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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Move-in date is approaching for buyers in Melbourne's latest Docklands apartment complex, The Docklands Residences.

The 88 apartments have been built above a 200 room Marriott Hotel, the first built in Australia for over two decades.

It allows apartment buyers access to onsite amenities rarely seen in regular apartment developments across the country.

They will be able to enjoy the use of 5-star hotel amenities including a spectacular infinity pool with views across Melbourne, its adjoining pool bar, a gym, sauna and spa, as well as Marriott’s hotel services such as room service, concierge and housekeeping.

Urban recently spoke to Jesse Lindardi, director at architecture firm DKO, and Mohan Du, founder and chief executive of Capital Alliance, about The Docklands Residences design and why the Docklands area was chosen for the development.

[smartcode_project:default project_id=3205]

JR: What was the brief DKO Architecture were given for the project? 
JL: The brief was to create a sleek and modern hotel that boldly illustrates the evolution of the 5-star Marriott brand while providing integrated residences where owners can experience all of the amenities a premium hotel can provide.

The result is a distinguished design housing 200 first-class hotel rooms as well as 110 contemporary residences across dual towers.

JR: Where was the inspiration from the design drawn from? Any building/experience in particular? JL: To find inspiration for the form of the building, we only had to look at the luxury yachts around Docklands. Our architecture is imbued with a similar elegant, curved design.

A translucent screen wraps around the building, providing winter gardens enclosed in glass, with the curved façade providing multiple and enviable aspects of the water, the city and the Bolte Bridge. Sleek, sculptural, sophisticated - the architecture of Marriott Docklands presents a new landmark of luxury inspired by the timeless style of the city at its door.

<a href="/buildings/the-docklands-residences-3-43-waterfront-way-docklands"><img alt="" height="804" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/docklands_residences_3_0.jpg" width="1200"></a>

JR: What was the most difficult part of the planning process? JL: The most difficult part of the planning process was ensuring the building didn’t negatively affect the street’s pedestrian experience.

The building’s form and orientation were carefully considered to minimize overshadowing to the nearby NewQuay Central Park, while wind studies determined a more curved form to enable wind to flow around the building, rather than deflecting down to the street.

JR: How important are the amenities to a project like this?  JL: Extremely. There’s an aspiration and expectation from a luxury brand like Marriott – and this is experienced as soon as you walk in the door. Melbourne-based artist, Alexander Knox, has created an impressive sensory public art installation within the lobby. The remarkable large-scale, multi-media piece draws reference from the site’s history and reflects the unique character of its location. 
Not only are there ground-floor restaurants, executive facilities and state-of-the-art function spaces, but sitting high at level 15 is a chic bar capitalizing on the building’s spectacular views. And you can’t forget the stunning rooftop infinity pool. The hotel will be a flagship in Australia and a true example of the Marriott brand’s sophisticated style and innovative functionality.

JR: Was the plan always to have an open rooftop infinity pool? 
JL: There was a desire to create something spectacular for the pool. From 15 storeys high, visitors and residents can take in the wonderful 180-degree views of CBD and Yarra River with the vanishing edge giving the impression you could paddle out among the skyscrapers. At night, tiny fibre optic lights at the base of the pool twinkle to spectacular effect – the perfect place to sip a poolside cocktail.

<a href="/buildings/the-docklands-residences-3-43-waterfront-way-docklands"><img alt="" height="899" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/docklands_residences_2.jpg" width="1200"></a>

JR: What was so appealing about the site and/or the Docklands area? MD: Docklands was always touted as the Waterfront City, often compared to areas nearby Darling Harbour. Needless to say, Docklands has had its difficulties and stigmas. However, it's evident Docklands has changed drastically over the last 5 years.

As a new business at the time, this was an opportunity for us to stand behind and create something that would positively contribute to this fantastic suburb. Therefore, the most appealing aspect of the site was that when no one wanted to invest in Docklands, we saw that as an appealing opportunity. We have taken this approach to all our projects.

JR: What are the benefits for buyers/residents in a mixed-use hotel development? MD: All residents living atop 5-star Melbourne Marriott Hotels Docklands will be able to get exclusive Membership access to a range of services and amenities provided by the hotel. This includes the use of the infinity pool, pool bar, gym, spa, and room service - all with strict adherence to conditions.

