<a href="https://www.apartments.com.au/developers/s-p-setia">SP Setia</a> has lodged plans for a $750 million, three-tower mixed-use precinct that would complete the long-running redevelopment of Carlton's former Carlton United Breweries site.

The proposal at <a href="https://www.apartments.com.au/new-apartments/185-195-queensberry-street-carlton-vic-3053">46-78 Bouverie Street and 185-195 Queensberry Street</a> spans a 6,468 sqm site, the last remaining undeveloped parcels within the former brewery's 2007 masterplan.

Designed by <a href="https://www.apartments.com.au/architects/cox-architecture">COX Architecture</a>, the development will comprise two purpose-built student accommodation towers and a third build-to-sell apartment tower above a shared commercial podium and basement.

Across the three towers, SP Setia is proposing 606 build-to-sell apartments and 1,499 student accommodation units containing 2,009 beds.

The apartments will sit in the tallest tower, which will rise nearly 200m and 55 storeys. It will become&nbsp;one of the more substantial new build-to-sell apartment projects at the northern edge of Melbourne's CBD.

The apartment mix is weighted toward smaller inner-city product, with 188 studios, 206 one-bedroom apartments, 192 two-bedroom apartments and 20 three-bedroom apartments

<img alt="First look: SP Setia plans three-tower finale for Carlton’s former CUB precinct" data-entity-type="file" data-entity-uuid="8271bc87-1b0a-41b7-ac73-a425ee375261" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/3_2.png?VersionId=G4lw23o90B1boX4k4dj7rdz2ZEajS9wy" />

Part of the precinct will be a large-scale&nbsp;3,684 sqm supermarket and a further 2,198 sqm of speciality retail, creating close to 5,900 sqm of new commercial space within the precinct.

But one of the biggest components of the proposal is what sits between the buildings.

Around 4,650 sqm, or roughly 72 per cent of the site, will be publicly accessible open space, incorporating plazas, pedestrian connections, landscaped laneways and retail spill-out areas.

The ground plane is intended to finally complete pedestrian connections envisaged when the CUB masterplan was first approved nearly two decades ago, stitching together Victoria Street, Queensberry Street, Bouverie Street and Swanston Street through the former brewery precinct.

Urbis said the development would "complete the CUB precinct", with the public realm providing important north-south and east-west connections through what is currently the final undeveloped portion of the masterplanned site.

SP Setia is also exploring a new linear park within the Bouverie Street road reserve, with the concept to be developed further with the City of Melbourne through the planning process.

The proposal is being pursued through the Victorian Government's Development Facilitation Program under Clause 53.23 for significant residential development with affordable housing.

The planning report acknowledges the proposed heights exceed those contemplated under the original Comprehensive Development Plan and masterplan, but argues the built-form context has changed considerably over the past two decades.

Urbis said the three towers would instead create a stepped transition between Carlton and the Hoddle Grid, rising progressively from the 94.1-metre Tower One along the Queensberry Street edge to the 199.44-metre Tower Three closer to the established CBD-scale buildings to the south.

<img alt="SP Setia" data-entity-type="file" data-entity-uuid="e885a07a-592c-40fc-bf82-e6dbaf32da54" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-21%20at%208.52.24%E2%80%AFAM.png?VersionId=7s_ErUkSKAdY1mAWp3GRZgMNCGtwhk5m" />

SP Setia plans to deliver the development across three stages.

Stage One would deliver the basement, podium and retail areas for the entire precinct alongside the first student tower. Tower Two would follow in Stage Two, before the 606-apartment Tower Three is delivered as the final stage.

If approved and delivered, the project would close out a redevelopment process that has been underway since the former brewery masterplan was approved in 2007, adding more than 2,600 student beds and apartments to a precinct already home to Swanston Central, the Barak Building, RMIT Design Hub and several large student accommodation developments.

&nbsp;

&nbsp;

Joel Robinson

SP Setia plans three-tower finale for Carlton’s former CUB precinct

Melbourne developer Lowe Living is seeking to add to its growing bayside apartment pipeline, filing plans for a boutique eight-residence development in tightly held Middle Park.

Lowe Living, which has built much of its development portfolio across Melbourne's affluent bayside and south-east suburbs, is behind the plans for the 730 sqm site at <a href="https://www.apartments.com.au/new-apartments/123-125-erskine-street-middle-park-vic-3206">123-125 Erskine Street</a>, just off Armstrong Street and within the Armstrong Street Neighbourhood Activity Centre.

The developer is seeking approval for a five-storey residential building above two basement levels, with just eight large-format apartments and 18 car spaces.

“This is a deliberately very different proposition for us,"&nbsp;Tim Lowe, Co-Founder of Lowe Living, said.

"Eight residences is exceptionally boutique, but that's precisely what this site calls for.

“There is a strong community in Middle Park and the surrounding suburbs who have spent decades building a life here. They no longer want the maintenance of a large period home, but they aren't prepared to compromise on space, quality or location. We think there is a real opportunity to capture that hyper local market. A site like this rarely comes to market.”

<img alt="Lowe " data-entity-type="file" data-entity-uuid="875fe572-0f14-4d90-9e11-55b28dd07731" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-21%20at%208.42.49%E2%80%AFAM.png?VersionId=GDNQRv9BfpR9r1zkZ5UDyUM4ZvpIksut" />

The low-density proposal has been designed by Cera Stribley and is being progressed through the Victorian Government's Great Design Fast Track pathway, having already secured eligibility from the Minister for Planning.

The Office of the Victorian Government Architect supported its eligibility after finding the proposal demonstrated consistency with the program's seven design principles, while the project's financial feasibility has also been independently confirmed by Invest Victoria.

The project is targeting the downsizer market, with the planning documents describing the homes as larger-format residences and noting the two penthouses could otherwise have been configured as four separate apartments.

<img alt="Lowe 2" data-entity-type="file" data-entity-uuid="60ab0987-2da6-4175-adac-315dcf6053c6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-21%20at%208.43.15%E2%80%AFAM.png?VersionId=bOCPH0B2MFwlmaRW.TTCF9TzyifgVoQI" />

The site has dual frontage to Erskine Street and Canterbury Place and currently comprises a collection of commercial buildings used as offices, including a former heritage bakehouse, a former stable, a later gabled addition and a central courtyard.

It sits within the Commercial 1 Zone and the Armstrong Street Commercial Precinct heritage overlay, with the existing property classified as a contributory heritage place.

Heritage has subsequently played a significant role in Cera Stribley's design.

The front section of the former bakehouse facing Erskine Street will be retained, including its return walls, street-facing hipped roof and chimneys, while the Erskine Street façade and part of the western return wall of the former stable will also be incorporated into the new development.

Levels four and five will be set back five metres from the retained stable façade, while bricks removed through demolition are proposed to be salvaged and reused within the new building where possible.

<img alt="Lowe 3" data-entity-type="file" data-entity-uuid="e97927a9-a2de-4a0f-83b6-65451238abfa" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-21%20at%208.43.06%E2%80%AFAM.png?VersionId=VR44AChLrX9q1XPB9GvVQV.ALXXbe4gC" />

Rather than presenting as a single five-storey building to Erskine Street, Cera Stribley has broken the development into a series of distinct forms.

A three-storey infill element will sit between the retained bakehouse and stable façades, with the upper levels recessed behind the heritage fabric. Canterbury Place will similarly feature two three-storey podium forms, separated by a central pedestrian accessway, before the upper two levels step back from the street.

