<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?

Prices in the Gold Coast off the plan apartment market will continue to increase over the next 12 months, Charter Keck Cramer forecast.

Charter Keck Cramer said in their <a href="/developments/gold-coast-qld">Gold Coast</a> State of the Market H2 2023 that until conditions stabilise and improve in the building sector, prices have to go up.

"Many recently launched projects are achieving strong sales and pricing results, especially those <a href="/news/qld/city-beat-march-2024-what-is-happening-in-the-gold-coast-off-the-plan-apartment-market">associated with well regarded builders</a>," the report read.

"A notable proportion of purchaser demand has come from interstate (predominantly NSW and VIC) given the lifestyle attraction and lower relative price points of the Gold Coast."

They noted that importantly in this cycle, foreign buyer activity has remained subdued which is very different to previous cycles which were underpinned by significant overseas buyer activity.

They said relative&nbsp;to other Australian cities in 2023, the Gold Coast’s apartment market showed more positive signs through robust sales and continued pricing growth. They added however that it is not without some key risks and challenges primarily in the building and construction space.

&nbsp;

<h2>Gold Coast Build Environment</h2>

Build costs and delivery times are a critical issue and risk for the Gold Coast market, CKC says, adding that some mainstream projects have become financially unviable due to the increase in labour and material costs.

"Many active projects are beachside and targeting premium price points and therefore new dwellings at the more affordable end of the scale are limited," CKC says.

"Infrastructure investment has turbo charged the cost of materials and labour, helping to position these as a key risk to the supply-side response. Paired with the cost of debt, the prospect of projects taking 50% longer to complete than pre-pandemic is eroding the feasibility of many projects in the pipeline and placing them on pause."

CKC says even&nbsp;on smaller projects, the stringent level of due diligence being undertaken by lenders towards builders is impacting the pace of funding.

<h2>Gold Coast Supply Metrics</h2>

In 2023 there were a total of 1,000 apartments launched to market, considerably lower than the 2,100 per annum average over the past decade.

The City Fringe and Central City Regions were the most active, accounting for 34 per cent and 30 per cent of launches.

Commencements in Gold Coast remained strong in 2023, bucking the trend of many cities across Australia.

In 2023, construction commenced on 2,100 apartments, a slight decrease than 2022 but well above the 10-year average of 1,900. Gold Coast’s City Fringe Region was the most active, accounting for more than 50 per cent of commencements.

<img alt="Supply" data-entity-type="file" data-entity-uuid="4f4c1c4c-4f28-468b-bbb6-3a9059e81ce5" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-03-12%20at%2010.23.05%20am.png?VersionId=nJvkKGyg1i79Z0_UZD.rUzNNIJVzAFvv" />

In 2023, Gold Coast recorded 1,500 apartment completions, slightly higher than in 2022.

CKC says the coming 12 months will set a new peak for apartment supply in Gold Coast, with 2,700 apartments under construction and due to complete during 2024. That would mark a 46 per cent increase on the previous peak during 2020.

There is a total of 4,100 apartments currently under construction or being marketed and due to be complete between 2025-2026, however, a proportion of marketed projects are likely to be delayed given elevated project costs.

"While the increased completions forecast for the next 12-24 months poses an element of settlement risk (particularly for larger apartment schemes), strong recent price growth and low levels of foreign buyers has offset much of this risk. Furthermore, the low volume of residual stock within projects approaching completion poses little threat to those currently being marketed or soon to launched."

<img alt="GC" data-entity-type="file" data-entity-uuid="e3e7f0fe-35e7-4c15-8541-15f25e99ce46" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-03-12%20at%2010.23.52%20am.png?VersionId=Bf0848SkFZJU7kIBgxzY9lwPCqrSCC3W" />

<h2>2024 Property Outlook</h2>

CKC's analysis&nbsp;suggests that established stock will need to continue to reprice upwards.

"This will be followed by recently completed stock after which new off the plan stock will quickly reprice upwards across the market which offers the most affordable price points."

CKC's analysis of the Gold Coast’s housing market shows that the price gap between detached houses and established units is 44 per cent, a decline from 60 per cent over the past two years as demand has continued to funnel into the more affordable unit market.

"The Gold Coast has one of the most expensive housing markets in Australia and, quite simply, buyers need to make trade-offs should they wish to enter the for sale market with greater demand driven into the BTS apartment market."

&nbsp;

Gold Coast off the plan apartment market prices to continue to grow: Charter Keck Cramer

As a developer, there's no greater sign of confidence when a fellow developer buys in your project.

That was the case for boutique <a href="/developments/gold-coast-qld">Gold Coast</a> townhouse developer <a href="/developers/highlife-homes">Highlife Homes</a> at their recently completed four-pack townhouse project in <a href="/developments/miami-qld-4220">Miami</a>, Harmoni on Hythe.

