<a href="https://www.urban.com.au/developers/far-east-consortium">Far East Consortium</a>’s 640 Bourke Street stands as a testament to&nbsp;<a href="https://www.urban.com.au/developments/melbourne-vic-3000">Melbourne</a>’s ability to bridge its storied past with a bold vision for the future.&nbsp;

Rising above the heritage-listed Eliza Tinsley building, the development reflects a broader shift toward adaptive reuse in the city, where historical assets are retained and reinterpreted as part of new residential development.

Designed by <a href="https://www.urban.com.au/architects/rothelowman">Rothelowman</a>, <a href="https://www.apartments.com.au/new-apartments/640-bourke-street-melbourne-640-bourke-street-melbourne-vic-3000">640 Bourke Street</a> incorporates the Eliza Tinsley building as its foundation, housing a grand gallery and lobby space that serve as both a functional and symbolic centrepiece. The heritage façade informs the tower’s design, creating a connection between Melbourne’s past and its contemporary skyline.

"It's a significant asset and wants to be celebrated and experienced by all residents every single time they go in and out of the building," Rothelowman Principal Stuart Marsland said.

[smartcode_project:default project_id=509 project_image_fid=365684]

Above this historic base, the 68-storey tower will deliver just over 600 residences, a notable reduction from earlier schemes, reflecting a deliberate move toward larger-format apartments and a stronger owner-occupier focus.

Unlike traditional CBD developments that prioritised investor stock, 640 Bourke Street has been repositioned to respond to changing buyer expectations.

"The discussion was all around making 640 Bourke Street the best residence to live in, to be much more focused on the people in the building rather than people looking at the building," Marsland explained.&nbsp;

This shift is evident in the development’s interiors, which emphasise practical luxury with spacious layouts, high ceilings, and floor-to-ceiling windows framing sweeping views of Melbourne and Port Phillip Bay.&nbsp;

“What it's meant for 640 Bourke is we've actually reduced the number of apartments. We've increased the overall size of the apartments. We don't have any studios in here, and what that does for a project is it elevates it," Lauren Sheldon, Far East Consortium’s Director of Sales and Marketing, said.&nbsp;

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Rothelowman Associate Jun Chang added, "We were given the opportunity to be more generous. The apartments became bigger and squarer than any other apartments which had been designed in the CBD before that."&nbsp;

Amenities spanning more than 3,000 sqm across multiple levels further reinforce this focus on resident experience. These include a pool, gym, co-working areas, and a range of hospitality-inspired spaces such as a whisky lounge, library, and private dining rooms, many drawing reference from traditional bathhouses and Melbourne’s laneway culture.

"We wanted to make both the pool and the gym area to be absolutely destinational, and when you traverse across to these spaces, there is a gentle familiarity to the beautiful notions of the hammams and the Roman baths, a gentle nod to history," Chang noted.

At street level, the project contributes to the ongoing transformation of the western CBD, with upgrades to Langs Lane and the introduction of retail, hospitality, and gallery spaces designed to activate the precinct and strengthen its connection to the surrounding city fabric.

[smartcode_project:default project_id=509 project_image_fid=365689]

The location places residents within walking distance of Southern Cross Station, Flagstaff Gardens, Queen Victoria Market, and the Docklands waterfront, positioning the development within a rapidly evolving inner-city neighbourhood.

"We believe it's the best site left in the city of Melbourne," Craig Williams, Executive Director at Far East Consortium, said.&nbsp;

640 Bourke Street is Far East Consortium’s 14th building in Melbourne’s western CBD.

"A very elegant designed building. It's going to be a Melbourne statement for many, many years to come."

One-bedroom apartments are priced from around $640,000, with 640 Bourke Street targeting completion in 2029.

Renders shown are Artist's Impressions correct as of May 2026.

[smartcode_project_cta:default project_id=509]

Joel Robinson

Heritage-led design anchors Far East Consortium’s 640 Bourke St, Melbourne

<a href="https://www.apartments.com.au/developers/mayd-group">MAYD Group</a> has set a new residential price record in Queensland with the $30 million sale of the penthouse at its <a href="https://www.apartments.com.au/new-apartments/one-burleigh-88-the-esplanade-burleigh-heads-qld-4220">ONE Burleigh</a> development in Burleigh Heads.

The sale equates to around $37,500 per sqm.

The two-level, 800 sqm penthouse, featuring five bedrooms, five bathrooms, five car spaces, and a private infinity pool overlooking the Pacific Ocean, was acquired by a Gold Coast-based entrepreneur, highlighting continued demand for ultra-premium beachfront product.

Selling agent Freddie Tehle of PRD Burleigh Heads said the result reflects tightening supply of high-quality, large-format apartments in Burleigh.

“There’s very limited opportunity to secure this level of scale and absolute beachfront position in <a href="https://www.apartments.com.au/developments/burleigh-heads-qld-4220">Burleigh Heads</a>,” Tehle said.

“Buyers are increasingly seeking apartments that genuinely replace a standalone home, and this penthouse delivers that with its size, privacy, and direct ocean frontage.”

[smartcode_project:default project_id=146358 project_image_fid=323057]

The sale comes as construction progresses on ONE Burleigh, a boutique development of 17 full-floor residences at 88 The Esplanade, scheduled for completion in early 2027.

Developed by MAYD Group and designed by <a href="https://www.apartments.com.au/architects/mas-architecture-studio">MAS Architecture</a> with interiors by <a href="https://www.apartments.com.au/interior-designers/sici-design">Sici Design</a>, the project has been positioned as a collection of house-sized beachfront apartments, each occupying an entire floor with around 381 sqm of internal and external living space.

When construction commenced, MAYD director Todd Mould pointed to the long-term resilience of premium coastal real estate as a key driver behind the project.

“Real estate, particularly at the premium end, remains one of the most resilient and proven long-term investment avenues,” Mould said.

“Our ambition is that anyone who buys a MAYD-built product can genuinely feel the care, craftsmanship and commitment we bring to every detail.”

[smartcode_project:default project_id=146358 project_image_fid=323055]

Each residence has been configured with four bedrooms, multiple living zones, a private office, and expansive ocean-facing terraces. Interiors draw on a restrained material palette, including travertine stone, timber joinery, and integrated premium appliances.

Interior designer Sici Design said the approach was to reflect the project’s coastal setting through both materiality and spatial planning.

“ONE Burleigh is our vision of luxury living, designed to bring the essence of Burleigh Heads' vibrant coastal beauty into an unparalleled residential experience.”

