<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?

Boutique apartment developer&nbsp;Alroe&nbsp;is currently delivering the most luxurious apartment project in <a href="/developments/main-beach-qld-4217">Main Beach</a> right now.

Different to what would be classed as a typical apartment development, the residences at Lune have been designed to be more like exclusive villas, with just six apartments in the building, located on the fringe of Broadwater and only a short walk from Tedder Avenue.

[smartcode_project:default project_id=146373 project_image_fid=297482]

<a href="/new-apartments/lune-main-beach-19-21-rankin-parade-main-beach-qld-4217">Lune</a> marks the latest milestone in Alroe’s reputation as a leader in low-density developments. With over 13 years of experience across South East Queensland, <a href="/developers/alroe-constructions">Alroe</a> has delivered exceptional homes under its own brand, as well as for other developers, through its in-house construction arm, Alroe Constructions.

We recently visited the Lune site and spoke with Tye Alroe about the project, alongside <a href="/project-marketer/new-property-agent-qld-npa">NPA Projects</a> Director Andrew Erwin, who is overseeing the sales and marketing of the apartments.

<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/pUFkz6F0q4I?si=Do1_3Ayooj6MfxMT" title="YouTube video player" width="560"></iframe>

“We designed this architectural building to truly bring the outside in,” Alroe said, adding that the structure's half-moon design was inspired by the ebb and flow of the tides in Main Beach.

The apartments at Lune start from nearly 300 sqm and each have three bedrooms, three and a half bathrooms, and three parking spaces.

Both of the ground-level apartments, and the two two-level penthouses, each have their own private swimming pools.

[smartcode_project:default project_id=146373 project_image_fid=297498]

Andrew Erwin says&nbsp;Lune delivers exactly what the Main Beach market has been seeking.

“Main Beach is evolving into a luxury destination with a growing demand for boutique, high-quality residences like these,” Erwin explained.&nbsp;

&nbsp;

[smartcode_project:default project_id=146373 project_image_fid=297485]

Construction is well underway, with the building set to top out by Christmas 2024 and handovers expected by mid-2025.&nbsp;

Not since The Monaco, which all-but sold out several years ago, has there been an opportunity to buy something of this luxury and scale in Main Beach.

[smartcode_project_cta:default project_id=146373]

Andrew Erwin says Lune delivers exactly what the Main Beach market has been seeking.

"Exactly what the market has been seeking": Inside Lune Main Beach, the epitome of luxury living in Main Beach

Quietly positioned among the leafy streets and million-dollar homes of Rochedale, national developer&nbsp;<a href="/developers/metro-property-group">Metro Property </a>is bringing a fresh offering to the booming suburb with its new development, Citrine Townhomes.

With townhouses comprising just six per cent of Rochedale’s dwellings, <a href="/new-apartments/citrine-townhomes-rochedale-311-gardner-road-rochedale">Citrine Townhomes</a> presents a rare opportunity for families seeking an alternative to traditional detached homes, without compromising on size, lifestyle, amenities or location.

Known for its premium real estate, <a href="/developments/rochedale-qld-4123">Rochedale</a> is home to luxury properties set amid green spaces, top-tier schools, and a wide range of amenities. As one of Greater Brisbane’s fastest-growing suburbs, it continues to attract families and professionals drawn to its peaceful atmosphere and excellent connectivity.

[smartcode_project:default project_id=136295 project_image_fid=273135]

&nbsp;

The 90 three and four-bedroom townhouses at Citrine are centrally located, a short walk to&nbsp;Rochedale Village.&nbsp;Anchored by a large Coles supermarket, the village also features dining options, medical services, pharmacies, and fitness facilities, all within 500 metres of the development.&nbsp;

For broader retail and entertainment options, Westfield Garden City is less than five minutes away by car, boasting over 400 specialty stores, event cinemas, and dining establishments.

Future upgrades to Rochedale Town Centre promise an even greater array of amenities, including a new supermarket, additional retail and dining options, and improved pedestrian access.&nbsp;

[smartcode_project:default project_id=136295 project_image_fid=273134]

Flying Pepper and Hutongli Restaurant are some of the nearest dining options from Citrine, en route to several parks that are dotted around the neighbourhood.

Pask Family Park, Kev Vanstone Park, Strawberry Fields Place, and Fischer Family Park are some of the nearby parks with playgrounds within a 15-minute walk from Citrine.

The suburb's educational infrastructure further underscores Rochedale’s appeal as a family-friendly destination, offering a range of highly regarded schools, such as Rochedale State School, Redeemer Lutheran College, and St Peters Catholic Primary School, all located within a short drive.

[smartcode_project:default project_id=136295 project_image_fid=273139]

The suburb’s strategic location also ensures easy access to key employment hubs, including Brisbane Technology Park, Garden Square Office Park, and the light industrial precincts of Underwood and Springwood.&nbsp;

Major institutions like Griffith University’s Nathan and Mt Gravatt campuses and QE2 Jubilee Hospital are also within a 15-minute drive, making Rochedale ideal for professionals and students alike.

Construction of Citrine Rochedale has commenced through&nbsp;<a href="/developers/creation-homes">Creation Homes</a>, Australia’s largest semi-detached builder.&nbsp;

&nbsp;

Citrine is slated for completion in late 2025.

[smartcode_project:default project_id=136295]

Rochedale continues to attract families and professionals drawn to its peaceful atmosphere and excellent connectivity

Why families are descending on Citrine Townhomes in Rochedale

Recent Gold Coast downsizers Kim and Adam Crawford didn't just settle for one apartment in Nera, one of the new apartment developments on <a href="/developments/chevron-island-qld-4217">Chevron Island</a>.

The Gold Coast locals first bought a three-bedroom apartment in the Parneno Street building, which will be their new home. Impressed with the value on offer, they also secured a two-bedroom apartment.

