<a href="https://www.apartments.com.au/developers/s-p-setia">SP Setia</a> has lodged plans for a $750 million, three-tower mixed-use precinct that would complete the long-running redevelopment of Carlton's former Carlton United Breweries site.

The proposal at <a href="https://www.apartments.com.au/new-apartments/185-195-queensberry-street-carlton-vic-3053">46-78 Bouverie Street and 185-195 Queensberry Street</a> spans a 6,468 sqm site, the last remaining undeveloped parcels within the former brewery's 2007 masterplan.

Designed by <a href="https://www.apartments.com.au/architects/cox-architecture">COX Architecture</a>, the development will comprise two purpose-built student accommodation towers and a third build-to-sell apartment tower above a shared commercial podium and basement.

Across the three towers, SP Setia is proposing 606 build-to-sell apartments and 1,499 student accommodation units containing 2,009 beds.

The apartments will sit in the tallest tower, which will rise nearly 200m and 55 storeys. It will become&nbsp;one of the more substantial new build-to-sell apartment projects at the northern edge of Melbourne's CBD.

The apartment mix is weighted toward smaller inner-city product, with 188 studios, 206 one-bedroom apartments, 192 two-bedroom apartments and 20 three-bedroom apartments

<img alt="First look: SP Setia plans three-tower finale for Carlton’s former CUB precinct" data-entity-type="file" data-entity-uuid="8271bc87-1b0a-41b7-ac73-a425ee375261" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/3_2.png?VersionId=G4lw23o90B1boX4k4dj7rdz2ZEajS9wy" />

Part of the precinct will be a large-scale&nbsp;3,684 sqm supermarket and a further 2,198 sqm of speciality retail, creating close to 5,900 sqm of new commercial space within the precinct.

But one of the biggest components of the proposal is what sits between the buildings.

Around 4,650 sqm, or roughly 72 per cent of the site, will be publicly accessible open space, incorporating plazas, pedestrian connections, landscaped laneways and retail spill-out areas.

The ground plane is intended to finally complete pedestrian connections envisaged when the CUB masterplan was first approved nearly two decades ago, stitching together Victoria Street, Queensberry Street, Bouverie Street and Swanston Street through the former brewery precinct.

Urbis said the development would "complete the CUB precinct", with the public realm providing important north-south and east-west connections through what is currently the final undeveloped portion of the masterplanned site.

SP Setia is also exploring a new linear park within the Bouverie Street road reserve, with the concept to be developed further with the City of Melbourne through the planning process.

The proposal is being pursued through the Victorian Government's Development Facilitation Program under Clause 53.23 for significant residential development with affordable housing.

The planning report acknowledges the proposed heights exceed those contemplated under the original Comprehensive Development Plan and masterplan, but argues the built-form context has changed considerably over the past two decades.

Urbis said the three towers would instead create a stepped transition between Carlton and the Hoddle Grid, rising progressively from the 94.1-metre Tower One along the Queensberry Street edge to the 199.44-metre Tower Three closer to the established CBD-scale buildings to the south.

<img alt="SP Setia" data-entity-type="file" data-entity-uuid="e885a07a-592c-40fc-bf82-e6dbaf32da54" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-21%20at%208.52.24%E2%80%AFAM.png?VersionId=7s_ErUkSKAdY1mAWp3GRZgMNCGtwhk5m" />

SP Setia plans to deliver the development across three stages.

Stage One would deliver the basement, podium and retail areas for the entire precinct alongside the first student tower. Tower Two would follow in Stage Two, before the 606-apartment Tower Three is delivered as the final stage.

If approved and delivered, the project would close out a redevelopment process that has been underway since the former brewery masterplan was approved in 2007, adding more than 2,600 student beds and apartments to a precinct already home to Swanston Central, the Barak Building, RMIT Design Hub and several large student accommodation developments.

&nbsp;

&nbsp;

Joel Robinson

SP Setia plans three-tower finale for Carlton’s former CUB precinct

Melbourne developer Lowe Living is seeking to add to its growing bayside apartment pipeline, filing plans for a boutique eight-residence development in tightly held Middle Park.

Lowe Living, which has built much of its development portfolio across Melbourne's affluent bayside and south-east suburbs, is behind the plans for the 730 sqm site at <a href="https://www.apartments.com.au/new-apartments/123-125-erskine-street-middle-park-vic-3206">123-125 Erskine Street</a>, just off Armstrong Street and within the Armstrong Street Neighbourhood Activity Centre.

The developer is seeking approval for a five-storey residential building above two basement levels, with just eight large-format apartments and 18 car spaces.

“This is a deliberately very different proposition for us,"&nbsp;Tim Lowe, Co-Founder of Lowe Living, said.

"Eight residences is exceptionally boutique, but that's precisely what this site calls for.

“There is a strong community in Middle Park and the surrounding suburbs who have spent decades building a life here. They no longer want the maintenance of a large period home, but they aren't prepared to compromise on space, quality or location. We think there is a real opportunity to capture that hyper local market. A site like this rarely comes to market.”

<img alt="Lowe " data-entity-type="file" data-entity-uuid="875fe572-0f14-4d90-9e11-55b28dd07731" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-21%20at%208.42.49%E2%80%AFAM.png?VersionId=GDNQRv9BfpR9r1zkZ5UDyUM4ZvpIksut" />

The low-density proposal has been designed by Cera Stribley and is being progressed through the Victorian Government's Great Design Fast Track pathway, having already secured eligibility from the Minister for Planning.

The Office of the Victorian Government Architect supported its eligibility after finding the proposal demonstrated consistency with the program's seven design principles, while the project's financial feasibility has also been independently confirmed by Invest Victoria.

The project is targeting the downsizer market, with the planning documents describing the homes as larger-format residences and noting the two penthouses could otherwise have been configured as four separate apartments.

<img alt="Lowe 2" data-entity-type="file" data-entity-uuid="60ab0987-2da6-4175-adac-315dcf6053c6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-21%20at%208.43.15%E2%80%AFAM.png?VersionId=bOCPH0B2MFwlmaRW.TTCF9TzyifgVoQI" />

The site has dual frontage to Erskine Street and Canterbury Place and currently comprises a collection of commercial buildings used as offices, including a former heritage bakehouse, a former stable, a later gabled addition and a central courtyard.

It sits within the Commercial 1 Zone and the Armstrong Street Commercial Precinct heritage overlay, with the existing property classified as a contributory heritage place.

Heritage has subsequently played a significant role in Cera Stribley's design.

The front section of the former bakehouse facing Erskine Street will be retained, including its return walls, street-facing hipped roof and chimneys, while the Erskine Street façade and part of the western return wall of the former stable will also be incorporated into the new development.

Levels four and five will be set back five metres from the retained stable façade, while bricks removed through demolition are proposed to be salvaged and reused within the new building where possible.

