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?

Kokoda Property's Ruby Ruby Penthouse Collection offers the pinnacle of luxury apartment living in Brisbane's Milton.

There might not be another set of apartments in the inner-city suburb than rivals the eight sub penthouses and penthouses that are located toward the top of the 21-level, Cottee Parker-designed building on Crombie Street.

Kokoda has collaborated with interior design studio Carr Design Group for the exclusive Penthouse Collection residences, which start from $3.75 million. The sizes of the apartments range from just below 200 sqm to nearly 400 sqm.

Residents will be greeted with luxury and warmth the moment they arrive at Ruby Ruby with a welcoming concierge and an elegant entrance.

Penthouses will open up to a light-filled living room that takes in the backdrop of the Brisbane River and the city skyline. The open living and dining areas flow seamlessly to a large balcony overlooking sweeping views of Milton.

Modern curves and lines wrap the kitchen bench with delicate marble countertops, premium appliances and warm soft finishes, while the bedrooms, characterised by natural light and ample space, create a cosy sanctuary with soft carpeting and clean white walls.&nbsp;

After a fulfilling day, residents can unwind in their private bar and lounge, taking after-work happy hours to new heights.

Ruby Ruby's luxurious penthouses define style and elegance, extending from interiors to resort-style service and amenities.

Ruby Ruby residents will have access to a comprehensive suite of recreational facilities designed to provide a mix of relaxation, entertainment, and health and well-being activities.

The majority of the amenities will be located on the top level, with a few meeting rooms and work-from-home facilities on the ground level, along with a podium featuring a private dining and lounge area, a cinema room, and a billiards room.

Read more:&nbsp;<a href="/news/qld/a-rooftop-wellness-retreat-and-a-luxe-cinema-inside-the-facilities-at-kokodas-ruby-ruby-apartments-in-milton">A rooftop wellness retreat and a luxe cinema: Inside the facilities at Kokoda's Ruby Ruby apartments in Milton</a>

The rooftop will feature a full-width swimming pool, as well as several cabanas, a firepit area, barbecues, private dining and a bar.

Additional health and wellness amenities include an infrared sauna, spa, plunge pool, yoga studio, and a fully equipped gym.

Ruby Ruby is just 500 metres from the Brisbane CBD.

Read more:&nbsp;<a href="/news/qld/why-prospective-buyers-will-be-excited-by-the-location-of-kokodas-latest-brisbane-apartment-development-ruby-ruby">Why prospective buyers will be excited by the location of Kokoda's latest Brisbane apartment development, Ruby Ruby</a>

Construction is slated to commence in early 2024 with a target completion date in late 2025.

[smartcode_project_cta:default project_id=142650]

Kokoda Property has collaborated with interior design studio Carr Design Group for the exclusive Penthouse Collection residences

Inside the penthouse collection at Kokoda's Ruby Ruby Milton apartment development 

As they fast approach completion of their Main Beach apartment development <a href="/buildings/pearl-main-beach-3550-3552-main-beach-parade-main-beach">Pearl Main Beach</a>, veteran developer Raptis has been quietly working away on their new Broadbeach address, <a href="/new-apartments/the-sterling-broadbeach-6-8-george-avenue-broadbeach">The Sterling Broadbeach</a>.

They reduced the density of the George Avenue project, which was initially approved for a 43-level tower with 138 apartments designed by Koichi Takada.

Archidiom tweaked the designs and took off 17 levels, making a 30-level tower with 80 apartments with bigger floorplans than initially proposed.

[smartcode_project:default project_id=101620 project_image_fid=210396]

"The approved design, which was first conceived over two years ago, has been subject to detailed investigations in terms of marketability and constructability," the minor change submission to the Gold Coast City Council noted earlier this year.

"These investigations have determined that the approved product mix is no longer suitable for the current property market both in terms of the type and amount of product proposed."

Read more:&nbsp;First look exclusive: Raptis to chop 17 levels off The Sterling, Broadbeach apartments

Each apartment features floor-to-ceiling windows framing views of the Pacific Ocean and Kurrawa Park.

The kitchens, adorned with Miele appliances, are both practical and stylish, incorporating an island bar and butler's pantry, while the open-plan living and dining areas lead to private balconies, with some bedrooms also providing balcony access.

[smartcode_project:default project_id=101620 project_image_fid=210397]

The residences boast generous ensuites with a freestanding bathtub and rain shower head as focal points. His and her vanities feature a round basin and a ceiling-reaching mirror.&nbsp;

Residents gain automatic and exclusive membership to Club Sterling, an amenity-filled second-floor space dedicated to comfort, well-being, and productivity.

Club Sterling includes a resort-style pool, an alfresco barbecue area, a Corporate Suite with Wi-Fi and private teleconferencing pods, a dedicated butler’s pantry, outdoor dining and entertaining space, a fully furnished Leisure Suite with private dining, and state-of-the-art health and fitness facilities.

The health and fitness facilities include a modern gymnasium, sauna and steam rooms, and a yoga and pilates movement studio.

Raptis anticipates that the 2032 Olympics and Paralympics will further boost the Gold Coast lifestyle, with planned infrastructure developments transforming the wider South East Queensland location.

