<a href="https://www.apartments.com.au/developers/s-p-setia">SP Setia</a> has lodged plans for a $750 million, three-tower mixed-use precinct that would complete the long-running redevelopment of Carlton's former Carlton United Breweries site.

The proposal at <a href="https://www.apartments.com.au/new-apartments/185-195-queensberry-street-carlton-vic-3053">46-78 Bouverie Street and 185-195 Queensberry Street</a> spans a 6,468 sqm site, the last remaining undeveloped parcels within the former brewery's 2007 masterplan.

Designed by <a href="https://www.apartments.com.au/architects/cox-architecture">COX Architecture</a>, the development will comprise two purpose-built student accommodation towers and a third build-to-sell apartment tower above a shared commercial podium and basement.

Across the three towers, SP Setia is proposing 606 build-to-sell apartments and 1,499 student accommodation units containing 2,009 beds.

The apartments will sit in the tallest tower, which will rise nearly 200m and 55 storeys. It will become&nbsp;one of the more substantial new build-to-sell apartment projects at the northern edge of Melbourne's CBD.

The apartment mix is weighted toward smaller inner-city product, with 188 studios, 206 one-bedroom apartments, 192 two-bedroom apartments and 20 three-bedroom apartments

<img alt="First look: SP Setia plans three-tower finale for Carlton’s former CUB precinct" data-entity-type="file" data-entity-uuid="8271bc87-1b0a-41b7-ac73-a425ee375261" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/3_2.png?VersionId=G4lw23o90B1boX4k4dj7rdz2ZEajS9wy" />

Part of the precinct will be a large-scale&nbsp;3,684 sqm supermarket and a further 2,198 sqm of speciality retail, creating close to 5,900 sqm of new commercial space within the precinct.

But one of the biggest components of the proposal is what sits between the buildings.

Around 4,650 sqm, or roughly 72 per cent of the site, will be publicly accessible open space, incorporating plazas, pedestrian connections, landscaped laneways and retail spill-out areas.

The ground plane is intended to finally complete pedestrian connections envisaged when the CUB masterplan was first approved nearly two decades ago, stitching together Victoria Street, Queensberry Street, Bouverie Street and Swanston Street through the former brewery precinct.

Urbis said the development would "complete the CUB precinct", with the public realm providing important north-south and east-west connections through what is currently the final undeveloped portion of the masterplanned site.

SP Setia is also exploring a new linear park within the Bouverie Street road reserve, with the concept to be developed further with the City of Melbourne through the planning process.

The proposal is being pursued through the Victorian Government's Development Facilitation Program under Clause 53.23 for significant residential development with affordable housing.

The planning report acknowledges the proposed heights exceed those contemplated under the original Comprehensive Development Plan and masterplan, but argues the built-form context has changed considerably over the past two decades.

Urbis said the three towers would instead create a stepped transition between Carlton and the Hoddle Grid, rising progressively from the 94.1-metre Tower One along the Queensberry Street edge to the 199.44-metre Tower Three closer to the established CBD-scale buildings to the south.

<img alt="SP Setia" data-entity-type="file" data-entity-uuid="e885a07a-592c-40fc-bf82-e6dbaf32da54" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-21%20at%208.52.24%E2%80%AFAM.png?VersionId=7s_ErUkSKAdY1mAWp3GRZgMNCGtwhk5m" />

SP Setia plans to deliver the development across three stages.

Stage One would deliver the basement, podium and retail areas for the entire precinct alongside the first student tower. Tower Two would follow in Stage Two, before the 606-apartment Tower Three is delivered as the final stage.

If approved and delivered, the project would close out a redevelopment process that has been underway since the former brewery masterplan was approved in 2007, adding more than 2,600 student beds and apartments to a precinct already home to Swanston Central, the Barak Building, RMIT Design Hub and several large student accommodation developments.

&nbsp;

&nbsp;

Joel Robinson

SP Setia plans three-tower finale for Carlton’s former CUB precinct

Melbourne developer Lowe Living is seeking to add to its growing bayside apartment pipeline, filing plans for a boutique eight-residence development in tightly held Middle Park.

Lowe Living, which has built much of its development portfolio across Melbourne's affluent bayside and south-east suburbs, is behind the plans for the 730 sqm site at <a href="https://www.apartments.com.au/new-apartments/123-125-erskine-street-middle-park-vic-3206">123-125 Erskine Street</a>, just off Armstrong Street and within the Armstrong Street Neighbourhood Activity Centre.

The developer is seeking approval for a five-storey residential building above two basement levels, with just eight large-format apartments and 18 car spaces.

“This is a deliberately very different proposition for us,"&nbsp;Tim Lowe, Co-Founder of Lowe Living, said.

"Eight residences is exceptionally boutique, but that's precisely what this site calls for.

“There is a strong community in Middle Park and the surrounding suburbs who have spent decades building a life here. They no longer want the maintenance of a large period home, but they aren't prepared to compromise on space, quality or location. We think there is a real opportunity to capture that hyper local market. A site like this rarely comes to market.”

<img alt="Lowe " data-entity-type="file" data-entity-uuid="875fe572-0f14-4d90-9e11-55b28dd07731" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-21%20at%208.42.49%E2%80%AFAM.png?VersionId=GDNQRv9BfpR9r1zkZ5UDyUM4ZvpIksut" />

The low-density proposal has been designed by Cera Stribley and is being progressed through the Victorian Government's Great Design Fast Track pathway, having already secured eligibility from the Minister for Planning.

The Office of the Victorian Government Architect supported its eligibility after finding the proposal demonstrated consistency with the program's seven design principles, while the project's financial feasibility has also been independently confirmed by Invest Victoria.

The project is targeting the downsizer market, with the planning documents describing the homes as larger-format residences and noting the two penthouses could otherwise have been configured as four separate apartments.

<img alt="Lowe 2" data-entity-type="file" data-entity-uuid="60ab0987-2da6-4175-adac-315dcf6053c6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-21%20at%208.43.15%E2%80%AFAM.png?VersionId=bOCPH0B2MFwlmaRW.TTCF9TzyifgVoQI" />

The site has dual frontage to Erskine Street and Canterbury Place and currently comprises a collection of commercial buildings used as offices, including a former heritage bakehouse, a former stable, a later gabled addition and a central courtyard.

