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.

[smartcode_project:default project_id=150128 project_image_fid=366285]

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.

[smartcode_project_cta:default project_id=150128]

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.

[smartcode_project:default project_id=135149 project_image_fid=368157]

“Terraces represent one of the city’s most intelligent housing models,” says Joe Nahas, Managing Director of Coronation Property.

“They deliver density without losing the human scale that makes neighbourhoods liveable. In many ways, they provide a bridge between the Sydney we know and the Sydney we need to build. If Sydney is going to grow well, it can’t rely on towers alone.”

<hr data-end="1090" data-start="1087" />
<h3 data-end="1124" data-section-id="1a7l0gw" data-start="1092">The evolution of the terrace</h3>

That thinking has shaped Coronation’s approach at Ashbury Terraces, where the terrace typology has been reinterpreted for modern living.

Designed by SJB, the project recently received recognition at the 2026 Better Future World Design Awards, acknowledging its architectural clarity and response to the surrounding suburban context.

SJB Director Adam Haddow says the intent was to evolve a familiar housing form rather than reinvent it.

“The terrace is one of Sydney’s most familiar housing forms, so our approach at Ashbury was to reinterpret that typology in a contemporary way,” Haddow says.

“The homes are designed to sit comfortably within the existing neighbourhood while introducing more light, landscape and shared spaces that support modern living.”

Ashbury Terraces combines terraces, apartments and penthouses across a series of low-rise buildings, integrating contemporary architecture with landscaped communal spaces and resident amenity.

That same typology is now being carried into Coronation’s Lillian development in Erskineville, where a smaller number of terraces sit within a predominantly apartment-led precinct.

<hr data-end="2269" data-start="2266" />
<h3 data-end="2289" data-section-id="cazuws" data-start="2271">Buyer response</h3>

Coronation’s decision to include terraces at Lillian was informed by strong buyer feedback from Ashbury Terraces, where purchasers were drawn to the flexibility and scale the housing type offers.

One resident, Sweta Pursem, purchased a terrace as a single buyer, citing its long-term versatility.

“As a single buyer, it might seem surprising that I chose a terrace over an apartment, but I was thinking long term,” Pursem says.

“The terraces are incredibly versatile, catering to a range of lifestyles while still offering the space and privacy of a house.”

For Pursem, the multi-level layout provides a level of functionality not typically found in apartment living.

“Having a separate living area from the bedroom and home office makes everyday living feel both functional and comfortable. When friends and family come to visit, the layout gives a sense of privacy while still feeling open and spacious.”

Her terrace also supports a more connected, lifestyle-driven way of living.

“I love entertaining, and the courtyard is ideal for relaxed weekend drinks with friends. I tend to use each level differently throughout the day, it creates a natural rhythm between work, downtime and entertaining, which I didn’t have in apartment living.”

Ashbury Terraces is now complete and ready to move in, while Lillian in Erskineville is under construction and expected to welcome residents in mid-2027.

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

Sydney’s property market is known for high prices, competitive bidding, and mounting pressure on first home buyers. But change is on the horizon.

From late 2025, eligible first home buyers in New South Wales will have access to a new federal government initiative aimed at addressing affordability: the Help to Buy Scheme.&nbsp;

<h2>What is the Help to Buy Scheme?</h2>

The program introduces a shared equity model intended to reduce the upfront cost of entering the property market, particularly in high-demand urban areas such as Sydney.

The scheme operates under a shared ownership structure in which the federal government takes an equity stake of up to 40 per cent for new homes, or 30 per cent for existing dwellings. This arrangement allows eligible buyers to significantly reduce their loan size and avoid the added cost of Lenders Mortgage Insurance (LMI).

Under this model, purchasers can enter the property market with as little as a two per cent deposit, well below the traditional 10 to 20 per cent usually required. The government’s contribution is not a loan but a co-ownership stake in the property. As such, there is no interest or rent charged on its portion.

Because the government’s equity combined with the buyer’s deposit typically meets or exceeds the 20 per cent threshold, LMI does not apply. The remaining balance, generally between 60 and 70 per cent of the property’s value, is financed through a standard home loan with a participating lender.

The government's equity in the property remains in place until the buyer chooses to repay it voluntarily or until the property is sold. Buyers can buy back the government’s share over time, in increments of at least five per cent, depending on their financial situation.

There is no fixed repayment timeline, but the amount to be repaid will be based on the property's market value at the time of repayment, not the original purchase price.

<h2>How do you qualify for the&nbsp;Help to Buy Scheme?</h2>

To qualify for the Help to Buy Scheme, applicants must meet the following conditions:

<ul>
	<li>Be an Australian citizen at least 18 years of age.</li>
	<li>Be a first-home buyer who does not currently own property.</li>
	<li>Intend to live in the property as their primary residence.</li>
	<li>Earn less than $100,000 per year for individuals, or $160,000 for couples.</li>
	<li>Purchase a property within the regional price caps, currently $950,000 in Sydney, though this is expected to rise to approximately $1.3 million ahead of the program’s launch.</li>
</ul>

While the Help to Buy Scheme does not solve affordability challenges across the board, it does offer a more accessible pathway for a defined segment of the market, particularly younger buyers with moderate incomes who have been priced out of traditional lending routes.

The scheme is expected to commence in NSW in late 2025, as part of a national rollout.

Under the new model, purchasers can enter the property market with as little as a two per cent deposit, well below the traditional 10 to 20 per cent usually required

Help to Buy Scheme: What first home buyers in NSW need to know

The First Home Owners Grant (FHOG) is a government initiative designed to help eligible first-time home buyers by offering financial assistance towards the purchase or construction of a new home.

While the FHOG is a nationwide program, it is administered separately by each state and territory, meaning the eligibility criteria, grant amounts, and property requirements can vary depending on your location. This means that the amount available and the conditions attached to the grant will differ, so it is important to check the specific guidelines for your state or territory.

It’s important to note that the FHOG is just one of several incentives available to first home buyers. In most states and territories, the grant is not linked to stamp duty exemptions or concessions, with the exception of the Australian Capital Territory (ACT). The FHOG is typically a one-off payment, reducing the overall cost of purchasing or building a new home before any stamp duty concessions are applied.

Below, we provide a breakdown of the First Home Owner Grants available across Australia, outlining the specific details for each state and territory.

<h2>New South Wales First Home Owner Grant</h2>

First Home Owner Grant: Offers a $10,000 grant for new homes valued up to $600,000. For land purchases and owner-builders, the threshold extends to $750,000.

Stamp Duty Benefits: Provides full stamp duty exemption for homes valued up to $800,000, with concessions available for properties up to $1 million.

<h2>Victoria South Wales First Home Owner Grant</h2>

First Home Owner Grant: Provides a $10,000 grant for first-home buyers purchasing or building new homes valued up to $750,000.

Stamp Duty Benefits: Offers full stamp duty exemption for properties up to $600,000, with concessions available up to $750,000.

<h2>Queensland First Home Owner Grant</h2>

First Home Owner Grant: Offers $30,000 for contracts signed between 20 November 2023 and 30 June 2025. The FHOG applies to new homes valued up to $750,000.

Stamp Duty Concessions: Provides additional concessions for properties valued up to $800,000.