Raptis is approaching completion of their Main Beach apartment development, <a href="/buildings/pearl-main-beach-3550-3552-main-beach-parade-main-beach">Pearl Main Beach</a>.

[smartcode_project_cta:default project_id=101620]

Raptis anticipates that the 2032 Olympics and Paralympics will further boost the Gold Coast lifestyle, with planned infrastructure developments transforming the wider South East Queensland location

Raptis gets to work on The Sterling Broadbeach apartment development

Veteran developer Raptis is approaching completion of its <a href="/new-apartments/main-beach-qld-4217">Main Beach apartment development</a>, <a href="/buildings/pearl-main-beach-3550-3552-main-beach-parade-main-beach">Pearl Main Beach</a>.

Off the plan apartment buyers in the <a href="/buildings/pearl-main-beach-3550-3552-main-beach-parade-main-beach">30-level building on Main Beach Parade</a> are expected to move in toward the end of Q1 2024, signalling yet another development the <a href="/developers/raptis">Raptis</a> family has completed in the <a href="/developments/gold-coast-qld">Gold Coast</a>.

All the two-bedroom apartments in <a href="/buildings/pearl-main-beach-3550-3552-main-beach-parade-main-beach">Pearl Main Beach</a> have been spoken for, with just the three-bedrooms left, starting from $1.8 million.

[smartcode_project:default project_id=106752 project_image_fid=182207]

<a href="/buildings/pearl-main-beach-3550-3552-main-beach-parade-main-beach">Pearl Main Beach</a> offers panoramic 360-degree views spanning from the ocean to the Gold Coast skyline and hinterland. The development comprises two and three-bedroom apartments, including an Executive Collection featuring sub-penthouses, sky homes, and full-floor penthouses.

The top floor of <a href="/buildings/pearl-main-beach-3550-3552-main-beach-parade-main-beach">Pearl Main Beach</a> boasts state-of-the-art, resident-exclusive amenities, providing all residents with a sophisticated 'penthouse lifestyle.'

[smartcode_project:default project_id=106752 project_image_fid=169993]

Set against the backdrop of an expansive shoreline and the greenbelt leading to the mountains, the rooftop showcases a pool with stunning 180-degree views of the Gold Coast coastline, a gym overlooking the Pacific Ocean, a barbecue and alfresco area, and a private dining suite.

Positioned on Main Beach Parade, just 53 steps from Main Beach's sands, <a href="/buildings/pearl-main-beach-3550-3552-main-beach-parade-main-beach">Pearl Main Beach</a> is conveniently close to the beach and the vibrant atmosphere of Tedder Avenue.

<a href="/new-apartments/main-beach-qld-4217">Main Beach's precinct</a> also encompasses Marina Mirage, Seaworld Resort, and picnic facilities at The Spit, providing recreational options for all.&nbsp;

[smartcode_project:default project_id=106752 project_image_fid=182210]

Residents can easily explore other areas using the G: link light rail from Main Beach Station.

<a href="/developers/raptis">Raptis</a> has been developing residential real estate across the <a href="/developments/gold-coast-qld">Gold Coast</a> for the last four decades, creating more&nbsp;developments than any other Gold Coast development company. They've delivered the landmark Chevron Renaissance, the shopping and commercial Southport Central precinct, and the Phoenician Resort in Broadbeach.

[smartcode_project_cta:default project_id=106752]

All the two-bedroom apartments in Pearl Main Beach have been spoken for, with just the three-bedrooms left, starting from $1.8 million

Construction at Pearl Main Beach approaches completion

Veteran Brisbane developer&nbsp;Gardner Vaughan Group knew the value of developing on a park when they acquired a Flora Street site in Stones Corner.

What they hadn't banked on was a $21.5 million, government-funded rejuvenation of the 5.21-hectare Hanlon Park, which was voted Australia's best park in 2023 at Build Australia's 2023 National Awards.

The park&nbsp;won an Award of Excellence in the Parks and Open Space category, a Landscape Architecture Award in the Land Management category and a Climate Positive Design Award.

Facing the park will be Gardner Vaughan Group's new apartment development, Stonebrook.

s[smartcode_project:default project_id=114094 project_image_fid=223429]

The nine-level building will have 90 one, two, three and four-bedroom apartments, and will be crowned by a communal rooftop terrace with views over the park.

Stonebrook will house 90 one to four-bedroom apartments and penthouses across nine levels, including communal ground floor and rooftop amenities.

With a spotlight on simplicity and style, residents can expect high-quality fixtures and finishes within all carefully crafted homes. Penthouse residents can customise their interiors from the exclusive penthouse collection interiors.

[smartcode_project:default project_id=114094 project_image_fid=223432]

The modern, minimalist kitchens are centred on a large island with a bar sink and seating for added functionality.

The bathrooms feature a floating vanity under a mirrored storage cabinet that reaches the ceiling. The open shower is bordered by a frameless glass on one side and an illuminated shower niche on the other.

Outdoors, residents can stay active with the on-site gymnasium or dip in the heated ground pool.

Entertainers will enjoy the indoor and outdoor dining spaces overlooking park views on the communal rooftop terrace to host family and friends.

