<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?

The Monaco is set to be Main Beach's most luxurious tower when it's completed at the end of 2022.

The 24 level tower, designed by Rothelowman and delivered by Ignite Projects,&nbsp;will comprise&nbsp;six half floor apartments, 17 full floor apartments and a&nbsp;double storey penthouse.

Urban has taken a look at six reasons why The Monaco should be on a buyers shortlist.&nbsp;

[smartcode_project:default project_id=26730]

1. The Developer

The Monaco is being developed by Ignite Projects, who pride themselves&nbsp;on delivering innovative, memorable and quality developments.

Led by managing director, Kiwi&nbsp;Josh Foote, Ignite&nbsp;have had success on the Gold Coast before and currently have another development selling at Palm Beach.

They completed the luxury Palm Beach development Periscope&nbsp;in 2019 and are currently behind the <a href="/news/qld/eight-reasons-palm-beach-apartment-development-cabana-should-be-on-your-shortlist">boutique development Cabana nearby</a>.

Ignite had success in New Zealand in Auckland in 2017 and 2018, creating 19 apartments at Alba Takapuna and 20 apartments in the development Aria.

2. The Architect

The award-winning architecture firm Rothelowman have designed The Monaco. They say&nbsp;the unique location provides for an uninterrupted panoramic aspect taking in The Spit, the Broadwater, Main Beach and the Moreton Bay Islands.&nbsp;

<a href="/buildings/the-monaco-main-beach-2-4-macarthur-parade-main-beach"><img alt="" data-entity-type="" data-entity-uuid="" height="783" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/the_monaco_view.jpg" width="1800" /></a>

"The relatively modest scale of the site contributes to the potency of the project by allowing for a boutique luxury residential offering, comprised of full-floor single and double-storey sky-villas," the architecture firm describe the project.

"The approach to the design has been one seeking clarity and simplicity, allowing for the natural attributes of the location to take precedence. This focus is true for both the internal amenity of the dwellings but also the way in which the architecture contributes to the&nbsp;urban realm at both the immediate and macro scales."

3. The Location&nbsp;

The Monaco is located at 2-4 Macarthur Parade, outside of the hustle of Surfers Paradise but only a short stroll to the central hub Tedder Avenue.

To the east of the development, across the road is&nbsp;Main Beach Pavilion cafe, as well as the Southport Surf Life Saving Club and the sands of Main Beach.&nbsp;

To the west is the Southport Yacht Club where there's the Waterfront Restaurant located beside Jack Gordon Park.

4. The Facilities

Residents will have access to a 24 metre heated pool, bordered by daybeds and set in lush rainforest foliage.&nbsp;

There's a barbecue and dining area with built in seating. Adjacent is The Monaco's wellness studio comprising a gym, pilates reformer beds, an inverted yoga bench, a steam room and a treatment room.

One whole floor of the Monaco has been dedicated to private storage for each resident, while there's also a virtual golf room and pet grooming room.

<a href="/buildings/the-monaco-main-beach-2-4-macarthur-parade-main-beach"><img alt="" data-entity-type="" data-entity-uuid="" height="899" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/the_monaco_palm_beach_1.jpg" width="1600" /></a>

5. Customisable kitchen

Off the plan buyers will have the opportunity to create their own kitchen in their new apartment, working with The Monaco's exclusive kitchen designer.

An island bench forms the focal point of the kitchen which will be kitted out with VZUG appliances and feature storage equipment behind textured natural travertine stone cabinetry.

Each kitchen will have a butler's pantry at the rear.

<a href="/buildings/the-monaco-main-beach-2-4-macarthur-parade-main-beach"><img alt="" data-entity-type="" data-entity-uuid="" height="888" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/the_kitchen_the_monaco_3.jpg" width="1600" /></a>

6. The master suite

A full quarter of the apartment is dedicated to the master suite.

Making up the master suite is the bedroom, a dressing area with a marble make-up counter and double full-height mirrors.

The statement walk-in-wardrobe is flanked on two sides by&nbsp;floor-to-ceiling tinted glass cabinets.

<a href="/buildings/the-monaco-main-beach-2-4-macarthur-parade-main-beach"><img alt="" data-entity-type="" data-entity-uuid="" height="1185" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/the_monaco_palm_beach_wir.jpg" width="1600" /></a>

The Monaco’s master ensuite features a semi-outdoor space that creates a&nbsp;connection with the coastal vistas.

