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

Joel Robinson

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

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

Conquest partners with Woolworths to deliver mixed-use Waterloo project

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

The Rothschild reinterprets Rosebery’s industrial DNA into residential form

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

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

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

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

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

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

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

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

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

Every First Home Owner Grant for new property by state

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

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

Staff Writer

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

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

alisonwarters@gmail.com

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

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

Ellen Walker

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

Chevron Island is poised to welcome an exciting new apartment development after a private consortium revealed plans for a striking $140 million residential tower.

Nera, located in the heart of Chevron Island at 8-10 Parneno Street, will deliver 87 apartments across a 28-level building.

The project is being undertaken by the Bastion development group which is made up by a private consortium of national and expat developers. This will be the company’s first of a number of projects on the Gold Coast after Bastion also purchased another site in Surfers Paradise for a future apartment development.

One of the developers in Bastion, Alex Wood, describes Nera as more than a residential project, saying it's a symbol of evolved luxury and sophistication.

“Nera isn't just another residential project, it's a statement and a testament to the evolving tastes and preferences of those seeking a premium living space and will represent a community that cherishes the finer aspects of life,” said Mr Wood.

“The location of Nera is strategic, offering residents the unique blend of Chevron Island's intimate village atmosphere and close proximity to the Gold Coast's bustling hotspots like HOTA, Surfers Paradise, and dining precincts."

<img alt="NERA" data-entity-type="file" data-entity-uuid="9d117d2f-e354-4967-9031-8c8bbd0aa51a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-12-06%20at%201.35.27%20pm.png?VersionId=2gZwJLzsl4iqWdv00YMPuriob_HrUslJ" />

Bastion has worked up new plans for the Chevron Island site in order to meet demand for premium residences in one of the Gold Coast’s most in-demand suburbs.

Leading South East Queensland architecture firm, Plus Architecture has been engaged to design the Chevron Island project, which will offer spacious floorplans for functional apartment living without compromise.

“We’ve worked closely with Plus Architecture to curate spaces that seamlessly blend opulence with functionality, ensuring that every resident feels a sense of exclusivity and luxury in their daily lives,&amp;quot; said Wood.

There are 87 two and three-bedroom apartments, three-bedroom half-floor sky homes, and a full-floor penthouse with panoramic views of the Pacific Ocean and Gold Coast Hinterland.

Architecture firm Plus Architecture is tasked with delivering the tower's distinctive curvature and detailing, designed to capture the essence of 'barefoot luxury.'

Levels 2-19 will house only four 90 sqm to 118 sqm two-bedroom apartments per floor, some featuring a multi-purpose room.

<img alt="NERA" data-entity-type="file" data-entity-uuid="b712627c-9cc1-41ff-a04b-146f5c3b487e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-12-06%20at%201.35.12%20pm.png?VersionId=H8WQSnzi8c5b2n9BVvTAXI7OM_4qPcSV" />

The three-bedroom apartments and half-floor sky homes, ranging from 179-236 sqm, will be on Levels 20-26, with just two units per floor.

Lastly, the four-bedroom full-floor penthouse, spanning 412 sqm, will be on the 27th level overlooking 360-degree views.&nbsp;

All apartment units feature open-plan layouts with spacious balconies showcasing ocean, river, or hinterland views.

A mezzanine-level wellness centre with a yoga deck, gym, sauna, and shower facilities is available on the ground floor, while the rooftop will home an&nbsp;infinity pool, private dining areas, and outdoor lounges with fire pits.

<img alt="Nera" data-entity-type="file" data-entity-uuid="70347e0a-17aa-4b5b-a5c4-e47ba69d2999" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-12-06%20at%201.35.22%20pm.png?VersionId=AWDmFLX39FhxMG8HxtIyZ9g7regWsUnp" />

&nbsp;

ONE:PM is marketing Nera, which is expected to start construction in Q2 2024.

"Bastion has revisited and re-envisioned the project, tailoring it to meet the current market demands and buyer needs, enhancing the quality and finishes to create something truly exceptional,” ONE:PM Managing Director Alex De Vincentiis says.

[smartcode_project_cta:default project_id=108640]

Architecture firm Plus Architecture is tasked with delivering the tower's distinctive curvature and detailing, designed to capture the essence of 'barefoot luxury.'

New Chevron Island apartment development NERA to launch

Pikos Group's CEO Michelle Wooldridge Discusses Brisbane's Property Market and Exciting Developments

Apartments.com.au's CEO Mike Bird recently had an insightful conversation with Michelle Wooldridge, the CEO of Pikos Group. With a wealth of experience in the property market, including roles with major developers, Wooldridge shared her perspectives on Brisbane's property market and provided a glimpse into Pikos Group's exciting future.

&lt;p&gt;&lt;iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" src="https://www.youtube.com/embed/xtIs4BgHEf8?si=1iMMNneu5wpjcwB1" title="YouTube video player" width="560"&gt;&lt;/iframe&gt;&lt;/p&gt;

Evolution of Brisbane's Property Market

Wooldridge highlighted the evolution of Brisbane's property market over the past 5 to 10 years, emphasizing the city's growth and evolving placemaking initiatives. The rise of owner-occupiers and increased interest from interstate and international buyers indicate Brisbane's appeal. With significant precincts like Eagle Street and Queens Wharf nearing completion, coupled with the upcoming Olympics, Brisbane's property market is experiencing tremendous momentum.

Challenges and Opportunities

The interview touched on challenges arising from major infrastructure projects, such as hospital developments and the Olympics. Wooldridge acknowledged the positive impact of these projects on Brisbane's growth but highlighted the pressure on the subcontractor market. Despite challenges, the underlying fundamentals and the confidence in Brisbane's growth trajectory provide a solid foundation for continued success.

Changing Perspectives on Urban Living

Wooldridge and Bird discussed the shift in perspectives on urban living, emphasizing lifestyle choices and the appeal of apartments. Brisbane's favorable weather, coupled with high-quality products, makes the city an attractive option for those reassessing their living preferences. The discussion touched on the changing needs of residents, including downsizers and mature families, who seek the convenience and lifestyle benefits of well-located, high-end projects.