[smartcode_project:default project_id=114094 project_image_fid=223430]

The pet-friendly development also has onsite parcel and bike storage, 14 visitor car spaces, provision for EV charging stations and solar compatibility. Stonebrook is a proud UDIA-certified EnviroDevelopment.&nbsp;

Stonebrook is just five kilometres from the Brisbane CBD via the Buranda Train &amp; Busways and moments from the first-class restaurants at Logan Rd. With direct accessibility to Hanlon Park, residents can enjoy a quiet morning stroll, jog, or cycle daily.

The development is estimated to be completed in December 2024.

[smartcode_project_cta:default project_id=114094

Facing Hanlon Park will be Gardner Vaughan Group's new apartment development, Stonebrook

Adjacent to Australia's best park: Inside Gardner Vaughan Group's Stones Corner apartment development, Stonebrook

Following the administration of GCB Constructions, developer GDI Group has decided to bring construction in house to complete their luxury Main Beach apartment development, Drift Residences.

Drift Residences, at 16-18 Hughes Avenue, just a stroll from Tedder Avenue and the Main Beach sand, will have just 46 apartments across its 31 levels, a maximum of two apartments per floor.

Dean Gallagher, GDI Group Director, has assembled a top-tier line-up with a proven track record in the industry to deliver the rest of the building.

"It's a formidable team," Gallagher says.

[smartcode_project:default project_id=93593 project_image_fid=194364]

Construction is already well advanced on Drift, which is expected to be complete toward the end of 2024.

There's three different types of apartments in the Plus Architecture-designed tower. The Residence Collection, which occupy levels three to 23, have three bedrooms, three bathrooms, and 262 sqm of living space, and start from just under $3 million.

The penthouse collection is just a handful of full floor apartments with 531 sqm of living space. They have four bedrooms, four bathrooms, a media room, home office, and four car spaces.&nbsp;

[smartcode_project:default project_id=93593 project_image_fid=194365]

Crowning the building is a two-level penthouse across levels 30 and 31, complete with five bedrooms, five bathrooms, five car garaging, an entertainment room, home office, and a plunge pool and spa.

Resident amenity is located toward the bottom end of the tower. There's a spa and health club with an&nbsp;infinity pool, hot and cold spas, an infrared sauna, and a steam room. The gymnasium features a yoga studio and private massage rooms.

[smartcode_project:default project_id=93593 project_image_fid=194366]

There's also a residents lounge with&nbsp;a BBQ, butler’s pantry, outdoor dining area and powder room, as well as a luxe fireplace.

Kollosche is marketing Drift Residences.

[smartcode_project_cta:default project_id=93593]

Dean Gallagher, GDI Group Director, has assembled a top-tier line-up with a proven track record in the industry to deliver the rest of the building

GDI Group bring construction in house to deliver Drift Residences in Main Beach

Sekisui House Australia is set to welcome more than 350 new residents to its latest completed stage at its West Village masterplan, Altura.

Altura, the tallest apartment tower and the fifth to be completed in West End’s landmark $1.2 billion West Village precinct, comprises 146 apartments, which will be occupied just in time for Christmas.

The 22-level tower was designed with a&nbsp;unique neuro-architectural approach that aims to promote a feeling of wellness through design, textures and colours.

With concept design by Smart Design Studio, detailed design by nettletontribe and landscape design by RPS, Altura’s rooftop boasts a ‘Wellness Regeneration Zone’ with infinity edge pool, magnesium spa, outdoor kitchen, barbecue area and sunken fire pit for residents to rest and recharge.

&nbsp;

<img alt="Altura" data-entity-type="file" data-entity-uuid="135b3a12-f217-4a38-9218-bdb6bd4cefe2" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-11-30%20at%2010.11.22%20am.png?VersionId=wwfVvInvKIP7fepHVAtEn_aB2Qui8gR2" />Altura's rooftop: Image credit Lucas Munro

The podium ‘Lifeplace Level’ features communal areas for connectivity, including a library, cinema rooms, private dining room with kitchenette and workspace productivity pods, while 14-metre mature kauri pines line the base of the tower forming the tranquil Kauri Grove on Kauri Lane.

nettletontribe Director David Cohen said the quality of living spaces in each Altura residence was further enhanced through connections with nature.

“One of the underpinning design principles across the West Village master plan is the integration of built form with the natural environment, which has a positive flow-on effect on our health and wellbeing,” Cohen said.

“Altura embodies this principle by incorporating greenery vertically up the building, benefiting not only the residences and balcony environments, but also the surrounding buildings in the broader West Village community.

“The design of the balconies and the façade were key to delivering a quality space for each residence that achieved outlook and connection to the natural environment, including access to natural light and ventilation.”

&nbsp;

Only two residences remain available at Altura starting from $3.6 million, including the five-bedroom, four-and- half bathroom penthouse on level 22 and the four-bedroom, three-and-a-half bathroom sub-penthouse on level 21.

