<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?

Mirvac&rsquo;s Voyager tower is one of the newest developments set within the master planned Yarra&rsquo;s Edge precinct.

Located on the Docklands waterfront, the 315 apartment development rises 130 metres from the ground, with 43 levels soaring into the sky.

Set for completion in the coming months, Voyager will be the ninth completed tower in the Yarra&rsquo;s Edge development following the completed Forge just adjacent.&nbsp;

Urban has taken a deeper look&nbsp;and highlighted the top seven attributes of Voyager&nbsp;that should interest buyers.

[smartcode_project:default project_id=3494 project_image_fid=89724]

<h2>1. Developed by the All In One Experts, Mirvac</h2>

Mirvac is one of Australia&#39;s leading, diversified property groups shaping and creating developments across Australia.

From top to bottom Voyager shows off Mirvac&rsquo;s penchant for quality control, with design and construction also being handled by their in-house teams.

Mirvac have also put a green foot forward as a leading influence amongst developers in the transition towards renewable and sustainable residential projects with a target to become net carbon positive by 2030.

With over 49 years of architecture experience they don&#39;t stop at shaping just buildings Mirvac is really about building a community, and it doesn&#39;t get much better than Yarra&#39;s Edge in Docklands.

[smartcode_project:default project_id=3494 project_image_fid=164637]

<h2>2. Live life your way in the Docklands Precinct</h2>

Yarra&rsquo;s Edge is a rare 14.5-hectare inner-city sanctuary located on the north-facing bank of the Yarra River, with strong connectivity to the CBD, Southbank and the future Fishermans Bend precinct.

Nearby there&#39;s a selection of cafes and restaurants, from casual cafes to upmarket eateries, including Anchor Eatery, Espressionist Cafe, Hooks at the Yarra, Lorimer Gallery, Mad Duck Caf&eacute;, Pizza Societe and Sassone Italian Restaurant.

There&rsquo;s plans for a future 1,000 sqm retail hub, which is anticipated to service both the local community and the broader Fishermans Bend and Docklands catchment area.

The YE Marina caters for boats up to 30 metres. It features full services booths with power and water facilities, 24-hour security and wireless internet access.

Part of the Voyager tower will be The Wharf Club &ndash; a state-of-the-art health and fitness facility which boasts a pool, spa, steam room, gym, fitness facilities and caf&eacute;.

[smartcode_project:default project_id=3494 project_image_fid=90814]

<h2>3. Come home to ease and convenience</h2>

Aligning with the building&rsquo;s sophisticated and elegant residences, a large functional lobby space helps add to the development&rsquo;s hotel-luxe atmosphere.

The ground floor lobby will be home to the on-site concierge and the lobby gallery.

&ldquo;The curved surfaces of the lobby reflect the nature of the building, creating a holistic experience from inside to out&rdquo;, Mirvac Design Director Michael Weiner said.

[smartcode_project:default project_id=3494 project_image_fid=164658]

<h2>4. Enjoy luxuries you&#39;ve never imagined at your fingertips</h2>

Featuring an abundance of premium amenities designed for residents and their guests to entertain or retreat, Mirvac has gone all out at Voyager.

Designed with flexibility in mind, the rooftop Skydeck and Bar includes a variety of indoor and outdoor spaces.

Rooftop space includes large rooftop terrace, BBQ, firepit, yoga lawn, bar, dining room with chef&#39;s kitchen, theatre/karaoke room.

[smartcode_project:default project_id=3494 project_image_fid=89070]

<h2>5. Voyager offers buyers choice</h2>

Voyager offers residents the choice between two polished colour schemes, Halcyon and Intrepid.

Halcyon, marketed towards those who &ldquo;understand sophistication,&rdquo; features neutral accents, stone benches, metallic finishes and soft tones.

Meanwhile Intrepid explores darker tones, with a different colour scheme for the joinery and benchtops.

The Mirvac Design team&rsquo;s goal was to create contemporary, versatile residences to suit all lifestyles and life cycles, ensuring Voyager appeals to a broad demographic of purchasers through a diverse range of built form and liveability.

[smartcode_project:default project_id=3494 project_image_fid=164641]

<h2>6. Enjoy a&nbsp;Melbourne CBD location with an aspect of the city</h2>

As the tallest building to date at Yarra&rsquo;s Edge, Voyager offers sweeping views across the city skyline and beyond.

