Apartment buyers in New South Wales are set to gain a decade of insurance-backed protection against major building defects, after the NSW Parliament passed the Fair Trading and Building Legislation Amendment Bill 2026.&nbsp;

The Bill establishes decennial defect insurance, known in the market as Latent Defects Insurance (LDI), as an alternative to the existing two-year strata building bond. It cleared the Legislative Council with amendments on Tuesday evening (August 4, 2026), with the Legislative Assembly agreeing to those amendments shortly after.

Under the reform, eligible developers can satisfy their statutory bond obligation by taking out an approved decennial-style policy that gives owners 10 years of cover for major structural defects from completion, claimable directly, without first having to pursue developers or builders through costly legal action.&nbsp;

The change forms the final tranche of amendments arising from the 2021 statutory review of the Strata Schemes Management Act 2015 and related legislation.

Resilience Insurance, which originated the cover in Australia and has delivered it in NSW since 2022, welcomed the passage and credited the NSW Government for delivering it.

“This is protection apartment buyers have needed for a long time, and the credit for delivering it belongs to the NSW Government,”&nbsp;said Corey Nugent, CEO of Resilience Insurance.

“Minister Chanthivong and his team have shown real leadership in replacing an outdated two-year bond with cover that matches the lifespan of the buildings people are buying into. Reform like this is what good, evidence-based regulation looks like.”

Resilience has delivered LDI in NSW since 2022, protecting thousands of apartments, giving the State, and now the country, real-world evidence of how decade-long, no-fault protection works in practice.

The reform also places NSW within a wider national shift.

NSW is the third jurisdiction to put decennial cover into law. The ACT legislated for it in 2024, with the scheme taking effect in late 2025, and Victoria passed its own framework on 17 June. Between them, the three cover the majority of Australia's apartment market.

The reform commences once the legislation is proclaimed, which is expected in the coming weeks. From that point, developers of Class 2 residential apartment buildings can meet their statutory obligation with an approved decennial policy in place of the bond.

Buyers who purchased into projects that took out the cover early are among the first in the country to take keys to apartments carrying decade-long structural protection.

“With the legislation passed, the focus now turns to making it work for buyers,”&nbsp;Nugent said.

“There are already thousands of apartments in NSW covered by this insurance, bought by developers who moved early. The question every buyer should be asking in a display suite is a simple one: does this building come with 10-year defect cover, and who stands behind it?&nbsp;

“We look forward to working with the Government and the Building Commission in coming weeks as the framework moves to implementation, and to sharing what we have learned over the past four years so the protection reaches owners as smoothly and quickly as possible.”

Other states are working through their own reform programs. Western Australia has indicated that decennial cover is within consideration a later stage of its reform sequence, and Queensland has been examining the settings as it looks at the development pipeline ahead of the 2032 Olympics.

Resilience Insurance acknowledges the NSW Government’s continued focus on strengthening consumer protection while supporting housing delivery across the State.

Fast Facts: What the reform means

<ul style="color:#222222; font-family:Arial, Helvetica, sans-serif; font-size:small; font-style:normal; font-variant-ligatures:normal; font-weight:400; text-align:start; white-space:normal; background-color:#ffffff; text-decoration-thickness:initial; text-decoration-style:initial; text-decoration-color:initial">
	<li style="margin-left:15px; font-family:Aptos, Arial, Helvetica, sans-serif; font-size:12pt; color:#000000">Proven at scale:&nbsp;Decennial cover has operated in NSW since 2022, protecting thousand of apartments.</li>
	<li style="margin-left:15px; font-family:Aptos, Arial, Helvetica, sans-serif; font-size:12pt; color:#000000">10 years of cover:&nbsp;Protection for major structural defects runs for a decade from completion, claimable directly and with no legal action required.</li>
	<li style="margin-left:15px; font-family:Aptos, Arial, Helvetica, sans-serif; font-size:12pt; color:#000000">An alternative to the bond:&nbsp;Eligible developers can meet their statutory obligation with an approved decennial-style policy in place of the 2% strata building bond.</li>
	<li style="margin-left:15px; font-family:Aptos, Arial, Helvetica, sans-serif; font-size:12pt; color:#000000">Part of a national shift:&nbsp;The ACT has had decennial provisions in force since 2025 and Victoria passed its framework in June. NSW now joins them.</li>
	<li style="margin-left:15px; font-family:Aptos, Arial, Helvetica, sans-serif; font-size:12pt; color:#000000">No-fault, first resort:&nbsp;Owners corporations claim directly from the insurer without first having to establish who is liable for the defect.</li>
	<li style="margin-left:15px; font-family:Aptos, Arial, Helvetica, sans-serif; font-size:12pt; color:#000000">Cost-competitive:&nbsp;At approximately 1.8% of build cost, LDI is typically priced below the 2% bond while offering broader, longer protection.</li>
	<li style="margin-left:15px; font-family:Aptos, Arial, Helvetica, sans-serif; font-size:12pt; color:#000000">Market position:&nbsp;Resilience originated LDI in Australia and has delivered it in NSW since 2022.</li>
</ul>

Fast Facts: What is Resilience LDI?

<ul style="color:#222222; font-family:Arial, Helvetica, sans-serif; font-size:small; font-style:normal; font-variant-ligatures:normal; font-weight:400; text-align:start; white-space:normal; background-color:#ffffff; text-decoration-thickness:initial; text-decoration-style:initial; text-decoration-color:initial">
	<li style="margin-left:15px; font-family:Aptos, Arial, Helvetica, sans-serif; font-size:12pt; color:#000000">Resilience Latent Defects Insurance (LDI):&nbsp;Covers major structural defects for 10 years from completion.</li>
	<li style="margin-left:15px; font-family:Aptos, Arial, Helvetica, sans-serif; font-size:12pt; color:#000000">Consumer-first:&nbsp;Direct claim access, no need for lengthy legal action.</li>
	<li style="margin-left:15px; font-family:Aptos, Arial, Helvetica, sans-serif; font-size:12pt; color:#000000">Cost advantage:&nbsp;At approximately 1.8% of build cost, LDI is typically priced below the traditional 2% Strata Bond while offering broader protection.</li>
	<li style="margin-left:15px; font-family:Aptos, Arial, Helvetica, sans-serif; font-size:12pt; color:#000000">Market leader:&nbsp;&nbsp;Resilience Insurance originated LDI in Australia and is the national market leader.</li>
</ul>

Joel Robinson

NSW parliament passes 10-year defect insurance laws for new apartment buyers

Builder-developer <a href="https://www.apartments.com.au/developers/mcnab-developments">McNab</a> has wasted little time reshaping one of South Brisbane's most significant undeveloped apartment sites after acquiring the property earlier this year.&nbsp;

McNab has lodged plans to scrap an existing approval for two 30-storey towers and instead deliver a single 28-storey residential building, preserving part of the site for a future development opportunity.

