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]

Joel Robinson

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

<a href="https://www.apartments.com.au/developers/centa-property-group">Centa Property Group</a> has achieved two major milestones at its <a href="https://www.apartments.com.au/new-apartments/bilinga-house-107-golden-four-drive-bilinga-qld-4225">Bilinga House</a> apartment development in the sought-after southern Gold Coast.

They've almost sold 50 per cent of the Golden Four Drive building, while at the same time announcing the commencement of construction through reputable builder Greyburn Construction.

The boutique 10-storey building, with 47 two- and three-bedroom apartments, now has a mid-to-late 2028 completion date.

[smartcode_project:default project_id=150037 project_image_fid=5333]

The <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a>-designed project is positioned just 200 metres from Bilinga Beach and brings a relatively rare apartment offering to a market that has seen limited new supply in recent years.

Residences have been designed to maximise natural light and ventilation, with open-plan interiors, generous glazing, and material palettes that reflect the surrounding coastal landscape.

Interiors incorporate engineered timber flooring, stone benchtops, and custom joinery, with layouts designed to adapt to both permanent living and lock-and-leave use.

[smartcode_project:default project_id=150037 project_image_fid=5336]

Rothelowman Senior Project Leader Matthew Tencate said the design approach centres on liveability and community.

“Providing curated on-site amenities and communal spaces for residents that facilitate a sense of community, liveability, and wellness,” Tencate said.

Residents will have access to a suite of private amenities including a pool, gym, sauna, and communal alfresco areas, alongside practical features such as surfboard storage and bicycle facilities.

[smartcode_project:default project_id=150037 project_image_fid=5336]

Centa Property Group Director Jason Yuen said the project has been designed to appeal to a range of buyers seeking flexibility in how they use their property.

“Bilinga House is designed for those who want the best of both worlds – a modern beachside escape with the flexibility to generate income when you're not there,” Yuen said.

[smartcode_project:default project_id=150037 project_image_fid=5338]

Bilinga remains one of the quieter pockets of the Gold Coast, sitting between the more established hubs of Coolangatta and Palm Beach. Its appeal has strengthened in recent years, supported by proximity to the Gold Coast Airport and the Oceanway coastal path.

[smartcode_project_cta:default project_id=150037]

Bilinga House apartments snapped up as Greyburn commences construction

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?

Residents at Seafarers, a new luxury Northbank development, get access to substantial&nbsp;luxury amenities&nbsp;thanks to a collaboration with&nbsp;1 Hotel that form Melbourne&#39;s first-ever hotel-branded residences.

Located on the final piece of Melbourne&#39;s original waterfront,&nbsp;Seafarers will integrate luxury residences and&nbsp;luxury hotel amenities, management and services. Everything from valet parking and concierge, to personal shopping and pantry stocking.

There will be a dedicated team of over 140 staff, with the aim of developer Riverlee to create a home life of pure, effortless simplicity.

David Lee, development director at Riverlee, says Seafarers, being Melbourne&rsquo;s first international hotel-branded residences, is&nbsp;a&nbsp;completely&nbsp;new level of quality, lifestyle and convenience.

&quot;Imagine the comfort, control and permanence of your own home, complemented by the dedicated staff, elite amenities and immaculately maintained surrounds of a world-class, five-star hotel,&quot; Lee told Urban.

[smartcode_project:default project_id=27728 project_image_fid=173916]

&quot;There is truly nothing like Seafarers in the market at the moment with&nbsp;the service and amenity offering the first of its kind in Melbourne.&quot;

Lee says that, beyond quality, product and amenity, people are seeking a higher level of convenience that is linked with their home.

&quot;The demand for convenience is only increasing and will continue to&nbsp;be of great importance well&nbsp;after the pandemic,&quot; Lee added.

&quot;Seafarers offers this lifestyle,&nbsp;with 140 support staff from 1 Hotel available to truly offer ease of living. The services include valet parking, concierge, personal shopping, pantry stocking, pet care and botanical care in addition to business services for those working from home.&quot;

Lee says, prior to enquiry, not many buyers really understood the hotel-branded residence concept until they had the chance to see and hear it from the team.

[smartcode_project:default project_id=27728 project_image_fid=173927]

He says however once&nbsp;they understood it, it was seen as really&nbsp;one of the things that sets Seafarers apart.

