Apartment buyers in New South Wales are set to gain a decade of insurance-backed protection against major building defects, after the NSW Parliament passed the Fair Trading and Building Legislation Amendment Bill 2026.&nbsp;

The Bill establishes decennial defect insurance, known in the market as Latent Defects Insurance (LDI), as an alternative to the existing two-year strata building bond. It cleared the Legislative Council with amendments on Tuesday evening (August 4, 2026), with the Legislative Assembly agreeing to those amendments shortly after.

Under the reform, eligible developers can satisfy their statutory bond obligation by taking out an approved decennial-style policy that gives owners 10 years of cover for major structural defects from completion, claimable directly, without first having to pursue developers or builders through costly legal action.&nbsp;

The change forms the final tranche of amendments arising from the 2021 statutory review of the Strata Schemes Management Act 2015 and related legislation.

Resilience Insurance, which originated the cover in Australia and has delivered it in NSW since 2022, welcomed the passage and credited the NSW Government for delivering it.

“This is protection apartment buyers have needed for a long time, and the credit for delivering it belongs to the NSW Government,”&nbsp;said Corey Nugent, CEO of Resilience Insurance.

“Minister Chanthivong and his team have shown real leadership in replacing an outdated two-year bond with cover that matches the lifespan of the buildings people are buying into. Reform like this is what good, evidence-based regulation looks like.”

Resilience has delivered LDI in NSW since 2022, protecting thousands of apartments, giving the State, and now the country, real-world evidence of how decade-long, no-fault protection works in practice.

The reform also places NSW within a wider national shift.

NSW is the third jurisdiction to put decennial cover into law. The ACT legislated for it in 2024, with the scheme taking effect in late 2025, and Victoria passed its own framework on 17 June. Between them, the three cover the majority of Australia's apartment market.

The reform commences once the legislation is proclaimed, which is expected in the coming weeks. From that point, developers of Class 2 residential apartment buildings can meet their statutory obligation with an approved decennial policy in place of the bond.

Buyers who purchased into projects that took out the cover early are among the first in the country to take keys to apartments carrying decade-long structural protection.

“With the legislation passed, the focus now turns to making it work for buyers,”&nbsp;Nugent said.

“There are already thousands of apartments in NSW covered by this insurance, bought by developers who moved early. The question every buyer should be asking in a display suite is a simple one: does this building come with 10-year defect cover, and who stands behind it?&nbsp;

“We look forward to working with the Government and the Building Commission in coming weeks as the framework moves to implementation, and to sharing what we have learned over the past four years so the protection reaches owners as smoothly and quickly as possible.”

Other states are working through their own reform programs. Western Australia has indicated that decennial cover is within consideration a later stage of its reform sequence, and Queensland has been examining the settings as it looks at the development pipeline ahead of the 2032 Olympics.

Resilience Insurance acknowledges the NSW Government’s continued focus on strengthening consumer protection while supporting housing delivery across the State.

Fast Facts: What the reform means

<ul style="color:#222222; font-family:Arial, Helvetica, sans-serif; font-size:small; font-style:normal; font-variant-ligatures:normal; font-weight:400; text-align:start; white-space:normal; background-color:#ffffff; text-decoration-thickness:initial; text-decoration-style:initial; text-decoration-color:initial">
	<li style="margin-left:15px; font-family:Aptos, Arial, Helvetica, sans-serif; font-size:12pt; color:#000000">Proven at scale:&nbsp;Decennial cover has operated in NSW since 2022, protecting thousand of apartments.</li>
	<li style="margin-left:15px; font-family:Aptos, Arial, Helvetica, sans-serif; font-size:12pt; color:#000000">10 years of cover:&nbsp;Protection for major structural defects runs for a decade from completion, claimable directly and with no legal action required.</li>
	<li style="margin-left:15px; font-family:Aptos, Arial, Helvetica, sans-serif; font-size:12pt; color:#000000">An alternative to the bond:&nbsp;Eligible developers can meet their statutory obligation with an approved decennial-style policy in place of the 2% strata building bond.</li>
	<li style="margin-left:15px; font-family:Aptos, Arial, Helvetica, sans-serif; font-size:12pt; color:#000000">Part of a national shift:&nbsp;The ACT has had decennial provisions in force since 2025 and Victoria passed its framework in June. NSW now joins them.</li>
	<li style="margin-left:15px; font-family:Aptos, Arial, Helvetica, sans-serif; font-size:12pt; color:#000000">No-fault, first resort:&nbsp;Owners corporations claim directly from the insurer without first having to establish who is liable for the defect.</li>
	<li style="margin-left:15px; font-family:Aptos, Arial, Helvetica, sans-serif; font-size:12pt; color:#000000">Cost-competitive:&nbsp;At approximately 1.8% of build cost, LDI is typically priced below the 2% bond while offering broader, longer protection.</li>
	<li style="margin-left:15px; font-family:Aptos, Arial, Helvetica, sans-serif; font-size:12pt; color:#000000">Market position:&nbsp;Resilience originated LDI in Australia and has delivered it in NSW since 2022.</li>
</ul>

Fast Facts: What is Resilience LDI?

<ul style="color:#222222; font-family:Arial, Helvetica, sans-serif; font-size:small; font-style:normal; font-variant-ligatures:normal; font-weight:400; text-align:start; white-space:normal; background-color:#ffffff; text-decoration-thickness:initial; text-decoration-style:initial; text-decoration-color:initial">
	<li style="margin-left:15px; font-family:Aptos, Arial, Helvetica, sans-serif; font-size:12pt; color:#000000">Resilience Latent Defects Insurance (LDI):&nbsp;Covers major structural defects for 10 years from completion.</li>
	<li style="margin-left:15px; font-family:Aptos, Arial, Helvetica, sans-serif; font-size:12pt; color:#000000">Consumer-first:&nbsp;Direct claim access, no need for lengthy legal action.</li>
	<li style="margin-left:15px; font-family:Aptos, Arial, Helvetica, sans-serif; font-size:12pt; color:#000000">Cost advantage:&nbsp;At approximately 1.8% of build cost, LDI is typically priced below the traditional 2% Strata Bond while offering broader protection.</li>
	<li style="margin-left:15px; font-family:Aptos, Arial, Helvetica, sans-serif; font-size:12pt; color:#000000">Market leader:&nbsp;&nbsp;Resilience Insurance originated LDI in Australia and is the national market leader.</li>
</ul>

Joel Robinson

NSW parliament passes 10-year defect insurance laws for new apartment buyers

Builder-developer <a href="https://www.apartments.com.au/developers/mcnab-developments">McNab</a> has wasted little time reshaping one of South Brisbane's most significant undeveloped apartment sites after acquiring the property earlier this year.&nbsp;

McNab has lodged plans to scrap an existing approval for two 30-storey towers and instead deliver a single 28-storey residential building, preserving part of the site for a future development opportunity.

