A long-stalled Campbelltown development site is back in play, with new plans for 139 apartments set to supersede a mixed-use scheme approved almost a decade ago but never built.

The new proposal for 28 Cordeaux Street would deliver 116 market and 23 affordable apartments in a part 14-storey building, bringing a substantial new project into a Campbelltown market where new apartment supply remains limited.

Plans have been filed over the 3,092 sqm corner site at Moore-Oxley Street, around 600 metres from Campbelltown Railway Station and the city-centre retail core.

The site already carries a mixed-use residential approval dating to 2016. Doroch Architects has now been engaged on a larger replacement scheme, which is progressing as a State Significant Development Application following a Housing Delivery Authority determination in August 2025.

The apartment mix comprises 39 one-bedroom, 72 two-bedroom and 28 three-bedroom residences. Two-bedroom apartments make up just over half of the project, while three-bedroom homes account for 20 per cent.

<img alt="First look: New 139-apartment plans revive long-stalled Campbelltown city centre site" data-entity-type="file" data-entity-uuid="136dd5b9-3791-4da6-9e31-76f533f5b4de" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Campbelltown%20da2.png?VersionId=LgOSy9nwf5u.MGswBBwaGGxuX8QpHSl_" />

Of the 139 apartments, 23 will be delivered as affordable housing under the in-fill affordable housing provisions of the Housing SEPP. The affordable component represents 15 per cent of the residential gross floor area and will be managed by a registered Community Housing Provider.

Doroch has sought to break the scale of the building into two distinct elements, with a masonry podium of around four storeys establishing the street edge before the residential tower steps back above.

The corner position has shaped that approach. Cordeaux Street faces toward the commercial and civic centre, while Moore-Oxley Street leads into the lower-scale residential neighbourhood to the south, and the design verification report describes the site as "bridging the commercial core to the north and established residential areas to the south."

The podium will be expressed predominantly in face brick, while the upper levels shift to brushed and grooved concrete cladding with darker metal detailing. Recessed sections, deep balcony edges and landscaping break down the upper form, with an approximately 11.8-metre setback to the northern boundary addressing the adjoining St Peters Anglican School.

<img alt="First look: New 139-apartment plans revive long-stalled Campbelltown city centre site" data-entity-type="file" data-entity-uuid="c8b3d2d3-c561-4bfc-a5d9-a68c0c10dac1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Campbelltown%20da1.png?VersionId=AeAEyJU02Gk2k5noUj2StziCvdQ7fW4B" />

Campbelltown has been starved of new residential developments in the last decade.

The only other notable development set to come to market this year is ALAND's Queen Square, a mixed-use precinct on over two hectares that will comprise apartments above a vibrant ground-level retail and hospitality dining precinct.

Joel Robinson

First look: New 139-apartment plans revive long-stalled Campbelltown city centre site

First Look: Sherlock Construction pitches apartments for low-rise Deception Bay

Queensland builder-developer MAYD has revealed the first look at its major North Kirra beachfront development, lodging amended plans that reduce the number of apartments and increase the proportion of larger residences.

The project is planned across a substantial 4,742 sqm amalgamated site spanning seven lots at <a href="https://www.apartments.com.au/new-apartments/2-6-pacific-parade-bilinga-qld-4225">2-6 Pacific Parade</a> and 27-33 Golden Four Drive in Bilin​ga, directly opposite Nor​th Kirra Beach.

<a href="https://www.apartments.com.au/developers/mayd-group">MAYD</a> secured the site for $32.5 million in 2025, in what was one of the Gold Coast's largest property transactions of the year.

The development will be delivered across two stages, with the first stage carrying an estimated gross realisation value of around $360 million.

The latest amendments seek to reduce the overall apartment count and shift the project further toward the owner-occupier market, with larger residences designed for buyers wanting considerably more space than traditionally offered in a beachfront apartment.

The residential mix will include townhomes, oversized two-bedroom apartments, substantial three-bedroom residences and four-bedroom homes.

MAYD has appointed Cera Stribley to lead the architecture and interiors, with the Melbourne-based design practice drawing on the beachfront setting through a series of ocean-facing terraces and heavily landscaped balconies.

Strong horizontal forms and curved balconies will define the exterior, with subtropical landscaping integrated throughout the building to soften the built form and increase the connection between the residences and the beachfront.

The project will also include an extensive collection of resident wellness and lifestyle facilities, continuing the broader shift across the Gold Coast's luxury apartment market toward larger homes supported by resort-style amenity.

<img alt="MAYD" data-entity-type="file" data-entity-uuid="d1bcbb05-e659-4b47-8bd4-1e595315e2ad" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-27%20at%202.05.03%E2%80%AFPM.png?VersionId=jj0XEud1X1DuLt7_KyElhjMdZGOXmLHP" />

MAYD Founder Todd Mould said North Kirra was increasingly appealing to buyers attracted to the more established, lower-density character of the southern Gold Coast.

"North Kirra presents one of the most compelling luxury residential opportunities currently emerging in Australia, combining absolute beachfront with the character and authenticity that buyers are increasingly seeking, and the same sense of tight-knit community that defined Burleigh and Currumbin perhaps 10 or 15 years ago," Mould said.

"With Gold Coast Airport on its doorstep, it also offers a level of accessibility that broadens its appeal across almost every market demographic."

The project comes as the southern Gold Coast continues to attract an increasing share of high-end apartment development and buyer activity.

Kirra in particular has emerged as one of the region's more tightly held beachfront markets, with its relatively low-density character, established surf and hospitality scene and proximity to Gold Coast Airport differentiating it from the higher-density markets further north.

Mould said those characteristics had informed the approach MAYD and Cera Stribley had taken to the project.

"We've worked closely with Cera Stribley to create a vision that is deeply connected to its surroundings," he said.

"Inspired by the coastline itself, the architecture has been shaped around space, privacy and resort-style living, creating a collection of homes that reflects the next generation of luxury on the southern Gold Coast."

MOTIV Managing Director Carly Cottam, who has been appointed to market the project, said buyer attention had continued to move south along the Gold Coast.

"Purchasers who may once have defaulted to Broadbeach, Main Beach or Surfers Paradise are increasingly recognising the value of a genuine beachfront location that offers lower density, strong amenity and a more established sense of community," Cottam said.

