<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>

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?

<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

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Victorian home builder Sherridon Homes is set to create a customer hub in Bendigo having bought a historic building in the heart of the town.

The hub, which will support growing demand for their homes, will service the wider area, including the Greater Bendigo and Shepparton regions.

Sherridon, who also have offices in Ballarat, Gippsland and central Melbourne, are preparing plans to submit to the local council to refurbish the commercial building at 2-4 Pall Mall.

They're seeking to remove to upper level hoarding to reveal and restore the original façade and windows, as well as turn the untenanted element of the 545 sqm space in to a colour selection showroom and office.

The building has a long history of commerce and trade dating back to the 19th century, and is currently partially tenanted, with a vacant portion most recently home to Dymocks book store.

Sherridon Homes, part of AHB Group, is on track to build around 1,500 homes this year across regional Victoria and Melbourne.

Its regional operations are headed up by seasoned industry professional Natalie King, the former managing director of JG King Homes.

“We are committed to being a regional builder creating jobs and opportunities for local businesses to support the growth of the region”, says Ms King. “Underpinning our success will be the strength and support of a large building group embracing the passion and knowledge of a local team.”
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Victorian home builder Sherridon Homes is set to create a customer hub in Bendigo having bought a historic building in the heart of the town.

Sherridon Homes to service Bendigo and Shepparton regions with new customer hub

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Urban’s three favourite things about Normanby, Southbank:

<ul>
<li>The integration of community with residential and hotel services linked.</li>
	<li>The sculptural jewel design of the tower.</li>
	<li>Spacious one, two- and three-bedroom residences with stunning city and bay views.</li>
</ul>
<a href="/buildings/normanby-199-201-normanby-road-southbank"><img alt="" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/normanby-199-201-normanby-road-southbank-af17d2db1877c66f4bfc0dcb7a5827bf.jpg" style="width: 587px; height: 420px;"></a> 
Nestled in Australia’s largest urban renewal precinct, with the CBD, Southbank and Fishermans Bend on its doorstep, Normanby offers the very best of Melbourne living. 
Normanby is more than just a home, it is a unique lifestyle offering where you will be living atop Australia’s first AC Hotels by Marriott. Residents of these private high-end apartments will be able to join the exclusive hotel membership and access services and amenities provided by the hotel, including, the infinity pool, gymnasium, concierge services, room service, housekeeping and much more. <a href="/buildings/normanby-199-201-normanby-road-southbank"><img alt="" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/normanby-199-201-normanby-road-southbank-4e3aefa1e5da74d50a9cb966e13cf8ba_0.jpg" style="width: 618px; height: 420px;"></a> 
These oversized one, two- and three-bedroom apartments are well suited for the current market needs, and offer quality living with lots of space that allows you to work from home. Each apartment also comes with its own storage room located on the same level as your apartment. To uphold the exclusivity and safety for all residents, no short-term leasing, including Airbnb, is permitted within the building. 
The 40-story Normanby is about to become a new Melbourne icon, with captivating views overlooking the city and bay. Delivered by Capital Alliance and DKO Architecture, and built by Crema. 
Construction is well underway and expected to be completed in September 2021. <a href="/buildings/normanby-199-201-normanby-road-southbank"><img alt="" src="https://www.urban.com.au/new-apartments/normanby-199-201-normanby-road-southbank" style="width: 688px; height: 420px;"></a> 
  
Normanby services and amenities:

<ul>
<li>Infinity pool</li>
	<li>Gymnasium</li>
	<li>Lounge area</li>
	<li>Services provided by AC Hotels by Marriott including:</li>
	<li>Concierge services</li>
	<li>Room service </li>
	<li>Housekeeping</li>
</ul>
<a href="/buildings/normanby-199-201-normanby-road-southbank"><img alt="" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/normanby-199-201-normanby-road-southbank-89d6a309b36e4dd9d4e264cae3c4fbee_0.jpg" style="width: 694px; height: 420px;"></a>
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urban.com.au

Normanby rises with Fishermans Bend on its doorstep

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A luxury Yarra’s Edge, Melbourne’s Docklands apartment has been sold for $1.75 million.

It previously sold off the plan in March 2002, according to CoreLogic, for $1,581,400, reflecting minimal price growth based on its 2005 settlement,.

The 22nd floor apartment sold off-market through Mia Chen and Kristen Basile of Real Estate Services by Mirvac to an existing client.

