A general rule of thumb in new apartment developments is that the penthouses get the rooftop.

It's a formula that's become commonplace across Australia's apartment market. Residents might have access to a pool, gym or barbecue facilities on a dedicated lower level, but the most desirable outdoor spaces are typically reserved for the highest-priced homes at the top of the building.

Sherpa Group has taken the opposite approach.

Rather than dedicating the rooftop to a handful of buyers, the Gold Coast developer has made it the centrepiece of its Flourish collection, creating expansive shared spaces from the best vantage point in the building.

The philosophy has reached its most ambitious expression at Flourish Soleira in Palm Beach, where two rooftop precincts connected by a skybridge will deliver one of the most extensive lifestyle offerings seen in a residential apartment project on the Gold Coast.

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"We're seeing a clear move toward developments that offer more than just an apartment," Sherpa Group founder Christie Leet said.

"People want spaces that support how they actually live, whether that's working from home, staying active, or spending time with family and friends.

"That's where amenity becomes critical. It's not just about what's included, but how those spaces are designed to be used every day."

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The breadth of amenity has already attracted buyers across multiple demographics. Younger first home buyers have been drawn to Soleira's one-bedroom apartments, a product rarely delivered in Palm Beach, while families have responded to practical inclusions such as the shallow children's pool adjoining the main lap pool and the extensive communal recreation areas.

Instead of a single rooftop, Soleira delivers two distinct lifestyle zones.

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The southern rooftop has been dedicated to wellness, featuring a gym, yoga and Pilates studio, work-from-home facilities, a wellness centre, spa, and hot and cold plunge pools.

The northern rooftop focuses on recreation and entertaining, incorporating a heated resort-style pool, private dining rooms, pizza ovens, barbecues, a golf simulator, children's recreation areas, and what is expected to be the Gold Coast's first rooftop basketball court, which will also double as a squash court.

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Beyond the rooftops, Soleira will introduce 1,500 sqm of curated retail beneath the towers, creating one of Palm Beach's first genuinely mixed-use lifestyle precincts where cafés, restaurants and convenience retail become part of residents' everyday lives.

Sherpa has also retained management rights across the development, allowing it to oversee the long-term operation of the building through a 24-hour concierge model. The developer is also exploring additional revenue streams within the precinct aimed at helping offset ongoing body corporate costs for residents.

[smartcode_project:default project_id=150017 project_image_fid=370962]

While Soleira is the largest project Sherpa has delivered, the rooftop-first philosophy has been evolving for several years.

It began with Flourish Amargo, the first project released under the Flourish brand. Rather than competing at the ultra-luxury end of the market with oversized half-floor and full-floor residences, Sherpa focused on creating lifestyle-driven apartments supported by resort-style shared spaces.

Amargo introduced more than 800 sqm of rooftop amenity, combining wellness facilities, heated pools, entertaining areas, cabanas, pizza ovens and private dining spaces into what was designed as an extension of residents' homes rather than a facility used only occasionally.

[smartcode_project:default project_id=146527 project_image_fid=366550]

That approach continued with Flourish Oasis, where the same amenity-led philosophy was refined into a more boutique development. Strong demand from Sherpa's growing VIP database saw much of the project sold before it reached the broader market, reinforcing buyer appetite for apartment communities centred around shared lifestyle experiences.

Flourish Amargo is slated for completion mid-way-through next year, with Oasis to be delivered by late 2027. Flourish Soleira is expected to complete in 2030.

[smartcode_project_cta:default project_id=150017]

Joel Robinson

Sherpa takes amenity to the sky as Flourish Soleira captures booming Palm Beach demand

As apartment living continues to evolve across Sydney's growth corridors, the quality and distribution of shared spaces is increasingly shaping how residents experience home. Rather than functioning as add-ons, amenities are being embedded into the daily rhythm of a building, supporting everything from quiet retreat to social interaction, often within a single vertical community.