"Kirra has a powerful combination of growing demand and genuine scarcity. Beachfront supply is inherently constrained, the area remains relatively low density, and buyers are increasingly placing a premium on locations that feel established, uncrowded and authentic rather than heavily developed."

Cottam said the proximity to Gold Coast Airport was also proving increasingly important for interstate and second-home buyers.

"Being minutes from Gold Coast Airport makes it particularly compelling for interstate buyers, frequent travellers and second-home purchasers who can access an authentic coastal lifestyle almost immediately after stepping off a flight."

The acquisition takes MAYD's active development portfolio to more than $500 million, with the North Kirra project representing one of its largest undertakings to date.

MAYD is targeting an early 2027 launch.

First look at MAYD's North Kirra mixed-use precinct

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Castle Hill, the longtime hub of the Hills District, has been one of the major beneficiaries of Sydney's Metro expansion, with improved connectivity helping drive continued population growth, development and buyer demand across the Hills District.

But despite that growth, the suburb has seen relatively few major new apartment projects brought to market over the past 18 months.

Hills District developer Reve Group is looking to fill that gap with <a href="https://www.apartments.com.au/new-apartments/nova-r-ve-castle-hill-2-garthowen-crescent-castle-hill-nsw-2154">Nova Rêve</a>, a major new mixed-use precinct on the corner of Garthowen Crescent and Old Castle Hill Road, a short walk from Castle Hill Metro Station and Castle Towers.

[smartcode_project:default project_id=152737 project_image_fid=377679]

The project will comprise three residential towers alongside a hotel, restaurants, cafes and a skybar, more than 1,600 sqm of ground-floor retail and almost an acre of landscaped gardens.

It represents the largest project undertaken by Reve Group, the development arm of the Kassis family, which has been building across the Hills District for more than 30 years through Kassis Homes.

[smartcode_project:default project_id=152737 project_image_fid=377675]

Nova Rêve also represents a significant step up from the family's first apartment development, Grand Rêve, which was delivered nearby on Garthowen Crescent.

Grand Rêve introduced larger, house-like apartment layouts and premium inclusions including Wolf and Sub-Zero appliances to the Castle Hill market.

Nova Rêve takes that approach to a precinct scale, combining the residential component with hospitality, retail and substantial public and resident landscaping.

[smartcode_project:default project_id=152737 project_image_fid=377685]

Reve Group Managing Director Sam Kassis said the project reflected the family's three decades of building in the Hills, which has evolved from trophy homes on quarter-acre blocks to larger-scale apartment development.

"Grand Rêve was our first apartment project here and it showed us what this pocket of Castle Hill could be. Nova Rêve is the refinement of that idea: not just apartments, but a place the whole suburb can use," Kassis said.

A key part of that approach is the hotel, which has been designed to operate as an amenity for the wider Castle Hill community rather than solely hotel guests.

It will include restaurants, cafes, skybars and all-day dining, alongside conference and event facilities catering to business functions, community groups and private events.

At ground level, more than 1,600 sqm of shops and cafes will open onto the surrounding streets and landscaped areas.

Almost an acre of gardens designed by Land and Form Studios will run through the precinct, incorporating pathways, seating, barbecue areas and children's play spaces.

[smartcode_project:default project_id=152737 project_image_fid=377680]

Reve Group's Romio Georges said creating an active ground plane had been central to the planning of Nova Rêve.

"There are gardens with pathways, barbecues, seating and play areas, shops and cafes opening onto the street, and a hotel with restaurants and a skybar that anyone in Castle Hill can walk into," Georges said.

The project's elevated position on one of Sydney's highest ridgelines will also provide apartments with outlooks toward the Sydney skyline, surrounding parkland and the Blue Mountains.

More than 80 per cent of the apartments will occupy corner positions, with Turner responsible for both the architecture and interiors.

&nbsp;

[smartcode_project_cta:default project_id=152737]

<h3 data-end="3697" data-section-id="q3n5ak" data-start="3672">&nbsp;</h3>
</main>

Nova Rêve arrives as Reve Group bets on Castle Hill's next growth phase

A collection of just 25 large-format apartments and penthouses overlooking Goodwin Park is entering the Coolangatta market, with <a href="https://www.apartments.com.au/new-apartments/marea-residences-coolangatta-27-27a-dixon-street-coolangatta-qld-4225">Maréa Residences</a> combining a low-density, residential-only approach with uninterrupted park and Pacific Ocean outlooks.

Located at 27 Dixon Street, Maréa comprises three and four-bedroom residences alongside a limited number of dual-level penthouses, with the project positioned between Goodwin Park and <a href="https://www.apartments.com.au/developments/coolangatta-qld-4225">Coolangatta</a>’s coastal precinct.

Construction has commenced, with completion currently estimated for late 2027. Three-bedroom residences are priced from $1.8 million.

[smartcode_project:default project_id=150999 project_image_fid=374005]

The project has been designed around its northern outlook across the park, with the building’s architecture, landscaping and material palette intended to establish a connection with the neighbouring green space. The residences have been configured to maximise natural light and views across Goodwin Park towards the ocean.

Inside, the material palette incorporates timber, stone and brushed brass, complemented by curved detailing and ambient lighting. Kitchens and bathrooms carry the same natural material approach, while residences also include basement parking, storage and lift access.

Maréa’s penthouses are arranged over two levels and include private pools, adding another layer to the project’s focus on larger-format apartment living. Across the development, residences are configured with three or four bedrooms rather than the broader mix of smaller apartment types commonly found in larger projects.

[smartcode_project:default project_id=150999 project_image_fid=374010]

Resident amenity is concentrated at rooftop level, where landscaped entertaining terraces and pools take advantage of elevated views across Coolangatta and the Pacific Ocean.

The project has so far been particularly well received by local owner-occupiers and downsizers, according to Urban Activation Property Sales and Marketing Director Matt George, with the residential-only format, construction quality and northern park outlook among the features resonating with purchasers.

“The uninterrupted northern aspect overlooking Goodwin Park has been a key point of difference, with buyers attracted to the sense of serenity and open space the park provides, while still enjoying easy access to the ocean and being within walking distance of the lifestyle and amenities Coolangatta has to offer,” George said.

