Melbourne-based property developer ALTA Property has this week achieved planning approval for the adaptive re-use of a former commercial tower into a $200 million, 169-apartment project at 10 Queens Road, one of the last developable sites along the Albert Park Lake-fronting boulevard.&nbsp;

Set within one of Melbourne’s most sought-after precincts and designed by <a href="https://www.apartments.com.au/architects/fraser-partners-0">Fraser and Partners</a>, the illustrious building will offer unparalleled views across Albert Park Lake, Port Phillip Bay and Melbourne CBD.&nbsp;

The mix of 1, 2 and 3-bedroom residences will be complemented by a ground-floor amenity featuring private dining, a lounge bar, gym and wellness spaces, co-working, outdoor communal gardens, and retail.&nbsp;

The 17-storey building is a masterclass in adaptive re-use, with the existing commercial building’s façade, shell and internal structure to be retained, before high-end residences are built from the ground up in a newly built Albert Park facing addition to the building.&nbsp;

Sitting atop the building will be two 320+sqm penthouses with private rooftop terraces, which are expected to be priced between $9 - $11 million.&nbsp;

<img alt="ALTA Property achieves permit approval for $200 million Queens Road tower" data-entity-type="file" data-entity-uuid="aa11211b-5581-43f9-940c-fc84d30a0e61" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/C_04.png?VersionId=Yhf5p_1EgGDu_zOIMFgvA8Ug8j3sTFQs" />

Architecturally, the building will feature a curved, geometric façade that celebrates and elevates the existing structure, with warm, muted tones which were selected to extend the materiality of the existing building rather than contrast it.&nbsp;

Interiors will bring together three metre high ceilings with waffle concrete in some spaces, natural timber, granite and Australian materials, culminating in crafted, generous and considered spaces that are defined by authenticity.&nbsp;

The adaptive re-use means that the Queens Road project will be a sustainability led, high-quality finished product, with a 62% saving in carbon emissions by re-using the existing structure rather than knocking it down and rebuilding.&nbsp;

ALTA Property was launched by Nigel Givoni in 2023, bringing over 25 years of experience in multi level residential delivery.&nbsp;

Melbourne’s property market growth is currently led by apartments. According to RPM VIC Apartments &amp; Townhomes Market Report (April 2026), units are outpacing houses, especially in the middle ring suburbs where median prices hit $757,500 – a four-year high that represents 2.9 percent growth quarter-on-quarter.&nbsp;

<img alt="ALTA Property achieves permit approval for $200 million Queens Road tower" data-entity-type="file" data-entity-uuid="647e13d7-b4bc-433a-9bc9-fe3c3dd4f2ec" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/V_06.png?VersionId=ou4NUCWUgA3NAy.6CQJlEdKX50j3dOk6" />

For ALTA Property Founder Nigel Givoni, this performance speaks to the confidence he has in the Melbourne market.&nbsp;

“Queens Road represents a rare opportunity to continue to shape our presence in the Melbourne market.,"&nbsp;Givoni says.

"With a considered project team and a premier site along one of the city’s most sought-after boulevards, we look forward to contributing to the fabric of this established address.

“Other Australian markets are getting a lot of attention, but I believe the depth of value in Melbourne is being overlooked. The fundamentals are strong, population growth is steady and, based on our preliminary conversations with a leading builder, construction costs are beginning to normalise, creating further opportunity."

Givoni says the project is a&nbsp;highly considered example of adaptive re-use, delivering quality, high-end residences, premium hotel-inspired amenities and an architecturally striking façade, all achieved without the need to remove the existing structure.

"We are really looking forward to the market’s response,” he said.&nbsp;

Joel Robinson

ALTA Property to deliver $200 million Queens Road apartment tower

Construction is set to begin at <a href="https://www.apartments.com.au/new-townhouses/orchard-mews-glen-iris-18-scott-grove-glen-iris-vic-3146">Orchard Mews</a> in Glen Iris, with&nbsp;PC Whitehall &amp; Sons&nbsp;now appointed as the townhome development moves into its next phase.

The development by&nbsp;<a href="https://www.apartments.com.au/developers/montcoeur">MontCoeur</a>,&nbsp;located at 18 Scott Grove, is now around 30 per cent sold, with completion targeted for late-2027.

Orchard Mews comprises a curated collection of three- and four-bedroom customisable townhomes, positioned within one of <a href="https://www.apartments.com.au/developments/glen-iris-vic-3146">Glen Iris</a>’ more tightly held residential streets. The low-density project has been designed by <a href="https://www.apartments.com.au/architects/cera-stribley-architects">Cera Stribley</a>, with landscape architecture by <a href="https://www.apartments.com.au/landscape-architect/jack-merlo">Jack Merlo</a>, bringing together a team known for high-end residential projects across Melbourne.

[smartcode_project:default project_id=150128 project_image_fid=366285]

The development is defined by its focus on flexible living and long-term usability. Each residence includes multiple living zones and a customisable multipurpose room, allowing buyers to tailor spaces to suit changing needs, whether as a home office, additional bedroom, wellness area or entertainment space.

Architecturally, the townhomes emphasise natural light and spatial volume, with dual-aspect layouts and double-height living areas incorporated into the design. Interiors feature natural stone benchtops, premium appliances, and a neutral material palette intended to support everyday functionality rather than statement-driven finishes.

All residences are all-electric and include private lifts and secure double garages, reflecting a broader shift toward sustainability and future-focused housing in Melbourne’s established suburbs.

[smartcode_project:default project_id=150128 project_image_fid=366277]

Outdoor connections are also central to the offering, with a mix of private courtyards and terraces extending internal living spaces and integrating with the landscaped surrounds.

The Scott Grove address places Orchard Mews within close proximity to some of Melbourne’s key lifestyle and education amenities, including Scotch College, Sacré Cœur, Cabrini Hospital and the retail hub of Chadstone. Public transport access is also nearby, with trams and Gardiner Station providing connectivity to the CBD and surrounding suburbs.

[smartcode_project_cta:default project_id=150128]

Construction to commence at luxury Glen Iris townhome project, Orchard Mews

A rare new apartment development has been proposed on the fringe of St Ives Village.

