<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?

Melbourne&#39;s top apartment sale in the past week was an off m​arket deal in the Eastbourne complex in East Melbourne.

The 1104/296 Victoria Parade apartment fetched $2,337,500.

It sold through Caine Real Estate agents Peter Hannon and Toby Campbell.

The 138 sqm apartment in the Mirvac project designed by architects, Bates Smart first sold off the plan in 2017 at $1,905,000.

[smartcode_project:default project_id=1003 project_image_fid=15327]

The marketing of the parkside block commenced in 2016 ahead of its 2019 completion.

It boast hotel-style amenities such as a 24-hour concierge, pool, spa, gym, yoga-pilates room, private lounge, wine cellar, dining room, theatre room and business centre.

Melbourne&#39;s second highest advised sale was a twonhouse at 30a Park Crescent, Caulfield North which fetched $2,310,000.

The third priciest was a townhouse at 6 Mills Street, Albert Park.&nbsp;

The off market sale was apartment 1104 in the Eastbourne complex

jchancellor-FAypfDUnLy

$2.3 million Mirvac-built Eastbourne resale tops Melbourne's weekly apartment sales list

The award-winning, ASX-listed property developer, Mirvac, have been providing high quality homes, across both the apartment and house and land space, for over five decades.&nbsp;

Their latest masterplan is the $1.3 billion Olivine,&nbsp;located 30 kilometres from Melbourne within the northern suburb of Donnybrook. The&nbsp;benchmark master-planned community sits on 465-hectares and is focused on providing a quality lifestyle and premium amenity. The project offers a range of lifestyle options, which have been well received by young families seeking space, natural surrounds and quality education.

By 2037, approximately 11,000 residents will call Olivine home, with around 4,500 homes to be developed over the next 15-years.

[smartcode_project:default project_id=28126 project_image_fid=186050]

The pipeline of infrastructure is well underway, with the $2.5 million Olivine&nbsp;Place completed,&nbsp;featuring Shared Cup Cafe,&nbsp;the Shared Space Community Hub, a pop-up Library&nbsp;as well as the Olivine Sales Office. The thoughtfully designed Gumnut Park precinct also offers an adventure playground, surrounded by 200-year-old River Red Gums.

Olivine is committed to lifelong learning and ensuring there are educational options for residents of any age.

Hume Anglican Grammar, Donnybrook Campus is located within the community and currently offers Prep to Year 6 with eventual expansion to Year 12. Hayes Hill State Primary School is also anticipated to open in 2023, along with the Wallaby Childcare Centre while PRACE Adult Education offers programs in partnership with Winslow Constructors from Olivine Place.

[smartcode_project:default project_id=28126 project_image_fid=186051]

Future amenity at Olivine includes a nine-hectare sporting precinct that has commenced construction as well as planned local town centre that will be home to two supermarkets, 20 specialty shops, and a community centre.

Mirvac has recently launched Parkscape Townhomes at Olivine, which offers three and four-bedroom turnkey townhomes designed and built by Mirvac, situated facing lush parklands and open spaces.

The homes offer flexible floorplans, premium upgrades including a 7-Star energy rating. The Olivine Display Village showcases 14 of Melbourne&#39;s leading builders, including the likes of Porter Davis, Metricon, Simonds, and Carlisle Homes.

[smartcode_project_cta: project_id=28126]

11,000 residents will call Olivine home by 2037, with around 4,500 house and land lots to be developed over the next two and a half decades

How Mirvac is improving the lifestyle of residents of the Donnybrook community, Olivine

The number of apartments available for rent across inner Melbourne has dropped by 46 per cent since February, new data from CoreLogic shows.

CoreLogic suggested it was because of rising demand from tenants seeking affordable housing options.

It calculated inner Melbourne&rsquo;s rental stock had dropped from 9439 in February to 5074 at the end of October.&nbsp;

Peak listings were in November last year.

[smartcode_project:default project_id=2806 project_image_fid=175417]

Apartments rental listings are now 23 per cent below pre-pandemic level.

One reason for the increased interest in inner city unit rentals was the price difference, CoreLogic research director Tim Lawless said.

Capital city house rents have surged 10 per cent during the pandemic, while unit rents are at 0.3 per cent below pre-COVID-19 levels.