“My husband and I were nervous about moving from our larger home to a sky home, fearing that we might feel rather claustrophobic," Kim, who hails from Wimbledon in England, says.

"However, Nera’s wow factor pleasantly surprised us, and we don’t feel that this change is like downsizing at all."

[smartcode_project:default project_id=108640 project_image_fid=259355]

As an entrepreneur running her own beauty business from home, Kim was delighted Nera offered the prospect of still being fully equipped to operate her business and continue doing what she loves.

“We were in total awe of the stunning scenery that surrounds us, with a little bit of everything from the hinterland, river to the ocean, it’s truly breathtaking.”

While some living space is sacrificed, residents benefit from significant amenity, which was a big attraction to Kim.

“I cannot speak more highly of the rooftop amenities, the pool that overlooks Surfers, a yoga platform, and plunge pools are a few indulgences that I love about Nera.”

[smartcode_project:default project_id=108640 project_image_fid=253873]

The resident’s roof deck has 360-degree views along with amenities including an infinity rooftop pool, wellness spas, a fitness centre, residents’ private dining, sky lounges with fire pits, and a yoga platform.

<a href="/new-apartments/nera-residences-chevron-island-8-10-parneno-street-chevron-island">Nera</a>, developed by <a href="/developers/bastion">Bastion Property Group</a>, comprises 81 apartments, six sky homes, and a full-floor penthouse.

Construction has commenced. Nera is expected to be completed in 2026.

[smartcode_project_cta:default project_id=108640]

Nera, developed by Bastion Property Group, comprises 81 apartments, six sky homes, and a full-floor penthouse

From Wimbledon to Chevron Island: Urban Buyer Q&A

It's been well documented that the Brisbane unit market has been one of the strongest property markets in Australia in 2024.

Only bettered by Perth, the growth in the unit market in <a href="/developments/brisbane-qld">Brisbane</a> has been the strongest it has been in around four decades, exclusive data from property data analytics company CoreLogic found

You'd have to go <a href="/news/qld/brisbane-units-growing-at-fastest-rate-since-1988">back to the 1980s</a> to find a better year of growth.

The tight supply in both the established and off the plan market has driven the growth in both segments. When there has been new projects launched in 2024, which have been few and far between, the apartments have been snapped up.

While there are several key developments that have been submitted to the Brisbane City Council, and approved, over the course of 2024, it's difficult to know when those large-scale projects will go to market given the complexities in the built environment in South East Queensland.

In this article, we take a closer look at the&nbsp;what, the&nbsp;who, and the&nbsp;where&nbsp;of the best new apartment developments launching in Brisbane in 2025.

<h2>What: Callista on Park</h2>

<h2>Where: 111 Boundary Street, West End QLD 4101</h2>

<h2>Who: Sekisui House Australia</h2>

After nearly a decade of redefining the apartment landscape in <a href="/developments/west-end-qld-4101">West End</a>, <a href="/developers/sekisui-house-australia">Sekisui House Australia</a> is set to pull the final curtain at its $1.2 billion, multi-award-winning West Village community.

The final tower, <a href="/new-apartments/callista-on-park-west-end-49-mollison-street-west-end">Callista on Park</a>,&nbsp;will have 96 two, three and four-bedroom apartments and a roof terrace with an infinity pool edge, a wellness area, dining areas, and an open-air conservatory, all of which will be surrounded by landscaping and extensive city views.

<img alt="Callista" data-entity-type="file" data-entity-uuid="a1d31f65-f46f-4b84-a972-956a7ba6e00d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-11-28%20at%2010.18.21%E2%80%AFAM.png?VersionId=BY_11kYw4SM8LcmOaOvULHBWX7B6BtVy" />

Renowned architecture firm Rothelowman has designed Callista, having previously been the lead architect for the village's penultimate stage, The Allere Collection, where there are just a handful of apartments remaining.

The Opulnet Collection has the largest floorplans that have been produced in the now thriving community. There are four and five-bedroom configurations on offer, with internal living spaces ranging from 184 sqm to 300 sqm.

[smartcode_project:default project_id=114215 project_image_fid=257538]

<a href="/new-apartments/the-allere-collection-west-village-mollison-street-west-end">The Allere Collection</a> will finish construction in early 2025, paving the way for Callistra construction to start later in the year.

<h2>What: One Hundred on Leichhardt</h2>

<h2>Where:&nbsp;100 Leichhardt Street, Spring Hill</h2>

<h2>Who: Dibcorp</h2>

Franco Di Bartolomeo's <a href="/developers/dibcorp-properties">Dibcorp</a> will be taking its redevelopment of the <a href="/developments/spring-hill-qld-4000">Spring Hill</a> Hotel to market in the coming months.

Dibcorp, who sold out Bide Newstead before its completion last year, will be launching <a href="/new-apartments/one-hundred-spring-hill">One Hundred on Leichhardt</a>, an 18-level tower above the former Spring Hill Hotel.

[smartcode_project:default project_id=142092 project_image_fid=314270]

As part of the development, Dibcorp will be restoring the old hotel which has fallen into disrepair in recent years.

Above the hotel, and new retail and commercial spaces will be 119 two and three-bedroom apartments.&nbsp;

To give buyers confidence, Dibcorp has already started construction on site at 100 Leichhardt Street, just down the road from Roma St Parklands and the convenience of Boundary Street that runs through from Brisbane Grammar School to the Howard Smith Wharves.

Milestone Property Group, led by veteran project marketer Jeremy Gilmore, will be handling the sales and marketing.

<h2>&nbsp;What: Two towers, 795 apartments</h2>

<h2>Where: 204 Alice Street, Brisbane</h2>

<h2>Who: Meriton</h2>

Harry Triguboff's apartment giant&nbsp;<a href="/developers/meriton" target="">Meriton</a> will be expected to launch its two-tower <a href="/new-apartments/204-alice-street-brisbane">Alice Street, Brisbane CBD development</a> next year, having secured approval for the&nbsp;$1.3 billion project in October.

