<a href="https://www.apartments.com.au/developers/mayd-group">MAYD Group</a> has set a new residential price record in Queensland with the $30 million sale of the penthouse at its <a href="https://www.apartments.com.au/new-apartments/one-burleigh-88-the-esplanade-burleigh-heads-qld-4220">ONE Burleigh</a> development in Burleigh Heads.

The sale equates to around $37,500 per sqm.

The two-level, 800 sqm penthouse, featuring five bedrooms, five bathrooms, five car spaces, and a private infinity pool overlooking the Pacific Ocean, was acquired by a Gold Coast-based entrepreneur, highlighting continued demand for ultra-premium beachfront product.

Selling agent Freddie Tehle of PRD Burleigh Heads said the result reflects tightening supply of high-quality, large-format apartments in Burleigh.

“There’s very limited opportunity to secure this level of scale and absolute beachfront position in <a href="https://www.apartments.com.au/developments/burleigh-heads-qld-4220">Burleigh Heads</a>,” Tehle said.

“Buyers are increasingly seeking apartments that genuinely replace a standalone home, and this penthouse delivers that with its size, privacy, and direct ocean frontage.”

[smartcode_project:default project_id=146358 project_image_fid=323057]

The sale comes as construction progresses on ONE Burleigh, a boutique development of 17 full-floor residences at 88 The Esplanade, scheduled for completion in early 2027.

Developed by MAYD Group and designed by <a href="https://www.apartments.com.au/architects/mas-architecture-studio">MAS Architecture</a> with interiors by <a href="https://www.apartments.com.au/interior-designers/sici-design">Sici Design</a>, the project has been positioned as a collection of house-sized beachfront apartments, each occupying an entire floor with around 381 sqm of internal and external living space.

When construction commenced, MAYD director Todd Mould pointed to the long-term resilience of premium coastal real estate as a key driver behind the project.

“Real estate, particularly at the premium end, remains one of the most resilient and proven long-term investment avenues,” Mould said.

“Our ambition is that anyone who buys a MAYD-built product can genuinely feel the care, craftsmanship and commitment we bring to every detail.”

[smartcode_project:default project_id=146358 project_image_fid=323055]

Each residence has been configured with four bedrooms, multiple living zones, a private office, and expansive ocean-facing terraces. Interiors draw on a restrained material palette, including travertine stone, timber joinery, and integrated premium appliances.

Interior designer Sici Design said the approach was to reflect the project’s coastal setting through both materiality and spatial planning.

“ONE Burleigh is our vision of luxury living, designed to bring the essence of Burleigh Heads' vibrant coastal beauty into an unparalleled residential experience.”

Residents will have access to a suite of wellness-focused amenities, including pools, sauna facilities, and dedicated relaxation spaces, reflecting a broader shift toward lifestyle-driven apartment design on the Gold Coast.

[smartcode_project:default project_id=146358 project_image_fid=323052]

The project occupies a southern Esplanade site with uninterrupted beachfront frontage, an increasingly rare offering in Burleigh Heads, free from the Norfolk Pines that line much of the coastline and often limit direct ocean outlook.

Mould said the design intent was to balance that outlook with a sense of retreat.

“Living at ONE Burleigh is about how your day naturally unfolds, morning light across the ocean, coffee on the balcony, and being in Burleigh but elevated above the noise.”

The result further reinforces Burleigh Heads’ emergence as one of the Gold Coast’s most tightly held and supply-constrained beachfront markets, where boutique, owner-occupier-focused developments are increasingly setting new price benchmarks.

[smartcode_project_cta:default project_id=146358]

Joel Robinson

MAYD Group sets Queensland record with $30 million penthouse sale at ONE Burleigh in Burleigh Heads

Apartment developers in the Gold Coast are finding new, creative ways to differentiate themselves from competing projects, as new supply starts to flow through up and down the Coast.

Developer Big Projects brought in the renowned Sydney-based design studio YSG to craft the interiors for The Frederick, Big Projects' new Mermaid Beach project and YSG's first move into the multi-residential development space.

[smartcode_project:default project_id=110588 project_image_fid=5346]

It was a strategic move for Big Projects to bring in a Sydney eye to the development.

“Our role is to give our design partners the space and freedom to explore,” says Matt Barrett, Director of Big Projects.

“We wanted YSG Studio to capture the essence of Nobby’s, to design a building that embraces life, light and connection, while creating a genuine sense of place.”

There are only 39 apartments in The Frederick, including a striking beach house, just 100 metres from the booming Nobby Beach precinct.&nbsp;

[smartcode_project:default project_id=110588 project_image_fid=5347]

Yasmine Ghoniem, Director of YSG Studio, says their vision&nbsp;for The Frederick "reinvents coastal living."

“Nobby’s has such an iconic energy, it’s one of those rare pockets of the Gold Coast where the community, the beach, and the streets all feel connected,” Ghoniem says.

"Responding to the neighbouring coastline, soothing curves add a relaxing regional overlay, while unique detailing really sets it apart. It’s a place that feels lived in from the moment you step inside.”

A standout feature of The Frederick is its rooftop terrace, an uncommon inclusion for a boutique, low-rise building, where amenity is typically concentrated at ground level.

[smartcode_project:default project_id=110588 project_image_fid=5360]

Positioned to capture panoramic views from the hinterland to the ocean, the rooftop has been designed as a series of intimate zones. It includes a pool, sauna, sun decks, workspaces and dedicated entertaining areas.

