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.

Joel Robinson

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

Melbourne developer Lowe Living is seeking to add to its growing bayside apartment pipeline, filing plans for a boutique eight-residence development in tightly held Middle Park.

Lowe Living, which has built much of its development portfolio across Melbourne's affluent bayside and south-east suburbs, is behind the plans for the 730 sqm site at <a href="https://www.apartments.com.au/new-apartments/123-125-erskine-street-middle-park-vic-3206">123-125 Erskine Street</a>, just off Armstrong Street and within the Armstrong Street Neighbourhood Activity Centre.

The developer is seeking approval for a five-storey residential building above two basement levels, with just eight large-format apartments and 18 car spaces.

“This is a deliberately very different proposition for us,"&nbsp;Tim Lowe, Co-Founder of Lowe Living, said.

"Eight residences is exceptionally boutique, but that's precisely what this site calls for.

“There is a strong community in Middle Park and the surrounding suburbs who have spent decades building a life here. They no longer want the maintenance of a large period home, but they aren't prepared to compromise on space, quality or location. We think there is a real opportunity to capture that hyper local market. A site like this rarely comes to market.”

<img alt="Lowe " data-entity-type="file" data-entity-uuid="875fe572-0f14-4d90-9e11-55b28dd07731" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-21%20at%208.42.49%E2%80%AFAM.png?VersionId=GDNQRv9BfpR9r1zkZ5UDyUM4ZvpIksut" />

The low-density proposal has been designed by Cera Stribley and is being progressed through the Victorian Government's Great Design Fast Track pathway, having already secured eligibility from the Minister for Planning.

The Office of the Victorian Government Architect supported its eligibility after finding the proposal demonstrated consistency with the program's seven design principles, while the project's financial feasibility has also been independently confirmed by Invest Victoria.

The project is targeting the downsizer market, with the planning documents describing the homes as larger-format residences and noting the two penthouses could otherwise have been configured as four separate apartments.

<img alt="Lowe 2" data-entity-type="file" data-entity-uuid="60ab0987-2da6-4175-adac-315dcf6053c6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-21%20at%208.43.15%E2%80%AFAM.png?VersionId=bOCPH0B2MFwlmaRW.TTCF9TzyifgVoQI" />

The site has dual frontage to Erskine Street and Canterbury Place and currently comprises a collection of commercial buildings used as offices, including a former heritage bakehouse, a former stable, a later gabled addition and a central courtyard.

It sits within the Commercial 1 Zone and the Armstrong Street Commercial Precinct heritage overlay, with the existing property classified as a contributory heritage place.

Heritage has subsequently played a significant role in Cera Stribley's design.

The front section of the former bakehouse facing Erskine Street will be retained, including its return walls, street-facing hipped roof and chimneys, while the Erskine Street façade and part of the western return wall of the former stable will also be incorporated into the new development.

Levels four and five will be set back five metres from the retained stable façade, while bricks removed through demolition are proposed to be salvaged and reused within the new building where possible.

<img alt="Lowe 3" data-entity-type="file" data-entity-uuid="e97927a9-a2de-4a0f-83b6-65451238abfa" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-21%20at%208.43.06%E2%80%AFAM.png?VersionId=VR44AChLrX9q1XPB9GvVQV.ALXXbe4gC" />

Rather than presenting as a single five-storey building to Erskine Street, Cera Stribley has broken the development into a series of distinct forms.

A three-storey infill element will sit between the retained bakehouse and stable façades, with the upper levels recessed behind the heritage fabric. Canterbury Place will similarly feature two three-storey podium forms, separated by a central pedestrian accessway, before the upper two levels step back from the street.

A pedestrian through-link will run through the centre of the project between Erskine Street and Canterbury Place, creating entrances from both sides of the site and introducing landscaping and communal areas through the ground plane.

Landscape architect Acre has designed planting across the ground level, private terraces and upper levels, including a feature canopy tree at level three and integrated planting and arbours across the level four terraces. Five existing Erskine Street trees are proposed to be retained.

Sustainability is also a significant component of the Great Design Fast Track application. The apartments are targeting an average eight-star NatHERS rating, with no residence below 6.5 stars, while the project has achieved a 75 per cent BESS score. Seven of the eight apartments are designed for cross-ventilation, with the remaining residence using mechanically assisted natural ventilation.

The plans also incorporate an 8kWp rooftop solar system, a 5,000-litre rainwater tank and infrastructure allowing future electric vehicle charging for every residence.

Lowe has a strong portfolio across Melbourne's blue-chip suburbs. They recently launched <a href="https://www.apartments.com.au/new-apartments/jardin-house-by-lowe-living-camberwell-335-camberwell-road-camberwell-vic-3124">Jardin House by Lowe Living</a> in Camberwell, their first development in the Stonnington LGA.

Lowe Living unveils Middle Park apartment development

Article summary

<ul data-end="888" data-start="289">
	<li data-end="442" data-section-id="8tsh6o" data-start="289">DVB Projects is preparing to launch its second Gold Coast apartment development, with demolition now underway at 137 Old Burleigh Road, Broadbeach.</li>
	<li data-end="573" data-section-id="1nyxl3e" data-start="443">The 34-level tower will comprise just 49 ultra-luxury residences, including half-floor, full-floor and penthouse apartments.</li>
	<li data-end="717" data-section-id="oiyimj" data-start="574">The launch follows strong demand at DVB's nearby Sea Glass project, which is more than 50 per cent sold and currently under construction.</li>
	<li data-end="888" data-section-id="epk9o9" data-start="718">The development adds to the transformation of Old Burleigh Road, with premium beachfront apartment projects continuing to reshape the tightly held Broadbeach strip.</li>
</ul>

<a href="https://www.apartments.com.au/developers/dvb-projects">DVB Projects</a> is preparing to launch its second Gold Coast apartment development, with demolition now underway on the Broadbeach site as the Sydney developer moves closer to bringing the ultra-luxury project to market.