There will be just under 800 apartments across the two skyscrapers,&nbsp;designed by their go-to architect in Queensland&nbsp;<a href="/architects/dbi">DBI</a>&nbsp;who has designed Meriton's recent Gold Coast portfolio.

<img alt="First look: Meriton's full plans for first Brisbane apartment development revealed" 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%202024-01-10%20at%208.44.57%20am.png?VersionId=7Vg2Y5kpSLuqC9s7YnnHzJ5lciB87Bzn" />

The towers will sit on the 5,485 sqm site directly across the road from the City Botanic Gardens from the Alice Street frontage. They will include a childcare centre, retail and food and beverage spaces, and communal open space facilities like swimming pools, an outdoor gym and play space on the level five podium level before it gives way to the main tower structure.

<h2>What: The Bedford by Mosaic</h2>

<h2>Where: 16-30 Prospect Street,&nbsp;Kangaroo Point</h2>

<h2>Who: Mosaic Property Group</h2>

Bulletproof builder-developer, <a href="/developers/mosaic-property-group" target="">Mosaic Property Group</a>, has two new projects set to launch in Kangaroo Point.

The most impressive is <a href="/new-apartments/the-bedford-by-mosaic-16-30-prospect-street-kangaroo-point">The Bedford by Mosaic</a>, 128 apartments above a full-line Woolworths on a Prospect Street site that has been vacant for over three decades.

<img alt="Mosaic" data-entity-type="file" data-entity-uuid="c108d7ce-fb95-40d7-bc3c-267d4db5b0f9" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-11-28%20at%2012.03.43%E2%80%AFPM.png?VersionId=kW9khnSPUgM83ssVxwNBzadD.o0VL5os" />

Morris tweaked the plans they inherited from Woolworths' development arm Fabcot, bringing in <a href="/architects/cottee-parker-architects" target="">Cottee Parker</a> to revise the scheme to include more three and four-bedroom apartments.

The building will also have a gym on the podium level, with the majority of facilities, like a 20m pool, wellness space with sauna and ice plunge, golf simulator and kitchen and dining space, located on the rooftop.

<h2>What: 23-level tower, 126 apartments</h2>

<h2>Where: Linton Street, Kangaroo Point</h2>

<h2>Who: Mosaic Property Group</h2>

After The Bedford, Mosaic will no doubt be looking to take advantage of the boom around the Olympics precinct.

They have another site in Kangaroo Point, just one row back from The Gabba at <a href="/new-apartments/77-linton-street-kangaroo-point">77 Linton Street</a>, where they have approved plans for a 23-level, BDA Architecture-designed tower with 126 apartments.

They will be 80 two-bed and 46 three-bedroom apartments in the building that also borders Vulture Street.

<img alt="Linton" data-entity-type="file" data-entity-uuid="bd0d05f1-888d-4119-bbb3-5e98b65cc446" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-11-28%20at%2012.15.40%E2%80%AFPM.png?VersionId=7CmiFiqe69f4YjxgRe1gfYrrz.5P_igr" />

The level 24 rooftop will have a swimming&nbsp;pool, outdoor theatre area, barbecue areas, and a sauna.

BDA wrote in their planning documentation that the surrounding density of the "exceptional site" suggests it is the perfect location for the proposed development.

"The site’s prime location in close proximity to The Gabba Stadium provides an ideal opportunity to create long and short term accommodation options for sporting and entertainment events," BDA said.

In this article, we take a closer look at the what, the who, and the where of the best new apartment developments launching in Brisbane in 2025.

Brisbane's top five new apartment developments to go to market in 2025

The hot new apartment market in Palm Beach is set to receive another injection of luxury apartments in early 2025, with two recent approvals paving the way for more half and full-floor apartments near the beach.

Sydney-based developer <a href="/developers/chanine-developments">Chanine Developments</a> has been given the green light to develop its first project outside of New South Wales, while local developer <a href="/developments/palm-beach-qld-4221">Macquarie York</a> has its sights set on launching <a href="/new-apartments/cirrus-palm-beach-1101-gold-coast-highway-palm-beach">Cirrus</a> after its recent approval.

Earlier this year Chanine Developments secured a prime site across 1407 Gold Coast Highway and 402-404 The Esplanade, swiftly filing plans for a boutique eight-level building with 15 half-floor apartments and a massive five-bedroom penthouse with a private rooftop pool.

Read more:&nbsp;Palm Beach: <a href="/news/qld/palm-beach-the-most-indemand-off-the-plan-apartment-market-on-the-gold-coast">The most indemand off the plan apartment market on the Gold Coast</a>

<img alt="Sydney developer eyes Palm Beach luxury apartments" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-04-22%20at%204.38.57%20pm.png?VersionId=y4ALTq055_MU5Wgcg6pnUfQ6iLLkhQvj" />

Marwan&nbsp;Chanine&nbsp;said the vision&nbsp;is to bring the opulence of the Eastern Suburbs to&nbsp;<a href="/developments/palm-beach-qld-4221">Palm Beach</a>, in both finishes and aesthetics.

"The team is consistently looking across the entire eastern seaboard, and we've always loved Queensland,"&nbsp;<a href="/developers/chanine-developments" target="">Chanine</a>&nbsp;said of their first project outside of New South Wales.

"We're not building anymore coastline, so there's always value on the water."

<img alt="Chanine" data-entity-type="file" data-entity-uuid="98a968e1-568e-44cc-b141-32476bc91e2e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-11-27%20at%2010.20.14%E2%80%AFAM.png?VersionId=iRFhstOTIAPiff6GtQREYWsNuwu4JIby" />

Chanine has completed several developments across Sydney over the years, and is soon to launch a new project in Bellevue Hill, one of Sydney's most affluent suburbs.

The project is expected to hit the market in the first quarter of 2025.

Macquarie York is working toward an early 2025 launch of Cirrus, which also recently received approval from the Gold Coast City Council.

