International developer&nbsp;<a href="https://www.apartments.com.au/developers/spg-land">SPG Land</a> is preparing to re-launch its long-awaited $1.5 billion <a href="https://www.apartments.com.au/new-apartments/paradiso-place-surfers-paradise-103-ferny-avenue-surfers-paradise-qld-4217">Paradiso Place</a> development at Budds Beach, bringing a new price point to the Surfers Paradise apartment market.

The developer will release one-bedroom apartments from $825,000 and two-bedroom apartments from $1.24 million in the three-tower development.

According to Urbis, the starting price for the two-bedroom apartments is more than $400,000 below the weighted average sale price for comparable two-bedroom apartments in Surfers Paradise during 2025, which was pinned at $1.7 million.

&nbsp;

Urbis reported quarterly average sale prices for new two-bedroom, two-bathroom apartments ranged from around $1.2 million to $1.7 million throughout 2025, peaking in the December quarter.

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Paradiso Place is now moving into its formal sales campaign, with a limited early-release opportunity available ahead of the public launch.

The development will comprise 845 apartments across three towers rising 40, 41 and 44 storeys from a 1.15-hectare site spanning an entire city block. The towers will sit above a new retail precinct.

"Paradiso Place represents a rare opportunity in today's market, offering premium apartments at a price point that is significantly more competitive than anything else currently available," SPG Land Sales Director Brad McMahon said.

"When you look at comparable new developments across Surfers Paradise, Main Beach and the Southern Beaches precinct, buyers are typically paying hundreds of thousands more for a similar product.

"The scale of this project and the developer-builder construction model allows us to unlock efficiencies that smaller developments simply cannot achieve. We are passing those benefits directly to buyers, while still delivering a five-star residential experience with an unmatched lifestyle."

[smartcode_project:default project_id=106566 project_image_fid=374280]

Each of the three towers designed by Rothelowman will have its own podium, connected by an elevated skybridge network to create a beachside village for residents. The resident amenity has been designed to rival a five-star hotel, with private dining rooms, resident lounges and entertainment spaces.

McMahon said the pricing strategy was a deliberate response to the current market.

"What Paradiso Place offers is a unique balance, genuine value within a premium market. Buyers are not compromising on quality, design or amenity, they are gaining access to it at a more competitive price point at a time when prices across the Gold Coast continue to reach new highs."

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Located around 100 metres from the beach and within walking distance of the Surfers Paradise North light rail station, Paradiso Place occupies one of the Gold Coast's most tightly held beachfront precincts.

Construction is continuing to progress, with eight of the project's 112 foundation piles now complete. Excavation has also commenced on the first diaphragm wall panel, with the first concrete poured on 15 June, marking a key milestone in the project's early works program.

[smartcode_project_cta:default project_id=106566]

Joel Robinson

SPG Land launches $1.5 billion Paradiso Place at attractive price point

Luxury developer-builder <a href="https://www.apartments.com.au/developers/lowe-living">Lowe Living</a> has achieved a new Victorian benchmark for an off-the-plan apartment, with the sale of two penthouses at its ultra-exclusive Maison Savoy development in Brighton.

The two penthouses achieved a combined sale rate of $49,926 per sqm. Both transactions eclipsed the previous identified Victorian off-the-plan price-per-square-metre benchmark, set by the 449 sqm apartment at Como Toorak, which sold at $46,659 per sqm.

[smartcode_project:default project_id=140818 project_image_fid=366473]

<a href="https://www.apartments.com.au/new-apartments/maison-savoy-brighton-150-esplanade-brighton-vic-3186">Maison Savoy</a>, Lowe Living's redevelopment of the former Brighton Savoy Hotel on absolute beachfront land at 150 The Esplanade, Brighton, has gained significant momentum since launching just eight weeks ago. Around 30 per cent of the project's 19 residences have already been secured, generating approximately $45 million in sales.

"Securing two of the three penthouse sales at this stage, within eight weeks of launching to market speaks to the confidence our clients place in Lowe Living," Lowe Living co-founder Emma Lowe said.

"They know we'll be with them through every stage of the journey, and that assurance is something we've worked hard to earn and never take for granted."

[smartcode_project:default project_id=140818 project_image_fid=366474]

Lowe said Maison Savoy was conceived as a genuine alternative to a prestige Brighton home, combining house-scale proportions with the convenience, security and lock-up-and-leave appeal of apartment living.

Lowe Living co-founder Tim Lowe said the early sales success demonstrated the resilience of Melbourne's prestige market and highlighted the growing demand for house-sized apartments among ultra-high-net-worth buyers.

"The Melbourne market has definitely been tested in recent years, with interest rates and global economic factors all creating a period of uncertainty across the real estate sector. The sales success at Maison Savoy however demonstrates that confidence remains exceptionally strong at the top end of the market.

"The prestige market is being driven by long-term lifestyle decisions rather than short-term market sentiment, which continues to create a level of certainty that befits an absolute beachfront property in a blue-chip location like Brighton.

"Brighton's fundamentals remain among the strongest in Melbourne, with limited new supply, enduring demand from an overwhelmingly local owner-occupier market, and a rare combination of beachfront amenity and proximity to the CBD."

[smartcode_project:default project_id=140818 project_image_fid=374378]

According to Cotality, Brighton remains one of Melbourne's most tightly held prestige suburbs, with an average ownership tenure of 15.3 years for houses and 12.3 years for units, while more than 73 per cent of homes are owner-occupied.

Tim Lowe said selling two of the project's three penthouses so early in the campaign was an uncommon result.

"This sales result is a reflection of quality and understanding the local market. It's incredibly rare to transact the penthouses so early in a sales campaign in any project so to have sold two of the three penthouses at Maison Savoy so soon after launch, all in-house without any external sales agency appointed, is reflective of our careful consideration of our buyers' needs and lifestyle.

"This is knowledge that is accumulated not just from data and demographic analysis, but via a deeply embedded understanding of how this type of buyer wants to live and feel in their home. We pride ourselves on getting to know our clients personally, and over the last 10 years we have been able to refine our product offering by talking one-on-one with our clients about their design and floorplan preferences.

"Being a fully integrated developer-builder with an in-house design and sales team allows us to lead every part of the process and ensure the highest quality of product and service at every touchpoint. It's a really important part of our DNA and the recent sales success at Maison Savoy indicates that our clients and purchasers are resonating with this point of difference.

"It reinforces that demand remains strong for thoughtfully designed residences that offer rarity, lifestyle and long-term value in tightly held locations, which ultimately validates Maison Savoy's positioning as creating a new benchmark for house-scale, wellness-led apartment living on Brighton's beachfront."