It sits within the Commercial 1 Zone and the Armstrong Street Commercial Precinct heritage overlay, with the existing property classified as a contributory heritage place.

Heritage has subsequently played a significant role in Cera Stribley's design.

The front section of the former bakehouse facing Erskine Street will be retained, including its return walls, street-facing hipped roof and chimneys, while the Erskine Street façade and part of the western return wall of the former stable will also be incorporated into the new development.

Levels four and five will be set back five metres from the retained stable façade, while bricks removed through demolition are proposed to be salvaged and reused within the new building where possible.

<img alt="Lowe 3" data-entity-type="file" data-entity-uuid="e97927a9-a2de-4a0f-83b6-65451238abfa" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-21%20at%208.43.06%E2%80%AFAM.png?VersionId=VR44AChLrX9q1XPB9GvVQV.ALXXbe4gC" />

Rather than presenting as a single five-storey building to Erskine Street, Cera Stribley has broken the development into a series of distinct forms.

A three-storey infill element will sit between the retained bakehouse and stable façades, with the upper levels recessed behind the heritage fabric. Canterbury Place will similarly feature two three-storey podium forms, separated by a central pedestrian accessway, before the upper two levels step back from the street.

A pedestrian through-link will run through the centre of the project between Erskine Street and Canterbury Place, creating entrances from both sides of the site and introducing landscaping and communal areas through the ground plane.

Landscape architect Acre has designed planting across the ground level, private terraces and upper levels, including a feature canopy tree at level three and integrated planting and arbours across the level four terraces. Five existing Erskine Street trees are proposed to be retained.

Sustainability is also a significant component of the Great Design Fast Track application. The apartments are targeting an average eight-star NatHERS rating, with no residence below 6.5 stars, while the project has achieved a 75 per cent BESS score. Seven of the eight apartments are designed for cross-ventilation, with the remaining residence using mechanically assisted natural ventilation.

The plans also incorporate an 8kWp rooftop solar system, a 5,000-litre rainwater tank and infrastructure allowing future electric vehicle charging for every residence.

Lowe has a strong portfolio across Melbourne's blue-chip suburbs. They recently launched <a href="https://www.apartments.com.au/new-apartments/jardin-house-by-lowe-living-camberwell-335-camberwell-road-camberwell-vic-3124">Jardin House by Lowe Living</a> in Camberwell, their first development in the Stonnington LGA.

Lowe Living unveils Middle Park apartment development

Article summary

<ul data-end="888" data-start="289">
	<li data-end="442" data-section-id="8tsh6o" data-start="289">DVB Projects is preparing to launch its second Gold Coast apartment development, with demolition now underway at 137 Old Burleigh Road, Broadbeach.</li>
	<li data-end="573" data-section-id="1nyxl3e" data-start="443">The 34-level tower will comprise just 49 ultra-luxury residences, including half-floor, full-floor and penthouse apartments.</li>
	<li data-end="717" data-section-id="oiyimj" data-start="574">The launch follows strong demand at DVB's nearby Sea Glass project, which is more than 50 per cent sold and currently under construction.</li>
	<li data-end="888" data-section-id="epk9o9" data-start="718">The development adds to the transformation of Old Burleigh Road, with premium beachfront apartment projects continuing to reshape the tightly held Broadbeach strip.</li>
</ul>

<a href="https://www.apartments.com.au/developers/dvb-projects">DVB Projects</a> is preparing to launch its second Gold Coast apartment development, with demolition now underway on the Broadbeach site as the Sydney developer moves closer to bringing the ultra-luxury project to market.

The 34-level tower at <a href="https://www.apartments.com.au/new-apartments/137-old-burleigh-road-broadbeach-qld-4218">137 Old Burleigh Road</a> will comprise just 49 residences, ranging from half-floor apartments through to full-floor homes and a penthouse. The launch follows the strong sales performance of DVB's nearby Sea Glass development. More than half of the apartments at Sea Glass, on the other side of Broadbeach, have been snapped up, well ahead of its late 2027 completion

<img alt="DVB Projects to commence demolition on $320m Broadbeach luxury tower" data-entity-type="file" data-entity-uuid="2944b4be-c84e-4b54-8dc1-c712e76704c0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/E02_Exterior_Street%20Level%20Entrance.jpg?VersionId=YoNig7pRdrE3HCue7sUj78LzJteeQf3H" />

The start of demolition at 137 Old Burleigh Road signals DVB Projects’ underlying confidence in the Gold Coast’s luxury beachside apartment sector.

“We see the Gold Coast as one of the most compelling lifestyle markets in Australia, particularly at the premium end where demand continues to deepen,” said Dean Brown, Managing Director of DVB.&nbsp;

“This project has been carefully designed to respond to that demand - delivering large-format residences with a level of quality, privacy and amenity that is still relatively rare in the apartment market on the beachside."

Brown says the site itself is "exceptional."

"Old Burleigh Road is one of the most tightly held beachfront strips, and opportunities to deliver a project of this scale and calibre in this location are extremely limited.”

<img alt="DVB Projects to commence demolition on $320m Broadbeach luxury tower" data-entity-type="file" data-entity-uuid="398f377a-c037-455e-9250-0c5e0d84c35b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/I12_FF%20Balcony.jpg?VersionId=NwOiRWGMubR1c8wthuEfggklcja7al9." />

The project will comprise 40 half-floor residences of approximately 260 sqm, alongside eight full-floor residences spanning around 524 sqm.

A single penthouse will crown the building, featuring a private pool, barbecue area, indoor gym and dedicated entertaining spaces.

Residents will have access to a resort-style suite of amenities, including a 20-metre pool with daybeds, a gymnasium, hot and cold plunge pools, a sauna, and private residents’ lounge and dining facilities.

<img alt="DVB Projects to commence demolition on $320m Broadbeach luxury tower" data-entity-type="file" data-entity-uuid="d1642bb0-9a66-4427-a022-dfc0988c6287" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/A02_Pool%20to%20View.jpg?VersionId=c0IXPyn_Gp_Kn3XCwzMrqIVkAdCEwVXP" />

Sales agent Todd Matheson, of <a href="https://www.apartments.com.au/project-marketer/pezet-matheson">Pezet Matheson</a>, which is marketing both 137 Old Burleigh Road and Sea Glass, said 137 Old Burleigh Road would address a clear gap in the market for genuine luxury products.

