<a href="https://www.apartments.com.au/developers/far-east-consortium">Far East Consortium</a> is preparing to commence construction on <a href="https://www.apartments.com.au/new-apartments/640-bourke-street-melbourne-640-bourke-street-melbourne-vic-3000">640 Bourke Street</a> this October, marking the next milestone for the Melbourne CBD development and its higher-end Eliza Collection.

Spanning levels 44 to 68 of the 68-storey <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a>-designed tower, the Eliza Collection has been conceived as a lower-density offering within the broader development, with only five apartments on each floor, dedicated lift access and a collection of resident spaces reserved exclusively for Eliza Collection residents.

The Eliza Collection forms part of Far East Consortium's broader move toward larger-format residences at 640 Bourke Street, where the number of apartments was reduced from earlier plans as apartment sizes increased.

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"What it's meant for 640 Bourke is we've actually reduced the number of apartments. We've increased the overall size of the apartments. We don't have any studios in here, and what that does for a project is it elevates it," Far East Consortium Director of Sales and Marketing Lauren Sheldon said.

Rothelowman Associate Jun Chang said the design process provided an opportunity to create more generous floorplans.

"We were given the opportunity to be more generous. The apartments became bigger and squarer than any other apartments which had been designed in the CBD before that."

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That thinking carries through to the Eliza Collection, where the residences have been designed around the space and functionality associated with a larger home, but positioned high above the centre of Melbourne.

Kitchens are equipped with Gaggenau appliances, a butler's pantry, temperature-controlled wine cabinet and sculptural pendant lighting, while engineered timber flooring, stone and porcelain finishes and custom cabinetry feature throughout the broader interiors.

Privacy and security are another point of distinction. Eliza Collection residents have dedicated lift access, while 640 Bourke Street will provide concierge services and secure resident parking. Short-stay accommodation, including Airbnb, will not be permitted within the development.

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Eliza Collection residents will also have exclusive access to selected amenity spaces across levels one and three of the restored Eliza Tinsley building. These include the Salon with grand piano, an art therapy room, private dining rooms and treatment rooms.

They sit within more than 3,000 sqm of amenity planned across 640 Bourke Street, alongside facilities including a pool, gym, whisky lounge and further social and wellness spaces.

The Eliza Tinsley building itself is central to the wider project's identity. Rather than treating the existing Eliza Tinsley façade as a separate element, Rothelowman used it as a starting point for the architecture of the new tower, with the historic building to accommodate the project's gallery and lobby.

"It's a significant asset and wants to be celebrated and experienced by all residents every single time they go in and out of the building," Rothelowman Principal Stuart Marsland said.

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The tower will rise behind the retained heritage building at 640 Bourke Street, placing residents within walking distance of Southern Cross Station, Flagstaff Gardens, Queen Victoria Market and the Docklands waterfront.

With construction scheduled to begin in October, Far East Consortium has established an onsite display gallery at 640 Bourke Street, including fully built apartments that allow the project's layouts, materials and finishes to be inspected at full scale.

A fully built Eliza Collection apartment is also available to view at the display suite by appointment ahead of the planned October construction commencement.

Eligible purchasers who buy before construction commences can secure the full available off-the-plan stamp duty savings, subject to eligibility and applicable conditions.

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Joel Robinson

Far East Consortium brings Eliza Collection to 640 Bourke Street ahead of October construction start

By the time S&amp;S Projects began planning <a href="https://www.apartments.com.au/new-apartments/radia-rainbow-bay-271-boundary-street-coolangatta-qld-4225">Radia</a>, the developer already had three Rainbow Bay projects from which to draw.

Flow, Awaken and Esprit had given <a href="https://www.apartments.com.au/developers/ss-projects">S&amp;S Projects</a> experience developing in the southern Gold Coast enclave, as well as buyer feedback that could be carried into its fourth project, a boutique collection of 38 residences at 271 Boundary Street.

“We have experienced a lot of success in this location and as this was our fourth building we had taken all of the learnings and buyer feedback from previous projects to arrive at a design and apartment mix that we believe had captured all of that experience and remained a true S&amp;S Project in its design and amenity,” the developer said.

That experience has translated into a collection of two, three, four and five-bedroom residences including two penthouses positioned on an elevated corner in Rainbow Bay, where the site opens to multiple coastal view corridors and the area's distinctive north-facing bay.

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S&amp;S Projects says the Boundary Street site took years to assemble, having previously comprised six units, a house and a duplex. The developer worked individually with the existing owners to bring the properties together after an earlier attempt to sell the site had been complicated by the number of parties involved.

“We are constantly looking for properties that meet our brand standards of location, views, and sites that are rare with unique aspects that we can develop to maximise the lifestyle of residents who live in our buildings,” S&amp;S Projects said.

The Boundary Street site gave <a href="https://www.apartments.com.au/architects/cottee-parker-architects">Cottee Parker</a> a different set of conditions to work with.&nbsp;

“Our design brief was to design a building that took advantage of its unique elevated corner siting offering a range of spectacular view corridor opportunities,” Cottee Parker said.

“The design had to reinforce the strong brand pillars of S&amp;S which are quality, luxury and superior resident amenity.”

[smartcode_project:default project_id=140491 project_image_fid=284543]

Cottee Parker responded with a sculptural floorplate and strong horizontal banding, with continuous balconies and landscaped planters wrapping the building. Operable screens along the balcony edges allow residents to manage light and shade while creating an additional layer of pattern across the facade.

The tower rises above a heavily landscaped podium incorporating the entry lobby and recreational level, while the broader architectural expression takes cues from Rainbow Bay's coastal environment through its organic forms and light material palette.

Cottee Parker says the design has also been developed to complement S&amp;S Projects’ three previous Rainbow Bay developments while retaining its own architectural identity.

Inside, the residences continue that coastal response through two interior schemes centred on warm timbers and neutral tones, alongside patterned natural stone and fluted detailing.

Floor-to-ceiling sliding glass doors connect open-plan living areas to wraparound balconies, while natural stone is used across benchtops, splashbacks and bathroom walls. Specifications also include light-washed timber flooring, gas fireplaces, integrated bar and wine fridges, freestanding stone baths and 100 per cent wool carpet.

[smartcode_project:default project_id=140491 project_image_fid=284559]

Cottee Parker Director Sandra Brown said the intention was to create an architectural response closely connected to its surroundings.

“Imagine architecture that breathes with the rhythm of nature, where every curve and line flows seamlessly – creating spaces that dance with the elements, where sunlight kisses every surface and the gentle sea breeze fills every space,” Brown said.

The lessons S&amp;S Projects carried into Radia also extend to its resident amenity, with a substantial collection of shared facilities planned for just 38 residences.

A dedicated Residents Club will include a lap pool and spa, gymnasium, ice bath, sauna, steam room and hot rocks sauna. A residents' lounge, private dining room, outdoor dining and barbecue area and business centre are also planned, along with storage and dedicated surfboard and beach lockers.

S&amp;S Projects Founding Director Paul Gedoun said the facilities were also designed around the project's Rainbow Bay setting.

