<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?

Queensland apartment developer Mosaic Property Group is intensifying its commitment to the Gold Coast’s apartment market, with three new projects valued at over $570 million.

<a href="/developers/mosaic-property-group">Mosaic</a> is poised to shortly launch <a href="/new-apartments/sophia-by-mosaic-1357-gold-coast-highway-palm-beach">Sophia by Mosaic</a> in <a href="/developments/palm-beach-qld-4221">Palm Beach</a>—a $135 million direct beachfront&nbsp;development with 32 apartments across nine levels. The project marks Mosaic’s entry into Palm Beach following success in the fast-growing southern coastal markets of Bilinga and Kirra Beach.

In <a href="/developments/burleigh-heads-qld-4220">Burleigh Heads</a>, Mosaic continues its successful trajectory, with a fifth site acquisition underway following the recent completions of Augusta by Mosaic and Florence by Mosaic. Plans are in place for a <a href="/news/qld/first-look-exclusive-mosaic-secure-another-gold-coast-apartment-development-site">$185 million ultra-luxury development on The Esplanade</a>.

Further expanding in Broadbeach, Mosaic has secured its third site and submitted a development application for a $250 million, 37-level tower on Mary Avenue, offering 59 expansive half and full-floor residences.

Read more:&nbsp;<a href="/news/qld/first-look-exclusive-mosaic-file-plans-for-fifth-broadbeach-apartment-development">First look exclusive: Mosaic file plans for fifth Broadbeach apartment development</a>

<img alt="Mosaic Broadbeach" data-entity-type="file" data-entity-uuid="0ef8a2ac-1116-4bcb-9331-065d73278f67" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-01-21%20at%2011.02.57%E2%80%AFAM.png?VersionId=v1s6B.GR6.rlRv4np8147NswQTmBHQgQ" />

Founder and Managing Director Brook Monahan said the new acquisitions underscored Mosaic's confidence in the resilience of lifestyle-driven markets and the enduring demand for its design-led, functional, and beautifully finished residences.

"The strength of these markets has been exceptional since the pandemic,"&nbsp;Monahan said.

"We continue to experience robust demand from both interstate and local downsizers who are seeking luxury apartments that offer thoughtful design, functionality, and exceptional quality.

“With limited supply and rising construction costs, Mosaic is well-positioned to lead in this market which is becoming more discerning following many stalled projects as a result of many developers not being able to deliver much awaited supply. Our long-established in-house construction arm enables us to manage costs effectively and seize key opportunities.”

&nbsp;

[smartcode_project:default project_id=145364 project_image_fid=322822]

Monahan said Sophia was shaping as an exceptional project for Palm Beach.

“Positioned on the dunes at the sought-after northern end of Palm Beach, Sophia occupies a premier beachfront site that we believe will be highly desirable. We already have a waitlist of Mosaic buyers from our existing database of previous and current owners, indicating another likely rapid sellout in this very unique location.”

Designed in collaboration with Bureau Proberts, Sophia&nbsp;will offer residents an array of five-star amenities, including a pool, spa, gym, and sauna.

“Sophia will provide a beautifully balanced lifestyle, merging iconic design with world-class amenities to cater to every resident's needs,” Monahan added.

[smartcode_project:default project_id=145364 project_image_fid=322819]

Mosaic boasts an extensive $1.4 billion portfolio on the Gold Coast with nine completed projects and an additional four currently under construction.

“We are very fortunate that our entire project portfolio is consistently near sell-out, reflecting robust and ongoing demand driven by the market’s attraction to our design-led developments.

"Buyers are drawn not only to Mosaic’s exceptional quality, prime locations, and thoughtful, resident- focused designs but also to the assurance that we deliver as promised. Our unbroken track record instils confidence, with buyers reassured that Mosaic consistently upholds its commitments.

“The trust we’ve built in our brand over many years which we will never take for granted, continues to fuel this strong demand, as clients recognise the lasting value inherent in every project. Our reputation for excellence, reliability, and&nbsp; integrity positions Mosaic as a preferred developer, making our homes some of the most highly sought-after on the market.”

