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

Joel Robinson

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

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

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

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

ALTA Property to deliver $200 million Queens Road apartment tower

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

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

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

First look: NewQuest Property proposes new St Ives apartment development

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

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

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

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

Every First Home Owner Grant for new property by state

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

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

Staff Writer

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

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

alisonwarters@gmail.com

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

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

Ellen Walker

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

First home buyers are securing affordable homes at St Albans, thanks to Cedar Woods’ new St.A townhouse development. &nbsp;

The striking project, designed by DKO Architecture, features 254 two, three and four-bedroom homes which have been crafted to give residents an elevated lifestyle.

Among the first home buyers purchasing into the charming development is 24-year-old civil engineer, Jessica Nguyen. &nbsp;

Urban spoke to young property buyer about her buying journey and what she loves about St.A.

[smartcode_project:default project_id=7633 project_image_fid=80007]

MK: Where did you previously live and why are you moving to St.A?

JN: I currently live in Caroline Springs and decided to move to St.A because of the location. The area has already been largely developed with a train station within walking distance as well as great restaurants.

I spend so much time in the area already. So many of my family and friends live in St Albans and more of my friends are looking to buy in the area.

MK: Were you already looking for property when you discovered St.A?

JN: I’ve been looking for the last few months mainly at new developments around the Maribyrnong, Sunshine and St Albans areas.

<blockquote>
St.A appealed to me because of the price, distance from the city and amenity, available all within my budget.
</blockquote>

MK: What do you love most about what St.A has to offer residents?

JN:&nbsp;There is amazing food and a great community. The train station is a big factor for me, it is walking distance from St.A to the station, whereas right now I have to drive 20 minutes to the nearest station each day.

MK: Which townhome configuration did you opt for, and what led you to narrow down your decision?

JN: I purchased the Argyle townhome which has two-bedrooms, two-bathrooms and a single garage.

<figure><img alt="" class="image-article-full-width-580px" data-entity-type="" data-entity-uuid="" height="372" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/argyle_0.png?itok=BwP0Dq2-" title="The Argyle floorplan" width="580" />

<figcaption>The Argyle floorplan</figcaption>
</figure>

Price was a big influence. I went through a mortgage broker who helped me figure out what I could afford, and I was thrilled that this was slightly under budget.

MK: What was it like negotiating with the sales agent and the team at Cedar Woods?

JN: Minh was really good to work with; he understood my non-negotiables and replied quickly to get the deal done.

MK: What made you decide to buy off-the-plan rather than an existing dwelling?

JN: I wanted to build and found that buying off-the-plan was a lot easier and stress-free. St.A is already a built-up area and I could see the quality and style of homes Cedar Woods delivered.

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MK: St A has impressive nearby amenity. Which amenity is your favourite?

JN: Definitely the restaurants. My favourite is Thuan Phat, I go there every week!

MK: As a first home buyer, how did you find the due diligence research and purchase process?

JN: I asked advice from family who told me to first go to a mortgage broker to understand my budget. I also watched a lot of YouTube videos and listened to podcasts on how to budget and save for my first deposit.

I was also looking at another development in Sunshine but I liked the St.A amenity more. It is already an established community, whereas the other is still a while away from feeling like a community.

MK: Did you have a set of criteria that your first home had to meet?

JN: I very much looked at this purchase as an investment as well as my first home and having two bedrooms, two bathrooms and a garage was a set requirement for me.

I personally wanted a backyard area as well and I had a preference for a downstairs living area.

[smartcode_project:default project_id=7633 project_image_fid=80010]

As this was my first home, it had to be eligible for the First Home Owner Grant as well as fit within my budget.

What advice would you have for other first home buyers?

JN: Research as much as you can and understand your budget [and] prepare for the expenses of home ownership as well!

MK: Is there anything else you would like to add about your new home or the area more generally? 

JN: St Albans is such a beautiful place; it has come a long way in recent years. It is such good value being so close to the city; the west is the next big thing!

[smartcode_project_cta: project_id=7633]

Among the first home buyers purchasing into the charming development is 24-year-old civil engineer, Jessica Nguyen. Urban spoke to young property buyer about her buying journey 

max.kwok_55688

Why I purchased: The 24-year-old first home buyer of a two-bedroom townhouse at St Albans's St.A development by Cedar Woods

Construction has commenced on Lincoln Apartments, the fourth apartment development by property developer Cedar Woods at its Williams Landing masterplanned community in Melbourne&rsquo;s west.

