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?

Architect-cum developer Joe Adsett's luxury Gold Coast apartment project, Rockpool Rainbow Bay, is starting its construction.

Southeast Queensland building firm Tomkins Commercial has started earthworks on the prime site at 154-156 Marine Parade, which will offer never-to-be-built-out views to Rainbow Bay and Snapper Rocks.

The $100 million project will comprise 21 high-end apartments

Adsett's design ethos was to deliver a "sub-tropical modernist architectural approach to beachfront apartment living."

80 per cent of apartments in Rockpool are already accounted for.

<a href="/news/qld/tower-reveal-architect-joe-adsett-officially-lodges-plans-for-rainbow-bay-tower-rockpool">Read more:&nbsp;Tower reveal: Architect Joe Adsett officially lodges plans for Rainbow Bay tower Rockpool</a>

[smartcode_project:default project_id=94018 project_image_fid=169982]

“I am pleased to announce that Rockpool is well and truly underway, and we look forward to seeing our vision come to life,” Adsett says.

“Tomkins have been one of Queensland’s leading construction companies for over 70 years and they are well equipped to ensure the delivery of the project.”

In recent years the southern tip of the Gold Coast has undergone a significant urban renewal and gentrification, spearheaded by high demand and limited development sites available.

Three full-floor penthouses have just been released to the market through Pezet Matheson.

[smartcode_project:default project_id=94018 project_image_fid=212061]

“Now that the project is under construction and we have reached 80 per cent sold, we will be launching the hotly anticipated Rockpool penthouse collection,” Adsett says.

Offering from 520 sqm of luxury living, the jewel in the crown penthouse collection features five bedrooms, five and a half bathrooms, three living areas, four garaged car parks, a private wine cellar, fireplace, and uninterrupted ocean views, never to be built out.

A mix of three, four and five-bedroom floorplans will be on offer in Rockpool, with sizes ranging from 245 sqm through to 512 sqm.&nbsp;

<a href="/news/qld/joe-adsetts-rockpool-rainbow-bay-apartments-get-green-light-after-unbelievable-buyer-interest">Read more: Joe Adsett's Rockpool Rainbow Bay apartments get green light after "unbelievable" buyer interest</a>

[smartcode_project:default project_id=94018 project_image_fid=212060]

The exclusive resident amenity includes a private heated lap pool, sauna, gym, beach lockers, and private office space.

Rockpool has secured funding by ANZ with the tower expected to come out of the ground this year.

It's the fourth major funding facility provided by ANZ to the architect-developer in the luxury residential space. ANZ partnered with Joe Adsett and Tomkins to deliver Botanic in New Farm.

[smartcode_project_cta:default project_id=94018]

The $100 million project will comprise 21 high-end apartments all with ocean views over Rainbow Bay and Snapper Rocks

Construction commences at Joe Adsett's Rockpool Rainbow Bay

Amalgamated Property Group has fast kicked off construction of its latest apartment development, Amaya, their $160 million tower in Broadbeach.

The project, which is a joint venture between APG and Base Developments is now on track for completion in late 2024. Gold Coast Builders GCB Constructions kicked off the earthworks in December, and started the foundation work in January.&nbsp;

More than 40 per cent of the 120 apartments have sold at Amaya, which will rise on a prime 1214 sqm site at 30 First Avenue on the quiet northern end of Broadbeach.

Nicholas Clydsdale, Senior Director of CBRE Residential Projects, said the combined strength of APG and Base Developments and their ability to commence projects without financial restrictions imposed by lenders, positions Amaya as a rare gem in the current market where buyers are seeking certainty.

[smartcode_project:default project_id=111866 project_image_fid=203516]

“We are seeing a flight to quality in the market and the top priority for apartment buyers at present is certainty of delivery and product quality,” Clydsdale says.

“Both APG and Base have an enviable reputation for project delivery that underpins the success of the many projects they have undertaken on the Gold Coast and nationally.

“The strong financial backbone of these companies has enabled the project partners to progress construction without delay, well before sales targets have been achieved. Our team is anticipating sales will accelerate as Amaya starts to come out of the ground."

Amaya, which is located just 300 metres from the beachfront, will deliver a premier residential address comprising generous floorplans and high functionality to suit downsizers, allowing them to take full advantage of the idyllic coastal lifestyle Broadbeach offers.

