Repeat buyers are one of the strongest measures of confidence in any apartment development.

At <a href="https://www.apartments.com.au/new-apartments/era-newcastle-west-124-126-bull-street-newcastle-west-nsw-2302">ERA</a> in Newcastle West, some purchasers are returning to <a href="https://www.apartments.com.au/developers/gwh">GWH</a> after living at the developer's One Apartments. Their decision to purchase again was driven by the quality of life they found after moving into their first GWH home.

Keith Wilton had spent years living in a house in East Maitland before deciding it was time for a change. Apartment living had always been on his radar, but he was selective about what he wanted.

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"I had some boxes I wanted to tick," he says.

Keith points to the open-plan design, generous outdoor areas and considered inclusions as key reasons One Apartments worked for him.

“One of those things was a nice indoor open plan area, but also I wanted a nice outdoor open area that I could entertain on in summer or Christmases or birthdays,” he says.

He also found value in the smaller details, from integrated appliances to shared resident spaces including the pool, cinema and rooftop areas.

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After comparing several developments, he chose One Apartments because of GWH's longstanding local reputation and his own experience working with the developer on a commercial project more than a decade earlier.

"I knew that they were local, that the quality of the build was going to be up there. I'd looked at other apartment complexes around and close by, and I just knew that here was a better decision location wise."

Today, Keith says the move has completely changed how he experiences Newcastle.

"I enjoy living in this location because it's more of a lifestyle change. That Newcastle city living where you can walk to restaurants and bars and even beaches and parks and even shopping across the road."

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Beyond the location, he says it's the sense of community that has surprised him most.

"Everyone loves living here because they chose to live here, but everyone looks out for each other. It's a real great community feel here."

For Aimee and Lyle Goodman, the journey started almost by chance.

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The couple happened to be having coffee in Newcastle when they noticed the site where One Apartments was about to begin construction.

"We were aware GWH was planning a development," Aimee says. "We made one phone call and things moved pretty quickly after that."

As busy business owners, they initially thought apartment living would simply reduce the maintenance that came with larger homes. Instead, it fundamentally changed how they spent time together.

"We actually catch up more as a family now," Aimee says.

"We've had homes with big yards and lots of space, but everyone ended up in different rooms. Here we'll have dinner together, the kids can play, and we spend far more quality time together."

[smartcode_project:default project_id=135096 project_image_fid=356829]

Lyle says their confidence came from GWH's reputation within Newcastle's building industry.

"I know people who've worked across different apartment projects, and whenever GWH came up the feedback was always the same. They're rock solid. They're quality."

That confidence only grew throughout the buying process.

"One of the things that really impressed us with GWH was the whole process, was the communication," Lyle says. "It was consistent, it was regular, there was no problem if we had some weird questions, there was no problems in getting answers."

[smartcode_project:default project_id=135096 project_image_fid=351104]

Aimee says one moment stood out.

"The project actually finished on time. We realised we needed to hurry up and sell our house because everything was happening exactly when they said it would."

The positive experience at One Apartments ultimately gave all three buyers the confidence to purchase again with GWH, this time at ERA.

Their confidence reflects what many buyers are seeking in today's apartment market. Location remains important, but so too does certainty around delivery, quality and long-term liveability.

[smartcode_project:default project_id=135096 project_image_fid=356822]

ERA builds on those foundations with 280 one, two and three-bedroom apartments across two landmark towers in <a href="https://www.apartments.com.au/developments/newcastle-west-nsw-2302">Newcastle West</a>.&nbsp;

Designed by <a href="https://www.apartments.com.au/architects/fk-australia">Fender Katsalidis</a>, the project will include more than 2,000 square metres of resident amenities, including a resort-style pool, gym, sauna, private cinema and rooftop entertaining spaces overlooking the harbour and coastline.&nbsp;

The development is also within walking distance of the Newcastle Interchange, Honeysuckle, Darby Street, the harbour foreshore, restaurants, retail and the city’s beaches, continuing the walkable lifestyle that existing GWH buyers say has transformed how they live.

[smartcode_project:default project_id=135096 project_image_fid=356826]

For Keith, the appeal remains straightforward.

"You feel at home even before you've moved into your home."

For Aimee, the change is measured in time.

“I just felt like I had more time,” she says.

[smartcode_project:default project_id=135096 project_image_fid=351102]

Construction at ERA is now underway, with more than half of the residences already sold and limited two and three-bedroom apartments remaining in the East Tower release. Priced from $980,000 for two-bedroom residences and $1.46 million for three-bedroom residences, buyers can secure an apartment with a 10 per cent deposit, with premium homes offering ocean views from Level 8 and harbour views from Level 10.

ERA is also backed by Resilience Insurance's 10-year Latent Defects Insurance policy, providing protection against structural or waterproofing defects for 10 years after completion. The project is anticipated to be completed in early 2028.

[smartcode_project_cta:default project_id=135096]

Joel Robinson

From ONE to ERA: Why buyers are choosing GWH again in Newcastle West

Virgate Property Group is preparing to commence construction of Verdé, its new apartment development in Melbourne's Arts Precinct at Southbank, following a strong run of sales that has seen more than half of the project's 173 apartments secured.

Verdé has attracted a broad mix of first home buyers, owner-occupiers upgrading from nearby inner-city suburbs and investors, with younger owner-occupier couples aged between 28 and 45 accounting for the strongest enquiry. Many are already living in Southbank, South Melbourne, Albert Park, Port Melbourne, South Yarra and the CBD.

"Verdé is located in one of the most desirable pockets of southern Melbourne," Blair Property Group Director Darren Blair, who is managing sales at Verdé, said.

"It's within walking distance of the Arts Centre, Royal Botanic Gardens, Albert Park Lake, and Southbank's restaurants and retail. It's a great lifestyle location with strong amenity and liveability, which made it a very attractive choice for the project."

[smartcode_project:default project_id=4661 project_image_fid=372549]

Virgate was already familiar with the precinct, having previously delivered the successful Domain House development in neighbouring South Melbourne. That experience gave the developer confidence to acquire the Coventry Street site and continue expanding its presence in Melbourne's inner south.

"We had been keeping an eye on the site and the broader precinct for a few months before deciding to move forward with the acquisition," Virgate said.

The project was ultimately secured in 2020 following feasibility studies, planning assessments and due diligence, with the brief centred on delivering "a high-quality, considered design that feels both refined and fit for purpose."

[smartcode_project:default project_id=4661 project_image_fid=314259]

Designed by <a href="https://www.apartments.com.au/architects/bruce-henderson-architects">Bruce Henderson Architects</a>, Verdé comprises 173 one, two and three-bedroom apartments priced from $599,000. The architecture is distinguished by a faceted glass façade that responds to both the site's outlook and Melbourne's changing light conditions.

According to Bruce Henderson Architects, the coloured glazing gives the building a distinctive identity while also providing privacy and solar shading, with residences oriented to capture views across the bay, city skyline and surrounding parklands.

Inside, <a href="https://www.apartments.com.au/interior-designers/designoffice">DesignOffice</a> has created interiors focused on natural light, efficient planning and enduring materials. Apartments feature engineered oak flooring, natural stone benchtops, floor-to-ceiling glazing and SMEG appliances, while a restrained material palette aims to complement the expansive outlooks rather than compete with them.

