The Gold Coast economy has grown by 25 per cent since 2020/21 to surpass $55 billion, but perhaps the more significant story is what sits behind the headline number.

For decades, the Gold Coast has been viewed through the lens of tourism, lifestyle and population growth. The latest State of the City Report suggests that perception is increasingly out of step with reality.

Released by Invest Gold Coast, the report ranks the Gold Coast as Australia's largest non-capital city economy and, perhaps more notably, second nationally behind Sydney for Economic Complexity, a measure that assesses the diversity and sophistication of an economy.

It's a result that places the Gold Coast ahead of Melbourne, Brisbane, Perth and Adelaide, highlighting the extent to which the city's economic base has broadened beyond its traditional industries.

Today, the Gold Coast supports more than 350,000 jobs, is home to over 83,000 businesses and generates $19 billion in annual exports. Manufacturing now accounts for 62 per cent of international export growth, while sectors including health, education, advanced manufacturing, technology and professional services are becoming increasingly important contributors to the local economy.

[smartcode_project:default project_id=150017 project_image_fid=372547]

Gold Coast Mayor Tom Tate said the report confirmed the city's evolution into one of Australia's most significant economies.

"The Gold Coast economy continues to grow at an incredible pace. This is no surprise to those of us who have watched the evolution up close," Mayor Tate said.

"As one of the most entrepreneurial, investment driven and opportunity focused economies in the country our ambition has been realised and possibilities are endless.

"The Gold Coast has built a reputation as the city that says yes. We say yes to investment, yes to opportunity and yes to people who want to build something.

"It's this mindset helping us drive major growth across health, advanced manufacturing, screen production, marine, technology and the knowledge economy."

[smartcode_project:default project_id=149670 project_image_fid=360975]

While population growth has been one of the defining stories of the past decade, the report points to a broader economic transformation taking place.

The city's knowledge economy now contributes $7.9 billion annually and supports around 31,000 jobs, while the health and wellbeing sector contributes $5.2 billion and employs more than 42,000 people. Together, the six priority sectors identified in the report account for almost $24 billion in economic output and more than 145,000 jobs.

One of the strongest examples is the Gold Coast Health and Knowledge Precinct at Southport. The 200-hectare precinct now contains more than $5 billion worth of health, education, research and innovation infrastructure and supports over 16,000 jobs.

The report also highlights the growing role of advanced manufacturing, particularly in aerospace, defence and modular construction.

Gold Coast-based Gilmour Space Technologies recently became the first Australian commercial company to attempt an orbital launch, while companies including Modscape and ModnPods are helping establish the Yatala-Stapylton corridor as one of Australia's fastest-growing advanced manufacturing hubs.

The city's entrepreneurial culture is also translating into business growth.

Since 2019/20, the number of businesses operating on the Gold Coast has increased by 22 per cent, while firms employing more than 200 people have grown by 80 per cent. The report suggests the next challenge is converting more local start-ups and medium-sized businesses into nationally significant companies.

Development activity remains another key indicator of confidence.

There are currently more than $23 billion worth of major projects underway across the Gold Coast, supported by a record 75 active cranes, a figure that now exceeds Brisbane and represents a 150 per cent increase since 2016.

[smartcode_project:default project_id=112024 project_image_fid=343235]

Importantly, the report notes the next phase of investment will need to extend beyond residential development.

While 93 per cent of crane activity is currently tied to housing, Invest Gold Coast argues future investment will increasingly need to focus on cultural, civic, infrastructure and industry-enabling projects that strengthen the city's long-term economic resilience.

Invest Gold Coast Chair Will Hodgman said the city was now benefiting from years of economic diversification.

"What is happening on the Gold Coast is the result of the city's economic base broadening, fuelled by industries with long-term, high-growth potential," Mr Hodgman said.

"This is no longer a secondary Australian economy, the Gold Coast is becoming a globally connected city with deeper capability across health, knowledge and creative industries, advanced manufacturing, technology and exports."

[smartcode_project:default project_id=108274 project_image_fid=365786]

Looking ahead, the Gold Coast's population is projected to exceed one million residents by 2046.

For a city that was once largely defined by tourism and lifestyle, the latest figures suggest the Gold Coast is becoming something more significant, one of Australia's most diverse and economically sophisticated urban economies, and increasingly one that national and international investors can no longer afford to overlook.

Joel Robinson

75 cranes, $23 billion pipeline and a $55 billion economy: Inside the Gold Coast economic boom

Ron Bakir's Homecorp has sold more than 75 per cent of the apartments in its wellness-driven Florence Residences in Surfers Paradise following its first weekend release.

The <a href="https://www.apartments.com.au/new-apartments/florence-residences-24-monte-carlo-avenue-surfers-paradise-qld-4217">26-storey project on Monte Carlo Avenue</a>, which commenced construction earlier this year, has seen a flurry of buyers secure their slice of the Gold Coast's latest wellbeing-focused offering in one of the nation's most competitive property markets.

Since the pandemic, the Gold Coast's population has grown by more than 11 per cent, a rate approximately four times faster than Sydney's, driven largely by lifestyle changes and interstate migration. While buyer activity has moderated in some markets nationally, demand for newly built dwellings on the Gold Coast continues to gain momentum as purchasers increasingly prioritise lifestyle, amenity, wellbeing, liveability and long-term investment potential.

&nbsp;

[smartcode_project:default project_id=150414 project_image_fid=372743]

Homecorp CEO Ron Bakir says buyers today are looking for more than just a home.

"What we are seeing is a shift in how people define value in property," Bakir says.

"What attracts residents to new developments is a desire for more than just a residence. They are looking for a place that complements their lifestyle, supports their wellbeing and reflects the way they want to live into the future.

"Lifestyle, longevity, proactive health, wellbeing, connection and a sense of community are increasingly shaping purchasing decisions, particularly on the Gold Coast, where these factors continue to be a major drawcard."

[smartcode_project:default project_id=150414 project_image_fid=372744]

Bakir says Homecorp is responding to this shift through an approach that places greater emphasis on design, amenity and experience working together to create places that feel considered, connected and enduring in value.

Inspired by Eastern European design, Florence Residences will comprise 120 apartments alongside a private residents-only wellness club featuring a resort-style rooftop pool, hot and cold plunge pools, a spa retreat, contemporary gymnasium, and a spacious yoga and Pilates studio.

The development will also feature a residents-only lounge with private dining facilities and a rooftop bar, premium outdoor entertaining areas, a hotel-style lobby lounge, generous bike parking, and pet-friendly amenities including a heated dog wash.