When it was approaching completion, veteran developer Coral Knowles, who has built and developed thousands of dwellings over the years and has been involved in both residential and commercial investment, secured her Harmoni on Hythe villa.

When asked why <a href="/buildings/harmoni-on-hythe">Harmoni on Hythe</a>, for a buyer who really could have picked anywhere up and down the Gold Coast, Knowles said there weren't many boxes it didn't tick.

"I thought it was so unique," Knowles recalled.

"It's right near Miami Beach, one of very few beaches which has retained the relaxed beachside lifestyle the Gold Coast is known for. There's coffee shops within a few steps, the surf life-saving club, and transport options. It has everything you'd need."

[smartcode_project:default project_id=140364 project_image_fid=214022]

Knowles was wearing two hats when talking to the development team, as both a buyer and a longtime developer.

"My husband is a builder and he spoke to the construction team onsite, as well as Highlife Director James George" Knowles said.

"After a 10-minute conversation he walked away and said 'these guys know what they're doing.'"

The four-bedroom townhouse with views to Miami Beach was initially spotted by Knowles' granddaughter who attends Bond University. Knowles was buying a Gold Coast beach home for the predominantly Melbourne-based family, which her granddaughter could reside in during her studies

"My granddaughter had been tasked with going and finding something near the beach which will suit a number of uses," Knowles said.

"I flew up to the Gold Coast and she showed me the townhouse. After inspecting the development and speaking to the team, there was nothing more to see, we knew that it was the one."

[smartcode_project:default project_id=140364 project_image_fid=218337]

The sales process was also something that Knowles said was a pleasant experience, rather than it being stressful like most property purchases.

"The Highlife team were so accommodating with every request and we're well engaged during the process. The whole transaction was a pleasant experience," Knowles said.

"To deal with a small, internal team, it doesn't feel like you're being sold to. James Macqueen was the first face we saw at the display and he was our point of contact throughout the whole buying journey. It was a refreshing change of pace to get an end-to-end service from one person.

"From our first conversation to handing over the keys and now to after-purchase care, James and the Highlife team really know how to make things run smoothly and make any prospective purchaser feel comfortable and at ease during the buying process."

[smartcode_project:default project_id=140364 project_image_fid=218328]

Having now stayed in the home, Knowles says it evokes a very classy feel.

"The fixtures and fittings are everything you would choose for your own home. There's gold tinted taps and even an internal lift. Every part of the project, from the interactions with the builders, sales team, and now the quality of the townhouse, has exceed expectations."

[smartcode_project:default project_id=140364 project_image_fid=214024]

There is now just one townhouse remaining at Harmoni on Hythe.

The striking side-by-side townhouses have been cleverly designed to cater for everyone from a downsizing family with kids and grandkids, to a weekender for a Brisbane city dweller, given its location just 160 metres from the beach.

They each have four bedrooms, but the fourth bedroom, on the top level of the townhouse, is also designed to be a perfect multi-purpose space or second living room, given it opens onto the outdoor roof terrace which features a full barbecue kitchen.

[smartcode_project_cta:default project_id=140364]

Why veteran developer Coral Knowles bought a Harmoni on Hythe townhouse in Miami

South East Queensland has been one of the most heavily invested in regions since over the last four years since the onset of COVID-19.

The appetite has come from both southern state dwellers and locals who have jumped into the property market off the back of exponential growth in population caused primarily by the lockdowns across Sydney and Melbourne.

The region is expected to continue to grow given the Brisbane 2032 Summer Olympics and the government infrastructure pipeline that comes with it. The government is expected to spent upwards of $7 billion on venues alone, as well as billions of dollars on better connecting Brisbane to the Sunshine Coast to the north and the Gold Coast to the south

<a href="/developments/brisbane-qld">Brisbane</a>, the <a href="/developments/sunshine-coast-qld">Sunshine Coast</a> and the <a href="/developments/gold-coast-qld">Gold Coast</a> have been particularly popular with investors so far in 2024. We've rounded up the most popular projects&nbsp;

<h2>Project: JURA Noosa</h2>

<h3>Location: 26 Headland Drive, Noosaville QLD 4566</h3>

<h3>Developer: Capital Prudential</h3>

Fund manager and developer <a href="/developers/capital-prudential">Capital Prudential</a> has found a sweet spot in <a href="/developments/noosaville-qld-4566">Noosaville</a>, the hub of the Sunshine Coast just two kilometres from Noosaville's Gympie Terrace activity centre and six kilometres to the popular Hastings Street on the beachfront.

<a href="/new-apartments/26-headland-drive-noosaville">JURA</a> comprises 38 two-bedroom single-level apartments and dual-level townhomes designed by <a href="/architects/blackwood-architecture">Blackwood Architecture</a>, offering one of just a handful of new developments the area has seen in recent years and is likely to see going forward. The scarcity of new developments in Noosa has seen investors show significant interest.