&nbsp;

[smartcode_project:default project_id=140818 project_image_fid=366480]

The residences at Maison Savoy start from 295 sqm, with most enjoying uninterrupted views across Port Phillip Bay. The project sits moments from the Brighton Bathing Boxes, Royal Brighton Yacht Club, Middle Brighton Baths and Church Street's retail and dining precinct.

A key feature of the development is its private residents-only bathhouse, curated by the founder of Aurora Spa &amp; Bathhouse and modelled on traditional European bathing rituals and the award-winning Sorrento bathhouse.

The wellness offering includes a hydrotherapy pool, salt room, sauna, steam room, cold plunge pool, foot activation zone and a Vichy rainfall bed, one of only a handful in Australia. Residents will also have access to a Technogym studio, lounge spaces and a dedicated concierge service offering everything from morning coffee delivery and restaurant bookings to dry cleaning and home coordination.

"Wellness-led design has become a defining factor for luxury buyers," Emma Lowe said.

"Purchasers increasingly value homes that enhance wellbeing through thoughtful design, private amenity, privacy and liveability."

The penthouse purchasers are now undertaking a bespoke customisation process curated personally by architect Pete Kennon and the Lowe Living team, one of the developer's signature service offerings.

Construction on the $160 million transformation of the former Brighton Savoy Hotel site commenced last month, with completion expected in early 2028. The project has secured funding from NAB alongside development partner Monark.

Just one penthouse remains available, along with a limited number of two and three-bedroom residences starting from $3.75 million.

Lowe Living currently has eight projects on the market across Melbourne and recently celebrated its 10th anniversary, having grown a $1 billion development pipeline alongside a $350 million construction pipeline.

&nbsp;

[smartcode_project_cta:default project_id=140818]

Lowe Living set new Melbourne off the plan apartment record

For more than three decades, Hyecorp has been delivering residential projects across Sydney's Lower North Shore, building a portfolio centred on design-led apartment living in some of the city's most established neighbourhoods.

Hyecorp recently launched the latest in its long line of apartment developments, Celine, a 29-storey tower on Archer Street in Chatswood. Like the majority of the developer's projects, Celine caters to a broad buyer demographic, offering a mix of one, two, three and four-bedroom apartments, all designed with owner-occupiers in mind.

Functionality and flexibility are often buzzwords in the new apartment market, but they sit at the core of Hyecorp's design philosophy.

Hyecorp Joint Managing Director Stephen Abolakian says the developer understands it isn't designing apartments for today's needs alone, but for how buyers will live several years into the future.

"When we launch our projects we need to be aware that these developments aren't finished for several years," Abolakian says.

"That home office in the here and now might be a nursery by the time the project completes for a prospective buyer, so we need to think about how the apartment spaces function for future uses so there's longevity in the ownership."

Celine's architects, Fuse, followed the same philosophy, saying the design extends well beyond aesthetics.

"Celine focuses on timeless architectural form and functionality, with a strong emphasis on light, proportion and materiality. The design responds to the urban context of Chatswood while delivering calm, highly liveable interiors that feel both contemporary and enduring. The floorplans have been carefully resolved to maximise usability and outperform typical market offerings in terms of efficiency and liveability."

Most apartments incorporate multipurpose rooms designed for flexibility. Each includes an integrated desk and a standard Murphy pull-down single bed, allowing the space to transition from a home office or study to guest accommodation as needs change. The layouts have also been designed to maximise natural light, storage and overall functionality.

One and two-bedroom apartments feature Miele appliances, while three and four-bedroom residences are appointed with integrated Gaggenau appliances and Taj Mahal stone benchtops.

Buyers who purchase early in the construction process can also take advantage of Hyecorp's "Live Your Way" interior design service, allowing them to personalise finishes and tailor elements of their home to suit their own lifestyle. It's a feature designed to appeal to owner-occupiers who want their apartment to feel uniquely theirs from the day they move in.

[smartcode_project:default project_id=149594 project_image_fid=362614]

While flexible floorplans have become a hallmark of Hyecorp's apartment design, the developer has also continued to place significant emphasis on resident amenity.

As buyers increasingly expect more from apartment living, shared spaces have evolved beyond a gym and barbecue area. They are now an extension of the home, providing spaces to relax, exercise, entertain and connect with neighbours.

At Celine, the resident amenity has been designed with a focus on wellness, centred on the level six podium. An infinity-edge swimming pool, spa, sauna and fully equipped gym are complemented by barbecue facilities and a residents' lounge, creating a range of spaces for relaxation, recreation and social connection above the streets of Chatswood.

Practical conveniences have also been integrated throughout the building, including EV charging provisions, smart parcel lockers, bicycle storage, a pet wash station and dedicated car wash bays, reflecting the project's focus on making everyday living as seamless as possible.

[smartcode_project:default project_id=149594 project_image_fid=362633]

"Celine has been designed to deliver a refined residential experience that reflects the evolution of Chatswood into a premium urban centre,"&nbsp;Abolakian says.

"With over 30 years of experience delivering projects across Sydney's Lower North Shore, Hyecorp brings a deep understanding of what local buyers value. Every detail has been considered to balance luxury, functionality and long-term liveability. This is not just about apartments, but about creating a lasting residential address for discerning buyers."

Hyecorp, vertically-integrated builder-developer, is anticipating construction commencement later this year.

[smartcode_project_cta:default project_id=149594]

Hyecorp brings 30 years of Lower North Shore experience to Celine in Chatswood

Burgeoning South East Queensland developer <a href="https://www.apartments.com.au/developers/frank-developments">Frank Developments</a> is continuing to pad out its capital city development pipeline.

The developer, led by Frank Licastro, has its sights set on Kingsford Smith Drive in Hamilton, where it is planning <a href="https://www.apartments.com.au/new-apartments/avela-60-kingsford-smith-drive-albion-qld-4010">AVELA</a>, a 166-apartment development across three towers that tier down from 28 storeys to 19 and 17.

The towers will rise above the iconic Breakfast Creek Hotel.

Frank has brought on Melbourne architecture practice <a href="https://www.apartments.com.au/architects/rob-kennon-architects">Kennon</a> to design the building, conceived as a “defining architectural marker where the airport corridor meets the inner city.”

<img alt="First look: Frank Developments plans sculptural AVELA for Brisbane's Breakfast Creek gateway" data-entity-type="file" data-entity-uuid="e787c64e-f0a4-4725-891e-e86b40ee5c5c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/AVELA.png?VersionId=1ulwuZ9w2vQ2td7v.J2zUI7Ih_DT4Kwz" />

Kennon describes the project as a once-in-a-generation opportunity.

"Positioned at the northern gateway of Brisbane's primary CBD corridor, this project represents a singular moment in the city's urban evolution, one that will not come again," the architecture practice said in the documents submitted to the Brisbane City Council.