“The rooftop was conceived as a collection of spaces where residents can unwind and connect, an extension of the Nobby’s lifestyle,” Barrett says.

Architecture for the project was led by Plus Architecture, with landscape design by LDG.

SRQ Projects Director Nick Clydsdale, who is handling sales at The Frederick, says the majority of enquiry is coming from South East QLD and Victorian buyers who have been actively searching between Broadbeach and Mermaid Beach for some time.

"They’ve reviewed a number of projects, however this one has stood out for its design flair/ appeal,"&nbsp;Clydsdale says.

Site demolition is slated for this month, with construction commencing soon after. Big Projects is targeting a late 2027 completion.

[smartcode_project_cta:default project_id=110588]

Big Projects taps Sydney’s YSG for first multi-residential project at The Frederick Mermaid Beach

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

ALTA Property to deliver $200 million Queens Road apartment tower

Construction is set to begin at <a href="https://www.apartments.com.au/new-townhouses/orchard-mews-glen-iris-18-scott-grove-glen-iris-vic-3146">Orchard Mews</a> in Glen Iris, with&nbsp;PC Whitehall &amp; Sons&nbsp;now appointed as the townhome development moves into its next phase.

The development by&nbsp;<a href="https://www.apartments.com.au/developers/montcoeur">MontCoeur</a>,&nbsp;located at 18 Scott Grove, is now around 30 per cent sold, with completion targeted for late-2027.

Orchard Mews comprises a curated collection of three- and four-bedroom customisable townhomes, positioned within one of <a href="https://www.apartments.com.au/developments/glen-iris-vic-3146">Glen Iris</a>’ more tightly held residential streets. The low-density project has been designed by <a href="https://www.apartments.com.au/architects/cera-stribley-architects">Cera Stribley</a>, with landscape architecture by <a href="https://www.apartments.com.au/landscape-architect/jack-merlo">Jack Merlo</a>, bringing together a team known for high-end residential projects across Melbourne.

[smartcode_project:default project_id=150128 project_image_fid=366285]

The development is defined by its focus on flexible living and long-term usability. Each residence includes multiple living zones and a customisable multipurpose room, allowing buyers to tailor spaces to suit changing needs, whether as a home office, additional bedroom, wellness area or entertainment space.

Architecturally, the townhomes emphasise natural light and spatial volume, with dual-aspect layouts and double-height living areas incorporated into the design. Interiors feature natural stone benchtops, premium appliances, and a neutral material palette intended to support everyday functionality rather than statement-driven finishes.

All residences are all-electric and include private lifts and secure double garages, reflecting a broader shift toward sustainability and future-focused housing in Melbourne’s established suburbs.

[smartcode_project:default project_id=150128 project_image_fid=366277]

Outdoor connections are also central to the offering, with a mix of private courtyards and terraces extending internal living spaces and integrating with the landscaped surrounds.

The Scott Grove address places Orchard Mews within close proximity to some of Melbourne’s key lifestyle and education amenities, including Scotch College, Sacré Cœur, Cabrini Hospital and the retail hub of Chadstone. Public transport access is also nearby, with trams and Gardiner Station providing connectivity to the CBD and surrounding suburbs.

[smartcode_project_cta:default project_id=150128]

Construction to commence at luxury Glen Iris townhome project, Orchard Mews

A rare new apartment development has been proposed on the fringe of St Ives Village.

Developer Newquest Property has lodged plans for a low-rise apartment project designed by well-regarded architecture firm Warren &amp; Mahoney, which is best known for its work in the multi-residential sector in Melbourne.

The building, proposed for a 1,916 sqm site on <a href="https://www.apartments.com.au/new-apartments/st-ives-residences-3-5-memorial-avenue-nsw-2075">Memorial Avenue</a> opposite St Ives Village Green, has been designed to blend into the surrounding natural environment.

<img alt="St Ives" data-entity-type="file" data-entity-uuid="5c1c7437-2fba-4345-a6d7-05321714ad3e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-04%20at%201.28.46%E2%80%AFPM.png?VersionId=KrYyMaJvNqR7vbx0xbB3Ef8sJ6FuHpmn" />

“Drawing inspiration from the pale trunks and flowering canopies of the scribbly gums and blue gums prevalent in the area, a considered material palette was developed,” the architectural design report states.

“This palette references the established materiality of the suburb while elevating it through refined finishes to achieve a more luxurious architectural expression.”

Of the 33 apartments proposed, 21 will be three-bedroom residences. The remaining mix includes nine two-bedroom apartments, one one-bedroom apartment and two four-bedroom residences. The development will be supported by 62 car parking spaces and 33 secure bicycle spaces.

The proposal would replace two single-storey brick buildings currently on the site.

<img alt="St Ives" data-entity-type="file" data-entity-uuid="21422eaf-09a9-4439-9278-b9bd9daf22a1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-04%20at%201.38.10%E2%80%AFPM.png?VersionId=v.fXSgcUcEscvOZzqcjG5nk3gVqk_Amt" />

St Ives remains a relatively untapped market for new apartment development. North Shore developer WINIM has a number of projects in the area, while INCA is nearing completion of Ellis Residences.

More recently, Traders In Purple has lodged plans for one of the denser projects proposed in the suburb, a 75-apartment development on a 5,900 sqm site on Cowan Road.

