A rare new apartment development has been proposed on the fringe of St Ives Village.

Developer Newquest Property has lodged plans for a low-rise apartment project designed by well-regarded architecture firm Warren &amp; Mahoney, which is best known for its work in the multi-residential sector in Melbourne.

The building, proposed for a 1,916 sqm site on <a href="https://www.apartments.com.au/new-apartments/st-ives-residences-3-5-memorial-avenue-nsw-2075">Memorial Avenue</a> opposite St Ives Village Green, has been designed to blend into the surrounding natural environment.

<img alt="St Ives" data-entity-type="file" data-entity-uuid="5c1c7437-2fba-4345-a6d7-05321714ad3e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-04%20at%201.28.46%E2%80%AFPM.png?VersionId=KrYyMaJvNqR7vbx0xbB3Ef8sJ6FuHpmn" />

“Drawing inspiration from the pale trunks and flowering canopies of the scribbly gums and blue gums prevalent in the area, a considered material palette was developed,” the architectural design report states.

“This palette references the established materiality of the suburb while elevating it through refined finishes to achieve a more luxurious architectural expression.”

Of the 33 apartments proposed, 21 will be three-bedroom residences. The remaining mix includes nine two-bedroom apartments, one one-bedroom apartment and two four-bedroom residences. The development will be supported by 62 car parking spaces and 33 secure bicycle spaces.

The proposal would replace two single-storey brick buildings currently on the site.

<img alt="St Ives" data-entity-type="file" data-entity-uuid="21422eaf-09a9-4439-9278-b9bd9daf22a1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-04%20at%201.38.10%E2%80%AFPM.png?VersionId=v.fXSgcUcEscvOZzqcjG5nk3gVqk_Amt" />

St Ives remains a relatively untapped market for new apartment development. North Shore developer WINIM has a number of projects in the area, while INCA is nearing completion of Ellis Residences.

More recently, Traders In Purple has lodged plans for one of the denser projects proposed in the suburb, a 75-apartment development on a 5,900 sqm site on Cowan Road.

NewQuest, a construction, design and development firm, has delivered over 24 projects across commercial, residential, industrial, and lad markets.&nbsp;

&nbsp;

&nbsp;

Joel Robinson

First look: NewQuest Property proposes new St Ives apartment development

<a href="https://www.apartments.com.au/developers/centa-property-group">Centa Property Group</a> has achieved two major milestones at its <a href="https://www.apartments.com.au/new-apartments/bilinga-house-107-golden-four-drive-bilinga-qld-4225">Bilinga House</a> apartment development in the sought-after southern Gold Coast.

They've almost sold 50 per cent of the Golden Four Drive building, while at the same time announcing the commencement of construction through reputable builder Greyburn Construction.

The boutique 10-storey building, with 47 two- and three-bedroom apartments, now has a mid-to-late 2028 completion date.

[smartcode_project:default project_id=150037 project_image_fid=5333]

The <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a>-designed project is positioned just 200 metres from Bilinga Beach and brings a relatively rare apartment offering to a market that has seen limited new supply in recent years.

Residences have been designed to maximise natural light and ventilation, with open-plan interiors, generous glazing, and material palettes that reflect the surrounding coastal landscape.

Interiors incorporate engineered timber flooring, stone benchtops, and custom joinery, with layouts designed to adapt to both permanent living and lock-and-leave use.

[smartcode_project:default project_id=150037 project_image_fid=5336]

Rothelowman Senior Project Leader Matthew Tencate said the design approach centres on liveability and community.

“Providing curated on-site amenities and communal spaces for residents that facilitate a sense of community, liveability, and wellness,” Tencate said.

Residents will have access to a suite of private amenities including a pool, gym, sauna, and communal alfresco areas, alongside practical features such as surfboard storage and bicycle facilities.

[smartcode_project:default project_id=150037 project_image_fid=5336]

Centa Property Group Director Jason Yuen said the project has been designed to appeal to a range of buyers seeking flexibility in how they use their property.

“Bilinga House is designed for those who want the best of both worlds – a modern beachside escape with the flexibility to generate income when you're not there,” Yuen said.

[smartcode_project:default project_id=150037 project_image_fid=5338]

Bilinga remains one of the quieter pockets of the Gold Coast, sitting between the more established hubs of Coolangatta and Palm Beach. Its appeal has strengthened in recent years, supported by proximity to the Gold Coast Airport and the Oceanway coastal path.

[smartcode_project_cta:default project_id=150037]

Bilinga House apartments snapped up as Greyburn commences construction

Breaking into the Sydney property market has long felt out of reach for many first home buyers, particularly as median house prices sit above $1.6 million and unit prices push beyond $900,000.

But entry points still exist in pockets of Greater Western Sydney, where pricing, government incentives, and product mix are aligning to make ownership more attainable.

Understanding where those opportunities sit, and how the numbers actually stack up, is becoming increasingly important for buyers weighing up their next move.

<h2>Work out what you can actually afford</h2>

Sydney is expensive, but it isn’t uniformly expensive. The Greater Parramatta region continues to offer comparatively accessible entry points, particularly for buyers open to alternative configurations like studios.

There's an assumption that a first home needs to be a certain size, that anything smaller than a one-bedder is a concession rather than a choice. That assumption doesn't hold up against what well-designed studios in the right location actually offer: immediate liveability, strong urban amenity, and a price point that makes the deposit target realistic rather than theoretical.

