Repeat buyers are one of the strongest measures of confidence in any apartment development.

At <a href="https://www.apartments.com.au/new-apartments/era-newcastle-west-124-126-bull-street-newcastle-west-nsw-2302">ERA</a> in Newcastle West, some purchasers are returning to <a href="https://www.apartments.com.au/developers/gwh">GWH</a> after living at the developer's One Apartments. Their decision to purchase again was driven by the quality of life they found after moving into their first GWH home.

Keith Wilton had spent years living in a house in East Maitland before deciding it was time for a change. Apartment living had always been on his radar, but he was selective about what he wanted.

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"I had some boxes I wanted to tick," he says.

Keith points to the open-plan design, generous outdoor areas and considered inclusions as key reasons One Apartments worked for him.

“One of those things was a nice indoor open plan area, but also I wanted a nice outdoor open area that I could entertain on in summer or Christmases or birthdays,” he says.

He also found value in the smaller details, from integrated appliances to shared resident spaces including the pool, cinema and rooftop areas.

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After comparing several developments, he chose One Apartments because of GWH's longstanding local reputation and his own experience working with the developer on a commercial project more than a decade earlier.

"I knew that they were local, that the quality of the build was going to be up there. I'd looked at other apartment complexes around and close by, and I just knew that here was a better decision location wise."

Today, Keith says the move has completely changed how he experiences Newcastle.

"I enjoy living in this location because it's more of a lifestyle change. That Newcastle city living where you can walk to restaurants and bars and even beaches and parks and even shopping across the road."

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Beyond the location, he says it's the sense of community that has surprised him most.

"Everyone loves living here because they chose to live here, but everyone looks out for each other. It's a real great community feel here."

For Aimee and Lyle Goodman, the journey started almost by chance.

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The couple happened to be having coffee in Newcastle when they noticed the site where One Apartments was about to begin construction.

"We were aware GWH was planning a development," Aimee says. "We made one phone call and things moved pretty quickly after that."

As busy business owners, they initially thought apartment living would simply reduce the maintenance that came with larger homes. Instead, it fundamentally changed how they spent time together.

"We actually catch up more as a family now," Aimee says.

"We've had homes with big yards and lots of space, but everyone ended up in different rooms. Here we'll have dinner together, the kids can play, and we spend far more quality time together."

[smartcode_project:default project_id=135096 project_image_fid=356829]

Lyle says their confidence came from GWH's reputation within Newcastle's building industry.

"I know people who've worked across different apartment projects, and whenever GWH came up the feedback was always the same. They're rock solid. They're quality."

That confidence only grew throughout the buying process.

"One of the things that really impressed us with GWH was the whole process, was the communication," Lyle says. "It was consistent, it was regular, there was no problem if we had some weird questions, there was no problems in getting answers."

[smartcode_project:default project_id=135096 project_image_fid=351104]

Aimee says one moment stood out.

"The project actually finished on time. We realised we needed to hurry up and sell our house because everything was happening exactly when they said it would."

The positive experience at One Apartments ultimately gave all three buyers the confidence to purchase again with GWH, this time at ERA.

Their confidence reflects what many buyers are seeking in today's apartment market. Location remains important, but so too does certainty around delivery, quality and long-term liveability.

[smartcode_project:default project_id=135096 project_image_fid=356822]

ERA builds on those foundations with 280 one, two and three-bedroom apartments across two landmark towers in <a href="https://www.apartments.com.au/developments/newcastle-west-nsw-2302">Newcastle West</a>.&nbsp;

Designed by <a href="https://www.apartments.com.au/architects/fk-australia">Fender Katsalidis</a>, the project will include more than 2,000 square metres of resident amenities, including a resort-style pool, gym, sauna, private cinema and rooftop entertaining spaces overlooking the harbour and coastline.&nbsp;

The development is also within walking distance of the Newcastle Interchange, Honeysuckle, Darby Street, the harbour foreshore, restaurants, retail and the city’s beaches, continuing the walkable lifestyle that existing GWH buyers say has transformed how they live.

[smartcode_project:default project_id=135096 project_image_fid=356826]

For Keith, the appeal remains straightforward.

"You feel at home even before you've moved into your home."

For Aimee, the change is measured in time.

“I just felt like I had more time,” she says.

