<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

Residents of Golden Age Group&#39;s Sky Garden apartment development in Glen Waverley will have access to a resident-only rewards program.&nbsp;

The concept was introduced upon settlement in a bid to support retailers following the extended lockdown Melbourne.

The customised app gives residents a reward program for retail outlets in The Glen shopping plaza, located beneath the recently completed development designed by Rothelowman where 536 apartments sit across three towers.

[smartcode_project:default project_id=2881]

The offers range between&nbsp;discounts at homeware&nbsp;stores to bulk-billed in-home clinic vists from the local medical clinic.

The Glen underwent a $430 million redevelopment&nbsp;in 2019 and now homes a mix of 240 shops and eateries.

<a href="https://www.google.com/search?q=sky+garden+urban&amp;oq=sky+garden+urban&amp;aqs=chrome.0.69i59j69i60l3.7044j0j9&amp;sourceid=chrome&amp;ie=UTF-8"><img alt="" height="899" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/sky_garden_glen_waverley.jpg" width="1600" /></a>

There are only around 75 apartments left in the 536 apartment tower, with prices starting from $498,000 for one bedroom apartments and $668,000&nbsp;for two bedroom apartments. Three bedroom apartments are priced from $1,118,000.

There&#39;s a 4,000 sqm private garden located above the plaza which features fitness and play areas, a bar, lounge and a dining space.

Residents will also have communal gaming rooms, private cinema and media rooms, a fully equipped gym, heated lap pool and a sauna and steam room.

Residents of Golden Age Group's Sky Garden apartment development in Glen Waverley will have access to a resident-only rewards program 



Glen Waverley's Sky Garden offering residents unique reward program

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Until the end of March buyers can save up to $63,000 buying an apartment in the Clayton South apartment development Aster, the final release in the sought-after Jackson Green community.

The Cedar Woods Developer Boost, which matches the Victorian government's $15,000 HomeBuilder Grant, can see first home buyers save up to $63,000 when combined with the First Home Owner Grant and stamp duty savings.

The entry level apartments are priced at $396,800 for a limited time, and two bedroom apartments from $524,000 for eligible buyers. Three bedroom apartments start at $725,000.

Aster, set across three buildings in the heart of Clayton South, has been designed by DKO and comprises 63 one, two and three bedroom apartments just 20 kilometres from the Melbourne CBD.

[smartcode_project:default project_id=4124]

Each apartment will feature generous open plan living spaces and quality fixtures and finishes throughout.

Aster Apartments, fronting Haughton Road, will be part of the wider Jackson Green community which already has a number of successful apartment developments.

It sits near at the end of a spaced-out row of the completed Wattle Apartments and Gardenia Apartments. At the other end of the row is the sold-out Huntington Apartments.

Aster sits directly opposite Jackson Green’s central park, allowing unparalleled access. Just across the road is a recreational hub with a dog park, basketball courts, the Djerring trail and other outdoor facilities for all to enjoy.

 
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The Cedar Woods Developer Boost, which matches the Victorian government's $15,000 HomeBuilder Grant, can see first home buyers save up to $63,000 



First home buyers save up to $63k in Clayton South's Aster Apartments as Cedar Woods match HomeBuilder Grant

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The Geelong housing market has been one of the strongest regional markets across the country over the last few years.

House values rose 5.3 per cent in the year to January 2021, according to CoreLogic, with the median houses price rising to $625,349.

[smartcode_project:default project_id=5559]

Geelong has also been the most profitable of the major regional coastal markets, with 98.6% of properties selling at a profit over the September quarter.

And first home buyers have been given the opportunity at the Gen Fyansford housing estate in Fyansford, on the fringe of Newtown on the western edge of Geelong.

Recognised by the UDIA as one of Australia's most impressive urban renewal projects, Gen Fyansford is a joint venture between the Melbourne-based developer ICD Property and Supalai Public Company, one of Thailand's largest property developers.

<img alt="" height="1127" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/gen_fyansford_2.jpg" width="1800">

The pair have launched their cheapest land offerings for a number of years, which ICD expect will drive first home buyers and young couples.