[smartcode_project:default project_id=142312 project_image_fid=248932]

Its central location and excellent connectivity are a highlight for JURA, which is located 15 minutes from the Bruce Highway and only a 30-minute drive to the <a href="/new-apartments/sunshine-coast-qld">Sunshine Coast</a> Airport.&nbsp;

The townhouses are also located ideally just off Eumundi Road opposite the Noosa Leisure Centre and Noosa Library, while also offering future JURA residents easy access to the Noosa River and just six kilometres from Hastings Street.

JURA provides practical amenities, such as exclusive residence carports, a lock-up garage for townhomes, and ample visitor parking, while also having low body corporate fees compared to similar properties in the Noosa region.

<h2>Project: Ruby Ruby</h2>

<h3>Location: 12 Crombie Street, Milton QLD 4064</h3>

<h3>Developer: Kokoda Property</h3>

<a href="/new-apartments/ruby-ruby-milton-12-crombie-street-milton">Ruby Ruby</a> has once again secured a spot in Apartments.com.au's top enquiries for residential developments in <a href="/new-apartments/brisbane-qld">Brisbane</a>.

The Urban community has identified Ruby Ruby's primary strengths as a solid investment and a high potential for capital growth. This positive reception is attributed to a combination of appealing factors, including diverse amenities, a variety of floor plan designs, and a great location.

National apartment developer <a href="/developers/kokoda-property">Kokoda Property</a> was very strategic in their acquisition of the site for Ruby Ruby.

[smartcode_project:default project_id=139032 project_image_fid=232275]

“Brisbane is rapidly transforming into a new world city; its culture, business centre, technology, and lifestyle is evolving with over $40 billion of infrastructure investment planned, so naturally there is a shift occurring with demand now skewed towards sophistication and luxury residential design," Kokoda Property Founder and Managing Director, Mark Stevens said.

Ruby Ruby is ideally located just behind the <a href="/new-apartments/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.

[smartcode_project:default project_id=139032 project_image_fid=232284]

The <a href="/architects/cottee-parker-architects">Cottee Parker</a>-designed development will rise 21 levels from 12-18 Crombie Street and will comprise 144 apartments and several luxury penthouses, ranging from 65 sqm to 155 sqm. Prices for Ruby Ruby start at $654,000.

Stevens said the team has also carefully considered the inclusion of extra, premium amenities.

Ruby Ruby 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;

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.

<h2>Project: Victoria &amp; Albert</h2>

<h3>Location: 20 Albert Avenue, Broadbeach QLD 4218</h3>

<h3>Developer: Iris Capital</h3>

<a href="/developers/iris-capital">Iris Capital</a>'s flagship Broadbeach development, <a href="/new-apartments/victoria-albert-broadbeach-20-albert-avenue-broadbeach">Victoria &amp; Albert</a>, has seen a surge in buyer demand over 2023, seeing a diverse buyer profile according to Colliers sales agent Paul Putsay but most especially "attracting a delightful clientele of fly-ins and fly-outs in the Albert tower, while there's been an uptake from hybrid investors and occupiers in the Victoria building."

Investor interest has persisted this year, buoyed by the strength of the <a href="/new-apartments/gold-coast-qld">Gold Coast</a>’s employment market and the massive investment in infrastructure across the city.

V&amp;A will bring over 400 apartments to the central <a href="/developments/broadbeach-qld-4218">Broadbeach</a> area, on the site of the former Niecon Plaza.

[smartcode_project:default project_id=107928 project_image_fid=234088]

One notable factor contributing to the development's popularity is the presence of a $200 million commercial retail and fresh food precinct, located underneath the residential towers.

This has particularly resonated with buyers from <a href="/new-apartments/melbourne-vic">Melbourne</a> and <a href="/new-apartments/sydney-nsw">Sydney</a>, who appreciate the convenience and vibrancy offered by this vibrant commercial hub.

[smartcode_project:default project_id=107928 project_image_fid=234097]

Residents will also have access to the Podium Club facilities located on the fourth level, including a 25-metre lap pool with an outdoor dining and barbecue area, a spa and steam room, a Zen garden, a yoga deck, a boutique resident's lounge, and a kid's club area with a playground.

Topping off the iconic residential offering is the Residents Sky Lounge on the top level of the Victoria tower. It includes luxury dining, lounge, wellness, and work zones that are perfectly designed to embrace the spectacular views of the surrounding coastline.

<h2>Project: UNIQ</h2>

<h3>Location: 2-4 Waterford Court, Bundall QLD 4217</h3>

<h3>Developer: Devlink Group</h3>

<a href="/developers/devlink-group">Devlink Group</a>'s <a href="/new-townhouses/uniq-bundall-2-4-waterford-court-bundall">UNIQ</a> townhouses will be a rare addition to <a>Bundall</a> and are set to benefit from the $370 million redevelopment of the Gold Coast Turf Club just across the Nerang River.

