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?

Hirsch &amp; Faigen are fast approaching sell out of their third Gold Coast apartment development, <a href="/new-apartments/yves-mermaid-beach-7-9-mermaid-avenue-mermaid-beach">Yves Mermaid Beach</a>.

Just two two-bedroom apartments remain in the <a href="/new-apartments/mermaid-beach-qld-4218">Mermaid Avenue development</a>, after the penthouse and sub penthouse sold for $6 million and $5 million a piece over the Christmas period.

Both were snapped up by locals, Hirsch &amp; Faigen's Sales Director Matt George says. Local demand has been a consistent theme over the last 12 months, according to George.

[smartcode_project:default project_id=102451 project_image_fid=186077]

Completion of the 146 Rothelowman-designed apartments is slated for later this year, with tier one builder Hutchies handling the construction.

The final four-bedroom sub-penthouse which fetched $5 million features open-plan living areas and spacious balconies overlooking the Pacific Ocean. A Melbourne investor purchased the other sub-penthouse last year.

[smartcode_project:default project_id=102451 project_image_fid=186081]

The $6 million penthouse has its own private terrace and 335 sqm of interior living space. It has four bedrooms, a study, four and a half baths, and three car spaces. It offers a sought-after northeast view of the Pacific Ocean and the Gold Coast city skyline.&nbsp;

The resident amenity in Yves include a&nbsp;state-of-the-art gym with a sauna, and a pool.

The two remaining apartments at Yves, both with two bedrooms, start from $1.25 million.

[smartcode_project:default project_id=102451 project_image_fid=186085]

&nbsp;

Matt George says there's been more enquiry in 2023 than there was in 2022, which is a promising sign for the Gold Coast apartment market.

George still has the final piece of the puzzle at Hirsch &amp; Faigen's <a href="/buildings/emerson-kirra-100-musgrave-street-coolangatta">Emerson Kirra</a> development, the $10 million penthouse, to sell before calling that a sell out. There's a few interstate parties interested.

The Melbourne developer's first <a href="/new-apartments/gold-coast-qld">Gold Coast apartment development</a>, Hemingway at <a href="/new-apartments/palm-beach-qld-4221">Palm Beach</a>, recently settled with a 100% settlement rate.

[smartcode_project_cta:default project_id=102451]

Completion of the 146 Rothelowman-designed apartments is slated for later this year, with tier one builder Hutchies handling the construction

Yves Mermaid Beach approaches sell out after penthouse sales

The scaffolding has come down at Burleigh Beach Houses, the newest boutique collection of luxury villas in Burleigh Heads.

Award-winning builder Carmichael Build has followed the designs of&nbsp;the renowned <a href="/architects/story-design-collective">Story Design Collective</a>&nbsp;to a tee. The striking facade will be immediately evident from the Banksia Broadway street, just a couple of hundred metres from Burleigh Beach.

The north-facing villas feature a rendered facade with understated weatherboards, designed to embrace the coastal location. The facade is&nbsp;softened by lush greenery cascading from the garden beds above.

[smartcode_project:default project_id=141528 project_image_fid=220051]

Soaring cathedral ceilings and curved feature walls feature within the villas, which have been thoughtfully designed to include a lift providing access to all levels, future proofing them for generations.

Each townhome boasts a spacious 330 sqm floor plan spread across three levels. The top floor homes all four bedrooms, strategically separating social spaces from private sleeping quarters.&nbsp;

[smartcode_project:default project_id=141528 project_image_fid=220037]

The heart of the beach houses lies in the modern open-plan kitchen, seamlessly connecting to a north-facing alfresco area overlooking a private plunge pool.&nbsp;

The built-in dining booth and bar cabinetry, featuring a sink and bar fridge, set the stage for effortless entertainment.

[smartcode_project:default project_id=141528 project_image_fid=222377]The three contemporary bathrooms, including ensuites for the master and second bedrooms, ensure convenience and luxury for residents.

An additional ground-floor powder room and a private study cater to practical needs, especially those embracing a work-from-home lifestyle.&nbsp;

A carport and a double-lock up garage allow for four cars, with the garage offering internal access to the home.

[smartcode_project:default project_id=141528 project_image_fid=220045]

Situated steps away from the iconic Burleigh Beach, a short stroll to The Village Markets for fresh produce, and a mere 900 metres from James Street shops, cafes, bars, and restaurants, the location of Burleigh Beach Houses enhances its appeal.&nbsp;

Buyers will soon be moving into the villas, developed by&nbsp;<a href="/developers/21-property-group">21 Property Group</a>.

[smartcode_project_cta:default project_id=141528]

Each townhome boasts a spacious 330 sqm floor plan spread across three levels. The top floor homes all four bedrooms, strategically separating social spaces from private sleeping quarters. 

Burleigh Beach Houses approach completion

Developer <a href="/developers/traders-in-purple">Traders In Purple</a>&nbsp;is bringing yet another apartment development to the Moreton Bay Region, and their most recent is possibly their best.

Orilla Woody Point comprises just 32 apartments designed by Rothelowman on the&nbsp;water's edge at&nbsp;<a href="/new-apartments/woody-point-qld-4019">Woody Point</a>&nbsp;near the Woody Point jetty.

