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]

Joel Robinson

Maréa Residences brings parkside apartments to Coolangatta

Melbourne developer PDG has secured Victorian Government approval for its $1.5 billion Southbank development <a href="https://www.apartments.com.au/new-apartments/the-one-1-queens-bridge-street-southbank-vic-3006">The One</a>, clearing the way for the long-dormant riverfront site opposite Crown to finally be developed.

The Minister for Planning has approved the project at 1-29 Queens Bridge Street, with the Department of Transport and Planning issuing the planning permit following its assessment.

The approval will allow PDG to develop the prominent 5,059 sqm site with a major mixed-use tower comprising premium apartments, including branded residences, a luxury hotel and boutique office space.

PDG acquired the site in late 2024, with its position directly opposite Crown's main entrance and near Melbourne's Arts Precinct making it one of Southbank's most significant remaining development opportunities.

<img alt="PDG" data-entity-type="file" data-entity-uuid="3933013e-6332-4386-b9be-089df05caf17" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-27%20at%209.29.22%E2%80%AFAM.png?VersionId=sITIgBqDL0N3VNSMwWEmF5UA.uvcsRyu" />

Designed by COX in collaboration with ODO and PDG, the tower's architecture draws on the movement of the Yarra River, with six vertical pleats running the height of the sculpted facade.

The project will also see the heritage-listed Queens Bridge Hotel restored and incorporated into the development&nbsp;with new hospitality and public uses, including a rooftop venue.

A significant component of The One will be its residential amenity.

More than 5,000 sqm of resident facilities will be delivered across a single level, making it one of the largest consolidated residential amenity offerings proposed in an Australian apartment development.

The planning approval also incorporates a major upgrade of Queensbridge Square, which PDG will deliver in partnership with the City of Melbourne.

<img alt="PDG" data-entity-type="file" data-entity-uuid="73167fcd-1031-4b6f-a408-a064cfe45ed1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-27%20at%209.29.17%E2%80%AFAM.png?VersionId=Pf1AEWxw6SNmBqR0zQW5lyEze.MtxgFp" />

The existing square will be revitalised as a new civic and pedestrian space along the Yarra River, strengthening the connection between the project, Southbank and the riverfront.

PDG Founder and Managing Director Vince Giuliano said the approval represented a major milestone for a site which has remained largely underutilised for more than 15 years.

“This is the most significant Planning Permit approval Melbourne has seen in recent years,” Giuliano said.

“For more than 15 years, this site has remained underutilised. This approval enables us to deliver a project that will contribute meaningfully to the revitalisation of Southbank, restore and reactivate an important heritage building, and create a new civic and hospitality destination for Melbourne.”

The latest approval follows an earlier planning permit issued by the City of Melbourne covering demolition works across part of the site at 9-29 Queens Bridge Street. Those demolition and early works are already underway.

PDG has also started generating early interest in the residential component from owner-occupiers ahead of a planned public launch in early 2027.

PDG secures approval for $1.5bn Southbank apartment development, The One

Local developer Harridan is seeking to turn its Woolloongabba apartment project into the first stage of a broader transformation of Burke Street, using a new 16-storey mixed-use building to establish a greener pedestrian connection toward the rapidly evolving Boggo Road transport and knowledge precinct.

The South East Queensland developer has filed plans for 154 apartments on the <a href="https://www.apartments.com.au/new-apartments/4-burke-street-woolloongabba-qld-4102">southern side of Burke Street</a>, where its proposal has been designed alongside a wider vision by LatStudios for the street.

That vision positions the southern side of Burke Street for buildings of 15 storeys and above, while envisaging lower-rise development of up to five storeys on the northern side to transition into Woolloongabba's existing character housing. It also proposes wider pedestrian verges, deep planting, new street trees and upgrades to the pedestrian approach to Boggo Road Station.

The Harridan development itself has been designed by Brisbane-based Arqus Design and will comprise 154 apartments across 16 storeys. The mix is weighted heavily toward two-bedroom apartments, with 121 proposed alongside 10 one-bedroom and 23 three-bedroom residences. There will typically be around 14 units per floor.

A lower-ground car park and three podium levels will accommodate 156 resident parking spaces, along with visitor and commercial parking. There will also be 154 resident bicycle spaces and 40 visitor bicycle parks.

&nbsp;

Harridan is a family-owned developer and part of the Holmwood Highgate Group, with more than three decades of development activity across South East Queensland. Its portfolio spans residential, commercial and industrial property, with current residential projects including Riverbank on Byron in Bulimba, Esperance Residences in Carina and The Precinct at Kinross Road in Thornlands.

Wooloongabba has been popular for apartment developers, particularly since the announcement of the 2032 Summer Olympics games in Brisbane.

While there have been a lot of development applications, it has failed to materialize into real supply.&nbsp;

Sarazin has been the major player in the area. They are under construction at Murcia Residences, on the fringe of East Brisbane and Woolloongabba. They have just launched <a href="https://www.apartments.com.au/new-apartments/the-stanley-residences-woolloongabba-8-trafalgar-street-woolloongabba-qld-4102">The Stanley Residences</a>, in Woolloongabba on Trafalagar Street. They also have Nuage coming soon on the nearby <a href="https://www.apartments.com.au/new-apartments/nuage-woolloongabba-14-wellington-road-woolloongabba-qld-4102">Wellington Road</a>.

First look: Harridan plans Burke Street transformation beside Boggo Road transport hub

IN BRIEF

<ul>
	<li>
	Just three double-storey Sky Homes sit at the top of The Waterline, each with its own private marina berth and rooftop terrace.
	</li>
	<li>
	Construction on The Waterline is complete, with the first residents expected to move in from mid-October.
	</li>
	<li>
	Sky Homes range from 282 sqm to 367 sqm and are priced from $3.65 million.
	</li>
</ul>

<hr />
Lewis Land has opened the first completed sky home for inspection at Harbour Shores, giving buyers their first opportunity to step inside one of just three double-storey residences crowning The Waterline.