[smartcode_project:default project_id=150999 project_image_fid=374002]

“The combination of high-quality construction, a residential-only building, park outlook and proximity to the beach has resonated strongly with the local downsizer market.”

The Dixon Street address is within walking distance of Coolangatta Beach and the broader southern Gold Coast coastline, including the surf breaks at Snapper Rocks and Kirra. Coolangatta’s cafés, restaurants and retail are nearby, while Gold Coast Airport is also within close proximity.

[smartcode_project_cta:default project_id=150999]

Maréa Residences brings parkside apartments to Coolangatta

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 href="https://www.apartments.com.au/developers/far-east-consortium">Far East Consortium</a> is preparing to commence construction on <a href="https://www.apartments.com.au/new-apartments/640-bourke-street-melbourne-640-bourke-street-melbourne-vic-3000">640 Bourke Street</a> this October, marking the next milestone for the Melbourne CBD development and its higher-end Eliza Collection.

Spanning levels 44 to 68 of the 68-storey <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a>-designed tower, the Eliza Collection has been conceived as a lower-density offering within the broader development, with only five apartments on each floor, dedicated lift access and a collection of resident spaces reserved exclusively for Eliza Collection residents.

The Eliza Collection forms part of Far East Consortium's broader move toward larger-format residences at 640 Bourke Street, where the number of apartments was reduced from earlier plans as apartment sizes increased.

[smartcode_project:default project_id=509 project_image_fid=365685]

"What it's meant for 640 Bourke is we've actually reduced the number of apartments. We've increased the overall size of the apartments. We don't have any studios in here, and what that does for a project is it elevates it," Far East Consortium Director of Sales and Marketing Lauren Sheldon said.

Rothelowman Associate Jun Chang said the design process provided an opportunity to create more generous floorplans.

"We were given the opportunity to be more generous. The apartments became bigger and squarer than any other apartments which had been designed in the CBD before that."

[smartcode_project:default project_id=509 project_image_fid=368869]

That thinking carries through to the Eliza Collection, where the residences have been designed around the space and functionality associated with a larger home, but positioned high above the centre of Melbourne.

Kitchens are equipped with Gaggenau appliances, a butler's pantry, temperature-controlled wine cabinet and sculptural pendant lighting, while engineered timber flooring, stone and porcelain finishes and custom cabinetry feature throughout the broader interiors.

Privacy and security are another point of distinction. Eliza Collection residents have dedicated lift access, while 640 Bourke Street will provide concierge services and secure resident parking. Short-stay accommodation, including Airbnb, will not be permitted within the development.

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Eliza Collection residents will also have exclusive access to selected amenity spaces across levels one and three of the restored Eliza Tinsley building. These include the Salon with grand piano, an art therapy room, private dining rooms and treatment rooms.

They sit within more than 3,000 sqm of amenity planned across 640 Bourke Street, alongside facilities including a pool, gym, whisky lounge and further social and wellness spaces.

The Eliza Tinsley building itself is central to the wider project's identity. Rather than treating the existing Eliza Tinsley façade as a separate element, Rothelowman used it as a starting point for the architecture of the new tower, with the historic building to accommodate the project's gallery and lobby.

"It's a significant asset and wants to be celebrated and experienced by all residents every single time they go in and out of the building," Rothelowman Principal Stuart Marsland said.

[smartcode_project:default project_id=509 project_image_fid=368872]

The tower will rise behind the retained heritage building at 640 Bourke Street, placing residents within walking distance of Southern Cross Station, Flagstaff Gardens, Queen Victoria Market and the Docklands waterfront.

With construction scheduled to begin in October, Far East Consortium has established an onsite display gallery at 640 Bourke Street, including fully built apartments that allow the project's layouts, materials and finishes to be inspected at full scale.

A fully built Eliza Collection apartment is also available to view at the display suite by appointment ahead of the planned October construction commencement.

Eligible purchasers who buy before construction commences can secure the full available off-the-plan stamp duty savings, subject to eligibility and applicable conditions.

[smartcode_project_cta:default project_id=509]

Far East Consortium brings Eliza Collection to 640 Bourke Street ahead of October construction start

Nestled in Pakenham, Altius is a boutique community only minutes from the township, providing a calm and peaceful retreat for first home buyers.

Developed by Creation Homes, Altius is located amongst an enviable mix of recreation, shopping, dining and entertainment.

Pakenham provides a fresh start to new residents, with amenities including the historically significant Winjeel&rsquo;s trail, the local Bunyip State Park, and the bustling local markets that feature fresh produce, unique artwork and craftware.

The heart of the Dandenong Ranges is just a 40-minute drive away, with cafes, antique shops, wineries and an abundance of bike and walking tracks.

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Boasting a collection of 33 residences in three and four-bedroom configurations, Altius features lots ranging in size from 322sqm to 608sqm.

&ldquo;Everything you need for comfortable living is at your fingertips&rdquo;, the project marketing reads, with privacy, community and a sense of peace and tranquillity at the forefront the project&rsquo;s design.

First home buyers and growing families alike have plenty of choice with a great range of house and land packages offering an affordable contemporary home design.

The developers also require just a 10 per cent deposit until the completion of the home.

Urban takes a look at three configurations on offer at Altius.

1. Coventry 165

<img alt="" height="564" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2021-10-25_at_5.10.55_pm.png" width="940" />

Available at Lot 28 of the Altius collection, Coventry 165 is a single-storey detached home.

Featuring three bedrooms, two bathrooms and a laundry, this spacious layout lies on a 475sqm lot with an internal area of 167.55sqm.

Homebuyers can choose between four fa&ccedil;ade options - Callista, Classic, Coastal or Plantation - to bring a unique style to their property.

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The home is listed for $585,640 and includes a walk-in robe in the main bedroom, open-plan living, dining and kitchen and a two-car garage.

2. Wynyard 181

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This large four-bedroom, two-bathroom property in Pakenham is ideal for family living.

Sitting on a 532sqm lot, Wynyard 181 is another single-storey home at Altius that offers four fa&ccedil;ade options, a master-bedroom with ensuite and walk-in robe, and a two-car garage.