Developer Newquest Property has lodged plans for a low-rise apartment project designed by well-regarded architecture firm Warren &amp; Mahoney, which is best known for its work in the multi-residential sector in Melbourne.

The building, proposed for a 1,916 sqm site on <a href="https://www.apartments.com.au/new-apartments/st-ives-residences-3-5-memorial-avenue-nsw-2075">Memorial Avenue</a> opposite St Ives Village Green, has been designed to blend into the surrounding natural environment.

<img alt="St Ives" data-entity-type="file" data-entity-uuid="5c1c7437-2fba-4345-a6d7-05321714ad3e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-04%20at%201.28.46%E2%80%AFPM.png?VersionId=KrYyMaJvNqR7vbx0xbB3Ef8sJ6FuHpmn" />

“Drawing inspiration from the pale trunks and flowering canopies of the scribbly gums and blue gums prevalent in the area, a considered material palette was developed,” the architectural design report states.

“This palette references the established materiality of the suburb while elevating it through refined finishes to achieve a more luxurious architectural expression.”

Of the 33 apartments proposed, 21 will be three-bedroom residences. The remaining mix includes nine two-bedroom apartments, one one-bedroom apartment and two four-bedroom residences. The development will be supported by 62 car parking spaces and 33 secure bicycle spaces.

The proposal would replace two single-storey brick buildings currently on the site.

<img alt="St Ives" data-entity-type="file" data-entity-uuid="21422eaf-09a9-4439-9278-b9bd9daf22a1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-04%20at%201.38.10%E2%80%AFPM.png?VersionId=v.fXSgcUcEscvOZzqcjG5nk3gVqk_Amt" />

St Ives remains a relatively untapped market for new apartment development. North Shore developer WINIM has a number of projects in the area, while INCA is nearing completion of Ellis Residences.

More recently, Traders In Purple has lodged plans for one of the denser projects proposed in the suburb, a 75-apartment development on a 5,900 sqm site on Cowan Road.

NewQuest, a construction, design and development firm, has delivered over 24 projects across commercial, residential, industrial, and lad markets.&nbsp;

&nbsp;

&nbsp;

First look: NewQuest Property proposes new St Ives apartment development

<a href="https://www.apartments.com.au/developers/centa-property-group">Centa Property Group</a> has achieved two major milestones at its <a href="https://www.apartments.com.au/new-apartments/bilinga-house-107-golden-four-drive-bilinga-qld-4225">Bilinga House</a> apartment development in the sought-after southern Gold Coast.

They've almost sold 50 per cent of the Golden Four Drive building, while at the same time announcing the commencement of construction through reputable builder Greyburn Construction.

The boutique 10-storey building, with 47 two- and three-bedroom apartments, now has a mid-to-late 2028 completion date.

[smartcode_project:default project_id=150037 project_image_fid=5333]

The <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a>-designed project is positioned just 200 metres from Bilinga Beach and brings a relatively rare apartment offering to a market that has seen limited new supply in recent years.

Residences have been designed to maximise natural light and ventilation, with open-plan interiors, generous glazing, and material palettes that reflect the surrounding coastal landscape.

Interiors incorporate engineered timber flooring, stone benchtops, and custom joinery, with layouts designed to adapt to both permanent living and lock-and-leave use.

[smartcode_project:default project_id=150037 project_image_fid=5336]

Rothelowman Senior Project Leader Matthew Tencate said the design approach centres on liveability and community.

“Providing curated on-site amenities and communal spaces for residents that facilitate a sense of community, liveability, and wellness,” Tencate said.

Residents will have access to a suite of private amenities including a pool, gym, sauna, and communal alfresco areas, alongside practical features such as surfboard storage and bicycle facilities.

[smartcode_project:default project_id=150037 project_image_fid=5336]

Centa Property Group Director Jason Yuen said the project has been designed to appeal to a range of buyers seeking flexibility in how they use their property.

“Bilinga House is designed for those who want the best of both worlds – a modern beachside escape with the flexibility to generate income when you're not there,” Yuen said.

[smartcode_project:default project_id=150037 project_image_fid=5338]

Bilinga remains one of the quieter pockets of the Gold Coast, sitting between the more established hubs of Coolangatta and Palm Beach. Its appeal has strengthened in recent years, supported by proximity to the Gold Coast Airport and the Oceanway coastal path.

[smartcode_project_cta:default project_id=150037]

Bilinga House apartments snapped up as Greyburn commences construction

Breaking into the Sydney property market has long felt out of reach for many first home buyers, particularly as median house prices sit above $1.6 million and unit prices push beyond $900,000.

But entry points still exist in pockets of Greater Western Sydney, where pricing, government incentives, and product mix are aligning to make ownership more attainable.

Understanding where those opportunities sit, and how the numbers actually stack up, is becoming increasingly important for buyers weighing up their next move.

<h2>Work out what you can actually afford</h2>

Sydney is expensive, but it isn’t uniformly expensive. The Greater Parramatta region continues to offer comparatively accessible entry points, particularly for buyers open to alternative configurations like studios.

There's an assumption that a first home needs to be a certain size, that anything smaller than a one-bedder is a concession rather than a choice. That assumption doesn't hold up against what well-designed studios in the right location actually offer: immediate liveability, strong urban amenity, and a price point that makes the deposit target realistic rather than theoretical.

At <a href="https://www.apartments.com.au/buildings/mason-main-merrylands-249-259-merrylands-road-merrylands-nsw-2160">Mason &amp; Main</a>, <a href="https://www.apartments.com.au/developers/coronation-property">Coronation Property</a>'s multi-award winning precinct in Merrylands, studio apartments are unlike the typical studio configuration.

Starting from $498,000, the bedroom is fully enclosed, separated from the living area by a cavity sliding door, creating a genuinely private sleeping space that functions more like a one-bedroom apartment than a traditional open-plan studio.

[smartcode_project:default project_id=31751 project_image_fid=359814]

At 42 sqm internally, with an open-plan kitchen, built-in robes, modern bathroom, and separate laundry, the apartments are designed for everyday liveability rather than short-term use.

With a five per cent deposit under the Federal Government's First Home Guarantee, that equates to a deposit of around $24,200, achievable for many first home buyers without the added cost of Lenders Mortgage Insurance.

