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

Joel Robinson

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

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

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

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

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

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

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

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

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

Sydney’s property market is known for high prices, competitive bidding, and mounting pressure on first home buyers. But change is on the horizon.

From late 2025, eligible first home buyers in New South Wales will have access to a new federal government initiative aimed at addressing affordability: the Help to Buy Scheme.&nbsp;

<h2>What is the Help to Buy Scheme?</h2>

The program introduces a shared equity model intended to reduce the upfront cost of entering the property market, particularly in high-demand urban areas such as Sydney.

The scheme operates under a shared ownership structure in which the federal government takes an equity stake of up to 40 per cent for new homes, or 30 per cent for existing dwellings. This arrangement allows eligible buyers to significantly reduce their loan size and avoid the added cost of Lenders Mortgage Insurance (LMI).

Under this model, purchasers can enter the property market with as little as a two per cent deposit, well below the traditional 10 to 20 per cent usually required. The government’s contribution is not a loan but a co-ownership stake in the property. As such, there is no interest or rent charged on its portion.

Because the government’s equity combined with the buyer’s deposit typically meets or exceeds the 20 per cent threshold, LMI does not apply. The remaining balance, generally between 60 and 70 per cent of the property’s value, is financed through a standard home loan with a participating lender.

The government's equity in the property remains in place until the buyer chooses to repay it voluntarily or until the property is sold. Buyers can buy back the government’s share over time, in increments of at least five per cent, depending on their financial situation.

There is no fixed repayment timeline, but the amount to be repaid will be based on the property's market value at the time of repayment, not the original purchase price.

<h2>How do you qualify for the&nbsp;Help to Buy Scheme?</h2>

To qualify for the Help to Buy Scheme, applicants must meet the following conditions:

<ul>
	<li>Be an Australian citizen at least 18 years of age.</li>
	<li>Be a first-home buyer who does not currently own property.</li>
	<li>Intend to live in the property as their primary residence.</li>
	<li>Earn less than $100,000 per year for individuals, or $160,000 for couples.</li>
	<li>Purchase a property within the regional price caps, currently $950,000 in Sydney, though this is expected to rise to approximately $1.3 million ahead of the program’s launch.</li>
</ul>

While the Help to Buy Scheme does not solve affordability challenges across the board, it does offer a more accessible pathway for a defined segment of the market, particularly younger buyers with moderate incomes who have been priced out of traditional lending routes.

The scheme is expected to commence in NSW in late 2025, as part of a national rollout.

Under the new model, purchasers can enter the property market with as little as a two per cent deposit, well below the traditional 10 to 20 per cent usually required

Help to Buy Scheme: What first home buyers in NSW need to know

The First Home Owners Grant (FHOG) is a government initiative designed to help eligible first-time home buyers by offering financial assistance towards the purchase or construction of a new home.

While the FHOG is a nationwide program, it is administered separately by each state and territory, meaning the eligibility criteria, grant amounts, and property requirements can vary depending on your location. This means that the amount available and the conditions attached to the grant will differ, so it is important to check the specific guidelines for your state or territory.

It’s important to note that the FHOG is just one of several incentives available to first home buyers. In most states and territories, the grant is not linked to stamp duty exemptions or concessions, with the exception of the Australian Capital Territory (ACT). The FHOG is typically a one-off payment, reducing the overall cost of purchasing or building a new home before any stamp duty concessions are applied.

Below, we provide a breakdown of the First Home Owner Grants available across Australia, outlining the specific details for each state and territory.

<h2>New South Wales First Home Owner Grant</h2>

First Home Owner Grant: Offers a $10,000 grant for new homes valued up to $600,000. For land purchases and owner-builders, the threshold extends to $750,000.

Stamp Duty Benefits: Provides full stamp duty exemption for homes valued up to $800,000, with concessions available for properties up to $1 million.

<h2>Victoria South Wales First Home Owner Grant</h2>

First Home Owner Grant: Provides a $10,000 grant for first-home buyers purchasing or building new homes valued up to $750,000.

Stamp Duty Benefits: Offers full stamp duty exemption for properties up to $600,000, with concessions available up to $750,000.

<h2>Queensland First Home Owner Grant</h2>

First Home Owner Grant: Offers $30,000 for contracts signed between 20 November 2023 and 30 June 2025. The FHOG applies to new homes valued up to $750,000.

Stamp Duty Concessions: Provides additional concessions for properties valued up to $800,000.

<h2>Western Australia First Home Owner Grant</h2>

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First Home Owner Grant: Offers a $10,000 grant for new homes valued up to $750,000 in the southern regions and up to $1 million in the northern regions.

Stamp Duty Concessions: Available for homes valued up to $600,000 for transactions entered into on or after 9 May 2024.

<h2>Australian Capital Territory First Home Owner Grant</h2>

First Home Owner Grant: Replaced by the Home Buyer Concession Scheme, offering full stamp duty concessions for eligible buyers.