<h2>Western Australia First Home Owner Grant</h2>

&nbsp;

First Home Owner Grant: Offers a $10,000 grant for new homes valued up to $750,000 in the southern regions and up to $1 million in the northern regions.

Stamp Duty Concessions: Available for homes valued up to $600,000 for transactions entered into on or after 9 May 2024.

<h2>Australian Capital Territory First Home Owner Grant</h2>

First Home Owner Grant: Replaced by the Home Buyer Concession Scheme, offering full stamp duty concessions for eligible buyers.

<h2>South Australia First Home Owner Grant</h2>

First Home Owner Grant: Provides up to $15,000 for new homes, including houses, apartments, and townhouses. As of 6 June 2024, there is no property value cap for eligibility.

Stamp Duty Relief: Available for new homes and vacant land purchases.

<h2>Tasmania First Home Owner Grant</h2>

First Home Owner Grant: Offers a $10,000 grant for new homes and off the plan purchases.

Stamp Duty Exemption: Between 18 February 2024 and 30 June 2026, first home buyers of established homes valued up to $750,000 receive a full exemption on property transfer duty.

<h2>Northern Territory First Home Owner Grant</h2>

First Home Owner Grant: The Northern Territory provides a $10,000 grant for new homes only. Additional government grants and concessions are available for first home buyers.

Stamp Duty Exemption: The only stamp duty exemption available to property buyers is the House and Land Package Exemption (HLPE).

Eligibility criteria and application processes differ across states. Prospective buyers should refer to their respective state revenue offices for full details on grant availability, conditions, and additional concessions.

Every First Home Owner Grant for new property by state

In the ever-evolving landscape of sustainable architecture and environmentally conscious design, systems and ratings in place can help determine the energy efficiency of residential buildings in Australia.

Australia has multiple building rating systems that evaluate energy efficiency and sustainability in existing and new building designs.

Some systems assess individual building components, while others provide an overall rating for the entire structure.

A rating system ensures that homes are comfortable and energy-efficient, whether you are buying, renovating, or building.

NatHERS (Nationwide House Energy Rating Scheme) is a common way for new homes to meet energy efficiency requirements.

As new developments continue to shape the urban environment, understanding NatHERS ratings becomes essential for developers and homeowners. This article delves into the concept of NatHERS ratings, their significance, and how they contribute to creating energy-efficient homes.

<h2>What is NatHERS?</h2>

NatHERS is a national initiative implemented by the Australian government to promote energy efficiency in residential buildings. The scheme aims to provide a standardised method for assessing the thermal performance of homes, considering factors such as insulation, orientation, ventilation, and building materials.&nbsp;

NatHERS ratings are the most common way new homes meet the National Construction Code's (NCC's) minimum energy efficiency requirements.&nbsp;

NatHERS assessments provide thermal and whole-home ratings for new homes, townhouses, and apartments.

The rating helps evaluate the energy performance of buildings, guides homeowners and developers to make informed decisions about the energy efficiency of their properties, and encourages the construction of more sustainable, comfortable, and cost-effective homes.

<h2>How NatHERS Ratings Work</h2>

NatHERS ratings are determined through four accredited software tools (AccuRate, BERS Pro, FirstRate5, HERO) using a calculation engine CSIRO developed to predict building temperature based on various factors.

The tools can model complex effects of building mass, insulation, window size, and other elements.

The outcome is a star rating that reflects the building's overall thermal efficiency, indicating how well it can maintain a comfortable indoor temperature without excessive reliance on heating or cooling systems.

The star rating scale ranges from 0 to 10, with a 6-star rating being the minimum requirement for compliance with the National Construction Code (NCC).&nbsp;

Achieving a higher star rating demonstrates a commitment to energy efficiency and sustainability, as the building is better equipped to minimise its environmental impact and reduce long-term energy costs.

Anyone can use NatHERS tools, but accredited assessors can provide certified ratings and professional advice.

<h2>Benefits of Higher NatHERS Ratings</h2>

Energy Efficiency: Buildings with higher NatHERS ratings are more energy-efficient, requiring less heating and cooling energy. This reduces the structure's carbon footprint and lowers occupants' energy bills.

Cost Savings: Homes with higher NatHERS ratings are generally more energy-efficient, resulting in reduced energy consumption for heating and cooling. This translates to lower energy bills for homeowners, making sustainable living environmentally friendly and economically viable in the long run.

Environmental Impact: Lower energy consumption directly translates to a reduced environmental impact. Buildings with higher NatHERS ratings contribute to the overall goal of mitigating climate change by lowering greenhouse gas emissions associated with heating and cooling systems.

Improved Comfort: Buildings with high NatHERS ratings offer better thermal comfort to occupants. Proper insulation, well-designed ventilation, and optimal orientation maintain a consistent and comfortable indoor temperature, providing occupants with a more enjoyable and healthier space.

Market Value and Desirability: Higher NatHERS ratings can enhance the market value of a property. As energy efficiency becomes a more significant consideration for homebuyers, a well-rated building may attract a premium price and stand out in the real estate market.

Compliance with Building Codes: NatHERS ratings are a vital component of the National Construction Code (NCC), and compliance with these ratings is often a mandatory requirement for new developments. Local councils and planning authorities may set minimum energy efficiency standards that must be met to obtain development approval.

The Nationwide House Energy Rating Scheme (NatHERS) is a crucial initiative shaping the future of energy-efficient, resilient, and cost-effective homes. With its recent upgrades, NatHERS has evolved into a world-leading tool for the building sector, supporting the global commitment to achieving net-zero emissions by 2050.

Staff Writer

What is a NatHERS rating in new off the plan apartment developments?

Mixed-use developments have gained significant popularity across Australia in recent years due to their unique blend of residential, commercial, and recreational spaces.

Unlike traditional single-purpose developments, mixed-use projects offer a harmonious integration of various functions within a single locale.

Residential units seamlessly coexist with commercial establishments, retail outlets, dining venues, entertainment hubs, and recreational facilities, with the combination not only enhances convenience but also fosters a vibrant lifestyle and a sense of community.

<h3>Convenience and accessibility</h3>

Mixed-use developments are designed with convenience in mind. They often integrate residential units with commercial spaces, retail outlets, restaurants, and recreational facilities, creating a self-contained community.

[smartcode_project:default project_id=114215 project_image_fid=204874]

The proximity allows residents to enjoy the convenience of having essential amenities and services within walking distance. Whether it's grabbing a cup of coffee, going grocery shopping, or accessing healthcare services, everything is conveniently located, saving residents time and effort.

<h3>Vibrant lifestyle and community</h3>

One of the major advantages of mixed-use developments is the vibrant lifestyle they offer. With a diverse range of amenities and communal spaces, residents have ample opportunities to interact, socialise, and build a sense of community.

[smartcode_project:default project_id=107714 project_image_fid=214122]

The presence of parks, community centres, and shared spaces fosters a lively atmosphere, encouraging residents to engage in various activities and events. The vibrant lifestyle within these developments creates a unique sense of belonging and camaraderie among the residents.

<h3>Potential for higher rental yields and property value appreciation</h3>

Mixed-use developments tend to attract a broad range of tenants and buyers due to their versatile nature. This high demand can result in higher rental yields for investors and potentially lead to property value appreciation over time.