Since 2012, Mosaic has completed more than 65 developments across South East Queensland, establishing itself as one of the region’s most reliable and recognised developers.

Mosaic Founder and Managing Director Brook Monahan said the new acquisitions underscored Mosaic's confidence in the resilience of lifestyle-driven markets

Mosaic set sights on Palm Beach, Burleigh Heads, Broadbeach, for new $570m apartment pipeline

Builder-developer giant McNab is pushing on in both sales and construction at its new Gold Coast apartment development, Elements Budds Beach.

Over 60 per cent of the Azure Collection, the more premium two-bed plus MPR and three-bedroom apartments within the Oak Avenue building, have been snapped up by a mix of investors and owner occupiers.&nbsp;

The sales success comes off the back of McNab starting construction on site, demolishing the old three-level walk-up and old timber home on the amalgamated 1,013 sqm Oak Avenue and starting to excavate the four basement parking levels.

The building, of just 87 two, three and four-bedroom apartments that start from just over $1 million, has been crafted by<a href="/architects/cottee-parker-architects"> Cottee Parker</a> who says the design "pays homage to the sea and sky and responds to its unique midwater location with distinct simplicity and openness, bringing the waterways to its inhabitants."

[smartcode_project:default project_id=111522 project_image_fid=322242]

Set behind a curved, glazed façade, Elements apartments will feature open plan kitchen, living and dining areas that will extend to balconies with views across the Gold Coast skyline, hinterland, and beach.

As the building ascends, the apartments get more premium, and give way from the two-bed and two-bed plus multi-purpose rooms to half-floor three-bedroom apartments, as well as the soon-to-be-released Horizon Collection.

As demand for spacious, high-end apartments continues, McNab is preparing to launch the Horizon Collection, just a handful of four-bedroom apartments each with a multi-purpose room, panoramic views, a master retreat with a walk-in wardrobe and ensuite, and a built-in bar area with a custom stone finish.

[smartcode_project:default project_id=111522 project_image_fid=322249]

The original plans back in 2021 had the communal facilities located within the building, but, in a trend seen across the majority of Gold Coast projects in the last few years, McNab more recently had Cottee Parker relocate them to the roof.

Now a full rooftop retreat, it will feature an infinity-edge pool with beach club-style loungers that actually sit in the water, several day beds surrounding the pool, and a sauna, hot plunge pool, and a yoga deck.

There will also be a poolside barbecue and teppanyaki area, as well as a private formal dining room and a gym.&nbsp;

[smartcode_project:default project_id=111522 project_image_fid=322250]

Elements will sit in a quiet pocket of Surfers, only a six-minute walk to Budds Beach and eight minutes to Surfers Paradise Beach.

It could be argued that viewlines, especially from the upper levels, are unlikely to ever be obstructed. This is due to the scale of the Paradise Resort Gold Coast hotel across the street, which is unlikely to be redeveloped anytime soon.

McNab is forecasting a completion date of around Q3 2027.

[smartcode_project:default project_id=111522 project_image_fid=322251]

<a href="/developers/mcnab-developments">McNab</a> as a builder has a diverse workbook across the whole of South East Queensland, from warehouse and office buildings to social housing projects.

As a developer, McNab recently completed White in Main Beach, selling all of the apartments prior to completion. The project won the 2024 Master Builders QLD Housing &amp; Construction Award, as well as Queensland’s Best Project in the $50m+ multi-residential category.

McNab also has several development sites in Brisbane, in West End and Highgate Hill, as well as&nbsp;<a href="/news/qld/first-look-exclusive-mcnab-shoots-for-full-floor-apartments-in-broadbeach">plans for a future Broadbeach project</a>.

[smartcode_project_cta:default project_id=111522]

Sales success drives momentum at McNab’s Elements Budds Beach

Nearly four years after signalling it will be going into the mixed-use precinct sector and starting with a site in Waterloo, Fabcot, the development arm of supermarket chain Woolworths, has submitted a development application for the site.