[smartcode_project:default project_id=4661 project_image_fid=372550]

Resident amenity has also been designed around everyday functionality rather than occasional use. Facilities include a concierge-serviced lobby, residents' lounge with fireplace, library and co-working space, gym, terrace garden with barbecue facilities, ground-floor café, and package delivery management.

The project's location continues to be one of its strongest drawcards. Positioned on Coventry Street, Verdé sits within walking distance of the National Gallery of Victoria, Arts Centre Melbourne, Royal Botanic Gardens and Albert Park Lake, while Southbank's dining precinct, Sturt Street trams and the new ANZAC Station are all nearby. The surrounding education catchment also includes Melbourne Grammar, Melbourne Girls Grammar, Mac.Robertson Girls' High School and several major university campuses.

The sales team says buyers have responded particularly well to the combination of location, design quality and long-term liveability.

"They're responding really positively to the quality of the design, premium resident amenities and the uninterrupted views. Many also appreciate the location and how connected it is to everything they need."

The ability to secure stamp duty savings before completion has also been a key factor for purchasers, alongside the opportunity to personalise finishes ahead of settlement.

With construction set to commence soon and more than half the apartments already sold, Verdé enters its next phase as one of the Arts Precinct's more established apartment developments, offering remaining buyers an opportunity to secure a residence before construction advances further. Expected completion is scheduled for late 2027.

[smartcode_project_cta:default project_id=4661]

Virgate's Verdé Southbank moves toward construction as sales fly past halfway stage

Downsizer-focused apartment development Kooyongkoot in Hawthorn has been recognised at the 2026 Better Future Melbourne Design Awards, taking home Gold and Silver awards in two categories.

<a href="https://www.apartments.com.au/new-apartments/kooyongkoot-hawthorn-1-kooyongkoot-road-hawthorn-vic-3122">Kooyongkoot</a>, currently being delivered by developer PQD and designed by Cera Stribley, received Gold in the Interior Design – Proposed category and Silver in the Architecture – Proposed category.

The dual recognition reflects the design approach behind the boutique development on prestigious Kooyongkoot Road, where the focus has been on creating homes for downsizers seeking the space, quality and functionality of a detached house within a low-rise apartment building.

Rather than maximising apartment numbers, <a href="https://www.apartments.com.au/developers/pqd">PQD</a> and <a href="https://www.apartments.com.au/architects/cera-stribley-architects">Cera Stribley</a> limited the development to just 18 residences, allowing for larger floorplans, greater privacy, generous landscaping and expansive communal spaces.&nbsp;The majority of the apartments also benefit from corner aspects, allowing for dual sources of natural light.

Now around 70 per cent complete and on track for completion in November 2026, Kooyongkoot will comprise a mix of garden residences, ter​race apartments, sub-penthouses, and is crowned by two half-floor penthouses with direct lift access and private rooftop terraces.

[smartcode_project:default project_id=102717 project_image_fid=355297]

The Silver Award for Architecture recognised the way the building responds to its prominent corner position at the ent​rance to Hawthorn's Scotch Hill precinct, one of Melbourne's most established residential neighbourhoods.

Rather than competing with the grand homes that line Kooyongkoot Road, the architectural approach focused on restraint and longevity, using curved brickwork, generous landscaping and carefully considered proportions to integrate with the existing streetscape.

"The form feels fluid and timeless, as though shaped by the landscape itself – architecture that belongs, rather than competes," said Chris Stribley, Co-Founder and Managing Principal of Cera Stribley.

The judging submission also highlighted practical innovations throughout the building, including lift cores servicing only nine homes each, a central landscaped lightcourt designed to bring daylight and ventilation into the building, and fully enclosed private storage rooms with lighting, power and shelving to better accommodate residents transitioning from larger family homes.

[smartcode_project:default project_id=102717 project_image_fid=355293]

The Gold Award for Interior Design recognised the project's focus on long-term liveability rather than display-home aesthetics.

According to the awards submission, the interiors were designed from the inside out, prioritising how homes would function over decades of daily use through generous proportions, practical storage, durable natural materials and flexible layouts.

The specification includes natural stone throughout, upgraded acoustic glazing, V-ZUG appliances and fully enclosed storage rooms, alongside an amenity offering focused on wellness, entertainment and everyday convenience.&nbsp;

Residents will have access to a gym and yoga studio, a wellness centre featuring traditional and infrared saunas, a cold therapy shower and treatment room, as well as a residents' lounge and golf simulator/cinema room for entertainment.&nbsp;Kooyongkoot has also considered the everyday convenience of its residents by offering a private carwash and pet wash facilities on site as well as dedicated parcel lockers and oversized fully enclosed storage rooms.&nbsp;

[smartcode_project:default project_id=102717 project_image_fid=355303]

The project's attention to detail has already resonated with buyers. Earlier this year, Kooyongkoot recorded one of Boroondara's highest apartment sales when an $8 million penthouse was purchased by a Melbourne CEO downsizing from a nearby family home.

"Every detail feels deliberate, from the overall design down to the smallest touches," the purchaser said.

"The level of quality and refinement is exceptional, but what really sold it was how liveable it felt... It felt like a place where everything had been considered, not just a luxury building."

[smartcode_project:default project_id=102717 project_image_fid=355304]

Sustainability also formed a key part of both award submissions. Kooyongkoot is targeting a minimum 7.5-star NatHERS rating across all residences, supported by passive design principles, high-performance glazing, EV charging infrastructure, water reuse systems and a wellness model focused on lower-energy dry facilities rather than pools and large wet areas.

Located within walking distance of Scotch College, Methodist Ladies' College, Koo​yong Lawn Tennis Club, Aubur​n Village and Camberwell Junction, Kooyongkoot continues to target owner-occupiers looking to remain in Melbourne's inner east without compromising on space or quality. A limited selection of two, three and four-bedroom residences remains available, with prices starting from $1.9 million.

[smartcode_project_cta:default project_id=102717]

Kooyongkoot wins Gold and Silver at Better Future Melbourne Design Awards

New apartment supply has become increasingly constrained across <a href="https://www.apartments.com.au/developments/parramatta-nsw-2150">Parramatta</a> in recent years, with fewer projects progressing through to completion as development conditions have become more challenging.

It makes <a href="https://www.apartments.com.au/developers/novm">NOVM</a>'s 2021-completed <a href="https://www.apartments.com.au/buildings/the-lennox-parramatta-12-phillip-street-parramatta-nsw-2150">The Lennox</a> one of the most recently completed residential towers on the Parramatta River, and among the newest apartment developments in Sydney's second CBD.

With the project largely completed before the sharp escalation in construction costs and inflation following the pandemic, The Lennox is now offering pricing that would be difficult to replicate in a comparable new development in Parramatta today, or across much of Western Sydney.

The majority of the 413 apartments at The Lennox sold before and shortly after completion. A limited release of the remaining apartments has recently been brought to market by capital partner <a href="https://www.apartments.com.au/project-marketer/equitifund-group">Equitifund</a>, with entry-level pricing from $700,000 and two-bedroom apartments available from under $1 million.