At <a href="https://www.apartments.com.au/new-apartments/aeris-melrose-park-nursery-street-melrose-park-nsw-2114">Aeris</a> in Melrose Park, this approach is resolved through a layered amenity offering that unfolds from ground level through to its upper podium. Developed by <a href="https://www.apartments.com.au/developers/sekisui-house-australia">Sekisui House Australia</a> in partnership with Hankyu Hanshin Properties, the project introduces 468 apartments across two towers and a mid-rise building, positioned at the highest point of the broader masterplan.

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The amenity experience begins at street level, where two courtyards sit within a landscaped setting that connects residents to the wider network of parks and green spaces. These green spaces are not isolated pockets but part of a wider pedestrian network that links Aeris to the surrounding <a href="https://www.apartments.com.au/developments/melrose-park-nsw-2114">Melrose Park</a> precinct, including Central Park, future schools, and the Town Centre opening in July 2026. The result is a transition that moves from public to private without abrupt boundaries, allowing residents to pass through shaded, tree-lined environments before reaching the building itself.

Moving upward, the focus shifts to the level five podium, where the primary communal facilities are concentrated. This space brings together a 16-metre swimming pool, outdoor seating areas, and a communal BBQ zone arranged to take advantage of elevated outlooks. Seating is positioned beneath pergolas, creating pockets of shade that extend the usability of the space throughout the day. The pool edge aligns with views toward the wider district, reinforcing the sense of elevation that defines the project’s positioning.

In the adjacent building, this is complemented by quieter, more contemplative spaces, including an outdoor cinema set within the same level. Positioned to operate primarily in the evening, it introduces a different tempo to the shared environment, shifting from daytime activity to after-hours use without requiring separate zones.

[smartcode_project:default project_id=426 project_image_fid=360299]

The podium also accommodates an intimate private resident gym. Located on the lower levels, it gives residents convenient access to fitness facilities without leaving the building.

Above, the elevated podium sky deck extends the amenity offering, providing additional open-air spaces with elevated outlooks across the surrounding landscape. While more restrained in program, this upper level reinforces the project’s vertical progression, from ground-level greenery to elevated outlook, allowing residents to move between distinct spatial conditions within a single address.

This distribution of amenities reflects a deliberate response to how residents use space across the day. Sekisui House Australia Sales and Marketing Director Peter Kalaf points to the role these shared areas play in shaping buyer demand. Aeris has been conceived as more than a collection of apartments, with the podium pool, gym and outdoor cinema forming part of a broader lifestyle offering that extends the home beyond each individual residence.

[smartcode_project:default project_id=426 project_image_fid=360300]

What distinguishes Aeris is not the inclusion of these elements individually, but how they are arranged in relation to one another. Active, social, and passive spaces are layered vertically rather than separated, allowing residents to choose between them without leaving the building or moving far from their apartment. This proximity supports both routine use, such as a morning swim or evening workout, and more occasional gatherings, whether around the BBQ area or within the cinema setting.

The amenity design also sits within a broader framework of connectivity across Melrose Park. The Melrose Park Town Centre, anchored by Coles and Dan Murphys, features a mix of retail, dining, health and lifestyle offerings, bringing everyday convenience closer to residents. By the end of the year, more than five hectares of parks and open space, equivalent to around seven football fields of green space on residents' doorstep, will further enhance the precinct, allowing the internal facilities at Aeris to operate as an extension of the wider neighbourhood rather than a substitute for it.

Construction at Aeris continues to gather momentum, with ground floor slabs expected to be completed in late 2026 before the first sections of the buildings begin to rise above ground.

[smartcode_project_cta:default project_id=426]

Elevated amenity anchors daily life at Aeris, Melrose Park

Repeat buyers are one of the strongest measures of confidence in any apartment development.

At <a href="https://www.apartments.com.au/new-apartments/era-newcastle-west-124-126-bull-street-newcastle-west-nsw-2302">ERA</a> in Newcastle West, some purchasers are returning to <a href="https://www.apartments.com.au/developers/gwh">GWH</a> after living at the developer's One Apartments. Their decision to purchase again was driven by the quality of life they found after moving into their first GWH home.