Having access to all these services and amenities right at your doorstep offers a unique convenient lifestyle, which we have seen become desirable in other metropolis cities like New York, London, Singapore, and Hong Kong.
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The 88 apartments have been built above a 200 room Marriott Hotel, the first built in Australia for over two decades

Why owner-occupiers love The Docklands Residences: Urban chats with architecture firm DKO and Capital Alliance founder Mohan Du

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Whether entertaining, dining or just admiring the view, stunning vistas are a great addition to residents’ quality of life.

Beautiful panorama's not only provide gorgeous eye candy but are also a significant value addition to many properties.

Here are eleven properties in Victoria with incredible urban vistas

1. 661 Chapel Street 
Address: 661 Chapel Street, South Yarra VIC 3141 
Two-bedroom apartments from $798,000

[smartcode_project:default project_id=600]

<a href="/buildings/661-chapel-street-661-chapel-street-south-yarra"><img alt="" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/661_chapel_street_vista.jpg"></a>

Gamuda Land's 661 Chapel Street is one of Melbourne’s latest luxury developments with 116 one, two, three and four-bedroom residences available across 30 floors.

Sales are well underway on the bird de la Coeur architects designed project, which was completed last year, with local and international buyers snapping up the apartments quickly.

Situated beside the Yarra River, 661 Chapel Street enjoys views of the river, Melbourne CBD and the Bay.

Among its extensive hotel-inspired resident amenities, it boasts a winter garden, 25-metre pool and members’ lounge; all of which you can enjoy a stunning view from.

2. Canvas 
Address: 272 Barkly Street, Brunswick VIC 3056 
Two-bedroom apartments from $680,000

[smartcode_project:default project_id=29358]

ID_Land’s latest Brunswick development, Canvas offers residents a premier home with breathtaking vista's.

Designing a building offering a collection of 62 one, two and three-bedroom apartments, Rothelowman Architects has placed people at the cornerstone of their design.

Located on the building’s rooftop sits a variety of communal spaces providing residential amenity and green spaces, with views of Melbourne’s city skyline and parks.

Canvas lies in the heart of Brunswick’s vibrant community with sweeping views over both the horizon as well as retail hotspots, diverse eateries and bustling bars that are just a short walk away.

3. Moreville 
Address: 12-18 Napier Street, Footscray VIC 3011 
Two-bedroom apartments from $595,000

[smartcode_project:default project_id=2060]

<a href="/buildings/moreville-12-18-napier-street-footscray" target="_blank"><img alt="" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/moreville_vista.jpg"></a>

Sering development's Moreville, is one of Urban’s latest Footscray development, with 43 apartments on offer in two and three-bedroom configurations, priced from $525,000 and $1,128,000 respectively.

Designed by Moull Murray Architects, the six-storey building offers numerous amenities, including an al fresco coffee shop, rooftop residents’ lounge and barbeque terrace with views to the Melbourne city skyline.

Set in a quiet tree-lined street just 500-metres from Footscray train station, Moreville offers both pleasing scenery and the height of convenience.

4. Seafarers 
Address: 731 Flinders Street, Docklands VIC 3008 
Two-bedroom apartments from $1,195,000

[smartcode_project:default project_id=27728]

<a href="/new-apartments/seafarers-docklands-731-flinders-street-docklands"><img alt="" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/seafarers_vista.jpg"></a>

Delivered by Riverlee, Seafarers offers a boutique collection of 123 sublimely crafted one, two and three-bedroom residences.

Designed by Fender Katsilidis and partnering with Australia’s first 1 Hotel, Seafarers offers both panaromic city vista and hotel style amenities.

Situated on 220-metres of uninterrupted riverfront, residents benefit from sweeping views from the Yarra to Port Phillip Bay at Docklands’ Seafarers.

It is set for completion in 2023.

5. Verre 
Address: 296 Plenty Road, Preston VIC 3072 
Three bedroom residences from $815,000

[smartcode_project:default project_id=7275]

Located in Melbourne’s Preston, Verre is the latest offering from Wolf&amp;Lamb.