Designed by Gold Coast architecture firm DBI Design, Amaya presents a collection of two and three-bedroom residences featuring floor-to-ceiling windows to take advantage of coastal and hinterland views, as well as large balconies, contemporary yet timeless interiors and materials with high-end fixtures to complement a modern lifestyle.

[smartcode_project:default project_id=111866 project_image_fid=205113]

Amaya’s two-bedroom apartments are priced from $935,000 and offer around 100 sqm of living space, while three-bedroom layouts will offer generous living areas of nearly 150 sqm.

A limited collection of half-floor apartments have just been released to the market, from level 27 up. They have over 250 sqm of living space.

Amaya residents will have exclusive access to two floors of state-of-the-art resident-only facilities, including a gym, sauna, steam room, pool, spa, barbecue and patio, all enhanced by green outdoor spaces with resort-style zones.

[smartcode_project:default project_id=111866 project_image_fid=205115]

Amaya has been designed to seamlessly connect residents with all that Broadbeach has to offer, from the beachfront, to the river, restaurants, shops and a G:link light-rail station just 150 metres away offering easy access to Surfers Paradise, Pacific Fair and eventually Burleigh Heads with completion of the next stage which is currently under way.

Among the recent buyers have been Gold Coasters downsizing from large family homes and looking to move closer to the beachfront. Interstate families and couples have also been attracted to the development and its proximity to the array of urban amenities at Broadbeach.

“For many buyers, Amaya is an upgrade from their current home by offering three-bedroom homes with the combination of luxury interior design and spectacular views; it is ticking all the boxes and providing everything they’re looking for,” Clydsdale added.

[smartcode_project:default project_id=111866 project_image_fid=205115]

Clydsdale said many of the&nbsp;interstate buyers have been regular holidaymakers to Broadbeach.

"[They're] looking for a combination of premium amenities and finishes with a quiet location close to the heart of the action.

“Amaya’s generous floorplans and their high functionality have made Amaya a compelling choice for many of these buyers who are quite discerning and want to ensure their beachside home will work for them in reality.”

In 2024 APG will launch <a href="/new-apartments/affinity-broadbeach-40-46-chelsea-avenue-broadbeach">Affinity Broadbeach</a>, having picked up a <a href="/news/qld/first-look-amalgamated-property-group-double-down-on-broadbeach-apartment-market-with-raptis-site-acquisition">Chelsea Avenue site from Raptis</a>.

[smartcode_project_cta:default project_id=111866]

More than 40 per cent of the 120 apartments have sold at Amaya, which will rise on a prime 1214 sqm site at 30 First Avenue

Amalgamated Property Group starts construction of Amaya, Broadbeach apartment tower

The Isle of Capri on the Gold Coast is set to see the first large scale residential project in the tightly held island in over three decades.

Local developer Monaco Property Group (MPG) has been given the green light to develop Capri, a gated community with just 48 two and three-level villas.

Designed by award-winning firm Plus Architecture, the 1.2 hectare masterplan will have a central residents lounge, BBQ pavilion, resort style swimming pool, relaxation and cabana areas, and lush tropical gardens.

[smartcode_project:default project_id=139511 project_image_fid=213450]

Monaco Property Group Managing Director Jonathan Grasso says the project will bring a new level of luxury and inner city living to Isle of Capri.

“Capri includes five unique villa designs, with large open plan living, multipurpose rooms and villa options of three or four bedrooms," Grasso says.

“Capri will feature three storey residences on Elliott Street with private landscaped courtyard entries, two storey residences on Salerno Street with articulated courtyards, and a mixture of two storey residences opening into the communal area."

[smartcode_project:default project_id=139511 project_image_fid=213457]

Landscape architecture firm LDG has designed a lush tropical oasis at the heart of the estate.

The sales display suite is on site, with kitchen and bathroom interiors and the luxury finishes of Gaggenau appliances, marble bench tops and European oak timber floors.

NPA Projects Director Andrew Erwin, who will handle the marketing of the project, says Capri offers buyers possibly the best new and most strategic inner city real estate on the Gold Coast.

“Isle of Capri is unparalleled with its level of connectivity, allowing simple and quick access to Southport and its private schools, Broadbeach and its dining, shopping and entertainment precinct, Bundall and the commercial centre and the HOTA arts precinct.