[smartcode_project:default project_id=150414 project_image_fid=372742]

A limited number of apartments remain available, with an exclusive collection of four-bedroom sub-penthouses set to be released in the coming months.

Florence is one of the latest additions to Homecorp's expanding multi-billion-dollar property portfolio, which also includes plans for a <a href="https://www.apartments.com.au/news/qld/homecorp-lodges-plans-for-260-million-moroccan-bathhouse-inspired-tower-in-budds-beach">$260 million development in Budds Beach</a> tailored to the growing wellness market.

A development application has been lodged for a 27-storey, 156-residence tower at 8–10 Acacia Avenue and 25–27 Oak Avenue, featuring a residents-only Moroccan spa-inspired sanctuary.

Apartments at Florence Residences are priced from $1,249,000, with construction expected to be completed by late 2027.

[smartcode_project_cta:default project_id=150414]

Buyers rush to Homecorp's Florence Residences as Gold Coast wellness trend gains momentum

The NSW Government has expanded its $1 billion Pre-sale Finance Guarantee program, broadening access for affordable housing providers and smaller residential developments as it seeks to accelerate housing delivery across the state.

The Minns Government says the program has already helped bring forward more than 600 homes across Sydney and regional NSW since launching in September 2025, with similar models now adopted in South Australia and Western Australia.

The latest changes, announced by Treasurer Daniel Mookhey and Minister for Planning and Public Spaces Paul Scully, are designed to improve access to finance for projects that have planning approval but are struggling to secure funding.

Among the key changes is an expansion of support for community housing providers. The program will now support up to 100 per cent affordable housing projects valued at up to $30 million when delivered by not-for-profit providers, while support for larger affordable housing developments will increase for projects worth up to $80 million.

The government says the changes will help accelerate the delivery of housing for low-income workers, older people, people living with disability, and those at risk of homelessness, while reducing reliance on direct grants or subsidised loans to bridge funding gaps.

The eligibility criteria for smaller residential developments have also been broadened. The previous $5 million minimum project value threshold has been removed and replaced with a requirement that projects deliver at least four homes.

Support has also increased for projects delivering fewer than 20 homes, with the guarantee now able to cover up to 75 per cent of dwellings in a development, capped at $30 million per project.

The changes are expected to particularly benefit smaller-scale and regional developments, which often face greater challenges meeting pre-sale requirements imposed by lenders.

Treasurer Daniel Mookhey said the scheme demonstrates how government can use its balance sheet to stimulate housing supply without relying solely on taxpayer-funded grants.

"The Pre-sale Finance Guarantee shows how this Government is using its balance sheet to reduce risk and unlock private investment, enabling new homes to move from design to construction faster," Mookhey said.

"This landmark reform allows us to deliver homes for working families at a lower cost to taxpayers, while also maintaining strong financial discipline."

Planning Minister Paul Scully said the program had already proven effective in bringing stalled projects to market.

"The Pre-sale Finance Guarantee has already proven it can unlock stalled projects and accelerate housing delivery by giving lenders the confidence they need to back good developments," Scully said.

"These changes will allow more affordable housing and smaller developments to access support so more homes can be built faster where communities need them most."

Housing Minister Rose Jackson said the expansion would help community housing providers overcome financing barriers that often delay projects.

"We know community housing providers are ready to build more homes, too often they're held back by barriers to finance," Jackson said.

"Expanding the Pre-sale Finance Guarantee helps remove those barriers so more affordable homes can get off the ground sooner."

The announcement was welcomed by the Property Council of Australia, which has long advocated for measures aimed at improving project feasibility and access to finance.

Property Council NSW Executive Director Katie Stevenson described the expansion as a practical intervention that addresses one of the most immediate constraints on housing delivery.

"This is exactly the kind of practical intervention we need right now, focused on getting projects out of the ground, not just approved," Stevenson said.

"It builds on a model the Property Council has worked closely with government to develop following calls for such a scheme ahead of last year's NSW Budget, so it's great to see it being expanded."

Stevenson said the reforms would help unlock projects that are ready to proceed but have been delayed by financing challenges. However, she noted that broader feasibility issues remain a significant barrier to increasing housing supply.

"The biggest challenge in NSW housing today is delivery. Too many projects have planning approval but are simply not financially viable to proceed under current settings," she said.

Speaking at the Property Council's NSW Housing Summit, Housing Minister Rose Jackson acknowledged that feasibility and financing pressures continue to constrain housing delivery, while reaffirming the government's commitment to work with industry on solutions.

Stevenson said the government's recognition of those challenges was encouraging ahead of next week's state budget.

"It's positive to see the government clearly recognising that feasibility pressures are now a binding constraint on supply," she said.

"With the Budget just days away, the focus must be on backing delivery, making sure projects stack up, finance can flow, and more homes can move from approval to construction."

The expanded Pre-sale Finance Guarantee forms part of the NSW Government's broader housing agenda, which also includes planning reforms, the NSW Housing Pattern Book, and a series of rezonings intended to increase housing capacity across the state.

NSW expands Pre-sale Finance Guarantee to unlock more affordable and regional housing

Design-led developer-builder Lowe Living has unveiled its latest residential development, Jardin House, marking its first foray into Melbourne's blue-chip City of Boroondara.

Located a short walk from Camberwell Junction, <a href="https://www.apartments.com.au/new-apartments/jardin-house-by-lowe-living-camberwell-335-camberwell-road-camberwell-vic-3124">Jardin House</a> has been designed to appeal to affluent local downsizers and established families seeking a low-maintenance alternative to the large homes that have long defined Camberwell and surrounding suburbs.

The project will comprise a collection of two and three-bedroom apartments ranging from 92 sqm to 280 sqm, alongside a limited number of penthouse residences featuring rooftop terraces spanning more than 100 sqm, with optional private pools.

&nbsp;

[smartcode_project:default project_id=146717 project_image_fid=372212]

Lowe Living Co-Founder and Managing Director Tim Lowe said Camberwell represented a natural next step for the developer as it expands into some of Melbourne's most tightly held residential markets.

"Jardin House is an important project for our team as it marks the next evolution of our portfolio into different well-established blue-chip pockets of Melbourne," Lowe said.

"Camberwell, with its incredible walkability, family-led neighbourhood feel and superb access to education and transport, makes it a natural choice for us."

[smartcode_project:default project_id=146717 project_image_fid=372227]

Designed by Tristan Wong Architects, with interiors by Hecker Guthrie and landscaping by Acre, the development takes inspiration from the Art Deco architecture that remains a defining feature of many of Camberwell's established streets.