The Chamberlain Architects designed residences are an entertainers’ delight. Large balconies connect the living room to the outdoors and a rooftop terrace offers a space to host friends or relax against the Melbourne city skyline.

Situated in the heart of Preston, Verre which holds sweeping cityscape views is set for completion in early 2022.

One bedroom apartments are available from as low as $385,000.

6. Melbourne Grand 
Address: 560 Lonsdale Street, Melbourne VIC 3000 
Two bedroom residences from $569,000

[smartcode_project:default project_id=3490]

<a href="/buildings/melbourne-grand-560-lonsdale-street-melbourne" target="_blank"><img alt="" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/melbourne_grand_vistas.jpg"></a>

Just completed &amp; ready to move in, Melbourne Grand offers stunning city views &amp; outstanding living experience rising 58 storeys above the CBD. Just a short walk to Queen Vic Market, Southern Cross Station &amp; Flagstaff Gardens.

Delivered by Central Equity, the Guildford Bell and Graham Fisher Architects designed project comprises 652 gorgeous residences. Each with access to resort style amenities and cityscape views.

The award winning development represents builder Multiplex’s 18th project for developer Central Equity.

7. Parkhill Apartments 
Address: 408 Spencer Street, West Melbourne VIC 3003 
Two bedroom residences from $619,000

[smartcode_project:default project_id=27406]

<a href="/buildings/parkhill-apartments-west-melbourne-408-spencer-street-west-melbourne"><img alt="" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/parkhill_vista.jpg" style="width: 621px; height: 398px;"></a>

A great example of an affordable brand-new apartment building with the added bonus of on-site amenities, is Central Equity's latest development, Parkhill Apartments.

Defined by its stylish apartment designs and compelling CBD fringe location, the project is selling now at a very competitive pricepoint compared to properties akin to Parkhill in the West Melbourne area.

Amenities include a rooftop gym and relaxing rooftop garden, complete with BBQs and outdoor seating, all of which display stunning vista's over the Melbourne skyline.

Plus for a limited time, owner-occupier buyers can save up to $73,000 thanks to the HomeBuilder Grant, stamp duty savings and developer incentives. All you have to do is check you meet the eligibility criteria.

8. K1 Residences 
Address: 1 Union Street, Melbourne VIC 3004 
Four bedroom residences from $2,590,000

[smartcode_project:default project_id=2772]

Setting a new benchmark for luxury residences in Victoria, K1 Residences offers buyers the chance to secure a bespoke, whole-floor residence with panoramic views.

The calm and picturesque neighbourhood sits minutes from Albert Park Lake, St Kilda and Prahran.

Delivered by Optimus Developments, the distinctive building boasts 13 four-bedroom apartments, offering warm sophistication and timeless beauty.

With moody tones, 360-degree views and French oak, K1’s home-sized residences sacrifice nothing. Designed by DE atelier Architects and Bergman &amp; Co., the homes include spacious garden balconies, floor-to-ceiling windows and doors and oversized bathrooms.

It is set for completion in the upcoming few months.

9. Melbourne Square 
Address: 93-119 Kavanagh Street, Southbank VIC 3006 
Two bedroom residences from $642,000

[smartcode_project:default project_id=2929]

<a href="/buildings/melbourne-square-93-119-kavanagh-street-southbank"><img alt="" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/melbourne_square_vista.jpg" style="width: 672px; height: 406px;"></a>

OSK Property have recently launched a brand new boutique collection of homes at Melbourne Square.

Featuring four distinct design themes, it has been architecturally designed by Cox Architecture, with interiors by designer Sue Carr, creating flawless spaces which make the most of the spectacular city views on offer.

Each bedroom boasts a stunning view of the city via floor-to-ceiling glazing, plus master suites offer a unique panoramic city vista.

Set for completion in mid 2021, amenities include a full-line Woolworths and other shops as well as resort-style facilities including pools, sauna, spa, gymnasium and a yoga room.

10. Voyager 
Address: 103 South Wharf Drive, Docklands VIC 3008 
Two bedroom apartments from $706,500

[smartcode_project:default project_id=3494]

Dominating the Docklands skyline Mirvac’s latest development is among Melbourne’s most chic high-rise residential towers.

