The NSW Government has unveiled plans that could deliver around 1,300 new homes across Nowra and Kiama, continuing its push to unlock housing in well-located regional centres along the South Coast.

The proposals, now on public exhibition, would pave the way for around 830 homes in Nowra and a further 450 homes in Kiama, while also introducing affordable housing requirements and increased building heights in key locations.

The larger of the two proposals is centred on Nowra, where the NSW Government is seeking to rezone land within the Mandalay and Riverfront precincts.

The Mandalay sub-precinct, located close to Shoalhaven Memorial Hospital, Nowra Library and the city's aquatic centre, could accommodate around 530 new homes. Around 30 per cent of housing delivered on Homes NSW-owned land would be dedicated to social and affordable housing, equating to roughly 100 homes. Building heights would increase from the current two-storey limit to between three and six storeys.

A separate rezoning proposal for the Nowra Riverfront Precinct would unlock a further 377 homes while creating stronger connections between the Shoalhaven River and the CBD. The plans include building heights ranging from five to 12 storeys, floor space ratios of up to 2:1 and a requirement for two per cent affordable housing.

Together, the two proposals would deliver more than 900 homes across the broader Nowra area, reinforcing the city's role as one of regional NSW's key growth centres.

The housing push builds on previous infrastructure commitments in the Shoalhaven, including government funding aimed at supporting thousands of future homes in West Nowra through upgrades to water and wastewater infrastructure.

Further north, the NSW Government is also progressing plans for the former Kiama Depot site, a two-hectare parcel near Kiama's town centre.

The rezoning proposal would transform the former industrial site into a residential community capable of delivering up to 450 homes. Buildings would range between six and eight storeys, with at least 10 per cent of homes allocated as affordable housing. The proposal also includes approximately 600 parking spaces and improved walking and cycling connections.

Planning Minister Paul Scully said the proposals are designed to increase housing supply in locations close to jobs, transport and services.

"For too long, families have struggled to find somewhere to live, and activating underutilised sites allows us to deliver the new homes these families need," Scully said.

"The Minns Labor Government is getting on with the job of unlocking well-located sites close to transport, jobs, and town centres and building the homes our communities need.

"These rezonings are about removing barriers to housing delivery and making sure land is put to better use so more people can find a place to call home within the communities they choose."

The latest rezonings form part of the Minns Government's broader strategy to accelerate housing delivery across NSW, particularly in established centres where existing infrastructure can support additional population growth.

Community consultation on the proposals is now underway, with feedback set to inform the final planning controls before the rezonings are determined.

Joel Robinson

Around 1,300 new homes earmarked for Nowra and Kiama as NSW Government pushes housing supply

<a href="https://www.apartments.com.au/developers/mrcb">MRCB International</a> has commenced construction on its latest Gold Coast apartment development, Maris, on the site of the former Sundale Motel in Southport.

The start of construction by <a href="https://www.apartments.com.au/builders/binah-constructions">Binah</a> follows an exceptionally strong sales campaign, with more than 90 per cent of apartments sold since launch. Every purchaser has been local, an&nbsp;indicator of confidence in both the development and Southport's evolution into a thriving CBD.

<a href="https://www.apartments.com.au/new-apartments/maris-southport-20-queen-street-southport-qld-4215">Maris</a> will deliver 192 residences across 20 levels. The project forms part of MRCB's Australian and New Zealand development pipeline now exceeding $1.6 billion in gross development value, alongside a growing portfolio of projects globally.

[smartcode_project:default project_id=134403 project_image_fid=350663]

The company also commenced construction on its $600 million 26 Vista residences in Surfers Paradise last year, following strong sales momentum, with over 70 per cent of residences sold.

Maris has been designed to meet evolving buyer demand, offering architecturally designed layouts suited to long-term liveability. The approach reflects a growing preference for quality and adaptability among Gold Coast buyers.

Positioned next to the Broadwater in the <a href="https://www.apartments.com.au/developments/southport-qld-4215">Southport</a> CBD, Maris sits directly opposite the Broadwater Parklands light rail station and within easy reach of retail, dining and lifestyle precincts, placing residents at the centre of one of the Gold Coast's most connected and rapidly maturing urban centres.

[smartcode_project:default project_id=134403 project_image_fid=372756]

Maris will offer a full suite of resort-style residential amenities, including a pool, gym and sauna, along with a rooftop level featuring decks, lounges and dining and yoga areas that command sweeping views across the Broadwater and out to the ocean.

Binah, a New South Wales headquartered company co-founded by Amen Zoabi and Khalil Hafza in 2008, has expressed its excitement at establishing its first partnership with MRCB.

Binah's Managing Director Khalil Hafza said partnering with MRCB on Maris is a significant moment for Binah.

"MRCB's financial strength and a track record that speaks for itself give this project a solid foundation, and this marks the beginning of what will be a long and successful relationship.

"With the right people, systems and partnerships behind it, Maris is set to become a significant addition to the Gold Coast's premium residential market."

[smartcode_project:default project_id=134403 project_image_fid=350664]

MRCB International CEO Ravi Krishnan said the project's progression to construction reflects both sustained demand and tightening conditions across the apartment sector, as well as MRCB's continued confidence in the Gold Coast market.

"Commencing construction at Maris is a significant step and reflects the depth of demand for quality apartments in well-connected urban locations," said Krishnan.

"Across Southeast Queensland, new apartment supply remains constrained, particularly in established precincts with infrastructure and amenity already in place. Projects like Maris are increasingly critical in meeting that demand, especially on the Gold Coast and in the city's CBD precinct."

[smartcode_project:default project_id=134403 project_image_fid=372761]

Krishnan said Southport's ongoing transformation, supported by infrastructure investment and long-term planning, was underpinning renewed buyer confidence.

"We're seeing a clear shift back towards well-located urban centres where infrastructure, connectivity and amenity are already established," said Mr Krishnan. "Southport is evolving into a more mature CBD environment, and that is being reflected in buyer behaviour."

Construction at Maris is anticipated to be completed in 2029.

[smartcode_project_cta:default project_id=134403]

Construction commences on MRCB’s $200m Maris Residences in Southport

Moonee Valley Park’s latest residential release <a href="https://www.apartments.com.au/new-apartments/the-eveline-at-moonee-valley-park-moonee-ponds-100-thomas-street-moonee-ponds-vic-3039">The Eveline</a>, has achieved a new benchmark for off-the-plan apartment sales in the suburb, with the sale of The Alexandra penthouse selling for $5,435,000.

Positioned on the top floor of a 16-level residential building, the three-bedroom, three and-a-half-bathroom penthouse features uninterrupted city skyline views across the future Valley racetrack.&nbsp;

The landmark sale comes as momentum at the precinct continues to build, with the Moonee Valley Racing Club progressing works on its new racetrack ahead of the 2027 Cox Plate. The transformative development will see MVRC reimagine the beloved Valley as a vibrant year-round entertainment and lifestyle destination.

