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?

Recently&nbsp;we were&nbsp;invited&nbsp;to take a walk through Mirvac's prestigious &amp; highly coveted master-planned community, Tullamore, to&nbsp;get a feel for the limited edition collection of <a href="/developments/doncaster-vic-3108">Maple homes</a> which are currently selling off-the-plan.&nbsp;

Check out our video tour:

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="415" src="https://www.youtube.com/embed/hCLFOYAx6PE" width="660"></iframe>

<h2>MAPLE HOMES BY MIRVAC AT A GLANCE</h2>

Developer:&nbsp;Mirvac

Location: 11 Heritage Boulevard, Doncaster VIC 3108

[smartcode_project:default project_id=22803]

Tullamore is where nature meets luxury. As we make our way through the community, set on the former Eastern Golf Course, you'll notice the lush greenery and planting, with plenty of space to relax and enjoy a daily walk, situated just 17km from Melbourne's CBD.&nbsp;

The exclusive Maple home release offers spacious, contemporary residences ideal for family living. From state-of-the-art fixtures and finishes, with SMEG appliances and butler's pantries, to expansive balconies overlooking the 6.8-hectare nature reserve, these homes are perfect for entertaining.

<a href="/developments/doncaster-vic-3108"><img alt="" data-entity-type="" data-entity-uuid="" height="1150" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/maple1.png" width="2372" /></a>

The fully-tiled bathrooms feature semi-frameless showers and a luxurious bathtub with built-in storage nooks and high-quality chrome tapware.

Each home boasts plenty of open-plan living space, with an abundance of natural light filling each room through floor-to-ceiling glazing, creating a peaceful environment for day to day living.

The Maple homes provide the perfect option for families, with flexible floorplans allowing you to make your new home your own.&nbsp;

<a href="/developments/doncaster-vic-3108"><img alt="" data-entity-type="" data-entity-uuid="" height="1306" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2020-07-15_at_6.26.00_pm_1.png" width="2496" /></a>

Set over two and a half levels they include four spacious bedrooms, 3.5 bathrooms and a double lock-up garage. Buyers will also have the opportunity to secure a home with a spectacular view of the nature reserve, guaranteeing you fantastic vistas that won't be built out.

Each home will achieve a 6 Star environmental rating, solar integration, LED downlights and electric car charging provisions. Walls within all properties have also been painted with low VOC paint – creating a healthier home for you and your family.&nbsp;

<a href="/developments/doncaster-vic-3108">Book your appointment</a> with a Mirvac Sales Consultant today for your opportunity to purchase a stunning limited-edition Maple home by Mirvac.

Olivia Round

Display Tour: Maple Homes by Mirvac at Tullamore, Doncaster

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Knowing the developer and their projects is an important step in preparing to purchase an off-the-plan property.

But, navigating through pages of reviews on past projects – on top of the already exhausting task of searching for a home – might seem daunting to some first home buyers.

While every first home buyer has different needs for their home, they all want one thing: to have complete trust in the developer.

Buying from a developer with a track record and long-term commitment to delivering quality projects is the best way to do this.

To help, Urban takes a look at ten developers operating in Victoria that you should know about. 
 

1. <a href="/developers/caydon-property" target="_blank">Caydon Property</a>

Establishing a strong presence in Melbourne over the last 17 years, Caydon Property’s portfolio boasts many major landmark developments in the Victorian capital.

Privately owned, the group has focused on enriching communities with their contemporary apartments, commercial spaces, retail outlets and luxury hotels.

As one to watch, Caydon has ensured a continual pipeline of projects with developments, all of which sit within 10-kilometres from the CBD.

[smartcode_project:default project_id=24441]

Caydon currently has over $1.5 billion worth of developments established across Melbourne and the US, with past projects including Focus on Mason, Ivanhoe and Due North.

Their latest project in Alphington, HOME by Caydon, boasts 324 residences in one, two and three-bedroom configurations, designed by Caydon’s in-house design team. 
 

2. <a href="/developers/dealcorp" target="_blank">DealCorp</a>

Since its beginnings in Melbourne in 1984, DealCorp has gone on to complete over 50 projects across the retail, residential and commercial sectors.

DealCorp offers high-quality, considered projects, creating dynamic, innovative and timeless properties, with current projects including Eclipse Townhomes and Polaris 3083.

