<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?

JCL Prime, a new Melbourne property development company aims to specifically target the owner occupier market, and shun the investor market.

Its Surrey Hills project, Arbour Park, is about to launch with 43 apartments.

With views across Surrey Gardens, the pricing at the 352-358 Canterbury Road apartment complex through CO-LAB Residential will be $695,000 to $2.5 million.

Henny are the builders with landscape gardening by Openwork at the site located between Union and Norfolk Roads.

[smartcode_project:default project_id=100670]

Eric Loi and Lawrence Choong have a current pipeline with an end value of $150 million across three Melbourne projects, adding Toorak and Clifton Hill to their Surrey Hills site.

JCL Prime was founded by the local Melburnians in late 2020, having identified the &quot;changing buyer market.&quot; They also expect interest from locals seeking to enter the property market, as well as downsizers.

They combined their 35 years experience and committed to delivering prime projects that provide both a high quality and affordable solution for locals buying locally, in blue chip locations.

Eric, a structural engineer, was previously been involved in unitised building modular constructions with Nonda Katsalidis. He is also a director of construction company Henny.

Lawrence is an investment manager and has overseen several development projects in recent years.

&ldquo;Currently we are seeing a saturation of investment product in Melbourne, which is not moving,&quot; says Loi.

&quot;There is no shortage of investment properties, while there is a huge gap for well-designed apartments specifically for the owner occupier and downsizer.&quot;

Surrey Hills, Toorak and Clifton Hill were secured over the past four months, and they are still actively looking for a few quality development sites.

&ldquo;We have such confidence in the market and the product we are creating that construction will commence on Arbour Park about the same time we start the sales campaign,&rdquo; Mr Loi said.

It has engaged renowned architecture firm Elenberg Fraser to create Arbour Park, and &quot;help shape the new face of Melbourne&rsquo;s neighbourhoods.&quot;

Elenberg Fraser principal Reade Dixon said, &ldquo;we have been working on a new residential platform for some time now, the New Standard, and Arbour Park comes out of the research of this design platform.&rdquo;

&ldquo;More than a house, and more than apartment living, it is a personalised residential offering... project where integrated multi-residential living eclipses the great Australian dream of the quarter acre block.&rdquo;

&ldquo;It provides all the intimacy and privacy of a home with the security and community that come with apartment living.&rdquo;

The new Melbourne property development company aims to specifically target the next home owner occupier market, and shun the investor market.

jchancellor

JCL Prime seek next home owner occupier apartment buyers at Arbour Park, Surrey Hills 

It was announced over the weekend that the Victorian Government will seek to increase stamp duty and land tax from July 1.

Stamp duty will rise from 5.5 per cent to 6.5 per cent for those purchasing any property over $2 million and a land tax increase from 2.25 per cent to 2.55 per cent for properties valued over $3 million.

There will be a larger increase in land tax on properties valued between $1.8 million and $3 million. There will be a 19 per cent from the current 1.3 per cent, up&nbsp;to 1.55 per cent.

Urban.com.au CEO Mike Bird says the proposal will have the greatest effect on downsizers and younger families.

&quot;The policy feels inconsistent with the recent federal government budget focusing on encouraging older generations to down size from the family home into something more suitable (down sizers are now able to contribute to $300k from their home sale into their superannuation at a more favourable tax rate), freeing up that housing stock for younger growing families,&quot; Mr Bird said.

&quot;We want to see barriers removed to enable home owners to &quot;rightsize&quot; into something that makes sense for their living requirements and this policy isn&#39;t helping achieve that.&quot;

One of Melbourne&#39;s most recognised developer,&nbsp;Tim Gurner, says it is not the time to kill one part of the economy that is providing strength and jobs for Australia.

&quot;These&nbsp;draconian style tax regimes need much deeper and thorough conversation and thought!!&quot; Gurner says.

[smartcode_project:default project_id=2484 project_image_fid=40832]

Gurner says the introduction can only lead to a&nbsp;big jump in house prices, as everyone just adds the additional cost to prices and supply drops, which will in turn make&nbsp;it harder for families to enter the home market with stamp duty hike.

