Private equity real estate firm Conquest has entered into a $220 million partnership with Woolworths’ development arm, Fabcot, to deliver its long-awaited Waterloo project on Bourke Street.

The Bourke Street development was first flagged by Fabcot back in 2021 as part of its push into Sydney’s residential market. However, progress has since stalled, with no activity on site amid a number of design revisions in consultation with the City of Sydney.

<a href="https://www.apartments.com.au/developers/conquest">Conquest</a>, which is actively planning more than $6 billion worth of new developments, predominantly mixed-use precincts, is now set to move the project forward.

The current plans include between 110 and 120 apartments across two buildings designed by Bates Smart at <a href="https://www.apartments.com.au/new-apartments/923-935-bourke-street-waterloo-nsw-2017">923 Bourke Street</a>. The scheme will incorporate a portion of apartments reserved for key workers, alongside premium commercial space at ground level, including a full-line Woolworths supermarket.

Construction is expected to commence in the second half of 2026.

Michael&nbsp;Akaawi, CEO of Conquest, said the partnership reflects the firm’s commitment to "convenience-led" urban renewal."

"We are preparing to commence construction in the second half of this year," Akaawi says.

"Along with Woolworths, we look forward to delivering the first major supermarket to the growing Waterloo community, integrated with premium new apartments and specialty retail shops. Our focus is on creating a seamless lifestyle hub where essential services are at the doorstep, saving residents time and enhancing their quality of life."&nbsp;

<img alt="Conquest" data-entity-type="file" data-entity-uuid="d8beee83-ef9b-446b-a3b3-1e2fe596512b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-01%20at%2011.08.46%E2%80%AFAM.png?VersionId=raYhGepiLUJfx4InLPRRJduA3ftDJ_kS" />

The news comes just a week after Conquest went to the NSW Government to upsize its plans for Castlecrag's Quadrangle Shopping Centre.

Conquest purchased the site for just shy of $70 million last year, with existing plans in place for a mixed-use residential and retail precinct comprising 38 luxury apartments.

Those plans have now been significantly expanded, with the developer lodging a State Significant Development Application with the NSW Government’s Housing Delivery Authority for 150 apartments across two 11-storey buildings. The apartments will sit above a four-storey podium, incorporating specialty retail tenancies and five levels of basement car parking, on the 5,166 sqm site at&nbsp;<a href="https://www.apartments.com.au/new-apartments/100-edinburgh-road-castlecrag-nsw-2068">100 Edinburgh Road</a>.

Conquest has been increasingly active in the development space in recent years. The group acquired the&nbsp;<a href="https://www.apartments.com.au/developments/eastlakes-nsw-2018">Eastlakes</a>&nbsp;Shopping Centre redevelopment, where it plans to deliver more than 1,000 apartments above a new retail precinct, and has also lodged a $900 million State Significant Development Application for a&nbsp;<a href="https://www.apartments.com.au/news/nsw/conquest-unveils-900m-stanmore-village-vision-for-landmark-inner-west-site">mixed-use precinct in Stanmore</a>.

Joel Robinson

Conquest partners with Woolworths to deliver mixed-use Waterloo project

A shift away from Sydney’s industrial past has left parts of the inner south defined by contrast, brick warehouses repurposed into dining precincts, former factory streets softened by landscaping and pedestrian activity.

Rosebery is one of those suburbs. Over the past decade, it has undergone significant gentrification, anchored by The Cannery, which has helped reposition the area as one of the inner city’s most sought-after lifestyle pockets.

What hasn’t kept pace with that transformation is new residential supply, which has remained relatively limited. Builder-developer Deicorp identified that gap early, securing a site in 2019 and delivering what is now one of the suburb’s most architecturally distinctive developments.

To realise the vision, Deicorp engaged Candalepas Associates to design The Rothschild, a project that is immediately recognisable from the street.

Completed in 2025, The Rothschild comprises two buildings across Rothschild and Mentmore Avenues, delivering 176 apartments. The development replaces a former industrial site, retaining a material and structural dialogue with its past while introducing a more resolved residential framework. The scale is deliberate but not monolithic, broken into forms that engage both street frontages, with retail at ground level and two levels of basement parking below.

[smartcode_project:default project_id=106843 project_image_fid=221665]

From the street, the architectural intent is clear. Off-form concrete columns run through the façade, establishing a repeated structural rhythm that gives the building its visual weight. These are paired with deep-set arches and sections of exposed brickwork, creating a layered elevation that reads less like a typical apartment block and more like a reinterpretation of industrial architecture.

The material palette is intentionally restrained, with concrete left exposed and brick used to define mass rather than decoration. The result is a building that stands out through proportion and repetition, rather than height or glazing.

This approach continues internally. A central landscaped courtyard sits between the two buildings, anchored by an olive grove that acts as both a visual and spatial focal point. Rather than functioning as residual space, the courtyard is designed as a shared ground plane, where circulation paths, seating areas and planting come together to create a usable communal environment. Its positioning allows natural light to penetrate deep into the site while maintaining separation between residences.

[smartcode_project:default project_id=106843 project_image_fid=221666]

Within the apartments, the planning follows a clear and functional logic. Entry points lead directly into open-plan living areas, with kitchens positioned as central elements alongside dining and lounge spaces. These zones extend to balconies or external openings, maintaining a visual connection to either the courtyard or the street.

Kitchens prioritise practicality, with generous bench space, ample storage and European appliances configured for everyday use. Bedrooms are typically set back from the main living areas, creating quieter zones within each residence, with separation achieved through layout rather than material change. Bathrooms are compact but efficient, incorporating mirrored cabinetry and integrated storage to maximise space. Across all residences, the emphasis is on clarity of movement and functional planning.

[smartcode_project:default project_id=106843 project_image_fid=221669]

At ground level, retail and hospitality uses extend the building’s presence beyond its residential function. A café or restaurant space, alongside communal amenities such as a music room and rooftop areas, positions the development as part of a broader urban network rather than a standalone project. These shared spaces reinforce a lifestyle where the building operates as an extension of the surrounding neighbourhood.

