<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.

[smartcode_project_cta:default project_id=146358]

Joel Robinson

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 to craft the interiors for The Frederick, Big Projects' new Mermaid Beach project and YSG'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 Architecture, with landscape design by LDG.

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 design flair/ appeal,"&nbsp;Clydsdale says.

Site demolition is slated for this month, with construction commencing soon after. Big Projects is targeting a late 2027 completion.

[smartcode_project_cta:default project_id=110588]

Big Projects taps Sydney’s YSG for first multi-residential project at The Frederick Mermaid Beach

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.

[smartcode_project_cta:default project_id=150128]

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

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

First look: NewQuest Property proposes new St Ives apartment development

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?

Pace of Blackburn&nbsp;is a&nbsp;perfectly positioned&nbsp;development in a coveted neighbourhood, with stunning amenities, at an affordable price.&nbsp;With a slated completion of 2022, this future-focused development is one you won't want to miss.&nbsp;

Take a look at our recent display suite tour:

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<h2>PACE OF BLACKBURN AT A GLANCE</h2>

Address:&nbsp;160 Whitehorse Road, Blackburn VIC 3130 
Developer:&nbsp;PACE Development Group 
Architect:&nbsp;Ascui &amp; Co. Architects 
Builder:&nbsp;Pace Development Group

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Located at 160 Whitehorse Road, you're just minutes from Box Hill shopping precinct, medical centres, within bridge access to Morton Park, and a short walk to Blackburn Train Station and Blackburn Lake Sanctuary.

Being situated in such a prime location has drawn many local buyers who see the value in purchasing a brand new home with access to world-class amenities, including ground-floor retail.

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On offer, you've got a lap pool, a children's splash pool, private dining rooms with a fully equipped chef's kitchen, and concierge service with cool room storage for deliveries.

My favourite space in the complex would have to be the resident’s lounge with fireplace. It's the perfect spot to socialise, enjoy dinner and take in the view. And, it’s particularly thoughtful that the development has been equipped with electric vehicle charging stations.

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The Pace of Blackburn apartments are designed to enhance natural light, with expansive floor to ceiling glazing and generous floorplans. Apartments are positioned to overlook a central communal garden, providing a light void in the centre of the building, as well as a leafy space to connect with neighbours.&nbsp;

There are 289 one, two and three bedroom apartments, all featuring luxurious stone benchtops, premium Asko appliances, with ample storage and an open plan flow, which is great for entertaining.&nbsp;

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The bathrooms feature a wall-spanning walk-in shower, rainfall showerheads and floating vanities with full wall tiling.&nbsp;

Each residence also comes with at least one car parking space, bicycle space and a storage cage.

If you love the sound of Pace of Blackburn, then enquire today via the link below.

[smartcode_project_cta: project_id=7211]

urban.com.au

Display Tour Video: Pace of Blackburn at 160 Whitehorse Road, Blackburn VIC

New home buyers in Victoria are set to be hit with a new levy on residential developments from 2024, which is expected to bring in more than $800 million annually.&nbsp;

The Victorian Government is proposing amendments to the Planning and Environment Act 1987 to introduce a social and affordable housing contribution, which will be payable on eligible planning permits from 1 July 2024 onwards.&nbsp;

The proposed contribution seeks to grow the supply of social and affordable housing in Victoria. It is the 18th property tax to be proposed by the Andrews government.

The amount of contribution payable is proposed to be 1.75% of the market value of new residential apartment or townhouse developments of three or more dwellings, or of three or more residential lot subdivisions.

The proposed contribution will apply to a planning permit that authorises developments or subdivisions in metropolitan Melbourne, Ballarat, Greater Bendigo and Greater Geelong and would be held in the Social Housing Growth Fund to be allocated to community housing agencies to deliver new social housing projects across Victoria.

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Legislation is yet to be passed by Parliament.

But it is expected to bring forward a rise in demand by buyers ahead of any formal start date. &nbsp; 
&nbsp; 
The policy that has outraged the sector as it will mean higher prices from July 2024.

