<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?

Yarra One is the final residential tower in South Yarra's Forrest Hill precinct.

Yar​ra One, just the&nbsp;second Australian project by the international developer EcoWorld,&nbsp;offers 247 residences in one, two and three-bedroom configurations.

The $250 million development boasts numerous amenities and a striking design, with rectilinear patterns and pure geometry from the regarded architecture firm Fender Kats​alidis.

Urban takes a look at the top 10 reasons a buyer should look at Yarra One.

1. Grand atrium

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Connecting Yarra Lane to Daly Street, Yarra One's atrium has been designed to be used and embraced by the community.

It has been positioned in the centre of the area’s pedestrian traffic between the train station and Chapel Street, and is enclosed by the building’s grand signature trellis.

“With soaring frames and climbing greenery, this will be a dramatic space for the South Yarra community and a proud entranceway for Yarra One itself”, the developer said.

2. Inspired by Melbourne’s laneways

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Yarra One has embraced the tradition of Melbourne’s network of laneways, bustling with cafés, galleries, specialty shops and eclectic boutiques.

Alongside the landscaped walkway, the new precinct will include café, restaurant and retail shopfronts.

3. Designed by Fender Katsalidis

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Yarra One has been designed by Fender Katsalidis, who has been mindful to anchor the sculptural building and its curved façade within the context of South Yarra.

“For the residents, the experience within Yarra One is one of immersive materiality and refined detail”, Fender Katsalidis founding director, Karl Fender, said.

“Composed of clean lines, subdued lighting, green outlooks and rich textures, both the shared amenity spaces and the residences themselves offer a haven of calm and the warmth of a traditional home.”

4. Concierge services

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Yarra One residents will have access to a 24-hour concierge-style app, which will allow for booking of a number of hotel-style services, with everything from&nbsp;pet grooming and walking to personal trainer bookings.

“By offering our residents 6-star services 24 hours a day, we aim to further amplify the&nbsp;Yarra One&nbsp;living experience as a beautiful, luxurious home that pampers, comforts, and inspires our residents," Ong says.

The concierge desk is as luxe as the rest of the building, set in the ground-floor&nbsp;lobby which features a marble block sculpted as a reception desk, framed by elegant brass and bronze detailing.

Services offered by the concierge include welcoming guests, receiving packages, organising transport or arranging reservations for amenity spaces within the building.

5. Dining and library spaces

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Dining and library spaces were designed to act as a natural extension of the apartments at Yarra One, created with smoked timber floors and soaring double-height ceilings.

Residents will have access to the mezzanine cocktail level, plush lounge around an elegant fireplace or the lush gardens of the rooftop.

These communal lounges create an open and stylish space for spending time alone or entertaining friends.

6. Bespoke interiors

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Yarra One features impressive apartments with intelligently-designed interiors in a range of configurations.

Each residence includes floor-to-ceiling windows, custom-designed pendant lights and elegant island benches that introduce an additional layer of sculpted artistry.

Premium integrated Miele appliances and generous butler’s pantries form the kitchen and provide an elegant and practical space for everyday living.

7. Choice of light and dark scheme

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Residents at the South Yarra development can choose between two colour palettes, a light and a dark scheme.

The light scheme features lighter tones in the oak flooring, benchtop and light joinery that connect visually with the bronze pendant lights and kitchen rangehoods.

[smartcode_project:default project_id=3127 project_image_fid=182005]

In the darker scheme, the pendant lights and rangehood provide a contrast with the dramatic tones of the dark stone benchtop, ebonised joinery and rich oak flooring.

8. Health and wellness offerings

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With designated spaces with a focus on wellness and helping residents available at Yarra One, buyers can enjoy convenient fitness and relaxation offerings.

A gym on level one looks out onto the residents’ garden, while the yoga and dance studio connects to the private spa terrace.

9. Wine room

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“Modelled after a finely detailed cigar box, the wine room at Yarra One has been designed to reflect the prestige of the bottles contained within”, the project marketing reads.

The luxury temperature-controlled room features smoked oak floors, timber joinery and bronze accents.

Adjacent to the lounge and dining room, the wine room is perfect for uncorking bottles or preparing cheese boards for a cocktail party.

10. Connected locale

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Coming home to Claremont Street, residents are nestled amongst the very best of South Yarra and within reach of all of life’s needs.

The suburb is within walking distance to some of Australia’s best known private schools, a ten-minute train ride from the Melbourne CBD, nearby renowned sporting venues and the sprawling Royal Botanic Gardens.

Leading tertiary institutions, fine galleries, and shopping along Collins Street make up the best of urban living.

[smartcode_project_cta: project_id=3127]

The $250 million development boasts numerous amenities and a striking design, with rectilinear patterns and pure geometry.

