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.

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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.

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Joel Robinson

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

Australia’s housing debate has rarely been more urgent. The National Housing Supply and Affordability Council forecasts the country could fall around 262,000 homes short of housing needs by 2029, underscoring the scale of the challenge facing planners, governments and developers.

In response, much of the conversation has centred on high-density towers around transport corridors and strategic centres.

Diversified developer Coronation Property, while also focused on well-located, strategic sites, is incorporating an arguably underutilised typology, the terrace.

Difficult to integrate into true high-rise developments, terraces have become a defining feature of Coronation’s lower-rise portfolio, including projects in Ashbury and Erskineville. <a href="https://www.apartments.com.au/buildings/ashbury-terraces-165-171-milton-street-ashbury-nsw-2193">Ashbury Terraces</a> places a stronger emphasis on this housing type, forming part of a broader community mix.

At its Erskineville development, <a href="https://www.apartments.com.au/new-apartments/lillian-erskineville-9-metters-street-erskineville-nsw-2043">Lillian</a>, terraces are more limited, with just a handful&nbsp;included within the wider, predominantly apartment-led precinct, one of the first developments to launch in Erskineville in several years.

[smartcode_project:default project_id=135149 project_image_fid=368392]

Terrace residents at Lillian benefit from many of the same advantages as apartment owners, the lock-up-and-leave lifestyle and access to shared amenities like the rooftop wellness space, but with significantly more space.

Spanning multiple levels, the terraces also feature front and rear courtyards, providing direct access to the central landscaped gardens within the precinct.

<h3 data-end="212" data-section-id="1n97jye" data-start="191">The terrace model</h3>

Terrace housing has long been part of Australia’s urban fabric. From Paddington and Surry Hills to Glebe and Annandale, rows of terrace homes have shaped neighbourhood streets, offering a housing form that sits between detached houses and apartments.

The contemporary terrace, however, addresses many of the limitations of older designs, where narrow staircases and constrained layouts often compromised liveability.

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“Terraces represent one of the city’s most intelligent housing models,” says Joe Nahas, Managing Director of Coronation Property.

“They deliver density without losing the human scale that makes neighbourhoods liveable. In many ways, they provide a bridge between the Sydney we know and the Sydney we need to build. If Sydney is going to grow well, it can’t rely on towers alone.”

<hr data-end="1090" data-start="1087" />
<h3 data-end="1124" data-section-id="1a7l0gw" data-start="1092">The evolution of the terrace</h3>

That thinking has shaped Coronation’s approach at Ashbury Terraces, where the terrace typology has been reinterpreted for modern living.

Designed by SJB, the project recently received recognition at the 2026 Better Future World Design Awards, acknowledging its architectural clarity and response to the surrounding suburban context.

SJB Director Adam Haddow says the intent was to evolve a familiar housing form rather than reinvent it.

“The terrace is one of Sydney’s most familiar housing forms, so our approach at Ashbury was to reinterpret that typology in a contemporary way,” Haddow says.

“The homes are designed to sit comfortably within the existing neighbourhood while introducing more light, landscape and shared spaces that support modern living.”

Ashbury Terraces combines terraces, apartments and penthouses across a series of low-rise buildings, integrating contemporary architecture with landscaped communal spaces and resident amenity.

That same typology is now being carried into Coronation’s Lillian development in Erskineville, where a smaller number of terraces sit within a predominantly apartment-led precinct.

<hr data-end="2269" data-start="2266" />
<h3 data-end="2289" data-section-id="cazuws" data-start="2271">Buyer response</h3>

Coronation’s decision to include terraces at Lillian was informed by strong buyer feedback from Ashbury Terraces, where purchasers were drawn to the flexibility and scale the housing type offers.

One resident, Sweta Pursem, purchased a terrace as a single buyer, citing its long-term versatility.

“As a single buyer, it might seem surprising that I chose a terrace over an apartment, but I was thinking long term,” Pursem says.

“The terraces are incredibly versatile, catering to a range of lifestyles while still offering the space and privacy of a house.”

