<a href="https://www.apartments.com.au/developments/broadbeach-qld-4218">Broadbeach</a> offers plenty of reasons to live vertically, but moving from a substantial family home into an apartment can expose the compromises of high-density living. Privacy, room for guests and usable living space tend to matter more when an apartment is intended as a permanent home rather than an occasional coastal base.

A typical residential floor at <a href="https://www.apartments.com.au/new-apartments/the-eveleigh-broadbeach-7-9-surf-parade-broadbeach-qld-4218">The Eveleigh</a>, on Surf Parade,&nbsp;contains just four apartments. The 94-residence development by <a href="https://www.apartments.com.au/developers/hirsch-faigen">Hirsch &amp; Faigen</a> is predominantly made up of expansive three-bedroom homes, with a limited collection of half-floor penthouses above.

Across the apartment floors, <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a> has used the relatively limited number of residences to give each home greater access to natural light and outlook. Living spaces extend towards full-height glazing, while a series of bay windows frame selected views across the Pacific Ocean, city and hinterland rather than treating the building edge as a continuous wall of glass.

&nbsp;

[smartcode_project:default project_id=149670 project_image_fid=360965]

“The apartment floors deliver a collection of homes that embrace controlled outlook via a series of bay windows deliberately framing moments of view,” Rothelowman Director Kim Lowman said.

From outside, those projecting forms contribute to the tower’s faceted profile. Strong horizontal and vertical elements establish its proportions, while the changing position of the sun alters the light, shadow and reflection across the façade throughout the day.

The same attention moves inside the apartments, where the material palette combines warm timber, natural stone, metallic detailing and softer curved forms. Kitchens sit within the main living zone, with stone island benches, integrated joinery and European appliances, before the living areas extend towards the glazing and the outlook.

&nbsp;

[smartcode_project:default project_id=149670 project_image_fid=360981]

Three genuine bedrooms provide room to accommodate family and guests, while two secure car spaces and storage address some of the practical considerations that can become more noticeable when moving from a larger home. Feedback from the display suite has centred on the warmth and restraint of the interiors, with buyers commenting that the residences feel like homes rather than conventional coastal apartments.

A limited collection of half-floor penthouses occupies the upper levels, increasing the scale of the living spaces and adding private balconies and elevated finishes. From this position, the outlook extends between the ocean and hinterland.

Outside the private residences, The Eveleigh separates its shared spaces between the podium and rooftop. The podium is centred on wellness, with subtropical landscaping surrounding a swimming pool and pool terrace, yoga garden, private gymnasium, sauna and hot and cold plunge facilities. Landscaped retreats and pavilions provide additional places to sit away from the main recreation areas.

&nbsp;

[smartcode_project:default project_id=149670 project_image_fid=360966]

Higher in the building, a rooftop pavilion and private dining suite sit alongside resident lounge, barbecue and outdoor dining areas, opening towards panoramic views across the ocean, city and hinterland.

“Buyers are no longer just looking for an apartment, but a lifestyle where they can relax, reset, and enjoy a balanced way of living,” Hirsch &amp; Faigen Director of Sales Matt George said.

Interest to date has come from established owner-occupiers and interstate lifestyle purchasers, including buyers planning a future move to the Gold Coast. Many are coming from larger homes and want to reduce ongoing maintenance without giving up space for family and guests, privacy, two car spaces or the ability to entertain at home.

&nbsp;

[smartcode_project:default project_id=149670 project_image_fid=360969]

Much of that daily life can also take place beyond the building without requiring a drive. Kurrawa Beach and Pratten Park are an easy walk from Surf Parade, while Pacific Fair, Oracle Boulevard, The Oasis, restaurants, cafés, entertainment and public transport are also within walking distance.

The Eveleigh is Hirsch &amp; Faigen's fourth Gold Coast development since entering the market in 2021, following The Hemingway at Palm Beach, The Emerson at Kirra and Yves at Mermaid Beach. Each of the preceding projects sold out before completion.

“Broadbeach had been on our radar throughout our time operating on the Gold Coast,” the developer said. “Following our projects in Palm Beach, Kirra and Mermaid Beach, Broadbeach represented the natural next step for the business.”

The Surf Parade site brought together proximity to the beach, protected coastal outlooks and walkability to dining, shopping and recreation. Hirsch &amp; Faigen also identified the street as an emerging premium residential address, with enough separation from Broadbeach's busier destinations to retain a quieter environment at home.

The Eveleigh is now under construction by Maxcon, with completion forecast for mid-2028. Three-bedroom residences are currently available from $2.87 million.

[smartcode_project_cta:default project_id=149670]

Joel Robinson

The Eveleigh brings house-like apartments to Broadbeach

A long-stalled Campbelltown development site is back in play, with new plans for 139 apartments set to supersede a mixed-use scheme approved almost a decade ago but never built.

The new proposal for 28 Cordeaux Street would deliver 116 market and 23 affordable apartments in a part 14-storey building, bringing a substantial new project into a Campbelltown market where new apartment supply remains limited.

Plans have been filed over the 3,092 sqm corner site at Moore-Oxley Street, around 600 metres from Campbelltown Railway Station and the city-centre retail core.

The site already carries a mixed-use residential approval dating to 2016. Doroch Architects has now been engaged on a larger replacement scheme, which is progressing as a State Significant Development Application following a Housing Delivery Authority determination in August 2025.

The apartment mix comprises 39 one-bedroom, 72 two-bedroom and 28 three-bedroom residences. Two-bedroom apartments make up just over half of the project, while three-bedroom homes account for 20 per cent.

<img alt="First look: New 139-apartment plans revive long-stalled Campbelltown city centre site" data-entity-type="file" data-entity-uuid="136dd5b9-3791-4da6-9e31-76f533f5b4de" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Campbelltown%20da2.png?VersionId=LgOSy9nwf5u.MGswBBwaGGxuX8QpHSl_" />

Of the 139 apartments, 23 will be delivered as affordable housing under the in-fill affordable housing provisions of the Housing SEPP. The affordable component represents 15 per cent of the residential gross floor area and will be managed by a registered Community Housing Provider.

Doroch has sought to break the scale of the building into two distinct elements, with a masonry podium of around four storeys establishing the street edge before the residential tower steps back above.

The corner position has shaped that approach. Cordeaux Street faces toward the commercial and civic centre, while Moore-Oxley Street leads into the lower-scale residential neighbourhood to the south, and the design verification report describes the site as "bridging the commercial core to the north and established residential areas to the south."