A pedestrian through-link will run through the centre of the project between Erskine Street and Canterbury Place, creating entrances from both sides of the site and introducing landscaping and communal areas through the ground plane.

Landscape architect Acre has designed planting across the ground level, private terraces and upper levels, including a feature canopy tree at level three and integrated planting and arbours across the level four terraces. Five existing Erskine Street trees are proposed to be retained.

Sustainability is also a significant component of the Great Design Fast Track application. The apartments are targeting an average eight-star NatHERS rating, with no residence below 6.5 stars, while the project has achieved a 75 per cent BESS score. Seven of the eight apartments are designed for cross-ventilation, with the remaining residence using mechanically assisted natural ventilation.

The plans also incorporate an 8kWp rooftop solar system, a 5,000-litre rainwater tank and infrastructure allowing future electric vehicle charging for every residence.

Lowe has a strong portfolio across Melbourne's blue-chip suburbs. They recently launched <a href="https://www.apartments.com.au/new-apartments/jardin-house-by-lowe-living-camberwell-335-camberwell-road-camberwell-vic-3124">Jardin House by Lowe Living</a> in Camberwell, their first development in the Stonnington LGA.

Lowe Living unveils Middle Park apartment development

Article summary

<ul data-end="888" data-start="289">
	<li data-end="442" data-section-id="8tsh6o" data-start="289">DVB Projects is preparing to launch its second Gold Coast apartment development, with demolition now underway at 137 Old Burleigh Road, Broadbeach.</li>
	<li data-end="573" data-section-id="1nyxl3e" data-start="443">The 34-level tower will comprise just 49 ultra-luxury residences, including half-floor, full-floor and penthouse apartments.</li>
	<li data-end="717" data-section-id="oiyimj" data-start="574">The launch follows strong demand at DVB's nearby Sea Glass project, which is more than 50 per cent sold and currently under construction.</li>
	<li data-end="888" data-section-id="epk9o9" data-start="718">The development adds to the transformation of Old Burleigh Road, with premium beachfront apartment projects continuing to reshape the tightly held Broadbeach strip.</li>
</ul>

<a href="https://www.apartments.com.au/developers/dvb-projects">DVB Projects</a> is preparing to launch its second Gold Coast apartment development, with demolition now underway on the Broadbeach site as the Sydney developer moves closer to bringing the ultra-luxury project to market.

The 34-level tower at <a href="https://www.apartments.com.au/new-apartments/137-old-burleigh-road-broadbeach-qld-4218">137 Old Burleigh Road</a> will comprise just 49 residences, ranging from half-floor apartments through to full-floor homes and a penthouse. The launch follows the strong sales performance of DVB's nearby Sea Glass development. More than half of the apartments at Sea Glass, on the other side of Broadbeach, have been snapped up, well ahead of its late 2027 completion

<img alt="DVB Projects to commence demolition on $320m Broadbeach luxury tower" data-entity-type="file" data-entity-uuid="2944b4be-c84e-4b54-8dc1-c712e76704c0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/E02_Exterior_Street%20Level%20Entrance.jpg?VersionId=YoNig7pRdrE3HCue7sUj78LzJteeQf3H" />

The start of demolition at 137 Old Burleigh Road signals DVB Projects’ underlying confidence in the Gold Coast’s luxury beachside apartment sector.

“We see the Gold Coast as one of the most compelling lifestyle markets in Australia, particularly at the premium end where demand continues to deepen,” said Dean Brown, Managing Director of DVB.&nbsp;

“This project has been carefully designed to respond to that demand - delivering large-format residences with a level of quality, privacy and amenity that is still relatively rare in the apartment market on the beachside."

Brown says the site itself is "exceptional."

"Old Burleigh Road is one of the most tightly held beachfront strips, and opportunities to deliver a project of this scale and calibre in this location are extremely limited.”

<img alt="DVB Projects to commence demolition on $320m Broadbeach luxury tower" data-entity-type="file" data-entity-uuid="398f377a-c037-455e-9250-0c5e0d84c35b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/I12_FF%20Balcony.jpg?VersionId=NwOiRWGMubR1c8wthuEfggklcja7al9." />

The project will comprise 40 half-floor residences of approximately 260 sqm, alongside eight full-floor residences spanning around 524 sqm.

A single penthouse will crown the building, featuring a private pool, barbecue area, indoor gym and dedicated entertaining spaces.

Residents will have access to a resort-style suite of amenities, including a 20-metre pool with daybeds, a gymnasium, hot and cold plunge pools, a sauna, and private residents’ lounge and dining facilities.

<img alt="DVB Projects to commence demolition on $320m Broadbeach luxury tower" data-entity-type="file" data-entity-uuid="d1642bb0-9a66-4427-a022-dfc0988c6287" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/A02_Pool%20to%20View.jpg?VersionId=c0IXPyn_Gp_Kn3XCwzMrqIVkAdCEwVXP" />

Sales agent Todd Matheson, of <a href="https://www.apartments.com.au/project-marketer/pezet-matheson">Pezet Matheson</a>, which is marketing both 137 Old Burleigh Road and Sea Glass, said 137 Old Burleigh Road would address a clear gap in the market for genuine luxury products.

“There are very few opportunities on the Gold Coast where buyers can secure a residence of this size and quality in a new building,” Matheson said.

“What we’re seeing is a growing cohort of downsizers and interstate buyers who still want space - they’re not willing to compromise on living area, entertaining or finishes.

“This project has been designed with that buyer in mind. It offers the scale of a home, combined with the convenience and security of apartment living, in one of the coast’s most desirable positions.”

<img alt="DVB Projects to commence demolition on $320m Broadbeach luxury tower" data-entity-type="file" data-entity-uuid="59aae0ca-5639-4320-8aca-d0bf60f48e43" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/E01_Exterior%20Hero.jpg?VersionId=DS8Zfy2WtgUEtdfe0TEUuf1W1GfcZq8S" />

Located on a 1,156 sqm site one block from the beachfront, the development will replace an ageing walk-up building and is expected to contribute to the ongoing transformation of the Old Burleigh Road strip into one of the Gold Coast’s most prestigious residential corridors.

With the development moving into the delivery phase, 137 Old Burleigh Road is slated to hit the market later this year.

[smartcode_project_cta:default project_id=145141]

DVB Projects to launch second Broadbeach apartment tower as demolition commences

<a data-end="327" data-is-only-node="" data-start="250" href="https://www.apartments.com.au/developers/norus-projects" rel="noopener" target="_new">Norus Developments</a> has lodged plans for a new apartment development in Clayton that would add further momentum to the suburb's emerging Green Street corridor.

Plans have been lodged for the consolidated site at <a href="https://www.apartments.com.au/new-apartments/1359-1365-centre-road-clayton-vic-3168">1359-1365 Centre Road</a>, where Norus is seeking approval for 218 apartments across a 12-storey apartment building designed by <a href="https://www.apartments.com.au/architects/life-architecture-and-urban-design">Life Architecture</a>.

The proposal sits within the Clayton Major Activity Centre at the threshold of the planned Green Street corridor, a landscaped pedestrian connection intended to improve links through the precinct towards Clayton Railway Station.

The development would replace the site's existing collection of low-scale residential and commercial buildings with a single consolidated building, introducing significantly greater housing density to this part of Centre Road.