A curved facade, arched openings, textured brickwork and sculpted forms reference the suburb's architectural heritage, while extensive landscaping softens the building's presence and creates a strong connection to the surrounding tree-lined streetscape.

The project will be set behind a secure gated entrance, with residents arriving through landscaped gardens designed to create a transition between the public realm and private residences.

Inside, the residences feature natural stone and timber finishes, full-height glazing, Miele appliances and generous open-plan living areas designed for long-term owner occupation.

[smartcode_project:default project_id=146717 project_image_fid=372225]

While the apartments themselves have been designed to attract discerning owner-occupiers, it is the amenity offering that sets Jardin House apart from many other boutique projects currently launching across Melbourne.

The centrepiece is a 350 sqm private bathhouse curated in partnership with Aurora Spa &amp; Bathhouse founder Lyndall Mitchell.

The wellness precinct includes mineral pools, hydrotherapy experiences, a Himalayan salt room, sauna, steam room, cold plunge pools and dedicated relaxation spaces, creating what Lowe Living describes as a private wellness retreat exclusively for residents.

[smartcode_project:default project_id=146717 project_image_fid=372222]

The collaboration follows Lowe Living's recent partnership with Aurora at Maison Savoy in Brighton, although Jardin House is the first project to incorporate both indoor and outdoor wellness experiences.

Emma Lowe, Co-Founder and Managing Director of Lowe Living, said wellness was becoming an increasingly important consideration for apartment buyers.

"Collaborating with Lyndall Mitchell from Aurora Spa &amp; Bathhouse for a second time is an intentional nod to creating residences that are more than just homes, but a way to enrich the lives of our residents through wellness and longevity," Lowe said.

The amenity offering is complemented by a Technogym fitness studio, residents' lounge, private dining spaces and concierge services.

The launch comes as developers increasingly target Melbourne's established eastern suburbs, where rising land values, ageing housing stock and growing downsizer demand are creating opportunities for boutique apartment projects.

Lowe said the company expects significant generational wealth transfer across suburbs such as Camberwell in coming years, creating further demand for luxury apartment living.

"Camberwell is a blue-chip suburb where homes regularly transact for multiple millions of dollars," he said.

"The generational change of wealth in these locations expected in the coming years is significant, so we see an opportunity to create exclusive residences that appeal to older families and downsizers in order to meet this demand."

Apartments at Jardin house start from $1,195,000. The project forms part of Lowe Living's near-$1 billion portfolio of new developments across Melbourne.

[smartcode_project_cta:default project_id=146717]

Lowe Living launches Jardin House in Camberwell

As <a href="https://www.apartments.com.au/developments/north-sydney-nsw-2060">North Sydney</a> continues its transition from a commercial centre into a more layered residential and lifestyle precinct, a new generation of apartment developments is reshaping expectations around scale, amenity, and long-term liveability.

Improved transport connections through the Victoria Cross Metro, continued investment in dining and public spaces, and a constrained supply of new luxury apartments have sharpened demand for homes that combine proximity to the CBD with the privacy and outlook traditionally associated with harbourside houses.

At 177 Walker Street, <a href="https://www.apartments.com.au/developers/aland">ALAND</a>’s new apartment development <a href="https://www.apartments.com.au/new-apartments/the-walden-north-sydney-177-walker-street-north-sydney-nsw-2060">The Walden</a> enters the market with a distinctly residential approach to high-rise living. The 30-level tower will deliver 161 residences, ranging from one-bedroom apartments through to sub-penthouses and a full-floor penthouse, all oriented to capture uninterrupted views across Sydney Harbour, the Opera House, and out toward the Pacific Ocean.

[smartcode_project:default project_id=134323 project_image_fid=6395]

Designed by <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a>, the project takes advantage of the site’s natural topography and elevated position above the harbour. Rather than relying on density alone, the architecture focuses on outlook, orientation, and spatial flow, with every apartment occupying a corner position to maximise natural light and cross ventilation.

Rothelowman says the site itself shaped much of the architectural response.

“The site has a long history in terms of its inevitable transformation and when we came in, we took inspiration from the idea of reestablishing a sense of the site’s natural terrain and fall. Our scheme aims to integrate with the terrain and the landscape, using the undulating site to slowly reveal glimpses and views of the harbour. The rotation of the tower off grid means every apartment has a view and is naturally cross ventilated. The building's colour palette is quintessentially Sydney, with bronze and sandstone and a luminescent green colour in the glass, making it very earthy and grounded in its location.”

[smartcode_project:default project_id=134323 project_image_fid=6399]

Inside the residences, the emphasis moves toward larger-format living typically associated with standalone homes. Kitchens sit at the centre of the apartments, connecting directly to open-plan dining and living areas before extending outward into expansive winter gardens and balconies. Calacatta marble, bespoke joinery, integrated appliances, and custom metal detailing are used throughout, while three distinct interior palettes, Terrace, Opera, and Harbour, allow buyers to personalise the spaces without compromising the architectural consistency of the project.

The larger residences place particular attention on separation between entertaining and private zones. In many apartments, master suites occupy the outer corners of the floorplates, allowing bedrooms to benefit from floor-to-ceiling glazing and harbour outlooks independent of the living spaces. Dressing rooms and ensuites continue the material palette through fluted detailing, freestanding baths, and layered stone finishes.

Rothelowman says the design intent centred on creating homes that feel enduring rather than transient.

“Our philosophy is all about the way people live in these spaces, and we wanted to create homes that reflect the quality of life in this unique Sydney location. The apartments showcase expansive living spaces that are generous, sophisticated, and bold, with the ability to connect with views throughout each apartment.”

[smartcode_project:default project_id=134323 project_image_fid=353235]

A separate four-storey amenity building known as The Pavilion expands the residential offering beyond the apartments themselves. Positioned alongside the tower, the building consolidates wellness, recreation, and social spaces into a dedicated resident retreat. Facilities include a 20-metre rooftop pool and sundeck, sauna, spa, ice bath, wellness studio, gymnasium, concierge service, wine cellar, residents’ lounge, private dining spaces, and dedicated co-working areas with meeting rooms and boardroom facilities.

The amenity mix reflects the buyer profile emerging in North Sydney, where owner-occupiers and downsizers are increasingly prioritising convenience, apartment scale, and long-term usability over purely investment-driven decisions.

The Walden also represents a significant milestone for ALAND, marking the company’s first major move into Sydney’s inner-city luxury apartment market after more than two decades delivering large-scale residential communities across Greater Sydney. Founder Andrew Hrsto says the Walker Street site stood apart because of both its positioning and its rarity.