Placed between <a href="/new-apartments/brisbane-qld">Brisbane</a> and the <a href="/new-apartments/sunshine-coast-qld">Sunshine Coast</a>, the boutique collection comprises three and four-bedroom oversized apartments ranging from 216 sqm to 348 sqm, with multiple living spaces, generous master suites and expansive balconies.

[smartcode_project:default project_id=14055 project_image_fid=216914]

All residences include dual-aspect orientation with views across Moreton Bay and towards the Glass House Mountains.

Designed by <a href="/architects/rothelowman">Rothelowman</a>, Orilla's modern and thoughtfully designed architecture complements its natural surroundings, emphasising the seamless connection between indoor and outdoor spaces.

As residents step into their homes at <a href="/new-apartments/orilla-woody-point">Orilla</a>, breathtaking ocean views await. The design prioritises both aesthetics and functionality.

[smartcode_project:default project_id=14055 project_image_fid=216921]

The well-appointed kitchens showcase Miele appliances, Caesarstone benchtops, an 800mm induction cooktop, an integrated combination steam oven microwave, pyrolytic ovens, a fully integrated dishwasher, a butler's pantry, and a stylish feature dry bar with LED lighting.

Each residence promises absolute ocean views from the living and master bedroom, with an additional balcony extending from the multi-purpose room, providing views of the Glass House Mountains.

The well-appointed master bedroom also has direct access to the balcony overlooking the ocean to enjoy the sunrise.&nbsp;

[smartcode_project:default project_id=14055 project_image_fid=216920]

The master features a walk-in robe and an ensuite with floor-to-ceiling tiles, a double vanity, and a bath and rain shower.&nbsp;

Every residence features a separate laundry room, ample functional storage, and dedicated car parking, with two residences sharing a lift lobby on each level.

Orilla also offers exclusive amenities for entertainment and relaxation. The carefully landscaped surroundings enhance privacy, offering residents a retreat to the subtropical forecourt oasis on the podium level, complete with a swimming pool, sun lounges, and a covered BBQ area.

[smartcode_project:default project_id=14055 project_image_fid=216915]

Orilla is just a three-minute walk from the iconic Woody Point Jetty and Woody Point Beach. The development is also within a 40-minute drive to Brisbane CBD, 20 minutes to Brisbane Airport, and an hour to the Sunshine Coast.

Traders In Purple has officially commenced construction on this nine-level development, with prices ranging from $1.745 million to $2.805 million.

[smartcode_project_cta:default project_id=14055]

Designed by Rothelowman, Orilla's modern and thoughtfully designed architecture complements its natural surroundings, emphasising the seamless connection between indoor and outdoor spaces

Inside Traders in Purple's Woody Point apartment development, Orilla

David Devine's DD Living has unveiled images of the two opulent penthouses at the new ultra-luxurious apartment development Burly Residences.

The $480 million Burly Residences in&nbsp;<a href="/new-apartments/burleigh-waters-qld-4220">North Burleigh</a> has only been on the market since late 2023 and prestige property buyers have already snapped up $140 million worth of apartments.

The two single-level penthouses on level 23 of <a href="/new-apartments/burly-residences-north-burleigh-264-268-the-esplanade-burleigh-heads">Burly Residences</a>&nbsp;are priced from $13.8 million.

<img alt="Burly Residences Reveals Signature Collection" data-entity-type="file" data-entity-uuid="df62250e-48ff-46e6-83be-5836b8b99404" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Burly%20Residences%20penthouse%20master%20bedroom%20lr.jpg?VersionId=R9cQ0z9vk0VLFZvFx6cTjsn5ccqyqJ3B" />

Each offering 432 sqm the penthouses have four en-suite bedrooms as well as a multi-purpose room which is being pitched as suit a home theatre, home office, or library.

The master bedroom spans 64 sqm and opens to a large balcony overlooking the beach. It features an expansive walk-in wardrobe and an ensuite with a large luxury bath as the centrepiece.

Expansive designer kitchens, including a butler’s pantry and wet bar, are surrounded by wide open-plan living areas that flow out to a 71 sqm entertainer’s balcony overlooking North Burleigh Beach.

The elegantly appointed entertaining areas include a temperature-controlled cellar room for storing and displaying fine wines and liquors.

<img alt="Burly Residences Reveals Signature Collection" data-entity-type="file" data-entity-uuid="4123b7a8-ffa9-40c6-83ce-698a36b80909" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Burly%20Residences%20penthouse%20kitchen%20lr.jpg?VersionId=4KzEnaelGROulSfYPKU5n3YruGWoPB2l" />

The living spaces offer uninterrupted ocean, and hinterland views - spanning from the Burleigh Headland and Tweed Coast to the south and to the north over the <a href="/new-apartments/surfers-paradise-qld-4217">Surfers Paradise</a> city skyline.

Burly Residences is an impressive 24-level building spanning over a 2,024 sqm site with 40 metres of frontage at 264-268 The Esplanade in North Burleigh.

<a href="/developers/dd-living">DD Living</a>&nbsp;assembled a tier one design team to create a landmark building that elevates the local environment and community.