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The top 10 reasons to buy at the South Yarra apartment development, Yarra One

There&#39;s been a push for increased amenity within apartment buildings, as residents seek to have everything in one place.&nbsp;

Developers across Melbourne have taken note, and are building apartment projects with extensive communal facilities so residents can interact with neighbours and invite friends over in a larger space.

The type of amenity varies by development, whether it&#39;s a&nbsp;shared living and dining space, rooftop communal gardens, or luxury lap pools and spas.

In the first part of our Shared Spaces, we&#39;ve taken a look at four apartment developments across Melbourne which have dedicated spaces for residents to unwind.

1. Hawthorn Park, Hawthorn East 
Developer: Dahua Group

[smartcode_project:default project_id=3730 project_image_fid=171605]

Hawthorn Park is truly a landmark suburban development with world-class amenities on offer exclusively to residents. &nbsp;

Among these include plenty of bookable lounge and dining rooms with fully equipped chef&rsquo;s kitchen.

[smartcode_project:default project_id=3730 project_image_fid=171601]

Two of the four buildings that form Hawthorn Park link via a sky terrace and boardwalk that accompany the sky pool, perfect for memorable occasions and everyday affairs.

The development boasts 2,000sqm of landscaping designed by Jack Merlo, as well as outdoor facilities, including hammock lounges, lawns and landscaped walkways, alfresco dining and vegetable gardens.

2. 4 Ballarat Street, Brunswick 
Developer: Assemble

[smartcode_project:default project_id=94542 project_image_fid=160739]

Located in the heart of Brunswick, Assemble&rsquo;s new rent-with-the-option-to-buy project, 4 Ballarat Street, focuses on bringing communities together.

&ldquo;4 Ballarat St.&nbsp;has been designed to bring people together offering residents an enriched and connected life beyond their four walls&rdquo;, said Assemble&rsquo;s Rebecca Shackleton.

[smartcode_project:default project_id=94542 project_image_fid=160741]

The development boasts a shared rooftop garden, designated dog park, green planting space and a shared clothesline on level eight.

Other shared facilities include a parcel room, lending library, multi-purpose room and workshop space.

3. Riverbank, Abbotsford 
Developer: Salta Properties

[smartcode_project:default project_id=4136 project_image_fid=156275]

Riverbank, one of two buildings at The Park House, resides on the banks of the Yarra River, not only connecting residents to the surrounding nature, but through world-class amenities at your fingertips.

Unrivalled building amenity exclusive to each residence has been provided to ensure occupants will be able to create a sense of lifestyle and community within the broader Park House project.

[smartcode_project:default project_id=4136 project_image_fid=166464]

The development, designed by SJB, boasts a pool, gym, cinema, resident&rsquo;s lounge and library, kids playroom, deluxe eight-seater cinema, bike workshop and golf simulation room.

SJB has aimed to transform the space into a &lsquo;new neighbourhood&rsquo; with an improved public realm thanks to the common facilities.

4. The Evermore, Southbank 
Developer: Landence Group

[smartcode_project:default project_id=2087 project_image_fid=180823]

The Landence Group&rsquo;s latest Southbank development, the Evermore, features a range of shared spaces that present a sense of escape from the everyday.

Influenced by the world&rsquo;s grand hotels, the development boasts two private dining spaces for each of its buildings that overlook central courtyards.

[smartcode_project:default project_id=2087 project_image_fid=180836]

Dining rooms sit adjacent to inviting communal lounges provided for residents&rsquo; relaxation and enjoyment.

Communal lounges incorporate high-quality materials like marble, dark timber, and brass trims, and are ideal for some quiet &lsquo;me-time&rsquo; or relaxation with guests and other residents.

A new wave of luxury apartment living is arriving in Melbourne, with discerning buyers seeking high-end amenities, communal resident spaces and elegant design.

Shared Spaces Part I: Four Melbourne apartments with communal resident space

A 111-residence residential project across two buildings in Ringwood, Nelson Bourke, was recently presented their second award from the 2021 Design Matters National building design awards, following a win the previous year.

The project&rsquo;s second stage at 8 Bourke Street was awarded the &lsquo;Multi-Residential Over $6M Award&rsquo; by the leading professional body for building designers.

Delivered by Orion International Group and designed by renowned CK Architecture, the award-winning project also received a commendation for the &lsquo;Medium Density Development Award&rsquo; from the 2019 UDIA awards for excellence for their first stage.

[smartcode_project:default project_id=3313 project_image_fid=20488]

Nelson Bourke and the designs&#39;&nbsp;forward-thinking has been met with a positive reception from buyers, as well as the Maroondah City Council, evidenced in the successful sell-out of the first stage in 10 months.