NewQuest, a construction, design and development firm, has delivered over 24 projects across commercial, residential, industrial, and lad markets.&nbsp;

&nbsp;

&nbsp;

First look: NewQuest Property proposes new St Ives apartment development

Sydney’s property market is known for high prices, competitive bidding, and mounting pressure on first home buyers. But change is on the horizon.

From late 2025, eligible first home buyers in New South Wales will have access to a new federal government initiative aimed at addressing affordability: the Help to Buy Scheme.&nbsp;

<h2>What is the Help to Buy Scheme?</h2>

The program introduces a shared equity model intended to reduce the upfront cost of entering the property market, particularly in high-demand urban areas such as Sydney.

The scheme operates under a shared ownership structure in which the federal government takes an equity stake of up to 40 per cent for new homes, or 30 per cent for existing dwellings. This arrangement allows eligible buyers to significantly reduce their loan size and avoid the added cost of Lenders Mortgage Insurance (LMI).

Under this model, purchasers can enter the property market with as little as a two per cent deposit, well below the traditional 10 to 20 per cent usually required. The government’s contribution is not a loan but a co-ownership stake in the property. As such, there is no interest or rent charged on its portion.

Because the government’s equity combined with the buyer’s deposit typically meets or exceeds the 20 per cent threshold, LMI does not apply. The remaining balance, generally between 60 and 70 per cent of the property’s value, is financed through a standard home loan with a participating lender.

The government's equity in the property remains in place until the buyer chooses to repay it voluntarily or until the property is sold. Buyers can buy back the government’s share over time, in increments of at least five per cent, depending on their financial situation.

There is no fixed repayment timeline, but the amount to be repaid will be based on the property's market value at the time of repayment, not the original purchase price.

<h2>How do you qualify for the&nbsp;Help to Buy Scheme?</h2>

To qualify for the Help to Buy Scheme, applicants must meet the following conditions:

<ul>
	<li>Be an Australian citizen at least 18 years of age.</li>
	<li>Be a first-home buyer who does not currently own property.</li>
	<li>Intend to live in the property as their primary residence.</li>
	<li>Earn less than $100,000 per year for individuals, or $160,000 for couples.</li>
	<li>Purchase a property within the regional price caps, currently $950,000 in Sydney, though this is expected to rise to approximately $1.3 million ahead of the program’s launch.</li>
</ul>

While the Help to Buy Scheme does not solve affordability challenges across the board, it does offer a more accessible pathway for a defined segment of the market, particularly younger buyers with moderate incomes who have been priced out of traditional lending routes.

The scheme is expected to commence in NSW in late 2025, as part of a national rollout.

Under the new model, purchasers can enter the property market with as little as a two per cent deposit, well below the traditional 10 to 20 per cent usually required

Help to Buy Scheme: What first home buyers in NSW need to know

The First Home Owners Grant (FHOG) is a government initiative designed to help eligible first-time home buyers by offering financial assistance towards the purchase or construction of a new home.

While the FHOG is a nationwide program, it is administered separately by each state and territory, meaning the eligibility criteria, grant amounts, and property requirements can vary depending on your location. This means that the amount available and the conditions attached to the grant will differ, so it is important to check the specific guidelines for your state or territory.

It’s important to note that the FHOG is just one of several incentives available to first home buyers. In most states and territories, the grant is not linked to stamp duty exemptions or concessions, with the exception of the Australian Capital Territory (ACT). The FHOG is typically a one-off payment, reducing the overall cost of purchasing or building a new home before any stamp duty concessions are applied.

Below, we provide a breakdown of the First Home Owner Grants available across Australia, outlining the specific details for each state and territory.

<h2>New South Wales First Home Owner Grant</h2>

First Home Owner Grant: Offers a $10,000 grant for new homes valued up to $600,000. For land purchases and owner-builders, the threshold extends to $750,000.

Stamp Duty Benefits: Provides full stamp duty exemption for homes valued up to $800,000, with concessions available for properties up to $1 million.

<h2>Victoria South Wales First Home Owner Grant</h2>

First Home Owner Grant: Provides a $10,000 grant for first-home buyers purchasing or building new homes valued up to $750,000.

Stamp Duty Benefits: Offers full stamp duty exemption for properties up to $600,000, with concessions available up to $750,000.

<h2>Queensland First Home Owner Grant</h2>

First Home Owner Grant: Offers $30,000 for contracts signed between 20 November 2023 and 30 June 2025. The FHOG applies to new homes valued up to $750,000.

Stamp Duty Concessions: Provides additional concessions for properties valued up to $800,000.

<h2>Western Australia First Home Owner Grant</h2>

&nbsp;

First Home Owner Grant: Offers a $10,000 grant for new homes valued up to $750,000 in the southern regions and up to $1 million in the northern regions.

Stamp Duty Concessions: Available for homes valued up to $600,000 for transactions entered into on or after 9 May 2024.

<h2>Australian Capital Territory First Home Owner Grant</h2>

First Home Owner Grant: Replaced by the Home Buyer Concession Scheme, offering full stamp duty concessions for eligible buyers.

<h2>South Australia First Home Owner Grant</h2>

First Home Owner Grant: Provides up to $15,000 for new homes, including houses, apartments, and townhouses. As of 6 June 2024, there is no property value cap for eligibility.

Stamp Duty Relief: Available for new homes and vacant land purchases.

<h2>Tasmania First Home Owner Grant</h2>

First Home Owner Grant: Offers a $10,000 grant for new homes and off the plan purchases.

