<a href="https://www.apartments.com.au/new-apartments/smith-by-valli-collingwood-224-228-smith-street-collingwood-vic-3066">Smith Collingwood</a> is a new boutique apartment development bringing a refined, design-led approach to one of Melbourne’s most established inner-city neighbourhoods.

Designed by <a href="https://www.apartments.com.au/architects/pandolfini-architects">Pandolfini Architects</a> with interiors by <a href="https://www.apartments.com.au/interior-designers/lisa-buxton-interiors">Lisa Buxton</a>, Smith by Valli sits on iconic Smith Street and comprises just 22 residences tailored toward owner-occupiers seeking a more considered style of apartment living.

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The design of Smith focuses on a north-facing orientation across all residences, a relatively uncommon feature in dense inner-Melbourne settings. Each apartment has been planned to maximise natural light and outlook, alongside a material palette defined by warm tones, custom joinery, and a full suite of Gaggenau appliances.

The development comprises a mix of one, two, and three-bedroom apartments, with pricing currently ranging from just under $1 million to around $4.85 million for the premium penthouse-level residences, reflecting growing demand for luxury owner-occupier product in Melbourne’s inner urban market.

Residents will also have access to a private rooftop garden designed as an elevated retreat above the city, &nbsp;featuring curated landscaping, veggie boxes, intimate seating areas and spaces for relaxed gatherings. Sustainability has also been integrated into the project through a 7-star energy rating and two secure bicycle facilities for every residence.

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Smith by Valli sits in the heart of one of Melbourne’s most established retail and hospitality strips, within walking distance of venues such as Falco Bakery, Carnation Canteen and Alimentari, alongside parks and everyday services. With a Walk Score of 99, the location reinforces the project’s positioning toward buyers prioritising walkability and access over car dependency.

With only a limited number of residences, Smith reflects growing demand for smaller, highly curated apartment developments that prioritise design quality, liveability, and connection to neighbourhood character.

[smartcode_project_cta:default project_id=140747]

Joel Robinson

Smith by Valli delivers a refined collection of luxury residences to Melbourne’s inner north

<a href="https://www.urban.com.au/developers/far-east-consortium">Far East Consortium</a>’s 640 Bourke Street stands as a testament to&nbsp;<a href="https://www.urban.com.au/developments/melbourne-vic-3000">Melbourne</a>’s ability to bridge its storied past with a bold vision for the future.&nbsp;

Rising above the heritage-listed Eliza Tinsley building, the development reflects a broader shift toward adaptive reuse in the city, where historical assets are retained and reinterpreted as part of new residential development.

Designed by <a href="https://www.urban.com.au/architects/rothelowman">Rothelowman</a>, <a href="https://www.apartments.com.au/new-apartments/640-bourke-street-melbourne-640-bourke-street-melbourne-vic-3000">640 Bourke Street</a> incorporates the Eliza Tinsley building as its foundation, housing a grand gallery and lobby space that serve as both a functional and symbolic centrepiece. The heritage façade informs the tower’s design, creating a connection between Melbourne’s past and its contemporary skyline.

"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.

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Above this historic base, the 68-storey tower will deliver just over 600 residences, a notable reduction from earlier schemes, reflecting a deliberate move toward larger-format apartments and a stronger owner-occupier focus.

Unlike traditional CBD developments that prioritised investor stock, 640 Bourke Street has been repositioned to respond to changing buyer expectations.

"The discussion was all around making 640 Bourke Street the best residence to live in, to be much more focused on the people in the building rather than people looking at the building," Marsland explained.&nbsp;

This shift is evident in the development’s interiors, which emphasise practical luxury with spacious layouts, high ceilings, and floor-to-ceiling windows framing sweeping views of Melbourne and Port Phillip Bay.&nbsp;

“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," Lauren Sheldon, Far East Consortium’s Director of Sales and Marketing, said.&nbsp;

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Rothelowman Associate Jun Chang added, "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."&nbsp;

Amenities spanning more than 3,000 sqm across multiple levels further reinforce this focus on resident experience. These include a pool, gym, co-working areas, and a range of hospitality-inspired spaces such as a whisky lounge, library, and private dining rooms, many drawing reference from traditional bathhouses and Melbourne’s laneway culture.

"We wanted to make both the pool and the gym area to be absolutely destinational, and when you traverse across to these spaces, there is a gentle familiarity to the beautiful notions of the hammams and the Roman baths, a gentle nod to history," Chang noted.

At street level, the project contributes to the ongoing transformation of the western CBD, with upgrades to Langs Lane and the introduction of retail, hospitality, and gallery spaces designed to activate the precinct and strengthen its connection to the surrounding city fabric.

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The location places residents within walking distance of Southern Cross Station, Flagstaff Gardens, Queen Victoria Market, and the Docklands waterfront, positioning the development within a rapidly evolving inner-city neighbourhood.

"We believe it's the best site left in the city of Melbourne," Craig Williams, Executive Director at Far East Consortium, said.&nbsp;

640 Bourke Street is Far East Consortium’s 14th building in Melbourne’s western CBD.

"A very elegant designed building. It's going to be a Melbourne statement for many, many years to come."

One-bedroom apartments are priced from around $640,000, with 640 Bourke Street targeting completion in 2029.

Renders shown are Artist's Impressions correct as of May 2026.

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Heritage-led design anchors Far East Consortium’s 640 Bourke St, Melbourne

<a href="https://www.apartments.com.au/developers/mayd-group">MAYD Group</a> has set a new residential price record in Queensland with the $30 million sale of the penthouse at its <a href="https://www.apartments.com.au/new-apartments/one-burleigh-88-the-esplanade-burleigh-heads-qld-4220">ONE Burleigh</a> development in Burleigh Heads.

The sale equates to around $37,500 per sqm.

The two-level, 800 sqm penthouse, featuring five bedrooms, five bathrooms, five car spaces, and a private infinity pool overlooking the Pacific Ocean, was acquired by a Gold Coast-based entrepreneur, highlighting continued demand for ultra-premium beachfront product.

Selling agent Freddie Tehle of PRD Burleigh Heads said the result reflects tightening supply of high-quality, large-format apartments in Burleigh.

