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

Joel Robinson

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

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

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

Arada plots $2 billion Broadbeach towers in major Queensland move

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

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

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

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

Sydney’s property market is known for high prices, competitive bidding, and mounting pressure on first home buyers. But change is on the horizon.

From late 2025, eligible first home buyers in New South Wales will have access to a new federal government initiative aimed at addressing affordability: the Help to Buy Scheme.&nbsp;

<h2>What is the Help to Buy Scheme?</h2>

The program introduces a shared equity model intended to reduce the upfront cost of entering the property market, particularly in high-demand urban areas such as Sydney.

The scheme operates under a shared ownership structure in which the federal government takes an equity stake of up to 40 per cent for new homes, or 30 per cent for existing dwellings. This arrangement allows eligible buyers to significantly reduce their loan size and avoid the added cost of Lenders Mortgage Insurance (LMI).

Under this model, purchasers can enter the property market with as little as a two per cent deposit, well below the traditional 10 to 20 per cent usually required. The government’s contribution is not a loan but a co-ownership stake in the property. As such, there is no interest or rent charged on its portion.

Because the government’s equity combined with the buyer’s deposit typically meets or exceeds the 20 per cent threshold, LMI does not apply. The remaining balance, generally between 60 and 70 per cent of the property’s value, is financed through a standard home loan with a participating lender.

The government's equity in the property remains in place until the buyer chooses to repay it voluntarily or until the property is sold. Buyers can buy back the government’s share over time, in increments of at least five per cent, depending on their financial situation.

There is no fixed repayment timeline, but the amount to be repaid will be based on the property's market value at the time of repayment, not the original purchase price.

<h2>How do you qualify for the&nbsp;Help to Buy Scheme?</h2>

To qualify for the Help to Buy Scheme, applicants must meet the following conditions:

<ul>
	<li>Be an Australian citizen at least 18 years of age.</li>
	<li>Be a first-home buyer who does not currently own property.</li>
	<li>Intend to live in the property as their primary residence.</li>
	<li>Earn less than $100,000 per year for individuals, or $160,000 for couples.</li>
	<li>Purchase a property within the regional price caps, currently $950,000 in Sydney, though this is expected to rise to approximately $1.3 million ahead of the program’s launch.</li>
</ul>

While the Help to Buy Scheme does not solve affordability challenges across the board, it does offer a more accessible pathway for a defined segment of the market, particularly younger buyers with moderate incomes who have been priced out of traditional lending routes.

The scheme is expected to commence in NSW in late 2025, as part of a national rollout.

Under the new model, purchasers can enter the property market with as little as a two per cent deposit, well below the traditional 10 to 20 per cent usually required

Help to Buy Scheme: What first home buyers in NSW need to know

The First Home Owners Grant (FHOG) is a government initiative designed to help eligible first-time home buyers by offering financial assistance towards the purchase or construction of a new home.

While the FHOG is a nationwide program, it is administered separately by each state and territory, meaning the eligibility criteria, grant amounts, and property requirements can vary depending on your location. This means that the amount available and the conditions attached to the grant will differ, so it is important to check the specific guidelines for your state or territory.

It’s important to note that the FHOG is just one of several incentives available to first home buyers. In most states and territories, the grant is not linked to stamp duty exemptions or concessions, with the exception of the Australian Capital Territory (ACT). The FHOG is typically a one-off payment, reducing the overall cost of purchasing or building a new home before any stamp duty concessions are applied.

Below, we provide a breakdown of the First Home Owner Grants available across Australia, outlining the specific details for each state and territory.

<h2>New South Wales First Home Owner Grant</h2>

First Home Owner Grant: Offers a $10,000 grant for new homes valued up to $600,000. For land purchases and owner-builders, the threshold extends to $750,000.

Stamp Duty Benefits: Provides full stamp duty exemption for homes valued up to $800,000, with concessions available for properties up to $1 million.

<h2>Victoria South Wales First Home Owner Grant</h2>

First Home Owner Grant: Provides a $10,000 grant for first-home buyers purchasing or building new homes valued up to $750,000.

Stamp Duty Benefits: Offers full stamp duty exemption for properties up to $600,000, with concessions available up to $750,000.

<h2>Queensland First Home Owner Grant</h2>

First Home Owner Grant: Offers $30,000 for contracts signed between 20 November 2023 and 30 June 2025. The FHOG applies to new homes valued up to $750,000.

Stamp Duty Concessions: Provides additional concessions for properties valued up to $800,000.

<h2>Western Australia First Home Owner Grant</h2>

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First Home Owner Grant: Offers a $10,000 grant for new homes valued up to $750,000 in the southern regions and up to $1 million in the northern regions.

Stamp Duty Concessions: Available for homes valued up to $600,000 for transactions entered into on or after 9 May 2024.

<h2>Australian Capital Territory First Home Owner Grant</h2>

First Home Owner Grant: Replaced by the Home Buyer Concession Scheme, offering full stamp duty concessions for eligible buyers.

<h2>South Australia First Home Owner Grant</h2>

First Home Owner Grant: Provides up to $15,000 for new homes, including houses, apartments, and townhouses. As of 6 June 2024, there is no property value cap for eligibility.

Stamp Duty Relief: Available for new homes and vacant land purchases.

<h2>Tasmania First Home Owner Grant</h2>

First Home Owner Grant: Offers a $10,000 grant for new homes and off the plan purchases.

Stamp Duty Exemption: Between 18 February 2024 and 30 June 2026, first home buyers of established homes valued up to $750,000 receive a full exemption on property transfer duty.

<h2>Northern Territory First Home Owner Grant</h2>

First Home Owner Grant: The Northern Territory provides a $10,000 grant for new homes only. Additional government grants and concessions are available for first home buyers.

Stamp Duty Exemption: The only stamp duty exemption available to property buyers is the House and Land Package Exemption (HLPE).

Eligibility criteria and application processes differ across states. Prospective buyers should refer to their respective state revenue offices for full details on grant availability, conditions, and additional concessions.

Every First Home Owner Grant for new property by state

In the ever-evolving landscape of sustainable architecture and environmentally conscious design, systems and ratings in place can help determine the energy efficiency of residential buildings in Australia.

