Toorak's dress circle St Georges Road, home to some of the city's priciest homes, is set for a rare new apartment development.

Blood Diamond Group, an entity tied to Tina Brandi, wife of David Brandi who has been a prolific bidder on The Block over the years, has filed plans for an ultra-exclusive development across an amalgamated 3,662 sqm site at <a href="https://www.apartments.com.au/new-apartments/104-106-st-georges-road-toorak-vic-3142">104 and 106 St Georges Road</a>.

The proposal would replace two existing homes on the riverfront site with a five-level apartment building cascading down the steeply sloping land toward the Yarra River. Designed by Charles Wright Architects, the development has been carefully shaped around the site’s topography and river environs, with the upper levels stepping back to reduce visual bulk from both St Georges Road and the Yarra corridor.

Planning documents describe the proposal as “a site layout and building typology that is consistent with the emerging character of the area and which provides exceptional amenity for future residents without compromising that of neighbouring properties.”&nbsp;

<img alt="First look: Blood Diamond Group unveils riverfront apartment plans for Toorak Pavilion" data-entity-type="file" data-entity-uuid="ea19a17e-7528-4fa8-b727-05f2f7c025e5" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Toorak%20pavilion%20a_0.png?VersionId=rZ2IjdoUL_UrRl1sZ4wZHnQXbYUaEmUQ" />

The scheme comprises 12 apartments, including 10 three-bedroom residences, one one-bedroom apartment, and a substantial split-level five-bedroom penthouse. A 624 sqm communal rooftop terrace will crown the building, while three undercroft levels embedded into the hillside will accommodate apartments and basement parking.

The design leverages the site’s dramatic northern outlook across the Yarra River, with living areas and balconies oriented toward the water. A central atrium running the full height of the building is intended to draw natural light deep into the residences and improve internal amenity.

Landscape architecture by <a href="https://www.apartments.com.au/landscape-architect/jack-merlo">Jack Merlo Design &amp; Landscape</a> will play a major role in softening the built form, particularly along the river edge where significant setbacks have been introduced. The proposal includes a minimum 30-metre setback from the Yarra River boundary, preserving a substantial landscaped buffer between the development and the waterway.

While a mature English Oak near the front of the site is proposed for removal, the plans retain a large English Elm closer to the riverfront, alongside other established vegetation in the lower section of the property.

<img alt="First look: Blood Diamond Group unveils riverfront apartment plans for Toorak Pavilion" data-entity-type="file" data-entity-uuid="ed3bf19b-5bc7-482f-bde7-41f709a13c3a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Toorak%20pavilion%20b.png?VersionId=SG_kBGu4rOaSPY8FtVcmPJfSCrstuOfg" />

Architecturally, the building adopts strong horizontal forms with expansive glazing and curved balcony edges facing the river. Planning documents note the upper levels “adopt a receding form” to ensure the building responds appropriately to the Yarra River environs overlay controls.&nbsp;

The surrounding streetscape is characterised by large contemporary homes embedded into the hillside, many presenting as modest one or two-storey forms to the street before expanding toward the river frontage below. The planning report notes this established pattern heavily influenced the massing strategy for Toorak Pavilion.&nbsp;

Until the recent sale of the landmark Clendon Road mansion Coonac for around $130 million, St Georges Road held the state's most expensive home, the $80,000,088 derelict "Ghost House" mansion that was bought by crypto king Ed Craven.&nbsp;

Blair House, also on St Georges Road, sold for $74.5 million in 2022.

Joel Robinson

First look: Toorak Pavilions slated for dress circle St Georges Road

Six months after a development site on Kangaroo Point’s Shafston Avenue sold for $6.55 million, plans have been lodged for a 23-storey apartment tower.

A company named JMT Mega Capital, understood to be interstate investors when the 1,222 sqm double block traded late last year through Patona Property, is proposing an 84-apartment development in place of the existing low-rise buildings.

The slender tower at <a href="https://www.apartments.com.au/new-apartments/212-220-shafston-avenue-east-brisbane-qld-4169">212–220 Shafston Avenue</a>, overlooking the Brisbane River, has been designed by <a href="https://www.apartments.com.au/architects/aplus-design-group">Aplus Design Group</a>. It will comprise a mix of one-, two- and three-bedroom apartments above six basement levels, topped by rooftop resident amenities.

<img alt="First look: 23-storey Kangaroo Point tower planned for Shafston Avenue riverfront precinct" data-entity-type="file" data-entity-uuid="7e17ba9e-553e-42ef-92b6-22081671521a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/podium_3.png?VersionId=hlVUf99vrOjUs.vhQs0qV0DhOncUy9T8" />

The development has been designed as a vertically articulated tower with recessed balconies, curved façades and planted edges intended to soften its scale within the evolving Shafston Avenue skyline. In the submitted Urban Design Report, Aplus Design Group said the tower had been “shaped with a slender vertical expression, articulated façades, recessed balcony zones, integrated planting and a clearly defined podium relationship, helping to reduce perceived bulk and create a more elegant contribution to the Shafston Avenue streetscape and broader Kangaroo Point skyline.”