Alongside a world-class racing experience, the historic precinct will be activated with events, hospitality and public green spaces designed to attract broader audiences, while breathing new life into one of Melbourne’s most iconic destinations.&nbsp;

[smartcode_project:default project_id=142519 project_image_fid=372786]

Development partners <a href="https://www.apartments.com.au/developers/hamton">Hamton Property Group</a> and Hostplus have delivered five residential stages over the past four years, the most recent in November 2025 with Trackside House and Stonepine House. The flourishing community is now home to almost 500 families.&nbsp;

The latest residential release, The Eveline, has recorded strong demand since launching publicly last July, securing more than $200 million in sales to date, satisfying its pre sales hurdle for construction to commence.&nbsp;

Hamton Founder and Executive Chairman, Paul Hameister OAM said, the sales&nbsp;team have been overwhelmed by demand for these unique homes in this unique project.

"Buyers continue to be predominantly hyperlocal and attracted by the 40 hectare botanic masterplan in Melbourne’s inner north west," Hameister said.

[smartcode_project:default project_id=142519 project_image_fid=372788]

Hamton’s Sales and Marketing Director Fergus Humphries said the team has achieved more than 70 sales over the past eight weeks, including the penthouse purchase by a local buyer.

"These results reinforce that, even in a challenging market, purchasers continue to be drawn to quality projects that offer more than just a home, they offer a lifestyle.”

Designed by Cera Stribley, the penthouse has been created with entertaining in mind, spanning close to 400 sqm of indoor and outdoor living space, including multiple terraces designed to capture sweeping views across Melbourne’s skyline, the new Valley racecourse and sunset views over Moonee Ponds.

Moonee Valley Park is one of Melbourne’s largest urban renewal projects, transforming the iconic racecourse site into a vibrant mixed-use neighbourhood integrating homes, parklands, retail, racing and community amenities.

[smartcode_project_cta:default project_id=142519]

Moonee Valley Park penthouse sets suburb record as sales surge clears construction benchmark

A company linked to one of Australia's largest privately owned cattle businesses has lodged plans for a new residential tower in <a href="https://www.apartments.com.au/developments/newstead-qld-4006">Newstead</a>, continuing the rapid transformation of one of Brisbane's most sought-after, inner-city precincts.

Bottletree Holdings, an entity associated with Stanbroke Managing Director Brendan Menegazzo, has submitted a development application for a 28-storey mixed-use tower at <a href="https://www.apartments.com.au/new-apartments/9-longland-street-newstead-qld-4006">9 Longland Street</a>, a site that made headlines last year when it changed hands in an off-market transaction that reportedly set a benchmark land rate for the suburb.

The proposal would replace an existing two-storey commercial building on the 1,510 sqm corner site with a Bureau Proberts-designed tower comprising 76 apartments, ground-floor retail, office space and a suite of resident wellness amenities.

<img alt="9 Longland" data-entity-type="file" data-entity-uuid="c710a836-568e-4382-bc91-3c34b8e80a8b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-22%20at%209.41.45%E2%80%AFAM.png?VersionId=Vy.mQWBc7GA_a.vIBdxKqRC9XGjWalo2" />

According to planning documents lodged with Brisbane City Council, the development would comprise a mix of 36 two-bedroom apartments, 24 three-bedroom apartments and 16 four-bedroom residences, positioning the project firmly at the premium end of the market. The apartments would sit above a podium containing retail and commercial space, with three levels of communal recreation facilities spread throughout the tower. The proposal also includes 198 car spaces and 95 bicycle spaces.

Bureau Proberts has drawn heavily on Newstead's industrial heritage in developing the architectural response.

"Occupying a prominent corner in the heart of Newstead, the proposal draws from the area's industrial lineage of robust brick warehouses to deliver a distinctly contemporary response," the architects said in the design statement.

"It is conceived as a subtropical sanctuary and elevated private retreat embedded within one of Brisbane's most vibrant lifestyle precincts."

The design seeks to reinterpret the traditional Queensland vernacular through wraparound verandahs, deep shading elements and permeable facades that respond to Brisbane's subtropical climate.

<img alt="9 Longland" data-entity-type="file" data-entity-uuid="25524f59-395c-4825-8fad-9b639822fa8a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-22%20at%209.42.09%E2%80%AFAM.png?VersionId=dlWlbpCc_g3Y6yTLGqRVKvGJvO2ubMJ3" />

Planning documents describe the building as embodying the principles of "buildings that breathe", a design approach increasingly favoured in Brisbane's apartment market as developers focus on natural ventilation and outdoor living spaces.

The tower itself would rise above a heavily landscaped podium designed to reference the woolstore architecture that helped define Newstead and neighbouring Teneriffe for generations. At ground level, fine-grain retail tenancies would activate Longland Street, Wyandra Street and the existing Wyatt Street laneway, further extending the pedestrian network that has become a hallmark of the Gasworks precinct.

The application notes that more than 54 per cent of the site would be dedicated to landscaping and deep planting, while approximately 1,750 sqm of communal recreation space would be delivered across multiple levels.

<img alt="Planning" data-entity-type="file" data-entity-uuid="fed3b189-1054-4b68-af5f-b0befc4a66e5" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-22%20at%209.42.19%E2%80%AFAM.png?VersionId=gqeE3cjsbnLAfeTUKA1HtPZfqDs6S4Xa" />

Bottletree paid $22 million for the 1,510 sqm development site, equating to more than $14,500 per sqm, a reflection of the strong demand for development opportunities in Newstead. The suburb continues to attract both developers and buyers, underpinned by the ongoing evolution of the Gasworks and Teneriffe precincts into some of Brisbane's most sought-after lifestyle destinations.

Brisbane City Council's Sustainable Growth Strategy and Inner City Strategy both identify Newstead as a priority growth precinct capable of accommodating additional housing density due to its proximity to employment hubs, public transport and lifestyle infrastructure.

The proposed tower joins a growing pipeline of high-end apartment developments in the suburb. Fortis recently launched <a href="https://www.apartments.com.au/new-apartments/crest-walker-newstead-12-kyabra-street-newstead-qld-4006">Crest &amp; Walker</a>, a 65-apartment owner-occupier-focused development on Kyabra Street, while Consolidated Properties Group is preparing to launch <a href="https://www.apartments.com.au/new-apartments/castile-47-skyring-terrace-newstead-qld-4006">Castile</a>, a 227-apartment waterfront project on Skyring Terrace.

Meanwhile, builder-developer BPG is planning its own Newstead project on Maud Street, comprising just over 100 apartments and more than 1,380 sqm of dedicated wellness and resident amenity spaces, further highlighting the shift towards lifestyle-driven apartment developments in Brisbane's inner-city market.

Newstead apartment boom continues with Longland Street tower plans

ALAND has taken the next major step in delivering its vision for Leppington Town Centre, lodging State Significant Development plans for a $549 million residential precinct that would bring more than 1,200 new homes within walking distance of Leppington Station.

