<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?

A 27nd floor apartment in the 2017 Brisbane City complex Abian Residences has been sold for $3.1 million.

The sale by Ray White agent James McKinlay was the three bedroom, two bathroom at 3202/140 Alice Street.

It had previously sold off the plan in 2014 by Sunland at $2,705,000.

It came with floor to ceiling glass showcasing views across the Botanic Gardens and the Brisbane River and beyond to the Kangaroo Point Cliffs.

There was a vast living area is positioned at the centre of the apartment, plus a combined lounge and dining space, sleek kitchen and two separate balconies.

<a href="/developments/brisbane-qld?source_news_article_id=101203&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_3.jpg" width="1200" /></a>

Occupying the east wing of the residence, the master bedroom had a luxe ensuite with underfloor heating and electric bidet.&nbsp;

The other two bedrooms are positioned on the west side, sharing river views.

Abian&#39;s facilities including a dual lane 25m lap pool and spa, fully equipped state-of-the-art Technogym, plunge pool, Hammam thermal stone room, sauna, steam room and massage treatment rooms.

Sunland secured its sellout in late 2015 in the 41-storey Abian tower development, located at the entrance to Brisbane&rsquo;s historic Botanic Gardens.

Abian, which was Brisbane&rsquo;s first luxury tower project in more than five years, comprises 150 luxury dwellings with an end value of $240 million.

There is a fresh listing of a sub penthouse - 3-bedroom + office - through Veronica Royal featuring 23-metre glass frontage at 2703.

It first traded at $2.69 million off the plan in 2014.

Ray White secured the $3.1 million Abian Residences trophy apartment sale 

jchancellor-FAypfDUnLy

$3.1 million Abian Residences, Brisbane City Sunland-built trophy apartment sale

Queen&rsquo;s Wharf Residences is the latest development by one of Australasia&rsquo;s largest developers, Far East Consortium.

Set to become one of the tallest buildings in the new $3.6 billion precinct, the 667-residence building still boasts a selection of one and three-bedroom residents available for purchase.

Urban takes a look at six reasons you should consider one of these apartments at Queen&rsquo;s Wharf. 
&nbsp;

1. Developed by Far East Consortium

[smartcode_project:default project_id=13276 project_image_fid=80721]

Far East Consortium is an international property development company with a strong Australian presence.

Established in 1960, the development group is now one of Asia&rsquo;s largest property developers, publicly listed on the Hong Kong Stock Exchange and contributing significantly to the Melbourne and Perth skyline.

The group has delivered urban renewal redevelopments equating to over $2 billion of completed projects with projects in excess of $7 billion across Brisbane, Gold Coast, Melbourne, Perth and Sydney in its pipeline.

2. Great architectural design

[smartcode_project:default project_id=13276 project_image_fid=80726]

The one, two and three-bedroom residences at Queen&rsquo;s Wharf have been curated by Cottee Parker to deliver the most to its residents.

Each apartment features winter gardens with lift and tilt windows, as well as feature views of the city, Botanic Garden or city views.

Design features in the home include herringbone floor tiles, expansive balconies and natural stone benchtops.

The building is targeting a 6 Green Star &lsquo;design and as built&rsquo; rating and is the largest residential project in Queensland doing so.

3. The ideal location

[smartcode_project:default project_id=13276 project_image_fid=80736]

Situated in Brisbane&rsquo;s historical heart, the project&rsquo;s atrium entrance on George Street directly connects the CBD through to the riverfront.

Queen&rsquo;s Wharf Brisbane is set to become Brisbane&rsquo;s signature landmark and the largest integrated resort development in Australia.

&ldquo;Standing like a mini Manhattan, the city will be framed on all four sides&rdquo;, the project marketing reads.

<blockquote>
&ldquo;To the North by Spring Hill, the Eagle Street riverside to the East, to the South by the City Botanic Gardens and to the West it will have Queen&rsquo;s Wharf.&rdquo;
</blockquote>

4. Heritage buildings

[smartcode_project:default project_id=13276 project_image_fid=80720]

Queen&rsquo;s Wharf is a site of great historical significance, hosting Australia&rsquo;s largest collection of carefully restored heritage buildings.