Dominating the Docklands skyline, the striking tower&rsquo;s smooth glass exterior is a beacon catching the eye those coming to Melbourne over the Bolte Bridge.

&ldquo;The curved fa&ccedil;ades reflect the changing light as the sun moves on its daily journey, an iconic beacon that welcomes residents home&rdquo;, Mirvac Design Director Michael Wiener said.

[smartcode_project:default project_id=3494 project_image_fid=164639]

<h2>7. Priced affordably for Investors and Owner Occupiers</h2>

Comprising 315 apartments, Voyager has a collection of one, two and three-bedroom apartments with prices starting as low as $601,500 for a one bedroom apartment.

There is a spread of different sized two bedders on offer with prices starting at $706,500 for a two bedroom, one bathroom apartments and $774,400 for a two bedroom two bathroom apartment.

Three bedroom residences in the Docklands development start around $1.3 million.

[smartcode_project_cta: project_id=3494]

Set for completion in the coming months, Voyager is a reflection of Mirvac’s ongoing commitment to the precinct

jordan_55689

Seven reasons Mirvac's Voyager at Yarra's Edge should be on buyer's shortlist

With beautiful architecture, a vibrant community and great local offerings, Moonee Ponds&rsquo; The Brass Edition provides the ideal residence for new homebuyers.

Situated at 144 Pascoe Vale Road, the development is the latest project delivered by Empire Properties.

Designed by esteemed architects Clarke Hopkins Clarke, the boutique collection of 22 two and three-bedroom homes draw on the heritage of the streetscape.

[smartcode_project:default project_id=3233 project_image_fid=160012]

Each apartment offers living areas with abundant natural light, floor-to-ceiling windows and large balconies with climbing greenery.

Owner-occupiers and investors are flocking to the development thanks to its rare location in a sought-after pocket of Moonee Ponds allowing easy to access to the city and surrounds.

Urban takes a look at eight local offerings that make a compelling case for purchase. &nbsp;

1. Queens Park

[smartcode_project:default project_id=3233 project_image_fid=160022]

In this pocket of Moonee Ponds you have everything at your fingertips, Queens Park with its beautiful gardens, walking trails and outdoor swimming pool is only moments away.

The park features a picturesque cottage, idyllic surrounds and lovely public art pieces.

Perfect for families, the park includes seating and picnic tables, lakeside walking paths and lush greenery.

2. Caf&eacute;s and Eateries

With an amazing array of caf&eacute;s and eateries, residents will be spoilt for choice with local favourites including St Rose, Caf&eacute; Celine and Brother Hen only a minute walk away.

&ldquo;Moonee Ponds plays host to a variety of casual, family and fine dining experiences&rdquo;, the project marketing reads.

The precinct also comes to life in the afternoon and evenings with local bistros, cocktail and wine bars providing the perfect place to socialise, relax and unwind.

3. Puckle Street Precinct

<img alt="" height="600" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/02-1.jpeg" width="800" />

Puckle Street Precinct features over 100 retail stores and fashion outlets with a variety of local and international branded stores in close proximity to The Brass Edition.

As one of Melbourne&rsquo;s most famous shopping and dining strips, residents can browse dozens of speciality shops and fashion boutiques, as well as enjoy the Victorian and Edwardian architecture that freckles the streetscape.

4. Moonee Ponds Central

The recently revamped Moonee Ponds central is the perfect place to satisfy daily cravings and everyday necessities.

Only a short walk away, the centre features major stores like Kmart, Coles and Aldi and houses over 68 fashion, food and variety stores.

5. Public Transport

[smartcode_project:default project_id=3233 project_image_fid=160015]

Tram and bus stops are only metres from The Brass Edition, which transport locals into the city and beyond.

The tram 59 stop is well-serviced by trams to the Queen Victoria Market, Melbourne Central and Flinders Street Station.

Essendon Station is a short 10-minute walk away.

6. Schools and Education

Moonee Ponds features a variety of educational offerings for families, no matter the age.

Both public and private educations options are available, including the popular Moonee Ponds Primary only a two-minute walk away and the esteemed Penleigh &amp; Essendon Grammar also close by.

