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

Joel Robinson

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

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

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

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

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

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

Lowe Living launches Jardin House in Camberwell

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

The Walden pairs house-scale living with North Sydney connectivity

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

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

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

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

Every First Home Owner Grant for new property by state

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

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

Staff Writer

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

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

alisonwarters@gmail.com

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

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

Ellen Walker

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

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Citi Group's managing director Dragi Ristevski and his wife, Vicky Jardim, the Channel 9 news reporter, have spent $6.4 million in Woollahra on a modernised 1930s home.
It was snapped up just six days into its marketing.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/8/30/woollahra%201%201.jpg" alt="">
Last trading for $2.35 million in 2002, the four-bedroom residence was architecturally redesigned in 2005 when it was the home of photographer Naomi Hamilton.
There’s no sign yet of their earlier Woollahra home coming up for sale. It cost $4.45 million in 2015.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/8/30/woollahra%202%201.jpg" alt="">
Ristevski, who was at Macquarie Group before joining Citi in 2010, reportedly has got more deals on than just about anyone in the market.
Citi is advising on the sales of restaurant conglomerate Rockpool Group, the Boost Juice franchising giant and the Strike Bowling owner Funlab.
This article was first published in the Sunday Telegraph.
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Citi Group managing director buys $6.4 million Woollahra home

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South Sydney Rabbitohs star George Burgess will need to decide what to do with his almost completed Randwick apartment given his imminent move back to the UK.
In early 2016, Burgess spent just over $2 million on an off-the-plan purchase, with an intention to move into the boutique MHNDU-designed Epoque unit with his then girlfriend, interior designer, Joanna.
The now married couple had their third child only last month, with Blainey, Birdie and Boston all under three years of age.
Having recently inked a three-year deal to play for the Wigan Warriors in the ­English Super League, their three-bedroom garden apartment could instead ­become an investment or be listed for sale.
Local agents are, so far, unaware of any plans.
Burgess will no doubt be keeping an eye on his neighbour who is looking to flip another garden apartment at $2.45 million.
McGrath Coogee agents Nicholas Wise and Adrian Bo have been marketing the on-sale for six months without success.
The much-delayed project was a sellout through Laing &amp; Simmons agent D’Leanne Lewis by late 2016.
She says settlements are now early October.
The development company, directed by prolific developer Ronnie Shulkin and Bernard Stang, bought the Higgs St site in 2014 for $3.66 million and secured ­approval in the Land and Environment Court in early 2016 for the four-storey block comprising eight apartments.
The Burgess family’s former Chifley home was sold late last year. It had been bought from his former teammate, builder Tim Grant.
Burgess’s former teammate turned estate agent, Beau Champion, sec­ured its sale at $1.6 million.
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UK-bound George Burgess to decide on Randwick apartment

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Domain Group has launched a new school-based search experience allowing property-searching parents to search by school name.
It is aimed at parents with specific schools or school catchments in mind to access school information in their property search.
When parents search by school names, they will get access to up to date information such as school types, gender mixes, and properties for sale or rent within the school catchment. 
Maty Paule, Chief Product Officer at Domain, commented that 50% of the parents told us that nothing was "more important than being able to send their kids to a certain school, or to be confident in the school catchment areas around their new property".
"Properties within highly-regarded school zones can boost house prices, and the information parents attain when they search by school names on Domain can add depth to their property decisions in the long term," he said.
Search by school name on Domain will enable parents in Australia to:
<ul>
<li dir="ltr">
Find properties to buy or rent that meet specific criteria and are located within desired school catchments. 
</li>
<li dir="ltr">
Immediately see which school catchment their property falls in, along with a list of nearby government and non-government schools. 
</li>
<li dir="ltr">
Access important information for schools across Australia, including location and catchment maps, school types, gender mixes and year ranges. 
</li>
<li dir="ltr">
View travel times from a property to a school by car, public transport and walking during the busy morning drop-off.
</li>
</ul>
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Domain launches school-based search for property-hunting parents