The podium will be expressed predominantly in face brick, while the upper levels shift to brushed and grooved concrete cladding with darker metal detailing. Recessed sections, deep balcony edges and landscaping break down the upper form, with an approximately 11.8-metre setback to the northern boundary addressing the adjoining St Peters Anglican School.

<img alt="First look: New 139-apartment plans revive long-stalled Campbelltown city centre site" data-entity-type="file" data-entity-uuid="c8b3d2d3-c561-4bfc-a5d9-a68c0c10dac1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Campbelltown%20da1.png?VersionId=AeAEyJU02Gk2k5noUj2StziCvdQ7fW4B" />

Campbelltown has been starved of new residential developments in the last decade.

The only other notable development set to come to market this year is ALAND's Queen Square, a mixed-use precinct on over two hectares that will comprise apartments above a vibrant ground-level retail and hospitality dining precinct.

First look: New 139-apartment plans revive long-stalled Campbelltown city centre site

First Look: Sherlock Construction pitches apartments for low-rise Deception Bay

Queensland builder-developer MAYD has revealed the first look at its major North Kirra beachfront development, lodging amended plans that reduce the number of apartments and increase the proportion of larger residences.

The project is planned across a substantial 4,742 sqm amalgamated site spanning seven lots at <a href="https://www.apartments.com.au/new-apartments/2-6-pacific-parade-bilinga-qld-4225">2-6 Pacific Parade</a> and 27-33 Golden Four Drive in Bilin​ga, directly opposite Nor​th Kirra Beach.

<a href="https://www.apartments.com.au/developers/mayd-group">MAYD</a> secured the site for $32.5 million in 2025, in what was one of the Gold Coast's largest property transactions of the year.

The development will be delivered across two stages, with the first stage carrying an estimated gross realisation value of around $360 million.

The latest amendments seek to reduce the overall apartment count and shift the project further toward the owner-occupier market, with larger residences designed for buyers wanting considerably more space than traditionally offered in a beachfront apartment.

The residential mix will include townhomes, oversized two-bedroom apartments, substantial three-bedroom residences and four-bedroom homes.

MAYD has appointed Cera Stribley to lead the architecture and interiors, with the Melbourne-based design practice drawing on the beachfront setting through a series of ocean-facing terraces and heavily landscaped balconies.

Strong horizontal forms and curved balconies will define the exterior, with subtropical landscaping integrated throughout the building to soften the built form and increase the connection between the residences and the beachfront.

The project will also include an extensive collection of resident wellness and lifestyle facilities, continuing the broader shift across the Gold Coast's luxury apartment market toward larger homes supported by resort-style amenity.

<img alt="MAYD" data-entity-type="file" data-entity-uuid="d1bcbb05-e659-4b47-8bd4-1e595315e2ad" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-27%20at%202.05.03%E2%80%AFPM.png?VersionId=jj0XEud1X1DuLt7_KyElhjMdZGOXmLHP" />

MAYD Founder Todd Mould said North Kirra was increasingly appealing to buyers attracted to the more established, lower-density character of the southern Gold Coast.

"North Kirra presents one of the most compelling luxury residential opportunities currently emerging in Australia, combining absolute beachfront with the character and authenticity that buyers are increasingly seeking, and the same sense of tight-knit community that defined Burleigh and Currumbin perhaps 10 or 15 years ago," Mould said.

"With Gold Coast Airport on its doorstep, it also offers a level of accessibility that broadens its appeal across almost every market demographic."

The project comes as the southern Gold Coast continues to attract an increasing share of high-end apartment development and buyer activity.

Kirra in particular has emerged as one of the region's more tightly held beachfront markets, with its relatively low-density character, established surf and hospitality scene and proximity to Gold Coast Airport differentiating it from the higher-density markets further north.

Mould said those characteristics had informed the approach MAYD and Cera Stribley had taken to the project.

"We've worked closely with Cera Stribley to create a vision that is deeply connected to its surroundings," he said.

"Inspired by the coastline itself, the architecture has been shaped around space, privacy and resort-style living, creating a collection of homes that reflects the next generation of luxury on the southern Gold Coast."

MOTIV Managing Director Carly Cottam, who has been appointed to market the project, said buyer attention had continued to move south along the Gold Coast.

"Purchasers who may once have defaulted to Broadbeach, Main Beach or Surfers Paradise are increasingly recognising the value of a genuine beachfront location that offers lower density, strong amenity and a more established sense of community," Cottam said.

"Kirra has a powerful combination of growing demand and genuine scarcity. Beachfront supply is inherently constrained, the area remains relatively low density, and buyers are increasingly placing a premium on locations that feel established, uncrowded and authentic rather than heavily developed."

Cottam said the proximity to Gold Coast Airport was also proving increasingly important for interstate and second-home buyers.

"Being minutes from Gold Coast Airport makes it particularly compelling for interstate buyers, frequent travellers and second-home purchasers who can access an authentic coastal lifestyle almost immediately after stepping off a flight."

The acquisition takes MAYD's active development portfolio to more than $500 million, with the North Kirra project representing one of its largest undertakings to date.

MAYD is targeting an early 2027 launch.

First look at MAYD's North Kirra mixed-use precinct

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Castle Hill, the longtime hub of the Hills District, has been one of the major beneficiaries of Sydney's Metro expansion, with improved connectivity helping drive continued population growth, development and buyer demand across the Hills District.

But despite that growth, the suburb has seen relatively few major new apartment projects brought to market over the past 18 months.

Hills District developer Reve Group is looking to fill that gap with <a href="https://www.apartments.com.au/new-apartments/nova-r-ve-castle-hill-2-garthowen-crescent-castle-hill-nsw-2154">Nova Rêve</a>, a major new mixed-use precinct on the corner of Garthowen Crescent and Old Castle Hill Road, a short walk from Castle Hill Metro Station and Castle Towers.

[smartcode_project:default project_id=152737 project_image_fid=377679]

The project will comprise three residential towers alongside a hotel, restaurants, cafes and a skybar, more than 1,600 sqm of ground-floor retail and almost an acre of landscaped gardens.

It represents the largest project undertaken by Reve Group, the development arm of the Kassis family, which has been building across the Hills District for more than 30 years through Kassis Homes.