The proposal, lodged over <a href="https://www.apartments.com.au/new-apartments/64-peel-street-south-brisbane-qld-4101">64 Peel Street and 9 Cordelia Street</a>, is for a residential-led mixed-use development comprising 124 apartments above a landscaped podium, alongside a boundary realignment that preserves part of the land for a future residential project.

<img alt="First look: McNab resets decade-old South Brisbane approval with 124-apartment tower" data-entity-type="file" data-entity-uuid="743bf564-3f8f-45fc-b8d3-bbf18f5b628f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/mcnab%20Peel%20st%20podium.png?VersionId=EhCxGrVn_VFH3qTbKnI4WppGwaMnOn0t" />

Designed by <a href="https://www.apartments.com.au/architects/hayball">Hayball</a>, the development will deliver 119 two-bedroom and five three-bedroom apartments across 23 residential levels. A five-level podium will accommodate 135 car spaces, while the ground floor will include a 66 sqm commercial tenancy, an activated residential lobby with work-from-home spaces, and a publicly accessible landscaped plaza linking Cordelia and Peel streets.&nbsp;

Communal amenities will span Level 6 and the rooftop, including indoor and outdoor recreation spaces, a swimming pool, barbecue facilities, kitchen and dining areas, lawn space, sauna, steam room and yoga facilities.

The application also proposes a boundary realignment to create a standalone 1,290 sqm development lot while retaining an adjacent parcel for future redevelopment, allowing the balance of the site to contribute additional housing over time.

Hayball said the architecture has been shaped by the site's elevated corner position at the intersection of Peel and Cordelia streets and Brisbane's subtropical climate.

The design incorporates generous landscaped setbacks, a masonry podium wrapped with planting, large north-facing balconies, and a slender tower profile intended to maximise natural light, cross ventilation and long-range views. The rooftop has been conceived as a wellness-focused retreat overlooking Brisbane, with amenities positioned to capture views towards Mount Coot-tha and the CBD.

<img alt="First look: McNab resets decade-old South Brisbane approval with 124-apartment tower" data-entity-type="file" data-entity-uuid="c5f99e84-6ad8-4a87-82d1-869685b754d2" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/mcnab%20tower%20perspective.png?VersionId=Gw0IuJaSAlk.tvGBxInhZOcQAdIB..2b" />

The planning submission positions the proposal as a response to both changing market conditions and Brisbane's Kurilpa Sustainable Growth Precinct planning reforms.

McNab acquired the site after the previous approval was granted, with the existing scheme no longer reflecting current residential market demands, economic conditions, construction challenges, construction efficiencies or the quality of development outcome now being pursued, the planning report noted.

McNab continues to expand its residential development pipeline across Brisbane and the Gold Coast. The developer recently launched The Tannery in West End, securing more than 60 per cent of apartments before the project's public release. It is also delivering Elements Budds Beach in Surfers Paradise and Lucia Highgate Hill, an eight-apartment boutique development overlooking the Brisbane River.

McNab resets decade-old South Brisbane approval with 124-apartment tower

A steeply sloping Bellevue Hill site is set to accommodate a new mid-rise apartment development, with plans lodged for 20 homes that respond to the site's dramatic topography.

The proposal for the consolidated land at <a href="https://www.apartments.com.au/new-apartments/138a-140-bellevue-road-bellevue-hill-nsw-2023">138A-140 Bellevue Road</a> has been designed by Sydney architecture practice Common Office, which has used the site’s substantial fall to distribute the building’s scale and unlock 20 apartments without presenting the full height to the street.&nbsp;

“The unique design strategy leverages the site’s substantial topographical fall to facilitate increased density, presenting a seven-storey profile to Bellevue Road while rising to 10 storeys at the rear,” Common Office said in its architectural design report.

The apartment mix spans one, two, three- and four-bedroom residences. Four two-bedroom apartments are designated as affordable housing, while the plans also include two adaptable dwellings. The mix is majority three-beds, with the typical three-bed apartment offering around 144 sqm internally, with balconies of around 15 sqm.

The affordable housing component represents 15 per cent of the residential floor area and allows the project to access additional height and floor space under the NSW Government’s in-fill affordable housing provisions. The site also falls within the inner area of the Low and Mid-Rise Housing Policy because it is within 400 metres walking distance of Double Bay Town Centre.

<img alt="First Look: Plans lodged for topography-led affordable housing project in Bellevue Hill" data-entity-type="file" data-entity-uuid="b1230d0f-3bfa-4a11-abaf-0928c66ef345" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Bellevue%20da.png?VersionId=dZeMK3P.OutGjN8ycjsxm8uNsj_QFWQv" />

Common Office has arranged the building around a masonry podium and a lighter upper volume, drawing on two recurring elements of Bellevue Hill’s established architecture: sandstone bases and the vertical proportions of local Inter-war Art Deco apartment buildings.

“The proposal is governed by a holistic design language that reconciles the solid horizontal masonry of the neighbourhood’s podiums with the elegant verticality of its Art Deco heritage,” the architect said.

“The building maintains a consistent rhythmic logic utilising deep recesses and a sophisticated material transition to break down the 10-storey scale into a series of articulated, human-scale volumes.”

<img alt="First Look: Plans lodged for topography-led affordable housing project in Bellevue Hill" data-entity-type="file" data-entity-uuid="0147f503-1af1-4d51-97fb-c2f1cba63a9d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Bellevue%20bldg.png?VersionId=GoW7q3NlK67OpnePXhk7zvklrlKb72Qc" />

Large-format sandstone tiles will define the lower levels, establishing a robust base that negotiates the change in elevation from Bellevue Road. Above, red-tinted precast concrete frames, recessed balconies, anodised aluminium screens and expanded metal details will create a more vertically expressed façade. Integrated planter beds will introduce greenery across balcony edges and recessed sections of the building.

The elongated northern façade has been divided into three recessed vertical masses to reduce its perceived length. Triangular window elements and metal privacy screens reference the geometry of nearby Art Deco buildings while controlling overlooking toward surrounding homes. The southern elevation will incorporate further privacy screening, landscaped edges and deep balconies to maintain light and ventilation.

<img alt="First Look: Plans lodged for topography-led affordable housing project in Bellevue Hill" data-entity-type="file" data-entity-uuid="e8679cf1-18bc-4447-8a0f-0052b94ab83c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Bellevue%20da%20rooftop.png?VersionId=5SQqQqRFf76rvE2p1TbxJSweMN70AIbc" />

Private and communal landscaping is distributed throughout the development. A landscaped garden apartment is positioned within the lower portion of the site, while a communal terrace on Level 5 will include a central timber deck, barbecue facilities, resident planting plots and areas for outdoor dining and informal gatherings.

Common Office described the terrace as an elevated sanctuary designed to capture district views and sunlight. Its planting strategy incorporates endemic species associated with the Eastern Suburbs Banksia Scrub, extending the landscape vertically through the building and providing habitat for local flora and fauna.