&quot;A large portion of our buyers are executives and business owners who live notoriously busy lives. The services and amenities have been curated by Riverlee and 1 Hotel to cater to every need to give people time to spend on the things they love.

&quot;Other buyers include frequent travellers, young families and downsizers who also seek a seamless life with everything at their fingertips.

&quot;It&rsquo;s also perfect for those who like to entertain with private dining rooms available, as well as relaxation with our pool, spa and wellness facilities. We absolutely expect our purchasers to be making the most of the amenity and services available to them.&quot;

[smartcode_project:default project_id=27728 project_image_fid=173942]

Designed by Fender Katsalidis, the Melbourne fringe project in Northbank also features a library, dining and lounge space, as well as&nbsp;the lush surrounds of its&nbsp;elevated outdoor garden, Riverview Terrace.

Architecture and interior design firm Carr Design created the apartments to maximise external views, space and natural light, with interiors including reflective surfaces, natural and concealed doors.

Boasting uniquely large floorplans, Seafarers&rsquo; residences are situated on levels nine to 18 of the building, which is an inspired reimagining of the heritage-protected Goods Shed 5.

[smartcode_project:default project_id=27728 project_image_fid=173915]

Not only does it deliver five-star hotel amenities, but it also boasts&nbsp;convenient access&nbsp;to a number of nearby restaurants, caf&eacute;s, markets and some of the best educational facilities and universities in Melbourne.

The development is expected to reach completion in 2024.

[smartcode_project:default project_id=27728 project_image_fid=97028]

Below features a full list of the 1 Hotel &amp; Homes owners&#39; privileges available at Seafarers:&nbsp;

<ul>
	<li>24-hour concierge, mail collection and access control</li>
	<li>Valet parking and bellman services</li>
	<li>On-demand maintenance</li>
	<li>Eco-conscious housekeeping and linen services</li>
	<li>Personal shopping and delivery services</li>
	<li>Babysitting</li>
	<li>In-home pet services</li>
	<li>Botanical care</li>
	<li>Local organic grocery shopping</li>
	<li>Private catering private chef</li>
	<li>In-room dining</li>
	<li>Residential signing privileges and direct billing services at signature restaurant and hotel bars</li>
	<li>Business services, including a fully-equipped business centre</li>
	<li>A curated selection of spa treatments</li>
	<li>Indoor heated pool, jacuzzi, sauna and steamroom</li>
	<li>Personal trainer and full-service fitness centre</li>
	<li>Priority status for hotel reservations across 1 Hotels, globally&nbsp;</li>
</ul>

[smartcode_project_cta: project_id=27728]

"There is truly nothing like Seafarers in the market at the moment with the service and amenity offering the first of its kind in Melbourne."

What extra luxuries Seafarers residents get as part of 1 Hotel partnership

Voyager, a chic residential tower delivered by Mirvac, is a new development set within the masterplanned Yarra&rsquo;s Edge precinct on the Docklands waterfront.

The harbourside precinct, set to be home to over 3,000 people, boasts over 1,000 sqm of fine dining and retail, a state-of-the-art wellness centre, parklands and marina berths.

Boasting some of best premium amenities on offer across Melbourne, Urban took a closer look at what is on offer at Voyager

[smartcode_project:default project_id=3494 project_image_fid=90814]

Standing 43-levels high and dominating the&nbsp;Docklands&nbsp;skyline at 138 metres, Voyager is the tallest building in the precinct to date.

Boasting&nbsp;an abundance of premium amenities designed for residents and their guests to entertain or retreat, the apartment development&#39;s&nbsp;waterfront location offers sensation views of the Melbourne CBD.

Designed to provide flexible spaces, the Soci&eacute;t&eacute; rooftop includes indoor and outdoor spaces, theatre and karaoke, yoga space and communal barbeque, while the residents&#39; club offers private dining, a bar lounge and an intimate open air fireplace lounge

Aligning with the building&rsquo;s sophisticated and elegant residences, a large functional lobby space helps add to the development&rsquo;s hotel-luxe atmosphere.

Boasting a concierge, lobby gallery and library, the ground-floor lobby warmly welcomes residents and their guests into a beautiful space.

