A shift away from Sydney’s industrial past has left parts of the inner south defined by contrast, brick warehouses repurposed into dining precincts, former factory streets softened by landscaping and pedestrian activity.

Rosebery is one of those suburbs. Over the past decade, it has undergone significant gentrification, anchored by The Cannery, which has helped reposition the area as one of the inner city’s most sought-after lifestyle pockets.

What hasn’t kept pace with that transformation is new residential supply, which has remained relatively limited. Builder-developer Deicorp identified that gap early, securing a site in 2019 and delivering what is now one of the suburb’s most architecturally distinctive developments.

To realise the vision, Deicorp engaged Candalepas Associates to design The Rothschild, a project that is immediately recognisable from the street.

Completed in 2025, The Rothschild comprises two buildings across Rothschild and Mentmore Avenues, delivering 176 apartments. The development replaces a former industrial site, retaining a material and structural dialogue with its past while introducing a more resolved residential framework. The scale is deliberate but not monolithic, broken into forms that engage both street frontages, with retail at ground level and two levels of basement parking below.

[smartcode_project:default project_id=106843 project_image_fid=221665]

From the street, the architectural intent is clear. Off-form concrete columns run through the façade, establishing a repeated structural rhythm that gives the building its visual weight. These are paired with deep-set arches and sections of exposed brickwork, creating a layered elevation that reads less like a typical apartment block and more like a reinterpretation of industrial architecture.

The material palette is intentionally restrained, with concrete left exposed and brick used to define mass rather than decoration. The result is a building that stands out through proportion and repetition, rather than height or glazing.

This approach continues internally. A central landscaped courtyard sits between the two buildings, anchored by an olive grove that acts as both a visual and spatial focal point. Rather than functioning as residual space, the courtyard is designed as a shared ground plane, where circulation paths, seating areas and planting come together to create a usable communal environment. Its positioning allows natural light to penetrate deep into the site while maintaining separation between residences.

[smartcode_project:default project_id=106843 project_image_fid=221666]

Within the apartments, the planning follows a clear and functional logic. Entry points lead directly into open-plan living areas, with kitchens positioned as central elements alongside dining and lounge spaces. These zones extend to balconies or external openings, maintaining a visual connection to either the courtyard or the street.

Kitchens prioritise practicality, with generous bench space, ample storage and European appliances configured for everyday use. Bedrooms are typically set back from the main living areas, creating quieter zones within each residence, with separation achieved through layout rather than material change. Bathrooms are compact but efficient, incorporating mirrored cabinetry and integrated storage to maximise space. Across all residences, the emphasis is on clarity of movement and functional planning.

[smartcode_project:default project_id=106843 project_image_fid=221669]

At ground level, retail and hospitality uses extend the building’s presence beyond its residential function. A café or restaurant space, alongside communal amenities such as a music room and rooftop areas, positions the development as part of a broader urban network rather than a standalone project. These shared spaces reinforce a lifestyle where the building operates as an extension of the surrounding neighbourhood.

Rosebery’s proximity to Green Square, The Cannery and nearby parklands supports this model of living, where much of daily life is within walking distance. The Rothschild sits comfortably within that network, contributing to the streetscape through its distinctive architecture, while internally organising space around light, structure and communal use.

The Rothschild is now complete and ready to move in, with limited residences remaining.

[smartcode_project_cta:default project_id=106843]

Joel Robinson

The Rothschild reinterprets Rosebery’s industrial DNA into residential form

KTQ has unveiled&nbsp;<a href="https://www.apartments.com.au/new-apartments/casilia-16-marine-parade-coolangatta-qld-4225">Casilia</a>, the final residential release within the Kirra Point precinct which really kicked off the boom in the area back in 2019.

The final stage comprises&nbsp;87 residences and marks the culmination of a long-term, family-led vision for Kirra Point, as the precinct moves toward completion in tandem with the development.

Around $100 million in sales have been achieved already, close to 35 per cent of the residences secured ahead of launch. There have been a significant number of buyers returning from the first stage of the development, Miles Residences, securing another property within Kirra Point.

[smartcode_project:default project_id=152295 project_image_fid=368410]

Selling agent Tim Keenan from Keenan Byrne said the response reflects both the scarcity of the offering and Kirra’s growing reputation as a premium coastal market.

“This is effectively Kirra’s final act, the last release within what has become one of the Southern Gold Coast’s most tightly held beachfront precincts,” Keenan said.

“We’ve seen exceptionally strong pre-sale interest, from VIP waitlists through to off-market enquiry, which speaks to both the quality of the product and the confidence buyers have in the precinct. What’s particularly compelling is the number of buyers returning from Miles, either upgrading or investing again, which is a strong signal of how the precinct has been received."

Keenan adds that at the same time, north-facing beachfront remains exceptionally rare in Australia, limited to places like Noosa, Byron and Kirra, which is underpinning long-term value.

[smartcode_project:default project_id=152295 project_image_fid=368415]

Positioned along one of Australia’s few true north-facing beaches, Casilia offers a mix of two and three-bedroom residences with pricing ranging from $1.87 million to $7.15 million and two exclusive penthouses. Residences are oriented to capture varying outlooks, from uninterrupted Pacific Ocean views across Kirra Beach to hinterland vistas, with upper levels and shared amenity taking in sweeping perspectives along the Gold Coast coastline.

At rooftop level, a north-facing pool deck captures expansive, uninterrupted views over Kirra Beach and north towards Surface Paradise. The space incorporates a heated resort-style pool, mineral spa, sun lounges and a covered BBQ cantina.

Buyer profiles are broad, typically aged between 40 and 70, with a strong skew toward second-home ownership, drawn by a combination of lifestyle, relative value, proximity to Gold Coast Airport and lower congestion compared to more established markets such as Byron Bay and Noosa.

[smartcode_project:default project_id=152295 project_image_fid=368414]

The project is being delivered by <a href="https://www.apartments.com.au/developers/ktq-group">KTQ Group</a>, a family-owned Australian property group with a diverse portfolio spanning residential, hospitality and commercial developments. The group has delivered a number of notable projects across sectors, including the award-winning Elements of Byron resort, demonstrating its depth of experience across both hospitality and residential development.

Known for its long-term approach to place-making, KTQ Group retains a vested interest in its projects, often holding assets within its portfolio, which has also helped build trust among buyers and reinforced confidence in both the vision and delivery certainty of the precinct.

“Casilia represents the final opportunity to secure a residence within Kirra Point and brings to market the last release within our long-term vision for the precinct," KTQ Group's Jeremy Holmes said.

"Kirra Point has been more than a decade in the making, and that timeframe reflects the care behind each decision, it takes listening, balance and vision to arrive at something that feels right for the location.

“Our approach has always been to deliver Kirra Point as a destination in its own right, a connected coastal neighbourhood integrating residential, hospitality and wellness, rather than a standalone project. It’s a vision that respects place, pace and permanence, and contributes to a sense of community that feels authentic to Kirra.”

[smartcode_project:default project_id=152295 project_image_fid=368411]

Once complete, the Kirra Point masterplan will incorporate a mix of dining establishments, bars and cafés, alongside the Kirra Point Health Club and a future 91-room independent resort hotel, creating a walkable, integrated lifestyle precinct.

