<a href="https://www.apartments.com.au/developments/broadbeach-qld-4218">Broadbeach</a> offers plenty of reasons to live vertically, but moving from a substantial family home into an apartment can expose the compromises of high-density living. Privacy, room for guests and usable living space tend to matter more when an apartment is intended as a permanent home rather than an occasional coastal base.

A typical residential floor at <a href="https://www.apartments.com.au/new-apartments/the-eveleigh-broadbeach-7-9-surf-parade-broadbeach-qld-4218">The Eveleigh</a>, on Surf Parade,&nbsp;contains just four apartments. The 94-residence development by <a href="https://www.apartments.com.au/developers/hirsch-faigen">Hirsch &amp; Faigen</a> is predominantly made up of expansive three-bedroom homes, with a limited collection of half-floor penthouses above.

Across the apartment floors, <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a> has used the relatively limited number of residences to give each home greater access to natural light and outlook. Living spaces extend towards full-height glazing, while a series of bay windows frame selected views across the Pacific Ocean, city and hinterland rather than treating the building edge as a continuous wall of glass.

&nbsp;

[smartcode_project:default project_id=149670 project_image_fid=360965]

“The apartment floors deliver a collection of homes that embrace controlled outlook via a series of bay windows deliberately framing moments of view,” Rothelowman Director Kim Lowman said.

From outside, those projecting forms contribute to the tower’s faceted profile. Strong horizontal and vertical elements establish its proportions, while the changing position of the sun alters the light, shadow and reflection across the façade throughout the day.

The same attention moves inside the apartments, where the material palette combines warm timber, natural stone, metallic detailing and softer curved forms. Kitchens sit within the main living zone, with stone island benches, integrated joinery and European appliances, before the living areas extend towards the glazing and the outlook.

&nbsp;

[smartcode_project:default project_id=149670 project_image_fid=360981]

Three genuine bedrooms provide room to accommodate family and guests, while two secure car spaces and storage address some of the practical considerations that can become more noticeable when moving from a larger home. Feedback from the display suite has centred on the warmth and restraint of the interiors, with buyers commenting that the residences feel like homes rather than conventional coastal apartments.

A limited collection of half-floor penthouses occupies the upper levels, increasing the scale of the living spaces and adding private balconies and elevated finishes. From this position, the outlook extends between the ocean and hinterland.

Outside the private residences, The Eveleigh separates its shared spaces between the podium and rooftop. The podium is centred on wellness, with subtropical landscaping surrounding a swimming pool and pool terrace, yoga garden, private gymnasium, sauna and hot and cold plunge facilities. Landscaped retreats and pavilions provide additional places to sit away from the main recreation areas.

&nbsp;

[smartcode_project:default project_id=149670 project_image_fid=360966]

Higher in the building, a rooftop pavilion and private dining suite sit alongside resident lounge, barbecue and outdoor dining areas, opening towards panoramic views across the ocean, city and hinterland.

“Buyers are no longer just looking for an apartment, but a lifestyle where they can relax, reset, and enjoy a balanced way of living,” Hirsch &amp; Faigen Director of Sales Matt George said.

Interest to date has come from established owner-occupiers and interstate lifestyle purchasers, including buyers planning a future move to the Gold Coast. Many are coming from larger homes and want to reduce ongoing maintenance without giving up space for family and guests, privacy, two car spaces or the ability to entertain at home.

&nbsp;

[smartcode_project:default project_id=149670 project_image_fid=360969]

Much of that daily life can also take place beyond the building without requiring a drive. Kurrawa Beach and Pratten Park are an easy walk from Surf Parade, while Pacific Fair, Oracle Boulevard, The Oasis, restaurants, cafés, entertainment and public transport are also within walking distance.

The Eveleigh is Hirsch &amp; Faigen's fourth Gold Coast development since entering the market in 2021, following The Hemingway at Palm Beach, The Emerson at Kirra and Yves at Mermaid Beach. Each of the preceding projects sold out before completion.

“Broadbeach had been on our radar throughout our time operating on the Gold Coast,” the developer said. “Following our projects in Palm Beach, Kirra and Mermaid Beach, Broadbeach represented the natural next step for the business.”

The Surf Parade site brought together proximity to the beach, protected coastal outlooks and walkability to dining, shopping and recreation. Hirsch &amp; Faigen also identified the street as an emerging premium residential address, with enough separation from Broadbeach's busier destinations to retain a quieter environment at home.

The Eveleigh is now under construction by Maxcon, with completion forecast for mid-2028. Three-bedroom residences are currently available from $2.87 million.

[smartcode_project_cta:default project_id=149670]

Joel Robinson

The Eveleigh brings house-like apartments to Broadbeach

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

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

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

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

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

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

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

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>

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Ellen Walker

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

<a href="https://www.apartments.com.au/developers/far-east-consortium">Far East Consortium</a> is preparing to commence construction on <a href="https://www.apartments.com.au/new-apartments/640-bourke-street-melbourne-640-bourke-street-melbourne-vic-3000">640 Bourke Street</a> this October, marking the next milestone for the Melbourne CBD development and its higher-end Eliza Collection.