[smartcode_project:default project_id=25889]

As one to watch in 2021, Urban has identified the group’s potential with many projects in planning over the new year. Awarded the development rights to Ormand Station in 2015, interested buyers are expecting the plans unveiling the residences above the station to be revealed soon.

Other projects by DealCorp includes their McKinnon project MCKN, comprising five levels of spacious, high-quality apartments. Two-bedroom apartments in the project are listed from $682,500.

[smartcode_project:default project_id=4939] 
 

3. <a href="/developers/stockland" target="_blank">Stockland</a>

As one of Australia’s largest diversified real estate groups with $15.2 billion in real estate assets, Stockland has earned their place as an Urban must-watch.

Stockland aims to make thriving communities for growing families, first-home buyers, empty-nesters and everyone in between. 105 families move into a Stockland home every week.

Across Australia, the development group has 51 residential communities and with more in the pipeline, Urban is expecting big sales as first-home buyers choose suburbia’s green spaces over city-living.

The group’s dedication to sustainability has also made them one to watch. Although overtaken on the Dow Jones Sustainability Index as the most sustainable real estate group after five consecutive years, Stockland continues to pave the way for setting new benchmarks in sustainable developments and environmental management.

[smartcode_project:default project_id=29947]

Among their current projects includes Altona North’s Haven Townhomes and the Terraces at Minta in Berwick.

Perfectly located just 11km from Melbourne’s CBD, Stockland's Haven offers a collection of boutique townhomes, designed in collaboration with award-winning SJB Architect. 
 

4.<a href="/developers/id-land"> ID_Land</a>

A newer Melbourne-based developer, ID_Land was founded in 2009 with a diverse development pipeline in excess of $2 billion.

[smartcode_project:default project_id=9023]

“With experience in all forms of residential development, we offer a proven track record of managing the successful delivery of communities of varied scale and complexity”, director Matthew Belford said.

With an array of successful residential developments, ID_Land has been earmarked as one to watch this year with the upcoming projects including Canvas, Yarraville Place and The Walter.

Situated in a prime inner-north location, The Walter offers residents unparalleled access to amenities, with features including expansive glazing, high ceilings and modern interiors.

ID_Land also have Port Lane, a new townhouse development in Port Melbourne. The coastal community will see prices starting from $995,000 for the three bedroom townhouses designed by Rothelowman.

[smartcode_project:default project_id=89720]

5. <a href="/developers/frasers-property" target="_blank">Frasers Property</a>

With over 95 years’ heritage in Australia, Singapore-based Frasers Property operates across residential, retail, commercial and industrial property markets.

Off the success of their sold-out past projects within Victoria, including Flourish Parkside and Reside Carlton, Urban expects another big year for the developer.

[smartcode_project:default project_id=14940]

Designed by DKO Architecture, Frasers’ award-winning development, Burwood Brickworks, offers sustainable townhomes and apartments with a commitment to the environment.

Last November, Frasers Property was won two awards in the Global Real Estate Sustainability Benchmark (GRESB) rankings, named the ‘global development sector leader – residential’ and the ‘global non-listed sector leader – diversified office/industrial’.

CEO Anthony Boyd said the rankings were a reflection of the company’s consideration of environmental, social and financial sustainability in all its operations. 
 

6. <a href="/developers/bhc-property" target="_blank">BHC Property</a>

Specialising in luxury townhomes and multi-residential projects within the Melbourne property market, Urban expects 2021 to be a big year for BHC Property.

Renowned for their family-style developments boasting a sense of community and quality, BHC projects are marked by superb locations and distinct designs.

[smartcode_project:default project_id=13035]

Amongst their past projects are the sold-out Box Hill townhomes, Carrington Hill, and Parkfield in Noble Park.

Other projects in the pipeline include 1975, offering three and four-bedroom homes that are configured across multiple levels at 1975 Malvern Road in Malvern East. 
 

7. <a href="/developers/mirvac" target="_blank">Mirvac</a>

[smartcode_project:default project_id=22803]

With an unmatched reputation for delivering quality products in the residential development sector, Mirvac has become a leading Australian property group. Founded in 1972, the company has close to 50 years’ experience making it a trustworthy developer of your new property.