“Each amenity is designed to capitalise on the lifestyle of Rainbow Bay, ensuring residents can enjoy the relaxed coastal experience the enclave is famous for,” Gedoun said.

[smartcode_project:default project_id=140491 project_image_fid=284555]

<a href="https://www.apartments.com.au/project-marketer/pezet-matheson">Pezet Matheson</a> says purchasers to date have predominantly included local downsizers, interstate lifestyle investors and families, alongside a strong contingent of repeat S&amp;S purchasers.&nbsp;

According to the project sales team, feedback has centred on the natural stone and joinery, generous floorplans, natural light and the ability for residences to capture views in multiple directions. The completed Flow, Awaken and Esprit developments have also provided prospective purchasers with an existing reference point for S&amp;S Projects' delivery in Rainbow Bay.

There has also been interest from high-profile surfers and people connected to the surf community, with the elevated building providing outlooks towards several of the area's recognised surf breaks.

Radia continues S&amp;S Projects' concentration of development in a tightly held part of the southern Gold Coast, close to Rainbow Bay Beach, Snapper Rocks, Duranbah Beach, Greenmount Beach and the Tweed River. The neighbourhood also includes a growing collection of hospitality venues, while Coolangatta Airport provides connections beyond the southern Gold Coast.

Hutchinson Builders is now delivering Radia, continuing the project from early works privately funded by S&amp;S Projects. The $250 million development is expected to reach completion in the third quarter of 2027.

“With our history in Rainbow Bay, we have been fortunate to be heavily involved in how the development landscape has unfolded and this project slides into the property landscape comfortably and will feel like it was always there,” the developer said.

[smartcode_project_cta:default project_id=140491]

How three Rainbow Bay projects shaped S&S Projects' fourth, Radia

Nearly 40 years after <a href="https://www.apartments.com.au/developers/sheida-group">The Sheida Group</a> began working on the northern Gold Coast, the family-owned developer is continuing its involvement in Hope Island with Marina Point Apartments, where apartment scale has been a central part of the development.

Across the 235-apartment waterfront community, the developer has prioritised larger floorplans, substantial open space and marina access, responding to a purchaser base that has predominantly comprised local owner-occupiers and downsizers moving from larger homes.

"Having already delivered Anchorage nearby, we also understood this particular market and how people live here," developer Rick Sheida said.

"<a href="https://www.apartments.com.au/new-apartments/marina-point-apartments-hope-island-66-view-line-terrace-hope-island-qld-4212">Marina Point&nbsp;Apartments</a> gave us the opportunity to build on those lessons and create the next evolution of our work in Hope Island."

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The Sheida Group acquired the Marina Point land around 2018. Its appeal, Sheida says, went beyond having a waterfront address.

"What attracted us was not simply that the site was waterfront, but the way it meets the water," he said.

"It sits at the junction of broad waterways, creating long sightlines, changing views and a sense of movement throughout the day. Its shape also allowed us to orient the buildings outward, improve privacy between residences and make better use of natural light and breezes."

The buildings have subsequently been positioned around the perimeter of the site, allowing most apartments to take in water views while others look across the resort amenity or hinterland. Once all four buildings are complete, approximately one hectare of the site is expected to remain as open space.

The waterfront also provides the potential for up to 50 marina berths, with berths ranging from 15 to 24 metres and options designed to accommodate wider vessels including catamarans. Access from the marina to the Gold Coast Seaway is bridge-free.

[smartcode_project:default project_id=136992 project_image_fid=293149]

The developer says purchasers to date have predominantly been owner-occupiers and downsizers from <a href="https://www.apartments.com.au/new-apartments/marina-point-apartments-hope-island-66-view-line-terrace-hope-island-qld-4212">Hope Island</a> and elsewhere on the Gold Coast, generally aged between 45 and 70. Many have sold larger family homes or properties requiring significant upkeep.

That purchaser profile informed a design brief centred on retaining the space and functionality of a larger home within an apartment format.

"Many of our buyers are coming from large, well-appointed homes in Sanctuary Cove and the surrounding area," the project team said.

"They are accustomed to generous spaces and thoughtful design, so it was important that the apartments delivered the same sense of comfort and functionality.

"Every room needed to feel well proportioned, every space needed a clear purpose and nothing could feel compromised."

Residences range from 139 sqm through to 319 sqm penthouses, with two car spaces provided to apartments and three to penthouses. Minimum 2.7-metre ceilings, floor-to-ceiling glazing, entertainer's kitchens with butler's pantries, substantial storage and balconies ranging from 18 sqm to 37 sqm further reflect the emphasis on space.

One purchaser from Sanctuary Cove has taken the concept further, combining two of Marina Point's largest apartments to create a 552 sqm residence with raked ceilings reaching up to 4.5 metres.

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With Building 1 now complete, the developer is also seeing its original design assumptions tested against purchaser feedback.

Three completed display residences allow prospective purchasers to compare apartment sizes, layouts, finishes and outlooks in person. The sales team says one of the most consistent responses has been to the scale of the apartments, with visitors describing them as feeling more like homes than conventional apartments.

The first stage of resident amenity is also operational, including a 25-metre heated lap pool, Technogym-equipped gym, infrared sauna, golf simulator and yoga room. Future facilities are set to include a resort-style pool and spa, waterfront barbecue area and a residents' lounge with a library, fireplace, pool table, kitchen and bar.

Rather than treating the four buildings independently, the design brief called for a complete waterfront neighbourhood, balancing private residences with landscaping, open space, marina access and shared amenity.

[smartcode_project:default project_id=136992 project_image_fid=293152]

For Sheida, Marina Point Apartments is ultimately an extension of the developer's longer-term involvement in Hope Island and its view of how the suburb is evolving.

"We were equally interested in the long-term future of Hope Island," he said.

"Its position between Brisbane and the central Gold Coast gives residents access to both, while improving transport connections are making the northern Gold Coast increasingly attractive as a permanent place to live."

Hope Island Marketplace is 1.3 kilometres from Marina Point, while Sanctuary Cove and Paradise Point are within six kilometres. Links Hope Island, The Pines and The Palms golf courses are also nearby, and the new Hope Island train station is under construction around five kilometres from the development.

Building 2 is under construction, with completion scheduled for 2027.

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Marina Point Apartments continues The Sheida Group's 40-year Hope Island story

Sydney-based fund manager and developer EG is seeking to turn part of the former Roche pharmaceutical campus in Cromer into a 130-home residential community, introducing a mix of low-rise apartments, townhouses and duplexes to the tightly held Northern Beaches market.

The SJB-designed masterplan has been prepared for the 3.2-hectare site at <a href="https://www.apartments.com.au/new-apartments/100-south-creek-road-cromer-nsw-2099">100 South Creek Road</a>, part of the former Roche landholding that EG acquired for $55 million in 2017 through its Yield Plus Infrastructure Fund No. 2.

EG is proposing what SJB describes as a new "urban village" set within the site's significant existing tree canopy.

