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.

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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?

The recently released $250 million Masthead Ocean Club on the Gold Coast's Main Beach has been developed to target the premium downsizer.

With locals making up the biggest share of the Gold Coast’s downsizer market in recent years, developers Banda and Rory O'Brien&nbsp;have sought to capture those wanting to live the Main Beach lifestyle.

Sydney-based project marketing agency Highland are handling the sales of Masthead.&nbsp;Highland CEO David Highland said Gold Coasters are taking the lead when it comes to scaling back to focus on lifestyle.&nbsp;

[smartcode_project:default project_id=134759 project_image_fid=211816]

“We’re increasingly seeing buyers selling up large family homes they have owned for years on the Gold Coast and looking to replace them with a large, luxury, low-maintenance apartment that is much closer to lifestyle conveniences and amenities,” Highland said.

“Masthead Ocean Club is clearly a game-changer when it comes to meeting the demands of these buyers. This is a premium development that offers all, if not more, of the amenities and facilities they have in their current home, far exceeding those in any other building every built to date or planned on the Gold Coast.”

Located in a prime position, Masthead Ocean Club sits just a stone’s throw from Main Beach’s premier destinations such as waterways parklands, beaches, and coastline, ticking all the lifestyle aspect boxes for a downsizer.

“Northern Main Beach, where Masthead is positioned, is a quite enclave and perfect for downsizers who want access to everything but don’t want to be in the centre of the fast paced, hustle and bustle of Gold Coast living,” Highland added.

[smartcode_project:default project_id=134759 project_image_fid=211817]

With all this at their doorstep, Masthead Ocean Club leverages its location to offer a seven-star resort experience and ultra-luxe amenities within the development itself.

“Downsizers still want a pool, gym, wine storage and the views they currently have and don’t want to compromise on space. Masthead has all of this,” he said.

“When they’re home, downsizers still like to entertain or accommodate family, so they require multiple living zones and multi-purpose spaces which has all been thoughtfully introduced into every residence at Masthead.

“They may need a home office as they may still be involved in business. Masthead has a versatile multi-purpose room perfect for a study, home office or additional living space."

Privacy and security are also an important factor to downsizers as well as the number of apartments within the building.

[smartcode_project:default project_id=134759 project_image_fid=211820]

Masthead only has 28 apartments, one per floor with no horizontal neighbours.

Highland says downsizers want to be surrounded by like-minded people.

“Masthead residents will have the opportunity to mingle and attend social events together through the partner affiliates associated with the building.”

Masthead will see the delivery of an in-house residents’ only club to be known as ‘The Ocean Club’.

[smartcode_project:default project_id=134759 project_image_fid=211830]

With membership only accessible via a Masthead apartment purchase, the Ocean Club&nbsp;spans two full floors, some 650 sqm, and will feature a sophisticated wine and champagne lounge, whiskey and cigar room, private dining space, coffee bar, sky high library and business meeting areas, all with&nbsp;panoramic ocean, coastal and Hinterland views.

Residents will also have 24/7 access to a health and wellness club with a wet edge pool, spa, steam room and sauna, as well as a state-of- the-art gym and yoga and pilates studios.

Developer Rory O'Brien said no other project in Australia offers residents such extensive private and secure luxury facilities, shared amongst so few people.

“Masthead Ocean Club’s facilities will re-shape the way residents experience their new beachside home and lifestyle,” O'Brien said.

[smartcode_project:default project_id=134759 project_image_fid=211825]

Members will also receive additional benefits from luxury brands including Chairman’s Club membership to Levantine Hill Winery in The Yarra Valley, participation in Newgate’s 2023 racing syndicate, which will also include attendance at select race days in Newgate’s own suite at Randwick Racecourse, and a complimentary new BMW electric car.

“Masthead has certainly been designed to offer a unique lifestyle that is enriched by a sophisticated design, amenities, and social engagement in one of the best locations on the Gold Coast,” Highland said.&nbsp;

“It is truly one of a kind.”

[smartcode_project_cta:default project_id=134759]

The upside to downsizing at Masthead Ocean Club

The small Gold Coast suburb Currumbin is set for a rare new apartment development.