A second communal outdoor area is proposed at roof level, with built-in seating, paved gathering areas and perimeter planting.

Bellevue Hill is enjoying renewed momentum in the new apartment market, with several boutique developments recently launched and currently under construction. Positive Investment Enterprise is delivering the 16-apartment Kew Palm House on Birriga Road, while Chanine Developments is also under construction at Florian, a 36-apartment project on Banksia Road.

&nbsp;

Bellevue Hill is enjoying renewed momentum in the new apartment market, with several boutique developments recently launched and currently under construction.

First Look: Apartment development pitched for Bellevue Hill, Double Bay fringe

South Brisbane's apartment pipeline continues to build momentum, with <a href="https://www.apartments.com.au/developers/trk-property-group">TRK Property Group</a> lodging plans for a 161-apartment tower on Montague Road as developers accelerate investment across the Kurilpa Sustainable Growth Precinct.

The proposal for 176–186 Montague Road would replace an existing office building with a 20-storey residential tower designed by <a href="https://www.apartments.com.au/architects/cox-architecture">COX Architecture</a>, adding to a growing pipeline of high-density projects reshaping one of Brisbane's fastest-evolving inner-city precincts.

The project has been conceived as a "living building", featuring a flowing tower form, extensive vertical landscaping, and generous communal spaces that respond to the evolving Kurilpa Sustainable Growth Precinct.

TRK Property Group Development Director Matt Kan said the project reflected the confidence developers have in South Brisbane's long-term future.

"South Brisbane is entering an incredibly exciting period, and we see Montague Road sitting right at the heart of that evolution," Kan said.

"With the former Visy site directly opposite us and significant investment planned throughout the broader Kurilpa precinct, there is a real sense of momentum around this part of the city and what it will become over the coming years.

"For TRK, this is an opportunity to be part of that next chapter and deliver a project that responds to where the precinct is heading, while contributing to the continued evolution of Brisbane's river edge."

<img alt="First look: TRK Property joins South Brisbane apartment surge with Montague Road tower plans" data-entity-type="file" data-entity-uuid="590fe1ad-f892-4446-a679-80e33a16d029" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/TRK%20tower%20facade.png?VersionId=uOJStrcKpyHFcPE1w6_9SMAFzVMCcZll" />

The scheme includes a mix of one, two, three and four-bedroom apartments, incorporating multi-purpose rooms in selected residences to provide additional flexibility for home offices or expanded living areas. The proposed mix comprises 15 one-bedroom, 13 one-bedroom plus MPR, 73 two-bedroom, 26 two-bedroom plus MPR, 30 three-bedroom, and four four-bedroom apartments.

Rather than adopting a conventional rectilinear tower, COX Architecture has developed a sculpted form inspired by the movement of the Brisbane River.

"The proposal has been designed by COX Architecture as a 'living building' that responds to the site's riverine setting, floodplain history and evolving urban context within the Kurilpa Sustainable Growth Precinct," the planning report states.

"The architectural form draws from the fluid nature of the Brisbane River, with a curved and undulating tower form that creates a varied architectural edge and avoids a conventional rectilinear tower expression."

The podium has also been designed as an architectural feature rather than a conventional parking structure, with cascading planting, screening and natural-toned materials softening its appearance. Resident parking is elevated above ground level to address the site's flood constraints, while habitable apartments sit above flood planning levels. Upper-level communal facilities are designed to accommodate shelter-in-place arrangements during major flood events.

<img alt="First look: TRK Property joins South Brisbane apartment surge with Montague Road tower plans" data-entity-type="file" data-entity-uuid="01fa15d0-90df-46c7-9555-7941fc45373c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/TRK%20podium.png?VersionId=mHyua.w1pHGBt9qEdWzrlsv.leztUCwO" />

Communal amenity is a major focus of the proposal. Around 1,815 sqm of shared resident space is proposed across the ground floor, level 19 and the rooftop, including co-working areas, indoor and outdoor recreation spaces, wellness facilities, dining and gathering areas, lawn spaces, a rooftop pool and spa, and extensive landscaping. At street level, a landscaped forecourt and approximately 345 sqm of publicly accessible open space along Montague Road are intended to improve the pedestrian experience while activating the building's frontage.

The development will provide 163 car spaces, including 152 resident bays and 11 visitor spaces, together with 144 bicycle spaces incorporating resident storage, visitor parking, bicycle maintenance facilities and e-mobility charging infrastructure.

The site sits within one of Brisbane's fastest-changing inner-city precincts, less than two kilometres from the CBD and within easy reach of South Bank, West End, the Queensland Cultural Centre and extensive public transport connections. The Kurilpa Sustainable Growth Precinct planning framework is encouraging higher-density residential development to help meet Brisbane's housing supply targets while supporting walkable, transit-oriented neighbourhoods.

TRK Property joins South Brisbane apartment surge with Montague Road tower plans

Article summary

<ul data-end="785" data-start="311">
	<li data-end="459" data-section-id="5hbcyr" data-start="311">Pikos Group has released the five-penthouse collection at Skye Kangaroo Point, headlined by a two-storey sky home spanning more than 1,000 sqm.</li>
	<li data-end="561" data-section-id="1p7lq8n" data-start="460">Early buyer interest suggests the residences could set a new Queensland apartment price record.</li>
	<li data-end="667" data-section-id="1y70z0l" data-start="562">The collection includes four move-in ready penthouses and the highly customised Skye One residence.</li>
	<li data-end="785" data-section-id="yvm0y1" data-start="668">The release caps one of Bri​sbane's most ambitious luxury apartment developments overlooking the Brisbane River.</li>
</ul>

<hr data-end="790" data-start="787" />
Pikos Group has released the five-penthouse collection at its <a href="https://www.apartments.com.au/buildings/skye-residences-by-pikos-kangaroo-point-8-river-terrace-kangaroo-point-qld-4169">Skye by Pikos</a> development in Kangaroo Point, with early buyer interest indicating the flagship residences could eclipse every apartment sale previously recorded in Queensland.

The collection crowns the luxury riverfront development with five residences, including four completed penthouses and Skye One, a two-level sky home spanning more than 1,000 sqm that will be tailored to its eventual owner.

[smartcode_project:default project_id=90059 project_image_fid=374075]

Wanting to offer a fully customisable home, Pikos is offering Skye One as a blank canvas, allowing the buyer to work alongside the developer's design team to customise the home's layout, finishes and internal spaces.

The residence will feature a 247 sqm private rooftop terrace with its own swimming pool, sauna, steam room, outdoor kitchen and multiple entertaining areas overlooking the Brisbane River and CBD skyline.

The remaining four penthouses have been completed and are ready for immediate occupation, each offering four bedrooms, expansive open-plan living areas, soaring ceilings and private lift access.