<img alt="Cromer" data-entity-type="file" data-entity-uuid="482c9a58-49f1-4c53-a12e-aaa02336229f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-24%20at%2011.20.57%E2%80%AFAM.png?VersionId=hZP8_XfPnfNq500dbcjlpVwYU1ebhF9_" />

Around three hectares of the site is considered developable, with the balance incorporating a riparian corridor that would be rehabilitated and revegetated as part of the proposal.

The indicative masterplan comprises approximately 72 apartments in low-rise residential buildings and another 58 townhouses and duplexes.

The apartment component would include around five one-bedroom, 37 two-bedroom and 30 three-bedroom residences, while the townhouse and duplex component would be spread across several different housing typologies. The overall scheme would deliver around 19,500 sqm of gross floor area at an FSR of 0.6:1.

Parking for the apartment component is currently estimated at around 112 resident spaces and 14 visitor spaces, while the townhouse and duplex component would have 116 resident and 12 visitor spaces.

A significant part of the masterplan revolves around retaining the established landscape character of the former Roche campus.

SJB's plans show heavily treed setbacks along both Campbell Avenue and South Creek Road, a centrally located collection of significant native and exotic trees retained as communal open space, and the regeneration of the northern bushland area.

The existing creek corridor along the site's western edge would also be rehabilitated and revegetated, creating additional separation between the new homes and the neighbouring Northern Beaches Business Park.

A heritage-listed cottage and its garden setting would be retained and restored, with SJB flagging its potential adaptive reuse as communal space.

The proposal also includes new communal recreation areas, pedestrian connections to Campbell Avenue and South Creek Road, and a contribution toward improvements to the adjoining Michele Reserve.

Vehicular access would be restricted to South Creek Road, with no vehicle entry proposed from Campbell Avenue. The main internal road would largely follow the site's existing driveway to minimise the impact on established trees.

SJB said residential redevelopment presented an opportunity to retain the majority of the site's heritage-listed mature trees while delivering a broader range of housing types than typically seen across the Northern Beaches.

"The site being 3.27 hectares in area represents one of the largest vacant sites in common ownership in the Cromer and Dee Why area capable of residential renewal," SJB noted in the masterplan.

The architect said the proposal would particularly target housing diversity through townhouses and other "missing middle" typologies suitable for singles, young families, downsizers and retirees.

<img alt="Cromer" data-entity-type="file" data-entity-uuid="e3f5d841-8491-427e-8ada-c70d3d03d6bc" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-24%20at%2011.21.02%E2%80%AFAM.png?VersionId=xTV7r.q8lrTzC9vKzMS9zMbjm9wKwhgm" />

The site emerged following the subdivision of the former Roche campus into eastern and western parcels.

EG has already transformed the western portion into the Northern Beaches Business Park, which incorporates heritage-listed office space, modern warehouses and indoor recreation facilities.

The proposed residential community, referred to as Cromer East in SJB's plans, adjoins established housing to the north, east and south-east, while the business park sits beyond the creek corridor to the west.

It is also within 250 metres of Pittwater House School and Northern Beaches Secondary College, while bus stops within a three-to-five-minute walk provide connections to Dee Why, Brookvale and express services to the Sydney CBD. Cromer Park and the South Creek open space corridor are also nearby.

EG acquired the broader 7.5-hectare former Roche campus in 2017 for $55 million through its Yield Plus Infrastructure Fund No. 2. The campus at the time comprised more than 25,000 sqm of industrial and office buildings set within landscaped grounds.

The current residential site represents the eastern portion of that original holding.

EG's investment strategy for the fund has centred on acquiring income-producing real estate with longer-term rezoning and repositioning potential, particularly assets benefiting from infrastructure and changing land-use patterns.

EG also has an established residential track record across Sydney, including Bosco in Five Dock, Tempo in Drummoyne, The Flour Mill in Summer Hill and Pindari in Randwick.

The developer says it has delivered more than 1,000 homes to date, with a further 3,000-plus residences across its development pipeline.

First look: EG plans 130 apartments on former Roche pharmaceutical campus in Cromer

<a href="https://www.apartments.com.au/developers/s-p-setia">SP Setia</a> has lodged plans for a $750 million, three-tower mixed-use precinct that would complete the long-running redevelopment of Carlton's former Carlton United Breweries site.

The proposal at <a href="https://www.apartments.com.au/new-apartments/185-195-queensberry-street-carlton-vic-3053">46-78 Bouverie Street and 185-195 Queensberry Street</a> spans a 6,468 sqm site, the last remaining undeveloped parcels within the former brewery's 2007 masterplan.

Designed by <a href="https://www.apartments.com.au/architects/cox-architecture">COX Architecture</a>, the development will comprise two purpose-built student accommodation towers and a third build-to-sell apartment tower above a shared commercial podium and basement.

Across the three towers, SP Setia is proposing 606 build-to-sell apartments and 1,499 student accommodation units containing 2,009 beds.

The apartments will sit in the tallest tower, which will rise nearly 200m and 55 storeys. It will become&nbsp;one of the more substantial new build-to-sell apartment projects at the northern edge of Melbourne's CBD.

The apartment mix is weighted toward smaller inner-city product, with 188 studios, 206 one-bedroom apartments, 192 two-bedroom apartments and 20 three-bedroom apartments

<img alt="First look: SP Setia plans three-tower finale for Carlton’s former CUB precinct" data-entity-type="file" data-entity-uuid="8271bc87-1b0a-41b7-ac73-a425ee375261" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/3_2.png?VersionId=G4lw23o90B1boX4k4dj7rdz2ZEajS9wy" />

Part of the precinct will be a large-scale&nbsp;3,684 sqm supermarket and a further 2,198 sqm of speciality retail, creating close to 5,900 sqm of new commercial space within the precinct.

But one of the biggest components of the proposal is what sits between the buildings.

Around 4,650 sqm, or roughly 72 per cent of the site, will be publicly accessible open space, incorporating plazas, pedestrian connections, landscaped laneways and retail spill-out areas.

The ground plane is intended to finally complete pedestrian connections envisaged when the CUB masterplan was first approved nearly two decades ago, stitching together Victoria Street, Queensberry Street, Bouverie Street and Swanston Street through the former brewery precinct.

Urbis said the development would "complete the CUB precinct", with the public realm providing important north-south and east-west connections through what is currently the final undeveloped portion of the masterplanned site.

SP Setia is also exploring a new linear park within the Bouverie Street road reserve, with the concept to be developed further with the City of Melbourne through the planning process.

The proposal is being pursued through the Victorian Government's Development Facilitation Program under Clause 53.23 for significant residential development with affordable housing.

The planning report acknowledges the proposed heights exceed those contemplated under the original Comprehensive Development Plan and masterplan, but argues the built-form context has changed considerably over the past two decades.

Urbis said the three towers would instead create a stepped transition between Carlton and the Hoddle Grid, rising progressively from the 94.1-metre Tower One along the Queensberry Street edge to the 199.44-metre Tower Three closer to the established CBD-scale buildings to the south.

