<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?

Builder-developer 5Point has received an unprecedented uplift at its under-construction luxury new Palm Beach apartment development, Ophira Palm Beach.

The significant planning approval allows 5Point to increase the building height and add another two full-floor apartments to the exclusive development on the Jefferson Lane beachfront, enhancing what was already one of the most anticipated absolute beachfront apartment offerings on the southern Gold Coast with sales prices averaging in excess of $7 million.

When first launched last year, five of the then-eight apartments were snapped up within just a few months, by local downsizers.

Only one of the full-floor apartments remains for sale, with the two-level penthouse currently under negotiation.

<img alt="web living" data-entity-type="file" data-entity-uuid="abc1eef9-cde1-4b56-af4d-b3e43403ab60" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/WEB_type_b_living___dining_ophira_option_1_3D_render_by_VV.jpg?VersionId=WHQyVek5KPIeBIyCyJ1oD51ovuSM_mKR" />

5Point Projects Managing Director Damian Dove said the uplift was a major milestone for Ophira and 5Point, demonstrating that when the Gold Coast City Council’s strategic planning guidelines have been met, there is an acceptance for this type of development along the coastline.

“We had gone for low density, low occupancy in the original scheme,” Dove says, adding that it was their plan to go for the uplift to 12 levels.

“We were confident that if the building was designed for the downsizer in the luxury market space we would be able to meet city plan’s framework objective.”

Dove believes the approval will sit as a benchmark for what the local council and community will accept for future development along the beach.

“I am hopeful that Palm Beach will benefit as a result whereby great design and planning will continue to enhance the beachfront landscape.”

<img alt="Ophira" data-entity-type="file" data-entity-uuid="b135701f-aa1e-467d-a666-f5ec112f8010" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-06-18%20at%203.06.03%E2%80%AFPM.png?VersionId=QtvRNlHySLdvGnnV0Y8hhbi91gU8zvWW" />

Each full-floor residence will offer between 294 sqm to 322 sqm of internal and external living space, including balconies with uninterrupted ocean views. They will have three ensuited bedrooms, display wine storage, and a scullery off the kitchen.

Ophira’s two-level penthouse will deliver 516 sqm of internal and external living space, comprising four bedrooms, four-and-a-half bathrooms, and its own private lift, bar and outdoor entertainment area featuring a pool, sauna, and sundeck.

Dove says the strong sales received to date is a testament to the design by BDA, the clever configurations of the floorplans to hero the beachfront setting, and the timeless luxury architectural fixtures and finishes.

“As with each of our projects, we wanted to create something that differentiated itself from the market," Dove said.

“We are passionate about creating spaces that resonate with the unique essence of Palm Beach while meeting the evolving needs of modern living."

<img alt="Superman" data-entity-type="file" data-entity-uuid="519e4360-f8a1-420d-a776-fd9e5293b617" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/WEB_superman_ophira_3D_render_by_VV.jpg?VersionId=9Www51ROXAiqgI.oDQuELXRjdko6AtmP" />

Since bringing development in-house to their already well-established construction business, 5Point has a proven capability and success. They have over $160 million of apartments under contract on Jefferson Lane alone.

Their second Jefferson Lane development, Palm Shores, just 400 metres up the road from Ophira, sold eight of its 16 residences in just four weeks. Now 12 have sold, leaving just four remaining, including a unique four-bedroom two-level beach home that offers direct beach access.

[smartcode_project_cta:default project_id=138441]

5Point Projects Managing Director Damian Dove believes the approval will sit as a benchmark for what the local council and community will accept for future development along the beach.

5Point’s Ophira uplift puts Palm Beach beachfront centre stage

Having delivered several new townhouse developments to the Noosa region in recent years,&nbsp;Altum Property Group is continuing to create new opportunities where new homes don't tend to exist.

Their latest play is in Rainbow Beach, where <a href="/developers/altum-property-group">Altum</a> has proposed a new&nbsp;medium-density residential complex just a stone's throw from the shoreline.

The apartment project at 9 Wyvern Road will rise from a prime 7,273 sqm site in the heart of&nbsp;the Rainbow Shores precinct. It will sit within the&nbsp;established Tourist Accommodation Zone that forms part of a broader masterplanned coastal township long envisioned for the area.

