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?

<h2>OPINION:</h2>

Throughout April 2021, national property values increased 1.8 per cent; a whopping six times the average monthly movement in property prices for the past decade. For the typical Australian home, that signals an increase of $11,240 in value in just one month, according to <a href="https://www.corelogic.com.au/news/how-much-housing-market-can-different-incomes-buy" target="_blank">CoreLogic</a>. In markets like Sydney, that figure is likely to be much higher.

It&rsquo;s no wonder housing affordability is on the decline. <a href="https://www.corelogic.com.au/news/how-much-housing-market-can-different-incomes-buy" target="_blank">CoreLogic</a> reports that middle-income households in Sydney can&rsquo;t afford 75.5 per cent of Sydney houses and 41 per cent of Sydney units.

For many Sydneysiders, buying a home in Sydney will simply become unaffordable and unattainable. For those that do stretch themselves, they&rsquo;ll be burdened with a very large mortgage debt in danger of becoming unserviceable once interest rates eventually rise. So, what&rsquo;s the solution?

<h2>Sydneysiders to escape north</h2>

What we&rsquo;re likely to see is a migration north in search of cheaper housing, a better lifestyle and a more affordable cost of living. Places like the Central Coast will prove popular for those working in Sydney and willing to commute.

Other areas like Brisbane with a strong jobs market will also attract Sydneysiders.

[smartcode_project:default project_id=29384 project_image_fid=155506]

When you compare the house prices you can understand the appeal. Let&rsquo;s look at a few examples.

In Windsor in Brisbane, about 6km from the CBD, <a href="/buildings/amor-windsor-residences-29-bryden-street-windsor">these spacious luxury one-bedroom apartments</a> start at $380,000. You&rsquo;d be hard-pressed to find an apartment for this price in Sydney, let alone one so desirable.

On Brisbane&rsquo;s Queen St, perched on the river, is <a href="/buildings/443-queen-street-brisbane-443-queen-street-brisbane">this luxury development</a> boasting brand new one, two and four-bedroom apartments starting at $730,000 in the heart of the city.

[smartcode_project:default project_id=29185 project_image_fid=83369]

Ascot in Brisbane is one of Brisbane&rsquo;s most expensive and affluent riverside suburbs, about 7-8km from the CBD. For <a href="/buildings/ascot-green-by-mirvac-tulloch-house-61-st-leger-way-ascot-4007">these brand new three-bedroom apartments</a>, it will set you back around $1,230,000. That&rsquo;s close to Sydney&rsquo;s median property price, but buyers get a brand new luxury apartment in one of the most sought after locations in Brisbane.

<h2>Is leaving Sydney the best option for me?</h2>

If you feel like you&rsquo;re stuck in the rat race and can&rsquo;t get ahead, relocating out of Sydney might be a good option for you. It&rsquo;s best to do extensive research on which areas have strong job opportunities in your field and will support the lifestyle you want. Don&rsquo;t be enticed by more affordable housing alone.

If you feel like you&rsquo;re being priced out of the Sydney market, leaving Sydney isn&rsquo;t the only option. Renting a home in Sydney while investing interstate (known as rentvesting) is one option you may want to consider to build wealth without needing to leave.

In fact, with the exodus north, an investment in an area like South East Queensland is likely to be a savvy choice as demand pushes up prices and capital growth prospects for investors.

If the investment performs well over time, the equity could potentially be used as a deposit to fund a future house deposit in Sydney.

Olivia Round

OPINION: Sydneysiders set to migrate north

Bluebird has lodged a bold DA for a leafy residential development on the river at Highgate Hill.

Designed by Ellivo Architects, the apartment building of eight units embraces the neighbouring park and community garden in a verdant design that connects with its surroundings. ⁣ 
 
The proposal would replace an existing apartment complex that has declined beyond restoration due to its age. ⁣

[smartcode_project:default project_id=134270 project_image_fid=205673] 
⁣ 
Bluebird co-founders and managing partners, Riye Arai-Coupe and Claire O’Rourke, said the new vision for the site proposes to deliver a reduced number of apartments and introduces leading biophilic and sustainable design principles.

