Construction is set to begin at <a href="https://www.apartments.com.au/new-townhouses/orchard-mews-glen-iris-18-scott-grove-glen-iris-vic-3146">Orchard Mews</a> in Glen Iris, with&nbsp;PC Whitehall &amp; Sons&nbsp;now appointed as the townhome development moves into its next phase.

The development by&nbsp;<a href="https://www.apartments.com.au/developers/montcoeur">MontCoeur</a>,&nbsp;located at 18 Scott Grove, is now around 30 per cent sold, with completion targeted for late-2027.

Orchard Mews comprises a curated collection of three- and four-bedroom customisable townhomes, positioned within one of <a href="https://www.apartments.com.au/developments/glen-iris-vic-3146">Glen Iris</a>’ more tightly held residential streets. The low-density project has been designed by <a href="https://www.apartments.com.au/architects/cera-stribley-architects">Cera Stribley</a>, with landscape architecture by <a href="https://www.apartments.com.au/landscape-architect/jack-merlo">Jack Merlo</a>, bringing together a team known for high-end residential projects across Melbourne.

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The development is defined by its focus on flexible living and long-term usability. Each residence includes multiple living zones and a customisable multipurpose room, allowing buyers to tailor spaces to suit changing needs, whether as a home office, additional bedroom, wellness area or entertainment space.

Architecturally, the townhomes emphasise natural light and spatial volume, with dual-aspect layouts and double-height living areas incorporated into the design. Interiors feature natural stone benchtops, premium appliances, and a neutral material palette intended to support everyday functionality rather than statement-driven finishes.

All residences are all-electric and include private lifts and secure double garages, reflecting a broader shift toward sustainability and future-focused housing in Melbourne’s established suburbs.

[smartcode_project:default project_id=150128 project_image_fid=366277]

Outdoor connections are also central to the offering, with a mix of private courtyards and terraces extending internal living spaces and integrating with the landscaped surrounds.

The Scott Grove address places Orchard Mews within close proximity to some of Melbourne’s key lifestyle and education amenities, including Scotch College, Sacré Cœur, Cabrini Hospital and the retail hub of Chadstone. Public transport access is also nearby, with trams and Gardiner Station providing connectivity to the CBD and surrounding suburbs.

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Joel Robinson

Construction to commence at luxury Glen Iris townhome project, Orchard Mews

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;

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.

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“Terraces represent one of the city’s most intelligent housing models,” says Joe Nahas, Managing Director of Coronation Property.

“They deliver density without losing the human scale that makes neighbourhoods liveable. In many ways, they provide a bridge between the Sydney we know and the Sydney we need to build. If Sydney is going to grow well, it can’t rely on towers alone.”

<hr data-end="1090" data-start="1087" />
<h3 data-end="1124" data-section-id="1a7l0gw" data-start="1092">The evolution of the terrace</h3>

That thinking has shaped Coronation’s approach at Ashbury Terraces, where the terrace typology has been reinterpreted for modern living.

Designed by SJB, the project recently received recognition at the 2026 Better Future World Design Awards, acknowledging its architectural clarity and response to the surrounding suburban context.

SJB Director Adam Haddow says the intent was to evolve a familiar housing form rather than reinvent it.

“The terrace is one of Sydney’s most familiar housing forms, so our approach at Ashbury was to reinterpret that typology in a contemporary way,” Haddow says.

“The homes are designed to sit comfortably within the existing neighbourhood while introducing more light, landscape and shared spaces that support modern living.”

Ashbury Terraces combines terraces, apartments and penthouses across a series of low-rise buildings, integrating contemporary architecture with landscaped communal spaces and resident amenity.

That same typology is now being carried into Coronation’s Lillian development in Erskineville, where a smaller number of terraces sit within a predominantly apartment-led precinct.

<hr data-end="2269" data-start="2266" />
<h3 data-end="2289" data-section-id="cazuws" data-start="2271">Buyer response</h3>

Coronation’s decision to include terraces at Lillian was informed by strong buyer feedback from Ashbury Terraces, where purchasers were drawn to the flexibility and scale the housing type offers.

One resident, Sweta Pursem, purchased a terrace as a single buyer, citing its long-term versatility.

“As a single buyer, it might seem surprising that I chose a terrace over an apartment, but I was thinking long term,” Pursem says.

“The terraces are incredibly versatile, catering to a range of lifestyles while still offering the space and privacy of a house.”

For Pursem, the multi-level layout provides a level of functionality not typically found in apartment living.