At <a href="https://www.apartments.com.au/buildings/mason-main-merrylands-249-259-merrylands-road-merrylands-nsw-2160">Mason &amp; Main</a>, <a href="https://www.apartments.com.au/developers/coronation-property">Coronation Property</a>'s multi-award winning precinct in Merrylands, studio apartments are unlike the typical studio configuration.

Starting from $498,000, the bedroom is fully enclosed, separated from the living area by a cavity sliding door, creating a genuinely private sleeping space that functions more like a one-bedroom apartment than a traditional open-plan studio.

[smartcode_project:default project_id=31751 project_image_fid=359814]

At 42 sqm internally, with an open-plan kitchen, built-in robes, modern bathroom, and separate laundry, the apartments are designed for everyday liveability rather than short-term use.

With a five per cent deposit under the Federal Government's First Home Guarantee, that equates to a deposit of around $24,200, achievable for many first home buyers without the added cost of Lenders Mortgage Insurance.

<h2>Understand the real cost of renting versus buying</h2>

For buyers weighing up the shift from renting to owning, the numbers are closer than many expect.

Here’s how the numbers stack up for a studio at Mason &amp; Main (based on a $498,000 purchase):

<ul>
	<li>Purchase price: $498,000</li>
	<li>Five per cent deposit (First Home Guarantee): ~$24,900</li>
	<li>Loan amount: ~$473,100</li>
	<li>Estimated mortgage repayment (6.29% variable, 30-year term): ~$675–$695/week*</li>
	<li>Estimated rental return: $590–$620/week*</li>
	<li>Rental yield: 6.16% - 6.47%</li>
</ul>

At this level, the gap between renting and owning is relatively narrow, particularly when factoring in long-term equity, with rental returns also making the apartments a viable option for investors.

The rental range reflects current asking rents for remaining studio stock in the development and, based on prevailing asking prices, equates to an indicative gross rental yield of up to 6.47 per cent.

For buyers seeking more internal space, Mason &amp; Main also offers a range of one-bedroom apartments from $629,000, alongside larger one-bedroom plus multipurpose room configurations priced from $680,000 - all priced under $800,000 and eligible for first home buyer incentives.

<ul>
	<li>Purchase price: $629,000</li>
	<li>20 per cent deposit: ~$125,800 (5% deposit on exchange: $31,450)</li>
	<li>Loan amount 80%: ~$503,200</li>
	<li>Estimated mortgage repayment: ~$720–$740/week*</li>
	<li>Estimated rental return: $650–$680/week*</li>
	<li>Rental yield:&nbsp;5.37% - 5.62%</li>
</ul>

One-bedroom apartments continue to present a balanced option for both owner-occupiers and investors, supported by steady rental demand across Western Sydney.&nbsp;

[smartcode_project:default project_id=31751 project_image_fid=359812]

<h2>Make sure you're across the government incentives</h2>

Government incentives continue to play a key role in reducing the upfront cost barrier.

At Mason &amp; Main, studio, one, and two-bedroom apartments are priced under $800,000, allowing eligible buyers to access a full stamp duty exemption under the NSW First Home Buyers Assistance Scheme.

On a $498,000 purchase, that represents a saving of roughly $17,900 that would otherwise need to be paid at settlement.

Combined with the First Home Guarantee, which enables purchases with as little as a five per cent deposit, the total capital required to secure a home is significantly reduced compared to traditional lending pathways.

<h2>No waiting, no uncertainty</h2>

For first home buyers who want to move sooner rather than later, Mason &amp; Main removes one of the more common pain points from the purchase process entirely. The development is already complete and move-in ready, meaning buyers can walk through the apartments, inspect the finishes, and have full certainty about what they're purchasing before signing anything.

Coronation brought in renowned architecture firm <a href="https://www.apartments.com.au/architects/woods-bagot">Woods Bagot</a> to design the development.&nbsp;

"The project's design drew inspiration from the area's rich heritage, in particular the nearby brickworks and aqueduct, infusing a contemporary perspective to seamlessly integrate historical influences into the design," Woods Bagot Principal Dom Alvaro says.

[smartcode_project:default project_id=31751 project_image_fid=736]

<h2>Factor in location and lifestyle</h2>

Beyond the apartment itself, the surrounding infrastructure matters, particularly for a first purchase. Merrylands Station sits 350 metres from the development, putting the Parramatta CBD a five-minute drive away and the Sydney CBD roughly 25 minutes via the Western Line. Directly across the road is Stockland <a href="https://www.apartments.com.au/developments/merrylands-nsw-2160">Merrylands</a>, one of Greater Western Sydney's major retail centres.

At street level, Mason &amp; Main's own retail and dining precinct has more than 30 tenants trading, including Iftar, Macelleria, Hayat, San Churro, Yuzu, and Fat Jaks. Residents also have access to a resort-style pool, a Technogym-equipped gym, private dining rooms, and a rooftop terrace with panoramic views across Parramatta, the Sydney CBD, and the Blue Mountains, all exclusive to the building.

Due to the mix of configurations, including studios which are rarely offered in today's new apartment market, first home buyers and investors have driven Mason &amp; Main to over 90 per cent sold.

Coronation Property Managing Director Joe Nahas says the development is driving a revitalisation of Merrylands, setting a high standard for future developments in the area.

Mason &amp; Main is move-in ready and is the latest in a series of award-winning mixed-use developments by Coronation Property.