The precinct will feature iconic contemporary architecture alongside a collection of beautifully restored heritage buildings, including the Brisbane Printing Office.

<blockquote>
&ldquo;[Queen&rsquo;s Wharf] celebrates the precinct&rsquo;s Indigenous and European heritage with interpretative trails and experiences spanning the Brisbane River and ridgeline.&rdquo;
</blockquote>

5. A brand-new precinct

[smartcode_project:default project_id=13276 project_image_fid=80733]

Queens Wharf provides a truly global space to Brisbane&rsquo;s skyline, offering mixed retail tenancies, heritage building conversions and parks,

The 7.5-hectare precinct will welcome tourists and locals, along with a new The Star casino, Queen&rsquo;s Wharf and four international hotels.

Over 50 restaurants and bars will share 40,000sqm of retail space with local and international brands.

&ldquo;There is no better place to live than on the waterfront in one of Australia&#39;s greatest developments.&rdquo;

6. Five-star amenities

[smartcode_project:default project_id=13276 project_image_fid=80732]

Residents can enjoy five-star luxury amenities exclusively for them.

Spread over two levels, facilities include a 22-metre lap pool, spas, yoga spaces, steam room, gym, wine lounge, private dining rooms and cinema.

Among its amenities include:

<ul>
	<li>Level 4 retail and access the pedestrian bridge to South Bank</li>
	<li>World-class gaming lounges on Levels 5 and 6</li>
	<li>Level 6 Ballroom</li>
	<li>Level 7 opens up to a recreational deck community space</li>
</ul>

Urban takes a look at six reasons you should consider one of these apartments at Queen’s Wharf

max.kwok_55688

Six reasons to secure a Brisbane apartment at the luxury Queen’s Wharf development

Vicland Property Group’s two breathtaking apartment buildings at Fortitude Valley offers a modern-day sanctuary in an energised urban village.

A prestigious collaboration by Rothelowman and Bruce Henderson Architects delivers residents a range of versatile, open-plan designs and luxury lifestyle offerings.

[smartcode_project:default project_id=6257 project_image_fid=141412]

The Coterie’s one and two-bedroom apartments deliver sophisticated simplicity, with a clean and functional design.

Separate study zones and sliding doors to some bedrooms enhance flexible living options as buyers seek work-from-home options.

[smartcode_project:default project_id=6257 project_image_fid=141413]

“Designer touches are apparent in every space with the refined treatment of contemporary polished surfaces, textural finishes and confident, monochromatic highlights”, the project marketing reads.

Bedrooms feature oversized mirrored wardrobes, plush carpets and full-height windows to enhance light and deliver views of the city skyline.

Walk-in robes and storage space has also been added to the benefit of homebuyers.

[smartcode_project:default project_id=6257 project_image_fid=141414]

The architects utilise smoky mirror splashbacks and glazing to increase a sense of depth into the home. This is also seen in the bathrooms, which feature bold black accents and simple forms to create a regenerative space.

Ensuites are appointed to most two-bedroom apartments and cleverly crafted.

Preserving the history of the site, the Coterie integrates an original heritage bakery façade and feature a ground-level retail presence.

[smartcode_project:default project_id=6257 project_image_fid=141415]

Residents will also have access to crafted social spaces that come together as two indulgent rooftop retreats, featuring&nbsp;an alfresco dining pavilion, rooftop pool, garden lounge seating and sun decks.

Two-bedroom residences are priced from $536,080, while three-bedroom penthouses begin at $2,310,000.

With limited apartments remaining, and only 1.5-kilometres from Brisbane’s CBD, The Coterie is not one to miss.

A prestigious collaboration by Rothelowman and Bruce Henderson Architects delivers residents a range of versatile, open-plan designs and luxury lifestyle offerings

Inside the two-bedroom apartments at Fortitude Valley’s The Coterie

The Sunshine Coast developer Henzell Property Group has sold-out its collection of terraces in its first stage of The Cove, their $200 million masterplanned community at Pelican Waters

The boutique release of just 15 townhomes and penthouse terraces, dubbed the Terrace Collection, were bought&nbsp;by owner-occupiers, predominantly those who live&nbsp;locally.