Fiona Nield, HIA&rsquo;s executive director Victoria, affirmed the cost of new homes after July 2024 will increase with this tax being passed through in the land prices. 
&nbsp; 
&ldquo;Victorian home buyers already pay a range of taxes when they buy a new home, contributing half of Victoria&rsquo;s tax revenue now.&nbsp;

&quot;In Melbourne 38% of a new home build is made up of taxes, fees and charges.&nbsp;

&quot;This new tax will see land and house prices being pushed further out of reach of new home buyers. 
&nbsp; 
&ldquo;Median land prices are $377,000 in Melbourne, while the median house price is now $950,000.&nbsp;

&ldquo;HIA estimates that this tax could add over $6,600 to the cost of land for new homes. Add stamp duty and GST along with many more costs and this tax could cost more than $20,000 for a new home buyer, adding to their mortgage repayments.&quot;

The Property Council of Australia&rsquo;s Victorian executive director Danni Hunter said the levy equates to an extra $19,600 on the median price of a new house in metropolitan Melbourne and $12,110 on the median price of a new apartment.

The levy would see an extra tax bill of $9362 on the median house price in Wyndham in Melbourne&rsquo;s west.

Pace Development Group sales and marketing manager Ashley Bramich told the Herald Sun the new levy would either impact developer profit margins, or be passed on to the home buyer.

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The state government says the sector has time to address the levy.

&ldquo;We&rsquo;re establishing a stable funding stream to provide the dignity of housing to thousands more Victorians,&quot; Housing Minister Richard Wynne said on Friday.

&ldquo;Today really is about the biggest reform to social housing since the formation of the Housing Commission in the 1940s,&rdquo; Wynne said.

Victoria&rsquo;s treasurer, Tim Pallas, said the contribution would affect fewer than 30% of all residential planning permits.

It would raise more than $800m each year, paying for up to 1,700 new social and affordable homes and support 7,000 jobs in the construction sector every year.

Jago Dodson, Professor of Urban Policy and Director of the Centre for Urban Research at RMIT, said it was a very significant reform of the social housing sector that provides long-term funding certainty for public and social housing agencies through a simple and broad levy on urban development.

&quot;It also reduces complexity by streamlining the process for developers&rsquo; contributions to social housing.

&ldquo;While this is an important initiative it could have been bolder, such as via a higher levy rate.&nbsp;

&quot;However, establishing this policy as a normal part of the social housing and urban development policy process is a significant step towards widening the range of mechanisms that retain public value from private development,&quot; Professor Dodson said.

The HIA estimates that the tax could add over $6,600 to the cost of land for new homes

jchancellor-FAypfDUnLy

New home demand to be brought forward by Victorian residential development levy

Leading property developers, Assemble Communities, is set to expand its Build to Rent portfolio with parent company, Make Ventures, acquiring the current Preston Toyota site for $40 million from McMillan Property Group.

Spanning 1.6 hectares, the landholding comprises 687-717 High St, 19 Regent St and 58-60 William St, Preston, transforming the site to home 500 dedicated Build to Rent units and 5,000 sqm of commercial space.

This is the second site acquired by MAKE and to be developed by Assemble in Preston, with a 459-dwelling development on St George&rsquo;s Rd in the pipeline, along with future inner-north projects at Sydney Rd, Coburg, and 4 Ballarat St, Brunswick.

Assemble Managing Director, Kris Daff said this premier site located at the northern edge of the Preston-High Street Major Activity Centre, presents a significant opportunity for the area.

&ldquo;Our latest acquisition in Preston meets the key needs for the growing Victorian population with its prime position in Melbourne&rsquo;s inner-north location.&rdquo;

&ldquo;The future community will enjoy access to key health, education and employment areas, while being surrounded by established quality high-streets and transport nodes including the future Suburban Rail Loop Reservoir station.&rdquo;

&ldquo;With three existing developments in Victorian&rsquo;s inner-city northern corridor alone, this acquisition paves the way for the business to grow our affordable housing offering. This is a strategic investment, part of our long-term warehousing strategy,&rdquo; said Daff.

The property will remain under a long-term lease agreement with Eagers Automotive, with settlement anticipated for late 2024.

The acquisition by MAKE will bolster Assemble&rsquo;s significant $3 billion privately funded social and affordable rental housing portfolio, which includes an existing pipeline.

Assemble Managing Director, Kris Daff said this premier site located at the northern edge of the Preston-High Street Major Activity Centre, presents a significant opportunity for the area.

MAKE Ventures acquires $40 million Preston site for Assemble portfolio

Melbourne's brand new $1 billion dual tower project, known as Queens Place, has recently completed the construction of its first tower.