The 8 Bourke Street mid-rise integrates sophisticated luxury and peaceful sanctuary living, providing 49 one, two and four-bedroom apartments over four levels.

Just metres from the bustling Eastland Shopping Centre, the project brings the sleek and contemporary architecture of the inner city to the suburbs.

[smartcode_project:default project_id=3313 project_image_fid=39028]

Designed to attract with eye-catching street appeal, the signature &lsquo;8OURKE&rsquo; lit sign gives the building a strong presence and sense of identity.

Design cues were taken from the leafy Ringwood area and surrounds, offering a consistent look and field to other properties in the area and replicating the stylish, large homes on a smaller scale.

The fa&ccedil;ade features premium fa&ccedil;ade cladding and stone that elevate the concept of luxury design, but also impart a welcoming and homely feel.

[smartcode_project:default project_id=3313 project_image_fid=39024]

Bespoke, light-filled apartments see stone flowing seamlessly through to the interior, creating a sense of refinement.

[smartcode_project_cta: project_id=3313]

8 Bourke Street was awarded the ‘Multi-Residential Over $6M Award’ at the 2021 Design Matters National building awards

Back-to-back award win for Ringwood apartment development, Nelson Bourke

A premium development of 42 homes, the Woodlands is the newest residential project in Keysborough delivered by the Aultun Group.

Situated at 21-23 Loxwood Avenue, the Woodlands features a collection of double-storey, three and four-bedroom homes.

Urban takes a look at eight reasons why you should invest in a Keysborough home at the Woodlands.

1. Surrounded by parklands

[smartcode_project:default project_id=108775 project_image_fid=179327]

Nestled on the quiet Loxwood Avenue, homes at the Woodlands back onto peaceful parkside.

Surrounded by parklands, walking trails, and close to Mordialloc beach, the property provides residents with unrivalled access to the outdoors.

Families can enjoy strolling through Tatterson Park wetlands, or take a short drive to the beach.

2. Sophisticated architecture

The elegant design of the Woodlands&rsquo; fa&ccedil;ade sets the tone for modern and timeless interiors.

Homes feature a complementary colour palette of greys and timber accents, large floor-to-ceiling windows and generous ensuites.

Each design focuses on space and functionality, with spacious living zones and a modern style that flows from room to room.

3. Revitalisation of the Dandenong region

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The revitalisation of the Greater Dandenong has continued to transform the region, adding strong incentive to invest.

In 2006, the Victorian Government pledged $290 million to this renewal over the next 20 years to 2026, which will leverage $18 billion in private sector development, create 5,000 new jobs and 4,000 new homes.

4. Expected growth

Spotted with new housing estates,&nbsp;Keysborough is now a flourishing Melbourne suburb.

Annual house price growth for three-bedroom homes is 12.5 per cent, while four-bedroom homes are seeing 16.5 per cent growth, according to the developers.

5. Family suburb

[smartcode_project:default project_id=108775 project_image_fid=179331]

Over one third of Keysborough residents are older couples and families or established couples and families.

The Woodlands was thoughtfully created with aspirational families in mind, and the suburb boasts everything a family needs and more, surrounded by schools, sporting facilities and parks.

6. Delivered by Aultun Group

[smartcode_project:default project_id=108775 project_image_fid=179329]

A trusted developer, the Aultun Group has created a range of apartments and townhouses in Melbourne&rsquo;s most sought-after suburbs.

&ldquo;We deliver premium, quality developments for discerning investors, and we pride ourselves on our tailored approach to customer service&rdquo;, their website reads.

Other projects from development team include the townhouse Keysborough project, Haven, and Sixth Ave in Chelsea Heights.

7. Education offerings

Keysborough provides a range of educational offerings, including South Primary school, the established Haileybury College and Lighthouse Christian College.

Eight kilometres from the home, you will also find Monash, a leading Australian university that boasts a student population exceeding 85,000.

8. Great neighbourhood amenities

[smartcode_project:default project_id=108775 project_image_fid=179332]

The Woodlands has been established to bring everything to your doorstep for the rare combination of convenience and privacy.

Explore amazing food offering, caf&eacute;s and shopping at Parkmore shopping centre or a range of shopfronts dotted through the suburb.

Keysborough also boasts amenities, such as the Southern Golf Course, an accessible transport system and community hubs.

[smartcode_project_cta: project_id=108775]

Urban takes a look at eight reasons why you should invest in a Keysborough home at the Woodlands. 

Sanctuary by the park: Eight reasons why you should invest in the Woodlands, Keysborough townhouses

Prospective buyers have never had a better opportunity to buy a&nbsp;property in the City of Melbourne.

