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.

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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.

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Joel Robinson

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

<a href="https://www.apartments.com.au/developers/centa-property-group">Centa Property Group</a> has achieved two major milestones at its <a href="https://www.apartments.com.au/new-apartments/bilinga-house-107-golden-four-drive-bilinga-qld-4225">Bilinga House</a> apartment development in the sought-after southern Gold Coast.

They've almost sold 50 per cent of the Golden Four Drive building, while at the same time announcing the commencement of construction through reputable builder Greyburn Construction.

The boutique 10-storey building, with 47 two- and three-bedroom apartments, now has a mid-to-late 2028 completion date.

[smartcode_project:default project_id=150037 project_image_fid=5333]

The <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a>-designed project is positioned just 200 metres from Bilinga Beach and brings a relatively rare apartment offering to a market that has seen limited new supply in recent years.

Residences have been designed to maximise natural light and ventilation, with open-plan interiors, generous glazing, and material palettes that reflect the surrounding coastal landscape.

Interiors incorporate engineered timber flooring, stone benchtops, and custom joinery, with layouts designed to adapt to both permanent living and lock-and-leave use.

[smartcode_project:default project_id=150037 project_image_fid=5336]

Rothelowman Senior Project Leader Matthew Tencate said the design approach centres on liveability and community.

“Providing curated on-site amenities and communal spaces for residents that facilitate a sense of community, liveability, and wellness,” Tencate said.

Residents will have access to a suite of private amenities including a pool, gym, sauna, and communal alfresco areas, alongside practical features such as surfboard storage and bicycle facilities.

[smartcode_project:default project_id=150037 project_image_fid=5336]

Centa Property Group Director Jason Yuen said the project has been designed to appeal to a range of buyers seeking flexibility in how they use their property.

“Bilinga House is designed for those who want the best of both worlds – a modern beachside escape with the flexibility to generate income when you're not there,” Yuen said.

[smartcode_project:default project_id=150037 project_image_fid=5338]

Bilinga remains one of the quieter pockets of the Gold Coast, sitting between the more established hubs of Coolangatta and Palm Beach. Its appeal has strengthened in recent years, supported by proximity to the Gold Coast Airport and the Oceanway coastal path.

[smartcode_project_cta:default project_id=150037]

Bilinga House apartments snapped up as Greyburn commences construction

Breaking into the Sydney property market has long felt out of reach for many first home buyers, particularly as median house prices sit above $1.6 million and unit prices push beyond $900,000.

But entry points still exist in pockets of Greater Western Sydney, where pricing, government incentives, and product mix are aligning to make ownership more attainable.

Understanding where those opportunities sit, and how the numbers actually stack up, is becoming increasingly important for buyers weighing up their next move.

<h2>Work out what you can actually afford</h2>

Sydney is expensive, but it isn’t uniformly expensive. The Greater Parramatta region continues to offer comparatively accessible entry points, particularly for buyers open to alternative configurations like studios.

There's an assumption that a first home needs to be a certain size, that anything smaller than a one-bedder is a concession rather than a choice. That assumption doesn't hold up against what well-designed studios in the right location actually offer: immediate liveability, strong urban amenity, and a price point that makes the deposit target realistic rather than theoretical.

At <a href="https://www.apartments.com.au/buildings/mason-main-merrylands-249-259-merrylands-road-merrylands-nsw-2160">Mason &amp; Main</a>, <a href="https://www.apartments.com.au/developers/coronation-property">Coronation Property</a>'s multi-award winning precinct in Merrylands, studio apartments are unlike the typical studio configuration.

Starting from $498,000, the bedroom is fully enclosed, separated from the living area by a cavity sliding door, creating a genuinely private sleeping space that functions more like a one-bedroom apartment than a traditional open-plan studio.

[smartcode_project:default project_id=31751 project_image_fid=359814]

At 42 sqm internally, with an open-plan kitchen, built-in robes, modern bathroom, and separate laundry, the apartments are designed for everyday liveability rather than short-term use.

With a five per cent deposit under the Federal Government's First Home Guarantee, that equates to a deposit of around $24,200, achievable for many first home buyers without the added cost of Lenders Mortgage Insurance.

<h2>Understand the real cost of renting versus buying</h2>

For buyers weighing up the shift from renting to owning, the numbers are closer than many expect.

Here’s how the numbers stack up for a studio at Mason &amp; Main (based on a $498,000 purchase):

<ul>
	<li>Purchase price: $498,000</li>
	<li>Five per cent deposit (First Home Guarantee): ~$24,900</li>
	<li>Loan amount: ~$473,100</li>
	<li>Estimated mortgage repayment (6.29% variable, 30-year term): ~$675–$695/week*</li>
	<li>Estimated rental return: $590–$620/week*</li>
	<li>Rental yield: 6.16% - 6.47%</li>
</ul>

At this level, the gap between renting and owning is relatively narrow, particularly when factoring in long-term equity, with rental returns also making the apartments a viable option for investors.

The rental range reflects current asking rents for remaining studio stock in the development and, based on prevailing asking prices, equates to an indicative gross rental yield of up to 6.47 per cent.

For buyers seeking more internal space, Mason &amp; Main also offers a range of one-bedroom apartments from $629,000, alongside larger one-bedroom plus multipurpose room configurations priced from $680,000 - all priced under $800,000 and eligible for first home buyer incentives.

<ul>
	<li>Purchase price: $629,000</li>
	<li>20 per cent deposit: ~$125,800 (5% deposit on exchange: $31,450)</li>
	<li>Loan amount 80%: ~$503,200</li>
	<li>Estimated mortgage repayment: ~$720–$740/week*</li>
	<li>Estimated rental return: $650–$680/week*</li>
	<li>Rental yield:&nbsp;5.37% - 5.62%</li>
</ul>

One-bedroom apartments continue to present a balanced option for both owner-occupiers and investors, supported by steady rental demand across Western Sydney.&nbsp;

[smartcode_project:default project_id=31751 project_image_fid=359812]

<h2>Make sure you're across the government incentives</h2>

Government incentives continue to play a key role in reducing the upfront cost barrier.

