<a href="https://www.apartments.com.au/developers/abadeen">Abadeen</a> and <a href="https://www.apartments.com.au/developers/perifa">PERIFA</a> have celebrated the topping out of <a href="https://www.apartments.com.au/new-apartments/putney-wharf-harbourfront-precinct-20-waterview-street-putney-nsw-2112">Putney Wharf,</a> marking a significant milestone in the delivery of one of Syd​ney's most anticipated waterfront communities.

Located on Sydney's harbourfront at <a href="https://www.apartments.com.au/developments/putney-nsw-2112">Putney</a>, the project has now reached its highest structural point, with construction progressing strongly towards completion in 2027. 
&nbsp; 
The milestone was celebrated on-site with project partners Phoenix Property Investors, Mitsubishi Estate Asia, Versatile Construction, <a href="https://www.apartments.com.au/architects/sjb-architects">SJB</a>, consultants and stakeholders, to recognise the collective effort behind the transformation of the historic waterfront site into a vibrant new residential, marina and lifestyle destination.

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&nbsp; 
<a href="https://www.apartments.com.au/new-apartments/putney-wharf-harbourfront-precinct-20-waterview-street-putney-nsw-2112">Putney Wharf</a> will deliver a mix of waterfront residences and terraces, complemented by a private 36-berth marina, waterfront dining opportunities and a revitalised foreshore designed to reconnect the community with the river's edge. 
&nbsp; 
Abadeen Executive Chairman and Founder Justin Brown said the project represented a rare opportunity to create the next chapter in Sydn​ey's long history of successful waterfront precincts. 
&nbsp; 
"Throughout Sydney, some of the city's most sought-after addresses have emerged from carefully considered waterfront precincts such as Woolloom​ooloo Wharf, Walsh Bay and Breakfast Point," Brown said.

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&nbsp; 
"What makes these places so successful is that they become much more than residential developments," Brown said.

"They bring together homes, hospitality, marina facilities, public spaces and a strong sense of community in locations where future supply is incredibly limited."

Brown has long described absolute waterfront land in Sy​dney as "finite."

"Once these opportunities are developed, they are rarely replicated. That's why Syd​ney's waterfront precincts have consistently demonstrated strong demand and long-term value growth over many decades. 
&nbsp; 
"<a href="https://www.apartments.com.au/new-apartments/putney-wharf-harbourfront-precinct-20-waterview-street-putney-nsw-2112">Putney Wharf</a> is one of the few remaining opportunities to secure a residence within a masterplanned waterfront community that combines direct water access, marina ownership opportunities and a genuine village lifestyle just moments from the Sy​dney CBD."

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&nbsp; 
PERIFA Founder and Managing Director Fabrizio Perilli said the project reflected a shared commitment to delivering exceptional places that create long-term value for residents and the broader community. 
&nbsp; 
"The topping out milestone is a significant achievement for the Versatile Group and a testament to the collaboration between all project partners, consultants and contractors involved," Perilli said. 
&nbsp; 
"Beyond the residences themselves, <a href="https://www.apartments.com.au/new-apartments/putney-wharf-harbourfront-precinct-20-waterview-street-putney-nsw-2112">Putney Wharf</a> will establish a new waterfront destination that celebrates the history, character and lifestyle of this unique location while creating a lasting legacy for future generations."

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&nbsp; 
Construction is being delivered by <a href="https://www.apartments.com.au/builders/versatile">Versatile Construction</a>, with structural works now substantially complete across the precinct. Attention will progressively shift to the construction of the waterview terraces, apartment façades, services and interior fit-out works over the coming months. 
&nbsp; 
With limited residences and marina berths remaining, <a href="https://www.apartments.com.au/new-apartments/putney-wharf-harbourfront-precinct-20-waterview-street-putney-nsw-2112">Putney Wharf</a> continues to attract strong interest from owner occupiers and downsizers seeking a premium waterfront lifestyle within close proximity to Putne​y Village, Rh​odes, Top Ry​de and the Syd​ney CBD. 
&nbsp; 
As one of the last opportunities to secure a residence within a new masterplanned waterfront community on Sy​dney Harbour, <a href="https://www.apartments.com.au/new-apartments/putney-wharf-harbourfront-precinct-20-waterview-street-putney-nsw-2112">Putney Wharf</a> is expected to remain a highly sought-after address for years to come.

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Joel Robinson

Abadeen, PERIFA, top out Putney Wharf harbourfront precinct

Kew has long been regarded as one of Melbourne's premier residential suburbs. It's a location defined by its grand period homes, leafy streets and some of the city's most prestigious schools, yet it has often sat just outside the spotlight cast on neighbouring Hawthorn and Camberwell.

Increasingly, however, buyers are recognising that Kew offers much of what draws people to those suburbs, with a quieter residential setting, exceptional amenity and long-term owner-occupier appeal.

Within a few minutes' walk, residents can access Kew Junction, one of Melbourne's most established village centres. Cafés, bakeries, restaurants, supermarkets, boutique retailers and everyday services are all on the doorstep, with local favourites including Centonove, Adeney Milk Bar Cafe, and Frank &amp; Harri creating the type of walkable lifestyle that has become increasingly difficult to find in Melbourne's inner east. Beyond the immediate neighbourhood, Glenferrie Road's renowned shopping and dining precinct in Hawthorn and the retail, dining and entertainment offerings of Camberwell Junction are both just a short drive or tram ride away.