“Having a separate living area from the bedroom and home office makes everyday living feel both functional and comfortable. When friends and family come to visit, the layout gives a sense of privacy while still feeling open and spacious.”

Her terrace also supports a more connected, lifestyle-driven way of living.

“I love entertaining, and the courtyard is ideal for relaxed weekend drinks with friends. I tend to use each level differently throughout the day, it creates a natural rhythm between work, downtime and entertaining, which I didn’t have in apartment living.”

Ashbury Terraces is now complete and ready to move in, while Lillian in Erskineville is under construction and expected to welcome residents in mid-2027.

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

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?

As one of the tallest buildings in Stones Corner, Oakridge Property Group's Lumina project is set to take full advantage of its unencumbered views back to Brisbane.

The 12-level project, located above Hanlon Park, will offer gun-barrel views to the city from a number of apartments, but the best will be enjoyed from the resident rooftop.

That will feature a rooftop terrace with a resort-style pool and a number of alfresco areas, surrounded by lush landscaping.

[smartcode_project:default project_id=112745 project_image_fid=207746]

Residents will also have access to an on-site movie theatre and a resident lounge, a communal herb garden, a health club with a sauna, and a co-working space with a meeting room.

&nbsp;

The amenity doesn't stop inside Lumina, with the development strategically located in one of Brisbane's most connected address.

Residents will be within easy reach of education, health care, and transport options, in addition to&nbsp;a plethora of dining, entertainment, and leisure options.&nbsp;

There's a range of spacious one, two and three-bedroom apartments in the development designed by NMDS Architecture.

[smartcode_project:default project_id=112745 project_image_fid=207748]

Oakridge secured the Cleveland Street site of the Freemasons building in May 2021, shortly before Brisbane was announced as the hosts of the 2032 Olympics, something which Oakridge development manager Sam Clarke was handy timing.

"Maybe had we have bought the site a few months later, the land value would be considerably more given its&nbsp;location to the Olympic hub," Clarke said.

The old brick lodge, which hasn't been used for a number of years since the Freemasons moved in to the city, has been demolished.

[smartcode_project_cta:default project_id=112745]

Oakridge secured the Cleveland Street site of the Freemasons building in May 2021, shortly before Brisbane was announced as the hosts of the 2032 Olympics

Lumina, Stones Corner to capture unparalleled Brisbane skyline views

Leading Sunshine Coast developer Cube Developments has achieved a near $75 million sell-out across its Bokarina Beach project Oasis.

Positioned with ocean views on the last remaining beachfront location on Bokarina Beach, Oasis makes up a collection of 56&nbsp;apartments with amenities including a lap pool, open air resident dining, a gym, an outdoor beach shower and lush gardens.

The boutique project sold 70 per cent of residences prior to officially hitting the market, totalling close to $50 million within a week of its soft launch.

Just four apartments remain, including two penthouses that range from 191 sqm to 242 sqm, boasting secluded rooftop terraces and private plunge pools, starting from $3.5 million.

[smartcode_project:default project_id=106623 project_image_fid=200348]

Cube Developments Director Scott Juniper pointed out the region's notably high demand for prestigious properties, which is evident in the palpable desire among buyers. However, the limited supply of such properties is struggling to keep up with the demand.

“In a market where there is high demand for prestigious coastal homes, buyers are taking quick action to avoid missing out on the limited supply," Juniper said.

“Our sales team had 40 appointments booked on the first day of Oasis’ soft launch, 25 of which sold that very same day. There’s a strong sense of urgency among potential buyers, and we’ve observed a significant level of enthusiasm from people who want to secure a prime piece.

[smartcode_project:default project_id=106623 project_image_fid=200349]

“We’re delivering an exceptional project on one of the last remaining beachfront blocks on Bokarina Beach to offer an unparalleled lifestyle, and buyers responded well to this vision."

The majority of buyers being local residents and individuals from wider South East Queensland can be attributed to the area's beauty and rarity of properties like this one. This is due to the combination of its premium yet simplistic design and the incredible oceanfront location on Longboard Parade, which provides a unique vantage point.

Set across six levels, Oasis’ configuration maximises access to almost 180 degree ocean views stretching North from Point Cartwright all the way down to the Caloundra Headland.

Oasis is now over 92 per cent sold.&nbsp;Remaining apartments start from $1,650,000.