<h2>Understand the real cost of renting versus buying</h2>

For buyers weighing up the shift from renting to owning, the numbers are closer than many expect.

Here’s how the numbers stack up for a studio at Mason &amp; Main (based on a $498,000 purchase):

<ul>
	<li>Purchase price: $498,000</li>
	<li>Five per cent deposit (First Home Guarantee): ~$24,900</li>
	<li>Loan amount: ~$473,100</li>
	<li>Estimated mortgage repayment (6.29% variable, 30-year term): ~$675–$695/week*</li>
	<li>Estimated rental return: $590–$620/week*</li>
	<li>Rental yield: 6.16% - 6.47%</li>
</ul>

At this level, the gap between renting and owning is relatively narrow, particularly when factoring in long-term equity, with rental returns also making the apartments a viable option for investors.

The rental range reflects current asking rents for remaining studio stock in the development and, based on prevailing asking prices, equates to an indicative gross rental yield of up to 6.47 per cent.

For buyers seeking more internal space, Mason &amp; Main also offers a range of one-bedroom apartments from $629,000, alongside larger one-bedroom plus multipurpose room configurations priced from $680,000 - all priced under $800,000 and eligible for first home buyer incentives.

<ul>
	<li>Purchase price: $629,000</li>
	<li>20 per cent deposit: ~$125,800 (5% deposit on exchange: $31,450)</li>
	<li>Loan amount 80%: ~$503,200</li>
	<li>Estimated mortgage repayment: ~$720–$740/week*</li>
	<li>Estimated rental return: $650–$680/week*</li>
	<li>Rental yield:&nbsp;5.37% - 5.62%</li>
</ul>

One-bedroom apartments continue to present a balanced option for both owner-occupiers and investors, supported by steady rental demand across Western Sydney.&nbsp;

[smartcode_project:default project_id=31751 project_image_fid=359812]

<h2>Make sure you're across the government incentives</h2>

Government incentives continue to play a key role in reducing the upfront cost barrier.

At Mason &amp; Main, studio, one, and two-bedroom apartments are priced under $800,000, allowing eligible buyers to access a full stamp duty exemption under the NSW First Home Buyers Assistance Scheme.

On a $498,000 purchase, that represents a saving of roughly $17,900 that would otherwise need to be paid at settlement.

Combined with the First Home Guarantee, which enables purchases with as little as a five per cent deposit, the total capital required to secure a home is significantly reduced compared to traditional lending pathways.

<h2>No waiting, no uncertainty</h2>

For first home buyers who want to move sooner rather than later, Mason &amp; Main removes one of the more common pain points from the purchase process entirely. The development is already complete and move-in ready, meaning buyers can walk through the apartments, inspect the finishes, and have full certainty about what they're purchasing before signing anything.

Coronation brought in renowned architecture firm <a href="https://www.apartments.com.au/architects/woods-bagot">Woods Bagot</a> to design the development.&nbsp;

"The project's design drew inspiration from the area's rich heritage, in particular the nearby brickworks and aqueduct, infusing a contemporary perspective to seamlessly integrate historical influences into the design," Woods Bagot Principal Dom Alvaro says.

[smartcode_project:default project_id=31751 project_image_fid=736]

<h2>Factor in location and lifestyle</h2>

Beyond the apartment itself, the surrounding infrastructure matters, particularly for a first purchase. Merrylands Station sits 350 metres from the development, putting the Parramatta CBD a five-minute drive away and the Sydney CBD roughly 25 minutes via the Western Line. Directly across the road is Stockland <a href="https://www.apartments.com.au/developments/merrylands-nsw-2160">Merrylands</a>, one of Greater Western Sydney's major retail centres.

At street level, Mason &amp; Main's own retail and dining precinct has more than 30 tenants trading, including Iftar, Macelleria, Hayat, San Churro, Yuzu, and Fat Jaks. Residents also have access to a resort-style pool, a Technogym-equipped gym, private dining rooms, and a rooftop terrace with panoramic views across Parramatta, the Sydney CBD, and the Blue Mountains, all exclusive to the building.

Due to the mix of configurations, including studios which are rarely offered in today's new apartment market, first home buyers and investors have driven Mason &amp; Main to over 90 per cent sold.

Coronation Property Managing Director Joe Nahas says the development is driving a revitalisation of Merrylands, setting a high standard for future developments in the area.

Mason &amp; Main is move-in ready and is the latest in a series of award-winning mixed-use developments by Coronation Property.

Disclaimer: Mortgage repayment figures are estimates only, based on a 6.29 per cent variable rate over a 30-year term (Canstar, April 2026). Pricing and rental estimates are indicative and based on current listings and project information. Gross yield figures are indicative and derived from asking prices and estimated rental ranges. Stamp duty savings are indicative only. Buyers should seek independent financial and legal advice before proceeding.

[smartcode_project_cta:default project_id=31751]

How first home buyers can enter the Sydney property market for under $500k

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?

Set in the seaside village of Manly, 191 Stratton is a recent addition to the coastal suburb east of Brisbane.

The collection of contemporary one, two and three-bedroom residences have been crafted to make use of the local area.

Set one block from the main waterfront, the development provides modern interiors and high-quality inclusions designed to reflect the waterside spot.

Urban has had a look at what&rsquo;s on offer at 191 Stratton.

1. Location

[smartcode_project:default project_id=31674 project_image_fid=175295]

Just 30-minutes from the bustle of Brisbane&rsquo;s CBD, Manly is a place of calm waters and soft sea breezes.

The charming and relaxed seaside village is complemented by backdrops of Moreton Bay, providing opportunities for morning strolls along the beach and boasting stunning views.

Located in the city&rsquo;s outer east, the quaint neighbourhood possesses a community energy, with the Jan Powers Farmers Market on twice a month and a range of caf&eacute;s, pop-up stores and hotels that dot the streetscapes.

2. Lifestyle

[smartcode_project:default project_id=31674 project_image_fid=175294]

Living in this vibrant neighbourhood makes every day feel like a holiday, with opportunities to relax on the warm sand or enjoy a night at the family-friendly outdoor cinema.

