<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?

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The stockpicker veteran Geoff Wilson has bought a holiday home in the Sunshine Beach.

The Double Bay-based founder and executive chairman of the ASX-listed Wilson Asset Management has spent $6.5 million on one of the best street’s on Sunshine Beach.

It’s the same street Therese Rein spent a record $17 million on the home tennis legend Pat Rafter built. Karl Stefanovic spent $3.6 million on the street earlier this year, with nine sales on the street in 2020 ranging between $2.05 million and the big $17 million sale.

The home Wilson bought hadn’t traded for three decades, having last sold for $525,000 in 1990.

Set on 550 sqm, the absolute beachfront, with direct access to the sand, was described as Mediterranean in its marketing, with its plantation shutters, terracotta tiles, colonnaded entrance and slab hut gates.

The two level property has five bedrooms, including a master suite with a private balcony and an open-concept ensuite with a spa bath.

Century 21 Conolly Hay Group agents Mike Hay and Rachel Sellman secured the sale. It was listed for rent pre-Christmas at $3,200 a week, which would see Wilson net a 2.5 per cent yield.

Wilson is based in a Double Bay trophy bought for $10 million by his wife Karen Greer in 2010. He also owns a farm in Berrima.
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The Double Bay-based founder and executive chairman of the ASX-listed Wilson Asset Management has bought on one of the best street’s on Sunshine Beach.

Veteran stockpicker Geoff Wilson buys $6.5 million Sunshine Beach holiday home

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Habitat Development Group has secured approval from Economic Development Queensland (EDQ) for a second project in the new Maroochydore CBD, buoyed by recent sales success at their $83 million Market Lane project.

The new $94 million development, the Corso Residences, will include two towers, one 15-storey tower offering 116 apartments, including five penthouses, and an eight-storey tower, comprising 42 apartments and 715sqm of retail space.

Designed by Sunshine Coast-based K Architecture, the project will include a large resort pool on the ground floor and a communal rooftop terrace on level four connecting the two towers.

<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/the_corso_residences_-_habitat_-_renders-page-008.jpg" rel="gallery-all" title="The Corso Residences, Maroochydore"><img alt="" class="image-article-full-width-580px" height="446" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/the_corso_residences_-_habitat_-_renders-page-008.jpg?itok=tKQmxODb" title="The Corso Residences, Maroochydore" width="580"></a>

<figcaption>The Corso Residences, Maroochydore</figcaption></figure>“The recent sales rates at Market Lane have been very healthy and we expect to be sold out in March 2021, 12 months ahead of completion”, said Habitat Development Group director Cleighton Clark.

“The timing for the sales launch of the Corso Residences is scheduled for the second quarter of 2021 and we expect strong enquiry from those that may have missed out on our first project,” he said.

Two-bedroom apartments within Market Lane are listed from $430,900, and includes access to premium amenities, including a resort-style pool, landscaped open space and entertaining areas.

<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/marketlane.jpg" rel="gallery-all" title="Market Lane, Maroochydore"><img alt="" class="image-article-full-width-580px" height="387" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/marketlane.jpg?itok=XIx94aoo" title="Market Lane, Maroochydore" width="580"></a>

<figcaption><a href="/buildings/market-lane-the-collection-9-market-lane-maroochydore">Market Lane, Maroochydore</a></figcaption></figure><h2>Other luxury developments on the market in Queensland</h2>

Luxury developments are popping up all over Queensland, which has seen luxury markets thrive in Brisbane, Gold Coast and the Sunshine Coast as demand increases for residences with water views and luxury resort-style facilities.

1. <a href="/buildings/miles-kirra-beach-hotel-101-musgrave-street-coolangatta">Miles Residences, Kirra Point</a> 
Address: Corner Miles Street and Marine Paradise, Kirra QLD 4225 
One-bedroom apartments from $545,000

<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/miles-residences-kirra-point-corner-miles-street-and-marine-paradise-kirra-60739cd3988ed11fa9af2d1ab0dede76.jpg" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="435" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/miles-residences-kirra-point-corner-miles-street-and-marine-paradise-kirra-60739cd3988ed11fa9af2d1ab0dede76.jpg?itok=qc8QThjv" width="580"></a>

Situated on the north-facing Kirra Point, the KTQ Group’s Miles Residences offers 118 residences in one, two and three-bedroom configurations.

