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

Joel Robinson

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

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

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

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

Kooyongkoot wins Gold and Silver at Better Future Melbourne Design Awards

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

The apartment price gap drawing Sydney buyers west

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

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

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

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

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

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

Every First Home Owner Grant for new property by state

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

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

Staff Writer

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

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

alisonwarters@gmail.com

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

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

Ellen Walker

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

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A South Yarra triplex has been listed for sale in one line.

The Marne Street comes with a $11.5 million to $12.5 million price guide.

It is for sale through Kay &amp; Burton agent Peter Kudelka who said it was a rare chance to secure a whole block of apartments in the heart of the Botanic Gardens precinct.

Offers are due 12 May.

The marketing seeks buyers who will either iInvest or re-develop.

Its land size is 885 sqm.

Apartment three, a rear one bedroom garden apartment, was up for rent at $350 a week last June.

Apartment one was last advertised in 2012 at $1500 a week.

[smartcode_project:default project_id=600]

South Yarra has a $620,000 median price for units that rent for $410 PW with a rental yield of 3.4%. 

Based on five years of sales, South Yarra has seen a compound growth rate of 0.7% for units, according to realestate.com.au.
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The Marne Street, South Yarra block comes with a $11.5 million to $12.5 million price guide

jchancellor

South Yarra triplex listed with $12.5 million hopes

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Developers are reportedly keenly vieing for the 63 Exhibition St, Melbourne apartment project.

The 52 storey proposal dates from before the introduction of stricter Melbourne CBD planning rules, having been granted with a generous plot ratio of 33:1.

The vendor was nominated as the Tarascio family owned Salta Properties.

It was reported in 2015 that Salta had teamed with joint venture partner Malayisa's Asia One to acquire and develop the site having been independently acquired by Asia One for $37.5 million in 2014.

<img alt="" height="896" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/exhibition_2.jpg" width="1200">

They initially sought approval for a 64-level high-rise apartment and hotel tower, replacing the 6132 sqm floorspace, formerly known as ASF House or Citicorp House, which was constructed in 1969.

The bidding interest in recent weeks has been through JLL which was appointed to broker the sale of the property at the end of last year.

The Financial Review reports bids in the final four have come from parties, including Gurner and also the private developer Goldfields. There is also a foreign developer in the final four.

The 13 storey Melbourne CBD office block on an 894 sqm holding has planning approval for a 52-storey apartment and hotel complex.

JLL marketed it as an "never to be repeated permit approval for a 52 level luxury hotel and residential tower with 225 keys and 42 apartments."

It advised it would appeal as an international benchmark luxury hotel and branded residences opportunity.

The bids sit about $80 million, which was the price guide on its listing last December.
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The proposal, known as EAST SIXTY THREE dates from before the introduction of stricter Melbourne CBD planning rules, having been granted with a generous plot ratio of 33:1

Developers vie for 63 Exhibition St, Melbourne apartment tower project 

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The respected developer DealCorp have seen a quick take up of their unique promotion of offering their apartment buyers a chance to secure a further parking spot for just $1.

It's in their contemporary McKinnon apartment development MCKN in Melbourne's Glen Eira district, south-east of the CBD.

[smartcode_project:default project_id=4939]

While marketing was underway, MCKN's project team went back to re-design some apartments in line with local demand and were able to secure additional carparking.

The two bedroom, two bathroom apartments were offered the parking spaces for $1.

<a href="/news/vic/why-families-are-snapping-up-apartments-in-mckinnons-mckn-development">Read more: Why families are snapping up apartments in McKinnon's MCKN development</a>

“Understanding buyer demand and being agile is what DealCorp prides itself on", DealCorp marketing manager Laurelle Kobritz says.

"The market surrounding McKinnon is sophisticated and aware of incentives, so we needed to offer a stand out offer buyers couldn’t refuse if they were considering MCKN."

There's now just one car park remaining from the promotion, which DealCorp expect will be snapped up before the promotion closes at the end of the month.

