Kew has long been regarded as one of Melbourne's premier residential suburbs. It's a location defined by its grand period homes, leafy streets and some of the city's most prestigious schools, yet it has often sat just outside the spotlight cast on neighbouring Hawthorn and Camberwell.

Increasingly, however, buyers are recognising that Kew offers much of what draws people to those suburbs, with a quieter residential setting, exceptional amenity and long-term owner-occupier appeal.

Within a few minutes' walk, residents can access Kew Junction, one of Melbourne's most established village centres. Cafés, bakeries, restaurants, supermarkets, boutique retailers and everyday services are all on the doorstep, with local favourites including Centonove, Adeney Milk Bar Cafe, and Frank &amp; Harri creating the type of walkable lifestyle that has become increasingly difficult to find in Melbourne's inner east. Beyond the immediate neighbourhood, Glenferrie Road's renowned shopping and dining precinct in Hawthorn and the retail, dining and entertainment offerings of Camberwell Junction are both just a short drive or tram ride away.

The suburb is equally well connected. Tram routes 48 and 109 provide direct access to the CBD, while High Street and Cotham Road connect residents to the wider inner east.&nbsp;Nearby access to the Eastern Freeway also places the Yarra Valley, Mornington Peninsula and Melbourne Airport within easy reach, adding another layer of convenience for weekend travel.&nbsp;It's a rare combination of connectivity and tranquillity, where quiet residential streets sit just moments from some of Melbourne's most established shopping and lifestyle precincts.

For families, Kew remains one of Melbourne's most tightly held addresses. Carey Baptist Grammar School, Xavier College, Methodist Ladies' College, Trinity Grammar, Ruyton Girls' School and Genazzano FCJ College are all nearby, while the Yarra River parklands, walking trails and sporting clubs provide another layer of lifestyle appeal.

It's within this established pocket that developer Ricdanic is delivering <a href="https://www.apartments.com.au/new-apartments/wimba-ave-kew-9-11-wimba-avenue-kew-vic-3101">Wimba Ave</a>, a boutique collection of just 13 residences across two buildings named after its location on the tree-lined Wimba Avenue,&nbsp;within one of Kew's most prestigious pockets where homes have been known to sell up to and above $8 million.

[smartcode_project:default project_id=140755 project_image_fid=354809]

The residences prioritise the space that buyers are increasingly searching for but struggling to find in established suburbs. Living areas extend beyond five metres in width, ceiling heights range from three to five metres, and apartments open onto private gardens averaging around 125 sqm. Selected residences also feature balconies of approximately 60 sqm, while premium inclusions include Miele appliances, double-glazed windows, EV readiness, fully electric systems and a 7.2 NatHERS energy rating.

Architect Chris Idle says opportunities to deliver homes of this scale within established suburbs have become increasingly uncommon.

"There are very few opportunities to do these kinds of developments in leafy, established suburbs," he says. "To get this level of amenity, natural light, and architectural freedom in such a setting is extremely rare."

[smartcode_project:default project_id=140755 project_image_fid=366267]

The architecture draws on Kew's established character through the use of handmade Krause bricks, while landscaping by John Patrick introduces 23 plant species, including nine native varieties, creating an environment which focuses just as much on nature as it does the building.

Construction on Wimba Ave is well underway by renowned high-end builder Sinjen, with completion expected in late 2027. Prices start from $2.22 million.

[smartcode_project_cta:default project_id=140755]

Joel Robinson

The enduring appeal of Kew's tree-lined streets and village lifestyle

"For me, it's the location." That was the first thing Chris pointed to when reflecting on why he and his wife Marita decided to purchase at Candela Ivanhoe, the under-construction new apartment development by Salter Brothers in the heart of the north-eastern M​elb​ourne​ suburb. ​

"We've lived here before… everything is here," Chris said.

"Our doctor is around the corner, there's dentists, pilates, everything we need, restaurants, fast food places, two train stations, Ivanhoe and Darebin, both in walking distance. You don't need anything else."

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Just 10 kilometres from Melbo​urn​e's CBD, Ivanhoe combines direct city connectivity with the amenity of an established village community. Residents have access to highly regarded schools, expansive parklands, public transport, and a thriving retail and hospitality precinct centred around Upper Heidelberg Road, all within a neighbourhood that has retained its leafy character despite its proximity to the city.

<a href="https://www.apartments.com.au/new-apartments/candela-ivanhoe-40-upper-heidelberg-road-ivanhoe-vic-3079">Candela Ivanhoe</a> sits within the heart of this established landscape, positioned just moments from Ivanhoe Village and within walking distance of many of the suburb's most sought-after amenities.

[smartcode_project:default project_id=342 project_image_fid=364553]

From Candela, residents can access cafés, grocers, wine bars, restaurants and essential services on foot, while Ivanhoe Station and Darebin Station provide direct connectivity across Mel​bour​ne. The development is also surrounded by some of the suburb's best-known lifestyle destinations, including Pinkie, Laurent, Enni, Docasa and Woodfire Pizza e Cucina, alongside Ivanhoe Plaza, Woolworths, pharmacies and specialty retailers.

Green space is another defining feature of the suburb. Darebin Parklands, Ivanhoe Park, Nellie Ibbot Park and the Yarra River trail network provide extensive opportunities for recreation, while Ivanhoe Golf Course and Ivanhoe Tennis Club continue to underpin the area's long-established lifestyle appeal.

The suburb's education offering further strengthens demand. Ivanhoe Grammar School, Ivanhoe Girls' Grammar School, Mary Immaculate Primary School and Ivanhoe Primary School have helped establish the area as one of Melbou​​rne's most sought-after schooling precincts, attracting families and downsizers alike who want to remain connected to the area.

[smartcode_project:default project_id=342 project_image_fid=357510]

While location was the priority for Marita and Chris, the project itself also needed to meet their expectations.

"Whilst location was paramount, I was also looking at design of the environment and Candela ticked every box," Marita said.

"We're just thrilled with our choice."

[smartcode_project:default project_id=342 project_image_fid=336455]

Developed by <a href="https://www.apartments.com.au/developers/salter-brothers">Salter Brothers</a>, Candela Ivanhoe has been designed to complement its village setting, with an emphasis on generous floorplans, natural light and practical everyday living.

Residents will have access to a range of shared amenities, including a communal rooftop garden and dedicated residential lounge, complemented by a ground-floor café and lifestyle wellbeing centre, helping foster the sense of community already emerging among future owners.

That approach has resonated strongly with the market. More than 90 per cent of purchasers at Candela Ivanhoe are owner-occupiers, with buyers ranging from downsizers and second-home buyers to young families and first home buyers, creating a genuinely multi-generational community of grandparents, parents and children. It reflects a broader shift across Melbo​​urne's apartment market, where buyers are increasingly prioritising neighbourhood quality, lifestyle amenity and long-term liveability.