Rising above the Parramatta River at 12 Phillip Street, The Lennox comprises one, two, three and four-bedroom apartments, appealing to first home buyers, young professionals, families, downsizers and interstate investors seeking a completed apartment in one of Australia's fastest-growing economic centres.

[smartcode_project:default project_id=5743 project_image_fid=372394]

Rather than positioning Parramatta as an alternative to Sydney's CBD, Equitifund believes the city has reached a point where it stands on its own merits.

"Parramatta is no longer simply an alternative to Sydney CBD, it's becoming a destination in its own right," Equitifund Executive Chairman Greg Huxley said.

"The Lennox captures that evolution with a level of quality and amenity that's difficult to match at its price point."

[smartcode_project:default project_id=5743 project_image_fid=953]

Designed by <a href="https://www.apartments.com.au/architects/marchese-partners">Marchese Partners</a>, the tower responds directly to its riverfront setting through expansive glazing and open-plan layouts that maximise views across the Parramatta River and city skyline. Interiors feature engineered timber flooring, stone benchtops, stainless steel appliances and floor-to-ceiling glazing, while generous balconies extend the living spaces outdoors.

Marchese Partners says the project was conceived to balance high-quality apartment living with practical, long-term functionality, pairing larger, efficient floorplans with amenities more commonly associated with five-star hotels.

That emphasis continues through the resident facilities, which include a 20-metre rooftop swimming pool, fully equipped gym and wellness spaces, full-time concierge, a residents' lounge, function room, private lifts, secure basement parking and rooftop communal areas overlooking the Parramatta River. Ground-floor boardwalk retail and dining further activate the riverfront and integrate the building into the surrounding public realm.

[smartcode_project:default project_id=5743 project_image_fid=925]

Australian housing and finance group Equitifund has secured the remaining apartments, believing there are few completed apartment opportunities in Parramatta that offer the same combination of location, amenity and pricing.

Equitifund National Sales Director Ben Hamblett says buyers are increasingly recognising that premium apartment living no longer needs to come with Sydney CBD pricing.

"The Lennox is where aspirational living becomes attainable," Hamblett said.

"Wake to river and mountain views, step into Sydney's Second CBD, and arrive home to resort-calibre amenities, all without the harbour price tag."

Hamblett says owner-occupiers are also attracted by the convenience of having Westfield Parramatta, Church Street's dining precinct, Parramatta Park, Riverside Theatres, Western Sydney University and major transport connections all within walking distance.

"At The Lennox, lifestyle is not an afterthought, it is the foundation."

[smartcode_project:default project_id=5743 project_image_fid=5374]

The Lennox places residents within walking distance of Parramatta Square, Westfield Parramatta, Church Street Eat Street, Parramatta Station, the ferry wharf, Light Rail, the future Sydney Metro West, Parramatta Park and CommBank Stadium, reinforcing Parramatta's position as one of Australia's most connected metropolitan centres outside Sydney's CBD.

Equitifund says buyers visiting the display suite consistently comment on the quality of the finishes, generous floorplans, river and skyline views, and the walkability of the location. The project has attracted a broad mix of local professionals, upsizers, downsizers, buyers relocating from Sydney's inner suburbs and interstate investors seeking long-term growth opportunities.

That demand aligns with Parramatta's continued evolution as an economic powerhouse. Equitifund Research and Market Insights specialist John Bekiaris says sustained population growth, infrastructure investment and expanding employment opportunities continue to support long-term housing demand across the city.

"Parramatta has evolved from a satellite city into one of Australia's most important economic centres. Population growth, infrastructure investment and employment are all supporting sustained long-term housing demand."

[smartcode_project_cta:default project_id=5743]

The apartment price gap drawing Sydney buyers west

A luxury beachfront apartment at Rainbow Bay has more than doubled in value since it sold off the plan six years ago, setting a new local apartment record in the process.

The three-bedroom apartment in the Flow development on Petrie Street, the first of four new projects locally by Paul Gedoun's S&amp;S Projects, has sold for $7.4 million, after originally selling for $3.27 million when the project launched in 2020.

The seventh-floor apartment, comprising 187 sqm of internal living space and a 54 sqm balcony overlooking Froggies Beach and Snapper Rocks, was purchased by a local family.

The transaction was negotiated by Pezet Matheson director Kerry Pezet and equates to more than $30,000 per sqm.

Pezet said the sale reflected the limited opportunities to buy into the boutique beachfront development.

"The sale highlights the rarity of opportunities within the boutique beachfront development, where residences seldom become available," Pezet said.

"Flow is one of the Gold Coast's most tightly held buildings. Buyers from our database move quickly when residences become available, and achieving an off-market sale at $7.4 million demonstrates the depth of demand for property of this calibre."

<img alt="Flow" data-entity-type="file" data-entity-uuid="c585b206-2130-4eee-a50c-3f27c51a7c70" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-06%20at%208.33.25%E2%80%AFPM.png?VersionId=m3pHRDV62Y3fvN.XQuQHq.52ilTWpRLf" />

Flow was the first of four luxury apartment developments delivered by Paul Gedoun's S&amp;S Projects at Rainbow Bay and was completed in 2023.

Positioned on the beachfront overlooking Snapper Rocks, the residence includes three bedrooms, three bathrooms, a powder room and views stretching north along the coastline towards Surfers Paradise.

Pezet Matheson Residential principal Mitchell Lambert said buyers continued to prioritise quality beachfront apartments in tightly held locations.

"Flow Residences offers a rare combination of elevated beachfront positioning, architectural excellence, comprehensive resident amenity and premium finishes, which is exactly what discerning purchasers are seeking," Lambert said.

"The transaction further reinforces Rainbow Bay's reputation as one of Australia's premier coastal lifestyle destinations, where limited supply and growing demand continue to support strong market performance."

Pezet Matheson originally marketed and sold out Flow off the plan, making the latest transaction a return to one of the project's original buyers.

Paul Gedoun is selling his third project, <a href="https://www.apartments.com.au/new-apartments/radia-rainbow-bay-271-boundary-street-coolangatta-qld-4225">Radia Rainbow Bay</a>, after recently completing, and selling out, <a href="https://www.apartments.com.au/buildings/esprit-217-227-boundary-street-coolangatta-qld-4225">Esprit</a>. He has plans for a <a href="https://www.apartments.com.au/news/qld/first-look-s-s-projects-proposes-88-apartment-wellness-tower-at-coolangattas-boundary-street">fourth building</a>, 88 apartments on <a href="https://www.apartments.com.au/new-apartments/209-213-boundary-street-coolangatta-qld-4225">Boundary Street</a>.

Rainbow Bay apartment doubles in price since off the plan sale during pandemic

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?

Elenberg Fraser is an expert in multi-residential architecture and interior design, currently delivering around 42% of the apartments nearing completion and under construction in Melbourne; up from 10% in 2013.

Based in Melbourne with regional hubs in Brisbane and Ho Chi Minh City, Elenberg Fraser&nbsp;was&nbsp;established in 1998&nbsp;by Zahava Elenberg and Callum Fraser, both RMIT University graduates.

Elenberg Fraser have a track record in delivering residential projects that are both design-driven and market-driven, with expertise recognised through industry awards for projects such as Fifty Albert in South Melbourne, Luna in St Kilda and A&rsquo;Beckett Tower on Melbourne&rsquo;s A&rsquo;Beckett Street.