Architecutue and interiors at Casilia have been designed by the experienced design houses of <a href="https://www.apartments.com.au/architects/little-boat-projects">Little Boat Projects</a> and O’Neil Architecture &amp; Interior Design, The design moves beyond the conventional coastal apartments, instead taking cues &nbsp;from the surrounding landscape - layering natural materials, soft curves and warm textures to create spaces that respond to light, airflow and the rhythms of coastal living.

Residences are designed with an array of floorplates, generous proportions and intuitive flow, while at ground level Casilia connects into the broader precinct, where future laneways, retail and hospitality offerings will contribute to a neighbourhood defined as much by how people live day-to-day as its beachfront position.

[smartcode_project_cta:default project_id=152295]

The final residential release within the Kirra Point masterplan is set to launch, as strong pre-sales signal sustained demand for the Southern Gold Coast

A decade in the making: KTQ launches Casilia at Kirra Point

South East Queensland developer&nbsp;<a href="https://www.apartments.com.au/developers/gardner-vaughan-group">Gardner Vaughan Group</a>’s entry into the Gold Coast apartment market has progressed from pipeline to market, with its Chevron Island project Bronze on Chevron now formally available to purchase ahead of a planned 2029 completion.

The 119-apartment development on Mawarra Street marks the Brisbane-headquartered builder-developer’s first residential play in the Gold Coast, following its expansion south from Brisbane and the Sunshine Coast.

<a href="https://www.apartments.com.au/new-apartments/bronze-on-chevron-8-mawarra-street-surfers-paradise-qld-4217">Bronze on Chevron</a> comprises a mix of two-, three- and four-bedroom residences, with pricing starting from just over $1.5 million. The project is being delivered under Gardner Vaughan’s fully integrated model, with the group acting as both developer and builder, a structure it has consistently applied across its South East Queensland portfolio.

[smartcode_project:default project_id=107520 project_image_fid=367182]

Architecture has been designed by <a href="https://www.apartments.com.au/architects/cottee-parker-architects">Cottee Parker</a>, with landscape architecture by <a href="https://www.apartments.com.au/landscape-architect/jeremy-ferrier-landscape-design">Jeremy Ferrier</a>. The building presents as a single-tower scheme, with a focus on maximising outlook across both the Surfers Paradise skyline and the Nerang River.

Apartments have been planned with open-plan living zones extending to generous balconies, a response to the site’s dual-aspect positioning between river and ocean. Interiors follow a restrained coastal palette, with two colour schemes offered, and an emphasis on natural light and cross-ventilation.

[smartcode_project:default project_id=107520 project_image_fid=367181]

Resident amenity is concentrated across more than 1,250 sqm and includes a resort-style pool, gym, yoga lawn and rooftop entertaining areas. A function space with catering facilities forms part of the upper-level offering, alongside north- and south-facing outdoor areas.

Ground level will incorporate two retail tenancies, intended to extend the existing village character of the surrounding streets.

&nbsp;

[smartcode_project:default project_id=107520 project_image_fid=367200]

The project sits within walking distance of Thomas Drive’s established dining strip, while maintaining proximity to <a href="https://www.apartments.com.au/developments/surfers-paradise-qld-4217">Surfers Paradise</a> beach and broader Gold Coast amenity. The location, positioned on Chevron Island between the river and coastline, has increasingly attracted mid- to high-density development in recent years as the precinct evolves beyond its low-rise origins.

Gardner Vaughan’s move into the Gold Coast was first signalled in 2025, with the group identifying the region as a natural extension of its operations. Chief Executive Officer Simon Betteridge described the expansion as both “strategic and natural”, citing demand for well-designed apartments in lifestyle-driven markets.

Construction is expected to complete in early 2029.

[smartcode_project_cta:default project_id=107520]

Gardner Vaughan brings Bronze on Chevron to market as Gold Coast debut

One of the penthouses at Lily Lane, the latest stage of Carrington Place by Ellipse Property, has set a new local apartment price record.

The four-bedroom residence, purchased by a local downsizer, sold for $5.75 million—around 75 per cent higher than the previous record of $3.3 million.

Over 40 per cent of the first release of apartments at&nbsp;<a href="https://www.apartments.com.au/new-apartments/lily-lane-at-carrington-place-castle-hill-32-carrington-road-castle-hill-nsw-2154">Lily Lane</a> have already been snapped up just six weeks since it launched to the market.

&nbsp;

Located at 32 Carrington Road, <a href="https://www.apartments.com.au/developments/castle-hill-nsw-2154">Castle Hill</a> and designed by award-winning architects <a href="https://www.apartments.com.au/architects/ptw">PTW</a>, Lily Lane is directly opposite the Hills Showground Metro station. It offers a total 213 units over two 12-storey towers - a mix of 67 one-bedroom, 100 two-bedroom and 46 three-bedroom apartments - with a ground-floor retail offering.

[smartcode_project:default project_id=151821 project_image_fid=368352]

Blake Schulze, National Director – Residential at <a href="https://www.apartments.com.au/project-marketer/colliers">Colliers</a>, says around 44 per cent of buyers are&nbsp;owner occupiers, with 35 per cent being investors and 21 per cent first homebuyers.

“Developments of this calibre are very rare in the Hills District, and Lily Lane’s sales success demonstrates the depth of demand for over-sized apartments that genuinely compete with freestanding homes," Schulze says.

"We are seeing particular demand from downsizers who want to remain in the area but transition into spacious, high-quality apartment living."

On the penthouse sale, it says it shows buyers&nbsp;are prepared to pay a premium for scale, quality, and direct access to the Metro.

[smartcode_project:default project_id=151821 project_image_fid=368351]

One-bedroom apartments are sized from 50-72 sqm with prices starting at $745,000, while two-bedrooms are priced from $990,000 with sizes from 75 to 132 square metres. Three-bedroom floorplans are sized between 97 and 182 sqm,, with prices starting at $1,395,000.&nbsp;

The three remaining penthouses, spanning up to 262 sqm, are priced from $2.9 million.

Over 75 per cent of apartments include dedicated studies, multipurpose rooms or family rooms, with select layouts offering walk-in pantries and laundries. Apartments are appointed with premium Miele appliances including ovens, washing machines, dryers, gas cooktops and dishwashers, while larger residences also incorporate integrated Miele microwaves, Fisher &amp; Paykel integrated refrigerators and five-burner Miele cooktops.

[smartcode_project:default project_id=151821 project_image_fid=360285]

Lily Lane will be constructed by award-winning iCIRT-rated builder <a href="https://www.apartments.com.au/builders/decode">Decode Group</a>, with construction to commence in mid-2026 and expected to complete early 2029.

Carrington Place comprises more than 800 apartments and is being delivered across multiple stages, with completion expected in 2032. Integrated with neighbouring bushland, the project will feature over 20,000 sq, of outdoor recreational area, including a one-kilometre boardwalk to Fred Caterson Reserve.&nbsp;

The Hills Showground Metro Station is just a two-minute walk away, offering fast connectivity to Sydney’s CBD, North Sydney, Chatswood, Macquarie Park and Norwest Business Park.

[smartcode_project_cta:default project_id=151821]

Ellipse sets Castle Hill apartment record with $5.75 million Lily Lane penthouse sale

Fresh off completing its Delano Crows Nest development, Lindsay Bennelong has lodged plans for its next project, this time turning its attention back to the beach.