For Pursem, the multi-level layout provides a level of functionality not typically found in apartment living.

“Having a separate living area from the bedroom and home office makes everyday living feel both functional and comfortable. When friends and family come to visit, the layout gives a sense of privacy while still feeling open and spacious.”

Her terrace also supports a more connected, lifestyle-driven way of living.

“I love entertaining, and the courtyard is ideal for relaxed weekend drinks with friends. I tend to use each level differently throughout the day, it creates a natural rhythm between work, downtime and entertaining, which I didn’t have in apartment living.”

Ashbury Terraces is now complete and ready to move in, while Lillian in Erskineville is under construction and expected to welcome residents in mid-2027.

Coronation champions terraces as a key piece of Sydney’s housing mix

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?

Chevron One, one of the newest towers planned for Chevron Island on the Gold Coast, offers a number of floorplans and interior design options for residents among the 236 one, two, three and four-bedroom apartments.

Delivered by Bensons Property Group and rising 41&nbsp;levels, the stylish high-rise features an organic sculptural form and rotating geometry that maximises the views.

Designed by Marchese Partners, Chevron One is also home to nearly 2000 sqm of resort-style amenities, including a residents&rsquo; lounge, floating cinema, dining facilities and sculpted garden.

[smartcode_project:default project_id=6515 project_image_fid=68834]

The high-end project boasts interiors with high-quality finishes, open plan living spaces and an abundance of natural light that showcases the wide engineered timber floorboards.

Floor Plan options still available for purchase:

<a href="/new-apartments/chevron-one-36-46-stanhill-drive-chevron-island"><img alt="" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/chevron_-_2_bed.jpg" /></a>

<ul>
	<li>Two Bed, two bath, two parking spaces, 132 sqm - Priced from $1,016,500 (pictured above)</li>
	<li>Three bed, two bath, two parking spaces, 153 sqm - Price from $1,385,000</li>
	<li>Four bed, two bath, two parking spaces, 236 sqm - Priced from $3,325,000 (pictured below)</li>
</ul>

<a href="/new-apartments/chevron-one-36-46-stanhill-drive-chevron-island"><img alt="" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/chevron_-_4_bed.jpg" /></a>

The kitchens are designed by the head chef of Vue De Mone, Shannon Bennett. Bennett has designed apartment kitchen&#39;s before, having designed the futuristic kitchen in the penthouse of the Sapphire by the Gardens penthouse in Melbourne. That has its own meat ageing cabinet and its own herb garden

The Chevron One kitchen&rsquo;s will be fitted with Miele appliances, engineered stone, modern tapware and feature accents that blend with the apartment&rsquo;s design scheme.

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The large bedrooms come with neutral walls and plush wool-blend carpets, as well as textured wood-grain cabinetry. There is also ducted air conditioning to provide optimal heating and cooling all year round.

Bathrooms are designed to feature semi-frameless glass, wall-mounted vanities and sleek cabinetry illuminated by ambient lighting.

[smartcode_project_cta: project_id=6515]

The high-end project boasts interiors with high-quality finishes, open plan living spaces and an abundance of natural light that showcases the wide engineered timber floorboards.

jordan_55689

Inside the quick-selling Chevron One apartments on Chevron Island in Surfers Paradise

The Brisbane billionaire John Van Lieshout has paid $5.7 million for a Newstead apartment development site.

The 1821sq m site at 14 Maud Street has approval for a nine storey residential tower with 52 apartments.&nbsp;

It will be integrated with the old Federal Boot Factory on its heritage 1012 sqm lot, with the retention and adaptive reuse of the Goldsworthy and Perkins Boot Factory heritage building into ground floor retail.

Known as Federal Residences, the development was designed by Joe Adsett Architects.

<img alt="" height="662" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/federal_2.jpg" width="1200" /> 
The plans for Federal Residences. Source: Joe Adsett Architecture

The development approval was for an upmarket boutique 2 and 3 bedroom residential apartments in a precinct popular with both young professional and downsizer markets.

