<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?

The Federal Government’s latest announcement of a temporary two-year ban on foreigners purchasing existing housing in Australia has led to some confusion about its impact.

Under the&nbsp;updated FIRB regulations, foreign buyers can&nbsp;still purchase off the plan properties and newly completed dwellings without being affected by the revised rules.&nbsp;

The new regulation, effective from 1 April 2025, will prevent temporary residents from purchasing established houses. This change is intended to support the creation of new housing by redirecting demand towards new apartments and houses, which will see further demand channelled towards key off-the-plan markets.&nbsp;

Colliers Managing Director, Victoria | Residential, Tim Storey, said they expect the effects of this policy change will surprise on the upside, especially for developers of new apartments in Melbourne who will now have a larger pool of buyers.

“This policy is a positive step towards addressing the housing supply issue in Australia. By encouraging the purchase of new dwellings, we are also supporting the construction industry," Storey said.

According to the latest available statistics, foreign buyers have purchased an annual average of only 1,291 established homes over the past three years, representing just 0.24 per cent of overall housing market sales. &nbsp;

Significantly, Victoria has consistently attracted the highest levels of foreign buyer activity across all categories, accounting for 45 per cent of purchases across Australia over the past three years. This trend is expected to continue, benefiting developers in the state.&nbsp;

“The updated FIRB regulations combined with the Reserve Bank of Australia’s recent announcement of a cash rate cut, which lenders have passed through, create a more favourable environment for new housing developments," Storey added.

"Developers should see this as an opportunity to meet the growing demand for new dwellings. This change ensures that the market for off-the-plan properties remains robust and continues attracting foreign investment."

FIRB regulations to drive foreign buyers to new apartment development market

Precinct-led developer Coronation Property has completed its multi-stage, multi-award winning <a href="/developments/merrylands-nsw-2160">Merrylands</a> precinct, <a href="/buildings/mason-main-merrylands-245-merrylands-road-merrylands-nsw-2160">Mason &amp; Main</a>, injecting a fresh new look into the growing Western Sydney market.&nbsp;

Mason &amp; Main comprises two stages, the first Sydney’s largest build-to-rent development, the second the more traditional build-to-sell.&nbsp;

Due to the mix of configurations, including studio apartments which are rarely offered in today’s new apartment market, a mix of owner-occupiers, first home buyers and investors have driven Mason &amp; Main to over 70 per cent sold.

[smartcode_project:default project_id=31751 project_image_fid=257777]

All of the studio and two-bedroom apartments are priced under $800,000, allowing eligible first home buyers to avoid stamp duty under the NSW Government’s First Home Buyer Assistance scheme. The studios start from $508,000 and the two-bedroom apartments from $756,000.

A number of the apartments feature multipurpose rooms that can be used as home offices, nurseries, or additional bedrooms, catering to changing lifestyle needs.

[smartcode_project:default project_id=31751 project_image_fid=257779]

It was 2020 when <a href="/developers/coronation-property">Coronation Property</a> secured a prime 12,418 sqm site near Merrylands Station with the goal for the new development to be a focal point in the area’s transformation.

Coronation Property Managing Director, Joe Nahas, says Mason &amp; Main is driving a re-vitalisation of Merrylands, setting a high standard for future developments.&nbsp;&nbsp;

“Mason &amp; Main brings an incredible amount of high-quality, high-amenity homes into a community that needs new housing,” Nahas says, adding that the response from homebuyers, especially first home buyers, has been truly incredible.

“The sales reaffirm our commitment to delivering exceptional properties that transform the local areas in which we develop."

[smartcode_project:default project_id=31751 project_image_fid=257817]

Coronation brought in renowned architecture firm <a href="/architects/woods-bagot">Woods Bagot</a> to create something the western suburbs haven’t seen before.

“The project’s design drew inspiration from the area's rich heritage, in particular the nearby brickworks and aqueduct, infusing a contemporary perspective to seamlessly integrate historical influences into the design,” Woods Bagot Principal Dom Alvaro says.

Mason &amp; Main wasn't just about providing housing in a key growth area for Coronation; it was equally important to ensure access to top-tier facilities for both Mason &amp; Main residents and the wider community.

Mason &amp; Main residents will enjoy exclusive access to a resort-style swimming pool, complete with a pool deck, alfresco dining areas, and barbecues. Other amenities include a high-tech Technogym gym, private dining rooms, and a rooftop terrace offering stunning panoramic views of Parramatta, the Sydney CBD, and the Blue Mountains.

[smartcode_project:default project_id=31751 project_image_fid=257780]

At street level, there’s a 9,000 sqm retail and dining hub featuring over 25 retailers, with a variety of restaurants, cafes, and specialty stores, including Iftar, Macelleria, Hayat, San Churro, Yuzu, and Fat Jaks. One of the flagship venues is One Playground, a popular fitness gym offering more than 200 classes per week.

Further amenities are conveniently located just a short distance from Mason &amp; Main. Merrylands Station, just 350 meters away, provides a 40-minute commute to Sydney’s CBD, while Parramatta is only a five-minute drive. Directly across the road is Stockland Merrylands Shopping Centre, with over 200 stores.