We were invited to take an exclusive tour of the apartments and luxury amenities, take a look at our apartment tour video:&nbsp;

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The development's design was a collaboration by leading design firms Fender Katsalidis Architects and Cox Architecture.&nbsp;

A design feature I found particularly interesting is that as each tower rises, they veer away from each other, creating visual asymmetry and maximising views for residents on upper levels.&nbsp;

On the ground floor, you're welcomed into the most stunning lobby, complete with an incredible light installation.&nbsp;

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As soon as you step foot in your apartment, you're met with this incredible view of the city skyline through the floor-to-ceiling glazing. It's a view you would never tire of and one of the most rewarding features of apartment living.&nbsp;

The flow is open plan and feels light and spacious. Little details like the wide panel timber flooring make the room feel even larger, and depending on whether you opt for a single wall kitchen or a galley configuration, there is plenty of room for dining to be separate from the living area.

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The kitchens feature integrated rangehoods and Miele gas cooktops with timeless timber joinery. You'll also notice that these wall sconce lights are a unique feature piece and are also found in the bathrooms.

All bathrooms and ensuites are fully tiled and include freestanding timber vanities, deep square basins and modern tapware. Many apartments also have wall-spanning walk-in showers.&nbsp;

The bedrooms also offer great views of the city, with expansive floor-to-ceiling glazing. Soft grey carpet makes the room feel cosy, while the full height mirrored wardrobes create a feeling of spaciousness.

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All residents will have access to the extensive 3-level amenities, including a 25m swimming pool with a thriving green wall, a fully equipped gymnasium, a karaoke room and a dining room complete with its own wine cellar, as well as a library and games room for billiards, card games and mahjong.

Residents in the tower's High Rise, Queens Residences and Queens Terrace apartments will have access to several more amenities on levels 52 and 53.

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Whether you're running on the treadmill, relaxing in the steam room, or enjoying a drink in the lounge, you can enjoy panoramic views of the city.

The swimming pool is surrounded by grey marbled tiles, the private 10-person dining area features a statement stone table, and the elegant lounge spaces include multiple fireplaces. One of my favourite spots is this relaxation area; it's absolutely flooded with light through the opulent double-height void.

Enquire about your dream home via Urban today and move in tomorrow!

[smartcode_project_cta: project_id=2806]

Olivia Round

Apartment Tour Video: Queens Place by 3L Alliance at 157 A’Beckett Street and 370 Queen Street, Melbourne

Award-winning Melbourne property developer, Beulah, has announced Four Seasons Hotels and Resorts – the&nbsp;global leader in luxury hospitality - as the chosen manager of the hotel within its new $2.7 billion development, STH BNK by Beulah.

Four Seasons Hotel Melbourne will comprise 210 rooms, crowning the western tower of STH BNK by Beulah, with guests arriving via a Sky Lobby located on the 63rd floor, boasting panoramic views over Melbourne’s city skyline, beachfront and Royal Botanical Gardens.

The Hotel will also offer a world-class integrated health and wellness experience, a rooftop restaurant and bar and multiple event spaces.

Beulah Executive Director Adelene Teh said Four Seasons was the perfect partner for STH BNK by Beulah and will offer an unmatched hospitality experience, while remaining uniquely Melbourne.

“As STH BNK by Beulah continues to push the boundaries of what’s possible in the luxury, lifestyle and sustainability spaces, Four Seasons aligned perfectly to our ethos and vision, offering unparalleled experiences, a bold commitment to innovation, and fantastic sustainability initiatives across its hotels and resorts."

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“Four Seasons will provide an uber-luxurious lifestyle offering to Melbourne’s residents and visitors alike, one that fuses wellness, sustainability, art and culture, and innovation, providing guests with everything they need within the one destination."

“It will also pay homage to Victoria’s Garden State title, tying in with STH BNK and Beulah’s commitment to biophilic design and will be further strengthened via a health and wellness theme. All of these elements will culminate to create an urban resort in the sky.”

Envisioned as a vertical mini-metropolis, STH BNK By Beulah will comprise four distinct collections of private residences, public and green spaces, a rooftop sky garden, 3,000 seat auditorium, commercial offices, childcare centre, a health and wellness precinct, arts and culture spaces and programs, as well as experiential retail, all within two twisting terraced forms.