Rosebery’s proximity to Green Square, The Cannery and nearby parklands supports this model of living, where much of daily life is within walking distance. The Rothschild sits comfortably within that network, contributing to the streetscape through its distinctive architecture, while internally organising space around light, structure and communal use.

The Rothschild is now complete and ready to move in, with limited residences remaining.

[smartcode_project_cta:default project_id=106843]

The Rothschild reinterprets Rosebery’s industrial DNA into residential form

KTQ has unveiled&nbsp;<a href="https://www.apartments.com.au/new-apartments/casilia-16-marine-parade-coolangatta-qld-4225">Casilia</a>, the final residential release within the Kirra Point precinct which really kicked off the boom in the area back in 2019.

The final stage comprises&nbsp;87 residences and marks the culmination of a long-term, family-led vision for Kirra Point, as the precinct moves toward completion in tandem with the development.

Around $100 million in sales have been achieved already, close to 35 per cent of the residences secured ahead of launch. There have been a significant number of buyers returning from the first stage of the development, Miles Residences, securing another property within Kirra Point.

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Selling agent Tim Keenan from Keenan Byrne said the response reflects both the scarcity of the offering and Kirra’s growing reputation as a premium coastal market.

“This is effectively Kirra’s final act, the last release within what has become one of the Southern Gold Coast’s most tightly held beachfront precincts,” Keenan said.

“We’ve seen exceptionally strong pre-sale interest, from VIP waitlists through to off-market enquiry, which speaks to both the quality of the product and the confidence buyers have in the precinct. What’s particularly compelling is the number of buyers returning from Miles, either upgrading or investing again, which is a strong signal of how the precinct has been received."

Keenan adds that at the same time, north-facing beachfront remains exceptionally rare in Australia, limited to places like Noosa, Byron and Kirra, which is underpinning long-term value.

[smartcode_project:default project_id=152295 project_image_fid=368415]

Positioned along one of Australia’s few true north-facing beaches, Casilia offers a mix of two and three-bedroom residences with pricing ranging from $1.87 million to $7.15 million and two exclusive penthouses. Residences are oriented to capture varying outlooks, from uninterrupted Pacific Ocean views across Kirra Beach to hinterland vistas, with upper levels and shared amenity taking in sweeping perspectives along the Gold Coast coastline.

At rooftop level, a north-facing pool deck captures expansive, uninterrupted views over Kirra Beach and north towards Surface Paradise. The space incorporates a heated resort-style pool, mineral spa, sun lounges and a covered BBQ cantina.

Buyer profiles are broad, typically aged between 40 and 70, with a strong skew toward second-home ownership, drawn by a combination of lifestyle, relative value, proximity to Gold Coast Airport and lower congestion compared to more established markets such as Byron Bay and Noosa.

[smartcode_project:default project_id=152295 project_image_fid=368414]

The project is being delivered by <a href="https://www.apartments.com.au/developers/ktq-group">KTQ Group</a>, a family-owned Australian property group with a diverse portfolio spanning residential, hospitality and commercial developments. The group has delivered a number of notable projects across sectors, including the award-winning Elements of Byron resort, demonstrating its depth of experience across both hospitality and residential development.

Known for its long-term approach to place-making, KTQ Group retains a vested interest in its projects, often holding assets within its portfolio, which has also helped build trust among buyers and reinforced confidence in both the vision and delivery certainty of the precinct.

“Casilia represents the final opportunity to secure a residence within Kirra Point and brings to market the last release within our long-term vision for the precinct," KTQ Group's Jeremy Holmes said.

"Kirra Point has been more than a decade in the making, and that timeframe reflects the care behind each decision, it takes listening, balance and vision to arrive at something that feels right for the location.

“Our approach has always been to deliver Kirra Point as a destination in its own right, a connected coastal neighbourhood integrating residential, hospitality and wellness, rather than a standalone project. It’s a vision that respects place, pace and permanence, and contributes to a sense of community that feels authentic to Kirra.”

[smartcode_project:default project_id=152295 project_image_fid=368411]

Once complete, the Kirra Point masterplan will incorporate a mix of dining establishments, bars and cafés, alongside the Kirra Point Health Club and a future 91-room independent resort hotel, creating a walkable, integrated lifestyle precinct.

Architecutue and interiors at Casilia have been designed by the experienced design houses of <a href="https://www.apartments.com.au/architects/little-boat-projects">Little Boat Projects</a> and O’Neil Architecture &amp; Interior Design, The design moves beyond the conventional coastal apartments, instead taking cues &nbsp;from the surrounding landscape - layering natural materials, soft curves and warm textures to create spaces that respond to light, airflow and the rhythms of coastal living.

Residences are designed with an array of floorplates, generous proportions and intuitive flow, while at ground level Casilia connects into the broader precinct, where future laneways, retail and hospitality offerings will contribute to a neighbourhood defined as much by how people live day-to-day as its beachfront position.

[smartcode_project_cta:default project_id=152295]

The final residential release within the Kirra Point masterplan is set to launch, as strong pre-sales signal sustained demand for the Southern Gold Coast

A decade in the making: KTQ launches Casilia at Kirra Point

South East Queensland developer&nbsp;<a href="https://www.apartments.com.au/developers/gardner-vaughan-group">Gardner Vaughan Group</a>’s entry into the Gold Coast apartment market has progressed from pipeline to market, with its Chevron Island project Bronze on Chevron now formally available to purchase ahead of a planned 2029 completion.

The 119-apartment development on Mawarra Street marks the Brisbane-headquartered builder-developer’s first residential play in the Gold Coast, following its expansion south from Brisbane and the Sunshine Coast.