“There’s very limited opportunity to secure this level of scale and absolute beachfront position in <a href="https://www.apartments.com.au/developments/burleigh-heads-qld-4220">Burleigh Heads</a>,” Tehle said.

“Buyers are increasingly seeking apartments that genuinely replace a standalone home, and this penthouse delivers that with its size, privacy, and direct ocean frontage.”

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The sale comes as construction progresses on ONE Burleigh, a boutique development of 17 full-floor residences at 88 The Esplanade, scheduled for completion in early 2027.

Developed by MAYD Group and designed by <a href="https://www.apartments.com.au/architects/mas-architecture-studio">MAS Architecture</a> with interiors by <a href="https://www.apartments.com.au/interior-designers/sici-design">Sici Design</a>, the project has been positioned as a collection of house-sized beachfront apartments, each occupying an entire floor with around 381 sqm of internal and external living space.

When construction commenced, MAYD director Todd Mould pointed to the long-term resilience of premium coastal real estate as a key driver behind the project.

“Real estate, particularly at the premium end, remains one of the most resilient and proven long-term investment avenues,” Mould said.

“Our ambition is that anyone who buys a MAYD-built product can genuinely feel the care, craftsmanship and commitment we bring to every detail.”

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Each residence has been configured with four bedrooms, multiple living zones, a private office, and expansive ocean-facing terraces. Interiors draw on a restrained material palette, including travertine stone, timber joinery, and integrated premium appliances.

Interior designer Sici Design said the approach was to reflect the project’s coastal setting through both materiality and spatial planning.

“ONE Burleigh is our vision of luxury living, designed to bring the essence of Burleigh Heads' vibrant coastal beauty into an unparalleled residential experience.”

Residents will have access to a suite of wellness-focused amenities, including pools, sauna facilities, and dedicated relaxation spaces, reflecting a broader shift toward lifestyle-driven apartment design on the Gold Coast.

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The project occupies a southern Esplanade site with uninterrupted beachfront frontage, an increasingly rare offering in Burleigh Heads, free from the Norfolk Pines that line much of the coastline and often limit direct ocean outlook.

Mould said the design intent was to balance that outlook with a sense of retreat.

“Living at ONE Burleigh is about how your day naturally unfolds, morning light across the ocean, coffee on the balcony, and being in Burleigh but elevated above the noise.”

The result further reinforces Burleigh Heads’ emergence as one of the Gold Coast’s most tightly held and supply-constrained beachfront markets, where boutique, owner-occupier-focused developments are increasingly setting new price benchmarks.

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MAYD Group sets Queensland record with $30 million penthouse sale at ONE Burleigh in Burleigh Heads

Apartment developers in the Gold Coast are finding new, creative ways to differentiate themselves from competing projects, as new supply starts to flow through up and down the Coast.

Developer BIG Projects brought in the renowned Sydney-based design studio YSG Studio to craft the interiors for The Frederick, BIG Projects' new Mermaid Beach project and YSG Studio's first move into the multi-residential development space.

[smartcode_project:default project_id=110588 project_image_fid=5346]

It was a strategic move for BIG Projects to bring in a Sydney eye to the development.

“Our role is to give our design partners the space and freedom to explore,” says Matt Barrett, Director of BIG Projects.

“We wanted YSG Studio to capture the essence of Nobby’s, to design a building that embraces life, light and connection, while creating a genuine sense of place.”

There are only 39 apartments in The Frederick, including a striking beach house, just 100 metres from the booming Nobby Beach precinct.&nbsp;

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Yasmine Ghoniem, Director of YSG Studio, says their vision&nbsp;for The Frederick "reinvents coastal living."

“Nobby’s has such an iconic energy, it’s one of those rare pockets of the Gold Coast where the community, the beach, and the streets all feel connected,” Ghoniem says.

"Responding to the neighbouring coastline, soothing curves add a relaxing regional overlay, while unique detailing really sets it apart. It’s a place that feels lived in from the moment you step inside.”

A standout feature of The Frederick is its rooftop terrace, an uncommon inclusion for a boutique, low-rise building, where amenity is typically concentrated at ground level.

[smartcode_project:default project_id=110588 project_image_fid=5360]

Positioned to capture panoramic views from the hinterland to the ocean, the rooftop has been designed as a series of intimate zones. It includes a pool, sauna, sun decks, workspaces and dedicated entertaining areas.

“The rooftop was conceived as a collection of spaces where residents can unwind and connect, an extension of the Nobby’s lifestyle,” Barrett says.

Architecture for the project was led by Plus Studio, with landscape design by LDG Landscape Architecture.

SRQ Projects Director Nick Clydsdale, who is handling sales at The Frederick, says the majority of enquiry is coming from South East QLD and Victorian buyers who have been actively searching between Broadbeach and Mermaid Beach for some time.

"They’ve reviewed a number of projects, however this one has stood out for its unique detailing and compelling design,"&nbsp;Clydsdale says.

Site demolition is slated for this month, with construction commencing soon after. BIG Projects is targeting a late 2027 completion.

[smartcode_project_cta:default project_id=110588]

Sydney’s YSG Studio makes Gold Coast multi-residential debut with BIG Projects at The Frederick

Melbourne-based property developer ALTA Property has this week achieved planning approval for the adaptive re-use of a former commercial tower into a $200 million, 169-apartment project at 10 Queens Road, one of the last developable sites along the Albert Park Lake-fronting boulevard.&nbsp;

Set within one of Melbourne’s most sought-after precincts and designed by <a href="https://www.apartments.com.au/architects/fraser-partners-0">Fraser and Partners</a>, the illustrious building will offer unparalleled views across Albert Park Lake, Port Phillip Bay and Melbourne CBD.&nbsp;

The mix of 1, 2 and 3-bedroom residences will be complemented by a ground-floor amenity featuring private dining, a lounge bar, gym and wellness spaces, co-working, outdoor communal gardens, and retail.&nbsp;

The 17-storey building is a masterclass in adaptive re-use, with the existing commercial building’s façade, shell and internal structure to be retained, before high-end residences are built from the ground up in a newly built Albert Park facing addition to the building.&nbsp;

Sitting atop the building will be two 320+sqm penthouses with private rooftop terraces, which are expected to be priced between $9 - $11 million.&nbsp;