<img alt="Lowe 3" data-entity-type="file" data-entity-uuid="e97927a9-a2de-4a0f-83b6-65451238abfa" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-21%20at%208.43.06%E2%80%AFAM.png?VersionId=VR44AChLrX9q1XPB9GvVQV.ALXXbe4gC" />

Rather than presenting as a single five-storey building to Erskine Street, Cera Stribley has broken the development into a series of distinct forms.

A three-storey infill element will sit between the retained bakehouse and stable façades, with the upper levels recessed behind the heritage fabric. Canterbury Place will similarly feature two three-storey podium forms, separated by a central pedestrian accessway, before the upper two levels step back from the street.

A pedestrian through-link will run through the centre of the project between Erskine Street and Canterbury Place, creating entrances from both sides of the site and introducing landscaping and communal areas through the ground plane.

Landscape architect Acre has designed planting across the ground level, private terraces and upper levels, including a feature canopy tree at level three and integrated planting and arbours across the level four terraces. Five existing Erskine Street trees are proposed to be retained.

Sustainability is also a significant component of the Great Design Fast Track application. The apartments are targeting an average eight-star NatHERS rating, with no residence below 6.5 stars, while the project has achieved a 75 per cent BESS score. Seven of the eight apartments are designed for cross-ventilation, with the remaining residence using mechanically assisted natural ventilation.

The plans also incorporate an 8kWp rooftop solar system, a 5,000-litre rainwater tank and infrastructure allowing future electric vehicle charging for every residence.

Lowe has a strong portfolio across Melbourne's blue-chip suburbs. They recently launched <a href="https://www.apartments.com.au/new-apartments/jardin-house-by-lowe-living-camberwell-335-camberwell-road-camberwell-vic-3124">Jardin House by Lowe Living</a> in Camberwell, their first development in the Stonnington LGA.

Lowe Living unveils Middle Park apartment development

Article summary

<ul data-end="888" data-start="289">
	<li data-end="442" data-section-id="8tsh6o" data-start="289">DVB Projects is preparing to launch its second Gold Coast apartment development, with demolition now underway at 137 Old Burleigh Road, Broadbeach.</li>
	<li data-end="573" data-section-id="1nyxl3e" data-start="443">The 34-level tower will comprise just 49 ultra-luxury residences, including half-floor, full-floor and penthouse apartments.</li>
	<li data-end="717" data-section-id="oiyimj" data-start="574">The launch follows strong demand at DVB's nearby Sea Glass project, which is more than 50 per cent sold and currently under construction.</li>
	<li data-end="888" data-section-id="epk9o9" data-start="718">The development adds to the transformation of Old Burleigh Road, with premium beachfront apartment projects continuing to reshape the tightly held Broadbeach strip.</li>
</ul>

<a href="https://www.apartments.com.au/developers/dvb-projects">DVB Projects</a> is preparing to launch its second Gold Coast apartment development, with demolition now underway on the Broadbeach site as the Sydney developer moves closer to bringing the ultra-luxury project to market.

The 34-level tower at <a href="https://www.apartments.com.au/new-apartments/137-old-burleigh-road-broadbeach-qld-4218">137 Old Burleigh Road</a> will comprise just 49 residences, ranging from half-floor apartments through to full-floor homes and a penthouse. The launch follows the strong sales performance of DVB's nearby Sea Glass development. More than half of the apartments at Sea Glass, on the other side of Broadbeach, have been snapped up, well ahead of its late 2027 completion

<img alt="DVB Projects to commence demolition on $320m Broadbeach luxury tower" data-entity-type="file" data-entity-uuid="2944b4be-c84e-4b54-8dc1-c712e76704c0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/E02_Exterior_Street%20Level%20Entrance.jpg?VersionId=YoNig7pRdrE3HCue7sUj78LzJteeQf3H" />

The start of demolition at 137 Old Burleigh Road signals DVB Projects’ underlying confidence in the Gold Coast’s luxury beachside apartment sector.

“We see the Gold Coast as one of the most compelling lifestyle markets in Australia, particularly at the premium end where demand continues to deepen,” said Dean Brown, Managing Director of DVB.&nbsp;

“This project has been carefully designed to respond to that demand - delivering large-format residences with a level of quality, privacy and amenity that is still relatively rare in the apartment market on the beachside."

Brown says the site itself is "exceptional."

"Old Burleigh Road is one of the most tightly held beachfront strips, and opportunities to deliver a project of this scale and calibre in this location are extremely limited.”

<img alt="DVB Projects to commence demolition on $320m Broadbeach luxury tower" data-entity-type="file" data-entity-uuid="398f377a-c037-455e-9250-0c5e0d84c35b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/I12_FF%20Balcony.jpg?VersionId=NwOiRWGMubR1c8wthuEfggklcja7al9." />

The project will comprise 40 half-floor residences of approximately 260 sqm, alongside eight full-floor residences spanning around 524 sqm.

A single penthouse will crown the building, featuring a private pool, barbecue area, indoor gym and dedicated entertaining spaces.

Residents will have access to a resort-style suite of amenities, including a 20-metre pool with daybeds, a gymnasium, hot and cold plunge pools, a sauna, and private residents’ lounge and dining facilities.

<img alt="DVB Projects to commence demolition on $320m Broadbeach luxury tower" data-entity-type="file" data-entity-uuid="d1642bb0-9a66-4427-a022-dfc0988c6287" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/A02_Pool%20to%20View.jpg?VersionId=c0IXPyn_Gp_Kn3XCwzMrqIVkAdCEwVXP" />

Sales agent Todd Matheson, of <a href="https://www.apartments.com.au/project-marketer/pezet-matheson">Pezet Matheson</a>, which is marketing both 137 Old Burleigh Road and Sea Glass, said 137 Old Burleigh Road would address a clear gap in the market for genuine luxury products.

“There are very few opportunities on the Gold Coast where buyers can secure a residence of this size and quality in a new building,” Matheson said.

“What we’re seeing is a growing cohort of downsizers and interstate buyers who still want space - they’re not willing to compromise on living area, entertaining or finishes.

“This project has been designed with that buyer in mind. It offers the scale of a home, combined with the convenience and security of apartment living, in one of the coast’s most desirable positions.”

<img alt="DVB Projects to commence demolition on $320m Broadbeach luxury tower" data-entity-type="file" data-entity-uuid="59aae0ca-5639-4320-8aca-d0bf60f48e43" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/E01_Exterior%20Hero.jpg?VersionId=DS8Zfy2WtgUEtdfe0TEUuf1W1GfcZq8S" />

Located on a 1,156 sqm site one block from the beachfront, the development will replace an ageing walk-up building and is expected to contribute to the ongoing transformation of the Old Burleigh Road strip into one of the Gold Coast’s most prestigious residential corridors.

With the development moving into the delivery phase, 137 Old Burleigh Road is slated to hit the market later this year.