The average rent on an inner-city unit in Melbourne has fallen by $91 a week since March last year.

[smartcode_project:default project_id=3260 project_image_fid=62315]

It sits 18 per cent below the pre-COVID high.

Mr Lawless said rental demand for inner-city tenancies was likely to increase further as pandemic restrictions ease, workers gradually return to work and international borders re-open.

Lawless anticipates demand for inner city unit accommodation will rise &quot;substantially&quot;, as foreign students and international visitor numbers start to arrive in Melbourne.

[smartcode_project:default project_id=2929 project_image_fid=137897]

The rental performance in apartments sees a similar trend in prices.

CoreLogic puts house values up 24 percent over the year across the combined capitals, rising at more than double the annual pace of apartments, which are up 11.8 per cent.

Melbourne house values rose 19 percent over the year compared with a nine percent gain in unit values.

CoreLogic noted rising demand from tenants seeking affordable housing options

Inner Melbourne rental market improves for landlords: CoreLogic

A 503 square metre Preston site, zoned General Residential, has been listed for sale.

Teska Carson has listed the property on behalf of the Royal Children’s Hospital.

The 82 St Georges Road property has a Californian Bungalow style residence in original condition.

According to marketing agent, Teska Carson agent George Takis, the sale provides buyers with enormous potential as a development opportunity (STCA), in one of Melbourne’s most popular inner suburbs.

The property will be auctioned December 11.

"General Residential zoning aims to encourage a diversity of housing types and housing growth, particularly in locations offering good access to services and transport," he noted.

The 503 square metre site, zoned General Residential, has 14 metres street frontage

Preston housing development site listed for sale

An offshore-backed developer has purchased a prime apartment development site at Hawthorn East.

The $7.5 million comprises a 1,592 sq m on Riversdale Road.

It came with a flexible Residential Growth Zone 1. 
 
The deal was negotiated by Julian Heatherich of Savills Australia, its second sale within recent months on Riversdale Road, with both development sites transacting to groups with financial ties to Asia.

“This buyer group has grown increasingly prominent in the luxury development market and we are witnessing increased demand for large scale inner city development opportunities from local, interstate and international buyers," he said.

A Chinese developer has paid $9.7m for the nearby apartment development site at 43 Riversdale Road.

The sales team took 152 enquiries throughout the campaign for the site that holds a permit for a luxury project of 31 apartments.

$7.5 million Hawthorn East apartment site sold to Asia linked development company 

A $4.35 million sale in Parkville topped Melbourne's sales of townhouses and apartments over the past week.

It was a four bedroom, five bathroom abode featuring four levels of luxurious living with stone finishes, high-end European appliances, four-car garage, wine library, internal lift and top-level glass sky-roof that retracts to an expansive rooftop terrace.

The sale advisory came from Carlo Lorusso at In2realty Carlton.

The sale was in the award winning complex at 535 to 541 Royal Parade designed by the architect Koos de Keijzer from DKO Architecture.

The project won the the Small Scale Development of the year award at the Urban Development Institute of Australia (UDIA) Awards for Excellence in 2020.
 
It was a collaboration between DKO Architecture and interior designer Sue Carr of Carr Design Group and landscape architect Jack Merlo.

The 20 residence development was undertaken by Oliver Hume Property Funds.

Launched in 2016, Parkville by Oliver Hume was completed in late 2019 located on a site bounded by Royal Parade, The Avenue and the Capital City Trail.

Melbourne's next priciest sale advisory was $2 million for a two bedroom warehouse style apartment at 15/93 Oxford Street, Collingwood through Jellis Craig.

It came with a rooftop terrace in the historic Foy & Gibson precinct.

The 535 Royal Parade residence features four levels of living, plus individual rooftop terrace.

$4.35 million Oliver Hume-built Parkville townhouse sale tops weekly sales

Vivére on Dorcas is the latest mixed-use development to hit South Melbourne, offering a new home for residents to enjoy every dimension of vibrancy this most enviable postcode has on offer.

Situated within walking distance of Melbourne’s Art Precinct, this South Melbourne&nbsp;development adeptly echoes the Latin roots of its name, “to live”.