Australia has multiple building rating systems that evaluate energy efficiency and sustainability in existing and new building designs.

Some systems assess individual building components, while others provide an overall rating for the entire structure.

A rating system ensures that homes are comfortable and energy-efficient, whether you are buying, renovating, or building.

NatHERS (Nationwide House Energy Rating Scheme) is a common way for new homes to meet energy efficiency requirements.

As new developments continue to shape the urban environment, understanding NatHERS ratings becomes essential for developers and homeowners. This article delves into the concept of NatHERS ratings, their significance, and how they contribute to creating energy-efficient homes.

<h2>What is NatHERS?</h2>

NatHERS is a national initiative implemented by the Australian government to promote energy efficiency in residential buildings. The scheme aims to provide a standardised method for assessing the thermal performance of homes, considering factors such as insulation, orientation, ventilation, and building materials.&nbsp;

NatHERS ratings are the most common way new homes meet the National Construction Code's (NCC's) minimum energy efficiency requirements.&nbsp;

NatHERS assessments provide thermal and whole-home ratings for new homes, townhouses, and apartments.

The rating helps evaluate the energy performance of buildings, guides homeowners and developers to make informed decisions about the energy efficiency of their properties, and encourages the construction of more sustainable, comfortable, and cost-effective homes.

<h2>How NatHERS Ratings Work</h2>

NatHERS ratings are determined through four accredited software tools (AccuRate, BERS Pro, FirstRate5, HERO) using a calculation engine CSIRO developed to predict building temperature based on various factors.

The tools can model complex effects of building mass, insulation, window size, and other elements.

The outcome is a star rating that reflects the building's overall thermal efficiency, indicating how well it can maintain a comfortable indoor temperature without excessive reliance on heating or cooling systems.

The star rating scale ranges from 0 to 10, with a 6-star rating being the minimum requirement for compliance with the National Construction Code (NCC).&nbsp;

Achieving a higher star rating demonstrates a commitment to energy efficiency and sustainability, as the building is better equipped to minimise its environmental impact and reduce long-term energy costs.

Anyone can use NatHERS tools, but accredited assessors can provide certified ratings and professional advice.

<h2>Benefits of Higher NatHERS Ratings</h2>

Energy Efficiency: Buildings with higher NatHERS ratings are more energy-efficient, requiring less heating and cooling energy. This reduces the structure's carbon footprint and lowers occupants' energy bills.

Cost Savings: Homes with higher NatHERS ratings are generally more energy-efficient, resulting in reduced energy consumption for heating and cooling. This translates to lower energy bills for homeowners, making sustainable living environmentally friendly and economically viable in the long run.

Environmental Impact: Lower energy consumption directly translates to a reduced environmental impact. Buildings with higher NatHERS ratings contribute to the overall goal of mitigating climate change by lowering greenhouse gas emissions associated with heating and cooling systems.

Improved Comfort: Buildings with high NatHERS ratings offer better thermal comfort to occupants. Proper insulation, well-designed ventilation, and optimal orientation maintain a consistent and comfortable indoor temperature, providing occupants with a more enjoyable and healthier space.

Market Value and Desirability: Higher NatHERS ratings can enhance the market value of a property. As energy efficiency becomes a more significant consideration for homebuyers, a well-rated building may attract a premium price and stand out in the real estate market.

Compliance with Building Codes: NatHERS ratings are a vital component of the National Construction Code (NCC), and compliance with these ratings is often a mandatory requirement for new developments. Local councils and planning authorities may set minimum energy efficiency standards that must be met to obtain development approval.

The Nationwide House Energy Rating Scheme (NatHERS) is a crucial initiative shaping the future of energy-efficient, resilient, and cost-effective homes. With its recent upgrades, NatHERS has evolved into a world-leading tool for the building sector, supporting the global commitment to achieving net-zero emissions by 2050.

Staff Writer

What is a NatHERS rating in new off the plan apartment developments?

Mixed-use developments have gained significant popularity across Australia in recent years due to their unique blend of residential, commercial, and recreational spaces.

Unlike traditional single-purpose developments, mixed-use projects offer a harmonious integration of various functions within a single locale.

Residential units seamlessly coexist with commercial establishments, retail outlets, dining venues, entertainment hubs, and recreational facilities, with the combination not only enhances convenience but also fosters a vibrant lifestyle and a sense of community.

<h3>Convenience and accessibility</h3>

Mixed-use developments are designed with convenience in mind. They often integrate residential units with commercial spaces, retail outlets, restaurants, and recreational facilities, creating a self-contained community.

[smartcode_project:default project_id=114215 project_image_fid=204874]

The proximity allows residents to enjoy the convenience of having essential amenities and services within walking distance. Whether it's grabbing a cup of coffee, going grocery shopping, or accessing healthcare services, everything is conveniently located, saving residents time and effort.

<h3>Vibrant lifestyle and community</h3>

One of the major advantages of mixed-use developments is the vibrant lifestyle they offer. With a diverse range of amenities and communal spaces, residents have ample opportunities to interact, socialise, and build a sense of community.

[smartcode_project:default project_id=107714 project_image_fid=214122]

The presence of parks, community centres, and shared spaces fosters a lively atmosphere, encouraging residents to engage in various activities and events. The vibrant lifestyle within these developments creates a unique sense of belonging and camaraderie among the residents.

<h3>Potential for higher rental yields and property value appreciation</h3>

Mixed-use developments tend to attract a broad range of tenants and buyers due to their versatile nature. This high demand can result in higher rental yields for investors and potentially lead to property value appreciation over time.

[smartcode_project:default project_id=139989 project_image_fid=212887]

The integration of commercial and retail spaces attracts businesses, which can provide a stable rental income stream. Additionally, the popularity of mixed-use developments often drives up property values, making them a potentially lucrative investment in the long term.

<h3>Enhanced security and maintenance</h3>

Mixed-use developments typically have comprehensive security measures in place. With controlled access points, CCTV surveillance, and professional security staff, residents can enjoy enhanced safety and peace of mind.