The five penthouse terraces were snapped up within a week of their release.

They are part of The Cove&#39;s first stage, Corsica Residences, which comprises 51 residences all up. There&#39;s been 39 sales so far.

Sales have been so quick Henzell have brought forward construction, which could start this month.

[smartcode_project:default project_id=27849 project_image_fid=151643]

Marcus Muir, sales and marketing director at Henzell, said a number of the buyers were attracted by the premium lifestyle on offer for residents in&nbsp;The Cove.&nbsp;

&ldquo;There&rsquo;s been a strong local owner occupier trend, with 80% of buyers from Pelican Waters, and all of them have been drawn by the quality of the residences and the level of exclusive resident amenities that would be right at home in a world-class resort.

&ldquo;We&rsquo;re experiencing exceptional demand across the entire Corsica Residences release which has set a remarkable early pace for our staged program to deliver The Cove&rsquo;s master plan over the next few years.&rdquo;

[smartcode_project:default project_id=27849 project_image_fid=151642]

The Cove will home a number of luxury, resort-inspired amenities including an outdoor lagoon style pool with a swim up bar, set within a tropical landscape and reserved for the exclusive use of residents.

The Cove is the final instalment in the Pelican Waters community which the Henzell family has been developing for more than 30 years.

The master-planned community will be delivered in four stages over the next four years and when completed it will comprise a total of 220 apartments and terrace homes, a grocer and waterfront restaurant.

The five penthouse terraces were snapped up within a week of their release.

Henzell Group secure $12 million Terrace Collection sell-out at The Cove Pelican Waters

The local Gold Coast developer Lacey Group has secured a near sell out of its luxury Palm Beach apartment development, The Monroe.

It was only six weeks ago Lacey Group secured approval from the Gold Coast City Council for the boutique development of just 33 on the&nbsp;Jefferson Lane dress circle.

Two weeks ago the apartments, ranging between $619,000 and $1.79 million, were launched to the market, with local owner-occupiers driving the purchasing.

Made up of a number of two and three bedroom apartments, a townhome and a penthouse, The Monroe also feature a rare&nbsp;expansive rooftop terrace offering 250sqm of recreation space and a pool.&nbsp;

Lacey Group director Adam Lacey says the latest project brings a new dimension to beachside living.

&quot;When designing The Monroe, we put a lot of thought into who our buyers would be and how they would experience living here&quot;, Lacey said.

<img alt="" height="975" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/1789_2.01_interior_2bed_living_dining_r005_b.jpg" width="1500" />

&quot;The project was designed to appeal to local owner occupier downsizers, young professionals and those looking for a lock and leave beachside home.

Early site works for The Monroe are expected to commence by mid this year to pave the way for construction to start. 
 
Jayde Pezet and Todd Matheson, of KM Sales and Marketing, who marketed The Monroe, said&nbsp;65 per cent of sales made were from databases or purchasers who have previously bought in Lacey Group projects.

&ldquo;The number of sales to previous Lacey Group buyers is testament to the quality of project delivered by Adam and the team, and is further evidence of the unprecedented demand for off-the-plan apartments in a market that is becoming increasingly competitive,&rdquo; Pezet said.

Pezet believes quick sell outs will become even more&nbsp;common due to the pressure cooker type situation in the Gold Coast property market.

<a href="/developments/gold-coast-qld?source_news_article_id=101062&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_5.jpg" width="1200" /></a>

&ldquo;There&rsquo;s virtually zero rental vacancy across the city, and this is leading more people to consider buying, however those who do are finding there are dozens of purchasers lining up to make offers on an established property.

&ldquo;In turn, this has prompted an uptick in interest for off-the-plan apartments, so buyers really need to be on a database to ensure they don&rsquo;t miss out.&quot;

The Monroe is the second Lacey Group project to be developed on Jefferson Lane, following the sellout success of the $32million The Jefferson, which was sold out prior to completion in July 2019.