[smartcode_project:default project_id=90059 project_image_fid=218025]

Pikos Group's Pipeline and Vision

Wooldridge shared Pikos Group's impressive pipeline, boasting a $1.2 billion portfolio. The diverse projects, strategically located in or near riverfront precincts, contribute to the group's confidence in Brisbane's future growth. The discussion highlighted Pikos Group's transition from a business-to-business (B2B) model to a developer holding and managing stock, marking a new phase in the company's approach.

Confidence in Pikos Group's Future

Assembling a team with both tier-one corporate capability and entrepreneurial innovation, Pikos Group aims to deliver exceptional projects. Wooldridge expressed confidence in the team's ability to blend experience and innovation, citing the Lambert Street project at Kangaroo Point as an exciting example of this synergy.

[smartcode_project:default project_id=90059 project_image_fid=218022]

[smartcode_project_cta:default project_id=90059]

The conversation concluded with Bird expressing Apartments.com.au's enthusiasm for partnering with Pikos Group, recognizing the depth of experience and the exciting prospects the collaboration promises for Brisbane's property market.

Stay tuned for Pikos Group's transformative projects that marry corporate expertise with entrepreneurial spirit, shaping Brisbane's urban landscape for years to come.

[smartcode_project:default project_id=90059 project_image_fid=218023]

Dive into Brisbane's property market in this interview with Michelle Wooldridge, the CEO of Pikos Group. Gain valuable insights into the evolution of Brisbane's real estate scene, driven by placemaking initiatives and an influx of interstate and international interest. 

Explore the challenges and opportunities presented by major infrastructure projects like hospitals and the upcoming Olympics, and discover how Pikos Group is strategically positioned with a $1.2 billion pipeline to capitalise on the city's growth. 

Michael Bird

How Brisbane's apartment market is coming into its own with Michelle Wooldridge, CEO at Pikos Group

Brisbane developer Aria Property Group is reviving its green South Brisbane apartment development, pitched as an Urban Forest when initially drafted nearly four years ago.

The Koichi Takada-designed building at 23-25 Glenelg Street was approved at 20 levels a few years ago, after council made Aria cut 10 levels from their original 30-level proposal.

Aria argued that the new 20-level height limit made the project economically unviable.

<img alt="Aria" data-entity-type="file" data-entity-uuid="53509ee5-05fe-43a0-9194-a8e076a906d8" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-12-06%20at%209.13.26%20am.png?VersionId=4ZWdY9FPpG9x.3r2bZDwx6DLruvFoTTg" />

After back and forth, with the Brisbane Council approaching the State Government to&nbsp;implement a Temporary Local Planning Instrument for the Kurilpa area, the tower is now back in planning at its original 30 levels.

The Town Planning Report by Urbis said the project will be one of the world's greenest buildings, with a green plot ratio of 200 per cent. A green plot ratio&nbsp;provides a quantitative assessment of the amount of vegetation and open spaces in relation to built-up areas.

"Aria’s ‘Urban Forest’ comprises a truly iconic and world-class residential building, one which links Musgrave Park and South Bank Parklands," Urbis noted in their report.

"With a one-of-a-kind building offering dramatic views, significant community benefits, housing diversity and design excellence through lush subtropical greenery to the building."

<img alt="Koichi" data-entity-type="file" data-entity-uuid="d0853163-668d-4ad2-9de4-6bc746143752" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-12-06%20at%209.13.32%20am.png?VersionId=ziazafClff8VoKnoQORcUdKLgJuhkTDC" />

Urbis said the project landscape architects, LatStudios, have analysed the world’s most recognisable and acclaimed green buildings to confirm that the proposal does indeed provide the most landscaping for any residential building in the world.

The ground plane has been dedicated as a considered open space at a more intimate scale than the nearby large and medium scale public green spaces with a variety of seating, open space, lighting, art, water features, high volume, sculptural green columns.

<img alt="Aria" data-entity-type="file" data-entity-uuid="7b1cde0d-30de-4aeb-a0be-6b6030d6747a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-12-06%20at%209.35.57%20am.png?VersionId=AQuEY1WnzUDs16S1qlgSu5wAb_wvpnFy" />

"The proposal goes above and beyond the usual offering for a residential building with a level of community and public benefit that is unprecedented for any development of this scale in Brisbane – a true landmark for the city and a new benchmark for innovative subtropical design in Australia," Urbis added.

The 30-level tower would home 321 apartments, down from 383 apartments in the original 30-level design. There will be a variety of configurations, from one-bedroom to five-bedroom apartments.

Recreational space will be on the communal rooftop, where there will be a 50-metre infinity pool and a number of spas, cabanas and day beds, yoga spaces, meditation pods, and barbecue and alfresco areas.

<img alt="Aria" data-entity-type="file" data-entity-uuid="edaed2ec-7f66-44e4-a0d6-9e63073e9745" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-12-06%20at%209.35.24%20am.png?VersionId=HwQgtKT40qR99NwT75j30j7p1fBjQub3" />

"The permeable and sculptural collection of rooftop forms interspersed with lush vegetation give the skyline a unique subtropical crown that will be lit like a cluster of lanterns punctuating the South Brisbane silhouette," Urbis said.

"The crown also provides a practical function in shading the external open space and amenities for all residents to enjoy. The outdoor space allow residents the opportunity to celebrate and embrace Brisbane’s mild climate with a multitude of options for communal recreation with spectacular views in all directions."

ARIA has a strong track record of delivering sculptural rooftops across Brisbane. Their recently completed Upper House by Aria, also in South Brisbane, features a double-storey rooftop with golden ribbons crowning the 32-level building.

"Aria’s ‘Urban Forest’ comprises a truly iconic and world-class residential building, one which links Musgrave Park and South Bank Parklands," Urbis noted in their repor

Aria revive plans for "one of the world's greenest buildings" in South Brisbane

The third tower of the landmark $1.5 billion three-tower Jewel is now being presented to the market for the first time.

The release is being called the&nbsp;Diamond Tower Collection of Jewel Private Residences, and comes following the sell-out&nbsp;of the Jewel Private Residences Tower 1 Sapphire Collection. That had 100 apartments which sold for a total of $200 million.

The first release of the Diamond Tower Collection comprises just 15 of the premium apartments in the third tower, listed by Jewel developer, Australian investment and development company AW Jewel.

The private residences are priced from $1.6 million and range up to $7 million for a three-bedroom apartment.