Mirvac is known for their delivery of upfront amenity, diversified product range and quality design. The group delivered in excess of 2,500 lot settlements with a record level of apartment settlements at the end of last financial year.

As one to watch, potential buyers and investors should keep an eye on Mirvac’s many residential developments, including Tullamore, a 47-hectare development in the sought-after suburb of Doncaster.

[smartcode_project:default project_id=22584]

Located 13-kilometres from Melbourne’s CBD, Tullamore is set to offer the soon-to-be-completed Folia stage, which will see 102 one, two and three-bedroom residences across five and seven floors. Folia is expected to reach completion in April 2021. 
 

8. <a href="/developers/beulah">Beulah International</a>

An Australian property developer based in Melbourne, Beulah International have expanded into global operations with significant projects including Ivanhoe’s Hallmark and Fawkner House in South Yarra.

From thoughtfully considered individual experiences to city-defining mixed-use developments, Beulah is known for their transformative spaces an progressive design approach.

As one to watch, Beulah have cemented their place as a developer to watch with the successful sell-out of Gardenhill and their engagement on high-profile projects, including the proposed Southbank by Beulah.

[smartcode_project:default project_id=8804]

Southbank, a dual skyscraper designed by UNStudio and Cox Architecture, will host the Southern Hemisphere’s tallest building upon its completion. Construction on the project is expected to begin this year after securing approval from planning minister Richard Wynne last April.

 

9. <a href="/developers/milieu-property" target="_blank">Milieu Property</a>

Milieu Property is a boutique development company focused on “creating spaces of positive influence, both inside and out.” Inspired by Melbourne, the group’s projects are informed by their surrounds and designed to respond to their context.

[smartcode_project:default project_id=5890]

Based in Collingwood, the group have secured their place as a must-watch with approximately $300 million of projects under development.

Just over 10 years old, the company has made their mark on the Victorian capital with developments including Nth FITZROY, Brunswick East and Breese Street.

Brunswick East is a set of 48 apartments in the heart of Melbourne’s inner north. This project will be a collaboration with Fieldwork Architects and Foolscap Studio. 
 

10. <a href="/developers/riverlee" target="_blank">Riverlee</a>

Based in Melbourne and established in 1993, Riverlee is a privately-owned property group specialising in development. The family business has delivered over $2.5 billion of urban land and master-planned communities, commercial office, residential, and hotel developments.

[smartcode_project:default project_id=891]

With a track record to contributing to the economic growth of Victoria, Riverlee is a trustworthy developer with a reputation built on its integrity and determination.

Existing projects of note include Jaques at Richmond, their 370 Docklands Drive development and Tarneit residential estate, The Heartlands.

To watch this year is the group’s Seafarers project on the Yarra River, awarded silver at last year’s Melbourne Design Awards. Seafarers offers a limited collection of 123 impeccably-crafted riverfront residences.

[smartcode_project:default project_id=27728]

Designed by Fender Katsalidis, Seafarers will boast private dining rooms, 24-concierge and valet, swimming pool and sweeping Yarra River and park views.
</body></html>

Urban takes a look at ten developers operating in the VIC that you should know about

max.kwok_55688

10 developers to watch in VIC in 2021

First home buyers, investors and downsizers alike will find comfort knowing that you can find a brand-new luxury apartment in New South Wales&nbsp;at an affordable price point.

Urban takes a look at five new developments on the market under $440,000, approximately&nbsp;43&nbsp;per cent lower than <a href="/news/nsw/may-2021-how-did-the-sydney-apartment-market-perform-in-april" target="_blank">Sydney's median unit price of&nbsp;$771,859</a>, calculated by CoreLogic.

1. Georgette, Schofields 
Address: 23-27 Schofields Road, Schofields NSW 2768 
One-bedroom apartments from $440,000

[smartcode_project:default project_id=32227]

Georgette is the second stage of Positive Investment Enterprise’s Kew Schofields project, integrating convenient living with natural beauty in one of Sydney’s newest suburbs, Schofields.

Slated for completion later this year, Georgette boasts light-filled apartments in one and two-bedroom configurations.