The State Government is offering stamp duty incentives for new properties purchased within the City of Melbourne area. A 50% concession on stamp duty is available for new properties worth up to $1 million, for contracts entered into before June 30 2022.&nbsp;If the new property has been on the market for more than 12 months, then stamp duty is waived completely.

It includes all of the locations in the City of Melbourne local government area, which&nbsp;includes the surrounding city areas of Docklands, <a href="/new-apartments/southbank-vic-3006">Southbank</a>, and <a href="/new-apartments/kensington-vic-3031">Kensington</a>.

Experts are saying that now is the right time to buy in Melbourne, while the stamp duty savings are in place, and before international migration and investment really fires back up, which in turn drives prices higher.

Both concessions are applicable for owner-occupiers and investors,&nbsp;and can be used in conjunction with other offers like off the plan deals and first home buyer grants.

We've wrapped up the best developments currently on the market in the City of Melbourne LGA which either have only 50% stamp duty payable, or none at all.

<h2><a href="/new-apartments/docklands-vic-3008">Docklands</a></h2>

Project name: <a href="/buildings/east-tower-melbourne-quarter-628-flinders-street-docklands">East Tower,&nbsp;Melbourne Quarter</a> 
Developer: Lendlease 
Priced from: $455,000 
Stamp duty: Pay $0 stamp duty on new apartments under $1 million*

[smartcode_project:default project_id=3459 project_image_fid=179458]

The national property developer, Lendlease, has put everything in one place for residents at Melbourne Quarter, with the recently completed East Tower featuring three whole floors of resort-style amenities.

Dubbed Club MQ, residents will have exclusive access to, a 25-metre indoor swimming pool, spa, sauna, steam room,&nbsp;yoga room, theatrette, and a library.

[smartcode_project:default project_id=3459 project_image_fid=179455]

Melbourne Quarter will be named Melbourne's greenest city precinct, with around 50 per cent of the 2.5 hectare precinct dedicated to outdoor open space.

Melbourne Quarter's prime Flinders&nbsp;Street location puts residents in the heart of the action, and&nbsp;a stones throw from&nbsp;Southern Cross Station, one of the major transport hubs in Melbourne city.

Project name:&nbsp;<a href="/buildings/voyager-docklands-103-south-wharf-drive-docklands-vic-3008">Voyager</a> 
Developer: Mirvac 
Priced from: $475,000 
Stamp duty:&nbsp;Save 50% stamp duty on new apartments under $1 million*

[smartcode_project:default project_id=3494 project_image_fid=184725]

Voyager tower is the eigh​th completed apartment tower in Mirvac’s Yarra’s Edge masterplan, designed to include a variety of indoor and outdoor spaces.

The $300 million development on the Docklands waterfront rises 130 metres and is home to a sweeping range of facilities.

Designed by Mirvac’s in-house design team, its resident-only amenities and contemporary apartments have boosted investor interest in the development, from an art gallery in the lobby to resident skydeck.

[smartcode_project:default project_id=3494 project_image_fid=184722]

The first half of 2021 saw 20 per cent more sales in the recently completed building, compared to the same time last year, with&nbsp;owner-occupiers accounting for 78 percent of purchasers over the period.

Mirvac&nbsp;General Manager for Residential Victoria, Elysa Anderson, said buyers were drawn to the luxury apartments, exceptional amenity and beautiful waterfront living Yarra’s Edge has to offer.

<h2><a href="/new-apartments/southbank-vic-3006">Southbank</a></h2>

Project name: Melbourne Square 
Developer: OSK Property 
Priced from: $711,400 
Stamp duty: Pay $0 stamp duty on new apartments under $1 million*

[smartcode_project:default project_id=2929 project_image_fid=137896]

Melbourne Square is arguably Melbourne's most convenient address. The two completed towers, designed by Cox Architecture with interiors by Carr Interior Design, are located in the heart Southbank.

Part of the $2.8&nbsp;billion development by OSK Property&nbsp;is Melbourne's only&nbsp;double-storey Woolworths supermarket.&nbsp;Located adjacent from Melbourne Square&nbsp;a mix of eateries including&nbsp;Theo's Fish Bar, Sicilian pizzeria Pizza Pantelleria, specialist roasters and cafe Espresso Bar, Vietnamese restaurant Golden Bunny by Tho Tho, Japanese cuisine experts Waku Waku and a new BWS bottle shop.

One of the most impressive features is the city's largest resort-style pool, at 50 metres long, which soars 54-levels into the sky. Residents will also have access to private dining facilities, bookable games rooms, a theatre, music room, yoga studio, gym, and even a golf&nbsp;simulator.