[smartcode_project:default project_id=31751 project_image_fid=257824]

Mason &amp; Main apartments are move-in ready and are the latest in a series of award-winning mixed-use developments by Coronation.

&nbsp;

[smartcode_project_cta:default project_id=31751]

Coronation Property Managing Director, Joe Nahas, says Mason & Main is driving a re-vitalisation of Merrylands, setting a high standard for future developments

Coronation Property welcomes buyers to Mason & Main Merrylands as final apartments released

640 Bourke Street represents a culmination of six years of vision and development by Far East Consortium.

The journey began in 2019 when the consortium acquired the historic Eliza Tinsley building, situated on a prime 2,765 sqm site at the Spencer Street end of Bourke Street. While the landmark building, dating back to the early 1900s, will be preserved, it will be complemented by a striking glass tower designed by Rothelowman, which will seamlessly extend from the heritage structure.

[smartcode_project:default project_id=509 project_image_fid=316025]

<a href="/new-apartments/640-bourke-street-melbourne-640-bourke-street-melbourne-vic-3000">640 Bourke Street</a> offers prices befitting of its address, with the one-bedroom apartments starting from $640,000. There are also two and three-bedroom apartments on offer throughout the 68-level skyscraper, designed with the owner-occupier in mind.&nbsp;

Far East Consortium sought to create larger apartments than the previous approval that came with the site purchase had proposed. That had 813 apartments, which have now been cut down to just over 600 to accomodate larger floorplans.

[smartcode_project:default project_id=509 project_image_fid=335432]

"The people who do want to be in the city want bigger apartments, and we're catering for that need,"&nbsp;Far East Consortium Executive Director Craig Williams said.

On the new design, Williams said history shows if you can put a modern sculpture piece of architecture behind a heritage building, the two complement each other.

"It's a very elegantly designed building. It's going to be a Melbourne statement for many, many years to come."

[smartcode_project:default project_id=509 project_image_fid=335420]

640 Bourke Street will also be filled with resident amenity, over 3,000 sqm of it, to elevate its residents lifestyle.

There will be everything from a pool&nbsp;inspired by Turkish hammams to a gym, an art therapy room, co-working spaces, a whisky lounge, a library, and movie theatres.&nbsp;

[smartcode_project:default project_id=509 project_image_fid=335426]

Residents will enjoy seamless access to Melbourne's renowned retail, arts, and green spaces, from Bourke Street Mall to Flagstaff Gardens.

"Bourke Street is a very proud address," Williams added.

"Whilst we may be towards the western end of the old city, we are at the centre of the new city of Melbourne."

[smartcode_project:default project_id=509 project_image_fid=335434]

640 Bourke will be&nbsp;Far East Consortium's 14th building in Melbourne. Their most recent completion was the four-tower, $2.4 billion development West Side Place, just 400 metres away on Spencer Street.

Buyers only have until October 2025 to take advantage of the VIC Government's <a href="/news/vic/vic-government-slashes-stamp-duty-for-off-the-plan-property-buyers-savings-available-immediately-oct-2024">generous stamp duty concessions</a> announced late last year.

*Renders shown are Artist's Impressions correct as at March 2025.

[smartcode_project_cta:default project_id=509]

Far East Consortium’s new CBD apartment tower rises behind the historic Eliza Tinsley Building

Far East Consortium launches new Melbourne CBD apartment tower, 640 Bourke Street

PERIFA, the Sydney-based end-to-end property developer and part of Versatile Group, alongside investment partner Mitsubishi Estate Asia (MEA) has acquired the former Balmain Leagues Club site to develop the approved Rozelle Village.

Plans for a vibrant, mixed-use, cultural and community-focused precinct had been drawn up by Studio.SC by the former landholder Heworth Holdings.

<a href="/developers/perifa">PERIFA</a>&nbsp;and MEA are now accelerating the plans for the $800 million <a href="/new-apartments/rozelle-village-rozelle-152-victoria-road-rozelle-nsw-2039">Rozelle Village</a> that will comprise a mix of premium private residences and affordable housing, alongside commercial, retail, communal open spaces and a long-awaited new home for the Wests Tiger’s Leagues Club.&nbsp;

The landmark 7,330 sqm site has been derelict and closed to the community since 2010.&nbsp;

[smartcode_project:default project_id=8142 project_image_fid=347019]

Fabrizio Perilli, Co-Founder and Managing Director,&nbsp;PERIFA, said they are&nbsp;delighted to embark on a new era for the site with their partners Mitsubishi Estate Asia.

Our shared vision for Rozelle Village is to create a mixed-use precinct that is thoughtfully designed and caters to new residents and the community alike. It will be a major meeting place for the community, that embraces the unique character of the&nbsp;Balmain/Rozelle peninsula, while helping to shape its next chapter.”

