<a href="https://www.apartments.com.au/developers/mayd-group">MAYD Group</a> has set a new residential price record in Queensland with the $30 million sale of the penthouse at its <a href="https://www.apartments.com.au/new-apartments/one-burleigh-88-the-esplanade-burleigh-heads-qld-4220">ONE Burleigh</a> development in Burleigh Heads.

The sale equates to around $37,500 per sqm.

The two-level, 800 sqm penthouse, featuring five bedrooms, five bathrooms, five car spaces, and a private infinity pool overlooking the Pacific Ocean, was acquired by a Gold Coast-based entrepreneur, highlighting continued demand for ultra-premium beachfront product.

Selling agent Freddie Tehle of PRD Burleigh Heads said the result reflects tightening supply of high-quality, large-format apartments in Burleigh.

“There’s very limited opportunity to secure this level of scale and absolute beachfront position in <a href="https://www.apartments.com.au/developments/burleigh-heads-qld-4220">Burleigh Heads</a>,” Tehle said.

“Buyers are increasingly seeking apartments that genuinely replace a standalone home, and this penthouse delivers that with its size, privacy, and direct ocean frontage.”

[smartcode_project:default project_id=146358 project_image_fid=323057]

The sale comes as construction progresses on ONE Burleigh, a boutique development of 17 full-floor residences at 88 The Esplanade, scheduled for completion in early 2027.

Developed by MAYD Group and designed by <a href="https://www.apartments.com.au/architects/mas-architecture-studio">MAS Architecture</a> with interiors by <a href="https://www.apartments.com.au/interior-designers/sici-design">Sici Design</a>, the project has been positioned as a collection of house-sized beachfront apartments, each occupying an entire floor with around 381 sqm of internal and external living space.

When construction commenced, MAYD director Todd Mould pointed to the long-term resilience of premium coastal real estate as a key driver behind the project.

“Real estate, particularly at the premium end, remains one of the most resilient and proven long-term investment avenues,” Mould said.

“Our ambition is that anyone who buys a MAYD-built product can genuinely feel the care, craftsmanship and commitment we bring to every detail.”

[smartcode_project:default project_id=146358 project_image_fid=323055]

Each residence has been configured with four bedrooms, multiple living zones, a private office, and expansive ocean-facing terraces. Interiors draw on a restrained material palette, including travertine stone, timber joinery, and integrated premium appliances.

Interior designer Sici Design said the approach was to reflect the project’s coastal setting through both materiality and spatial planning.

“ONE Burleigh is our vision of luxury living, designed to bring the essence of Burleigh Heads' vibrant coastal beauty into an unparalleled residential experience.”

Residents will have access to a suite of wellness-focused amenities, including pools, sauna facilities, and dedicated relaxation spaces, reflecting a broader shift toward lifestyle-driven apartment design on the Gold Coast.

[smartcode_project:default project_id=146358 project_image_fid=323052]

The project occupies a southern Esplanade site with uninterrupted beachfront frontage, an increasingly rare offering in Burleigh Heads, free from the Norfolk Pines that line much of the coastline and often limit direct ocean outlook.

Mould said the design intent was to balance that outlook with a sense of retreat.

“Living at ONE Burleigh is about how your day naturally unfolds, morning light across the ocean, coffee on the balcony, and being in Burleigh but elevated above the noise.”

The result further reinforces Burleigh Heads’ emergence as one of the Gold Coast’s most tightly held and supply-constrained beachfront markets, where boutique, owner-occupier-focused developments are increasingly setting new price benchmarks.

[smartcode_project_cta:default project_id=146358]

Joel Robinson

MAYD Group sets Queensland record with $30 million penthouse sale at ONE Burleigh in Burleigh Heads

Apartment developers in the Gold Coast are finding new, creative ways to differentiate themselves from competing projects, as new supply starts to flow through up and down the Coast.

Developer Big Projects brought in the renowned Sydney-based design studio YSG to craft the interiors for The Frederick, Big Projects' new Mermaid Beach project and YSG's first move into the multi-residential development space.

[smartcode_project:default project_id=110588 project_image_fid=5346]

It was a strategic move for Big Projects to bring in a Sydney eye to the development.

“Our role is to give our design partners the space and freedom to explore,” says Matt Barrett, Director of Big Projects.

“We wanted YSG Studio to capture the essence of Nobby’s, to design a building that embraces life, light and connection, while creating a genuine sense of place.”

There are only 39 apartments in The Frederick, including a striking beach house, just 100 metres from the booming Nobby Beach precinct.&nbsp;

[smartcode_project:default project_id=110588 project_image_fid=5347]

Yasmine Ghoniem, Director of YSG Studio, says their vision&nbsp;for The Frederick "reinvents coastal living."

“Nobby’s has such an iconic energy, it’s one of those rare pockets of the Gold Coast where the community, the beach, and the streets all feel connected,” Ghoniem says.

"Responding to the neighbouring coastline, soothing curves add a relaxing regional overlay, while unique detailing really sets it apart. It’s a place that feels lived in from the moment you step inside.”

A standout feature of The Frederick is its rooftop terrace, an uncommon inclusion for a boutique, low-rise building, where amenity is typically concentrated at ground level.

[smartcode_project:default project_id=110588 project_image_fid=5360]

Positioned to capture panoramic views from the hinterland to the ocean, the rooftop has been designed as a series of intimate zones. It includes a pool, sauna, sun decks, workspaces and dedicated entertaining areas.

“The rooftop was conceived as a collection of spaces where residents can unwind and connect, an extension of the Nobby’s lifestyle,” Barrett says.