Figurehead Construction has been appointed as the builder for Lincoln Apartments, having previously delivered multiple projects for Cedar Woods across its Victorian communities.

Cedar Woods development director, Callum Knight, joined Figurehead managing director, Joe Grasso, on-site recently for the project&rsquo;s official sod turn.

<figure><img alt="" class="image-article-full-width-580px" height="541" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/210520_lincoln_sod-turn_cal_joe2-crop_1.jpg?itok=RSSD7Mno" title="f Callum Knight, development director at Cedar Woods and Joe Grasso, managing director at Figurehead Construction, breaking ground at the project site" width="580" />

<figcaption>Callum Knight, development director at Cedar Woods and Joe Grasso, managing director at Figurehead Construction, breaking ground at the project site.</figcaption>
</figure>

&ldquo;Our Lincoln project has started construction at an exciting time as we continue to create local jobs and support the construction industry,&rdquo; Knight explains.

Designed by DKO Architecture, the five-storey building will include 69 apartments and features in-house amenities including a gym and a communal rooftop recreation area for residents to enjoy.

Buyers get the opportunity to tailor their apartments, with light or dark palette options of textured timbers, honed stone, loop pile carpet and large format porcelain tiles.

[smartcode_project:default project_id=27675 project_image_fid=70623]

Lincoln Apartments is located within the town centre and will be a short walk from the Williams Landing shopping centre, train station, restaurants and the growing commercial office hub.

According to Knight, amenity has been a key driver in the popularity of the project.

&ldquo;We have developed Lincoln as a project that offers everything residents could possibly need. Being located within the town centre and having access to in-building amenity, purchasers are taking advantage of the value on offer.&rdquo;

[smartcode_project:default project_id=27675 project_image_fid=70625]

Following the ground-breaking of Lincoln Apartments, Cedar Woods has launched a series of boutique apartment stages in response to market demand from owner-occupiers for low-rise, suburban living.

Positioned as one of Wyndham&rsquo;s preeminent suburbs, once completed, the $2 billion masterplanned Williams Landing community will be home to 2,400 dwellings, as well as a thriving commercial and retail precinct.

[smartcode_project:default project_id=27675 project_image_fid=70626]

Located just 20 kilometres from Melbourne&rsquo;s CBD Williams Landing offers a diverse housing mix, train station, shopping, dining, parklands and office precinct, and has created demand from first home buyers, to downsizers and investors who saw the growth potential of the suburb.

Construction completion for Lincoln Apartments is slated for mid-2022.

[smartcode_project_cta: project_id=27675]

Construction has commenced on Lincoln Apartments, the fourth apartment development by property developer Cedar Woods at its Williams Landing masterplanned community

Construction commences at Cedar Woods’ fourth Williams Landing apartment development, Lincoln Apartments

Buyers in the Home, Alphington apartment complex have been offered rebates up to $101,000.

The rebates on settlement ranged from $27,000 to $60,000 for two-bedroom units.

The rebates range from $51,000 to $101,000 for three-bedroom units in the 16-storey complex.

The two-bedroom apartments eligible for the grant are priced from $691,000 to $1.508 million while the three-bedroom homes are priced from $1.29 million to $2.548 million.

[smartcode_project:default project_id=24441 project_image_fid=84982]

At its 2019 launch the prices for its two-bedroom offerings was $532,000 to $1.598 million and its three-bedroom layouts were priced from $1,120,000 to $2,615,500.

The initiative, dubbed the Caydon Home Grant, comes as the state government&#39;s 50 per cent stamp duty concession ends June 30.

All homebuyers were eligible for the new stamp duty discounts, but only until the end of the 2020-21 financial year.

The Victorian Government&#39;s stamp duty savings of 50% was across new builds and off-the-plan apartments valued up to one million dollars.&nbsp;

[smartcode_project:default project_id=24441 project_image_fid=84979]

Caydon has sold just over 50 per cent of the 324 apartments.

Completion is scheduled for July next year for the development to be located at YarraBend, the site of the old Amcor paper mill.

Set at 626 Heidelberg Rd at the Chandler Highway corner, the 7470 sqm Home sits alongside Glenvill&rsquo;s 14.5ha YarraBend precinct.