The developer, started 20 years ago by Clarendon Homes founder Peter Campbell, is proposing a 37-apartment scheme at <a href="https://www.apartments.com.au/new-apartments/17-25-ashburner-street-manly-nsw-2095">17-25 Ashburner Street</a>, Manly, positioned between the southern end of <a href="https://www.apartments.com.au/developments/manly-nsw-2095">Manly</a> Beach and East Manly Cove.

Lindsay Bennelong called on local architecture firm Platform Architects to design the new building, given their success at Finn, Lindsay Bennelong's current luxury apartment project on North Steyne.&nbsp;

According to the Design Verification Statement by Bridie Gough of Platform Architects, the proposal “relates to the current context but also the desired future character of taller buildings suitable to the new planning controls.”

The site has been identified as a Low to Mid-Rise Housing (LMR) location, given its position within 400 metres of the Manly Town Centre E1 Business Zone. The LMR controls are intended to unlock additional housing supply in well-located areas close to public transport, allowing developers to seek increased height limits to support greater density.

“The proposal seeks to provide this increased level of housing whilst being respectful of some of the smaller scale buildings also nearby,” the statement reads.

Lindsay Bennelong Development Director Leigh Manser said the project has been carefully aligned with the intent of the LMR controls. The proposal will significantly increase housing yield on the site, replacing four houses and 10 apartments, comprising 25 bedrooms, with 37 new apartments delivering a total of 94 bedrooms, whilst remaining compliant with the LMR controls.

“Sydney is in a severe undersupply, and delivering more dwellings and more bedrooms than what currently exists is exactly what the LMR policy is designed to activate,” Manser said, noting that nine of the apartments will be allocated as affordable housing for frontline workers.

“We have already commenced discussions with our community housing provider to determine the rental levels that frontline workers can realistically afford in this location,” he said. “These will need to sit well below the standard affordable housing benchmark of 20 per cent below market rent, and that has been factored into our feasibility and pricing.”

<img alt="Manly" data-entity-type="file" data-entity-uuid="ad03000f-19f9-48b4-b27d-e85ca800a1da" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-04-30%20at%208.41.59%E2%80%AFAM.png?VersionId=a.txHwCZgbCInlQ6QXbIrI.umvW1T.r8" />

The design of the building incorporates a wave-like indentation running through the façade, referencing the nearby coastline and anchoring the building within its local context.

The&nbsp;Design Verification Statement says careful consideration has been given to the articulation of the building, ensuring the bulk is broken down to a more human scale through a defined four-storey podium."

The scheme includes a mix of one-, two- and three-bedroom apartments, as well as a full-time building manager's office and wellness facilities including a sauna and a gym.

“The design ensures a high level of amenity, with apartments offering generous private open space, many with expansive views, and all with comfortable proportions."

<img alt="Bennelong" data-entity-type="file" data-entity-uuid="6a7f2812-72a1-4959-84b0-997e8cd88aed" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-04-30%20at%2010.15.50%E2%80%AFAM.png?VersionId=6iMxU3MkXmHVHAoNhYBjnqgka8CUZNbk" />

<a href="https://www.apartments.com.au/developers/lindsay-bennelong-developments">Lindsay Bennelong</a>&nbsp;is currently developing Finn Manly, just four full-floor luxury apartments on North Steyne. They recently welcomed residents to its 81-unit Delano Crows Nest development, a&nbsp;carefully scaled infill project designed to bridge&nbsp;<a href="https://www.apartments.com.au/developments/crows-nest-nsw-2065">Crows Nest</a>’s lively village centre with its surrounding heritage streets.

Designed by&nbsp;<a href="https://www.apartments.com.au/architects/ajc-architects">AJC Architects</a>,&nbsp;<a href="https://www.apartments.com.au/new-apartments/delano-crows-nest-27-57-falcon-street-crows-nest-nsw-2065">Delano</a>&nbsp;is arranged across three low-rise buildings, incorporating a mix of one, two, and three-bedroom apartments alongside a limited number of townhomes addressing Hayberry Lane. The architectural approach drew on the area’s Art Deco lineage, reinterpreted through contemporary detailing and framed by landscaped communal gardens.

The developer also has a development site in Maroubra.

First look: Lindsay Bennelong's new Manly apartment development revealed

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?

New apartments in the affordable end of the market are few and far between in Brisbane, and have been for quite some time.

While apartment values continue to rise month on month, it's the luxury end of the market in the off the plan space which is dominating in both supply and sales metrics.

The good news is the Brisbane market is incredibly strong. The median value of units has risen to $587,000, and, if the trends continue, will overtake Melbourne's median unit value by the end of the year.

Both trends in the data, as well as developers and agents on the ground, suggest there's not going to be a slowdown of growth in Brisbane anytime soon.

What has made the market problematic for prospective off the plan buyers is the volume of higher-density projects, which tend to offer more affordable options than boutique riverfront buildings. They've been few and far between, given the availability of builders and construction costs. Smaller, higher-end buildings cost less to build and take a shorter amount of time, and the prices in them make the whole development more feasible financially.

Amid a limited market for the entry-level buyer, we've cast our eye over the whole of Brisbane and wrapped up the best apartment developments in Brisbane that have apartments under the $1 million mark.

<h2>Project: Ruby Ruby</h2>

<h2>Location: 12 Crombie Street, Milton QLD 4064</h2>

<h2>Developer: Kokoda Property</h2>

<h2>Price: From $799,000</h2>

Award-winning national developer <a href="/developers/kokoda-property">Kokoda Property</a>'s third <a href="/new-apartments/brisbane-qld">Brisbane</a> apartment development, <a href="/new-apartments/ruby-ruby-milton-12-crombie-street-milton">Ruby Ruby</a>, in <a href="/developments/milton-qld-4064">Milton</a>, offers 145 two and three-bedroom apartments, ranging in size from 65 sqm to 155 sqm. The two-bedroom units are priced starting at $799,000.

All units boast open living areas extending to balconies, kitchens well-equipped with Miele or Bosch appliances, contemporary bathrooms, and walk-in robes in master suites.

Cottee Parker Principal (Interiors), Dee Passenger, said that the internal material palette echoes a similar design language that takes inspiration from Milton’s history.

[smartcode_project:default project_id=139032 project_image_fid=232277]

“Internally, we’ve blended organic feature joinery, flowing curves, textural transparent features and weaving forms to create a captivating, luxury living experience,” Passenger said.

Now a staple of Kokoda's, Kokoda Property Founder and Managing Director Mark Stevens said the team has also carefully considered the inclusion of extra, premium amenities.

“Ruby Ruby is packed with an incredible range of extensive amenities that offer buyers an elevated luxury apartment living experience in Brisbane,” Stevens said.

[smartcode_project:default project_id=139032 project_image_fid=232307]

The 21-level building will feature a wellness rooftop with a wet-edge swimming pool that spans the full width of the building, as well as several cabanas, day beds, a firepit area, barbecues and alfresco spaces, and a private dining and bar area. Completing the fitness component of the rooftop is a health and wellness space with a gym, infrared sauna, spa, plunge pool and yoga studio.&nbsp;

Kokoda is also catering for the working-from-home trend with several meeting rooms on the ground level, while the podium will house a private dining and lounge area, a cinema room, and a billiards room.