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The longtime Bellevue Hill abode of financier Jim Byrnes has been sold.
Buyers were initially advised of a $6.8 million price guide before a change in agents to Bill Malouf at LJ Hooker, who is understood to have secured $6.2 million.
It is the residence where bullets were fired into the five-bedroom family home in 2012 in a dramatic drive-by shooting.
The reports of the drive-by noted three bullets were fired into the home, with one lodging in a wardrobe.
The property was last sold in 2004 when $4.5 million was paid by Byrnes’ wife, Gina.
This article was first published in the Saturday Daily Telegraph.  
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Financier Jim Byrnes' Bellevue Hill home sold

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The RBA deputy governor Guy Debelle has noted that the housing market downturn seems to have come to an end.
Debelle, who was the keynote speaker at the 14th Annual Risk Australia Conference in Sydney on Thursday, said there is evidence the decline has reached his conclusion.
"If this is the case, the drag from declining wealth and turnover will dissipate," Debelle said.
"Housing market conditions may even start to support consumption growth again in the period ahead."
Debelle suggested the dynamics of the housing markets have affected the consumption outlook.
"Overlaid on the slow growth in household income has been the effect of the decline in housing prices," Debelle said
"Some part of that effect comes through a wealth effect: as housing prices fall, homeowners' wealth declines, which reduces their spending.
"Some part of the effect comes through the lower housing turnover that has accompanied the decline in housing prices.
"Housing turnover is around its lowest level in more than 20 years. When people move house, they spend more on things like household furniture."
Debelle suggests households are benefitting, in aggregate, from the effect of lower interest rates.
"While the income of households with deposits is lower, the household sector as a whole has around twice as much debt as deposits. Hence the cash flow boost from lower mortgage payments outweighs that of lower deposit rates.
"Again, there is uncertainty about how much of that cash flow boost will be spent or saved, including in the form of paying down mortgages faster.
"If households use the additional cash flow to pay down their mortgages, it does bring closer the date that they will be more comfortable with their balance sheets and return to more regular spending habits.
Debelle says the RBA are expecting the GDP growth outcomes to strengthen after a run of disappointing numbers.
"This outlook is supported by a number of developments including: lower interest rates, the recent tax cuts, a depreciation of the Australian dollar, a brighter outlook for investment in the resources sector, some stabilisation of the housing market and ongoing high levels of investment in infrastructure," Debelle added.
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Evidence decline in house prices has reached an end: RBA's deputy governor Guy Debelle

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Unemployment ticked slightly higher in July, but remained steady on a seasonally adjusted basis, firm over July, according to the latest figures form the ABS.
The unemployment rate was predicted to remain unchanged at 5.2 percent in July, seasonally adjusted, with an increase of around 14,000 jobs tipped.
In trend estimates however, unemployment rose to 5.3 percent.
There were 41,100 jobs added over the month.
Full time employment increased by 34,500, with part time employment rising 6,700.
IFM Investors economist Alex Joiner said employment growth was strong with the amount of jobs added over the month. There had been just 500 jobs added in June.
"The unemployment rate tracked sideways at 5.2% despite rising participation, potentially giving the RBA another month to assess the data," Joiner said. 
To enlarge, <a href="https://www.propertyobserver.com.au/images/2019/8/15/Unemployment%20by%20state.jpg" target="_blank">click here</a>.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/8/15/Unemployment%20by%20state.jpg" alt="">
South Australia now has the highest unemployment rate in the country, seasonally adjusted at 6.9 percent.
Unemployment declined in New South Wales, Queensland and Tasmania.  
ABS chief economist Bruce Hockman said Australia's trend unemployment rate increased to 5.3 per cent in July 2019, the same level as this time last year. "The trend participation rate increased further to 66.1 per cent, while employment growth continues to show strength," Hockman added.
Former RBA economist Callam Pickering says Australia still has a two speed labour market.
"Unemployment rate in NSW (4.5%) and VIC (4.8%) much better than in other parts of the country. SA (6.3%), QLD (6.4%) and TAS (6.7%) particularly troubling," he said.
Over the past year, trend employment increased by 339,200 persons (2.7 percent) which was above the average annual growth over the past 20 years (2.0 percent).
Australia doesn't come close to making it into the top 16 countries for unemployment rate.
South Africa has an unemployment rate of nearly 30 percent, while Portugal, who are 16th on the list, have 6.8% of the population unemployed.
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Unemployment ticks higher in July, but remains steady seasonally adjusted

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<a href="http://www.chc.com.au/">Clarke Hopkins Clarke</a> challenged the idea of a typical suburban neighbourhood shopping centre and transformed it into an engaged, lively, mixed use community, thus creating Polaris Town Centre.

