<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?

After more than three decades delivering premium residential projects, Neometro has established a reputation as one of Melbourne&rsquo;s most design-focused and socially led development groups.

Neometro&rsquo;s meticulously crafted residences are the result of a unique, curated approach to uniting architecture, interior design, engineering and construction.&nbsp;

As a certified B Corporation dedicated to creating architectural buildings with a sense of place and belonging, Neometro delivers projects that are beautiful, functional and timeless.

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The Neometro team&nbsp;are set to bring to the market their final piece of Brunswick&#39;s Jewell Station Village, a multi-stage development that began back in 2016.

They&#39;re soon to launch Nine Wilson Ave, which will home the last 58 apartments in the development at the southern end of Brunswick near Royal Park.&nbsp;Nine Wilson Ave&nbsp;will be the fourth residential offering in Jewell Station Village, following Jewell Street, 17 Union St, and most recently, One Wilson Ave.&nbsp;

In conjunction with architecture firm MAA and the local landscape designers Mud Office, Nine Wilson Ave will comprise a range of one, two and three-bedroom apartments, as well as a handful of signature lofts.

Tucked away behind Sydney Road, the Jewell Station Village is a key part of the local council&rsquo;s plan to build on the area&rsquo;s unique character, revitalise the heritage precinct, and better integrate transportation and amenities.

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Upon completion Jewell Station Village will be a thriving part of Brunswick that connects to a range of amenities.

Neometro Director, James Tutton, says like all Neometro projects, the latest development promotes wellbeing, prioritises sustainability and is engineered to last.&nbsp;Bringing to mind buildings found in cities like Milan and Barcelona, he says there is a particularly strong connection to the street and neighbourhood.

&quot;The development of Nine Wilson Avenue will mark the completion of the Jewell Station Village and will be a thriving part of Brunswick that connects to a range of amenities. With an emphasis on access to retailers, trams, trains, bike paths and parklands, we&rsquo;ve ensured this build helps promote better health and community connection,&rdquo; Tutton says.

Defined by the use of a singular colour, blush red, the design uses repetition, texture, depth and shadow to create a facade with a distinct identity.

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MAA Principle, Karen Alcock, says it was important the design in part acknowledged Jewell Station&rsquo;s longevity and its significance and contribution to Brunswick.

&ldquo;We wanted to reference Jewell&rsquo;s robust and timeless brickwork, and then amplify it beyond the realm of familiarity,&rdquo; Alcock says.

&ldquo;For example, the predominant exterior material is cast concrete with red oxide pigment&mdash;a signature of Neometro&rsquo;s commitment to making buildings that will last lifetimes. Integrating the pigment into the materiality ensures the facade will respond well to change and even improve with age.&quot;

Neometro are always sustainably-conscious when creating their apartment.

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&quot;We want to broaden and strengthen what sustainability means for property development,&quot; Neometro Director Lochlan Sinclair says.

&quot;From design through to construction and maintenance, we believe that sustainability should be a key consideration at every stage of a project&rsquo;s lifecycle.&quot;

Each of the Nine Wilson Ave apartments will have an average 7.5 star NatHERS energy rating, achieved by&nbsp;a recycled water system for landscape irrigation and&nbsp;energy saving LED lighting within the apartments.

The gas-free building, fitted with solar panels, will be electric vehicle ready, and will have a communal rooftop with a productive garden and shared clotheslines to reduce the need for a dryer.

The interiors are designed to function well and provide comfort over many years, with emphasis on natural light, thermal efficiency and spatial flexibility. Both the design and material palette are guided by more than 30 years of testing and refinement.

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Nine Wilson Ave will also feature a limited number of lofts. Neometro&#39;s unique concept of signature lofts goes back to 1998 when they created Luxe on St Kilda&#39;s Inkerman Street.

The lofts, which are designed for flexibility - are suitable as either residential or commercial spaces. They&nbsp;will feature nearly four metre-high ceilings, flexible floor plans,&nbsp;and full height windows, which allow maximum natural light in.

&quot;When designing lofts, we find opportunities to provide high ceilings and dual aspects,&quot; Sinclair says.