Architecture for the project was led by Plus Architecture, with landscape design by LDG.

SRQ Projects Director Nick Clydsdale, who is handling sales at The Frederick, says the majority of enquiry is coming from South East QLD and Victorian buyers who have been actively searching between Broadbeach and Mermaid Beach for some time.

"They’ve reviewed a number of projects, however this one has stood out for its design flair/ appeal,"&nbsp;Clydsdale says.

Site demolition is slated for this month, with construction commencing soon after. Big Projects is targeting a late 2027 completion.

[smartcode_project_cta:default project_id=110588]

Big Projects taps Sydney’s YSG for first multi-residential project at The Frederick Mermaid Beach

Melbourne-based property developer ALTA Property has this week achieved planning approval for the adaptive re-use of a former commercial tower into a $200 million, 169-apartment project at 10 Queens Road, one of the last developable sites along the Albert Park Lake-fronting boulevard.&nbsp;

Set within one of Melbourne’s most sought-after precincts and designed by <a href="https://www.apartments.com.au/architects/fraser-partners-0">Fraser and Partners</a>, the illustrious building will offer unparalleled views across Albert Park Lake, Port Phillip Bay and Melbourne CBD.&nbsp;

The mix of 1, 2 and 3-bedroom residences will be complemented by a ground-floor amenity featuring private dining, a lounge bar, gym and wellness spaces, co-working, outdoor communal gardens, and retail.&nbsp;

The 17-storey building is a masterclass in adaptive re-use, with the existing commercial building’s façade, shell and internal structure to be retained, before high-end residences are built from the ground up in a newly built Albert Park facing addition to the building.&nbsp;

Sitting atop the building will be two 320+sqm penthouses with private rooftop terraces, which are expected to be priced between $9 - $11 million.&nbsp;

<img alt="ALTA Property achieves permit approval for $200 million Queens Road tower" data-entity-type="file" data-entity-uuid="aa11211b-5581-43f9-940c-fc84d30a0e61" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/C_04.png?VersionId=Yhf5p_1EgGDu_zOIMFgvA8Ug8j3sTFQs" />

Architecturally, the building will feature a curved, geometric façade that celebrates and elevates the existing structure, with warm, muted tones which were selected to extend the materiality of the existing building rather than contrast it.&nbsp;

Interiors will bring together three metre high ceilings with waffle concrete in some spaces, natural timber, granite and Australian materials, culminating in crafted, generous and considered spaces that are defined by authenticity.&nbsp;

The adaptive re-use means that the Queens Road project will be a sustainability led, high-quality finished product, with a 62% saving in carbon emissions by re-using the existing structure rather than knocking it down and rebuilding.&nbsp;

ALTA Property was launched by Nigel Givoni in 2023, bringing over 25 years of experience in multi level residential delivery.&nbsp;

Melbourne’s property market growth is currently led by apartments. According to RPM VIC Apartments &amp; Townhomes Market Report (April 2026), units are outpacing houses, especially in the middle ring suburbs where median prices hit $757,500 – a four-year high that represents 2.9 percent growth quarter-on-quarter.&nbsp;

<img alt="ALTA Property achieves permit approval for $200 million Queens Road tower" data-entity-type="file" data-entity-uuid="647e13d7-b4bc-433a-9bc9-fe3c3dd4f2ec" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/V_06.png?VersionId=ou4NUCWUgA3NAy.6CQJlEdKX50j3dOk6" />

For ALTA Property Founder Nigel Givoni, this performance speaks to the confidence he has in the Melbourne market.&nbsp;

“Queens Road represents a rare opportunity to continue to shape our presence in the Melbourne market.,"&nbsp;Givoni says.

"With a considered project team and a premier site along one of the city’s most sought-after boulevards, we look forward to contributing to the fabric of this established address.

“Other Australian markets are getting a lot of attention, but I believe the depth of value in Melbourne is being overlooked. The fundamentals are strong, population growth is steady and, based on our preliminary conversations with a leading builder, construction costs are beginning to normalise, creating further opportunity."

Givoni says the project is a&nbsp;highly considered example of adaptive re-use, delivering quality, high-end residences, premium hotel-inspired amenities and an architecturally striking façade, all achieved without the need to remove the existing structure.

"We are really looking forward to the market’s response,” he said.&nbsp;

ALTA Property to deliver $200 million Queens Road apartment tower

Construction is set to begin at <a href="https://www.apartments.com.au/new-townhouses/orchard-mews-glen-iris-18-scott-grove-glen-iris-vic-3146">Orchard Mews</a> in Glen Iris, with&nbsp;PC Whitehall &amp; Sons&nbsp;now appointed as the townhome development moves into its next phase.

The development by&nbsp;<a href="https://www.apartments.com.au/developers/montcoeur">MontCoeur</a>,&nbsp;located at 18 Scott Grove, is now around 30 per cent sold, with completion targeted for late-2027.

Orchard Mews comprises a curated collection of three- and four-bedroom customisable townhomes, positioned within one of <a href="https://www.apartments.com.au/developments/glen-iris-vic-3146">Glen Iris</a>’ more tightly held residential streets. The low-density project has been designed by <a href="https://www.apartments.com.au/architects/cera-stribley-architects">Cera Stribley</a>, with landscape architecture by <a href="https://www.apartments.com.au/landscape-architect/jack-merlo">Jack Merlo</a>, bringing together a team known for high-end residential projects across Melbourne.