Like all homes at the Cardinia Estate, Wynyard 181 comes finished with premium inclusions, including flooring, stainless steel appliances, LED downlights and a six-star energy rating.

[smartcode_project:default project_id=28891 project_image_fid=155537]

With an internal area of 183.33sqm, the spacious configuration at Lot 13 is available for families or investors at an affordable price of $612,640.

3. Gladstone 200

<img alt="" height="564" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2021-10-25_at_5.10.55_pm_0.png" width="940" />

As the largest configuration still available at Altius, Gladstone 200 provides the necessary room for entertaining family and friends.

The development features an internal area of 202.8sqm and sits on a 547sqm lot, which includes site works, front and rear landscaping, driveway and fencing.

Located at Lot 30, the four-bedroom, two-bathroom home includes a laundry, alfresco dining area, open-plan living kitchen and dining, a study and two-car garage.

[smartcode_project:default project_id=28891 project_image_fid=155540]

The full turn-key home is listed for $631,640, and similarly allows residents the choice between four fa&ccedil;ade options.

[smartcode_project_cta: project_id=28891]

Urban takes a look at three configurations on offer at Altius at Cardinia Estate

max.kwok_55688

Pakenham townhouse development Altius offering buyers a number of floorplans

The 4 Ballarat St., Brunswick apartment development,&nbsp;is one of the most in-demand projects on Urban for first home buyers, namely down to its location and&nbsp;affordability.

Located in the heart of Brunswick, the project team at&nbsp;Assemble operate on a&nbsp;rent-with-the-option-to-buy model, which has made this development particularly popular.

Designed by&nbsp;Fieldwork Architects&nbsp;and with landscaping by Rush Wright, 4 Ballarat St. places an emphasis on providing a seamless transition to the natural environment, with each apartment running on 100 per cent renewable energy.

We recently spoke with Asse​mble&rsquo;s director of marketing and relationships, Rebecca Shackleton, to discuss the rent-with-the-option-to-buy development.

[smartcode_project:default project_id=94542 project_image_fid=160739]

MK: How many multi-residential projects has&nbsp;Ass​emble completed within Victoria under their Assemble Futures scheme?

RS: The first project set to be delivered under Assem​ble Futures&rsquo; rent-with-the-option-to-buy scheme is 393 Macaulay Rd in Kensington. Residents are due to move in early 2022.

Other Assemb​le Futures projects include 15 Thompson St in Kensington and 4 Ballarat St. in Brunswick, with completion in 2023.

MK: What are the advantages of the rent-with-the-option-to-buy model at 4 Ballarat St. for first home buyers?

RS: Assemble​ Futures supports first home buyers into homeownership by enabling them to move in and rent their apartment for five years while saving for a deposit to buy it.

It protects them from shifts in the property market as they lock in the future purchase price of their home, and leases are renewed every 12 months, so if life takes them elsewhere, they have the flexibility to leave at the end of the lease.

[smartcode_project:default project_id=94542 project_image_fid=160729]

To secure an apartment, buyers sign the contract of sale, which locks in the future purchase price of their home, giving them the option, but not the obligation to purchase at the end of the five-year lease.

From the moment they sign, we will support them on their savings journey with our free (opt-in) financial coaching program. When they move in, they&rsquo;ll also have access to additional savings support through our bulk buying partnerships, aimed at reducing the cost of living across household goods, services and utilities by at least 20 per cent.

They will also get the added opportunity of experiencing their apartment, community, and neighbourhood before purchasing their home.

MK:&nbsp;What was the design brief for the architectural team at Fieldwork?&nbsp;&nbsp;

RS: Assemble partnered with Fieldwork architects to bring 4 Ballarat St. to life. Previously a factory designed by Melbourne architects AK Lines, McFarlane and Marshall, there is a strong history of textile manufacturing for brands, such as Hard Yakka Overalls company, Fletcher Jones, and more recently Perucci Shirts.

[smartcode_project:default project_id=94542 project_image_fid=160730]

Critical to the design brief, was the care needed in preserving the original building fabric and ensuring the new building was complementary to its surroundings. 4 Ballarat St. picks up on the distinctive qualities of Victorian Edwardian, post-war and industrial buildings, which characterise&nbsp;the diverse nature of the suburb.

Community is at the forefront of our building designs, with the relationship between apartments and the open-air walkways designed to encourage connection.&nbsp;

MK: What spoke to you about the 4 Ballarat St. site in particular when planning the development?

RS: 4 Ballarat St. is a vibrant location off Sydney Road. When it comes to Melbourne&rsquo;s renowned culinary areas, Sydney Road is high on the list with foodie icons like Tiba&rsquo;s, Mediterranean Wholesalers and the famous, low-cost A1 Bakery.

The site is within walking distance of great outdoor and recreational areas, including Clifton Park, Gilpin Reserve, A G Gillion Oval and Brunswick Baths. It is also well connected, with a range of public transport options servicing Sydney Road, residents are connected to surrounding suburbs, and can easily access the Melbourne CBD.

[smartcode_project:default project_id=94542 project_image_fid=160738]

MK: Where did you take your inspiration from?

RS: The design of the building has been inspired by the character, history, and predominant terracotta hues of the Brunswick neighbourhood.

Apartments are accented with warm colours and no-fuss design details such as terracotta tiles, hard-wearing benchtops, rich terracotta-coloured kitchen joinery, and chrome finishes.

[smartcode_project:default project_id=94542 project_image_fid=160731]

MK: What role did environmental design consultants Atelier Ten play in the project design and delivery?&nbsp;

RS: We collaborated with Atelier Ten to ensure best practice waste and sustainability methodologies are in place, and planet-friendly solutions are embedded throughout the building, reducing our environmental impact, and enhancing the quality of life for our residents.&nbsp;

We follow a clear set of design principles to ensure all apartments offer natural light, cross-flow ventilation and connection to landscaping and open space.&nbsp;

MK: 4 Ballarat St. boasts a number of communal amenities. What is the benefit of this?

RS: 4 Ballarat St.&nbsp;has been designed to bring people together offering residents an enriched and connected life beyond their four walls. Shared spaces provide meaningful, convenient and functional areas to work, eat and hang out.

