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

Joel Robinson

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

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

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

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

Kooyongkoot wins Gold and Silver at Better Future Melbourne Design Awards

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

The apartment price gap drawing Sydney buyers west

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

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

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

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

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

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

Every First Home Owner Grant for new property by state

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

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

Staff Writer

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

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

alisonwarters@gmail.com

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

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

Ellen Walker

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

In the enviable location of Bentleigh rises Onyx, a boutique development featuring a selection of 32 one, two and three bedroom apartments across five floors. &nbsp;

Developed by Vanguard Projects, Onyx delivers a strong design statement through its dramatic contemporary lines with expansive apartments that flow effortlessly to inviting outdoor areas.

However there are only a handful of&nbsp;two bedroom apartments remaining in Onyx, built by the Melbourne-based construction firm&nbsp;Drakk Pty Ltd.

[smartcode_project:default project_id=3271 project_image_fid=20453]

Inside, kitchens are designed to connect with living spaces with large reconstituted stone island benches, perfect for preparing meals with ease and entertaining. There's plenty of storage with a mix of laminate and timber veneer cabinetry complimenting the Miele stainless steel built-in appliances. The splash back of bronzed glass adds a subtle layer of sophistication to the communal spaces.

Living spaces are awash with natural light from the full-height windows and flow effortlessly to your private balcony. Pair the free-flowing, timber floors with the perfect dining table and lounge room set to create a harmonious space for bringing people together.

<a href="/developments/melbourne-vic?source_news_article_id=101364&amp;ref=news_body_link"><img alt="" data-entity-type="" data-entity-uuid="" height="800" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/template_photoshop_melbournecbd_2.jpg" width="1200" /></a>

Bedrooms have been designed with your health and well-being in mind with plenty of natural light to wake up to and ventilation to ensure a fresh environment with generous built-in or walk-through wardrobes.&nbsp;

Bathrooms continue the natural colour scheme throughout the home and add a luxurious texture to calm the senses. Large neutral-toned tiling define the room between the vanity area and the large walk-in shower. Mirrored cabinets, a deep basin complete with modern black tapware and plenty of storage is just what you need in a bathroom.

[smartcode_project:default project_id=3271 project_image_fid=77271]

Located in the highly coveted McKinnon Secondary College school zone, Onyx presents and opportunity to secure a stylish urban lifestyle within walking distance to trendy cafe's, world class restaurants and within a short distance to Melbourne's best beaches, parklands and shopping.

There are only a handful of two bedroom apartments remaining in Onyx, constructed by Drakk Pty Ltd a Melbourne based construction firm.

jordan_55689

Vanguard's completed Onyx apartment development in Bentleigh all-but sold out

661 Chapel Street has become a landmark of South Yarra since its construction, towering over the heritage-listed Melbourne High School.

Blending the old with the new, 661 Chapel Street, designed by the local architecture firm Bird de le Coeur, soars 30 levels with unique panoramic views across Melbourne and the Yarra River.

One of its recent buyers was John, who recently purchased a three bedroom apartment in the building.

His role as CEO of a large healthcare company sees him travelling frequently. It took just six months of searching before he set his sights on 661 Chapel St.

A central, buzzing location and beautifully designed interiors were just two of the reasons why John made the move.

What attracted you to 661 Chapel St?

I wasn&#39;t in the market for long as I was very particular about the type of apartment I wanted. Location was paramount as were high level amenities and quality.

[smartcode_project:default project_id=600 project_image_fid=13472]

In less than 6 months I&#39;d&nbsp;found my dream apartment!

What really appealed was that the build is of exceptional quality and set back from the street which gives it that sense of separation and less noise. The views are remarkable and won&#39;t be built out!

What category buyer type do you identify as?

I&#39;m a downsizer who is looking for low maintenance living but not ready to compromise on size or quality. Interior design, modern features, security and great amenities were on my list of priorities.

Was location a factor in your decision?

Absolutely. I was looking inner-city but not particularly South Yarra. I found myself drawn to the area because it&#39;s&nbsp;so diverse. It&#39;s just as close to hit the shops and restaurants as it is to find yourself walking through stunning parks and gardens.

With the city, sports stadiums and Yarra river just minutes away &amp;ndash; it literally does have everything at your door.

[smartcode_project:default project_id=600 project_image_fid=140805]

Now that you are living at 661 Chapel St, what do you enjoy most?

The resident&nbsp;amenities are fantastic.

The gym is particularly great for me &amp;ndash; no more excuses now that I have a gym in my building!&nbsp;

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It&#39;s great inviting a few friends over to use the cinema as well. There&#39;s a real sense of community in the building. It&#39;s&nbsp;not too large or impersonal.