The open-plan design allows for abundant natural light, while the opulent curves of the extravagant marble vanity and the stone, free-standing bath give the bathroom a luxury&nbsp;appeal.

The 24 level tower, delivered by Ignite Projects, will comprise six half floor apartments, 17 full floor apartments and a double storey penthouse.



Six reasons why The Monaco at Main Beach should be on a buyers shortlist

Miles Residences is one of the Gold Coast&rsquo;s most sought-after residential beachfront projects in the pipeline.

The development of 118 apartments is part of the redevelopment of the&nbsp;Kirra Beach&nbsp;Hotel. The brains behind the operation&nbsp;is the family-ran KTQ Group, led by Peggy Flannery, who are behind the award-winning Elements of Byron Bay.

Urban recently sat down with KTQ Group&#39;s development director Jeremy Holmes to discuss the project.

JR: Why was Kirra Beach chosen for the project?

JH: The KBH was purchased back in 2010. It was a run-down venue. As new owners we undertook a significant refurbishment at the time and sought about changing the offering under new management. Over time we built a reputation as a community focused and value for money beachside pub. Something we are endeavouring to re-create with the new development.

<a href="/buildings/miles-kirra-beach-hotel-101-musgrave-street-coolangatta"><img alt="" height="1067" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/kirra_beach_hotel_pub_2_1.jpg" width="1600" /></a>

We progressively acquired a number of neighbouring sites up until 2017, and now have a total landholding around 9000m2, almost the entire block. This was a key strategy in order to create a compelling design and masterplan for the site, to make use of the full frontages, views and connection to the beach.

This location was always earmarked for redevelopment. We were drawn to the site and its key fundamentals (aside from size) of beachside location, north facing beach, city skyline view (night-time view especially) and proximity to the airport and highway. We believe in the Southern Gold Coast as a region undergoing a major transformation and growth for these reasons listed above. It has been undervalued in the past.

JR: What was the design brief for the first tower? And was there a shortlist of &ldquo;must-haves?&rdquo;&nbsp;

JH: Firstly, we were after a design that was sympathetic to the surrounding landscape and the beach. We wanted a building with a curvaceous and organically shaped fa&ccedil;ade, utilising colours that were muted and gentle (to blend in with the natural surrounds). We then had a bit more of a bold and fun approach to the design of the beer garden and pavilions to create a more vibrant and active ground plane and frontage. We integrated this with a 2 level pergola that runs the full length of the site along Marine Parade.

<a href="/buildings/miles-kirra-beach-hotel-101-musgrave-street-coolangatta"><img alt="" height="1628" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/kirra_beach_hotel_new_1_0.jpg" width="1800" /></a>

The wave awning feature was a key design element for the overall scheme and shapes the entry to the tower along with creating a visual break from residential use to the hospitality uses.&nbsp; A Sun-exposed 25m north-facing pool is another key feature that sits proudly along the beach edge of the tower, above the hotel and pavilion, and will be one of those amazing resort-style experiences for our residents to enjoy.&nbsp;

JR: What was the biggest challenge when conceiving the design building (or collection of buildings)&nbsp;

JH: The site masterplan was fairly logical in its layout and the building heights were set from a previous approval. The key was making the large floorplates of each tower work from an apartment planning perspective and maintain the curved fa&ccedil;ade without compromising these layouts. There was a focus on ensuring views were maximised from each apartment and the seamless transition between inside and outside was a critical design feature

JR: How important are the amenities in such a project?&nbsp;

JH: Residents expect resort-style amenities in beach-side leisure destinations like the Gold Coast. Many developments don&rsquo;t do it well however. The single most important facility is always on the pool so we have created a generous size pool with an immaculate beach view on the front of the site, north-facing, with plenty of sun.

[smartcode_project:default project_id=27575]

JR: Which part of the project are you most looking forward to seeing when completed?&nbsp;

JH: My apartment&hellip;.

But actually the mix of amenities and being able to get everything you need in one location without having to jump in your car. That is real luxury. Our buyers are seeing the benefit of on-site facilities, amenities, and entertaining opportunities. When all stages come together this will be a very special thriving destination / precinct.