The proposal, now on public exhibition, forms the Residential Core Precinct of the broader Leppington Town Centre masterplan and would transform a 4.3-hectare site at <a href="https://www.apartments.com.au/new-apartments/156-166-rickard-road-leppington-nsw-2179">156-166 Rickard Road</a> into a high-density mixed-use neighbourhood comprising nine residential buildings rising between six and 25 storeys.

<img alt="ALAND" data-entity-type="file" data-entity-uuid="fc20982d-a0a9-4989-8fb3-680ca9fdcd10" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-22%20at%209.12.44%E2%80%AFAM.png?VersionId=l5EEyS6Dkf_SLDQkwDeyAU2nXkSZP2RW" />

The development has been designed by Rothelowman and is being pursued through a State Significant Development Application alongside a concurrent rezoning request under the NSW Government's Housing Delivery Authority pathway.

If approved, the project would deliver 1,206 dwellings, including 784 build-to-sell apartments, 208 build-to-rent apartments, 189 affordable housing units and a nine-storey serviced apartment building containing 112 rooms. The proposal also includes around 7,400 sqm of non-residential floor space, new public open space, communal recreation areas and a new internal street network.

<img alt="ALAND" data-entity-type="file" data-entity-uuid="c4f80d3b-cb05-4068-8a87-808317807a99" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-22%20at%209.12.36%E2%80%AFAM.png?VersionId=KfPqh1JBuxc53IWntEzGHAeBaCLmRmum" />

<h2 data-end="1990" data-section-id="s6350" data-start="1941">A key piece of Leppington's future town centre</h2>

The site sits around 250 metres from Leppington Station, which opened in 2015 as the terminus of the South West Rail Link and has long been earmarked as the catalyst for the suburb's transformation from a rural fringe location into a major strategic centre for Western Sydney.

Leppington has become increasingly important following the announcement of the Western Sydney International Airport and the emergence of Bradfield City Centre, with government planning identifying the precinct as a significant location for future housing and employment growth.

<img alt="ALAND" data-entity-type="file" data-entity-uuid="8ca0f098-affc-48c0-80d3-468ea090a20c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-22%20at%209.12.26%E2%80%AFAM.png?VersionId=o3mwgBFT6H9YUllI0JR.JfLsUYQy1CTa" />

According to Rothelowman, the proposal responds directly to Leppington's unique position between its agricultural past and its urban future.

"The site offers an opportunity to weave together multiple layers of history, from its ancient connections to Country along the ridgeline between two waterways and its origins as part of the Cumberland woodland, to its more recent agricultural uses, and its future as a new residential community," the architects said in the design report.

The architects said the project aims to establish a high-density residential typology that combines apartment living with extensive landscaping and public open space.

"The design responds by establishing a high-density typology that combines the convenience and amenity of contemporary apartment living with a renewed native landscape."

<h2 data-end="3541" data-section-id="1ko88s2" data-start="3485">Nine buildings arranged around parks and public space</h2>

The proposal has been designed around a landscape-led framework rather than a traditional podium-and-tower approach.

Across the site, approximately 7,500 sqm of public open space would be delivered through a network of north-south and east-west linear parks, connecting into the wider Leppington Town Centre open space network. A further 8,000 sqm of communal open space would be provided for residents.

<img alt="ALAND" data-entity-type="file" data-entity-uuid="f5113abf-5440-4610-9cdc-60a0d41a407e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-22%20at%209.12.55%E2%80%AFAM.png?VersionId=k8zLMj4yZS4hStmGzZJfosjj5iArwIek" />

Rothelowman said the design seeks to maximise landscaping at ground level by concentrating development into compact tower footprints.

"Buildings are carefully lifted and distributed to minimise disturbance to the natural terrain, allowing the ground plane to remain open, permeable, and led by landscape," the design report states.

Rather than creating a continuous podium edge, the design team has focused on allowing landscaping to extend beneath and around the buildings.

"The ground plane is conceived as an extension of the surrounding environment, allowing landscape to flow up to and beneath the built forms."

The architectural language also draws on the area's natural landscape, with Rothelowman describing a material palette influenced by local gum trees, bark textures, creek systems and sandstone tones.

<h2 data-end="4971" data-section-id="s69utu" data-start="4922">Affordable housing and build-to-rent component</h2>

One of the more significant aspects of the proposal is the diversity of housing typologies.

In addition to traditional apartments for sale, the scheme includes a dedicated 25-storey build-to-rent building with 208 apartments and a 22-storey affordable housing building containing 189 homes.

The affordable housing component represents almost 16 per cent of the total dwellings proposed within the Residential Core Precinct.

<img alt="ALAND" data-entity-type="file" data-entity-uuid="f87e6808-e462-44c6-bfa8-a3de1816f2e3" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-22%20at%209.33.36%E2%80%AFAM.png?VersionId=WTsRKiUAyWw18S5S98yQB5oVuDcnJTxB" />

Community consultation undertaken ahead of the lodgement found support for additional housing in the area, particularly given ongoing affordability challenges across South West Sydney. Survey work conducted with local residents found housing affordability was one of the poorest-rated aspects of living in Leppington, while a majority of respondents were open to additional housing within the local government area.

The site's proximity to Leppington Station was identified as the most positively viewed aspect of the proposal, while public open space and affordable housing provisions also received majority support.

<h2 data-end="6184" data-section-id="1ngkie4" data-start="6140">Part of Leppington's broader expansion</h2>

ALAND will be a significant contributor to the broader vision for Leppington Town Centre, which is expected to accommodate more than 25,000 residents as the precinct evolves over the coming decades.

Located within Sydney's South West Growth Area, the 440-hectare Leppington Town Centre has been identified by the NSW Government as a strategic centre spanning both the Liverpool and Camden local government areas.

In 2023, Liverpool City Council and Camden Council, supported by the NSW Department of Planning and Environment, prepared a draft planning proposal to rezone land and amend development controls across a number of sites within the town centre.

The proposal outlines a new vision for Leppington Town Centre, reducing the amount of land allocated for business park uses while increasing land zoned for commercial development, housing and open space. The changes are designed to optimise land use across the precinct and support the delivery of a more walkable, transit-oriented centre anchored by Leppington Station.

&nbsp;

ALAND plots 1,200-home Leppington masterplan

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?

Melbourne residential developer ANGLE has secured a double-quick approval for its new apartment project in the heart of Camberwell.

ANGLE, who is currently delivering Fernhurst in Kew and has an impressive portfolio of completed projects across the likes of Elwood, <a href="/developments/hawthorn-vic-3122">Hawthorn</a> and South Yarra, has been given the green light by the&nbsp;City of Boroondara for a 10-level mixed-use building at 335 Camberwell Road with 69 apartments.