Less than 10 minutes from home, the Wynnum Mangrove Boardwalk is amongst the most picturesque trails in southeast Queensland.

Residents can bask in living nearby parklands and recreational amenities, such as Bayside Park, the Bribie Island or the 25-metre Manly Pool at the foreshore. &nbsp;

3. Residences

[smartcode_project:default project_id=31674 project_image_fid=175288]

Honouring the village skyline, 191 Stratton is set back from the street with a weatherboard and metal fa&ccedil;ade that reflects the timber and tin common to the area&rsquo;s residential buildings.

Designed by Ellivo Architects, the development weaves the soft curves of its exterior into each residence, complemented by a neutral colour palette that speaks to the coastal locale.

The apartments embrace sunlight with wide orientations, open-plan living and dining and landscaped balconies.

Other features include the island benchtop that faces out towards the vistas, bay windows and high-quality joinery.

4. Amenities

[smartcode_project:default project_id=31674 project_image_fid=175284]

Among the amenities on offer at the project include an expansive private rooftop, featuring a terrace, vegetable garden and sun lounging areas.

The landscaped rooftop, ideal for entertaining, also includes barbeques, tables, a pergola and views across Moreton Bay.

[smartcode_project:default project_id=31674 project_image_fid=175290]

Residents will be welcomed into their homes&nbsp;by a verdant courtyard with lounge chairs and grassy areas, lined by cape jasmine and lemon myrtle.

A new level of wellness is delivered at the private fitness sanctuary, which includes a dedicated gym and fitness studio overlooking the tranquil courtyards.

5. The development team

[smartcode_project:default project_id=31674 project_image_fid=175283]

The developer, DeMartini Fletcher, has over 100 years of combined development experience across its property portfolio, priding itself on excellence.

Since its formation in 1980, the group have grown to become a leader in the Australian property market and possess a strong track record in delivering commercial and residential projects across the country.

Brisbane-based Ellivo Architects were employed on the project thanks to their experience in commercial, mixed-use and residential developments.

As a result, each space is more than just aesthetically-pleasing architecture, but functional and usable spaces that meet the needs of buyers.

[smartcode_project_cta: project_id=31674]

Set one block from the main waterfront, the development provides luxurious interiors and high-quality inclusions that deliver a coastal getaway at home

max.kwok_55688

What’s on offer at Brisbane's new Manly apartment development, 191 Stratton

Sydney-based developer Iris Capital saw strong sales results across their projects last year, with new Broadbeach development Victoria &amp; Albert outperforming 2020 results.

V&amp;A, an $800 million residential and commercial precinct, is expected to transform the heart of Broadbeach and create a vibrant new destination for the Gold Coast.

Designed for the coastal environment, V&amp;A will comprise a mix of one, two and three-bedroom apartments on the lower levels, while the upper residences will offer a mix of three-bedroom apartments, with both towers topped by sub‐penthouses and penthouses.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="315" src="https://www.youtube.com/embed/yUXurXUgRSY" title="YouTube video player" width="560"></iframe>

David Higgins of Colliers International Gold Coast said the development is an exciting breakthrough for Broadbeach, thanks to the complexity of lifestyle and amenity on offer.

&ldquo;It is a pretty exciting milestone for the Gold Coast and, more especially, for Broadbeach because Broadbeach is really one of the most heavily developed lifestyle precincts&rdquo;, he said.

[smartcode_project:default project_id=107928 project_image_fid=184936]

&ldquo;The walkability of this location in the centre of Broadbeach, you can&#39;t replace.&rdquo;

Straddling both streets and the mall, the site ties Victoria Avenue and Albert Avenue together, whilst bringing the history of Broadbeach into the project with its name.

The largest tower to the west is Victoria, the &ldquo;crowning glory&rdquo;, while the smaller tower to the east is Albert.

[smartcode_project:default project_id=107928 project_image_fid=184935]

The two towers, designed by DBI Architects over a subtropical recreational podium, will home over 400 apartments, two levels of premium offices and commercial facilities and fresh food and dining retail on the street level.

The project boasts over 5,500sqm of dining, retail and A-grade commercial, adding to the strong hospitality offerings already available within the suburb.

[smartcode_project:default project_id=107928 project_image_fid=184934]

&ldquo;When we put a new arcade, new retail and dining, fresh food with some A-grade commercial, [V&amp;A] will be a very unique, new entrant into the Gold Coast lifestyle market&rdquo;, said Higgins.

In the six months to June 2021, the development team saw apartment sales 20 per cent ahead of the result for the entire year of 2020.

&ldquo;We expect next year to be as good, if not better&rdquo;, Higgins added.

[smartcode_project:default project_id=107928 project_image_fid=184933]

Iris Capital&rsquo;s decision to transform Newcastle and head north to Queensland was a very strong move, based upon the knowledge of the Gold Coast of Iris Capital chief executive, Sam Arnaout.

&ldquo;He saw the trends and he liked what he saw in Southeast Queensland&rdquo;, Higgins said in his interview with MediaHunt.

&ldquo;Obviously, last year [Queensland] had the best interstate migration [they] have had for 13 years, over 30,000 people, and we expect the next year to be better again.&rdquo;

[smartcode_project_cta: project_id=107928]

V&A, an $800 million residential and commercial precinct, is expected to transform the heart of Broadbeach and create a vibrant new destination for the Gold Coast

Iris Capital see strong demand in Broadbeach at V&A following their move into the Queensland market

Demand has continued for the up-and-coming Sunshine Coast suburb of Birtinya, with Cube Developments announcing a sell out success of the first tower in its Seasons by Cube project, totalling over $40 million in sales.

Comprising 54 two and three-bedroom apartments, the first eight-storey tower was launched to market six months ago and has seen a diverse buyer mix, with first home purchasers, investors, downsizers and interstate buyers all moving quickly on the opportunity to purchase off the plan.

Over 30 per cent of the second tower has already been secured since its launch prior to Christmas.

[smartcode_project:default project_id=106957 project_image_fid=184864]

Director Scott Juniper noted the team have also seen a spike in local downsizers to the project.

&ldquo;Empty nesters from Buddina and the neighbouring area are capitalising on a market where they can sell their existing residence as a million dollar knockdown and opt for an oceanside apartment.