Cirrus is further south than the Chanine development, near the Palm Beach Surf Club and meeting the prestigous Jefferson Lane. It will comprise just 10 full-floor apartments and a two-level penthouse.

[smartcode_project:default project_id=22108 project_image_fid=312173]

Cirrus will also feature a level one recereation deck with a swimming pool and lounge area overlooking the ocean.

Macquarie York secured a height uplift for Cirrus, at 13 levels. Managing Director Roy Skaf highlighted the strong engagement from the Gold Coast City Council to get the project approved.

“I want to acknowledge the exceptional engagement from Gold Coast City Council Oﬃcers throughout the assessment process, and thank both the Planning &amp; Regulation Committee and Full Council for their overwhelming support of this landmark development," Skaf said.

"Their vision and support have been instrumental in bringing Cirrus to life.”

Macquarie York had Plus Architecture take the architectural lead for the development.

“Having experienced Plus Architecture’s design excellence capabilities on Nina Chevron Island and Sunset Residence in Surfers Paradise, we knew they could help us achieve something truly exceptional here," Skaf added.

"The result speaks for itself – Cirrus will be an iconic addition to Palm Beach’s skyline and sets new standards for sophisticated beachfront living on the Gold Coast.”

<img alt="Cirrus" data-entity-type="file" data-entity-uuid="24f97903-bc4d-4cae-9432-314759d35c6a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-11-27%20at%2010.25.29%E2%80%AFAM.png?VersionId=l4NNVnkqsAVVuyZ3954sY7YZrVIMrUx0" />

Plus Director Danny Juric said they approached the&nbsp;project as an opportunity to demonstrate how design excellence can transform a site into an architectural landmark.

"Our collaborative process with Council, often involving real-time design refinements sketched during meetings, helped us create a building that not only maximises resident amenity but makes a genuine contribution to Palm Beach’s urban fabric.”

“The building’s form is deliberately shaped to maximise setbacks and optimise views, while its street level interface creates a welcoming presence that strengthens Palm Beach’s emerging village heart.”

Palm Beach has been one of the most searched suburbs on Urban since the pandemic hit in early 2020, and its popularity hasn't abated.&nbsp;

The problem has only been surrounding stock, rather than demand. Projects back in 2021 and 2022 flew off the shelves and quickly sold out, leaving buyers waiting for the next available development, which wasn't forthcoming as the market went through a cycle of developers buying sites and submitting applications.

Luke Reaby from site amalgamation specialists GV Property Group says record revenues in the off the plan sector have renewed developer confidence, especially in beachside areas, making luxury projects the most feasilbe to deliver

Palm Beach has been one of the most searched suburbs on Urban since the pandemic hit in early 2020, and its popularity hasn't abated

Two new luxury apartment developments coming to Palm Beach in early 2025

The <a href="/developments/gold-coast-qld">Gold Coast</a> is set to see an exciting wave of new apartment developments completed in 2025, adding to the region's ever-growing skyline and reinforcing its reputation as one of Australia's most sought-after destinations for both investors and residents.

As demand for premium living spaces continues to rise, these seven new off the plan developments each offer a distinct style of living, ranging from island retreats and gated communities to absolute beachfront properties—and everything in between.

Several of these developments, marketed during and shortly after the pandemic, have attracted a significant portion of buyers from Sydney and Melbourne, many of whom plan to relocate to the Gold Coast upon completion or soon after.

In this article, we take a closer look at the what, the who, and the where of the best new developments completing on the Gold Coast in 2025.

<h2>What: Pipis</h2>

<h3>Who:&nbsp;SIERA</h3>

<h3>Where:&nbsp;303 Golden Four Drive, Bilinga QLD 4225</h3>

The best beachfront apartment development to complete next year is SIERA's <a href="/new-apartments/pipis-bilinga-303-golden-four-drive-bilinga-qld-4225">Pipis</a> in <a href="/developments/bilinga-qld-4225">Bilinga</a>.

Just two half-floor apartments remain, not including the two-level penthouses which will be released to the market early next year.

[smartcode_project:default project_id=138311 project_image_fid=264300]

Pipis comprises just 17 apartments on the dress circle Golden Four Drive and will also feature&nbsp;a heated lap pool, gym, and sun lounge deck.&nbsp;

Around 65 per cent of the buyers so far have been from the Gold Coast and Brisbane, a mix of owner-occupiers, downsizers and investors, while 35 per cent have come from interstate, outside of Sydney and&nbsp;<a href="/developments/melbourne-vic" target="">Melbourne</a>.

[smartcode_project:default project_id=138311 project_image_fid=264308]

<a href="/builders/lps-group">LPS Group</a> has officially topped out Pipis, with the internal fit out coming soon which will see residents move in in early 2025.

<h2>What: Tapestry</h2>

<h3>Who:&nbsp;SIERA</h3>

<h3>Where:&nbsp;39 Darrambal Street, Chevron Island QLD 4217</h3>

<a href="/developers/siera">SIERA</a> is also working on <a href="/new-apartments/tapestry-chevron-island-39-darrambal-street-chevron-island">Tapestry</a> on Chevron Island, its debut Gold Coast apartment development.

The 22-level, <a href="/architects/bda-architecture">BDA</a>-designed tower comprises 113 apartments that have proven popular with downsizers and those from regional NSW and VIC.

[smartcode_project:default project_id=108641 project_image_fid=192961]

The rooftop is one of the best on the Gold Coast, with home to a private dining space and kitchen, which can be closed off, lounge and fire pit, yoga lawn, pool, spa and sundeck, barbecue and alfresco area, gym, sauna, steam room, and lounge area separated by extensive landscaping.

Tapestry was the first development SIERA took on in the Gold Coast, having spent several years building boutique townhouse developments in Brisbane's inner-ring.