“Residents will be just a short walk to the vibrant Capri on Via Roma shopping and dining precinct, Surfers Paradise, and world-famous beaches. It ticks every conceivable box.”

[smartcode_project_cta:default project_id=139511]

Monaco Property Group Managing Director Jonathan Grasso says the project will bring a new level of luxury and inner city living to Isle of Capri

Isle of Capri to get first large scale residential development in three decades

A major construction milestone for the second 65-storey tourism tower at The Star Gold Coast has been ticked off, with the top of the 200 room 5-star hotel completed to level 21, which also includes a new luxury pool area and suite of residential amenity.&nbsp;

Joint venture partners The Star Entertainment Group’s Hong Kong-based partners, Chow Tai Fook Enterprises and <a href="/developers/far-east-consortium">Far East Consortium</a>,&nbsp;are delivering the hotel and apartment tower as part of the $2 billion masterplan, with project director Silas Croucher saying the concrete pour of level 21 represents completion of the first third of the tower structure.&nbsp;

“The top out of the hotel is a significant construction marker as the vertical build continues and we remain on track for an end of 2024 completion,” Croucher said.

<img alt="Render of The Star development pool area" data-entity-type="file" data-entity-uuid="76763fe3-e969-40e5-b601-1bd5ebd11ae3" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/FAR1476_StarIRDGoldCoast_S250_EXT_ResiPool_FINAL_EpsilonFilter.jpg?VersionId=YhWVO85jPQPJUKw4a5hu7udv2uSk.ZiF" />Render of the $400 million The Star Gold Coast tower's pool area. Image supplied.&nbsp;

“The ongoing rise of the 200 metre high tower will be noticeable now as we see the structure rising at approximately one level per week.

“The glass façade installation is also underway and quite visible on the skyline, so it’s exciting to see the new tower starting to take shape."

The internal fit-out of the hotel is also underway, while 475 new car park spaces will soon be opened for public use.

The new five-star hotel will sit above the six-level podium connecting directly to The Star Gold Coast's other resort offerings via a continuation of the ground level boardwalk, a level three retail promenade and the recreation deck.

All 437 of the one, two and three-bedroom residential apartments in the second tower have been sold and are unconditional.

The Star Gold Coast General Manager Hotel and Residences Mark Hodge said The Star is proud of its ongoing investment and job creation in the city and the new tourism amenities, including events and conferring spaces, it is bringing to the region.

“We have mapped out a visionary masterplan and are expanding as a world-class tourism and entertainment destination in one of Australia’s biggest tourism markets,” Hodge said.

<img alt="Render of the new The Star development" data-entity-type="file" data-entity-uuid="ca6d33cd-36ea-4128-87b1-00f83c881168" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/FAR1476_StarIRDGoldCoast_S030_EXT_HeroFromMeriton_Final.jpg?VersionId=D7AAKeG3_5HEryIQ23h0Ero5l.um5.yF" />Render of the $2 billion masterplan at The Star Gold Coast. Image supplied.&nbsp;

“There has been great demand for the new The Star Residences and Dorsett Hotel since opening. And together with The Star Grand and the luxury all suite The Darling the current accommodation options at The Star Gold Coast is well over 1,100 rooms.&nbsp;

“By the time the new tower is complete we will have as many hotel rooms as Marina Bay Sands in Singapore."

Hodge says The Star is well down the green and gold runway with our suite of tourism, events and hospitality offerings as we countdown to the 2032 Olympic and Paralympic Games.”

The joint venture partners are also developing the transformational <a href="/new-apartments/queen-s-wharf-residences-23-margaret-street-brisbane">Queen’s Wharf Brisbane</a> project, which is due to commence a staged opening from December 2023.