The scheme comprises 84 apartments, including 25 one-bedroom units, 34 two-bedroom apartments and 25 three-bedroom residences. A total of 104 car spaces are proposed across six basement levels, including resident, visitor and accessible parking.

Residents will have access to rooftop communal open space and shared amenities, while the development also incorporates deep planting zones and subtropical landscaping throughout the podium and tower levels. The project includes 35 per cent communal space coverage across the site and a 17.5 per cent deep soil zone allocation to support urban greening outcomes.

The application exceeds the mapped building height under the Kangaroo Point Peninsula Neighbourhood Plan and is being assessed under Brisbane City Council’s impact assessment pathway. The design team argues the additional height is supported by the site’s strategic inner-city location, existing high-density zoning, and proximity to transport and employment hubs.

“The design has been developed to make better use of a well-serviced urban site within an established high-density residential setting, while improving the street presentation and overall quality of the public realm interface,” the report states.

<img alt="First look: 23-storey Kangaroo Point tower planned for Shafston Avenue riverfront precinct" data-entity-type="file" data-entity-uuid="1ab44b1e-ff45-4bf3-8da8-8aa0cd79db33" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/site_10.png?VersionId=tSxeGekZOqj1e9g3PEn_yFoC3taKDp3U" />

The proposal adds to a growing pipeline of apartment developments reshaping Kangaroo Point ahead of the 2032 Brisbane Olympic Games, with demand continuing to strengthen for new housing supply in well-connected inner-city precincts.

Mosaic has nearly sold out its under-construction <a href="https://www.apartments.com.au/new-apartments/the-bedford-by-mosaic-16-30-prospect-street-kangaroo-point-qld-4169">The Bedford by Mosaic</a>&nbsp;and <a href="https://www.apartments.com.au/new-apartments/the-carter-by-mosaic-77-linton-street-kangaroo-point-qld-4169">The Carter</a>,&nbsp;while Pikos recently completed <a href="https://www.apartments.com.au/buildings/skye-residences-by-pikos-kangaroo-point-8-river-terrace-kangaroo-point-qld-4169">Skye Residences</a> nearby. Pikos is also delivering <a href="https://www.apartments.com.au/new-apartments/gaia-kangaroo-point-108-lambert-street-kangaroo-point-qld-4169">Gaia</a>, over 230 three- and four-bedroom apartments on Lambert Street.

First look: 23-storey Kangaroo Point apartment tower planned for Shafston Avenue riverfront precinct

A new 25-storey apartment tower proposed for Mercer Street would push Geelong’s western gateway skyline higher, with Morphy Birrell Property Group lodging plans for a project directly beside one of the city’s most significant heritage streetscapes.

The <a href="https://www.apartments.com.au/architects/fk-australia">FK</a>-designed development at <a href="https://www.apartments.com.au/new-apartments/65-67-mercer-street-geelong-vic-3220">65-67 Mercer Street</a> has now been referred to Victoria’s Planning Minister. The site sits opposite the Geelong rail corridor and immediately south of the heritage-listed St Peter and Paul’s Catholic Church and Ashby Hall precinct.

Rather than compete with the neighbouring ecclesiastical buildings, the proposal adopts a sculpted podium intended to reference the materiality and scale of the heritage context. Planning documents note the design draws cues from the “dark stone brick” church and surrounding masonry buildings, while the tower above transitions into a softer, curved form oriented toward Corio Bay and the Geelong waterfront.

<img alt="First look: Morphy Birrell Property Group targets 25-storey Geelong tower beside landmark church precinct" data-entity-type="file" data-entity-uuid="b797d10c-d4a6-47af-b8df-1aeaa3b382be" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/public%20square.png?VersionId=QGIpcz1x1hKB6lQLl2iobyHqb6PS2Ztc" />

The development forms “Stage 5” of Morphy Birrell Property Group’s broader Mercer Street precinct strategy, following the completion of the 21-storey Miramar tower on Cavendish Street and several additional approved redevelopment stages nearby. Planning consultants Ratio said the proposal “represents an exemplary development outcome” aligned with the strategic ambitions for Central Geelong’s continued urban renewal.

The mixed-use project would replace an existing low-rise commercial building and surface parking area on the 3,320 sqm corner site. FK’s urban context report describes the proposal as a residential development comprising apartments, resident amenities, commercial space, and integrated landscaping positioned to maximise bay views and northern sunlight access.

Renders show a deeply articulated tower with curved balconies stepping above a lower masonry podium that frames a landscaped forecourt facing Mercer Street. The design intentionally preserves sightlines toward the adjacent church buildings, with the podium scaled to reinforce the heritage edge before the tower recedes upward.

