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

Joel Robinson

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

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

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

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

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

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

Lowe Living launches Jardin House in Camberwell

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

The Walden pairs house-scale living with North Sydney connectivity

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

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

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

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

Every First Home Owner Grant for new property by state

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

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

Staff Writer

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

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

alisonwarters@gmail.com

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

When buying a property, everyone needs to be aware of the additional costs that come as part of the buying process.

Often the largest outlay, after the deposit which goes to the bank, is stamp duty.

<h2 style="line-height: 1.38;">What is Stamp Duty?</h2>

Stamp duty is an extra tax to pay the government when you buy land, a property, and other certain assets.

It happens when the legal ownership is transferred. It can also be known as property transfer duty or transfer duty.

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<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?

One-bedroom apartments in Brisbane's hot new and off the plan property market are few and far between.

Auspace Developments Group however has carved out a pocket in Gaythorne, less than 10km north of Brisbane, where they're offering one-bedroom apartments in their new development from just $600,000.

<a href="/new-apartments/astra-apartments-gaythorne-16-station-avenue-gaythorne">Astra Apartments</a> will comprise just&nbsp;12 one and two-bedroom residences in the heart of the small northern suburb between Alderley and Everton Park.

[smartcode_project:default project_id=148948 project_image_fid=320220]

The apartments reflect careful planning, with sizes ranging up to 158 sqm, including expansive courtyards and patios, providing generous living spaces uncommon in many new developments.&nbsp;

The interiors are designed with practicality and longevity in mind. Kitchens feature Italian-made Ariston appliances, including induction cooktops and integrated dishwashers, alongside soft-close storage solutions.&nbsp;

[smartcode_project:default project_id=148948 project_image_fid=320224]

&nbsp;

Astra is strategically located less than 100m from <a href="/developments/gaythorne-qld-4051">Gaythorne</a> Station, which is just 24 minutes to the CBD.

Residents of Astra will benefit from the proximity to the station's surrounding amenity, from coffee at the nearby Hobby Lane to dining at Little Thai Restaurant.

[smartcode_project_cta:default project_id=148948]

Astra is strategically located less than 100m from Gaythorne Station, which is just 24 minutes to the CBD.

Astra Gaythorne offers Brisbane's most affordable new apartments

Leading Australian developer TOGA Group has released the final stage of residences at its iconic Surry Hills Village precinct.

The last three completed terraces, known as the Marriott Street Terraces, will likely sell between $3.7 million and $3.9 million.

[smartcode_project:default project_id=9302 project_image_fid=342101]

SJB Director Adam Haddow, a Surry Hills local who designed the terraces, says terrace housing&nbsp;is synonymous with inner-city living in Sydney.

"At Surry Hills Village, each terrace has been individually designed with its own identity, a playful street presence, and generous courtyards at its heart," Haddow said.

"These homes are made for entertaining, thoughtfully balancing privacy and abundant natural light, all while closely connected to the surrounding retail, restaurants, cafes, and everyday essentials that anchor the community at Surry Hills Village.”

[smartcode_project:default project_id=9302 project_image_fid=342097]

Each three-bedroom, three-bathroom terrace comes with a prized car space, a rarity for terraces in the Surry Hills/Redfern area.

They span two levels and feature a&nbsp;landscaped courtyard garden, a separate alfresco terrace with built-in Sub-Zero and Wolf appliances, and a functional scullery to ensure maximum preparation space while keeping sleek aesthetics in mind.

Each terrace’s striking facade reflects the Surry Hills iconic streetscape and allows natural light to fill spacious living areas and an effortless transition between outdoor entertaining areas and oversized indoor areas.

[smartcode_project:default project_id=9302 project_image_fid=342093]

The terraces are close to one of Sydney’s most sought-after new dining and shopping precincts, Wunderlich Lane with the hottest restaurants like Olympus Dining, Lottie and Bar Julius, all only 15 minutes from Sydney CBD.

Paul Shaw, Executive General Manager of TOGA Group, said it is rare to find a development that offers such strong synergy between space, privacy and connectivity.

"Residents can enjoy the oversized living areas, secluded communal gardens and private underground parking, while only being a walk away from the vibrant cultural offerings of Wunderlich Lane," Shaw said.

