Longstanding Gold Coast and Canberra developer <a href="https://www.apartments.com.au/developers/morris-property-group">Morris Property Group</a> is continuing to roll on with its Glitter Strip apartment pipeline, seeking to return to Mermaid Beach with a new 68-apartment development.

Morris, founded by Barry Morris in 1978 and one of the Gold Coast’s most prolific apartment developers over the past two decades, has filed plans for a 12-storey mixed-use building at <a href="https://www.apartments.com.au/new-apartments/36-seabeach-avenue-mermaid-beach-qld-4218">34-36 Seabeach Avenue</a>, on the prized eastern side of the Gold Coast Highway.

The 1,227 sqm site occupies a prominent corner position at Seabeach Avenue and the Gold Coast Highway, opposite the Mermaid Plaza retail and office precinct and around 140 metres walking distance from the future Mermaid Beach South light rail station.

<a href="https://www.apartments.com.au/architects/fraser-partners-0">Fraser &amp; Partners</a> has designed the project, which will comprise 68 apartments across a mix of 48 two-bedroom and 20 three-bedroom residences.

The building will rise 12 storeys, reaching a maximum height of 36 metres, with the apartments accounting for a total of 156 bedrooms. The development application also seeks approval for short-term accommodation across the 68 apartments, while two office tenancies are proposed at ground level.

The plans show 108 car spaces across the development, with parking accommodated at ground level and within a three-level basement accessed from Seabeach Avenue.

<img alt="Seabeach Avenue and the Gold Coast Highway" data-entity-type="file" data-entity-uuid="c2175c99-12fd-4a3c-9be1-89bbf258a90d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-20%20at%202.59.41%E2%80%AFPM_0.png?VersionId=iNLzWcE6gaAE76rafhEXfHve.4g4Se0p" />

Resident amenity will be concentrated on level two, where Fraser &amp; Partners has designed a recreation deck with a swimming pool, 90 sqm pool terrace, outdoor barbecue area and gym.

The broader communal offering will also incorporate landscaped spaces, with the planning documents noting the amenity has been designed to provide areas for recreation, social interaction and outdoor living.

The proposal would continue the transformation of the Gold Coast Highway corridor through Mermaid Beach ahead of the arrival of the light rail.

The site is zoned Neighbourhood Centre and sits within the Mermaid Beach/Broadbeach Light Rail Corridor neighbourhood plan. While the prescribed building height is 24 metres, the site is identified within an Urban Neighbourhood context providing for a 50 per cent height uplift to 36 metres.

Planning documents describe the stretch of the Gold Coast Highway between Broadbeach and Nobby Beach as increasingly characterised by medium and high-rise development, with the proposed Morris tower joining projects including Ventura, The Alfred, Oceans and Otto.

<img alt="Seabeach Avenue and the Gold Coast Highway" data-entity-type="file" data-entity-uuid="911f193f-e381-4a55-be08-58be87fcf978" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-20%20at%202.59.48%E2%80%AFPM.png?VersionId=oxVvLJaY.SOXEdXrIcogfyEXDfvCmmpM" />

The development would mark Morris Property Group's latest investment in Mermaid Beach, where it has already delivered two apartment projects.

Otto, at 1 Bondi Avenue on the western side of the Gold Coast Highway, comprises 70 apartments across nine storeys. The project was completed in 2019 and includes a residents' gym, recreation deck and swimming pool.

Morris also developed Oceans at 46 Ocean Street, a nine-storey, 70-apartment build-to-rent development completed in 2019. Oceans was the group's first build-to-rent project and incorporates commercial space at ground level.

The two existing Morris projects sit further north along the same Gold Coast Highway corridor as the proposed Seabeach Avenue development. Fraser &amp; Partners' planning analysis specifically identifies both Otto and Oceans among the established built-form precedents surrounding the site.

<img alt="Seabeach Avenue and the Gold Coast Highway" data-entity-type="file" data-entity-uuid="14925119-7b71-4812-8149-340317512c7c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-20%20at%203.00.15%E2%80%AFPM.png?VersionId=aEJqYuw_nTCjcin17BSD0piB1EFotTlj" />

Mermaid Beach represents only part of Morris' considerable Gold Coast footprint.

The family-owned developer has been particularly active in neighbouring Broadbeach, delivering projects including Sierra Grand, Eclipse, Synergy, Qube, Koko, Opus and Malo, while its current pipeline includes Maison and the two-tower Crest development.

Further south, Morris has also developed a string of projects in Burleigh Heads, including Element, Boardwalk and Sandbar, while Essentia expanded its footprint north into Surfers Paradise.

The Seabeach Avenue application has been lodged by PMM Broadbeach Pty Ltd and seeks a development permit for a Material Change of Use for multiple dwellings, short-term accommodation and office uses. Zone Planning Group prepared the planning application, with Fraser &amp; Partners commissioned as architect.