[smartcode_project_cta:default project_id=106623]

Sunshine Coast apartment demand boom sees Cube approach $75 million Oasis, Bokarina sellout

A prime inner city development site with uninterrupted views of the CBD and development approval for a 12-storey residential apartment complex has been sold.

After a competitive expressions of interest sales process, the corner site consisting of three lots, 37 Leichhardt Street as well as 8 and 10 Downing Street, was sold to ACT based Addval Developments.

Colliers Director Investment Services Nick Wedge said the property represented one of the best ‘infill’ residential development sites, in the tightly held and highly sought-after suburb of Spring Hill.

“With development approval in place for 15 luxury residential apartments over 12 levels, with the refurbishment of the existing heritage dwelling on site, this provided a great investment opportunity,” Wedge said.

“We had a lot of interest in the site due to the exceptional demand for established and new housing in Brisbane."

“Based on historical demand and likely anticipated supply, Inner Brisbane will experience a shortfall of 16,000 new apartments over the next four years," he added.

Colliers National Director Investment Services Hunter Higgins said Spring Hill was one of Brisbane’s premier inner city suburbs with unmatched locality through its connectivity to amenity including Brisbane CBD, Roma Street Parklands and Train Station and two major private hospitals and schools.

“Opportunities to develop boutique apartment or townhouse projects on the doorstep of the CBD are exceptionally rare,” Higgins said.

“This site presented an unrepeatable development opportunity, especially with market conditions continuing to improve and opportunities like this virtually non-existent."

“Both the established and new housing markets have seen exceptional demand and increased pricing across Brisbane."

“This coupled with the site-specific attributes will result in premiums being paid for the end user product,” Higgins added.

Colliers Residential Site Sales Executive James Matley said located less than one kilometre from Brisbane’s CBD this site provided a great opportunity for the purchaser.

“While it already has development approval for residential units, it is zoned as mixed-use one, allowing for a range of development outcomes," Matley said.

“The zoning provides opportunities including residential, mixed use, retirement/aged care, build to rent, student accommodation, office, a hotel or serviced accommodation, commercial, medical, retail as well as child care, all subject to council approval."

Colliers Director Investment Services Nick Wedge said the property represented one of the best ‘infill’ residential development sites, in the tightly held and highly sought-after suburb of Spring Hill

Addval Developments pay $5.1 million for Spring Hill apartment development site

Architect-developer Joe Adsett has officially commenced construction on his Sunshine Coast oceanfront development, Lagune Moffat Beach.

The five-level building, which comprises just five full-floor apartments, will feature never-to-be-built-out views across the ocean given its dress circle Queen of Colonies Parade location.

Only two apartments remain in the building, with prices starting from $5.1 million.

The boutique project will feature two pools, one a private pool in one of the apartments and the other a resident pool. Each apartment will have four bedrooms, a central courtyard, direct lift access, wrap around balconies, and full height glazing to take advantage of the views from&nbsp;Moffat Beach to Point Cartwright. Even the smallest apartment offers nearly 300 sqm of living space.

[smartcode_project:default project_id=111876 project_image_fid=210036]

“Lagune Moffat Beach showcases a huge milestone for the Joe Adsett team, as we continue to design and deliver house-sized sky homes to north facing beachfront living” Joe Adsett said.

“The uniqueness of the location is all to do with the natural beauty that’s afforded by a north-facing beach where you get these rocky outcrops, beautiful headlands and great surfing breaks."

[smartcode_project:default project_id=111876 project_image_fid=210035]

Luxury Noosa builder Archend will handle the build.

Archend Director Alex Hansen said the company is excited to be partnering with the Joe Adsett team to deliver this prestigious development.

The construction commencement is Adsett's second in as many months.

In April, Tomkins Commercial kicked off the build of&nbsp;Rockpool Rainbow Bay, Adsett's first Gold Coast apartment development. That too will offer&nbsp;never-to-be-built-out views, to Rainbow Bay and Snapper Rocks, from its Marine Parade position.

The $100 million project will comprise 21 high-end apartments, of which 80 per cent are sold.

Read more:&nbsp;<a href="/news/qld/construction-commences-at-joe-adsetts-rockpool-rainbow-bay">Construction commences at Joe Adsett's Rockpool Rainbow Bay</a>

“Lagune Moffat Beach showcases a huge milestone for the Joe Adsett team, as we continue to design and deliver house-sized sky homes to north facing beachfront living” Joe Adsett said.

Joe Adsett to begin build of luxury Moffat Beach apartment project, Lagune

Labrador is set to lose another holiday resort in another attempt to narrow the supply v demand imbalance on the Gold Coast.