[smartcode_project:default project_id=139989 project_image_fid=212887]

The integration of commercial and retail spaces attracts businesses, which can provide a stable rental income stream. Additionally, the popularity of mixed-use developments often drives up property values, making them a potentially lucrative investment in the long term.

<h3>Enhanced security and maintenance</h3>

Mixed-use developments typically have comprehensive security measures in place. With controlled access points, CCTV surveillance, and professional security staff, residents can enjoy enhanced safety and peace of mind.

[smartcode_project:default project_id=108019 project_image_fid=212658]

Additionally, these developments often have dedicated maintenance teams responsible for the upkeep of common areas, landscaping, and infrastructure. This ensures that the overall appearance and functionality of the development are well-maintained, creating a pleasant living environment for residents.

<h3>Live-work-play balance</h3>

One of the key attractions of mixed-use developments is the ability to achieve a desirable live-work-play balance. The integration of residential and commercial spaces allows residents to live closer to their workplaces, reducing commuting time and improving work-life balance.

The proximity to various amenities and recreational facilities encourages an active and healthy lifestyle. Residents can easily access fitness centres, parks, restaurants, and entertainment options, all within the same development, leading to a more fulfilling and convenient way of life.

alisonwarters@gmail.com

The top five reasons to buy in a mixed-use development

When buying a property, everyone needs to be aware of the additional costs that come as part of the buying process.

Often the largest outlay, after the deposit which goes to the bank, is stamp duty.

<h2 style="line-height: 1.38;">What is Stamp Duty?</h2>

Stamp duty is an extra tax to pay the government when you buy land, a property, and other certain assets.

It happens when the legal ownership is transferred. It can also be known as property transfer duty or transfer duty.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="415" src="https://www.youtube.com/embed/C32BWkB5--c" title="YouTube video player" width="660"></iframe>

<h2>Who pays Stamp Duty?</h2>

In some circumstances, you may get an exemption. For some states, you won’t have to pay for stamp duty if you are a first home buyer or a pensioner for houses under a particular price. There are also stamp duty concessions, where you may be entitled to a discount.

<h2>How much does Stamp Duty cost?</h2>

Each state has different rules which affect how much you need to pay. These rules can affect the rate you pay, and the timeframe you will need to pay in. Before you buy land or a property, make sure you check the up-to-date information for your state’s stamp duty.

You can use a free stamp duty calculator online to see approximately how much you’ll need to pay. Find out if you’re eligible for an exemption by enquiring on a project via Urban!

Overall, the stamp duty you need to pay will depend on:

<ul>
	<li aria-level="1">How much your land/property is worth</li>
	<li aria-level="1">Where your land/property is located</li>
	<li aria-level="1">What type of land/property it is</li>
</ul>

Want to find out more? <a href="https://www.youtube.com/@UrbanAustralia?utm_source=YouTube&amp;utm_medium=Video&amp;utm_campaign=Subscribe&amp;utm_id=Subscribe">Subscribe to our YouTube channel</a> for more property videos.

Ellen Walker

Off-the-plan property explained: What is stamp duty?

The Marina Mirage, the longtime hub of popular Gold Coast beachside suburb Main Beach, is set for a $500 million redevelopment by its owner, South Australian shopping centre tycoon Con Makris.

Makris, who has owned the Marina Mirage at&nbsp;74 SeaWorld Drive, Main Beach, since 2013, has filed plans for a full redevelopment which will turn it into a world-class destination for both Australian and international tourism.

<img alt="Marina Mirage" data-entity-type="file" data-entity-uuid="7f736e58-8b58-4726-acfa-800d7a221567" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-02-08%20at%208.27.12%20am.png?VersionId=g5p9LoSWWh8cQs0Rml8cP.1s99jFsnhg" />

There's a limited opportunity to buy into the exclusive project which fronts SeaWorld Drive, Palazzo Versace, Mariners Cove and Broadwater.

As well as an extensive retail and dining precinct and a 110-room hotel, which will come with all the trimmings expected of a high-end hotel, on offer will be 44 apartments and 46 villas.&nbsp;

There will be just four four-bedroom offerings, 56 three-bed residences, and 32 two-beds.The villas will be spread across four buildings, either side of the central pool, and the two residential buildings pointing toward the hotel block.

<img alt="Marina Mirage" data-entity-type="file" data-entity-uuid="b6d2cd86-c292-40fb-b269-b734ee2c84c6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-02-08%20at%208.19.09%20am.png?VersionId=z.u1erTfnV0CII3vHPvaVP39eJVoNDez" />

Extensive amenity is spread across a number of areas. A ground floor pool will dissect the whole development. A further three swimming pools are planned, across three different rooftops, one of which (crowning the hotel) will have a bar and a seating lounge.

Melbourne architect Elenberg Fraser has handled the design of the seven-building project, with each structure having a height limit of 15 metres, or three levels.

The architecture firm, who have designed Vitale's mixed-use project The Mondrian in Burleigh Heads, will be keeping the iconic Marina Mirage sails. They will be reintroduced as part of the development at the same height as they currently are. They've been the entry point to Main Beach since the Marina Mirage opened in 1998.

<img alt="Marina Mirage" data-entity-type="file" data-entity-uuid="4d1b0fad-d487-4436-846c-13cfd6c83393" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-02-08%20at%208.27.24%20am.png?VersionId=dl5LwF1TKbmV4BIu0q1tqrEwlF2cUfml" />

The buyer profile of the apartments and villas has also been highlighted in the documentation submitted to the Gold Coast City Council.

Makris expects the project to suit retirees, independent and affluent buyers, well established couples, and families.

They will enjoy beach leisure, fine dining, museums and galleries, and cultural exploration.

The report even goes as far as what they desire. Health and well being, quality family time, reduced maintenance, and ownership and freedom are the key desires of the future buyers.

Elenberg Fraser wanted to bring a level of coastal ecology to the project.

<img alt="Marina Mirage" data-entity-type="file" data-entity-uuid="45cb1407-e971-4a73-a28d-4bb95a73bbe4" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-02-08%20at%208.26.32%20am.png?VersionId=dU70UBYic2yvDBjVJ76swYzcPY96MMvu" />

"Historically, the relationship between people, plants and animals has been one of dependence and happy coexistence," the report by Elenberg Fraser noted.

"However, since colonisation people have become increasingly isolated from both plants and animals in their natural habitat. Instead of vegetated landscapes teeming with life, animals and plants have been pushed out of the hard urban environment of our cities."

They say Marina Mirage will reconstruct this ecosystem.

I"t will be a cohesive, wholistic environment, where people live in the landscape with animals, forming relationships with place.

"This re-wilded site will be heavily planted with native species, allowing native animals to return home, co-existing harmoniously with people."

<img alt="Marina Mirage" data-entity-type="file" data-entity-uuid="634ca1c9-3809-42cf-83b3-2b601f9ec808" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-02-08%20at%208.26.42%20am.png?VersionId=08lMJ6iG75722Y.xWC9EJ3KVwqZsD1Dq" />

Outdoor spaces were also a key element in the design process of both the apartments and the wider project.

"With more than 300 ‘comfortable’ days in Gold Coasts subtropical climate, outdoor spaces are critical in making the most out of our environment.