The 22 townhouses will each front the river and have three bedrooms and a self-contained multi-purpose room. They start from $1,395,000.

[smartcode_project:default project_id=114207 project_image_fid=233789]

The latest ABS data shows less than 20 per cent of the dwellings in <a href="/developments/bundall-qld-4217">Bundall</a> are townhouses, which is a rare opportunity to invest in an exclusive and high-demand property.

A townhouse opportunity doesn't come along often, and an opportunity to buy brand new, especially in a suburb more well-known for large family homes, only presents itself every few years.

[smartcode_project:default project_id=114207 project_image_fid=233795]

The location is also one of the most standout factors of UNIQ.

Devlink Group Head of Marketing, James Ball, said the project is an opportunity to deliver an incredible addition to the area at a time when the Sunlight Lifestyle Precinct is set to transform Bundall into one of the most in-demand locations on the entire Gold Coast.

Situated on a prime site on Waterford Court, a small cul-de-sac street with just a handful of homes that front the river, UNIQ takes up an unrepeatable spot within a few minutes walk from the Gold Coast Turf Club.

The waterfront properties will also feature private plunge pools, while the broader development will have access to a communal swimming pool and barbecue facilities.

<h2>Project: Pearl Main Beach</h2>

<h3>Location: 3550-3552 Main Beach Parade, Main Beach QLD 4217</h3>

<h3>Developer: Raptis</h3>

The <a href="/developments/main-beach-qld-4217">Main Beach</a> market demographics point to a steady and large portion of owner-occupiers and downsizers, making the suburb an enviable location for budding investors.

This is all thanks to the convenience of living close to the <a href="/new-apartments/marina-mirage-74-seaworld-drive-main-beach">Marina Mirage</a>, which has an array of boutique shopping and waterfront dining experiences.

[smartcode_project:default project_id=106752 project_image_fid=169993]

"Main Beach is a suburb that has everything", <a href="/developers/raptis">Raptis</a> Joint Managing Director Evan Raptis told Urban.

"It has a shopping and dining prescient, close to the beach, 5-star hotels, theme parks and Broadwater boat access all within the one suburb. Nowhere else on the Gold Coast can offer that."

[smartcode_project:default project_id=106752 project_image_fid=182210]

Apartments at developer Raptis' <a href="/buildings/pearl-main-beach-3550-3552-main-beach-parade-main-beach">Pearl</a> on Main Beach Parade were snapped up largely by owner-occupiers, both locals who are looking to downsize and interstate couples.

Rising 30 floors, Pearl is a collection of 80 apartments, including a luxury two-level penthouse, with just three-bedroom apartments left.

Pearl also features state-of-the-art, resident-exclusive amenities like a rooftop swimming pool with 180-degree views of the Gold Coast coastline, a gym overlooking the Pacific Ocean, a barbecue and alfresco area, and a private dining suite.

The region is expected to continue to grow given the Brisbane 2032 Summer Olympics and the government infrastructure pipeline that comes with it.

South East Queensland's top five apartment developments for investors in 2024

Ature Group, the development company of the popular SABO and Zaco fashion family, has unveiled their first Gold Coast high-rise tower.

The project, <a href="/new-apartments/sola-158-surf-parade-broadbeach">Sola</a>, at 158 Surf Parade, <a href="/developments/broadbeach-qld-4218">Broadbeach</a>, will comprise just 20 full-floor apartments starting from $2.75 million.

<a href="/developers/ature-group">Ature Group</a>, founded by Thessy Batsinilas, Yiota and George Kouzoukas, drew creative inspiration from their womenswear businesses as they sought to expand their property development pipeline.&nbsp;

They wanted to create a beach house in the sky, infused with bespoke finishes and design reflective of Broadbeach’s bold identity as the heart and soul of the Gold Coast.&nbsp;

&nbsp;

[smartcode_project:default project_id=138199 project_image_fid=257204]

Each 219 sqm apartment, which has private direct lift access, have three bedrooms, with the option to customise the space with the ability to add a fourth bedroom, office retreat or even a wine room.&nbsp;

&nbsp;

Sola's design by&nbsp;<a href="/architects/prospect-architecture">Prospect Apartment Architecture</a> and Esat Design features a&nbsp;palette reminiscent of beach shallows with sandy hues, stone pavers, fluted concrete and subtropical landscaping.

Deliberately oriented to the east to maximize views of parkland and the ocean, the tower exhibits a conscientious approach to privacy by mitigating any potential overlooking into neighbouring buildings. The precisely arranged 'patchwork' of screens on the northern side optimises privacy and daylighting.

Archie Bolden Interior Design has handled the interiors of Sola, with a focus on Mediterranean design with&nbsp;organic curves, light timber tones and stone finishes.