[smartcode_project:default project_id=94542 project_image_fid=160740]

On level eight, you&rsquo;ll find a shared rooftop garden that has impressive views of the Melbourne skyline. A space to use as and when you like, it features several social zones to come together, entertain guests or host a barbeque.

The rooftop is also a space for pets to roam free in the designated dog park, while keen gardeners will also have a beautiful green zone and planting space. There is a shared clothesline for drying and a communal laundry, each apartment will have a laundry space, however,&nbsp;residents can choose not to have their own machine.&nbsp;

Our multi-purpose room is perfect for any type of event, yoga class, kids&rsquo; birthday party or if you have invited one too many dinner guests, it can be easily booked through the Assemble App.&nbsp;

On the ground floor, we have a multi-purpose workshop for the odd jobs where you&rsquo;d prefer not to mess up your apartment. It is complete with workbenches, shared tools, and wash sink, it&rsquo;s the place to get things done, and lean on your neighbour for a helping hand.

[smartcode_project:default project_id=94542 project_image_fid=160741]

The lending library is made to house all the little things you can&rsquo;t live without, but rarely use. Like a step ladder, a slow-cooker, or tools your need to fix your bike. It&rsquo;s about saving residents&rsquo; money through the power of sharing.

The parcel room and cool storage is a convenient and secure place for delivery services to leave your online purchases. If&nbsp;you&rsquo;re thinking about ordering groceries and drinks, our cool storage space keeps them fresh until you get home.&nbsp;

MK: Why did you choose Brunswick? Does this area offer strong investment opportunities for first home buyers?

RS: The median house price in Brunswick rose by 5.2 per cent in the second quarter of 2021 alone to $1.368 million, according to the Real Estate Institute of Victoria. We are witnessing the strongest growth in property values in our history, rising at their fastest rate in almost two decades.

The residents of 4 Ballarat St.&nbsp;will lock in their future purchase price today which means they will be protected from shifts in the market if they decide to purchase at the end of the five-year lease. If the housing prices in Brunswick continue to rise as they have been, their home will appreciate with the market and any equity gained over the five years will be theirs to benefit from.&nbsp;&nbsp;&nbsp;

<figure><img alt="" class="image-article-full-width-580px" height="387" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/dsc_2652.jpg?itok=QhlLN4TF" title="Brunswick. Image: Lauren Bamford" width="580" />

<figcaption>Brunswick. Image: Lauren Bamford</figcaption>
</figure>

MK: Where have buyers come from, and who is the development appealing to?

RS: 67 per cent of our residents have either come from Brunswick or other northern suburbs highlighting to us what a desirable area Brunswick is, with a great community.

Most of our residents are single, with around 20 per cent families and 20 per cent couples. It has been lovely to see so many residents referring their friends or housemates to the project, we have no doubt that 4 Ballarat St. will be a fantastic community.&nbsp;

[smartcode_project_cta: project_id=94542]

Urban recently spoke with Assemble’s director of marketing and relationships, Rebecca Shackleton, to discuss the rent-with-the-option-to-buy development. 

What buyers need to know about 4 Ballarat St, Brunswick apartments: Urban chats with developer Assemble 

The affordability&nbsp;gap is continuing to grow between houses and apartments, having reached record highs earlier this year.

It&#39;s seen a wave of buyers give up on the house hunt, and turn to the fixed price apartment purchases.&nbsp;

There are a number of developments on the market under $400,000 across Melbourne, which we&#39;ve wrapped up below.

1. Cultivate, Heidelberg West 
Developer: Kincaid Projects 
One-bedroom apartments from $399,000

[smartcode_project:default project_id=628 project_image_fid=178988]

Cultivate delivers an affordable collection of one, two and three-bedroom apartments that border Heidelberg West and Ivanhoe.

Situated on the fringe of Melbourne&#39;s top hospital precinct, minutes from La Trobe University and at the quiet, tree-lined end of&nbsp;<a href="/buildings/37-bell-street-ivanhoe">Bell Street</a>, the development features 146 apartments across two towers.

[smartcode_project:default project_id=628 project_image_fid=178983]

Cultivate boasts impressive one-bedroom, one-bathroom residences for just $399,000, including the choice between two colour schemes, Smeg appliances and premium finishes.

Residents will have access to a rooftop barbeque area, skyline views and bike parking.

2. Due North, Preston 
Developer: Caydon Property 
One-bedroom apartments from $352,000

[smartcode_project:default project_id=5502 project_image_fid=155330]

Climbing 12 levels and comprising 107 apartments, Due North is a new fur-friendly apartment addition to Preston&#39;s High Street.

Designed by Caydon Architecture, the 50 sqm one-bedroom, one-bathroom apartment is priced at $352,000.

[smartcode_project:default project_id=5502 project_image_fid=155342]

Located just 20 minutes away from Melbourne&rsquo;s CBD and featuring rooftop space, a co-working area and three retail spaces, residents will have everything at their doorstep at Due North.

Splash the day away in the pool and dip into stunning Melbourne views as you kick back on the deck and soak in those holiday vibes.

3. Spring Street, Box Hill 
Developer: Orion International Group 
One-bedroom apartments from $395,000

[smartcode_project:default project_id=100675 project_image_fid=170524]

Comprising 312 one, two and three-bedroom apartments, Spring Street is a new development attracting both investors and first home buyers.

Located in the heart of Box Hill, the mixed-use development features the best of both worlds, it&rsquo;s set in a quiet and leafy area while enjoying convenient public transport, local shops and caf&eacute;s.

[smartcode_project:default project_id=100675 project_image_fid=170528]

Designed by Elenberg Fraser, one-bedroom, one-bathroom apartments at the residence begin from $395,000, with accessible ground floor retail and dining options. &nbsp;

The development will also feature a 25-metre pool with a spa, a sauna, gym, yoga room and more.

Urban takes a look at three new developments on the market under $400,000 for buyers hoping to get ahead of the anticipated demand

Three best Melbourne apartments under $400,000, offering an accessible pathway to homeownership

Enso is a new development comprising four two-storey townhouses and one single-storey home in the inner-east Melbourne suburb of Balwyn.