Perilli says the&nbsp;Balmain Leagues Club in Rozelle, which closed in 2010 to make way for the NSW Government Metro Transport Project, was once a hub for local families to come together and enjoy entertainment and hospitality. But for too many years the community has had to put up with a derelict site on their doorstep.

“We are proud to be delivering a precinct that will not only revitalise the area through the delivery of thriving new public spaces, high-quality apartments, well-considered retail and community facilities, but offer a considerable contribution to Sydney’s chronic lack of housing."

[smartcode_project:default project_id=8142 project_image_fid=347021]

Rozelle Village has been designed by local architecture practice&nbsp;<a data-saferedirecturl="https://www.google.com/url?q=https://links.erelease.com.au/ls/click?upn%3Du001.3t36lx-2BFsAkcova-2BGjLdR03OF6qltDnHC2BtXDz5mWGBp2823XX6k0idceIRwLs4b12AQ9y-2Bm3j30fMmRLSTXWSjWTFwRXnMT9z9tST4OEQWF3yuklQggSquWneU2m1oUUd56K9i76Tb6vE7nF03m8a2tDWd7gbd5gHylWayuIk-2Fj0J8JzsOMhDS7gF-2BZkIIzWMaXfpLkD4L-2B9VCMKLILA-3D-3D7P5Q_RgrM7qq-2BfK-2FtAHeRBLv5Qrbff1fmn9Maxd-2F-2BneoCQIgUH4WFhJ3DbcM3T9vUA-2FVcGfhT4ZkZ8ac1Sr0rGd4JYcExoqa29lgcDpt8YhwiW2PVHMF5TGuMDGFnmFYbVvM0RrbCI6UGX5KF1RHwxuS3bvbpTWBA6uAgz1pG0XFiVRcSEOZs5gu84UyN5bG04E-2BkQf3QaR7xAvVOQHi5bO2-2B6oF5ffGeuds7M5Cakz-2Fi7OU-3D&amp;source=gmail&amp;ust=1741902496325000&amp;usg=AOvVaw08BkcGsZFqGQSyuSFhDqWn" href="https://links.erelease.com.au/ls/click?upn=u001.3t36lx-2BFsAkcova-2BGjLdR03OF6qltDnHC2BtXDz5mWGBp2823XX6k0idceIRwLs4b12AQ9y-2Bm3j30fMmRLSTXWSjWTFwRXnMT9z9tST4OEQWF3yuklQggSquWneU2m1oUUd56K9i76Tb6vE7nF03m8a2tDWd7gbd5gHylWayuIk-2Fj0J8JzsOMhDS7gF-2BZkIIzWMaXfpLkD4L-2B9VCMKLILA-3D-3D7P5Q_RgrM7qq-2BfK-2FtAHeRBLv5Qrbff1fmn9Maxd-2F-2BneoCQIgUH4WFhJ3DbcM3T9vUA-2FVcGfhT4ZkZ8ac1Sr0rGd4JYcExoqa29lgcDpt8YhwiW2PVHMF5TGuMDGFnmFYbVvM0RrbCI6UGX5KF1RHwxuS3bvbpTWBA6uAgz1pG0XFiVRcSEOZs5gu84UyN5bG04E-2BkQf3QaR7xAvVOQHi5bO2-2B6oF5ffGeuds7M5Cakz-2Fi7OU-3D" target="_blank">Studio.SC</a>, formerly Scott Carver, with interiors by SJB and landscaping by Arcadia. It will include a mix of one, two, and three-bedroom apartments and penthouses, with views of the Sydney skyline and Sydney Harbour, a village square, including a range of new food and hospitality venues, a community art studio and a retail precinct anchored by a full-line supermarket; a first for the peninsula.&nbsp;

Located at the intersection of Victoria Road and Darling Street, pedestrian access to the precinct will be enhanced by a series of activated laneways leading to a 1,444 sqm town plaza.&nbsp;&nbsp;

Demolition at the site is nearing completion, with the project currently progressing through a State Significant Development Application process. Versatile Construction will commence main building works by the end of Q2 2025, with project completion anticipated in 2028.&nbsp;

CBRE will be handling the sales of Rozelle Village.

David Milton, Managing Director Residential Projects at CBRE&nbsp;calls it an "iconic site which is much loved in the local community."

"We’ve seen lots of interest already and we’re very excited to bring Rozelle Village to market.”&nbsp;

PERIFA takes over Balmain Leagues Club site for Rozelle Village development

Mirvac has celebrated commencement of construction on its new Prince &amp; Parade residential community in Brunswick, marking the start of major works for the project that will rejuvenate a disused site and deliver 167 much-needed new apartments to Melbourne.

With <a href="/new-apartments/prince-parade-by-mirvac-brunswick-701-park-street-brunswick">Prince &amp; Parade</a> underway, Mirvac now has more than 900 apartments currently in progress across Melbourne, demonstrating a strong commitment to the Victorian residential market.

Mirvac’s CEO Development, Stuart Penklis and General Manager, Residential Development Victoria, Elysa Anderson, were joined by Peter Khalil MP, Federal Member for Wills to celebrate the project’s milestone.