&quot;Rather than follow trends, we focus on functionality, so that occupants can swiftly adapt the space to suit their varying needs. This flexible design approach means purchasers can buy once, buy well.&quot;

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Tucked away behind Sydney Road, the Jewell Station Village is a multistage development and a key part of the local council’s plan to build on the area’s unique character

Neometro to launch Nine Wilson Ave, the final stage in the Brunswick Jewell Station Village development

Satterley has added to its Melbourne house and land development pipeline with a permit-ready Tarneit site with sales underway.

The 45.9 hectare new masterplanned community was bought from New Sky Group in March.

Stage one has already been sold when marketed as Bluestone with stage two lots currently being offered ranging from 212sqm to 512sqm.

Stage four pricing has been advised such as lot 418 Equestrian Street, a 448sqm holding with 14m frontage and 32m depth price at $407,000.

The 800 Derrimut Road holding cost $54,688,888.

&nbsp;With more than 40 years of experience, Satterley is Australia&rsquo;s largest private residential developer.

New Sky had paid $33m in 2016 before obtaining a permit for a 417-lot subdivision.

New Sky sold another 38 hectare Tarneit holding for $50 million to Stockland.

New Sky Group sold the 45.9 hectare holding 24kms from the Melbourne CBD

jchancellor-FAypfDUnLy

Satterley buys permit-ready Tarneit house and land estate site

That feeling of walking through the front door and into a beautiful lobby is an exciting prospect for many homebuyers who understand the importance of first impressions.

Not only must residents be welcomed by the space, but an apartment entrance is effectively the first impression family and friends will make of your home.

&ldquo;Today&rsquo;s lobbies are true &lsquo;great-room&rsquo; environments&rdquo;, Barbara Best-Santos,&nbsp;the associate principal of the multi-residential design firm, ForrestPerkins, said.

For this reason, many homebuyers and investors are starting to consider luxe lobbies before committing to purchasing their new apartment.

Urban takes a look at six Melbourne apartments that boast lobbies sure to leave a great impression.

1. Seafarers, Docklands 
Developer: Riverlee

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Delivered by Riverlee, Seafarers will transform the city&rsquo;s last remaining Yarra River frontage into a new visionary waterfront precinct.

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.

This means residents will enjoy a 24-hour concierge, valet parking and a grand entrance lobby that assures guests are wowed upon entry.

[smartcode_project:default project_id=27728 project_image_fid=173924]

2. Melbourne Square, Southbank 
Developer: OSK Property

[smartcode_project:default project_id=2929 project_image_fid=96195]

Melbourne Square is the latest development from OSK Property, boasting 1,054 apartments in a range of configurations.

The Southbank development boasts both public and private amenities, thoughtfully considered to give residents a multitude of relaxation, work and entertainment zones.

Among these facilities includes a sumptuous lobby with concierge services, designed by Cox Architecture, in addition to a sun terrace, yoga studio, gym, theatre and dining rooms.

[smartcode_project:default project_id=2929 project_image_fid=139903]

3. Spring Street, Box Hill 
Developer: Orion International Group

[smartcode_project:default project_id=100675 project_image_fid=167529]

Set over 29 levels, Spring Street is a new Melbourne development situated in the heart of Box Hill.

Delivered by Orion&nbsp;International Group, the tower is set to include 312 one, two and three-bedroom apartments, a communal terrace, rooftop garden, private dining zone, outdoor kitchen and entertaining zone.

Discerning buyers will be impressed by the property&rsquo;s expansive lobby area, with function rooms and concierge, designed by Elenberg Fraser.

[smartcode_project:default project_id=100675 project_image_fid=170523]

4. FOCUS Melbourne, Southbank 
Developer: Central Equity

[smartcode_project:default project_id=3260 project_image_fid=62351]

Comprising 592 one, two and three-bedroom apartments spread across 50 levels, FOCUS Melbourne is a brand-new development by Central Equity.

Designed by Doig Architecture, FOCUS features retail tenancies at the ground level, commercial offices with their own lobby and a resident&rsquo;s lobby with a 24/7 concierge and stylish lounge.

The glazed high-rise features a contemporary facade of strong rectilinear geometry, clear and bronze glass, and the retention of a heritage fa&ccedil;ade along the streetscape.

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5. St Boulevard, Melbourne 
Developer: The Shakespeare Group

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Designed by&nbsp;Elenberg Fraser, St Boulevard will include three 20 and nine-floor towers&nbsp;comprising 435 one, two and three-bedroom apartments.

