<a href="https://www.apartments.com.au/new-apartments/smith-by-valli-collingwood-224-228-smith-street-collingwood-vic-3066">Smith Collingwood</a> is a new boutique apartment development bringing a refined, design-led approach to one of Melbourne’s most established inner-city neighbourhoods.

Designed by <a href="https://www.apartments.com.au/architects/pandolfini-architects">Pandolfini Architects</a> with interiors by <a href="https://www.apartments.com.au/interior-designers/lisa-buxton-interiors">Lisa Buxton</a>, Smith by Valli sits on iconic Smith Street and comprises just 22 residences tailored toward owner-occupiers seeking a more considered style of apartment living.

[smartcode_project:default project_id=140747 project_image_fid=367540]

The design of Smith focuses on a north-facing orientation across all residences, a relatively uncommon feature in dense inner-Melbourne settings. Each apartment has been planned to maximise natural light and outlook, alongside a material palette defined by warm tones, custom joinery, and a full suite of Gaggenau appliances.

The development comprises a mix of one, two, and three-bedroom apartments, with pricing currently ranging from just under $1 million to around $4.85 million for the premium penthouse-level residences, reflecting growing demand for luxury owner-occupier product in Melbourne’s inner urban market.

Residents will also have access to a private rooftop garden designed as an elevated retreat above the city, &nbsp;featuring curated landscaping, veggie boxes, intimate seating areas and spaces for relaxed gatherings. Sustainability has also been integrated into the project through a 7-star energy rating and two secure bicycle facilities for every residence.

[smartcode_project:default project_id=140747 project_image_fid=367529]

Smith by Valli sits in the heart of one of Melbourne’s most established retail and hospitality strips, within walking distance of venues such as Falco Bakery, Carnation Canteen and Alimentari, alongside parks and everyday services. With a Walk Score of 99, the location reinforces the project’s positioning toward buyers prioritising walkability and access over car dependency.

With only a limited number of residences, Smith reflects growing demand for smaller, highly curated apartment developments that prioritise design quality, liveability, and connection to neighbourhood character.

[smartcode_project_cta:default project_id=140747]

Joel Robinson

Smith by Valli delivers a refined collection of luxury residences to Melbourne’s inner north

<a href="https://www.urban.com.au/developers/far-east-consortium">Far East Consortium</a>’s 640 Bourke Street stands as a testament to&nbsp;<a href="https://www.urban.com.au/developments/melbourne-vic-3000">Melbourne</a>’s ability to bridge its storied past with a bold vision for the future.&nbsp;

Rising above the heritage-listed Eliza Tinsley building, the development reflects a broader shift toward adaptive reuse in the city, where historical assets are retained and reinterpreted as part of new residential development.

Designed by <a href="https://www.urban.com.au/architects/rothelowman">Rothelowman</a>, <a href="https://www.apartments.com.au/new-apartments/640-bourke-street-melbourne-640-bourke-street-melbourne-vic-3000">640 Bourke Street</a> incorporates the Eliza Tinsley building as its foundation, housing a grand gallery and lobby space that serve as both a functional and symbolic centrepiece. The heritage façade informs the tower’s design, creating a connection between Melbourne’s past and its contemporary skyline.

"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=365684]

Above this historic base, the 68-storey tower will deliver just over 600 residences, a notable reduction from earlier schemes, reflecting a deliberate move toward larger-format apartments and a stronger owner-occupier focus.

Unlike traditional CBD developments that prioritised investor stock, 640 Bourke Street has been repositioned to respond to changing buyer expectations.

"The discussion was all around making 640 Bourke Street the best residence to live in, to be much more focused on the people in the building rather than people looking at the building," Marsland explained.&nbsp;

This shift is evident in the development’s interiors, which emphasise practical luxury with spacious layouts, high ceilings, and floor-to-ceiling windows framing sweeping views of Melbourne and Port Phillip Bay.&nbsp;

“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," Lauren Sheldon, Far East Consortium’s Director of Sales and Marketing, said.&nbsp;

[smartcode_project:default project_id=509 project_image_fid=365687]

Rothelowman Associate Jun Chang added, "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."&nbsp;

Amenities spanning more than 3,000 sqm across multiple levels further reinforce this focus on resident experience. These include a pool, gym, co-working areas, and a range of hospitality-inspired spaces such as a whisky lounge, library, and private dining rooms, many drawing reference from traditional bathhouses and Melbourne’s laneway culture.

"We wanted to make both the pool and the gym area to be absolutely destinational, and when you traverse across to these spaces, there is a gentle familiarity to the beautiful notions of the hammams and the Roman baths, a gentle nod to history," Chang noted.

At street level, the project contributes to the ongoing transformation of the western CBD, with upgrades to Langs Lane and the introduction of retail, hospitality, and gallery spaces designed to activate the precinct and strengthen its connection to the surrounding city fabric.

[smartcode_project:default project_id=509 project_image_fid=365689]

The location places residents within walking distance of Southern Cross Station, Flagstaff Gardens, Queen Victoria Market, and the Docklands waterfront, positioning the development within a rapidly evolving inner-city neighbourhood.

"We believe it's the best site left in the city of Melbourne," Craig Williams, Executive Director at Far East Consortium, said.&nbsp;

640 Bourke Street is Far East Consortium’s 14th building in Melbourne’s western CBD.

"A very elegant designed building. It's going to be a Melbourne statement for many, many years to come."

One-bedroom apartments are priced from around $640,000, with 640 Bourke Street targeting completion in 2029.

Renders shown are Artist's Impressions correct as of May 2026.

[smartcode_project_cta:default project_id=509]

Heritage-led design anchors Far East Consortium’s 640 Bourke St, Melbourne

<a href="https://www.apartments.com.au/developers/mayd-group">MAYD Group</a> has set a new residential price record in Queensland with the $30 million sale of the penthouse at its <a href="https://www.apartments.com.au/new-apartments/one-burleigh-88-the-esplanade-burleigh-heads-qld-4220">ONE Burleigh</a> development in Burleigh Heads.