The architecture firm note that&nbsp;their&nbsp;residential projects have demonstrated their potential to improve returns and work within strict floorplan and cost considerations, but also provide truly inhabitable environments that excite and engage&nbsp;owners and tenants.

&ldquo;We create flexible spaces that can be adapted to a range needs, with practical yet individual approaches to interior design. Generous communal spaces are provided, creating society within the building,&rdquo; the firm noted.

Urban has picked out its top five&nbsp;projects currently in the market designed by the team at&nbsp;Elenberg Fraser.

<h2>Spring Street</h2>

[smartcode_project:default project_id=100675 project_image_fid=162056]

Located in the centre of Box Hill, Spring Street is within arm&rsquo;s reach of culturally rich dining scene, quality educational facilities, hospitals, shopping centres and public transport.&nbsp;

Spring Street&rsquo;s ground level features a paved boulevard, gardens and fine grain retail and dining offerings. As the levels rise, there is a private garden on the top of the podium where residents can relax and enjoy outdoor living.

Everything has been designed by Elenberg Fraser, from the streamlined, modern low-rise apartments, to the sleek high-rise levels and the custom-designed penthouses.

It features 29-storey architectural marvels, abundant amenities and a scenic garden created in collaboration with leading landscape architects Tract Consultants.&nbsp;

<h2>St Boulevard</h2>

[smartcode_project:default project_id=1260 project_image_fid=80580]

St Boulevard is the newest three-tower development in St Kilda, located at the intersection of the grand St. Kilda Boulevard and the Melbourne CBD.&nbsp;

The towers, Magnolia, Anaca and Ginko, place&nbsp;residents square at the centre of the busy suburb.

The biophilic buildings have been designed&nbsp;around a central park, home to the trees that stand for the building&rsquo;s namesake.

Elenberg Fraser took a sophisticated and tactile approach to the interiors, offering residents a choice in colour scheme and palette with a large range of floor plans to choose from.

<h2>Piper Townhomes</h2>

[smartcode_project:default project_id=102256 project_image_fid=163757]

Piper Townhomes is a boutique collection of 14 modern, low-maintenance townhouses in the bayside suburb of Williamstown.&nbsp;

It is just one part of AVJennings vision for Waterline Place which they described as &ldquo;a village within a village&rdquo;. It will be home to around 500 residences across 14 unique developments, weaved among a sea of biophilic, pedestrian-friendly, streets and laneways.&nbsp;

Piper comprises nine three-bedroom homes facing Nelson Place, starting from an extension of the neighbouring Lonsdale and Lysander townhomes, continuing the bluestone and angled roofline theme that mimics traditional local cottages and industrial buildings of the past, to blend in with the established architectural character of the area.

As well as five two-bedroom, two-bathroom terraces fronting Waterline Place, that have already sold out.

Situated within Hobson Bay the area offers cafes, restaurants, supermarket, shops, swimming beaches and renowned boating clubs.

<h2>Provenance</h2>

[smartcode_project:default project_id=9099 project_image_fid=48596]

The luxury property developer Beulah recently began construction on one of its newest apartment developments, Provenance Camberwell.

Consisting of just 12 apartments in total, including two penthouses, the boutique block at 890 Toorak Road has been designed by Elenberg Fraser.

Prices start from $1.25 million for the two bedroom apartments, with the four bedroom penthouses priced at $3.995 million.

Beulah have appointed the family-ran and owned lurada Property Group to handle the construction and so far the building has proven popular with local owner-occupiers, Beulah managing director Jiaheng Chan said.

Provenance Camberwell marks Beulah&rsquo;s seventh project to have commenced construction within recent years.

<h2>20 Mary Avenue, Broadbeach</h2>

[smartcode_project:default project_id=108327]

Developer Little Projects Co recently&nbsp;unveiled plans for a boutique residential apartment project located at 20 Mary Avenue, Broadbeach.

Demonstrating their prowess outside of Victoria, 20 Mary Avenue will showcase an exclusive collection of just 29, full floor and double storey apartments designed in partnership with Elenberg Fraser.

Each floor will house a 3-bedroom residence, with an elegant&nbsp;aesthetic, designed&nbsp;for the owner-occupier market.

20 Mary Avenue, Broadbeach will springboard off the back of Little Project&rsquo;s Gold Coast debut project, Signature Broadbeach, which sold out its 245 apartments located just around the corner from the proposed 20 Mary Avenue, Broadbeach.

According to the developer, panoramic ocean views can be witnessed from podium to penthouse, with never to be built out vistas as a result of the development&rsquo;s positioning behind Broadbeach State School.

Elenberg Fraser is an expert in multi-residential architecture and interior design, currently delivering around 42% of the apartments nearing completion and under construction in Melbourne

jordan_55689

Architecture firm Elenberg Fraser’s top projects on Urban

St Boulevard is the latest residential development by The Shakespeare Group, located in a prime position on the corner of St Kilda Rd and High Street, and at the southern tip of Albert Park Lake.

St Boulevard, made up of three towers&nbsp;Magnolia, Anaca and Ginko, puts residents on the fringes of Albert and Fawkner Parks, and a short stroll to the eclectic St Kilda and Prahran precincts.

Shakespeare Group described the development as being set&nbsp;between a concrete jungle and a bohemian hub, with some of the unique&nbsp;boutiques and restaurants lining Fitzroy and Acland Streets just a few minutes away.

The development is centered around a lush garden with the building&#39;s namesake tree&#39;s at the fore linking to interior amenity and facilities.

[smartcode_project:default project_id=1260 project_image_fid=80580]

St Boulevard is within walking distance to Albert Park to the west and the Royal Botanic Gardens to the east, with many apartments holding views over the green landscape. The&nbsp;parklands are described as&nbsp;Melbourne&rsquo;s green lungs,&nbsp;with access to the winding Yarra River trails and waterways&nbsp;for residents to explore.

Just across the Yarra is the Melbourne sports precinct, home to the MCG,&nbsp;Rod Laver Arena, Hisense Arena and AAMI Park.

Some of Melbourne&rsquo;s best cultural and entertainment venues are close by&nbsp;as it&#39;s not far from the heart of&nbsp;Melbourne&rsquo;s arts precinct. That includes the Shrine of Remembrance,&nbsp;Malthouse Theatre, NGV and&nbsp;ACCA.

[smartcode_project:default project_id=1260 project_image_fid=173493]

For those looking for more than just a stroll, other exercise options include the Tennis World Albert Reserve,&nbsp;Fawkner Park Tennis Court, Albert Park Golf Courses and many gyms, including the one on offer exclusively to residents at&nbsp;St Boulevard.

After sweating it out enjoy some of the best food Melbourne has to offer on High Street, Putt Road and Flinders Street, home to such classics like&nbsp;The Kettle Black,&nbsp;Entrecote,&nbsp;Hunters Kitchen &amp; Bar,&nbsp;Bistro Gitan, The Emerson, France-Soir, Prahran Market and many many more.