The suburb is equally well connected. Tram routes 48 and 109 provide direct access to the CBD, while High Street and Cotham Road connect residents to the wider inner east.&nbsp;Nearby access to the Eastern Freeway also places the Yarra Valley, Mornington Peninsula and Melbourne Airport within easy reach, adding another layer of convenience for weekend travel.&nbsp;It's a rare combination of connectivity and tranquillity, where quiet residential streets sit just moments from some of Melbourne's most established shopping and lifestyle precincts.

For families, Kew remains one of Melbourne's most tightly held addresses. Carey Baptist Grammar School, Xavier College, Methodist Ladies' College, Trinity Grammar, Ruyton Girls' School and Genazzano FCJ College are all nearby, while the Yarra River parklands, walking trails and sporting clubs provide another layer of lifestyle appeal.

It's within this established pocket that developer Ricdanic is delivering <a href="https://www.apartments.com.au/new-apartments/wimba-ave-kew-9-11-wimba-avenue-kew-vic-3101">Wimba Ave</a>, a boutique collection of just 13 residences across two buildings named after its location on the tree-lined Wimba Avenue,&nbsp;within one of Kew's most prestigious pockets where homes have been known to sell up to and above $8 million.

[smartcode_project:default project_id=140755 project_image_fid=354809]

The residences prioritise the space that buyers are increasingly searching for but struggling to find in established suburbs. Living areas extend beyond five metres in width, ceiling heights range from three to five metres, and apartments open onto private gardens averaging around 125 sqm. Selected residences also feature balconies of approximately 60 sqm, while premium inclusions include Miele appliances, double-glazed windows, EV readiness, fully electric systems and a 7.2 NatHERS energy rating.

Architect Chris Idle says opportunities to deliver homes of this scale within established suburbs have become increasingly uncommon.

"There are very few opportunities to do these kinds of developments in leafy, established suburbs," he says. "To get this level of amenity, natural light, and architectural freedom in such a setting is extremely rare."

[smartcode_project:default project_id=140755 project_image_fid=366267]

The architecture draws on Kew's established character through the use of handmade Krause bricks, while landscaping by John Patrick introduces 23 plant species, including nine native varieties, creating an environment which focuses just as much on nature as it does the building.

Construction on Wimba Ave is well underway by renowned high-end builder Sinjen, with completion expected in late 2027. Prices start from $2.22 million.

[smartcode_project_cta:default project_id=140755]

The enduring appeal of Kew's tree-lined streets and village lifestyle

"For me, it's the location." That was the first thing Chris pointed to when reflecting on why he and his wife Marita decided to purchase at Candela Ivanhoe, the under-construction new apartment development by Salter Brothers in the heart of the north-eastern M​elb​ourne​ suburb. ​

"We've lived here before… everything is here," Chris said.

"Our doctor is around the corner, there's dentists, pilates, everything we need, restaurants, fast food places, two train stations, Ivanhoe and Darebin, both in walking distance. You don't need anything else."

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Just 10 kilometres from Melbo​urn​e's CBD, Ivanhoe combines direct city connectivity with the amenity of an established village community. Residents have access to highly regarded schools, expansive parklands, public transport, and a thriving retail and hospitality precinct centred around Upper Heidelberg Road, all within a neighbourhood that has retained its leafy character despite its proximity to the city.

<a href="https://www.apartments.com.au/new-apartments/candela-ivanhoe-40-upper-heidelberg-road-ivanhoe-vic-3079">Candela Ivanhoe</a> sits within the heart of this established landscape, positioned just moments from Ivanhoe Village and within walking distance of many of the suburb's most sought-after amenities.

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From Candela, residents can access cafés, grocers, wine bars, restaurants and essential services on foot, while Ivanhoe Station and Darebin Station provide direct connectivity across Mel​bour​ne. The development is also surrounded by some of the suburb's best-known lifestyle destinations, including Pinkie, Laurent, Enni, Docasa and Woodfire Pizza e Cucina, alongside Ivanhoe Plaza, Woolworths, pharmacies and specialty retailers.

Green space is another defining feature of the suburb. Darebin Parklands, Ivanhoe Park, Nellie Ibbot Park and the Yarra River trail network provide extensive opportunities for recreation, while Ivanhoe Golf Course and Ivanhoe Tennis Club continue to underpin the area's long-established lifestyle appeal.

The suburb's education offering further strengthens demand. Ivanhoe Grammar School, Ivanhoe Girls' Grammar School, Mary Immaculate Primary School and Ivanhoe Primary School have helped establish the area as one of Melbou​​rne's most sought-after schooling precincts, attracting families and downsizers alike who want to remain connected to the area.

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While location was the priority for Marita and Chris, the project itself also needed to meet their expectations.

"Whilst location was paramount, I was also looking at design of the environment and Candela ticked every box," Marita said.

"We're just thrilled with our choice."

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Developed by <a href="https://www.apartments.com.au/developers/salter-brothers">Salter Brothers</a>, Candela Ivanhoe has been designed to complement its village setting, with an emphasis on generous floorplans, natural light and practical everyday living.

Residents will have access to a range of shared amenities, including a communal rooftop garden and dedicated residential lounge, complemented by a ground-floor café and lifestyle wellbeing centre, helping foster the sense of community already emerging among future owners.