[smartcode_project:default project_id=108641 project_image_fid=192964]

SIERA Founder Brent Thompson had been&nbsp;scoping out the Gold Coast market for 18 months before purchasing a prime 1500 sqm site on Darrambal Street.

On submitting plans for Tapestry in 2021, Thompson said&nbsp;<a href="/developments/chevron-island-qld-4217">Chevron Island</a>&nbsp;has a "great local community".

"It's a tight-knit community, while being ideally located just a five-minute walk from the international tourist hub of Surfers Paradise."

SIERA's in-house construction team is delivering Tapestry, a 22-level tower with 113 apartments just off the Thomas Street retail strip.

"We have always built in-house, so it was really more about building a team of experienced high-rise staff to deliver Tapestry as we always have as builder/ developer," Thompson says.

<h2>What: Capri</h2>

<h3>Who:&nbsp;Monaco Property Group</h3>

<h3>Where:&nbsp;81 Salerno Street, Isle Of Capri QLD 4217</h3>

<a href="/new-townhouses/capri-villas-81-salerno-street-isle-of-capri">Capri</a> will be the only major townhouse development to be completed in the heart of the Gold Coast in 2025.

More like a luxury villa community rather than the traditional townhouse, Capri, named after its location on the Isle of Capri, is being built by Greyburn on behalf of developer <a href="/developers/monaco-property-group">Monaco Property Group</a>.

Construction is on track for completion in late 2025.&nbsp;

[smartcode_project:default project_id=139511 project_image_fid=298833]

The gated Capri comprises&nbsp;48 two and three-level villas designed by <a href="/architects/plus-architecture">Plus Architecture</a> and BDA Architecture.&nbsp;

The villas have been cleverly oriented around central resort-style amenities like a resort-style pool,&nbsp;barbecue area, and a lounge with a kitchen and fireplace.

[smartcode_project:default project_id=139511 project_image_fid=298822]

Capri is just a short walk from the cafes and shops of Capri on Via Roma.

So far the villas have been popular with empty nesters from nearby suburbs, as well as from interstate early retirees.

<h2>What: Lagoon</h2>

<h3>Who:&nbsp;Drew Group</h3>

<h3>Where:&nbsp;11 Cronin Avenue, Main Beach QLD 4217</h3>

Jon Drew's <a href="/developers/drew-group">Drew Group</a> is progressing well in its twin-tower Main Beach development, <a href="/new-apartments/lagoon-main-beach-11-23-cronin-avenue-main-beach">Lagoon Main Beach</a>.

The $390 million development is currently under construction by building giant <a href="/builders/hutchinson-builders">Hutchison's</a>, who are expecting a Q3 2025 completion.

[smartcode_project:default project_id=108747 project_image_fid=224106]

Lagoon is the largest development in the area in three decades with 259 apartments.&nbsp;

Designed by Plus Architecture, Lagoon boasts premium amenities, including a central pool oasis, fitness centre, yoga deck and a business hub.

[smartcode_project:default project_id=108747 project_image_fid=221589]

It's attracted a wide variety of buyers, given it has offered one, two, three and four-bedroom apartments since its launch.

Lagoon Main Beach is around 85 per cent sold.

<h2>What: Lune</h2>

<h3>Who:&nbsp;Alroe Constructions</h3>

<h3>Where:&nbsp;19-21 Rankin Parade, Main Beach QLD 4217</h3>

Another development that will also be completed in <a href="/developments/main-beach-qld-4217">Main Beach</a>, less than 600 metres from Lagoon, is&nbsp;<a href="/developers/alroe-constructions">Alroe</a>’s boutique development, Lune.

<a href="/new-apartments/lune-main-beach-19-21-rankin-parade-main-beach-qld-4217">Lune</a> is a low-rise project comprising six half-floor apartments, each with nearly 300 sqm of living space.&nbsp;

[smartcode_project:default project_id=146373 project_image_fid=297482]

Each villa-style apartment includes three ensuite bedrooms, expansive outdoor areas, and private pools for the ground-level apartments and penthouses.

Designed to provide a spacious, laid-back coastal lifestyle, Lune has already garnered strong local and interstate interest.

[smartcode_project:default project_id=146373 project_image_fid=297485]

Alroe's in-house construction company, <a href="/builders/alroe-constructions">Alroe Constructions</a>, is handling the build. Construction began in May 2024, with completion anticipated in mid-2025.&nbsp;

<h2>What: Yves</h2>

<h3>Who:&nbsp;Hirsch &amp; Faigen</h3>

<h3>Where:&nbsp;7-9 Mermaid Avenue, Mermaid Beach QLD 4218</h3>

The sold-out <a href="/new-apartments/yves-mermaid-beach-7-9-mermaid-avenue-mermaid-beach">Yves Mermaid Beach</a> is Melbourne developer <a href="/developers/hirsch-faigen">Hirsch &amp; Faigen</a>'s third successful development on the Gold Coast. They debuted with Hemingway Palm Beach, before then completing Emerson in Kirra earlier this year.

Yves, their largest development on the Gold Coast, has 146 apartments across a 26-level building not far from the beach.

[smartcode_project:default project_id=102451 project_image_fid=186080]

They've had the same team throughout their Gold Coast journey, with <a href="/architects/rothelowman">Rothelowman</a> handling all the designs and Hutchinson's building each development

Hutchies is forecasting a mid-2025 completion of Yves, which features a&nbsp;gym, sauna, barbecue areas, and a rooftop lounge with ocean views.&nbsp;

In this article, we take a closer look at the what, the who, and the where of the best new developments completing on the Gold Coast in 2025

Gold Coast's top six new developments completing in 2025

The Sunshine Coast off the plan apartment market is looking prime for a big 2025, with several developments from some of the regions biggest developers to launch next year.

Still a relatively untapped market as far as new apartments goes, a handful of developers have been creating places to live up and down the Sunshine Coast for years, while some are being attracted to the new CBD which is forming in <a href="/developments/maroochydore-qld-4558">Maroochydore</a>, Australia's largest&nbsp;greenfield CBD&nbsp;project.