“There are very few opportunities on the Gold Coast where buyers can secure a residence of this size and quality in a new building,” Matheson said.

“What we’re seeing is a growing cohort of downsizers and interstate buyers who still want space - they’re not willing to compromise on living area, entertaining or finishes.

“This project has been designed with that buyer in mind. It offers the scale of a home, combined with the convenience and security of apartment living, in one of the coast’s most desirable positions.”

<img alt="DVB Projects to commence demolition on $320m Broadbeach luxury tower" data-entity-type="file" data-entity-uuid="59aae0ca-5639-4320-8aca-d0bf60f48e43" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/E01_Exterior%20Hero.jpg?VersionId=DS8Zfy2WtgUEtdfe0TEUuf1W1GfcZq8S" />

Located on a 1,156 sqm site one block from the beachfront, the development will replace an ageing walk-up building and is expected to contribute to the ongoing transformation of the Old Burleigh Road strip into one of the Gold Coast’s most prestigious residential corridors.

With the development moving into the delivery phase, 137 Old Burleigh Road is slated to hit the market later this year.

[smartcode_project_cta:default project_id=145141]

DVB Projects to launch second Broadbeach apartment tower as demolition commences

<a data-end="327" data-is-only-node="" data-start="250" href="https://www.apartments.com.au/developers/norus-projects" rel="noopener" target="_new">Norus Developments</a> has lodged plans for a new apartment development in Clayton that would add further momentum to the suburb's emerging Green Street corridor.

Plans have been lodged for the consolidated site at <a href="https://www.apartments.com.au/new-apartments/1359-1365-centre-road-clayton-vic-3168">1359-1365 Centre Road</a>, where Norus is seeking approval for 218 apartments across a 12-storey apartment building designed by <a href="https://www.apartments.com.au/architects/life-architecture-and-urban-design">Life Architecture</a>.

The proposal sits within the Clayton Major Activity Centre at the threshold of the planned Green Street corridor, a landscaped pedestrian connection intended to improve links through the precinct towards Clayton Railway Station.

The development would replace the site's existing collection of low-scale residential and commercial buildings with a single consolidated building, introducing significantly greater housing density to this part of Centre Road.

A retail tenancy is proposed at ground level to activate the Centre Road frontage, accompanied by transparent street interfaces and landscaping intended to create a more pedestrian-focused edge to the development.

<img alt="First look: Norus Developments plans landscape-led apartment project for Clayton’s emerging Green Street" data-entity-type="file" data-entity-uuid="0a5a763a-d9e9-4253-af2f-88008de27ebf" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Clayton%20a.png?VersionId=S2WJJbat1XVkZwB9SnYtygirXgWHiklX" />

The building has been designed with stepped massing and upper-level setbacks to manage its transition towards surrounding residential properties. The planning report describes the approach as one that integrates the building into the landscape rather than treating landscaping as a secondary element.

"A strong landscape and public realm strategy underpins the proposal," Urbis states in the planning report.

"Public benefits include an affordable housing contribution, a new pocket park, generous landscaped setbacks, deep soil planting and integrated Water Sensitive Urban Design."

The report adds that these elements are intended to create "a permeable, pedestrian-focused ground plane that enhances walkability, supports urban cooling and reinforces the emerging Green Street character."

Biophilic and passive design principles extend through the residential levels, with planting, daylight, natural ventilation and views towards landscaped areas forming part of the amenity strategy.

Parking would be concentrated away from the public realm, with 145 car spaces proposed from the rear laneway rather than dominating the Centre Road frontage.

The proposal follows an extensive pre-application process with the City of Monash. Three formal meetings were held between the project team and Council from December 2025 to March 2026, with the scheme evolving through several concept iterations before the current design was lodged.

The project arrives as Clayton prepares for substantial change around its established activity centre and the wider Suburban Rail Loop precinct. Its position on Centre Road places the development within an existing concentration of shops, services and public transport, while the Green Street connection is intended to strengthen pedestrian access towards Clayton Railway Station.

First look: Norus plans landscape-led apartment project for Clayton’s emerging Green Street

<a href="https://www.apartments.com.au/developers/gardner-vaughan-group">Gardner Vaughan Group</a> has officially commenced construction on Bronze on Chevron, celebrating the sod turning of its first-ever Gold Coast development and marking a significant milestone in the company's continued expansion across South East Queensland.&nbsp;

Following the successful delivery of premium residential developments throughout Brisbane and the Sunshine Coast, <a href="https://www.apartments.com.au/new-apartments/bronze-on-chevron-8-mawarra-street-chevron-island-qld-4217">Bronze on Chevron</a> represents Gardner Vaughan Group's entry into the Gold Coast market. Bronze will deliver 119 one, two, three and four-bedroom apartments above two ground-level retail tenancies.

[smartcode_project:default project_id=107520 project_image_fid=367193]

The recent sod turning ceremony was attended by Deputy Mayor Mark Hammel, President of the Surfers Paradise Surf Life Saving Club, Cassandra Sedgman, project consultants, purchasers, project partners and invited guests to celebrate the commencement of construction.&nbsp;

Gardner Vaughan Group Chief Executive Officer Simon Betteridge said Bronze on Chevron represented an exciting new chapter for the business.&nbsp;

"We've spent almost four decades building homes that respond to the way people want to live, and we're excited to bring that experience to <a href="https://www.apartments.com.au/developments/chevron-island-qld-4217">Chevron Island</a>," Betteridge said.

"Bronze on Chevron is particularly significant because it marks Gardner Vaughan Group's first development on the Gold Coast following many successful projects across Brisbane and the Sunshine Coast."

[smartcode_project:default project_id=107520 project_image_fid=367183]

Betteridge said the ground breaking is a proud moment for the&nbsp;team and their purchasers, who can now see their future homes beginning to take shape.&nbsp;

"As both developer and builder, we're able to oversee every aspect of the project from design through to construction, ensuring the quality and attention to detail Gardner Vaughan Group has become renowned for."&nbsp;

Designed by acclaimed architectural practice <a href="https://www.apartments.com.au/architects/cottee-parker-architects">Cottee Parker</a>, Bronze on Chevron has been thoughtfully designed to complement Chevron Island's evolving streetscape while embracing its relaxed coastal lifestyle.