The development, to be known as <a href="/new-apartments/terrace-335-camberwell-road-camberwell">Terrace</a> given its stepped design, will be&nbsp;ANGLE’s seventh project in Boroondara and second in Camberwell, which has a median house price of $2.61 million, reflecting its status as one of Melbourne’s most sought-after suburbs, bolstered by its grand, historic residences and tranquil, leafy streets.

<img alt="ANGLE Camberwell" data-entity-type="file" data-entity-uuid="b044395f-069d-490b-bea9-3097510efce7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-02-10%20at%2011.22.42%E2%80%AFAM.png?VersionId=qwy2hBAT3nYp2h.eNLgKMFcbH2ABQF7h" />

The building has been designed by Tristan Wong Architecture and Design and will offer a mix of one, two and three-bedrooms, with an average internal area of over 190 sqm and large terraces averaging over 30 sqm.

The 3,807 sqm site is just 300 metres from Camberwell Junction.

The apartments will sit above ground floor retail and hospitality spaces along Camberwell Road, as well as 213 parking spaces in the basement, an averge of three spaces per dwelling.

ANGLE is giving back a lot of the site to resident use. They're only covering 58 per cent of the near-one acre site, so they can create a private 500 sqm north-facing park with large canopy trees and dense landscaping by MALA Studio and Amanda Oliver Gardens.

<img alt="ANGLE Camberwell" data-entity-type="file" data-entity-uuid="361af7a4-1bbc-49fe-a2f9-fec518ba60de" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-02-10%20at%2011.17.23%E2%80%AFAM_0.png?VersionId=KruqYlNXjzNIIgEflaIMrWwHxV1JeHeg" />

"Projects with park outlooks have always outperformed the market and given the location opposite Camberwell Civic Centre and the amount of frontage afforded to us, almost every apartment will have a park aspect. Further, given the size of the setbacks and 58% site coverage, the building sits in a heavily landscaped setting," ANGLE Director Lachlan Gibson says.

He believes they have one of the best sites in the area.

"Analysis shows that this is one of the only developable sites in excess of 3,500 sqm in the Camberwell Junction Activity Centre, so we consider ourselves extremely fortunate to have secured what we think is the best one, being almost an acre in size and fronting a park."

Gibson is expecting local downsizers to make up the majority of purchasers.

"We are super bullish on the Melbourne market in the space that we are playing in. There is an extremely low supply of high-quality projects and the market is becoming increasingly discerning, which is pleasing to see. Buyers are more than happy to pay a premium for something if they love the design and know it’s going to be delivered well. This is especially true if the project has a bit of X factor, such as a park outlook."

Construction on Terrace is expected to start in 2026, with completion slated for 2028.​​​

Construction on Terrace is expected to start in 2026, with completion slated for 2028.​​​

ANGLE secures new Camberwell apartment project

Bondi Beach's famous Hall Street is set to see its transformation continue, with more plans for new shoptop housing.

The latest proposal is for a redevelopment of 27 Hall Street, currently a Vodafone and a mobile phone repair shop beneath six original apartments.

The plans for the 593 sqm site, which was bought for $23 million in 2021 by&nbsp;Hong Kong-based OCP Asia partner Dan Simmons and his wife Mandy, is for a five-level building with 17 apartments, including affordable housing, above two retail spaces.

Brian Meyerson's MHN Design Union, which is behind several new development designs in <a href="/developments/bondi-beach-nsw-2026">Bondi Beach</a>, handled the plans for the latest project.

<img alt="Hall sTreet" data-entity-type="file" data-entity-uuid="2b3daa29-9831-46a1-b8e5-b100a17893d5" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-02-10%20at%2012.28.22%E2%80%AFPM.png?VersionId=6AhtzVwrLCw014d4OnO37WvQp2O6eXYu" /> 
The plans by MHN Design Union

The Urban Context Rpeort, prepared by&nbsp;AE Design Partnership, referenced Waverley Council's 'Our Liveable Places' strategy, which says&nbsp;“The desired future character of Hall Street is to be an iconic destination for locals and international travellers that is lively, green and sustainable. A centre that has a community feel and is creative and diverse”.

In a move not common with new development applications, a focus has been on smaller units. Two studios have been proposed, as well as 11 one-bedroom apartments and four two-bed units, two of which will have their own private rooftop terraces.

<img alt="Hall Street" data-entity-type="file" data-entity-uuid="2bc4a2d2-b296-4721-91ad-4013cf600301" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-02-10%20at%2012.32.18%E2%80%AFPM.png?VersionId=79C.zeT7Wff7K75ccrB0qLQ1azoxF4M8" /> 
The current building at 27 Hall Street

There are currently six developments on Hall Street which are either with the local council or approved, the submission noted.

The proposal comes at a time when three major projects for the area are coming to a close.

Buyers are settling at Aqualine where Koichi Takada-designed pentouse sell for around $22 million, a <a href="/news/nsw/aya-penthouse-bondi-beachs-largest-single-level-apartment-sells-for-around-22-million">record for a non-beachfront facing apartment</a>.

Rebel Property Group's Hall &amp; Campbell, too a record setter with the $23 million sale of its penthouse for a <a href="/news/nsw/hall-campbell-sets-new-apartment-record-in-bondi-beach">record $105,000 per sqm</a>, will finish soon, as will Princeton's Eurangi Bondi Beach which is near Hall Street on Campbell Parade.

There are currently six developments on Hall Street which are either with the local council or approved.

First look: Hall St, Bondi Beach transformation to continue with new shoptop housing pitched

The softening of Sydney's housing market looks to be short-lived, with hopes of an interest rate cut or two in the near term fuelling a slowdown of the slowdown.

October marked the first time in 21 months that the <a href="/developments/sydney-nsw">Sydney housing market</a> went backwards. Sydney's last decline saw the market contract -12.4 per cent between February 2022 and January 2023.

That doesn't look on the cards this time however, with some positive signs coming at the start of 2025.

In January, house values declined -0.4 per cent and units -0.2 per cent, according to CoreLogic's Home Value Index, better than they both fared in December.

If next month prints even better, it will look like both the house and unit market might give up just two or three per cent of the gains they saw for 21 months until October 2024.

<h2>What happened in Sydney’s off the plan apartment market in January?</h2>

The property market is generally quite quiet in Sydney until after Australia Day when kids return to school and prospective buyers restart their search after the summer break.

There was nothing quiet about the development applications pushed to various councils across Sydney's inner city in January however - with several developers getting back to the desks early and putting their proposals on the desks of local councils.

The biggest plans were revealed in the CBD where&nbsp;<a href="/developers/billbergia">Billbergia Group</a>&nbsp;and Metrics Credit Partners are teaming up for two 80-level towers that will home around&nbsp;600 apartments, a high-end hotel, retail spaces, and an upgraded public domain.&nbsp;

The duo acquired a&nbsp;6,000 sqm site spanning Castlereagh, Pitt, and Liverpool Streets and intends on starting demolition on the site, subject to approvals, next year.