The project comes as the developer continues to expand its Gold Coast pipeline while retaining a significant presence in Canberra. Morris now has more than $2.5 billion of development in its national pipeline and has delivered more than 7,000 homes during its near five-decade history

Joel Robinson

First look: Morris Property Group returns to Mermaid Beach with new Seabeach Avenue apartment development

<a data-saferedirecturl="https://www.google.com/url?q=https://www.apartments.com.au/developers/fortis&amp;source=gmail&amp;ust=1787272340808000&amp;usg=AOvVaw3hvFB2uWTRfEyEcpTSnnK9" href="https://www.apartments.com.au/developers/fortis" target="_blank">Fortis</a>&nbsp;is continuing its stronghold on Sydn​ey’s eastern suburbs apartment market, launching&nbsp;in September&nbsp;its latest boutique&nbsp;<a data-saferedirecturl="https://www.google.com/url?q=https://www.apartments.com.au/developments/double-bay-nsw-2028&amp;source=gmail&amp;ust=1787272340808000&amp;usg=AOvVaw0GI5S9-wNeiLUnM-d1uYkw" href="https://www.apartments.com.au/developments/double-bay-nsw-2028" target="_blank">Double Bay</a>&nbsp;development,&nbsp;<a data-saferedirecturl="https://www.google.com/url?q=https://www.apartments.com.au/new-apartments/55-william-double-bay-55-william-street-double-bay-nsw-2028&amp;source=gmail&amp;ust=1787272340808000&amp;usg=AOvVaw2YNouJQcFjiTTgVHbgDLA-" href="https://www.apartments.com.au/new-apartments/55-william-double-bay-55-william-street-double-bay-nsw-2028" target="_blank">55 William</a>.

55 William presents&nbsp;just eight north-facing&nbsp;two-bedroom, three-bedroom and full-floor&nbsp;residences to the market, priced from $4.5 million.

The upcoming launch comes just weeks after Fortis secured approval for the $80 million development, its third eastern suburbs approval in two months. Construction is already underway, with completion targeted for 2028.

[smartcode_project:default project_id=152579 project_image_fid=376250]

55 William adds to a growing concentration of Fortis projects in and around Double Bay, a market the developer has become increasingly active in over recent years.

Fortis previously completed the nine-residence Marmont on New South Head Road, while it is currently developing a mixed-use residential and retail project at 12 Cross Street. Its wider Double Bay footprint also extends into commercial and retail development.

The developer's broader Sydney residential pipeline is particularly concentrated across the eastern suburbs, with projects spanning Doub​le Bay, Ro​se Bay, Wo​ollahra, Dar​ling Point, Poi​nt Piper and Eli​zabeth Bay.

[smartcode_project:default project_id=152579 project_image_fid=376253]

At 55 William, Fortis has again turned to MHN Design Union, the architecture practice behind several of its eastern suburbs projects, while London-based 1508 London has been appointed to handle the interiors and Wyer &amp; Co the landscaping.

The six-level building will comprise a combination of two and three-bedroom apartments, including a garden residence, full-floor apartments, a sub-penthouse and penthouse. Each residence will have secure basement parking and private outdoor space.

A rooftop terrace for all residents, along with select apartments, enjoys views across Double Bay Harbour and toward the Sydney skyline.

Ceiling heights will reach up to three metres&nbsp;in select residences, while the kitchens will feature natural stone and integrated Gaggenau appliances.

&nbsp;

&nbsp;

The boutique nature of the project reflects the type of stock Fortis has increasingly targeted across Sydney's eastern suburbs, where larger apartments and smaller buildings are being pitched primarily toward local owner-occupiers and downsizers.

Fortis Group General Manager Ed Eve said the developer continues to see demand from buyers wanting to remain in the eastern suburbs but move into newer, lower-maintenance housing.

“We're seeing continued demand from local owner-occupiers and downsizers looking for high-quality homes that allow them to remain in the eastern suburbs, close to the lifestyle and community they know,” Eve said.

55 William is also one of the early projects to respond directly to the NSW Government's Low and Mid-Rise Housing reforms. Fortis had previously secured approval for just two townhouses on the 599 sqm site before revising the scheme to eight apartments following the planning changes.

Situated one street back from Double Bay's water's edge, the project enjoys an enviable harbourside setting within walking distance of Double Bay Village and the ferry wharf.

[smartcode_project:default project_id=152579 project_image_fid=376252]

Fortis has increasingly made the eastern suburbs a major focus of its Sydney pipeline. Beyond Double Bay, it recently completed the 14-residence Piper in Point Piper and has projects underway or planned across Rose Bay, Woollahra and Darling Point.

The developer recently secured approval for Verano in Rose Bay, a six-level development comprising 21 two, three and four-bedroom apartments, also designed by MHNDU.

55 William&nbsp;is soon to be release to the market with VIP appointments commencing early September,&nbsp;with residences priced from $4.5 million.

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Fortis continues eastern suburbs push with 55 William launch

UAE-based developer Arada has unveiled plans for a $2 billion twin-tower apartment development in Broadbeach, marking its first move into Queensland as it continues its rapid expansion across Australia.