The Monash Parkville campus, RMIT Brunswick campus and University of Melbourne main campus are all within equally close proximity to the development.

[smartcode_project:default project_id=3233 project_image_fid=160012]

[smartcode_project_cta: project_id=3233]

max.kwok_55688

The Brass Edition walking tour: Six local offerings that residents should embrace at Moonee Ponds

Newly complete and ready-to-move-in, Rise is the latest Melbourne development delivered by leading property developer Caydon.

Situated in the highly sought-after Moonee Ponds, the 29-storey tower is located in the heart of a vibrant village and is just moments from transport to take you to Melbourne and beyond.

[smartcode_project:default project_id=5328 project_image_fid=155355]

Comprising 297 one, two and three-bedroom residences, Rise delivers a luxury living experience with spacious floorplans, cutting-edge interiors, floor-to-ceiling windows and numerous amenities.

Designed by Fender Katsalidis, the development features a level 22 conservatory with skybar, landscaped deck and gorgeous city views.

Urban takes a look at three of the featured floorplans available at Rise.

1. Apartment 1001

<img alt="" height="780" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2021-06-23_at_9.21.18_pm.png" width="1404" />

Apartment 1001 is one of the many floorplan configurations available at Rise, delivering one bedroom, one bathroom and a car space on the tenth floor.

Boasting an internal area of 56sqm, the homes feature natural timber throughout, with a choice of light or dark timber schemes.

[smartcode_project:default project_id=5328 project_image_fid=164755]

The bathroom, designed for Rise by Omvivo, includes a full-width shower, bespoke solid surface basins and clever storage solutions.

Other features in the home include a 6sqm balcony and a built-in study space.

2. Apartment 1003

<img alt="" height="852" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2021-06-23_at_9.21.02_pm.png" width="1414" />

Also located on the tenth floor is Apartment 1003, a three-bedroom, two-bathroom apartment delivering clever shared spaces and a holistic living experience.

The 124sqm apartment features bespoke includes integrated European appliances and built-in robes.

[smartcode_project:default project_id=5328 project_image_fid=163913]

Other features in the home-sized residence two car spaces, a walk-in pantry and a 13sqm light-filled balcony

The queen-sized master bedroom also includes an ensuite, soft carpeting and walk-in robe.

3. Apartment 2408

<img alt="" height="1030" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2021-06-23_at_9.20.36_pm.png" width="1420" />

Situated on level 24, Apartment 2408 is one of the 62 penthouse-style apartments that occupy the top eight levels of Rise.

Named Skyhomes, these residences are defined by high-end architecture and walls of glass that frame views of Melbourne.

[smartcode_project:default project_id=5328 project_image_fid=163914]

The three-bedroom, two-bathroom apartment includes open-plan kitchen, living and dining and sliding doors out to a large balcony.

Among its other features include wide oak floors, gold metallic rangehood suspended from the ceiling and a free-standing bath in the bathroom.

[smartcode_project_cta: project_id=5328]

Comprising 297 one, two and three-bedroom residences, Rise delivers a luxury living experience with spacious floorplans, cutting-edge interiors, floor-to-ceiling windows and numerous amenities

Floorplan focus: Uncover the spacious residences at newly complete Moonee Ponds apartments, Rise

Plans to transform the &shy;Geelong saleyards into a new housing precinct for 1300 residents advanced this week when the city councillors adopted its saleyards precinct plan.

Medium and high-density residential projects will proceed at the Geelong saleyards which permanently closed to the sale of sheep and cattle in 2017 after a 70 per cent decline in numbers through the saleyards from 2000 to 2016.

The 149-year-old site will see apartment complexs up to six-storeys high, along with commercial and retail areas, and cultural and parks.

Aspects of the historic saleyards would be retained under the plan by City of Greater Geelong (CoGG).

The state planning minister will now prepare a planning scheme amendment to introduce development controls.

[smartcode_project:default project_id=5559 project_image_fid=88243]

The site is close to Central Geelong, the waterfront, the North Geelong train station and other transport links.

The evolution of Geelong gained momentum with the launch of Franz&eacute; Developments&rsquo; $150 million Geelong Quarter precinct in 2018.

It was described as the most significant mixed-use project on the Bellarine Peninsula in two decades.