<img alt="First look: Morphy Birrell Property Group targets 25-storey Geelong tower beside landmark church precinct" data-entity-type="file" data-entity-uuid="2bdca91e-66f7-4ac7-8baa-2f93bd5b564e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/geelong%20site.png?VersionId=QOhbino4ZgzKYw5dW3QE14E.2yq.Sv87" />

The planning report highlights the site’s strategic location within 400 metres of key Geelong destinations including Cunningham Pier, the Geelong Station precinct, Deakin University, and the convention centre. Bus services run directly along Mercer Street, while the Corio Bay foreshore sits around 100 metres north of the site.

The proposal arrives amid accelerating redevelopment across central Geelong, where planning policy continues to encourage higher-density housing close to transport infrastructure and the waterfront. Mercer Street in particular has emerged as a focal point for taller apartment development due to its proximity to Geelong Station, the bay, and major civic infrastructure.

Morphy Birrell Property Group targets 25-storey Geelong tower beside landmark church precinct

Development giant&nbsp;<a href="https://www.apartments.com.au/developers/hamton">Hamton</a> and joint venture partner Hostplus have revealed the next residential stage of their $3 billion Moonee Valley Park masterplan, lodging plans for 512 more apartments within the precinct on surplus racecourse land at 110 Wilson Street, Moonee Ponds.

The proposed development, dubbed&nbsp;<a href="https://www.apartments.com.au/new-apartments/trackside-house-110-wilson-street-moonee-ponds-vic-3039">Trackside Gardens</a>&nbsp;in the planning application, follows the <a href="https://www.apartments.com.au/news/vic/first-look-exclusive-hamton-and-hostplus-reveal-sixth-stage-of-moonee-valley-park-masterplan">recent unveiling of the sixth-stage Cox Place Precinct</a> and continues the long-running transformation of the Moonee Valley Racecourse into one of Melbourne’s largest urban renewal projects.

Positioned on the north-eastern edge of the racecourse adjacent to CityLink, Trackside Gardens will comprise three residential buildings rising between 61.8 metres and 86.4 metres within a heavily landscaped precinct shaped by Hamton’s Nature Based Cities framework.

The project forms part of the broader Moonee Valley Park redevelopment being delivered by Hamton, Hostplus and the Moonee Valley Racing Club, which is reshaping the 40-hectare racecourse site into a mixed-use neighbourhood with housing, retail, commercial space, hotels, parkland and community infrastructure.

Trackside Gardens sits separately to the recently proposed Cox Place Precinct, a five-building stage comprising around 1,100 residences, two build-to-rent buildings, two build-to-sell towers, retail, office space, and a hotel overlooking the racetrack. Together, the projects continue to accelerate housing delivery across the precinct.

<img alt="First look: Hamton expands Moonee Valley Park masterplan with 512-home Trackside Gardens precinct" data-entity-type="file" data-entity-uuid="5fc1941e-52d3-41c6-abc4-0f13fe8ae5ea" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/DA%20Edits%20%281%29.png?VersionId=7qwRHq5dcvXWNot2hNOgoQhN2GIWudNK" />

Designed by <a href="https://www.apartments.com.au/architects/dko-architecture">DKO Architecture</a> with landscape architecture by Tract, Trackside Gardens has been conceived as a botanical-style residential precinct prioritising canopy planting, communal green space, and vertical landscaping.

“The architectural vision for the proposed development centres around buildings in a botanical park setting that champions the important role of nature,” the planning submission states.

“The proposal incorporates principles of biophilic design, with landscape and environmentally sustainable development influencing the ultimate design response of the buildings and prioritising the ground plane to ensure a high amenity for both occupants and visitors.”&nbsp;

Trackside Gardens will deliver 512 apartments across the three buildings, alongside 518 basement car spaces and 523 bicycle spaces. Around 20 per cent affordable housing is proposed across the broader North East Precinct, equating to around 158 dwellings.&nbsp;

The affordable housing component will be concentrated within the Wilson East building, while the remaining apartments are expected to be delivered as build-to-sell residences.

Trackside Gardens has been designed around Hamton’s Nature Based Cities initiative, founded by Executive Chair Paul Hameister OAM in partnership with the University of Melbourne, Urbis, Ark Resources and Tract. The initiative promotes integrating higher-density urban development with significant biodiversity, tree canopy and landscape outcomes.

<img alt="First look: Hamton expands Moonee Valley Park masterplan with 512-home Trackside Gardens precinct" data-entity-type="file" data-entity-uuid="89353449-7b3c-42fd-8fd8-8bf64a5ef80f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Article%20Feature%20Image%20%28Grid%29_4.png?VersionId=X8jRt0P2L7fIWjLhfX6gPknXToXIBeLj" />

A comprehensive landscape strategy would introduce deep soil planting, vertical greening, communal gardens, and new pedestrian links throughout the site.

Planning documents state the development is targeting a 5 Star Green Star Buildings rating, a 7.5-star average NatHERS rating, and “Exemplary” Nature Based Cities certification.&nbsp;

The proposal joins an expanding pipeline of approved and proposed buildings within Moonee Valley Park, including the recently launched Eveline apartments and the approved Grandstand North and South towers.