Designed by PBD Architects, the residences feature ample storage, extended gardens and state-of-the-art energy and storage innovations thanks to a partnership with Tesla.&nbsp;

2. Mason &amp; Main 
Address:&nbsp;249-258 Merrylands Road, Merrylands NSW 2160 
One-bedroom apartments from $394,000

[smartcode_project:default project_id=31751 project_image_fid=160996]

Coronation Property’s latest master-planned community, Mason &amp; Main, offers smart-designed apartments&nbsp;set above an exciting new gourmet dining and fresh food marketplace.

Designed by Woods Bagot on Merrylands Road, Mason &amp; Main features a green roof, communal amenities and public space on the ground floor with commercial premises.

One-bedroom apartments in the development, slated for completion in late 2022, start from $394,000.

3. Riva, Parramatta 
Address: 30 Charles Street, Parramatta NSW 2150 
One-bedroom apartments from $405,000

[smartcode_project:default project_id=25842]

Offering apartments that are an impressive 20 per cent more spacious than those in neighbouring buildings, Riva offers brand-new luxury residences at an affordable $405,000.

Buyers can choose from studios, dual key and oversized configurations, with each residence in the Meriton project boasting floor-to-ceiling joinery, panoramic views and contemporary design.

The complete and ready to move in Riva development is part of the future 180 George mixed-use precinct, set to deliver world-class facilities, from dining and retail to resort-style facilities.

4. Collection, Rouse Hill 
Address: 49 Terry Road, Rouse Hill NSW 2155 
One-bedroom apartments from $399,000

[smartcode_project:default project_id=6284]

As the most affordable property on this list, the Marquess Group’s Rouse Hill project, Collection, offers 311 residences in one, two and three-bedroom configurations in Sydney’s growing north-west.

The DKO Architecture-designed development features luxury and modern design with spacious open-plan layouts, walk-in showers and on-site amenities.

Generous entertainer balconies boast beautiful views of the surrounding landscape and Berowra Valley National Park.

5. Lumina, Penrith 
Address: 26 Lord Sheffield Circuit, Penrith&nbsp;NSW 2750 
One-bedroom apartments from $395,000

[smartcode_project:default project_id=7320 project_image_fid=75378]

Developed by Urban Property Group,&nbsp;Sheffield Quarter’s Lumina is a rare find that raises the bar on contemporary luxury living.&nbsp;

Situated in one of Australia's fastest-growing regions, the project is located in close proximity to Penrith's dining precinct, stunning parklands, the Nepean River and the Blue Mountains.

Residences at Lumina, Sheffield Quarter offer a choice of one, two, or three-bedroom apartments and&nbsp;features inspired design by DKO Architecture, premium finishes and a lush rooftop garden.

5. Concerto, Merrylands 
Address: 228 Pitt Street, Merrylands NSW 2160 
One-bedroom apartments from $415,000

[smartcode_project:default project_id=24321]

Dyldam’s masterplanned precinct, Opera, comprising 1,200 residential units over a 2.5-hectare site has introduced their first stage, Concerto.

Located just five minutes from the Parramatta CBD, the 19-storey project offers one, two and three-bedroom residences with a variety of configurations and floor-plans.

Designed by Plus Architecture, the 363-resident building is expected to reach completion this year, featuring amenities such as a rooftop courtyard, pool, gym and barbeque facilities.

With four levels of secure parking for cars and bicycle spaces, come home to a space filled with light and effortless style at Concerto.

View the top five <a href="/news/nsw/june-2021-the-top-five-two-bedroom-apartments-you-can-buy-in-sydney-under-655000">two-bedroom&nbsp;apartments you can buy in Sydney&nbsp;here</a>.

With Sydney's median unit price at $771,859 in April, Urban takes a look at five new developments on the market that you can secure for under $440,000

July 2021: Top affordable apartments in Greater Sydney for under $440,000

First home buyers, investors and downsizers alike will find comfort knowing that you can find a brand-new luxury apartment in Melbourne at an affordable price point.

Urban takes a look at five new developments on the market under $400,000.

1. Live City, Footscray 
Address: 124-188 Ballarat Road, Footscray VIC 3011 
One-bedroom apartments from $350,000

[smartcode_project:default project_id=3565]

Backed by developer R&amp;F Property Australia, the new masterplanned community Live City comprises 208 residences spread across 14 floors. The community is set to deliver over 1,400 apartments across eight buildings.

Designed by Elenberg Fraser, each residence features floor-to-ceiling windows, contemporary interiors and an abundance of natural light.