“It’s an approach that will deliver a building that not only ‘breathes’ but gives back to its community through highly considered design that prioritises the connection between environment, social harmony, and enduring wellbeing.” ⁣

The proposal would replace an existing apartment complex that has declined beyond restoration due to its age

Bluebird lodge plans for leafy Highgate Hill apartment block

The Brisbane apartment market continue to show strength over May, posting 1.1 per cent gains,&nbsp;CoreLogic&#39;s monthly Hedonic Home Value Index found.

The rolling quarterly apartment gains&nbsp;are now up to 3.2 per cent, with the median apartment price reaching&nbsp;$411,000.

The media veteran Steve Hunt, who founded the public relations and media strategy firm Media Hunt in 2005, has cast his eye over the Brisbane market and what&#39;s happening in the Queensland capital.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="415" src="https://www.youtube.com/embed/l0ki80HEaz4" title="YouTube video player" width="660"></iframe>

Hunt mentioned The Fernery, which has been popular with local owner-occupiers

Urban recently spoke to Colliers residential director Andrew Scriven, who said most of the buyers have come from a couple of kilometre radius.

[smartcode_project:default project_id=100681 project_image_fid=162778]

&quot;There&#39;s been overwhelming success since launch in April&nbsp;from the local market, looking to either downsize, invest or secure something for the children,&quot; Scriven said.

&quot;Locals have really embraced the project. They&nbsp;haven&rsquo;t really had that offering ever.&quot;

The project by the Townsville-based&nbsp;Honeycombes, in partnership with their financier MaxCap, will comprise the 82 apartment block The Fernery, as well as&nbsp;a 12,000 sqm retail centre set next to the Ferny Grove train station.

The media veteran Steve Hunt has cast his eye over the Brisbane market and what's happening in the Queensland capital



Brisbane apartment market in the spotlight: Media Hunt's May update

The Gold Coast has continued across May to see stellar results, as well as new apartment&nbsp;projects lodged to the local council.

From planning documents to approvals and sales successes, Urban have wrapped up all the moves&nbsp;across the Gold Coast.

<h2>Hirsch &amp; Faigen launch Hemingway, Palm Beach apartments</h2>

The Melbourne-based national developer Hirsch &amp; Faigen have officially launched Hemingway, their first apartment development on the Gold Coast.

Prices will range from $450,000 to $2 million in the Palm Beach residential project which will comprising 78 apartments over 14 levels. The penthouse is priced at $4 million.

[smartcode_project:default project_id=24532 project_image_fid=86676]

Rothelowman have designed the tower which has been described as a multi-storey reimagining of the area&rsquo;s humble holiday shacks from the late 1950s and 1960s.

To read more, <a href="/news/qld/hirsch-faigen-launch-hemingway-palm-beach-apartments">click here</a>.

<h2>Sammut lodge plans for $200 million Surfers Paradise apartment tower, Coast</h2>

The Sydney-based luxury developer&nbsp;Sammut Developments&nbsp;are set to expand in to the hot Gold Coast&nbsp;off the plan&nbsp;apartment market.

<img alt="" height="675" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/sammut_coast_2.jpg" width="1200" />

They&#39;ve lodged plans with the Gold Coast City Council for a new apartment tower in the heart of Surfers Paradise, to be called Coast.

The new tower at 43 Garfield Terrace will rise 35 levels if it gets sign off from the local council and will home just 49 apartments.

To read more, <a href="/news/qld/tower-reveal-sammut-lodge-plans-for-200-million-surfers-paradise-apartment-tower-coast">click here</a>.