An international collaboration with UNStudio and Cox Architecture, STH BNK by Beulah will deliver approximately 449 residences.

On track to become Australia’s tallest tower, STH BNK by Beulah is also set to become the tallest vertical garden in the world, incorporating a natural environment within its skyscraper. The vertical garden will reach a total of five-and-a-half kilometres, the length of Melbourne’s famed The Tan running track nearly one-and-a-half&nbsp;times over. Beyond the exterior, the development will also offer a number of green communal spaces.

An iconic global luxury brand, Four Seasons opened its first hotel in 1961 and has since been dedicated to perfecting the travel experience through continual innovation and the highest standards of hospitality. They currently have 122 hotels and resorts in operation, as well as 48 residential properties in 47 different countries, with the Melbourne hotel set to play a pivotal role for the brand’s presence in Australia.

Bart Carnahan, President, Global Business Development and Portfolio Management, Four Seasons Hotels and Resorts said,

“We are incredibly proud to partner with Beulah and to be a part of the leading-edge STH BNK by Beulah development. This project will set a new standard for luxury in Melbourne, offering guests an exceptional Four Seasons experience set within an environment that will be unmatched in this market.”

Construction is expected&nbsp;to commence late 2022, with completion due around 2027.

Four Seasons Hotel Melbourne will comprise 210 rooms, crowning the western tower of STH BNK by Beulah, with guests arriving via a Sky Lobby located on the 63rd floor

Beulah partners with Four Seasons Hotels and Resorts for $2.7 billion STH BNK by Beulah

Melbourne, Australia&rsquo;s second-biggest city, continues to grow with number of high-profile multi-billion-dollar developments popping up all over the city.

Buyers are back in force, after suffering through the world&#39;s longest lockdowns over 2020 and 2021.

During the lockdown period some of the city&#39;s most impressive residential apartment buildings were completed.

We&#39;ve wrapped up the best seven apartment developments inside and outside of Melbourne, which are brand new and offer the chance for buyers to move in straight away.

<h2>Hawthorn Park &ndash; Hawthorn East</h2>

<h2>Developer: Dahua Group</h2>

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Dahua Group recently completed their $300 million Hawthorn East apartment development Hawthorn Park, their biggest apartment development in Melbourne.

Hawthorn Park is a sophisticated residential mid-rise that is strategically located amongst Hawthorn East&rsquo;s several transport, education, lifestyle and amenity offerings.

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Designed by Rothelowman, Hawthorne Park delivers 368&nbsp;one, two and three-bedroom apartments, featuring several amenities, including Melbourne&rsquo;s first suspended sky pool. Theatre rooms, a sky lounge,&nbsp;gym with a yoga and meditation studio and massage suites,&nbsp;hammock lounge, an indoor residents lounge and a garden pavilion are also part of the impressive offerings.&nbsp;

The tower also features over 2000 sqm of parkland curated by acclaimed landscape architect Jack Merlo that bring the Hickory-constructed building to life. One, two and three-bedroom apartments are still available in Hawthorne Park.

<h2>East Tower, Melbourne Quarter - Docklands</h2>

<h2>Developer: Lendlease</h2>

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Lendlease&rsquo;s soaring East Tower within the Melbourne Quarter development makes the most of its prime location, overlooking the Melbourne CBD, Port Phillip Bay and Yarra River.

Redefining urban living, this residential building offers a range of one, two and three-bedroom apartments. The Melbourne Quarter East Tower apartment building plays host to a range of amenities to residents.

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Exclusive access to Club MQ, with three floors of resident resort-style amenities, is part of being a resident, which homes a 25-metre indoor pool, spa, sauna, steam room, gym, yoga and function room, private dining rooms, a library, 20-seat theatrette, as well as 38 cafes, restaurants and future retail space.

Construction for the Melbourne Quarter masterplan project commenced in 2016, with construction for the residential development finishing in 2018. The apartments have been designed by the internationally acclaimed Fender Katsalidis architects.&nbsp;

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With more than half of the precinct dedicated to green and urban public space, Melbourne Quarter offers the city of Melbourne a new backyard.

One, two and three-bedroom apartments are still selling in Melbourne Quarter&rsquo;s East Tower.