Each Melbourne residence, developed by the Shakespeare Group, feature long wrap-around balconies and communal amenities designed to bring neighbours together.

These features such as a private cinema, a games lounge and children&rsquo;s play area, modern living, and luxe lobby.

[smartcode_project:default project_id=1260 project_image_fid=177638]

6. Prospect Apartments, Box Hill 
Developer: R&amp;F Property

[smartcode_project:default project_id=3516 project_image_fid=153761]

Prospect presents a new residential landmark that delivers absolute convenience in all forms, including the communal facilities integrated into the project.

The Hayball Architects-designed development features an inviting, hotel-style porte-coch&egrave;re on entry, giving way to the tower&rsquo;s apartments and amenities.

R&amp;F Property has paired these convenient amenities with a building concierge that provides a scope of services, from house cleaning and couriering to transportation arrangements and the coordination of events.

[smartcode_project:default project_id=3516 project_image_fid=153760]

That feeling of walking through the front door and into a beautiful lobby is an exciting prospect for many homebuyers who understand the importance of first impressions. 

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Got visitors? Six Melbourne apartments featuring luxury lobbies ready to impress

The Melbourne developer Hexa Group is developing a brand-new collection of three and four-bedroom townhomes in the multicultural community of Doveton.

Competitively priced just 30 kilometres south-east of Melbourne, Hexa Group&#39;s latest development, Kinsfolk, has been designed by Rothelowman to take in its surrounding pristine bushlands.

There are just 66 townhomes on offer at Kinsfolk, with construction well underway.

Urban has taken a look at why first home buyers in particular are keen on Kinsfolk.

1. Great location

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At the gateway of Victoria&rsquo;s holiday territory, Doveton is within reach of the Dandenong Ranges, and the Mornington Peninsula.

&ldquo;It is a place where things start to feel a little more serene, thanks to an encompassment of pristine bushlands, reserves, and waterways&rdquo;, the project marketing reads.

Residents will find themselves joining an established community at the centre of modern conveniences and surrounded by reserves and parkland.&nbsp;

2. Designed by Rothelowman

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With a collection of three and four-bedroom townhouses available, Kinsfolk presents future homeowners with the opportunity to establish a new life in modern comfort.

&ldquo;Deliberately designed to foster a sense of community, Kinsfolk is focused on providing residents with an enhanced quality of life. The confident architecture provides an elegant and timeless backdrop to the lives of future residents&rdquo;, said Rothelowman principal architect, Chris Hayton.

Rothelowman is an Australian-based firm with a reputation for quality residential designs, introducing a new calibre of living to Doveton.

3. Affordability

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Even though Doveton is not far from the lush Dandenong Ranges, the suburb is a thriving urban enclave with affordable housing.

The multicultural suburb delivers a cultural richness that has undergone significant transformations in recent years thanks to new developments.

Its close proximity to Dandenong provides numerous amenities, including the Dandenong Hospital, Dandenong Plaza and Dandenong Golf Course.

Brand-new townhouses at Kinsfolk a priced from an affordable $579,000.

4. Natural surrounds perfect for community

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Kinsfolk&nbsp;townhouses are complimented with considered landscaping that features an assortment of native trees and plants.

&ldquo;Each corner of Kinsfolk&nbsp;occupancy, from the reserve areas to each townhouse&#39;s&nbsp;parking landscape, has been treated with care and in pursuit of creating harmonious surroundings&rdquo;, the project marketing reads.

Kinsfolk streetscapes boast small-medium canopy trees, indigenous plants, gums and ironbarks, while oaks and bottlebrushes are found inside the perimeter of the development.

Spacious grass areas make for top spots for children and families to play and relax, as well as pedestrian paths to encourage outdoor living.

5. Distinctive interiors

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Rothelowman has designed this collection of&nbsp;townhouses with an impressive level of detail, evident in the lavish finishes and fixtures.

Contemporary in its aesthetic, Kinsfolk paves the way for a new style of suburban living, while celebrating its naturally opulent surroundings.

The home&rsquo;s open-plan scheme allows for a seamless flow, while grand windows open up to the garden and terrace areas.