<h2>Project: Estilo on the Park</h2>

<h2>Location: 75-81 Kittyhawk Drive, Chermside QLD 4032</h2>

<h2>Developer: Gardner Vaughan Group</h2>

<h2>Prices: From $869,000</h2>

Veteran builder developer Gardner Vaughan Group's parkside <a href="/developments/chermside-qld-4032">Chermside</a> development,&nbsp;<a href="/new-apartments/estilo-on-the-park-chermside-81-kittyhawk-drive-chermside">Estilo on the Park</a>.

The project, which has two-bedroom apartments starting at $869,000, will put residents on the fringe of 73-hectare Seventh Brigade Park and opposite one of the largest Westfield shopping centres in the southern hemisphere once completed.

[smartcode_project:default project_id=100682 project_image_fid=250594]

<a href="/new-apartments/estilo-on-the-park-chermside-81-kittyhawk-drive-chermside">Estilo on the Park</a>&nbsp;is a three-tower apartment development with towers one and two, Lujosa and Belleza, all but sold out, while the <a href="/news/qld/gardner-vaughan-launch-final-release-at-chermsides-estilo-on-the-park-as-completion-nears">final stage of the project</a>, Escencia, has a limited selection of its 50 apartments remaining.

There are two, three and four-bedroom apartments on offer in Esencia, with prices starting from just over $800,000.

Apartments at Esencia will sit above four commercial tenancies.

[smartcode_project:default project_id=100682 project_image_fid=186903]

Each apartment features open-plan living spaces extending to large entertainer's balconies, kitchens fitted with integrated European appliances and stone benchtops, and large master suites with walk-in wardrobes and en suites.

Residents will also have access to a rooftop terrace with indoor and outdoor dining, in addition to several relaxation zones, a central outdoor pool, and landscaped gardens.

<h2>Project: Stonebrook</h2>

<h2>Location: 10 Flora Street, Stones Corner QLD 4120</h2>

<h2>Developer: Gardner Vaughan Group</h2>

<h2>Price: From $1,069,000</h2>

Despite prices for their apartments now at just over $1 million due to the success of selling all the one-bedroom apartments and the entry-level two-bedroom units, Gardner Vaughan's <a href="/new-apartments/stonebrook-stones-corner-10-flora-street-stones-corner">Stonebrook</a> project in&nbsp;<a href="/developments/stones-corner-qld-4120">Stones Corner</a>&nbsp;still&nbsp;deserves a place on the list.

That's because the price of $1,069,000 is for their large two-bedroom apartments, with an additional multi-purpose room.

On track for completion later this year, Stonebrook, on the fringe of Hanlon Park, comprises 90&nbsp;one, two, three and four-bedroom units as well as a gym,&nbsp;heated pool, and a communal rooftop terrace overlooking park views.

[smartcode_project:default project_id=114094 project_image_fid=249477]

Stonebrook is also proud UDIA-certified EnviroDevelopment.

The development is just five kilometres from the Brisbane CBD via the Buranda Train &amp; Busways and moments from the first-class restaurants at Logan Rd.&nbsp;

<h2>Project: 443 Queen</h2>

<h2>Location: 443 Queen Street, Brisbane QLD 4000</h2>

<h2>Developer: Cbus Property</h2>

<h2>Prices: From $850,000</h2>

Developed and recently completed by Australia’s most awarded and trusted national property investors and developers <a href="/developers/cbus-property">Cbus Property</a> is Brisbane's new riverside landmark, 443 Queen.

<a href="/buildings/443-queen-street-brisbane-443-queen-street-brisbane">443 Queen</a> offers 264 apartments with a mix of one, two, three and four-bedroom floor plans. Now the final opportunity to buy in the building has presented itself, with just a handful of apartments recently hitting the market.

The one-bedroom apartments start from $850,000.

[smartcode_project:default project_id=6226 project_image_fid=37090]

Designed by the internationally acclaimed architectural firms <a href="/architects/woha">WOHA</a> and <a href="/architects/architectus">Architectus</a>, the residences are afforded unprecedented views of the Brisbane River, Story Bridge, and <a href="/developments/kangaroo-point-qld-4169">Kangaroo Point</a>.

The emphasis on sustainable and energy-efficient design sets 443 Queen St apart as a world-class development.&nbsp;

Residents will also benefit from a full-floor recreation deck, complete with a 25-metre riverside infinity pool, a state-of-the-art gym, dining room, and cabana lounges.&nbsp;

Both trends in the data, as well as developers and agents on the ground, suggest there's not going to be a slowdown of growth in Brisbane anytime soon.

Brisbane's best off the plan apartments under $1 million selling in 2024

Brisbane's price per square metre record has been broken at the two-level penthouse atop Kangaroo Point's newest luxury apartment development, Sorano House.

The $14 million sale, to a local, represents an internal price per sqm of over $45,000, bettering the former record at&nbsp;<a href="/new-apartments/moray-house-65-moray-street-new-farm">Moray House</a>&nbsp;by&nbsp;<a href="/developers/spyre-group">Spyre Group</a>&nbsp;in <a href="/new-apartments/new-farm-qld-4005">New Farm</a>, which set the record at $35,000 per sqm late last year.

The two-level penthouse, with 311 sqm of internal living space, a 39 sqm balcony and a 333 sqm rooftop, is one of just seven apartments in the Hamilton Street development by&nbsp;<a href="/developers/trezetto-developments">Trezetto Development</a>.

<img alt="Sorana House" data-entity-type="file" data-entity-uuid="db8ce2d3-d295-443d-aed0-c6c23915d33b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-04-10%20at%202.04.36%20pm.png?VersionId=5LtUU6wja5zAqqHBFqkw.S8PneJY.6t7" />

Boasting 180-degree views of the Brisbane River and city skyline, the penthouse features four bedrooms, 5.5 bathrooms, multiple living areas, four-car accommodations and boasts approximately 70 metres of lineal frontage over two levels.

The penthouse’s private rooftop terrace occupies the top floor of the development and homes a private pool, spa, sauna, outdoor dining and firepit.&nbsp;

<img alt="Sorano House" data-entity-type="file" data-entity-uuid="18545e81-92bb-4745-ac4a-38f4265d64fd" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-04-10%20at%202.04.40%20pm.png?VersionId=crbTdKNK1339akHFdYwmthIr2ytcAuvi" />

Other features include a grand 5.5-metre kitchen island bench, a suite of Wolf, Sub Zero, and V-Zug appliances, and a travertine-clad lift lobby.&nbsp;

Trezetto Developments Managing Director, Sam Sgroi, said the unprecedented sale represented a “new age” of Brisbane’s luxury property market.&nbsp;

“The sale of the Sorano House Penthouse is a testament to the maturity of the prestige market in Brisbane and the value buyers are seeing in A-Grade locations which will never be repeated,"&nbsp;Sgroi says.

[smartcode_project:default project_id=6206 project_image_fid=231551]

<a href="/project-marketer/ypm-group">YPM Group</a>’s Project Sales Director, Phillip Rand - who sold the penthouse - said the purchaser had been looking to secure something unique, private and irreplaceable along the riverfront and had been searching for almost two years for the right property.&nbsp;

“The <a href="/new-apartments/sorano-house-kangaroo-point-12-hamilton-street-kangaroo-point">Sorano House</a>&nbsp;penthouse sale sets a new benchmark for new development in Brisbane,” Rand said.