Urban takes a look at five reasons why&nbsp;Vivére on Dorcas should be on a buyers shortlist.

1. Hotel, commercial and residential in one

[smartcode_project:default project_id=108979 project_image_fid=181115]

Not often comes an opportunity where hotel, commercial and residential finds its way into one project.

Soaring above South Melbourne’s Voco Hotel, Vivére is a new collection of 36 upscale residences delivered by BEKL, Amazon Property Group’s Australian operation.

Voco is operated and managed by internationally renowned IHG, offering premium room services, and a range of recreational amenities extended to residents of Vivére, including a gym, a sociable restaurant and bar.

2. Collaboration between top architects at Plus

[smartcode_project:default project_id=108979 project_image_fid=181113]

Vivére is a collaboration between Plus Architect’s director-architect Jessica Liew and interior designer Ivona Golubovic.

The 20-storey building forms a sculptural façade and harnesses the exquisite sightline from the east to west with elegant curves and segments.

Founded in 1997, Plus Architecture boasts a thoughtful and professional approach to design that delivers community-responsive, energy-efficient, beautiful residences crafted around the habits and lifestyles of real people.

“The design prioritises light-filled, practical, considered spaces that denote the meaning of home in a luxury or uber-premium package”, the project marketing reads.

3. Sought-after address

[smartcode_project:default project_id=108979 project_image_fid=181109]

According to BEKL, choosing South Melbourne was an easy decision.

“The address only a stretch from the city centre, offers a lifestyle that is rich and cultured, yet distant enough to procure residents a way of life that is effortless, down to earth, and family friendly”, the developers said.

Located in an elusive pocket of South Melbourne, Vivére enjoys a closeness to Melbourne’s cultural offerings, from street art to live music, gardens to sporting matches.

4. Flawless interiors

[smartcode_project:default project_id=108979 project_image_fid=181110]

Apartment interiors combine artful design with luxury finishes, including statement bathrooms, bespoke kitchens and considered floorplans.

Oversized floor-to-ceiling windows ensure optimal natural lighting, while state-of-the-art V-Zug appliances and a Verde Riviera Quartzite kitchen island complement the opulent exterior.

Each residence features engineered wooden floors and wool-blend carpeting, while private balconies deliver panoramic street views and elevated living experiences.

5. A range of exclusive and local amenities

[smartcode_project:default project_id=108979 project_image_fid=182905]

Vivére on Dorcas is a true advocator of a healthy lifestyle, boasting a range of local and exclusive resident-only amenities.

A well-equipped in-house gym, as well as the central location of Vivére, offer opportunities to work-out, cycle on two wheels, or jog around Melbourne’s iconic Tan Track.

Situated only two kilometres from the Melbourne CBD, off the northern end of St Kilda Road, the development presents a wealth of local amenities close at hand.

These include a range of convenient transport options, including both tram and train lines, as well as the new underground Anzac Train Station expected to reach completion after the construction of Vivére.

[smartcode_project_cta: project_id=108979]

Situated within walking distance of Melbourne’s Art Precinct, this Southbank development adeptly echoes the Latin roots of its name, “to live”

max.kwok_55688

Five reasons why buyers should be looking at South Melbourne apartments, Vivére on Dorcas

For the last few years, property trends have reflected the importance of resort-style amenities and private resident facilities for investors and owner-occupiers alike.

These mixed-use developments have become a new sector mainstay in Australia, according to Cromwell Property Group, with developers increasingly combining commercial, retail, leisure and residential.

Making use of rooftop space is a hallmark of this new resort-style renaissance, from barbeque space to podium gardens.

Urban takes a look at four luxury Melbourne developments that boast exclusive resident-only rooftop space.

1. Voyager, Docklands 
Developer: Mirvac

[smartcode_project:default project_id=3494 project_image_fid=180330]

The ninth completed tower in Mirvac&rsquo;s Yarra&rsquo;s Edge masterplan, the Voyager tower is designed to include a variety of indoor and outdoor spaces.

These extend to the rooftop Skydeck and bar, which features a large rooftop terrace, barbeque area, firepit, yoga lawn, bar, dining room with chef&#39;s kitchen, theatre and karaoke room.