At Mason &amp; Main, studio, one, and two-bedroom apartments are priced under $800,000, allowing eligible buyers to access a full stamp duty exemption under the NSW First Home Buyers Assistance Scheme.

On a $498,000 purchase, that represents a saving of roughly $17,900 that would otherwise need to be paid at settlement.

Combined with the First Home Guarantee, which enables purchases with as little as a five per cent deposit, the total capital required to secure a home is significantly reduced compared to traditional lending pathways.

<h2>No waiting, no uncertainty</h2>

For first home buyers who want to move sooner rather than later, Mason &amp; Main removes one of the more common pain points from the purchase process entirely. The development is already complete and move-in ready, meaning buyers can walk through the apartments, inspect the finishes, and have full certainty about what they're purchasing before signing anything.

Coronation brought in renowned architecture firm <a href="https://www.apartments.com.au/architects/woods-bagot">Woods Bagot</a> to design the development.&nbsp;

"The project's design drew inspiration from the area's rich heritage, in particular the nearby brickworks and aqueduct, infusing a contemporary perspective to seamlessly integrate historical influences into the design," Woods Bagot Principal Dom Alvaro says.

[smartcode_project:default project_id=31751 project_image_fid=736]

<h2>Factor in location and lifestyle</h2>

Beyond the apartment itself, the surrounding infrastructure matters, particularly for a first purchase. Merrylands Station sits 350 metres from the development, putting the Parramatta CBD a five-minute drive away and the Sydney CBD roughly 25 minutes via the Western Line. Directly across the road is Stockland <a href="https://www.apartments.com.au/developments/merrylands-nsw-2160">Merrylands</a>, one of Greater Western Sydney's major retail centres.

At street level, Mason &amp; Main's own retail and dining precinct has more than 30 tenants trading, including Iftar, Macelleria, Hayat, San Churro, Yuzu, and Fat Jaks. Residents also have access to a resort-style pool, a Technogym-equipped gym, private dining rooms, and a rooftop terrace with panoramic views across Parramatta, the Sydney CBD, and the Blue Mountains, all exclusive to the building.

Due to the mix of configurations, including studios which are rarely offered in today's new apartment market, first home buyers and investors have driven Mason &amp; Main to over 90 per cent sold.

Coronation Property Managing Director Joe Nahas says the development is driving a revitalisation of Merrylands, setting a high standard for future developments in the area.

Mason &amp; Main is move-in ready and is the latest in a series of award-winning mixed-use developments by Coronation Property.

Disclaimer: Mortgage repayment figures are estimates only, based on a 6.29 per cent variable rate over a 30-year term (Canstar, April 2026). Pricing and rental estimates are indicative and based on current listings and project information. Gross yield figures are indicative and derived from asking prices and estimated rental ranges. Stamp duty savings are indicative only. Buyers should seek independent financial and legal advice before proceeding.

[smartcode_project_cta:default project_id=31751]

How first home buyers can enter the Sydney property market for under $500k

Australia’s housing debate has rarely been more urgent. The National Housing Supply and Affordability Council forecasts the country could fall around 262,000 homes short of housing needs by 2029, underscoring the scale of the challenge facing planners, governments and developers.

In response, much of the conversation has centred on high-density towers around transport corridors and strategic centres.

Diversified developer Coronation Property, while also focused on well-located, strategic sites, is incorporating an arguably underutilised typology, the terrace.

Difficult to integrate into true high-rise developments, terraces have become a defining feature of Coronation’s lower-rise portfolio, including projects in Ashbury and Erskineville. <a href="https://www.apartments.com.au/buildings/ashbury-terraces-165-171-milton-street-ashbury-nsw-2193">Ashbury Terraces</a> places a stronger emphasis on this housing type, forming part of a broader community mix.

At its Erskineville development, <a href="https://www.apartments.com.au/new-apartments/lillian-erskineville-9-metters-street-erskineville-nsw-2043">Lillian</a>, terraces are more limited, with just a handful&nbsp;included within the wider, predominantly apartment-led precinct, one of the first developments to launch in Erskineville in several years.

[smartcode_project:default project_id=135149 project_image_fid=368392]

Terrace residents at Lillian benefit from many of the same advantages as apartment owners, the lock-up-and-leave lifestyle and access to shared amenities like the rooftop wellness space, but with significantly more space.

Spanning multiple levels, the terraces also feature front and rear courtyards, providing direct access to the central landscaped gardens within the precinct.

<h3 data-end="212" data-section-id="1n97jye" data-start="191">The terrace model</h3>

Terrace housing has long been part of Australia’s urban fabric. From Paddington and Surry Hills to Glebe and Annandale, rows of terrace homes have shaped neighbourhood streets, offering a housing form that sits between detached houses and apartments.

The contemporary terrace, however, addresses many of the limitations of older designs, where narrow staircases and constrained layouts often compromised liveability.

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“Terraces represent one of the city’s most intelligent housing models,” says Joe Nahas, Managing Director of Coronation Property.

“They deliver density without losing the human scale that makes neighbourhoods liveable. In many ways, they provide a bridge between the Sydney we know and the Sydney we need to build. If Sydney is going to grow well, it can’t rely on towers alone.”

<hr data-end="1090" data-start="1087" />
<h3 data-end="1124" data-section-id="1a7l0gw" data-start="1092">The evolution of the terrace</h3>

That thinking has shaped Coronation’s approach at Ashbury Terraces, where the terrace typology has been reinterpreted for modern living.

Designed by SJB, the project recently received recognition at the 2026 Better Future World Design Awards, acknowledging its architectural clarity and response to the surrounding suburban context.

SJB Director Adam Haddow says the intent was to evolve a familiar housing form rather than reinvent it.