Residents will have access to a suite of wellness-focused amenities, including pools, sauna facilities, and dedicated relaxation spaces, reflecting a broader shift toward lifestyle-driven apartment design on the Gold Coast.

[smartcode_project:default project_id=146358 project_image_fid=323052]

The project occupies a southern Esplanade site with uninterrupted beachfront frontage, an increasingly rare offering in Burleigh Heads, free from the Norfolk Pines that line much of the coastline and often limit direct ocean outlook.

Mould said the design intent was to balance that outlook with a sense of retreat.

“Living at ONE Burleigh is about how your day naturally unfolds, morning light across the ocean, coffee on the balcony, and being in Burleigh but elevated above the noise.”

The result further reinforces Burleigh Heads’ emergence as one of the Gold Coast’s most tightly held and supply-constrained beachfront markets, where boutique, owner-occupier-focused developments are increasingly setting new price benchmarks.

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MAYD Group sets Queensland record with $30 million penthouse sale at ONE Burleigh in Burleigh Heads

Apartment developers in the Gold Coast are finding new, creative ways to differentiate themselves from competing projects, as new supply starts to flow through up and down the Coast.

Developer BIG Projects brought in the renowned Sydney-based design studio YSG Studio to craft the interiors for The Frederick, BIG Projects' new Mermaid Beach project and YSG Studio's first move into the multi-residential development space.

[smartcode_project:default project_id=110588 project_image_fid=5346]

It was a strategic move for BIG Projects to bring in a Sydney eye to the development.

“Our role is to give our design partners the space and freedom to explore,” says Matt Barrett, Director of BIG Projects.

“We wanted YSG Studio to capture the essence of Nobby’s, to design a building that embraces life, light and connection, while creating a genuine sense of place.”

There are only 39 apartments in The Frederick, including a striking beach house, just 100 metres from the booming Nobby Beach precinct.&nbsp;

[smartcode_project:default project_id=110588 project_image_fid=5347]

Yasmine Ghoniem, Director of YSG Studio, says their vision&nbsp;for The Frederick "reinvents coastal living."

“Nobby’s has such an iconic energy, it’s one of those rare pockets of the Gold Coast where the community, the beach, and the streets all feel connected,” Ghoniem says.

"Responding to the neighbouring coastline, soothing curves add a relaxing regional overlay, while unique detailing really sets it apart. It’s a place that feels lived in from the moment you step inside.”

A standout feature of The Frederick is its rooftop terrace, an uncommon inclusion for a boutique, low-rise building, where amenity is typically concentrated at ground level.

[smartcode_project:default project_id=110588 project_image_fid=5360]

Positioned to capture panoramic views from the hinterland to the ocean, the rooftop has been designed as a series of intimate zones. It includes a pool, sauna, sun decks, workspaces and dedicated entertaining areas.

“The rooftop was conceived as a collection of spaces where residents can unwind and connect, an extension of the Nobby’s lifestyle,” Barrett says.

Architecture for the project was led by Plus Studio, with landscape design by LDG Landscape Architecture.

SRQ Projects Director Nick Clydsdale, who is handling sales at The Frederick, says the majority of enquiry is coming from South East QLD and Victorian buyers who have been actively searching between Broadbeach and Mermaid Beach for some time.

"They’ve reviewed a number of projects, however this one has stood out for its unique detailing and compelling design,"&nbsp;Clydsdale says.

Site demolition is slated for this month, with construction commencing soon after. BIG Projects is targeting a late 2027 completion.

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Sydney’s YSG Studio makes Gold Coast multi-residential debut with BIG Projects at The Frederick

Melbourne-based property developer ALTA Property has this week achieved planning approval for the adaptive re-use of a former commercial tower into a $200 million, 169-apartment project at 10 Queens Road, one of the last developable sites along the Albert Park Lake-fronting boulevard.&nbsp;

Set within one of Melbourne’s most sought-after precincts and designed by <a href="https://www.apartments.com.au/architects/fraser-partners-0">Fraser and Partners</a>, the illustrious building will offer unparalleled views across Albert Park Lake, Port Phillip Bay and Melbourne CBD.&nbsp;

The mix of 1, 2 and 3-bedroom residences will be complemented by a ground-floor amenity featuring private dining, a lounge bar, gym and wellness spaces, co-working, outdoor communal gardens, and retail.&nbsp;

The 17-storey building is a masterclass in adaptive re-use, with the existing commercial building’s façade, shell and internal structure to be retained, before high-end residences are built from the ground up in a newly built Albert Park facing addition to the building.&nbsp;

Sitting atop the building will be two 320+sqm penthouses with private rooftop terraces, which are expected to be priced between $9 - $11 million.&nbsp;

<img alt="ALTA Property achieves permit approval for $200 million Queens Road tower" data-entity-type="file" data-entity-uuid="aa11211b-5581-43f9-940c-fc84d30a0e61" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/C_04.png?VersionId=Yhf5p_1EgGDu_zOIMFgvA8Ug8j3sTFQs" />

Architecturally, the building will feature a curved, geometric façade that celebrates and elevates the existing structure, with warm, muted tones which were selected to extend the materiality of the existing building rather than contrast it.&nbsp;

Interiors will bring together three metre high ceilings with waffle concrete in some spaces, natural timber, granite and Australian materials, culminating in crafted, generous and considered spaces that are defined by authenticity.&nbsp;

The adaptive re-use means that the Queens Road project will be a sustainability led, high-quality finished product, with a 62% saving in carbon emissions by re-using the existing structure rather than knocking it down and rebuilding.&nbsp;

ALTA Property was launched by Nigel Givoni in 2023, bringing over 25 years of experience in multi level residential delivery.&nbsp;

Melbourne’s property market growth is currently led by apartments. According to RPM VIC Apartments &amp; Townhomes Market Report (April 2026), units are outpacing houses, especially in the middle ring suburbs where median prices hit $757,500 – a four-year high that represents 2.9 percent growth quarter-on-quarter.&nbsp;

<img alt="ALTA Property achieves permit approval for $200 million Queens Road tower" data-entity-type="file" data-entity-uuid="647e13d7-b4bc-433a-9bc9-fe3c3dd4f2ec" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/V_06.png?VersionId=ou4NUCWUgA3NAy.6CQJlEdKX50j3dOk6" />

For ALTA Property Founder Nigel Givoni, this performance speaks to the confidence he has in the Melbourne market.&nbsp;

“Queens Road represents a rare opportunity to continue to shape our presence in the Melbourne market.,"&nbsp;Givoni says.