<img alt="SP Setia" data-entity-type="file" data-entity-uuid="e885a07a-592c-40fc-bf82-e6dbaf32da54" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-21%20at%208.52.24%E2%80%AFAM.png?VersionId=7s_ErUkSKAdY1mAWp3GRZgMNCGtwhk5m" />

SP Setia plans to deliver the development across three stages.

Stage One would deliver the basement, podium and retail areas for the entire precinct alongside the first student tower. Tower Two would follow in Stage Two, before the 606-apartment Tower Three is delivered as the final stage.

If approved and delivered, the project would close out a redevelopment process that has been underway since the former brewery masterplan was approved in 2007, adding more than 2,600 student beds and apartments to a precinct already home to Swanston Central, the Barak Building, RMIT Design Hub and several large student accommodation developments.

&nbsp;

&nbsp;

SP Setia plans three-tower finale for Carlton’s former CUB precinct

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?

A prime inner city development site with uninterrupted views of the CBD and development approval for a 12-storey residential apartment complex has been sold.

After a competitive expressions of interest sales process, the corner site consisting of three lots, 37 Leichhardt Street as well as 8 and 10 Downing Street, was sold to ACT based Addval Developments.

Colliers Director Investment Services Nick Wedge said the property represented one of the best ‘infill’ residential development sites, in the tightly held and highly sought-after suburb of Spring Hill.

“With development approval in place for 15 luxury residential apartments over 12 levels, with the refurbishment of the existing heritage dwelling on site, this provided a great investment opportunity,” Wedge said.

“We had a lot of interest in the site due to the exceptional demand for established and new housing in Brisbane."

“Based on historical demand and likely anticipated supply, Inner Brisbane will experience a shortfall of 16,000 new apartments over the next four years," he added.

Colliers National Director Investment Services Hunter Higgins said Spring Hill was one of Brisbane’s premier inner city suburbs with unmatched locality through its connectivity to amenity including Brisbane CBD, Roma Street Parklands and Train Station and two major private hospitals and schools.

“Opportunities to develop boutique apartment or townhouse projects on the doorstep of the CBD are exceptionally rare,” Higgins said.

“This site presented an unrepeatable development opportunity, especially with market conditions continuing to improve and opportunities like this virtually non-existent."

“Both the established and new housing markets have seen exceptional demand and increased pricing across Brisbane."

“This coupled with the site-specific attributes will result in premiums being paid for the end user product,” Higgins added.

Colliers Residential Site Sales Executive James Matley said located less than one kilometre from Brisbane’s CBD this site provided a great opportunity for the purchaser.

“While it already has development approval for residential units, it is zoned as mixed-use one, allowing for a range of development outcomes," Matley said.

“The zoning provides opportunities including residential, mixed use, retirement/aged care, build to rent, student accommodation, office, a hotel or serviced accommodation, commercial, medical, retail as well as child care, all subject to council approval."

Colliers Director Investment Services Nick Wedge said the property represented one of the best ‘infill’ residential development sites, in the tightly held and highly sought-after suburb of Spring Hill

Addval Developments pay $5.1 million for Spring Hill apartment development site

Architect-developer Joe Adsett has officially commenced construction on his Sunshine Coast oceanfront development, Lagune Moffat Beach.

The five-level building, which comprises just five full-floor apartments, will feature never-to-be-built-out views across the ocean given its dress circle Queen of Colonies Parade location.

Only two apartments remain in the building, with prices starting from $5.1 million.

The boutique project will feature two pools, one a private pool in one of the apartments and the other a resident pool. Each apartment will have four bedrooms, a central courtyard, direct lift access, wrap around balconies, and full height glazing to take advantage of the views from&nbsp;Moffat Beach to Point Cartwright. Even the smallest apartment offers nearly 300 sqm of living space.

[smartcode_project:default project_id=111876 project_image_fid=210036]

“Lagune Moffat Beach showcases a huge milestone for the Joe Adsett team, as we continue to design and deliver house-sized sky homes to north facing beachfront living” Joe Adsett said.

“The uniqueness of the location is all to do with the natural beauty that’s afforded by a north-facing beach where you get these rocky outcrops, beautiful headlands and great surfing breaks."

[smartcode_project:default project_id=111876 project_image_fid=210035]

Luxury Noosa builder Archend will handle the build.

Archend Director Alex Hansen said the company is excited to be partnering with the Joe Adsett team to deliver this prestigious development.

The construction commencement is Adsett's second in as many months.

In April, Tomkins Commercial kicked off the build of&nbsp;Rockpool Rainbow Bay, Adsett's first Gold Coast apartment development. That too will offer&nbsp;never-to-be-built-out views, to Rainbow Bay and Snapper Rocks, from its Marine Parade position.

The $100 million project will comprise 21 high-end apartments, of which 80 per cent are sold.

Read more:&nbsp;<a href="/news/qld/construction-commences-at-joe-adsetts-rockpool-rainbow-bay">Construction commences at Joe Adsett's Rockpool Rainbow Bay</a>

“Lagune Moffat Beach showcases a huge milestone for the Joe Adsett team, as we continue to design and deliver house-sized sky homes to north facing beachfront living” Joe Adsett said.

Joe Adsett to begin build of luxury Moffat Beach apartment project, Lagune

Labrador is set to lose another holiday resort in another attempt to narrow the supply v demand imbalance on the Gold Coast.

The latest plans submitted to the Gold Coast City Council are a little different to the former Sandy Point Resort, which was converted by its owners, McDonald Industries, into the Park Shore apartment development within the same building envelope.

On the chopping block is the&nbsp;Golden Shores Holiday Club at 210 Marine Parade, which is set to be demolished to make way for a 25-level tower with 85 new apartments, the same number Golden Shores Holiday Club currently has but across three levels.

Proposed are 49 two-bed apartments, 14 ofwhich will have a multi-purpose room. The smallest two-bedders start from 80 sqm.

There will be 35 three-bedroom apartments, all with MPR's, and a full floor, 458 sqm penthouse with five bedrooms, each with an ensuite and walk in wardrobe, a theatre room, two living areas, and a wine cellar.

There will be no more than five apartments per floor.

BDA Architecture wrote in their design statement that the&nbsp;site is located in the high density precinct of Labrador and it will contribute residential uses to an area targeted as a future growth corridor.

To be the first to hear when 210 Marine Parade hits sales, <a href="/new-apartments/210-marine-parade-labrador">enquire here</a>

<img alt="210 Marine" data-entity-type="file" data-entity-uuid="92678ea4-d674-4ee9-98ef-790cb904568a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-05-24%20at%208.57.00%20am.png?VersionId=ckWfV.rnm4DgMWbxv.giB6hq8WNHXbI1" />

"As designed, the project will provide a memorable sculptural residential tower, that will enhance the emerging Broadwater precinct.

"The&nbsp;architecture of the proposed development is inspired by its coastal location, with strong vertical and horizontal forms and natural tones."

BDA says the tower has been broken up into three distinct areas.

"The ‘base’ is a highly detailed and landscaped entry / podium, which grounds the tower into it’s natural context.