<img alt="Burly Residences Reveals Signature Collection" data-entity-type="file" data-entity-uuid="ddb9efe6-423a-418a-a09b-cc5fc9fe1b77" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Burly%20Residences%20penthouse%20balcony%20view%20lr.jpg?VersionId=sWuDU1o54wnIpuDF5M2Bxzv38GShHeoO" />

“Burleigh has the right mix of qualities that make it a place where people want to live, work and play,” Devine said.

“Burleigh has evolved into a premium coastal location in recent years, without losing the seaside village feel that has made it so unique. We designed the single-level penthouses at Burly Residences as the ultimate luxurious homes to complement all the benefits a prime location like this offers.

“Our team is thrilled to now be in a position to reveal these two stunning single-level penthouses and presenting the market with this unique opportunity to live in the ultimate luxury in one the world’s best beach locations.”

Interiors have been designed by award-winning interior design studio <a href="/interior-designers/mim-design">Mim Design</a> in collaboration with Burly Residence’s award-winning architect <a href="/architects/koichi-takada-architects">Koichi Takada</a> to deliver a luxury residential apartment development.

<a href="/project-marketer/total-property-group">TOTAL Property Group</a> says size, style, location and services are the distinguishing factors of Burly Residences and ultimate penthouses at Burly Residences.

“The quality design and finishes in each of the residences, coupled with six-star resort amenities, plus the superb beachfront location at North Burleigh defines Burly Residences and sets it apart from other luxury apartment developments on the Gold Coast,” TOTAL Property Group Managing Director Adrian Parsons said.

[smartcode_project:default project_id=134791 project_image_fid=220106]

“These two single-level penthouses are an exceptionally rare residential opportunity. Their release to market responds to the high demand for luxury apartments in the Burleigh area that we have been receiving since we launched Burly Residences.

“The penthouse collection at Burly Residences is super glamorous and raises coastal elegance to a whole new level. The price at $12.96 million for a single-level penthouse is exceptional value given the superior quality of this development, level of amenity and the exclusive beachfront location.”

Burly Residences is home to some of the most prestigious apartments currently available on the market in Australia. The ultra-premium residential tower comprises of 101 apartments across 24 levels with two whole floors of six-star amenities including a concierge.

Read more:&nbsp;<a href="/news/qld/dd-living-reveal-luxury-burly-residences-development">DD Living reveal luxury Burly Residences development</a>

[smartcode_project:default project_id=134791 project_image_fid=223394]

Six-star resort and lifestyle amenities across two levels include swimming pools, sun beds, gymnasium, Peloton room, steam room, sauna, yoga and Pilates lounge, private cinema, barbecue area, casual and formal dining, kitchen, teppanyaki bar, private office, executive lounge, bar and pool deck.

The iconic seaside suburb of Burleigh Heads, famous for its surf break, national parklands and long white sandy beaches as well as charming cafes, restaurants, boutique shopping and entertainment venues, is now considered a prestigious residential address while remaining one of Australia’s most popular beachside holiday spots for both domestic and international visitors.

[smartcode_project_cta:default project_id=134791]

Burly Residences reveals signature collection of opulent six-star beachfront single-level penthouses to the market for the first time

DD Living secure $140 million in sales at Burly Residences and penthouse renders released

Faro, the luxury Broadbeach apartment development by joint venture partners Bottega and 5Point, has secured $15 million worth of sales just a week into its launch.

The four sales were snapped up by both local and interstate buyers.

The $80 million <a href="/new-apartments/faro-broadbeach-123-old-burleigh-road-broadbeach">Faro</a> sits on a prime site of 123 Old Burleigh Road, a site which was previously secured by <a href="/developers/bottega-property-group">Bottega Group</a> in 2020.

Faro will rise 21 levels to deliver 11 full-floor apartments, three two-level, sub-penthouses, and a single three-level penthouse

[smartcode_project:default project_id=31666 project_image_fid=246693]

Each of the full-floor apartments will feature three bedrooms, each with ocean views, three bathrooms, and open-plan living areas that are enhanced by a large ocean-facing balcony.

The penthouse and sub-penthouses each will comprise five bedrooms and five bathrooms, offering spacious living areas that include a separate dining area and home cinema.

The guest’s suite is located on the first level, while the second level will host four bedrooms plus home office, including the expansive ocean-facing master bedroom with its own balcony positioned to take in spectacular coastal views.

The penthouse will be complemented by its own rooftop entertainment area with a private swimming pool, sundeck, outdoor kitchen, dining area and lounge. All three levels of the penthouse are serviced by a private internal lift.

[smartcode_project:default project_id=31666 project_image_fid=246698]

All Faro residents will enjoy a range of premium on-site amenities on the first-floor recreation terrace including a magnesium pool, private lounges, gymnasium, cabana, outdoor barbecue and entertaining area, sauna, lockers as well as a pet wash and surfboard wash.

The ground floor will have ample bike storage spaces for residents, plus a mail room located in the foyer providing a parcel locker delivery system to handle online orders. Faro will have three levels of basement parking and an EV fast-charging station in the visitor’s bay.

Faro Broadbeach is positioned within easy reach of Broadbeach’s many open spaces, including Federation Park, Victoria Park and Kurrawa Park, and close to the Oceanway pedestrian and cycling path which spans the central Gold Coast beachfront.