Creating the walkable 20 minute neighbourhood on the former uninhabited Larundel Psychiatric Hospital site was not only a solution to community growth but the restoration, preservation and revitalisation of the Heritage buildings that lay in disrepair for over a decade.

With heritage character charm, Polaris Town Centre represents one of Melbourne’s first examples of ‘main street’ master-planning providing housing diversity, community facilities and walkable, green space though it is not complete just yet. <a href="/architects/clarke-hopkins-clarke-0">Clarke Hopkins Clarke</a> proudly present the final two instalments to the Town Centre which through its 15 stages has spanned 10 years of thoughtful and adaptive development.

<div class="rtecenter"><a href="https://www.chc.com.au/project/eclipse-townhouses">ECLIPSE</a></div>

<div class="rtecenter"> </div>

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/eclipsee.jpeg" rel="gallery-all" title="Eclipse exterior. Image supplied."><img alt="" class="image-article-full-width-580px" height="244" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/eclipsee.jpeg?itok=ECCO07pD" title="Eclipse exterior. Image supplied." width="580"></a>

<figcaption>Eclipse exterior. Image supplied.</figcaption></figure> 
The final stage of ten townhouses that make up Eclipse, Polaris has been released, bridging the gap between the modern and heritage apartments appealing to an increasingly mixed demographic. 
As Clarke Hopkins Clarke have been conscious and careful in protecting and retaining an environmental focus, Eclipse has been designed so that all heritage trees along the street frontage during the construction process are kept untouched.

The Eclipse townhomes are the final piece at the end of a long developmental process to form the Polaris Town Centre. A blend of modern, heritage and contemporary architecture forms a diverse community aesthetic and each Eclipse townhome will echo with the colours of its natural environment of iconic gumtrees and parkland outside.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/eclipse_.jpeg" rel="gallery-all" title="Image supplied."><img alt="" class="image-article-full-width-580px" height="725" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/eclipse_.jpeg?itok=nYthuzhH" title="Image supplied." width="580"></a>

<figcaption>Image supplied.</figcaption></figure><div class="rtecenter">
 LUNAR
</div>

<div class="rtecenter"> </div>

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/lunar.jpeg" rel="gallery-all" title="Lunar exterior. Image supplied"><img alt="" class="image-article-full-width-580px" height="487" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/lunar.jpeg?itok=lw_KG5Yr" title="Lunar exterior. Image supplied" width="580"></a>

<figcaption>Lunar exterior. Image supplied</figcaption></figure>Introducing the last instalment to the award-winning community-building project, Lunar townhouses and apartment complex, a refreshing perspective for modern living. Located in the heart of the Polaris Town Centre, Lunar brings a collection of 41 one, two and three bedroom apartments with upsized floor plans and enhanced finishes for low-maintenance living.

Set amongst the vast green space, Lunar residents will be able to enjoy the convenience and nestle comfortably in the fabric of the community within walking distance of cafes, restaurants, specialty stores and a supermarket at Polaris. The townhouses are awash with natural light and the complex is surrounded by green space to which residents can enjoy via their private balconies or courtyard gardens.

Lunar introduces a refreshing new perspective of modern living as more Australians move into mixed use precincts, admiring the 20-minute neighbourhood model. Polaris is close to LaTrobe University and serviced by a prominent tram line, providing connection to the Melbourne CBD.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/supplied.jpeg" rel="gallery-all" title="Lunar interior. Image supplied"><img alt="" class="image-article-full-width-580px" height="255" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/supplied.jpeg?itok=-VyhoomO" title="Lunar interior. Image supplied" width="580"></a>

<figcaption>Lunar interior. Image supplied</figcaption></figure> 
We spoke with Multi-Res Partner Toby Lauchlan and the Mixed-use and Urban Design Partner Dean Landy from CHC about their monumental project. 
 