The latest plans submitted to the Gold Coast City Council are a little different to the former Sandy Point Resort, which was converted by its owners, McDonald Industries, into the Park Shore apartment development within the same building envelope.

On the chopping block is the&nbsp;Golden Shores Holiday Club at 210 Marine Parade, which is set to be demolished to make way for a 25-level tower with 85 new apartments, the same number Golden Shores Holiday Club currently has but across three levels.

Proposed are 49 two-bed apartments, 14 ofwhich will have a multi-purpose room. The smallest two-bedders start from 80 sqm.

There will be 35 three-bedroom apartments, all with MPR's, and a full floor, 458 sqm penthouse with five bedrooms, each with an ensuite and walk in wardrobe, a theatre room, two living areas, and a wine cellar.

There will be no more than five apartments per floor.

BDA Architecture wrote in their design statement that the&nbsp;site is located in the high density precinct of Labrador and it will contribute residential uses to an area targeted as a future growth corridor.

To be the first to hear when 210 Marine Parade hits sales, <a href="/new-apartments/210-marine-parade-labrador">enquire here</a>

<img alt="210 Marine" data-entity-type="file" data-entity-uuid="92678ea4-d674-4ee9-98ef-790cb904568a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-05-24%20at%208.57.00%20am.png?VersionId=ckWfV.rnm4DgMWbxv.giB6hq8WNHXbI1" />

"As designed, the project will provide a memorable sculptural residential tower, that will enhance the emerging Broadwater precinct.

"The&nbsp;architecture of the proposed development is inspired by its coastal location, with strong vertical and horizontal forms and natural tones."

BDA says the tower has been broken up into three distinct areas.

"The ‘base’ is a highly detailed and landscaped entry / podium, which grounds the tower into it’s natural context.

<img alt="210 Marine" data-entity-type="file" data-entity-uuid="0812e356-2bd2-41de-9cda-2cf0dfc55e75" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-05-24%20at%208.57.39%20am.png?VersionId=omXg3cnQ8YSGmeJDZO1uNzEXFpArCU7b" />

"The ‘middle’ is a series of vertical blades walls, horizontal slab projections, picture frame windows and recessed elements, including full height glass sections and generous balconies.

"The ‘top’ is composed as a series of communal spaces, highlighted by large expressed floating roofs, effectively capping the building.

"With all three areas combined, the overall tower form is cohesive and an elegant addition to the Labrador skyline."

<img alt="210 Marine" data-entity-type="file" data-entity-uuid="12fb4a11-e661-4a1b-912a-16f06172d983" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-05-24%20at%208.57.21%20am.png?VersionId=wZ255HCrEno_MVJwHFHQV59BuFLjC2S_" />

All apartments will have glimpses towards Broadwater because of the towers slender form. The building fans out towards the rear, which allows even the apartments at the back of the building to take in water views.

The 24th level rooftop will home the resident amenity, including a&nbsp;swimming pool, lounge and kitchenette spaces, and a gym. There will be 125 resident car spaces and 31 bicycle spaces.

The application seeks to tap into the 50 per cent building height uplift, which allows for a maximum height of 79.5 metres to be achieved over the 1,546 sqm site which has a 30 metre frontage to Marine Parade.

<img alt="210 Marine" data-entity-type="file" data-entity-uuid="81a566a7-628e-417f-80e7-317764cd5dc9" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-05-24%20at%209.29.05%20am.png?VersionId=w6Kjmdh0iWUylSbABfKb2r.0sRnPTypx" />

The neighbouring Windsong Apartments was cited as a comparable tower at 15 levels, as was the 22-level Lumiere Private Residences at 230 Marine Parade.

"The surrounding density of this exceptional site suggests it is the perfect location for the proposed development," the town planning report by Zone noted.

There is the provision for short-term accomodation, but Zone suggest that's just so future apartment owners can rent their apartments as a holiday let if they wish.

To be the first to hear when 210 Marine Parade hits sales, <a href="/new-apartments/210-marine-parade-labrador">enquire here</a>

BDA Architecture wrote in their design statement that the site is located in the high density precinct of Labrador and it will contribute residential uses to an area targeted as a future growth corridor

First look: Golden Shores Holiday Club to become new apartment tower

Palm Beach is renowned for its pristine beaches, vibrant dining scene, and natural beauty. Set to be nestled in the heart of the coastal community is Eva Tenth Avenue, a small boutique development that weaves together the tapestry of the evolving story of the area.