<img alt="210 Marine" data-entity-type="file" data-entity-uuid="0812e356-2bd2-41de-9cda-2cf0dfc55e75" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-05-24%20at%208.57.39%20am.png?VersionId=omXg3cnQ8YSGmeJDZO1uNzEXFpArCU7b" />

"The ‘middle’ is a series of vertical blades walls, horizontal slab projections, picture frame windows and recessed elements, including full height glass sections and generous balconies.

"The ‘top’ is composed as a series of communal spaces, highlighted by large expressed floating roofs, effectively capping the building.

"With all three areas combined, the overall tower form is cohesive and an elegant addition to the Labrador skyline."

<img alt="210 Marine" data-entity-type="file" data-entity-uuid="12fb4a11-e661-4a1b-912a-16f06172d983" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-05-24%20at%208.57.21%20am.png?VersionId=wZ255HCrEno_MVJwHFHQV59BuFLjC2S_" />

All apartments will have glimpses towards Broadwater because of the towers slender form. The building fans out towards the rear, which allows even the apartments at the back of the building to take in water views.

The 24th level rooftop will home the resident amenity, including a&nbsp;swimming pool, lounge and kitchenette spaces, and a gym. There will be 125 resident car spaces and 31 bicycle spaces.

The application seeks to tap into the 50 per cent building height uplift, which allows for a maximum height of 79.5 metres to be achieved over the 1,546 sqm site which has a 30 metre frontage to Marine Parade.

<img alt="210 Marine" data-entity-type="file" data-entity-uuid="81a566a7-628e-417f-80e7-317764cd5dc9" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-05-24%20at%209.29.05%20am.png?VersionId=w6Kjmdh0iWUylSbABfKb2r.0sRnPTypx" />

The neighbouring Windsong Apartments was cited as a comparable tower at 15 levels, as was the 22-level Lumiere Private Residences at 230 Marine Parade.

"The surrounding density of this exceptional site suggests it is the perfect location for the proposed development," the town planning report by Zone noted.

There is the provision for short-term accomodation, but Zone suggest that's just so future apartment owners can rent their apartments as a holiday let if they wish.

To be the first to hear when 210 Marine Parade hits sales, <a href="/new-apartments/210-marine-parade-labrador">enquire here</a>

BDA Architecture wrote in their design statement that the site is located in the high density precinct of Labrador and it will contribute residential uses to an area targeted as a future growth corridor

First look: Golden Shores Holiday Club to become new apartment tower

Palm Beach is renowned for its pristine beaches, vibrant dining scene, and natural beauty. Set to be nestled in the heart of the coastal community is Eva Tenth Avenue, a small boutique development that weaves together the tapestry of the evolving story of the area.

It's being developed by fifth generation Chippendale family member Daniel Chippendale, whose family has long lasting roots in the area.

Chippendale set out to offer the ideal environment for families seeking to establish lasting roots and become part of the fabric of Palm Beach.

“The inspiration behind Eva Tenth Avenue is about creating homes that allow others to share in the beauty of Palm Beach,” Chippendale said.

[smartcode_project:default project_id=108429 project_image_fid=193745]

“We’re proud of our family history and wanted to reflect our legacy in creating a beautiful product to pay homage to the local area.

“My family has been here for generations and we have created many wonderful memories on the coast. We want to share a part of our family history with others to help them create their own memories.”

EVA will home 48 one, two and three-bedroom apartments, which will provide residents with a coveted beachside lifestyle just steps away from the golden sands.

Designed by BDA Architecture to embrace the natural beauty of the surroundings, each apartment at EVA has been crafted with an intuitive flow of the spaces, creating a seamless connection to the Pacific Ocean.

A timeless material palette, featuring elements such as white brick, coloured concrete, timber screening, and VJ paneling, adds depth and richness to EVA, contributing to a layered coastal effect.

[smartcode_project:default project_id=108429 project_image_fid=193746]

The nine-level building will feature amenity area on the ground floor, encompassing a pool, communal lounge area, gymnasium, yoga lawn and a BBQ area surrounded by lush sub-tropical landscaping.

With a prime location within Palm Beach's burgeoning dining and retail precinct, residents will be in proximity to an array of restaurant options, along with local boutiques and cafes.&nbsp;

Of course, the true allure of EVA lies in its proximity to the beach, allowing residents to fully embrace coastal living.

[smartcode_project:default project_id=108429 project_image_fid=193749]

Eva is also positioned between two natural estuaries, Tallebudgera Creek and Currumbin Estuary, with the idyllic setting presenting endless opportunities for water activities, from paddle boarding and kayaking to fishing and picnicking by the water's edge.

One-bedroom apartments, which start at a generous 69 sqm, are priced from $650,000.&nbsp;The two-bedders range in size from 95 sqm to 106 sqm and start from $850,000, topping out at just over $1 million.

The three-bedroom apartments cover an expansive 208 sqm and are priced from&nbsp;$2.25 million.&nbsp;

[smartcode_project_cta:default project_id=108429]

EVA will home 48 one, two and three-bedroom apartments, which will provide residents with a coveted beachside lifestyle just steps away from the golden sands

EVA Tenth Avenue: Where coastal living meets lasting roots

Brick Stone Development is aiming to complete construction of Kokomo Gold Coast, their rare new development in Carrara, by the end of the year,

They're anticipating completion of the two six-level buildings in December, with buyers of the two and three-bedroom apartments set for move in shortly after.

[smartcode_project:default project_id=21610 project_image_fid=187039]

Located on Nerang Broadbeach Road fronting the Nerang River, Komomo Gold Coast boats 75 metres of prime main river frontage, a frontage taken advantage of with communal waterfront pavilions and a resident jetty.

The two buildings, dissected by a central swimming pool set in two hectares of tropical landscaping, have a total of 66 apartments. A handful of the apartments, located at the end of each building, have gun barrel views over the water.

[smartcode_project:default project_id=21610 project_image_fid=187045]

The remaining two-bedroom apartments start from $853,000. They span 141 sqm and have two bathrooms and a parking space.

The 156 sqm three-bedroom units are priced at $969,000, and the four-bedroom apartments $2,249,000.

[smartcode_project:default project_id=21610 project_image_fid=187028]

Conveniently situated in the Central Gold Coast region, residents' will benefit from close proximity to a host of amenities.

Within a 10-minute drive, residents can revel in the retail therapy offered by Pacific Fair, try their luck at the Star Casino, unwind at Broadbeach beach, or indulge in a round of golf at one of the three nearby golf courses.&nbsp;

[smartcode_project_cta:default project_id=21610]

The two buildings, dissected by a central swimming pool set in two hectares of tropical landscaping, have a total of 66 apartments

Construction to wrap on Kokomo Gold Coast late in the year

Queensland's population is set to experience significant growth in the coming years, according to recent data from the Centre for Population. With expectations of a growth rate exceeding 16 percent by 2032, the spotlight is on Greater Brisbane as it emerges as the frontrunner for population expansion within the state.