[smartcode_project:default project_id=90059 project_image_fid=374059]

One of the defining features throughout the project is its use of Roman Classic Travertine, with more than 20,000 sqm of the natural stone imported from Italy after being personally selected by Pikos Group Founder and Executive Director Pedro Pikos, interior designer Julie Williamson and third-generation stone specialist Mario Caucci.

Pikos said the penthouse collection represented the culmination of the company's long-term vision for Skye.

"True legacy isn't measured by what we build today, but by what endures tomorrow," Pikos said.

"Our ambition is to create places that become more valuable with time, enrich the lives of generations, and stand as timeless landmarks long after we've stepped away."

[smartcode_project:default project_id=90059 project_image_fid=374060]

Williamson said the interiors were inspired by the natural character of Kangaroo Point and the Brisbane River rather than international design trends.

"Materiality tells the story of a place," Williamson said.

"We looked to the movement of the Brisbane River, the texture of the cliff face and the warmth of the surrounding landscape to create interiors that feel understated, enduring and unmistakably Brisbane."

Positioned above the Kangaroo Point cliffs, Skye places residents within walking distance of Howard Smith Wharves, South Bank and James Street while offering uninterrupted river and city views.

[smartcode_project_cta:default project_id=90059]

Brisbane's next apartment price record? Pikos unveils Skye's exclusive penthouse collection

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.

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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.

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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.

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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?

When Arena Property Group set out to create its flagship apartment development, the focus was on two key elements: location and design.

They honed in on Main Beach, one of the lowest supply suburbs on the Gold Coast, both in market and in planning. They secured a site on Pacific Street, quietly tucked one row back from Main Beach Parade and the beach, and a short walk to the suburb's cafe-laden heart of Cronin Avenue.

Once the site was secured, Arena sought the expertise of Danny Juric and Plus Studio, a name synonymous with luxury Gold Coast apartment developments, particularly in the suburb of Main Beach.

The result is Bella Vie, a fusion of the Italian word “Bella” (beautiful) and the French word “Vie” (life).

[smartcode_project:default project_id=22060 project_image_fid=6583]

When starting to draft concept for Bella Vie, Plus' focus was on the beautiful life, inspired&nbsp;by the refined ease of European coastal towns.

The architecture favours organic lines, soft transitions, and tactile surfaces. From its sculpted balconies to its tiered façade, the form invites a sense of presence defined by balance and clarity.

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Jayde Pezet, Director at Pezet Matheson, says by focusing on both the location and the design, Arena is ticking boxes for the majority of buyers.

"Arena has understood the buyer market in Main Beach and how it differs from other areas in the Gold Coast," Pezet says.

"They've doubled-down on finishes across all apartment types. We have finishes and fixtures traditionally found&nbsp;in half- and full-floor apartments in every apartment we have. Very few developers are putting this level of finish in this market.”

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Bella Vie will rise 28 levels and offer a mix of two- and three-bedroom configurations.

Over the past five years, very few new developments in Main Beach have catered to a broad range of buyers. Most have been full-floor, beachfront residences aimed at the few rather than the many. Bella Vie breaks this mould, filling a clear gap in supply.

Given the variety of apartment types and price points rarely seen locally, Pezet expects strong interest from a wide spectrum of buyers, ranging from young professionals in their early 30s through to Brisbane-based downsizers seeking a lock-and-leave beachside lifestyle.

[smartcode_project:default project_id=22060 project_image_fid=6589]

At the heart of the building, the 18th floor will house the Soleil Club, a full-floor resident amenity precinct including a gym with yoga and Pilates studio, wine cellar, library, co-working hub, games room, private dining room, and an outdoor sunset terrace with BBQ facilities.

There is a full wellness zone on the podium level that will include a resort-style pool deck with spa, sauna, and both hot and cold plunge pools.

[smartcode_project:default project_id=22060 project_image_fid=6584]

&nbsp;

&nbsp;

Bella Vie comes to market at a time when Main Beach has little to no comparable projects in the pipeline — making it a rare offering that blends lifestyle, amenity, and accessibility in a location that typically reserves new supply for only the ultra-premium.

On the opening weekend, Pezet Matheson secured $25 million worth of sales.

&nbsp;

[smartcode_project_cta:default project_id=22060]

&nbsp;

Arena launches Bella Vie to undersupplied Main Beach apartment market

As Sydney continues to densify around new infrastructure corridors, <a href="https://www.urban.com.au/developments/melrose-park-nsw-2114">Melrose Park</a> is fast emerging as one of the city’s most ambitious urban renewal projects.&nbsp;

Melrose Park is quietly evolving into a test case for what higher-density living can look like when green space, infrastructure, and long-term planning are part of the equation from the outset.

One of the latest additions to Melrose Park is Dawn, a collection of 368 apartments developed by <a href="https://www.urban.com.au/developers/sekisui-house-australia">Sekisui House Australia</a> and joint venture partner Hankyu Hanshin Properties. Enquiry continues to flow from both first and next home buyers, as well as a handful of investors who are interested in the long-term growth opportunities in the growing suburb.

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<a href="https://www.urban.com.au/new-apartments/dawn-melrose-park-82-84-wharf-road-melrose-park-nsw-2114">Dawn</a>’s location sits within walking distance of the proposed Melrose Park Town Centre, which is expected to include two supermarkets, specialty stores and new dining precincts. The future Parramatta Light Rail Stage 2 will run through the area, complemented by a resident-only shuttle to Meadowbank Station and Wharf. Alongside the resident shuttle are new walking and cycling links through the neighbourhood and into surrounding suburbs.

With Parramatta just 10 minutes to the west and Sydney CBD about 30 minutes by car, the precinct is strategically positioned between two employment centres. A new public high school is also planned nearby.

Together, they reflect a more European model of city-making: mixed-use, highly walkable, and designed to grow over time.

“Our early marketing efforts are focused on encouraging early registrations, as we know buyers are eager to secure the best park-side apartments, particularly those at the most competitive price points," the Sekisui team noted.

"As an emerging hotspot and masterplanned community, Dawn and Melrose Park offer buyers the opportunity to be part of a thoughtfully designed neighbourhood with an exciting future.”

[smartcode_project:default project_id=145496 project_image_fid=334048]

Designed by <a href="https://www.urban.com.au/architects/group-gsa">GroupGSA</a>, Dawn prioritises natural light, ventilation and a strong connection to the outdoors. Every apartment includes a balcony, with many offering open views across the community’s central park - a two-hectare green space featuring walking trails, picnic areas and children’s play zones, and one of several public open spaces planned across the 30-hectare precinct.

The mix includes one, two and three-bedroom homes, as well as a limited number of penthouses with rooftop terraces.

Apartment sizes range from 51 sqm for one-bedders to 119 sqm for three-bedrooms, plus additional outdoor space. Each home includes basement parking, ducted air conditioning, Bosch appliances and integrated smart home features. Buyers also have the option to customise finishes, including upgrades to Miele appliances and timber flooring.

