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.

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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.

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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.

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<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?

Buyers interested in Richmond&rsquo;s latest project, Gramercy Terraces, have been advised they may &ldquo;miss out&rdquo; as only two townhouses remain in the successful Lendlease development.

Gramercy Terraces is a new boutique offering composed of freehold three and four-bedroom terrace homes, in the desirable eastern pocket of Richmond.

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&ldquo;Enjoy the perfect harmony of inner-city living and leafy tree-lined streets, in a home with refined contemporary finishes inspired by its industrial heritage&rdquo;, the developers said.

The elegant development boasts Miele appliances, artisan tapware, Italian stone, tiles, pavers, and a designer light pendant artistically suspended over an expansive stone kitchen island bench.

[smartcode_project:default project_id=95458 project_image_fid=169940]

Designed by one of Melbourne&rsquo;s most renowned architects, Bates Smart, each terrace has been meticulously designed.

Through spacious floorplans and playful shapes, an abundance of natural light beckons from one space to the next thanks to extensive skylights.

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The floating timber central staircase brings warmth into the centre of the home and offers the feeling of unrivalled space.

Families will appreciate the choice of quality education within close range, including Melbourne Girls College, Melbourne High School, St Catherine&rsquo;s School and Hawthorn West Primary School.

[smartcode_project:default project_id=95458 project_image_fid=169944]

Significant stamp duty savings are currently available for eligible buyers.

[smartcode_project_cta: project_id=95458]

Significant stamp duty savings are currently available for eligible buyers. 

max.kwok_55688

Only two townhouses remain at Lendlease’s new Gramercy Terraces in Richmond

Richmond is renowned for its many lifestyle offerings and Lendlease&rsquo;s new townhouse development, Gramercy Terraces, is within a short walk from all of them.

Located just four kilometres from the heart of Melbourne, Richmond is known for its Swan Street dining scene, walking trails along the Yarra and the shopping of nearby Hawthorn.

Gramercy, which is situated at 38 Bendigo Street, builds upon the multi-generational precinct&rsquo;s rich cultural history.

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Constructed in 1908, the original building was home to the Wertheim Piano Factory, the brand of choice for several famous performers of the time, including Australian operatic soprano, Dame Nellie Melba.

Around 18,000 pianos were manufactured at the site before the onset of the Great Depression in 1935.

With a history spanning the industries of music, food and entertainment, the site was reinvented by another icon, Channel Nine Studios, at the advent of television.

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GTV 9 was Melbourne&rsquo;s second commercial station, dubbed &lsquo;Television City&rsquo;, an homage to CBS&rsquo; famous studio in the US which went by the same name.

Some of Australia&rsquo;s most iconic television shows there up until 2010, including The Don Lane Show, Hey Hey It&rsquo;s Saturday and Who Wants To Be A Millionaire. 

Gramercy Terraces&rsquo; namesake is a nod to music legends and the rich musical history of the site.

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&ldquo;[Grammercy is] not just a name, but a word synonymous with music greats and a grand Manhattan hotel with an inspiring rooftop terrace vibe&rdquo;, Lendlease said.

Grammercy is an independent record label, while New York&rsquo;s Gramercy Park Hotel has played host to music legends from Bob Dylan to Bob Marley and features a notable rooftop terrace perfect for inspiring alfresco entertaining.

Meticulously designed by award-winning architects Bates Smart, Richmond&rsquo;s Gramercy Terrace also boasts an alfresco lifestyle with outdoor terraces and balconies.

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The two and three-bedroom freehold townhomes deliver a grand sense of space, complimented by bespoke details and sensible design.

Ideal for growing families, homes include spacious floorplans and study nooks and reside on quiet, leafy tree-lined streets.

Families will appreciate the choice of quality education within close range, including Hawthorn West Primary School and Melbourne Girls College.

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Richmond&rsquo;s gems are hidden around every corner, with up-and-coming restaurants, art at Charles Nordrum gallery and walking trails along the riverbank.

Burnley Station, tram services and free-ways are all easily accessible adding to life&rsquo;s conveniences.

[smartcode_project_cta: project_id=95458]

Gramercy, which is situated at 38 Bendigo Street, builds upon the multi-generational precinct’s rich cultural history. 

The rhythm of Richmond: Discover the development positioned to make the most of Richmond life

Only two new terrace homes remain at Lendlease&rsquo;s latest Richmond development, Gramercy Terraces.

The three and four-bedroom freehold homes are designed to deliver grand floorplans and refined contemporary finishes, inspired by Richmond&rsquo;s industry heritage.