One-bedroom apartments within the complex sell for an affordable $350,000 – the best value property on this list.

2. Ovation, Footscray 
Address:&nbsp;94 Buckley Street, Footscray VIC 3011 
One-bedroom apartments from $367,500

[smartcode_project:default project_id=5490 project_image_fid=78492]

Ovation is one of the latest Footscray apartment developments to be launched.&nbsp;

Developed by Keystone Property Group, Ovation comprises just 131 apartments in the contemporary KUD Architects-designed building on Buckley Street.

Each first home buyer who buys an apartment in the development <a href="/news/vic/first-home-buyers-at-ovation-footscray-given-free-car-on-purchase">gets a free car worth $25,000</a>.

3. Folia, Doncaster 
Address: 59 Stables Circuit, Doncaster VIC 3108 
One-bedroom apartments from $400,000

[smartcode_project:default project_id=22584]

The newest chapter of Mirvac’s Apartments of Tullamore, Folia offers residents sustainable living from an entry price point of $400,000.

Offering 102 one, two and three-bedroom residences, the project boasts an curved façade designed by Mirvac’s in-house design team, greenery-fringed balconies and a rooftop conservatory.

The development has earned a six-leaf EnviroDevelopment accreditation, the highest available in Australia, thanks to its sustainable features, such as a 70kWh solar panel array, battery storage and integrated water management plan.

4. Liberty One, Footscray 
Address: 1 Warde Street, Footscray VIC 3011 
One-bedroom apartments from $396,000

[smartcode_project:default project_id=709]

Liberty One, a Footscray development by Bensons Property Group, features 350 one and two-bedroom apartments from an affordable $396,000.

Designed by CHT Architects, the functional design boasts floor-to-ceiling windows, open-plan living space and private balconies, as well as amenities including a residents’ lounge, gym and outdoor cinema.

First home buyers will save even more with the HomeBuilder grant and stamp duty incentives, with potential savings exceeding $23,000.

5. M-City, Clayton 
Address: 2107 Dandenong Road, Clayton VIC 3168 
One-bedroom apartments from $371,300

[smartcode_project:default project_id=528]

Delivered by Schiavello, the masterplanned M-City offers 460 residences across four buildings. The first building, M1, sold out within 14 days, reflecting the attractive investment opportunities the residences present for first home buyers and seasoned investors alike.

Designed by Buchan Group, the apartments include smart design features, private balconies and an abundance of light.

M-City delivers on its promise of resort-style amenities, boasting a community childcare centre, luxury outdoor pool, tennis court, gym and pharmacy at an entry price of $371,000.

Urban takes a look at five new developments on the market under $400,000.

Five affordable apartments in Melbourne under $400,000

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Crown Group appoints Japanese architect Kengo Kuma to design luxury Brisbane residence

World-renowned Japanese architect Kengo Kuma will design his first ever residential project in Brisbane, to be delivered by the Crown Group.

The highly acclaimed architect, known for creating the Suntory Museum of Art in Tokyo, Tokyo's Olympic Stadium for the 2020 games and Bamboo Wall House in China, will work alongside Plus Architecture on the $500 million development at West End.

Crown Group CEO Iwan Sunito said he was honoured Kengo Kuma had agreed to work on a project with Crown Group again.

<img alt="" height="901" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/20220966c186c707b8a1cbad566c09bbda2b9eb8_new-content-building-d-four.jpg" width="1600">

Kuma has been engaged by Crown previously as one of the designers behind the five-building Mastery by Crown Group project in Sydney’s Waterloo, alongside architects Koichi Takada and Silvester Fuller.

“The West End development has the potential to become the largest residential development that [Kuma] has designed to date, in terms of its expansive floor area”, Sunito said.

Set on 1.25-hectares of prime waterfront land, the West End development will also be the Crown Group’s first in Queensland, offering luxury apartments, terraces and penthouses.

[smartcode_project:default project_id=7020]

Amenities set to be delivered alongside the project include barbecue and poolside facilities, gym, pool, community room and lush tropical gardens.

The development aims to create strong physical, cultural, and emotional connection between the Brisbane river and the residences, according to Kuma.

“A large open space component will provide a place where people can connect with one another while enjoying the views, sounds, and atmosphere of this beautiful river,” Kuma said.