<h2>Lacey Group all-but sell out Palm Beach project The Monroe</h2>

The local Gold Coast developer&nbsp;Lacey Group&nbsp;has secured a near sell out of its luxury Palm Beach apartment development, The Monroe.

<img alt="" height="746" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/the_monroe_lacey_group_0.jpeg" width="1324" />

It took just two weeks for all but one of the apartments to be snapped up following the launch of the 33 apartment development on the Jefferson Lane dress circle.

Apartments in the Plus Architecture-designed development, which ranged&nbsp;between $619,000 and $1.79 million, were snapped up by local owner-occupiers,

To read more, <a href="/news/qld/lacey-group-all-but-sell-out-palm-beach-project-the-monroe">click here</a>.

<a href="/developments/gold-coast-qld?source_news_article_id=1&amp;ref=news_body_link02293"><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_11.jpg" width="1200" /></a>

<h2>Raptis set for new Broadbeach, Gold Coast apartment tower</h2>

The Gold Coast developer Raptis has officially lodged plans for its newest Gold Coast tower.

<img alt="" height="758" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/raptis_broadbeach_3.jpg" width="1200" />

They&#39;ve secured a prime development site in Broadbeach at 6-8 George Avenue, next to the Pacific Fair Shopping Centre in the heart of the coastal hotspot.

The busy Sydney-based architecture firm&nbsp;Koichi Takada&nbsp;Architects, who have taken on a number of projects on the Gold Coast in recent months,&nbsp;have designed the 40 storey building.

To read more, <a href="/news/qld/tower-reveal-raptis-set-for-new-broadbeach-gold-coast-apartment-tower">click here</a>.

<h2>Auriton set to make move to Gold Coast market</h2>

The primarily Melbourne-based developer Auriton are set for their first residential apartment tower in Queensland.

<img alt="" height="630" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/auriton_gc.jpg" width="1200" />

They snapped up a prime 1,095&nbsp;sqm development site at 2932-2934 Gold Coast Highway in late March&nbsp;and have just lodged plans to the City of Gold Coast council for an $80 million tower&nbsp;with 108 apartments.

It has been designed by the renowned architecture firm&nbsp;Rothelowman, who are calling the 30th level tower&nbsp;a vertical community.&nbsp;The design incorporates just four apartments per floor for the most part, with 14 sqm balconies located on each corner of the building.

To read more, <a href="/news/qld/tower-reveal-auriton-set-to-make-move-to-gold-coast-market-with-rivea-tower">click here</a>.

Find out <a href="/news/qld/gold-coast-apartment-development-insights-what-happened-on-the-gc-in-april">what happened on the Gold Coast over April</a>.

From planning documents to approvals and sales successes, Urban have wrapped up all the moves across the Gold Coast.



Gold Coast apartment development insights: What happened on the GC in May?

The Melbourne-based national&nbsp;developer Hirsch &amp; Faigen have officially launched Hemingway, their first apartment development on the Gold Coast.

Prices will range from $450,000 to $2 million in the&nbsp;Palm Beach residential project which will comprising 78 apartments over 14 levels. The penthouse is priced at $4 million.

Rothelowman&nbsp;have designed the tower which has been described as&nbsp;a multi-storey reimagining of the area&rsquo;s humble holiday shacks from the late 1950s and 1960s.

Named&nbsp;after the famous author&nbsp;Ernest Hemingway, Hemingway is located at 1267-1273 Gold Coast Highway and&nbsp;will front the&nbsp;exclusive Jefferson Lane beachfront enclave.

[smartcode_project:default project_id=24532 project_image_fid=86676]

Matt George, Hirsch &amp; Faigen&rsquo;s head of sales and marketing,&nbsp;said they were determined to push the bounds of architectural design to pay homage to the charming beach shacks while exuding contemporary design excellence.

&ldquo;We went above and beyond to make it feel as though each apartment was its own full scale beach house, just mere metres away from the water&rsquo;s edge while boasting those luxury finishes that makes the home feel like an indulgent retreat,&rdquo; George said.