Two weeks ago the apartments, ranging between $619,000 and $1.79 million, were launched to the market, with local owner-occupiers driving the purchasing



Lacey Group all-but sell out Palm Beach project The Monroe

The luxury Gold Coast riverfront apartment development&nbsp;One Cannes has been inundated with enquiry and buyers, with only a few apartments now remaining.

Of the&nbsp;80 two, three and four bedroom apartments designed by&nbsp;Plus Architecture, the majority were sold to local downsizers, demostrating the continued appetite for spacious and ultra-luxurious apartmenst in an unmatched water location for those with shrinking households.

The remaining One Cannes apartments all have&nbsp;water views,&nbsp; entertainers kitchens with European appliances and 40mm stone benchtops, starting from the low $800,000&#39;s, with the four&nbsp;bedroom penthouses priced between $2.7&nbsp;million and $3.5 million.

Urban has taken a closer look at why One Cannes is selling out fast.

[smartcode_project:default project_id=97810 project_image_fid=160635]

The tower has plenty on offer, without even stepping out the lobby, with&nbsp;onsite amenities at the forefront.

The ground floor is home to a riverfront infinity pool surrounded by cabanas and sun lounges, as well as a full-sized gym, sauna, and a yoga and pilates studio, oriented toward the Main River and adjoining parklands.

Plus it makes working from home a breeze with a business lounge, boardroom, private offices and meeting rooms. There are also working offices for solo use.

[smartcode_project:default project_id=97810 project_image_fid=160630]

One Cannes offers oversized apartments wrapped by floor to ceiling glass, and every apartment boasts river views&nbsp;as well as stunning skyline, ocean &amp; hinterland vistas.

The&nbsp;secluded, leafy dress circle enclave is a quite residential address with absolute river and park frontages, all while remaining just a five&nbsp;minute walk to a patrolled beach and cafes.

Every five star home is&nbsp;host to premium finishes, with the hub of the home the entertainers&#39; kitchen with European appliances and 40mm stone benchtops.

[smartcode_project:default project_id=97810 project_image_fid=159844]

Located between Broadbeach and Surfers and surrounded by retail amenity, One Cannes is&nbsp;Marquee&#39;s second successful project along Cannes Avenue, following their sellout Cannes Waterfront Living.

One Cannes marks Marquee&rsquo;s seventh project on the Gold Coast, bringing its total portfolio value of completed and future projects on the Gold Coast to more than $400 million.

One Cannes has plenty on offer without even stepping out the lobby with a five-star resort style amenities inspired by the French Riviera spread across two full levels

jordan_55689

Why One Cannes in Surfers Paradise should be on buyer's shortlist

A half floor apartment in the Gold Coast Sentinel apartment complex has been sold for $1,235,000.

It sold last week through Ray White agent Jackson Paradise.

[smartcode_project:default project_id=97810 project_image_fid=160635]

The apartment had last traded in 2016 at $855,000. It first sold at $650,000 in 2002.

The apartment has 187 sqm of space occupying half of the 11th floor.

It is in a 30 storey residential-only building completed in 2001 by the Willemsen Group.

The Sentinel apartment offers views of the city skyline, river, Broadwater, mountains and beyond.

The master suite with walk in robe and ensuite is separated from the other two bedrooms by the living, entertaining, kitchen and dining areas, plus a separate home office.

Its facilities include a riverfront infinity edge swimming pool and BBQ area, gymnasium and indoor and outdoor entertaining areas surrounded by manicured lawns and gardens in the quiet riverfront enclave known as Budds Beach.

 
&nbsp;

A half floor apartment in the Gold Coast Sentinel apartment complex has been sold for $1,235,000

jchancellor

$1.23 million Sentinel, Surfers Paradise half floor trophy apartment sale

South East Queensland is arguably experiencing its strongest market in two decades, but it&#39;s not all down to the impact of COVID-19.