"The final three terraces of our exclusive Marriott Street collection offer a new way of modern living which has resonated strongly with both the community and the buyer market.”

[smartcode_project_cta:default project_id=9302]

"Made for entertaining": Inside the final Marriott Street Terraces at Surry Hills Village

Sorrento has long been one of Perth’s most sought-after coastal suburbs. This northern beachside location offers pristine shores, a vibrant marina lifestyle, and access to essential amenities—all just a 20-minute drive from the city.

The stretch of coastline from Hillarys to Marmion has remained a tightly held pocket, with few new developments brought to market in recent years. Seizing a once-in-a-generation opportunity was respected developer Megara, who secured a prime 5,777 sqm site fronting West Coast Drive—the closest street to the Sorrento sands—back in 2018.

Read more:&nbsp;<a href="/news/wa/the-unrepeatable-nature-of-ora-sorrento-apartments">The unrepeatable nature of Ora Sorrento apartments</a>

[smartcode_project:default project_id=136169 project_image_fid=213846]

Since then, Megara has been refining its vision in consultation with the Western Australian Department of Planning, aiming to sensitively introduce a new apartment development alongside an extensive retail precinct—much-needed in a location where housing stock has been limited.

The new development, <a href="/new-apartments/ora-sorrento-128-136-west-coast-drive-sorrento">Ora Sorrento</a>, will deliver 73 two-, three-, and four-bedroom apartments, redefining beachside living in the area. Alongside its premium design, one of the strongest drawcards for buyers has been Ora’s exceptional location. While West Coast Drive runs for six kilometres—from Trigg in the south to Hillarys in the north—Ora is positioned in arguably one of the most desirable spots along the entire stretch.

[smartcode_project:default project_id=136169 project_image_fid=213851]

With an expansive frontage to West Coast Drive, many of the apartments offer uninterrupted, never-to-be-built-out views of the Indian Ocean. To the east, residences overlook the neighbouring Geneff Park, a 14-hectare green space featuring shaded lawns, walking paths, and a marine-themed playground designed to cater to toddlers through to older children.

Ora is located directly on Marmion Beach, just before it transitions into Sorrento Beach. The marina precinct, one of Perth’s most iconic lifestyle destinations, features restaurants such as The Breakwater and Ishka, boutique retail shopping, and the Rottnest Island ferry terminal. The marina also offers Ora Sorrento owners the convenience of docking their private boats just a short walk away.

[smartcode_project:default project_id=136169 project_image_fid=213849]

Beyond the coastline, Sorrento delivers everything needed for day-to-day living. The trendy Flora Terrace, with boutiques and cafes, is just a five-minute drive, while larger shopping and lifestyle hubs, including Westfield Whitford City and Karrinyup, are just 10 minutes away and cater to fashion, entertainment, and everyday essentials.

In addition to the outstanding local amenity, a cafe/restaurants is planned for the ground level, as well as a full suite of private resident facilities on the podium level at Ora. These include a heated ocean-view pool with cabanas, a gym with a sauna, a residents’ lounge, and even a wine cellar, all located on an exclusive residents’ deck. Plus, residents can also enjoy a game of bocce or practice their putting in the private landscaped courtyard area.&nbsp;

Construction on Ora is now underway with PACT Construction and is scheduled for completion in late 2026.

[smartcode_project_cta:default project_id=136169]

In addition to the outstanding local amenity, a cafe/restaurants is planned for the ground level, as well as a full suite of private resident facilities on the podium level at Ora.

Beach one side, park the other: The unrivalled location of Ora Sorrento

As Melbourne’s population continues to grow and demand for housing intensifies, large-scale, well-connected developments close to the CBD are becoming increasingly important.&nbsp;

One project leading the charge is <a href="/new-apartments/bradmill-yarraville-355-359-francis-street-yarraville-vic-3013">Bradmill</a> in <a href="/developments/yarraville-vic-3013">Yarraville</a> — a landmark regeneration of the former denim factory site into a thriving, masterplanned neighbourhood.