[smartcode_project:default project_id=135096 project_image_fid=351102]

Construction at ERA is now underway, with more than half of the residences already sold and limited two and three-bedroom apartments remaining in the East Tower release. Priced from $980,000 for two-bedroom residences and $1.46 million for three-bedroom residences, buyers can secure an apartment with a 10 per cent deposit, with premium homes offering ocean views from Level 8 and harbour views from Level 10.

ERA is also backed by Resilience Insurance's 10-year Latent Defects Insurance policy, providing protection against structural or waterproofing defects for 10 years after completion. The project is anticipated to be completed in early 2028.

[smartcode_project_cta:default project_id=135096]

Joel Robinson

From ONE to ERA: Why buyers are choosing GWH again in Newcastle West

Virgate Property Group is preparing to commence construction of Verdé, its new apartment development in Melbourne's Arts Precinct at Southbank, following a strong run of sales that has seen more than half of the project's 173 apartments secured.

Verdé has attracted a broad mix of first home buyers, owner-occupiers upgrading from nearby inner-city suburbs and investors, with younger owner-occupier couples aged between 28 and 45 accounting for the strongest enquiry. Many are already living in Southbank, South Melbourne, Albert Park, Port Melbourne, South Yarra and the CBD.

"Verdé is located in one of the most desirable pockets of southern Melbourne," Blair Property Group Director Darren Blair, who is managing sales at Verdé, said.

"It's within walking distance of the Arts Centre, Royal Botanic Gardens, Albert Park Lake, and Southbank's restaurants and retail. It's a great lifestyle location with strong amenity and liveability, which made it a very attractive choice for the project."

[smartcode_project:default project_id=4661 project_image_fid=372549]

Virgate was already familiar with the precinct, having previously delivered the successful Domain House development in neighbouring South Melbourne. That experience gave the developer confidence to acquire the Coventry Street site and continue expanding its presence in Melbourne's inner south.

"We had been keeping an eye on the site and the broader precinct for a few months before deciding to move forward with the acquisition," Virgate said.

The project was ultimately secured in 2020 following feasibility studies, planning assessments and due diligence, with the brief centred on delivering "a high-quality, considered design that feels both refined and fit for purpose."

[smartcode_project:default project_id=4661 project_image_fid=314259]

Designed by <a href="https://www.apartments.com.au/architects/bruce-henderson-architects">Bruce Henderson Architects</a>, Verdé comprises 173 one, two and three-bedroom apartments priced from $599,000. The architecture is distinguished by a faceted glass façade that responds to both the site's outlook and Melbourne's changing light conditions.

According to Bruce Henderson Architects, the coloured glazing gives the building a distinctive identity while also providing privacy and solar shading, with residences oriented to capture views across the bay, city skyline and surrounding parklands.

Inside, <a href="https://www.apartments.com.au/interior-designers/designoffice">DesignOffice</a> has created interiors focused on natural light, efficient planning and enduring materials. Apartments feature engineered oak flooring, natural stone benchtops, floor-to-ceiling glazing and SMEG appliances, while a restrained material palette aims to complement the expansive outlooks rather than compete with them.

[smartcode_project:default project_id=4661 project_image_fid=372550]

Resident amenity has also been designed around everyday functionality rather than occasional use. Facilities include a concierge-serviced lobby, residents' lounge with fireplace, library and co-working space, gym, terrace garden with barbecue facilities, ground-floor café, and package delivery management.

The project's location continues to be one of its strongest drawcards. Positioned on Coventry Street, Verdé sits within walking distance of the National Gallery of Victoria, Arts Centre Melbourne, Royal Botanic Gardens and Albert Park Lake, while Southbank's dining precinct, Sturt Street trams and the new ANZAC Station are all nearby. The surrounding education catchment also includes Melbourne Grammar, Melbourne Girls Grammar, Mac.Robertson Girls' High School and several major university campuses.

The sales team says buyers have responded particularly well to the combination of location, design quality and long-term liveability.

"They're responding really positively to the quality of the design, premium resident amenities and the uninterrupted views. Many also appreciate the location and how connected it is to everything they need."

The ability to secure stamp duty savings before completion has also been a key factor for purchasers, alongside the opportunity to personalise finishes ahead of settlement.

With construction set to commence soon and more than half the apartments already sold, Verdé enters its next phase as one of the Arts Precinct's more established apartment developments, offering remaining buyers an opportunity to secure a residence before construction advances further. Expected completion is scheduled for late 2027.