Residents of Hemingway will have access to a range of lifestyle amenities including its own ground-level caf&eacute; and communal open space with a swimming pool, pool lounge, barbeque area and outdoor cinema.

<a href="/buildings/hemingway-1267-1273-gold-coast-highway-palm-beach"><img alt="" height="902" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/hemingway_pool_1.jpg" width="1200" /></a>

Prior to its launch, Hemingway had already garnered a substantial level of attention from local owner occupiers and downsizers pursuing the quintessential coastal dream with a luxurious upgrade.

The Rothelowman team reimagined the standard bulky apartment block into an innovative shape form that utilises curvature and cut outs to maximise and enhance views from every Hemingway apartment.

&ldquo;Rothelowman are highly recognised across Australia for their innovative approach to creating landmark structures, and Hemingway was no different. They poured a lot of thought ninto how Hemingway could meld seamlessly into its Palm Beach surrounds while simultaneously enhancing and improving the area,&rdquo; George said.

<a href="/developments/gold-coast-qld?source_news_article_id=101680&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_7.jpg" width="1200" /></a> 
 
&ldquo;It was important to us to take a design-led approach to encompass the phenomenal ocean views the Gold Coast is famous for, presented in what we like to think of as a beach house hoisted into the sky,&rdquo;

The Hemingway project is the first development venture on the Gold Coast by Hirsch &amp; Faigen, which has a number of property interests in Queensland and a national portfolio of projects completed over the past decade with a value of more than $1 billion.

Prices will range from $450,000 to $2 million in the Palm Beach residential project which will comprising 78 apartments over 14 levels.



Hirsch & Faigen launch Hemingway, Palm Beach apartments

There were five registered bidders when Tolemy Stevens from Harcourts Coastal Prestige put the luxury Soul penthouse in Surfers Paradise to auction on Friday afternoon.

Crowning the top four floors of the Soul building, the five bedroom apartment fetched $15.25 million.

The 1070 sqm space with BDA Architects design was offered by Andrew Koloadin who had paid $6.5m for the concrete shell when he bought it from Hong Kong tycoon Tony Fung in 2018.

<a href="/developments/gold-coast-qld?source_news_article_id=101675&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_8.jpg" width="1200" /></a>

There had been an initial off the plan $16.85m sale by Juniper Property Development to a Queensland businessman in 2006 but it didn&rsquo;t proceed to settlement.

The $15.25 million sale settles in 30 days. It was a Queensland auction record for residential sale price under the auction hammer.

The $15.25 million sale of the luxury Soul penthouse in Surfers Paradise was under the hammer at auction on Friday afternoon


jchancellor

Soul, Surfers Paradise penthouse sells for $15.25 million

The Sydney-based luxury developer Sammut Developments are set to expand in to the hot Gold Coast off the plan apartment market.

They&#39;ve lodged plans with the Gold Coast City Council for a new apartment tower in the heart of Surfers Paradise, to be called Coast.

The new tower at 43 Garfield Terrace will rise 35 levels if it gets sign off from the local council and will home just 49 apartments.

The plans by PBD Architects have just two apartments per floor. There will be 36 half floor apartments, two double storey sky homes, 10 full floor sub penthouses and a three level penthouse crowning the development.

<img alt="" height="798" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/sammut_main.jpg" width="1200" />

That will span over 1,000 sqm and feature a private rooftop pool.

Allen Sammut, director of Sammut Developments, has planned for Coast to become one of a kind in the sunshine state market, elevating the obsession of ultimate beach front living.

&ldquo;We&rsquo;re planning to create one of the most iconic, high-end luxury apartments the Gold Coast has ever seen,&rdquo; he said.

<img alt="" height="675" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/sammut_coast_2.jpg" width="1200" />

&ldquo;We&rsquo;re very keen to establish a presence on the Gold Coast, particularly given the strength of the luxury downsizer market.