Keith Wilton had spent years living in a house in East Maitland before deciding it was time for a change. Apartment living had always been on his radar, but he was selective about what he wanted.

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"I had some boxes I wanted to tick," he says.

Keith points to the open-plan design, generous outdoor areas and considered inclusions as key reasons One Apartments worked for him.

“One of those things was a nice indoor open plan area, but also I wanted a nice outdoor open area that I could entertain on in summer or Christmases or birthdays,” he says.

He also found value in the smaller details, from integrated appliances to shared resident spaces including the pool, cinema and rooftop areas.

[smartcode_project:default project_id=135096 project_image_fid=356818]

After comparing several developments, he chose One Apartments because of GWH's longstanding local reputation and his own experience working with the developer on a commercial project more than a decade earlier.

"I knew that they were local, that the quality of the build was going to be up there. I'd looked at other apartment complexes around and close by, and I just knew that here was a better decision location wise."

Today, Keith says the move has completely changed how he experiences Newcastle.

"I enjoy living in this location because it's more of a lifestyle change. That Newcastle city living where you can walk to restaurants and bars and even beaches and parks and even shopping across the road."

[smartcode_project:default project_id=135096 project_image_fid=356828]

Beyond the location, he says it's the sense of community that has surprised him most.

"Everyone loves living here because they chose to live here, but everyone looks out for each other. It's a real great community feel here."

For Aimee and Lyle Goodman, the journey started almost by chance.

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The couple happened to be having coffee in Newcastle when they noticed the site where One Apartments was about to begin construction.

"We were aware GWH was planning a development," Aimee says. "We made one phone call and things moved pretty quickly after that."

As busy business owners, they initially thought apartment living would simply reduce the maintenance that came with larger homes. Instead, it fundamentally changed how they spent time together.

"We actually catch up more as a family now," Aimee says.

"We've had homes with big yards and lots of space, but everyone ended up in different rooms. Here we'll have dinner together, the kids can play, and we spend far more quality time together."

[smartcode_project:default project_id=135096 project_image_fid=356829]

Lyle says their confidence came from GWH's reputation within Newcastle's building industry.

"I know people who've worked across different apartment projects, and whenever GWH came up the feedback was always the same. They're rock solid. They're quality."

That confidence only grew throughout the buying process.

"One of the things that really impressed us with GWH was the whole process, was the communication," Lyle says. "It was consistent, it was regular, there was no problem if we had some weird questions, there was no problems in getting answers."

[smartcode_project:default project_id=135096 project_image_fid=351104]

Aimee says one moment stood out.

"The project actually finished on time. We realised we needed to hurry up and sell our house because everything was happening exactly when they said it would."

The positive experience at One Apartments ultimately gave all three buyers the confidence to purchase again with GWH, this time at ERA.

Their confidence reflects what many buyers are seeking in today's apartment market. Location remains important, but so too does certainty around delivery, quality and long-term liveability.

[smartcode_project:default project_id=135096 project_image_fid=356822]

ERA builds on those foundations with 280 one, two and three-bedroom apartments across two landmark towers in <a href="https://www.apartments.com.au/developments/newcastle-west-nsw-2302">Newcastle West</a>.&nbsp;

Designed by <a href="https://www.apartments.com.au/architects/fk-australia">Fender Katsalidis</a>, the project will include more than 2,000 square metres of resident amenities, including a resort-style pool, gym, sauna, private cinema and rooftop entertaining spaces overlooking the harbour and coastline.&nbsp;

The development is also within walking distance of the Newcastle Interchange, Honeysuckle, Darby Street, the harbour foreshore, restaurants, retail and the city’s beaches, continuing the walkable lifestyle that existing GWH buyers say has transformed how they live.

[smartcode_project:default project_id=135096 project_image_fid=356826]

For Keith, the appeal remains straightforward.

"You feel at home even before you've moved into your home."

For Aimee, the change is measured in time.

“I just felt like I had more time,” she says.