Gurner adds that it will also&nbsp;de-incentivise developers to be active which reduces supply and will increase cost of living and homes. He says that all of these factor&nbsp;will lead to huge job losses when they filter through.

Illan Samuel, head of&nbsp;Samuel Property who specialise in luxury projects, says the proposed stamp duty increase will only lead&nbsp;to the additional cost being passed onto buyers, again putting pressure on affordability of property in Victoria.

&quot;Developers work to commercial&nbsp;returns,&quot; Samuel says.

&quot;If the cost of doing business increases, this will be passed onto the consumer - like any other business.

[smartcode_project:default project_id=13991 project_image_fid=36399]

&quot;However, if the consumer will not absorb the cost - then no transaction will occur, and ultimately the economy suffers.&quot;

Samuel says, in his opinion, that this is the&nbsp;complete opposite of what the Labour government should be proposing.

&quot;A property lead recovery out of Covid-19 market conditions, which saw Melbourne hit the hardest with long and harsh lockdowns impacting on the ability to transact is vital.

&quot;Increasing stamp duty after initial market runs will only stimy activity and create negative association to property, particularly off the plan (high density) property which, unlike the house and land sector did not benefit from the Home Builder stimulus. I

&quot;I would expect fewer transactions, leading to less stamp duty collected by the government - whereas a reduction in stamp duty would have lead to more transactions, and likely more stamp duty collected in dollar terms. It is&nbsp;a short-sighted move.&quot;

Kris Daff, the managing director at Assemble, who are pioneering affordable housing across Melbourne, says 2021 is a time when Government should be generating tailwinds for the real estate and construction sectors, sectors who are significant employers and generators of economic recovery and growth.

&quot;The introduction of foreign buyer surcharges is an example of the unintended consequences of ill-considered policy, which has contributed to new apartment sales falling off a cliff and commercial builders in the state facing huge reductions in work in hand as a result.&quot;

[smartcode_project:default project_id=94542 project_image_fid=160739]

<h2>What the experts are saying</h2>

REIV president Leah Canlan

&quot;The&nbsp;tax hikes will make Victoria a less desirable place to invest, ultimately harming jobs and the economy. 
 
&ldquo;The government continues to burden Victorians with increases to property taxes. Property already accounts for more than 40 per cent of government revenue. There is not much more capacity any one sector to absorb further tax burden. 
 
&ldquo;If the Victorian Government is serious about jobs and housing it needs to invest in real estate, not attack it.&quot;

AMP Capital chief economist Shane Oliver

&quot;While I can understand the desire to reduce the deficit, stamp duty is a bad tax that distorts economic decision making and should really be phased out in favour of land tax as NSW is considering.

&quot;So relying even more on it runs counter to this and will further distort economic decision making in Victoria as well as make housing even less affordable.&quot;

Victorian Executive Director of the Property Council&nbsp;Danni Hunter

&quot;This is a sucker punch to the industry that is building Victoria&rsquo;s recovery. One in four Victorians work in property and the Victorian Government is raising taxes at a time when it should be creating jobs.

&ldquo;This is a tax hike on the home ownership dreams of Victorians. We are heading toward a housing affordability crisis and the Victorian Government has fast tracked our way there by slugging homebuyers and businesses in this short-sighted move.

&ldquo;The Government knows the price for these tax changes will be paid by every single Victorian.&quot;

Hotspotting founder Terry Ryder

&quot;The decision by the Victorian Government to hike land tax and stamp duty on investor owners continues the age-old problem of politicians using the housing industry as a cash cow - and thereby making housing affordability worse. 
 
&quot;The problem of affordability can be summarised like this: it&#39;s caused by politicians at all three levels of government milking the housing industry for revenue. Local government does it and the Federal Government does it, but by far the worst are state governments. Every time a state government needs some extra revenue, they slug developers and investors.

&quot;They believe there&#39;s little electoral damage in doing that, but ultimately it&#39;s the home-buyers who pay, including first-home buyers. Developers can&#39;t sell a house and land package for $400,000 if it costs $500,000 to create - and a huge proportion of the cost is taxes, fees and charges from the three levels of government, but especially state governments. 
 