Urban recently sat down with KTQ Group's development director Jeremy Holmes to discuss the project

What you need to know about Miles Residences at Kirra Beach: Urban chats with KTQ Group's Jeremy Holmes

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The Brisbane-based developer Spyre Group has sold out all three of their Gold Coast beachfront apartment projects as the coastal Queensland apartment market continues to boom.

Spyre, who are <a href="/project-updates/spyre-group-plan-komune-resort-redevelopment-dubbed-cala-dei-residences">set to redevelop Coolangatta's Hotel Komune</a>, have sold out their $79 million Broadbeach tower Elysian, the $77 million Burleigh block Natura and the $25 million MAYA in Kirra Beach.

“We are absolutely delighted that we have been able to converge three luxury beachfront products that met what the market wanted,” Spyre Group director Andrew Malouf said on the milestone.

“We have worked very hard over the last four years to create residences tailored towards the luxury downsizer market and the sell-out certainly vindicates the luxury product that we have brought to the market.”

<a href="/buildings/elysian-185-old-burleigh-road-broadbeach"><img alt="" height="886" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/elysian__0.jpg" width="1200"></a> Elysian at Broadbeach

Spyre's first Gold Coast project was Elysian, the 21 level tower on Old Burleigh Head Road with 61 apartments.

Spyre followed with Natura, targeting the downsizer more with just 33 half-floor, three bedroom apartments across 17 levels, before going more boutique with MAYA Kirra Beach which has 16 half-floor residences with two and three bedrooms.

They're waiting for the green light from the Gold Coast City Council to move on their fourth project, the redevelopment of the Hotel Komune which will home 31 apartment across 12 levels which will be known as Cala Dei.

The project has been designed by bureau^proberts, with Cusp Landscape Architecture handling the 576 sqm of recreational space which will include a communal resort area with plunge pools.

<a href="/buildings/cala-dei-residences-144-marine-parade-coolangatta"><img alt="" height="675" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/144_marine_parade_coolangatta_2.jpg" width="1200"></a> Plans for the Hotel Komune

Andrew Malouf said the project has already gained significant interest even prior to market release.

“Cala Dei will deliver the considered approach that has become synonymous with our brand on the Gold Coast – which is to deliver unmatched luxury tailored to beach living sought by a discerning downsizer market," Malouf said.

“A major key to our success on the Gold Coast has been the ability to secure the best beachfront sites in unique and highly sought after locations.

Nicholas Clydsdale, director of CBRE Residential Projects Gold Coast and the marketing agent for Spyre’s Gold Coast projects, says the group targeted the high-end owner-occupier market ahead of the curve with the launch of Elysian Broadbeach in late 2016.

“It is that foresight and Spyre Group’s approach to development focusing exclusively on the end user, tailoring its product specific to the location and target market, that has been the key to the success of their projects,” said Mr Clydsdale. 

“Through the ebbs and flows of what is a highly competitive market, Spyre has been successful because it is responsive and flexible, enabling it to deliver exceptional product and results for the buyers of its apartments.”

<h2>Other developments for sale on the Gold Coast</h2>

Shoreline, Surfers Paradise

[smartcode_project:default project_id=22057]

Shoreline is the latest Surfers Paradise tower to be created by Marquee Development Partners.

The boutique 27 apartment development across 17 levels offers residents a luxury unseen in the between Surfers Paradise and Broadbeach for a number of years.

Miles Residences, Kirra Beach

[smartcode_project:default project_id=27575]

The Miles Residences Kirra Point will be one of Kirra Point's most impressive towers when it's completed in 2023.

The development of 118 apartments is part of the redevelopment of the Kirra Beach Hotel. The brains behind the operation is the family-ran KTQ Group, led by Peggy Flannery, who are behind the award-winning Elements of Byron Bay.
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Spyre have sold out their $79 million Broadbeach tower Elysian, the $77 million Burleigh block Natura and the $25 million MAYA in Kirra Beach.



Spyre Group sell out Gold Coast portfolio

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A prime development site in Mermaid Beach on the Gold Coast has been listed for sale. 

The property at 2417-2419 Gold Coast Highway was the original Gold Coast Highway Mermaid Beach Motel, dating back to the 1960s.

Formally also named Castle Motor Inn, the brick building on 817 sqm just 250 metres from the beach is being sold 100 per cent leased to eight tenants, with an annual income of $147,420 fully leased.