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/dean.jpeg" rel="gallery-all" title="Mixed-use and Urban Design Partner Dean Landy"><img alt="" class="image-article-full-width-580px" height="387" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/dean.jpeg?itok=0JKeG-6u" title="Mixed-use and Urban Design Partner Dean Landy" width="580"></a>

<figcaption>Mixed-use and Urban Design Partner Dean Landy</figcaption></figure><figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/toby.jpeg" rel="gallery-all" title="Multi-Res Partner Toby Lauchlan"><img alt="" class="image-article-full-width-580px" height="387" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/toby.jpeg?itok=8tjy6pY2" title="Multi-Res Partner Toby Lauchlan" width="580"></a>

<figcaption>Multi-Res Partner Toby Lauchlan</figcaption></figure> 

What drew you to Bundoora?

Dean Landy: We were the design architects selected by Dealcorp, which secured the former Larundel Psychiatric Hospital site from VicUrban. <a href="/developers/dealcorp">Dealcorp</a> had a very clear vision for the site and it was our role to interpret that vision into the masterplan. We have then been able to work with Dealcorp over the last eight years to develop each stage of the development.

 

What was the biggest trend you noticed in the area?

Dean: More and more people are now selecting where they live based on the lifestyle choices and surrounding amenity. This is a growing trend everywhere, and it was a fairly new trend in Bundoora when this project originated. It’s about creating walkable, people focused places that are well connected, convenient and have a distinctive sense of place that people can be proud of. We believe Polaris delivers on all of these key elements. 
The other emerging trend when this development commenced was an increasing demand for apartments. This was initially driven by a student market, but as the development matured, Dealcorp has been able to offer a more diverse range of apartment options to better accommodate a high number of owner-occupiers, who enjoy having everything at their doorsteps.

 

I grew up in Reservoir and when studying at LaTrobe University, my family and I would frequent Polaris Shopping Centre quite often. Growing up in the North, we were used to shopping in underutilised centres with vast car parks and poorly maintained buildings and there was always an uneasiness. Is this something you noticed when designing Polaris and did you realise the beneficial impact it would have on locals?

Dean: The intention of Polaris from the outset was not to repeat the generic suburban shopping centre formula that was typical for these areas – generally single-use destinations and more focused on cars. We’ve tried to create a true mixed-use urban centre focused on people. The idea of introducing under-croft carparking, pedestrian-only laneways, urban squares and access to green spaces was all about breaking the mold. The built form is a key element in creating a true village centre look and feel. The upper-level apartments provide better framing of streetscapes and also provide more passive surveillance after retail hours.

 

What were your experiences with local town centres?

Dean: ClarkeHopkinsClarke has been actively involved in the design of many new town centres across Australia.  In our experience, the best town centre design draws on the lessons of the great pre-war planning era, as like you see in Yarraville, Elwood and East Ivanhoe, and contextualises it to meet contemporary vehicle demands, single ownership structures, retail habits and spatial requirements. We’ve found that what differentiates a new local town centre from just another shopping centre is a sense of place and character, as well as a reconsideration of the urban built form. How does it feel to see Polaris Town Centre mentioned in high esteem amongst global works in Hoyne’s book The Place Economy Vol 2? 
Dean: Polaris is only a small project compared to some of the exemplar projects discussed in Hoyne’s The Place Economy Vol 2. But I think it’s an important case study. At the end of the day, it’s these medium-scale, mixed-use local town centres that have the potential to impact the most number of people on a day to day basis by providing more affordable housing and better access to public transport, encouraging more walkability and increasing social interactions. Given that every major city around the world is dealing with urban sprawl and discussions around densification, more projects like Polaris have real potential to improve people’s quality of life.

 

The northern suburbs have incredibly car dependant areas. How important was it for ClarkeHopkinsClarke to establish a walkable, activated and integrated community?

Dean: Walkability is already a big focus in urban planning and real estate marketability, and that’s set to increase. Two inter-related trends will drive demand for more mixed-use, walkable urban development in all areas of greater Melbourne. The first is the rapid decline in millennials’ uptake of car ownership and drivers’ licenses. More and more young people see cars as expensive to buy, often inconvenient to park, and expensive to maintain and fuel. Public transport, Uber, cycling and walking are now the preferred options of many. 
The second is the increase in lifestyle and amenity requirements of many groups, from millennials to baby boomers. More people want to be within walking distance of shops, great coffee, healthcare and schools. This also translates into demand for more walkable neighbourhoods. The health and wellbeing benefits of walkable communities are now more widely understood. People have realised that it is a lot more enjoyable to be part of a community that’s framed around a walkable lifestyle.