[smartcode_project:default project_id=152737 project_image_fid=377675]

Nova Rêve also represents a significant step up from the family's first apartment development, Grand Rêve, which was delivered nearby on Garthowen Crescent.

Grand Rêve introduced larger, house-like apartment layouts and premium inclusions including Wolf and Sub-Zero appliances to the Castle Hill market.

Nova Rêve takes that approach to a precinct scale, combining the residential component with hospitality, retail and substantial public and resident landscaping.

[smartcode_project:default project_id=152737 project_image_fid=377685]

Reve Group Managing Director Sam Kassis said the project reflected the family's three decades of building in the Hills, which has evolved from trophy homes on quarter-acre blocks to larger-scale apartment development.

"Grand Rêve was our first apartment project here and it showed us what this pocket of Castle Hill could be. Nova Rêve is the refinement of that idea: not just apartments, but a place the whole suburb can use," Kassis said.

A key part of that approach is the hotel, which has been designed to operate as an amenity for the wider Castle Hill community rather than solely hotel guests.

It will include restaurants, cafes, skybars and all-day dining, alongside conference and event facilities catering to business functions, community groups and private events.

At ground level, more than 1,600 sqm of shops and cafes will open onto the surrounding streets and landscaped areas.

Almost an acre of gardens designed by Land and Form Studios will run through the precinct, incorporating pathways, seating, barbecue areas and children's play spaces.

[smartcode_project:default project_id=152737 project_image_fid=377680]

Reve Group's Romio Georges said creating an active ground plane had been central to the planning of Nova Rêve.

"There are gardens with pathways, barbecues, seating and play areas, shops and cafes opening onto the street, and a hotel with restaurants and a skybar that anyone in Castle Hill can walk into," Georges said.

The project's elevated position on one of Sydney's highest ridgelines will also provide apartments with outlooks toward the Sydney skyline, surrounding parkland and the Blue Mountains.

More than 80 per cent of the apartments will occupy corner positions, with Turner responsible for both the architecture and interiors.

&nbsp;

[smartcode_project_cta:default project_id=152737]

<h3 data-end="3697" data-section-id="q3n5ak" data-start="3672">&nbsp;</h3>
</main>

Nova Rêve arrives as Reve Group bets on Castle Hill's next growth phase

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>

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Ellen Walker

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

<a href="https://www.apartments.com.au/developers/far-east-consortium">Far East Consortium</a> is preparing to commence construction on <a href="https://www.apartments.com.au/new-apartments/640-bourke-street-melbourne-640-bourke-street-melbourne-vic-3000">640 Bourke Street</a> this October, marking the next milestone for the Melbourne CBD development and its higher-end Eliza Collection.

Spanning levels 44 to 68 of the 68-storey <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a>-designed tower, the Eliza Collection has been conceived as a lower-density offering within the broader development, with only five apartments on each floor, dedicated lift access and a collection of resident spaces reserved exclusively for Eliza Collection residents.

The Eliza Collection forms part of Far East Consortium's broader move toward larger-format residences at 640 Bourke Street, where the number of apartments was reduced from earlier plans as apartment sizes increased.

[smartcode_project:default project_id=509 project_image_fid=365685]

"What it's meant for 640 Bourke is we've actually reduced the number of apartments. We've increased the overall size of the apartments. We don't have any studios in here, and what that does for a project is it elevates it," Far East Consortium Director of Sales and Marketing Lauren Sheldon said.

Rothelowman Associate Jun Chang said the design process provided an opportunity to create more generous floorplans.

"We were given the opportunity to be more generous. The apartments became bigger and squarer than any other apartments which had been designed in the CBD before that."

[smartcode_project:default project_id=509 project_image_fid=368869]

That thinking carries through to the Eliza Collection, where the residences have been designed around the space and functionality associated with a larger home, but positioned high above the centre of Melbourne.

Kitchens are equipped with Gaggenau appliances, a butler's pantry, temperature-controlled wine cabinet and sculptural pendant lighting, while engineered timber flooring, stone and porcelain finishes and custom cabinetry feature throughout the broader interiors.

Privacy and security are another point of distinction. Eliza Collection residents have dedicated lift access, while 640 Bourke Street will provide concierge services and secure resident parking. Short-stay accommodation, including Airbnb, will not be permitted within the development.

[smartcode_project:default project_id=509 project_image_fid=365689]

Eliza Collection residents will also have exclusive access to selected amenity spaces across levels one and three of the restored Eliza Tinsley building. These include the Salon with grand piano, an art therapy room, private dining rooms and treatment rooms.

They sit within more than 3,000 sqm of amenity planned across 640 Bourke Street, alongside facilities including a pool, gym, whisky lounge and further social and wellness spaces.

The Eliza Tinsley building itself is central to the wider project's identity. Rather than treating the existing Eliza Tinsley façade as a separate element, Rothelowman used it as a starting point for the architecture of the new tower, with the historic building to accommodate the project's gallery and lobby.

"It's a significant asset and wants to be celebrated and experienced by all residents every single time they go in and out of the building," Rothelowman Principal Stuart Marsland said.

[smartcode_project:default project_id=509 project_image_fid=368872]

The tower will rise behind the retained heritage building at 640 Bourke Street, placing residents within walking distance of Southern Cross Station, Flagstaff Gardens, Queen Victoria Market and the Docklands waterfront.

With construction scheduled to begin in October, Far East Consortium has established an onsite display gallery at 640 Bourke Street, including fully built apartments that allow the project's layouts, materials and finishes to be inspected at full scale.

A fully built Eliza Collection apartment is also available to view at the display suite by appointment ahead of the planned October construction commencement.

Eligible purchasers who buy before construction commences can secure the full available off-the-plan stamp duty savings, subject to eligibility and applicable conditions.

[smartcode_project_cta:default project_id=509]

Far East Consortium brings Eliza Collection to 640 Bourke Street ahead of October construction start

Aultun Group&rsquo;s latest Chelsea Heights development, Sixth Avenue, offers residents an exceptional coastal living experience.

The 59-townhouse development offers the ideal Melbourne Bayside abode with sleek interchanging fa&ccedil;ades that complement one another.

Designed by Point Architect, the townhomes deliver space and function, with light-filled interiors, elegant bedroom retreats and expansive private courtyards.

[smartcode_project:default project_id=32136 project_image_fid=93832]

The homes achieve a BESS &lsquo;Best Practice&rsquo; rating for sustainability, boasting a five-star instantaneous gas hot-water system, energy-efficient glazing, water-efficient tapware and bicycle parking.