Arada will develop 952 apartments across two towers on a prominent site opposite the Gold Coast Convention and Exhibition Centre, with the project targeted for completion ahead of the Brisbane 2032 Olympic and Paralympic Games.

The project represents Arada's largest commitment to the Australian market since arriving in the country in 2024 and significantly expands a local pipeline that has now grown to eight projects and more than 5,000 homes.

It will also be the first major Queensland project delivered by Roberts Co since the tier-one contractor was acquired by Arada Group in 2025.

Plus Studio has designed the Broadbeach development, which will comprise one, two and three-bedroom apartments across two towers connected by a landscaped podium.

A significant resident amenity offering will include lagoon and lap pools, a gym, sauna and steam room, alongside a mist room, infrared room and salt scrub facilities. Communal terraces, private dining areas, a library, residents' lounge and work-from-home spaces are also planned. Around 1,200 sqm of retail and hospitality space will occupy the ground floor.

The site puts Arada in one of the Gold Coast's most active apartment markets, directly opposite the convention centre and within walking distance of Pacific Fair, The Star Gold Coast and Broadbeach's dining and retail precinct.

It also has immediate access to the Gold Coast light rail network and sits just a few blocks from the beach.

Arada Group Chief Executive Ahmed Alkhoshaibi said Broadbeach represented an opportunity for the developer to expand beyond its initial NSW pipeline.

“Broadbeach is a world-class address that gives us the canvas to create a community of exceptional design and lifestyle quality that genuinely enriches the daily lives of the people who call it home,” Alkhoshaibi said.

“This is our first development outside New South Wales, and it reflects our growing ambition to grow in key urban markets around the country.”

Alkhoshaibi said bringing Roberts Co into the project would give Arada greater control over the development and construction process.

“Delivering this project through Roberts Co, our own tier-one construction business, means we can bring the quality, pace and accountability that our buyers expect.”

The move into Broadbeach comes as Arada accelerates its Australian expansion following its entry into the market two years ago. The developer has assembled a pipeline of eight projects comprising more than 5,000 homes, while the acquisition of Roberts Co last year gave the group its own Australian construction capability.

Globally, Arada has a development portfolio valued at $50 billion comprising more than 55,000 homes across the UAE, United Kingdom and Australia.

The Gold Coast is emerging as the next major market for the developer, with strong population growth and infrastructure spending ahead of the 2032 Games continuing to underpin significant apartment development across the coastal strip.

Arada plots $2 billion Broadbeach towers in major Queensland move

Sydney’s downsizer market is changing, with a growing cohort of buyers prioritising the right home over simply finding a smaller one.

Coronation Property Head of Sales Cam Porter says the traditional idea of downsizing does not necessarily reflect what many buyers are now looking for, particularly those moving from established family homes across Sydney.

Instead, he says they are increasingly becoming “right-sizers”, seeking lower-maintenance homes without sacrificing the space, amenity or quality they have become accustomed to.

“We are increasingly seeing buyers who are not motivated by the idea of simply moving into a smaller property,” Porter says.

“They are right-sizers. They want a home that is easier to manage and better connected, but they still expect generosity, quality and a floorplan that supports the way they live.”

It is a subtle but important distinction in a market where apartment developers are increasingly targeting established owner-occupiers.

[smartcode_project:default project_id=135149 project_image_fid=377495]

For many of these buyers, moving from a house to an apartment is not driven by a desire to dramatically reduce their living space. Instead, the appeal is in removing some of the maintenance associated with a larger home while retaining generous living areas, storage and enough flexibility to accommodate family and friends.

Coronation’s sales team is seeing buyers place particular importance on natural light, practical storage and additional rooms that can be used as guest bedrooms, home offices or secondary living spaces.

Kitchens and dining areas are also playing an increasingly important role, particularly for buyers who regularly entertain or have children and grandchildren visit.

[smartcode_project:default project_id=135149 project_image_fid=377494]

“These buyers still want their home to feel generous,” Porter says.

“They may want less maintenance, but they are not looking for less life.”

The challenge for the broader housing market is providing enough of the right stock to encourage that move.

While much of the discussion around Sydney’s housing shortage has centred on the number of homes being delivered, Porter says the diversity of those homes is equally important.

Older homeowners can remain in large family houses for longer when they cannot find an appropriate alternative in the neighbourhoods where they have built their lives.

“The decision is rarely as simple as wanting fewer bedrooms,” Porter says.

“People are weighing up their connection to a neighbourhood, the space they need for family, the quality of the home and whether it will continue to work for them over the long term.”

It also has implications beyond the downsizer market. Providing suitable apartments for smaller households can free up established houses for families who need the additional bedrooms and land, creating greater movement through the housing market.

<h2>Lillian targets the next stage of apartment buyer</h2>

It is a buyer Coronation is targeting at <a href="https://www.apartments.com.au/new-apartments/lillian-erskineville-9-metters-street-erskineville-nsw-2043">Lillian</a>, its new collection of apartments, terraces and penthouses at Erskineville Village.