[smartcode_project_cta: project_id=1260]

St Boulevard, made up of three towers Magnolia, Anaca and Ginko, puts residents on the fringes of Albert and Fawkner Parks, and a short stroll to the eclectic St Kilda and Prahran precincts

Why St Boulevard's St Kilda Road location can not be repeated

St Boulevard, located at the intersection of the grand St. Kilda Boulevard and the Melbourne CBD, is home to three towers, Magnolia, Anaca and Ginko, named after the trees that serve as a garden centerpiece that links the three buildings.

Recently completed to a design by the renowned architecture firm Elenberg Fraser,&nbsp;the biophilic towers rise as high as 21&nbsp;storeys and home 419&nbsp;one, two and three-bedroom apartments.

Apartments start from $410,000.

Urban has taken a closer look at St Boulevard and picked out its top selling points.

<h2>1. Developed by The Shakespeare Group</h2>

On each of its projects, The Shakespeare Group team begins with the careful selection of a location that will offer an exceptional level of amenity, as seen in St Boulevard.

The group then collaborates with industry experts like those at Elenberg Fraser, combining&nbsp;research, deep metrics and complex analyses to make&nbsp;decisions.

&quot;Unique, innovative and future-focused, The Shakespeare Group creates liveable spaces and lifestyle-driven communities to be enjoyed now and for years to come,&quot; the group said.

Other projects by The Shakespeare Group include, Habitat, Twin Waters in Queensland,&nbsp;Pullman Cairns and more commercial Melbourne developments on Collins and Bourke Street.

[smartcode_project:default project_id=1260 project_image_fid=173489]

<h2>2. Designed by the award-winning experts at Elenberg Fraser</h2>

Elenberg Fraser is an expert in multi-residential architecture and interior design, currently delivering around 42% of the apartments nearing completion and under construction in Melbourne.&nbsp;

The global practice has won a number of awards for its local projects in Melbourne, such as&nbsp;&nbsp;Fifty Albert in South Melbourne, Luna in St Kilda and A&rsquo;Beckett Tower on Melbourne&rsquo;s A&rsquo;Beckett Street.

&ldquo;We create flexible spaces that can be adapted to a range needs, with practical yet individual approaches to interior design,&quot; the architecture firm say.

&ldquo;Elenberg Fraser residential projects have demonstrated their potential to improve returns and work within strict floorplan and cost considerations, but also provide truly inhabitable environments that excite and engage their owners and tenants.&rdquo;

[smartcode_project:default project_id=1260 project_image_fid=175274]

<h2>3. Location,&nbsp;Location, Location</h2>

Located at&nbsp;601 St Kilda Road,&nbsp;St. Boulevard provides residents with a green&nbsp;lifestyle within walking distance to Albert Park to the West and the Royal Botanic Gardens to the East.

St. Kilda is one of Melbourne&rsquo;s most eclectic suburbs brimming with creativity, talent, innovation and entertainment.

The Shakespeare Group said St. Boulevard is placed between a concrete jungle and a bohemian hub with some of the quirkiest boutiques and restaurants lining Fitzroy and Acland Streets, just a few tram stops from home.

Some of Melbourne&rsquo;s best cultural and entertainment venues are close by as it&#39;s not far from the heart of&nbsp;Melbourne&rsquo;s Arts Precinct.

St. Boulevard&nbsp;is within walking distance to some of the best public and private schools in Melbourne. Take a short tram ride into the city, and residents are close to some of Australia&#39;s top-ranking universities.

[smartcode_project:default project_id=1260 project_image_fid=80580]

<h2>4. Over 2,000 sqm of resident amenity</h2>

St. Boulevard offers a multitude of exclusive facilities for residents, set in the natural leafy surroundings.

Private kitchens and dining rooms can be booked by residents, with space available in the climate-controlled wine storage racks. There&#39;s a library room that features an open fireplace, as well as a health club with spa, sauna and steam rooms.

A state-of-the-art gym is also on site, complete with&nbsp;a heated lagoon and lap pool. Outdoors there&#39;s resort-style outdoor pavilions, BBQ pods, garden seating areas and a children&#39;s play area.

The centerpiece of the development is the garden, home to large tree&#39;s after which the buildings are named, Magnolia, Ginko and Anaca.

[smartcode_project:default project_id=1260 project_image_fid=177678]

<h2>5. Apartment and building design</h2>

There are a number of different floorplans and configurations at&nbsp;St Boulevard.

Each kitchen features&nbsp;stone island benches, natural stone finishes and raw and polished textures, which compliment the surrounding natural landscape.

Living and kitchen areas open to balconies with views over the surrounding green areas and to the Melbourne CBD.

The floor plans are optimised with efficiency and maximise&nbsp;storage for convenient living and the exposure of natural light and city panoramic views due to the curved and sloping design of the towers, centred around a&nbsp;green&nbsp;park.

[smartcode_project_cta: project_id=1260]

St Boulevard, located at the intersection of the grand St. Kilda Boulevard and the Melbourne CBD, is home to three towers, Magnolia, Anaca and Ginko

Why St Boulevard apartments on the fringe of Melbourne's CBD should be on a buyers shortlist

The Melbourne property developer and construction firm BCentral are rubber-stamping their reputation of delivering what they promised when selling their off the plan apartment developments.

They recently completed&nbsp;ALIA in the bayside McKinnon area, and the development, particularly the kitchen, look identical to the renders offered to buyers when the sales launched last year.

Below is an example of how alike the render and finished product of the kitchen are,&nbsp;created by the interior design studio ZUNICA.

<figure><img alt="" class="image-article-full-width-580px" height="580" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/alia-kitchen.jpg?itok=b-B33IPG" width="580" />

<figcaption>Top Image - Render of kitchen. Bottom Image - Finished product of kitchen.</figcaption>
</figure>

ALIA was a collaborative effort by ZUNICA, Perkins Architects, and Bruce Henderson Architects.&nbsp;

Prior to the launch of the apartments last year, the full-floor penthouse sold for nearly $2 million, setting a suburb record for an apartment. A number of the sub-penthouses sold for over $1 million.

BCentral founder Tal Goldman told Urban when sales launched that ALIA was perfect for anyone searching for a premium home&nbsp;with&nbsp;world-class amenity.

<figure><img alt="" class="image-article-full-width-580px" height="580" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/aliarender-vs-reality-portraitstack.jpg?itok=eT5nvRiF" width="580" /> 
Top Image - Render of Alia exterior. Bottom Image - Finished Alia exterior.</figure>

&ldquo;This project is so special when it comes to multi-residential living - we have ensured each floor plan is expansive and light-filled, offering that perfect balance of comfort and functionality,&quot; Goldman said.

&quot;Our mantra from day one, was to create the very best residential project McKinnon has been presented with. We focus on doing things right and the results have followed. It is extremely satisfying for the whole development team to have achieved such a lofty goal.&rdquo;

<figure><img alt="" class="image-article-full-width-580px" height="580" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/alia-bathroom.jpg?itok=_cNeA7_Y" width="580" /> 
Left Image - Render of bathroom. Right Image - Finished bathroom product.</figure>

ALIA is now McKinnon&#39;s tallest multi-residential building, with a&nbsp;northerly aspect and views of the city skyline, bay and Dandenong Ranges.

There are only three-bedroom apartments left in ALIA, priced from $1.24 million.