<img alt="Altura" data-entity-type="file" data-entity-uuid="baaee00e-1b2e-4c0c-84dd-37d72f066c69" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-11-30%20at%2010.12.27%20am.png?VersionId=nwB9neuZHL4jd.wNaBMoWM1XuzirPAmM" /> 
A built in fireplace on the roof: Image credit Lucas Munro

West Village Project Director Taku Hashimoto said the distinctive Altura residence reinforced the benefits of living in West Village where community, lifestyle and wellbeing were at the forefront.

“West Village provides an unparalleled setting, combining heritage, environmental connectivity, creativity, and health and wellness aspects that encourage residents and visitors to thrive,” Hashimoto said.

“It also boasts a 99 out of 100 Walk Score, enabling residents to easily access the precinct’s Harris Farm Markets, Goodlife Health Clubs, medical and beauty hubs, and the 25-plus retail and dining options.

“We are proud to deliver Altura as part of the West Village master plan and provide its soon-to-be residents with multi-sensory, luxury living and innovation, all within a vibrant community and a stone’s throw from the city."

&nbsp;

Three final buildings are to be completed at West Village, including the Allere Collection which is currently under construction and features two connected, vertical communities Uno and Duo, 90 per cent of which is already sold out with limited residences remaining across three, four and five-bedroom options.

The Allere Collection is a curated collection of 203 residences designed by Rothelowman, with a unique, pet- friendly focus integrated across both communities and shared communal spaces set to entice families, including rooftop pools, enclosed dining spaces, seating areas, a vegetable garden and an off-leash rooftop dog space, ‘Paw Pavilion’.

[smartcode_project:default project_id=114215 project_image_fid=204857]

West Village’s master developer Sekisui House Australia is proud to continue to create homes and communities that improve with time and last for generations.

With developments in Queensland and New South Wales, Sekisui House Australia’s approach to design honours its Japanese heritage, with design guided by the principle of Satoyama — connecting people through ‘ribbons of green’ to ensure communities are in harmony with their natural surroundings.

[smartcode_project_cta:default project_id=114215]

West Village Project Director Taku Hashimoto said the distinctive Altura residence reinforced the benefits of living in West Village where community, lifestyle and wellbeing were at the forefront

Sekisui to welcome residents to Altura, West Village precinct after construction completion

Off the plan apartment sales jumped in Q3 2023, according to consulting firm Urbis.

Their Apartment Essentials report showed a jump in sales from 200 in Q2 2023 to 470 in Q3 2023, primarily driven by sales in the Gold Coast Central area.

Read more: <a href="/news/qld/gold-coast-apartment-sales-jump-in-q3-2023-urbis">Gold Coast apartment sales jump in Q3 2023: Urbis</a>

There's still a healthy supply of apartments in the Central area however, with just over 1,200 for sale. It's the Gold Coast Fringe area which is starved of stock, after the best performing project in the Gold Coast sold out all of its first stage.

<img alt="Gold Coast" data-entity-type="file" data-entity-uuid="fc864b01-b223-4cbd-82bf-f21d5a4ffde0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-11-29%20at%203.57.48%20pm.png?VersionId=qByITmF_kHTRsHRi9nOr7kbWR3Fs.Zri" />

We've taken a look at the top five best performing projects across the Gold Coast

<h3>1. Cienna Varsity Ridge, Varsity Lakes</h3>

The top performing new and off the plan apartment project in the Gold Coast was the first stage of Homecorp's Cienna Varsity Ridge community in Varsity Lakes.

There were 85 sales in Q3 2023, which took the first stage of 257-apartments to a sell out. The second stage will bring a further two buildings.

The four-building project has been designed by BDA and will consist of four separate&nbsp;connected across a central podium featuring landscaping, lawns, a pool, and other communal amenities.

<img alt="Gold Coast" data-entity-type="file" data-entity-uuid="c9870445-da86-4dba-a770-de444880384b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-11-29%20at%203.50.22%20pm.png?VersionId=5lKAgmGQEExYjeRxSZVG2Jm88mU2ejRr" />

The project will have 446 apartments across the buildings, with one-bedroom plus media rooms and two-bedroom apartments on offer.

<h3>2. Vista, Surfers Paradise</h3>

Vista, the debut Surfers Paradise apartment development by Malaysian/Melbourne developer MRCB, saw 80 of its 280 apartments sold in the third quarter of 2023, at an average price of $1,013,138.

The 51-level development comprises 280 one, two and three-bedroom apartments priced from $890,000.

[smartcode_project:default project_id=112730 project_image_fid=211248]

In line with prioritising residents' well-being, 26 Vista boasts lifestyle amenities such as a yoga deck and a cycle room, a gym and a pool. It in fact will have the highest resident swimming pool in Surfers Paradise in the $15 million penthouse.

The building is&nbsp;all-electric, with no gas, and a low carbon footprint proposition.

[smartcode_project:default project_id=112730 project_image_fid=209972]

The development is just a short walk north to Surfers Paradise and south to Broadbeach.

There are 187 apartments still available in 26 Vista.

<h3>3. Lagoon Sunrise Tower</h3>

Lagoon, the two-tower project by Jon Drew's Drew Group, had strong success from both its towers. The Sunrise Tower edged out sales of the Sunset Tower, securing 77 sales at an average price point of $1,415,260.

