<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;

Joel Robinson

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

<a href="https://www.apartments.com.au/developers/gardner-vaughan-group">Gardner Vaughan Group</a> has officially commenced construction on Bronze on Chevron, celebrating the sod turning of its first-ever Gold Coast development and marking a significant milestone in the company's continued expansion across South East Queensland.&nbsp;

Following the successful delivery of premium residential developments throughout Brisbane and the Sunshine Coast, <a href="https://www.apartments.com.au/new-apartments/bronze-on-chevron-8-mawarra-street-chevron-island-qld-4217">Bronze on Chevron</a> represents Gardner Vaughan Group's entry into the Gold Coast market. Bronze will deliver 119 one, two, three and four-bedroom apartments above two ground-level retail tenancies.

[smartcode_project:default project_id=107520 project_image_fid=367193]

The recent sod turning ceremony was attended by Deputy Mayor Mark Hammel, President of the Surfers Paradise Surf Life Saving Club, Cassandra Sedgman, project consultants, purchasers, project partners and invited guests to celebrate the commencement of construction.&nbsp;

Gardner Vaughan Group Chief Executive Officer Simon Betteridge said Bronze on Chevron represented an exciting new chapter for the business.&nbsp;

"We've spent almost four decades building homes that respond to the way people want to live, and we're excited to bring that experience to <a href="https://www.apartments.com.au/developments/chevron-island-qld-4217">Chevron Island</a>," Betteridge said.

"Bronze on Chevron is particularly significant because it marks Gardner Vaughan Group's first development on the Gold Coast following many successful projects across Brisbane and the Sunshine Coast."

[smartcode_project:default project_id=107520 project_image_fid=367183]

Betteridge said the ground breaking is a proud moment for the&nbsp;team and their purchasers, who can now see their future homes beginning to take shape.&nbsp;

"As both developer and builder, we're able to oversee every aspect of the project from design through to construction, ensuring the quality and attention to detail Gardner Vaughan Group has become renowned for."&nbsp;

Designed by acclaimed architectural practice <a href="https://www.apartments.com.au/architects/cottee-parker-architects">Cottee Parker</a>, Bronze on Chevron has been thoughtfully designed to complement Chevron Island's evolving streetscape while embracing its relaxed coastal lifestyle.

The development will offer generous residences with refined interiors, premium finishes and resort-style amenities, with completion anticipated in early 2029.&nbsp;

[smartcode_project_cta:default project_id=107520]

The development will offer generous residences with refined interiors, premium finishes and resort-style amenities, with completion anticipated in early 2029

Gardner Vaughan Group breaks ground on first Gold Coast development, Bronze on Chevron

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?

After a number of back-to-back sell outs up and down the Gold Coast, Marquee Development Partners has been given the greenlight for their next project.

The luxury tower, dubbed Monterey, on one of the last remaining Kirra beachfront sites at 4-6 Musgrave Street, will have 35 apartments across its 14 levels, with just high-end three and four-bedrooms on offer.

It&#39;s been designed by the Brisbane-based Ellivo Architects, and will replace an ageing apartment block of 15 which has been on the 1,163 sqm&nbsp;site for over five decades.

It will be Marquee&#39;s 10th project on the Gold Coast in the last four years.

[smartcode_project:default project_id=112210 project_image_fid=198836]

Most recently Marquee secured sell-outs at SOL Kirra Beach, Palm Beach Residences and Northshore, both&nbsp;at Palm Beach, and Cannes Waterfront, One Cannes and Shoreline, all three located between Broadbeach and&nbsp;Surfers Paradise.

Marquee has spent the past two years amalgamating the Kirra site through individual negotiations with 15 apartment owners.

&ldquo;We believe this is the best site available in Kirra today,&rdquo;&nbsp;Marquee Development Partners&rsquo; sales manager Azura Griffen&nbsp;said.

&ldquo;No other remaining site offers this much beach frontage, so it&rsquo;s quite unique and well worth the significant effort from our end to acquire the property.&rdquo;

The site is located along the Kirra beachfront and has around&nbsp;45 metres of north-facing beach frontage, with an aspect that captures vistas of the Gold Coast coastline from north to south.

[smartcode_project:default project_id=112210 project_image_fid=198839]

&ldquo;With all apartments enjoying a north-facing aspect, residents will enjoy vistas that capture sunrises over Snapper Rocks and sunsets behind the Gold Coast skyline,&rdquo; Griffin added.