Designed by Woods Bagot, the project includes spacious apartments with a multi-purpose room and a suite of five-star amenities. Residents have access to bike and surfboard storage, resort-style pool and gym.

2. <a href="/new-apartments/chevron-one-36-46-stanhill-drive-chevron-island">Chevron One, Surfers Paradise</a> 
Address: 36-44 Stanhill Drive, Surfers Paradise QLD 4217 
One-bedroom apartments from $480,000

<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_bensons_pool2.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_bensons_pool2.jpg?itok=TYpV6v5D" width="580"></a>

The 40-storey Chevron One offers 236 one, two and three-bedroom residences in the Gold Coast suburb of Surfers Paradise. Delivered by Bensons and designed by Marchese Partners, the project includes resort-style amenities, and exclusive ocean views.

Residents will have access to amenities, including an outdoor lagoon pool with floating cinema, an indoor pool and spa, a gym and a residents’ lounge.
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max.kwok_55688

EDQ approves second Maroochydore CBD site for Habitat

With many&nbsp;projects expected to reach completion over the coming year,&nbsp;Urban&nbsp;has decided to take a look at five&nbsp;soon-to-be-completed&nbsp;developments&nbsp;offered in&nbsp;Queensland.

1. Cello, Greenslopes 
Address: 5-9 Flora Street, Greenslopes QLD 4120 
One-bedroom apartments from $349,000

<img alt="" class="image-article-full-width-580px" height="435" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/cellogreen.jpg?itok=6EyWDysZ" width="580" />

Set for completion in May, Cello Apartments is the latest addition to Brisbane&rsquo;s Greenslopes. Delivered by CS Development Group, the project offers one, two and three-bedroom residences just four kilometres from the Brisbane CBD.

Resort-style facilities, such as a swimming pool, sauna and spa, and fully equipped gym will be on offer to residents, alongside an on-site library, rooftop observation deck and boardroom.

[smartcode_project:default project_id=28592]

2. <a href="/buildings/opus-16-18-chelsea-avenue-broadbeach">Opus, Broadbeach</a> 
Address: 16-18 Chelsea Avenue, Broadbeach QLD 4218 
Two-bedroom apartments from $599,900

<img alt="" class="image-article-full-width-580px" height="295" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/morrisopus.jpg?itok=2yOuTK57" width="580" />

Morris Property Group&rsquo;s Opus Broadbeach project is slated for completion in mid-2021, allowing potential buyers the time to discover all this development has to offer before moving in. Located in the heart of Broadbeach, the project offers open-plan living, smart design and an enviable location with views over the ocean and Surfers Paradise.

Residents will have access to a two-level recreation deck, open-air pool, landscaped yoga lawn and fully equipped gym.

[smartcode_project:default project_id=6999]

3. <a href="/buildings/terraces-on-sandi-46-portal-street-oxley">Terraces on Sandi, Oxley</a> 
Address: 46 Portal Street, Oxley QLD 4075 
Three-bedroom townhomes with price available upon request

<img alt="" class="image-article-full-width-580px" height="435" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/sandi.jpg?itok=mLou_91E" width="580" />

Located in Brisbane&rsquo;s south-western suburb of Oxley, Terraces on Sandi provides affordable and contemporary living. Delivered by Privium Developments, the homes are slated for completion in May and are set to offer spacious two-storey designs.

The townhomes will include a private courtyard, double garage and some designs additionally boast a walkout balcony off the bedroom. Residents will be in close proximity to amenities such as childcare centres, schools, parklands, sports grounds and libraries.

[smartcode_project:default project_id=24491]

4. <a href="/buildings/mali-residences-4-6-alexandra-avenue-mermaid-beach">Mali Residences, Mermaid Beach</a> 
Address: 4-6 Alexandra Avenue, Mermaid Beach QLD 4218 
Two-bedroom apartments from $765,000

<img alt="" class="image-article-full-width-580px" height="455" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/malires.jpg?itok=iYMwQ9sQ" width="580" />

Dankav Developments&rsquo; Mali Residences offers 55 contemporary residences in one, two and three-bedroom configurations, with apartments available from $765,000. 
Designed by BDA Architecture, the project features a striking fa&ccedil;ade, open-plan entertaining spaces and luxury amenities. Located on the ninth floor is a range of leisure facilities, including a resort-style pool, sauna, gym and residents&rsquo; lounge.