Hamton has increasingly focused on precinct-scale, nature-led communities across Melbourne’s middle-ring suburbs, with projects spanning Hawthorn, Kew, and Moonee Ponds.

Hampton unveils Trackside Gardens, latest stage of $3 billion Moonee Valley Park masterplan

The Paul Gedoun-led <a href="https://www.apartments.com.au/developers/ss-projects">S&amp;S Group</a> has achieved another milestone in its $1 billion transformation of Rainbow Bay on the southern Gold Coast with the completion of the company’s third project in four years, the $160 million <a href="https://www.apartments.com.au/buildings/esprit-217-227-boundary-street-coolangatta-qld-4225">Esprit</a> residences.

Delivered by <a href="https://www.apartments.com.au/builders/hutchinson-builders">Hutchinson Builders</a> and designed by <a href="https://www.apartments.com.au/architects/cottee-parker-architects">Cottee Parker Architects</a>, Esprit buyers have now moved into the 94 apartments across two interconnected buildings at 217-227 Boundary Street.

The successful settlement of Esprit marks another astounding chapter in the S&amp;S story, which launched its highly successful Flow apartments three years ago and created its own ultra-luxury branded fingerprint on an area craving new luxury residences.

Most early purchasers have secured gains of well over $1 million since the project launched in 2021.&nbsp;

[smartcode_project:default project_id=102921 project_image_fid=172129]

S&amp;S Projects Founding Director Paul Gedoun said the completion of Esprit reflects sustained demand for premium apartments in tightly held coastal locations.&nbsp; 
&nbsp;&nbsp; &nbsp; 
“Esprit has attracted buyers seeking a combination of quality design, considered amenity and a location that is becoming increasingly difficult to replicate,” said Gedoun.

“We identified some years ago that Rainbow Bay is a unique market where supply of luxury residences is limited, and we see the settlements in Esprit further underpinning this thinking - that for both owner-occupiers and investors.”&nbsp;

[smartcode_project:default project_id=102921 project_image_fid=172174]

A key feature of the development is ‘Club Esprit’, a 1,000sqm residents-only rooftop level combining wellness and recreation, believed to be a first for the Gold Coast, and which is fast becoming a signature of the S&amp;S brand.

Positioned to capture views across Snapper Rocks, Rainbow Bay and the Tweed River, the rooftop includes a 25-metre lap pool, gym, yoga lawn, sauna and steam facilities, ice bath, private dining spaces, outdoor cinema and landscaped areas for residents.&nbsp;

<a href="https://www.apartments.com.au/project-marketer/pezet-matheson">Pezet Matheson</a> Director Jayde Pezet, who led the sales campaign for Esprit and S&amp;S’s Flow and Awaken apartments, said the project’s performance reflects both the strength of the product and the depth of demand for premium apartments on the southern Gold Coast.&nbsp;

“In some cases, we’ve seen values double since launch, which is a clear reflection of how tightly held Rainbow Bay has become and the level of demand for well-executed projects in this market,” said Pezet.&nbsp;

“Buyers recognised early what S&amp;S Projects was delivering here, and that conviction has been rewarded as the project has progressed towards completion.”&nbsp;

[smartcode_project:default project_id=102921 project_image_fid=214819]

Esprit offers a mix of two- three and four-bedroom apartments and sits within walking distance of the beachfront, cafés and local amenities, reinforcing its appeal as both a lifestyle and investment destination.

The project is the third completed by S&amp;S Projects in Rainbow Bay, following Flow Residences and Awaken Residences, which together have contributed to the suburb’s emergence as one of the Gold Coast’s most sought-after coastal pockets. &nbsp;

S&amp;S Projects is continuing its investment in the area with Radia, a $215 million development currently under construction.&nbsp;

[smartcode_project:default project_id=102921 project_image_fid=172175]

Gedoun said the completion of Esprit signals continued confidence in the southern Gold Coast market.&nbsp;

“We’ve seen strong interest in well-located, high-quality apartments, particularly in areas where future development opportunities are limited."

“That’s been a key factor in the performance of Esprit and the broader Rainbow Bay market”.

[smartcode_project_cta:default project_id=102921]

Owners move in as Esprit completes at Rainbow Bay

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?

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Matheson on Kearns in Perth's Ardross is approaching sell-out as the apartment development nears completion.

The project of 46 apartments, developed by Megara and designed by the local Maine Architecture, only has nine apartments remaining, with 80 per cent sold before its predicted Spring 2021 completion date.

Pulse Property Group agent Jared Rayner said the local infrastructure and amenities had been the key to a number of different buyer demographics.

[smartcode_project:default project_id=7778]

"The majority of purchasers have been local downsizers who wanted to be a part of a smaller boutique development where they have still have access to shops, cafes, restaurants across the road," Rayner said.

"The attraction to not only the downsizer market place but wider buyers across the development has been the easy access to public transport links and local amenities for all demographics to enjoy."

