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

Joel Robinson

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

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

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

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

ALTA Property to deliver $200 million Queens Road apartment tower

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

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

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

First look: NewQuest Property proposes new St Ives apartment development

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

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

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

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

Every First Home Owner Grant for new property by state

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

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

Staff Writer

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

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

alisonwarters@gmail.com

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

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

Ellen Walker

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

<a href="/developers/lewis-land-group">Lewis Land Group</a> has officially launched the next release within its landmark Gold Coast masterplan, Harbour Shores.

The new release, Palm House, builds on the momentum of the first stage of the Biggera Waters community, which is already under construction and over 50 per cent sold.

Palm House introduces an exclusive collection of just 60 two and three-bedroom apartments across a seven-level building. These homes feature open-plan interiors, expansive balconies, and contemporary finishes.

[smartcode_project:default project_id=113271 project_image_fid=336743]

Generously sized kitchens with large islands, seamless indoor-outdoor flow, and secure basement parking with additional storage underscore the thoughtful attention to detail.

Every apartment embraces <a href="/new-apartments/harbour-shores-biggera-waters-564-oxley-drive-biggera-waters">Harbour Shores</a>’ signature coastal palette of soft tones and organic textures, maximising natural light and enhancing the serenity of its waterside setting.

[smartcode_project:default project_id=113271 project_image_fid=290044]

Residents of the new release will enjoy full access to Harbour Shores’ unmatched suite of resort-style amenities. The community boasts a 25-metre lagoon pool, a state-of-the-art gym, yoga studio, sauna, tennis courts, and an expansive 1.2km waterfront boardwalk.&nbsp;

For families and outdoor enthusiasts, The Green parklands and a network of walking and cycling paths provide abundant green space to relax and play.

The Clubhouse, a social hub with indoor-outdoor entertaining spaces, will anchor community life. On-site cafés and eateries, as well as proximity to Harbour Town Premium Outlets, ensure day-to-day convenience with a lifestyle edge.

[smartcode_project:default project_id=113271 project_image_fid=290031]

As part of Lewis Land’s long-term sustainability vision, the entire Harbour Shores precinct – including this latest release – is targeting a 6 Star Green Star rating.&nbsp;

Eco-conscious initiatives include solar energy, EV charging infrastructure, water-retention systems, and the planting of over 200,000 native and tropical species across the site.

Apartments in the new release start from just under $1 million. Limited marina berths are also available.

[smartcode_project_cta:default project_id=113271]

Apartments in the new release start from just under $1 million. 

Lewis Land unveils Palm House, Harbour Shores latest stage

Local South East Queensland builder-developer Gardner Vaughan Group has kicked off another in a long line of new mixed-use developments in Brisbane's inner ring.

This time they're developing in Nundah, where the family-run business has called its HQ for over a decade.

They've just put shovel to ground on <a href="/new-apartments/danby-lane-nundah-village-5-danby-lane-nundah">Danby Lane</a>, a mixed-use commercial and residential development just of 84 two, three and four-bedroom apartments that will sit above a series of retail and commercial spaces. As a sign of trust in what they deliver, <a href="/developers/gardner-vaughan-group">Gardner Vaughan</a> will relocate their current <a href="/developments/nundah-qld-4012">Nundah</a> office to one of the commercial spaces.

[smartcode_project:default project_id=112531 project_image_fid=320117]

GVG Commercial Director, Sam Gardner, said the ground-breaking is "about building momentum."

“Danby Lane represents our commitment to delivering places with purposes, designed for real people living real lives right here in Nundah," Gardner says.

"As a long-standing, family-owned builder and developer based in Nundah, we are committed to keeping our neighbours and surrounding residents informed of every step relating to the build of Danby Lane. Transparency and open communication are key to delivering a project that respects and enhances the community we’re proud to be part of.”

[smartcode_project:default project_id=112531 project_image_fid=340186]

Simon Betteridge, CEO of GVG, described Danby Lane as more than just an apartment complex, calling it a "lifestyle destination."

“Our vision for Danby Lane goes beyond just building apartment homes, we’re creating a community," Betteridge says.