A retail tenancy is proposed at ground level to activate the Centre Road frontage, accompanied by transparent street interfaces and landscaping intended to create a more pedestrian-focused edge to the development.

<img alt="First look: Norus Developments plans landscape-led apartment project for Clayton’s emerging Green Street" data-entity-type="file" data-entity-uuid="0a5a763a-d9e9-4253-af2f-88008de27ebf" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Clayton%20a.png?VersionId=S2WJJbat1XVkZwB9SnYtygirXgWHiklX" />

The building has been designed with stepped massing and upper-level setbacks to manage its transition towards surrounding residential properties. The planning report describes the approach as one that integrates the building into the landscape rather than treating landscaping as a secondary element.

"A strong landscape and public realm strategy underpins the proposal," Urbis states in the planning report.

"Public benefits include an affordable housing contribution, a new pocket park, generous landscaped setbacks, deep soil planting and integrated Water Sensitive Urban Design."

The report adds that these elements are intended to create "a permeable, pedestrian-focused ground plane that enhances walkability, supports urban cooling and reinforces the emerging Green Street character."

Biophilic and passive design principles extend through the residential levels, with planting, daylight, natural ventilation and views towards landscaped areas forming part of the amenity strategy.

Parking would be concentrated away from the public realm, with 145 car spaces proposed from the rear laneway rather than dominating the Centre Road frontage.

The proposal follows an extensive pre-application process with the City of Monash. Three formal meetings were held between the project team and Council from December 2025 to March 2026, with the scheme evolving through several concept iterations before the current design was lodged.

The project arrives as Clayton prepares for substantial change around its established activity centre and the wider Suburban Rail Loop precinct. Its position on Centre Road places the development within an existing concentration of shops, services and public transport, while the Green Street connection is intended to strengthen pedestrian access towards Clayton Railway Station.

First look: Norus plans landscape-led apartment project for Clayton’s emerging Green Street

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

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

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

Sydney’s property market is known for high prices, competitive bidding, and mounting pressure on first home buyers. But change is on the horizon.

From late 2025, eligible first home buyers in New South Wales will have access to a new federal government initiative aimed at addressing affordability: the Help to Buy Scheme.&nbsp;

<h2>What is the Help to Buy Scheme?</h2>

The program introduces a shared equity model intended to reduce the upfront cost of entering the property market, particularly in high-demand urban areas such as Sydney.

The scheme operates under a shared ownership structure in which the federal government takes an equity stake of up to 40 per cent for new homes, or 30 per cent for existing dwellings. This arrangement allows eligible buyers to significantly reduce their loan size and avoid the added cost of Lenders Mortgage Insurance (LMI).

Under this model, purchasers can enter the property market with as little as a two per cent deposit, well below the traditional 10 to 20 per cent usually required. The government’s contribution is not a loan but a co-ownership stake in the property. As such, there is no interest or rent charged on its portion.

Because the government’s equity combined with the buyer’s deposit typically meets or exceeds the 20 per cent threshold, LMI does not apply. The remaining balance, generally between 60 and 70 per cent of the property’s value, is financed through a standard home loan with a participating lender.

The government's equity in the property remains in place until the buyer chooses to repay it voluntarily or until the property is sold. Buyers can buy back the government’s share over time, in increments of at least five per cent, depending on their financial situation.

There is no fixed repayment timeline, but the amount to be repaid will be based on the property's market value at the time of repayment, not the original purchase price.

<h2>How do you qualify for the&nbsp;Help to Buy Scheme?</h2>

To qualify for the Help to Buy Scheme, applicants must meet the following conditions:

<ul>
	<li>Be an Australian citizen at least 18 years of age.</li>
	<li>Be a first-home buyer who does not currently own property.</li>
	<li>Intend to live in the property as their primary residence.</li>
	<li>Earn less than $100,000 per year for individuals, or $160,000 for couples.</li>
	<li>Purchase a property within the regional price caps, currently $950,000 in Sydney, though this is expected to rise to approximately $1.3 million ahead of the program’s launch.</li>
</ul>

While the Help to Buy Scheme does not solve affordability challenges across the board, it does offer a more accessible pathway for a defined segment of the market, particularly younger buyers with moderate incomes who have been priced out of traditional lending routes.

The scheme is expected to commence in NSW in late 2025, as part of a national rollout.

Under the new model, purchasers can enter the property market with as little as a two per cent deposit, well below the traditional 10 to 20 per cent usually required

Help to Buy Scheme: What first home buyers in NSW need to know

The First Home Owners Grant (FHOG) is a government initiative designed to help eligible first-time home buyers by offering financial assistance towards the purchase or construction of a new home.

While the FHOG is a nationwide program, it is administered separately by each state and territory, meaning the eligibility criteria, grant amounts, and property requirements can vary depending on your location. This means that the amount available and the conditions attached to the grant will differ, so it is important to check the specific guidelines for your state or territory.

It’s important to note that the FHOG is just one of several incentives available to first home buyers. In most states and territories, the grant is not linked to stamp duty exemptions or concessions, with the exception of the Australian Capital Territory (ACT). The FHOG is typically a one-off payment, reducing the overall cost of purchasing or building a new home before any stamp duty concessions are applied.

Below, we provide a breakdown of the First Home Owner Grants available across Australia, outlining the specific details for each state and territory.

<h2>New South Wales First Home Owner Grant</h2>

First Home Owner Grant: Offers a $10,000 grant for new homes valued up to $600,000. For land purchases and owner-builders, the threshold extends to $750,000.

Stamp Duty Benefits: Provides full stamp duty exemption for homes valued up to $800,000, with concessions available for properties up to $1 million.

<h2>Victoria South Wales First Home Owner Grant</h2>

First Home Owner Grant: Provides a $10,000 grant for first-home buyers purchasing or building new homes valued up to $750,000.

Stamp Duty Benefits: Offers full stamp duty exemption for properties up to $600,000, with concessions available up to $750,000.

<h2>Queensland First Home Owner Grant</h2>

First Home Owner Grant: Offers $30,000 for contracts signed between 20 November 2023 and 30 June 2025. The FHOG applies to new homes valued up to $750,000.

Stamp Duty Concessions: Provides additional concessions for properties valued up to $800,000.

<h2>Western Australia First Home Owner Grant</h2>

&nbsp;

First Home Owner Grant: Offers a $10,000 grant for new homes valued up to $750,000 in the southern regions and up to $1 million in the northern regions.

Stamp Duty Concessions: Available for homes valued up to $600,000 for transactions entered into on or after 9 May 2024.

<h2>Australian Capital Territory First Home Owner Grant</h2>

First Home Owner Grant: Replaced by the Home Buyer Concession Scheme, offering full stamp duty concessions for eligible buyers.

<h2>South Australia First Home Owner Grant</h2>

First Home Owner Grant: Provides up to $15,000 for new homes, including houses, apartments, and townhouses. As of 6 June 2024, there is no property value cap for eligibility.

Stamp Duty Relief: Available for new homes and vacant land purchases.

<h2>Tasmania First Home Owner Grant</h2>

First Home Owner Grant: Offers a $10,000 grant for new homes and off the plan purchases.

Stamp Duty Exemption: Between 18 February 2024 and 30 June 2026, first home buyers of established homes valued up to $750,000 receive a full exemption on property transfer duty.

<h2>Northern Territory First Home Owner Grant</h2>

First Home Owner Grant: The Northern Territory provides a $10,000 grant for new homes only. Additional government grants and concessions are available for first home buyers.