&ldquo;Three-bedroom units have been particularly popular in the most recent release due to being priced at under $750,000, making them appealing to this type of buyer.&rdquo;

[smartcode_project:default project_id=106957 project_image_fid=184867]

&ldquo;We&rsquo;ve also sold two of the three penthouses, one to a local buyer from the neighbouring area for $1.5 million, and given the expansiveness and inclusions of these modern residences, we expect the final penthouse to move quickly too.&rdquo;

Seasons&rsquo; Tower Two offers fewer apartments per floor to Tower One, including ground floor residences, while Tower One houses the elaborate suite of amenities including a fully equipped gym, yoga studio, spa and sauna on the ground level.

Upon completion, the Cottee Parker-designed project will make up around 148 apartments set over three eight-storey towers.

[smartcode_project_cta: project_id=106957]

Over 30 per cent of the second tower has already been secured since its launch prior to Christmas

Cube Developments sell out first tower in Sunshine Coast apartment development, Seasons Birtinya

One of the largest residential developments ever undertaken on the Gold Coast, SPG Land’s $800 million Paradiso Place, has opened the city’s largest and most spectacular sales gallery.

The sales gallery, which is fully landscaped and includes a dedicated car park, occupies more than 2,000sqm of the site fronting Ferny Avenue.

Last month, Hutchison Builders completed the $4 million sales gallery which will span 750sqm, making it the largest sales gallery of any new development in the southern hemisphere.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="315" src="https://www.youtube.com/embed/JYdY1tGwQ58?start=2" title="YouTube video player" width="560"></iframe>

A key highlight of the sales gallery are&nbsp;two fully constructed apartments, three-bedroom and two-bedroom, that give buyers a realistic feel of the premium residential offering at Paradiso Place.

Simon Wong, chief executive of SPG Land said the development group spared no expense with the sales gallery to bring to life their vision.

<blockquote>
“Every detail has been considered for our sales gallery to replicate what the customer will be buying and experiencing when completed. For customers located interstate, they will be able to experience a virtual tour within the completed apartments”. 
&nbsp;

Simon Wong, SPG Land chief executive
</blockquote>

The gallery features a 2.5-metre-high scale model, a fly-through of the new ground-level retail and dining plaza and a main foyer, designed to mimic entry foyer located in Tower 1 of the proposed three-tower development.

[smartcode_project:default project_id=106566 project_image_fid=185859]

Once completed, Paradiso Place is set to become an urban oasis on a 1.15ha site, occupying an entire city block bounded by Ferny Avenue, Surfers Paradise Boulevard, Pandanus Avenue and Ocean Avenue in Surfers Paradise.

Paradiso Place will comprise three residential towers of 37, 39 and 42-storeys, bringing to the market a total of 792 apartments accompanied by 1,790sqm of internal space and 1,015sqm of external space of retail.

[smartcode_project:default project_id=106566 project_image_fid=185857]

The project will also feature 896 car and 18 motorbike underground car parks, 401 bike parks including 50 bike parks on the ground and 351 underground and 31 on-grade parking spaces.

The premium residential towers will each have their own identity with double-height lobby space while offering residents unparalleled bespoke amenities.

[smartcode_project:default project_id=106566 project_image_fid=185862]

The focal point for residents will be a unique circular infinity lagoon pool on the podium level which will host the signature communal space for the development and will be connected via link bridges to the other towers.

In a first for the Gold Coast, the project will also deliver a world-leading attraction – a suspended glass-bottom pool that will offer residents freestyle swimming with a clear view to street level 26 storeys below.

Apartment buyers will be able to lodge an expression of interest for apartments ahead of the official launch of the development.

[smartcode_project_cta: project_id=106566]

Last month, Hutchison Builders completed the $4 million sales gallery which will span 750sqm, making it the largest sales gallery of any new development in the southern hemisphere.

Southern Hemisphere’s largest sales gallery brings $800 million Paradiso Place to life in Surfers Paradise

Mosaic Property Group are continuing to set their stall out for a solid 2022.

The burgeoning South East Queensland apartment developer, who is looking to launch seven new projects across Brisbane,&nbsp;the Gold Coast, and Sunshine Coast this year, are readying a boutique project in the sought-after Kirra Beach locale in Coolangatta.

Their second time developing in Coolangatta after having success with Elan,&nbsp;Mosaic has lodged plans with the Gold Coast City Council for a nine-level building at 7 Douglas Street, just off Musgrave Street and less than 200&nbsp;metres from the popular beach and surf spot.

<a href="/new-apartments/luca-7-douglas-street-coolangatta-qld-4225">To be the first to be notified when the project hits sales, enquire here.</a>

There will be 31 two and three-bedroom apartments across the tower, which architecture firm Gatehouse Architects designed to connect the occupants to the local environment.

&quot;It is an understanding and reflection of the curving natural landscape of the Kirra Beach and Coolangatta Creek,&quot; Gatehouse noted in their design statement submitted to the local council.

<a href="/new-apartments/luca-7-douglas-street-coolangatta-qld-4225"><img alt="" height="984" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-01-28_at_12.36.09_pm.png" width="1450" /></a>

They designed the building to capture the northerly aspect towards the coast line.

&quot;Occupants are able to embrace the inside / outside relation synonymous with a modern Queensland lifestyle.&quot;

Balconies and living spaces have been positioned to capture ocean views while maintaining privacy between dwellings and neighbour properties.

<a href="/new-apartments/luca-7-douglas-street-coolangatta-qld-4225">To be the first to be notified when the project hits sales, enquire here.</a>

Native landscaping has been included throughout the building, invoking a connection to the ground floor.&nbsp;

The resident communal area is located on the first level&nbsp;and includes a resort-style pool with day beds, a seating and dining area next to an outdoor kitchen, and a sauna.

<a href="/new-apartments/luca-7-douglas-street-coolangatta-qld-4225"><img alt="" height="746" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-01-28_at_12.36.19_pm.png" width="1544" /></a>

The town planner, DTS, said that high quality architectural form built on the principles of sub-tropical design and carefully selected materials and façade treatments reflective of the Gold Coast vernacular.