[smartcode_project_cta:default project_id=145141]

DVB Projects to launch second Broadbeach apartment tower as demolition commences

<a data-end="327" data-is-only-node="" data-start="250" href="https://www.apartments.com.au/developers/norus-projects" rel="noopener" target="_new">Norus Developments</a> has lodged plans for a new apartment development in Clayton that would add further momentum to the suburb's emerging Green Street corridor.

Plans have been lodged for the consolidated site at <a href="https://www.apartments.com.au/new-apartments/1359-1365-centre-road-clayton-vic-3168">1359-1365 Centre Road</a>, where Norus is seeking approval for 218 apartments across a 12-storey apartment building designed by <a href="https://www.apartments.com.au/architects/life-architecture-and-urban-design">Life Architecture</a>.

The proposal sits within the Clayton Major Activity Centre at the threshold of the planned Green Street corridor, a landscaped pedestrian connection intended to improve links through the precinct towards Clayton Railway Station.

The development would replace the site's existing collection of low-scale residential and commercial buildings with a single consolidated building, introducing significantly greater housing density to this part of Centre Road.

A retail tenancy is proposed at ground level to activate the Centre Road frontage, accompanied by transparent street interfaces and landscaping intended to create a more pedestrian-focused edge to the development.

<img alt="First look: Norus Developments plans landscape-led apartment project for Clayton’s emerging Green Street" data-entity-type="file" data-entity-uuid="0a5a763a-d9e9-4253-af2f-88008de27ebf" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Clayton%20a.png?VersionId=S2WJJbat1XVkZwB9SnYtygirXgWHiklX" />

The building has been designed with stepped massing and upper-level setbacks to manage its transition towards surrounding residential properties. The planning report describes the approach as one that integrates the building into the landscape rather than treating landscaping as a secondary element.

"A strong landscape and public realm strategy underpins the proposal," Urbis states in the planning report.

"Public benefits include an affordable housing contribution, a new pocket park, generous landscaped setbacks, deep soil planting and integrated Water Sensitive Urban Design."

The report adds that these elements are intended to create "a permeable, pedestrian-focused ground plane that enhances walkability, supports urban cooling and reinforces the emerging Green Street character."

Biophilic and passive design principles extend through the residential levels, with planting, daylight, natural ventilation and views towards landscaped areas forming part of the amenity strategy.

Parking would be concentrated away from the public realm, with 145 car spaces proposed from the rear laneway rather than dominating the Centre Road frontage.

The proposal follows an extensive pre-application process with the City of Monash. Three formal meetings were held between the project team and Council from December 2025 to March 2026, with the scheme evolving through several concept iterations before the current design was lodged.

The project arrives as Clayton prepares for substantial change around its established activity centre and the wider Suburban Rail Loop precinct. Its position on Centre Road places the development within an existing concentration of shops, services and public transport, while the Green Street connection is intended to strengthen pedestrian access towards Clayton Railway Station.

First look: Norus plans landscape-led apartment project for Clayton’s emerging Green Street

<a href="https://www.apartments.com.au/developers/gardner-vaughan-group">Gardner Vaughan Group</a> has officially commenced construction on Bronze on Chevron, celebrating the sod turning of its first-ever Gold Coast development and marking a significant milestone in the company's continued expansion across South East Queensland.&nbsp;

Following the successful delivery of premium residential developments throughout Brisbane and the Sunshine Coast, <a href="https://www.apartments.com.au/new-apartments/bronze-on-chevron-8-mawarra-street-chevron-island-qld-4217">Bronze on Chevron</a> represents Gardner Vaughan Group's entry into the Gold Coast market. Bronze will deliver 119 one, two, three and four-bedroom apartments above two ground-level retail tenancies.

[smartcode_project:default project_id=107520 project_image_fid=367193]

The recent sod turning ceremony was attended by Deputy Mayor Mark Hammel, President of the Surfers Paradise Surf Life Saving Club, Cassandra Sedgman, project consultants, purchasers, project partners and invited guests to celebrate the commencement of construction.&nbsp;

Gardner Vaughan Group Chief Executive Officer Simon Betteridge said Bronze on Chevron represented an exciting new chapter for the business.&nbsp;

"We've spent almost four decades building homes that respond to the way people want to live, and we're excited to bring that experience to <a href="https://www.apartments.com.au/developments/chevron-island-qld-4217">Chevron Island</a>," Betteridge said.

"Bronze on Chevron is particularly significant because it marks Gardner Vaughan Group's first development on the Gold Coast following many successful projects across Brisbane and the Sunshine Coast."

[smartcode_project:default project_id=107520 project_image_fid=367183]

Betteridge said the ground breaking is a proud moment for the&nbsp;team and their purchasers, who can now see their future homes beginning to take shape.&nbsp;

"As both developer and builder, we're able to oversee every aspect of the project from design through to construction, ensuring the quality and attention to detail Gardner Vaughan Group has become renowned for."&nbsp;

Designed by acclaimed architectural practice <a href="https://www.apartments.com.au/architects/cottee-parker-architects">Cottee Parker</a>, Bronze on Chevron has been thoughtfully designed to complement Chevron Island's evolving streetscape while embracing its relaxed coastal lifestyle.

The development will offer generous residences with refined interiors, premium finishes and resort-style amenities, with completion anticipated in early 2029.&nbsp;

[smartcode_project_cta:default project_id=107520]

The development will offer generous residences with refined interiors, premium finishes and resort-style amenities, with completion anticipated in early 2029

Gardner Vaughan Group breaks ground on first Gold Coast development, Bronze on Chevron

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

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

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

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

Every First Home Owner Grant for new property by state

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

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

Staff Writer

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

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

alisonwarters@gmail.com

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

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

Ellen Walker

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

Veteran developer Barry Morris has reacted to Brisbane's award of the 2032 Summer Olympic Games by once again pivoting plans for his prime <a href="/developments/brisbane-qld">Brisbane CBD site</a>.

Having previously planned an apartment tower, and then pivoting to a $250 million commercial tower, Morris Property Group is now seeking to develop a <a href="/new-apartments/19-eagle-terrace-brisbane">33-level residential tower&nbsp;at 19 Eagle Terrace</a>.

The tower will have&nbsp;179 units, a podium amenity level, and food and beverage tenancies.

The Town Planning Report by Urbis said the&nbsp;proposed development has been designed to directly respond to major changes occurring in Brisbane, including providing additional accommodation in line with the 2032 Olympics and to directly address Brisbane’s housing crisis.

<a data-entity-type="file" data-entity-uuid="c005599d-ad6c-4750-9d04-76c874b41f46" href="/new-apartments/19-eagle-terrace-brisbane"><img alt="Morris Eagle" data-entity-type="file" data-entity-uuid="c005599d-ad6c-4750-9d04-76c874b41f46" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-07-13%20at%2011.06.20%20am.png?VersionId=piMPoQ3uPW5MAD1qcmb6TEax0F_1T135" /></a>

"The proposed development is to deliver housing choice and diversity through the provision of units of various types and sizes, which will meet a diverse range of needs," the Report read.