The proposal, lodged over <a href="https://www.apartments.com.au/new-apartments/64-peel-street-south-brisbane-qld-4101">64 Peel Street and 9 Cordelia Street</a>, is for a residential-led mixed-use development comprising 124 apartments above a landscaped podium, alongside a boundary realignment that preserves part of the land for a future residential project.

<img alt="First look: McNab resets decade-old South Brisbane approval with 124-apartment tower" data-entity-type="file" data-entity-uuid="743bf564-3f8f-45fc-b8d3-bbf18f5b628f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/mcnab%20Peel%20st%20podium.png?VersionId=EhCxGrVn_VFH3qTbKnI4WppGwaMnOn0t" />

Designed by <a href="https://www.apartments.com.au/architects/hayball">Hayball</a>, the development will deliver 119 two-bedroom and five three-bedroom apartments across 23 residential levels. A five-level podium will accommodate 135 car spaces, while the ground floor will include a 66 sqm commercial tenancy, an activated residential lobby with work-from-home spaces, and a publicly accessible landscaped plaza linking Cordelia and Peel streets.&nbsp;

Communal amenities will span Level 6 and the rooftop, including indoor and outdoor recreation spaces, a swimming pool, barbecue facilities, kitchen and dining areas, lawn space, sauna, steam room and yoga facilities.

The application also proposes a boundary realignment to create a standalone 1,290 sqm development lot while retaining an adjacent parcel for future redevelopment, allowing the balance of the site to contribute additional housing over time.

Hayball said the architecture has been shaped by the site's elevated corner position at the intersection of Peel and Cordelia streets and Brisbane's subtropical climate.

The design incorporates generous landscaped setbacks, a masonry podium wrapped with planting, large north-facing balconies, and a slender tower profile intended to maximise natural light, cross ventilation and long-range views. The rooftop has been conceived as a wellness-focused retreat overlooking Brisbane, with amenities positioned to capture views towards Mount Coot-tha and the CBD.

<img alt="First look: McNab resets decade-old South Brisbane approval with 124-apartment tower" data-entity-type="file" data-entity-uuid="c5f99e84-6ad8-4a87-82d1-869685b754d2" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/mcnab%20tower%20perspective.png?VersionId=Gw0IuJaSAlk.tvGBxInhZOcQAdIB..2b" />

The planning submission positions the proposal as a response to both changing market conditions and Brisbane's Kurilpa Sustainable Growth Precinct planning reforms.

McNab acquired the site after the previous approval was granted, with the existing scheme no longer reflecting current residential market demands, economic conditions, construction challenges, construction efficiencies or the quality of development outcome now being pursued, the planning report noted.

McNab continues to expand its residential development pipeline across Brisbane and the Gold Coast. The developer recently launched The Tannery in West End, securing more than 60 per cent of apartments before the project's public release. It is also delivering Elements Budds Beach in Surfers Paradise and Lucia Highgate Hill, an eight-apartment boutique development overlooking the Brisbane River.

McNab resets decade-old South Brisbane approval with 124-apartment tower

A steeply sloping Bellevue Hill site is set to accommodate a new mid-rise apartment development, with plans lodged for 20 homes that respond to the site's dramatic topography.

The proposal for the consolidated land at <a href="https://www.apartments.com.au/new-apartments/138a-140-bellevue-road-bellevue-hill-nsw-2023">138A-140 Bellevue Road</a> has been designed by Sydney architecture practice Common Office, which has used the site’s substantial fall to distribute the building’s scale and unlock 20 apartments without presenting the full height to the street.&nbsp;

“The unique design strategy leverages the site’s substantial topographical fall to facilitate increased density, presenting a seven-storey profile to Bellevue Road while rising to 10 storeys at the rear,” Common Office said in its architectural design report.

The apartment mix spans one, two, three- and four-bedroom residences. Four two-bedroom apartments are designated as affordable housing, while the plans also include two adaptable dwellings. The mix is majority three-beds, with the typical three-bed apartment offering around 144 sqm internally, with balconies of around 15 sqm.

The affordable housing component represents 15 per cent of the residential floor area and allows the project to access additional height and floor space under the NSW Government’s in-fill affordable housing provisions. The site also falls within the inner area of the Low and Mid-Rise Housing Policy because it is within 400 metres walking distance of Double Bay Town Centre.

<img alt="First Look: Plans lodged for topography-led affordable housing project in Bellevue Hill" data-entity-type="file" data-entity-uuid="b1230d0f-3bfa-4a11-abaf-0928c66ef345" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Bellevue%20da.png?VersionId=dZeMK3P.OutGjN8ycjsxm8uNsj_QFWQv" />

Common Office has arranged the building around a masonry podium and a lighter upper volume, drawing on two recurring elements of Bellevue Hill’s established architecture: sandstone bases and the vertical proportions of local Inter-war Art Deco apartment buildings.

“The proposal is governed by a holistic design language that reconciles the solid horizontal masonry of the neighbourhood’s podiums with the elegant verticality of its Art Deco heritage,” the architect said.

“The building maintains a consistent rhythmic logic utilising deep recesses and a sophisticated material transition to break down the 10-storey scale into a series of articulated, human-scale volumes.”

<img alt="First Look: Plans lodged for topography-led affordable housing project in Bellevue Hill" data-entity-type="file" data-entity-uuid="0147f503-1af1-4d51-97fb-c2f1cba63a9d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Bellevue%20bldg.png?VersionId=GoW7q3NlK67OpnePXhk7zvklrlKb72Qc" />

Large-format sandstone tiles will define the lower levels, establishing a robust base that negotiates the change in elevation from Bellevue Road. Above, red-tinted precast concrete frames, recessed balconies, anodised aluminium screens and expanded metal details will create a more vertically expressed façade. Integrated planter beds will introduce greenery across balcony edges and recessed sections of the building.

The elongated northern façade has been divided into three recessed vertical masses to reduce its perceived length. Triangular window elements and metal privacy screens reference the geometry of nearby Art Deco buildings while controlling overlooking toward surrounding homes. The southern elevation will incorporate further privacy screening, landscaped edges and deep balconies to maintain light and ventilation.

