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

Joel Robinson

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

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

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

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

Kooyongkoot wins Gold and Silver at Better Future Melbourne Design Awards

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

The apartment price gap drawing Sydney buyers west

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

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

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

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

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

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

Every First Home Owner Grant for new property by state

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

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

Staff Writer

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

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

alisonwarters@gmail.com

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

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

Ellen Walker

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

A South Yarra office property with significant development potential is expected to sell for more than $4 million at upcoming auction through the Melbourne estate agency, Dawkins Occhiuto.

The 48 Wilson Street property is set to become a multi-level office, residential or mixed use development (STCA).

Grant said there had been height precedents set by a number of, predominantly residential, developments in Wilson Street of eight or nine levels, according to a preliminary planning report prepared by Pro Urban.&nbsp;

Mr Dawkins said city fringe development sites were becoming increasingly difficult to find as demand for residential and office space continued to grow.&nbsp;

The property will be auctioned August 12.

It currently comprises a single level, 304 square metre office building on a 401 square metre site with Activity Centre 1 zoning.

[smartcode_project:default project_id=3730 project_image_fid=35250]

It is currently occupied by vendor Hatched Media which is offering a 12 month, holding income, leaseback, at $160,000 per annum net.

Located within the South Yarra Activity Zone Dawkins Occhiuto directors Tim Grant and Andrew Dawkins suggest the site provides significant potential for a multi-level office or residential development (STCA).

``We expect the market response to reflect what is a very real scarcity of such opportunities, which in this case offers the additional attraction of 12 months holding income,&rsquo;&rsquo; Mr Dawkins said. &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;

The property will be auctioned on Thursday, August 12 at 12pm.

South Yarra has been a hive of apartment construction with one of the most recent completions being 661 Chapel Street, that has become a landmark of South Yarra since its construction, towering over the heritage-listed Melbourne High School.

A South Yarra property is expected to sell for more than $4 million at auction through the Melbourne agency, Dawkins Occhiuto

jchancellor-FAypfDUnLy

$4 million plus hopes for South Yarra apartment development site

A Brighton East townhouse was Melbourne&#39;s top weekend auction sale among the 284 apartment and townhouse listings.

The three level townhouse at 34B Bourneville Avenue, Brighton East fetched $2.6 million after auction eve negotiations.

The Buxton pre-auction price guide was $2.45 million to $2.6 million. The ANZ price predictor website REALas has given a $2,482,000 guide.

The new family residence comes with four bedrooms, three ensuites and two powder rooms.

There are three living areas with the dining room having views to the lap pool.

The basement level has a glazed showcase wine cellar, powder room and expansive entertainment zone.

[smartcode_project:default project_id=3730]

CoreLogic calculated a preliminary 66.8% weekend success rate across Melbourne amid the lockdown.

It was 70.6% amid Sydney&#39;s 214 apartment and townhouse auction offerings.

Nationally there were 535 apartment offerings with a 66.8% success rate at a $718,000 median sale price.

Brighton East has recently seen the nearby completion of the Avenue&#39;s townhome collection.

Construction was completed in March, at Skelton&#39;s 14 Gleniffer Avenue development.

The townhouse at 34B Bourneville Avenue, Brighton East fetched $2.6 million

$2.6 million Brighton East townhouse tops Melbourne's weekend auction results

Teska Carson is marketing a site with multi-unit development potential in Richmond.

Located at 335-341 Bridge Road, the property in the shadow of Richmond Town Hall currently comprises a two storey, 685 square metre, retail building.

The Commercial 1 zoned 703 square metre site has frontages of 20 metres to Bridge Road and 33 metres to Gleadell Street.&nbsp;

A preliminary scheme for a 14 level apartment building, with ground floor retail and basement parking, has been provided to potential buyers by RBi Architects.

Teska Carson agents George Takis and Larry Takis adviuse the property will be sold subject to leases to Australia Post of five years (from October 2018) over the 230 square metre Shop 1, and NAB which is on a monthly tenancy of the 455 square metre Shop 2.

The buyer will have a combined annual return of circa $285,000 while securing approvals.&nbsp;

George Takis said the property represented an &quot;outstanding&quot; development opportunity.