The 43-storey building is thoughtfully designed and luxuriously appointed, boasting 315 contemporary apartments in one, two and three-bedroom configurations.

Voyager offers panoramic city and water views, sleek floor-to-ceiling windows and the precinct’s first-ever rooftop lifestyle space, with skydeck and bar.

It is the latest tower in Yarra’s Edge, Mirvac's Docklands master planned community with vast parklands, and over 1,000 square metres of fine dining and retail that line the serene harbour boardwalk.

11. R. Iconic  
Address: 253-273 Normanby Road, South Melbourne VIC 3205 
Two bedroom apartments from $722,500

[smartcode_project:default project_id=5234]

<a href="/buildings/r-iconic-south-melbourne-259-normanby-road-south-melbourne"><img alt="" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/r_iconic_vista.jpg" style="width: 771px; height: 403px;"></a>

This $850 million development from R.Corporation has been designed by Plus Architecture with the owner-occupier in mind.

Featuring amenities offered nowhere else, like an infinity running track and whiskey bar, all while holding protected water views which are guaranteed to remain thanks to its locality and planning footprint.

A prime park front location between the city and the water, R. Iconic sits adjacent to the highly sought after Albert Park, Middle Park and South Melbourne suburbs, and only 2 km from the Melbourne CBD.

Construction of R.Iconic is underway, with completion estimated for 2022.
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Beautiful panorama's not only provide gorgeous eye candy but are also a significant value addition to many properties

jordan_55689

Check out 11 apartments in Melbourne with incredible city views

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The Melbourne estate agency Gray Johnson are offering a Mill Park development site near South Morang. The 9,908 sqm holding is vacant.

Offers close on the 18 Development Boulevard offering on 24 March with a price expectation in the high $4 millions.

The property has been recently rezoned as Residential Growth Zone – Schedule One which affords permission to build to a height of four storeys or 13.5 metres.

Gray Johnson director Matt Hoath says that the property would suit an apartment project.

“This property has been in multi-generational family ownership long term and the local council rezoned it as they favoured a high density residential project, rather than a commercial project, on the site which is adjoined on one side by parkland” Mr Hoath advises.

It is close to the Rivergum Shopping Centre.

The area is also well served for public transport including the Metro Rail extension to the north.
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The property has been in multi-generational family ownership with the local council rezoning it for a high density residential project

jchancellor

Mill Park apartment development site listed

The multi-national property developer EcoWorld International has completed construction on its $250 million South Yarra development, Yarra One.

The 26 level tower, designed by Fender Katsalidis, homes&nbsp;247 one, two and three bedroom apartments. With settlement currently underway, the project&nbsp;is around 80 per cent sold. There were&nbsp;a mix of buyers, but downsizers and investors saw the greater attraction to the building.

There are also three penthouses, two of which have sold to downsizers.

[smartcode_project:default project_id=3127]

Yarra One marks EcoWorld International&#39;s second Australian project, having last year completed West Village​ in Sydney&#39;s Parramatta.

EcoWorld International Australia CEO Mr Yap Foo Leong&nbsp;said it&rsquo;s an exciting time for the company after what has been a challenging year.

&ldquo;Yarra One is a great success story for EcoWorld International,&quot; Mr Leong said.

<a href="/buildings/yarra-one-16-22-claremont-street-south-yarra"><img alt="" height="788" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/yarra_one_apartment_0.jpg" width="1200" /></a>

&quot;Being our maiden project in Melbourne, we are thrilled with the result particularly given several headwinds along the way; stamp duty changes and COVID-lockdown delays namely.&rdquo;

Builders Hickory constructed the Fender Katsalidis-designed tower which was designed with pure&nbsp;geometry, circular, elliptical and rectilinear patterns.

The Claremont Street atrium is one of the most striking elements of the building.&nbsp;

Fender Katsalidis considered the bustling, popular laneways that Melbourne is famous for in the design of the atrium which features a number of shopping outlets.

&ldquo;The timber look trellis enclosing the atrium is a signature feature that acts to create a sense of retreat and allows light to filter within the space throughout the day resulting in an ever-changing environment,&rdquo; Fender Katsalidis Director Nicky Drobis said.