"With a considered project team and a premier site along one of the city’s most sought-after boulevards, we look forward to contributing to the fabric of this established address.

“Other Australian markets are getting a lot of attention, but I believe the depth of value in Melbourne is being overlooked. The fundamentals are strong, population growth is steady and, based on our preliminary conversations with a leading builder, construction costs are beginning to normalise, creating further opportunity."

Givoni says the project is a&nbsp;highly considered example of adaptive re-use, delivering quality, high-end residences, premium hotel-inspired amenities and an architecturally striking façade, all achieved without the need to remove the existing structure.

"We are really looking forward to the market’s response,” he said.&nbsp;

ALTA Property to deliver $200 million Queens Road apartment tower

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.

[smartcode_project:default project_id=150128 project_image_fid=366285]

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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Construction to commence at luxury Glen Iris townhome project, Orchard Mews

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?

Construction has begun on the Alexandra Collection, a set of 11 luxurious single-level residences located in the heart of South Yarra's Como Hill.

In a joint venture, Cbus Property and Sterling Global appointed Hacer Group to construct the latest release in Como Terraces, with the Alexandra Collection slated for completion in early 2024.&nbsp;

The single-level residences bring a mix of two and three-bedroom floorplans to the development, where there are only two residences per level, set across three low-rise buildings designed by Carr.&nbsp;

[smartcode_project:default project_id=112238 project_image_fid=208348]

Designed to provide inner-city living reimagined with a strong emphasis on nature, the homes are set amidst a mix of native and exotic landscapes by Taylor Cullity Lethlean (T.C.L) that blend seamlessly into the architecture.

Each of the residences in the Alexandra Collection offers generous proportions and abundant natural light with internal areas of up to 294 sqm, individually designed in a palette of neutral tones, including rammed earth, textured concrete, natural stone, and timber.

Expansive balconies and terraces flow from the light-filled interiors, with a selection of the homes offering extended private gardens.&nbsp;

Inside, the residences feature large Travertine stone benchtop island benches in each expansive kitchen, as well as Swiss-made V-ZUG appliances and integrated fridges.

Home-like amenity is also on offer in the Alexandra Collection, with a residents' lounge area and private dining room, as well as dedicated concierge providing a range of services delivering the utmost in convenience.&nbsp;

[smartcode_project:default project_id=112238 project_image_fid=208340]

Situated within the enviable locale of South Yarra, the apartments give the opportunity to embrace the best of riverside living, oriented to enjoy frontage to South Yarra's coveted tree-lined Alexandra Avenue, while also enjoying north-facing views to the Yarra River as well as to the exclusive Como Hill precinct.&nbsp;

The Alexandra Collection is also just a four minute walk to Chapel Street and Toorak Road, which delivers an array of cafes, restaurants and retail outlets.

[smartcode_project_cta:default project_id=112238]

The single-level residences bring a mix of two and three-bedroom floorplans to the development, where there are only two residences per level, set across three low-rise buildings designed by Carr. 

Construction begins on South Yarra's Como Terraces latest release

International property developer Gamuda Land is bringing first-to-market sustainability innovations to its South Melbourne apartment development, The Canopy.

Built-in energy harvesting technology as well as a micro-forest urban park are set to redefine sustainable living as well as reduce hot water bills for its residents.

Located at 272 Normanby Road, The Canopy on Normanby will be home to Melbourne’s first Ground Source Heat Pump (GSHP) with an energy pile system in a residential setting. The GSHP is set to generate five to 10 per cent of the building's energy requirements.

The project will be home to additional carbon-reducing infrastructure such as the 86KW PV solar rooftop system, an on-site rainwater harvesting system including a 35kL rainwater tank, circular economy inbuilt recycling infrastructure, and EV charging with onsite car, scooter and bike sharing.

[smartcode_project:default project_id=136970 project_image_fid=208481]

Gamuda Land General Manager Jarrod Tai said the group is utilising the expertise of their global counterparts to bring sustainable energy solutions to Melbourne.&nbsp;

"Onsite renewables are predicted to save residents more than $27,156 cost saving per annum on electricity bills, a reduction of roughly $130 per apartment," Tai said.

"We understand the ongoing struggle for individuals and families as energy costs continue to rise. It is extremely important that we develop these ways to reduce costs for future residents, while significantly decreasing our carbon footprint,” Tai said.&nbsp;

Gamuda Land has appointed architectural firm Hayball Architects, landscape designers OCULUS, sustainability consultants HIP V HYPE, not-for-profit vegetation experts The Heart Gardening Project, Miyawaki forest makers SUGi and Indigenous urban design advisors MURRI : YUL to collaborate on the delivery of the project.

[smartcode_project:default project_id=136970 project_image_fid=208482]

The teams will assist in restoring the biodiversity of the original pre-urbanised site, including Melbourne’s first Miyawaki forest in a residential setting as part of a new 3,000 sqm community park that proposes the permanent closure of neighbouring Johnson Street. These innovations will further complement the development’s efforts of achieving a 5 Star Green Star Rating and 7.5 Average NatHERS rating.

Underpinned by its biophilic design principles, the project will feature three distinct green spaces that are seamlessly integrated through a central biophilic spine that connects the park frontage to its rooftop eco-deck. Japanese-inspired Onsen spas and alfresco entertaining will create a space for residents to relax and connect in their private oasis, indulging in the soothing warm waters while experiencing breathtaking views of Melbourne’s city skyline and Port Phillip Bay.

The reintroduction of endemic and native species throughout the development’s greenery will establish a resilient, climate-adaptive design that focuses on restoring the site’s pre-colonial ecology.

Incorporating elements of the typical Australian backyard, residents will have access to the podium levels lawns, garden beds and herbs grown in communal garden bowls.

Cascading terraces will flow down the space to meet the ground floor gardens and forest where a range of A-grade retail, food and beverage options will occupy the street level.

[smartcode_project:default project_id=136970 project_image_fid=208483]

The extensive commitment to green space also contributes to Gamuda Land’s environmental initiative to plant one million trees by 2023. To date, Gamuda Land has successfully nurtured 612,072 trees in its advanced tree-planting nurseries across the world.

The Canopy on Normanby’s 213 apartments will feature a mix of one, two and three-bedroom apartments priced from $475,000. Interior designs take their inspiration from nature and holistic wellness to create a calming neutral palette that incorporates stone, timber and rich textures.