The design concept is expected to be completed early this year, with revised designs to be lodged with Brisbane City Council in mid-2021.

<h2>Other luxury developments in Brisbane</h2>

1.     Queen’s Wharf Residences 
Address: 8 Margaret Street, Brisbane QLD 4000 
One-bedroom apartments from $565,000

[smartcode_project:default project_id=13276]

Expected to reach completion in 2023, Queen’s Wharf Residences is set to offer 667 residences over 64 storeys.

Delivered by Far East Consortium, the $3.6 billion development enjoys two levels of residents’ amenities including a 22-metre lap poo;, spas, yoga spaces, dining rooms and cinema.

Only one and three-bedroom apartments remain in the complex, with spacious designs, contemporary features and a choice between balcony or wintergarden, designed by Cottee Parker Architects. 
 

2.     Mary Lane 
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.

For just $460,000, residents will have access to private amenities, such as a residents-only foyer, terrace pool, gym and function room. Although its perched above the Westin Hotel, the foyer and lifts remain separate.

Designed by Woods Bagot, apartments within the development boast floor-to-ceiling windows, a balcony and a full-size kitchen with quality appliances.
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The highly acclaimed architect will work alongside Plus Architecture on Crown Group's $500 million development in Brisbane's West End

Crown Group appoints Japanese architect Kengo Kuma to design luxury Brisbane residence

<html><body>Positioned on the edge of the West Gippsland region and just 45 minutes from Melbourne’s CBD, this 136 townhouse development is strategically located next to Pakenhan train station &amp; future childcare centre.</body></html>

Live within walking distance to the heart of Pakenham.

urban.com.au

Oreana Property introduces a new townhouse development for Pakenham.

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Wain Lodges offers a relaxed lifestyle with a host of amenities on its doorstep and an excellent level of finishes. The local neighbourhood provides a range of educational, recreational, retail and transport facilities.

Located approximately 39km north of Brisbane CBD within the Moreton Bay Region. The development is located just minutes away from local shopping precincts, parks and schools. The development is also a short drive to Westfield North Lakes and Caboolture Private Hospital.

Introducing the latest exclusive residential community in Burpengary made up of 67 Townhouses. Built to the highest standard with quality fixtures and fittings and offering modern day comforts, this project provides two-story Townhomes offering either 3 bedrooms, 2 bathrooms and single car garage, or 4 bedrooms, 3 bathrooms with double car garage with all plans providing a separate toilet downstairs. The open plan designs and split system reverse cycle air conditioning allows for comfortable, spacious living for residents.

 

PROPERTY KEY DETAILS:

Air conditioner to Living and Master Bedroom

Stainless Steel Appliances to Kitchen including Stone Benchtops

Carpeted Bedrooms with built-in robes and ceiling fans

Vertical blinds throughout

Remote controlled Garage

Mulching and selected planting to rear yard garden

Security screens to all external doors, windows of lowset lots, and lower level of highset lots

Flyscreens to upper floor where applicable

Onsite Management

Entertainment Area

Gym
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Enjoy open plan living in a desirable location.

Introducing the latest exclusive residential community in Burpengary, Wain Lodges.

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A residential oasis at the heart of modern eastern suburbs life, Orchid is the final first stage offering within the celebrated Pagewood Green master-planned community. 
Pagewood Green will boast its very own 6,000sqm retail precinct anchored by a major national supermarket and an array of supporting retailers including food, medical and leisure. 

Overlooking the Central Park in the development, Orchid boasts the most desirable position within Pagewood Green. Offering oversized apartments across four buildings up to 21 storeys high which are connected by a lush podium garden. 

Offering unobstructed views over the Central Park with higher floor apartments enjoying northern views to the Sydney CBD, eastern views to Maroubra Beach and southern views to Botany Bay, these apartments are a stunning collaboration between Meriton and award-winning architects, PTW.

The stunning interiors draw inspiration from Orchid’s natural parkside surrounds and the sensational vistas that define the apartments. Considered planning ensures all layouts seamlessly flow from functional living spaces onto entertaining or semi-enclosed balconies and terraces, designed to capture the stunning vistas from all angles, both indoors and out.

Life at Orchid revolves around convenience and lifestyle, both within your Pagewood Green community as well as the prized eastern suburbs amenities that surround you. It’s the perfect location with everything at hand. 