The split was aroound 30 &times; two (2) bedroom apartments and 22 &times; three (3) bedroom apartments.

The application sought 89 car spaces &ndash; 79 resident spaces and 10 residential visitor spaces in four basement levels

There was bicycle parking for 77 bicycle spaces.

The application sought a residents&#39; rooftop recreation deck with a pool, lounge area, outdoor dining, lawn area, cinema projection wall and decked auditorium seating.

&quot;It was an excellent opportunity to capitalise on a market with diminishing forecast unit supply and located in one of Brisbane&#39;s most exciting precincts underpinned by strong fundamentals and demographics,&quot; the marketing advised.

<img alt="" height="846" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/federal_3.jpg" width="1200" /> 
The plans for Federal Residences. Source: Joe Adsett Architecture

The Ray White marketing campaign generated 70 buyer inquiries from local and interstate developers and investors.

The site was previously sold for $4.18 million in July 2017 by Aspire HP which then secured the development approval.

It had been tightly held having sold at $135,000 in 1981.

Currently in the market in Newstead is Bide, the luxury owner-occupier development from Dibcorp.

[smartcode_project:default project_id=102309 project_image_fid=163982]

The Newstead residential development site has approval for a nine storey residential tower

jchancellor-FAypfDUnLy

John Van Lieshout buys Newstead Federal Boot Factory apartment development site

A high density residential development site in Brisbane’s south has been listed for sale.

The 4,738sq m parcel comes with a price guide in excess of $10 million.

Offers close September 8.

It is situated around 500 metres from Queensland’s third largest shopping centre, Westfield Garden City, around 14 kilometres from the Brisbane CBD.

The marketing campaign will target local and interstate developers looking to take advantage of Brisbane’s net migration.

“Large-scale development sites in this prime location rarely become available to the market given properties are tightly held within the Upper Mount Gravatt region,” Christian Sandstrom of Knight Frank said.

The properties are owned by multiple owners, consisting of eight separate lots.

“Under the local Upper Mount Gravatt Corridor plan the amalgamated site is zoned HDR1 High Density Residential, allowing future development up to eight storeys,” he said.

“Future development will suit a wide range of uses including residential apartments, student living - given its proximity to Griffith University campuses, retirement living and a build-to-rent project.

“A development application has previously been submitted, consisting of 220 units over two eight-level buildings.


The Upper Mt Gravatt site is around 14 kilometres from the Brisbane CBD

Eight storey Mt Gravatt apartment development site listed

The development pipeline in Gold Coast&#39;s Broadbeach keeps on coming for prospective apartment buyers who are wanting to invest in the Gold Coast over the coming years.

There&#39;s likely another residential tower set to shoot up at 13-15 Australia Avenue, a 1,214&nbsp;sqm site which has the same site zoning and dimensions of the nearby Raptis tower Gallery and the apartment development Encore by Andrews Projects.

GV Property Group&#39;s Antonio Mercuri and Luke Reaby, who sold the Broadbeach sites to Raptis and Andrews Projects,&nbsp;are marketing the Australia Avenue block,&nbsp;which currently has 12 two-bedroom apartments, with the owners joining forces&nbsp;to sell.

Mercuri and Reaby are already fielding enquiry from prominent local and interstate developers.

&quot;We expect a very similar outcome to the nearby developments, which will likely provide&nbsp;of 70 - 100 high quality apartments in the heart of Broadbeach,&quot; Reaby says.

&quot;Boutique Projects of this size have done extremely well in last year and we anticipate another quick sell-out for the new project.&quot;

<a href="/developments/gold-coast-qld?source_news_article_id=108122&amp;ref=news_body_link"><img alt="" height="797" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/gc_newest_tile_jpeg_25.jpg" width="1200" /></a>

GV specialise in development site sales, property amalgamations and acquisitions on the Gold Coast.

They band&nbsp;together apartment owners in underutilised and underdeveloped land parcels and secure premium prices for their apartments which they sell&nbsp;to multi-residential developers.