<h2>South Australia First Home Owner Grant</h2>

First Home Owner Grant: Provides up to $15,000 for new homes, including houses, apartments, and townhouses. As of 6 June 2024, there is no property value cap for eligibility.

Stamp Duty Relief: Available for new homes and vacant land purchases.

<h2>Tasmania First Home Owner Grant</h2>

First Home Owner Grant: Offers a $10,000 grant for new homes and off the plan purchases.

Stamp Duty Exemption: Between 18 February 2024 and 30 June 2026, first home buyers of established homes valued up to $750,000 receive a full exemption on property transfer duty.

<h2>Northern Territory First Home Owner Grant</h2>

First Home Owner Grant: The Northern Territory provides a $10,000 grant for new homes only. Additional government grants and concessions are available for first home buyers.

Stamp Duty Exemption: The only stamp duty exemption available to property buyers is the House and Land Package Exemption (HLPE).

Eligibility criteria and application processes differ across states. Prospective buyers should refer to their respective state revenue offices for full details on grant availability, conditions, and additional concessions.

Every First Home Owner Grant for new property by state

In the ever-evolving landscape of sustainable architecture and environmentally conscious design, systems and ratings in place can help determine the energy efficiency of residential buildings in Australia.

Australia has multiple building rating systems that evaluate energy efficiency and sustainability in existing and new building designs.

Some systems assess individual building components, while others provide an overall rating for the entire structure.

A rating system ensures that homes are comfortable and energy-efficient, whether you are buying, renovating, or building.

NatHERS (Nationwide House Energy Rating Scheme) is a common way for new homes to meet energy efficiency requirements.

As new developments continue to shape the urban environment, understanding NatHERS ratings becomes essential for developers and homeowners. This article delves into the concept of NatHERS ratings, their significance, and how they contribute to creating energy-efficient homes.

<h2>What is NatHERS?</h2>

NatHERS is a national initiative implemented by the Australian government to promote energy efficiency in residential buildings. The scheme aims to provide a standardised method for assessing the thermal performance of homes, considering factors such as insulation, orientation, ventilation, and building materials.&nbsp;

NatHERS ratings are the most common way new homes meet the National Construction Code's (NCC's) minimum energy efficiency requirements.&nbsp;

NatHERS assessments provide thermal and whole-home ratings for new homes, townhouses, and apartments.

The rating helps evaluate the energy performance of buildings, guides homeowners and developers to make informed decisions about the energy efficiency of their properties, and encourages the construction of more sustainable, comfortable, and cost-effective homes.

<h2>How NatHERS Ratings Work</h2>

NatHERS ratings are determined through four accredited software tools (AccuRate, BERS Pro, FirstRate5, HERO) using a calculation engine CSIRO developed to predict building temperature based on various factors.

The tools can model complex effects of building mass, insulation, window size, and other elements.

The outcome is a star rating that reflects the building's overall thermal efficiency, indicating how well it can maintain a comfortable indoor temperature without excessive reliance on heating or cooling systems.

The star rating scale ranges from 0 to 10, with a 6-star rating being the minimum requirement for compliance with the National Construction Code (NCC).&nbsp;

Achieving a higher star rating demonstrates a commitment to energy efficiency and sustainability, as the building is better equipped to minimise its environmental impact and reduce long-term energy costs.

Anyone can use NatHERS tools, but accredited assessors can provide certified ratings and professional advice.

<h2>Benefits of Higher NatHERS Ratings</h2>

Energy Efficiency: Buildings with higher NatHERS ratings are more energy-efficient, requiring less heating and cooling energy. This reduces the structure's carbon footprint and lowers occupants' energy bills.

Cost Savings: Homes with higher NatHERS ratings are generally more energy-efficient, resulting in reduced energy consumption for heating and cooling. This translates to lower energy bills for homeowners, making sustainable living environmentally friendly and economically viable in the long run.

Environmental Impact: Lower energy consumption directly translates to a reduced environmental impact. Buildings with higher NatHERS ratings contribute to the overall goal of mitigating climate change by lowering greenhouse gas emissions associated with heating and cooling systems.

Improved Comfort: Buildings with high NatHERS ratings offer better thermal comfort to occupants. Proper insulation, well-designed ventilation, and optimal orientation maintain a consistent and comfortable indoor temperature, providing occupants with a more enjoyable and healthier space.

Market Value and Desirability: Higher NatHERS ratings can enhance the market value of a property. As energy efficiency becomes a more significant consideration for homebuyers, a well-rated building may attract a premium price and stand out in the real estate market.

Compliance with Building Codes: NatHERS ratings are a vital component of the National Construction Code (NCC), and compliance with these ratings is often a mandatory requirement for new developments. Local councils and planning authorities may set minimum energy efficiency standards that must be met to obtain development approval.

The Nationwide House Energy Rating Scheme (NatHERS) is a crucial initiative shaping the future of energy-efficient, resilient, and cost-effective homes. With its recent upgrades, NatHERS has evolved into a world-leading tool for the building sector, supporting the global commitment to achieving net-zero emissions by 2050.