The 20 lots in Stage 3.2, located directly opposite Gen Fyansford's community park, are sized between 400 sqm to 520 sqm and are priced between $360,000 to $429,000. The regular price of lots have been between $600,000 to $900,000.

11 of the 20 lots have already sold.

Gen Fyansford was established in 2014 and is currently home to 400 residents, which is set to increase to 950 by the end of 2021. There will be a total of 1,300 lots, with over 600 lots sold to date.

In mid February all 11 lots in Gen Fyansford's stage two sold within a week. Buyers paid up to $619,000.
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First home buyer opportunity at Geelong housing estate Gen Fyansford

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Stockland’s new townhome development, Haven, combines sustainable features with open spaces in Melbourne’s Altona North.

Situated in the city’s inner-west, the project boasts a collection of two, three and four-bedroom townhomes designed by the award-winning SJB Architects.

Each residence features expansive, open-plan interiors, a contemporary material palette and outdoor entertainment areas, including private back yards and shared green space.

[smartcode_project:default project_id=29947]

Built around a serene central park, the development continues Stockland’s strong history of producing sustainable developments.

Part of a network of pocket parks, the park and accompanying playgrounds provide space for residents and the broader community to get together, work out and enjoy time with their family and friends.

<a href="/buildings/haven-altona-north-278-288-blackshaws-road-altona-north-vic-3025"><img alt="" height="3332" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/haven-278-288-blackshaws-road-altona-north-6c77fa5c4631057caf61b4ebecff7583_0.jpg" width="5000"></a>

The development has been popular amongst first home buyers, who wish to take advantage of quality living spaces and city convenience.

Evolving from its rich, industrial heritage, Altona North has blossomed into a very attractive location for families.

The vibrant suburb is located just 11 kilometres from the Melbourne CBD and enjoys the numerous amenities of the Inner-West.

<a href="/buildings/haven-altona-north-278-288-blackshaws-road-altona-north-vic-3025"><img alt="" height="2500" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/haven-278-288-blackshaws-road-altona-north-016e13279ed304dbd19d493aa28e1291.jpg" width="5000"></a>

Residents can enjoy an active lifestyle at the nearby public pool, the badminton centre, the indoor climbing gym or the golf course nearby, while cycle paths, walkways and parks connect the community to neighbouring suburbs.

Two-bedroom townhomes within the development begin from just $605,000, while four-bedroom townhomes sell from $815,000.
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The development has been popular amongst first home buyers, who wish to take advantage of quality living spaces and city convenience

max.kwok_55688

Why Stockland's Altona North townhome development Haven is so popular among first home buyers

A coastal community with an urban flair, Port Lane is a collection of expertly designed three-bedroom townhomes in Port Melbourne.

The project draws on its beachside locations to deliver serene and sophisticated residences and a real sense of community.

At an entry price of just $1,025,000 for a three-bedroom, two-bathroom home, Port Lane offers residents incredible value at a reasonable price.

Urban takes a look at everything buyers should know about the new development in Melbourne.

1. High-quality developers

[smartcode_project:default project_id=89720]

Listed amongst Urban&rsquo;s list of 10 developers to watch in Victoria this year, ID_Land delivers high-quality communities of varied scale and complexity, and Port Lane is no exception.

Founded in 2009, the group competes against the industry&rsquo;s leading players and boasts a diverse development pipeline in excess of $2 billion.

2. Community feel

First home buyers who are looking for quick access to green space and a real sense of community should feel confident in the amenities at Port Lane.

&ldquo;At Port Lane, coming home feels like landing in a safe haven,&rdquo; the project marketing reads, with an entrance pergola marking residents&rsquo; arrival.

Offering manicured pocket parks, residents can bask in the sunshine, explore the gardens or invite friends to a barbeque.

3. Carefully designed apartments

<a href="/new-townhouses/port-lane-201-williamstown-road-port-melbourne" target="_blank"><img alt="" height="750" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/port-lane-201-williamstown-road-port-melbourne-6ac8a68629b7ad8a4d20ef938d7e05a3.jpg" width="1000" /></a>

&ldquo;Creating spaces that evoke an atmospheric interior experience, Port Lane celebrates light, softness, subtlety and shifting forms&rdquo;, said the interior designer, Paul Hecker of Hecker Guthrie.