[smartcode_project:default project_id=145496 project_image_fid=334164]

The broader Melrose Park masterplan spans more than 30 hectares and is among the largest urban renewal projects currently underway in New South Wales.&nbsp;

Sustainability and design are central to the precinct’s planning, with Dawn achieving a 5-Star WELL rating for health and wellbeing design features. Residents will also have access to shared rooftop gardens, landscaped podium areas and private communal spaces.

Sekisui House is currently offering a five per cent deposit option - a move that aligns with broader efforts across the industry to lower barriers to entry in a high-cost market, without compromising build quality or location. For buyers weighing up their entry point, apartments at Dawn start from $649,000.

Construction on Dawn has commenced, and slated for completion in mid-2027.

[smartcode_project_cta:default project_id=334164]

Inside Dawn: A snapshot of where Sydney’s growth corridors are headed

There’s no shying away from the fact that the Bri​sbane property market is the best performing market in the country.

New apartments are being snapped up, and enquiry is at an all-time high across Apartments.com.au throughout the state, with demand strong across every development, location, and price point.

The imbalance between limited supply and rising demand has seen prices climb significantly in recent years — pushing Brisbane up the capital city rankings for median dwelling value, now sitting just behind Sydney.

While every suburb is experiencing growth, some untapped pockets are showing even stronger potential. That’s according to Place Bulimba agent Ally Edmonds, who sees real opportunity in Bris​bane’s inner eastern suburbs, where supply is unlikely to increase dramatically.

“Brisb​ane is going through a prolonged growth cycle across almost every market,” Edmonds says.

“History shows that suburbs with low supply continue to see long-term capital growth, outperforming the rest of the market. That’s exactly what we’re seeing in these smaller suburbs within the East Brisb​ane growth corridor.”

Edmonds points to suburbs such as Bulimba, <a href="https://www.apartments.com.au/developments/cannon-hill-qld-4170">Cannon Hill</a>, and Murarrie, all of which sit close to the city but remain undersupplied.

Values are tracking strongly, according to property data analytics firm Cotality — and it’s the unit sector that’s doing the heavy lifting.

While Bulim​ba is the headline suburb of the east thanks to its riverfront positioning, prime location, and thriving retail and family-home market, the surrounding suburbs are benefitting from the spillover effect.

In the past three months, dwelling values in Bulim​ba have lifted 4.3 per cent, with growth of 1.7 per cent in Murarrie and one per cent in Can​​non Hill. At a unit level (apartments and townhouses), growth has been even stronger.

Mur​arrie leads the way, with unit values up 5.3 per cent, outpacing Bulim​ba (3.5 per cent) and C​a​n​non Hill (3.3 per cent). Mur​arrie also presents a value opportunity, with a median unit price of $863,000 — some $165,000 less than Buli​mba.

Edmonds is currently selling the third and final stage of <a href="https://www.apartments.com.au/new-apartments/park-hill-village-collection-murarrie-19-governor-terrace-murarrie-qld-4172">Park Hill Village Collection</a> in Murarrie, the only new apartment development on the market in the area.

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The release features 65 one, two, and three-bedroom apartments across two buildings, Horizon and Skyline, at 19 Governor Terrace in the Park Hill community.&nbsp;

Set high on the hill, the elevated position delivers expansive views back to the Bris​bane CBD, a feature that resonates strongly with downsizers.

Designed by Kris Kowalski of Kowalski Architects, the buildings embrace the principles of classic modernism while responding to Bris​bane’s subtropical climate.&nbsp;

[smartcode_project:default project_id=149885 project_image_fid=346851]

Apartments have been crafted with a focus on space, light, and liveability. Most include generous balconies, study nooks, or private courtyards, while kitchens are fitted with Smeg appliances, induction cooktops, and externally ducted rangehoods.

Residents will also enjoy rooftop lounges and terraces with kitchenettes and barbecues, as well as landscaped ground-level communal gardens. These outdoor spaces balance privacy with interaction, offering greenery and uninterrupted city outlooks.

[smartcode_project:default project_id=149885 project_image_fid=346848]

Positioned just minutes from the Gateway Motorway, residents can be at Brisb​ane Airport in 10 minutes or on the Gold Coast or Sunshine Coast within an hour.

Locally, Mu​rarrie is seeing an uplift in amenity, with the new Rivermaker precinct and the popular BrewDog brewery drawing crowds and strengthening the suburb’s lifestyle credentials.

Everyday amenity is also close at hand, with nearby Can​​n​on Hill Plaza and access to schools, transport, and green spaces such as Colmslie Beach Reserve along the Bris​bane River.

“There’s nothing like this in Murarrie or the surrounding areas. We don’t believe there will be another opportunity at this price point anytime soon,” Edmonds says.

The apartments are under construction by respected local firm Skyline Builders, with completion expected by mid-2026.

[smartcode_project_cta:default project_id=149885]

Low supply, high returns: Why downsizers and professionals are targeting Brisbane’s inner east

Leading South East Queensland developer <a href="https://www.apartments.com.au/developers/sherpa-property-group">Sherpa Property Group</a> has officially launched stage two of Amargo in Palm Beach, the first of its affordability-focussed Flourish brand of new developments.

Stage two, The Canopy Collection, introduces 28 luxury residences, including four penthouses, which will be released to market later this year. It will feature two- and three-bedroom apartments, each with upgraded finishes, with prices starting from $1,425,000. 50 per cent of the apartments have already sold prior to launch.

The release follows the strong momentum from stage one, which secured over $110 million in sales within just a few months.

Sherpa Property Group founder Christie Leet said that the level of buyer interest has established a strong foundation for the next chapter at Flourish.

“We’ve received overwhelming interest in stage one of <a href="https://www.apartments.com.au/new-apartments/amargo-6-12-sixth-avenue-palm-beach-qld-4221">Amargo</a> and are excited to build on that momentum as we expand the Flourish brand,” Leet said.

“We anticipated strong demand for well-priced, high-quality homes in Palm Beach, but to have already sold 50 per cent of The Canopy Collection prior to launch is just incredible.”&nbsp;

Owner-occupiers have been the driving force behind the rapid sales of The Canopy Collection, accounting for 83 per cent of all purchases. &nbsp;

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The hallmark of Amargo will be the on-site ‘Community Sherpa’ dedicated to providing residents with assistance and activities to make day-to-day life easier by fostering a connected community.&nbsp;

“Community is a core focus for Sherpa,” said Mr Leet.&nbsp;

“Our ‘Community Sherpas' initiative is designed to foster meaningful connections among residents, helping them to build a supportive environment.”&nbsp;

“Research has suggested that the best way to support a younger generation is to surround them with emotional support and mentorship, and that is exactly what ‘Community Sherpa’ will do.”

Located at 6-12 Sixth Avenue, Flourish will rise 18 storeys, offering a mix of one-, two-, and three-bedroom apartments, with prices starting from $575,000.