Broadbeach has been a hot bed of apartment developments and lodgements in recent years.

There are 10 developments currently in market in Broadbeach on Apartments.com.au, including Encore by Andrews Project and&nbsp;Morris Property Group&#39;s Opus and Koko.

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Morris Property Group are set for their eight residential development in Broadbeach. They&#39;ve recently amalgamated a site&nbsp;to create 1,294 sqm at 13-15 Amrick Avenue.

Little Projects has <a href="/news/qld/little-projects-set-for-boutique-broadbeach-apartment-tower-aperture-aimed-at-the-luxury-owner-occupier">just lodged plans for a&nbsp;luxury owner-occupier targeted tower at 20 Mary Avenue</a>, while Turrisi Properties <a href="/news/qld/turrisi-properties-make-first-gold-coast-foray-with-broadbeach-tower-plans">have a 22-level, Rothelowman-designed, 81 apartment tower</a> at&nbsp;9-11 Armrick Avenue in the pipeline.

Raptis have plans&nbsp;for a <a href="/news/qld/tower-reveal-raptis-set-for-new-broadbeach-gold-coast-apartment-tower">40-level apartment building at 6-8 George Avenue</a>, designed by Koichi Takada. That site was another sold by the GV team.

Broadbeach has been a hot bed of apartment developments and lodgements in recent years

Broadbeach set for new high-rise tower as prime development site listed

After the successful sales of their apartment tower Dwell, Queensland developer Dibcorp embarked on the launch of their exciting new development, Bide.

Take a look at our recent display suite tour:

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<h2>BIDE AT A GLANCE</h2>

Developer: Dibcorp Properties

Architect: Twohill and James

Location: 21 Longland Street, Newstead QLD 4006

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[smartcode_project:default project_id=102309 project_image_fid=163973]

Located right in the heart of Newstead, Bide is perfectly positioned to capture views of the City, with a thriving hub of entertainment, dining options and parklands within walking distance. It&#39;s just three kilometres to Brisbane CBD and is noted to be one of Brisbane&#39;s most sought after residential suburbs.&nbsp;

&quot;Newstead to me is the new New Farm - it&#39;s location to the city, walkways, the airport, and amenities and the river - it has all the offerings but better, and an affordable offering compared to New Farm.&quot;

- Franco Di Bartolomeo (Managing Director of Dibcorp)

[smartcode_project:default project_id=102309 project_image_fid=163982]

Dibcorp understands the importance of selling homes with an extra level of flexibility for buyer customisation &ndash; especially with buyer needs changing. Something really unique about this development is that Dibcorp are more than happy to support buyers in tailoring their homes to suit their requirements &ndash; whether it&#39;s selecting bespoke materials or amalgamating two apartments to make a super sky home.

The standard inclusions for all Bide residences include stunning floor-to-ceiling glazing, which let in plenty of natural light. In the kitchens, you&#39;ve got beautiful timber joinery, integrated appliances and even adjoining study nook and spacious breakfast bar, making the kitchen a very special part of the home.

[smartcode_project:default project_id=102309 project_image_fid=163976]

Bathrooms are ultra-modern, with frameless walk-in showers and the ability to include a dual vanity and freestanding bathtub.

In terms of amenities, we love the fact that they have been well thought out - with resident wellness at the forefront of design decisions. A central garden area is also home to 600 square metres of amenities spanning two levels, including barbeque facilities and private cabanas.

All residences also include two side by side car parks plus optional storage.

[smartcode_project:default project_id=102309 project_image_fid=163974]

To learn more about the boutique three-bedroom homes selling now at Dibcorp&#39;s Bide in Newstead, then request a call from a sales agent via Urban today.

Olivia Round

Display Tour: Bide by Dibcorp in Newstead, QLD

The apartment redevelopment of the Hotel Komune Resort, at Coolangatta&#39;s Greenmount Beach, is set to begin.