[smartcode_project:default project_id=108019 project_image_fid=212658]

Additionally, these developments often have dedicated maintenance teams responsible for the upkeep of common areas, landscaping, and infrastructure. This ensures that the overall appearance and functionality of the development are well-maintained, creating a pleasant living environment for residents.

<h3>Live-work-play balance</h3>

One of the key attractions of mixed-use developments is the ability to achieve a desirable live-work-play balance. The integration of residential and commercial spaces allows residents to live closer to their workplaces, reducing commuting time and improving work-life balance.

The proximity to various amenities and recreational facilities encourages an active and healthy lifestyle. Residents can easily access fitness centres, parks, restaurants, and entertainment options, all within the same development, leading to a more fulfilling and convenient way of life.

alisonwarters@gmail.com

The top five reasons to buy in a mixed-use development

When buying a property, everyone needs to be aware of the additional costs that come as part of the buying process.

Often the largest outlay, after the deposit which goes to the bank, is stamp duty.

<h2 style="line-height: 1.38;">What is Stamp Duty?</h2>

Stamp duty is an extra tax to pay the government when you buy land, a property, and other certain assets.

It happens when the legal ownership is transferred. It can also be known as property transfer duty or transfer duty.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="415" src="https://www.youtube.com/embed/C32BWkB5--c" title="YouTube video player" width="660"></iframe>

<h2>Who pays Stamp Duty?</h2>

In some circumstances, you may get an exemption. For some states, you won’t have to pay for stamp duty if you are a first home buyer or a pensioner for houses under a particular price. There are also stamp duty concessions, where you may be entitled to a discount.

<h2>How much does Stamp Duty cost?</h2>

Each state has different rules which affect how much you need to pay. These rules can affect the rate you pay, and the timeframe you will need to pay in. Before you buy land or a property, make sure you check the up-to-date information for your state’s stamp duty.

You can use a free stamp duty calculator online to see approximately how much you’ll need to pay. Find out if you’re eligible for an exemption by enquiring on a project via Urban!

Overall, the stamp duty you need to pay will depend on:

<ul>
	<li aria-level="1">How much your land/property is worth</li>
	<li aria-level="1">Where your land/property is located</li>
	<li aria-level="1">What type of land/property it is</li>
</ul>

Want to find out more? <a href="https://www.youtube.com/@UrbanAustralia?utm_source=YouTube&amp;utm_medium=Video&amp;utm_campaign=Subscribe&amp;utm_id=Subscribe">Subscribe to our YouTube channel</a> for more property videos.

Ellen Walker

Off-the-plan property explained: What is stamp duty?

Brisbane's supercharged property market is continuing its bull run in 2024.

If it wasn't for Perth, Brisbane would be the best performing capital city unit market in the country.&nbsp;

CoreLogic's Monthly Hedonic Index showed the value of Brisbane units, which incorporates both apartments and townhouses, rose 1.9 per cent in July.&nbsp;

So far in 2024, units in Brisbane are now 12.8 per cent higher than they started the year, taking the median value from $561,000 to $638,000, surpassing Melbourne and Canberra to become the second most expensive capital city unit market in the country.

CoreLogic Research Director, Tim Lawless, said available supply is a key factor explaining the diverse outcomes in housing growth trends.

“The number of homes for sale in Brisbane, Adelaide and Perth is more than 30 per cent below average for this time of the year, while weaker markets like Melbourne and Hobart are recording advertised supply well above average levels,” Lawless said.

<h2>What happened in Brisbane’s off the plan apartment market in July</h2>

<a href="/developers/sekisui-house-australia" target="">Sekisui House</a>&nbsp;Australia secured a $5.25 million sale of a penthouse atop Altura, one of its buildings in its $1 billion&nbsp;<a href="/developments/west-end-qld-4101">West End</a> masterplan, West Village.

They've seen a 'reverse sea changer' trend at&nbsp;<a href="/new-apartments/the-allere-collection-west-village-mollison-street-west-end">West Village</a>, which is approaching its final tower release. The buyers,&nbsp;business owners Leo Nipperess and partner Brett Park, are coming from a large home on Sovereign Island.

Nipperess and Park were drawn to the expansive 368 sqm layout complete with multiple living and entertaining zones, five bedrooms, four bathrooms and multiple balconies, only 800m from the Brisbane CBD.

[smartcode_project:default project_id=114215 project_image_fid=257538]

West End is also set for some more future supply with builder-developer Zen Group planning two&nbsp;"climate-responsive and contextually driven" apartment towers at <a href="/new-apartments/24-duncan-street-west-end">24 Duncan Street</a>, near Montague Markets.

The towers will home just over 200 apartments.

<img alt="West End set for climate-responsive apartments" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_900,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Duncan%20Street.png?VersionId=.A9VkekWac99LJ7L8mqewo7AAsg4Vwb_" />

The vision aligns with Brisbane's goal to become a New World City by 2031, promoting a globally recognisable subtropical urban lifestyle.

Duncan Street will comprise two 17-level buildings housing 202 apartments, from one-bedroom plus study apartments through to three-bedroom units.

Read more:&nbsp;<a href="/news/qld/west-end-set-for-climate-responsive-apartments">West End set for climate-responsive apartments</a>

The riverside has been where it's at in July. Across the Brisbane River in St Lucia, developer <a href="/developers/dusk-group">Dusk Group</a>&nbsp;has found a gap in the market with its latest project,&nbsp;<a href="/new-townhouses/aurora-on-depper-st-lucia-68-72-depper-street-st-lucia">Aurora on Depper</a>.

Aurora on Depper presents an attractive opportunity, considering the scarcity of townhouses in the suburb and the competitive starting price of $1.55 million.

The townhouses,&nbsp;currently under construction by Akam Constructions, feature three bedrooms, a two-car garage, kitchens with zero silica benchtops and butler's pantries, and hybrid timber flooring throughout the living areas.

The townhouses are expected to complete by mid-2025.