“The terrace is one of Sydney’s most familiar housing forms, so our approach at Ashbury was to reinterpret that typology in a contemporary way,” Haddow says.

“The homes are designed to sit comfortably within the existing neighbourhood while introducing more light, landscape and shared spaces that support modern living.”

Ashbury Terraces combines terraces, apartments and penthouses across a series of low-rise buildings, integrating contemporary architecture with landscaped communal spaces and resident amenity.

That same typology is now being carried into Coronation’s Lillian development in Erskineville, where a smaller number of terraces sit within a predominantly apartment-led precinct.

<hr data-end="2269" data-start="2266" />
<h3 data-end="2289" data-section-id="cazuws" data-start="2271">Buyer response</h3>

Coronation’s decision to include terraces at Lillian was informed by strong buyer feedback from Ashbury Terraces, where purchasers were drawn to the flexibility and scale the housing type offers.

One resident, Sweta Pursem, purchased a terrace as a single buyer, citing its long-term versatility.

“As a single buyer, it might seem surprising that I chose a terrace over an apartment, but I was thinking long term,” Pursem says.

“The terraces are incredibly versatile, catering to a range of lifestyles while still offering the space and privacy of a house.”

For Pursem, the multi-level layout provides a level of functionality not typically found in apartment living.

“Having a separate living area from the bedroom and home office makes everyday living feel both functional and comfortable. When friends and family come to visit, the layout gives a sense of privacy while still feeling open and spacious.”

Her terrace also supports a more connected, lifestyle-driven way of living.

“I love entertaining, and the courtyard is ideal for relaxed weekend drinks with friends. I tend to use each level differently throughout the day, it creates a natural rhythm between work, downtime and entertaining, which I didn’t have in apartment living.”

Ashbury Terraces is now complete and ready to move in, while Lillian in Erskineville is under construction and expected to welcome residents in mid-2027.

Coronation champions terraces as a key piece of Sydney’s housing mix

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?

When it comes to urban living with a relaxed attitude, Chevron Island’s village is the place to be.&nbsp;

Uniquely located between the suburbs of Surfers Paradise and Bundall but separated by the waters of the Nerang River, Chevron’s charm comes through its connection to the surrounding suburbs whilst still seeming worlds away.

And now, a new luxury tower is set to take centre stage in the sought after suburb with Aniko's Orama.

[smartcode_project:default project_id=111898 project_image_fid=209595]

Orama, which means "vision" in Ancient Greek, is a 21-storey tower that will offer 102 luxury residences. The development's unparalleled location next to the water and just a few steps away from the heart of the Gold Coast – Surfers Paradise – gives residents not only unparalelled views but also a remarkable amount of privacy.

Despite its proximity to Surfers Paradise, Chevron Island is a quiet residential suburb that's perfect for people who want to live near the beach without the noise and crowds of a busy tourist destination.

And with the newly developed Green Bridge linking residents to Surfers Paradise, Chevron Island is also a key extension of the Arts and Culture Precinct, headquartered at the famed Home of The Art (HOTA).

Orama residents will be able to enjoy a host of fine dining restaurants, eateries, and cafes just a short stroll away. Places like Fu Manchu Oriental, Bottega Italian Restaurant, and Palette Restaurant offer a range of dining options for discerning palates.

[smartcode_project:default project_id=111898 project_image_fid=209597]

Located at 12-16 Weemala Street, Orama sits just off from the main drag of Chevron Island, with Thomas Drive featuring a crop of boutique retailers amongst the offerings as well as the Colin Sweeny Art Gallery, Chevron Island’s fishing platform and Chevron’s Rowing Club also sitting amongst the wealth of amenity surrounding the residences.

Other nearby destinations for shopping, dining, and world-class entertainment include Pacific Fair Shopping Centre, Capri on Via Roma, and The Star Casino.

And with easy access to public transport, major shopping centres, and entertainment venues, Chevron Island is a central location that's perfect for busy urbanites.

Chevron Island is also only a short walk from some of the Gold Coast's most popular beaches, such as Surfers Paradise Beach, Broadbeach, and Burleigh Heads. This makes it the perfect location for those who want to enjoy the sun, sand, and surf without having to travel far from home.

[smartcode_project_cta:default project_id=111898]

Despite its proximity to Surfers Paradise, Chevron Island is a quiet residential suburb that's perfect for people who want to live near the beach without the noise and crowds of a busy tourist destination

Why the village vibe of Chevron Island is drawing attention

Despite persistent labour shortages and price volatility in materials such as timber and metal, there are indications that the pressure on construction costs is beginning to ease.

According to the Cordell Construction Cost Index (CCCI) by CoreLogic, which tracks the cost to build a typical new home, the growth rate for the first three months of 2023 was 0.9 per cent, a level not seen since March 2021.

The quarterly growth rate was less than half the Q4 2022 figure of 1.9 per cent, and there was a significant slowdown compared to the September quarter results of 4.7 per cent.

The annual growth rate of 10.2 per cent eased back from an index high of 11.9 per cent recorded in the 12 months to December 2022, which was the largest annual increase on record, excluding the period impacted by the introduction of the GST.

The news will be welcomed for the many developers set to undertake projects across the state, including&nbsp;Consolidated Properties Group who recently launched their Toowong project Monarch Residences as well as Sekisui Australia who are currently underway with their West End project, West Village.&nbsp;

[smartcode_project:default project_id=113455 project_image_fid=211490]

Although the growth in construction costs is easing, the annual rate of change remains 2.8 times higher than the pre-COVID five-year average of 3.6 per cent. Queensland had the highest quarterly and annual growth changes of 1.2 per cent and 11.6 per cent, respectively.

CEO of Gold Coast based Orchard Property Group, Ted Cronin, said the easing of construction costs is welcome news for the housing industry, which has been struggling to keep up with demand due to high costs and supply chain issues.

“Construction costs are finally showing signs of easing after two years of consistent increases, which is extremely positive news for both homeowners and builders.” said Cronin.