"Where the airport and world beyond meets the city, the building will rise as a sculptural landmark, a defining piece of architecture that signals arrival into Brisbane and anchors the connection between the city and the communities to its north."

<img alt="First look: Frank Developments plans sculptural AVELA for Brisbane's Breakfast Creek gateway" data-entity-type="file" data-entity-uuid="d572bf62-a98d-4847-95d0-889e3d3283e1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/AVELA%20podium.png?VersionId=6.Ax4jBzTbY5ahm55iaMWNR03ODhDQSm" />

The development is centred around owner-occupier apartments, with a mix of two, three and four-bedroom residences designed to capitalise on city and river views.

Four basement levels accommodate resident parking, allowing the podium to prioritise pedestrian activity and public-facing uses like ground-floor retail, a cafe, a&nbsp;neighbourhood grocer, and a public accessible indoor pickleball court and event space.&nbsp;

There will be nearly 2,000 sqm of communal wellness and recreation facilities across three levels.

<img alt="First look: Frank Developments plans sculptural AVELA for Brisbane's Breakfast Creek gateway" data-entity-type="file" data-entity-uuid="c5ac3cbf-3c11-4219-89f3-e12d9e0f9ffd" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/AVELA%20podium%20A.png?VersionId=_.4zd1HLCKa1s6I_oxkY4NNqX6o3Yevn" />

&nbsp;

Frank Developments has increasingly focused on design-led residential projects across South East Queensland.

AVELA is Licastro's second on Kingsford Smith Drive following <a href="https://www.apartments.com.au/new-apartments/alba-92-kingsford-smith-drive-hamilton-qld-4007">Alba</a>, 85 apartments just down the road. The developer has <a href="https://www.apartments.com.au/new-apartments/mira-61-garfield-terrace-surfers-paradise-qld-4217">MIRA</a> and <a href="https://www.apartments.com.au/new-apartments/myst-burleigh-heads-270-the-esplanade-miami-qld-4220">MYST</a> on the Gold Coast, as well as <a href="https://www.apartments.com.au/new-apartments/murano-teneriffe-37-wyandra-street-new-farm-qld-4005">Murano</a> coming up in Teneriffe and <a href="https://www.apartments.com.au/new-apartments/bel-air-33-oxlade-drive-new-farm-qld-4005">Bel Air in New Farm</a>.

Frank Developments plans sculptural AVELA for Brisbane's Breakfast Creek gateway

ASX-listed developer <a href="https://www.apartments.com.au/developers/stockland">Stockland</a>&nbsp;is continuing its push back into the new apartment market, filing plans for a prominent gateway site between Collingwood and East Melbourne.

The development giant, which moved back into the new apartment space when it announced Stanton Place in Sydney's Rosebery and have since filed plans for a 50-storey tower, are jumping into the off the plan Melbourne market.

They are hoping to create a mixed-use neighbourhood precinct for <a href="https://www.apartments.com.au/new-apartments/79-81-victoria-parade-collingwood-vic-3066">79-81 Victoria Parade</a>, replacing an existing commercial building with a scheme by <a href="https://www.apartments.com.au/architects/john-wardle-architects">Wardle</a>&nbsp;for 478 apartments,&nbsp;ground-floor retail, new public open spaces and a publicly accessible pedestrian laneway.

<img alt="First look: Stockland plans new mixed-use neighbourhood precinct for Collingwood gateway site" data-entity-type="file" data-entity-uuid="72dbbca9-3918-4073-afad-a0c0c35be8e7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/stockland%20pers.png?VersionId=bzMVUKKxvwuNK1m0v_td126Rgct32uk_" />

The design report identifies the public realm as a central driver of the proposal.

"Collingwood has limited access to high-quality parks and public open space, and the proposal delivers valuable new areas for respite, social interaction and fine-grain retail activity."

The development would deliver a diverse mix of housing, including studio, one, two and three-bedroom apartments alongside townhouse-style residences. Two basement levels are proposed beneath the development, providing resident and retail parking as well as extensive bicycle facilities.

Wardle's design draws heavily on Collingwood's industrial character, using articulated building forms, brickwork and robust materials inspired by the suburb's warehouse and manufacturing heritage. The built form has been broken into a series of smaller volumes to better respond to the surrounding streetscape while extensive communal gardens, rooftop amenities and shared resident spaces are integrated throughout the project.

<img alt="First look: Stockland plans new mixed-use neighbourhood precinct for Collingwood gateway site" data-entity-type="file" data-entity-uuid="7b2135ed-65df-4253-ad53-f216f06bd467" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/stockland%20podium.png?VersionId=l1B6Hqn8zs772VxH6L1fDPg0KHshan9v" />

The planning documents describe the existing office building as offering little engagement with the public realm, with the redevelopment intended to create a more permeable and active neighbourhood destination.

"The proposed scheme presents a significant opportunity to deliver a vibrant retail plaza and a local neighbourhood hub serving both existing and future Collingwood residents."

The 79–81 Victoria Parade site occupies a strategic location about 1.5 kilometres east of Melbourne's CBD, at the threshold between Collingwood and East Melbourne. It is well served by tram services along Victoria Parade and sits within walking distance of St Vincent's Hospital, Fitzroy Gardens, the Fitzroy activity centre and a broad range of employment, retail and hospitality destinations.

Stockland plans new mixed-use neighbourhood precinct for Collingwood gateway site

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

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

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

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

Every First Home Owner Grant for new property by state

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

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

Staff Writer

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

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

alisonwarters@gmail.com

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

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

Ellen Walker

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

Due to their&nbsp;beautiful beaches and parklands, Queensland&#39;s cities have become popular amongst families looking for affordable and low maintenance apartment living.

According to the last census, families with children were well represented in Australia&#39;s&nbsp;apartment living population, a trend that is likely to continue.&nbsp;

Here are&nbsp;six Queensland apartments perfect for families 
&nbsp;

1. <a href="/buildings/savvi-apartments-35-kelburn-street-upper-mount-gravatt">Savvi Apartments, Upper Mount Gravatt</a> 
Address: 35 Kelburn Street, Upper Mount Gravatt QLD 4122 
Three-bedroom apartments from $635,000

[smartcode_project:default project_id=28074]

Located in the leafy Upper Mount Gravatt, less than 15-minutes from Brisbane&rsquo;s CBD, Savvi Apartments is the latest offering from Opalyn Property Group. Ideal for families, Savvi offers residents modern living with an open-plan layout, large balcony area for entertaining and smart home technology.

Close to popular schools, including Mansfield State High School, the project&rsquo;s central location is a bustling hub of public transport, retail and lifestlye amenities. The home also includes an enclosed laundry area for a family&rsquo;s convenience.