The 34-level tower at <a href="https://www.apartments.com.au/new-apartments/137-old-burleigh-road-broadbeach-qld-4218">137 Old Burleigh Road</a> will comprise just 49 residences, ranging from half-floor apartments through to full-floor homes and a penthouse. The launch follows the strong sales performance of DVB's nearby Sea Glass development. More than half of the apartments at Sea Glass, on the other side of Broadbeach, have been snapped up, well ahead of its late 2027 completion

<img alt="DVB Projects to commence demolition on $320m Broadbeach luxury tower" data-entity-type="file" data-entity-uuid="2944b4be-c84e-4b54-8dc1-c712e76704c0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/E02_Exterior_Street%20Level%20Entrance.jpg?VersionId=YoNig7pRdrE3HCue7sUj78LzJteeQf3H" />

The start of demolition at 137 Old Burleigh Road signals DVB Projects’ underlying confidence in the Gold Coast’s luxury beachside apartment sector.

“We see the Gold Coast as one of the most compelling lifestyle markets in Australia, particularly at the premium end where demand continues to deepen,” said Dean Brown, Managing Director of DVB.&nbsp;

“This project has been carefully designed to respond to that demand - delivering large-format residences with a level of quality, privacy and amenity that is still relatively rare in the apartment market on the beachside."

Brown says the site itself is "exceptional."

"Old Burleigh Road is one of the most tightly held beachfront strips, and opportunities to deliver a project of this scale and calibre in this location are extremely limited.”

<img alt="DVB Projects to commence demolition on $320m Broadbeach luxury tower" data-entity-type="file" data-entity-uuid="398f377a-c037-455e-9250-0c5e0d84c35b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/I12_FF%20Balcony.jpg?VersionId=NwOiRWGMubR1c8wthuEfggklcja7al9." />

The project will comprise 40 half-floor residences of approximately 260 sqm, alongside eight full-floor residences spanning around 524 sqm.

A single penthouse will crown the building, featuring a private pool, barbecue area, indoor gym and dedicated entertaining spaces.

Residents will have access to a resort-style suite of amenities, including a 20-metre pool with daybeds, a gymnasium, hot and cold plunge pools, a sauna, and private residents’ lounge and dining facilities.

<img alt="DVB Projects to commence demolition on $320m Broadbeach luxury tower" data-entity-type="file" data-entity-uuid="d1642bb0-9a66-4427-a022-dfc0988c6287" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/A02_Pool%20to%20View.jpg?VersionId=c0IXPyn_Gp_Kn3XCwzMrqIVkAdCEwVXP" />

Sales agent Todd Matheson, of <a href="https://www.apartments.com.au/project-marketer/pezet-matheson">Pezet Matheson</a>, which is marketing both 137 Old Burleigh Road and Sea Glass, said 137 Old Burleigh Road would address a clear gap in the market for genuine luxury products.

“There are very few opportunities on the Gold Coast where buyers can secure a residence of this size and quality in a new building,” Matheson said.

“What we’re seeing is a growing cohort of downsizers and interstate buyers who still want space - they’re not willing to compromise on living area, entertaining or finishes.

“This project has been designed with that buyer in mind. It offers the scale of a home, combined with the convenience and security of apartment living, in one of the coast’s most desirable positions.”

<img alt="DVB Projects to commence demolition on $320m Broadbeach luxury tower" data-entity-type="file" data-entity-uuid="59aae0ca-5639-4320-8aca-d0bf60f48e43" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/E01_Exterior%20Hero.jpg?VersionId=DS8Zfy2WtgUEtdfe0TEUuf1W1GfcZq8S" />

Located on a 1,156 sqm site one block from the beachfront, the development will replace an ageing walk-up building and is expected to contribute to the ongoing transformation of the Old Burleigh Road strip into one of the Gold Coast’s most prestigious residential corridors.

With the development moving into the delivery phase, 137 Old Burleigh Road is slated to hit the market later this year.

[smartcode_project_cta:default project_id=145141]

DVB Projects to launch second Broadbeach apartment tower as demolition commences

<a data-end="327" data-is-only-node="" data-start="250" href="https://www.apartments.com.au/developers/norus-projects" rel="noopener" target="_new">Norus Developments</a> has lodged plans for a new apartment development in Clayton that would add further momentum to the suburb's emerging Green Street corridor.

Plans have been lodged for the consolidated site at <a href="https://www.apartments.com.au/new-apartments/1359-1365-centre-road-clayton-vic-3168">1359-1365 Centre Road</a>, where Norus is seeking approval for 218 apartments across a 12-storey apartment building designed by <a href="https://www.apartments.com.au/architects/life-architecture-and-urban-design">Life Architecture</a>.

The proposal sits within the Clayton Major Activity Centre at the threshold of the planned Green Street corridor, a landscaped pedestrian connection intended to improve links through the precinct towards Clayton Railway Station.

The development would replace the site's existing collection of low-scale residential and commercial buildings with a single consolidated building, introducing significantly greater housing density to this part of Centre Road.

A retail tenancy is proposed at ground level to activate the Centre Road frontage, accompanied by transparent street interfaces and landscaping intended to create a more pedestrian-focused edge to the development.