Mosaic had a stellar 2021,&nbsp;selling out Dawn at Mermaid Beach, LOrient at Sunshine Beach, The Witton at Indooroopilly and The Kensington at Toowong.

Late last year Mosaic, led by its founder Brook Monahan, lodged plan for a luxury <a href="/news/qld/mosaic-set-for-new-bilinga-beachfront-apartment-development-bianca-by-mosaic">seven level&nbsp;beachfront apartment development in Bilinga</a>, with unrivalled views and direct beach access.

With only two apartments per floor, private entry lobbies and direct physical access to the ocean front, Mosaic are making the most of the unencumbered site edges.

There will be 31 two and three-bedroom apartments across the tower, which architecture firm Gatehouse Architects designed to connect the occupants to the local environment

Exclusive: Mosaic Property Group set for new Coolangatta apartment development

The retail and office components of Sekisui House&rsquo;s $1.1billion masterplanned urban renewal development, West Village, in Brisbane has been sold.

The Singaporean sovereign wealth fund GIC has partnered with fund manager Centuria Capital in spending $202m for five buildings within the mixed-use precinct, 1km south of the Brisbane CBD.

It includes existing properties as well as buildings to be constructed on the former Peter&rsquo;s Ice Cream site.&nbsp;

[smartcode_project:default project_id=106960 project_image_fid=185877]

It includes a retail mall anchored by a Woolworths store, and Brisbane&rsquo;s first Harris Farm Markets.

Centuria head of retail Bruce McCully said the West End area was experiencing &ldquo;a renaissance&rdquo; that would further benefit from improved connectivity once the proposed new green bridges were completed, linking the area with Toowong to the west and St Lucia to the south.

West Village was a flagship project for the Japanese company which on completion will provide 1250 residences across eight &shy;residential buildings, 1900 carparks and 6500 sqm of public open space.

[smartcode_project:default project_id=106960 project_image_fid=185878]

Half the site will be open parkland and green laneways, which Sekisui House Australia managing director Hide Seguchi said accords with its &quot;satoyama design principles, which places enormous importance on generous green spaces around each development.&rdquo;&nbsp;

The first stage, Park &amp; Lexington apartment buildings were launched in 2017, with Arcadia the next residential release.

Sales are proceeding at Altura, a 22-storey apartment tower where more than 70 of the initial 147 apartments on offer sold on the first day on the market last year.

[smartcode_project:default project_id=106960 project_image_fid=170167]

It&#39;s been marketed as having a 99/100 walk score.

[smartcode_project_cta: project_id=106960]

West Village will provide 1250 residences across eight ­residential buildings

jchancellor-FAypfDUnLy

Singaporean sovereign wealth fund invests in Sekisui House’s West Village

&nbsp;

Luxury buyers in Pikos Property Group&#39;s&nbsp;Kangaroo Point apartment development, Skye by Pikos, are doubling up their purchases, amalgamating two adjoining apartments to create super apartments.

Pikos&#39;&nbsp;$200 million Skye apartments has fielded interest from three separate parties to purchase two adjacent, already sizeable, 230 sqm&nbsp;apartments in the luxury development and amalgamate them under one expansive, opulent sky home of almost 450 sqm.

Director of Gap Development Sales, Grant Plummer said it was something they had never anticipated but realised the unique opportunity they had to create something special for buyers.

&ldquo;A common theme for each buyer was that they want the amazing position and view that Skye offers but they don&rsquo;t want to compromise space when moving from the family home.&quot;

[smartcode_project:default project_id=90059 project_image_fid=188830]

&ldquo;Essentially buyers are looking for a way to downsize upkeep without downsizing their lifestyle, and that&rsquo;s where we&rsquo;re seeing this demand for these mega-apartments,&rdquo; he said.

Each of the amalgamated Skye Residences will span&nbsp;372 sqm&nbsp;of internal living area, a further 32 sqm&nbsp;of balconies, and 23 sqm&nbsp;of Skye gardens.

The reconfiguration of the two adjoining apartments allows for larger bedrooms, all with ensuites, a master bedroom that is larger than some two-bedroom apartments, multiple living zones, and the provision of four car spaces designed to accommodate families with adult children.

[smartcode_project:default project_id=90059 project_image_fid=188833]

The mega-apartments sold for $6.5 million each, with the Skye penthouse priced at $10.5 million&nbsp;and the sub penthouse at&nbsp;$8.5 million.

&ldquo;While these are substantial figures, it is still incredible value when compared to the likes of Sydney and Melbourne,&rdquo; Plummer added.

&ldquo;The interstate buyers just can&rsquo;t believe how cheap we are at $13,000 per sqm&nbsp;compared to projects that are launching in Sydney at $45,000 a sqm.&rdquo;

[smartcode_project:default project_id=90059 project_image_fid=188830]

Data from Urbis released earlier this year revealed a price disparity of up to 35 per cent between premium projects in Brisbane and Melbourne and a staggering 258 per cent differential compared to Sydney.

Within days of its first limited pre-release of residences in the first stage of the development it had received more than 600 registrations of interest, prompting the first 23 luxury residences on offer to be snapped up in a $80 million buyer rush.

Set atop the cliffs of Kangaroo Point and taking in unobstructed views across the Brisbane River and skyline, Skye by Pikos brings to life 68 luxury apartments over three towers.

[smartcode_project_cta: project_id=90059]

Director of Gap Development Sales, Grant Plummer said it was something they had never anticipated but realised the unique opportunity they had to create something special for buyers

Buyers amalgamating apartments in Pikos Group's Kangaroo Point apartment development, Skye by Pikos

Ethereal Residences, located in the&nbsp;leafy riverside suburb Indooroopilly, is a brand-new addition to the Brisbane&#39;s&nbsp;affluent western suburbs.

The Swann Road development of just 46 apartments is aimed at the owner occupier, suiting the upsizer, downsizer, and even the first home buyer demographic.

Designed in collaboration between Rothelowman and Carr Design, Ethereal Residence&nbsp;is pitched as lofty and light, and is named ethereal after the way the project&nbsp;appears to float above the lush landscape below.

[smartcode_project:default project_id=109830 project_image_fid=184166]

Urban has had a look at the project in finer detail and highlighted the key five drivers for buyers.