"Having called Nundah GVG’s home for over a decade, we wanted this development to reflect the spirit of the area - where history, modern living and a strong sense of connection come together. A key part of this vision was to create a new gateway to Nundah, acting as a landmark for the area and contributing to its ongoing revitalisation.

The project’s brick arch façades are a respectful nod to Nundah’s architectural past, while establishing a striking, modern identity for the future.

[smartcode_project:default project_id=112531 project_image_fid=320114]

The 12-level building will feature a&nbsp;vibrant ground-floor retail and an array of resort-style resident amenities, including a pool, gym, function room and rooftop recreational area with sweeping city views.

Brisbane City Councillor Adam Allan reinforced Council’s support for urban renewal that aligns with long-term sustainability and liveability goals.

“Danby Lane will bring fresh energy into the heart of Nundah,” Councillor Allan said.

“It’s a smart, community-first development that reflects the way locals want to live, walkable, connected and full of life.”

Construction of Danby Lane is now underway, with completion anticipated in 2027.

[smartcode_project_cta:default project_id=112531]

The 12-level building will feature a vibrant ground-floor retail and an array of resort-style resident amenities, including a pool, gym, function room and rooftop recreational area with sweeping city views

Gardner Vaughan kicks off construction at Danby Lane, Nundah

Until now, it has been nearly impossible to obtain a Passivhaus home without building one yourself.

C. Street Projects has collaborated with award-winning Neil Architecture to bring the world’s best standard for energy efficiency to Melbourne’s leafy Hawthorn.

These rare three-bedroom homes are continuously ventilated with fresh, filtered air, significantly reducing allergens and pollutants in the home.

[smartcode_project:default project_id=112386 project_image_fid=338634]

Designed to maintain a comfortable 23 degrees during all seasons of the year while using 70 per cent less energy than a typical Victorian home, the Passivhaus-certified homes are also incredibly quiet, thanks to triple-glazed windows, straw panel insulation, and intelligent airtight membranes. Additionally, they are equipped with EV chargers, PV solar, and battery storage, operating as net zero energy buildings for the ultimate sustainable lifestyle.

Kin Seng Choo and Michael Robertson, the duo behind C. Street Projects, have spent the last five years developing a method and design approach to scaling certified Passivhaus projects suited to the unique challenges of Australian conditions.

“Australians should have access to sustainable homes built to global best practice. Turnkey homes certified to the Passivhaus standard provide that independent verification and surety of quality,” says Choo.

“Passivhaus certification is the exemplary benchmark for high-performance building, recognised globally. While relatively new in Australia, this model is well established in Europe, the United States and Canada. The guaranteed performance from its stringent certification process is a major selling point."

[smartcode_project:default project_id=112386 project_image_fid=338637]

C. Street is committed to improving the quality of buildings with international best practices and innovates approaches that pair architectural design with excellent performance.

“It has been a challenge to deliver Passivhaus certification consistently and reliably because there is a rigorous testing and commissioning process at the end.

We’ve worked tirelessly on our approach to ensure this can be done at scale. Living in a Passivhaus is an awesome experience. It will change your perspective on what’s important in a home – away from surface finishes, to focusing on what’s under the hood and what true comfort really means,” says Robertson.

[smartcode_project:default project_id=112386 project_image_fid=338647]

Choo says great architecture and material finishes must be paired with energy-efficient design and the quality of execution.

"Building your own certified Passivhaus is daunting, but now <a href="/buildings/echo-hawthorn-360-auburn-road-hawthorn">ECHO</a> provides a brand new, turnkey solution available to the market. Buyers have a choice."

Jellis Craig Projects Director, Stephen Bowtell, is marketing ECHO Hawthorn.

[smartcode_project_cta:default project_id=112386]

First certified Passivhaus homes in Australia complete in Hawthorn

Leading Australian developer and builder, Coronation Property Group, has officially broken ground to mark the start of construction at its new $250 million mixed-use residential and commercial development at Chatswood.

Located at <a href="/new-apartments/57-61-archer-street-chatswood">57-61 Archer Street</a>, close to the Chatswood Chase and Westfield Shopping Centres, the 32-level&nbsp;development has been recognised as a State Significant Development (SSD) by the NSW Government’s Housing Delivery Authority (HDA). It will deliver over 150 one, two, three and four-bedroom apartments.