I recently caught up with&nbsp;Theo Della Bosca, Development Director at <a href="/developers/frasers-property">Frasers Property</a>, for an in-depth conversation about one of Melbourne’s most anticipated communities.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/W9nu7DBsUHE?si=9tD9zRL7rDbHIDgU" title="YouTube video player" width="560"></iframe>

Bradmill Yarraville, on an unrepeatable 26 hectares just six kilometres from the Melbourne CBD, will become a&nbsp;vibrant, walkable neighbourhood, blending heritage, sustainability, and modern convenience.&nbsp;

It will deliver up to 1,500 new homes, a mix of townhouses and apartments. The first homes being brought to market are three and four-bedroom townhouses designed by <a href="/architects/rothelowman">Rothelowman</a>, which are already attracting significant interest, <a href="/news/vic/why-families-are-flocking-to-townhouses-in-bradmill-yarraville?hash=92f39f1bd10345c973a925313699a08bdbad509d">particularly from families and downsizers</a>.

Families are drawn to the project for its variety of housing options, generous open space, proximity to quality schools, and the convenience of having a shopping centre within the community. Investors see strong potential in the area’s rental market and appreciate the low-maintenance, high-quality homes on offer. First home buyers are also showing strong interest, particularly because opportunities to purchase this level of housing so close to the city are rare.

Later stages will introduce a range of one, two and three-bedroom apartments, with all homes&nbsp;within the community to be fully electric, as part of Frasers Property’s commitment to sustainability.

[smartcode_project:default project_id=134727 project_image_fid=311186]

A key feature of the Bradmill masterplan is its mix of residential, retail, and lifestyle amenity — much of it set within repurposed heritage buildings.&nbsp;

The upcoming Bradmill Quarter retail precinct, which will front Francis Street and include a major supermarket, 15 specialty shops, a childcare centre, and a medical centre, will bring a convenient hub to Bradmill residents.

[smartcode_project:default project_id=134727 project_image_fid=311275]

Another standout feature of the community is Bradmill Social — a resident-exclusive lifestyle precinct that will breathe new life into the site’s historic buildings.&nbsp;

“We’ve got a proofing house down there which will be converted to a wellness centre that will feature a yoga Pilates space, gym, pool, sauna, spa, outdoor barbecue area, basketball half court — so it’s got it all going on,” Theo says.&nbsp;

The iconic boiler house, a well-known landmark in Melbourne’s inner west visible from the West Gate Freeway, is set to be transformed into a vibrant lifestyle hub. The space will include areas for children’s play, a cinema, media and co-working spaces, lounge and dining facilities, bookable rooms for family events, an outdoor barbecue terrace, a community garden, and even dog-washing facilities — offering a wide range of amenities designed to foster connection and convenience for future residents.

[smartcode_project:default project_id=134727 project_image_fid=311286]

Green space is also central to the project’s design, with an open space reserve threading through the community from west to east and connecting directly to the expansive 18.5-hectare McIvor Reserve.

Bradmill is being delivered in stages, with <a href="/builders/figurehead-construction">Figurehead Construction</a> currently working on stage one. Residents are expected to move into the first townhouses&nbsp;before Christmas.

[smartcode_project_cta:default project_id=134727]

Michael Bird

Everything a buyer needs to know about Bradmill Yarraville: Five minutes with Frasers Property Development Director Theo Della Bosca

<a href="/developers/lendlease-development">Lendlease</a> has broken ground on its next waterfront residences within the Collins Wharf precinct at Victoria Harbour, following strong market demand.&nbsp;

<a href="/new-apartments/ancora-at-collins-wharf-docklands-971-collins-street-docklands-vic-3008">Ancora at Collins Wharf</a>, located at 971 Collins Street, Docklands, has already secured over 50 per cent in sales, attracting buyers seeking the best of city and waterfront living.&nbsp;

The Hon. Nicholas Reece, Lord Mayor of Melbourne was in attendance to mark the start of construction of the 28-level building which will offer uninterrupted views of Victoria Harbour towards the city and the Yarra River across to Port Phillip Bay.&nbsp;

[smartcode_project:default project_id=9779 project_image_fid=314804]

As a natural extension of Melbourne’s CBD, Collins Wharf represents a significant transformation to the <a href="/developments/docklands-vic-3008">Docklands</a> area, from its industrial past into a sought-after residential precinct. &nbsp;

