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

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

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

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

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

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

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

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

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

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

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

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

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

Every First Home Owner Grant for new property by state

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

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

Staff Writer

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

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

alisonwarters@gmail.com

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

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

Ellen Walker

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

The latest Queens Wharf Tower is taking Queensland’s sales records to new heights, with over 90 per cent of the apartments already sold after launching just four weeks ago.

Since mid-2020, when Far East Consortium’s, Queen's Wharf Residences apartments flew off the shelves, prospective buyers in the $3.6 billion Queen's Wharf precinct on the Brisbane River have been awaiting another opportunity.

[smartcode_project:default project_id=13276 project_image_fid=80720]

The fifth and tallest tower in the Queens Wharf devel​opment has been as equally successful as its predecessor, securing in sales with 778 of the 819 apartments&nbsp;since launch.

Managing Director YPM Group, Bryce O’Connor recently noted the success as a sales outcome not reached previously by any building of this scale in Queensland with over 9000 enquires, 1100 appointments and more than $820 million in sales.

The 71-level tower, which will soar 250 metres in to the sky, making it the sixth highest tower in the Queensland capital, will home 819 one, two and three-bedroom apartments, as well as a handful of exclusive penthouses upon completion.

[smartcode_project:default project_id=13276 project_image_fid=80722]

The tower is in its final release stage, offering three-bedroom Diamond Residences, which were brought forward by the group due to the overwhelming demand.

Occupying levels 49 through to 70, the Diamond Residences are amongst the most exclusive residences within Queen’s Wharf, benefiting from bespoke finishes, luxury appliances, and unrivalled views.

Gaggenau appliances, natural stone benchtops and feature 2Pac joinery are all standard in the residences, complemented by versatile outdoor living spaces, featuring lift and tilt windows to extend the expansive alfresco areas.

[smartcode_project:default project_id=13276 project_image_fid=80732]

Sitting on the corner of Margaret and William Street, apartments in Queen's Wharf Tower are designed by&nbsp;<a href="/architects/cottee-parker-architects" target="_blank">Cottee Parker</a>, taking advantage of city, Botanic Gardens, or river views.

[smartcode_project_cta: project_id=13276]

The fifth and tallest tower in the Queens Wharf development has hit the ground running, surging in sales with 778 of the 819 apartments snapped up since launching.



Queens Wharf Tower achieves over $820 million in sales after just four weeks on the market

If your dream lifestyle includes living within walking distance from a golden sand beach in a brand new home with resort-style amenities, then you'll love Broadbeach's brand new development, Victoria &amp; Albert. You'll get to enjoy not one but two cinemas, with wellness and workout zones designed to capture the spectacular coastline views – and you can stroll down to Kurrawa Beach in less than 5 minutes.&nbsp;

Watch our recent display suite tour:

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="415" src="https://www.youtube.com/embed/fXPQWFQJGbQ" title="YouTube video player" width="660"></iframe>

<h2>VICTORIA &amp; ALBERT</h2>

Address:&nbsp;12-18 Albert Avenue, Broadbeach QLD 4218 
Developer:&nbsp;Iris Capital 
Architect:&nbsp;DBI Design

[smartcode_project_cta: project_id=107928]

Set to be the largest scale Broadbeach development in over a decade, the DBI Architects-designed development has been split into two stylish towers.&nbsp;

You can also choose from a fantastic selection of meticulously thought-out floorplans, including one-four bedroom apartments, skyhomes and a collection of penthouses.

[smartcode_project:default project_id=107928 project_image_fid=184933]

Located at 2-18 Albert Avenue in Broadbeach, you've also got Pratten Park, complete with sporting grounds, children's playgrounds and The Oasis Shopping Mall, all just across the road. You’re also spoilt for choice with popular cafes and restaurants nearby. Venture south along the coastline and find Mermaid Beach, while four minutes north, you'll reach the famous Surfers Paradise Beach. V&amp;A will also deliver a brand new vibrant retail and dining precinct, replacing the current Niecon Plaza centre.