<img alt="First Look: Plans lodged for topography-led affordable housing project in Bellevue Hill" data-entity-type="file" data-entity-uuid="e8679cf1-18bc-4447-8a0f-0052b94ab83c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Bellevue%20da%20rooftop.png?VersionId=5SQqQqRFf76rvE2p1TbxJSweMN70AIbc" />

Private and communal landscaping is distributed throughout the development. A landscaped garden apartment is positioned within the lower portion of the site, while a communal terrace on Level 5 will include a central timber deck, barbecue facilities, resident planting plots and areas for outdoor dining and informal gatherings.

Common Office described the terrace as an elevated sanctuary designed to capture district views and sunlight. Its planting strategy incorporates endemic species associated with the Eastern Suburbs Banksia Scrub, extending the landscape vertically through the building and providing habitat for local flora and fauna.

A second communal outdoor area is proposed at roof level, with built-in seating, paved gathering areas and perimeter planting.

Bellevue Hill is enjoying renewed momentum in the new apartment market, with several boutique developments recently launched and currently under construction. Positive Investment Enterprise is delivering the 16-apartment Kew Palm House on Birriga Road, while Chanine Developments is also under construction at Florian, a 36-apartment project on Banksia Road.

&nbsp;

Bellevue Hill is enjoying renewed momentum in the new apartment market, with several boutique developments recently launched and currently under construction.

First Look: Apartment development pitched for Bellevue Hill, Double Bay fringe

South Brisbane's apartment pipeline continues to build momentum, with <a href="https://www.apartments.com.au/developers/trk-property-group">TRK Property Group</a> lodging plans for a 161-apartment tower on Montague Road as developers accelerate investment across the Kurilpa Sustainable Growth Precinct.

The proposal for 176–186 Montague Road would replace an existing office building with a 20-storey residential tower designed by <a href="https://www.apartments.com.au/architects/cox-architecture">COX Architecture</a>, adding to a growing pipeline of high-density projects reshaping one of Brisbane's fastest-evolving inner-city precincts.

The project has been conceived as a "living building", featuring a flowing tower form, extensive vertical landscaping, and generous communal spaces that respond to the evolving Kurilpa Sustainable Growth Precinct.

TRK Property Group Development Director Matt Kan said the project reflected the confidence developers have in South Brisbane's long-term future.

"South Brisbane is entering an incredibly exciting period, and we see Montague Road sitting right at the heart of that evolution," Kan said.

"With the former Visy site directly opposite us and significant investment planned throughout the broader Kurilpa precinct, there is a real sense of momentum around this part of the city and what it will become over the coming years.

"For TRK, this is an opportunity to be part of that next chapter and deliver a project that responds to where the precinct is heading, while contributing to the continued evolution of Brisbane's river edge."

<img alt="First look: TRK Property joins South Brisbane apartment surge with Montague Road tower plans" data-entity-type="file" data-entity-uuid="590fe1ad-f892-4446-a679-80e33a16d029" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/TRK%20tower%20facade.png?VersionId=uOJStrcKpyHFcPE1w6_9SMAFzVMCcZll" />

The scheme includes a mix of one, two, three and four-bedroom apartments, incorporating multi-purpose rooms in selected residences to provide additional flexibility for home offices or expanded living areas. The proposed mix comprises 15 one-bedroom, 13 one-bedroom plus MPR, 73 two-bedroom, 26 two-bedroom plus MPR, 30 three-bedroom, and four four-bedroom apartments.

Rather than adopting a conventional rectilinear tower, COX Architecture has developed a sculpted form inspired by the movement of the Brisbane River.

"The proposal has been designed by COX Architecture as a 'living building' that responds to the site's riverine setting, floodplain history and evolving urban context within the Kurilpa Sustainable Growth Precinct," the planning report states.

"The architectural form draws from the fluid nature of the Brisbane River, with a curved and undulating tower form that creates a varied architectural edge and avoids a conventional rectilinear tower expression."

The podium has also been designed as an architectural feature rather than a conventional parking structure, with cascading planting, screening and natural-toned materials softening its appearance. Resident parking is elevated above ground level to address the site's flood constraints, while habitable apartments sit above flood planning levels. Upper-level communal facilities are designed to accommodate shelter-in-place arrangements during major flood events.

<img alt="First look: TRK Property joins South Brisbane apartment surge with Montague Road tower plans" data-entity-type="file" data-entity-uuid="01fa15d0-90df-46c7-9555-7941fc45373c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/TRK%20podium.png?VersionId=mHyua.w1pHGBt9qEdWzrlsv.leztUCwO" />

Communal amenity is a major focus of the proposal. Around 1,815 sqm of shared resident space is proposed across the ground floor, level 19 and the rooftop, including co-working areas, indoor and outdoor recreation spaces, wellness facilities, dining and gathering areas, lawn spaces, a rooftop pool and spa, and extensive landscaping. At street level, a landscaped forecourt and approximately 345 sqm of publicly accessible open space along Montague Road are intended to improve the pedestrian experience while activating the building's frontage.

The development will provide 163 car spaces, including 152 resident bays and 11 visitor spaces, together with 144 bicycle spaces incorporating resident storage, visitor parking, bicycle maintenance facilities and e-mobility charging infrastructure.

The site sits within one of Brisbane's fastest-changing inner-city precincts, less than two kilometres from the CBD and within easy reach of South Bank, West End, the Queensland Cultural Centre and extensive public transport connections. The Kurilpa Sustainable Growth Precinct planning framework is encouraging higher-density residential development to help meet Brisbane's housing supply targets while supporting walkable, transit-oriented neighbourhoods.

TRK Property joins South Brisbane apartment surge with Montague Road tower plans

Article summary

<ul data-end="785" data-start="311">
	<li data-end="459" data-section-id="5hbcyr" data-start="311">Pikos Group has released the five-penthouse collection at Skye Kangaroo Point, headlined by a two-storey sky home spanning more than 1,000 sqm.</li>
	<li data-end="561" data-section-id="1p7lq8n" data-start="460">Early buyer interest suggests the residences could set a new Queensland apartment price record.</li>
	<li data-end="667" data-section-id="1y70z0l" data-start="562">The collection includes four move-in ready penthouses and the highly customised Skye One residence.</li>
	<li data-end="785" data-section-id="yvm0y1" data-start="668">The release caps one of Bri​sbane's most ambitious luxury apartment developments overlooking the Brisbane River.</li>
</ul>

<hr data-end="790" data-start="787" />
Pikos Group has released the five-penthouse collection at its <a href="https://www.apartments.com.au/buildings/skye-residences-by-pikos-kangaroo-point-8-river-terrace-kangaroo-point-qld-4169">Skye by Pikos</a> development in Kangaroo Point, with early buyer interest indicating the flagship residences could eclipse every apartment sale previously recorded in Queensland.