“Flourish has been designed to appeal to a broad market with its diverse product mix, and it’s been great to see so many local and first-time buyers drawn to its accessible price point and iconic location.”

“We’ve deliberately moved away from catering to a single demographic because research shows tremendous health and well-being benefits that come from living in a mixed-generation community, especially where you can foster a culture of helping each other.”

“That’s what Flourish is about, creating a culture of support and connection where neighbours look out for one another.”&nbsp;

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At the heart of Amargo is an expansive 800 sqm rooftop retreat, designed as a sanctuary where residents can unwind, socialise, and recharge. The elevated space includes a northeast-facing pool, complete with pool deck cabanas and day beds, offering a serene escape with panoramic ocean views.&nbsp;

The rooftop also features private outdoor barbecues and a pizza oven, an internal private dining space, and a state-of-the-art gym with yoga zones and steam rooms. Residents will have access to hot and cold magnesium pools, designed to enhance well-being and promote a balanced lifestyle.

[smartcode_project:default project_id=146527 project_image_fid=306037]

“Given the site’s position, we wanted to create a rooftop that genuinely enhances everyday living. Where buyers can enjoy the spectacular views no matter where they live in the building,” Leet added.&nbsp;

“Every element has been designed to foster a sense of community and relaxation, providing residents with a unique space to connect, unwind, and enjoy.”&nbsp;

Following council approval, construction is well underway by LPS Group, offering buyers a rare opportunity to live in a prime location with luxury amenities at a competitive price.&nbsp;

Due to the success of Amargo, Sherpa will be bringing another Flourish project to Sixth Ave by the end of the year, with prices starting from $1.5 million.&nbsp;

Sherpa launches next stage of Amargo, Palm Beach

National developer Time &amp; Place has submitted a State Significant Development Application to the NSW Government to get its Potts Point redevelopment of The Chimes building on Macleay Street approved and underway.

Last year they had submitted the plans for the SJB-designed building through the City of Sydney Council. They are planning a brand new 12-level building with 34 apartments, reduced from the 45 previously put forward.

SJB noted in its Design Report they "investigated in detail the distinctive character of the site and local context."

"The proposed design responds carefully to the natural and built features of the site, social, economic and environmental conditions, and the layered history of Potts Point. The proposal has been designed to fit with and enhance the overall quality of the historical high-density community of Potts Point."

<img alt="Potts Point" data-entity-type="file" data-entity-uuid="d61abdc1-6ef5-486c-a9dc-17390fb30229" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-09-14%20at%209.08.06%E2%80%AFAM.png?VersionId=Rgk5PLkUJhzqbbc2fOjOUV7SQclDLNMb" />

SJB added that the proposed design provides&nbsp;multi-bedroom units to cater to the demand for quality housing in the high density area of Potts Point. The majority of apartments have three bedrooms.

"This replaces the low density of existing apartments on site, which consists predominantly of studio apartments without balconies."

Time &amp; Place have spent a reported $85 million buying all of the 80 studio apartments and car parks in the nine-level building that dates back to the mid-20th century when it was designed by Hugo Stossel, a modestly well-known post-War émigré architect who designed a number of similar residential apartment buildings in Sydney’s inner eastern suburbs.

<img alt="Time &amp; Place" data-entity-type="file" data-entity-uuid="78d20476-f6b2-4efb-8a83-12d7f38c647f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-09-14%20at%209.08.14%E2%80%AFAM.png?VersionId=ZQU4HH21p9rVcoSvw20kKpM8OsqCiJz2" />

Time &amp; Place made their intentions clear when they started buying apartments in the block a few years ago.

“Over the last 24 months, Time &amp; Place has worked collaboratively with owners at The Chimes, Potts Point, as well as representatives from the City of Sydney to ensure fair and considered outcomes were achieved for all involved," Time &amp; Place Director Evan Papadopoulos told Apartments.com.au late last year.

“A priority for our team has been to ensure that communications with all stakeholders have been consistent, thoughtful and clear from the outset. We will approach this next step in the same spirit of transparency and open-mindedness we have adopted over the course of this acquisition."

“We look forward to continuing to engage with the wider community to achieve positive outcomes for this iconic Potts Point site.”

The recent plans suggest it will cost around $100 million to construct the new building, that will feature ground-floor retail fronting Macleay Street and resident amenity in the form of two lap pools, and an outdoor gym on the third level, as well as additional communal space.

The affordable housing component, which has triggered a 30 per cent uplift in height of the building, will be operated by Bridge Housing Limited, who will assume&nbsp;management of the affordable housing dwellings within the project for a minimum of 15 years.

First look: Time & Place's take The Chimes, Potts Point redevelopment to NSW Gov

<a href="https://www.apartments.com.au/developers/jwland-development">JWLand</a> has opened the doors to a new display apartment in De Burgh, the final residential release within its Northbourne Village precinct in Lyneham.

The fast-tracked ground floor apartment, featuring two bedrooms and a large courtyard, gives prospective buyers a rare opportunity to inspect a near-finished product ahead of completion, due in late spring 2025.&nbsp;

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The opening comes as JWLand introduces a limited-time initiative allowing buyers to secure an apartment with a $5,000 deposit, with the remainder payable at settlement.

Traditionally, off the plan purchases require a five to 10 per cent deposit. JWLand’s $5,000 exchange offer is intended to lower the upfront financial barrier for buyers while enabling them to preserve funds for other commitments during the build phase.

&nbsp;

[smartcode_project:default project_id=139989 project_image_fid=350986]

<a href="https://www.apartments.com.au/new-apartments/de-burgh-at-northbourne-village-40-de-burgh-street-lyneham-act-2602">De Burgh</a> comprises two buildings that rise to nine storeys and step down to six toward De Burgh Street. The project features a wide variety of apartment configurations, from compact studios to expansive three-bedroom layouts, including loft-style residences.&nbsp;

JWLand’s design approach has prioritised natural light, privacy, and outdoor living, with ground-floor apartments offering private courtyards and upper-level homes benefiting from larger balconies or terraces.

[smartcode_project:default project_id=139989 project_image_fid=212889]

The display apartment, now open for viewing, reflects the broader interior specification across De Burgh. Kitchens are fitted with Fisher &amp; Paykel appliances, including induction cooktops, ovens, and dishwashers.&nbsp;

Ducted reverse-cycle air conditioning, with condensers positioned away from balconies, comes standard. Residents can also manage air-conditioning and lighting remotely via a smartphone app.

Double-glazed windows and sliding doors contribute to energy efficiency and comfort throughout the year, aligning with JWLand’s focus on durability and liveability. A 12-month post-settlement warranty, part of the JWLand Promise, supports quality assurance.