It's being developed by fifth generation Chippendale family member Daniel Chippendale, whose family has long lasting roots in the area.

Chippendale set out to offer the ideal environment for families seeking to establish lasting roots and become part of the fabric of Palm Beach.

“The inspiration behind Eva Tenth Avenue is about creating homes that allow others to share in the beauty of Palm Beach,” Chippendale said.

[smartcode_project:default project_id=108429 project_image_fid=193745]

“We’re proud of our family history and wanted to reflect our legacy in creating a beautiful product to pay homage to the local area.

“My family has been here for generations and we have created many wonderful memories on the coast. We want to share a part of our family history with others to help them create their own memories.”

EVA will home 48 one, two and three-bedroom apartments, which will provide residents with a coveted beachside lifestyle just steps away from the golden sands.

Designed by BDA Architecture to embrace the natural beauty of the surroundings, each apartment at EVA has been crafted with an intuitive flow of the spaces, creating a seamless connection to the Pacific Ocean.

A timeless material palette, featuring elements such as white brick, coloured concrete, timber screening, and VJ paneling, adds depth and richness to EVA, contributing to a layered coastal effect.

[smartcode_project:default project_id=108429 project_image_fid=193746]

The nine-level building will feature amenity area on the ground floor, encompassing a pool, communal lounge area, gymnasium, yoga lawn and a BBQ area surrounded by lush sub-tropical landscaping.

With a prime location within Palm Beach's burgeoning dining and retail precinct, residents will be in proximity to an array of restaurant options, along with local boutiques and cafes.&nbsp;

Of course, the true allure of EVA lies in its proximity to the beach, allowing residents to fully embrace coastal living.

[smartcode_project:default project_id=108429 project_image_fid=193749]

Eva is also positioned between two natural estuaries, Tallebudgera Creek and Currumbin Estuary, with the idyllic setting presenting endless opportunities for water activities, from paddle boarding and kayaking to fishing and picnicking by the water's edge.

One-bedroom apartments, which start at a generous 69 sqm, are priced from $650,000.&nbsp;The two-bedders range in size from 95 sqm to 106 sqm and start from $850,000, topping out at just over $1 million.

The three-bedroom apartments cover an expansive 208 sqm and are priced from&nbsp;$2.25 million.&nbsp;

[smartcode_project_cta:default project_id=108429]

EVA will home 48 one, two and three-bedroom apartments, which will provide residents with a coveted beachside lifestyle just steps away from the golden sands

EVA Tenth Avenue: Where coastal living meets lasting roots

Brick Stone Development is aiming to complete construction of Kokomo Gold Coast, their rare new development in Carrara, by the end of the year,

They're anticipating completion of the two six-level buildings in December, with buyers of the two and three-bedroom apartments set for move in shortly after.

[smartcode_project:default project_id=21610 project_image_fid=187039]

Located on Nerang Broadbeach Road fronting the Nerang River, Komomo Gold Coast boats 75 metres of prime main river frontage, a frontage taken advantage of with communal waterfront pavilions and a resident jetty.

The two buildings, dissected by a central swimming pool set in two hectares of tropical landscaping, have a total of 66 apartments. A handful of the apartments, located at the end of each building, have gun barrel views over the water.

[smartcode_project:default project_id=21610 project_image_fid=187045]

The remaining two-bedroom apartments start from $853,000. They span 141 sqm and have two bathrooms and a parking space.

The 156 sqm three-bedroom units are priced at $969,000, and the four-bedroom apartments $2,249,000.

[smartcode_project:default project_id=21610 project_image_fid=187028]

Conveniently situated in the Central Gold Coast region, residents' will benefit from close proximity to a host of amenities.

Within a 10-minute drive, residents can revel in the retail therapy offered by Pacific Fair, try their luck at the Star Casino, unwind at Broadbeach beach, or indulge in a round of golf at one of the three nearby golf courses.&nbsp;

[smartcode_project_cta:default project_id=21610]

The two buildings, dissected by a central swimming pool set in two hectares of tropical landscaping, have a total of 66 apartments

Construction to wrap on Kokomo Gold Coast late in the year

Queensland's population is set to experience significant growth in the coming years, according to recent data from the Centre for Population. With expectations of a growth rate exceeding 16 percent by 2032, the spotlight is on Greater Brisbane as it emerges as the frontrunner for population expansion within the state.