Read more:&nbsp;<a href="/news/nsw/billbergia-metrics-propose-two-80-level-towers-in-sydneys-cbd">Billbergia &amp; Metrics propose two 80-level towers in Sydney's CBD</a>

<img alt="Billbergia &amp; Metrics propose two 80-level towers in Sydney's CBD" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_auto/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/fjcstudio%20-%20338%20-%20V2-%20Final.jpg?VersionId=KNbLILH27WtrgtvvaMZzpRfUHeQ6NnK2" />

&nbsp;

In harbourside <a href="/developments/double-bay-nsw-2028">Double Bay</a>, furniture king Anthony Scali is plotting a redevelopment of the Savoy Hotel on Knox Street.

Scali has submitted plans for a five-level, mixed-use building at 35-45 Knox Street, comprising nine luxury apartments above three ground-floor retail spaces.<img alt="Double Bay makeover to continue as Scali furniture boss plots new luxe apartments" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_auto/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Plan%20-%20Photomontage%20-%20DA2024%20546%201%20-%2039-41%20Knox%20Street%20DOUBLE%20BAY%20%281%29.JPG?VersionId=JAz.LKybCrHzHwoivGoVjyBML029QMfL" />

Designed by <a href="/architects/mhn-design-union">MHN Design Union</a>, the $31 million development aims to integrate with the suburb’s established character while catering to a diverse demographic, including families, downsizers, and retirees.&nbsp;

The proposal is part of a broader wave of redevelopment in Double Bay, which includes the $1 billion transformation of the InterContinental Double Bay precinct and other shop-top housing projects in the area.

Read more:&nbsp;<a href="/news/nsw/double-bay-makeover-to-continue-as-scali-furniture-boss-plots-new-luxe-apartments">Double Bay makeover to continue as Scali furniture boss plots new luxe apartments</a>

Mixed-use projects proved popular in January. <a href="/developers/fabcot">Fabcot</a>, the development arm of supermarket giant Woolworths, finally submitted its long-awaited plans for its&nbsp;<a href="/developments/waterloo-nsw-2017">Waterloo</a>&nbsp;shoptop development.

&nbsp;

The $165 million project designed by <a href="/architects/bates-smart">Bates Smart</a>&nbsp;will include two residential buildings with 110 apartments, a five-level commercial building, and a full-line Woolworths supermarket with specialty retail.&nbsp;

Read more:&nbsp;<a href="/news/nsw/woolworths-unveils-long-awaited-waterloo-precinct-with-shop-top-housing">Woolworths unveils long-awaited Waterloo precinct with shop-top housing</a>

<img alt="Woolworths unveils long-awaited Waterloo precinct with shop-top housing" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_auto/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/923%20-%20935%20Bourke%20Street%2C%20Waterloo.png?VersionId=2jKvJSrvW5xy_JvUr6rj_QO8pY_OvujU" />

Waterloo is undergoing a major transformation. Adjacent to the site is DASCO's six-building <a href="/new-apartments/danks-st-district-903-921-bourke-street-waterloo-nsw-2017">Danks Street District</a> which was recently launched to the market.

And the growth in Waterloo is set to continue with joint venture partners&nbsp;<a href="/developers/mirvac" target="">Mirvac</a> and John Holland changing up their plans for Waterloo Metro Quarter, scrapping offices in favour of co-living and apartment towers.

The $960 million submission will deliver 655 apartments in total, as well as retail spaces and community facilities above the recently opened metro station.

<img alt="First Look: Mirvac, John Holland, submit $960m Waterloo Metro Quarter plans" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_auto/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/MIR_WAT_VIEW_12_FINAL_V2.jpg?VersionId=X5IF2ucStjwn0HHuziLE5sXwgS0eC1EV" />

&nbsp;

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.

Read more:&nbsp;<a href="/news/nsw/first-look-mirvac-john-holland-submit-960m-waterloo-metro-quarter-plans">First Look: Mirvac, John Holland, submit $960m Waterloo Metro Quarter plans</a>

&nbsp;

If next month prints even better, it will look like both the house and unit market might give up just two or three per cent of the gains they saw for 21 months until October 2024

City Beat January 2025: Sydney property market cooldown slows as new apartment pipeline ramps up

The $500 million 26 Vista Surfers Paradise apartment development by Malaysian construction and development company&nbsp;<a href="/developers/mrcb">MRCB International</a>, has continued to impress buyers.

They've now sold 70 per cent of the 280 apartments and townhouses in the sustainability-focused building named after its location on Vista Street.

“<a href="/new-apartments/vista-surfers-paradise-26-vista-street-surfers-paradise">26 Vista</a> offers the ultimate coastal lifestyle, and as such has attracted very strong interest from locals wanting to live there and interstate buyers wanting to get a foothold in a hot Gold Coast Market,” says Matt George from project marketer Urban Activation.

“The diverse mix of buyers we’ve seen investing in this development stands as a testament to the superior product that is being offered. 26 Vista is truly the gold standard for coastal living, with its thoughtfully considered design and its commitment to providing residents with five-star luxury in sub-tropical surrounds.”

[smartcode_project:default project_id=112730 project_image_fid=319148]

26 Vista will offer a unique array of three-level terraces, one, two, three and four-bedroom apartments and a swell of communal amenities.

Club Vista will span the whole of the fourth level and will feature wellness and&nbsp;recreation facilities, including a lap pool, spa, outdoor lounge areas, gym, sauna steam room, yoga deck, cinema room, games room and resident’s lounge.

Taking amenities to sky heights, the rooftop terrace will have 360-degree views stretching from the ocean to hinterland ranges.

[smartcode_project:default project_id=112730 project_image_fid=211252]

On Level 51, Stratos will provide residents with both indoor and outdoor lounges, complete with a fireplace area.

Exclusively for Alto Collection Residences, Alto on Level 51 offers a private indoor lounge and dining room, along with an outdoor fire pit and plunge pool.

[smartcode_project:default project_id=112730 project_image_fid=211251]

“Buyers have loved that they don’t feel the pinch of downsizing and that their sacrificing space, rather, their new residences and the spectacular amenity offerings provide them with more than they could imagine," George added.

“We’re thrilled to see such an outstanding buyer response, and given the rate with which the apartments and townhouses have been purchased, we’re expecting the remaining residences to have as strong of an uptake.”

[smartcode_project_cta:default project_id=112730]

26 Vista will offer a unique array of three-level terraces, one, two, three and four-bedroom apartments and a swell of communal amenities

26 Vista Street, Surfers Paradise apartment development, hits 70 per cent sold

Following another strong year for the <a href="/developments/gold-coast-qld">Gold Coast</a>&nbsp;unit market, values look like they are going to continue to rise in 2025.

CoreLogic's Monthly Home Value Index reveals that units—comprising both apartments and townhouses—rose by 0.5 per cent in January, building on a <a href="/news/qld/city-beat-december-2024-gold-coast-unit-values-grow-over-nine-per-cent-in-2024-but-ends-with-cooling-market">nine per cent growth in 2024</a>.

