Australia’s housing debate has rarely been more urgent. The National Housing Supply and Affordability Council forecasts the country could fall around 262,000 homes short of housing needs by 2029, underscoring the scale of the challenge facing planners, governments and developers.

In response, much of the conversation has centred on high-density towers around transport corridors and strategic centres.

Diversified developer Coronation Property, while also focused on well-located, strategic sites, is incorporating an arguably underutilised typology, the terrace.

Difficult to integrate into true high-rise developments, terraces have become a defining feature of Coronation’s lower-rise portfolio, including projects in Ashbury and Erskineville. <a href="https://www.apartments.com.au/buildings/ashbury-terraces-165-171-milton-street-ashbury-nsw-2193">Ashbury Terraces</a> places a stronger emphasis on this housing type, forming part of a broader community mix.

At its Erskineville development, <a href="https://www.apartments.com.au/new-apartments/lillian-erskineville-9-metters-street-erskineville-nsw-2043">Lillian</a>, terraces are more limited, with just a handful&nbsp;included within the wider, predominantly apartment-led precinct, one of the first developments to launch in Erskineville in several years.

[smartcode_project:default project_id=135149 project_image_fid=368392]

Terrace residents at Lillian benefit from many of the same advantages as apartment owners, the lock-up-and-leave lifestyle and access to shared amenities like the rooftop wellness space, but with significantly more space.

Spanning multiple levels, the terraces also feature front and rear courtyards, providing direct access to the central landscaped gardens within the precinct.

<h3 data-end="212" data-section-id="1n97jye" data-start="191">The terrace model</h3>

Terrace housing has long been part of Australia’s urban fabric. From Paddington and Surry Hills to Glebe and Annandale, rows of terrace homes have shaped neighbourhood streets, offering a housing form that sits between detached houses and apartments.

The contemporary terrace, however, addresses many of the limitations of older designs, where narrow staircases and constrained layouts often compromised liveability.

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“Terraces represent one of the city’s most intelligent housing models,” says Joe Nahas, Managing Director of Coronation Property.

“They deliver density without losing the human scale that makes neighbourhoods liveable. In many ways, they provide a bridge between the Sydney we know and the Sydney we need to build. If Sydney is going to grow well, it can’t rely on towers alone.”

<hr data-end="1090" data-start="1087" />
<h3 data-end="1124" data-section-id="1a7l0gw" data-start="1092">The evolution of the terrace</h3>

That thinking has shaped Coronation’s approach at Ashbury Terraces, where the terrace typology has been reinterpreted for modern living.

Designed by SJB, the project recently received recognition at the 2026 Better Future World Design Awards, acknowledging its architectural clarity and response to the surrounding suburban context.

SJB Director Adam Haddow says the intent was to evolve a familiar housing form rather than reinvent it.

“The terrace is one of Sydney’s most familiar housing forms, so our approach at Ashbury was to reinterpret that typology in a contemporary way,” Haddow says.

“The homes are designed to sit comfortably within the existing neighbourhood while introducing more light, landscape and shared spaces that support modern living.”

Ashbury Terraces combines terraces, apartments and penthouses across a series of low-rise buildings, integrating contemporary architecture with landscaped communal spaces and resident amenity.

That same typology is now being carried into Coronation’s Lillian development in Erskineville, where a smaller number of terraces sit within a predominantly apartment-led precinct.

<hr data-end="2269" data-start="2266" />
<h3 data-end="2289" data-section-id="cazuws" data-start="2271">Buyer response</h3>

Coronation’s decision to include terraces at Lillian was informed by strong buyer feedback from Ashbury Terraces, where purchasers were drawn to the flexibility and scale the housing type offers.

One resident, Sweta Pursem, purchased a terrace as a single buyer, citing its long-term versatility.

“As a single buyer, it might seem surprising that I chose a terrace over an apartment, but I was thinking long term,” Pursem says.

“The terraces are incredibly versatile, catering to a range of lifestyles while still offering the space and privacy of a house.”

For Pursem, the multi-level layout provides a level of functionality not typically found in apartment living.

“Having a separate living area from the bedroom and home office makes everyday living feel both functional and comfortable. When friends and family come to visit, the layout gives a sense of privacy while still feeling open and spacious.”

Her terrace also supports a more connected, lifestyle-driven way of living.

“I love entertaining, and the courtyard is ideal for relaxed weekend drinks with friends. I tend to use each level differently throughout the day, it creates a natural rhythm between work, downtime and entertaining, which I didn’t have in apartment living.”

Ashbury Terraces is now complete and ready to move in, while Lillian in Erskineville is under construction and expected to welcome residents in mid-2027.

Joel Robinson

Coronation champions terraces as a key piece of Sydney’s housing mix

Private equity real estate firm Conquest has entered into a $220 million partnership with Woolworths’ development arm, Fabcot, to deliver its long-awaited Waterloo project on Bourke Street.

The Bourke Street development was first flagged by Fabcot back in 2021 as part of its push into Sydney’s residential market. However, progress has since stalled, with no activity on site amid a number of design revisions in consultation with the City of Sydney.

<a href="https://www.apartments.com.au/developers/conquest">Conquest</a>, which is actively planning more than $6 billion worth of new developments, predominantly mixed-use precincts, is now set to move the project forward.

The current plans include between 110 and 120 apartments across two buildings designed by Bates Smart at <a href="https://www.apartments.com.au/new-apartments/923-935-bourke-street-waterloo-nsw-2017">923 Bourke Street</a>. The scheme will incorporate a portion of apartments reserved for key workers, alongside premium commercial space at ground level, including a full-line Woolworths supermarket.

Construction is expected to commence in the second half of 2026.

Michael&nbsp;Akaawi, CEO of Conquest, said the partnership reflects the firm’s commitment to "convenience-led" urban renewal."

"We are preparing to commence construction in the second half of this year," Akaawi says.

"Along with Woolworths, we look forward to delivering the first major supermarket to the growing Waterloo community, integrated with premium new apartments and specialty retail shops. Our focus is on creating a seamless lifestyle hub where essential services are at the doorstep, saving residents time and enhancing their quality of life."&nbsp;

<img alt="Conquest" data-entity-type="file" data-entity-uuid="d8beee83-ef9b-446b-a3b3-1e2fe596512b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-01%20at%2011.08.46%E2%80%AFAM.png?VersionId=raYhGepiLUJfx4InLPRRJduA3ftDJ_kS" />

The news comes just a week after Conquest went to the NSW Government to upsize its plans for Castlecrag's Quadrangle Shopping Centre.