[smartcode_project:default project_id=4802 project_image_fid=217137]

Penklis said Prince &amp; Parade demonstrates how government and industry can work together to transform previously underutilised sites into much-needed homes for Victorians in desirable inner, middle ring locations, close to transport; and delivering this type of housing is a priority for government.

“With the support of the State Government, Prince &amp; Parade received the green light through the Development Facilitation Program and now we are delivering almost 170 modern apartments, creating 300 construction jobs and ongoing employment opportunities for the local community,” Penklis said.

“Formerly the old Princes Park Motor Inn, this residential community is a great example of how we can take a site that is no longer fit-for-purpose and deliver additional housing for the community.

"It’s important that we continue to work with all levels of government to find efficient planning pathways that allow industry to identify opportunities to accelerate housing across Melbourne."

[smartcode_project:default project_id=4802 project_image_fid=217129]

Mirvac’s General Manager, Residential Development Victoria, Elysa Anderson said Prince &amp; Parade will join Mirvac’s $7.6bn Victorian development pipeline, with a new build-to-rent community opening in <a href="/developments/brunswick-vic-3056">Brunswick</a> later this year.

“This project completes Mirvac’s construction trifecta for our apartment offering, joining The Albertine in the St Kilda precinct and Trielle in Yarra’s Edge,"&nbsp;Anderson said.

"Across our build-to-rent and build-to-sell projects, we are committed to delivering a range of apartments for downsizers, growing families and investors that are built for tomorrow."

[smartcode_project:default project_id=4802 project_image_fid=217119]

Prince &amp; Parade will offer a mix of one to four-bedroom apartments and will mark Mirvac’s third collaboration with design practice, Bates Smart, joining The Melburnian (2011) and The Eastbourne (2019) in the duo’s multi-award-winning developments.

The development will include a residential lounge, shared dining room and kitchen, crown courtyard, library, gym, shared roof top terrace and concierge. The building will deliver an average 7-Star NatHERS energy rating through double glazing, induction cooktops, heat-pump technology for hot water, and rooftop solar panels – all designed to minimise reliance on the grid and reduce environmental impact.

&nbsp;

Mirvac will also be creating a green link connecting Brunswick Road through to Park Street, designed by Jack Merlo and a number of public bike spaces throughout.

The development will include a publicly accessible retail tenancy which will offer a convenient spot for the community to enjoy café offerings. The tenancy will be independently operated and is expected to be open around the time of completion.

[smartcode_project_cta:default project_id=4802]

Mirvac to transform old motel into apartments in Brunswick as Prince & Parade construction kicks off

Rainbow Bay is the epitome of the true Gold Coast lifestyle.

It's all about the surf, sand, and relaxed coastal living. Locals have adored the area for generations, but since the pandemic, it has become a popular destination for interstate buyers from both sides of the development boom.

Sydneysiders and Melburnians made up a significant portion of buyers during the pandemic, as the country was shut down, while developers from Melbourne and Brisbane also made their moves to this coastal hotspot. Over time, Rainbow Bay has transitioned from 1960s walk-up apartments to stunning new developments, attracting those looking for a modern, beachside lifestyle.

One of the developers leading this change is Brisbane-based<a href="/developers/chapter-two"> Chapter Two Group</a>, which recently began construction on<a href="/new-apartments/holm-rainbow-bay-44-50-eden-avenue-coolangatta"> Holm Rainbow Bay</a>, on the dress circle Eden Avenue.

[smartcode_project:default project_id=109905 project_image_fid=209082]

Jon Quayle, who heads Chapter Two alongside Oliver Bagheri, said that the desire to develop in Rainbow Bay had been on their radar for quite some time, with the dream realised in 2021 when they began amalgamating four separate blocks of flats to eventually secure the Holm site.

“Rainbow Bay is recognized as one of Australia’s premier beach destinations—north-facing like Noosa and Byron Bay but more accessible and attainable, with stunning lifestyle amenities, natural beauty, and some of the coast’s best dining and entertainment," Quayle said.

"Holm has been designed to reflect this unique setting, offering premium living spaces and superb resident amenities that bring together all the elements that people seek in sophisticated coastal living.”

[smartcode_project:default project_id=109905 project_image_fid=209089]

Holm, situated on a prime near-2000 sqm block on Eden Avenue, will consist of 87 two and three-bedroom apartments, and a handful of four-bedroom townhouses, designed by Plus Architecture.

Crowning the 12-level building will be a residents' club featuring a 25-meter rooftop pool, spa, sauna, steam room, yoga deck, outdoor dining area with barbecue facilities, and a fire pit.

Additional features will include a gymnasium, work-from-home area, a library, and a function room.

[smartcode_project:default project_id=109905 project_image_fid=209084]

The design intentionally embraces Rainbow Bay’s natural beauty, incorporating sweeping views of the ocean, river, and hinterland from the apartments. The rooftop, in particular, will capture all three vistas, along with the iconic Snapper Rocks.