Currently under construction by Ironside, Candela Ivanhoe comprises 58 apartments. Candela Ivanhoe is scheduled for completion in the coming months, and residents can move in from September. One to four bedroom residences, prices from $649,000 and limited opportunities remaining.

[smartcode_project_cta:default project_id=342]

Location and lifestyle drive demand at Candela Ivanhoe

As apartment buyers increasingly look beyond the four walls of their residence, the quality and depth of shared amenity has become a defining factor in how developments are designed and experienced, particularly in the high-rise, new apartment development space.

In Southbank, where high-density living continues to evolve, developers are placing greater emphasis on creating environments that support wellbeing, connection, and convenience as part of everyday life.

That approach sits at the heart of <a href="https://www.apartments.com.au/new-apartments/aura-at-melbourne-square-7-hoff-boulevard-southbank-vic-3006">AURA</a>, the latest residential tower in <a href="https://www.apartments.com.au/developers/osk-property">OSK Property</a>’s $3.5 billion Melbourne Square precinct. Rising 67 storeys above Hoff Boulevard, the 673-apartment development has been conceived around what OSK describes as a “vertical wellness ecosystem”, a layered collection of amenities that extends throughout the building rather than being confined to a single podium level.

[smartcode_project:default project_id=151921 project_image_fid=370263]

The amenity offering begins on the seventh level within the AURA Club, a dedicated resident hub focused on health, relaxation, and daily convenience. Here, residents will have access to an indoor swimming pool, cold plunge, spa, sauna, and steam room, alongside a fully equipped gym, reformer Pilates studio, and yoga room.

The wellness facilities are complemented by a range of spaces that acknowledge the changing ways people live and work. Work-from-home lounges and co-working areas sit alongside a library, music room, games room, cinema facilities, and open-air terrace spaces, providing residents with flexible environments that can adapt throughout the day.

[smartcode_project:default project_id=151921 project_image_fid=367468]

Beyond the internal amenity, AURA introduces a series of Japanese-inspired gardens that form a quieter counterpoint to the tower’s social spaces.

Landscaped retreats feature curated outdoor dining, tranquil courtyard seating, fire pit, and a tea house pavilion. Rather than functioning as simple recreational areas, the gardens have been designed as places for reflection and informal gathering, drawing on principles of balance, nature, and calm that underpin the project's broader design philosophy.

[smartcode_project:default project_id=151921 project_image_fid=367810]

The social amenity continues to evolve as residents move higher through the building. Levels 49 and 50 house the Meridian Club, where a lounge bar, conservatory spaces, and private dining rooms take advantage of elevated city views. At the summit of the tower, the exclusive Cumulus Club spans Levels 66 and 67, offering additional lounges, private dining, and meditation and treatment rooms positioned above Melbourne’s skyline.

For OSK Property, the extensive amenity offering reflects a broader focus on wellbeing as a core component of apartment living rather than an added feature.

“Aura stands tall as an exemplar of holistic wellness – its focus on social, physical and mental health culminate in a building that is calming, restorative and relaxing, where residents will have their own sanctuary within the well-connected and sought-after Southbank,” says OSK Property CEO Chong Boon Woon.

[smartcode_project:default project_id=151921 project_image_fid=367796]

AURA’s amenity strategy extends beyond the tower itself through its integration with the wider Melbourne Square precinct.

Residents will have direct access to Kennedy Park, Southbank’s 3,745 sqm landscaped public park, alongside a full-line Woolworths supermarket, childcare centre, hospitality venues, and approximately 1,600 sqm of additional retail planned within AURA’s lower levels. Together, these elements create a highly connected residential environment where daily needs, recreation, and wellness are woven into the fabric of the community.

[smartcode_project:default project_id=151921 project_image_fid=370253]

As Melbourne’s apartment market continues to mature, developments are increasingly judged by the lifestyle they provide beyond individual residences.

Through its combination of wellness facilities, landscaped retreats, social clubs, and precinct-wide amenity, AURA represents a shift toward a more comprehensive model of vertical living, one where shared spaces play as significant a role as the homes themselves.

[smartcode_project_cta:default project_id=151921]

AURA elevates amenity living at Melbourne Square

Builder-developer Scion is the latest to target Sydney's booming Hills Showground Metro precinct, filing plans for more than 100 apartments within walking distance of the station.

Scion has lodged a concurrent rezoning and State Significant Development Application for <a href="https://www.apartments.com.au/new-apartments/27-33-middleton-avenue-castle-hill-nsw-2154">27–33 Middleton Avenue</a>, where it plans to replace four existing homes with an 11 and 14-storey mixed-use development comprising 109 apartments, six affordable housing dwellings, and a ground-floor café.

Designed by BHK Architects, the proposal includes three levels of basement parking with 174 spaces, more than 1,200 sqm of communal open space, and extensive landscaping across the 3,791 sqm site.

The development has been designed as two buildings connected by a recessed wintergarden spine, with the 14-storey building positioned to the south and the 11-storey building to the north.

<img alt="Scion" data-entity-type="file" data-entity-uuid="64dc359d-736b-43b8-87a8-70a8285cab47" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-25%20at%208.47.01%E2%80%AFPM.png?VersionId=PXh.m8id_aevBPHEckPf88wQ2RQThPos" />

The apartment mix has been weighted towards owner-occupiers, with 13 one-bedroom apartments, 55 two-bedroom residences, 31 three-bedroom apartments, six three-bedroom lofts, and four four-bedroom homes. Six apartments will be dedicated as affordable housing in line with the NSW Housing SEPP.

According to the Architectural Design Report by BKH, the proposal seeks to create "a place-responsive architecture" inspired by the natural landscape surrounding Cattai Creek, while strengthening the public domain through landscaping, active frontages and a neighbourhood café.

Atlas Urban, in its Urban Design Report, says the proposal takes a different approach to increasing density around Hills Showground Station by favouring a more slender, vertically articulated built form over a conventional mid-rise outcome. The report argues this allows for greater deep soil planting, improved solar access and a better public domain outcome, while still delivering additional housing close to rapid public transport.

The site sits around 500 metres from Hills Showground Metro Station, within a precinct earmarked for significant residential intensification following the opening of the Sydney Metro Northwest line. Planning documents accompanying the application note that Greater Sydney's population has grown by more than one million people since planning for the precinct first began, reinforcing the need to accelerate housing delivery around existing transport infrastructure.