[smartcode_project:default project_id=24686 project_image_fid=50138]

Another of BCENTRAL&#39;s latest developments, their equally boutique Bayside apartment project Southbay in Cheltenham, recently completed construction.

<figure><img alt="" class="image-article-full-width-580px" height="580" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/render-vs-reality-exterior-street-portraitstack.png?itok=x-NYo0gJ" width="580" />

<figcaption>Top Image: Render of Southbay Exterior. Bottom Image: Finished Southbay Exterior.</figcaption>
</figure>

The sold-out development, designed by the architect Mould Murray, comprises 28 one, two and three-bedroom apartments, including penthouse-style apartments and&nbsp;oversized outdoor courtyards and terraces.&nbsp;

<figure><img alt="" class="image-article-full-width-580px" height="327" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/render-vs-reality-southbay-entrance-landscape.png?itok=zvR6QvZH" width="580" />

<figcaption>Left Image: Render of Southbay Entrance. Right Image: Finished Southbay Entrance.</figcaption>
</figure>

BCENTRAL&#39;s&nbsp;latest development is Cascade in Bentleigh at 27 Bent Street, a boutique collection of 31 two and three-bedroom apartments starting from $630,000.

[smartcode_project:default project_id=4592 project_image_fid=45162]

The Bent Street project, slated for completion around April 2022, has been designed&nbsp;by the awarded&nbsp;CBG Architects.

Spanning four levels, Cascade is set to have a&nbsp;6-star energy rating and open plan living spaces that flow out to private balconies or gardens

[smartcode_project:default project_id=3744]

ALIA is now McKinnon's tallest multi-residential building, with a northerly aspect and views of the city skyline, bay and Dandenong Ranges

Render v reality: How BCENTRAL's finished apartments stack up against its plans

There's no slowing down the&nbsp;rapidly active apartment developer GURNERTM, who is continuing to bolster its $7 billion pipeline.

Their latest play, following the announcement of the <a href="/news/qld/first-look-exclusive-gurner-reveals-1-25-billion-four-tower-surfers-paradise-apartment-development-la-pelago">$1.25 billion plans in Surfers Paradise</a>, is back on their home patch of Melbourne.

GURNER, led by the renowned developer Tim Gurner, has secured a site at 334 City Road in Southbank, and plans a $250 million, 40-level tower, which will have 400 apartments, ground-level retail, and a gym.

The joint venture with the Catalfamo family will feature&nbsp;what Tim Gurner refers to as ‘Melbourne’s hottest new rooftop venue’ in a celebration of the building’s past.

“This site is strategically located in the heart of the southern entertainment precinct within proximity to Crown Casino, South Melbourne and the Arts Precinct," Gurner said.

<a href="/news/qld/first-look-exclusive-gurner-reveals-1-25-billion-four-tower-surfers-paradise-apartment-development-la-pelago">Read more:&nbsp;First look exclusive: Gurner reveals $1.25 billion, four-tower Surfers Paradise apartment development La Pelago</a>

“We are increasingly building a portfolio of larger mixed-use projects where we can incorporate our wellness and concierge services as a longer-term play, and this project perfectly fits that model.

“Southbank is going through a renaissance of sorts with an increasing number of restaurants, bars and entertainment precincts while offering proximity to the best parts of Melbourne’s CBD, it allows us to do something special that will add to the flavour of the area while bringing our signature luxury approach to residential living.

<img alt="" data-entity-type="" data-entity-uuid="" height="1242" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/gurner_city_road_2.jpg" width="1200" />

The 1652 sqm site was once the home of the infamous Eve Nightclub, and more recently operated as a hostel, already has an existing permit in place.

GURNERTM has appointed its go-to architect collaborators Warren and Mahoney to redesign the scheme within the existing envelope, which has been re-submitted for council approval with plans for 400 one, two and three-bedroom residential apartments over 40 levels, along with a ground floor retail provision.

As has become the developer’s signature, the project has proposed plans for a unique amenity offering including a health and wellness precinct, a two-storey gym, a communal dining, cinema and entertainment precinct, dog wash and dog run, along with rooftop 
facilities.

<a href="/news/vic/why-tim-gurner-chose-collingwoods-smith-street-the-worlds-coolest-street">Read more:&nbsp;Why Tim Gurner chose Collingwood's Smith Street, the world's coolest street</a>

The project will form one of the developer’s landmark mixed-use developments as it increasingly looks to add more projects of scale to its pipeline in line with GURNERTM’s strategic outlook across a multi-faceted build-to-sell, build-to-rent, hospitality, wellness and lifestyle portfolio.

Gurner is hoping demolition will be able to start this year.

<img alt="" data-entity-type="" data-entity-uuid="" height="3479" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/gurner_city_road_3.jpg" width="1200" />

Gurner says he has been&nbsp;planning and preparing for this very deliberate growth period methodically over the past 36 months, and the business has never been in a better position to support this acquisition phase.

“I believe this next property cycle will move quickly and it will be critical to swiftly capitalise\ on the economic recovery period we are currently experiencing, underpinned by what I am forecasting will be significant movement and migration from overseas from 2022 onwards.

“Over the past eight years we have added a huge amount of experience within our team and our strategic finance partners, and we are now looking to deliver approximately 10 projects per annum across our boutique, mixed-use and multi-tower divisions,” he said.

Warren and Mahoney principal Nick Deans said 344 City Road’s architectural design deliberately sets out to establish a new level of luxury living in the Southbank precinct.

“Warren and Mahoney was pleased to be awarded this prestigious project following a highly competitive pitch and to further deepen our relationship with the team at Gurner. We’ve been collaborating for close to ten years and this incredible tower is just another great chapter in our strong and evolving relationship.

“The external façade of the building makes a bold statement, designed ‘in the round’ to ensure it delivers appeal from all aspects.

“With its defined crown structure atop of the building, the tower is a symbolic piece of architecture that will be highly visible on the skyline of Southbank and contribute to Melbourne’s broader city-scape. And those living there will enjoy uninterrupted views of the CBD and back to Port Philip Bay.

“ We’ve also worked closely with the Gurner team to prototype and implement the ‘Greener by Gurner’ sustainability aspirations for a carbon neutral development – a standard we’d like to see across the board.”

Their latest play, following the announcement of the $1.25 billion plans in Surfers Paradise, is back on their home patch of Melbourne.



Gurner plots 40-level mixed-use Southbank tower

The multi-award-winning Melbourne property developer Beulah has secured its next mixed-use development site.

The developer, headed by managing director Jiaheng Chan, has secured a corner site in Prahran, paying $11.4 million for the 1,132 sqm site at&nbsp;&nbsp;182-194 Commercial Road, opposite the well known Prahran Market.

They have plans to activate the community through a sustainable mixed-use development.

The site, on the corner of Izett Street, comprises six adjoining addresses near the recently completed $60 million Prahran Square project.

On the block is a multi-tenanted 1,087 sqm building with potential for future retail activation.

<a href="/news/vic/check-out-beulahs-best-melbourne-residential-projects">Read more:&nbsp;Check out Beulah&#39;s best Melbourne residential projects</a>

Jiaheng Chan said the team is excited to be able to contribute to the urban streetscape of Prahran as it continues to gentrify and evolve over time.