Each sky home comes with its own private marina berth, rooftop terrace and Broadwater views, combining the scale of a larger home with direct access to the boating lifestyle that underpins the wider <a href="https://www.apartments.com.au/new-apartments/harbour-shores-biggera-waters-564-oxley-drive-biggera-waters-qld-4216">Harbour Shores</a> masterplan.

[smartcode_project:default project_id=113271 project_image_fid=366708]

Lewis Land Head of Development Michael Long said the inclusion of a berth with every Sky Home had become increasingly valuable as marina access across the Gold Coast tightened.

“Marina berths are becoming increasingly difficult to secure across the Gold Coast, so including one with every Sky Home makes this a genuinely rare offering,” Long said.

“The private 70-berth marina will accommodate boats up to 12 metres in length and is positioned just 2.5 kilometres from the Broadwater, placing the open ocean only 15 minutes away.

“Being able to step out of your home onto your boat is a rare luxury, and it’s something residents here can look forward to when it opens later this year.”

[smartcode_project:default project_id=113271 project_image_fid=366709]

The display opening comes as construction completes on The Waterline, with the first residents expected to move in from mid-October.

The three Sky Homes range from 282 sqm to 367 sqm and each feature three bedrooms, three bathrooms, multiple living zones, expansive kitchens with butler's pantries and large balconies taking in the Broadwater outlook.

Each residence also has three secure basement car spaces and additional storage.

“This is the first opportunity the Gold Coast has had to step into Harbour Shores and see, touch and feel what we’re bringing to life here,” Long said.

“There are only three Sky Homes within The Waterline, ranging in size from 282sqm to 367sqm, with each residence featuring three large bedrooms, three bathrooms, multiple living zones, expansive custom-built kitchens with butler’s pantry, and large balconies capturing Broadwater views.”

<img alt="Harbour Shores" data-entity-type="file" data-entity-uuid="bab65e10-4fab-45e1-92d8-fc56e2ab98ff" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-25%20at%202.00.16%E2%80%AFPM.png?VersionId=XT8q76LsPkw3cYTsvN3JfFDaPLud90PN" />

Residents of The Waterline will have access to a private pool, along with Harbour Shores' wider collection of amenity including a lagoon pool, social clubhouse, tennis court, gym, yoga facilities and sauna.

Lewis Land partnered with Studio Collective to furnish the completed display, with the interiors designed to demonstrate how the residences could function as permanent homes rather than simply as show apartments.

Studio Collective Director Melissa Park said the surrounding waterways informed the interiors, but in a more restrained way than a traditional coastal scheme.

“We drew inspiration from the canals and coastal surrounds, but our approach was to interpret that subtly through layered materials and a grounded palette of earthy tones, rather than literal coastal references,” Park said.

“We introduced hero moments of green and teal to reference the surrounding waterways, while mirrored elements help reflect natural light.

“The result is a residence that feels elevated yet comfortable, somewhere buyers can genuinely imagine themselves living, entertaining and unwinding.”

Sky Homes are priced from $3.65 million.

Lewis Land is also offering private marina berths with The Residences, its limited collection of three and four-bedroom villas positioned directly along the Harbour Shores waterfront boardwalk.

Three-bedroom villas are priced from $2.99 million, while four-bedroom residences start from $3.19 million.

Harbour Shores is being marketed by Colliers International.

[smartcode_project_cta:default project_id=113271]

Lewis Land opens sky home display as The Waterline completes at Harbour Shores

St Vincent de Paul Society Housing Australia has filed plans for a major mixed-use housing precinct on the southern edge of the North Sydney CBD, adding another significant proposal to a pocket around North Sydn​ey Station that is quickly becoming one of the LGA's busiest development zones.

The State Significant Development Application covers a 5,990 sqm site at <a href="https://www.apartments.com.au/new-apartments/1-19-mackenzie-street-lavender-bay-nsw-2060">1-19 MacKenzie Street and 211 Blues Point Road in Lavender Bay</a>, immediately south of Nor​th Sydney Station and between the commercial core and the lower-rise Lavender Bay Heritage Conservation Area.

Designed by Wardle, the proposal would deliver a new residential tower comprising 88 build-to-sell apartments and 19 affordable apartments, alongside a separate co-living building with 57 rooms and a building manager's studio.

It would also see the significant restoration and upgrade of St Francis Xavier Catholic Church, the adaptive reuse of the former school building, new parish facilities, retail, a new public square and around 1,000 sqm of publicly accessible open space.

<img alt="Vinnies North Sydney" data-entity-type="file" data-entity-uuid="d5dd7f87-a617-463e-b577-17541e01f0e9" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-26%20at%209.10.13%E2%80%AFAM.png?VersionId=4R8TsFN3P_LrrXO2HswTOIrx2blil8lh" />

The project is seeking a concurrent rezoning of the site to R4 High Density Residential and an increase in the maximum building height to allow a tower reaching RL120, or up to 20 storeys. The proposal was progressed through the NSW Government's Housing Delivery Authority pathway.

The build-to-sell component will be weighted toward larger apartments, with just six one-bedroom apartments compared with 31 two-beds, 43 three-beds and eight four-bedroom residences.

The 19 affordable apartments will comprise two studios, 15 one-bedroom apartments and two two-bedroom apartments, taking the total apartment component to 107 residences before the 58 co-living rooms are included.

<img alt="Vnnies" data-entity-type="file" data-entity-uuid="7d568ca5-cb90-4e18-96c6-d9795dba0c56" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-26%20at%209.10.05%E2%80%AFAM.png?VersionId=GY2R5M9VtQh0EKy1vajaea19PSLOPuRD" />

Wardle's design for the Vinnies site has sought to negotiate that emerging high-rise context while retaining the lower-scale character of MacKenzie Street and the adjoining heritage conservation area.