The Sunrise Tower, spanning 31 levels, offers a mix of two and three-bedroom apartments, along with Drew Group's Signature Collection residences.&nbsp;

[smartcode_project:default project_id=108747 project_image_fid=190743]

Positioned in the centre of Main Beach, Lagoon Main Beach will reside just a stone’s throw from the Gold Coast’s premier lifestyle destinations and high-class dining precincts.

Currently under construction, the Sunrise Tower has less than half of its 66 units remaining.

<h3>4. Lagoon Sunset Tower</h3>

Not far behind was the neighbouring tower which sold 30 fewer apartments at 47 averaging $1,171,809 sale price.

Rising 24 levels, the Sunset Tower features 116 apartments with one, two, and three-bedroom configurations, providing unobstructed views of the Broadwater, Hinterland, and Southport Marina. Although it had fewer sales than the Sunrise Tower, Sunset Tower only has 69 units available.

[smartcode_project:default project_id=108747 project_image_fid=221590]

This fully-funded twin-tower apartment complex comprises 259 apartments, including 12 premium sky homes and three dual-level penthouses from the Signature Collection.

Families, retirees, upsizers and downsizers, along with their pets, are welcome at Lagoon Main Beach to enjoy a luxury resort-style indulgence right at home.&nbsp;

[smartcode_project:default project_id=108747 project_image_fid=221589]

All residents of Lagoon will have access to the podium-level amenities, featuring a barbecue garden with designer cooking stations, a fully equipped function lounge, a fitness centre with a connected yoga terrace, and a 24/7 network-connected boardroom designed to meet the flexible co-working needs of today.

Lagoon is currently under construction, with an estimated completion date of December 2025.&nbsp;

<h3>5. Crest Broadbeach</h3>

Morris Property Group's Crest Broadbeach secured 41 sales in its Broadbeach apartment development on Armrick Avenue.

There are over 150 apartments in the 37-level project which has prices from $899,000.

<img alt="Crest Broadbeach" data-entity-type="file" data-entity-uuid="3616a1c0-fc17-4c3a-a1ea-68a0be37ea21" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-11-29%20at%204.08.34%20pm.png?VersionId=V9gJi.yD6jXAloxegSnWOE7qIsGk9Bz_" />

They had&nbsp;Canberra architecture firm Guida Moseley Brown design the tower which also features three podium levels an whole amenity level above.

That level,&nbsp;wrapped in terraces with seating and dining areas, features a pool, gym, lounge space, a private barbecue and dining space which can be hired, and a communal barbecue area.

Read more:&nbsp;<a href="/news/qld/morris-property-group-set-for-crest-broadbeach-apartments">Morris Property Group set for Crest Broadbeach apartments</a>

There's still a healthy supply of apartments in the Central area, with just over 1,200 for sale

The Gold Coast's top selling off the plan apartment developments in Q3 2023: Urbis

In an exclusive interview, Apartments.com.au CEO Mike Bird sits down with Daniel Clarke, General Manager at Sherpa Property Group, to delve into the fascinating journey of Nexus, the sixth project under the renowned Perspective brand. Initially approved as a 14-level building, the project faced a twist when the courts overturned the decision. However, Clarke shares how this setback became an opportunity for redesign, resulting in what they believe is the best code-accessible development.

&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/vTRw2CJauWI?si=XQSO5QL8qhCchg6c" title="YouTube video player" width="560"&gt;&lt;/iframe&gt;&lt;/p&gt;

[smartcode_project_cta:default project_id=108324]

Clarke expresses his excitement about the redesigned project, emphasising its enhanced functionality and aesthetic appeal. The article highlights the positive response from existing buyers, who, despite the project's initial hiccups, have shown confidence in Sherpa Property Group's commitment to delivering an exceptional product.

[smartcode_project:default project_id=108324 project_image_fid=232460]

As the conversation unfolds, Clarke sheds light on the buyer demographic, emphasising the spaciousness of the apartments, which range up to 200 square meters. The mix includes three to four-bedroom units, attracting a local market, down-sizers, and even interest from interstate buyers, particularly from Sydney and Melbourne.

The article concludes with insights into Sherpa Property Group's development philosophy under the Perspective brand. With a focus on the "less is more" approach, Clarke explains how their design strategy evolved based on feedback and interest generated by earlier projects. The Perspective brand's consistent emphasis on larger, more livable spaces resonates with buyers and reflects the company's commitment to creating unique and appealing coastal living experiences.

[smartcode_project:default project_id=108324 project_image_fid=232523]

Prospective buyers are encouraged to explore the recently finished display suite at Perspective on Albatross, showcasing the company's commitment to quality and innovative design. The interview offers a unique perspective on Sherpa Property Group's approach, providing potential buyers with valuable insights into the developer's track record and commitment to delivering outstanding coastal living experiences.

[smartcode_project_cta:default project_id=108324]

[smartcode_project:default project_id=108324 project_image_fid=231829]

&nbsp;

Join us in this insightful interview with Daniel Clarke, the General Manager at Sherpa Property Group, as he discusses the exciting journey of the Nexus project, the sixth under the Perspective brand.