“In all our developments, we love to showcase architecture inspired by the natural beauty that surrounds it,” Quayle explained. “Holm’s flowing curves, lush greenery, natural elements, and light-filled spaces perfectly capture the essence of Rainbow Bay.”

[smartcode_project:default project_id=109905 project_image_fid=209083]

Groupline Constructions demolished the former 1960s blocks late last year and recently commenced basement excavation. They aim to have a crane on-site and begin vertical construction later this year.

"It's an exciting project, and we can't wait to see it come to life," Quayle added.

Last year, the penthouse at Holm sold for $4.5 million to a Sydney buyer, believed to have set a price-per-square-meter record for a non-beachfront or front-row apartment in the area.

The 246 sqm penthouse, featuring three bedrooms, two decks, and a rooftop terrace with outdoor dining and a spa, sold for $24,590 per square metre.

[smartcode_project:default project_id=109905 project_image_fid=209090]

Oliver Bagheri said the record-breaking penthouse sale highlighted the strong demand for blue-chip real estate on the Gold Coast.

“Holm represents a rare opportunity on Rainbow Bay’s peninsula, allowing buyers to make this iconic address either their permanent home or a deluxe holiday destination," Bagheri said.

“Geographically restricted with limited future supply, acquiring the Holm site today and delivering this project at its current pricing would not be feasible, making it an irreplaceable opportunity.

"In recent years, the notion of apartment living has evolved. However, we've noticed that many new Gold Coast developments still fall short of providing residents with a balanced lifestyle, offering health, well-being, and lifestyle amenities all in one place.”

SRQ Projects is selling Holm Rainbow Bay.

[smartcode_project_cta:default project_id=109905]

Holm, situated on a prime near-2000 sqm block on Eden Avenue, will consist of 87 two and three-bedroom apartments, and a handful of townhouses, designed by Plus Architecture.

"One of Australia's premier beach destinations": Inside Chapter Two's Holm Rainbow Bay apartments

<a href="/developments/palm-beach-qld-4221">Palm Beach</a> continues to prove to be one of the most popular new apartment markets in the whole of the <a href="/developments/gold-coast-qld">Gold Coast</a>.

What was once a relatively quiet area has rapidly transformed. Its proximity to both Burleigh Heads to the north and Coolangatta to the south has seen it become a hotspot for both investors and owner-occupiers. It was one of the best-performing new apartment markets during the pandemic, with developments selling out in a matter of weeks.

Although the new development market slowed due to supply issues, demand remained strong, with developers fiercely competing to secure sought-after sites.

Now, a new wave of projects is getting underway in 2025. In this editorial, we've highlighted some of the best projects currently available for purchase, as well as those set to launch later this year.

<h2>What: Villea</h2>

<h3>Where: 26 Mawarra Street, Palm Beach QLD 4221</h3>

<h3>Who: Abadeen Group</h3>

Having spent nearly two decades delivering high-end apartments in Sydney’s affluent North Shore, developer <a href="/developers/abadeen-group">Abadeen Group</a> Group has expanded its operations to the Gold Coast.

Their first Queensland project, <a href="/new-apartments/villea-palm-beach-26-mawarra-street-palm-beach-qld-4221">Villea</a>, will offer 69 two- and three-bedroom apartments starting from under $1 million, located on Mawarra Street in the relatively untapped area of Palm Beach, not far from Tallabudgera Creek.

[smartcode_project:default project_id=106840 project_image_fid=178475]

Designed by BDA Architecture, the eight-level building will maximize natural light in each apartment. The apartments will feature kitchens with premium stone benchtops, central islands, and integrated Fisher &amp; Paykel appliances. Additionally, each apartment will have balconies off the kitchen, living, and dining areas, offering either ocean or hinterland views.

Villea will also feature a resort-style pool, gym, barbecue area, and a convenient boutique retail strip at street level.

[smartcode_project:default project_id=106840 project_image_fid=334281]

Currently under construction by Emicon, Villea is expected to be completed by the end of 2025.

<h2>What: Flourish on Sixth</h2>

<h3>Where: 6-12 Sixth Avenue, Palm Beach QLD 4221</h3>

<h3>Who: Sherpa Property Group</h3>

Local Gold Coast developer Sherpa Property Group is delivering the first project under its new Flourish brand in Palm Beach, a market they have been active in for several years.

The Flourish brand is designed to provide a more affordable entry point to an otherwise expensive market.

The Palm Beach development, <a href="/new-apartments/flourish-on-sixth-ave-6-12-sixth-avenue-palm-beach">Flourish on Sixth</a>, launched with rare one-bedroom apartments priced under $600,000—an uncommon find on the southern Gold Coast.

[smartcode_project:default project_id=146527 project_image_fid=311566]

The remaining two-bedroom apartments are still competitively priced from $1.09 million, with three-bedroom apartments starting from $1.63 million.

Flourish on Sixth will feature a rooftop amenity level with a heated lap pool, private cabanas, BBQ area, and wellness amenities such as a gym, sauna, steam room, and plunge pools.