The revitalisation of this part of the city offers residents an opportunity to reside in a highly connected community surrounded by water and integrated green spaces, all while being a short walk from the city’s best hospitality, sports, arts, and entertainment, with exceptional transport options nearby. &nbsp;

Ancora is Lendlease’s third residential development to be delivered in the Collins Wharf precinct, following Regatta now 85 per cent presold and under construction.&nbsp;

[smartcode_project:default project_id=9779 project_image_fid=318931]

In total, Collins Wharf will deliver more than 1,800 residences across six architecturally designed buildings, to be surrounded by over 5,000 sqm of parkland which is being delivered in tandem with the residences.&nbsp;

Designed by architect <a href="/architects/warren-and-mahoney">Warren and Mahoney</a>, Ancora features one, two and three-bedroom apartments, known as the Waterfront Collection, alongside the exclusive Premier Collection which includes a range of three and four-bedroom townhouses, penthouses, and larger scale apartments.&nbsp;

Residents will enjoy a hotel-style lobby with concierge services, a private dining room to entertain guests, and the lush, landscaped surrounds of two rooftop terraces with panoramic views, plus a wintergarden.&nbsp;

[smartcode_project:default project_id=9779 project_image_fid=318927]

The residences also connect to the neighbouring Regatta via a podium to allow easy access to a range of shared wellness facilities including an indoor swimming pool, spa, sauna and steam room, gym and multipurpose rooms.

Designed as an all-electric building with electric vehicle infrastructure, the development is designed to achieve a 5 Star Green Star certification.&nbsp;

Adam Williams, Executive Director, Development, Lendlease, said&nbsp;Collins Wharf is fast becoming a sought-after address, with strong market demand for the Ancora and Regatta residences located within the well-connected, inner-city community of Victoria Harbour.&nbsp;

“As a tranquil neighbourhood on the edge of Melbourne’s CBD, where Collins Street meets the water, Collins Wharf is transforming this part of the Docklands into a desirable place to live, work and visit.”&nbsp;

Lord Mayor, Nick Reece, said the&nbsp;appetite for quality-designed residential living in Melbourne is insatiable.

"We're pleased to see a development that opens the door to world-class lifestyle apartments, surrounded by waterways and greenery while remaining within arm's reach of the CBD.&nbsp; 
&nbsp; 
“Melbourne's population is expected to swell by 142,000 residents by 2027, and it’s developments like Ancora that continue to cement our reputation as Australia's most liveable city.”&nbsp;

Ancora at Collins Wharf is expected to complete in 2027.

[smartcode_project_cta:default project_id=9779]

Lord Mayor, Nick Reece, said the appetite for quality-designed residential living in Melbourne is insatiable

Lendlease commences construction at Ancora Collins Wharf

<a href="/developers/thirdi-group">Third.i</a>&nbsp;has&nbsp;announced a strategic partnership with Dexus’s opportunistic Fund series, Dexus Real Estate Partnership (DREP), for the development of The Merewether Residences in Newcastle.&nbsp;

The second fund in the series, DREP2, has entered a joint venture with Third.i to deliver the $300 million, 178-unit retirement village on a one-hectare site at the Merewether Golf Club. The partnership will support Third.i’s vision and delivery of The Merewether Residences as a landmark over-55s community.&nbsp;

Luke Berry, Director and Co-Founder of Third.i Group said DREP plays a critical role in providing capital funding to support the development.

“This partnership with DREP2 reflects Third.i's reputation and experience as a developer, built on a track record of delivering outstanding projects," Berry says.

"We are excited to continue leading the way in creating vibrant residential communities.&nbsp;

Development approval has been obtained, and enabling works are underway with construction due to start later this year with completion expected by late-2027.&nbsp;

<img alt="The Merewether Residences interior" data-entity-type="file" data-entity-uuid="3769a6b4-85e3-48b7-8ad9-fce4efd9be42" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/LAANSTUDIOS_S160_FINAL2500.jpg?VersionId=RImAI_J_2exPoamo.XJZGcLhmlmbh_1T" />

Located at the iconic Merewether Golf Club, <a href="/new-apartments/the-merewether-residences-adamstown-40-king-street-adamstown">The Merewether Residences</a> is a luxury over-55s retirement community that integrates resort-style amenities such as a health and wellness space, lap pool, cinema, and a new clubhouse for both residents and golf club members.