Architecturally designed by DBI Design, each floorplan has been uniquely crafted to offer you the most liveable layout, ensuring there is plenty of natural light, with many apartments offering separate multipurpose rooms and bedrooms with ensuites and walk-in-wardrobes.

[smartcode_project:default project_id=107928 project_image_fid=184934]

At Victoria &amp; Albert, you will enjoy access to Podium Club facilities, featuring plenty of lush subtropical planting, multiple outdoor swimming pools, a zen garden, a yoga deck and dining facilities – you'll feel as though you live at your own private resort. Indoors you'll find a palatial resident's lounge with a wine cellar, a kid's club, and a spa and steam room. There is also a separate full suite of rooftop amenities, including a lounge and dining area with incredible views.

Atop each tower of the development is an exquisite Residents Skylounge, home to a dining room, cozy lounge, and wellness and work zones – boasting the most incredible ocean views.&nbsp;

[smartcode_project:default project_id=107928 project_image_fid=180734]

Now is the perfect time to secure your future at Victoria &amp; Albert, at one of Broadbeach's most sought-after new residential towers. Enquire today via Urban to learn more and download the Urban app to receive development updates.

urban.com.au

Display Tour Video: Victoria & Albert by Iris Capital at 12-18 Albert Avenue, Broadbeach, QLD

The ever-busy Broadbeach has seen another development application lodged for a residential tower, the third in a week following two by Morris Property Group.

Platinum Investments Pty Ltd, a Sydney-based developer, had Design Vibe draw up the plans for a 40-level tower&nbsp;2797 Gold Coast Highway, on the corner of First Avenue.

It sits on a 1,201 sqm block that was secured earlier this year for $4.3 million.

The tower will&nbsp;home 113 apartments, with a mix of two and three-bedroom apartments, in addition to one five-bedroom penthouse.&nbsp;

<a href="/new-apartments/2797-gold-coast-highway-broadbeach"><img alt="" data-entity-type="" data-entity-uuid="" height="908" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-06-10_at_9.36.29_am.png" width="1672" /></a>

A communal open space will be located within level four and the adjoining mezzanine, along with a small food and drink outlet situated on the ground floor.

The level four space is set to include a pool and pool deck, lounges, gym, yoga lawn, and dining facilities, all set amongst lush, green landscaping. The mezzanine level of level four will also be home to a sky lounge, with dining and transitional spaces.

Extensive open space areas are located to the south of the site, including Platell Park and the Cascade Gardens, offering a riverside park with picnic and play areas. Additionally, Broadbeach Park also known as Nikiforides Family Park, and the Broadbeach Bowls Club are to the south of the site, along with sitting&nbsp;within walking distance to the Florida Gardens light rail station.&nbsp;

Taking on a tall and slender form, the distinctive architectural character is embellished further through the landscape design, both at ground level and structured through the podium levels.&nbsp;

<a href="/new-apartments/2797-gold-coast-highway-broadbeach"><img alt="" data-entity-type="" data-entity-uuid="" height="870" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-06-10_at_9.36.17_am.png" width="1500" /></a>

Crowning the tower will be the five-bedroom penthouse, which is set to be laid out across three-levels. The ground floor of the space follows an open-plan layout, spanning half a floor. That will open to&nbsp;a&nbsp;balcony which will feature a plunge pool, gazebo, and dining facilities.

Also on this level is a guest bedroom with an ensuite, study, and media room, as well as the main living, kitchen and dining space.

<a href="/new-apartments/2797-gold-coast-highway-broadbeach"><img alt="" data-entity-type="" data-entity-uuid="" height="920" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-06-10_at_9.36.43_am.png" width="1600" /></a>

The third level of the penthouse is home to the master bedroom, which encompasses the entire level. A generous balcony wraps around the floor, accompanying a massive ensuite and walk-in-robe space.