<h3>Tower 2 fast facts:</h3>

<ul>
	<li>
	The tower building and residential apartments have been designed by DBI Design
	</li>
	<li>
	The hotel interiors have been designed by Hachem
	</li>
	<li>
	The appointed builder of the tower is <a href="/builders/multiplex">Multiplex</a>
	</li>
</ul>

[smartcode_project_cta:default project_id=7840]

All 437 of the one, two and three-bedroom residential apartments in the second tower have been sold and are unconditional

Second $400m tower at The Star Gold Coast achieves major milestone

Since ground works began in June 2022, Dibcorp's Newstead development, Bide has rapidly taken form and is on track to reach completion this year.&nbsp;

Watch our Construction Update video to learn more.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="415" src="https://www.youtube.com/embed/FUJ9mHMy-q0" title="YouTube video player" width="660"></iframe>

<h2>BIDE AT A GLANCE</h2>

Address:&nbsp;21 Longland Street, Newstead 
Developer:&nbsp;<a href="/developers/dibcorp-properties">Dibcorp Properties</a> 
Architect:&nbsp;<a href="/architects/twohill-and-james">Twohill and James</a> 
Builder:&nbsp;<a href="/builders/lps-group">LPS Group</a>

[smartcode_project_cta:default project_id=102309]

Bide will feature 89 expansive homes, with a range of 1,2 and 3-bedroom floorplans available, with a selection of luxury apartments’s offering 270-degree views of the city skyline.

One of the popular drawcards of this development is the stunning on-site amenities which include a luscious and verdant garden spanning 600 square metres and featuring private cabanas and BBQ facilities.

[smartcode_project:default project_id=102309 project_image_fid=163973]

As you can see, Bide’s construction is well on track to reach completion this year, with topping out anticipated for late June.

The building’s structure is currently up to level 8, with glazing, internal framing and painting starting on the lower floors.

[smartcode_project:default project_id=102309 project_image_fid=163977]

So far, 90% of properties have already been snapped up, with a significant share being sold to owner occupiers. This is likely due to the development's enviable location, being situated within walking distance to Gasworks Plaza, James Street and Brisbane River – not to mention the variety of top dining and retail Brisbane has to offer.

The success of Bide can also be attributed to the development’s meticulous design which emphasises natural light, generous living and dining spaces and unobstructed city views.

[smartcode_project:default project_id=102309 project_image_fid=163983]

Now is a great time to secure your city view skyhome before Bide sells out. To learn more, submit your enquiry via Urban today.

Construction Update Video: Bide by Dibcorp Properties, Newstead, Queensland

&nbsp;A surge in buyer demand over 2023 has seen Iris Capital's flagship Broadbeach development become Urban's most popular apartment development on the Gold Coast.

The project, <a href="/new-apartments/victoria-albert-broadbeach-20-albert-avenue-broadbeach">also dubbed V&amp;A</a>, has seen a diverse buyer profile over the last few months according to Colliers sales agent Paul Putsay.

"Interestingly V&amp;A is attracting a delightful clientele of fly-in and fly-outs in the Albert tower, while there's been an uptake from hybrid investors and occupiers in the Victoria building."

"The building is also proving to be extremely popular with buyers from Melbourne and Sydney, in no small part because of the $200 million commercial retail and fresh food precinct underneath."

[smartcode_project:default project_id=107928 project_image_fid=198884]&nbsp;

The extensive commercial precinct will feature a number of retailers, handpicked by Iris Capital CEO Sam Arnaout. The amenity stretches to an extensive range of facilities, located on the fourth level of the podium.

There's a 25-metre lap pool with an outdoor dining and barbecue area, a spa and steam room, a Zen garden, a yoga deck, a boutique resident's lounge, and a kid's club area with a playground, all surrounded by sub-tropical gardens.

The project also includes a residents sky lounge on the top level of the Victoria tower, complete with luxury dining, lounge, wellness, and work zones, taking in ocean and city skyline views.&nbsp;

[smartcode_project:default project_id=107928 project_image_fid=184934]

Victoria &amp; Albert is now over 50 per cent sold, with some $350 million worth of sales to date. There will be just over 400 apartments across the two towers, Victoria and Albert, named after their location on the corner of Victoria and Albert streets.

The apartments have been designed by renowned <a href="/architects/dbi">architecture firm DBI</a>, who drew inspiration from the coastal environment.

V&amp;A is being built in the heart of <a href="/new-apartments/broadbeach-qld-4218">Broadbeach</a>, on the old Niecon Plaza site, which has now been demolished.

Broadbeach has been a hotspot for developers of late. It ranked as Apartments.com.au's most searched suburb in the Gold Coast, and second only to Brisbane in the whole of Queensland. Broadbeach did rank as the most enquired suburb on Urban in March.

Urban saw a spike in investor enquiry across Queensland in Q1 2023, accounting for around a third of all buyer enquiry.