&nbsp;

[smartcode_project:default project_id=139989 project_image_fid=350984]

Residents will have access to a suite of shared amenities, including a rooftop garden with barbecue facilities, a fully equipped gym, a residents' lounge, and a parcel locker system.&nbsp;

A central landscaped courtyard will also provide green space within the development. Landscaping works have commenced, and internal fit-outs are nearing completion as construction progresses toward the scheduled late spring finish.

&nbsp;

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Located just 600 metres from the nearest light rail stop and three kilometres from Canberra’s city centre, De Burgh is well connected to public transport and amenities. The <a href="https://www.apartments.com.au/developments/lyneham-act-2602">Lyneham</a> wetlands border the site, while a range of cafes, restaurants, shops, schools, and universities are within proximity.

Owner-occupiers may also benefit from stamp duty concessions on off the plan purchases up to $1.02 million, provided contracts are exchanged before the unit plan is registered. Buyers will have the potential to save up to approximately $38,000, depending on the purchase amount.

[smartcode_project_cta:default project_id=139989]

JWLand opens display apartment at De Burgh, Lyneham, offers $5k deposits

Rob Steer's&nbsp;<a href="https://www.apartments.com.au/developers/steer-developments">Steer Developments</a> is doubling-down on Palm Beach, expanding its footprint with a new tower near the sand.

Steer has joined the ranks of developers taking up what is becoming precious land on Jefferson Lane, one row back from the beach.

He is seeking to develop Jardin, a nine-level, code-assessable building with 40 two- and three-bedroom apartments at 234-236 Jefferson Lane. Steer worked with the landowners to put together three sites totalling 1,242 sqm.

Steer had Plus Studio design the building, which "unfolds" among curated gardens, the Design Report submitted to the Gold Coast Council noted.

It said the building is&nbsp;“inspired by the essence of the Mediterranean, framed by sunlight, shaded by greenery, and elevated by form”.

A central architectural spine is accentuated by vertical planting, while stepped terraces to the west cascade toward the highway with integrated greenery.

<img alt="Jardin Palm Beach" data-entity-type="file" data-entity-uuid="b8a7b037-2c7b-4e68-bc8f-9b24d9cef99d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Jardin%20Palm%20Beachh.png?VersionId=Eia97cxNAYVxLUHziQxLq_uDCUE0aMfp" />

The proposal includes eight levels of apartments above a ground floor and two basement levels. There will be 24 two-bedroom and 16 three-bedroom apartments on offer.

The resident amenity is located on the ground level and will feature a swimming pool, gym, sauna, and barbecue deck.

Steer is currently delivering&nbsp;<a href="https://www.apartments.com.au/new-apartments/c-te-palm-beach-3-thirteenth-avenue-palm-beach">Côte</a>, just 17 apartments nearby on Thirteenth Avenue. After GCB, the builder of the project, collapsed, Steer brought development in-house, establishing SunBuilt.

Steer is the latest to join the ranks of Jefferson Lane. Recently Josh Foote's Ignite Projects launched Retreat Palm Beach, and Tim Gordon's Gordon Corp, in another joint venture with the Mathieson family, launched Elle on Jefferson.

First look: Steer joins Jefferson Lane, Palm Beach apartment boom with Jardin plans

Prolific South East Queensland developer Sherpa Group has snapped up two more Palm Beach sites to expand it's affordability focus Flourish brand of apartments.

They have paid a combined $30.5 million for the sites, an 810 sqm block at 7-9 Sixth Avenue, and a 2,050 sqm site at 1156-1164 Gold Coast Highway. The two sites will become Sherpa's third and fourth Flourish project locally, after Ovana and Flourish on Sixth. The developer expanded into Brisbane recently, launching Symphony, another under the Flourish banner.

Together, the Palm Beach acquisitions represent more than $42 million invested into the suburb in just over a year, underscoring Sherpa’s pivotal role in the suburb’s transformation.&nbsp;

The acquisitions follow the near-completion of Perspective Nexus and $110 million in rapid sales at Flourish on Sixth.

Christie Leet, founder of Sherpa Property Group, said the latest acquisition reflects the group’s ambition to lead Palm Beach’s renewal.&nbsp;

“Palm Beach is buzzing, but it’s been near impossible for locals to find something new that fits their lifestyle and budget,” said Leet.&nbsp;

“There’s a significant price gap between beachfront and non-beachfront properties – typically around 30 per cent, but in Palm Beach it can be closer to 100 per cent.&nbsp;

“That presents a tremendous opportunity, and we believe it’s our obligation as Sherpas to identify and deliver it for our community.”

Flourish projects are positioned as an attainable alternative to beachfront towers, offering design-led interiors, rooftop amenities and sweeping ocean views ideal for buyers ranging from young couples to rightsizers and families.&nbsp;

Leet said the response to Flourish on Sixth highlighted the unmet demand in Palm Beach.&nbsp;

“So many locals told us it was the first time they’d been able to buy into the Palm Beach apartment market,” he said.&nbsp;

“We’ve loved seeing buyers who’d previously been priced out finally get the chance to secure a home here – and that’s exactly what we want to keep delivering.”&nbsp;

The proposed development at 7 and 9 Sixth Ave will feature Flourish’s signature rooftop amenities and is scheduled to launch later this year, with construction planned to commence in Q1 2026 in partnership with local builder LPS Group.

Meanwhile, 1156-1164 Gold Coast Highway will showcase a ground-floor commercial precinct contributing to the vitality of Palm Beach as well as the renowned Flourish-style amenities, with the development application slated to be lodged next month, and construction anticipated to start mid-2026 by LPS Group, pending approval.&nbsp;

“Our partnership with LPS Group means we can and will deliver on our commitments, and that certainty gives buyers real confidence,” Leet added.&nbsp;

“Working together allows us to manage quality and timelines more effectively as we scale our pipeline across the region.”&nbsp;

Sherpa Group snaps up two more Palm Beach sites to expand Flourish brand

Kedron is the latest Brisbane suburb in-line for a large, mixed-use new precinct that will reshape the suburb.

George Weston Foods Limited,&nbsp;one of Australia and New Zealand's largest food manufacturers, has filed plans for a 3.6-hectare mixed-use precinct dubbed in the planning application as Bakery Square.

The proposal marks the first formal step in the long-anticipated transition of the former Top Taste factory site at 466–488 Gympie Road.

The application seeks preliminary approval via a variation request to facilitate a future urban renewal precinct comprising residential, commercial, retail, and community uses alongside new public open space.

According to the Town Planning Report by Urbis, the intent is to repurpose a strategically located parcel of low-impact industrial land into a connected, amenity-rich, medium-density lifestyle destination. The development would front one of Brisbane’s busiest public transport corridors and adjoin Bradbury Park, a 6.5-hectare green space.

<img alt="Kedron masterplan" data-entity-type="file" data-entity-uuid="c47d15a0-13f7-4e11-a957-c421599c4160" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/masterplan_0.png?VersionId=sQ5ApjQnSMymcAPF_1oQHA_MOPagbgz4" />

The proposal seeks to align with emerging policy directions under Brisbane: Our Productive City and the Brisbane Sustainable Growth Strategy, both of which identify the need to unlock “transition sites” for housing supply.