The collection crowns the luxury riverfront development with five residences, including four completed penthouses and Skye One, a two-level sky home spanning more than 1,000 sqm that will be tailored to its eventual owner.

[smartcode_project:default project_id=90059 project_image_fid=374075]

Wanting to offer a fully customisable home, Pikos is offering Skye One as a blank canvas, allowing the buyer to work alongside the developer's design team to customise the home's layout, finishes and internal spaces.

The residence will feature a 247 sqm private rooftop terrace with its own swimming pool, sauna, steam room, outdoor kitchen and multiple entertaining areas overlooking the Brisbane River and CBD skyline.

The remaining four penthouses have been completed and are ready for immediate occupation, each offering four bedrooms, expansive open-plan living areas, soaring ceilings and private lift access.

[smartcode_project:default project_id=90059 project_image_fid=374059]

One of the defining features throughout the project is its use of Roman Classic Travertine, with more than 20,000 sqm of the natural stone imported from Italy after being personally selected by Pikos Group Founder and Executive Director Pedro Pikos, interior designer Julie Williamson and third-generation stone specialist Mario Caucci.

Pikos said the penthouse collection represented the culmination of the company's long-term vision for Skye.

"True legacy isn't measured by what we build today, but by what endures tomorrow," Pikos said.

"Our ambition is to create places that become more valuable with time, enrich the lives of generations, and stand as timeless landmarks long after we've stepped away."

[smartcode_project:default project_id=90059 project_image_fid=374060]

Williamson said the interiors were inspired by the natural character of Kangaroo Point and the Brisbane River rather than international design trends.

"Materiality tells the story of a place," Williamson said.

"We looked to the movement of the Brisbane River, the texture of the cliff face and the warmth of the surrounding landscape to create interiors that feel understated, enduring and unmistakably Brisbane."

Positioned above the Kangaroo Point cliffs, Skye places residents within walking distance of Howard Smith Wharves, South Bank and James Street while offering uninterrupted river and city views.

[smartcode_project_cta:default project_id=90059]

Brisbane's next apartment price record? Pikos unveils Skye's exclusive penthouse collection

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?

The surge in affordability-led developments in Palm Beach is continuing with the recent launch of Corallo, where prices start from just over $800,000.

International developer&nbsp;<a href="https://www.apartments.com.au/developers/changfa-group">Changfa</a>&nbsp;has tapped into a pocket of relative affordability to the west of the Gold Coast Highway, where apartments can be sold at considerably lower price points than on the eastern side of the Gold Coast Highway.

Coralla, at 5 Palm Beach Avenue, just 130 metres to the beach, will rise 21 storeys and home 105 one-, two-, and three-bedroom apartments, as well as four exclusive penthouses. Several of the one and two-beds offer an additional study.

&nbsp;

[smartcode_project:default project_id=112194 project_image_fid=808]

Designed by <a href="https://www.apartments.com.au/architects/plus-architecture">Plus Architecture</a>, Corallo brings together soft coastal materials and sculptural forms to deliver a distinctly contemporary interpretation of beachside living.&nbsp;

Interiors are anchored by a refined natural palette, with fluted stone island benches, engineered timber flooring, and brushed copper finishes.&nbsp;Buyers can select from two interior schemes, each designed to suit both owner-occupier preferences and long-term coastal durability.

[smartcode_project:default project_id=112194 project_image_fid=799]

The four penthouses each span two levels and offer nearly 330 sqm of indoor and outdoor living. They feature rooftop terraces with private plunge pools,&nbsp;outdoor kitchens, and fire pit areas.

&nbsp;

The resident amenity is being positioned on level two, looking across to the beach opposite. That will feature a&nbsp;wet-edge pool, cold plunge, gym, sauna, steam room, yoga deck, fire pit and day beds.&nbsp;

A residents lounge and work-from-home zones are located on Level 3, while five commercial tenancies at podium level introduce retail and dining options to the corner of Palm Beach Avenue and the Gold Coast Highway.

[smartcode_project:default project_id=112194 project_image_fid=814]

Corallo enters the <a href="https://www.apartments.com.au/developments/palm-beach-qld-4221">Palm Beach</a> market at a time of renewed focus on owner-occupier-driven design and lifestyle amenity. The suburb has seen increasing demand from downsizers and local buyers seeking proximity to the beach, walkable dining, and low-maintenance living without compromising on space.

The development’s location places residents within walking distance of Tallebudgera Creek, Burleigh Heads village, Currumbin Alley and Palm Beach Currumbin High School. The Gold Coast Airport is under 10 minutes away, enhancing appeal for both owner-occupiers and short-stay users.

[smartcode_project_cta:default project_id=112194]

Corallo enters the Palm Beach market at a time of renewed focus on owner-occupier-driven design and lifestyle amenity

Coastal convenience minus the price tag: Changfa launches Corallo Palm Beach

The much-anticipated new residential release at Moonee Valley Park (MVP), the $3 billion redevelopment of the Moonee Valley Racecourse, has hit the market.

The latest stage, The Eveline, introduces a building with two architectural forms seamlessly connected by a communal lobby, The Eveline East and The Eveline West, a biophilic architectural approach by sought-after architecture practice <a href="https://www.apartments.com.au/architects/cera-stribley-architects">Cera Stribley</a>.

Positioned at the centre of the precinct and surrounded by 20 hectares of green open space, <a href="https://www.apartments.com.au/new-apartments/the-eveline-33-dean-street-moonee-ponds-vic-3039">The Eveline</a> draws on the site’s natural and historical context.&nbsp;

“The site’s proximity to the <a href="https://www.apartments.com.au/developments/moonee-ponds-vic-3039">Moonee Ponds</a> Creek inspired the beautiful organic curves to the building façade,” said Dom Cerantonio, Co-founder and Managing Principal at Cera Stribley.&nbsp;

“We wanted to continue the vegetation beyond the podium and right up the building to engage with residents on the upper floors."