[smartcode_project:default project_id=24441 project_image_fid=84980]

The Caydon Home Grant does not apply to its other projects such as Due North at 70-82 High Street, Preston.

The Caydon Home Grant &ndash; rebated by CP Alphington Development - is available from 28 June, 2021 until 30 September, 2021 on two and three-bedroom apartments and skyhomes in Home, Alphington.&nbsp;

A potential purchaser should seek independent legal advice and make their own enquiries in relation to this offer and before entering into a contract of sale, the Caydon website advises.

A year away from completion, Caydon has announced a Caydon Home Grant with up to $101,000 rebated to apartment buyers in Home, Alphington 

jchancellor

Caydon offers up to $101,000 rebate for Home, Alphington apartment buyers

The recently completed and ready-to-move-in The Brass Edition, the contemporary Empire Properties-developed&nbsp;Moonee Ponds development of just 22 apartments, has been designed by the renowned architecture firm ClarkeHopkinsClarke.

The brief from Empire was for a boutique range of apartments that would each feel like a home.

&quot;We interpreted this through the generosity of space; internally, vertically, and outdoors,&quot; CHC advise.

They designed the 22 two and three bedroom apartments, geared at the owner-occupier, with a generous amount of indoor and outdoor living space per residence.

[smartcode_project:default project_id=3233 project_image_fid=160012]

The two bedroom, two bathroom apartments, which each come with a car space, start from $650,000, around half of the price of the median house price for the inner-north west suburb.

<a href="/news/vic/the-brass-edition-walking-tour-six-local-offerings-that-residents-should-embrace-at-moonee-ponds">Read more: Take a walking tour of what&#39;s around Brass Edition</a>

There are three bedroom apartments still for sale in the development, starting from $950,000 and spanning over 100 sqm.

There are larger three bedroom apartments priced at $1.12 million, and four bedroom apartments from $1,495,000.

Set just 100 metres from Queens Park, the Brass Edition takes cues from the surrounding industrial heritage.

[smartcode_project:default project_id=3233 project_image_fid=160014]

Large terrace areas are framed by large floor to ceiling windows which maximise&nbsp;natural light and allow the internal surfaces to exude warmth and enhance their textural element.

<blockquote>
&quot;The&nbsp;architecture is inspired by modern, clean lines that are accentuated by the use of linear cladding and formwork which draw on the heritage aspect of the streetscape.

&quot;Reclaimed brickwork offers contrast against striking bronzed elements, while greenery on every level brings an organic element to every aspect.&quot;

Tony Masa, Empire Properties co-founder
</blockquote>

About the developer

Empire is a family owned and operated property development and building company that has been consistently delivering&nbsp;properties to the Melbourne community for a number of years. Empire was established by Tony and&nbsp;Cena Masa and is run in collaboration with their two sons Alexander &amp; Nicholas Masalkovski.

With a passion for design and a philosophy that promotes functionality, Empire Properties has built a reputation for quality and is renowned for excellence in the residential, retail and retirement sectors of the Melbourne property market.

[smartcode_project_cta: project_id=3233]

&nbsp;

The brief from Empire was for a boutique range of apartments that would each feel like a home

Inside the completed apartments at Brass Edition in Moonee Ponds

Beulah has appointed the world renowned urban design practice Grant Associates and the international design practice ASPECT Studios to create the landscaping on their landmark Southbank development, STH BNK by Beulah. 
 
The development will be the first in Melbourne for the UK-based Grant Associates, who are most recognised for designing&nbsp;Singapore&#39;s well known Gardens by the Bay. They also handled the public area in the development of Barangaroo South in Sydney.

They&#39;ll&nbsp;be working with the Melbourne-based ASPECT Studios, who were the landscape architects for&nbsp;Prahran Square in Melbourne and Darling Square in Sydney.

The duo will join&nbsp;UNStudio, Cox Architecture and global design and engineer firm&nbsp;Arup, along with &lsquo;living infrastructure&rsquo; specialists Junglefy, in&nbsp;bringing to life the green spaces proposed in the winning concept from the 2018 Southbank by Beulah architecture competition.

&nbsp;The landscape design will be centred on the planted vertical facades and outdoor spaces that will create the world&rsquo;s tallest vertical garden, stretching from the street level to the top of both towers.