<img alt="Urban data" data-entity-type="file" data-entity-uuid="9f67fb2f-4777-487d-a329-04e92a4f8364" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-03-31%20at%2012.42.29%20pm.png?VersionId=cO7FwGQObSxTbo.O3RI2lTpCCh1b7IFa" />

Colliers’ Gold Coast director-in-charge Steven King said the latest population forecasts, the strength of the Gold Coast’s employment market and the massive investment in infrastructure across the city is providing the local property market with remarkable resilience.

"Certainly, we’re seeing challenges across the board, driven by higher construction costs and labour constraints causing ongoing housing supply issues, but the Gold Coast is still firing on all cylinders from an economic perspective which will continue to support the residential and commercial sectors in the near term.”

[smartcode_project_cta:default project_id=107928]

Victoria & Albert is now over 50 per cent sold, with some $350 million worth of sales to date. There will be just over 400 apartments across the two towers, Victoria and Albert, named after their location on the corner of Victoria and Albert streets

Victoria & Albert Broadbeach: Urban's most popular Gold Coast project in March

Brisbane's north-side is continuing to expand, with property developer Marquee Development Partners' Burpengary development&nbsp;drawing over $12 million in sales in less than a week.

The residential community Vale has seen 70 per cent of the Stage 1 house and land packages sold within the week, showing demand for quality and affordable housing still remains strong.&nbsp;

Colliers Director Jon Rivera said the interest in the project comes from a backlog of Colliers clients who have missed out on previous north-side communities, at an affordable price point.

“Within one week of hitting the market, over 70 per cent of Stage 1 has been sold, before we have even had the chance to market it widely,” Rivera said.

“In this current market, I would expect to sell the remaining homes within a month, with the remaining house and land packages priced in the mid to high $600,000's, and better priced by around $60,000 than the surrounding market."

"Vale offers irresistible value whilst we’re in the midst of an affordability crisis,” he said.

Marquee’s Sales Manager, Azura Griffen, said Vale’s location in Moreton Bay’s burgeoning suburb of Burpengary, just minutes from North Lakes and centrally located between Brisbane and the Sunshine Coast, has been another drawcard, positioning residents just minutes from public transport, schools, shopping, dining and entertainment options.

“The leafy boutique infill community of 76 flat blocks is surrounded by a thriving, established community," Griffen said.&nbsp;

“With over 42 per cent of the masterplan reserved for green space and a variety of land sizes ranging in size up to 762 sqm, Vale is ideal for families that want to be surrounded by nature, but just a stone’s throw from a range of amenities."

“Vale is a place where families will thrive, at a price point that they can afford, and that is why we are seeing such incredible interest.”

<a href="/developers/marquee">Marquee</a> have partnered up with LH Property Partners for the project, which is being marketed by Colliers.&nbsp;

Construction on Vale is forecast to commence in May 2023.&nbsp;

Read more:&nbsp;<a href="/news/qld/marquee-launch-monterey-one-of-kirras-last-beachfront-addresses">The best views in Queensland? How Monterey apartments in Kirra Beach offer unrepeatable views</a>

Marquee's sub-$700,000 price tag draws over $12 million in sales in less than a week in their residential community Vale, in Brisbane's Burpengary.

Marquee secure over $12m in sales in less than a week in Moreton Bay's Burpengary

Brisbane property developer Aria Property's sold out West End apartment project, Tree House, has taken out the High Density Development Award at the 2023 Urban Development Institute of Australia (UDIA) National Awards.

It's Aria's fifth national win in the past seven years.&nbsp;

Located in the leafy suburb of West End, <a href="/buildings/tree-house-111-jane-street-west-end">Tree House</a> comprises 90 apartments across 12-storeys, inspired by the innovative green buildings found throughout Singapore, with the group creating a contextual and visual response to the Brisbane City Council's advocacy for greener buildings across the city.

Situated directly opposite Davies Park, Tree House was designed to make residents feel as if they're living in a tree house, with each balcony sitting adjacent to a garden or tree canopy.&nbsp;

[smartcode_project:default project_id=9113 project_image_fid=211896]

Sweeping curves across the built form reference natural movements of a fig tree as it climbs from base to canopy, topping out with a rooftop space. Over 70 mature trees have also been incorporated throughout the development to deliver a green façade dominated by the purple flowers of the tibouchina, which bloom sporadically throughout the year.&nbsp;

The expansive rooftop is heavily landscaped using trees, planting, lawns, water features and hardscape to create a rooftop garden with each aspect of the roof having a different feeling and function.