[smartcode_project:default project_id=134323 project_image_fid=6390]

“As a company, we had been searching for a site in one of Sydney’s blue-chip locations, spanning the Eastern Suburbs, the Sydney CBD and the North Shore, and when we had the opportunity to purchase this site, we immediately recognised that it could be something iconic.”

At launch, The Walden recorded more than $103 million in sales, with buyers drawn to the project’s harbour positioning, apartment scale, and proximity to the Metro, which now connects North Sydney to Barangaroo in three minutes and Martin Place in five.

ALAND has commenced construction, and is expecting a completion date in 2028.

[smartcode_project_cta:default project_id=134323]

The Walden pairs house-scale living with North Sydney connectivity

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?

Mosman is undergoing a residential renaissance, with a wave of mid-rise developments reshaping the suburb’s future.

The latest proposal comes from Metis, a newly launched and fast-growing strategic property development advisory firm founded by industry veterans Jeffrey Curnow, Arian Galanis, and Nicholas Madgwick.

Metis plans to demolish five houses across a consolidated 1,961 sqm site spanning 93–101A Awaba Street to make way for a new six-storey building. The development will feature 29 two- and three-bedroom apartments and a two-level basement with 58 car spaces.

Designed by Cox Architecture, the building responds to Mosman’s distinctive topography and character.

"Our vision is to create an elegant and timeless building that will contribute to the neighbourhood vitality while being one of the first to embrace a future built form vision for Mosman," Cox noted in their submission to the local council.

"We draw our inspiration from the Heidelberg School and their transformative presence at Camp Curlew in Mosman. We aim to reflect their keen interest in transient light and its quality and effect on materials and colours. With an emphasis on a high quality and natural material and colour palette that is complimentary to local natural surroundings and architectural fabric."

The elevated corner site, with its steep fall, will offer upper-floor residents sweeping views of Middle Harbour. Landscaped courtyards, deep soil planting, and EV charging points in the basement reflect the project’s eco-conscious ethos.

<img alt="Mosman" data-entity-type="file" data-entity-uuid="1b5acfff-9717-45f5-90d2-a8a3c7b60291" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-07-01%20at%209.49.57%E2%80%AFAM.png?VersionId=acK4aSTN49fq5qEVtjhHd_mtANrbJ5ij" />

The Awaba Street development is part of a broader shift driven by NSW Government planning reforms, including the Low and Mid-Rise Housing Policy. This policy has earmarked areas of Mosman—particularly those within walking distance of Spit Junction—as suitable for medium-density housing. Just 383 metres from the town centre, the site qualifies for increased density and will reach the 22-metre height limit permitted under the policy.

The project adds to a growing list of luxury developments transforming Mosman. Notable projects include Prosker's <a href="/new-apartments/redan-lane-mosman-22-redan-street-mosman-nsw-2088">Redan Lane</a> development on the Balmoral slopes and DARE Property Group’s upcoming <a href="/new-apartments/twenty88-mosman-696-706-military-road-mosman-nsw-2088">Twenty88</a>—a mixed-use development featuring 27 apartments above a revitalised retail precinct on Military Road, set to launch later this year.

The Awaba Street development is part of a broader shift driven by NSW Government planning reforms, including the Low and Mid-Rise Housing Policy

First look: Mosman gentrification to continue with new Awaba St apartments

Approaching completion of their luxury Broadbeach tower, Faro, builder-developer 5Point Projects is doubling down—not just in the same suburb, but on the same street.

5Point has lodged plans for <a href="https://www.apartments.com.au/new-apartments/lumara-108-old-burleigh-road-broadbeach-qld-4218">Lumara</a>, a new high-rise at 108 Old Burleigh Road in Broadbeach, just a few hundred metres from Faro, which is being developed in partnership with Bottega Group.

The proposed development, referred to as 108OBR in planning documents, will comprise 37 luxury apartments within a 26-level tower designed by Cottee Parker. It will replace the existing two-level River Dell walk-up apartments on the 827 sqm site.<img alt="108 OBR" data-entity-type="file" data-entity-uuid="1150936d-5652-457f-84b8-eb4ec84b344d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-06-30%20at%201.38.26%E2%80%AFPM.png?VersionId=uKly9ejIupaF_9TjAtzIhOKfp9YfhDeS" />

There will be a maximum of two units per floor from levels two to 19.

Resident amenities—including a swimming pool, spa, sauna, steam room, BBQ area, private dining room, lounge, and work-from-home facilities—will span levels 20 and 21, situated below four whole-floor, four-bedroom apartments. The penthouse will occupy two levels and feature a private gym, golf simulator, rooftop pool, sauna, steam room, and outdoor barbecue kitchen.

The Town Planning Report by UPS stated: 
"Overall, the proposed development presents a unique and innovative urban rejuvenation of the subject site, further ensured through the high-quality architectural design that affords a comfortable, luxury living environment located within the central location of Broadbeach, and warrants the Council’s support and approval, subject to reasonable and relevant conditions."

<img alt="108OBR" data-entity-type="file" data-entity-uuid="abc4a5d1-2fbb-4bd5-a82f-7e9fe5f211b3" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-06-30%20at%201.38.31%E2%80%AFPM.png?VersionId=B8mDNRKCH120TMrM53WpZrEhiEQGXOkZ" />

108OBR expands 5Point's growing Gold Coast portfolio. As well as Faro Broadbeach, they have two developments underway on the Palm Beach beachfront, with over $160 million of apartments contracted across <a href="/new-apartments/palm-shores-palm-beach-171-173-jefferson-lane-palm-beach-qld-4221">Palm Shores</a> and <a href="/new-apartments/ophira-105-107-jefferson-lane-palm-beach">Ophira</a>.

The new Broadbeach project adds to the transformation of Old Burleigh Road. Developer Polycell is building <a href="/new-apartments/the-rochester-broadbeach-143-surf-parade-broadbeach">The Rochester</a> nearby, and has plans for two more projects on the indemand strip, while Graya recently launched <a href="/new-apartments/enclave-by-graya-118-old-burleigh-road-broadbeach">Enclave by Graya</a>.

First look: 5Point doubles down on Old Burleigh Road, plans Lumara Broadbeach

The Main Beach beachfront is set for another new luxury apartment tower.

Computershare billionaire Chris Morris is teaming up with luxury car dealer Greg Eastment, the latter of whom is behind Amani Main Beach just down the road, to deliver <a href="/new-apartments/amali-main-beach-3535-3537-main-beach-parade-main-beach-qld-4217">Amali Main Beach</a>, just 18 apartments on the dress circle Main Beach Parade.