Arena Property Group, who are developing LANA in Bilinga, has been given the green light to create Kora, a boutique project of just seven apartments designed by Plus Architecture at 798-800 Pacific Parade.

Located on Currumbin’s famed beachside stretch, the four-storey development will be the first major multi-residential addition to the coastal suburb in a number of years, as well as Plus Architecture’s first project in the area.

Arena's Development Manager Ray Bachir said Kora's “quietly confident” design sets a new standard for architecture on Currumbin’s in-demand beach-side strip.

“When your objective is to make a visual impact without compromising the natural integrity of a site it all comes down to excellent design solutions, which Plus Architecture has certainly achieved in this project,” Bachir said.

“Kora is a new product for the area that will appeal to a broad demographic – it’s a great design that offers the iconic Gold Coast lifestyle of suburbs like Palm Beach, while still respecting the unique character and history of Currumbin.”

<img alt="Render inside Kora" data-entity-type="file" data-entity-uuid="a20d6af3-86b0-4120-a9c0-0dc4cbfa9c6f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/70447_N3_medium.jpg?VersionId=r1itpR_EFmGKpEf7cCn9.e.YwwiQWKjO" />Render inside a Kora apartment. Credit: Plus Architecture&nbsp;

Plus Architecture Principal Chrisney Formosa said the overall design approach for Kora is organic and uplifting, complementing Currumbin’s picturesque beachside character and its nearby natural landmarks of Currumbin Hills and Elephant Rock.

“Designed with sensitivity to the site’s location and the Currumbin lifestyle, our objective was to design a luxury residential dwelling that seamlessly assimilates with the local built environment,” Formosa said.

“A selection of nature-inspired tones and textures emphasise Kora’s abundant natural light and sweeping panoramic views. These elements contribute to an elevated quality of life for residents and demonstrate our detail-oriented response to subtropical design ideals.”

Kora’s external design scheme features a mix of concrete, tinted glazing, bronze and glass balustrading, with the façade created from timber-look battens.

<img alt="Render inside Kora" data-entity-type="file" data-entity-uuid="4823bc91-ee6e-4a81-886a-6d94c369a1dc" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/70447_N4_medium.jpg?VersionId=ePtKP_rtCS39JcQ_1gbJ15pYCnPjN8oo" />Render inside a Kora apartment. Credit: Plus Architecture&nbsp;

Plus Architecture has also paid homage to traditional ‘timber and tin’ beach shacks in the design, which grows out from a central timber spine and tapers off in a floating edge following an organic natural form.

All seven residences feature a unique level of amenity including generous internal living space and expansive oceanside balconies which benefit from ocean views. The complex itself features a communal rooftop area, wellness centre, high-quality landscaping and an abundance of car parking spaces. Arena Property Group’s

The sales and marketing campaign for Kora is expected to kick off in a few months, with construction commencement slated for the latter half of 2023.

[smartcode_project_cta:default project_id=93096]

Arena's Development Manager Ray Bachir said Kora's “quietly confident” design sets a new standard for architecture on Currumbin’s in-demand beach-side strip.

Arena Property Group greenlit for Plus Architecture-designed Currumbin apartments

Azzura Investments are taking the master plan for its $3 billion Imperial Square mega development at Southport to the next stage, lodging a development application for a 40-level mixed-use tower that will include an exclusive vertical village for retirees.

Plans for the $500 million Monarch Place come on the heels of the first stage, the 18-level Regal Residences, which is currently under construction on the&nbsp;1.4 hectare Imperial Square site on the corner of Ferry Road and Meron Street.

Monarch Place will deliver a total of 223 premium apartments, with 140 of these residences designated for an exclusive vertical retirement village for occupants over 65.

The new tower, designed by Kris Kowalski Architects, features retail and commercial tenancies on the ground level and first floor and a range of strata-titled specialist medical suites on level two.

Azzura CEO Robert Badalotti said the success of Regal Residences allowed the group to bring the next stage of Imperial Square to the market, amid strong inquiries for apartments across the masterplanned site.&nbsp;

“We are thrilled to be introducing a new style of residences for the over-65 market at Monarch Place that will take downsizing to a completely new level in the heart of Southport," Badalotti said.