&quot;Right now, Australia has a rental shortage crisis and politicians should be encouraging investors to buy properties and make them available for rental. Our politicians, however, continue to discourage investors - hence the ultra low vacancies and rising rentals in most locations across Australia. With this move by the State Government in Victoria, the situation just got worse.&quot;

One of Melbourne's most recognised developer, Tim Gurner, says it is not the time to kill one part of the economy that is providing strength and jobs for Australia.

VIC stamp duty changes: What the developers and experts are saying

The Melbourne businessman Christopher Shao has secured the recent sale of his luxury penthouse in Toorak’s 29 Washington Street complex.

It was reportedly sold for close to $15 million through Kay & Burton.

It was initially sold for $14 million in 2019.

Developed in 2018, the whole floor three bedroom apartment was designed by architect Stephen Jolson.

It came with initial $20 million hopes by the boutique developers Orchard Piper who had celebrity US agents the Altman Brothers lending their name to the marketing.

The 1000 square metre space boasts pool, yoga room, sauna, and 1300-bottle wine cellar.

One of six residences in the development, its occupies the entire third floor.

It comes with private four car garaging and its own lift.

On its initial sale the apartment almost doubled the prior $8.2 million record.

The Melbourne businessman Christopher Shao has onsold his luxury penthouse in Toorak’s 29 Washington Street complex

Record setting Toorak penthouse resells for close to $15 million

The Victorian Government has revealed there will be stamp duty and land tax increases in its 2021-22 State Budget which the industry fears will worsen housing affordability.

The new measures see an estimated $2.65 billion increase in property taxes over the next four years.

Treasurer Tim Pallas revealed a series of new taxes, including increases in stamp duty for high-end residential property buyers.

Some landlords will be hit with higher land tax in Thursday&#39;s state budget.

The new &#39;premium stamp duty rate&#39; will apply to all sales contracts signed after June 30, 2021, which will ensure many buyers will bring forward their purchasing to within the next six weeks.

The stamp duty measure will raise $761 million by adding a premium in stamp duty payments for property sold at more than $2 million.

[smartcode_project:default project_id=2772 project_image_fid=31753]

Sales over $2 million will be taxed with a stamp duty rate of 6.5 per cent for the value in excess of $2 million, up from the exisiting 5.5 per cent rate, ie a $3 million home purchaser will pay $175,000 up from $167,000, according to The Age who were given the pre-budget drop.

Premium landlords will contribute to the state&#39;s land tax revenue which is forecast to rise by more than 10 per cent, or $1.5 billion over four years.

Land tax will increase for all land holdings worth more than $1.8 million from next year, rising by 0.25 percentage points for land worth between $1.8 million and $3 million, and by 0.3 percentage points in excess of $3 million.&nbsp;

Apartment developers have slammed the increase in property taxes as likely to put the sector&rsquo;s fragile recovery in peril.

But developers face being hit with a new windfall gain tax on some land where rezoning had lifted property values, which could lead to longer term higher apartment and house and land prices in major projects.

[smartcode_project:default project_id=5234 project_image_fid=159015]

Rezoned land will be taxed from next year, netting a forecast $125 million over four years.&nbsp;

Any gains of more than $100,000 will be hit with developers and land speculators who reap windfall gains facing a 50 per cent tax if the gain is worth $500,000 or more.

&ldquo;These increases show a fundamental lack of understanding,&rdquo; Urban Development Institute of Australia, Victorian division, chief executive Matthew Kandelaars said.

&ldquo;With property taxes representing nearly 50c in every dollar of state government revenue, we&rsquo;d hoped that the days of the government turning out the pockets of homeowners were over,&rdquo; Mr Kandelaars said.

HIA executive director Fiona Nield said Victoria already had the highest stamp duty rates in the country.&nbsp;

&ldquo;The activity generated from residential development supports jobs and economic activity and is key to supporting all Victorians as the state recovers from the economic shock of COVID-19,&rdquo; she said.

There has been the suggestion the impact will be greater in regional Victoria, as some urban growth land in Melbourne may be exempted.