[smartcode_project:default project_id=114215 project_image_fid=210749]

“This is a great development for the industry, as we've seen many builders and contractors struggle with rising costs over the past few years.

“We faced significant supply and resource constraints on the delivery of subdivisions compounded by timber shortages for builders, and that led to a lot of frustration for all of us, including buyers.”

The annual growth rate of 10.2 per cent eased back from an index high of 11.9 per cent recorded in the 12 months to December 2022

Construction costs set to ease?

Aria Property Group have come a long way since their first multi-residential development on the Sunshine Coast in the early 2000’s.

While they're currently creating some of the best apartment developments in Brisbane, in both sustainability and design, the path Aria and its senior management has taken over the last two decades wasn't a particularly well-trodden one.

I recently caught up with Aria's longtime Development Director Brent Liddell, who was a founding member of Aria alongside fellow Development Director Michael Hurley, Managing Director Tim Forrester, and Chief Financial Officer David Marsland.

The trio all went to school with each other on the Sunshine Coast.

"Tim and I have never not worked together," Liddell says, having worked with Tim's dad in the first holidays out of school.

Tim's dad was property developer Rod Forrester, who co-founded the previously ASX-listed developer FKP Limited. They at one time was the biggest owner and operator of retirement villages in Australia and New Zealand.

Liddell said the experience they got at such a young age from Rod and senior figures in the development industry was invaluable.&nbsp;

And while they spent the first six or seven years developing residential and industrial and even subdivision, everywhere from Ipswich and Caboolture and even the USA, Liddell says they learnt the hard way as they never became the master of anything.

"We call those the apprenticeship years," Liddell says.

The aforementioned "apprenticeship years" however came to an abrupt halt when the GFC hit Australia. It was then when Aria narrowed their focus just to Brisbane, and just to apartments.

Having grown up on the Sunshine Coast, their self-confessed lack of knowledge of Brisbane somewhat worked in their favour.

"We just sort of ended up here, but we never really understood the difference between north and south Brisbane as none of us were from there," Liddell recalls.

"South Brisbane had the art gallery's, Southbank, and all the transport infrastructure in place, but the prices were half the price of Fortitude Valley and New Farm. It never made any sense to us."

So Aria went on a spending spree in the early 2000's, and as the business grew, they decided to shift their focus primarily to Brisbane's inner south and create mixed-use project, and dispose of the rest.

They stake claim to the first completed project in Brisbane post the GFC in 2010, and haven't looked back. Since then they've&nbsp;ventured into the Gabba, Kangaroo Point, and East Brisbane.

Much like the GFC but not quite as challenging for Aria, the team were afforded a similar pause for breathe where they reviewed their next steps. And that next step was sustainability.

"Among the three of us we have something called BHAGs, Big Hairy Audacious Goals," Liddell says.

"We said: 'why not go on this quest for our fifth pillar of our developments as sustainability.'"

Aria had played with a few things over the years, trying out solar panels on the roof of projects, rain water harvesting and smart irrigation, double glazing, timers and sensors through our common areas, green walls and or extensive landscaping in every building.

"We knew we wouldn't see a huge return, but we also knew it was the right thing to be doing in the projects."

<div>Their first cab off the rank with the new sustainability lens was Riviere in Kangaroo Point, which is due for completion in July.</div>

<div><img alt="Riviere Kangaroo Point" data-entity-type="file" data-entity-uuid="4b211da5-90ef-407f-9955-005ffdafeb85" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-04-21%20at%201.59.03%20pm.png?VersionId=XuaQfQVikK4LqAfRlDISipgLQYTVJSme" />A render of the rooftop from Riviera. Image supplied</div>

<div>&nbsp;</div>

<div>"It's as much as we've done on any project," Liddell suggests.</div>

<div>&nbsp;</div>

<div>The whole roof is covered with solar. Energy harvested during the day is used through a battery at night. The lobbies are cross-ventilated, and each apartments features an innovative front door. Sitting in front of a regular front door is a mesh-like lockable door which allows breezes to come through the lobby and into the apartment.</div>

<div>&nbsp;</div>

<div>There's 124 apartments across the 12-level building at 480 Main Street, as well as 2,150 sqm of residential amenity. Part of their sustainability initiatives, Aria disclose on every project how many trees and plants they use as part of the development to both reduce carbon emissions and bring more green to apartment living. Riviere utilised over 8,000. Aria projects will have over 100,000 plants and trees by 2032.</div>

<div>&nbsp;</div>

<div>There's also Trellis, which is expected to be wrapped up mid this year. That has a facade which fully opens up, an interpretation of the modern Queenslander with a big verandah. Aria is hoping to offset 100 per cent of the electricity with solar at Trellis.</div>

<div>&nbsp;</div>

<div>[smartcode_project:default project_id=108278 project_image_fid=173592]</div>

<div>&nbsp;</div>

<div>Construction timelines are around the same for Upper House, which will be a striking addition to the city skyline due to the "birds nest" roof.</div>

<div>&nbsp;</div>

<div>The striking timber ribbons have been hoisted up to the top of the tower. They were made by a woodworker from Italy who came over to Australia for three months to install the ribbons.</div>

<div>&nbsp;</div>

<div><img alt="Upper House Aria" data-entity-type="file" data-entity-uuid="410ede19-e079-4962-af1b-5db533d1239a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-04-21%20at%202.00.58%20pm.png?VersionId=kGJyXxURXWMSPCzPwYeKLoHiZoUdAauA" />A render of the rooftop at Upper House Image supplied</div>

<div>&nbsp;</div>

<div>Their most recent project is Canopy House. It had all the sustainability overlays too, sold extremely strongly at the end of last year and is now under construction.</div>

<div>&nbsp;</div>

<div>They'll be launching the second stage of TreeHouse in the next few months, called Casamia, having secured the neighbouring site since selling out the initial Jane Street tower.</div>

<div>&nbsp;</div>

<div>Aria has also just filed an application for a <a href="/news/qld/first-look-exclusive-aria-lodge-plans-for-curved-south-brisbane-tower">curved 30-level tower on Cordelia Street</a>, just up the road from their Fish Lane Precinct where they developed the award-winning project, The Standard.</div>

I recently caught up with Aria's longtime Development Director Brent Liddell, who was a founding member of Aria alongside Managing Director Tim Forrester and Chief Financial Officer David Marsland

How Aria have honed their craft over the last two decades

Southport has long topped the list for first home buyers on the Gold Coast due to its relative affordability compared to its neighbouring Main Beach.