[smartcode_project:default project_id=95458 project_image_fid=169943]

Set on a leafy tree-lined street, the site is&nbsp;of significant cultural history, formerly home to the Wertheim Piano Factory, Heinz and, until 2010, Channel Nine Studios.

Just four kilometres from the heart of Melbourne, Gramercy delivers convenient living and a variety of local amenity, from shopping, food and the vibrant natural offerings of the neighbourhood.

Urban takes a look at three of the featured floorplans still available at the Richmond project.

1. 21 Khartoum Street

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This four-bedroom, three-bathroom home is amongst the largest still available at the Gramery Terraces development.

Boasting a total area of 343sqm, the four-storey home includes two car spaces, built-in robes, four balconies and a terrace.

The home includes Miele appliances, artisan tapware, Italian stone, tiles, pavers, and a designer Jean Francois D&rsquo; light pendant artistically suspended over an expansive stone kitchen island bench.

[smartcode_project:default project_id=95458 project_image_fid=169941]

The master-bedroom sits on its own floor on the top level of the townhome, featuring an ensuite, walk-in robe, north-facing balcony

2. 6A Khartoum Street

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The last townhome available with a tranquil backyard and a second living space, 6A Khartoum Street features a unique floorplan.

Designed by Bates Smart, this home features oversized living spaces, three bedrooms and three bathrooms, set over a total area of 275sqm.

An open-plan living, kitchen and dining area welcomes residents home, extending into an alfresco terrace and backyard with in-ground rain water collection.

[smartcode_project:default project_id=95458 project_image_fid=169942]

The home comes with a one-car garage, two balconies and two bedrooms that boast an ensuite and balcony.

3. 11 Khartoum Street

The largest home still available, 11 Khartoum Street boasts four bedrooms and three bathrooms over a total area of 358sqm.

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Thoughtfully crafted and inviting, the new home includes a lift and is a sanctuary designed around peaceful outdoor areas that offer a tranquil respite in the hum of the city.

Enhancing the sense of space, it is the only design with three different aspect views thanks to its sought-after corner position.

[smartcode_project:default project_id=95458 project_image_fid=169939]

The home boasts a study nook, walk-in robes, open-plan living, kitchen and dining, and built-in barbeque area on one of the five balconies.

[smartcode_project_cta: project_id=95458]

Urban takes a look at three of the featured floorplans still available at the Richmond project

Floorplan focus: The last available townhouse configurations at Richmond’s Gramercy Terraces

Armadale, located in Melbourne&rsquo;s inner south-east, is located in the heart of one of the city&rsquo;s most exclusive areas.

Possessing&nbsp;great shopping on High Street and the largest concentrated area of recognised art and antique galleries anywhere in Australia, Armadale&nbsp;provides numerous premium retail, dining and lifestyle choices to its residents.

[smartcode_project:default project_id=2845 project_image_fid=169328]

Bensons Property Group&rsquo;s apartment building, Chronicle, which homes just 31 apartments, is located central to it all at 948-960 High Street.

The refined homes suit modern lifestyles and discerning tastes, with flexible floorplans, intelligent design, and ageless style.

[smartcode_project:default project_id=2845 project_image_fid=169337]

At Chronicle, each day is welcomed looking through expansive windows out over Armadale.

One of Melbourne&rsquo;s most established residential neighbourhoods, walking through the leafy tree-lined streets boast historic character and heritage charm.

[smartcode_project:default project_id=2845 project_image_fid=169341]

Afterall, Armadale is known for its grand architecture, leading private schools and premier shopping.

The vibrant streets of St Kilda and the bustling CBD are also not far from home, with trains and trams on the doorstep providing easy access to local amenity.

[smartcode_project:default project_id=2845 project_image_fid=169327]

According to SQM Research, the gross rental yield for units in Armadale is 2.9 per cent.

The final home available to buyers is a three-bedroom, two-bathroom residence, situated on the third floor.

Set over a total area of 116sqm, the third-floor apartment includes an open-plan living and kitchen, built-in robes and a balcony.

[smartcode_project_cta: project_id=2845]

Armadale, located in Melbourne’s inner south-east, is located in the heart of the city’s most exclusive area

Enjoy the Armadale lifestyle: The local amenity on offer to Chronicle residents

Chronicle Armadale is a collection of just 31 three-bedroom residences, located on the dress circle&nbsp;High Street and set&nbsp;in one of Melbourne&rsquo;s most established retail and lifestyle destinations.

Apartment 304 is the last remaining three-bedroom apartment available&nbsp;in the refined development, boasting an intelligent floorplan and flexible spaces.

Delivered by Bensons Property Group, Chronicle has a strong sense of composition, with flexibility and expression.