The median unit value on the Gold Coast has now reached $829,000. If compared to capital city unit markets, it would only sit behind Sydney's median ($857,000).

<h2>What happened in Gold Coast’s off the plan apartment market in January?</h2>

It was a strong start to the year in the Gold Coast off the plan apartment market.

While there was little movement in terms of new projects either launching or going through the apporval process, demand for off the plan apartments is approaching 12-month highs.

Enquiry in January 2025 was at its highest point since February 2024, led by increased demand in the likes of <a href="/developments/coolangatta-qld-4225">Coolangatta</a>, <a href="/developments/biggera-waters-qld-4216">Biggera Waters</a>, and <a href="/developments/runaway-bay-qld-4216">Runaway Bay</a>.

Interest in Runaway Bay was sparked by the launch of <a href="/new-apartments/aqualis-runaway-bay-20-24-oatland-esplanade-runaway-bay">Aqualis</a>,&nbsp;just 18 luxury three and four-bedroom apartments on Oatland Esplanade, capitalising on the suburb’s limited supply of new apartments.&nbsp;

[smartcode_project:default project_id=29985 project_image_fid=316717]

Designed by <a href="/new-apartments/aqualis-runaway-bay-20-24-oatland-esplanade-runaway-bay">XL Architecture</a>, Aqualis apartments offer expansive living spaces with floor-to-ceiling glass windows and doors, ensuring uninterrupted views over the Broadwater.&nbsp;

The development will also have a swimming pool, gym with sauna, and&nbsp;a residents-only marina with 12 berths and additional jet ski docks.

[smartcode_project:default project_id=29985 project_image_fid=316718]

<a href="/new-apartments/harbour-shores-biggera-waters-564-oxley-drive-biggera-waters">Harbour Shores</a> has continued to lead buyer enquiry in Biggera Waters as the suburb's only new development.&nbsp;

<a href="/new-apartments/holm-rainbow-bay-44-50-eden-avenue-coolangatta">Holm Rainbow Bay</a> by <a href="/developers/chapter-two">Chapter Two</a> has dominated enquiry in Coolangatta. The development, under construction by Groupline, comprises just 87 apartments on Eden Avenue with a rooftop pool looking across Rainbow Bay.

Buyers have jumped at the $1.5 million two-bedroom apartments, as well as as the $3.25 million three-bed apartments.

[smartcode_project:default project_id=109905 project_image_fid=209082]

January saw more than just a surge in enquiries; views of Gold Coast projects hit an 18-month high, driven by both local and interstate buyers.

<a href="/developments/surfers-paradise-qld-4217">Surfers Paradise</a> experienced a notable rise, with project views reaching a 12-month peak.

The next development to launch in Surfers Paradise is <a href="/new-apartments/exhale-surfers-paradise">Exhale by Siera</a>, the developer’s third Gold Coast project in as many years.

Exhale, ideally located on Enderley Avenue just off Northcliffe Beach, will feature 54 apartments in a striking building designed by BDA Architects.

[smartcode_project:default project_id=112661 project_image_fid=283239]

In terms of buyer interest, the $1.5 million to $2 million price range was the most popular in January 2025, with enquiries nearly doubling the 2024 average in this bracket.

The $2 million to $2.5 million range also saw its highest level of activity in the past 12 months.

Enquiry in January 2025 was at its highest point since February 2024, led by increased demand in the likes of Coolangatta, Biggera Waters, and Runaway Bay.

City Beat January 2025: Gold Coast property values continue to grow as off the plan enquiries hit near 12-month high

There aren't many opportunities to secure a brand new, parkside apartment in any of Australia's cosmopolitan capital cities for under $500,000.

Irving Domain in Melbourne's&nbsp;<a href="/developments/box-hill-vic-3128">Box Hill</a> presents a unique opportunity to live just steps away from the scenic Box Hill Gardens. Spanning over three hectares, the gardens offer walking tracks, playgrounds, sports courts, and a one-kilometre running track around its boundary.

The gardens will also soon sit above a new train station, part of Victoria's Big Build extension of the Suburban Rail Loop.

Residents of <a href="https://www.google.com/search?q=site%3Ahttps%3A%2F%2Fwww.urban.com.au%2F+APH+Holdings&amp;rlz=1C1ONGR_enPH1005PH1005&amp;oq=site%3Ahttps%3A%2F%2Fwww.urban.com.au%2F+APH+Holdings&amp;gs_lcrp=EgZjaHJvbWUyBggAEEUYOTIGCAEQRRg60gEIMjIyN2owajSoAgCwAgA&amp;sourceid=chrome&amp;ie=UTF-8">Irving Domain</a> won't just be able to take in the green spaces and excellent connectivity to wider Melbourne including the CBD, but they'll also be in the heart of the growing Box Hill, with close access to all the amenities needed for everyday living.

[smartcode_project:default project_id=8569 project_image_fid=311424]

The one-bedroom apartments, over 60 sqm, start from just under $500,000, while the two-bedroom apartments are competitively priced from $595,000.

Reputable builder Ironside is well advanced in construction and is expected to complete Irving Domain later this year.

[smartcode_project:default project_id=8569 project_image_fid=317419]

Architecture firm <a href="/architects/dko-architecture">DKO</a> designed Irving Domain, just 110 apartments across a curved, glass building. They each feature a neutral colour palette with high-end finishes including timber flooring and stone benchtops.

DKO reserved space on the rooftop for a retreat with a swimming pool, outdoor dining, and social spaces, with panoramic views across Melbourne.

[smartcode_project:default project_id=8569 project_image_fid=311421]

<a href="/developments/box-hill-vic-3128">Box Hill</a> itself is one of Melbourne’s fastest-growing urban hubs, renowned for its vibrant shopping precinct and diverse dining scene. Box Hill Central, the major shopping hub, is just a short walk.

Stamp duty savings are applicable at Irving Domain.

[smartcode_project_cta:default project_id=8569]

The one-bedroom apartments, over 60 sqm, start from just under $500,000, while the two-bedroom apartments are competitively priced from $595,000

Live parkside in Melbourne for under $500,000

Fresh off the success of its under-construction Amaya apartment development, Amalgamated Property Group has unveiled its latest installment in the booming Broadbeach.

<a href="/developers/amalgamated-property-group">Amalgamated</a>, in partnership with Base Developments, has drawn back the curtain on <a href="/new-apartments/affinity-broadbeach-40-46-chelsea-avenue-broadbeach">Affinity Broadbeach</a>, 180 apartments on the sought-after Chelsea Avenue, on the same street as Nikiforides Family Park between&nbsp;Kurrawa Beach and Pacific Fair Shopping Centre.

It's the first new development in Broadbeach to hit the market fresh in 2025.

[smartcode_project:default project_id=107690 project_image_fid=323198]

The two and three-bedroom apartments across the 39-level glass tower will each feature open-plan layouts, with sizes starting from 115 sqm for the two-bed apartments and 180 sqm for the three-bed apartments.