[smartcode_project_cta:default project_id=4661]

Virgate's Verdé Southbank moves toward construction as sales fly past halfway stage

Downsizer-focused apartment development Kooyongkoot in Hawthorn has been recognised at the 2026 Better Future Melbourne Design Awards, taking home Gold and Silver awards in two categories.

<a href="https://www.apartments.com.au/new-apartments/kooyongkoot-hawthorn-1-kooyongkoot-road-hawthorn-vic-3122">Kooyongkoot</a>, currently being delivered by developer PQD and designed by Cera Stribley, received Gold in the Interior Design – Proposed category and Silver in the Architecture – Proposed category.

The dual recognition reflects the design approach behind the boutique development on prestigious Kooyongkoot Road, where the focus has been on creating homes for downsizers seeking the space, quality and functionality of a detached house within a low-rise apartment building.

Rather than maximising apartment numbers, <a href="https://www.apartments.com.au/developers/pqd">PQD</a> and <a href="https://www.apartments.com.au/architects/cera-stribley-architects">Cera Stribley</a> limited the development to just 18 residences, allowing for larger floorplans, greater privacy, generous landscaping and expansive communal spaces.&nbsp;The majority of the apartments also benefit from corner aspects, allowing for dual sources of natural light.

Now around 70 per cent complete and on track for completion in November 2026, Kooyongkoot will comprise a mix of garden residences, ter​race apartments, sub-penthouses, and is crowned by two half-floor penthouses with direct lift access and private rooftop terraces.

[smartcode_project:default project_id=102717 project_image_fid=355297]

The Silver Award for Architecture recognised the way the building responds to its prominent corner position at the ent​rance to Hawthorn's Scotch Hill precinct, one of Melbourne's most established residential neighbourhoods.

Rather than competing with the grand homes that line Kooyongkoot Road, the architectural approach focused on restraint and longevity, using curved brickwork, generous landscaping and carefully considered proportions to integrate with the existing streetscape.

"The form feels fluid and timeless, as though shaped by the landscape itself – architecture that belongs, rather than competes," said Chris Stribley, Co-Founder and Managing Principal of Cera Stribley.

The judging submission also highlighted practical innovations throughout the building, including lift cores servicing only nine homes each, a central landscaped lightcourt designed to bring daylight and ventilation into the building, and fully enclosed private storage rooms with lighting, power and shelving to better accommodate residents transitioning from larger family homes.

[smartcode_project:default project_id=102717 project_image_fid=355293]

The Gold Award for Interior Design recognised the project's focus on long-term liveability rather than display-home aesthetics.

According to the awards submission, the interiors were designed from the inside out, prioritising how homes would function over decades of daily use through generous proportions, practical storage, durable natural materials and flexible layouts.

The specification includes natural stone throughout, upgraded acoustic glazing, V-ZUG appliances and fully enclosed storage rooms, alongside an amenity offering focused on wellness, entertainment and everyday convenience.&nbsp;

Residents will have access to a gym and yoga studio, a wellness centre featuring traditional and infrared saunas, a cold therapy shower and treatment room, as well as a residents' lounge and golf simulator/cinema room for entertainment.&nbsp;Kooyongkoot has also considered the everyday convenience of its residents by offering a private carwash and pet wash facilities on site as well as dedicated parcel lockers and oversized fully enclosed storage rooms.&nbsp;

[smartcode_project:default project_id=102717 project_image_fid=355303]

The project's attention to detail has already resonated with buyers. Earlier this year, Kooyongkoot recorded one of Boroondara's highest apartment sales when an $8 million penthouse was purchased by a Melbourne CEO downsizing from a nearby family home.

"Every detail feels deliberate, from the overall design down to the smallest touches," the purchaser said.

"The level of quality and refinement is exceptional, but what really sold it was how liveable it felt... It felt like a place where everything had been considered, not just a luxury building."

[smartcode_project:default project_id=102717 project_image_fid=355304]

Sustainability also formed a key part of both award submissions. Kooyongkoot is targeting a minimum 7.5-star NatHERS rating across all residences, supported by passive design principles, high-performance glazing, EV charging infrastructure, water reuse systems and a wellness model focused on lower-energy dry facilities rather than pools and large wet areas.

Located within walking distance of Scotch College, Methodist Ladies' College, Koo​yong Lawn Tennis Club, Aubur​n Village and Camberwell Junction, Kooyongkoot continues to target owner-occupiers looking to remain in Melbourne's inner east without compromising on space or quality. A limited selection of two, three and four-bedroom residences remains available, with prices starting from $1.9 million.