[smartcode_project:default project_id=31666 project_image_fid=246697]

Director of Pezet Matheson, Todd Matheson, says that both local and interstate buyers have been driving the demand of Faro.

“The enquires we’ve had to date all commonly recognised the central location and accessibility to the beach and <a href="/new-apartments/broadbeach-qld-4218">Broadbeach</a> Centre, along with the understated luxury level of finish," Matheson says.

5Point has again sought the services of award-winning architectural design firm, Plus Architecture stating, “Faro has been reimagined to provide a refined collection of premium residences that appeal to a discerning market, and that’s being reflected in the great interest we’ve seen from buyers wanting to secure their spot in this project”.

“Buyers are drawn to the spacious interiors, superior inclusions and resident’s amenities, this project has truly set a new benchmark for relaxed, luxury, coastal living in Broadbeach”.

[smartcode_project:default project_id=31666 project_image_fid=246689]

<a href="/developers/5point-projects-pty-ltd">5Point Projects</a> Managing Director, Damian Dove, said the construction commencement has really&nbsp;ignited the strong sales and enquiries within the market.

"[It] demonstrates buyers need for certainty of delivery when choosing their new sky home," Dove said.

[smartcode_project_cta:default project_id=31666]

Director of Pezet Matheson, Todd Matheson, says that both local and interstate buyers have been driving the demand of Faro

Faro Broadbeach secures $15 million in sales following Christmas launch

Property developer Traders in Purple has successfully sold out their&nbsp;&nbsp;<a href="/new-apartments/scarborough-qld-4020">Scarborough</a>&nbsp;apartment development, Marin, well before construction completion.

Traders in Purple said the&nbsp;enthusiasm for the unparalleled lifestyle Marin offers has been overwhelming.

"With construction well on track, we can hardly wait to welcome the proud homeowners in early 2025," <a href="/developers/traders-in-purple">Traders in Purple</a> said.

Nestled on the leafy Landsborough Avenue Esplanade, Marin boasts a waterfront location with direct views to the east across Moreton Bay.&nbsp;

[smartcode_project:default project_id=21934 project_image_fid=216925]

Designed by <a href="/architects/ellivo-architects">Ellivo Architects</a>, the mixed-use development features retail on the ground level, including an expansive outdoor dining space set under a green leafy podium that seamlessly combines subtropical and coastal architectural elements.

The eight residential levels above the green base consist of 80 two and three-bedroom apartments.&nbsp;

[smartcode_project:default project_id=21934 project_image_fid=216937]

The gourmet kitchen has a butler's pantry, Miele appliances, and stone benchtops, while the waterfront master suite includes a walk-in robe, an ensuite with a double vanity, and a bath.&nbsp;

Some apartments at Marin include a multi-purpose room, allowing homeowners to create and tailor a personalised space to suit their lifestyle.

Residents will also have access to resort-style facilities, including a swimming pool surrounded by cabana-style day beds, landscaped gardens, and an outdoor BBQ kitchen and alfresco entertaining area.

[smartcode_project:default project_id=21934 project_image_fid=216929]

Marin is strategically located at the northernmost end of the Redcliffe Peninsula, close to beaches, green spaces, and retail outlets, all framed by the iconic Norfolk Pines that grace Landsborough Avenue Esplanade.

Traders In Purple has been a cornerstone of development in the Moreton Bay region for over a decade, with Marin marking their 12th project in the sought-after Moreton Bay Peninsula. The company's in-house construction team will deliver every development stage.

[smartcode_project_cta:default project_id=21934]

Traders in Purple's in-house construction team will deliver every development stage.

Traders in Purple sell out Marin Scarborough

Developer&nbsp;Immerse Projects is soon to launch its next residential development on the Gold Coast, transforming apartment living in the heart of Robina.

The project, <a href="/new-apartments/ombre-robina-46-scottsdale-drive-robina">Ombre Robina</a>, will offer one, two and three-bedroom apartments designed by BDA Architecture at <a href="/new-apartments/ombre-robina-46-scottsdale-drive-robina">46 Scottsdale Drive</a>, ideally located a stone's throw from the Robina Town Centre.

The apartments at Ombre will be characterised by open-plan spaces, functional design and natural textures and colours that evoke a sense of comfort and harmony.

&nbsp;

[smartcode_project:default project_id=143341 project_image_fid=251416]

&nbsp;

Residents will enjoy ample verdant green community spaces and serene corners for relaxation or entertainment. Whether sunbathing or reading under dappled shade, Ombre's pool and sun deck area will provide residents with the ideal location for a refreshing and relaxing getaway within the development.

The lifestyle in Robina is where quaint coffee shops, boutique shopping, and everyday conveniences weave perfectly into leafy parks, golf courses and onto the sands of Burleigh Beach.

[smartcode_project:default project_id=143341 project_image_fid=251417]

<a href="/developers/immerse-projects">Immerse Projects</a> has stemmed from building industry veteran John Kearney's highly regarded construction business Greyburn. Greyburn will be the builder for Ombre, which they will start building this year.

&nbsp;

Immerse had huge success in the Gold Coast off the plan apartment market last year with their Coolangatta apartment development, <a href="/new-apartments/rhythm-kirra-hill-30-garrick-street-coolangatta-qld-4225">Rhythm Kirra Hill</a>.