Designed by Architectus, Geelong Quarter will be an active hub for 1,500 residents, workers and visitors each day on its 2022 completion.

The former Trans Otway bus depot at 44 Ryrie Street will see a $200 million transformation with the project within walking distance to Geelong train station, connecting Melbourne in about an hour..

The largest tower will contain a Holiday Inn &amp; Suites hotel and luxury owner-occupier apartments above, known as Ryrie Residences.

Marketing is currently underway on another offering, Ryrie Home, the residential apartment complex where many of the 109 one, two and three-bedroom apartments have views of Corio Bay.

[smartcode_project:default project_id=5559 project_image_fid=88244]

Paul Franz&eacute;, founder and managing director of Franz&eacute; Developments, noted on launch that over 5.3 million visitors came to Geelong annually and 2.2 million are overnight visitors.&nbsp;

&quot;The strong owner- occupier market, combined with the population boom, means there&rsquo;s demand to cater for visitors to the city, as well as residents and workers.&nbsp;

&quot;Geelong Quarter has been designed with this in mind, to cultivate significant activity that will add incredible value to the city.&rdquo;

The Geelong saleyards permanently closed to the sale of sheep and cattle in 2017

jchancellor

Residential scheme replacing saleyards to add to Geelong's transformation

The Melbourne-based builder developer Cornus has seen solid buyer demand in its Carnegie apartment development, Cornus Carnegie.

Around 20 per cent have sold since the launch, with the majority&nbsp;of the 61 two and three bedroom apartments snapped up by first home buyers who took advantage of government incentives earlier in the year.

Most of the apartments that have sold have been close to the $600,000 mark, which qualified for the first home buyer grant.

[smartcode_project:default project_id=96653 project_image_fid=158222]

Cornus were expecting a surge in first home buyers, and don&#39;t expect the appetite from first home buyers to&nbsp;cool off despite the government grants expiring at the end of June.

As house prices across Melbourne continue to rise, Cornus are receiving interest from buyers who have been priced out of the housing market and are keen on the fixed price for off the plan apartments.

The surge in the housing market however has seen the emergence of the downsizer, who are selling their larger homes at premium prices and looking to downsize to larger apartments.

Cornus told Urban that a lot of first home buyers had been drawn to Cornus Carnegie due to the location of the development.

[smartcode_project:default project_id=96653 project_image_fid=158220]

&quot;It&#39;s a really popular area and doesn&#39;t really have many properties for sale,&quot; Cornus said.

&quot;The coveted suburb has great amenities and is great for young people, with good restaurants, bars and cafes.&quot;

Two bedroom apartments in Cornus Carnegie start from $575,000, with the three bedroom apartments priced from $849,000. Completion is slated for the end of 2022.

Cornus has also recently launched Cornus Oakleigh, in the neighbouring suburb.

The development of 69 apartments and 10 townhouses has prices starting from $449,000 for one bedroom apartments, $549,000 for two beds and $789,000 for three bedroom apartments.

The three bedroom, two bathroom townhouses start at $1.15 million.

&nbsp;

Most of the apartments that have sold have been close to the $600,000 mark, which qualified for the first home buyer grant

Why first home buyers are snapping up apartments in Cornus Carnegie

The Melbourne developer Lowe Living has sold nearly two thirds of its&nbsp;seaside Parkdale apartment development, Topaz Parkdale.

The developer, led by managing director Tim Lowe, has seen a diverse buyer profile for the premium apartments, which have been designed by Chamberlain Architects in collaboration with the landscape architect Jack Merlo.

First home buyers and downsizers have both been prominent in the purchasing in the 22 apartment block.

Lowe&nbsp;said that the meticulous craftsmanship and unparalleled attention to detail of Topaz Parkdale, combined with the prized bayside location, will present a sought-after opportunity for several buyer types looking to leverage government incentives.&nbsp;

[smartcode_project:default project_id=29852 project_image_fid=89861]

&ldquo;Topaz Parkdale is inspired by its desirable location,&rdquo;&nbsp;Lowe said.

&ldquo;With the beauty of Port Phillip Bay only a short walk away, along with the enviable amenities of the much-loved Parkdale Village and neighbouring bayside suburbs. Topaz Parkdale will give a variety of buyer types the rare opportunity to enjoy a sea change while not compromising on locale or quality.&quot;

One, two and three bedroom apartments are still available. The one bedders start from $524,000, the two bedroom apartments from $889,000 and the bigger three bedroom apartments from $1,069,000.