Designed by Silvester Fuller, Lillian has been shaped around larger living spaces, natural light and flexible floorplans, alongside landscaped areas, wellness amenity and communal spaces for residents.

The development will form part of Coronation’s broader Erskineville Village precinct, which will combine new homes with green space, retail, hospitality and new pedestrian connections.

[smartcode_project:default project_id=135149 project_image_fid=377688]

McPherson Park will sit at the centre of the precinct, creating a significant new green space alongside the project’s retail and hospitality offering.

For Porter, the opportunity is to give buyers another housing option without forcing them to leave the part of Sydney they already know.

“People should be able to change the type of home they live in without having to change their entire life,” he says.

“For many buyers, Lillian offers the opportunity to remain connected to the Inner West and the city, while gaining access to a more convenient, walkable and considered way of living.”

[smartcode_project:default project_id=135149 project_image_fid=377687]

Coronation will explore the changing <a href="https://lillianresidences.com.au/news/lillian-x-space-x-downsizers-event-27-august/">right-sizer market at an event on August 27</a>, bringing together experts across property, design and lifestyle.

Held in partnership with SPACE, Poliform and Downsizer.com.au, the event will include a property market outlook from economist Michael Blythe alongside discussion around the considerations facing buyers planning their next move.

Attendees will also be able to learn more about the residences and amenity planned at Lillian Erskineville.

[smartcode_project_cta:default project_id=135149]

From downsizing to right-sizing: What Sydney buyers want from their next home

Family-owned builder and developer <a href="https://www.apartments.com.au/developers/omaya">Omaya</a> is bringing its 27-storey The Maybelle development to market, with the 229-apartment tower rising alongside Ismay Reserve near North Strathfield.

<a href="https://www.apartments.com.au/new-apartments/the-maybelle-21-parramatta-road-homebush-nsw-2140">The Maybelle</a> will comprise one, two and three-bedroom apartments, with its height providing elevated outlooks towards the Sydney skyline and Harbour Bridge, while other residences will look across neighbouring Ismay Reserve.

Designed by <a href="https://www.apartments.com.au/architects/squillace-architects">Squillace Architects</a>, the tower combines its parkside setting with proximity to the established retail, dining and transport amenity around North Strathfield.

[smartcode_project:default project_id=134873 project_image_fid=376196]

Residences will feature open-plan living spaces and a choice of two interior schemes, while communal amenity is spread across two elevated levels of the building.

Level 8 will be home to the Garden Pavilion, a full-floor resident space incorporating communal entertaining and breakout areas, seating and recreation spaces. Further up the tower, a landscaped Sky Terrace on Level 14 will provide another communal area with panoramic views towards the Harbour Bridge and Sydney skyline.

At ground level, the development sits directly alongside Ismay Reserve, where lawns, walking paths, children's play areas, picnic spaces and recreational facilities extend the green space available immediately around the project.

[smartcode_project:default project_id=134873 project_image_fid=376194]

The Maybelle is also within walking distance of North Strathfield and the Bakehouse Quarter, which provides a mix of cafés, restaurants, shops and everyday services.

Existing rail and bus services provide connections across Sydney, while the future North Strathfield Metro and access to the M4 will add to the transport options available around the precinct. Walking and cycling routes also extend via Powells Creek towards Sydney Olympic Park and its sporting, entertainment and parkland precincts.

Families are also well positioned for access to a broad selection of established schools and education options across Strathfield and the surrounding Inner West.

[smartcode_project:default project_id=134873 project_image_fid=376181]

Omaya has operated in Sydney for more than 35 years, managing projects from acquisition and design through to construction and delivery. The family-owned company is both developer and builder of The Maybelle.

Apartments start from $560,000, with the development protected by 10-year Latent Defects Insurance.

Construction is well underway, with completion expected by the end of 2026 and move-in anticipated from Q1 2027.

[smartcode_project_cta:default project_id=134873]

The Maybelle brings 27-storey parkside tower to market near North Strathfield

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>

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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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Birkdale House, the late 1800s Birkdale cottage of the Queensland interior designer Anna Spiro is under offer.

The five bedroom 27 Roger Street offering was listed through Sarah Hackett of Place Bulimba in August. 

Spiro’s house was for sale with the option of buying part, or all, of the furniture.

It sits on a 2,213 sqm block amid landscaped gardens. 

Its original heritage features, including decorative breezeways, VJ walls, casement windows, tiled mosaics, polished timber floors, picture rails and ofcourse lofty ceilings.

Large wraparound verandas extend the indoor living spaces outside and towards the pool.

On its listing Ms Spiro told The Courier Mail that living at Birkdale House was like living in the country, despite being a 30-minute drive from the centre of the CBD on Brisbane’s bayside.

Spiro and her husband Brad paid $1.2 million in 2010.

The property falls within Birkdale State School and Wellington Point State High School catchment areas.
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Birkdale House, the late 1800s Birkdale cottage of the Queensland interior designer Anna Spiro is under offer

jchancellor

Interior designer Anna Spiro's Birkdale House under offer

Brisbane developer Keylin Group has lodged plans for an art deco-style residential and hotel development fronting Brisbane's new Victoria Park Precinct in Spring Hill.