<a href="/buildings/yarra-one-16-22-claremont-street-south-yarra"><img alt="" height="1827" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/yarra_one_exterior_2.jpg" width="1200" /></a>

EcoWorld have considered the sustainability even further than the four-star green building achieved. Residents will have access to a Victorian first, sustainable car-sharing model in a multi-residential setting with exclusive use of a brand new Tesla.

&ldquo;Yarra One already boasts a phenomenal walk score of 92, with the car-share adding another layer of sustainability and future-proofing,&quot; Mr Leong added.

Purchasers also had the option to include a charging point within their designated car space.

[smartcode_project_cta: project_id=3127]

Yarra One marks EcoWorld International's second Australian project, having last year completed West Village​ in Sydney's Parramatta.



EcoWorld International's Yarra One development completes construction

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The boutique development Foam Street in the Bayside Melbourne suburb of Elwood has secured sales of nearly half of its apartments at its recent launch.

Developer Goldfields has seen demand coming from an emerging market which have been dubbed "Baychangers."

Goldfields chief operating officer Lachlan Thompson said five of the project’s twelve boutique apartments had already been snapped by buyers up on the first few days of the sales campaign.

[smartcode_project:default project_id=31641]

“The Elwood brand is one of the strongest in Melbourne, especially for buyers looking to downsize to a smaller and more convenient home in a vibrant community that offers exciting lifestyle and entertainment options,” Thompson said.

“As a result, the supply of low-maintenance luxury apartments in Elwood’s established property market is far outweighed by demand, with many looking to alternatives, such as boutique new developments, like Foam Street, Elwood.

“These buyers are looking shorten and simplify the homebuying process and avoid the frustration associated with the existing property market.

<a href="/buildings/foam-street-1-3-foam-street-elwood"><img alt="" height="891" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/foam_street_elwood.jpg" width="1200"></a>

“They want to live ‘life after the family home’ somewhere with a little more ‘soul,’ somewhere more intimate and personal; the type of place where you know your neighbours by their first name.”

Jackson Clements Burrows designed the development of two and three bedroom apartments in conjunction with Studio Tate.

“FOAM STREET apartments are designed to be entirely of their place – reflecting and complementing the street’s vernacular – thus creating a discerning identity within their environment. Each dwelling offers expansive living areas, private outdoor spaces and enduring finishes," Tim Jackson, director at Jackson Clements Burrows said.

The project sits in landscaped surrounds designed by Eckersley Garden Architecture.

The Agency's Michael Paproth said, as well as demand from locals who want to remain in the area, there is a rapidly emerging market of buyers from outside the broader Bayside area.

“Baychangers tend to be semi-retired or retired professionals, typically from the inner-eastern suburbs, whose children have started their own families, and who are looking for a lifestyle change, but without the distance associated with a treechange or seachange," Paproth said.

“Despite being right next door to each other, the Bayside and inner east can be quite different in terms of community, culture and lifestyle."

 
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Developer Goldfields has seen demand coming from an emerging market which have been dubbed "Baychangers."



What is a Baychanger? Boutique Elwood development Foam Street see 'Baychanger' demand

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If you've been searching for a home in Melbourne's south-eastern suburbs, where you can be close to the beach and in the city in minutes, Hurstmon Malvern East could be the perfect option. 

The property has just hit the market, and given its coveted address, trusted developer (Landream) and famed architect (Telha Clarke) will likely be in high demand.

<a href="/buildings/hurstmon-3-hurstmon-street-malvern-east"><img alt="" height="1201" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/hurstmon-3-hurstmon-street-malvern-east-68311a81c412540e4d376af6a6237d63_0.jpg" width="1920"></a>

Hurstmon apartments are competitively priced, given the meticulous attention to detail, timeless design and exceptional access to amenities.

Located on Hurstmon Street, just off Malvern Road, residents can walk to the shops, bus stops, Darling Station and several established parks.

Each residence boasts contemporary architecture, with premium materials and a facade that complements the surrounding streetscape, which is rich in history.