Disclaimer: Mortgage repayment figures are estimates only, based on a 6.29 per cent variable rate over a 30-year term (Canstar, April 2026). Pricing and rental estimates are indicative and based on current listings and project information. Gross yield figures are indicative and derived from asking prices and estimated rental ranges. Stamp duty savings are indicative only. Buyers should seek independent financial and legal advice before proceeding.

[smartcode_project_cta:default project_id=31751]

How first home buyers can enter the Sydney property market for under $500k

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.

[smartcode_project:default project_id=135149 project_image_fid=368157]

“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.

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

<a href="https://www.apartments.com.au/developers/sunkin-property-group">Sunkin Property Group</a> has launched Live Now at its recently completed Highett Common masterplan in Highett, centred on a collection of two- and three-bedroom apartments now available for immediate move-in, alongside curated furnishing and appliance packages valued at up to $70,000.

The offering, which includes flexible move-in and settlement terms, marks a shift in the 9.3-hectare Bayside precinct as it transitions from construction into an established residential community. As part of delivering early amenity to the first residents, Sunkin has completed a one-hectare park and children’s playground, while the three-hectare Highett Grassy Woodland Conservation Area is set to open next month.

Further amenity, including a dedicated wellness facility, is planned to enhance the precinct over time. The surrounding neighbourhood also plays a key role in the project’s appeal. A Woolworths supermarket sits next door, Highett Train Station is directly across the road, and the shops, bars and restaurants along Highett Road are all within walking distance.

The completed residences are located within the Park House and North Lane buildings, forming part of the first stage of the masterplanned development. Each apartment is delivered with a tailored move-in package developed in collaboration with <a href="https://www.apartments.com.au/interior-designers/coco-republic-interior-design">Coco Republic</a> and Dolce Dominique, alongside a suite of household appliances designed to support immediate occupancy.

For two-bedroom apartments, the package is valued at $45,000, while three-bedroom residences include an expanded $70,000 offering. Both packages incorporate furnishing and styling by Coco Republic, a curated artwork selection by Dolce Dominique, window furnishings, and a full appliance suite across the kitchen and laundry.

&nbsp;

[smartcode_project:default project_id=108019 project_image_fid=368404]

Coco Republic’s Rohan Smith said the approach to the packages was aligned with a more considered, design-led outcome rather than a standardised furniture inclusion.

“We approached these residences the way we’d approach a private client brief,” he said.

“Each package has been tailored to the proportions and orientation of the apartments at <a href="https://www.apartments.com.au/new-apartments/highett-common-37-graham-road-highett-vic-3190">Highett Common</a>, the furniture selections, the textiles, the placement. It’s not a cookie-cutter styling job. These are considered interiors designed to feel personal from day one.”

[smartcode_project:default project_id=108019 project_image_fid=368403]

Dolce Dominique founder Dominique Gauci added that the artwork selections were intended to respond to the surrounding Bayside environment.

“Art changes the way a room breathes," Gauci said.

"We’ve curated pieces that respond to the natural light and the leafy outlook these apartments have, work that feels connected to the Bayside environment rather than dropped in from a catalogue.”

The appliance package includes a Haier fridge, Bosch washing machine and dryer, small kitchen appliances from Smeg, a Breville Barista Pro coffee machine, and a Dyson robotic vacuum, positioning the apartments as fully equipped from the point of settlement.

[smartcode_project:default project_id=108019 project_image_fid=368407]

Highett Common has been masterplanned by <a href="https://www.apartments.com.au/landscape-architect/tract-landscape-architects">Tract Consultants</a> with architecture by <a href="https://www.apartments.com.au/architects/clarke-hopkins-clarke">Clarke Hopkins Clarke</a>, and is structured around a network of green spaces, pedestrian links, and community facilities. More than 40 per cent of the site is dedicated to open space, including parkland, a conservation reserve, and landscaped walking trails.

The precinct also incorporates a new Highett library, community gardens, and a series of pedestrian laneways known as The Mews, designed to connect different parts of the neighbourhood and encourage walkability.

Future stages of the project will introduce a private amenity suite for residents, including an indoor pool, gym, wellness spaces, and shared dining and lounge areas, with delivery aligned to later construction phases.

[smartcode_project:default project_id=108019 project_image_fid=300073]

Located around 17 kilometres south-east of the Melbourne CBD, Highett Common benefits from proximity to Highett Station, local retail along Highett Road, and broader Bayside amenity, positioning it as a connected middle-ring option for a range of buyer groups.

Sustainability remains a core component of the development, which is targeting Net Zero Carbon status. Residences are designed to achieve an average 8-star NatHERS rating, supported by all-electric systems, solar readiness, EV charging infrastructure, and water-sensitive landscaping.

With no construction timeline or off-the-plan wait, the completed apartments at Highett Common offer a more immediate pathway to ownership, allowing buyers to move in as soon as settlement is complete.

[smartcode_project_cta:default project_id=108019]

Sunkin offers Live Now packages at Highett Common as first stage completes

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 builder Huthcinson Builders has kicked off construction at Monarch Residences, the new Toowong riverfront development by Brisbane developer Consolidated Properties Group.

The construction commencement comes after a bull run of sales since the project was launched through Colliers just a few months ago.

&nbsp;

Consolidated have enlisted some of country's leaders in their fields for Monarch. Hutchies, one of the nation's largest construction companies, joins&nbsp;John Wardle Architects and Cottee Parker who collaborated on the design which combines&nbsp;the essence of the quintessential Queenslander with an iconic sub-tropical cosmopolitan lifestyle.