<img alt="Jewel" data-entity-type="file" data-entity-uuid="712fb54f-d007-4100-a96b-8fec94f6b51d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-12-05%20at%208.35.17%20pm.png?VersionId=BukyvZT7RxPznniZbnly_FN2_W6kHSGH" />

The 34-storey absolute beachfront tower encompasses 108 apartments in total, with bespoke elements in each apartment corresponding to the unique diamond shape building structure, resulting in no two floorplans being the same.

&nbsp;A unique premium inclusion to the Diamond Tower Collection of premium apartments is they have the only true and genuine concierge service available to private residences on the Gold Coast. No other current private residential apartments on the Gold Coast offers this level of concierge services provided by the Diamond Tower Collection.&nbsp;

The concierge offers a premium range of services from greeting residents and their visitors and accepting parcels through to organising restaurant and event bookings, catering and in-house chefs. The concierge can manage a variety of domestic tasks including luggage handling, absentee owner services, laundry and dry cleaning, floral arrangements and apartment cleaning.

Diamond Tower Collection residents will also have exclusive access to state-of-the-art wellness facilities by The Langham, Gold Coast on Level 2 in their building, available for use only to hotel guests and Diamond Tower Collection residents. That includes a 20-metre indoor magnesium swimming pool and a fully equipped 262 sqm gymnasium overlooking the beach.

[smartcode_project:default project_id=8843 project_image_fid=220117]

AW Jewel General Manager Yutao Li said the release of the Diamond Tower Collection was a major milestone in the delivery of the fully completed Jewel to being the landmark five-star hotel and residential precinct for the Gold Coast and Australia.

“Following the recent release of Tower 3 titles, our team is very happy to be launching the long-awaited Diamond Tower Collection, our signature range of ultra-premium apartments at Jewel Private Residences,” Li said.

“Jewel Private Residences sales team TOTAL Property Group has been preparing the Diamond Tower Collection for release to the market and has styled five new display apartments to showcase the breathtaking views and demonstrate the apartments’ potential for the ultimate beachfront lifestyle.”

[smartcode_project:default project_id=8843 project_image_fid=220116]

TOTAL Property Group Managing Director Adrian Parsons said the release of the Diamond Tower Collection presented the prestige property market with an incredible opportunity.

“Following the outstanding sales success in 2023 of over 100 apartments within the Sapphire Collection, we are proud to present a limited release of 15 apartments within the new,&nbsp;<a name="m_4688472948180721901__Hlk152566566">never before seen</a>&nbsp;Diamond Tower Collection,” Parsons said.

“The Diamond Tower is exceptionally well positioned at Jewel on absolute beachfront, between the prime coastal destinations of Surfers Paradise and Broadbeach on a quieter stretch of beach away from the&nbsp;crowds.&nbsp;

“Demand for luxury property in Southeast Queensland, and particularly on the Gold Coast, is not slowing down with strong internal migration driving demand that we expect will continue for many years."

<img alt="Jewel" data-entity-type="file" data-entity-uuid="a230494e-8016-40af-b7af-f6ae6abadda1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-12-05%20at%208.35.12%20pm.png?VersionId=v1EDEDikkg7HWWE9FSraU1maxZ1kQtaX" />

Parsons says whether it is for living in or holidaying, there has been unprecedented demand for larger sized private apartment residences with extensive luxury resort style amenities.&nbsp;

“Obtaining the ultimate beachfront lifestyle is drawing buyers to the Gold Coast and the Diamond Tower Collection exceeds their expectations, being the only completed brand new five-star apartments currently available, and with unprecedented amenity by The Langham, Gold Coast," Parson says.

“Many of our buyers own multiple residences around the world and are drawn to the Gold Coast because of our idyllic coastal beachside city lifestyle that is becoming increasingly highly valued from high-net-worth world travellers.”

Jewel is located at 36 Old Burleigh Road, Surfers Paradise on the Gold Coast in a prime location between Broadbeach and Surfers Paradise. To showcase the just released Diamond Tower Collection, five new display apartments have opened in the Diamond Tower to demonstrate the potential interior design opportunities for various floorplans. Inspections available by appointment.

TOTAL Property Group Managing Director Adrian Parsons said the release of the Diamond Tower Collection presented the prestige property market with an incredible opportunity

Final Jewel, Gold Coast apartment tower, released to market

<a href="/developments/palm-beach-qld-4221">Palm Beach</a> in the southern Gold Coast has become one of the hotspot off the plan apartment markets in the whole country over the last few years.

While always known to locals as one of the best spots on the Gold Coast, it was very much put on the map to souther state dwellers from the early stages of COVID.

The suburb now represents a blend of old and new apartments.

A recent purchaser in Sherpa's <a href="/news/qld/sherpa-launch-perspective-nexus-palm-beach-apartments">recently launched Perspective Nexus</a> said the location of the development, as well as its internal amenity and reputation of the developer, were the driving factors in her purchase.

"Palm Beach has so much to offer," buyer Julie says.

"On your doorstep, you've got shopping complexes and cafes and restaurants, and if you're in a location like <a href="/new-apartments/perspective-nexus">Perspective Nexus</a>, you can literally just jump on your bike and you can ride down and do your shopping. There's also access to a lot of nature trails around the area so it's really the perfect place to sort of unwind."

Julie says what she loves most about Palm Beach is the access to all the bike paths.

"You can be riding along the beach or you could work your way down the coast and end up in the hinterland areas so it really is a spectacular location."

[smartcode_project:default project_id=108324 project_image_fid=232526]

Perspective Nexus is located on the prized eastern side, the beach side, of the Gold Coast Highway, one building away from the <a href="/developments/palm-beach-qld-4221">Palm Beach</a> Parklands.

"Location-wise, I don't think you can really beat it," Julie adds.

"I think it's just the lifestyle that just really offers you and the flexibility. You can literally just walk downstairs and be on the beach within a couple of minutes, and that, probably to me, is the biggest advantage of living in a complex like <a href="/new-apartments/perspective-nexus">Perspective&nbsp;Nexus</a>."

[smartcode_project:default project_id=108324 project_image_fid=232460]

Julie says she's looking forward to going downstairs to June Cafe, next door to <a href="/new-apartments/perspective-nexus">Perspective Nexus</a>, to have a coffee and breakfast.