Read more:&nbsp;<a href="/news/qld/aurora-on-depper-townhouses-to-target-st-lucias-missing-middle">Aurora on Depper townhouses to target St Lucia's "missing middle"</a>

[smartcode_project:default project_id=139032 project_image_fid=232287]

The <a href="/developments/bulimba-qld-4171">Bulimba</a> riverfront is also set for a new collection of apartments. Architect-turned-developer&nbsp;<a href="/architects/joe-adsett-architects" target="">Joe Adsett</a>&nbsp;is teaming up with developer Zephyr Group QLD for Palais Bulimba at&nbsp;<a href="/new-apartments/palais-bulimba-25-27-byron-street-bulimba">25-27 Byron Street</a>.

Adsett has designed the two buildings that will home just 13 luxury apartments, focused on taking advantage of the 30 metres of absolute river frontage, connecting residents to nature and views with river-facing balconies.&nbsp;

&nbsp;

<img alt="First look exclusive: Joe Adsett partners with Zephyr Group for luxury Bulimba apartment development, Palais Bulimba" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_900,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screenshot%202024-07-26%20at%2012.03.10%E2%80%AFPM.png?VersionId=fqJQZmCijuLhkR7A1hYV8JBIaOmOrqZe" />

Adsett is expecting Palais Bulimba to attract significant interest from both local and interstate buyers. Construction is slated to commence later this year, with completion expected in mid-2026.

Read more:&nbsp;First look exclusive: <a href="/news/qld/first-look-exclusive-joe-adsett-partners-with-zephyr-group-for-luxury-bulimba-apartment-development-palais-bulimba">Joe Adsett partners with Zephyr Group for luxury Bulimba apartment development, Palais Bulimba</a>

The only true tower development to launch in 2023,&nbsp;Ruby Ruby&nbsp;in the riverside suburb of <a href="/developments/milton-qld-4064">Milton</a>, got a little bigger in July.

National developer&nbsp;<a href="/developers/kokoda-property" target="">Kokoda Property</a>&nbsp;was given the green light to add another four levels to the Crombie Street tower. The enhanced scheme will see a further 34 apartments added

<a href="/new-apartments/ruby-ruby-milton-12-crombie-street-milton">Ruby Ruby</a>&nbsp;now comprises 178 apartments across a 26-level building designed by&nbsp;<a href="/architects/cottee-parker-architects">Cottee Parker</a>.

Read more:&nbsp;<a href="/news/qld/kokoda-adds-more-apartments-to-ruby-ruby-in-milton">Kokoda adds more apartments to Ruby Ruby in Milton</a>

Read more:&nbsp;<a href="/news/qld/city-beat-july-2024-brisbane-units-on-course-for-20-per-cent-gains-in-2024">City Beat July 2024: Brisbane units on course for 20 per cent gains in 2024</a>

Read more:&nbsp;<a href="/news/qld/city-beat-june-2024-brisbane-overtakes-canberra-as-australias-second-most-expensive-capital">City Beat June 2024: Brisbane overtakes Canberra as Australia's second most expensive capital</a>

[smartcode_project_cta:default project_id=139032]

CoreLogic Research Director, Tim Lawless, said available supply is a key factor explaining the diverse outcomes in housing growth trends

City Beat August 2024: Brisbane property boom continues

The builder-developer model isn't new.

Some of Queensland's best developers have been vertically integrated builder-developer for decades.

The challenging construction environment on the Gold Coast, characterized by a substantial increase in apartment projects since COVID-19, along with limited labor resources and rising costs for materials and labor, has led some developers to adjust their strategies to incorporate construction as part of their core service.

The likes of <a href="/developers/morris-property-group">Morris Property Group</a>&nbsp;and <a href="/developers/mosaic-property-group">Mosaic Property Group</a> have had their own building arm for years. They've created the blueprint that a lot of developers on the Gold Coast are looking toward.

[smartcode_project:default project_id=112024 project_image_fid=286004]

<a href="/developers/siera">Siera Group</a>, who made the move from Brisbane to the Gold Coast a few years ago, has for a long time had construction in-house when building luxury townhouse developments across Brisbane's inner ring. They've now decided to do the same at <a href="/new-apartments/tapestry-chevron-island-39-darrambal-street-chevron-island">Tapestry on Chevron Island</a>.

<a href="/developers/marquee">Marquee</a> Development Partners have brought construction in-house for <a href="/new-apartments/la-belle-palm-beach-332-the-esplanade-palm-beach">La Bella Palm Beach</a>, as have <a href="/developers/iris-capital">Iris Capital</a> for its $1 billion Broadbeach development <a href="/new-apartments/victoria-albert-broadbeach-20-albert-avenue-broadbeach">Victoria &amp; Albert</a> and Steer Developments for its <a href="/new-apartments/c-te-palm-beach-3-thirteenth-avenue-palm-beach">COTE Palm Beach</a> project.

[smartcode_project:default project_id=108641 project_image_fid=192961]

Antonio Mercuri, who heads up site amalgamation specialists GV Property Group, says a key point the team look for&nbsp;when selling a site is if the buyer (developer) has a genuine track record of finishing their projects.

“If you see a high or midrise under construction on the Gold Coast at the moment, chances are, they’re a builder-developer,” Mercuri says.

“It's been a trend in the past couple of years, and very much so in the past 12 months.

“There are so many builders collapsing in Queensland at the moment under that rising cost of construction, and that’s leaving limited competition in the market.&nbsp;It’s forcing a change and as a result, many developers have started building themselves. They’re the ones delivering on these projects - it’s no coincidence."

[smartcode_project:default project_id=102340 project_image_fid=273593]

Mercuri says if someone is looking to buy off the plan, they should do&nbsp;their homework and check if they’re either a builder developer, or in the least, have a builder who they’ve worked alongside in the past.

&nbsp;

“It’s devastating for a buyer who’s handed over a hard earned deposit, only to be told their apartment simply isn't being built.

“Ideally, the project goes up and their unit appreciates in value but that’s not always the case.”

Antonio Mercuri, who heads up site amalgamation specialists GV Property Group, says a key point the team look for when selling a site is if the buyer (developer) has a genuine track record of finishing their projects

The growing trend of the builder-developer, and why it impacts the Gold Coast off the plan apartment market more than most

Sydney-based Oracle Estates has submitted plans for a two-tower apartment project in Brisbane's Spring Hill.