 

As Polaris developed, did the designs and plans for Eclipse and Lunar apartments and townhouses change over time?

Toby Lauchlan: Residential homes are always the key drivers of designing for a community. Lunar and Eclipse are among the final residential insertions at Polaris Bundoora, which has been evolving over eight years now. Our approach has been to provide a diverse environment with high quality, varied typologies.

 

Both Lunar and Eclipse have such a strong feeling of home. How important was bringing that warmth to the design? 
Toby: As with every home, we aim to achieve a sense of belonging, connection and openness, with light filled, inviting spaces. That starts with open living spaces, cosy bedrooms and ample storage. We build up warmth and interest in every dwelling by incorporating layers of textured materials, from stone to timber grain to tones inspired by the surrounding eucalyptus trees. 

 

With Lunar and Eclipse being among the final instalments to the Polaris Town Centre, what makes them special? 

Toby: Creating the final instalments of a project is like the writing the closing chapters of a book, so we wanted to make an impact. Polaris has been a rewarding experience for us and we wanted to ensure we left a great legacy for residents and our long-term clients. With Lunar and Eclipse, it was about leaving a careful footprint on the remaining sites. Minimal impact to the heritage apartments. Placing townhouses where we could retain as many of the existing trees as possible. Ensuring that the idea of apartment living isn’t marked by small, cramped spaces, but large, open living areas and lovely vistas. Architecturally our language was simple – structured forms and layered interest through angled roof forms and natural materials, with a strong connection to the local vernacular. 

 

 

 

 
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Nick Dante

Q&A: Clarke Hopkins Clarke’s Polaris Town Centre enters its final phase

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For many Australians who are moving from a detached dwelling to an apartment, downsizing possessions and furniture for apartment living can be a daunting task, but it doesn't have to be. If you're on the search for new furniture, before venturing out to your local discount store, consider buying local – it's more sustainable, built to last and supports local talent.

Here's a round-up of some of our favourite Australian furniture perfect for apartment living.

<h2>THE DAY BED</h2>

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/s_boxdaybed_2_1900px_.jpg" rel="gallery-all" title="Mark Tuckey Box Day Bed"><img alt="" class="image-article-full-width-580px" height="363" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/s_boxdaybed_2_1900px_.jpg?itok=OyfG7IWG" title="Mark Tuckey Box Day Bed" width="580"></a>

<figcaption>Mark Tuckey Box Day Bed</figcaption></figure>Made in Melbourne/Perth

A day bed is an ideal addition to any apartment, as it gives the flexibility to accommodate guests while having a multi-purpose function as a couch during the day.

Featured: <a href="https://www.marktuckey.com.au/furniture/box-day-bed-sofas/">Mark Tuckey’s Box Day Bed</a> is made from either recycled Oregon with a soap finish and ivory linen, or birch ply with lime and lacquer finish and washed hemp upholstery.

[smartcode_project:default project_id=4246]

<h2>THE FLOATING BED</h2>

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/7803f260d5ad4b1d-simonancher_01072019_01.jpg" rel="gallery-all" title="Simon Ancher Studio Floating Bed in Tasmanian Oak "><img alt="" class="image-article-full-width-580px" height="386" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/7803f260d5ad4b1d-simonancher_01072019_01.jpg?itok=oI2dYPZA" title="Simon Ancher Studio Floating Bed in Tasmanian Oak " width="580"></a>

<figcaption>Simon Ancher Studio Floating Bed in Tasmanian Oak</figcaption></figure><figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/e4bf2002e870f228-274a2234.jpg" rel="gallery-all" title="Floating bed in situ"><img alt="" class="image-article-full-width-580px" height="387" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/e4bf2002e870f228-274a2234.jpg?itok=uUs4Ft0S" title="Floating bed in situ" width="580"></a>

<figcaption>Floating bed in situ</figcaption></figure>Made in Tasmania

Aside from looking ultra-futuristic and trendy, a floating bed gives the impression of a more spacious room, which is great if your apartment is on the smaller side. Having built-in nightstands will also create more space around the bed, as well as a valuable storage facility.