<img alt="Render of Monarch Place" data-entity-type="file" data-entity-uuid="c352243f-888a-4f2c-aeae-c1399c8b328c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Monarch%20Place%20-%20Cam_01_Opt.jpg?VersionId=CNVqXB.zJ7KmcD79LijRh09_.5MWHUcl" />Render of the proposed Monarch Place. Image supplied.&nbsp;

Apartments in Monarch Place will offer an extensive array of layouts, from two-bedroom apartments to two-bedrooms plus study, three- and four-bedroom luxury apartments.

While 140 apartments in these configurations will be dedicated to the vertical retirement village, Monarch Place will also offer 83 freehold apartments that will offer some of the most spacious living areas available in the Southport market.

The freehold residences will have separate lift access and resident amenities.

Monarch Place will release an exclusive selection of three-bedroom and four-bedroom apartments, plus eight four-bedroom skyhomes, each with a plunge pool and spa.

[smartcode_project:default project_id=29350 project_image_fid=154912]

Topping off the development will be two penthouses featuring their own rooftop infinity pools.

The vertical retirees’ village will deliver an array of amenities for residents on level five, including a ballroom, dining, gymnasium, sauna, heated indoor pool and spa, a hairdressing salon and beauty parlour, cinema, golf simulator, art and craft studio, library, and resident workshop.

Residents will also have access to a dedicated music room, games and entertainment rooms, consulting rooms, boardroom, plus a commercial-grade kitchen and dining area with a bar and coffee lounge.

There will also be a community garden on level six.

“We’ve combined the best of Regal Residences with the very latest designs in Monarch Place, and we have created a large array of activities and high quality amenities for occupants enjoy their retirement years,” Badalotti added.

“Our second tower will give residents the ideal blend of space and serenity, with our design team especially focused on those smaller details that will allow residents to live their way at Monarch Place.” 
 
All residents of Monarch Place will have access to the level six podium which will house a hotel-tavern and restaurants, and barbecue facilities alongside an outdoor ‘kabana lagoon’ pool.

[smartcode_project:default project_id=29350 project_image_fid=154910]

“Amid all this luxury we are creating a unique lifestyle that blends an array of lifestyle amenities, medical, shopping, restaurants and bars to create the carefree lifestyle that downsizers are looking for."

Located within Southport’s designated Priority Development Area, Imperial Square comprises four stages that in future will include the 68-level Imperial Tower and The Majesty, which will rise 108 levels and become Australia’s tallest residential tower.

Imperial Square will eventually deliver around 1,600 dwellings and up to 40,000 sqm of commercial and retail space designed to activate the site into a vibrant community offering a range of services and amenities at the doorstep for residents of the Imperial Square community.

Azzura Plans to officially launch Monarch Place to the market in late May this year with construction expected to start in late 2023. The second stage of the development is scheduled to welcome its first residents in 2025.

[smartcode_project_cta:default project_id=29352]

Azzura lodge $500 million stage two plans for $3 billion Imperial Square, Southport masterplan

Brisbane's premier riverfront suburbs have long been sought-after for apartment dwellers.

It's more common for new projects to appear in the likes of Newstead, Albion and New Farm, than it is in Bulimba.

But the small suburb south of the Brisbane River looks set for a new development, with Chris Mundey, Founder and Managing Director of Friday Capital, submitting plans for a new development at 43 Wambool Street.

Looking to tap into the high-end downsizer market, the building will comprise just eight three-bedroom apartments across a three-level building.

Brisbane locals, Gatehouse Architects have been appointed to design the project on the large 1,012 sqm site, with the main design intent focusing on seamlessly integrating into the existing neighbourhood's character and charm.

<img alt="Render of the Bulimba development " data-entity-type="file" data-entity-uuid="efeb81b5-e3a6-4a1d-91da-1bb759270cee" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-03-21%20at%203.14.54%20pm.png?VersionId=DeaC2awIRlm4BzKt0rV0FN8Iikk7rZcG" />Render of the proposed Bulimba development. Credit: Gatehouse Architects.

Located at 43 Wambool Street, the development's design is centred around the concept of incorporating natural light into the living spaces, creating an open and airy atmosphere that encourages a sense of community, harmony, and tranquility. The architecture blends modern and traditional elements, using carefully selected building materials that match the surrounding context.