DealCorp have secured around 70 per cent of sales already at MCKN, the boutique apartment development of just 41 on Jasper Road.

<a href="/new-apartments/mckn-236-jasper-road-mckinnon"><img alt="" height="790" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/mckn_2_0.jpg" width="1200"></a>

Spanning five levels, MCKN has been designed by the award-winning architect RITZ&amp;GHOUGASSIAN to pay homage to the functional designs of the neighbouring architecture.

The façade is a bold, textured surface of fluted concrete panels, which guide flourishing young shoots up the building’s exterior.

It's been a hit with families or prospective families so far due to the size of each apartment and its proximity to McKinnon Secondary College, one of the state’s highest ranked schools.

Completion is slated for August 2021, with the well regarded construction firm Hamilton Marino Builders handling the build.

 
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While marketing was underway, MCKN's project team went back to re-design some apartments in line with local demand and were able to secure additional carparking

DealCorp see success in unique $1 car space giveaway at McKinnon apartment development MCKN

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The luxury apartment sector has been the final piece to fall back in to place following the COVID-19 pandemic effect on real estate.

That's the view of Kay &amp; Burton director of special projects Damon Krongold, who said the whole luxury apartment sector shut down.

"Everything went on hold", Krongold said, particularly the downsizer demographic.

"That demographic froze in situ and it has been the last area of the property market to come back," Krongold added.

[smartcode_project:default project_id=4508]

However the market is now back, with the increased momentum for transactions in existing homes starting to filter through to the luxury apartment sector once more.

Krongold says there's been a genuine spike in recent weeks for products such as Heyington, the luxury Sterling Capital developed boutique apartment project in the heart of Toorak.

<a href="/buildings/heyington-63-heyington-place-toorak"><img alt="" height="779" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/heyington_3.jpg" width="1265"></a>

Heyington, designed by Carr Architecture in collaboration with landscape architecture firm Acre, has just 12 apartments, each having three bedrooms. Over 50 per cent of apartments have now sold in the block.

Krongold advises it's been the natural trend of those selling, with locals and the immediate surrounding areas the most keen on the project.

"They're selling out their larger homes which have high maintenance and gardens and are wanting a turn-key solution and lifestyle," Krongold says.

He suggests the pull of Heyington's location has been a drawcard, with that demographic keen on being closer to amenities such as Toorak village and near the Monash freeway to get out of town to go beachside and head down to the Peninsula.

Heyington apartments, featuring genuine stone, start from $3,295,000.

The two ground floor apartments feature large outdoor planted gardens, spanning 115 sqm and 189 sqm, larger than most gardens in metropolitan Melbourne houses.

<a href="/buildings/heyington-63-heyington-place-toorak"><img alt="" height="736" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/heyington_1.jpg" width="1200"></a>

Apartment 103 features over 240 sqm of outdoor terraces, both hard-paved and landscaped, with its own swimming pool. That's priced at $4,851,000.

Construction is slated for completion around four to six weeks sooner than expected despite the COVID-19 interruptions, with residents expected to move in in late 2021.
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"Everything went on hold", Krongold said, particularly the downsizer demographic.

Luxury off the plan apartment demand back as Heyington Toorak secures over 50% of sales

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Beulah has acquired the Southbank neighbouring site in a strategic move that will allow Australia's tallest tower to now have four street frontages.

The footprint of the project known as Southbank by Beulah will now increase to 7,706sqm.

It will be Melbourne's tallest tower on its completion in around five years time.

It creates a rare island site that will activate Power Street, City Road, Southbank Blvd, Waterfall Lane and a new Melbourne Laneway.

[smartcode_project:default project_id=8804]

The latest acquisition of the 1970s office block, Hanover House reportedly cost $40 million plus.

The acquisition will also allow for more space between the two towers, will increase the commercial offering to 50,000sqm as a result of larger, more flexible floorplates, will increase the public park to over 2,000sqm and will increase the community auditorium to 3,000 seats.