Mosaic Property founder and managing director Brook Monahan&nbsp;says&nbsp;the pandemic just brought forward the anticipated boom.

&quot;We had been saying,&nbsp;well before COVID-19 hit, that we&nbsp;expected the market to boom around mid 2021&quot; Monahan said.

&quot;Rather than creating the boom, COVID just brought it forward six&nbsp;months or so.

&quot;COVID just exacerbated existing trends,&quot; Monahan noted, adding that the interstate migration trend had been running hard since early to mid-2018.

&quot;There was nothing new, apart from the fact COVID shone a spotlight on SEQ which had all of the components for a better lifestyle. It&#39;s affordability, solid infrastructure and pipeline and the fact it&#39;s a great place to live were key components of our market before COVID.&quot;

Monahan naturally highlighted the impacts of generous housing stimulus and fiscal support due to the pandemic keeping the property and job market afloat, but stopped short of suggesting those were the only reasons for the current boom times.

<img alt="" height="880" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/dawn_main.jpg" width="1200" /> 
Mosaic&#39;s Mermaid Beach development Dawn. Image supplied

He cited the availability of credit and ongoing low interest rates as other key drivers.

There&#39;s also the fact that, apart from those who work in either the retail or aviation fields, many&nbsp;have increased their savings rates with the lack of expenditure on the likes of overseas travel and are putting their money in to the property market. And that&#39;s brought about the best market SEQ has seen in 20 years.

&quot;It&#39;s been a long-time coming,&quot; Monahan says.

&quot;We haven&#39;t seen a genuine broad based boom in SEQ since late 2001, which lasted until around early 2004,&quot; Monahan said.

Monahan just missed the boat on the last boom,&nbsp;founding&nbsp;Mosaic in 2004. But there&#39;s no looking back for Monahan, who initially started off restoring and building Queenslanders in Brisbane&#39;s affluent suburbs some 17 years ago.

Post the GFC, the company moved in to producing higher density projects, albeit relatively low density compared to the rest of the Brisbane market.

The change in demand for the larger&nbsp;owner-occupier hasn&#39;t caught the team cold either. Their projects have always been geared toward owner-occupiers.

The&nbsp;owner-occupier demographic has the key driver of the booming&nbsp;Gold Coast market for the last 12 months or so, with Mosaic seeing some of the quickest sales ever seen in the coastal Queensland hotspot.

Mosaic sold-out their&nbsp;$128 million Bela by Mosaic on Peerless Avenue, so when the opportunity arose to create a project less than 100 metres, Mosaic took the opportunity and launched Dawn.

&quot;We had a heap of buyers who missed out on Bela who were immediately interested in Dawn&quot;, Monahan said. They saw the 30 level, 87 apartment tower, comprising just&nbsp;two and three bedroom apartments, sell out within two weeks of its launch.

<img alt="" height="761" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/dawn_mosaic_2.jpg" width="1200" />

Apart from a few buyers from Melbourne and Brisbane buying apartments as a second home, around 75 to 80 per cent were local owner-occupiers.

Mosaic are set to launch a couple more projects in 2021, having all-but sold out of their current portfolio on the market.

They still have a few apartments left in their Toowong project&nbsp;Kensington in Toowong, their&nbsp;eighth&nbsp;project the company have developed in Brisbane&#39;s inner west.

[smartcode_project:default project_id=93863 project_image_fid=160903]

Designed in partnership with&nbsp;Cottee Parker, Kensington by Mosaic will home 63 two and three bedroom apartments and one penthouse over nine levels.

There will be a communal rooftop entertainment area with an infinity-edge pool, sun deck, barbecue and dining areas.&nbsp;

Kensington by Mosaic is not farm from Mosaic&#39;s sold out The Patterson. The 62 apartments, predominantly secured local owner-occupiers, took just four weeks for 90 per cent of the $72 million building to sell last October.

Urban recently spoke with Mosaic Property Group founder Brook Monahan about the SEQ market

COVID didn't trigger the SEQ market boom, it just brought it forward: Five minutes with Mosaic Property boss Brook Monahan

A $4.1 million sub-penthouse sale has been secured in the recently completed 31 Broadbeach development on the Gold Coast.