They secured concept plan approval for the project in May last year, but the recently laid $165 million plan for the&nbsp;6,534&nbsp;sqm site at 923 Bourke Street is the one that will go up for full approval.&nbsp;

They've proposed a part eight, part six-level building designed by <a href="/architects/bates-smart">Bates Smart</a>&nbsp;who won the design competition for the project over the likes of Koichi Takada Architects and SJB.

The design pays homage to the cultural and natural heritage of <a href="/developments/waterloo-nsw-2017">Waterloo</a>, according to the documents submitted to the City of Sydney Council.

<img alt="923 - 935 Bourke Street, Waterloo woolworths" data-entity-type="file" data-entity-uuid="45b8ef6d-d22f-4ffd-88a0-de49b6f22243" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/923%20-%20935%20Bourke%20Street%2C%20Waterloo%20woolworths.png?VersionId=FZOSdZypbjQLZlTQWViAIxwNVbc80cxn" />

The precinct will be home to two residential buildings, along with a five-story commercial building. 110 one, two and three-bedroom apartments will spread across the two residential buildings, with 68 per cent designed as offering dual aspects,&nbsp;optimising natural light and ventilation

Drawing inspiration from Aboriginal Country and the area's rich history, the architectural expression features sandy-tone bricks and green hues reminiscent of the coastal landscapes and native flora that once flourished here.&nbsp;

Facade geometries, with splayed and peeled elements, echo the forms of Banksia Serrata and Melaleuca plants, further rooting the project in its local context.

<img alt="923 - 935 Bourke Street, Waterloo apartments" data-entity-type="file" data-entity-uuid="f7f48fdb-40c2-4f2a-af92-0d86023e2287" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/923%20-%20935%20Bourke%20Street%2C%20Waterloo%20apartments.png?VersionId=LICj27a2inUPQ.UNUTxPYc7F5b5ahrgB" />

Residents will also benefit from communal amenities including a landscaped podium courtyard and rooftop terraces.&nbsp;

The apartments will rise from an activated ground plane where Fabcot intends to create a plaza-style precinct with&nbsp;specialty shops, cafes, restaurants, and a full-line Woolworths supermarket equipped with modern conveniences like direct-to-boot and e-commerce services.&nbsp;

The commercial building, strategically positioned at McEvoy and Bourke Streets, will cater to local workplace needs with compact, flexible office spaces.&nbsp;Its faceted design complements the surrounding streetscape while framing inviting views of the precinct’s public spaces.

<img alt="923 - 935 Bourke Street, Waterloo retail" data-entity-type="file" data-entity-uuid="db609e0e-4e08-4c5e-8541-ba5421e89346" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/923%20-%20935%20Bourke%20Street%2C%20Waterloo%20retail.png?VersionId=TqAK.Dj9UTNfl1.NHEG2pR8zks91ZmJE" />

Sustainable features include&nbsp;solar panels, EV charging stations, rainwater reuse systems, and low-carbon materials.&nbsp;

Six terraces homes to be managed by City West Housing with sit along Young Street.

Waterloo has been abuzz with activity recently.

Mirvac and John Holland <a href="/news/nsw/first-look-mirvac-john-holland-submit-960m-waterloo-metro-quarter-plans">revealed their near-$1 billion plans for the next stages of Waterloo Metro Quarter</a>, while across the road from the Woolworths plans, builder-developer DASCO recently got to work on&nbsp;<a href="/new-apartments/danks-st-district-903-921-bourke-street-waterloo-nsw-2017">Danks St District</a>, another precinct-style development with around 376 apartments across four buildings.

The design pays homeage to the cultural and natural heritage of Waterloo, according to the documents submitted to the City of Sydney Council

Woolworths unveils long-awaited Waterloo precinct with shop-top housing

Spacious Property Development Group is soon to welcome buyers to its newest apartment building, Voyage, in the Hobsons Bay area of Melbourne.

<a href="/new-apartments/voyage-altona-102-106-pier-street-altona">Voyage</a>, the only new development on the market in the <a href="/developments/altona-vic-3018">waterside suburb</a>, has been a hit with a variety of buyers, given the diverse mix of one, two and three-bedroom apartments.