The surging demand for housing across most parts of the city, coupled with the explosive population growth witnessed throughout 2021 and 2022, has laid a solid foundation for a robust property market.

Brisbane continues to outperform many other cities across the country, thanks to the prevailing undersupply of homes in the region.

And with Brisbane securing the opportunity to host the 2032 Olympic and Paralympic Games, the property market is poised for further growth and investment opportunities in the years ahead.

With the market only heating up, we've wrapped up the top inner city developments on offer that are priced under $1 million.

<h2>Allere Collection, West Village</h2>

<h2>Address: Mollison Street, West End</h2>

<h2>Developer: Sekisui House Australia</h2>

<h2>Prices from: $825,000</h2>

The Allere Collection in Sekisui House Australia's multi-award winning West End development, West Village&nbsp;

The Allere Collection is now over 75 per cent sold, and is one of the last opportunities to buy in West Village, which has formed the new focal point of the West End precinct in South Brisbane.

[smartcode_project:default project_id=114215 project_image_fid=210749]

Comprising two vertical communities, Uno and Duo, the 203-apartment The Allere Collection was released to the market off the back of the group's previous sold out building in the precinct, Altura.&nbsp;

Fronting Mollison Street, the apartments have been designed by renowned architect Rothelowman, with Uno comprising 94 residences and two levels of commercial space, and Duo, set above the West Village retail precinct, homing 109 apartments to a design which Rothelowman describe as "a bold and classic take on the quintessential Queenslander."

[smartcode_project:default project_id=114215 project_image_fid=204857]

Loacted in the Duo tower, the two-bed apartments begin from&nbsp;$825,000, set across 97 sqm with two-bathrooms and one car space,&nbsp;

Residents within the Allere Collection will have the benefit of enjoying double the amenity, with shared access to both Uno and Duo rooftops.

Crowning the Uno tower will be a pool, enclosed dining space, seating areas, a vegetable garden, conservatory, as well as ‘Paw Pavilion’ - an off leash dog space on the rooftop. Topping Duo will be a pool, heated spa, enclosed lounge room and dining space, along with outdoor barbecue facilities and sun loungers.&nbsp;

<h2>Project: 33 Manning</h2>

<h2>Address: 33 Manning Street, Milton</h2>

<h2>Developer: Goldfields Group</h2>

<h2>Prices from: $695,000</h2>

National developer Goldfields' first foray into the Brisbane off the plan apartment market has been a successful one.

Their debut project, 33 Manning in Milton, is now over 50 per cent sold having only launched earlier this year.

[smartcode_project:default project_id=108736 project_image_fid=209692]

Designed by renowned architects Rothelowman, 33 Manning pays homage to the classic Queenslander home. It offers residents the scale and function of the traditional Sunshine State home, aligned to Brisbane’s subtropical climate and transformed for contemporary high-rise living.

Goldfields CEO Lachlan Thompson said demand for 33 Manning has been strong since launch as Brisbane continues to battle undersupply and lower vacancy rates.

There are a number of two-bedroom options at 33 Manning that clock in under the $1 million mark, with prices beginning from&nbsp;$695,000. Even the two-bedroom apartments sit under the $1 million mark ($995,000), and they have a separate study space.

According to Andrew Scriven, Managing Director of Colliers Residential Queensland, the design and architecture of 33 Manning has been a key driver of interest from buyers, alongside its city-fringe location.

[smartcode_project:default project_id=108736 project_image_fid=209941]

Scriven suggested 33 Manning's two-bedroom apartments offer size and aspect, and are the best value in the inner city. He says they could yield almost five per cent for investors&nbsp;given the current rental pressures in Brisbane.

33 Manning also offers Brisbane homebuyers a rare opportunity to buy off-the-plan with a deposit of just $10,000, in conjunction with property-buying platform Coposit.

At no cost to purchasers, the free Coposit app allows buyers to secure an apartment at the current price before paying back the rest of the deposit in weekly instalments during the construction phase.

<h2>Project: Ethereal Residences</h2>

<h2>Address: 97 Swann Road, Indooroopilly</h2>

<h2>Developer: North&nbsp;</h2>

<h2>Prices from: $895,000</h2>

Coloured by an emerald green hue, Indooroopilly is one of the most naturally rich suburbs in Brisbane.

Offering residents the best of both worlds, Indooroopilly sits just 10-minutes from the city, and only seven-minutes from the foothills of Mount Coot-Tha.

[smartcode_project:default project_id=109830 project_image_fid=184163]

Brisbane-based developers North took to the amenity-rich suburb to deliver their latest residential project, in a cross-studio collaboration between the renowned Rothelowman, Carr Design and Form Landscape Architects.

The Swann Road development of just 46 apartments is aimed at the owner occupier, suiting the upsizer, downsizer, and even the first home buyer demographic.

[smartcode_project:default project_id=109830 project_image_fid=184948]

There's a range of two-bedroom apartments coming in below the $1 million club, with prices starting from&nbsp;$895,000. Each comes with two bathrooms and two car spaces, with the pricier two-bedders offering direct street access.&nbsp;

The low-rise building forms are terraced down the hillside to maximise outlook, orientation and privacy, with direct street frontage to Swann Road, Burns Street and Rennie Street.

Ethereal's Sky Terrace crowns the building, with the rooftop retreat equipped with alfresco dining amenities and a swimming pool, all set within verdant landscaping.&nbsp;

<h2>Project: Vivace Apartments</h2>

<h2>Address: 31 Tallowwood Street, Seven Hills</h2>

<h2>Developer:&nbsp;Heran Building Group</h2>

<h2>Prices from: $685,000</h2>

Seven Hills in Brisbane's inner east offers buyers both convenience to the city and an escape to nature.

It's managed to keep its quaint, suburban feel, with little to no population growth over the last decade, with just over 2,000 people calling Seven Hills home, according to the latest census data from the Australian Bureau of Statistics.

[smartcode_project:default project_id=90199 project_image_fid=205365]

There lack of population growth shows there's been little to no opportunity to buy into the already established suburb, with very little new housing options in the owner-occupier-centric market, which is why Heran Building Group's Vivace Apartments has been popular throughout it's time on the market.

Vivace offers both two and three-bedroom floorplans for under $1 million in the tightly held suburb, with the two-bedders priced from&nbsp;$685,000, while the three-bedders begin at&nbsp;$815,000. Each of the apartments feature two-bathrooms as well as two car spaces.&nbsp;

[smartcode_project:default project_id=90199 project_image_fid=205369]

Designed by Heran's internal architect, the Vivace Apartments offer a contemporary design, with a natural colour palette and timber features juxtaposed to stone.

The spacious site provides large balconies and vertical screens for privacy and shading, and contrasts with the high density solutions of the inner city.

Communal spaces are dotted around the site, including a swimming pool, barbecue facilities, a fully-equipped gym, sauna, steam room and communal lounge.