Harcourts Coastal agents Jared Johnson, Lachlan Marshall and Guy Powell are marketing the property for an April 24th auction.

Marshall said the property is a fantastic future development site.

[smartcode_project:default project_id=22057]

"Mermaid Beach has seen a significant influx of families and retirees moving from higher-density capital cities into the suburb," Marshall said.

"This has fuelled the need for high quality residential developments." 
Guy Powell says Mermaid Beach has become a premier lifestyle precinct.

"With the recent announcement of the Gold Coast light rail system from Broadbeach South to Burleigh Heads, Mermaid Beach locals will have immediate access to Queensland's Most Popular Dining &amp; Entertainment Precinct, Burleigh Heads.”

<img alt="" height="1665" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/hilda-12.jpg" width="2500">

 

 

 
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The property at 2417-2419 Gold Coast Highway was the original Gold Coast Highway Mermaid Beach Motel, dating back to the 1960s

Mermaid Beach prime development site listed

<html><body>
Mirvac have recently released their latest tower in their billion dollar Newstead development.

The latest tower, known as Quay Waterfront Newstead, located alongside the Brisbane River, joins previously completed stages Pier, Park and Unison as part of the grander Waterfront Newstead community.

The 25 storey tower will deliver 143 one, two, three and four-bedroom apartments that have been designed by Mirvac’s in house design team to cater specifically to owner-occupiers. Set in 5.5 ha of parklands, the biophilic tower weaves garden-green freshness up and around its apartments. Natural materials and organic forms define the interior spaces, bringing the textures of the outdoors in through feature stonework, unique metal patinas and timber-like grains.

[smartcode_project:default project_id=90553]

Residents will be able to take advantage of Quay's Brisbane River views and the city’s sub-tropical climate, along with exclusive resident lifestyle amenities. There will be a ground-level tropical oasis with pools of water, shaded enclaves and grassed areas that connect to - and expand - Waterfront Park.

Located at 57 Skyring Terrace, Quay Waterfront Newstead will contain a suite of exclusive resident lifestyle amenities including a ground-level wellness centre with a gym and yoga studio, a resident’s lounge and a private dining room on level 19.

The building community also benefits from a private residents’ lounge, wine room and dining area which can be reserved for entertaining and special events.

Urban has taken a look at the conveniences and amenities available in and around Sky Precinct

<a href="/new-apartments/quay-waterfront-newstead-57-skyring-terrace-newstead" target="_blank"><img alt="" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/quay_mirvac_facilities.jpg"></a>

Centred by the park but connected to the best of Brisbane’s shopping and social scenes, Quay Waterfront Newstead is just 2km from the CBD. Surrounded by Fortitude Valley, Teneriffe and the river, life here offers the best of urban living balanced with the tranquillity of the waterfront.

Over 600 metres of walking and cycle paths have been constructed throughout Waterfront Newstead linking through to Newstead House, Newstead Terrace and Skyring Terrace when completed. Along with the construction of new road networks including the delivery of Skyring Terrace, Festival Place, Cunningham Street and the extension of Waterloo Street.

Major refurbishment of Newstead wharf has been completed, including widening of surrounding footpaths and parklands and opening up this riverside space to the community. This includes facilities like the installation of a BBQ, playground and parkland seating.

<a href="/new-apartments/quay-waterfront-newstead-57-skyring-terrace-newstead" target="_blank"><img alt="" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/quay_mirvac_aerial_0.jpg"></a>

Nearby amenities include a number of trendy bars, waterfront cafes and eateries nearby including Malt Pier, Triffid and The Lazy Dog to name a few. 

Also within walking distance are a number of convenient shopping centres and malls like the Gasworks Plaza, multiples Coles', Woolworths' and Aldi's.

Just a short distance away is the Bowen Hills Station providing convenient public transport access to the city.

Schools and early learning facilities nearby:

<ul>
<li>New Farm State School</li>
	<li>Brisbane Central State School</li>
	<li>Brisbane Grammar School</li>
	<li>Avenues Montessori Children's House</li>
	<li>Fortitude Valley State Secondary College</li>
	<li>Windsor State School</li>
	<li>Angelorum College</li>
</ul>
</body></html>

Urban takes a look at the conveniences and amenities available in and around Mirvac's billion dollar Quay Waterfront Newstead development

jordan_55689

Walking tour: What's within walking distance from Quay Waterfront Newstead?