Apartment depths have been consciously limited to allow for extra natural light and ventilation, which delivers high levels of daylight penetration to 95 per cent of apartment living and bedroom spaces. Private balconies will extend the open living areas with windows carefully placed to ensure crossflow ventilation and prioritise outdoor space for each resident.

Hayball Director Bianca Hung said they used a clean, calming palette of materials for the project.&nbsp;

“Our goal was to create the perfect balance between the natural and the built form, creating open, bright and functional spaces that complement the project's biophilic design with generous balconies that will provide panoramic views of the surrounding greenery”, Hung said.&nbsp;

The new development will help address Melbourne’s growing population and the increased demand for apartment living with 213 apartments across twenty storeys and will be in the rapidly evolving Fishermans Bend precinct, known as Australia’s largest urban renewal project.

Construction on the project is expected to commence in mid-2023 with anticipated completion by Autumn 2025.

[smartcode_project_cta:default project_id=136970]

Gamuda Land General Manager Jarrod Tai said the group is utilising the expertise of their global counterparts to bring sustainable energy solutions to Melbourne. 

Gamuda Land bring first-to-market sustainability innovations to South Melbourne's The Canopy

Melbourne-based developers ICD Property will transform the city's skyline with their currently under construction tower, Aspire Melbourne.

Overlooking some of the city's most sought after views, the slender tower will soar 211 metres above Flagstaff Gardens when completed later this year. It will bring a much needed supply of 565 apartments, a mix of one, two and three-bedroom units. A number of the lower level apartments have already settled, as construction approaches its latter stages.

Merging the golden epoch of the past, the architects at Elenberg Fraser have designed Aspire to bring a new chapter to Melbourne's history.&nbsp;

[smartcode_project:default project_id=2575 project_image_fid=79454]

Designed with a unique curved structure, the building features floor-to-ceiling glass and a bulging shape near the top, creating a facade that draws in light from every angle.

The convex and concave details accentuate the curvature of the tower, making it a magnificent sight to behold.

The apartments feature natural material selections with light and restrained colour palettes, which allow residents to connect with the delicate forms and textures.

The bespoke metal elements in the apartments reference precious metals from the gold rush era, while the split-stone surfaces hint at the verdant nature of the surroundings.

Aspire Melbourne's internal design makes it feel like a small and intimate complex, with separate lobbies and common areas designated for different residences. On offer to residents will be an indoor pool, spas, a gym, multiple private dining and lounge areas, a library, meeting rooms, and co-working spaces.

[smartcode_project:default project_id=2575 project_image_fid=79462]

Aspire Melbourne is located in the heart of one of Australia's most vibrant cities, with an array of cafes and restaurants just steps from the tower, while there's also nearby sport and culture precincts, such as Marvel Stadium and the National Gallery of Victoria just moments away.

One-bedroom apartments are priced from&nbsp;$564,500, while the two-bedders start at just over $1 million.&nbsp;

The three-bedroom apartments at Aspire are the only offering to include a car space, with prices from&nbsp;$1.675 million, while a more spacious three-bed, three-bathroom and three car space apartment spanning&nbsp;291 sqm has a price tag of $5.2 million.&nbsp;

[smartcode_project_cta:default project_id=2575]

Merging the golden epoch of the past, the architects at Elenberg Fraser have designed Aspire to bring a new chapter to Melbourne's history

ICD Property's Aspire Melbourne to transform city skyline

Melbourne's bayside area is known for its beaches, vibrant cafes and restaurants, and beautiful parks. It is a highly sought-after location that offers residents the perfect balance between urban and natural living.

Longstanding developer Sunkin Property Group recently completed the build of their bayside Brighton apartment development, 448 Brighton. And they're ready to open the doors to the public to sell the remaining apartments.

The grand opening this Saturday April 15th from 12pm to 4pm will showcase a number of display apartments, styled by Coco Republic and The Plant Society.

Canapes and cocktails will be served on the communal rooftop while special guest speakers Andrew Leoncelli from CBRE and Coco Republic discuss the project.

[smartcode_project:default project_id=31946 project_image_fid=211968]

448 Brighton comprises just 20 apartments, including three penthouses that offer the epitome of refined living.

The creative name for 448 Brighton stemmed from both the address, 448 St Kilda Street, and its proximity to the beach, exactly 448 metres.

The project is located at&nbsp;the gateway to the Golden Mile and sits opposite Elsternwick Park.&nbsp;

448 Brighton has been crafted by the award-winning team of SJB Architects and Jack Merlo Landscape Architects. The focal point of the apartments are the central kitchens, which feature natural marble stone benchtops, kitchen appliances by Gaggenau and Bora, and Astra Walker eco brass finish tapware.

Each residence is thoughtfully designed to offer a house-sized layout and an abundance of natural light, creating spaces that elevate life and wellbeing.

The penthouses feature private expansive rooftop terraces, with established gardens by Jack Merlo, where residents can take in the water, park and Melbourne CBD views. The ground floor apartments feature individual private entries at street level.&nbsp;

[smartcode_project:default project_id=31946 project_image_fid=211969]

CBRE Residential are handling the sales of the ready to move in apartments, where prices start from $1.4 million for a two-bedroom, two-bathroom apartment with one car space.

Two-bedroom apartments with two car spaces are priced from&nbsp;$1.74 million, while three-bed apartments start from just over $2 million.

There's a three-bedroom plus study space penthouse which is priced at $5.18 million. A four-bedroom penthouse comes with a price tag of $7.55 million. That offers a flexible fifth room, suitable for a home theatre or entertaining. Three parking spaces also come with the larger penthouse.

[smartcode_project_cta:default project_id=31946]

The grand opening this Saturday April 15th from 12pm to 4pm will showcase a number of display apartments, styled by Coco Republic and The Plant Society.

Sunkin to host grand opening weekend at completed 448 Brighton apartments

Property developer Orchard Piper has progressed its plans to develop a $120m mixed-use development in Melbourne’s most affluent streetscape, Toorak Village.

They've received planning permission for the consolidated land holdings at 109 Mathoura Road and 420-426 Toorak Road, which is set to offer just nine apartments and three levels of office space. Orchard Piper will relocate their HQ to the top floor.

Orchard Piper, led by Luke McKie and Rick Gronow, are expected to commence construction in a few months. The project received its permit with unanimous support from the City of Stonnington and no further appeals lodged by the community.

“We are very encouraged by Council’s positive response to the project and their interest in supporting high-quality architecture in the municipality," McKie says.