High-end developer <a href="/developers/core-property-partners">Core Property Partners</a>, who has projects in the Gold Coast and Brisbane and were also a part of the Amani development team, are also involved in Amali.

Bayden Goddard has been called on again to handle the designs of the luxury building on an 810 sqm site at 3535-3537 Main Beach Parade, next door to the nine-level Sea building.

<img alt="Main Beach" data-entity-type="file" data-entity-uuid="d64eeaff-7715-435c-af92-af378dc93cf5" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-06-30%20at%2010.23.08%E2%80%AFAM.png?VersionId=pnrrqkA99D0ZUFEx1kUkZHJK9hASJEUw" />

Proposed is a 23-level tower with:

<ul data-end="1731" data-start="1438">
	<li data-end="1479" data-start="1438">
	16 full-floor, three-bedroom residences
	</li>
	<li data-end="1530" data-start="1480">
	2 double-storey skyhomes with five bedrooms each
	</li>
	<li data-end="1636" data-start="1531">
	327 sqm of communal recreation space on Level 1, including a beachfront pool, gym, sauna and steam room
	</li>
	<li data-end="1731" data-start="1637">
	A rooftop retreat exclusive to the two penthouses, boasting private pools and wellness zones
	</li>
</ul>

Each floorplate, at 376 sqm, delivers spacious, open-plan living — a hallmark of BGD Architecture’s approach to beachfront luxury. The entire tower is oriented to maximise views across the Pacific Ocean, while a feature porte-cochère entry and vertical landscaping lend resort-style elegance from the street level.

The Town Planning Report by UPS said the outcome is a "product of exemplary design quality, that will contribute positively to the advancement of the City’s iconic skyline and enhancement of visual aesthetic and vibrancy of the local streetscape along Main Beach Parade."

"Overall, the proposed development presents a unique and innovative urban rejuvenation of the subject site, further ensured through the high-quality architectural design that affords a comfortable, luxury living environment located within the central location of Main Beach, and warrants the Council’s support and approval, subject to reasonable and relevant conditions."

The development trio are soon to welcome buyers to <a href="/new-apartments/amani-3519-main-beach-parade-main-beach">Amani Main Beach</a>, a similar style tower with just 15 luxury apartments.

Amali Main Beach follows on from Amani Main Beach, down the road on Main Beach Parade

Billionaire plots Amali Main Beach apartment tower

Marking another milestone for the $1 billion world-class residential golfing community in the heart of Hunter Valley wine country, Capital Corporation has lodged plans for the Golf Course Clubhouse that is set to become a vibrant hub for Lovedale Farm golfers, guests, and the wider Hunter Valley community.

The DA lodgement follows the success of Lovedale Farm’s first stage release of Designer Homes, with over 70 per cent sold, a combined value of $55 million.

Purchasers so far include a mix of local upgraders, Sydney-based buyers, and golf enthusiasts from Newcastle and the Central Coast.

The 1,200 square metre Clubhouse is designed to match the elevated 18-hole championship golf experience at Lovedale Farm and will include a range of facilities tailored to both golf enthusiasts and lifestyle-focused residents.

[smartcode_project:default project_id=14476 project_image_fid=334207]

Features include a reception lounge, pro-shop, change rooms and lockers, a signature restaurant and bar, an exclusive members’ lounge, and event spaces for weddings, meetings and conferences.

Jim Hunter, Director of Capital Corporation, said the&nbsp;Clubhouse is a cornerstone of our golf course with modern golfing amenities and an exceptional hospitality offering for players and residents.

"The building is designed to complement the natural beauty of the surrounding landscape while offering a premium experience to members and their guests,” Hunter says.

“Lovedale Farm’s residential and tourism precincts have been purposefully designed around the golf course – not the other way around. A clear reflection of our commitment to establishing Australia’s leading lifestyle and golfing destination.”

[smartcode_project:default project_id=14476 project_image_fid=334205]

Membership of Lovedale Farm Golf Club will provide preferred tee times, access to the members’ lounge, and exclusive discounts on cart hire, food and beverage, and services. Residents of Lovedale Farm will receive additional benefits including waived joining fees and reduced green fees as part of their ownership privileges.

The Lovedale Farm masterplan, developed by award-winning architects Hachem, brings together a considered vision for leisure and community living in Hunter Valley wine country. The Clubhouse sits within the broader vision that includes the championship golf course, a premium resort, a vibrant dining precinct and high-end residential offering.

Capital Corporation has also announced the first release of land, priced from $995,000.

[smartcode_project:default project_id=14476 project_image_fid=334206]

This first Lifestyle Land release offers generous blocks ranging from 1,100m² to 3,000m², giving buyers the opportunity to custom-build a home in one of the Hunter Valley’s most sought-after addresses.

“The Lifestyle Land release has been designed to maximise views to the surrounding remnant woodlands,” added Jim Hunter. “These lots offer the perfect mix of luxury and connection to nature.”

Lovedale Farm is expected to deliver approximately 1,250 jobs during construction and inject over $300 million into the local economy. Once complete, the 240-hectare, precinct on Wine Country Drive is projected to contribute $100 million per annum to the Hunter Valley region, further enhancing its reputation as a key tourism and lifestyle destination.

The Lovedale Farm display suite at Hunter Valley Gardens is now open, offering a glimpse into the exceptional lifestyle that awaits future residents and visitors, an experience that’s truly redefining rural luxury.

Lovedale Farm’s first on site display home is scheduled for completion in October 2025. Capital Corporation, renowned for delivering both large scale urban regeneration and greenfield projects was founded over three decades ago. Capital Corporation has delivered close to 2,000 dwellings across Sydney in recent projects at Norwest, Woolooware Bay and Bondi Junction.

[smartcode_project_cta:default project_id=14476]

The Lovedale Farm masterplan, developed by award-winning architects Hachem, brings together a considered vision for leisure and community living in Hunter Valley wine country

Capital Corporation unveils clubhouse at Lovedale Farm’s championship golf course in the Hunter Valley

The NSW Department of Planning, Housing and Infrastructure has granted concept approval for the Transport Oriented Development (TOD) above the future Parramatta Metro Station, marking a major milestone in the Sydney Metro West program and broader Parramatta CBD transformation.

Led by Sydney Metro, the approved concept outlines four new mixed-use building envelopes above and adjacent to the station site, on a 25,498 sqm land parcel bounded by George, Church, Smith, and Macquarie Streets.

The development allows for up to 176,360 sqm of GFA—primarily for commercial and retail uses. Indicative plans flag around 111 apartments in one of the towers, a mix of one-, two- and three-bedroom dwellings.