The surging demand for housing across most parts of the city, coupled with the explosive population growth witnessed throughout 2021 and 2022, has laid a solid foundation for a robust property market.

Brisbane continues to outperform many other cities across the country, thanks to the prevailing undersupply of homes in the region.

And with Brisbane securing the opportunity to host the 2032 Olympic and Paralympic Games, the property market is poised for further growth and investment opportunities in the years ahead.

With the market only heating up, we've wrapped up the top inner city developments on offer that are priced under $1 million.

<h2>Allere Collection, West Village</h2>

<h2>Address: Mollison Street, West End</h2>

<h2>Developer: Sekisui House Australia</h2>

<h2>Prices from: $825,000</h2>

The Allere Collection in Sekisui House Australia's multi-award winning West End development, West Village&nbsp;

The Allere Collection is now over 75 per cent sold, and is one of the last opportunities to buy in West Village, which has formed the new focal point of the West End precinct in South Brisbane.

[smartcode_project:default project_id=114215 project_image_fid=210749]

Comprising two vertical communities, Uno and Duo, the 203-apartment The Allere Collection was released to the market off the back of the group's previous sold out building in the precinct, Altura.&nbsp;

Fronting Mollison Street, the apartments have been designed by renowned architect Rothelowman, with Uno comprising 94 residences and two levels of commercial space, and Duo, set above the West Village retail precinct, homing 109 apartments to a design which Rothelowman describe as "a bold and classic take on the quintessential Queenslander."

[smartcode_project:default project_id=114215 project_image_fid=204857]

Loacted in the Duo tower, the two-bed apartments begin from&nbsp;$825,000, set across 97 sqm with two-bathrooms and one car space,&nbsp;

Residents within the Allere Collection will have the benefit of enjoying double the amenity, with shared access to both Uno and Duo rooftops.

Crowning the Uno tower will be a pool, enclosed dining space, seating areas, a vegetable garden, conservatory, as well as ‘Paw Pavilion’ - an off leash dog space on the rooftop. Topping Duo will be a pool, heated spa, enclosed lounge room and dining space, along with outdoor barbecue facilities and sun loungers.&nbsp;

<h2>Project: 33 Manning</h2>

<h2>Address: 33 Manning Street, Milton</h2>

<h2>Developer: Goldfields Group</h2>

<h2>Prices from: $695,000</h2>

National developer Goldfields' first foray into the Brisbane off the plan apartment market has been a successful one.

Their debut project, 33 Manning in Milton, is now over 50 per cent sold having only launched earlier this year.

[smartcode_project:default project_id=108736 project_image_fid=209692]

Designed by renowned architects Rothelowman, 33 Manning pays homage to the classic Queenslander home. It offers residents the scale and function of the traditional Sunshine State home, aligned to Brisbane’s subtropical climate and transformed for contemporary high-rise living.

Goldfields CEO Lachlan Thompson said demand for 33 Manning has been strong since launch as Brisbane continues to battle undersupply and lower vacancy rates.

There are a number of two-bedroom options at 33 Manning that clock in under the $1 million mark, with prices beginning from&nbsp;$695,000. Even the two-bedroom apartments sit under the $1 million mark ($995,000), and they have a separate study space.

According to Andrew Scriven, Managing Director of Colliers Residential Queensland, the design and architecture of 33 Manning has been a key driver of interest from buyers, alongside its city-fringe location.

[smartcode_project:default project_id=108736 project_image_fid=209941]

Scriven suggested 33 Manning's two-bedroom apartments offer size and aspect, and are the best value in the inner city. He says they could yield almost five per cent for investors&nbsp;given the current rental pressures in Brisbane.

33 Manning also offers Brisbane homebuyers a rare opportunity to buy off-the-plan with a deposit of just $10,000, in conjunction with property-buying platform Coposit.

At no cost to purchasers, the free Coposit app allows buyers to secure an apartment at the current price before paying back the rest of the deposit in weekly instalments during the construction phase.

<h2>Project: Ethereal Residences</h2>

<h2>Address: 97 Swann Road, Indooroopilly</h2>

<h2>Developer: North&nbsp;</h2>

<h2>Prices from: $895,000</h2>

Coloured by an emerald green hue, Indooroopilly is one of the most naturally rich suburbs in Brisbane.

Offering residents the best of both worlds, Indooroopilly sits just 10-minutes from the city, and only seven-minutes from the foothills of Mount Coot-Tha.