The new Maroochydore City Centre is being developed on the former 53-hectare Horton Park Golf Club. Around 10,000 residents will eventually call Maroochydore City Centre home with 25,000 workers commuting to the CBD daily.

Sunshine Coast Mayor Rosanna Natoli said it would be great to see more apartments in the city centre, bringing even greater vibrancy and excitement to the growing heart of Maroochydore.

“Decades of planning have positioned the Maroochydore City Centre as one of the best locations for housing and high-quality inner-city apartment living," Natoli said.

SunCentral CEO Amanda Yeates said the new city centre is becoming a popular location for apartment living, with more families choosing to call Maroochydore City Centre home. 
 
“This is an exciting time for the Sunshine Coast as its new city centre rapidly grows, with thousands of people set to make the move to the city centre in the years to come.”

As we head into 2025, we explore the what, the where, and the who, of the best new projects launching across the Sunshine Coast next year.

<h2>What: The Millwell</h2>

<h2>Where: Maroochydore</h2>

<h2>Who: Habitat Development Group</h2>

Habitat Development Group, one of the leading developers in Maroochydore over the past two decades, is now focusing on another CBD development as the city continues to grow into one of the most economically thriving in the country.

Recently completing The Corso, one of only a handful of residential developments completed in the Maroochydore CBD, Habitat will launch <a href="/new-apartments/the-millwell">The Millwell</a>, a similar two-bulding development, early next year.

The Millwell will comprise 205 two, three and four-bedroom apartments across two eight-level towers at 2 Millwell Road East, right next to the Sunshine Plaza Shopping Centre.<img alt="Millwell" data-entity-type="file" data-entity-uuid="d99e0fd9-846a-458f-85e8-7046318aae5a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-11-25%20at%2012.49.30%E2%80%AFPM.png?VersionId=KHaBsTJnJgMVp7nvymiAeEzolxGJZV53" />

At the time of the development application submission in 2022,&nbsp;Habitat Development Group Managing Director Cleighton Clark said the Millwell is in a terrific location.

"It’s nestled directly adjacent to the Sunshine Plaza, with 200m frontage to Cornmeal Creek and walking distance to the rapidly expanding&nbsp;<a href="/developments/maroochydore-qld-4558">Maroochydore</a>&nbsp;CBD," Clark said, adding that the city has evolved dramatically since Habitat first started building in the coastal area.

“We’ve been building on the Sunshine Coast for the past 19 years and have witnessed property in the region go from strength to strength, particularly the last four years.

"The Millwell provides us another opportunity to meet the demands of the growing region."

<h2>What: Sol by Walker</h2>

<h3>Where: Maroochydore</h3>

<h3>Who: Walker Corporation</h3>

National developer <a href="/developers/walker-corporation">Walker Corp</a>&nbsp;is one of the joint venture partners delivering the new Maroochdore City Centre alongside the Sunshine Coast Council and SunCentral Maroochydore.

Walker Corp recently revealed a $220 million mixed-use project, <a href="/new-apartments/sol-by-walker-maroochydore-first-ave-maroochydore">Sol by Walker</a>, in the heart of CBD.&nbsp;

<img alt="Sol by Walker" data-entity-type="file" data-entity-uuid="0f6f50a3-7b51-45a7-9b2a-70054495b406" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-11-25%20at%208.27.27%E2%80%AFPM.png?VersionId=hnjDhpVwY.vxZsc51EoUesi4EEDR58to" />

&nbsp;

Designed by&nbsp;<a href="/architects/plus-architecture">Plus Architecture</a>, Sol by Walker&nbsp;will feature two 19-level towers with 251 apartments;&nbsp;55 one-bedrooms, 111 two-bedrooms, 80 three-bedrooms, including 11 townhouses, and five four-bedroom apartments.&nbsp;

They will sit above a three-level commercial and retail podium.

&nbsp;

&nbsp;

<h2>What: Sunset, Caloundra</h2>

<h2>Where: 5-7 Bombala Terrace, Caloundra</h2>

<h3>Who: Dusk Group</h3>

Brisbane developer <a href="/developers/dusk-group">Dusk Group</a> identified beachside Caloundra for their next development.

Currently constructing Aurora on Depper in Brisbane's St Lucia, Dusk is planning Sunset, a seven-level building with 36 apartments minutes from&nbsp;Kings Beach and Bulcock Beach.

<img alt="Caloundra" data-entity-type="file" data-entity-uuid="6d388cdf-0c16-40b8-a8a1-75c863170705" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-11-25%20at%205.00.08%E2%80%AFPM.png?VersionId=48m_iryF3z5P.YeaB7efvtkyt2ocUtbY" />

Designed by <a href="/architects/mas-architecture-studio">MAS Architecture Studio</a>, Sunset will offer a "coastal aesthetic with earthy tones and curved balconies."

Amenities include a ground-floor pool, BBQ area, and resident lounge.

Dusk is catering for a wide range of buyers, with prices starting from $700,000. Construction is set to begin in Q2 2025.

&nbsp;

&nbsp;

<h2>What: Lago Birtinya</h2>

<h3>Where: 2 Prosperity Drive, Birtinya QLD 4575</h3>

<h3>Who: Cube Developments</h3>

Sunshine Coast developer&nbsp;<a href="/developers/cube-developments">Cube</a> is preparing to launch <a href="/new-apartments/lago-birtinya-2-prosperity-drive-birtinya">Lago</a>, which will continue the local developers commitment to delivering residential projects in premium coastal locations up and down the Sunshine Coast.

The&nbsp;<a href="/developments/birtinya-qld-4575">Birtinya</a>&nbsp;apartment development at&nbsp;2 Prosperity Drive will comprise just 47 high-end apartments.