Based on the&nbsp;purchase of an $850,000 apartment, buyers can save over $120,000 with the combination of government concessions and&nbsp;a number of developer incentives,&nbsp;including Coco Republic furniture packages and styling consultations, Samsung white goods and a Lovelight blinds package.

Project name: <a href="/new-apartments/viv-re-on-dorcas-10-16-dorcas-street-south-melbourne">Vivére on Dorcas</a> 
Developer: BEKL 
Priced from: $490,000 
Stamp duty: Save 50% stamp duty on new apartments under $1 million*

[smartcode_project:default project_id=108979 project_image_fid=181109]

Vivére on Dorcas boasts a new collection of 36 upscale residences delivered by BEKL, Amazon Property Group’s Australian operation.

The 20-storey project soars above the Voco Hotel and offers one, two and three-bedroom apartments, premium hotel services, and a range of recreational amenities.

These include a gym, bike hire, car share, room service, maid service, restaurant, bar, car charging station, conference rooms, 24/7 concierge services, and 2,293 sqm of coworking space.

Apartment interiors combine artful design with luxury finishes, including oversized floor-to-ceiling windows, V-Zug appliances, statement bathrooms and considered floorplans.

Project name: <a href="/buildings/australia-108-southbank-70-southbank-boulevard-southbank">Australia 108</a> 
Developer: World Class Global 
Priced from: $480,000 
Stamp duty: Pay $0 stamp duty on new apartments under $1 million*

[smartcode_project:default project_id=582 project_image_fid=182857]

Australia 108 is one of the most impressive projects to grace the Melbourne skyline. The tallest residential tower in the southern hemisphere, the completed&nbsp;Australia 108 has some of the highest amenities ever offered to buyers.

The 70th floor Star Club, located in the iconic, protruding gold starburst around 300 metres from the street, is where residents will have access to 2,800 sqm of amenity, including a heated&nbsp;infinity pool, a gym with yoga studio, sauna, spa and steam room, private movie theatre, and an outdoor barbecue entertaining space.&nbsp;

There's further amenity on level 11, with the Sky Rise Club hosting a second pool, gym, a virtual golf simulator, a private movie theatre, and a private&nbsp;dining room.

[smartcode_project:default project_id=582 project_image_fid=182879]

“World Class Global’s commitment to beautiful design and glorious amenity will make Australia 108 one of Australia’s most envied addresses”, World Class Global CEO David Ng said.

Australia 108 has been designed by one of Australia's most renowned architecture practices, Fender Katsalidis, with interiors by the equally well-known Carr Design.

<h2><a href="/new-apartments/west-melbourne-vic-3003">West Melbourne</a></h2>

Project name: <a href="/buildings/parkhill-apartments-west-melbourne-408-spencer-street-west-melbourne">Parkhill Apartments</a> 
Developer: Central Equity 
Priced from: $489,000 
Stamp duty: Pay $0 stamp duty on new apartments under $1 million*

[smartcode_project:default project_id=27406 project_image_fid=68150]

The well-connected Parkhill Apartments offers stylish residences on the fringe of the Melbourne CBD, located only metres from the tranquil Flagstaff Gardens and other amenities.

Delivered by Central Equity, the project benefits from bright apartments with up to 2.7-metre-high ceilings, spacious balconies and seven-day concierge service.

One and two-bedroom apartments remain in the tower, which offers residents a rooftop gym, rooftop garden and seven-day concierge.

<h2><a href="/new-apartments/melbourne-vic?bedroom-prices2=1000000&amp;any-bedrooms=1&amp;bedrooms%5Bvalue%5D=1&amp;bedrooms%5Bvalue2%5D=5&amp;any-bathrooms=1&amp;bathrooms%5Bvalue%5D=1&amp;bathrooms%5Bvalue2%5D=3&amp;any-parking=1&amp;parking%5Bvalue%5D=1&amp;parking%5Bvalue2%5D=4">Melbourne</a></h2>

Project name: Queens Place 
Developer: 3L Alliance 
Priced from: $439,600 
Stamp duty: Pay $0 stamp duty on new apartments under $1 million*

[smartcode_project:default project_id=2806 project_image_fid=175417]

The $1 billion twin-tower development, Queens Place, rises 70 stories as one of the Melbourne CBD's largest residential developments.

Developed by 3L Alliance and designed by Fender Katsalidis and Hecker Guthrie, Queens Place is another Melbourne project focused around putting everything in one place.

The Queen Street development has a five-level podium with a range of offerings&nbsp;such as a medical clinic, childcare facilities and professional suites.

Queens Place goes further than hotel-style amenity. While still offering a swimming pool and spa, the project also gives residents exclusive access to private dining rooms with a caterer’s kitchen, a games room, private cinema, library, poker room, karaoke suite, and even a cigar bar.