Designed by global architectecture firm Woods Bagot, the project will also feature 2,500 sqm of retail and commercial space on the ground level, with a restored heritage building repurposed for fine dining, wellness facilities, and a communal landscaped open space for residents.

The sod turn event was led by Coronation’s Head of Urban Transformations, Aras Labutis, and attended by Coronation’s Executive and Development Teams; Project Partners and consultants, Urban Taskforce CEO Tom Forrest and the Member for Willoughby and Shadow Minister for Small Business and Shadow Minister for Fair Trading, Work Health and Safety and Building, Tim James.

<img alt="Coronation" data-entity-type="file" data-entity-uuid="3809aa87-7bc1-48e2-abcb-a762e4f808e2" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-04-17%20at%203.14.07%E2%80%AFPM.png?VersionId=iRs0eUwAZukpOkxAY11FzRiltnHE0oJ_" />

Coronation’s Managing Director Joe Nahas said he was proud that the Chatswood project represented Coronation’s first move into Sydney’s bustling North Shore market.

"We’re excited to mark the start of works on our new mixed-use development in the heart of Chatswood,” Nahas said.

“The close proximity to two major shopping centres, health services, eateries, the Chatswood Concourse arts and entertainment venue, schools, and major transport hubs, will create a vibrant, accessible new community for those looking to move to the heart of the Chatswood CBD.

"Our apartments will also offer local essential health and retail workers the opportunity to live in a beautifully designed apartment close to where they work, alleviating long commute times for them.

Nahas said&nbsp;Coronation is proud they are ‘on the ground’, continuing to deliver a solid pipeline of quality new apartments in activated, well-connected areas across Sydney.

Up to 400 jobs will be created through the life cycle of the development which is expected to be completed by Q1 2027, contingent on SSD planning approvals.

Coronation’s Managing Director Joe Nahas said he was proud that the Chatswood project represented Coronation’s first move into Sydney’s bustling North Shore market.



Coronation Property Group breaks ground at new Chatswood apartment development

Gold Coast-based builder-developer MAYD has officially started construction on its landmark project, One Burleigh, a collection of ultra-luxury full-floor residences overlooking&nbsp;Burleigh Heads.

<a href="/new-apartments/one-burleigh">One Burleigh</a>, located at 88 The Esplanade, will comprise 16 full-floor residences, each offering expansive oceanfront living with unmatched privacy. Construction is being undertaken by MAYD in partnership with Formplus, with completion expected by summer 2026.

[smartcode_project:default project_id=146358 project_image_fid=323054]

“In times of economic uncertainty, tangible assets like high-quality real estate continue to offer stability and long-term value,” Todd Mould, Director of MAYD, said.

“Stock markets around the world may be fluctuating, but real estate – particularly at the premium end – remains one of the most resilient and proven long-term investment avenues. Our commitment to delivering exceptional residences like One Burleigh reflects our confidence in the enduring appeal of the Gold Coast’s luxury property market.”

[smartcode_project:default project_id=146358 project_image_fid=323056]

MAYD’s portfolio of prestigious developments includes the nearly completed Prominence in Mermaid Beach, a $35 million boutique apartment building featuring eight luxury residences. Additionally, the company has received approval for a $350 million mixed-use development in North Kirra, encompassing a five-star hotel and 60 premium private residences.

“MAYD focuses on carefully chosen, handcrafted projects,” Mould added.

“Every development we take on is selected with intention — where location, design, and quality lead the way. Our ambition is that anyone who buys a MAYD-built product can genuinely feel the care, craftsmanship and commitment we bring to every detail.”

[smartcode_project:default project_id=146358 project_image_fid=323052]

The apartments in One Burleigh have been designed by&nbsp;MAS Architecture Studio and will each feature&nbsp;four bedrooms, 3.5 bathrooms, and three car spaces. Internal living areas span up to 381 sqm, complemented by generous outdoor spaces, culminating in total floor plans of up to 425 sqm.

“One Burleigh is more than a residence; it’s a sanctuary that offers an exclusive lifestyle experience,” Mould said.

“Our vision is to create homes that harmonise with the natural beauty of Burleigh Heads while providing the utmost in luxury and comfort.”