"Being right on the beach, of course, you've got the estuary with the flat waters and you've got the beach with the ocean, so it's great for surfers or any other kind of sort of water sports.&nbsp;But there's also the dog beach so you can bring your dog down for the day. Whether it's the estuary or the ocean size, there's a dedicated area for our fur babies, which I am pretty excited about!"

<a href="/new-apartments/perspective-nexus">Perspective Nexus</a>, just 32 apartments designed by Hayes Anderson Lynch, comprises a sole two-bedroom apartment, 21 three-bedroom apartments each with a multi-purpose room, and five four-bedroom apartments. There's also two penthouses and three two-level skyhomes with private rooftops.

[smartcode_project:default project_id=108324 project_image_fid=231829]

Julie said the biggest advantage for her moving into Nexus is the wellness centre. Residents will have exclusive access to&nbsp;a dedicated wellness space featuring a swimming pool, magnesium spa, outdoor kitchen, sauna, hot and cold pools, a steam room, and a wellness garden.

Additional amenities and features will include an electric car charging station, individual apartment storage, a car wash bay, a dog wash, and parcel delivery storage, including a cold store.

<a href="/new-apartments/perspective-nexus">Perspective Nexus</a> marks Sherpa's third venture in&nbsp;<a href="/developments/palm-beach-qld-4221">Palm Beach</a>, following the highly successful Perspective 488 project, which sold out within three months, and its fast-tracked sibling, Perspective Two Sea. Together, these projects achieved a combined sales total exceeding $70 million.

Julie also said she felt safe buying an apartment from Sherpa, who have delivered quality apartments and buildings for a number of years.

[smartcode_project_cta:default project_id=108324]

Perspective Nexus is located on the prized eastern side, the beach side, of the Gold Coast Highway, one building away from the Palm Beach Parklands

Why I bought a Perspective Nexus, Palm Beach apartment

The Brisbane off the plan apartment market has proven to be a challenging market in 2023, not through lack of demand, but through lack of supply and choice for buyers.

Projects that have been in market, even without confirmed builders, have been sought-after, while those that either do have build contracts signed and are coming out of they ground, they are a dime a dozen, and almost don't have to do any marketing.

Data from Apartments.com.au shows demand in Brisbane has been consistent throughout the whole of 2023, with so little to choose from. Interestingly traffic from Melbourne hasn't declined at all over the last 12 months.

There are early signs that supply might start to come to the Queensland capital, which will give prospective buyers more choice as well as bridge the gap between the Queensland Government's ambitious target of delivering 34,500 new homes a year to South East Queensland and the current and continued boom in migration.

We've wrapped up the top 10 developers to look out for in Brisbane in 2024, those who are either completing projects, starting construction, or are preparing to launch a new one.

<h3>Sarazin</h3>

Sydney-based developer Sarazin might be one of the busiest developers in the country in 2024. They're no doubt the most prominent developer around the 2032 Olympics precinct, making a play for the Woolloongabba area well before the Olympics announcement.

They were there before the announcement, developing Silk One, literally looking into The Gabba. Their latest tower, Murcia, isn't much further away on Overend Street, 300 metres from the turnstiles. Murcia comprises 187 apartments designed by Rothelowman <a href="/news/qld/hovering-above-the-gabba-sarazin-produce-special-rooftop-at-murcia-residences">with a striking rooftop</a> homing an infinity pool and full wellness centre with&nbsp;heated magnesium plunge pools, a steam room and a sauna.

Read more:&nbsp;<a href="/news/qld/a-front-row-seat-to-the-2032-brisbane-olympics-how-murcia-residences-is-set-to-take-advantage-of-woolloongabba-boom">A front row seat to the 2032 Brisbane Olympics: How Murcia Residences is set to take advantage of Woolloongabba boom</a>

[smartcode_project:default project_id=135094 project_image_fid=214685]

Within a week in August and September, Sarazin showed their hand of what they're planning for 2024.

First they <a href="/news/qld/first-look-sarazin-scale-up-nuage-woolloongabba-apartment-plans">upsized their plans</a> for their prime 4,057 sqm site across&nbsp;6-18 Wellington Road and 25 Nile Street. The project, Nuage, was initially approved for two 20-level towers with 368 apartments.

However, now reacting to the desperate need for housing in Brisbane, they're seeking to bring 582 apartments across two 37 and 27-level towers.

A week later Sarazin filed plans for Hampton Yards which will bring another 787 apartments to their portfolio.

<img alt="Sarazin" data-entity-type="file" data-entity-uuid="07456c73-126a-47be-a67c-2e6f7b214825" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-12-04%20at%204.11.11%20pm.png?VersionId=6DAgLbbie5kVWkBB8kaU2JVpbBMAg3id" />The proposed Hampton Yards project: Image supplied

The three-tower development 21 Wellington Road, on the opposite side of the street from Nuage, will also feature park upgrades to Watt Park, which will be renamed Whirling Water Park, podium levels with commercial and retail spaces, and a resident rooftop atop each building with an infinity pool, gym, private dining area, barbecue and outdoor dining space, and even a pickle ball court.

Both projects, pending council approval, are expected to launch in late 2024.

<h3>Kokoda Property</h3>

Kokoda Property will be gearing up to launch their game-changing <a href="/news/qld/kokoda-propose-1-5-billion-triple-tower-riverside-development-in-teneriffe">$1.5 billion Tenerrife precinct</a> having submitted approvals for the 17,612 sqm Skyring Terrace riverfront block in October.

They're planning a vibrant residential, retail, food and beverage precinct with towers ranging from 12 to 30 levels. The proposal is for 380 residences,&nbsp;a 9,149 sqm hotel, a large plaza, extended riverwalk and laneways throughout with lively public spaces, and 15 office tenancies totalling 2,400 sqm and 2,800 sqm of retail, cafes, and restaurants.

<img alt="Kokoda" data-entity-type="file" data-entity-uuid="eff0a9dc-8179-425c-8f17-264616ba92bf" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Kokoda.png?VersionId=mhCRv2feIsy9BdhrGpwBRjRygZfbqHM3" />

<a href="/developers/kokoda-property" target="">Kokoda Property</a>&nbsp;Founder and Managing Director, Mark Stevens, said that the project aims to provide enhanced design and landscaping that speaks to Brisbane's subtropical biophilic surroundings and Woolstore design intent while providing large, open public spaces.