 
&nbsp;

2. <a href="/new-apartments/chevron-one-36-46-stanhill-drive-chevron-island">Chevron One, Surfers Paradise</a> 
Address: 36-44&nbsp;<a href="/new-townhouses/astrid-residences-202-stanhill-drive-surfers-paradise?source_news_article_id=89593&amp;ref=news_body_link">Stanhill</a>&nbsp;Drive, Surfers Paradise QLD 4217 
Three-bedroom apartments from $1,175,000

[smartcode_project:default project_id=6515]

Situated in Surfers Paradise,&nbsp;<a href="/news/chevron-one-heralds-the-beginning-of-chevron-islands-transformation">Chevron One</a>&nbsp;presents an opportunity to secure a luxury residence ideal for a family of four. <a href="/developers/bensons-property-group">Bensons</a>&nbsp;Property Group&rsquo;s&nbsp;<a href="/news/chevron-one-heralds-the-beginning-of-chevron-islands-transformation">Chevron One</a>&nbsp;boasts intuitive design and quality finishes. Cooking for the family has been made easy in kitchens designed by the renowned chef, Shannon Bennett.

Designed by&nbsp;<a href="/architects/marchese-partners">Marchese Partners</a>, the development includes a Club One residents&rsquo; lounge, floating cinema, sculptured gardens and dining facilities. The home is in close proximity to independent schools, including The Southport School and St Hilda&rsquo;s. 
&nbsp;

3. <a href="/buildings/market-lane-the-collection-9-market-lane-maroochydore">Market Lane, Maroochydore</a> 
Address: Mundoo Boulevard, Maroochydore QLD 4558 
Three-bedroom apartments from $486,000

[smartcode_project:default project_id=29988]

Located in the new Maroochydore CBD, Market Lane will offer two and three-bedroom configurations, as well as a selection of penthouse style apartments for Sunshine Coast families. The two-tower project will enjoy a blend of the coastal lifestyle with urban city energy.

The welcoming community offers beachside attractions, family-friendly dining options and countless schools and services. 
&nbsp;

4. Regal, Southport 
Address: 61-73 Meron Street, Southport QLD 4215 
Three-bedroom apartments from $735,000

[smartcode_project:default project_id=22476]

Regal Residences blends family living with luxury and sophistication from its Gold Coast location. Designed by Kris Kowalski Architects, the residence features oak timber flooring, a lap pool, a state-of-the-art gym and a residents&rsquo; lounge.

Located close by beaches and Broadwater Parklands, Regal offers countless leisure activities and lifestyle amenities at your doorstep. 
&nbsp;

5. <a href="/buildings/silk-one-woolloongabba-825-847-stanley-street-woolloongabba">Silk One, Woolloongabba</a> 
Address: 825-847 Stanley Street, Woolloongabba QLD 4102 
Three-bedroom apartments from $805,000

[smartcode_project:default project_id=7879]

Silk One, comprising 177 one, two and three-bedroom apartments, is located within walking distance to the Brisbane CBD. Perfect for families who have a passion for cricket, the project features Brisbane&rsquo;s first and only rooftop skystand, overlooking the Brisbane Cricket Ground, the &lsquo;Gabba&rsquo;.

In close proximity to QUT and Torrens, Silk One offers convenience, style and luxury. Designed by Nettletontribe, apartments in the development include floor-to-ceiling windows, custom cabinetry and deep balconies, as well as a stunning rooftop recreation deck and ground-floor retail space.

The second stage, <a href="/new-apartments/silk-lane-woolloongabba-14-trafalgar-street-woolloongabba">Silk Lane, is expected to be released to the market mid 2021.</a> 
&nbsp;

6. <a href="/buildings/otto-mermaid-beach-1-bondi-avenue-mermaid-beach">OTTO, Mermaid Beach</a> 
Address: 1 Bondi Avenue, Mermaid Beach QLD 4218 
Three-bedroom apartments from $719,000

[smartcode_project:default project_id=6769]

Mermaid Beach&rsquo;s growing population of young families has heightened the demand for family-friendly luxury developments. Morris Property Group&rsquo;s OTTO offers a collection of 70 two and three-bedroom apartments of which you can be proud to call home. &nbsp;

Amenities include a recreational pool, cabana terrace and covered dining and lounge balcony, to enjoy a barbeque with family and friends. Beachside running and biking baths, as well as abundant transport links means OTTO is well connected

Urban takes a look at six Queensland apartments perfect for families

max.kwok_55688

Six Queensland apartments perfect for families

Urban takes a look at six sleek new apartments in Melbourne on the market right now.

1. <a href="/buildings/hawthorn-park-33-camberwell-road-hawthorn-east">Hawthorn Park, Hawthorn East</a> 
Address: 33 Camberwell Road, Hawthorn East VIC 3123 
Two-bedroom apartments from $670,000

[smartcode_project:default project_id=3730]

Located in one of Melbourne&rsquo;s premier suburbs, Hawthorn Park provides a sophisticated residential mid-rise offering luxury and convenience. Delivered by the Dahua Group, the project is expected to reach completion early 2021, boasting amenities that include massage suites, a splash pool, a sky lounge and garden pavilion.

Designed by Rothelowman, the homes feature state-of-the-art kitchens, high-quality appliances, and entertaining areas. The residence&rsquo;s large garden balcony provides views of the communal park, where residents are invited to grow their own produce. 
&nbsp;

2. <a href="/buildings/omnia-4-6-horscroft-place-moorabbin">Omnia, Moorabbin</a> 
Address: 4-6 Horscroft Place, Moorabbin VIC 3189 
Request apartment pricing &amp; floorplans from agent

[smartcode_project:default project_id=29048]

<a class="colorbox colorbox-insert-image" href="/buildings/omnia-4-6-horscroft-place-moorabbin" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="358" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/omnia.jpg?itok=9ohwOzyl" width="580" /></a>

Delivered by Shenfield Property and designed by Roger Brayshaw Architects, Omnia offers an exceptional selection of living spaces. Well-proportioned interiors, designed by Aldona Padjak feature timeless sophistication, open-plan living and modern style. The home&rsquo;s include park frontage, energy efficient design and north-facing aspects that capture natural lifght.