The development will offer generous residences with refined interiors, premium finishes and resort-style amenities, with completion anticipated in early 2029.&nbsp;

[smartcode_project_cta:default project_id=107520]

The development will offer generous residences with refined interiors, premium finishes and resort-style amenities, with completion anticipated in early 2029

Gardner Vaughan Group breaks ground on first Gold Coast development, Bronze on Chevron

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

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

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

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

Every First Home Owner Grant for new property by state

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

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

Staff Writer

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

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

alisonwarters@gmail.com

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

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

Ellen Walker

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

A young Brisbane developer has unveiled the only downsizer project in The Gap.

Construction is already well advanced on Adpen’s new boutique estate, <a href="/developments/forest-glen-qld-4556">Nature’s Edge</a>, offering a rightsizing opportunity in a suburb dominated by large family homes.&nbsp;

Nature’s Edge comprises just nine architecturally designed homes close to bushland with the choice of three or four bedrooms and high-quality fixtures and finishes, located only eight kilometres from the <a href="/developments/brisbane-qld">Brisbane</a> CBD and priced from $1.15 million.

As the only new downsizer development currently underway in the premium pocket, Nature’s Edge will also help to free up existing housing stock for families previously locked out of The Gap market.&nbsp;

<img alt="Brisbane developer bridges the gap for downsizers - Courtyard" data-entity-type="file" data-entity-uuid="e6b404a9-14ec-48b6-bea3-93a1987215c5" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Lot%202%20-%205%20Courtyard%20Seating_0.jpg?VersionId=Al0dF3XS6oXQ_9_1MMN9147v6RYyImTU" />

Adpen Managing Director Adam Pennisi said Nature’s Edge encouraged empty nesters to embrace downsizing in a close-knit community they knew well and did not want to leave.&nbsp;

“The Gap has been long underserviced in terms of downsizer-friendly homes, meaning older residents were either forced to stay in their current houses or move away from the place they love to find a more suitable home,” Pennisi said.&nbsp;

“I am a young developer but have parents reaching the downsizer stage of life and understand what they’re looking for – the chance to enjoy all the benefits of a brand-new home without the burden of high maintenance."&nbsp;

With the downsizing trend accelerating, The Gap real estate expert Lee Dwyer said there was a desperate need for increased housing options to accommodate the growing population of seniors, projected to reach 6.66 million Australia-wide by 2041.&nbsp;

“The Gap is a highly sought-after location for buyers and we have noticed many seniors want to stay in the community they have planted roots with their children and grandchildren,"&nbsp;Dwyer said.

"Previously, having minimal downsizer stock, this demographic has had to move away. In order to future-proof Brisbane’s property market, developers need to meet this vital housing need, which in turn, provides an entry point for other buyers to get into the property &nbsp;market.”&nbsp;

<img alt="Brisbane developer bridges the gap for downsizers - Dining Kitchen" data-entity-type="file" data-entity-uuid="32f2acf8-a700-4398-875f-1179a773f2d3" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Lot%201%20Dining%20and%20Kitchen.jpg?VersionId=zcDQ5r8ATaqNl33xS.eZHY7nU1UVx8w6" />

Designed by architect Nigel Fitton, Nature’s Edge is an exclusive residential estate close to amenity.

The terrace-style homes provide up to around 220 sqm of indoor and outdoor spaces with two bathrooms, walk-in robes, ducted air conditioning, and 2.7m high ceilings.

With $200 million worth of projects in the pipeline, Adpen is focused on providing the best solutions for south-east Queensland’s housing crisis, along with bespoke commercial and childcare developments.&nbsp;

[smartcode_project_cta:default project_id=143684]

Adpen Managing Director Adam Pennisi said Nature’s Edge encouraged empty nesters to embrace downsizing in a close-knit community they knew well and did not want to leave

Brisbane developer Adpen reveals downsizer-targeted community in The Gap

Family-owned builder developer Xsite Group has revived its plans for a luxury beachfront apartment tower on Surfers Paradise's most sought-after beachfront strip.

The Sydney-based developer, who has projects in Queensland, Victoria and the Middle East, has just launched <a href="/new-apartments/arc-residences-northcliffe">Arc Residences</a>, 39 high-end apartments across a 25-level glass-swathed tower designed by another Sydney-based company, architecture firm <a href="/architects/mosca-pserras-architects">Mosca Pserras Architects</a>.

Ray White Projects is marketing the apartments which start from just shy of $4 million.

[smartcode_project:default project_id=111652 project_image_fid=257252]

The tower will rise from&nbsp;9-11 Garfield Terrace, a site which had been for nearly five decades the home of the 1970s Anglesea Court complex.

It will home 39 half and full-floor three and four-bedroom apartments overlooking the popular Northcliffe Beach. The interiors have been amended, now providing "barefoot luxury".

The 217 sqm, half-floor apartments each have a kitchen with Gaggenau appliances and a scullery, as well as three ensuited bedrooms, a dining room with a dry bar, and a beach-facing balcony.

[smartcode_project:default project_id=111652 project_image_fid=257251]

The four-bedroom apartments have 434 sqm of space and start from $8,825,000.

&nbsp;

Two levels in the building have been reserved solely for resident amenity in the form of a beachfront pool and cabanas, dual kitchen and catering rooms with private dining facilities, work-from-home office space, a cinema room, designated dog wash, and a wellness hub with gym, sauna and treatment room.

Arc Residences is slated for completion in November 2026.

[smartcode_project_cta:default project_id=111652]

The tower will rise from 9-11 Garfield Terrace, a site which had been for nearly five decades the home of the 1970s Anglesea Court complex

Garfield Terrace apartment project revived as Arc Residences launched on Surfers Paradise beachfront

Shayher Group's recently completed Indooroopilly townhouse development Long Pocket represents a rare opportunity for buyers to purchase a townhouse on Brisbane River.