[smartcode_project:default project_id=5234 project_image_fid=167358]

``This is a location which has been arguably inner Melbourne&rsquo;s most popular commercial and lifestyle precinct over recent years attracting a multitude of commercial tenants and residents driving a subsequent surge in development.&nbsp;

``The precinct boasts a plethora of national and boutique retailers as well as many of the city&rsquo;s best restaurants and bars and more recently the ingress of many new boutique office tenants including a significant cohort of IT specialists.

``The prospects for ongoing demand continue to be quite positive with the COVID driven increase in office demand for city fringe locations which is a key driver of demand for apartments,&rsquo;&rsquo; Mr Takis said.

One of Bridge Street&#39;s prominent developments is Richmond Quarter, a mixed use development across five buildings at 261-271 Bridge Road, due for completion May 2022.

The most recent development site sale was one of Richmond&#39;s most-prominent and strategic sites, at 81 to 95 Burnley Street, Richmond, which was bought by GURNER.

[smartcode_project:default project_id=5615 project_image_fid=166290]

Larry Takis noted some of Australia&rsquo;s largest technology companies had set up in the neighbourhood which has a recognition as Melbourne&rsquo;s so called `tech hub.&rsquo;

``Richmond&rsquo;s massive influx of office tenants, notably of the IT variety, has been growing side by side with a who&rsquo;s who of Australian furniture designers, retailers and new residential projects.

``With Epworth Private Hospital and all the adjoining amenities and proposed construction projects in close proximity, Bridge Road retains its mantle as a premier city-fringe boulevard,&rsquo;&rsquo; Mr Takis said.

Over at Swan Street, the TWO51 on Swan, the Blueprint Projects development designed by Watson Young Architects, is nearing completion.

A 14 level apartment building, with ground floor retail and basement parking, has been mooted for the Richmond development site 

14 level Richmond apartment development site listed

Homebuyers are continuing to choose regional Victoria for their new homes thanks to more affordable properties and a better lifestyle.

Developers identifying this tree change have begun developing premium townhouse and apartments outside of the Melbourne CBD, delivering potential opportunities for strong investment in the future.&nbsp;

Urban takes a look at four of the best luxury developments available in regional Victoria.

1. Ryrie Home, Geelong 
Developer: Franz&eacute; Developments 
Three-bedroom apartments from $850,000

[smartcode_project:default project_id=5559 project_image_fid=88241]

Ryrie Home boasts one, two and three-bedroom residences across 11 storeys, drawing upon Geelong&rsquo;s history and its architectural vernacular.

Located in the fastest-growing regional city in Australia, the development provides the ideal sea change for residents hoping to escape the bustle of cities like Melbourne and Sydney.

[smartcode_project:default project_id=5559 project_image_fid=88244]

Residents have access to a residents rooftop with barbeques, generous gardens and Northern bay views.

Designed by Architectus, the project is expected to reach completion in late 2022.

2. Sonnet, Safety Beach 
Developer: Buildcap 
Three-bedroom townhomes from $1,935,000

[smartcode_project:default project_id=25950 project_image_fid=77759]

Just an hour&rsquo;s drive out of the Melbourne CBD, Sonnet is set amongst some of Victoria&rsquo;s most picturesque bays, including Martha&rsquo;s Cove.

Designed by WallaBrice Architecture, the development features 14 three and four-bedroom townhomes with open-plan interiors and light-filled spaces.

[smartcode_project:default project_id=25950 project_image_fid=77761]

&ldquo;[The Martha Cove area] is establishing itself a true community lifestyle and residents really will have everything at their doorstep&rdquo;, Buildcap director Stuart Biggs said.

Expected to finish construction this year, Sonnet is ideal for owner-occupiers looking for a seaside property close to established amenity and with easy access to the city.

3. LUXX, Daylesford 
Developer: Property by Sabau 
Three-bedroom townhomes from $875,000

[smartcode_project:default project_id=26737 project_image_fid=83490]

&ldquo;If you ever wondered what the love child of Scandinavian sophistication and Palm Springs chic would look like, ponder no more&rdquo;, the project marketing for LUXX Daylesford reads.

Located just over an hour from Melbourne with Spa Country on your doorstep, the development offers bespoke three-bedroom residences with a contemporary elegance.

[smartcode_project:default project_id=26737 project_image_fid=83496]

Designed by Plus Architects, each single and double-storey townhome boasts manicured front gardens and its own sense of character.