[smartcode_project:default project_id=9088]

5. <a href="/buildings/plaza-central-maroochydore-10-18-pikki-street-maroochydore">Plaza Central, Maroochydore</a> 
Address: 10-18 Piki Street, Maroochydore QLD 4558 
Two-bedroom apartments from $435,000

<img alt="" class="image-article-full-width-580px" height="387" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/plaza-central-maroochydore-10-18-pikki-street-maroochydore-ee0498ba5b937cfe1f662117432d732e_1.jpg?itok=VQx9D_PM" width="580" />

Currently under construction, Plaza Central&rsquo;s first building is scheduled for completion in the last quarter of 2021, offering affordable and spacious apartments from $435,000. Developed by Pindan, the project is located within walking distance to the new Maroochydore CBD and the major retail precinct.

The Sunshine Coast development will be designed by Sprout Architects, offering a choice of two colour palettes, smart contemporary interiors and views overlooking lush greenery and the coast&rsquo;s retail hub.

[smartcode_project:default project_id=22041]

Urban takes a look at five new developments in Queensland that are expected to reach completion in the coming year.

5 QLD residential developments completing construction in 2021

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A Soul Surfers Paradise sub-penthouse fronting the beach is set for auction in late January.

The four-bedroom four-bathroom apartment is located on the 63rd floor of the Soul building on The Esplanade.

It holds panoramic views encompassing the hinterland, city skyline and Pacific Ocean both from inside and from the covered wraparound terrace.

Featuring 455 sqm of internal space, it is one of only two apartments on 63rd floor, accessible via express lift from 4 car spaces.

Along with access to all Soul amenities, including gymnasium, indoor and outdoor swimming pools, spa/sauna/steam room, rooftop gardens and BBQ area, it is a stroll from world famous beaches, shops, restaurants and other amenities.

Robert Graham of Ray White Prestige Gold Coast is marketing 6302/4-14 The Esplanade.

Built in 2011, the sub-penthouse last sold for $3.2 million in 2013.

It was previously put up for sale from late 2017 to early 2018, but did not find a buyer at that time.

The other 63rd floor sub-penthouse, a three-bedroom, two-bathroom affair last sold for $2.4 million in mid-2019.

The penthouse in the Soul building is also currently for sale, having last sold for $3.3 million in June 2019. The most recent sale in the Soul, unit 6601 changed hands for $3.25 million in October last year, having previously sold for $4.6 million in 2013. It is a three-bedroom, three-bathroom unit.

Just below is unit 6402, also currently listed and seeking offers over $4 million.
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The four-bedroom four-bathroom apartment is located on the 63rd floor of the Soul building

urban.com.au

Soul Surfers Paradise sub-penthouse set for auction

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The Brisbane apartment market ended 2020 on a high, recording a 0.4 per cent gain over December, according to data analytics firm CoreLogic.

It took the median apartment price to a 2020 high of $390,000.

Urban has taken a look at three developments which are selling apartments around the new median apartment value.

<a href="/new-apartments/venusto-172-venner-road-yeronga">Renovaré, Yeronga</a>

Address: 174 Venner Road, Yeronga QLD 4104

Price: From $389,000

<img alt="" height="890" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/renovare.jpg" width="1200">

The Gardner Vaughan Group Yeronga project Renovaré is offering its one bedroom apartment from $389,000, or $384,000 when taking in to account the $15,000 Homebuilder's Grant. They've just released their third stage, Vensuto, made up of 33 one, two, three and four bedroom apartments.

The project has achieved a five-leaf rating of sustainability from The Urban Development Institute of Australia (UDIA) which highlights the features and positive impact on the environment and community.

<a href="/new-apartments/the-coterie-365-st-pauls-terrace-fortitude-valley">The Coterie, Fortitude Valley</a>

Address: 365 St Pauls Terrace, Fortitude Valley QLD 4006

Price: From $383,880

<img alt="" height="851" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/the_coterie_fortitude_valley.jpg" width="1200">

Vicland Property Group's Fortitude Valley project The Coterie is offering one bedroom apartments from $383,880 just 1.5 kilometres from Brisbane's CBD in the bustling restaurant precinct. The site's original heritage bakery facade and feature interior elements of St Pauls have been integrated in to the development by architecture firms Rothelowman and Bruce Henderson Architects. 