The building's large windows, balconies, and terraces take advantage of Brisbane's sunny climate and leafy green surroundings, providing residents with a sense of openness and connection to the outside world while maintaining privacy and security.

The addition of a rooftop communal area is designed to encourage social interaction and community across the site, with&nbsp;the 84 sqm space featuring a permeable pergola structure, as well as a range of passive and active recreation opportunities, including a lounge area and outdoor dining space.

The development is designed to respond to Brisbane's subtropical climate and lifestyle, with all units featuring well-proportioned living areas and balconies that create indoor/outdoor living spaces, maximising access to natural light and ventilation.

Ground level units include private open spaces comprising patio areas ranging in size between 25 sqm to 46 sqm, while upper-level units feature balconies ranging in size between 19 sqm through to 48 sqm.

The additional landscaping on the rooftop space further softens the built form from the streetscape and adjoining properties, adding to the amenity of the communal area.

<img alt="Aerial shot of the Bulimba project" data-entity-type="file" data-entity-uuid="e9fde7f5-87dc-4509-bc99-1051a6f2c19f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-03-21%20at%203.22.04%20pm.png?VersionId=NAAe8Yf2AhYzONyKaf_B5CyJb_ETpLKf" /> 
Aerial shot of the proposed Bulimba site. Credit: Google Earth

Residents will be just over 200 metres from the bustling Oxford Street, which is home to a mix of retail and food outlets, health care services, bars and cinemas. A number of bus routes also run along Oxford Street, while the Bulimba Ferry Terminal is less than a kilometre away.

The heritage-listed Bulimba Memorial Park is also just a short walk.

Prior to launching Friday Capital, Mundey was the Head of Consulting and Capital Management at an East Coast Boutique Advisory firm and was the lead partner in its Sydney office, with the group working across the eastern seaboard, with projects in Sydney, Brisbane and the Gold Coast.&nbsp;

[smartcode_project_cta:default project_id=139204]

The developer has tapped Brisbane locals, Gatehouse Architects to design the project on the large 1,012 sqm site

First look: New plans lodged set to tap into high end Bulimba apartment market

The Gold Coast property market is holding up considerably better than some of its southern counterparts, recent research conducted by national project marketing agency Colliers found.

Colliers' latest Market Overview has revealed that the median house price on the Gold Coast has only dropped by $15,000, or -1.5 per cent, to reach $925,000 by the end of 2022 -&nbsp;down from the $940,000 reported by Colliers previously at the peak of the market in June last year.

This is in stark contrast to the rest of the country, where national house prices have fallen more than five times the rate of the Gold Coast.

The report highlights that Gold Coast's property market has remained relatively stable despite the national market experiencing a record fall of 8.4 per cent in CoreLogic's Daily Home Value Index from May last year until January 7 this year.

Colliers’ Gold Coast director-in-charge Steven King said the latest data, supported by continued growth in the city’s commercial property sector, demonstrates that Gold Coast property prices are holding firm amid volatile conditions nationally.

“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,” King said.

“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.”

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" src="https://www.youtube.com/embed/rAbkBlLTsV4" title="YouTube video player" width="560"></iframe>

The Colliers Market Overview report for February 2023 offers a robust view of the Gold Coast property market with resilience in residential property spilling over into the office, industrial and retail sectors.

The report forecasts the Gold Coast economy will grow four per cent a year over the next three years, making it an economic hotspot in comparison to the Reserve Bank’s estimates of 1.5 per cent growth in the national economy in 2023 and 2024.

Employment on the Gold Coast grew by one per cent over the year, keeping the jobless rate at 2.9 per cent, well below the national rate of 3.7 per cent.

“The Gold Coast employment market is among the tightest in the country, with the jobs market well supported by new businesses relocating to the city to capitalise on emerging growth opportunities,” said King.

Among the key metrics revealed in the Colliers report is the massive take-up of office space on the Gold Coast over the past two years amid low construction activity in the sector.

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The Colliers report notes that retail rents on the Gold Coast have risen by 15 to 20 per cent on average over the year due to rising occupancies, population growth, limited new supply, and higher construction costs.

Supporting the Colliers report’s growth forecasts are projections of massive population increases for key Gold Coast suburbs over the next two decades.