Residents will enjoy uninterrupted panoramic ocean views through floor-to-ceiling glass, maximising natural light and sea breezes. The design emphasises wellness, featuring serene coastal landscaping and exclusive access to a residents’ spa and lounge.

Nearly 50 per cent of the apartments have already been snapped up. Prices are starting from&nbsp;$8.85 million and rise to $15 million plus.

[smartcode_project_cta:default project_id=146358]

&nbsp;

“One Burleigh is more than a residence; it’s a sanctuary that offers an exclusive lifestyle experience,” MAYD Director Todd Mould said.

MAYD kicks off construction of ultra-luxury ONE Burleigh apartment development in Burleigh Heads

TOGA is making great strides in the construction of its&nbsp;latest Macquarie Park apartment project, <a href="/new-apartments/macquarie-rise-122-herring-road-macquarie-park">Macquarie Rise</a>.

The iCIRT-rated builder-developer has installed the first crane on the Herring Road site, which by mid-2027 will home 265 apartments and 5,000 sqm office and retail space across three towers.

[smartcode_project:default project_id=89243 project_image_fid=242696]

Anthony&nbsp;Falas, Head of Sales at TOGA, says&nbsp;<a href="/developments/macquarie-park-nsw-2113">Macquarie Park</a> continues to show strong fundamentals for both investors and owner-occupiers, offering a vibrant community and exceptional connectivity.

"The sales success of Macquarie Rise reflects the outstanding design, premium amenities, and prime location of the project," Falas says.

"The strong market demand for our high-quality, flexible apartments underscores the trust in TOGA’s ability to deliver exceptional living spaces."

Over 25 per cent of sales have come from previous purchasers or referrals from those purchasers.&nbsp;Over 100 of the apartments were sold off the plan within weeks of launch last year.

[smartcode_project:default project_id=89243 project_image_fid=242698]

Designed by Turner Studio with interiors by Stack Studio, Macquarie Rise draws inspiration from hospitality design to create homes that are elegant, functional, and adaptable.

Many apartments include a versatile multi-purpose room – an increasingly popular feature as residents seek flexible spaces to accommodate home offices, studios, or nurseries.&nbsp;

Future residents will enjoy exclusive access to Club Rise, which features a 20-metre rooftop lap pool, a business lounge with bookable meeting rooms, a gym and yoga studio, and even a karaoke and cinema room – all designed to support a balanced and connected lifestyle.

[smartcode_project:default project_id=89243 project_image_fid=310789]

Macquarie Rise is strategically located within walking distance of Macquarie University, Macquarie Centre, and the Metro Station, enabling direct access to Sydney CBD and Barangaroo in under 20 minutes via the newly opened Metro line.

As TOGA advances toward vertical construction, excitement continues to build around the precinct’s contribution to Macquarie Park’s evolution as a thriving urban village.&nbsp;

The $400 million development – being delivered in partnership with Baptist Union NSW and Morling College – is set for completion in mid-2027.

[smartcode_project_cta:default project_id=89243]

Anthony Falas, Head of Sales at TOGA, says Macquarie Park continues to show strong fundamentals for both investors and owner-occupiers, offering a vibrant community and exceptional connectivity

TOGA installs first tower crane at Macquarie Rise as construction gathers pace

The Brisbane 2032 Olympic and Paralympic Games are already shaping the future of the Sunshine Coast, with surging demand for homes at <a href="/new-apartments/sol-by-walker-maroochydore-first-ave-maroochydore">SOL by Walker</a> in the Maroochydore City Centre driven by the Queensland &nbsp;Government’s roadmap to 2032.&nbsp;

Demand for the apartment collection at SOL by Walker has soared with more than half of the first release already secured, reinforcing strong buyer confidence in the region’s future.&nbsp;

[smartcode_project:default project_id=147777 project_image_fid=319846]

<a href="/developers/walker-corporation">Walker Corporation</a> Group Executive of Development Peter Saba said the team has seen strong enquiries &nbsp;for homes in the heart of the City Centre.&nbsp;