A natural palette makes up the bathrooms and bedrooms, creating welcoming and hospitable sanctuaries to unwind in, and provide future residents with a blank canvas to make their own.

[smartcode_project_cta: project_id=8395]

There are just 66 townhomes on offer at Kinsfolk, with construction well underway

Gateway to Victoria’s holiday hotspots: Five reasons first homebuyers love Kinsfolk townhouses at Doveton, near Dandenong

Demand for building block land in all Melbourne's catchment areas remains strong, according to Red23's managing director, Terry Portelli,

Land availability is anticipated to slow with limited land releases expected for the remainder of 2021, the Red23 report noted.

The median land price increased by 1% in August to $332,400 and by 4% on 12 months ago, according to the residential project sales and marketing company's monthly update. 

The big price movements came in with Whittlesea and Melton while Casey’s median land price has fluctuated up and down over the last 3 months due to stock availability.

"As prices continue to increase in the established and new homes market, affordability has again become an issue. 

"Presently, we are experiencing an increase in investors as they are encouraged by rising prices and the prospect of capital gains, while owner occupiers are responding to deteriorating affordability. 

"Deteriorating affordability in the middle ring areas will see many families move further out to greenfield and regional areas or accept living in a smaller townhouse or apartment. 

"For the moment, detached houses are preferred over medium density living due to the pandemic, however, this trend may soon come to an end."

The reported noted land sizes have decreased by 3% in Metropolitan Melbourne and 17% in Greater Geelong in the last 24 months as prices increase. 

The Metropolitan Melbourne median land size is currently 388sqm and 400sqm in Greater Geelong. 

"A traditional 400sqm land size has been superseded by a 350sqm lot," the October market report by the greenfield land sales specialist noted.

Blocks which are 350sqm are most affordable in Mitchell Shire with an entry price of $245,000 followed by Melton South at $272,000. 

Wyndham offers this block size at Mambourin for an affordable price of $283,000. 

In established areas such as Point Cook, this size block is $469,000 and in Cranbourne, it is $366,000. 

Comparing these lot prices to the same time in 2019, it was $390,000 in Point Cook and $330,000 in Cranbourne. In 2019, it was the most affordable in Strathulloh at $190,000.

Land sizes have decreased by 3% in the metropolitan Melbourne catchment

Investors seeking out land for home building in Melbourne catchment: Red23

Clyde's future 26-hectare town centre site is tipped to fetch more than $60 million, after being listed by National Pacific Properties, the development arm of home builder Burbank Group.

The site at 1625 Ballast Road, next to the future Clyde train station, has been listed through Peter Sagar of LAWD and Justin Dowers of Stonebridge.

It adjoins NPP’s Eliston housing estate, an 97ha masterplanned community which will be home to about 2730 residents when completed in about 2023.

The town centre has development approval for 40,000 to 50,000 square metres of retail space and 40,000 to 50,000 square metres of commercial office space.

Set within one of the largest in Melbourne’s growth corridors, NPP general manager Tom Trevaskis the site had been identified as a “major activity centre” by the Victorian government.

The south-east growth corridor, set about 50 kilometres from the Melbourne CBD, saw around 850 lot sales across some 24 housing estates in July and August, according to land sales specialist Core Projects, on the back of strong demand for detached housing and a relatively constrained future land supply.

Trevaskis said accelerated development of adjoining land provided a ready-made retail catchment for the future town centre.

The Clyde town centre was being taken to market as NPP intend to focus on "ramping up" its real estate development business, and not have a strategy to develop and hold retail centres.

Burbank Group was founded as a Melbourne home builder in 1983 by stepbrothers Eddie Sanfilippo and Eddie Puhar.

Led by Jarrod Sanfilippo, the late Mr Sanfilippo’s son, the company has since expanded into Queensland, NSW, ACT and South Australia.

NPP was formed in 2005 as a land developer.


It has been listed by National Pacific Properties, the development arm of home builder Burbank Group

Clyde's future town centre development site listed at Eliston estate

The high-end Melbourne developer, PB &amp; Co., has secured approval from the City of Melbourne Council to convert the historic East Melbourne home Eblana in to a $35 million luxury residential apartment development.