[smartcode_project_cta:default project_id=102717]

Kooyongkoot wins Gold and Silver at Better Future Melbourne Design Awards

New apartment supply has become increasingly constrained across <a href="https://www.apartments.com.au/developments/parramatta-nsw-2150">Parramatta</a> in recent years, with fewer projects progressing through to completion as development conditions have become more challenging.

It makes <a href="https://www.apartments.com.au/developers/novm">NOVM</a>'s 2021-completed <a href="https://www.apartments.com.au/buildings/the-lennox-parramatta-12-phillip-street-parramatta-nsw-2150">The Lennox</a> one of the most recently completed residential towers on the Parramatta River, and among the newest apartment developments in Sydney's second CBD.

With the project largely completed before the sharp escalation in construction costs and inflation following the pandemic, The Lennox is now offering pricing that would be difficult to replicate in a comparable new development in Parramatta today, or across much of Western Sydney.

The majority of the 413 apartments at The Lennox sold before and shortly after completion. A limited release of the remaining apartments has recently been brought to market by capital partner <a href="https://www.apartments.com.au/project-marketer/equitifund-group">Equitifund</a>, with entry-level pricing from $700,000 and two-bedroom apartments available from under $1 million.

Rising above the Parramatta River at 12 Phillip Street, The Lennox comprises one, two, three and four-bedroom apartments, appealing to first home buyers, young professionals, families, downsizers and interstate investors seeking a completed apartment in one of Australia's fastest-growing economic centres.

[smartcode_project:default project_id=5743 project_image_fid=372394]

Rather than positioning Parramatta as an alternative to Sydney's CBD, Equitifund believes the city has reached a point where it stands on its own merits.

"Parramatta is no longer simply an alternative to Sydney CBD, it's becoming a destination in its own right," Equitifund Executive Chairman Greg Huxley said.

"The Lennox captures that evolution with a level of quality and amenity that's difficult to match at its price point."

[smartcode_project:default project_id=5743 project_image_fid=953]

Designed by <a href="https://www.apartments.com.au/architects/marchese-partners">Marchese Partners</a>, the tower responds directly to its riverfront setting through expansive glazing and open-plan layouts that maximise views across the Parramatta River and city skyline. Interiors feature engineered timber flooring, stone benchtops, stainless steel appliances and floor-to-ceiling glazing, while generous balconies extend the living spaces outdoors.

Marchese Partners says the project was conceived to balance high-quality apartment living with practical, long-term functionality, pairing larger, efficient floorplans with amenities more commonly associated with five-star hotels.

That emphasis continues through the resident facilities, which include a 20-metre rooftop swimming pool, fully equipped gym and wellness spaces, full-time concierge, a residents' lounge, function room, private lifts, secure basement parking and rooftop communal areas overlooking the Parramatta River. Ground-floor boardwalk retail and dining further activate the riverfront and integrate the building into the surrounding public realm.

[smartcode_project:default project_id=5743 project_image_fid=925]

Australian housing and finance group Equitifund has secured the remaining apartments, believing there are few completed apartment opportunities in Parramatta that offer the same combination of location, amenity and pricing.

Equitifund National Sales Director Ben Hamblett says buyers are increasingly recognising that premium apartment living no longer needs to come with Sydney CBD pricing.

"The Lennox is where aspirational living becomes attainable," Hamblett said.

"Wake to river and mountain views, step into Sydney's Second CBD, and arrive home to resort-calibre amenities, all without the harbour price tag."

Hamblett says owner-occupiers are also attracted by the convenience of having Westfield Parramatta, Church Street's dining precinct, Parramatta Park, Riverside Theatres, Western Sydney University and major transport connections all within walking distance.

"At The Lennox, lifestyle is not an afterthought, it is the foundation."

[smartcode_project:default project_id=5743 project_image_fid=5374]

The Lennox places residents within walking distance of Parramatta Square, Westfield Parramatta, Church Street Eat Street, Parramatta Station, the ferry wharf, Light Rail, the future Sydney Metro West, Parramatta Park and CommBank Stadium, reinforcing Parramatta's position as one of Australia's most connected metropolitan centres outside Sydney's CBD.

Equitifund says buyers visiting the display suite consistently comment on the quality of the finishes, generous floorplans, river and skyline views, and the walkability of the location. The project has attracted a broad mix of local professionals, upsizers, downsizers, buyers relocating from Sydney's inner suburbs and interstate investors seeking long-term growth opportunities.