<h2>Riverbank &ndash; Abbotsford</h2>

<h2>Developer: Salta Properties&nbsp;</h2>

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Riverbank is positioned on the banks of the iconic Yarra River, delivering riverfront living and with an inner-city address.

Located just moments from Richmond, Kew parklands and the Melbourne CBD, Riverbank delivers a collection of one and two-bedroom apartments.

A felling of luxury has been created in the entry and communal spaces, which continues&nbsp;throughout the building. Basking in abundant natural light, each home enjoys a&nbsp;streamlined form that mimics the subtle bends of the river below.

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Apartment interiors have been designed by Carr Design Group to provide a balance between the open-plan living area and the sanctuary of the bedrooms.

Referencing the earthy palette of the river parkland, a choice of two colour schemes are available in the residences.

Riverbank&rsquo;s attention to detail is showcased in the choice of fixtures and finishes of each apartment, with&nbsp;exaggerated proportions in the kitchen, highlighted by the marble-look stone and Gaggeneau appliances fitted throughout.

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For a limited time Salta Properties are paying 50 per cent of the&nbsp;applicable stamp duty, excluding FIRB surcharge.

A selection of one and two bedroom apartments available and move-in-ready.

<h2>Queens Place - Melbourne</h2>

<h2>Developer: 3L Alliance</h2>

Queens Place lands at 350 Queen Street, with its inner-city block rich in amenity.

The master plan represents a competition-winning design for 3L Alliance, completed as a joint venture between&nbsp;<a href="https://fkaustralia.com/">Fender Katsalidis</a>&nbsp;and&nbsp;Cox Architecture. Conceived as a twin tower development, the design of Tower One features an 80-storey residential building with five-level podium, enriching the ground plane through new linkages and an enhanced public setting within the Queen Victoria Market precinct.

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Comprising one, two and three-bedroom apartments, the residences are a collaboration between Cox Architecture, Fender Katsalidis Architects and Hecker Guthrie, offering a choice of finish levels, amenity and view opportunities.

The split-level Queens Terraces and City Rise apartments span from levels three to 50, with their own ground floor lobby, while also enjoying access to extensive communal facilities on podium levels three, four and five.

The High Rise apartments are on levels 53 to 68, while the Queens Residences take up the remaining floors from 69 to 78 with a selection of penthouses and sub-penthouses.

Queens Residences and High Rise residents also benefit from the convenience of a private entry lobby and, in addition to the facilities on levels three to five, receive exclusive access to the premium resident amenities of levels 51 and 52.

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Situated at the verge of Flagstaff Hill, Melbourne&rsquo;s highest point, Queen&rsquo;s Place becomes a prominent feature on the CBD skyline, close in proximity to a range of desirable locations, including Queen Victoria Market, Flagstaff Gardens, as well as the bustling Southbank area.

The education precinct, home to Melbourne University and RMIT University, major sporting stadiums, the medical precinct, along with arts and entertainment venues all fall within minutes of the development thanks to convenient and efficient transport links.

As a place full of amenity, a Metro Woolworths is located on the ground level of the precinct, with the five-level podium fit to incorporate a range of retail, medical and dining options.

The sprawling Queens Place atrium serves as a meeting place for a variety of occasions, with the space capable of holding small scale events. &nbsp;

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Resident&rsquo;s amenities within the podium itself there&rsquo;s a pool and spa, private dining rooms and caterer&rsquo;s kitchens, games rooms, private cinemas, a library, poker and Mahjong room, a private garden terrace and karaoke room.

Completed apartments with various configurations are ready to move in, now selling for $440,000, with stamp duty savings available.

<h2>Melbourne Square - Southbank</h2>

<h2>Developer: OSK Property</h2>

[smartcode_project:default project_id=2929 project_image_fid=139894]

Rising about Melbourne&rsquo;s internationally acclaimed Arts Precinct, Melbourne Square is at 93-119 Kavanagh Street. In partnership with Cox Architecture and Carr Design, OSK Property have delivered a five-acre mixed-development with two residential towers soaring above &ndash; the East and West Tower.

The residences on offer are an array of premium two and three-bedroom apartments and penthouses, alongside a wide range of in-house exclusive amenity.

[smartcode_project:default project_id=2929 project_image_fid=137896]

The contoured terraces of the podium connect to the streets of Southbank across the new gardens, piazzas, caf&eacute;s, retail outlets and supermarket.