[smartcode_project:default project_id=3494 project_image_fid=180333]

The $300 million, 315-apartment development on the Docklands waterfront rises 130 metres and is home to a sweeping range of facilities.

Its resident-only amenities and contemporary apartments designed by Mirvac&rsquo;s in-house design team have boosted investor interest in the development.

2. Due North, Preston 
Developer: Caydon Property

[smartcode_project:default project_id=5502 project_image_fid=155342]

Climbing 12 levels and comprising 107 apartments, Due North is a new apartment addition to Preston&#39;s High Street.

The rooftop is the focal point of the resident amenity, featuring space for a work-out, a dedicated yoga lawn and gym area with weights and aerobics equipment.

[smartcode_project:default project_id=5502 project_image_fid=155331]

The tiered rooftop also includes an infinity pool with views to Melbourne, built-in seating and barbecue areas for entertaining.

Designed by Caydon Architecture, Due North is situated just 20 minutes away from Melbourne&rsquo;s CBD and features a co-working area and three retail spaces.

3. Seafarers, Docklands 
Developer: Riverlee

[smartcode_project:default project_id=27728 project_image_fid=173935]

Seafarers is transforming the city&rsquo;s last remaining Yarra River frontage into a new visionary waterfront precinct.

&ldquo;A focus on health and wellbeing was fundamental in the design process of the building&rdquo;, said Nicky Drobis, director at Fender Katsalidis.

Drobis and his design team have included numerous wellness spaces in addition to a selection of private amenities.

[smartcode_project:default project_id=27728 project_image_fid=173914]

These include a library and lounge, dining rooms, spa and sauna spaces and a rooftop barbeque and garden overlooking the Yarra River.

Centred on an inspired reimagining of the heritage-protected Goods Shed 5, the Nonda Katsalidis-designed residence will feature Melbourne&rsquo;s first international hotel-branded residences &ndash; 1 Hotel &amp; Homes, above Australia&rsquo;s first 1 Hotel.

4. Samma Place, Ivanhoe 
Developer: Samma Property Group

<img alt="" height="675" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/linden_place_samma.jpg" width="1200" />

Bringing luxury apartment living to Ivanhoe, Samma Place&rsquo;s first residential stage, Linden, will include timeless architecture and cascading garden terraces.

The distinctive address will also be home to a communal terrace on the tenth floor, featuring an outdoor barbeque and dining area, spa, sun deck, rooftop cinema and alfresco terrace.

The Level 10 amenities can be booked via the Samma Place service centre, ideal for hosting formal dinner parties or enjoying city views with friends and family.

Linden, a collection of 134 apartments, is the first of four buildings on Bell Street.

Urban takes a look at four luxury Melbourne developments that boast exclusive resident-only rooftop space

Four Melbourne apartment developments with luxury rooftop amenity

South Melbourne is known for its host of historic parkland, cultural destinations, and cosmopolitan amenity, and Landence&rsquo;s newest residential development, The Evermore, is a short walk from all of them.

Located just minutes from the CBD in a safe, quiet and leafy locale, the 24-storey development is in the ideal location in one of Australia&rsquo;s most liveable cities.

&ldquo;Surrounded by gardens, beaches and river-ways, the neighbourhood is a naturally active and healthy one, with the pristine environment that Melbourne is renowned for&rdquo;, the developers said.

[smartcode_project:default project_id=2087 project_image_fid=180823]

Presiding over the city, the two residential towers pay attention to the needs of a privileged local lifestyle with spaces informed by the surrounding environment.

Delivering 366 residences in one, two and three-bedroom configurations, residents not only enjoy the numerous amenities inside the apartment but the key attractions of the neighbourhood.

South Melbourne&rsquo;s proximity to Melbourne&rsquo;s CBD means a host of destinations and exciting activities are close at hand.

From wonderful exhibitions regularly on display at Southbank Arts Precinct, the arthouses of Federation Square and the National Gallery, or nearby sports arenas and the gardens that surround them.

[smartcode_project:default project_id=2087 project_image_fid=180832]

Nearby, the Royal Botanic Gardens offers a great escape from urban living, while residents can take a leisurely stroll around the Tan Track or a bike ride around the Yarra Trail.