The home&rsquo;s considered design features an abundance of light and space to allow for private moments, outdoor entertaining areas and&nbsp;fluted glass to mimic the reflective water of the Bay.

4. Exteriors designed by award-winning architects

Designed by Rothelowman, the exteriors of each three-bedroom residence complement the coastal surrounds.

The material palette of crisp white juxtaposed against warm timber tones and green accents create a sense of modernity and nod to the site&rsquo;s heritage.

Secure car parking, flexible floorplans and manicured gardens are among the project&rsquo;s many offerings. &nbsp;

5. Curated landscaping

<a href="/new-townhouses/port-lane-201-williamstown-road-port-melbourne" target="_blank"><img alt="" height="750" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/port-lane-201-williamstown-road-port-melbourne-21d7d26cbebc8c3e5e3ce9e9d84836e6.jpg" width="1000" /></a>

Selected by landscape architects, Tract, the development features a mix of native plants suited to the coastal environment.

Designed to soften the modern architecture, Tract&rsquo;s landscaping sits in harmony with the Port Melbourne community and contrasts the built form of the homes.

6. Ideal beachside location

Located just moments from the glistening waters of Port Phillip Bay, Port Lane is just a five-minute walk to Port Melbourne Beach. Port Lane&rsquo;s absolute connectivity places Melbourne at your fingertips with the CBD just a 20-minute tram trip away.

In all directions, residents are spoilt for choice with the numerous lifestyle amenities of the surrounding suburbs.

Live the active life with morning runs at Albert Park Lake, long afternoon walks at the Royal Botanic Gardens, or weekend bike rides around the coast and parklands.

The project draws on its beachside locations to deliver serene and sophisticated residences and a real sense of community

Everything you need to know about the brand-new Port Melbourne development, Port Lane

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The brand-new Awaken development, situated nearby Brighton Beach, is one of North Brighton’s most exciting boutique developments this year.

The residential release of Skelton's development will deliver 13 two and three-bedroom residences with extensive outdoor living.

“Driven by craftsmanship and artistry, the interior design and architecture work together seamlessly to achieve a design based on the play of materials,” Skelton managing director Michael Skelton said.

[smartcode_project:default project_id=30087]

Designed by celebrated Melbourne architect, Travis Walton, the apartments deliver a new standard of luxurious bayside living.

The refined architectural composition, comprising locally-sourced European-style brickwork and contrasting electro-bronze metal detailing, draws focus to beautiful outdoors.

Situated in a uniquely secluded, tree-lined, laneway-style street in Brighton, the project features an equally tranquil garden setting, landscaped by Acre Studio.

<a href="/buildings/awaken-brighton-30-32-rooding-street-brighton"><img alt="" height="1356" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/awaken-30-32-rooding-street-brighton-6478fd100724e6f75225c7203ad57d01.jpg" width="2000"></a>

“Awaken gives equal consideration to indoor and outdoor living, uniting each residence with its garden aspect”, said Acre’s creative director, Brett Robinson.

The development combines natives, evergreen and flowering plants to offer deliver visual impact and create seasonal change.

Awaken’s frameless fireplaces are proving to be a big hit with buyers, according to the developer.

<a href="/buildings/awaken-brighton-30-32-rooding-street-brighton"><img alt="" height="1381" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/awaken-30-32-rooding-street-brighton-21787f007cfb5d9bf3015a4ea7774d26.jpg" width="2000"></a>

Other offerings within the development include natural oak timber flooring, full wall storage and a flangeless bath.

Two-bedroom apartments within the development are priced from $1,150,000, while three-bedroom residences begin at $1,295,000.

The build will be undertaken by renowned firm, Brompton Construction, who are known for their attention to detail and impeccable craftsmanship.
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Designed by celebrated Melbourne architect, Travis Walton, the apartments deliver a new standard of luxurious bayside living

Awaken to luxury living: Discover the new Brighton development by Skelton

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It's house-size apartment living for residents at Melbourne's newest luxury development K1 Residences.