"It will complement the surrounding land uses, providing additional high-density residential options in proximity to a major transport node being Roma Street Railway and Busway Stations and a major employment node, being <a href="/developments/brisbane-qld">the Brisbane CBD</a>."

They said the&nbsp;proposed development provides a unique opportunity to shape the evolution of a much underutilised <a href="/developments/brisbane-qld">part of the city centre</a> and provide much-needed housing for the community.

"The proposed development comprises an iconic development at a prominent entry point to the Brisbane CBD. The residential offering of the development responds to the current communities needs and is aligned with recent policy initiatives of BCC and the State Government to increase housing within Brisbane.

"The proposed development includes a variety of unit configurations, providing for enhanced housing accommodation choices for Brisbane residents."

<a data-entity-type="file" data-entity-uuid="a742015d-20a2-4757-a892-0b87bc53fc35" href="/new-apartments/19-eagle-terrace-brisbane"><img alt="Morris Brisbane" data-entity-type="file" data-entity-uuid="a742015d-20a2-4757-a892-0b87bc53fc35" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-07-13%20at%2011.06.14%20am.png?VersionId=oQwIvcPcbf1hxsuTUY2zpcXr_LSxDYg0" /></a>

The bulk of apartments, nearly 75 per cent, will have two bedrooms (131). There will be 17 one-bedroom units and 31 three-bedders.

The four-level podium will be topped with resident amenity in the form of a swimming pool, outdoor deck, resident lounge, and barbecue and dining areas.

The project will be serviced by 218 parking spaces across the basement and podium levels, some shared with the adjoining church, 224 bike spaces, and 2,565 sqm of communal open space.

MPG have had their go-to Canberra-based architecture firm,&nbsp;Guida Moseley Brown (GMB) Architects, draw up the plans for what Urbis suggest is a design geared towards the subtropical climate.

<a data-entity-type="file" data-entity-uuid="3cfa2fae-56e7-4e72-964d-b7bf91738138" href="/new-apartments/19-eagle-terrace-brisbane"><img alt="Morris Brisbane" data-entity-type="file" data-entity-uuid="3cfa2fae-56e7-4e72-964d-b7bf91738138" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-07-13%20at%2011.43.23%20am.png?VersionId=sYzd_PaeQBs1OihOMVn_5IMqjxBVaGpP" /></a>

"The proposed development has been design led using a first principles design approach to ensure that the development responds to and takes advantage of the unique dominant corner characteristics of the site, responds to orientation and climate, provides a subtropical design response and provides a building that is unique in its setting, delivering high quality design for the benefit of both future residents as well as the broader area."

While buildings in the Quay Street South Sub-Precinct are capped at 20 storeys on sites of 1,200 sqm and over, Urbis state that the 1,577 sqm site is considered to be able to "accommodate a building of greater heights while still being proportionate to the area of the site."

<a data-entity-type="file" data-entity-uuid="33c286a3-723c-4218-8e91-b0c3665a9e3d" href="/new-apartments/19-eagle-terrace-brisbane"><img alt="Morris Brisbane" data-entity-type="file" data-entity-uuid="33c286a3-723c-4218-8e91-b0c3665a9e3d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-07-13%20at%2011.12.23%20am.png?VersionId=V09G40ZUHEnlnEIhRvAR7nLTHZfLV9lD" /></a>

While buildings in the Quay Street South Sub-Precinct are capped at 20 storeys on sites of 1,200 sqm and over, Urbis state that the 1,577 sqm site is considered to be able to "accommodate a building of greater heights while still being proportionate to the area of the site."

They say that the extensive frontages, 43 metres to North Quay/Coronation Drive and 30 metres to Eagle Terrace, will mean the project won't&nbsp;appear as overdevelopment of the site."

There's also precedent given next door is the 31-level build-to-rent tower by Cedar Pacific at 50 Quay Street.

In December 2019 Morris secured approval for a 24-level commercial tower. The site, bought for $12.35 million in 2015, is currently vacant.

Morris have an extensive portfolio of projects on the Gold Coast. They've recently launched Armrick Avenue in Broadbeach, while finishing the build of their Surfers Paradise project Essentia.

Having previously planned an apartment tower, and then pivoting to a $250 million commercial tower, Morris Property Group is now seeking to develop a 33-level residential tower at 19 Eagle Terrace.

First look exclusive: 2032 Brisbane Olympics has Morris Property Group swap Eagle Terrace office tower for apartments

Cavcorp's Le Bain building in <a href="/developments/newstead-qld-4006">Newstead</a> offers one of the most impressive rooftop pools across the capital.

Crowning the 17th floor of the building is a resort-style pool, something that has become somewhat of a signature in Cavcorp's developments. The roof has panoramic views of the Brisbane skyline, the iconic Story Bridge, and the meandering Brisbane River.

The space features a heated infinity pool that adds a touch of opulence to leisurely swims, while Martin Audio outdoor speakers provide a premium audio experience. Imported directly from Spain, Gandia Blasco sunbeds add a touch of sophistication to the pool area.

Bookending the swimming pool are two&nbsp;temperature-controlled, magnesium wellness spas, reminiscent of Les Bains Paris.

Also on the roof is a traditional Finnish timber sauna, a state of the art technogym, with over $210,000 worth of Olympic-grade equipment.&nbsp;

<img alt="Le Bain" data-entity-type="file" data-entity-uuid="e04f9f03-10a8-493e-86e7-6acbaf699c3f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-07-12%20at%204.23.31%20pm.png?VersionId=ZaVsulSJ76ZPvkTkEcAcNldUWjzA9pUE" />

There's a private dining room with fully equipped chief's kitchen, bookable for residents, as well as an alfresco&nbsp;kitchen with two charcoal grills and café seating, and a multipurpose lawn for sprints, lunges, bocce, and yoga.

The apartments at Le Bain offer a harmonious blend of elegant design and luxurious amenities, creating the epitome of a sophisticated lifestyle. With a focus on both aesthetic appeal and practicality, the residences provide residents with an exceptional living experience on the <a href="/developments/brisbane-qld">outskirts of the CBD</a>.&nbsp;

Le Bain's exterior facade, with its sculpted and fluid design, adds a sense of movement and intrigue. As one approaches from either the bustling James Street fashion mecca or the <a href="/developments/brisbane-qld">tranquil Brisbane</a> Riverwalk, the swirling facade creates a captivating visual experience.

With 2.7 metre high ceilings and light-filled open plan living spaces, the apartments at Le Bain exude a sense of airiness and spaciousness. The carefully curated interiors make clever use of natural light, creating a warm and inviting atmosphere throughout the living areas.

The spacious kitchens feature stone benchtops, European stainless steel appliances, designer tapware, and full-height pantries.

Le Bain was completed in 2021.