[smartcode_project:default project_id=8804 project_image_fid=27929]

Upon completion there will be&nbsp;the Future Sky Garden, an expansive conservatory space at the top of the tallest tower. Extended planted terraces will characterise the facing facades of the two towers as they twist towards each other.

The&nbsp;mixed-use development on the current BMW showroom site on Southbank&#39;s&nbsp;City Road will comprise nearly 500 apartments and around 390 hotel rooms, as well as retail and office space.

On Grant Associates&rsquo; appointment, Beulah Executive Director Adelene Teh said the practice&rsquo;s reputation, globally, is second to none.

&ldquo;Making considerations for the team on this project is a monumental task as this will be a world-class precinct for the city,&quot; Teh said.

&quot;Grant Associates were selected, not only because they are leaders in sustainable urban landscapes, but because they truly understood our vision of connecting people through nature. Through dynamic biophilic design, our vision is to redefine notions of retail co-creation, cultural possibilities, workplace innovation, the learning economy, sustainable living and urban belonging.&rdquo;

<img alt="" height="741" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/gardens_by_the_bay.jpg" width="1200" /> 
Singapore Garden&#39;s by the Bay, landscaped by Grant Associates. Image:&nbsp;Patrick Bingham Hall

Teh said the Beulah team is also thrilled to have ASPECT Studios join the team, bringing their local and global experience, as well as their extensive knowledge of landscape architecture, urban design, and urban strategy.

&ldquo;It is about creating a sense of place and a signature location for Melbourne and Australia, which connects people and nature, as well as promoting a healthy city community and we know the ASPECT Studios team can help us achieve this.

<a href="/developments/southbank-vic-3006"><img alt="" height="800" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/template_photoshop_southbank_1.jpg" width="1200" /></a>

Grant Associates Director Keith French said the practice believe in combining the latest design technology and thinking about nature, an opportunity which Southbank by Beulah represents.

&ldquo;Southbank by Beulah is a pioneering project and delivering such a complex piece of integrated greening and place making in Melbourne is only possible through a collaborative approach and the collective efforts of many disciplines and specialists. We are really pleased to be working in close partnership with ASPECT Studios on this incredible project that brings nature and biophilic design to the forefront

ASPECT Studios&rsquo; Studio Director Matthew Mackay said they are looking forward to drawing on our experience of designing and delivering green infrastructure, biophilia and living architecture and pairing it with our local knowledge to provide a significant urban greening outcome for the city of Melbourne.

The development will be the first in Melbourne for the UK-based Grant Associates, who are most recognised for designing Singapore's well known Gardens by the Bay



Beulah appoint landscapers Grant Associates and ASPECT Studio for Southbank by Beulah apartment development

DealCorp&#39;s latest development, well on it&#39;s way to completion in the coming months MCKN, is an homage to the suburb in which it&nbsp;resides,&nbsp;McKinnon.

Known as a expansive family&nbsp;suburb, MCKN offers all sorts of amenities&nbsp;needed for every family with&nbsp;spacious open plan living areas that extend&nbsp;to outdoor balconies and&nbsp;terraces.

It is the combined effort of DealCorp,&nbsp;local builder Hamilton Marino and&nbsp;architectural firm Ritz &amp; Ghougassian who led the design on the facade and interiors.

Urban narrowed it down to just six things we love about MCKN:

[smartcode_project:default project_id=4939 project_image_fid=152593]

<h2>1. Developed by the award winning DealCorp</h2>

Dealcorp are based in Melbourne and began in 1984, completing over 50 projects in that time. They are specialists in private property development and investment within the retail, residential and commercial sectors.

Their portfolio includes award-winning masterplan communities in Bundoora and top-end penthouse towers in South Yarra. Some of their most recent projects include&nbsp;Eclipse Townhouses&nbsp;at Polaris 3083, Plenty Road, Bundoora, a collection of 19 dual-level townhouses and&nbsp;The Residences&nbsp;at Glenarm Square in Glen Iris.

Projects in the works include Nova, Polaris in Bundoora and 4248,&nbsp;located in South Yarra.

[smartcode_project:default project_id=4939 project_image_fid=152662]

<h2>2. Designed by the up and coming Ritz &amp; Ghougassian</h2>

Ritz &amp; Ghougassian established their architecture and interior design practice in 2015.