Beyond your doorstep is an endless array of retail, dining and recreational amenities.

&ldquo;You will always find something new to do, surrounded by some of Melbourne&rsquo;s best government [and] private schools, the new Mordialloc by-pass will also bring so much value to the area&rdquo;, said Aultun Group managing director Bruce Yang.

[smartcode_project:default project_id=32136 project_image_fid=93831]

From sheltered bay waters to sports and activities at Goodlife&rsquo;s Chelsea Heights Health Club, discerning owner-occupiers can enjoy a premium location that provides for all lifestyles.

Sixth Avenue is in close proximity to the picturesque Patterson River Golf Club, the Chelsea Public Golf Course, the Chelsea Yacht Club and the Patterson Lakes Marina.

For the adventurous type, a vast array of aquatic sport amenities are available at the nearby Melbourne Cablepark.

[smartcode_project:default project_id=32136 project_image_fid=93833]

For family fun, residents can walk down Thames Promenade and find themselves at Chelsea Bicentennial Park or just over a kilometre further to a plethora of bayside pleasures at Chelsea Beach.

Educational facilities with walking distance include:

<ul>
	<li>Chelsea Heights Primary School</li>
	<li>St Joseph&rsquo;s Primary School</li>
	<li>Cornish College</li>
</ul>

Monash University is also within a 15-kilometre radius, including the main Clayton campus and the Frankston satellite campus.

Aultun Group’s latest Chelsea Heights development, Sixth Avenue, offers residents an exceptional coastal living experience

max.kwok_55688

Walking Tour: What's within walking distance from Sixth Avenue 

Residents have moved in to the completed&nbsp;$300 million Hawthorn East apartment project Hawthorn Park.

The striking project was developed by Dahua Group to a design by Rothelowman and sits in landscaping designed by Jack Merlo.

With buyers having moved in, Urban spoke to first home buyer&nbsp;Nahrin Butrus about her property buying journey, and what she loves about Hawthorn Park.

JR: What first drew you to Hawthorn Park?&nbsp;

NB: I was looking for a place with open space and greenery so the landscaping around the complex was actually very attractive and very important to me. And then on top of that the architectural style of the building and the interior design and finishings were all very beautiful and of high end quality. I was incredibly impressed with all that Hawthorn Park has to offer.

[smartcode_project:default project_id=3730 project_image_fid=158928]

JR: How long had you been searching for a property?&nbsp;

NB: For about one&nbsp;year on and off but I only seriously looked around for about three&nbsp;months with a firm intention of finding a place to finally purchase

JR: Were you always looking for an apartment?&nbsp;&nbsp;

NB: Yes, because I love the idea of living in an apartment with lots of facilities and amenities at hand. I also knew that for the location I was after an apartment would be the best option. It&rsquo;s an affordable way to live in the best part of Melbourne.

[smartcode_project:default project_id=3730 project_image_fid=158939]

JR: Why did you choose Hawthorn East?&nbsp;

NB: The&nbsp;location is perfect. It&rsquo;s a beautiful leafy suburb, very close to the shops and restaurants on Glenferrie, Burke, Auburn, Burwood, and Riversdale Roads, and it is very close to the city and transport. A lot of my favourite restaurants are here.

Read more: <a href="/news/vic/walking-tour-whats-within-walking-distance-from-hawthorn-park">Walking Tour: What&#39;s within walking distance from Hawthorn Park?</a>

JR: What advice would you have for other first home buyers?

NB: Research on what you need to do to be ready financially and understand how the purchase process works. And there&rsquo;s plenty of government schemes to help you along with buying your first place so take advantage of them.

[smartcode_project:default project_id=3730 project_image_fid=158932]

JR: Did you take advantage of any government incentives?&nbsp;

NB: Yes, I used the First Home Super Saver Scheme and received the First Home Owner Grant and Stamp Duty was waived.

JR: Did you have a set of criteria that your first home had to meet?

NB: I did but I also thought about how a range of characteristics worked together. I wanted a place that was close to the city, some greenery, with a good layout, good internal and external space, lots of amenities, not too tall a building so it is overbearing. I got everything I wanted.&nbsp;

JR: What made you decide to buy off-the-plan rather than an existing dwelling?

NB: I found my dream apartment and it wasn&rsquo;t built yet. But it also has the benefit of coming with the First Home Owner Grant, and it also gave me more time to get prepared with my finances and prepare to move. It&rsquo;s nice to be able to plan in advance with a time frame than suddenly having to move your life around.

[smartcode_project:default project_id=3730 project_image_fid=158937]

JR: How is your experience in Hawthorn Park?&nbsp;

NB: I&#39;m very happy at Hawthorn Park. It&rsquo;s all so beautiful and has turned out to be exactly what I was hoping to get. It honestly feels like living in a resort. And the apartment itself is well built too. I can see a lot of thought has gone into the layout inside the apartment to be functional for everyday life.

JR: Hawthorn Park has an impressive list of onsite amenities - which one is your favourite and&nbsp;why?&nbsp;

NB: It does and I love them all but the sky pool is definitely the most amazing. The views of the city and surrounds are impressive up there.

[smartcode_project:default project_id=3730 project_image_fid=158936]

JR: How do you find Hawthorn Park community?

NB: Everyone I&rsquo;ve met and talked to so far have all been lovely and wonderful people. I look forward to meeting more of my neighbours.

Read more:&nbsp;<a href="/expert-insights/buying/rothelowman-discuss-the-design-principles-of-dahua-groups-hawthorn-park-apartment-project">Rothelowman discuss the design principles of Dahua Group&#39;s Hawthorn Park apartment project</a>

Urban spoke to first home buyer Nahrin Butrus about her property buying journey and what she loves about Hawthorn Park.



Why I purchased: Buyers move in to Hawthorn Park apartment development

Seafarers is one of the latest mixed-use developments heading to Melbourne&#39;s rejuvenated Northbank precinct.

The project, by the veteran developer Riverlee, will home 123 apartments in the same building as&nbsp;Australia&#39;s first 1 Hotel when it is completed in late 2023.

Seafarers has been designed by the revered architecture firm Fender Katsalidis in collaboration with&nbsp;the award-winning architecture and interior design firm Carr Design.

Urban recently sat down with Riverlee development director David Lee to talk about the mixed-use project.