4. Hazel No 5, Belmont 
Developer: Arc 
Three-bedroom townhomes from $659,000

[smartcode_project:default project_id=28949 project_image_fid=79183]

Located between High Street and Highton Village sits three thoughtfully-designed, double-storey townhomes.

Each home at 5 Hazel Street features high-quality finishes, intelligent use of space and an abundance of natural light.

[smartcode_project:default project_id=28949 project_image_fid=79184]

With a choice of two colour schemes &ndash; light or dark &ndash; the refined colour palettes accentuate the details.

Delivered by Arc and constructed by L10, features at Hazel No 5 include picture windows, entertaining areas, walk-in robes and luxurious ensuites.

Check out four premium residences across regional Victoria in Hepburn Springs, Geelong and the Mornington Peninsula

max.kwok_55688

Luxury living and rejuvenating retreats: Four of the best premium residences for sale in regional Victoria

Stockland has announced it has further bolstered its residential pipeline in Victoria with the purchase of Wattle Park, Tarneit for $82 million.

Stockland expect to build around 800 new homes in a new masterplanned community.

Stockland will commence development, marketing and sales following settlement once the necessary planning permits are granted. 

Initial site works are expected to commence in 2022.

The 84 hectare site is located within the western growth corridor some 30 kilometres west of Melbourne’s CBD.

The 85-87 Sewells Road holding is in the City of Wyndham.

Wattle Park Tarneit is close to Stockland’s recently acquired community, Grand Central.

It is approved for development under the Victorian Planning Authority’s Riverdale Precinct Structure Plan.

Stockland Communities CEO Andrew Whitson said their acquisition aligned with its strategy to re-stock its residential pipeline in corridors with strong demand fundamentals.

“We expect the Melbourne greenfield market to outperform over the next 12 months given the extended lockdown has subdued growth over the past year,” said Mr Whitson.

Stockland’s general manager of residential for Victoria, Mike Davis noted Stockland has over $2.7 billion invested in Victoria including communities in Melbourne’s west including Mount Atkinson and Grandview in Truganina, which are now home to more than 1,300 residents.

The Wattle Park site includes views of the Werribee River.

Around 26 hectares of land will be set aside for conservation space.

Stockland has further bolstered its residential pipeline in Victoria with the purchase of Wattle Park for $82 million

800 homes set after Stockland buys $82 million Wattle Park, Tarneit housing site

Last month the Victorian government ended their stamp duty concessions for off the plan and brand new apartments statewide.&nbsp;

They continue to offer savings for new apartments up to $1 million only in the Melbourne CBD, but those outside of the CBD will revert back to paying full stamp duty.

Discerning developers who are either constructing or have completed apartments outside of the City of Melbourne LGA have continued to offer the stamp duty concessions in an attempt to lure buyers.

The property developer Salta Properties is offering to stump up 50 per cent of stamp duty for buyers in their Abbotsford apartment development, Riverbank.

Buyers can save between $11,000 and $20,000 on stamp duty in the recently completed Victoria Street project on the banks of the Yarra River, less than four kilometres outside of the city. The concessions are on offer until 30th September 2021.

[smartcode_project:default project_id=4136 project_image_fid=156269]

One-bedroom apartments start from $505,000 and two-bedroom apartments from $740,000.

The nine-level building has been designed by SJB Architects and is finished with interiors by Sue Carr at Carr Design Group. It is one of two buildings at The Park House, each with their own amenities, with the adjoining Riverbend apartments part of the development.

&ldquo;Our intention was to create a space that had a true sense of home but also a memorable atmosphere,&rdquo; Sue Carr said.

&ldquo;We want the purchasers to feel a connection with the landscape.&rdquo;

[smartcode_project:default project_id=4136 project_image_fid=156385]

Each apartment has Gaggeneau appliances in the kitchen, engineered oak floors and marble-effect stone.&nbsp;

The sustainable 6+ energy rated development includes a number of resident only amenities, including a swimming pool, sauna and gym, cinema, a lounge and library space, meeting room, kids play hut, bike workshop and even a golf simulation room.