[smartcode_project:default project_id=113455 project_image_fid=211496]

The residences at Monarch have been designed to maximise the river and city views, as well as the abundance of natural light and outdoor space.

The development offers a range of living options, including one, two, three and four-bedroom apartments and penthouses, curated across two 15-storey towers known as River 1 and River 2.

[smartcode_project:default project_id=113455 project_image_fid=211468]

Crowning the towers will be unparalleled rooftop amenity, designed exclusively for residents.&nbsp;The space features a heated infinity pool, an exclusive private dining area, a lounge that can double as a work-from-home space, a sauna, a 'Winter Den,' and several private barbecue seating areas.&nbsp;

Monarch Residences is located three kilometres from the heart of Brisbane's CBD, while the development is also just moments away from renowned educational facilities, the Regatta Ferry Terminal, the Bicentennial Bikeway, and the Toowong Train Station.&nbsp;

[smartcode_project:default project_id=113455 project_image_fid=211495]

The Monarch precinct, where the development is situated, will also include the proposed new Toowong-to-West End Green Bridge, a Riverfront Park, a cycle path, and walkway access.

Additionally, the historic Middenbury House, located within the precinct, is undergoing contemporary restoration and will become a landmark riverfront restaurant and café, adding to the vibrancy of the area.

Construction on the project is slated for late 2026.&nbsp;

[smartcode_project_cta:default project_id=113455]

The construction commencement comes after a bull run of sales since the project was launched through Colliers just a few months ago

Hutchies begin build of Consolidated Property Group's Monarch Residences in Toowong

Gold Coast developer S&amp;S Projects, Paul Gedeoun's development company which&nbsp;is reshaping Rainbow Bay with two striking apartment developments currently under construction and one recently completed, is set to bring a fourth project to the coastal hotspot.

S&amp;S has lodged plans with the <a href="/developments/gold-coast-qld?sort=">Gold Coast</a> City Council for <a href="/new-apartments/radia-rainbow-bay-271-boundary-street-coolangatta-qld-4225">Radia Rainbow Bay</a>, a 13-level tower with just 33 apartments at 271 Boundary Street, toward the eastern end of the sought-after street just a stone's throw from the famous Point Danger headland.

The $140 million development will follow the recently completed&nbsp;$90 million Flow residences, the sold-out $48 million Awaken which is adjacent to the new project, and $140 million <a href="/new-apartments/esprit-217-227-boundary-street-coolangatta">Esprit</a>. The latter of the two projects are currently being built.

“Our confidence in the southern Gold Coast market has never been stronger, especially at Rainbow Bay which epitomises the sophisticated beach lifestyle overlooking the region’s world-famous surf breaks and close to the vibrant heart of Coolangatta,” said Gedoun.

“Our latest project in this highly sought-after precinct is inspired by the success of our previous developments and has been designed to meet the demand we continue to experience for luxury residences in this special part of the Coast.”

<a href="/developers/ss-projects">S&amp;S Projects</a> has enlisted award-winning firm Cottee Parker Architects, the design partner for all of its Rainbow Bay developments, to create a building that responds to its laid-back coastal location, while offering generous views and privacy for residents.

The building will feature a luxury subtropical design achieved through light building materials, deep recesses and vegetation throughout built form.

<img alt="S&amp;S Projects" data-entity-type="file" data-entity-uuid="95d7a993-9ce6-41b7-a689-f0239c2c41d0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-06-08%20at%208.48.28%20am.png?VersionId=xmpu.5_JuWgOWvlf4RJpNDKqOqQ.HshM" />

The boutique development will comprise eight two-bedroom apartments and 17 three- bedroom apartments, topped off by eight three-bedroom penthouses and sub-penthouses on the upper levels.

The residences will each offer generous floor plans ranging from 100 sqm to 174 sqm for the two-bedroom apartments, including balconies.

Three-bedroom residences will have living areas from 172 sqm to 255 sqm, including balconies, while sub-penthouses offer expansive spaces of between 333 sqm and 340 sqm.

Levels 11 and 12 of the development will house two sprawling penthouses of 504 sqm and 569 sqm each, including balconies, while offering spectacular coastal views high on the hill at Rainbow Bay.

Residents also will enjoy a host of amenities including a ground-floor recreation area comprising a swimming pool, outdoor dining and barbecue area, communal private dining, kitchen and wine tasting rooms, a business centre meeting room, a wellness centre and gym.

The development is located a short stroll to Rainbow Bay, Greenmount Beach and Coolangatta Beach, home to the southern Gold Coast’s thriving café culture and extensive retail facilities.

Jayde Pezet of Pezet Matheson, which has successfully marketed the three S&amp;S projects, said there was an over-subscription of buyers for luxury product in Rainbow Bay.

“We’ve had interested parties who were not able to get into Paul’s first three projects that are waiting for more quality new product to enter the market,” Pezet said.

“S&amp;S Projects has introduced a quality of product never seen before at Rainbow Bay and there is still very strong interest in luxury end user focussed product in the area.

“On that basis we’re very keen to get this project to the market subject to council approval.”

Pezet says, pending council approvals, they are anticipating an official launch by the end of this year.

Gedeoun's luxury projects, Flow and Awaken, have set a luxury and price benchmark for the southern Gold Coast which has seen affluent buyers flock to what is regarded as one of Australia’s premier north facing beaches overlooking the world famous Snapper Rocks.

Flow apartments achieved an average price record of $3.5 million per apartment while Awaken’s penthouse sold for $9 million and is heading for completion later this year.

