the apartments that have sold have been close to the $600,000 mark, which qualified for the first home buyer grant.

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Cornus were expecting a surge in first home buyers, and don&#39;t expect the appetite from first home buyers to&nbsp;cool off despite the government grants expiring at the end of June.

As house prices across Melbourne continue to rise, Cornus are receiving interest from buyers who have been priced out of the housing market and are keen on the fixed price for off the plan apartments.

The surge in the housing market however has seen the emergence of the downsizer, who are selling their larger homes at premium prices and looking to downsize to larger apartments.

Cornus told Urban that a lot of first home buyers had been drawn to Cornus Carnegie due to the location of the development.

[smartcode_project:default project_id=96653 project_image_fid=158220]

&quot;It&#39;s a really popular area and doesn&#39;t really have many properties for sale,&quot; Cornus said.

&quot;The coveted suburb has great amenities and is great for young people, with good restaurants, bars and cafes.&quot;

Two bedroom apartments in Cornus Carnegie start from $575,000, with the three bedroom apartments priced from $849,000. Completion is slated for the end of 2022.

Cornus has also recently launched Cornus Oakleigh, in the neighbouring suburb.

The development of 69 apartments and 10 townhouses has prices starting from $449,000 for one bedroom apartments, $549,000 for two beds and $789,000 for three bedroom apartments.

The three bedroom, two bathroom townhouses start at $1.15 million.

&nbsp;

Most of the apartments that have sold have been close to the $600,000 mark, which qualified for the first home buyer grant

Why first home buyers are snapping up apartments in Cornus Carnegie

The Melbourne developer Lowe Living has sold nearly two thirds of its&nbsp;seaside Parkdale apartment development, Topaz Parkdale.

The developer, led by managing director Tim Lowe, has seen a diverse buyer profile for the premium apartments, which have been designed by Chamberlain Architects in collaboration with the landscape architect Jack Merlo.

First home buyers and downsizers have both been prominent in the purchasing in the 22 apartment block.

Lowe&nbsp;said that the meticulous craftsmanship and unparalleled attention to detail of Topaz Parkdale, combined with the prized bayside location, will present a sought-after opportunity for several buyer types looking to leverage government incentives.&nbsp;

[smartcode_project:default project_id=29852 project_image_fid=89861]

&ldquo;Topaz Parkdale is inspired by its desirable location,&rdquo;&nbsp;Lowe said.

&ldquo;With the beauty of Port Phillip Bay only a short walk away, along with the enviable amenities of the much-loved Parkdale Village and neighbouring bayside suburbs. Topaz Parkdale will give a variety of buyer types the rare opportunity to enjoy a sea change while not compromising on locale or quality.&quot;

One, two and three bedroom apartments are still available. The one bedders start from $524,000, the two bedroom apartments from $889,000 and the bigger three bedroom apartments from $1,069,000.

There are also a small selection of three bedroom townhouses, which are priced from $1,395,000

[smartcode_project:default project_id=29852 project_image_fid=89866]

Construction is underway at Topaz, with completion slated for late 2022.

Lowe says that one of the most unique aspects of Topaz Parkdale is the relationship between architecture, landscaping and surrounds.

Lush planting design by Jack Merlo, spilling over private courtyards and balconies, match the low maintenance, textural palette of contrasting brickwork, toned renders and metal cladding.

[smartcode_project:default project_id=29852 project_image_fid=89863]

&ldquo;These elements have all been carefully considered to create a sense of sanctuary, synonymous with a relaxed beachside lifestyle,&quot; Lowe says.

&ldquo;Carefully crafted floorplans promote light-filled rooms with spacious interiors that seamlessly transition for complete outdoor connection.&quot;

About the developer

Lowe Living&nbsp;was developed in 2015 due to market opportunity and to continue the Lowe name&rsquo;s strong legacy of delivering high-quality projects, particularly specialising in multi-level residential apartments in Melbourne.

Through the combination of Lowe Living and Lowe Create, Lowe Living offers end-to-end services in land acquisition, design and building services, development management, preparation for launch including sales and marketing support, and post purchase support.

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


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

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


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

jchancellor

NSW property investor land tax revenue to rise 5.2 percent annually 

The Melbourne-based developer Landream,&nbsp;in collaboration with project manager&nbsp;Codicote, have announced the high-end residential builders, Kapitol Group, have been awarded the $17 million plus construction contract to deliver the&nbsp;Malvern East apartment development Hurstmon.

Kapitol, who have built Sarah Sands in Brunswick and are also currently building a 20 apartment development in Collingwood, are set to start construction next month of the Telha Clarke-designed apartment project of 39 apartments.

The location at 3 Hurstmon Street is unique. It is rare&nbsp;an apartment building in the Stonnington LGA isn&#39;t developed on a main road. The 1,790&nbsp;sqm site sits quietly off Malvern Road.