[smartcode_project:default project_id=3494 project_image_fid=89075]

The stylish 315-apartment development boasts a collection of one, two and three-bedroom luxury apartments.

Voyager offers residents the choice between two timeless colour schemes, Halcyon and Intrepid.

Versatile floorplans and a flexible variety of residences are designed to suit any homebuyers&rsquo; lifestyle.

&nbsp;

[smartcode_project_cta: project_id=3494]

Voyager, a chic residential tower delivered by Mirvac, is a new development set within the masterplanned Yarra’s Edge precinct on the Docklands waterfront

jordan_55689

A theatre and a karaoke room? What's on offer at Mirvac's Docklands apartment development Voyager

The listed national property developer Mirvac are offering buyers a chance to secure a townhome in their Altona North development The Fabric with just a five per cent deposit.

That puts a deposit for one of the three bedroom townhouses, priced at $850,000, at $42,500.

Mirvac have designed The Fabric to be sustainability friendly, with each townhome set to have a seven-star NatHERS energy rating.

[smartcode_project:default project_id=22699 project_image_fid=39041]

Renowned landscaping architects, Eckersley Garden Architecture, have designed courtyards with edible planter beds and a custom-designed Patchwork Park.

Leafy green tree-lined streets, contemporary architecture and private front gardens form the walkable master-planned community.

Not only does this development propose approximately 3.15-hectares of planned community open space, but it&rsquo;s located in close proximity to the Newport Lakes Reserve.

The 33-hectare park has&nbsp;two lakes, a nature trail, bikeways and a dog park.

[smartcode_project:default project_id=22699 project_image_fid=39043]

Transformed from its industrial past,&nbsp;Altona North&nbsp;delivers the ideal middle ground between connectivity and a family-friendly environment, within easy reach of just about everything.

The Fabric is located amongst vibrant eateries and local hot spots for diverse cuisines.

Homebuyers will relish the ability to walk to the supermarket and retail offerings, as well as the fresh market stalls of the Inner West.

[smartcode_project:default project_id=22699 project_image_fid=70089]

&nbsp;

[smartcode_project_cta: project_id=22699]

&nbsp;

Just nine kilometres from Melbourne CBD via the West Gate Freeway,&nbsp;Altona North&nbsp;has it all.

Newport train station is just a 2.5-kilometre cycling distance from&nbsp;The Fabric, giving you access to the Werribee line.

Two-bedroom townhomes start from $695,000, while four-bedroom homes start from $990,000, equal to a deposit of $34,750 and $49,500 respectively.

Construction is underway across the master-planned community.

That means a three bedroom townhouse priced at $850,000 is just a $42,500 deposit.

Pay just 5% deposit at Mirvac's Altona North townhouse development The Fabric

West Melbourne&rsquo;s newest address combines spacious architecturally designed apartments with convenience and security.

Delivered by the award winning&nbsp;Central Equity, Parkhill Apartments boasts 161 residences in one and two-bedroom configurations.

Proving popular with city residents who value the location&nbsp;and don&rsquo;t compromise on style and design quality, Parkhill sets the standard for affordable apartments in Melbourne.

Just metres from the inner-city with CBD views, homebuyers can secure one-bedroom apartments in the block from just $479,000. Two-bedroom apartments start from $619,000, and up to $819,000 when featuring an extra bathroom and a parking space.

[smartcode_project:default project_id=27406 project_image_fid=68150]

Below is a summary of the bedrooms, bathroom, garaging and square footage across 408 Spencer Street as well as a sample of a two-bedder floorplan:

<ul>
	<li>One Bedroom, One Bathroom, One Balcony, 57+&nbsp;sqm</li>
	<li>Two Bedroom, One Bathroom, One Balcony, 69+&nbsp;sqm</li>
	<li>Two&nbsp;Bedroom, Two&nbsp;Bathroom,&nbsp;One Balcony, 72+&nbsp;sqm</li>
	<li>Two&nbsp;Bedroom, Two&nbsp;Bathroom, One Parking space, One Balcony, 77+ sqm</li>
</ul>

<a href="/buildings/parkhill-apartments-west-melbourne-408-spencer-street-west-melbourne"><img alt="" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/parkhill_plans.jpg" /></a>

Each apartment delivers high-quality features like Miele appliances and German tapware.