S&S Projects has enlisted award-winning firm Cottee Parker Architects, the design partner for all of its Rainbow Bay developments, to create a building that responds to its laid-back coastal location

S&S Projects file for fourth Rainbow Bay apartment project, Radia Rainbow Bay

Rivea, the first tower in the Gold Coast by the Melbourne-based developer Auriton Group, has been designed by national architecture firm Rothelowman to incorporate the prime waterfront site it sits on.

The infinity pool, one of a number of resort-style amenities in the project of 102 apartments, has been positioned to almost float over the Nerang River.

[smartcode_project:default project_id=100371 project_image_fid=194521]

The leisure and wellness facilities continue within the 30-level tower. There's a well-equipped gym and yoga studio with panoramic ocean views, as well as a sauna. There's surfboard lock-up, and a private residents' boat pontoon.

The apartments have been designed to embrace corner aspects, allowing residents to capture ever changing postcard views of the ocean, river, and hinterland, with the project offering a range of&nbsp;living options to suit various buyers and budgets.

[smartcode_project:default project_id=100371 project_image_fid=194520]

The well-appointed two-bedroom apartments are perfect for young professionals seeking a prestigious address with resort-style facilities, while the spacious three-bedroom residences cater to upgraders or downsizers.

For those desiring extra space, two luxurious three-bedroom plus study sub-penthouses are available, featuring entertainer's kitchens with butler's pantries and unparalleled views.

There's also an exclusive four-bedroom plus study penthouse awaits, offering 360-degree panoramas and an exclusive river pontoon.

[smartcode_project:default project_id=100371 project_image_fid=194515]

Rivea also understands the importance of resident peace of mind and offers on-site management, with the secure building designed for low-maintenance owner-occupier enjoyment.

Rivea is located&nbsp;between the vibrant Surfers Paradise and Broadbeach and offers residents easy access to world-famous patrolled beaches and the convenient G: Link light rail.

[smartcode_project_cta:default project_id=100371]

The infinity pool, one of a number of resort-style amenities in the project of 102 apartments, has been positioned to almost float over the Nerang River

Rivea: The Rothelowman-designed tower in the heart of Surfers Paradise

Gardner Vaughan Group Zinc has made sure it caters for families at it's Sunshine Coast development Zinc, with a number of three and four-bedroom apartment and townhouse options at the Bokarina project.

Adding to the family appeal is the resident's heated swimming pool on the podium level of the project. That includes a kids shallow area.

The Brisbane-based developer has commenced construction at the beachfront project, which has 92 apartments and townhouses on offer. They're targeted a completion date of early 2024.

[smartcode_project:default project_id=109240 project_image_fid=208019]

GVG wanted to create homes that feel like traditional houses, ensuring that residents have plenty of space to relax, entertain, and truly make their own.

There's further amenity past the swimming pool. Zinc also features recreational areas, including multiple barbecue areas and herb and vegetable gardens. There's a fully-equipped gym, as well as a function room complete with a kitchenette.&nbsp;

Inside the apartments, no detail has been overlooked. Each residence is appointed with luxury inclusions and finishes, coupled with high ceilings, zoned and ducted air conditioning, and commercial acoustic glazing throughout.

Each apartment comes with residential parking and storage space, while Zinc will also offer ample visitor parking and charging stations for electric cars.

Outdoor enthusiasts will be pleased to find outdoor showers and a surfboard washroom, as well as a wall-mounted bike rack for each car park, in addition to car wash and vacuum bay.&nbsp;

[smartcode_project:default project_id=109240 project_image_fid=208032]

Location-wise, Zinc offers the best of both worlds.

Situated just 20 minutes from the Sunshine Coast Airport, it is easily accessible for both domestic and international travellers, while&nbsp;Brisbane Airport is also within reach, just 64 minutes away.

The Sunshine Coast University Hospital and Private Hospital are just a short 5-minute drive away, while families will appreciate the proximity to Kawana State School, ensuring a quick and easy commute for the kids.

[smartcode_project_cta:default project_id=109240]

GVG have taken to creating homes that feel like traditional houses, ensuring that residents have plenty of space to relax, entertain, and truly make their own

Gardner Vaughan Group offering house-like apartments in Zinc Bokarina

Surfers Paradise is set to welcome another oceanside neighbourhood to it's portfolio, and one that might be sold out before construction completes.

SPG Land's Paradiso Place, the striking Rothelowman-designed tower on Ferny Avenue, has sold over 75 per cent of its 258 apartments.&nbsp;

Boasting an unrivalled location, Paradiso Place is Australia's first luxury oceanside neighbourhood, combining the allure of the coastal lifestyle with the comforts of a contemporary home.

[smartcode_project:default project_id=106566 project_image_fid=185853]

Each of the one, two and three-bedroom apartments within the development offer sweeping views, allowing residents to immerse themselves in the beauty of the surrounding natural environment.

With ceiling heights of nearly three metres in all living and bedroom areas, the residences create a sense of grandeur and spaciousness, with the thoughtfully designed floor plans maximising liveability, ventilation, and natural light.

[smartcode_project:default project_id=106566 project_image_fid=185852]

Furthermore, residents have the option to customise their homes with additional upgrade options and smart home automation, providing a truly personalised living experience.

Paradiso Place's exterior design further enhances the serene ambiance, with sub-tropical landscapes, gardens, and resort-style luxury throughout.