&quot;Accordingly, we have worked up plans that we believe will deliver a benchmark for this market anywhere not only on the Gold Coast but anywhere in Australia,&rdquo; Sammut said.

Coast, which sits on the beach side of Garfield Terrace, is set to feature&nbsp;a wrap-around wet edge pool with views that stretch across the iconic coastline. There will be&nbsp;sky gardens, beachfront entertainment rooms and bbq spaces.

<img alt="" height="744" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/coast_sammut_1.jpg" width="1200" />

The name Coast derived from Sammut&#39;s first ever apartment development in Sydney.

&ldquo;We began our journey of developing prominent, beachside apartments in Sydney&rsquo;s idyllic waterside suburb Cronulla over 15 years ago with our renowned &lsquo;Coast&rsquo; full floor apartments,&quot; Sammut said.

&ldquo;A testament to our history and beginnings, we felt it was only appropriate to announce and name our first luxury project in Queensland, &lsquo;Coast&rsquo;&rdquo;.

Sammut says Coast&nbsp;will bring an unrivalled level of resort-style living right to the shores of Surfers Paradise.

&ldquo;We have invested a lot of thought and consideration into creating a space that emanates the look and feel of a resort, with our incredible features and concierge service, with the comforts and quality you want from a home.&rdquo;

<a href="/developments/gold-coast-qld?source_news_article_id=101667&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_6.jpg" width="1200" /></a>

Sammut will develop the project with the Sydney-based investment firm Alceon Group,&nbsp;one of Australia&rsquo;s largest non-bank providers of development finance. Alceon have&nbsp;invested over $4 billion across real estate, private equity/credit, and listed equities investment strategies.

Todd Pepper, executive director of Alceon QLD, said the company was looking forward to delivering a high-end residential precinct that met the strength of the luxury downsizer market.

&ldquo;We are thrilled to be working with Sammut Developments and believe Coast will set a new benchmark and create a truly unique boutique luxury residential experience,&rdquo;&nbsp;Pepper said.

“We’re planning to create one of the most iconic, high-end luxury apartments the Gold Coast has ever seen,” Sammut director Allen Sammut said


Tower reveal: Sammut lodge plans for $200 million Surfers Paradise apartment tower, Coast

The Brisbane developer Pikos Group have secured approval for three residential towers in Kangaroo Point.

Pikos had to get sign off from the&nbsp;Land and Environment Court for the ambitious Lambert Street development after a number of complaints from local residents.

The team at Pikos engaged with council and addressed the issues raised within the community for a successful outcome.

&ldquo;We are delighted council has recognised the overall merits of our development and we can now move forward with a benchmark project that will enhance the inherent charm of Kangaroo Point and its future growth,&rdquo; said Pikos Property Group head Pedro Pikos.

&ldquo;The Pikos team is now gearing up to deliver the project and we expect work to commence as early as next month&rdquo; he said.

The project at 108 Lambert Street will see three towers built on the 5285 sqm site.

Kris Kowalski Architects, who designed 300 apartments in the Fortitude Valley&nbsp;tower 289 Wickham Street, submitted amended plans late last year for the Kangaroo Point towers, with the number of apartments scaled back from 300 to 273.

&ldquo;We&rsquo;ve gone back to the drawing board to ensure we continue to deliver a new standard of luxury residential tower development to the area in a well-designed integrated project that blends with and is sensitive to its surrounds.&rdquo;

&ldquo;We&rsquo;re aware of the views raised by some local residents and we want to reassure the community that we&rsquo;ve listened, and we&rsquo;re invested in the future of Kangaroo Point,&rdquo; Pikos said.

&ldquo;Now we are out of the appeal process, we continue to take on board community feedback and are exploring further options to substantially reduce apartment density and traffic volumes&rdquo; he continued.