Crowning the 17th floor of the building is a resort-style pool, something that has become somewhat of a signature in Cavcorp's developments

Cavcorp's Le Bain, Newstead offers one of the best rooftop amenity spaces in Brisbane

The Abedian development family is looking to amalgamate a number of apartments at their approved&nbsp;<a href="/developments/mermaid-beach-qld-4218">Mermaid Beach</a> apartment tower, Peerless.

They've submitted a&nbsp;minor change application to the Peerless Avenue development to drop the number of apartments from 109 to 98.

The documents said it was due to "changes in the economics, market and viability of the project," as well as wanting to "diversify the product being brought to market."

They're wanting to consolidated&nbsp;36 units into 27 units over levels 17-25, a reduction of nine units, and consolidating four units to two units on levels 34-35, a decrease of two units.

The consolidations on levels 34 and 35 will create two four-bedroom sub-penthouses, located underneath the whole-floor penthouse.

The amalgamated site at 35-41 Peerless Avenue is located&nbsp;less than 400 metres from Sunland's nearby luxury tower 272 Hedges which is nearing completion, and is next door to the recently completed Bela by Mosaic Property.

Spatium Architects drew up the plans for the 124 metre high tower which initially had 64 three-bedroom apartments and 44 two-bed units.

<a href="/new-apartments/peerless-39-peerless-avenue-mermaid-beach"><img alt="Exclusive: Sunland's Abedian family back with Mermaid Beach apartment tower" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-06-22_at_3.40.01_am.png" /></a>

The only four-bedroom apartment proposed was the rooftop penthouse, which will span over 400 sqm of living space and a further 280 sqm of outdoor area which will feature its own lawn.

Spatium Architects said in their design statement submitted to the <a href="/developments/gold-coast-qld">Gold Coast City Council</a> that the amalgamation of four&nbsp;properties in Peerless Avenue presents an opportunity for a significant tall residential building, defining the southern boundary of the high density residential zone in Broadbeach.

"The site has high visual exposure from the Gold Coast Highway and Hedges Avenue, and from a distance will become the landmark building along the southern high rise fringe," the statement noted.

<a href="/new-apartments/peerless-39-peerless-avenue-mermaid-beach"><img alt="Exclusive: Sunland's Abedian family back with Mermaid Beach apartment tower" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-06-22_at_3.39.49_am.png" /></a>

"The vision for this development is simple in the desire to create a carefully crafted residential project which not only provides a beautiful living environment for the residents, but also pays respect to the community in the way it integrates with its street context and the <a href="/developments/gold-coast-qld">city skyline</a>."

They said that all apartments are generously sized to provide genuinely liveable spaces and that the unit mix, rather than being focused solely on high income earners, provides well designed homes for a large cross section of the community in the form of two, three and four-bedroom apartments.

All apartments include study areas to accommodate the continuing work from home&nbsp;trend.

<a href="/new-apartments/peerless-39-peerless-avenue-mermaid-beach"><img alt="Exclusive: Sunland's Abedian family back with Mermaid Beach apartment tower" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-06-22_at_3.39.44_am.png" /></a>

The landscaped recreational facilities deck is located on the elevated podium. That will feature a 25 metre lap pool with lagoon and an inpool spa and surrounded by poolside garden pods. There's a garden barbecue terrace with lounge seating areas, a gym with both a yoga room and a yoga lawn, two saunas and a stream room.

There's further work from home space in the form of a lounge with library and meeting room. Set privately away from the pool is a private bar and dining room with a green roof, which can be booked out by residents.

<a href="/new-apartments/peerless-39-peerless-avenue-mermaid-beach"><img alt="Exclusive: Sunland's Abedian family back with Mermaid Beach apartment tower" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-06-22_at_3.51.13_am.png" /></a>

It was announced in 2020 that the Sunland Group would start winding down its operations, with a view to being out of the property game in three to five years.

They sold their redevelopment opportunity in <a href="/developments/coolangatta-qld-4225">Coolangatta</a>, the Greenmount Resort, as well as its retail development precinct The Lanes in <a href="/developments/mermaid-waters-qld-4218">Mermaid Waters</a>&nbsp;and a prime site on Hedges Avenue.

They've submitted a minor change application to the Peerless Avenue development to drop the number of apartments from 109 to 98

Abedian family creating amalgamated apartments at Mermaid Beach tower, Peerless

A collection of townhouses set to "deliver housing choice and contribute to housing affordability in a time of well documented supply and affordability issues" has been submitted in <a href="/developments/mcdowall-qld-4053">McDowall, north of Brisbane</a>.

There's been an application for 20 townhouses at 996 Hamilton Road, lodged by a company tied to&nbsp;Chris Hall, the managing director at local property development service company Hall Property Solutions.

The 5,368 sqm block, with a 50 metre frontage to Hamilton Road, is currently occupied by a 1946 home, which is proposed to be demolished.

The development will sit next door to the under construction townhouse development Banskia McDowall, currently being developed by Allister Lewison's Equire.

<img alt="Equire" data-entity-type="file" data-entity-uuid="eb43d9e9-a3d3-4175-9adb-fb06d40a949c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-07-12%20at%209.00.40%20am.png?VersionId=rHTRQ.DpxOHiU4OpHwBiHDjeX_wkDd2L" />The Banksia McDowall project by Equire. Image credit: Equire

There was a&nbsp;formal pre-lodgement meeting with Council in February. The key items addressed at the meeting included density, building height, road widening, refuse, stormwater, and biodiversity.&nbsp;

Council provided in principle support for the proposal at the meeting.

The Town Planning Report by Urban Strategies said townhouses are the predominant form of development on the southern side of Hamilton Road. The northern side of the road is predominantly&nbsp;dwelling houses in the Low Density Residential Zone. Hamilton Road is identified as an Arterial Road under the <a href="/developments/brisbane-qld">Brisbane City</a> Plan 2014.

"The development represents sensibly scaled infill development on a well-located development site in the Urban Footprint.," the Report said.

Andrew Spilar Design have put together the plans for the two and three-level townhomes, which will have either three or four bedrooms. They will take up 45 per cent of the site, with deep planting taking up over 10 per cent.

49 resident parking spaces will accompany the townhouse, in either garages or in tandem driveways.

<img alt="McDowall" data-entity-type="file" data-entity-uuid="165e2c34-0a2a-4fcb-9770-8183a530039b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-07-12%20at%208.44.10%20am.png?VersionId=eOHOBbxhUSCQUBtxRczLqFRObeYSvkgD" />

Part of the development is a newly created road which will connect to Ponti Street to complete the structure plan for the development.

The site is in walking distance to public transport on Becketts Rd)and local services including <a href="/developments/mcdowall-qld-4053">McDowall Village Centre</a> and McDowall Reserve.

"The residential density (approx. 37 dwellings per hectare) and mixed 2-3 storey outcome is consistent with the emerging low-medium density character and building height south of Hamilton Road, the Report noted.

"The proposal provides for a high-quality architectural outcome and the dwelling will sit within a landscaped setting."

