ANZ believes the Reserve Bank is in no rush to move again.

Following the release of the May Monetary Policy Board Minutes, ANZ has taken the view that the RBA is now firmly in a holding pattern, with the cumulative impact of previous rate hikes giving the Board scope to assess how the economy evolves from here.

That positioning, in ANZ’s view, makes a June rate hike unlikely.

The bank continues to expect the cash rate to remain unchanged at 4.35 per cent for an extended period, with the RBA adopting what is effectively a wait-and-see approach.

The Minutes point to a Board that sees financial conditions as already restrictive, but without a clear read on just how restrictive they are. That uncertainty has shifted the focus away from immediate policy action and toward monitoring both domestic conditions and global developments, particularly the conflict in the Middle East.

As ANZ interprets it, the Board is deliberately avoiding strong forward guidance.

Instead, it is allowing itself flexibility, acknowledging that monetary policy has limited ability to influence the near-term trajectory of inflation, while also recognising that economic growth is likely to remain below potential for some time.

Despite that pause in momentum, ANZ notes that the Board still carries a tightening bias.

The Minutes reveal that, in weighing up its decision, the Board seriously considered another 25 basis point increase. The key debate centred on the trade-off between inflation and activity, particularly in the context of global uncertainty.

Ultimately, most members leaned toward the inflation side of that equation.

Underlying inflation is still expected to remain above target for an extended period, regardless of how external risks evolve. That has led to a view within the Board that the risks to its inflation objective have increased, and that the current cash rate may not be sufficiently restrictive to fully contain those pressures.

That’s important.

While the decision, for now, is to hold, the underlying tone of the Minutes suggests the door to further tightening has not been closed.

ANZ also points to commentary from Assistant Governor (Economic) Sarah Hunter, who highlighted the risk that inflation could pass through the economy more quickly and broadly than in previous cycles. Both Hunter and a majority of the Board expressed concern that inflation expectations could become less anchored after such a prolonged period above target.

That combination, persistent inflation and the risk of expectations shifting, is what continues to underpin the RBA’s cautious stance.

However, where ANZ diverges from the RBA is on the outlook for activity.

The Board appears relatively comfortable with current spending patterns, effectively downplaying recent declines in business and consumer sentiment. It notes that sentiment has historically been only weakly correlated with actual spending, and that feedback from its liaison program has not yet pointed to a meaningful slowdown in consumption.

ANZ is less convinced.

The bank believes the link between household disposable income, sentiment and spending is more direct than the RBA is currently acknowledging. With inflation continuing to erode real incomes, ANZ expects household spending to soften more materially than the central bank is forecasting.

That divergence matters because it shifts the balance of risk.

If activity weakens more than expected, the trade-off between inflation and growth changes. In ANZ’s view, that would reduce the need for further tightening and reinforce the case for the RBA to remain on hold.

It also suggests that the current policy setting may already be doing more work than the Board fully appreciates.

The broader takeaway from ANZ’s interpretation is that the RBA is walking a narrow path.

On one side sits the risk of inflation remaining elevated for longer than expected. On the other is the growing pressure on households and the potential for a sharper slowdown in activity.

For now, the Board is choosing to wait.

But it is a pause that still carries an underlying tightening bias, rather than a clear pivot toward easing.

In practical terms, that leaves the cash rate anchored at 4.35 per cent for the foreseeable future, with the next move still uncertain.

For borrowers, it reinforces the reality that relief is not imminent.

And for the broader economy, it highlights the delicate balance the RBA is trying to strike, between bringing inflation back to target and avoiding an unnecessarily sharp slowdown in growth.

According to ANZ, it is a balance that is becoming increasingly difficult to maintain.

Joel Robinson

RBA to hold rates for "prolonged period" rather than hikes: ANZ

<a href="https://www.apartments.com.au/developers/venturecrowd-property-projects">VentureCrowd</a> is down to the final Canopy Villa release at Cumulus Grand Villas in Carrara, as construction continues on the 59-residence gated community positioned above 100 hectares of natural savanna on the Gold Coast.

The remaining Canopy Villa forms part of one of four collections within the <a href="https://www.apartments.com.au/architects/bda-architecture">BDA Architecture</a>-designed community and has attracted interest from buyers seeking larger-format homes that combine privacy, security and low-maintenance living. Positioned within a private cul-de-sac and facing a protected black she oak forest, the four-bedroom villa includes a large private outdoor area suited to pet owners and families wanting more flexible space.

<a href="https://www.apartments.com.au/new-townhouses/cumulus-grand-villas-carrara-17-baltimore-court-carrara-qld-4211">Cumulus Grand Villas</a>, located at 17 Baltimore Court, comprises a mix of three and four-bedroom villas across the Skyline, Canopy, Savanna and Broadview collections. Prices currently range from $1.455 million to $1.895 million, with the final Canopy Villa priced from $1.825 million.

[smartcode_project:default project_id=135663 project_image_fid=360477]

The Canopy Collection villas offer four bedrooms, 2.5 bathrooms and approximately 245 sqm of internal space, alongside double garages and landscaped private areas. Expansive glazing, open-plan living spaces and private balconies have been designed to maximise natural light and outlooks toward the surrounding savanna landscape.

Construction is now underway across the fully funded development, which VentureCrowd says has become an increasingly important consideration for buyers assessing off-the-plan opportunities on the Gold Coast. The project is being delivered by <a href="https://www.apartments.com.au/builders/devcon">Devcon Property Group</a>, which has operated in South East Queensland since 1993 and delivered more than 1,000 homes across the region.

VentureCrowd Director of Property David Whitting previously said the project responds to changing buyer priorities in the prestige Gold Coast market.

“Flexible floorplans have proven particularly relevant for purchasers aged between 40 and 65, including next home buyers, downsizers and investors,” Whitting said.

[smartcode_project:default project_id=135663 project_image_fid=360505]

The buyer profile at Cumulus has reflected that shift toward owner-occupier-driven demand. Stuart Towns and Tracey Loynes recently purchased a Canopy Villa, drawn to both the lifestyle offering and the flexibility the home provided for their next stage of living together.

The couple, who met three years ago, sold their Robina home earlier this year after identifying what they saw as strong long-term investment potential at Cumulus while remaining within the same Gold Coast market. The villa’s private backyard was a major drawcard for their dog Luna, while proximity to golf courses including Emerald Lakes also aligned with their lifestyle interests.