[smartcode_project:default project_id=146527 project_image_fid=306037]

Additional features include work-from-home facilities, a shared electric vehicle service, and a car wash station.

Builder LPS Group has already started siteworks, with completion expected by early 2027.

<h2>What: Perspective Nexus</h2>

<h3>Where: 949 Gold Coast Highway, Palm Beach QLD 4221</h3>

<h3>Who: Sherpa Property Group</h3>

Sherpa Property Group is also working on another Palm Beach development, <a href="/new-apartments/perspective-nexus">Perspective Nexus</a>, located near Palm Beach Parklands.

Expected to be completed toward the end of 2025, this development is distinct from Flourish with its more upscale offerings, targeting local downsizers.

[smartcode_project:default project_id=108324 project_image_fid=250147]

The nine-level development will comprise 35 two-, three-, and four-bedroom apartments, including penthouses and sky homes with private rooftops.

Resident amenities will include a wellness center with a magnesium spa, sauna, steam room, pool, and a private dining area with an outdoor kitchen.

[smartcode_project:default project_id=108324 project_image_fid=245951]

The development will also offer electric car charging, a car wash bay, and parcel delivery storage.

Construction by&nbsp;<a href="/builders/lps-group">LPS Group</a> is already underway, with completion expected in Q3 2025.

<h2>What: La Belle</h2>

<h3>Where: 332 The Esplanade, Palm Beach QLD 4221</h3>

<h3>Who: Marquee Developments</h3>

Another prominent Gold Coast developer, Marquee Developments, is making significant progress on their Palm Beach apartment development, <a href="/new-apartments/la-belle-palm-beach-332-the-esplanade-palm-beach">La Belle</a> Palm Beach.

The 75 luxury two-, three-, and four-bedroom apartments sold out quickly when launched in early 2024. Within three months, over 70 per cent of the apartments were sold, and construction soon began on the prime site on The Esplanade.

[smartcode_project:default project_id=102340 project_image_fid=273590]

Residents of La Belle will have access to two levels of amenities, including a heated outdoor pool and spa, teppanyaki dining bars, a lounge with a billiards table and bar, and a wellness center featuring a gym, yoga and Pilates studio, Nordic and infrared saunas, and hydrotherapy hot and cold plunge baths.

The development will also feature a hotel-style lobby with private office spaces for remote working.

La Belle is expected to be completed by mid-2026.

<h2>Where: 62-64 Jefferson Lane, Palm Beach QLD 4221</h2>

<h3>Who: Gordon Corp</h3>

Tim Gordon's&nbsp;<a href="/developers/gordon-corp">Gordon Corp</a> is gearing up to launch their latest development on the Jefferson Lane dress circle.

Gordon Corp is teaming up again with the billionaire Mathieson family who are also joint venture partners on the luxury Mantaray project in Main Beach.

In the coming months, buyers will have a chance to secure one of the 47 two and three-bedroom apartments near the Pavilions Palm Beach retail precinct.

<img alt="First look exclusive: Gordon Corp team up again with Mathieson family and join booming Palm Beach off the plan apartment market" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_auto/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screenshot%202024-09-13%20at%2012.42.07%E2%80%AFPM.png?VersionId=QlRr6YQL0SD1Y8ixXo2QWRRpSyCJDSpL" />

<a href="/architects/cottee-parker-architects" target="">Cottee Parker</a>&nbsp;designed the nine-level atrium with an&nbsp;open-air atrium for natural ventilation and a suite of private amenities including a&nbsp;15m lap pool with daybeds and cabanas, a wellness centre with a cold plunge, hot spa, sauna, steam room, and a state-of-the-art gym.

Read more at:&nbsp;<a href="/news/qld/first-look-exclusive-gordon-corp-team-up-again-with-mathieson-family-and-join-booming-palm-beach-off-the-plan-apartment-market">First look exclusive: Gordon Corp team up again with Mathieson family and join booming Palm Beach off the plan apartment market</a>

<h2>What: Cirrus</h2>

<h3>Where: 1101 Gold Coast Highway, Palm Beach QLD 4221</h3>

<h3>Who: Macquarie York</h3>

<a href="/developers/macquarie-york">Macquarie York</a> is working toward a 2025 launch of Cirrus, which received approval from the Gold Coast City Council late last year.

<a href="/new-apartments/cirrus-palm-beach-1101-gold-coast-highway-palm-beach">Cirrus</a>, which will meet Jefferson Lane near the Palm Beach Surf Club, will comprise just 10 full-floor apartments and a two-level penthouse.

[smartcode_project:default project_id=22108 project_image_fid=312173]

Cirrus will also feature a level one recreation deck with a swimming pool and lounge area overlooking the ocean.

Macquarie York had <a href="/architects/plus-architecture">Plus Architecture</a> take the architectural lead for the development.

<h2>Where: 402-404 The Esplanade, Palm Beach</h2>

<h3>Who: Chanine Developments</h3>

Sydney-based developer&nbsp;<a href="/developers/chanine-developments">Chanine Developments</a> is too looking toward the luxury end of the market.