The windfall gain tax could hit landowners helping to grow housing supply.

Nield said &quot;new taxes like these are passed on in higher land prices for all and stamp duty inhibits people from selling properties to allow for new homes to be built - it has direct impact on new housing affordability.&quot;

REIV President, Leah Calnan said the tax hikes will make Victoria a less desirable place to invest, ultimately harming jobs and the economy.

&ldquo;The government continues to burden Victorians with increases to property taxes. Property already accounts for more than 40 per cent of government revenue. There is not much more capacity any one sector to absorb further tax burden,&rdquo; Ms Calnan said.

&ldquo;These sledgehammer taxes could cause a flight from property,&rdquo; she said.

The Victorian Government has revealed plans for stamp duty and land tax increases in its 2021-22 State Budget which the industry suggests will worsen housing affordability

Busy six weeks for premium apartment buyers to beat Victoria's stamp duty rise from June 30, 2021

Box Hill is a thriving suburb just 14 kilometres east of Melbourne.

A major transportation hub for Melbourne&#39;s eastern suburbs, Box Hill is home to one of the city&#39;s busiest train stations, located beneath Box Hill Central. It is also served by the route 109 tram and numerous bus routes.

Retail is plentiful with Box Hill Central. It was 2007 when two shopping centres merged to create Box Hill Central, which is&nbsp;integrated with a bus interchange and the Box Hill railway station.

As the suburb&rsquo;s cultural diversity and growing appeal have made it one of the more desirable places to live in Melbourne&#39;s east,&nbsp;Urban has taken a deeper dive into some of the best apartment developments available in Box Hill.

1. <a href="/buildings/the-parade-9-11-ellingworth-parade-box-hill">The Parade</a>

One-bedroom apartments starting from $465,000

[smartcode_project:default project_id=3194 project_image_fid=45228]

Coming to Box Hill is The Parade, designed by award-winning architects&nbsp;Hayball and comprising of 58 one and two bedroom residences across 12 floors.

The building&rsquo;s signature cascading facade gives the ability to deliver generous balconies with uninterrupted sky views and light-filled living spaces and varied floor plans to appeal to a diverse range of buyers.&nbsp;

Designed with the latest environmental standards, The Parade incorporates sustainable materials and the harvesting of rainwater and sunlight, making this a benchmark for modern living and an example for further Box Hill development.

2. <a href="/buildings/promenade-34-36-prospect-street-box-hill">Promenade</a>

One-bedroom apartments starting from $448,000

[smartcode_project:default project_id=5128 project_image_fid=159169]

Standing proudly on a beautiful, tree-lined street in the heart of Box Hill&rsquo;s coveted central business district, Promenade brings together an exceptional blend of luxury residences and first-class amenities.

Rising elegantly from a sophisticated ground-floor lobby featuring a range of retail spaces, Promenade captures sweeping city, mountain and bay views.

Promenade also lies in convenient proximity to Box Hill Central Shopping Centre, the Box Hill Institute, library and nearby hospital. Hop onto a train or tram and be whisked into the Melbourne CBD, where world-class shops, schools and universities await.

It is set for completion in 2023.

3. <a href="/buildings/irving-domain-box-hill-21-23-irving-avenue-box-hill-vic-3128">Irving Domain</a>

One-bedroom apartments starting from $430,000

[smartcode_project:default project_id=8569 project_image_fid=159861]

21-23 Irving Avenue is the latest bid to transform dual detached houses into an apartment building containing 123 dwellings. Kin Consolidated Pty Ltd is backing the $25 million development that would become the latest apartment project to regenerate Irving Avenue.

Kin Consolidated have entrusted DKO Architecture with the development&#39;s design; the result is a 14 storey apartment building holding 26 single, 90 double and 7 triple bedroom apartments over a corner 1,295 square metre site.

Experience a residents rooftop oasis with spectacular vistas in every direction with views overlooking the Box Hill Gardens out towards the Yarra Ranges. Offering a raised spa, BBQ area, alfresco dining and private pockets of seating separated by leafy landscapes and shade trees to create a sense of privacy.