The main building adopts a three-storey podium and tower arrangement, with the podium aligned to the ridgeline and front setback of St Francis Xavier Church.&nbsp;Wardle has designed the podium with colonnades, seating, recessed entries and active ground-floor frontages, with sandstone-toned precast concrete and face brick referencing the materiality of the existing church.

The tower then steps back eight metres to the south and six metres to the north before rising in a sculpted form comprising four interlocking quadrants. Wardle has also introduced rounded forms and chamfered corners to reduce the tower's perceived bulk and improve view sharing with neighbouring development sites.

Resident facilities and outdoor areas are planned at the separation between the podium and tower at Level 3, oriented toward Sydney Harbour and the CBD skyline.

The tower itself will feature a glass reinforced concrete facade, with recessed balconies and deep reveals used both to provide shading and privacy and frame views toward the harbour and city. The lower levels take a different architectural approach, using brick and sandstone-toned finishes intended to establish a stronger relationship with St Francis Xavier Church. The Church itself will be conserved and upgraded for its continued use, while the former school building will be adaptively reused as part of the co-living component.

<img alt="Lavendar Bay" data-entity-type="file" data-entity-uuid="2d4418ad-90aa-4d49-af93-c80b140aea80" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-26%20at%209.09.47%E2%80%AFAM.png?VersionId=Kv4gzbsACaGvZSRuaqcfGC54jEJRXIDJ" />

&nbsp;

The proposal adds to an increasingly concentrated pipeline of residential development around Blue Street, MacKenzie Street and Lavender Bay.

Just west of the site, Central Element lodged plans earlier this year for one of the most significant residential developments proposed in Lavender Bay in recent years.

Central Element's SJB-designed scheme at 64-66 Lavender Street and 3-7 Middlemiss Street would deliver 163 apartments across two towers rising 23 and 32 storeys, replacing five existing apartment buildings containing 32 homes. The project also forms part of the Housing Delivery Authority pathway.

<a href="https://www.apartments.com.au/news/nsw/first-look-central-element-reveals-lavender-bay-apartment-plans?utm_source=chatgpt.com" rel="noopener" target="_blank">First look: Central Element reveals Lavender Bay apartment plans</a>

Immediately around North Sy​dney Station, another two significant proposals have emerged at 5 and 15 Blue Street.

Zurich Australian Insurance Properties is seeking to adaptively reuse its longstanding commercial building at 5 Blue Street, directly above North Sydney Station, rather than demolishing the structure.

Its SSDA proposes converting the building into a 14-storey mixed-use development with 62 apartments and 86 co-living rooms, together with ground-floor retail and a major refurbishment of Blue Street Plaza. The application is currently at the Response to Submissions stage.

<a href="https://www.apartments.com.au/news/nsw/first-look-zurich-targets-north-sydney-office-conversion-with-148-unit-proposal-above-metro-station">First look: Zurich targets North Sydney office conversion with 148-unit proposal above Metro station</a>

&nbsp;

First look: Vinnies files for 20-storey Lavender Bay apartment tower as North Sydney housing pocket heats up

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.

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"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.

[smartcode_project:default project_id=509 project_image_fid=365689]

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

Ivanhoe East is one of the most prestigious suburbs in Melbourne at the foot&nbsp;of the CBD, drawing many&nbsp;of their street names from characters in the novel Ivanhoe by Sir Walter Scott.

The suburb has held strong fundamentals as a blue chip investment suburb and for the past decade has seen strong growth at 5 per cent for houses and 2.5 per cent for apartments per annum in the past decade.

Currently comprised of primarily couples, growing families and older independents, the demographics have been shifting towards younger professionals and younger couples looking to buy their first family home or apartment.

The Grounds meets this growing need for space with more than half of the&nbsp;precinct comprising gardens, public spaces&nbsp;and a central landscaped Village Green, designed by Memla. There&#39;s plenty of space for those raising or looking to start a family.

[smartcode_project:default project_id=5806 project_image_fid=168937]

The Grounds is comprised of an exclusive collection of three apartment buildings, each architecturally designed to respond to their own address; Wilfred, Wamba and The Boulevard. There is also the Oak Terraces, located off Cedric Street, offering a limited collection of townhomes.

The homes&nbsp;are&nbsp;finished with hardwood flooring and a choice of colours and finishes, offering ensuites and walk-in robes, or an additional living room or study depending on the buyers needs.

All homes are complete with a host of luxury features, from high quality&nbsp;European kitchen appliances and larder, to double glazing and pure wool carpets.

[smartcode_project:default project_id=5806 project_image_fid=168932]

Prices start from $1.1 million&nbsp;for a two-bedroom apartment, with three-bedroom apartments starting from&nbsp;$1.31 million. There&#39;s a&nbsp;a limited selection of four-bedroom apartments, which are priced at at $2.35 million. The small collection of townhouses&nbsp;range from $1.89 million to $2.4 million.

The townhouse prices sit right in the range of the suburb median, while the apartment prices are in line with their size, premium quality and design. The apartments are 20 per cent to&nbsp;30 per cent&nbsp;larger&nbsp;the median size for two bedders&nbsp;in Melbourne.

Just 15 minutes from the CBD, there is plenty on offer on location with&nbsp;some of the best Ivanhoe East dining and shopping&nbsp;destinations like&nbsp;Upper Heidelberg Road&nbsp;and&nbsp;Templestowe Road minutes away.

[smartcode_project_cta: project_id=5806]

Ivanhoe East has held strong fundamentals as a blue chip investment suburb and for the past decade has seen strong growth across every segment of the market

jordan_55689

Why there's been downsizer and upsizer interest at the Ivanhoe East apartments and townhouses in The Grounds

The Grounds is the latest Ivanhoe&nbsp;development out of JWLand, placing a focus on fresh public spaces and community with more than half of the grounds being green spaces.