Stamp Duty Exemption: Between 18 February 2024 and 30 June 2026, first home buyers of established homes valued up to $750,000 receive a full exemption on property transfer duty.

<h2>Northern Territory First Home Owner Grant</h2>

First Home Owner Grant: The Northern Territory provides a $10,000 grant for new homes only. Additional government grants and concessions are available for first home buyers.

Stamp Duty Exemption: The only stamp duty exemption available to property buyers is the House and Land Package Exemption (HLPE).

Eligibility criteria and application processes differ across states. Prospective buyers should refer to their respective state revenue offices for full details on grant availability, conditions, and additional concessions.

Every First Home Owner Grant for new property by state

In the ever-evolving landscape of sustainable architecture and environmentally conscious design, systems and ratings in place can help determine the energy efficiency of residential buildings in Australia.

Australia has multiple building rating systems that evaluate energy efficiency and sustainability in existing and new building designs.

Some systems assess individual building components, while others provide an overall rating for the entire structure.

A rating system ensures that homes are comfortable and energy-efficient, whether you are buying, renovating, or building.

NatHERS (Nationwide House Energy Rating Scheme) is a common way for new homes to meet energy efficiency requirements.

As new developments continue to shape the urban environment, understanding NatHERS ratings becomes essential for developers and homeowners. This article delves into the concept of NatHERS ratings, their significance, and how they contribute to creating energy-efficient homes.

<h2>What is NatHERS?</h2>

NatHERS is a national initiative implemented by the Australian government to promote energy efficiency in residential buildings. The scheme aims to provide a standardised method for assessing the thermal performance of homes, considering factors such as insulation, orientation, ventilation, and building materials.&nbsp;

NatHERS ratings are the most common way new homes meet the National Construction Code's (NCC's) minimum energy efficiency requirements.&nbsp;

NatHERS assessments provide thermal and whole-home ratings for new homes, townhouses, and apartments.

The rating helps evaluate the energy performance of buildings, guides homeowners and developers to make informed decisions about the energy efficiency of their properties, and encourages the construction of more sustainable, comfortable, and cost-effective homes.

<h2>How NatHERS Ratings Work</h2>

NatHERS ratings are determined through four accredited software tools (AccuRate, BERS Pro, FirstRate5, HERO) using a calculation engine CSIRO developed to predict building temperature based on various factors.

The tools can model complex effects of building mass, insulation, window size, and other elements.

The outcome is a star rating that reflects the building's overall thermal efficiency, indicating how well it can maintain a comfortable indoor temperature without excessive reliance on heating or cooling systems.

The star rating scale ranges from 0 to 10, with a 6-star rating being the minimum requirement for compliance with the National Construction Code (NCC).&nbsp;

Achieving a higher star rating demonstrates a commitment to energy efficiency and sustainability, as the building is better equipped to minimise its environmental impact and reduce long-term energy costs.

Anyone can use NatHERS tools, but accredited assessors can provide certified ratings and professional advice.

<h2>Benefits of Higher NatHERS Ratings</h2>

Energy Efficiency: Buildings with higher NatHERS ratings are more energy-efficient, requiring less heating and cooling energy. This reduces the structure's carbon footprint and lowers occupants' energy bills.

Cost Savings: Homes with higher NatHERS ratings are generally more energy-efficient, resulting in reduced energy consumption for heating and cooling. This translates to lower energy bills for homeowners, making sustainable living environmentally friendly and economically viable in the long run.

Environmental Impact: Lower energy consumption directly translates to a reduced environmental impact. Buildings with higher NatHERS ratings contribute to the overall goal of mitigating climate change by lowering greenhouse gas emissions associated with heating and cooling systems.

Improved Comfort: Buildings with high NatHERS ratings offer better thermal comfort to occupants. Proper insulation, well-designed ventilation, and optimal orientation maintain a consistent and comfortable indoor temperature, providing occupants with a more enjoyable and healthier space.

Market Value and Desirability: Higher NatHERS ratings can enhance the market value of a property. As energy efficiency becomes a more significant consideration for homebuyers, a well-rated building may attract a premium price and stand out in the real estate market.

Compliance with Building Codes: NatHERS ratings are a vital component of the National Construction Code (NCC), and compliance with these ratings is often a mandatory requirement for new developments. Local councils and planning authorities may set minimum energy efficiency standards that must be met to obtain development approval.

The Nationwide House Energy Rating Scheme (NatHERS) is a crucial initiative shaping the future of energy-efficient, resilient, and cost-effective homes. With its recent upgrades, NatHERS has evolved into a world-leading tool for the building sector, supporting the global commitment to achieving net-zero emissions by 2050.

Staff Writer

What is a NatHERS rating in new off the plan apartment developments?

Mixed-use developments have gained significant popularity across Australia in recent years due to their unique blend of residential, commercial, and recreational spaces.

Unlike traditional single-purpose developments, mixed-use projects offer a harmonious integration of various functions within a single locale.

Residential units seamlessly coexist with commercial establishments, retail outlets, dining venues, entertainment hubs, and recreational facilities, with the combination not only enhances convenience but also fosters a vibrant lifestyle and a sense of community.

<h3>Convenience and accessibility</h3>

Mixed-use developments are designed with convenience in mind. They often integrate residential units with commercial spaces, retail outlets, restaurants, and recreational facilities, creating a self-contained community.