"Green spaces, balconies, terraces, laneways and water areas provide a seamless transition from indoor to outdoor, public and private and generate a greater thermal environment.

"The consideration to city rooms encourages occupation with public congregation spaces that have access to natural air and subtropical vegetation. Balconies laneways and terraces allow for indoor and outdoor spaces to be protected by natural elements; sun, wind and rain, and transforms the areas by creating private and public spaces.

"Outdoor spaces are especially relevant in ensuring the typology is activated and engaged by the city and its occupants. It encourages outdoor spaces within the building to create habitable green and elevated areas for entertainment."

Fast facts about the Marine Mirage redevelopment

<ul>
	<li>2,421 sqm of retail</li>
	<li>6,591 sqm of resort area</li>
	<li>10,852 sqm of villa area</li>
	<li>7,397 sqm of residential area</li>
	<li>4,695 sqm of landscaping</li>
	<li>110 resort rooms</li>
	<li>44 apartments</li>
	<li>46 villas</li>
	<li>381 carparks</li>
</ul>

Makris expects the project to suit retirees, independent and affluent buyers, well established couples, and families

Inside look: Residential opportunity at new $500 million Marina Mirage, Main Beach redevelopment

Construction has commenced on a new set of apartments slated for Brisbane’s inner-city by SAVVE Developments &amp; Construction.&nbsp;

The 1610 sqm Indooroopilly site at 107 Clarence Road, is DA-approved to deliver 35 apartments across eight storeys upon completion, with The Audrey offering a mix of two, three and four-bedroom residences as well as one five-bedroom penthouse.&nbsp;

Commercial tenancies will take up shop across the ground floor of the site, with the two-storey addition set to include space for offices and food and beverage retailers.&nbsp;

Designed by Prospect Architects, with interiors by Merge, the development will take inspiration from the tree-lined streets of its locale, which is situated just moments from world-class cafes, restaurants, shopping and golf courses.&nbsp;

[smartcode_project:default project_id=94824 project_image_fid=209993]

An entry lobby and resident’s library will be situated across the ground floor, featuring stone floors, feature wallpaper, timber joinery and custom furniture, with the apartments beginning on level two, with just five residences set for each floor.&nbsp;

Designed for the owner-occupier, each of the homes will feature open living and dining areas, with 2.7-metre high ceilings, wide balcony doors and full-height glass panelling inviting natural light and breezes throughout.&nbsp;

SAVVE Director,&nbsp;Sandro Alberti&nbsp;said their research showed that most buyers would be locals, within an eight kilometre radius, which has, so far, been the case.

"Being the Builder and Developer meant we were able to fully customise, not only the fit out of each apartment but also able to amalgamate two floor plans together to purposely design larger apartments, satisfying our client's desired outcomes," Alberti said.&nbsp;

[smartcode_project:default project_id=94824 project_image_fid=210019]

"Of those buyers that decided to opt for larger residences, we have worked together with our architects and them to design magnificent four or five-bedroom apartments that cater for their customised interior preferences."

"With the addition of these unique larger residences within our boutique complex, we've reduced the number of apartments from 35 to now just 30".

Apartments will incorporate internal laundries, ensuites, media rooms, butler’s pantries and expansive storage options, with an interior palette of stone, engineered Oak Herringbone timber floors, and cool neutral walls.&nbsp;

The two-bedders will be priced from $680,000 with the three-bedroom apartments starting from just over $1 million.&nbsp;

Crowning the inner-city site will be a communal rooftop recreation deck, complete with a lap pool and day beds, barbecue facilities, alfresco dining space, and a conversation zone with a fire pit, all encased in lush green landscaping, with raised vegetable and herb garden beds and an open green zone also incorporated. &nbsp;

[smartcode_project:default project_id=94824 project_image_fid=210018]

Centrally located in a walkable community, The Audrey offers the best of all worlds, with the casual vibe of the leafy riverside suburb brimming with green open parklands while still being seamlessly connected to the CBD, which is just 9 minutes away.

The Indooroopilly Train Station is just a five-minute walk from the site, as is the Indooroopilly Shopping Centre, which is the largest shopping destination in the western suburbs of Brisbane, with over 360 specialty stores, 16 cinema rooms and a food court.&nbsp;

The Audrey is also close-by to two premier golf courses, in addition to a number of educational institutes, including The University of Queensland, Indooroopilly State High School, Brigidine College, St Peters Lutheran College, Ambrose Treacy College &amp; Holy Family Primary School.&nbsp;

[smartcode_project_cta:default project_id=94824]

SAVVE Developments behind latest Indooroopilly apartments, The Audrey

Experienced south-east Queensland builder, Greyburn Building Contractors, is moving ahead with construction on Immerse Projects’ boutique residential apartment project Rhythm Kirra Hill, following a solid take-up from buyers eager to get into the tightly held southern Gold Coast market.

Long-time builder John Kearney, who heads up Greyburn, is also the developer of Rhythm. It's the first mutli-res tower in the southern Gold Coast for Immerse Projects, who have focused previously on residential estates and terrace developments in the hinterland.

Rhythm Kirra Hill, at 30 Garrick Street, will comprise 40 coastal-inspired apartments across a seven-level building, within walking distance to the white sand of Coolangatta’s and Kirra’s world-class beaches.

“I am pleased to announce that Rhythm Kirra Hill is well and truly underway, and we look forward to seeing our vision come to life over the next 18 months,” Kearney said.

[smartcode_project:default project_id=112169 project_image_fid=207368]

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."

The selling agent for Rhythm Kirra Hill, Jayde Pezet of Pezet Matheson, 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:default project_id=112169 project_image_fid=207549]

“We are continuing to see a high level of interest at Rhythm as more people recognise the unique opportunity to live in a premium apartment building just 350m to one of Queensland’s most famed beaches.

“World-class surf breaks, picturesque walkways, a major supermarket, boutique shopping and beloved local cafes restaurants is all an easy walk from your doorstep here at Rhythm Kirra Hill.”

A limited release of one and three-bedroom apartments have just been launched to the market. Now one, two and three-bed apartments are available.

Pezet says the ones and three's are already appealing to a range of buyers.

[smartcode_project:default project_id=112169 project_image_fid=207367]

One-bedroom and one-bathroom configurations are priced from $720,000, the two-bedroom and two-bathroom offerings are priced from $915,000. The three-bedroom apartments, which include a multipurpose room and two bathrooms, are priced from $1,355,000.

All apartments offer at least one secure car space and storage in the basement. Located on a prime corner site at the base of Kirra Hill at 30 Garrick Street, Rhythm will be framed by lush sub-tropical landscaping and offer residents a host of tailored amenities.

The rooftop will feature a pool, barbecue, and dining area. The ground level will feature a sauna, gym, outdoor shower, and meeting room, and offer the convenience of parcel lockers.

Completion is scheduled for 2024.

The Sales House is located at 39 McLean Street and the project is being jointly marketed by Pezet Matheson and Ashwin Property.

[smartcode_project_cta:default project_id=112169]

Rhythm Kirra Hill, at 30 Garrick Street, will comprise 40 coastal-inspired apartments across a seven-level building, within walking distance to Coolangatta’s and Kirra’s world-class beaches.