At&nbsp;the centre of the precinct is a magnificently landscaped Central Park which which spreads out into&nbsp;network of gardens stretching out from the development into nearby&nbsp;Ivanhoe and Chelsworth Parks.

The Grounds is comprised of an exclusive collection of three apartment buildings, each&nbsp;designed to respond to their own address; Wilfred, Wamba and The Boulevard. There is also the Oak Terraces, located off Cedric Street, offering a limited collection of townhomes.

[smartcode_project:default project_id=5806 project_image_fid=168937]

There&#39;s plenty on right across the road with the Ivanhoe Public Golf Course as well as the Eaglemont Tennis Club and East Ivanhoe Bowling Club for those who don&#39;t enjoy hitting the links.

Located&nbsp;15 minutes from the CBD, there is plenty to dine on nearby with some of Melbourne&#39;s premier foodie&nbsp;destinations like the vibrant cafe culture of Upper Heidelberg as well as&nbsp;Templestowe&nbsp;Road minutes away. They are home to famed dining institutions like DamaRose Restaurant, L&#39;Artigiano Ivanhoe, Vasko Restaurant and Darling Dumplings.

Ivanhoe also plays host to a bustling nightlife with local hotspots like The Back Room Bar and historic Ivanhoe Hotel which has been around for more than a century.

[smartcode_project:default project_id=5806 project_image_fid=168932]

It is a clean and green suburb with many families&nbsp;attracted to the two elite private schools,&nbsp;Ivanhoe Grammar School, and Ivanhoe Girls&#39; Grammar School. It is also home to one of Victoria&#39;s oldest state schools, Ivanhoe Primary School, established in 1853.&nbsp;

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At the centre of the precinct is a magnificently landscaped Central Park which which spreads out into network of gardens

Landscaping and gardens at the centre of everything at Ivanhoe East apartments, The Grounds

There wasn't too much to know about South Yarra's old jam factory on the buzzing Chapel Street, until the prominent, now national developer, Tim Gurner took control of a part of the massive 18,000 sqm site.

Now Gurner's development firm, GURNER, are set to submit plans for a massive $1.5 billion&nbsp;mixed-use precinct, comprising&nbsp;retail and entertainment, office and residential towers, an ultra-luxury hotel and a new public realm.

The globally renowned architects Bates Smart have put together the plans for the project, which is intended to create a vibrant new heart for Chapel Street while revitalising and restoring the Nineteenth Century heritage facades along Chapel and Garden Streets.

The development sees Gurner team up with the real estate manager&nbsp;Newmark Capital, who will deliver and retain ownership of the office space, and the leading real estate financier Qualitas, who will work with Gurner on the residential side. Gurner and Qualitas bought a chunk of the site from Newmark last year.

<a href="/new-apartments/500-chapel-street-south-yarra">Be the first to know the next stage by tracking the project</a><a href="/new-apartments/500-chapel-street-south-yarra">&nbsp;here.</a>

The expected public benefits include the creation of 1000 jobs during construction, 3200 ongoing jobs at capacity and $490M annual ongoing GVA to the Victorian economy.&nbsp; The project is slated to launch publicly to the market in early 2022 with completion earmarked for 2025.

Gurner says the exciting precinct represents the alliance of three passionate property businesses working in harmony to create something that will do the incredible site justice and take everyone’s breath away.

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&nbsp;“Our vision for the residential offerings will raise the bar in the luxury market even higher; I wouldn’t be surprised if we create a penthouse collection that will fetch prices of up to $50 million," Gurner said.

“The depth of the ultra-high end of the market is certainly there and we believe there will be significant investment from wealthy expats and global investors returning to Australia after considerable time abroad, along with a doubling-down of local luxury buyers.

“This project will see us take what we have learnt over the past 17 years - in particular our recent experience with Hawksburn Place Residences and Saint Moritz - and take these residences to a new level of exclusivity and luxury once again.

“I have always been drawn to heritage sites and the Jam Factory represents one of the most exciting revitalisation precincts in Australia. I am truly excited to be working on a project that will rediscover and celebrate a heritage that has been hidden from public view for many decades.

<img alt="" data-entity-type="" data-entity-uuid="" height="800" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/gurner_jam_factory_5.jpg" width="1200" />

Gurner says the team have been working&nbsp;closely with council to align the proposal with their feedback and advice, to ensure the development&nbsp;can be a precinct for the entire community – with something for everyone who will work, live, shop or even just pass through the area.

The centrepiece of the precinct will be a new&nbsp;split-level central public space&nbsp;with a large open staircase creating an amphitheatre for events

Open laneways and spaces will link Chapel Street with the retail and entertainment precinct, creating a 24/7 shopping, food, dining and entertainment destination.

There will be four luxury residential towers, which will have over 400 apartments.

In keeping with Gurner's love for heritage buildings, the facade of the jam factory will be retained. Above will sit a&nbsp;curvilinear office building and a the residential towers, sat on stilts to welcome both people and light through.

<img alt="" data-entity-type="" data-entity-uuid="" height="802" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/gurner_jam_factory_4.jpg" width="1200" />

Simon Swaney, director at Bates Smart, said there is a multiplier effect for the development given it combines&nbsp;hotel, retail, residential, cinemas and commercial - creating&nbsp;a greater whole.

"This will be an extraordinary place to work, visit and live," Swaney said.

“It is a key Melbourne cultural site, a part of urban life in South Yarra, a very significant artefact of the industrial heritage of this area.

<a href="/new-apartments/500-chapel-street-south-yarra">Be the first to know the next stage by tracking the project</a><a href="/new-apartments/500-chapel-street-south-yarra">&nbsp;here.</a>

“The high-quality residential component will offer outstanding views to surrounding districts and even toward the bay.