The living areas feature floor-to-ceiling windows, with balconies extending off the main spaces to maximize coastal views and natural light.

[smartcode_project:default project_id=107690 project_image_fid=323196]

A unique feature for future owners is the large space between Affinity’s eastern side and its neighbours due to the developer purchasing multiple lots and prioritising keeping this large vertical space open instead of expanding the building footprint.

They've reserved that space for the heated outdoor pool set in extensive landscaping, creating a more private space for residents. Affinity will also feature a&nbsp;gym, sauna, yoga spaces, and several communal lounges and private dining areas for resident use.

[smartcode_project:default project_id=107690 project_image_fid=323199]

Carly Cottam, CEO of MOTIV Group who is in charge of sale, says the Gold Coast property market continues to demonstrate remarkable resilience, with discerning buyers increasingly prioritising quality, location, and most importantly, the reputation of the developer and builder.

"Affinity stands out by offering an affordable luxury option, perfectly positioned near the beach, vibrant dining, and retail precincts. With such strong off-market interest to date, it is clear, demand for premium residences remains robust. Whether seeking a lifestyle retreat, downsizing, or rightsizing, buyers are drawn to the seamless blend of convenience and elegance that Affinity provides.”

Graham Potts, Principal and Founding Director Amalgamated Property Group, says Affinity Broadbeach meets a genuine need in the market.

“We’re thrilled to be adding another residential development to our Queensland portfolio and in particular, on the much sought-after Gold Coast," Potts said.

He said they have the added bonus of having their own in-house construction team, Capital Constructions Queensland, which will bring buyers confidence in the project delivery.

[smartcode_project:default project_id=107690 project_image_fid=323744]

Dennis Milin from Base Developments and Director of Capital Constructions Queensland said the successful 20-year partnership with Amalgamated has resulted in numerous award-winning projects, focusing on spacious designs, functional amenities, and high-quality construction.

"This success is driven by our collaboration with a skilled and reputable team of architects, designers, engineers, and trades, alongside our experienced in-house construction professionals," Millin says.

"We are excited to soon deliver another leading collection of homes in Broadbeach which will perfectly complement the Gold Coast lifestyle."

Capital Constructions Queensland will commence construction in Q2 2025, and expect to complete in 2028.

[smartcode_project:default project_id=107690 project_image_fid=323743]

Broadbeach continues to be a sought-after destination for local owner-occupiers and interstate investors, driven by its location just south of Surfers, and home to popular attractions like the Broadbeach Bowls Club,&nbsp;Kurrawa Surf Club, and The Star Casino.

The suburb's popularity surged during the pandemic, with strong price growth recorded throughout 2021 and 2022. While the market saw a brief correction in 2023, growth stabilized in 2024, maintaining steady annual increases of 10 to 15 per cent, according to CoreLogic data.

Amalgamated Property Group has been busy paving the way in changing ACT’s property landscape over the last two decades. They have been responsible for premium developments such as Kiara, Ivy, the Oaks 3-stage precinct and Civic Quarter in the ACT, as well as Sierra Grand and Verve in the Gold Coast, and Aurora in Brisbane.

Amalgamated was also responsible for developing the first luxury homes within the prestigious Parliamentary Triangle with The Griffin project - a huge achievement in the most prominent landscape of Australia’s Capital.&nbsp;

[smartcode_project_cta:default project_id=107690]

Affinity is the first new development in Broadbeach to hit the market fresh in 2025.

Amalgamated Property Group launches Affinity Broadbeach apartments ahead of construction commencement

After experiencing calendar year growth not seen in nearly four decades, it was inevitable that Brisbane’s unit market would eventually cool.

Although it hasn't reached the exceptional monthly growth levels seen last year, which drove a total annual increase of well over 16 per cent, January kicked off 2025 with a strong 0.6 per cent gain, according to CoreLogic's latest Home Value Index.

The unit market outpaced houses again, which were up 0.3 per cent in Jan.

The median value for a unit in <a href="/developments/brisbane-qld">Brisbane</a> is now $685,000, while the median house value is $977,000.

Only Brisbane and Perth recorded an increase in dwelling values (houses and units combined) last month, CoreLogic found, with a nation-wide slowdown expected to only last a brief period given the upcoming interest rate drops.

CoreLogic Research Director, Tim Lawless, noted that affordability constraints and rising advertised supply levels have contributed to the cooling trend.

<h2>What happened in Brisbane’s off the plan apartment market in January?</h2>

The Brisbane off the plan apartment market showed signs in January that we're in for another strong year.

Enquiry levels across new and off the plan apartment developments in Brisbane were at a five-month high, according to <a href="https://industry.urban.com.au/data-insights">MatterFact</a>, the data partner of <a href="/">Apartments.com.au</a>.

Interest in properties priced between $500,000 and $1 million surged, driven largely by the launch of <a href="/new-apartments/astra-apartments-gaythorne-16-station-avenue-gaythorne">Astra Apartments</a> in <a href="/developments/gaythorne-qld-4051">Gaythorne</a> which hit the mark on the affordability scale.

[smartcode_project:default project_id=148948 project_image_fid=320219]

A sign of intent is always search - and search activity for suburbs across Brisbane was well over the 2024 median in January.

Upper Mount Gravatt emerged as the most searched suburb across Brisbane, with notable spikes in search for&nbsp;<a href="/developments/hamilton-qld-4007">Hamilton</a>, <a href="/developments/west-end-qld-4101">West End</a>, and <a href="/developments/kangaroo-point-qld-4169">Kangaroo Point</a>.

[smartcode_project:default project_id=114215 project_image_fid=210749]

The most exciting news in Brisbane in January was an Urban exclusive. We reported that <a href="/developers/icd-property">ICD Property</a>, who is behind landmark towers in Melbourne, Sydney and Adelaide, bought the well-known R&amp;F site in West End.

The 1.68-hectare site,&nbsp;formerly home to Riverside Corporate Park, has had previous approvals for a multi-tower precinct with around 1,000 apartments, a retail plaza, and a riverside walkway.

ICD will file a new application with a different design.

<img alt="Exclusive: ICD Property secures riverfront West End site for Brisbane's latest multi-tower precinct" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_auto/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screenshot%202025-01-21%20at%201.50.25%E2%80%AFPM.png?VersionId=8gLSNkWvhxKuY5vvmYcF7NKji0gZmoah" />

The only other significant development application in January was in East Brisbane where&nbsp;<a href="/developers/rg-property">RG Property Group</a>&nbsp;is seeking to developer a 10-level apartment development near the future Olympic Games Precinct.

The Wellington Road site already has approval for an eight-level building. RG's plans for the new project, dubbed The Banksii, are for 72 apartments.