That approach has resonated strongly with the market. More than 90 per cent of purchasers at Candela Ivanhoe are owner-occupiers, with buyers ranging from downsizers and second-home buyers to young families and first home buyers, creating a genuinely multi-generational community of grandparents, parents and children. It reflects a broader shift across Melbo​​urne's apartment market, where buyers are increasingly prioritising neighbourhood quality, lifestyle amenity and long-term liveability.

Currently under construction by Ironside, Candela Ivanhoe comprises 58 apartments. Candela Ivanhoe is scheduled for completion in the coming months, and residents can move in from September. One to four bedroom residences, prices from $649,000 and limited opportunities remaining.

[smartcode_project_cta:default project_id=342]

Location and lifestyle drive demand at Candela Ivanhoe

As apartment buyers increasingly look beyond the four walls of their residence, the quality and depth of shared amenity has become a defining factor in how developments are designed and experienced, particularly in the high-rise, new apartment development space.

In Southbank, where high-density living continues to evolve, developers are placing greater emphasis on creating environments that support wellbeing, connection, and convenience as part of everyday life.

That approach sits at the heart of <a href="https://www.apartments.com.au/new-apartments/aura-at-melbourne-square-7-hoff-boulevard-southbank-vic-3006">AURA</a>, the latest residential tower in <a href="https://www.apartments.com.au/developers/osk-property">OSK Property</a>’s $3.5 billion Melbourne Square precinct. Rising 67 storeys above Hoff Boulevard, the 673-apartment development has been conceived around what OSK describes as a “vertical wellness ecosystem”, a layered collection of amenities that extends throughout the building rather than being confined to a single podium level.

[smartcode_project:default project_id=151921 project_image_fid=370263]

The amenity offering begins on the seventh level within the AURA Club, a dedicated resident hub focused on health, relaxation, and daily convenience. Here, residents will have access to an indoor swimming pool, cold plunge, spa, sauna, and steam room, alongside a fully equipped gym, reformer Pilates studio, and yoga room.

The wellness facilities are complemented by a range of spaces that acknowledge the changing ways people live and work. Work-from-home lounges and co-working areas sit alongside a library, music room, games room, cinema facilities, and open-air terrace spaces, providing residents with flexible environments that can adapt throughout the day.

[smartcode_project:default project_id=151921 project_image_fid=367468]

Beyond the internal amenity, AURA introduces a series of Japanese-inspired gardens that form a quieter counterpoint to the tower’s social spaces.

Landscaped retreats feature curated outdoor dining, tranquil courtyard seating, fire pit, and a tea house pavilion. Rather than functioning as simple recreational areas, the gardens have been designed as places for reflection and informal gathering, drawing on principles of balance, nature, and calm that underpin the project's broader design philosophy.

[smartcode_project:default project_id=151921 project_image_fid=367810]

The social amenity continues to evolve as residents move higher through the building. Levels 49 and 50 house the Meridian Club, where a lounge bar, conservatory spaces, and private dining rooms take advantage of elevated city views. At the summit of the tower, the exclusive Cumulus Club spans Levels 66 and 67, offering additional lounges, private dining, and meditation and treatment rooms positioned above Melbourne’s skyline.

For OSK Property, the extensive amenity offering reflects a broader focus on wellbeing as a core component of apartment living rather than an added feature.

“Aura stands tall as an exemplar of holistic wellness – its focus on social, physical and mental health culminate in a building that is calming, restorative and relaxing, where residents will have their own sanctuary within the well-connected and sought-after Southbank,” says OSK Property CEO Chong Boon Woon.

[smartcode_project:default project_id=151921 project_image_fid=367796]

AURA’s amenity strategy extends beyond the tower itself through its integration with the wider Melbourne Square precinct.

Residents will have direct access to Kennedy Park, Southbank’s 3,745 sqm landscaped public park, alongside a full-line Woolworths supermarket, childcare centre, hospitality venues, and approximately 1,600 sqm of additional retail planned within AURA’s lower levels. Together, these elements create a highly connected residential environment where daily needs, recreation, and wellness are woven into the fabric of the community.

[smartcode_project:default project_id=151921 project_image_fid=370253]

As Melbourne’s apartment market continues to mature, developments are increasingly judged by the lifestyle they provide beyond individual residences.

Through its combination of wellness facilities, landscaped retreats, social clubs, and precinct-wide amenity, AURA represents a shift toward a more comprehensive model of vertical living, one where shared spaces play as significant a role as the homes themselves.

[smartcode_project_cta:default project_id=151921]

AURA elevates amenity living at Melbourne Square

Builder-developer Scion is the latest to target Sydney's booming Hills Showground Metro precinct, filing plans for more than 100 apartments within walking distance of the station.

Scion has lodged a concurrent rezoning and State Significant Development Application for <a href="https://www.apartments.com.au/new-apartments/27-33-middleton-avenue-castle-hill-nsw-2154">27–33 Middleton Avenue</a>, where it plans to replace four existing homes with an 11 and 14-storey mixed-use development comprising 109 apartments, six affordable housing dwellings, and a ground-floor café.

Designed by BHK Architects, the proposal includes three levels of basement parking with 174 spaces, more than 1,200 sqm of communal open space, and extensive landscaping across the 3,791 sqm site.