Another big tick for buyers been the location, ideally located on Pier Street in the heart of the Altona major activity centre, a stone's throw from Altona Station, Altona Beach and its redeveloped pier, Altona Botanical Gardens, and an abundance of cafes and retail amenity.

<img alt="Voyage" data-entity-type="file" data-entity-uuid="1ef686f2-fc8b-48ce-a8cb-c8454e43230d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-01-20%20at%2011.16.32%E2%80%AFAM.png?VersionId=gjCQv695nsi3VmgWzrIJHBI2WmAuFcYo" />

The apartments, which start from just over $500,000, provide an affordable entry point for first home buyers, while its three-bedroom apartments are just over $1 million.

Cheah Saw Architecture&nbsp;aimed to&nbsp;balance contemporary aesthetics with a nod to its bayside location in its design.

Its asymmetrical facade and refined material palette blend with <a href="/developments/altona-vic-3018">Altona</a>’s natural surroundings while standing out as a modern architectural addition to the area.&nbsp;

Interiors are minimalist, with a neutral colour palette.&nbsp;

[smartcode_project:default project_id=112195 project_image_fid=241501]

The open-plan living area features hybrid flooring and full-height glazing that highlight sweeping views of the bay and local landscape.

The kitchen is equipped with Miele appliances while the bathrooms feature porcelian tiles that frame the modern glass showers.

[smartcode_project:default project_id=112195 project_image_fid=241502]

Located around 13 kilometres southwest of Melbourne’s CBD and adjacent to Williamstown, Voyage offers a combination of connectivity and convenience.&nbsp;

Residents will have easy access to public transport, urban amenities, the Altona shopping centre, and Altona Beach.&nbsp;

The suburb’s lively retail and dining scenes complement its tranquil bayside atmosphere, making it a well-rounded option for owner-occupiers seeking lifestyle and accessibility.

[smartcode_project:default project_id=112195 project_image_fid=250084]

Buyers can secure their future homes with a five per cent deposit, making the development an appealing option for those looking to transition into apartment living.&nbsp;

<a href="/builders/valeo-construction">Valeo Construction</a>&nbsp;is well advanced in construction. They're expecting to complete the apartments in mid-2025.

[smartcode_project_cta:default project_id=112195]

Voyage apartments in Altona near completion

A few months after the Waterloo Metro station opened, joint venture partners Mirvac and John Holland have submitted plans for two more stages in the Waterloo Metro Quarter.

The $960 million, State Significant Development, which goes through government planning rather than the local council, will&nbsp;replace the previously approved commercial office development with a vibrant mixed-use precinct comprising residential towers, retail spaces, and community facilities.

The original Concept SSDA, approved in 2019, envisioned a mixed-use development but was later amended in 2021 to primarily focus on office space.

However, the developers cite significant shifts in market demand following the COVID-19 pandemic, including a decline in demand for city fringe office space and an escalating need for residential housing in the Waterloo-Zetland area.

<img alt="Waterloo Metro Quarter site" data-entity-type="file" data-entity-uuid="78cfb507-1f0a-4b4c-82ec-2e46230257b3" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Waterloo%20site.png?VersionId=c9pMXppIhtDOh15tvcUx4MtSxg5i52cd" />

There are two sets of plans, for the Northern Precinct and the Central Over Station Development. The Northern Precinct will include two residential towers comprising a total of 336 apartments, 40 of which will be affordable housing. They will sit above a four-level&nbsp;podium with three levels of commercial office space and retail tenancies.

The precinct aligns with the original concept of high-density residential use, a shift from the previously approved 17-level commercial office building.&nbsp;

The maximum height of the proposed towers, 28 and 24 levels, remains compliant with local planning regulations.

<img alt="Waterloo Metro Quarter - Northern Precinct" data-entity-type="file" data-entity-uuid="8b3e4156-46b3-4c89-bf45-72cea009222f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Northern.png?VersionId=.cQvKeki4g2WFH5TJEOdH88Rp.eafrks" /> 
The build-to-sell apartments. Image credit: Woods Bagot

The Central Precinct, designed by Bates Smart, will focus on co-living accommodations, built above a podium with additional non-residential uses.