Designed to complement its coastal surrounds, the proposed development will comprise 34 apartments in a low-rise format, focused on providing a mix of housing products within an increasingly popular lifestyle-driven location.

<a href="/developments/rainbow-beach-qld-4581">Rainbow Beach</a>, once considered a quiet holiday village, has seen a significant rise in demand as more buyers seek regional lifestyle alternatives. The site benefits from its positioning within walking distance to the beach, local cafes, and national parklands.&nbsp;

<img alt="9 Wyvern Road, Rainbow Beach" data-entity-type="file" data-entity-uuid="21b15d35-8022-4504-a561-4db3ac108900" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/9%20Wyvern%20Road%2C%20Rainbow%20Beach%20site.png?VersionId=.ZANGw88uflpg9P91kct_RIhDRdRK5aP" />

Wyvern Road itself is a quiet cul-de-sac, tucked away from the township’s main activity hubs, yet close enough to the Rainbow Beach town centre and major access roads. This offers the sought-after balance between privacy and convenience — something that continues to appeal to both downsizers and coastal movers looking for a tree or sea change.

Altum’s proposal aligns with the Gympie Regional Council’s planning intent for the Rainbow Shores area, with code-assessable approval sought under the Tourist Accommodation Zone. Planning documents suggest the project will avoid significant site disturbance and retain existing vegetation wherever possible — a nod to Altum’s broader commitment to ecological sensitivity and long-term placemaking.

Altum has built a reputation in the Noosa area having recently delivered The Whiteley and Parkridge in Noosa and Indigo Sunshine Beach.

Milestone Property Group's Jeremy Gilmore will handle the sales for Altum, having sold out their Noosa developments.

Rainbow Beach, once considered a quiet holiday village, has seen a significant rise in demand as more buyers seek regional lifestyle alternatives

First look: Rainbow Beach set for rare new apartment development

Malaysian conglomerate <a href="/developers/mrcb">MRCB</a> International has sold more than 50 per cent of apartments in its $200 million Maris development in <a href="/developments/southport-qld-4215">Southport</a> ahead of its formal market release, highlighting a surge in demand for well-priced apartments in key Gold Coast urban precincts.&nbsp;

The project, approved by the Gold Coast City Council, will comprise 192 one- and two-bedroom apartments across 20 levels, with the option to amalgamate into three-bedroom residences.

To date, only the lower levels of the building have been sold, with upper-level apartments to be released later this quarter. MRCB International CEO Ravi Krishnan said the response had far exceeded expectations.&nbsp;

“Maris has resonated with buyers who recognise the long-term value in Southport’s transformation,” said Krishnan.&nbsp;

“The demand we've received to date validates our approach of creating considered, lifestyle-driven residences in locations with deep infrastructure, connectivity and lifestyle appeal.”

<img alt="Maris, Southport" data-entity-type="file" data-entity-uuid="6e685fd8-5135-4e9d-b1da-268ebcd7d025" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/MRCB11725_Maris_E02_Hero%20Queen%20Street%20Intersection_Warm_Tone.jpg?VersionId=_Hp9BRNg.mfaqqOYxwMxsQK.05LCXfyh" />

Demolition of the former Sundale Motel site is now complete, with construction of Maris expected to commence in the second half of 2025, and completion forecast for 2027. &nbsp;

Designed by <a href="/architects/plus-architecture">Plus Architecture</a>, Maris pairs contemporary coastal architecture with elevated amenity, offering residents access to a rooftop yoga and dining terrace, a podium-level pool, gym, sauna, and expansive lounge spaces with panoramic views of the Broadwater and Gold Coast skyline.&nbsp;

The project occupies a prominent position opposite the Broadwater Parklands light rail station, and is within walking distance of Australia Fair, retail and dining, and the proposed Olympic arena at Carey Park, slated to drive significant investment in the lead up to the 2032 Games.&nbsp;

Recent research from Urbis confirmed Maris was the single largest contributor to Gold Coast apartment sales during the March quarter, accounting for 80 of 209 new apartment sales city-wide.

Krishnan said the data reinforced MRCB International’s strategy to deliver accessible, lifestyle-led residences in strategically located precincts.&nbsp;

“Buyers are recognising the value in Southport and the opportunity to secure design-forward apartments in walkable, connected neighbourhoods,” Krishnan added.&nbsp;

“We’re focused on creating quality projects that align with how people want to live now, and into the future”.&nbsp;

Maris builds on the momentum of MRCB International’s flagship 26 Vista project in Surfers Paradise, one of the fastest-selling developments on the Gold Coast in 2023 and 2024.