[smartcode_project:default project_id=4807 project_image_fid=84184]

Mitchell Crawford, Landream&#39;s senior development manager, says Landream&nbsp;always strives to engage local professionals where possible across their portfolio of projects.

&quot;Hurstmon was no exception,&rdquo; Crawford said.

The project is set to generate work for over 450 local contractors during the construction program.

Kapitol Group director Andrew Deveson said the team were looking forward to putting their&nbsp;world-class construction experience towards delivering a high quality outcome at Hurstmon, where future residents will enjoy living in years to come.

[smartcode_project:default project_id=4807 project_image_fid=84185]

Emphasis has been placed on the delivery and installation of the unique vertical rammed earth columns that line the front and west fa&ccedil;ade of the building.

&ldquo;Rammed earth columns sit proudly on the fa&ccedil;ade of Hurstmon paying homage to the earthy tones of the site&rsquo;s surrounds and defining each residence, allowing residents to have a clear sense of their home,&rdquo; Tim Clarke, director of Telha Clarke says.

This enables the building to meld seamlessly into the local streetscape, which is filled with the abundant native greenery that Malvern East is known for.

Crawford says Hurstmon is one of the only residential developments in Victoria to feature the sustainable natural building finish.

[smartcode_project:default project_id=4807 project_image_fid=84191]

&quot;[The finish] traditionally only&nbsp;stars&nbsp;in luxury homes, museums, art galleries and wineries due to its bespoke nature,&quot; Crawford says.

In keeping with the theme of supporting local, the earth for the columns will be sourced and manufactured in the Victorian High Country through the&nbsp;family run business Earth Structures.

Earth Structures are responsible for many of the buildings in Victoria that feature rammed earth including the renowned Tarrawarra Museum of Art located at the Tarrawarra Estate winery in the Yarra Valley.

Hurstmon is scheduled for completion by end of 2022, and will sit in landscaping from Eckersley Garden Architecture, who <a href="/news/vic/eckersley-garden-architecture-shares-inspiration-behind-the-design-of-hurstmons-garden-areas">recently shared their insights in to Hurstmon</a>.

Launching soon is the developer&#39;s&nbsp;release of three-bedroom apartments, with pricing ranging from $1,375,000.

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

Landream appoint Kapitol Group to construct Malvern East apartment development Hurstmon

The ASX-listed national developer Mirvac have sold over half of the apartments in their $180 million Newstead apartment tower Quay.

Quay is one of the two approved apartment building&#39;s in Mirvac&#39;s $1 billion Waterfront Newstead community on Skyring Terrace on the Brisbane River.

Mirvac had just been running a&nbsp;registration&#39;s of interest&nbsp;campaign, with public release starting in the next few weeks.

[smartcode_project:default project_id=90553 project_image_fid=147609]

Quay will comprise 143 one,&nbsp;two and three bedroom apartments priced from $382,000 across its 25 levels. The expansive three and four bedroom sky pavilions start from $2,925,000.

The striking building, designed by Mirvac&#39;s award-winning in-house design team, will feature lush landscaping climbing the tower by landscape architect RPS.

Mirvac Head of Residential Stuart Penklis said there had been significant demand for the premium riverside apartments, which were located on a prime site at 57 Skyring Terrace, at the gateway to the Waterfront Newstead community.

&ldquo;To have the apartments be so well received is a huge achievement and testament to the design and quality of Quay,&rdquo; Penklis said.

[smartcode_project:default project_id=90553 project_image_fid=147612]

&ldquo;From the moment we started work on the sales centre we were inundated with enquiry and had a waiting-list of buyers, with sales predominately made to those already living in the local area or who had purchased or lived in a Mirvac community previously.

&ldquo;We expect the high interest will continue now the apartments are officially released, with demand for premium property in Brisbane remaining extremely strong &ndash; particularly for lifestyle destinations such as Quay, which enjoys a position alongside the Brisbane River, just two kilometres from the CBD and surrounded by vibrant caf&eacute;s, restaurants and retail.&rdquo;

Quay features just seven apartments per level to level 19, and three from level 20 and above.

Mirvac Design and RPS combined to create the lush landscaping up the facade of the building, turning the balconies in to an elevated backyard.

[smartcode_project:default project_id=90553 project_image_fid=147606]

Quay will home one of Brisbane&rsquo;s largest rooftop entertaining areas, complete with a 25 metre infinity edge pool. There will also have be&nbsp;a shared penthouse style kitchen and dining space with views across the Brisbane River and a ground-level wellness retreat, featuring a yoga studio.

Quay features just seven apartments per level to 19, and three from level 20 and above, ensuring each enjoys generous proportions inside, with large sculptured balconies and lush planting providing an &lsquo;elevated backyard&rsquo;.