There are also a small selection of three bedroom townhouses, which are priced from $1,395,000

[smartcode_project:default project_id=29852 project_image_fid=89866]

Construction is underway at Topaz, with completion slated for late 2022.

Lowe says that one of the most unique aspects of Topaz Parkdale is the relationship between architecture, landscaping and surrounds.

Lush planting design by Jack Merlo, spilling over private courtyards and balconies, match the low maintenance, textural palette of contrasting brickwork, toned renders and metal cladding.

[smartcode_project:default project_id=29852 project_image_fid=89863]

&ldquo;These elements have all been carefully considered to create a sense of sanctuary, synonymous with a relaxed beachside lifestyle,&quot; Lowe says.

&ldquo;Carefully crafted floorplans promote light-filled rooms with spacious interiors that seamlessly transition for complete outdoor connection.&quot;

About the developer

Lowe Living&nbsp;was developed in 2015 due to market opportunity and to continue the Lowe name&rsquo;s strong legacy of delivering high-quality projects, particularly specialising in multi-level residential apartments in Melbourne.

Through the combination of Lowe Living and Lowe Create, Lowe Living offers end-to-end services in land acquisition, design and building services, development management, preparation for launch including sales and marketing support, and post purchase support.

The developer, led by managing director Tim Lowe, has seen a diverse buyer profile for the premium apartments



Lowe Living secure 60 per cent of apartment sales at Topaz Parkdale

The Melbourne-based developer Landream,&nbsp;in collaboration with project manager&nbsp;Codicote, have announced the high-end residential builders, Kapitol Group, have been awarded the $17 million plus construction contract to deliver the&nbsp;Malvern East apartment development Hurstmon.

Kapitol, who have built Sarah Sands in Brunswick and are also currently building a 20 apartment development in Collingwood, are set to start construction next month of the Telha Clarke-designed apartment project of 39 apartments.

The location at 3 Hurstmon Street is unique. It is rare&nbsp;an apartment building in the Stonnington LGA isn&#39;t developed on a main road. The 1,790&nbsp;sqm site sits quietly off Malvern Road.

[smartcode_project:default project_id=4807 project_image_fid=84184]

Mitchell Crawford, Landream&#39;s senior development manager, says Landream&nbsp;always strives to engage local professionals where possible across their portfolio of projects.

&quot;Hurstmon was no exception,&rdquo; Crawford said.

The project is set to generate work for over 450 local contractors during the construction program.

Kapitol Group director Andrew Deveson said the team were looking forward to putting their&nbsp;world-class construction experience towards delivering a high quality outcome at Hurstmon, where future residents will enjoy living in years to come.

[smartcode_project:default project_id=4807 project_image_fid=84185]

Emphasis has been placed on the delivery and installation of the unique vertical rammed earth columns that line the front and west fa&ccedil;ade of the building.

&ldquo;Rammed earth columns sit proudly on the fa&ccedil;ade of Hurstmon paying homage to the earthy tones of the site&rsquo;s surrounds and defining each residence, allowing residents to have a clear sense of their home,&rdquo; Tim Clarke, director of Telha Clarke says.

This enables the building to meld seamlessly into the local streetscape, which is filled with the abundant native greenery that Malvern East is known for.

Crawford says Hurstmon is one of the only residential developments in Victoria to feature the sustainable natural building finish.

[smartcode_project:default project_id=4807 project_image_fid=84191]

&quot;[The finish] traditionally only&nbsp;stars&nbsp;in luxury homes, museums, art galleries and wineries due to its bespoke nature,&quot; Crawford says.

In keeping with the theme of supporting local, the earth for the columns will be sourced and manufactured in the Victorian High Country through the&nbsp;family run business Earth Structures.

Earth Structures are responsible for many of the buildings in Victoria that feature rammed earth including the renowned Tarrawarra Museum of Art located at the Tarrawarra Estate winery in the Yarra Valley.

Hurstmon is scheduled for completion by end of 2022, and will sit in landscaping from Eckersley Garden Architecture, who <a href="/news/vic/eckersley-garden-architecture-shares-inspiration-behind-the-design-of-hurstmons-garden-areas">recently shared their insights in to Hurstmon</a>.