Featured: <a href="http://simonancherstudio.com.au/beds">Simon Ancher Studio’s Floating Bed</a> in Tasmanian Oak, which contains soft-close drawers, concealed charging points and a natural oil finish. The bed is available in a selection of stains to suit your apartment’s colour scheme.

<h2>THE DISPLAY LADDER</h2>

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/laddersolo2.jpg" rel="gallery-all" title="Rhys Cooper’s ‘Drape’ ladder"><img alt="" class="image-article-full-width-580px" height="870" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/laddersolo2.jpg?itok=56mXy77C" title="Rhys Cooper’s ‘Drape’ ladder" width="580"></a>

<figcaption>Rhys Cooper’s ‘Drape’ ladder</figcaption></figure>Made in Sydney

Display ladders are an attractive way of storing rugs, blankets, garments, scarves and towels, and especially handy if you run out of space in your storage cupboards.

Featured: <a href="http://www.rhyscooper.com.au/drape">Rhys Cooper’s ‘Drape’ ladder</a> is elegant, yet durable and practical.

[smartcode_project:default project_id=94811]

<h2>THE STACKING STOOL</h2>

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/mast_11_feb_19_206.jpg" rel="gallery-all" title="Mast Furniture’s Base Stacking Stool"><img alt="" class="image-article-full-width-580px" height="386" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/mast_11_feb_19_206.jpg?itok=3dUh7imR" title="Mast Furniture’s Base Stacking Stool" width="580"></a>

<figcaption>Mast Furniture’s Base Stacking Stool</figcaption></figure><figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/mast_11_feb_19_211.jpg" rel="gallery-all" title="The Stacking Stools stacked"><img alt="" class="image-article-full-width-580px" height="386" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/mast_11_feb_19_211.jpg?itok=4RDJoFWE" title="The Stacking Stools stacked" width="580"></a>

<figcaption>The Stacking Stools stacked</figcaption></figure>Made in Brisbane

Can you have a small minimalist apartment, and host guests? Absolutely! Stackable furniture is the secret to maintaining your floor space while being able to transform your home to accommodate guests when they visit.

Featured: <a href="https://mastfurniture.com.au/portfolio/basestackingstool">Mast Furniture’s ‘The Base Stacking Stool’</a> is a solid timber stool with an organic form as well as many uses – seating, plant stand, side table etc. Each set can be stacked in groups of three stools.

<h2>THE SHELVING UNIT</h2>

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/fable_open_shelving_02.jpg" rel="gallery-all" title="Didier Fable Open Shelving Unit"><img alt="" class="image-article-full-width-580px" height="435" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/fable_open_shelving_02.jpg?itok=0gnN0Syv" title="Didier Fable Open Shelving Unit" width="580"></a>

<figcaption>Didier Fable Open Shelving Unit</figcaption></figure>Made in Melbourne

Open shelving units are great for creating the illusion of more available space. A cumbersome unit with cupboard doors essentially blocks the line of vision, whereas a more delicate frame in a similar colouring to the wall should appear less jarring.

Featured: <a href="http://www.didier.com.au/project/fable-open-shelving-unit/">The Fable Open Shelving Unit by Didier</a> features solid, meticulously crafted oak structure.

<h2>THE SIDE TABLE</h2>

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/product_0000_staple_1.jpg" rel="gallery-all" title="Lucious Handmade X Hamilton Taylor Made Staple Side Table"><img alt="" class="image-article-full-width-580px" height="580" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/product_0000_staple_1.jpg?itok=zfJMOAGO" title="Lucious Handmade X Hamilton Taylor Made Staple Side Table" width="580"></a>

<figcaption>Lucious Handmade X Hamilton Taylor Made Staple Side Table</figcaption></figure>Made in Melbourne

A coffee table can take up an inordinate amount of space, while a side table can serve a similar purpose while being tucked away tidily and only used when required.

Featured: <a href="https://www.lucioushandmade.com/shop/staple-side-table">The Lucious Handmade X Hamilton Taylor Made Staple Side Table</a>. The lightweight C-shaped design is both versatile and functional and can be tidily tucked under a couch in place of a coffee table.