Conquest purchased the site for just shy of $70 million last year, with existing plans in place for a mixed-use residential and retail precinct comprising 38 luxury apartments.

Those plans have now been significantly expanded, with the developer lodging a State Significant Development Application with the NSW Government’s Housing Delivery Authority for 150 apartments across two 11-storey buildings. The apartments will sit above a four-storey podium, incorporating specialty retail tenancies and five levels of basement car parking, on the 5,166 sqm site at&nbsp;<a href="https://www.apartments.com.au/new-apartments/100-edinburgh-road-castlecrag-nsw-2068">100 Edinburgh Road</a>.

Conquest has been increasingly active in the development space in recent years. The group acquired the&nbsp;<a href="https://www.apartments.com.au/developments/eastlakes-nsw-2018">Eastlakes</a>&nbsp;Shopping Centre redevelopment, where it plans to deliver more than 1,000 apartments above a new retail precinct, and has also lodged a $900 million State Significant Development Application for a&nbsp;<a href="https://www.apartments.com.au/news/nsw/conquest-unveils-900m-stanmore-village-vision-for-landmark-inner-west-site">mixed-use precinct in Stanmore</a>.

Conquest partners with Woolworths to deliver mixed-use Waterloo project

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]

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

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?

<a href="/developments/surfers-paradise-qld-4217">Surfers Paradise</a>&nbsp;once again reigned supreme in InfoTrack's top 10 best selling apartment markets in Queensland.

The iconic tourist destination, toward to the northern end of the Gold Coast, was the most popular suburb throughout the year. It was the top performing in all four quarters.

<img alt="Top 10" data-entity-type="file" data-entity-uuid="686c7ec3-3b02-4df2-a3db-c2b143fcfd64" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-01-29%20at%204.55.21%20pm.png?VersionId=r08vop1kc7ft6cZG_mhsdhtc6UKns0Me" />

Surfers was the only Gold Coast locale in the top five Queensland suburbs, however the top 10 were split evenly between the Gold Coast and Brisbane.

&nbsp;

<a href="/developments/south-brisbane-qld-4101">South Brisbane</a>&nbsp;was runner-up, followed by the bustling <a href="/developments/brisbane-city-qld-4000">Brisbane City</a>, <a href="/developments/newstead-qld-4006">Newstead</a>, and the eclectic <a href="/developments/west-end-qld-4101">West End</a>.

[smartcode_project:default project_id=114215 project_image_fid=210749]

<a href="/developments/hope-island-qld-4212">Hope Island</a>&nbsp;was the second Gold Coast suburb to appear, sixth in the overall top 10. Southport secured seventh position, with sales at Azzura's $3 billion Imperial Square precinct and Eden Garden Residences driving sales later in the year.

[smartcode_project:default project_id=136286 project_image_fid=228943]

<a href="/developments/palm-beach-qld-4221">Palm Beach</a>, <a href="/developments/fortitude-valley-qld-4006">Fortitude Valley</a>, and <a href="/developments/mermaid-beach-qld-4218">Mermaid Beach</a> rounded off the top 10, the latter with Hirsch &amp; Faigen's nearly sold out Yves Mermaid Beach and Dankav's LAANI proving popular.

&nbsp;

Surfers Paradise tops Queensland sales charts for second year running

Buyers have made a rush at the only new off-the-plan beachfront apartment project to arrive in Palm Beach, with 5Point Projects’ Ophira selling over half of its units following its launch late last year.

Capitalising on the absence of ultra-luxury apartments in the Gold Coast's newly established millionaire's row on Jefferson Lane, the $60 million <a href="/new-apartments/ophira-105-107-jefferson-lane-palm-beach">Ophira Palm Beach</a> has successfully sold five of its entire floor residences, each fetching over $7 million.

5Point Director, Damian Dove, says it’s been a phenomenon driven by local buyers enticed by the level of luxury and space offered in Ophira coupled with the fact it is the only absolute beachfront project in Palm Beach and currently in market.

“I think the locality of buyers we’ve welcomed is a huge testament to Ophira’s appeal to discerning locals who have a deep appreciation and understanding of the projects positioning as one of the coasts’ most coveted residential addresses.” Dove said.

"Ophira is the only absolute off the plan beachfront project currently in market situated in the highly sought after Jefferson Lane precinct. Our expectations for the project were high and they have been not only met but exceeded."

Read more:&nbsp;<a href="/news/qld/5point-to-set-new-palm-beach-apartment-benchmark-with-ophira-palm-beach">5Point to set new Palm Beach apartment benchmark with Ophira Palm Beach</a>

[smartcode_project:default project_id=138441 project_image_fid=221552]

Ophira <a href="/new-apartments/palm-beach-qld-4221">Palm Beac</a>h comprises just seven full-floor apartments and a sprawling two-level penthouse.

Each full-floor residence will span between 290 sqm to 317 sqm, including balconies with uninterrupted ocean views. They will have three ensuited bedrooms, display wine storage, and a scullery off the kitchen.

Ophira’s two-level penthouse will deliver 637 sqm of internal and external living space, comprising four bedrooms, five bathrooms and its own private outdoor entertainment area featuring a pool, spa, sauna, sundeck, with teppanyaki bar, a sunken lounge and fire pit.

[smartcode_project:default project_id=138441 project_image_fid=221553]

“As with each of our projects, we wanted to create something that differentiated itself from the market," Dove added.

"I think the sales we’ve achieved to date are a strong indication that our aptitude for quality design and remarkable architecture are resonating with buyers.

“Given the rate with which apartments have been purchased to date, we expect the remaining apartments to sell out fast.”

Construction is officially underway on the project. Prices start from&nbsp;$6.55 million.

[smartcode_project_cta:default project_id=138441]

Luxury Palm Beach apartment development Ophira races to 50% sold

UNIQ Bundall, the new riverfront townhouse development by Devlink, is really offering a point of difference in the Gold Coast off the plan market.

Situated on a prime site on Waterford Court, a small cul-de-sac street with just a handful of homes that front the river, UNIQ takes up an unrepeatable spot within a few minutes walk from the Gold Coast Turf Club.