The development features three swimming pools, including a round-shaped infinity pool, a 20-metre lap pool, and a shallow lounging pool. Residents can also enjoy a private poolside dining area.

[smartcode_project:default project_id=106566 project_image_fid=185857]

For those seeking an active lifestyle, Paradiso Place offers a state-of-the-art gym, yoga studio, and wellness centre.&nbsp;

A standout feature of this exceptional development is the Sky Lounge located on level 26. The luxurious space encompasses co-working and private working spaces, a social lounge, and a Coffee Emporium.&nbsp;

A&nbsp;$4 million sales gallery is open seven days a week to prospective buyers.

[smartcode_project_cta:default project_id=106566]

Boasting an unrivalled location, Paradiso Place is Australia's first luxury oceanside neighbourhood, combining the allure of the coastal lifestyle with the comforts of a contemporary home

SPG Land sell over 75% of Surfers Paradise tower Paradiso Place

In the bustling West End district of the city, Sekisui House Australia's West Village has captured the hearts of many homeowners.

With its unique blend of modern living and historical charm, the vibrant community has become a sought-after destination for those seeking a distinctive lifestyle.&nbsp;

The Thomas's are one such buyer that were attracted to the allure of the Brisbane community, stumbling upon West Village by chance while&nbsp;enjoying a cup of coffee in West End back in 2018.

[smartcode_project:default project_id=114215 project_image_fid=210749]

Intrigued by a laneway adorned with beautiful plants, they decided to explore further, hoping to gather inspiration for their own backyard.

"Little did we know there was a Sales Office at the end of the walkway, and after a lengthy chat with the Sales Team we bought into Stage 1," they said.&nbsp;

What attracted them most to West Village was the grand vision behind it. At the time of their purchase, only Stage 1 was being built, while the rest of the site consisted of a dilapidated ice cream factory and a vast excavation site.

"We really had to believe in the vision, and with the backing of a Japanese developer (Sekisui House) we felt confident what we saw would one day be a reality."

The couple bought their apartment in Stage 1, specifically in the Park &amp; Lexington building, in April 2018. They eagerly moved in on the day of settlement in October of the same year, with West Village still in its early stages, with construction in progress and the iconic heritage-listed ice cream factory undergoing refurbishment.

[smartcode_project:default project_id=114215 project_image_fid=204857]

West Village's unique qualities made it an appealing place to call home. The prime location and proximity to the central business district were major attractions.

"We also loved the idea of having a heritage listed building as the centrepiece of the site, and then all the amenities, shops, etc being built around it."

Living in West Village has exceeded their expectations in numerous ways, with the convenience of having a full-line Woolworths and Harris Farm downstairs making daily errands effortless, the couple said.&nbsp;

"Living in the heart of West End is amazing – it’s such a unique community we’ve worked in and visited for many years, and it’s now our home."

"We’ve made some amazing friends since living here," they added.&nbsp;

According to the Thomas's their apartment itself holds many joys. The abundance of natural light, airy ambiance, and tasteful finishes perfectly align with their personal style, while the sunsets over Mt Cootha provide a picturesque backdrop, adding a touch of natural beauty to their everyday lives.

[smartcode_project:default project_id=114215 project_image_fid=205523]

With their purchase in Stage 1 being such a success, the couple decided to buy another apartment within West Village in the Altura building.&nbsp;

"After COVID with us both working from home we needed a bit more space, so when an opportunity to upsize within West Village became available, we jumped at the chance. It would be hard to live anywhere else now."

Altura is now completely sold out, with the twin tower Allere Collection now selling in West Village. Sitting at 85 per cent sold, all the one-bedroom apartments have already been sold, with only two, three, four and five-bedroom floorplans remaining.&nbsp;

[smartcode_project_cta:default project_id=114215]

What's driving buyers to Sekisui's West End development, West Village

Surrounded by the beauty of the Gold Coast's Little Tallebudgera Creek, Florian stands inspired by the idyllic lifestyles of the French Riviera.

The tranquil retreat, perched above the meandering bends of the creek and a stone's throw away from the sands of Broadbeach, offers residents an escape from the ordinary.

With its prime riverfront and parkside location, Florian is a sanctuary amidst the vibrant energy of the Gold Coast, perfectly situated between the expansive Cascade Gardens and the river foreshore.

Rising 17 levels, the residences at Florian offer sweeping vistas of the river, parkland, hinterland, and ocean, but the allure of Florian lies not only in its panoramic views but also in the array of amenities that envelop the development.

[smartcode_project:default project_id=7349 project_image_fid=207392]

Leisurely strolls along the riverside boardwalks and sub-tropical gardens that grace the perimeter of Florian provide a serene escape, while the nearby beach, located only a 15 minute walk away, offers an convenient opportunity for a swim.

For those seeking culinary delights, Florian's vicinity boasts a multitude of options. From rooftop bars to casual cafes and riverfront dining, there are numerous places where residents can relax by the water, indulge in alfresco dining, or savour an ice cream while taking a stroll along the boardwalk.

Located opposite Cascade Gardens, the green space also features the Queensland Korean War Memorial, Surfers Paradise Rotary Park, and the Kokoda Memorial Park, offering both a tranquil atmosphere and ample space to enjoy the outdoors.

Florian residents also have easy access to the best that Surfers Paradise has to offer. The Light Rail Station, located just 300 meters from the development, provides seamless transportation options along with various bus interchanges. With a short journey, residents can explore the nearby suburb of Broadbeach, where they can enjoy locations such as The Star Casino, Pacific Fair shopping centre, and the Convention and Exhibition Centre.