The design team of Cox Architecture in Melbourne and UNStudio in Amsterdam are currently in the process of preparing a submission to council to extend the lifestyle retail podium.

Beulah has released a new drawing from UNStudio, showcasing how the new design might look.

[smartcode_project:default project_id=9099]

Southbank by Beulah will contain Australia's tallest tower rising 365.1 metres, some 102 levels with the second building set to rise 250m, some 59 floors.

The former proposal for the Hanover House site, at the north east corner of Power St, of a 43 floor building with offices and 449 apartments will not proceed.
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The design team of Cox Architecture in Melbourne and UNStudio in Amsterdam are currently in the process of preparing a submission to council to extend the lifestyle retail podium.


Beulah's Southbank project expands

Verre in Preston, Melbourne&rsquo;s north, is a new development by Wolf &amp; Lamb on a site steeped in history.

It was one of Urban&#39;s <a href="/news/vic/urbans-most-popular-vic-projects-for-first-home-buyers-in-q1-2021">most popular VIC projects for first home buyers in Q1 2021</a>&nbsp;for a good reason, with the 57 apartment development offering luxuries inside and out.

Plus one bedroom apartments are available from as low as&nbsp;$385,000, extremely affordable for a first home buyer.

With&nbsp;one, two and three-bedroom apartments available,&nbsp;Melbourne-based architecture studio, Chamberlain Architects went all out on the design.

[smartcode_project:default project_id=7275]

Previously home to&nbsp;the location of a family owned and operated glassworks Peerless Glass, once&nbsp;synonymous with glass innovation in Melbourne, the development is located in a hub of retail, transport and lifestyle activities

Situated in the heart of Preston, Verre is designed with a focus on owner-occupiers and puts residents within minutes of every convenience you could ask for.

Known for its abundance of restaurants and bars, and in close proximity to the Melbourne CBD, Preston is northside Melbourne at its finest. Nearby lifestyle offerings include Merri Creek trail and St. Georges Road bike trail.

Cafe&#39;s and eateries nearby include, Pausa Pranzo, Moon Rabbit, Pad Cha Thai and Joy Jaune

<a href="/new-apartments/glass-haus-preston-296-plenty-road-preston-vic-3072"><img alt="" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/verre_balcony.jpg" /></a>

Educational Facilities nearby:

<ul>
	<li>Sacred Heart School</li>
	<li>Preston South Primary School</li>
	<li>St John&#39;s College Preston</li>
	<li>Northern College of the Arts and Technology</li>
	<li>Thornbury High School</li>
	<li>La Trobe University</li>
	<li>RMIT University</li>
	<li>Monash University</li>
</ul>

Off-the-plan buyers have raved about&nbsp;the floorplans, the fixtures and finishes&nbsp;as well as the size of each apartment&nbsp;and the view to the East or West.

It is set for completion in early 2022

Previously home to ‘Peerless Glass’, once synonymous with glass innovation in Melbourne, Verre is located in a hub of retail, transport and lifestyle activities

jordan_55689

Walking tour: The top amenities within walking distance from Preston's Verre apartments

If you're looking for a low maintenance home that is stylish and move-in ready,&nbsp;<a href="/new-townhouses/highlands-1-north-shore-drive-craigieburn">Eastside at Highlands</a>&nbsp;ticks all the boxes. The new <a href="/developers/stockland" target="_blank">Stockland</a> development's design exudes a relaxed, contemporary aesthetic – from the considered colour palette to the seamless finishes.&nbsp;

Take a look at our video tour of the display suite:

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="415" src="https://www.youtube.com/embed/soEWVaidu_U" title="YouTube video player" width="660"></iframe>

<h2>EASTSIDE AT HIGHLANDS&nbsp;AT A GLANCE</h2>

Developer: <a href="/developers/stockland" target="_blank">Stockland</a>

Homes from:&nbsp;$415,000

Location: 1 North Shore Drive, Craigieburn VIC 3064

Number of residences: 41&nbsp;residences

<a href="/new-townhouses/highlands-1-north-shore-drive-craigieburn"><img alt="" data-entity-type="" data-entity-uuid="" height="1405" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/eastside-at-highlands-1-north-shore-drive-craigieburn-9d8bc8fb6e1dc03113d01a20f64732b7.png" width="2500" /></a>