Stamp Duty Exemption: The only stamp duty exemption available to property buyers is the House and Land Package Exemption (HLPE).

Eligibility criteria and application processes differ across states. Prospective buyers should refer to their respective state revenue offices for full details on grant availability, conditions, and additional concessions.

Every First Home Owner Grant for new property by state

In the ever-evolving landscape of sustainable architecture and environmentally conscious design, systems and ratings in place can help determine the energy efficiency of residential buildings in Australia.

Australia has multiple building rating systems that evaluate energy efficiency and sustainability in existing and new building designs.

Some systems assess individual building components, while others provide an overall rating for the entire structure.

A rating system ensures that homes are comfortable and energy-efficient, whether you are buying, renovating, or building.

NatHERS (Nationwide House Energy Rating Scheme) is a common way for new homes to meet energy efficiency requirements.

As new developments continue to shape the urban environment, understanding NatHERS ratings becomes essential for developers and homeowners. This article delves into the concept of NatHERS ratings, their significance, and how they contribute to creating energy-efficient homes.

<h2>What is NatHERS?</h2>

NatHERS is a national initiative implemented by the Australian government to promote energy efficiency in residential buildings. The scheme aims to provide a standardised method for assessing the thermal performance of homes, considering factors such as insulation, orientation, ventilation, and building materials.&nbsp;

NatHERS ratings are the most common way new homes meet the National Construction Code's (NCC's) minimum energy efficiency requirements.&nbsp;

NatHERS assessments provide thermal and whole-home ratings for new homes, townhouses, and apartments.

The rating helps evaluate the energy performance of buildings, guides homeowners and developers to make informed decisions about the energy efficiency of their properties, and encourages the construction of more sustainable, comfortable, and cost-effective homes.

<h2>How NatHERS Ratings Work</h2>

NatHERS ratings are determined through four accredited software tools (AccuRate, BERS Pro, FirstRate5, HERO) using a calculation engine CSIRO developed to predict building temperature based on various factors.

The tools can model complex effects of building mass, insulation, window size, and other elements.

The outcome is a star rating that reflects the building's overall thermal efficiency, indicating how well it can maintain a comfortable indoor temperature without excessive reliance on heating or cooling systems.

The star rating scale ranges from 0 to 10, with a 6-star rating being the minimum requirement for compliance with the National Construction Code (NCC).&nbsp;

Achieving a higher star rating demonstrates a commitment to energy efficiency and sustainability, as the building is better equipped to minimise its environmental impact and reduce long-term energy costs.

Anyone can use NatHERS tools, but accredited assessors can provide certified ratings and professional advice.

<h2>Benefits of Higher NatHERS Ratings</h2>

Energy Efficiency: Buildings with higher NatHERS ratings are more energy-efficient, requiring less heating and cooling energy. This reduces the structure's carbon footprint and lowers occupants' energy bills.

Cost Savings: Homes with higher NatHERS ratings are generally more energy-efficient, resulting in reduced energy consumption for heating and cooling. This translates to lower energy bills for homeowners, making sustainable living environmentally friendly and economically viable in the long run.

Environmental Impact: Lower energy consumption directly translates to a reduced environmental impact. Buildings with higher NatHERS ratings contribute to the overall goal of mitigating climate change by lowering greenhouse gas emissions associated with heating and cooling systems.

Improved Comfort: Buildings with high NatHERS ratings offer better thermal comfort to occupants. Proper insulation, well-designed ventilation, and optimal orientation maintain a consistent and comfortable indoor temperature, providing occupants with a more enjoyable and healthier space.

Market Value and Desirability: Higher NatHERS ratings can enhance the market value of a property. As energy efficiency becomes a more significant consideration for homebuyers, a well-rated building may attract a premium price and stand out in the real estate market.

Compliance with Building Codes: NatHERS ratings are a vital component of the National Construction Code (NCC), and compliance with these ratings is often a mandatory requirement for new developments. Local councils and planning authorities may set minimum energy efficiency standards that must be met to obtain development approval.

The Nationwide House Energy Rating Scheme (NatHERS) is a crucial initiative shaping the future of energy-efficient, resilient, and cost-effective homes. With its recent upgrades, NatHERS has evolved into a world-leading tool for the building sector, supporting the global commitment to achieving net-zero emissions by 2050.

Staff Writer

What is a NatHERS rating in new off the plan apartment developments?

Mixed-use developments have gained significant popularity across Australia in recent years due to their unique blend of residential, commercial, and recreational spaces.

Unlike traditional single-purpose developments, mixed-use projects offer a harmonious integration of various functions within a single locale.

Residential units seamlessly coexist with commercial establishments, retail outlets, dining venues, entertainment hubs, and recreational facilities, with the combination not only enhances convenience but also fosters a vibrant lifestyle and a sense of community.

<h3>Convenience and accessibility</h3>

Mixed-use developments are designed with convenience in mind. They often integrate residential units with commercial spaces, retail outlets, restaurants, and recreational facilities, creating a self-contained community.

[smartcode_project:default project_id=114215 project_image_fid=204874]

The proximity allows residents to enjoy the convenience of having essential amenities and services within walking distance. Whether it's grabbing a cup of coffee, going grocery shopping, or accessing healthcare services, everything is conveniently located, saving residents time and effort.

<h3>Vibrant lifestyle and community</h3>

One of the major advantages of mixed-use developments is the vibrant lifestyle they offer. With a diverse range of amenities and communal spaces, residents have ample opportunities to interact, socialise, and build a sense of community.

[smartcode_project:default project_id=107714 project_image_fid=214122]

The presence of parks, community centres, and shared spaces fosters a lively atmosphere, encouraging residents to engage in various activities and events. The vibrant lifestyle within these developments creates a unique sense of belonging and camaraderie among the residents.

<h3>Potential for higher rental yields and property value appreciation</h3>

Mixed-use developments tend to attract a broad range of tenants and buyers due to their versatile nature. This high demand can result in higher rental yields for investors and potentially lead to property value appreciation over time.

[smartcode_project:default project_id=139989 project_image_fid=212887]

The integration of commercial and retail spaces attracts businesses, which can provide a stable rental income stream. Additionally, the popularity of mixed-use developments often drives up property values, making them a potentially lucrative investment in the long term.

<h3>Enhanced security and maintenance</h3>

Mixed-use developments typically have comprehensive security measures in place. With controlled access points, CCTV surveillance, and professional security staff, residents can enjoy enhanced safety and peace of mind.

[smartcode_project:default project_id=108019 project_image_fid=212658]

Additionally, these developments often have dedicated maintenance teams responsible for the upkeep of common areas, landscaping, and infrastructure. This ensures that the overall appearance and functionality of the development are well-maintained, creating a pleasant living environment for residents.

<h3>Live-work-play balance</h3>

One of the key attractions of mixed-use developments is the ability to achieve a desirable live-work-play balance. The integration of residential and commercial spaces allows residents to live closer to their workplaces, reducing commuting time and improving work-life balance.

The proximity to various amenities and recreational facilities encourages an active and healthy lifestyle. Residents can easily access fitness centres, parks, restaurants, and entertainment options, all within the same development, leading to a more fulfilling and convenient way of life.

alisonwarters@gmail.com

The top five reasons to buy in a mixed-use development

When buying a property, everyone needs to be aware of the additional costs that come as part of the buying process.