[smartcode_project:default project_id=27728 project_image_fid=73042]

JR: Who is Seafarers pitched at, and why did you choose this demographic?&nbsp; 
DL: Seafarers is multi-layered, with various points of difference across the project. The project is designed for residents, guests, and the public. So, there isn&rsquo;t just one, but many target audiences. &nbsp;Breaking them down, each of the different aspects of the project appeal to a different demographic &ndash; from the &lsquo;lock-up-and-leave&rsquo; ability for those constantly on the move, to the potential buyers wanting to downsize (or upsize) from their current living arrangements with the luxury hotel services on offer, to create ease of living.

The space allows for movement within the building and is planned to provide convenience for someone with a dynamic work schedule. Seafarers offers the opportunity to work late and entertain or host clients, all in the one vicinity with easy access to the CBD and airport.&nbsp;

Purchasers thus far have spanned from those already living in the CBD, to downsizers and entrepreneurs.&nbsp;

[smartcode_project:default project_id=27728 project_image_fid=73043]

JR: Why did you choose this site? 
DL: We first came across the Seafarers site back in 2008 when the Victorian Government called for submissions from developers to revitalise the Northbank area. At the time, we were the owners of the World Trade Centre nearby and had just undergone a refurbishment bringing new life to the waterfront area with an expansion of retail and a public wharf.&nbsp;

When submitting our plan to the Victorian Government, we had a great appreciation for the riverfront site and knew it was one of the last remaining in the Melbourne CBD. We were fortunate to be awarded the site in 2010.

JR: What was the brief for Fender Katsalidis?&nbsp; 
DL: Understanding the history of the site was important. We wanted to create a building that was respectful whilst also incorporating a unique space for both residents and the public. Fender Katsalidis&rsquo; brief was to capture the vibrant culture of Melbourne and bring a fresh addition to the Northbank area, re-connecting the city and the Yarra.

[smartcode_project:default project_id=27728 project_image_fid=73047]

Being a unique site, we wanted a striking architectural icon to grace the riverbanks, with a design that reflects the building&rsquo;s vibrant and mixed-use nature. This needed to be mindful of the site&rsquo;s origins, the heritage Goods Shed as well as the natural environment and public spaces.&nbsp;

JR: What are you most looking forward to seeing when the project is finished?&nbsp;

DL: Seeing the cohesive layers of Seafarers come together will be most exciting for us &ndash; park, river, wharf, heritage, hotel, residences and hospitality &ndash; particularly as it&rsquo;s a project that has been many years in the making. Connecting layers of people &ndash; residents, 1 Hotel guests and the public &ndash; and heritage through space and design at Northbank is something we are looking forward to.

JR: What will be the biggest drawcard for buyers to the project?&nbsp; 
DL: Seafarers will be Melbourne&rsquo;s first international hotel-branded residences. Purchasers of Seafarers will be part of the luxury, sustainable hotel-branded 1 Hotel &amp; Homes Melbourne. It is a new concept for the city, and I truly believe that it will change the landscape of luxury accommodation in Melbourne.

Residents will have exclusive access to all of the hotel services and amenities, from the convenience of their own home.&nbsp;

[smartcode_project:default project_id=27728 project_image_fid=97032]

1 Hotel &amp; Homes provides residents with a true lock-up and go lifestyle with pantries being stocked when needed, concierge services and space being available for those who travel frequently but are looking for a low maintenance, luxury living arrangement.&nbsp;

All of these services are very important to ensure Seafarers is recognised for its innovation and adaptability.

JR: Any plans for your next development? 
DL: At Riverlee we have recently debuted our next development, New Epping. Located in Melbourne&rsquo;s north, New Epping will provide health, commercial and residential opportunities including the new Northern Private Hospital, a diverse range of housing options and a central green spine, with wellness at the core of our offering.&nbsp;

It&#39;s an exciting development for us and one we really look forward to seeing come together over the coming years.&nbsp;

&nbsp;

[smartcode_project_cta: project_id=27728]

What buyer's need to know about the newest Northbank project Seafarers: Five minutes with Riverlee's David Lee

The ongoing&nbsp;surge in home financing and purchasing took a hit in April as one of the key drivers, the HomeBuilder Grant, came to an end in March.&nbsp;

Many developers however are sighting that the&nbsp;completion of the HomeBuilder Grant has failed to deter first home buyers.

Check out what first home buyers have been keeping an eye on in April.

Here are Urban’s most popular FHB projects:

1. Haven Townhomes, Keysborough

Three-bedroom townhouses&nbsp;from&nbsp;$675,000

[smartcode_project:default project_id=8082]

For those First Home Buyers with a family, or seeking something larger Haven Townhomes has been very eye-catching with affordable and stylish three and four bedroom townhomes on offer

Like Sixth Avenue featured later in this list it's another Aultun Group development this time partnering with&nbsp;Cera Stribley Architects.

The Haven estate encompasses a variety of two storey floor plans with the option of choosing a house and land package, or an off-the-plan purchase.

Situated surrounded by thriving wetlands and meandering walking trails, each of the 59 Haven Townhomes are in a prime position for stunning views, access to nature and world-class&nbsp;amenities.

It is set for completion in December 2021.

2. Live City,&nbsp;Footscray

Two-bedroom apartments from $460,000

[smartcode_project:default project_id=3565]

The new masterplanned community, Live City, comprises 208 residences spread across 14 floors, backed by developer R&amp;F Property Australia.

Set to deliver over 1,400 apartments across eight buildings, the Footscray project brings together a fully-integrated, mixed-use community that’s thriving with character and history.

Designed by Elenberg Fraser, each residence features floor-to-ceiling windows, contemporary interiors and an abundance of natural light.

It is the most affordable development on this list with a one bedroom abode available from $350,000.

3. Melbourne Square

Two-bedroom apartments from $642,000

[smartcode_project:default project_id=2929 project_image_fid=137895]

OSK Property are the group behind the&nbsp;boutique collection of homes at&nbsp;Melbourne Square.

Featuring four distinct themes, it has been architecturally designed by&nbsp;Cox Architecture, with interiors by designer&nbsp;Sue Carr, creating flawless spaces which make the most of the spectacular city views on offer.

Each bedroom boasts a stunning view&nbsp;via floor-to-ceiling glazing, plus the master suites offer a unique panoramic&nbsp;city vista.

Set for completion in mid 2021, amenities include a full-line Woolworths and other shops as well as resort-style facilities including pools, sauna, spa, gymnasium and a yoga room.