&ldquo;The extra-wide frontage has allowed us to design every apartment with kitchens, living spaces and master bedrooms all facing the beach, providing a deep connection between the interiors and the stunning panoramas that surround.

&ldquo;All this with the natural beauty of Kirra Beach and its world-class surf breaks at your door. Kirra today offers even more with an emerging caf&eacute;, restaurant and entertainment scene that has made this southern Gold Coast gem one of the most sought-after lifestyle destinations for residential buyers over the past 12 months.&rdquo;

Marquee has already started receiving a number of expressions of interest from potential buyers ahead of the official launch of Monterey Kirra Beach in April.

&ldquo;Buyers have been closely monitoring our progress with this project, several of which are familiar with the high quality marquee developments and how quickly they have been selling out.

&ldquo;Monterey is an exceptional site and we&rsquo;ve crafted an equally exceptional development to do it justice, and the market is responding well to our vision.&rdquo;

[smartcode_project_cta: project_id=112210]

Marquee has spent the past two years amalgamating the Kirra site through individual negotiations with 15 apartment owners

Marquee Development Partners secure approval for Kirra Beach apartment development, Monterey

The Brisbane developer Seymour Group is planning a high-end tower in the exclusive riverside suburb of New Farm.

Seymour Group, founded by rich lister Kevin Seymour, has submitted plans for a boutique six-level apartment development at 39 Griffith Street, a site bought at auction for $7.75 million in 2019. It was a record for the area at the time.

There will be just five apartments, including a double-storey penthouse in the building designed by Bureau^proberts, who note in their design statement to the Brisbane City Council that they seek to create an exemplary design outcome with residential amenity at the forefront of the design.

“The development maximises key views in and around the development, leveraging off its position adjoining the Brisbane River," the statement read.

"The proposal orientates balconies and habitable living spaces towards the Brisbane River to maximise outlook for residents.

<a href="/new-apartments/39-griffith-street-new-farm"><img alt="" data-entity-type="" data-entity-uuid="" height="1016" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-03-09_at_9.27.44_am.png" width="1984" /></a>

"The primary materials are complimented by details of a finer scale to create rhythm and visual interest, including varied window forms, distinctive curved features, screening elements and layered landscaping."

Comprising of one three-bedroom apartment and four four-bedroom apartments, the development will maximise views, leveraging off its position adjoining the Brisbane River.

Balconies and living spaces have been orientated toward the river, encouraging the use of the outdoor spaces and following the principles of the New World City Design Guide: Buildings that Breathe.

“The primary materials are complimented by details of a finer scale to create rhythm and visual interest, including varied window forms, distinctive curved features, screening elements and layered landscaping.”

<a href="/new-apartments/39-griffith-street-new-farm"><img alt="" data-entity-type="" data-entity-uuid="" height="622" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-03-09_at_9.26.25_am.png" width="712" /></a>

The large sweeping form of the build has been designed to echo the organic movement of the Brisbane River, while the double-story penthouse, riverfront pool deck and glass-edge pool heighten the sense of luxury within.

Vertical living greenery has been planted throughout to soften the visual aspect of the build, which presents as five-storeys from the street, staying consistent with neighbouring developments.

The site is within proximity to major developments, expansive open space, social infrastructure and public transport facilities, including Sydney St Ferry Terminal, the New Farm River Walk and Merthyr Park. Construction on the development began in December 2021 and is expected to be completed in mid-2023.

Seymour Group, founded by rich lister Kevin Seymour has submitted plans for a boutique six-level apartment development at 39 Griffith Street, a site bought at auction for $7.75 million in 2019.

Seymour Group to create luxury New Farm apartment development

The international property developer, Changfa. has lodged plans for its next Gold Coast apartment development.

Changfa, who has created the Hope Island townhouse development Lyra, is headed to Palm Beach, submitting plans for a 21-level tower at 1134 Gold Coast Highway, on the corner of Palm Beach Avenue and a few streets back from the beach.

