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?

National apartment developer <a href="/developers/kokoda-property">Kokoda Property</a> were very strategic in their acquisition of the site for their latest Brisbane apartment development, Ruby Ruby.

Having already completed <a href="/buildings/chester-ella-penthouse-collection-14-ella-street-newstead">Chester &amp; Ella</a> and <a href="/buildings/the-ambrose-19-23-mcdougall-street-milton">The Ambrose</a> in <a href="/new-apartments/newstead-qld-4006">Newstead</a>, Kokoda stayed near the river, but ventured much closer to the city.

They snapped up a site in <a href="/developments/milton-qld-4064">Milton</a>, which has quickly garnered attention for its quirky cafe and brewery scene attracting young professionals.

[smartcode_project:default project_id=139032 project_image_fid=232285]

The Crombie Street site is ideally located just behind the <a href="/developments/milton-qld-4064">Milton</a> Train Station, a three-minute train to Roma Street Station. The train lines also reach as far as Springfield and Ipswich to the south and the Redcliffe Peninsula to the north.

Ruby Ruby residents won't have to head into the city however to find amenity.&nbsp;

Brisbane’s first outdoor café strip is located a stone's throw away on Park Road, with Bunker Coffee open for breakfast and Arrivederci Pizza a popular lunchtime spot.

[smartcode_project:default project_id=139032 project_image_fid=232277]&nbsp;

<a href="/developments/milton-qld-4064">Milton</a> boasts a vibrant cultural scene, with shopping and entertainment options at Rosalie Village, The Barracks at Petrie Terrace, and the Caxton Street entertainment precinct. Additionally, the lively Milton Markets are just one block away from Ruby Ruby, which will no doubt be a weekend hotspot.

Residents will be walking distance to Milton's iconic XXXX Brewery, <a href="/developments/milton-qld-4064">Milton</a> Common, Tuk Tuk Restaurant &amp; Bar, Newstead Brewery, and Brewski Bar.

Residents will be surrounded by abundant green space, bikeways and the Brisbane River, with can play sports in <a href="/developments/milton-qld-4064">Milton</a> Park and Frew Park or stroll down the river in no time. Other popular parks and playgrounds nearby are Dunmore Park, Paddington Skatepark, Roma Street Parkland, Wickham Park and E.E. McCormick Place on the waterfront.

Sport fans will also be at home with Suncorp just 750 metres away.

Families are expected to take interest in some of the larger apartments at Ruby Ruby, to be able to stay in a connected neighbourhood near good schools. <a href="/developments/milton-qld-4064">Milton</a> State School, Hubbard's School, and Brisbane Grammar School are within 600 metres of Ruby Ruby, while Queensland University of Technology is only an eight-minute drive away.

Read more:&nbsp;<a href="/news/qld/the-rise-of-milton-whats-driving-off-the-plan-apartments-buyers-to-the-inner-brisbane-suburb">The rise of Milton: What's driving off the plan apartments buyers to the inner-Brisbane suburb</a>

[smartcode_project:default project_id=139032 project_image_fid=232284]

Residents won't even have to leave Ruby Ruby however with the extensive amenity Kokoda is flooding the 21-level Cottee Parker-designed building with.

The 144-apartment building will feature a wellness rooftop with a wet-edge swimming pool that spans the full width of the building. Completing the fitness component of the rooftop is a heath and wellness space with a gym, infrared sauna, spa, plunge pool and a yoga studio.&nbsp;

[smartcode_project:default project_id=139032 project_image_fid=232307]

<a href="/developers/kokoda-property">Kokoda</a> is also catering for the working from home trend with a number of meeting rooms on the ground level, while the podium will home a&nbsp;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>

<a href="/developers/kokoda-property">Kokoda</a> is expected to announce a builder for Ruby Ruby before the end of the year, with construction slated to commence in early 2024 and a target completion date in late 2025.

[smartcode_project_cta:default project_id=139032]

The Crombie Street site is ideally located just behind the Milton Train Station, a three-minute train to Roma Street Station

Why prospective buyers will be excited by the location of Kokoda's latest Brisbane apartment development, Ruby Ruby

Family-owned <a href="/developers/andrews">Andrews Projects</a> has broken ground on its&nbsp;largest project to date, their $270 million, twin-tower apartment development in <a href="/new-apartments/robina-qld-4226">Robina</a>.

The project, <a href="/new-apartments/cascade-robina-116-laver-drive-robina">Cascade</a>, which has sold over 60 per cent of its 229 residences,&nbsp;will create over 300 jobs on the <a href="/new-apartments/gold-coast-qld">Gold Coast</a> and provide significant employment opportunities during its two-year lifecycle.