4. Sixth Avenue, Chelsea Heights

Two-bedroom townhouses from $599,000

[smartcode_project:default project_id=32136]

Sixth Avenue, delivered by the Aultun Group, was Urban's most popular project for first home buyers in the first quarter of 2021.

Designed by Point Architects in the near coastal suburb south-east of Melbourne, Sixth Avenue features light-filled interiors, bespoke landscaping and recreational amenities within easy reach. &nbsp;

Boasting a collection of 59 two, three and four-bedroom residences, the project provides perfect bayside living with an endless array of retail, dining, and recreational amenities all within easy reach. Whether you prefer to take a dip in the sheltered bay waters or seek the rush of adrenaline through sports and activities, Sixth Avenue’s premium location provides for all lifestyles.

5. Ryrie Home, Geelong

Two-bedroom apartments from $699,000

[smartcode_project:default project_id=5559 project_image_fid=88242]

Ryrie Homes was Urban's most popular investor project for Q1 2021, however this month's results show its appeal for FHB's, with Geelong's strong performance as one of the nation's most sought-after regional areas doing excellent work for this development.

Delivered by Franzé, each Ryrie Home apartment has been cleverly designed by Architectus to deliver great amenity, comfort and abundant storage, with timber flooring, beautiful finishes and quality fixtures.

Each apartment enjoys panoramic bay views and alfresco dining for year-round holiday living.

With the foreshore, 500m north and the CBD, 500m east—as well as parks, theatres, galleries, cafés and restaurants all within walking distance—Ryrie Home offers a level of culture and connection unmatched in Geelong.

Plus for first home buyers&nbsp;looking for something on the more affordable side, one-bedroom apartments start at $375,000

Check out what first home buyers have been keeping an eye on in April

jordan_55689

The most popular VIC developments for first home buyers in April on Urban

Ryrie Home is the latest development from Franz&eacute; Developments.

The mixed-use development, which broke ground earlier this year, is set to deliver Geelong&rsquo;s first major hotel and apartment project in 20 years.

Designed by&nbsp;Architectus,&nbsp;Ryrie&nbsp;Home will deliver a landmark Holiday Inn tower, 16 luxury apartments at&nbsp;Ryrie&nbsp;Residences, and a separate 11-storey tower,&nbsp;Ryrie&nbsp;Home.

As <a href="/news/vic/urbans-most-popular-vic-apartments-for-investors-in-q1-2021" target="_blank">Urban&#39;s most popular investor project for Q1 2021</a>, it&#39;s more than just the location&nbsp;that stands out. But with prices starting as low as $350,000, its both affordable and appealing.

Ryrie Home has been so popular with investors&nbsp;likely due to them eyeing its huge potential to downsize later in life.

[smartcode_project:default project_id=5559 project_image_fid=88241]

Geelong is well-known and much loved for its big city feel, without the congestion. Affectionately called G-Town, everything is within easy reach, so you can spend more time doing the things you love, be it sports, shopping, or exploring the caf&eacute;s and diverse eateries.

Situated at 44 Ryrie Street, Ryrie Home holds a prime position in the center of Geelong a short walk from the acclaimed Geelong Gallery.

Placed on a main thoroughfare the development is 5 minute walk from shopping centres,&nbsp;boutiques and a number of dining establishments.

<a href="/buildings/ryrie-home-geelong-44-ryrie-street-geelong"><img alt="" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/geelong.png" /></a>

Slightly beyond those is a Cinema and the MoPa Museum. And further afield&nbsp;are acclaimed dining institutions like&nbsp;Restaurant IGNI and the&nbsp;Empire Grill

Try taking the bike for a ride along the Geelong waterfront and experience the beaches and Royal Geelong Yacht Club, or enjoy an evening out by the water at bars like the Sailors Rest or Edge Geelong.

If you are looking for an exercise alternative to the nearby Fitness First, there is always Johnston Park

[smartcode_project:default project_id=5559 project_image_fid=88245]

The project features exposed concrete ceilings and floor-to-ceiling windows, merging a minimalist aesthetic with a sense of modern luxury in the bayside location.

Every&nbsp;home in the development features&nbsp;a private balcony where you can enjoy the panoramic bay views and alfresco dining year-round.

The 109 residence mixed use tower draws on its Geelong Quarter location part of the fastest growing regional city in Australia.



Walking tour: What's within walking distance from Geelong's Ryrie Home apartments?

OPINION

The dominant trend in Australian real estate, the one I call the Exodus to Affordable Lifestyle, first became highly visible 3-4 years ago in Victoria.

Melbourne residents started buying in regional cities and towns, firstly in places close to the state capital like Geelong and Ballarat. And, then, as the trend gathered pace, they added Bendigo to the shopping list, as well as the hill change areas north of Melbourne and the growth areas south-east of the city.

The year of the pandemic, with Melbourne suffering major lockdown periods, gave further impetus to the idea of leaving the big city and securing a different kind of lifestyle elsewhere in the state, while working remotely. Now buyers are targeting more distant centres like Warrnambool, Mildura, Echuca and the towns of East Gippsland.

This has resulted in spectacular growth in property prices in locations large and small across Victoria is the past year.

When I conducted a price analysis of Regional Victoria three months ago, I reported: &ldquo;Regional Victoria continues to excel on price performance, with 94% of locations across the state recording price growth in the past 12 months &ndash; and with 40 towns or suburbs achieving double-digit increases in their median house prices.&rdquo;

[smartcode_project:default project_id=5559]

I&rsquo;ve just completed a new analysis, which records an even more spectacular price performance: 96% of locations in Regional Victoria have had growth in their median house prices in the past 12 months &ndash; with 87 towns or suburbs achieving double-digit increases, including 20 locations which have lifted more than 20% in the past year.

Out of 139 suburbs and towns analysed, 133 have had annual growth - with 121 above 5%, 87 above 10% and 20 above 20%. These are nation-leading results on price growth.

Ballarat, Bendigo and Geelong are all standout performers with multiple suburbs with double-digit growth in their median house prices, but there are strong rising markets right 
across the regional areas of the state.

Some of the lesser-known towns of Victoria have had extraordinary increases in their median house prices in the past. Yarrawonga has risen 28% to $480,000, Myrtleford is up 29% to $380,000, Korumburra has risen 28% to $400,000, Maffra is up 24% to $315,000, Lakes Entrance has increased 26% to $385,000, Stawell has risen 22% to $230,000, Hamilton has increased 25% to $265,000 and Bright has lifted 23% to $715,000.