Aria Property Development Manager Brent Liddell said it was an honour to have the project recognised by one of the industry’s most reputable associations.

“Being recognised by the UDIA is a testament to Aria Property’s commitment to continually achieve the best outcome; each of our projects are extremely curated and designed specifically for their location, with Tree House being no exception to this," Liddell said.&nbsp;

[smartcode_project:default project_id=9113 project_image_fid=211893]

“Everything at Tree House is designed to support better living, from state-of-the-art amenities to the views and integration of Davies Park, which flow through to the details of the building."

“The project’s contribution to both its own community and wider urban fabric ensures its relevance and connection with the surrounding neighbourhood - all elements that have led to the project’s success,” he said.

Further optimising living, <a href="/developers/aria-property-group">Aria Property</a> manages Tree House from a facilities and ongoing management point of view, fostering a community for residents and assisting with health and wellbeing from a physical and mental viewpoint.

Residential amenities include a rooftop infinity pool, magnesium bath, private dining room, fitness centre, playground for children and two barbecue spaces, while there's also weekly yoga and personal training held on the rooftop and quarterly resident events held to allow residents to meet one another and encourage a community atmosphere within the complex.

[smartcode_project:default project_id=9113 project_image_fid=211895]

Tree House was popular with a healthy mix of buyer groups, including first home owners, investors and second and third-homeowners, all of which are looking for a new home or a smart investment within a sustainable community.

Since completion in 2021, a number of apartments have experienced significant capital growth from 15 per cent to 40 per cent returns.

Read more:&nbsp;<a href="/news/qld/aria-property-group-lodge-plans-for-kangaroo-point-apartment-development">Aria Property Group lodge plans for Kangaroo Point apartment development</a>

Aria Property take out High Density Development Award for sold-out Brisbane Tree House project

Kokoda Property Group are set to launch the penthouses crowning their recently completed&nbsp;$165 million Milton apartment development, <a href="/buildings/the-ambrose-19-23-mcdougall-street-milton">The Ambrose</a>.

Four penthouses will be released to the market, following the successful completion of the project, which comprises 174 apartments and two retail spaces.

Over 95 per cent of the apartments have sold since the project launched in early 2021.&nbsp;

There will be three three-bedroom penthouses on offer, as well as a four-bedroom penthouse which will have its own au-pair residence.&nbsp;

[smartcode_project:default project_id=141568 project_image_fid=218425]

Each will benefit from direct lift access, with the floorplans ranging from 152 sqm up to an expansive 326 sqm. The apartments range from $2.5 million to $7 million.

The largest of the penthouses features a complete built-in one-bedroom private residence perfect for young adult children, au-pair or intergenerational living arrangements.

The penthouses will have floor-to-ceiling windows to allow maximum natural light while also providing panoramic views to Brisbane's city skyline and river.&nbsp;

[smartcode_project:default project_id=141568 project_image_fid=218428]

The kitchens are the cornerstone of each home, featuring natural stone benchtops, complete with premium Miele appliances including induction cooktops, pyrolytic ovens, microwaves, dishwashers and integrated Liebherr fridge and freezers.&nbsp;

The bathrooms, bedrooms and living areas all feature curved walls, allowing spaces to flow freely from one to the next, while vertical texturing is used throughout the kitchen, bathrooms and master bedrooms.

<a href="/developers/kokoda-property">Kokoda Property Group</a> Founder and Managing Director Mark Stevens said demand far outweighs supply for new apartments within Milton and its surrounds.

“The Ambrose is the first development in a long time to be completed at such a scale. While there are a few projects in planning in neighbouring suburbs, competition and supply are limited for a product of this quality," Stevens said.&nbsp;

“The Ambrose in particular is highly sought after due to Kokoda bringing its Melbourne flair to the design and with larger apartments being very desirable, we don’t expect these penthouses to sit on the market long.

“Out of all the capital cities, Brisbane has the strongest fundamentals for growth over the coming years. This is driven by interstate migration and the fact that Brisbane has changed so much in the past five years - it is becoming more of a destination city for both owner-occupiers and investors,” he added.