Staff Writer

What is a NatHERS rating in new off the plan apartment developments?

Mixed-use developments have gained significant popularity across Australia in recent years due to their unique blend of residential, commercial, and recreational spaces.

Unlike traditional single-purpose developments, mixed-use projects offer a harmonious integration of various functions within a single locale.

Residential units seamlessly coexist with commercial establishments, retail outlets, dining venues, entertainment hubs, and recreational facilities, with the combination not only enhances convenience but also fosters a vibrant lifestyle and a sense of community.

<h3>Convenience and accessibility</h3>

Mixed-use developments are designed with convenience in mind. They often integrate residential units with commercial spaces, retail outlets, restaurants, and recreational facilities, creating a self-contained community.

[smartcode_project:default project_id=114215 project_image_fid=204874]

The proximity allows residents to enjoy the convenience of having essential amenities and services within walking distance. Whether it's grabbing a cup of coffee, going grocery shopping, or accessing healthcare services, everything is conveniently located, saving residents time and effort.

<h3>Vibrant lifestyle and community</h3>

One of the major advantages of mixed-use developments is the vibrant lifestyle they offer. With a diverse range of amenities and communal spaces, residents have ample opportunities to interact, socialise, and build a sense of community.

[smartcode_project:default project_id=107714 project_image_fid=214122]

The presence of parks, community centres, and shared spaces fosters a lively atmosphere, encouraging residents to engage in various activities and events. The vibrant lifestyle within these developments creates a unique sense of belonging and camaraderie among the residents.

<h3>Potential for higher rental yields and property value appreciation</h3>

Mixed-use developments tend to attract a broad range of tenants and buyers due to their versatile nature. This high demand can result in higher rental yields for investors and potentially lead to property value appreciation over time.

[smartcode_project:default project_id=139989 project_image_fid=212887]

The integration of commercial and retail spaces attracts businesses, which can provide a stable rental income stream. Additionally, the popularity of mixed-use developments often drives up property values, making them a potentially lucrative investment in the long term.

<h3>Enhanced security and maintenance</h3>

Mixed-use developments typically have comprehensive security measures in place. With controlled access points, CCTV surveillance, and professional security staff, residents can enjoy enhanced safety and peace of mind.

[smartcode_project:default project_id=108019 project_image_fid=212658]

Additionally, these developments often have dedicated maintenance teams responsible for the upkeep of common areas, landscaping, and infrastructure. This ensures that the overall appearance and functionality of the development are well-maintained, creating a pleasant living environment for residents.

<h3>Live-work-play balance</h3>

One of the key attractions of mixed-use developments is the ability to achieve a desirable live-work-play balance. The integration of residential and commercial spaces allows residents to live closer to their workplaces, reducing commuting time and improving work-life balance.

The proximity to various amenities and recreational facilities encourages an active and healthy lifestyle. Residents can easily access fitness centres, parks, restaurants, and entertainment options, all within the same development, leading to a more fulfilling and convenient way of life.

alisonwarters@gmail.com

The top five reasons to buy in a mixed-use development

When buying a property, everyone needs to be aware of the additional costs that come as part of the buying process.

Often the largest outlay, after the deposit which goes to the bank, is stamp duty.

<h2 style="line-height: 1.38;">What is Stamp Duty?</h2>

Stamp duty is an extra tax to pay the government when you buy land, a property, and other certain assets.

It happens when the legal ownership is transferred. It can also be known as property transfer duty or transfer duty.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="415" src="https://www.youtube.com/embed/C32BWkB5--c" title="YouTube video player" width="660"></iframe>

<h2>Who pays Stamp Duty?</h2>

In some circumstances, you may get an exemption. For some states, you won’t have to pay for stamp duty if you are a first home buyer or a pensioner for houses under a particular price. There are also stamp duty concessions, where you may be entitled to a discount.

<h2>How much does Stamp Duty cost?</h2>

Each state has different rules which affect how much you need to pay. These rules can affect the rate you pay, and the timeframe you will need to pay in. Before you buy land or a property, make sure you check the up-to-date information for your state’s stamp duty.

You can use a free stamp duty calculator online to see approximately how much you’ll need to pay. Find out if you’re eligible for an exemption by enquiring on a project via Urban!

Overall, the stamp duty you need to pay will depend on:

<ul>
	<li aria-level="1">How much your land/property is worth</li>
	<li aria-level="1">Where your land/property is located</li>
	<li aria-level="1">What type of land/property it is</li>
</ul>

Want to find out more? <a href="https://www.youtube.com/@UrbanAustralia?utm_source=YouTube&amp;utm_medium=Video&amp;utm_campaign=Subscribe&amp;utm_id=Subscribe">Subscribe to our YouTube channel</a> for more property videos.

Ellen Walker

Off-the-plan property explained: What is stamp duty?

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The Sorrento home which was the architecturally designed winner of 2017 HIA Victorian Housing Award for custom built regional homes has been listed for sale at $3.15 million.