"This approval will transform a key corner of the Village and make a significant contribution to the streetscape, further driving the Villages’ ongoing resurgence,” says Orchard Piper Director.

The green light for the Toorak Village project marks Orchard Piper’s evolution toward more significant, mixed-use development, appointing internationally renowned Kerry Hill Architects (KHA), who are most known for their award-winning luxury hotel and resort portfolio which includes several Aman Resorts destinations in New Delhi, Tokyo, Kyoto and Shanghai. It will be KHA's first project in Victoria.

“Together with KHA, we are highly conscious of the impact the built form has on community and its enjoyment of streetscapes and surrounds," Mckie added.

"We take pride in our work and hope this quality addition to Toorak will be an asset for generations to enjoy."

Adding to Orchard Piper’s $1.1 billion portfolio, with $200 million of completed projects in the Stonnington locale alone, approved plans for the corner site will see a six-storey residential building complemented by high-end ground-floor retail and commercial offerings.

<img alt="Orchard Piper Toorak Village" data-entity-type="file" data-entity-uuid="47652e17-724f-406e-b36a-9ab5f6c73af4" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-04-13%20at%208.20.38%20am.png?VersionId=P9wTi9cyta6BVjbJPkHEpJOB2nUxcgBs" /> 
Fronting 109 Mathoura Road, the residential building will offer just nine apartments, each with three bedrooms and a minimum of three side-by-side car spaces. There will be just two apartments per floor.

Separately at 420 Toorak Road will be three floors of premium offices, with a covered retail colonnade activating the street level allowing premium-grade strata office stock to be purchased within the Village for the first time in over two decades.

Already Orchard Piper has sold the whole floor, 400 sqm penthouse, for $12.5 million, to a Melbourne business identity.

“We have received keen interest from our established network in preparation for this project – so much so, that we have been working with the purchaser of the penthouse for a few years now," Orchard Piper Director Rick Gronow says.

"They realise how rare of an offering this project is, and wanted to make sure they secured one of Melbourne’s finest penthouses ahead of the market, based on their previous knowledge of the quality that Orchard Piper delivers.”

Marshall White's Marcus Chiminello, as well as Kay &amp; Burton's Andrew Sahhar, to conjunctionally sell the remaining apartments.

“We’re seeing the high-end prestige market continually performing in a strong manner which defies the general negative commentary created by increasing rate hikes," Chiminello says.

Inventory levels for quality properties are not keeping up with the pent-up demand for downsizers looking for bespoke, lock-up-and-leave apartments in and around Toorak Village,” says Chiminello.

“Stonnington Council is actively investing in the streetscape’s upgrade, and with younger generations coming through there is a lot of interest in securing a piece of the new Village.”

Orchard Piper’s Toorak Village project is one of its four current projects, part of its $800m pipeline scheduled for annual completion over the next five years.

Currently in its design phase, the developer’s subsequent offering for Toorak Village will see a continuation of the developer’s partnership with KHA for a $400m mixed-use development at the <a href="/news/vic/former-site-of-mercedes-benz-toorak-set-for-400-million-transformation">well-known Mercedes Benz Toorak site</a> located at 7-11A &amp; 17-19 Carters Avenue.

The Toorak Village project is set to officially launch to market in the coming months.

<a href="/news/vic/former-site-of-mercedes-benz-toorak-set-for-400-million-transformation">Read more:&nbsp;Former site of Mercedes-Benz Toorak set for $400 million transformation</a>

<a href="/news/vic/orchard-piper-and-carter-group-set-for-300-million-st-kilda-rd-hotel-and-apartments">Orchard Piper and Carter Group set for $300 million St Kilda Rd hotel and apartments</a> 
&nbsp;

Orchard Piper secure planning permit for Toorak Village development as penthouse sells for $12.5 million

Socially conscious developer Nightingale is set to create nearly 300 apartments in the heart of Brunswick, another project in which the affordability-first developer won't be seeking to make a profit.

Nightingale's latest project is across a massive 6,437 sqm site at 17-19 Hope Street, down the road from their successful Nightingale Village.

They're seeking to create five distinguishable buildings, with five different architects tasked with the designs of each.

Hayball,&nbsp;Neeson, Murcutt + Neille,&nbsp;Kennedy Nolan, WOWOWA, and LIAN are the architecture and design studios have put together plans for a building each. They will each have eight levels and between 53 and 58 apartments in each.

Across the project will be 36 studio apartments, 88 one-bed units, 144 two-bedroom apartments, and 14 three-bedders, as well as 219 sqm of street-level retail.

<img alt="Nightingale Building A" data-entity-type="file" data-entity-uuid="404a2227-b0be-4bc1-acce-3e9e63f56d51" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-04-12%20at%2011.35.40%20am.png?VersionId=YlcBkvBS7mZKPoAIhKXCBP3UNRzRLcqt" />Building A by&nbsp;Neeson Murcutt + Neille

Nightingale will be developing the apartments at cost,&nbsp;meaning it that the apartments will be sold for what it costs to procure, design, manage and construct.

Between 10 to 20 per cent of the project will be either affordable or social housing, with a further 20 per cent of the apartments only offered to key worker groups, such as carers, individuals who work in or support the arts and culture industry, or vulnerable members of the community.

Urban planner Hansen Partnership created the Planning Report which was submitted to the Merri-bek Council.

They said the plan aspires to the idea of the 20 Minute Neighbourhood,&nbsp;where most journeys people make, whether to the shops, work or development, do not exceed 20 minutes.

"To reach this aim, development is encouraged in well-serviced areas close to public transport options," the report stated.

<img alt="Nightingale Building C" data-entity-type="file" data-entity-uuid="19adb024-a85d-4c1a-8944-c84c62772294" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-04-12%20at%2011.37.07%20am.png?VersionId=_rl1UhwhdN4w2leO7tzTGenyGdoZ.kI3" />Building C by WOWOWA

"Given the subject site is located on the edge of an activity centre, within walking distance of Anstey Station, it is an ideal location to accommodate medium density residential development."

There will be 15 car share pods to encourage a lifestyle without a car, and 464 bike spaces.

Each building will have an indoor community room for residents, as well as a rooftop garden and communal terrace with generous landscaping.

Nightingale will also create&nbsp;2,750 sqm of open space, which will include Linear Park.&nbsp;The northern entry to the park will be marked by a pavilion surrounded by indigenous species that are a calendar of sorts to the seven seasons of the Wurundjeri Woi-wurrung.