The development has been designed as two buildings connected by a recessed wintergarden spine, with the 14-storey building positioned to the south and the 11-storey building to the north.

<img alt="Scion" data-entity-type="file" data-entity-uuid="64dc359d-736b-43b8-87a8-70a8285cab47" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-25%20at%208.47.01%E2%80%AFPM.png?VersionId=PXh.m8id_aevBPHEckPf88wQ2RQThPos" />

The apartment mix has been weighted towards owner-occupiers, with 13 one-bedroom apartments, 55 two-bedroom residences, 31 three-bedroom apartments, six three-bedroom lofts, and four four-bedroom homes. Six apartments will be dedicated as affordable housing in line with the NSW Housing SEPP.

According to the Architectural Design Report by BKH, the proposal seeks to create "a place-responsive architecture" inspired by the natural landscape surrounding Cattai Creek, while strengthening the public domain through landscaping, active frontages and a neighbourhood café.

Atlas Urban, in its Urban Design Report, says the proposal takes a different approach to increasing density around Hills Showground Station by favouring a more slender, vertically articulated built form over a conventional mid-rise outcome. The report argues this allows for greater deep soil planting, improved solar access and a better public domain outcome, while still delivering additional housing close to rapid public transport.

The site sits around 500 metres from Hills Showground Metro Station, within a precinct earmarked for significant residential intensification following the opening of the Sydney Metro Northwest line. Planning documents accompanying the application note that Greater Sydney's population has grown by more than one million people since planning for the precinct first began, reinforcing the need to accelerate housing delivery around existing transport infrastructure.

Scion is expanding its development pipeline which also includes <a href="https://www.apartments.com.au/new-apartments/chatham-west-ryde-2-6-chatham-road-west-ryde-nsw-2114">Chatham in West Ryde</a>, 62 apartments which are approaching completion. They also have a State Significant Development Application with the NSW Government's Housing Delivery Authority for <a href="https://www.apartments.com.au/new-apartments/96-anzac-avenue-west-ryde-nsw-2114">145 apartments on Anzac Avenue</a>, also in West Ryde.

First look: Scion plots Castle Hill apartment development near Hills Showground Metro Station

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?

A trio of Queensland property groups have unveiled plans for a $300 million mixed-use redevelopment of the former Noosa Bowls Club site, a proposal that would deliver more than 200 new homes in one of the Sunshine Coast's most supply-constrained markets.

Kilter Property, Frank Developments and Calile Malouf Investments are behind the plans for the 1.8-hectare site at <a href="https://www.apartments.com.au/new-apartments/99-noosa-drive-noosa-heads-qld-4567">99 Noosa Drive</a>, which would transform the long-vacant site into a new residential precinct featuring 208 apartments, retail, hospitality and public space.

The proposal comes as Noosa continues to grapple with housing affordability and a shortage of permanent accommodation, particularly for key workers. The site's location in Noosa Junction, close to shops, public transport and employment, aligns with the direction of Noosa Council's Housing Strategy, which encourages higher-density housing within established activity centres rather than continued urban expansion.

The draft plans include 48 affordable-by-design apartments and 48 rooming accommodation units aimed at key workers. Around 2,000 sqm of ground-floor retail and food and beverage space would activate the street frontage, alongside a new public town square and landscaped open space.

<img alt="Noosa" data-entity-type="file" data-entity-uuid="2dd02f53-1360-4e51-801e-bfd61a6c980e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-26%20at%208.44.34%E2%80%AFPM.png?VersionId=x1iNs3BSMN6Jy7YUwaBZMHRrrKX2hMpy" />

&nbsp;

Frank Developments Founder and Director Frank Licastro said the development would continue the company's focus on architecturally-led residential projects while addressing one of the region's biggest challenges.

"Not only will this project exude a sense of luxury, it will also enhance not only the built environment but also the surrounding community," Licastro said.

"Noosa's success relies on the people who live and work here. Providing well-designed accommodation for key workers is critical to supporting the local economy and ensuring the Shire can continue to thrive."

Kilter Property Co-Founder Huw Williams said the focus was on delivering additional permanent housing while creating a mixed-use destination that benefits both residents and the wider community.

"Our focus is on delivering a well-considered mixed-use project that provides more permanent housing options, supports local workers and businesses, and delivers an exceptional product for the local market," Williams said.

"The redevelopment vision aligns with the long-term evolution of Noosa Junction as a vibrant activity centre, creating a destination that enhances the area's character while delivering significant economic and community benefits."

Calile Malouf Investments, best known for its role in Brisbane's James Street precinct and The Calile Hotel, will bring its place-making experience to the project. The company recently commenced construction on The Calile Noosa hotel and says the residential development will complement its growing investment in the region.

CMI Director Cal Malouf said the aim was to create a walkable precinct combining housing, retail and hospitality while remaining true to Noosa's character.

"We see a similar opportunity in Noosa to deliver a vibrant, walkable destination that combines exceptional housing, hospitality and retail in one integrated project," Malouf said.

Brisbane-based Cavill Architects has been appointed to design the project.

Noosa Bowls Club to be redeveloped into mixed-use apartment precinct

The top reported sale on the Gold Coast last week was an off the plan deal in the Coast, Surfers Paradise project.

The $3.933 million sale was secured by Highland Project Marketing.