[smartcode_project:default project_id=150128 project_image_fid=366285]

The development is defined by its focus on flexible living and long-term usability. Each residence includes multiple living zones and a customisable multipurpose room, allowing buyers to tailor spaces to suit changing needs, whether as a home office, additional bedroom, wellness area or entertainment space.

Architecturally, the townhomes emphasise natural light and spatial volume, with dual-aspect layouts and double-height living areas incorporated into the design. Interiors feature natural stone benchtops, premium appliances, and a neutral material palette intended to support everyday functionality rather than statement-driven finishes.

All residences are all-electric and include private lifts and secure double garages, reflecting a broader shift toward sustainability and future-focused housing in Melbourne’s established suburbs.

[smartcode_project:default project_id=150128 project_image_fid=366277]

Outdoor connections are also central to the offering, with a mix of private courtyards and terraces extending internal living spaces and integrating with the landscaped surrounds.

The Scott Grove address places Orchard Mews within close proximity to some of Melbourne’s key lifestyle and education amenities, including Scotch College, Sacré Cœur, Cabrini Hospital and the retail hub of Chadstone. Public transport access is also nearby, with trams and Gardiner Station providing connectivity to the CBD and surrounding suburbs.

[smartcode_project_cta:default project_id=150128]

Construction to commence at luxury Glen Iris townhome project, Orchard Mews

A rare new apartment development has been proposed on the fringe of St Ives Village.

Developer Newquest Property has lodged plans for a low-rise apartment project designed by well-regarded architecture firm Warren &amp; Mahoney, which is best known for its work in the multi-residential sector in Melbourne.

The building, proposed for a 1,916 sqm site on <a href="https://www.apartments.com.au/new-apartments/st-ives-residences-3-5-memorial-avenue-nsw-2075">Memorial Avenue</a> opposite St Ives Village Green, has been designed to blend into the surrounding natural environment.

<img alt="St Ives" data-entity-type="file" data-entity-uuid="5c1c7437-2fba-4345-a6d7-05321714ad3e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-04%20at%201.28.46%E2%80%AFPM.png?VersionId=KrYyMaJvNqR7vbx0xbB3Ef8sJ6FuHpmn" />

“Drawing inspiration from the pale trunks and flowering canopies of the scribbly gums and blue gums prevalent in the area, a considered material palette was developed,” the architectural design report states.

“This palette references the established materiality of the suburb while elevating it through refined finishes to achieve a more luxurious architectural expression.”

Of the 33 apartments proposed, 21 will be three-bedroom residences. The remaining mix includes nine two-bedroom apartments, one one-bedroom apartment and two four-bedroom residences. The development will be supported by 62 car parking spaces and 33 secure bicycle spaces.

The proposal would replace two single-storey brick buildings currently on the site.

<img alt="St Ives" data-entity-type="file" data-entity-uuid="21422eaf-09a9-4439-9278-b9bd9daf22a1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-04%20at%201.38.10%E2%80%AFPM.png?VersionId=v.fXSgcUcEscvOZzqcjG5nk3gVqk_Amt" />

St Ives remains a relatively untapped market for new apartment development. North Shore developer WINIM has a number of projects in the area, while INCA is nearing completion of Ellis Residences.

More recently, Traders In Purple has lodged plans for one of the denser projects proposed in the suburb, a 75-apartment development on a 5,900 sqm site on Cowan Road.

NewQuest, a construction, design and development firm, has delivered over 24 projects across commercial, residential, industrial, and lad markets.&nbsp;

&nbsp;

&nbsp;

First look: NewQuest Property proposes new St Ives apartment development

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?

Perth luxury apartment developer Blackburne has announced their first truly boutique high-end development for the South Perth waterfront.

Blackburne, who is known for recent award-winning developments such as The Grove Residences in Claremont and ONE Subiaco, will develop the luxury project at <a href="/new-apartments/44-mill-point-road-south-perth-wa-6151">44 Mill Point Road</a>.

The project will feature only 57 large-scale apartments, ranging from $2 million to $10 million. The development will have health club-level facilities, a bathhouse, private dining rooms, and a private residents’ lounge.

<img alt="Blackburne" data-entity-type="file" data-entity-uuid="23b666b5-2ee6-4a7b-966b-3d60ef92e224" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-05-26%20at%203.59.45%E2%80%AFPM.png?VersionId=s75d1n90heoDS9iiEN_GFsW_r5Hsz3fh" />

&nbsp;

Managing Director and Founder of Blackburne Paul Blackburne said it is their most exciting development to date.

“We’re proud to be bringing a project that responds to the unique character of South Perth while raising the bar for apartment living," Blackburne said.

"Perth has never seen a boutique project with mostly ultra-high-end residences, and we’re excited to bring something new to people wanting to live in South Perth.

“With larger floorplans than we have ever done before, ultra-premium finishes and a focus on privacy and views, this development is tailored for discerning owner occupiers who want to stay connected to the city while enjoying a relaxed, riverside lifestyle. This location is without a doubt the best in South Perth and will bring something new to the area. It’s our most exciting development yet,” he said.

<img alt="Blackburne" data-entity-type="file" data-entity-uuid="5117e8f8-9294-49ed-ac07-7e693c3081ba" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-05-26%20at%204.00.08%E2%80%AFPM.png?VersionId=LQoO6Ky_mBVH8wi7OFIMrDVb9bQNXLrr" />

When designing the South Perth development, local architects MJA Studio drew inspiration from the forms of the river, the local tonal palettes of the peninsula and the iconic local architecture such as the Flour Mill and the Narrows Bridge.

The DA is progressing through the new 11B Pathway and has undergone three comprehensive design review sessions with a state-appointed expert panel of architects.