<a href="https://www.apartments.com.au/new-apartments/bronze-on-chevron-8-mawarra-street-surfers-paradise-qld-4217">Bronze on Chevron</a> comprises a mix of two-, three- and four-bedroom residences, with pricing starting from just over $1.5 million. The project is being delivered under Gardner Vaughan’s fully integrated model, with the group acting as both developer and builder, a structure it has consistently applied across its South East Queensland portfolio.

[smartcode_project:default project_id=107520 project_image_fid=367182]

Architecture has been designed by <a href="https://www.apartments.com.au/architects/cottee-parker-architects">Cottee Parker</a>, with landscape architecture by <a href="https://www.apartments.com.au/landscape-architect/jeremy-ferrier-landscape-design">Jeremy Ferrier</a>. The building presents as a single-tower scheme, with a focus on maximising outlook across both the Surfers Paradise skyline and the Nerang River.

Apartments have been planned with open-plan living zones extending to generous balconies, a response to the site’s dual-aspect positioning between river and ocean. Interiors follow a restrained coastal palette, with two colour schemes offered, and an emphasis on natural light and cross-ventilation.

[smartcode_project:default project_id=107520 project_image_fid=367181]

Resident amenity is concentrated across more than 1,250 sqm and includes a resort-style pool, gym, yoga lawn and rooftop entertaining areas. A function space with catering facilities forms part of the upper-level offering, alongside north- and south-facing outdoor areas.

Ground level will incorporate two retail tenancies, intended to extend the existing village character of the surrounding streets.

&nbsp;

[smartcode_project:default project_id=107520 project_image_fid=367200]

The project sits within walking distance of Thomas Drive’s established dining strip, while maintaining proximity to <a href="https://www.apartments.com.au/developments/surfers-paradise-qld-4217">Surfers Paradise</a> beach and broader Gold Coast amenity. The location, positioned on Chevron Island between the river and coastline, has increasingly attracted mid- to high-density development in recent years as the precinct evolves beyond its low-rise origins.

Gardner Vaughan’s move into the Gold Coast was first signalled in 2025, with the group identifying the region as a natural extension of its operations. Chief Executive Officer Simon Betteridge described the expansion as both “strategic and natural”, citing demand for well-designed apartments in lifestyle-driven markets.

Construction is expected to complete in early 2029.

[smartcode_project_cta:default project_id=107520]

Gardner Vaughan brings Bronze on Chevron to market as Gold Coast debut

One of the penthouses at Lily Lane, the latest stage of Carrington Place by Ellipse Property, has set a new local apartment price record.

The four-bedroom residence, purchased by a local downsizer, sold for $5.75 million—around 75 per cent higher than the previous record of $3.3 million.

Over 40 per cent of the first release of apartments at&nbsp;<a href="https://www.apartments.com.au/new-apartments/lily-lane-at-carrington-place-castle-hill-32-carrington-road-castle-hill-nsw-2154">Lily Lane</a> have already been snapped up just six weeks since it launched to the market.

&nbsp;

Located at 32 Carrington Road, <a href="https://www.apartments.com.au/developments/castle-hill-nsw-2154">Castle Hill</a> and designed by award-winning architects <a href="https://www.apartments.com.au/architects/ptw">PTW</a>, Lily Lane is directly opposite the Hills Showground Metro station. It offers a total 213 units over two 12-storey towers - a mix of 67 one-bedroom, 100 two-bedroom and 46 three-bedroom apartments - with a ground-floor retail offering.

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Blake Schulze, National Director – Residential at <a href="https://www.apartments.com.au/project-marketer/colliers">Colliers</a>, says around 44 per cent of buyers are&nbsp;owner occupiers, with 35 per cent being investors and 21 per cent first homebuyers.

“Developments of this calibre are very rare in the Hills District, and Lily Lane’s sales success demonstrates the depth of demand for over-sized apartments that genuinely compete with freestanding homes," Schulze says.

"We are seeing particular demand from downsizers who want to remain in the area but transition into spacious, high-quality apartment living."

On the penthouse sale, it says it shows buyers&nbsp;are prepared to pay a premium for scale, quality, and direct access to the Metro.

[smartcode_project:default project_id=151821 project_image_fid=368351]

One-bedroom apartments are sized from 50-72 sqm with prices starting at $745,000, while two-bedrooms are priced from $990,000 with sizes from 75 to 132 square metres. Three-bedroom floorplans are sized between 97 and 182 sqm,, with prices starting at $1,395,000.&nbsp;

The three remaining penthouses, spanning up to 262 sqm, are priced from $2.9 million.

Over 75 per cent of apartments include dedicated studies, multipurpose rooms or family rooms, with select layouts offering walk-in pantries and laundries. Apartments are appointed with premium Miele appliances including ovens, washing machines, dryers, gas cooktops and dishwashers, while larger residences also incorporate integrated Miele microwaves, Fisher &amp; Paykel integrated refrigerators and five-burner Miele cooktops.

[smartcode_project:default project_id=151821 project_image_fid=360285]

Lily Lane will be constructed by award-winning iCIRT-rated builder <a href="https://www.apartments.com.au/builders/decode">Decode Group</a>, with construction to commence in mid-2026 and expected to complete early 2029.

Carrington Place comprises more than 800 apartments and is being delivered across multiple stages, with completion expected in 2032. Integrated with neighbouring bushland, the project will feature over 20,000 sq, of outdoor recreational area, including a one-kilometre boardwalk to Fred Caterson Reserve.&nbsp;

The Hills Showground Metro Station is just a two-minute walk away, offering fast connectivity to Sydney’s CBD, North Sydney, Chatswood, Macquarie Park and Norwest Business Park.

[smartcode_project_cta:default project_id=151821]

Ellipse sets Castle Hill apartment record with $5.75 million Lily Lane penthouse sale

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?

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Brisbane Heat wicket-keeper batsman Jimmy Peirson and wife Amy are selling their first home they bought together.

They’ve renovated the 1960s home during their three year ownership, having paid $524,000 in 2017.

Set on 560 sqm, the home has three bedrooms and one bathroom, which they’ve left the lower level gutted, described in the marketing as a blank canvas.