The two residential towers are made up of one, two and three bedroom apartments across their 27 levels.

M Apartments, Kangaroo Point

Address: 699 Main Street Kangaroo Point, QLD 4169

Prices: From $415,000

<img alt="" height="883" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/m_apartments_kangaroo_point.jpg" width="1200">

Apartments in the boutique Kangaroo Point development M Apartments are now nearing the $390,000 Brisbane median. One beds start from $415,000, with the one bed apartments qualifying for the $15,000 HomeBuilder grant.

The apartment block has just 46 residences.

 
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Urban has taken a look at three developments which are selling apartments around the new median apartment value.

Brisbane apartment values rise 0.4 per cent in December: What you can buy for the new median

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Lynette Rex, wife of the former Ramsay Health Care chairman Chris Rex, is the latest buyer in Noosa.

The Rex’s, who have recently traded Tamarama for a lock-up-and-leave Bondi apartment, have spent $10 million on the Noosa Sound.

It took just one FaceTime inspection through Tom Offermann agent Tom Offermann, who secured the sale off-market.

Created by architect Peter Hull, the Mossman Court home last traded for $5.1 million in 2017. <img alt="" height="1276" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/noosa_2.jpg" width="2000"> Through its custom-made timber and glass front door and past the front courtyard, the four bedroom home has three bathrooms, and a home office.

Out the back there’s a deck, which spans to full width of the house and features an alfresco terrace with built in barbecue.

<img alt="" height="1332" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/noosa_3.jpg" width="2000">

There’s a private white sand beach and 20 metres of waterfrontage. It was offloaded by the Flynn family, who have owned a home down the road since the late 1990s.

When the home was listed last year for $6.55 million, Tom Offermann agent Nic Hunter told prospective clients to “take the plunge, slip on the sandals and get into holiday mode every day,” calling the property a “dream home”.

"While other markets around the country are patchy Noosa, especially prestige waterfront properties on Noosa Sound, continue to deliver steady, sustainable growth with 15.5% average compound annual capital growth over 41 years."
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Lynette Rex, wife of the former Ramsay Health Care chairman Chris Rex, is the latest buyer in Noosa

Lynette Rex, wife of former Ramsay Health Care boss Chris Rex, spends $10 million in Noosa

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Coffee king Dean Merlo has emerged as the $8 million buyer of a New Farm riverfront which sold at auction in September.

Merlo, who runs the family-founded Merlo Coffee, was landbanking the property, having been a neighbour since 2003 when he paid $1,035,000 for a red brick home on 531 sqm.

<img alt="" height="1296" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/oxlade_new_farm_2.jpg" width="2000">

Merlo now owns two of just nine riverfronts on the Oxlade Drive dress circle. His recent purchase of a four bedroom post-war home on 835 sqm takes his total to 1,365 sqm. 

He paid $10,900 per sqm for his recent buy, compared to next door which was more like $1,950 per sqm 17 years ago.

Merlo doesn’t need approval to demolish the xxx home which was swapping hands for the first time in 45 years when the late Peter Bettson, the owner of Brisbane Motor Auctions, got the block in a land swap with a friend.

<img alt="" height="1333" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/oxlade_new_farm_3.jpg" width="2000">

Ray White New Farm agent Matt Lancashire secured the sale.

Dean’s father immigrated to Australia from Italy in 1958, bringing with his Queensland’s first espresso coffee machine to take pride of place in his Milanos restaurant.
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Coffee King Dean Merlo spends $8 million on New Farm knockdown

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The Bondi Beach-based Fitness First founder Tony de Leede has been busy in Queensland.

De Leede has bought three apartment in the Phoenician holiday apartment resort in Broadbeach (pictured above), as well as buying an apartment in the brand new Spyre-developed block Elysian nearby (pictured below).

He's secured two one beds and a two bed apartment for a combined $1,017,000 in Phoenician, the Queens Avenue block developed by Jim Patis in 1996.

He's also spent $795,000 on a two bedroom apartment in the recently completed Elysian.

<img alt="" height="886" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/elysian_.jpg" width="1200">

The 130 sqm apartment with a wrap around balcony sought $900 a week after the purchase, reflecting a strong six per cent yield for the fitness entrepreneur.