Level two of the penthouse will consist of three-bedrooms, each with their own ensuite and walk-in-robe. An east-facing balcony is&nbsp;accessed from the rumpus space&nbsp;which separates the bedrooms.

[smartcode_project_cta: project_id=113098]

The tower will home 113 apartments, with a mix of two and three-bedroom apartments, in addition to one five-bedroom penthouse

First look: Broadbeach planning surge continues as 40-level apartment tower proposed

One of the biggest driving factors for&nbsp;beach fronting apartments are the views.

Prospective buyers tend to want to be facing the beach to have unobstructed&nbsp;sand and water views, while typically the stock at the rear of the building, despite often more affordable than its neighbour, is generally out of favour in comparison.

The ultra-wide frontage and clever design of the&nbsp;latest&nbsp;Kirra apartment development, Monterey, means every resident is afforded extensive ocean and beach views.

[smartcode_project:default project_id=112210 project_image_fid=198839]

It was the plan from the very beginning for prolific Gold Coast developer Marquee Development Partners, who painstakingly amalgamated the Musgrave Street block over several years. That gave them time to work with&nbsp;Ellivo Architects to create the luxury building which has already been a hit with buyers from the US, New Zealand, Sydney, Melbourne &amp; the Gold Coast.

Marquee were patient in their pursuit to acquire&nbsp;the whole site, knowing that when the amalgamation was complete, they could create a development which would&nbsp;offer some of the most impressive, and more importantly,&nbsp;unrepeatable views compared to&nbsp;any other development on the Gold Coast.

But what Marquee and&nbsp;Ellivo has managed to do is, with a clever design, create every apartment with almost the same picturesque view.

And that view is even more impressive than just simply being beachfront.&nbsp;

[smartcode_project:default project_id=112210 project_image_fid=198838]

While possessing the largest expanse of beach frontage on the southern Gold Coast, Monterey also&nbsp;sits on a rare north-facing pocket where iconic views are at a maximum, both along the coastline towards Surfers Paradise or over the Pacific Ocean to Snapper Rocks. Traditionally developments along the Gold Coast beachfront offer one or the other, nowhere else do you enjoy both the iconic skyline and Snapper views.

Monterey&rsquo;s massive 45 metre frontage which all three apartments per floor share &ndash;has allowed each apartment to be designed with an abundance of frontage.

Development sites along the beachfront are becoming smaller in size, forcing developers to adopt narrow apartment designs.

This allows residents&nbsp;to capture more view throughout multiple spaces in the apartment &ndash; whether they&#39;re in the kitchen, living area, or master bedroom.

[smartcode_project:default project_id=112210 project_image_fid=198837]

A great design feature of the wider apartment layouts is the master suite of each residence. Complete with a luxurious ensuite and generously sized walk-in wardrobe, all master suites are located along the frontage and wrapped in floor to ceiling glass to capture endless ocean views.

Development sites along the beachfront are become smaller in size, forcing developers to adopt narrow apartment designs.

Monterey&rsquo;s expansive residences range in size from 147&nbsp;sqm to over &nbsp;200 sqm. That&#39;s not including the half-floor sub-penthouses, which are between 263 sqm to 277sqm.

Sitting on level 14, the sprawling full floor penthouse has over 560 sqm of living space, comprising four&nbsp;bedrooms, three living spaces, three separate balconies, a dedicated home office, and a built-in bar and cellar &ndash; and is the widest penthouse on the Gold Coast.

[smartcode_project_cta: project_id=112210]

An ultra-wide frontage and a clever design of the latest Kirra apartment development, Monterey, means every resident is afforded extensive ocean and beach views

The best views in Queensland? How Monterey apartments in Kirra Beach offer unrepeatable views

Kirra Beach has firmly put itself among the likes of Noosa and Byron Bay as an iconic destination on Australia's east coast, with the trio celebrated for their rare north-facing beaches and clear turquoise waters.