4. <a href="/buildings/east-central-tower-820-whitehorse-road-box-hill">East Central Tower</a>

One-bedroom apartments starting from $410,000

[smartcode_project:default project_id=3867 project_image_fid=21985]

LongRiver Group&#39;s East Central Tower is a&nbsp;30 storey building in the works since the start 2017.&nbsp;

Included within the tower designed by&nbsp;Fender Katsalidis&nbsp;are approximately 280 apartments, 1,500sqm of residential facilities plus 3,000sqm of combined office and retail space

Enter an urban paradise within, where endless options to entertain or be entertained are a set a across a lavishly designed inner sanctum. Breathe, soak, plunge and relax in a resort style centre for wellbeing featuring pool, sauna and sun decks, yoga studio and fully equipped gymnasium.

5.&nbsp;<a href="/new-apartments/tempo-2-bruce-street-box-hill">Tempo</a>

One-bedroom apartments starting from $388,000

[smartcode_project:default project_id=27931 project_image_fid=75286]

Liveability is celebrated in Box Hill, and reveling in that cosmopolitan, active lifestyle is Tempo, brought to you by MAB Corporation and designed by the acclaimed Hayball architects.

Tempo brings a new vision to the community with innovative lofts, sky homes and multigenerational apartments designed with families in mind. They feature flexible interior layouts in refreshing configurations. The tower is perfectly situated in the Box hill Gardens precinct, rising majestically above the tranquil treetops and gardens to the north, and the bustling heart of Box Hill&#39;s shopping and dining district to the south.

On ground level, Tempo effortlessly blends with the tree-lined streetscape with a welcoming cafe and alfresco area, complementing the daily flow. The entry floor lobby and corridors imbue an atmosphere of calmness. Deep stone and timber finishes have been chosen for their natural, timeless quality.

6. <a href="/buildings/prospect-box-hill-9-11-prospect-street-box-hill">Prospect Apartments</a>

One-bedroom apartments starting from $469,000

[smartcode_project:default project_id=3516 project_image_fid=153753]

R&amp;F Property present Prospect a new residential landmark that delivers absolute convenience in all forms, including the communal facilities integrated into the project, as well as impressive access to Box Hill&rsquo;s broader amenities.

The building is recognised through its identifiable, elegant and refined form featuring balconies and terraces with ample vegetation form the elegant and poised glass tower.

An inviting, hotel-style porte-coch&egrave;re is found at Prospect&rsquo;s entry, giving way to the tower&rsquo;s apartments and communal amenities. These include a pool, a gymnasium, an outdoor entertainment and barbecue area, and an expansive dining room and kitchen. Paired with these convenient amenities is a building concierge &ndash; providing a scope of services, from house cleaning and couriering to transportation arrangements and the coordination of events.

7. <a href="/buildings/whitehorse-trio-845-851-whitehorse-road-box-hill">Whitehorse Trio</a>

One-bedroom apartments starting from $409,000

[smartcode_project:default project_id=4134 project_image_fid=27479]

Developed by CBD Development Group, Trio presents&nbsp;the next generation of mixed-used development in Box Hill.

Comprising three highly integrated buildings designed by Plus Architecture, the precinct delivers a seamless and diverse offering of retail, dining, lifestyle and amenities, and residences to suit a wide variety of people.

Trio residences cater to a variety of needs, with countless amenities and homes designed to suit singles, couples and families, and a building dedicated to senior-suited living.

The precinct also features a generous hotel with corporate and extensive function space.

The suburb’s cultural diversity and growing appeal have made it one of the more desirable places to live in Melbourne's East

jordan_55689

Top apartment developments in Box Hill

The design of apartments has never been so high on an apartment buyer&#39;s shortlist.

Developers are more conscious of the fact, and are appointing the best architecture practices and interior design firms to make sure their development stands out from the rest.

Urban spotted two of the most stand out projects South East of Melbourne.

<h2>1. The Inc</h2>

Address: 554-556 Inkerman Road, Caulfield North VIC 3161

[smartcode_project:default project_id=95292 project_image_fid=159008]

The Inc is Melbourne-based developer Platinum&rsquo;s latest offering in Melbourne&rsquo;s south-east, delivered in collaboration with Red Collective.