Set in a lush coastal garden at 15 Rose Street, the home’s features include an eight metre long drystacked limestone wall which acts as a focal point of the living room which was undertaken by a local artisan stonemason

Its Kay &amp; Burton listing agent Liz Jensen notes from the Carrara marble bench tops to the parquetry oak floors, to the cabinetry and imported light fittings, that “high-quality materials are used to the greatest effect.”

The home comes with custom built sauna and wellbeing retreat/sitting room.

There are double glazed windows, hydronic heating, wood burning open fireplace, and reverse cycle air-conditioning.

The 680 sqm block cost $1.55 million in 2014.
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The Sorrento home was the winner of 2017 HIA Victorian Housing Award for custom built regional homes.

jchancellor

Sorrento HIA award-winner listed for sale

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A whole floor apartment in the Palm Beach, Gold Coast apartment block, Temple Palm Beach has been sold for $3.75 million.

The beach front apartment was sold through Kollosche agent Rob Lamb for what has been the top priced sale so far on the complex.

The four bedroom apartment at 1491 Gold Coast Highway spans 365 sqm across the sixth floor of the beach front block.

It was sold by Pimpana Investments which had previously secured whole floor sales of up to $3.725 million in the complex.

Initial off the plan sales in 2016 started at $3.1 million, according to CoreLogic.

The ground floor apartment sold for $3.5 million in 2017.

The contemporary apartments feature stone and wood throughout while modern luxuries, including a CBUS home automation system in their design by Raunik Design Group.

MCD Australia managed the feasibility, design development, tender and construction.

 

 
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The four bedroom sixth floor space had 366 sqm space at its 1491 Gold Coast Highway location



Temple, Palm Beach whole floor apartment sells for $3.75 million

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Adelaide provides luxury living at an affordable price, when compared to cities like Sydney and Melbourne. However, ranking tenth in the Economist's global livability rankings twice in a row, it is no wonder why investors and owner-occupiers are flocking to the South Australian city. 

Adelaide prices are predicted to rise by 10 per cent this year, according to Hotspotting's Terry Ryder, making now the time to enter the city's burgeoning luxury property market.

Urban takes a look at four of Adelaide's most luxurious residences on the market today. 
 

1. <a href="/buildings/realm-9-19-austin-street-adelaide?ref=srp_listview">Realm, Adelaide</a> 
Address: 9-19 Austin Street, Adelaide SA 5000 
Three-bedroom apartments from $2,200,000

[smartcode_project:default project_id=6083]

Delivered by Parallel Property, Realm features 320 apartments in one, two and three-bedroom configurations. Primely positioned in the heart of the Adelaide CBD, the Realm’s three-bedroom apartments

Residents of Realm will have access to the various amenities within the tower designed by Elenberg Fraser. These include a CrossFit gym, 25-metre swimming pool, outdoor entertaining area and wellness centre.

In 2018, Realm’s northern penthouse sold for $5.2 million, breaking the record for the most expensive apartment ever sold off the plan in Adelaide. The southern penthouse is currently on the market, marketed by Fox Real Estate’s Marina Ormsby. 
 

2. <a href="/new-apartments/botten-bowser-69-71-melbourne-street-north-adelaide">Botten + Bowser, North Adelaide</a> 
Address: 69-71 Melbourne Street, North Adelaide SA 5006 
Penthouse apartments from $1,770,000

[smartcode_project:default project_id=27233]

Two penthouses are for sale in Citify’s Botten + Bowser development in North Adelaide. The project boats sustainable design, with low energy features, louvre screening and greenery on each apartment’s balcony.

Located on the sixth floor of the building, the three-bedroom, two-bathroom residences feature gas fireplaces, wraparound balconies and views of parklands, city, Adelaide Hills and beyond. 
 

3. <a href="/buildings/tranquilla-255-military-road-west-lakes-shore">Tranquilla, West Lakes Shores</a> 
Address: 255 Military Road, West Lake Shores SA 5020 
Three-bedroom townhomes from $1,350,000

[smartcode_project:default project_id=21646]

Located on Adelaide’s coast, Tranquilla is a collection of luxury beachside homes delivered by LuxeHaus Developments and Circa Property Group. West Lakes Shore, the quiet hero of Adelaide’s metro coastline, offers an unbeatable coastal location within close proximity to the CBD.

Only two luxury beachfront homes remain within the development. Priced from $1.35 million, the residences feature natural Italian stone surfaces, six-star bathrooms, architectural landscaping and ocean views. 
 

4. <a href="/buildings/two-four-six-246-unley-road-unley">Two Four Six, Unley</a> 
246 Unley Road, Unley SA 5061 
Three-bedroom apartments from $1,350,000

[smartcode_project:default project_id=6124]

Two Four Six offers buyers the chance to secure a luxury apartment in the sought-after suburb of Unley, the most searched suburb for both homes and apartments in Adelaide, according to REA.

Delivered by Catcorp, Two Four Six features large glass balconies, sandstone terraces, floor-to-ceiling windows and ample storage.