Construction begins on Rhythm, Kirra Hill apartments

With limited land available in popular suburbs in southeast Queensland, skinny apartment towers have become a popular choice for developers seeking to make the most of small sites.

International architecture firm, Plus Architecture, has designed six slender towers in some of the Gold Coast's most desirable areas, with the projects set to be built within the next five years, demonstrating a new wave of high-rise design that optimises limited land to create luxurious living experiences.

According to Plus Architecture Principal, Chrisney Formosa, the slender tower concept is well-suited to luxury multi-residential projects. The design allows for full floor or two-story apartments with 360-degree views, providing residents with the benefits of a standalone house, plus more.

“Very small sites present an opportunity for unique architectural solutions as they require an individualised design approach. In the high-end property market, being able to deliver a boutique design that is highly customised to the site is what helps a project truly stand out,” Formosa said.

[smartcode_project:default project_id=95606 project_image_fid=209221]

“Beyond that, skinny towers also easily allow for full floor or two-story apartments with 360-degree views, making them a prime solution for luxury multi-residential coastal living – offering all the benefits of a standalone house and more.”

When it comes to boutique apartment tower design, we need to think out of the ordinary, Formosa said.

“That means exploring doing things differently – reimagining how we can use those smaller sites to their best potential to ensure they become a valuable addition to the urban streetscape. La Mer is a great example of this.”

The boutique apartment tower at La Mer, a joint venture between Polites Property Group and QNY Group in Main Beach, is a prime example of the skinny tower trend.

The boutique apartment tower is located in arguably one of the Gold Coast’s most iconic locations: Main Beach, a small enclave of properties in an exclusive reserve surrounded by water.

[smartcode_project:default project_id=110953 project_image_fid=209073]

Redesigned by Plus Architecture, La Mer features 20 apartments, including one of the largest penthouses in Main Beach, each oriented to capture ocean views.

“Unique to La Mer is that half the tower comprises double-storey, fully customisable sub penthouses, a boutique approach made possible by the slender design. More of a ‘sky home’ and less of an apartment, these vertical residences are elevated far above the typical apartment living experience.”

At Nineteen First Avenue, a 38-story development of 35 apartments in the beachside precinct of Broadbeach, every aspect of the architecture has been designed to deliver luxury.

The pinched-in tower shape maximises views and light, while the overlapping rippled forms, inspired by the interaction of water, wind, and sand, deliver a dynamic and graceful design.

A design palette of soft textures, vertical aluminium screening, textured concrete, and a verdant landscaped ground floor entry combine to deliver a luxurious residential experience.

When it comes to boutique apartment tower design, we need to think out of the ordinary, Plus Architecture Principal, Chrisney Formosa says

Why Queensland’s skinny tower trend is redefining luxury apartment design

Sitting alongside Aniko’s sold out Athena Residences, Athena Quays comprises two eight-level towers with 177 apartments. &nbsp;

Launching to the market in 2022, sales for the Athena Quays towers have been strong, with both towers now sitting at 90 per cent sold.

One of the reasons driving buyers to Aniko’s waterfront development is the in-house amenities on offer.&nbsp;

[smartcode_project:default project_id=109922 project_image_fid=207989]

Taking inspiration from the finest resorts across the globe, Athena Quays is home to a plentiful array of convenient and recreational amenity offerings.

Sales and Marketing Director,&nbsp;Peter Malady said the residents-only&nbsp;facilities are designed for those who insist on convenience, quality and luxury.

"From the secluded courtyard garden to a suite of private office facilities, Athena Quays in-house amenities are second to none,” Malady said.&nbsp;

When it comes to contemporary urban living, Aniko have recognised the importance of nourishing the mind, body and soul, incorporating a resident’s only recreation club into Athena Quays.&nbsp;

The towers will also feature a state-of-the-art private gym, along with two swimming pools, an outdoor heated spa, a sauna, a yoga and pilates hall, sun lounges, barbecue facilities, a pet wash bay, a children’s indoor play room, and a resident’s lounge. &nbsp;

[smartcode_project:default project_id=109922 project_image_fid=207990]

A full-equipped entertainment suite features a 14-seat screening room, as well as a resident’s lounge, and thanks to an on-site manager, a number of the spaces can be conveniently booked through the in-house service 24/7.&nbsp;

Hope Island remains a highly sought-after suburb for local downsizers and increasingly for interstate buyers making the move to the Gold Coast.

Only a handful of large luxury, waterfront sky homes remain, priced from $1.25 million through to $1.995 million, all benefitting from multiple car parking spaces.&nbsp;

All sky homes feature three-bedrooms, in addition to butlers pantry’s, ensuites to bedrooms, Miele appliances, engineered timber floors, integrated fridge/freezers, wine fridges, and secure storage cages in the basement car park.&nbsp;

[smartcode_project_cta:default project_id=109922]

Nourishing the mind, body and soul; A look into the amenity offering at Athena Quays 

It was 2007 when the last apartment development was completed on Garfield Terrace, the exclusive stretch of real estate in Surfers Paradise.

That was Jade Apartments, which still holds cache among locals. Some of those apartments, which were selling shortly before the global financial crisis, were fetching over $6 million.

Fast forward 15 years and there's over $1 billion of developments in the pipeline, the majority targeting the high-end buyer pool.

A number of the developers who are tackling the beachfront have brought their money up from Sydney.

The Sydney-based, ASX-listed ASF Group are onto their next project. Having seen success at the nearby The AU, they've recently offered a limited release of residences at Aura on the Beach at 59 Garfield Terrace, just&nbsp;26 full-floor residences and a single multi-level penthouse, one of the largest on the beachfront.

The 31-level tower offers a unique point of difference to other projects. It sits on one of the only corner blocks on the exclusive street with the beach entry just steps from AURA's front door.

[smartcode_project:default project_id=9097 project_image_fid=209164]

ASF have also previously developed the masterplan Peninsula Collection on Hope Island, which is sold out and currently under construction.

Also offering a point of difference due to its site is AALTO, the new project from Sydney's Weiya Holdings, another who has already cut their teeth in the local market with DE-LUXE in Burleigh Heads.

AALTO, at 75-79 Garfield, sets itself apart by having 24 metres of beachfront, more than any other project currently in development. It is also located across the road from the BMD Northcliffe Surf Life Saving Club, which will protect the views down to the south.

[smartcode_project:default project_id=108209 project_image_fid=206388]

The luxury tower has been in high demand since launching late last year, with a number of whole floor apartments snapped up.

Prices start from $2.32 million for the two-bedroom apartments, which span nearly 200 sqm of living space. There are 66 apartments in the 38-level tower, including a luxury two-level penthouse which is priced at $15.8 million.

Another Sydney developer, Iris Capital, who are prominent in both Sydney and Newcastle and are developing the&nbsp;$800 million Victoria &amp; Albert mixed-use precinct on the site of Broadbeach's famed Niecon Plaza, are awaiting to launch their beachfront project.

Next door to AALTO, the development approved 71 on Garfield will have 51 apartments across its 38 levels.

Floorplans will range from three-bedroom half floor layouts, through to four-bedroom plsu study full floor apartments with their own private plunge pool.

The tower will be crowned by an exclusive collection of dual storey five-bedroom sub penthouses and a triple storey penthouse complete with its own rooftop retreat.