The sale equates to around $37,500 per sqm.

The two-level, 800 sqm penthouse, featuring five bedrooms, five bathrooms, five car spaces, and a private infinity pool overlooking the Pacific Ocean, was acquired by a Gold Coast-based entrepreneur, highlighting continued demand for ultra-premium beachfront product.

Selling agent Freddie Tehle of PRD Burleigh Heads said the result reflects tightening supply of high-quality, large-format apartments in Burleigh.

“There’s very limited opportunity to secure this level of scale and absolute beachfront position in <a href="https://www.apartments.com.au/developments/burleigh-heads-qld-4220">Burleigh Heads</a>,” Tehle said.

“Buyers are increasingly seeking apartments that genuinely replace a standalone home, and this penthouse delivers that with its size, privacy, and direct ocean frontage.”

[smartcode_project:default project_id=146358 project_image_fid=323057]

The sale comes as construction progresses on ONE Burleigh, a boutique development of 17 full-floor residences at 88 The Esplanade, scheduled for completion in early 2027.

Developed by MAYD Group and designed by <a href="https://www.apartments.com.au/architects/mas-architecture-studio">MAS Architecture</a> with interiors by <a href="https://www.apartments.com.au/interior-designers/sici-design">Sici Design</a>, the project has been positioned as a collection of house-sized beachfront apartments, each occupying an entire floor with around 381 sqm of internal and external living space.

When construction commenced, MAYD director Todd Mould pointed to the long-term resilience of premium coastal real estate as a key driver behind the project.

“Real estate, particularly at the premium end, remains one of the most resilient and proven long-term investment avenues,” Mould said.

“Our ambition is that anyone who buys a MAYD-built product can genuinely feel the care, craftsmanship and commitment we bring to every detail.”

[smartcode_project:default project_id=146358 project_image_fid=323055]

Each residence has been configured with four bedrooms, multiple living zones, a private office, and expansive ocean-facing terraces. Interiors draw on a restrained material palette, including travertine stone, timber joinery, and integrated premium appliances.

Interior designer Sici Design said the approach was to reflect the project’s coastal setting through both materiality and spatial planning.

“ONE Burleigh is our vision of luxury living, designed to bring the essence of Burleigh Heads' vibrant coastal beauty into an unparalleled residential experience.”

Residents will have access to a suite of wellness-focused amenities, including pools, sauna facilities, and dedicated relaxation spaces, reflecting a broader shift toward lifestyle-driven apartment design on the Gold Coast.

[smartcode_project:default project_id=146358 project_image_fid=323052]

The project occupies a southern Esplanade site with uninterrupted beachfront frontage, an increasingly rare offering in Burleigh Heads, free from the Norfolk Pines that line much of the coastline and often limit direct ocean outlook.

Mould said the design intent was to balance that outlook with a sense of retreat.

“Living at ONE Burleigh is about how your day naturally unfolds, morning light across the ocean, coffee on the balcony, and being in Burleigh but elevated above the noise.”

The result further reinforces Burleigh Heads’ emergence as one of the Gold Coast’s most tightly held and supply-constrained beachfront markets, where boutique, owner-occupier-focused developments are increasingly setting new price benchmarks.

[smartcode_project_cta:default project_id=146358]

MAYD Group sets Queensland record with $30 million penthouse sale at ONE Burleigh in Burleigh Heads

Apartment developers in the Gold Coast are finding new, creative ways to differentiate themselves from competing projects, as new supply starts to flow through up and down the Coast.

Developer BIG Projects brought in the renowned Sydney-based design studio YSG Studio to craft the interiors for The Frederick, BIG Projects' new Mermaid Beach project and YSG Studio's first move into the multi-residential development space.

[smartcode_project:default project_id=110588 project_image_fid=5346]

It was a strategic move for BIG Projects to bring in a Sydney eye to the development.

“Our role is to give our design partners the space and freedom to explore,” says Matt Barrett, Director of BIG Projects.

“We wanted YSG Studio to capture the essence of Nobby’s, to design a building that embraces life, light and connection, while creating a genuine sense of place.”

There are only 39 apartments in The Frederick, including a striking beach house, just 100 metres from the booming Nobby Beach precinct.&nbsp;

[smartcode_project:default project_id=110588 project_image_fid=5347]

Yasmine Ghoniem, Director of YSG Studio, says their vision&nbsp;for The Frederick "reinvents coastal living."

“Nobby’s has such an iconic energy, it’s one of those rare pockets of the Gold Coast where the community, the beach, and the streets all feel connected,” Ghoniem says.

"Responding to the neighbouring coastline, soothing curves add a relaxing regional overlay, while unique detailing really sets it apart. It’s a place that feels lived in from the moment you step inside.”

A standout feature of The Frederick is its rooftop terrace, an uncommon inclusion for a boutique, low-rise building, where amenity is typically concentrated at ground level.

[smartcode_project:default project_id=110588 project_image_fid=5360]

Positioned to capture panoramic views from the hinterland to the ocean, the rooftop has been designed as a series of intimate zones. It includes a pool, sauna, sun decks, workspaces and dedicated entertaining areas.

“The rooftop was conceived as a collection of spaces where residents can unwind and connect, an extension of the Nobby’s lifestyle,” Barrett says.

Architecture for the project was led by Plus Studio, with landscape design by LDG Landscape Architecture.

SRQ Projects Director Nick Clydsdale, who is handling sales at The Frederick, says the majority of enquiry is coming from South East QLD and Victorian buyers who have been actively searching between Broadbeach and Mermaid Beach for some time.

"They’ve reviewed a number of projects, however this one has stood out for its unique detailing and compelling design,"&nbsp;Clydsdale says.

Site demolition is slated for this month, with construction commencing soon after. BIG Projects is targeting a late 2027 completion.