The home became a $500 a week rental in late 2019 when the couple traded up to Everton Park, where they spent $882,000 on a renovated four bedroom home.

Peirson has been with the Brisbane Heat since 2014.

In 2018 he became Queensland's youngest-ever Sheffield Shield winning captain when the Bulls won the competition in 2018.
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The home became a $500 a week rental in late 2019 when the couple traded up to Everton Park



Brisbane Heat wicket-keeper Jimmy Peirson lists former Stafford Heights home

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The former Socceroo Brett Holman and wife Femke have downsized on the Sunshine Coast.

Having sold their Peregian Beach holiday home for $2.55 million mid-way through last year, they’ve gone off-market to secure a near new property in the same coastal suburb.

They’ve spent $1.15 million on a home on the Peregian Golf Course.

Only completed last year, the home has five bedrooms, including a master with its own sitting area, walk in wardrobe and ensuite which spans the entire length of the top level.

There’s a dedicated media room, a kitchen with butler’s pantry and an alfresco area overlooking the pool.

<img alt="" height="794" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/peregian_holman_2.jpg" width="1200">

Richardson &amp; Wrench Noosa agent Kerry Sullivan secured the sale off-market.

The Holman’s had previously nearer the beach, but flipped the modern 2018-built home half way through last year.

Having paid $1.95 million, they sold the Tim Ditchfield-designed four bedder for $2.55 million.

Holman, who runs a small football academy in the Sunshine Coast, and Femke are based in a five bedroom home in New Farm, which they bought for $2.43 million in 2016 when returning to Australia after spending 14 years playing soccer across Europe and Asia.

Born in Bankstown, Holman started his soccer career at Parramatta Power in the NSL before joining Dutch club Feyenoord in 2002.

Holman left Holland in 2012 to join Aston Villa in the English Premier League for a season then went on to play in Dubai and Abu Dhabi.

Holman has represented the Socceroos 63 times, scoring nine goals.
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Former Socceroo Brett Holman buys Peregian Beach new-build

Due to their&nbsp;beautiful beaches and parklands, Queensland&#39;s cities have become popular amongst families looking for affordable and low maintenance apartment living.

According to the last census, families with children were well represented in Australia&#39;s&nbsp;apartment living population, a trend that is likely to continue.&nbsp;

Here are&nbsp;six Queensland apartments perfect for families 
&nbsp;

1. <a href="/buildings/savvi-apartments-35-kelburn-street-upper-mount-gravatt">Savvi Apartments, Upper Mount Gravatt</a> 
Address: 35 Kelburn Street, Upper Mount Gravatt QLD 4122 
Three-bedroom apartments from $635,000

[smartcode_project:default project_id=28074]

Located in the leafy Upper Mount Gravatt, less than 15-minutes from Brisbane&rsquo;s CBD, Savvi Apartments is the latest offering from Opalyn Property Group. Ideal for families, Savvi offers residents modern living with an open-plan layout, large balcony area for entertaining and smart home technology.

Close to popular schools, including Mansfield State High School, the project&rsquo;s central location is a bustling hub of public transport, retail and lifestlye amenities. The home also includes an enclosed laundry area for a family&rsquo;s convenience.

 
&nbsp;

2. <a href="/new-apartments/chevron-one-36-46-stanhill-drive-chevron-island">Chevron One, Surfers Paradise</a> 
Address: 36-44&nbsp;<a href="/new-townhouses/astrid-residences-202-stanhill-drive-surfers-paradise?source_news_article_id=89593&amp;ref=news_body_link">Stanhill</a>&nbsp;Drive, Surfers Paradise QLD 4217 
Three-bedroom apartments from $1,175,000

[smartcode_project:default project_id=6515]

Situated in Surfers Paradise,&nbsp;<a href="/news/chevron-one-heralds-the-beginning-of-chevron-islands-transformation">Chevron One</a>&nbsp;presents an opportunity to secure a luxury residence ideal for a family of four. <a href="/developers/bensons-property-group">Bensons</a>&nbsp;Property Group&rsquo;s&nbsp;<a href="/news/chevron-one-heralds-the-beginning-of-chevron-islands-transformation">Chevron One</a>&nbsp;boasts intuitive design and quality finishes. Cooking for the family has been made easy in kitchens designed by the renowned chef, Shannon Bennett.

Designed by&nbsp;<a href="/architects/marchese-partners">Marchese Partners</a>, the development includes a Club One residents&rsquo; lounge, floating cinema, sculptured gardens and dining facilities. The home is in close proximity to independent schools, including The Southport School and St Hilda&rsquo;s. 
&nbsp;

3. <a href="/buildings/market-lane-the-collection-9-market-lane-maroochydore">Market Lane, Maroochydore</a> 
Address: Mundoo Boulevard, Maroochydore QLD 4558 
Three-bedroom apartments from $486,000

[smartcode_project:default project_id=29988]

Located in the new Maroochydore CBD, Market Lane will offer two and three-bedroom configurations, as well as a selection of penthouse style apartments for Sunshine Coast families. The two-tower project will enjoy a blend of the coastal lifestyle with urban city energy.

The welcoming community offers beachside attractions, family-friendly dining options and countless schools and services. 
&nbsp;

4. Regal, Southport 
Address: 61-73 Meron Street, Southport QLD 4215 
Three-bedroom apartments from $735,000

[smartcode_project:default project_id=22476]

Regal Residences blends family living with luxury and sophistication from its Gold Coast location. Designed by Kris Kowalski Architects, the residence features oak timber flooring, a lap pool, a state-of-the-art gym and a residents&rsquo; lounge.