The half floor 601/43 Garfield Terrace offering has 206 sqm and 92 sqm external space.

It is in the Sammut Group project designed by PBD Architects which hit the market recently.

The project is being marketed as offering a 6-star resort style lifestyle, in an absolute beachfront location.

The tower&rsquo;s 43 luxury apartment include 36 half-floor villas between levels 3 to 20, two double-storey &ldquo;sky homes&rdquo;, 10 full-floor sub-penthouses and a penthouse from level 33 to 35.

<a href="/developments/gold-coast-qld?source_news_article_id=103354&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_17.jpg" width="1200" /></a>

Te penthouse comes with 4 master bedrooms with ensuites &amp; walk-in robes, plus a 5th bedroom/study, gourmet kitchen, butler&rsquo;s pantry, expansive living and dining zone, and rooftop alfresco area with private pool.

The 601 sale is the first contracted sale with its price details officially released by the Sutherland Shire, Sydney-based Sammut Group which quickly secured $110m in conditional sales within its ultra-luxury development after submitting the development application last month.

More than half of the 43 beachfront apartments were optioned with a $50,000 holding deposit which will be converted to contracts requiring a 10 per cent deposit.

The contracts will be subject to council approval, which is expected &quot;before Christmas.&quot;

The sales have ranged from $3.5m to $9m at an average of more than $4.5m.&nbsp;

No more than two apartments will be on each floor in what will be the first luxury tower built in central Surfers Paradise since Jade was completed around 15 years ago.

Co-founded in 1993 by brothers John and Allen, Sammut Group follows the vision of their father Paul Sammut, who built over 200 prestigious homes and developments throughout New South Wales.

Half floor offerings have become popular at Surfers Paradise.

Shoreline has half floor three bedroom apartments priced from $1.15 million to $1.8 million.

It has 27 apartments over 17 levels by Marquee Development Partners just across the road from the beach.

One Cannes had a limited number of half floor apartments, set north facing on a premium bend of the Main River.

The project is by Marquee Development Partners.

[smartcode_project:default project_id=97810 project_image_fid=159844]

The top reported sale on the Gold Coast last week was a half floor $3.933 million Coast, Surfers Paradise off the plan sale

jchancellor

Half floor $3.933 million Coast, Surfers Paradise off the plan sale tops Gold Coast sales

The Sunland founder Soheil Abedian and wife Anne have put their Lumiere, Labrador penthouse for July 16 auction.

The Abedians plan to move into Sunland&rsquo;s new tower at 272 Hedges Avenue.

Lumiere was built on Marine Pde in 2015 by Sunland with views over the Broadwater, Wave Break Island, Southport Marina, Pacific Ocean and the Gold Coast hinterland.

Rare black limestone floor tiles are&nbsp;a feature of the 337 sqm space.

<a href="/developments/gold-coast-qld?source_news_article_id=103313&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_14.jpg" width="1200" /></a>

The penthouse includes three parking spaces and storage in the secure basement car park.

The three-bedroom, three bathroom apartment will be offered by Katrina Walsh at Harcourts Coastal who will consider offers before auction.

The highest sale in Lumiere this year was $1,325,000 for a 20th floor subpenthouse with three bedrooms that previously sold at $1.15 million 2015.

It first sold in 2005 at $1,005,000.

Construction of Sunland&rsquo;s 44-storey Hedges Ave tower is close to topping out ahead of its mid-2022 completion.

[smartcode_project:default project_id=5818 project_image_fid=32491]

The $250 million residential tower will have 98 units, with more than 90 per cent of the project&rsquo;s apartments already sold, mostly&nbsp;to local owner-occupiers.

The 1820 sqm site, at 272 Hedges Avenue, was bought by Sunland for $13.4 million in 2017.

Designed by Contreras Earl Architecture, the construction is being delivered by Hutchinson Builders.

Sunland founder Soheil Abedian and wife Anne have put their Lumiere tower penthouse for sale

Lumiere, Labrador penthouse listed by Sunland founder

The champion swimmer Cameron McEvoy has sold his Isle of Capri, Queensland home for $1.4 million, just ahead of travelling to Tokyo in July to compete in his third Olympic Games.

McEvoy bought the townhouse for $1.15m after returning from the Rio Olympics in 2016.

It had been built in 2016.

<a href="/developments/gold-coast-qld?source_news_article_id=103306&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_18.jpg" width="1200" /></a>

McEvoy hoped to secure around $1.5m.

Josh Longhitano of Lucent, Burleigh Heads was marketing the property which is one of four in the development.

Longhitano had been prepared to accept cryptocurrency, including KuCoin.

The champion swimmer Cameron McEvoy sold his Isle of Capri home for $1.4 million

Olympic swimmer Cam McEvoy sells Isle of Capri villa

The luxury Rainbow Bay, Coolangatta apartment development Rockpool, developed and designed by the architect-turned-developer Joe Adsett, has got the go-ahead from the&nbsp;Gold Coast City Council.

The council signed off on the 20 apartment project at 154-156 Marine Parade, a sought-after strip fronting Kirra Beach.

Adsett has gone back to the council to try and increase the building height by another two levels, which would see another two apartments added.

&quot;The proposed development delivers a quality architectural design to deliver a built form that contributes to both the existing and intended character of the area,&quot; the council assessment read.