A childcare centre and other community facilities are planned for this part of the development, further diversifying the precinct's offerings.&nbsp;

Both precincts will maintain pedestrian connectivity through features like Raglan Walk, a through-site laneway.

<img alt="TOD" data-entity-type="file" data-entity-uuid="cbbe07e3-8990-45bb-882d-89b2e89ce5e2" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-01-20%20at%209.51.41%E2%80%AFAM.png?VersionId=xfa9jtgDfP1NDV1QsN5j9HREDsGbL5gy" /> 
The co-living apartments. Image credit: Bates Smart

Upon completion, WMQ will deliver 655 apartments, including student accommodation, social housing, and market apartments, 32,300 sqm of office space, and 4,500 sqm of retail space.

It is being positioned as a transformative addition to the area, comparable to successful developments like <a href="/new-apartments/elevate-hume-place-crows-nest-25-hume-street-crows-nest-nsw-2065">Hume Place</a> above <a href="/developments/crows-nest-nsw-2065">Crows Nest</a> station.

Construction of the WMQ basement and the Southern Precinct began in early 2023, with the Waterloo Metro station opening in August 2024.&nbsp;

It is being positioned as a transformative addition to the area, comparable to successful developments like Hume Place above Crows Nest station

First Look: Mirvac, John Holland, submit $960m Waterloo Metro Quarter plans

Ron Jackson has called Mosman Park home for the last 25 years, so when the rare opportunity arose to downsize into a brand new apartment on the boundary of Mosman Park in North Fremantle, he jumped at the chance.

He has lived just 500 metres from <a href="/new-apartments/serai-north-fremantle-21-mccabe-street-north-fremantle">Serai</a>, the new apartment development by <a href="/developments/perth-wa">Perth</a> developer <a href="/developers/megara">Megara</a>, since the late 1990s.

"I've walked past the site, and the industrial buildings that previously occupied it, hundreds of times over the last two decades," Ron says.

[smartcode_project:default project_id=110291 project_image_fid=186209]

Ron and his wife saw an ad in the local paper, so when the project was launched, they attended the opening day reveal.

"We were certainly among the early buyers in the development," Ron recalls, adding that they were impressed with everything Megara had put together.

“The architecture and proposed fit-out looked fantastic, even on paper,” Ron said.

"The area boasts beautiful river walks, world-class beaches on its doorstep, and views of the harbour where cruise ships dock."&nbsp;

The apartments facing south offer panoramic views of the river, with the apartments facing north enjoying views of the magnificent northern beach coastline to Cottesloe.&nbsp;

Ron and his wife secured a three-bedroom apartment on one of the higher levels of the eight-level structure.

"We'll be in a position where our balcony wraps around so we have views directly over the Swan River, Port Beach and Fremantle Harbour. The chances are, given the rarity of new apartments in <a href="/developments/north-fremantle-wa-6159">North Fremantle</a> and being located high on a hill, the views will likely never be built out."

[smartcode_project:default project_id=110291 project_image_fid=186196]

Serai has been a hit with locals given North Fremantle hasn't seen a new development for several years, and nothing of this quality.

The two architecturally-striking towers, currently under construction and slated for completion in Q1 2026, will comprise 86 one, two, three and four-bedroom apartments and 11 luxury townhouses at the rear of the development. Serai also incorporates a host of impressive facilities which Ron says ticked all of the boxes.

“You name it, Serai has it,” Ron says of the development that will boast a heated swimming pool which will offer the most impressive views over the Swan, a gym with a yoga room and sauna, a fire-pit lounge, outdoor barbeque area, an outdoor cinema, a makers room, a whisky room and EV charging stations.

[smartcode_project:default project_id=110291 project_image_fid=186200]

The couple has a miniature schnauzer, so while a dog wash facility may seem minor compared to larger amenities like a pool or gym, it’s actually an important feature for some prospective buyers.

“It’s important to us that the building is pet-friendly, and the integrated dog wash facility tells us pets are welcomed in the building, and we likely won’t be the only ones with a dog.”

[smartcode_project:default project_id=110291 project_image_fid=186201]

The latest technology within the building was another tick, offering Ron and his wife an added layer of security. Easy access to Fremantle and Perth via two train stations and the availability of a number of private schools in the area is also another big draw card for prospective buyers.