NB: This article was updated March 8
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Urban takes a look at four of Adelaide's most luxurious residences on the market today

max.kwok_55688

April 2021: Adelaide's top luxury residences on the market right now

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Victoria’s property market is likely to rebound with high levels of activity forecasted in the new year.

According to Barry Plant chief executive Mike McCarthy, Melbourne is likely to see recovery in the outer-suburbs first, while traditionally it is the inner-suburbs that lead the recovery. Townhouses and single-level units are likely to continue to gain value, McCarthy said.

Not only do townhomes represent an attractive investment to investors, but families are choosing to take advantage of their affordability and low maintenance. Urban takes a look at four three-bedroom townhomes you can secure in Victoria for under $650,000.  

1. <a href="/new-townhouses/marshal-place-marshal-place-williams-landing">Marshal Place, Williams Landing</a> 
Address: 100 Overton Road, Williams Landing VIC 3027 
Three-bedroom townhomes from $549,000

[smartcode_project:default project_id=29660]

Cedar Woods’ Marshal Place is a collection of nine three and four-bedroom townhomes, located just 20-kilometres from the Melbourne CBD. The homes, which offer turn-key and hassle-free options, are backed with a 10-year structural guarantee.

Four-bedroom townhouses start from an affordable $555,000 and include light-filled living rooms, contemporary design and an engineered stone benchtop.

2. <a href="/new-townhouses/highlands-1-north-shore-drive-craigieburn">Eastside at Highlands, Craigieburn</a>

Address: 1 North Shore Drive, Craigieburn VIC 3064 
Three-bedroom townhomes from $465,000.

[smartcode_project:default project_id=92985]

Stockland are offering three bedroom townhouses in their Craigeburn development Eastside at Highlands starting from just $465,000. There are two bedroom townhouses available from $415,000.

The development is located in the growing suburb on the edge of Melbourne, within walking distance to Craigieburn Central Shopping Centre, Aitken Creek Primary School and the award-winning Treehouse park.

3. <a href="/new-townhouses/st-a-1-griffiths-street-st-albans">St. A, St Albans</a>

Address: 1 Griffiths Street, St Albans VIC 3021

Three bedroom townhomes from $524,000.

[smartcode_project:default project_id=7633]

St A. is the new townhouse development from renowned developer Cedar Woods. Estimated to be completed in mid-2022, St A. will comprise 254 townhouses with six different floor plans. The townhouses are designed by the well known DKO Architecture with three bed configurations starting from $589,000. There are two bedroom townhouses priced from $524,000 and four bedroom townhouses from $644,000.

4. Sixth Avenue, Chelsea Heights 
Address: 15 Sixth Avenue, Chelsea Heights VIC 3196 
Three-bedroom townhomes from $650,000

[smartcode_project:default project_id=32136]

Sixth Avenue, delivered by the Aultun Group offers coastal living in Chelsea Heights, ideal for families or downsizers. Boasting a collection of 59 two, three and four-bedroom residences, the project offers the premium location for all lifestyles.

Designed by Point Architects, the development features light-filled interiors, bespoke landscaping and recreational amenities within easy reach.  

NB: This article was updated for March
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Not only do townhomes represent an attractive investment to investors, but families are choosing to take advantage of their affordability and low maintenance

April 2021: Three bedroom townhouses in VIC for under $650,000

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Developers Samuel Property and Bracken Hall have appointed Minicon to construct their latest Brighton project, Willow.

The art-deco inspired project, architecturally-designed by Bayley Ward, features layered designs and a striking exterior that integrates into its tree-lined environment. The soft arches and brick façade will be built by Minicon, the smaller project entity of the Icon Group and Kajima Australia.

Willow will feature a collection of two, three and four-bedroom home-sized residences. Its offerings include vast light-filled spaces, biophilic design and soft landscaping by Acre Landscape.

Residences in the bayside development start from $2.175 million, with prices reaching $6.5 million for a penthouse apartment.

With construction commencing early 2021, this is the last chance for prospective buyers to design their home ahead of construction in a complimentary private appointment offered by Bayley Ward.

<h2>Other luxury developments on the market in Melbourne’s Bayside suburbs</h2>

1.    <a href="/buildings/tilli-547-hampton-street-hampton">Tilli, Hampton</a> 
Address: 547 Hampton Street, Hampton VIC 3188 
Three-bedroom residences from $1,190,000

<a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/tilli-547-hampton-street-hampton-7ccdd72a5a4e52304e318a7e8f7435b0_0.jpg" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="337" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/tilli-547-hampton-street-hampton-7ccdd72a5a4e52304e318a7e8f7435b0_0.jpg?itok=r-ZQgs98" width="580"></a>

Positioned on the top end of a vibrant Bayside retail strip, Tilli offers luxury in a exclusive location. Delivered by Shenfield Property, Tilli is a collection of eight two and three-bedroom residences.

The three-storey mixed-use project offers residents generous kitchens, terrace space and light-filled living with apartments beginning from $1.19 million.