Designed by renowned architects Marchese Partners and now overseen by <a href="/architects/eje-architecture">EJE Architecture</a>, the project blends coastal charm with contemporary elegance.

<img alt="The Merewether Residences clubhouse" data-entity-type="file" data-entity-uuid="cc10b614-9217-4eb9-bf93-cd14428d8680" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/JPG_clubhouse_the_merewether_residences_3D_render_by_VV.jpg?VersionId=ZclC8_NPCaC_czPGKLq2Zu8q4CYcEQBs" />

<a href="/builders/decode">Decode Group</a> was appointed to build The Merewether Residences in late 2024.

Early site works have commenced on The Merewether Residences, with the demolition of the existing greenkeepers shed marking the start of construction. The new clubhouse is expected to open in late 2026, with completion of The Merewether Residences anticipated in late 2027.&nbsp;

[smartcode_project_cta:default project_id=149325]

Third.i partners with Dexus Fund for The Merewether Residences

For several years, a prime development site on Upper Heidelberg Road in Ivanhoe—the gateway to one of Melbourne’s most exclusive north-eastern suburbs—sat vacant.

After a few delays Salter Brothers, one of Australia's leading alternative investment managers, acquired the 2,445 sqm block.

Construction is now set to begin on <a href="/new-apartments/candela-ivanhoe-40-upper-heidelberg-road-ivanhoe">Candela Ivanhoe</a>, the only off the plan apartment development currently available in the area.

[smartcode_project:default project_id=342 project_image_fid=212227]

The brief for architect John Demos was to design a building that would embrace the unique shape of the site allowing for maximum light and flexible floor plan options that would appeal to a diverse range of buyers. The result is a boutique, six-level development comprising 62 apartments, offering a mix of one, two, three, and four-bedroom configurations.

Kathy Demos handled the interior designs for the apartments, focusing on functionality and sustainability. The building has been designed to deliver a 7-star average energy rating average outlined in the Building Code of Australia.

Candela - the influence of light - inspired the name of the building, as all apartments are designed to enhance daylight access in all living areas and bedrooms, reducing the reliance on electric lighting and increasing the wellbeing of residents. Renewable Energy A 25kW Solar PV system will be installed on the roof to help power the communal areas and reduce owners' corporation contribution.

[smartcode_project:default project_id=342 project_image_fid=336455]

In addition to introducing new apartment living to a suburb traditionally dominated by detached houses, Salter Brothers is also bringing a number of amenities to Ivanhoe. The apartments will sit above a providore, and commercial spaces—encouraging resident interaction while serving the wider community. Residents will also enjoy private amenities, including a landscaped communal rooftop terrace for resident use.

[smartcode_project:default project_id=342 project_image_fid=169534]

Arguably, Candela’s biggest drawcard is its location. Boasting a Walk Score of 90 out of 100, the development is just a six-minute walk from Ivanhoe Station and is surrounded by cafés, restaurants, parks, and schools. In this highly walkable neighbourhood, owning a car is truly optional.

Construction will soon commence on Candela, with completion expected toward the end of 2026.

Kingsford Direct Director Sonia Fava says Candela has been worth the wait for owner-occupiers seeking to secure a home in the brilliantly located Ivanhoe Village.

[smartcode_project_cta:default project_id=342]

Kingsford Direct Director Sonia Fava says Candela has been worth the wait for owner-occupiers seeking to secure a home in the brilliantly located Ivanhoe Village.

Salter Brothers to reshape gateway to Ivanhoe as Candela starts to rise

Design-led developer Milieu is making strong progress on <a href="/new-apartments/plant-street-by-milieu-malvern-1-plant-street-malvern">Plant Street by Milieu</a>, its first new development in Melbourne’s prestigious south-eastern suburbs.

This boutique project comprises just 21 residences and has been thoughtfully designed by acclaimed architecture studio Ritz &amp; Ghougassian, with interiors by Georgina Jeffries. The development continues Milieu’s commitment to context-driven design—creating homes that blend seamlessly with their surroundings while offering a fresh, contemporary take on apartment living, a hallmark of the brand since its founding in 2010.