[smartcode_project_cta: project_id=4136]

Riverbank – The Park House is the latest completed development out of Salta Properties, one of few offering buyers stamp duty savings beyond the governments own which expired June 30.

jordan_55689

Buyers offered 50% stamp duty savings at Salta Properties Riverbank apartments in Abbotsford

Melbourne residential tower K1,&nbsp;boasts&nbsp;360&deg; views with homes offering spacious garden balconies.&nbsp;DE Atelier Architects have designed three-bedroom sky homes with graceful, organic shapes, natural warm materials and luxurious interiors.&nbsp;

<a href="https://res.cloudinary.com/dz9xllyip/image/fetch/c_fill,w_962,h_420,dpr_2.0,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/project-renders/k1-residences-1-union-street-melbourne-cd459faa3d88cc4d5e564b6bfbdbb45a.jpg" target="_blank"><img alt="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_fill,w_962,h_420,dpr_2.0,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/project-renders/k1-residences-1-union-street-melbourne-cd459faa3d88cc4d5e564b6bfbdbb45a.jpg" style="width: 1924px; height: 840px;" /></a>

Bergman &amp; Co. creates interiors with exceptional clarity of vision to instil warmth, sophistication, and timeless beauty through combining the use of moody tones, sunlight and French oak. These residences are distinguished by exquisite features such as a desk suspended from the ceiling for the workspace, as well as finer details such as rose gold tapware, and curved garden terraces.

The kitchen includes VZug kitchen appliances that were manufactured in Switzerland, Liebherr integrated fridges and Vintec 40 bottle wine fridges.

Bathrooms include Rogerseller fittings that have been carefully selected to represent a timeless contemporary design with quality materials, simplicity and craftsmanship.&nbsp;Bathrooms also include heated shower rails and tile insert shower grate.

These luxurious residences come in a light and dark theme, both of which include neutral palettes.&nbsp;

<a href="https://res.cloudinary.com/dz9xllyip/image/fetch/c_fill,w_630,h_420,dpr_2.0,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/project-renders/k1-residences-1-union-street-melbourne-02a22cd197380352f9b9de4436b5a747.jpg" target="_blank"><img alt="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_fill,w_630,h_420,dpr_2.0,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/project-renders/k1-residences-1-union-street-melbourne-02a22cd197380352f9b9de4436b5a747.jpg" style="width: 1260px; height: 840px;" /></a>

THE MATERIALS USED:

<ul>
	<li>Black Odyssey Marble benchtop&nbsp;and splashback</li>
	<li>Bottega and Angora Oak</li>
	<li>Smokey grey mirror wall</li>
	<li>Rose Copper</li>
	<li>Matte finish wall tiles</li>
</ul>

The gardens of K1 Residences are a defining aspect of the stunning building&#39;s design, designed by award-winning landscape architecture firm, Aspect Studios. Layers of greenery add a lovely tracery of dappled light to the exterior&#39;s arcs and crescents. This lush greenery reflects Melbourne&#39;s best-loved suburbs&#39; gardens and tree-lined streets.

<a href="https://res.cloudinary.com/dz9xllyip/image/fetch/c_fill,w_697,h_420,dpr_2.0,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/project-renders/k1-residences-1-union-street-melbourne-e7a591129cbf2a2a2082596a6d848a3a.jpg" target="_blank"><img alt="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_fill,w_697,h_420,dpr_2.0,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/project-renders/k1-residences-1-union-street-melbourne-e7a591129cbf2a2a2082596a6d848a3a.jpg" style="width: 1394px; height: 840px;" /></a>

The verdant terrace features timber and natural greenery for you to enjoy the space for relaxation and socialisation. K1 Residences&#39; ground floor transitions seamlessly from a clean contemporary interior to a vast and beautifully planted garden. Residents can now enjoy indoor and outdoor living because of its low maintenance and stunning architecture.&nbsp;

<a href="https://res.cloudinary.com/dz9xllyip/image/fetch/c_fill,w_513,h_420,dpr_2.0,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/project-renders/k1-residences-1-union-street-melbourne-a368fe75e34312bc5adb8c91f6489d57.jpg" target="_blank"><img alt="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_fill,w_513,h_420,dpr_2.0,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/project-renders/k1-residences-1-union-street-melbourne-a368fe75e34312bc5adb8c91f6489d57.jpg" style="width: 1026px; height: 840px;" /></a>

Located with the perfect balance of serenity and vibrancy, K1&rsquo;s immediate neighbourhood is tranquil and picturesque. The greatest of Melbourne&#39;s restaurants, entertainment opportunities, markets, shopping, and places to relax are all within walking distance. K1 provides easy access to everything Greater Melbourne has to offer. Major highways and freeways are only a few minutes away, and public transportation is easily accessible.