2.    <a href="/buildings/jasmin-1-wave-street-hampton">Jasmin, Hampton</a> 
Address: 1 Wave Street, Hampton VIC 3188 
Three-bedroom residences from $2,850,000

<a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/jasmin.jpg" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="348" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/jasmin.jpg?itok=ws88z1mn" width="580"></a>

Poised atop Hampton Hill, just one kilometre from the beach, Jasmin offers five high-end apartments amongst Melbourne’s iconic bayside beaches.

Designed by Taylor Pressly Architects, each apartment features three bedrooms, north-facing aspect and private outdoor area.  
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Developers Samuel Property and Bracken Hall have appointed Minicon to construct their latest Brighton project

Samuel Property appoints Minicon to build Willow Brighton

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Under the Building Victoria Recovery Taskforce, $194 million of work has been given the green light within Riverlee’s $2 billion mixed-use development, New Epping.

Due to its significant community benefit, the Victorian Government fast-tracked approval of a number of permits, including the delivery of 151 affordable housing apartments, a private hospital to be operated by Ramsay Health Care and other key supporting infrastructure.

The $133 million Northern Private Hospital will not only cater to the rapid growth of the northern catchment over the next decade but will greatly lessen the pressure on the adjacent Northern Hospital.

The fast-tracked approvals outline the importance of the project and the impact it will have on the growing region, said Riverlee development director David Lee, who is working collaboratively with the City of Whittlesea.

<blockquote>
New Epping is set to become a vibrant city in the suburbs; the rehabilitation of the former Epping Quarry is one of the largest projects we have undertaken and will be one of the most rewarding due to the sheer impact it will have on the growing region, economically, environmentally and socially.
</blockquote>

Formerly Epping Quarry, the development site spans 51 hectares and is set to be home to over 2,500 townhouses and apartments, a new health precinct and a commercial office precinct.

<h2>Other residential developments in the City of Whittlesea on the market now</h2>

Other developments in the surrounding suburbs will likely take advantage of the proximate masterplanned community in Melbourne’s north-east, transforming the area into the heart of a living, breathing city.

Among these projects are South Morang’s Trilogy Place and Jetts Park townhouse developments.

Located at 360 McDonalds Road, Gibson Property Corporation’s Trilogy Place project is offering the stage two release of their master-planned precinct. Designed by Rothelowman, the project will offer 55 two, three and four-bedroom homes, featuring flexible floorplans and customisable options.

<img alt="Image supplied." height="266" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/south_morang_0_0.jpg" width="580">

Prices for the townhomes start at $457,000 for a two-bedroom, two-bathroom property and from $507,000 for a three-bedroom, two-bathroom.

Jetts Park, situated at 200 Gordons Road, offers 12 three-bedroom, two-bathroom townhouses, featuring wide-open spaces, quality fixtures and architectural design. Located closeby RMIT and LaTrobe University campuses, South Morang offers privacy and convenience just 30-minutes from the Melbourne CBD.

<img alt="Image supplied." height="326" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/jettspark-townhouses_page_03_image_0001_0.jpg" width="580">

Prices for the townhomes begin at $599,000. 

<h2>Other Riverlee developments</h2>

Seafarers, Docklands

[smartcode_project:default project_id=27728]

Seafarers heralds a new era in luxury inner-city living on Melbourne’s Yarra River, with exclusive access to luxury hotel amenities, management and services.

Not only does it deliver 5-star hotel amenities, it also has the convenience of being near world-class restaurants, cafes, markets and some of the best educational facilities and universities Melbourne has to offer.The award-winning architecture and interior design firm Carr Design created the apartments to maximise external views, space and natural light, with interiors including reflective surfaces, natural and concealed doors.
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$194 million of work within Riverlee’s $2 billion mixed-use development has been given the green light by the Victorian Government's Building Victoria Recovery Taskforce

Stage 1 of Riverlee's $2 billion New Epping project approved

Local caf&eacute;s, restaurants and boutiques have defined Perth&#39;s rise as a tourist attraction alongisde the city&#39;s&nbsp;beautiful parks and beaches.

Investors, first home buyers and downsizers are all taking advantage of Perth&#39;s&nbsp;affordable residential market, which is <a href="/expert-insights/investing/perth-is-set-for-a-property-market-boom-terry-ryder">overdue for a new property boom</a>, said Hotspotting&#39;s Terry Ryder.

&quot;The gathering forces are building a perfect storm for the next Perth up-cycle&quot;, he wrote.&nbsp;

Urban takes a look at eight of the most stylish new apartments in Perth on the market right now.&nbsp;

1. <a href="/buildings/the-towers-at-elizabeth-quay-11-barrack-square-perth">The Towers at Elizabeth Quay</a> 
Address: 1 Riverside Drive, Perth WA 6000 
Two-bedroom apartments from $1,253,000

<a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/the_towers.jpg" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="387" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/the_towers.jpg?itok=OGVnzKr9" width="580" /></a>

Complete and ready to move in, The Towers at Elizabeth Quay offers prospective residents luxurious style in an exclusive setting. Situated in Perth&rsquo;s most prestigious riverside precinct, the mixed-use complex is anchored by the Ritz-Carlton, giving residents access to the hotel&rsquo;s podium rooftop bar, hotel spa and vitality pools.