The Sydney-based Sammut Group were debutants when they launched their luxury development Coast, which will be the first to be completed on the strip.

There are local development firms however who are taking on the beachfront.

KTQ Group, who are redeveloping the Kirra Beach Hotel down in Kirra Point to a contemporary mixed-use precinct, have recently secured approval for Seren at 27 Garfield Terrace.

<img alt="Seren KTQ" data-entity-type="file" data-entity-uuid="9c118b38-88cd-4413-9ab4-d34c902c2c78" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-02-02%20at%201.24.09%20pm.png?VersionId=AlgBtnd_lbF2_gwwfx.HSOK0EBfpGYVw" />

Seren will comprise an independent luxury, 60-room hotel, with some suites offering over 100 sqm of living space.

The hotel will occupy levels three to six, then above is the hotel and the residences pool and recreation decks. Then above the level nine wellness level are the 60 residences, the smallest on offer spanning a huge 350 sqm and offering three-bedrooms and a multi-purpose room.

Frank Licastro's Frank Developments recently secured approval for MIRA, which will have just&nbsp;11 two-level apartments, which are being pitched as "vertical beach homes".

The 25-level tower will be the first of it's kind for the Gold Coast.

“A double-level floor plan is traditionally reserved for the penthouse purchaser," Licastro says.

"At MIRA, every apartment is dual-level, meaning every resident will experience the penthouse way of life – private, elevated and life enhancing."

There's a few projects lined up just off Garfield Terrace, which are pitched at a different type of buyer.

Malaysian developer MRCB's first development on the Gold Coast, 26 Vista, starts from $600,000 for a one-bedroom apartment, and up to $15 million for the penthouse.

[smartcode_project:default project_id=112730 project_image_fid=208885]

Matt George, national sales and marketing agency Urban Activation, says the apartments have been well received since launching.

“We’ve had a great amount of traffic throughout the display since opening – a number of groups from Melbourne, Sydney and Brisbane and a lot of people who are looking for a property on the Gold Coast.”

Set to rise 51 levels home to six three-storey townhouses, 267 apartments, six sub penthouses and a full floor penthouse, 26 Vista will reside within walking distance of everything Northcliffe has to offer, from the iconic beach to acclaimed restaurants.

[smartcode_project:default project_id=112730 project_image_fid=209971]

An extensive range of amenities will be on offer at 26 Vista including an internal wellbeing precinct featuring a spa, gym, outdoor yoga space, pool, sauna, and steam room, alongside a private dining room equipped with a professional chef’s kitchen, an in house cinema room, co-working spaces and business meeting rooms and a resident’s lounge.

Level 51, which offers 360-degree views over the Gold Coast, will house a secondary residents lounge located beside the level observation deck, bordered by a lush rooftop garden.

“26 Vista presents a rare opportunity for buyers in pursuit of lifestyle, a coastal destination, and unparalleled amenity at their fingertips,” said George.

George says the whole&nbsp;Garfield Terrace precinct has really come to life in the last two years and there are a lot of significant players circling around sites to be a part of the area’s transformation.

“It is certainly the number one strip on the Gold Coast when it comes to new ultra-luxury apartments."

Brent Thompson's Siera has development approval for a high-end project just off Garfield Terrace at Enderley Avenue.

They'll be developing just 54 apartments across the 25-level BDA Architecture-designed tower at 8 Enderley Avenue, offering a maximum of three apartments per floor.

Residents will enjoy extensive amenities in the project, which is becoming a signature of Siera's Gold Coast developments with their recent Tapestry development showcasing a rooftop amenity not yet seen before on Chevron Island.

There will be two levels of amenity, with the lower level hosting a communal mezzanine with a spa, gym and sauna, and the upper level with a lap pool with pool deck, barbecue alfresco and dining space, a private dining area with a bar and cellar room, a games room, and a space with work from home facilities.

$1 billion apartment development pipeline to transcend Garfield Terrace 

The Gold Coast's Palm Beach has become an increasingly more difficult proposition for developers in recent years, as the small coastal suburb receives more and more attention on a national scale and land valuations soar.

Development site amalgamation specialists GV Property Group have combined five properties in a line to put together one of the&nbsp;largest development opportunities by land size in the area. They're expecting to see a number of developers submit offers for the 19-27 Philippine Parade site, around the corner from Laguna Park and only a few rows back from the beach.

"Rarely does a parcel of land of this scale, diversity and location present itself in what is arguably one of the most desirable locations in South East Queensland," GV Property's Antonio Mercuri says.

<img alt="GVG" data-entity-type="file" data-entity-uuid="d9063646-4585-4fe4-aed0-b99d1a3864f9" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-02-01%20at%2010.05.18%20am.png?VersionId=U_z.QQTwTDGetHTZsD74dAUtctzUeW5." />

"Palm Beach has respectfully earned itself a reputation for understated laid back luxury. With its beautiful beach front residences, luxury apartments and state-of-the-art waterfront homes, Palm Beach has become ‘the place to be’ and recorded one of the highest increases of median house prices in QLD over the past few years."

Mercuri says it's not only an opportunity to create a mixed-use precinct that will benefit the wider community.

Of the 9,000 plus properties CoreLogic has in Palm Beach, including commercial, retail, industrial, residential and land, only around 100 have a land size of over 2,000 sqm.

Last year GV Property Group sold 1177-1181 Gold Coast Highway, a 1,649 sqm site, to Samy Saad's Dascon for around $14 million. He's <a href="/news/qld/first-look-exclusive-apartment-project-revealed-on-one-of-palm-beachs-biggest-sites">planning a 12-level building with 38 apartments</a>.

<img alt="Samy Saad" data-entity-type="file" data-entity-uuid="9a296449-80db-4a03-8227-632b0b22ebbb" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-02-01%20at%209.19.28%20am.png?VersionId=cb.p9F9O4YQLelIPplTv3_PWaXEd22Mn" />

In 2021, fellow Sydney-based developer Abadeen secured 26 Mawarra Street for near $16 million. That was a 2,000 sqm site, where Abadeen are developing Villea, which will have 69 apartments.

Local project marketers Pezet Matheson were engaged to offer their expertise as to what will be the most beneficial type of development for both developer and buyer, having had success as master agents locally on Seaclusion, The Tally, and The Monroe, as well as S&amp;S Projects' Flow Residences and Esprit in nearby Rainbow Bay.

Pezet Matheson Director Todd Matheson believes the site "represents an incredible opportunity due to its central location and access to the beach, parks, and waterways of Palm Beach."

Matheson suggests the site will best yield a project with one and two-bedroom apartments on the lower levels, and larger apartments for the top floor, as well as rooftop amenity.

"We have seen a shift from larger apartments to smaller more efficient designs on the lower levels, for affordability, with larger apartment designs for the higher levels," Matheson says, also recommending the amenity to be located on the roof so&nbsp;the lower floor apartments with limited views can utilise the roof top to entertain and take advantage of wide open vistas.

Matheson also suggested an&nbsp;addition of a home office design could be a unique and well received layout from the market.

He expects a sales rate of between $9,500 to $11,000 per sqm in the current market, dependent on the final breakdown and finishes of the application.