The development at&nbsp;25 Fortescue Street will bring 252 apartments to the burgeoning&nbsp;<a href="/developments/spring-hill-qld-4000">Spring Hill</a>&nbsp;market. The development, at 25 Fortescue Street, will accommodate&nbsp;social and affordable housing.

Tower 1, dedicated to social housing, will rise 14 levels and include 115 apartments, with a mix of 74 one-bedroom, 39 two-bedroom, and two three-bedroom units.&nbsp;

Tower 2, focused on affordable housing, will reach 15 levels and contain 137 apartments, consisting of 24 studios, 73 one-bedroom, 38 two-bedroom, and two three-bedroom units.

The development will also feature 115 parking spaces distributed across two basement levels.

<img alt="25 Fortescue Street" data-entity-type="file" data-entity-uuid="4c018f73-64ca-4fbf-b79d-904f3fe8304f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/25%20Fortescue%20Street.png?VersionId=d2FBCIpfXDPKSE_YDdGBdeari6FzKh0Y" />

Designed by <a href="/architects/rothelowman">Rothelowman</a>, the architectural style of the development is described as a bold subtropical expression, characterised by order, rigour, and simplicity.

"The design seeks humility in its respect for the daily life of future residents. A clear focus on the way in which people will live within this place allows for an outcome that prioritises liveability, functionality, longevity and care; design enabling a simple way of life."

Symmetry and repetition in the building's plan and elevations contribute to a timeless aesthetic, while textured vertical panels and reflective glazing add to the building's visual appeal.

<img alt="25 Fortescue Street laneway" data-entity-type="file" data-entity-uuid="e16bf882-c2ff-41ba-9251-96ea1ae720da" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/25%20Fortescue%20Street%20Laneway.png?VersionId=iYAaERQnuOiGXvhCIm5vXMN3zuNpuC_M" />

The development also includes a newly created laneway connecting Little Edward Street and Fortescue Street, serving as both a connective and communal space.

"The masterplan for the site seeks to create a sense of communal engagement. The newly created laneway acts as both a connective space but also a collective one."

This laneway will function as a lobby, play area, garden, work zone, and gathering space, fostering communal engagement and a sense of collective ownership among residents.

Commercial spaces along Little Edward Street,&nbsp;, likely cafes and restaurants, will enhance the street frontage.

Twin apartment towers pitched for Spring Hill

Brisbane's affluent suburb of Kangaroo Point is going through a development boom.

The riverside suburb immediately south of the Story Bridge is having its time in the sun, with several developers creating varying levels of density in the area.

The latest application is for a 22-level building at 51 Darragh Street which will home 65 apartments. Like most apartments being offered in <a href="/new-apartments/kangaroo-point-qld-4169">Kangaroo Point</a>, they are targeted at the owner-occupier. There are 58 three-bedroom apartments proposed and seven four-beds.

The apartment sizes on offer will be generous. Internally, the three-bedders start from 129 sqm, with a further 26 sqm balcony. The largest apartments span 239 sqm internally and have balconies as large as 67 sqm.

<img alt="f" data-entity-type="file" data-entity-uuid="39777a2d-68df-421e-9677-d4470871d22c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-08-09%20at%2011.57.22%E2%80%AFAM.png?VersionId=rZj7lYT0JaN6obYhrn3ExL8vhlr4a9DB" />

&nbsp;

&nbsp;

Each apartment is designed by <a href="/architects/peddle-thorp-architects">Peddle Thorp Architects</a> to offer significant river and city views, with a large, north-facing balcony providing ample outdoor living space, good shading in warmer months, and excellent solar access in winter.

Occupying a 1272 sqm site, the development dedicates over 73 per cent of its area to recreation and landscape spaces.&nbsp;

Ground level facilities include two tennis courts (one covered), a 25-metre lap pool, and shady lawns surrounded by deep planting areas and the retention of established hedges on the eastern and southern frontages.&nbsp;

These amenities are intended for both the development's residents and those living in the Dockside precinct.

A public through-site link will be provided via a stair and lift to access the tennis court and gym and a pergola designed to block views to the dock from the adjacent building.

<img alt="Kangaroo Point 22-storey apartment development" data-entity-type="file" data-entity-uuid="0b90a67b-dbc2-43b2-be76-04d4d189092f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Darragh%20St%20podium.png?VersionId=aTdnZpbXvJnYtDTc_4EXA2weJ3rSul1n" />

There is also a small public coffee shop with external seating and a poolside bar table area enhancing the streetscape.

The rooftop offers another 600 sqm of recreation space. That includes a large swimming pool, covered lounge areas, a 'sunset lounge' with city views, a covered BBQ area with river views, a sunny play lawn, and an exercise area with an outdoor exercise lawn.&nbsp;

<img alt="g" data-entity-type="file" data-entity-uuid="6d33d0a6-d27e-415a-97bc-9897119706ba" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-08-09%20at%2011.56.56%E2%80%AFAM.png?VersionId=1.ujN0tTYuK5bFoV0qLup22viVQ629ip" />

Kangaroo Point has been a hive of activity in the last 12 months.

<a href="/news/qld/pikos-property-group-changes-to-kangaroo-point-maroochydore-employment-hub-of-the-sunshine-coast">Pikos Group</a> relaunched Skye Residences, 69 luxury apartments across two buildings connected by a sky bridge on the corner of River Terrace and Main Street.

Pikos is also soon to launch <a href="/new-apartments/gaia-kangaroo-point-108-lambert-street-kangaroo-point">Gaia</a>, a further 215 apartments across three 15-level buildings at 108 Lambert Street. The development will also create a full acre of inner-city parklands.

More boutique developments have seen huge success recently. <a href="/new-apartments/sorano-house-kangaroo-point-12-hamilton-street-kangaroo-point">Sorano House</a>, on the dress circle Hamilton Street, recently <a href="/news/qld/sorano-house-kangaroo-point-penthouse-breaks-brisbane-record">smashed the price per square metre record</a> for Brisbane.