Boasting an expansive 14,000 sqm of private and public facilities, the first stage of the Melbourne Square precinct features a host of considered integrations to encourage an active lifestyle, including a full-line Woolworths supermarket, 3,745 sqm public park and 87-place childcare centre.

Melbourne Square offers purchasing incentives with the government scrapping stamp duty costs on new homes up to $1 million. In addition to this, Melbourne Square&rsquo;s premium partners have added extra incentives that will see buyers pocket a combined saving of $120,000 on a $850,000 apartment.

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Buyers will also receive a whitegoods package from Samsung, which includes a fridge-freezer unit and combo washer-dryer.

The Life&amp;Style package is available to all purchasers of new two and three-bedroom typical apartments.

<h2>Sky Garden - Glen Waverley</h2>

<h2>Developer: Golden Age Group</h2>

Sitting high above the revamped and most sophisticated shopping centre in the East of Melbourne &ndash; The New Glen &ndash; Sky Garden transcends both luxury and location, offering residents the very best in modern living.

Conceptualised by award-winning architects Rothelowman and DKO Architecture, Sky Garden offers a range of one and two-bedroom residences that boast panoramic views, from the Dandenong Range across to Melbourne&rsquo;s city skyline.

The towers are individually distinctive while also sharing a design language of flowing lines and timeless materiality across the fa&ccedil;ade.

[smartcode_project:default project_id=2881 project_image_fid=184591]

Terraces feature abundant landscaping affording residents lush outlooks and providing the towers with their signature garden character.

Sky Garden gets its name from its&nbsp;4,000 sqm outdoor podium garden complete with a relaxation zone, entertainment lounges, vegetable gardens, children&rsquo;s play area, private cabanas and an outdoor fitness area.

In-house amenities include a swimming pool, steam room, fully-equipped gym, yoga room, library, private dining rooms and kitchen and terrace barbecue facilities, as well as a private theatre and Mahjong rooms. &nbsp;

[smartcode_project:default project_id=2881 project_image_fid=184593]

Prospective buyers at the recently completed Glen Waverley apartment development, Sky Garden, will be able to stay in a furnished apartment before committing to a purchase. The &#39;Try Before You Buy&#39; initiative&nbsp;offers two nights in a different selection of apartments&nbsp;above The Glen Shopping Centre, which has recently undergone a $430 million redevelopment.

Buyers will have access to all amenities of Sky Garden, including the swimming pool, gym, library and mahjong room. They will also have the same&nbsp;booking privileges as residents, with the ability too book out&nbsp;the private dining room or movie theatre.

With six different configuration options to stay in, residents can experience life in Sky Garden before committing to their dream home.

<h2>Australia 108 - Southbank</h2>

<h2>Developer: World Class Global</h2>

Everyone knows the calibre of what&#39;s been put together at Australia 108, Australia&#39;s tallest tower, and the tallest residential tower in the whole of the Southern Hemisphere.

Developed by World Class Global, Australia 108 is the newest icon of the Melbourne skyline, taking pride of place for years to come.

[smartcode_project:default project_id=582 project_image_fid=182857]

Located on Southbank Boulevard, the striking tower was designed by renowned architecture firm&nbsp;Fender Katsalidis-designed, with its now signature &quot;gold starburst&quot; on the exterior of the building 60 levels up no doubt&nbsp;a point to the sky feature from the street.

The apartment complex features hotel-quality amenities, including grand lobbies, a ground-floor lounge and porte-coch&eacute;re.

On level 11, the Sky Rise Club features a lap-pool, well-equipped gym, theatrette, grand dining room and virtual golf room.

[smartcode_project:default project_id=582 project_image_fid=182867]

A host of resort-style facilities further add a sense of escape, including a steam room and sauna.

Exclusive facilities at the 2,800sqm Star Club on Level 70 and 71 offer a world of entertainment and leisure with 360-degree views to city, gardens and bay.

Melbourne, Australia’s second-biggest city, continues to grow with number of high-profile multi-billion-dollar developments popping up all over the city.

The top seven completed, ready to move in apartment developments in Melbourne

The Melbourne developer Golden Age Group has commenced construction on the first two stages of its Willow Springs land estate in the city&rsquo;s west, following the sell-out success of its first three stages, totalling close to $50 million.