The building, designed by Plus Architecture, will have 113 apartments, a mix of one, two and three-bedroom units.&nbsp;

<a href="/new-apartments/1134-gold-coast-highway-palm-beach-qld-4221">To be notified when the project reaches sales, enquire here.</a>

<a href="/new-apartments/1134-gold-coast-highway-palm-beach-qld-4221"><img alt="" height="904" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-03-08_at_10.06.35_am.png" width="652" /></a>

There will be 15 one-beds, with 61 sqm of internal space and 11 sqm of balconies, 62 two-beds, around half with multi-purpose rooms. They range from 101 sqm internal to 114 sqm internal, with outdoor space from 16 sqm to 23 sqm.

The largest apartments on offer, the three-beds, have 135 sqm of internal space and 23 sqm external.&nbsp;

There are just two sub-penthouses on level 19, and two penthouses on level 20, each with 328 sqm of space and 110 terraces. The penthouses have exclusive access to their own private roof terraces with their own plunge pools, outdoor kitchens and fire pit area.

<a href="/new-apartments/1134-gold-coast-highway-palm-beach-qld-4221">To be notified when the project reaches sales, enquire here.</a>

There&#39;s over 637 sqm of amenity on the level two podium, including a pool with wet deck and a pool terrace, a gym, day beds, yoga deck and a sauna and a steam room.

<a href="/new-apartments/1134-gold-coast-highway-palm-beach-qld-4221"><img alt="" height="870" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-03-08_at_10.07.09_am.png" width="1570" /></a>

There will also be&nbsp;a residents lounge on level three as well as work from home spaces, including a number of meeting rooms and desk booths.

The first level of the podium will have three commercial tenancies, and the ground floor a further two.

<a href="/new-apartments/1134-gold-coast-highway-palm-beach-qld-4221">To be notified when the project reaches sales, enquire here.</a>

<a href="/new-apartments/1134-gold-coast-highway-palm-beach-qld-4221"><img alt="" height="854" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-03-08_at_10.06.48_am.png" width="1568" /></a>

The town planning report by Zone Planning Group noted that the development&nbsp;includes the Short-Term Accommodation land use to provide the unit owners greater flexibility in the future use of each apartment.

Currently there&#39;s&nbsp;a two-level older commercial building on&nbsp;the 1,643 sqm site. It sits in the mixed-use area of Palm Beach. The height of the tower will see it capture ocean views, given buildings to the east of the Gold Coast Highway have an eight-level development limit.

&quot;The proposal delivers a high-quality design outcome with deep recesses and projections and high quality materials to break up the extent of building mass and positively respond to the surrounding locality,&quot; the report noted.

Across the road, at 6 Palm Avenue, there&#39;s approval for an eight-level project.

<a href="/new-apartments/1134-gold-coast-highway-palm-beach-qld-4221">To be notified when the project reaches sales, enquire here</a>

The building, designed by Plus Architecture, will have 113 apartments, a mix of one, two and three-bedroom units

Changfa lodge Palm Beach apartment plans

Following recent development approval, Plus Architecture will continue its domination of the Gold Coast&rsquo;s prime property locations with Esplanade on Palm Beach.

Possessing a beachfront location in north Palm Beach, Plus Architecture&rsquo;s latest project, in collaboration with Pask, is a boutique collection of 16 residences on the sand of the Esplanade.&nbsp;

Plus Architecture Director Danny Juric spoke on the design aesthetic of Esplanade, which utilises natural materials to complement the unrivalled beach views, rather than detract from them.

[smartcode_project:default project_id=107137 project_image_fid=182225]

&ldquo;Located on a secluded avenue along the beach, the soft repetitive rhythm of the eastern fa&ccedil;ade captures the essence of the ocean, accentuating the primary axis of the site and encompassing coastal living at its most sophisticated,&rdquo; Juric said.

&ldquo;Here, masterful architecture together with elegant interiors deliver a considered luxury residential offering of pristine beaches, tranquil parklands and a bursting cosmopolitan lifestyle scene, something many could only dream of. It is modern living at its most inspired,&rdquo; he said.

[smartcode_project:default project_id=107137 project_image_fid=182233]

Esplanade&rsquo;s interiors are an expression of coastal sophistication, underpinned by a warm palette of finishes set against an iconic ocean backdrop. Framed by panoramic views of the ocean and headland, the open-plan living area is a celebration of coastal luxury and timeless style, with residences opening to expansive terraces, connecting the indoor and the outdoor.