<a href="/buildings/hurstmon-3-hurstmon-street-malvern-east"><img alt="" height="1920" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/hurstmon-3-hurstmon-street-malvern-east-db192ff7d2cd40668c04a159b2f3a71f.jpg" width="1632"></a>

Each room's proportions are generous, with an open plan living area, perfect for entertaining. Ground floor residences also provide a great landscaped courtyard, giving you additional space to enjoy alfresco dining. Given the high ceilings and ample glazing, all rooms are light-filled with plenty of airflow. You'll also find stunning walnut timber joinery throughout the home, a neutral tonal palette and a selection of timber flooring, large format tiles, and soft carpet.

Hurstmon homes are selling today – don't delay in <a href="/buildings/hurstmon-3-hurstmon-street-malvern-east">requesting a call</a> from the sales consultant and secure the home you've been dreaming of. 

[smartcode_project:default project_id=4807]
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Olivia Round

Highly anticipated Malvern East property hits the market: Celebrating Hurstmon's grand launch

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Connecting central Melbourne with the historic Yarra waterfront, the inner-city suburb Docklands is comprised of eight distinct precincts, covering 200-hectares.

With its vibrant cosmopolitan culture and world-class facilities, Docklands satisfies the appetite of a variety of homebuyer types.

Amongst Melbourne’s laneways, the bustling CBD and nearby retail and entertainment offerings, Docklands has it all.

Urban takes a look at three stylish brand-new developments in this exciting area. 
 

1. Melbourne Quarter, Docklands 
Address: 628 Flinders Street, Docklands VIC 3008 
One-bedroom apartments from $458,000

[smartcode_project:default project_id=3459]

Offering a collection of 719 one and two-bedroom apartments with an entry price of $458,000, Lendlease’s Melbourne Quarter is the ideal new residence for first home buyers.

Designed by Fender Katsalidis, the project boasts a luxe lobby, concierge and exclusive access to three whole floors of resort-style amenities at Club MQ, such as a multi-use space, pool, theatrette and library.

The homes include contemporary fittings, elegant interiors and panoramic city, river and bay views. 
 

2. Seafarers, Docklands 
Address: 731 Flinders Street, Docklands VIC 3008 
One-bedroom apartments from $825,000

[smartcode_project:default project_id=27728]

Partnering with Australia’s first 1 Hotel, Riverlee’s Seafarers offers a boutique collection of 123 sublimely crafted one, two and three-bedroom residences.

The development heralds a new era in luxury inner-city living in Melbourne’s Yarra River, with exclusive access to luxury hotel amenities, management and services.

Designed by award-winning CARR, each residence is curated to maximise external views, space and natural light, with interiors including reflective surfaces, natural and concealed doors. 
 

3. Voyager, Docklands 
Address: 103 South Wharf Drive, Docklands ViC 3008 
One-bedroom apartments from $601,500

[smartcode_project:default project_id=3494]

Dominating the Docklands skyline with a similar romantic energy to a Manhattan hotel, Mirvac’s latest development is among Melbourne’s most chic high-rise residential towers.

The 43-storey building is thoughtfully designed and luxuriously appointed, boasting 315 contemporary apartments in one, two and three-bedroom configurations.

Voyager offers panoramic city and water views, sleek floor-to-ceiling windows and the precinct’s first-ever rooftop lifestyle space, with skydeck and bar.
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With its vibrant cosmopolitan culture and world-class facilities, Docklands satisfies the appetite of a variety of homebuyer types

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3 stylish brand-new homes in Melbourne's Docklands

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The luxury property developer Beulah has began construction on one of its newest apartment developments, Provenance Camberwell.

There will be just 12 apartments in total, including two penthouses, in the boutique block at 890 Toorak Road which has been designed by Elenberg Fraser.

Prices start from $1.25 million for the two bedroom apartments, with the four bedroom penthouses priced at $3.995 million.

Beulah have appointed the family-ran and owned lurada Property Group to handle the construction. The 2019 Master Builders Award winners for Excellenece in Lowrise Apartment Buildings fought off stiff competition for the build.

[smartcode_project:default project_id=9099]

Construction on Provenance Camberwell is slated for completion in mid-2022.

So far the building has proven popular with local owner-occupiers, Beulah managing director Jiaheng Chan said.

”To date, Provenance has been popular with local owner-occupiers looking to capitalise on the project’s location in the heart of vibrant Camberwell as well as its private retreat offering; surrounded by verdant gardens and spacious outdoor terraces, balconies and gardens," Mr Chan said.