[smartcode_project:default project_id=135618 project_image_fid=215796]

Upon completion, <a href="/new-apartments/cascade-robina-116-laver-drive-robina">Cascade</a> will be home to around 1,000 residents across two and three-bedroom apartments and villas, with majority offering views of the Surfers Paradise skyline and <a href="/new-apartments/gold-coast-qld">Gold Coast</a> Hinterland.

Residents will have access to a suite of six-star amenities including a 25m resort pool, 170 sqm gym, sauna, cold plunge and steam room.

[smartcode_project:default project_id=135618 project_image_fid=215798]

Architecturally, <a href="/new-apartments/cascade-robina-116-laver-drive-robina">Cascade</a> follows the distinctive curvy style which <a href="/developers/andrews">Andrews Projects</a> has instilled in all of its projects. The apartments feature floor-to-ceiling windows and large, liveable balconies.

With prices starting from $850,000, <a href="/new-apartments/cascade-robina-116-laver-drive-robina">Cascade</a> will provide significant economic stimulus for the <a href="/new-apartments/robina-qld-4226">Robina</a> area, in line with the State Government’s plan for the Olympic Satellite Village in the area.

<a href="/developers/andrews">Andrews Projects</a> Sales Manager Sarah Andrews said <a href="/new-apartments/cascade-robina-116-laver-drive-robina">Cascade</a> is a beacon of progress for <a href="/new-apartments/robina-qld-4226">Robina</a>, transforming the skyline and offering a new standard of modern living.

“Commencing construction on <a href="/new-apartments/cascade-robina-116-laver-drive-robina">Cascade</a> is a significant milestone for both <a href="/developers/andrews">Andrews Projects</a> and having Cr Hermann Vorster support is a strong vote of confidence in the project," Andrews says.

"<a href="/new-apartments/cascade-robina-116-laver-drive-robina">Cascade</a> underscores our commitment to community and job creation, all while providing a luxurious living experience for future Gold Coast residents.”

Earlier this year&nbsp;<a href="/developers/andrews">Andrews Projects</a> <a href="/news/qld/andrews-projects-bring-construction-in-house-and-start-cascade-robina-build">announced the launch of its in-house construction arm</a>&nbsp;following a challenging time in the South East Queensland construction sector.

[smartcode_project_cta:default project_id=135618]

Earlier this year Andrews Projects announced the launch of its in-house construction arm following a challenging time in the South East Queensland construction sector

Andrews Projects start construction on Cascade Robina apartment development

Ever since the new Maroochydore CBD was gazetted back in 2015, locals and interstate investors have had their eyes on what is fast becoming the focal point of the Sunshine Coast.

The most prominent developer in the Maroochydore region for the last two decades has been <a href="/developers/habitat-development-group">Habitat Development Group</a>, who have been developing and building apartments in the area since 2005.

They're currently building <a href="/buildings/the-corso-maroochydore-20-south-sea-islander-way-maroochydore">The Corso</a>, only the second tower in the&nbsp;evolving <a href="/developments/maroochydore-qld-4558">Maroochdyore</a> CBD, which is one of just a handful of greenfield CBD's in the world. The Sunshine Coast&nbsp;Council are building the CBD from scratch, and therefore are able to effectively create a city built with more modern technology than other cities across the world. They secured the former Horton Park Golf Course eight years ago and went about creating a new city.

In partnership with SunCentral&nbsp;<a href="/developments/maroochydore-qld-4558">Maroochydore</a>&nbsp;and&nbsp;<a href="/developers/walker-corporation" target="">Walker Corporation</a>, the new CBD, to be known as The Bright City, will home 160,000 sqm of commercial and retail space and 4,000 residential apartments when completed in the next 15 to 20 years.

It's drawn owner-occupiers, be it purchasers or renters, to the area, as well as interstate investors. Savvy Sydney investors have identified Maroochydore as an opportunity. They've made up around 50 per cent of the purchases in The Corso, which has 158 apartments across two towers on South Sea Islander Way.

Read more: <a href="/news/qld/why-sydney-investors-are-dominating-in-maroochydores-the-corso-development-on-the-sunshine-coast">Why Sydney investors are dominating in Maroochydore's The Corso development on the Sunshine Coast</a>

&nbsp;

[smartcode_project:default project_id=100708 project_image_fid=197260]

The project, with 715 sqm of retail space on the ground floor, a 600 sqm communal terrace connecting the two towers and a resort-style swimming pool, is around 65 per cent sold.

<a href="/buildings/the-corso-maroochydore-20-south-sea-islander-way-maroochydore">The Corso</a> comes after Habitat's Market Lane Residences, at the entrance to the new CBD on Mundoo Boulevard, which was completed early last year.