The bright &amp; roomy apartments with up to 2.7 metre high ceilings also come equipped with a washer&nbsp;dryer and concealed air-conditioning and heating

The homes include plenty of hidden storage space, with built-in-robes and kitchen cabinetry, as well as a hideaway laundry in select residences.

Every home features a spacious tiled balcony with many of&nbsp;the two-bedroom abodes placed at corners to capitalise further on a sweeping view.

[smartcode_project:default project_id=27406 project_image_fid=68117]

Parkhill is located in a compelling Melbourne CBD fringe location, only metres from the tranquil Flagstaff Gardens and other amenities.

Residents will have convenient access to shopping and dining offerings, universities, Melbourne&rsquo;s employment hub and excellent public transport services.

Designed to be the ideal place to work, live and play, Parkhill&rsquo;s lifestyle offerings include a rooftop gymnasium with views of Melbourne&rsquo;s skyline and a rooftop garden terrace.

The terrace provides a calming, landscaped setting to entertain family and friends, featuring dedicated seating areas, mature planting and barbeque facilities.

On the ground floor, a grand foyer and seven-day concierge help welcome you home.

[smartcode_project:default project_id=27406 project_image_fid=155585]

All that plus a guarantee of quality from a decorated developer with over 80 completed Melbourne projects.

&nbsp;Central Equity has won the Housing Institute of Australia (HIA) Victoria&rsquo;s &lsquo;Apartment Project of the Year&rsquo; award six times over the last ten years, making them the HIA Victoria&rsquo;s most awarded apartment developer.

Delivered by the award winning Central Equity, Parkhill Apartments boasts 161 residences in one and two-bedroom configurations

Floorplan Focus: Central Equity offer four floorplans at West Melbourne tower Parkhill Apartments

R&amp;F Property Australia&#39;s Footscray development Live City is set to breathe new life in to Ballarat Road.

The are&nbsp;rejuvenating&nbsp;the historic 1900s industrial complex of the old Kinnears Ropeworks&nbsp;and converting it in to its own masterplanned community.

It will home eight apartment towers when completed in between six to eight years, as well as retail and commercial precinct.

Stage one, the first residential tower,&nbsp;has recently been completed.&nbsp;The 14 level tower&nbsp;has been designed by Elenberg Fraser and homes 208 apartments which&nbsp;start from $468,000.

[smartcode_project:default project_id=3565 project_image_fid=68184]

R&amp;F are set to take advantage of the wider transformation&nbsp;Footscray has undergone over recent years.

The suburb, around six kilometres west&nbsp;of the Melbourne CBD,&nbsp;has&nbsp;gone from a gritty and rundown area&nbsp;to become an eclectic sought-after suburb for its cafe culture, student hub and connectivity to the Melbourne CBD.

Subtle hints to its industrial past remains, whether it&#39;s through the residential conversion of its factory buildings or commercial conversion of former warehouses.

Infrastructure surrounding the suburb has contributed to its gentrification. But some existing infrastructure plays a big part in its connectivity.

[smartcode_project:default project_id=3565 project_image_fid=76040]

Take the tram route 82,&nbsp;one of the last surviving historic routes from the historic Footscray tram network. That runs&nbsp;from the corner of Leeds and Irving Street&nbsp;to Moonee Ponds junction.

It runs via the $1.5 billion Western Hospital and Maribyrnong&#39;s High Point Shopping Centre. There are two tram stops literally on Live City&#39;s doorstep, as well as two&nbsp;bus stops.

Getting around town is also set to become even easier for residents of Live City, with news that train services will be running to the Melbourne CBD every two minutes during peak times from Footscray Station.

<a href="/buildings/live-city-124-188-ballarat-road-footscray"><img alt="" height="862" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/live_city_location.jpg" width="1600" /></a>

The suburb is popular among students and young professionals, with Footscray Park, the largest of VIC University&#39;s campuses a stones throw from Live City.

That features world class sports science facilities, state of the art lecture theatres and aquatic and fitness centres. The adjacent parklands also meet Flemington Racecourse.