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"Revolutionising apartment living, Provenance Camberwell displays superior design thinking, enhancing the privacy and security of single-dwelling homes within the multi-residential realm with a direct lift for a number of the dwellings.

"The lifts seamlessly transport residents to their home, delivering them directly to their very own private micro-lobby, a stunning transitional space into the home. 

The kitchens, in the open plan kitchen, living and dining areas, are a stand out, featuring a sculptural island bench and Gaggenau appliances.

<a href="/buildings/890-toorak-road-camberwell"><img alt="" height="435" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/beulah_3.jpg" width="1200"></a>

Mr Chan said being able to commence construction was a testimony to the company’s resilience throughout the past year.

“Commencing construction demonstrates our commitment to future residents that we are in a strong position to deliver on our promises and we look forward to working with Iurada as Provenance starts to take shape over the following year." 
Provenance Camberwell is situated amongst some of the neighbourhood’s best schools, including Camberwell Grammar School and CamberwellGirls Grammar School, an abundance of amenities, dining precincts, fashion boutiques, and is close to bustling Burke Road, Tooronga Village and maintains easy access to the Monash Freeway.

Provenance Camberwell marks Beulah’s seventh project to have commenced construction within recent years.

 
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There will be just 12 apartments in total, including two penthouses, in the boutique block at 890 Toorak Road which has been designed by Elenberg Fraser.

Beulah commence construction on $30 million Provenance Camberwell apartment project

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The boutique collection of luxury apartments towards the top end of ICD Property’s Aspire Melbourne in the CBD, have been listed for sale.

Dubbed Aspire Residences, the collection of quarter floor, half floor, full floor, sub-penthouse and penthouse residences crown the 65 level tower to be built at 229 King Street.

Elenberg Fraser have designed the tower.

[smartcode_project:default project_id=2575]

Prices start from $2.15 million for the smaller apartments to $12.8 million for the penthouse.

Complete with interiors by interior designer David Hicks, the apartments will feature Gaggenau, Miele and Sub-Zero appliances in the kitchens and the best views the tower on the foot of Flagstaff Gardens has to offer.

<img alt="" height="764" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/aspire_ensuite_0.jpg" width="1200">

There will be an indoor swimming pool for residents, a private outdoor day spa, a gym, whiskey parlour, games room, champagne conservatory and  a ball room.

ICD Property are developing the 211 metre tower in a joint venture with one of its financier’s MaxCap. It will home a total of 565 apartments

The local builder Hickory are constructing the tower which is expected to be completed in January 2023.

 
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Dubbed Aspire Residences, the collection of quarter floor, half floor, full floor, sub-penthouse and penthouse residences crown the 65 level tower to be built at 229 King Street.

ICD Property launch Aspire Residences atop Melbourne apartment tower

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Apartments values in Melbourne jumped 1.2 per cent over February, according to CoreLogic's monthly Hedonic Home Value Index.

It was Melbourne's largest gain since late 2019.

The Victoria capital was one of the country's strongest performers, joint second with Sydney and Perth (both +1.2 per cent) and only behind Hobart whose unit values soared 2.3 per cent.

[smartcode_project:default project_id=27728]

The jump in values in Melbourne follows 0.1 per cent gains in January and 0.6 per cent over December. That puts values 1.9 per cent up on the quarter, only second to Perth and Hobart (both up 3.2 per cent).

Melbourne's median apartment value now sits at $582,833, according to CoreLogic, up from last month's $577,206.

CoreLogic's head of research Tim Lawless says there are tentative signs the trend of the housing market performing considerably stronger than the unit market could become less obvious.

[smartcode_project:default project_id=2929]

Lawless also noted that the weak rental conditions across Sydney and Melbourne unit markets looks to be turning.

"Melbourne unit rents edged higher in February after falling for nine of the previous 10 months", Lawless said.

"The improvement in unit rents across Australia's two largest cities is likely to be at least partially seasonal as demand from domestic students generally rises early in the year, but could also be attributable to more people returning to work in the inner cities as well as workers in some of the hardest hit industries such as hospitality, food and accomodation service returning to employment."

[smartcode_project:default project_id=4807]

 

 
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