<img alt="First look: Norus Developments plans landscape-led apartment project for Clayton’s emerging Green Street" data-entity-type="file" data-entity-uuid="0a5a763a-d9e9-4253-af2f-88008de27ebf" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Clayton%20a.png?VersionId=S2WJJbat1XVkZwB9SnYtygirXgWHiklX" />

The building has been designed with stepped massing and upper-level setbacks to manage its transition towards surrounding residential properties. The planning report describes the approach as one that integrates the building into the landscape rather than treating landscaping as a secondary element.

"A strong landscape and public realm strategy underpins the proposal," Urbis states in the planning report.

"Public benefits include an affordable housing contribution, a new pocket park, generous landscaped setbacks, deep soil planting and integrated Water Sensitive Urban Design."

The report adds that these elements are intended to create "a permeable, pedestrian-focused ground plane that enhances walkability, supports urban cooling and reinforces the emerging Green Street character."

Biophilic and passive design principles extend through the residential levels, with planting, daylight, natural ventilation and views towards landscaped areas forming part of the amenity strategy.

Parking would be concentrated away from the public realm, with 145 car spaces proposed from the rear laneway rather than dominating the Centre Road frontage.

The proposal follows an extensive pre-application process with the City of Monash. Three formal meetings were held between the project team and Council from December 2025 to March 2026, with the scheme evolving through several concept iterations before the current design was lodged.

The project arrives as Clayton prepares for substantial change around its established activity centre and the wider Suburban Rail Loop precinct. Its position on Centre Road places the development within an existing concentration of shops, services and public transport, while the Green Street connection is intended to strengthen pedestrian access towards Clayton Railway Station.

First look: Norus plans landscape-led apartment project for Clayton’s emerging Green Street

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.

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The proximity allows residents to enjoy the convenience of having essential amenities and services within walking distance. Whether it's grabbing a cup of coffee, going grocery shopping, or accessing healthcare services, everything is conveniently located, saving residents time and effort.

<h3>Vibrant lifestyle and community</h3>

One of the major advantages of mixed-use developments is the vibrant lifestyle they offer. With a diverse range of amenities and communal spaces, residents have ample opportunities to interact, socialise, and build a sense of community.

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The presence of parks, community centres, and shared spaces fosters a lively atmosphere, encouraging residents to engage in various activities and events. The vibrant lifestyle within these developments creates a unique sense of belonging and camaraderie among the residents.

<h3>Potential for higher rental yields and property value appreciation</h3>

Mixed-use developments tend to attract a broad range of tenants and buyers due to their versatile nature. This high demand can result in higher rental yields for investors and potentially lead to property value appreciation over time.

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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.

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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.

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<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 Melbourne-based property developer, Little Projects, has topped out its Signature Broadbeach project,&nbsp;the biggest residential development to hit Broadbeach in over a decade.

Signature Broadbeach, which commenced construction in late 2019, has successfully completed the concrete structure of the development by pouring the final roof slab in the&nbsp;245 apartment high rise.

Signature Broadbeach is the first Gold Coast development for the Melbourne-based Little Projects, fronted by high-profile Melbourne businessman Paul Little who boasts a successful development record across multiple market sectors. Signature is a joint venture with KM Develop.

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Leighton Pyke of Little Projects says he is delighted to see Signature Broadbeach taking shape and is looking forward to welcoming residents in the coming months.

&ldquo;It is incredibly exciting to celebrate the extraordinary progress of the building,&rdquo; Pyke said.

&ldquo;We are very proud to be topping out the Signature development, as we get closer to welcoming our residents to their brand-new apartment and vibrant beachfront lifestyle here in the Broadbeach precinct, where demand remains strong.

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&ldquo;For buyers, completing the roof slab and &lsquo;topping out&rsquo; means we are now one step closer to completion and we can&rsquo;t wait for those who purchased to be able to call Signature Broadbeach their home.

&ldquo;Once complete, owners of a Signature apartment can look forward to indulging in refined beachside living, rich in understated elegance and with 5-star resort style amenity.&rdquo;

&ldquo;With the building structure finished, we continue to focus on the close out of the fa&ccedil;ade and completion of the internal apartment fit out&rdquo;.

On completion, Signature is set to be one of the largest residential developments to ever grace Broadbeach, comprising of 245 luxury apartments with a combination of one, two and three-bedroom apartments.

Earmarked as one of the Gold Coast&rsquo;s most luxury projects, Signature Broadbeach will home a host of premium inclusions for residents, including The Deck which will comprise an entire level of exclusive amenities, including lush, landscaped lawn areas, barbecue and teppanyaki facilities, a private lounge and dining room, sauna, steam room and spa, gym, cinema, and the Gold Coasts first 50-metre infinity edge lap pool.

[smartcode_project:default project_id=6993 project_image_fid=34075]

Signature benefits from its quiet location at 12-18 Philip Avenue in Broadbeach, which is within walking distance of Pacific Fair, Star Casino, the Gold Coast Convention and Exhibition Centre and the caf&eacute; and dining heart of Broadbeach.

&ldquo;Signature&rsquo;s location in the heart of Broadbeach provides residents with access to unsurpassed amenities in an unrivalled location,&rdquo; Pyke added.

&ldquo;Broadbeach has the best of it all, with just a short walk to the famous beaches and a bustling entertainment precinct with world-class shopping and the best dining on the Coast.&rdquo;

The sell-out of the Signature project came 12 months ahead of its completion and the success signalled to Little Projects that it had found its niche in the Gold Coast market.

The international award-winning property developers, who established themselves in 2006, have delivered and sold more than $2.5 billion of property since their inception, with the group already planning another Broadbeach development in Aperture Broadbeach

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Proposed as a striking new addition to the Broadbeach strip, Little Projects in a joint venture with KM Develop staged the ‘topping out’ ceremony to mark reaching the highest point of the build.