Footscray&#39;s large indoor&nbsp;market&nbsp;is a popular haunt for those seeking the freshest fruit, veg, meat and seafood. There&#39;s also a number of retail outlets in the Irving Street block.&nbsp;

Over the last five or so years the suburb, just six kilometres north of Melbourne, has been undergoing its own transformation



Footscray Walking Tour: What's within walking distance of Live City?

Despite its prime location on the sought-after Chapel Street, residents of the completed 661 Chapel Street in South Yarra will feel they don&#39;t have to leave the development to exercise or socialise.

661 Chapel Street is the first Australian project of the Malaysian-based developer Gamuda Land, who made it a focus to offer their residents the best in onsite facilities.

Local architecture firm Bird de le Coeur designed the 30 level building of just 116 apartments.

The hotel-feel&nbsp;of 661 Chapel starts from the private porte-cochere entry, where the concierge is located.&nbsp;Behind the concierge is a meet and greet-style break out room with seating and dining facilities.

[smartcode_project:default project_id=600 project_image_fid=140800]

Also the ground level is a grand library and music corner, as well as private dining rooms and board rooms.

There&#39;s further dining rooms on level six, where the majority of the hotel-style facilities are located.

The most impressive is the 25 metre indoor/outdoor lap pool, which is accompanied by a sun deck, sauna and a steam room.

<a href="/buildings/661-chapel-street-661-chapel-street-south-yarra"><img alt="" height="947" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/661_chapel_st_pool.jpg" width="1600" /></a>

Level six also features a mini theatre room, lounge, gym and a wine cellar.

Entry level is from $546,000&nbsp;for a one bed apartment, $798,000 for two bedrooms and $1,841,000 for the three bedroom apartments. 
 
<a href="/buildings/661-chapel-street-661-chapel-street-south-yarra"><img alt="" height="972" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/661_chapel_theatre.jpg" width="1600" /></a>

The hotel-feel of 661 Chapel starts from the private porte-cochere entry, where the concierge is located



Why would you leave? 661 Chapel St offers residents health and social amenities

Port Lane is the latest development from the Melbourne developer ID_Land.

The townhome project of 122&nbsp;residences&nbsp;draws on its beachside location just minutes from the Sandridge Beach&nbsp;sand.

The three bedroom, two bathroom homes, designed by Rothelowman with interiors from Hecker Guthrie, start from $1,025,000.

[smartcode_project:default project_id=89720 project_image_fid=147504]

It&#39;s the location of Port Lane that has buyers, particularly owner-occupiers, quickly interested.

The development at 201 Williamstown Road takes prime position in the sought-after suburb of Port Melbourne, less than five minute walk to the Port Melbourne dog beach.

It&#39;s slightly further stroll to Port Melbourne Pier, or a shorter cycle on the Bay Trail along the beach.

<a href="/new-townhouses/port-lane-201-williamstown-road-port-melbourne"><img alt="" height="1129" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/port_lane_aerial_1.jpg" width="1600" /></a>

There&#39;s immediate access to public transport. The tram takes 20 minutes to reach the CBD.

Within walking distance is the popular Greg &amp; Bliss, the coffee pitstop by day and cocktail bar by night, as well as as all-day breakfast served at Station St Trading Co and&nbsp;Portofino inspired fine dining&nbsp;at Ciao Cielo.

Port Lane is also&nbsp;a short walk down Williamstown Road to the beating heart of Southbank.

Further afield, Port Lane provides convenient&nbsp;access over the Westgate Bridge to get out of Melbourne and head down to the Bellarine Peninsula.

About the developer

Listed amongst Urban&rsquo;s list of 10 developers to watch in Victoria this year, ID_Land delivers high-quality communities of varied scale and complexity, and Port Lane is no exception.

Founded in 2009, the group competes against the industry&rsquo;s leading players and boasts a diverse development pipeline in excess of $2 billion.

The townhome project of 122 residences draws on its beachside location just minutes from the Sandridge Beach sand.

Walking tour: What's within walking distance from Port Melbourne's Port Lane townhomes?

One Coburg Quarter is the newest development by the Melbourne-based property developer Future Estate.

The contemporary eight level&nbsp;building is being constructed on the&nbsp;historic site was once the Pentridge Prison, with the heritage bluestone walls used by renowned architecture firm Rothelowman as part of the facade.

The residential tower homes just 125 one and two bedroom apartments, priced from $351,000.