Designed by Cottee Parker Architects, The Towers features free standing baths, floor-to-ceiling facades and views across the city to Kings Park, or up the river to Perth Hills. Just two penthouses remain in the project, which include private terraces, internal lifts and multi-level living.

[smartcode_project:default project_id=7854]

2. <a href="/buildings/the-precinct-893-canning-highway-mount-pleasant">The Precinct, Mount Pleasant</a> 
Address: 893 Canning Highway, Mount Pleasant WA 6153 
One-bedroom apartments from $470,000

<a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/the_precinct.jpg" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="326" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/the_precinct.jpg?itok=T9oXuzLv" width="580" /></a>

Located close to 10 kilometres south of the CBD is Mount Pleasant&rsquo;s latest development, The Precinct. Delivered by Norup + Wilson, the project is situated on Canning Highway in an area expected to be transformed with an expanded train station and revitalised town centre on par with what was witness in Subiaco.

Designed by Woods Bagot, the 22-storey smart building will offer residents electric car charging points, centralised home automation and E-keys, as well as apartment views spanning from Kings Park and the CBD in the north to the converging Swan and Canning Rivers.

[smartcode_project:default project_id=8514]

3. <a href="/buildings/the-residence-152-scarborough-beach-road-scarborough">The Residence, Scarborough</a> 
Address: 152 Scarborough Beach Road, Scarborough WA 6019 
One-bedroom apartments from $429,000

<a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/the-residence-152-scarborough-beach-road-scarborough-7178e575afddb5a0e907337c7c9172d9.jpg" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="435" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/the-residence-152-scarborough-beach-road-scarborough-7178e575afddb5a0e907337c7c9172d9.jpg?itok=U-GEVlhT" width="580" /></a>

If the beachside suburb of Scarborough is more your style, look no further than The Residence. Located within walking distance to Scarborough Beach and overlooking the ocean, the Residence provides style, luxury and premium living at a competitive entry price of $429,000.

Designed by the Fratelle Group, the project features a striking roof, central courtyard and spacious rooftop garden deck. Its apartments offer double-glazing, high ceilings and tailored living with unique residences and quality finishes.

[smartcode_project:default project_id=27884]

4. <a href="/buildings/one54-154-banksia-street-tuart-hill">One54, Tuart Hill</a> 
Address: 154 Banksia Street, Tuart Hill WA 6060 
Three-bedroom townhomes from $639,000

<a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/one54.jpg" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="387" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/one54.jpg?itok=FdV4Mo7y" width="580" /></a>

For families who value style but are searching for spacious residences, nearby parklands and affordable living, Tuart Hill&rsquo;s One54 provides modern townhomes that are ideal for downsizers and families.

Each two-storey brick townhouse offers open-plan living, courtyard and double-garage. Set within an up-and-coming suburb, One54 still presents residents with convenience, located nearby Westfield Innaloo, Osborne Park Industrial hub and Herdsman Lake.

[smartcode_project:default project_id=27416]

5. <a href="/buildings/vantage-60-riversdale-road-rivervale?ref=srp_listview">Vantage, Rivervale</a> 
Address: 60 Riversdale Road, Rivervale WA 6103 
One-bedroom apartments from $390,000

<a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/vantage_river.jpg" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="387" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/vantage_river.jpg?itok=qPSSjq1M" width="580" /></a>

Offering the amenities of a five-star hotel, Vantage on the Swan River is a 13-storey residential tower featuring bold architectural design and stylish interiors. Delivered by Edge Visionary Living, the project offers 216 residences in one, two and three-bedroom configurations and a number of luxury penthouses with private rooftop terraces.

Designed by Hillam Architects, the building includes an infinity-edged pool, a gym, sauna and a street-level caf&eacute;, as well as manicured garden elements, outdoor cinema and rooftop terrace.

[smartcode_project:default project_id=7780]

6. <a href="/buildings/shenton-quarter-1-seymour-avenue-shenton-park">Shenton Quarter, Shenton Park</a> 
Address: Corner of Selby Street and Seymour Avenue, Shenton Park WA 6008 
One-bedroom apartments from $399,000

<a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/shentonquarter.jpg" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="290" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/shentonquarter.jpg?itok=dm_0XuME" width="580" /></a>

Shenton Quarter delivers luxury, lifestyle and amenity for prospective buyers hoping to own a piece of Perth&rsquo;s western suburbs. From its architecturally designed loft-style townhouses to its apartments, the project is meticulously crafted with reconstituted stone benchtops, double-glazing and over 2,400sqm of landscaped areas.