The latest census data also shows how rare of a proposition UNIQ is.&nbsp;Less than 20 per cent of the dwellings in <a href="/new-townhouses/bundall-qld-4217">Bundall</a> are townhouses, the latest ABS data showed. Nearly 75 per cent are separate houses. A townhouse opportunity doesn't come along often, and an opportunity to buy brand only presents itself every few years.

The location is one of the most standout factors of <a href="/new-townhouses/uniq-bundall-2-4-waterford-court-bundall">UNIQ</a>.

[smartcode_project:default project_id=114207 project_image_fid=233789]

The collection of 22 three-level, four-bedroom townhouses, half of which feature a rooftop terrace looking across the Gold Coast skyline, is on the corner of Waterford Court and Racecourse Drive, making it a three-minute walk to the Turf Club, set for a $370 million redevelopment, and five minutes to the Southport Golf Club, one of Queensland's most prestigious private member clubs.

The townhouses are also only a 15-minute walk away from HOTA, the cultural home of the <a href="/developments/gold-coast-qld">Gold Coast</a> and the restaurants of Thomas Drive on <a href="/developments/chevron-island-qld-4217">Chevron Island</a>.

Nestled next to&nbsp;Evandale Lake, a natural swimming pool, HOTA has undergone numerous upgrades and expansions as part of the Gold Coast Cultural Precinct 15 year master plan.

[smartcode_project:default project_id=114207 project_image_fid=233792]

HOTA is filled with local and international art exhibits as well as weekly fresh food markets, a cinema, restaurants, park lands, river ferry terminal, natural swimming pool, park run, comedy club and regular live concerts.

When the UNIQ townhomes are completed in late 2024, residents will be just across the water from a new lifestyle precinct which is currently in planning with the Gold Coast City Council.

The future Sunlight Lifestyle Precinct&nbsp;is a joint development between Aquis Australia and the Gold Coast Turf Club. The project will comprise eight luxury accommodation buildings across 1.8 hectares of land as well as a significant ground plane with a number of&nbsp;retail and commercial tenancies.

[smartcode_project:default project_id=114207 project_image_fid=248376]

There are a number of pocket parks within close proximity such as the Scenic Dog Park, directly accessed from UNIQ Bundall via a riverside path, Bob Huth Park and Poinciana Reserve.&nbsp;And for those who enjoy life on the water, a number of public boat ramps leading to the Nerang River are just minutes away.

Family buyers will be attracted to the nearby school network, with Ashmore's&nbsp;Bellevue Park State School, Saint Hilda's School and&nbsp;The Southport School all within close proximity. There's also higher education campuses of Griffith and Bond University.

[smartcode_project_cta:default project_id=114207]

UNIQ Bundall: Unique townhomes in both location and availability

The south of the Gold Coast rings differently to the rest of the in demand tourist hot spot which occupies around 70 kilometres of Queensland's coastline.

For a long time it's been a place for the locals, more beach shacks than high-rise new development.

However now the smaller suburbs of Palm Beach, Bilinga and Coolangatta, have had a wave of interest from both buyers and developers because they epitomise the relaxed Gold Coast lifestyle that both local and southern state dwellers seek.

After a busy 2023 in the southern pocket of the Gold Coast, there seems to be no slowing down in 2024.

We've picked the top five apartment developments which are expected to go live this calendar year.

<h2>Location: 39 McLean Street, Coolangatta</h2>

<h2>Developer: Immerse Projects</h2>

Burgeoning developer&nbsp;<a href="/developers/immerse-projects">I</a><a href="/developers/immerse-projects" target="">mmerse Projects</a>&nbsp;will be looking to launch their second&nbsp;<a href="/developments/coolangatta-qld-4225">Coolangatta apartment project</a>&nbsp;to the market later this year, having received approval from the Gold Coast City Council late last.

Veteran builder John Kearney, who heads up renowned developer Greyburn, is behind the 17-level apartment project at 39 McLean Street, adjacent to his&nbsp;<a href="/new-apartments/rhythm-kirra-hill-30-garrick-street-coolangatta-qld-4225">Rhythm Kirra Hill development</a>&nbsp;which is currently on the market.

<img alt="McLean" data-entity-type="file" data-entity-uuid="a98aa8b3-135e-431c-8f07-9ca8f918b2ab" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-01-24%20at%201.56.20%20pm.png?VersionId=_SxoBaCflHR9i4WehUui_rLHtqBpLfLr" />

The McLean Street development will deliver 58 new apartments comprising a mix of two-and three-bedroom designs, with the project to be topped by a 240 sqm penthouse.

The development will deliver a range of resident amenities including resort-style rooftop providing a communal lounge room, pool, gymnasium and sauna. The design offers additional communal areas on the ground and first levels that will provide meeting rooms for work-from-home use and parcel delivery lockers for online purchases by residents.

Read more:&nbsp;<a href="/news/qld/immerse-projects-secure-approval-for-second-coolangatta-apartment-tower">Immerse Projects secure approval for second Coolangatta apartment tower</a>

<h2>Location: 307 Golden Four Drive, Bilinga</h2>

<h2>Developer: Molti</h2>

Last year South East Queensland developer <a href="/developers/molti">Molti</a>&nbsp;acquired a site and submitted plans for their first Gold Coast apartment development, on the beachfront at <a href="/new-apartments/blonde-307-golden-four-drive-bilinga">307 Golden Four Drive</a> in <a href="/new-apartments/bilinga-qld-4225">Bilinga</a>.

The <a href="/architects/bda-architecture">BDA Architecture</a>-designed project, next door to the under construction Si&nbsp;<a href="/developments/bilinga-qld-4225">Bilinga</a>&nbsp;apartment development and a few doors down from the recently launched <a href="/new-apartments/pipis-bilinga-303-golden-four-drive-bilinga-qld-4225">Pipis</a> by <a href="/developers/siera">Siera</a>, will have 19 apartments designed for the owner-occupier.

<img alt="Molti" data-entity-type="file" data-entity-uuid="1a492060-13b8-4192-8dd9-8f383cf1fb59" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-01-24%20at%202.01.08%20pm.png?VersionId=tLaUMZvG8fUNIgjghO..zai4.a1lSgd_" />

BDA Architecture design aims for an innovative architectural building that will become a timeless landmark along Golden Four Drive and the beachfront.&nbsp;

The building will have three distinct areas: a landscaped entry, a series of vertical and horizontal elements, and a large expressed floating roof with private rooftop recreation areas.