[smartcode_project:default project_id=142519 project_image_fid=3137]

The $3 billion precinct is a joint venture between developer <a href="https://www.apartments.com.au/developers/hamton">Hamton</a> and leading industry superannuation fund Hostplus, in partnership with Moonee Valley Racing Club.

“The Eveline will be an exemplar of nature-based excellence, the uniqueness of these homes is grounded in biophilic design, its curved form, exceptional lifestyle amenities, breathtaking city views, and its setting within a sprawling 40-hectare botanical park," Hamton’s Executive Chairman Paul Hameister said.

[smartcode_project:default project_id=142519 project_image_fid=3143]

Residences range from one to three bedrooms, including three exclusive penthouse homes, with pricing from $525,000 to $4,995,000.

The Classic Residences overlook the Moonee Valley Park gardens and Moonee Ponds, featuring Smeg appliances and layouts of up to three bedrooms. The Grand Residences offer sweeping views of the Moonee Valley Racecourse and the city skyline, and are complemented by Miele appliances and natural stone finishes.

[smartcode_project:default project_id=142519 project_image_fid=3144]

The project incorporates a suite of 5-star amenities, including a porte-cochère drop-off, co-working hub, 25-metre lap pool with city views, and an expansive rooftop with lounge dining spaces, and communal vegetable gardens.

Additional wellness features include a gym and yoga room with views of the racetrack and skyline, as well as steam and sauna facilities.

[smartcode_project:default project_id=142519 project_image_fid=3135]

Hamton’s Managing Director Matt Malseed said The Eveline appeals to downsizers with its generous layouts and low-maintenance living.

“Cera Stribley’s diverse range of floorplan layouts makes the most of the surrounding green spaces and sweeping nature views.

“At The Eveline, there is a perfect residence for every household, and this diversity in design helps foster community and connection.

Located just six kilometres from the Melbourne CBD, Moonee Valley Park is fast emerging as a new residential enclave in the city’s north, with previous stages sold out. The precinct’s integration of green space, lifestyle amenity, and varied product mix has driven strong interest from a broad buyer demographic, particularly among downsizers seeking quality without compromise.

[smartcode_project_cta:default project_id=142519]

Hamton launches The Eveline at Moonee Valley Park, offering biophilic design and five-star amenities

It was in 2018 when diversified developer <a data-end="192" data-start="152" rel="noopener" target="_new">Citinova</a> decided to look beyond the Melbourne CBD for their next residential development opportunity.

They were searching for a suburb with little to no new apartment supply—positioning what they would create as a rare opportunity in a location where such offerings had not previously existed.

Their search led them to Greensborough, 17 kilometres northeast of the Melbourne CBD, where it had been years since a new residential development had launched.

Citinova acquired a prime 1,633 sqm site on Poulter Avenue, on the edge of the Greensborough Town Centre and just a stone’s throw from Greensborough Station.

They recently completed Albero, a boutique collection of just 45 one-, two-, and three-bedroom apartments. The final few residences are now selling.

[smartcode_project:default project_id=4722 project_image_fid=240437]

Albero stands out thanks to its scale and setting: a mid-rise development nestled among established parklands and within walking distance to the upgraded Greensborough Station, the Main Street retail precinct, and Greensborough Plaza.

Citinova collaborated with Point Architects, InvoDesign, and interiors studio Biasol to deliver Albero, with a design focus inspired by the surrounding natural environment and colour palettes drawn from the Australian bushland.

Apartments feature large balconies, flexible floorplans, and energy-efficient inclusions such as double-glazed windows and rainwater harvesting—elements that align with increasing interest in sustainability.

Shared terraces and upper-level outdoor zones extend the living environment and foster passive interaction between residents, while ground-level landscaping enhances the project’s leafy surroundings.

[smartcode_project:default project_id=4722 project_image_fid=240438]

Greensborough itself is a well-established suburb, now experiencing renewed interest due to its upgraded infrastructure, abundant green space, and steady demographic growth.

The suburb has been identified as a high-priority precinct by the Victorian Government and is forecast to see a 7% population increase by 2027.

[smartcode_project:default project_id=4722 project_image_fid=240441]

Accessibility remains one of Greensborough’s key advantages. Following recent transport upgrades, residents can now walk to the nearby train station and reach Melbourne’s city centre in under 40 minutes. A new pedestrian bridge connects the development to Para Road and the Plenty River Trail, improving walkability and local amenity.

Road connections via Greensborough Road and the Metropolitan Ring Road further enhance mobility to surrounding suburbs, including the airport and inner Melbourne.

The suburb also boasts strong community infrastructure, with multiple schools, healthcare services, and sporting facilities nearby. Public open spaces such as Kalparrin Gardens, Poulter Reserve, and the Plenty River corridor offer a rare mix of urban convenience and natural beauty.

Apartments at Albero are now complete and ready to move in.

[smartcode_project_cta:default project_id=4722]

Buying brand new where new doesn't exist: Inside Citinova’s Albero Apartments in Greensborough

<a href="https://www.apartments.com.au/developers/urban-property-group">Urban Property Group</a> is advancing a major residential and mixed-use development in <a href="https://www.apartments.com.au/developments/edmondson-park-nsw-2174">Edmondson Park</a>, with plans for 15 buildings delivering more than 1,800 apartments in one of Sydney’s fastest-growing transport-oriented precincts.

The development application covers a consolidated 3.2-hectare landholding across Buchan Avenue, within walking distance of Edmondson Park Station and adjacent to the future high school site.

The 15 buildings will range in size, from around four to 40 storeys. They will deliver around 1,827 apartments, at a minimum. Some of the apartments might be designated build-to-rent, and some co-living and affordable housing.

The largest of the three parcels, Site 5, will accommodate 871 apartments along with the full retail offering. Site 3 will house 552 apartments and Site 4, 404.

<img alt="UPG" data-entity-type="file" data-entity-uuid="f0c7a759-1b7d-48da-bac1-c715c787050a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-08-06%20at%202.09.19%E2%80%AFPM.png?VersionId=.u3mOVEwiMV7l1zHy_T1N34kVNo1gWbu" />

Development around Edmondson Park Station has been under consideration since 2010, when Landcom lodged a concept plan for the Edmondson Park South Precinct. The plan included 3,530 dwellings and a new town centre.

UPG later acquired five sites from Landcom. Two of these sites, which are not part of the current application, are located opposite Site Three. They have approval for 178, three-level townhouses.