[smartcode_project:default project_id=109830 project_image_fid=184163]

Brisbane-based developers North took to the amenity-rich suburb to deliver their latest residential project, in a cross-studio collaboration between the renowned Rothelowman, Carr Design and Form Landscape Architects.

The Swann Road development of just 46 apartments is aimed at the owner occupier, suiting the upsizer, downsizer, and even the first home buyer demographic.

[smartcode_project:default project_id=109830 project_image_fid=184948]

There's a range of two-bedroom apartments coming in below the $1 million club, with prices starting from&nbsp;$895,000. Each comes with two bathrooms and two car spaces, with the pricier two-bedders offering direct street access.&nbsp;

The low-rise building forms are terraced down the hillside to maximise outlook, orientation and privacy, with direct street frontage to Swann Road, Burns Street and Rennie Street.

Ethereal's Sky Terrace crowns the building, with the rooftop retreat equipped with alfresco dining amenities and a swimming pool, all set within verdant landscaping.&nbsp;

<h2>Project: Vivace Apartments</h2>

<h2>Address: 31 Tallowwood Street, Seven Hills</h2>

<h2>Developer:&nbsp;Heran Building Group</h2>

<h2>Prices from: $685,000</h2>

Seven Hills in Brisbane's inner east offers buyers both convenience to the city and an escape to nature.

It's managed to keep its quaint, suburban feel, with little to no population growth over the last decade, with just over 2,000 people calling Seven Hills home, according to the latest census data from the Australian Bureau of Statistics.

[smartcode_project:default project_id=90199 project_image_fid=205365]

There lack of population growth shows there's been little to no opportunity to buy into the already established suburb, with very little new housing options in the owner-occupier-centric market, which is why Heran Building Group's Vivace Apartments has been popular throughout it's time on the market.

Vivace offers both two and three-bedroom floorplans for under $1 million in the tightly held suburb, with the two-bedders priced from&nbsp;$685,000, while the three-bedders begin at&nbsp;$815,000. Each of the apartments feature two-bathrooms as well as two car spaces.&nbsp;

[smartcode_project:default project_id=90199 project_image_fid=205369]

Designed by Heran's internal architect, the Vivace Apartments offer a contemporary design, with a natural colour palette and timber features juxtaposed to stone.

The spacious site provides large balconies and vertical screens for privacy and shading, and contrasts with the high density solutions of the inner city.

Communal spaces are dotted around the site, including a swimming pool, barbecue facilities, a fully-equipped gym, sauna, steam room and communal lounge.

<h2>Project: Adena Residences</h2>

<h2>Address: 15 Alter Street, Wynnum West</h2>

<h2>Developer: Heran Building Group&nbsp;</h2>

<h2>Prices from: $789,000</h2>

Heran has also recently developed in another sought-after Brisbane suburb, with the group taking to Wynnum West for Adena Residences.&nbsp;

Situated in the heart of the suburb, Adena Residences enjoys a prime location just 13 kilometres from the CBD, placing residents within proximity to some of the best Brisbane has to offer.&nbsp;

[smartcode_project:default project_id=109978 project_image_fid=207522]

Adena is another on the list that offers both two and three-bedroom apartments for under $1 million. The two-bedders are priced from $694,000 with the three-bedders from&nbsp;$789,000, each with two-bathrooms and two car spaces.&nbsp;

The open-plan living areas seamlessly connect to private balconies or courtyards, allowing residents to embrace indoor-outdoor living and enjoy the beautiful surroundings.

[smartcode_project:default project_id=109978 project_image_fid=186027]

The apartments feature a range of high-quality finishes throughout, including stone benchtops, European appliances and ducted air conditioning.&nbsp;

Residents will benefit from a suite of amenities within the development, including a pool, sun lounges, a gym with 24 hour access and undercover barbecue terraces. There's also a rooftop crowning the building, complete with a garden, that takes in 360 degree views.&nbsp;

Brisbane continues to outperform many other cities across the country, thanks to the prevailing undersupply of homes in the region

The top five Brisbane off the plan apartments selling for under $1 million in May 2023

Brisbane's unit market continues to go from strength to strength.

There was hardly any downturn felt in the Queensland capital, with lack of supply and continued migration keeping prices firm while its eastern seaboard counterparts suffered near double digit losses over the last year.

Brisbane has actually seen 1.5 per cent growth over the last 12 months, according to CoreLogic. Unit values grew 0.9 per cent across April, the second best performing capital behind Sydney.