Sold out Signature, Broadbeach apartment development, tops out

The Brisbane-based property developer, HamBros, led by local developer Justin Ham, has lodged plans for a 27-level mixed-use development in the heart of Wynnum.

Ora, which will spread across a 7,278 sqm site&nbsp;at 74 Charlotte Street and 89 Bay Terrace,&nbsp;will be built behind the existing Wynnum Shopping Centre.

Ora, meaning &lsquo;edge&rsquo; in Latin, has been designed by Ivory Collective and will&nbsp;comprise 275 apartments, with the amalgamation also planned to be home to retail space, as well as two-levels of commercial space.

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&ldquo;Ora is a development that intertwines the beautiful bayside environment of Wynnum with the ease and luxury of unit living,&rdquo; architecture firm Ivory Collective noted in their&nbsp;design&nbsp;statement in the development application.

There will be 275 apartments in the development, made up of&nbsp;54 one-bedroom, 148 two-bedroom and 67 three-bedroom apartments, along with six three-bed plus multi-purpose-room penthouses. &nbsp;

Ora&rsquo;s floor plate is designed to orientate and capture as much of the East as possible, allowing for maximum exposure to the easterly breezes and bay views.

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A full recreation level is planned for level five, with a 528 sqm restaurant and bar, set around an expansive pool terrace as well as a wet deck, space, sauna and steam rooms, private cabanas, a cinema, barbecues, meeting rooms, wine rooms and function spaces.

&ldquo;The recreational level on Level 5 creates a space for both the public and residents alike to enjoy the beautiful bay views and surroundings,&quot; the statement added.

Drawing inspiration from the Wynnum foreshore in both its material and palette and building form, Ora is made up of clean off-white concrete and bronzed feature cladding and batten, reflecting the warmth and clarity of the Wynnum/Manly beach front,&nbsp;Ivory Collective noted.

Ora, which will spread across a 7,278 sqm site at 74 Charlotte Street and 89 Bay Terrace, will be built behind the existing Wynnum Shopping Centre

$130 million Wynnum CBD apartment development proposed

The local Gold Coast developer QNY Group, in a joint venture with the Melbourne-based Glenvill, has submitted plans for a residential development in the heart of Broadbeach.

QNY Group, led by Anthony Quinn, has teamed up with Glenvill, who are behind the development, design and build of the newly created Melbourne suburb, Yarrabend - set to be the world’s most liveable suburb by 2025.

They'll be creating a luxury owner-occupier tower, in line with Quinn's other joint venture Gold Coast project, La Mer at Main Beach.

He and Glenvill have had Contreras Earl Architects draw up plans for a 24-level tower with just 21 apartments, 19 whole floors and two two-level penthouses.

Quinn secured the 511 sqm site at 21 Broadbeach Boulevard, on the corner of Armrick Avenue, for $10.1 million late last year.

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Quinn says the boutique development will be an architectural statement.

“This site is like no other on the Gold Coast and we wanted the design to reflect its uniqueness,” Quinn said.

“We’ve worked closely with the architects, along with Form Landscape Architects, to come up with a design that will coexist with the natural environment while delivering an iconic landmark that enhances the aesthetic of this leafy Broadbeach Boulevard corner.

“I have partnered with Glenvill Developments because they are residential specialists that bring a truly 360 degree understanding of the development and property industry.”

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Glenvill Developments, spearheaded by CEO Len Warson, has spent the last five decades on the forefront of Australian residential design delivering high end luxury residences across the country.

Warson says he was familiar with the site before Mr Quinn presented the opportunity.

“After holidaying on the Gold Coast recently, I told my wife if I was developing in Broadbeach, I would develop this site. It’s the best site in Broadbeach. And here we are – it’s synchronicity,” Warson said.

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“It’s a corner beachfront site within the leafy Broadbeach Park quarter, situated at the end of a no-through road, where Armick Avenue joins the beachside Boulevard.

The site is effectively blocked off, providing a quiet green nook within walking distance to the centre of Broadbeach without the congestion, with direct access to the beach.”

In their design statement submitted to the Gold Coast City Council, Contreras Earl Architecture said the building was inspired by the surrounding vegetation and parks.

“The location presented an opportunity to create a residential landmark that coexists with the natural environment, nestled within the leafy Broadbeach Park quarter and drawing from the unique context, a quiet green nook in the heart of bustling Broadbeach.

“The tower uses its vertical structure to articulate the elegant design which emulates a tree trunk that is seamlessly connected to each floor slab which at the same time expresses an elegant organic petal shape in plan, inspired by the undulating detailed profile of Norfolk pine branches from the adjacent Broadbeach Park.

Residential amenity will exist on both the ground floor and rooftop space, with health and wellbeing at the forefront of the building’s design.

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The ground floor wellness area will include features such as a sauna and gym, while the rooftop space will home a glass-edge pool, a dining and events room, along with a number of terraced seating areas set amongst landscaped gardens.

“This lavish amenity will bring a special character to the unique landmark building,” Contreras Earl added.

The expansive one-per floor apartments provide an appealing alternative to single-dwelling homes, where residents will be able to experience the abundance of natural sunlight and views of East Broadbeach and the Pacific Ocean.

“The iconic building will create a sense of arrival to the prospering suburb of Broadbeach on approach from Armrick Avenue from the north as well as a beautiful visual addition to the leafy Broadbeach Boulevard corner.”

“This new landmark will be an attractive architectural asset for the urban fabric of the coastal city.”

“An important concept of the building is to create a lifestyle experience for residents and to create a personal and intimate experience.”

[smartcode_project_cta: project_id=111843]

They'll be creating a luxury owner-occupier tower, in line with Quinn's other joint venture Gold Coast project, La Mer at Main Beach.