Throughout the State design review process, the submission received recognition for design excellence for landscape quality, sustainability and aesthetics from the state design review panel. In line with the City of South Perth Activity Centre Plan (ACP), the project is within the height limit of 17 levels.

Managing Director and Founder of Blackburne Paul Blackburne said it is their most exciting development to date.



Blackburne files for "most exciting new apartment development yet" in South Perth

The next major milestone in the transformation of Melrose Park has arrived, with construction now officially underway at <a>Melrose Central</a>, the $700 million apartment and retail development from builder-developer <a href="/developers/deicorp">Deicorp</a>, in partnership with <a href="/developers/payce-consolidated-limited">PAYCE</a>.

Following a record-breaking sales launch earlier this year, activity has ramped up on site with work commencing on the first stage of the project, a key anchor in the broader <a href="/developments/melrose-park-nsw-2114">Melrose Park</a> North Urban Renewal Precinct.

<a href="/new-apartments/melrose-central-melrose-park-33-hope-street-melrose-park-nsw-2114">Melrose Central</a> will ultimately deliver around 500 apartments across six architecturally distinctive towers designed by <a href="/architects/turner-studio">TURNER Studio</a>, set above a vibrant five-level podium.&nbsp;

[smartcode_project:default project_id=134220 project_image_fid=289879]

The project also marks the debut of Melrose Park’s first major retail offering, a 30,000 sqm precinct anchored by Coles, and supported by dining, wellness, entertainment, and convenience retail.

With early site works commencing in February, construction of the podium and the first three towers is now well underway, with full completion of the initial stage expected by mid-2027.&nbsp;

The final three buildings will follow, further contributing to the evolution of the 55-hectare precinct, which will eventually deliver 6,000 new homes to Sydney’s rapidly growing west.

[smartcode_project:default project_id=134220 project_image_fid=289877]

Deicorp’s Melrose Central has captured the market’s attention since its launch. During the opening weekend alone, 40 apartments were snapped up.

Buyers have included first home buyers, local owner-occupiers, and investors, drawn by the combination of design, amenities, and long-term growth potential in a connected, masterplanned community.

[smartcode_project:default project_id=134220 project_image_fid=289885]

Apartments at Melrose Central are available in a mix of one-, two- and three-bedroom layouts and have been crafted with modern lifestyles in mind.&nbsp;

Interiors are shaped by TURNER Studio’s refined design language, with open-plan layouts, SMEG-integrated kitchens, and generous balconies or courtyards that take in views of parklands and water.

The architecture also responds to the broader precinct’s master plan, with four distinct quadrants differentiated by colour palettes, materials and façade treatments to reinforce identity and enhance place-making.

The development will be serviced by the Parramatta Light Rail Stage 2, with a stop located directly outside the retail precinct.&nbsp;

The newly approved light rail extension—set to include a bridge over the Parramatta River—will link Melrose Park to Sydney Olympic Park, Wentworth Point, and Parramatta, with future integration to the Sydney Metro West.

[smartcode_project_cta:default project_id=134220]

With early site works commencing in February, construction of the podium and the first three towers is now well underway, with full completion of the initial stage expected by mid-2027. 

Construction underway at Deicorp’s Melrose Central in Melrose Park

While Melbourne’s northern suburbs have seen measured, sustained growth in recent years, few pockets combine transport connectivity, green space, and everyday amenity quite as well as <a href="/developments/greensborough-vic-3088">Greensborough</a>.&nbsp;

Around 17 kilometres from the CBD, the suburb has long-held appeal for families and long-term residents drawn to its strong community infrastructure and established landscape.&nbsp;

Developer <a href="/developers/citinova">Citinova</a> recently delivered Albero apartments, aiming to combine three key lifestyle elements: modern apartment living, proximity to transport, and access to green open spaces.

[smartcode_project:default project_id=4722 project_image_fid=240437]

<a href="/buildings/albero-greensborough-4-poulter-avenue-greensborough">Albero</a> is positioned within walking distance of the Plenty River Trail and Poulter Reserve, placing natural amenity at the edge of daily life.&nbsp;

Kalparrin Gardens and Greensborough Park are also close by, offering access to expansive outdoor areas for both active recreation and quieter moments of reflection.

What distinguishes this location, however, is the balance it achieves between open space and service access. Greensborough Plaza, home to over 170 retailers, including major names like Woolworths, JB Hi-Fi, and Chemist Warehouse, is less than 500 metres away.&nbsp;

Adjacent Main Street offers a localised retail and dining experience, with cafés, restaurants, and community institutions woven into the suburb’s walkable core.

[smartcode_project:default project_id=4722 project_image_fid=240458]

Public transport remains a core strength of the location. The redeveloped Greensborough Station, completed in 2022, is within short walking distance, linking residents to the broader Metro network and reducing dependency on car travel.&nbsp;

For those commuting by road, direct access to Greensborough Road and the Metropolitan Ring Road ensures broader connectivity across Melbourne’s north and east.

From an infrastructure and growth perspective, the area continues to benefit from public and private sector investment. Greensborough falls within a designated high-priority growth precinct, with projected population growth over the next two to five years supporting demand for additional housing stock, particularly for low-maintenance, well-situated dwellings.

[smartcode_project:default project_id=4722 project_image_fid=240452]

The suburb is well-serviced by educational institutions across all levels, including Greensborough College, Montmorency Secondary College, Greensborough Primary, and a number of preschools. This proximity makes the area particularly appealing to downsizers or multi-generational households looking to remain within a familiar community network.