Each apartment is designed by Peddle Thorp Architects to offer significant river and city views

mikah.m@urban.com.au

First look: Kangaroo Point apartment boom continues with new 22-level tower plans

Kokoda Property has provided the first glimpse into what life could look like as part of Brisbane’s largest private development, a $1.5 billion mixed-use precinct on the banks of Teneriffe.&nbsp;

Known as <a href="/new-apartments/teneriffe-banks-17-27-skyring-terrace-teneriffe">Teneriffe Banks</a>, the next evolution of Brisbane City will provide a place to live, work, play and rejuvenate, spanning residential, hotel, commercial, and riverfront dining and retail.&nbsp;

Teneriffe Banks will comprise five unique buildings, The Interloom (North and South), The Ferry Building, The Store Houses (North and South) and within them, The Woven Lofts.&nbsp;

<img alt="Teneriffe Banks site plan" data-entity-type="file" data-entity-uuid="e3c1a954-edca-4b55-a4ba-9a42a6d5316b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/240802_Marketing%20Set_Site%20Plan_v2.jpg?VersionId=P7_AZlwU3BNXfUFLA2n9.1_bqzrQV4j1" />

Over 200 dwellings will soon be available, ranging from luxury apartments to modern penthouse residences and grand,&nbsp;woolstore-inspired lofts.&nbsp;

Designed by <a href="/architects/cottee-parker-architects">Cottee Parker Architects</a> and <a href="/architects/carr-design">Carr</a>, Teneriffe Banks is set amongst lush gardens and open spaces, connecting Skyring Terrace back to the Brisbane River via sprawling laneways, Helen Lane, Wool Lane and Brick Lane.&nbsp;

Perched along the Brisbane River, the Teneriffe Banks flagship buildings known collectively as The Interloom, are designed to connect the urban landscape with the waterfront. The Interloom South will be home to a collection of two, three and four-bedroom luxury apartments and penthouses with resort-style common amenities including dining rooms, rooftop pool and spa, and coworking spaces.&nbsp;

<img alt="Teneriffe Banks overlooking Brisbane River" data-entity-type="file" data-entity-uuid="8ebb6a2a-e7c3-4d9f-a11c-4fbe1fbd8c2e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/EA14b%20-%20Marina%20Brisbane%20River%20South.jpg?VersionId=3evWuxvBtVptBkFQeUXt2tcXDx7T9ttV" />

The Interloom North will be home to Brisbane’s first Kimpton Hotel, which will feature a 200-plus-seat signature restaurant and bar, spa with multiple treatment rooms, a fitness centre, large-scale multi-purpose meeting and event spaces, as well as an open-air Garden Terrace complete with infinity pool, and a rooftop bar with spectacular Brisbane city views.&nbsp;

The Ferry Building, adjacent to the iconic <a href="/developments/teneriffe-qld-4005">Teneriffe</a>&nbsp;Ferry Terminal, will feature expansive modernist homes with 3.6m ceiling heights, offering layouts that masterfully blend the neighbourhood character of the woolstores with modern craft.&nbsp;

Along Skyring Terrace, The Store Houses North and South will be home to modern warehouse residences known as The Woven Lofts, offering a contemporary interpretation of the iconic Teneriffe warehouse, inspired by the world’s best post-industrial homes.&nbsp;

<img alt="Teneriffe Banks terrace" data-entity-type="file" data-entity-uuid="9af1602d-914f-4a85-ab7e-66f51dddc4a1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/EL03b%20-%20T2%20L2%20Podium%20Terrace.jpg?VersionId=e3xTvgpINyQtNxT.7zHf3PBu1SwN6DDY" />

Nestled above The Woven Lofts will sit the fifth collection of homes, The Store Houses, which kits onto both the north and south buildings along Skyring Terrace and captures the urban character and city form, inspired by the geometry of the masterplan with a selection of one, two and three-bedroom apartments, and a unique loft apartment masterfully designed to take advantage of both city and river views.&nbsp;

<a href="/developers/kokoda-property">Kokoda Property</a> Founder and Managing Director Mark Stevens said that Teneriffe Banks will be the developer’s crowning achievement.&nbsp;

“Teneriffe Banks is one of the largest private developments within Brisbane and with that, comes a weight of responsibility," Stevens said.

"We have worked tirelessly to refine the masterplan and vision for the site and believe it will leave a lasting legacy for the city of Brisbane. It will become a global destination where people can meet, connect, and enjoy for generations to come."

Teneriffe Banks is a collaboration between design partners Cottee Parker Architects, Carr, and <a href="/architects/urbis">Urbis Town Planning and Landscaping</a>.&nbsp;

“The advantage of working with two architectural practices is that they both feed off each other, finding strengths in their respective niches and harmoniously bring them together. I believe we have successfully combined the best of both worlds,” Stevens added.

[smartcode_project_cta:default project_id=139896]

Teneriffe Banks is a collaboration between design partners Cottee Parker Architects, Carr, and Urbis Town Planning and Landscaping. 

Kokoda Property unveils Teneriffe Banks, $1.5 billion Brisbane River precinct

Developer Sarazin and tier-one construction firm Hutchinson Builders has signalled the start of construction of Woolloongabba's newest development, Murcia Residences.

Following tradition, Sarazin and Hutchies has officially turned the first earth at a sod-turning ceremony that has become a custom practice in the development industry.

<a href="/new-apartments/murcia-residences-east-brisbane-9-overend-street-east-brisbane">Murcia Residences</a>, on the border of <a href="/developments/woolloongabba-qld-4102">Woolloongabba</a> and <a href="/developments/east-brisbane-qld-4169">East Brisbane</a> at 9 Overend Street, just 150 metres from The Gabba, has been inspired by the Spanish city of Murcia and comprises 210 one, two and three-bedroom apartments in a Mediterranean-like building.

In the building will be a 700 sqm office tenancy on the second floor and 300 sqm of retail on the ground floor.