De Leede is based in the luxury Campbell Parade block The Bondi, having spent $6.15 million upgrading from the nearby Pacific Bondi apartment, where he’s still looking for a buyer.

Last year De Leede, who founded Fitness First in 1993, sold his former Hedges Avenue, Mermaid Beach investment mansion for $6,325,000.

He retains an apartment in the Burleigh Heads Aspect complex which he bought over a decade ago, as well as properties in Port Douglas and a Gold Coast hinterland estate.  
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The Bondi Beach-based Fitness First founder Tony de Leede has been busy buying property in Queensland.



Fitness First founder Tony De Leede buys four Gold Coast apartments

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Billed as the best boutique residential complex on the Sunshine Coast, a penthouse in the Tangalooma Residence has been listed for sale at $7.4 million.

The whole floor space boasts over 550 sqm space with house like proportions on River Esplanade.

There are four bedrooms, all with walk-in wardrobes and ensuited bathrooms.

It comes with two master suites, situated at either end of the space.

There are two very separate lounge areas, a family room and home cinema along with a large executive office.

The kitchen comes with butler's kitchen and an internal bar.

The adjacent outdoor kitchen has refrigeration, stainless steel BBQ and wet area.

Facing east over a deep water position on the banks of the Mooloolah River, the apartment is serviced by its private lift from the garage for up to four cars.

All four apartments come with private lift.

Simon Guilfoyle at G1 Property and Tony Rich of Rich &amp; Partners are conducting private appointment over summer but only with eligible purchasers.

Earlier this year there was a $5.4 million sale of the ground floor apartment in Tangalooma.

It included a private marina berth, waterfront pool, and a five car garage.

With striking architecture, the ground floor space comes with 200 sqm of outdoor entertaining space.

Last year the complex won the HIA Apartment Complex of the Year and Apartment of the Year at the 2019 awards have been completed in late 2018. 

Tangalooma was developed by local builder Laz Dzufer, who with his partner Grant Kennedy, is now undertaking another premium apartment project in an absolute waterfront location, Botanica Riverside featuring only 16 apartments over eight levels with each residence 310 sqm in size with initial pricing starting at $2.4 million.

It's website suggests more than 60% of the development has been sold
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Billed as the best boutique residential complex on the Sunshine Coast, a penthouse in the Tangalooma Residence has been listed for sale at $7.4 million.

jchancellor

Sunshine Coast penthouse in Tangalooma Residence listed at $7.4 million

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Camelot in Coomera is the latest residential community in the heart of the booming Northern Gold Coast growth corridor suburb of Coomera.
Location-wise, <a href="https://www.choicehomes.com.au/estate/camelot" target="_blank">Camelot</a> offers everything for growing families. The area is home to numerous primary and secondary schools, the Coomera Marine Precinct and a modern TAFE campus.
Stage 1 of the billion dollar Coomera Town Centre – designed over 60ha with a focus on business, livability and community – has now opened.
The centre features 140 specialty shops, including Woolworths, Coles, Target, Kmart and a cinema; it will transform Coomera into a benchmark dining, lifestyle and entertainment destination.
The flagship of the town centre is a new Westfield shopping centre, anchored by a Myer department store.
The centre also includes government and commercial offices, medical facilities, alfresco dining precinct, and world-class retail, all close to the existing Coomera Railway Station.
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Coomera train station is the multimillion- dollar transport hub of the Northern Gold Coast, providing train station and rapid commuter services to Brisbane and Robina.
Stage 2 of the Gold Coast Light Rail is now complete, linking the Northern Gold Coast via light rail to the centres of Surfers Paradise, Broadbeach and Griffith University.
Its progress is set to unlock around $1 billion of development along the route.
The hub and interchange is also serviced by Gold Coast buses and links with the Gold Coast’s three major theme parks.
Camelot in Coomera also puts on your doorstep the natural wonders of South Stradbroke Island, the Coomera River, and the Gold Coast’s Broadwater and its sundrenched beaches. Each is a must to experience first-hand, where you can share and enjoy a special piece of paradise.
To download Choice Homes Urban Appeal 2019 magazine, <a href="https://www.choicehomes.com.au/estate/sovereign-estate" target="_blank">click here</a>.
 
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