<h2><a href="/new-apartments/kensington-vic-3031">Kensington</a></h2>

Project name: <a href="/buildings/38-albermarle-st-393-macaulay-road-kensington">393 Macaulay Road</a> 
Developer: Assemble 
Priced from: $580,000 
Stamp duty:&nbsp;Save 50% stamp duty on new apartments under $1 million*

[smartcode_project:default project_id=8415 project_image_fid=81542]

The Kensington apartment development 393 Macauley Road, created by the affordability conscious developer Assemble, offers one of the largest one-bedroom square metre sizes on the market.

There are 73 one, two and three-bedroom apartments over eight levels, with the one-bedroom apartments starting from 65 sqm of internal space.

Under their Assemble Futures model, the development bridges the gap between renting and owning your home, allowing residents to lease their apartment while they save to buy.

Designed by Fieldwork, the project will restore and retain the façade of the Harry A. Norris designed heritage building, picking up cues from the art deco design in interior communal spaces.

*Conditions apply - for more information <a href="https://www.sro.vic.gov.au/land-transfer-duty-concession-or-exemption-city-melbourne-residential-property-transactions">click here</a>.

A 50% concession on stamp duty is available for new properties worth up to $1 million, for contracts entered into before June 30 2022

The top eight apartments in the City of Melbourne offering full or 50% stamp duty savings

Sales have launched at the new Ormond apartment development, Walsh Grange.

The contemporary collection of just 23 one, two and three-bedroom apartments is being developed in a joint venture between CQ Property Development and Loi Projects, who had the local architecture firm Telha Clarke design the modern low-rise building.

Their focus was to create a feeling of connection, through shared public spaces, and surrounding gardens and trees.

Prices start from $479,000 for the near 50 sqm one-bedroom apartments. All apartments, as high as the near 100 sqm three-bedroom apartments, are priced under $1 million.

[smartcode_project:default project_id=108897 project_image_fid=180972]

Named after its corner location bordering Walsh and Grange Street, Walsh Grange a rare new development for Ormond, which has quietly been one of Melbourne&#39;s most sought-after suburbs, on the fringe of the popular Bayside area. Ormond is&nbsp;now blessed with bustling retail precincts, extensive amenities, and great education options.

Access to major road networks, spacious public parks and gardens, and a nearby beach also provide convenient access to all of life&rsquo;s necessities.

Within 10 minutes you&#39;re by the bay at North Road foreshore, where there&#39;s a beach-side bike path stretching around the southern bay for kilometres.

[smartcode_project:default project_id=108897 project_image_fid=180981]

Ormond maintains the community charm of the Bayside lifestyle, with numerous restaurants, caf&eacute;s and nearby shopping strips, including Carnegie, Bentleigh and Caulfield.

The development will likely be a hit with families, given the close proximity to a number of Melbourne&#39;s best schools, including&nbsp;Kilvington Grammar, Bentleigh Secondary College and McKinnon Secondary College.

Monash University, one of Australia&rsquo;s top tertiary institutions, is also nearby.

[smartcode_project:default project_id=108897 project_image_fid=180974]

Ormond is near some of Melbourne&rsquo;s best parklands, with playgrounds, sporting grounds and facilities adding further opportunities for family fun and entertaining.

Walsh Grange has been designed to deliver the security of community and the comfort of a private, premium residence.

[smartcode_project_cta: project_id=108897]

In recent years, Ormond has undergone a transformation, now blessed with bustling retail precincts, extensive amenities, and great education options

Sales launch at Walsh Grange, Ormond's newest apartment development

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.

Located on Southbank Boulevard, the striking tower was designed by renowned architecture firm 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.

Urban has taken a look at the tower in more detail and why&nbsp;buyers should be considering an apartment.

1. The Tower

Soaring 319 metres, Australia 108 is Australia&rsquo;s tallest tower and the largest residential tower in the Southern Hemisphere.

[smartcode_project:default project_id=582 project_image_fid=79946]

&ldquo;No other address offers the opportunity to live at such amazing altitudes&rdquo;, World Class Global advise.

Inspired by the Commonwealth star and the Australian flag, the golden protruding &lsquo;starburst&rsquo; delivers panoramic views and quality amenities that bring the community together.

Australia 108 will soar above the Melbourne skyline for generations.

2. The Hotel-style Amenities

&ldquo;World Class Global&rsquo;s commitment to beautiful design and glorious amenity will make Australia 108 one of Australia&rsquo;s most envied addresses&rdquo;, World Class Global CEO David Ng said.

The apartment complex features hotel-quality amenities, including grand lobbies, a ground-floor lounge and porte-coch&eacute;re.