High ceilings and expansive glass frontages draw in natural light and ventilation, while framing panoramic views of the Brisbane River and city skyline vistas.

Quay follows on from Mirvac&rsquo;s highly successful previous stages at Waterfront Newstead &ndash; Pier, Park and Unison.

The strong sales have prompted Mirvac to bring forward planning for the next apartment release at Waterfront Newstead, with the developer now taking registrations of interest from prospective purchasers.

[smartcode_project_cta: project_id=90553]

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

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

Construction at Bloom Arncliffe has recently completed, supplying Sydney&rsquo;s south with quality one, two and three-bedroom ready-to-go apartments.

Situated at 213 Princes Highway, these homes are perfect for the first-time owner, the smart investor and the dynamic urban-dweller.

Urban takes a look at five things we love about Bloom Arncliffe.

1. Delivered by an award-winning team

[smartcode_project:default project_id=6201 project_image_fid=89025]

Developed by Melbourne investment and finance house, Wingate, and designed by EJE Architecture, Bloom Arncliffe is delivered by a strong team.

Wingate has a track record of quality developments and has recently announced a $600 million venture alongside Tim Gurner at a 1.3-hectare site in Surfers Paradise.

EJE director, Kathy Gresham, has an impressive architectural portfolio that spans over 20 years, successfully completing a diverse range of projects.

Bloom Arncliffe was constructed by one of the NSW&rsquo;s most experienced residential builders, Richard Crookes Constructions.

2. Stylish apartments

[smartcode_project:default project_id=6201 project_image_fid=89014]

Dispersed over seven state-of-the-art buildings, each residence at Bloom combines functionality with luxury finishes.

Apartments include the latest appliances, integrated cabinetry, built-in robes and floor-to-ceiling sliding doors.

&ldquo;Contemporary yet timeless, fresh yet warm, Bloom is the ideal canvas to create your next home&rdquo;, the project marketing reads.

The open plan living and dining space opens up to a balcony, landscaped for privacy and offering elevated views.

3. Vibrant community

[smartcode_project:default project_id=6201 project_image_fid=89011]

Forming part of a thriving Sydney community, owner-occupiers can relax knowing their home is set amongst boutique cafes, Rockdale&rsquo;s upgraded park and two 18-hole golf courses, Bardwell Valley and Kogarah Golf Club.

The suburb has a rare balance in generations, with mature-aged homeowners and young independents.

Bloom Arncliffe is favourably situated between nature and the sitting, and offers Wolli Creek&rsquo;s new shopping precinct, Discovery Point, within leisurely reach.

4. Convenient amenities

[smartcode_project:default project_id=6201 project_image_fid=89017]

The 318-residence tower is made vibrant by its ground-floor marketplace, boasting retailers and restaurants at your doorstep.

Arncliffe&rsquo;s brand-new inclusive leisure centre is also within close proximity, delivering sports and recreation facilities, educational resources, space hire and cultural activities.

5. Great location

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Bloom is paced in a prime position between the city and the coast, with convenient access to well-serviced transport, including to Sydney Airport and Arncliffe and Banksia train stations.

Residents enjoy the benefits of being close to Sydney&rsquo;s southern beaches, as well as the Illawarra line&rsquo;s direct link to the CBD, the Inner West and Bondi.

Plus, the area boasts a great selection of local schools, parks and public space.

[smartcode_project_cta: project_id=6201]

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

max.kwok_55688

Five things we love about the Arncliffe development, Bloom

Smith Street, the edgy Collingwood strip of food joints and bars,&nbsp;was recently named the coolest street in the world&nbsp;in a poll by the entertainment and exploration guide, Time Out.

It beat out the likes of London&#39;s South Bank on the River Thames and the famous Sunset Boulevard strip in LA.

But the street wasn&#39;t always the go-to hangout for Melbourne&#39;s inner residents.

Developer Tim Gurner, who leads the residential development firm GURNER, said people thought they were crazy when launching projects just off Smith Street around 14 years ago, long before it had taken off.

&quot;I remember our first display suite kept getting broken into and the TVs and electrical equipment would get stolen,&quot; Gurner recalled.

&quot;But I just fell in love with the incredible heritage buildings and warehouses and felt that gentrification would change the face of the area and attract the young professionals that would eventually lead to all the best restaurants, bars, shops and then eventually more demand.&quot;

He said one of the things he looks for when deciding on where the develop a project is the area&#39;s &#39;cool factor&#39;.

&quot;Have the artists and creators moved into an area? Are new restaurants opening up? Does the area tell a story? If the answers are yes, I know culturally the area is set for a massive resurgence and know that&rsquo;s where we should be looking for sites, so that we can play a role in that cultural regeneration.&quot;

Of course the rich-lister developer goes in to each development knowing that that data is crucial, with rental vacancy rates, walkability scores, and median price points analysed.

But Gurner says that he also needs to personally love the area.