Boutique developer Busikon is tapping into the entry-level market with a twist, with sub-$500,000 apartments at their Waverley Residences project designed by renowned architect Rothelowman, who have designed some of the country's best buildings.

The Waverley Residences offer 60 one, two and three-bedroom apartments across its eight levels.

[smartcode_project:default project_id=106723 project_image_fid=170910]

The apartments are fitted with modern fixtures and fittings, including 100 per cent wool carpet throughout, handpicked ceramic and porcelain wall tiles in the bathrooms, composite timber flooring across living and dining spaces, and a reconstituted stone island bench in the kitchen.

High-quality appliances have been incorporated throughout, including ceramic cooktops, dishwashers, ovens and rangehoods.&nbsp;

The apartments are also equipped with separate enclosed laundry areas, large window panels that allow plenty of natural light in, built-in feature shelves and plenty of storage space.

[smartcode_project:default project_id=106723 project_image_fid=170911]

Situated in one of the Gold Coast's most sought-after suburbs, residents will have easy access to public transportation, shopping centres, restaurants and cafes.

There's a range of two-bedroom apartments still remaining, with prices starting from&nbsp;$498,000.&nbsp;

Spanning from 93 sqm to 106 sqm, each includes a study space, along with two-bathrooms and one car space.&nbsp;

[smartcode_project_cta:default project_id=106723]

The Waverley Residences offer 60 one, two and three-bedroom apartments across its eight levels

The Waverley Residences: Rothelowman-designed Southport apartments attracting first home buyers

There were 22 designs penned by Plus Architecture when they were designing Bassar Group's second Broadbeach tower.

The result for Eternity, Plus Director Danny Juric says, is a "sophisticated, grounded building, with a strong, solid, yet delicate base."

The building's slender design, inspired by the interwoven elements that provide strength in nature, will rise 35-storeys at 14-18 Mary Avenue and home 88 apartments, just steps from the beach.

“One must appreciate what a unique landholding this is,” Juric says.

“While you are not on absolute beachfront, the oval in front creates conditions that give the sense that you are, while offering views that will never be built out.”

[smartcode_project:default project_id=108356 project_image_fid=208982]

Centred around the concept of ‘reaching for the sky’, Juric said height was of critical importance when creating what has culminated in a slender, sculpted design, intended to be as aesthetically pleasing to those viewing it from the street as it is to those who will be living in it.

Surrounded by landscaping and tropical foliage, steel legs intertwine, almost like a basket weave, to form an exoskeleton that draws the eye up to the sky and invites people to form a connection with the building.

Bassar identified a gap in the market for spacious oceanside residences, with the three and four-bedroom apartments set to range in size from 189 sqm through to 214 sqm, while the half-floor four-bedroom skyhomes on the upper levels will boast an expansive 300 sqm of living space.&nbsp;

[smartcode_project:default project_id=108356 project_image_fid=209198]

Two four-bedroom penthouse suites will crown the tower, delivering just under 600 sqm of space across two levels. They'll feature four-and-a-half bathrooms as well as three car spaces and a rooftop terrace complete with a plunge pool.&nbsp;

One thing buyers in Eternity can be assured of is that while the apartments offer different aspects, all of them are of equal standing, which Juric said was the one thing that was non-negotiable in the building’s design.

“There are no B-grade apartments in Eternity," Juric adds.

"They have been configured to be only three per floor, so one takes up all the north side of the building, one the south, and the one in the middle, which you would imagine would be the B-grade, is actually much wider than the others and has an enormous frontage.

“It could be considered the pick of the bunch, depending on what view you prefer.”

[smartcode_project:default project_id=108356 project_image_fid=208984]

Plus took on a coastal colour scheme for the design of the apartments, which reflects the laidback luxury on offer at Eternity. Quality finishes including marble stone benchtops have been incorporated, along with engineered timber flooring, timber veneer cabinetry, 100 per cent wool carpet and Miele appliances.&nbsp;

A host of open-air amenities are set for Eternity, including a wellness centre, pool and wet deck, yoga lawn, gym, residents' lounge and barbecue facilities, which will be elevated above the ground level providing ocean vistas, framed by the foliage of pine trees.&nbsp;

Tropical landscaping and extensive perimeter planting will tie the tower into the sub-tropical lifestyle the Goldie is known for, creating an inviting arrival experience for anyone who enters Eternity.&nbsp;

“Landscaping plays an integral part of the building’s design,” Juric said.

“Imagine the feeling you get when you walk through a rainforest – it’s high oxygen and elevates the spirit, yet you are protected. That’s what we wanted to achieve on the amenity levels of Eternity.”

Bassars' Leo Sarris said they want people to feel a connection to nature the moment they enter Eternity.&nbsp;

“We want people to feel that connection to nature from the moment they step inside the grounds, from the comfort of their living spaces, and from their balconies facing the ocean,” he said.&nbsp;

“Even though Broadbeach is an inner-city suburb, you have this wonderful foreshore and the beach right there on the doorstep.”

[smartcode_project:default project_id=108356 project_image_fid=208983]

The tower will offer four levels of basement parking, with 177 car spaces planned. There's also keyless FOB entry into the apartments, along with an intercom system, security cameras and an on-site caretaker.&nbsp;

Boasting a prime position along the coast will put residents near to everything Broadbeach and the greater Gold Coast community has to offer, with the Pacific Fair Shopping Centre located just 400 metres away, and a plethora of cafes and restaurants only 300 metres along Surf Parade.