Launching soon is the developer&#39;s&nbsp;release of three-bedroom apartments, with pricing ranging from $1,375,000.

Emphasis has been placed on the delivery and installation of the unique vertical rammed earth columns that line the front and west façade of the building.

Landream appoint Kapitol Group to construct Malvern East apartment development Hurstmon

Smith Street, the edgy Collingwood strip of food joints and bars,&nbsp;was recently named the coolest street in the world&nbsp;in a poll by the entertainment and exploration guide, Time Out.

It beat out the likes of London&#39;s South Bank on the River Thames and the famous Sunset Boulevard strip in LA.

But the street wasn&#39;t always the go-to hangout for Melbourne&#39;s inner residents.

Developer Tim Gurner, who leads the residential development firm GURNER, said people thought they were crazy when launching projects just off Smith Street around 14 years ago, long before it had taken off.

&quot;I remember our first display suite kept getting broken into and the TVs and electrical equipment would get stolen,&quot; Gurner recalled.

&quot;But I just fell in love with the incredible heritage buildings and warehouses and felt that gentrification would change the face of the area and attract the young professionals that would eventually lead to all the best restaurants, bars, shops and then eventually more demand.&quot;

He said one of the things he looks for when deciding on where the develop a project is the area&#39;s &#39;cool factor&#39;.

&quot;Have the artists and creators moved into an area? Are new restaurants opening up? Does the area tell a story? If the answers are yes, I know culturally the area is set for a massive resurgence and know that&rsquo;s where we should be looking for sites, so that we can play a role in that cultural regeneration.&quot;

Of course the rich-lister developer goes in to each development knowing that that data is crucial, with rental vacancy rates, walkability scores, and median price points analysed.

But Gurner says that he also needs to personally love the area.

&quot;I need to feel like it&#39;s somewhere I could imagine myself living,&quot; Gurner says.

&quot;Often when I&rsquo;ve walked around streets of areas we are looking at, it&rsquo;s reminded me of places I&rsquo;ve been to in New York, Brooklyn or LA. That&rsquo;s when I know we are onto something really exciting and we often end up developing multiple projects there over many years.

GURNER&#39;s latest development on Smith Street is E.S Smith, the contemporary, New York-style development of 41 apartments.

[smartcode_project:default project_id=5615 project_image_fid=166290]

&quot;I think E.S&nbsp;Smith&nbsp;is my 17th&nbsp;project within a two kilometre radius, so you can tell I really love the area and believe in it on a much deeper level than data alone.&quot;

The design by&nbsp;Warren and Mahoney Architects draws inspiration from private clubs in New York&#39;s hip borough Brooklyn.&nbsp;Completion is slated for early 2023.

&quot;Collingwood&nbsp;has a distinct NY Meatpacking feel to it so we wanted to celebrate that with our projects, rather than compete with it,&quot; Gurner says.

[smartcode_project:default project_id=5615 project_image_fid=166292]

The development will see the 100 year old facade retained at street level, where there will be retail space.

Gurner says Smith&nbsp;Street has so many incredible heritage buildings still intact from the Foy &amp; Gibson era so we were really keen to be able to play a part in another project with historic appeal.

&quot;E.S&nbsp;Smith&nbsp;is our latest development on&nbsp;Smith&nbsp;Street and it ticked all the boxes for us &ndash; a heritage fa&ccedil;ade surrounded by all the best restaurants and cultural elements. We knew this was going to be something special.&quot;

Gurner says it was well foreseen that Smith Street was going to take off.

&quot;Collingwood and Smith Street in particular are so close to&nbsp;East&nbsp;Melbourne, which is one of this city&rsquo;s most prestigious suburbs, so I knew some of that demand would soon start to be reflected in the surrounding areas. &nbsp;

&quot;Collingwood and Fitzroy have seen the progressive transformation of so many key streets from Gertrude Street and Cambridge Street through to Brunswick and Johnston Streets, so&nbsp;Smith&nbsp;Street was the natural next step of this gentrification process.&quot;

He said one of the things he looks for when deciding on where the develop a project is the area's 'cool factor'.