The location’s proximity to key infrastructure—particularly the train station and Ed.Square Town Centre—has positioned Edmondson Park as a critical node in the Western Parkland City’s long-term housing strategy. Its dual frontages and adjacency to education and retail amenities further enhance its potential as a high-density urban hub.

Urban’s latest plans reflect growing momentum in higher-density development across south-west Sydney, with increasing buyer and investor interest in well-connected precincts that integrate transport, retail, and community infrastructure.

Development around Edmondson Park Station has been under consideration since 2010, when Landcom lodged a concept plan for the Edmondson Park South Precinct

First look: Urban Property Group plans 15-building precinct near Edmondson Park Station with over 1,800 apartments

Sunshine Coast developer <a href="https://www.apartments.com.au/developers/cube-developments">Cube Developments</a> has secured a prime Golden Beach site for $10.775 million, with plans already lodged for a new lifestyle development as demand for quality residential opportunities across the region continues to surge.&nbsp;

A national expressions of interest campaign led by Colliers agents Nick Dowling and Baydn Dodds resulted in the sale of the 11,236 sqm site at 9 Onslow Street Golden Beach, just 100 metres from the beach.

Cube has submitted a development application for a five-storey, 60-unit residential project to be delivered on a 2,034 sqm portion of the site. Featuring sweeping ocean and Glasshouse Mountain views, resort-style amenities including a pool, recovery spa, food and beverage outlet and &nbsp;commercial space it is designed to appeal to downsizers and lifestyle seekers and represents a &nbsp;major step in the reinvigoration of Golden Beach.&nbsp;

<img alt="9 Onslow St" data-entity-type="file" data-entity-uuid="63e0c976-af65-408c-b531-0e44f44ee598" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/01_CUBE_9OnslowSt_artist%20impression%20EXTERNAL%2001.jpg?VersionId=IUC5T0BpnyT7_DMOtDIxis0DfCd30LRJ" />

Cube’s planned development on the Onslow Street site will join its growing Sunshine Coast portfolio of high calibre projects, which includes Oasis at Bokarina Beach and Nature at Cotton Tree.&nbsp;

Cube Developments Director Scott Juniper said Golden Beach was fast becoming one of Queensland’s most sought-after property destinations.&nbsp;

“The once sleepy suburb of Golden Beach has well and truly arrived,” Juniper said.&nbsp;

“World-class infrastructure projects, coupled with an unmatched water-based lifestyle, are fuelling &nbsp;growing demand in the area.”&nbsp;

The Onslow Street site is currently occupied by Golden Beach Holiday Park improved with a 12-room &nbsp;motel-style complex, 70 powered caravan sites, a manager’s residence, and amenities. It is zoned for &nbsp;a maximum 18-metre height limit, allowing for sweeping water views from future development.&nbsp;

Colliers Sunshine Coast Managing Director Nick Dowling said the transaction added to a string of &nbsp;major development plays in <a href="https://www.apartments.com.au/developments/caloundra-qld-4551">Caloundra</a>, one of Australia’s most supply-constrained and tightly held &nbsp;coastal markets.&nbsp;

“We saw really strong interest in the site with developers drawn to its walkable amenity, laid-back &nbsp;lifestyle, and the coasts’ growing infrastructure pipeline,” Nick Dowling said.&nbsp;

“The site provided an ideal opportunity for developers to take advantage of a rapidly growing pocket of the Coast.”&nbsp;

The Sunshine Coast new apartment market is booming, with Gardner Vaughan recently securing a site on Bulcock Street, and RCQ planning another three towers down the road.

Colliers agent Baydn Dodds said&nbsp;transaction reflects the ongoing strength of the Sunshine Coast market and the high level of &nbsp;demand for development opportunities in lifestyle destinations like Caloundra.

“The Sunshine Coast is forecast to grow by nearly 240,000 people to 2046, requiring almost 90,000 &nbsp;new homes. That equates to around 3,600 new dwellings per year just to keep up.&nbsp;

“The region is one of only three markets nationally to record an increase in crane activity, showing &nbsp;renewed momentum across the development pipeline—particularly in the residential sector."

Strong developer appetite for Sunshine Coast continues as Colliers transact another Caloundra site, cementing the area’s status as a growth hotspot

Cube secures Golden Beach site amid fierce development demand 

Builder-developer McNab has received development approval for <a href="https://www.urban.com.au/new-apartments/tannery-residences-439-montague-road-west-end-qld-4101">The Tannery Residences</a> in Brisbane’s West End – a project that will set a new benchmark for integrating heritage preservation with modern wellness-focused living.

The original 19th-century Dixon’s Tannery – a rare piece of Brisbane’s industrial history – will be carefully preserved and reimagined as ‘the Retreat’, a communal wellness space at the heart of the vibrant 10-storey residential precinct.

McNab Founder and Executive Chairman Michael McNab said the project provided a unique opportunity to pay tribute to Brisbane’s rich tannery history as part of the premium residential building.

“This isn’t just about building homes, it’s about preserving Brisbane’s past while creating spaces that genuinely support residents’ wellbeing,” McNab said.

“Properties that honour history while delivering modern design have unique appeal and there’s a growing demand for spaces with both character and legacy.

“This is the first truly integrated wellness and heritage project of its kind in Brisbane, and we’ve worked closely with heritage consultants and designers to ensure it respects and elevates the site’s legacy.

“By incorporating over 1,100sqm of dedicated communal space across the ground level and rooftop, The Tannery responded directly to this shift we’re seeing in buyer priorities.”

<img alt="The Tannery Residences" data-entity-type="file" data-entity-uuid="b0eb7a21-7ee0-4aa1-904f-d08479dbde73" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/McNab%20The%20Tannery_Render_04.jpg?VersionId=09frXJDsj2YRtT.Ut9CQQXrUmQT6orI." />

Designed in collaboration with <a href="https://www.apartments.com.au/architects/cottee-parker-architects">Cottee Parker Architects</a>, <a href="https://www.apartments.com.au/landscape-architect/aspect-studios">Aspect Studios</a>, and Tom Mark Henry, The Tannery will deliver 81 two-, three-, and four-bedroom residences.

Residents will enjoy expansive rooftop amenities, including a pool and landscaped gardens, outdoor dining areas, a sunset lawn, and dog-friendly zones.

The Retreat, thoughtfully integrated into the original tannery building, will include a sauna and steam room, hot and cold plunge pools, an outdoor shower and tropical seating area, a large commercial-grade gym with dedicated cardio and weights zones, and a Pilates and stretch studio.