The median value of units in Brisbane is now approaching $500,000.

Colliers Director Andrew Scriven, who is handling sales at Consolidated Properties recently launched Monarch Residences in Toowong, says that in an environment of relative uncertainty, enquiry for off the plan apartment projects in Brisbane remains healthy.

[smartcode_project:default project_id=113455 project_image_fid=211496]

"By far the largest group is local owner occupiers who account for approximately 70 per cent of enquiry," Scriven said.

"This cohort consists of downsizers, rightsizers and to a lesser extent first home buyers all being attracted to different products types and locations."

Scriven added that affordability remained an issue for a large portion of the market, with&nbsp;less and less stock available in the sub $700,000 range, however there are good options available for those with larger budgets.

There's also been enquiry grow from investors, who are looking to capitalise on growing yields due to sub one per cent vacancy rates in the inner city.

[smartcode_project:default project_id=113455 project_image_fid=211498]

Developer Dibcorp has timed their Bide, Newstead apartment tower perfectly. They're able to point to an under construction project, which Keenan &amp; Co.'s Fraser Bryne says is now top of the list of questions to ask when enquiring.

"Their first question is 'is the project under construction, and if not, why?'" Byrne says.

"The second question is 'who is the development team and what have they delivered before?'".

[smartcode_project:default project_id=102309 project_image_fid=163977]

Byrne says these are completely understandable requests in the current climate.

"Buyers have access to a vast amount of information nowadays and are often well educated in buying off the plan, so they want full confidence in the project.

"I think these are completely understandable requests and in fact encourage buyers to ask these questions in their search for the right property because if they can be answered with confidence, they should feel comfortable proceeding."

[smartcode_project:default project_id=102309 project_image_fid=163974]

The Longland Street project has benefitted from the tight supply in Brisbane's inner-city, which Bryne says is driving strong buyer demand.

The last residences at Bide have just been released to the market, a collection of two and three-bedroom skyhomes.

Richard Lawrence, Founder and Managing Director at Position Property, says there's a strong imbalance between supply and demand, which isn't likely to change in the immediate future.

"We are heading into new territory in the Brisbane market with the extreme tightening of supply of new product due to more challenging construction costs," Lawrence says.

"Simultaneously, we are seeing high demand.

"Queensland’s population is growing overwhelmingly faster than every other state, with 2,201 people moving to the state each week on average in the past year.

"The majority of this growth split between interstate and international migration, as opposed to natural increase.

"Fundamentally, demand is overwhelmingly outstripping not only current supply, but the short term pipeline of supply.

"Along with this, rental vacancies are at historic lows with yields consistently exceeding the southern states, making the timing perfect for investors to enter the market.

There was hardly any downturn felt in the Queensland capital, with lack of supply and continued migration keeping prices firm while its eastern seaboard counterparts suffered near double digit losses over the last year.

City Beat May 2023: Brisbane unit markets continue growth trajectory as supply tightens

Dibcorp has launched the final release of apartments in their Newstead project, Bide, as construction continues apace.

Nestled in the heart of the suburb, the collection comprises just 12 remaining apartments, which feature two-bedroom residences and three-bedroom sky homes.&nbsp;

[smartcode_project:default project_id=102309 project_image_fid=163978]

The remaining three-bed sky homes span from 121 sqm through to 193 sqm, with two-bathrooms and two car spaces.&nbsp;

WSA and Twohill &amp; James designed Bide with the belief that the spaces we inhabit are vital to a balanced life, from the landscaping to finishes.&nbsp;

Bide represents a new way of inner-city living, complete with a range of special inclusions and an urban green space exclusive for residents to relax, unwind, and even work from home.

[smartcode_project:default project_id=102309 project_image_fid=163984]

Residents of Bide will have access to a variety of amenities, with 600 sqm of facilities spread across two levels. These amenities include BBQ facilities, private cabanas, landscaped areas, and seating throughout.

The Newstead address grants city views, while framed floor-to-ceiling windows allow plenty of natural light to spill into every aspect of the homes.

Perhaps the best aspect of Bide is its central location. Residents will be able to enjoy the convenience of having Gasworks Plaza, James Street, and Newstead River Walk all within a stroll.&nbsp;

Construction is expected to wrap up later this year, with&nbsp;LPS Group handling the build.&nbsp;

[smartcode_project_cta:default project_id=102309]

Bide represents a new way of inner-city living, complete with a range of special inclusions and an urban green space exclusive for residents to relax, unwind, and even work from home

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