Pending approvals, they'll seek to launch the project next year, and start construction toward the back end of 2024.

Currently they're selling the penthouses across their completed Brisbane portfolio, Chesrter &amp; Ella and The Ambrose, both in Newstead, as well as recently launching their new apartment development, <a href="/new-apartments/ruby-ruby-milton-12-crombie-street-milton">Ruby Ruby in Milton</a>.

“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 Mark Stevens says.

<h3>Pikos Group</h3>

Pikos Group will be busy in 2024 with their second Kangaroo Point project, which they recently had redesigned to create a full acre of parklands in the inner-city.

The revised plans for 108 Lambert Street envisions two 15-level towers with 214 one, two, and three-bedroom apartments, stretching between the Brisbane River and Lambert and O’Connell Streets.

Construction is set to commence in 2024, with an estimated completion in mid-2027. Pikos Group is actively engaging with potential builders, with an announcement expected in the coming months.

<img alt="Pikos" data-entity-type="file" data-entity-uuid="4b3bc560-1a1c-4dac-a0e7-21b85e16a935" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-12-04%20at%202.19.53%20pm.png?VersionId=2ifZtOyJn2MCUQVxBKxNMuC83GSLB08S" />

Read more:&nbsp;<a href="/news/qld/first-look-pikos-redesigns-kangaroo-point-apartment-development-creating-one-acre-of-inner-city-parkland">First look: Pikos redesigns Kangaroo Point apartment development, creating one acre of inner-city parkland</a>

Pikos will also continue construction work on their $300 million flagship project, Skye by Pikos, on the Kangaroo Cliffs.

The two 13-level buildings, connected by a sky bridge, will comprise 68 luxury apartments on River Terrace, offering never to be built out views over Kangaroo Point and the Brisbane River to the city.

[smartcode_project:default project_id=90059 project_image_fid=218022]

Residents will get exclusive access to the 1,000 sqm sky deck which will home an infinity pool and a rooftop leisure and restaurant precinct.&nbsp;

Read more:&nbsp;<a href="/news/qld/everything-a-buyer-needs-to-know-about-skye-by-pikos-in-kangaroo-point-five-minutes-with-pikos-ceo-michelle-wooldridge">Everything a buyer needs to know about Skye by Pikos in Kangaroo Point: Five minutes with Pikos CEO Michelle Wooldridge</a>

<h3>Gardner Vaughan Group</h3>

The family-run Gardner Vaughan Group have four different developments on the go next year in Brisbane, two completing and two launching.

They'll be finishing Estilo on the Park in Chermside in Brisbane, 122 apartments above four retail spaces, and Stonebrook in Stones Corner, 90-apartments adjacent to Hanlon Park.

They'll keep the pipeline of new apartments flowing with Danby Lane in Nundah Village on the north side of Brisbane. They have approval for 84 apartments above six ground-level retail spaces and four commercial spaces.

<img alt="Nundah" data-entity-type="file" data-entity-uuid="7ae92e96-6c39-4486-8fe7-e52ac35b217b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-12-04%20at%202.32.01%20pm.png?VersionId=_e..v6xMjea0DH0BnZMH3q_CcoUsyAH9" />The plans for Nundah Village. Image supplied

They also have an unnamed project in Kangaroo Point which will have 81 apartments, also above four retail spaces. They're currently working through a small modification to the development application.

Gardner Vaughan has two projects in Bokarina Beach on the Sunshine Coast. They'll be completing construction of Zinc Bokarina next year and launching the second tower in the popular Bask Bokarina.

<h3>Sekisui House Australia</h3>

Sekisui House Australia are looking to a big 2024 at their $1.1 billion masterplanned precinct, West Village.

They'll be completing their penultimate stage, The Allere Collection, comprising two towers UNO and DUO which are currently over 90 per cent sold.

The plan is to also launch the final stage of West Village, which they started developing way back in 2016 on the 2.6-hectare site of the 1920s Peters Ice Cream Factory, which saw the buildings restored and converted into commercial premises as part of the redevelopment.

The 15-storey building, which will be their most owner-occupier focused yet with around 70 three and four-bedroom apartments, will be the last chance to buy into the thriving community. FJMT studio designed the new tower, dubbed Callista on the Park.

<img alt="Sekisui House" data-entity-type="file" data-entity-uuid="d61e7ae1-a4cf-4c10-8978-3eb0c10d47ab" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-12-02%20at%201.19.11%20pm.png?VersionId=jYIRxzD74zee2ty3l7AkZox1lbO7iAWw" />

West Village encompasses approximately 6,500 sqm of public spaces including The Common, a 1,400 sqm landscaped green space along West End's Boundary Street.

The nine-tower West Village&nbsp;has won more than 40 awards, the most recent being the&nbsp;internationally renowned 2022 ULI APAC Award for Excellence.

Sekisui House also has a number of masterplanned projects in Sydney.

<h3>Unison Projects</h3>

Super A-Mart billionaire John Van Lieshout's property development firm, Unison Projects, has quickly built itself a large development pipeline having been surprised at how quickly they sold down their last batch of residential development.

In 2021 they strategically acquired a number of sites across South East Queensland, from the Gold Coast to inner-ring Brisbane. Now they have development applications or approvals in place, they're looking to execute in 2024.

Their most striking project is definitely Bank &amp; Mollison, their West End tower which has been designed to tier down from its 18-level high.

<img alt="Unison" data-entity-type="file" data-entity-uuid="7ccbfc2e-3c3d-4653-b982-d9119f54f763" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-12-04%20at%202.36.51%20pm.png?VersionId=SBwA0sqqQ5ekrZUZWE6_Uyf4ZJawQman" />

The Rothelowman-designed project on the corner of Bank and Mollison Streets will home 101 apartments above a podium and various resort-style amenities.

Read more:&nbsp;<a href="/news/qld/first-look-billionaires-unison-projects-lodge-plans-for-subtropical-rothelowman-apartment-tower-in-west-end">First look: Billionaire's Unison Projects lodge plans for subtropical Rothelowman apartment tower in West End</a>

The tower submission came just a few days after they filed for a very different project in Herston where they're set for a <a href="/news/qld/first-look-unison-projects-propose-boutique-apartment-development-in-herston">more boutique 38-apartment development</a> designed by Ellivo Architects.