Located close by beaches and Broadwater Parklands, Regal offers countless leisure activities and lifestyle amenities at your doorstep. 
&nbsp;

5. <a href="/buildings/silk-one-woolloongabba-825-847-stanley-street-woolloongabba">Silk One, Woolloongabba</a> 
Address: 825-847 Stanley Street, Woolloongabba QLD 4102 
Three-bedroom apartments from $805,000

[smartcode_project:default project_id=7879]

Silk One, comprising 177 one, two and three-bedroom apartments, is located within walking distance to the Brisbane CBD. Perfect for families who have a passion for cricket, the project features Brisbane&rsquo;s first and only rooftop skystand, overlooking the Brisbane Cricket Ground, the &lsquo;Gabba&rsquo;.

In close proximity to QUT and Torrens, Silk One offers convenience, style and luxury. Designed by Nettletontribe, apartments in the development include floor-to-ceiling windows, custom cabinetry and deep balconies, as well as a stunning rooftop recreation deck and ground-floor retail space.

The second stage, <a href="/new-apartments/silk-lane-woolloongabba-14-trafalgar-street-woolloongabba">Silk Lane, is expected to be released to the market mid 2021.</a> 
&nbsp;

6. <a href="/buildings/otto-mermaid-beach-1-bondi-avenue-mermaid-beach">OTTO, Mermaid Beach</a> 
Address: 1 Bondi Avenue, Mermaid Beach QLD 4218 
Three-bedroom apartments from $719,000

[smartcode_project:default project_id=6769]

Mermaid Beach&rsquo;s growing population of young families has heightened the demand for family-friendly luxury developments. Morris Property Group&rsquo;s OTTO offers a collection of 70 two and three-bedroom apartments of which you can be proud to call home. &nbsp;

Amenities include a recreational pool, cabana terrace and covered dining and lounge balcony, to enjoy a barbeque with family and friends. Beachside running and biking baths, as well as abundant transport links means OTTO is well connected

Urban takes a look at six Queensland apartments perfect for families

max.kwok_55688

Six Queensland apartments perfect for families

Apartment sellers in the luxury Main Beach block Sea have joined the windfall gains kicked off by the off the plan buyers three years ago.

The sixth level sub-penthouse in the boutique block of just seven whole floor apartments has just sold for $6.3 million, some $800,000 higher than it was bought for just eight months ago.

The whole floor apartment spans 365 sqm and has three ensuited bedrooms, a home office and a media room.

<img alt="" data-entity-type="" data-entity-uuid="" height="796" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/sea_main_beach_2.jpg" width="1200" />

The sale was secured in just 15 days by Ray White Surfers Paradise agent Robert Graham, to a local couple from the Gold Coast.

Investors will no doubt be looking to some of Main Beach’s high end apartment developments given the resale value which Sea, on the beachfront Main Beach Parade, has seen in recent years.

The majority of Sea’s off the plan buyers have seen huge price gains when re-selling their apartments following its mid-2018 completion.

<img alt="" data-entity-type="" data-entity-uuid="" height="802" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/sea_main_beach_3.jpg" width="1200" />

Most off the plan sales took place in early 2018, a few months before the Bayden Goddard-designed block was completed.

The second level apartment sold for $3.3 million in early 2018, and less than 15 months later when completed sold for $5 million. It traded again last year, bought for $5.35 million by the Dominos Pizza boss Don Meij.

<img alt="" data-entity-type="" data-entity-uuid="" height="787" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/sea_main_beach_4.jpg" width="1200" />

Apartment five, another which sold for $3.3 million off the plan in 2018, sold last year for $5.5 million, a $2.2 million gain in just two years.&nbsp;

It was sold by Brittany Eastment, wife of car dealer Greg Eastment, the latter still owning the ground level after his $3.5 million off the plan buy.

The whole floor apartment spans 365 sqm and has three ensuited bedrooms, a home office and a media room.

Main Beach apartment complex Sea secures $6.3 million sub-penthouse sale

CoreLogic’s best of the best 2020 report has revealed that the highest median unit value in Queensland&nbsp;was found in Noosa Heads, just shy of $900,000.

The report revealed Australia’s $7.2 trillion residential real estate market proved resilient in the face of a global pandemic, leaving an overall positive market outlook for 2021.

Eliza Owen, CoreLogic’s head of research, said the report highlighted the resilience of luxury markets in Australia.

On the overall top ten apartment markets every suburb&nbsp;listed amongst the nation’s best for unit value were located in Sydney, with Point Piper taking the top spot as it did in 2019 with a median unit value exceeding $2.28 million.

Queensland's Laguna Quays however had Australia's lowest median unit value at just $76,123

"The Sunshine Beach on the Sunshine Coast has seen the highest annual capital growth in houses nationally, compared with 2019 when St Kilda in Melbourne saw the highest housing growth,” Eliza&nbsp;Owen said.

<h2>Here are a two luxury apartments available on the Sunshine Coast</h2>

1. First Bay by Mosaic

<a href="/new-apartments/first-bay-by-mosaic-131-coolum-terrace-coolum-beach">131 Coolum Terrace, Coolum Beach QLD 4573</a>

<figure><a href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/first_bay.jpg"><img alt="" data-entity-type="" data-entity-uuid="" height="410" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/first_bay.jpg?itok=6OLSI7X8" width="580" /></a></figure>

With an estimated completion time late 2021 the&nbsp;direct beach-front location,&nbsp;First Bay, will feature a very limited collection of apartments across two boutique&nbsp;buildings.

Featuring just 36&nbsp;two and three-bedroom residences, featuring the Masterpiece full-floor penthouse for $2,900,000.

Their nearby development Drift by Mosaic, built in 2019 is already sold out.

2. Lumina Residences

14 Serenity Close, Noosa Heads QLD 4567

<figure><a href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/lumina.jpg"><img alt="" data-entity-type="" data-entity-uuid="" height="400" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/lumina.jpg?itok=xU_nqaQD" width="580" /></a></figure>

Developed by Cape Bouvard, Lumina Residences in the exclusive residential enclave of Settler’s Cove offering the facilities of a 5-star luxury resort.

Also known as L2, luxury residences are available&nbsp;From $1.75 million.