[smartcode_project:default project_id=135094 project_image_fid=214684]

Crowning the building will be an <a href="/news/qld/the-top-10-best-apartment-rooftops-in-brisbane">impressive rooftop</a> with a&nbsp;heated infinity pool, cold and warm magnesium plunge pools, spa, sauna, bookable private dining room, work-from-home spaces, fully equipped gym and various outdoor alfresco BBQ areas.&nbsp;

A public art gallery located on the ground floor builds on Sarazin’s already substantial contribution to the arts in Brisbane, complementing its groundbreaking STEAMM Studios (STEM + Art and Music) at Woolloongabba and Sarazin’s major sponsorship of the Griffith University Art Museum at South Brisbane.

[smartcode_project:default project_id=135094 project_image_fid=214685]

Strategically located and in close proximity to the soon-to-be operational Woolloongabba Cross River Rail station, residents and workers at Murcia will enjoy unequalled connectivity to train, bus and tram services, with easy access to north and south arterial freeways.

Read more:&nbsp;<a href="/news/qld/a-front-row-seat-to-the-2032-brisbane-olympics-how-murcia-residences-is-set-to-take-advantage-of-woolloongabba-boom">A front row seat to the 2032 Brisbane Olympics: How Murcia Residences is set to take advantage of Woolloongabba boom</a>

With panoramic views of the Brisbane city skyline, and within easy walking distance to the Logan Rd and South City Square dining precincts, Murcia Residences is set to become a landmark Brisbane building, reflecting the evolution of city in the lead up to the 2032 Olympic Games.

[smartcode_project:default project_id=135094 project_image_fid=214681]

<a href="/developers/sarazin">Sarazin</a> Founder and Director Darren Dougan said Murcia’s architecturally ambitious design is set to become the gold standard for urban regeneration in the area.

"In the midst of a housing crisis, Murcia will provide much needed additional supply to the Brisbane market, offering varied housing options to the community, from the solo urbanite to downsizers to young families.”

<a href="/builders/hutchinson-builders">Hutchinson Builders</a> Chairman Scott Hutchinson said the team are delighted to be partnering with Sarazin on this project. &nbsp;

"We have been impressed by Sarazin’s attention to detail and professional business ethos, and we look forward to working with the Sarazin team to deliver an exceptional residential development.”

Murcia adds to Sarazin’s other developments in Woolloongabba, including Silk One, Silk Lane, Nuage and Hampton Yards.&nbsp;

[smartcode_project_cta:default project_id=135094]

Sarazin Founder and Director Darren Dougan said Murcia’s architecturally ambitious design is set to become the gold standard for urban regeneration in the area

Sarazin officially turn sod at Murcia Residences

The City of Gold Coast has approved the development application for the Sunlight Lifestyle Precinct, a new mixed-use development at the Gold Coast Turf Club.&nbsp;

The $370 million project, a collaboration between the Gold Coast Turf Club and Tony Fung's Aquis Australia, aims to transform the area into a dynamic precinct that complements the Turf Club and nearby Home of the Arts (HOTA).

The approval includes a preliminary approval with a variation request, ensuring the redevelopment occurs in an orderly fashion similar to a master plan.

The Sunlight Lifestyle Precinct project will span over seven years and encompass a range of residential, commercial, and recreational spaces.

<img alt="Inside the Gold Coast Turf Club's $370 million redevelopment plans" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_900,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screenshot%202023-05-08%20at%203.16.57%20pm.png?VersionId=l4N49Il8QVpGQBe5YTwYpH8QhMTHL5vr" />

The development will cover two hectares and feature eight buildings centred around a lively laneway.

Three high-rise towers will house most of the 582 apartments and 63 short-term accommodation suites.

Tower A and Tower B will also house the rooftop amenities like a swimming pool, outdoor dining area, sauna, spa, and an indoor function room.&nbsp;

Tower C, the tallest at 19 levels, will feature a two-level day club with a central pool, cabanas, day beds, pavilions, restaurant dining, bar space, a VIP lounge, and additional function space with a prep kitchen.

The remaining residential buildings will be low-rise, located away from the track, featuring ground-floor amenities along a sub-tropical boulevard.&nbsp;

<img alt="Inside the Gold Coast Turf Club's $370 million redevelopment plans" 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/Screenshot%202023-05-08%20at%2011.54.19%20am.png?VersionId=S3NzLkGGmRLC8PuTB63OOCEvhq6qEiLl" />

<a href="/architects/woods-bagot">Woods Bagot</a>, the project’s designers, prioritised public spaces and emphasised the integration of indoor and outdoor spaces.

The boulevard, the main pedestrian and vehicular linkage, will be flanked with landscaping and public amenities, intended for flexible use, including street festivals and weekend markets.

The development will include two on-grade car parks and a basement car park, supporting the various buildings within the precinct.

The project also incorporates a multi-level rooftop hotel and function facility overlooking the racetrack.

The Sunlight Lifestyle Precinct is expected to significantly enhance the Gold Coast Turf Club, contributing to the area’s economy and creating a unique lifestyle and tourism destination that celebrates the sub-tropical climate and lifestyle of the Gold Coast.

The Sunlight Lifestyle Precinct project will span over seven years and encompass a range of residential, commercial, and recreational spaces

Gold Coast Turf Club redevelopment given the all-clear

The development industry on the Gold Coast seems to be coming out of the other side of the construction that plagued the industry for the last several years.

Many developers have had to react in a way they had never been able to predict four years ago. The likes of <a href="/developers/iris-capital">Iris Capital</a>, <a href="/developers/siera">Siera Property Group</a> and <a href="/developers/andrews">Andrews Projects</a> have brought construction inhouse, mitigating the risk of appointing an external builder.

One developer caught up in the problematic build environment was <a href="/developers/steer-developments">Steer Developments</a>, who had been full throttle on <a href="/new-apartments/c-te-palm-beach-3-thirteenth-avenue-palm-beach">Côte Palm Beach</a>, a luxury development of 17 apartments a short walk from the sand, before the collapse of GCB Constructions.

[smartcode_project:default project_id=112548 project_image_fid=205277]

Following a difficult period of 12 months trying to secure a builder and manage the expectations of those who had already purchased in the luxury building, Steer Developments Director Rob Steer decided to take matters into his own hands becoming the head contractor.