With spacious apartments starting from 220 sqm up to 446 sqm, Esplanade will provide occupants with shared recreational areas to enjoy such as a gym, pool and barbeque and dining areas. Featuring an elusive collection of communal amenities, ground-floor recreation spaces combine with dining facilities and generous storage &ndash; cultivating a resort-style living experience and a strong sense of community.

[smartcode_project:default project_id=107137 project_image_fid=182228]

Esplanade will be the next project to follow in the footsteps of other Plus-designed sell out developments in prime Gold Coast locations such as Luna Burleigh, One Cannes at Surfers Paradise and Del Ray at Kirra Beach.

Construction is underway with expected completion in early 2023.

[smartcode_project_cta: project_id=107137]

Plus Architecture Director Danny Juric spoke on the design aesthetic of Esplanade, which utilises natural materials to complement the unrivalled beach views, rather than detract from them.

How Plus Architecture designed Pask's The Esplanade, Palm Beach apartments

Coolangatta&#39;s busy beachfront&nbsp;is set for another apartment development.&nbsp;

It&#39;s a second Coolangatta project filed by John Kearney, Managing Director at the construction firm Greyburn and a director at Alvey. He&#39;s&nbsp;submitted plans for an eight-level development&nbsp;at 30 Garrick Street, on the corner of Garrick and the dress circle Musgrave Street.

There will be just 40 apartments, all two-bedders,&nbsp;with five different configurations on offer. One of the two-bed configurations also has a study.&nbsp;

BDA Architecture, who handled the design, noted in their submission to the Gold Coast City Council that the&nbsp;40 units will service a wide sector of the market from downsizers wishing to stay within proximity to their existing detached dwellings to young couples seeking proximity to the beach and employment.

Internal areas of the apartments will range from 82 sqm to 100 sqm, with the total area&#39;s including balconies ranging from 91 sqm to 113 sqm.

<a href="/new-apartments/rhythm-kirra-hill-30-garrick-street-coolangatta-qld-4225"><img alt="" height="856" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-03-03_at_9.01.04_am.png" width="1212" /></a>

Level eight will home the rooftop amenity, with a swimming pool and communal barbecue area.

BDA said the&nbsp;proposed architecture is a contemporary coastal and local vernacular.

&quot;It will offer a layered façade of brick, screening, projections and landscaping that will knit locality together.&quot;

There will be just five apartments per floor.

&quot;An exceptionally located site that provides a unique setting for a medium density residential complex to be set within close proximity to the significant amenity of the Coolangatta centre and the recreational amenity afforded to the Coolangatta beaches,&quot; BDA continued.

<a href="/new-apartments/rhythm-kirra-hill-30-garrick-street-coolangatta-qld-4225"><img alt="" height="858" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-03-03_at_9.01.17_am.png" width="1210" /></a>

BDA said the proposal &quot;knits Garrick and Musgrave Street.&quot;

&quot;The proposal will assist in negotiating a sensitive transition from the centre zone uses and scale of Musgrave Street to the residential spaces of Garrick Street.&quot;

&quot;The concept is to provide a variety of two-bedroom dwellings that mix between smaller affordable floor plans and larger spacious lifestyle layouts.&quot;

In December Greyburn lodged their first Coolangatta project&nbsp;at 39-41 McLean Street, which again will provide&nbsp;more affordable stock than what&#39;s currently on offer in the area.

<a href="/new-apartments/39-41-mclean-street-coolangatta"><img alt="" height="735" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/39_mclean_street_coolangatta_2_0.jpg" width="1200" /></a>

Also designed by BDA Architecture, the&nbsp;19-level building will have&nbsp;63 apartments, made up of 28 two-beds, starting from 85 sqm of internal space, and 35 three-bedroom apartments which start from 110 sqm.

It sits next door to the old Jazzland Dance Palais which Melbourne developer&nbsp;BeckDev are seeking to turn in to apartments.

Crowning the new McLean Street project will be a rooftop pool, gym, lounge and kitchen area, and indoor and outdoor dining spaces. The development will be anchored at street-level by a cafe.

BDA Architecture noted the 40 units will service a wide sector of the market from downsizers wishing to stay within proximity to their existing detached dwellings to young couples seeking proximity to the beach and employment



Greyburn files for second Coolangatta apartment project

When leading Brisbane-based residential developers, Rob and Andrew Gray of Graya, first laid their eyes on the potential New Farm site of their first multi-residential development, they knew they were onto something special.