[smartcode_project:default project_id=141568 project_image_fid=218423]

Located on McDougall Street and reaching 19-storeys high, The Ambrose comprises a mix of one, two and three-bedroom apartments and four penthouses, all offering 360-degree views of Brisbane’s CBD, Brisbane River and Mount Coo-tha.

Residents have access to a concierge, health and wellness centre, private dining and a rooftop deck with an infinity pool with views of the Brisbane CBD.

Architects <a href="/architects/cottee-parker-architects">Cottee Parker</a> made the simple yet sculptural staircase within the lobby a true design feature in The Ambrose, which presents a calming entry sequence on arrival and provides a key linking piece that emulates the organic curves of the building.

Externally, the design of The Ambrose embraces metallic fins wrapping the facade to provide shade and textural contrast, while living greenery weaves up the full height of the tower, naturally anchoring the building to its subtropical landscape.&nbsp;

[smartcode_project:default project_id=6313 project_image_fid=208659]

Stevens said the vision for The Ambrose was to create an iconic project for Milton.

“Milton is a highly developed and corporate location. Our vision was to create something truly unique for the area that would stand out amongst other buildings. Through its design and resident amenity, The Ambrose has lifted the standard of living in Milton"

“Now, the penthouse will set a new standard for the suburb. They are unlike anything this suburb has seen and we’re excited to bring them to market,” he said.

A site steeped in history, The Ambrose is named after esteemed Brisbane chemist and experimental farmer Ambrose Eldridge, who originally purchased the land in 1851.

&nbsp;

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Kokoda Property Founder and Managing Director Mark Stevens said demand far outweighs supply for new apartments within Milton and its surrounds

Kokoda release luxury penthouse collection in The Ambrose, Milton following completion

Established Melbourne-based residential developer Glenvill and Gold Coast based QNY Group have announced their new joint construction company, Glen Q Constructions, will build their new Broadbeach apartment development,&nbsp;Sunset Residences.

QNY Group and Glenvill joined forces to develop the 21 Broadbeach Boulevard site, in what will be Glenvill's first foray into the Gold Coast apartment market.

They recently launched the 16-level tower, which has just&nbsp;11 full-floor beach residences, one half-floor residence, and a tri-level penthouse with a private rooftop terrace.

They're now set to jointly undertake construction of the project, designed by Contreras Earl Architecture and with interiors by Plus Architecture.

[smartcode_project:default project_id=111843 project_image_fid=209981]

Glenvill are renowned as residential specialists, and are Australia’s most awarded builder. They have a residential pipeline exceeding $2 billion along with a forward order book of construction projects in excess of $250 million.

Glenvill Developments CEO Len Warson says the creation of the entity will ensure Sunset Residences is delivered to an unprecedented standard.

“Glenvill has a 60-year history delivering upmarket residential homes," Warson says.

"We only build homes and apartments, and have unrivaled experience delivering high-end finishes with exceptional attention to detail, which is what is expected in luxury builds like Sunset Residences."

[smartcode_project:default project_id=111843 project_image_fid=209980]

Warson said it became obvious that they needed&nbsp;certainty that the builder on this project would deliver the high level of quality they demanded.

“We soon realised that the only way to ensure that level of quality would be met was by taking on the responsibility of building ourselves - this way we can ensure the end product will not only meet buyers’ expectations but exceed them."

QNY Group Director Anthony Quinn, who has long been an admirer of the Broadbeach Boulevard corner site which will offer uninterrupted 270 to 360 degree view corridors that capture panoramic views from Surfers Paradise to Coolangatta, says&nbsp;Glen Q Constructions is the ultimate culmination of strength through collaboration.

"With Glenvill and QNY Group’s experience combined we have the skillset and resources needed to produce a high-end boutique development," Quinn says.

“The Glenvill brand is known for high quality, reliability and safe delivery and this security combined with QNY Group’s understanding of the residential sector and thorough local knowledge will ensure we deliver a timeless project to be signposted as a new level of luxury for living on the Gold Coast.”

Construction of Sunset Residences is expected to commence in August 2023.

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They recently launched the 16-level tower, which has just 11 full-floor beach residences, one half-floor residence, and a tri-level penthouse with a private rooftop terrace

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