The development will sit next door to the under construction townhouse development Banskia McDowall, currently being developed by Allister Lewison's Equire

First look: Townhouses slated for Brisbane's McDowall

Gold Coast units have continued to show their strength through 2023,&nbsp;according to property data analytics firm CoreLogic's Monthly Hedonic Home Value Index.

Unit values rose 1.5 per cent last month, the highest monthly gain across every capital in the country. The 3.9 per cent rolling quarterly gains are also the strongest in the country, ahead of <a href="/new-apartments/sydney-nsw">Sydney</a> (3.5 per cent).

The median unit value is now $672,900, according to CoreLogic, now just -2.8 per cent lower than this time 12 months ago following the national year-long downturn.

CoreLogic's Research Director Tim Lawless says a lack of available supply continues to be the main factor keeping upwards pressure on housing values.

“Through June, the flow of new capital city listings was nearly -10 per cent below the previous five-year average and total inventory levels are more than a quarter below average.

Read more:&nbsp;<a href="/news/qld/city-beat-june-2023-gold-coast-apartments-defy-downturn-rebound-sharply">City Beat June 2023: Gold Coast apartments defy downturn, rebound sharply</a>

"Simultaneously, our June quarter estimate of capital city sales has increased to be 2.1% above the previous five-year average.”

Although housing values continue to record a broad-based upswing, the pace of growth across most capitals eased in June.

“A slowdown in the pace of capital gains could be a reflection of a change in sentiment as interest rate expectations revise higher,”&nbsp;Lawless added.

“Higher interest rates and lower sentiment will likely weigh on the number of active home buyers, helping to rebalance the disconnect between demand and supply.”

<h2>What's happening in the off the plan apartment market?</h2>

Supply continues to be a contributing factor to the success of off the plan apartment projects on the <a href="/developments/gold-coast-qld">Gold Coast</a> in June.

Urban Activation Director of Sales and Marketing Matt George says June showed&nbsp;a strong continuation of demand in the <a href="/developments/gold-coast-qld">Gold Coast property market</a>.

"Demand from lifestyle property purchasers from Brisbane, Melbourne and Sydney has continued well into 2023," George says, adding that investors with a longterm view of using apartments for personal use later in life have made up a strong portion of enquiry.

Urban Activation is marketing Melbourne developer Hirsch &amp; Faigen's <a href="/developments/mermaid-beach-qld-4218">YVES at Mermaid Beach</a>, which is now 90 per cent sold. The crane is on site, and completion is slated for the end of 2024.

[smartcode_project:default project_id=102451 project_image_fid=186080]

They're also selling <a href="/new-apartments/vista-surfers-paradise-26-vista-street-surfers-paradise">26 Vista</a>, the sustainable <a href="/developments/surfers-paradise-qld-4217">Surfers Paradise</a> tower, for MRCB International. George says they're seen&nbsp;consistent demand&nbsp;from China, Hong Kong and Taiwan due to the project's central location, quality, and scale.

They did $55 million in sales at the project within the first three months of its marketing.

Apartments start from $605,000 in the 51-level tower, which will home the <a href="/news/qld/26-vista-to-home-the-gold-coasts-highest-resident-sky-pool">Gold Coast's highest residential swimming pool</a>.

[smartcode_project:default project_id=112730 project_image_fid=211251]

The amenity, on level 51 of the <a href="/new-apartments/vista-surfers-paradise-26-vista-street-surfers-paradise">Vista Street building</a> just off the beach in Surfers Paradise, will be reserved for the residents of the three and four-bedroom apartments from level 33 and up.

Dubbed the Alto Private Lounge, the rooftop will feature a&nbsp;sky pool, as well as a private dining space, kitchen, and a bar with cocktail-style seating.

Also forming part of the rooftop is ‘Stratos 168’, which is accessible to all residents. That offers an indoor and outdoor lounge, fire pits, garden beds, and an outdoor workspace.

[smartcode_project:default project_id=112730 project_image_fid=211248]

Level 4 is home to ‘<a href="/new-apartments/vista-surfers-paradise-26-vista-street-surfers-paradise">Club Vista</a>’, comprising a large pool and yoga sun deck, as well as a cycle-room and gym offering world class equipment open to all residents.

George believes that amenity rich towers such as <a href="/new-apartments/vista-surfers-paradise-26-vista-street-surfers-paradise">26 Vista</a> also need to offer the convenience and the immediacy typically experienced with inner city living, or hotels.

Knight Frank Associate Director James Elliot says he's seeing strong buyer interest from the Gold Coast to Byron Bay from high-net-worth clientele seeking premium quality new properties.

"They are more considered with their buying approach and very detailed in their investigations and research," Elliott said, adding that while the buyer journey is now a little longer&nbsp;between initial enquiry and making a decision on a property since the COVID-induced boom, the segment of buyers in the $5 million to $20 million range for high-quality off the plan properties is still high.

The median unit value is now $672,900, according to CoreLogic, now just -2.8 per cent lower than this time 12 months ago following the national year-long downturn

City Beat July 2023: Gold Coast unit market the strongest in the country

Architecture firm Myers Ellyett says living in subtropical Brisbane is an experience of living on a verandah.

They say being half indoor, and half out, is a life that embraces living with gardens and greenery.

That was their design inspiration for the newest apartment development plans filed in Brisbane, a 14-level tower on a prime site at <a href="/new-apartments/92-kingsford-smith-drive-hamilton">92 Kingsford Smith Drive</a>&nbsp;in <a href="/new-apartments/hamilton-qld-4007">Hamilton</a>.

The project will have 62 apartments, a mix of 20 two-bedroom units and 42 three-bedroom apartments. It will be crowned with a 1,048 sqm rooftop with swimming pool and spa, gym with sauna and yoga lawn, private dining room, wine room, and barbecue area.

There will also be a first level sky forest with seating nooks, on the same level the apartments start. They will sit above a podium and basement levels which will home 148 car spaces and 78 bicycle spaces, as well as commercial tenancies on the activated ground plane.

<img alt="Kingsford Smith Drive" data-entity-type="file" data-entity-uuid="ae86766b-54b9-4613-9f3c-851fe33ff5b0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-07-07%20at%2012.17.58%20pm.png?VersionId=ji2cKm38pwS7rgUaxDOa7jyCOkk5y3K6" />

The plans have been filed by Industry Corp,&nbsp;an entity linked to local&nbsp;Dennis Tomasel.

The built form above ground level has been separated into two distinct forms, which <a href="/architects/myers-elyett">Myers Elyett</a> have referred to as the trunk and treehouses.

Myers Elyett described the proposal as a "gateway project that embraces <a href="/new-apartments/brisbane-qld">Brisbane’s</a> attractive climate &amp; outdoor lifestyle."

"The architecture responds to the natural and urban influences, creating a distinctive architecture adorned with greenery," the Urban Context Report read.

"The project offers an opportunity to enhance and create a memorable experience for those visiting the subtropical city of Brisbane."