Towns which have increased by 16-18% include Venus Bay ($390,000), Mansfield ($530,000), Apollo Bay ($700,000), Beechworth ($540,000), Daylesford ($705,000), Loch Sport ($270,000) and Leongatha ($425,000).

There are numerous other towns where the annual growth has been between 10% and 15%, including Ararat ($245,000), Bannockburn ($525,000), Benalla ($325,000), Cobram ($300,000), Colac ($355,000), Drouin ($490,000), Echuca ($415,000), Euroa ($360,000), Inverloch ($670,000), Maddingley ($530,000), Metung ($450,000), Mildura ($335,000), Nagambie ($470,000), North Wonthaggi ($435,000), Paynesville ($385,000), Swan Hill ($320,000), Wangaratta ($360,000) and Warrnambool ($415,000).

Among the Hill Change areas a little north of Melbourne, Wallan, Kilmore, Seymour, Woodend, Gisborne, Romsey, Maldon and Maryborough have all increased 10% to 15% in the past 12 months. Median prices range from $270,000 at Maryborough to $855,000 at Woodend.

East of Melbourne, the towns of the Latrobe Valley have been particularly prolific, with Moe up 24% to $260,000, Churchill rising 22% to $235,000 and Newborough increasing 20% to $305,000. In Cardinia Shire on the south-eastern fringe of Melbourne, Emerald has lifted 13% to $750,000 and Beaconsfield has jumped 15% to $790,000.

The larger centres which have led the renaissance in Regional Victoria values &ndash; Ballarat, Bendigo and Geelong &ndash; are still producing major growth in median house prices, suburb by suburb. Most suburbs in Bendigo have had double-digit annual increases, headed by four locations which have increased 20-21% - White Hills ($380,000), Heathcote ($410,000), Maiden Gully ($620,000) and Strathfieldsaye ($555,000).

It&rsquo;s a similar scenario in Ballarat, where a dozen suburbs have grown by 11% or more, headed by Buninyong (up 26% to $615,000) and Lake Wendouree (up 26% to $1,070,000). Geelong also has a dozen suburbs with double-digit annual growth, led by East Geelong (up 25% to $795,000) and Geelong (up 23% to $885,000). Barwon Heads ($1,215,000), Herne Hill ($615,000), Ocean Grove ($800,000) and Portarlington ($710,000) have all had annual increases in the 15-17% range.

The year of the pandemic, with Melbourne suffering major lockdown periods, gave further impetus to the idea of leaving the big city

terryryder

Regional Victoria sees exceptional property price growth from Exodus to Affordable Lifestyle: Hotspotting's Terry Ryder

The Australian Broadcasting Corporation&rsquo;s last remaining landholding in Elsternwick is soon to hit the market, in what is expected to be a hotly contested sale process for the prime landholding.

The property, 8 Gordon Street, occupies a large 11,740sqm (3 acre) site zoned for Residential Growth with height potential of up to 8 levels on some parts of the property and is being offered for sale with vacant possession. The property will be sold by Public Tender, expected to close in early June.

[smartcode_project:default project_id=3402 project_image_fid=15046]

Savills Australia&rsquo;s Clinton Baxter, Nick Peden and Jesse Radisich have been appointed to market the property, saying they expected strong interest from a complete cross section of the market covering &ldquo;the full range of developers&rdquo;, from the residential, commercial, build-to-rent, social infrastructure, education, aged-care and healthcare sectors.

&ldquo;This sale will undoubtedly attract international attention by virtue of it being the most significant inner-Melbourne site to be offered to the market in 2021,&rdquo; Mr Baxter said,

&ldquo;There simply isn&rsquo;t another site of such magnitude and offering a unique array of amenity and positive attributes within the inner suburbs of Melbourne.&quot;

The offering follows Savills&rsquo; sale of the ABC&rsquo;s nearby Selwyn Street property to Woolworths for almost $50 million in 2017.

The site adjoins the magnificent heritage-protected Rippon Lea Estate and is just a short walk from Elsternwick railway station and the vibrant Glen Huntly Road retail strip.

The sale will undoubtedly attract international attention by virtue of it being the most significant inner-Melbourne site to be offered to the market in 2021

ABC’s last remaining landholding in Elsternwick VIC listed

Melbourne apartment values are approaching a $600,000 median after posting further one per cent gains across April, according to property data firm CoreLogic.

The gains followed a 2.1 per cent jump over March and 1.2 per cent across February, taking their rolling quarterly growth to four per cent.

Apartment values in the Victorian capital have been rising since October. They started the year with a $577,206 median. Now the median is at $599,234.

The main gains across the last six months or so across the country&nbsp;have been found in the housing&nbsp;sector, which is expected to taper off as the growth has been deemed &quot;unsustainable.&quot;

And that growth is likely to give a shot in the arm to the more affordable apartment sector.

CoreLogic&#39;s&nbsp;research director, Tim Lawless, says the pace of capital gains in the housing market could slow further over the coming months as inventory levels rise and affordability constraints dampen&nbsp;demand.

&ldquo;The slowdown in housing value appreciation is unsurprising given the rapid rate of growth seen over the past six months, especially in the context of subdued wages growth. With housing prices rising faster than incomes, it&rsquo;s likely price sensitive sectors of the market, such as first home buyers and lower income households, are finding it harder to save for a deposit and transactional costs.&rdquo;

&quot;There is already some evidence of fewer first time buyers in the market, with the Australian Bureau of Statistics reporting a -4.0% fall in the value of first home buyer home loans through February, the first drop since May last year.

<h2>Melbourne apartments and townhouses to secure at less than the growing median</h2>

Melbourne Grand

Price - Two bedroom apartments for $569,000.

[smartcode_project:default project_id=3490 project_image_fid=93147]

One of Melbourne&#39;s most recently completed towers is the $470 million Melbourne Grand, developed by Central Equity.

They had Multiplex deliver the 58 level high-rise apartment building which won the 2020 HIA Victorian Apartment Complex of the Year award.

High-profile architects Guilford Bell + Graham Fisher designed the 646 apartment block at 560 Lonsdale Street, standing some 200 metres above street level.

One bedroom apartments are priced from $489,000, two beds from $569,000 and three bedroom apartments from $869,000.

