<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 property market on the Gold Coast and Tweed areas has bottomed in the first six months of this year, according to Herron Todd White.  

This is being shown by a ‘’significant increase’’ in buyers in the marketplace than there were over the previous 12 months.  
The valuer says agents are reporting significantly higher traffic through ‘open houses’ at all ends of the market, and there are now fewer mortgagee-in-possession and receiver sales than in 2012.  
Agents are also reporting low stock levels, especially in the under $700,000 price bracket.  
Herron Todd White says most demand is coming from owner occupiers.
"However, we are now also seeing investors moving back into the market.  
"The top end, being the house market in the over $2.5 million price range and prestige unit market, remains tough with forced sales still contributing to downward pressure.  
"The $1 million to $2 million price range, however, appears to have bottomed and levelled out and this is demonstrated by a recent canal-front property at Bundall which went to contract in early 2013 for $1.925 million. This contract failed to settle, however, when it was put back on the market it sold within one week at $1,950,000.’’  
The valuer says waterfront housing in the $700,000 to low $1 million price range is also seeing increased sales activity. For example, at Benowa Waters the first six months of this year has seen 11 sales at $1 million plus, compared to only four sales during the same period in 2012.  
At Runaway Islands there have been four to five sales at around $1.25 million compared to no sales at this price level last year.  
"Over the past 12 months buyers in the middle to higher end residential market have generally been looking for modern dwellings which they can move into and not have to undertake any renovation works. This has generally been due to property values falling while construction costs have remained fairly firm.  
"Therefore, buyers see better value in buying modern houses which can be purchased for below replacement cost, rather than buying land and then building. This has put downward pressure on land values and, during 2012, vacant land was difficult to sell and saw significant falls in value.’’  
Herron Todd White says a promising sign during the first six months of this year has been renewed sales activity among vacant waterfront land. The valuer notes two sales in Sir Bruce Small Boulevard at Benowa Waters for around $800,000 when one of these allotments sold last year for around $600,000.  
It says there have also been sales of lakefront allotments at Emerald Lakes for around $650,000 compared to last year when they were selling for around mid $500,000.  
‘’The strength of the market over the past six months has generally been in the under $500,000 detached housing market where stock has been turning over quickly, with agents now reporting very low stock levels. In the under $400,000 price bracket the market in certain pockets has seen some firming in value levels of up to 5%    
‘’Even with this firming at the bottom end, the market still presents good buying. For example, in the Pacific Pines, Upper Coomera areas modern, four-bedroom, two-bathroom, double garage houses on 600 to 800 square metres can still be bought for between $400,000 and $500,000 -- which is below replacement cost.  
‘’The high-rise home unit market still remains tough with supply levels still outweighing demand, especially for units in the over $500,000 price bracket.’’  
Rising Body Corporate fees are also another issue impacting on market values of home units, especially in older style high-rise buildings, the valuer says.  
It points out that, although the construction of the light rail project is causing significant disruption between Broadbeach and Southport, there will be ‘’significant positive flow-on effects for real estate in the areas surrounding it.  
‘’Overall, the past six months have seen a more positive vibe occurring in the Gold Coast property market.’’
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Gold Coast and Tweed Coast residential market has bottomed in first half of 2013: Herron Todd White

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The popular rhetoric that ‘the sky is falling’ on Queensland building and construction can’t be sourced back to fact, as data on upcoming demand shows good signs of an uplift in sentiment.
Industry forecasts by Australian Construction Industry Forum show that Queensland is one of several states where the overall trend across all building and construction work is positive.
<img height="377" width="470" src="/images/stories/2013/08/acif-chart-aug-14-two.jpg" alt="acif-chart-aug-14-two">
Some areas of work will need to get through some moderation in the short term, however, the outlook for the next decade is up,’’ VCIF executive director Peter Barda says.
‘’It is true that engineering construction has peaked, however the decline still leaves this sector at a historically high level even beyond 2022, so there is plenty of work yet to be done,’’ he says.
‘’The rate of growth in Queensland residential building work will outpace all other states, with forecast growth to be considerably higher than the aggregated Rest of Australia results.’’
Non-residential building work, which for most states is forecast to remain flat over the next few years, will enjoy sustained growth over the longer term in Queensland.
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Queensland building and construction data disproves "sky is falling" rhetoric.: ACIF