[smartcode_project:default project_id=135096 project_image_fid=351102]

Construction at ERA is now underway, with more than half of the residences already sold and limited two and three-bedroom apartments remaining in the East Tower release. Priced from $980,000 for two-bedroom residences and $1.46 million for three-bedroom residences, buyers can secure an apartment with a 10 per cent deposit, with premium homes offering ocean views from Level 8 and harbour views from Level 10.

ERA is also backed by Resilience Insurance's 10-year Latent Defects Insurance policy, providing protection against structural or waterproofing defects for 10 years after completion. The project is anticipated to be completed in early 2028.

[smartcode_project_cta:default project_id=135096]

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

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

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

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

Kooyongkoot wins Gold and Silver at Better Future Melbourne Design Awards

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?

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

[smartcode_project:default project_id=108775 project_image_fid=179330]

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. 

max.kwok_55688

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

[smartcode_project:default project_id=582 project_image_fid=183086]

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.

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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

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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

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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

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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

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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.

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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

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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.

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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;

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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.

Melbourne apartment insights: What happened to Melbourne apartment values in November?

Cultivate, the newest apartment project by developer Kincaid, is set to change the face of the small suburb of&nbsp;Heidelberg West&nbsp;when it is completed in late 2023.

Ideally located between the adjoining&nbsp;suburbs of&nbsp;Ivanhoe, Heidelberg and Preston, Cultivate will be the first high-rise in Heidelberg West. It will activate the&nbsp;street-level of Bell Street,&nbsp;with retail space at the foot of the two&nbsp;buildings.

Over 50 per cent of the building has sold, to a good mix of first home buyers, investors, and owner-occupiers, Kincaid&#39;s development manager Joel Martin says.

Investor Patrick Hernandez was one of the latest buyers. He saw a number of benefits&nbsp;to Cultivate, his first investment in Melbourne&#39;s northern suburbs.

We recently sat down with Patrick to discuss why he opted for a Cultivate apartment.

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JR: How did you discover Cultivate?&nbsp;&nbsp;

PH: Via email and Urban&rsquo;s internet website.

JR: What makes Cultivate an attractive investment opportunity?&nbsp;&nbsp;

PH: Good value for money with strong capital growth and long term rental yield.

JR: How do the returns in Heidelberg West compare to investments you have in surrounding areas?&nbsp;

PH: This is my first time to invest in this part of Melbourne, i. e., in the northern suburbs.

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The investment however ranks comparatively though, with&nbsp;an attractive rental yield at 5.2% which is much better than most investment properties I have researched so far.&nbsp;

Capital growth is projected to be around the same level.

JR: Which apartment configuration did you opt for, and what led you to narrow down your decision to the apartment you purchased?&nbsp;

PH: I opted for a two-bedroom, two-bathroom, one-park&nbsp;unit as this unit type would give me a much better yield than a one-bedroom unit in the long run.

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JR: What made you decide to buy?&nbsp;&nbsp;

PH: The demographics and gentrification of the area has a lot of potential for further growth and development!!

JR: Are there features at Cultivate that surprised you?&nbsp;&nbsp;

PH: It has a WALK SCORE of 80, ergo, more room for future growth and development!

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JR: What do you love most about what Cultivate has to offer residents?&nbsp;&nbsp;

PH: It&rsquo;s gentrification from surrounding but more established suburbs of Ivanhoe, Preston, and Heidelberg will spill over to Heidelberg West to spur further development in the area.&nbsp;

On top of this, La Trobe University has plans to become a &ldquo;world-class University City of the Future with its 235 hectare Campus development.

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Ergo, this will create over 20,000+ jobs over ten years, additional housing for 12,000 students, and educational facilities for 40,000+ students.&nbsp; This will generate $3.5B in GRP over 10 years!

JR: Do you have any advice for budding investors?&nbsp;&nbsp;

PH: Do the maths as this rare property investment in Cultivate is a no brainer!&nbsp; If you are looking for strong capital growth and consistent rental yield, DON&rsquo;T GO PAST CULTIVATE @ HEIDELBERG WEST!&nbsp; It will surely pay you handsome dividends!