<a href="/buildings/the-corso-maroochydore-20-south-sea-islander-way-maroochydore">The Corso</a> will bring much&nbsp;needed housing supply to the area. Maroochydore has been steadily gaining popularity over recent years, evident in census data from the Australian Bureau of Statistics. In 2016, 16,800 people called Maroochydore home, a number that has swelled to 20,629 in 2021.

[smartcode_project:default project_id=100708 project_image_fid=194875]

<a href="/developers/habitat-development-group">Habitat</a> made sure they contributed to driving the Sunshine Coast economy with <a href="/buildings/the-corso-maroochydore-20-south-sea-islander-way-maroochydore">The Corso</a>. Around 380 people have been employed to help deliver the project.

“We have a commitment to supporting local trades in all our projects as much as we can," Habitat Managing Director Cleighton Clarke says.

"We were concerned the labour shortages might affect this project given its size. But despite the labour shortages in the construction sector, it’s been really exciting to see how many local trades are interested in being involved in this new CBD project.&nbsp; That means we’ll be able to resource the project without having to go outside the Sunshine Coast which is great news for the local economy."&nbsp;&nbsp;

The Corso is slated for completion in mid-2024.

[smartcode_project_cta:default project_id=100708]

The Sunshine Coast Council are building the CBD from scratch, and therefore are able to effectively create a city built with more modern technology than other cities across the world

Why locals and interstate investors are looking to Sunshine Coast's Maroochydore for value and opportunity

Eden Garden Residences, the newest off the plan apartment opportunity to become available in <a href="/new-apartments/southport-qld-4215">Southport</a>, sits in a prime pocket where future residents will be able to walk to everything.

The <a href="/new-apartments/eden-garden-residences-20-bauer-street-southport">boutique 54-apartment development</a> by BDA Architecture is located at <a href="/new-apartments/eden-garden-residences-20-bauer-street-southport">20 Bauer Street</a>, on the corner of Chester Terrace which runs down to the James Overell Park and the Nerang River, just a 240 metre walk.

James Overell Park has significant greenery, numerous fitness stations, a fully fenced playground and an offleash dog area. A concrete path loops around the whole park, running along the river.

[smartcode_project:default project_id=136286 project_image_fid=228943]

Only 700 metres for a change of scenery is a a trio of parks; Queens Park, Matron &amp; Sister Higman Park, and Carey Park. The three parks meet the start of the Broadwater Parklands, one of the most popular parks across the whole of the Gold Coast which has recently had a $42 million upgrade.

Still flanking the water, the long stretch of parklands includes the Gold Coast Aquatic Centre, Cafe Catalina and Fish Shak, Rockpools (a free water play area) and a swimming lagoon. There's numerous barbecue and picnic areas, playgrounds and lookouts, as well as the Southport Pier.

Parks are well and truly covered with the above, but <a href="/new-apartments/eden-garden-residences-20-bauer-street-southport">Eden Garden Residences</a> won't only be ideally located for those who want to take in leisure through nature, but also through shopping.

[smartcode_project:default project_id=136286 project_image_fid=228946]

<a href="/new-apartments/southport-qld-4215">Southport</a> Park Shopping Centre is just 1.9 kilometres metres away from the Bauer Street project. That has around 50 stores as well as a cinema and restaurants.

Within a two kilometre radius there's also the two-level Australia Fair Shopping Centre, Southport Central, and the Meriton Retail Precinct.&nbsp;

The closest shopping destination to <a href="/new-apartments/eden-garden-residences-20-bauer-street-southport">Eden Garden Residences</a> is Brickworks Ferry Road which houses a variety of retailers offering fresh produce, gourmet foods, fashion, and homewares.

[smartcode_project:default project_id=136286 project_image_fid=228937]

While both the parklands and proximity to shopping centres will attract a wide range of buyers to <a href="/new-apartments/eden-garden-residences-20-bauer-street-southport">Eden Garden Residences</a>, the 20-minute walk to The <a href="/new-apartments/southport-qld-4215">Southport</a> School, or the 15-minute drive to Griffith University, will draw the family buyer. There are four primary schools within one kilometre of the project, and five secondary schools.

Residents will of course only be a stone's throw from <a href="/new-apartments/main-beach-qld-4217">Main Beach</a> on the other side of the Nerang. That's accessible from the Sundale Bridge, less than a kilometre away. Once across the bridge, you're taking in everywhere from Surfers to <a href="/new-apartments/southport-qld-4215">Southport</a> Spit, as well as Chevron Island's booming Home of The Arts precinct.

<a href="/new-apartments/eden-garden-residences-20-bauer-street-southport">Eden Garden Residences</a> start from $760,000. The project is estimated to be completed in late 2025.