The apartments designed for owner-occupiers come in 16 three-bedroom apartments with multi-purpose rooms and three four-bedroom apartments, with only two units on each floor. The upper levels will include two double-storey penthouses.

<img alt="Top SE QLD in 2024" data-entity-type="file" data-entity-uuid="be675014-5bd0-40c9-97ee-e6c2f226215b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Golden%20Four%20Drive.png?VersionId=79NLsU.kvtcxVp75JjeQ02lpaA2HFuwJ" />

Residents will have access to communal amenities on the ground floor such as a swimming pool, outdoor kitchen, dining area, and sauna.

Read more:&nbsp;<a href="/news/qld/first-look-exclusive-molti-secure-prime-bilinga-site-plan-luxury-apartment-project">First look exclusive: Molti secure prime Bilinga site, plan luxury apartment project</a>

<h2>Project: Miles Residences Kirra second stage</h2>

<h3>Location: Corner Miles Street and Marine Paradise, Kirra QLD 4225</h3>

<h3>Developer: KTQ Group</h3>

<a href="/developers/ktq-group">KTQ Group</a> is in the early works of its newest master-planned development in <a href="/new-apartments/kirra-qld-4225">Kirra</a>, a renowned surfing destination and holiday spot on the <a href="/new-apartments/gold-coast-qld">Gold Coast</a>.&nbsp;

Led by owner Peggy Flannery, KTQ Group has spent 11 years bringing the vision for Kirra Point to life in collaboration with architect Mark Damant from Little Boat Projects.&nbsp;

The $85 million lifestyle precinct aims to reinvigorate Kirra, featuring luxury apartments, a laneway retail precinct, new food and beverage outlets, a luxury hotel, and the reinvention of the existing Kirra Beach Hotel on the site.

Stage one of the four-stage mixed-use development includes the already sold-out <a href="/buildings/miles-kirra-beach-hotel-101-musgrave-street-coolangatta">Miles Residences</a>, which consists of 116 one, two, and three-bedroom apartments with a north-facing oceanfront perspective.&nbsp;

[smartcode_project:default project_id=27575 project_image_fid=138610]

The <a href="/architects/woods-bagot">Woods Bagot</a>-designed Miles also offers a suite of 5-star amenities featuring a 25-metre north-facing pool overlooking Kirra Point.

Two hospitality venues, Kirra Beach Hotel and Kirra Beach House, were opened in November.

The next phase includes Kirra Point Stays, offering elevated hotel apartment accommodation in the Miles apartments for holidaymakers to experience life like a Kirra local.

The long-term plan for stage two includes the construction of a second residential apartment tower, a boutique hotel, and a carefully curated laneway retail precinct.&nbsp;

The retail area will feature a lively village square, boutique retailers, artisans, a fresh food marketplace, a delicatessen, a florist, a bakery, gelateria, more food and beverage offerings, and a dedicated fitness, wellness, and recovery facility.

<h2>Project: Palais Coolangatta</h2>

<h3>Location: 31-35 McLean Street, Coolangatta QLD 4225</h3>

<h3>Developer: BeckDev</h3>

Developer <a href="/developers/beckdev">BeckDev</a> is still working through some design changes at&nbsp;<a href="/new-apartments/palais-coolangatta-31-35-mclean-street-coolangatta">Palais</a>, their $130 million apartment development in <a href="/new-apartments/coolangatta-qld-4225">Coolangatta</a>.

Designed by BDA, Palais is set to include 170 one, two, and three-bedroom residences with panoramic views and private hotel-style amenities.

BeckDev has made significant design concessions, including a notable reduction in height and scale when they <a href="/news/qld/beckdev-lodge-revised-plans-for-palais-coolangatta-apartment-development">proposed a redesign last year.</a> Originally the proposal was for 22 levels, however BeckDev has had to reduce the height of the tower to 17 levels.

[smartcode_project:default project_id=103143 project_image_fid=216320]

The revised plans were submitted to the council in August, addressing concerns about the building's impact on the skyline and its proximity to an existing 24-storey structure.

Palais is located on the former Jazzland site in Coolangatta, aiming to honour the historical significance of the Jazzland Dance Hall's cultural legacy.&nbsp;

The residential tower and podium have been designed to recess, preserving the iconic Art Deco facade constructed in 1928, which serves as the gateway to the dance hall.

[smartcode_project:default project_id=103143 project_image_fid=216318]

The development will feature premium residential facilities on two separate levels, including office pods, a pool, gym, theatre, private dining function rooms, a kid's play area, and barbecue breakout areas offering views across the bay to the <a href="/new-apartments/surfers-paradise-qld-4217">Surfers Paradise</a> skyline.&nbsp;

Palais is positioned just 200 metres from the beach, emphasising its coastal proximity and lifestyle appeal.

<h2>Project: Kirra Beach Residences</h2>

<h3>Location: 10 Churchill Street, Coolangatta QLD 4225</h3>

<h3>Developer: Pyco Group</h3>

<a href="/new-apartments/brisbane-qld">Brisbane</a> developer <a href="/developers/pyco-group">Pyco Group</a>&nbsp;will hope for a speedy approval process at its first Gold Coast apartment development. They've plans to&nbsp;transform a prime corner block near Kirra Beach into a 14-level tower dubbed Kirra Beach Residences.

The developer amalgamated four sites to create the 2,044 sqm site at 10 Churchill Street for the project.&nbsp;

Designed by DAHA, Kirra Beach Residences will comprise 97 apartments, with a focus on larger units, offering 79 three-bedroom apartments and 18 two-bedroom apartments.

<img alt="Top SE QLD in 2024" data-entity-type="file" data-entity-uuid="70434ce8-417a-4af8-a9c1-442fd3c2c725" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Kirra%20Beach%20Residences.png?VersionId=8F4dlclJj2wukoP9V9JFHDli1dp5HTIy" />

The ground-floor resident amenities will include a swimming pool, gym, sauna, work-from-home office space, and a media room.