[smartcode_project:default project_id=582 project_image_fid=182879]

On level 11, the Sky Rise Club features a lap-pool, well-equipped gym, theatrette, grand dining room and virtual golf room.

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.

[smartcode_project:default project_id=582 project_image_fid=182863]

3. The Interiors

[smartcode_project:default project_id=582 project_image_fid=182851]

Australia 108 interiors have been crafted by Melbourne-based design firm, Carr Design, with each apartment presenting an impressive layout.

The one, two and three-bedroom apartments feature floor-to-ceiling windows, abundant light and a rich material palette.

The Cloud Residences feature open-plan living and dining spaces and generous bedrooms and ensuites with abundant natural light.

Offering timeless design, the apartments&rsquo; entertainers kitchen and bathrooms are dressed in natural stone, and include premium appliances and a hidden scullery or butler&rsquo;s pantry.

4. The Location

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Situated moments from all the offerings of the Melbourne CBD, Australia 108 is perfectly positioned to make the most of the urban lifestyle.

The tower is located just a three-minute walk to the Crown Casino and Entertainment Complex, with an array of fine restaurants, shopping, and riverside dining also nearby.

The Arts Precinct is just 650-metres away, while major sporting venues, like the Melbourne Cricket Ground and Marvel Stadium are two kilometres from the residence.

City of Melbourne has invested $42 million to transform Southbank and secure its reputation as the city&rsquo;s premier arts and cultural destination for generations to come.

5. The Local Amenities

[smartcode_project:default project_id=582 project_image_fid=182856]

Southbank is home to Melbourne&rsquo;s cultural heart, with the city&rsquo;s arts and entertainment precincts within an easy walking distance.

Some of the best Australian and international exhibitions, performances and concerts have made their way to the National Gallery Victoria, The Arts Centre, The Australian Ballet and local theatres nearby.

With the transformation of Southbank underway, residents can expect 2.5 hectares of new open green spaces, alongside infrastructure upgrades to improve access and activation.

A destination for delicious dining, the suburb features many popular restaurants along the promenade, and charming arcades reveal hidden top-hatted restaurants and hip cafes.

[smartcode_project_cta: project_id=582]

Developed by World Class Global, Australia 108 is the newest icon of the Melbourne skyline, taking pride of place for years to come

Five reasons why buyer's love Australia 108 apartments in Melbourne's Southbank

Central 35 is a new 14-storey development located in the heart of Melbourne&rsquo;s north-west suburb of Moonee Ponds.

The development is set to home&nbsp;65 apartments in one, two and three-bedroom configurations, as well as three penthouses, when it is completed in next year.

[smartcode_project:default project_id=107733 project_image_fid=179547]

Just six kilometres from the CBD, Moonee Ponds boasts a mix of historic buildings, ornate, well-maintained fa&ccedil;ades and more contemporary architecture.

Central 35 unique design stands out amongst the streetscape, while referencing the dynamism of the urban lifestyle.

[smartcode_project:default project_id=107733 project_image_fid=179546]

The project includes ground floor commercial and retail offerings, transforming the Hall Street retail strip into an apartment stronghold, while maintaining convenient access to shopfronts and caf&eacute;s.

Boasting a wide array of shops and restaurants, the Moonee Ponds Central Shopping Centre is right on the doorstep of Central 35, as well as nearby parks and recreation facilities within walking distance.

[smartcode_project:default project_id=107733 project_image_fid=179548]

Getting around is easy and convenient with both the Moonee Ponds train station and the local tram stop within 100 metres.

Moonee Ponds is seeing an average population growth of seven per cent per annum, and average capital growth rates at 4.63 per cent over the past ten years.

Nearby, the Queens Park, with its idyllic green surrounds and lovely public art pieces, provide the opportune space to get away from the bustle relax on one of the lakeside picnic tables or the banks of the Maribyrnong River.

[smartcode_project:default project_id=107733 project_image_fid=179550]

With one-bedroom apartments beginning from $405,000, Central 35 delivers apartments below the average median apartment price of $452,000, according to RP Data.

The development is expected to reach completion in 2022.

[smartcode_project_cta: project_id=107733]

Central 35 is a new 14 storey development located in the heart of Melbourne’s north-west suburb of Moonee Ponds. 

Get to know Moonee Ponds: New development Central 35 offers apartments in Melbourne’s north-west

Sierra Hawthorn, located in the vibrant hub of Melbourne's Hawthorn, boasts exclusive amenities for residents to enjoy.

Delivered by JD Group, the 293-residence development is a mix of two and three-bedroom apartments with spacious floorplans.

Floor-to-ceiling windows deliver abundant light and highlight the contrast of rich, dark wood and high-quality stone found within these open-plan residences.