The South East Queensland&nbsp;developer Mosaic Property is having its busiest period on record.

Fresh off securing a near sell-out of their Mermaid Beach development Dawn in&nbsp;around two weeks, the developer, led by its founder and managing director Brook Monahan, are set to launch yet another project.

Kensington by Mosaic, designed in partnership with Cottee Parker, will be&nbsp;the eighth&nbsp;project the company have developed in Brisbane&#39;s inner west, with more to come, according to Monahan.

&quot;We have invested significantly in this particular area over many years and will continue to do so because there is a genuine, sustained appetite for the incredible, effortless lifestyle on offer,&quot; Monahan says.

<img alt="" height="1734" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/kensington_mosaic_1.jpg" width="1600" />

&quot;Everything you could possibly want is in such close reach, including some of the most significant infrastructure projects of our generation, such as Brisbane Live, the Victoria Park redevelopment, Queensland Wharf, and Toowong&#39;s new $450m mixed-use town centre, The Aviary.&quot;&nbsp;

Kensington by Mosaic is not farm&nbsp;from Mosaic&#39;s sold out The Patterson. The 62 apartments, predominantly&nbsp;secured local&nbsp;owner-occupiers, took just four weeks for 90 per cent of the $72 million building to sell last October.

Located&nbsp;across from the heritage-listed Toowong Memorial Park, 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;

<img alt="" height="800" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/kensington_pool.jpg" width="1600" />

The architecture reflects a&nbsp;subtropical theme with over 170 sqm of extensive deep planting and landscaping.&nbsp;

Much like The Patterson, owner-occupiers are expected to be the dominant buyer profile.

Prices start from $610,000 for a 97 sqm two bedroom, two bathroom apartment and 128 sqm for a three bedroom, two bathroom and two car apartment.

The Penthouse&nbsp;

<img alt="" height="889" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/kensington_mosaic_3.jpg" width="1600" />

A 230 sqm penthouse&nbsp;boasts an&nbsp;expansive outdoor terrace with northern&nbsp;city, river, hinterland, and parkland views.&nbsp;

Mosaic has&nbsp;approximately&nbsp;$300m in projects currently under construction in Brisbane&nbsp;and another $370m in projects under construction across the Gold and Sunshine Coasts.

The Henry in Indooroopilly is due for completion mid this year, and The Sinclair in East Brisbane and The Patterson in Toowong are due to be finished in 2022. All three Brisbane developments are sold out.

Kensington by Mosaic, designed in partnership with Cottee Parker, will be the eighth project the company have developed in Brisbane's inner west



Tower reveal: Mosaic to launch new Toowong development Kensington by Mosaic

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There's no doubt about it, the Gold Coast apartment market is at its hottest in years, and there's no slowing down.

The pace of sales at Aniko Property's $140 million No.1 Grant Avenue project at Hope Island has doubled, with its stage two nearly selling out in five months.

Aniko's stage one sell out came in less than 12 months, with both stages racking up a total of over $135 million in sales.

Only a handful of apartments in stage two remain, with the project's final stage, a collection of five three bedroom apartments, not expected to last long on the market.

[smartcode_project:default project_id=21346]

Stage two will feature 105 two, two-plus-study and three-bedroom apartments, as well as a range of bridge-free marina berths available along the Hope Island canal.

Remaining apartments, designed by Archidom Design, will range in size from 122sq m to 155sq m and are priced from $649,000 to $695,000.

Sstage two will feature a ‘post pandemic’ office precinct for residents, as well as a recreation area which will include a health club designed by celebrity fitness guru Michelle Bridges, a children’s play centre, theatre, resident’s lounge and outdoor cooking and dining facilities.

Aniko Group, led by developer George Mastrocostas, accounted for 15 per cent of the overall apartment sales on the Gold Coast throughout the December quarter and more than 80 per cent in Hope Island, according to the planning and consulting firm Urbis.

<a href="/buildings/no-1-grant-avenue-1-grant-avenue-hope-island"><img alt="" height="675" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/grant_2.jpg" width="1200"></a>

“The strength of the buyer demand has been exceptional…and it’s getting stronger,” Mastrocostas said.