[smartcode_project_cta:default project_id=136286]

From waterfront parks to shopping precincts and schools, Eden Garden Residences location offers something for everyone

Walking distance to everything: Southport's Eden Garden Residences take in nature and shopping

S&amp;S Projects has announced the release of the final four three-bedroom apartments at Esprit, their latest instalment of new apartments in Rainbow Bay.

The apartments, which range in size from 151 sqm to 215 sqm, start from $1.95 million.

The three-bedroom apartments feature open plan living spaces which extend to covered balconies overlooking either the ocean or the Tweed River.

The central hub of the apartments is the kitchens, fitted with integrated European appliances and complete with premium finishes.

&nbsp;

[smartcode_project:default project_id=102921 project_image_fid=214820]

Residents of Esprit will also have exclusive access to the Gold Coast's first rooftop wellness club, Club Esprit.

The centrepiece of Club Esprit is its 25-metre magnesium lap pool, surrounded by wet daybeds and poolside cabanas, providing residents with a place to lounge, soak up the sun, and enjoy coastline views.

Club Esprit will deliver a resident-only rooftop wellness hub spanning over 1,100 sqm, fully equipped with a Technogym, yoga lawn, remedial treatment room, ice bath, infrared sauna, steam rooms, thermal room, and treatment room.

[smartcode_project:default project_id=102921 project_image_fid=172129]

The exercise amenities are balanced by a sprawling residents’ recreational space, including a children’s play lawn with modern play equipment, a private dining room, private terraces, barbecue areas, and an outdoor cinema.

Hutchinson Builders, one of Queensland’s largest construction companies, is currently building the $150 million Esprit project.

A total of 94 apartments will be delivered across the dual frontage site at 217-227 Boundary Street, with a mix of two and three-bedroom apartments spanning the lengths of the 12 and seven-storey buildings.

[smartcode_project:default project_id=102921 project_image_fid=172175]

Esprit's façade, designed by Cottee Parker Architects, pays homage to the tidal pools of Snapper Rocks, adding visual intrigue to the building and nodding to the natural beauty surrounding Rainbow Bay.

Esprit is only steps from the iconic Rainbow Bay beach, with easy access to the Motorway and a short five-minute drive to the Gold Coast International Airport.

Residents are expected to move in by 2024.

[smartcode_project_cta:default project_id=102921]

Hutchinson Builders, one of Queensland’s largest construction companies, is currently building the $150 million Esprit project

S&S release final three-bedroom apartments in Esprit Rainbow Bay

EG Funds Management are bringing over 550 apartments to the vastly undersupplied Brisbane apartment market.

They're splitting their approved Fortitude Valley building in half, vertically not horizontally, creating two towers, one with 326 build to rent apartments, the other with 225 build to sell apartments across 33 levels.

The vast 3,582 sqm block stretches across 80 McLachlan Street and 801 Ann Street, while also having street frontages to Moregan and Connor Streets. the BTR tower will face Ann Street and the BTS tower McLachlan Street.

The Town Planning Report by Urbis said&nbsp;the Rothelowman-designed proposal delivers an exemplary design outcome that offers choice and diversity for both the apartment and rental market in Brisbane.

<img alt="EG" data-entity-type="file" data-entity-uuid="f87be608-8e20-4b6b-8ad2-2a55af6b947e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-11-27%20at%203.45.10%20pm.png?VersionId=frciwo0Om0LJL5Bj53P54k0S9Mz2rNQa" />

"The development provides a memorable marker to the inner-city skyline, with vertical landscaping dispersed generously and use of contrasting colour palettes between the two towers," Urbis noted in their Assessment Report.

"The materiality creates a modern residential development with subtropical components that suitably respond to the site’s context and are unique to Brisbane."

Urbis said a key aspect of the development proposal is its building height.

"The proposed concept relies upon the existing approved height of the commercial scheme and enhances the design to provide a more refined outcome for the site involving two separate towers with greater setbacks and separation as well as reduced tower site cover."

<img alt="EG Funds" data-entity-type="file" data-entity-uuid="fd17c6e1-c060-4abd-89d6-2124547dfb90" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-11-27%20at%203.44.50%20pm.png?VersionId=3eG1_QsuiRkmT7uRGqkZN1Zf9iqVqlPr" />

They said significant events have occurred since the receipt of the two previous approvals, including COVID-19, population growth, and confirmation of Brisbane as the host city for the 2032 Olympics.

"These significant events have stimulated changes to policy direction for planning and development of Brisbane.

"Recent federal, national and local strategic policies are expressing a consistent direction whereby increased height and density is supported in appropriate locations, particularly to address a critical economic and community need for housing supply.