Located in Melbourne, they described their focus as, &quot;primarily on the user experience and ones relationship to the built environment through an interiorised lens. Working across both public and private sectors a collaborative process ensures their work is considered and resolved.&quot;

Once completed&nbsp;the boutique development will stand five levels tall and home to&nbsp;41 spacious apartments.

Other projects they have worked on include&nbsp;Musk Creek in&nbsp;Flinders, Bentwood in&nbsp;Fitzroy, Penta in Elsternwick and Higbury Grove in Prahran.

[smartcode_project:default project_id=4939 project_image_fid=152593]

<h2>3. Constructed by leading local builder Hamilton Marino</h2>

Established in 1975, Hamilton Marino Builders is an experienced and dynamic multi-level apartment and commercial construction company.

In their statement they said, &quot;Our &lsquo;value-added&rsquo; operational model and reputation built on providing expertise, quality and certainty, has made us an innovative industry leader. With a multitude of projects in feasibility, planning, construction and post-contract phase at any point in time, we have a wealth of current market knowledge available.&quot;

They have established offices in Sydney and Melbourne and have completed projects in other states and countries including Queensland, South Australia and New Zealand.

Hamilton Marino have also worked&nbsp;on 4248 with DealCorp which was completed late last year.

[smartcode_project:default project_id=4939 project_image_fid=152596]

<h2>4. Stroll the streets and parklands</h2>

Located a stroll from the nearby Bayside beaches, MCKN&nbsp;is surrounded by 14 hectares of open parkland, yet set primarily in the heart of McKinnon from its&nbsp;Jasper Road&nbsp;location.

Thoroughly enjoy the nearby parks and walking reserves like Joyce Park, McKinnon Reserve and&nbsp;Wattle Grove. Almost every park is&nbsp;equipped with playground equipment or even a sporting field like the nearby St Pauls Junior Football Club.

MCKN&nbsp;is in&nbsp;the encatchment&nbsp;for McKinnon Secondary College, which is only a five-minute walk away.&nbsp;Less than a kilometre away are&nbsp;St Kevin&#39;s School, Glen Orme Avenue, Mckinnon Primary School and Ormond Primary School.

The nearest train station is&nbsp;just 500 metres from MCKN, putting&nbsp;Chadstone&nbsp;and Southland Shopping Centres just minutes away. &nbsp;

[smartcode_project:default project_id=4939 project_image_fid=152584]

<h2>5. Discover local delights</h2>

Partake in the ground floor retail facilities set to host a cafe upon completion of MCKN.

Indulge in&nbsp;local dining options&nbsp;like the Allora Cucina, Mr Burch, McKinnon Village Bakery, Cafe @ 150 and more all on&nbsp;McKinnon Road, the first intersection off 236&nbsp;Jasper Road,&nbsp;the home of MCKN.

Residents can enjoy their night&nbsp;out at local bars/pubs like the Roo Baa, Mckinnon Hotel, Sonder Bar, OnTop Bar and Boundary Hotel, all less than a 10 minute drive away.

[smartcode_project:default project_id=4939 project_image_fid=152578]

<h2>6. The boutique design details</h2>

MCKN apartments feature&nbsp;stone benchtops, 2pac joinery, platinum-toned fixtures and Smeg appliances fitted in the kitchen, as well as&nbsp;spacious open plan living areas that extend&nbsp;to outdoor balconies and&nbsp;terraces.

Bathrooms feature&nbsp;large format stone tiles, a minimalist walk-in shower, floating vanity and concealed cistern toilet.

Residents will enjoy storage space and a practical floorplan, which offers flexibility to suit all lifestyles due to it&#39;s open plan nature.

The development offers all sorts of amenities&nbsp;needed for every family with&nbsp;spacious open plan living areas that extend&nbsp;to outdoor balconies and&nbsp;terraces.

MCKN is the combined effort of DealCorp, local builder Hamilton Marino and architectural firm Ritz & Ghougassian who led the design on the facade and interiors.

jordan_55689

Six things Urban love about DealCorp's MCKN apartments in McKinnon

Victorian developer Moremac has sold 300 lots at their Donnybrook estate, Kinbrook in the first six months of 2021.

It represented a record number across its&nbsp;Victorian portfolio, highlighting unprecedented demand for greenfield spaces.