[smartcode_project_cta:default project_id=110588]

Sydney’s YSG Studio makes Gold Coast multi-residential debut with BIG Projects at The Frederick

Melbourne-based property developer ALTA Property has this week achieved planning approval for the adaptive re-use of a former commercial tower into a $200 million, 169-apartment project at 10 Queens Road, one of the last developable sites along the Albert Park Lake-fronting boulevard.&nbsp;

Set within one of Melbourne’s most sought-after precincts and designed by <a href="https://www.apartments.com.au/architects/fraser-partners-0">Fraser and Partners</a>, the illustrious building will offer unparalleled views across Albert Park Lake, Port Phillip Bay and Melbourne CBD.&nbsp;

The mix of 1, 2 and 3-bedroom residences will be complemented by a ground-floor amenity featuring private dining, a lounge bar, gym and wellness spaces, co-working, outdoor communal gardens, and retail.&nbsp;

The 17-storey building is a masterclass in adaptive re-use, with the existing commercial building’s façade, shell and internal structure to be retained, before high-end residences are built from the ground up in a newly built Albert Park facing addition to the building.&nbsp;

Sitting atop the building will be two 320+sqm penthouses with private rooftop terraces, which are expected to be priced between $9 - $11 million.&nbsp;

<img alt="ALTA Property achieves permit approval for $200 million Queens Road tower" data-entity-type="file" data-entity-uuid="aa11211b-5581-43f9-940c-fc84d30a0e61" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/C_04.png?VersionId=Yhf5p_1EgGDu_zOIMFgvA8Ug8j3sTFQs" />

Architecturally, the building will feature a curved, geometric façade that celebrates and elevates the existing structure, with warm, muted tones which were selected to extend the materiality of the existing building rather than contrast it.&nbsp;

Interiors will bring together three metre high ceilings with waffle concrete in some spaces, natural timber, granite and Australian materials, culminating in crafted, generous and considered spaces that are defined by authenticity.&nbsp;

The adaptive re-use means that the Queens Road project will be a sustainability led, high-quality finished product, with a 62% saving in carbon emissions by re-using the existing structure rather than knocking it down and rebuilding.&nbsp;

ALTA Property was launched by Nigel Givoni in 2023, bringing over 25 years of experience in multi level residential delivery.&nbsp;

Melbourne’s property market growth is currently led by apartments. According to RPM VIC Apartments &amp; Townhomes Market Report (April 2026), units are outpacing houses, especially in the middle ring suburbs where median prices hit $757,500 – a four-year high that represents 2.9 percent growth quarter-on-quarter.&nbsp;

<img alt="ALTA Property achieves permit approval for $200 million Queens Road tower" data-entity-type="file" data-entity-uuid="647e13d7-b4bc-433a-9bc9-fe3c3dd4f2ec" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/V_06.png?VersionId=ou4NUCWUgA3NAy.6CQJlEdKX50j3dOk6" />

For ALTA Property Founder Nigel Givoni, this performance speaks to the confidence he has in the Melbourne market.&nbsp;

“Queens Road represents a rare opportunity to continue to shape our presence in the Melbourne market.,"&nbsp;Givoni says.

"With a considered project team and a premier site along one of the city’s most sought-after boulevards, we look forward to contributing to the fabric of this established address.

“Other Australian markets are getting a lot of attention, but I believe the depth of value in Melbourne is being overlooked. The fundamentals are strong, population growth is steady and, based on our preliminary conversations with a leading builder, construction costs are beginning to normalise, creating further opportunity."

Givoni says the project is a&nbsp;highly considered example of adaptive re-use, delivering quality, high-end residences, premium hotel-inspired amenities and an architecturally striking façade, all achieved without the need to remove the existing structure.

"We are really looking forward to the market’s response,” he said.&nbsp;

ALTA Property to deliver $200 million Queens Road apartment tower

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?

<ul>
	<li data-end="187" data-start="0">The Queensbridge Building, a 62-level mixed-use development, is under construction in the heart of Melbourne’s CBD, South Melbourne, and Arts Precinct, with completion expected in 2025.</li>
	<li data-end="361" data-start="188">The development includes 367 apartments, a 188-room hotel, co-working spaces, resident amenities, and a corner store, with a design philosophy based on ‘Modern Nostalgia.’</li>
	<li data-end="499" data-start="362">Interior design by David Flack focuses on natural light, customizable finishes, and spaces that encourage personalization by residents.</li>
	<li data-end="642" data-is-last-node="" data-start="500">Queensbridge will offer numerous facilities, including a gym, outdoor lap pool, wellness rooms, and a car share program with Tesla vehicles.</li>
</ul>

<hr />
The Queensbridge Building, at the nexus of the Melbourne CBD, South Melbourne, and the sought-after Arts Precinct, is continuing to achieve milestones in its construction.

The striking glass facade by <a href="https://www.apartments.com.au/architects/fraser-partners-0">Fraser &amp; Partners</a> is starting to shine from Queensbridge Street, with regarded builder Hickory in charge of the construction of the 62-level, mixed-use building which will be the&nbsp;only new apartment development to complete in <a href="/developments/southbank-vic-3006">Southbank</a> in 2025. The last completion of a new tower was in 2022.

Developer&nbsp;<a href="/developers/time-place">Time &amp; Place</a>&nbsp;is bringing a rounded lifestyle offering to its future residents. Alongside the 367&nbsp;one, two and three-bedroom apartments will be a 188-room Hannah St. Hotel, significant resident amenity, a two-level mezzanine lobby with co-working centre, and a convenient corner store.

[smartcode_project:default project_id=1504 project_image_fid=272099]

The design&nbsp;philosophy, both in the apartments' interiors and the building's architecture, is guided by Time &amp; Place's new concept of ‘Modern Nostalgia,’ seeking to recreate the comfort and familiarity of home within a skyscraper setting.