“We feel excited and proud about the opportunities, both architecturally and as a development that will enliven this area and Melbourne,” he said.

<img alt="" data-entity-type="" data-entity-uuid="" height="799" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/gurner_jam_factory_3.jpg" width="1200" />

Fast Facts

The proposed revised scheme, which is expected to be submitted to council this week, includes:

● A new public civic space in the form of a 1,700sqm, two-level plaza and amphitheatre

● Four luxury residential towers totalling over 400 ultra-luxury residences

● A 5-star hotel totalling around 180 keys

● A commercial floorspace totalling 22,500sqm of NLA

● Three levels of experiential retail and entertainment totalling 21,000sqm NLA, including the retention and redevelopment of the existing cinema offering

● A series of integrated laneways, based on the area’s original 1864 master plans

<a href="/new-apartments/500-chapel-street-south-yarra">Be the first to know the next stage by tracking the project</a><a href="/new-apartments/500-chapel-street-south-yarra">&nbsp;here.</a>

Our vision for the residential offerings will raise the bar in the luxury market even higher; I wouldn’t be surprised if we create a penthouse collection that will fetch prices of up to $50 million

$50 million penthouses: Gurner to raise the bar as $1.5 billion development plans for South Yarra's Jam Factory are unveiled

A 3,822 sqm land holding ripe for an apartment complex has been listed at Box Hill.

It is currently five houses.

&ldquo;As Victoria&rsquo;s fastest growing metropolitan activity centre outside the CBD, Box Hill is absolutely thriving,&quot; listing agent Jarrod Moran at CVA Property Consultants said.

&quot;One family are proudly offering the opportunity of a lifetime for an astute developer to make their mark right in the heart of Box Hill,&rdquo; he said.

It has street frontages to Glenmore Street and William Street. 
&nbsp; 
The development site is five titles located 880 m to Box Hill railway station.

There are more than 2,790 apartments, five new hotels and high-rise offices on the cards in the Box Hill Activity Centre as one of Victoria&rsquo;s largest private urban regeneration projects by 2030.

Offers close October 28.

Box Hill&#39;s&nbsp;cultural diversity and growing appeal have made it one of the more desirable places to live in Melbourne&#39;s east.&nbsp;Urban has taken a deeper dive into some of the best apartment developments set for Box Hill.

1. Spring Street

One-bedroom apartments starting from $395,000

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Investors and first home buyers have both been attracted to Spring St, the newest mixed-use development slated for Box Hill.

The low price point in the project, the first in Box Hill designed by the renowned architecture firm Elenberg Fraser, has both investors and first home buyers keeping their eyes peeled.

Set in a quiet and leafy area in the bustling heart of Box Hill, Spring St provides convenient public transport, with the 109 tram, trains and buses nearby, as well as local shops and cafes. The ground level of Spring St will also home a number of retail and dining options.

Within a few hundred metres is the Box Hill RSL and Bowls Club, which meets Box Hill Gardens, a one kilometre urban park with sports courts, a running track, barbecue areas, ponds, and a playground.

The development of 312 apartments will also feature a 25 metre pool with spa, a sauna, gym,&nbsp;yoga room and more. Completion is set for 2024.

Read more:&nbsp;Why Spring St, Box Hill apartments are attracting both first home buyers and investors

2. Prospect apartments

One-bedroom apartments starting from $422,370

[smartcode_project:default project_id=3516 project_image_fid=153753]

With hotel-style amenities, a vibrant community and contemporary design, Prospect Apartments&nbsp;is one of R&amp;F Property&rsquo;s latest multi-residential projects.&nbsp;

Situated at 9 Prospect Street, Prospect Apartments will home&nbsp;193 apartments in one, two and three-bedroom configurations. Designed by Hayball, the exterior boasts an elegant and refined form with a poised glass fa&ccedil;ade.

Each apartment offers residents a choice between an East Scheme and West Scheme, each offering unique design perspectives that present a calming family space. Among the project&rsquo;s numerous amenities are a porte-coch&egrave;rre, pool gym and concierge service.

Prospect is expected to reach completion in 2022.

3. The Parade

One-bedroom apartments starting from $465,000

[smartcode_project:default project_id=3194 project_image_fid=25875]

Recently completed is the boutique apartment development The Parade, also designed by&nbsp;Hayball.

Comprising just 58 one and two-bedroom residences across 12 floors, The Parade&#39;s&nbsp;signature cascading facade gives the ability to deliver larger than average balconies with uninterrupted sky views, as well as light-filled living spaces across a number of different floorplans.&nbsp;

Designed with the latest environmental standards, The Parade incorporates sustainable materials and the harvesting of rainwater and sunlight,&nbsp;a benchmark and&nbsp;example for further Box Hill development.

The 3,822 sqm land holding is located 880 metres to Box Hill railway station

jchancellor-FAypfDUnLy

Box Hill apartment development site listed

A 700sqm apartment development site on the edge of Camberwell Junction has been sold to a local developer for $3.5 million.

The sale of 561 Riversdale Road was struck off market.

It was at a high $5,000 per sqm land rate, without an existing permit.

An application for construction of 14 dwellings on two lots was lodged two years ago with Boroondara City Council.

Zoned General Residential, the site is also next door to a public car parking. 

It was sold by Fitzroys agents David Bourke and Chris James.

Bourke noted it was close to medical clinics and allied health uses.

New residential developments in the area include the former State Bank site and adjoining Sofia’s, approved for 40 apartments and food and beverage.

There is also Brown Property Group’s Cookson Camberwell near the station.

The 616 Riversdale Road property was recently bought by a developer for townhouses.

They will join Blueprint Projects’ $175 million Camberwell Village (CV), and Dahlia’s $300 million Hawthorn Park on the other side of the junction.