[smartcode_project_cta:default project_id=134403]

Demolition of the former Sundale Motel site is now complete, with construction of Maris expected to commence in the second half of 2025, and completion forecast for 2027.  

MRCB sells half of Maris Southport apartments before official launch

Unit values on the Gold Coast edged down slightly in May, marking a rare softening in what remains an otherwise heated property market.

The decline was modest—just 0.1 per cent, according to the monthly Home Value Index by Cotality (formerly CoreLogic). Despite this minor drop, unit values have remained resilient, rising 1.3 per cent over the past three months and 5.4 per cent over the past year.

This small dip brings the median unit value on the Gold Coast to just under $850,000. However, the downward movement is not expected to persist, with demand for property in the region remaining strong, bolstered by expectations of further interest rate cuts from the RBA.

In contrast, house prices on the Gold Coast surged in May, climbing 0.9 per cent.

<h2>What happened in Gold Coast’s off the plan apartment market in May?</h2>

While <a href="/developments/gold-coast-qld">Gold Coast</a>&nbsp;unit values saw a rare contraction in May, prices aren't about to become significantly more affordable.

What is shifting, however, is the type of product being delivered to market.

The Gold Coast experienced a wave of money from the southern states during COVID, which led to a significant number of half- and full-floor apartments being developed in a short space of time. While these were quickly snapped up—thanks to continued demand over several years—this shift meant smaller apartments fell by the wayside. Even one-bedroom apartments were becoming a thing of the past.

But in recent months, including May, developers have begun reintroducing slightly smaller, more affordable apartments. This is helping meet an underserved segment of the market: buyers who are ready but haven’t had enough supply to choose from.

The Melbourne-based, Malaysian-backed development conglomerate MRCB is soon to launch Maris in Southport, a rare example of affordability-focused development.

There isn’t a single three-bedroom apartment in the building—just 180 one- and two-bedroom residences in the Southport Priority Development Area.

<img alt="MRCB greenlit for Maris, Southport apartments" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_auto/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screenshot%202024-08-27%20at%208.56.13%E2%80%AFAM.png?VersionId=NzE9cgDGoWh3sGj8X7ZNyKH_bx6Sr.YV" />

Backed by Malaysian Resources Corporation Berhad, the project will replace the Sundale Motel and deliver a housing mix aimed at affordability, just steps from Broadwater Parklands Station.

Designed by <a href="/architects/plus-architecture" target="">Plus Architecture</a>, Maris will also feature a communal recreation deck and lush podium landscaping.

Read more: <a data-end="1662" data-start="1612" href="#" rel="noopener">MRCB greenlit for Maris, Southport apartments</a>

In Palm Beach, <a href="/developers/sherpa-property-group" target="">Sherpa Property Group</a> continues to expand its value-conscious Flourish brand with plans for <a href="/new-apartments/flourish-ovana-1150-1154-gold-coast-highway-palm-beach-qld-4221">Flourish Ovana</a>, a 102-apartment project located directly across from their flagship development, Flourish on Sixth.

[smartcode_project:default project_id=150017 project_image_fid=195]

If Flourish Ovana follows suit, it will feature a handful of one-bedroom apartments priced around $600,000, and two-bedrooms under $1 million.

The rooftop will include a swimming pool and spa.

Read more: <a data-end="2253" data-start="2187" href="#" rel="noopener">Sherpa expands Palm Beach footprint with Flourish Ovana plans</a>

Developer <a href="Dankav">Dankav</a> is also targeting the one- and two-bedroom market with <a href="/new-apartments/the-alfred-2375-gold-coast-highway-mermaid-beach-qld-4218">The Alfred</a>, a new mixed-use lifestyle precinct that will replace the Mermaid Beach Shopping Village.

The seven-level building will offer 80 one- and two-bedroom apartments above a vibrant hospitality precinct, capitalising on the proximity to the new light rail extension.

Dankav has enlisted BDA and J.AR Office to design the building.