1. Thoughtful interiors

At Ethereal, Carr Design has created serene environments in the project&rsquo;s interior design, detail, scale and proportion.

&ldquo;The material palette that we&rsquo;ve chosen for Ethereal, relate to the colours and the palette that are drawn literally from nature&rdquo;, Carr&rsquo;s Chris McCue said.

[smartcode_project:default project_id=109830 project_image_fid=184948]

No matter which scheme residents choose, the tone and texture connect back to the Brisbane locale,

In the dark scheme, a rich materiality connects to the exterior fa&ccedil;ade and the urban streetscape, while the lighter scheme, through its sandy-coloured texture, alludes to the coastal energy of the Brisbane shoreline.

2. Elevated views

Residents of the Indooroopilly development enjoy elevated views thanks to the amazing opportunity that the topography presents.

All apartments offer expansive views across leafy, vegetated suburban contexts, with views to the north, east, south-east, and south.

[smartcode_project:default project_id=109830 project_image_fid=184950]

Rothelowman architect Duncan Betts notes that residences have generous connections to the outdoors through expansive verandah space.

&ldquo;Most apartments have a 270-degree aspect from their living, dining [and] kitchen, which I think is a unique offering&rdquo;, he said.

3. Green neighbourhood 

&ldquo;When people arrive to Ethereal, they&rsquo;ll feel that it sits beautifully in the landscape; the greenness, the lushness, the established canopies,&rdquo; FORM&#39;s landscape designer Matt Franzmann said.

Ethereal&#39;s landscaping was designed to provide&nbsp;a dense, green neighbourhood feel, with a series of smaller courtyards at ground-level.

&nbsp;

[smartcode_project:default project_id=109830 project_image_fid=184165]

Other green areas include rooftop recreation areas, elevated vegetation and canopy tree-lined spaces.

&ldquo;We want people to be able to have different opportunities to socialise, whether they just want to go up with their [partner] and have a glass of wine, or meet up with a group of friends&rdquo;, Franzmann said.

4. Great location

Situated less than seven kilometres from the Brisbane CBD, Indooroopilly boasts absolute convenience while still preserving a nice, quiet suburban feel.

[smartcode_project:default project_id=109830 project_image_fid=184164]

The dynamic landscape of Indooroopilly is one that is relaxed and comfortable, with the largest demographic recorded as independent youth.

Ethereal is in close proximity to both the University of Queensland and the Queensland University of Technology, as well as a selection of private and secondary schools.

5. Spacious floorplans

With all floorplans featuring at least two bathrooms, and some with an additional study, spacious layouts provide room for the whole family.

Expected to reach completion in late 2023, Ethereal creates meaningful experiences thanks to its bespoke and high-quality interiors and architecture.

[smartcode_project:default project_id=109830 project_image_fid=184949]

&ldquo;People will appreciate the quality and the bespoke, customised approach through the balustrade details, the curvilinear &ndash; almost draped concrete, high-quality brick, interplayed with the nice accents of dark metal&rdquo;, said Betts.

&ldquo;It&rsquo;s an aspirational piece.&rdquo;

[smartcode_project_cta: project_id=109830]

The Swann Road development of just 46 apartments is aimed at the owner occupier, suiting the upsizer, downsizer, and even the first home buyer demographic.

Five reasons Ethereal Residences in Indooroopilly should be on a buyer's shortlist

Following the success of Oceanic Tower, the first tower in the sought-after Marine Quarter precinct in Southport, developer BuildCap has launched apartments in tower two.

To be known as MQII, the Scenic Tower, the building is part of the twin-tower design by WallaceBrice Architecture, set in the Southport Priority Development Area.

The towers sit on&nbsp;the edge of water and parklands at 165 Marine Parade,&nbsp;redefining the Southport stretch of the Broadwater.

As the only approved residential development on the Broadwater Parklands, Marine Quarter is perfectly positioned to deliver the ultimate Southport lifestyle.

[smartcode_project:default project_id=7007 project_image_fid=187491]

It&#39;s a waterfront walk to&nbsp;Australia Fair, and the&nbsp;light rail which runs all the way up to Surfers Paradise.

Each apartment in the Scenic Tower has been designed to take in the surrounding views&nbsp;with floor-to-ceiling glass windows, which allow maximum natural light in to the apartments.

The living spaces open onto&nbsp;deep recessed balconies&nbsp;creating an indoor-outdoor living environment. The modern open-plan layout&nbsp;encourage interaction, while versatile multi-functional spaces adapt to different needs.

[smartcode_project:default project_id=7007 project_image_fid=187506]

Two and three-bedroom apartments&nbsp;start from $575,000, and two extensive sky homes are available on level 30.

Three-bedroom offerings start at level five and are priced from $895,000. They span 134 sqm and each featuring stunning north east aspect and sought after inclusions like twin vanities in the master bedroom&#39;s&nbsp;adjoining ensuite.

Apartments and sky homes are fitted out with a sophisticated interior,&nbsp;featuring stone bench-tops, timber flooring, and high-end finishes throughout.

The kitchens have premium black fittings, European cooking appliances and a dishwasher as standard.

[smartcode_project:default project_id=7007 project_image_fid=187486]

There are a number of resort-style facilities in Scenic Tower.

The rooftop level is home to a pool that encompasses the expansive coastal views, as well as a resident&rsquo;s lounge and alfresco dining space.

[smartcode_project:default project_id=7007 project_image_fid=187484]

At the ground level, there&rsquo;s ample garden spaces, a studio gym, as well as a range of convenient eateries.

Each apartment and sky home features secure car parking and a range of storage options.

[smartcode_project_cta: project_id=7007]

To be known as MQII, the Scenic Tower, the building is part of the twin-tower design by WallaceBrice Architecture, set in the Southport Priority Development Area.


Second tower in Southport's Marine Quarter apartment development launches

Burleigh Heads has been the latest hot-spot for developers, with a number of big names bringing luxury and lifestyle to the coast with a range of modern and boutique apartments.

Recently talks and community discussion have begun for the proposed Gold Coast Light Rail Stage 4 extension, which will see a stop included for Burleigh Heads, further earmarking this spot as a prime living location.