<img alt="ALTA Property achieves permit approval for $200 million Queens Road tower" data-entity-type="file" data-entity-uuid="aa11211b-5581-43f9-940c-fc84d30a0e61" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/C_04.png?VersionId=Yhf5p_1EgGDu_zOIMFgvA8Ug8j3sTFQs" />

Architecturally, the building will feature a curved, geometric façade that celebrates and elevates the existing structure, with warm, muted tones which were selected to extend the materiality of the existing building rather than contrast it.&nbsp;

Interiors will bring together three metre high ceilings with waffle concrete in some spaces, natural timber, granite and Australian materials, culminating in crafted, generous and considered spaces that are defined by authenticity.&nbsp;

The adaptive re-use means that the Queens Road project will be a sustainability led, high-quality finished product, with a 62% saving in carbon emissions by re-using the existing structure rather than knocking it down and rebuilding.&nbsp;

ALTA Property was launched by Nigel Givoni in 2023, bringing over 25 years of experience in multi level residential delivery.&nbsp;

Melbourne’s property market growth is currently led by apartments. According to RPM VIC Apartments &amp; Townhomes Market Report (April 2026), units are outpacing houses, especially in the middle ring suburbs where median prices hit $757,500 – a four-year high that represents 2.9 percent growth quarter-on-quarter.&nbsp;

<img alt="ALTA Property achieves permit approval for $200 million Queens Road tower" data-entity-type="file" data-entity-uuid="647e13d7-b4bc-433a-9bc9-fe3c3dd4f2ec" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/V_06.png?VersionId=ou4NUCWUgA3NAy.6CQJlEdKX50j3dOk6" />

For ALTA Property Founder Nigel Givoni, this performance speaks to the confidence he has in the Melbourne market.&nbsp;

“Queens Road represents a rare opportunity to continue to shape our presence in the Melbourne market.,"&nbsp;Givoni says.

"With a considered project team and a premier site along one of the city’s most sought-after boulevards, we look forward to contributing to the fabric of this established address.

“Other Australian markets are getting a lot of attention, but I believe the depth of value in Melbourne is being overlooked. The fundamentals are strong, population growth is steady and, based on our preliminary conversations with a leading builder, construction costs are beginning to normalise, creating further opportunity."

Givoni says the project is a&nbsp;highly considered example of adaptive re-use, delivering quality, high-end residences, premium hotel-inspired amenities and an architecturally striking façade, all achieved without the need to remove the existing structure.

"We are really looking forward to the market’s response,” he said.&nbsp;

ALTA Property to deliver $200 million Queens Road apartment tower

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?

Developer <a href="/developers/time-place">Time &amp; Place</a> and its joint venture partners MaxCap Group and <a href="/builders/hickory">Hickory</a>, have announced a significant construction milestone for <a href="/new-apartments/the-queensbridge-building-southbank-90-queensbridge-street-southbank-vic-3006">The Queensbridge Building</a>, with the project officially topping out and reaching its full height at 65-levels and 209 metres tall.&nbsp;

Celebrating the building’s structure reaching completion and acknowledging the hard work from construction workers and trades to achieve this in a safe and timely manner, particularly given the current construction climate, The Queensbridge Building’s topping out marks a major step towards welcoming its new residents home to the 353 apartments in Q4 2025.&nbsp;

[smartcode_project:default project_id=1504 project_image_fid=272082]

It is also a milestone that serves as an early indicator of the upcoming opening of the signature component of the unique development, the Hannah St. Hotel.&nbsp;

The 188-key boutique hotel has been the focus of the design and brand team at Time &amp; Place and is the newest design-led property to join the Collection by TFE Hotels portfolio.&nbsp;

Collection Hotels, including the recently opened The EVE Hotel Sydney, are committed to quality design, exceptional experience, and connection to their community. Each is independently owned, with management services provided by TFE Hotels.&nbsp;

As the only high-rise residential tower in Southbank set for completion in 2025, The Queensbridge Building achieving topping out reinforces confidence for existing purchasers and prospective buyers in a current market where off the plan project delays are not uncommon. &nbsp;

[smartcode_project:default project_id=1504 project_image_fid=272078]

Built by Hickory, renowned for its large-scale, high-quality developments across Australia, The Queensbridge Building’s future residents can be confident that their homes will be delivered to the highest standard, reflecting Hickory’s proven track record in luxury, high-density living.&nbsp;

Architects&nbsp;<a href="/architects/fraser-partners-0">Fraser &amp; Partners</a> worked alongside Time &amp; Place and the award-winning interior designer David Flack from <a href="/architects/flack-studio">Flack Studio</a>&nbsp;to design the timeless architecture that has become The Queensbridge Building.&nbsp;

[smartcode_project:default project_id=1504 project_image_fid=272079]

The development features a series of luxe residential amenities including private rooftop terraces, lush gardens, lap pool, wellness studios, co-working space, and The Clubhouse for residents which will be serviced by the Hannah St. Hotel.

The hotel lobby and food and beverage will be located adjacent to the residential lobby and create a unique hospitality element to the precinct that significantly enhances the building’s overall services on offer, providing a unique premium experience for residents.&nbsp;

&nbsp;

[smartcode_project:default project_id=1504 project_image_fid=272090]

With The Queensbridge Building now directing attention to interior fit-outs to reach its full completion, Time &amp; Place is excited to add yet another leading residential development to their growing $5 billion development portfolio.&nbsp;

Tim Price, Founder and Director of Time &amp; Place, said the topping-out milestone was a proud moment for the project and a testament to the team’s dedication.&nbsp;

“This is a momentous step towards delivering The Queensbridge Building, and the dedication from our partners, Hickory and MaxCap Group, ensures a project of exceptional quality," Price said.

"Reaching this point gives buyers confidence that their home will be delivered on time, meeting the high expectations we’ve communicated from the outset."

[smartcode_project:default project_id=1504 project_image_fid=272093]

Simon Hulett, Head of Direct Investment at MaxCap Group, highlighted the significance of the construction milestone.&nbsp;

“Reaching this milestone for a tower of this height, scale, and complexity reflects the superior execution capabilities of our partners, Hickory and Time &amp; Place," Hulett says.