Scion is expanding its development pipeline which also includes <a href="https://www.apartments.com.au/new-apartments/chatham-west-ryde-2-6-chatham-road-west-ryde-nsw-2114">Chatham in West Ryde</a>, 62 apartments which are approaching completion. They also have a State Significant Development Application with the NSW Government's Housing Delivery Authority for <a href="https://www.apartments.com.au/new-apartments/96-anzac-avenue-west-ryde-nsw-2114">145 apartments on Anzac Avenue</a>, also in West Ryde.

First look: Scion plots Castle Hill apartment development near Hills Showground Metro Station

<a href="https://www.apartments.com.au/developers/urban-property-group">Urban Property Group</a>&nbsp;has unveiled its scaled-back plans for a pair of towers rising up to 49 storeys directly opposite Bella Vista Metro Station.

The builder-developer will deliver 674 apartments and a new mixed-use hub at the gateway to the station precinct.

The State Significant Development Application has been lodged under the Housing Delivery Authority pathway for the 6,979 sqm site at <a href="https://www.apartments.com.au/new-apartments/9-11-mawson-avenue-bella-vista-nsw-2153">9-11 Mawson Avenue</a>, with the apartments sitting above a mixed-use podium. Initial plans were for closer to 900 apartments across two 40-storey towers.

Located around 30 metres from the Bella Vista Metro Station entrance, the development is intended to act as a catalyst for the long-planned Bella Vista Station Precinct, transforming a vacant site into a transit-oriented residential and commercial destination.

Planning documents describe the project as delivering "a high-density mixed use destination that combines housing, retail and community-serving uses in a highly accessible setting."

<img alt="First look: Urban Property Group plans 674-apartment Bella Vista towers opposite Metro station" data-entity-type="file" data-entity-uuid="21c08216-589e-490d-ad08-2d88b6fa62d9" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/bella%20vista%20podium.png?VersionId=3TnwjjQCNwTsmyQRaWnFrLTSAF0CJeka" />

Designed by <a href="https://www.apartments.com.au/architects/turner-studio">Turner</a>, with landscape architecture by <a href="https://www.apartments.com.au/landscape-architect/arcadia-landscape-architecture">Arcadia</a>, the project comprises 674 apartments, including 102 affordable housing dwellings representing 15 per cent of the residential floor space. The housing mix spans studios, one, two and three-bedroom apartments, alongside a collection of townhouse-style residences integrated into the podium levels. The development also includes specialist disability accommodation and an elevated provision of adaptable and liveable housing.

The mixed-use podium has been designed to create an active urban centre around the Metro station, incorporating a 1,423 sqm supermarket, a 3,029 sqm gym, specialty retail spaces, a 100-place childcare centre and a publicly accessible "city room" community space. A secondary laneway, active frontages and landscaped public areas are intended to improve pedestrian connectivity through the site and strengthen links between the station precinct and surrounding neighbourhood.

In the project's design report, Turner said the proposal responds to Bella Vista's emerging role as a higher-density centre within Sydney's north-west growth corridor.

"The project transforms a strategically located site into a high-density mixed use destination that combines housing, retail and community-serving uses in a highly accessible setting," the report states.

"Active frontages, a publicly accessible city room, a secondary laneway and a mix of uses including a local supermarket, child care centre and gym create a more complete and socially useful urban environment for residents, workers and the wider community."

<img alt="First look: Urban Property Group plans 674-apartment Bella Vista towers opposite Metro station" data-entity-type="file" data-entity-uuid="0fde6220-82de-4f6a-9b63-d0fd8157acc9" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/bella%20vista%20da.png?VersionId=7hEmuSutH8plTd_RqqdmPu055F6qe554" />

Urban Property Group has been one of the busiest developers across Greater Sydney this year.

The developer is progressing around 1,000 apartments across <a href="https://www.apartments.com.au/news/nsw/first-look-urban-property-group-plans-next-major-wollongong-tower">two projects in Wollongong</a>, with several thousand more homes in the pipeline across Newcastle, Castle Hill, Little Bay and Penrith.

First look: Urban Property Group plans 674-apartment Bella Vista towers opposite Metro station

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 trio of Queensland property groups have unveiled plans for a $300 million mixed-use redevelopment of the former Noosa Bowls Club site, a proposal that would deliver more than 200 new homes in one of the Sunshine Coast's most supply-constrained markets.

Kilter Property, Frank Developments and Calile Malouf Investments are behind the plans for the 1.8-hectare site at <a href="https://www.apartments.com.au/new-apartments/99-noosa-drive-noosa-heads-qld-4567">99 Noosa Drive</a>, which would transform the long-vacant site into a new residential precinct featuring 208 apartments, retail, hospitality and public space.

The proposal comes as Noosa continues to grapple with housing affordability and a shortage of permanent accommodation, particularly for key workers. The site's location in Noosa Junction, close to shops, public transport and employment, aligns with the direction of Noosa Council's Housing Strategy, which encourages higher-density housing within established activity centres rather than continued urban expansion.

The draft plans include 48 affordable-by-design apartments and 48 rooming accommodation units aimed at key workers. Around 2,000 sqm of ground-floor retail and food and beverage space would activate the street frontage, alongside a new public town square and landscaped open space.

<img alt="Noosa" data-entity-type="file" data-entity-uuid="2dd02f53-1360-4e51-801e-bfd61a6c980e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-26%20at%208.44.34%E2%80%AFPM.png?VersionId=x1iNs3BSMN6Jy7YUwaBZMHRrrKX2hMpy" />

&nbsp;

Frank Developments Founder and Director Frank Licastro said the development would continue the company's focus on architecturally-led residential projects while addressing one of the region's biggest challenges.

"Not only will this project exude a sense of luxury, it will also enhance not only the built environment but also the surrounding community," Licastro said.

"Noosa's success relies on the people who live and work here. Providing well-designed accommodation for key workers is critical to supporting the local economy and ensuring the Shire can continue to thrive."

Kilter Property Co-Founder Huw Williams said the focus was on delivering additional permanent housing while creating a mixed-use destination that benefits both residents and the wider community.

"Our focus is on delivering a well-considered mixed-use project that provides more permanent housing options, supports local workers and businesses, and delivers an exceptional product for the local market," Williams said.

"The redevelopment vision aligns with the long-term evolution of Noosa Junction as a vibrant activity centre, creating a destination that enhances the area's character while delivering significant economic and community benefits."

Calile Malouf Investments, best known for its role in Brisbane's James Street precinct and The Calile Hotel, will bring its place-making experience to the project. The company recently commenced construction on The Calile Noosa hotel and says the residential development will complement its growing investment in the region.

CMI Director Cal Malouf said the aim was to create a walkable precinct combining housing, retail and hospitality while remaining true to Noosa's character.