Most people chat and get to know you and there&#39;s that unsaid thing where we look out for each-other and the building itself. 
&nbsp;

A central, buzzing location and beautifully designed interiors were just two of the reasons why John made the move.

Why downsizers are buying apartments in South Yarra's 661 Chapel Street

Capital Alliance is delivering their latest Melbourne project, nestled in Australia&rsquo;s largest urban renewal precinct.

The 40-storey Normanby offers one, two and three-bedroom apartments atop Australia&rsquo;s first AC Hotels by Marriott, linking high-end apartments with exclusive hotel services.

Finished with quality material, bespoke detailing and entertaining areas, these residences provide luxury living amongst natural sophistication and rich amenity.

[smartcode_project:default project_id=1487 project_image_fid=92313]

Designed by DKO Architecture, each apartment has been carefully designed for functionality with generous storage solutions and a custom-designed integrated dining table.

Homebuyers can choose between two distinct colour palettes, the warmer &lsquo;Urban&rsquo; palette and the cooler &lsquo;Harbour&rsquo; scheme, each providing a range of distinctive finishes inspired by the city&rsquo;s surrounding environment.

Dotted throughout the tower are a range of facilities no matter your lifestyle. Urban takes a look at six amenities that reflect the design excellence of Normanby.

1. Infinity pool

[smartcode_project:default project_id=1487 project_image_fid=92324]

Southbank&rsquo;s budding sculptural jewel does not just feature a great design at its exterior, but features functional lifestyle features, including an outdoor, infinity-edge swimming pool that spans the width of the building,

&ldquo;The elevated infinity pool provides the perfect place for a swim to start the day, or to unwind as the sun sets with views of the Melbourne skyline&rdquo;, the project marketing reads.

2. Gymnasium

[smartcode_project:default project_id=1487 project_image_fid=92319]

Located above AC Hotel, residents will be able to enjoy exclusive access to services and amenities provided by the hotel including&nbsp;a 24-hour fitness centre.

This fitted gym will deliver residents convenient opportunities to keep fit and healthy.

3. Lounge area

[smartcode_project:default project_id=1487 project_image_fid=92323]

The tower celebrates classic modern design that is inspired by the urban locale and AC&rsquo;s Spanish roots, originally a vision of renowned hotelier Antonio Catalan.

As a result, the tower includes the AC Lounge, a modern co-working space that will host creative gatherings by day and a buzzing social hub offering European-style tapas by night.

4. A new community park

Located just 200 metres from Normanby is a new community park for Fishermans Bend.

&ldquo;The 8000 square metre Montague Park is equivalent to two and half times the size of Melbourne&rsquo;s City Square and is diagonally opposite the new South Melbourne Ferrars Street primary school under construction&rdquo;, states the project marketing.

The new park will become a key part of the community, providing more public space, community services and facilities for the growing precinct.

5. Collaborative areas

[smartcode_project:default project_id=1487 project_image_fid=92322]

True to the brand, the hotel will feature a range of collaborative spaces, including 150 sqm of space designed to welcome groups of all sizes.

Residents can take advantage of this great space for meetings or events, as well as benefit from the space in three food and beverage outlets in the hotel below.

6. Hotel services

[smartcode_project:default project_id=1487 project_image_fid=92313]

Normanby does not simply host hotel-style designed bathrooms, and sophisticated high-end materials but feature five-star services from AC Hotels.

Such services include access to concierge services, room service, and housekeeping.

Construction is well underway and expected to be completed in September 2021.

The 40-storey Normanby offers one, two and three-bedroom apartments atop Australia’s first AC Hotels by Marriott, linking high-end apartments with exclusive hotel services

max.kwok_55688

A full list of the world-class amenities offered at Capital Alliance’s Southbank residence, Normanby

Assemble Futures offers a more accessible pathway to owning a home, that bridges the gap between renting and buying, with their latest Melbourne development, 4 Ballarat Street.

Located in Brunswick, one of Melbourne&rsquo;s most diverse neighbourhoods, the project supports you on a path toward homeownership by enabling you to move in and rent your apartment for five years, while you save to buy it.

[smartcode_project:default project_id=94542 project_image_fid=160739]

The development focuses on providing housing for low and middle-income households looking for a secure, long-term next step.

Assemble managing director Kris Daff said the housing concept helps residents protect themselves from shifts in the property market.

&ldquo;We are witnessing the strongest growth in property values in our history, rising at their fastest rate in almost two decades, and as a result, we have reached a crisis point in housing affordability&rdquo;, he said.