&quot;I need to feel like it&#39;s somewhere I could imagine myself living,&quot; Gurner says.

&quot;Often when I&rsquo;ve walked around streets of areas we are looking at, it&rsquo;s reminded me of places I&rsquo;ve been to in New York, Brooklyn or LA. That&rsquo;s when I know we are onto something really exciting and we often end up developing multiple projects there over many years.

GURNER&#39;s latest development on Smith Street is E.S Smith, the contemporary, New York-style development of 41 apartments.

[smartcode_project:default project_id=5615 project_image_fid=166290]

&quot;I think E.S&nbsp;Smith&nbsp;is my 17th&nbsp;project within a two kilometre radius, so you can tell I really love the area and believe in it on a much deeper level than data alone.&quot;

The design by&nbsp;Warren and Mahoney Architects draws inspiration from private clubs in New York&#39;s hip borough Brooklyn.&nbsp;Completion is slated for early 2023.

&quot;Collingwood&nbsp;has a distinct NY Meatpacking feel to it so we wanted to celebrate that with our projects, rather than compete with it,&quot; Gurner says.

[smartcode_project:default project_id=5615 project_image_fid=166292]

The development will see the 100 year old facade retained at street level, where there will be retail space.

Gurner says Smith&nbsp;Street has so many incredible heritage buildings still intact from the Foy &amp; Gibson era so we were really keen to be able to play a part in another project with historic appeal.

&quot;E.S&nbsp;Smith&nbsp;is our latest development on&nbsp;Smith&nbsp;Street and it ticked all the boxes for us &ndash; a heritage fa&ccedil;ade surrounded by all the best restaurants and cultural elements. We knew this was going to be something special.&quot;

Gurner says it was well foreseen that Smith Street was going to take off.

&quot;Collingwood and Smith Street in particular are so close to&nbsp;East&nbsp;Melbourne, which is one of this city&rsquo;s most prestigious suburbs, so I knew some of that demand would soon start to be reflected in the surrounding areas. &nbsp;

&quot;Collingwood and Fitzroy have seen the progressive transformation of so many key streets from Gertrude Street and Cambridge Street through to Brunswick and Johnston Streets, so&nbsp;Smith&nbsp;Street was the natural next step of this gentrification process.&quot;

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

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

The Melbourne-based&nbsp;Beck development family have secured a landmark site in Coolangatta on the Gold Coast.

Beckdev, headed by property industry veteran Max Beck and his son Ben, has already engaged&nbsp;BDA Architecture to create Palais Coolangatta, an innovative apartment tower&nbsp;on the&nbsp;31-35 McLean Street site.

The double block totalling 2,355 sqm homes Jazzland, one of many jazz halls that popped up in Coolangatta in the late 1930&rsquo;s, as well as a car park.

Ben Beck, a director at Beckdev who relocated to the Gold Coast from Melbourne a few years ago, said they wants the tower to be&nbsp;sympathetic to the nostalgia and history of the location.

&ldquo;This site holds an important part of the history of Coolangatta and our final design will reflect that,&rdquo; Beck said.

<a href="/developments/gold-coast-qld?source_news_article_id=103162&amp;ref=news_body_link"><img alt="" height="797" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/gc_newest_tile_jpeg_13.jpg" width="1200" /></a>

&ldquo;Our connection to the past underpins our sense of community, so it&rsquo;s our intention to restore, re-use and recreate this unique social heritage to ensure the fa&ccedil;ade and dance floor live on in some form.&rdquo;

Jazzland, which at one stage was known as Jazzland Dance Palais, officially closed in 1951, with its history and building lost to successive commercial and retail tenants for three generations since.

&ldquo;We&rsquo;re delighted to have secured such a prominent site for an exciting new residential development in the heart of Coolangatta, just a stone&rsquo;s throw from one of the Gold Coast&rsquo;s iconic beaches,&quot; Beck added.

&ldquo;We&rsquo;re now working closely with BDA&rsquo;s architects to ensure this project is welcomed by the local community for an innovative design that also pays tribute to a long-forgotten part of our history that delighted so many generations before us.&quot;

About the developer

Max began his career as a carpenter with a major Melbourne building group, Clements Langford, who built the landmark projects, Myer Emporium and the Spires on St Paul&rsquo;s Cathedral.&nbsp;

In 1976, Max established Becton, what was considered&nbsp;a respected and highly successful property development, construction and investment company that jump started his&nbsp;successes&nbsp;in the building and construction industries today.

Ben and Max are renowned for delivering a foray of quality and landmark developments in Sydney and Melbourne, including one of Australia&rsquo;s most important heritage building restorations in 333 Collins Street in Melbourne.

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

Beckdev secure Coolangatta site, plan apartment tower

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

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

Melbourne real estate is ripe for investment: Freedom Property Investors

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

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

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