The three bedroom, two apartment 2201/90 Lorimer Street, Docklands apartment has 203 sqm space. There is also a study.

The apartment was last advertised as a $1250 a week rental in 2018. Its peak asking rental was $1300 in 2016. It was first listed as a rental in 2007 at $900 a week.

There was a $1.17 million sale in the block last October of a 148 sqm two bedroom apartment on the 24th floor. It had previously sold at $1.04 million in 2016 and $795,000 in 2006.
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It previously sold off the plan in March 2002 for just over $1.5 million

jchancellor

Yarra's Edge, Docklands trophy apartment sold for $1.75 million

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The Prahran apartment renovated by Darren and Dee Jolly on the 2014 series of The Block has hit the market for the first time.

The two-level warehouse conversion last sold for $1.38 million in 2014.

It has just been listed again through Marshall White Fraser Cahill with a price range of $1.65 million to $1.75 million.

The three bedroom, two bathroom space at 6/125 High Street was one of the five residences in a building known as The Glasshouse.

It comes with a gourmet kitchen with four Bosch ovens, including a steamer, and a butler’s pantry.

It was previously office space.

Offers are due February 23.

The marketing advises the addresses of recently sold comparable property as:

<ol>
<li>14/7 Gordon Street Toorak 3142 - $1,800,000</li>
	<li>1901/572 St Kilda Road Melbourne 3004 - $1,800,000</li>
	<li>1003/454 St Kilda Road Melbourne 3004 - $1,690,000</li>
</ol>
There was a resale of 5/125 High Street in 2019 with its 232 sqm space fetching $2,275,000 having fetched $1,724,000 at its 2014 auction.
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The Prahran apartment renovated by Darren and Dee Jolly on the 2014 series of The Block has hit the market for the first time

Darren and Dee Jolly's 2014 The Block unit offered for the first time

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Located on a higher ground. Relowe Residence could enjoy a sunny backyard and amazing view, meaning you will be surrounded by opulent sunshine and fantastic landscapes everyday.

The Relowe Residence is an incredible place to call home. Come see the Relowe Residence for yourself. They are an incredible place to call home and are surrounded by everything you need to love where you live.

Enjoy Miele appliances in your stunning kitchen, polished floorboards in the kitchen, living and dining spaces and plush carpet through the bedrooms. 

Close to the Relowe Residence, you will find some of the best doctors, schools, parks, shopping, and dining. See for yourself, below are just a few of the incredible facilities just a short drive away.

The Relowe Residence are located just a short distance from expert medical care, enjoy the sights and sounds of nature by visiting one of the many surrounding local parks, find top-notch educational facilities not far from where you live, find your favorite new place to shop at one of the local malls and experience local and global delicacies at one of the local eateries.

 
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The Relowe Residence is an incredible place to call home, rising above Mont Albert.

Recently&nbsp;we were&nbsp;invited&nbsp;to take a walk through Mirvac's prestigious &amp; highly coveted master-planned community, Tullamore, to&nbsp;get a feel for the limited edition collection of <a href="/developments/doncaster-vic-3108">Maple homes</a> which are currently selling off-the-plan.&nbsp;

Check out our video tour:

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="415" src="https://www.youtube.com/embed/hCLFOYAx6PE" width="660"></iframe>

<h2>MAPLE HOMES BY MIRVAC AT A GLANCE</h2>

Developer:&nbsp;Mirvac

Location: 11 Heritage Boulevard, Doncaster VIC 3108

[smartcode_project:default project_id=22803]

Tullamore is where nature meets luxury. As we make our way through the community, set on the former Eastern Golf Course, you'll notice the lush greenery and planting, with plenty of space to relax and enjoy a daily walk, situated just 17km from Melbourne's CBD.&nbsp;

The exclusive Maple home release offers spacious, contemporary residences ideal for family living. From state-of-the-art fixtures and finishes, with SMEG appliances and butler's pantries, to expansive balconies overlooking the 6.8-hectare nature reserve, these homes are perfect for entertaining.

<a href="/developments/doncaster-vic-3108"><img alt="" data-entity-type="" data-entity-uuid="" height="1150" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/maple1.png" width="2372" /></a>

The fully-tiled bathrooms feature semi-frameless showers and a luxurious bathtub with built-in storage nooks and high-quality chrome tapware.

Each home boasts plenty of open-plan living space, with an abundance of natural light filling each room through floor-to-ceiling glazing, creating a peaceful environment for day to day living.