That demand aligns with Parramatta's continued evolution as an economic powerhouse. Equitifund Research and Market Insights specialist John Bekiaris says sustained population growth, infrastructure investment and expanding employment opportunities continue to support long-term housing demand across the city.

"Parramatta has evolved from a satellite city into one of Australia's most important economic centres. Population growth, infrastructure investment and employment are all supporting sustained long-term housing demand."

[smartcode_project_cta:default project_id=5743]

The apartment price gap drawing Sydney buyers west

A luxury beachfront apartment at Rainbow Bay has more than doubled in value since it sold off the plan six years ago, setting a new local apartment record in the process.

The three-bedroom apartment in the Flow development on Petrie Street, the first of four new projects locally by Paul Gedoun's S&amp;S Projects, has sold for $7.4 million, after originally selling for $3.27 million when the project launched in 2020.

The seventh-floor apartment, comprising 187 sqm of internal living space and a 54 sqm balcony overlooking Froggies Beach and Snapper Rocks, was purchased by a local family.

The transaction was negotiated by Pezet Matheson director Kerry Pezet and equates to more than $30,000 per sqm.

Pezet said the sale reflected the limited opportunities to buy into the boutique beachfront development.

"The sale highlights the rarity of opportunities within the boutique beachfront development, where residences seldom become available," Pezet said.

"Flow is one of the Gold Coast's most tightly held buildings. Buyers from our database move quickly when residences become available, and achieving an off-market sale at $7.4 million demonstrates the depth of demand for property of this calibre."

<img alt="Flow" data-entity-type="file" data-entity-uuid="c585b206-2130-4eee-a50c-3f27c51a7c70" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-06%20at%208.33.25%E2%80%AFPM.png?VersionId=m3pHRDV62Y3fvN.XQuQHq.52ilTWpRLf" />

Flow was the first of four luxury apartment developments delivered by Paul Gedoun's S&amp;S Projects at Rainbow Bay and was completed in 2023.

Positioned on the beachfront overlooking Snapper Rocks, the residence includes three bedrooms, three bathrooms, a powder room and views stretching north along the coastline towards Surfers Paradise.

Pezet Matheson Residential principal Mitchell Lambert said buyers continued to prioritise quality beachfront apartments in tightly held locations.

"Flow Residences offers a rare combination of elevated beachfront positioning, architectural excellence, comprehensive resident amenity and premium finishes, which is exactly what discerning purchasers are seeking," Lambert said.

"The transaction further reinforces Rainbow Bay's reputation as one of Australia's premier coastal lifestyle destinations, where limited supply and growing demand continue to support strong market performance."

Pezet Matheson originally marketed and sold out Flow off the plan, making the latest transaction a return to one of the project's original buyers.

Paul Gedoun is selling his third project, <a href="https://www.apartments.com.au/new-apartments/radia-rainbow-bay-271-boundary-street-coolangatta-qld-4225">Radia Rainbow Bay</a>, after recently completing, and selling out, <a href="https://www.apartments.com.au/buildings/esprit-217-227-boundary-street-coolangatta-qld-4225">Esprit</a>. He has plans for a <a href="https://www.apartments.com.au/news/qld/first-look-s-s-projects-proposes-88-apartment-wellness-tower-at-coolangattas-boundary-street">fourth building</a>, 88 apartments on <a href="https://www.apartments.com.au/new-apartments/209-213-boundary-street-coolangatta-qld-4225">Boundary Street</a>.

Rainbow Bay apartment doubles in price since off the plan sale during pandemic

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?

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

City Beat: Melbourne unit market insights for March

Developers, construction company and real estate group, Brady Property Group have transformed Melbourne's city skyline with their latest residential development, 380 Melbourne.&nbsp;

Located at 380 Lonsdale Street, the two tower development has been designed by renowned architect firm Elenberg Fraser, soaring 218 metres into the air, with the North Tower at 65-storeys and the South Tower at 51 levels, representing the continued demand for inner-city apartment living.&nbsp;

[smartcode_project:default project_id=2064 project_image_fid=210654]

It's not just apartments that are on offer in the twin tower development, with a collection of 300 luxury VOCO by IHG hotel suites&nbsp;also finding a place in 380 Melbourne, along with commercial podium spaces and a new laneway that links the building to the public domain, connecting Lonsdale and Little Lonsdale Streets.&nbsp;