The Coolangatta neighbourhood, particularly Kirra, has witnessed a surge in off-the-plan interest in recent years with various projects such as <a href="/developers/hirsch-faigen">Hirsch &amp; Faigen's Emerson</a> Kirra, <a href="/buildings/awaken-residences-275-boundary-street-coolangatta">Awaken</a> and <a href="/new-apartments/esprit-217-227-boundary-street-coolangatta">Esprit</a> by S&amp;S Projects, and <a href="/new-apartments/rhythm-kirra-hill-30-garrick-street-coolangatta-qld-4225">Rhythm Kirra Hill</a> by <a href="/developers/immerse-projects">Immerse Projects</a>. Pyco Group's project aims to bring something different to the surf mecca and bridge the affordability gap.&nbsp;

Read more:&nbsp;<a href="/news/qld/first-look-exclusive-coolangattas-newest-apartment-tower-plans-revealed">First look exclusive: Coolangatta's newest apartment tower plans revealed</a>

After a busy 2023 in the southern pocket of the Gold Coast, there seems to be no slowing down in 2024.



The southern Gold Coast's top five apartment developments launching in 2024

Brisbane developer Spyre has sold 70 per cent of the apartments in their striking <a href="/new-apartments/toowong-qld-4066">Toowong</a> apartment development&nbsp;<a href="/new-apartments/arc-residences-toowong-570-coronation-drive-toowong">Arc Residences</a>, with demolition now starting to occur on site.

<a href="/developers/spyre-group">Spyre</a>&nbsp;ended 2023 with the demolition team remobilised on the Coronation Drive site, with their machinery and recommenced with the hard demolition phase.

The demolition crew is now diligently working to dismantle the concrete structure of the existing house, paving the way for the subsequent deconstruction of the apartment building.&nbsp;

&nbsp;

Arc Residences comprises a collection of 24 three and four-bedroom apartments on the banks of the <a href="/new-apartments/brisbane-qld">Brisbane</a> River.

[smartcode_project:default project_id=112987 project_image_fid=222190]

Designed by <a href="/architects/bureauproberts">bureau^proberts</a>, the architecture of Arc Residences emphasises a delicate balance between privacy and aesthetics.&nbsp;

Arc offers a new level of privacy and sun protection, emphasising visual appeal through expansive greenery and striking plays of light and shadow. The design, influenced by the Brisbane River, seamlessly integrates a supreme sense of scale, linear elements, and intricate details.

“Each guest is greeted with a striking and sophisticated marble entrance that sets the tone for the residence. Warm bronze tapware that brings out the richness in the stone immediately draws the eye to a bold way of living to be proud of,” Spyre Group's Kent Pinel said.

Inside, the apartments feature neutral tones of white and cream are balanced with bold accents and tapware throughout, while irregular shapes and free-flowing forms add visual interest to the homes.

[smartcode_project:default project_id=112987 project_image_fid=201583]

“We have created warm sophistication through a striking yet subtle interior palette. Arc exemplifies the ultimate interior specification,” Design Leader of Bureau Proberts, Dan Liddy, said.

Each Arc residence is carefully crafted to showcase stunning panoramic views, spanning over 180 degrees from <a href="/new-apartments/st-lucia-qld-4067">St Lucia</a> to <a href="/new-apartments/south-brisbane-qld-4101">South Brisbane</a>.&nbsp;

Arc also features a rooftop experience with an integrated landscape and all the essential lifestyle amenities in this elevated space.

Strategically located at the heart of Toowong's vibrant lifestyle hub, Coronation Drive is just moments from an array of dining, entertainment and transport options.&nbsp;

Arc Residences has instant access to all of Brisbane’s best connected by nearby walkways, ferry terminal and train station.

The development is slated for completion in 2025.

[smartcode_project_cta:default project_id=112987]

Arc Residences has instant access to all of Brisbane’s best connected by nearby walkways, ferry terminal and train station

Spyre's Arc Residences in Toowong hits 70% sold as demolition approaches

Arana Hills, a safe, unassuming suburb in Brisbane's north-western growth corridor in the Moreton Bay Region, continues to be a welcoming and affordable community amid Brisbane's booming price growth.

It's not often Arana Hills pops up in the same sentence as off the plan development, but JAM Group identified the suburb as somewhere they could develop something that catered for a wide variety of buyers.

They've been creating Nuovo, a multi-stage collection of modern townhouses, and they're now ready to release the next stage after successfully selling out the first.

Nuovo has been designed by Ceccato + Architects. Each of the 19 freehold terrace homes have four bedrooms, stone kitchen benchtops, FRANKE Appliances, Matt Black tapware, and zoned ducted air-con.

[smartcode_project:default project_id=141590 project_image_fid=226630]

While the small suburb spans just 362 hectares, with 20 per cent of that taken up by parks, there's a big difference between living north of the suburb, on the fringe of Bunyaville Close Reserve, and living in the south, where Nuovo sits.

Nuovo is located at 23 Leslie Street, just 800 metres from Arana Hills Plaza where there's an ALDI, Coles and Kmart, as well as a number of food and beverage options like Guzman y Gomez,&nbsp;The Cheesy One Pizzeria, Arana Court Chinese Restaurant and Grounds of Origin cafe.

[smartcode_project:default project_id=141590 project_image_fid=226635]

Families have been attracted to the suburb which has a number of parks, borders national reserves, and has its own, and is in close proximity to, a wide variety of schooling options like the&nbsp;Grovely State School, a TAFE campus

It's just 20-minutes from Nuovo to the city centre by car, while the Grovely transit station, which connects to the CBD in 20 minutes, is 1.5 kilometres away from Nuovo.

Residents of Nuovo will enjoy the proximity of Kedron Brook with its scenic bikeway, as well as plenty of birdlife and clean air in nearby Bruce Smith Park, Leslie Patrick Park, and The Hills District All Abilities Playground—a stark contrast to the smog and traffic noise often associated with CBD living.

The Keperra Golf Course and Westside Sports Club are also conveniently located just 10 minutes away, offering a variety of leisure facilities such as golf and tennis amenities, bowling alleys, pools, fitness classes, and regular golf competitions available with membership.

Nuovo will comprise 80 freehold townhouses when completed.

[smartcode_project_cta:default project_id=141590]

&nbsp;

Arana Hills: Brisbane's undiscovered suburb in the Moreton Bay Region

<a href="/developers/aniko-group">Aniko Group</a>’s debut Chevron Island apartment development Orama has generated over $100 million worth of sales, prompting the builder developer's own construction arm to kick off the build.

The $135 million development with 102 apartments on Weemala Street has proven popular with local owner-occupiers and downsizers.