Construction is slated for September at the already sold-out project by the Brisbane-based Spyre Group, who secured sales of all of the 30 apartments in just four weeks earlier this year.

It achieved an average sale price of $1.9 million, with prices rising as high as the penthouse which sold for $7.1 million.

It fell some way short of the area penthouse record, which is categorized in this market as south of Mermaid Beach, to not include the established high-rise developments in Surfers, Broadbeach&nbsp;and Main Beach.

David Calvisi&#39;s FORME Projects holds that mantle, securing a $9 million sale of the penthouse in his Koichi Takada-designed Norfolk at Burleigh Heads. The luxury development, which saw the bulk of its sales two years ago, well before the COVID-enduced boom in the area, also saw two further apartment sales at $8.5 million.

With the same team as Norfolk, and less than a kilometre away, FORME&nbsp;are set to launch 96 The Esplanade, with locals suggesting the penthouse could be priced around the $15 million mark.

[smartcode_project:default project_id=99968 project_image_fid=159159]

Paul Geddoun&#39;s S&amp;S Projects recently sold the two-level penthouse in Awaken at Rainbow Bay for $8.15 million.

<a href="/news/qld/first-look-spyre-group-lodge-exclusive-burleigh-heads-apartment-development">Read more:&nbsp;First look: Spyre Group lodge exclusive Burleigh Heads apartment development</a>

Hutchinson Builders, Australia&#39;s largest privately owned construction company, will deliver Spyre&#39;s&nbsp;$57 million project, which will rise 12 storeys on its Marine Parade dress circle address. The old Hotel Komune building has been demolished.

It is expected the development will be completed in the first quarter of 2023.

&ldquo;We are thrilled to have Hutchinson&rsquo;s on board to deliver our latest Gold Coast project following the extraordinary sell-out,&rdquo; Spyre Group Director Andrew Malouf said.

&ldquo;Cala Dei will transform the pristine beachfront site from a boisterous hub into a serene collection of residences to accommodate a new generation of Coolangatta locals,&rdquo;&nbsp;Malouf added.

&ldquo;Given that the southern Gold Coast appeal is higher than ever, we are excited to start bringing this collection of ultra-desirable homes to life.&rdquo;

[smartcode_project:default project_id=89840 project_image_fid=171556]

The Coolangatta market has gone from strength to strength over the last six months.

Miles Residences, by KTQ Group, smashed their sales targets when they launched their redevelopment of the Kirra Beach Hotel late last year.

The most recent development is The Emerson, developed by the Melbourne-based&nbsp;Hirsch &amp; Faigen, who are behind the Palm Beach apartment project Hemingway.

It achieved an average sale price of $1.9 million, with prices rising as high as the penthouse which sold for $7.1 million

Construction to start at Cala Dei, the redevelopment of Coolangatta's Hotel Kommune

The upper-end of the Brisbane off the plan apartment market is continuing to go from strength to strength.

The latest success story comes from Hamilton, where Brookfield&nbsp;Residential Properties has already secured over $100 million in off the plan sales at is riverfront Rivello Hamilton apartment development.

Sales of the 150 apartments have just officially hit the market.

[smartcode_project:default project_id=102922 project_image_fid=171473]

It&#39;s been the higher end apartments in the $147 million, 21-level building designed by Cottee Parker Architects which have proved the most popular, with the penthouses among the first to sell.

Brookfield Residential Properties&rsquo; Managing Director, Lee Butterworth, said buyers had responded well to Rivello.

&ldquo;There is certainly significant demand for Brisbane property in the current market and buyers recognise Rivello represents a rare opportunity to purchase a new apartment in a building on the Brisbane River,&rdquo; he said.

&ldquo;We started receiving enquiries from the moment we secured development approval, and formally began taking registrations of interest late June, with buyers knocking on our door to know when they could officially secure their place in the project.

&ldquo;Buyers have predominately been local owner-occupiers from within a ten kilometre radius of Portside, who are familiar with this precinct and are looking to secure their place here, or to upgrade to a new apartment. Many have purchased with us at Portside previously.