[smartcode_project:default project_id=114215 project_image_fid=204874]

The proximity allows residents to enjoy the convenience of having essential amenities and services within walking distance. Whether it's grabbing a cup of coffee, going grocery shopping, or accessing healthcare services, everything is conveniently located, saving residents time and effort.

<h3>Vibrant lifestyle and community</h3>

One of the major advantages of mixed-use developments is the vibrant lifestyle they offer. With a diverse range of amenities and communal spaces, residents have ample opportunities to interact, socialise, and build a sense of community.

[smartcode_project:default project_id=107714 project_image_fid=214122]

The presence of parks, community centres, and shared spaces fosters a lively atmosphere, encouraging residents to engage in various activities and events. The vibrant lifestyle within these developments creates a unique sense of belonging and camaraderie among the residents.

<h3>Potential for higher rental yields and property value appreciation</h3>

Mixed-use developments tend to attract a broad range of tenants and buyers due to their versatile nature. This high demand can result in higher rental yields for investors and potentially lead to property value appreciation over time.

[smartcode_project:default project_id=139989 project_image_fid=212887]

The integration of commercial and retail spaces attracts businesses, which can provide a stable rental income stream. Additionally, the popularity of mixed-use developments often drives up property values, making them a potentially lucrative investment in the long term.

<h3>Enhanced security and maintenance</h3>

Mixed-use developments typically have comprehensive security measures in place. With controlled access points, CCTV surveillance, and professional security staff, residents can enjoy enhanced safety and peace of mind.

[smartcode_project:default project_id=108019 project_image_fid=212658]

Additionally, these developments often have dedicated maintenance teams responsible for the upkeep of common areas, landscaping, and infrastructure. This ensures that the overall appearance and functionality of the development are well-maintained, creating a pleasant living environment for residents.

<h3>Live-work-play balance</h3>

One of the key attractions of mixed-use developments is the ability to achieve a desirable live-work-play balance. The integration of residential and commercial spaces allows residents to live closer to their workplaces, reducing commuting time and improving work-life balance.

The proximity to various amenities and recreational facilities encourages an active and healthy lifestyle. Residents can easily access fitness centres, parks, restaurants, and entertainment options, all within the same development, leading to a more fulfilling and convenient way of life.

alisonwarters@gmail.com

The top five reasons to buy in a mixed-use development

When buying a property, everyone needs to be aware of the additional costs that come as part of the buying process.

Often the largest outlay, after the deposit which goes to the bank, is stamp duty.

<h2 style="line-height: 1.38;">What is Stamp Duty?</h2>

Stamp duty is an extra tax to pay the government when you buy land, a property, and other certain assets.

It happens when the legal ownership is transferred. It can also be known as property transfer duty or transfer duty.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="415" src="https://www.youtube.com/embed/C32BWkB5--c" title="YouTube video player" width="660"></iframe>

<h2>Who pays Stamp Duty?</h2>

In some circumstances, you may get an exemption. For some states, you won’t have to pay for stamp duty if you are a first home buyer or a pensioner for houses under a particular price. There are also stamp duty concessions, where you may be entitled to a discount.

<h2>How much does Stamp Duty cost?</h2>

Each state has different rules which affect how much you need to pay. These rules can affect the rate you pay, and the timeframe you will need to pay in. Before you buy land or a property, make sure you check the up-to-date information for your state’s stamp duty.

You can use a free stamp duty calculator online to see approximately how much you’ll need to pay. Find out if you’re eligible for an exemption by enquiring on a project via Urban!

Overall, the stamp duty you need to pay will depend on:

<ul>
	<li aria-level="1">How much your land/property is worth</li>
	<li aria-level="1">Where your land/property is located</li>
	<li aria-level="1">What type of land/property it is</li>
</ul>

Want to find out more? <a href="https://www.youtube.com/@UrbanAustralia?utm_source=YouTube&amp;utm_medium=Video&amp;utm_campaign=Subscribe&amp;utm_id=Subscribe">Subscribe to our YouTube channel</a> for more property videos.

Ellen Walker

Off-the-plan property explained: What is stamp duty?

Owner-occupiers have been the dominant buyer at the off the plan Omnia apartments in Moorabbin, due to the variety of floorplans offered by developer Shenfield Property.

Every sale so far, bar one, has been to an owner-occupier, with a handful of local first home buyers also showing interest.

The Richmond-based interior designer Aldona Pajdak has handled the&nbsp;inside of the 42 one, two and three-bedroom apartments, which are priced from $480,000.

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The thriving community offers something for everyone, with a wide range of schools, higher education, caf&eacute;s, shopping and parks.

Located at 4-6 Horscroft Place, the building delivers a number of green spaces and park frontage designed by Wallbrink Landscaped Architecture.

Urban takes a look at a three-bedroom apartment configuration that exemplifies the development&rsquo;s great design.

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Apartment 1.B1

Located on the first floor, this floorplan delivers three bedrooms, two bathrooms and a secure underground parking space.

Set over a total area of over 134sqm, this Omnia apartment boasts an open-plan living and dining area, a 12sqm terrace and a walk-in robe in the master bedroom.

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Designed by Roger Brayshaw Architects, the homes feature sleek forms and clean lines, complemented by neutral finishes and timeless sophistication.

Each off-the-plan&nbsp;apartment&nbsp;has low-maintenance kitchens that include concealed cabinetry with glass splashbacks, matte black tapware and integrated appliances.