In addition to the park, the precinct also proposes a large open space in between the east and the west side of the buildings “the Courtyard” and another open space to the east of the buildings “the Backyard”.

<img alt="Nightingale 17-19 Hope Street Brunswick" data-entity-type="file" data-entity-uuid="1a5996f7-8a40-4b32-8020-30b7985fa87f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-04-12%20at%201.31.00%20pm.png?VersionId=WngJI9BqwQ0_av_Gr8zxuxtkhx61Mj.." />All of the buildings proposed

&nbsp;

Hansen noted in the planning report that the&nbsp;character of the area has changed over the last few years, the largely industrial precinct giving way to a more mid-rise, residential form.

"The cul-de-sacs created by the Upfield Train line and the large industrial lots together have provided the ideal context for this transformation of Brunswick into a beacon of architecturally-conceived, pedestrian-focused mid-rise development," Hansen said.

"The success of not only single building mixed use developments, but also entire precincts, has shown that there is a significant desirability within the Brunswick, Merri-Bek and Melbourne communities to live in accessible, sustainable and communal developments."

Nightingale has had success in Brunswick before with the recently completed Nightingale Village. Banco Group's East Brunswick Village precinct is under construction, as is&nbsp; Assemble's 4 Ballarat Street.

Mirvac and Milieu will also be creating over 500 build-to-rent apartments at their Albert Fields project on the nearby Albert Street.

<h2>Fast Facts 17-19 Hope Street, Brunswick</h2>

<ul>
	<li>Address: 17-19 Hope Street, Brunswick, VIC</li>
	<li>Site area: 6,437 sqm</li>
	<li>282 dwellings</li>
	<li>36 studio apartments</li>
	<li>88 one bedroom apartments</li>
	<li>144 two bedroom apartments</li>
	<li>14 three-bedroom apartments</li>
	<li>Building A -&nbsp;Neeson Murcutt + Neille - 53 apartments</li>
	<li>Building B - Kennedy Nolan - 56 apartments</li>
	<li>Building C - WOWOWA - 58 apartments</li>
	<li>Bulding D - Hayball - 58 apartments</li>
	<li>Building E - LIAN - 57 apartments</li>
	<li>219 sqm of retail</li>
	<li>15 car share pods</li>
	<li>464 bike spaces</li>
	<li>2,750 sqm of open space</li>
</ul>

Nightingale's latest project is across a massive 6,437 sqm site at 17-19 Hope Street, down the road from their successful Nightingale Village

First look: Nightingale plan not-for-profit Brunswick apartment development

New Melbourne developer JMSN has lodged plans for its first residential apartment development in the heart of Fitzroy.

JMSN, led by Sam Jamieson, is seeking to develop a six-level building at 227 Napier Street, Fitzroy, a 394 sqm site which they acquired mid-last year.

The plans are for just 10 apartments, four two-bedroom units and six three-bedders, with internal living spaces ranging from around 120 sqm to the 205 sqm whole floor penthouse, which has has two living areas, two balconies, and a private roof terrace.

<a href="/architects/warren-and-mahoney">Warren &amp; Mahoney</a>, who are well known for their interpretation of designs with a heritage element, have handled the architecture, noting the project vision is supported by a high quality architectural design response that will see the development fit within its context - neighboured by highly praised and awarded multi-residential developments.

"JMSN is heavily influenced by European heritage architecture and global street culture - delivering a residential building that takes influence from the area’s hospitality and retail offering while also paying tribute to beautiful heritage homes and materiality," Warren &amp; Mahoney noted in the Urban Context Report submitted to the Yarra City Council.

To be alerted when 227 Napier Street hits sales, <a href="/new-apartments/ns227-fitzroy-227-napier-street-fitzroy">enquire here</a>.

<a data-entity-type="file" data-entity-uuid="ec9b9748-b543-433f-9967-369a581a3338" href="/new-apartments/ns227-fitzroy-227-napier-street-fitzroy"><img alt="227 Napier Street" data-entity-type="file" data-entity-uuid="ec9b9748-b543-433f-9967-369a581a3338" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-04-11%20at%209.38.54%20am.png?VersionId=zLTt57Bx6cAbwu4.JTtQBPeY4E2mimsO" /></a>

"227 Napier Street is in the heart of Melbourne’s coolest suburb - Fitzroy - and is surrounded by other award-winning and highly revered multi-residential developments."

Milieu's 231 Napier Street and Whitlam Place are just a few doors down, as is Dealcorp's CF Row, designed by Woods Bagot.&nbsp;

"The development will be a good neighbour," the architecture firm suggested.

"A good neighbour to its context in that it respects the architecture that is already there; in that it reflects the historical development of the area; in that it seeks to provide cohesion between the buildings already on the block; and in that it provides high quality and higher density living option for Fitzroy residents. It is a building that you want to be in your community; it’s a good neighbour."

The project will feature a large light well, another nod to neighbouring buildings. The large void will create a large courtyard in the middle of the building to ensure apartments get good access to natural light.

"The building seeks to be timeless - built with natural materials and a formality that doesn’t date, as if it has always been there."

The building will sit less than 200 metres from tram stops for the 11 and 86 lines, while bicycle routes line Napier and Brunswick streets.

To be alerted when 227 Napier Street hits sales, <a href="/new-apartments/ns227-fitzroy-227-napier-street-fitzroy">enquire here</a>.

<a data-entity-type="file" data-entity-uuid="f1ce00e7-8cd3-4b9f-9329-72ed47aa46a3" href="/new-apartments/ns227-fitzroy-227-napier-street-fitzroy"><img alt="227 Napier Street" data-entity-type="file" data-entity-uuid="f1ce00e7-8cd3-4b9f-9329-72ed47aa46a3" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-04-11%20at%209.44.21%20am.png?VersionId=wL3HBJumHgWI0pnED7LDN1ta.RH_D0Cy" /></a>

There was a pre-application meeting held in October, with planning consultant Tract noting the comments in the meeting were&nbsp;overwhelmingly positive, particularly in regard to the high level of internal amenity afforded through generous voids and lights courts, and the considered response to massing and articulation of form in response to adjoining buildings.

"The development plans were subsequently refined with a focus on the interface of the building with Napier Street and as guided by consultant input in relation to ESD, waste, traffic, heritage, landscape, wind and acoustic considerations," Tract's planning report read.

When securing the site last year, Sam Jamieson said that "securing the A-grade site in a suppressed market, coupled with a market wide undersupply of apartment developments, gives them supreme confidence in this investment opportunity.