They're seeking to build the 15 level twin towers&nbsp;on the 3,370 sqm site at&nbsp;447 Gregory Terrace, formerly the HQ of the Queensland Government's electric power distribution company&nbsp;Energex.

The towers, designed by architecture firm DBI Design,&nbsp;will home 113 apartments and 120 hotel rooms, as well as residential and resort amenities.

It will be a mix of two, three and four bedroom apartments which will have views to Victoria Park, Mount Coot-tha and the Brisbane skyline.

There will be three penthouses crowning the building, each with their own private rooftop terrace.&nbsp;

A communal terrace will sit on level 14 of the 15 level tower, which will feature a floating lounge, two fire pits, a kitchen and outdoor dining space.

The design with expansive vertical gardens was considered to be an extension of the 45 hectare Victoria Park, which will soon become Brisbane's largest masterplanned green space.

Keylin Senior Development Manager Ian de Kretser says the design of the&nbsp;twin buildings will take a contemporary approach to the historic, art deco style of Spring Hill.

“The inclusion of climbing greenery across the façades, planter boxes on balconies and a landscaped rooftop terrace will allow the buildings to live and breathe as part of their surrounding environment.

<img alt="" data-entity-type="" data-entity-uuid="" height="1093" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/keylin_2.jpg" width="2000" />

“This amenity-rich locale has provided the perfect canvas for both residential and hotel development, with each building designed to cater to specific markets.”

Mr&nbsp;de Kretser said they are anticipating interest from staff at the nearby Royal Brisbane and Women's Hospital, or families with children&nbsp;attending the nearby St Joseph’s College, Brisbane Grammar and Brisbane Girls’ Grammar School campuses.

Keylin are currently selling four of their projects off the plan, with the Arnica Townhomes in Brisbane's Carina their only other capital city project. Dawson, at Upper Mount Gravatt, is coming soon.

They have 44 dwellings left to sell in Park Cove at Hope Island and 39 dwellings at Palladium, also at Hope Island.

Some of their more recent developments include the&nbsp;Arnica Townhomes&nbsp;at 188 Meadowlands Road in Carina and the&nbsp;Tempus, project, a selection of townhouses at 28 Bonogin Road in Mudgeeraba.

Keylin lodge plans for apartment and hotel development at Spring Hill in Brisbane’s new Victoria Park Precinct

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Businesswoman Katie Page’s Gold Coast boutique beachfront development at Main Beach, M3565 has secured its biggest sale to date.

A NSW buyer has spent $5.75 million on their 315 sqm fifth floor apartment.

The sale is the third in 2020, with two lower-floor apartments selling at $4.4 million and $4.75 million.

Robert Graham, of Ray White Prestige, advised there was just the one remaining apartment available in the complex where the Harvey's retain a bolthole given ongoing Magic Millions commitments.

<img alt="" height="1315" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/m3565_1.jpg" width="2000">

During its marketing Graham suggested M3565 had knocked Jade, previously the Gold Coast’s premier apartment block, from its mantle.

Like everything she turns her mind to, M3565 proved to be a cut above anything else seen on the Gold Coast.

Part of that stems from the fact that Katie Page and her husband, Gerry Harvey, are long time Main Beach devotees, so she knew the likely buyer needs.

There are seven apartments in the boutique Virginia Kerridge-designed building at 3565 Main Beach Parade.

<img alt="" height="1505" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/m3565_2.jpg" width="2000">

The typical whole floor apartments come with four bedrooms and four bathrooms.

Excluding the two level penthouse, the apartments were initially priced between $5 million and $7 million.

The remaining sixth floor apartment will be marketed at more than $6 million.

The previously highest sale was $5.5 million for the fourth floor apartment in 2018 which ranked as the highest price paid for a beachfront apartment in the Gold Coast that year.

Page bought the 882 sqm site for $15.5 million in 2007 and when they formally hit the market in 2017, Page announced she was keeping the two level penthouse.

<h2>Developments Nearby</h2>

<h2>White, Main Beach</h2>

Address - 24-26 Woodroffe Avenue, Main Beach

Less than 300 metres from the beach and offering a more affordable luxury apartment is White.

The McNab developed, WMK Architecture-designed tower is offering 325 sqm full floor apartments. Each apartment has three bedrooms, three and a half bathrooms, two living areas and a verandah.

Prices start at $2.2 million for the apartments which all feature a lift to lounge elevators and two side by side car parking spaces.

<img alt="" height="1490" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/white_main_beach.jpg" width="2000">
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Businesswoman Katie Page’s Gold Coast boutique beachfront development at Main Beach, M3565 has secured its biggest sale to date

Katie Page secures biggest M3565 sale at Main Beach

With the Brisbane property market in its strongest position in five years to generate price growth, first home buyers are increasingly interested in purchasing an inner-city apartment.