<img alt="Lago" data-entity-type="file" data-entity-uuid="e7ae459c-85fa-4b01-b8e6-264df049853b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-11-25%20at%205.06.14%E2%80%AFPM.png?VersionId=UyYMKCCtFELAUUeNsJCpYg0lQnSa55JY" />

With luxury apartments riding a wave of popularity on the Sunshine Coast, Cube Senior Development Manager Daniel Ryan said he expected a very strong response to the new project.

“With premium amenity and accessibility in a growing location, we anticipate a very strong response when Lago is released to market towards the end of this year,’’ Ryan said.

“The demand for premium coastal apartments is driven by their unique blend of lifestyle, convenience, and investment potential. Our projects, such as Lago, offer residents an unparalleled living experience with views, resort-style amenities, and close proximity to key lifestyle features."

As we head into 2025, we explore the what, the where, and the who, of the best new projects launching across the Sunshine Coast next year

The top four apartment developments set to launch on the Sunshine Coast in 2025

Two years after apartment developer <a href="/developers/polycell-group">Polycell</a> spent nearly $45 million on the 1980s timeshare Voyager Resort in Broadbeach, they have unveiled their redevelopment plans.

Currently delivering <a href="/new-apartments/the-rochester-broadbeach-143-surf-parade-broadbeach">The Rochester</a> nearby and <a href="/news/qld/exclusive-the-rochester-developer-polycell-locks-sights-on-next-gold-coast-apartment-project">buying out owners in the apartment building Sandpiper</a>, Polycell is making another development move.

They have submitted plans to build a 59-level tower at 167 Old Burleigh Road, a prime 2,076 sqm site at the corner of Elizabeth Avenue. The site is next to the under-construction Luxe Broadbeach and in front of the twin Oracle towers, which were completed in 2010.

The proposed development includes 130 apartments in two, three, and four-bedroom configurations, along with a ground-floor café and basement and podium parking for 317 vehicles.

<img alt="Polycell" data-entity-type="file" data-entity-uuid="abc13c4e-d07e-4007-81b2-ed87cd940540" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/2.png?VersionId=AaX6OP1gQvra7u855hjJQBw1FC32JL0o" />

BDA Architecture, who designed The Rochester for Polycell, has taken the architectural reigns for the new project, dubbed 167.OBR in the documentation submitted to the Gold Coast City Council last week.

BDA said the project&nbsp;presents an exciting opportunity to create a landmark residential tower within the vibrant, high-density Broadbeach precinct.

"[The] development is designed to respond to the existing built form character, landscape, climate and neighbourhood character to reinforce a strong sense of place and local identity," BDA noted.

"The proposed tower architecture embodies a contemporary, yet elegantly restrained, fluid vernacular. The structure is articulated with a glazed façade infused with coastal tactility, featuring fluid, soft edges that echo the gentle contours of the Gold Coast landscape."

<img alt="Polycell" data-entity-type="file" data-entity-uuid="b9966b92-7b1a-4e1a-ace5-97acdced4f88" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/3.png?VersionId=LypE2LoIU.Bp5kZCqi0BGdK_ME3CVAPI" />

The design preserves most of the existing Norfolk pine streetscape and natural organic edges.

"This approach not only respects the existing landscape but also strengthens the connection between the development and its context."

When referring to the podium, BDA said the architecture is a cohesion of contemporary sub-tropical vernacular infused with a coastal tactility.

"The fluid organic form portrays the organic nature of the Gold Coast landscape layered with a timeless material palette creating a rich and layered coastal effect."

<img alt="Polycell" data-entity-type="file" data-entity-uuid="fc7e786a-0582-4ce2-b812-23cf52663c26" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-11-25%20at%203.01.52%E2%80%AFPM.png?VersionId=ykwjYwX7VjfRfNJ8sSfupAMXRIMOWh7O" />

Crowning the podium will be two swimming pools: one 25 metres long, flanked by daybeds, and the other a smaller pool adjacent to barbecues and alfresco dining areas.

A gym, yoga room, and Peloton room have been proposed for the podium rooftop, along with a hot and cold plunge pool, spa, steam room, sauna, treatment room, and a games room.

Additional amenities will be located on levels 38 and 39. Known as the 'Club Lounge,' the first level will feature a zen lounge with a tea bar and private terrace, several lounge and dining areas, and a meeting room. The upper level will include a library with an art wall, a cinema, a gym for personal training, a games room, more dining and lounge spaces, and two private club rooms, positioned either side of a wine storage room.

<img alt="Polycell" data-entity-type="file" data-entity-uuid="e16c8a08-dfa2-4149-8bd1-7aaf33206d63" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-11-25%20at%203.03.24%E2%80%AFPM.png?VersionId=8W8MVZ5Q2aTiCA7_DLHV2MEmC.3JaxcQ" />

A maximum of three apartments per floor will be spread across the tower. The proposed layout includes 79 three-bedroom apartments, 32 two-bedroom apartments, 15 four-bedroom apartments, and four five-bedroom apartments, along with three sub-penthouses and a two-level penthouse featuring a cinema, gym with hot and cold plunge pools, and a private 14m lap pool.

Currently, the site is home to the Voyager Resort timeshare building, which was launched in the mid-1980s. A large portion of the 2,000 sqm site is occupied by a tennis court and swimming pool. Voyager Resort is made up of 62 one-bedroom apartments across a 16-level building.

Poylcell, an international company specialising in packaging primarily as well as property development and asset management, debuted in the Gold Coast off the plan apartment market in 2023 with The Rochester, 182 apartments on Surf Parade.

Currently, the 167 Old Burleigh Road site is home to the Voyager timeshare building, which was launched in the mid-1980s. 

First look exclusive: Polycell set sights on new Broadbeach apartment development

Mermaid Beach has grown exponentially in recent years to become one of the most sought-after, but also tightly held, suburbs on the Gold Coast.

Beachfront mansions on Hedges Avenue grab the headlines, selling for well in-excess of $20 million on most occasions.