Spanning levels 44 to 68 of the 68-storey <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a>-designed tower, the Eliza Collection has been conceived as a lower-density offering within the broader development, with only five apartments on each floor, dedicated lift access and a collection of resident spaces reserved exclusively for Eliza Collection residents.

The Eliza Collection forms part of Far East Consortium's broader move toward larger-format residences at 640 Bourke Street, where the number of apartments was reduced from earlier plans as apartment sizes increased.

[smartcode_project:default project_id=509 project_image_fid=365685]

"What it's meant for 640 Bourke is we've actually reduced the number of apartments. We've increased the overall size of the apartments. We don't have any studios in here, and what that does for a project is it elevates it," Far East Consortium Director of Sales and Marketing Lauren Sheldon said.

Rothelowman Associate Jun Chang said the design process provided an opportunity to create more generous floorplans.

"We were given the opportunity to be more generous. The apartments became bigger and squarer than any other apartments which had been designed in the CBD before that."

[smartcode_project:default project_id=509 project_image_fid=368869]

That thinking carries through to the Eliza Collection, where the residences have been designed around the space and functionality associated with a larger home, but positioned high above the centre of Melbourne.

Kitchens are equipped with Gaggenau appliances, a butler's pantry, temperature-controlled wine cabinet and sculptural pendant lighting, while engineered timber flooring, stone and porcelain finishes and custom cabinetry feature throughout the broader interiors.

Privacy and security are another point of distinction. Eliza Collection residents have dedicated lift access, while 640 Bourke Street will provide concierge services and secure resident parking. Short-stay accommodation, including Airbnb, will not be permitted within the development.

[smartcode_project:default project_id=509 project_image_fid=365689]

Eliza Collection residents will also have exclusive access to selected amenity spaces across levels one and three of the restored Eliza Tinsley building. These include the Salon with grand piano, an art therapy room, private dining rooms and treatment rooms.

They sit within more than 3,000 sqm of amenity planned across 640 Bourke Street, alongside facilities including a pool, gym, whisky lounge and further social and wellness spaces.

The Eliza Tinsley building itself is central to the wider project's identity. Rather than treating the existing Eliza Tinsley façade as a separate element, Rothelowman used it as a starting point for the architecture of the new tower, with the historic building to accommodate the project's gallery and lobby.

"It's a significant asset and wants to be celebrated and experienced by all residents every single time they go in and out of the building," Rothelowman Principal Stuart Marsland said.

[smartcode_project:default project_id=509 project_image_fid=368872]

The tower will rise behind the retained heritage building at 640 Bourke Street, placing residents within walking distance of Southern Cross Station, Flagstaff Gardens, Queen Victoria Market and the Docklands waterfront.

With construction scheduled to begin in October, Far East Consortium has established an onsite display gallery at 640 Bourke Street, including fully built apartments that allow the project's layouts, materials and finishes to be inspected at full scale.

A fully built Eliza Collection apartment is also available to view at the display suite by appointment ahead of the planned October construction commencement.

Eligible purchasers who buy before construction commences can secure the full available off-the-plan stamp duty savings, subject to eligibility and applicable conditions.

[smartcode_project_cta:default project_id=509]

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

YarraBend in Melbourne&#39;s Alphington was named as the future&nbsp;&quot;world&rsquo;s most liveable suburb,&rdquo; by The Future Lab,&nbsp;one of the world&#39;s most renowned futures consultancies, in 2018.

They expect it to become the world&#39;s most liveable suburb by 2025, topping cities around the world such as San Francisco, Stockholm, Seattle and Toronto.

&quot;Suburbs of the future will generate their own energy, contain their own innovation hubs, monitor our health levels, check our wellbeing, even crowdsource civic engagement at the tap of a screen,&quot; Future Lab advised.

&quot;Developments such as YarraBend are at the forefront of profound cultural shifts in which people &ndash; and buildings &ndash; are optimising everything, which is why we&rsquo;ve identified that it will become the World&rsquo;s Most Liveable Suburb in the future.&quot;

[smartcode_project:default project_id=107514 project_image_fid=170760]

Since it was dubbed to be the world&#39;s most liveable suburb three years ago, the developer Glenvill, doubled down on factors like&nbsp;communities being optimised through technology and design, supporting convenience, wellbeing, connectedness, collaboration and sustainability.

Glenvill partnered with the renowned&nbsp;teams at DKO Architecture, Multiple, Technē Architecture + Interior Design to create YarraBend,&nbsp;complete with four parks,&nbsp;a state of the art health and wellness centre, complete with an indoor spa, yoga and spin rooms with virtual reality and real life classes, massage rooms, Technogym equipment and an indoor pool.

They also focused on community initiatives like a gallery space, art installations and an annual art prize for local artists valued at $50,000 over five years.

There is also an indoor and&nbsp;outdoor cinema bookable via the YarraBend app, as well as many a rooftop terrace, home to&nbsp;lounges, barbeque facilities and more.