<img alt="First look: Mermaid Beach Shopping Village to make way for Dankav's latest mixed-use development play" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_auto/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screenshot%202025-05-14%20at%209.05.31%E2%80%AFAM.png?VersionId=gdBfGxorSfC4.6jrH.xG7C3Ckw2kh1H." />

"An opportunity exists to create a flagship mixed-use development that redefines the urban experience along the Gold Coast Highway," J.AR and BDA noted.

“Through considered analysis of the existing context of this area of Mermaid Beach and the envisaged potential for adjoining urban redevelopment, this design outcome will result in the addition of an elegant and visually interesting mixed-use tower with a highly active ground plane, which will provide considerable amenity for residents and visitors, and become a complementary and respectful addition to the ever-emerging light rail corridor of Mermaid Beach.”

Read more: <a href="/news/qld/first-look-mermaid-beach-shopping-village-to-make-way-for-dankavs-latest-mixed-use-development-play">First look: Mermaid Beach Shopping Village to make way for Dankav's latest mixed-use development play</a>

Developer<a href="/developers/polycell-group"> Polycel</a>l&nbsp;continues to target the higher end of the market, having nearly sold out their debut Gold Coast project, <a href="/new-apartments/the-rochester-broadbeach-143-surf-parade-broadbeach">The Rochester</a>.

In May, the developer proposed their third local venture: a 59-level redevelopment of the Sandpiper site.

Effectively The Rochester 2.0, the new tower will comprise 216 apartments and three levels of resident amenity, including floating daybeds by a resort-style pool, golf simulators, two-level lounges, and private cinemas.

Read more: <a data-end="4067" data-start="3977" href="#" rel="noopener">First look exclusive: Polycell files Sandpiper redevelopment plans after owner buyout</a>

While Gold Coast unit values saw a rare contraction in May, prices aren't about to become significantly more affordable

City Beat May 2025: Developers eye shifting trends as affordability re-emerges on the Gold Coast

Local Gold Coast developer&nbsp;<a href="/developers/aniko-group">Aniko Group</a> has officially launched the first stage of The Landmark, a $2.5 billion masterplanned, mixed-use development in Mermaid Beach.

With construction now underway, the project marks one of the most ambitious and transformative undertakings in Queensland’s recent history.

[smartcode_project:default project_id=134338 project_image_fid=311027]

The Landmark will comprise four towers with a mix of apartments, premium commercial space, fine dining, and a 5-star internationally branded hotel.

The first stage of the project will complete in 2027,&nbsp;through Aniko's own construction arm, Aniko Constructions. 240 apartments are part of the first release.

George Mastrocostas, Founder and Managing Director of Aniko Group, said the project has been years in the making.

"[It]&nbsp;embodies our long-held aspiration to create something truly exceptional,” Mastrocostas said.

“To simultaneously launch and begin construction on <a href="/new-apartments/the-landmark-mermaid-beach-14-seaview-avenue-mermaid-beach-qld-4218">The Landmark</a> represents more than just a milestone; it’s a clear and confident statement about our intent and capability."

“Having our in-house construction team build The Landmark allows us to maintain oversight across every detail and progress with absolute confidence, even as the broader industry faces significant headwinds.”

[smartcode_project:default project_id=134338 project_image_fid=311028]

Located on the corner of Seaview Avenue, the site places residents within walking distance of Pacific Fair, The Star Casino, and the bustling precincts of Broadbeach and Mermaid Beach.

Created in collaboration with acclaimed design firm <a href="/architects/plus-architecture">Plus Architecture</a>, the residences feature spacious two- and three-bedroom layouts, many with dedicated study nooks, designed to capture panoramic views of the coastline, hinterland, and cityscape.

A suite of amenities will be available exclusively to residents, including a lagoon pool, pickleball court, golf simulator, arcade, Pilates studio, spa, sauna, and a state-of-the-art gym.

[smartcode_project:default project_id=134338 project_image_fid=311033]

“We’ve imagined The Landmark as far more than a place to live, it’s a lifestyle precinct that brings together community, wellness, entertainment, and world-class design,” Mastrocostas added.

“We’re proud to contribute something of enduring value to the Gold Coast. This development will generate jobs, elevate expectations, and enrich the urban fabric of our city. It’s a privilege to play a role in shaping that future.”

Construction of stage one is now underway.