[smartcode_project:default project_id=138199 project_image_fid=257205]

The facilities feature a swimming&nbsp;pool, a gym, a mineral spa, cold plunge pools, steam and sauna rooms, as well as sunbeds and lounges. The ground floor includes a wash-off area and surfboard storage.&nbsp;

&nbsp;

Ature Group Director George Kouzoukas said the founders are passionate about bringing to market a project that is uniquely inspired by fashion and global design, delivered with the trio’s trademark luxurious resort aesthetic.

“Sola is the architectural manifestation of our years travelling around the globe, visiting incredible destinations like Paris, New &nbsp;York and the Greek Islands, bringing together our favourite fashion, architecture, and design influences into a residential setting,"&nbsp;Kouzoukas said.

[smartcode_project:default project_id=138199 project_image_fid=257208]

“Sola has been designed with our favourite global beach destinations at the fore, with a relaxed yet luxurious palette that is very much a representation of our own personal style. &nbsp;

“The interiors and amenities of the project have been meticulously designed without compromise. A testament to the project is exemplified by each of us retaining a residence within the building for personal use."

Carly Cottam, Founder and CEO of <a href="/project-marketer/motiv">Motiv Group</a> who is selling the project, says: “The Gold Coast market has felt a surge of post-COVID real estate activity, with a particular uptick in the Broadbeach property market.

"A growing number of buyers are seeking residences that offer extensive vistas while being based in proximity to the vibrant heart of Broadbeach," Cottam says.

"This trend highlights a preference for spacious, full-floor living experiences in this dynamic real estate landscape."

[smartcode_project:default project_id=138199 project_image_fid=257209]

Cottam says&nbsp;Sola breaks away from the cookie-cutter tower mould.

"As a uniquely developed project rooted in Queensland's creative industries, it presents an incredibly resolved and elegant product, showcasing its distinctiveness in the market.”

Residences start from $2.75million and range up to $4.65 million.

[smartcode_project_cta:default project_id=138199]

Ature Group Director George Kouzoukas said the founders are passionate about bringing to market a project that is uniquely inspired by fashion and global design

SABO founders reveal luxury Broadbeach apartment development, SOLA

A two-level penthouse apartment at Chapter Two Group's Holm Rainbow Bay development has sold for $4.5 &nbsp;million, setting what is believed to be a new record for a non-beachfront development.&nbsp;

The penthouse at <a href="/new-apartments/holm-rainbow-bay-44-50-eden-avenue-coolangatta">Holm</a> on Eden Avenue was bought by a <a href="/new-apartments/sydney-nsw">Sydney</a> buyer amid strong interest in the project, which has recently topped enquiry and sales for the southern Gold Coast region.&nbsp;

The penthouse will feature three bedrooms, two decks, and a rooftop&nbsp;terrace with outdoor dining and spa.&nbsp;

&nbsp;

<a href="/developers/chapter-two">Chapter Two</a>&nbsp;Director Jon Quayle said the sale was believed to be the highest square metre rate achieved for a non-waterfront or front row apartment in the sought-after enclave. The 246 sqm apartment represented an internal price per sqm of $24,590.&nbsp;

“Taking opulent living to new heights, Holm has already beaten sale records and is attracting great interest from both local and interstate buyers,” Quayle said.&nbsp;

“The southern <a href="/new-apartments/gold-coast-qld">Gold Coast</a> is a highly sought-after location, and our Sydney buyer recognised the outstanding opportunity to purchase a new, luxury penthouse off the plan in a superb location at Rainbow Bay."

Holm has recently been ranked by Urbis as the number one selling project south of Burleigh.

[smartcode_project:default project_id=109905 project_image_fid=209089]

Chapter Two Director Oliver Bagheri said the record-breaking penthouse deal showed the strong demand for blue-chip real estate on the Gold Coast.&nbsp;

“Holm marks an exceptionally rare opportunity on Rainbow Bay's peninsula, allowing buyers to make the iconic address either their permanent residence or a deluxe holiday destination," Bagheri said.&nbsp;

“Geographically restricted with scarce future supply, acquiring the Holm site today and delivering this project at its current pricing would not be feasible, making it an irreplaceable opportunity.&nbsp;

"In recent years, the notion of apartment living has transformed. However, we've observed &nbsp;that many new Gold Coast buildings fall short of meeting residents' needs for a balanced &nbsp;lifestyle, incorporating health, well-being, and lifestyle amenities all in one place.”

[smartcode_project:default project_id=109905 project_image_fid=209094]

Collaborating with award-winning <a href="/architects/plus-architecture">Plus Architecture</a>, Holm prioritises resident well-being, ensuring the apartments blend seamlessly with the coastal lifestyle, while actively seeking ways to create a more sustainable and environmentally conscious building for residents' &nbsp;advantage.&nbsp;

The 12-level project will feature 86 exclusive residences of two, three or four bedrooms.