Beyond the residences themselves, the community has been planned around shared lifestyle and recreation amenities. The Infinity Terrace will include a 20-metre heated pool, barbecue facilities, alfresco dining spaces and elevated retreat areas overlooking the surrounding landscape. Walking trails, a private nature reserve, orchard and herb garden are also integrated into the masterplan.

[smartcode_project:default project_id=135663 project_image_fid=360473]

BDA Architecture Director Darren Greenaway said the design approach was heavily influenced by the site’s outlook and secluded setting.

The practice sought to create what Greenaway described as a “little piece of paradise,” drawing inspiration from the elevated views, surrounding greenery and quiet location.

<a href="https://www.apartments.com.au/developments/carrara-qld-4211">Carrara</a> continues to attract buyers seeking larger homes within proximity to the coast but without direct beachfront pricing. Cumulus sits within easy reach of Broadbeach, Pacific Fair, Robina Town Centre and the M1, providing connections north to Brisbane and south toward the Gold Coast Airport and northern New South Wales.

The first stage of Cumulus Grand Villas is targeting completion in 2026.

[smartcode_project_cta:default project_id=135663]

VentureCrowd nears sell-out of Canopy Collection at Cumulus Grand Villas in Carrara

Waverley Council has made a call that many councils have been reluctant to make publicly. Growth is coming, regardless of who controls it.

The release of the Bondi Junction Vision and Master Plan is less about whether the Eastern Suburbs’ primary centre will change, and more about how that change is shaped, funded, and ultimately experienced on the ground. Waverley Council has released a 100-page plan which is effectively the first comprehensive blueprint for Bondi Junction in over two decades, and in doing so, signals a clear shift in how councils are positioning themselves in the current planning environment.

For the past 18 months, the conversation across New South Wales has been dominated by the State Government’s Low and Mid-Rise Housing reforms and the emergence of the Housing Delivery Authority pathway. Both have created faster, more centralised avenues for development approvals, particularly in well-located, infrastructure-rich areas like Bondi Junction.

Waverley Council’s response has been to move early, and decisively.

Rather than react to individual proposals as they come through the HDA or broader State-led reforms, Council has sought to establish a clear, place-based framework that sets the terms for how Bondi Junction evolves. The underlying position is relatively straightforward: if densification is inevitable, it should be tied to infrastructure, public domain improvements, and a cohesive vision for the centre, not delivered piecemeal through ad hoc applications.

<img alt="bondi junction" data-entity-type="file" data-entity-uuid="7f1f729c-ed99-4c6c-bf87-ffbce6991941" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-19%20at%209.58.16%E2%80%AFAM.png?VersionId=ULX4OlXKjeJ5BvNCNGL86evgXCjCfMih" />

At its core, the document is attempting to reposition Bondi Junction from what it largely functions as today, a transport interchange anchored by a major retail centre, into something far more layered. The ambition is to transform it into what the plan describes as the “civic and cultural heart of Sydney’s East,” a place that is active beyond commuting hours and capable of supporting a broader mix of uses, experiences and communities.

That repositioning is built around four key ambitions.

The first is to create a true destination. Bondi Junction already attracts significant foot traffic, with more than 86,000 daily transport users and millions of annual retail visits, but much of that activity is transient. People pass through, rather than stay.

The Master Plan seeks to change that dynamic. It leans heavily into the idea of an “18-hour economy,” extending activity well beyond traditional retail hours through dining, cultural programming, events, and a more active night-time offering. This is not just about adding more hospitality venues, but about fundamentally shifting how the centre operates, from a daytime shopping destination to a place that functions across the full span of the day and into the evening.

Oxford Street Mall sits at the centre of that shift.

Long seen as underperforming relative to its potential, the Mall is identified as one of the key catalyst projects in the plan. It is to be reimagined as a day-to-night spine, combining retail, dining, wellness and cultural uses in a way that creates a continuous flow of activity. Outdoor dining, rooftop venues, laneway activation and a curated events program are all part of the strategy, alongside significant public domain upgrades that aim to improve comfort, safety and usability.

&nbsp;

The second ambition is to transform Bondi Junction into a world-class interchange.

Despite being one of the most heavily used transport nodes in Sydney, the current experience is fragmented. Connections between the station, Westfield, Oxford Street Mall and surrounding streets are often unclear, and major roads create physical barriers that disrupt pedestrian movement.

The Master Plan proposes a more seamless, people-focused network. That includes clearer pedestrian links, improved wayfinding, better integration between transport modes, and a rethinking of how arrival into the centre is experienced. The aim is to shift the perception of Bondi Junction from a place people move through, to a place they arrive in.

The third ambition focuses on greening and open space.

One of the more consistent pieces of community feedback throughout the Vision phase was the need for more greenery, better public spaces, and a more comfortable urban environment. Despite being surrounded by major parks, Bondi Junction itself has relatively limited accessible open space, with much of the public realm dominated by hard surfaces and traffic infrastructure.

The plan responds with a network of new and upgraded public spaces, increased tree canopy, and what it terms the “Parkline,” a green link connecting Waverley Park through to Centennial Park. This is not just about aesthetics. It is about addressing heat, improving liveability, and ensuring that increased density is matched by access to high-quality outdoor space.

The fourth ambition is perhaps the most important from a development perspective: growth that gives back.

Bondi Junction is already the primary location for new housing supply in the Waverley LGA, and that is expected to continue. The area carries a target of 2,400 new dwellings by 2029, with further growth projected beyond that as demand for well-located housing continues to rise. The Master Plan does not seek to limit that growth. Instead, it attempts to shape it.

New housing is to be concentrated around transport, with stepped building heights designed to protect the character of surrounding neighbourhoods. At the same time, the plan introduces a more explicit link between development uplift and public benefit. This is where value capture becomes central.

The document outlines a framework where increased development potential is tied to contributions that fund public domain improvements, community infrastructure, open space, and affordable housing. It is an approach that recognises that much of the transformation of Bondi Junction will be delivered by the private sector, but seeks to ensure that the benefits of that growth are shared more broadly. The Civic Precinct is a key part of that equation.

Leveraging Council-owned land, the plan proposes a consolidated civic and cultural hub centred around Ebley Street. This would include new community facilities, cultural spaces, and potentially a new Council Chambers, creating a focal point for civic life that currently does not exist in Bondi Junction at scale.