"You&nbsp;only have to look at the success of the neighbouring multi-award-winning developments to see the great results so far," Jamieson said. 
 
"We look forward to sharing the JMSN vision and executing a boutique residential apartment development that will align with the community and stand the test of time."

Fitzroy has been a popular spot for larger, owner-occupier focused apartments in recent years.

Veteran Melbourne developer Piccolo has just launched <a href="/new-apartments/a-piccolo-house-gore-st-fitzroy-385-gore-street-fitzroy">A Piccolo House</a> on Gore Street, while Pace, who are developing The Darley on Flemington Racecourse, will launch their heritage-focused Fabbrica later this year.

JMSN, led by Sam Jamieson, is seeking to develop a six-level building at 227 Napier Street, Fitzroy, a 394 sqm site which they acquired mid-last year

First look exclusive: JMSN file plans for first apartment development in Fitzroy

As Melbourne's population continues to grow, the city is witnessing an emergence of urban neighbourhoods that are transforming the way people live, work and play. One hot on the list is West Melbourne.

With a population growth rate of 5.8 per cent projected by 2031, it is no surprise that developers are investing in the area, with developer JT Rosslyn the latest to join the ranks.&nbsp;

JT Rosslyn has taken inspiration from the history of the suburb, blending the old with the new at their latest development, Felton &amp; Grimwade.

Completion on the project is set to conclude in May. Prices for the remaining one-bedders start from $545,000. Two-bedroom apartments with one-bathroom are priced from $657,500, while two-beds with two-bathrooms start from $1,365,000.

<h2>A Rich History</h2>

The building that is now Felton &amp; Grimwade has a rich history that dates back to 1942, when it served as a home to Felton, Grimwade &amp; Co. during World War II.

[smartcode_project:default project_id=4522 project_image_fid=208466]

Founded in 1902, the company started as wholesale druggists and soon expanded, building a factory on Flinders Street and a three-storey warehouse on Flinders Lane.

They were also responsible for selling Australia's first true export, Eucalyptus Oil. Today, the building has been transformed into 30 boutique residences across seven levels, each one reflecting the contemporary style of modern-day West Melbourne.

<h2>The Design</h2>

CHT Architects handled the designs for Felton &amp; Grimwade, keeping the facade of the original building while seamlessly integrating it within the industrial architecture of West Melbourne.&nbsp;

[smartcode_project:default project_id=4522 project_image_fid=208469]

The kitchens and sleek bathrooms are designed with function in mind, while the light-filled master bedrooms adapt to each resident's lifestyle, with clean lines, flowing spaces, and a mix of natural materials including timber flooring, stone benchtops, and splashbacks.

The living areas provide an ideal vantage point to experience views of Melbourne's cityscape while expansive windows throughout the home allow for plenty of natural light, creating a tranquil inner-city escape from the hustle and bustle outside.

Residents will also be able to take in views of the city skyline from the crowning communal rooftop terrace, which features an array of seating options, barbecue facilities and landscaped gardens.&nbsp;

[smartcode_project:default project_id=4522 project_image_fid=208471]

Sustainability is at the forefront of the design too, with energy-efficient appliances, a two-way waste chute, electric car charging station, and a rainwater tank incorporated,&nbsp;lowering utility bills and minimising environmental impact.

<h2>The Future of West Melbourne</h2>

With the West Melbourne Structure Plan in place, the area is set to undergo further development, with the character and heritage of local buildings maintained while Spencer Street transforms into a new high street precinct.

[smartcode_project:default project_id=4522 project_image_fid=208468]

The proposed extended tram network and metro tunnel will improve public transport options, making it even easier to explore all that Melbourne has to offer.

<h2>Inner-City Convenience</h2>

Felton &amp; Grimwade is located just a short stroll from a number of inner-city conveniences, with the neighbourhood brimming with local amenities and excellent transport links including trains and trams, while also being just a short distance from the CBD.

Flagstaff Gardens is under a five-minutes walk, with the tranquil inner-city escape the perfect place to enjoy nature and a spot of sunshine, while the Queen Victoria Market is also just a stone's throw from the steps of the site, offering fresh produce and unique culinary delights every day of the week.

The Queen Victoria Markets are also currently undergoing a $250 million dollar redevelopment, which means the atmosphere and offerings at the iconic Melbourne institution are only set to improve in the coming years.

[smartcode_project_cta:default project_id=4522]

West Melbourne apartment development Felton & Grimwade set to welcome residents by June

Apartment buyers are continuing to head back to the Melbourne CBD in droves, following the COVID-induced exodus from the city a number of years ago.

Urban.com.au data found the Melbourne 3000 postcode was the most popular suburb across Victoria in March, particularly for first home buyers. The CBD, and surrounds, have a number of off the plan and ready to move in apartment developments currently on the market.

We've crunched the numbers and looked at the top three most searched suburbs in Victoria on Urban across March.&nbsp;

<h2>Melbourne</h2>

The Melbourne 3000 postcode was again the most searched suburb on Urban in March, making it the most searched across the quarter.

The growth in migration has seen a number of prospective buyers seek out completed stock, with construction timelines currently fairly problematic, and a rental market as tight as it's even been.

Brady Group's 380 Melbourne has been one of the most popular projects in March. The&nbsp;twin tower project is home to a mix of one, two and three-bedroom apartments, which start from $570,000.&nbsp;

[smartcode_project:default project_id=2064 project_image_fid=210658]

Designed by Elenberg Fraser, the 65-level towers are located in the heart of the city on Lonsdale Street.

The towers also include 300 hotel suits, along with a retail and cafe arcade, which links the development to the public domain through a low-lying podium that resembles a cascading ripple.&nbsp;

An array of resident's only amenity has also been incorporated, with a resident's lounge and a games room with table tennis, air hockey and foosball tables.

[smartcode_project:default project_id=2064 project_image_fid=210654]

There's also a private cinema and karaoke room, along with steam rooms, a sauna, private bar dining and lounge areas, a rooftop garden, 25-metre heated lap pool, and an outdoor terrace with barbecue facilities and seating.&nbsp;

<h2>Southbank</h2>

South of the Yarra River has been another hotspot for buyers across March, with the well-connected suburb known for its vibrant atmosphere, modern architecture, and views of the city skyline.

The most recent collection of apartments to hit the market is the second tower in OSK Property's near $3 billion billion masterplan, Melbourne Square.

[smartcode_project:default project_id=107714 project_image_fid=211874]

The latest release, which follows the recently completed East Tower, comprises 610 one, two and three-bedroom apartments, starting from $521,000.