Securing the perfect multi-residential site in New Farm, arguably Brisbane&rsquo;s best lifestyle suburb, proved to be challenging from the outset, with Graya taking more than two years to select the site after considering a number of other options.

&ldquo;We knew finding a site that fit the criteria we needed wasn&rsquo;t going to be easy, but given our buyer demographic, we had a fairly tight brief on what we needed from it&ndash;with river and city views being at the top of our list&rdquo; Andrew said .

&quot;With its proximity to Brisbane city, and major lifestyle precincts including James Street, Teneriffe, and Howard Smith Wharves, property and real estate in the area is hard to come by and tightly held&rdquo;.

Once the site at 60 Moray Street had been secured,&nbsp;both Rob and Andrew knew they had a site that would allow them to do something new, innovative, and ultimately iconic.

<img alt="" height="794" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-03-03_at_9.12.01_am.png" width="1186" />

With its grand corner frontage, the design potential of the site was unlimited, and there was an opportunity to execute something that was design-driven and not commercially driven like many other developments in the area.

&quot;Being our first multi-residential development, I wanted this development to be design-led and reinvigorate the tired streetscape of Moray Street currently littered with run-of-the-mill brick unit developments,&quot; Rob said.

&quot;We also wanted to offer something unique to the suburb too, full-floor sky homes rather than jam packing as many units as we could in.&quot;

<img alt="" height="781" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-03-03_at_9.11.51_am.png" width="1176" />

The concept of Maison was born, and a brief was conceived to deliver something completely innovative to the suburb, some of the main design elements encompassing soft curves, plank form concrete and a major focus on landscaping.

&ldquo;The core focus of Maison was the environment and adding a living, breathing piece of architecture that added significant aesthetic value to the New Farm streetscape,&quot; Rob added.

&quot;Yes, Maison had to offer residents unrivalled luxury internally, but it also had to give back to the suburb in terms of its presence.&quot;

Rob and Andrew&rsquo;s vision for Maison is evident just by looking at the stunning photos taken of the project.

The brutal aesthetic of the surrounding buildings is instantly softened by Maison&rsquo;s bespoke curved planter boxes which were a first of its kind for this project. The level of detail (and commitment to the project brief) is evident when looking closely at the planter boxes with their &lsquo;wood form&rsquo; look further elevating Maison&rsquo;s fa&ccedil;ade.

<img alt="" height="1062" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-03-03_at_2.07.42_pm.png" width="1242" />

Unlike other projects in the area, significant time and effort were invested in the &#39;luscious&#39; landscape design of Maison. Given it was a key design feature of the development, and a major selling point, Graya ensured the long-term viability of the landscaping by selecting a range of drought-tolerant plants as well as implementing a grey-water reticulation system to minimise the water usage of the building-another major sustainability point of the project.

&quot;Maintaining a green building can be challenging and costly if not implemented correctly. We&#39;ve spent time in designing a system that is viable for the long-term, but also does not compromise on the aesthetic of the building design inside and out&quot;, Andrew said.

One of the most eye-catching elements of this project is the juxtaposition it creates between old and new architecture and just how far Brisbane has come along in terms of building design.

This commitment to design excellence is a consistent theme-with each of the beautifully appointed luxury sky homes featuring carefully curated, and high-end, fittings and fixtures as you&#39;d expect with a development of this calibre. Residents also have access to a fully-functional rooftop community area and pool which enjoys commanding city and river views.

<img alt="" height="778" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-03-03_at_9.11.31_am.png" width="1162" />

Maison is evidence that multi-residential buildings do not have to conform to the normal standard, that not all of a project&#39;s budget has to go into the internal fit-out. Sometimes, investing time and effort into the facade of a building is worth the reward in terms of its impact on elevating the streetscape of a suburb.&quot;

At Graya, we&#39;re not interested in knocking out run-of-the-mill developments with a pure focus on cramming as many units in as possible. We want to deliver iconic architecture projects that elevate our city-that contribute to the community in terms of their aesthetic.

We feel there is a gap in this high-end multi-residential market, and we&#39;re looking forward to executing more design-led owner occupied projects in the years to come&quot;, Rob said.

Graya has a range of upcoming multi-residential developments coming up, including the 21-unit development Canvas Bulimba, and another two projects, York, and Blook, in New Farm.

When Rob and Andrew Gray first laid their eyes on the potential New Farm site of their first multi-residential development, they knew they were onto something special.