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Living spaces are generous and inviting with adjoining north-facing balconies giving you plenty of sunlight to enjoy throughout the day.

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Living in Moorabbin has been easy for residents, with all apartments sold so far purchased by owner-occupiers, bar one.

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Owner-occupiers snap up Omnia, Moorabbin apartments in Melbourne's south-east

Apartment developer Tim Gurner and wife Aimee have secured the snappy sale of their retained apartment at his Albert Place Residences project in South Melbourne.

Retained after the projects' construction completion by Crema early last year, it was listed with $4.4 million to $4.8 million price guide.

The three-bedroom 300sq m apartment, fetched more than $5 million after being on the market for only five days.

"WOOOHOOO - exciting times as our latest Penthouse sells in record time 15% higher than expected," Gurner said.

Apartment 1405/7 Bowen Crescent in the Albert Place Residences has 180-degree views over Albert Park Lake

The Albert Place sale was through The Agency’s Michael Paproth and Gurner general manager of retail sales Deborah Wiltshire.

"Congratulations to Michael Paproth for running a great process on our latest custom design penthouse at Albert Place," he added.&nbsp;

"A lot of love and care went into this special home and we are thrilled to see it go to an amazing family who can now enjoy it forever."

Paproth said&nbsp;the sale shows the strength of the high-end market.

“We launched the apartment on the Thursday and within hours we had inspections, both in person and virtual and were exchanged in a little under five&nbsp;days with competition from three&nbsp;parties,” Paproth said.

The apartment, which had been rented for $5000 per week, was bought by a local downsizing couple from their home within 3km. There had been interest from&nbsp;South Africa, the UK and Hong Kong.

Albert Place Residences has 142 apartments.

"WOOOHOOO - exciting times as our latest penthouse sells in record time 15% higher than expected," Gurner advised



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Quick sale by Tim and Aimee Gurner in Albert Place

The latest Melbourne lockdown has led to some strong enquiry at Omnia, the&nbsp;Moorabbin development in Melbourne&#39;s south-east developed by Shenfield Property.

The one, two and three-bedroom apartments and townhomes are&nbsp;now sold 50 per cent sold.

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Noorden Property director David Lamond attributes this to the generously sized floorplans available at Omnia, ranging from 52 sqm to as large as 185 sqm, which are larger than what is typically on the market.

&ldquo;It is a win-win all the way&rdquo;, he said.

Situated at 4-6 Horscroft Place, Omnia is delivered by boutique developers Shenfield Property and designed in collaboration with Roger Brayshaw Architects.

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Most of the apartments at Omnia face North, offering discerning buyers an abundance of natural light.

The developers are expecting demolition to start during September, with construction to begin shortly after.

With the exception of one buyer, all purchasers so far have been owner-occupiers with some future residents even purchasing two side-by-side to create an even larger residence.

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The Shenfield Property development defines modern comfort and style, with proportioned interiors designed by Aldona Padjak and a great selection of living spaces.

Omnia&rsquo;s park frontage lays the foundation for its environmental consciousness, featuring energy-efficient design and an appealing pocket park on the North side of the building, created by Wallbrink Landscape Architecture.

According to the developers, project completion is on track for October 2022, with Shenfield Property leading the building process.

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The latest Melbourne lockdown has led to some strong enquiry at Omnia, according to Noorden Property director David Lamond.

Melbourne lockdown sees Omnia, Moorabbin apartments hit 50% sold, construction to start

Stockland has enhanced its residential pipeline in Victoria with the purchase of 502-580 Boundary Road, Armstrong Creek for $43 million. 
&nbsp; 
It is located in the Armstrong Creek Urban Growth Area, 10 kilometres south of the Geelong CBD, Victoria&rsquo;s second largest city.

The 30.6 hectare site will see Stockland build around 500 homes in a new masterplanned community.

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It marked a returned to the Greater Geelong area for Stockland which has over $2.7 billion invested in Victoria.

&quot;This acquisition in Greater Geelong is a natural expansion of our significant portfolio of popular communities in Melbourne, which are home to more than 33,000 residents,&rdquo; said Stockland&rsquo;s general manager of residential for Victoria, Mike Davis. 
&nbsp; 
Stockland will commence sales for Armstrong Creek and initial site works in early 2022. 
&nbsp;

Located in the Armstrong Creek Urban Growth Area, 10 kilometres south of the Geelong CBD, the 30.6 hectare site will see Stockland build around 500 homes

Stockland plan 5000 homes at Geelong district's Armstrong Creek

Developer EcoWorld International is selling a newly Yarra One completed apartment via an online auction system.

The apartment is in its recently completed Fender Katsalidis-designed project, located in South Yarra on Claremont Street.

Yarra One general manager Jeffrey Ong said the online auction provided a &quot;new exciting&quot; way of selling apartments within a multi-residential sales setting.

The auction date is scheduled for September 15 for 1508/16 Claremont Street, South Yarra.&nbsp;

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To be qualified to partake in the online auction, interested parties will be required to submit an opening bid, alongside their settlement terms and deposit, which will then be reviewed by the team at Yarra One.&nbsp;

If the opening bid, deposit and settlement terms are deemed acceptable, purchasers will be qualified to participate in the online auction.

If the reserve price is not met, the auction will be paused and the team at Yarra One will negotiate as to whether the bid is acceptable or if a counter offer is required.

&quot;If successful, Yarra One will look to auction off other apartments within the project,&quot; Ong said.