With a mix of first-home buyers, owner-occupiers and investors snapping up the land parcels, stage three&nbsp;of Willow Springs was brought forward to meet overwhelming demand, with stage four earmarked for the end of February.

Situated 30km west of Melbourne&rsquo;s CBD in the state&rsquo;s fastest-growing region, Golden Age Group&nbsp;purchased the site in 2017, keenly aware of its potential once key infrastructure had been established.

Golden Age Group Founder and Managing Director, Jeff Xu, said that the Willow Springs site, set within Melbourne&rsquo;s Urban Growth Boundary, offers the ultimate location for a new residential community with its welcoming streetscapes and family-friendly green areas.

[smartcode_project:default project_id=104354 project_image_fid=190575]

&ldquo;Rockbank&rsquo;s proximity to schools, supermarkets and retailers, child care, aged care facilities, and public transport positions it as a perfect base in Melbourne&rsquo;s strong performing western growth corridor,&quot; Xu said.

&ldquo;What sets Willow Springs apart is it is a smaller-scale boutique development yet it still benefits from nearby amenities.&quot;

Willow Springs is centred around&nbsp;7,000 sqm of lush parkland that is ideal for families, complete with charming streetscapes designed by award-winning landscape architects, Flemings.

Located at 520-578 Greigs Road, Rockbank, Willow Springs&nbsp;is within easy reach of shopping and entertainment precincts like Woodgrove Shopping Centre, the newly opened Woodlea Town, Taylors Hill Village and Watergardens Town Centre. In addition, the location offers easy access to transport with Rockbank Train Station&nbsp;1.5km away.

Winslow Constructors have been appointed for the first two stages, with ground breaking commencing February 1.

Upon completion, Willow Springs will be home to over 400 homes with three more stages to be released throughout 2022.

Land at Willow Springs starts from $238,000.

[smartcode_project_cta: project_id=104354]

Golden Age Group Founder and Managing Director, Jeff Xu, said that the Willow Springs site offers the ultimate location for a new residential community



Golden Age Group begin construction on Willow Springs land estate in Rockbank

The family-owned Australian land developer Satterley Property Group are teaming up with&nbsp;F​ar East Organizat​ion,&nbsp;one of the largest private real estate developers in Singapore,&nbsp;to launch&nbsp;St Helena Place, a new masterplanned residential project in the suburb of St Helena, 26 kilometres north-east of the Melbourne CBD.

Set on a 19-hectare site, the community will incorporate more than 240 homes and townhomes of between two and four bedrooms. Residences will be sold off-the-plan in four stages, the first of which will open at the end of February.

Satterley's Senior Development Manager, Kat Klau, said the one-of-a-kind development is characterised by the highly convenient location and amount of green space.

“It’s a very rare project. You won’t find anything like it anywhere else. For a start, it’s a beautiful site characterised by its many attractive, mature trees - a place of real natural splendour," Klau said.

[smartcode_project:default project_id=111942]

“In a standard [residential] project, we’re required to dedicate five percent of the area to green space. In the case of St Helena Place, it’s four times that number. The result will be an exclusive masterplanned community enveloped by green space,” Klau added.

Far E​ast Organization&nbsp;first purchased the site more than 30 years ago. Since then, extensive planning has taken place, in addition to a supplementary purchase of adjacent land and significant landscaping works.&nbsp;

“A fully rejuvenated wetland divides the site in two. And it’s been there for nearly three years. That’s incredible; you would never get that in a typical new community development," Klau continued.

<a href="/developments/st-helena-vic-3088"><img alt="" data-entity-type="" data-entity-uuid="" height="675" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/sattlery_streetscape.jpg" width="1200" /></a>

“When Far East Organization commenced the project several years ago, they asked us to go ahead with the environmental renewal project as a matter of priority. Although we didn’t proceed with sales at that time, we&nbsp;did&nbsp;complete the $2 million wetland project. It looks like it’s been there for years – and that’s because it has.”

Far East Organization’s Chief Operating Officer, Ms Lay See Shaw, said the company is invested in delivering a high-quality product for the development.

[smartcode_project:default project_id=111942]

"Inspired by nature, the project will showcase thoughtful and complementary urban and landscape design. Future residents will be able to choose from a variety of home layouts and finishes, as well as three internal colour schemes.

“Working with our Australian partners, we want to create homes that put homeowners at the centre and demonstrate our philosophy of 'Inspire Better Lives',” Ms Shaw said.