It was a three-month turnaround from development application lodgement to approval for the highly anticipated project, developed and designed by Adsett, an award-winning Queensland architect.

[smartcode_project:default project_id=94018 project_image_fid=169978]

Adsett secured the prime site late last year from Sunland, who had demolished the two smaller apartment developments on the 1,194 sqm block.

They were planning on constructing four separate towers on the site, which also included&nbsp;the adjoining Greenmount Resort site which Sunland owned. The plans were for&nbsp;247 apartments across four buildings ranging in height from 15 to 17 storeys.

[smartcode_project:default project_id=94018 project_image_fid=169979]

Adsett&#39;s tower is considerably more modest, spanning potentially 14-levels and 45 metres high, if the Gold Coast Council sign-off on the revision.

There will be 18 three bedroom apartments, just two per floor.

The approval included a two-level, four bedroom penthouse which was spread between levels 11 and 12. The change seeks to&nbsp;provide a five-bedroom unit on each of Level 11 and 12 and introduce a smaller, four-bedroom unit on Level 13.

[smartcode_project:default project_id=94018 project_image_fid=169980]

Todd Matheson from KMSM is heading up the sales for Rockpool.

&quot;The response has been unbelievable&quot;, Matheson says, having been&nbsp;inundated with enquiry solely from running a teaser campaign.

The residential-only building has prices starting from around $2.85 million.

The council signed off on the 20 apartment project at 154-156 Marine Parade, a sought-after strip fronting Kirra Beach

Joe Adsett's Rockpool Rainbow Bay apartments get green light after "unbelievable" buyer interest 

The ground-level beachfront garden apartment in Allure, Surfers Paradise has been listed for sale

It is a full floor, 555sq m apartment with four-bedrooms and three-bathrooms.

Russell Rollington of Surfers Paradise First National has the listing of one of only 13 in the Allure complex at 1 Northcliffe Terrace/1 Enderley Avenue.

Rollington sold the sixth floor apartment in the 2007 complex at $3.05 million earlier this year.

<a data-entity-type="" data-entity-uuid="" href="/developments/gold-coast-qld"><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_16.jpg" width="1200" /></a>

The last big sale was in 2018 when the Brisbane based coffee king Phillip Di Bella sold his fourth-floor apartment for $2.8 million having listed it at $3.15 million, having paid $2.85 million in 2015.

The $50 million complex was designed by TVS Architects for Raymar Corporation headed by David Cherry which had amalgamated the site for $6.87 million in 2005.

Four apartments had sold a year before its completion for a combined total of $19 million.

<img alt="" data-entity-type="" data-entity-uuid="" height="798" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/allure_2.jpg" width="1200" />

TVS Architects had worked on prior Raymar-associated developments including Emerald Sands at Surfers Paradise, Sandcastles at Labrador and Trilogy at Budds Beach.

The expressions of interest closes July 8 for the garden apartment.

The entire 8th level apartment with 336 sqm is also for sale. 
&nbsp;

Offers for the Northcliffe Terrace, Surfers Paradise are due July 8


Luxury Allure, Surfers Paradise beachfront garden trophy apartment listed

The ASX-listed national developer Mirvac have sold over half of the apartments in their $180 million Newstead apartment tower Quay.

Quay is one of the two approved apartment building&#39;s in Mirvac&#39;s $1 billion Waterfront Newstead community on Skyring Terrace on the Brisbane River.

Mirvac had just been running a&nbsp;registration&#39;s of interest&nbsp;campaign, with public release starting in the next few weeks.

[smartcode_project:default project_id=90553 project_image_fid=147609]

Quay will comprise 143 one,&nbsp;two and three bedroom apartments priced from $382,000 across its 25 levels. The expansive three and four bedroom sky pavilions start from $2,925,000.

The striking building, designed by Mirvac&#39;s award-winning in-house design team, will feature lush landscaping climbing the tower by landscape architect RPS.

Mirvac Head of Residential Stuart Penklis said there had been significant demand for the premium riverside apartments, which were located on a prime site at 57 Skyring Terrace, at the gateway to the Waterfront Newstead community.

&ldquo;To have the apartments be so well received is a huge achievement and testament to the design and quality of Quay,&rdquo; Penklis said.

[smartcode_project:default project_id=90553 project_image_fid=147612]

&ldquo;From the moment we started work on the sales centre we were inundated with enquiry and had a waiting-list of buyers, with sales predominately made to those already living in the local area or who had purchased or lived in a Mirvac community previously.

&ldquo;We expect the high interest will continue now the apartments are officially released, with demand for premium property in Brisbane remaining extremely strong &ndash; particularly for lifestyle destinations such as Quay, which enjoys a position alongside the Brisbane River, just two kilometres from the CBD and surrounded by vibrant caf&eacute;s, restaurants and retail.&rdquo;

Quay features just seven apartments per level to level 19, and three from level 20 and above.

Mirvac Design and RPS combined to create the lush landscaping up the facade of the building, turning the balconies in to an elevated backyard.

[smartcode_project:default project_id=90553 project_image_fid=147606]

Quay will home one of Brisbane&rsquo;s largest rooftop entertaining areas, complete with a 25 metre infinity edge pool. There will also have be&nbsp;a shared penthouse style kitchen and dining space with views across the Brisbane River and a ground-level wellness retreat, featuring a yoga studio.