“It’s almost unprecedented. I have not a project perform this well in the market for quite some time in south east Queensland. 

“But the remarkable run of sales and sustained demand for the product in No.1 Grant Avenue is also testament to the quality residential offering we have brought to the market.” 

Aniko's sales have more recently been driven by buyers from the lockdown-fatigued southern states looking for a healthier and safer lifestyle. Downsizers, owner-occupiers and investors 

The boom in sales will see Aniko fast-track to the launch of its next project at 6-8 Sickle Avenue, located adjacent to No. 1 Grant Avenue.
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Aniko's stage one sell out came in less than 12 months, with both stages racking up a total of over $135 million in sales

Sales pace doubles as Aniko achieve near sell-out of Hope Island apartment development No.1 Grant Avenue

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The Sunland Group are seeing a range of buyers at their Mermaid Waters apartment development, The Lanes Residences.

Everyone from professional couples, empty nesters, downsizers and investors have bought in to the four waterfront buildings, with both local buyers and some relocating from interstate.

The Lanes Residences are part of the 42 hectare masterplanned community of The Lakes, designed to embrace the natural contour of Lake Unity.

[smartcode_project:default project_id=26732]

Sunland worked with Contreras Earl Architecture in the design of the 10 and 12 storey mid-rise towers, which home a collection of one, two and three bedroom apartments, as well as a number of two and three bedroom penthouses.

Set in landscaping by Form Landscape Architects, the development will also feature a resort-style pool with barbecue and terrace areas, a private lounge, gym and sauna.

The Lanes Residences will sit alongside the future retail village The Lanes, set to have over 7,500 sqm of retail space including a fresh food market hall, a cafe culture, restaurants and a health and wellbeing precinct.

<a href="/buildings/the-lanes-residences-11-lakeview-boulevard-mermaid-waters"><img alt="" height="1067" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/the_lakes_1.jpg" width="1600"></a>

Two bedroom apartments are priced from $560,000, two bedroom with media room from $830,000 and three bedroom apartments from $1,052,500.

The Lanes Residences themselves will have a number of retail and dining offerings on the ground level, as well as a 3,500 sqm green.

Completion of The Lanes Residences is slated for mid-2021.
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The Lanes Residences are part of the 42 hectare masterplanned community of The Lakes, designed to embrace the natural contour of Lake Unity.

The Lanes Residences in Mermaid Waters over 75% sold as completion approaches

A north-facing beach outlook is highly sought-after, which is why <a href="/buildings/miles-kirra-beach-hotel-101-musgrave-street-coolangatta">Miles Residences</a> at Kirra Point is a development you won&#39;t want to miss viewing. With all-day sun and panoramic ocean vistas, this Woods Bagot-designed property offers incredible value for money. Watch our tour to get a feel for the apartments available for sale.&nbsp;

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="415" src="https://www.youtube.com/embed/9QIv9rw3SK0" title="YouTube video player" width="660"></iframe>

<h2>MILES RESIDENCES AT A GLANCE</h2>

Developer:&nbsp;<a href="/developers/ktq-group" target="_blank">KTQ Group</a>

Architect:&nbsp;<a href="/architects/woods-bagot" target="_blank">Woods Bagot</a>

Homes from:&nbsp;$545,000

Location: Corner Miles Street and Marine Paradise, Kirra QLD 4225

Number of residences:&nbsp;118 residences

<a href="/buildings/miles-kirra-beach-hotel-101-musgrave-street-coolangatta"><img alt="" height="1500" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/miles-residences-kirra-point-corner-miles-street-and-marine-paradise-kirra-5a48f436560e256fda8cdf9e4c482e0a.jpg" width="2000" /></a>

Located in the heart of the Gold Coast and just a stones-throw away from some of the world&rsquo;s best surf breaks, Miles Residences offers an idyllic beach lifestyle, with year-round perfect weather.&nbsp;

A collection of spacious 1, 2 and 3 bedroom architecturally designed apartments are now selling, with kitchens offering high-end appliances, integrated drinks fridges, floating timber shelving and brushed stainless tapware.

The modern living spaces feature beautiful timber flooring and boast a flexible open plan layout, with floor to ceiling windows letting in plenty of natural light.&nbsp;

The bathrooms have been designed with a natural material palette complemented with subtle LED strip lighting, creating a tranquil environment to enjoy a relaxing bath. The walk-in shower is fully tiled with brushed stainless wall-mounted and rainfall showerheads, with a window framing a picturesque view of the ocean.