Often the largest outlay, after the deposit which goes to the bank, is stamp duty.

<h2 style="line-height: 1.38;">What is Stamp Duty?</h2>

Stamp duty is an extra tax to pay the government when you buy land, a property, and other certain assets.

It happens when the legal ownership is transferred. It can also be known as property transfer duty or transfer duty.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="415" src="https://www.youtube.com/embed/C32BWkB5--c" title="YouTube video player" width="660"></iframe>

<h2>Who pays Stamp Duty?</h2>

In some circumstances, you may get an exemption. For some states, you won’t have to pay for stamp duty if you are a first home buyer or a pensioner for houses under a particular price. There are also stamp duty concessions, where you may be entitled to a discount.

<h2>How much does Stamp Duty cost?</h2>

Each state has different rules which affect how much you need to pay. These rules can affect the rate you pay, and the timeframe you will need to pay in. Before you buy land or a property, make sure you check the up-to-date information for your state’s stamp duty.

You can use a free stamp duty calculator online to see approximately how much you’ll need to pay. Find out if you’re eligible for an exemption by enquiring on a project via Urban!

Overall, the stamp duty you need to pay will depend on:

<ul>
	<li aria-level="1">How much your land/property is worth</li>
	<li aria-level="1">Where your land/property is located</li>
	<li aria-level="1">What type of land/property it is</li>
</ul>

Want to find out more? <a href="https://www.youtube.com/@UrbanAustralia?utm_source=YouTube&amp;utm_medium=Video&amp;utm_campaign=Subscribe&amp;utm_id=Subscribe">Subscribe to our YouTube channel</a> for more property videos.

Ellen Walker

Off-the-plan property explained: What is stamp duty?

Chevron Island is undergoing a full regeneration, and buyers are starting to descend on the village-style island just off across the bridge from the lifestyle and entertainment hub of Surfers Paradise.

A new arts precinct HOTA (Home of The Arts), Australia&#39;s largest regional art gallery, brought attention to the small island when the $60 million precinct opened its doors in May.

That&#39;s seen a wave of demand in residential development, from both developers seeking to buy the limited amount of land on the island, and buyers keen on calling the area home.

Marquee Development Partners recently secured a sell-out of their nine-level&nbsp;Stanhill Drive development The&nbsp;Catalina, designed by BDA Architecture and inspired by Art Deco.

There&#39;s set to be a new tower, Greenwich, developed by the Brisbane-focused developer&nbsp;Ention Properties. The&nbsp;New York-inspired apartment project, designed by Ferro Chow Architects, is&nbsp;a reflection of Manhattan&#39;s famous Flatiron building.

Further development is anticipated with Catalyst Health set to create two&nbsp;towers, which will be the tallest on the island, for a vertical retirement village.

There&#39;s currently four apartment developments for sale on the island. Urban has grabbed the highlights.

<h2>Allure</h2>

<h2>Prices: Two-bedrooms from $615,000</h2>

[smartcode_project:default project_id=21132 project_image_fid=33895]

Allure is the 17-level Dalpura Street development of 95 apartments, currently being developed by Macquarie York.

There&#39;s a rooftop infinity pool, barbecue area, residents lounge, a health and fitness centre&nbsp;and a conference lounge.

Expected to be completed in 12 months by Condev Constructions to a design by BDA Architects, Allure only has&nbsp;a handful of apartments left, with over 90 per cent sold.

Each apartment has been designed to make the most of the views of the Gold Coast city skyline, Broadwater and the hinterland.

[smartcode_project:default project_id=21132 project_image_fid=33509]

<h2>Chevron One</h2>

Prices: Two-bedrooms from&nbsp;$705,000

[smartcode_project:default project_id=6515 project_image_fid=68839]

Chevron One is set to be Chevron Island&#39;s first high-rise apartment development when completed in mid-2023.

Currently under construction to a design by Marquee Partners and Bensons Property, who are developing the project, Chevron One will rise 41 levels above the sought-after Stanhill Drive dress circle.

Chevron One&nbsp;is home to nearly 2000 sqm of resort-style amenities, including a residents&rsquo; lounge, floating cinema, dining facilities and sculpted garden.

The on-site luxury amenities also include a private dining facilities, a library, multiple swimming pools, a sculpture garden&nbsp;and more.

[smartcode_project:default project_id=6515 project_image_fid=167319]

<h2>H^BIT^T</h2>

Prices: Two-bedrooms from $595,000

[smartcode_project:default project_id=6648 project_image_fid=172461]

The eight-level H^BIT^T at 17-19 Anembo Street, opposite the Korman Family Park, is currently under construction and will comprise 37&nbsp;two and three-bedroom apartments.

A few apartments have been sold, with interstate and local buyers keen on the Anembo Street development.

The building is the passion project of local construction and development veterans, who have spent the last five decades developing and building residential and commercial projects across South East Queensland.

&quot;This is their own private project. The developers have focused on providing a habitat that will sustain and enrich the residents&#39; lifestyles. They were keen to share their sense of place and make a lasting contribution to the amazing&nbsp;Chevron Island&quot;, Segal said.

The three-bedroom apartments are priced from $920,000.

<h2>Boutique</h2>

Prices: Two-bedrooms from $499,000

[smartcode_project:default project_id=89709]

Boutique has some of the biggest apartments on Chevron Island, with just&nbsp;42 apartments&nbsp;being developed by the Sydney-based Draycon across 16 levels.

The resident-only tower with just two and three-bedroom apartments has been&nbsp;designed by BDA Architecture at&nbsp;17-19 Parneno Street.

There&#39;s a residents lounge with business facilities, individual meeting pods and a kitchenette, as well as a swimming pool with spa, gym and barbecue area. The building is crowned with a rooftop garden with&nbsp;herb and citrus planters and outdoor recreational&nbsp;space.

The development is over 70 per cent sold. Construction began earlier this year, with completion slated for Q4 2022.

A new arts precinct HOTA (Home of The Arts), Australia's largest regional art gallery, brought attention to the small island when the $60 million precinct opened its doors in May.

All of Chevron Island's apartments for sale, as development ramps up

The prominent Sunshine Coast developer Cube Developments has snapped up the last remaining beachfront site on the Sunshine Coast.

The 3,215 sqm block at Bokarina Beach, located between Calounda and Mooloolaba and adjacent to Bokarina Beach, is earmarked for a six level apartment building of up to 75 apartments.

Cube director Scott Juniper says they will be planning something more boutique, offering a point of difference to the other developments in the masterplan.

&quot;Three of the five sites nearby are under construction and are quite large scale, large built form projects, some with over 100 units,&quot; Juniper says, adding that those developments will have ground floor activiation.

Juniper says they are going the other way.

<img alt="" height="622" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/cube_location_2.jpg" width="1200" />

&quot;The market has evolved very quickly&quot;, Juniper said.

&quot;We&#39;re looking to go boutique, with larger format units, and really build to the strength of what&nbsp;Bokarina has become.

&quot;We won&#39;t be having retail at the ground floor. We are designing the area to create an exclusive compound for residents. They will feel special when they enter the building.&quot;

On entry there will be an architectural threshold walk through with draping landscape. Private dining spaces and a gym will feature, and Juniper says they are planning something special with landscaping around the swimming pool.

They&#39;re currently in redesign, having appointed local architect Cameron Sheedy to design the building.