Perfectly placed within the leafy neighbourhood, the five generously proportioned&nbsp;parkside residences have been delivered by Melstone to promote a peaceful lifestyle.

[smartcode_project:default project_id=27328 project_image_fid=175441]

&ldquo;A gentle&nbsp;pace characterises this prestige community, highly sought-after for its&nbsp;pretty period homes, well-regarded schools and peaceful parklands&rdquo;, the development is marketed as.

Designed by Parallel Workshop, each townhome boasts a double garage, outdoor terrace and private gardens complementary to neighbouring Beckett Park.

Timeless fa&ccedil;ades are elegantly detailed, with vertical lines, soft timber finishes, herringbone underfoot, Gaggenau appliances and contemporary joinery pieces.

[smartcode_project:default project_id=27328 project_image_fid=175444]

High ceilings in the interior make each living space feel generous and luxurious, while earthy tones and an art deco feel provide elegance and harmony with nature.

Each townhome sits on a lot between 316sqm to 433sqm, offering total internal areas of between 159sqm and 322sqm.

According to the statement of information filed in 2019, the homes are listed from $1.995 million.

Enso&rsquo;s location in Balwyn provides an exemplary mix&nbsp;of ease and tranquillity, the developers note.

[smartcode_project:default project_id=27328 project_image_fid=175445]

A 15-minute walk&nbsp;through tree-lined streets leads to Balwyn&rsquo;s shopping&nbsp;strip, where a selection of shops and caf&eacute;s tempt&nbsp;locals.

The historic&nbsp;Palace Balwyn cinema is abound with art-deco charm;&nbsp;where classic lines and decorative flourishes adorn&nbsp;the fa&ccedil;ade.

The 109 tram servicing Whitehorse Road&nbsp;takes you all the way to Melbourne&rsquo;s CBD in 30&nbsp;minutes, making accessibility a breeze.

[smartcode_project_cta: project_id=27328]

Perfectly placed within the leafy neighbourhood, the five generously proportioned parkside residences have been delivered by Melstone to promote a peaceful lifestyle

Just five parkside townhouses in Balwyn's luxury Enso development

South Yarra&rsquo;s once hidden industrial area, known as the For​rest Hill Precinct, has undergone a complete transformation into a microcosm of a&nbsp;cosmopolitan city.

While a City of Stonni​ngton Council masterplan only came into effect in 2008, development was in the works as early as 2005/2006. In 2005, just over 100 homes adorned the streets between the South Yarr​a railway station and Chap​el Street, with a local council report forecasting an extra 350 homes by 2015.

That was until 2008 when the precinct - strategically important in the context of the Melbourne 2030 Plan - was designated as a key area within the surrounding City of Ston​nington for higher density housing, mixed use and intensive built form.&nbsp;

The masterplan for the precinct&rsquo;s street level development included&nbsp;the widening of footpaths and new paving materials, vibrant colours and patterns, landscaping treatments, the development of east/west pedestrian links, pedestrian priority, under grounding of power lines and installation of public art.

The former industrial area, bounded by Toorak Road, Ch​apel Str​eet, Alexandra Avenue and Yarra Street, is now not only a high-density residential area with retail offerings, it has been directly connected to&nbsp;Chapel Str​eet,&nbsp;Yarra Street and the station.

Developer EcoWorld took advantage of the burgeoning area, and created their $250 million apartment tower, Yarra One.

[smartcode_project:default project_id=3127 project_image_fid=31085]

To fit in with the cool-vibe of Chapel Street, architect Fender Katsa​lidis created a luxury atrium entry from&nbsp;Claremont Street, reminiscent of the bustling laneways that Melbourne is famous for.

Residents also get access to Yarra One&#39;s exclusive resident only app Lifestyle One,&nbsp;an all-round app which allows residents to do everything from making&nbsp;massage appointments to hiring a butler.

[smartcode_project:default project_id=3127 project_image_fid=181983]

In partnership with Scarisbrick International, a Singapore-based company that developed a new concept in luxury retirement living, the&nbsp;monthly subscription-style service fee, brings a different level of service to residents of all ages,&nbsp;Yarra One&nbsp;General Manager Jeffrey Ong says.

&ldquo;By offering our residents 6-star services 24 hours a day, we aim to further amplify the&nbsp;Yarra One&nbsp;living experience as a beautiful, luxurious home that pampers, comforts, and inspires our residents,&quot; Ong says.

[smartcode_project:default project_id=3127 project_image_fid=181268]

&ldquo;People often associate apartment living with a compromised lifestyle, but our vision is to provide residents both convenience and lifestyle under one roof.

&ldquo;EcoWorld&nbsp;is excited to be one of the first developers to bring apartment residents a premium resort lifestyle in Australia and hopes to explore similar initiatives for future projects.&rdquo;

[smartcode_project_cta: project_id=3127]

Developer EcoWorld took advantage of the burgeoning area, and created their $250 million apartment tower, Yarra One

How Yarra One apartments fit in to South Yarra's Forrest Hill Precinct

Last year EcoWorld completed their second&nbsp;Australian apartment development, Yarra One, offering&nbsp;a high end point of difference in Melbourne's South Yarra.

There are a limited selection of one, two and three-bedroom apartments still for sale in the Claremont Street development, which was designed&nbsp;by the award-winning Fender Katsalidis team.

They took inspiration for the tower from the surrounding areas,&nbsp;focusing&nbsp;on pure geometry throughout their design.

There was a higher level of finish at Yarra One compared with other high-rise towers, from&nbsp;the fine grain of the chevron timber floors to the custom-designed pendant lights.

[smartcode_project:default project_id=3127 project_image_fid=181268]

Orientated to take in the maximum possible views through the floor-to-ceiling windows, the living spaces of each apartment have been created as open plan as possible, with the kitchen, dining and living spaces&nbsp;ordered to take in the views.

Some apartments feature a butler's pantry, island benches, and premium Miele appliances

[smartcode_project:default project_id=3127 project_image_fid=31089]

The amenity has been designed as an extension of the apartments, with soaring double-height ceilings across&nbsp;a resident dining room, library and wine cellar.

Residents also have exclusive access to a wellness precinct that homes&nbsp;a gym, outdoor spa, dance studio and yoga room.