The towers join Melbourne’s booming 200 metre club and are in the top 25 tallest towers in the city, wrapped in a curvaceous teal glass wall, with 728 ready-to-move-in one, two and three-bedroom apartments on offer.&nbsp;

The interior design of 380 Melbourne is sensory with an expression of personality and unique identity. The towers offer a range of colour palettes, sophisticated materials and distinctive touches, such as Oak timber floorboards, paired with cutting edge fixtures and high quality Miele kitchen appliances. The light-filled living areas are open-plan and provide panoramic outlooks to the CBD, with many featuring bespoke bay windows.&nbsp;

Residential amenity was a focus for the group when designing 380 Melbourne, with the towers home to a resident's lounge with large chandeliers, a games room, a private cinema, karaoke room, steam rooms and a sauna, a private bar, numerous dining and lounge areas, as well as a rooftop garden, a 25 metre heated lap pool, and an outdoor terrace with barbecue facilities and outdoor seating.&nbsp;

[smartcode_project:default project_id=2064 project_image_fid=210633]

Located just a stone’s throw from all Melbourne has to offer, 380 Melbourne residents will be able to take advantage of shopping precincts such as Melbourne Central and Emporium Shopping Centre, which are both within walking distance.

The RMIT University precinct with the public State Library of Victoria, educational facilities and quirky cafes and bars, as well as extensive parklands such as Carlton Gardens and Flagstaff Gardens are also within easy reach.

Melbourne is known for its insatiable appetite for food from a wide array of cultures, and 380 Melbourne offers easy access to the city's diverse culinary scene.

Chinatown is within walking distance from the front steps of 380 Melbourne, while Hardware Lane, located just below the towers, boasts a myriad of cafes and restaurants fit for breakfast, brunch and dinner.

[smartcode_project_cta:default project_id=2064]

380 Melbourne delivers ready-to-move-in apartments to the heart of the city

One of Melbourne's trendiest suburbs is a step closer to welcoming a new residential building.&nbsp;

Construction works are set to commence in the coming months on The Watson by Kincrest, who have appointed their long-time preferred construction partner to build the project.

The Ned Ireland and Nigel Brown-led Ireland Brown Constructions will handle the build of the 37 apartments and townhouses, where prices start from&nbsp;$795,000 for a two-bed townhouse.&nbsp;The two-bedroom apartments are priced from $845,000, while the three-bedders start at $1.2 million.&nbsp;

[smartcode_project:default project_id=135737 project_image_fid=207820]

Kincrest have sought the work of Ireland Brown for all their developments, with The Watson marking the third collaboration between the pair.&nbsp;

Kincrest has already sold around $20 million worth of apartments, with all the buyers so far owner-occupiers, a mix of downsizers and first home buyers.&nbsp;

Tom Howgate, Kincrest Director and Owner, says buyers have responded well to the large apartments, which have been purposefully designed to offer more living space than any competitor in surrounding suburbs. The average apartment in The Watson spans over 120 sqm, almost double the standard 65 sqm elsewhere.

The site at&nbsp;1 Thorn Street is still occupied, with construction works set to kick off in the third quarter of the year.

Renowned architecture firm Rothelowman has designed the project, with Melbourne-based studio Telha Clarke handling the interiors.

[smartcode_project:default project_id=135737 project_image_fid=207827]

The open-plan living spaces benefit from floor-to-ceiling windows that invite an abundance of natural light into each of the homes, extending out to spacious balconies which take full advantage of views to the city and the sea.

Each apartment is equipped with high-quality materials and appliances, along with ample storage, LED recessed downlights, ducted heating and cooling, as well as video and intercom surveillance.&nbsp;&nbsp;

[smartcode_project_cta:default project_id=135737]

Kincrest have sought the work of Ireland Brown for all their developments, with The Watson marking the third collaboration between the pair. 

Builder appointed to construct Essendon's The Watson by Kincrest

The sought-after suburb of <a href="/new-apartments/brighton-vic-3186">Brighton</a> is set to welcome its newest residential collection in June, with construction well underway on The Warriston. 
 
Named after its location at 21 Warriston Street, at the entrance to the popular Bay Street, <a href="/buildings/the-warriston-21-warriston-street-brighton">The Warriston</a> features a mix of two and three-bedroom apartments, from ground floor units with courtyards to penthouses with expansive terraces.

<a href="/architects/moull-murray-architects">Moull Murray</a> handled the architecture of The Warriston.