Albeit adored by locals for a number of years before the recent wave of interest, Kirra has quickly become the most sought-after locale on the southern Gold Coast, with a vibrant village atmosphere, plethora of cafes, restaurants, and world-renowned surf breaks.&nbsp;

There's seldom an opportunity to capture the lifestyle on a permanent basis, though prominent Gold Coast developer, Marquee Development Partners, are offering the chance to buy on&nbsp;one of the last beachfront sites.

[smartcode_project:default project_id=112210 project_image_fid=198839]

The project, named Monterey, offers a collection of north-facing, ultra-wide three, four and five-bedroom residences and&nbsp;penthouses with panoramic views over the Pacific Ocean from Snapper Rocks to the Surfers Paradise skyline.&nbsp;&nbsp;

After several record sellouts along the coast, this will be Marquee Development Partners' 10th and most prestigious project to date.

Marquee Sales Manager Azura Griffen said that with an exceptional, ultra-wide, north-facing beachfront site within one of the Gold Coast's most coveted locations, they knew they had to partner with the right architect to deliver on our vision of true authentic coastal luxury.

"After an extensive review process, we partnered with the award-winning Ellivo – an innovative architecture firm renowned for their iconic designs,"&nbsp;Griffen said.

[smartcode_project:default project_id=112210 project_image_fid=198836]

Designed exclusively for owner occupiers, there will be just 35 residences across 14 levels of smooth, fluid design inspired by the stunning natural landscapes surrounding."

With only three residences per floor, all have been designed to overlook the beach &amp; provide stunning vantage points from multiple rooms.&nbsp; &nbsp;

Ellivo Architects Director Mason Cowle said they knew the project was a rare opportunity to create something truly iconic.

"With such an extensive north-facing beach frontage and&nbsp;panoramic views of the Pacific Ocean &amp; entire Gold Coast coastline - there is no comparison," Cowle said.

"The result is an incredible design without compromise."

On the Gold Coast beachfront, you either enjoy views out over the Pacific Ocean to Snapper Rocks or back along the coastline towards Surfers Paradise. Due to Monterey's unique positioning on a north-facing bend of the coastline, residents will be some of the rare few to enjoy both.

<img alt="" data-entity-type="" data-entity-uuid="" height="400" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/monterey_panning_gif_0.gif" width="600" />

"With the largest expanse of beach frontage on the southern Gold Coast, each residence benefits from a north-facing position &amp; has been designed to capture the breathtaking panoramas, whether you're in your kitchen, living space, or master bedroom,"&nbsp;Griffen added.

"To ensure we did this project justice, we've used premium finishes throughout, including Tongue N Groove flooring, premium Miele appliances, 50mm stone benchtops and&nbsp;so much more."

As with every Marquee community, residents will have exclusive access to&nbsp;a curated selection of resort-style amenity, with Monterey taking inspiration from Mykonos &amp; the Greek Islands - utilizing natural stone &amp; archways as a key highlight.

The ground floor of Monterey will feature a heated swimming pool oasis accompanied by poolside cabanas, an outdoor spa, and a European-style sauna. But, of course, they've also planned for the avid surfer and beach go-er, with an outdoor beach shower and surfboard wash station available.

On the second level, residents will enjoy a state-of-the-art gym overlooking the ocean, a yoga lawn, and a resident's bar with a billiards lounge.

Marquee has catered for the busy business owner or executive with a private full office suite – complete with the latest in AV technology, printing station, and more.&nbsp;

Monterey is Marquee's 10th development on the Gold Coast in the last four years and second in Kirra.&nbsp;

Their most recent sellout was around the corner at SOL Kirra Beach. That followed sellouts at Palm Beach Residences and Northshore, both at Palm Beach, and Cannes Waterfront, One Cannes, and Shoreline, all located between Broadbeach and Surfers Paradise.

[smartcode_project_cta: project_id=112210]

With spacious and ultra-wide residences set on one of the last remaining beachfront sites in the highly sought-after Kirra pocket on the southern Gold Coast, Monterey Kirra Beach offers a rare opportunity that may never be repeated.