The city’s northern and western suburbs will sustain the highest growth as the city heads towards a population of nearly one million people by 2041 – an increase of 48 per cent from current levels.

[smartcode_project:default project_id=108747 project_image_fid=198830]

Ormeau-Oxenford will make up most of that population expansion with another 114,000 people expected to live there by 2041. Coomera's population is likely to almost&nbsp;triple, while Worongary-Tallai, Southport-North, and Mermaid Beach-Broadbeach are each expected to double in population.

“These growth forecasts underpin the pace of activity we are currently experiencing across each of the key property categories,” said King.

“The high growth areas to the north and west are likely to drive sustained demand for new developments such as retail to service these areas, as well as industrial and commercial areas to provide key local employments nodes.”

National house prices have fallen more than five times the rate of the Gold Coast over the last 12 months

Gold Coast riding out 2022/23 property correction: Colliers report

Luxury home builder turned apartment developer Graya has set a new apartment record in the affluent Brisbane riverfront suburb of Bulimba.

They've secured the highest price paid for a non-riverfront apartment at their Canvas Bulimba project. The 185 sqm space, which features its own rooftop terrace, sold for $3.5 million through project marketing agency MOTIV.

The four-bedroom apartment which has city views from the terrace which features its own pool and entertaining area, is&nbsp;one of three penthouses within the luxury low-rise development under construction on Love Street.

The penthouse was acquired by a relative of a current Love Street resident to utilise as a secondary home when visiting Brisbane.

[smartcode_project:default project_id=112020 project_image_fid=198798]

Graya co-founder and Managing Director, Rob Gray, says that while Bulimba is one of Brisbane's best suburbs, it's the architecture and lifestyle offering that makes Canvas so exceptional.

“Its design has been curated by bureau^proberts and blends elements of Singaporean, subtropical architecture with fluted concrete, converging curves and dense greenery," Gray says.

“This has resonated strongly with the market, delivering exceptional architecture and the same level of space as a large family home alongside low maintenance, luxury lifestyle amenities.

[smartcode_project:default project_id=112020 project_image_fid=198800]

”Local rightsizers and downsizers already account for more than 70 per cent of purchasers at Canvas, with only two developer-held apartments remaining for release.”

Graya was established in Brisbane in 2010 as a luxury home builder by brothers Rob and Andrew Gray. Three years ago, the company broadened its focus from high-end homes to high-end apartments, delivering the award-winning Maison in New Farm with Frank Developments in 2022.

Today, the company is a full-service design, development and construction business with more than 35 employees across its Brisbane and Gold Coast projects.

[smartcode_project:default project_id=112020 project_image_fid=198801]

“Being the developer and the builder is a definite advantage in this market,” Gray added.

“We’ve been able to navigate the market challenges as a team, carefully manage costs, and instil confidence in our buyers that we have the capacity to deliver the project to the highest standard.

“Construction of Canvas is now well advanced, with completion scheduled in Q4 2023.”

The final penthouse within Canvas will be launched to the market in the coming weeks by MOTIV Group.

Founder and Chief Executive of MOTV Group, Carly Cottam, said the appetite of high-net worth buyers in Brisbane’s affluent inner-suburbs has showed no signs of slowing in 2023.

[smartcode_project:default project_id=112020 project_image_fid=198802]

“There’s simply not enough luxury property in Brisbane to meet demand,” Cottam said.

“High-net worth individuals are seeking location, lifestyle, craftsmanship and a low-maintenance, lock up and leave solution – a combination Graya has mastered.

“This is best evidenced by the recent $4.85 million resale of an apartment at their Maison project in New Farm, representing an uplift in price of $1.25 million.

“Like Maison, Canvas will deliver enduring value through its location, architecture and build quality.

“Nothing of this standard exists in Bulimba. Until now.”

[smartcode_project_cta:default project_id=112020]

The penthouse was acquired by a relative of a current Love Street resident to utilise as a secondary home when visiting Brisbane

Exclusive: Graya set apartment record with Canvas Bulimba penthouse sale

Kirra, the small enclave part of the wider Coolangatta, is one of the most sought-after spots across the whole of the Gold Coast.