The Maple homes provide the perfect option for families, with flexible floorplans allowing you to make your new home your own.&nbsp;

<a href="/developments/doncaster-vic-3108"><img alt="" data-entity-type="" data-entity-uuid="" height="1306" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2020-07-15_at_6.26.00_pm_1.png" width="2496" /></a>

Set over two and a half levels they include four spacious bedrooms, 3.5 bathrooms and a double lock-up garage. Buyers will also have the opportunity to secure a home with a spectacular view of the nature reserve, guaranteeing you fantastic vistas that won't be built out.

Each home will achieve a 6 Star environmental rating, solar integration, LED downlights and electric car charging provisions. Walls within all properties have also been painted with low VOC paint – creating a healthier home for you and your family.&nbsp;

<a href="/developments/doncaster-vic-3108">Book your appointment</a> with a Mirvac Sales Consultant today for your opportunity to purchase a stunning limited-edition Maple home by Mirvac.

Olivia Round

Display Tour: Maple Homes by Mirvac at Tullamore, Doncaster

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Knowing the developer and their projects is an important step in preparing to purchase an off-the-plan property.

But, navigating through pages of reviews on past projects – on top of the already exhausting task of searching for a home – might seem daunting to some first home buyers.

While every first home buyer has different needs for their home, they all want one thing: to have complete trust in the developer.

Buying from a developer with a track record and long-term commitment to delivering quality projects is the best way to do this.

To help, Urban takes a look at ten developers operating in Victoria that you should know about. 
 

1. <a href="/developers/caydon-property" target="_blank">Caydon Property</a>

Establishing a strong presence in Melbourne over the last 17 years, Caydon Property’s portfolio boasts many major landmark developments in the Victorian capital.

Privately owned, the group has focused on enriching communities with their contemporary apartments, commercial spaces, retail outlets and luxury hotels.

As one to watch, Caydon has ensured a continual pipeline of projects with developments, all of which sit within 10-kilometres from the CBD.

[smartcode_project:default project_id=24441]

Caydon currently has over $1.5 billion worth of developments established across Melbourne and the US, with past projects including Focus on Mason, Ivanhoe and Due North.

Their latest project in Alphington, HOME by Caydon, boasts 324 residences in one, two and three-bedroom configurations, designed by Caydon’s in-house design team. 
 

2. <a href="/developers/dealcorp" target="_blank">DealCorp</a>

Since its beginnings in Melbourne in 1984, DealCorp has gone on to complete over 50 projects across the retail, residential and commercial sectors.

DealCorp offers high-quality, considered projects, creating dynamic, innovative and timeless properties, with current projects including Eclipse Townhomes and Polaris 3083.

[smartcode_project:default project_id=25889]

As one to watch in 2021, Urban has identified the group’s potential with many projects in planning over the new year. Awarded the development rights to Ormand Station in 2015, interested buyers are expecting the plans unveiling the residences above the station to be revealed soon.

Other projects by DealCorp includes their McKinnon project MCKN, comprising five levels of spacious, high-quality apartments. Two-bedroom apartments in the project are listed from $682,500.

[smartcode_project:default project_id=4939] 
 

3. <a href="/developers/stockland" target="_blank">Stockland</a>

As one of Australia’s largest diversified real estate groups with $15.2 billion in real estate assets, Stockland has earned their place as an Urban must-watch.

Stockland aims to make thriving communities for growing families, first-home buyers, empty-nesters and everyone in between. 105 families move into a Stockland home every week.

Across Australia, the development group has 51 residential communities and with more in the pipeline, Urban is expecting big sales as first-home buyers choose suburbia’s green spaces over city-living.

The group’s dedication to sustainability has also made them one to watch. Although overtaken on the Dow Jones Sustainability Index as the most sustainable real estate group after five consecutive years, Stockland continues to pave the way for setting new benchmarks in sustainable developments and environmental management.

[smartcode_project:default project_id=29947]

Among their current projects includes Altona North’s Haven Townhomes and the Terraces at Minta in Berwick.

Perfectly located just 11km from Melbourne’s CBD, Stockland's Haven offers a collection of boutique townhomes, designed in collaboration with award-winning SJB Architect. 
 

4.<a href="/developers/id-land"> ID_Land</a>

A newer Melbourne-based developer, ID_Land was founded in 2009 with a diverse development pipeline in excess of $2 billion.