The&nbsp;multi-faceted masterplan has been designed with the community in mind.

A European-style central square complemented by a new high street, offering an exciting range of restaurants, cafes, bars, retailers and public spaces will form the civic and cultural focal point.

Urban has taken a look at five reasons why One Coburg Quarter should be on a buyer&#39;s shortlist.

[smartcode_project:default project_id=3783 project_image_fid=144842]

1. The Developer

Future Estate has been developing property since 2009 when it was founded by its managing director Ben Anderson.

Currently they have two Bundoora projects, Botanic at Parc Vue, the 407 apartment block, and Parc Vue Bundoora, neighbouring Bundoora Park.&nbsp;

Future Estate prides themselves on a more &#39;full circle&#39; approach to property and its management, rather than the typical development only approach.

[smartcode_project:default project_id=3783 project_image_fid=28884]

Future Estate then seeks to maintain ownership of specific, strategic assets once developed, and then manages the real estate requirements as each project reaches completion.

Such management services include owners corporation, building manager and concierge services, hotels and serviced apartments and hospitality venues.

2. The Architect

One Coburg Quarter has been designed by the renowned architecture firm Rothelowman.&nbsp;

They call 1851-built Pentridge Prison a stunning Australian treasure due to its bluestone construction which has held for for 170 years.

&quot;Echoing the rhythm and language of the historical prison structures, One Coburg Quarter is inspired by the past, yet designed for tomorrow&quot;, Rothelowman note.

[smartcode_project:default project_id=3783 project_image_fid=144846]

It was inspired by the unique character of Coburg and a reverence for historic mixed-use precincts in New York City and London.

&quot;Coburg Quarter will have a village feel in an urban context. It will be a natural extension of Melbourne&rsquo;s celebrated northern suburbs such as Brunswick, Northcote and Fitzroy.&quot;

3.&nbsp; The Location

Coburg has long been admired for its multicultural heritage, and culture of community and family. With Sydney Road at its heart, the suburb has gentrified considerably in recent times, however, still very much retains its heritage and relaxed atmosphere. A short stroll down Sydney Road illustrates a community and village vibe that can&rsquo;t be matched in Melbourne.

Rated a 9/10 for walkability, everything is within close reach in Coburg. From up-to-the-minute cafes, restaurants, bars and nightlife, to quality basic amenity such as supermarkets, One Coburg Quarter has it all within walking distance. But delve deeper and you&rsquo;ll find little gems such as the weekly farmer&rsquo;s market at Coburg Primary School and Mediterranean Wholesalers, a wonderful continental market.

Coburg lies within a transport &lsquo;hot spot&rsquo;, offering residents multiple ways of moving around Melbourne. Just a 30-minute tram ride from the CBD, Coburg is also serviced by trains and buses, making it a cinch to get around. If driving is your thing, Sydney road is a major arterial in the north, connecting Coburg to the CBD and neighbouring northern suburbs. What&rsquo;s more, Coburg is a mere 20-minute drive from Melbourne&rsquo;s Tullamarine Airport.

4. The Apartments

On offer are a selection of one and two-bedroom floorplans, each with state-of-the-art kitchens featuring&nbsp;mirrored splashbacks, integrated appliances and four-burner gas hobs, as well as&nbsp;Matte black tapware and minimalist sinks.

[smartcode_project:default project_id=3783 project_image_fid=144840]

The living areas feature pale timber flooring and are filled with plenty of natural light.

The bathrooms also exude style &ndash; with matte black fittings, integrated vanity storage and LED lighting.

5. The Amenities

Residents at One Coburg Quarter will enjoy communal indoor lounge and dining areas that open to an outdoor rooftop terrace with landscaped plans, outdoor seating and a barbecue.

[smartcode_project:default project_id=3783 project_image_fid=144843]

The terrace will have a panoramic view of the Melbourne skyline.

Want to know more?&nbsp;Check out the <a href="/news/vic/display-tour-one-coburg-quarter-by-future-estate-in-coburg-vic">display tour here</a>.

&nbsp;

One Coburg Quarter is the newest development by the Melbourne-based property developer Future Estate.

Why One Coburg Quarter should be on a buyer's shortlist

Melbourne unit rents have fallen by 8.2% over the year and Sydney unit rents are 4.9% lower, according to CoreLogic&rsquo;s Rental Review for the March 2021 quarter.