He teamed up with several building industry experts to create SunBuilt, a new construction company that will deliver the $55 million luxury development. SunBuilt will act as Steer Developments inhouse construction arm,&nbsp;eliminating the tedious search for a reliable builder.

SunBuilt founding partner Damien Todd told Urban that SunBuilt was founded out of a pressing need for transparency and reliability in the construction industry on the Gold Coast.

"In a market where managing the construction process can be challenging, SunBuilt emphasises its experience throughout the whole development lifecycle. Professionalism, collaboration, quality and transparency is at our core," Todd said.

“Our approach provides greater certainty that projects are completed on time, within budget, and to the highest standards."

Rob Steer said it is a huge bonus to have an inhouse builder to guarantee the purchasers the quality of finishes that are expected in a high-end, boutique development such as Côte Palm Beach.

[smartcode_project:default project_id=112548 project_image_fid=205286]

"With only 17 apartments, each residence is designed with the utmost attention to detail, creating an intimate living environment that larger developments simply cannot match," Steer said.

"Each home features exquisite interiors with high-end finishes, bespoke cabinetry, and state-of-the-art appliances. The open-plan living areas are designed to maximise space and light, creating a seamless flow from indoor to outdoor living.

"Expansive balconies provide superb alfresco settings for everyday living or entertaining, offering breathtaking views and a perfect spot to enjoy the coastal breeze."

[smartcode_project:default project_id=112548 project_image_fid=205278]

Steer had sold half of the apartments in Côte, on an 810 sqm site located at 3 Thirteenth Avenue, before construction paused.&nbsp;

The buyers, most from the start of 2023, have stuck with Steer and the team, resembling the demand for a sure product.

"The buyers understood the build environment and knew the quality of what we were putting forward. While it's taken a little longer to realise given the collapse of the previous builder we're now excited to announce basement works are well underway and delivering on our promise for our buyer."

Demolition of the old 1960s ‘Surfside Motel’ on the prime site is complete, and now SunBuilt is starting to work on the basement levels of the nine-level building that features with a striking sculpted facade by designed by DKO as well as luxury modern interiors by Plus Architecture.

Each apartment at Côte has three bedrooms, a multi-purpose room, three-and-a-half bathrooms, and two secure underground car spaces.

[smartcode_project_cta:default project_id=112548]

"SunBuilt was founded out of a pressing need for transparency and reliability in the construction industry on the Gold Coast," Steer told Urban

Exclusive: Steer Developments bring construction inhouse as Sunbuilt revive Cote Palm Beach apartments

Four and five-bedroom penthouses are hard to come by in Brisbane's West End, which makes Sekisui House Australia's final release in its latest stage of its $1.2 billion West Village precinct, all the more unique.

The Opulent Release, part of the two-tower Allere Collection that is over 95 per cent sold, presents a rare opportunity for those looking for a city bolthole within a thriving lifestyle precinct, where everything is at their doorstep.

The apartments start at a generous 185 sqm and have been cleverly designed by regarded architecture firm&nbsp;<a href="/architects/rothelowman">Rothelowman</a>&nbsp;so all of the rooms take in sweeping views across Brisbane.

[smartcode_project:default project_id=114215 project_image_fid=257538]

Premium quality finishes and fixtures feature throughout, but are no more evident than in the kitchen where there's premium marble benchtops, a five-burner gas cooktop, an electric oven, an integrated dishwasher, and a recirculating range hood.&nbsp;

The open kitchen flows into the dining and living areas, extending to a 41 sqm balcony suitable for alfresco entertaining.&nbsp;

A second, more private living area in between the bedrooms is available for intimate family gatherings.

Soundproofing material has been used in the windows and doors, and ducted and zoned air conditioning can be controlled via mobile for year-round comfort.

[smartcode_project:default project_id=114215 project_image_fid=257539]

Residents of the Opulent Release will have access to amenities across both rooftops, with UNO featuring a private regeneration zone with city views, an infinity edge pool, an off-leash green space, Paw Pavilion, and a dog wash bay.&nbsp;

DUO offers a pool and spa surrounded by palm trees, outdoor lounges, and dining spaces.

[smartcode_project:default project_id=114215 project_image_fid=207148]

The development includes onsite property management by LivKey, year-round community and resident events, and two electric vehicles for exclusive use by all residents of&nbsp;<a href="/new-apartments/the-allere-collection-west-village-mollison-street-west-end">The Allere Collection</a>.

West Village is situated on Boundary Street, just 800 metres from the Brisbane CBD. It boasts a walk score of 99/100, with transportation, retail, dining, and health and wellness services in close proximity.

The broader 2.6-hectare West Village precinct also includes the heritage-listed former Peters Ice Cream Factories, highlighting the area's industrial heritage.&nbsp;

Upon completion, the <a href="/developments/west-end-qld-4101">West End</a>&nbsp;precinct will feature 1,200 residences, 20,000 sqm of commercial space, an 18,000 sqm retail precinct, and one hectare of open parklands and heritage laneways.

[smartcode_project_cta:default project_id=114215]

Rare four and five-bedroom penthouses offered in West End's West Village precinct

Sunshine Coast developer&nbsp;Cube&nbsp;has been given the green light to push on with its latest local apartment development, Lago.

The&nbsp;<a href="/developments/birtinya-qld-4575">Birtinya</a> apartment development at&nbsp;2 Prosperity Drive will comprise just 47 luxury apartments, continuing Cube’s commitment to delivering residential projects in premium coastal locations up and down the Sunshine Coast.

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.

Lago is the latest in a successful pipeline of <a href="/developers/cube-developments">Cube</a> projects including Nature at Cotton Tree which is now sold out, Oasis at Bokarina Beach, and Lumeah Peregian.

“The demand for premium coastal apartments is driven by their unique blend of lifestyle, convenience, and investment potential,’’ Ryan added.

“Our projects, such as Lago, offer residents an unparalleled living experience with views, resort-style amenities, and close proximity to key lifestyle features.

“Coastal destinations such as the Sunshine Coast continue to attract both local and interstate buyers looking for a superior quality of life.

“We are confident that Lago will meet the high expectations of buyers and contribute to the ongoing appeal of our world-class region."

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