The boutique development delivered by the rapidly growing Optimus Developments is made up of 13 whole floor, four bedroom apartments with gun-barrel views across Albert Park.

Completion has been slated for April.

Urban has taken a look at its favourite seven features of K1 Residences. 

[smartcode_project:default project_id=2772]

1. The Developer

Optimus Development Group was established in 2014 and have quickly expanded their reach across three capital cities, Melbourne, Sydney and Canberra.

Optimus, headed by Alex Windsor, were behind Melbourne's 200 metre EQ Tower, as well as the boutique Preston apartment development Nine High Residences.

They've also completed projects elsewhere across the country, with the luxury Gold Coast development 31 Broadbeach.

[smartcode_project:default project_id=2772]

2. The Design

With architecture by award winning DE atelier Architect, design details include include spacious garden balconies, floor-to-ceiling windows doors and oversized bathrooms.

The landscaped facade, designed in collaboration with Aspect Studios, gives the building a unique look and feel.

3. The Amenities

Residents at K1 will have access to a luxury swimming pool, complete with waterfalls and views back to the city. The area is accompanied by outdoor seating.

K1 has also been specifically designed with living and co-working office spaces in mind providing a healthy and flexible working from home lifestyle.

<a href="/buildings/k1-residences-melbourne-1-union-street-melbourne"><img alt="" height="904" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/k1_pool.jpg" width="1600"></a>

4. The Aspect

Designed by the landscape architects, Aspect Studios, K1’s gardens are a defining element of the building.

Balconies and gardens flourish with lush planting and trees, whilst creepers climb the external walls plus evocative branch-like sculptures from Kavellaris Urban Design.

Just across from Albert Park K1 layers foliage upon foliage, a vertical neighbourhood enveloped by lush greenery and panoramic city skyline views. 

<a href="/buildings/k1-residences-melbourne-1-union-street-melbourne"><img alt="" height="902" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/k1_view.jpg" width="1600"></a>

5. The Finishes

Interior design is from Bergman and Co, masters of high-end design and finishes, who have crafted exquisite interiors with strong attention to detail.

The selection of materials and fixtures from highly regarded Rogerseller showcases a premium offering. 

The kitchens, created by Poliform, and the quality of the cabinetry all add value to the home plus V-ZUG appliances are paired with natural stone bench tops.

<a href="/buildings/k1-residences-melbourne-1-union-street-melbourne"><img alt="" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/k1_bathroom.jpg"></a>

Extra large bathrooms offer a sense of space, supremely fitted out with copper-toned tapware and shower head in the large frameless shower,

Amenities including a sky garden to embody Melbourne’s best-loved suburbs and an infinity-edge pool for the penthouse apartment.

6. The Location

K1’s Union Street address places it in Melbourne’s ‘green lungs’ 3004 postcode.

It sits just one road back from the busy Queens Road at the south end of Albert Park. 

To the west of the development is the cool Prahran and Windsor area, with the resurgent St Kilda area to the south.

7. The Space

The 175 sqm apartments come in a variety of four bedroom configurations which is attractive for the downsizer market who are taking advantage of the soaring housing market by cashing in.

There are a number of curved balconies in each apartment which make for a striking facade.

<a href="/buildings/k1-residences-melbourne-1-union-street-melbourne"><img alt="" height="977" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/k1_residences.jpg" width="1200"></a>
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Set for completion in April there's so much to love about K1, check it out before all the residences get snatched up

Seven things you'll love about living at Melbourne's luxury K1 Residences

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The Melbourne developer Forte Group are expecting first home and entry level buyers at their latest Thomastown development Nexus Apartments.

The $36 million project at 240 High Street Thomastown, north of Melbourne, will comprise 74 apartments across its two boutique five-level buildings in the heart of the town. They will be the town's biggest residential development.

Forte Group director William Tan says the development will be more geared towards first home buyers and entry level buyers that are priced out of suburban homes.

"This will be one of the finest buildings in Thomastown and with close proximity to the train station, shops and local schools, this building will set the benchmark for apartment living in this area," Mr Tan said.