Klau&nbsp;describes the project as an “exclusive enclave in Melbourne’s north-east”.

“There are a lot of people in nearby Greensborough and Eltham who aspire to live in St Helena, but at the moment the choices are limited. Only about 30 properties go on the market each year in this part of Melbourne. And it’s mostly older housing, built in the 80s and 90s.”

“Brand new homes set within a beautiful natural environment, within easy reach of excellent transport&nbsp;and&nbsp;surrounded by established schools and amenities are hard to come by anywhere, let alone 35 minutes from the centre of Melbourne. St Helena Place offers all that and more,” Kat said.

Far East Organization has been working closely with Satterley Property Group since 2016. The company owns and manages more than 20 commercial properties and development sites throughout New South Wales, Victoria, South Australia and Western Australia, including the former Sydney GPO, The Fullerton Hotel Sydney. St Helena Place is their first residential project in Australia.&nbsp;

[smartcode_project_cta: project_id=111942]

Satterley's Senior Development Manager, Kat Klau, said the one-of-a-kind development is characterised by the highly convenient location and amount of green space.

Satterley launch St Helena Place house and land estate with Far East Organization

The Forme project by Mirvac at Doncaster has neared being half sold.

The ASX listed company advised sales tally sat at 48 percent in its update last week.

Forme was launched last July with prices starting from $425,000.

Mirvac&#39;s prior update last October on sales was that 28 percent of its apartments had sold within the tranquil former 47-hectare Eastern Golf Course at Doncaster.

[smartcode_project:default project_id=100322 project_image_fid=163028]

Forme will feature 93 residences at 57 Stables Circuit.

It has an expected $82 million completion value for the mid-rise project which is under construction.

Forme is the third and final apartment building at the Tullamore precinct which included Phoenix and Folia.

[smartcode_project:default project_id=100322 project_image_fid=167722]

Mirvac head of residential, Stuart Penklis says that the &quot;project demonstrated the ongoing demand for quality, well designed apartments supported by exceptional amenity.&quot;

Forme was designed by the Mirvac Design team to be set within sculptured gardens by landscape architect Paul Bangay with more than 20 per cent of the Tullamore precinct dedicated to green open spaces, including pocket parks, adventure playgrounds, undercover barbeque and picnic areas as well as walking and cycling tracks to encourage an outdoor lifestyle.&nbsp;

[smartcode_project:default project_id=100322 project_image_fid=163026]

Forme&rsquo;s construction is by mid-2023.

On its launch, Mirvac design director Michael Wiener noted with more people now working from home, Mirvac incorporated study spaces in the majority of its two and three bedroom apartments.

Forme will feature Melbourne start-up Allume Energy&rsquo;s distribution technology, SOLSHARE in some of the apartments.&nbsp;

A unique technology, SOLSHARE allows residents to share power from a single solar system, which is anticipated to deliver up to 40 percent energy savings, based on average residential household usage.

[smartcode_project_cta: project_id=100322]

Mirvac gave a sale update last week for exchanges and deposits as at December 31

Forme, Tullamore hits 48 percent apartments sold

The Victorian government has announced a review of laws applying to the property industry.

The review will look at off-the-plan sales, the weekend announcement advised.

Buyers will be able to give feedback when the department posts its survey at www.engage.vic.gov.au/property-market-review

It will also look at auction price underquoting which were last reformed in 2016 when all auction properties listed for sale needed to advertise a price guide and list recent comparable sales.

The review will be conducted by former Real Estate Institute of Victoria chief executive Enzo Raimondo with others on the panel including reform expert Claire Noone from Nous Group, and former co-chief executive of the Consumer Action Law Centre Carolyn Bond.

Amid heightened affordability concerns, the Consumer Affairs minister Melissa Horne said it was &quot;important to make sure our laws are still best practice.&rdquo;

It follows some 383 complaints about potential underquoting being lodged with Consumer Affairs Victoria between February and April last year.

Its inspectors visited 29 agency offices in May and found 17 had flouted underquoting laws, triggering more than $300,000 in fines.

The review will look at upfront costs for buyers along with whether real estate agents have the skills, education and expertise they need to maintain good industry practice.

The review will also cover whether real estate agents have the skills, education and expertise they need to maintain good industry practice

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