[smartcode_project:default project_id=2772 project_image_fid=31757]

For more enquires on K1 Residences, please contact our agents via Urban.&nbsp;

briana

The design details: Materials used to craft the recently completed K1 Residences

Construction has been ramped up on stage one of the shopping centre precinct within the Mernda Town Centre project that spans 27 hectares in Melbourne&#39;s northern fringe.

The entire project will include retail, commercial, entertainment and residential offerings, delivered in multiple stages over the next five years.

The directors of investment manager Occasio Projects announced their acquisition of the $500m mixed-use Mernda development from Woolworths, which will remain as the key anchor tenant along with 35 speciality retail shops.

The site approval from Whittlesea Council came in 2019.

The broader Mernda Town Centre project spans 27 hectares and will include retail, commercial, entertainment and residential offerings. It will be delivered in multiple stages over the next five years and provide more than 1,000 ongoing employment opportunities.

[smartcode_project:default project_id=95340 project_image_fid=160801] 
 
Whittlesea Council is a foundation stakeholder in the Mernda Town Centre, with future plans for a learning and well-being offering in addition to restoring the historic Mayfield Farm.

Mayfield Farm had been set to be bulldozed, like the nearby neglected Black Braes Farm, but was saved after a campaign by locals. The neighbouring Carome Homestead, owned by Parks Victoria and managed by Working Heritage, is a popular destination for tourists.

The development precinct has a long history, so Occasio Projects are intend on fast-tracking its delivery with the currently partially complete store due to open mid-next year. 
&nbsp; 
The project now has strong financial backing from the three shareholders of Occasio Projects being Ray Zelouf, the founder of Occasio Projects; Dorman Capital, the family office of the co-founder of Regis Healthcare along with Jensz Investment Company, owned by Craig Jensz, the founder of Lion Advisory.

[smartcode_project:default project_id=99962 project_image_fid=160810]

It was 2013 when Woolworths bought the site from Becton for about $31 million.

The Mernda Town Centre site was originally proposed by the failed Fincorp property group.

The Whittlesea urban area includes Mill Park, South Morang and its rural north includes Beveridge; Donnybrook; Eden Park, Woodstock and Wollert where Cedar Woods has its Mason Quarter project.

Wollert has three train stations within 20 minutes.

Whittlesea Council is a foundation stakeholder in the Mernda Town Centre project

Construction ramped up on Mernda master-planned suburb 

A St Kilda island site spanning 1,370sqm has been bought by a local apartment developer for $7.9 million.

As the suburb continues along the regeneration path, Fitzroys&rsquo; Mark Talbot and Shawn Luo, together with Danny Clark and Michael Gross of Gross Waddell ICR, sold the property at 344-360 St Kilda Road via a June expressions of interest campaign.

It was listed by the vendor who had accumulated the site at the corner of Pakington Street, opposite the Queens&#39; Arms Hotel apartment complex.

The initial 756 sqm acquisition was the corner block in 2012 at $2.7 million. There was then a $3.5 million acquisition in 2016.

The site comes with a permit for a premium six-storey mixed-use development, with 44 apartments and a net saleable area of 4,743sqm.

The local developer buyer was attracted to the project which has residences designed for the growing downsizer and owner occupier segments of the market.&nbsp;

The site is on one of Melbourne&rsquo;s main inner-city arterials serviced by multiple tram routes at its doorstep, walking and cycling trails and Balaclava train station.

[smartcode_project:default project_id=29048 project_image_fid=151675]

The site currently comprises a single-level showroom and office tenanted by Tradelink and SMR Advertising.

Cordell Connect indicated 344, 350 and 352-360 St Kilda Road had an estimated value of $15 million on construction.

It traded on a sharp 2.4% yield.&nbsp;

&ldquo;The market recognised this site as the largest development opportunity in the suburb for some time, with nearly 200 enquiries received from enthusiastic parties,&rdquo; Talbot said.

&quot;There&rsquo;s a host of residential, retail and commercial projects that promise to bring a new vibrancy to a famous Melbourne location.&rdquo;

[smartcode_project:default project_id=89720 project_image_fid=147514]

&ldquo;St Kilda&rsquo;s lifestyle attributes makes it uniquely attractive to a number of demographics, and its catchment comprises established, affluent and transient cohorts.&nbsp;

Last month Colliers sold a development site, zoned commercial 1 zoned, at 102-112 St Kilda Road at an undisclosed price.