They're making their Gold Coast debut on The Esplanade with 15 half-floor apartments and a five-bedroom penthouse with a private rooftop pool.

Chanine is led by Marwan Chanine, who says he wants to bring&nbsp;the luxury of Sydney's Eastern Suburbs to Palm Beach through high-end finishes and design.&nbsp;

<img alt="Two new luxury apartment developments coming to Palm Beach in early 2025" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_auto/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screen%20Shot%202024-04-22%20at%204.39.02%20pm.png?VersionId=sFn95mI3.TXZg5_hH7Srgj0vhyPRP.4o" />

The prime beachfront location is expected to attract downsizers and owner-occupiers looking for a coastal lifestyle.&nbsp;

The project is set to hit the market in early 2025.

Read more at:&nbsp;<a href="/news/qld/two-new-luxury-apartment-developments-coming-to-palm-beach-in-early-2025">Two new luxury apartment developments coming to Palm Beach in early 2025</a>

We've highlighted some of the best projects currently available for purchase, as well as those set to launch later this year

Where to buy in Palm Beach in 2025

Developer David Devine's luxury Burly Residences in North Burleigh Heads is one step closer to being realised.

Construction firm Gowdie Management Group has started the build phase of the $535 million apartment development on a prime beachfront site at The Esplanade.

The 25-level apartment development will have just over 100 high-end apartments, serviced by a full suite of facilities unseen in the exclusive pocket of North Burleigh.

[smartcode_project:default project_id=134791 project_image_fid=328210]

GMG, responsible&nbsp;for delivering a whole range of developments over the past 20 years nationally, expects to complete the build in 2027.

GMG is headed by John Gowdie who has more than 30 years experience in the Australian construction industry. Gowdie’s early years were spent working for some of Australia’s major construction companies, including Lend Lease and Walter Corporation, before establishing GMG in 2004.

DD Living CEO David Devine said it was exciting to see GMG on site bringing Burly Residences to life.

“Much has happened since we formally launched <a href="/new-apartments/burly-residences-north-burleigh-264-268-the-esplanade-burleigh-heads">Burly Residences</a> to the market, and I am very proud of the progress we have made to date and I am proud to announce our selection of Gowdie Management Group as the builder for the project,” Devine said.

“We are pleased to be working with a construction company of such high calibre for the delivery of Burly Residences to the elite standard we designed."

[smartcode_project:default project_id=134791 project_image_fid=328213]

Burly Residences will comprise two, three and four-bedroom apartments with two full levels of facilities including several swimming pools, a gym with Peloton room, steam room, sauna, yoga and Pilates lounge, a private cinema, barbecue area, casual and formal dining, kitchen, teppanyaki bar, private office, executive lounge and a bar.

Legendary Japanese architect Koichi Takada designed Burly Residences, and the interiors were handled by the equally regarded interior practice, MIM Design, led by design doyenne Miriam Fanning.

The two-bedroom apartments start from 116 sqm and the four-bedrooms reach 743 sqm.

[smartcode_project:default project_id=134791 project_image_fid=328218]

Adrian Parsons of TOTAL Property Group says&nbsp;Burly is completely unique and beyond anything else currently available on the market in North Burleigh.

“Large prestigious apartments enjoy 40 metres of beach frontage overlooking North Burleigh Beach and two whole levels of six-star resort and lifestyle amenities that are on par with the world’s most luxurious resort hotels," Parsons says.

"These facets and the exceptional location within walking distance of Burleigh Heads place Burly as a unique opportunity for large home-sized apartments right on the beach with six-star luxury and amenity.”

Prices start from just over $2.4 million.

[smartcode_project_cta:default project_id=134791]

Construction commences at Devine's luxury Burleigh tower, Burly Residences

Sales have launched at Hali Dromana, the rare beachside townhouse development by Samuel Property on the Mornington Peninsula.

Samuel Property, led by Illan Samuel, once again partnered with the architectural excellence of Cera Stribley, one of Melbourne's most sought-after architecture firms, to design the 70 three and four-bedroom townhouses. The two worked together on Louise, Samuel's other development just off St Kilda Road.

Samuel says <a href="/new-townhouses/hali-dromana-105-111-point-nepean-road-dromana-vic-3936">Hali Dromana</a> is a homage to the beloved 1960s holiday home where Australian summers were defined.

"Hali will give <a href="/developments/dromana-vic-3936">Dromana</a> a fresh identity that will stand the test of time," Samuel says.

[smartcode_project:default project_id=147112 project_image_fid=330350]

There have been three distinct buyer groups since the project launched, according to Blair Property Group Director Darren Blair.

The most active group has been those who already live on the Mornington Peninsula and are looking for lower-maintenance living, closer to the beach.

"These buyers have been locals for years, whether from Rosebud, Safety Beach, or Red Hill," Blair says.

"They want to rid themselves of maintaining a 1,000-plus sqm block and downsize to something brand new, closer to the beach. They're approaching retirement and want a more connected, lock-up-and-leave lifestyle—they don't want to get in their car and drive to the beach anymore."