There's Kirra Point, the world renowned surf break which will be the focal point of the surf events at the 2032 Summer Olympics.

Development down near the water has generally been boutique in nature over the last few years, with most apartments on Musgrave Street and Marine Parade starting from well over the $2 million mark.

Overlooking it all is Kirra Hill, slightly up the slope but still just 350 metres from the sand.

That's where Immerse Projects have found a gap in the market, bringing a more affordable product to the area which has been starved of entry-level stock since Miles Residences by KTQ sold out in early 2020.

[smartcode_project:default project_id=112169 project_image_fid=207550]

Immerse, led by construction industry veteran John Kearney who leads building firm Greyburn, is developing Rhythm Kirra Hill at 30 Garrick Street, a seven-level building with just 40 apartments.

Prices start from $720,000 for the 71 sqm, one-bedroom units. The two-beds are priced under $1 million, and the largest apartments on offer, the three-bedders with a multi-purpose room, are available at $1,355,000.

A short walk from the famous surf, Rhythm is also a stone’s throw from a vibrant café and dining scene, which is just 150 metres away, with an eclectic collection of high-end restaurants, casual eateries and coffee spots, and unique bars.

The Kirra Point Precinct and The Strand Beachfront Shopping Precinct are 600 metres from Rhythm.

[smartcode_project:default project_id=112169 project_image_fid=207549]

Kirra and Coolangatta are also home to a collection of beachside boutiques and shopping, while also being just a short drive from national and international retailers at the Gold Coast’s major shopping centre, Pacific Fair.&nbsp;

For those who prefer to get around on public transport, there are several bus routes that service the area, with the main bus terminal located on Griffin Street.

Another popular option is to cycle or walk,&nbsp;with several dedicated paths and trails leading to the beach and other attractions within Coolangatta.&nbsp;

Greyburn kicked off construction on Rhythm in February. They anticipate an 18-month build.

[smartcode_project:default project_id=112169 project_image_fid=210208]

Kearney says the company is well positioned to deliver Rhythm, having successfully completed a variety of residential projects across South-East Queensland.

“Demand for premium beachside apartments on the southern Gold Coast is higher than ever, so we are excited to be officially under construction with project certainty to bring this highly-desirable project to life."

Jayde Pezet of Pezet Matheson, who is selling Rhythm Kira Hill alongside Ashwin Property, says construction comes hot off the back of strong enquiry for the project.

“The project has been exceptionally well received and many prospective buyers have been enticed by the project’s close proximity to key lifestyle amenities,” Pezet said.

[smartcode_project_cta:default project_id=112169]

Immerse, led by construction industry veteran John Kearney who leads building firm Greyburn, is developing Rhythm Kirra Hill at 30 Garrick Street, a seven-level building with just 40 apartments

Rhythm Kirra Hill: How Rhythm apartments take advantage of the Kirra lifestyle

The need for new short-term accomodation in the Southern Gold Coast is set to be filled somewhat by the new Palm Beach Hotel, which has just been given the green light by the Gold Coast City Council.

The $120 million project at 1081-1089 Gold Coast Highway will see 126 hotel rooms spread across six levels, with state-of-the-art amenities, including a rooftop pool, gym, spa, and in-house dining.

Award-winning firm Plus Architecture has been engaged to deliver the master-planned hotel.

“Being such a significant project, our team took a considered approach to create a standout development in an increasingly discerning market,” Plus Architecture Principal Danny Juric said.

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Rob Steer's Steer Developments is one of the joint venture partners in the project. Steer says they wanted&nbsp;to create a space that makes our guests feel something special.

"It’s about the entire experience," Steer says.

"A perfect blend of beauty, luxury, and premium quality with a calm, lush, and peaceful serenity.

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“We have always appreciated the Gold Coast’s lifestyle and are excited to contribute to its beauty and make an everlasting impact on the southern Gold Coast.

“While the northern end of the Gold Coast is flooded with hotels, the southern end is ripe for a luxury offering. Along with Mondrian set to open in Burleigh, the timing is perfect for an additional prestige hotel at Palm Beach.”

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Palm Beach Hotel will be delivered in one stage, with construction set to commence in Q4 2023 and completion estimated for Q1 2025.