&quot;We really know what we want. The brief is very detailed and that we want it to be boutique, and we felt Cameron was the best person to create our vision.&quot;

The Bokarina project will join Cube&rsquo;s growing Sunshine Coast portfolio, which includes three other residential apartments in neighbouring suburb Birtinya.

This includes the sell-out $27 million project One Prosperity, which is under construction and slated for completion at the end of this year; Curve, a sell-out $37 million project, which is due for completion next month and the recently launched to market &lsquo;Seasons by Cube&rsquo;.

Cube director Scott Juniper says they will be planning something more boutique, offering a point of difference to the other developments in the masterplan

Cube Developments plan, Oasis, boutique apartment development at Bokarina Beach, Sunshine Coast

The ASX-listed developer Mirvac has secured a sell-out of its Tulloch House apartment development, part of their wider $1.2 billion&nbsp;masterplan alongside Eagle Farm Racecourse in Brisbane&#39;s Ascot.

The 84 one, two and three-bedroom apartments and penthouses in Tulloch House sold for between $450,000 to over $2 million. There has been $18 million worth of sales in 2021.

Construction&nbsp;is well advanced,&nbsp;with the eight-level building&nbsp;recently topping out,&nbsp;with work being finalised on the interior joinery fit-out, balconies and the expansive roof terrace.

The apartments feature panoramic views north across the 50 hectare green space of the heritage racecourse and expansive views to the Brisbane city skyline to the south.

[smartcode_project:default project_id=27704 project_image_fid=71319]

Residents are expected to move in at the end of 2021.

Ascot Green is part of Brisbane Racing Club&rsquo;s $1.2 billion masterplan redevelopment of Eagle Farm, which will include apartments, commercial offices, dining, services and a range of entertainment options.

Mirvac has started taking registrations of interest ahead of the launch of the third building in Ascot Green, anticipated to launch either later this year or early next.

Mirvac Head of Residential Stuart Penklis said its reputation as a highly desirable place to live had driven demand for the final apartments in Tulloch House.

[smartcode_project:default project_id=27704 project_image_fid=152793]

&ldquo;While all Tulloch House apartments have now been secured, we have continued to field interest from those wanting a place in the community, prompting us to expedite the timeline for our next chapter of Ascot Green,&rdquo; he said.

&ldquo;We are in the design phase and working to bring this release to the market as soon as possible. While the finer details are being finalised, it will follow in the footsteps of our first two stages, Ascot House and Tulloch House, delivering high quality apartments to this one-of-a-kind location.&rdquo;

Penklis said&nbsp;the rare opportunity to live close to the Brisbane CBD and next to 50 hectares of green open space appealed to buyers.

&ldquo;This is a unique location that can&rsquo;t be replicated elsewhere in the city,&rdquo; he said.

[smartcode_project:default project_id=27556 project_image_fid=71309]

&ldquo;We&rsquo;ve found the opportunity to live with so much green space at the doorstep has been a significant drawcard for buyers, including young professionals, families and downsizers.

&ldquo;As the first residential project of its kind on a racecourse in Australia, we have the opportunity to set the bar for this style of development and have paid careful attention to embracing the historic elements of the site, with the masonry brickwork carrying through the design.

&ldquo;The upcoming building will continue to reflect its surrounds, with a new take on fa&ccedil;ade, interiors and apartment layouts that will deliver a first for the precinct, benefiting the residents who call these truly remarkable apartments home.&rdquo;

Mirvac fast-tracks Eagle Farm Racecourse community following sell-out of Tulloch House, Ascot apartments

The Gold Coast developer Marquee Development Partners has nearly sold out their $85 million One Cannes apartment development between Broadbeach and Surfers Paradise.

The sales update comes just over a month&nbsp;after the development at 1 Cannes Avenue received approval from the Gold Coast City Council.

One Cannes had wrapped up 65 per cent of sales in just 10 days after its launch in May.&nbsp;

Marquee has now launched the two remaining penthouses, which are offered fully customisable in the early stages of development.

[smartcode_project:default project_id=97810 project_image_fid=160632]

The&nbsp;award-winning&nbsp;Plus Architecture has designed the spaces which sit across level 17 of the 17 level building.

They each have four bedrooms, three bathrooms, three car spaces, a media room and an expansive entertainers&#39; kitchen with a butler&#39;s pantry and dry bar.

Marquee Development Partners sales director Azura Griffen said there has been consistent demand from local buyers at One Cannes.

&ldquo;The project has been very well received by luxury downsizers looking for luxury spaces in an idyllic secluded location close to parklands, with a huge range of amenity for buyers to enjoy,&quot; Griffen says.

[smartcode_project:default project_id=97810 project_image_fid=160635]

&ldquo;Drawing an artistic flair from the French Riviera, we are thrilled to be launching One Cannes&rsquo; penthouse collection to the market - offering buyers uncompromising luxury, unparalleled views and expansive living spaces coupled with the finest collection of resort-style facilities.&rdquo;

Both on corner positions of the building, the penthouses are wrapped in floor to ceiling glass windows with each featuring two balconies offering 270-degree views of the Main River, Pacific Ocean, the Hinterland, and the Gold Coast city skyline.

One Cannes will have extensive work from home facilities,&nbsp;a riverfront infinity pool with&nbsp;cabanas and sun lounges, a gym with&nbsp;sauna, and a yoga and pilates studio oriented towards the adjoining parklands.

[smartcode_project:default project_id=97810 project_image_fid=160630]

The project also draws inspiration the QANTAS first class lounges to offer a business lounge, boardroom, private offices, and meeting rooms for residents.

[smartcode_project_cta: project_id=97810]

One Cannes had wrapped up 65 per cent of sales in just 10 days after its launch in May

One Cannes, Surfers Paradise apartments near sell-out, launch penthouses

The Gold Coast is set to see one of its biggest ever residential resort-style developments.

The Shanghai-headquartered international property developer SPG Land, in a joint-venture with Australian developer Gordon Corp, has lodged plans for nearly 800 apartments to be built across three towers in the heart of Surfers Paradise.

They will be anchored by a new ground-level retail and dining plaza at the street level Ferny Avenue. The 1.15 hectare site will be bounded by Ferny Ave, one of Surfers main streets, as well as&nbsp;Surfers Paradise Boulevard, Pandanus Avenue and Ocean Avenue near the Surfers Paradise North light rail station.

[smartcode_project:default project_id=106566 project_image_fid=185856]

The 38, 40 and 42 level towers will home 792 apartments and two swimming pools, one a suspended glass-bottom lap pool set on the 26th level, a Gold Coast first.

There will also be an infinity lagoon pool on the podium level.

Each tower will have its own podium level interconnected by walkways to create a unique elevated &lsquo;seaside village&rsquo; for residents, with each tower podium offering separate resort amenities.

The towers, designed by Rothelowman,&nbsp;will also have&nbsp;their own dedicated sky lounges occupying the entire 26th level, each with customised amenities. Penthouse owners will have the added exclusivity of access to their own private rooftop gardens and recreation areas.

[smartcode_project:default project_id=106566 project_image_fid=185862]

SPG Land chairman David Wang described the proposed Surfers Paradise development as a flagship project for the company that will create a sought-after destination in the city&rsquo;s traditional tourism heart.

&ldquo;This is a transformational development, not only for Surfers Paradise but for the Gold Coast more broadly,&rdquo;&nbsp;Wang said. &ldquo;We have had a long association with the Gold Coast, and it&rsquo;s especially exciting that we have been able to enlist the talents of a remarkable local team to bring this project to fruition.