"We see a similar opportunity in Noosa to deliver a vibrant, walkable destination that combines exceptional housing, hospitality and retail in one integrated project," Malouf said.

Brisbane-based Cavill Architects has been appointed to design the project.

Noosa Bowls Club to be redeveloped into mixed-use apartment precinct

Gold Coast apartment seekers look set to have the opportunity to secure an apartment on one of the rarest sites in Burleigh Heads.

The largest private landholding on the Burleigh headland has been listed through Colliers, and is expected to sell to a residential apartment developer.

The 3,809 sqm site, across 7-9 and 16-28 Rudd Street, has been held by&nbsp;Christian Youth Council Australia since 1945, who have operated a youth camp for almost 80 years on the site, which adjoins the Burleigh Heads National Park. It&#39;s also&nbsp;a stone&rsquo;s throw away from the beach and Tallebudgera Creek and within walking distance to some of the Gold Coast&rsquo;s best caf&eacute;s, restaurants and boutique shops.

Colliers is marketing the site as a &lsquo;once in a lifetime opportunity&rsquo;.

<img alt="" height="792" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/markups9.jpg" width="1200" />

Colliers agent&nbsp;James Crawford says the sale of CYC Burleigh is a never to be repeated opportunity.

&ldquo;This is largest private land holding available on the Burleigh headland and without doubt, is a once in a lifetime opportunity,&rdquo; said Crawford.

&ldquo;There has been a lot of focus on Burleigh Heads as one of the leading residential destinations in Australia and this site is accordingly expected to see some incredible interest.&rdquo;

Director of Colliers, Steven King, says the CYC Burleigh site is unrivalled in size and is positioned in one of the most exclusive residential enclaves.

&ldquo;Other land holdings of a similar size and position simply do not exist on the headland, so 3,809 sqm of land in Burleigh&rsquo;s premier residential enclave is a truly special and unique offering,&rdquo; said King.

&rdquo;We anticipate the new owner will undertake some form of residential development in line with the residential and community zoning the site has.&rdquo;

&ldquo;We also expect the owner will investigate the additional 1,012 sqm of land which adjoins the site,&rdquo; King added.

The largest private landholding on the Burleigh headland, which has been held by the same owner since 1945, has been listed for sale, with the site spanning 3,809 sqm across 7-9 and 16-28 Rudd Street.



Rare Burleigh Heads site expected to become residential apartment development

Strong population growth, a fast-growing economy and more than $20 billion in infrastructure and investment ahead of the 2032 Olympic Games will continue to drive the Gold Coast property market over the next decade, according to a new report by Colliers.

With vacancies in both the commercial and residential property sectors at new lows, Colliers&rsquo; latest Gold Coast Market Overview forecasts the city will continue outperforming the rest of the country, becoming&nbsp;the epicentre of the post-COVID recovery for investors and national developers.

&nbsp;

[smartcode_project:default project_id=107520 project_image_fid=183047]

The Colliers report says confidence in the market is supported by the Gold Coast Metro residential vacancy rate which has halved to 0.4 per cent over the past year and is now well below Sydney Metro (1.6 per cent) and Brisbane Metro (0.7 per cent).

However, the report warns that rising costs could stall future residential developments, which could further fuel the supply and demand imbalance already impacting the market.

&ldquo;Despite the headwinds facing the residential sector nationally, the forward-looking fundamentals of the Gold Coast market are as robust as we have seen at any other time in the past two years,&rdquo; said Colliers Director, Steven King.&nbsp;

&nbsp;

[smartcode_project:default project_id=108640 project_image_fid=186593]

&ldquo;The city&rsquo;s expected population growth over the next decade will continue to drive demand for housing at a time when supply remains very tight and vacancy rates are at record lows.&rdquo;

The Colliers report reveals that the Gold Coast is on track to grow its population by 145,000 to almost 800,000 by 2032 as the region plays host the Olympic Games.

That&nbsp;means the Gold Coast will need to accommodate an average of 14,500 additional residents every year until the Games.

&nbsp;

[smartcode_project:default project_id=107928 project_image_fid=184934]

With the median price of homes on the Gold Coast at $940,000, the demand shift to apartments will increasingly fill the gap of affordability for new residents, the report finds.

The Gold Coast&rsquo;s economic dynamo is expected to drive the population and property boom over the next decade with the city&rsquo;s economic growth rate currently outpacing those of Melbourne, Sydney and Brisbane, with the Gold Coast economy doubling&nbsp;over the past 10 years to $39.24 billion, accounting&nbsp;for more than 10 per cent of the Queensland economy.

The economy is forecast to grow by 5.6 per cent in 2022, driven by a broad-based recovery of the tourism sector and significant expansion of the healthcare sector which has been the fastest-growing sector of the Gold Coast economy over the past five years.

&nbsp;

[smartcode_project:default project_id=107928 project_image_fid=180734]

The Gold Coast has added 15,600 jobs in the 12 months to the end of March, bringing the city&rsquo;s workforce to 302,397 &ndash; or almost half its resident population of more than 643,000.

The Colliers report has highlighted $20.9 billion in public and private infrastructure spending as the catalyst for sustained growth from projects such as the Southport CBD rejuvenation ($5 billion), Gold Coast Health and Knowledge Precinct investment ($5 billion), Olympic rail infrastructure upgrade ($2.2 billion) and the stage three extension of the Gold Coast light rail ($1 billion).

&ldquo;The improved regional transport infrastructure will positively impact the scale and investment profile of the local property market, attracting capital from institutional investors,&rdquo; said King.

&nbsp;

[smartcode_project:default project_id=107520 project_image_fid=189933]

&ldquo;More jobs, more people, a bigger economy, improved infrastructure and higher demand from businesses will be the key drivers of growth. Infrastructure spending for the Olympics will play a significant role in this growth, but even without this in the mix, the Gold Coast is still the best placed market for growth in Australia in the near term.&rdquo;

The Colliers report finds that lifestyle buyers continue to flock to the Gold Coast post pandemic, inspired by the &lsquo;work from home&rsquo; phenomenon.

&ldquo;Rising interest rates will have some effect on residential demand, and we&rsquo;re seeing that in Sydney and Melbourne,&rdquo; said King.

&ldquo;However, despite the gains we&rsquo;ve seen on the Gold Coast in the past two years, property affordability remains compelling to interstate buyers who are also attracted by a city that is firing on all cylinders.&rdquo;

With vacancies in both the commercial and residential property sectors at new lows, Colliers’ latest Gold Coast Market Overview forecasts the city will continue outperforming the rest of the country



$20 billion infrastructure boom to keep the Gold Coast property market firing: Colliers

The continually successful Mosaic Property Group are approaching a sell-out of their latest Gold Coast apartment project.