&ldquo;Prahran is currently going through an exciting evolution that is seeing a new generation of businesses set up shop, from forward-thinking restaurants and lifestyle-focused hotel chains,&quot; Chan said.

&ldquo;We&rsquo;re looking forward to offering a product that will add immense value to this inner-city pocket and will complement the renowned Prahran Market via retail, dining and public amenity, coupled with a residential offering not yet explored in this area.

&ldquo;This site will complement our growing boutique portfolio, which sits alongside the other growing arm of our business and that is large-scale, urban renewal precincts, such as that in Southbank.&rdquo;

Beulah are developing STH Bnk by Beulah, a mixed-use development on the current BMW showroom site on Southbank&#39;s&nbsp;City Road. It will comprise nearly 500 apartments and around 390 hotel rooms, as well as retail and office space.

[smartcode_project:default project_id=8804 project_image_fid=27929]

Beulah also recently announced the imminent release of its newest and most innovative residential project, The Wilds. The development features a collection of 15 carbon-neutral homes designed by leading design firm, Edition Office.

&ldquo;The global changes experienced in 2020 saw consumers prioritising health, wellbeing and sustainability, which closely informed our approach to The Wilds.

&quot;Similarly, we intend to draw on this research and approach in creating a thoughtful, sustainable and wellness-inspired design for Prahran,&rdquo; Chan said.

They have plans to activate the community through a sustainable mixed-use development.



Beulah secure Prahran site for mixed-use development

Apartment values across Melbourne rose 0.5 per cent over August, according to the latest data released by property data firm CoreLogic.

The&nbsp;August gains put apartment values up 1.6 per cent over the quarter, after 0.4 per cent growth over July and 0.8 per cent in June.

Over the year to date, values are up 6.6 per cent, with the median now sitting at $615,909. The median apartment price at the start of 2021 was $577,000.

[smartcode_project:default project_id=5328 project_image_fid=163914]

Melbourne house values rose 1.4 per cent over August, marking another month where house performance continues to outstrip apartments, although the gap is starting to narrow given renewed housing affordability constraints.

Throughout the first quarter of the year, capital city house values were rising approximately 1.1 percentage points faster than units each month. By August the average performance gap reduced to 0.7 percentage points.

CoreLogic&#39;s research director Tim Lawless believes the convergence of growth in house values and unit values could be another demonstration of affordability becoming more challenging.

[smartcode_project:default project_id=103179 project_image_fid=167471]

&ldquo;The narrowing gap between house and unit value growth is most noticeable in Australia&rsquo;s most expensive city, Sydney, where the monthly growth rate for houses was 2 percentage points higher than units in March.

&quot;That &lsquo;gap&rsquo; has now reduced to 0.6 percentage points in August.

&quot;Based on median values, Sydney units cost almost $470,000 less than a house. At the same time, the growth gap between houses and units in Melbourne and Brisbane has widened.&rdquo;

Unit rents are starting to rise in Sydney and Melbourne, which is a good metric for investors to follow. Australia&#39;s two biggest capitals were the hardest hit by the strict border closures and lack of international migration.

[smartcode_project:default project_id=100675 project_image_fid=170523]

Nationally, rents have lifted by 8.2% over the 12 months ending August, the largest rise in rents since 2008.

&ldquo;The weaker trend in unit rents across Australia&rsquo;s two largest cities is likely a reflection of their greater exposure to temporary overseas migrants as a source of rental tenancy, especially foreign students who would normally underpin inner city high rise rental demand, Lawless says.

&quot;The sharp drop in demand due to closed borders has been exacerbated by high supply levels as both cities come out of an unprecedented surge in inner city apartment construction,&rdquo; Lawless added.

Sydney unit rents have consistently risen each month during 2021, while in Melbourne, unit rents have been rising since June.

Unit rents are starting to rise in Sydney and Melbourne, which is a good metric for investors to follow

What happened to Melbourne apartment values over August?

Investors have been witness to the growing attractiveness of Melbourne&rsquo;s Heidelberg&nbsp;West in recent years, as the ramping government expenditure totalling more than half a billion dollars has started to snowball the suburb&#39;s underlying value.

Heidelberg West apartments have seen 5.3 per cent price growth per annum over the past 10 years, according to SQM Research. Population growth has been similarly steady, up 1.3 per cent per annum for the past decade, ABS and Urbis data found.

Demographics in the Heidelberg West area reflect a younger age demographic, with a higher proportion of residents renting their property. Some 59 percent of residents are renters, more than double the 28 per cent in Greater Melbourne average.

[smartcode_project:default project_id=628 project_image_fid=178962]

And there&rsquo;s potential for further growth in the area due to the $160 million Olympia Housing Initiative, which is set to revitalise housing in Heidelberg West, Heidelberg Heights and Bellfield. Outdated public housing is being replaced by more housing more appropriate to local demographics.

There&rsquo;s also the proposition of the $50 million redeveloped town square in Heidelberg West, as well as $210 million development in neighbouring Ivanhoe of an 8,900 sqm site that will include residential, aged care and child care facilities.

Growth in median weekly rents has been steady in the Heidelberg West/Heidelberg rental area over the past decade. Data indicates that one-bedroom units achieved the strongest growth, at 6.5% per annum for the last 10 years. This is above the Greater Melbourne average of 5%. Over the same period, two and three bedroom units grew at 5.2% and 4.3% per annum respectively, indicating continued demand for rental units across all sizes.

[smartcode_project:default project_id=628 project_image_fid=174210]

Heidelberg West has the lowest rental vacancy rate among the surrounding suburbs, currently at 1.3%.&nbsp;

Cultivate, at 294 Bell Street, has a walk score of 80, indicating a very walkable neighbourhood with easy access to grammar schools and colleges, universities, hospitals, research hubs and major retail centres. It also has extensive transport links and a direct road network.

[smartcode_project:default project_id=628 project_image_fid=178965]

Cultivate is located 12km north east of Melbourne&rsquo;s CBD. It is close to a range of employment, education, retail and services hubs including:&nbsp;

<ul>
	<li>Northland Shopping Centre</li>
	<li>Heidelberg Activity Centre</li>
	<li>Biomedical Alliance Precinct Specialised Activity Centre</li>
	<li>La Trobe University Bundoora</li>
</ul>

The proportion of residents working in white collar roles has been on the rise in Heidelberg West. The young age profile, high proportion of renters and prevalence of lone person households, is supportive of demand for apartment housing.&nbsp;

This is typical of a suburb that is undergoing gentrification and the same trend is evident in the adjacent suburbs nearer the Melbourne CBD, which have seen healthy price growth. It was even named a National Employment and Innovation Cluster by the Victorian Planning Authority.

National Employment Clusters are defined as, designated geographic concentrations of interconnected businesses and institutions that make a major contribution to the national economy and Melbourne&rsquo;s position as a global city.

[smartcode_project_cta: project_id=628]

Demographics in the Heidelberg West area reflect a younger age demographic, with a higher proportion of residents renting their property

Why investors are keen on Heidelberg West apartments, Cultivate

The latest apartment project by the award-winning developer,&nbsp;Pace Development Group,&nbsp;is set to invigorate a prominent corner site in&nbsp;Blackburn in Melbourne&#39;s east.