“This record internal sales rate has not been seen before in the <a href="/new-apartments/brisbane-qld">Brisbane</a> market and is the kind of value akin to some of Sydney's premier and established waterfront suburbs.&nbsp;

"This sale will pave the way as a new benchmark for Brisbane's ultra-luxury market.”&nbsp;

[smartcode_project:default project_id=6206 project_image_fid=227100]

Sorano House occupies one of the last remaining riverfront addresses in the coveted and tightly held <a href="/developments/kangaroo-point-qld-4169">Kangaroo Point</a> peninsula.

The project officially went to market in October 2023 with great success, announcing four of the six whole-floor residences had sold, with an average price of $8.6 million, in the first 10 weeks of the campaign.

YPM Group Director, Bryce O’Connor said the successful sales campaign and record penthouse sale at Sorano House demonstrates that a shortage of quality product in premium locations will continue to drive Brisbane’s luxury market - and that construction security continues to be of utmost importance to purchasers.”&nbsp;

“We are excited to see Kangaroo Point progress as one of Brisbane’s most premium residential suburbs, setting record-breaking results usually reserved for projects in New Farm or <a href="/new-apartments/teneriffe-qld-4005">Teneriffe</a>," O'Connor said.

&nbsp;

Construction is well underway on site at Sorano House, with expected completion in early 2025. Sorano House is now 70% sold, with just two apartments remaining from $7.75 million.

[smartcode_project_cta:default project_id=6206]

Construction is well underway on site at Sorano House, with expected completion in early 2025

Sorano House, Kangaroo Point penthouse breaks Brisbane record

The forever busy Gold Coast apartment developer, Marquee Development Partners, has secured a sellout of its luxury Kirra project Monterey, and in the same breathe they've launched another.

<a href="/new-apartments/monterey-kirra-beach-4-6-musgrave-street-coolangatta-qld-4225">Monterey</a>, at 4-6 Musgrave Street, the dress circle address offering gun-barrel views over the beach, is Marquee's 10th development on the <a href="/new-apartments/gold-coast-qld">Gold Coast</a>, which will be closely followed by the recently launched <a href="/new-apartments/la-belle-palm-beach-332-the-esplanade-palm-beach">La Belle</a>.

Monterey garnered significant interest from a diverse pool of buyers, including local, interstate, and international individuals due to its prime location and unique offering, a chance to buy a primary residence, holiday retreat, or investment property on one of the last beachfront sites in <a href="/new-apartments/kirra-beach-qld-4225">Kirra</a>.

The project offered 35 three and four-bedroom apartments across its 14 levels and 45 metres of north-facing beach frontage, creating almost unrepeatable views north and south from&nbsp;Snapper Rocks and the Kirra Headland to the <a href="/new-apartments/surfers-paradise-qld-4217">Surfers Paradise</a> skyline.

[smartcode_project:default project_id=112210 project_image_fid=198839]

Monterey was designed by the <a href="/new-apartments/brisbane-qld">Brisbane</a>-based <a href="/architects/ellivo-architects">Ellivo Architects</a> to replace an ageing apartment block of 15 which has been on the 1,163 sqm site for over five decades.

As with every Marquee community, residents will have exclusive access to a curated selection of resort-style amenities, with Monterey taking inspiration from Mykonos and the Greek Islands.

The ground floor of Monterey will feature a heated swimming pool oasis accompanied by poolside cabanas, an outdoor spa, and a European-style sauna, as well as an outdoor beach shower and surfboard wash station. A gym with a yoga lawn, and a resident bar with a billiards lounge, will sit on the floor above.

Construction is well advanced at Monterey, which is expected to complete later this year.

[smartcode_project:default project_id=112210 project_image_fid=198833]

<a href="/developers/marquee">Marquee</a> has just launched its latest project in Palm Beach. La Belle, 74 three, four, and five-bedroom apartments, also with ultra-wide aspects and sweeping north and south views.

Each apartment features sliding doors connecting the living and kitchen areas to indoor-outdoor living spaces.

The kitchens are equipped with top-of-the-range Gaggenau appliances and feature walk-in butler's pantries, as well as dry bars between the kitchen and dining areas.

Residents of La Belle will also have access to two levels of amenities including an outdoor heated pool and spa and a wellness centre with a gym offering pilates and barre/yoga, stretching rooms, a Nordic Sauna, an indoor hot spa, and cold plunges. There will be multiple teppanyaki dining bars, as well as, like Monterey, a residents lounge with a billiards room.

[smartcode_project_cta:default project_id=102340]

&nbsp;

&nbsp;

Marquee sell out Monterey at Kirra Beach, launch in Palm Beach

Brisbane townhouse developer Tocu Properties is switching it up in West End.

Tocu, who has been developing townhouses across Brisbane's inner-ring suburbs, is moving into the apartment market. They've had&nbsp;<a href="/architects/woods-bagot">Woods Bagot</a> draw up plans for a seven-level apartment development on the corner of Beesley and Filmer streets.

Tocu secured the six-lot amalgamation, totalling 1,648 sqm at 28 Beesley Street, in mid-2022. It was marketed as one of the last remaining infill development sites within the highly sought-after West End precinct.

<img alt="Tocu" data-entity-type="file" data-entity-uuid="9f2631ab-d7b6-4258-9e72-e303e2fccd31" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-04-08%20at%202.55.00%20pm.png?VersionId=kmmVDJLDjORu2KAAqTiHkM1FwIhGBEPp" />

The proposal is for 42 two and three-bedroom apartments, 30 of which will have an additional multi-purpose room.

Crowning the building will be a 656 sqm rooftop amenity level with an infinity edge pool, hot and cold plunge pools, and open lawn and barbecue areas with views over Brisbane.

The Planning Report by Saunders Havill Group said the project represents an exciting opportunity to enhance the residential offerings in the vibrant <a href="/developments/west-end-qld-4101">West End</a> community, combining luxury living with the convenience of urban life.

"This development aims to cater to the growing demand for residential accommodation in the area, whilst providing a modern and comfortable living environment to suit the needs of its occupants and the community."

There will be 56 resident parking spaces, so every apartment has at least one parking space, and a further three visitor spaces.

<img alt="Tocu" data-entity-type="file" data-entity-uuid="2cc48d08-085a-48fb-a223-0db08cf3058b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-04-08%20at%202.57.20%20pm.png?VersionId=IG2lY_h_89Xdgx5YbKmnbrMUeHvhecfG" />

Tocu, led by developer Thomas Gray, has created several townhouse developments across Brisbane.

They were behind Fulcher Lane in Red Hill, completed a few years ago, while they are now working on&nbsp;The Archer Residences in Sherwood, 38 three and four-bedroom homes and townhouses at 60 Railway Terrace.

First look: Tocu Properties file West End apartment plans

Much like neighbouring Brisbane, the Gold Coast unit market won't be slowed down.

Following similar supply demand metrics to the Queensland capital, the Gold Coast unit market posted another strong gain in March, according to property data analytics firm CoreLogic.

CoreLogic's Monthly Home Value Index showed Gold Coast units, which incorporate both townhouses and apartments, rose in value by 1.1 per cent over March to be 2.8 per cent up in 2024.

The median value of units on the Gold Coast is now at $749,000, higher than both <a href="/new-apartments/brisbane-qld">Brisbane</a>&nbsp;($587,000) and <a href="/new-apartments/melbourne-vic">Melbourne</a>&nbsp;($612,000).