Just two apartments remain in the boutique Kirra block Luca, derived from the Latin name Lucas,&nbsp;meaning&nbsp;&ldquo;bringer of light&rdquo;. The three-bedroom apartments are priced from $1.64 million.

Over 90 per cent sold to Mosaic&#39;s VIP waitlist within a month. Around a quarter were repeat Mosaic purchasers, and over half were local owner-occupiers residing in the immediate area. All up over 80 per cent of the apartments sold to local owner-occupiers, a popular trend in Mosaic-developed buildings.

Mosaic Property Founder and&nbsp;Managing Director Brook Monahan says Kirra is a perfect little beach haven that offers residents the peace and tranquillity of a coastal town with the convenience of major city infrastructure.

&quot;It is ideally positioned for easy access to major centres given its proximity to the M1 Motorway via the Tugun Bypass and Gold Coast Highway, while its&nbsp;proximity to the Gold Coast International Airport also makes it attractive location for residents and visitors alike, given direct links to many overseas destinations and numerous daily flights to major Australian cities,&quot; Monahan says.

[smartcode_project:default project_id=111772 project_image_fid=199439]

&quot;Of course there&#39;s also&nbsp;World Heritage Listed National Parks and Byron Bay with its highly coveted natural appeal are also a short drive over the border into northern New South Wales.&quot;

Monahan also noted Kirra&#39;s attraction from&nbsp;an investment standpoint.

Data from PriceFinder showed&nbsp;houses sold during 2021 commanded an 81 per cent, or $693,000 premium above the wider Gold Coast.

[smartcode_project:default project_id=111772 project_image_fid=199442]

&quot;Low residential vacancy rates further underscore the appeal of the area and the comparatively limited amount of housing available to satisfy demand, Monahan added.

The current rental vacancy rate of 0.5% according to RTA, which is so low it can be considered as full occupancy.

On the name Luca, Monahan says they thought the name was apt for the collection of beautiful homes which were designed to maximise the benefits of being located in one of the most spectacular spots on the Coast.

&quot;Residences are spacious and highly considered with elevated ceilings, full-height glazing, and impeccable quality finishes,&quot; Monahan says.

[smartcode_project:default project_id=111772 project_image_fid=199438]

&quot;They have been designed to maximise ocean outlooks, with generous balconies that make the most of the idyllic subtropical living.

As part of Mosaic&rsquo;s ongoing commitment to sustainability, Luca will pursue a UDIA 6 leaf Envirodevelopment certification, with a range of initiatives set to be implemented to ensure a collection of homes that are not only visually appealing but also designed to be friendlier to the environment.

Designed by Gatehouse Architects, Luca will feature a level one recreation area which will include&nbsp;a resort-style pool, sauna, and outdoor kitchen, complete with barbecue facilities and dining areas.

Luca is Mosaic&#39;s second Coolangatta project, following the successful Elan by Mosaic, which sold out in 2019.

[smartcode_project_cta: project_id=111772]

Luca is Mosaic's second Coolangatta project, following the successful Elan by Mosaic, which sold out in 2019

Mosaic approach sell-out of Kirra apartment project, Luca

The Abedian family are back in the property development game.

Soheil Abedian, founder of the prominent Queensland developer Sunland Group, which has been shedding its property assets in recent years with a view to wind-down operations, has filed plans for an owner-occupier focused apartment tower on its recently secured&nbsp;Mermaid Beach site.

The amalgamated site at 35-41 Peerless Avenue is located&nbsp;less than 400 metres from Sunland&#39;s nearby luxury tower 272 Hedges which is nearing completion, and is next door to the recently completed Bela by Mosaic Property.

Abedian has had Spatium Architects draw up plans for the development, another focused on the owner-occupier, with the majority of the 124 metre high tower dominated by three-bedroom apartments.

<a href="/new-apartments/peerless-39-peerless-avenue-mermaid-beach"><img alt="" height="974" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-06-22_at_3.40.01_am.png" width="1726" /></a>

There will be 103 apartments in total, 44 two-beds which start at a generous 117 sqm internal living space and a further 11 sqm balcony.

Some 64 three-bed apartments are planned, which will start from nearly 200 sqm internally and have nearly 20 sqm balcony space. The sub-penthouse three-beds will span half a floor.

There will be a sole four-bedroom apartment, the sprawling rooftop penthouse, which will span over 400 sqm of living space and a further 280 sqm of outdoor area which will feature its own lawn.

<a href="/new-apartments/peerless-39-peerless-avenue-mermaid-beach"><img alt="" height="986" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-06-22_at_3.39.49_am.png" width="1728" /></a>

Spatium Architects said in their design statement submitted to the Gold Coast City Council that the amalgamation of four&nbsp;properties in Peerless Avenue presents an opportunity for a significant tall residential building, defining the southern boundary of the high density residential zone in Broadbeach.

&quot;The site has high visual exposure from the Gold Coast Highway and Hedges Avenue, and from a distance will become the landmark building along the southern high rise fringe,&quot; the statement noted.

&quot;The vision for this development is simple in the desire to create a carefully crafted residential project which not only provides a beautiful living environment for the residents, but also pays respect to the community in the way it integrates with its street context and the city skyline.&quot;

They said that all apartments are generously sized to provide genuinely liveable spaces and that the unit mix, rather than being focused solely on high income earners, provides well designed homes for a large cross section of the community in the form of two, three and four-bedroom apartments.

All apartments include study areas to accommodate the continuing work from home&nbsp;trend.

<a href="/new-apartments/peerless-39-peerless-avenue-mermaid-beach"><img alt="" height="986" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-06-22_at_3.39.44_am.png" width="1726" /></a>

The landscaped recreational facilities deck is located on the elevated podium. That will feature a 25 metre lap pool with lagoon and an inpool spa and surrounded by poolside garden pods. There&#39;s a garden barbecue terrace with lounge seating areas, a gym with both a yoga room and a yoga lawn, two saunas and a stream room.

There&#39;s further work from home space in the form of a lounge with library and meeting room. Set privately away from the pool is a private bar and dining room with a green roof, which can be booked out by residents.

<a href="/new-apartments/peerless-39-peerless-avenue-mermaid-beach"><img alt="" height="906" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-06-22_at_3.51.13_am.png" width="908" /></a>

It was announced in 2020 that the Sunland Group would start winding down its operations, with a view to being out of the property game in three to five years.

They sold their redevelopment opportunity in Coolangatta, the Greenmount Resort, as well as its retail development precinct The Lanes in Mermaid Waters&nbsp;and a prime site on Hedges Avenue.