"It also highlights the quality of product and outcome we are committed to delivering for our investors. We believe The Queensbridge Building will set a new benchmark for quality in Melbourne and is ideally positioned to capitalise on the improving market sentiment in 2025.”&nbsp;

[smartcode_project_cta:default project_id=1504]

Tim Price, Founder and Director of Time & Place, said the topping-out milestone was a proud moment for the project and a testament to the team’s dedication

The Queensbridge Building, Southbank apartment tower, tops out

Multi-generational living is becoming increasingly common in modern apartment developments.

As baby boomers begin planning for retirement, many are looking to downsize—unlocking equity from their large family homes now that their children have left, or are preparing to leave, the nest.

They're seeking homes that are more low-maintenance and less demanding, but still spacious and practical.

Some downsizers wait until their children move out; others plan ahead for that eventual reality. The latter group often seeks large apartments with multiple living zones—allowing adult children, who might still be studying or starting full-time work, to retain some independence while staying within the family home.

With this in mind, Salter Brothers teamed up with architect John Demos to design their new Ivanhoe apartment development, <a href="/new-apartments/candela-ivanhoe-40-upper-heidelberg-road-ivanhoe-vic-3079">Candela</a>, to meet the needs of downsizing families. The result: a limited collection of large, dual-level residences featuring multiple living zones.

[smartcode_project:default project_id=342 project_image_fid=336456]

These multi-zoned apartments are not only attracting downsizers with older children but also younger families looking for a more affordable, brand-new alternative to established housing—often out of reach in inner-city suburbs like Ivanhoe.

There is also a smaller, yet significant, market of buyers planning to accommodate ageing parents in the future. To cater for this, the two-level known as the loft style apartments in the Lustre collection feature a master bedroom on the ground floor—complete with an ensuite and walk-in wardrobe—situated next to the main kitchen, living, and dining area. This thoughtful layout eliminates the need to navigate stairs, providing added comfort and accessibility. &nbsp; Additionally, the Lustre collection includes single storey apartment options for young families.

[smartcode_project:default project_id=342 project_image_fid=212227]

Several apartments also include integrated study nooks, catering to children of all ages—whether for homework, remote learning, or working from home.

Candela offers four distinct apartment collections: Aurora, Brillante, Halo, and Lustre, with a mix of one- to four-bedroom floorplans.

From the Brillante collection upwards, each configuration is suited to family living. The curved walls in the master bedrooms of Brillante apartments, for example, lend themselves to being used as nursery corners or quiet study areas.

[smartcode_project:default project_id=342 project_image_fid=212225]

The one-bedroom Aurora apartments offer yet another form of multi-generational living: adjacent, yet independent, residences. A grandparent or young adult can live nearby while maintaining their own private space. With only four of these unique layouts available in the entire development, they present a rare opportunity to achieve proximity with privacy in a new build.

[smartcode_project:default project_id=342 project_image_fid=169534]

In addition to introducing new apartment living to a suburb traditionally dominated by detached houses, Salter Brothers is also delivering valuable amenities to Ivanhoe. The apartments will have access to commercial spaces—designed to foster community connection while serving both residents and the wider neighbourhood. Residents will also have exclusive access to private amenities, including a residential lounge and rooftop terrace.

Construction has commenced, with completion expected by the end of September 2026.

[smartcode_project_cta:default project_id=342]

The multi-zoned apartments are not only attracting downsizers with older children but also younger families looking for a more affordable, brand-new alternative to established housing

Candela apartments offering multi-generational living in the heart of Ivanhoe

While Melbourne’s northern suburbs have seen measured, sustained growth in recent years, few pockets combine transport connectivity, green space, and everyday amenity quite as well as <a href="/developments/greensborough-vic-3088">Greensborough</a>.&nbsp;

Around 17 kilometres from the CBD, the suburb has long-held appeal for families and long-term residents drawn to its strong community infrastructure and established landscape.&nbsp;

Developer <a href="/developers/citinova">Citinova</a> recently delivered Albero apartments, aiming to combine three key lifestyle elements: modern apartment living, proximity to transport, and access to green open spaces.

[smartcode_project:default project_id=4722 project_image_fid=240437]

<a href="/buildings/albero-greensborough-4-poulter-avenue-greensborough">Albero</a> is positioned within walking distance of the Plenty River Trail and Poulter Reserve, placing natural amenity at the edge of daily life.&nbsp;

Kalparrin Gardens and Greensborough Park are also close by, offering access to expansive outdoor areas for both active recreation and quieter moments of reflection.

What distinguishes this location, however, is the balance it achieves between open space and service access. Greensborough Plaza, home to over 170 retailers, including major names like Woolworths, JB Hi-Fi, and Chemist Warehouse, is less than 500 metres away.&nbsp;

Adjacent Main Street offers a localised retail and dining experience, with cafés, restaurants, and community institutions woven into the suburb’s walkable core.

[smartcode_project:default project_id=4722 project_image_fid=240458]

Public transport remains a core strength of the location. The redeveloped Greensborough Station, completed in 2022, is within short walking distance, linking residents to the broader Metro network and reducing dependency on car travel.&nbsp;

For those commuting by road, direct access to Greensborough Road and the Metropolitan Ring Road ensures broader connectivity across Melbourne’s north and east.

From an infrastructure and growth perspective, the area continues to benefit from public and private sector investment. Greensborough falls within a designated high-priority growth precinct, with projected population growth over the next two to five years supporting demand for additional housing stock, particularly for low-maintenance, well-situated dwellings.

[smartcode_project:default project_id=4722 project_image_fid=240452]

The suburb is well-serviced by educational institutions across all levels, including Greensborough College, Montmorency Secondary College, Greensborough Primary, and a number of preschools. This proximity makes the area particularly appealing to downsizers or multi-generational households looking to remain within a familiar community network.

Healthcare access is similarly convenient, with multiple general practices, specialist clinics, and physiotherapy providers within the immediate vicinity. Larger medical services, including Austin Hospital in Heidelberg, are a short drive away.

Albero’s one-, two-, and three-bedroom apartments are ready for residents to move in.