Situated at 554-556 Inkerman Road, the home offers 19 luxury residences in two and three-bedroom configurations at a premium address.

Situated in a premium Melbourne suburb,&nbsp;Caulfield North, The Inc is set amongst quiet tree-lined streets and rich cultural experiences.

Deeply considered, The Inc effortlessly integrates with the surrounding suburb and community with refined architecture and organic textures.

Designed by South Melbourne-based architects, Ewert Leaf, the premium development forms to make a textural masterpiece of architecture and amenity

[smartcode_project:default project_id=95292 project_image_fid=159004]

Generous open-plan layouts offer expansive indoor and outdoor living and dining areas, ideal for entertaining.

&ldquo;Each residence features floor-to-ceiling windows, integrated joinery, vast floorplans and oversized private terraces&rdquo;, said interior designer Doris Rocca.

Featuring exquisite landscaping by&nbsp;John Patrick&nbsp;Landscape Architects, these luxury apartments perfectly assimilate into quiet yet character-filled Inkerman Road

Two-bedroom apartments in the complex begin from $945,000, while three-bedroom apartments start from $1,295,000.

<h2>2. Hurstmon</h2>

Address: 3 Hurstmon Street, Malvern East VIC 3145

[smartcode_project:default project_id=4807 project_image_fid=84184]

Hurstmon is the latest offering from Landream, transforming Melbourne&rsquo;s south-eastern suburb of&nbsp;Malvern East.

Situated at 3 Hurstmon Street, the residences form an eye-catching landmark while complementing the rich history of the suburb.

Designed by Telha Clarke, each residence includes double-glazing, ducted heating and a butler&rsquo;s pantry, with floorplans responsive to changes and requests from homebuyers.

Handcrafted lighting by Richmond-based studio Articolo also features in the project&rsquo;s foyer.

Hurstmon has a &ldquo;hidden-gem quality&rdquo;, according to architect Tim Clarke &ndash; a quality that extends into each residence and its layered textures.

Residents looking to secure a home in the development can <a href="/news/vic/design-brief-design-scheme-options-for-hurstmon-malvern-east-apartment-buyers" target="_blank">choose from two design schemes curated by the architects</a>.

[smartcode_project:default project_id=4807 project_image_fid=84185]

Bordered by a commercial building on one side and two-storey brick homes to the other, Hurstmon delivers a restrained design to transition the two with minimal features but warm textures.

Two-bedroom apartments in the project start from $795,000 while three-bedroom apartments begin at $1,599,500.

The project is estimated for completion in early 2022. Hopeful buyers can secure floorplans and information from an agent today.

When seeking the best South-East Melbourne has to offer in luxury developments there are many factors to consider, one of the largest is architecture

Architecture on show at two of South-East Melbourne's latest apartment developments

Stockland&rsquo;s new townhome development, Haven, is a combination of sustainable features and open spaces in Melbourne&rsquo;s Altona North.

Situated in the city&rsquo;s inner-west, the project boasts a collection of two, three and four-bedroom townhomes designed by the award-winning SJB Architects.

The townhomes at Haven will be nestled around a future park &amp; playground, and residents will also be able to enjoy the abundance of local cycling trails, parklands and reserves in&nbsp;Altona North.

Enticing locals and visitors alike,&nbsp;Altona North&nbsp;offers a number&nbsp;of local shops and retailers, school and education options, medical centres, job opportunities and recreational activities.