&nbsp;

CoreLogic’s best of the best 2020 report has revealed that the highest median unit value in Queensland was found in Noosa Heads, just shy of $900,000

jordan_55689

Noosa Heads hosts Queensland’s priciest apartments: CoreLogic

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The luxury redevelopment of the Kirra Beach Hotel site in Coolangatta's Kirra Point has already seen nearly half of their 118 Miles Residences apartments in stage one sell.

Some $88 million has been secured for the KTQ Group, whose $180 million first stage is part of their <a href="/buildings/miles-kirra-beach-hotel-101-musgrave-street-coolangatta">$380 million re-development of the site</a> which will also include a new pub and pavilion.

The average sale price has been $1.61 million.

The sales conversion has come off the back of more than 1,000 inquiries prior to the project’s much launch on December 27. 
KTQ Group development director Jeremy Holmes said the very promising sales start would fast track the commencement of construction on the project.

<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_.jpg" width="1200"></a> 
“We’re pleasantly surprised at the sales, but we were always of the belief that when we went to the market with Miles Residences there would be significant interest no matter what type of market we were in,” Mr Holmes said. 
“The reality is it is impossible to replicate this offering on a one-hectare site overlooking Kirra Beach. The fact that the southern Gold Coast market has been so strong, along with a pent-up demand for this particular development, has provided a solid foundation for the launch campaign.

Miles Residences has targeted predominantly owner-occupiers and will offer spectacular views across the Gold Coast from its location on one of Australia’s most famous north-facing beaches.

"We have seen a great cross section of buyers to date, with 70% coming from Queensland and 23% from New South Wales. 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.” 

Sales have ranged across a diverse mix of apartments with one-bedroom residences selling from $550,000 up to the most spectacular three bedroom plus MPR residences reaching $3,000,000.

<a href="/buildings/miles-kirra-beach-hotel-101-musgrave-street-coolangatta"><img alt="" height="806" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/kirra_exterior.jpg" width="1200"></a>

Prices start from $545,000 for the one bedroom apartments, from $795,000 for the two bedders and from $1.5 million for the three bedroom, three bathroom apartments.

Tim Keenan, of Keenan &amp; Co which is marketing Miles Residences, said the interest had been overwhelming.

“We have not stopped. The inquiry from locals as well as interstate purchasers has been relentless,” Mr Keenan said.

“The reality is that the southern Gold Coast has never seen such a quality offering and the market has responded in kind.

“Buyers who know and understand the uniqueness of one of Australia’s most iconic north facing beachfront locations have been waiting for a project of the quality and scale that KTQ Group has put together. 

 

“We are pleased that we still have some of the best apartments available for sale and we are seeing buyers across all price points and unit types. 

“This is the first major destination precinct for Kirra and the quality of these superlatively designed apartments to match such a wonderful location has combined to create enormous interest and sales conversions.”The Woods Bagot-designed tower is slated for completion in early 2023.

The Kirra Beach first stage is expected to take two and a half years to deliver and will create hundreds of initial construction jobs and then a number of hospitality jobs upon completion.

The family-owned KTQ Group are the owners of the award-winning Elements of Byron resort which has won multiple tourism and design awards including the Urban Development Institute of Australia’s 2017 and 2018 Awards for Excellence in retail and regional development.

 
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The KTQ Group's $380 million re-development of the site will feature 118 apartments in total and a new pub and pavilion.



Kirra Point's Miles Residences nearly 50% sold in just three weeks

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Jefferson Lane, on Palm Beach’s beachfront dress circle, has secured its first two sales.

There are seven whole floor apartments in the boutique development.

The sales both fetched more than $4 million within a month of being released to market on completion, the Gold Coast Bulletin noted.

The 15 Jefferson Lane complex, with a foyer made of marble, was developed by Kazumi Nakagawa and Jason Kennedy.

The project’s sales and marketing agent Deborah Provost said the two whole-floor were middle-level apartments.

<img alt="" height="809" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/15_jefferson_2.jpg" width="1200">

The 210 sqm three bedroom apartments overlooking Currumbin Alley were listed as starting from $4.3 million. The exact sale price to the buyers from Brisbane and Northern New South Wales have not been divulged.

The apartments at 15 Jefferson Lane only went on sale once the building was completed late last year.

The apartments have floors made of aged French oak and Italian calacatta oro marble in the kitchens with Gaggenau appliances and European tapware.

Provost, from DP Project Marketing, said the prices “reflected the style of apartment found on Sydney’s exclusive northern beaches yet at a third of the price.”

In late 2019 the ABC reported the City of Gold Coast bowed to local public pressure and recommended a reduction in building heights for further developments along Jefferson Lane.

The maximum height of future developments along the eastern side of Jefferson Lane was set to become 16 metres with a density of one bedroom per 50 square metres under the proposed city plan that changed residential zoned land from medium density to low–medium density.

The changes were to apply between Seventeenth Avenue and Laceys Lane.

H&amp;F's nearby <a href="/buildings/hemingway-1267-1273-gold-coast-highway-palm-beach">Hemingway apartments at Palm Beach</a> are being offered through local agent Justin Schmith, with prices starting from $415,000, with the most expensive apartments priced at $4,495,000.

 
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jchancellor

Jefferson Lane, Palm Beach development secures first two sales at over $4 million

Townhouses provide an affordable alternative to freestanding homes in capital cities, ideal for families, investors and young professionals.&nbsp;

Despite Brisbane&#39;s ban on new townhouse developments in low-density residential suburbs, approved&nbsp;in 2019, demand for these property&#39;s still exist. This provides&nbsp;great investment potential&nbsp;for those interested in securing an affordable townhouse in Brisbane&#39;s outer suburbs.&nbsp;

Urban takes a look at six of Brisbane&#39;s best value townhouses on the market right now.&nbsp;

1. <a href="/buildings/gardenia-7-franco-place-bridgeman-downs">Gardenia</a>, Bridgeman Downs 
Address: 249 Gardenia Place, Bridgeman Downs QLD 4035 
Three-bedroom townhomes from $489,999

<a href="/buildings/gardenia-7-franco-place-bridgeman-downs"><img alt="" class="image-article-full-width-580px" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/gardenia1.jpg?itok=Ch2rBapZ" style="width: 580px; height: 435px;" /></a>

Comprising 38 contemporary townhomes, Gardenia estate combines quality finishes and neutral tones to create a modern atmosphere. Developed in the leafy green surrounds of Bridgeman Downs, the stylish turn-key homes offer great value for investors and owner-occupiers alike.