The capital investment value (CIV) of $1.4 billion is expected to deliver 1,410 construction jobs and support over 9,750 full-time roles post-completion. The approved scheme also includes up to 451 basement parking spaces, supporting a high-traffic location with multimodal transport links.

The concept plan was assessed under the Environmental Planning and Assessment Act 1979 as a State Significant Development. It aligns with broader NSW Government strategies, including the Greater Sydney Region Plan, Central City District Plan, and Future Transport Strategy 2056.

Key urban integration strategies, such as Civic Link extension, active street interfaces, and design excellence review by the Sydney Metro Design Review Panel, formed core parts of the proposal evaluation.

<img alt="Parramatta Metro - Over Station Development" data-entity-type="file" data-entity-uuid="e2792cce-a5f1-4322-a49d-2e331c46f05b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Parramatta%20Development.png?VersionId=J2sywD_k6t6tzx0bMvaMJ.Y4z5ni65tz" />

<h2>Public Interest and Key Benefits</h2>

According to the Department’s assessment, “the project is in the public interest,” with strong alignment to Parramatta's role as Sydney’s Central River City. The Department cited the following reasons for approval:

<ul>
	<li>The project would provide a range of benefits for the region and the State as a whole, including additional employment space and residential accommodation in a highly accessible location.</li>
	<li>The project is permissible with development consent, and is consistent with NSW Government policies including the Greater Sydney Region Plan, Central City District Plan, Future Transport Strategy 2056 and the Parramatta Local Strategic Planning Statement.</li>
	<li>The impacts on the community and the environment can be appropriately minimised, managed or offset to an acceptable level, in accordance with applicable NSW Government policies and standards.</li>
	<li>The issues raised by the community during consultation and in submissions have been considered and adequately addressed through changes to the project and the conditions of consent. Engagement on the project is considered to be in line with Undertaking Engagement Guidelines for State Significant Projects, including the community participation objectives outlined in these guidelines.</li>
</ul>

<h2>&nbsp;</h2>

<h2>New apartment developments in Parramatta</h2>

New apartment developments in Parramatta have been few and far between in recent years.

Builder-developer Deicorp is currently delivering <a href="/new-apartments/cosmopolitan-by-deicorp-parramatta-34-hassall-street-parramatta-nsw-2150">Cosmopolitan by Deicorp</a>, the burgeoning developer's first in the area.

[smartcode_project:default project_id=138590 project_image_fid=324867]

The transport-focused developer, known for creating well-connected communities, secured a prime site at the eastern end of&nbsp;<a href="/news/parramatta-suburb-guide-highlighting-new-developments-in-sydneys-second-cbd" target="">Parramatta CBD</a>&nbsp;on Hassall Street. It's conveniently located next to the Robin Thomas Light Rail stop and just a short walk to&nbsp;<a href="/developments/parramatta-nsw-2150" target="">Parramatta</a>&nbsp;Train Station.

Thanks to the prized corner block, with no buildings to the north or east, residents at&nbsp;<a href="/new-apartments/cosmopolitan-by-deicorp-parramatta-34-hassall-street-parramatta-nsw-2150">Cosmopolitan by Deicorp</a>&nbsp;will enjoy protected views over the adjacent Robin Thomas Reserve and James Ruse Reserve—views that are rare in the growing CBD.

The development's location also offers easy access to nature, being less than 200 metres from the&nbsp;<a href="/developments/parramatta-nsw-2150" target="">Parramatta</a>&nbsp;River and Queen's Wharf Park.

[smartcode_project:default project_id=138590 project_image_fid=2210]

The two 45-level towers, which will home just over 600 apartments when completed in late 2027, have been designed by&nbsp;<a href="/developments/turner-act-2612" target="">Turner</a>&nbsp;Studio to hero the park views as much as possible, as well as views over the river and the&nbsp;<a href="/developments/parramatta-nsw-2150" target="">Parramatta</a>&nbsp;skyline to the west.

According to the Department’s assessment, “the project is in the public interest,” with strong alignment to Parramatta's role as Sydney’s Central River City

Parramatta Metro TOD approved, apartments planned as part of scheme

Brisbane-based developer Carbone Developments has revised its plans for&nbsp;<a href="/new-apartments/amado-windsor-38-grantson-street-windsor-qld-4030">Amado</a>, its upcoming apartment project in Windsor.

After taking on market feedback, the family-run developer—led by brothers Tony and Don Carbone—returned to the drawing board, reshaping the apartment mix to better suit first home buyers. The updated plans now include exclusively one- and two-bedroom apartments, addressing a relatively underserved segment in Brisbane’s low-rise apartment market.

Several of the one-bedroom layouts have been cleverly designed to incorporate a multipurpose room, ideal for residents working from home or seeking a second living area.

[smartcode_project:default project_id=139074 project_image_fid=730]

Amado will rise six storeys on Granston Street, just off Lutwyche Road. The location offers strong lifestyle appeal, with easy access to local parks, cafes, and Windsor Station.

The project also stands to benefit from anticipated property value growth leading up to the Brisbane 2032 Summer Olympics. The neighbouring Victoria Park precinct is set to be transformed with the construction of a new 63,000-seat stadium, adding further long-term appeal for buyers and investors.

<a href="/developers/carbone-developments">Carbone</a>&nbsp;secured the unique triple site in late 2021. It is occupied by a pre-1911, heritage-listed home which will be restored and form part of the development.

Amado has been designed by Brisbane locals<a href="/architects/red-door-architecture"> Red Door Architecture</a>, who drew inspiration from the suburb's creeks and landscapes, as well as the surrounding vernacular houses.

[smartcode_project:default project_id=139074 project_image_fid=287533]

Crowning the low-rise building will be a communal rooftop with an outdoor kitchen and dining area, plus a lounge area for relaxation, all surrounded by palm springs-inspired greenery and with panoramic views of Brisbane City.

Sustainability remains a key focus in Amado’s design, with allowances for solar panels on the northern portion of the roof. The building will facilitate natural ventilation through operable windows and large sliding balcony doors, which also provide a seamless transition between indoor and outdoor living.

[smartcode_project:default project_id=139074 project_image_fid=731]

The Carbone family has been developing new apartments across inner-city Brisbane for the best part of two decades. They have been prolific in the new apartment space in Windsor, with Amado marking their fifth instalment in the leafy inner northern suburb.

Carbone manages construction in-house. They have already demolished the buildings on-site, excluding the heritage-listed home, and are ready to commence construction. They are expecting buyers to move in early to mid-2027.