Brisbane&rsquo;s affordability, when compared to other cities such as Sydney or Melbourne, is helping boost demand.

Here are some of the most affordable prices for inner-city Brisbane apartments, whether you&rsquo;re a first home buyer or a smart investor.

1.&nbsp;Silk One, Wolloongabba 
One-bedroom apartments from $398,000 
Address: 825-847 Stanley Street, Woolloongabba QLD 4102

<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/silk-one-825-847-stanley-street-woolloongabba-9a6d5739b3a574becc1dba674a707b94.jpg" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="386" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/silk-one-825-847-stanley-street-woolloongabba-9a6d5739b3a574becc1dba674a707b94.jpg?itok=JZzB1lEG" width="580" /></a> <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/maxresdefault-8.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/maxresdefault-8.jpg?itok=cAFUO6B6" width="580" /></a>

Located in Woolloongabba, the home of the Brisbane Cricket Ground, the &lsquo;Gabba&rsquo;, Silk One comprises 177 one, two and three-bedroom apartments within walking distance to the Brisbane CBD. Designed by Nettleton Tribe Architects, the home features deep balconies, floor-to-ceiling windows and views of the Brisbane River, CBD skyline and beyond.

Amenities within the project include a rooftop recreation deck, above ground secure car parking and office and retail space. It features Brisbane&rsquo;s first and only rooftop Skystand, overlooking the Gabba.

The second stage, Silk Lane, is expected to be release mid 2021.

2. Renovar&eacute; Yeronga 
One-bedroom apartments from $389,000 
Address: 174 Venner Road, Yeronga QLD 4104

<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/renovare-yeronga-174-venner-road-yeronga-866298801bd136000c51763a32678665_0.jpg" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="309" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/renovare-yeronga-174-venner-road-yeronga-866298801bd136000c51763a32678665_0.jpg?itok=qhpuYj8z" width="580" /></a>

Delivered by the Gardner Vaughan Group, the eco-friendly development in the heart of Yeronga offers 30 one, two, three and four-bedroom apartments. Achieving a five-leaf rating of sustainability from the Urban Development Institute of Australia (UDIA), the residence has a positive impact on the environment and the community.

Adjoining the Fehlberg Park, residents will enjoy parklands, heated pool, green spaces, community herb garden and entertaining facilities.

3. The Coterie, Fortitude Valley 
One-bedroom apartments from $383,880 
Address: 365 St Pauls Terrace, Fortitude Valley QLD 4006

<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_coterie_height.png" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="387" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/the_coterie_height.png?itok=DotIm28U" width="580" /></a>

Located in the culturally rich inner-city suburb of Fortitude Valley, the Coterie stands as two residential towers comprising of 249 one, two and three-bedroom apartments across 27 floors.

Designed by Rothelowman and Bruce Henderson Architects, the home offers open-plan designs, floor-to-ceiling windows, oak floorboards and white joinery. The residences offer views over the Brisbane CBD, private outdoor spaces and exclusive amenities, including a private rooftop retreat, landscaped gardens and a swimming pool.

4. Mary Lane, Brisbane 
One-bedroom apartments from $460,000 
Address: 111 Mary Street, Brisbane QLD 4000

<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/mary-lane-111-mary-street-brisbane-cc34014d8017a299485caee03c3c9f70.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/mary-lane-111-mary-street-brisbane-cc34014d8017a299485caee03c3c9f70.jpg?itok=fz03Itfv" width="580" /></a> <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/retail_0.jpg" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="362" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/retail_0.jpg?itok=hPRQUCg_" width="580" /></a>

Mary Lane sits in the centre of Brisbane, offering 167 residences in one, two and three-bedroom configurations. For just $460,000, residents will have access to private amenities, such as a residents-only foyer, terrace pool, gym and function room. Although its perched above the Westin Hotel, the foyer and lifts remain separate.

One-bedroom apartments in the development feature floor-to-ceiling glass, a balcony and a full-size kitchen with quality appliances.

5. M Apartments, Kangaroo Point 
One-bedroom apartments from $415,000 
Address: 699 Main Street, Kangaroo Point QLD 4169

<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/m-apartments-699-main-street-kangaroo-point-c99c5000b79cae57bd60d9c2a196333e.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/m-apartments-699-main-street-kangaroo-point-c99c5000b79cae57bd60d9c2a196333e.jpg?itok=qMqE1wEc" width="580" /></a>

M Apartments is a new addition to Brisbane&rsquo;s Kangaroo Point and is only moments to the Woolloongabba dining precinct and the Brisbane CBD. The development offers 46 one and two-bedroom apartments, as well as three commercial properties located on the ground floor.

Amenities within the project include rooftop entertainment deck, timber flooring and a communal barbeque area with views over the surrounding suburbs.

Here are five of the most affordable entry prices for inner-city Brisbane apartments

max.kwok_55688

December 2020: The most affordable prices for new apartments in the Brisbane CBD

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The penthouse apartment in BluePoint Property’s Palm Beach luxury development, 77 Jefferson, has sold for $3.8 million.