Bridgeman Downs is one of Brisbane North&rsquo;s most sought-after suburbs, known for its open, green spaces and close proximity to the Brisbane CBD, Chermside shopping centre and Prince Charles Hospital.

[smartcode_project:default project_id=29167]

2. <a href="/buildings/sunset-on-bramble-15-bramble-street-woody-point?last_source_news_article_id=89594&amp;ref=news_related_project">Sunset on Bramble</a>, Woody Point 
Address: 15 Bramble Street, Woody Point QLD 4019 
Three-bedroom townhomes from $525,000

Sunset on Bramble offers contemporary beachside living in an established neighbourhood. Situated in Woody Point, potential buyers will be wowed by the relaxed seaside living and charming eateries that dot the coastal suburb.

The development boasts open-plan living, light-filled spaces and floor-to-ceiling windows. Ensuring convenience, these townhomes are located only 30 minutes to the Brisbane CBD, 25 minutes to the Brisbane Airport and under an hour to the Sunshine Coast.

[smartcode_project:default project_id=29177]

3. <a href="/new-townhouses/parkvista-5-kingsdale-avenue-thornlands">Parkvista</a>, Thornlands 
Address: Kingsdale Avenue, Thornlands QLD 4164 
Three-bedroom townhomes from $417,000

<a href="/new-townhouses/parkvista-5-kingsdale-avenue-thornlands"><img alt="" height="1440" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/parkvista.jpg" width="3200" /></a>

Thornlands&rsquo; latest two-staged project, Parkvista, could potentially be ideal for families hoping to find an inviting and friendly community. The stylish, turn-key townhomes offer community living, complete with pool, green spaces and sheltered seating areas.

Over 2.2 hectares of parklands are adjacent to the community, with integrated playgrounds and brand-new community childcare centre only a few minutes&rsquo; walk away. The residences boast tasteful interior design, energy efficient appliances and low-maintenance landscaping.

[smartcode_project:default project_id=28075]

4. <a href="/buildings/clearwater-junction-clearwater-street-bethania?last_source_news_article_id=89594&amp;ref=news_related_project">Clearwater Junction</a>, Bethania 
Address: Clearwater street, Bethania QLD 4205 
Three-bedroom townhomes from $335,000

<a href="/buildings/clearwater-junction-clearwater-street-bethania"><img alt="" height="900" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/bethania.jpg" width="1200" /></a>

South of Brisbane&rsquo;s CBD within the Logan City region sits the affordable Clearwater Junction development. The boutique estate, a collection of 61 three-bedroom townhouses, has been developed with timeless design in mind.

Offering a comfortable new home located nearby Logan entertainment precinct, the project offers open-plan living, modern kitchen and spacious bedrooms for young professions, families or investors.

[smartcode_project:default project_id=29171]

5. <a href="/buildings/metro-on-brushwood-9-11-wattlebird-street-mango-hill?last_source_news_article_id=89594&amp;ref=news_related_project">Metro on Brushwood</a>, Mango Hill 
Address: 9-11 Wattlebird Street, Mango Hill QLD 4509 
Three-bedroom townhomes from $360,000

<a href="/buildings/metro-on-brushwood-9-11-wattlebird-street-mango-hill"><img alt="" height="1440" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/parkvista.jpg" width="3200" /></a>

Offering a total of 79 townhomes with a mix of three and four-bedroom configurations, Metro on Brushwood presents high standard living at great value. The development provides an amazing opportunity for young families or those looking to add to their investment portfolio.

Metro on Brushwood features an onsite manager, entertainment area and a gym, as well as a fully-fenced private courtyard and modern kitchen.

[smartcode_project:default project_id=29176]

6. <a href="/buildings/fulcher-lane-102-fulcher-road-red-hill">Fulcher Lane</a>, Red Hill 
Address: 102 Fulcher Road, Red Hill QLD 4059 
Three-bedroom townhomes from $869,000

<a href="/buildings/fulcher-lane-102-fulcher-road-red-hill"><img alt="" height="533" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/fulcher_.jpg" width="800" /></a>

Situated in Brisbane&rsquo;s inner-north, Fulcher Lane features 20 three-bedroom, three-bathroom townhouses. The homes&rsquo; architecture includes a &lsquo;Queenslander&rsquo; style exterior, to ensure they blend in well with the surrounding established homes.

The luxury residences are expected to reach completion later this year, offering open-plan living, multi-purpose room, and the choice to tailor the home to a family&rsquo;s individual needs. This includes adding a private lift, pool, or altering floor-plan configurations in some areas of the home.

[smartcode_project:default project_id=29185]

Urban takes a look at six of Brisbane's best value townhouses on the market right now

6 of Brisbane’s best value townhomes on the market

<html><body>
Demand for lifestyle areas have been exacerbated by COVID-19, CoreLogic’s best of the best 2020 report revealed.

The report, dominated by Australia’s high-performing regional areas, highlighted the resilience of luxury markets in Australia.