Bourke said there are growing avenues for financing that has enticed a number of developers back into the market.

“A lack of stock brought to the market throughout COVID means there is a large volume of capital waiting to be deployed for quality opportunities,” James said.

Camberwell apartment development site sold for $3.5 million 

A 1278 sqm Toorak Rd, Toorak apartment development site has been listed for sale.

It comes with a 24 metre frontage to Toorak Road zoned General Residential.

Set b between Grange and Orrong Rds, it is being offered for the first time in 70 years.

Teska Carson agents Luke Bisset and Matthew Feld expect 549 Toorak Road to attract a high level of interest from a broad range of buyers including investors and developers.

``This is an extraordinarily good opportunity, subject to council approval, to capitalise on what is currently a relatively strong market for luxury apartments.
 
``Based on nearby developments, there is precedent for a four level building located within walking distance of Toorak Village,’’ Mr Bisset said.
  
It is currently a three level building with12 strata-titled, two bedroom, apartments with a current income of $162,264 per annum.

The marketing suggest there was a potential, fully-let income of $224,304 per annum.

Offers are due October 7with expectations circa $9 million. 

The Toorak development site is being offered for the first time in 70 years

$9 million hopes for Toorak apartment development site

According to a report from the Melbourne City Council&rsquo;s planning department, the ongoing trend in the City of Melbourne was&nbsp;for increasingly small apartments, with 40 per cent having less than 50 square metres, the recognized minimum size of a one bedroom apartment in Sydney.

At the time of the late 2016 report, some two bedroom apartments were&nbsp;being marketed or proposed in the municipality that are of a similar size to that of one bedroom apartments in other cities.&nbsp;

Previous&nbsp;Institute of Architects Victorian president Peter Malatt has said, &quot;developers are building apartments that are uninhabitable; they&#39;re not restrained by any regulation; they&#39;re maximising profit.&quot;

Sydney&#39;s larger apartments consistently yielded much higher returns for investors, he said.

With larger apartments yielding better returns, Urban has picked out four developments that beat the trend and the Melbourne apartment size average without breaking the bank.

<h2>1. Queens Place</h2>

One-bedroom apartments from $439,600

[smartcode_project:default project_id=2806 project_image_fid=175429]

Developer 3L Alliance $1 billion twin tower development, Queens Place, rises 70 stories as one of the Melbourne CBD&#39;s largest residential developments.

Packed with resort-style amenities and rarities like childcare facilities, the&nbsp;one-bedroom, one-bathroom, one-study apartment in Queens Place is a sizable 62 square metres, starting from $532,400.

Situated at 350 Queen Street on the fringe of Flagstaff Hill, the development&nbsp;has been collaboratively designed by renowned&nbsp;architects from Fender&nbsp;Katsalidis and&nbsp;COX Architecture, with interiors by&nbsp;Hecker Guthrie.

<h2>2. Voyager</h2>

One-bedroom apartments from $601,500

[smartcode_project:default project_id=3494 project_image_fid=89073]

Mirvac&rsquo;s&nbsp;Voyager tower is the ninth completed tower in Yarra&rsquo;s Edge master plan community.

A one-bedroom, one-bathroom apartment is 63 sqm, more than 20% larger than the median, according to the data.

The $300 million, 315-apartment development on the&nbsp;Docklands&nbsp;waterfront&nbsp;rises 130 metres and is home to a sweeping range of facilities, including&nbsp;a resident sky deck, dining room and bar, hanging gardens, 270-degree skyline views and a cinema and karaoke room.

Contemporary apartments and a number of resident-only amenities have also encouraged investors to purchase into the development.

<h2>3. FOCUS Melbourne</h2>

One-bedroom apartments from $499,000

[smartcode_project:default project_id=3260 project_image_fid=62316]

FOCUS Melbourne at 75 City Road, Southbank, is the product of a partnership between Central Equity and Doig Architecture.

Set for completion in 2022, the 50 level building will comprise 592 one, two and three bedroom apartments. The one-bedroom apartments are 55 sqm at their smallest and are the most affordable one-bedders over 50 sqm on this list.

FOCUS Melbourne boasts a range of amenities, including a 17-seat luxe movie theatre, an expansive indoor/outdoor barbecue and social dining area, as well as lifestyle facilities including a pool, gymnasium and sauna.

<h2>4. St Boulevard</h2>

Two-bedroom apartments from&nbsp;$725,000

[smartcode_project:default project_id=1260 project_image_fid=177987]

While the one bedder&#39;s have sold out at St Boulevard, their&nbsp;two-bedroom apartments are larger than much of the competition. Two bedders range from&nbsp;72 sqm to 86 sqm, a size up from the 66 sqm median for two-bedroom apartments, according to the last available data.

For a limited time, St Boulevard is offering buyers a suite of incentives on completed one and two bedroom apartments in their Magnolia, Ginko and Anaca apartment towers.

Monetary incentives include a 5% deposit match and covering the first year of owners corp&nbsp;fees.&nbsp;St Boulevard, developed by The Shakespeare Group, is also offering a white goods package and a $12,000 Coco Republic furniture voucher.

Peter Malatt has said that developers are building apartments that are uninhabitable; they're not restrained by any regulation; they're maximising profit.



Four new Melbourne city apartments super-upsizing the competition

The importance of interior designers creating the spaces and details within apartments has never been more important to residential developers.

Salta Properties,&nbsp;one of Australia&#39;s largest privately owned companies, called in the very best for their residential development The Park House in Melbourne&#39;s Abbotsford.

Carr, led by the design guru Sue Carr, handled the interiors at The Park House, the Victoria Street development made up of&nbsp;two buildings, Riverbank and Riverbend. They are named after their location, a stones throw from the Yarra River and bordering the popular Main Yarra Trail.