[smartcode_project_cta:default project_id=134338]

George Mastrocostas, Founder and Managing Director of Aniko Group, said the project has been years in the making

Aniko Group breaks ground on $2.5 billion The Landmark in Mermaid Beach

Luxury builder-developer GRAYA is continuing its push to deliver high-end apartment living to Brisbane’s inner-ring suburbs.

Led by brothers Rob and Andrew Gray, <a href="/developers/graya">GRAYA</a> is making its mark in <a href="/developments/hamilton-qld-4007">Hamilton</a>, a suburb where the team has already delivered Scorpia and Larq, two of the suburb's most impressive homes.

Their latest vision is in the multi-residential space, with a bold new mixed-use development planned for 63-71 Racecourse Road — a prominent 3,614 sqm site that also incorporates 12 Balowrie Street.

The proposed development, dubbed <a href="/new-apartments/the-gallery-63-71-racecourse-road-hamilton-qld-4007">The Gallery</a>, will feature 37 apartments across four storeys — a mix of nine two-bedroom and 28 three-bedroom residences — and will be topped by an 800 sqm rooftop retreat complete with a pool. At ground level, eight boutique retail spaces will activate the street.

<img alt="Galley" data-entity-type="file" data-entity-uuid="43ebd632-e789-4a6b-91b9-2203d9b33888" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-06-11%20at%2011.23.08%E2%80%AFAM.png?VersionId=TrTRwggvE1dgilrQdIURyaheNPyly8Wm" />

“Occupying a pivotal corner of Hamilton’s Racecourse Road, The Gallery introduces a layered precinct that responds to both place and climate,” said architects bureau^proberts in the planning documents.

“Designed as both a civic anchor and a place of connection, the project reimagines the traditional high street through a contemporary Queensland vernacular — delivering a vibrant, village-like environment that draws from architecture, landscape, and community.”

The development occupies an entire street block at the intersection of Racecourse Road and Kent Street, establishing a strong civic presence while echoing the area’s architectural heritage. Drawing from the timber Queenslanders that populate Hamilton’s hillsides and the masonry buildings at either end of the high street, the design combines broad verandahs, green trellises, and finely crafted stone plinths to create a subtropical character unique to the precinct.

At ground level, laneway-style retail pods inspired by European villages are nestled beneath the concrete undercroft, forming a lushly landscaped market environment, bureau^proberts says. Pedestrian paths wind through the site to a green central courtyard — the heart of the development and a key public-facing element.

“As a catalytic project for Racecourse Road, The Gallery is more than a building — it is a place of activation, engagement, and renewal,” bureau^proberts added.

“Through a design-led approach that fuses subtropical architecture with lush greenery and artisanal retail, it sets a new benchmark for high-quality, community-oriented development in Hamilton.”

<img alt="Galley" data-entity-type="file" data-entity-uuid="fcf4f5b3-69dc-42c7-8cde-b8e95f6935b4" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-06-11%20at%2011.23.14%E2%80%AFAM.png?VersionId=ENB7sm_MTZZNwWbSQyD_RbP3Pl1GzWIR" />

At the core of The Gallery’s identity is the Stone Arbour — a series of sculpted stone plinths at street level that ground the building in both place and history. These robust elements draw from the corbelling techniques found in nearby heritage fences and public buildings, as well as the Hamilton Tuff stone that defines the area’s geological character.

GRAYA has become one of South East Queensland’s most recognisable luxury developers in the last few years.

While originally focused on bespoke homes in Brisbane’s most prestigious suburbs — including Teneriffe, New Farm, and Paddington — the company has successfully expanded into multi-residential projects in both Brisbane and the Gold Coast.

Notable developments include two New Farm projects, <a href="/buildings/maison-new-farm-60-moray-street-new-farm">Maison</a> and <a href="/buildings/chalk-by-graya-228-230-moray-street-new-farm">Chalk</a>, and <a href="/buildings/canvas-bulimba-30-love-street-bulimba-qld-4171">Canvas</a> in Bulimba. They recently launched their first true high-rise,&nbsp;<a href="/new-apartments/enclave-by-graya-118-old-burleigh-road-broadbeach">Enclave</a> in Broadbeach, selling half of the 23 apartments on its launch.

Their other Gold Coast developments include Ripple and <a href="/new-apartments/kloud-palm-beach-154-jefferson-lane-palm-beach">Kloud</a>, both in Palm Beach.