It is one of several catalyst projects identified in the Master Plan, alongside the Oxford Street Mall transformation. These projects are intended to anchor change, acting as early interventions that unlock broader investment across the precinct.

Importantly, the Master Plan is not just a design document. It includes a delivery framework that sets out how these ambitions are intended to be realised.

Council is explicit in acknowledging that it cannot deliver the transformation alone. Implementation will require coordination between State agencies, private developers, landowners and the community, with a mix of planning agreements, infrastructure contributions and direct delivery mechanisms used to fund and stage improvements over time.

The plan outlines a mix of short-term, medium-term and long-term actions, from immediate public domain upgrades and planning controls, through to larger-scale projects that will unfold over the next decade or more. In practical terms, the next 12 to 24 months will be the most important.

This is when the Master Plan will move through exhibition, refinement and eventual adoption. It is also the period in which Council will seek to embed the framework into its planning controls, giving it weight in the assessment of future development applications.

Council officers have indicated that once the Master Plan is in place, it could be used as a benchmark when assessing Housing Delivery Authority proposals, and potentially reduce the need for further HDA declarations within Bondi Junction. In effect, it is an attempt to bring planning control back to the local level, while still aligning with State housing targets.

That tension between State-led reform and local planning control is not unique to Waverley. It is playing out across Sydney.

&nbsp;

&nbsp;

&nbsp;

If delivered as intended, Bondi Junction will become denser, more active, and more complex. It will support more residents, more workers, and a wider range of uses, extending beyond its current retail core into a more layered urban environment.

“The civic and cultural heart of Sydney’s East”: Bondi Junction masterplan revealed

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.

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

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>

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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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Beyond Hurstville is the latest project from the design-minded developer Fridcorp.

The $700 million project at 93 Forest Road, Hurstville in Sydney's south-west has 563 apartments across four towers and is set to be one of the best mixed-use developments in the suburb.

Urban has taken a look at the eight reasons why Beyond Hurstville should be on your shortlist.

[smartcode_project:default project_id=6798]

<h2>1. The developer</h2>

The Melbourne-based Fridcorp is one of Australia's most designed-focused developers. Founded in 1997 by Paul Fridman and Nigel Givoni, Fridcorp have primarily focused their development efforts in their home state, which makes a quality Fridcorp development in Sydney hard to find,

They developed the Erskineville apartment development Eve, comprising 197 apartments, which they completed in 2016, as well as the nearby apartment and townhouse development Wonder.

They've had success with a number of developments in South Yarra including Avenue and lilli.

Fridcorp believed in Beyond Hurstville so much that last year they bought out the remaining 50 per cent share of the project from Wingate.

<h2>2. Architects </h2>

Fridcorp called in DKO Architecture, who designed Eve in Erskineville, and Woods Bagot, to create the four sculpted towers articulating a timeless, organic form.

The two revered architects have worked in collaboration alongside 360 Degrees Landscape and Piety Group to deliver the project which will also feature work from artists Dina Broadhurst and Brooklyn Whelan.

<a href="/buildings/beyond-hurstville-93-forest-road-hurstville"><img alt="" height="784" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/beyond_hurstville_1_0.jpg" width="1200"></a>

<h2>3. Wellness by Fridcorp</h2>

Fridcorp recognised the need for residents to have more than just a solid wellness focus within its communal facilities.

‘Wellness by Fridcorp’ systems introduced in the apartments focus on enhancing the natural elements of indoor air, water and light through air purification, water filtration and innovative circadian lighting technology to promote a well-balance mind, body and regenerative sleep.

<a href="/buildings/beyond-hurstville-93-forest-road-hurstville"><img alt="" height="846" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/beyond_living_room.jpg" width="1200"></a>

<h2>4. Wellness features in the development</h2>

The wellness elements of Beyond Hurstville don't just exist in the apartment. The development features a raised podium complete with a gym, yoga studio, sauna, tai chi meditation deck, community garden and a communal sports court.

Residents will be able to reserve spaces using the Beyond community mobile phone application, as well as access a virtual concierge, book a dog walking service or a personal training session.

The app will also allow users to connect with the precinct and wider Hurstville community, explore nearby activities and receive offers from local retailers.

<a href="/buildings/beyond-hurstville-93-forest-road-hurstville"><img alt="" height="718" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/beyond_hurstville_2_0.jpg" width="1200"></a>

<h2>5. Dine with friends</h2>

On the same podium there's an indoor dining and lounge area as well as outdoor barbecue pods and teppanyaki grills set in lush landscaped gardens from 360 Degrees Landscape.

There will also be restaurants located at the foot of the building.

<a href="/buildings/beyond-hurstville-93-forest-road-hurstville"><img alt="" height="1061" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/beyond_hurstville_dining.jpg" width="1600"></a>

<h2>6. Affordable entry price</h2>

First home buyers have already descended on Beyond Hurstville due to its entry price.

One bedroom apartments in Beyond Hurstville start from $585,000, well below the soaring Sydney median apartment price of $738,254. CoreLogic's monthly update in March saw apartment prices rise 1.2 per cent over February.

The one bedroom apartments with a multi-purpose room are just over the median, starting from $785,000. Two bedrooms are priced from $870,000 and three bedrooms from $1,325,000.

<a href="/buildings/beyond-hurstville-93-forest-road-hurstville"><img alt="" height="862" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/beyond_living_room_2.jpg" width="1200"></a>

<h2>7. Location</h2>

Hurstville has a pedestrian-friendly walk score of 81/100, meaning most daily tasks can be accomplished on foot, while walking trails and bike paths connect Hurstville to surrounding suburbs and parklands.

The development is also close to a range of schools, from day care age through to secondary school.

To find out more about what's near Beyond Hurstville, <a href="/news/nsw/amenity-highlights-whats-within-walking-distance-of-beyond-hurstville">click here</a>.

<h2>8. Convenience</h2>

On the doorstep of the mixed-use building is a 4,500 sqm retail precinct, anchored by Woolworths. There will be a number of specialist retail stores surrounding the supermarket.
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The $700 million project in Sydney's south-west has 563 apartments across four towers and is set to be one of the best mixed-use developments in the suburb.

Eight reasons Hurstville apartment development Beyond Hurstville should be on your shortlist

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Move-in date is approaching for buyers in Melbourne's latest Docklands apartment complex, The Docklands Residences.