The development is located in close proximity to Moorabbin train station and wonderful local community facilities, including the $30 million redevelopment of the St Kilda Football Club and surrounding parkland. 
&nbsp;

3. <a href="/buildings/sandy-hill-penthouse-222-bay-road-sandringham">Sandy Hill Penthouse, Sandringham</a> 
Address: 222 Bay Road, Sandringham VIC 3191 
Three-bedroom apartments from $1,900,000

[smartcode_project:default project_id=324]

<a class="colorbox colorbox-insert-image" href="/buildings/sandy-hill-penthouse-222-bay-road-sandringham" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="350" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/sandy-hill-penthouse-222-bay-road-sandringham-7de23a92744a07dc80b36025b2e471e9.jpeg?itok=hIxMUh1D" width="580" /></a>

Blueprint Projects&rsquo; recently completed development, Sandy Hill offers 187 three-bedroom residences in Melbourne&rsquo;s bayside area. Designed for low-maintenance luxury living, the apartments offer parquetry flooring, private balcony and a lavish island breakfast bar.

The residence, architecturally designed by Watson Young Architects, boasts executive style living, with wrap-around terrace, complex facilities and electric fireplace. 
&nbsp;

4. <a href="/buildings/parkhill-apartments-west-melbourne-408-spencer-street-west-melbourne">Parkhill Apartments, West Melbourne</a> 
Address: 408 Spencer Street, West Melbourne VIC 3003 
Two-bedroom apartments from $619,000

[smartcode_project:default project_id=27406]

<a class="colorbox colorbox-insert-image" href="/buildings/parkhill-apartments-west-melbourne-408-spencer-street-west-melbourne" 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/81e9f9f7-61a7-4331-98b6-0a6472ba96bd-w3000-h1688.jpeg?itok=vL6Mppok" width="580" /></a>

Minutes from Queen Victoria Market, transport links and Flagstaff Gardens, Central Equity&rsquo;s Parkhill Apartments project is the ideal home for young professionals. The stylish apartment design includes German tapware, spacious bedrooms and a 6.5 star energy rating.

Amenities within the project include seven-day concierge service, a rooftop gym and relaxing rooftop garden, complete with barbeques and outdoor seating areas. 
&nbsp;

5. <a href="/buildings/vista-apartments-9-remington-drive-highett">Vista Apartments, Highett</a> 
Address: 9 Remington Drive, Highett VIC 3190 
Two-bedroom apartments from $660,000

[smartcode_project:default project_id=3303]

<a class="colorbox colorbox-insert-image" href="/buildings/vista-apartments-9-remington-drive-highett" 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/j000306_9remingtondr_049.jpg?itok=5EFVE_HZ" width="580" /></a>

Hallmarc&rsquo;s latest offering in the bayside suburb of Highett is the 154-apartment project, Vista Apartments. Designed to accommodate a modern lifestyle, residences within the development feature open-plan living areas, rustic timber flooring and a large breakfast bar for social dining and entertaining.

Residents at the Highett residence will have access to a state-of-the-art heated swimming pool and fully-equipped gym, just minutes from Sandringham Beach and its bayside eateries. 
&nbsp;

6. <a href="/buildings/volaire-9-dryburgh-street-west-melbourne">Volaire, West Melbourne</a> 
Address: 9 Dryburgh Street, West Melbourne VIC 3003 
Two-bedroom apartments from $599,000

[smartcode_project:default project_id=2407]

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="525" src="https://www.youtube.com/embed/2A3Q1OhUVBA" width="1034"></iframe>

Comprising over 150 apartments spread across ten floors, Volaire&rsquo;s sleek design provides residents with the ultimate comfort and convenience. Delivered by Cbus and designed by Hayball, the West Melbourne project is located adjacent to the CBD and offers multiple built-in amenities.

Residents can enjoy their downtime on the sixth-floor Sky Podium, which includes both barbeque and lounge areas, as well as a communal garden and breathtaking city views.

Urban takes a look at six sleek new apartments in Melbourne on the market right now

Six sleek new apartments in Melbourne

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Fraser Property’s new master-planned community in Sydney’s Macquarie Park has achieved over 100 sales since its October launch.

Midtown MacPark, the new $2.1 billion community, occupies an 8.2-hectare site and is expected to feature a mix of around 3,300 new mixed-tenure residences, integrated within community facilities.

Fraser Property noted strong interest from first-home buyers with all studio apartments sold, which Fraser Property’s Nigel Edgar attributed to the HomeBuilder scheme.

“We’ve also seen strong demand from investors, who represent nearly 50 per cent of purchasers to date”, he said.

The development will include a proposed co-educational primary school, two childcare centres, seniors’ living and aged care, a new 6,000sqm central park, playgrounds, a community centre, and commercial pool and gym.

Designed by architects including Bates Smart, Hassell, COX and Candalepas Associates, the master-planned community will likely benefit the broader Macquarie Park community with the countless amenities expected to drive prices up.

<h2>Here are three luxury apartments in or nearby Macquarie Park</h2>

1. <a href="/new-apartments/trilogy-112-talavera-road-macquarie-park">Destination, Macquarie Park</a> 
Address: 114 Talavera Road, Macquarie Park NSW 2113 
One-bedroom apartments from $600,000

<a class="colorbox colorbox-insert-image" href="/new-apartments/trilogy-112-talavera-road-macquarie-park" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="334" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/destination-114-talavera-road-macquarie-park-a01e0c0989e3e71fbf549469c332ad75.jpg?itok=uDxfo3ZC" width="580"></a>

Delivered by Meriton and designed by DKO Architecture, Destination offers serene garden terraces, timeless design and views from every angle. Located within NSW’s second-largest business district, Destination will be located nearby the soon-to-be constructed Midtown.

The project offers lots of opportunity to downsizers hoping to take advantage of Macquarie Park’s competitive advantages, including its proximity to Macquarie University and local amenities. 
 

2. <a href="/buildings/moseley-17-21-moseley-street-carlingford">Moseley, Carlingford</a> 
Address: 17-21 Moseley Street, Carlingford NSW 2118 
One-bedroom apartments from $550,000

<a class="colorbox colorbox-insert-image" href="/buildings/moseley-17-21-moseley-street-carlingford" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="383" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/moseley-17-21-moseley-street-carlingford-deb64d668ca2451b931fe7318ec1af70.jpg?itok=IXNSKjZZ" width="580"></a>

The affordable Moseley project is located close-by Epping station, under 5 minutes to Macquarie University station. It will be delivered by the H&amp;T Group. The 41 one, two and three-bedroom apartments match the needs of families, downsizers and young professionals with contemporary design, modern silhouettes and amenities.

The building offers residents private storage, a gym, communal entertaining areas, and an electric charging dock. 
 

3. <a href="/buildings/reflections-44-shoreline-drive-rhodes">Reflections, Rhodes</a> 
Address: 44 Shoreline Drive, Rhodes NSW 2138 
Two-bedroom apartments from $840,000

<a class="colorbox colorbox-insert-image" href="/buildings/reflections-44-shoreline-drive-rhodes" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="300" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/reflections-44-shoreline-drive-rhodes-2d91adcbc292093a24c336e8bfd5eeb2.jpg?itok=fDaBzBo7" width="580"></a>

Meriton’s final waterfront development at the Rhodes Peninsula is Reflections, stunning homes with never to be built out views. The low-density collection of 94 apartments feature enclosed balconies, floor-to-ceiling windows, and oversized proportions.