Additional resident spaces include a private dining room, cinema, library, and co-working areas – all designed to foster connection and wellbeing, within a setting rich in character and history.

Jade Nottage from Tom Mark Henry said The Tannery Residences sought to blend the original building’s heritage elements with a modern subtropical design.

“We were inspired by the rich history of West End and the former heritage tannery. With a site with such diverse history, we wanted to create something that really feels connected to its past – a place that brings back and celebrates traditional crafts, community, nature, and well-being,” Nottage said.

<img alt="The Tannery Residences" data-entity-type="file" data-entity-uuid="346150e6-d0c8-4c24-ac17-51c8d3499a44" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/McNab%20TheTannery-Render%20Entry%20copy.jpg?VersionId=4rdoxyphniq2m_z2NmfKkTVFlXDgdkmc" />

“Our goal was to create an authentic and serene sanctuary – a retreat from the city that breathes new life into the old tannery and its story."

The 4,465 sqm site at 439 Montague Road will also retain a significant and much-loved mature Hoop Pine to the driveway entrance with extensive design planning undertaken to ensure its preservation.

The Tannery follows a string of recent successes for <a href="https://www.apartments.com.au/developers/mcnab-developments">McNab</a>, including White Main Beach – awarded Queensland’s Best Apartment Building over $50 million – and strong sales at Elements Budds Beach, where more than 75 per cent of apartments are sold and construction is well underway.

Construction of The Tannery Residences is scheduled to commence in the third quarter of 2025, with completion expected in late 2027.

McNab secures approval to transform West End's Dixon’s Tannery into The Tannery Residences

Leading Gold Coast developer Sherpa Property Group has sold all of the 35 apartments in their coastal Palm Beach apartment development, Perspective Nexus, ahead of its September completion.

“To have now sold-out of Perspective Nexus before completion is just a fantastic result,” said Christie Leet, Founder of Sherpa Property Group.&nbsp;

“The sales have largely been driven by local downsizers, many live in Palm Beach already, who have been captivated by the beach lifestyle that Nexus will offer.

“We started designing this project in 2023, and to be just months out of from completion with all residences now sold is truly rewarding, and a testament to the hard work our team have put in, but the journey doesn’t finish here.”&nbsp;

Sherpa will be servicing the residents beyond settlement including managing any rentals.

[smartcode_project:default project_id=108324 project_image_fid=250149]

"We have also hired a full-time concierge service who will assist with the move in process to show residents how to use their appliances, have someone set up their flat packs or run to Bunnings – whatever we can do to make the move-in that bit easier," Leet added.

Located at 949-953 Gold Coast Highway, Palm Beach, Perspective Nexus will deliver a collection of 35 apartments, including two half-floor penthouses, and three two-storey sky homes, with those on the upper levels capturing&nbsp;views of Currumbin Alley to the Pacific Ocean.

Residents at Perspective Nexus will enjoy exclusive access to a suite of resort-style amenities, including a wellness centre with magnesium spa, sauna and steam room, as well as pool, outdoor BBQ area, and alfresco dining area.

[smartcode_project:default project_id=108324 project_image_fid=245951]

“Palm Beach really means a lot to us at Sherpa. It’s a special place, and we’re proud to be contributing to its next chapter,” Leet said.

“We’ve put a lot of thought into creating something that fits the area and enhances the lifestyle locals already love."

[smartcode_project:default project_id=108324 project_image_fid=250148]

Perspective Nexus marks the latest success in Sherpa’s ‘Perspective’ portfolio, following the strong momentum at Perspective Helm on Chevron Island, which is now 90% sold.&nbsp;

The record-breaking $10 million sale of Penthouse 10 at Helm earlier this year has reinforced Sherpa’s position as a leading creator of premium, owner-occupier residences across the Gold Coast.&nbsp;

With construction on track for completion in September by LPS Group, Perspective Nexus is set to become Palm Beach’s most exclusive new address.&nbsp;

[smartcode_project_cta:default project_id=108324]

Sherpa sells out Perspective Nexus, Palm Beach apartment development

Residents will soon be handed the keys to the boutique collection of four-bedroom townhomes at&nbsp;<a href="https://www.apartments.com.au/new-townhouses/burton-place-ashburton-12-14-high-street-road-ashburton-vic-3147">Burton Place</a>, with move-ins expected in just three weeks.

Farey &amp; Co are now offering private inspections, with limited residences remaining as construction approaches completion.

In an area where development is rare and competition for quality homes remains strong, <a href="https://www.apartments.com.au/new-townhouses/burton-place-ashburton-12-14-high-street-road-ashburton-vic-3147">Burton Place</a> introduces a practical solution for those looking to stay in Ashburton without giving up space, comfort, or design quality.

[smartcode_project:default project_id=4398 project_image_fid=309303]

Developed by <a href="https://www.apartments.com.au/developers/leeka-group">Leeka Group</a>, Burton Place comprises just eight four-bedroom townhomes across three levels, offering features more commonly found in the standalone family homes that define the area.

Set back from High Street Road behind landscaped pathways and a wide, private driveway, the development is arranged across two symmetrical blocks of four homes.

The architecture favours robust, enduring materials, contemporary brickwork, full-height glazing, and minimal detailing, designed to offer both longevity and ease of maintenance.

[smartcode_project:default project_id=4398 project_image_fid=309299]

Each home includes a double lock-up garage with direct internal access, a dedicated study for flexibility, and both balconies and private courtyards that provide outdoor space without requiring ongoing upkeep.

Interiors prioritise clarity and function: kitchens feature Bosch appliances, stone benchtops, and custom joinery, while open-plan living areas flow naturally to outdoor zones. Full-height windows ensure ample natural light across all three levels.

Master bedrooms include generous walk-in robes and ensuites finished in polished stone with brushed nickel fixtures. Secondary bedrooms are carpeted, well-proportioned, and serviced by discreet, well-appointed bathrooms.

The overall layout supports privacy between zones while maintaining accessibility across each level.

[smartcode_project:default project_id=4398 project_image_fid=3027]

Burton Place’s location supports a car-light lifestyle, just minutes from <a href="https://www.apartments.com.au/developments/ashburton-vic-3147">Ashburton</a> Village and close to local green spaces including Ashburton Park and Markham Reserve.

With cafés, grocers, healthcare services, and public transport nearby, the project caters to buyers seeking amenity-rich living just 25 minutes from the CBD.

Construction is over 85 per cent complete, with settlement and move-ins expected early next month.