Eastside at Highlands offers discerning buyers a great opportunity to secure a stunning 2 or 3 bedroom turn-key home in a thriving location.&nbsp;

All kitchens boast high-quality stainless steel appliances and sleek composite stone benchtops, with seamlessly integrated cabinetry.&nbsp;

The generous living areas are complete with timber-look laminate floors and extend to sunny landscaped courtyards with a great open plan flow, giving you plenty of space to entertain. The rest of the house features a neutral carpet, while the bathrooms include high-quality tiles.&nbsp;Wall hung vanities are fit with plenty of storage and modern showers, while three-bedroom floorplans also feature a built-in bath.&nbsp;

The bedrooms have been designed to maximise natural light, with large operable windows and high ceilings. Master suites also include expansive wardrobe storage and adjoining ensuite bathrooms.&nbsp;

The development is situated just a stone's throw from Highlands retirement village, Aitken Creek Primary School, Hume Global Learning Centre, with Craigieburn Central Shopping Centre, Splash Aqua Park and Leisure Centre and the award-winning Treehouse park within walking distance. Enjoy a relaxed lifestyle, just 32 kilometres from Melbourne CBD.&nbsp;

[smartcode_project:default project_id=92985]

Eastside at Highlands homes are selling now, so if you'd like to secure your dream home in <a href="/new-townhouses/craigieburn-vic-3064">Craigieburn's</a> award-winning* established community, then <a href="/new-townhouses/highlands-1-north-shore-drive-craigieburn">enquire today</a> via Urban.

Olivia Round

Display Tour: Eastside at Highlands by Stockland in Craigieburn, VIC

Melbourne's popular&nbsp;neighbourhood of <a href="/new-apartments/mckinnon-vic-3204">McKinnon</a>&nbsp;will soon be home to Dealcorp's latest development, <a href="/new-apartments/mckn-236-jasper-road-mckinnon" target="_blank">MCKN</a>&nbsp;which is on schedule for completion in Q3 of 2021.&nbsp;This particular development is a highly coveted one for three reasons:

<ol>
	<li>It's only a 5-minute drive to Bayside beaches and&nbsp;a 2 min walk&nbsp;to McKinnon High School</li>
	<li>It's surrounded by 14 hectares of open parklands</li>
	<li>The development boasts the most incredible architectural design by Rit&amp;Ghougassian.&nbsp;</li>
</ol>

Take a look at our display suite tour:

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="415" src="https://www.youtube.com/embed/bieoSWuZtPk" title="YouTube video player" width="660"></iframe>

<h2>MCKN AT A GLANCE</h2>

Developer:&nbsp;<a href="/developers/dealcorp" target="_blank">DealCorp</a>

Architect:&nbsp;<a href="/architects/ritz-ghougassian" target="_blank">Ritz&amp;Ghougassian</a>

Homes from:&nbsp;$755,000

Location: 236 Jasper Road, McKinnon VIC 3204

Number of residences: 41&nbsp;residences

[smartcode_project:default project_id=4939 project_image_fid=152578]

Once complete, the boutique development will stand five levels tall and include 41 spacious, light-filled apartments and sophisticated penthouses situated within prime access to world-class amenities. Developer DealCorp have over 30 years of experience delivering high-quality homes across Melbourne's urban landscape.

A ground floor cafe means residents can enjoy a morning coffee on the way to work, with a home sanctuary to return to each day.

[smartcode_project:default project_id=4939 project_image_fid=152662]

The kitchens feature stone benchtops, 2pac joinery, platinum-toned fixtures and Smeg appliances, with spacious open plan living areas extending to outdoor balconies &amp; terraces.