“The Queensland Premier’s recent announcement, including the proposed Maroochydore Horizon Centre &nbsp;precinct in their Brisbane 2032 Olympics Plan will provide a major boost to residents and businesses in the <a href="/developments/maroochydore-qld-4558">Maroochydore</a> City Centre and the entire Sunshine Coast region,” Saba said.&nbsp;

“The flow on effect is already being felt with many buyers looking to secure their future home or investment &nbsp;in SOL by Walker as a prime opportunity to live in one of Australia’s most exciting coastal cities, capitalising &nbsp;on the region’s liveability, accessibility and world-class infrastructure plans.”&nbsp;

“We are seeing a cross section of buyers purchase at SOL by Walker, from First Home Buyers to professional &nbsp;couples and families looking for exceptional quality and high-end amenities, along with great access to a brand-new City Centre and all just minutes from the beautiful beaches of the Sunshine Coast.”

&nbsp;

[smartcode_project:default project_id=147777 project_image_fid=319848]

The proposed landmark $1 billion Horizon Centre development will feature a multi-purpose arena, 1,400-bed athlete village and a five-star hotel, delivering a long-lasting Olympic and Paralympic legacy for the Sunshine Coast.&nbsp;

<a href="/news/qld/walker-corp-continue-sunshine-coast-evolution-with-olympic-scale-sporting-precinct">The Horizon Centre</a> will establish a vibrant civic, cultural and entertainment precinct integrated with the new WAVE transport system which will run through the Maroochydore City Centre and into the Sunshine Coast Airport.&nbsp;

The next-generation transport solution ensures SOL by Walker residents enjoy seamless access to key destinations across the Sunshine Coast and Brisbane, making city living more convenient than ever.&nbsp;

<img alt="Horizon Centre" data-entity-type="file" data-entity-uuid="0122dd90-68c0-4e22-ab93-fc2f15f930c8" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Artist%27s%20impression%201%20-%20Cultural%20Precinct.jpeg?VersionId=dSJ70tmAyM_MonhAZhm122ugeIjLBjlF" />

“The Horizon Centre precinct will not only host Games action but will provide a lasting post-Games legacy, including a high-quality restaurant and entertainment district providing the Sunshine Coast with a world-leading venue for concerts, events and cultural experiences well beyond 2032,” Saba said.&nbsp;

SunCentral CEO Amanda Yeates said Maroochydore City Centre has become an economic powerhouse for the Sunshine Coast.

“In 10 years, we have seen Maroochydore City Centre transformed from a golf course to the makings of a real city, and with incredible projects underway all around us at SOL by Walker, 50 First Avenue, Maroochy Private Hospital and now new legacy infrastructure, the next decade is shaping up to be even bigger,” Ms Yeates said.&nbsp;

Maroochydore Chamber of Commerce President Brendan Bathersby welcomed the major boost for the region.&nbsp;

“There has never been a more exciting time to be on the Coast, with major legacy infrastructure shaping our future, boosting the local economy and anchoring Maroochydore City Centre as a connected, world-class city for generations to come,” Bathersby said.

[smartcode_project_cta:default project_id=147777]

Olympic infrastructure fuels residential boom in Maroochydore City Centre

Developer <a href="/developers/figurehead">Figurehead Group</a> is offering to pay the full stamp duty for buyers who purchase an apartment at Osprey in Safety Beach before Easter 2025.&nbsp;

The limited-time incentive applies to newly completed residences at the Martha Cove development and represents a potential saving of up to $82,000, depending on the purchase price.

<a href="/buildings/osprey-safety-beach-15-martha-cove-boulevard-safety-beach-vic-3936">Osprey</a> is now fully complete, allowing purchasers to settle and move in immediately.

[smartcode_project:default project_id=138447 project_image_fid=290616]

Located at 15 Martha Cove Boulevard, Osprey is an award-winning apartment development delivered in collaboration between builder-developer Figurehead and <a href="/architects/wolveridge-architects">Wolveridge Architects</a>, renowned for their work across the Mornington Peninsula.

The residences have been designed to maximise natural light and ventilation, with each apartment positioned to capture sea breezes and views of the surrounding coastal environment.&nbsp;

Interiors feature natural textures and tones, including timber finishes, breezeway paving, and soft green accents intended to reflect the local landscape.