Interior architect David Flack handled the design style of the apartments that are designed to optimse nature light with large picture windows and integrated study nooks.

"Often you walk into an apartment, and it’s immediately clear how the designer or architect wants you to live, but not here," Flack said.

"We want you to see yourself within these spaces, and make them your home."

[smartcode_project:default project_id=1504 project_image_fid=272079]

Each of the apartments can be customised with multiple choices of finishes rarely available to any development.

Time &amp; Place use a unique custom lab software that also allows homeowners to view colour selections in the kitchen, bathrooms, and bedrooms.

[smartcode_project:default project_id=1504 project_image_fid=272085]

A myriad of facilities will be accessible by Queensbridge residents, including but not limited to a co-working space, a resident dining room, gym, an outdoor lap pool, a hot house, and several wellness rooms.

Residents will also have access to an affordable car share program with Tesla vehicles

[smartcode_project:default project_id=1504 project_image_fid=272090]

The facilities will be complemented by more public spaces like a&nbsp;reinterpretation of the neighbourhood corner store.

Hickory is soaring past level 50 on its way to completing the 62-level structure, with the interior fitout to follow soon after completion of the building.

[smartcode_project_cta:default project_id=1504]

Developer Time & Place is bringing a rounded lifestyle offering to its future residents

Hickory targets 2025 completion of The Queensbridge Building in Southbank

The latest stage of Collins Wharf by Lendlease presents an opportunity to buy into one of&nbsp;Melbourne’s world-class retail and dining precincts.

<a href="/new-apartments/ancora-at-collins-wharf-docklands-971-collins-street-docklands-vic-3008">Ancora</a>, designed by international architecture practice <a href="/architects/warren-and-mahoney">Warren and Mahoney</a>, will comprise just over 300 residences, a mix of waterfront apartments, townhomes and skyhomes, all just a stone's throw from the heart of Melbourne at the end of Collins Street.

We recently visited the onsite display suite at&nbsp;938 Collins St where Lendlease Senior Development Manager, Lorna Stewart-Thornton, gave us an insight into what Ancora offers its future residents.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/1mUhIrMz32I?si=Fad54SOS55rBSj-C" title="YouTube video player" width="560"></iframe>

"This is the opportunity to enjoy elegance on a grand scale in the most coveted location, where the serene beauty of the water meets the vibrant pulse of Melbourne city,"&nbsp;Stewart-Thornton said.

“Across the range of residences on offer, buyers will enjoy carefully designed and orientated floor plans which capture the best natural light across both single and dual waterfront views.

[smartcode_project:default project_id=9779 project_image_fid=314799]

The Waterfront Apartments feature one, two, and three-bedroom layouts with open-plan living areas, kitchens fitted with integrated Miele appliances, and stone benchtops. Buyers can choose between light or warm colour schemes.&nbsp;

The Premier Collection takes luxury further with larger residences, including townhomes and skyhomes, finished with Gaggenau appliances and natural stone benchtops.

[smartcode_project:default project_id=9779 project_image_fid=318933]

Beyond the apartments, Ancora will deliver an extensive amenity offering.

"Lendlease's approach to placemaking puts lifestyle at the centre of our development,"&nbsp;Stewart-Thornton says.

"Our focus expands beyond apartments to the spaces and amenities that complement the home."

Ancora residents will have access to extensive wellness facilities, including an indoor pool, spa, sauna, steam room, and a fully equipped gym, as well as two open-air terraces which will take in city and waterfront views.&nbsp;

[smartcode_project:default project_id=9779 project_image_fid=314808]

Ancora also integrates green space, with over 5,000 square metres of parkland planned for the ground-level, offering outdoor areas for relaxation, fitness, and social gatherings.&nbsp;

Located on the water’s edge, Ancora offers direct access to Victoria Harbour Promenade and is within walking distance of Collins Street, linking residents to Melbourne’s best retail and dining precincts.&nbsp;

Construction on Ancora is set to commence soon.

[smartcode_project_cta:default project_id=9779]

Located on the water’s edge, Ancora offers direct access to Victoria Harbour Promenade and is within walking distance of Collins Street, linking residents to Melbourne’s best retail and dining precincts.

"Where the water meets the city": Inside Lendlease's Ancora at Collins Wharf

Summary:

<ul>
	<li>Victoria sets housing targets to accommodate 2.24 million new homes by 2051</li>
	<li>70 per cent of Melbourne’s growth directed to established areas, with 30 per cent in outer suburbs</li>
	<li>New planning reforms aim to fast-track approvals and cut delays by 60 per cent</li>
	<li>Property Council supports targets but calls for tax incentives to boost investment</li>
</ul>

<hr />
&nbsp;

The Victorian government has finalised housing targets for councils across the state, outlining where and how many new homes will be built to accommodate an expected 2.24 million additional homes by 2051.

The targets prioritise development in established areas close to jobs, transport, and services, reversing previous trends that saw expansion largely concentrated in outer suburbs.

Under the new plan, 70 per cent of Melbourne’s growth is directed towards established areas, with the remaining 30 per cent allocated to outer suburbs. Regional Victoria is set to account for 25 per cent of all new homes.

The government has ranked council areas based on projected housing growth, with Greater Melbourne councils seeing the most significant increases.

Greater Melbourne’s housing targets are led by the City of Melbourne, expected to grow from 110,100 homes to 229,600 by 2051, an increase of 119,500 homes.

Melton follows closely, with an addition of 109,000 homes, bringing its total to 178,300 by 2051.

Wyndham is set to expand from 109,300 to 208,300 homes, while the City of Casey is projected to add 87,000 homes, taking its total to 218,000.

Other growth areas in Metropolitan Melbourne include:

<ul>
	<li>Whittlesea: 88,100 to 160,100 (+72,000)</li>
	<li>Mitchell Shire Council: 9,700 to 75,700 (+66,000)</li>
	<li>Cardinia: 46,400 to 76,400 (+30,000)</li>
</ul>

In regional Victoria, Greater Geelong is set to accommodate 128,600 new homes, followed by Ballarat with 46,900 and Greater Bendigo with 37,000.