Their <a href="/buildings/long-pocket-75-jacaranda-place-indooroopilly">Jacaranda Place development</a> of just 45 four-level townhouses has brought much-needed supply to the townhouse market in&nbsp;<a href="/developments/indooroopilly-qld-4068">Indooroopilly</a>. The latest census data shows less than eight per cent of dwellings in the riverside suburb at townhouses.

What's rarer still is the project is nestled between two golf clubs, St Lucia Golf Links and the Indooroopilly Golf Club, as well as being located right on the Brisbane River.

[smartcode_project:default project_id=95798 project_image_fid=198389]

The completed Long Pocket community by <a href="/developers/shayher-group">Shayher Group</a>&nbsp;has been popular with downsizers who want a lower maintenance lifestyle while retaining the space, as well as young families wanting to be in the Indooroopilly school zone.

Long Pocket comprises 45 townhouses divided into two distinct collections: the Rainforest Collection positioned beside Jacaranda Place Reserve and the Riverview Collection overlooking the <a href="/new-townhouses/brisbane-qld">Brisbane</a> River.&nbsp;

&nbsp;

[smartcode_project:default project_id=95798 project_image_fid=198390]

Each townhouse in Long Pocket boasts a thoughtfully designed layout, starting with a dual garage and storage, a spacious entry lobby, a laundry area, and a powder room on the ground level.&nbsp;

The middle level features an open-plan living and dining area leading out to an entertaining balcony.

The heart of the home is the galley kitchen which features with Carla Grigio stone benchtops, Gaggenau appliances, a fully integrated Fisher &amp; Paykel fridge freezer and a butler's pantry.

[smartcode_project:default project_id=95798 project_image_fid=156482]

The top level houses the master suite, complete with a walk-in robe and an ensuite featuring dual vanities, a separate bath, and a shower. There is also a second master suite, two bedrooms, and a main bathroom on the second level.

The townhouses surround an exclusive 22-metre resort-style ground pool, complemented by a sauna and a steam room.&nbsp;

[smartcode_project:default project_id=95798 project_image_fid=156480]

Residents are also just a short walk or buggy ride to two 18-hole golf courses, the St Lucia Golf Links and the Indooroopilly Golf Club.

Long Pocket's location places families in proximity to prominent educational institutions such as UQ's St Lucia campus, St Peters Lutheran College, Brigidine College, and Brisbane Boys' College.

[smartcode_project_cta:default project_id=95798]

Long Pocket comprises 45 townhouses divided into two distinct collections: the Rainforest Collection positioned beside Jacaranda Place Reserve and the Riverview Collection overlooking the Brisbane River

Why Shayher Group's Indooroopilly Long Pocket is a rare offering in Brisbane's leafy south-west

The third stage of <a href="/developers/cdl-australia">CDL Australia</a>'s townhouse development, Treetops at Kenmore, is now selling, representing one of the final chances to acquire a residence in the new sustainability and environment-focused community.

Upon completion, <a href="/new-townhouses/treetops-at-kenmore-20-margaret-court-kenmore">Treetops</a>&nbsp;will comprise 96 four-bedroom townhomes surrounded by Australian native landscaping and a natural canopy of Eucalypt treetops.

[smartcode_project:default project_id=108008 project_image_fid=213635]

The four-bedroom townhomes are designed to cater to modern family needs, with eight distinct four-bedroom designs giving a wide-range of floorplans for buyers to choose from&nbsp;

Each townhome features an open-plan living and dining area, a functional kitchen with marble-inspired natural stone benchtop and integrated Ilve appliances, as well a master suite with a large walk-in robe and a bright dual vanity ensuite. Some plans also include a separate media room and study.

[smartcode_project:default project_id=108008 project_image_fid=213639]

All townhomes come with either a deck or balcony along with a ground-level patio area to promote indoor-outdoor living.

Additionally, each home incorporates a 6.6KW solar PV system and an electric vehicle charging station—aligning with sustainable living practices.

Another significant aspect of Treetops at <a href="/developments/kenmore-qld-4069">Kenmore</a> is its commitment to the environment. The development includes an extensive 3100 sqm Environmental Green Zone along Moggill Road, where existing trees have been retained. There will also be 100 new native trees, 300 new shrubs, and 7000 ground cover plants planted across the 32,350 sqm community.

[smartcode_project:default project_id=108008 project_image_fid=213636]

The communal amenities at Treetops, include a central park space, a resort-style swimming pool, and a barbecue entertaining area.&nbsp;

Bike racks are conveniently located to encourage easy access around the community.

The final two stages are now selling, and are both expected to be complete in the coming months.

[smartcode_project_cta:default project_id=108008]

The final two stages are now selling, and are both expected to be complete in the coming months

Treetops at Kenmore townhouses soon to complete

Brisbane&nbsp;developer <a href="/developers/ausdev">AUSDEV</a> is nearing the completion of their <a href="/developments/nundah-qld-4012">Nundah</a> apartment development Eight on Eton, which only has a handful of apartments left for sale.

<a href="/buildings/eight-on-eton-nundah-8-eton-street-nundah">Eight on Eton</a>&nbsp;is down to its final few apartments, just two-bedroom units remaining which at $619,000 fall under the Queensland Government's expanded First Home Owner Grant which gives first home buyers a $30,000 grant for purchases under $750,000.

<a href="/developers/ausdev">AUSDEV</a> has also dished up an incentive for investors. They've guaranteed a five per cent rental return for the first year.

[smartcode_project:default project_id=14915 project_image_fid=215800]

All one and three-bedroom apartments have been snapped up by eager buyers who will be moving into the seven-level Eton Street building in mid-2024.

The interiors are designed to suit the modern lifestyle, featuring light-filled spaces, expansive outlooks and open-plan living.

Eight on Eton, situated amid Brisbane's affluent suburbs such as <a href="/new-apartments/clayfield-qld-4011">Clayfield</a> and <a href="/new-apartments/ascot-qld-4007">Ascot</a>, is a seven-floor tower housing a total of 49 apartments.

[smartcode_project:default project_id=14915 project_image_fid=179525]

Located in one of Brisbane's most well-connected suburbs, Eight on Eton offers easy access to public transportation, including trains and buses, as well as proximity to the M7 Tunnel and the nearby airport.