The 88 apartments have been built above a 200 room Marriott Hotel, the first built in Australia for over two decades.

It allows apartment buyers access to onsite amenities rarely seen in regular apartment developments across the country.

They will be able to enjoy the use of 5-star hotel amenities including a spectacular infinity pool with views across Melbourne, its adjoining pool bar, a gym, sauna and spa, as well as Marriott’s hotel services such as room service, concierge and housekeeping.

Urban recently spoke to Jesse Lindardi, director at architecture firm DKO, and Mohan Du, founder and chief executive of Capital Alliance, about The Docklands Residences design and why the Docklands area was chosen for the development.

[smartcode_project:default project_id=3205]

JR: What was the brief DKO Architecture were given for the project? 
JL: The brief was to create a sleek and modern hotel that boldly illustrates the evolution of the 5-star Marriott brand while providing integrated residences where owners can experience all of the amenities a premium hotel can provide.

The result is a distinguished design housing 200 first-class hotel rooms as well as 110 contemporary residences across dual towers.

JR: Where was the inspiration from the design drawn from? Any building/experience in particular? JL: To find inspiration for the form of the building, we only had to look at the luxury yachts around Docklands. Our architecture is imbued with a similar elegant, curved design.

A translucent screen wraps around the building, providing winter gardens enclosed in glass, with the curved façade providing multiple and enviable aspects of the water, the city and the Bolte Bridge. Sleek, sculptural, sophisticated - the architecture of Marriott Docklands presents a new landmark of luxury inspired by the timeless style of the city at its door.

<a href="/buildings/the-docklands-residences-3-43-waterfront-way-docklands"><img alt="" height="804" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/docklands_residences_3_0.jpg" width="1200"></a>

JR: What was the most difficult part of the planning process? JL: The most difficult part of the planning process was ensuring the building didn’t negatively affect the street’s pedestrian experience.

The building’s form and orientation were carefully considered to minimize overshadowing to the nearby NewQuay Central Park, while wind studies determined a more curved form to enable wind to flow around the building, rather than deflecting down to the street.

JR: How important are the amenities to a project like this?  JL: Extremely. There’s an aspiration and expectation from a luxury brand like Marriott – and this is experienced as soon as you walk in the door. Melbourne-based artist, Alexander Knox, has created an impressive sensory public art installation within the lobby. The remarkable large-scale, multi-media piece draws reference from the site’s history and reflects the unique character of its location. 
Not only are there ground-floor restaurants, executive facilities and state-of-the-art function spaces, but sitting high at level 15 is a chic bar capitalizing on the building’s spectacular views. And you can’t forget the stunning rooftop infinity pool. The hotel will be a flagship in Australia and a true example of the Marriott brand’s sophisticated style and innovative functionality.

JR: Was the plan always to have an open rooftop infinity pool? 
JL: There was a desire to create something spectacular for the pool. From 15 storeys high, visitors and residents can take in the wonderful 180-degree views of CBD and Yarra River with the vanishing edge giving the impression you could paddle out among the skyscrapers. At night, tiny fibre optic lights at the base of the pool twinkle to spectacular effect – the perfect place to sip a poolside cocktail.

<a href="/buildings/the-docklands-residences-3-43-waterfront-way-docklands"><img alt="" height="899" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/docklands_residences_2.jpg" width="1200"></a>

JR: What was so appealing about the site and/or the Docklands area? MD: Docklands was always touted as the Waterfront City, often compared to areas nearby Darling Harbour. Needless to say, Docklands has had its difficulties and stigmas. However, it's evident Docklands has changed drastically over the last 5 years.

As a new business at the time, this was an opportunity for us to stand behind and create something that would positively contribute to this fantastic suburb. Therefore, the most appealing aspect of the site was that when no one wanted to invest in Docklands, we saw that as an appealing opportunity. We have taken this approach to all our projects.

JR: What are the benefits for buyers/residents in a mixed-use hotel development? MD: All residents living atop 5-star Melbourne Marriott Hotels Docklands will be able to get exclusive Membership access to a range of services and amenities provided by the hotel. This includes the use of the infinity pool, pool bar, gym, spa, and room service - all with strict adherence to conditions.

Having access to all these services and amenities right at your doorstep offers a unique convenient lifestyle, which we have seen become desirable in other metropolis cities like New York, London, Singapore, and Hong Kong.
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The 88 apartments have been built above a 200 room Marriott Hotel, the first built in Australia for over two decades

Why owner-occupiers love The Docklands Residences: Urban chats with architecture firm DKO and Capital Alliance founder Mohan Du

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Whether entertaining, dining or just admiring the view, stunning vistas are a great addition to residents’ quality of life.

Beautiful panorama's not only provide gorgeous eye candy but are also a significant value addition to many properties.

Here are eleven properties in Victoria with incredible urban vistas

1. 661 Chapel Street 
Address: 661 Chapel Street, South Yarra VIC 3141 
Two-bedroom apartments from $798,000

[smartcode_project:default project_id=600]

<a href="/buildings/661-chapel-street-661-chapel-street-south-yarra"><img alt="" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/661_chapel_street_vista.jpg"></a>

Gamuda Land's 661 Chapel Street is one of Melbourne’s latest luxury developments with 116 one, two, three and four-bedroom residences available across 30 floors.

Sales are well underway on the bird de la Coeur architects designed project, which was completed last year, with local and international buyers snapping up the apartments quickly.

Situated beside the Yarra River, 661 Chapel Street enjoys views of the river, Melbourne CBD and the Bay.

Among its extensive hotel-inspired resident amenities, it boasts a winter garden, 25-metre pool and members’ lounge; all of which you can enjoy a stunning view from.

2. Canvas 
Address: 272 Barkly Street, Brunswick VIC 3056 
Two-bedroom apartments from $680,000

[smartcode_project:default project_id=29358]

ID_Land’s latest Brunswick development, Canvas offers residents a premier home with breathtaking vista's.

Designing a building offering a collection of 62 one, two and three-bedroom apartments, Rothelowman Architects has placed people at the cornerstone of their design.

Located on the building’s rooftop sits a variety of communal spaces providing residential amenity and green spaces, with views of Melbourne’s city skyline and parks.

Canvas lies in the heart of Brunswick’s vibrant community with sweeping views over both the horizon as well as retail hotspots, diverse eateries and bustling bars that are just a short walk away.