Marquee launch Monterey, one of Kirra's last beachfront addresses

The longstanding development and construction company, Morris Property Group, continues to add to their development pipeline, lodging two applications for residential projects in the in demand Broadbeach.

Veteran developer Barry Morris says the Gold Coast has seen several DA’s lodged in the past six to 12&nbsp;months, especially in Broadbeach.

"Buyers love Broadbeach because it, offers beachside living with metropolitan amenities, which is what the market is after," Morris says.

One of the newly lodged projects, at 22 Chelsea Avenue, is just a few doors down from their newly complete and sold out Opus project.

That will target the owner-occupier, with just 18 three-bedroom apartments across the 20-level tower.

The second level will home the recreation and will feature a barbecue&nbsp;area with outdoor dining, gym and pool. The space will provide an outlook towards Broadbeach Park and maximise northern sunlight.

The Queensland-based architecture firm&nbsp;Burling Brown designed 22 Chelsea Avenue, noting in their design statement that the small tower footprint and orientation of the building&nbsp;will result in a slender tower profile as viewed from the north, where the building will be most visually prominent.

<img alt="" data-entity-type="" data-entity-uuid="" height="2160" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/mpg02_render_4_a.jpg" width="3840" />

"The design incorporates strong and distinct angular edges that articulate the form," the statement noted.&nbsp;

"The use of a light and dark colour scheme and the inclusion of vertical elements up the western elevation produce a high quality and contemporary design."

Burling Brown also designed the other tower at&nbsp;2739 Gold Coast Highway, cleverly designed to have all 48 apartments face north. There will just be two-bedroom apartments in the building, three per floor.

The design of the building illustrates a contemporary look utilising a natural material palette to help complement the area and Broadbeach streetscape.

MPG now have&nbsp;four Broadbeach projects in the pipeline and one in Burleigh Heads. They're also set to be&nbsp;launching Essentia in Surfers Paradise in the coming weeks, which offers one and two-bedroom stock.

"This will be a great opportunity for us to receive some market data and get ourselves back in the selling game, preparing us for the many upcoming project launches," Morris added.

MPG currently has two residential projects under construction Sandbar Burleigh Heads which has limited stock remaining, as well&nbsp;as a new commercial building Mermaid Plaza, in Mermaid Beach.

Veteran developer Barry Morris says the Gold Coast has seen several DA’s lodged in the past six to 12 months, especially in Broadbeach

First look: Morris Property Group file plans for two more Broadbeach towers

The busy Aniko Group has been given the green light to proceed with its fifth project at Hope Island.

They&#39;ve secured&nbsp;development approval for their $145 million waterfront development, Athena Quays at 10 Sickle Avenue.

Aniko, led by&nbsp;George Mastrocostas, has been the biggest developer on Hope Island in recent years, with their&nbsp;portfolio totalling more than $500 million&nbsp;including the sold out No.1 Grant Avenue and Athena Residences projects, along with No. 35 Grant Residence which are currently selling.

The latest approval&nbsp;will see the group deliver 177 apartments across two stages, adjacent to the company&rsquo;s currently under-construction, Athena Residences, with 90 apartments planned&nbsp;for the first release and 87 for the second.

Mastrocostas said they decided to fast-track Athena Quays off the back of the successful Athena Residences which achieved a sell out within three months.

<a href="/buildings/athena-quays-hope-island-10-sickle-avenue-hope-island-qld-4212"><img alt="" height="675" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/jpeg_waterfornt_promenade_10-12_sickle_avenue_hope_island_3d_render_volumevision.jpg" width="1200" /></a> 
Render of the Athena Quays waterfront promenade. Image supplied

&ldquo;A number of buyers who missed out on our earlier development Athena Residences have already indicated their interest in buying into Athena Quays,&rdquo; Mastracostas said.

&ldquo;The Hope Island market continues to be in high demand among buyers looking for luxurious waterfront residences without the huge premiums found in beachside locations.&rdquo;

Comprising two eight-level towers, Athena Quays will offer a mix of apartments with two-bedroom layouts and two-bedrooms-plus-study options, crowned by a collection of 24 three-bedroom skyhomes.