Apartment development in the area has been less than frequent than big-ticket sales, given the scarcity, and cost, of land.

Family-owned developer <a href="/developers/niecon">Niecon</a> has a long history in the industry, dating back to the 1990s when patriarch Con Nikiforides, who passed away in 2017, developed the former Niecon Plaza in Broadbeach. Today, they are one of the few developers to have successfully undertaken projects in <a href="/developments/mermaid-beach-qld-4218">Mermaid Beach</a> in recent years.

Earlier this year they completed the 47-apartment <a href="/buildings/ventura-residences-mermaid-beach-48-ventura-road-mermaid-beach">Ventura Residences</a>, just 250 metres from the beach.

[smartcode_project:default project_id=108737 project_image_fid=199484]

Only one apartment remains, and given its unique design, it is likely to be replicated in Mermaid Beach in a hurry.

The two-level apartment has been cleverly positioned not on the top level, where most developers position their more premium, multi-level apartments, but on the ground level, so it can have a full garden.

The apartment combines the privacy and size of a house with the convenience of a communal rooftop pool, low maintenance of an apartment, and a stone's throw from the beach.

[smartcode_project:default project_id=108737 project_image_fid=303811]

It has four bedrooms, 3.5 bathrooms, and two private car spaces. Future-proofed for any generation, the two levels are connected both by stairs and an internal private elevator.

The master suite spans half a floor, featuring a walk-in robe, an ensuite, and large windows that offer views of the adjacent park.&nbsp;

The marble kitchen is equipped with Miele appliances and a butler’s pantry. It adjoins a dining area and a bar, which features a Vintec wine fridge.

The open-plan living area is surrounded by a garden courtyard, with multiple spaces for alfresco dining and lounging.

[smartcode_project:default project_id=108737 project_image_fid=303812]

The buyer will have access to Ventura's full suite of amenities including a gym and a rooftop with a suspended waterfall pool, zen garden, yoga lawn, and alfresco dining area.

While the beach is just 300 metres to the east, even closer to the west is the&nbsp;Pacific Fair Shopping Centre, The Star Casino, and Broadbeach’s popular dining precinct.

Ventura Residences is complete and ready to move in.

[smartcode_project_cta:default project_id=108737]

The two-level apartment has been cleverly positioned not on the top level, where most developers position their more premium, multi-level apartments, but on the ground level, so it can have a full garden.

Rare two-level apartment on offer in the Gold Coast's premier suburb

Since the plans were established in 2014 to create the new Maroochydore CBD—transforming the former Horton Park Golf Course into a thriving greenfield city—both local and interstate investors have been drawn to the growing centre of the Sunshine Coast.

While holidaymakers argue Noosa is the heart of the Sunshine Coast, those seeking a city with strong employment opportunities and thriving sectors in education and healthcare are increasingly flocking to <a href="/developments/maroochydore-qld-4558">Maroochydore</a>.

The multi-billion dollar investment is turning what was once a retirement town into a thriving city with a self-sustaining economy.

Local property investor Andrew&nbsp;knew what the infrastructure pipeline for Maroochydore would do to the property market. Over the years he's secured four apartments with builder developer <a href="/developers/habitat-development-group">Habitat Development Group</a>, one of the biggest apartment developments on the Sunshine Coast for the last two decades.

First he bought two apartments in a previous development by Habitat. Now he has just settled on two more apartments in the newly completed <a href="/buildings/the-corso-maroochydore-20-south-sea-islander-way-maroochydore">The Corso</a>, one of only two new apartment developments in the evolving Maroochydore CBD.

"I am constantly staying up to date on the market, and looking for locations that are likely to outperform the greater market, plus of course developers who deliver value and a reliably good product," Andrew says.

"I have strong trust in <a href="/developers/habitat-development-group">Habitat Development Group</a>, and I believe Maroochydore will perform well in terms of capital growth and rental growth in the medium to long term."

Andrew secured a three-bedroom penthouse apartment in The Corso, driven by the high-end finishes, high ceilings which made it feel more like a house than an apartment, and the large floorplan on offer.

[smartcode_project:default project_id=100708 project_image_fid=294387]

Holding equal importance for Andrew as an investor are the facilities in the building

"Having amenity that will attract good quality tenants is one of the biggest drawcards to an apartment development," Andrew says, adding that the pool and lawn area, barbecue facilities, high-end private dining room, and work-from-home-space in The Corso would assist in securing great tenants.

He says that he always looks for locations with a&nbsp;high walkability score and significant amenity that is close.

"The Maroochydore CBD cannot be beaten in terms of its proximity to amenity and future government investment, and so the location really ticked all of my boxes."

[smartcode_project:default project_id=100708 project_image_fid=291147]

Ultimately however, it came down to the reputation of Habitat.

"There are always risks in buying off the plan, and that is why I am such a big believer in Habitat," Andrew says, noting that the way they operate with their inhouse construction arm should fill any prospective buyer with confidence in their apartments.

"Most developments have to sell 50 per cent or so of their development before a bank will lend them money to start building. Habitat is not one of these developers."

Andrew bought his apartments just as the project launched back in 2022. Since then, according to CoreLogic, the Sunshine Coast unit market has boomed nealy 18 per cent, taking the new median unit value to $859,000.

[smartcode_project:default project_id=100708 project_image_fid=291166]

Situated in the heart of the new Maroochydore CBD, The Corso comprises 158 apartments across two towers.&nbsp;

Only three-bedroom units, including a sub-penthouse and penthouse, remain on the market, with prices just below $1.7 million.&nbsp;

Andrew took part in Urban's Buyer Q&amp;A series which focuses on the driving factors behind&nbsp;<a href="https://expert-insights/buying/the-top-eight-considerations-when-buying-off-the-plan" target="">buying off the plan</a>&nbsp;property in Australia

[smartcode_project_cta:default project_id=100708]

Local property investor Andrew knew what the infrastructure pipeline for Maroochydore would do to the property market

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