"The proposal is aligned with this emerging policy direction, as the site is a large island site with no adjoining sensitive uses and receivers and highly accessible to public transport, employment and goods and services.

"It is of an appropriate scale and density that can accommodate significant on-site population to support the day- and night-time economy of Fortitude Valley."

<img alt="EG" data-entity-type="file" data-entity-uuid="fabcd145-42f6-4c2b-947b-77f5f4eb69d3" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-11-27%20at%203.50.41%20pm.png?VersionId=_lLRzKvOl8DwEDn6YXUhCU2bdA.Agjwh" />The former approval, left, vs the new plans, right

Architecture firm Rothelowman said in their Urban Context Report that the towers will make a "genuine contribution to helping solve the current housing crisis that affects Brisbane and Australia as a whole."

Part of the proposal is over 1,000 sqm of retail space which activates all four street frontages and provides a day/night economy to the area.

There will be around 300 sqm of purpose built community use space operated by the Little Big Foundation,&nbsp;over 400 sqm of privately owned public space in the form of a covered colonnade, activated plaza and sub-tropical gardens, and a subtropical colonnade along Morgan St that links together two heritage buildings; The Osbourne Hotel and St Patricks Cathedral.

Rothelowman said a deliberate focus on the power of landscape is at the heart of all design strategies embedded in the project.

<img alt="EG Funds FV" data-entity-type="file" data-entity-uuid="ece0022e-f723-4520-bc83-ba976eb816ed" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-11-27%20at%203.42.59%20pm.png?VersionId=KFlCgUpGY4QaxL7fSgxruiE8QF.7NAmJ" />

"801 Ann St seeks to provide an exemplary residential project grounded in a deep understanding of place and a sincere dedication to life in the subtropics. The design seeks to reimagine urban living with a central focus on community, generosity, and connection to nature. This approach and attitude is fundamental in providing a future focused methodology to delivering much needed housing within our rapidly evolving city.," Rothelowman said.

"Crafted through a meticulous analysis of the site and its surroundings, 801 Ann aims to seamlessly engage with the existing context of Fortitude Valley whilst offering rejuvenation to one of the more intense inner-city suburbs of Brisbane. It envisions weaving a vibrant, active, and generous urban atmosphere into the Valley heart, utilizing urban gestures and deep sheltered public spaces to establish a porous and harmonious interface with the city."

Both towers feature rooftop recreation decks with a pool, spa area, sun deck, dining room and kitchen and BBQ areas, as well as further amenity on level five with a gym for each building, a wellness spa, library, and work from home spaces.

EG Funds Management has over $5.1 billion in assets under management and a $3.9 billion development pipeline across Australia. They intend to keep the BTR tower, which they will let a national operator manage.

&nbsp;

&nbsp;

&nbsp;

&nbsp;

&nbsp;

&nbsp;

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The Town Planning Report by Urbis said the Rothelowman-designed proposal delivers an exemplary design outcome that offers choice and diversity for both the apartment and rental market in Brisbane

EG Funds to plug Brisbane housing supply hole with build to rent and build to sell plan apartment towers in Fortitude Valley

South East Queensland property developer Sherpa has continued to show its confidence in the <a href="/developments/gold-coast-qld">Gold Coast</a> with the acquisition of three premier sites.

<a href="/developers/sherpa-property-group">Sherpa</a>, led by Christie Leet, has recently purchased a 1710 sqm site at <a href="/new-apartments/perspective-helm">107 Stanhill Drive</a> in <a href="/developments/chevron-island-qld-4217">Chevron Island</a>, a 915 sqm site at 45 <a href="/developments/labrador-qld-4215">Labrador</a> Street in <a href="/developments/labrador-qld-4215">Labrador</a>, and a 17-hectare site on Winchelsea Way at Terranora for future residential developments.

The acquisitions come on the heels of the company's sell-out success of its Perspective Broadwater project and the near sell-out of Perspective on Albatross in Mermaid Beach, as well as the launch of their latest Perspective project, <a href="/developments/palm-beach-qld-4221">Perspective Nexus Palm Beach</a>.

[smartcode_project:default project_id=108324 project_image_fid=228359]

<a href="/developers/sherpa-property-group">Sherpa Property Group</a> founder Christie Leet said the company was keen to explore further opportunities as its recent projects were nearing completion.

"We’re very bullish on the <a href="/developments/gold-coast-qld">Gold Coast</a> market and these latest acquisitions will enable us to continue to build and grow <a href="/developers/sherpa-property-group">Sherpa</a> brand as a residential developer of choice for discerning buyers,” he said.