Luxuries continue down to the car parking, with Yarra One offering a Tesla car-share service, and pet wash facilities.

[smartcode_project:default project_id=3127 project_image_fid=181270]

Fender Katsalidis wanted to create a striking entry from Claremont Street. The atrium design is&nbsp;reminiscent of&nbsp;the bustling&nbsp;laneways that Melbourne is famous for.

“The timber look trellis enclosing the atrium is a signature feature that acts to create a sense of retreat and allows light to filter within the space throughout the day resulting in an ever-changing environment,”&nbsp;Fender Katsalidis&nbsp;Director Nicky Drobis said.

[smartcode_project:default project_id=3127 project_image_fid=31093]

EcoWorld recently&nbsp;has launched Lifestyle One, a 24/7&nbsp;all-round app which allows residents to do everything from making massage appointments to hiring a butler.

Apartments at YarraOne start from $455,000.

[smartcode_project_cta: project_id=3127]

Fender Katsalidis took inspiration for the tower from the surrounding areas, focusing on pure geometry throughout their design.



Inside EcoWorld's Yarra One, South Yarra apartment development

Sales in Voyager, the apartment tower in Mirvac&#39;s Yarra&#39;s Edge precinct in Melbourne, have taken off in 2021.

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 General Manager for Residential Victoria, Elysa Anderson, said buyers were drawn to the luxury apartments, exceptional amenity and beautiful waterfront living Yarra&rsquo;s Edge has to offer.

&quot;Downsizers from regional and interstate locations are looking for a base closer to their families, while experienced local apartment dwellers are seizing the opportunity to upgrade their home and lifestyle at an inner-city location,&rdquo;&nbsp;Anderson said.

[smartcode_project:default project_id=3494 project_image_fid=167751]

The 130-metre Voyager tower features interiors and architecture by the award-winning Mirvac Design team, including a striking bronzed curved fa&ccedil;ade that reflects the changing lights of the sun as it moves on its daily journey, creating a gateway to Melbourne from the Bolte Bridge.

Comprising 310 apartments including artist and home-office apartments, luxury residences and Sky Residences, Voyager currently has a limited number of one, two&nbsp;and three-bedroom residences available, starting from $601,500.

Voyager residents have access to an inspiring art gallery in the striking lobby, along with an exclusive residents-only rooftop space on level 43, the first of its kind in the precinct.

[smartcode_project:default project_id=3494 project_image_fid=180328]

The rooftop includes three distinct zones &ndash; a social barbecue area with indoor and outdoor dining, a lawn for contemplative practice such as yoga, and an open-air lounge with fire pit for relaxing and socialising. It also features a bar, theatre, and karaoke room.

&ldquo;Mirvac&rsquo;s unique end-to-end in-house capabilities have allowed us to effectively navigate the challenges associated with the COVID-19 construction restrictions to complete this next chapter in the development of Yarra&rsquo;s Edge on schedule,&quot; Anderson noted.

&quot;Our customer-first approach enabled us to remain flexible, with a number of purchasers choosing to amalgamate apartments to form larger residences, and we are pleased to be welcoming the first residents into this incredible precinct with some requesting to settle early.&rdquo;

[smartcode_project:default project_id=3494 project_image_fid=180330]

Voyager is walking distance to state-of-the-art health and fitness facilities available at the nearby Wharf Club, which boasts a pool, spa, steam room, gym, fitness facilities and caf&eacute;, all housed underneath and grass roof that flows into Wharf&rsquo;s Landing Park &ndash; a 1,500 sqm&nbsp;green open space.

A 1,000 sqm retail hub is also proposed for the precinct, which is anticipated to service both the local community and the broader Fishermans Bend and Docklands catchment area.

Over 3000 residents already call Yarra&#39;s Edge home.

[smartcode_project_cta: project_id=3494]

The 130-metre Voyager tower features interiors and architecture by the award-winning Mirvac Design team

Demand spikes in 2021 for Mirvac's  recently completed Yarra's Edge apartment tower, Voyager, now 82% sold

A Fitzroy Street, St Kilda property has been listed for sale with the marketing advising it comes with substantial development upside, according to marketing agents, Teska Carson.

It is being sold with a planning permit for a five level residential project with 54 apartments designed by Cactus Architects.&nbsp;

Renzella Group has put the hotel and retail building on the market through Teska Carson with expectations of a price in the low to mid $20 million range.

The property currently comprises a three level commercial building including eight ground floor shops with Fitzroy Street frontage on level one, a 40 room, fully refurbished hotel, on levels one and two, and a substantial car park for up to 36 cars at the rear.&nbsp;

Zoned Commercial 1 the 1924 square metre site has 47 metre frontage at 63 to 73 Fitzroy Street.&nbsp;

Commercial 1 zoning allows a number of development outcomes, including hotel and short stay accommodation, co-living, residential, office or build-to-rent, Teska Carson&rsquo;s Luke Bisset said.

``This property offers an extremely rare opportunity for investors, owner-occupiers and developers to acquire an asset situated on one of Australia&rsquo;s best known retail strips and in one of the most iconic destinations.

``Fitzroy Street is home to a plethora of retail and entertainment destinations which attract both locals and international tourists in their thousands week in week out supported by excellent public transport facilities and road access.

``The opportunity to provide a first rate retail and residential property to such a market, whether that be via optimising the current rental potential or a partial or full redevelopment, is one which will have much appeal to a wide range of buyers,&rsquo;&rsquo; Mr Bisset said.

The property will be sold subject to several retail leases currently returning $217,000 per annum with a potential, fully let, retail income of $395,000. There are also 20 hotel rooms occupied on various lease terms currently returning $23,608 monthly with a potential fully let income of $564,192 bringing the total potential annual income to circa $960,000.

The property will be sold by expressions of interest closing November 10.

Listed initially in 2019, it last sold at $4 million in 2003.

The offering is two along from the well known Cushion Lounge site where GURNER has lodged $35 million plans to create what will be the first in a series of new concept hotels under the Club Maison brand.

GURNER paid $2.25 million for the 99 Fitzroy Street building.