Quay features just seven apartments per level to 19, and three from level 20 and above, ensuring each enjoys generous proportions inside, with large sculptured balconies and lush planting providing an &lsquo;elevated backyard&rsquo;.

High ceilings and expansive glass frontages draw in natural light and ventilation, while framing panoramic views of the Brisbane River and city skyline vistas.

Quay follows on from Mirvac&rsquo;s highly successful previous stages at Waterfront Newstead &ndash; Pier, Park and Unison.

The strong sales have prompted Mirvac to bring forward planning for the next apartment release at Waterfront Newstead, with the developer now taking registrations of interest from prospective purchasers.

[smartcode_project_cta: project_id=90553]

Quay is one of the two approved apartment building's in Mirvac's $1 billion Waterfront Newstead community on Skyring Terrace on the Brisbane River

Mirvac secure $95 million of sales at Quay Waterfront, Newstead apartment development

The Melbourne-based&nbsp;Beck development family have secured a landmark site in Coolangatta on the Gold Coast.

Beckdev, headed by property industry veteran Max Beck and his son Ben, has already engaged&nbsp;BDA Architecture to create Palais Coolangatta, an innovative apartment tower&nbsp;on the&nbsp;31-35 McLean Street site.

The double block totalling 2,355 sqm homes Jazzland, one of many jazz halls that popped up in Coolangatta in the late 1930&rsquo;s, as well as a car park.

Ben Beck, a director at Beckdev who relocated to the Gold Coast from Melbourne a few years ago, said they wants the tower to be&nbsp;sympathetic to the nostalgia and history of the location.

&ldquo;This site holds an important part of the history of Coolangatta and our final design will reflect that,&rdquo; Beck said.

<a href="/developments/gold-coast-qld?source_news_article_id=103162&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_13.jpg" width="1200" /></a>

&ldquo;Our connection to the past underpins our sense of community, so it&rsquo;s our intention to restore, re-use and recreate this unique social heritage to ensure the fa&ccedil;ade and dance floor live on in some form.&rdquo;

Jazzland, which at one stage was known as Jazzland Dance Palais, officially closed in 1951, with its history and building lost to successive commercial and retail tenants for three generations since.

&ldquo;We&rsquo;re delighted to have secured such a prominent site for an exciting new residential development in the heart of Coolangatta, just a stone&rsquo;s throw from one of the Gold Coast&rsquo;s iconic beaches,&quot; Beck added.

&ldquo;We&rsquo;re now working closely with BDA&rsquo;s architects to ensure this project is welcomed by the local community for an innovative design that also pays tribute to a long-forgotten part of our history that delighted so many generations before us.&quot;

About the developer

Max began his career as a carpenter with a major Melbourne building group, Clements Langford, who built the landmark projects, Myer Emporium and the Spires on St Paul&rsquo;s Cathedral.&nbsp;

In 1976, Max established Becton, what was considered&nbsp;a respected and highly successful property development, construction and investment company that jump started his&nbsp;successes&nbsp;in the building and construction industries today.

Ben and Max are renowned for delivering a foray of quality and landmark developments in Sydney and Melbourne, including one of Australia&rsquo;s most important heritage building restorations in 333 Collins Street in Melbourne.

The double block totalling 2,355 sqm homes Jazzland, one of many jazz halls that popped up in Coolangatta in the late 1930’s, as well as a car park

Beckdev secure Coolangatta site, plan apartment tower

Bensons Property Group&rsquo;s Gold Coast landmark development, Chevron One, is set to become the first luxury tower on Chevron Island.

The tower will rise above the new arts and cultural precinct and deliver 236 one, two and three-bedroom apartments designed by international architects Marchese Partners.

&nbsp;

[smartcode_project:default project_id=6515 project_image_fid=167321]

Organic architecture envelops the residence, with the geometry of the balconies creating a dynamic fa&ccedil;ade.

&ldquo;Chevron One&rsquo;s organic sculptural form is inspired by the iconic Gold Coast symbols of the sun, beach and ocean&rdquo;, said Marchese Partners chairman Eugene Marchese.

&nbsp;

[smartcode_project:default project_id=6515 project_image_fid=167320]

The luxury project boasts exceptional interiors, with high-quality finishes, intuitive spaces and spectacular views.

Open plan living spaces and an abundance of natural light showcase the refined elegance of each apartment.

<blockquote>
&ldquo;Chevron One features generous, sweeping balconies that offer expansive views of Surfers Paradise, the hinterland, the river, sandy beaches and the ocean&rdquo; 
Bensons Property Group
</blockquote>

Celebrated chef Shannon Bennett, best known as the head chef of Vuedemonde at Melbourne&#39;s Rialto Tower, has designed the apartment&rsquo;s kitchen.

The functional &ldquo;heart of the home&rdquo; boasts Miele appliances, engineered stone, modern tapware and feature accents that blend with the apartment&rsquo;s design scheme.

Bathrooms are designed to feature semi-frameless glass, wall-mounted vanities and sleek cabinetry illuminated by ambient lighting.

[smartcode_project:default project_id=6515 project_image_fid=68840]

Textured wood-grain cabinetry is also featured in the ensuite of the master bedroom while neutral walls and plush carpets provide opportunities for residents to add their own sense of style.