"Rarely does a parcel of land of this scale, diversity and location present itself in what is arguably one of the most desirable locations in South East Queensland," GV Property's Antonio Mercuri says

Developers to swoop on one of Palm Beach's largest sites

The French Riviera, also known as the Côte d'Azur, is a coastal region in the southeast of France, stretching from Saint-Tropez to Menton.

Known for its glamorous resorts, picturesque coastal towns, crystal-clear waters, and sunny climate, the area has long been an inspiration for designers around the world, with the idealistic landscape often displaying a sense of calm and luxury.&nbsp;

Pacifico Investments have utilised the experience of renowned interior designs, Coco Republic for their Surfers Paradise development, Florian, which draws on the Riviera for its design.&nbsp;

[smartcode_project:default project_id=7349 project_image_fid=207391]

In combination with Mode Architects, the river-fronting Florian will deliver just 45 residences upon completion, with a mix of two and three-bedroom apartments.&nbsp;

Taking full advantage of the site’s coastal locale, Coco Republic have transformed the residences into personal sanctuaries, drawing on the setting of the waterways which evoke a calm and serene experience within each.&nbsp;

Full-height glass and high ceilings invite an abundance of natural light into the homes, while also revealing vistas to the wider Gold Coast landscape from the oversized balconies that adjoin each interior.&nbsp;

[smartcode_project:default project_id=7349 project_image_fid=207399]

Following an open plan design, the living, kitchen and dining areas incorporate timber floors, creating a layer of warmth, while considered joinery and stone islands further reference the idea of the natural.&nbsp;

Coco Republic’s wealth of knowledge ensures spacious furniture layouts through the apartments, which further benefits the versatile spaces found in the apartments, which come in the form of multi-purpose rooms, easily adapting to every buyer’s needs and lifestyle choices.

Optimal storage options have also been provided throughout, giving more room for the residences to feature a considered design and layout.&nbsp;

[smartcode_project:default project_id=7349 project_image_fid=207401]

The master suites incorporate textural wool carpet before flowing seamlessly into walk-in robes and ensuites, which have been appointed with a natural palette, stone, timber and brushed brass, drawing further on the Riviera inspiration.&nbsp;

Slated for completion by 2025, two and three-bedroom apartments can still be purchased in Florian, with floorplans spanning from 125 sqm through to 155 sqm.&nbsp;

[smartcode_project_cta:default project_id=7349]

In combination with Mode Architects, the river-fronting Florian will deliver just 45 residences upon completion, with a mix of two and three-bedroom apartments

Inspired by the French Riviera: Inside the Coco Republic-curated interiors at Florian 

Nothing breeds confidence in the off the plan property market like firm construction timelines.

Completion dates can be the overarching factor in a prospective buyer's decision to purchase or not.

In the off the plan purchasing journey, most buyers have an idea when they want their new property to be ready, and will base the timelines of their current living situation around that.

A number of projects on the Gold Coast are at development application stage, and there are a number which are approved but are waiting for two factors; market conditions to change to become slightly more favourable based on their product mix, and build costs to come down a little further before announcing they're on the market.

We've wrapped up the top apartment projects currently aiming for a 2024 completion date.

<h2>Project: Orama 
Location:&nbsp;Chevron Island&nbsp; 
Developer: Aniko Group</h2>

Promionent developers Aniko has branched out from Hope Island, taking to the burgeoning Chevron Island for their latest development.&nbsp;

Orama will rise 21 levels at 12-16 Weemala Street, conveniently located just off Thomas Drive, the retail, food and cafe hub that dissects the island.&nbsp;

[smartcode_project:default project_id=111898 project_image_fid=209175]

The site is also located on the sought-after eastern side of Chevron Island, which makes it just a short 950 metre walk over the bridge to the heart of Surfers Paradise.

102 apartments will be constructed within the tower, which Aniko is tipping to be completed by late 2024.

[smartcode_project:default project_id=111898 project_image_fid=209594]

Six residences will take up a spot across each floor, with the lower levels comprising two-bed, two-bath configurations, while the higher levels will feature three-bedroom skyhomes and two penthouses.&nbsp;

Plus Architecture has designed the tower, which will feature a sprawling rooftop recreation area overlooking Surfers Paradise.&nbsp;

The entire 21st level will house a lap pool and spa with 180 degree views across the ocean, a gym with a sauna and a yoga space, and a business lounge with private offices, booths, and a boardroom.

Read more:&nbsp;<a href="/news/qld/aniko-launch-orama-apartments-on-chevron-island">Aniko launch Orama apartments on Chevron Island</a>

Read more:&nbsp;<a href="/news/qld/creating-a-sense-of-community-the-rooftop-terrace-set-to-bring-orama-chevron-island-residents-together">"Creating a sense of community": The rooftop terrace set to bring Orama, Chevron Island residents together</a>

<h2>Project: Cascade 
Location: Robina 
Developer: Andrews Projects&nbsp;</h2>

The Danny Andrews-led Andrews Projects has seen keen interest from buyers since launching their Robina project Cascade to the market.&nbsp;

The group has secured $125 million in pre-sales at the $250 million 116 Lavar Drive project, with its desirable location in the heart of the master planned suburb a major drawcard.&nbsp;

[smartcode_project:default project_id=135618 project_image_fid=208702]

Two boutique 15-storey towers will be constructed across the site, offering a mix of two and three-bedroom apartments, as well as an exclusive collection of three-bedroom penthouses.&nbsp;

The residences will feature large open plan kitchens, living and dining spaces, along with full-height double glazed windows, Miele appliance, Caesarstone benchtops and fully ducted air-conditioning.&nbsp;

[smartcode_project:default project_id=135618 project_image_fid=208703]

A 25-metre magnesium pool, gym, spa pool and sauna form part of the state-of-the-art wellness centre set to be on offer in Cascade, while generous landscaping complements the lush communal areas which include an amphitheatre and private poolside cabanas.

Cascade is also planning for a late 2024 completion date, with a number of two and three-bedroom floorplans still remaining.&nbsp;

Read more:&nbsp;<a href="/news/qld/andrews-projects-launches-cascade-robina-apartments-scoring-125-million-in-pre-sales">Andrews Projects launches Cascade, Robina apartments, scoring $125 million in pre-sales</a>

<h2>Project: Rhythm Kirra Hill 
Location: Coolangatta&nbsp; 
Developer:&nbsp;Immerse Projects</h2>

Immerse Projects also joins the list, with Rhythm Kirra Hill.&nbsp;

40 coastal apartments are being constructed across the site, in what is the first project to be launched&nbsp;under the newly branded development company.&nbsp;

[smartcode_project:default project_id=112169 project_image_fid=207366]

Designed by award-winning firm BDA Architecture, Rhythm Kirra Hill will capture the essence of a modern coastal lifestyle with a selection of two-bedroom, two-bathroom apartments across the seven-level building, with five different floorplans on offer.

The apartments range in size from 95 sqm to 157 sqm, with the project tipped to appeal to a broad range of buyers.&nbsp;

Rhythm Kirra Hill will feature a host of tailored amenities framed by sub-tropical landscaping, with the rooftop featuring a pool, barbecue area, and sun lounge deck, in addition to the ground-level amenity which includes a sauna, gym, meeting room, and an outdoor shower.