Healthcare access is similarly convenient, with multiple general practices, specialist clinics, and physiotherapy providers within the immediate vicinity. Larger medical services, including Austin Hospital in Heidelberg, are a short drive away.

Albero’s one-, two-, and three-bedroom apartments are ready for residents to move in.

[smartcode_project_cta:default project_id=4722]

Albero in Greensborough brings walkability and green access to the fore

The City of Sydney has committed more than $150m to a new public square opposite Sydney Town Hall, with construction to start in 2028.

Framed by George, Pitt and Park streets, the square is central to the City of Sydney’s long-term vision of a city centre with plenty of space for people and public life.

Lord Mayor of Sydney Clover Moore AO said plans for a square outside Town Hall have been underway for more than 40 years and will be one of the biggest projects ever initiated by the City of Sydney.

“Like other major cities around the world, we need large, lively, welcoming civic spaces for the growing number of people living in and visiting Sydney,” the Lord Mayor said, adding that the central, public square will&nbsp;be the heart of the city.

“For more than three decades, the City of Sydney has been progressively acquiring properties opposite Town Hall to create space for a future Town Hall Square, and we’re excited to be in a position to deliver this incredible community asset.

“With ample trees and seats, it will be a place to sit on a weekday lunch break, home to large-scale events and gatherings like festivals, markets, celebrations and protests, and a meeting spot as iconic as the Town Hall steps.

“The extra public space along George Street has transformed the city centre, and this square will take our work creating a city for people even further.”

As part of a revitalisation of the precinct, the area between St Andrew’s Cathedral and the Sydney Town Hall is set for an upgrade with new paving, furniture, and lighting to be installed in 2027. The scope for this project is also being considered by the Council this month.

The square at Town Hall is one of three that the City of Sydney envisions as part of a transformation of Sydney. Linked by the newly pedestrianised George Street, it includes squares at Circular Quay and Central Station.

With the proposal approved by the Council on Monday, 12 May, the design for the square will be developed over the next year. The community will have the opportunity to provide feedback on a draft concept in 2026.

$150m plan to reshape Sydney's Town Hall into new public square to go ahead

Apartment living and Melbourne's Abbotsford come hand-in-hand, with well over half of those who live in Abbotsford calling an apartment home.&nbsp;

Despite the appetite for apartment living, there have been very few new apartment developments hit the suburb in the last decade.

Recognising this gap, <a href="/developers/sq-property">SQ Property</a> has launched Lulie, the first major apartment project in Abbotsford since the release of New Johnston in April 2024. Prior to that, it had been over four years since any new residential development entered the local market.

Located just 30 metres from Victoria Park Station, at the corner of Lulie and Johnston Streets, will comprise 60 one-, two-, and three-bedroom apartments.

[smartcode_project:default project_id=149640 project_image_fid=145]

The residences will be spread across two distinctive buildings, designed by Metaxas Architecture. The Johnston Street-facing building will rise five levels behind a classic red brick façade, echoing Abbotsford’s industrial heritage. Behind it, a taller seven-level building with a striking copper-clad and glass façade adds a modern contrast to the streetscape.

Inside, homes have been crafted with an emphasis on natural light, generous proportions, and timeless finishes. Floor-to-ceiling windows maximise northerly views over parkland, while interiors—curated by Air Design Studio—showcase warm materials, natural stone surfaces, and a soft tonal palette that connects with the outdoor environment.

[smartcode_project:default project_id=149640 project_image_fid=146]

Resident amenities have also been carefully considered. A co-working communal area caters to the continued rise of hybrid work lifestyles—an increasingly sought-after inclusion in new developments.

Sustainability and long-term environmental performance are core to Lulie’s design. The development includes secure car parking with provisions for electric vehicle charging, ensuring future-ready infrastructure from the outset.

[smartcode_project:default project_id=149640 project_image_fid=150]

Situated within the Lower Johnston Street District, Lulie is surrounded by Abbotsford’s vibrant blend of industrial character and creative culture. The project is also just moments from the Yarra Trail, the Abbotsford Convent arts precinct, and the soon-to-be-upgraded Victoria Park Station, offering outstanding lifestyle and connectivity.

Realco agent Chris Koullapas is marketing Lulie.

Construction is already underway, with completion slated for 2026. Apartments at Lulie are priced from a competitive $600,000.

[smartcode_project_cta:default project_id=149640]

Lulie brings new apartments to the edge of Victoria Park in Abbotsford

The Gold Coast has recorded the strongest unit price growth in the country over the past five years.

According to the latest data from Cotality, the median unit value on the Gold Coast is now just under $850,000. If compared to capital city median prices, it would rank second only to Sydney, where the median sits at $855,000.

However, the style of new apartment developments is pushing many buyers out of the market, with few projects offering homes under the $1 million mark. When they do, these more affordable options are typically the first to sell.

For buyers with budgets below $1 million, acting quickly is essential.

We’ve rounded up the best new apartment developments on the Gold Coast that still offer apartments priced under $1 million.

<h2>What: Harbour Shores</h2>

<h3>Where: Biggera Waters</h3>

<h3>Who: Lewis Land</h3>

Palm House, the latest release at Lewis Land's multi-stage masterplan <a href="/new-apartments/harbour-shores-biggera-waters-564-oxley-drive-biggera-waters">Harbour Shores</a>, has apartments on offer from $990,000.

Palm House builds on the momentum of the first stage of the&nbsp;<a href="/developments/biggera-waters-qld-4216" target="">Biggera Waters</a>&nbsp;community, which is already under construction and over 50 per cent sold.