On the lower end of the spectrum, some councils saw reductions from initial projections, with Nillumbik’s target cut from 12,000 to 6,500 additional homes.

Premier Jacinta Allan stated that the revised targets are designed to distribute growth more evenly and ensure affordability across the state.

Councils will be required to demonstrate how they will meet these targets or risk government intervention in planning decisions.

<h2>Planning Reforms to Support Growth</h2>

To support the delivery of housing targets, the government has introduced a Townhouse and Low-Rise Code to fast-track approvals for homes up to three levels.

If a project meets the new code, which sets out criteria such as setbacks, tree coverage, and minimum room sizes, it will be “deemed to comply” and fast-tracked through the system, avoiding lengthy planning delays and third-party appeals at VCAT.

The government expects the new code to significantly reduce planning permit assessment times, cutting delays by at least 60 per cent.

Minister for Planning Sonya Kilkenny said the reforms aim to streamline approvals for well-designed, sustainable homes that integrate into existing neighbourhoods.

A broader overhaul of the state’s planning system is also underway, with the government pledging to rewrite the Planning and Environment Act 1987 to simplify the process for new housing developments.

Premier Jacinta Allan reinforced the government’s commitment to tackling the housing crisis, stating, “Homes don’t get built when they’re lost in the snakes and ladders of the planning system – so we’re fixing it.”

With Victoria’s housing targets now locked in and planning reforms set to accelerate approvals, the Property Council of Victoria has welcomed the new targets but emphasised the need for tax incentives to encourage investment and ensure housing targets can be met.

Where Melbourne's new homes are going to be built to meet housing targets

Developer Golden Age has started to welcome buyers to its recently completed Glen Waverley townhouse development, Floret.

<a href="/buildings/floret-glen-waverley-583-ferntree-gully-road-glen-waverley">Floret</a>, 77 townhouse designed by Rothelowman, is Glen Waverley's largest townhouse community. The majority of two and three-level townhouses are spoken for.

[smartcode_project:default project_id=104680 project_image_fid=207725]

<a href="/developers/golden-age-group">Golden&nbsp;Age</a>&nbsp;Development Director,&nbsp;Damien Hehir, highlighted the strong market response, noting that Floret delivers what Glen Waverley buyers are looking for.

“These luxury townhomes are in demand as we are catering to what the market and neighbourhood needs," Hehir says.

"Glen Waverley is dominated by family homes, and the success from our completed <a href="/developments/glen-waverley-vic-3150">Glen Waverley</a> project,&nbsp;Sky Garden, lends to our track record with Floret in providing the neighbourhood with architecturally designed residences, curated for several buyer demographics.”

[smartcode_project:default project_id=104680 project_image_fid=207713]

Designed by&nbsp;Rothelowman and Aspect Studios, the two and three-level townhomes provide flexible, multi-generational living.&nbsp; Some&nbsp;of&nbsp;the townhomes come with ground-level ensuite bedrooms offering private courtyard access, while the upper floors create a seamless blend&nbsp;of&nbsp;communal and private spaces.

The 1,000 sqm landscaped central park, featuring a walking track, fitness station, children’s play area, and barbecue facilities, is anticipated to be completed by&nbsp;April 2025.

[smartcode_project:default project_id=104680 project_image_fid=207730]

With an entry price&nbsp;of&nbsp;$1.36 million for a four-bedroom townhome, Floret has attracted young families, downsizers, and first-home buyers looking for a premium lifestyle in a prime location. Positioned near Monash University, The Glen Shopping Centre and in close proximity to the upcoming SRL Monash train station, the development offers both convenience and connectivity.

Construction at&nbsp;583 Ferntree Gully Road&nbsp;remains on track, with&nbsp;final completion scheduled for Q2 2025.

[smartcode_project_cta:default project_id=104680]

Construction at 583 Ferntree Gully Road remains on track, with final completion scheduled for Q2 2025

Golden Age welcomes buyers to first stage of Floret, Glen Waverley townhouses

The Allan Labor Government is introducing a ‘townhouse code’ that will rapidly approve new home buildings up to three storeys tall, so long as they are appropriate for the community that surrounds them and the residents that will live in them.

Premier Jacinta Allan joined Minister for Planning Sonya Kilkenny in Brunswick to release the new code, which is all about turbocharging the approval of more duplexes, townhouses and low-rise apartments for workers and young people – especially in established suburbs close to transport, jobs and services.

If a project ticks all the boxes in the townhouse code, it gets a green light and speeds past a complex planning system – with no costly delays, no VCAT limbo, and no unnecessary bureaucracy – delivering more homes, faster.

The status quo system is plagued with delay and uncertainty

Too many people trying to build a home in Victoria face a system that seems designed to say no. The ‘snakes and ladders’ game of obtaining a planning permit is one of the reasons why Victoria still doesn’t have enough homes – with those who do manage to finish the game often spending too much money absorbing its delays.

The average assessment time for a planning permit is 145 days – well over the statutory deadline. There can be constant requests for ‘more information’ throughout the process, plus notice periods. Then there’s appeals: the average time frame at VCAT from lodgement to hearing is 175 days.

This may be appropriate for a large development. But it’s stifling the kind of new, low-rise, good-quality home building that will fit in with all communities and won’t detract from local character.

The townhouse code

The townhouse code sets basic but important standards for good development, like enough setback and tree coverage so a building suits the neighbourhood, and well-sized bedrooms and decent sunlight so it’s a nice place to live. The standards include, but are not limited to:

<ul>
	<li>Neighbourhood character rules like six metre setbacks at the front, and setbacks at the side and rear</li>
	<li>Tree canopy and open space requirements, including protecting trees that are a certain size</li>
	<li>A mix of 1-, 2- and 3-bedroom apartments in projects of a certain size, to support families</li>
	<li>Protection for neighbours from overlooking and overshadowing</li>
	<li>Enough sunlight, storage, room size, ventilation and private open space for residents</li>
	<li>Buildings that are sustainable and energy efficient</li>
</ul>

A planning permit application will have to include all the evidence it meets the code – which is formally called the Townhouse and Low-Rise Code. When an application is submitted, councils will assess if it meets the code.