“The timely conversion of the site’s former industrial land will contribute to the supply of much-needed housing, especially within Brisbane’s core residential corridors," the assessment report noted.

<img alt="Kedron site" data-entity-type="file" data-entity-uuid="c3383033-10ce-4bdd-ae1b-00ac5fcd3b4f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/site_1.png?VersionId=yURNBeOOXL1.q3jZDexGuRX7ehVH1.gg" />

The precinct planning covers approximately 36,405 square metres over two lots: 30 Glentanna Street and 474A Gympie Road, both currently zoned Low Impact Industry and within the Chermside Centre Neighbourhood Plan area. The proposal is subject to impact assessment and has been referred to the State Assessment and Referral Agency for review.

The submitted documents frame Bakery Square as a key opportunity site on Brisbane’s northside. The Urban Context and Master Plan Report identifies the precinct as a “critical location” for establishing a contemporary mixed-use environment, capable of delivering the kind of holistic placemaking seen in other major Brisbane redevelopment areas.

Four defining characteristics support the site’s transformation:

<ul>
	<li>Proximity to transport: Located along Gympie Road, the site benefits from existing high-frequency bus services and planned future upgrades under Brisbane Metro Stage 2 to Carseldine.</li>
	<li>Lifestyle potential: With access to Chermside, Royal Brisbane and Women’s Hospital, and other employment nodes, the proposal aims to deliver a liveable, connected precinct.</li>
	<li>Co-location with green space: Bradbury Park offers an established recreation anchor, described as a “rare opportunity to co-locate high density living, a lifestyle precinct and open space.”</li>
	<li>Uncommon scale: The 3.6-hectare landholding is a rarity in Brisbane’s inner-northern suburbs, offering a blank canvas for integrated precinct planning.</li>
</ul>

Design evolution has been central to the application’s development. A height transition strategy has been proposed to mediate built form across the site and surrounding context. The tallest elements will be centrally located, stepping down toward Gympie Road, adjacent residential areas, and Bradbury Park. An “urban common” forms the heart of the site and integrates new public open space, pedestrian links, and activated edges.

“This is one of the most critical locations to establish a new mixed-use precinct with significant development uplift on the northside of Brisbane,” Urbis noted in the Urban Design Report.

“Bakery Square can provide the housing, amenity, and local character expected of a modern, infill lifestyle precinct”.

<img alt="Kedron Terraces" data-entity-type="file" data-entity-uuid="d3139767-1ccc-4c54-a929-9007ce50a375" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/masterplan%20terraces.png?VersionId=Bbl8KWayOHtGpsUeRz6.JLskqop5xjlN" />

The built form strategy anticipates mid-rise development consistent with the emerging character of Gympie Road. According to the variation document, the maximum height sought is 10 storeys (approx. 35m), though individual buildings and sub-precincts are expected to vary. The proposed code amendments would enable staged delivery across multiple sub-areas within the site, balancing residential intensity with commercial, retail, and urban services.

From a housing perspective, Bakery Square represents a significant potential boost to Brisbane’s infill supply. While the DA does not lock in a specific number of dwellings at this stage, planning documents suggest a strong emphasis on diverse housing typologies, including apartments and build-to-rent options.

The Town Planning Report notes that “the proposal enables a planning framework that will facilitate the eventual delivery of residential housing typologies to support emerging demographic needs” and directly respond to the housing supply targets identified in ShapingSEQ 2023.

<img alt="Kedron commercial masterplan" data-entity-type="file" data-entity-uuid="617fc5cf-1a92-475c-8244-8c6d859fcfc3" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/masterplan%20commercial.png?VersionId=jHMPFVecoryM4XkeIi4psY3SnAbQnDEn" />

George Weston Foods Limited, an ASX-listed entity and one of Australia’s largest food manufacturers, has owned and operated the site for over five decades. The former Top Taste baked goods factory ceased operations in 2020. Since then, the property has been used intermittently as a warehouse and for contractor works associated with the recent Gympie Road upgrade.

Surrounding the site, the local context is typified by a mix of medium-density residential, retail, and light industrial uses. Chermside Westfield, Prince Charles Hospital, and the Chermside Health Hub all lie within 1.5km, reinforcing the precinct’s strategic position. The area is also undergoing broader transition, with the Kedron Future Growth Node flagged for long-term renewal.

First look: Bakery Square precinct to breathe new life into Brisbane's Kedron

As demand grows for greener, more energy-efficient homes, one of the Gold Coast's oldest developers is setting a new benchmark for sustainable living.

Founded in the late 1950s by visionary developer Bernard Lewis, Lewis Land is creating what it calls the most sustainable project in the city’s history at Biggera Waters. <a href="https://www.apartments.com.au/new-apartments/harbour-shores-biggera-waters-564-oxley-drive-biggera-waters-qld-4216">Harbour Shores</a> is the first development in the region to achieve a 6 Star Green Star Community V1.1 rating from the Green Building Council of Australia — a world-leading sustainability standard.

[smartcode_project:default project_id=113271 project_image_fid=247080]

With buyers increasingly prioritising sustainability in their decisions, Harbour Shores aligns with strict environmental standards while fostering a walkable, fossil-fuel-free lifestyle that resonates strongly with modern purchasers.

The project also represents the largest in Lewis Land’s 65-year history, spanning over 16 hectares. Its masterplan incorporates features such as water-retention tanks, solar power, and EV charging stations, alongside the planting of more than 200,000 tropical and native plants. This integration of nature and technology supports energy-efficient living and promotes a resilient community designed for intergenerational living and long-term wellbeing.

By excluding natural gas, residents will be able to use 100% renewable energy sources — significantly reducing their carbon footprint through solar, wind and hydro power. They will also have access to 100% GreenPower®, improving air quality by eliminating harmful emissions from cooktops, ovens and heaters.

[smartcode_project:default project_id=113271 project_image_fid=4578]

Energy bills will be reduced thanks to smart design, including double-glazed windows, energy-efficient appliances, and cooler roof colours. Rooftop solar panels will further cut household costs while reducing CO₂ emissions.

On-site rainwater harvesting will irrigate gardens, saving thousands of litres of potable water each year, while water-efficient appliances will further reduce consumption and costs inside the home.

[smartcode_project:default project_id=113271 project_image_fid=290028]

Designed by BDA Architecture, the precinct will evolve over the next decade into a vibrant “village of villages,” housing more than 4,000 residents. The masterplan includes a mix of apartments, villas, communal open spaces and parklands, a 1.2-kilometre waterfront boardwalk, private marina berths and a suite of resort-style amenities.

Respected local builder Greyburn has been appointed to deliver the first boutique buildings, scheduled for completion in mid-2026.

[smartcode_project_cta:default project_id=113271]

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