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Tourist operator Colonial Leisure Group will seek to streamline tourism services between Orpheus Island and Daintree Eco Lodge and Spa in North Queensland.
It bought the lodge recently and has owned Orpheus since 2011.
Owned by Computershare founder Chris Morris, the leisure group plans to merge synergies by offering helicopter services between the UNESCO World Heritage listed destinations.
“We plan to continue the success established over the 23 years of operation, in which the Daintree Eco Lodge &amp; Spa has achieved a number of Australian and international tourism accolades,” Morris told eGlobal Travel Media.
Daintree Eco Lodge &amp; Spa has a sense of exotic remoteness being 90 minutes (113km) north of Cairns airport and about 40 minutes (45km) north of Port Douglas at the gateway to the Great Barrier Reef.
Claimed to be the “most pampering ecolodge in the world” the eco lodge offers 15 rainforest tree-house style banyans nestled in the rainforest. It won the title of World's Leading Eco Resort and Spa at the 19th World Travel Awards in 2012.
Orpheus Island, on 1300 hectares of national park in the Great Barrier Reef, has long topped the tourist wishlist as it indulges just 34 guests at any one time. It offers guests the ultimate in tropical escapism – at a price: a beach front room is $1400 per night for two guests, a beach front villa $2800 per night for four guests, and a South Beach front suite $1100 for two guests. All come with gourmet meals and every conceivable extra.
Morris, who bought the lodge from receivers, is said to be keen to spend up to $1 million on improvements ‘’straight away’’ without closing the resort. He says this latest acquisition will go hand-in-hand with Orpheus and the company will eventually offer tourism packages and connecting flights between the resorts, The Weekend Australian reports. 
It has already invested more than $10 million in new aircraft, including a B407 and two EC120s, growing its fleet to 10 since May, when it bought Heli Charters and rebranded it Nautilus Aviation.
Colonial Leisure said in a statement it would invest significantly in upgrades to the lodge "subject to strategic and financial assistant from the Queensland government".
Mr Morris said government could ‘’give lots of help’’ in areas such as approvals for renovations and permits.
The purchase of the lodge comes at a time of volatility in the tourism market. China Eastern, previously one of the biggest international airlines to service the region, reportedly suspended flights from Shanghai to Cairns airport last week due to low passenger yields for the next few months.
Mr Morris declined to comment on the purchase price of the resort.
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jchancellor-FAypfDUnLy

Chris Morris expands North Queensland holdings from Orpheus Island to include Daintree Eco Lodge

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The Real Estate Institute of Queensland have rebranded and are obviously proud to launch their new website.
The <a target="_blank" href="https://reiq.com/">new website</a> puts a strong focus on finding property listings with their property search box taking front and centre.
There are then links to Queensland estate agents, property courses, market information and property guides.
<a target="_blank" href="https://twitter.com/TheREIQ"><img alt="tweet-of-the-day-aug-12" height="160" width="470" src="/images/stories/2013/08/tweet-of-the-day-aug-12.jpg"></a>
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The REIQ launches new website

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The Gold Coast City Council is one of the few councils that paint house numbers on the street curbs.
But the council's engineering committee has suggested council could save $150,000 a year by scrapping the hired contractors.
Its been suggested community groups could become involved in the practice that's primarily used by emergency services to identify houses.
The Queensland Ambulance Service and Queensland Fire and Rescue Service apparently rely on global positioning systems to locate an incident.
Home owners are supposed to have their house number visible on their letterbox, but many visitors have become accustomed to rely of the curbside numbering to get to the homes of friend or relatives.
Its been mooted stencils could be provided for free to groups such as Neighbourhood Watch to carry out the painting where it was wanted or necessary.
The Gold Coast is one of only a few councils in Australia to still have the service.
{module Should councils continue or reinstate curbside street house numbers?}
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Should councils continue or reinstate curbside street house numbers?