If the code is met, the application is ‘deemed to comply’. No more assessment is required. It is fast-tracked. Affected neighbours will be notified and can have their say – but there are no third-party appeals at VCAT.

If the code is not met – for example, because of an issue that affects neighbours – then a normal planning process will then apply. The project may still get the green light at the end of that process, but it won’t be on the ‘deemed to comply’ fast-track and third-party appeal rights will be maintained.

If there are additional permit triggers locally such as heritage or flood overlays – or if there’s a two-storey height limit in a zone – an application will have to comply with these rules as well as meeting the code. But the application won’t have to comply with rules that are already standardised by the code, such as setbacks, design and tree cover.

The code will support significant housing supply across Melbourne and regional Victoria. There are some 1.45 million lots in the key residential zones in Melbourne alone.

The code was developed in conjunction with 148 stakeholders and 61 submissions from Victorian councils. It builds on the 14 ResCode standards introduced in 2023. The Government is also developing a code for buildings between four and six storeys – and hasn’t ruled anything in or out for how that code will work.

Until then, the Government is also updating the standards for four-storey apartments to align with those in the new 1- to 3- storey code – however, ‘deemed to comply’ provisions will not apply through this technical update.

The Townhouse and Low-Rise Code will come into effect via an amendment to all planning schemes, subject to gazettal. You’ll be able to lodge an application through this code in April.&nbsp;

A Planning Act from the 80s needs to enter the 2020s

The 606-page Planning and Environment Act 1987 has been criticised as complex, inconsistent and old-fashioned. It is the definition of the status quo. The Government will rewrite it so good homes aren’t blocked by bad process.

The Government pledged to review the Act as part of its landmark Housing Statement. Now the rewrite can begin around clear goals that will get young people and workers into homes, faster – and we will consult with all 79 councils on it. As part of the rewrite, the Government confirms it will look at:

The time and costs associated with structure plans and rezoning, with possible legislative change to replace the current one-size-fits-all planning scheme amendment process

Focusing on further reducing planning permit delays and blockages, including different assessment and approval processes for projects that have a lesser impact.

Premier Jacinta Allan said the townhouse code is "about a system that says yes."

“Homes don’t get built when they’re lost in the snakes and ladders of the planning system – so we’re fixing it," Allan says.

"The status quo isn’t cutting it, and people trying to build homes for young people keep hearing the word ‘no’. The townhouse code is about a system that says yes."

Minister for Planning Sonya Kilkenny said the code can&nbsp;reduce planning permit assessment times by at least 60 per cent, in addition to the time saved at VCAT.

“We believe in good, comfortable, well-designed homes – that’s why we’re codifying them.”

Minister for Planning Sonya Kilkenny said the code can reduce planning permit assessment times by at least 60 per cent, in addition to the time saved at VCAT

‘Automatic’ approvals to deliver townhouse revolution across Melbourne

Summary:

<ul>
	<li>Primestone Projects launches Iridian Residences, a boutique collection of 21 apartments in Hampton East</li>
	<li>Designed for spacious living, residences include large balconies, courtyards, and abundant natural light</li>
	<li>Centrally located with easy access to amenities, transport, and Melbourne’s bayside lifestyle</li>
</ul>

<hr />
Boutique Melbourne developer,&nbsp;<a href="/developers/primestone-projects">Primestone Projects</a>, has launched its latest new apartment project.

Iridian Residences, a collection of 21 apartments in <a href="/developments/hampton-east-vic-3188">Hampton East</a>, a rare new addition to the suburb's housing stock where just 20 per cent of total dwellings are apartments according to the 2021 ABS Census.

[smartcode_project:default project_id=4072 project_image_fid=325044]

Designed by Axel Baumann of <a href="/architects/planar-arc">Planar Arc Architects &amp; Interior Design</a> to integrate with its established surroundings, Iridian Residences features a refined architectural approach.&nbsp;

The lower levels incorporate curved brickwork to ground the structure, while the upper floors adopt a lighter, pavilion-like form.&nbsp;

[smartcode_project:default project_id=4072 project_image_fid=325049]

<a href="/new-apartments/iridian-residences-hampton-east">Iridian Residences</a> offers just 21 one and two-bedroom apartments, a product mix not often seen in the new development market.

All apartmetns are designed with a focus on spacious, functional living, extending onto sizable balconies and courtyards to enhance indoor-outdoor connectivity.

Natural light is a key feature of the residences, with north and west-facing orientations maximising sunlight and ventilation.&nbsp;

Interiors feature quality fixtures and finishes in a neutral palette, allowing buyers flexibility in styling their homes.

[smartcode_project:default project_id=4072 project_image_fid=325048]

Located centrally within Hampton East, the development is positioned for convenience, with easy access to local amenities and transport links.&nbsp;

The suburb’s proximity to Melbourne’s bayside lifestyle is a drawcard, with the beach just 4.5 kilometres away, along with coastal walking and cycling trails.&nbsp;

Golf enthusiasts will also find themselves within reach of Melbourne’s renowned Sandbelt golf courses.

Construction of Iridian is approaching completion, and buyers will be able to move into their brand new apartments halfway through 2025.

For a limited time, buyers can secure an apartment with a five per cent deposit. Each apartment is priced under $1 million.

[smartcode_project_cta:default project_id=4072]

Iridian Residences offers just 21 one and two-bedroom apartments, a product mix not often seen in the new development market

Iridian Residences to bring rare new apartments to Hampton East as completion approaches

In a move that underscores the sustained demand for large-scale mixed-use development opportunities in metropolitan Melbourne, one of the city’s most significant infill development sites has been acquired by a prominent local developer.