[smartcode_project_cta:default project_id=139074]

First look: Carbone targets first home buyers after Amado Windsor redesign

Riverfront living is an aspirational lifestyle for many, but due to the scarcity—and cost—of land, the opportunity to call the riverfront home rarely arises for the more price-conscious buyer.

Developer NOVM is changing that with The Lennox, a new apartment development offering affordable riverfront living in a premium location. These brand-new, never-lived-in apartments are located in a striking 40-storey tower on Phillip Street, with direct access to the Parramatta River Walk.

[smartcode_project:default project_id=5743 project_image_fid=918]

Standing nearly 150 metres tall, The Lennox ranks among the top 10 tallest buildings in Parramatta, offering breathtaking views over the river and beyond.

A variety of floorplans caters to a wide range of buyers—from first home buyers and investors eyeing one-bedroom apartments from the $700,000s, to upsizers and downsizers drawn to the larger three and four-bedroom homes higher up in the building.

[smartcode_project:default project_id=5743 project_image_fid=953]

Each apartment features open-plan living areas, generously sized bedrooms with built-in wardrobes, and private balconies with district or river views. Kitchens and bathrooms are finished in timeless, neutral palettes, with integrated appliances and quality materials selected for long-term durability.

Residents also enjoy an impressive suite of amenities, including The Watermark—a 20-metre indoor heated pool with an adjoining outdoor terrace and BBQ areas. A state-of-the-art gym, fitness studio, and private conference room (often used for events and birthdays) are also part of the lifestyle offering.

[smartcode_project:default project_id=5743 project_image_fid=930]

Much like the apartments and amenities, the location suits a variety of lifestyles. Just off Church Street, The Lennox is within walking distance of the Parramatta CBD, home to the region’s largest Westfield shopping centre, the vibrant new Eat Street dining precinct, and the major Parramatta transport interchange.

Commuters will appreciate easy access to the Sydney CBD via train or the upcoming light rail, while families will benefit from nearby top-performing schools and the new Parramatta Aquatic Centre.

Apartments at The Lennox are move-in ready now.

[smartcode_project_cta:default project_id=5743]

Riverfront living made achievable at The Lennox, Parramatta

Longstanding Lower North Shore developer Hyecorp is continuing to expand its development pipeline, lodging plans for a new tower in Chatswood.

The State Significant Development Application proposes a 28-storey tower at 37 Archer Street, following closely behind their application for a 259-apartment project designed by FK.

Dubbed Celine, the Chatswood development will add a further 125 apartments to Hyecorp’s growing portfolio, which also includes Audrey in St Leonards—now nearing completion with only a handful of three-bedroom apartments remaining—and Juliet, a boutique 37-apartment project in Roseville.

Fuse Architects won the design competition for Celine, with the jury commending the proposal for its "strong response to the site context, the originality and thoughtfulness of the architectural proposal, and the consideration of the wider Chatswood context."

In their submission, Fuse noted that Chatswood is defined by its diverse community and rich cultural heritage as the home of the Gamaragal people.

"The area has always been an important place, with a vibrant history of gatherings and ceremonial traditions. Any new building should honour Country and the culture associated with this land through tangible and intangible outcomes," they wrote in their Design Report.

The apartment mix—spanning one-, two-, three-, and four-bedroom residences—aims to cater to a broad range of residents, including singles, couples, sharers, families, and investors.

<img alt="37 Archer Street, Chatswood" data-entity-type="file" data-entity-uuid="d0f51a8a-9004-4c26-a921-426310908d70" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Chatswood%20podium.png?VersionId=BaeY5ulZl3c5K4WNeRzVjltXe0JG.VSu" />

<h2>Mixed-use Precinct</h2>

The apartments will sit above an activated ground plane with:

<ul>
	<li>Double-height retail tenancies fronting Bertram Street</li>
	<li>Ground floor food and beverage spaces, activating the through-site pedestrian link</li>
	<li>Two levels of commercial office space</li>
	<li>A two-storey residential lobby anchoring the corner of Archer Street</li>
</ul>

Complementing the above is a publicly accessible, landscaped through-site link that will connect Archer and Bertram Streets. This new urban corridor is envisioned as a green, activated pedestrian space that encourages public use and outdoor dining—a gesture that extends Celine’s influence beyond its footprint into the broader community.

<h2>Connected Location</h2>

Positioned on the border of the South Chatswood Heritage Conservation Area, Celine will offer immediate access to a wide array of amenities and public transport. Within 800 metres are:

<ul>
	<li>Chatswood Interchange (metro and rail)</li>
	<li>Westfield and Chatswood Chase shopping centres</li>
	<li>Chatswood Concourse cultural hub</li>
	<li>Multiple parks, including Chatswood Park and Beauchamp Park</li>
	<li>A cluster of leading schools and private hospitals</li>
</ul>

<img alt="37 Archer Street, Chatswood" data-entity-type="file" data-entity-uuid="835d39d2-1b0b-40a3-b7ea-04998a39f14d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Chatswood.png?VersionId=9uyn.hFmrXlH0sirqpCUC9pOsv_Q.xfD" />

<h2>Fast Facts:</h2>

<ul>
	<li>Address: 37 Archer Street, Chatswood NSW</li>
	<li>Developer: Hyecorp Property Group</li>
	<li>Architect: Fuse Architects</li>
	<li>Building Height: 28 storeys</li>
	<li>Residences: 125 apartments (including 28 affordable housing units)</li>
	<li>Retail + Commercial GFA: ~1,900sqm</li>
	<li>Total GFA: 14,230sqm</li>
	<li>Basement Parking: 154 car spaces</li>
	<li>Location Highlights: Chatswood Interchange (800m), Westfield, cultural venues, parks, schools</li>
</ul>

Hyecorp doubles-down on Lower North Shore with Celine, Chatswood tower

While the CBD defines the heart of Sydney, its character shifts from block to block.

Whether it's the harbourfront at Circular Quay with views of the Opera House and Harbour Bridge, or the southern end near Chinatown and Central Station, no two streets are the same. Each pocket offers something different—particularly for the growing number of people calling the city centre home.

The latest addition to Sydney’s new apartment pipeline is <a href="/new-apartments/sydney-house-194-204-pitt-street-sydney-nsw-2000">Sydney House</a>, a joint venture between First Sponsor and ICD Property. The project will redevelop the historic City Tattersalls building, a landmark site near the corner of Pitt and Market Streets since it was designed by architects Sherin and Hennessy and constructed in 1891 by Paddington builder Archibald Truehope.