Hutchinson Builders have been tasked with constructing the project, which is slated for completion by early 2026.&nbsp;

[smartcode_project_cta:default project_id=108356]

Bassars' Leo Sarris said they want people to feel a connection to nature the moment they enter Eternity

How Plus Architecture designed Bassar's Broadbeach apartment tower, Eternity 

A new boutique apartment building is set to make its mark on New Farm, thanks to a joint venture between Frank Developments and Signature Property Partners.

Frank Developments, who are soon to launch the luxury MIRA tower on the Gold Coast's Garfield Terrace, is ran by developer Frank Licastro, while Signature Property is headed by Frank's cousin Joe.

The duo will no doubt hope to see similar success of one of Frank's first multi-res projects, Maison, which saw stellar off the plan sales, and then resales, following its completion.

They're seeking to develop just off the water at 121 Oxlade Drive. The four-level building will home just 10 apartments.

There will be seven two and three-bedroom units, and three four-bedroom penthouses.

The architects behind the design, BYculprit, say that the development will blend the legacy of Brisbane architecture with the movement and energy of the Brisbane River.

The external façade will feature natural tones, textured render, vertical balustrades and reflective glass windows, which are all inspired by the colours and textures of the river and the surrounding area.

<img alt="Aerial image of where the New Farm development will be located" data-entity-type="file" data-entity-uuid="39b8ff27-f388-40bf-bad9-51e50a922f44" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-04-21%20at%202.09.58%20pm.png?VersionId=PPT1sOoPIo5Iw8JdOYgXgBSdaAjYrPFn" />Aerial image of where the New Farm development will be located.

"The soft and fluid facade is linked to the Brisbane River and mimicking the ebb and flow of water. Contouring of the building form create a dynamic facade that create light and shadow and responds to the passage of time," BYculprit noted in their design statement.&nbsp;

The building will be a nod to the traditional Queenslander house, with cascading and wrapping landscape and fine-grain lattice works forming the facade screens. The materials, finishes, and landscaping are simple yet elegant, creating a dynamic facade that plays with light and shadow throughout the day.

An abundance of landscape within the project becomes a defining feature as it wraps each balcony and roof terrace along both Oxlade Drive and Sargent Street that adds natural layout of colour and texture

Inside the apartments, living areas and bedrooms will be directed towards the natural light, pulling in daylight from the north east and the south east. The upper units will feature a central light atrium along the staircase, drawing in natural daylight and exuding an indoor-outdoor experience.

The ground floor apartments surround themselves with large private yards that encourage outdoor entertaining and recreational use directly from the living areas, while the&nbsp;apartments are all fronted with generous sized balconies extending the living areas and bedrooms to these spaces.

The building orientation will channel prevailing breezes off the river, with large sliding doors and operable windows promoting natural cross ventilation throughout.

Crowning the development will be a rooftop terrace with a pool, offering sweeping views of the city skyline and the nearby river.

[smartcode_project_cta:default project_id=139711]

The duo will no doubt hope to see similar success of one of Frank's first multi-res projects, Maison, which saw record-breaking sales and resales following its completion

Licastro cousins team up for boutique New Farm apartments

Aria Property Group is set to continue its development in South Brisbane, lodging plans for a glass-swathed apartment tower.

Aria, who completed the&nbsp;award winning project The Standard and the Fish Lane Precinct down the road on Cordelia Street, have had world renowned architect Woods Bagot put together the plans for the 30-level tower.

There will be 256 apartments on offer, a mix of one, two, three and four-bedroom apartments, including a handful of penthouses.

True to Aria's focus on extensive rooftop amenity, the new tower will also feature a&nbsp;rooftop pool and&nbsp;sky terrace, various amenity rooms, and dining and lounging areas.

The 2023 UDIA National award-winning developer drew inspiration from the circular motif of its sister tower, The Standard, creating a proportioned form with a three storey crown rising above.

<img alt="Aria South Brisbane" data-entity-type="file" data-entity-uuid="878e5ef0-d7d2-434d-a7e0-f44c0667976f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-04-21%20at%2011.38.39%20am.png?VersionId=_6eyrMGgPf.r6.7kgvCkFhdcTs7y0cMz" />

In the Architectural Report submitted to the Brisbane City Council, Woods Bagot highlighted three key ideas upon which the designs for the Cordelia Street tower was based on:

1. The tower, podium and ground level are clearly expressed, with considerations of proportion to its scale and context. The height of the podium is complementary to the neighbouring developments. 

2. The tower volume is articulated as a series of cylindrical forms, to create an expression of verticality and slenderness in the tower The circular motif presents a striking counterpoint to the immediate urban context. 

3. The verticality of the tower is further enhanced by extending the tower volumes to different heights, creating a feature 'crown': a recognisable feature on the South Brisbane skyline.

The new project will continue Aria Property’s streak of green walls, sleeving the building’s podium façade, with brick finishes throughout the ground plane referencing South Brisbane’s rich character and heritage.

Throughout the lobby, an array of work-from-home spaces and private offices will be available for residents, along with lush landscaping and outdoor seating and lounging areas.

Aria Property Development Manager Michael Hurley said the project has been designed to fit in with the existing style and feel of the surrounding streetscapes, including Fish Lane which Aria Property has helped revitalise and re-develop along with Brisbane City Council since 2014.

"Our vision was to continue to support and invest in the area, building on our long-term relationships and establishing new connections within the community. We're excited to contribute to its future growth and opportunities,” Hurley said.

Aria have had world renowned architect Woods Bagot put together the plans for the 30-level tower.



First look exclusive: Aria lodge plans for curved South Brisbane tower

After undertaking over $500 million worth of projects since 2018, the Southport-based Aniko Group has become&nbsp;the only Gold Coast builder to be ranked among The BCI Construction League’s top 30 construction companies nationally for 2022.