Located in Melbourne&rsquo;s north, Kinbrook&rsquo;s highest selling month this year was&nbsp;April.

It saw two lots purchased per day on average, at a time when the Home Builder stimulus package had wrapped up and as new home sales halved across Australia.

Kinbrook offers entry-level and first home packages within The Glide precinct of the estate, and second home options within the southern Lavender Rain pocket.

Lots within Lavender Rain are larger in size - ranging in size between 350 and 643 square metres.

[smartcode_project:default project_id=24745]

Nalin Sharma purchased his first block of land at Kinbrook in May - with more space, high connectivity and true value for money attracting him to the area.

Working in sales and travelling frequently across Victoria including Geelong, Dandenong and Melbourne CBD, Nalin said that access to the freeway was a primary consideration for the decision to buy in Kinbrook.

&ldquo;Other developments were positioned further back into the suburb, but the land we&rsquo;ve purchased is 200 metres from Donnybrook Rd which leads onto the freeway in minutes,&rdquo; said Nalin.

&ldquo;We were also really impressed with the estate&rsquo;s masterplan and vision for what&rsquo;s to come, including open spaces and parks at the back of the estate and upcoming schools.&rdquo; &ldquo;We have a two-year-old son, so by the time he is enrolled, we will have plenty of options in walking distance for him to go to,&rdquo; he said.

Kinbrook is set to commence work on a community park in the coming weeks, with public primary and secondary schools due within the next 18 months.

Meanwhile Mirvac is seeing sales at its recent masterplanned community at Donnybrook, its 465-hectare Olivine estate.

Olivine already has 200 plus residents, across 85 homes, with 11,000 residents once completed. For a time last year around 70% of sales were to first home buyers.

The 465-hectare Olivine community will comprise in excess of 4,000 lots with 120-hectares of land dedicated to open space and conservation.

Olivine is set to get a 9ha sporting precinct including dog park and skate park, Hayes Hill State Government primary school and a future local town centre featuring 10,000 sqm of retail and 5,500 sqm of commercial space anchored by a town plaza.

Kinbrook offers entry-level and first home packages within The Glide precinct of the estate

Donnybrook, Kinbrook sees 300 housing lot sales in 2021

The priciest resale apartment listing since completion of South Yarra&#39;s Capitol Grand, known by many as LK Tower after its developer, has hit the market.

It is a 45th floor apartment in the Bates Smart complex on Chapel Street.

It has separate wings, with one devoted to the main suite, the second wing offering the flexibility of two further bedrooms or a guest suite and home office/study.

The apartment, officially known as 4501/1 Almeida Crescent, is for sale by expression of interest.

There is an indicative selling price of $9.2 million to $9.75 million through Andrew Sahhar at Kay &amp; Burton.

It first sold off the plan in 2018 at $9.2 million.

There is an asking price of&nbsp;$20,400,000 for&nbsp;unit 4701 in the Capitol Grand.

South Yarra continues to offer luxury off the plan purchasing opportunities including 661 Chapel.

[smartcode_project:default project_id=600 project_image_fid=13472]

Earlier this year there was a $17 million penthouse sale at 661 Chapel Street through Burtons estate agent Taylor Dow.

A local resident bought the penthouse that crowns the 126 apartment, 30-storey apartment tower by Malaysia-based developer Gamuda Land.

The 720-square-metre penthouse is across three full floors.

It sold as an empty shell allowing the new owner to customise the fit-out.

[smartcode_project:default project_id=600 project_image_fid=94632]

Gamuda Land&#39;s $134 million project was its first in Australia.

South Yarra&#39;s previous penthouse sales include a $16 million apartment at the top of Beulah International&#39;s Fawkner House project opposite Fawkner Park.

The $50 million penthouse atop the Capitol Grand high-rise on the corner of Chapel Street and Toorak Road was retained by its developer, Larry Kestelman.

In 2019 the South Yarra penthouse of developer Michael Fox sold for $9.12 million in the 2015-built Central South Yarra block that he built.&nbsp;

The 30-level, 367-apartment block was designed by Rothelowman in collaboration with Plus Architecture.