The façade, modulated with projecting balconies dripping with soft, integrated landscape planting and contemporary clean lines, is wrapped in robust dark face brick that's meant to age gracefully and become a landmark for Brighton.

[smartcode_project:default project_id=108879 project_image_fid=180003]

&nbsp;

The interiors have been designed by renowned interior designers Bailey Studio, who have worked on some of Melbourne's most luxurious residential properties.

Each residence is filled with natural light and features a neutral palette of high-quality, tactile finishes, including natural stone and oak timber flooring.

The living and dining areas centre around grand entertainer's kitchens featuring Miele appliances, while the master bedroom suites are designed as private sanctuaries, with&nbsp;expansive floor-to-ceiling glazing providing an abundance of natural light.

The suites offer wool carpeting, while the ensuites boast finishes and fixtures such as undermount sinks and natural stone benchtops.

Residents of The Warriston will also enjoy the convenience of security basement car parking, as well as additional storage facilities.

[smartcode_project:default project_id=108879 project_image_fid=180004]

The building's prime location means that all of Brighton's amenities, including cafes, bars, retail, the cinema, and the station, are on their doorstep, with Brighton Beach also just a short stroll away.

Castran Gilbert are handling the sales for the project, with prices starting from just over $1 million for a two-bedroom apartment.&nbsp;

[smartcode_project_cta:default project_id=108879]

Castran Gilbert are handling the sales for the project, with prices starting from just over $1 million for a two-bedroom apartment. 

Under construction Brighton apartments, The Warriston set to welcome buyers in June 

Shenfield Property is set to launch their latest residential development in the heart of the coveted suburb of <a href="/new-townhouses/cheltenham-vic-3192">Cheltenham</a> in Melbourne's Bayside area.

<a href="/buildings/plenteous-cheltenham-49-jean-street-cheltenham-vic-3192">Plenteous</a> will deliver a collection of eight architect-designed townhomes offering a blend of elegant contemporary living with functional and energy-efficient features.

Situated in a quiet, leafy cul-de-sac, with a parkland frontage, creating a tranquil and serene environment for its residents, Plenteous offers a mix of two and three-bedroom floor plans that cater to the needs of both families and couples alike.

[smartcode_project:default project_id=136588 project_image_fid=208418]

Noorden selling agent David Lamond said Plenteous is a great opportunity for families to move into the upcoming suburb, with plenty on offer and a great location.

“Now is a great time to take advantage of buying off the plan,” Lamond said.

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<div>
”By purchasing off the plan an agreed off the plan price is secured meaning you will not be liable to pay for any additional building costs should they increase during the time of building, as well as taking advantage of stamp duty savings which are a huge bonus in the purchasers favour.”

“So take advantage of buying off the plan and if the market works in your favour by the time you move in the property is worth more than what you bought it for.

“You will also be walking into a newly built property which must have six star rating and is already equipped with solar panels.”

[smartcode_project:default project_id=136588 project_image_fid=208421]

Each residence has been designed to provide low-maintenance living, privacy and comfort, and contemporary interiors by Aldona Padjak. The soft, neutral colours that adorn each townhome enhance the natural light, while the crafted textures accentuate the refined details of each living space.
</div>
</div>

The townhomes have been designed over two or three levels and feature warm timber floors in the living areas. The kitchen and bathroom joinery is sleek and streamlined, creating a minimalist yet practical look.

Each residence has its own landscaped outdoor space, which provides the perfect spot for relaxation or entertaining. Secure basement parking and storage facilities are also available for residents.

Located just a few steps from the Southland Shopping Centre, <a href="/buildings/plenteous-cheltenham-49-jean-street-cheltenham-vic-3192">Plenteous</a> offers its residents a range of shopping, food, and entertainment options. The Southland train station is also nearby, providing convenient public transport with just a short trip into the city.

[smartcode_project:default project_id=136588 project_image_fid=208421]

The development is in close proximity to surrounding parks and recreation facilities, Melbourne's finest golf courses, quality education, beaches, and all that the Bayside area has to offer.

One of the most significant features of Plenteous is its commitment to environmental sustainability.

Each residence incorporates energy-efficient features, including individual solar power and provisions for a car charging point in the basement. By meeting the latest standards in environmental sustainability, Plenteous demonstrates a commitment to a sustainable future, ensuring that residents enjoy a comfortable, sustainable lifestyle.

[smartcode_project_cta:default project_id=136588]

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