Michael Bird

Everything a buyer needs to know about Sherpa's Perspective Nexus, Palm Beach - Five Minutes with Daniel Clarke

The founder of developer and builder McNab can still remember his first project - from his then young daughter’s bedroom 27 years ago in Toowoomba.

Fast forward to 2023 and Founder and Managing Director Michael McNab looks back with pride on how far the south-east Queensland based company has come - as it celebrates completion of their 32-storey luxury tower White Main Beach, in the blue-chip Main Beach on Tedder Avenue.

McNab acted as both developer and builder on the highrise, punctuating its reputation nowadays as a go-to Australian development and construction group - with 500-plus staff and a reputation as solid as the beloved timber it uses in its suite of projects.

<img alt="White Main Beach" data-entity-type="file" data-entity-uuid="f92719ce-afa5-4255-bafc-cab641128355" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/White%20Main%20Beach.jpg?VersionId=uamCp4D947pzQfOTeAlLSs71GuYZ0kHs" />

It’s that reputation for not just completing projects - as developer and the builder - but doing so to a high “gold” standard that McNab believes is always important in the development and construction sector.

“It's certainly a huge advantage - we know we can deliver," McNab says.

"The market is red hot and that’s stretched the building industry right to its limits. We're really focused on building for the best developers in the industry as well as delivering our own projects to the highest standards. We know we can do that.

“If we say we're going to do something, we get it done - and that is a bit of a problem for the development industry at the moment in south-east Queensland”.

McNab’s completion of White - with a three story penthouse plus 27 single-floor apartments spanning 325 square metres and a lift shaft privately opening into each owner’s living room - showcases the firm’s credentials as builder and developer.&nbsp;

McNab says there's a lot of developers popping up at the Gold Coast at the moment, but there are less than a handful of builders to be able to deliver proper projects.

“We're a commercial building company but over the last five to 10 years, we've certainly become a significant development business as well.”&nbsp;

<img alt="White Main Beach" data-entity-type="file" data-entity-uuid="a9c365c5-c65b-4507-8bd7-76f94a8c9f06" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/White%20Main%20Beach%202.jpg?VersionId=KUjx3LUKt7fI1xOkhX22HCn7awuYTXrq" />

McNab’s expertise covers an impressive range of capabilities with a resume spanning commercial, industrial and residential as well as agriculture-specific projects.

The firm has completed high-end residential through to Queensland-based poultry, piggery and abattoir installations plus large-scale industrial developments including projects equivalent in size to five Suncorp Stadiums.

McNab sees the delivery of end-to-end luxury highrise White Main Beach as a “great advertisement for all our skill sets”.&nbsp;

The company worked at a personal level with the individual apartment owners on bespoke interiors and designs for each, coordinating collaboration with architects and interior designers.&nbsp;

The move positioned McNab to receive accolades in the Urban Development Institute of Australia (UDIA) Awards for Excellence, with the project placing top four in Queensland among Apartments High-Rise delivered in 2023.&nbsp;

<img alt="White Main" data-entity-type="file" data-entity-uuid="575982d5-7cf8-402a-927a-506e0067039d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/White%20Main%20Beach%20kitchen.jpg?VersionId=oWrsm0mWpaTfy5uVY6nUhF8TmPRlJ.mA" />

McNab head of investments and property development Carl Nancarrow said the reaction from buyers at the launch event after the project’s four-year journey reinforced the company was taking the right approach.

“When we can see the finished product, and in particular, see the purchasers come in and get such wonderful feedback from them how much they love living here. It just makes it all worthwhile,”&nbsp;Nancarrow says.

Nancarrow revealed their next end-to-end project will be at sought-after Budds Beach, a waterfront location with a similar charm and feel to Main Beach. Pre-release registrations for <a href="/new-apartments/elements-budds-beach-surfers-paradise-21-oak-avenue-surfers-paradise-qld-4217">Elements Budds Beach</a> are now being offered with Ray White Projects Gold Coast, with sales to the market commencing January next year.&nbsp;

“We select sites with foresight, envisaging the evolution of both owners and the project location. This way we ensure it best services those who call it home but also adds value to the surrounding community. Site selection and timeless design are at the forefront of vision with all our boutique developments," Nancarrow says.

“We can give anyone who wants to buy an apartment off McNab certainty this project is actually going to be delivered. We've got the best builder in southeast Queensland ready to go. And as soon as we hit our milestones, we're into construction.”

McNab says there's a lot of developers popping up at the Gold Coast at the moment, but there are less than a handful of builders to be able to deliver proper projects

McNab completes luxury White Main Beach apartment tower, reveals next Gold Coast project

On the <a href="/developments/gold-coast-qld">Gold Coast</a>, it's never been more important to show prospective buyers you've started construction.

It's the biggest confidence booster for buyers, and in the same instance a marketing tool for agents and developers. Construction commencement has always been important in the off the plan industry, but never more so than now, in the face of one of the most challenging construction periods the market has seen.

While impacting the whole of the country, the construction challenges have been most apparent in South East Queensland, where the majority of the tier one builders are taking government-funded construction contracts for infrastructure projects before the 2032 Brisbane Olympics.

That's left builders few and far between.

The demand v supply from a labour stand point is seeing subcontractors and trades push their prices up too, another developer headache. Add to that increased cost of materials versus a few years ago, and you've got a perfect storm.