3. Moreville 
Address: 12-18 Napier Street, Footscray VIC 3011 
Two-bedroom apartments from $595,000

[smartcode_project:default project_id=2060]

<a href="/buildings/moreville-12-18-napier-street-footscray" target="_blank"><img alt="" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/moreville_vista.jpg"></a>

Sering development's Moreville, is one of Urban’s latest Footscray development, with 43 apartments on offer in two and three-bedroom configurations, priced from $525,000 and $1,128,000 respectively.

Designed by Moull Murray Architects, the six-storey building offers numerous amenities, including an al fresco coffee shop, rooftop residents’ lounge and barbeque terrace with views to the Melbourne city skyline.

Set in a quiet tree-lined street just 500-metres from Footscray train station, Moreville offers both pleasing scenery and the height of convenience.

4. Seafarers 
Address: 731 Flinders Street, Docklands VIC 3008 
Two-bedroom apartments from $1,195,000

[smartcode_project:default project_id=27728]

<a href="/new-apartments/seafarers-docklands-731-flinders-street-docklands"><img alt="" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/seafarers_vista.jpg"></a>

Delivered by Riverlee, Seafarers offers a boutique collection of 123 sublimely crafted one, two and three-bedroom residences.

Designed by Fender Katsilidis and partnering with Australia’s first 1 Hotel, Seafarers offers both panaromic city vista and hotel style amenities.

Situated on 220-metres of uninterrupted riverfront, residents benefit from sweeping views from the Yarra to Port Phillip Bay at Docklands’ Seafarers.

It is set for completion in 2023.

5. Verre 
Address: 296 Plenty Road, Preston VIC 3072 
Three bedroom residences from $815,000

[smartcode_project:default project_id=7275]

Located in Melbourne’s Preston, Verre is the latest offering from Wolf&amp;Lamb.

The Chamberlain Architects designed residences are an entertainers’ delight. Large balconies connect the living room to the outdoors and a rooftop terrace offers a space to host friends or relax against the Melbourne city skyline.

Situated in the heart of Preston, Verre which holds sweeping cityscape views is set for completion in early 2022.

One bedroom apartments are available from as low as $385,000.

6. Melbourne Grand 
Address: 560 Lonsdale Street, Melbourne VIC 3000 
Two bedroom residences from $569,000

[smartcode_project:default project_id=3490]

<a href="/buildings/melbourne-grand-560-lonsdale-street-melbourne" target="_blank"><img alt="" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/melbourne_grand_vistas.jpg"></a>

Just completed &amp; ready to move in, Melbourne Grand offers stunning city views &amp; outstanding living experience rising 58 storeys above the CBD. Just a short walk to Queen Vic Market, Southern Cross Station &amp; Flagstaff Gardens.

Delivered by Central Equity, the Guildford Bell and Graham Fisher Architects designed project comprises 652 gorgeous residences. Each with access to resort style amenities and cityscape views.

The award winning development represents builder Multiplex’s 18th project for developer Central Equity.

7. Parkhill Apartments 
Address: 408 Spencer Street, West Melbourne VIC 3003 
Two bedroom residences from $619,000

[smartcode_project:default project_id=27406]

<a href="/buildings/parkhill-apartments-west-melbourne-408-spencer-street-west-melbourne"><img alt="" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/parkhill_vista.jpg" style="width: 621px; height: 398px;"></a>

A great example of an affordable brand-new apartment building with the added bonus of on-site amenities, is Central Equity's latest development, Parkhill Apartments.

Defined by its stylish apartment designs and compelling CBD fringe location, the project is selling now at a very competitive pricepoint compared to properties akin to Parkhill in the West Melbourne area.

Amenities include a rooftop gym and relaxing rooftop garden, complete with BBQs and outdoor seating, all of which display stunning vista's over the Melbourne skyline.

Plus for a limited time, owner-occupier buyers can save up to $73,000 thanks to the HomeBuilder Grant, stamp duty savings and developer incentives. All you have to do is check you meet the eligibility criteria.

8. K1 Residences 
Address: 1 Union Street, Melbourne VIC 3004 
Four bedroom residences from $2,590,000

[smartcode_project:default project_id=2772]

Setting a new benchmark for luxury residences in Victoria, K1 Residences offers buyers the chance to secure a bespoke, whole-floor residence with panoramic views.

The calm and picturesque neighbourhood sits minutes from Albert Park Lake, St Kilda and Prahran.

Delivered by Optimus Developments, the distinctive building boasts 13 four-bedroom apartments, offering warm sophistication and timeless beauty.

With moody tones, 360-degree views and French oak, K1’s home-sized residences sacrifice nothing. Designed by DE atelier Architects and Bergman &amp; Co., the homes include spacious garden balconies, floor-to-ceiling windows and doors and oversized bathrooms.

It is set for completion in the upcoming few months.

9. Melbourne Square 
Address: 93-119 Kavanagh Street, Southbank VIC 3006 
Two bedroom residences from $642,000

[smartcode_project:default project_id=2929]

<a href="/buildings/melbourne-square-93-119-kavanagh-street-southbank"><img alt="" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/melbourne_square_vista.jpg" style="width: 672px; height: 406px;"></a>

OSK Property have recently launched a brand new boutique collection of homes at Melbourne Square.

Featuring four distinct design themes, it has been architecturally designed by Cox Architecture, with interiors by designer Sue Carr, creating flawless spaces which make the most of the spectacular city views on offer.

Each bedroom boasts a stunning view of the city via floor-to-ceiling glazing, plus master suites offer a unique panoramic city vista.

Set for completion in mid 2021, amenities include a full-line Woolworths and other shops as well as resort-style facilities including pools, sauna, spa, gymnasium and a yoga room.

10. Voyager 
Address: 103 South Wharf Drive, Docklands VIC 3008 
Two bedroom apartments from $706,500

[smartcode_project:default project_id=3494]

Dominating the Docklands skyline Mirvac’s latest development is among Melbourne’s most chic high-rise residential towers.

The 43-storey building is thoughtfully designed and luxuriously appointed, boasting 315 contemporary apartments in one, two and three-bedroom configurations.

Voyager offers panoramic city and water views, sleek floor-to-ceiling windows and the precinct’s first-ever rooftop lifestyle space, with skydeck and bar.