Designed by Cameron Chisolm Nicol, residents in Shenton Quarter will have access to city and park views, electric charging points, a gym, solar-heated swimming pool and residents&rsquo; concierge.

[smartcode_project:default project_id=26734]

7. <a href="/buildings/the-crest-burswood-120-goodwood-parade-burswood?ref=srp_listview">The Crest Burswood</a> 
Address: 120 Goodwood Parade, Burswood WA 6100 
One-bedroom apartments from $380,000

<a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/thecrest.jpg" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="435" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/thecrest.jpg?itok=0q-AspaF" width="580" /></a>

Set in the developing entertainment area of Burswood, The Crest is yet another project delivered by Norup + Wilson in partnership with Woods Bagot. Each of the 168 residences in the 21-storey building features spacious living, extensive joinery and views of the surrounding city.

The Crest boasts stylish, bespoke wooden cabinetry and island benches, as well as amenities including a rooftop garden area, outdoor cinema and heated pool.

[smartcode_project:default project_id=8515]

8.<a href="/new-apartments/perth-hub-600-wellington-street-perth"> Perth Hub, Perth</a> 
Address: 600 Wellington Street, Perth WA 6000 
One-bedroom apartments from $429,000

<a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/perthhub.jpg" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="363" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/perthhub.jpg?itok=DN0CFo4Q" width="580" /></a>

Perth Hub, the latest development by Far East Consortium, offers an enriching city lifestyle in an elegant and timeless residence. Residents are welcomed into the project by a dramatic, hotel-style lobby with high ceilings and lighting features. The tower&rsquo;s exterior architecture, designed by Cottee Parker Architects, is contemporary and striking with a sculptural, geometric design.

Residents of Perth Hub can take advantage of the building&rsquo;s many amenities, including an infinity pool, garden terraces, communal orchard garden and residents&rsquo; dining rooms.

[smartcode_project:default project_id=8555]

Urban takes a look at eight of the most stylish new apartments in Perth

8 of Perth’s most stylish new apartments on the market right now

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Centurion Group have submitted $25.8 million plans for a new mixed-use development in Sydney's Alexandria.

Architecture firm Rothelowman has designed the development of three buildings at 21 Collins Street, on the corner adjoining O'Riordan Street.

The four level buildings will comprise 85 apartments, ground level retail and a cafe. There will be 36 one bedroom units, 43 two bedrooms and seven three bedroom apartments, as well as 71 car spaces on the basement and ground levels.

The building has been designed with sustainability in mind, with living areas of the apartments to be orientated to maximise sunlight, daylight and natural ventilation.

The 4,305 sqm site was last sold for $3 million in 1999 when bought by Jaimee Alex Pty Ltd, directed by the Vaucluse-based ragtrader Eliezer Alster.

It currently homes The Alex warehouse conversion business centre, occupied by a number of retail and wholesale trade tenants.

Edwina Stuart is handling the landscaping which will feature a central garden area with an avenue of deciduous trees and bench seating.

Rothelowman's architect lead and firm principal Ben Pomroy wrote in the documents lodged to the City of Sydney that the proposed development recognises that the locality is undergoing a transition towards higher density residential uses and responds to the existing context through integration of commercial/retail uses along the prominent street frontages.

"The proposal has been developed in response to planning controls which encourage development and promote a liveable city."

 

 
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Plans lodged for $25.8 million Alexandria mixed-use development

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John Poynton and Di Bain’s Yallingup mansion has been listed for sale in Western Australia’s priciest summer listing.

Sundance Lodge at Yallingup has 15 bedrooms across its 13ha estate, set in the state’s coastal southwest.

It was once the southwest’s premier wedding location but more recently a private retreat for prominent Perth company director and philanthropist John Poynton and wife Diane.

There is a high $7m price guide for the listing through Stocker Preston agent Tony Farris.

Its zoning is tourism viticulture.

It comes with helicopter landing pad and hanger, set 10 minutes to Yallingup beach and 30 minutes to Margaret River.

 

Properties you can secure in Western Australia:

[smartcode_project:default project_id=26734]

[smartcode_project:default project_id=7836]
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Sundance Lodge at Yallingup has 15 bedrooms across its 13ha estate, set in the state’s coastal southwest



Sundance Lodge in Yallingup, WA, listed by John Poynton and Di Bain

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The Australian cricketer Ashton Agar has traded up handsomely in Perth.

The specialist ODI and T20 spin bowler has spent $2.25 million in the pricey waterfront suburb Dalkeith.

The three bedroom home, built in 1990, sits in 1,165 sqm grounds which feature a tennis court and resort-style swimming pool.

It had been for sale for a year and a half before Agar swooped.

Agar was trading up from the beachside Scarborough where he has owned a four bedroom townhouse since paying $660,000 in 2016, shortly after making his international T20 debut for Australia.

Agar, who plays for the Perth Scorchers in the BBL, has played four Tests for Australia, earning his baggy green in 2013.
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The specialist ODI and T20 spin bowler has spent $2.25 million in the pricey waterfront suburb Dalkeith.

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