Eblana, the former home of the Young &amp; Jackson publican, Thomas Jackson, will become three full floor apartments and a double-storey penthouse designed by Inhaus Design, who will be retaining and restoring its original built form.

[smartcode_project:default project_id=108801]

The Italianate-style terrace at&nbsp;140-142 Jolimont Road was built in the 1800s and was used as the head office for the postmaster general, after the Commonwealth bought it in 1925.

PB &amp; Co., headed by developer Michael Pesochinsky and Edward Bun, has been working with&nbsp;the Melbourne City Council and local objectors to put together an appropriate development.

"The core origins and fabric of Eblana speak to Melbourne's grand era in the late 1800s, which is complemented by rich history and exquisite colonial architecture of James Gall," Bragilevsky&nbsp;said.

"We have consulted closely with the East Melbourne Group, Melbourne City Council and key objector groups to reach a commercial outcome, and appreciate the constructive&nbsp;nature of these discussions.

"Being able to restore this spectacular building to its former glory, and then to delivery a world class 'ultra-luxe' development to the Melbourne elite is gratifying and in line with PB &amp; Co.'s vision.

<img alt="" data-entity-type="" data-entity-uuid="" height="675" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/pb_co_east_melbourne_elevated.jpg" width="1200" />

"We have worked tirelessly with architects Bayley Ward to delivery five spectacular full floor residences which will enjoy remarkable views of Melbourne's CBD precinct.

"Being able to restore this spectacular building to its former glory, and then to delivery a world class 'ultra-luxe' development to the Melbourne elite is gratifying and in line with PB &amp; Co.'s vision."

The ground floor apartment&nbsp;will be housed within the existing structure, with historic elements such as the grand double-height ceilings and the original tiling brought back to life.

Four new apartments, in keeping with the original design, will be built above.

Each apartment will have three bedrooms, multiple living zones, winter gardens and study retreats, as well as a fully automated car parking system likened to a James Bond-style of parking.

The 315 sqm penthouse, expected to sell for over $10 million,&nbsp;will have views over Fitzroy Gardens and Melbourne's skyline. It will feature a private rooftop terrace and infinity pool.

"We are very much looking forward to continuing the trend of our signature branded residences and unveilings the next global collaboration in the coming months,"&nbsp;Bragilevsky added.

The development is set to launch early next year, with construction commencement expected shortly after.

PB &amp; Co. now have over&nbsp;$350 million across Melbourne and Sydney’s prestigious wealth belts, having recently spent $60 million on a site in Sydney's Kurraba Point. That could see between eight and 12 luxury residences built on the 4,200 sqm block.

One of their latest Melbourne projects, Fifty Two Black, in Brighton, is kitted out in Restoration Hardware.

[smartcode_project:default project_id=106713 project_image_fid=171917]

The development is set to launch early next year, with construction commencement expected shortly after

PB & Co. to convert historic East Melbourne terrace, Eblana, in to five luxury apartments

First home buyers are continuing their property search as we head in to the summer selling season.

While ABS data showed first home buyer&nbsp;loan commitments have tapered off for the seventh month in a row, Urban are still seeing a significant uptake from first home buyers, as much as there was during the HomeBuilder boom earlier this year.

First home buyers are still making up&nbsp;more than a quarter of new owner occupier loans, as developers and agents cite continued strong interest from the segment.

ABS data shows new first home buyer commitments remain more than 50 per cent higher compared to this time last year.

With first home buyer loan commitments still holding strong, Urban has highlighted the developments in the suburbs most popular amongst first home buyers for the month of September.

<h2>Brunswick</h2>

Brunswick has always been a popular spot for the younger, first home buyer demographi.

When COVID lockdowns lift, the eclectic suburb in Melbourne's north&nbsp;will again be home to live music, upbeat pubs and beer gardens.

At the area's heart, Sydney Road has Middle Eastern and Mediterranean eateries, offbeat shops, shisha lounges and cafes along its considerable length. Neighbouring East Brunswick is more upscale, home to upwardly mobile professionals and craft-beer bars.

One of the most in demand projects on Urban for first home buyers has been&nbsp;4 Ballarat Street, namely down to its location and&nbsp;affordability. Prices&nbsp;start&nbsp;as low as&nbsp;$467,500 for a one-bedroom apartment.