We recently visited the Plant Street display suite to give our audience a closer look at what future residents can expect.

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The architecture by Ritz &amp; Ghougassian is striking—defined by a bold, textured concrete façade and smooth slab edges that shift and soften with the movement of natural light throughout the day. The result is a dynamic streetscape that feels both architectural and organic: distinctly urban, yet quietly restrained.

Inside, Georgina Jeffries has curated a warm and inviting interior palette, using tactile materials that are designed to age gracefully over time.

At the heart of each residence, the kitchen reflects Milieu’s design-led philosophy. Integrated Swiss-made V-ZUG appliances, stone benchtops, and refined detailing come together to create a highly functional and elegant space.

[smartcode_project:default project_id=139856 project_image_fid=217345]

Generous open-plan living areas are framed by expansive windows that flood the interiors with natural light, while offering leafy outlooks to the surrounding landscape.

Every element—from spatial proportions to natural materiality—has been carefully considered to evoke a calm, retreat-like atmosphere in the heart of Malvern.

Landscape architecture studio Acre softens the building’s bold geometry with a curated selection of layered, seasonal plantings. This thoughtful landscaping enhances the indoor-outdoor connection and further roots the development in its natural environment.

[smartcode_project:default project_id=139856 project_image_fid=288443]

Positioned just moments from Malvern’s cafés, boutique shopping, and leafy parklands, Plant Street places residents at the centre of Melbourne’s vibrant south east.

Construction by Manresa is progressing steadily, with completion anticipated in Q3 2025.

[smartcode_project_cta:default project_id=139856]

Inside Plant Street by Milieu in Malvern: Urban's display suite tour

Once the ASX-listed developer Mirvac acquired the site of a former hotel across the road from Princes Park in Brunswick, they ticked the location box for prospective off the plan apartment buyers.

Next came the design of the building, and in true Mirvac fashion, as well as designing spacious, light-filled apartments, they wanted to give their residents curated communal spaces within the building, so they didn’t have to solely rely on what was outside their home for leisure or connection.

Mirvac Design worked hand in hand with Bates Smart and Jack Merlo to carefully curate spaces, terraces, and landscaped courtyards, to foster a sense of community just for Prince &amp; Parade residents.

[smartcode_project:default project_id=4802 project_image_fid=269383]

They started from the ground up, with a café to be integrated within the development fronting Park Street, a strategic amenity for those who will head over to the many walking trails throughout the 40-hectare park with a coffee in hand.

There will be a minimum of two additional commercial spaces on the ground floor, fronting Brunswick Road, which will complement the existing offerings along nearby Sydney Road.

[smartcode_project:default project_id=4802 project_image_fid=269387]

A private grand lobby, accessed via the Park Street entrance, features a dedicated building manager to welcome residents home. Amenities include electronic parcel lockers and refrigerated storage for cold deliveries (e.g., HelloFresh). The ground floor also offers a separate meeting room exclusively for residents

The lobby leads through to the lifts with access to the five levels in the South building and nine Levels in the North building that will home 167 one, two, three, and four-bedroom apartments. It also accesses The Commons and The Crown Courtyard, two private central gardens crafted by Jack Merlo to bring the beauty of the park into Prince &amp; Parade.

The private residents’ dining room, with a fireplace and natural stone kitchen, has direct access to the landscaped spaces and can be booked for private events through the building management.&nbsp;

[smartcode_project:default project_id=4802 project_image_fid=269385]

While Princes Park offers an abundance of opportunity to exercise with the aforementioned walking trails and various sporting clubs, Mirvac created a private home for resident workouts with a wellness area housing a gym and a yoga studio overlooking landscaped gardens.

[smartcode_project:default project_id=4802 project_image_fid=269388]

The Residents’ Library, another purpose-built space for quiet focus or remote work, is designed as a work-from-home space, with shared tables and integrated seating, as well as a carefully curated selection of books that can be enjoyed in the library or back at home.

The crowning glory of Prince &amp; Parade is the rooftop terrace, a private oasis offering expansive views over Princes Park, Royal Park, and the city skyline. Landscaping surrounds alfresco spaces and barbecue facilities, creating the perfect setting for gatherings with neighbours.