Its location, just eight kilometres from the <a href="/new-apartments/brisbane-qld">Brisbane</a> CBD, makes it an attractive choice for commuters and urban dwellers.

[smartcode_project_cta:default project_id=14915]

Last chance for $30k stamp duty savings at Nundah's Eight on Eton as completion approaches

Despite Brisbane's staggering price growth which has seen it overtake Melbourne in median dwelling value, there's still a strong appetite from first home buyers in the market, as long as there's a compelling enough price point to purchase.

There's <a href="/news/qld/stock-levels-shrink-toward-five-year-lows-in-brisbanes-off-the-plan-apartment-market-urbis-brisbane-apartment-market-insights-q4-2023">few developments being launched across Brisbane</a>, but those that do, and have competitive priced stock, are seeing strong demand from first home buyers because there tends to only be a handful of one-bedroom apartments in a building nowadays, with developers leaning towards two and three-bedroom units.

We've crunched the numbers and wrapped up the top five apartment developments that have drawn the interest of first home buyers so far in 2024.

<h2>Project: Ruby Ruby</h2>

<h3>Location: 12 Crombie Street, Milton QLD 4064</h3>

<h3>Developer: Kokoda Property</h3>

<a href="/developers/kokoda-property">Kokoda Property</a>'s Ruby Ruby will rise 21 levels from 12-18 Crombie Street and will comprise 144 apartments, ranging from 65 sqm to 155 sqm. Prices for <a href="/new-apartments/ruby-ruby-milton-12-crombie-street-milton">Ruby Ruby</a> start at $799,000.

Ranking first in Apartments.com.au's list of top enquiries by first home buyers for apartment developments in <a href="/new-apartments/brisbane-qld">Brisbane</a>, the feedback from the Urban community voted Ruby Ruby's amenities, floor plan designs, and great location as the development's key strengths.

The 144-apartment building will feature a wellness rooftop with a wet-edge swimming pool that spans the full width of the building. Completing the fitness component of the rooftop is a health and wellness space with a gym, infrared sauna, spa, plunge pool and yoga studio.&nbsp;

[smartcode_project:default project_id=139032 project_image_fid=232307]

Kokoda is also catering for the working-from-home trend with several meeting rooms on the ground level, while the podium will be home to a private dining and lounge area, a cinema room, and a billiards room.

The development will offer a variety of unit configurations, including 54 one-bedroom units, 77 two-bedroom units, 12 three-bedroom units, and two four-bedroom penthouses on the 20th floor.

Moreover, Ruby Ruby is ideally located just behind the <a href="/developments/milton-qld-4064">Milton</a> Train Station, a three-minute train to Roma Street Station. The site has also quickly garnered attention for its quirky cafe and brewery scene attracting young professionals.

<h2>Project: Panorama</h2>

<h3>Location: 37 Mayne Road, Bowen Hills QLD 4006</h3>

<h3>Developer: Arden Group</h3>

<a href="/buildings/panorama-bowen-hills-37-mayne-road-bowen-hills">Panorama</a>, made up of 256 one and two-bedroom apartments over 25 levels designed by <a href="/architects/arqus-design">Arqus Design</a>, is more than competitively priced when put next to comparable apartment developments in Brisbane.

Suited to both investors and first-home buyers, the ready-to-move-in-apartments start from an affordable price of $495,000 for a one-bedroom, one-bathroom unit.

Just over two kilometres from the Brisbane CBD and less than 10-minute walk to some of Brisbane’s best retail, commercial and employment hot spots, Panorama sits in a desirable location.

[smartcode_project:default project_id=7711 project_image_fid=192988]

The building is also located 200 metres from Bowen Hills Station and a 10-minute ride to the Brisbane airport.

On the ground level, Panorama provides residents with convenient retail services, while on level five, the Panorama Retreat features an exclusive resort level, including a lap pool with an adjoining plunge pool, Zen garden, a landscaped north-facing ‘quiet zone,’ barbecue, entertainment terrace, gym facilities and sauna.

The Panorama Skydeck crowns the building and features&nbsp;private nooks, a cinema, bar, and kitchen.

<h2>Project: Wattlebrush Gardens</h2>

<h3>Location: 14 Wattlebrush Court, Park Ridge QLD 4125</h3>

<h3>Developer: Property &amp; Equity</h3>

<a href="/developments/park-ridge-qld-4125">Park Ridge</a> is a peaceful, low-crime rate, strategically positioned suburb with significant potential, despite being 30 kilometres from the Brisbane CBD.

The Council envisions the area as a highly desirable place to live and work, taking advantage of its natural assets, especially with the recent upgrade of the Mt Lindesay Highway.

One developer tapping into the anticipated growth is <a href="/developers/property-equity">Property &amp; Equity</a>, which has delivered a collection of 23 townhomes to the area.&nbsp;

[smartcode_project:default project_id=110047 project_image_fid=185744]

Property &amp; Equity's townhouse development <a href="/new-townhouses/14-wattlebrush-court-park-ridge">Wattlebrush Gardens</a> offers a prime location that has attracted first-home buyers and investors, situated near the entrance to the Mt Lindsay Highway.

Three-bedroom townhomes are still available in Wattlebrush Gardens, with prices starting at an affordable point of $490,000.&nbsp;

Residents will also benefit from the recent completion of the Logan Hospital expansion, a $145 million project, which has transformed the hospital into a state-of-the-art health facility, catering to the growing population in the southwest growth corridor.

Educational facilities are also a hot commodity in Park Ridge, with Wattlebrush Gardens near Park Ridge State High School and Park Ridge Primary.

<h2>Project: Breathe Residences</h2>

<h3>Location: 27 Lorne Street, Alderley QLD 4051</h3>

<h3>Developer: Guavalime</h3>

Although just approaching its launch, <a href="/developers/guavalime">Guavalime</a>'s Breathe Residences in <a href="/developments/alderley-qld-4051">Alderley</a> ticks all the boxes for first-home buyers.&nbsp;

<a href="/new-apartments/breathe-residences-alderley-27-lorne-street-alderley-qld">Breathe Residences</a> offers a variety of configurations to choose from, one, two, and three-bedroom apartments, conveniently situated just a six-minute walk away from the train station and directly opposite Alderley Village.