Exclusive: QNY Group and Glenvill team up for Broadbeach apartment tower

After initially focussing on Sydney&rsquo;s fast growing south west corridor, Iris Capital, founded and led by entrepreneur Sam Arnaout, has now extended its reach over the past decade to become a developer of&nbsp;integrated residential and mixed-use developments in a number of booming suburbs across the country.

The company now holds a $5 billion enterprise value, having significantly expanded its footprint over the past year through a number of land and hotel acquisitions.

We recently caught up with Iris Capital CEO, Sam Arnaout to discuss why the group chose Broadbeach as their first Gold Coast project.

[smartcode_project:default project_id=107928 project_image_fid=184933]

&ldquo;It was the first and only location that I would consider undertaking such a spectacular residential/resort with coastal luxury as its core design focus,&rdquo; Arnaout said.

&ldquo;Only Broadbeach and this current Neicon Plaza redevelopment site offered us the opportunity where everything is at our buyers fingertips.&nbsp;This has allowed&nbsp;Iris&nbsp;to design this mixed use coastal luxury development in a landmark location, where our two premium towers will preside over a world class recreational podium and premium ground floor retail and dining.&rdquo;

&ldquo;Choosing Broadbeach as the address for our V&amp;A project in the lively heart of its dining and retail precinct has allowed us to put our brand on our first luxury foray into Queensland.&quot;

Colliers&rsquo; Director Residential, David Higgins, who is handling the market of V&amp;A, says Broadbeach is comparable to Sydney&#39;s Double Bay.

&ldquo;Being from Sydney, I often think that Broadbeach is our Double Bay with the dining, high end retail, laneway cafes, beautiful Kurrawa parkland, the beach, and the amenity that is uniquely Broadbeach all within a five-minutes walk,&rdquo; he said.&nbsp;

[smartcode_project:default project_id=107928 project_image_fid=180734]

Recognised as the heart of the Gold Coast, Broadbeach offers a host of nearby amenity, further adding to the likability of the sought-after suburb.

&ldquo;The walkability of the location to over 30 restaurants, GC Convention Centre, Pacific Fair, The Star Casino, the Beach and Kurrawa SLSC makes it the most lifestyle rich village locations to undertake a premium development,&rdquo;&nbsp; Higgins said.

Main Beach, Surfers Paradise and Broadbeach are distinctly different real estate suburbs and attract very different buyer demographics says Higgins.

&ldquo;Main Beach has a small, limited choice of dining and caf&eacute; options, where the lifestyle is focused around the renowned Tedder Avenue, which attracts an older buyer type to the very quiet village location.&rdquo;

&ldquo;Surfers Paradise features a more prominent nightclub and late-night venue scene, with destinations attracting singles, tourists groups and the young-at-heart.&rdquo;

[smartcode_project:default project_id=107928 project_image_fid=178909]

&ldquo;Broadbeach has a much wider appeal both domestically and internationally, where you are spoilt with the supreme choice of dining, entertainment, bars, shopping all at the residents fingertips.&rdquo;

Revered as &ldquo;the most desired location&rdquo; for developers looking to hit the family owner-occupier market, Higgins says Broadbeach marks itself as the place that can do it all.

&ldquo;This area attracts a more mature, family-buyer market, sometimes even multi-generational buyers, who want the village location, where they can park there car below their apartments and walk to everything when either residing or choosing to live in Broadbeach.&rdquo;

Taking its name from Broadbeach streets, Victoria and Albert, the project will comprise 398 apartments over two towers of 40 and 56 storeys, with a subtropical recreational podium, featuring two levels of premium offices and commercial facilities, and a fresh food and dining retail on the street level.

Designed by DBI Architects, residents will live among world‐class amenities, with both towers offering an elevated recreational podium with a 25-metre lap pool, a gym, a yoga deck and resident&rsquo;s lounge as well as kid&rsquo;s area, a Zen garden, an outdoor dining and barbecue space, all surrounded by lush green landscaping.

Once complete,&nbsp;V&amp;A Broadbeach will create the first high end residential, retail and culinary precinct in central Broadbeach since the Oracle towers more than a decade ago.

&ldquo;The family orientated downsizer buyers are the main demographic who are looking for larger apartments in Broadbeach and who share a history with a long love of the area,&rdquo; said Higgins.

[smartcode_project:default project_id=107928 project_image_fid=184934]

&ldquo;This comes from spending many childhood family memories holidaying or enjoying Broadie apartments, with strong childhood memories of the village of Broadie.&nbsp; Having a memberships and wanting to be close to the Kurruwa SLSC and the family park is also important to owner occupiers.&rdquo;

&ldquo;For the investors, they are always looking for the two or three-bedroom apartment with a beautiful view in the heart of Broadbeach, where they can look forward to the strong proven returns from a very established holiday and conference rental market.&rdquo;

&ldquo;Many southern downsizers are seeking the village location where walkability, amenity, luxury and convenience is at the top of the purchasing requirements,&rdquo; Higgins added

[smartcode_project_cta: project_id=107928]

Why Iris Capital chose Broadbeach for their first Gold Coast apartment project

To make the move from one property market to another is a huge step for any developer.

It often brings an element of uncertainty and unpredictability.

But the approach and due diligence by Siera Group&#39;s&nbsp;Founder and Managing Director Brent Thompson will be&nbsp;one that will breed&nbsp;optimism over&nbsp;pessimism in to the market, compared to other developers who have been&nbsp;jumping head first into one of Australia&#39;s most in demand pockets for the last two years and are now facing challenges.