Steer is fully committed to Palm Beach. He has a solo project, COTE Palm Beach, a collection of just 17 half-floor apartments nearby.

[smartcode_project:default project_id=112548 project_image_fid=205283]

Cote is located on a prime 810 sqm site at 3 Thirteenth Ave, bounded to the east by Jefferson Lane and just 20 metres from the beach.

“Côte presents an exceptional opportunity for buyers to secure a masterfully designed residence in one of the best beachside locations at Palm Beach,” said Steer.

“We have ensured that Côte sensitively responds to the local context while delivering the absolute best of a luxe lifestyle that is just steps away from the beautiful beachfront, the Palm Beach village precinct and some of the southern Gold Coast’s best cafés, restaurants, bars and boutique retail.”

Demolition has begun on site, and construction is expected to commence in the coming months.

Palm Beach apartment supply has dramatically improved since the early stages of COVID, when projects sold out in double quick time.

<a href="/news/qld/apartments-supply-improves-in-palm-beach-as-graya-secure-approval-for-ripple">Read more:&nbsp;Apartments supply improves in Palm Beach as Graya secure approval for Ripple</a>

Palm Beach Hotel will be delivered in one stage, with construction set to commence in Q4 2023 and completion estimated for Q1 2025.

Palm Beach Hotel approved as Palm Beach development pipeline soars

The Rainbow Bay lifestyle is one that focuses on wellbeing.&nbsp;

Known to locals as 'the island' the idyllic stretch of coastline has long been sought after, due to its laid-back and relaxed atmosphere, making it the perfect place to escape the hustle and bustle of city living.&nbsp;

Paul Gedoun's S&amp;S Group have taken the vibe of the suburb and put that into their latest residential development, Esprit, which adds a new addition to the skyline.

[smartcode_project:default project_id=102921 project_image_fid=172174]

Not your typical high-rise apartment complex. Crowning Esprit is Club Esprit, a unique residential rooftop deck that's designed to promote wellbeing and self-care among its residents.&nbsp;

The centrepiece of Club Esprit is its 25 metre magnesium lap pool, which is surrounded by wet daybeds and poolside cabanas, where residents will be able to lounge by the pool, soak up the sun and take in views of the coastline.

There are also multiple barbecue areas, which gives residents the ability to dine alfresco.

Club Esprit also has a yoga and relaxation play lawn where residents can unwind and stretch, with the lush greenery and serene atmosphere transporting any user to a state of zen.

[smartcode_project:default project_id=102921 project_image_fid=172175]

For those who love to entertain, Club Esprit has a private dining room with a kitchen scullery, bar, lounges, and an outdoor terrace, positioned as the perfect setting for a dinner party or special occasion.&nbsp;

Club Esprit also boasts a rooftop wellness centre that's fully equipped with a Technogym, ice bath, infra-red sauna, steam room, thermal room, and treatment room.&nbsp;

The ice bath, infra-red sauna, and steam room provide the perfect recovery after a workout, while the thermal room is a unique feature that combines different types of heat therapy to improve circulation, boost the immune system, and relieve stress.&nbsp;If you're in need of some TLC, the treatment room is the place to be.

[smartcode_project:default project_id=102921 project_image_fid=172173]

Hutchinson Builders are currently construction Esprit, which is slated for completion by mid-2024.

There will be 94 apartments delivered across the dual frontage site at&nbsp;217-227 Boundary Street,&nbsp;with a mix of two and three-bedroom apartments.

Cottee Parker has designed the apartments, with prices starting from just under $900,000 for a two-bed, two-bathroom and one car space apartment. The three-bedders come with two car spaces at Esprit. They range from $1,915,000 to $2,555,000.

[smartcode_project_cta:default project_id=102921]

Known to locals as 'the island' the idyllic stretch of coastline has long been sought after, due to its laid-back and relaxed atmosphere

Club Esprit: The ultimate rooftop retreat for wellness and self-care

Polycell Property Group has officially launched their collection of 170 two and three-bedroom apartments in Broadbeach, the Gold Coast's lifestyle-rich destination.

The Rochester Broadbeach, a five-star apartment building worth $275 million, sits on a prime 1813 sqm corner block fronting Surf Parade and Britannia Avenue, with the project offering large designer apartments.