The proposed development, dubbed The Gallery, will feature 37 apartments across four storeys

First look exclusive: GRAYA expands Hamilton presence with The Gallery apartments

International DJ Paul Fisher and wife Chloe put a significant emphasis on health, balance, and calm, as much as they did architectural excellence when planning their maiden new Gold Coast apartment development.

The result is <a href="/new-apartments/pescado-palm-beach-228-230-jefferson-lane-palm-beach-qld-4221">Pescado</a>, just seven luxury apartments designed in collaboration with renowned <a href="/architects/bda-architecture">BDA Architecture</a>.

For the Fishers, who will retain the two-level penthouse, Pescado is a deeply personal undertaking shaped by their commitment to health and wellbeing.&nbsp;

“Looking after our health and wellbeing is essential for us, it keeps us grounded and connected,” Fisher said.&nbsp;

“Anyone who knows me knows that wellness plays a huge part in my daily life, whether it’s training, surfing, breathwork, or recovery sessions.&nbsp;

“We wanted Pescado to capture that same feeling: a place that brings an immediate sense of calm, while offering real tools to support your wellness journey, from the ice baths to the gym and beyond.&nbsp;

“This is a home designed to help people feel their best every single day, with nature right on the doorstep.&nbsp;

“Whether it’s peaceful walks on the sand, early morning surfs, or heading into the hinterland for hikes and swims in Currumbin and Tallebudgera’s waterfalls, it’s these simple, grounding rituals that shaped the vision for Pescado.”

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Wellness features are woven through Pescado’s design, including a resort-style pool, state-of-the-art gym, cold plunge pools, and peaceful BBQ and dining spaces – all designed to foster relaxation, vitality, and connection.&nbsp;

Chloe Fisher, who led the interiors, said functionality and wellness have been paramount in every design decision.&nbsp;

“It’s about creating a home that makes you feel good every day,” said Mrs Fisher.&nbsp;

“We’ve thought carefully about how each space works, not just how it looks – using organic textures, neutral tones, and premium appliances to ensure every detail contributes to a sense of ease and comfort.”

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Each residence features three bedrooms, a multi-purpose room, and three bathrooms, with expansive open-plan layouts, generous outdoor areas, and high-end finishes that blend elegance with liveability. Kitchens are fitted with Gaggenau appliances, offering the ultimate in performance and precision, reinforcing Pescado’s commitment to quality at every level.&nbsp;

Darren Greenaway, Director of BDA Architecture, said the building’s wave-inspired design reflects the journey from energy and movement to calm and restoration.&nbsp;

“Our goal was to create a building that immediately evokes a sense of peace,” Greenaway said.&nbsp;

“From the soft, flowing forms of the façade to the light-filled interiors, every element is designed to provide residents with a true sanctuary.”&nbsp;

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The collaboration between YLB Property Development and local builder <a href="/builders/hnkn">HNKN</a> ensures construction will progress smoothly, with a focus on craftsmanship and attention to detail.&nbsp;

Sales are being managed exclusively by Pezet Matheson, with construction expected to commence later this year.&nbsp;

Jayde Pezet, Managing Director of Pezet Matheson, said Pescado is already attracting significant interest from buyers who are increasingly prioritising wellness and lifestyle in their property choices.&nbsp;

“We are seeing really strong early momentum for Pescado, which reflects the growing demand for homes that offer more than just luxury finishes,” said Pezet.&nbsp;

“Buyers today want spaces that genuinely enhance their quality of life, and Pescado delivers that through its thoughtful design and wellness focus.”&nbsp;

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Chloe Fisher, who led the interiors, said functionality and wellness have been paramount in every design decision

Wellness takes centre stage as Pescado ignites buyer demand in Palm Beach

A landmark gated community on the Gold Coast’s Isle of Capri is nearing completion, with <a href="/new-townhouses/capri-villas-81-salerno-street-isle-of-capri-qld-4217">Capri Villas</a> unveiling its suite of private, resort-style amenities ahead of welcoming residents later this year.&nbsp;

Priced from $2.4 million, only 10 of the 48 architecturally designed villas remain available.