Residents at Chevron One will enjoy exclusive resort-style amenities of Club One Residents Club, with an area spanning over 1,200 sqm.

&nbsp;

[smartcode_project:default project_id=6515 project_image_fid=68839]

Amenities include a concierge service, a number of swimming pools, a gymnasium, library, residents&rsquo; lounge and dining space, as well as a yoga and sculpture garden.

The outdoor pool and spa also connect to an alfresco barbecue and Teppanyaki dining area, as well as an outdoor cinema.

Two-bedroom apartments in the project begin from just $705,000, with three bedroom apartments priced from $1,175,000. Chevron One is expected to be completed in mid-2023.

[smartcode_project_cta: project_id=6515]

The luxury project boasts exceptional interiors, with high-quality finishes, intuitive spaces and spectacular views

max.kwok_55688

Inside the apartments in Chevron One on the Gold Coast

Just three weeks after submitting their development application, the Sydney-based developer Sammut Group have secured $110 million in conditional sales for Coast, their Surfers Paradise apartment tower.

They&#39;ve secured sales of over 43 of the 49 total apartments, with sales so far ranging between $3.5 million and $9 million, at an average of $4.5 million.

A Sydney buyer, who already has a full floor apartments on the exclusive Garfield Terrace,&nbsp;secured a 610 sqm, full floor apartment in the development.

Sammut Group Director Allen Sammut said the inquiry for the project had been something he had never seen in more than 35 years in the development industry.

<img alt="" height="744" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/coast_1.jpg" width="1200" />

&ldquo;The take up has just been incredible,&rdquo; said Sammut, whose Sydney-based company&rsquo;s brand is synonymous with luxury apartments in the Sutherland Shire area.

&ldquo;We were confident that our luxury residential offering would be well received, although we never anticipated the sheer volume of market uptake we&rsquo;ve witnessed in the past few weeks.&rdquo;

&ldquo;To have our debut Gold Coast project welcomed with such ferocity is a sensational result that only reinforces our commitment to delivering a project that exceeds our buyer&rsquo;s expectations on every front,&rdquo; Sammut added.

There was interest from interstate and local buyers, as well as a purchaser from New Zealand.

&ldquo;The contracts will obviously be subject to DA approval however the project is code assessable and therefore well within the requirements of the town plan.&rdquo;

Coast, designed by PBD Architects and set to soar 35 levels in to sky, will have a wide range of resident amenity, including 32m wet edge pool that wraps from the east to north, wellness facilities including a yoga studio, massage rooms and sauna, function facilities, a residential beach bar and a commercial sized gym.

<img alt="" height="675" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/coast_ocean_bar.jpg" width="1200" />

&ldquo;We threw the whole box and dice at the design of this project because we believe the site was purchased well, and the quality of what we have included in Coast from both luxury apartments and amenities has simply tantalised the market,&rdquo; Sammut said.

Sammut Group Director Allen Sammut said the inquiry for the project had been something he had never seen in more than 35 years in the development industry

Sammut nearly sell-out Surfers Paradise apartment tower just three weeks after lodging DA

The Gold Coast has seen a 238% surge in apartment development site purchases.

Sites along the Gold Coast Light Rail, have been keenly sought acquisitions along with popularity of suburbs such as Burleigh Heads, The Spit and Palm Beach.

Knight Frank calculated the high-density site purchases on the Gold Coast accounted for $167 million or 75% of all Gold Coast residential development sales in 2020, up from 29% the prior year.

The Gold Coast had also witness its residential market shift from being investor-led to owner-occupiers.

The 238% surge in Gold Coast apartment site acquisitions bucked the national trend of declining apartment site sales across all major capital cities, according to Knight Frank Research&rsquo;s Australian Residential Development Review 2021.

[smartcode_project:default project_id=97810 project_image_fid=160630]

The Gold Coast has also experienced greater pressure on their undersupplied rental markets, causing vacancy rates on the Gold Coast to tighten from 1.8% in 2019 to 0.9% in 2020, which in turn pushed rent values up by 1.2%.

First home buyers led the rise in new household loan commitments in both Brisbane and the Gold Coast, increasing their activity by 45% over 2020 in both markets to comprise a 29% share of all new loans approved in Queensland.&nbsp;

Knight Frank&rsquo;s Head of Residential Research, Michelle Ciesielski said the jump in high-density site sales reflects the spotlight being placed on the Gold Coast by local and interstate developers.

&quot;It is a trend we anticipate will continue with more owner-occupiers buying Gold Coast apartments, especially from the downsizing cohort,&quot; she said.

&ldquo;There have been more options for developers down in the Gold Coast and this has been demonstrated in the significant uptick in development site sales in 2020,&quot; Knight Frank Partner, Investment Sales - Queensland, Christian Sandstrom said.

[smartcode_project:default project_id=6515 project_image_fid=68834]

&ldquo;Developers are finding it difficult to locate good residential sites in Brisbane.

&ldquo;Both cities have seen increased population growth in the pandemic, very low residential vacancy attracting ramping up interest from both local and interstate developers.&quot;

Knight Frank’s latest development review report shows there has been a 238 per cent rise in high-density sites sold on the Gold Coast since 2019

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Noosa Bowls Club to be redeveloped into mixed-use apartment precinct

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Noosa Bowls Club to be redeveloped into mixed-use apartment precinct

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