“Everything is top of the range with CCTV and number plate recognition when parking. We are going to feel very secure in the building.”

[smartcode_project:default project_id=110291 project_image_fid=186207]

One of the most important parts of buying off the plan is to do full due diligence on the developer and its track record. Ron went to visit a building Megara completed a few years ago in Ardross.

"I actually lurked outside the building for an hour or so and caught a few residents coming and going from their apartment, so I got the chance to speak to them about their experience buying with Megara, but more importantly the quality of the building.&nbsp;

"Of the three or four owners I spoke to, everyone spoke highly of the apartment they bought, the quality of the construction, and the craftmanship of the interiors."

Ron believes the future resale value of the project should be solid because of the location, quality of the design, and the uniqueness of the project, a sentiment echoed by Megara Director Jamie Clarke.

"When completed, there will be almost nothing comparable to Serai, or anything under construction or even in planning currently. There won't be a lot of new stock that is competing within the immediate vicinity, and that's not lost on our buyers who know this is a rare opportunity," Jamie says.

Ron and his wife are one of many downsizers who are fuelling a large majority of the off the plan apartment market. Perth was the strongest capital city housing market in 2024, with house values increasing nearly 19 per cent.

Ron&nbsp;took part in Urban's Buyer Q&amp;A series which focuses on the driving factors behind buying off the plan property in Australia.

[smartcode_project_cta:default project_id=110291]

Ron believes the future resale value of the project should be solid because of the location, quality of the design, and the uniqueness of the project, a sentiment echoed by Megara Director Jamie Clarke.

Why Serai apartments in North Fremantle have resonated with the local market: Urban Buyer Q&A

Newcastle locals GWH is bringing its latest installment of new apartments to its native city, and their newest development, ERA, has been several years in the making.

<a href="/new-apartments/era-newcastle-124-126-bull-street-newcastle-west-nsw-2302">ERA</a>&nbsp;will comprises 281 one, two, and three-bedroom apartments across two striking towers a stone's throw from the best <a href="/developments/newcastle-west-nsw-2302">Newcastle</a> has to offer.

The acclaimed architecture studio, FK Australia, behind some of Melbourne’s most iconic buildings including the record-breaking Australia 108, led the design of the new project.

[smartcode_project:default project_id=135096 project_image_fid=309966]

“We brought in FK Australia to create something that Newcastle hasn’t seen before,” GWH Residential Sales Manager, Peter Kunov, said, adding that the development aims to place the city on the architectural map alongside Australia’s best-designed buildings.

We recently visited ERA's display suite to take a closer look as to what's on offer.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/f9PArf9R6YA?si=6ufGrOcS-HonP7ug" title="YouTube video player" width="560"></iframe>

FK has designed the building so the living spaces are wrapped in floor-to-ceiling glass windows, windows that almost replace walls. They wanted to maximise views and also let in as much natural light as possible.&nbsp;

[smartcode_project:default project_id=135096 project_image_fid=309968]

Much like GWH’s past developments, there was a conscious effort to offer significant resident amenity.&nbsp;

Connected by a three-level podium, the two towers share 2,000 sqm of communal space.

[smartcode_project:default project_id=135096 project_image_fid=309976]

Each tower will also feature a rooftop skygarden, offering all-weather function spaces and panoramic views of Newcastle’s harbor, beaches, and city centre.

<a href="/developers/gwh">GWH</a> is no stranger to delivering standout developments in Newcastle, with Sky Residences nearby serving as a testament to the convenience and lifestyle appeal of their projects.&nbsp;

[smartcode_project:default project_id=135096 project_image_fid=309977]

ERA’s location offers easy access to light rail, Honeysuckle’s waterfront dining and entertainment options, and Newcastle’s renowned beaches.

Construction on the Bull Street site is already underway, with completion anticipated by late 2027.