Designed by Rothelowman, the bold architecture of Sierra forms a unique ‘S’ shape, unmissable from Burwood Road.

[smartcode_project:default project_id=2637 project_image_fid=21157]

In the kitchen, oak floorboards, cabinetry, and built-in European appliances create the ideal kitchen to entertain and cook within.

Floor-to-ceiling tiles, clear glazed shower screens, and generous storage characterise the bathrooms, seamlessly blend elegance, form and function.

But it is what is outside the confines of each individual residence that speaks to the true offerings at Sierra Hawthorn.

Urban takes a look at five amenities on offer at the new development.

1. Landscaped Courtyards

[smartcode_project:default project_id=2637 project_image_fid=187171]

Nestled within the Sierra’s elegant curves sit two large courtyards that present a broad, leafy outlook.

The gardens and leafy walkways provide an avenue for peaceful meditation, relaxation or entertaining family and friends.

2. Rooftop &amp; Garden

&nbsp;

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The private rooftop garden offers a host of facilities whilst also delivering great views across the Melbourne CBD.

These include Indoor-outdoor dining and a barbeque area with lounges for residents to revel in the outdoor ambience.

3. Sierra Hawthorn Lobby

[smartcode_project:default project_id=2637 project_image_fid=187168]

The imposing entrance at Sierra Hawthorn means that residents, and their guests, are always welcomed home.

Wide, glass-fronted façade, broad inviting stairs and the use of European timber and feature lighting ensure this is a place for grand entrances.

4. Gymnasium

[smartcode_project:default project_id=2637 project_image_fid=187170]

A well-equipped gymnasium with a leafy, courtyard outlook provides opportunities for fitness and relaxation in perfect harmony.

Health-conscious residents can enjoy getting their fitness fix without leaving the comfort of their new surroundings.

5. Swimming Pool &amp; Spa

[smartcode_project:default project_id=2637 project_image_fid=187169]

If you love laps or just enjoy a refreshing dip, Sierra Hawthorn’s sparkling, 22-meter pool is the ideal indulgence. &nbsp;

For those who prefer a refreshing spa day, the spa and sauna provides great amenity to residents.

[smartcode_project_cta:default project_id=94104]

Sierra Hawthorn, located in the vibrant hub of Hawthorn, boasts exclusive amenities for residents to enjoy.


Why first home buyers are keen on the amenities at Sierra, Hawthorn apartments

Melbourne apartments values continued to show their resilience&nbsp;over 2021, with a further 0.5 per cent growth in November, CoreLogic&#39;s&nbsp;monthly Hedonic Home Value Index found.

Melbourne&#39;s rolling quarterly gains are now at 1.7 per cent,&nbsp;following a one per cent gain over October and 0.2 per cent growth over September.

The median apartment value across Melbourne is now 8.4 per cent higher than it was at the start of 2021, up from $576,000 to $626,000

[smartcode_project:default project_id=2806 project_image_fid=175417]

Based on median values, capital city houses are now 37.9 per cent&nbsp;more expensive than capital city units &ndash; the largest difference on record. In dollar value terms, a capital city house is averaging around $240,500 more than a capital city unit.

In Sydney, where the gap between house and unit values is the widest, a house costs $523,000 more on average than a unit. Melbourne&#39;s gap is around $360,000.

Although values are continuing to rise, the November result was the softest outcome since January when values rose 0.9 per cent.

[smartcode_project:default project_id=2929 project_image_fid=137895]

Tim Lawless, CoreLogic&rsquo;s research director, says the slowdown in the pace of growth is due to a number of reasons.

&ldquo;Virtually every factor that has driven housing values higher has lost some potency over recent months. Fixed mortgage rates are rising, higher listings are taking some urgency away from buyers, affordability has become a more substantial barrier to entry and credit is less available,&quot; Lawless noted.

&ldquo;With such a large value gap between the broad housing types, it&rsquo;s no wonder we are seeing demand gradually transition towards higher density housing options simply because they are substantially more affordable than buying a house.&quot;

[smartcode_project:default project_id=108979 project_image_fid=181109]

Apartment rents in Melbourne continue to rise at a faster pace than house rents over the past four or five months, one of the few capital city&#39;s to be doing so, as investors become more and more inclined to get back in to the inner-city market.

&ldquo;Melbourne&rsquo;s unit sector was previously recording the weakest rental conditions of any capital city, with rents plunging -8.5% between March 2020 and May 2021,&quot; Lawless said.

&quot;It seems that more tenants are taking advantage of the renewed affordability of unit rentals, especially across inner city precincts where rents had previously fallen sharply.&quot;

In Sydney, where the gap between house and unit values is the widest, a house costs $523,000 more on average than a unit. Melbourne's gap is around $360,000.

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