<h2>What happened in Gold Coast’s off the plan apartment market in March?</h2>

Data from <a href="/project-marketer/colliers">Colliers</a> released in March showed the average price for new <a href="/new-apartments/gold-coast-qld">Gold Coast</a> apartments has reached $1.6 million for the first time, indicating a significant increase from previous quarters.

While the number of new apartment sales in the December quarter was relatively low compared to previous years, the average price per apartment saw a notable increase.

Owner-occupiers accounted for 55 per cent of the sales in the quarter, reflecting a resurgence in this segment of buyers.&nbsp;

Read more:&nbsp;<a href="/news/qld/gold-coast-apartment-prices-hit-record-highs">Gold Coast apartment prices hit record highs</a>

March also saw developer <a href="/developers/aniko-group">Aniko Group</a>&nbsp;refine the masterplan for its flagship $2 billion mixed-use development, <a href="/new-apartments/the-landmark-mermaid-beach-14-seaview-avenue-mermaid-beach-qld-4218">The Landmark</a> at <a href="/new-apartments/mermaid-beach-qld-4218">Mermaid Beach</a>.

They want to accommodate the "escalating demand for affordable luxury living in the beachside suburb by trying to target the rightsizing demographic."

They say it's a segment of the market that has been overlooked by developers in the Gold Coast’s prime beachside suburbs in recent years.

<img alt="The Landmark Mermaid Beach" data-entity-type="file" data-entity-uuid="3e2ec66f-8958-4880-a60f-0dbc7d8da751" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Aniko%20Group%20The%20Landmark.png?VersionId=P0x49dGyCKGGigo_mGX_Qa_MHL50t5Rv" />

The amended development application seeks to increase the height of Tower 1 from 30 to 35 storeys, accommodating 240 apartments, up from the 170 currently approved, bringing the entire masterplan to a total of 891 apartments.&nbsp;

Last month also saw a record sale at&nbsp;<a href="/new-apartments/holm-rainbow-bay-44-50-eden-avenue-coolangatta">Holm Rainbow Bay</a>&nbsp;by <a href="/developers/chapter-two">Chapter Two Group</a>. They sold a two-level penthouse for $4.5 million to a Sydney buyer.

[smartcode_project:default project_id=109905 project_image_fid=209083]

Chapter Two Director Jon Quayle believed this transaction is the highest square metre rate achieved for a non-waterfront or front-row apartment in the sought-after enclave. The 246 sqm apartment represented an internal price per sqm of $24,590.

The penthouse will feature three bedrooms, two decks, and a rooftop terrace with outdoor dining and a spa.

Read more:&nbsp;<a href="/news/qld/rainbow-bay-penthouse-sold-for-record-price-per-sqm">Rainbow Bay penthouse sold for record price per sqm</a>

One of the northern Gold Coast’s most prolific developers, <a href="/developers/lewis-land-group">Lewis Land</a>, has fast-tracked the release of the first home collections within its <a href="/new-apartments/harbour-shores-biggera-waters-564-oxley-drive-biggera-waters">Harbour Shores</a> master-planned community in an attempt to meet the soaring demand in the <a href="/new-apartments/runaway-bay-qld-4216">Runaway Bay</a> catchment, one of the most undersupplied markets on the Gold Coast.

[smartcode_project:default project_id=113271 project_image_fid=214288]

Lewis Land Chief Executive Office Brett Draffen said Harbour Shores would deliver more than 2,000 dwellings to the Runaway Bay catchment over the next decade.

“The first residential releases at Harbour Shores will be launched on 15 April and includes a collection of waterfront villa residences, two mid-rise residential apartment buildings, and early delivery of the large community park,” Draffen said.&nbsp;

Read more:&nbsp;<a href="/news/qld/lewis-land-to-launch-harbour-shores-first-house-release-in-undersupplied-runaway-bay-catchment-area">Lewis Land to launch Harbour Shores first house release in undersupplied Runaway Bay catchment area</a>

&nbsp;

There were two new Gold Coast apartment developments that launched in March, targeting the luxury end of the market.

Family-owned builder developer Xsite Group has revived its plans for its recently launched luxury beachfront apartment tower, <a href="/new-apartments/arc-residences-northcliffe">Arc Residences</a>, on Surfers Paradise's most sought-after beachfront strip.

[smartcode_project:default project_id=111652 project_image_fid=257249]

The 25-level <a href="/architects/mpa-architects">Mosca Pserras Architects</a>-designed building will home 39 high-end half and full-floor three and four-bedroom apartments overlooking the popular Northcliffe Beach, which start from just shy of $4 million.&nbsp;

Two levels in the building have been reserved solely for resident amenities such as a beachfront pool, private dining facilities, work-from-home office space, a cinema room, designated dog wash, and a wellness hub with a gym, sauna and treatment room.

Developer&nbsp;<a href="/developers/ature-group">Ature Group</a>&nbsp;also launched their first&nbsp;Gold Coast high-rise tower,&nbsp;<a href="/new-apartments/sola-158-surf-parade-broadbeach">Sola</a>&nbsp;in Broadbeach. That will comprise just 20 full-floor apartments starting from $2.75 million.

Each 219 sqm apartment, which has private direct lift access, has three bedrooms, with the option to customise the space with the ability to add a fourth bedroom, office retreat or even a wine room.

[smartcode_project:default project_id=108324 project_image_fid=228359]

Building work got underway at&nbsp;<a href="/new-apartments/perspective-nexus">Perspective Nexus</a>, the new Palm Beach apartment development by&nbsp;<a href="/developers/sherpa-property-group">Sherpa</a>&nbsp;.

<a href="/builders/lps-group">LPS Group</a> will be constructing the new&nbsp;nine-level project will deliver a collection of 32 apartments, including two half-floor penthouses and three sky homes with private rooftops.

The construction start comes on the heels of Perspective Nexus achieving sales of over 50 per cent of apartments worth a total of $65 million, with Gold Coast locals having driven the majority of sales.

What happened in Gold Coast’s off the plan apartment market in March?

City Beat April 2024: Gold Coast unit market continues to outperform East Coast capital cities

Gardner Vaughan Group have been at the forefront of apartment development in South East Queensland since it was founded in 1989.

In the last 35 years, the company has grown from a building and design company to a fully-fledged builder-developer.

They're currently selling four projects across both Brisbane and the Sunshine Coast, while they have future projects coming up in Redcliffe&nbsp;and <a href="/new-apartments/nundah-qld-4012">Nundah</a>.

With everything going on at <a href="/developers/gardner-vaughan-group">Gardner Vaughan</a> at the moment, we recently caught up with Gardner Vaughan Director Sam Gardner to talk about what they're up to.

<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/SUzKsDG7L6I?si=tBabPbXIL4jV2iSL" title="YouTube video player" width="560"></iframe>

Gardner Vaughan has moved from around 20 to 50 apartments per development to around 90 to 120 per stage.

"A lot of that comes down to the control of having input into every single facet of development," Gardner says, adding that they brought development in house about a decade ago.

"We know that being a builder developer in Queensland at the moment gives us an advantage. It's an interesting environment that we find ourselves in, but it's an environment conducive to builder developers."

Gardner says it's important to build a level of trust with buyers in the off the plan market.