[smartcode_project:default project_id=102922 project_image_fid=171475]

&ldquo;We have also experienced strong enquiry from interstate buyers, including owner-occupiers wanting to relocate to the Sunshine State and those who see the strong investment potential Queensland offers, with almost 10 per cent of sales to date to interstate purchasers.&rdquo;

Apartments at Rivello average a generous 120 sqm and feature high quality fittings and finishes, including premium appliances, a spacious open plan design and floor to ceiling glass to maximise views and natural light.

The final two sub-penthouses have up to 302 sqm of floor space, including&nbsp;kitchens with butler&rsquo;s pantries, a fireplace, and expansive outdoor entertaining spaces.

There&#39;s extensive&nbsp;resort-style resident amenity within the building, including an infinity-edge pool with views across the Brisbane River to the CBD, a private dining room with kitchen and bar for intimate gatherings, a residents&rsquo; lounge, wine cellar, business centre, outdoor gardens and barbeque areas.

[smartcode_project:default project_id=102922 project_image_fid=171474]

Butterworth said the exclusive facilities were complemented by the extensive range of lifestyle offerings at Portside.

&ldquo;While there are plenty of places for residents to relax and unwind, or host family and friends, within their apartment or the building, they are spoilt for choice with the range of sophisticated dining and retail, along with a cinema and supermarket, quite literally at the doorstep,&rdquo; he said.

&ldquo;If they want to go further afield, there&rsquo;s numerous modes of public transport, including the CityCat, major arterial roads and Brisbane Airport in easy reach.

&ldquo;Rivello&rsquo;s location truly is unparalleled when you consider its accessibility, absolute riverfront position and vibrant street level.&rdquo;

There&#39;s a mix of apartments available, ranging from one bedrooms to the final two sub-penthouses.

Two bedroom apartments in the &lsquo;Lifestyle Collection&rsquo; are priced from $605,000, two and three-bedroom apartments in the &lsquo;River Collection&rsquo; from $720,000 and the final sub-penthouses in the &lsquo;Penthouse Collection&rsquo; are priced from $2,070,000.

[smartcode_project_cta: project_id=102922]

Brookfield launch sales at Hamilton apartment development Rivello

The residential development of the in demand Surfers Paradise enclave Chevron Island is set to continue.

The Brisbane-focused Ention Properties are the latest developer to enter the Gold Coast market from the Queensland capital. They&#39;re set to develop a&nbsp;New York-inspired apartment project, dubbed Greenwich, a reflection of Manhattan&#39;s famous Flatiron building.

Ention have reduced the number of apartments from 48 to 46, and increase the height level to 15. It will be&nbsp;targeted at owner-occupiers, KM Sales and Marketing associate director Todd Matheson says.

&quot;We envisage a majority of owner occupiers buying with 75% of the building being three bedrooms creating a vertical community crowned by a roof top with multi zoned amenity, allowing owners to come together or have private break out spaces,&rdquo; Matheson says.

The building designed by Ferro Chow Architects at 30 Anembo Street, on the corner of Anembo and Aruma Streets, will be predominantly made up of three-bedrooms. There&#39;s also&nbsp;a collection of two-bedroom apartments and a single four-bedroom apartment.&nbsp;

&nbsp;

Ention Founding Director&rsquo;s, Trent Thoroughgood and&nbsp;Dion Smith, said that Greenwich would open the doors to luxury for a diversity of buyers, from the downsizer all the way through to the first home buyer.

<img alt="" height="1600" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/ention_chevron_2.jpg" width="1200" />

&ldquo;We wanted to ensure that Greenwich surpassed the quality of its market counterparts to produce a collection of waterside residences rich in exceptionally high-level finishes, accessible to a broader range of buyers than one would expect for such a luxurious product,&rdquo; said Thoroughgood.

Thoroughgood said Greenwich would inject the island with a New York ambience emanating from design features reflective of the city&rsquo;s distinctive architecture and art scene, while replicating a Central Park lushness from its vantage point over the Korman Family Park.