&ldquo;This project will be the new benchmark for apartment living in terms of spaciousness and amenity on the Kangaroo Point peninsula, where our density is far less than in many existing residential towers in the area,&rdquo; Pikos said.

&nbsp;

&nbsp;

The team at Pikos engaged with council and addressed the issues raised within the community for a successful outcome.

Pikos Group win approval for $350 million Kangaroo Point development

The&nbsp;construction of&nbsp;Barber Property Group has finished construction of&nbsp;Vistas St Lucia, its newest apartment development in the leafy Brisbane suburb.

And the development of 32 apartments has been a hit with first home buyers so far, who have been taking advantage of Vistas one-bedroom apartments, the first one-bedroom apartments built in the suburb for five years.

The rest of the apartment sales so far has been to investors who are looking to leverage the prominent student rental market given Vistas proximity to the University of Queensland.

[smartcode_project:default project_id=25239 project_image_fid=97100]

Barber have a solid case study&nbsp;in&nbsp;the area, having completed Eton, a boutique development of just nine apartments, nearby. Investors are now seeing seven per cent rental yields.

&ldquo;The numbers stack up very well for investors looking to capitalise on St Lucia&rsquo;s unique market, as it&nbsp;benefits from&nbsp;a range of buyer types at different stages of their&nbsp;lives,&quot; Barber Property Group boss Paul Barber says.

&ldquo;Although the student market has sat dormant for the last 12-months, with the current roll out of the COVID-19 vaccine, interest is picking up,&nbsp;so&nbsp;we anticipate a rush of international students&nbsp;at the end of the year,&nbsp;ahead of&nbsp;the first&nbsp;semester&nbsp;in 2022.&nbsp;

[smartcode_project:default project_id=25239 project_image_fid=97110]

&ldquo;Still, with many international students out of the equation,&nbsp;demand in&nbsp;St Lucia&rsquo;s has remained&nbsp;high&nbsp;with recent occupancy rates as low as 1.7 per cent.&rdquo;&nbsp;

Raymond Barber Architects, in collaboration with CG Design Studio, designed the apartments with earthy colour palettes and natural timbers that integrate with the St Lucia aspect.

There are&nbsp;nine one-bedroom apartments, 14 two-bedroom apartments and nine three-bedroom apartments, as well as&nbsp;communal facilities including a large open-air terrace and BBQ area with city views.&nbsp;&nbsp;

[smartcode_project:default project_id=25239 project_image_fid=97114]

Barber said the company anticipates strong demand for&nbsp;Vistas St Lucia, as the area&rsquo;s lifestyle factors&nbsp;play&nbsp;a big drawcard, with the proximity to the city and river, abundance of cafes and restaurants, and quintessential &lsquo;Queensland feel&rsquo; high on&nbsp;buyers&rsquo;&nbsp;wish lists.&nbsp;&nbsp;

&ldquo;Prior to completion, approx. 40&nbsp;per cent&nbsp;of the luxury apartments had sold, really reiterating the market&rsquo;s desire for new inner-city stock,&rdquo; Barber said.&nbsp;

&ldquo;We&rsquo;re noticing a resurgence in demand for one-bedroom apartments, with a mix of downsizers and young professionals wanting to get into the&nbsp;inner-city&nbsp;suburbs, as well as demand continuing for larger two and three-bedroom properties.&nbsp;

The development has been a hit with first home buyers so far, who have been taking advantage of the one-bedroom apartments



Vistas St Lucia apartments popular with first home buyers as construction finishes

With the recent sell-out of Cala Dei, luxury Gold Coast buyers are looking at the remaining stock in other recently announced off-the-plan developments.

Brisbane-based developer Spyre Group stunned the market with a sell-out of Cala Dei at Greenmount just four weeks after its online launch.

&ldquo;It&rsquo;s definitely solidified our commitment to the Gold Coast, and due to the nature of Cala Dei&rsquo;s sell out we have proceeded to acquire a further two beachfront sites that we intend to launch in the second half of this year,&rdquo; said Spyre Group director Andrew Malouf.