[smartcode_project:default project_id=143502 project_image_fid=249939]

Inside, the apartments feature exposed concrete ceilings in the living area, while balconies or outdoor rooms feature built-in bench seats and planter boxes, extending living spaces outdoors while offering opportunities for relaxation and greenery.

Local builder <a href="/builders/geocal-group">Geocal Group</a> has already been appointed to build Breathe Residences, which is expected to officially launch soon through <a href="/project-marketer/position-property">Position Property</a>.

<h2>Project: Parque</h2>

<h3>Location: 3 McConaghy Street, Mitchelton QLD 4053</h3>

<h3>Developer: Carbone Developments</h3>

Another recently launched project, <a href="/developers/carbone-developments">Carbone</a>'s <a href="/new-apartments/parque-mitchelton-3-mcconaghy-street-mitchelton">Parque</a> in <a href="/developments/mitchelton-qld-4053">Mitchelton</a> has already gained traction on Apartments.com.au, particularly among first home buyers, presenting one of the rarest opportunities to buy off the plan in an area starved of new apartment supply.

Starting from $450,000, the 60 one and two-bedroom apartments have been designed by <a href="/architects/red-door-architecture">Red Door Architecture</a> to make the most of Brisbane's tropical climate, with the open plan kitchen, living and dining areas opening onto balconies.

[smartcode_project:default project_id=140363 project_image_fid=250246]

The project features a swimming pool and a gym, as well as a sun deck with barbecue facilities and park views.

Slated for completion in July 2025, Parque Michelton's location is one of the stand-out features of the project. Not many projects have the convenience of a train station 35 metres away as well as sitting on 6,100 sqm Osborne Road Park.

Brisbane's top five most popular apartment developments for first home buyers in 2024

Cadmium Property Group has revealed its upscaled plans for&nbsp;Urbana Precinct Three in Coomera on the Gold Coast.

They've sought to increase the size and density of the four-tower stage, where they now want to deliver 720 apartments at Lot 502&nbsp;Urbana Boulevard Coomera instead of the 608 that was approved by the Gold Coast City Council.

<img alt="Coomera" data-entity-type="file" data-entity-uuid="d0e7cae5-f40f-4e19-abdc-b47bd0b35fe2" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-03-08%20at%208.45.17%20am.png?VersionId=9WaKaE_xXMJ4qH.GAa7Ilks3eP1NaxYb" />

It means the four <a href="/architects/archidiom">Archidiom</a>-designed buildings will drastically rise in height. They will now be between 16 and 25 levels, the latter 17 levels higher than before. Two of the buildings will be build to rent.

At 100 per cent occupancy of all four towers, the stage will home 1800 residents across 400 two-beds and 320 three-beds.

The stage will include a retail precinct with restaurants, commercial space, a gym, and a medical centre.

<img alt="Coomera" data-entity-type="file" data-entity-uuid="db505b0e-f7a1-425c-854e-a78099457cc3" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-03-08%20at%208.50.08%20am.png?VersionId=UscjFkOcdiv3HwNae76B0XaDHJmlI.qk" />

The apartments will sit above four basement levels with around 1,300 parking spaces, around 80 per cent reserved for residents.

There will be 4,350 sqm of total communal recreation space which will incoporate a&nbsp;pool and terrace, play area with table tennis tables, flexible rec space, communal media lounge, communal lounge and dining space, and a co-working office.

The application is the third stage of Cadmium's Urbana development, planned for about 15,200 sqm on the southern part of the total xx masterplan which has street frontages to&nbsp;Foxwell Road&nbsp;and Urbana Boulevard.

&nbsp;

Next stage of Coomera Urban Village upsized

The number of off the plan apartments in Brisbane is heading toward five-year lows, data from Urbis found.

The&nbsp;Urbis Apartment Essentials Report showed there were 112 sales in Q4 2023 in <a href="/developments/brisbane-qld">Brisbane</a>, with the lowly stock levels resulting in just 512 apartments available to buy.&nbsp;

Supply has been dwindling since Q1 2023 when there were nearly 1,400 apartments on the market with around 500 of those being sold.

<img alt="Brisbane Apartment Market Insights Q4 2023" data-entity-type="file" data-entity-uuid="57b2ae14-dd5b-4e5a-a256-d44f13518f6c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Total%20sales%20v%20available%20stock%20Brisbane.jpg?VersionId=0G5ibSO._0BkgWusjAZSZIyc1Wk.nj7r" />

Developers who are able to get their projects in market are reaping the benefits.&nbsp;

<a href="/developers/kokoda-property">Kokoda Property</a>'s apartment development <a href="/new-apartments/ruby-ruby-milton-12-crombie-street-milton">Ruby Ruby</a> in <a href="/developments/milton-qld-4064">Milton</a> saw took 87 of the 112 sales over the quarter, with a weighted average sale price of $827,011.

The likes of&nbsp;<a href="/new-apartments/monarch-residences-toowong-600-coronation-drive-toowong">Monarch Residences</a>&nbsp;in <a href="/developments/toowong-qld-4066">Toowong</a>, <a href="/new-apartments/skye-residences-kangaroo-point-8-river-terrace-kangaroo-point">Skye Residences</a> in <a href="/developments/kangaroo-point-qld-4169">Kangaroo Point</a>, <a href="/new-apartments/nouveau-albion-8-16-anstey-street-albion">Nouveau</a> in <a href="/developments/albion-qld-4010">Albion</a>, and Queens Wharf Tower in <a href="/developments/brisbane-city-qld-4000">Brisbane City</a>, all secured a handful of sales, but did so at stellar prices, with the weighted average sale price between $1,645,000 and $3.67 million, a sign there's a strong market demand for premium apartments in Brisbane's inner ring.

<img alt="Brisbane Apartment Market Insights Q4 2023" data-entity-type="file" data-entity-uuid="549b2148-3fd1-47d1-a889-a59b79c962a7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Brisbane%20Top%20Projects.jpg?VersionId=YA.3AVsIIskBXNkE36veUJiwd4UmI5Ak" />

Outside of inner Brisbane, the inner west region was the most active in terms of sales over Q4 2023 with 94 apartments sold.