&ldquo;As the project has evolved our discussion always came back to two things, a New York/Arts Vibe located across from a beautiful leafy green park and the sophisticated architectural facade elevating the Gold Coast to a mature city,&rdquo; he said.

&ldquo;The proximity of the project to Gold Coast&rsquo;s Home of The Arts made it the perfect fit to capture a distinctly artsy character, set mere moments from the city&rsquo;s art capital,&rdquo; &ldquo;HOTA&rsquo;s arrival reinvigorated Chevron Island with a new lease on life and we are excited to be extending this into the creation of a magnificent residential landmark that is in touch with the island&rsquo;s iconic character.&rdquo;

Dion Smith said the&nbsp;location of the building, which sits at the gateway between Chevron Island&#39;s village and Surfers Paradise entertainment precinct, allows residents to be close to all the lifestyle amenity you could ever need or want, yet gives the sense of quiet, space and security,

The distinctive arched floor to ceiling windows will allow&nbsp;uninterrupted park views to the south, 270 degree views over the Nerang River to the south, west and north, and hinterland views to the west.

Crowning&nbsp;the tower will be a yoga lawn and rooftop pool.

Jared Chow, lead architect at Ferro Chow Architects, said Greenwich acts as a canvas to its bordering scenery, inspired by context with its materiality of a neutral palette.

&ldquo;Embracing the vibrancy of the local community and lifestyle, the architecture softly frames the neighbouring landscapes capturing the beach essence.&rdquo;

Its proximity to natural features and public spaces opens up abundant opportunities to call attention to its spectacular surrounding views encircled by the Nerang River.

About the developer

Ention Properties is an accomplished property development company founded by Dion Smith and Trent Thoroughgood in 2013.

Over the last eight years Ention have a work book of over $100 million, developing townhouses and apartments across Brisbane.

The New York-inspired apartment project, dubbed Greenwich, is inspired by Manhattan's famous Flatiron building.

Chevron Island set for New York-inspired apartment tower Greenwich

The top apartment sale last week in Queensland was $2,925,000 at Kirra Beach in the Nirvana by the Sea complex.

The four bedroom, four bathroom apartment was at 1005/1 Douglas Street.

It was lasted sold at $1.7 million in 2011.

The 10th floor offering has 300sqm of living space.

It is set up as three bedrooms, plus an office.

The apartment has two parking spaces.

<a href="/developments/gold-coast-qld?source_news_article_id=107880&amp;ref=news_body_link"><img alt="" height="797" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/gc_newest_tile_jpeg_26.jpg" width="1200" /></a>

It was offered fully furnished through Real Specialists agent Wayne Bisgrove.

Con Nikiforides&#39; Niecon Developments developed the project which was designed by Melbourne-based O1A, with the interior designs by Gold Coast architects DBI.

The $125 million 15-level tower comprised 69 apartments sitting above nine street-level strata-title retail tenancies.

More than 75 per cent of the units, priced from $845,000 to $2.95 million, had sold off the plan, by the time of its mid-2009 completion.

Recent off the plan projects have seen strong sales success including the Miles Residences Kirra Point which will be completed in 2023.

The glass-swathed tower is being developed by the family-run KTQ group.

The top apartment sale last week in Queensland was at Kirra Beach

$2.9 million Niecon-built Kirra Beach Coolangatta apartment sale tops Queensland sales

The 2032 Brisbane Olympics will not only deliver an economic boost to trade and tourism but is set to have a big impact on the local property market, according to one economist.

PRD Research chief economist, Dr Diaswati Mardiasmo, has predicted that Brisbane&rsquo;s median house price could increase to $1.7 million by 2023, 2.5 times its current median of $674,738.

The forecast by PRD Research was reached using historical data of house prices following two global events hosted in Brisbane, the World Expo in 1988 and the G20 Summit in 2014.