Aniko Group, founded and led by George Mastrocostas who has more than 20 years experience in the development industry, has debuted on the BCI list at number 27.

The company was one of only a handful of Queensland builders and the only Gold Coast builder to be ranked in the list. It was also one of the few integrated development groups to make the top 30 behind the likes of Lendlease and Mirvac.

The BCI Construction League lists the nation’s top 50 builders, including developer-builders, and ranks them by the total value of projects they have commenced construction in any given year.

The BCI Construction League lists just three projects for Aniko Group in 2022, which is the lowest number of project starts of any company in the top 30.

The three projects have a total end value of $318 million, making the average value of each project $106 million, and on this metric Aniko Group is positioned at number eight among the nation’s top 50 builders.

Mastrocostas says the debut ranking in the BCI Construction League is among the many achievements by Aniko Group since he founded the company five years ago. Aniko Group is widely acknowledged for singlehandedly changing the face of Hope Island through a series of sold-out luxury apartment projects, including its latest, the $150 million Athena Quays.

[smartcode_project:default project_id=109922 project_image_fid=207989]

“We’re especially proud to be among the few fully integrated developers and builders to be included in the BCI list,” Mastrocostas said.

“The ranking sets our company apart from our competitors amid the challenges faced by the construction industry. We are very proud of what we have achieved to date and for the plans we have in train to meet continued demand for new residences on the Gold Coast.”

Aniko Group is bringing forward construction of its $120 million Orama high-rise development at Chevron Island, after achieving an <a href="/news/qld/aniko-approach-50-sold-at-orama-chevron-island-apartments">unprecedented level of pre-sales</a>.

[smartcode_project:default project_id=111898 project_image_fid=209596]

The company is also finalising designs for a <a href="/news/qld/aniko-lodge-plans-for-1-5-billion-mermaid-beach-development">landmark $1.5 billion four-tower development</a> on a long-vacant site at Mermaid Beach. The mixed-use development will deliver a range of residential, commercial, hotel and dining facilities to the waterfront site which is located next to the entrance of Pacific Fair shopping centre.

Mastrocostas said the strength of Aniko Group’s workbook is founded through the combination of innovative projects and its capabilities to deliver on its vision through its dedicated construction division.

“Being both builder and developer provides us with greater control over the construction process and gives us the flexibility to pursue opportunities that minimise the risk for buyers.

"Buyers in the current market are looking for certainty and our integrated model delivers this, which is why we have so many repeat customers across our portfolio.”

The company was one of only a handful of Queensland builders and the only Gold Coast builder to be ranked in the list



Aniko Group ranked among nation's top builders

ASX-listed developer Mirvac has commenced construction on its latest signature Brisbane apartment building, the $212 million Isle Waterfront Newstead, which will create a lush new green heart of more than 10,000 plants and additional public parkland in the riverside suburb.

Isle is the third apartment building Mirvac has underway at its $1 billion Waterfront Newstead community, joining the 25-level Quay and the build-to-rent development LIV Anura, which is being delivered in partnership with the Queensland Government.

Across the three projects, Mirvac is delivering more than 650 apartments just two kilometres from the Brisbane CBD, with over half to be build-to-rent apartments.

[smartcode_project:default project_id=109822 project_image_fid=204186]

A total of 78 per cent of the 133 apartments have been sold off the plan at Isle since its release in July 2022, including all four ultra-luxury penthouses. Sales have ranged from $540,000 to $6.25 million.

Over 30 per cent of buyers are from direct surrounding suburbs Newstead, New Farm and Teneriffe, and more than two thirds plan to own and occupy.

Mirvac Group General Manager, Residential Development QLD Warwick Bible said the strong sales response to Isle reinforced Mirvac’s ongoing confidence in the resilient Brisbane apartment market and its legacy Waterfront Newstead community, which Mirvac has been developing for more than two decades.

“With Isle under construction, we now have more than $675 million in projects underway at Waterfront Newstead – it’s a very significant investment and a clear demonstration of our confidence in this city and this precinct’s unparalleled location by the Brisbane River,” he said.

"Across Isle, Quay and LIV Anura, we're delivering a diversity of new housing, including our luxury riverside residences and our 396 build-to-rent apartments, of which 25 per cent will be subsidised by the State Government as key worker affordable housing.

“We’ve built an incredible 20-plus year history of urban renewal in Newstead, from our Mariner’s Reach redevelopment of the former P&amp;O Wharf to our Cutters Landing refurbishment of the CSR sugar refinery, both catalysts for the significant revitalisation of the area that paved the way for the first stages of Waterfront Newstead, Pier, Park and Unison.

[smartcode_project:default project_id=109822 project_image_fid=204187]

“We’re seeing the Brisbane market performing well, underpinned by strong fundamentals with ongoing population growth, the return of immigration, tight vacancy, robust rental growth and restricted future supply outlook plus employment opportunities and major public and private investment ahead of the 2032 Olympics, and we are committed to continuing to be part of that legacy.”

Isle, located at 57 Skyring Terrace in Newstead has been designed by award winning Mirvac Design to align with Brisbane City Council’s ‘Buildings that Breathe’ principles, aimed at creating lush urban environments through sub-tropical architecture that reflects the city’s climate, opens to cooling breezes, features living greenery and provides shade and comfort.

The 25-level Isle will feature a suite of amenities to enhance residents’ wellbeing and highlight Brisbane’s natural assets, from the ground-floor leafy gardens featuring local flora to the rooftop Isle resort, boasting an infinity-edge pool and floating sunbeds that overlook picturesque river, park and city views, wellness centre, dining room, sunset cocktail bar and yoga lawn. A business centre and gym, located on level two, and a concierge service are also available for use by all residents.

"Isle will be efficient, resilient and sustainable, with its significant sub-tropical planting, solar panels to power communal electrical, efficient water fittings, EV car charging and the minimisation of construction waste among the many green initiatives being implemented," Bible added.