How GRAYA created Maison, their luxury New Farm apartment development

Azure Development has smashed the inner-Brisbane apartment price record, selling their sprawling New Farm penthouse atop One Five Six Oxlade Drive for $11 million.

A local Brisbane family secured the 1,025 sqm space crowning the luxury apartment project of just 10 apartments, arguably one of the best, and last, riverfront-facing residential properties.

The penthouse, complete with own rooftop terrace with swimming pool, has four bedrooms, five bathrooms, a seven car garage, terrace gardens, and a self-contained basement with a wine cellar.

<a href="/buildings/one-five-six-156-oxlade-drive-new-farm"><img alt="" data-entity-type="" data-entity-uuid="" height="788" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-03-03_at_9.14.48_am.png" width="1477" /></a> 
The luxury rooftop pool with sweeping views. Image supplied

Trent Keirnan, Director of Azure Development, attributes the record outcome to a growing sector of discerning buyers seeking space and quality.

“Enquiries have doubled in the last 18 months for supersized residences. The depth of buyers in this market is a by-product of an expanding demographic of clients willing to invest significant capital into these mansions in the sky,” Keirnan said.

“The market is accommodating demand from an increased surge in the property prices above $5 million and Brisbane has benefitted significantly in the post Covid adjustment of mid-2020.

[smartcode_project:default project_id=95611 project_image_fid=180226]

“We’re seeing more and more families leave the suburban streets behind for large inner-city sky homes, which provide the same spacious floor plans as the average Queensland home with added luxe amenities.

“Developers and architects are recognising the importance of increased floor plans, designing true homes in the sky that can accommodate for growing families, providing generous open-plan living spaces that present a contemporary and modern way of living

Place Kangaroo Point agent Simon Caulfield said he fielded a number of offers for the apartment.

<a href="/buildings/one-five-six-156-oxlade-drive-new-farm"><img alt="" data-entity-type="" data-entity-uuid="" height="773" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-03-03_at_9.15.01_am.png" width="1280" /></a> 
The marble island bench by Conrad Architecture. Image supplied

“We received multiple competitive offers from local families wanting an unrivalled experience with no compromise, which inevitably pushed the price to its record high,” Caulfield said.

Construction on the development commenced in December 2021, with construction completion anticipated for mid-2023.

A local Brisbane family secured the 1,025 sqm space crowning the luxury apartment project of just 10 apartments


Azure Development grab $11 million penthouse record at One Five Six Oxlade Drive, New Farm

A collection of exclusive half-floor and full-floor apartments will rise from the picturesque beachfront address of 96 The Esplanade, delivered by innovative developer Forme and meticulously designed by internationally acclaimed architect Koichi Takada, and award-winning interior design firm Mim Design.&nbsp;

Take a look at our recent video tour:

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="415" src="https://www.youtube.com/embed/zIPhti0QIqw" title="YouTube video player" width="660"></iframe>

<h2>SEA AT A GLANCE</h2>

Address:&nbsp;96 The Esplanade, Burleigh Heads QLD 4220 
Developer:&nbsp;Forme 
Architect:&nbsp;Koichi Takada Architects

[smartcode_project:default project_id=99968 project_image_fid=187435]

Forme, are an innovative development company with a sound reputation underpinned by experience, having already completed two of the fastest-selling developments in Burleigh Heads - Norfolk and Luna.&nbsp;

Sea's organic form is inspired by the ripples of the ocean's surface, with the foyer presenting smooth curves and a soaring cylindrical void adding a sense of hotel-style opulence. Pastel hues of green and blue complement foundation tones of alabaster, ecru and oyster grey, taking expressive cues from the beachfront landscape.

[smartcode_project:default project_id=99968 project_image_fid=188074]

Each residence is positioned to capture summer sunrises, maximise natural light, and showcase sweeping vistas of the foreshore parklands and pristine beachfront.&nbsp;

Considered layouts and curated spaces blur boundaries between inside and out as open living spaces interact seamlessly with exclusive oceanfront balconies.&nbsp;

Culinary spaces feature state-of-the-art V-Zug appliances, honed natural stone surfaces, custom VJ panelled joinery, and an integrated wine bar.&nbsp;

[smartcode_project:default project_id=99968 project_image_fid=187426]

Sea's commitment to elevated luxury extends to a full suite of exclusive in-house amenities including a gym, pool, ice baths and sauna.