Why Tim Gurner chose Collingwood's Smith Street, the world's coolest street

EXPERT INSIGHT

With the stamp duty waiver for purchases of Victorian residential property set to end on 30 June, the next fortnight may prove fruitful for investors considering their next purchase.

The Australian property market is continuing to grow at an unprecedented rate, with the latest data from CoreLogic showing national home values rising another 2.2% in May.

However, not every suburb in every city across the country will experience growth.

The question then, particularly for those looking to grow their property portfolios, is when do I buy, and where?

[smartcode_project:default project_id=600 project_image_fid=13472]

<h2>When do I buy?</h2>

Last November, the State Revenue Office Victoria initiated a land transfer duty waiver for purchases of Victorian residential property with a dutiable value of up to $1 million, and on 30 June, this incentive will end.

The waiver reduces stamp duty by as much as 50% for new residential properties - 25% for existing residential properties and vacant residential land. In other words, property investors stand to save up to $15,000 - and this is after other eligible benefits, such as the principal place of residence, and pensioner concessions, have been applied.

With some easing in the impact of government incentives, and Victoria being the only state with any such concessions available to investors, for Australians looking to diversify their property portfolios at a discount, the time to buy is now.

[smartcode_project:default project_id=5490 project_image_fid=78490]

<h2>Where do I buy?</h2>

Savvy investors purchase properties in locations where developers are out of sync with market demand.

In the face of significant and unpredictable lockdown measures, common sense might dictate that now is not the time to invest in Melbourne. After all, it fell six places in the 2021 Economist Intelligence Unit&rsquo;s Global Liveability Index, and according to a report by the Centre for Population, published in December, interstate migration out of Victoria is expected to grow as residents seek greater stability.

However, a strong investment is one built on strong data, and this data does not paint a complete picture.

There are select suburbs, even streets, in Melbourne where growth could be substantially greater than others.

Among these regions is Geelong. Unlike most other regional cities, Geelong is relatively close to a major capital city, being only a 90-minute drive to the Melbourne CBD.

[smartcode_project:default project_id=5559 project_image_fid=88241]

The planned Geelong Fast Rail will not only boost Geelong&rsquo;s transport infrastructure, but shorten the travel time into Melbourne, encouraging even greater numbers of city workers to take up residence in the region.&nbsp;In fact, the City of Greater Geelong is one of the fastest growing regions in Australia, with its population of 250,000 expected to swell to 350,000 by 2041.

Its unemployment rate (4.3%) is well below the national average (6.7%), and in the last five years alone, median house prices have risen over 46%.

Scott Kuru and Lianna Pan are&nbsp;Co-Founders of Freedom Property Investors

With the stamp duty waiver for purchases of Victorian residential property set to end on 30 June, the next fortnight may prove fruitful for investors

Melbourne real estate is ripe for investment: Freedom Property Investors

Nestled in the shade of the River Red Gums, Mason Quarter is an exclusive new community creating lifestyle opportunities in&nbsp;Wollert.

Delivered by Cedar WoodsThe community offers an&nbsp;opportunity to&nbsp;that suits any lifestyle in beautiful, natural surrounds, with a diverse range of home styles available.&nbsp;

Mason Quarter is a 64-hectare master planned community in Melbourne’s northern growth corridor, located only 25 kilometres from the CBD.

[smartcode_project:default project_id=99962 project_image_fid=160810]

The&nbsp;project incorporates around 800 dwellings, two schools, community facilities, a 7.9-hectare conservation reserve and over 30 distributed tree reserves with majestic river red gums.

The community is conveniently located within walking distance of the future Wollert town centre and there is a range of existing infrastructure and public amenity available nearby including the Hume Freeway, Metropolitan Ring Road, hospitals, shopping centres and public transport.

<a href="/developments/wollert-vic-3750">Enquire now at Urban</a>.

[smartcode_project_cta: project_id=99962]

Mason Quarter is a 64-hectare master planned community in Melbourne’s northern growth corridor, located only 25 kilometres from the CBD

Latest Victoria Property News

ALTA Property to deliver $200 million Queens Road apartment tower

Editor's Picks

Developments

New apartments

New townhouses

News

Latest Victoria Property News

ALTA Property to deliver $200 million Queens Road apartment tower

Editor's Picks

Receive the latest news stories to your inbox

Developments

New apartments

New townhouses

News