Holm offers rooftop facilities including a 25-metre ocean-view pool, spa, sauna, steam room and gym, as well as office suites, library, and conference rooms.&nbsp;

[smartcode_project_cta:default project_id=109905]

The 12-level project will feature 86 exclusive residences of two, three or four bedrooms

Rainbow Bay penthouse sold for record price per sqm

The Gold Coast unit market continues to surge in 2024 after a 2023 which saw it become one of the best performing major cities in the country.

The median value of units, which incorporates both apartments and townhouses, jumped another 1.1 per cent in February to a new median $740,000. It was only October <a href="/news/qld/city-beat-september-2023-gold-coast-unit-values-pass-700k-after-continued-2023-growth">when they passed the $700,000 mark</a>.&nbsp;

<h2>What is happening in the Gold Coast off the plan apartment market?</h2>

Projects by reputable developers remain the most popular on the Gold Coast.

Vista by Malaysian developer MRCB International continues to top the sales chart after another strong quarter.

[smartcode_project:default project_id=112730 project_image_fid=211248]

Urbis research showed Vista was the top selling project on the Gold Coast in Q4 2023 with 46 sales.

<a href="/new-apartments/crest-broadbeach-13-armrick-avenue-broadbeach">Crest Broadbeach</a> by veteran Canberra and Gold Coast apartment developer <a href="/developers/morris-property-group">Morris Property Group</a> has also seen a number of sales. It was the third best performing project in the Gold Coast in Q4 2023 with 25 sales.&nbsp;

There's also been some much needed new supply come to the market in 2024, both from two of the most reputable developers on the Gold Coast.

strong market feedback at the first stage of Lewis Land's $1.5 billion Biggera Waters masterplan, Harbour Shores.

Colliers Director David Higgins says&nbsp;Harbour Shores is a game-changer for the area.

"The introduction of the 15-hectare masterplan means Biggera Waters is a new option for buyers to consider," he said.

[smartcode_project:default project_id=113271 project_image_fid=247280]

"The site is a unique one, so close to all of the Biggera Waters amenity and Harbour Town. It's a longterm project that will change the face of the suburb."

Higgins says having the reputation that Lewis Land as a developer makes the whole selling process much smoother.

"They've done incredible things for the Gold Coast over the last six decades and they own Harbour Town. They're a developer who buyers know aren't going anywhere."

There's been equally strong market feedback from buyers at Ombre Robina, the latest project by construction industry veteran John Kearney's Immerse Projects.

Tony Ashwin, who is handling sales at the Scottsdale Drive development, says one of the most interesting findings from the launch has been not only the variation in demographics, but the depth in each type of buyer.

"In 35 years I've not seen so much depth in each buyer cohort than we have with Ombre Robina," Ashwin said.

He's sold apartments to first home buyers in their 20s all the way through to a couple in their 90s.

There's been a strong uptake on all floorplans, from the unique one-bed, two living room apartments to the larger three-bedroom apartments.

Ashwin says the strong market response shows the maturity of the Gold Coast apartment market, as well as the maturity of Robina, with the early success showing that it's not all about the beachside suburbs.

"Ombre Robina is giving people option in that middle market, which a lot of the beachside suburbs aren't doing," Ashwin says.

Kearney's longtime Gold Coast construction company, Greyburn, will be the ones building the project, which is expected to start construction in the next few months.

"A lot of our buyers live in Greyburn homes, so they know the quality of delivery from the team," Ashwin added.

&nbsp;

City Beat March 2024: What is happening in the Gold Coast off the plan apartment market?

Renowned South East Queensland developer Mosaic Property Group has sold out its Toowong apartment development, The Prescott, before construction has completed.

<a href="/new-apartments/the-prescott-by-mosaic-toowong-24-28-lissner-street-toowong">The Prescott</a>, on a 2,108 sqm site on Lissner Street on the fringe of&nbsp;<a href="/developments/toowong-qld-4066">Toowong</a>&nbsp;village, comprises 100 apartments across a 14-level building. There were 10 apartments that featured in Mosaic's sought-after Masterpiece Series.

Mosaic partnered with acclaimed design firm <a href="/architects/dko-architecture">DKO</a>, their second collaboration following the rapid sellout of <a href="/buildings/the-mowbray-73-northcote-street-east-brisbane-qld-4169">The Mowbray</a> in <a href="/new-apartments/east-brisbane-qld-4169">East Brisbane</a>. The architectural design incorporates cascading and climbing plants on each facade, creating green spines throughout The Prescott.

Prospective residents of The Prescott can anticipate a lifestyle that takes advantage of Brisbane's subtropical climate with rooftop recreation spaces that include a pool, a gym with a yoga lawn, and multiple dining areas with panoramic views of the Brisbane River, Mount Coot-Tha, and the city skyline.

[smartcode_project:default project_id=107029 project_image_fid=251124]

The design of The Prescott draws on&nbsp;local historical references, particularly architectural detailing and craftsmanship, to bring something refreshing and new to Toowong.