<a href="/buildings/miles-kirra-beach-hotel-101-musgrave-street-coolangatta"><img alt="" height="1500" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/miles-residences-kirra-point-corner-miles-street-and-marine-paradise-kirra-9318c69e0b05179f30a160cc966f1367.jpg" width="2000" /></a>

Miles Residences also features a full suite of 5-star amenities including a 25 metre north facing pool that overlooks Kirra Point. Developed by award-winning KTQ Group, the apartments have been generously designed with spacious floorplans extending to large balconies. This is luxury living at its finest, with world-class amenities at your doorstep and your own tranquil retreat to return home to each day.

Enquire today via Urban to secure your new home at Miles Residences Kirra Point.&nbsp;

[smartcode_project:default project_id=27575]

Olivia Round

Display Tour: Miles Residences by KTQ Group in Kirra, Queensland

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Miles Residences is one of the Gold Coast’s most sought-after residential beachfront projects in the pipeline.

The development of 118 apartments is part of the redevelopment of the Kirra Beach Hotel. The brains behind the operation is the family-ran KTQ Group, led by Peggy Flannery, who are behind the award-winning Elements of Byron Bay.

[smartcode_project:default project_id=27575]

They've already seen unprecedented levels of success in the $180 million Development with over 80 per cent of apartments sold in just under 3 months since launching.

There has been a strong uptake from local investors, with around 52 per cent coming from Queensland and 37 of those are lifestyle investors.

<a href="/buildings/miles-kirra-beach-hotel-101-musgrave-street-coolangatta"><img alt="" height="1628" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/kirra_beach_hotel_new_1.jpg" width="1800"></a>

KTQ Group Development Director Jeremy Holmes says the high level of Queensland buyers is mainly due to the local market acting quickly to choose their ideal apartment.

"They have been waiting 10 years for this project and didn’t want to miss out on the uninterrupted view lines.” 

<h2>What investors need to know</h2>

Infrastructure

Despite the market booming from COVID-19, there are hopes the Gold Coast apartment market will continue to grow due to the strong infrastructure pipeline.

Some $2.3 billion has been allocated to upgrade the G-Link Light Rail which currently runs as far south to Broadbeach.

The next stage will see the south terminus become Burleigh Heads, then, as part of the Gold Coast City Transport Strategy 2031, it will head as far as the airport at Coolangatta, less than a few kilometres from Miles Residences.

<a href="/buildings/miles-kirra-beach-hotel-101-musgrave-street-coolangatta"><img alt="" height="800" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/kirra_miles_residences_living_area__0.jpg" width="1200"></a>

The airport is undergoing a $370 million redevelopment, and work has begun on the $673 million upgrade of the nearby Tweed Hospital.

North of Miles Residences toward Broadbeach there's The Star Gold Coast's $2 billion master plan which allows up to seven towers to be built, one of which, a $63 million tower, is reported to be homing a Marriott Brand W Hotel.

Apartments are in high demand

The two most popular destinations for interstate migration are the Sunshine Coast and the Gold Coast, the REIQ note. Some 7000 migrants moved to Queensland in the December quarter.

Surfers Paradise, which recorded more than 2,100 vacant rentals at the peak of the pandemic nine months ago, currently has 0.7% stock availability.

<a href="/buildings/miles-kirra-beach-hotel-101-musgrave-street-coolangatta"><img alt="" height="896" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/miles_kirra_views_0.jpg" width="1200"></a>

Record low vacancies have been reported across the entire Gold Coast, particularly in the south where there's a 0.3 per cent median vacancy.

“What we’re seeing is an unprecedented level of diminishing rental availability that’s placing significant pressure on our State’s housing sector – so much so that it’s unsustainable and why urgent action is required to better support both increased and ongoing property investor activity in the Queensland property market and the contributions they make to the state economy,” REIQ president Antonia Mercorella said.

For the last details and to check availability connect with the team at Keenan &amp; Co via <a href="/buildings/miles-kirra-beach-hotel-101-musgrave-street-coolangatta">Miles Residences</a>.

 
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There has been a strong uptake from local investors, with around 52 per cent coming from Queensland and 37 of those are lifestyle investors.

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