<img alt="Hamilton" data-entity-type="file" data-entity-uuid="b61f52c1-bef0-41ba-9388-cd0516e9f8e8" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-07-07%20at%2012.09.56%20pm_0.png?VersionId=vHmqoch1HA_E2ss3LfCSpcysCqwMCm_Q" />

The corner site&nbsp;occupies an unobstructed location on the fork of the Brisbane River and Breakfast Creek, with long views from the river, road, and adjoining suburbs.

All 62 apartments are entered through sky gardens. They provide distinctive open-air circulation and private open spaces lush with planting.&nbsp;

Mewing Planning Consultants said in their&nbsp;Town Planning Assessment that the site&nbsp;presents a range of contextual and urban form characteristics that present the opportunity to develop a high density, distinctive residential development that is befitting of its location.

<img alt="Hamilton" data-entity-type="file" data-entity-uuid="f91f4880-cc18-4292-9cc0-bb60d12927f8" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-07-07%20at%2012.10.14%20pm.png?VersionId=m0YKl81xm6iC2BTraLaiRkuTUNNAkurW" />

"Having regard to the contextual characteristics and visual values of the site, the applicant proposes to develop a high density and exemplar residential development that embraces Brisbane’s subtropical Town Planning Assessment."

"92 Kingsford Smith Drive, Hamilton climate, takes advantage of site’s high level of amenity and outlook and is of a scale that is generally coherent to, yet sufficiently distinct from (for urban form reasons), its surrounding built form context."

They said the intent of the&nbsp;development is to encourage urban consolidation within a well-located and focal inner city precinct (having regard to recently released Brisbane City Council strategy documents) that will contribute to the diversification and quality of high density residential development, including the provision of generously sized and functional sky homes that are suitable for families who want to live in a highly accessible location close to employment and services."

<img alt="Hamilton" data-entity-type="file" data-entity-uuid="e516e38d-65b9-4868-b4d4-efb76967701c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-07-07%20at%2012.14.33%20pm.png?VersionId=DRxb1lMaUpf2b65JW0zFW5DZJuzGxG6K" />

Wild Studio handled the landscaping, suggesting the project offers an "exciting opportunity to transform a coveted, riverside site into a thriving, complex forest, reminiscent of the pre-existing landscape.

"Refined exterior spaces are sunken into the forest, captivating residents and their guests and capitalising on the salutogenic power of landscape," their submission read.

"Supporting BCC’s Buildings That Breathe initiative, this development will set a new benchmark for living, native greenery, enrich the urban experience and help contribute to a vision of Brisbane that is sophisticated and subtropical."

The built form above ground level has been separated into two distinct forms, which Myers Elyett have referred to as the trunk and treehouses

First Look: New forest-laden apartments heading for Hamilton's riverfront

Developer Polycell Group, who is currently developing The Rochester in Broadbeach, looks like it has it's eye firmly locked in on their next development site.

Records show they've spent $15.5 million buying 19 apartments in the Sandpiper building at 155 Old Burleigh Road. They were bought from developer Peter Priest from Trenert, who earlier in the year decided to abort their plans to buy out the rest of the owners when rival developers secured apartments to scupper the redevelopment.

The stoush went to court, with Trenert claiming the rival developers used information that was subject to a confidentiality deed, after they had made a $40 million offer to secure the whole project.

Polycell was founded in the 1970s by current director Robert Ching-Chin Hsu. Starting life as a packaging and materials company in Taiwan, Polycell branched out and is now the largest privately owned air bubble cushion producer in the world today.

No doubt they will now work on the rest of the owners in the building.

<img alt="Sandpiper" data-entity-type="file" data-entity-uuid="d692b541-1154-4a16-a8dc-7a20a7f1b059" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-07-06%20at%202.29.58%20pm.png?VersionId=.APH4BEfZiqPkz0Mc2xDm2L7s7MBZxg1" />

Despite being gazetted earlier in the year, the rules for developers to take control of a building if they have over 75 per cent of the apartments, have yet to come into force.

There have been two sales in the development this year, aside from Polycell's purchases. Two two-bedroom apartments sold for $650,000 and $755,000.

The 1,828 sqm site is located directly opposite Kurrawa Park, which will offer never-to-be-built-out views across the beach and ocean.

It sits on the corner of Broadbeach Boulevard and Albert Avenue. The other side of Albert Avenue is the towering ULTIQA Beach Haven, while behind is the under construction, twin tower development Victoria &amp; Albert by Iris Capital.

<img alt="Sandpiper" data-entity-type="file" data-entity-uuid="75803a6c-d65f-4976-a0e6-df5587ceaf33" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-07-06%20at%202.33.13%20pm.png?VersionId=XBhB9EA31195oJoOsMhJLG57q4GKjIAj" />The current view from Sandpiper

Polycell is currently developing The Rochester, around 700 metres away on Surf Parade. That has 170 two and three-bedroom apartments.

It prides itself on it's extensive resident amenity. The $250 million tower features over 2,200 sqm of facilities.

[smartcode_project:default project_id=112276 project_image_fid=211183]

The whole of level four, some 1,350 sqm, will be dedicated to a health and wellness centre, which will feature a state-of-the-art gym, dry and wet saunas, a cold bath and a yoga lawn.

There will be an outside podium with a lap pool, a second leisure pool, heated spa, sun decks, barbecues, and alfresco dining spaces, all with views of the Pacific Ocean and the Gold Coast hinterland.

[smartcode_project:default project_id=112276 project_image_fid=211186]

Level 26 will home a further 930 sqm of amenity.&nbsp;

Dubbed The Executive Club, residents will have access to a sky lounge and private and communal dining spaces, anchored by a commercial kitchen for catering. A cellar room will feature individual wine and whiskey lockers.

The Executive Club will also feature state-of-the-art workspaces, including a&nbsp;boardroom, private office suites and workstations. A six-seat cinema, games room, and outdoor lounge areas, complete the amenity.

Polycell is currently developing The Rochester, around 700 metres away on Surf Parade

Exclusive: The Rochester developer Polycell locks sights on next Gold Coast apartment project

When developer Weiya Holdings sought architects to shape their visionary Surfers Paradise beachfront apartment project Aalto, it was a no brainer for them to go with Conrad Gargett, after their impressive work on Weiya's first Gold Coast project, DE-LUXE in Burleigh Heads.

Weiya's Managing Director, Wei Wang, said Conrad Gargett's longstanding commitment to creating innovative, imaginative and yet timeless residences is epitomised by Aalto.

"Its world-class beachfront location needed to be matched by a truly exceptional calibre of design, and we have worked closely with Conrad Gargett to ensure this standard was delivered – and surpassed," Wang said.

[smartcode_project:default project_id=108209 project_image_fid=206392]

"The result is a building of elegance and sophistication inspired by the essence of the unique coastal landscape it inhabits, within moments of the Gold Coast’s iconic cosmopolitan lifestyle precincts."