With a focus on lifestyle throughout the design process, Athena Quays will deliver open space and greenery across 60 per cent of the site, as well as a limited supply of private marina berths.

Residents will also benefit from a recreation club, featuring a resort-style swimming pool, yoga and pilates hall, sun lounges, barbecue facilities and a fully-equipped gym.

&ldquo;Athena Quays is designed to offer the best of Hope Island&rsquo;s relaxed waterfront lifestyle without the need to venture too far from home,&rdquo; Mastracostas added.

&ldquo;Building on the success of Athena Residences, we have incorporated many of the design elements in Athena Quays that have resonated with buyers to meet the continued demand for beautiful and spacious waterfront apartments in this popular residential precinct.&rdquo;

Hope Island remains a highly sought-after suburb for local downsizers and increasingly for interstate buyers making the move to the Gold Coast.

With development approval granted, Aniko is preparing for the official launch of Athena Quays in coming months when the company plans to reveal further details of the apartments and skyhome collection.

[smartcode_project_cta: project_id=109922]

Aniko Group secures approval for $145 million Athena Quays at Hope Island 

The Brisbane-based Cielo Group is continuing to pad out its Bilinga footprint on the southern end of the Gold Coast.

Cielo&nbsp;Group,&nbsp;led by Justin O'Donnell and Azemm Dannaoui, recently launched Bloom, a collection of nine whole floor apartments on Golden Four Drive.

Now they've lodged plans for a similarly boutique project at 90-92 Pacific Parade, just 400 metres up the road. This one however is on the prized beachside.&nbsp;

They've again had Z Architects, their go-to architecture firm in now both Brisbane and the Gold Coast, draw up the plans for the latest project, which will see 19 apartments created across a nine-level building.

There will be just three apartments per floor for for the first three levels, before the tower becomes two half-floor apartments, spanning between&nbsp;180 sqm internal to 248 sqm.

<img alt="" data-entity-type="" data-entity-uuid="" height="1008" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-06-07_at_12.12.11_pm.png" width="1828" />

The eighth level will home a full floor penthouse, with a huge 487 sqm of living space with three bedrooms, three living areas, and a multipurpose area.

The roof will be communal, and will feature a gym, dining room, pool, and pool terrace.

The town planning documents noted&nbsp;that the rooftop adopts a high-quality architectural style, with significant articulation, building recesses, modulation, as well as the use of variation of materials and finishes to present as development with high aesthetic value

"The area is characterised by a range of older buildings amongst new mid-rise developments with an emerging built form character of increased intensity within the streetscape," the report noted.

<img alt="" data-entity-type="" data-entity-uuid="" height="1042" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-06-07_at_12.12.22_pm.png" width="1856" />

"The area has established street trees and mature Norfolk Pine trees that define the distinct coastal character and assist to balance the built form, provide landscape buffers and pedestrian friendly streets."

Two original houses currently sit on the 1,012 sqm site. They will be demolished to make way for the project.

Just behind the site at 89-91 Golden Four Drive, Sydney-based developer Farshad Amirbeaggi is seeking to create the highest density project in the area. He recently submitted plans for a nine-level, 81-apartment building on 2,024 sqm.

There's 71 two-bed apartments proposed and 10 three-bedroom units, as well as 103 parking spaces and 46 bicycle spaces.

<a href="/news/qld/is-bilinga-the-next-gold-coast-apartment-hotspot">Read more:&nbsp;Is Bilinga the next Gold Coast apartment hotspot?</a>

There will be just three apartments per floor for for the first three levels, before the tower becomes two half-floor apartments, spanning between 180 sqm internal to 248 sqm

Cielo Group to produce more luxury at Bilinga

The luxury home builder and now residential apartment developer, Graya, has been given the green light to push on with its second high-end residential project in Brisbane&#39;s inner-ring.