[smartcode_project:default project_id=12428 project_image_fid=312149]

<a href="/new-apartments/sydney-house-194-204-pitt-street-sydney-nsw-2000">Sydney House</a> presents a new chapter for the location, with construction well advanced to create a 55-level mixed-use tower comprising 241 premium apartments positioned above a new 135-room boutique hotel. BVN Architecture has led the design of the tower, which will rise above the retained heritage podium. That podium, to be carefully restored by FJC Studio, will house a collection of high-end hospitality venues once complete.

<h2 data-end="1042" data-start="993">A central CBD location amid a precinct revival</h2>

<a href="/new-apartments/sydney-house-194-204-pitt-street-sydney-nsw-2000">Sydney House</a> is positioned in one of the city’s most walkable and connected locations, within minutes of major employment hubs, public transport, and retail landmarks including the Queen Victoria Building, Pitt Street Mall and the Strand Arcade.

Pitt Street Mall is consistently named in the top 10 most expensive retail strips in the world, further reinforcing the precinct's significance as a premier commercial and lifestyle destination in the Sydney CBD.

[smartcode_project:default project_id=12428 project_image_fid=312147]

The project is also situated just a few minutes’ walk from Gadigal Metro Station and Martin Place, placing residents within reach of the wider Sydney metro network, including Barangaroo and North Sydney.

The broader Pitt, King and Castlereagh Streets corridor is currently undergoing significant revitalisation, with improved public realm, increased pedestrian activity, and a shift toward mixed-use living and working. <a href="/new-apartments/sydney-house-194-204-pitt-street-sydney-nsw-2000">Sydney House</a> is set to be one of the few high-rise residential buildings delivered within this historic part of the city.

<h2 data-end="1874" data-start="1835">Amenity and culture at the doorstep</h2>

The development is surrounded by some of Sydney’s most prominent cultural and lifestyle institutions. Hyde Park, the Royal Botanic Gardens and Circular Quay are all within walking distance, along with major theatres, dining precincts and luxury retail brands.

[smartcode_project:default project_id=12428 project_image_fid=350624]

Residents will have direct access to some of the city’s most iconic streetscapes, as well as close proximity to key venues including the Sydney Opera House, Art Gallery of New South Wales and the State Theatre.

<h2 data-end="2405" data-start="2349">A building with dual purpose and long-term ownership</h2>

“We set out to create more than just a beautiful building - we envisioned a lifestyle,” said a spokesperson for First Sponsor and ICD Property.

“The <a href="/new-apartments/sydney-house-194-204-pitt-street-sydney-nsw-2000">Sydney House</a> vision is about delivering a building that provides a sanctuary in the heart of the Sydney CBD. Residents can choose to stay indoors and enjoy panoramic harbour views, dine within the building's restored lower bar, or stroll around the neighbourhood at their leisure. To us, <a href="/new-apartments/sydney-house-194-204-pitt-street-sydney-nsw-2000">Sydney House</a> exemplifies a lifestyle of convenient luxury.

"We hold in high regard this exceptional opportunity to bring&nbsp;<a href="/new-apartments/sydney-house-by-city-tattersalls-club-194-204-pitt-street-sydney">Sydney House</a>&nbsp;to fruition, in which we target to retain long-term ownership of the hotel and heritage podium. This enduring commitment not only reflects our confidence in the success of the development but also our deep pride in its legacy.”

[smartcode_project:default project_id=12428 project_image_fid=312146]

<a href="/new-apartments/sydney-house-194-204-pitt-street-sydney-nsw-2000">Sydney House</a> will deliver 241 residences—across one-, two- and three-bedroom layouts—positioned above a 135-room boutique hotel that will be owned and operated by First Sponsor. The hotel includes a restored heritage bar and restaurant space at street level, designed to activate the corner of Pitt and King Streets.

The project has been designed to provide hotel-style amenities to residents, with services such as concierge, wellness spaces and meeting rooms available throughout the lower podium and shared zones. This co-location model reflects a broader global trend of integrating branded residential living within luxury hospitality settings.

With construction underway, <a href="/new-apartments/sydney-house-194-204-pitt-street-sydney-nsw-2000">Sydney House</a> is expected to be completed in Q4 2027.

[smartcode_project_cta:default project_id=12428]

“We set out to create more than just a beautiful building - we envisioned a lifestyle,” said a spokesperson for First Sponsor and ICD Property.

"More than just a beautiful building": How Sydney House aims to elevate its residents' lifestyle

Opportunities to build in Melbourne’s long-established inner suburbs are increasingly rare. In Kew, one of the city’s earliest residential precincts, that scarcity is even more pronounced.

Wimba Ave, a new residential development by Ricdanic Investments, is notable for precisely this reason. Located within a quiet, tree-lined pocket of the suburb, and bordering established greenery near the river, Wimba Ave offers a rare blend of natural amenity and carefully considered residential design.

Architect Chris Idle, who has been practising for over two decades, says projects like this don’t come along often.

“There are very few opportunities to do these kinds of developments in leafy, established suburbs,” he explains. “To get this level of amenity, natural light, and architectural freedom in such a setting is extremely rare.”

[smartcode_project:default project_id=140755 project_image_fid=354805]

The architecture draws on the language of Kew’s grand homes, reinterpreting their scale and character into a refined, boutique form. Idle describes the material palette, brass detailing, natural stone, and timber flooring, as an exercise in restraint and longevity.

“We wanted it to feel timeless,” he says.

This timeless ethos extends beyond the built form. The development is nestled among mature canopy trees and long-established green spaces, an environment that informed every aspect of the design.

[smartcode_project:default project_id=140755 project_image_fid=366266]

Leading the landscape architecture is John Patrick, a respected figure with nearly 50 years in Australian landscape design. From the outset, preservation and enhancement of the natural environment were central themes.

“When you’re working in a setting like this, with pre-existing mature trees, you work very hard to look after them,” Idle says.

The gardens have been designed with flexibility in mind, offering space for quiet reflection, family gatherings, or entertaining, with a seamless connection between indoor and outdoor zones.

[smartcode_project:default project_id=140755 project_image_fid=354809]

“These are flexible gardens,” Idle adds. “Not designed with a single purpose in mind, a perfect place for grandchildren to play, for entertaining friends, or simply to sit and enjoy the calm and greenery.”

While Kew has seen infill development over the years, it remains one of Melbourne’s most desirable and consistent residential areas. With its riverside location, established infrastructure, and mature landscape, it offers a setting that can’t easily be replicated in newer growth corridors.

Julian Millman from Gary Peer Projects is managing sales for Wimba Ave.

[smartcode_project_cta:default project_id=140755]

Architect Chris Idle, who has been practising for over two decades, says this kind of project doesn’t come along often.

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