[smartcode_project:default project_id=138447 project_image_fid=290741]

A central landscaped courtyard sits at the core of the development, incorporating sculptural concrete elements inspired by the cliff faces of the peninsula’s shoreline.

Osprey has already attracted attention from local and Melbourne-based buyers, drawn to its rare harbourside location, thoughtful design, and strong investment potential.

[smartcode_project:default project_id=138447 project_image_fid=290632]

Osprey offers 18 two and three-bedroom apartments, positioned close to the harbour at Martha Cove.&nbsp;

While primarily offering a harborside lifestyle, Osprey is located just a seven-minute drive from the sand at <a href="/developments/safety-beach-vic-3936">Safety Beach</a> and only eight minutes from Mount Martha Public Park. With views over Port Phillip Bay and Arthur's Seat, the 53-hectare park offers extensive walking trails connecting the picnic area to the summit and viewing tower.

The project is positioned as part of a broader precinct renewal and is one of the few newly completed developments in the area currently offering incentives of this kind.

[smartcode_project_cta:default project_id=138447]

Buyers of completed apartments at Osprey in Safety Beach could save up to $82,000 if they purchase before Easter, with the developer covering the full cost of stamp duty.

Figurehead covers stamp duty at Osprey Safety Beach in pre-Easter sales offer

Following the strong sales success of the first tower, <a href="/developers/morris-property-group">Morris Property Group</a>&nbsp;has now released the apartments in the second tower of its new Broadbeach development, Crest Broadbeach.

The second tower introduces a fresh collection of two and three-bedroom apartments, which have already generated strong interest. Prices start from just under $1.2 million.

The first tower, which launched just over 12 months ago, is now more than 75 per cent sold.

Morris' in-house construction team is delivering both towers simultaneously. Construction is well underway, with the tower crane already installed on-site and excavation nearing completion on the fifth basement level. Both towers are scheduled for completion by mid-2027.

[smartcode_project:default project_id=112024 project_image_fid=343235]

<a href="/new-apartments/crest-broadbeach-13-armrick-avenue-broadbeach">Crest</a> is ideally positioned on the highly sought-after Armrick Avenue, a tightly held street that has seen surprisingly little apartment development despite the recent boom across Broadbeach. No developer has successfully delivered a high-rise on this exclusive street—until now.

Armrick Avenue offers two major advantages to both investors and owner-occupiers due to its proximity to Broadbeach Park, one of the suburb’s most cherished green spaces.

The park, across the road is home to the iconic Broadbeach Bowls Club, a community institution since the mid-1950s, and the long-standing Broadbeach Surf Life Saving Club, giving Crest residents doorstep amenity at two of Broadbeach's most popular social venues.

The proximity to the park also means Crest residents will enjoy protected, uninterrupted southern views, with the government-owned land of the park never to be built upon.

[smartcode_project:default project_id=112024 project_image_fid=343113]

In addition to the prime location and surrounding amenity, Crest will also offer residents an impressive suite of on-site facilities. These include a fully equipped gym, a resort-style pool, and a barbecue and alfresco entertaining area.

According to data from MatterFact, Apartments.com.au’s data partner, Crest has appealed to both investors and owner-occupiers alike. While the majority of enquiries have come from Queenslanders, interstate interest has remained consistently strong. In fact, enquiries from New South Wales have made up between 20 to 30 per cent of total enquiries since the beginning of 2024.

[smartcode_project:default project_id=112024 project_image_fid=343256]

Crest marks Morris Property Group’s ninth apartment development in Broadbeach since entering the market in 2006 with their flagship project, Verve.

They recently completed their eighth project, <a href="/buildings/malo-broadbeach-8-jubilee-avenue-broadbeach-qld-4218">Malo Broadbeach</a>, nearby on Jubilee Avenue. Construction is also underway on their tenth Broadbeach project, <a href="/new-apartments/maison-broadbeach-22-chelsea-avenue-broadbeach">Maison Broadbeach</a>, located just across Broadbeach Park on Chelsea Avenue.

[smartcode_project_cta:default project_id=112024]

Crest marks Morris Property Group’s ninth apartment development in Broadbeach since entering the market in 2006 with their flagship project, Verve

Morris releases second tower at Crest Broadbeach after tower one sales success

The first development at Budds Beach in more than a decade has commenced construction, with award-winning builder and developer McNab bringing the sculptural 28-level Elements tower to life.