The offering was six adjoining properties totalling 827 sqm.

It had been listed unsuccessfully in 2018 with $6 million hopes for all six, having been acquired by the vendors over time, with CoreLogic records showing the last separate sale had been No. 102 for $900,000 in 2012.

Gross Waddell ICR currently has another high-profile St Kilda Road corner freehold for sale with a recently approved permit for a mixed use development. 
&nbsp; 
It is at 46-52 St Kilda Road.

The developer had sought an eight-storey building comprising ground level retail, 26 dwellings, 44 car parking spaces, 33 car stacker parking spaces and 31 on site and two on-street bicycle spaces in 2020, and then secured permission for an eight storey mixed use development consisting of 2,902 sqm* of NSA

The plans offer oversized apartments with a blended average of 116 sqm* of NSA per apartment.

 
&nbsp;

The local developer intends to utilise the site’s existing permit for a premium six-storey mixed-use development

Local developer pays $7.9 million for St Kilda residential apartment site

Mirvac has revealed plans for its third and final exclusive apartment building within its highly sought-after Tullamore community in Melbourne&rsquo;s eastern suburbs.

Named FORME, the latest release provides homebuyers with the rare opportunity to join the prestigious Apartments of Tullamore precinct.&nbsp;

Nestled within the tranquil former 47-hectare Eastern Golf Course in Doncaster, FORME will feature an exclusive collection of approximately 90 luxurious residences.

[smartcode_project:default project_id=100322 project_image_fid=163036]

Mirvac head of residential, Stuart Penklis, says that FORME is an evolution of Apartments of Tullamore&rsquo;s successful apartment buildings, Phoenix and Folia.

&ldquo;The Apartments of Tullamore buildings have achieved strong sales with notable interest from owner occupiers looking to downsize from larger family homes, attracted to flexible living opportunities in established locations in Melbourne&rsquo;s middle ring&rdquo;, he said. &nbsp;

[smartcode_project:default project_id=100322 project_image_fid=163038]&nbsp;

According to Penklis, FORME&rsquo;s limited-edition collection places a stronger emphasis on third spaces to meet the growing demand for buildings that foster social connectivity and a healthy, active lifestyle.

FORME features generous floorplans, with apartments spanning seven levels and ranging from 51 square metres to 179 square metres in size.

[smartcode_project:default project_id=100322 project_image_fid=163026]

Designed by Mirvac&rsquo;s in-house design team, the residences are available in one, two, three and four-bedroom configurations.

Apartments will be available in two luxury colour schemes, with wool blend carpets, timber look joinery, brushed nickel tapware, reconstituted stone benchtops, Villeroy and Boch sanitaryware and Miele appliances.

[smartcode_project:default project_id=100322 project_image_fid=167724]

FORME features a striking double-height entrance and adjoining exclusive residents&rsquo; lounge, featuring a large fireplace and grand private dining area that can be used by residents for intimate gatherings or relaxation.

Inspired by the beauty of the established leafy natural surrounds, landscape architect Paul Bangay has curated the project&rsquo;s sculptured gardens.

[smartcode_project:default project_id=100322 project_image_fid=163030]

Featuring a lush nature reserve and heritage trees, more than 20 per cent of Tullamore is devoted to green open spaces, including pocket parks, adventure playgrounds, undercover barbeque and picnic areas.

Future FORME residents&nbsp;will also have access to the Stables Provedore Caf&eacute;, as well as the multi-million-dollar Next Gen Health &amp; Lifestyle Club, complete with indoor and outdoor pools, tennis courts, restaurant dining, a private spa and creche facilities.

[smartcode_project:default project_id=100322 project_image_fid=167733]

Located just 13 kilometres east of Melbourne&rsquo;s CBD, residents will be close to an array of high-quality amenity, including shopping, education and local transport hubs.

The development will comprise basement vehicle and bicycle parking spaces for residents, as well as ample visitor parking.

Construction of Forme is expected to commence mid-2021 with completion scheduled for the end of 2022.&nbsp;

[smartcode_project_cta: project_id=100322]

Mirvac head of residential, Stuart Penklis, says that FORME is an evolution of Apartments of Tullamore’s successful apartment buildings, Phoenix and Folia

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