The&nbsp;Brisbane-based boutique developer&nbsp;have not only taken on a new project type, but a completely new location, by venturing down to the Gold Coast to tackle the booming apartment sector.

Thompson, who has a highly regarded CV as a board member at the UDIA, as well being&nbsp;a prominent&nbsp;developer around Brisbane&#39;s inner-ring for many years, spent six to 12 months splitting his time between Brisbane and&nbsp;the Gold Coast, understanding everything about the local market, what people were buying, and what was being developed.

The result is Tapestry, a 22-level arts-inspired apartment tower, designed to be in keeping with Chevron Island&rsquo;s growing standing at the cultural arts hub of the Gold Coast.

[smartcode_project:default project_id=108641 project_image_fid=193359]

&quot;What drew us to this site for Tapestry was really&nbsp;Chevron Island&nbsp;itself and the fantastic community that is literally on the doorstep of Surfers Paradise, in the heart of the Gold Coast,&quot; Thompson said.

&ldquo;Chevron Island&nbsp;is a tight knit community with a high street full of cafes, restaurants and boutiques, as well as nearby links to HOTA, the home of the arts precinct, which is just across the Green Bridge and just a short walk from Tapestry.

&ldquo;After all the research and understanding&nbsp;Chevron Island&nbsp;as a whole, it really felt like it was the perfect place to deliver a project like Tapestry, where we&rsquo;ve created this phenomenal amount of amenity and beautiful residences that locals will be able to move into and downsize.&rdquo;

[smartcode_project:default project_id=108641 project_image_fid=192961]

Thompson said what makes makes&nbsp;Chevron Island&nbsp;so great, and not just the community piece, is the locality and how easy it is to access everything on the Gold Coast from&nbsp;Chevron Island.

&ldquo;We&rsquo;re only a short, flat walk into Surfers Paradise, where you&rsquo;ve got the beautiful golden beaches as well as an immense amount of shopping and retail precinct.

&ldquo;We&rsquo;re seeing a great deal of gentrification though Surfers Paradise, as well as&nbsp;Chevron Island, as we&rsquo;re seeing this increased densification of these areas.&quot;

[smartcode_project:default project_id=108641 project_image_fid=192966]

Tapestry has been&nbsp;designed by the local architecture firm BDA, whose brief was to merge art with architecture.

The result is a striking building of 113 apartments, featuring a&nbsp;mixture of vertical blade walls and horizontal slab edges which respond to available views and natural light.

The local aspect in the creation of Tapestry was one of the key focuses&nbsp;for Thompson.

Aligning with&nbsp;the Gold Coast City Council&#39;s efforts to make Surfers Paradise an arts and cultural hub, Siera also engaged local artist Tania Blanchard to create a piece of artwork that will hang in the lobby when completed.

[smartcode_project_cta: project_id=108641]

"What drew us to this site for Tapestry was really Chevron Island itself and the fantastic community that is literally on the doorstep of Surfers Paradise, in the heart of the Gold Coast," Thompson said

Why Siera Group chose Chevron Island for Tapestry

Bassar Construction Group, who are&nbsp;behind the sold-out Broadbeach apartment building&nbsp;Infinity, is preparing to release its second Broadbeach project.

Bassar, who sold out the 62-apartment, 39-storey Infinity development in March, currently under construction on the corner of Surf Parade and George Avenue, has secured a site at 14-18 Mary Avenue to develop Eternity.

Kollosche agent Simon Worthington negotiated the off-market sale of the&nbsp;1518 sqm site&nbsp;for $16.6 million.

That sale, which settled at the start of May, paves the way for Eternity, a DA-approved 35-level development comprised of 88 apartments, including two penthouses, and resort-style amenities.

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“The major appeal of this site is the unobstructed ocean views because that is what people expect when they visualise their sea change on the Gold Coast,” said Leo Sarris, who heads up Bassar Construction Group alongside Simon Bassil.

“Our commitment and focus remain in Broadbeach because we feel it is the suburb that caters for everyone and everything you need is within walking distance.” Located opposite Broadbeach State School, the site is currently home to two seventies-style blocks of flats across two titles."

Gold Coast-based Plus Architecture has been engaged to conceive a slender design which improves upon an existing development approval sold with the site.

Eternity will offer three and four-bedroom floor plans ranging from 190 sqm to 300 sqm, in addition to the 500 sqm for the penthouse suites.

Apartments will each have a double garage, while the penthouses come with triple car parking, a rooftop terrace and a plunge pool.

Residents will also benefit from a magnesium pool and spa, infrared sauna, steam room, gym and residents’ lounge.

“We know that buyers in the luxury space prefer to have larger apartments,” said Sarris.

“That third or fourth bedroom is important for downsizers who like to host guests and for growing families who prefer easy, low-maintenance living.”

<a href="/new-apartments/broadbeach-qld-4218"><img alt="" data-entity-type="" data-entity-uuid="" height="1336" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/eternity-broadbeach-impression-3-web.jpg" width="1200" /></a>

Kollosche New Projects has been appointed as the exclusive selling agents for Eternity, with registrations of interest now being taken ahead of the official project launch in June.

Hutchinson Builders, who are also building Infinity, have been appointed by open negotiation to lead a 2.5-year construction timeline which would see the team break dirt in early 2023.

Sarris noted the key relationships forged on Infinity have carried over to Eternity, creating not only a smooth pathway for the developer but also&nbsp;confidence for buyers.

“Aligning ourselves with the right people in the industry has been key to our success on the Gold Coast to date and we’ve been very deliberate in taking those relationships into our next project,” said Sarris.

“When you look at the issues we’ve faced as an industry through Covid – be that increases in material prices and supply issues – you’re always better off working with people that you know will take the project to completion with you.”