[smartcode_project:default project_id=600 project_image_fid=94605]

There&#39;s been a long pause on the 402-416 Chapel Street island site, which since 2015 has been set to be a 12 level mixed-use development holding 75 metres of frontage to Chapel Street and bound by Simmons Street, Bray Street and Grey Street.&nbsp;

The design the Fried Spotlight family was by Plus Architecture.

In 2016 there were plans for a $120 million Aloft Hotel on the site.

There&#39;s a project in the works at the flagship Jam Factory, which will be redeveloped under a new partnership between Newmark Capital, Gurner and Qualitas.

The new plans for a mixed-use precinct comes with an expected end value of about $1.4 billion.

Franze Developments remains in planning with their site at 430-438 Chapel St, the site known through past decades as the Chapel Street Huts.

[smartcode_project_cta: project_id=600]

The $50 million penthouse atop the Capitol Grand high-rise has been retained by its developer, Larry Kestelman.


Luxury apartment listings on Chapel Street, South Yarra

Melbourne had a 63 percent weekend success rate from 343 apartment and townhouse offerings, on what was Melbourne&#39;s second busiest weekend this year.

Melbourne&#39;s top apartment sale was $1.68 million in Port Melbourne.

The three bedroom apartment has views across the waters of Port Phillip Bay spanning from Williamstown, past St.Kilda and down towards the Mornington Peninsula.&nbsp;

It last sold at $935,000 in 2007.

The complex has an in-ground swimming pool and a gymnasium.

[smartcode_project:default project_id=89720 project_image_fid=147514]

Sales of trophy apartments continued in Sydney despite the elevated lockdown restrictions.

There was a $3.3 million sale of a two bedroom, two bathroom apartment in Harry Seidler&rsquo;s Horizon building.

The panorama includes Sydney&rsquo;s Harbour, Bridge, Opera House, and the CBD skyline from its 23rd floor.

It sold in February 2020 at $2.4 million.

Sydney had 79 percent success rates for the 291 apartment auctions.

There were 685 auction results for apartments and townhouses across the capital cities over the past week, with a 68 percent success rate, according to CoreLogic.

There were 685 auction results for apartments and townhouses across the capital cities over the past week, with a 68 percent success rate, according to CoreLogic.

Anchorage, Port Melbourne apartment tops weekend Melbourne apartment sales

Owner-occupiers are acting quickly to secure an apartment in Live City at Ropeworks, the latest Footscray development from R&amp;F Property Australia.

Live City is the first stage of the masterplanned development revitalising the historic Kinnears Ropeworks site.

The development brings together a fully integrated, mixed-use community that&rsquo;s thriving with character and history.

[smartcode_project:default project_id=3565 project_image_fid=77396]

Set amid heritage buildings and laneways, cafes, convenience shopping and public open spaces, the precinct will feature a wide range of apartments in one, two and three-bedroom configurations.

The low maintenance benefits of apartment living have been a big drawcard for owner-occupiers, a testament to the project&rsquo;s liveable design.

Honouring the past, hints of the old Kinnears will be present throughout the development with a number of early 1900s manufacturing and storage buildings repurposed for the community.

<blockquote>
&ldquo;Design within the public spaces will incorporate its industrial history and antique parts of the factory will be reimagined within the art scene&rdquo;, the developers said.
</blockquote>

Live City will be situated amongst the diverse dining experiences and cultural heritage of Footscray.

[smartcode_project:default project_id=3565 project_image_fid=68174]

Residents in the development enjoy being so close to health and leisure amenities, as well as outdoor spaces, well-serviced transport and numerous stores.

Designed by Hayball Architects, Live City features a neutral palette to reflect the earthy, tactile rope factory heritage.

The apartments feature open-plan living and dining space for entertaining and socialising, with clever storage solutions and premium finishes.

[smartcode_project:default project_id=3565 project_image_fid=68172]

A communal lounge area on an upper podium of the building boasts sweeping views across the Melbourne CBD and the suburbs below. &nbsp;

With the transformation of Footscray underway, residents are better connected.

Live City is located less than two-kilometres from Footscray Station, serviced by the Metro Tunnel, the 27-kilometre Melbourne Airport Rail link and soon the West Gate Tunnel Project forecast to open in 2023.

[smartcode_project_cta: project_id=3565]

Live City is the first stage of the masterplanned development revitalising the historic Kinnears Ropeworks site

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ALTA Property to deliver $200 million Queens Road apartment tower

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Developments

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New townhouses

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