Also in their pipeline is the Newstead Federal Boot Factory, which was bought for $5.7 million in 2020. Unison amended the Joe Adsett plans that came with the sale, calling on Ellivo Architects to amend the density from 52 apartments to 41.

Their Gold Coast projects are in Labrador and Hope Island.

Read more:&nbsp;<a href="/news/qld/first-look-billionaires-unison-projects-lodge-plans-for-subtropical-rothelowman-apartment-tower-in-west-end">First look: Billionaire John Van Lieshout continues residential development push with new Hope Island townhouse project</a>

<h3>Dibcorp</h3>

Dibcorp will be heading into 2024 on the back of a successful sellout of their Newstead apartment development, Bide by Newstead.

Recently completed, Bide Newstead at&nbsp;29 Longland Street comprises 89 apartments which were designed with a focus on wellbeing and liveability.

The project features a&nbsp;600 sqm lush garden, known as Bide Gardens, which will home private cabanas and barbecue facilities.

Dibcorp's focus in 2024 will be the redevelopment of the former Spring Hill Hotel, which they want to convert into an 18-level mixed-use tower with 126 apartments.

[smartcode_project:default project_id=142092 project_image_fid=314270]

The development at&nbsp;100 Leichhardt Street will see the Spring Hill Hotel undergo restoration. It will become part of the residential tower.

DKO said in their submission to the Brisbane City Council the main design focus is to strike an appropriate scale for the site, situated on the border of the CBD, effectively mediating between the height and density of the city and the Spring Hill neighborhood. The project also aims to ensure that the Spring Hill Hotel's historical significance is not only preserved but celebrated.

Dibcorp has been led by its founder&nbsp;Franco Di Bartolomeo since 1996.

<h3>Meriton</h3>

Harry Triguboff's Meriton has thousands of apartments in the pipeline across the eastern seaboard.

His latest play is in the heart of Brisbane where he's seeking to create a&nbsp;$1.3 billion twin-tower project at 204 Alice Street.

The development of the 5,485 sqm site, which is currently home to the Gardens Apartments building, will bring a much needed 799 apartments to the Brisbane market.

<img alt="Meriton" data-entity-type="file" data-entity-uuid="cda5b5df-8f2f-4acb-8e2f-f3ff0cb9b701" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-12-04%20at%203.27.38%20pm.png?VersionId=DoXN43FhbC7FwcrYYWrBYJuS9fsgX1k8" />

Meriton is expected to file plans for two 78 and 69-level towers early next year.

In September, Meriton was recognised as the busiest builder in Queensland for 2022-23, despite challenges in the construction sector.

The company has been named Australia's top apartment builder in the HIA COLORBOND® Steel Housing Top 100 Report, further solidifying its position as a market leader with a 4.5 Gold Star iCIRT rating.

<h3>Mosaic Property Group</h3>

No developer has a portfolio across South East Queensland like Brook Monahan's <a href="/developers/mosaic-property-group">Mosaic Property Group</a>. They have 14 apartment projects spread across the Gold Coast, Brisbane and Sunshine Coast, which they're focused on delivering in the next 12 to 18 months.

In 2024 they'll be completing four of those projects, three in the Gold Coast and one in Brisbane, each under their building arm, Mosaic Construction.

The Brisbane project, the sold out The Witton by Mosaic in Indooroopilly, will have 141 apartments across two buildings designed by Rothelowman.

The Gold Coast projects completing in 2024 are focused around the southern pocket, and are all sold out. In Kirra they have Luca by Mosaic on Douglas Street and in Burleigh Heads there's Florence by Mosaic and Augusta by Mosaic, both right next to the beach.

Mosaic have another three Brisbane buildings which they'll complete in 2025, The Mowbray by Mosaic in East Brisbane, The Prescott by Mosaic in Toowong, and The Manning by Mosaic in Milton. The three projects home nearly 300 apartments.

[smartcode_project:default project_id=111772 project_image_fid=199441]

Mosaic Founder and Managing Director Brook Monahan is optimistic regarding the South East Queensland property market in 2024.

"South East Queensland has consistently demonstrated robust fundamentals that underpin its allure for property investment, notably characterised by a critical undersupply of housing paired with sustained high demand, Monahan&nbsp;says."

"The persistent imbalance between supply and demand has been a key driver behind the ongoing escalation in the region's property values, highlighting the market's remarkable resilience.&nbsp;Adding to the favourable outlook, the region is experiencing an unprecedented level of infrastructure investment, both underway and planned, contributing significantly to economic growth and serving as a catalyst for employment opportunities."

"The ensuing influx of new residents, attracted by promising employment prospects and improved lifestyle offerings and connectivity, is expected to further amplify the demand for housing, particularly in areas rich in or close to amenities."

<h3>Aria Property Group</h3>

Tim Forrester's sustainability-focused <a href="/developers/aria-property-group">Aria Property Group</a> is expecting another big year in the local off the plan apartment space.

Having completed Upper House and Trellis in South Brisbane in 2023, <a href="/developers/aria-property-group">Aria</a> is well placed heading into 2024 with a number of projects well in train.

They have the almost sold-out Canopy House in Kangaroo Point and their Casa Mia development in West End, both under construction and expected to complete construction in 2025 and 2026

They'll also be hoping to launch their Urban Forest project in South Brisbane, having recently sought to push the height back up to 30 levels. The project has been <a href="/news/qld/aria-revive-plans-for-one-of-the-worlds-greenest-buildings-in-south-brisbane">described as "one of the world's greenest buildings."</a>

<img alt="Aria" data-entity-type="file" data-entity-uuid="7a0c0904-50b1-40e6-9d12-95b6b62384ab" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-12-06%20at%209.35.41%20am.png?VersionId=AyKd1xYCns5gdkhMUM.YpzPRoUVsz.Cr" />

The plans by Koichi Takada are for&nbsp;321 apartments, from one-bedroom to five-bedrooms.

Recreational space will be on the communal rooftop, where there will be a 50-metre infinity pool and a number of spas, cabanas and day beds, yoga spaces, meditation pods, and barbecue and alfresco areas.

The top 10 off the plan apartment developers to look out for in Brisbane in 2024

Brisbane-based townhouse developer Azure Development Group is continuing its push for delivering a more affordable housing product in Brisbane's fringe areas.