[smartcode_project:default project_id=113271 project_image_fid=336743]

Palm House introduces an exclusive collection of just 60 two and three-bedroom apartments across a seven-level building. The homes will feature open-plan interiors, expansive balconies, and contemporary finishes.

Residents of the new release will enjoy full access to&nbsp;Harbour Shores’ unmatched suite of resort-style amenities. The community will boast a 25-metre lagoon pool, a state-of-the-art gym, yoga studio, sauna, tennis courts, and an expansive 1.2km waterfront boardwalk.&nbsp;

[smartcode_project:default project_id=113271 project_image_fid=290031]

For families and outdoor enthusiasts, The Green parklands and a network of walking and cycling paths provide abundant green space to relax and play.

The Clubhouse, a social hub with indoor-outdoor entertaining spaces, will anchor community life, while on-site cafés and eateries, as well as proximity to Harbour Town Premium Outlets, ensure day-to-day convenience.

<h2>What: Villea Palm Beach</h2>

<h3>Where: Palm Beach</h3>

<h3>Who: Abadeen</h3>

National developer <a href="/developers/abadeen-group">Abadeen</a>'s debut Gold Coast apartment development, <a href="/new-apartments/villea-palm-beach-26-mawarra-street-palm-beach-qld-4221">Villea</a>, comes in with generously-sized two-bedroom apartments under $1 million.

The Palm Beach project, just 400 metres from the sand, is well under construction and will see its buyers move in well before Christmas. It features 69 two and three-bedroom apartments designed for owner-occupiers and downsizers.

[smartcode_project:default project_id=106840 project_image_fid=336441]

Designed by&nbsp;<a href="/architects/bda-architecture" target="">BDA</a>&nbsp;Architecture, the eight-level building will maximize natural light in each apartment. The apartments will feature kitchens with premium stone benchtops, central islands, and integrated Fisher &amp; Paykel appliances.

Additionally, each apartment will have balconies off the kitchen, living, and dining areas, offering either ocean or hinterland views.

[smartcode_project:default project_id=106840 project_image_fid=336442]

Villea will also feature a resort-style pool, gym, barbecue area, and a convenient boutique retail strip at street level.

<h2>What: Corallo</h2>

<h3>Where: Palm Beach</h3>

<h3>Who: Changfa</h3>

Another Sydney-based developer, Changfa, is offering apartments under $1 million in Palm Beach.

Changfa, who has previously developed Lyra on Hope Island among several projects in Sydney's inner ring, has recently launched&nbsp;<a href="/new-apartments/corallo-palm-beach-5-palm-beach-avenue-qld-4221">Corallo</a>, where one-bedroom apartments start from $715,000.

Corallo, on the corner of Palm Beach Avenue and the Gold Coast Highway, has been designed by Plus Architecture and will comprise around 113 one, two and three-bedroom apartments across a 21-level building.

<img alt="Corallo" data-entity-type="file" data-entity-uuid="f8173b9d-1c8d-4b27-9d75-f5b377487de6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-05-26%20at%201.28.28%E2%80%AFPM.png?VersionId=967vcmMqsBbjuVU7DDB8wDr_VXi2n2cd" />

The second level of the building will feature a swimming&nbsp;pool, cold plunge, steam room, sauna, gym, yoga space, fire pit, and barbecue and dining areas.

There will be a retail and dining precinct and street level.

<h2>What: Tapestry</h2>

<h3>Where: 39 Darrambal Street, Chevron Island QLD 4217</h3>

<h3>Who: SIERA</h3>

The remaining apartments at&nbsp;<a href="/new-apartments/tapestry-chevron-island-39-darrambal-street-chevron-island">Tapestry</a>&nbsp;on Chevron Island start at just $9,000 over the $1 million threshold, so they just sneak into this list.

The 113 apartments, currently under construction by SIERA's in-house construction arm, have been designed by BDA for the owner-occupier looking for&nbsp;proximity to cultural and lifestyle amenities, such as the HOTA precinct, local cafes, and the Gold Coast beachfront.

[smartcode_project:default project_id=108641 project_image_fid=192961]

The residences feature floor-to-ceiling glazing, open-plan interiors, and premium finishes including European appliances and timber flooring. Outdoor areas are shaped by curved balconies designed to make the most of surrounding views.

The amenity is geared toward the rooftop, where there will be a pool, gym, sauna, coworking space, and communal gardens.

We’ve rounded up the best new apartment developments on the Gold Coast that still offer apartments priced under $1 million

What $1 million can buy you in the Gold Coast's new and off the plan apartment market

Over half of the apartments in SP Setia's Atlas skyscraper have been snapped up before the project launch.

The new tower, at the northern end of La Trobe Street, has been designed by Cox Architecture and Fender Katsalidis and is Setia's&nbsp;fourth project in the CBD, following the success of Sapphire by the Gardens, UNO Melbourne, and Fulton Lane.

The heritage-listed wall of the former Royal Mint forms the backdrop to the contemporary porte-cochere, forming a striking contrast to the 72-level tower.&nbsp;

Atlas will feature&nbsp;852 apartments, from studios through to three-bedroom residences, starting at $410,000.

<img alt="Atlas Melbourne" data-entity-type="file" data-entity-uuid="f4c50513-ae45-4149-8ca6-0e94dec0e373" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/240925_Level%2072_Library.jpg?VersionId=LCAlVvC3OQ0j6fzz4NzrS998OXBSfCqW" />

Tim Storey, Managing Director, Victoria | Residential at Colliers, said Atlas is a very rare proposition.