[smartcode_project:default project_id=9023]

“With experience in all forms of residential development, we offer a proven track record of managing the successful delivery of communities of varied scale and complexity”, director Matthew Belford said.

With an array of successful residential developments, ID_Land has been earmarked as one to watch this year with the upcoming projects including Canvas, Yarraville Place and The Walter.

Situated in a prime inner-north location, The Walter offers residents unparalleled access to amenities, with features including expansive glazing, high ceilings and modern interiors.

ID_Land also have Port Lane, a new townhouse development in Port Melbourne. The coastal community will see prices starting from $995,000 for the three bedroom townhouses designed by Rothelowman.

[smartcode_project:default project_id=89720]

5. <a href="/developers/frasers-property" target="_blank">Frasers Property</a>

With over 95 years’ heritage in Australia, Singapore-based Frasers Property operates across residential, retail, commercial and industrial property markets.

Off the success of their sold-out past projects within Victoria, including Flourish Parkside and Reside Carlton, Urban expects another big year for the developer.

[smartcode_project:default project_id=14940]

Designed by DKO Architecture, Frasers’ award-winning development, Burwood Brickworks, offers sustainable townhomes and apartments with a commitment to the environment.

Last November, Frasers Property was won two awards in the Global Real Estate Sustainability Benchmark (GRESB) rankings, named the ‘global development sector leader – residential’ and the ‘global non-listed sector leader – diversified office/industrial’.

CEO Anthony Boyd said the rankings were a reflection of the company’s consideration of environmental, social and financial sustainability in all its operations. 
 

6. <a href="/developers/bhc-property" target="_blank">BHC Property</a>

Specialising in luxury townhomes and multi-residential projects within the Melbourne property market, Urban expects 2021 to be a big year for BHC Property.

Renowned for their family-style developments boasting a sense of community and quality, BHC projects are marked by superb locations and distinct designs.

[smartcode_project:default project_id=13035]

Amongst their past projects are the sold-out Box Hill townhomes, Carrington Hill, and Parkfield in Noble Park.

Other projects in the pipeline include 1975, offering three and four-bedroom homes that are configured across multiple levels at 1975 Malvern Road in Malvern East. 
 

7. <a href="/developers/mirvac" target="_blank">Mirvac</a>

[smartcode_project:default project_id=22803]

With an unmatched reputation for delivering quality products in the residential development sector, Mirvac has become a leading Australian property group. Founded in 1972, the company has close to 50 years’ experience making it a trustworthy developer of your new property.

Mirvac is known for their delivery of upfront amenity, diversified product range and quality design. The group delivered in excess of 2,500 lot settlements with a record level of apartment settlements at the end of last financial year.

As one to watch, potential buyers and investors should keep an eye on Mirvac’s many residential developments, including Tullamore, a 47-hectare development in the sought-after suburb of Doncaster.

[smartcode_project:default project_id=22584]

Located 13-kilometres from Melbourne’s CBD, Tullamore is set to offer the soon-to-be-completed Folia stage, which will see 102 one, two and three-bedroom residences across five and seven floors. Folia is expected to reach completion in April 2021. 
 

8. <a href="/developers/beulah">Beulah International</a>

An Australian property developer based in Melbourne, Beulah International have expanded into global operations with significant projects including Ivanhoe’s Hallmark and Fawkner House in South Yarra.

From thoughtfully considered individual experiences to city-defining mixed-use developments, Beulah is known for their transformative spaces an progressive design approach.

As one to watch, Beulah have cemented their place as a developer to watch with the successful sell-out of Gardenhill and their engagement on high-profile projects, including the proposed Southbank by Beulah.

[smartcode_project:default project_id=8804]

Southbank, a dual skyscraper designed by UNStudio and Cox Architecture, will host the Southern Hemisphere’s tallest building upon its completion. Construction on the project is expected to begin this year after securing approval from planning minister Richard Wynne last April.

 

9. <a href="/developers/milieu-property" target="_blank">Milieu Property</a>

Milieu Property is a boutique development company focused on “creating spaces of positive influence, both inside and out.” Inspired by Melbourne, the group’s projects are informed by their surrounds and designed to respond to their context.

[smartcode_project:default project_id=5890]

Based in Collingwood, the group have secured their place as a must-watch with approximately $300 million of projects under development.

Just over 10 years old, the company has made their mark on the Victorian capital with developments including Nth FITZROY, Brunswick East and Breese Street.

Brunswick East is a set of 48 apartments in the heart of Melbourne’s inner north. This project will be a collaboration with Fieldwork Architects and Foolscap Studio. 
 