[smartcode_project:default project_id=29947 project_image_fid=93188]

Residents can enjoy an active lifestyle at the nearby public pool, the badminton centre, the indoor climbing gym or the golf course nearby, while cycle paths, walkways and parks connect the community to neighbouring suburbs

Since Haven truly puts convenience first Urban took a look at our 10 favorite amenities located nearby:

<ol>
	<li>Bayfit Leisure Centre - An Aquatics Centre with a Gym and Cafe</li>
	<li>Altona Badminton Centre - Badminton Centre</li>
	<li>Clip &lsquo;n Climb Williamstown - Indoor Climbing Gym</li>
	<li>Altona Lakes Golf Course - Golf Course</li>
	<li>Altona Miniature Railway - Attraction and Ride</li>
	<li>ScienceWorkd - Science Museum</li>
	<li>Pavey Reserve - Playground and Park</li>
	<li>Kids in Motion - Gymnastics Club</li>
	<li>Kooroit Creek Reserve - Walking Tracks and Parkland</li>
	<li>McNish &#39;Dinosaur Park&#39; Reserve - Parks, Cycling Paths and Playgrounds</li>
</ol>

[smartcode_project:default project_id=29947 project_image_fid=93918]

Each residence features expansive, open-plan interiors, a contemporary material palette and outdoor entertainment areas, including private back yards and shared green space.

Located only 11km from the CBD and with a number of transport options, proximity from Haven to the West Gate Bridge and future tunnel is a real asset.

Two-bedroom townhomes within the development begin from just $605,000, while four-bedroom townhomes sell from $815,000. Three bedders start at&nbsp;$742,000.

Situated in the city’s inner-west, the project boasts a collection of two, three and four-bedroom townhomes designed by the award-winning SJB Architects

The top 10 amenities minutes from Stockland's Haven in Altona North

One of Richmond&rsquo;s most-prominent and strategic sites, at 81 to 95 Burnley Street, Richmond, has been bought by GURNER. 
&nbsp; 
The 13,000sqm site is expected to be developed into a major mixed-use precinct worth over $800 million.

The site, near the Victoria Gardens Shopping Centre,&nbsp;currently holds Harry The Hirer facilities. 
&nbsp; 
The precinct will include over 500 apartments including a luxury retirement offering. There is no time line yet on construction&nbsp;and marketing, although Gurner is not likely to rush such an ambitious project.

Some 10 percent of dwellings allocated towards affordable housing after planning rezoning by the Planning Minister, Richard Wynne. 
&nbsp; 
The precinct will include multiple buildings rising to up to 12 stories while retaining a podium including its heritage fabric.

&nbsp;

<a href="/developments/melbourne-vic?source_news_article_id=100704&amp;ref=news_body_link"><img alt="" height="800" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/template_photoshop_melbournecbd.jpg" width="1200" /></a>

The site contains the former Repco building. Robert Russell set up the Russell Manufacturing Co. Pty Ltd (automotive spare parts, accessories and general equipment) in North Melbourne in 1927, but moved to Richmond in 1930 to the former plaster-making factory, Stucold Plastic Art Co. The trade name Repco was registered in that year. 
&nbsp; 
&ldquo;This is a landmark site in one of Melbourne&rsquo;s most sought-after suburbs ,&quot; Tim Gurner said. 
&nbsp; 
&ldquo;The vision has been inspired by our love for the meatpacking district and Greenwich in New York and will exemplify the best of both worlds for the lucky people who call it home,&rdquo; he added.

There has been no price reveal yet on Gurner&rsquo;s off-market purchase from the Astrodome Hire, owner of the rental business.

Planning reports for the site suggested the seven to 12 storey scale of the new towers proposed was consistent with the emerging scale of recent developments including seven storey apartments at the Salta project at 10-30&nbsp;Burnley Street, and the nine to 13 storey Embassy Apartments.

Tim Gurner suggests his vision had been inspired by both the meatpacking district and Greenwich in New York 

GURNER secures transformative industrial Richmond apartment site

Delivering residents &ldquo;an amazing proposition&rdquo;, Two51 is the latest inner-city Melbourne collaboration between Blueprint Projects and Watson Young Architects.

Set over seven levels, the home boasts a collection of 25 apartments, including 18 serviced apartments and a top-floor penthouse.

[smartcode_project:default project_id=3298 project_image_fid=30548]

&ldquo;Two51 levels one to three are serviced apartments, much like [Blueprint has] done at their Sandy Hill development in Sandringham,&rdquo; the developers said.

An experienced property and development group creating high-quality residential projects, Blueprint offers a hands-on approach to delivering properties that contribute to Melbourne&rsquo;s communities.