Close to home, there’s all the urban amenity you could ever need. Take the lift down to the ground floor and visit one of the nine specialty retail stores that spill onto a beautifully landscaped civic space adjoining the Central Park. 

Next door, Westfield Eastgardens is home to over 300 specialty stores including supermarkets, department stores, banks and specialty retail.

In the skies, spectacular podium gardens on Level 5 and rooftop garden retreats on Level 17 shape exclusive residential sanctuaries above. Host summertime gatherings under the elevated dining pavilions, or simply relax in the lush gardens and enjoy the panoramic views. Orchid combines the atmosphere of a resort getaway with prestige city living, all in one address. It’s a luxury weekend retreat you can enjoy every day of the year
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Unobstructed views over the Central Park in the heart of Eastgardens.

Orchid combines the atmosphere of a resort getaway with prestige city living, all in one address.

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Coming to Box Hill is The Parade, designed by award-winning architects, Hayball and comprising 58 one and two bedroom residences across 12 floors.

The building’s signature cascading facade gives the ability to deliver generous balconies with uninterrupted sky views and light-filled living spaces and varied floor plans to appeal to a diverse range of buyers. 

Inset sections and recessed windows achieve a deconstructed silhouette and dynamic profile with impressive street appeal. Glazed ground-level frontage provides stylish access, leading to the visitor foyer.

Designed with the latest environmental standards, The Parade incorporates sustainable materials and the harvesting of rainwater and sunlight, making this a benchmark for modern living and an example for further Box Hill development.

Interiors are expertly crafted and refined to your modern lifestyle. The palette is sophisticated with quality fixtures with soft accents. The overall interior approach is contemporary yet timeless, and finished with an absolute attention to detail.

Quality and durable surfaces such as high-end European stainless steel and reconstituted stone bench-tops are featured throughout the kitchen, with a high-quality range hood, selected for power and efficiency, concealed to streamline your home.

Living in Box Hill is effortless, with tree-lined streets, parks, reserves, schools, employment, major shopping and transport options all within walking distance from your home.

The Parade is 14km from inner-city Melbourne. With the Box Hill Station and an extensive tram line on Whitehorse Road, travelling is simple and easy.

Box Hill is set to explode as a major activity centre for the North-East, furthering developments in property, employment and civic services. The revitalisation of the suburb will transform it into a mini-CBD with fair job distribution, mixed use precincts and high walkability and green space.

Urban’s three favourite things about The Parade, Box Hill:

<ul>
<li>LOCATION.</li>
	<li>Generous balconies with sky views.</li>
	<li>Spacious and light filled apartments.</li>
</ul>
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Coming to Box Hill is The Parade, delivering generous balconies with uninterrupted sky views.

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Mulpha Australia has released 15 private villas for sale on the Whitsundays Hayman Island, where Mulpha own the InterContinental Hayman Island Resort.

The luxury self-contained villas have three ensuited bedrooms, a fully appointed kitchen and dual living areas with balconies, opening to a private swimming pool.

The villas will also be designed to minimise carbon footprints with energy efficient fittings and solar electricity.

Construction of the architecturally designed villas is being fully managed by Mulpha and construction of the first villas is expected to commence in March 2021.

<img alt="" height="807" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/hayman_1.jpg" width="1200">

Hayman Estates is limited to a total of 21 residences in a gated enclave with six residences having been completed in prior years.

Owners will have the option for private exclusive use or the option of adding their property to the luxury hotel pool for domestic and international guests seeking a private retreat with all resort services. 

<img alt="" height="899" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/hayman_intercontinental.jpg" width="1200">

Mulpha general manager of sales and development John Hughes says once the villas are sold, there will be no further similar villas included within the Hayman Island masterplan being surrounded by World Heritage National Park.

“It’s your own slice of paradise set in one of the most sought-after leisure destinations in the World. This is privacy at its best or simply a luxurious resort living at its best”, Hughes says.

<img alt="" height="798" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/hayman_2.jpg" width="1200">

“These competitively priced villas offer exceptional design quality, value, and the ultimate in tropical elegance.

“The Whitsundays region and the World Heritage Great Barrier Reef offers an unmatched lifestyle with direct airline access to the major Australian east coast capital cities making it ideal for people to use as either a residential base or a holiday investment property."
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