Only nine apartments are available to purchase in the CBD, which makes <a href="/news/qld/first-look-meritons-full-plans-for-first-brisbane-apartment-development-revealed">Meriton's 800-apartment development</a> a game-changer for the city. Morris Property Group is also expecting to have around 180 apartments up for grabs on Eagle Terrace after they <a href="/news/qld/first-look-exclusive-2032-brisbane-olympics-has-morris-property-group-swap-eagle-terrace-office-tower-for-apartments">filed an application to change the use</a> of their commercial office tower plans to residential.

Developers who are able to get their projects in market are reaping the benefits. 

Stock levels shrink toward five-year lows in Brisbane's off the plan apartment market: Urbis Brisbane Apartment Market Insights Q4 2023

Sekisui House Australia has unveiled the final release of apartments in their penultimate stage of their multi-award winning West End masterplan.

They've just taken to market the Opulent Release, a collection of four and five-bedroom luxury apartments in the <a href="/new-apartments/the-allere-collection-west-village-mollison-street-west-end">Allere</a> Collection, which comprises two towers, Uno and Duo. Uno and Duo, which are 95 per cent sold, will be the second to last buildings in the $1.2 billion, 2.6-hectare West Village precinct which <a href="/developers/sekisui-house-australia">Sekisui</a> started developing in 2016.

Designed by the renowned architecture firm <a href="/architects/rothelowman">Rothelowman</a>, Uno and Duo towers rise 20 levels above West Village in the heart of&nbsp;<a href="/developments/west-end-qld-4101">West End</a>.

[smartcode_project:default project_id=114215 project_image_fid=257536]

The residences feature distinctive marble interiors, echoing classic Italian sensibilities. The Opulent apartments in Uno showcases a blush palette of pink, beige, cream, and grey marble, while those in Duo feature Verde Atlantis Marble, blending shades of blues, greens, and greys.

The four-bedroom apartments come equipped with high-end Miele appliances, including an integrated fridge and freezer, a five-burner gas cooktop, a steam oven with microwave, a pyrolytic (self-cleaning) oven, and an integrated dishwasher.&nbsp;

The five-bedroom penthouses take luxury a step further with additional features such as a Vintec underbench wine fridge and V-Zug combination steam and pyrolytic ovens.

[smartcode_project:default project_id=114215 project_image_fid=257538]

Both configurations feature herringbone lay floorboards and motorised block-out roller blinds in bedrooms, along with motorised sheer curtains in living areas.

Amenities at The Allere Collection include pet-friendly facilities and access to two shared rooftop pools exclusively for residents. Uno offers a dedicated dog off-leash area named 'Paw Pavilion,' while Duo features a doggy day spa for DIY washing.

Situated just 800 metres from <a href="/new-apartments/brisbane-qld">Brisbane</a> CBD, the development offers proximity to the city's cultural hub, Southbank, and QPAC, with Metro Arts conveniently located downstairs.&nbsp;

The appeal of The Allere Collection spans a diverse demographic, attracting first home buyers, pet owners, and both young and established families.&nbsp;

[smartcode_project:default project_id=114215 project_image_fid=207148]

The prime location on Mollison Street, close to seven schools, further enhances its allure among families seeking convenient access to education hubs.

The broader West Village precinct, encompassing 2.6 hectares, also showcases the heritage-listed former Peters Ice Cream Factories, a nod to the area's industrial heritage.&nbsp;

Upon completion, West Village will comprise 1,200 residences, accompanied by 20,000 sqm of commercial space, an 18,000 sqm retail precinct, and a one-hectare expanse of open parklands and heritage laneways.&nbsp;

[smartcode_project_cta:default project_id=114215]

The residences feature distinctive marble interiors, echoing classic Italian sensibilities

Sekisui release final apartments in West Village's Allere Collection

Palm Beach is set for another luxury apartment development as Sherpa Property Group kicks off construction at its now approved project, Perspective Nexus.

After last month announcing the appointment of <a href="/builders/lps-group">LPS Group</a> as project builder, Sherpa has today officially started construction of the Gold Coast Highway project.

Located on a prime 1,583 sqm site at 949-953 <a href="/new-apartments/gold-coast-qld">Gold Coast</a> Highway, the nine-storey project will deliver a collection of 32 apartments, including two half-floor penthouses and three sky homes with their own private rooftops.

[smartcode_project:default project_id=108324 project_image_fid=231829]

The construction start comes on the heels of Perspective Nexus achieving sales of over 50 per cent of apartments worth a total of $65 million. Gold Coast locals have driven the sales.

Read more:&nbsp;<a href="/news/qld/why-i-bought-a-perspective-nexus-palm-beach-apartment">Why I bought a Perspective Nexus, Palm Beach apartment</a>

“Our mission now is to deliver this amazing new project for our buyers and have them ready to move in by the end of next year," Sherpa Founder Christie Leet said.

Perspective Nexus residents will share in a wide range of communal amenities, including a dedicated wellness space with a cold plunge pool, sauna, magnesium pool and steam room with internal stairs down to the residents’ recreational space which includes a spa, pool, private dining and wellness garden.&nbsp;

[smartcode_project:default project_id=108324 project_image_fid=231830]

The project will also have 79 car parks for both residents and visitors, electric car charging stations, individual apartment storage, car wash bay and parcel delivery storage including a cold store.&nbsp;

Perspective Nexus is the latest in a host of impressive projects undertaken by Sherpa Property Group on the Gold Coast since 2018 and comes on the heels of the success of the recently completed <a href="/buildings/perspective-on-albatross">Perspective on Albatross</a>.

Sherpa marked the construction commencement with a $2,500 donation to the local community group Fight 4 Youth.

[smartcode_project_cta:default project_id=108324]

The construction start comes on the heels of Perspective Nexus achieving sales of over 50 per cent of apartments worth a total of $65 million

Latest Queensland Property News

DVB Projects to launch second Broadbeach apartment tower as demolition commences

Editor's Picks

Developments

New apartments

New townhouses

News

Latest Queensland Property News

DVB Projects to launch second Broadbeach apartment tower as demolition commences

Editor's Picks

Receive the latest news stories to your inbox

Developments

New apartments

New townhouses

News