[smartcode_project:default project_id=112169 project_image_fid=207368]

Located in the heart of Coolangatta, residents will be just 150 meters from the shopping, dining and entertainment precinct along The Strand, while also being just a short stroll from a number of beaches, cafes and restaurants.

One, two and three-bedroom apartments can still be purchased in the development, with construction due to wrap by early 2024.&nbsp;

Read more:&nbsp;<a href="/news/qld/rhythm-kirra-hill-brings-affordability-back-to-kirra">Rhythm Kirra Hill brings affordability back to Kirra</a>

<h2>Project: Yves 
Location: Mermaid Beach 
Developer: Hirsch &amp; Faigen</h2>

Hirsch &amp; Faigen’s $200 million Yves is set to wrap on construction in August next year.&nbsp;

Comprising 145 luxury residences, all the one-bedders have been sold in the Mermaid Beach development, with just two and three-bedroom apartments remaining, in addition to the remaining half-floor and full-floor sub-penthouse and penthouse. &nbsp;

[smartcode_project:default project_id=102451 project_image_fid=186075]

Construction giant Hutchinson's began the build in May last year on the prime 7-9 Mermaid Avenue site, just metres from the famed Hedges Avenue beachfront strip.&nbsp;

Designed by Rothelowman, the project is the third Gold Coast development for Hirsch &amp; Faigen, with each building crowned by outdoor rooftop seating.&nbsp;

[smartcode_project:default project_id=102451 project_image_fid=194832]

Residential amenity will feature in the shared lobby, which have been designed as greenhouses to create a suburban feel.&nbsp;

A north-facing swimming pool will be the centrepiece of the offering, with the space complete with an additional pool and yoga deck, a gym, sauna, recreation lounge and barbecue seating.

Read more: <a href="/news/qld/secure-yves-mermaid-beach-apartments-with-just-a-10k-deposit">Secure Yves, Mermaid Beach apartments with just a $10k deposit as Coposit launches in Queensland</a>

Read more:&nbsp;<a href="/news/qld/why-locals-are-buying-an-yves-mermaid-beach-apartment">Why locals are buying an Yves, Mermaid Beach apartment</a>

Read more:&nbsp;<a href="/news/qld/hirsch-faigen-appoint-hutchinson-builders-to-deliver-gold-coast-apartment-development-yves">Hirsch &amp; Faigen appoint Hutchinson Builders to deliver Gold Coast apartment development, Yves</a>

<h2>Project: The AU 
Location: Surfers Paradise 
Developer: ASF Group</h2>

The AU takes up shop along Surfers Paradise's renowned Esplanade.&nbsp;

The luxury development gives residents the chance to live right on the beach, while being just moments from all Surfers has to offer, along with the rest of the Gold Coast.&nbsp;

[smartcode_project:default project_id=6762 project_image_fid=187228]

The 19-storey development delivers a collection of 12 full floor and two tri-level penthouses, which have been designed by Archidiom with interiors by the renowned&nbsp;Greg Natale.

Everything about the homes exudes timeless and opulent luxury, with triple-height glazing, showcasing unbeatable ocean vistas and filling each living area with natural light, as well as detailed marble flooring and structural columns with an art-deco style fluted pattern.

Residents of The AU will also have exclusive access to the on-site club which features a sun deck and lounge, sauna, gymnasium, barbeque and dining area and an ocean-view pool.

[smartcode_project:default project_id=6762 project_image_fid=187221]

Just a handful of four-bedroom residences remain in the Surfers Paradise development, with construction slated to wrap by the end of 2024.&nbsp;

Read more:&nbsp;<a href="/news/qld/how-the-au-maximises-the-surfers-paradise-beachfront-more-than-any-other-development">How The AU maximises the Surfers Paradise beachfront more than any other development</a>

Read more:&nbsp;<a href="/news/qld/how-the-french-art-deco-influence-inspired-greg-natales-design-of-the-au-surfer-paradise-apartments">How the French Art Deco influence inspired Greg Natale's design of The AU, Surfer Paradise apartments</a>

Read more:&nbsp;<a href="/news/qld/display-tour-video-the-au-by-asf-group-at-52a-the-esplanade-surfers-paradise">Display Tour Video: The AU by ASF Group at 52A The Esplanade, Surfers Paradise</a>

Completion dates can be the overarching factor in a prospective buyer's decision to purchase or not

Top five Gold Coast apartment developments completing construction in 2024

Construction has started on a new residential development in Brisbane’s coastal suburb of Wynnum. &nbsp;

Town Planning Alliance has submitted revised plans on behalf of a company linked to Cavcorp's Michael Cavallucci, for a previously approved project at 75 Tingal Road, Wynnum.&nbsp;

The 1215 sqm site was previously occupied by a church, which has recently been demolished in preparation for the new development.&nbsp;

Red Door Architecture have handled the designs of the five-storey development, which "takes on a sculptural and expressive curved form, poised as an iconic addition to the Bayside precinct which takes inspiration from the site’s seaside character."

In response to the Council’s citywide amendment to rooftop gardens and green space, the main amendment to the project has been the reconsideration to the the design of the communal offering, with a view towards maximising residential amenity and celebrating Brisbane’s subtropical outdoor lifestyle.&nbsp;

Crowning the development, the 165 sqm rooftop terrace will be centralised within the rooftop, set within subtropical landscaping, featuring health and wellness, entertainment and outdoor play zones.&nbsp;

<img alt="Render of the communal rooftop terrace in the proposed Wynnum development. " data-entity-type="file" data-entity-uuid="804674ec-c293-47f1-858e-8e98f7653a52" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-01-30%20at%203.57.31%20pm.png?VersionId=TVH_ClIcJSUJQV46PnlBEdTXSZU39k.n" />Render of the communal rooftop terrace in the proposed Wynnum development. Credit: Red Door Architecture.

A swimming pool, with sun beds, sun lounges and an outdoor shower will be on offer, in addition to barbecue facilities, outdoor dining and seating areas, a yoga area, kids play lawn and amphitheatre seating.&nbsp;

Significant setbacks to the rooftop however will ensure the building continues to present from the streetscape as a five-storey building.&nbsp;

The relocation of the communal open space enabled the developers to add an additional apartment, increasing the number from 27 to 28 residences.&nbsp;

A mix of one, two and three-bedroom apartments will be on offer, with the amended plans increasing the living spaces in each apartment, providing enhanced liveability.&nbsp;

Each incorporates an open plan design, with the living, dining and kitchen spaces flowing seamlessly to outdoor balconies, with some featuring barbecue and outdoor dining facilities.&nbsp;

Five to six apartments will be set across each floor, with two levels of basement car parking provided for the site.&nbsp;

Future residents will be within walking distance to a range of high frequency public transport options, including Wynnum Central Train Station, which is just 400 metres from the site, in addition to several bus routes along Tingal Road.

[smartcode_project_cta:default project_id=137562]

Red Door Architecture have handled the designs of the five-storey development, which takes on a sculptural and expressive curved form

Latest Queensland Property News

Bilinga House apartments snapped up as Greyburn commences construction

Editor's Picks

Developments

New apartments

New townhouses

News

Latest Queensland Property News

Bilinga House apartments snapped up as Greyburn commences construction

Editor's Picks

Receive the latest news stories to your inbox

Developments

New apartments

New townhouses

News