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A shopping centre in Sandstone Point, 45 kilometres north of Brisbane, has sold for $8 million to a private investment syndicate.
The Village Shopping Centre, at <a target="_blank" href="https://www.realcommercial.com.au/property-retail-qld-sandstone+point-500614383">204-208 Bestmann Road</a>, was sold by vendors POD Developments Pty Ltd.
Jones Lang LaSalle agent Sam Hatcher said the listing attracted strong interest.
“We received excellent interest from local and interstate investors and syndicators, attracted to the security of income, given 80% of the income for the centre is generated by three large and secure tenants,” Hatcher says.
“At the close of the expressions of interest campaign we had five strong offers and promptly agreed terms.”
<a href="https://www.realcommercial.com.au/property-retail-qld-sandstone+point-500614383">The centre</a> has an IGA supermarket and seven retail tenancies with a gross lettable area of 2,287 square metres.
There are 158 car-parks a medical centre, a newsagency and a hair salon.
“A strong attraction to the offering was the secure lease covenants with a mix of national and local retailers,” Hatcher says.
The centre is located between the Pebble Beach recreation reserve and the Pebble Beach retirement community village.
The centre has a weighted average lease expiry of more than of nine years.
The deal was negotiated by Sam Hatcher and Jacob Swan.
Hatcher says the side has a future expansion potential of 500 square metres of net lettable area.
The property earns $753,465 per year when fully leased.
The vendor bought the site in 2005 for $1.1 million and then built the centre in 2006.
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Caboolture shopping centre sells for $8 million

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Herron Todd White says ‘’anecdotal evidence’’ is that confidence is ‘’reasonably good’’ around the south east Queensland property market, but that job security is the big concern.
‘’It’s hard to pay your mortgage or rent without dollars coming in the door. Some certainty in the economy would be nice -- with a few observers saying a post-federal election surge is on the cards,’’ the valuer says.
‘’We wouldn’t be so bold as to make that prediction but politics and instability have played a hand in making the population uneasy on a number of fronts.’’
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Election jitters and job security unnerving SE Queensland property: Herron Todd White

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The Brisbane property sector performing the best is the trade-up market, says Herron Todd White.
Family size homes in the $1 million to $2 million range are being keenly sought by buyers wanting large blocks and sizable homes.
‘’Location is important, too. Competition is toughest within eight kilometres of the CBD, but this should come as no surprise,’’ the valuer says.
‘’This sort of real estate is generally blue-chip and will offer the best chance of capital growth in the coming years.’’
Recent million-dollar-plus house sales in the Brisbane inner suburban market include:
<a href="https://www.realestate.com.au/property-house-qld-auchenflower-112733819" target="_blank">31 MacIntosh Street, Aunchflower</a> (pictured below) 3km to the CBD, sold for $1,150,000 in January after 17 days on the market. Previous sales are November 2006 for $962,500 after 42 days on the market, June 2004 for $285,000 and March 1983 for $71,500.
<img src="/images/stories/2013/08/aunchflower_aug_30_one.jpg" width="470" height="353" alt="aunchflower_aug_30_one">
<a href="https://www.realestate.com.au/property-house-qld-hamilton-113117119" target="_blank">143 Crosby Road Hamilton</a> (pictured below), 9km from the CBD, sold for $1,550,000 in March after 61 days on the market. It was listed for sale in November 2010 and sat on the market for 171 days. It was previously sold for $640,000 in July 2003 and $460,000 in July 2002.
<img src="/images/stories/2013/08/hamilton_aug_30_one.jpg" width="456" height="342" alt="hamilton_aug_30_one">
31 Ralston Street, Wilston, 7km from the CBD, sold for $1,310,031 in March. It previously sold for $760,000 in July 2003, $635,000 in July 2002 after 43 days on the market and $105,000 in November 1987.
23 Chermside Street, Teneriffe, 2km from the CBD, sold for $1,146,000 in April after 34 days on the market. It previously sold for $330,000 in November 1997, $268,000 in April 1995 and $160,000 in May 1990.
Houses in the $1 million-$2 million range on the market include:
<a href="https://www.reiq.com/House/for-sale/paddington/2512736.aspx" target="_blank">33 Upper Cairns Terrace, Paddington  </a> 
Price: $1,500,000
In a low maintenance package, this multi-level Queenslander (pictured below) has plenty of living areas and excellent separation of space. Surrounded by greenery, this home offers a secure hub with beautiful elevation and breezes, and city and urban views. It’s within walking distance of Suncorp Stadium, transport, Petrie Terrace state school, Brisbane Grammar and Terrace schools. Also The Barracks, Given and Latrobe Terrace all within 3kms of the CBD.
<img src="/images/stories/2013/08/paddington_aug_31_one.jpg" width="470" height="314" alt="paddington_aug_31_one">
<a href="https://www.reiq.com/House/for-sale/red-hill/2427362.aspx" target="_blank">69 Glenrosa Road, Red Hill</a>
Price: $1,150,000 
Home to only four families in 110 years, this Colonial home was built for the postmaster of Brisbane in 1904. It has been extensively and sensitively renovated to suit a modern family. This well maintained home has four bedrooms, three bathrooms and offers several options for various family configurations.
<img src="/images/stories/2013/08/red_hill_aug_30_one.jpg" width="470" height="313" alt="red_hill_aug_30_one">
<a href="https://www.reiq.com/House/for-sale/fortitude-valley/2526141.aspx" target="_blank">49 Hynes Street, Fortitude Valley   </a>
Price: $1,200,000 
 This city edge opportunity is near where Newstead meets the Valley and a chic lifestyle precinct is quickly establishing. The quality of construction is evident throughout this architecturally inspired small lot home (pictured below) which was carefully constructed by the best craftsmen.
<img src="/images/stories/2013/08/fortitude_valley_aug_30_one.jpg" width="470" height="353" alt="fortitude_valley_aug_30_one">
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Brisbane's $1 million trade up market is the city's best performing price sector: Herron Todd White