&ldquo;Our development is not only destined to be an exciting new residential address, but a new public space that everyone can enjoy whether they&rsquo;re taking a shortcut to the beach or settling in with friends in the plaza for a morning coffee or an alfresco lunch.&rdquo;

Tim Gordon of Gordon Corp said the partnership&nbsp;would be a game changer for the Gold Coast.

[smartcode_project:default project_id=106566 project_image_fid=185859]

&ldquo;We are absolutely delighted to be involved in this project with SPG Land,&rdquo; Gordon said. &ldquo;This will be a landmark project for the Gold Coast that will be an internationally recognised destination.&rdquo;

&ldquo;We believe this is a project for its time, created by looking to the past to find what made Surfers Paradise such an iconic address for generations.&rdquo;

Project Overview:

Tower 1:&nbsp;The heart of the proposed project, Tower 1 has been designed with a dynamic, social and youthful theme offering all residents access to the tower&rsquo;s main pool and a separate lounge pool complete with a pool bar and all-day dining facilities, VIP dining area, a day-care centre, a barbecue area and a resident&rsquo;s gym and yoga garden with the sky lounge featuring co- working spaces, bar, indoor and outdoor seating lounge, and an interactive sky gym.

Tower 2: Tower 2&nbsp;will offer a more peaceful environment suited to families and will have its own indoor and outdoor kids&rsquo; zone, while the sky lounge will boast a sky gym, plus yoga and spa facilities.

Tower 3: The third tower&nbsp;will deliver a level of luxury and sophistication sought by the mature lifestyle buyer with the podium encompassing its own caf&eacute;, breakfast and dining terraces, a library and meeting rooms while the sky lounge will feature the city&rsquo;s first suspended lap pool, a cigar lounge and wine bar.

[smartcode_project:default project_id=106566 project_image_fid=185858]

About the developer

SPG Land was founded in&nbsp;Australia&nbsp;in 1998,&nbsp;with a focus on high-end real estate and premium hospitality assets. SPG Land has delivered 56 projects in the Asia-Pacific region over the past 23 years.

Among the company&rsquo;s landmark developments globally is the $US857 million The Peninsula Hotel Shanghai, which opened in stages from 2009, and the Global 188 twin-tower project in Suzhou.

On the Gold Coast, the company has undertaken the $162 million Cambridge Residences at Robina comprising 386 apartments across four towers.

The towers, designed by Rothelowman, will also have their own dedicated sky lounges occupying the entire 26th level, each with customised amenities

Landmark $800 million Surfers Paradise apartment towers to be one of the Gold Coast's biggest resort-style developments

Brisbane&#39;s top apartment sale over the past week was $3.35 million in Newstead.

The 2302/12 Cunningham Street, Newstead apartment comes with four bedrooms and three bathooms.

The 315 sqm space showcases a bespoke Patricia Szonert design. With a North East aspect over the Brisbane river, the penthouse sits on the 23rd floor.

There is a secure express lift access to the penthouse from the four cap spaces.

&nbsp;

[smartcode_project:default project_id=102309 project_image_fid=163977]

The occupants of Haven Residences have access to rooftop amenities including pool, BBQ area, fire pit, alfresco dining areas, and yoga lawn.

It is close to Gasworks array of restaurants, cafes and shopping.

It was sold by private treaty through Phillip Rand at Bold Residential.

It first sold at $3.4 million in 2017.

The past week saw just 18 auctions with an 18.8% success rate.

Nationally there were 535 apartment offerings with a 66.8% success rate at a $718,000 median sale price.

The 2302/12 Cunningham Street, Newstead apartment comes with four bedrooms and three bathooms


jchancellor-FAypfDUnLy

$3.35 million Haven, Newstead penthouse tops Brisbane's recent sale results

New Farm is set for an architecturally modern boutique apartment development, continuing the luxury downsizer trend in the inner Brisbane riverfront suburb.

The latest development at 25 Harcourt Street will see two early 1960s apartment blocks demolished and five apartments designed by Tim Stewart Architects in landscaping by Forme Landscape Architects built in its place.

J.J.K. Properties, directed by the Melbourne-based developer John and James Kaias, are behind the development. The brother&rsquo;s are directors at Abcor, the engineering firm founded by their father Greg. It&#39;s not the Kaias&#39; first development in Brisbane. They are also&nbsp;building a 45-level office tower in the Brisbane CBD.

The seven storey building will have five apartments levels. There will be two two-bedroom apartments and three three-bedroom apartments.

The first level apartment has wrap around landscaping with its own private pool and fire put area. Each apartment has a large outdoor area with an outdoor kitchen and dining space.

<a href="/developments/brisbane-qld?source_news_article_id=106444&amp;ref=news_body_link"><img alt="" height="800" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/template_photoshop_brisbane_6.jpg" width="1200" /></a>

The aim is for a &#39;skyhome&#39; typology, according to the assessment report submitted by URBIS, with each apartment occupying the full floor of the building.

&quot;This provides a level of amenity commensurate with that of a house, with large living areas and no shared common walls with neighbouring apartments.&nbsp;

&quot;The proposal represents a contemporary residential offer that provides housing choice and diversity in terms of dwelling style and density (delivering a premium, luxury housing product), whilst considering the surrounding built form and character. The development capitalises on Brisbane&rsquo;s subtropical climate by creating functional private terrace and rooftop terrace space to promote the use of outdoor space. - the development application by Urbis says.

The apartments are designed to provide a &lsquo;skyhome&rsquo; typology with each apartment occupying the full floor of the building. This provides a level of amenity commensurate with that of a house, with large living areas and no shared common walls with neighbouring apartments.&nbsp;

The&nbsp;development site adjoins the heritage-listed Ermabrae, built in the 1900s, to the north, and Merillon Flats to the east.

&nbsp;

&nbsp;

The aim is for a 'skyhome' typology, according to the assessment report submitted by URBIS


Melbourne developer targets luxury downsizer in boutique New Farm apartment development

There were a number of development updates and lodged plans up and down the Gold Coast over June, as well as a sales update considered by many as one of the best selling towers ever seen on the Gold Coast.

Urban has wrapped up the movements on the Gold Coast across June.

Seven boss Ryan Stokes lodges plans for Palm Beach apartment development Akuna

The Seven Group media heir Ryan Stokes is set to develop an apartment block on his recently acquired double block on Gold Coast’s Palm Beach.

<a data-entity-type="" data-entity-uuid="" href="/news/qld/seven-boss-ryan-stokes-lodges-plans-for-palm-beach-apartment-development-akuna"><img alt="" height="737" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/akuna_4.jpg" width="1200" /></a>

Stokes, managing director and&nbsp;chief executive of Seven Group Holdings which his father Kerry Stokes founded in 1991, has lodged plans for Akuna, a boutique block of just 13 apartments designed by the Brisbane-based Modulus Architecture at 39-41 Jefferson Lane, Palm Beach.

For more information, <a href="/news/qld/seven-boss-ryan-stokes-lodges-plans-for-palm-beach-apartment-development-akuna">click here</a>.

Cru Collective submit plans for Kirra Beach apartment development

Having recently completed its Palm Beach apartment development Siarn,&nbsp;Gold Coast developer&nbsp;Cru Collective&nbsp;has lodged a development application for an exclusive&nbsp;collection of full floor apartments on&nbsp;the sought-after Kirra beachfront.