Rhythm, 40 apartments over seven levels, has also been designed by BDA and features amenities include a rooftop pool and BBQ area, sauna, meeting room, parcel lockers, gym, and outdoor shower.&nbsp;

This year Immerse is also expected to launch their second Kirra project, having <a href="/news/qld/immerse-projects-secure-approval-for-second-coolangatta-apartment-tower">secured approval for a&nbsp;17-level project</a> at 39 McLean Street, adjacent to Rhythm Kirra Hill.

The aim of both Rhythm and the future project is to cater to the&nbsp;"missing middle market," given runaway prices in the sought-after coastal pocket in the last few years.

Immerse was named as a <a href="/news/qld/the-top-12-developers-to-watch-out-for-on-the-gold-coast-in-2024">top Gold Coast developer to watch on Urban in 2024</a>.

[smartcode_project_cta:default project_id=143341]

Immerse to reveal Ombre Robina development as construction commencement approaches

Habitat Development Group's new $150 million Sunshine Coast apartment development St Clair, on the banks of Laka Kawana, is set to redefine waterfront living in the coastal hotspot.

Taking in the still water of Laka Kawana while also being just a bridge away from the sand of Bokarina Beach, St Clair offers its future residents the best of both worlds.

There's plenty of opportunity to take in the natural surroundings, with two lakeside parks, Central Boulevard Park and Southbank Park, and the Kawana Forest Bushland Reserve.

[smartcode_project:default project_id=108399 project_image_fid=230948]

Central Boulevard Park, adjacent to the east of the site overlooking the canal, features picnic and barbecue facilities and public amenities. The park, well-connected by pedestrian pathways, offers colourful play equipment shaded with sails and picnic shelters overlooking the water, making it an excellent spot for residents to spend a few hours enjoying the surroundings.

Four minutes east and over the bridge is Bokarina Beach, a patrolled, dog-friendly surf beach. Public amenities, playgrounds, and picnic facilities are available.

[smartcode_project:default project_id=108399 project_image_fid=232439]

The Kawana Forest bordering Birtinya offers a leafier adventure.&nbsp;The 957-metre-long Kawana Forest Walking Trail loops into remnant paperbark and eucalypt forest, showcasing diverse flora and fauna.

While being incredibly well connected to nature and peace and quiet, future St Clair residents will have an abundance of amenity on their doorstep.

Situated in the heart of the Sunshine Coast's Health Precinct, St Clair offers residents the convenience of being less than a five-minute drive from Sunshine Coast University Hospital, Stockland Birtinya Shopping Centre, dining, cafes, and entertainment options.

[smartcode_project:default project_id=108399 project_image_fid=232437]

The Sunshine Coast University Hospital is the first teaching hospital to open in Australia in two decades. Several restaurants can be found around the large medical establishment.&nbsp;

Some of the closest and highest-rated restaurants in the vicinity are Wildflower Kitchen, 86 Bangkok Street Food, Sushi Omoide and Cutting Edge Burgers.

[smartcode_project:default project_id=108399 project_image_fid=230361]

Heading north along Kawana Way leads residents to the new Stockland Birtinya, a 17,000 sqm shopping centre with Coles as a major anchor tenant, several mini-majors, specialist stores, and a food precinct with alfresco dining areas. Additional food and grocery options include ALDI, Boocock’s Quality Meats, Bakers Delight, Cellarbrations, Fresh Fruit Brothers, and Lake Kawana Jewellers.

The shopping centre also has more cuisine restaurants, such as On A Roll Sushi, Kebab Zone, and Malt Shovel Tap House for dining and takeaway.

[smartcode_project:default project_id=108399 project_image_fid=230367]

While no schools exist in Birtinya, the nearest government primary and secondary school is Kawana Waters State College in the neighbouring Bokarina. The college is close to the Kawana Sports Precinct, where residents are only within a four-minute drive of the Sunshine Coast Stadium and Kawana Aquatic Centre.

Green Beginnings, a daycare centre, and Kawana Waters Farmers Market are within this vicinity, directly across the lake from St Clair.

[smartcode_project:default project_id=108399 project_image_fid=230354]

Access to Nicklin Way, along with nearby bus stops and major highways, ensures residents stay well-connected to the rest of the Coast. Birtinya is just over an hour's drive from Brisbane CBD.

The first stage release of St Clair has already sold 50 per cent. Eligible homebuyers can take advantage of the First Home Owners Grant at St Clair,

Habitat Construction estimates completion in Q1 2026.

[smartcode_project_cta:default project_id=108399]

On Lake Kawana and next to Bokarina Beach: St Clair's ideal waterside location in Birtinya

Brisbane homes have seen extraordinary capital growth in the past few years, rising over 50 per cent since the onset of the pandemic in March 2020, data released by&nbsp;property data analytics firm CoreLogic found.

The city’s appeal amid an increase in remote work helped fuel strong population growth, increasing housing demand, driving down supply and making it a seller’s market.&nbsp;

At the end of last year, Brisbane reached a new milestone. The city now has the third-highest median dwelling value among the capitals, behind Sydney and Canberra. In December, the Greater Brisbane median dwelling value was $787,000, surpassing Melbourne’s median value for the first time since July 2009 by around $7,000.