They&#39;ll soon be launching Canvas, a collection of just 21 two, three and four-bedroom apartments in the sought-after riverfront suburb of Bulimba.

Speaking recently to Urban, Rob Gray, who with brother Andrew founded Graya in 2013, said they were attracted to the&nbsp;Love Street site given its proximity to the Oxford Street lifestyle precinct.

[smartcode_project:default project_id=112020 project_image_fid=198790]

Gray said the three-level zoning allowed them to create something&nbsp;more affordable than what they usually create in the trophy home space.

&quot;We saw value in being able to bring something to what is one of Brisbane&#39;s top suburbs without pricing out the majority of the market as we do in the single home space,&quot; Gray said.

&quot;Most GRAYA supporters now have a change to own one for themselves.&quot;

Canvas will home a rooftop amenity level with the standout feature the infinity pool and spa. The rooftop offers&nbsp;views back to the Brisbane CBD.

[smartcode_project:default project_id=112020 project_image_fid=198792]

Graya has a long-line of prestige home builds to their name, setting a number of street and suburb records in the last few years.

But the move to multi-res was on the cards from day one.

&quot;We always wanted to go into multi-res, it was just a case of timing,&quot; Gray said. The team have been building around 12 luxury houses a year in some of Brisbane&#39;s best suburbs.

Their first multi-res project, Maison in New Farm, was just five luxury full-floor apartments that all sold off th​e plan with an average price of $3.2 million, with sales ranging between $2.8 million and $4.3 million.

Gray says&nbsp;buyers at Canvas should have confidence in the resale value of the Graya product.&nbsp;A Maison apartment that sold off th​e plan for $2.9 million in 2020 resold earlier this year for $5 million.

[smartcode_project:default project_id=112020 project_image_fid=198793]

Gray&nbsp;adds that, in the current uncertain times regarding&nbsp;the problematic construction industry, those developers who also build their project, are ultimately going to deliver.

&quot;There will be a real shortage of supply in the coming years, with developers who also build not facing the same types of challenges of those having to hire an external company to construct the project,&quot; Gray suggested.

&quot;There&#39;s also the fact that as a developer and builder, it&#39;s our job to think about every facet of the development. Sometimes when the developer isn&#39;t the builder, details can be missed.&quot;

They had bureau^proberts design&nbsp;Canvas, with the&nbsp;brief to create Graya homes in the sky and&nbsp;create the best unit block in the suburb..

&quot;Bureau^proberts stood out for us having nailed the luxury owner-occupier stock,&quot; Gray said, adding that their last 10 designs, which included Glasshouse, Thornton Residences, Cala Dei and Natura, have been very successful.

[smartcode_project:default project_id=112020 project_image_fid=198804]

Graya&#39;s longstanding reputation has seen them field a number of enquiries from either past clients, or friends of past clients, who know the Graya brand and have seen first hand what they&#39;ve produced over the years.

The name Canvas derives from the art world.

&quot;We try to make every project like a work of art,&quot; Gray said, adding that the facade of Canvas was so unique, and some of the intricate details they have brought into the rest of the building, that the&nbsp;word Canvas was an apt name for the project.

Motiv&#39;s Carly Cottam will be handling the sales of Canvas, with launch expected in late June.

[smartcode_project_cta: project_id=112020]

Speaking recently to Urban, Rob Gray, who with brother Andrew founded Graya in 2013, said they were attracted to the Love Street site given its proximity to the Oxford Street lifestyle precinct

Exclusive: GRAYA get green light for Canvas, luxury Bulimba apartments

The Brisbane-based property developer, Habitat Development Group, are continuing to bulk up their pipeline in Maroochydore, the central hub of the Sunshine Coast.

Fresh off the launch of their latest project, The Corso, Habitat has filed a development application for the 201-apartment The Millwell, in the heart of Maroochydore next to the Sunshine Plaza Shopping Centre.

There will be two, three and four-bedroom apartments across two eight-level towers, each with ground floor retail or commercial spaces.