<blockquote>
&ldquo;Our housing concept, Assemble Futures, takes the volatility out of the market and provides absolute price certainty for our clients over the term of the lease and the end purchase price.&rdquo;
</blockquote>

The one, two and three-bedroom apartments at 4 Ballarat Street saw their first stage release on May 15, with further releases expected to be available throughout the month.

Designed by Fieldwork with landscapes by Rush Wright, the residence will run on 100 per cent renewable energy, offer flexible studio space, rooftop gardens and quality design.

[smartcode_project:default project_id=94542 project_image_fid=160730]

<h2>So how does the rent-with-the-option-to-buy model work?</h2>

Assemble Future&rsquo;s seven-year rent-to-buy model is simple for buyers, allowing residents to sign a lease, with agreed rent for five years after a two-year building period.

As the contracts are 12-month rolling leases, potential homebuyers have the flexibility to leave at the end of any period if they decide the development may not be the best fit for them.

Seven years is the average time most people living in Australia require to save for a home deposit and 4 Ballarat Street offers buyers a set target to save towards.

[smartcode_project:default project_id=94542 project_image_fid=160735]

This way, homebuyers can avoid the fast-increasing property prices in Melbourne&rsquo;s market by securing their home at a price agreed to when the initial lease was signed.

Assemble also supports residents on their savings journey, with a free, opt-in financial coaching programme.

Additional initiatives, such as bulk-buying on everyday essentials through sustainable suppliers, further ensures buyers are well-positioned to purchase their apartment at the end of the lease period.

[smartcode_project:default project_id=94542 project_image_fid=160729]

<h2>Test drive your new home</h2>

Thanks to Assemble&rsquo;s rent-to-buy model, potential homeowners can live in their apartment before committing to buy, delivering a taste of the neighbourhood, apartment and community.

4 Ballarat Street will mark the third Assemble project created in partnership with Fieldwork, following Clifton Hill&rsquo;s 122 Roseneath Street and Kensington&rsquo;s 393 Macaulay Road projects.

[smartcode_project:default project_id=94542 project_image_fid=160741]

The architects designed the home to reflect the layered personality of Brunswick, right through to fixtures, lighting and other finishes.

Inspired by the terracotta hues of the inner-city suburb, apartments are accented with a warm colour palette, such as terracotta tiles, rich feature joinery, and chrome finishing.

[smartcode_project:default project_id=94542 project_image_fid=160731]

Fieldwork director Quino Holland said that, as someone who had designed a number of apartment buildings over the years, he had been &ldquo;frustrated that a lot of my team members can&rsquo;t afford to buy into the projects they&rsquo;re working on.&rdquo;

&ldquo;I&rsquo;m excited that the Assemble Model will provide them with the opportunity to do so in a supported and flexible way.&rdquo;

[smartcode_project_cta: project_id=94542]

The project supports you on a path toward homeownership by enabling you to move in and rent your apartment for five years, while you save to buy it

Protect yourself from shifts in the property market: How Assemble Future’s rent-with-the-option-to-buy model can help you secure a Brunswick home

Cheltenham in Melbourne&#39;s south-east, a stone&#39;s throw from the Bayside district,&nbsp;is benefitting from an infrastructure pipeline which has investors and owner occupiers interested in the area.

The talk of the town is the proposed metro loop, which would&nbsp;start in Cheltenham and stop at all stations en route to the airport and connect the area as far as Box Hill in Melbourne&#39;s east.

Jo Arbid, director at Captains Property, says Cheltenham has long been a great place to live because of its family-orientated amenities like great parks, schools, shopping and some of the best golf courses in Melbourne.

However, it is now&nbsp;being considered as a great place to invest in due to major infrastructure the government is spending on in the area.

And the decision by the property developer NewCity to create a more boutique residential project than the area is accustom to has paid dividends throughout COVID, with owner-occupiers now seeking more space in apartments.

The majority of new developments in Cheltenham have between 30 and 40 apartments.

But 8 Garfield Street, near Southland and Southland Station, has just 17 apartments across three levels.&nbsp;Designed by Point Architects, 8 Garfield Street is made up of one,&nbsp;two and three-bedroom apartments, with some&nbsp;of the two bedrooms with study rooms over 90 sqm internally.

[smartcode_project:default project_id=7518 project_image_fid=42519]

&quot;We have been selling all the way through COVID,&nbsp;mostly due to the quiet location on a no through road, spacious apartments and two&nbsp;mins walk to Southland&rdquo;, Arbid says. There&nbsp;there are now only five apartments left in the development which is slated for completion in&nbsp;November.

Each apartment features a kitchen with stone benches and&nbsp;with Miele appliances. That meets the open plan living and dining area which opens either to&nbsp;a courtyard or alfresco terrace. Every apartment also has&nbsp;a storage cage and at least one car space.