CoreLogic has looked at the fundamentals which has led Brisbane's median dwelling value to overtake Melbourne's.

<img alt="CoreLogic" data-entity-type="file" data-entity-uuid="1cdb2584-bca2-48aa-8541-d652f345ab12" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-01-11%20at%202.42.13%20pm.png?VersionId=kl20MrZO4WFlfi5hE2z3DZ4YacEeput7" />

<h2>Why has Brisbane surpassed Melbourne in the median dwelling value ranks?&nbsp;</h2>

Composition of housing stock. Despite recording a higher median dwelling value, Brisbane’s median house and unit values are still -$72,000 and -$49,000 below Melbourne’s medians respectively.

<img alt="CoreLogic" data-entity-type="file" data-entity-uuid="4a4798a0-95a7-4775-a431-5b3ea47ec534" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-01-11%20at%202.42.20%20pm.png?VersionId=q3I.bk7QDDS8dpORHArVar8F9kDD5pqo" />

The reason for this is that Melbourne has a higher share of units as a portion of the dwelling market. CoreLogic estimates that units comprise 33.8% of Melbourne dwellings, compared to 25.6% of homes across Brisbane (Figure 2b). Because units are generally lower value than detached houses, a higher portion of units brings down the median dwelling across all houses and units.&nbsp;

In the near term, this compositional difference might rebalance a little. The latest building activity data from the ABS showed that as of June last year, there were 1.4 units under construction for every house in Victoria, compared to 1.6 units for every house across Queensland. This implies there could be a slightly higher concentration of unit stock to come across Brisbane.&nbsp;

<img alt="CoreLogic" data-entity-type="file" data-entity-uuid="c3a44fea-34ad-4ca1-beaf-c302c336aa06" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-01-11%20at%202.42.23%20pm.png?VersionId=8j79Bkw4j8VGjFVnCZ.wUd0KHMAIgqgf" />

&nbsp;

Brisbane booms against mild Melbourne upswing. Since the onset of the pandemic in March 2020, Brisbane dwelling values rose 50.2% through to the end of last year. Over the same period Melbourne values rose just 11.0% (Figure 3), which was the weakest increase of any capital city market.&nbsp;

This disparity in growth has seen Brisbane’s median dwelling value rise from -$187,000 below Melbourne’s median in March 2020, to $7,000 higher in December last year.&nbsp;

The reason for such varied capital growth outcomes may be partly due to lifestyle factors, where the appeal of South East Queensland rose through the pandemic. The normalisation of remote work for many professionals made interstate migration to Queensland more feasible, while Melbourne’s extended lockdowns from March 2020 through to October 2021 may have prompted people to leave the city.&nbsp;

<img alt="Figure 3" data-entity-type="file" data-entity-uuid="8da01078-604a-43fe-a5d7-875de2b0005e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-01-11%20at%202.45.01%20pm.png?VersionId=NszwqCcZPBtFGpwB_74LqecV1pcGKZHQ" />

This is reflected in ABS migration data, which shows net interstate migration to Queensland hit a record high of 51,500 in the year to March 2022. In the same period, net interstate migration to Victoria was -20,000. Net internal migration to Victoria bottomed out at a loss of -35,600 people in the year to June 2021, and was still negative as of June last year. Value falls across Melbourne were also exacerbated by the loss of overseas migration through COVID, but net overseas migration turned positive in 2022. These trends can be seen in Figure 4, which shows rolling annual interstate and overseas migration by state.&nbsp;

While the most recent migration data is only available at a state-wide level, regional population data from the ABS showed that over the year to June 2022, Brisbane’s population grew by 2.3%, more than double the rate across Melbourne (1.1%). Overall, Melbourne still had a higher estimated resident population at 5,031,000, compared to 2,628,000 across Brisbane.&nbsp;

&nbsp;

<img alt="Corelogic" data-entity-type="file" data-entity-uuid="63d2d1f6-0e4c-486c-ac26-10c3584c6c50" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-01-11%20at%202.45.27%20pm.png?VersionId=x8SEYFEH.O1gSSqArW._Amin2fkpwJ3L" />

<h3>Outlook for market rankings</h3>

Brisbane was not the only city to ‘shift ranks’ in December, with the median dwelling value in Perth inching above the median Hobart dwelling value in the month. Adelaide also surpassed the Hobart median earlier in 2023, making Hobart the second-lowest median across the capitals.

However, these new rankings may be tested in the months ahead. Brisbane remains a seller’s market, but the pace of monthly growth in values has eased slightly, from 1.5% in October 2023 to 1.0% in December. As home values in the city continue to rise, there is less claim to Brisbane being relatively affordable, and some prospective interstate movers may decide to remain in their city. Recent weeks have also demonstrated there is some added risk to pockets of the Brisbane property market from extreme weather and flooding, which could impact demand in the near term.

Overall, the data reinforces the substantial impact that the pandemic has had on housing preferences, and shifting market dynamics.&nbsp;

Brisbane was not the only city to ‘shift ranks’ in December, with the median dwelling value in Perth inching above the median Hobart dwelling value in the month

Brisbane's median dwelling price overtakes Melbourne after staggering price growth: CoreLogic

The boom of the Gold Coast off the plan apartment market continued in 2023, with some agents reporting they secured more enquiry in sales even compared with 2022.