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One of Brisbane’s first ever Spanish mission-style homes was listed for auction this month. And El Nido the elegant 1928 estate, with Brisbane River views, is now under offer.
At 19 Hillside Crescent Hamilton the four bedroom, three bathroom, two car garage residence features a World War two bomb shelter which is used as a wine cellar.
The home features a study and nursery, separate teenager retreat/ guest room, a large 1980’s style kitchen, in ground swimming pool, spa and sauna.
The estate is grand and full of character with polished timber floors, soaring coffered ceilings and dazzling lead light windows, the home sits on 792 square metres.
Rosemary Ahearn of Ray White Ascot was handling the <a target="_blank" href="https://raywhiteascot.com.au/qld/hamilton/987963/">listing</a>.
El Nido was up for sale in 2008, and then in 2010 at $2,790,000. Surrounded by palm trees, El Nido feels like the perfect spacious, Spanish luxury resort home.
<img height="127" width="470" src="/images/stories/2013/07/yieldsbanner.jpg" alt="yieldsbanner">
The median house price in <a target="_blank" href="/news">Hamilton</a> over the past five years has risen by 38%.
<img height="57" width="470" src="/images/stories/2013/05/trophyhomesstrapone.jpg" alt="trophyhomesstrapone">
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Brisbane's Spanish-style mission home El Nido

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Meriton’s Inifinity development in Brisbane is reaching new heights with construction now at level 75.
At 81 levels and 262 metres tall, Infinity will be the tallest tower in the Brisbane CBD.
Meriton’s first Brisbane development – Soleil – will have lost its mantle of tallest tower in the city.
Infinity features 549 apartments, with just under 85 apartments still available.
Of the 549 apartments, are plans by Meriton to keep 250 as serviced apartments - a growing component of the Meriton business.
One-bedroom apartments still on offer range in price from $480,000 to $498,000.
Two-bedroom apartments range in price from $619,000 to $656,000.
Three-bedroom apartments still available range in price from $933,000 to $984,000.
Apartments will boast views through floor to ceiling windows and will include bathrooms with freestanding baths and wall-mounted basins.
The gourmet kitchens feature stone bench tops and stainless steel appliances.
Residences will also have access to an indoor heated pool, sauna and spa.
Infinity is adopting the latest in elevator technology; a traffic management system to group people who are travelling to the same floors, therefore reducing the number of intermediate stops in between.
Meriton is offering a range of savings for potential buyers, including a stamp duty refund and 5% vendor finance.
Owners will also be eligible for the $15,000 first homeowner construction grant and investors are guaranteed a tenant on settlement.
Construction on <a href="https://www.meriton.com.au/properties/infinity-apartments-brisbane-cbd/" target="_blank">Meriton's Infinity</a> is scheduled for completion in late 2013.
The median apartment price in the <a href="/news">Brisbane CBD</a> is $455,000, a 1.1% change in five years, according to RP Data.
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