[smartcode_project:default project_id=7349 project_image_fid=207397]

The Broadbeach Bowls Club can be accessed within an 11-minute walk from Florian, while the Kurrawa Surf Club and Park are just a few streets away.&nbsp;

In the opposite direction, just across the river, lies the exclusive island community of Isle of Capri, which homes an array of restaurants, espresso bars, stylish boutiques, market-style produce stores, a post office, medical centre, pharmacy, and gym.

Three-bedroom apartments are priced from&nbsp;$1.470 million, with completion of Florian slated for early 2025.&nbsp;

[smartcode_project_cta:default project_id=7349]

Leisurely strolls along the riverside boardwalks and sub-tropical gardens that grace the perimeter of Florian provide a serene escape, while the nearby beach, located only a 15 minute walk away, offers an convenient opportunity for a swim

The best of both worlds: How Florian, Surfers Paradise takes advantage of its riverside and parkside location 

Situated in the heart of the Sunshine Coast, Lowanna Beach Resort is now entering an exciting phase as construction gets underway.

With designs by Cottee Parker and it's prime location, the development offers a unique opportunity for those seeking modern coastal living with urban convenience and a beach soul.

The one, two and three-bedroom dual-key apartments at Lowanna Beach Resort have been designed to maximise space and embrace the natural surroundings.

[smartcode_project:default project_id=101206 project_image_fid=162027]

Unlike typical stock developments, the apartments boast large living areas, expansive balconies, ample storage, and high-spec finishes.

Enviably located at 38-44 Lowanna Drive, Buddina, residents will be within&nbsp;walking distance or a short 15-minute drive to a range of amenities and attractions, including beaches, world-class medical facilities, high-end retail, dining, and entertainment options.

The apartments offer views of the ocean and hinterland, with the beach and the renowned Kawana Surf Club just 200 metres away.

For those seeking retail therapy, the resort is conveniently located a stone's throw away from the bustling Kawana Shopping World hub.

High-quality tertiary education options are also within easy reach, as are the domestic and international airports.

[smartcode_project:default project_id=101206 project_image_fid=162024]&nbsp;

Investors have taken up a proportional chunk of the stock at Lowanna, thanks to the six per cent guarantee return on investment with the apartments.&nbsp;

Residents of Lowanna Beach Resort will be treated to a resort-style pool with day beds, while there's also a club lounge and barbecue area.

With construction now underway, the opportunities to purchase an apartment at Lowanna Beach Resort are becoming increasingly limited.&nbsp;

All the one-bedroom apartments have been sold, with a collection of two and three-bedders remaining, priced from&nbsp;$795,950.&nbsp;

Brisbane-based construction company, Constructions Group are handling the build of the development, with completion slated for June 2024.&nbsp;

[smartcode_project_cta:default project_id=101206]

The one, two and three-bedroom dual-key apartments at Lowanna Beach Resort have been designed to maximise space and embrace the natural surroundings

Construction underway at Buddina's Lowanna Beach Resort

Nestled along the coveted northern shores of the Gold Coast, Runaway Bay stands as a flourishing metropolis known for its refined coastal luxury.

Offering a blend of subtropical foliage and maintained parklands, the vibrant community will soon welcome a new general to it's ranks, with full service property investment and development group Monaco Property Group developing their new luxury tower Belvue at&nbsp;15 Bayview Street.

MPG will deliver 31 full-floor apartments, with future residents primed to take full advantage of all Runaway Bay and it's surrounding suburbs has to offer.&nbsp;

[smartcode_project:default project_id=108982 project_image_fid=210141]

Whether you fancy a leisurely stroll along the picturesque Broadwater or a picnic at Pacific Park, it's all as easy as picking and choosing each day as a resident at Belvue.&nbsp;

Just a stone's throw away from Belvue lies an array of attractions waiting to be discovered. Across the water, the Southport Yacht Club, Marina Mirage, Tedder Ave, and Main Beach beckon, offering a myriad of experiences, ranging from dining options to upscale shopping opportunities.&nbsp;

For those seeking active pursuits, Runaway Bay Sports Super Centre provides a haven for sports enthusiasts, with the centre boasting state-of-the-art facilities.

Golf enthusiasts can enjoy a day on the green at The Pines Golf Course, while Quota Park offers outdoor gym facilities, with a nearby playground ensuring the little ones can join in the fun.

[smartcode_project:default project_id=108982 project_image_fid=210145]

The waterfront walking paths from Runaway Bay to Southport are also within easy reach from Belvue. Along these scenic routes you can take in the panoramic views stretching as far as Surfers Paradise, Southport Spit, Wavebreak Island, and Sovereign Island.

Convenience is another key advantage of living at Belvue. Runaway Bay Shopping Centre is just a short distance away, offering a plethora of retail options to cater to residents' everyday needs, while Paradise Point's shopping and dining scene can be reached within 10 minutes.

Marine Parade restaurants provide another nearby culinary option, as does the Southport CBD and Main Beach, which are a mere 15-minute drive away. Surfers Paradise, with its renowned attractions and vibrant nightlife, is also within easy reach, located just a quick 20-minute drive down the Gold Coast Highway.

A range of three-bedroom floorplans are still available in Belvue, with prices starting from&nbsp;$3.545 million.&nbsp;

[smartcode_project_cta:default project_id=108982]

MPG will deliver 31 full-floor apartments, with future residents primed to take full advantage of all Runaway Bay and it's surrounding suburbs has to offer

Belvue Runaway Bay: Embracing the best of coastal living

The Brisbane property market continues to rebound from its double-digit losses across 2022 and early 2023.