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One-bedroom apartments within Yarra One range in price from $450,000 to $650,000.

Yarra One encompasses 247 one, two and three-bedroom luxury apartments, as well as, three penthouses and a wide range of innovative amenities throughout including a wellness precinct equipped with a gymnasium, outdoor spa, dance studio and yoga room.

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Yarra One general manager Jeffrey Ong said the online auction provided a new exciting way of selling apartments within a multi-residential sales setting

jchancellor

EcoWorld International puts new Yarra One, South Yarra apartment up for online auction

Melbourne developer Caydon Property has gone above and beyond for buyers of Skyhome apartments in their recently completed Moonee Ponds apartment tower, Rise.

Skyhomes are penthouse-style apartments designed to make the most of the sweeping views across Melbourne. Soaring to 29 levels, Rise offers the highest views north of Melbourne&rsquo;s CBD.&nbsp;

Skyhome residents can enjoy access to their own private club, The Conservatory, located on Level 22.

The exclusive lounge has been created to offer a more intimate experience than standard communal areas found in other developments. Skyhome residents and their guests can grab a drink at the bar and socialise in a number of areas, including the outdoor deck, indoor banquet-style seating or the lounge seating in front of the fireplace.

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The fixtures and fittings of the Skyhomes also exude luxury, featuring high-quality finishes and spacious open-plan living space. The kitchens are fitted with European appliances, with a gold-metallic rangehood suspended from the ceiling. The island bench has stone benchtops and a cantilevered oak breakfast bar.

The bathroom exudes contemporary design with its feature wall tiling framing the vanity, whilst the remaining floor-to-ceiling porcelain tiles are in a white matt finish. In most Skyhomes, the bathroom features bespoke, dual Omvivo basins.

Prices for the Skyhomes start from $864,000. There are both two- and three-bedroom options remaining, with living space ranging from 88 sqm up to 130 sqm.&nbsp;

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Skyhome buyers will also have access to the communal facilities on level two, which features an indoor heated pool and spa. On the same level is Club Rise, the building&rsquo;s health and fitness centre with a fully equipped gymnasium with sauna and a yoga studio.

Mason Terrace, an indoor-outdoor entertaining space, is situated on level four. A full-sized indoor kitchen can be booked for entertaining, while outside is a barbecue area.

Rise, located on Everage Street in the heart of the vibrant village, has 297 one, two and three-bedroom apartments across its 29 levels.

Rise also has its own concierge and resident app, Caydon HQ, allowing residents to interact with neighbours, manage deliveries, place repair requests and more.

For a limited time, Caydon Property are offering a six month settlement on any two or three-bedroom apartment, a unique offering targeting buyers who are yet to have sold their current home.

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Caydon Property’s Rise delivers a luxury living experience with spacious floorplans, cutting-edge interiors, floor-to-ceiling windows and numerous amenities.

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The extra luxuries on offer for Skyhome buyers at Rise apartments in Moonee Ponds

Founded as a township in the 1850s, the Melbourne suburb of Box Hill has&nbsp;grown in to a small city in its own right.

In the 1950s, Box Hill was absorbed into Melbourne as part of the eastward expansion. Now the area is home to Melbourne&#39;s&nbsp;tallest high-rise buildings outside the CBD, creating the Victorian capital&#39;s second city just 14 kilometres east of Melbourne&#39;s city centre.

A major transportation hub for Melbourne&#39;s eastern suburbs, Box Hill is home to one of the city&#39;s busiest train stations, located beneath Box Hill Central.

Box Hill&#39;s newest apartment development, Spring Street, has investors and first home buyers looking for value in an area which is only continuing to grow.

Developed by Orion International Group and designed by the award-winning architecture firm Elenberg Fraser, the tower will have 312 one, two and three- bedroom apartments as well as a number of amenities, including a pool, gym and sauna.

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Future residents will be within touching distance of a number of amenities, starting from the ground level of the tower, which will home a number of retail and dining options.

Spring St, on the corner of Spring and Nelson Street, is just&nbsp;a couple of hundred&nbsp;metres away from the Box Hill RSL and Bowls Club, adjacent to the Box Hill Gardens, a one kilometre urban park with sports courts, a running track, barbecue areas, ponds, and a playground.

Spring Street is located just across from the Hospital district of Box Hill, with Box Hill Hospital down the street, as well as Epworth Eastern and Eastern Heart Victoria. Just down Whitehorse Road are the Box Hill Library and Police Station.

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Spring St is close to a number of Box Hill&rsquo;s most well-known restaurants and cafes, including Fountain&#39;s Licensed Restaurant, Second Wife, Nelson and Dainty Sichuan Food - Box Hill.

A short distance away is the bustling Station Street intersection, home to a part of the Box Hill nightlife with a number of bars and clubs.&nbsp;Box Hill Central, just a short walk, has a number of retailers and is anchored&nbsp;by a Coles.

Educational institutions for all ages are a short distance away, including MONT ALBERT Primary, Our Lady of Sion College, Box Hill High and Box Hill institute.

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Other than the choice location, Spring Street&rsquo;s affordable prices are also contributing to its popularity, with one-bedroom apartments starting from $395,000 and two-bedrooms priced from $545,000, well below Melbourne&#39;s median of $610,000, calculated by CoreLogic.

The generously sized apartments start from 52 sqm for the one-bedroom apartments, with a further eight sqm of balconies. The average size of one-bedroom apartments in Melbourne is sub-50 sqm.