<h2>THE ARMCHAIR</h2>

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/20190219121525_img_2110.jpg" rel="gallery-all" title="Ingrain Designs Recycled Messmate Chair"><img alt="" class="image-article-full-width-580px" height="387" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/20190219121525_img_2110.jpg?itok=1f8WqunL" title="Ingrain Designs Recycled Messmate Chair" width="580"></a>

<figcaption>Ingrain Designs Recycled Messmate Chair</figcaption></figure>Made in Melbourne

A comfortable armchair is arguably as important as a decent sofa. Find the right one and you’ll instantly feel at home. A small armchair can be used as an additional seating option in the lounge, in the bedroom/study or even on the deck (if weatherproofed). Many companies give you the option to choose your own upholstery, which gives you a great opportunity to add personality to your new apartment.

Featured: <a href="https://www.ingraindesigns.com.au/shop/7ujbsan2ingckjm3vpsj50msqnc8eb">Ingrain Designs Recycled Messmate Chair</a> made from 100% recycled timber, feather cushions, and upholstered with material from Sustainable Fabrics.

[smartcode_project:default project_id=26879]

<h2>THE ENTERTAINMENT SUITE</h2>

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/rocky_record_1_22c167b4-addf-4012-8bd7-0fcc15a21235_1024x.jpg" rel="gallery-all" title="Pop &amp; Scott Rocky Record Sideboard"><img alt="" class="image-article-full-width-580px" height="387" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/rocky_record_1_22c167b4-addf-4012-8bd7-0fcc15a21235_1024x.jpg?itok=btYXm9YO" title="Pop &amp; Scott Rocky Record Sideboard" width="580"></a>

<figcaption>Pop &amp; Scott Rocky Record Sideboard</figcaption></figure>Made in Melbourne/Byron Bay

An entertainment suite that sits low to the ground, with closing drawers is a great way to keep electronics and cords tidy, whilst also housing an entire hub of entertainment in your living room.

Featured: <a href="https://www.popandscott.com/collections/furniture">Pop &amp; Scott Rocky Record Sideboard</a> made from sustainably sourced wood and includes purpose-built shelves for vinyl (which are also adjustable) and the option of custom sizing to fit your space.

<h2>THE MODULAR SOFA</h2>

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/zuster_contour_sofa_l_shaped_con611_2_1530x860.jpg" rel="gallery-all" title="Zuster Contour Modular Sofa"><img alt="" class="image-article-full-width-580px" height="326" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/zuster_contour_sofa_l_shaped_con611_2_1530x860.jpg?itok=bQ-bhwuM" title="Zuster Contour Modular Sofa" width="580"></a>

<figcaption>Zuster Contour Modular Sofa</figcaption></figure>Made in Melbourne

Modular sofas are great for three reasons: they’re easy to transport in two pieces, you can arrange them to comfortably fit your lounge and you can put your feet up while watching a movie. Save the stress of trying to manoeuvre any other kind of sofa into your apartment by opting for modular.

Featured: <a href="https://zuster.com.au/products/contour-sofa-with-chaise">Zuster Contour Modular Sofa</a> is comprised of an Australian hardwood timber frame, feather/down cushions and Japara twill fabric. Cushion covers are also removable for dry cleaning.

<h2>THE DINING SUITE</h2>

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2019-08-14_at_11.50.49_am.png" rel="gallery-all" title="Nathan Day Design Custom Oak Dining Table and Chairs Mosman Park"><img alt="" class="image-article-full-width-580px" height="456" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/screen_shot_2019-08-14_at_11.50.49_am.png?itok=wioYLv6r" title="Nathan Day Design Custom Oak Dining Table and Chairs Mosman Park" width="580"></a>

<figcaption>Nathan Day Design Custom Oak Dining Table and Chairs Mosman Park</figcaption></figure>Made in Western Australia

Unless you dine out every night of the week, having somewhere to eat dinner or share a meal with friends could be one of the most important items of furniture you could invest in. Even a small dining table can be a great place to commune and share food, and it can also act as somewhere to sit and work.