It is the latest tower in Yarra’s Edge, Mirvac's Docklands master planned community with vast parklands, and over 1,000 square metres of fine dining and retail that line the serene harbour boardwalk.

11. R. Iconic  
Address: 253-273 Normanby Road, South Melbourne VIC 3205 
Two bedroom apartments from $722,500

[smartcode_project:default project_id=5234]

<a href="/buildings/r-iconic-south-melbourne-259-normanby-road-south-melbourne"><img alt="" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/r_iconic_vista.jpg" style="width: 771px; height: 403px;"></a>

This $850 million development from R.Corporation has been designed by Plus Architecture with the owner-occupier in mind.

Featuring amenities offered nowhere else, like an infinity running track and whiskey bar, all while holding protected water views which are guaranteed to remain thanks to its locality and planning footprint.

A prime park front location between the city and the water, R. Iconic sits adjacent to the highly sought after Albert Park, Middle Park and South Melbourne suburbs, and only 2 km from the Melbourne CBD.

Construction of R.Iconic is underway, with completion estimated for 2022.
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Beautiful panorama's not only provide gorgeous eye candy but are also a significant value addition to many properties

jordan_55689

Check out 11 apartments in Melbourne with incredible city views

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Heralded as among the most liveable cities in the world, Brisbane offers homebuyers beautiful weather, stunning beaches and a youthful charm.

Recent forecasts from Westpac and CBA have identified property value increases in Brisbane of up to 20 per cent and 16.6 per cent over the next two to three years, respectively.

With many brand-new developments suitable for first home buyers, investors or downsizers offered at an affordable price point, Brisbane may be the ideal location to secure an apartment.

Urban takes a look at five new properties on the market in Queensland’s capital under $475,000.

1. Quay Waterfront, Newstead 
Address: 57 Skyring Terrace, Newstead QLD 4006 
One-bedroom apartments from $475,000

[smartcode_project:default project_id=90553]

Mirvac’s Quay Waterfront is Brisbane’s newest chapter of riverside living, prioritising rich and connected design.

Each residence offers open layouts, light-filled spaces and flowing balconies. The home’s amenities include sky-pavilions, rooftop pool, cocktail garden and ground-floor wellness centre.

2. Breeze, West End 
Address: 43 Ferry Road, West End QLD 4101 
One-bedroom apartments from $409,000

[smartcode_project:default project_id=8240]

Forming part of Pradella’s $1 billion masterplanned Riverside West End community, Breeze comprises luxurious apartments in Brisbane’s inner-south.

Comprising luxurious apartments with resort-style amenities, abundant green open spaces and retail offerings, the development connects residents with all they need.

A remarkable rooftop Skygarden terrace complete with a 20-metre lap pool and landscaped entertainment area crowns the 11-storey complex.

3. Mary Lane, Brisbane 
Address: 111 Mary Street, Brisbane QLD 4000 
One-bedroom apartments from $460,000

[smartcode_project:default project_id=6229]

Sitting in the centre of Brisbane, Mary Lane offers 167 residences in one, two and three-bedroom configurations.

Perched above the Westin Hotel, residents will have access to private amenities, including a residents-only foyer, terrace pool, gym and function room.

One-bedroom apartments in the development feature floor-to-ceiling glass, a balcony and a full-size kitchen with quality appliances.

4. M Apartments, Kangaroo Point 
Address: 699 Main Street, Kangaroo Point, QLD 4169 
One-bedroom apartments from $415,000

[smartcode_project:default project_id=29156]

Representing a refreshing new approach to apartment living, M Apartments offers 46 one and two-bedroom apartments, as well as three commercial properties located on the ground floor.

As the latest addition to Brisbane’s Kangaroo Point and only moments to the Woolloongabba dining precinct and the Brisbane CBD, M Apartments residents will enjoy convenience and luxury with amenities including a rooftop entertainment deck, timber flooring and a communal barbeque area with views over the surrounding suburbs.

5. Cello, Greenslopes 
Address: 5-9 Flora Street, Greenslopes QLD 4120 
Two-bedroom apartments from $469,000

[smartcode_project:default project_id=28592]

Delivered by CS Development Group, Cello Apartments is located just four kilometres from the Brisbane CBD.

For residents who value relaxation, an on-site library, or landscape rooftop observation deck provide excellent settings to unwind.

Resort-style facilities, such as a swimming pool, sauna and spa, and fully equipped gym are also on offer, as well as a multi-purpose space and boardroom.
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Recent forecasts from Westpac and CBA have identified property value increases in Brisbane of up to 20 per cent and 16.6 per cent over the next two to three years, respectively

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April 2021: The top five properties you can buy in Brisbane under $475,000

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Whether entertaining or staying fit, outdoor areas are important to residents’ quality of life.

On-site outdoor areas do not only provide convenient access to landscaped gardens but help foster a sense of community between residents and increase home values.

Here are eight properties in New South Wales with fantastic outdoor areas. 
 

1. Beyond, Hurstville 
Address: 93 Forest Road, Hurstville NSW 2220 
Two-bedroom apartments from $870,000

[smartcode_project:default project_id=6798]

<a href="/buildings/beyond-hurstville-93-forest-road-hurstville"><img alt="" height="2934" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/beyond-93-95-forest-road-hurstville-b913986a40567a843ec4a02923517702.jpg" width="5000"></a>

Located in South Sydney, Fridcorp’s latest Hurstville development, Beyond, features a number of fantastic outdoor areas and on-site amenities.

Among Urban’s favourites are the beautiful outdoor dining and teppanyaki grill, with facilities unlike any development on the market in Sydney.

Other outdoor amenities include lush, elevated gardens, a yoga and meditation retreat and barbeque and dining areas. 
 

2. The Laneways, Rosebery 
Address: 33-37 Mentmore Avenue, Rosebery NSW 2018 
Two-bedroom apartments from $980,000

[smartcode_project:default project_id=24323]

Ellerson Property’s latest inner-city development, The Laneways, is Rosebery’s exciting new address, delivering some fantastic outdoor spaces for homebuyers.

Alongside the home’s beautiful private balconies and green courtyards within the ground-floor residences, the project also boasts a rooftop terrace.

The fifth-floor space offers a fantastic space to socialise with friends and neighbours while enjoying the panoramic city vistas. 
 