Developers who build their own projects have rode through the storm more unscathed than others, while a number of developers are now starting to bring construction in house. Some are leaning on a joint venture partnership with a construction firm to get the project out of the ground.

There's been some significant construction commencements on the <a href="/developments/gold-coast-qld">Gold Coast</a> in recent months, bringing a much needed 860 apartments to an undersupplied market still in vogue for both locals and interstate buyers.

<h3>Project: Tapestry</h3>

<h3>Location: Chevron Island</h3>

<h3>Developer: SIERA</h3>

Burgeoning developer <a href="/developers/siera">SIERA</a> were one developer to bring construction in house to start the build of their arts-focused <a href="/new-apartments/chevron-island-qld-4217">Chevron Island apartment development</a>, <a href="/new-apartments/tapestry-chevron-island-39-darrambal-street-chevron-island">Tapestry</a>.

The $135 million project on Darrambal Street is SIERA's first on the Gold Coast, after a long history of developing townhouses in Brisbane.&nbsp;

[smartcode_project:default project_id=108641 project_image_fid=205167]

SIERA Founder and Managing Director Brent Thompson spent 12 months analyzing the market in the <a href="/developments/gold-coast-qld">Gold Coast</a> before snapping up the prime 1,518 sqm <a href="/new-apartments/chevron-island-qld-4217">Chevron Island</a> site, and brought in local architecture firm BDA with the brief to merge art with architecture and to pay homage to Chevron Island's Home of The Arts precinct.

Read more:&nbsp;<a href="/news/qld/why-siera-group-chose-chevron-island-for-tapestry">Why Siera Group chose Chevron Island for Tapestry</a>

The result is a <a href="/new-apartments/tapestry-chevron-island-39-darrambal-street-chevron-island">22-storey tower with 113 apartments</a> and one of the most impressive rooftop amenity levels on the Gold Coast. It features a&nbsp;private dining space and kitchen, lounge and fire pit, yoga lawn, pool, spa and sundeck, barbecue and alfresco area, gym, sauna, steam room, and a lounge area separated by extensive landscaping.

Read more:&nbsp;<a href="/news/qld/is-this-the-best-rooftop-amenity-in-surfers-paradise">Is this the best rooftop amenity in Surfers Paradise?</a>

[smartcode_project:default project_id=108641 project_image_fid=192964]

The remaining apartments for sale at <a href="/new-apartments/tapestry-chevron-island-39-darrambal-street-chevron-island">Tapestry</a> start from $939,900.

<h3>Project: Pipis</h3>

<h3>Location: 303 Golden Four Drive, Bilinga QLD 4225</h3>

<h3>Developer: SIERA</h3>

<a href="/developers/siera">SIERA</a> were too busy on the beachfront, turning the sod on their <a href="/new-apartments/pipis-bilinga-303-golden-four-drive-bilinga-qld-4225">Bilinga Beach project, Pipis</a>.

The luxury development on Golden Four Drive comprises just 19 apartments. They've appointed LPS Group to build <a href="/new-apartments/pipis-bilinga-303-golden-four-drive-bilinga-qld-4225">Pipis</a>, given they're already underway internally at <a href="/new-apartments/tapestry-chevron-island-39-darrambal-street-chevron-island">Tapestry</a>.

Read more:&nbsp;<a href="/news/qld/siera-property-group-kick-off-construction-at-pipis-bilinga">Siera Property Group kick off construction at Pipis Bilinga</a>

[smartcode_project:default project_id=138311 project_image_fid=217334]

The mid-rise building includes 17 half-floor apartments and two double-storey penthouses, with prices starting from $3.6 million.

Designed by Ellivo architects, the generous 279 sqm plus apartments have three bedrooms, each with an ensuite. The apartments get slightly bigger, up to 314 sqm, before the double-storey penthouses which have four bedrooms and 446 sqm of living space.

[smartcode_project:default project_id=138311 project_image_fid=217333]

<a href="/new-apartments/pipis-bilinga-303-golden-four-drive-bilinga-qld-4225">Pipis</a>, with its absolute beachfront access and excellent connectivity to the Gold Coast, has predominantly drawn the downsizing owner-occupier from the local area, Brisbane, and Sydney.

Read more:&nbsp;<a href="/news/qld/an-opportunity-not-to-be-missed-why-siera-property-group-couldnt-say-no-to-pipis-bilinga">"An opportunity not to be missed" Why Siera Property Group couldn't say no to Pipis Bilinga</a>

Positioned in the exclusive pocket of <a href="/new-apartments/bilinga-qld-4225">Bilinga</a> on the Southern Gold Coast, <a href="/new-apartments/pipis-bilinga-303-golden-four-drive-bilinga-qld-4225">Pipis</a> benefits from its proximity to the evolving Golden Four Drive strip and the developing Kirra Point to the south.

[smartcode_project:default project_id=138311 project_image_fid=217335]

"When the opportunity to purchase&nbsp;<a href="/new-apartments/pipis-bilinga-303-golden-four-drive-bilinga-qld-4225">303 Golden Four Drive</a>&nbsp;was presented to us, we couldn't miss the opportunity to take such a special piece of land and design truly unique residences," Thompson says.