The coveted Kinnear’s Precinct at 124-180 Ballarat Road, <a href="/developments/footscray-vic-3011">Footscray</a>, spanning nearly three hectares, has been snapped up from R&amp;F Property in a deal that highlights the precinct’s immense potential for urban renewal. While the final sale price remains undisclosed, it is understood it was in the vicinity of $40 million.

With an approved development plan already in place, the site can accommodate over 1,200 dwellings, setting the stage for a transformative urban project in one of Melbourne’s most rapidly evolving suburbs.

Footscray has been identified as a ‘Priority Precinct’ by the Victorian Government, a designation aimed at driving coordinated growth and investment to solidify its role as a major hub for residential, commercial, and cultural activities.

<img alt="Major Footscray development site changes hands in landmark deal" data-entity-type="file" data-entity-uuid="e31215d7-7893-43e7-8193-51c1d1062d99" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/124-180%20Ballarat%20Rd%2C%20Footscray%20markup2.JPG?VersionId=VwHkEL3EAGJsBVoN0laeKrKatV2azxx4" />

The Victorian Government’s Housing Statement, which outlines a vision for 800,000 new homes across the state over the next decade, further enhances the appeal of the Kinnear’s Precinct. Coupled with Plan Melbourne’s 70:30 objective to direct the majority of new housing into established areas, the site represents an unparalleled opportunity to deliver large-scale housing close to key services and transport links.

The site itself comprises a mix of partially vacant land and older warehouse buildings, with 128 Ballarat Road featuring a renovated heritage structure alongside a well-established display suite. Positioned within walking distance of public transport options and key infrastructure projects, including the new Footscray Hospital currently under construction, the location is primed for significant redevelopment.

<img alt="Major Footscray development site changes hands in landmark deal" data-entity-type="file" data-entity-uuid="a76e7aa9-196b-4afc-aa9a-fc5ef3fd3179" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/124-180%20Ballarat%20Rd%2C%20Footscray%20markup.JPG?VersionId=A7Hj2HtIhFNzNh.6IFQkFENLIDCG6wxB" />

Cushman &amp; Wakefield’s Joe Kairouz, Hamish Burgess and Leon Ma facilitated the sale following a highly competitive campaign that attracted strong interest from both local and international developers.

“The site’s significant scale, mixed-use zoning, approved staged development plan, and proximity to major employment hubs and lifestyle amenities attracted widespread interest, with a locally based developer ultimately securing the site under highly competitive terms,” Kairouz said.

Hamish Burgess said The Kinnear’s Precinct represents Melbourne’s premier opportunity to develop a world-class mixed-use project that harmoniously integrates Footscray’s rich history with modern placemaking.

"Its proximity to Melbourne’s CBD, combined with the area’s abundant amenities, makes it an exceptional location for creating a truly unique development.”

Demand for Melbourne apartment development sites ramps up as $40m Footscray block sells

Prahran's new apartment market is set for a bumper 2025, with several developments soon to come to market.

Tom Howgate's <a href="/developers/kincrest">Kincrest</a> is soon to launch <a href="/new-apartments/the-osment-prahran-3-7-grattan-street-prahran">The Osment</a>, 22 apartments overlooking Grattan Gardens, while Adam Coff's <a href="/developers/coff-property-group">Coff Property Group</a> recently secured approval for <a href="/news/vic/coff-property-secure-permit-for-luxury-prahran-townhouses">17 townhouses on Chomley Street</a>.

The latest entrant to the market is B&amp;B Property Group, who have secured the longtime St Edmonds Road home of InterFlora, the international flower and gift distributor, who hve ben in the two-level office building for the last two decades.

They will be finalising plans over 2025, but won't settle on the $9 million purchase until 2026 when Interflora relocate their new head office in <a href="/developments/west-melbourne-vic-3003">West Melbourne</a>.

Gorman Commercial's&nbsp;Peter Bremner and Jonathon McCormack secured the Prahran sale of the 964 sqm site which came with a&nbsp;design and development overlay allowing multi-level apartments or a mixed-use development to be built on the site.

The property is centrally positioned in Prahran just off Greville Street near Prahran Train station and Chapel Street, and between Malvern Road &amp; High Street.

Ben Buxton of B&amp;B Property Group said St Edmonds Road is a&nbsp;standout street <a href="/developments/prahran-vic-3181">in the suburb</a>.

"The site and location presented us with a great opportunity to introduce an above market product to one of Melbourne’s oldest and most eclectic locales," Buxton says.

"The proposed building, designed by Cera Stribley Architects is a timeless homage to the colourful and creative spirit of the area."

The apartments, which will sit above ground-floor commercial and retail offerings, will be enveloped in landscaping by Jack Merlo and feature interiors by Hecker Guthrie.

Gorman Commercial's&nbsp;Peter Bremner said the show of confidence by B&amp;B Property Group to acquire the site despite some continuing headwinds in the development market indicates the strength of the location and lack of future supply of sites in this central Prahran area.

“There was interest in the property from owner occupiers seeking to buy the building for their own office headquarters, but as it turned out the development value exceeded the office value which can often happen in these prime inner city fringe locations."

Prahran new property market set for busy 2025

Summary:

<ul>
	<li>Hamton has revealed the first stage of&nbsp;Scotch Hill Gardens in Hawthorn</li>
	<li>The first stage will comprise 146 residences across three buildings</li>
	<li>Stage 1 sales are now open, with construction starting in Q3 and completion in early 2027</li>
	<li>Approved under Victoria’s Development Facilitation Program, the project was fast-tracked by 12 months</li>
</ul>

&nbsp;

<hr />
&nbsp;

Prominent developer <a href="/developers/hamton">Hamton</a> has lit a fuse under Melbourne’s off the plan apartment market, kicking off sales at one of the capital’s most anticipated new communities in 2025.