Located in the heart of Brunswick, the development team at Assemble&nbsp;Futures operate on a&nbsp;rent-with-the-option-to-buy model, which has made this development particularly popular amongst first home buyers.

[smartcode_project:default project_id=94542 project_image_fid=160739]

The new rent-with-the-option-to-buy model offers a more accessible pathway to owning a home, that bridges the gap between renting and buying. Once the applicant signs the lease agreement and contract of sale, they secure five years agreed rent with the option to buy their home at the end of the lease period.

Designed by Fieldwork Architects and with landscaping by Rush Wright, 4 Ballarat places an emphasis on providing a seamless transition to the natural environment, with each apartment running on 100% renewable energy. This also appeals to the more&nbsp;environmentally conscious younger generations.

<h2>Melbourne</h2>

The stamp duty concessions in the CBD has increased its popularity with first home buyers, as those looking and getting on the ladder for the first time are eyeing somewhere near the central office hub of the city.

Home to some of Melbourne’s best cultural and entertainment venues, as well as an eclectic mix of boutiques, restaurants, cafe's and everything in between, residents love Degraves Street and the Bourke Street Mall in particular. Shoppers can get lost for hours, while diners can find an ideal meal at any price point.&nbsp;

It is also home to a&nbsp;bumping nightlife with clubs and bars renowned across Australia.

One of the latest popular developments on the Melbourne CBD fringe is&nbsp;St Boulevard, the three-tower project by The Shakespeare Group.&nbsp;

Recently completed, St Boulevard offers an unrepeatable location, located in a prime position on the corner of St Kilda Rd and High Street, and at the southern tip of Albert Park Lake,&nbsp;

[smartcode_project:default project_id=1260 project_image_fid=177638]

Apartments start from $410,000 in the Elenberg-Fraser designed development.

St Boulevard is&nbsp;made up of three towers Magnolia, Anaca and Ginko, and puts residents on the fringes of Albert and Fawkner Parks. It's&nbsp;a short stroll to the&nbsp;St Kilda and Prahran precincts.

&nbsp;

<h2>Keysborough</h2>

The family-friendly suburb of Keysborough,&nbsp;27 kilometres south-east of Melbourne, continues to be popular with first home buyers and young families, due to its larger, and more affordable, apartments and townhouses.

The hottest project is&nbsp;Haven Townhomes, the townhouse development created by Aultun Group and design by Cera Stribley Architects.

There are three-bedroom townhomes on offer, priced from $714,000.

[smartcode_project:default project_id=8082 project_image_fid=59639]

Situated surrounded by thriving wetlands and meandering walking trails, each of the 59 Haven Townhomes are in a prime position for sweeping views, access to nature and convenient amenities.

<h2>Hawthorn East</h2>

Hawthorn East is usually a feature on the most popular investor suburbs but it isn't the first-time it has shown up on the most popular first home buyer list, with Dahua Group's&nbsp;Hawthorn Park recently completion being a factor.&nbsp;

Located in one of Melbourne’s most blue chip suburbs, the Hawthorn East development is surrounded by heritage homes and buildings, cafes, boutiques and bars, in addition to&nbsp;a well connected public transport system.

Dahua Group&nbsp;had architecture firm&nbsp;Rothelowman, one of Australia’s leading architecture practices, collaborate with the landscape architect&nbsp;Jack Merlo&nbsp;on the Camberwell Road development of 330 residences.

[smartcode_project:default project_id=3730 project_image_fid=171605]

Residents enjoy the property’s landscaped green spaces and parks that feature fruit and vegetable gardens for dwellers to grow their own produce. The project also features a sky boardwalk, splash pool, sky lounge, massage suites and fully-equipped gym.

<h2>Wollert</h2>

Discerning first home buyers with an eye on future infrastructure growth have been looking at Wollert, the growing area 26 kilometres north of Melbourne.

The future 64-hectare master-planned community, Mason Quarter, has been the most sought-after project in Wollert.

Delivered by Cedar Woods, Mason Quarter&nbsp;incorporates over 800 dwellings, two schools, community facilities, a 7.9-hectare conservation reserve and over 30 distributed tree reserves with majestic river red gums.

[smartcode_project:default project_id=95340 project_image_fid=160803]

Mason Quarter offers buyers the choice of either land starting from as low as&nbsp;$275,500 for a 238 sqm package to build their dream home or a residence in one of their releases like Mason Quarter Townhomes.