[smartcode_project_cta: project_id=108356]

With the last of Infinity’s 62 apartments having sold in March, Bassar has wasted no time sourcing a prime site for its next high end apartment project.



Bassar Construction Group set for Eternity, Broadbeach apartment tower

Local private Sunshine Coast developers have lodged plans for a site on a key corner site located at the gateway entry point to the Maroochydore Priority Development Area (PDA) which is the emerging CBD of Maroochydore, and more widely the Sunshine Coast.

Designed by renowned architects, Cottee Parker, the mix-use development will comprise a mix of 16 three-bedroom and 88 two-bedroom apartments, along with 2,464 sqm of office space, an outdoor dining area and 831 sqm of food and retail space.

The ground floor space of the development will be home to five food and drink outlet tenancies, addressing and activating all road frontages, with a residential lobby off First Ave, and a commercial&nbsp;lobby on the&nbsp;Aerodrome Rd frontage.&nbsp;The ground floor will also contain back of house areas along with 16 car parks, screened and sleeved by tenancies and lobby areas.

<a href="/new-apartments/132-136-aerodrome-road-maroochydore"><img alt="" height="1218" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-05-11_at_1.30.47_pm.png" width="1822" /></a>

Levels two to four will comprise office space with three levels of car parking and a partial mezzanine parking level accommodating a further 251 car parking spaces, as well as bicycle and motorcycle parking located behind.

Levels five to 12 will home eight levels of residences, with each level comprising 13 units each. A large 658 sqm communal open space pool and pool terrace area will be located on level five, on top of the podium, with additional amenity on the rooftop level, including a gym, a screened plant room and 252 sqm of outdoor terrace space.

Whist recognising the site&rsquo;s city centre location, the development also reflects the beachside character of the local plan area by extensive integration of landscaping and implementing a light coastal colour scheme. A high level of articulation is proposed through steps in building profile, protruding balconies, architectural screening, an articulated and stepped roof line and variation in building materials and finer grain detailing.

Element Design are behind the landscaping, which will feature along all street frontages as well as being integrated within the building&rsquo;s design including on all podium levels, to the edges of the communal open space area and with green walls on the Aerodrome Road frontage.

<a href="/new-apartments/132-136-aerodrome-road-maroochydore"><img alt="" height="1224" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-05-11_at_1.30.57_pm.png" width="1838" /></a>

Landing on the corner of Aerodrome Road and First Avenue, the site has a high level of access to public transport with existing bus stops along Aerodrome Road located 80-metres to the south-east of the site and 220-metres to the north-west of the site.

Further, the site&rsquo;s location is planned to be serviced by key public transport infrastructure including the Dedicated Public Transport Corridor (CAMCOS), CoastConnect Priority Public Transport and Bicycle Corridor and potential future Sunshine Coast Light Rail Corridor, along with First Avenue indicatively identified as part of the future light rail alignment.

Designed by renowned architects, Cottee Parker, the mix-use development will comprise a mix of 16 three-bedroom and 88 two-bedroom apartments, along with 2,464 sqm of office space, an outdoor dining area and 831 sqm of food and retail space.



New apartments central to proposed Maroochydore mixed-use development

If you're looking for an excellent value apartment in the heart of the Gold Coast then you're in for a treat as apartments in Marine Quarter are now available, following the sell-out success of tower one.

Take a look at our recent display suite tour video where&nbsp;we unpack what you can expect from this exciting new Southport development.&nbsp;

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="415" src="https://www.youtube.com/embed/1jRT_AVS5M4" title="YouTube video player" width="660"></iframe>

<h2>MARINE QUARTER AT A GLANCE</h2>

Address:&nbsp;165 Marine Parade, Southport QLD 4215 
Developer: Buildcap 
Architect:&nbsp;WallaceBrice Architecture

[smartcode_project_cta: project_id=7007]

Said to be the next up-and-coming suburb on the Gold Coast – Southport has all the local amenities you could ever want, with homes still at a reasonable price point, offering the perfect opportunity to get into the market in this revitalised area.&nbsp;

When you head down to the development site, you can already see construction is underway, and there's a display suite set up just around the corner. Within the sales suite, you can get a feel for the quality of the apartments, with a sample kitchen and an interactive screen, allowing you to navigate through the floorplans visually.&nbsp;

[smartcode_project:default project_id=7007 project_image_fid=187482]

While there are two buildings on the site, apartments have been thoughtfully designed with living spaces facing away from other properties, offering coveted northerly and easterly views, while some apartments are positioned for Hinterland sunset vistas.

On-site, you'll have access to a bespoke collection of amenities, including a rooftop swimming pool and a resident's lounge and terrace – which is the perfect place to relax and soak up the amazing views, and this all comes at a pretty reasonable body corporate rate.&nbsp;

[smartcode_project:default project_id=7007 project_image_fid=187484]

Life at Marine Quarter is one of ease and convenience, considering how close you are to some pretty great amenities. Spend your weekends enjoying brunch at the famous Cafe Catalina or dinner at one of the popular Chirn Park restaurants. Enjoy spending time by the water at Southport Yacht Club, or go for a swim at the aquatic centre. You've also got Broadwater Parklands nearby to enjoy a stroll or picnic, with Australia Fair and Marina Mirage just a stone's throw for all your shopping needs. There’s also Hopo Ferry right on your doorstep.

If you'd love to learn more about securing a brand new home at Marine Quarter, then submit your enquiry via Urban today.

[smartcode_project:default project_id=7007 project_image_fid=187493]

urban.com.au

Display Tour Video: Marine Quarter Scenic Tower by Buildcap at 165 Marine Parade, Southport, QLD

The Brisbane-based Di Carlo Property Group has ventured back in to the Gold Coast market.