With a profound understanding of the locale and an unwavering commitment to excellence, Conrad Gargett embarked on creating a structure that seamlessly integrates with its surroundings.

The team ran an in-house design competition so they had a number of different options. Three teams tested multiple ideas in parallel to produce the best outcome for this supreme location.

[smartcode_project:default project_id=108209 project_image_fid=209929]

Once a design direction was established, the architecture and interior design teams joined forces from the outset to ensure a seamless integration from architecture to interiors, resulting in a coordinated and holistic design language.

The grandeur of Aalto's design philosophy draws heavily from the broader context of its location. Paying homage to the natural beauty that sets Surfers Paradise and the wider Gold Coast apart, the team embraced the interplay between the ocean, the hinterland, and everything in-between.

Conrad Gargett Director John Flynn says&nbsp;Aalto's relationship with nature is expressed in its unique curvature and harmony of flowing lines which envelope the tower form.

[smartcode_project:default project_id=108209 project_image_fid=209925]

"The articulated edges display a natural rhythm comprised of soft corners and long sweeping forms, inspired by the inimitable movement of drifting sands and water along the coastline."&nbsp;

A significant source of inspiration came from observing the movement of sand and water, a consequence of the Long Shore Drift phenomenon. Originating in the south, the natural process transports silica particles along the coastline, forming the iconic white sands and crystal-clear blue waters that grace the region.

The architectural embodiment of this interplay can be witnessed in the sinuous edges of the building, evoking the organic ribboned forms resulting from the stratification of sand as the water recedes and erosion takes hold.

[smartcode_project:default project_id=108209 project_image_fid=209927]

The Gold Coast's distinctive landscape is characterised by a striking contrast of colours: deep blue waves crashing against golden sands, and lush green foliage sprawling across basalt rocks.

Aalto's materiality draws inspiration from this juxtaposition and textured richness. Designed to withstand the coastal climate, the building incorporates durable and robust materials such as stone, concrete, timber, and steel, carefully chosen for their ability to gracefully age over time.

[smartcode_project:default project_id=108209 project_image_fid=206387]

The concrete has been moulded and carved to reflect the natural recesses found in wind-sculpted sand. This design principle echoes throughout the residences, where elements from the coastline are translated into a luxurious array of finishes.

Within these spaces, pale timber boldly contrasts with natural stones and elegant brass details, creating a sensory experience that fosters a deep connection to the surrounding landscape.

[smartcode_project_cta:default project_id=108209]

Weiya's Managing Director, Wei Wang, said Conrad Gargett's longstanding commitment to creating innovative, imaginative and yet timeless residences is epitomised by Aalto

"Inspired by the inimitable movement of drifting sands and water along the coastline": How Conrad Gargett designed Aalto

Four years ago apartment developer Sarazin's Silk One development on Woolloongabba’s Stanley Street caught the attention of those looking for an opportunity to buy an apartment in&nbsp;Woolloongabba, which at the time was just&nbsp;an attractive place to live because of it's proximity to the city and vibrant shopping and retail options.

Fast forward a few years and Woolloongabba will now be the epicentre of the 2032 Summer Olympics.

The announcement of the biggest sporting event in the world coming to the capital has lit a spark not only under the Queensland Government, who have committed to billions of dollars worth of infrastructure investment to the area, as well as residential developers who are looking to make their mark in the precinct which will have over three billion eyes on it in less than a decade.&nbsp;

Sarazin have another opportunity for prospective buyers to buy in the Olympic ring, albeit one street outside of Woolloongabba in East Brisbane.

They've just launched&nbsp;Murcia Residences, just around the corner from Silk One on Overend Street, with an equally impressive rooftop amenity that rivals their previous project.

[smartcode_project:default project_id=135094 project_image_fid=214682]

The development is inspired by the Spanish city of Murcia, with Sarazin's aim to create "La Vida Bella", Spanish for "The Beautiful Life."

Murcia Residences will be topped with an expansive and landscaped amenity space, taking in sweeping panoramic views across the city skyline. The focal point will be the infinity swimming pool, complemented with shaded cabanas and sun lounges.

[smartcode_project:default project_id=135094 project_image_fid=214687]

Just steps away from the pool will lie the unique wellness centre, where residents can benefit from chilled and heated magnesium plunge pools, a steam room and a sauna.&nbsp;

[smartcode_project:default project_id=135094 project_image_fid=214685]

Residential amenity will also be featured across the ground level, with new cafes offering a convenient pit stop for residents.

The second level of Murcia will feature a fully equipped gym, while there'll also be a dedicated bike repair workshop.

[smartcode_project:default project_id=135094 project_image_fid=214683]

Murcia Residences will deliver a collection of one, two, three and four-bedroom apartments, all designed to offer spacious and open plan living.&nbsp;

The generous proportions of the living spaces seamlessly blend indoor and outdoor living, allowing residents to bask in the Queensland climate while enjoying views of the city, the river, and the verdant eastern suburbs.

[smartcode_project_cta:default project_id=135094]

Sarazin have another opportunity for prospective buyers to buy in the Olympic ring, albeit one street outside of Woolloongabba in East Brisbane

Hovering above The Gabba: Sarazin produce special rooftop at Murcia Residences

Joint venture partners Monaco Property Group and Polites Property Group are bringing resort inspired living to their Runaway Bay development, Belvue.&nbsp;

The waterfront Belvue, French word for beautiful view,&nbsp;will feature a boutique collection of full floor sky homes, three freestanding villas, and an array of resort-style amenity.&nbsp;

Designed to cater to the mind, body and soul, Belvue will deliver a holistic approach to health and wellbeing, with a range of relaxation and rejuvenation spaces.&nbsp;

[smartcode_project:default project_id=108982 project_image_fid=210152]

The jewel in the crown, the waterfront pool, provides the perfect spot to bask in the Queensland sun.&nbsp;Subtropical foliage and vibrant vegetation encircle the central pool, creating an oasis of greenery.

Residents will also benefit from a barbecue pavilion, in addition to cabanas and daybeds which are scattered throughout the landscape.&nbsp;

[smartcode_project:default project_id=108982 project_image_fid=210150]

When it's time for respite, there's also a resident-only spa and sauna.&nbsp;

Belvue also prioritises the physical wellbeing of its residents. The residents gym, equipped with state-of-the-art facilities, offers a dedicated space for fitness, with the space also integrating a dedicated yoga area.&nbsp;

When the development application was submitted to the Gold Coast City Council, Plus Architecture called&nbsp;Belvue&nbsp;"the sophisticated newcomer to Runaway Bay."

"It's an elevated lifestyle with resort-style amenities," the Design Statement read.

Whole floor apartments, with 273 sqm of living space, start from $3,545,000.

[smartcode_project_cta:default project_id=108982]

Designed to cater to the mind, body and soul, Belvue will deliver a holistic approach to health and wellbeing, with a range of relaxation and rejuvenation spaces

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