MCKN bathrooms feature the most exquisite large format stone tiles, with a minimalist walk-in shower, floating vanity and concealed cistern. Each bathroom exudes modern luxury.&nbsp;

Residents will enjoy the generous amount of storage and practical floorplan, which offers flexibility to suit all lifestyles.

MCKN&nbsp;is in&nbsp;zone for McKinnon Secondary College, which is only a five-minute walk away, and just 500 metres from the nearest train station, meaning you can access Chadstone and Southland Shopping Centres in minutes. &nbsp;

[smartcode_project:default project_id=4939]

MCKN has now commenced construction, with leading local builder Hamilton Marino facilitating the build. To call MCKN&nbsp;home by the time it's complete in Q3 2021, <a href="/new-apartments/mckn-236-jasper-road-mckinnon" target="_blank">request a call from the sales consultant</a> today via Urban.

[smartcode_project_cta: project_id=4939]

Display Tour Video: MCKN by DealCorp in McKinnon, VIC

A newly constructed Bentleigh townhouse topped Melbourne's weekend apartment auction results when selling at $2,253,000.

The four bedroom townhouse (pictured) had come with a $1,690,000 - $1,850,000 price guide.

Jellis Craig marketed the offering as also having two studies and 3.5 bathrooms, with double garaging.

It featured solid Tasmanian Oak floors, high ceilings and marble-look tiles.

The 780 sqm Buckingham Avenue site had been secured in 2018 at a $1.8 million cost with Cordell Connecting advising late 2019 Glen Eira council approvals for the duplex costing $760,000.

A Richmond townhouse was the next priciest sale, snapped up before its scheduled weekend auction at $2 million.

The 2/76 Regent Street offering had been listed with $1,450,000 to $1,550,000 price guidance.

RT Edgar marketed it as having three bedrooms, two bathrooms and a powder room, spread over two levels with lift .

There was with secure rear remote garaging for two vehicles via Little Hoddle Street in the complex designed by Mark Richards Architects.

In Melbourne, 1,035 auctions were held across the city returning a preliminary auction clearance rate of 77 percent, according to CoreLogic.

Apartment and townhouses secured just a 62 percent success rate.

Sydney recorded a preliminary auction clearance rate of 82 percent as post Easter volumes rose, with apartments and townhouses securing a 78 percent clearance rate.&nbsp;

There were 814 auctions held across Sydney, up on the Easter week’s 404 auctions.

The dearest advised apartment sale across Sydney was $2.45 million in Manly, with ocean views. The Bonner Avenue two bedroom apartment last sold at $360,000 in 1991.

There was also a Darling Point apartment on the market for the first time in more than 60 years that sold for $1.7 million which saw the proceeds directed to support nurses in Sydney’s eastern suburbs.

Adelaide, Brisbane and Canberra all recorded preliminary auction clearance rates above 80 percent, with Canberra at 90 percent.

Canberra saw 70 percent of its apartment find buyers.

<h2>Popular Melbourne &amp; Sydney projects:</h2>

[smartcode_project:default project_id=600]

[smartcode_project:default project_id=7758]

[smartcode_project:default project_id=89720]

[smartcode_project:default project_id=24323]

The 26A Buckingham Avenue Bentleigh townhouse sold for $2.253 million

New townhouses top weekend apartment auction results

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A Yarraville block of apartments was sold in one line at weekend auction for $2.72 million.

The six two-bedroom units had been advertised as having a conservative rental return of about $90,000 a year.

The apartments were typically between 60 sqm and 70 sqm.

The price guide was $2.25 million to $2.4 million.

There were four bidding groups seeking the two storey brick block on 836 sqm at 30 Stephen Street on the corner of Berry St.

Its reserve came as $2.55 million at its Greg Hocking auction.

It was reportedly listed by a family of real estate agents and sold to another real estate family.

<h2>Local Yarraville Projects:</h2>

[smartcode_project:default project_id=24477]

[smartcode_project:default project_id=3566]
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The Yarraville block of six sold for $2.72 million

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

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