While not as strong as enquiry from 2020 and 2021 during the pandemic, there was still significant purchasing numbers from the southern state for the mid-level stock, around the $1.5 million mark. Those buyers are either pre-retirees looking to move north in the future, or those who will move up on completion of the development.

Locals have buoyed the market in 2023, feeling like they have more of a chance compared with 2021 and 2022 when southern money quickly snapped up most of the sought-after apartments.

2024 is shaping up to be another strong year on the Gold Coast, with supply still an overarching factor in forecasted price growth.

Downsizers and rightsizers made up the most of enquiry in 2023, with first home buyers all but priced out of quality stock near the sand.

We've looked at Apartments.com.au data to look at which were the most sought-after suburbs for downsizers and rightsizers in 2023.

<h2>Mermaid Beach</h2>

The millionaire's playground of <a href="/developments/mermaid-beach-qld-4218">Mermaid Beach</a> continues to attract downsizers and rightsizers whenever there's a new development, given the opportunity to develop in the pricey suburb is at a premium.

DANKAV's <a href="/new-apartments/laani-26-28-alexandra-avenue-mermaid-beach">LAANI</a> Mermaid Beach on Alexandra Avenue was a favourite for next home buyers. The 48 apartments across an 18-level building presented itself as boutique, but large enough to have significant residential amenity to service the building.

[smartcode_project:default project_id=6997 project_image_fid=185191]

Starting at $1,150,000 for two-bedroom units and $1.75 million for three-bedroom residences, LAANI's amenities sit on level seven and include a heated lap pool, gym, sauna, cinema room, shared office space, private dining, and an outdoor lounge with barbecue facilities.

Around 60 per cent of LAANI's apartments are sold.

Construction is underway, and is expected to be complete by the end of 2024.

[smartcode_project:default project_id=6997 project_image_fid=185664]

Mermaid Beach's only other high-rise development in <a href="/new-apartments/yves-mermaid-beach-7-9-mermaid-avenue-mermaid-beach">Yves</a> Mermaid Beach, which is all but sold out following the conditional sales of their penthouse and sub penthouse just before Christmas.

The apartments, which sold for $6 million and $5.5 million respectively, were secured by local Gold Coast downsizers, one who already resided in Mermaid Beach.

The Rothelowman-designed development, <a href="/developers/hirsch-faigen">Hirsch &amp; Faigen</a>'s third in the Gold Coast after <a href="/buildings/hemingway-1267-1273-gold-coast-highway-palm-beach">Hemingway</a> at Palm Beach and <a href="/buildings/emerson-kirra-100-musgrave-street-coolangatta">Emerson</a> at <a href="/developments/kirra-qld-4225">Kirra</a>, has continually garnered significant interest since it launched to the market at the start of 2022.

[smartcode_project:default project_id=102451 project_image_fid=194832]

The development features a north-facing swimming pool, yoga deck, gym, sauna, recreation lounge, and barbecue seating.

Apartments at Yves are priced from $1.05 million to $1.3 million.

Queensland’s largest and most reputable builder, <a href="/builders/hutchinson-builders">Hutchinson Builders</a>, anticipates a late-2024 completion date.

<h2>Surfers Paradise</h2>

<a href="/developments/surfers-paradise-qld-4217">Surfers Paradise</a> is popular with every kind of buyer, from first home buyer and investor to rightsizer and downsizer.

The majority of next home buyer interest came at <a href="/new-apartments/florian-surfers-paradise-42-monaco-street-surfers-paradise">Florian</a>, quietly outside of the central hub of Surfers on the river on Monaco Street.

The development, by <a href="/developers/pacifico-investments">Pacifico Investments</a>, comprises just&nbsp;45 two and three-bedroom apartments across 17 levels. Pacifico went back to the drawing board during the sales process after identifying the demand from the downsizer and rightsizer market for two-bedroom apartments with a multi-purpose room, as well as larger three-bedroom units.

[smartcode_project:default project_id=7349 project_image_fid=207395]

Embracing a French Riviera theme, prominent interior design firm <a href="/interior-designers/coco-republic-interior-design">Coco Republic</a> curated the apartment interiors with light, coastal tones.

There was also next home buyer interest at 26 <a href="/new-apartments/vista-surfers-paradise-26-vista-street-surfers-paradise">Vista</a>, the 51-level tower on Vista Street by <a href="/developers/mrcb">MRCB</a>.

<a href="/project-marketer/urban-activation">Urban Activation</a> Sales Director Matt George said there were around 140 sales in the sustainable building in 2023, with both prices and enquiry rising from 2022 levels.

[smartcode_project:default project_id=112730 project_image_fid=211248]

One street back from&nbsp;the sought-after Northcliffe Beach, 26 Vista will have 280 apartments and six three-storey townhouses that front Northcliffe Light Rail Station.

<a href="/architects/dbi">DBI</a>'s design incorporates&nbsp;an internal wellbeing precinct featuring a spa, gym, outdoor yoga space, pool, sauna and steam room and a residents lounge.