While owner-occupiers have been the keenest buyers over the last 12 months, interstate investors have also been keen, given the&nbsp;8.6 per cent annual growth rate for two-bedroom apartments and&nbsp;12.5 per cent&nbsp;for three-bedroom apartments.

Urban has had a look at the best&nbsp;apartment projects which are currently selling&nbsp;in Burleigh Heads.

<h2>1.Sea</h2>

<h2>Developer: Forme</h2>

<h2>Price: From $3,500,000</h2>

Forme&#39;s new, high-end lifestyle development is a sophisticated edition landing in the sought-after Burleigh Heads beachfront address of 96 The Esplanade.

The apartments are designed by renowned architects Koichi Takada with interiors by award-winning curator Mim Design - the same exclusive collaborators behind Forme&#39;s exclusive Goodwin Terrace project, Norfolk.

[smartcode_project:default project_id=99968 project_image_fid=187419]

Sea comprises half-floor apartments, each spanning 240 sqm and homing&nbsp;three bedrooms, three bathrooms, two car spaces and a panorama of beach, ocean, skyline and headland views.

Full-floor residences are on offer for $8,000,000. Spanning a massive 4852 sqm, these homes are configured to include three ensuited bedrooms, plus a fourth bedroom, a media lounge, a home gymnasium, a walk-in wine display bar, while utilising the remaining space for lifestyle space with a fireplace and butler&#39;s pantry.

[smartcode_project:default project_id=99968 project_image_fid=188291]

The level two&nbsp;wellness podium epitomises Sea&rsquo;s commitment to an elevated level of leisure, lifestyle and luxury to include a pool, sauna, ice baths, gymnasium and pilates studio, bathroom facilities, and an alfresco dining terrace serviced by an integrated barbecue kitchen.

Forme director David Calvisi said Sea translates to a sophisticated statement of inspired design, refined social amenity and considered lifestyle opportunities to become an outstanding destination in its own right.

[smartcode_project:default project_id=99968 project_image_fid=187416]

&ldquo;Sea is the very essence of beachfront living embracing our coastal climate, contemporary comforts and relaxed vibe in an unequivocally refined, intuitive and practical composition for the astute purchaser.&rdquo;

Each considered space is articulated with Sea&rsquo;s trademark curves, honed natural stone and coastal colour palette while equipped with state-of-the-art inclusions.

<h2>2. Glass House</h2>

<h2> Developer: Spyre Group</h2>

<h2>Price: From $12,000,000</h2>

South East Queensland developers,&nbsp;Spyre Group, has recently launched their most boutique project yet.

[smartcode_project:default project_id=104773 project_image_fid=188871]

Having spent around $11 million on 10 Goodwin Terrace last year, the Andrew Malouf-led developer is set to create Glass House, a boutique collection of&nbsp;just three apartments on the near beachfront site. There were initial&nbsp;discussions with the Gold Coast council for a six-level development, but Spyre saw the continued demand for that high-end product.

Designed by bureau^proberts with landscaping from Cusp, 10 Goodwin is set to be crowned by a two level penthouse with its own private rooftop pool.

[smartcode_project:default project_id=104773 project_image_fid=188873]

<h2>3. Sandbar</h2>

<h2>Developer: Morris Property Group</h2>

<h2>Price:&nbsp; From $1,590,000</h2>

The nearly sold-out Sandbar, by Morris Property Group, is a higher density project in the sought-after suburb.

Only three-bedroom apartments remain in the 163-apartment, 26-level&nbsp;project at 1969-1971, Gold Coast Highway.

[smartcode_project:default project_id=7013 project_image_fid=86634]

The two-bedroom apartments had&nbsp;started at $515,000 before selling out.&nbsp;The three-bedroom plus family room apartments with ocean and Burleigh Headland views are available from $1.59 million.

The Sandbar apartments have a contemporary feel and are designed to give residents the fell of living in a beach house. Featuring an entire level dedicated to recreation, Sandbar features&nbsp;a fully equipped gym, yoga deck, residents lounge, covered BBQ area and swimming pool.

[smartcode_project:default project_id=7013 project_image_fid=86641]

With an extensive vista spanning from Coolangatta to Surfers Paradise, Sandbar encompasses breathtaking views of the coast and hinterland.&nbsp;

<h2>4. De-Luxe</h2>

<h2>Developer: Weiya Holdings</h2>

<h2>Price: From $1,422,970</h2>

The Sydney-based Weiya Holdings are transforming the Old Burleigh Theatre,&nbsp;in what will be the first ever adaptive&nbsp;re-use of a building with heritage elements on the Gold Coast.

The Goodwin Terrace development, dubbed&nbsp;DE-LUXE, will see the the 1930s cinema, which closed its doors around 1970s to become the retail and dining Old Burleigh Theatre Arcade, completely transformed.

[smartcode_project:default project_id=102645 project_image_fid=178434]

Weiya are keeping large parts of the building, which is considered a landmark by locals, with the ground level and arcade being retained and restored, and&nbsp;13 levels of apartments built above.

Conrad Gargett Architects, who specialise in heritage restoration, have been called in to handle the design of the development.

[smartcode_project:default project_id=102645 project_image_fid=178435]

Two-bedroom apartments, which had been priced from $1.42 million, have all already been sold.

From levels three to 10 are two-per-floor pavilions, with 300 sqm of living space which start from $3,700,000&nbsp;million. The sub-penthouse skyhomes, on levels 11 and 12, are over 400 sqm and have a $6,900,000 million price tag. The two-level, new York style beach houses start from $5,800,000 and the two-level penthouse, which spans levels 12 to 13, takes up 485 sqm and feature it;s own private lift access and&nbsp;wine cellar, is asking a cool $8,900,000.

Recently talks and community discussion have begun for the proposed Gold Coast Light Rail Stage 4 extension, which will see a stop included for Burleigh Heads, further earmarking this spot as a prime living location

Latest Queensland Property News

Bilinga House apartments snapped up as Greyburn commences construction

Editor's Picks

Developments

New apartments

New townhouses

News

Latest Queensland Property News

Bilinga House apartments snapped up as Greyburn commences construction

Editor's Picks

Receive the latest news stories to your inbox

Developments

New apartments

New townhouses

News