[smartcode_project_cta:default project_id=4398]

Leeka Group to welcome buyers to Ashburton's Burton Place next month

Reputable builder-developer TOGA is reviving its mixed-use masterplan precinct in Sydney's Five Dock.

The&nbsp;new State Significant Development Application and rezoning proposal is for nearly 700 dwellings across four buildings on the prime Parramatta Road site.

There will be three shoptop housing towers ranging from 14 to 28 storeys, and one eight-storey build-to-rent (BTR) building with co-living units and co-working space. There will be 50 affordable housing units. The masterplan will also include ground-level retail anchored by a full-line supermarket

<img alt="51-55 Parramatta Road, Five Dock" data-entity-type="file" data-entity-uuid="7779f1ce-4e41-4366-967f-a9025c023052" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Five%20dock%20location.png?VersionId=wQzc1r_9f.m5jokX_DiJ9ItcdUqYJapQ" />

Architecture firm Bates Smart has been engaged to draw up the plans.

They said their vision is for a "sustainable and permeable mixed-use precinct that builds on the urban design principles established in the recently rezoned Kings Bay Precinct."

The project spans a consolidated 18,500 sqm site fronting Parramatta and Queens Roads. TOGA’s concept integrates residential, retail, and community uses with substantial public realm upgrades.&nbsp;

A new 2,090 sqm public park, widened road frontages, a through-site pedestrian and cycle link, and a new local street are proposed as part of the transformation of the Kings Bay Precinct, an area identified under the Parramatta Road Corridor Urban Transformation Strategy (PRCUTS) for high-density redevelopment

The scheme includes:

<ul>
	<li>Three residential towers (Buildings 1–3) with shop top housing (14–28 storeys)</li>
	<li>One eight-storey BTR/co-living building (Building 4)</li>
	<li>674 total dwellings, including a mix of studio to four-bedroom apartments</li>
	<li>Retail and potential community space at ground level</li>
	<li>Three-level basement for car parking and supermarket</li>
	<li>New east-west and north-south connections through the site</li>
	<li>7.5 per cent affordable housing provision, in perpetuity</li>
</ul>

<img alt="51-55 Parramatta Road, Five Dock" data-entity-type="file" data-entity-uuid="e91e8db0-f734-483a-9e04-87725253f72b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Five%20dock%20precinct.png?VersionId=tkXiCp1dEUZMB1Vs7AZhJwFYq4XtWTlU" />

The submission follows the refusal of a previous scheme, known as Five Dock Village, that proposed over 1,000 homes across four towers. The 2024 rejection by Canada Bay Council cited excessive height, bulk, and non-alignment with PRCUTS objectives.

In contrast, the current approach focuses on design excellence and planning alignment, facilitated by a concurrent rezoning and SSD pathway under the Housing Delivery Authority. TOGA will pursue a streamlined design review process via the State Design Review Panel, waiving a competitive design competition while ensuring architectural quality through oversight and review

“The revised scheme responds to council and state feedback and delivers a more integrated outcome,” the scoping report notes, highlighting the project’s focus on active ground-level uses, walkability, and local character.

<img alt="51-55 Parramatta Road, Five Dock" data-entity-type="file" data-entity-uuid="11c1be94-1009-4a51-b7bb-061accb2699e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Five%20dock%20pers.png?VersionId=UVhKtIsr55no2V15fnlJsSdqxPFxw.1U" />

The site falls within the Kings Bay Precinct, an emerging redevelopment zone along Parramatta Road that includes projects such as 129-155 Parramatta Road and 53-75 Queens Road. It sits less than a kilometre from the future Five Dock Metro Station, currently under construction as part of the Sydney Metro West line, strengthening the project’s public transport connectivity and alignment with NSW’s 30-minute city goal

The development is also expected to make a significant contribution to the NSW Government’s housing targets, with the Canada Bay LGA required to deliver 5,000 new homes by 2029.&nbsp;

The proposal supports key pillars of the NSW Housing Strategy and National Housing Accord, with a mix of tenures, affordable housing, and timely delivery potential.

TOGA to push on with Five Dock mixed-use masterplan

<a href="https://www.apartments.com.au/developments/caulfield-north-vic-3161">Caulfield North</a> isn’t short on prestige, but it is short on boutique new apartment developments with spacious floorplans.

Cue Dolce Apartments, the newest development by&nbsp;<a href="https://www.apartments.com.au/developers/skylife-group-pty-ltd">Skylife Group</a>, which offers just nine apartments on Hawthorn Road.

Dolce Apartments occupies a coveted position near Caulfield Park, encircled by Melbourne's finest schools, parks, and culinary destinations. Its low-rise form by Metaxas Architects channels timeless design principles, wrapped in a restrained yet luxurious material palette.

Every residence embraces natural light and outlooks, thanks to expansive glazing and thoughtfully arranged floorplans.

Ranging from 80 sqm to nearly 160 sqm internally, with terraces or balconies extending up to 30 sqm, the homes offer a diversity of configurations, from two-bedroom residences to three-bedroom layouts with up to three bathrooms.&nbsp;

[smartcode_project:default project_id=148933 project_image_fid=335511]

The interiors are unified by a calm, light-infused aesthetic. Organic white walls, soft walnut timber joinery, and Aurora Range European Oak flooring are paired with plush carpeted bedrooms, creating a harmonious tactile experience.

The kitchens at LUMA serve both as culinary workspaces and statement design features. Buyers can choose between a lightGlacier Honed or dark Turko Argento natural stone benchtop, with timber-look Polytec Ravine joinery and fluted glass cabinetry providing contrast.&nbsp;

Miele appliances complete the package, tailored to residence size, with premium upgrades for three-bedroom homes including an 80cm induction cooktop and Gen 7000 speed oven.

Bathrooms echo the same sensibility, with natural stone, black EXON fixtures, and frameless glass showers. Select residences offer freestanding baths.&nbsp;

[smartcode_project:default project_id=148933 project_image_fid=335513]

Private outdoor spaces, secure parking, and options for EV charging reflect a practical yet elevated lifestyle focus.

As the development progresses toward its late 2026 completion, construction is in the hands of <a href="https://www.apartments.com.au/builders/rf-construction-management-pty-ltd">RF Construction Management</a>, bringing over 30 years of local high-end building expertise.

Dolce Apartments also offers a five per cent deposit structure, allowing buyers time to plan while securing their place in this tightly held precinct.&nbsp;

[smartcode_project_cta:default project_id=148933]

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