[smartcode_project:default project_id=2845 project_image_fid=169729]

&ldquo;From the beginning, Chronicle has been inspired by movement. The same concepts which form classical dance &ndash; grace, poise, strength, tradition, beauty &ndash; have driven us to craft new homes of rare beauty&rdquo;, Bensons&rsquo; Rick Curtis said.

The apartment presents an elegant aesthetic, with the use of sliding panels for flexibility, energy efficient initiatives and stylishly appointed interiors.

[smartcode_project:default project_id=2845 project_image_fid=169324]

Set over a total area of 116sqm, the third-floor apartment includes two bathrooms, an open-plan living and kitchen, built-in robes and a balcony.

The carefully selected interior palette includes elegant materials and textures inspired by copper and herringbone.

[smartcode_project:default project_id=2845 project_image_fid=169339]

In the kitchen, integrated Miele appliances are complemented by stone benchtops, a beautiful splashback and fine, 2 pac gloss-finished cabinetry.

Although Melbourne&rsquo;s dining scene is internationally renowned, staying home at Chronicle is also an attractive option, thanks to considered residences, abundant light and a feeling of relaxation.

[smartcode_project_cta: project_id=2845]

Delivered by Bensons Property Group, Chronicle boasts a strong sense of composition, with flexibility and expression

A look inside Apartment 304: The last remaining residence at Armadale’s Chronicle by Bensons Property Group

Brighton, in Melbourne&rsquo;s exclusive Bayside precinct, is one of the most-sought after, and most expensive, areas of real estate in Victoria.

Rarely does an opportunity for a first home buyer come along. But the local Southend Property Group is developing their newest boutique apartment development, Southend, with first home buyers at the forefront of their thinking.

They&rsquo;ve priced their one-bedroom apartments from $549,000, and the two-bedroom apartments from $694,000. They&rsquo;re about a third cheaper than the next most affordable development currently on the market at Brighton, which is priced from $1.8 million for a two-bedroom apartment.

The median apartment price in Brighton is $895,000, according to SQM Research.

[smartcode_project:default project_id=94152 project_image_fid=171494]

Metaxas Architects has designed the low-rise, three-level development of just 22 apartments. Each apartment has open plan living spaces which opens to a balcony or terrace. Cobuild are handling the construction.

Southern is located at 604-608 Hampton Street, an enviable location where residents can step directly out to Hampton Street&rsquo;s thriving cafes and shops, stroll down to Were Street Village&rsquo;s gourmet groceries and walk to South Road beach.

Comprising just 22 apartments constructed by Cobuild, the three level building was designed to provide open plan living spaces that open to a balcony or terrace.

[smartcode_project_cta: project_id=94152]

Southend Property Group is developing their newest boutique apartment development, Southend, with first home buyers at the forefront of their thinking

jordan_55689

Rare first home buyer opportunity in Melbourne’s Bayside Brighton apartment market

Sixth Avenue, delivered by the Aultun Group, was one of Urban&#39;s most popular projects among first home buyers and investors in the first half of 2021. In fact it was so popular that the most recent Stage 3 was launched ahead of schedule.

The collection of 59 two, three and four-bedroom townhomes offers ideal bayside living, designed by renowned Point Architects.

Set in Chelsea Heights, the near coastal suburb south-east of Melbourne, Sixth Avenue features light-filled interiors, bespoke landscaping and recreational amenities within easy reach. &nbsp;

[smartcode_project:default project_id=32136 project_image_fid=93831]

The contemporary design boasts customisable floorplans, split system air-conditioning and thermal insulation for comfort.&nbsp;

Engineered oak timber flooring can be found throughout the living areas, with large format tiles in all bathrooms. Frameless walk-in showers and bespoke floating vanities are representative of the home&#39;s modern design.

Floor Plan options still available for purchase:

<ul>
	<li>Two bed, one bath, one parking spaces, 96 sqm, $630,000</li>
	<li>Three bed, two bath, one/two parking spaces, 195 sqm, $730,000</li>
</ul>

[smartcode_project:default project_id=32136 project_image_fid=93832]

Aultun has been environmentally conscious in their approach to the townhomes. Each townhome is fitted with water-efficient tapware and showerheads, as well as energy-efficient LED lighting. &nbsp;

The townhome&#39;s modern design boasts light filled interiors finished with high quality fixtures, like crisp tapware. There are Artusi appliances in each kitchen, with stone benchtops and porcelain splashbacks.

Each home features landscaped gardens, with recycled water by Melbourne Water for garden irrigation.