The family run company, who in recent years have been developing boutique projects in Brisbane's inner ring, have lodged plans for their first tower in Broadbeach, dubbed Lusso Sky Homes.

Lusso Sky Homes (Lusso is Italian for luxury) - is a collection of just 17 full-floor apartments at 11 Anne Avenue.

Designed by&nbsp;Hayes Anderson Lynch Architects, the four-bedroom apartments span over 200 sqm internally, with a further 40 plus sqm of balcony space.

<img alt="" data-entity-type="" data-entity-uuid="" height="932" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-05-13_at_8.34.52_am.png" width="1074" />

The kitchen (complete with butler's pantry), meets the&nbsp;living and dining space, which opens to the balcony&nbsp;oriented to front Anne Avenue and capture south east ocean views. The master suite, complete with walk in wardrobe and ensuite, is also cleverly located at the front of the apartment to capture the views.

In addition to the master, there are a further two bedrooms and a multi-purpose room, which has been designed o act as either a second living area, a home office, or a fourth bedroom.

Crowning Lusso will be the resident amenity rooftop terrace, featuring&nbsp;a&nbsp;pool, gym, sauna and barbecue facilities.

Alfie Di Carlo, one of the family directors at the company, says the design offering should hit the mark for the luxury buyer.

<img alt="" data-entity-type="" data-entity-uuid="" height="414" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-05-11_at_5.35.47_pm.png" width="631" />

"We produce boutique, owner-occupier developments in Brisbane so we definitely wanted to stay in our lane and produce something that would service that type of buyer on the Gold Coast," Di Carlo told Urban.

"Its a really nice pocket of the Gold Coast and it's always been on the agenda," Di Carlo added.

"This site ticked all the boxes given its centrally located between the beach, the Broadbeach entertainment and dining precinct, the Star Casino and Pacific Fair Shopping Centre."

Di Carlo expects a healthy enquiry mix from local downsizers cashing in on their houses but not wanting to compromise on space, and interstate and Brisbane holiday makers who are looking for a high-end holiday home or weekender.

The development acts as another diversification for the Di Carlo Group, who have recently started developing&nbsp;in&nbsp;the retail and commercial space.

The team have over 40 years experience building and managing in excess of $500 million&nbsp;of property development and construction projects across South East Queensland.

The family run company, who in recent years have been developing boutique projects in Brisbane's inner ring, have lodged plans for their first tower in Broadbeach, dubbed Lusso Sky Homes

Di Carlo Property Group set for Broadbeach owner-occupier apartment tower

Interstate dwellers seeking a safe haven on the Gold Coast was one of the biggest property trends of 2020 and 2021 since the onset of COVID.

Many have reported locals are now the ones driving the continued success in the Gold Coast market, but the latest luxury tower to hit Surfers Paradise, Aspire, is still seeing plenty of interstate interest.

Kollosche New Projects agent Andrew Ramsey says the interstate market is favourable for this type of project.

"There's still plenty of interest from both Sydney and Melbourne for this high-end stock, which is still undersupplied in the local market," Ramsey says.

[smartcode_project:default project_id=111652 project_image_fid=196986]

"Everything with a crane on the Gold Coast has virtually sold out, so there's not a lot of opportunity at the top end of the market."

Aspire, which is being developed by the Sydney-based developer on the sought-after Garfield Terrace beachfront, will comprise just 37 apartments over 24 levels.

Each of the half-floor apartments have between 207 sqm and 217 sqm of space, with the six full-floor apartment offering a huge 414 sqm of space.&nbsp;

[smartcode_project:default project_id=111652 project_image_fid=196975]

The tower will be crowned with a two-level penthouse spanning 716 sqm of internal space.

Designed by <a aria-label="Mosca Pserras Architects - opens in new tab" data-uw-rm-brl="false" data-uw-rm-ext-link="" data-uw-styling-context="true" href="/news/profiling-woods-bagots-role-in-western-sydney-universitys-new-liverpool-campus" target="_blank" uw-rm-external-link-id="https://www.urban.com.au/news/profiling-woods-bagots-role-in-western-sydney-universitys-new-liverpool-campus$moscapserrasarchitects">Mosca Pserras Architects</a>,&nbsp;each apartment has been crafted with sophisticated comfort and luxury in mind, featuring high-end fit outs from European Oak floors to Gaggeneau appliances.

Residents of Aspire will have private access to exclusive amenity, including a luxury&nbsp;infinity pool, a gym with yoga room,&nbsp;steam room, and&nbsp;infra-red sauna. There will be a&nbsp;barbecue space, a&nbsp;bar and residents'&nbsp;lounge, a modern office space with conference room, and even a surfboard store.

[smartcode_project:default project_id=111652 project_image_fid=196989]

The materials of Aspire have been carefully selected to promote a natural colour palette that reflects the colours of golden sands, giving a sense of warmth that balances the cool ocean backdrop.

Ramsey says there's still been plenty of locals, predominantly downsizers who are wanting to move in to a space with extensive square metreage and a prime location.

Kollosche will soon be opening the Aspire display suite, complete with a full kitchen and bathroom, at 4 Charles Avenue, Broadbeach, on the ground floor of Oracle. There are 3D tours available of the three and four-bedroom apartments, the amenities, and the exterior of the building.

Demolition has begun at 9 Garfield Terrace, with the development approved project expected to take builder Descon Group Australia under two years to build.

[smartcode_project_cta: project_id=111652]

"There's still plenty of interest from both Sydney and Melbourne for this high-end stock, which is still undersupplied in the local market," Kollosche agent Andrew Ramsey says.



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