“The relative popularity of lifestyle markets is evident in our report, and regional Australia out-performed the combined capital cities market”, said CoreLogic's head of research, Eliza Owen.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2021-01-13_at_8.22.20_pm.png" rel="gallery-all" title="Top performing regional suburbs. Source: CoreLogic"><img alt="" class="image-article-full-width-580px" height="298" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/screen_shot_2021-01-13_at_8.22.20_pm.png?itok=aLkp7KZD" title="Top performing regional suburbs. Source: CoreLogic" width="580"></a>

<figcaption>Top performing regional suburbs. Source: CoreLogic</figcaption></figure>Sunshine Beach on Queensland’s Sunshine Coast saw the highest annual capital growth in houses nationally, with an annual change in value of 27.6 per cent. The nearby Sunrise Beach also saw a significant annual growth of 24.4 per cent, to a median house value of $1.23 million.

The Sunshine Coast also hosted the regional property market’s best performing units with Noosa Heads and Sunshine Beach placing first and third, respectively, for the highest median unit value.

For investors and owner-occupiers who have yet to break into the Queensland market, their interests are expected to turn to the units with the highest annual capital growth, located on the Gold Coast.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2021-01-13_at_8.22.27_pm.png" rel="gallery-all" title="Top performing regional suburbs. Source: CoreLogic"><img alt="" class="image-article-full-width-580px" height="296" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/screen_shot_2021-01-13_at_8.22.27_pm.png?itok=QRpeGg7D" title="Top performing regional suburbs. Source: CoreLogic" width="580"></a>

<figcaption>Top performing regional suburbs. Source: CoreLogic</figcaption></figure>Currumbin recorded a 24.9 per cent annual growth in unit value to $632,749, while Tugun and Bilinga recorded an 18.7 per cent and 21.8 per cent growth, respectively.

Gold Coast’s Palm Beach similarly recorded a 20.8 per cent annual growth in unit prices, and has seen <a href="/news/temple-palm-beach-whole-floor-apartment-sells-for-375-million">recent trophy apartment sales</a>.

“Overall, the housing market outlook for 2021 is positive, given highly accommodative monetary and fiscal policy, signs of an economic recovery and many first home buyer incentives remaining in place through to early next year,” Owen said.

<h2>Here are two apartments in Queensland’s high-performing suburbs on the market right now</h2>

1. <a href="/new-apartments/chevron-one-36-46-stanhill-drive-chevron-island">Chevron One</a>, Surfers Paradise 
Address: 36-44 Stanhill Drive, Surfers Paradise QLD 4217 
Two-bedroom apartments from $705,000

<a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/chevron_one_island.jpg" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="326" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/chevron_one_island.jpg?itok=uDq5_-L_" width="580"></a>

Located in Surfers Paradise, Chevron One presents an opportunity to secure a luxury residence nearby other high-performing Gold Coast suburbs. Bensons Property Group’s Chevron One boasts a collection of 236 one, two and three-bedroom apartments.

Designed by Marchese Partners, the development includes a Club One residents’ lounge, floating cinema, sculptured gardens and dining facilities. 
 

2. <a href="/buildings/elysian-185-old-burleigh-road-broadbeach">Elysian</a>, Broadbeach 
Address: 185 Old Burleigh Road, Broadbeach QLD 4128 
Two-bedroom apartments from $835,000

<a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/elysian.jpg" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="350" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/elysian.jpg?itok=Rxk6SYe2" width="580"></a>

Spanning 21 levels, Spyre Group's Elysian is a boutique collection of 61 apartments. Redefining the standard of luxury, Elysian blends modern luxe styling with expansive ocean, city and Gold Coast hinterland views.

Designed by Bureau Proberts, the development includes floor-to-ceiling windows, resident-only pool, gym and yoga terrace and smart home technology.
</body></html>

Regional Australia out-performed the combined capital cities market, according to CoreLogic's Eliza Owen.

Regional Queensland market dominates CoreLogic's best of the best report

The high-rise plans by Brisbane architect Joe Adsett for a prime Rainbow Bay development site on the Gold Coast have been released.

There are plans to build a luxurious Coolangatta apartment tower, with seven apartments already snapped up since its conditional $13.05 million sale late last year.

The site sold by the departing Queensland developer Sunland Group is at 154-156 Marine Parade on the southern tip of the coast.

The property adjoins Sunland&rsquo;s Greenmount Beach Hotel, Coolangatta, which&nbsp;is currently on the market for sale.

<img alt="" height="1093" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/rockpool_rainbow_bay_3.jpg" width="1200" />

Under the contract, &nbsp;the purchaser, a company associated with Joe Adsett Architects, paid a refundable deposit of $500,000. The &nbsp;balance 10% deposit is due when the contract becomes unconditional and the full deposit will be released to Sunland at that time.

The contract is conditional on the parties agreeing certain access rights and easements for the property.

Sunland told shareholders it is expected these matters will be finalised in early 2021.

Once the contract becomes unconditional, settlement is due to be completed 30 September 2021.

The 1215sq m beachfront sale was a record for vacant land on the Gold Coast, according to the Gold Coast Bulletin.

Adsett plans 21 three and five-bedroom sky homes.&nbsp;

<img alt="" height="1074" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/rockpool_rainbow_bay_2.jpg" width="1200" />

Its half-floor apartments start from $2.65 million while full-floor apartments will be priced from $6.5 million.

There&rsquo;s no price reveal yet for the 1000sq m penthouse.

Mr Adsett said early interest in the project from locals had already resulted in the sale of seven apartments.

The development will be called Rockpool Rainbow Bay.

GV Property Group sold the site off-market for Sunland Group which paid $6.5 million in 2017 for what was a 1960s four unit strata complex, according to CoreLogic.

<h2>Other developments for sale on the Gold Coast</h2>

Shoreline, Surfers Paradise

[smartcode_project:default project_id=22057]

Shoreline is the latest&nbsp;Surfers Paradise tower&nbsp;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,&nbsp;Kirra Beach

[smartcode_project:default project_id=27575]

The Miles Residences Kirra Point will be one of Kirra Point&#39;s most impressive towers when it&#39;s completed in 2023.

The development of 118 apartments is part of the redevelopment of the&nbsp;Kirra Beach&nbsp;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.

There are plans to build a luxurious Coolangatta apartment tower, with seven apartments already snapped up



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