“Atlas is the last building in this pocket of the city to be granted a permit for this volume of units, as the permit was obtained back in 2017. Since then, new height restrictions have come into effect, and no other super-skyscrapers of this size will be built in the CBD.”&nbsp;

He says the reason they have been able to sell more than half of the apartments in a short amount of time is that the development ticks all the boxes.

"Not only is the location right, the amenities are right, the design is right, but most importantly, the product is right.&nbsp;The development also caters to a wide range of buyer profiles. We haven’t seen many studio &nbsp;apartments in recent new developments, but as a way to address affordability and the growing &nbsp;demand for city living, the development will house 189 studio apartments, which are already sold out, and we now have a waiting list.”&nbsp;

The tower is divided into three bespoke residential offerings: Garden Residences on levels 1-7, &nbsp;Horizon Residences across levels 9-49, and Sky Crown Residences on levels 50-70.

<img alt="Atlas Melbourne" data-entity-type="file" data-entity-uuid="0e937e56-e4b7-400f-b950-886752d79883" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/240917_Pool%20view%20level%208_0.jpg?VersionId=uMoDCs2t1JvMXwVtxiYZB.8V8.0gEZEc" />

Philip Rowe, Director at Cox Architecture, said throughout the building, there are strong connections to nature and greenery.

“It’s a vertical village that includes the Sky Club on levels 71 and 72, and the Horizon Collective on levels 42, which features a music room, cinema, &nbsp;game area, karaoke lounge, terrace, and more. Level 8 is dedicated to a Wellness Club, offering a gymnasium, spa, sauna, pool, and open green space."

&nbsp;

Construction is set to commence in Q3 2025, with completion expected to take place in mid-2029.

[smartcode_project_cta:default project_id=148772]

Construction of Atlas is set to commence in Q3 2025, with completion expected to take place in mid-2029.

Half of apartments snapped up in Setia's Atlas Melbourne skyscraper

Sherpa Property Group is continuing to service an untapped market of affordability in Palm Beach with its new Flourish brand.

Following the success of Flourish on Sixth, its first price-pointed development that offered one-bedroom apartments for under $600,000, a rarity in the current market, the burgeoning developer has confirmed its next Flourish play.

They've secured a 1,800 sqm site on the corner of 1150-1154 Gold Coast Highway and 3 Sixth Avenue, the old Palm Beach Cash Converters, which is across the road from Flourish on Sixth.

The new development, <a href="/new-apartments/flourish-ovana-1150-1154-gold-coast-highway-palm-beach-qld-4221">Flourish Ovana</a>, will offer 102 one-, two-, and three-bedroom apartments.

<img alt="Flourish" data-entity-type="file" data-entity-uuid="36fc64a3-bfe7-4dc0-a023-e61bdffd7b26" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-05-23%20at%2011.16.20%E2%80%AFAM.png?VersionId=EO.BS6av91ptjk.7YZmenHPgLNzl9RsY" />

Sherpa Property Group Founder Christie Leet said the recent lodgment of the new Flourish site signals the next chapter for the developer’s ongoing vision to create accessible, community-focused residential apartments on the southern Gold Coast.

“Following the success of Flourish on Sixth, we are extremely excited to unveil plans for another site in Palm Beach that continues the Flourish legacy," Leet said.

"We are particularly proud of the product typologies and unit mix which, amongst others, allow first-home buyers to get a foothold in the market."

Leet says Sherpa's focus is on&nbsp;building connected communities and delivering exceptional living experiences.

"This new project gives us the opportunity to extend our vision, ensuring Flourish Ovana integrates seamlessly with Flourish on Sixth. Our vision for Flourish Ovana is to cater to a broad market – from first-home buyers and local rightsizers to savvy investors – without compromising on quality or livability.

“Palm Beach is a vibrant and rapidly evolving coastal hub, and we’re proud to be playing a role in delivering high-quality housing at an ideal entry price point.&nbsp;Our commitment is to address housing affordability while promoting long-term well-being through supportive, integrated communities.”

Residents will have access to resort-style amenities, including a rooftop pool, wellness spa, gymnasium, and recreation areas, as well as a large retail space available to the Palm Beach community on the ground level.

“The ground floor retail offering will be a game-changer for Palm Beach, bringing everyday convenience to the heart of the community whilst delivering streetscape renewal and activation," Leet added.

<img alt="Sherpa" data-entity-type="file" data-entity-uuid="76f438f1-45b1-48ca-918a-e833a4630aeb" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-05-23%20at%2011.16.15%E2%80%AFAM_0.png?VersionId=SfV1qX7MJfhF2TO5CqaKa1ZNB6TEu8Pc" />

This latest project represents a significant step in Sherpa’s growth strategy, further strengthening the company’s footprint in Palm Beach, where it has successfully delivered three projects over the past three years with two more under construction, including the highly anticipated Flourish on Sixth and Perspective Nexus.

With a current workbook valued at over $1 billion, Sherpa Property Group is cementing its status as a significant player in the South East Queensland development landscape, with a growing portfolio of residential and mixed-use projects across the Gold Coast and beyond.

Sherpa aims to launch Flourish Ovana later this year, pending council approval.

Sherpa aims to launch Flourish Ovana later this year, pending council approval

Sherpa expands Palm Beach footprint with Flourish Ovana plans

Leading Australian developer <a href="/developers/toga-group">TOGA</a> has brought Harris Farm to their award-nominated mixed-use development, <a href="/buildings/wicks-place-marrickville-186-victoria-road-marrickville-nsw-2204">Wicks Place</a>, in the heart of Sydney’s Inner West.