Sky Garden, Glen Waverley 
 
Price - One bedroom apartments from $498,000

[smartcode_project:default project_id=2881 project_image_fid=148829]

Developed by Golden Age, Sky Garden is the latest mixed-use development in Melbourne&rsquo;s Glen Waverley.

Featuring over 4,000 sqm of internal and external facilities, the development boasts an affordable&nbsp;entry price of just $498,000.

Features include a sky garden, private cinema, gym, heated lap pool and private library.

Apartment values in the Victorian capital have been rising since October



May 2021: How did Melbourne apartment values perform over April?

Enveloping Melbourne&rsquo;s much-loved eastern suburbs, the City of Boroondara boasts a stylish, refined atmosphere perfect for families.

The lovely, leafy region lies only five kilometres east of the Melbourne CBD, making it a popular residential area.

Its become highly competitive over the last decade thanks to its quaint shopping strips, lush parks, period homes and excellent schools.

Urban takes a look at three family homes on the market in the Boroondara LGA now.

1. Hawthorn Park, Hawthorn East 
Address: 33 Camberwell Road, Hawthorn East VIC 3123 
Four-bedroom apartments from $1,872,000

[smartcode_project:default project_id=3730 project_image_fid=158928]

Delivered by the Dahua Group, Hawthorn Park comprises 368 residences spread across seven floors and five buildings.

The development reimagines the norm of apartment living, featuring floor to ceiling windows and large garden balconies providing private vistas of the communal park.

Designed by Rothelowman, the project boasts unparalleled amenities - from Melbourne&#39;s first sky pool, theatre rooms, a stunning sky lounge and approximately 2000 sqm of parkland curated by landscape architect&nbsp;<a href="/news/jack-merlo-sheds-light-on-the-landscape-design-for-hawthorn-park" target="_self">Jack Merlo</a>.&nbsp;

2. Elision, Kew 
Address: 68 Walpole Street, Kew VIC 3101 
Four-bedroom townhomes from $2,520,000

[smartcode_project:default project_id=5804 project_image_fid=35695]

Elision homes epitomise world-class design with breathtaking luxury, proudly positioned on tree-lined Walpole Street in the heart of Kew.

Each of the 14 luxury townhouses in the collection offers wide open spaces, finely crafted details and simple yet bold forms.

Designed by CHT Architects, the homes feature high ceilings, spacious rooms, neutral tones and ground floor courtyards.

3. 60 Relowe Crescent, Mont Albert 
Address: 60 Relowe Crescent, Mont Albert VIC 3129 
Four-bedroom apartments from $1,540,000

[smartcode_project:default project_id=25409 project_image_fid=133518]

Situated in Mont Albert, the Relowe Residence delivers homebuyers luxury design in an ideal Melbourne location.

The development is surrounded by opulent sunshine and fantastic landscaping, as well as retail, dining and lifestyle amenities.

The home&rsquo;s layout features oak timber flooring, quality carpet, alfresco entertaining areas and a northerly oriented courtyard, complete with compact lawn areas and low-maintenance landscaped gardens.

The City of Boroondara boasts a stylish, refined atmosphere perfect for families

Top four-bedroom family homes in Melbourne’s Boroondara from $1.54 million

Haven Townhomes is among Melbourne-based developer Aultun Property Group&rsquo;s latest offerings in Melbourne&rsquo;s south-east, providing the perfect first home for young families.

Situated at 42 Homeleigh Road, the project delivers a collection of 59 three and four-bedroom homes in a prominent location.

Townhomes in the community begin at $675,000 for a three-bedroom, while four-bedroom homes start from $776,000.

Urban takes a look at five things we love about Haven Townhomes.

1. Great investment location

[smartcode_project:default project_id=8082 project_image_fid=59639]

A flourishing, multi-cultural suburb in Melbourne&rsquo;s south-east, Keysborough is the ideal location for affordable living for families.

Due to its close access to surrounding beaches, immaculate landscapes and rich amenities, Keysborough has attracted a number of young families, young professions and downsizers in the last few years.

The suburb has continued to develop infrastructure and facilities to meet this demand, including golf courses, shopping centres and wetlands.

According to the project marketing, Keysborough saw a 17.2 per cent increase in growth in 2019, making it one of the top ten metro suburbs for price growth in Victoria.

2. Local developer

[smartcode_project:default project_id=8082 project_image_fid=74486]

Aultun Property Group is a Melbourne-based developer creating apartments and townhouses in Victoria&rsquo;s premium suburbs.

Founded in 2012, the group has developed its reputation as a visionary in multi-residential projects, successfully forecasting key growth areas and the latest market trends.

&ldquo;Our passion is underpinned by our design-driven vision to create places that enrich lives&rdquo;, the group said.

Other projects by Aultun Property Group in Melbourne&rsquo;s south-east include their Chelsea Heights masterplanned community, Sixth Avenue.&nbsp;

3. Captivating design

[smartcode_project:default project_id=8082 project_image_fid=59637]

Characterised by its quality craftsmanship, this Keysborough development has been carefully curated by Cera Stribley Architects.

Haven Townhomes were designed with a focus on function and space, offering residents an abundance of natural light, private backyards and spacious floorplans.

&ldquo;Blending seamlessly with the surrounding streetscape with a palette of contemporary greys and timber accents, the Haven design promises to be both modern and timeless for years to come&rdquo;, the project marketing reads.

4. Family-friendly lifestyle

[smartcode_project:default project_id=8082 project_image_fid=59641]

Not only is Keysborough a great location for growth, but its connected lifestyle and community feel means that families may never want to leave.

Just four-kilometres from the project is Tatterson Park, a multi-purpose parkland featuring wetlands, walking trails, picnic space, adventure playgrounds and sports fields.

The local council has announced plans to build further developments including a kindergarten and community event space to add to the Keysborough South Community Centre.

Schools located within walking distance include Chandler Park Primary School, Lighthouse Christian College, Haileybury College and the newly-built Keysborough Gardens Primary School.

5. Landscaped Parklands

Each home itself is surrounded by verdant greenery and residents can enjoy an immaculately landscaped garden on the estate itself.

The Haven Gardens is a central feature of the development, offering&nbsp;a space to relax and rejuvenate in the peaceful atmosphere Keysborough offers.

With 80 per cent of stage one already sold, enquire now to secure a home at Haven Townhomes today.

Urban takes a look at five things we love about Haven Townhomes

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Far East Consortium brings Eliza Collection to 640 Bourke Street ahead of October construction start

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