Urban recently spoke with the interior design guru Sue Carr, discussing all of the design elements of Riverbank.

JR: What was the brief from Salta for the interiors of the apartments?

SC: With every new project, we always begin by asking &ndash; what is the demographic of the purchaser? What is the lifestyle shift? Where is the location?

At Carr, we passionately believe that good architecture and design can enrich lives and make a difference to those that use and engage with it.

[smartcode_project:default project_id=4136 project_image_fid=156263]

Every project is unique, so we take into consideration the client, brief, place, cost plan and timing. All these factors combine to produce a response that has at its core, a powerful concept and a logical outcome. We call this the &lsquo;Big Idea&rsquo;, which remains with the project from end-to-end and guides the outcome.

With The Park House development, we looked at the location and the natural environment for inspiration. This was the &lsquo;Big Idea&rsquo;.

Surrounded by some of Melbourne&rsquo;s most animated and exciting precincts, the development sits on the banks of the Yarra Bend parklands, in a green belt framed by massive plane and gum trees.

One of the great aspects of this site is its proximity to the river and the bike paths that run along it. There is a spine that allows you to ride, run, row, or walk without seeing a major road. We love this idea of coming home after a long day at work and feeling like you have stepped away from the city and into the country. You can access stillness and natural beauty without having to abandon the excitement of a cosmopolitan urban lifestyle.

[smartcode_project:default project_id=4136 project_image_fid=156274]

In response, we wanted each home to be a private sanctuary. We wanted to create a warm and welcoming environment with textures and earthy tones.

For the design, we opted for a unified palette, where we used few materials as possible. This direction links all the individual spaces, creating a coherent overall offering achieved via subtle repetition of form, materiality, and texture.

The brief was not just to design beautiful apartments, but also address the vast amenities. The aim was to allow neighbouring residents to interact with one another, getting the most from the building in terms of comfort, entertainment and occupant wellbeing.

[smartcode_project:default project_id=29856 project_image_fid=89781]

JR: How early in the design phase do you and the architects collaborate? And why is earlier the better?

SC: The building fa&ccedil;ade reflects the ripples of the Yarra River. Although we did not literally carry this theme into the interiors like the architects, we responded to the site&rsquo;s natural surroundings with our own interpretation. Our materials, colours and textures respond to the immediate site context and its makeup.

JR: What really stands out for you about the design? What is your favourite feature?

SC: There is an understanding in our practice of the significance of detail in design. There are considered subtleties in The Park House that will unfold and come to be appreciated over time.

We really wanted the interiors &ndash; both public and private &ndash; to encourage people to slow down, to consider the spaces, and enjoy the transition from the street, bike path or car park, into their home. We wanted them to enjoy the process of switching off at the end of the day and engaging with their surroundings.

To achieve this, we created integrated lighting throughout each of the apartments and through the public walkways. It is subtle and soft.

In each apartment, we also designed a custom light that floats above the kitchen island bench. This provides a sculptural element to the interior while also projecting a soft, interesting light. The routed timber veneer in the joinery, adds another level of texture.

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Exaggerated proportions in the kitchen splashback highlight the scale of porcelain and create a grand sense of scale. Metal detailing to joinery in the kitchen and bathroom adds a refined aesthetic. Recessed LED lighting showcases the feature porcelain in the bathroom and kitchen

Our intention was to create a space that had a true sense of home but also a memorable atmosphere. We want the residents to feel the connection with the landscape beyond, with the building and their apartment becoming a welcoming sanctuary for them to take in all this development has to offer.

JR: What part did you play in the design of the amenity? And what design principles were important in the shared spaces?

SC: The Park House has vast amenity. It offers spaces both inside and out for all purposes &ndash; relaxation, work, entertainment, solitude &ndash; and for all demographics. There is a children&rsquo;s area, a private lounge, a bar, a home theatre, a golf simulator, a pool, a spa &ndash; the list goes on and on.

While working with Salta, we were strongly informed by ideas about public and private space, and how these new emerging types of urban spaces are full of design possibilities.

For us, it was important that all these spaces seamlessly flow into one another. Many of the transitional spaces are dark and atmospheric, which ensures that as residents move into the light and open spaces, the sense of awe is enhanced by contrast.

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Animating the larger functional spaces is natural light, invited into the building as the sun moves across from the east to the west. These ever-changing light effects and connection to landscape combine to form remarkable spaces that lie somewhere between art, sculpture, and architecture. Larger format glazing frames the view beyond, maximising outlook.&nbsp;

Part of the beauty of this development is the way it negotiates opposites. There is an intentional contrast between light and dark material palette. Certain areas open to the surrounding landscape, with internal lounges spilling out onto alfresco terracing, leading down to the river. This encapsulates a luxurious sense of home, inviting the residents to settle into these more private but public amenity spaces. The amenities are the key to a truly unique lifestyle on the banks of the Yarra River.

On the flipside, darker spaces, such as the library and meeting rooms, employ a darker, masculine palette. These interiors are richly layered and create a warmth.

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"Our intention was to create a space that had a true sense of home but also a memorable atmosphere," Carr said.

Inside the Carr Design interiors of Riverbank apartments in Abbotsford: Urban chats with Sue Carr

SJB are one of Australia&#39;s most sought-after architecture firms for anything from mutli-residential apartment developments to commercial towers and luxury home builds.

They&#39;ve got two studios, in Sydney as well as Melbourne, and have been the brains behind the likes of Crown&#39;s luxury Waterfall apartments in Sydney and Kings Domain in Southbank.

One of their most recent designed was the&nbsp;Abbotsford apartment development The Park House, developed by the renowned Salta Properties, with a major influence in the design being the building&#39;s proximity to the Yarra River.

Urban spoke to SJB&#39;s Michael Bialek, who headed up the design team for The Park House, to discuss how it was created.