[smartcode_project:default project_id=111898 project_image_fid=209596]

The remaining two-bedroom apartments at Orama range from $995,000 to $1.45 million while the three-bedroom skyhomes, which start from $1,995,000, offer panoramic views over the central <a href="/new-apartments/gold-coast-qld">Gold Coast</a> skyline.&nbsp;

Sales Director of Aniko Group, Peter Malady says that Orama is a rare and incredibly attractive proposition for buyers in today’s off-the-plan property market, and its significant interest is a testament to this.&nbsp;

“Market demand in the prestigious precinct continues to be bolstered by local downsizers seeking a more maintenance-free lifestyle in a village community, with the majority of the purchases coming from locals from <a href="/new-apartments/chevron-island-qld-4217">Chevron Island</a>, or within a five-kilometre radius," Malady says.

“Our secondary largest buying demographic is lock up and leave holidaymakers from <a href="/new-apartments/sydney-nsw">Sydney</a> and <a href="/new-apartments/melbourne-vic">Melbourne</a>.”

Everything about Orama has been created with the intent to provide buyers with the best experience and amenities of any project on the market in the precinct.

“Orama will exude luxury, from the quality of each residence to the 550 sqm rooftop recreation area comprising of a gymnasium, pool, spa, residents lounge and a host of other amenities,” said Aniko Group Managing Director George Mastrocostas.

[smartcode_project:default project_id=111898 project_image_fid=209597]

“As we can see from our sales success, we have delivered a product that the local area has responded to well,” Mastrocostas said.

The developer is readying the first release of its <a href="/new-apartments/the-landmark-mermaid-beach-14-seaview-avenue-mermaid-beach-qld-4218">$2 billion The Landmark masterplanned precinct</a> at <a href="/new-apartments/mermaid-beach-qld-4218">Mermaid Beach</a>.

Read more:&nbsp;<a href="/news/qld/aniko-group-plot-launch-of-four-tower-mermaid-beach-development-the-landmark-after-council-approval">Aniko Group plot launch of four-tower Mermaid Beach development The Landmark after council approval</a>

[smartcode_project_cta:default project_id=111898]

Sales Director of Aniko Group, Peter Malady says that Orama is a rare and incredibly attractive proposition for buyers in today’s off the plan property market

Aniko secure over $100m in sales at Orama Chevron Island apartment development as construction kicks off

Last year the Queensland Government increased its support for first-home buyers in Queensland, doubling the First Home Owner Grant (FHOG) from $15,000 to $30,000 for eligible first home buyers.

The move saw Queensland FHOG became the highest first home owner grant in Australia.

The FHOG grant in Queensland however only applies to units less than $750,000.

The government estimates that this increase in the grant will assist around 12,000 buyers in acquiring their first homes by the time the boost expires on 30 June 2025.&nbsp;

We've looked at the best off the plan apartments in Queensland where first home buyers can secure the $30,000 FHOG.

<h2>Project: St Clair Birtinya</h2>

<h3>Price: Two-bedroom from $749,000</h3>

<h3>Developer: Habitat Development Group</h3>

<a href="/new-apartments/sunshine-coast-qld">Sunshine Coast</a> developer <a href="/developers/habitat-development-group">Habitat</a>'s recently launched St Clair in <a href="/new-apartments/birtinya-qld-4575">Birtinya</a> offers FHOG-eligible two-bedroom apartments starting at $749,900, with only limited units remaining for the 113 sqm two-bedder.&nbsp;

Designed by <a href="/architects/k-architecture">KArchitecture</a>, the $150 million development, on two side-by-side blocks on Waterfront Retreat, will comprise two eight-level residential towers with 200 two, three and four-bedroom apartments.

[smartcode_project:default project_id=108399 project_image_fid=230367]

There will be a maximum of 13 apartments on each level. Some of the large penthouse apartments will have over 50 sqm of outdoor space, while a handful of courtyard apartments will have around 90 metres of gardens.

Crowning St Clair is a communal rooftop terrace enveloped by lush subtropical landscaping with an outdoor kitchen and BBQ facilities. The rooftop deck faces Bokarina Beach towards the east, while the lounge overlooks the hinterland to the west.

A 25-metre resort-style lap pool is on the ground level, featuring a five-metre shallow wading entry adjacent to a BBQ pavilion. A residents' 16-seat dining room with a private outdoor terrace complements the pool for social gatherings.&nbsp;

[smartcode_project:default project_id=108399 project_image_fid=230359]

There's also a 1,000 sqm of exclusive resident parklands with barbecue facilities and a firepit area.&nbsp;

St Clair is in the heart of the Sunshine Coast's Health Precinct and less than a five-minute drive from Stockland Birtinya Shopping Centre and Bokarina Beach.&nbsp;

The development is under construction by <a href="/builders/habitat-construction-group">Habitat Construction Group</a>, with estimated completion in Q1 of 2026.

<h2>Project: Murcia Residences, East Brisbane</h2>

<h2>Price: One-bedroom apartments from $695,000</h2>

<h3>Developer: Sarazin</h3>

Prominent <a href="/new-apartments/woolloongabba-qld-4102">Woolloongabba</a> developer <a href="/developers/sarazin">Sarazin</a>'s <a href="/new-apartments/murcia-residences-east-brisbane-9-overend-street-east-brisbane">Murcia Residences</a> is offering one-bedroom apartments starting at $685,000, eligible for QLD's double FHOG scheme.

Located only 500m from the new Cross River Rail and 2032 Games precinct, the <a href="/architects/hal-architects">HAL Architects</a>-designed Murcia comprises 187 one, two, three and four-bedroom apartments, all designed to offer spacious and open-plan living.&nbsp;

The one-bedroom units feature large floor-to-ceiling glass windows and up to three metres of ceiling to allow plenty of natural light to flood in, combined with the generous proportions of the living spaces that extend to the balcony.

[smartcode_project:default project_id=135094 project_image_fid=241262]

The kitchens will be well-appointed with a choice of sophisticated Miele or ILVE kitchen appliances including an integrated dishwasher, oven and cooktop.

Crowning the development will be a suite of residential amenities, including an infinity pool, accompanied by private poolside cabanas and sun lounges.

Just steps away from the pool will lie the unique wellness centre, where residents can benefit from chilled and heated magnesium plunge pools, a steam room and a sauna, as well as alfresco private dining and barbecue facilities.&nbsp;

Completion of Murcia Residences is slated for March 2026.