Architecture and materiality are timeless, with a strong emphasis on landscaping, including an abundance of cascading and climbing plants. Seven green spines feature across the building, connecting the ground to the rooftop, breathing life into each facade.

A veiled podium references the nearby Regatta Hotel and surrounding masonry apartment context with the inclusion of breeze blocks.

[smartcode_project:default project_id=107029 project_image_fid=251119]

Mosaic's building arm,&nbsp;<a href="/builders/mosaic-construction">Mosaic Construction</a>, completed the ground-level concrete slab pour last month, a massive task involving 1320 cubic metres of concrete. Weather permitting, the team aims to complete the forming and pouring of the level two slab by the end of March.

<a href="/developers/mosaic-property-group">Mosaic</a>&nbsp;has 11 projects under construction in Brisbane and the Gold Coast, the majority of which are sold out. The Prescott is Mosaic's third apartment development in Toowong, following the successful&nbsp;<a href="/new-apartments/the-patterson-by-mosaic-15-archer-street-toowong">The Patterson by Mosaic</a>&nbsp;and&nbsp;<a href="/buildings/kensington-by-mosaic-36-sylvan-road-toowong">Kensington by Mosaic</a>.

[smartcode_project_cta:default project_id=107029]

Mosaic has 11 projects under construction in Brisbane and the Gold Coast, the majority of which are sold out

Mosaic sell out The Prescott in Toowong

Joint venture partners&nbsp;Guavalime and Capital Prudential grabbed one of the closest residential development sites to Alderley Station for their latest Brisbane apartment development.

Their new project, <a href="/new-apartments/breathe-residences-alderley-27-lorne-street-alderley-qld">Breathe Residences</a> at 27 Lorne Street, is ideally located near the corner of Samford Road and a stone's throw from the heart of Alderley.

Future residents of the <a href="/architects/loucas-architects">Loucas Architects</a>-designed building will be just 450 metres from Alderley Station on South Pine Road, where there's a number of bus stops heading into Roma Street.

[smartcode_project:default project_id=143502 project_image_fid=249940]

Half way between the one, two and three-bedroom apartment development and the station is Alderley Plaza, anchored by a Coles supermarket and also home to Japanese grocery store Genki Mart, Alderley Australia Post, a chemist, and a number of multi-cultural restaurants.

Around 200 metres from the front door of Breathe Residences is the most popular pub in the suburb, the Alderley Arms Hotel, a mainstay for locals and visitors to Alderley for a number of years.

The closest cafe is Brisbean Cafe, close to the entry of the station just over 300 metres away.

[smartcode_project:default project_id=143502 project_image_fid=249939]

The neighbourhood's liveability is further enhanced by its abundance of parks.

The Banks Street Reserve, a 30-hectare park just a nine-minute walk south of Breathe Residences, offers a variety of recreational activities, from biking along the scenic bikeway to bushwalking and enjoying open spaces.

There is also Grinstead Park, a five-minute walk north of Breathe Residences, perfect for all ages with its exercise equipment, BBQ areas, dedicated bike track for kids, soccer and basketball courts, tennis wall, and massive fort playground.

<a href="/architects/loucas-architects">Loucas Architects</a>&nbsp;designed Breathe Residences, capturing modern Australian design. The central concept focuses on the building’s "lungs" – a garden courtyard at the core, surrounded by pathways promoting mobility, connections, and peaceful moments within the gardens.

<a href="/developers/guavalime">Guavalime</a>&nbsp;and&nbsp;<a href="/developers/capital-prudential">Capital Prudential</a> has already appointed&nbsp;<a href="/builders/geocal-group">Geocal Group</a>&nbsp;to build Breathe Residences, which is expected to officially launch soon through Position Property.

[smartcode_project_cta:default project_id=143502]

Alderley's liveability is enhanced by its abundance of parks, cafes, and central train station



Breathe Residences: Inside the location of Alderley's newest apartment development

Yeronga is one of Brisbane's premier riverfront suburbs.

But it hasn't had an influx of new apartments for a number of years, not since the sell-out successes of Gardner Vaughan's five stage masterplan&nbsp;<a href="/new-apartments/venusto-172-venner-road-yeronga">Renovaré</a>.

The latest project is from&nbsp;<a href="/developers/pradella">Pradella Property</a>&nbsp;who in January launched&nbsp;Jardinia, a collection of 87 apartments ideally located&nbsp;only 200 metres away from Yeronga Train Station.

The location puts future residents just steps away from Yeronga's cafes, restaurants, shopping and schools.

[smartcode_project:default project_id=137221 project_image_fid=250613]

The recently refurbished <a href="/developments/yeronga-qld-4104">Yeronga</a> Train Station boasts a direct cross-river rail link and improved accessibility, cementing Jardinia's status as a hub of connectivity.

For the foodies, options start just across Devon St, where Yeronga Bakery Cafe and Teddy J's BBQ &amp; Burgers.