The development sits less than two kilometres from Garden City shopping centre and also has three ground level retail and commercial spaces.

<a href="/buildings/matheson-on-kearns-22-24-kearns-crescent-ardross"><img alt="" height="1084" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/matheson_2.jpg" width="1800"></a>

Matheson on Kearns has a nod to the history of the suburb of Ardross, with the name a nod to the Scottish explorer Sir Alexander Percival Matheson, who subdivided the adjoining suburb of Applecross, creating the name Ardross Street.

It is said it was named after the town of Ardrossan on the Scottish west coast or Ardross Castle, near Inverness.

One bedroom apartments in Matheson on Kearns start from $445,000. Two beds are priced from $599,000 and three bedders from $749,000.

<a href="/buildings/matheson-on-kearns-22-24-kearns-crescent-ardross"><img alt="" height="1080" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/matheson_3.jpg" width="1800"></a>

Rayner's says the Perth off the plan market has seen strong demand since coming out of COVID-19, with a number of local, interstate and international buyers looking to acquire property in the Perth Metro area.

"Buyers feel the market is improving and the attraction they can see with this building is the fact that it has reached its final sixth Penthouse level and this has given buyers confidence this project will be finished on time."

About the developer

Megara is fast becoming one of Western Australia's leading boutique developers, identifying locations with outstanding potential in lifestyle and growth. 

As well as Matheson on Kearns, Megara have Maraboo Island, a 52 apartment development in Port Coogee under construction, as well as 30 apartments known as The Foundry in Leederville.
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Matheson on Kearns in Perth's Ardross is approaching sell-out as the apartment development nears completion

Megara's Matheson on Kearns approaches sell-out

Melbourne&#39;s inner-eastern suburbs, from Fitzroy North to Cremorne in the south, has&nbsp;undergone a&nbsp;gentrification over the last five years, but has still retained its affordability and its industrial charm.

The spill from the bustling&nbsp;Richmond, the hub of the inner-east, has seen neighbouring suburbs enjoy a rejuvenation of the old warehouses of the past. They now home&nbsp;craft breweries and cool restaurants which are&nbsp;driving the appeal.

And the inner-east&#39;s affordability, just&nbsp;north of the pricey Stonnington LGA, and its proximity to the CBD, has buyers keen on moving in to the area.

Urban has had a look at two of the best&nbsp;brand new, ready to move in apartments in the inner-east.

Park House, Abbotsford 
Prices: Starting from $505,000

The Park House is the newest development by the Salta Properties, one of Australia&#39;s largest privately owned companies.

[smartcode_project:default project_id=4136 project_image_fid=156385]

The Park House location is one of its standout features. Its Victoria Street address puts The Park House on the banks of the Yarra River, as well as directly opposite Kew and Studley Parklands, all still just three kilometres to the CBD.

<blockquote>
&quot;Set on the Yarra River, Park House provides the opportunity for residents to explore the local surroundings in all its beauty with the Yarra Trail, Boat House and Tea Garden and Melbourne&rsquo;s best open-access golf course, Yarra Bend around the corner.&nbsp;

&quot;With tram routes 12 and 109 on the doorstep of Park House and North Richmond station just a short walk away, travel to and from the CBD is a breeze creating an easy commute for those working in the city. &quot; 
Salta&#39;s managing director Sam Tarascio 
</blockquote>

The nine level building has been designed&nbsp;by SJB Architects and is finished with interiors by Sue Carr at Carr Design Group

&ldquo;The design team was determined to create buildings of dynamic and identifiable character&hellip;located within a significant precinct along the Yarra River,&quot; one of SJB&#39;s founding directors&nbsp;Michael Bialek says.

Each apartment features Gaggeneau appliances in the kitchen, engineered oak floors and marble-effect stone.&nbsp;

[smartcode_project:default project_id=4136 project_image_fid=156269]

The sustainable 6+ energy rated development includes a number of resident only amenities, including a swimming pool and gym, cinema, a lounge and library space, kids play hut, bike workshop and even a golf simulation room.

There are only one and two bedroom apartments&nbsp;left, with one beds priced from $515,000 and two bedroom apartments from $740,000.

Coppins Corner,&nbsp;&nbsp;Cremorne 
Prices: Starting from $462,000

Coppins Corner is the newest Cremorne development&nbsp;by Caydon, who are transforming the&nbsp;former Nylex site&nbsp;into The Malt District,&nbsp;a&nbsp;mixed-use residential and commercial development that retains elements of its industrial past.

[smartcode_project:default project_id=3075 project_image_fid=155325]

Coppins Corner is stage one of the project, and has a&nbsp;historical local&nbsp;reference to the 1850s Richmond and&nbsp;Cremorne&nbsp;identity George Coppin.

The split-level tower of 15 and 12-storeys, designed by Fender Katsalidis, homes&nbsp;209 one, two and three bedroom apartments,&nbsp;with&nbsp;retail and hospitality located on the lower levels.