<a href="/developments/gold-coast-qld?source_news_article_id=101655&amp;ref=news_body_link" target="_blank"><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_3_0.jpeg" width="1200" /></a>

Situated at Coolangatta, the exclusive collection of two and three-bedroom residences sold for an average of $1.9 million, with 11 sales recording a purchase price over $2.5 million.

The penthouse, which sold for $7.1 million to a local family, is the second highest price ever fetched for an apartment south of Mermaid Beach.

The majority of residences were sold to local buyers from South-East Queensland, attributing 55 per cent of the sales, while 42 per cent of apartments sold to interstate buyers. Just one apartment was sold to an international buyer from Singapore.

<h2>Other luxury developments on the market in the Gold Coast</h2>

The hunger for high-end living in pristine positioning is as fierce as ever, especially on the Gold Coast.

Luxury developments are popping up all over the coastal city as demand increases for residences with water views and luxury resort-style facilities.

In just the last week, Urban reported that <a href="/news/qld/summit-110-on-broadwater-approaching-sell-out">Summit 110, the Broadwater development from Centa Property Group, is also approaching sell-out</a>.

But in case you&#39;ve missed out on Cala Dei, here are a few of our favourite new luxury developments on the Gold Coast:

1. <a href="/buildings/one-cannes-1-cannes-avenue-surfers-paradise">One Cannes</a> 
Address: 1 Cannes Avenue, Surfers Paradise QLD 4217 
Three-bedroom apartments from $1,000,004

[smartcode_project:default project_id=97810 project_image_fid=159844]

Developed by Marquee Development Partners, One Cannes is the latest residential tower from the group in the Gold Coast&rsquo;s Surfers Paradise.

Just 10 days after launching their development, 65 per cent of the apartments snapped up with over $55 million worth of sales in the week and a half.

Designed by Plus Architecture, the tower features 78 two, three and four-bedroom apartments, floor-to-ceiling windows and water views showcasing the beauty of the Gold Coast.

The development&rsquo;s business lounge, boardroom and meeting rooms were inspired by Qantas&rsquo; first class lounges.

2. Shoreline 
Address: 61 Old Burleigh Road, Surfers Paradise QLD 4217 
Three-bedroom apartments from $1,369,900

[smartcode_project:default project_id=22057 project_image_fid=150842]

Another development from Marquee, Shoreline is another brand-new Surfers Paradise tower set to be created by the Queensland development group.

The boutique development features 27 half-floor apartments, the size of an average new house, with an abundance of storage.

Located in an ideally positioned pocket between Broadbeach and Surfers Paradise, the residence is just five minutes from the Broadbeach Surf Club.

Designed by BDA, Shoreline features a fluid design inspired by curling waves of the beach, European style spa, sauna and shower, magnesium pool and a gym with reformer pilates and barre.

3. <a href="/new-apartments/chevron-one-36-46-stanhill-drive-chevron-island">Chevron One</a> 
Address: 36-44 Stanhill Drive, Surfers Paradise QLD 4217 
Two-bedroom apartments from $1,175,000

[smartcode_project:default project_id=6515 project_image_fid=68832]

Comprising 236 one, two and three-bedroom apartments, Bensons Property Group&rsquo;s Chevron One stands as an iconic landmark in Surfers Paradise.

Rising 40 floors, the stylish high-rise features an organic sculptural form and rotating geometry that maximises views.

With close to 2000sqm of resort-style amenities, residents will enjoy Chevron&rsquo;s intuitive design and numerous facilities.

Designed by Marchese Partners, these amenities include a residents&rsquo; lounge, floating cinema, dining facilities and sculpted garden.

With the recent sell-out of Cala Dei, luxury Gold Coast buyers are looking at the remaining stock in other recently announced off-the-plan developments

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