“We believe and have long held the belief that the <a href="/developments/gold-coast-qld">Gold Coast</a> is poised for remarkable growth in the years to come, and we are thrilled to be able to provide high-end luxury residential offerings as the city matures and grows.

“We see tremendous potential in <a href="/developments/chevron-island-qld-4217">Chevron Island</a>, Labrador and Terranora as three of the best sites site available in the <a href="/developments/gold-coast-qld">Gold Coast region</a>. Choosing these locations for our new projects aligns with our vision of creating premium living spaces that contribute to the vibrant character of the Gold Coast.”

<img alt="Perspective" data-entity-type="file" data-entity-uuid="dbc56d21-04f1-41e4-8a56-d4eac83800c8" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-11-27%20at%203.21.16%20pm.png?VersionId=tTr.fLP6hhmDww1_GbiXF9nmi_UbBRaK" />The <a href="/developments/chevron-island-qld-4217">Chevron Island </a>riverfront site will be another addition to Sherpa’s ‘Perspective’ brand and deliver a luxury riverfront project.

<a href="/developers/sherpa-property-group">Sherpa</a> secured a <a href="/developments/labrador-qld-4215">Labrador</a> site for a small lot subdivision, a return to its roots and the 'Freedom' brand which the company believe is the future of housing on the <a href="/developments/gold-coast-qld">Gold Coast</a>. Their Terranora acquisition, a large lot subdivision in Northern NSW, will be a part of Sherpa's 'Estates' brand.

<a href="/developers/sherpa-property-group">Sherpa Property Group</a> is currently in the planning stages for the three projects, with a development application expected to be lodged for the <a href="/developments/chevron-island-qld-4217">Chevron</a> site in late 2023.

Leet said the growth trajectory of the <a href="/developments/gold-coast-qld">Gold Coast</a> was simply astounding.

“Apartment sales have increased, and stock levels have decreased – we are keen to fill that void,” said Leet.

[smartcode_project:default project_id=108324 project_image_fid=232461]

New data from Urbis has revealed a <a href="/news/qld/gold-coast-apartment-sales-jump-in-q3-2023-urbis">significant increase in apartment sales from the previous quarter</a>. The majority of these sales were centred around the traditional apartment precincts of Surfers Paradise, Broadbeach and Main Beach.

Sherpa has undertaken 11 projects on the <a href="/developments/gold-coast-qld">Gold Coast</a> over the last six years. These include Scenic Ridge at Bilambil Heights, Freedom Caba at Cabarita, Freedom Rainbow Bay at Rainbow Bay, Freedom Skyline at Ashmore, The Golden Four at Bilinga, Perspective 202 at Bilinga, Perspective 488 and Perspective Two Sea at Palm Beach, Perspective Broadwater at Biggera Waters, Perspective on Albatross at Mermaid Beach and Perspective Nexus at Palm Beach.

Sherpa Property Group founder Christie Leet said the company was keen to explore further opportunities as its recent projects were nearing completion

Sherpa secure three new residential development sites 

DVB Projects has received approval from the Planning and Environmental Court to develop a 26-level apartment tower on First Avenue in <a href="/developments/broadbeach-qld-4218">Broadbeach</a>.

The green light comes nearly two years after DVB submitted their development application, which had initially faced rejection from the <a href="/new-apartments/gold-coast-qld">Gold Coast City Council</a> in mid-2021. The council expressed concerns about the application's adherence to the City Plan, particularly regarding the building's height limit and shadowing issues. However, DVB contested these concerns and successfully won the appeal.

Under the leadership of managing director Dean Brown, DVB Projects is now spearheading the luxury project—<a href="/new-apartments/sea-glass-2-first-avenue-broadbeach">Sea Glass</a>, a 35-apartment tower designed by Rothelowman.

<a data-entity-type="file" data-entity-uuid="47c560dc-81ed-49ae-82e8-6f16789453be" href="/new-apartments/sea-glass-2-first-avenue-broadbeach"><img alt="Seaglass" data-entity-type="" data-entity-uuid="" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-11-27%20at%203.07.26%20pm.png?VersionId=Q63Todu60dlrN1okVvGyK57tIkxG0oI." /></a>

<a href="/new-apartments/sea-glass-2-first-avenue-broadbeach">Sea Glass</a> will comprise 35 high-end apartments, including 26 half-floors, eight full-floors, and one penthouse. The half-floor residences will start at 252 sqm, the entire floors at 555 sqm, and the penthouse at 1504 sqm. Sea Glass marks the DVB Project's inaugural development on the <a href="/new-apartments/gold-coast-qld">Gold Coast</a>.