<h2>Chevron Island</h2>

Chevron Island's rise in popularity among downsizers is a testament to its status as a hidden gem on the Gold Coast.&nbsp;

The highly sought-after $135 million <a href="/new-apartments/tapestry-chevron-island-39-darrambal-street-chevron-island">Tapestry</a> project by <a href="/developers/siera">Siera Property Group</a>, which commenced construction last September, reflects the surging demand in the area. Initially marketed as a 22-storey tower, the Tapestry project expanded to incorporate five additional levels, totalling 113 units, to meet market demand in the area.

[smartcode_project:default project_id=108641 project_image_fid=192961]

Designed by local architecture firm <a href="/architects/bda-architecture">BDA</a>, the sculptural tower aims to be a 'cultural continuation' of the neighbouring HOTA precinct.

Located on Darrambal Street near the HOTA precinct, Tapestry benefits from its strategic location, attracting owner-occupiers, particularly downsizers seeking easy access to shops, leisure facilities, and public transport.

[smartcode_project:default project_id=108641 project_image_fid=205166]

Within Tapestry, residents will enjoy the rooftop amenity, set to rival the best on the Gold Coast, featuring a private dining space, which can be closed off to the rest of the rooftop, an infinity pool with views across Surfers Paradise, a gym, and outdoor lounge areas.

Prospective homebuyers still have the opportunity to secure a residence at Tapestry, with two and three-bedroom apartments available starting at $939,900. The completion of Tapestry is slated for July 2025.

The nearby Chevron One has also been popular with rightsizers and downsizers given its uniqueness on Chevron Island. It's set to be the tallest tower the island will ever see, given it was launched and construction had started before the COVID-induced build and labour cost rise.

[smartcode_project:default project_id=6515 project_image_fid=167320]

The project, by Melbourne developer Bensons, will rise 41 levels and will home around 230 apartments when it's completed in 2025. The Marchese Partners-designed building features a raft of resort-style amenity, over 2,000 sqm, far surpassing any other development on the Gold Coast. The Club One residents’ lounge, floating cinema, sculptured gardens and dining facilities.

<h2>Main Beach</h2>

A little like Mermaid Beach, <a href="/developments/main-beach-qld-4217">Main Beach</a> sees an affordable multi-residential development, which is one of the contributing reasons of the success of Drew Group's <a href="/new-apartments/lagoon-main-beach-11-23-cronin-avenue-main-beach">Lagoon Main Beach</a>.

Lagoon Main Beach,&nbsp;two towers centred around a lagoon pool on Cronin Avenue, has been Main Beach's most popular project for a number of years.

[smartcode_project:default project_id=108747 project_image_fid=221589]

The two towers Sunrise and Sunset comprise 259 apartments with extensive&nbsp;podium-level amenities including a barbecue garden, a fully equipped function lounge, a fitness centre with a connected yoga terrace, and a 24/7 network-connected boardroom designed for flexible co-working needs.

There was a recent flurry of sales, the majority to southern state dwellers, who were buying the expensive two-bedroom and three-bedroom apartments with a view to move to Main Beach once the project is completed by Hutchies in late 2025.

[smartcode_project:default project_id=108747 project_image_fid=191661]

Lagoon's prime location in the heart of Main Beach provides residents with easy access to the beach just 150 metres away and the famous Tedder Ave, known for its quality restaurants, cafes, and boutique shops.

<h2>Broadbeach</h2>

<a href="/developments/broadbeach-qld-4218">Broadbeach</a> is seeing a boom in popularity as a mix of high-rise, amenity-laden apartment projects are mixed with luxury, full-floor projects for the more affluent buyer. The suburb offers something for everyone.

Catching all segments of the market, particularly next home buyers who want everything at their doorstep, has been <a href="/new-apartments/victoria-albert-broadbeach-20-albert-avenue-broadbeach">Victoria &amp; Albert</a>, the mega-precinct by Iris Capital.

[smartcode_project:default project_id=107928 project_image_fid=241133]

Over 50 per cent of the 400 apartments have been snapped up on the site of the former Niecon Plaza. The apartment towers will rise above a significant $200 million commercial precinct at the foot of the building, with residents of V&amp;A afforded direct access to the heart of it.

As expected in a large-scale development, V&amp;A features a range of resort-style amenities, including a 25-metre lap pool, spa, steam room, Zen garden, yoga deck, resident's lounge, and a kids' club area with a playground, all surrounded by sub-tropical gardens.&nbsp;

[smartcode_project:default project_id=107928 project_image_fid=234095]

A popular new project that's just hit the market in Broadbeach is <a href="/builders/morris-property-group">Morris Property</a>'s <a href="/new-apartments/crest-broadbeach-13-armrick-avenue-broadbeach">Crest Broadbeach</a> on Armrick Avenue, designed for the owner-occupier.&nbsp;

The 40-level tower offers 182 two and three-bedroom apartments by Canberra-based architecture firm <a href="/architects/guida-moseley-brown-architects">Guida Moseley Brown</a>.&nbsp;

[smartcode_project:default project_id=112024 project_image_fid=241133]

Crest Broadbeach's extensive amenities on the podium's second level include a pool, gym, lounge space, and a communal barbecue area, all wrapped with terraces featuring seating and dining areas.&nbsp;

The strategic location, situated across from the Broadbeach Bowls Club, not only ensures proximity to amenities but also offers protected views to the south, making it an appealing prospect for downsizers and rightsizers.

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