<blockquote>
&quot;The iconic nature of the site, paired with the location being within close proximity to Melbourne&rsquo;s CBD and sporting precinct has attracted many buyer types to The Malt District.

&ldquo;Whether you&rsquo;re an upgrader, a downsizer or a first home buyer, there&rsquo;s something pretty special about owning an apartment within a precinct that is quintessentially Melbourne.&rdquo;

Caydon&#39;s sales and marketing director Steve Williams
</blockquote>

Residents will have access to the health club, where there&#39;s a state of the art gym, relaxation centre, steam room and sauna, as well as a meditation room and&nbsp;massage pod.

The rooftop features a lush garden with outdoor seating, undercover barbecue facilities and a kitchen.

Prices start from $462,000 for a one bedroom apartment, from $695,000 for the two bedders and the three bedroom apartments from $1.4 million.

[smartcode_project:default project_id=3075 project_image_fid=155313]

VCON win $50 million contract to build Landream and V-Leader's Brighton apartment development The International

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Local developer Pierce Property have appointed the award-winning construction company Dymanic Projects to build their $14 million luxury development Riserva in Sydney's Cammeray.

Dynamic, established in 2009, have won a number of Master Builders awards and have built boutique developments before in the nearby Neutral Bay and Mosman, as well as building the Westfield in Canberra's Belconnen.

They'll start construction on the boutique development of 18 apartments designed by DKO on Sydney's lower north shore soon, with completion slated for late 2022.

Already half of the Riserva apartments have been snapped up by owner-occupiers.

[smartcode_project:default project_id=13951]

Pierce Property director Andrew Zhao said Dynamic Projects has an excellent reputation and a solid track record having delivered several similar boutique, high-end developments to an exceptional standard.

"The company’s workmanship is remarkable which aligns with our principles at Pierce Property in striving to deliver an unmatched quality for our buyers,” Mr Zhao said.

Ray White Projects managing director Eddie Mansour said Riserva Cammeray offers an exclusivity highly sought after in this part of Sydney’s prestigious lower north shore.

<a href="/buildings/riserva-63-carter-street-cammeray"><img alt="" height="1120" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/riserva_cammeray.jpg" width="1600"></a> Riversa's facade, designed by DKO. Image supplied

“With construction soon to be underway, buyers can plan to move in to their immaculate new homes by late 2022,” he said.

“Riserva Cammeray is the ultimate downsizer or empty-nester opportunity where lifestyle is really at the top of mind – a highly private and exclusive address, with sweeping views of Middle Harbour and tree top canopies – all within six kilometres to the Sydney CBD.”

The five level development has just a handful of two and three bedroom apartments remaining. Two bedders start from $1.6 million, while three bedrooms start from $2.29 million.
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Already half of the Riserva apartments have been snapped up by owner-occupiers

Construction looms at the luxury Riserva Cammeray as builder appointed

Gary Dempsey Developments&nbsp;have recently launched the highly anticipated final release at their coveted <a href="/buildings/siskas-at-taskers-9-15-mccabe-street-north-fremantle">Taskers development</a>. Today's display suite tour will take a look at <a href="/buildings/siskas-at-taskers-9-15-mccabe-street-north-fremantle">Siskas</a>, the stunning new coastal development positioned on the isthmus between the Swan River and the Indian Ocean.

Take a look at our display suite tour:

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="415" src="https://www.youtube.com/embed/bB6idlsXVWg" title="YouTube video player" width="660"></iframe>

<h2>SISKAS&nbsp;AT A GLANCE</h2>

Developer:&nbsp;Gary Dempsey Developments

Architects:&nbsp;ZMH Architecture and Craig Steere Architects

Homes from:&nbsp;$595,000

Location:&nbsp;9-15 McCabe Street, North Fremantle WA 6159

[smartcode_project:default project_id=7864]

Siskas is a bespoke&nbsp;collection of luxurious residences designed by ZMH Architecture and Craig Steere architects.&nbsp;

All kitchens have been designed for low maintenance luxury living. You've got stainless tapware, top-of-the-line Gaggenau and Miele appliances and bespoke cabinetry, with a palatial island benchtop perfect for entertaining.

The homes include a 'seven-layered party wall system' for acoustic soundproofing and floor-to-ceiling double glazed windows and doors – letting in lots of natural light and showcasing the spectacular ever-changing panorama encompassing Swan River to the Indian Ocean.

<a href="/buildings/siskas-at-taskers-9-15-mccabe-street-north-fremantle"><img alt="" data-entity-type="" data-entity-uuid="" height="980" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/taskers-9-15-mccabe-street-mosman-park-2e7ae7b67003641ad7024a2a140a23c6.jpeg" width="2000" /></a>

All bathrooms include vanities which have been artistically crafted with timber joinery and a stone basin. The showers are semi-frameless, with built-in storage and a dual shower head.&nbsp;

From luxury apartments to the building's lavish penthouse, attention to detail is impeccable throughout the property. Many of the bedrooms feature walk-in wardrobes with bespoke timber joinery, and floor-to-ceiling double glazing to make the most of the spectacular ocean views on offer.&nbsp;

Luxurious resort-style amenities are available for resident use, with the site boasting 3,000 square metres of private parklands, and even a Vertical take-off and landing station to cater to air travel and drone deliveries.