Featuring state-of-the-art automation technology, each <a href="/new-apartments/sea-glass-2-first-avenue-broadbeach">Sea Glass</a> apartment allows residents to control various aspects of their homes effortlessly. Circadian lighting supports alertness and sleep, the Sonos sound system provides room-by-room audio, and a gas fireplace adds warmth in cooler months. Ducted and zoned air-conditioning ensures year-round comfort.

<a data-entity-type="file" data-entity-uuid="05b18cd0-453b-465e-bd88-211d8fbc7f48" href="/new-apartments/sea-glass-2-first-avenue-broadbeach"><img alt="Sea Glass" data-entity-type="" data-entity-uuid="" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-11-27%20at%203.06.47%20pm.png?VersionId=T6Jg56QJlvEvGj5ejEmKG04CG7dj2UtW" /></a>

Meanwhile, residents will enjoy various resort-style amenities in <a href="/new-apartments/sea-glass-2-first-avenue-broadbeach">Sea Glass</a>, including a pool, hot and cold spa, gymnasium, steam/sauna, yoga room, private meeting room, communal office space, and a surf craft store room.

The building also has three levels of basement parking, with provisions for electric vehicle charging stations to cater to future electric vehicle owners.

<a data-entity-type="file" data-entity-uuid="e2744199-c566-4cda-8a85-3a9add5eb88e" href="/new-apartments/sea-glass-2-first-avenue-broadbeach"><img alt="Sea Glass" data-entity-type="" data-entity-uuid="" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-11-27%20at%203.09.50%20pm.png?VersionId=X7W3jSmbzC7XRgFJ7eQXZ0xfhHe3Fywz" /></a>

Just a short walk from the Gold Coast Beach, Sea Glass will rise on an amalgamated beachfront site at 2 First Avenue and the adjoining 655 sqm 88 Old Burleigh Rd site. DVB acquired the latter for $6.8 million and the former for $7.1 million in 2020 from Brisbane property veteran Kevin Seymour.

DVB commenced demolition of the two-storey mansion on site in July 2020, initially revealing plans for a nine-storey development.

The anticipated completion date for <a href="/new-apartments/sea-glass-2-first-avenue-broadbeach">Sea Glass</a> is mid-2025.

Sea Glass will comprise 35 high-end apartments, including 26 half-floors, eight full-floors, and one penthouse

DVB Projects win approval for Sea Glass, Broadbeach apartment development

Prolific Gold Coast developer <a href="/developers/aniko-group">Aniko Group</a> is set to break ground on its next project, the $150 million <a href="/new-apartments/orama-chevron-island-12-16-weemala-street-chevron-island">Orama</a> apartments at <a href="/developments/chevron-island-qld-4217">Chevron Island</a>.

<a href="/new-apartments/orama-chevron-island-12-16-weemala-street-chevron-island">Orama</a> is the latest in a project portfolio of more than $2 billion by the George Mastrocostas-led <a href="/developers/aniko-group">Aniko Group</a>.

<a href="/developers/aniko-group">Aniko</a> has switched its attention to the central <a href="/developments/gold-coast-qld">Gold Coast</a> suburb of <a href="/developments/chevron-island-qld-4217">Chevron Island</a> after completing the largest suburb transformation of <a href="/developments/hope-island-qld-4212">Hope Island</a> where the company has all but sold out more than $500 million of residential apartment and townhouse product.

[smartcode_project:default project_id=111898 project_image_fid=240584]

Once complete, <a href="/new-apartments/orama-chevron-island-12-16-weemala-street-chevron-island">Orama</a> will comprise 102 residences and include two-bedroom apartments from $995,000 to $1.45 million and a range of three-bedroom skyhomes from $1,995,000, offering panoramic views over the central <a href="/developments/gold-coast-qld">Gold Coast</a> skyline.

The project is targeting local downsizers and interstate migrators and is well on its way to a successful sellout.

“We are thrilled with the take-up of <a href="/new-apartments/orama-chevron-island-12-16-weemala-street-chevron-island">Orama</a> which has been highly competitively priced and offers some of the best quality amenities of any project in the precinct,”&nbsp;<a href="/developers/aniko-group">Aniko Group</a> Managing Director George Mastrocostas said.

“Nothing has been an afterthought, from the quality of the apartments themselves to the 550 sqm rooftop recreation area comprising of a gymnasium, pool, spa, residents lounge and a host of other amenities.”

[smartcode_project:default project_id=111898 project_image_fid=209597]

The completion of Aniko’s inner <a href="/developments/hope-island-qld-4212">Hope Island</a> developments – the culmination of five years of development transforming inner <a href="/developments/hope-island-qld-4212">Hope Island</a> – has been the trigger for the beginning of construction at <a href="/developments/chevron-island-qld-4217">Chevron Island</a>.