<a href="/new-apartments/nexus-apartments-thomastown-240-high-street-thomastown"><img alt="" height="776" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/forte_thomastown_bedroom.jpg" width="1200"></a>

Prices start from $349,000 for one bedroom apartments, $449,000 for two beds and $539,000 for three bedroom apartments.

The collaboration between Melbourne architecture firm Hachem and Cornetta Partners saw the duo consider the location of Nexus in its design, with the Thomastown's 1880's train station located across the road.

The two five level buildings curve past each other, replicating a train bending around a track. The large carriage-shaped windows feature in the living spaces, while the ground level facade, where there will be six retail spaces, references two trains sliding past each other.

Construction is expected to begin in June with completion slated for the end of 2022.

<h2>VIC properties now selling:</h2>

[smartcode_project:default project_id=7633]

[smartcode_project:default project_id=3494]

[smartcode_project:default project_id=89720]
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The $36 million project at 240 High Street Thomastown, north of Melbourne, will comprise 74 apartments across its two boutique five-level buildings in the heart of the town.


Why Forte Group's Thomastown apartment development Nexus will be a hit for first home and entry level buyers

<html><body>Non-bank funders are looking to lend to apartment developers whose project starts were stalled across Melbourne during the pandemic.

"We are seeing the savvy developers doing what they can now to get their projects moving," Wingate managing director (property) Mark Harrison told Nine Entertainment.

But Harrison confirmed "a real distinction" between investor and owner-occupied product.

"The owner-occupier market is quite strong and we are funding quite a bit through the middle and inner-ring suburbs, driven by downsizers and people making lifestyle choices."

The big banks are mostly absent from the market, given their policies on pre-sales.

Pallas Capital chief investment officer Dan Gallen noted the banks often still had a requirement for onerously high levels of pre-sales.

"The banks have not moved with the times," Mr Gallen said.

"Developers are left in purgatory," he added.

Pallas Capital has extended $700 million of apartments across the major capital cities over the last three years, mostly via first mortgages, targeting upmarket developments in suburbs Malvern and Brighton in Melbourne.

"The market is certainly there, especially in the owner-occupier space," Mr Gallen said.

"We have had $150 million of loans repaid in the last three months from developers able to sell product."

The article noted MaxCap Group founder Brae Sokolski indicating its client developers were taking a position on the demand picture in 2022 and 2023.

"If net migration returns, we feel there will be a chronic housing shortage that will work in favour of developers with completed projects."

Sokolski noted funding conditions were especially working in favour of inner-city boutique developments, led by owner-occupiers.

MaxCap is backing the $45 million One Wilson Avenue project in Brunswick, consisting of 41 apartments being developed by Neometro and Milieu.</body></html>

Pallas Capital has had $150 million of loans repaid in the last three months from developers able to sell apartments

jchancellor

Non-bank lenders triggering apartment project restarts across Melbourne

<html><body>Stockland has added to its residential pipeline with a western Melbourne site.

It has purchased the undeveloped portion of the Grand Central community at Tarneit in Melbourne.

The acquisition within the western growth corridor – 33 kilometres west of Melbourne’s CBD – cost around $50 million.

The 38 hectare site will see Stockland create 493 new homes within the existing community.

Stockland will commence development, marketing and sales following settlement.

“This acquisition enables us to extend our strong brand presence in Melbourne’s western growth area which accounts for more than one third of all Melbourne’s land sales and saw sales double in the 12 months to December 2020," Stockland’s general manager of residential for Victoria, Mike Davis said.

Stockland has over $2.7 billion invested in Victoria delivering some of the State’s most affordable communities, including Highlands in Craigieburn and Mount Atkinson and Grandview in Truganina.

“This acquisition enables us to extend our strong brand presence in Melbourne’s western growth area which accounts for more than one third of all Melbourne’s land sales and saw sales double in the 12 months to December 2020," he said.

There is a range of future amenity planned around the community as part of the Victorian Planning Authority’s Riverdale Precinct Structure Plan, including the Riverdale railway station, a major town centre and a regional indoor recreation facility.

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It has purchased the undeveloped portion of the Grand Central community at Tarneit

Latest Victoria Property News

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

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

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