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Over 50 per cent of the building has sold, to a good mix of first home buyers, investors, and owner-occupiers, Kincaid's development manager Joel Martin says

Why investor Patrick Hernandez bought a Cultivate, Heidelberg West apartment: Urban buyer Q&A

Damon Krongold, the projects director at Kay & Burton has secured the sale of The Penthouse 3, 30 Anderson Street, South Yarra. 
 
The purchaser and price are confidential.

It was marketed with a $16.5 million to $17.5 million price guide.

Fadil “Butch” Sadikay, the surfwear chain retailer turned property developer, launched the South Yarra penthouse offering in his The Botanic Collection early last month.

Kay & Burton Project agents Damon Krongold and Peter Kudelka had the three-bedroom, three-bathroom listing in conjunction with Andrew Macmillan at Jellis Craig. 

The apartment overlooks the treetops of the Royal Botanic Gardens. 

It has 370 sqm internally space plus a rooftop garden and pool with some 400 sqm space.

Architect Rob Mills has designed the triplex which will set in gardens landscaped by Jack Merlo for the Sadikay Group.

The Domain precinct penthouse sits atop the 30 Anderson St portion of the 2655sq m estate bought in 2016 for $33 million from the executors of Marion Page, daughter of businessman Sir Clive McPherson.

The 3/30 Anderson Street expressions of interest campaign closed November 23.
 

The Penthouse 3, 30 Anderson Street, South Yarra overlooks the Royal Botanic Gardens.

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The Penthouse, 30 Anderson Street, South Yarra sold by Kay & Burton

The three penthouses crowning Sunkin&#39;s luxury apartment development, 448 Brighton, are set to hit the market.

The penthouse collection, dubbed&nbsp;Coleridge, Mitford and Wordsworth, will sit a top the boutique project of just 17 apartments on the corner of St Kilda Street and Head Street, set 448 metres from one of Melbourne&#39;s best beaches.

Wordsworth is the most luxurious of the three, with its own private infinity swimming pool and offering ocean, park and city views.

Spanning nearly&nbsp;700 sqm of indoor and outdoor living, the Wordsworth comprises four bedrooms, three bathrooms, and a wine room/ study. There are $7 million hopes.

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The Coleridge spans just over 500 sqm, and with four bedrooms plus wine room/study and two bathrooms, while the Mitford is the smallest of the trio at 470 sqm and three bedrooms.

SJB Architects designed 448 Brighton, with a focus on the three penthouse to make everything feel central. The biggest design innovation was in the kitchen, where they put the&nbsp;cooking process at the centre as opposed to up against the wall, in an effort to&nbsp;create&nbsp;a more open and social experience.

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The kitchens feature&nbsp;a horizontal layout with a long and sculptural natural stone bench and are fitted with&nbsp;Gaggenau appliances and&nbsp;Bora and Astra Walker tapware.

Sunkin Property Group Executive Director Jason Zhu said the design of 448 has been considered with the resident in mind.

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&ldquo;We have chosen kitchen appliances that will help to elevate the cooking environment as a collaborative and social place, where residents can still be present with guests as they&rsquo;re using the stove top as opposed to having their back turned.

&ldquo;While the interiors are very finely considered, they are also an extraordinary canvas, providing residents with the opportunity to make it their own,&rdquo; he said. SJB Architecture has drawn on a relaxed earthy palette, with an abundance of natural materials; the contemporary interiors bear the hallmarks of timeless grace.

Tristan Wong, Director of SJB Architecture said the desire was to create a strong connection with nature.

&ldquo;Large balconies and picture windows flood each residence with natural light, while the outside foliage creates dappled shadow, and the feeling of living in the treetops,&rdquo; he said.

Ground floor residents have access to a large 532sqm garden oasis by Jack Merlo, while penthouses enjoy their own private rooftop terrace, complete with bayside and city views.

With the project nearing completion, Sunkin has witnessed demand soar, recording close to $6 million in sales over a five-week period, with strong interest from local downsizers and regional purchasers seeking a city pad in Melbourne&rsquo;s bayside.

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Wordsworth is the most luxurious of the three, with its own private infinity swimming pool and offering ocean, park and city views

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