Bringing the fresh fruit and grocery retailer’s signature market-style deli to Marrickville, the opening was celebrated through a custom mural by Sydney-based artist Nico Nicoson, whose vibrant work previously featured in Harris Farm’s Redfern store in TOGA’s Surry Hills Village development. The mural captures the soul of Marrickville through colour, community and creativity – highlighting the unique identity of the area.&nbsp;

[smartcode_project:default project_id=27691 project_image_fid=328315]

This is the third Harris Farm to feature at a TOGA development, alongside TOGA’s iconic Surry Hills Village and Bondi Boheme. The newly opened retailer is the primary tenant of Wicks Place, bringing its iconic range of fresh fruit and vegetables, deli products from around the world, and the much-loved Imperfect Picks range, which saves quirky but delicious produce from waste to the Marrickville community.

Stretching across 1,825 sqm, the store is nestled between hospitality retailers Chargrill Charlies and Zambero, on the ground floor of TOGA’s Wicks Place.

[smartcode_project:default project_id=27691 project_image_fid=328319]

Being a finalist for The Urban Developer award for Development of the Year – High-Density Residential (200+) 2025, TOGA’s Wicks Place is the first residential development in the transformation of Marrickville’s Victoria Road Precinct, delivering 270 apartments across five buildings, with ground floor retail that overlooks Wicks Park.&nbsp;

With only five two-bedroom apartments left, buyer sentiment has been overwhelmingly positive. As the precinct continues to come to life with the opening of Harris Farm, this is the last chance to buy into what Time Out has identified as one of the top 10 coolest suburbs in the world.

[smartcode_project:default project_id=27691 project_image_fid=308947]

Paul Shaw, Executive General Manager at TOGA Group said, residents and locals alike are responding well to the new store.

“Wicks Place has been forged from the eclectic community of Marrickville, and to see the positive response from residents and locals alike to the opening of our key tenant, Harris Farm is fantastic," Shaw said.

"The new supermarket adds to the expansive offerings seen at the precinct and the area, from sprawling parks, warehouse-style bars, and boutique retail alongside bustling restaurants and exciting live music - residents are loving the new addition with demand high for the last remaining apartments.”

[smartcode_project_cta:default project_id=27691]

Stretching across 1,825 sqm, the store is nestled between hospitality retailers Chargrill Charlies and Zambero, on the ground floor of TOGA’s Wicks Place

TOGA’s Wicks Place brings Harris Farm to Marrickville

National developer Frasers Property Australia understands the importance of creating places that go beyond housing.

After more than a century of delivering spaces for Australians to live, Frasers Property has mastered the art of building community. Not only are they a key contributor to Australia’s housing supply, but their community-first approach sets them apart. They invest just as much thought into how people will live within the communities they develop as they do in designing the homes themselves.

When they secured a 26-hectare former industrial site in Yarraville, their approach was no different. The vision: a new neighbourhood called Bradmill Yarraville, which will eventually comprise around 1,500 new homes, pending future approvals.

The first stage of Bradmill Yarraville—44 all-electric townhouses designed by renowned architecture firm Rothelowman—is fast approaching completion, with buyers expected to move in before Christmas 2025.

[smartcode_project:default project_id=134727 project_image_fid=311186]

A key pillar of Frasers Property's strategy is a strong focus on lifestyle and amenity. Rather than treating facilities as an afterthought or cost-cutting casualty, they were central to the design process from the outset. With a future population of over 3,000 residents, they knew the amenity offering needed to be both generous and meaningful.

[smartcode_project:default project_id=134727 project_image_fid=311286]

At the heart of the masterplan is Bradmill Quarter, the central hub of the neighbourhood that will seamlessly blend retail, wellness, and community spaces in a walkable, well-connected setting. The Bradmill Quarter Retail Precinct will feature a major supermarket, a childcare centre, a medical centre, and a curated mix of 15 specialty stores.

Complementing the retail is an alfresco dining zone that flows into The Arbory—a landscaped urban plaza designed for play, relaxation, and social connection. This central gathering space is a key expression of the development’s mission to foster authentic community interaction.

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Also anchoring the precinct is Bradmill Social, a flagship lifestyle and wellness destination housed within the site’s historic industrial buildings. Bradmill Social consists of two distinct components: The Proofing Building and the adjacent Boiler House.

The Proofing Building is being transformed into a full-scale wellness centre, complete with a fully equipped gym, pool, sauna, spa, yoga and Pilates studios, barbecue areas, and a basketball half-court.

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Next door, The Boiler House—a local landmark visible from the West Gate Freeway—is being reimagined as a dynamic lifestyle venue. It will feature a cinema, media rooms, co-working spaces, children’s play areas, private dining and lounge rooms, bookable family event spaces, a community garden, and even dog-washing stations—truly making it a one-stop hub for all aspects of community life.

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Crowning The Boiler House will be the Lantern Lounge, a rooftop entertainment space for both dining and cocktail events with extensive views of the city skyline and over Port Phillip Bay.

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In addition to housing and amenity, Frasers Property understands the vital role of nature and landscaping—not only for future residents but also as part of the company’s broader sustainability objectives.

A green corridor of open space will thread through the precinct, connecting to McIvor Reserve and forming part of a larger 26-hectare parkland network. This abundance of green space will enhance the overall quality of life, offering residents places to unwind, exercise, and engage with nature.

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The amenity offerings across the precinct will be delivered in stages over the next six years, with the Bradmill Quarter Retail Precinct currently scheduled to open in 2029.

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The amenity offerings across the precinct will be delivered in stages over the next six years, with the Bradmill Quarter Retail Precinct currently scheduled to open in 2029

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