Designed in collaboration between Ascui and Co. Architects, interior designer Adele Bates and MDG Landscape Architects, Pace of Blackburn will see four buildings of modern apartments rise from Whitehorse Road, ideally located in close proximity to both transport and surrounding greenery.

There will be street-level retail at the foot of the development, as well as extensive resident amenity.

[smartcode_project:default project_id=7211 project_image_fid=158010]

Priced from $395,000, Urban has had a look at the development in more detail, and highlighted its key features.

1. Location

The corner site fronting Whi​tehorse Road and Railway Road puts residents in the heart of Blackburn, within walking distance to local amenity and extensive transport links connecting to the city.

Pace of Blackburn is just&nbsp;25 minutes to the CBD with frequent trains and buses. The bus routes 271 and 279 run near the development, and Blackburn train station is just a 10-minute walk.

There&#39;s nearby medical services and health and fitness centres. Investors are likely to see a decent uptake from students, with the development located just five kilometres from Deakin University. There are three other universities within an 11 kilometre radius.

[smartcode_project:default project_id=7211 project_image_fid=158009]

Pace of Blackburn does not only boast its own landscaped gardens and indoor pool but is close to one of Melbourne&rsquo;s largest pockets of greenery, Blackburn Lake Sanctuary.

Local residents can cycle or walk the network of trails that wind through 30-hectares of natural bushland and enjoy the peace that comes from sharing the space with local wildlife.

2. Amenity

Residents at Pace of Blackburn will share a large resort-style pool area, with an 18 metre lap pool and a children&#39;s splash pool set in extensive landscaping.

There will be a&nbsp;concierge service, with cold room storage for the safe keeping of groceries.

Residents can book a meeting space, a private dining room with a full chefs kitchen. There&#39;s also a library with a fireplace.

[smartcode_project:default project_id=7211 project_image_fid=144443]

3. Convenience

Residents will have access to multiple retail spaces on ground level.

A prominent supermarket chain will feature as the flagship tenant within the precinct, with other retailers to include cafes, restaurants, beauty boutiques and specialty stores, providing the residents and Blackburn locals with an inner-city style of living.

[smartcode_project:default project_id=7211 project_image_fid=158006]

4. The Design

The trio of well regarded architects and designers, Ascui and Co. Architects, interior designer Adele Bates and MDG Landscape Architects, have come together to design every feature down to every detail.

The exterior architecture by Ascui &amp; Co. complements the leafy streetscape of Blackburn, with views framed by oversized windows and an external fa&ccedil;ade that features warm earthy tones alongside lush landscaping to complete the scene.

[smartcode_project:default project_id=7211 project_image_fid=39984]

5. The Developer

Pace is one of the most respected developers in the business, having delivered over 100&nbsp;projects over the last 19 years.

The team won&nbsp;the Master Builders Victoria award for Excellence in Construction - Highrise Buildings 2020 for their Abbotsford development, Pace of Abbotsford.

It was&nbsp;Pace&#39;s second consecutive win of the award, having won it in 2019 for their Collingwood project Pace of Collingwood, their 100th project.

[smartcode_project_cta: project_id=7211]

Urban takes a look at five reasons you should consider a home at the new development by Pace Development Group

max.kwok_55688

Five reasons why Pace of Blackburn apartments should be on a buyer's shortlist

The residential redevelopment by Lendlease of the Channel Nine studio site in Richmond is expected to be one of the most impressive regeneration projects of an industrial heritage&nbsp;building in the area when completed.

And that&#39;s seen buyers snap up the small collection of terraces, designed by the award-winning Bates Smart to incorporate the former Wertheim Piano Factory, which was built over a century ago.

Urban recently spoke to Bates Smart studio director Mark Healey about the Bendigo Street project.

JR: What was the brief from Lendlease for Gramercy Terraces?

MH: The brief was to provide a high-end product offering with a true sense of identity that respected the heritage context.

Lendlease sought the development to be part of a vibrant and sustainable inter-generational precinct within the Richmond neighbourhood, creating a strong sense of place.

The low-maintenance residential terrace homes are predominately targeted at young professionals, young families and agile downsizers.&nbsp;

[smartcode_project:default project_id=95458 project_image_fid=169944]

Linking Gramercy Terraces to the common theme of the wider precinct, whilst also having their own unique identity to promote the individuality of the product was important.&nbsp;

JR: How will you incorporate the current building into the design?

MH: The Gramercy Terraces are responsive to the neighbouring textures, rhythm and depth found within the fine grain residential and heritage context to create a familiar atmosphere.

The fa&ccedil;ade expression references the mass and generous vertical elements of the adjacent heritage building within the broader development.

[smartcode_project:default project_id=95458 project_image_fid=169943]

The building forms also tie in with precinct wide datum, allowing Gramercy Terraces to stitch seamlessly into its immediate context and Richmond cottage streetscapes.

Implementation of similar fa&ccedil;ade materiality in different tone to subtly unify Gramercy Terraces with other buildings within the precinct assists.

JR: How will the history be reflected in the terraces when completed?

MH: Building on the broader GTV9 site&rsquo;s historical setting as a place of production, our design language was influenced by a contemporary, refined, industrial aesthetic; combined with a focus on natural materiality extracted from the local context.

Gramercy Terraces drew inspiration from the iconic Federation-era red brick buildings of the precinct, while paying homage to the former Nine Network studio&rsquo;s colour past. Gramercy Terraces also speak to the character of local terrace house language with landscaped entry.

[smartcode_project:default project_id=95458 project_image_fid=169945]

Contextually responsive materials such as textured brickwork and local bluestone were selected, adding a sense of permanence.

Richmond&rsquo;s rich industrial history of craft also informed the materiality selected for the interior.&nbsp;&nbsp;Warm terrazzo stone with metalwork reference the surrounding context but are refined and contemporary in their interpretation.

JR: What is/was the biggest challenge in the design? 

MH: The largest challenge was to relate the terrace&rsquo;s scale and materiality to the neighbouring context whilst also giving them their own unique identity. The massing of each home has been carefully articulated in order to add diversity to the streetscape and achieve active frontages.

[smartcode_project:default project_id=95458 project_image_fid=169947]

JR: Was there a previous similar project you&#39;ve undertaken which you took inspiration from, or that gave you ideas in the design of Gramercy Terraces?

MH: There is no one project that provided individual design inspiration, however we do believe our residential design is influenced by other sectors in which we work - such as health and hospitality.

We believe this cross-sector approach brings a deeper and more nuanced approach to our design; experience rich spaces that people want to use and will enjoy.

[smartcode_project:default project_id=95458 project_image_fid=169942]

Coupled with this approach, Bates Smart has also delivered over one&nbsp;million sqm of residential projects over the past 20 years leading to resolved and well-planned residences. &nbsp;

JR: What is the part of the project you&#39;re most looking forward to seeing when completed? 

MH: We are looking forward to seeing the mix of residential building typologies all come together as a whole, that allows families of all generations to reside within one integrated precinct.

Both Gramercy Terraces and the wider precinct respect the site&rsquo;s rich heritage and celebrate diversity with timeless appeal.

[smartcode_project_cta: project_id=95458]

The award-winning Bates Smart incorporated the former Wertheim Piano Factory, which was built over a century ago.



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