It marks the sell-out of the luxury Gold Coast development.

The four-bedroom, three-bathroom apartment spans across levels nine and 10 of the building.

Set over 464sqm, the residence offered floor-to-ceiling windows, private rooftop pool, integrated barbeque and sheltered dining for entertaining.

Designed by Bureau Proberts, 77 Jefferson offered 360 degree views of the ocean, hinterlands and Surfers Paradise in their full-floor residences.

<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/jefferson.jpeg" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="290" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/jefferson.jpeg?itok=YGSLuYQw" width="580"></a>

All car spaces secure on ground level with no basements required, with other amenities including a communal recreation area with kitchenette, cinema and washroom.

The landscaping was by Bryns Lardner.

The penthouse was the last opportunity to buy in the building with all eight offerings now sold following its construction by Hutchinson Builders.

Olindah Property Group’s James Meredith and Nicole Riley marketed the property which was originally listed with an asking price of $3.995 million.

Prices within the development ranged between $1.29 million and $2.47 million, which saw all the full-floor residences sold within three months of launch.

BluePoint is directed by Marcus Dore, who prior to founding the company with Geordie Whitcombe, held positions with national companies including Walker Corporation, Mirvac and Colliers International.

Whitcombe was previously a development manager for Woolworths Limited, and ran his own development and advisory business.

The group's prior projects include East Palm Beach and Sea Palm Beach.

<h2>Developments nearby</h2>

<h2>Palm Beach Residences</h2>

The Palm Beach Residences, designed by the award-winning BDA Architecture, are selling two and three bedroom apartments starting from $554,000.

Slated for completion in 2022, Palm Beach Residences, located between Burleigh Heads and the captivating Currumbin Point, responds beautifully to its coastal setting, inspired by waves, with undulating, organic forms found throughout the development.

Each home features expansive glazing to make the most of the panoramic ocean views of Burleigh Heads, Pacific Ocean, Currumbin, and Hinterland.

<img alt="" height="1344" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/palm_beach_residences.jpg" width="2000">

The development also includes an exceptional selection of resort-style amenities on-site including:

 - 18m resort pool

 - Beach shower

 - Sauna

 - Private dining 

 - Boardroom

 - BBQs &amp; Pizza oven

 - Sun lounges

 - Zen garden

 - Work-from-home facilities

 - Bicycle &amp; surfboard racks

 - Lounge and fireplace
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The penthouse apartment in BluePoint Property’s Palm Beach luxury development, 77 Jefferson, has been sold

urban.com.au

Palm Beach penthouse sale marks sell-out of 77 Jefferson

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Lyndon Simmons, the owner of the popular Noosa beachfront restaurant Sails, has listed his newly finished Sunshine Beach home.

Simmons's development company recently completed the Park Crescent duplex, selling the other property off the plan in 2018 for $3.45 million, with settlement only occurring in May.

He transferred the other part of the duplex to his name in 2018.

The home, at the rear of the block, has three bedrooms and three bathrooms across its 255 sqm living space.

<img alt="" height="1300" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/sails_3.jpg" width="2000">

The open plan living area is located on the top level, featuring sliding glass doors to an ocean view balcony.

A glass lift runs from the living space to the guest retreat on the bottom level which opens to the rear garden complete with a deck and swimming pool, as well as a private path that leads directly to the beach.

<img alt="" height="1118" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/sails_2.jpg" width="2000">

Two more bedrooms sit on the middle level, one a master suite with its own bathroom.

Tom Offermann Real Estate Noosa agent Roark Walsh has the listing. 

Three years ago Simmons tried to sell the prime waterfront site of Sails, on the pricey beachfront Hastings Street, with expectations it could fetch $11 million.
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Noosa home of Sails restaurant owner Lyndon Simmons listed

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Given the recent sell-out of Flow Residences, premium Gold Coast off-the-plan buyers are looking at the remaining stock in other recently announced projects. 

Flow Residences was named Australia’s fastest selling beachfront apartments following their $74 million sell-out in late October.

Located on the southern Gold Coast, Flow is the project of avid surfer and local property developer Paul Gedoun. Overlooking Coolangatta’s Rainbow Bay from its 1 Petrie Street position, the S&amp;S Projects development will deliver 22 premium residences exclusively for owner occupiers.

Designed by Cottee Parker, each apartment within the 12-storey building offers ocean views of the pointbreak and the Gold Coast. Its amenities include a full-level residents beach club on the ground floor, with an outdoor heated pool, a recreation deck, private dining and function spaces and a gym.

<a class="colorbox colorbox-insert-image" href="/buildings/flow-residences-rainbow-bay-1-petrie-street-rainbow-bay" 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/2a4caea1-6e93-427e-ae47-de5ea4b4b3d0-w1600-h1200.jpeg?itok=S7Gjj7Td" width="580"></a>

The last apartment sold was a 241sqm, three-bedroom, three-bathroom, half-floor ‘oceanic residence’ valued at $3.2 million, which sold for $3.15 million in an unconditional sale in mid-October.