Developed by <a href="/developers/monaco-property-group">Monaco Property Group</a>, the community offers one of the most comprehensive amenity offerings ever delivered on the exclusive island, including a designer pool with submerged lounges, a resident lounge, outdoor BBQ and dining pavilion, all set within secure landscaped surrounds.&nbsp;

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Designed by <a href="/architects/plus-architecture">Plus Architecture</a>, each of the villas has been carefully considered, from solid concrete construction and suspended slabs to soaring double-height entry voids and spa-style master ensuites with freestanding tubs.&nbsp;

Engineered timber floors, natural stone surfaces, and expansive glazing create a warm, tactile environment, while outdoor courtyards and custom joinery encourage seamless indoor-outdoor living.&nbsp;

Open-plan interiors are anchored by statement kitchens, each equipped with premium Gaggenau appliances, Vintec wine fridges, integrated French-door refrigerators, natural stone island benchtops, hidden walk-in pantries, and soft-close cabinetry, designed for both form and function, whether entertaining or enjoying everyday life.&nbsp;

Each villa features three or four bedrooms, open-plan living, private courtyards, secure double garage, a configuration that has resonated with downsizers and lifestyle-driven buyers seeking low-maintenance living with quality and space.&nbsp;

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Capri Villas will host a public Open Day on Saturday, June 14, offering guests the first look at the newly completed Villa 1 Display Suite and unveiling of the resort-style amenities. Visitors can experience the Capri lifestyle firsthand while enjoying freshly brewed coffee and light nibbles from local Isle of Capri favourites Bisou Bakery and Manolas.

Jonathan Grasso, co-founder of developer Monaco Property Group, said the strong early sales reflected the demand for homes that deliver not only on design but on amenity and location.&nbsp;

“Capri Villas has attracted a high level of interest from both local and interstate downsizers looking for a secure, low-maintenance home without compromise," Grasso said.

"We’re also seeing a growing number of families purchasing for their children as a way to help them enter the property market in a meaningful way. The combination of premium design, gated security, shared amenities, and a central address has drawn in residents who value quality, privacy, and a true sense of place.”

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Located at 81 Salerno Street, Capri is just 800 metres from the Capri on Via Roma retail and dining precinct, and within easy reach of schools, the beach, and Gold Coast cultural and health hubs.&nbsp;

Construction is being delivered by award-winning builder <a href="/builders/greyburn">Greyburn</a>, with the first residents expected to move in from late July and final handovers completed before the end of the year.

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Capri prepares to welcome residents to resort-style villa community on Isle of Capri

The Southern Gold Coast continues to attract buyers seeking sun and surf, especially downsizers and lifestyle-driven investors shifting away from traditional beachfront palaces toward more approachable, flexible apartment living.&nbsp;

In Market Insights EP 97, Apartments.com.au CEO Mike Bird sits down with <a href="/project-marketer/srq-projects">SRQ</a>’s Nicholas Clydsdale to unpack this transformation, why demand is soaring in places like Rainbow Bay, and how developers are navigating a more measured but still highly competitive market.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/EnQKE8rDgNw?si=jiuP4tUafnO0WTNX" title="YouTube video player" width="560"></iframe>

Clydsdale says the post-COVID real estate wave reshaped both buyer behaviour and developer strategies in Southeast Queensland.

“What we saw was that the prime beachfront market was very well serviced,” he explains. “A lot of developers from the south, along with a lot of interstate migrants, decided to bring forward their retirement plan or alter their lifestyle. They wanted to live on the beach in the Gold Coast.”

But now, the focus has shifted toward “A-minus” product—still beach-adjacent but more accessible in price.

“We’re seeing a real resurgence in the A-minus market,” Clydsdale says. These are typically two or three-bedroom residences, ideal for buyers who want flexibility.

“It’s a lock and leave holiday home, but they might also want to let it out in a holiday-let style business.”

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SRQ’s work with Brisbane-based developer <a href="/developers/chapter-two">Chapter Two</a> on the <a href="/new-apartments/holm-rainbow-bay-44-50-eden-avenue-coolangatta">Holm Rainbow Bay</a> project illustrates how developers are responding to the market’s evolving preferences.

The project was launched around two and a half years ago, at a time there were no builders.

"The market was quite chaotic," Clydsdale recalls.

Instead of pushing ahead under pressure, Chapter Two and SRQ paused the release, reframed the project, and later re-entered the market. Six months after starting construction, the project is now over 80 per cent sold.

Holm consists of 87 two and three-bedroom apartments and a handful of four-bedroom townhouses, designed by Plus Architecture.