Featured: <a href="http://www.nathandaydesign.com.au/custom-oak-dining-table-and-chairs-lr/">Nathan Day Design Custom Oak Dining Table and Chairs Mosman Park</a>. This dining set is perfect for a small apartment as it’s a great size an elegant, modern design.

<h2>THE DESK</h2>

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/_mgl6287.jpg" rel="gallery-all" title="JD. Lee Furniture’s The Stoke Desk"><img alt="" class="image-article-full-width-580px" height="387" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/_mgl6287.jpg?itok=3BnSv993" title="JD. Lee Furniture’s The Stoke Desk" width="580"></a>

<figcaption>JD. Lee Furniture’s The Stoke Desk</figcaption></figure>Made in NSW

If you are intending on working from home, then a specific zone with a desk is a great way to separate your living areas, from work. You may like to consider installing floating shelves above your desk to house stationery and books to save on space.

Featured: <a href="http://www.jdleefurniture.com/furniture/the-stoke-desk">JD. Lee Furniture’s The Stoke Desk</a> made from FSC Certified furniture-grade American Oak with Chain of Custody Accreditation. The desk can be shipped flat packed for easy delivery to apartments.

[smartcode_project:default project_id=90087]

<h2>THE OUTDOOR TABLE</h2>

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/flint-4-1612x1145.jpg" rel="gallery-all" title="Ross Gardam’s Flint Table"><img alt="" class="image-article-full-width-580px" height="412" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/flint-4-1612x1145.jpg?itok=bVxGqwSy" title="Ross Gardam’s Flint Table" width="580"></a>

<figcaption>Ross Gardam’s Flint Table</figcaption></figure><figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/product_info_furniture_flint_6-1612x1145.jpg" rel="gallery-all" title="Two sided Flint Table"><img alt="" class="image-article-full-width-580px" height="412" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/product_info_furniture_flint_6-1612x1145.jpg?itok=bTvMRob-" title="Two sided Flint Table" width="580"></a>

<figcaption>Two-sided Flint Table</figcaption></figure>Made in Melbourne

Many apartments today are being designed with an outdoor space to enjoy nature – whether it be a balcony or garden. An outdoor table can act as an alfresco dining option, and by installing an awning or canopy, the area can function as a place to dine year-round.

Featured: <a href="https://rossgardam.com.au/collection/flint/">Ross Gardam’s Flint Table</a> is available in an indoor and outdoor range. The tabletop is available in sustainably sourced Spotted Gum and stained Accoya.
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Olivia Round

Australian-made furniture perfect for apartments 

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The Ken Woolley-designed Paddington house that won the Australian Institute of Architects highest honour for residential design in 1983, has been sold pre-auction.
Phillips Pantzer Donnelley agents Catherine Dixon and Kane Dunkley initially had a $3.6 million guide, before it was raised to $3.85 million.
The three-storey modernist home has been updated since Woolley sold at $390,000 in 1987.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/8/14/paddo%202.jpg" alt="">
The 1980 Cooper Street home was one of three homes Woolley designed and built for his own use.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/8/14/paddo%203.jpg" alt=""> 
The rumoured buyer is Tim Casey, founder and executive chairman of the St Hilliers construction group.
This article was first published in the Saturday Daily Telegraph. 
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Ken Woolley's award-winning Paddington home sells to Tim Casey

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The recently appointed boss of Google in Australia, Melanie Silva, and her husband Marcelo, have bought in Sydney’s east.
The couple have emerged as $5 million-plus buyers in Dover Heights.
The Blacktown-born Silva, who grew up in what she has described as “really humble beginnings” in Kings Langley, has secured a home that spans four levels with an internal lift.
There’s a double-sided fireplace that separates the living and family areas on the ground level.
The top level comprises the master suite, complete with a walk-in wardrobe and ensuite.
The home comes with views across Sydney Harbour.
It sold through Ray White’s top-selling agent Gavin Rubinstein.
The four-bedroom home had fetched $4.6 million three years ago.
Silva, who attended high school in Parramatta and then studied for an economics degree at Macquarie University, took the top job at Google last October.
She secured the up-market property on her return to Sydney from Singapore where she was posted in 2016 for two years.
This article was first published in the Saturday Daily Telegraph.
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