Construction completion is slated for mid-2025.

<h3>Project: Victoria &amp; Albert</h3>

<h3>Location: Broadbeach</h3>

<h3>Developer: Iris Capital</h3>

Developer <a href="/developers/iris-capital">Iris Capital</a> has too joined the growing trend of developers taking construction in-house.

CF Group initially handled the early construction works of their landmark precinct <a href="/new-apartments/victoria-albert-broadbeach-20-albert-avenue-broadbeach">Victoria &amp; Albert</a>, namely the excavation of the prime Niecon Plaza site in the heart of Broadbeach. But now the Sam Arnaout-led developer has announced its construction arm, Iris Built, will handle the next stage of the build.

Iris Built has assembled a proficient Tier 1 construction team with extensive experience in major projects, emphasizing their commitment to the successful delivery of V&amp;A.

[smartcode_project:default project_id=107928 project_image_fid=234091]

The Iris Built team will collaborate closely with Eastview Australia, a proficient project management firm with a track record of delivering major high-rise developments on the Gold Coast for over two decades.

Designed by DBI, <a href="/new-apartments/victoria-albert-broadbeach-20-albert-avenue-broadbeach">V&amp;A</a> comprises two residential towers: Victoria Residences and Albert Residences.

Victoria Residences offers carefully crafted one and two-bedroom apartments with spacious indoor and outdoor living areas.

[smartcode_project:default project_id=107928 project_image_fid=234102]

Meanwhile, the second tower, Albert Residences, offers luxurious, home-sized residences starting at $1.99 million with panoramic views of the Gold Coast's natural landscape.

V&amp;A will feature a 25-metre lap pool with an outdoor dining and barbecue area, a spa and steam room, a Zen garden, a yoga deck, a boutique resident's lounge, and a kid's club area with a playground, all surrounded by sub-tropical gardens.

[smartcode_project:default project_id=107928 project_image_fid=234095]

The project also includes a resident's sky lounge on the top level of Victoria Residences, complete with luxury dining, lounge, wellness, and work zones, providing breathtaking views of the ocean and city skyline.

<h3>Project: Cascade</h3>

<h3>Location: Robina</h3>

<h3>Developer: Andrews Projects</h3>

Family-owned <a href="/developers/andrews">Andrews Projects</a> has commenced construction on <a href="/new-apartments/cascade-robina-116-laver-drive-robina">Cascade</a>, its largest venture to date.

They've too <a href="/news/qld/andrews-projects-bring-construction-in-house-and-start-cascade-robina-build">brought construction in house</a>, creating "A Construct."

Upon completion, the $270 million twin-tower apartment development in <a href="/new-apartments/robina-qld-4226">Robina</a> will home around 1,000 residents across 229 two and three-bedroom apartments and villas, the majority of which will offer panoramic views of the Surfers Paradise skyline and Gold Coast Hinterland.

Priced from $850,000, <a href="/new-apartments/cascade-robina-116-laver-drive-robina">Cascade</a> is poised to deliver significant economic stimulus to the <a href="/new-apartments/robina-qld-4226">Robina area</a>, aligning with the State Government's vision for the Olympic Satellite Village in the vicinity.

[smartcode_project:default project_id=135618 project_image_fid=210936]

Residents will enjoy access to a suite of six-star amenities, including a 25m resort pool, a 170 sqm gym, a sauna, a cold plunge, and a steam room.

The project is over 60 per cent as construction commences.

<h3>Project: Orama</h3>

<h3>Location: Chevron Island</h3>

<h3>Developer: Aniko</h3>

The George Mastrocostas-led <a href="/developers/aniko-group">Aniko Group</a> is gearing up to commence construction on its next venture, the $150 million <a href="/new-apartments/orama-chevron-island-12-16-weemala-street-chevron-island">Orama</a>&nbsp;at <a href="/new-apartments/chevron-island-qld-4217">Chevron Island</a>.

Once complete, <a href="/new-apartments/orama-chevron-island-12-16-weemala-street-chevron-island">Orama</a> will feature 102 apartments, offering two-bedroom units ranging from $995,000 to $1.45 million and a variety of three-bedroom skyhomes starting at $1,995,000.

<a href="/new-apartments/orama-chevron-island-12-16-weemala-street-chevron-island">Orama</a> residents will have access to a 550 sqm rooftop recreation area, inclusive of a gymnasium, pool, spa, residents lounge, and an array of other amenities.

[smartcode_project:default project_id=111898 project_image_fid=240587]

The project is strategically targeting local downsizers and interstate migrants and is progressing towards a successful sellout.

Mastrocostas revealed that the project has already achieved almost $100 million in unconditional sales since its market launch earlier this year.

Construction is <a href="/news/qld/aniko-to-kick-off-construction-of-chevron-island-apartment-development-orama">set to commence in November</a> and is expected to take approximately 18 months, with completion scheduled for early 2025. <a href="/developers/aniko-group">Aniko</a> has been a builder developer for a number of years.

Builder developers have rode through the storm more unscathed than others, while a number of developers are now starting to bring construction in house

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