Mirvac recently commenced construction on the $280 million, all-electric apartment development, just four kilometers from the CBD and within walking distance to Melbourne’s inner-north suburbs, as well as the University of Melbourne and Royal Melbourne Hospital precinct. Prince &amp; Parade is expected to complete in late 2026.

[smartcode_project_cta:default project_id=4802]

Mirvac recently commenced construction on the $280 million, all-electric apartment development, just four kilometers from the CBD and within walking distance to Melbourne’s inner-north suburbs

Premium amenities match parkside living at Prince & Parade in Brunswick

Burgeoning Gold Coast developer Polycell is fast becoming one of the busiest developers in Broadbeach.

Polycell is nearing a sellout of <a href="/new-apartments/the-rochester-broadbeach-143-surf-parade-broadbeach">The Rochester</a>, their debut apartment development on the Gold Coast, which they are currently constructing through their newly established construction arm. Just last month, the company <a href="/news/qld/first-look-polycell-approved-for-next-broadbeach-apartment-development">secured approval</a> for its second project at <a href="/new-apartments/167-old-burleigh-road-broadbeach">167 Old Burleigh Road</a>.

Now they've submitted plans for what will be their third project, having successfully completed the buyout of the apartment owners at the <a href="/new-apartments/sandpiper-broadbeach-155-old-burleigh-road-broadbeach">12-level Sandpiper building</a>, also on Old Burleigh Road.

<img alt="Polycell" data-entity-type="file" data-entity-uuid="067d3cc5-c1d5-4676-bf18-83a00e38c8ae" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-05-02%20at%209.58.35%E2%80%AFAM.png?VersionId=yca5eX3jeupb_EqtyPZR_kIdcA9tIGCY" />

It's the third time they've called on BDA to handle the designs, after the local architecture firm put the plans together for The Rochester and their other approved project.

They said in the design statement the project presents an exciting opportunity to create a landmark residential tower within the vibrant, high-density Broadbeach precinct.

"The proposed fifty two storey residential apartment tower will feature a timeless façade inspired by the surrounding coastal context, establishing it as a unique sculptural addition to the Broadbeach skyline," BDA noted.

"Carefully designed to respect the character of Broadbeach’s high-density precinct, the project addresses key opportunities presented by the site.&nbsp;The design highlights exceptional architecture, thoughtfully designed public edges, boutique communal amenities, and lush subtropical landscaping, making it a valuable and sustainable addition to the Broadbeach area."

<img alt="Polycell" data-entity-type="file" data-entity-uuid="65075f78-0815-44ec-a2bc-cc3910ba4ed7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-05-02%20at%2010.05.47%E2%80%AFAM.png?VersionId=y9KN87EyiDZQgwFqxVZW.z64bviqXB.g" />

They said the spacious apartments&nbsp;are designed to accommodate a range of varying demographics, with an emphasis on maximising natural ventilation and light.

Of the 216 apartments, 146 (or 67 per cent) will be two-bedroom. The plans incorporate 65 three-bedroom apartments, three four-bedroom apartments, and two five-bedroom, full-floor sub-penthouses, each spanning 736 sqm.

The lower portion of the tower will comprise just six apartments per floor, while&nbsp;the upper levels offers a selection of larger apartments.

<img alt="Sandpiper" data-entity-type="file" data-entity-uuid="87ca0e97-e014-4224-9a41-80739744b838" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-05-02%20at%209.58.49%E2%80%AFAM.png?VersionId=N.PPsXAs7sa..3Qrjyg0OjcwcIA_ldzD" />

Much like The Rochester, Polycell has proven themselves to be committed to a high-level of resident amenity, and Sandpiper will be no different.

There will be three levels of dedicated facilities, starting from the&nbsp;podium level which will feature a lap pool with floating day beds, a communal kitchen, dining and lounge area, a gym with a yoga room, a games room with a golf simulator, and a wellness area with a spa, hot and cold pluinges and a sauna and steam room.

The 33rd and 34th level of the building will be home to the residents club that will have similar amenity to the podium level, but also meeting rooms, a two-level club lounge with a spiral staricase, a wine room and ajdoining private dining areas, a library, and a cinema.

&nbsp;

It's the third time they've called on BDA to handle the designs, after the local architecture firm put the plans together for The Rochester and their other approved project

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