Minutes from Sea is a range of eclectic boutiques, renowned cafes, relaxed rooftop bars, and renowned oceanfront dining venues.&nbsp;

The coastline connects with the lush rainforest of Burleigh Heads National Park with plenty of hiking trails to explore.

Enquire via Urban to learn more about securing a residence at Sea, Burleigh Heads.

[smartcode_project_cta: project_id=99968]

Olivia Round

Apartment Spotlight Video: Sea by Forme at 96 The Esplanade, Burleigh Heads

The Brisbane unit market was the best performing across every capital of February, according to CoreLogic&#39;s&nbsp;Monthly Hedonic Home Value Index.

Values jumped 1.5%, following the 1.4%&nbsp;gains over January. Values are now 2.9% up over 2022 already, well on their way to matching the 14.4% growth over 2021,&nbsp;

The quarterly performance, up 4.5%, is the highest in the country for the unit market.

[smartcode_project:default project_id=27815 project_image_fid=185118]

The median apartment value in Brisbane is now $468,393. At the start of 2021, it was just over $390,000.

Recent figures from PRD Research suggest price growth will continue. PRD calculate the&nbsp;the inner median unit price sits at $530,000. The middle is $467,000. The outer median sits at $397,000.

[smartcode_project:default project_id=102309 project_image_fid=163977]

&quot;The outer-ring provides affordability for first home buyers and is also the fastest growing,&quot; the report noted.

&quot;Buyers must be quick to secure their property.&quot;

&quot;There is a revival in the unit market after a period of price discounting in mid-2020.&quot;

Mosaic Property Founder and Managing Director Brook Monahan recently told Urban that he believes Brisbane apartment market has the most potential for growth in Queensland.

[smartcode_project:default project_id=107030 project_image_fid=172480]

&quot;There&#39;s just not enough high quality built form for owner occupiers wanting bigger units, and world class amenity, in the five kilometre ring around Brisbane,&quot; Monahan said, suggesting there&#39;s been a chronic undersupply for that type of buyer&nbsp;since around 2018.

&quot;That issue is getting worse, not better, with the amount of people still moving to Brisbane,&quot; Monahan added.

The quarterly performance, up 4.5%, is the highest in the country for the unit market

What happened to Brisbane apartment values over February?

Infinity, the Bassar Construction Group-developed apartment tower in the heart of Broadbeach, is the&nbsp;latest luxury project to sell out in the booming Gold Coast suburb.

The 62-apartment project at 33 Surf Parade was Bassar&#39;s first on the Gold Coast, having previously developed across New South Wales, Melbourne and Canberra.

There&#39;s been an immediate success for buyers, nearly a year before construction is estimated to conclude.

Leo Sarris, who heads up Bassar alongside Simon Bassil, said the project had held its own despite the many challenges thrown at them over the past two years.

[smartcode_project:default project_id=9748 project_image_fid=191772]

&quot;We faced unprecedented challenges when COVID first hit, but once the market understood that we were committed to building Infinity they supported us,&quot; Sarris said.

The majority of sales happened within the first six months of COVID when the world was locking down buy we stayed the course, there was no turning back for us,&quot; Sarris added.

Kollosche New Projects agent Andrew Ramsey, who secured the final sale, a $4,478,000, full-floor apartment to a Melbourne-buyer, said buyer success has been immediate.

&quot;The people who took advantage of Infinity early have done extremely&nbsp;well,&quot; Ramsey said.

[smartcode_project:default project_id=9748 project_image_fid=191773]

&quot;The value&nbsp;of those apartments has increased considerably - up to 40 per cent - but none are willing to sell because there isn&#39;t anything comparable to buy.

&quot;Even if you could find it, you&#39;d be waiting another two years for newer projects coming to market to reach this stage.&quot;

Hutchinson Builders are currently constructing the 39-level,&nbsp;residential-only building, complete with a 20-metre pool, gymnasium, function room and cafe.

Designed by Gold Coast architects BDA Group, Infinity sits within a short walk of the beach, the Star Casino, Pacific Fair Shopping Centre and Broadbeach Light Rail station.

The 62-apartment project at 33 Surf Parade was Bassar's first on the Gold Coast, having previously developed across New South Wales, Melbourne and Canberra.

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