[smartcode_project:default project_id=109822 project_image_fid=204182]

Over 5,570 sqm, equating to more than 50 per cent of the site for Isle and sister building Quay Waterfront Newstead, will be available to the community as green open space, including parkland, shaded seating, water features and public art. Quay is also under construction, having been 100% pre- sold and will feature another 9,000-plus plants.

Mirvac’s $197 million Quay, which sold out in just seven months, and $270 million build-to-rent Queensland debut LIV Anura, are both anticipated for completion in 2024. Isle is anticipated to be completed in late 2025.

Mirvac is also constructing its $135 million Charlton House at Ascot Green, alongside Brisbane’s historic Eagle Farm Racecourse, with completion on track for mid-2024.

[smartcode_project_cta:default project_id=109822]

Mirvac commence construction on Isle Waterfront Newstead apartments 

Billionaire Harry Triguboff's Meriton is continuing its rapid expansion across the heart of the Gold Coast.

They're set to add another 1,000 apartments to the Surfers Paradise skyline, lodging&nbsp;plans for their fourth, fifth and six towers in the heart of the tourist district in recent years.

It will be Triguboff's 21st high-rise development on the Gold Coast, having first visited the now thriving tourist mecca six decades ago.

“I have loved the Gold Coast since my first visit in the 1960’s, and after all my travels internationally, I still believe the Surfers Paradise beachfront is one of the best in the world," Triguboff says.

“I have been very passionate about designing and delivering buildings that are in tune with the ocean and the golden beach that is just metres away.”

Following on from Ocean and the two-tower Iconica both on The Esplanade, Meriton will add a further three towers in their new development Cypress, at&nbsp;3346 Surfers Paradise Boulevarde, on&nbsp;top of the Cypress Ave G-Link light rail.

The nine site, 8083 sqm amalgamation spreads across Surfers Paradise Boulevarde, Palm Avenue, and Cypress Avenue, the latter which inspired the project name.

Cypress will sit one street away from Gurner's DA-approved LA Pelago and two streets from SPG's DA-approved Paradiso Place.

<img alt="Cypress" data-entity-type="file" data-entity-uuid="e9b89d99-c173-489d-9e44-ca0b8182f957" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-04-20%20at%204.04.11%20pm_0.png?VersionId=5jsv8prADyG49yqZ6VMF19wZ.uNJ96D7" />

Triguboff says, recalling on some of his earliest developments, that he didn't think he'd ever be able to purchase a site like this one.

“Meriton’s first Gold Coast towers were Florida in Surfers Paradise and the Nelson at Paradise Waters at the start of the 1980’s, almost 40 years ago," Mr. Triguboff says.

"Xanadu in the late 1990’s and Pacific Views in 2002 on the western side of Main Beach Parade that overlooked the Pacific Ocean continued our high-rise love affair with the Gold Coast.

"Little did I know that one day I would have the opportunity to purchase a site that is so dear to me, arguably the most central land in Surfers Paradise and design a trilogy of the country’s tallest towers."

There will be 994 apartments across the 73 and 80-level towers. The smaller 53-level tower will home 327 serviced apartments. Each of the three towers feature a rooftop garden with a pool and a gym space.

Meriton had DBI, who designed their Iconica project nearby, have taken the architectural reigns for Cypress.

They said in their design statement submitted to the Gold Coast City Council that the design of the three towers aims to create a bold and iconic presence as a gateway site to the Gold Coast CBD, while incorporating subtropical principles and street activation.

"The integration of the design elements creates a unique and vibrant addition to the Surfers Paradise skyline, creating a landmark destination for both residents and visitors," the local architecture firm noted.

"The towers are designed to maximize the potential of the site, with careful consideration given to the orientation, views and access to natural light and ventilation."

<img alt="Meriton Cypress" data-entity-type="file" data-entity-uuid="9eaf9adc-9405-4185-94c9-c013c4d3a57b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-04-20%20at%204.13.33%20pm.png?VersionId=b2HAs.i6LO4m6HqFJYvWZfjsjY9oRBJw" />

DBI said one&nbsp;of the key design features of the towers is the slab projection facing the streets, which creates a strong visual connection with the surrounding urban fabric.

"This design element not only provides shading and environmental control to the towers but also creates a sense of scale and texture, breaking down the massing of the towers and providing a human scale to the development."

"A golden spine acts as a unifying&nbsp;element that ties the towers together, providing a strong visual presence on the skyline. The spine is also designed to provide shading and environmental control to the towers, while also serving as a sculptural element that adds to the overall aesthetic and elegance of the development."

The five-level podium engages with the street level and will feature a mix of retail, dining, and entertainment spaces.

There's an elevated pool on level six, designed in a lagoon style to take advantage of the subtropical climate.&nbsp;

<img alt="Meriton Cypress" data-entity-type="file" data-entity-uuid="98ddf66c-a213-4ad9-82de-b510b9722c55" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-04-20%20at%204.13.41%20pm.png?VersionId=H.7MZ8g2O45FNyMwQjYtbdB4TkNNfU7m" />

"The sculptural elements of the podium create a cohesive design language throughout the development, adding to its elegance and sophistication," DBI added.

"The towers are deeply rooted in subtropical principles, with careful consideration given to sun and wind orientation, thermal mass, natural ventilation, and shading. The towers are designed to provide a comfortable and sustainable living environment for residents and guests while minimizing their environmental impact."

Meriton have long had a reputation as one of the most prominent developers across New South Wales. Their most recent developments near the Glitter Strip have been Ocean by Meriton at 84 The Esplanade, a soaring 76-level tower with 722 apartments. That's now 85 per cent sold, with just 40 apartments remaining in the completed project.

Down the road they more recently launched ICONICA by Meriton, a further 637 apartments across two&nbsp;50 and 70-levels at 152 The Esplanade. Works recently began on the prime site opposite the beach.

They've just lodged plans for their fourth, fifth and six towers in Surfers Paradise, part of a three-tower development at 3346 Surfers Paradise Boulevarde.

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