Habitat Development Group Managing Director Cleighton Clark said the proposed $161m development would include significant resident amenity such as a resort pool and resident&rsquo;s terrace including BBQ areas, lush landscaping and resident&rsquo;s dining rooms.

<a href="/new-apartments/the-millwell-2-millwell-road-east-maroochydore"><img alt="" height="1192" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-06-06_at_4.17.54_pm.png" width="2150" /></a>

&ldquo;Following on from the sell-out success of our Market Lane Residences&nbsp;development and the recent launch of The Corso Collection in the Maroochydore CBD, we are excited to have the opportunity to be adding another iconic project to the Maroochydore skyline,&quot; Clark said.

&ldquo;We think it&rsquo;s a terrific location. It&rsquo;s nestled directly adjacent to the Sunshine Plaza, with 200m frontage to Cornmeal Creek and walking distance to the rapidly expanding Maroochydore CBD.&nbsp;

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Habitat have had their go-to architecture firm, K Architecture, draw up the plans.

Clark said both sides of the building will have great aspects north and south.

&ldquo;We&rsquo;ve been building on the Sunshine Coast for the past 17 years and have witnessed property in the region go from strength to strength, particularly the last two years,&quot; Clark added.

&quot;Rental vacancy rates are at a historical low and consistently below those of other regional and metropolitan areas in South East Queensland. Our sales rates continue to be very healthy and The Millwell provides us another opportunity to meet the demands of the growing region.&nbsp;&nbsp;&nbsp;

<a href="/new-apartments/the-millwell-2-millwell-road-east-maroochydore"><img alt="" height="1210" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-06-06_at_4.17.30_pm.png" width="1844" /></a>

&ldquo;We currently have a number of projects finishing construction in the Maroochydore CBD and in Sippy Downs, with more commencing later this year. These projects have all proven to be hugely appealing to both owner occupiers and investors alike and we are expecting the current high levels of market interest to follow through to The Millwell.&rdquo;.

Clark said he looked forward to being able to continue supporting local industry.

&ldquo;With so many unfortunate headlines in the media lately, we look forward to being able to support in excess of 400 workers on site during the construction phase. We enjoy long standing relationships with many local trades and&nbsp;suppliers and we look forward to continuing these relationships as well as creating new employment opportunities with this project.&quot;

Habitat is also waiting for approval on its St Claire, a 200-apartment project&nbsp;in Birtinya.

The Millwell Project Overview

<ul>
	<li>Location:
	<ul>
		<li>2 Millwell Road East, Maroochydore</li>
	</ul>
	</li>
	<li>Height
	<ul>
		<li>8 stories</li>
	</ul>
	</li>
	<li>Value of Project
	<ul style="list-style-type:circle;">
		<li>$161m&nbsp;</li>
	</ul>
	</li>
</ul>

<ul>
	<li>201 units across two towers, comprising:
	<ul>
		<li>125 x 2 bed units</li>
		<li>40 x 3 bed units</li>
		<li>37 x 4 bed units</li>
	</ul>
	</li>
	<li>Project Amenities
	<ul>
		<li>Onsite manager&rsquo;s office</li>
		<li>Resort pool &amp; lounging areas</li>
		<li>Podium level terrace including BBQ &amp; recreation areas</li>
		<li>Resident&rsquo;s private dining room</li>
		<li>361 sqm of ground floor commercial/retail space</li>
	</ul>
	</li>
	<li>View Corridors
	<ul>
		<li>360 degree views taking in the Maroochy River and Mount Coolum to the North, the beautiful Sunshine Coast Hinterland to the West, Mount Buderim and Point Cartwright to the South as well as Maroochydore Beach and Cotton Trees to the East. Many South facing units will also have aspects over Cornmeal Creek.&nbsp;</li>
	</ul>
	</li>
</ul>

There will be two, three and four-bedroom apartments across two eight-level towers, each with ground floor retail or commercial spaces

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