The milestone coincides with new research from the National Property Research Co that shows the Gold Coast will need another 144,000 new dwellings over the next two decades to meet the forecast population growth, set to tip one million residents by 2045.

McNab Executive Chairman Michael McNab said the 28-level&nbsp;<a href="/new-apartments/elements-budds-beach-surfers-paradise-21-oak-avenue-surfers-paradise-qld-4217">Elements</a> would deliver 87 two, three and four-bedroom apartments in the exclusive Budds Beach enclave.

“Budds Beach is incredibly tightly held, with very few properties exchanging hands in the past five years," McNab said.

"Once you see it for yourself, you can understand why. It’s an enclave you would only discover if you lived locally – a pristine riverfront beach, tree-lined streets and village-style cafes, just seven-minutes' walk from the iconic oceanside of Surfers Paradise."

[smartcode_project:default project_id=111522 project_image_fid=322249]

McNab said they've always looked to position their projects in areas loaded with lifestyle and on the cusp of growth.

“Budds Beach delivers on this, and our vision for Elements will soon create a sculptural landmark and new housing supply in an area where there is strong appetite for premium, home-sized apartments.”

[smartcode_project:default project_id=111522 project_image_fid=322243]

As testament to the project’s design and location, both McNab and the company’s CEO, Kunjan Ganatra, have both purchased apartments in Elements.

Designed by Cottee Parker, the $170 million tower, located at 21 Oak Avenue in Surfers Paradise, is scheduled for completion by Q32027.

Director of National Property Research Co Matthew Gross said more projects of this scale needed to break ground on the Gold Coast to meet the extraordinary pace of growth.

“In the next 20 years the Gold Coast’s population is forecast to surpass one million residents, which means another 144,000 new dwellings will need to be delivered to meet that demand,” Gross said

“The supply-demand imbalance has had a significant impact on property values in the city, with the median apartment price increasing 343 per cent since 2000 from $174,900 to its current median price of $795,000 for the first quarter of 2025."

In the past decade, we’ve also seen the number of apartment sales above $2 million grow by 1,600%, from just 33 sales in 2014 to more than 528 sales in 2024, Gross added.

[smartcode_project:default project_id=111522 project_image_fid=322247]

Elements has been progressively released to the market in stages since its formal launch, with more than 65 per cent of apartments in the Azure Collection now sold.

Managing Director of MOTIV, Carly Cottam, said a limited number of two and three-bedroom apartments were available in the Azure Collection at Elements, priced from $1.31 million for a two-bedroom apartment and from $1.75 million for a three-bedroom apartment.

“These apartments are designed for the local market and feature large floor plans, clever storage solutions and impeccable finishes,” Cottam said.

“Soon we will be releasing the Horizon Collection at Elements, which comprises just 10 four-bedroom 
plus multipurpose room residences, spanning half a residential level."

[smartcode_project:default project_id=111522 project_image_fid=322250]

Featuring European Oak flooring, natural stone benchtops, and an opulent wine bar complete with integrated wine fridge, Cottam said apartments within the Horizon Collection start from $3.912 million.

The full-floor penthouse at Elements has not yet been released to market. Crowning the top of Elements is a full-floor retreat dedicated to wellness and entertaining, with 360-degree views and extensive resident amenities including a horizon-edge pool, poolside lounge, BBQ and teppanyaki bar, yoga deck, gymnasium, sauna, and hot plunge pool.

[smartcode_project:default project_id=111522 project_image_fid=322252]

The construction milestone at Elements follows the successful delivery of White Main Beach, which was completed by <a href="/developers/mcnab-developments">McNab</a> in 2024 and awarded best Apartment Building over $50m by the Queensland Master Builders Assoc.

McNab remains one of the few builders in Queensland to consistently grow their pipeline and deliver projects ahead of schedule — a direct result of the company’s integrated business model, which leverages in-house teams of skilled tradespeople, and produces high-quality building materials, to help overcome industry-wide labour and material shortages.

[smartcode_project_cta:default project_id=111522]

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