Two-bedroom floor plans start at 112 sqm and are priced from $962,000, while three-bedroom apartments start at 156 sqm and are priced from $1.57 million. All apartments at The Rochester Broadbeach will have access to two whole floors of five-star resort and lifestyle amenities, including the Executive Club on level 26.

[smartcode_project:default project_id=112276 project_image_fid=211183]

The Executive Club is a full floor of entertaining areas, including a sky lounge, private and communal dining spaces, a commercial kitchen for catering, and a cellar room with chilled individual wine and whiskey lockers for the secure storage and display of residents' fine wines and liquors.

Above the Executive Club is the Premier Collection of premium apartments, which includes two-bedroom apartments priced from $1,359 million and three-bedroom plus MPR apartments priced from $2.171 million.&nbsp;

Project sales and marketing agency, MOTIV is managing the apartment sales for The Rochester Broadbeach, who have worked through a large number of inquiries since the development application approval was announced.

Founder and CEO Carly Cottam said her team was not surprised in the high level of interest The Rochester received before the official launch, considering the continued demand for premium properties in Broadbeach.

“The Rochester is perfectly positioned for the luxury homeowner seeking designer apartments within walking distance to the beach and the premium lifestyle hub of Broadbeach, with all its cafes and restaurants,” Cottam said.

“Broadbeach is one of the most sought-after places to live in Australia and The Rochester presents the market with a unique opportunity to own a large, luxury apartment in the heart of it with everything they want and need right on their doorstep."

[smartcode_project:default project_id=112276 project_image_fid=211187]

“A great deal of consideration was given to the apartment design to meet the specific needs of sophisticated property buyers seeking larger, more stylish apartments with floorplans that flow and create space.

“Add to that two whole floors of five-star resort amenity, including a health and wellness centre and an executive club, and you have an unparalleled coastal lifestyle that apartment buyers are desiring.”

Designed by award-winning architectural firm BDA Architecture, the contemporary, sculptural design and elegant interiors of The Rochester Broadbeach compliments the natural coastal beauty and buzzing city vibe of Broadbeach.

Position on the corner of Surf Parade and Britannia Avenue, residents will be within walking distance of one of the Gold Coast’s best beaches and premier destinations of Pacific Fair, Star Casino and Gold Coast Convention Centre.

The 39-level building will also be energy efficient and environmentally friendly, including 17 docking stations in the basement car park for charging electric vehicles.

Level four of The Rochester is dedicated to an expansive health and wellness centre, incorporating a state- of-the-art gym, dry and wet saunas, a cold bath and yoga lawn, while an outdoor podium with a lap pool, a second leisure pool, heated spa, sun decks, barbecues and alfresco dining areas offering sweeping views of the Pacific Ocean out to the Gold Coast hinterland.

The Rochester Broadbeach Project Director Graham Goldman, Managing Director of Eastview Australia, said the development team was pleased to now be releasing this collection of luxury apartments to the market for the first time.

“In collaborating with our award-winning design team, we have created a modern and timeless apartment building that maximises the site’s prime lifestyle position in the heart of Broadbeach,” Goldman said.

[smartcode_project:default project_id=112276 project_image_fid=211186]

“The result is an elegant, coastal-inspired style of natural stone and timbers with premium quality fittings and finishes and high-end appliances. The spaciousness is further accentuated by high ceilings in all apartments; just under 2.8 metres in the living areas and bedrooms and 2.5 metres in the bathrooms.

“Polycell and EastView have spent a great deal of time working on plans for The Rochester to get it just right, making sure we cater for residents of today, as well as the future, by including extra features we know will matter.

“We are pleased to now be in a position to present the market with this collection of premium quality apartments and with demolition well underway we look forward to the many milestones that will be achieved in the delivery of The Rochester.”

More information on the apartments at The Rochester Broadbeach can be discovered at the Sales Gallery, located at 6/20 Queensland Avenue, open by appointment for exclusive walkthroughs and personalised consultations.

The Rochester Broadbeach Display Gallery showcases a kitchen, the luxury finishes and an architectural model of The Rochester, taking purchasers on a journey through the selection of residences, variety of floorplans, interior styling options and five-star lifestyle facilities.

[smartcode_project_cta:default project_id=112276]

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