10. <a href="/developers/riverlee" target="_blank">Riverlee</a>

Based in Melbourne and established in 1993, Riverlee is a privately-owned property group specialising in development. The family business has delivered over $2.5 billion of urban land and master-planned communities, commercial office, residential, and hotel developments.

[smartcode_project:default project_id=891]

With a track record to contributing to the economic growth of Victoria, Riverlee is a trustworthy developer with a reputation built on its integrity and determination.

Existing projects of note include Jaques at Richmond, their 370 Docklands Drive development and Tarneit residential estate, The Heartlands.

To watch this year is the group’s Seafarers project on the Yarra River, awarded silver at last year’s Melbourne Design Awards. Seafarers offers a limited collection of 123 impeccably-crafted riverfront residences.

[smartcode_project:default project_id=27728]

Designed by Fender Katsalidis, Seafarers will boast private dining rooms, 24-concierge and valet, swimming pool and sweeping Yarra River and park views.
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Urban takes a look at ten developers operating in the VIC that you should know about

max.kwok_55688

10 developers to watch in VIC in 2021

First home buyers, investors and downsizers alike will find comfort knowing that you can find a brand-new luxury apartment in Melbourne at an affordable price point.

Urban takes a look at five new developments on the market under $400,000.

1. Live City, Footscray 
Address: 124-188 Ballarat Road, Footscray VIC 3011 
One-bedroom apartments from $350,000

[smartcode_project:default project_id=3565]

Backed by developer R&amp;F Property Australia, the new masterplanned community Live City comprises 208 residences spread across 14 floors. The community is set to deliver over 1,400 apartments across eight buildings.

Designed by Elenberg Fraser, each residence features floor-to-ceiling windows, contemporary interiors and an abundance of natural light.

One-bedroom apartments within the complex sell for an affordable $350,000 – the best value property on this list.

2. Ovation, Footscray 
Address:&nbsp;94 Buckley Street, Footscray VIC 3011 
One-bedroom apartments from $367,500

[smartcode_project:default project_id=5490 project_image_fid=78492]

Ovation is one of the latest Footscray apartment developments to be launched.&nbsp;

Developed by Keystone Property Group, Ovation comprises just 131 apartments in the contemporary KUD Architects-designed building on Buckley Street.

Each first home buyer who buys an apartment in the development <a href="/news/vic/first-home-buyers-at-ovation-footscray-given-free-car-on-purchase">gets a free car worth $25,000</a>.

3. Folia, Doncaster 
Address: 59 Stables Circuit, Doncaster VIC 3108 
One-bedroom apartments from $400,000

[smartcode_project:default project_id=22584]

The newest chapter of Mirvac’s Apartments of Tullamore, Folia offers residents sustainable living from an entry price point of $400,000.

Offering 102 one, two and three-bedroom residences, the project boasts an curved façade designed by Mirvac’s in-house design team, greenery-fringed balconies and a rooftop conservatory.

The development has earned a six-leaf EnviroDevelopment accreditation, the highest available in Australia, thanks to its sustainable features, such as a 70kWh solar panel array, battery storage and integrated water management plan.

4. Liberty One, Footscray 
Address: 1 Warde Street, Footscray VIC 3011 
One-bedroom apartments from $396,000

[smartcode_project:default project_id=709]

Liberty One, a Footscray development by Bensons Property Group, features 350 one and two-bedroom apartments from an affordable $396,000.

Designed by CHT Architects, the functional design boasts floor-to-ceiling windows, open-plan living space and private balconies, as well as amenities including a residents’ lounge, gym and outdoor cinema.

First home buyers will save even more with the HomeBuilder grant and stamp duty incentives, with potential savings exceeding $23,000.

5. M-City, Clayton 
Address: 2107 Dandenong Road, Clayton VIC 3168 
One-bedroom apartments from $371,300

[smartcode_project:default project_id=528]

Delivered by Schiavello, the masterplanned M-City offers 460 residences across four buildings. The first building, M1, sold out within 14 days, reflecting the attractive investment opportunities the residences present for first home buyers and seasoned investors alike.

Designed by Buchan Group, the apartments include smart design features, private balconies and an abundance of light.

M-City delivers on its promise of resort-style amenities, boasting a community childcare centre, luxury outdoor pool, tennis court, gym and pharmacy at an entry price of $371,000.

Urban takes a look at five new developments on the market under $400,000.