Soheil Abedian has filed plans for an owner-occupier focused apartment tower on its recently secured Mermaid Beach amalgamation



Exclusive: Sunland's Abedian family back with Mermaid Beach apartment tower

Hedges Avenue is one of the most exclusive strips of real estate in Queensland, and among the top in the whole of Australia.

Only a handful of homes sit on the two&nbsp;kilometre strip in Mermaid Beach, just south of Broadbeach.

The last five houses have sold for a total of nearly $70 million, with two of the sales securing over $20 million each.

The beachfront is naturally the most sought-after, however the non-beach side blocks are still just a stone's throw from the sand.

There's been little to no opportunity for buyers on Hedges for anything between an apartment or a house. Sunland recently wrapped up 272 Hedges Avenue, the owner-occupier targeted tower with three and four-bed apartments.

The local developer <a href="/developers/sandbox-properties">Sandbox Properties</a>, well known for their high-end boutique townhouse developments in some of the Gold Coast's best pockets, have put together a site on Hedges Avenue and have recently launched 200 Hedges, a rare opportunity to secure a slice of&nbsp;the exclusive dress circle.

[smartcode_project:default project_id=112850 project_image_fid=201327]

200 Hedges has five four-level Ocean Houses, each with four bedrooms, configured to act as a three bedroom home and a one-bedroom, self-contained apartment.

The villas, serviced by an internal lift,&nbsp;will have two living areas, the main meeting the entertainer's kitchen which includes a built-in, glass feature wine cellar, walk in pantry, integrated Miele appliances, and designer tapware.

Each are crowned by a serviced rooftop terrace complete with ocean views. Every villa also comes with its own private pool and pool house, a built-in home office, and parking for two cars.

[smartcode_project:default project_id=112850 project_image_fid=201329]

Sandbox Director Jack Tarrant said they are all about location when it comes to development.

"We're very selective when it comes to choosing sites," Tarrant says, adding that it's all about the lifestyle for the end user.

Tarrant says most of the enquiry on 200 Hedges so far has been from locals moving along Hedges, some of which who are concerned about the oceanway.&nbsp;

[smartcode_project:default project_id=112850 project_image_fid=201332]

"We're offering a low maintenance product, considerably lower maintenance than the huge mansions opposite," Tarrant says.

Sandbox have a number of luxury projects currently on the market, including Marlowe and Marella at Runaway Bay, right on the canal front.

[smartcode_project_cta:default project_id=112850]

200 Hedges has five four-level Ocean Houses, each with four bedrooms, configured to act as a three bedroom home and a one-bedroom, self-contained apartment

200 Hedges: The rare luxury villas on Queensland's best street

<h2>EXPERT OBSERVER</h2>

The SEQ story is a very strong one.

The region should remain resilient to higher interest rates because of its relative affordability, high population growth, constrained supply, accelerating interstate and overseas migration, rising rents and low vacancy rates, and the Olympic program.

<h2>1. A Booming Population</h2>

With a population of around 3.8&nbsp;million, the SEQ region is set to grow by another 1.65&nbsp;million by 2041.

Brisbane, Gold Coast and the Sunshine Coast account for 70% of net interstate migration to Queensland which is&nbsp;currently at a 15 year high and far exceeds every other state in Australia.

<img alt="" height="936" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-06-20_at_3.51.03_pm.png" width="1334" /> 
East coast capital city net interstate migration. Source: ABS

<h2>2. Significant Infrastructure Investment</h2>

The total infrastructure pipeline for Brisbane, Gold Coast and Sunshine Coast is currently $75+ billion&nbsp;&ndash; the greatest concentrated infrastructure boom SEQ has experienced.

[smartcode_project:default project_id=112349 project_image_fid=199469]

The recently finalised SEQ &ldquo;City Deal&rdquo; is the largest in the nation and is estimated to be worth $58 billion to the local economy. Furthermore, confirmation that Brisbane will host the 2032 Olympics will sure up and boost this pipeline substantially.

<h2>3. Strong Base Fundamentals</h2>

Economic and employment growth, relative affordability, low vacancy rates, superior rental yields and declining supply validate the SEQ investment story.

<img alt="" height="764" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-06-20_at_3.48.40_pm.png" width="1338" /> 
South east Queensland economic growth. Source: ID Community

<img alt="" height="834" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-06-20_at_3.51.54_pm.png" width="1286" /> 
&nbsp;

South east Queensland employment growth. Source: ID Community

In Brisbane, it will take 6.2 times the average wage to pay off a dwelling. Comparatively in Melbourne and Sydney, it will take 8.3 and 9.5 times the average wage respectively (source: ANZ)

<img alt="" height="788" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-06-20_at_3.53.56_pm.png" width="1300" /> 
Average dwelling price to income ratio. Source: ANZ

<h2>4. An Impeding Product Under-Supply</h2>

Rental vacancy rates are one of the best lead indicators of the underlying demand/supply balance in residential property markets.&nbsp;Vacancy rates across SEQ have been progressively declining since 2016, and now sit at all-time lows.

They have remained consistently below those in Melbourne and Sydney for a number of years. At 0.6%, the current vacancy rate across SEQ represents an extremely tight and undersupplied rental market.

[smartcode_project:default project_id=112349 project_image_fid=199468]

As a consequence of such consistently and comparatively low levels of vacancy, yearly rental growth across SEQ has been considerably stronger than that which has been experienced in Melbourne and Sydney.

Furthermore, this growth has ensured sustained SEQ rental yields of 5%, significantly higher than those being achieved in Sydney and Melbourne which both sit at near-record lows of 3.7%.

[smartcode_project:default project_id=112349 project_image_fid=199473]

Based on historical demand and likely anticipated supply,&nbsp;SEQ will experience a shortfall of more than 16,500 new apartments over the next four years.

<img alt="" height="914" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-06-20_at_3.58.07_pm.png" width="1304" /> 
&nbsp;

SEQ potential apartment settlements. Source: CoreLogic, JLL, Place Advisory, PriceFinder.

<h2>5. Strongest Performing Market this Cycle</h2>

The last true SEQ growth cycle occurred between 2001 and 2004. During this period, the region outperformed the southern capitals just as it had during previous peak growth phases.

History shows that in the context of market cycles a period of&nbsp;SEQ outperformance is well overdue and that the current growth cycle likely has much further to run (see diagram below).

<img alt="" height="632" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-06-20_at_3.59.36_pm.png" width="1450" /> 
SEQ yearly increase in average house price. Source: Pricefinder

Michael Zaghini is the Head of Research at Mosaic Property Group

South East Queensland boasts a powerful combination of having a thriving world-class capital city, an enviable lifestyle, stunning beaches, record infrastructure investment, strong employment growth, and a high level of housing affordability

Five reasons SEQ property will continue to outperform other regions: Mosaic Property

For their debut Gold Coast apartment project, the prominent Brisbane developer, Siera Group, wanted to pay homage to Chevron Island's emerging arts and cultural precinct.