3. 180 George Street, Parramatta 
Address: 180 George Street, Parramatta NSW 2150 
Two-bedroom apartments from $715,000

[smartcode_project:default project_id=8590]

<a href="/buildings/180-george"><img alt="" height="800" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/180-george-street-parramatta-058b42cc76538ab6a9528b17ee34afcc.jpg" width="1920"></a>

Meriton’s world-class 180 George development brings together beautifully designed residences with the ideal lifestyle amenities to suit everyone.

Designed by Woods Bagot, the 767-apartment development features communal open space, including rooftop gardens, a sundrenched podium terrace and a barbeque area.

The 1,200 sqm podium gardens complement the adjoining 58-level hotel suites tower. 
 

4. Destination, Macquarie Park 
Address: 114 Talavera Road, Macquarie Park NSW 2113 
Two-bedroom apartments from $910,000

[smartcode_project:default project_id=8669]

Located within NSW’s second largest business district, Destination offers the ultimate apartment living experience in a unique mixed-use neighbourhood.

Delivered by Meriton and designed by DKO Architecture, the project offers serene garden terraces, timeless design and views from every angle.

Destination’s exclusive resident-only 800 sqm podium gardens on the sixth floor creates a spectacular resort lifestyle with abundant space to thrive. 
 

5. Allium, Pagewood 
Address: 128 Bunnerong Road, Pagewood NSW 2035 
Two-bedroom apartments from $815,000

[smartcode_project:default project_id=7822]

Offering luxury and lifestyle in Sydney’s eastern suburbs, residents at Allium will be spoilt by the development’s countless outdoor amenities.

Designed by SJB and landscape architects Arcadia, the project includes lush, fifth-floor podium gardens, rooftop retreats on the sixteenth-floor and benefits from the nearby parklands, champion golf courses and beaches of the east coast.

Allium’s podiums include extensive turfed area, ample shade, a cinema screen, barbeque areas and garden seating.   
 

6. Collection, Rouse Hill 
Address: 49 Terry Road, Rouse Hill NSW 2155 
Two-bedroom apartments from $642,500

[smartcode_project:default project_id=6284]

<a href="/new-townhouses/collection-rouse-hill-49-terry-road-rouse-hill"><img alt="" height="900" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/collection-49-terry-road-rouse-hill-4f2168c57bdc63120b855a8e3ed86373.jpg" width="1200"></a>

Designed by renowned architects DKO, residences at Collection boast large entertainer’s balconies with an idyllic natural landscape providing the ideal backdrop for dinner with family and friends.

Not only benefitting from the bordering Berowra Valley National Park, Marquess Group’s Rouse Hill development also offers fantastic outdoor spaces.

The project features a meticulously landscaped communal garden, with tiered seating and dining space to help foster a sense of community between residents. 
 

7. Orchid, Eastgardens 
Address: 9 Oscar Place, Eastgardens NSW 2036 
Two-bedroom apartments from $835,000

[smartcode_project:default project_id=29389]

The final stage of Meriton’s masterplanned Pagewood Green development, Orchid, offers a residential oasis in Sydney’s Eastgardens.

Offering residents an ideal natural setting to recharge, the development is located nearby surrounding parklands, sporting fields and recreation facilities, including Centennial Park, Lakes Golf Course and the urban bushland at Moore Park.

The 256 residences, set across four buildings, are connected by a lush podium garden designed by the award-winning architects, PTW.   
 

8. Eminence, Zetland 
Address: 811 Elizabeth Street, Zetland NSW 2017 
Two-bedroom apartments from $1,045,000

[smartcode_project:default project_id=21882]

<a href="/buildings/eminence"><img alt="" height="1500" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/811-elizabeth-street-zetland-c23c088f08dba3ad5a3351122e179352.jpg" width="2000"></a>

Meriton’s 254 boutique apartment development, Eminence, brings together beautifully considered living environments with vibrant onsite amenities, including outdoor spaces.

The project includes 1,840sqm of lush podium gardens and five-star amenities, nestled between the transformational Green Square precinct, Surry Hills and the CBD.

Across from your home, Gunyama Park Aquatic and Recreation Centre boasts beach-inspired pools, open-air training facilities, boardwalks and playgrounds for the ideal outdoor space to thrive.
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Whether entertaining in the sun or working on your fitness, outdoor areas are important to residents’ quality of life

Love alfresco dining? Here are 8 properties in NSW with fantastic outdoor areas

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The Melbourne estate agency Gray Johnson are offering a Mill Park development site near South Morang. The 9,908 sqm holding is vacant.

Offers close on the 18 Development Boulevard offering on 24 March with a price expectation in the high $4 millions.

The property has been recently rezoned as Residential Growth Zone – Schedule One which affords permission to build to a height of four storeys or 13.5 metres.

Gray Johnson director Matt Hoath says that the property would suit an apartment project.

“This property has been in multi-generational family ownership long term and the local council rezoned it as they favoured a high density residential project, rather than a commercial project, on the site which is adjoined on one side by parkland” Mr Hoath advises.

It is close to the Rivergum Shopping Centre.

The area is also well served for public transport including the Metro Rail extension to the north.
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The property has been in multi-generational family ownership with the local council rezoning it for a high density residential project

jchancellor

Mill Park apartment development site listed

<html><body>While Victorian building approvals slowed during the pandemic, they are already starting to improve, according to m3property Victorian managing director, Luana Kenny.

Ms Kenny expects the inner city apartment market will struggle at least until international students return and borders reopen.

But also that most parts of Melbourne and regional Victorian towns are poised for further price growth, she told the Australian Property Institute and REIV State of the Market seminar.

“The owner occupier market remains incredibly robust as demand outstrips supply but as workers return to the CBD and hospitality opens up, we’ll see a rise in tenants seeking properties in the city.

“It is likely major apartment developments will remain on hold until we see how the economy recovers but as Australia is viewed as a safe place, it is expected foreign students will return which will bring life back into the CBD and city fringe precincts,’ she forecast.

Demand for units in Melbourne’s inner and middle ring suburbs has been good as a result of a strong owner occupier market, she said.

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Most parts of Melbourne and regional Victorian towns are poised for price growth, she told the Australian Property Institute and REIV State of the Market seminar.

Owner occupiers to drive Victorian apartment sales momentum

The multi-national property developer EcoWorld International has completed construction on its $250 million South Yarra development, Yarra One.