[smartcode_project_cta:default project_id=135096]

Construction on the Bull Street site is already underway, with completion anticipated by late 2027

GWH to usher in new ERA for Newcastle with latest apartment tower: Urban Display Suite Tour

Developer&nbsp;<a href="/developers/billbergia">Billbergia Group</a> and non-bank lender Metrics Credit Partners have teamed up to propose a new luxury mixed-use project in the increasingly evolving Sydney CBD.

The joint venture,&nbsp;Central Sydney Property Pty Ltd, has acquired a&nbsp;6,000 sqm site bordering Castlereagh, Pitt, and Liverpool streets from offshore developer Han's Holding Group and has revealed plans for two 80-level towers with around 600&nbsp;luxury apartments, a high-end hotel, retail spaces, and an enhanced public domain.&nbsp;

The towers will be amongst the tallest in the Sydney skyline once complete.

It represents Billbergia’s first foray in the Sydney CBD and comes on the back of 88 Walker, its award-winning mixed-use project in North Sydney, delivered in partnership with Metrics, who has $22 billion in&nbsp;assets under management, specialising in fixed income, private credit, equity and capital markets.

<img alt="JV Partners Pitt Street" data-entity-type="file" data-entity-uuid="87ba23d9-9306-41ed-a011-931771042eca" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/338%20Pitt%20Street%20-%20Aerial%20-%20Rev%20D%20-%20HR.jpg?VersionId=IKbcFRuNtLcmwERaag8aGIqgyBxG8Iv." />

“Our vision will transform this underutilised city block into a cutting-edge urban community with luxury residences supported by premium amenity, quality public domain and active placemaking,"&nbsp;said Saul Moran, Development Director at Billbergia.

"This mixed-use development is Billbergia’s first in the CBD and heralds the renewal of the Midtown district.

Following an international design competition in 2018, the project will be designed by&nbsp;<a href="/architects/fjc-studio">fjcstudio</a>, in collaboration with Trias Studio, Aileen Sage and Polly Harbison Design.

According to fjcstudio, the towers will feature distinctive yet elegant architectural design reflecting Sydney’s geometry and urban character, with a network of through-site links and intimate public spaces activating the streetscape.

“Our design proposal has a distinctive and forward-looking form but is also restrained, elegant and reinforces the geometry, urban structure and maturity of Sydney,"&nbsp;said Richard Francis-Jones, Design Director at fjcstudio.

"Fundamental to the urban character of the design is the fine-grain orthogonal structure of the public domain and streetscape. The small footprint tower forms nestle into a network of throughsite links and intimate public spaces addressed and activated by a variety of low-scale buildings - a city in microcosm."

Apartments will be delivered in a range of one, two and three-bedroom configurations, alongside exclusive penthouses with unobstructed views, spanning from Hyde Park to the Harbour and over Sydney Heads to the East.&nbsp;

With the site’s acquisition now complete, subject to relevant approvals, demolition is expected to commence next year.&nbsp;

With the site’s acquisition now complete, subject to relevant approvals, demolition is expected to commence next year

Billbergia & Metrics propose two 80-level towers in Sydney's CBD

Multi-billion-dollar developer <a href="/developers/gurner">GURNER™</a>&nbsp;has been given the green light to develop its $800 million project on Kent Street in the Sydney CBD.

The site represents the final Freehold Land Title Site in the broader Barangaroo precinct, which is overwhelmingly occupied by Leasehold sites.&nbsp;

The planning modification from the previous approval was primarily designed to maximise the offering of each residence, providing more three-bedroom options and a reduction in total residences from 125 to 91.&nbsp;

The team has maintained a maximum of one to two residences per level throughout the project, to maximise resident privacy and create larger floorplates that will deliver on the level of service, amenity and design that has made GURNER™ one of the most successful developers in Australia.&nbsp;

The plans include two dual-level penthouses, which will deliver a new level of luxury to the inner Sydney market, alongside a sky pool and terrace, private dining, business lounge, valet and concierge, and expansive wellness area.&nbsp;

The Kent Street project will also bring together an ultra-luxe wellness area, which has fast become a signature of the GURNER™ offering.&nbsp;