Kollosche Prestige secured the Broadbeach sale.

The 21/31 Broadbeach Boulevard apartment first sold in 2018 at $3.55 million.

In the past six months there have been five sales between $3.6 million and $3.85 million direct from the developer, Optimus Developments, which was established in 2013.

The top floor sold in 2018 at $5.2 million.&nbsp;

The recently completed $65 million 31 Broadbeach Boulevard Residences has just the 22 apartments across its 20 levels, with large single floor apartments with private lift access. There&#39;s also a two-level penthouse and an elevated ground-floor beach house.

<a href="/buildings/31-broadbeach-boulevard-broadbeach"><img alt="" height="1798" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/broadbeach.jpg" width="1200" /></a>

The now sold out apartments have natural limestone and veneer finishing throughout. There&#39;s butler&rsquo;s pantries and high-end appliances.

The developer installed office spaces within the apartments allowing a flexible working and living environment.

There is access to a rooftop pool plus easy beach access to the surf break.

The building has a striking off form stained concrete fa&ccedil;ade and iconic building crown.

Andrew Bampton, Gold Coast project marketing specialist, introduced Optimus to the site in 2018 as their first Gold Coast project.

[smartcode_project:default project_id=9815 project_image_fid=76165]

Bampton suggested a different approach to what was established by Reed Property Group in 2017.

&ldquo;The original proposal didn&rsquo;t optimise the potential of this prime site on Broadbeach Boulevard overlooking the beachfront in the heart of Broadbeach,&quot; Bampton said.

&ldquo;Through our input, we brought a great deal of local knowledge to the developer and the results speak for themselves.

&ldquo;The focus for us was to create a premium coastal residence with large yet cosy living spaces that take advantage of the uninterrupted ocean views and that meet the needs of buyers looking for a true home by the sea.&quot;

<a href="/developments/gold-coast-qld?utm_source=news_article.project_embed&amp;source_news_article_id=100699&amp;ref=news_body_link?"><img alt="" height="739" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2021-05-13_at_10.54.13_am_1.png" width="1112" /></a>

The 31 Broadbeach complex has seen a $4.1 million sub-penthouse sale

$4.1 million sub-penthouse resale at recently completed, sold out 31 Broadbeach

A beachfront site in Main Beach will be transformed with plans lodged with the Gold Coast Council for a $100 million luxury apartment tower aimed at empty nester buyers.

The developer Greg Eastment has unveiled plans for a 17-storey tower, to be designed by BGD Architecture, just weeks after securing the site for $16 million.

The application will see the demolition of a 50 year old three-storey unit complex known as Four Corners.

Plans for the 787sq m site indicate the tower will have 15 units.

It proposes 12 three-bedroom whole floor units plus double storey five-bedroom units on the higher&nbsp;levels.

<a href="/developments/gold-coast-qld?utm_source=news_article.project_embed&amp;source_news_article_id=100698&amp;ref=news_body_link?"><img alt="" data-entity-type="" data-entity-uuid="" height="739" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2021-05-13_at_10.54.13_am.png" title="Search New Projects on the Gold Coast" width="1112" /></a>

There will be a three storey penthouse in the Bayden Goddard-designed block.

The residents on moving in in 2023 will be just metres from the Tedder Ave dining precinct.

The application&nbsp;provides 24 residential car parking spaces and three visitor car parking spaces

The development also provides 16 residential bicycle parking spaces and two visitor bicycle spaces.

The Four Corners site, at 3519 Main Beach Parade, also fronts Breaker St.&nbsp;Developer Danny Andrews has launched his 16-floor luxury tower, Dune, on a nearby beachfront site.

The Gold Coast Bulletin reports prestige property agent Harry Kakavas was advising Eastment and will market the project.[smartcode_project_cta: project_id=100294]

The beachfront site in Main Beach will be transformed into a $100 million luxury Bayden Goddard-designed apartment tower

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