<h2>Project: Andiamo Apartments, Hope Island</h2>

<h2>Prices: Two-bedroom apartment from $544,488</h2>

<h3>Developer: Robert Laybutt</h3>

Developer Robert Laybutt is offering some of the most affordable apartments on Hope Island at Andiamo Apartments.

They have two-bedroom apartments range between $544,488 and $700,816, before the $30,000 Government assistance.

[smartcode_project:default project_id=139743 project_image_fid=218960]

Andiamo had already been a hit with local first home buyers even before the increase in the QLD FHOG was announced.

Andiamo Apartments comprises 76 apartments centred around a resort-style pool on Broadwater Avenue.

First home buyers have also been attracted to the low body corp, just $70 a week, despite the swimming pool, barbecue area, multi-purpose room and access to lifts.

The top three off the plan apartments that trigger Queensland's new $30k first home buyer grant

Queensland's off the plan property market, dominated by Brisbane the Gold Coast, and the Sunshine Coast, was arguably the most talked about market in 2023 as development ahead of the 2032 Brisbane Summer Olympics continued to be the largest topic of conversation.

The Queensland Government also released their ShapingSEQ 2023, the longterm vision for South East Queensland and how they're going to build enough houses to meet increasing population growth.

We've wrapped up the top five most engaging articles on Apartments.com.au in Queensland in 2023.&nbsp;

<h3>The top 16 Gold Coast apartment developments launching in 2023</h3>

The year kicked off with a forward view as to what was looking at launching in 2023.

A number of the projects listed have been held back until 2024 as develops continue to monitor build costs.

Those that did make it into market, like <a href="/new-apartments/vista-surfers-paradise-26-vista-street-surfers-paradise">MRCB's Vista project in Surfers Paradise</a> and Aniko Group's <a href="/new-apartments/chevron-island-qld-4217">Chevron Island apartment development</a> <a href="/new-apartments/orama-chevron-island-12-16-weemala-street-chevron-island">Orama</a>, have benefited from continued high demand for Gold Coast apartments, demand which is still far outstripping supply.

[smartcode_project:default project_id=112730 project_image_fid=211248]

A number of the projects listed, like <a href="/news/qld/gurner-to-push-on-with-burleigh-heads-after-green-light-from-council">Gurner's Burleigh Heads project</a> and <a href="/news/qld/first-look-siera-group-set-for-beachside-surfers-paradise-apartment-development-exhale-surfers-paradise">Siera's Enderley Avenue tower in Surfers</a>, are expected to hit the market in the first half of this year.

Read more: <a href="/news/qld/the-top-16-gold-coast-apartment-developments-launching-in-2023">The top 16 Gold Coast apartment developments launching in 2023</a>

<h3>First look exclusive: Meriton propose three-tower Surfers Paradise apartment development, Cypress.</h3>

<a href="/developers/meriton">Meriton</a>&nbsp;always draws eyeballs whenever they file apartment plans, particularly on the Gold Coast.

Harry Triguboff's apartment giant is set to expand its presence further in <a href="/developments/surfers-paradise-qld-4217">Surfers Paradise</a>, lodgining&nbsp;plans for a three-tower development known as&nbsp;<a href="/new-apartments/cypress-palms-surfers-paradise-3346-surfers-paradise-boulevarde-surfers-paradise">Cypress</a>, adding 1,000 apartments to the skyline.&nbsp;

The&nbsp;<a href="/architects/dbi">DBI</a>-designed Cypress will consist of 73 and 80-level towers housing 994 apartments, with an additional 327 serviced apartments in a 53-level tower, each featuring rooftop gardens with pools and gym spaces.&nbsp;

<img alt="Urban's top five most read in 2023 in QLD" data-entity-type="file" data-entity-uuid="ed35c3c9-07a7-43b3-bb26-470a7699c65e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/The%20proposed%20podium%20of%20Cypress.%20Image%20credit%20DBI.png?VersionId=49BsOVkxGnQ_CXbuL7jfaRHyi9S2jCbG" />

The Cypress project holds sentimental value for Triguboff, marking a significant addition to his longstanding contributions to the Gold Coast skyline over six decades.

This development is Triguboff's 21st high-rise on the Gold Coast and will be near <a href="/developers/gurner">GURNER</a>'s <a href="/new-apartments/aquia-la-pelago-108-ferny-avenue-surfers-paradise">La Pelago</a> and <a href="/developers/spg-land">SPG</a>'s <a href="/new-apartments/paradiso-place-surfers-paradise-103-ferny-avenue-surfers-paradise-qld-4217">Paradiso Place</a>.

Read more: <a href="/news/qld/first-look-exclusive-meriton-propose-three-tower-surfers-paradise-apartment-development-cypress">First look exclusive: Meriton propose three-tower Surfers Paradise apartment development, Cypress</a>

<h3>First look exclusive: Frasers plans revealed for Keperra Quarry site</h3>

In April national developer&nbsp;<a href="/developers/frasers-property">Frasers</a>&nbsp;unveiled plans for the former Keperra Quarry in <a href="/developments/brisbane-qld">Brisbane</a>'s north-west, outlining two residential precincts, a sports and recreational precinct, and a conservation zone.&nbsp;

<a href="/architects/rothelowman">Rothelowman</a>'s designs for the first precinct feature 91 townhouses spread across 5,043 sqm of the overall 18.9-hectare residential site.&nbsp;

<img alt="Urban's top five most read in 2023 in QLD" data-entity-type="file" data-entity-uuid="400721f3-ed95-4b3d-a926-6dd8c230f3ed" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/The%20proposed%20plans%20for%20the%20townhouses.%20Image%20credit%20Rothelowman.png?VersionId=99b0EzjWHx0FObRLL1IM5rgn9R5bMFJQ" />

The townhouses will feature a mix of three or four bedrooms across two or three levels, with a minimum gross floor area of 140 sqm and a dedicated private open space of 35 sqm.&nbsp;

Extensive facilities, including two swimming pools, a recreation centre, and a gym, are planned for the first precinct.

Read more: <a href="/news/qld/first-look-exclusive-frasers-plans-revealed-for-keperra-quarry-site">First look exclusive: Frasers plans revealed for Keperra Quarry site</a>

<h3>Inside look: Residential opportunity at new $500 million Marina Mirage, Main Beach redevelopment</h3>

We released the first look at the new $500 milllon Marina Mirage, <a href="/developments/main-beach-qld-4217">Main Beach</a> redevelopment <a href="/news/qld/inside-look-residential-opportunity-at-new-500-million-marina-mirage-main-beach-redevelopment">back in February</a>.