The 26 level tower, designed by Fender Katsalidis, homes&nbsp;247 one, two and three bedroom apartments. With settlement currently underway, the project&nbsp;is around 80 per cent sold. There were&nbsp;a mix of buyers, but downsizers and investors saw the greater attraction to the building.

There are also three penthouses, two of which have sold to downsizers.

[smartcode_project:default project_id=3127]

Yarra One marks EcoWorld International&#39;s second Australian project, having last year completed West Village​ in Sydney&#39;s Parramatta.

EcoWorld International Australia CEO Mr Yap Foo Leong&nbsp;said it&rsquo;s an exciting time for the company after what has been a challenging year.

&ldquo;Yarra One is a great success story for EcoWorld International,&quot; Mr Leong said.

<a href="/buildings/yarra-one-16-22-claremont-street-south-yarra"><img alt="" height="788" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/yarra_one_apartment_0.jpg" width="1200" /></a>

&quot;Being our maiden project in Melbourne, we are thrilled with the result particularly given several headwinds along the way; stamp duty changes and COVID-lockdown delays namely.&rdquo;

Builders Hickory constructed the Fender Katsalidis-designed tower which was designed with pure&nbsp;geometry, circular, elliptical and rectilinear patterns.

The Claremont Street atrium is one of the most striking elements of the building.&nbsp;

Fender Katsalidis considered the bustling, popular laneways that Melbourne is famous for in the design of the atrium which features a number of shopping outlets.

&ldquo;The timber look trellis enclosing the atrium is a signature feature that acts to create a sense of retreat and allows light to filter within the space throughout the day resulting in an ever-changing environment,&rdquo; Fender Katsalidis Director Nicky Drobis said.

<a href="/buildings/yarra-one-16-22-claremont-street-south-yarra"><img alt="" height="1827" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/yarra_one_exterior_2.jpg" width="1200" /></a>

EcoWorld have considered the sustainability even further than the four-star green building achieved. Residents will have access to a Victorian first, sustainable car-sharing model in a multi-residential setting with exclusive use of a brand new Tesla.

&ldquo;Yarra One already boasts a phenomenal walk score of 92, with the car-share adding another layer of sustainability and future-proofing,&quot; Mr Leong added.

Purchasers also had the option to include a charging point within their designated car space.

[smartcode_project_cta: project_id=3127]

Yarra One marks EcoWorld International's second Australian project, having last year completed West Village​ in Sydney's Parramatta.



EcoWorld International's Yarra One development completes construction

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The Potter Group has expanded its Gold Coast portfolio with the acquisition of a blue-chip beachside development site in Palm Beach.

They've paid $1.3 million for the 549 sqm site at 1079 Gold Coast Highway site, which has frontage to famous Jefferson Lane.

Potter Group CEO John Potter said the purchase was perfect fit for the company, currently developing a number of up-market residential and industrial warehousing, commercial showroom and office projects on the Gold Coast and Byron Bay.

“Jefferson Lane is certainly one of the jewels in the crown so we are very pleased to have acquired this prime site in one of the highest Gold Coast growth regions over the past two years,’’ Mr Potter said.

“The site has enormous potential located on the Gold Coast Highway with frontage to Jefferson Lane and within close proximity to the beachfront, shopping, schools, parks and Tallebudgera Creek.”

The Potter Group also owns Central on Broadbeach comprising 13 separate titles acquired over six years and held for the past 12 years.

Development Approval has been received for the $700 million redevelopment of Central on Broadbeach into sophisticated mixed use residential, commercial and retail development comprising twin towers over a three-level podium base and four levels of basement car parking.

<h2>Nearby Palm Beach developments</h2>

Cabana, Palm Beach 
Address: 1 Nineteenth Avenue, Palm Beach QLD 4221 
Three-bedroom apartments from $2,325,000

[smartcode_project:default project_id=84861]

 
Delivered by Ignite Projects, Cabana offers the best in luxury resort-style living.

The island-like oasis is located across from the recently completed Palm Beach artificial reef and includes its own private beach club.

A key feature of the development’s design, the private beach club includes day beds on and off the water, beachfront and poolside cabanas. 
 
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Potter Group CEO John Potter said the purchase was perfect fit for the company


The Potter Group secure prime Palm Beach development site fronting Jefferson Lane

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The boutique development Foam Street in the Bayside Melbourne suburb of Elwood has secured sales of nearly half of its apartments at its recent launch.

Developer Goldfields has seen demand coming from an emerging market which have been dubbed "Baychangers."

Goldfields chief operating officer Lachlan Thompson said five of the project’s twelve boutique apartments had already been snapped by buyers up on the first few days of the sales campaign.

[smartcode_project:default project_id=31641]

“The Elwood brand is one of the strongest in Melbourne, especially for buyers looking to downsize to a smaller and more convenient home in a vibrant community that offers exciting lifestyle and entertainment options,” Thompson said.

“As a result, the supply of low-maintenance luxury apartments in Elwood’s established property market is far outweighed by demand, with many looking to alternatives, such as boutique new developments, like Foam Street, Elwood.

“These buyers are looking shorten and simplify the homebuying process and avoid the frustration associated with the existing property market.

<a href="/buildings/foam-street-1-3-foam-street-elwood"><img alt="" height="891" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/foam_street_elwood.jpg" width="1200"></a>

“They want to live ‘life after the family home’ somewhere with a little more ‘soul,’ somewhere more intimate and personal; the type of place where you know your neighbours by their first name.”

Jackson Clements Burrows designed the development of two and three bedroom apartments in conjunction with Studio Tate.

“FOAM STREET apartments are designed to be entirely of their place – reflecting and complementing the street’s vernacular – thus creating a discerning identity within their environment. Each dwelling offers expansive living areas, private outdoor spaces and enduring finishes," Tim Jackson, director at Jackson Clements Burrows said.

The project sits in landscaped surrounds designed by Eckersley Garden Architecture.

The Agency's Michael Paproth said, as well as demand from locals who want to remain in the area, there is a rapidly emerging market of buyers from outside the broader Bayside area.

“Baychangers tend to be semi-retired or retired professionals, typically from the inner-eastern suburbs, whose children have started their own families, and who are looking for a lifestyle change, but without the distance associated with a treechange or seachange," Paproth said.

“Despite being right next door to each other, the Bayside and inner east can be quite different in terms of community, culture and lifestyle."

 
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Developer Goldfields has seen demand coming from an emerging market which have been dubbed "Baychangers."



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