<img alt="189 Kent St Gurner" data-entity-type="file" data-entity-uuid="8ba0d578-5f43-4e28-8647-6eefa27109dc" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/189%20Kent%20St%20%20-%20Hickson%20Road_Web%20res.jpg?VersionId=r4_afixNikBzJt4R2PmFx7nLkSyv1Hj." />

GURNER™ collaborator <a href="/architects/fjc-studio">FJC Studio</a> will be leading the architecture of 189 Kent Street, bringing together the developer’s signature aesthetic with the creative flair of the award-winning design practice.&nbsp;

With plans now approved, GURNER™ will look towards the public launch and commencement of works on-site, both of which are expected in 2025.&nbsp;

“This is our first project in Sydney and we are going to ensure it is something truly world-class, and that we are offering a level of 6-star luxury, amenity and service that has not been offered before in Sydney,"&nbsp;Tim Gurner said.

“With a maximum of two apartments per floor and numerous full-floor residences, the project has been created for Sydney’s astute homeowners that want to live their ultimate life in the heart of the city with our world-class services, amenity, and homes.&nbsp;

“We will be bringing our global leading wellness, service and luxury offering to one of Australia’s most important locations in Barangaroo."

Gurner says they have been "overwhelmed with the enquiry."

Gurner says they have been "overwhelmed with the enquiry."

Gurner gets go-ahead for luxury apartments on Sydney's Kent Street

It's a crucial first step in any multi-stage development that the initial phase provides significant amenities for the first residents, especially when the full masterplan might take a decade or more to complete.

<a href="/developers/golden-sedayu">Golden Sedayu</a> is hitting all the right notes with its $3.8 billion <a href="/new-townhouses/burswood-point-saintly-entrance-burswood">Burswood Point</a> masterplan—a major redevelopment of the land surrounding Belmont Racecourse on the Swan River.

In the first stage, the developer is focusing on two towers: Somerset East and Somerset West. Last year, they launched 203 one, two, and three-bedroom apartments, and the response has been overwhelming. These apartments will be the first of approximately 4,500 dwellings to be delivered across the 38-hectare precinct.

Within the two towers, Golden Sedayu has strategically included a range of amenities to ensure that the first residents of the masterplan are well catered for.

[smartcode_project:default project_id=142314 project_image_fid=263319]

Upon arrival, residents and guests are welcomed by Somerset's sculptural two-tower form.&nbsp;

The architectural design by <a href="/architects/dko-architecture">DKO Architecture</a> features rising tiers of balconies with greenery, creating a visually striking entrance.

[smartcode_project:default project_id=142314 project_image_fid=263321]

Located on the third floor, Somerset’s amenities offer panoramic views of the surrounding landscape.&nbsp;

The highlight of the development's amenities is the 20-metre infinity pool that appears to cascade towards the Swan River, surrounded by sun decks, submerged loungers, a children's shallow pool, and jacuzzis.

[smartcode_project:default project_id=142314 project_image_fid=263320]

An observation deck offers a private viewing experience of the nearby racetrack, with Optus Stadium and Matagarup Bridge as a backdrop.&nbsp;

The viewing deck will have BBQ facilities, making it suitable for gatherings and social events.&nbsp;

[smartcode_project:default project_id=142314 project_image_fid=263305]

Somerset's deck also includes areas dedicated to restorative yoga and meditation, complemented by a wellness centre that has a gymnasium surrounded by greenery.

For private dining, Golden Sedayu has designed a residents’ dining room.

[smartcode_project:default project_id=142314 project_image_fid=263323]

Part of stage one will also include a boulevard with various shops, cafes and supermarkets. Burswood Point will have 91,000 sqm of retail and commercial space all up on its completion. The masterplan will also have 110,000 sqm of parklands and a 2.5-kilometre foreshore.&nbsp;

Located just 3.5 kilometres from the CBD, Burswood Point is envisioned as a "city within a city," transforming <a href="/new-apartments/perth-wa">Perth</a> with a new lifestyle and entertainment hub. It is the largest mixed-use&nbsp;urban&nbsp;development Perth has ever seen.

Over $200 million of site works have been completed and construction of the two Somerset towers will commence in Q1 2025.

[smartcode_project_cta:default project_id=142314]

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