Just over 10 minutes’ drive from Macquarie Park, the project enjoys a real community feel with a 300sqm private park, 25-metre heated pool, sauna and gym among its offerings.
</body></html>

The group's new master-planned community, Midtown MacPark, has achieved over 100 sales since its October launch.



Fraser Property sees strong interest at their Macquarie Park project

<html><body>
Adelaide provides luxury living at an affordable price and, as investors flock to the contemporary city, developers are beginning to offer multi-million dollar projects to meet the demand for high-end properties. 

Urban takes a look at five luxury residences on the market in Adelaide right now.

1. <a href="/new-apartments/11a-esplanade-somerton-park">Arvia, Somerton Park</a> 
Address: 11A Esplanade, Somerton Park SA 5044 
Four-bedroom apartments from $3,000,000

<a class="colorbox colorbox-insert-image" href="/new-apartments/11a-esplanade-somerton-park" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="389" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/somerton_park.jpg?itok=mE4EH2KC" width="580"></a>

Located on the South Australian coastline, Arvia offers luxury living at its finest. The sophisticated residence offers four bedrooms and two bathrooms, sea views and open-plan living and dining.

Arvia takes full advantage of the golden sands of Somerton Beach with an entertainer’s balcony that boasts 180 degree water views. 
 

2. <a href="/new-apartments/luminesque-108-currie-street-adelaide?ref=srp_listview">Luminesque, Adelaide</a> 
Address: 108 Currie Street, Adelaide SA 5000 
Three-bedroom apartments from $1,450,000

<a class="colorbox colorbox-insert-image" href="/new-apartments/luminesque-108-currie-street-adelaide?ref=srp_listview" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="327" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/luminesque-108-currie-street-adelaide-40110eabd43b119f2a5282bd70906998.jpg?itok=pjsCLQ4u" width="580"></a>

Luminesque, delivered by Palumbo, has only three residences remaining from 69 apartments. The premiere project, located in the centre of Adelaide’s city, shares amenities with the five-star Sofitel Hotel.

Perched on levels 25 to 32 of the Sofitel, residents will have access to facilities including a pool, gym, restaurants, room service and concierge, with the privacy of a separate residents’ entrance lobby. 
 

3. <a href="/buildings/the-adelaidean-27-frome-street-adelaide">The Adelaidean, Adelaide</a> 
Address: 27 Frome Street, Adelaide SA 5000 
Check availability for three-bedroom apartments

<a class="colorbox colorbox-insert-image" href="/buildings/the-adelaidean-27-frome-street-adelaide" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="349" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/adelaidean_0.jpg?itok=etkGxfAZ" width="580"></a>

Rising as the tallest residential tower in Adelaide, the Adelaidean comprises 88 one, two and three-bedroom residences across 37 levels. Developed by Kyren Group, the project provides comfort and grandeur to its residents, boasting a forward-focused tower encased in glass.

The Brown Falconer designed building includes floor-to-ceiling windows, city views and premium finishes. 
 

4. <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

<a class="colorbox colorbox-insert-image" href="/buildings/realm-9-19-austin-street-adelaide?ref=srp_listview" 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/realm.png?itok=VWLmka4K" width="580"></a> <a class="colorbox colorbox-insert-image" href="/buildings/realm-9-19-austin-street-adelaide?ref=srp_listview" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="325" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/realm-living-study-1200x550.jpg?itok=HvCGJIho" width="580"></a>

Comprising 320 apartments, Realm Adelaide features the city’s most expensive apartments, boasting luxurious amenities and architectural design. Sydney-based developer Parallel Property employed Elenberg-Fraser to design the building, which features a golden, geometric façade.

Residents will enjoy a CrossFit gym, 25-metre outdoor pull, yoga studio, large entertaining deck, indoor dining area and Wellness Centre.   
 

5. <a href="/buildings/two-four-six-246-unley-road-unley">Two Four Six, Unley</a> 
Address: 246 Unley Road, Unley SA 5061 
Three-bedroom apartments from $1,350,000

<a class="colorbox colorbox-insert-image" href="/buildings/two-four-six-246-unley-road-unley" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="378" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/246.jpg?itok=RJWOAnGD" width="580"></a>

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, the development features large glass balconies, sandstone terraces, floor-to-ceiling windows and ample storage.

<h2>SA properties selling now:</h2>

[smartcode_project:default project_id=29917]

[smartcode_project:default project_id=29911]

[smartcode_project:default project_id=29913]
</body></html>

Urban takes a look at five luxury residences on the market in Adelaide right now

Inside five of Adelaide's million dollar apartments

Apartment sellers in the luxury Main Beach block Sea have joined the windfall gains kicked off by the off the plan buyers three years ago.

The sixth level sub-penthouse in the boutique block of just seven whole floor apartments has just sold for $6.3 million, some $800,000 higher than it was bought for just eight months ago.

The whole floor apartment spans 365 sqm and has three ensuited bedrooms, a home office and a media room.

<img alt="" data-entity-type="" data-entity-uuid="" height="796" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/sea_main_beach_2.jpg" width="1200" />

The sale was secured in just 15 days by Ray White Surfers Paradise agent Robert Graham, to a local couple from the Gold Coast.

Investors will no doubt be looking to some of Main Beach’s high end apartment developments given the resale value which Sea, on the beachfront Main Beach Parade, has seen in recent years.

The majority of Sea’s off the plan buyers have seen huge price gains when re-selling their apartments following its mid-2018 completion.

<img alt="" data-entity-type="" data-entity-uuid="" height="802" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/sea_main_beach_3.jpg" width="1200" />

Most off the plan sales took place in early 2018, a few months before the Bayden Goddard-designed block was completed.

The second level apartment sold for $3.3 million in early 2018, and less than 15 months later when completed sold for $5 million. It traded again last year, bought for $5.35 million by the Dominos Pizza boss Don Meij.

<img alt="" data-entity-type="" data-entity-uuid="" height="787" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/sea_main_beach_4.jpg" width="1200" />

Apartment five, another which sold for $3.3 million off the plan in 2018, sold last year for $5.5 million, a $2.2 million gain in just two years.&nbsp;

It was sold by Brittany Eastment, wife of car dealer Greg Eastment, the latter still owning the ground level after his $3.5 million off the plan buy.

The whole floor apartment spans 365 sqm and has three ensuited bedrooms, a home office and a media room.