<img alt="" height="628" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/bide-21-longland-street-newstead-f94e8b1acc183d4e31ebc002ecefc8ef.png" width="1200" />

In the 11 years prior to Expo 88, the Brisbane LGA median house price grew by 278.8 per cent and prices in South Bank and its surrounding suburbs grew by an average 335.3 per cent.

In the year following, house prices grew by a further 29.7 per cent in Brisbane and 19.1 per cent in South Bank and nearby suburbs.

A similar trend unfolded when the city hosted the 2014 G20 Brisbane Summit with property prices surging 112 per cent in Brisbane and 116 per cent in South Bank in the decade before the event.

&ldquo;[H]osting both Expo 1988 and G20 Summit has served the Brisbane property market well,&rdquo; Dr Mardiasmo said.

Applying the same level of growth seen in these events, PRD Research predicts Brisbane&#39;s median house price to rise to $1.7 million by 2033, a year after the Olympics.

Dr Mardiasmo noted there were differences in the pace of property growth in past events, but even going at &ldquo;half-strength&rdquo;, the median house price would reach $1.2 million by 2033.

&quot;The prospect of a $1 million median house price for Brisbane is a real possibility.&quot;

Research by KPMG predicts that hosting the 2032 Games will deliver $8.1 billion in benefits to Queensland including a $4.6 billion economic boost to tourism and trade and $3.5 billion in social improvements such as health, volunteering and community benefits.

Urban takes a look at three residences you could secure in Brisbane to get ahead of the trends.

1. Bide, Newstead 
Developer: Dibcorp Properties 
Two-bedroom apartments from $635,000

[smartcode_project:default project_id=102309 project_image_fid=163979]

Bide is a new residential offering nestled in the heart of Newstead, offering 89 residences.

Designed in collaboration between architects Twohill &amp; James, Lat27 and Wiltshire Stevens Architecture, each apartment has rethought residential living.

&ldquo;Bide embodies the belief that the spaces we inhabit are essential to a balanced life&rdquo;, the project marketing reads.

[smartcode_project:default project_id=102309 project_image_fid=163974]

Among its features include large spacious apartments, open-plan living and dining, balcony space and a study nook in some apartments for working from home.

2. Queens Wharf Residences, Brisbane 
Developer:&nbsp;Far East Consortium 
One-bedroom apartments from $565,000

[smartcode_project:default project_id=13276 project_image_fid=80720]

Situated in Brisbane&rsquo;s historical heart, Queens Wharf Residences&rsquo; atrium entrance on George Street directly connects the CBD through to the riverfront.

The precinct will feature iconic contemporary architecture alongside a collection of beautifully restored heritage buildings, including the Brisbane Printing Office.

The one, two and three-bedroom residences at Queen&rsquo;s Wharf have been curated by&nbsp;Cottee Parker&nbsp;to deliver the most to its residents.

[smartcode_project:default project_id=13276 project_image_fid=80722]

Each apartment features winter gardens with lift and tilt windows, as well as feature views of the city, Botanic Garden or city views.

3. The Coterie, Fortitude Valley 
Developer: Vicland Property Group 
Two-bedroom apartments from $536,080

[smartcode_project:default project_id=6257 project_image_fid=141423]

Vicland Property Group&rsquo;s two breathtaking apartment buildings at Fortitude Valley offers a modern-day sanctuary in an energised urban village.

A prestigious collaboration by&nbsp;Rothelowman&nbsp;and&nbsp;Bruce Henderson&nbsp;Architects delivers residents a range of versatile, open-plan designs and luxury lifestyle offerings.

&ldquo;Designer touches are apparent in every space with the refined treatment of contemporary polished surfaces, textural finishes and confident, monochromatic highlights&rdquo;, the project marketing reads.

[smartcode_project:default project_id=6257 project_image_fid=141415]

With limited apartments remaining, and only 1.5-kilometres from Brisbane&rsquo;s CBD, The Coterie is not one to miss.

The forecast by PRD Research was reached using historical data of house prices following two global events hosted in Brisbane, the World Expo in 1988 and the G20 Summit in 2014. 

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