[smartcode_project_cta:default project_id=4722]

Albero in Greensborough brings walkability and green access to the fore

Apartment living and Melbourne's Abbotsford come hand-in-hand, with well over half of those who live in Abbotsford calling an apartment home.&nbsp;

Despite the appetite for apartment living, there have been very few new apartment developments hit the suburb in the last decade.

Recognising this gap, <a href="/developers/sq-property">SQ Property</a> has launched Lulie, the first major apartment project in Abbotsford since the release of New Johnston in April 2024. Prior to that, it had been over four years since any new residential development entered the local market.

Located just 30 metres from Victoria Park Station, at the corner of Lulie and Johnston Streets, will comprise 60 one-, two-, and three-bedroom apartments.

[smartcode_project:default project_id=149640 project_image_fid=145]

The residences will be spread across two distinctive buildings, designed by Metaxas Architecture. The Johnston Street-facing building will rise five levels behind a classic red brick façade, echoing Abbotsford’s industrial heritage. Behind it, a taller seven-level building with a striking copper-clad and glass façade adds a modern contrast to the streetscape.

Inside, homes have been crafted with an emphasis on natural light, generous proportions, and timeless finishes. Floor-to-ceiling windows maximise northerly views over parkland, while interiors—curated by Air Design Studio—showcase warm materials, natural stone surfaces, and a soft tonal palette that connects with the outdoor environment.

[smartcode_project:default project_id=149640 project_image_fid=146]

Resident amenities have also been carefully considered. A co-working communal area caters to the continued rise of hybrid work lifestyles—an increasingly sought-after inclusion in new developments.

Sustainability and long-term environmental performance are core to Lulie’s design. The development includes secure car parking with provisions for electric vehicle charging, ensuring future-ready infrastructure from the outset.

[smartcode_project:default project_id=149640 project_image_fid=150]

Situated within the Lower Johnston Street District, Lulie is surrounded by Abbotsford’s vibrant blend of industrial character and creative culture. The project is also just moments from the Yarra Trail, the Abbotsford Convent arts precinct, and the soon-to-be-upgraded Victoria Park Station, offering outstanding lifestyle and connectivity.

Realco agent Chris Koullapas is marketing Lulie.

Construction is already underway, with completion slated for 2026. Apartments at Lulie are priced from a competitive $600,000.

[smartcode_project_cta:default project_id=149640]

Lulie brings new apartments to the edge of Victoria Park in Abbotsford

Over half of the apartments in SP Setia's Atlas skyscraper have been snapped up before the project launch.

The new tower, at the northern end of La Trobe Street, has been designed by Cox Architecture and Fender Katsalidis and is Setia's&nbsp;fourth project in the CBD, following the success of Sapphire by the Gardens, UNO Melbourne, and Fulton Lane.

The heritage-listed wall of the former Royal Mint forms the backdrop to the contemporary porte-cochere, forming a striking contrast to the 72-level tower.&nbsp;

Atlas will feature&nbsp;852 apartments, from studios through to three-bedroom residences, starting at $410,000.

<img alt="Atlas Melbourne" data-entity-type="file" data-entity-uuid="f4c50513-ae45-4149-8ca6-0e94dec0e373" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/240925_Level%2072_Library.jpg?VersionId=LCAlVvC3OQ0j6fzz4NzrS998OXBSfCqW" />

Tim Storey, Managing Director, Victoria | Residential at Colliers, said Atlas is a very rare proposition.

“Atlas is the last building in this pocket of the city to be granted a permit for this volume of units, as the permit was obtained back in 2017. Since then, new height restrictions have come into effect, and no other super-skyscrapers of this size will be built in the CBD.”&nbsp;

He says the reason they have been able to sell more than half of the apartments in a short amount of time is that the development ticks all the boxes.

"Not only is the location right, the amenities are right, the design is right, but most importantly, the product is right.&nbsp;The development also caters to a wide range of buyer profiles. We haven’t seen many studio &nbsp;apartments in recent new developments, but as a way to address affordability and the growing &nbsp;demand for city living, the development will house 189 studio apartments, which are already sold out, and we now have a waiting list.”&nbsp;

The tower is divided into three bespoke residential offerings: Garden Residences on levels 1-7, &nbsp;Horizon Residences across levels 9-49, and Sky Crown Residences on levels 50-70.

<img alt="Atlas Melbourne" data-entity-type="file" data-entity-uuid="0e937e56-e4b7-400f-b950-886752d79883" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/240917_Pool%20view%20level%208_0.jpg?VersionId=uMoDCs2t1JvMXwVtxiYZB.8V8.0gEZEc" />

Philip Rowe, Director at Cox Architecture, said throughout the building, there are strong connections to nature and greenery.

“It’s a vertical village that includes the Sky Club on levels 71 and 72, and the Horizon Collective on levels 42, which features a music room, cinema, &nbsp;game area, karaoke lounge, terrace, and more. Level 8 is dedicated to a Wellness Club, offering a gymnasium, spa, sauna, pool, and open green space."

&nbsp;

Construction is set to commence in Q3 2025, with completion expected to take place in mid-2029.

[smartcode_project_cta:default project_id=148772]

Construction of Atlas is set to commence in Q3 2025, with completion expected to take place in mid-2029.

Half of apartments snapped up in Setia's Atlas Melbourne skyscraper

National developer Frasers Property Australia understands the importance of creating places that go beyond housing.

After more than a century of delivering spaces for Australians to live, Frasers Property has mastered the art of building community. Not only are they a key contributor to Australia’s housing supply, but their community-first approach sets them apart. They invest just as much thought into how people will live within the communities they develop as they do in designing the homes themselves.

When they secured a 26-hectare former industrial site in Yarraville, their approach was no different. The vision: a new neighbourhood called Bradmill Yarraville, which will eventually comprise around 1,500 new homes, pending future approvals.

The first stage of Bradmill Yarraville—44 all-electric townhouses designed by renowned architecture firm Rothelowman—is fast approaching completion, with buyers expected to move in before Christmas 2025.

[smartcode_project:default project_id=134727 project_image_fid=311186]

A key pillar of Frasers Property's strategy is a strong focus on lifestyle and amenity. Rather than treating facilities as an afterthought or cost-cutting casualty, they were central to the design process from the outset. With a future population of over 3,000 residents, they knew the amenity offering needed to be both generous and meaningful.