Main Beach apartment complex Sea secures $6.3 million sub-penthouse sale

The ASX listed developer Cedar Woods has acquired a 21.7 hectare site in Melbourne’s north, immediately adjacent to the company’s existing Mason Quarter project in Wollert.&nbsp;

The combined project will accommodate a master planned community of around 800 lots plus two proposed school sites.

[smartcode_project:default project_id=99962 project_image_fid=160810]

The additional land, described as a strategic acquisition, was purchased for $30 million from a private land owner.

The payment has been deferred until 2022.&nbsp;

Mason Quarter comes with a proposed town centre, a future train station, schools, community facilities, walking and cycling paths, and parks.&nbsp;

Cedar Woods’ Managing Director, Nathan Blackburne, said the acquisition utilised “its strong balance sheet to take advantage of this favourable time in the property cycle.”

[smartcode_project:default project_id=95340 project_image_fid=160803]

“We’re confident that the Melbourne land subdivision market will benefit from continued housing demand and perform well as Victoria continues its economic recovery,” said Mr Blackburne.

The combined site increases Mason Quarter’s frontage to Craigieburn Road.

[smartcode_project_cta: project_id=99962]

The combined project will accommodate a master planned community of around 800 lots plus two school sites.

jchancellor

Developer Cedar Woods acquires 21 hectare site in Melbourne’s Wollert adjacent to their Mason Quarter project 

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A Bondi Junction apartment site permit-ready for a five level apartment building, has sold for around $9 million. 

The incoming developer intends to proceed with the approved project at 110-116 Bronte Road.

The Bureau SRH designed complex will contain 20 dwellings, two shops and basement parking at the corner of Bronte Rd and Porter St.

Cohen Handler development and commercial acquisitions director Tas Costi represented the purchaser

Metro Commercial’s Zorick Toltsan was the selling agent of the site known Metropolitan 2022.

The developer Three Chefs Hats had paid $4.9 million in 2015 for the site on delayed settlement terms that saw a 2017 settlement. The retail premises have been occupied by Worldwide Travel, Medani Bakery and Awaken Life Chiropractic.

It has previously brought projects to market at Rose Bay and Bellevue Hill.

The development application was first lodged in 2014 with the 110–116 Bronte Road application the subject of Land and Environment Court (LEC) appeal in 2017. 

The Waverley Council noted the determination of the appeal saw the LEC ensure compatibility with the current street character as well as the desired future street character as set by the WLEP2012 and the WDCP 2012.

The appeal for 110–116 Bronte Road was determined  by Commissioner O’Neill who noted the requested exceedance of the height of buildings development standard was not justifiable on the basis of the form and height of the nearby Waverley telephone exchange building, nor its corner position.

The one and two bedroom units were offered by Richardson and Wrench-Bondi Junction agent Andre Frack in 2018  when completion was expected for late 2020. 

The apartments that all come with 15 sqm terraces were initially prices from $945,000 for one-bedroom units spanning 50 sqm internally. They were priced to $1.19 million. 

The two-bedrooms have about 80 sqm of internal space answer listed for between $1.6 million and $1.9 million.

No new pricing intentions have yet emerged.
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The Bureau SRH designed complex will contain 20 dwellings, two shops and basement parking at the corner of Bronte Rd and Porter St.

Bondi Junction site with five level apartment development plans sells for around $9 million

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<h2>OPINION:</h2>

Having worked in the industry continuously for many years, I have seen property trends come and go and come again, and I believe right now is a particularly interesting time. For the first time in many years, decades even, First Home Buyers have more opportunity than ever to get themselves onto the property ladder.

It’s been well documented that Millennials in particular have found buying their first home a lot more difficult than previous generations, so the government grants and stamp duty exemptions on offer right now are particularly welcome – however many people are not actually aware of what is available to them, or that they might be closer than they think to owning their own place.

Although it seems that word of all the assistance available is reaching a few savvy purchasers, our main source of enquiry are first home buyers at our newest project in Brunswick, <a href="/buildings/brunswick-yard-8-ballarat-street-brunswick">Brunswick Yard</a>. The combination of historically low-interest rates of c. 1% (cash rate) and government grants have really boosted appetite for entry-level property product. For first home buyers in particular, it's not servicing the loan that is the biggest problem, it's saving the deposit in the first place. Conversely, some people have come through the Melbourne Covid lockdown with more money in their savings accounts than previously, especially when you add in early superannuation withdrawal.

We are seeing that young people are viewing this time as a unique time to step onto the first rung of the property ladder and really capitalising on the government grants and financial assistance. There is a lot of movement in the market. The Residential <a href="/news/everything-you-need-to-know-about-australias-25-000-homebuilder-grant-how-much-off-the-plan-homebuyers-could-save">Homebuilders Grant</a> has been extended to the end of March 2021, albeit at a reduced rate of $15,000. The grant is available to individuals with annual income below $125k a year, or couples with a combined income of up to $200k based on 2018-19 tax returns.

<a href="/guides/how-to-navigate-australias-first-home-buyer-grants" target="_blank">First Home Buyers’ Grant</a> is a Victorian state grant for property purchases up to $750k. The grant is for $10k for inner-city and $20k for regional locations. And most excitingly, First Home Buyers purchasing their first place up to $750K receive stamp duty 
concessions. If your home has a dutiable value of $600,000 or less, you receive the first home buyer duty exemption (no stamp duty payable). However, if your home has a dutiable value of $600,001 up to $750,000, then you receive the first home buyer duty concession of 50% reduction of stamp duty.

What I believe to be the most interesting thing about all of the above, is that these grants and concessions can be compounded! So, if you are eligible for them all, then you could be saving yourself many tens of thousands of dollars! If you are looking to buy in the Brunswick area, and in particular are looking at off-the-plan projects such as the one my team and I are working on at Brunswick Yard, I would also impart advice on what to look out for to ensure you are putting yourself in a good financial position for the future.

We only work on projects that we believe are positive contributions to the area and our city. I believe that Brunswick Yard is a good example of how medium-density living can add to (not deflect from) inner-urban living and the built realm, as there is an important equation of location + design - price to consider. This is something especially true if the project is considerate to its community and the people residing and working in the area.

Firstly, location is everything. Location informs the character and identity of a building. In real estate, a corner site is always preferable because of the views and aspects it provides. A corner site also anchors the look and feel of the block.