“We’ve been able to redeploy our construction teams after what has been an amazing five-year journey in which we have successfully sold and built some 630 new residential dwellings in <a href="/developments/hope-island-qld-4212">Hope Island</a>,” Mastrocostas added.

“Our <a href="/developments/hope-island-qld-4212">Hope Island</a> experience has allowed us to accelerate our brand awareness out of the <a href="/developments/gold-coast-qld">Gold Coast</a> and we are certainly excited about delivering Orama to new customers.”

Construction gets underway in November and will take approximately 18 months to build with completion scheduled for early 2025.

[smartcode_project:default project_id=111898 project_image_fid=240587]

Mastrocostas said the project had achieved almost $100 million in unconditional sales since its launch to the market earlier this year.

He said some buyers had sold in existing <a href="/developments/chevron-island-qld-4217">Chevron Island</a> projects or had come from other projects that had yet to proceed.

<a href="/developers/aniko-group">Aniko Group</a> is also planning one of the largest transformative projects on the central <a href="/developments/gold-coast-qld">Gold Coast</a> with its proposed $2 billion Seaview master planned precinct at Mermaid Beach currently before council.

[smartcode_project_cta:default project_id=111898]

Construction gets underway in November and will take approximately 18 months to build with completion scheduled for early 2025

Aniko to kick off construction of Chevron Island apartment development, Orama

Isle of Capri’s largest residential project in more than three decades is moving full steam ahead with local builder Greyburn appointed and construction set to kick off this side of Christmas.

Developed by Gold Coast based Monaco Property Group (MPG) Capri represents the largest (in one line) residential land holding in the suburb with the multi-award winning residential project positioned on a prime 1.2-hectare site.

Construction will commence at the site in the coming weeks with demolition set to kick start the project, with 24 existing townhomes set to be demolished along with a pool and tennis court on the site formerly known as Figtree East.

[smartcode_project:default project_id=139511 project_image_fid=213450]

The appointed builder Greyburn has over 35 years’ experience in the industry with a strong track record for delivering high quality townhouses, mid-rise residential developments, and commercial buildings including Rhythm Kirra Hill and Robina Grand.

Greyburn Director John Kearney says his team secured the project through a competitive tender process emphasising quality, experience and a collaborative approach to construction and design.

“We were attracted to this project because Capri demands the very best quality with a high level of attention to detail, and we are committed to delivering on that promise,” Kearney says.

“MPG are committed to using solid materials and have based their design decisions around using materials like concrete, blockwork, and suspended concrete slabs for longevity and environmental sustainability and for this reason, Capri will represent the very best of high-end residential construction.”

[smartcode_project:default project_id=139511 project_image_fid=213451]

Kearney said that his experienced and committed team of suppliers and contractors will ensure Capri is delivered to the highest standards.

“We will work with our trusted team, many of whom we have worked with for more than 10 years to ensure Capri is built to stand the test of time,” he said.

“Capri is truly special to us as a Gold Coast-based builder. Located at the heart of the vibrant Isle of Capri, this project offers a strategic opportunity to construct 48 luxury villas. We're thrilled to contribute to the growth of our community and create homes that embody the essence of this dynamic locale.”

Architecturally designed by global practice Plus Architecture and local Gold Coast award-winning firm BDA Architecture, the luxury residential project offers a selection of two and three-level villas ranging in size from 241 sqm to 370 sqm. The homes have three or four-bedroom, all available with multi-purpose rooms and secure double garages.

[smartcode_project:default project_id=139511 project_image_fid=214735]

NPA Projects Director Andrew Erwin says news of Capri’s builder appointment and construction commencement is a significant milestone and is sure to please buyers before the rush of the holiday season.

“Capri is in an ideal position with approximately $70 million in sales to date,” says Erwin.

“Now with construction set to commence before Christmas, buyers can be confident the muilti-award winning landmark project is underway and on track for residents to move in mid-2025.”

Capri’s strategic location, nestled near Surfers Paradise, Bundall, and Broadbeach, offers vibrant inner city living in a highly sought-after residential pocket at one of the city’s most coveted addresses. All 48 architecturally designed villas have been individually designed with their own unique personality allowing buyers to select a residence that resonates with their unique preferences.

Capri offers an exclusive gated community surrounded by world-class resort-style resident-only amenities including a pool with submerged lounge chairs, sundeck, an outdoor dining terrace, a covered barbeque area and a residents lounge complete with kitchen, bar, TV, lounge and fireplace.

[smartcode_project_cta:default project_id=139511]

Construction will commence at the site in the coming weeks with demolition set to kick start the project, with 24 existing townhomes set to be demolished along with a pool and tennis court on the site formerly known as Figtree East

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