The community is&nbsp;located within walking distance of the future&nbsp;Wollert&nbsp;town centre and there is a range of existing infrastructure and public amenity available nearby including the Hume Freeway, Metropolitan Ring Road, hospitals, shopping centres and public transport.

ABS data shows new first home buyer commitments remain more than 50 per cent higher compared to this time last year.



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Urban's most popular Melbourne suburbs for first home buyers in September

Apartment sales in the Melbourne CBD totalled $321 million with 485 sales in the three months to August 2021, according to Cityscope.

The sales activity dipped after two strong quarters, as sales pivoted towards established apartments.

The 485 sales was split between 370 established units and 115 off the plan sales.

The report noted continued off the plan acquisitions in Queens Place, the twin skyscrapers being built at 350 Queen Street, which on completion will be among the tallest buildings in Melbourne.

[smartcode_project:default project_id=2806 project_image_fid=175417]

The $1 billion project from developer 3L Alliance is situated at the fringe of Flagstaff Hill, collaboratively designed by architects Fender Katsalidis Architects and Cox Architecture, with interiors by Hecker Guthrie.

The recently completed sellout Tower 1 comprises 819 apartments across 80 levels, with nomination sales being offered for sale.

[smartcode_project:default project_id=2806 project_image_fid=175419]

The established sales during the quarter included some early resales after completion of St. Boulevard, designed by Elenberg Fraser on St. Kilda Road.

It reflected a decrease on the $500 million from 751 sales recorded in three months to May 2021, when the split was 262 established apartments and 489 off the plan sales.

[smartcode_project:default project_id=1260 project_image_fid=177638]

There were 718 sales totalling $517 million in the quarter to February 2021, when the split was 171 established apartments and 542 off the plan sales.

The latest data brings the twelve-month sales total to $1.835 billion, an increase from the previous twelve months, which recorded sales of $1.093 billion.

The latest data took the twelve-month sales total to $1.835 billion

Melbourne CBD apartment sales activity pivots to established unit sales

Michael Renzella&rsquo;s long held 1880s boom time Hotel Claremont building in South Yarra has been sold for around $22m to Andy Zhang&#39;s V-Leader group.

It comes with a permit for a $50 million, 12-level, luxury mixed use project.

Emmett's marketed the 189 Toorak Road Hotel Claremont property with $20m plus price expectations. The sale comes soon after the next corner closer to South Yarra station, a row of four Tudor style shops, has been sold with development potential for $13.15 million.

Covering 613 sqm, the 169-175 Toorak Rd property was marketed for its potential for a 10-plus level tower.

The neighbourhood has attracted attention from property developer Oreana, which has reportedly spent $48 million buying the neighbours for a hotel and wellness centre.

The three-storey brick Italianate 81-room Hotel Claremont building with two shops was built in 1886 as the South Yarra Coffee Palace, one of several temperance alcohol-free destinations.

Selling agents Michael Ludski and Luke Bisset took more than 200 enquiries including six formal expressions of interest.

They advised the buyer was likely to undergo a redevelopment along the lines of the approved project.

The permit for the 906 square metre site allows for 57 apartment development of a mixed use building comprising four shops totalling 712 square metres, 1195 square metres of office space, and 30 car parking spaces.&nbsp;

Located on the corner of Claremont Street, the property has an approved DA for construction of a mixed use building with 54 units, 4 retail shops and 5 offices plus basement car parking for 22 vehicles, 53 bicycle parks and 54 storage units.

The hotel last traded at $2,250,000 at auction in 1994.

There are two retail tenancies, Chemist Warehouse and Sirocco.

The tenants are returning a combined annual income of $181,500, with leases having termination clauses.

V-Leader has undertaken more than $440 million of property development including 6 Sydney St, Prahran, 16 apartments in a six-storey building designed by Wood Marsh Architecture.

Construction is due for completion in late 2021 by VCON Construction.

There is a $3.62 million price on the last ground floor, three bedroom, three bathroom apartment with a 187 square metre terrace/courtyard, through V-Leader agent Sam Fisher.

Michael Renzella’s Hotel Claremont building in South Yarra has sold to a local developer

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