The four bedroom townhouses have sold out. Sixth Avenue is offering its final two and three bedders, priced from $630,000 and ranging to&nbsp;$730,000.

[smartcode_project_cta: project_id=32136]

The collection of 59 two, three and four-bedroom townhomes offers ideal bayside living, designed by renowned Point Architects

Floorplan Focus: A look at the final townhouses on offer at Sixth Avenue in Chelsea Heights

Boasting communal amenities and a vibrant community feel, Box Hill is an area with its residents&rsquo; best interests at heart.

R&amp;F Property&rsquo;s latest multi-residential development, Prospect Apartments, is ideally located in this fast-growing melting pot suburb.

Box Hill features a sensational multicultural food scene, hosting almost every cuisine imaginable in restaurant form.

[smartcode_project:default project_id=3516 project_image_fid=153766]

&ldquo;However, it is Asian food that rules this suburb&rdquo;, R&amp;F Property said. An impressive collection of restaurants rivals that of the CBD and Chinatown.

A short walk from Prospect is Box Hill Gardens, the recreational epicentre of the East Melbourne suburb, including playgrounds, cricket pitch and barbeque facilities.

This once quaint suburb has evolved and is constantly on the move, described as thriving and cosmopolitan, yet homely, with couples and families making up 37.7 per cent of the suburb&rsquo;s demographics, according to REA.

[smartcode_project:default project_id=3516 project_image_fid=153760]

Box Hill has become a major educational destination thanks to easy access to the freeway and endless public transport options.

It hosts Deakin University and the Box Hill Institute, as well as primary and secondary offerings.

The suburb also offers great investment opportunities, with weekly asking property prices on two-bedroom rising 8.1 per cent in the last quarter alone, according to SQM Research.

[smartcode_project:default project_id=3516 project_image_fid=153756]

Prospect Apartments delivers discerning buyers the choice to enjoy hotel-style living experiences amongst this diverse community.

The collection of 193 residences is a clean addition to Box Hill&rsquo;s skyline. Designed by Hayball, the exterior boasts an elegant and refined form with a poised glass fa&ccedil;ade.

Each apartment offers residents a choice between an East Scheme and West Scheme, each offering unique design perspectives that present a calming family space.

[smartcode_project:default project_id=3516 project_image_fid=153762]

Among the project&rsquo;s numerous amenities includes a porte-coch&egrave;rre, pool gym and concierge service.

Prospect is expected to reach completion in 2022.

[smartcode_project_cta: project_id=3516]

Boasting communal amenities and a vibrant community feel, Box Hill is an area with its residents’ best interests at heart

Rich in diversity and community spirit: Find your way to Melbourne’s Box Hill

With hotel-style amenities, a vibrant community and contemporary design,&nbsp;Prospect Apartments in Box Hill&nbsp;provides the ideal location for a new home.&nbsp;

Situated at 9 Prospect Street,&nbsp;the development is one of&nbsp;R&amp;F Property&rsquo;s latest multi-residential projects.&nbsp;

Boasting a collection of 193 apartments in one, two and three-bedroom configurations, Prospect seamlessly blends two cultures to create an inviting residential community.

Urban takes a look at six of Prospect&rsquo;s top selling points.

1. Stunning views of Melbourne&rsquo;s CBD and Dandenong ranges

[smartcode_project:default project_id=3516 project_image_fid=153753]

With a poised glass exterior, Prospect&rsquo;s floor-to-ceiling windows are not just a clean addition to the Box Hill skyline but offer residents stunning views.

Lookouts to Melbourne&rsquo;s CBD and the Dandenong rangers bring feelings of transformation and rejuvenation.

With terraces and balconies promoting engagement with the outdoors, residents can enjoy abundant natural light, ample vegetation and entertaining space.

2. Resident-only access to luxury amenities

[smartcode_project:default project_id=3516 project_image_fid=153761]

A range of five-star amenities are on offer at Prospect, available exclusively to residents to deliver convenience amid a hotel-style living experience.

The development welcomes you home with an inviting porte-coch&egrave;re on entry, giving way to the tower&rsquo;s apartments and communal amenities.

Among the numerous facilities include an indoor pool, gym, outdoor entertainment area, a large dining room and kitchen, and a barbeque area.

Other features that will deliver comfort and luxury is a scope of services, such as house cleaning, couriering and event coordinating.

3. Spacious living areas and generous storage

[smartcode_project:default project_id=3516 project_image_fid=153756]

The strong form of the exterior softens into homely, bespoke interiors, featuring a warm palette that surrounds residents.

&ldquo;Thoughtful apartment layouts are driven by liveability and maximise internal apartment amenity&rdquo;, the project marketing reads.