Their development, Tapestry, inspired by HOTA and designed to be a ‘home amongst the art’, will feature an instillation created by a local artist, to pay respects to the Gold Coast’s emerging arts and cultural precinct.

The works, which hang proudly in the onsite Darrambal Street display suite, have been created by the internationally recognised, Burleigh Heads artist Tania Blanchard, who is well known for her impasto style.

[smartcode_project:default project_id=108641 project_image_fid=199340]

Blanchard says&nbsp;her instillation for Tapestry represents Chevron’s growing art culture and great sense of local community.

“An authentic Tapestry symbolises the connection of a community moving through life, almost like a river flowing into the ocean,” Blanchard said.

“The ideology behind my artwork draws on this sense of individuals coming together to form a community, which in this case, are the Tapestry residents.

[smartcode_project:default project_id=108641 project_image_fid=192961]

“Each resident at Tapestry can imagine themselves as one of those paint strokes in the painting. As an individual they’re all unique, but when they come together it makes a beautiful piece of art,” Blanchard added.

When the project is complete, the art will hang in the lobby entry to the 22-level tower just a stones throw from Surfers Paradise.

Tapestry on Chevron is the first development on the Gold Coast to employ such a commitment to capturing the neighbourhood's artistic flair.

[smartcode_project:default project_id=108641 project_image_fid=192972]

Siera Group founder, Brent Thompson says part of his vision was to collaborate with a talented local artist, who could use their artistic talent to create a story for Tapestry that would make future residents feel a part of the project all whilst paying respect to the work being done at the neighbouring HOTA.

“Something that was really important to us when creating Tapestry, was paying tribute to what the city of Gold Coast has done with HOTA and the emerging arts precinct,” Thompson said.

“We believe Tania’s artwork will very much link HOTA and the emerging cultural precinct as well as the vibrant and tight-knit community that can be seen and felt throughout the high street.

[smartcode_project:default project_id=108641 project_image_fid=192960]

“We engaged Tania to create this unique piece of art that provides a visual representation of the interwoven connection between community, river, hinterland, and beach.

“Tania has her own distinctive signature style that we felt best captured our vision for the project and, when hung in the lobby, would add to the sense of place for our future residents who call Tapestry home.”

Tania has created and developed her own signature style, which from a distance looks like a minimalistic, impressionistic scene. However, with closer inspection an immense layering of coloured impasto can be seen.

[smartcode_project_cta: project_id=108641]

Brisbane based Siera Group has appointed a Gold Coast artist to encapsulate the city’s vibrant culture and arts scene through displaying a commissioned piece of artwork in the lobby of their latest development, Tapestry.



How Siera Group are paying homage to the Gold Coast's art scene with Tapestry, Chevron Island apartments

Owner-occupiers have flocked to Ventura Residences, the new Mermaid Beach development by the longstanding Gold Coast apartment development family, Niecon Developments.

All of the two-bedroom apartments in the Ventura Road development of 47 apartments have already sold, with only a few three-bedroom apartments left.

[smartcode_project:default project_id=108737 project_image_fid=199485]

The project&#39;s unique offering of a three-bedroom apartment is a rarity for&nbsp;Mermaid Beach,&nbsp;with each residence&nbsp;complete with two-bathrooms and one or two car spaces.&nbsp;

Ventura Residences&#39; is also home to a limited collection of two bespoke, architecturally refined Beachside Villa Residences, with just two park-fronting villas remaining.&nbsp;

The private and exclusive house-sized, multi-storey villas enjoy all the amenities of apartment living.

Both villas benefit from an internal passenger elevator,&nbsp;a gourmet kitchen with upgraded Obsidian black glass wall-mounted Miele appliances,&nbsp;butler&rsquo;s pantry;,open-plan living, dining and entertainer&rsquo;s patio,&nbsp;oversized master bedroom suite with walk-in robes, abundant storage and a separate guest retreat.

[smartcode_project:default project_id=108737 project_image_fid=199489]

Villa One is an expansive two-storey, four-bedroom Villa with direct Mermaid Park pedestrian access through a private security gate and a double-car garage on the title with remote entry and direct access into the Villa.

Villa Two, set three-storeys, has three-bedrooms, each of them ensuited, and a private rooftop terrace with Southern Gold Coast and Ocean views; the Villas also features a large open study in addition to direct access to the level five&nbsp;amenities through a secure gate.

Ventura Residences will also home a suite of residential amenity,&nbsp;including the recreational terrace and lounge, suspended waterfall edge pool and sun deck, al fresco dining area, Zen garden and functional gymnasium&nbsp;located on level five.

With the project scheduled for completion in May next year, Niecon Developments is currently preparing to announce further projects across the city.

[smartcode_project:default project_id=108737 project_image_fid=199479]

The group has a suite of completed and upcoming projects to the tune of $2.08&nbsp;billion.

In addition to The Oracle, a development that led the renaissance of Broadbeach, the company is also behind the award-winning Aruba Beach Resort at Broadbeach, Aqua on Broadwater at Labrador, Reflection on the Sea at Coolangatta and Nirvana by the Sea at Kirra.

[smartcode_project_cta: project_id=108737]

The project's unique offering of a three-bedroom apartment is a rarity for Mermaid Beach, with each residence complete with two-bathrooms and one or two car spaces. 



Owner-occupiers snap up apartments in Niecon's Mermaid Beach apartment development, Ventura Residences

Queensland locals, Niecon Developments, who&rsquo;ve played a part in reshaping the Gold Coast skyline over the past four decades, is gearing up for a new era of growth with a pipeline of projects worth almost $300 million.

The company, founded by the Nikiforides family, is behind some of the Gold Coast&rsquo;s most prominent developments, including the $850 million The Oracle and Niecon Plaza at Broadbeach.

Now led by the third generation of the Nikiforides family - William, John and James &ndash; Niecon is preparing for what the brothers say is a golden age for Australia&rsquo;s lifestyle capital as the South-East Queensland region counts down to the 2032 Olympics.

[smartcode_project:default project_id=108737 project_image_fid=192202]

Niecon Managing Director, William Nikiforides, said the company&rsquo;s vision is aligned with the significant transformation for the Gold Coast the next decade will bring, led by the infrastructure boom planned for the Games.

&ldquo;The Gold Coast is a city that embraces change and that has been a constant for as long as we can remember,&rdquo; Nikiforides said.

&ldquo;But as we continue to grow, we need to ensure that the Gold Coast remains a strong and welcoming community and a place where people love to live.