<h2>Project: Adena Residences</h2>

<h2>Address: 15 Alter Street, Wynnum West</h2>

<h2>Developer: Heran Building Group&nbsp;</h2>

<h2>Prices from: $789,000</h2>

Heran has also recently developed in another sought-after Brisbane suburb, with the group taking to Wynnum West for Adena Residences.&nbsp;

Situated in the heart of the suburb, Adena Residences enjoys a prime location just 13 kilometres from the CBD, placing residents within proximity to some of the best Brisbane has to offer.&nbsp;

[smartcode_project:default project_id=109978 project_image_fid=207522]

Adena is another on the list that offers both two and three-bedroom apartments for under $1 million. The two-bedders are priced from $694,000 with the three-bedders from&nbsp;$789,000, each with two-bathrooms and two car spaces.&nbsp;

The open-plan living areas seamlessly connect to private balconies or courtyards, allowing residents to embrace indoor-outdoor living and enjoy the beautiful surroundings.

[smartcode_project:default project_id=109978 project_image_fid=186027]

The apartments feature a range of high-quality finishes throughout, including stone benchtops, European appliances and ducted air conditioning.&nbsp;

Residents will benefit from a suite of amenities within the development, including a pool, sun lounges, a gym with 24 hour access and undercover barbecue terraces. There's also a rooftop crowning the building, complete with a garden, that takes in 360 degree views.&nbsp;

Brisbane continues to outperform many other cities across the country, thanks to the prevailing undersupply of homes in the region

The top five Brisbane off the plan apartments selling for under $1 million in May 2023

Brisbane's unit market continues to go from strength to strength.

There was hardly any downturn felt in the Queensland capital, with lack of supply and continued migration keeping prices firm while its eastern seaboard counterparts suffered near double digit losses over the last year.

Brisbane has actually seen 1.5 per cent growth over the last 12 months, according to CoreLogic. Unit values grew 0.9 per cent across April, the second best performing capital behind Sydney.

The median value of units in Brisbane is now approaching $500,000.

Colliers Director Andrew Scriven, who is handling sales at Consolidated Properties recently launched Monarch Residences in Toowong, says that in an environment of relative uncertainty, enquiry for off the plan apartment projects in Brisbane remains healthy.

[smartcode_project:default project_id=113455 project_image_fid=211496]

"By far the largest group is local owner occupiers who account for approximately 70 per cent of enquiry," Scriven said.

"This cohort consists of downsizers, rightsizers and to a lesser extent first home buyers all being attracted to different products types and locations."

Scriven added that affordability remained an issue for a large portion of the market, with&nbsp;less and less stock available in the sub $700,000 range, however there are good options available for those with larger budgets.

There's also been enquiry grow from investors, who are looking to capitalise on growing yields due to sub one per cent vacancy rates in the inner city.

[smartcode_project:default project_id=113455 project_image_fid=211498]

Developer Dibcorp has timed their Bide, Newstead apartment tower perfectly. They're able to point to an under construction project, which Keenan &amp; Co.'s Fraser Bryne says is now top of the list of questions to ask when enquiring.

"Their first question is 'is the project under construction, and if not, why?'" Byrne says.

"The second question is 'who is the development team and what have they delivered before?'".

[smartcode_project:default project_id=102309 project_image_fid=163977]

Byrne says these are completely understandable requests in the current climate.

"Buyers have access to a vast amount of information nowadays and are often well educated in buying off the plan, so they want full confidence in the project.

"I think these are completely understandable requests and in fact encourage buyers to ask these questions in their search for the right property because if they can be answered with confidence, they should feel comfortable proceeding."

[smartcode_project:default project_id=102309 project_image_fid=163974]

The Longland Street project has benefitted from the tight supply in Brisbane's inner-city, which Bryne says is driving strong buyer demand.

The last residences at Bide have just been released to the market, a collection of two and three-bedroom skyhomes.

Richard Lawrence, Founder and Managing Director at Position Property, says there's a strong imbalance between supply and demand, which isn't likely to change in the immediate future.

"We are heading into new territory in the Brisbane market with the extreme tightening of supply of new product due to more challenging construction costs," Lawrence says.

"Simultaneously, we are seeing high demand.

"Queensland’s population is growing overwhelmingly faster than every other state, with 2,201 people moving to the state each week on average in the past year.

"The majority of this growth split between interstate and international migration, as opposed to natural increase.

"Fundamentally, demand is overwhelmingly outstripping not only current supply, but the short term pipeline of supply.

"Along with this, rental vacancies are at historic lows with yields consistently exceeding the southern states, making the timing perfect for investors to enter the market.

There was hardly any downturn felt in the Queensland capital, with lack of supply and continued migration keeping prices firm while its eastern seaboard counterparts suffered near double digit losses over the last year.

City Beat May 2023: Brisbane unit markets continue growth trajectory as supply tightens

Dibcorp has launched the final release of apartments in their Newstead project, Bide, as construction continues apace.

Nestled in the heart of the suburb, the collection comprises just 12 remaining apartments, which feature two-bedroom residences and three-bedroom sky homes.&nbsp;

[smartcode_project:default project_id=102309 project_image_fid=163978]

The remaining three-bed sky homes span from 121 sqm through to 193 sqm, with two-bathrooms and two car spaces.&nbsp;

WSA and Twohill &amp; James designed Bide with the belief that the spaces we inhabit are vital to a balanced life, from the landscaping to finishes.&nbsp;

Bide represents a new way of inner-city living, complete with a range of special inclusions and an urban green space exclusive for residents to relax, unwind, and even work from home.

[smartcode_project:default project_id=102309 project_image_fid=163984]

Residents of Bide will have access to a variety of amenities, with 600 sqm of facilities spread across two levels. These amenities include BBQ facilities, private cabanas, landscaped areas, and seating throughout.

The Newstead address grants city views, while framed floor-to-ceiling windows allow plenty of natural light to spill into every aspect of the homes.

Perhaps the best aspect of Bide is its central location. Residents will be able to enjoy the convenience of having Gasworks Plaza, James Street, and Newstead River Walk all within a stroll.&nbsp;

Construction is expected to wrap up later this year, with&nbsp;LPS Group handling the build.&nbsp;

[smartcode_project_cta:default project_id=102309]

Bide represents a new way of inner-city living, complete with a range of special inclusions and an urban green space exclusive for residents to relax, unwind, and even work from home

Final collection of residences released in Dibcorp's Newstead apartment development Bide

Balmoral, one of Brisbane's most exclusive residential catchments renowned for its riverfront lifestyle, is set to welcome a new residential precinct.&nbsp;

Local developer Skyhold has had Fender Katsalidis Architects draw up plans for a medium-density development at 91 Lytton Road and 57 Andrew Street.

This site plays a key role in Brisbane’s military history and is considered a significant remnant of the United States Military presence in Brisbane during the second World War.

The project aims to transform the site, which is currently occupied by a church and carpark, into a vibrant community consisting of 181 apartments and townhouses.

<img alt="Render of the proposed Balmoral development" data-entity-type="file" data-entity-uuid="de989e27-f9d1-41fd-9bba-08b258806ecc" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-05-19%20at%203.22.06%20pm.png?VersionId=4HkyE9ruQNZ82ZJysoEp0VIBtjfS52_S" />Render of the proposed Balmoral development. Credit: Fender Katsalidis.