South Australian shopping centre tycoon Con Makris revealed plans&nbsp;by Melbourne architect <a href="/architects/fraser-partners-0">Elenberg Fraser</a>&nbsp;for&nbsp;a new retail and dining precinct, a 110-room hotel, 44 apartments, and 46 villas.&nbsp;

<img alt="Urban's top five most read in 2023 in QLD" data-entity-type="file" data-entity-uuid="60b572a0-9932-4df0-943d-16ce8b583b9d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Marina%20Mirage.png?VersionId=0JVDX4MIBBdy3EyXdc2eJr2R2csMizCc" />

The development aims to attract affluent buyers, retirees, and families seeking beach leisure, fine dining, and cultural exploration.

Read more: <a href="/news/qld/inside-look-residential-opportunity-at-new-500-million-marina-mirage-main-beach-redevelopment">Inside look: Residential opportunity at new $500 million Marina Mirage, Main Beach redevelopment</a>

<h3>The top 12 developers to watch out for on the Gold Coast in 2024</h3>

One of the most popular articles was sent at the end of last year, looking forward to 2024 and reviewing which developers are likely to be the most active this year.

Sales momentum gathered at a strong rate toward the end of 2023, which will have had developers licking their lips and doing what they can to get their projects in market.&nbsp;

There were 400 apartments sold in Q3 2023 across prominent areas like <a href="/developments/broadbeach-qld-4218">Broadbeach</a>, Main Beach, and Surfers Paradise.

Developers like Siera, who will have three projects in market when they launched in Surfers, Lewis Land, who are set to launch their <a href="/new-apartments/harbour-shores-biggera-waters-564-oxley-drive-biggera-waters">$1.5 billion Harbour Shores development</a> in <a href="/new-apartments/biggera-waters-qld-4216">Biggera Waters</a>, made the list.

Read more: <a href="/news/qld/the-top-12-developers-to-watch-out-for-on-the-gold-coast-in-2024">The top 12 developers to watch out for on the Gold Coast in 2024</a>

Urban's top five most read articles in Queensland in 2023

Brisbane developer Pyco Group is expanding its footprint in South East Queensland, and it's doing so in one of the region's best locations.

<a href="/developers/pyco-group">Pyco</a>, led by Lachlan Cottee, is set to transform a prime corner block just one row back from the Kirra Beach into a 14-level tower with 97 apartments dubbed <a href="/new-apartments/onde-kirra-10-churchill-street-coolangatta">Onde Kirra</a>.

The owner-occupier-focused developer, who is currently developing&nbsp;<a href="/new-apartments/atelier-110-vulture-street-west-end">Atelier</a> in <a href="/developments/west-end-qld-4101">West End</a> and <a href="/new-apartments/nouveau-albion-8-16-anstey-street-albion">Nouveau</a> in <a href="/developments/albion-qld-4010">Albion</a>, is creating some of the largest apartments in the neighbourhood. Of the 97 apartments proposed, 79 are three bed, while the other 18 have two bedrooms.

<img alt="PYco" data-entity-type="file" data-entity-uuid="cdb9b975-4e24-4128-883d-b4d41b50a9e6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-01-19%20at%2012.07.49%20pm.png?VersionId=XY39wNeKPRZvi4xH7UHBzyr8J1Rq6trJ" />

Pyco has amalgamated four sites,&nbsp;10 and 12 Churchill Street, 17 Miles Street and 51 Winston Street, to create the 2,044 sqm site for the project, dubbed in the planning application "Kirra Beach Residences".

Architecture firm DAHA said in their design statement submitted with the application to the Gold Coast City Council that their approach creates a space that complements the natural beauty of the Gold Coast landscape whilst elevating the experience of beachside living.

"Taking cues from the vibrant local context of Kirra and Coolangatta,&nbsp;our&nbsp;design&nbsp;boasts&nbsp;a&nbsp;harmonious fusion of local colour schemes, material paleƩes,&nbsp;and&nbsp;lush&nbsp;landscaping&nbsp;that&nbsp;seamlessly&nbsp;blurs&nbsp;the boundary between architecture and natural environment.

"Stepped facades, meticulously&nbsp;crafted&nbsp;to&nbsp;ensure&nbsp;equal&nbsp;light,&nbsp;refreshing&nbsp;breezes,&nbsp;and&nbsp;breathtaking views for each apartment, epitomize a thoughtful&nbsp;approach&nbsp;to&nbsp;elevated&nbsp;coastal&nbsp;living,&nbsp;creating&nbsp;an oasis of comfort."

<img alt="Pyco" data-entity-type="file" data-entity-uuid="ab84fb7e-de1b-4892-80b7-c50ee5270c05" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-01-19%20at%2012.10.05%20pm.png?VersionId=urZykZlYltqZXmU4oe.ogh_w7IcJAV0x" />

The three-bedroom apartment sizes start from 113 sqm.

The resident amenity on the ground floor, set back from the street and elevated, includes a swimming pool, gym, sauna, resident work from home office space, and a media room.

The site is currently occupied by two houses, two low-rise blocks with four units in each, and two small-scale commercial tenancies. Two years ago approval was given on the Churchill St sites for a nine-level, 40-unit building.

<img alt="Pyco" data-entity-type="file" data-entity-uuid="8ffdeac8-cf53-4c68-a79c-0ce64e874d7a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-01-19%20at%2012.10.15%20pm.png?VersionId=ykN0nU0G30xmTUpDQdRkwxo0lDG_AhjS" />

The Town Planning Report by Mewing Planning Consultants said the height of the proposed building height complies with the Strategic Framework provisions that enables up to 50 per cent additional height above the acceptable outcome.

"The building height is consistent with the established and new developments in the locality," the report noted.

The <a href="/developments/coolangatta-qld-4225">Coolangatta</a> neighbourhood, Kirra in particular, has seen a wave of off the plan interest in the last few years, with the likes of Hirsch &amp; Faigen's Emerson Kirra, Awaken and Esprit by S&amp;S Projects, and Rhythm Kirra Hill by Immerse Projects.

Pyco's new project bridges the affordability gap and will bring something different to the surf mecca. Pyco is also preparing a project in Sydney's Freshwater.

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