<a data-entity-type="" data-entity-uuid="" href="/news/qld/cru-collective-submit-plans-for-luxury-kirra-beach-apartment-development"><img alt="" height="800" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/cru_2_0.jpg" width="1200" /></a>

The site at 2 Musgrave Street will become a boutique tower of just 11 beachfront apartments, each with three bedrooms and internal living space of over 280 sqm.

Each apartment will have two living areas, a butler’s pantry, wine cellar and a&nbsp;dry bar. Secure lift access will lead to each residence’s private foyer.

For more information, <a href="/news/qld/cru-collective-submit-plans-for-luxury-kirra-beach-apartment-development">click here</a>.

S&amp;S Projects lodge plans for mixed-use Coolangatta development Esprit

Fresh off the success of their nearby Flow and Awaken Residences, the Gold Coast&nbsp;developer S&amp;S Projects has lodged plans for its latest coastal development.

<a href="/news/qld/first-look-s-s-projects-lodge-plans-for-mixed-use-coolangatta-development-esprit"><img alt="" data-entity-type="" data-entity-uuid="" height="726" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/esprit_3.jpg" width="1200" /></a>

They're set to develop a mixed-use precinct at&nbsp;217-227 Boundary Street Coolangatta, a few streets back from Rainbow Bay.

Above ground level retail will be two interconnected buildings designed by&nbsp;Cottee Parker Architects&nbsp;totalling&nbsp;96 apartments.

The main residential tower will have 72-two bedroom apartments and 19-three bedroom apartments across 12 levels.

For more information, <a href="/news/qld/first-look-s-s-projects-lodge-plans-for-mixed-use-coolangatta-development-esprit">click here</a>.

Sammut nearly sell-out Surfers Paradise apartment tower just three weeks after lodging DA

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.

<a href="/news/qld/sammut-nearly-sell-out-surfers-paradise-apartment-tower-just-three-weeks-after-lodging-da"><img alt="" data-entity-type="" data-entity-uuid="" height="675" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/coast_ocean_bar_0.jpg" width="1200" /></a>

They'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.

For more information, <a href="/news/qld/sammut-nearly-sell-out-surfers-paradise-apartment-tower-just-three-weeks-after-lodging-da">click here.</a>

De-Luxe apartments set to tower over Old Burleigh Theatre site

In the 1930s the Old Burleigh Theatre&nbsp;was a popular cinema and&nbsp;dance hall.

<a href="/news/qld/de-luxe-apartments-set-to-tower-over-old-burleigh-theatre-site"><img alt="" data-entity-type="" data-entity-uuid="" height="726" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/de_luxe_1.jpg" width="1200" /></a>

The Goodwin Terrace building is now set to start its new life as a mixed-use development, with the Sydney-based developers Weiya Holdings&nbsp;receiving&nbsp;sign off from the Gold Coast Council to create a new local hotspot.

The development&nbsp;will be&nbsp;the first ever adaptive re-use of a building with heritage elements on the Gold Coast.

There will be 30 apartments designed by the Brisbane-based architecture firm Conrad Gargett, who specialise in heritage restoration.

For more information, <a href="/news/qld/de-luxe-apartments-set-to-tower-over-old-burleigh-theatre-site">click here</a>.

Urban has wrapped up the movements on the Gold Coast across June

Development update: What happened on the Gold Coast in June?

Offering a collection 27 one, two and three-bedroom townhomes, Ascent is the newest development to hit the Sunshine Coast.

Situated at 19 Ellis Way, each residence offers an open plan layout with natural light and an undeniable feeling of space.

The home harmonises perfectly with the relaxed lifestyle of the Sunshine Coast, with residents enjoying parklands, schools, shops and restaurants just minutes away.

[smartcode_project:default project_id=27638 project_image_fid=83429]

&ldquo;A beacon for informed investors and the young professional alike, all eager to settle and enjoy living in this ultimate location&rdquo;, the developers said.

Architecturally designed, the project features a sophisticated design, timber features and thermal chimney skylights.

Ascent incorporates a stylish blend of sophistication and modern design offering buyers the best of both worlds with low-maintenance townhouse living and low body corporate fees.

[smartcode_project:default project_id=27638 project_image_fid=83430]

Some of the home&rsquo;s features include louvred windows, stone benches, generous balconies and a single lock-up garage.

The development is conveniently located less than ten minutes to Caloundra Business District.

[smartcode_project_cta: project_id=27638]

The home harmonises perfectly with the relaxed lifestyle of the Sunshine Coast, with residents enjoying parklands, schools, shops and restaurants just minutes away

max.kwok_55688

A look at Ascent, the latest townhouse development in Sunshine Coast’s Meridan Plains 

CFMG Capital has expanded its Queensland portfolio with the acquisition of a new development site at Yandina on the Sunshine Coast.

The acquisition adds to its project pipeline of projects worth more than $450 million.

The project pipeline is servicing the significant demand for vacant residential land located within inner-ring suburbs of major capital cities.

Set in the Northern growth corridor The Outlook at Yandina will be developed as a boutique residential community just 20 minutes from Coolum.
 
There will be 21 residential homesites with views through the leafy hillside towards the ocean. Lots will be priced from $330,000
 
The project is fully approved with construction due to commence in June.
 
The site, acquired off-market direct with the vendor, has a total on-completion value of $7.3 million.
 
CFMG Capital has also secured project sites at Burpengary and Bellmere elsewhere in the Northern growth corridor.
 
These strategic acquisitions together with other recently acquired project sites take the total project pipeline to more than 1,500 allotments.

Its Queensland sites are: Elevate, Ormeau Hills;
Middleton Park, Logan Reserve;
Lomandra Park, Bridgeman Downs;
Mayfair Lane, Rochedale;
Solander, Park Ridge;
Birchwood Estate, Park Ridge; and
The Outlook, Yandina.
 
The company operates two core divisions; a residential communities development business with a pipeline of more than 1,500 lots and a residential funds management business that has raised more than $100 million in third-party equity.
 
The acquisitions are funded through new capital raisings via the CFMG Land & Opportunity Fund
 
Over the last 12 months to fund has returned approximately $13 million to investors at the forecast rate of return per annum with many investors rolling their capital back into the fund. 

Since January 2021, new funds raised by the CFMG Land & Opportunity Fund have offered a targeted return ranging from 8.95% to 10.95%
 
CFMG Capital General Manager Andrew Thomson said the new sites provided a good opportunity to add new lots after with CFMG Capital having transacted $135 million in vacant land allotments in the last financial year.
 
Since the start of HomeBuilder in June last year, it secured more than 450 sales across its projects.
 
“We are now reaching the stage we need to replenish our pipeline, particularly in Queensland, to be ready for the next stage of growth.
 
“Migration to Queensland is approaching the best levels in years, which means strong demand for new house and land in high growth corridors.”
 
CFMG Capital has two residential subdivisions in Victoria, The Millstone, Melton South and Acacia Village, Wollert.

It also has a presence at Newcastle in New South Wales.
 

CFMG Capital has a pipeline of projects worth more than $450 million

Latest Queensland Property News

DVB Projects to launch second Broadbeach apartment tower as demolition commences

Editor's Picks

Developments

New apartments

New townhouses

News

Latest Queensland Property News

DVB Projects to launch second Broadbeach apartment tower as demolition commences

Editor's Picks

Receive the latest news stories to your inbox

Developments

New apartments

New townhouses

News