What was the brief from Salta for The Park House, and then more specifically Riverbank? How did it need to differ from Riverbend?

Salta&rsquo;s brief for the The Park House project was to deliver a quality residential development as the final piece for the wider Yarra Gardens precinct.

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The project should provide significant improvements to the public realm through the provision of new visual and physical links from Victoria Street through to the Yarra River. Compromising over 500 apartments, the new buildings should respond positively to the landscaped character of the adjoining completed Green Square project and allow construction in stages towards the new proposed Walmer Plaza.

Riverbank addresses the &lsquo;urban edges&rsquo; of Victoria Street and Walmer Plaza, while Riverbend is less prominent &ndash; connected to the adjoining Green Square project and overlooking the bend in the Yarra River.

What were the most important features of the site/location which influenced your design?

The most important features of the site are the frontage to busy Victoria Street and the opportunity presented by the north-facing frontage to the Yarra River. These differing conditions resulted in building forms that have been shaped to respond to their location on the site and precinct planning that ensures a high quality public realm with enhanced amenity and connection to the Yarra River.

<a href="/buildings/the-park-house-627-631-victoria-street-abbotsford"><img alt="" height="810" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/park_house_salta_plans_sjb.jpg" width="1200" /></a>

Were there any other buildings&nbsp;you&#39;ve designed previously&nbsp;(or just seen) that influenced the design?

SJB was previously involved in the delivery of three residential projects fronting both Burnley Street and Victoria Street in the precinct. Each project has a distinctive aesthetic based on its orientation, typology and scale &ndash; townhouses fronting laneways, apartments along street frontages and common amenities surrounding landscaped courtyards.

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The buildings which are in close proximity to the retail complex Victoria Gardens, create a varied yet unified residential community which enjoys access to shopping facilities, public transport and riverfront recreation.

What were the biggest challenges of the design?

The challenges faced in the early design phase related mainly to the sensitive location of the site along the Yarra River.

Taller built forms were shaped so that the actual and apparent width of buildings were minimised when viewed from the river. These sculpted forms have been aligned generally to be perpendicular to the river corridor. Building separation, height and setback controls also influenced site planning and built form outcomes.

A two-tier river edge movement system was also incorporated into the master plan in order to maintain and enhance the &lsquo;natural&rsquo; river character at the lower level. A continuous bicycle connection is provided at this lower level while a more active &lsquo;urban&rsquo; character is created at the upper level with new pedestrian connections from the river to Shamrock, Walmer and Davison Streets.

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What interested you about the project?

The most interesting aspect of the project was the opportunity and challenge to provide significant improvements to the public realm and amenity for new occupants and the surrounding neighbourhood.

Unlocking this parcel of land formally occupied by the Melbourne Fire Brigade was a significant achievement by the project team, delivered through the provision of new public spaces and connections to the Yarra River.

What part of the design were you most proud/most interested in seeing when it&nbsp;was completed?

SJB is able to look back with pride at its role in the delivery of a series of residential projects in the precinct, which were successfully adopted by the marketplace over several years. The area has been transformed into a &lsquo;new neighbourhood&rsquo; with an improved public realm and new connections to the Yarra River.

In The Park House project, residential amenity is of high quality. Planning of apartments provide significant northerly outlook over the natural landscape of the river setting while common facilities are well located and generous. The aspirational planning principles for the site have been delivered while the residential character and amenity of the buildings are both innovative and responsive to this unique setting.

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How closely do you work with Carr Design when creating the apartments? 

SJB &amp; Carr Design worked collaboratively during the design phases of the project, with extensive briefing sessions determining the aspirations for both teams. The interior design of apartments and common areas was to respond to the architectural character of each building. Particular attention was paid to the extensive recreational facilities including swimming pools, lounges, playrooms and entry lobbies.

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Urban spoke to SJB's Michael Bialek, who headed up the design team for The Park House, to discuss how it was created.



How we designed Riverbank apartments in Abbotsford: Urban chats with SJB's Michael Bialek 

Developer 3L Alliance&#39;s recently completed $1 billion twin-tower development, Queens Place, takes centre stage as one of&nbsp;Melbourne&#39;s tallest residential developments.

The glass-swathed, 80-storey towers have been collaboratively designed by renowned architecture firms&nbsp;Fender Katsalidis and COX Architecture, with interiors by Hecker Guthrie.

The towers share the first five levels, a podium which homes the joint residential amenity including a&nbsp;pool, private dining rooms, multiple games rooms including Mahjong and poker, a karaoke suite&nbsp;and a private resident&rsquo;s concierge, as well as business centre.

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It&#39;s the upper levels however that get that extra level of luxury.

The apartments from level 53 and up are dubbed High Rise apartments, and offer realised spaces with greater emphasis on style, comfort and luxury including Miele appliances, feature wall lighting, concealed heating and cooling with individual wall controllers and more. Levels 69-78 home the tower&#39;s penthouses and sub-penthouses, known as Queens Residences.

Both High Rise and Queens Residence residents enjoy their own exclusive amenities on levels 51 and 52.

They&#39;ll have access to their own swimming pool, with sauna and steam rooms. Also just for High Rise and Queens Residence buyers is a private bar and lounge, and a bookable dining room, complete with a commercial-size kitchen.

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Prices for High Rise apartments start from just $497,000, one of the best luxury offerings currently on the Melbourne market.

Queens Place, at 157 A&rsquo;Beckett Street and 370 Queen Street&nbsp;on the edge of Flagstaff Hill, is located in the heart of a&nbsp;network of laneways, offering access to retail and commercial office suites, and a public plaza with its own laneway shopping precinct.

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Collaboratively designed by renowned architects from Fender Katsalidis Architects and COX Architecture, with interiors by Hecker Guthrie, top floor residents have access to a suite of premium amenities

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