[smartcode_project:default project_id=134727 project_image_fid=311286]

At the heart of the masterplan is Bradmill Quarter, the central hub of the neighbourhood that will seamlessly blend retail, wellness, and community spaces in a walkable, well-connected setting. The Bradmill Quarter Retail Precinct will feature a major supermarket, a childcare centre, a medical centre, and a curated mix of 15 specialty stores.

Complementing the retail is an alfresco dining zone that flows into The Arbory—a landscaped urban plaza designed for play, relaxation, and social connection. This central gathering space is a key expression of the development’s mission to foster authentic community interaction.

[smartcode_project:default project_id=134727 project_image_fid=311275]

Also anchoring the precinct is Bradmill Social, a flagship lifestyle and wellness destination housed within the site’s historic industrial buildings. Bradmill Social consists of two distinct components: The Proofing Building and the adjacent Boiler House.

The Proofing Building is being transformed into a full-scale wellness centre, complete with a fully equipped gym, pool, sauna, spa, yoga and Pilates studios, barbecue areas, and a basketball half-court.

[smartcode_project:default project_id=134727 project_image_fid=311280]

Next door, The Boiler House—a local landmark visible from the West Gate Freeway—is being reimagined as a dynamic lifestyle venue. It will feature a cinema, media rooms, co-working spaces, children’s play areas, private dining and lounge rooms, bookable family event spaces, a community garden, and even dog-washing stations—truly making it a one-stop hub for all aspects of community life.

[smartcode_project:default project_id=134727 project_image_fid=311292]

Crowning The Boiler House will be the Lantern Lounge, a rooftop entertainment space for both dining and cocktail events with extensive views of the city skyline and over Port Phillip Bay.

[smartcode_project:default project_id=134727 project_image_fid=311270]

In addition to housing and amenity, Frasers Property understands the vital role of nature and landscaping—not only for future residents but also as part of the company’s broader sustainability objectives.

A green corridor of open space will thread through the precinct, connecting to McIvor Reserve and forming part of a larger 26-hectare parkland network. This abundance of green space will enhance the overall quality of life, offering residents places to unwind, exercise, and engage with nature.

[smartcode_project:default project_id=134727 project_image_fid=311283]

The amenity offerings across the precinct will be delivered in stages over the next six years, with the Bradmill Quarter Retail Precinct currently scheduled to open in 2029.

[smartcode_project_cta:default project_id=134727]

The amenity offerings across the precinct will be delivered in stages over the next six years, with the Bradmill Quarter Retail Precinct currently scheduled to open in 2029

Bradmill Quarter: Bringing community and amenity to life in Yarraville

Design-led property developer <a href="/developers/orchard-piper">Orchard Piper</a>, together with joint venture partner NPACT, has broken the record for the most expensive apartment sale in Toorak at their freshly launched new apartment development, <a href="/new-apartments/one-toorak-place-7-19-carters-avenue-toorak-vic-3142">One Toorak Place</a>.

Australian retail executive Daniel Agostinelli and his wife Lynette have spent more than $20 million on the penthouse in the heart of Toorak Village. The sale comes after the successful sale of the sub-penthouses at another Orchard Piper project - Toorak Village&nbsp; - which is currently under construction with Cobuild, for records of more than $11.5 million in May 2024, each exceeding $38,000 per sqm.

Located on Carters Avenue,&nbsp;<a href="/new-apartments/one-toorak-place-7-19-carters-avenue-toorak-vic-3142">One Toorak Place</a> is set to revitalise Toorak Village with a mixed-use offering comprising 47 apartments, commercial suites, and a curated retail and hospitality precinct — all centred around a new private laneway.

As Toorak’s first hotel-style serviced building, the project introduces a new model of lifestyle-focused living, akin to internationally recognised branded residences.

Residents will enjoy a suite of hotel-style services and amenities, including concierge, private car transfers and on-site security, alongside an extensive wellness offering featuring a 25-metre pool, gymnasium, sauna, steam room, cold plunge, spa and treatment room. In addition, residents will have access to a dedicated lounge, meeting rooms, a golf simulator, and practical facilities such as dog-washing and a car-wash bay.

<img alt="One Toorak Place" data-entity-type="file" data-entity-uuid="8f4e7ffa-904e-4ade-83c3-4eec439b9f8d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-05-22%20at%208.59.40%E2%80%AFAM.png?VersionId=AnEjlmxR6qJqyMIcJcBxUMgck65JrPfW" />

Agostinelli, Group CEO of Accent Group Limited, has followed the developer’s work for over a decade, with the penthouse marking his first purchase.

The house-proportioned apartment comes with five bedrooms, an eight-car private garage, direct lift access to a private lobby, a 1000-bottle cellar, and private wellness facilities, including a pool and spa set across 560 sqm of outdoor terraces and gardens, framed by expansive views of the Melbourne city skyline.

Orchard Piper Director Luke McKie says opportunities of this calibre are incredibly rare, not just in Toorak, but anywhere in Australia.

“The penthouses at <a href="/new-apartments/one-toorak-place-7-19-carters-avenue-toorak-vic-3142">One Toorak Place</a> are designed to offer all the qualities of a fine luxury home, with the added security, privacy and views that only penthouse living can provide," Mckie said.

Orchard Piper Director Rick Gronow added, “To close such a significant sale ahead of launch speaks volumes about the strength of the precinct and the market’s appetite for thoughtfully designed, premium residences in Toorak Village.”

Agostinelli said the decision to purchase was driven by Orchard Piper’s consistent commitment to quality over the past decade.

“I’ve known Rick Gronow and Orchard Piper for a long time," Agostinelli said.

"My wife Lynette and I trust their quality, which made us comfortable buying off the plan. Their work speaks for itself, and this project takes it to a new level. <a href="/new-apartments/one-toorak-place-7-19-carters-avenue-toorak-vic-3142">One Toorak Place</a> stood out to us as a unique chance to live privately while still enjoying the kind of services and experiences you’d normally only find in a five-star hotel. It’s something we haven’t seen in Toorak or Melbourne at this level before and we are very excited about the project."