Not only has Siskas at Taskers been designed to facilitate future technological advancements, but its environmental rating of 7.5 stars means a reduced carbon footprint and potential for lower utility costs in future.

<a href="/buildings/siskas-at-taskers-9-15-mccabe-street-north-fremantle"><img alt="" data-entity-type="" data-entity-uuid="" height="2938" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/taskers-9-15-mccabe-street-mosman-park-aaa22c2a76bd8c615471ae7359553940.jpeg" width="5000" /></a>

To learn more about the properties available for sale, <a href="/buildings/siskas-at-taskers-9-15-mccabe-street-north-fremantle">request a call from a sales consultant today</a> via Apartments.com.au.

Olivia Round

Display Tour: Siskas at Taskers by Gary Dempsey Developments in North Fremantle, WA

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Developers are circling a potential residential development site in Mermaid Beach ahead of its late April auction.

The site, at 2417-2419 Gold Coast Highway, was the original Gold Coast Highway Mermaid Beach Motel, dating back to the 1960s. It was also previously known as the Castle Motor Inn, or to locals The Castle.

But its prime 817 sqm position, just 250 metres from the beach, is interesting developers who are struggling to find development sites for their next projects in the booming Gold Coast market where current stock is flying off the shelves.

Harcourts Coastal agent Jared Johnson, who is marketing the property alongside Lachlan Marshall and Guy Powell, says they've already received 130 enquiries.

"Nearly all of the enquiry has come from developers who are scoping out future residential developments", Johnson says, adding that currently there are little to no opportunities around the area to secure such a prominent location.

Currently the building is 100 per cent leased to eight tenants, with an annual income of $147,420 fully leased. But a projected total income per week is closer to $190,000, once the current leases expire.

The site goes under the hammer April 24. For more details contact:

<ul>
<li>Jared Johnson of Harcourts Coastal Commercial</li>
	<li>0423 386 939 | j.johnson@coastal.com.au</li>
</ul>
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Harcourts Coastal agent Jared Johnson says they've already received 130 enquiries.



Developers descend on rare Mermaid Beach development site

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The demand for apartments in Perth is as high as anywhere in the country, and has been one of the market leaders across the capitals during 2021.

Apartment values rose 3.8 per cent in Q1 2021, outperforming all capitals except for Hobart, according to CoreLogic, with demand continuing to rise across the sector.

The soaring house prices in Perth are contributing to the demand for apartments, with homeowners jumping on the opportunity to sell in the current climate.

Gavin Hawkins, director of the Perth-based developer Edge Visionary, says Edge are seeing many buyers taking advantage of the positive market conditions to put their house on the market.

Hawkins has seen it first hand at Edge's west Perth development Eden Floreat, which has been a hit with downsizers.

[smartcode_project:default project_id=7761]

Edge have recently completed the first stage of the development known as Eden West. Designed by Hillam Architects and built by BGC Construction among the treetops at Perry Lakes, Eden West is made up of 101 apartments over five levels.

"Eden West represents a timely opportunity for them to transition into an apartment lifestyle," Hawkins says.

"At Eden, residents have the same, or arguably better, amenities than those of an extravagant home, without the maintenance and ongoing costs."

The landscaped central courtyard features a 25m heated lap pool, spa, sauna, steam room, yoga studio, gymnasium, cinema, sunset terrace, formal and alfresco residents’ lounge with fireplace and wine cellar, and games room.

<a href="/buildings/eden-apartments-1-finishline-view-floreat"><img alt="" height="800" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/eden_2.jpg" width="1200"></a> Eden Floreat's lap pool. Image supplied

There's also parkside café, Eden by Cup &amp; Co, the first-of-its-kind café in Perry Lakes.

Hawkins says Eden Floreat has been popular with local downsizers due to the size of the apartments.

Eden West secured 80 per cent of its apartment sales before construction was complete having launched in 2019. The second stage of Eden Floreat, Eden East is due for completion in December.

There are only three and four bedroom apartments and penthouses, and private two-storey townhouses available at Eden Floreat, with prices starting from $995,000. 

About the developer

Edge Visionary Living is an award-winning developer with numerous apartment projects in and around Perth. These include award-winning Botanical in Subiaco, Vantage Riversedge in Rivervale, Arthouse in Joondalup, and Lumiere South Perth and Riviere Residences in Applecross, which are coming soon.
</body></html>

The soaring house prices in Perth are contributing to the demand for apartments, with downsizers seeing the opportunity to sell

Perth house and apartment boom sees downsizers flock to Eden Floreat

<a href="/buildings/melbourne-square-93-119-kavanagh-street-southbank">Melbourne Square</a> has been designed by Cox Architecture, with interiors by Carr Design, creating intelligently crafted spaces that make the most of the spectacular city views on offer.