[smartcode_project:default project_id=7518 project_image_fid=42520]

The development has catered for all needs, even down to a ramp up the stairs for families with prams, the active residents&nbsp;with bikes or scooters and the elderly with wheelchairs or walkers.

About the developer

NewCity, with decades of experience in&nbsp;Melbourne and China, has a very experienced local development team led by its development director&nbsp;Sam Failla.

In their local pipeline they have&nbsp;65 Clarke St, the $415 million mixed-use Southbank tower which will comprise over 350 apartments, a 5-star hotel and a co-working office space&nbsp;across its 67&nbsp;levels.

Jo Arbid, director at Captains Property, says Cheltenham has long been a great place to live, however it is now being considered as a great place to invest

How apartments at 8 Garfield Street check all the boxes in the evolving Cheltenham

The Melbourne developer Beulah have unveiled The Wilds, a boutique collection of houses on Northcote&#39;s Merri Creek.

The 15 detached houses have been designed by architecture studio Edition Office, the same team who were behind the multi-award winning Hawthorn House.

The positioning of the townhomes to front Merri Creek was a conscious effort, backed by research fro the Beulah team.

They looked at a study by the Swedish lecturer and professor Terry Hartig. Hartig&nbsp;looked&nbsp;at nature&#39;s influence on the mental restorative benefits for individuals, namely the benefits of water landscapes in restorative mental benefits.

[smartcode_project:default project_id=101145 project_image_fid=162759]

Those who were exposed to views and murals of waterscapes, as opposed to other nature scenes, had significantly improved attention spans, the survey found.

That saw Beulah align the frontages of the three and four bedroom houses towards Merri Creek, with the kitchens oriented to allow residents to take in the scenic views while cooking.

Beulah&#39;s co-founder and executive director Adelene Teh&nbsp;said as the paradigm shifts towards an increase in home buyers seeking a tree change, The Wilds caters to this growing demand by offering large-scale residences immersed in nature, with the conveniences of inner-city life.

[smartcode_project:default project_id=101145 project_image_fid=162761]

&ldquo;In the current Melbourne market, there are no developments of a similar nature to The Wilds, both due to its extremely unique location on the creek&#39;s edge, its rare urban house and land offering, and its design elements of connecting occupants with nature at every turn.

&ldquo;Residents will feel as though they are immersed in nature, yet the hustle and bustle of city life is only 3-kilometres away, easily accessible by train or via the Capital City Trail bike path.

Teh said they felt it was important to create a product that caters to this shift in lifestyle demands, for those who seek&nbsp;a tree change but want to be close to the city.

The houses are priced from $1.9 million.

The positioning of the townhomes to front Merri Creek was a conscious effort, backed by research fro the Beulah team

Beulah unveil off the plan Northcote housing development The Wilds

The Melbourne developer Central Equity are offering a special event at their recently completed, award-winning apartment development, Melbourne Grand.

Their <a href="https://melbournegrand.com.au/event">Open House tours</a> will take prospective buyers through eight of their completed sky-high&nbsp;apartments in the Lonsdale Street tower which won the Apartment Complex of the Year (over $20m) at HIA Victoria&#39;s 2020 awards.

It will cover one, two and three bedroom apartments, giving buyers a chance to see what the living experience is like inside the tower&nbsp;designed by high-profile architects Guilford Bell + Graham Fisher and built by Multiplex.

[smartcode_project:default project_id=3490 project_image_fid=93147]

The event, only running from May 20 to May 30, will also tour the impressive resort-style facilities which cover the whole 10th level.

They include an an indoor pool, gym and yoga studio, residents&#39; lounge,&nbsp;banquet room and coffee bar, as well as&nbsp;a 17-seat luxury theatre.

[smartcode_project:default project_id=3490 project_image_fid=139999]

Central Equity have also invited a guest mortgage broker to answer any buyer questions.

Apartments start from just $489,000 for a one bed apartment.

The tour will conclude just a month before the Victorian Government pull the plug on the stamp duty concessions, which are set to expire June 30.

[smartcode_project:default project_id=3490 project_image_fid=92416]

Investors and owner-occupiers can save up to $26,000 on stamp duty if they secure an apartment before the deadline.

The apartments, which feature&nbsp;a 7.2 star average energy rating, span up to 120 sqm and feature high ceilings and floor to ceiling windows with motorised blinds.

<a href="https://melbournegrand.com.au/event">Enquire to book your spot</a>&nbsp;at Melbourne Grand&rsquo;s Open House event.

The event, only running from May 20 to May 30, will also tour the impressive resort-style facilities which cover the whole 10th level.

Central Equity to offer buyers Open House Tours of award-winning Melbourne Grand

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.

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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.

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&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;

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<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

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