Spring Street is set for completion in 2024.

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

Box Hill walking tour: What can I walk to from Box Hill's newest apartment development, Spring St

55 Hardiman, the contemporary apartment&nbsp;development in Melbourne&#39;s Kensington,&nbsp;has been garnering much attention from first home buyers in recent weeks.

That&#39;s been due in large part to it&#39;s location, as well as its design&nbsp;by award-winning Plus Architecture, who have focused on drawing out&nbsp;the Kensington lifestyle, combining industrial edge with contemporary comforts.

Plus Architecture&nbsp;pride themselves&nbsp;on their ability to create projects that contribute positively to Australia&rsquo;s urban landscapes.

Comprising just 28 apartments and five townhomes, 55 Hardiman pays&nbsp;homage&nbsp;to the area&rsquo;s traditional industrial buildings as well as its residential streetscapes. Plus say they drew inspiration from the industrial districts of New York City.&nbsp;

55 Hardiman will feature a&nbsp;shared&nbsp;rooftop terrace crowning the development with views to the CBD.

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First home buyers, as well as investors, have been keen on the low entry price of $455,000 for the one-bedroom apartments and $599,000 for the two-bedders.

The townhouse offerings in particular stand out, featuring an&nbsp;open plan design and&nbsp;a private rooftop garden that offer views towards Docklands, as well as demonstrating&nbsp;a square footage that is uncommon for inner city&nbsp;Melbourne.

Natural stone, integrated joinery and light-filled&nbsp;spaces have been prioritised throughout both the apartment and townhome designs, with the goal to&nbsp;offer residents a quality blank canvas.

The apartments also include engineered timber flooring, stone bench tops, Miele kitchen appliances, LED lighting, ducted air-conditioning and 2-Pac finishes.

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55 Hardiman Street is&nbsp;a short walk from the local caf&eacute; and shopping scene, as well as parks and public transport.

There&#39;s the nearby&nbsp;Moonee Ponds Creek Trail which leads in to the heart of the city, as well as easy&nbsp;train access from nearby Macaulay Station.

There are a number of respected primary schools just a few kilometers away which will draw young families and couples. Kensington Primary and St Mary&#39;s Primary school are the two closest.

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Comprising just 28 apartments and five townhomes, 55 Hardiman pays homage to the area’s traditional industrial buildings

Why first home buyers are interested in Kensington’s 55 Hardiman Street development

A major infill site at Officer in Melbourne&rsquo;s south east has been sold to a local residential developer for $43 millin.&nbsp;

CBRE Victorian development sites agents David Minty, Nathan Mufale and JJ Heng sold the 12 ha Rix Road property via an expressions of Interest campaign.&nbsp;

Mr Minty said the sale reflected a record rate of $3,650,000 per hectare.

It was the first time the corner general Residential landholding had been offered for sale in 33 years.&nbsp;

&nbsp;It last sold for just $225,000 in 1988, according to CoreLogic records.

The land had been used to grow peas.

Developer YourLand, backed by one of Japan&rsquo;s biggest companies, Nippon, was successful, when edging out Satterley.&nbsp;

The Herald Sun noted the buyer had first offered the family $27m off-market last year.

The vacant site forms part of the Officer Precinct Structure Plan (PSP), which allows for 15 dwellings per net developable hectare. &nbsp;

The on-market campaign generated 18 offers from private and institutional developers, located both domestically and offshore.&rdquo;&nbsp;

The property sold following the conclusion of a second and final round when strong competition was received, including seven bids sourced via CBRE&rsquo;s Asian Services Desk. &nbsp;&nbsp;

A capital allocation totalling over $500 million was received as part of the first round of offers.&nbsp;

The sale price achieved was $11,000,000 above the vendor&rsquo;s reserve and represented a 26% uplift between the first and second rounds.&nbsp;

&ldquo;We&rsquo;re experiencing strong demand from developers looking to secure development pipelines in this region, which is unlikely to be satisfied in a market which is very short on appropriately zoned or earmarked landholdings,&rdquo; Mr Mufale added.

The YourLand real estate division of Nippon Telegraph and Telephone also owns Rix Road Project in the growing suburb, Officer.&nbsp;

The sale price achieved was $11m above the vendor’s reserve 

South east Melbourne residential development site sells for $43 million

Around $7m has been paid for an off-the-plan penthouse at Mt Buller, the Victorian ski resort.

The 350 sqm penthouse is set for the Timbuktu ski apartment complex which is scheduled for occupation for the 2023 ski season on the edge of the popular Bourke Street ski run.

It is being done by the developer Headland Properties with the sale through John Castran.

It has five bedrooms, four bathrooms and two car parking plus ski in, ski out access.

There had been a $5.5 milllion prior sale elsewhere on Mt Buller six months.

The triplex apartment will be constructed above the existing 10 year old two-level Timbuktu development in Mt Buller.

The apartment below Catalano’s has also been sold for about $7 million. The third apartment is listed at $6.5 million to $7 million.

Catalano plans to add the penthouse to his growing collection of hotels and villas collection headlined by the Raes at ­Wategos boutique hotel at Byron Bay.

Catalano, in partnership with Melbourne property developer Josh Mantello, is developing a 14-room hotel known as Raes Bali, Seminyak.

Catalano told The Australian he and his family had stayed at Timbuktu for the past four years.

Luxury resorts operator Antony Catalano has paid almost $7 million for the 350 sqm penthouse 

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