Only 250 metres ahead is Club Yeronga which serves everything from steaks, pasta and wood-fired pizza.

Golly Gosh, known for its thoughtfully crafted brunch dishes and top-notch coffee, is within 800 metres, while Osteria Epoca, where contemporary flavours meet traditional Italian methods, is just a three-minute drive.

[smartcode_project:default project_id=137221 project_image_fid=249210]

For everyday essentials and more, <a href="/developments/fairfield-qld-4103">Fairfield</a> Gardens Shopping Complex is a short six-minute car ride away from Jardinia.

The shopping complex is home to an ALDI, Coles, pharmacy, clinics, and even the Fairfield public library, as well as more cuisine and fast food dining options.

Outdoor enthusiasts will find Jardinia perfectly situated amidst various parks and green spaces.

[smartcode_project:default project_id=137221 project_image_fid=250614]

Yeronga Street Park, with its views of the Brisbane River and the Indooroopilly Golf Club across, is 500 metres west of Jardinia.

The 5.5-hectare Hyde Road Park, only 700 metres north of Jardinia, has walking tracks, a dog-friendly park, playgrounds, and is surrounded by coffee shops. Slightly further afield is the&nbsp;22-hectare, heritage-listed Yeronga Memorial Park which also has a dog park and a playground, as well as a public swimming pool.

Families with school-going children will find convenience in the proximity of Jardinia to various educational institutions. Yeronga State School, St Sebastian's Primary School, Yeronga State High School, and Yeronga Montessori are all less than 650 metres from Jardinia, making them easily accessible by foot.

Designed by <a href="/architects/wiltshire-stevens-architecture">Wiltshire Stevens</a>, Jardinia offers one, two, three, and four-bedroom residences spread across five levels. Position Property is marketing Jardinia.

[smartcode_project_cta:default project_id=137221]

Designed by Wiltshire Stevens, Jardinia offers one, two, three, and four-bedroom residences spread across five levels.

Jardinia: Yeronga's most centrally located apartment development 

Brisbane builder developer Carbone Developments really know the importance of a well located project.

Their most recent, <a href="/new-apartments/parque-mitchelton-3-mcconaghy-street-mitchelton">Parque Mitchelton in Brisbane's north-west</a>, is ideally located so future residents hardly need a car to get everything and get everywhere they would need.

Set 35 metres from the Mitchelton Station, Parque is just 20 minutes from the city by train, and 15 minutes by car, if it's ever required.

The project of 60 one and two-bedroom apartments starting from $450,000 is also conveniently located within a six-minute walk to Brookside Shopping Centre which has over 100 retailers including Big W, TK Maxx and Target. There's both a Woolworths and a Coles, as well as all the major banks branches. Food and dining options are also aplenty.

&nbsp;

[smartcode_project:default project_id=140363 project_image_fid=256075]

On top of the food and beverage options in the shopping centre, there's also plenty of hospitality venues around the train station including Mary's Seafood, American diner Miss Kay's , Blackwood Espresso Bar and quaint cocktail bar The Woods Bar.

While there's extensive connectivity and convenience near Parque, there's also significant nature opportunities. The apartments have the backdrop of Michelton's leafy Osborne Road Park.

One of the most popular parks is Terabla Park, just over one kilometre from Parque. That features expansive green areas, playgrounds for children, picnic spots, and barbecue facilities. The park also features walking and cycling paths, making it a favourite for both active individuals and families.

There's also further opportunity for nature walks at&nbsp;Bartley's Hill Reservoir and South Pine River, the latter which runs along Kedron Brook Creek.

[smartcode_project:default project_id=140363 project_image_fid=250230]

There's five primary school opportunities within one kilometre of the front door of Parque, as well as five secondary schools. Tertiary education institutions are also within close proximity, with campuses of the University of Queensland and Torrens University Australia around five kilometres away.

Residents at Parque are also treated to extensive amenity within the building in the form of a&nbsp;swimming pool and a gym, as well as a sun deck with barbecue facilities and park views.

The apartments have been designed by Red Door Architecture to make the most of Brisbane's tropical climate, with the open plan kitchen, living and dining areas opening onto balconies.

<a href="/developers/carbone-developments">Carbone Developments</a>&nbsp;has been developing in Brisbane for over two decades. They've developed both house and multi-residential projects in the likes of&nbsp;<a href="/new-apartments/lutwyche-qld-4030">Lutwyche</a>,&nbsp;<a href="/new-apartments/redland-bay-qld-4165">Redland Bay</a>&nbsp;and&nbsp;<a href="/new-apartments/chermside-qld-4032">Chermside</a>.

They have future projects coming up in&nbsp;<a href="/new-apartments/windsor-qld-4030">Windsor</a>&nbsp;and Redland Bay.

[smartcode_project_cta:default project_id=140363]

While there's extensive connectivity and convenience near Parque, there's also significant nature opportunities

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