The majority were sold to local buyers from Queensland, with seven apartments sold to interstate buyers from NSW.

The project is expected to reach completion in 2022.

<h2>Other luxury developments on the market in the Gold Coast</h2>

Luxury developments are popping up all over the Gold Coast as demand increases for residences with water views and luxury resort-style facilities.

In just the last month, boutique US hotel operator Mondrian has announced it will launch its first brand residence in Australia at Burleigh Heads. Designed by architect Elenberg Fraser, the project will include 89 luxury private residences and 208 guest rooms with the pricing yet to be revealed. 

But in case you've missed out on Flow, here are a few of our favourite new luxury developments on the Gold Coast:

1. Chevron One 

Located at 36-44 Stanhill Drive, Chevron One stands 40 levels tall in the Gold Coast’s Surfers Paradise.

Designed by Marchese Partners and developed by Bensons, the project offers 236 one, two and three-bedroom configurations, resort-style amenities and an organic sculptural form.

<a class="colorbox colorbox-insert-image" href="/new-apartments/chevron-one-36-46-stanhill-drive-chevron-island" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="213" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/chevron-one-36-44-stanhill-drive-surfers-paradise-16c076d8ec443dabf56a4e63f137c7b6.jpg?itok=_zJS4ruU" width="580"></a>

Amenities within the project include an outdoor lagoon pool with floating cinema, an indoor pool and spa, a gym and a residents’ lounge.

Apartments in the complex start from $365,000 for a one-bedroom and from $1.175 million for a three-bedroom.

2. Palm Beach Residences 

Situated between Burleigh Heads and Currumbin Point, Palm Beach Residences offers 80 two and three-bedroom apartments with views of Burleigh Heads, the Pacific Ocean and Gold Coast hinterland.

<a class="colorbox colorbox-insert-image" href="/buildings/palm-beach-residences-10-12-brooke-avenue-palm-beach" 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/2016581624_4_1_201027_080721-w1600-h1200.jpeg?itok=TSLFT8VA" width="580"></a>

Designed by BDA Architecture, the CRU Collective project includes an 18-metre resort pool boardroom, zen garden and surfboard racks. The project has an estimated mid-2022 completion.

3. Acqua Palm Beach

With an affordable entry price of just $495,000 for a two-bedroom apartment, Acqua is attracting interest from first home buyers or smart investors. Situated at 10 Third Avenue, the project offers 62 two and three-bedroom apartments with resort-style amenities.

<a class="colorbox colorbox-insert-image" href="/buildings/acqua-palm-beach-10-third-avenue-palm-beach?last_source_news_article_id=41433&amp;ref=news_related_project" 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/acqua-palm-beach-10-third-avenue-palm-beach-a5b5d742543c423f5acc6a05885195a1.jpg?itok=l-3b7MH9" width="580"></a>

Amenities within the Marquee Development project include a glass-edge pool, rooftop retreat and fitness centre.
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Premium Gold Coast off-the-plan buyers are looking at the remaining stock in other recently announced projects following the sell-out of Flow Residences.

Gold Coast premium apartment buyers go with the flow

Ferro Chow Architecture, formerly Ferro&nbsp;Arch, is set to deliver industry-leading housing for people with disability in Brisbane’s northern suburb, Kedron.

Kedron Haven will offer four specialist disability accommodation (SDA)&nbsp;apartments, plus an on-site overnight assistance apartment, suitable for a carer.

The single-level apartments meet high physical support requirements under the National Disability Insurance Scheme (NDIS) and also exceed Livable Housing Australia’s ‘platinum’ design standard.

Situated at 189-193 Turner Road, the two-bedroom SDA apartments will offer a sensory garden, hydrotherapy pool and bocce green.

<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/spa-therapy_re-sized.jpg" rel="gallery-all"><img alt="" class="image-article-full-width-580px" data-entity-type="" data-entity-uuid="" height="435" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/spa-therapy_re-sized.jpg?itok=akp1VEFj" width="580" /></a>

Other features include assistive and communication technology, 24/7 disability support, solar and emergency power and smart control locks.

“From the outset we wanted Haven to be special and our team has worked really hard to strike the right balance between meeting the NDIS’ high physical support requirements and creating beautiful homes where people want to live,” said managing director Jared Chow.

“It is a privilege for Ferro Chow to be able to support the local community and provide people with disability essential, premium accommodation in a desirable suburban location”, he said.

Construction is due to start early next year, with residents expected to move into the home by the end of 2021.

Ferro Chow is currently working on several projects throughout Queensland, including <a href="/buildings/london-residences-10-bailey-street-west-end">London Residences in Brisbane's West End</a>.&nbsp;

Set on Bailey Street, the three-bedroom and four-bedroom residences are priced from $1.36 million and offer rooftop resort-style facilities including a pool, day beds, and a steam room.

Formerly Ferro Arch,&nbsp;Ferro Chow changed their name in late October following the promotion of Jared Chow to managing director.

Haven will offer four specialist disability accommodation apartments in Brisbane’s northern suburb, Kedron.

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