Next, do your research on the architect and the developer. If they are well regarded and have a strong track record, then you can rest assured you are in safe hands and your project won’t fall behind schedule. Looking at our Brunswick Yard project from a design perspective, the architect, Chris McCue of Carr respects the urban landscape but is looking to add more nature for residences of Brunswick through biophilic design references through the building. Brunswick Yard is wrapped in a growing green vine which provides fresh air reticulation and privacy. There’s also a central courtyard that will bring light into the residences and provide a space for residents to have BBQs and makes it much more likely for meaningful interactions to take place which over time leads to a sense of community. The <a href="/news/apartments-now-90-sold-biophilic-design-a-key-contributor-to-melbourne-quarters-sales-success">biophilia</a> hypothesis is the idea that humans have a need to connect to nature due to our evolutionary dependence on nature for survival and personal fulfilment. 

Finally, one more hot tip would be on parking as it’s a contentious topic for purchasers. This too is well considered with Brunswick Yard with generous residential parking of 144 car spaces and 175 bike parks will alleviate traffic congestion in the community. Non-stacker parking is always attractive to residents!
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Olivia Round

First Home Ownership and Brunswick Yard

CoreLogic’s best of the best 2020 report has revealed that the highest median unit value in Queensland&nbsp;was found in Noosa Heads, just shy of $900,000.

The report revealed Australia’s $7.2 trillion residential real estate market proved resilient in the face of a global pandemic, leaving an overall positive market outlook for 2021.

Eliza Owen, CoreLogic’s head of research, said the report highlighted the resilience of luxury markets in Australia.

On the overall top ten apartment markets every suburb&nbsp;listed amongst the nation’s best for unit value were located in Sydney, with Point Piper taking the top spot as it did in 2019 with a median unit value exceeding $2.28 million.

Queensland's Laguna Quays however had Australia's lowest median unit value at just $76,123

"The Sunshine Beach on the Sunshine Coast has seen the highest annual capital growth in houses nationally, compared with 2019 when St Kilda in Melbourne saw the highest housing growth,” Eliza&nbsp;Owen said.

<h2>Here are a two luxury apartments available on the Sunshine Coast</h2>

1. First Bay by Mosaic

<a href="/new-apartments/first-bay-by-mosaic-131-coolum-terrace-coolum-beach">131 Coolum Terrace, Coolum Beach QLD 4573</a>

<figure><a 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/first_bay.jpg"><img alt="" data-entity-type="" data-entity-uuid="" height="410" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/first_bay.jpg?itok=6OLSI7X8" width="580" /></a></figure>

With an estimated completion time late 2021 the&nbsp;direct beach-front location,&nbsp;First Bay, will feature a very limited collection of apartments across two boutique&nbsp;buildings.

Featuring just 36&nbsp;two and three-bedroom residences, featuring the Masterpiece full-floor penthouse for $2,900,000.

Their nearby development Drift by Mosaic, built in 2019 is already sold out.

2. Lumina Residences

14 Serenity Close, Noosa Heads QLD 4567

<figure><a 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/lumina.jpg"><img alt="" data-entity-type="" data-entity-uuid="" height="400" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/lumina.jpg?itok=xU_nqaQD" width="580" /></a></figure>

Developed by Cape Bouvard, Lumina Residences in the exclusive residential enclave of Settler’s Cove offering the facilities of a 5-star luxury resort.

Also known as L2, luxury residences are available&nbsp;From $1.75 million.

&nbsp;

CoreLogic’s best of the best 2020 report has revealed that the highest median unit value in Queensland was found in Noosa Heads, just shy of $900,000

jordan_55689

Noosa Heads hosts Queensland’s priciest apartments: CoreLogic

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The luxury redevelopment of the Kirra Beach Hotel site in Coolangatta's Kirra Point has already seen nearly half of their 118 Miles Residences apartments in stage one sell.

Some $88 million has been secured for the KTQ Group, whose $180 million first stage is part of their <a href="/buildings/miles-kirra-beach-hotel-101-musgrave-street-coolangatta">$380 million re-development of the site</a> which will also include a new pub and pavilion.

The average sale price has been $1.61 million.

The sales conversion has come off the back of more than 1,000 inquiries prior to the project’s much launch on December 27. 
KTQ Group development director Jeremy Holmes said the very promising sales start would fast track the commencement of construction on the project.

<a href="/buildings/miles-kirra-beach-hotel-101-musgrave-street-coolangatta"><img alt="" height="800" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/kirra_miles_residences_living_area_.jpg" width="1200"></a> 
“We’re pleasantly surprised at the sales, but we were always of the belief that when we went to the market with Miles Residences there would be significant interest no matter what type of market we were in,” Mr Holmes said. 
“The reality is it is impossible to replicate this offering on a one-hectare site overlooking Kirra Beach. The fact that the southern Gold Coast market has been so strong, along with a pent-up demand for this particular development, has provided a solid foundation for the launch campaign.

Miles Residences has targeted predominantly owner-occupiers and will offer spectacular views across the Gold Coast from its location on one of Australia’s most famous north-facing beaches.

"We have seen a great cross section of buyers to date, with 70% coming from Queensland and 23% from New South Wales. The high level of Queensland buyers is mainly due to the local market acting quickly to choose their ideal apartment. They have been waiting 10 years for this project and didn’t want to miss out on the uninterrupted view lines.” 

Sales have ranged across a diverse mix of apartments with one-bedroom residences selling from $550,000 up to the most spectacular three bedroom plus MPR residences reaching $3,000,000.

<a href="/buildings/miles-kirra-beach-hotel-101-musgrave-street-coolangatta"><img alt="" height="806" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/kirra_exterior.jpg" width="1200"></a>

Prices start from $545,000 for the one bedroom apartments, from $795,000 for the two bedders and from $1.5 million for the three bedroom, three bathroom apartments.

Tim Keenan, of Keenan &amp; Co which is marketing Miles Residences, said the interest had been overwhelming.

“We have not stopped. The inquiry from locals as well as interstate purchasers has been relentless,” Mr Keenan said.

“The reality is that the southern Gold Coast has never seen such a quality offering and the market has responded in kind.

“Buyers who know and understand the uniqueness of one of Australia’s most iconic north facing beachfront locations have been waiting for a project of the quality and scale that KTQ Group has put together. 

 

“We are pleased that we still have some of the best apartments available for sale and we are seeing buyers across all price points and unit types. 

“This is the first major destination precinct for Kirra and the quality of these superlatively designed apartments to match such a wonderful location has combined to create enormous interest and sales conversions.”The Woods Bagot-designed tower is slated for completion in early 2023.

The Kirra Beach first stage is expected to take two and a half years to deliver and will create hundreds of initial construction jobs and then a number of hospitality jobs upon completion.

The family-owned KTQ Group are the owners of the award-winning Elements of Byron resort which has won multiple tourism and design awards including the Urban Development Institute of Australia’s 2017 and 2018 Awards for Excellence in retail and regional development.

 
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The KTQ Group's $380 million re-development of the site will feature 118 apartments in total and a new pub and pavilion.



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