[smartcode_project:default project_id=147112 project_image_fid=330358]

There's also been interest from those living in Melbourne's affluent eastern suburbs, who are planning for both a weekender and, potentially, a future beachside retirement home.

"These buyers will likely rent the home in the short to medium term and use it as their weekender throughout the year, but they're buying for a future permanent bolthole on the Mornington Peninsula."

What’s notable is that most of those who have shown interest have a significant connection to Dromana, Blair says.

"They either holidayed or grew up in Dromana as children, and they have historic ties to the area. Hali gives them the opportunity to buy something of this quality, which was previously unavailable anywhere on the Mornington Peninsula."

Samuel recently secured the permit for the near two-hectare block that was formerly the Kangerong Holiday Park. The few buildings that were on the prime site have started to be demolished, and civil works on the land will begin in the coming months. Completion of Hali is slated for mid-2027.

Buyers are already walking through the display suite at 9 Pier Street, 700m from Hali.

[smartcode_project_cta:default project_id=147112]

Buyers are already walking through the display suite at 9 Pier Street, 700m from Hali

Hali Dromana strikes a chord with locals and Melbourne buyers looking for low maintenance beachside living

The European origins of the Hunter Valley date back to the early 1820s when the first small vineyard plots of about 20 acres were planted on the northern banks of the Hunter River trade route. Fast forward over two centuries and the Hunter Valley has grown to become one of the most popular regional destinations for foodies, wine lovers and golfers.

Despite the high level of interest in both living and visiting the Hunter Valley,&nbsp; development of new residential offerings has been limited. The Hunter Valley is traditionally known for its charming country homes, many of which have been in place for over a century and sit on larger rural blocks of land.

<a href="/new-townhouses/lovedale-farm-1184-wine-country-drive-lovedale-nsw-2325">Lovedale Farm</a>, the new residential, resort, and golf community from Capital Corporation, brings a new residential offering to those seeking the Hunter Valley lifestyle. The opportunity has not been lost on those from Sydney and Newcastle, who have already snapped up over 60 per cent of the first release.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/eUNxE5XQX8w?si=deCOe1eLBXwFfvFA" title="YouTube video player"></iframe>

In the heart of the Hunter Valley between Pokolbin and Rothbury, Lovedale Farm is a masterplanned golf development that will span an almost unrepeatable 240 hectares.

Every detail has been designed to be in keeping with the character of the local region, from half of the site being dedicated to green open spaces, bush restoration and recreation, to the design of three and four-bedroom residences, crafted as a rural retreat for 21st-century living.&nbsp;

[smartcode_project:default project_id=14476 project_image_fid=334210]

<a href="/developers/capital-corporation">Capital Corporation</a> has worked hand in hand with Cessnock Council and NSW Government for the best part of two decades to realise the vision for Lovedale Farm.&nbsp; The first release of residences will be accompanied by an 18-hole golf course designed by Darius Oliver, the designer known for projects like Cape Wickham on King Island.&nbsp; The masterplan includes a wider residential community, a boutique, high-end resort, destination dining precinct and apartments.&nbsp;&nbsp;

Buyers now have the chance to secure a slice of Lovedale Farm. Lot sizes range from 550 sqm up to 3,000 sqm. Prices for turnkey residences start from $1.35 million for three-bedroom homes on 550 sqm lots, lower than Sydney’s median house price of around $1.4 million.

The residences have been custom-designed exclusively for the development, balancing contemporary architecture with the traditional character of the Hunter Valley, with landscaping by Moir Studio.

[smartcode_project:default project_id=14476 project_image_fid=334207]

The golf-first design principle ensures the course remains a focal point, with a British heathland-style layout providing both strategic play and scenic views. Complementing the community will be an epicurean dining precinct featuring farm-to-table dining and a mix of local producers. The boutique resort will include luxury amenities such as a swimming pool, fitness facilities, and leisure spaces.

With seven kilometres of walking trails and a landscape inspired by the area’s natural beauty, Lovedale Farm is designed to provide both residents and visitors with an authentic rural lifestyle experience.

[smartcode_project:default project_id=14476 project_image_fid=334206]

Capital Corporation is officially unveiling its display suite at nearby Hunter Valley Gardens on March 15. The event, Gather on the Green, will feature local food, wine, and entertainment.&nbsp;

Capital Corporation has an enviable track record for creating large-scale, masterplanned communities across urban regeneration and greenfield sites. They’ve been behind the development of Woolooware Bay Town Centre at Cronulla Sharks Shark Park.&nbsp; More recently they are working on a multi-stage development in Wahroonga, <a href="/new-apartments/the-residences-at-wahroonga-estate-169-fox-valley-road-wahroonga-nsw-2076">The Residences</a>, which will bring the first-ever large-scale development to the popular Upper North Shore suburb.

Last year they completed The Bond, working in tandem with the Bondi Junction RSL Club to develop 80 high-end apartments above a brand new RSL Club on Gray Street Bondi Junction.

[smartcode_project_cta:default project_id=14476]

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