Five affordable apartments in Melbourne under $400,000

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Sixth Ave., delivered by the Aultun Group, offers coastal living in Chelsea Heights, ideal for families or downsizers.

Designed by Point Architects, Sixth Ave. features light-filled interiors, bespoke landscaping and recreational amenities within easy reach.  

Boasting a collection of 59 two, three and four-bedroom residences, the project provides perfect bayside living with an endless array of retail, dining, and recreational amenities all within easy reach. Whether you prefer to take a dip in the sheltered bay waters or seek the rush of adrenaline through sports and activities, Sixth Ave.’s premium location provides for all lifestyles.

Nearby leisure and recreational activities include the nearby Chelsea beach home to a number of cafe's and restaurants. Plus there are a number of shopping center's to meet your other shopping needs

Nearby eateries include (numbered on map below): 

<ol>
<li>Straight &amp; Narrow Cafe</li>
	<li>Two Feet First Cafe</li>
	<li>The Little French Deli</li>
	<li>Cafe Moto</li>
	<li>The Cove Hotel</li>
	<li>Dainton Family Brewery</li>
	<li>The Craft &amp; Co Farm</li>
</ol>
<a href="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/sixth_ave_surrounds.jpg" target="_blank"><img alt="" height="844" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/sixth_ave_surrounds.jpg" width="961"></a>

Click image to enlarge

Other leisure locations include the Patterson Lakes Marina, Edithvale Wetlands, Bicentennial Park. Recreational activities on offer in the area range from golf at the Patterson River Golf Club, Chelsea Public Golf Course or Eastern Sward Golf Course to wakeboarding at the Melbourne Cable Wakeboarding Park and horse-riding at the Blinkbonnie or Willow Lane equestrian centre's. 

Also within walking distance is the Good Life Health Club.

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Nearby educational facilities include:

<ul>
<li>Chelsea Heights Primary School</li>
	<li>St Joseph's Primary School</li>
	<li>Chelsea Heights Kindergarten</li>
	<li>Good Start Early Learning</li>
	<li>Cornish College</li>
	<li>Patterson River Secondary School</li>
	<li>Mentone Grammar</li>
</ul>
With prices starting from $599,000, Sixth Ave is set for completion in 2022.
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Designed by Point Architects, the development features light-filled interiors, bespoke landscaping and recreational amenities within easy reach.  



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Top amenities within walking distance from Sixth Ave

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Melbourne's inner city unit market recorded the largest falls across Australia this year down -7.6 per cent over 2020, according to CoreLogic’s Rental Review for the December 2020 quarter.

Across the individual property types nationally, houses substantially outperformed units over the year, with house rents rising by 3.9% annually against a 3% reduction in unit rents.. Unit rents were down -4.6% across the combined capital city unit market.

<img alt="" height="650" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/sydney_unit_rents_1_0.jpg" width="847">

Despite Melbourne recording the largest falls in unit rental rates over the year, Melbourne remains the third most expensive unit market of the capital cities behind Sydney and Canberra. 

Melbourne came in as the third most affordable capital city to rent a house.

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The area's hit hardest in Melbourne were the City and &amp; Inner East down -13.7 per cent and  -5.3 per cent. Following behind those loss leaders were the North West and Inner South, -3 per cent and -2.9 per cent respectively.

Some regions did see improvement across the wider region including with the Mornington Peninsula up 5 per cent and the Outer East up 0.6 per cent, the only two regions that didn't see a loss in values.

Rental conditions in regional markets have been outperforming capital cities with unit markets recording weak conditions across the largest capital cities.

December 2020 saw Australia’s dwelling market record the largest monthly increase in rental rates since 2010, up 0.6 per cent over the month. The 10 year record can be attributed to growth across the house market which saw a 0.9 per cent rise in rental rates over the month, more than offsetting a -0.1 per cent fall in unit rents.

Across the broad regions, regional markets were the standout performer with both house and unit rents up 1.1 per cent in December, taking house rents 2.9 per cent higher over the final quarter of 2020 and unit rents 2.6 per cent higher.

Unit rental rates across the capital cities fell -0.3 per cent over the month to be down -1.6 per cent over the December quarter. Despite the diverse performance over the year, national rents rose by 1.9 per cent annually in 2020, which was the largest annual increase across the dwelling market since mid-2018. 
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Melbourne's inner city unit market recorded the largest falls across Australia this year down -7.6 per cent over 2020

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