&ldquo;The next decade is likely to be the most significant in the Gold Coast&rsquo;s history and one that will shape the city&rsquo;s future for decades to come.&rdquo;

Amid the current Gold Coast development boom, the group has taken a considered approach to new projects, that they believe will make a positive contribution to the city&rsquo;s urban and social fabric.

[smartcode_project:default project_id=108737 project_image_fid=192203]

The latest is Ventura Residences at Mermaid Beach, a boutique development of 47 premium residences, including two double-storey park-facing villas.

Owner-occupiers have been the most interest on the development so far. They&#39;ve been keen on the&nbsp;exclusive residential amenity, including the recreational terrace and lounge, suspended waterfall edge pool and sun deck, alfresco dining area, Zen garden and gym.

With the project scheduled for completion in May next year, Niecon is currently preparing to announce further projects across the city.

&ldquo;As a family company, we stand proud on our record of creating architectural gems that have become Gold Coast landmarks, and my brothers and I are looking forward to continuing the tradition that began with our grandfather and father,&rdquo; Nikiforides added.

&ldquo;Together we&rsquo;ve grown up in the industry and learned from some of the best, and it&rsquo;s our passion to build on their legacy.

[smartcode_project:default project_id=108737 project_image_fid=192210]

&ldquo;We have never been here for the one and done. We are here for the long term and, to truly be part of something bigger, we believe there is more to this industry than just delivering quality projects. Our mission is to create life spaces that bring a community together.&rdquo;

The Nikiforides Group was founded in Canberra in 1969 by Bill Nikiforides, before expanding to Sydney and later along Australia&rsquo;s eastern seaboard. The family-owned company moved to the Gold Coast in 1978 and quickly established a reputation for quality and innovation across its developments in Queensland&rsquo;s south-east.

The group&rsquo;s flagship property development company, Niecon Developments, which was founded by his son Con Nikiforides and jointly run by the father and son team, won numerous industry awards for construction, design and engineering excellence and continues to be at the forefront of developing the ultimate life spaces.

[smartcode_project:default project_id=108737 project_image_fid=192205]

In addition to The Oracle, a development that led the renaissance of Broadbeach, the company is also behind the award-winning Aruba Beach Resort at Broadbeach, Aqua on Broadwater at Labrador, Reflection on the Sea at Coolangatta and Nirvana by the Sea at Kirra.

The new generation of Nikiforides, who are born-and-bred Gold Coasters, bring an extensive range of skills to Niecon Developments as the company prepares to deliver an extensive profile of commercial and residential projects in coming years.

&ldquo;We&rsquo;re on the cusp of a new golden era for the Gold Coast that we believe needs to be managed thoughtfully,&rdquo; Nikiforides added.

&ldquo;At Niecon, this always starts with community, family and a deep level of consideration and connection to people and place. As a developer, we endeavour to go beyond architectural form and function and that&rsquo;s what will continue to drive us into the future.&rdquo;

[smartcode_project_cta: project_id=108737]

The company, founded by the Nikiforides family, is behind some of the Gold Coast’s most prominent developments, including the $850 million The Oracle and Niecon Plaza at Broadbeach.



Niecon Developments stack up $300 million Gold Coast apartment development pipeline

The Whitsunday Lakes Trust, $350 million Shute Harbour development has been inundated with enquires, amassing a whopping 520 expressions of interest in just four weeks following its national launch to market.

As the Whitsunday&rsquo;s first major resort development in over a decade, the stage one release has been met by a swarm of interested buyers, eager to put their name to one of the 58 land and berth packages in one of the most sought-after sailing locations across the world.

<a href="/developments/cannonvale-qld-4802"><img alt="" height="768" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/final_terrace_house_render_v3.jpg" width="1200" /></a> 
Render of the proposed Shute Harbour Marine precinct development in the Whitsundays Lakes Estate. Image supplied.

Rob Taylor of Taylors Property Group said the latest wave of interest has come off the back of the Sanctuary Cove Boat show which accounted for 10 per cent of the enquiries to date, with the vast majority coming from boating enthusiasts who recognised the value of large-scale berths in the Whitsundays region.

&ldquo;The immediate market response to the resort has been incredible. We knew we had something special on our hands here, but we have been simply inundated with genuine interest &ndash; it&rsquo;s been a whirlwind,&rdquo; said Taylor.

&ldquo;We&rsquo;re already in the process of converting many of these enquiries into contracts for our future Shute Harbour Marina Resort residents.

&ldquo;Many of these buyers have been long awaiting a marina project of this calibre to arrive in the area. Large scale berths are difficult to secure along the coast right now &ndash; all nearby marinas are close to capacity for the forthcoming season.&rdquo;

Once complete, the Shute Harbour Marina Resort will encompass a 395-berth marina with individual berths ranging from 10-metres to 30-metres on a 99-year lease, in addition to private berths ranging from 25-metres to 45-metres.

<a href="/developments/cannonvale-qld-4802"><img alt="" height="706" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/v1-4_0.jpg" width="1200" /></a> 
Render of the proposed Shute Harbour development in the Whitsundays Lakes Estate. Image supplied.

The project will also deliver a 100-plus room hotel resort, with function and meeting rooms, bars, restaurants, a swimming pool, and undercover parking, along with 58 freehold land allotments, and 100 managed apartments with resort club facilities.

The free-hold residential waterfront sites cover 440 sqm and are earmarked for two- and three-storey design concepts.

According to Taylor, the enquiries have come from a broad demographic of parties, including veteran boating enthusiast, first-time boat owners, and future retirees.

&ldquo;We&rsquo;re seeing the project timeline align with those buyers looking to lay the foundations for future plans two to three years down the line &ndash; whether that&rsquo;s retirement, or the eventual purchase of a larger boat,&rdquo; he said.

The land and berth packages have arrived to a market limited in supply for waterfront lots. With just 28 vacant residential waterfront lots currently available in the area, almost half of these are not located within or close to a marina development.

<a href="/developments/cannonvale-qld-4802"><img alt="" height="674" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/waterfront_homes_interior.jpg" width="1200" /></a> 
Render of a proposed waterfront home interior. Image supplied.&nbsp;

&ldquo;Although the property market in the Whitsundays has increased about 20 per cent over the past 12 months, units are still about 25 per cent below their 2007 peak and land is only just matching the levels of 15 years ago,&rdquo; added Taylor.

Development of the first stage of Shute Harbour Marina Resort, which will include the marina and the stage-one release of land and marina berths, is expected to take two years to complete with construction targeted to commence in 12 months.

Expressions of interest are also being taken on future stages which will include marina loft apartments and plaza terrace homes.

[smartcode_project_cta: project_id=28292]

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