CoreLogic&rsquo;s research director Tim Lawless blamed it on &quot;a demand shock.&quot;

&ldquo;The annual decline in rents across Australia&rsquo;s two largest cities is attributable to falling rents in the unit sector, where closed international borders have created a demand shock in a market that was already challenged by high supply.&nbsp;

&ldquo;Some inner city precincts of Melbourne have seen unit rents fall by more than 20% over the past 12 months.&nbsp;

[smartcode_project:default project_id=600 project_image_fid=13472]

&quot;Prospects for a material improvement in rental conditions across these inner city high density precincts are largely dependent on a return of tenancy demand from international students and visitors, who were previously a key component of rental demand.

&ldquo;Although rents are generally rising, housing values have been rising at a faster rate which has seen rental yields compress across most of the capital cities.&quot;

Lawless noted while Melbourne recorded the weakest growth in rents among the capitals over the three months to March 2021, house rents were up 1.6%, while unit rents were unchanged over the quarter.

Lawless noted the strong exceptions were Perth and Darwin where rents have risen at a faster pace than housing values, driving a rise in yields.&nbsp;

&quot;The opposite is true in Sydney and Melbourne where rental yields are plumbing new record lows,&quot; he said.

[smartcode_project:default project_id=6201 project_image_fid=89011]

&ldquo;Outside of Sydney and Melbourne, with mortgage rates so low, yields are generally high enough to provide investors with positive cash flow opportunities from the outset,&rdquo; says Mr Lawless. 
&nbsp;&nbsp; 
National gross rental yields were recorded at 3.55%, down from 3.71% over the December quarter and 3.76% a year earlier as dwelling values outperform rental growth.

Darwin was the highest yielding capital city, up 21 basis points over the month to 6.21%.&nbsp;

Sydney remains the lowest yielding at 2.74%.

Melbourne recorded the weakest growth in rents of the capital cities over the three months to March 2021, with house rents up 1.6%, while unit rents were unchanged over the quarter

jchancellor

Melbourne apartment rents remained steady over March quarter: CoreLogic

Cremorne&#39;s gentrification has gained further momentum with the addition of Everlane strata office suites.

CostaFox has launched its second premium strata office complex in the inner Melbourne suburb.

The strata offices will range in size from 68sqm to whole floors at 613, with prices from $845,000.&nbsp;

Everlane will be diagonally opposite the first project at 22 Gordon Street, Cremorne.&nbsp;

The suburb, set between Goschs Paddock and Chapel Street, was an industrial suburb.

Construction of The Malt District, a $1 billion redevelopment on the Nylex Clock site in Cremorne, is the biggest project having been commenced in 2018 by the developer Caydon.

Caydon&#39;s initial project was a nine-level office tower, and then 12 and 15 stepped-level Coppins Corner tower.

With more than 200 residential apartments, the apartments have been priced from $462,000 for one bedrooms, two bedrooms from $695,000 and three bedroom apartments from $1.4 million.&nbsp;

&quot;This gentrifying Cremorne pocket has evolved into an epicentre for work, health and wellbeing and social congregation,&quot; managing director Michael Fox noted.

<img alt="" height="1600" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/22_gordon_st_2.jpg" width="1200" />

The new project features 14 strata office suites on the top three levels of the eight storey building with city views.

The building was designed by Fieldwork, with interiors by Mim Design. The landscaping will be by openwork.

It features premium club-like end of trip facilities, although it is expected some workers will reside in the Malt District.

Fox advised it was &quot;a sustainable and technologically advanced smart building for the future.&quot;

Development director, Geno Hubay said that CostaFox had a view that &ldquo;many tenants would prefer to be owner occupiers post COVID with many companies wanting to control of their own destiny.&quot;

The office suites, which come with at least one secure car space, are listed through Colliers International agent Ben Baines, Ted Dwyer, Raphael Favas and Chris Ling.

CostaFox sold its initial strata office development project in one line to Bayley Stuart in November 2019 for $50 million.

Cremorne's gentrification has gained further momentum with the addition of Everlane strata office suites to the precinct

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ALTA Property to deliver $200 million Queens Road apartment tower

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