It is being sold with a planning permit for a five level residential project with 54 apartments designed by Cactus Architects

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Fitzroy Street, St Kilda apartment development site listed

Mirvac&#39;s ninth tower, in its award-winning Yarra&#39;s Edge community in Melbourne, is hoping to be more tailored to the owner-occupier.

The ASX-listed national property developer are proposing to reconfigure&nbsp;the apartment layouts to drop the number of apartments. The yet-to-be-named Tower Nine&nbsp;is set to be the tallest apartment building in the precinct.

There will now be one extra level, taking the number of levels to 45. That has brought in an extra three bedroom apartment on that level, after the rooftop plan and equipment space was rationalised.

Mirvac has dropped the number of apartments, from 222 to 191, creating larger apartments to meet the latest&nbsp;Apartment Design Guidelines and market expectations. &nbsp;&nbsp;

&quot;We have generally increased the size of the apartments throughout the building, catering more towards larger apartments for the owner occupier market,&quot; a Mirvac spokesperson told Urban.

There will now be 50 one-beds, taking up 27 per cent of the building, and 80 two-bedroom apartments, which make up the bulk of the building of 44 per cent. Now the three-bedroom plus apartments has 29 per cent of the building.

<img alt="" height="2077" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/mirvac_tower_9_yarras_edge.jpg" width="1200" /> 
An artist impression of Tower Nine. Image supplied

Mirvac General Manager for Residential Victoria, Elysa Anderson, says that the tower 9&nbsp;visioning and subsequent planning application follows the success of Voyager, the most recently completed apartment tower in Yarra&#39;s Edge, as well as buildings Phoenix, Folia and FORME at Apartments of Tullamore in Doncaster.

&ldquo;We are seeing continued resilience in the Melbourne property market, with Voyager receiving strong demand from owner occupiers for quality apartments, supported by exceptional amenity,&quot; Anderson said.

&quot;We plan to launch the highly anticipated tower 9 building in the second half of 2022 and expect it will continue to attract purchasers searching for luxury apartments at the premium end of the market.

&ldquo;This spectacular building is planned to rise from the bank of the river creating a new legacy for Yarra&rsquo;s Edge and a new icon on Melbourne&rsquo;s skyline, with its enviable location at the end of the Collins Street axis.

&quot;The building will deliver an experience that fuses the future of luxury living in harmony with lush green tranquil spaces, connecting residents with nature and promoting a sense of health and wellbeing.

&quot;The design and luxury specification of tower 9 will transcend that of any of the award-winning towers that have come before it at Yarra&rsquo;s Edge,&rdquo;&nbsp;Anderson.

Mirvac Head of Residential, Stuart Penklis, says that tower 9 reinforces Mirvac&rsquo;s confidence in the Victorian apartment market as the state looks to ease restrictions further over the coming months.

&ldquo;Mirvac is focused on accelerating our supply of high-quality apartments in Victoria as we anticipate there will be a shortage of owner occupier residences in premium locations in the future,&quot; Penklis said.

&quot;The strength of the established housing market and the opening up of international borders will continue to drive very strong demand for well-designed and quality constructed apartments just like Voyager and tower 9,&rdquo;

Mirvac&#39;s latest tower completion in Yarra&#39;s Edge is Voyager, the 130-metre, 43-level tower of 310 apartments.

[smartcode_project:default project_id=3494 project_image_fid=180330]

Sales at Voyager increase by 20 percent in the first half of 2021 compared to the same time last year, with owner-occupiers accounting for 78 percent of purchasers over that period.

The tower features interiors and architecture by the award-winning Mirvac Design team, including a striking bronzed curved fa&ccedil;ade that reflects the changing lights of the sun as it moves on its daily journey, creating a gateway to Melbourne from the Bolte Bridge.

[smartcode_project_cta: project_id=3494]

The ASX-listed national property developer are proposing to reconfigure the apartment layouts to drop the number of apartments

Mirvac tweak ninth apartment tower design in Melbourne's Yarra's Edge

Mirvac has provided an update on sales in its Forme apartment building within its highly sought-after Tullamore community in Melbourne&rsquo;s eastern suburbs.

The recently launched project has seen 28 percent of its Doncaster apartment sold since July.&nbsp;

Set within the tranquil former 47-hectare Eastern Golf Course in Doncaster, Forme will feature 93 residences at 57 Stables Circuit.

Mirvac head of residential, Stuart Penklis, noted, in releasing its first quarterly operational update for the financial year 2022, that Forme ranked among the major apartment releases underpinning Mirvac&#39;s future earnings.

[smartcode_project:default project_id=100322 project_image_fid=163035]

Forme is the final stage at their apartments of Tullamore project in Doncaster.

Penklis says that Forme is an evolution of apartments of Tullamore&rsquo;s earlier successful apartment buildings, Phoenix and Folia.

He&#39;d previously advised apartments of the Tullamore buildings had achieved strong sales with notable interest from owner occupiers looking to downsize from larger family homes.

Forme features generous floorplans, with apartments spanning seven levels and ranging from 51 square metres to 179 square metres in size.

[smartcode_project:default project_id=100322 project_image_fid=163028]

Designed by Mirvac&rsquo;s in-house design team, the residences are available in one, two, three and four-bedroom configurations.

Apartments will be available in two luxury colour schemes, with wool blend carpets, timber look joinery, brushed nickel tapware, reconstituted stone benchtops, Villeroy and Boch sanitaryware and Miele appliances.

Landscape architect Paul Bangay has curated the project&rsquo;s sculptured gardens with more than 20 per cent of Tullamore is devoted to green open spaces, including pocket parks, adventure playgrounds, undercover barbecue and picnic areas.

[smartcode_project:default project_id=100322 project_image_fid=167733]

Future Forme residents will also have access to the Stables Provedore Caf&eacute;, as well as the multi-million-dollar Next Gen Health &amp; Lifestyle Club, complete with indoor and outdoor pools, tennis courts, restaurant dining, a private spa and creche facilities.

Located just 13 kilometres east of Melbourne&rsquo;s CBD, residents will be close to an array of high-quality amenity, including shopping, education and local transport hubs.

Its completion is scheduled for the end of 2022.&nbsp;

[smartcode_project_cta: project_id=100322]

Construction of FORME is expected to see completion at the end of 2022

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