Families will appreciate the choice of quality education within close range as some of the country&rsquo;s most prestigious universities, Monash, RMIT and the University of Melbourne, are minutes away.

Even closer to home, it&rsquo;s the village life of South Melbourne, the colour and flavour of the market, its artisanal makers and fresh produce, that offers residents the best of Melbourne.

The Southbank precinct is within short walking distance, putting some of this city&rsquo;s finest restaurants and caf&eacute;s at your doorstep.

[smartcode_project:default project_id=2087 project_image_fid=180834]

Designed by Hayball Architects, the interiors boast flexible living spaces, generous storage and abundant light with floor-to-ceiling windows and considered layouts.

Ranging between 60 and 120 square metres of living space, residents will enjoy each apartment&rsquo;s natural finishes and organic textures, engineered European oak floors and sophisticated colour palettes.

The Evermore&rsquo;s new East Tower has recently reached completion, delivering large floorplans connected to the most liveable city.

Amenities include a gym and pool, study and cinema, communal lounge, and central landscaped gardens designed by Tract.

[smartcode_project_cta: project_id=2087]

Located just minutes from the CBD in a safe, quiet and leafy locale, the 24-storey development is in the ideal location in one of Australia’s most liveable cities

A walking tour from the South Melbourne apartment development, The Evermore

The Evermore, the latest completed development&nbsp;by the Landence Group, features striking architectural design across its two slender towers in Southbank.

Delivering 366 residences in one, two and three-bedroom configurations, the Evermore combines convenient living and considered design.

The building features a unique, folded composition, and a louvred fa&ccedil;ade designed by Hayball Architects that creates a sense of movement while allowing panoramic views from the interior.

Apartment views will range from looking out&nbsp;across Melbourne, Port Philip Bay, or the&nbsp;Yarra Ranges.

[smartcode_project:default project_id=2087 project_image_fid=180837]

The metallic exterior that shimmers champagne and warm copper contributes to the two towers&rsquo; individuality, while also influenced by the surrounding Melbourne milieu.

At ground level, the tower integrates with commercial offerings that enhance the existing streetscape and offer convenience for residents.

A grand lobby has&nbsp;lush, tropical plantings and rich&nbsp;timbered walls, while a staggered ceiling creates a feeling of space and grandeur from above.

[smartcode_project:default project_id=2087 project_image_fid=180823]

&ldquo;Impressive clear glazed walls mean this oasis in the heart of a busy metropolis is bathed in spectacular natural light by day and warm, inviting lighting by night&rdquo;, Landence say.

Inside each residence, the Evermore boasts flexible living spaces that generate a sense of calm with considered window locations that flood the apartments with natural light.

Floorplans are spacious, ranging between 60 and 120 square metres of living space, and featuring natural finishes and organic textures, engineered European oak floors and sophisticated colour palettes.

[smartcode_project:default project_id=2087 project_image_fid=180824]

Residents can choose between two classical palettes, differentiated by a choice of dark or light timber flooring with matching veneer cabinetry and metal finish accents.

Kitchens feature stainless steel European appliances, concealed LED-lit marble splashbacks, and reconstituted stone benches.

Bedrooms offer a great sense of retreat, with inviting natural tones, timber-look wardrobes, and ribbed wool carpets.

[smartcode_project:default project_id=2087 project_image_fid=180827]

Stylish bathrooms also include generous storage options with LED-underlit mirror vanities as well as timber-look cabinets that sit below solid surface basins serviced by brass tapware.

The Evermore includes a range of amenities for residents, including courtyard gardens, heated swimming pool, gym, private dining room, communal lounge and cinema rooms.

The Evermore brings Southbank to a whole new level of chic and amenity.

[smartcode_project_cta: project_id=2087]

Inside each residence, the Evermore boasts flexible living spaces that generate a sense of calm

Latest Victoria Property News

ALTA Property to deliver $200 million Queens Road apartment tower

Editor's Picks

Developments

New apartments

New townhouses

News

Latest Victoria Property News

ALTA Property to deliver $200 million Queens Road apartment tower

Editor's Picks

Receive the latest news stories to your inbox

Developments

New apartments

New townhouses

News