<img alt="One Toorak Place" data-entity-type="file" data-entity-uuid="adfb073f-1ce9-4e1a-aa30-e52694ce465e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-05-22%20at%209.49.52%E2%80%AFAM.png?VersionId=T3Q7Yed.nUqXFwAIeydpojqBqJ5v2y2L" />

To complement the residential offering, Orchard Piper has partnered with acclaimed restaurateur Chris Lucas to deliver a new hospitality benchmark in luxury living – a ground-floor dining precinct paired with exclusive in-residence experience. From all-day dining to private catering, cellar services, and events, residents enjoy seamless access to Melbourne’s most iconic hospitality, all curated by the team behind restaurants like Society and Grill Americano.

“This is about more than great food,” said Chris Lucas. “It’s about bringing the spirit of our restaurants into the home — creating a seamless lifestyle that celebrates design, connection and the joy of exceptional hospitality.”

<img alt="One Toorak Place" data-entity-type="file" data-entity-uuid="a71523e7-1124-4631-b907-69a568ccb40e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-05-22%20at%209.49.59%E2%80%AFAM.png?VersionId=0.PObZnKCpJDL9ZMYi7WAxQeAVrdaS0_" />

Occupying the 3,589 sqm former Mercedes-Benz Toorak site, <a href="/new-apartments/one-toorak-place-7-19-carters-avenue-toorak-vic-3142">One Toorak Place</a> is the suburb’s largest planning approval to date in both height and site size. A joint venture between Orchard Piper and NPACT (a partnership between James Packer’s family office and Todd Nisbet) the project is designed by internationally acclaimed firm KHA (Kerry Hill Architects).

Alongside Orchard Piper’s first Toorak Village project, it contributes to over 5,000 sqm of prime land under development in the precinct, with a combined end value expected to exceed $550 million.

<a href="/new-apartments/one-toorak-place-7-19-carters-avenue-toorak-vic-3142">One Toorak Place</a> will officially launch to market in mid-2025, with construction expected to commence toward the end of the year.

One Toorak Place will officially launch to market in mid-2025, with construction expected to commence toward the end of the year

Orchard Piper secures $20m record-breaking penthouse sale at One Toorak Place

It's all about location at Samuel's newest residential development, <a href="/new-townhouses/hali-dromana-105-111-point-nepean-road-dromana-vic-3936">Hali Dromana</a>.

Hali Dromana, 70 low-maintenance townhouses designed by renowned Melbourne architect Cera Stribley, are set to rise directly across the road from one of the best beaches on the Mornington Peninsula.

We recently visited Dromana and the display suite for Hali, down the street from the near two-hectare Point Nepean Road site that Samuel secured several years ago because of its&nbsp;unrepeatable nature.

Darren Blair, Director of Blair Property Group, walked us through what makes Hali one of the most exciting new offerings on Victoria’s coastline.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/OdyA4-G_bQg?si=hPnLsz9qNcTXdVLR" title="YouTube video player" width="560"></iframe>

“Hali enjoys a rare uninterrupted outlook to the beach that can never be built out—just steps from the shoreline, which stretches for three kilometres before merging seamlessly with Safety Beach,” Blair says.

The project offers quick access to the nearby village centre, where residents will find cafes, boutique retailers, and casual dining—all within walking distance.

[smartcode_project:default project_id=147112 project_image_fid=330350]

Designed by Cera Stribley, Hali draws inspiration from the classic 1960s Australian beach house while delivering all the comforts and style expected of a contemporary home.

“Their approach was to take the charm of a classic 1960s Aussie beach house and reimagine it for modern living,” Blair says. “It’s a clean, contemporary design that still feels warm, familiar, and perfectly suited to beachside living.”

Hali offers a range of two, three, and four-bedroom townhouses, each designed to maximise natural light and embrace its coastal surroundings. Interiors feature a neutral beach-inspired palette, with large windows and open-plan living that flows effortlessly to outdoor spaces.

[smartcode_project:default project_id=147112 project_image_fid=330356]

Around a quarter of the large site has been reserved for open green space, with the homes being well set back from the street, creating a mini-community only footsteps from the sand.

Each home has been designed with sustainability front of mind. All residences will boast a 7-star energy rating, are gas-free, and EV charge-ready, ensuring comfort and efficiency for years to come.

“It’s the kind of place that just feels right by the coast,” Blair says. “A relaxed, low-maintenance home designed for easy, everyday living.”

[smartcode_project_cta:default project_id=147112]

"One of the rarest finds on the Mornington Peninsula": Inside Hali Dromana

Sustainability principles in new apartment developments across Australia have accelerated significantly over the past five years.

What was once a voluntary initiative has now become a mandated requirement, driven by growing climate concerns and reinforced by government policy. These mandates align with Australia’s commitment to achieving net zero greenhouse gas emissions by 2050—an ambition legislated through the Climate Change Act 2022. The Act also outlines an interim goal of reducing emissions by 43 per cent below 2005 levels by 2030 and requires annual progress reporting to Parliament.

To support this transition, the government is rolling out a comprehensive Net Zero Plan. This includes sector-specific strategies for energy, transport, industry, agriculture, and the built environment. The plan leans heavily on technology-led solutions such as renewable energy expansion, electrification, and carbon capture.

But it’s not just government leading the charge. Apartment buyers are increasingly conscious of their environmental footprint. In addition to supporting a sustainable future, many are also drawn to the reduced running costs that come with energy-efficient design and features.

Sustainability and healthier living are at the heart of <a href="/new-apartments/blvd-at-melbourne-square-19-hoff-boulevard-southbank">BLVD</a>, the latest residential tower in OSK Property’s multi-billion-dollar Southbank precinct, Melbourne Square.

[smartcode_project:default project_id=107714 project_image_fid=211872]

Currently under construction by Multiplex, the 74-level tower is pursuing WELL Certification—a globally recognised standard that prioritises the health and well-being of residents. BLVD is one of the first residential projects in Australia to be registered for this certification.

Jack Noonan, Vice President of the Asia Pacific International WELL Building Institute, stressed the significance of this approach.