"One of the biggest hesitations of our buyers buying off the plan is that trust, and one of the ways you can improve this trust is by showing a track record and your experience, but it's really taking the buyers and everyone else involved through the process of showing them what we're thinking, showing them how these developments have been designed, showing them how we've had the end user in mind."&nbsp;

Gardner Vaughan has recently released the final stage of their <a href="/new-apartments/chermside-qld-4032">Chermside</a>&nbsp;apartment development, <a href="/new-apartments/estilo-on-the-park-chermside-81-kittyhawk-drive-chermside">Estilo on the Park</a>, on the doorstep of Seventh Brigade Park. They're also parkside in <a href="/new-apartments/stones-corner-qld-4120">Stones Corner</a> where they are developing <a href="/new-apartments/stonebrook-stones-corner-10-flora-street-stones-corner">Stonebrook</a>, 90 apartments on Hanlon Park, voted Australia's best park in 2023.

A further two of GVG's current projects are up on the Sunshine Coast. <a href="/new-townhouses/bokarina-beach-homes-bokarina-boulevard-bokarina">Zinc</a> in <a href="/new-apartments/bokarina-qld-4575">Bokarina</a> has almost completed construction and has just one apartment left to sell, while <a href="/new-apartments/bask-bokarina-38-bokarina-boulevard-bokarina">Bask</a>, a few doors down, will start construction once Zinc has completed.

To find out more information about Gardner Vaughan, visit their <a href="/developers/gardner-vaughan-group">Urban Profile</a>.

Gardner Vaughan has moved from around 20 to 50 apartments per development to around 90 to 120 per stage as a builder developer

Michael Bird

How Gardner Vaughan is creating trust as a builder developer in South East Queensland: Five minutes with Gardner Vaughan Group Director Sam Gardner

Brisbane developer and townhouse community specialists Azure has sold out Willow by Azure, its most recent townhouse development in North Lakes.

The 76 terrace-style residences in&nbsp;<a href="/new-apartments/north-lakes-qld-4509">North Lakes</a>&nbsp;in the Moreton Bay Region of Brisbane, have all been snapped up well before construction completion, expected in the second quarter of 2025 under Azure's construction arm <a href="/developers/azure">Azure</a> Build.

Willow by Azure comprises three-bedroom and four-bedroom townhomes tailored for families and residents of all types, located in a gated community within the thriving masterplanned city of North Lakes.

<img alt="Willow by Azure Sold - Living" data-entity-type="file" data-entity-uuid="a9a8d326-0e3e-4e8b-a6e5-5ed5432bf957" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Willow%20by%20Azure%20Living.png?VersionId=8DKBc7rhRgiHllYP_cudZc9ul64T1OuW" />

Each townhouse is characterised by expansive living spaces and ample natural light, accentuated by high-quality finishes and premium materials.

Central to the Willow by Azure's appeal is its array of communal amenities, including a 20-metre pool, yoga lawn, and various lounging zones, all aimed at providing residents with a resort-style living experience.

<img alt="Willow by Azure Sold - Pool" data-entity-type="file" data-entity-uuid="33b0c174-73e9-4264-ab38-affa73cae65d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Willow%20by%20Azure%20Pool.png?VersionId=bPVFzndjQxmc5_jcLoR2SQ_pUVPsnUnu" />

Willow by Azure has 70 per cent of its civil stormwater infrastructure already installed and has reached 65 per cent completion on the retaining walls.

Upcoming plans for the development include the installation of underground electrical systems.

Azure recently <a href="/news/qld/azure-plans-230-townhomes-at-new-rothwell-moreton-bay-site">grabbed a Rothwell site</a>, also in the Moreton Bay Region, where they're planning a 230-home community.

Each townhouse is characterised by expansive living spaces and ample natural light, accentuated by high-quality finishes and premium materials

Azure sell out Willow by Azure townhouse community in North Lakes

Brisbane's unit market will not slow down.

CoreLogic's Monthly Hedonic Index showed growth in the apartment and townhouse market across the Queensland capital outstripped houses again, with value gains of 1.5 per cent in March.

The median unit value in&nbsp;<a href="/developments/brisbane-qld">Brisbane</a> is now at $587,000, continuing to close the gap on Melbourne, whose median unit value is $612,000.

Brisbane unit values are now 4.1 per cent up over 2024, the second best performing capital behind Perth. Comparatively, Brisbane houses are up 2.8 per cent over the same period.

<h2>What happened in Brisbane’s off-the-plan apartment market in March?</h2>

While prices continue to boom across the unit sector, there's still little new movement in Brisbane's tightly held new apartment supply.

Charter Keck Cramer says the Brisbane market will be <a href="/news/qld/brisbane-market-to-be-chronically-undersupplied-for-next-two-to-three-years-charter-keck-cramer">chronically undersupplied for the next two to three years</a>.&nbsp;

Charter Keck Cramer's Metro Brisbane State of the Market H2 2023 found there were just 1,100 apartments launched in 2023, -76 per cent less than the decade average, while low completions are forecast for the next three years.

They did note that recently launched projects are achieving strong sales results.

"These are priced predominantly at the upper end of the market and targeted towards those who can accept the higher price points required to offset increased build costs," the report noted.

They said other local buyer segments remain priced out of the market or are disincentivised to buy given the uncertainty with interest rates and the significant upfront financial handbrake of stamp duty.

<a href="/architects/urbis">Urbis</a> also noted that the stock levels in Brisbane have shrunk toward five-year lows.&nbsp;

The Urbis Apartment Essentials Report showed there were 112 sales in Q4 2023 in Brisbane, with the lowly stock levels resulting in just 512 apartments available to buy.&nbsp;

Supply has been dwindling since Q1 2023 when there were nearly 1,400 apartments on the market with around 500 of those being sold.

In response to strong demand at the upper end of the market,&nbsp;<a href="/developers/sekisui-house-australia">Sekisui</a>&nbsp;launched the Opulent Release in their penultimate stage of their $1.2 billion West End master planned precinct, West Village.

The Opulent Release comprises just four and five-bedroom apartments toward the top of the towers of Uno and Duo, which together form the <a href="/new-apartments/the-allere-collection-west-village-mollison-street-west-end">Allere Collection</a>, which comprises two towers, Uno and Duo.&nbsp;

Read more:&nbsp;<a href="/news/qld/sekisui-release-final-apartments-in-west-villages-allere-collection">Sekisui release final apartments in West Village's Allere Collection</a>

[smartcode_project:default project_id=114215 project_image_fid=204872]

Uno and Duo, which are 95 per cent sold, will be the second to last buildings in the 2.6-hectare West Village precinct which Sekisui started developing in 2016.

The appeal of the Allere Collection spans a diverse demographic, attracting first-home buyers, pet owners, and both young and established families.&nbsp;

The prime location on Mollison Street, close to seven schools, further enhances its allure among families seeking convenient access to education hubs.

[smartcode_project:default project_id=114215 project_image_fid=204843]

The broader West Village precinct also showcases the heritage-listed former Peters Ice Cream Factories, a nod to the area's industrial heritage.&nbsp;

Upon completion, West Village will comprise 1,200 residences, accompanied by 20,000 sqm of commercial space, an 18,000 sqm retail precinct, and a one-hectare expanse of open parklands and heritage laneways.&nbsp;

[smartcode_project:default project_id=107029 project_image_fid=251119]

Elsewhere <a href="/developers/mosaic-property-group">Mosaic Property Group</a> sold out their <a href="/developments/toowong-qld-4066">Toowong</a> apartment development, <a href="/new-apartments/the-prescott-by-mosaic-toowong-24-28-lissner-street-toowong">The Prescott</a>, with all 100 apartments snapped up before its completion.