[smartcode_project:default project_id=107514 project_image_fid=170767]

Another facility available to all residents&nbsp;across the six precincts; Mills, Parkview, Artisan, Heritage, River Quarter and Outer Circle, is the WorkLab, an innovative co-working space convenient&nbsp;especially for those who dread&nbsp;commuting.

Located a short stroll from anywhere in YarraBend, residents can book a space any time at one of the multiple workstations, the meeting room or lounge area.

Dubbed as the world&rsquo;s first Tesla Town, the suburb will also feature Telsa Powerwalls in select residences to reduce energy costs and offer electric car charging points.

YarraBend will also play home to an artisanal food district, curated by one of Australia&rsquo;s top chefs, Scott Pickett, boasting popular restaurants, cafes and bars.

[smartcode_project:default project_id=107514 project_image_fid=170768]

Cubic House, part of the reincarnation of the former Alphington Paper Mill site, is one of a number of residential components of YarraBend.

The contemporary apartment building of 89 apartments, designed by&nbsp;DKO&nbsp;and&nbsp;Technē Architecture, is slated for completion in 2024, toward the final stages of the whole of YarraBend.

Cubic House will comprise primarily one and two-bedroom apartments. Its completion will be toward the final stages of YarraBend.

[smartcode_project_cta: project_id=107514]

Cubic House, part of the reincarnation of the former Alphington Paper Mill site, is one of a number of residential components of YarraBend

jordan_55689

Why Glenvill's YarraBend in Melbourne was dubbed the world's future most liveable suburb

Melbourne's dearest weekend result was when $1,629,500 was paid for a four bedroom, four bathroom townhouse at 21a Melva Street, Bentleigh East.

The Jellis Craig price guide had been $1.42 million to $1.52 million.

It was marketed as "effortless family excellence in the McKinnon Secondary College zone."

The contemporary 2020 built home has Oak floors, stone basins, black tapware, plush carpet, a water tank, and an auto garage.&nbsp;

The ANZ price predictor REALas forecast it would sell at $1,493,000.

Melbourne's auction clearance rate was hit by high withdrawals as prospective buyers are unable to physically inspect a property given pandemic lockdowns.

CoreLogic calculated a 40 percent Melbourne success rate after these high withdrawals.

Melbourne agents advised 188 results of the 267 offerings.

Sales included 25/94-96 Cavanagh St, Cheltenham for $650,000 to a local first home buyer through Angela Limanis of Ray White Cheltenham.

The vendor couple bought their first home together in 2011 for $336,500, and recently moved within Cheltenham have been renting their unit out at $420 a week.

The national apartment clearance rate was 56 percent while the house success rate sat at 65 percent.

Sydney agents advised 158 of 176 apartment results with a strong 82 percent selling.

Melbourne's auction clearance rate was hit by withdrawals as prospective buyers are unable to physically inspect a property.



jchancellor-FAypfDUnLy

Modern Bentleigh East townhouse tops Melbourne weekend results

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.

[smartcode_project:default project_id=29048 project_image_fid=151677]

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.

[smartcode_project:default project_id=29048 project_image_fid=151676]

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.

[smartcode_project:default project_id=29048 project_image_fid=80695]

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.

[smartcode_project:default project_id=29048 project_image_fid=80698]

Living spaces are generous and inviting with adjoining north-facing balconies giving you plenty of sunlight to enjoy throughout the day.

[smartcode_project_cta: project_id=29048]

Living in Moorabbin has been easy for residents, with all apartments sold so far purchased by owner-occupiers, bar one.

max.kwok_55688

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



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.

[smartcode_project:default project_id=29048 project_image_fid=151676]

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.

[smartcode_project:default project_id=29048 project_image_fid=151679]

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.

[smartcode_project:default project_id=29048 project_image_fid=80698]

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.

[smartcode_project_cta: project_id=29048]

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.

[smartcode_project:default project_id=5559 project_image_fid=88244]

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;

[smartcode_project:default project_id=3127 project_image_fid=31085]

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.

[smartcode_project:default project_id=3127 project_image_fid=31092]

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.

[smartcode_project_cta: project_id=3127]

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.

[smartcode_project:default project_id=5328 project_image_fid=164747]

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;

[smartcode_project:default project_id=5328 project_image_fid=164757]

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.

[smartcode_project_cta: project_id=5328]

Caydon Property’s Rise delivers a luxury living experience with spacious floorplans, cutting-edge interiors, floor-to-ceiling windows and numerous amenities.

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.

[smartcode_project:default project_id=100675 project_image_fid=167528]

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.

[smartcode_project:default project_id=100675 project_image_fid=170528]

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.

[smartcode_project:default project_id=100675 project_image_fid=167532]

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.

[smartcode_project:default project_id=25891 project_image_fid=58295]

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.

[smartcode_project:default project_id=25891 project_image_fid=58296]

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.

[smartcode_project_cta: project_id=25891]

Comprising just 28 apartments and five townhomes, 55 Hardiman pays homage to the area’s traditional industrial buildings

Latest Victoria Property News

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

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

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