There are four distinct design themes by Coco Republic to choose from, The Manhattan, which offers a sophisticated dark palette,&nbsp; the Bondi which has a coastal feel, Paris boasts timeless luxury and Soho showcases monochromatic industrial style.&nbsp;

The brand new selection of homes feature kitchens that boast the most luxurious marble block island benches, with Kohler tapware, state-of-the-art Miele appliances, 5-burner gas hobs and DynaCool refrigeration.

<a href="/buildings/melbourne-square-93-119-kavanagh-street-southbank"><img alt="" data-entity-type="" data-entity-uuid="" height="4438" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/kaye_1084_hr_for_print.jpg" width="6658" /></a>

All bathrooms in this collection include a semi-frameless shower, concealed cisterns, ample storage and modern tapware, with large mirrored cabinets above the dual vanities.&nbsp;

Each bedroom boasts stunning views via floor-to-ceiling glazing, with plenty of built-in wardrobe space and integrated heating and cooling. Master suites offer a unique panoramic city vista so you can go to sleep watching the sparkling Melbourne city lights, and with the flick of a switch, you can extend the automated block-out blinds. Master suites also include extra spacious walk-in wardrobes and bespoke study nooks, giving you the freedom to work from home.

For a limited time, 2 &amp; 3 bedroom apartment buyers can secure a Life &amp; Style Edition package, which includes stunning Coco Republic furniture and a custom design experience, integrated DARWIN by Delos wellness technology, Samsung white goods and a voucher for The Plant Society to include an indoor planting environment to ensure wellness is maximised.&nbsp;

[smartcode_project:default project_id=2929]

To learn more about Melbourne Square or to visit the display suite, <a href="/buildings/melbourne-square-93-119-kavanagh-street-southbank">request a call from an OSK Property sales consultant</a> via Urban today.&nbsp;

Melbourne Square: The Design Details

<html><body>The empty office space in Sydney’s CBD could be transformed into residential apartments, according to NSW’s chief economist Stephen Walters.

He's told Nine Entertainment that while the central business district would eventually it would never return to pre-COVID days.

“We are not coming back in 100 per cent five days a week and so the reality is the demand for office space is not going to be what it used to be,” Mr Walters said.

He acknowledged it would take changes to planning laws.

“It could be that those extra unused floors are sublet, or even turned into residential so you have retail on the bottom, offices in the middle and residents up top,” Mr Walters said.

“That is how they do it in other cities like Hong Kong and London.”

Walters referenced downtown Manhattan, which after September 11, 2001, was transformed from a financial district into a residential precinct.

Walters will chair the state government’s second CBD Summit this week.

It will be given a report on Transport NSW data showing the number of trips into the CBD jumped to 18 million in the first quarter of this year, which while down on the 30 million trips in the same quarter last year, was up on the 8 million trips between April and July when the lockdowns were at the peak of the pandemic.

The City of Sydney contributes around 20 per cent of the state’s GDP.

NSW Treasurer Dominic Perrottet affirmed to the Sydney Morning Herald the CBD needed to be more than a business-only district.

“The CBD won’t be the same in a post-pandemic world and we need a grand vision which is a 24-hour thriving metropolis that is befitting of Australia’s only truly global city.

“This will be mix of commercial and residential and will reflect the changing nature of work.”

Office buildings in Sydney were 50 per cent occupied in March.
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NSW’s chief economist Stephen Walters acknowledged it would take changes to planning laws

jchancellor

Stand by for Sydney's empty office space conversion into apartments: NSW chief economist

<html><body>
ANZ has today revealed it is cutting its variable package rates for new borrowers by between 0.35% and 0.90%, bringing its package rates into line for all loan amounts.  

Canstar’s research shows the average variable package rate from the major banks is 3.43% and ANZ now offers the lowest of the major banks’ variable package rate offers for owner occupiers at 2.99% (3.42% comparison rate).

The changes for owner occupiers paying principal and interest (80% LVR) are as follows: 

<img alt="" height="231" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/anz_rate_cut.jpg" width="741">

Canstar Group Executive, Financial Services, Steve Mickenbecker says “Today’s cut from ANZ is the first cut to a variable rate by one of the big four banks since September last year, as interest rate cuts have since been focused on fixed rates.”

“The decrease from ANZ is being passed on to new borrowers by way of increasing the discount applied to its standard variable rate and will not be passed on to existing borrowers. "

“ANZ now offers the lowest package rate among the major banks and it would not be surprising to see others moving down the same path."

[smartcode_project:default project_id=4939]

“ANZ is seeking to grow its share of low risk business, with the gap between lending to borrowers with equity below 20 per cent and those with greater equity widening from 5 to 20 basis points," he concluded.
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ANZ has today revealed it is cutting its variable package rates for new borrowers by between 0.35% and 0.90%

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