Only the Queensland capital and Perth recorded dwelling value gains of over one per cent (1.4 per cent) across May, according to the latest Home Value Index by property data analytics firm CoreLogic. Brisbane values are now -9.4 per cent below their June 2022 peak.

House values in Brisbane rose by 1.5 per cent to be -9.3 per cent down over the last 12 months.

Units, which incorporates both apartments and townhouses, have faired better during the property market downturn. Their 1.1 per cent value jump in May means they are now 1.4 per cent up over the last 12 months and two per cent since the start of 2023.

The median unit value in Brisbane is now $504,000.

<h2>What's happening in the Brisbane off the plan apartment market?</h2>

There's still a significant undersupply of quality stock across Brisbane. With few new projects launching, sales successes are being achieved across the small selection of apartments on offer.

In their first foray into the Brisbane market, diversified national developer Goldfields has just announced it's already sold half of the apartments in 33 Manning, their Rothelowman-designed tower in Milton.

[smartcode_project:default project_id=108736 project_image_fid=209694]

They've transacted over $14 million worth of sales in the last 10 days alone.

Goldfields CEO Lachlan Thompson says that while demand has been robust from the outset, they've noticed increased buyer sentiment in the past month, with people becoming more confident in making a decision to purchase.

"Buyers obviously need confidence in the developer; however they’re becoming increasingly informed about the instability in the construction sector," Thompson says.

"We’ve found buyers are now placing a premium on builder reputation to ensure certainty on the project outcome and a high quality finish."

[smartcode_project:default project_id=108736 project_image_fid=209941]

The majority of buyers at 33 Manning have been local owner-occupiers who already know and love the area, however Thompson says recently they are seeing the re-emergence of first home buyers seeing what is ahead for values across Queensland.

Consolidated Properties Group have had similar success at their recently launched Monarch Residences in Toowong.

They've sold over 100 apartments in sales having only launched just a few months ago.

[smartcode_project:default project_id=113455 project_image_fid=211497]

Consolidated Properties Group Head of Residential James MacGinley says there's more activity at the top end of the market in recent years, and the price range for luxury property has become broader.

"Monarch Residences project in Toowong has an average price point of $1.9 million and we’ve sold over 100 apartments in the two months since launch, including nine apartments priced at more than $4 million," MacGinley says.

There's been strong early interest for the 11 penthouses which Consolidated have just launched. They range in price from&nbsp;&nbsp;$4.15 million through to $12 million.

[smartcode_project:default project_id=113455 project_image_fid=212794]

MacGinley says the key to selling in the current market is really understanding the buyer demographic.

"At Monarch Residences, we have split our penthouse collection between the top floors and the lower level along the riverfront.

"This decision was made to appeal to two distinct groups of buyers - those wanting a traditional penthouse with horizon views, and those looking for a ‘river home’ with the benefits of apartment living.

"This market-led approach to design is something we employ across all of our residential projects which ultimately underpins sales success.”

Melbourne and Brisbane developer Kokoda property is pushing it's foot down on the Brisbane market. In May they paid a record $100 million for a <a href="/news/qld/kokoda-snare-last-remaining-riverfront-in-teneriffe-for-mixed-use-development">17,600 sqm site on the waterfront in Teneriffe</a>, the last remaining riverfront site in the affluent suburb.

They're planning a huge $1.75 billion mixed-use precinct on the Skyring Terrace block. They've also <a href="/news/qld/first-look-kokoda-file-plans-for-latest-milton-apartment-tower-ruby-ruby">recently submitted plans for a Cottee Parker-designed tower</a> in Milton, near their recently completed The Ambrose by Kokoda, where just the penthouse collection remains.

[smartcode_project:default project_id=6313 project_image_fid=208660]

Kokoda Property Founder and Managing Director Mark Stevens says buyer sentiment remains strong within the Brisbane market due to tightening supply across the country.

"Brisbane, in particular, has witnessed an influx of interstate and student migration, resulting in a significant shortage of houses on the market.

"This current climate signals a fantastic investment opportunity not only for developers launching new projects, but also in support of the great yields that properties are achieving for both investors and owner occupiers between 2019–2023."

Longtime Brisbane developer Gardner Vaughan Group are steadily selling down their current Brisbane projects, but at a controlled pace given the fluctuations in build costs throughout the construction phase.

Sam Gardner , Gardner Vaughan Group's Director of Finance and Sales, says there's a lot of fence sitters at the moment, in particular in the owner-occupier market.

"It’s not necessarily a case of a problem with the product, or the price, it’s a mixture of market pressures.

"Really, the biggest concern from buyers at the moment is; is the building going to get built, will it start, will it finish.

"Being a developer builder certainly helps, and this is why we really focus on our sod turning ceremonies, one of which is coming up at our Stones Corner project.

"Other feedback is of course the interest rate rises which has hampered how much people can borrow. People have too many reasons to not make a decision at the moment, but that will change as demand further outstrips supply.”

Read last month's City Beat May 2023 report <a href="/news/qld/city-beat-may-2023-brisbane-unit-markets-continue-growth-trajectory-as-supply-tightens">here</a>.

There's still a significant undersupply of quality stock across Brisbane. With few new projects launching, sales successes are being achieved across the small selection of apartments on offer

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