Generous storage options and spacious living areas deliver comfort and ease, with built-in robes, pantry, and laundry space.

4. High-quality finishes 

[smartcode_project:default project_id=3516 project_image_fid=153757]

Harmonising western and eastern styles, Prospect comprises a range of premium and calm finishes.

The development boasts European appliances, throughout, as well as reconstituted stone benchtops in the kitchen and engineered timber flooring.

The Western Scheme, inspired by Nordic design, includes a bathroom feature wall, white powder coat feature steelwork, and white matte wall tiles in the bathroom.

Grey matte wall tiles, brass feature steelwork and timber laminate joinery panels feature in residences with the Eastern Scheme, based on the Asian continent.

Dark compositions of stones and timber are designed to reflect traditional Chinese mahogany furniture.

5. Short walk from great local offerings 

[smartcode_project:default project_id=3516 project_image_fid=153760]

&ldquo;An established locale, Box Hill represents both Eastern familiarity and metropolitan vivacity&rdquo;, the developers noted.

Prospect Apartments is located within arm&rsquo;s reach of a culturally rich dining scene, leading educational facilities, hospitals, shopping centres, public transport and the famed CBD.

The impressive collection of restaurants in Box Hill rivals that of the CBD and Chinatown, with authentic dishes abound.

6. Designed by renowned architects

[smartcode_project:default project_id=3516 project_image_fid=153752]

Thoughtfully conceived by the architectural visionaries at Hayball, the Box Hill tower delivers contemporary design and hotel-style living to residents.

Hayball is an architecture, interior design and urban design practice with offices across Australia, known for establishing new a new precedent for multi-residential developments.

The practice has received countless awards across its numerous commercial, educational, multi-residential and masterplanned developments.

[smartcode_project_cta: project_id=3516]

With hotel-style amenities, a vibrant community and contemporary design, Prospect Apartments in Box Hill provides the ideal location for a new home

The six top selling points of R&F Property's Prospect Apartments in Box Hill

Prospect Apartments will rise 25 levels in the heart of Melbourne&#39;s Box Hill when completed in late 2022.

The building is being developed by the global developer R&amp;F Property, who pull inspiration from all over the world in their approach to residential development.

R&amp;F, who has offices in Melbourne and Brisbane, reached an all-time record turnover last year, and&nbsp;has 68 projects under development in 27 cities. R&amp;F has completed over 70 residential and commercial developments, with total assets of around $45 billion.&nbsp;

[smartcode_project:default project_id=3516 project_image_fid=153756]

&quot;We value our global heritage and bring intelligent designs that are inspired by international trends and innovation to provide investors and property owners with confidence and financial certainty,&quot; R&amp;F advise their clients.

<a href="/news/vic/the-six-top-selling-points-of-r-f-propertys-prospect-apartments-in-box-hill">Read more:&nbsp;The six top selling points of R&amp;F Property&#39;s Prospect Apartments in Box Hill</a>

Locally, R&amp;F Australia are behind the completed mixed-use development Brisbane 1, Footscray&#39;s under construction Millhouse, and Live City, also in Footscray, the huge redevelopment of the 1900s industrial complex of the old&nbsp;Kinnears&nbsp;Ropeworks.

They have five projects planned and two under construction across Melbourne and Queensland in total.

Prospect Apartments have been designed by R&amp;F&#39;s go-to architecture firm Hayball, the&nbsp;architecture, interior design and urban design practice with offices across Australia.

<a href="/news/vic/rich-in-diversity-and-community-spirit-find-your-way-to-melbourne-s-box-hill">Read more:&nbsp;Rich in diversity and community spirit: Find your way to Melbourne&rsquo;s Box Hill</a>

Hayball, led by Tom Jordan and Sarah Buckeridge,&nbsp;has received a number of awards, having completed numerous single and multi-residential buildings, schools, universities, commercial developments and urban designs for entire suburbs, across Australia, Southeast Asia and China.

[smartcode_project:default project_id=3516 project_image_fid=153760]

Hayball senior associate Andrew Moulding says&nbsp;Prospect offers an iconic development to Box Hill - a series of residential opportunities in the heart of one of Melbourne&#39;s most vibrant and abundant communities.

One-bedroom apartments in Prospect Apartments start from $422,370. Two-bedders are priced from $606,928.&nbsp;

R&amp;F are currently offering $20,000 discounts on select apartments for a limited time.

[smartcode_project_cta: project_id=3516]

"Prospect offers an iconic development to Box Hill - a series of residential opportunities in the heart of one of Melbourne's most vibrant and abundant communities", Hayball senior associate Andrew Moulding says.

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