[smartcode_project:default project_id=3298 project_image_fid=96135]

Empowered by industry knowledge from three partners, Magnus Floden, Tony Quinert and Paul Tuddenham, Two51 delivers a quality build in line with the penthouse finishes at another one of Blueprint&rsquo;s projects. &nbsp;&nbsp;&nbsp;

Marketed to second-home buyers and downsizers, the residences are likely to house high-net-worth individuals seeking to downsize amongst Richmond&rsquo;s rich heritage.

The typical buyers at the project are both local or from Melbourne&rsquo;s south-east, choosing to downsize closer to the city, the sales team noted.

According to the developers, it is predominantly its&nbsp;location that is attracting buyers to the luxury development.

<blockquote>
&quot;Then, once people know more about Blueprint Projects and the builder, Buxton Constructions, they are very comfortable to proceed with the development.&rdquo;
</blockquote>

Colourful Richmond is known for its diversity, industrial history and its investment potential. Located in close proximity to the city and ranked the 12th most walkable suburb in Melbourne, it is no surprise that owner-occupiers and investors both love the inner-city enclave.

The combination of brickwork and exposed steel on the lower levels of Two51 reflects the suburb&rsquo;s industrial culture.

[smartcode_project:default project_id=3298 project_image_fid=96136]

&ldquo;While the upper levels boldly utilise a collection of more lavish and refined materials to create an aesthetically pleasing juxtaposition of styles&rdquo;, Watson Young&nbsp;associate Tas Tzoulis said.

The interiors feature spacious, open-plan layouts with stone benchtops, panelled joinery and an abundance of natural light, carefully designed in-house by&nbsp;Watson Young&rsquo;s interior division.

Two-bedroom apartments in the block are priced from $1,030,000, while three-bedroom apartments start at $1,285,000.

Set over seven levels, the home boasts a collection of 25 apartments, including 18 serviced apartments and a top-floor penthouse

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“An amazing proposition”: Discover why you should secure an apartment at Richmond’s Two51

Delivering the best of lifestyle and location, K1 Residences offers buyers the chance to secure a bespoke, whole-floor residence in the heart of Melbourne.

&ldquo;K1&rsquo;s leafy green and lush vertical neighbourhood offers an enviable way of living that is luxurious, expansive and new to Melbourne&rdquo;, the project marketing reads.

[smartcode_project:default project_id=2772 project_image_fid=31755]

The boutique development is centred upon an ideal synergy of serenity and convenience, located in Melbourne&rsquo;s &lsquo;green lungs&rsquo;, postcode 3004.

Designed by Bergman &amp; Co., and award-winning landscape architecture practice, Aspect Studios, the building&rsquo;s design feature layers of foliage, reminiscent of the gardens of Melbourne&rsquo;s best-loved suburbs.

[smartcode_project:default project_id=2772 project_image_fid=31760]

Whilst inside, the interiors are moody and timeless, instilling a warm sophistication with French oak, rose gold tapware and impressive functionality.

No matter the lifestyle, Optimus Developments&#39;&nbsp;K1 boasts numerous amenities for every occasion, sitting minutes from St Kilda and Prahran.

[smartcode_project:default project_id=2772 project_image_fid=31757]

The immediate neighbourhood is calm and picturesque. Close by are the best of Melbourne&rsquo;s restaurants, entertainment options, markets, shopping and places to relax.

Take a look at the brilliant attractions within walking distance of K1:

<ul>
	<li>Fawkner Park</li>
	<li>South Melbourne Market</li>
	<li>Aurora Spa Retreat</li>
	<li>Royal Botanic Gardens</li>
	<li>Fitzroy Street</li>
	<li>Albert Park Lake</li>
	<li>Greville Street</li>
	<li>Stokehouse Restaurant</li>
	<li>Port Phillip Bay</li>
</ul>

Everything that greater Melbourne and beyond has to offer is easily accessed from K1. Public transport links are excellent and major highways and freeways are just a moment away.

K1’s leafy green and lush vertical neighbourhood offers an enviable way of living that is luxurious, expansive and new to Melbourne

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