Crowning the 12-level building will be a residents' club featuring a 25-metre rooftop pool, spa, sauna, steam room, yoga deck, outdoor dining area with barbecue facilities, and a fire pit.

Additional features will include a gymnasium, a work-from-home area, a library, and a function room.

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Another emerging trend, Clydsdale says, is longer-term planning from buyers. Rather than making immediate moves, many are purchasing apartments off-the-plan with two to three-year completion horizons.

“What we've seen is a specific trend in the last six months is buyers - whether they're in Brisbane, Sydney, or Victoria - come up and do two or three holidays and hone in on the area. Rather than going the whole hog and selling the house, they'll buy a two-bedroom or a smaller three-bedroom apartment and look forward to take delivery in two or three years."

These buyers often retain their existing homes while gradually preparing for a future relocation to Southeast Queensland. For some, the timeline from purchase to full relocation may stretch to a decade.

Clydsdale highlights southern coastal areas such as Burleigh, Palm Beach, Coolangatta, and Rainbow Bay, as well as northern New South Wales towns like Kingscliff and Cabarita, as current areas of strong buyer interest.

He adds that projects in the range of 20 to 150 apartments are striking the right balance.

“From a buyer’s point of view, it's not just investment stock. They’re more livable. But also from a delivery point of view and a risk point of view for a buyer, there are a lot more builders out there in that project size. There's a lot more certainty of delivery and of quality.”

SRQ's next project to launch is <a href="/new-apartments/the-frederick-2265-2267-gold-coast-highway-mermaid-beach-qld-4218">The Frederick at Nobbys Beach</a>&nbsp;by <a href="/developers/big-projects">Big Projects</a>.

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“What we've seen is a specific trend in the last six months is buyers - whether they're in Brisbane, Sydney, or Victoria - come up and do two or three holidays and hone in on the area," Clydsdale says

Michael Bird

Gold Coast buyers starting to think longer-term: Five minutes with SRQ Projects Director Nick Clydsdale

There arguably hasn’t been as much national—or even international—fanfare for a Gold Coast apartment development as there has been for the recent launch of <a href="/new-apartments/pescado-palm-beach-228-230-jefferson-lane-palm-beach-qld-4221">Pescado</a> in Palm Beach.

The project is being undertaken by international DJ Paul Fisher and his wife Chloe. The couple, who have just launched YLB Property Development, intend to make the two-level penthouse their base when they’re back in Australia.

The remaining six levels will each comprise a full-floor apartment, set behind a striking curved facade by locals BDA Architecture.

Beyond the fanfare of the launch, genuine interest in the apartments has been strong, according to <a href="/project-marketer/pezet-matheson">Pezet Matheson</a> Managing Director Jayde Pezet.

"Buyers may have been alerted to the project because of the broader-than-usual media coverage it received at launch, but genuine buyers look beyond that and recognise the level of finish and detail," Pezet says.

While enquiries have come from both local and interstate buyers, it's locals who are showing the most interest.

"Everyone on the Gold Coast loves Palm Beach, and Jefferson Lane is the best street in the suburb," Pezet says.

I recently caught up with Jayde to discuss the project in more detail.

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“With this project being so important to Paul and Chloe, and being what they refer to as their forever home, they’ve looked at it and gone, ‘We are going to make this project within code.’”

The result is a low-density, high-amenity development that emphasises lifestyle and spatial quality rather than volume.

Each of the six full-floor residences spans around 325 sqm and have three bedrooms, an MPR, ocean-facing balconies, and interiors inspired by the Fishers' global travels.

All residences have access to a suite of wellness-focused communal spaces, including a pool, gym, and cold plunge facilities - features reflective of the Fishers’ personal lifestyle, which Pezet describes as “heavily wellness-oriented.”

“They're both incredibly into wellness - they eat super clean, they exercise, they ice bath - and you'll see that as a reflection in the project's amenity but also in the way they live their life,” he said.

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With prices ranging from $5.25 million to $7.1 million, Pescado is targeting a narrow but clearly defined buyer pool.

"We've still had an incredible amount of interest from baby boomers, but there have been younger people that have been inquiring also," said Pezet.

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Each of the six full-floor residences spans around 325 sqm and have three bedrooms, an MPR, ocean-facing balconies, and interiors inspired by the Fishers' global travels

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