They've secured a 4.5 hectare infill site at&nbsp;499-507 Anzac Avenue in Rothwell in the Moreton Bay LGA, paying $20.1 million.

Azure, who have a development pipeline of $1.5 billion over the next five years in South East Queensland are planning&nbsp;around 230 townhouses, which will add to their three current projects in Rothwell. The project will have a mix of three and four-bedroom terrace homes. Azure is also considering a two-bedroom product to make their offering even more diverse.

Azure’s portfolio is tackling demand at both ends of the market - from downsizers looking for premium stock in Brisbane’s inner city to more price pointed housing in the key fringe growth precincts.

They have an active portfolio of seven developments, including&nbsp;two luxury apartment projects in inner Brisbane - One Earle Lane at Toowong which is approaching a sellout and One Five Six by Azure at New Farm, which set a price record for the inner city in 2022 with its $11.4 million penthouse sale.

[smartcode_project:default project_id=95611 project_image_fid=180226]

Azure’s Acquisition Director Chris Schroor says the acquisition of the Rothwell site builds on the company’s strategy of townhouse developments to meet the growing demand for affordable housing.

“We’re bullish about townhouses and we’re doubling down on our strategy through this acquisition,” Schroor said.

“We currently have three townhouse projects on the northern side of Brisbane, so this will add to that strategy.

“However, in order to meet the affordability criteria, we’re finding that we have to move further out of the Brisbane metropolitan area. Any offerings that we can deliver below $800,000 are selling quite strongly.”

In August, Azure launched the $55 million Munro by Azure which comprises 100 terrace homes in a gated estate located at Bundamba in Ipswich. The sold-out development offered three-bedroom, two-bathroom terrace homes for between $545,000 and $557,000 each.

“Our plans for Rothwell are similar to the Munro project, although it will be stronger from a price point considering the location,” Schroor added.

“It’s important to secure sites such as this that can deliver projects of scale to ensure we can meet the price points where the market dominates at present.”

Azure already has two other Ipswich projects in train – the $50 million Seasons by Azure, comprising 68 terrace homes in the Brookwater enclave in Springfield which is due for completion in December, and a proposed 129-lot project at Flinders View which is still in the planning stages.

Schroor says there's been confidence from all sector of the market, which he says has well and truly returned.

“We’ve had strong sales in the second half, with Munro selling out and the Northlakes development selling strongly.”

The Rothwell project joins Azure’s existing Brisbane northside projects of The Terraces by Azure, a 53-townhouse development at Mango Hill set for completion in January, and Willow by Azure at Northlakes which comprises 76 terrace homes that are priced from $699,900.

Azure’s Acquisition Director Chris Schroor says the acquisition of the Rothwell site builds on the company’s strategy of townhouse developments to meet the growing demand for affordable housing


Azure plans 230 townhomes at new Rothwell, Moreton Bay site

Metacap Developments has sold $20 million following the release of its $85 million Sovereign Promenade development at Paradise Point, with buyer confidence buoyed by construction of the first stage of eight villas edging closer to completion.

The development, located on the Paradise Point peninsular with views over the Broadwater and the residential enclaves of Sovereign and Ephraim Islands, has proved popular with owner occupiers looking to secure a position in one of the Gold Coast’s most sought-after lifestyle locations.

Metacap has secured buyers for seven residences, out of the 16 Villas and 12 apartments on offer. Nine apartments and 12 Villas remain for sale as construction of the first stage remains on track to be completed by March.

<img alt="Vilas" data-entity-type="file" data-entity-uuid="9361fd18-4fb1-4e0f-8c38-1cfa040f06d2" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-12-04%20at%2010.16.02%20am.png?VersionId=AqGxWuxxorb8CN_DMRS8WH.NeSUmJxtP" />

Sovereign Promenade, which is positioned on a 1.08-hectare site at 149 The Esplanade, will deliver a total of 28 residences comprising a collection of luxury villas and apartments that have been designed to meet demand for spacious homes along the Paradise Point foreshore.

The five three-level villas will range in size from 320 sqm to 448 sqm. Each villa will have&nbsp; three bedrooms, three bathrooms, study, two car spaces, and a private plunge pool.

Adding to the diversity of layouts are nine two-level villas offering a similar scale of living with designs ranging from 310 sqm to 446 sqm.

The villas will stand alongside four boutique apartment buildings, each comprising three full-floor residences. Each&nbsp;apartment occupies an entire floor, between 475 sqm and 524 sqm. They have three bedrooms, three bathrooms, a media room, study, four-car parking in the basement, and a private rooftop entertaining area with a jacuzzi.

<img alt="Villas" data-entity-type="file" data-entity-uuid="85ef36b7-fb9a-4456-9709-5fc2529d2157" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-12-04%20at%2010.16.22%20am.png?VersionId=v4MD7t72H1fN0u4_K.wO._1WJIfdLpS9" />

&nbsp;

Sovereign Promenade, which is part of the Salacia Waters Body Corporate, will deliver a range of residents’ amenities including swimming pool, gym, cinema and an entertainment- 
function hall.

&nbsp;

&nbsp;

The development is within walking distance to the restaurant and dining precinct of Salacia Waters and a 20-minute walk to the retail and dining precinct at Paradise Point.

Metacap Developments Director Nick Jimenez said&nbsp;Sovereign Promenade has been created to deliver a premium residential experience.

“Due to its unrivalled location along the Paradise Point, we have ensured that Sovereign Promenade lives up to the expectations of buyers looking for the best in coastal living alongside the Gold Coast’s most exclusive residential enclaves.”

Sovereign Promenade residences range in price from $2.5 million for a villa to $4.1 million for an apartment.

“With construction of the first stage of Sovereign Promenade nearing completion, we are currently fielding a higher level of inquiry, largely from local downsizers who are familiar with the unique position of the Paradise Point peninsula and everything this part of the Gold Coast has to offer,” Jiminez added.

“As Sovereign Promenade starts to come to life, our buyers have been able to see first-hand the quality of design and inclusions in this unique collection of residences.”