The Prescott is Mosaic’s third project in Toowong following the successful <a href="/new-apartments/the-patterson-by-mosaic-15-archer-street-toowong">The Patterson by Mosaic</a> and <a href="/buildings/kensington-by-mosaic-36-sylvan-road-toowong">Kensington by Mosaic</a>.

Mosaic partnered with <a href="/architects/dko-architecture">DKO</a>, their second collaboration following the rapid sellout of <a href="/buildings/the-mowbray-73-northcote-street-east-brisbane-qld-4169">The Mowbray</a> in <a href="/developments/east-brisbane-qld-4169">East Brisbane</a>. The architectural design incorporates cascading and climbing plants on each facade, creating green spines throughout The Prescott.

[smartcode_project:default project_id=107029 project_image_fid=251124]

Prospective residents of The Prescott can anticipate a lifestyle that takes advantage of Brisbane's subtropical climate with rooftop recreation spaces that include a pool, a gym with a yoga lawn, and multiple dining areas with panoramic views of the Brisbane River, Mount Coot-Tha, and the city skyline.

Mosaic's building arm, <a href="/builders/mosaic-construction">Mosaic Construction</a>, has already completed the ground-level and level-two concrete slab pour in the last two months.

Read more:&nbsp;<a href="/news/qld/how-mosaic-became-one-of-the-most-trusted-developers-in-south-east-queensland-five-minutes-with-brook-monahan">How Mosaic became one of the most trusted developers in South East Queensland: Five minutes with Brook Monahan</a>

What happened in Brisbane’s off the plan apartment market in March?

City Beat April 2024: Brisbane unit market outstrips house growth as boom continues

Brisbane developer Pikos Group is backing up its recently launched Skye Residences in Kangaroo Point with another project in the affluent suburb.

They've been given the green light by the Brisbane City Council for Gaia, two 15-level buildings at <a href="/new-apartments/gaia-kangaroo-point-108-lambert-street-kangaroo-point">108 Lambert Street</a> which will home 215 apartments as well as creating a full acre of inner-city parklands in the process.

Pikos Group founder and Executive Director Pedro Pikos said the vision for Gaia has been a decade in the making and follows the amalgamation of eight individual lots to create 5,284 sqm of pure river frontage.&nbsp;

“The opportunity to amalgamate such a large riverfront site at Kangaroo Point is unrepeatable,” Pikos said.&nbsp;

“Gaia will transform this rare waterfront site into an inner-city sanctuary that embraces its incredible &nbsp;connectivity to the river and the city, delivering two residential towers and the city’s largest private parkland along a secluded pocket of the Brisbane River.”&nbsp;

Designed by <a href="/architects/dko-architecture">DKO Architecture</a>, Gaia is the second project in Pikos Group’s luxury riverfront property portfolio and follows <a href="/new-apartments/skye-residences-kangaroo-point-8-river-terrace-kangaroo-point">Skye by Pikos</a>, currently under construction at River Terrace,&nbsp;<a href="/developments/kangaroo-point-qld-4169">Kangaroo Point</a>.&nbsp;

<img alt="Pikos Group gets green light for GAIA" data-entity-type="file" data-entity-uuid="c939c0c6-908f-4465-b09d-b6d406fa2308" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Gaia%20Kangaroo%20Point.png?VersionId=yYgN9DPSunixHg7LRSJsGLHqSjms5cCT" />

Pikos Group Chief Executive Officer Michelle Wooldridge said Gaia has been designed as a luxurious urban retreat designed to merge city living with riverside tranquillity.&nbsp;

“The name Gaia means ‘connected to earth,’ which perfectly encapsulates our vision for the site as a holistic residential and wellness precinct grounded in nature,” Wooldridge said.&nbsp;

“In revisiting the design to enhance its buildability, we uncovered the opportunity to open view corridors and create expansive green spaces.&nbsp;

“In doing so, we’ve created Brisbane’s largest private parkland community, with just shy of one acre of riverfront gardens and green spaces providing extensive amenity and connection to nature to all residents.&nbsp;

“The site itself is incredibly tranquil and embraces this quiet pocket of the river while enjoying excellent connectivity to the city. This will only improve once the city’s green bridges are complete.”&nbsp;

Wooldridge said both residential towers at Gaia have been oriented to capture sweeping views of the city and river, with all apartments featuring luxury internal finishes of natural stone, timber flooring and premium appliances.&nbsp;

Residents will have access to wellness&nbsp;amenities including a riverside pool and pool terrace, with hot and cold plunge pools, set amongst the landscaped gardens, as well as an indoor/outdoor gym, BBQ and outdoor dining, rooftop dining and garden workshop, yoga lawn and outdoor cinema, private dining room, and work-from-home lounge.&nbsp;

The River Tower includes a mix of three and four-bedroom apartments, some with a multi-purpose room, while the City Tower will have two and three-bedroom apartments with an additional multi-purpose room.

[smartcode_project_cta:default project_id=7684]

Pikos Group Chief Executive Officer Michelle Wooldridge said Gaia has been designed as a luxurious urban retreat designed to merge city living with riverside tranquillity

Pikos Group secures approval for Gaia Kangaroo Point apartments

The first residential development on The Spit in Main Beach is set to start its construction.

Tier one builder <a href="/builders/multiplex">Multiplex</a> will build the $300 million <a href="/new-apartments/the-mantaray-marina-residences-503-seaworld-drive-main-beach-queensland-4217">Mantaray Marina and Residence</a>&nbsp;which is being developed by Tim Gordon's&nbsp;<a href="/developers/gordon-corp">Gordon Corp</a>.

The project will home just 24 two, three, and four-bedroom apartments and villas designed by <a href="/architects/rothelowman">Rothelowman</a>.

[smartcode_project:default project_id=110018 project_image_fid=234908]

The project has already seen strong interest from local buyers, with two $12 million villas reportedly already sold to a <a href="/new-apartments/gold-coast-qld">Gold Coast</a> family during the pre-launch phase. Residences at The Mantaray start from $8.5 million, with penthouses priced at $14.4 million, targeting a discerning clientele seeking "access to a very private world."

The development boasts exclusive amenities, including a floating members-only lounge within the superyacht marina, a health and wellness club, a resort-style pool, and access to the private grounds of Rivermead Estate in the Gold Coast Hinterland.

[smartcode_project:default project_id=110018 project_image_fid=216339]

Mantaray Marina and Residence is also designed to achieve 'Platinum' Gold Anchor status for its 67-berth superyacht marina, offering long and short-term berth leasing, immediate ocean passage through the Gold Coast Seaway and year-round deep-water access, world-class marina operations, on-site security, and full-service concierge.

Additionally, the project's activated retail plaza will further enhance the area, creating a vibrant link between The Broadwater and the Pacific Ocean while providing access to top-tier restaurants and cafes.

The construction of Mantaray Marina and Residence is expected to generate over 200 jobs during its two-year construction phase.

[smartcode_project_cta:default project_id=110018]

The construction of Mantaray Marina and Residence is expected to generate over 200 jobs during its two-year construction phase

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