"Our vision for 91 Lytton Road is to repurpose an under-utilised site into a vibrant, medium density residential precinct optimising its existing natural landscape and bringing greenery across the precinct and into the residences spread across the site." Fender Katsalidis said in their Urban Context Report.

"The proposed exterior palette reference responds creatively to subtropical, residential architecture that is local to the greater Brisbane region.

"Architectural forms have been carefully located to maximise views and solar access whilst minimising visual bulk and respecting the scale of existing and future nearby buildings."

Spanning 23,265 sqm, the site's transformation holds great promise for the neighbourhood which is currently closed off to the broader community.

The project involves the demolition of the existing church building to make way for the construction of two rows of townhouses and three medium-density residential buildings. Designed with careful consideration for the surrounding environment, the buildings feature a stepped and horizontal form that mimics the site's steep topography.&nbsp;

A mix of two and three-bedroom apartments and penthouses will be on offer, in addition to seven three-bedroom townhouses and seven four-bedroom townhouses.

The strategic positioning of the buildings takes advantage of the site's topography and maximises favourable outlooks. The arrangement allows for ample northern views, while minimising any potential overlooking onto neighbouring residential housing along Bolan Street and Thorpe Street.

To maintain the area's lush greenery and natural beauty, a deep-planting conservation area measuring approximately 7,000 sqm is proposed along the western edge of the site.

"Taking cue from the diversity of residential neighbourhoods, the proposed development consists of four distinctive approaches to facade expression that address climate attenuation, outlook and privacy to create an architectural identity that is subtropical," FK's reported continued.

"The arrangement of these facade treatments also serves to break down the scale of built mass."

<img alt="Render of the proposed Balmoral development. Credit: Fender Katsalidis." data-entity-type="file" data-entity-uuid="024d1704-deb4-47e3-ad78-a3ce0ab1939e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-05-19%20at%203.23.02%20pm.png?VersionId=Hl9jXTTkIow1oRmEhApUUCvDLr1MzcNB" />Render of the proposed Balmoral development. Credit: Fender Katsalidis.

Building one occupies the centre of the site and serves as the main vehicular arrival from Bolan Street, housing the porte cochere and indoor resident amenities, including a double-story lobby, co-working space and meeting rooms,&nbsp;on its ground level. This building is comprised of 37 apartments over four levels, with the residences primarily located on upper floors.&nbsp;

Residents of Building one will also have access to a dedicated function space with a 69 square meter outdoor north-facing terrace, providing breathtaking views of the river and beyond. This space can be booked for private events, offering an exclusive venue for special occasions.

Building two, comprising 62 apartments over five levels, focuses on cross ventilation and features discreet entries to courtyard apartments by the pool. These apartments benefit from sheltered areas created by deep, stepped planters.

Building three, located at the rear and elevated position of the site, is surrounded by deep planting and conservation areas, ensuring a leafy outlook for its 68 apartments over six levels.&nbsp;

Solar panels will be considered across the main apartment buildings, taking advantage of the expansive roof surface area, while energy-efficient electrical fittings and motion-activated lighting will minimise energy waste.&nbsp;

With its prime location, the development offers residents easy access to a plethora of amenities and attractions. Situated less than four kilometres from Brisbane's CBD, Balmoral provides a desirable lifestyle with its proximity to Bulimba State School, and the vibrant Oxford Street retail precinct.

The area also benefits from public transport provision, including bus lines and two major ferry terminals at Oxford Street and Apollo Road. The strategic river bend also allows for direct connectivity to the riverside suburbs of Teneriffe and Hamilton.

The apartments will also sit near to the Bulimba Barracks Masterplan to the North of the site, which proposes a mixed-use precinct with multiple buildings allowing up to 850 apartments and approximately 3300 sqm of retail floor area.

[smartcode_project_cta:default project_id=140159]

This site plays a key role in Brisbane’s military history and is considered a significant remnant of the United States Military presence in Brisbane during the second World War.

Fender Katsalidis-designed plans lodged for Balmoral apartment development

High-end inner city living in the tightly held precinct of Isle of Capri is now available with the official sales launch of Capri, the first large scale residential project to be developed in the suburb in over 30 years.

The $100 million master planned residential community is located on a rare 1.2-hectare site, the largest (in one line) residential land holding in Isle of Capri.

Featuring strategic dual street frontages onto Salerno and Elliot Street, Capri offers 48 luxury villas accompanied by world-class resort-style amenities set within an exclusive gated community.

[smartcode_project:default project_id=139511 project_image_fid=213454]

NPA Projects Director Andrew Erwin, who has been appointed to market the project, said Capri offers a rare opportunity for people looking for a coveted lifestyle opportunity within the centre of Isle of Capri’s thriving precinct, with the architecturally designed villas now selling from $1.92 million.&nbsp;

“Capri represents the first residential opportunity of its kind to be offered in the popular Isle of Capri precinct in three decades and with such a diverse set of offerings to suit a multitude of buyers it is expected the project will sell fast,” he said.

“The early indications we have received show a high level of interest from buyers seeking to stay local and downsize while others are wanting to upgrade their suburb position and residence to a new dwelling while enjoying the benefits of living in a central location within walking distance to all that the celebrated Isle of Capri precinct has to offer."

“With a selection of two and three-level luxury villas with three and four-bedroom options on offer including multi-purpose rooms and secure double garages the Gold Coast hasn’t seen a luxury inner city residential opportunity like this in a very long time.”

[smartcode_project:default project_id=139511 project_image_fid=213468]

Designed by award-winning firm Plus Architecture, the high-end residential project has been curated so that each of the 48 villas emanate their own unique personality, signposted by interior spaces that are warm and welcoming, as well as functional.&nbsp;

Plus Architecture Director Danny Juric was involved extensively with the interior design of the project and said Capri’s offering is unlike any other.

“The story of Capri unfolds as you wander throughout the development with each of the luxury villas designed to be different with a distinct personality reflected in each home allowing buyers the unique opportunity to choose what aesthetic personally resonates with them,” Juric said.

“The layout of Capri radiates from the heart of the development - a central recreational space that provides an element of escapism for residents thanks to an elaborate collection of next level communal facilities that anchor the development perfectly.”

[smartcode_project:default project_id=139511 project_image_fid=213456]

While Plus Architecture designed the interiors of the luxury villas to speak harmoniously with the exterior architecture, landscape architecture firm LDG was responsible for designing the development’s exclusive residents-only garden retreat.

It features amazing amenities including a resort-style pool with submerged lounge chairs, an outdoor dining terrace, a lawn terrace, a covered barbecue area and a residents lounge, coupled with tropical palms, canopy shade trees, and lush, tropical-inspired plants.

Residents of Capri will also have exclusive access to an indoor residents lounge area complete with a built-in bar, a dining area, fully-equipped kitchen, electric fireplace, and a large screen television.

[smartcode_project_cta:default project_id=139511]

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