<img alt="Villa" data-entity-type="file" data-entity-uuid="9cb39e2e-3e91-40e9-a1ff-89a1136b41dd" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-12-04%20at%2010.16.17%20am.png?VersionId=T.tumUoxxWSeb.c1kNz9LMEzmS3ibkfR" />

Metacap Developments appointed Coastal Custom Projects as project builder following an extended tender process, with construction beginning in December last year.

Coastal Custom Projects is project builder for the final stages of the development, with construction of the second stage set to begin in the second quarter of next year.

Stage two, comprising six apartments and five villas, is scheduled for completion in the first quarter of 2025, with the final six apartments and five villas poised to welcome residents by mid-2025.

Metacap has secured buyers for seven residences, out of the 16 Villas and 12 apartments on offer

Metacap secure early success at Sovereign Promenade apartments and villa development in Paradise Point

Pyco Group has announced Brick Construction will build its West End apartment development Atelier, which is already 80 per cent sold following its launch in May this year.

Construction will commence in February 2024 on the Vulture Street development of 36 apartments, a unique offering given every apartment spans two levels.

Pyco sees the units more like vertical townhouses, starting from 143 sqm.

[smartcode_project:default project_id=105965 project_image_fid=211837]

The focus by DAH Architecture was to take advantage of Brisbane's sub-tropical climate, with the apartments opening onto large courtyards, balconies or rooftop terraces.

The apartments, each with three bedrooms, were first released to the market starting from $1,575,000, while the larger apartments, ranging between 218 sqm and 272 sqm, started at $2,195,000. Those apartments have the rooftop terraces and private pools.

"In an industry facing challenges, it is critical to have the right builder partner who has a strong track record and expertise to deliver the vision we've created at Atelier," Pyco's Ben Dalgleish said on the appointment of Brick Construction.

[smartcode_project:default project_id=105965 project_image_fid=211841]

The Vulture Street project will replace an ageing backpacker hostel.&nbsp;YPM are in charge of the sales and marketing.

Atelier follows the success of Pyco's Albion apartment development Nouveau, another collection of vertical townhomes.

[smartcode_project_cta:default project_id=105965]

&nbsp;

Atelier follows the success of Pyco's Albion apartment development Nouveau, another collection of vertical townhomes

Pyco appoints builder at Atelier West End

Brisbane-based developer Bottega Group has teamed up with builder turned developer 5Point Projects to launch their luxury <a href="/new-apartments/broadbeach-qld-4218">Broadbeach apartment development</a>, <a href="/new-apartments/faro-broadbeach-123-old-burleigh-road-broadbeach">FARO Broadbeach</a>.

The project of just 15 apartments at <a href="/new-apartments/faro-broadbeach-123-old-burleigh-road-broadbeach">123 Old Burleigh Road</a>, just one row back from the Broadbeach sand, is a redesign and relaunch of the former 123OBR project which Bottega were marketing before COVID hit.

Designed by Plus Architecture, <a href="/new-apartments/faro-broadbeach-123-old-burleigh-road-broadbeach">FARO</a> will home 11 full-floor, three-bedroom apartments, three five-bedroom sub-penthouses, and sprawling three-level penthouse spread across the top three levels of the 21-level building.

<img alt="FARO Broadbeach" data-entity-type="file" data-entity-uuid="60a7d1a9-ae49-4cea-9177-25e2e2f0239a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-11-30%20at%2012.55.59%20pm.png?VersionId=x1BNev7DdSrdbountX6_iR6oeBqtgzEG" />

The modern curved facade of <a href="/new-apartments/faro-broadbeach-123-old-burleigh-road-broadbeach">FARO</a> elegantly ascends into the sky, reflecting sunlight and mirroring the azure hues of the ocean.

The design seamlessly integrates with the surrounding environment, achieving a harmonious blend of contemporary aesthetics and natural beauty.

Rising 21 levels, with built-in garden beds on each level, FARO offers premium amenities and a luxurious living experience within each residence.

<img alt="FARO" data-entity-type="file" data-entity-uuid="83aa5314-ff9a-4449-9dcf-536d144d0113" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-11-30%20at%201.02.06%20pm.png?VersionId=OcJyiHPT0yQgIT.Xr5dlftIrPPvKqmDs" />

The residences at <a href="/new-apartments/faro-broadbeach-123-old-burleigh-road-broadbeach">FARO</a> are a rare collection of bespoke full-floor homes, characterised by generous, curated interiors defined by relaxed textures and opulent finishes.

Materials such as engineered timber floors, champagne brass, natural stone, warm timber-look surfaces, and expansive floor-to-ceiling windows framing panoramic views of the Pacific Ocean create genuine luxury and abundant natural light for all apartments.

<img alt="FARO" data-entity-type="file" data-entity-uuid="9c38036c-46fa-4013-b326-a72a129f8607" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-11-30%20at%2012.56.07%20pm.png?VersionId=aq4nuWLDxduAIHU6FuVTUUhn5lU12hEC" />

Each three-bedroom, full-floor apartment has a separate study, laundry, butlers pantry, and two car spaces.

The five-bedroom sub-penthouses span two levels each and have the same inclusions as the three-beds but another multi-purpose room.

The three-level penthouse will be one of the most impressive the Gold Coast has even seen. It will have five bedrooms, each with an ensuite no less, numerous living areas and private entertainment space and a rooftop terrace with a lounge and a swimming pool with sweeping views south to Kirra.

<img alt="FARO" data-entity-type="file" data-entity-uuid="0a00f05a-8dde-4200-8c8f-a8456f8b86d0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-11-30%20at%201.02.44%20pm.png?VersionId=bQttd1bdYhJQ7jjDJ5EQZAYhAzhK1Y.p" />

Residents will have extensive communal facilities in the form of a swimming pool, gymnasium, sauna, and communal dining spaces set within a lush landscaped garden.

Positioned in one of Australia’s most sought-after residential areas, <a href="/new-apartments/faro-broadbeach-123-old-burleigh-road-broadbeach">FARO</a> holds a prime location in the sought-after suburb of Broadbeach, just moments away from the region’s most desirable beaches, renowned recreational venues, as well as cafes and dining establishments.

5Point will be building <a href="/new-apartments/faro-broadbeach-123-old-burleigh-road-broadbeach">FARO</a>, and are expecting a late 2025 completion.

[smartcode_project_cta:default project_id=31666]

5Point will be building FARO, and are expecting a late 2025 completion

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