"<a href="/developers/osk-property">OSK Property</a> has applied this world-leading framework from the ground up with a holistic suite of integrated solutions, including optimised access to natural light, great thermal comfort and indoor air quality, through to social, fitness, and mental wellbeing amenities. Together, they create an ecosystem to help you live well every day."

[smartcode_project:default project_id=107714 project_image_fid=211867]

BLVD’s sustainability credentials include gas-free operation, carbon-neutral capabilities, and electric vehicle charging stations—features that reflect a future-focused approach to urban living.

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"We know that great spaces prioritise and improve health by helping fuel our bodies, keeping us connected, inspiring our best work and facilitating a good night’s sleep," Noonan added.

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The tower’s design also promotes exceptional indoor environmental quality, with a focus on maximising natural light, superior air quality, and enhanced thermal comfort.

[smartcode_project:default project_id=107714 project_image_fid=211869]

BLVD’s interiors have been crafted by CARR in collaboration with Cox Architecture, combining minimalist design with nature-inspired materials and textures.

Chris McCue, Managing Director of Cox, described BLVD as “a living and breathing building.”

"We drew deeply on the natural landscapes of the surrounding precinct, which are woven through the building’s generous amenities via the material palette and quality finishes," McCue said.

"From the gently lit, articulated lobby to the expansive double-height views on Level 55, every interior connects to bay and garden vistas, offering a profound sense of space and freedom."

[smartcode_project:default project_id=107714 project_image_fid=211864]

In addition to its environmental credentials, BLVD prioritises resident well-being—both mental and physical.

The podium level will include a state-of-the-art gym, spa, sauna, and a 25-metre indoor pool. Residents can also enjoy a tranquil zen garden, barbecue facilities, al fresco dining areas, and shaded seating zones inspired by Melbourne’s natural landscape.

Elevated amenities continue in the Level 55 Skye Club, which offers private dining rooms, a cocktail lounge, and breathtaking views across the city. BLVD also includes co-working spaces, private meeting pods, and breakout areas that cater to the growing demand for flexible, hybrid lifestyles.

[smartcode_project:default project_id=107714 project_image_fid=214126]

BLVD marks the third tower in the Melbourne Square precinct—an already thriving urban community. Approximately 70 per cent of its 600 one-, two-, and three-bedroom apartments have already sold.

Construction is well underway, with completion expected in early 2028.

[smartcode_project_cta:default project_id=107714]

Chris McCue, Managing Director of Cox, described BLVD as “a living and breathing building.”

BLVD pursues WELL Certification as demand for healthy homes grows

As cities continue to grow, the demand for sustainable development becomes more urgent. In Victoria, Australia, the Built Environment Sustainability Scorecard (BESS) has emerged as a vital tool for embedding sustainability into the early stages of building design.

Since its inception in 2015, BESS has played a critical role in supporting local governments, developers, and communities to create more sustainable and livable environments.

BESS (Built Environment Sustainability Scorecard) is a purpose-built, online assessment tool designed to evaluate sustainable design practices at the planning permit stage of development. It was developed and is maintained by local governments in Victoria, making it the only dedicated tool of its kind in the state.

BESS is owned by the Municipal Association of Victoria (MAV) and operated by the Council Alliance for a Sustainable Built Environment (CASBE) as part of the Sustainable Design Assessment in the Planning Process (SDAPP) framework.

<h2>Who uses BESS?</h2>

BESS is used across more than 35 councils in Victoria, helping them achieve consistent, sustainable outcomes through their planning processes. It is a free tool for planning permit applicants within subscriber councils, and it's also accessible to any member of the public interested in evaluating or improving the sustainability of their home.

While small-scale users (e.g., for single homes or renovations) can often use the tool without prior experience, more complex developments, such as multi-unit, mixed-use, or non-residential buildings, benefit from engaging Environmentally Sustainable Design (ESD) professionals who are trained in BESS.

<h2>How BESS works: Categories and criteria</h2>

BESS evaluates developments across nine key sustainability categories:

<ul>
	<li>Water – Efficient usage, stormwater reuse, and reduced potable water demand.</li>
	<li>Energy – Energy efficiency in building fabric, systems, and appliances.</li>
	<li>Indoor Environment Quality (IEQ) – Daylighting, natural ventilation, and thermal comfort.</li>
	<li>Transport – Promoting sustainable transportation options.</li>
	<li>Waste &amp; Resource Recovery – Construction waste minimisation and recycling facilities.</li>
	<li>Urban Ecology – Landscaping, biodiversity, and food production areas.</li>
	<li>Building Management – Operational performance and ongoing sustainability.</li>
	<li>Innovation – Recognising forward-thinking and exceptional sustainability practices.</li>
	<li>Management – Encouraging long-term governance and building user education.</li>
</ul>

Assessments are generated into standardised reports that streamline review by council planners and help track sustainability trends over time.

<h2>Integration with the Victorian planning system</h2>

BESS directly supports sustainability objectives embedded in the Planning and Environment Act 1987, which governs land use across Victoria. This legislation emphasises sustainable development, conservation of natural resources, and balancing present and future community needs.

In practical terms, BESS is embedded into the planning system through local council planning schemes and policies, often under Clause 15.01-2L, which relates to Environmentally Sustainable Development (ESD). These policies ensure that sustainability is a core consideration from the early design phase, where the most impact can be made.

BESS aligns with the Victoria Planning Provisions (VPPs) and has strong legal backing, including support from decisions made by the Victorian Civil &amp; Administrative Tribunal (VCAT).

<h2>Benefits of using BESS</h2>

<ul>
	<li>Consistency: Provides a common language and framework for sustainable design.</li>
	<li>Flexibility: Suitable for all building types and development scales.</li>
	<li>Equity: Location-neutral—does not favor urban over rural developments.</li>
	<li>Transparency: Offers councils and applicants a clear, trackable process.</li>
	<li>Community Empowerment: Allows residents to independently assess their homes' sustainability.</li>
	<li>Support &amp; Resources: Offers online guidance, technical support, and access to BESS-trained professionals.</li>
</ul>

By bridging the gap between planning regulations and practical design choices, BESS empowers councils, professionals, and communities to collaboratively create developments that are efficient, comfortable, and future-proof.

Whether it's a homeowner looking to go green or a developer navigating council requirements, BESS offers a reliable path to building a better future.

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