The tower is one of&nbsp;the first residential projects in Australia registered to pursue WELL Certification.&nbsp;It offers a podium gym, spa, sauna, and a 25 metre indoor swimming pool, as well as a Zen garden, alfresco dining area and BBQ facilities.

The tower is expected to be completed in late 2026.

[smartcode_project:default project_id=107714 project_image_fid=211872]

The most recently completed apartment tower in Southbank is Central Equity's FOCUS, which has proved a popular choice for locals who want to remain near the city while enjoying a neighbourhood feel.

The 50-level building, with a mix of one, two and three-bedroom apartments starting from $499,000, is ideally located on City Road.&nbsp;

[smartcode_project:default project_id=3260 project_image_fid=210866]

Buyers have been sold on the location of FOCUS, which places residents on the doorstep of the arts precinct and its upcoming $1.7 billion revamp.

"Southbank has a leafier feel than the city," Central Equity's Sales Manager Neil Singh&nbsp;says, adding that the suburb still offers all the pros of inner-city living.

[smartcode_project:default project_id=3260 project_image_fid=206134]

"Within minutes, residents can be at the NGV and Arts Centre, or walk less than a kilometre to reach the Queen Victoria Gardens."

<h2>Brighton</h2>

Melbourne's bayside has long been a sought after address for buyers, with more and more developers taking to the idyllic oceanside for their residential developments.

One of the most popular projects is Martin Brighton, a rare offering in the exclusive suburb due to its interiors, which have been crafted by the legendary Miriam Fanning's MIM Design.

Over 40 per cent of its 11 two and three-bedroom apartments have been snapped up. Luxury developer EBG Developments has recently released an incentive offer for buyers. Their discounted five per cent deposit (half of the standard 10 per cent deposit across other projects) - will sit in a high interest account and earn seven per cent per annum, until the project is completed, which is expected to be in early 2024.

[smartcode_project:default project_id=5495 project_image_fid=207664]

One of Brighton's most recently completed projects, 448 Brighton by Sunkin Property Group.

The project has just 20 apartments starting from $1.4 million.&nbsp;

It was designed by renowned architecture firm SJB and sits in landscaped gardens by the equally renowned Jack Merlo.&nbsp;

[smartcode_project:default project_id=31946 project_image_fid=211970]

The kitchens are the focal point of the apartment, featuring a sculpted natural marble stone benchtop and appliances by&nbsp;Gaggenau and Bora.

448 Brighton was named both after its location at 448 St Kilda Street, and its proximity to the beach, just 448 metres. It's on the doorstep of Elwood and Elsternwick Parks and a number of&nbsp;cafes, restaurants and private schools.

We've crunched the numbers and looked at the top three most searched suburbs in Victoria on Urban across March. 

Urban's most popular suburbs for Melbourne apartment buyers in March

The Melbourne unit market saw positive growth over March, as both city-wide and national values look to have bottomed.

Values of units, which incorporates both apartments and townhouses, rose by 0.4 per cent across the capital, according to the latest CoreLogic Home Value Index (HVI).

It followed a pattern of softening declines. January saw values contract -1.1 per cent, before a <a href="/news/vic/city-beat-melbourne-unit-market-insights-for-february">much stronger February of just -0.2 per cent</a>.&nbsp;

Values are now just -0.9 per cent down year to date, and -5.5 per cent annually, considerably better off than the housing market over the last 12 months which declined -10.5 per cent. The Melbourne housing market is too on the recovery, posting 0.6 per cent gains over March.

Projects by Buxton Director Heath Thompson says the March quarter stats&nbsp;are good news, and appear to be showing that the market has either bottomed out or is very close to it.

"There is no doubt that the prices have been protected by record low stock levels but, the lack of new property in the pipeline suggests that rents will continue to increase and demand will be boosted as immigration continues to build and prices of new property will have to increase to support constructions costs," Thompson says.

"The alternative is that new property is simply not delivered which will further inflate the value of the property that exists as the supply and demand balance tips."

[smartcode_project:default project_id=5495 project_image_fid=190763]

Scott Jessop, Sales and Marketing Director Sunkin, who are preparing to launch their 1000-dwelling masterplan in Highett, says the market is boiling up to be a perfect storm.

"When you mix the supply issues with the plight in the construction industry, and the forecasted growth in the immigration, there’s simply not enough housing," Jessop says.

"We’re still around three to four years behind getting back to a sustainable amount of properties being delivered every year.&nbsp;

[smartcode_project:default project_id=31946 project_image_fid=211061]

"VIC has probably been one of the most undersupplied states in the whole country since 2017 when the Labor Government made the stamp duty changes and foreign tax policies. They didn’t listen to every expert, forecaster, developer, and now we have a chronic shortage in housing. If the RBA pause rates then look out.

"I’m very bullish about the Melbourne property market as a whole.”

CoreLogic's HVI showed that Melbourne dwelling values (which incorporates both houses and units), are the closest to pre-COVID levels compared to all of the other capital cities.

Across the country, values were up 0.6 per cent in March, the first rise since April 2022.

Dwelling values were higher across the four largest capital cities and most of the broad ‘rest-of-state’ regions, led by a 1.4 per cent gain in Sydney.

[smartcode_project:default project_id=108019 project_image_fid=210127]

CoreLogic’s Research Director, Tim Lawless, put the rise down to a combination of low advertised stock levels, extremely tight rental conditions and additional demand from overseas migration.

“Although interest rates are high and there is an expectation the economy will slow through the year, it’s clear other factors are now placing upwards pressure on home prices,” Lawless said.

“Advertised supply has been below average since September last year, with capital city listing numbers ending March almost -20% below the previous five-year average. Purchasing activity has also fallen but not as much as available supply; capital city sales activity was estimated to be roughly -7% below the previous five-year average through the March quarter.

“With rental markets this tight, it’s likely we are seeing some spillover from renting into purchasing, although, with mortgage rates so high, not everyone who wants to buy will be able to qualify for a loan. Similarly, with net overseas migration at record levels and rising, there is a chance more permanent or long-term migrants who can afford to, will skip the rental phase and fast track a home purchase simply because they can’t find rental accommodation.”

<a href="/news/vic/city-beat-melbourne-unit-market-insights-for-february">Read more:&nbsp;City Beat: Melbourne unit market insights for February</a>

Projects by Buxton Director Heath Thompson says the March quarter stats are good news, and appear to be showing that the market has either bottomed out or is very close to it

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