&nbsp;

<img alt="First look: RG Property files for Brisbane Olympic Games precinct apartment tower" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_auto/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screenshot%202025-01-09%20at%203.57.59%E2%80%AFPM.png?VersionId=xQw.MAEHV9KiTYc2hhMekO5ZKpv2f3pG" />

The redesign by <a href="/architects/mas-architecture-studio">MAS Architecture</a> incorporates a rooftop swimming pool, a gym, and a public laneway connecting Wellington Road to Manilla Street.&nbsp;

The&nbsp;<a href="/developments/woolloongabba-qld-4102">Woolloongabba</a> precinct continues to attract investment, with several residential projects in the pipeline alongside public infrastructure upgrades.

Enquiry levels across new and off the plan apartment developments in Brisbane were at a five-month high, according to MatterFact, the data partner of Urban.com.au.

City Beat January 2025: Brisbane unit market continues upward trajectory as off the plan enquiry reaches five-month high

Sydney-based real estate investment firm, <a href="/developers/wentworth-capital">Wentworth Capital</a>, is spearheading a rare and historic new chapter in the story of Sydney’s iconic The Rocks district, with the first stage sales launch of Long’s Lane Heritage Terraces (Long’s Lane).

Long’s Lane consists of 17 residences and one commercial property ranging in age from as early as the 1800s, with the buildings offering the only privately-held Torrens title houses in The Rocks. Of the 18 properties, 14 are listed on the State Heritage Register.&nbsp;

The precinct is also home to one of the earliest laneways in Sydney and some of the first European architecture in Australia, including Jobbins Terrace - the earliest example of the country’s first Australian-born practicing architect in NSW, Oswald Hoddle Lewis. The collection of buildings range from the early Victorian and Edwardian architectural periods.

&nbsp;

<img alt="Long Lane" data-entity-type="file" data-entity-uuid="841fd5a3-4968-4b6d-9e83-fec2104528c5" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-02-04%20at%209.37.41%E2%80%AFAM.png?VersionId=EFEPDtMqdD8PvRKefkbWnK6pjpqinPOx" /> 
First recorded on town plans in 1807, Long’s Lane is one of the earliest laneways in Sydney.

Wentworth Capital has embarked on a sympathetic staged renovation program to update the buildings for modern family living, in keeping with the protection and preservation of their distinctive heritage. The project will return Long’s Lane to its original intended use as a thriving residential community.

The sales launch marks a turning point in the site’s tumultuous modern history, which included plans to demolish the buildings in favour of high-rise commercial structures during the 1960s, which the government rejected following community backlash. The 1980s saw another scheme for a 800-bed hotel, which despite not proceeding, resulted in the 18 properties being merged under one title. Following the plan’s rejection, Long’s Lane became underutilised and fell into disrepair.

Wentworth Capital’s Executive Director, Paul Apostoles, expressed his excitement about this significant milestone for the precinct.

“This is a rare opportunity to own a piece of Australia’s history," Apostoles said.

"We’re thrilled to bring these historic homes to market, championing the next chapter of Long’s Lane’s unique history by enabling a new generation to experience the incredible lifestyle and cultural legacy of The Rocks.

&nbsp;

“The heritage features of each home are being meticulously preserved, recognising their importance as some of the earliest and most well-preserved examples of European architecture from Sydney’s settlement period,” added Paul.

&nbsp;

<img alt="Longs Lane" data-entity-type="file" data-entity-uuid="19054b9e-0606-4250-944e-752d3f06a297" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/longs%20lane.jpg?VersionId=IF.6fGDrpPDzDERfvVeW2cW9H1Tj4XbZ" />

<a href="/project-marketer/mcgrath-projects">McGrath</a> Millers Point’s Richard Shalhoub said Long’s Lane’s unparalleled location and proximity is the best Sydney has to offer.

“Long’s Lane encapsulates the very essence of life in The Rocks, where cobblestoned laneways, heritage architecture, and vibrant community life converge," Shalhoub said.

"Residents will enjoy the convenience of living steps away from Sydney’s iconic Harbour, Circular Quay, and the buzzing arts and cultural hub of Barangaroo.&nbsp; From bustling weekend markets to world-class restaurants and hidden laneway bars, The Rocks offers a lifestyle quite unlike anywhere else."

Shalhoub says the houses will suit city workers given they are on the doorstep&nbsp;of Australia’s largest economic hub.

<a href="/project-marketer/colliers">Colliers</a>’ Associate Director - Residential, Oliver Stillman, said Long’s Lane’s greatest attraction is that you know the building’s stories remain etched in every brick and beam.

"It’s not often you have the opportunity to buy one of Australia’s first butchers shops, constructed in 1881, a former Chinese boarding house from 1868, or one of Sydney’s earliest lolly shops, for instance.&nbsp;

“Long’s Lane stands as a testament to Sydney’s enduring spirit, blending its past and present. From whalers and dockworkers in its early days, to modern families more recently drawn to its heritage allure, the precinct continues to tell the story of Sydney’s evolution."

&nbsp;

Colliers’ Oliver Stillman said Long’s Lane’s greatest attraction is that you know the building’s stories remain etched in every brick and beam



Long’s Lane presents opportunity to own rare slice of Sydney history as heritage-listed terraces launch

Sam Arnaout's Iris Capital has been given the green light to complete the final phase of its landmark Newcastle city centre development, East End.

Iris Capital's involvement in Newcastle started way back in 2016 when it acquired the Hunter Street Mall, a prime 1.66-hectare street site in the heart of the city.

Now Iris Capital, the owner of a multi-billion dollar hospitality portfolio across the country and the developer of two landmark projects in the Gold Coast including the $800 million Victoria &amp; Albert in Broadbeach, is soon to complete its ambitious precinct that has truly changed the face of Newcastle.

[smartcode_project:default project_id=107744 project_image_fid=211154]

The $1 billion East End masterplan is already well established, with several apartment buildings and retail and commercial spaces delivered in the first two stages, perfectly positioned just minutes from the Crown Street Light Rail Station and 200m from Newcastle Beach.

The final stages will include more boutique retail outlets, dining experiences, green public spaces, and modern one, two, three and four-bedroom apartments designed by SJB Architects.

[smartcode_project:default project_id=107744 project_image_fid=216984]

“We are thrilled to have received approval to move forward with the next stage of <a href="/new-apartments/east-end-newcastle-143-hunter-street-newcastle">East End Newcastle</a>,” said Sam Arnaout, CEO of Iris Capital.

“This development is a testament to our commitment to creating a connected, lively, and sustainable community in Newcastle’s city centre. Our vision is to blend heritage and contemporary design to provide a unique space where people can live, work, and enjoy everything this great city has to offer.”

[smartcode_project:default project_id=107744 project_image_fid=216988]

Construction has already commenced on the final stages of East End. The development has already garnered several awards, from the 2022 NSW Mixed Use Development of the Year awarded by the Urban Development Institute of Australia to the Urban Taskforce Australia's 2022 Adaptive Reuse Development Excellence Award.

The apartments are expected to be in high demand from professionals, families, and retirees.

[smartcode_project_cta:default project_id=107744]

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