Hamton, the developer behind the $3 billion redevelopment of the Moonee Valley Racecourse, Moonee Valley Park, has launched sales of the residences at its $550 million Scotch Hill Gardens.

[smartcode_project:default project_id=149097 project_image_fid=327631]

Hamton held an Open House event at the weekend to give buyers an early look at the project. Residences in the first three buildings - The Tate, The Woodburn, and The Ingleburn are now available to purchase. The trio of buildings will deliver 146 residences planned for the prime site on Robinson Road.&nbsp;

Construction of the three buildings will kick off in Q3 2025, and will be welcoming residents in early 2027.

[smartcode_project:default project_id=149097 project_image_fid=327640]

Located in the sought-after Scotch Hill precinct, Scotch Hill Gardens will comprise of one, two and three-bedroom residences designed by&nbsp;<a href="/architects/woods-bagot">Woods Bagot</a>, with views of surrounding treetops, landscaped gardens, and the city skyline.

Residents will have access to a range of amenities, including a bathhouse with wellness facilities, a gym, co-working spaces, and communal dining and lounge areas.&nbsp;

[smartcode_project:default project_id=149097 project_image_fid=327706]

The planned revitalisation of the Bill Street Retail Village will further enhance the convenience of the location, with shops and cafés on the projects’ doorstep.&nbsp;

Scotch Hill Gardens is one of the largest projects to be approved under Victoria’s Development Facilitation Program, following a streamlined approval process which accelerated its timeline by approximately 12 months.

[smartcode_project:default project_id=149097 project_image_fid=327664]

The site was formerly owned by the University of Melbourne, with Hamton securing the purchase in early 2024 following a rezoning process overseen by the Planning Minister.

Hamton’s latest project is expected to attract interest from local downsizers, professionals, families, and investors looking for high-quality residences in Melbourne’s inner east.

Hamton’s Founder and Executive Chairman, Paul Hameister OAM, said Scotch Hill Gardens will create a rare opportunity for buyers in a premium suburb that is highly sought-after.

[smartcode_project_cta:default project_id=149097]

Construction of the three buildings will kick off in Q3 2025, and will be welcoming residents in early 2027

Hamton launches sales at Scotch Hill Gardens, Hawthorn 

Summary:

<ul>
	<li aria-level="1">The Regent revives Fitzroy’s historic Regent Theatre with modern design</li>
	<li aria-level="1">Studio Tate interiors offer two distinct styles with customisation options</li>
	<li aria-level="1">Prime location near cafes, dining, galleries, and tram connections</li>
	<li aria-level="1">Rooftop, guest suite, workshop, and dog wash to enhance resident living</li>
</ul>

&nbsp;

<hr />
&nbsp;

Melbourne developer SMA Projects almost doesn't see itself as a developer.

"We feel like we're more of a lifestyle creator," <a href="/developers/sma-projects">SMA Projects</a> Founder Martin Strode says, adding that they want to create spaces that enhance the way people live, through clever design, architectural features, and prime location of their projects.

When the opportunity to secure the former Regent Theatre site in <a href="/developments/fitzroy-vic-3065">Fitzroy</a>, it allowed them to tick all three of those boxes.

"While the Regent Theatre is long gone, we had a head start in the design phase because we knew how we wanted the building to look before we even secured the site. We had a bit of a blueprint as to the architectural integrity of the sites former life, and how we could reimagine it into a 21st century apartment building," Strode says.

[smartcode_project:default project_id=24824 project_image_fid=304614]

SMA called on&nbsp;<a href="/architects/hayball">Hayball</a>, who they have been collaborating with across several architecturally-significant developments over the past two decades, to draw inspiration from the theatre's Art Deco past, incorporating arched ceilings and period-inspired details.&nbsp;

The Art Deco influence is immediately evident, beginning with the streetscape and extending into the lobby. Curved walls, elegant pendant lighting, and custom-designed, 70s-inspired mirrors capture the essence of a bygone era.

[smartcode_project:default project_id=24824 project_image_fid=304762]

It was important the apartment interiors followed the same style, so the brief to<a href="/interior-designers/studio-tate"> Studio Tate</a> was of a similar narrative.

While also wanting to be flexible and give buyers a level of customisation which SMA believes is incredibly important in off the plan purchasing, Studio Tate put together two distinct designs; the light and refined Classic Collection, influenced by Nordic minimalism, and the dramatic, moody Arthouse Collection, inspired by Fitzroy’s artistic edge.&nbsp;

[smartcode_project:default project_id=24824 project_image_fid=304606]

SMA’s philosophy is that buildings are about more than just the apartments. They make a conscious effort to create spaces where residents can gather, always staying true to their core belief of making life easier for those who live there.

Crowning the nine-level building will be a 315 sqm rooftop which will act as a shared space for residents to gather, eat, drink, and take in uninterrupted views of the Melbourne skyline.

[smartcode_project:default project_id=24824 project_image_fid=304765]

One of the more innovative features designed by SMA is the inclusion of a guest suite, exclusively available for residents to book. This thoughtful addition functions like a private spare bedroom, providing a convenient space for family or friends to stay.&nbsp;

In response to the 2023 Victorian pet census, which revealed that nearly 60% of Victorian adults own pets—particularly dogs—SMA also incorporated a dedicated dog wash facility within the building. Residents will enjoy the added convenience of a concierge service, available to handle everything from managing deliveries to making restaurant reservations and much more.

While SMA will be bringing doorstep convenience in the form of several retail spaces on the ground floor, of which at least one will likely be a cafe, <a href="/new-apartments/the-regent-fitzroy-340-fitzroy-street-fitzroy-vic-3065">The Regent</a> is strategically located in the cultural heart of Fitzroy.

[smartcode_project:default project_id=24824 project_image_fid=304612]

The Fitzroy Street address places residents just seconds from Johnston Street, one of Melbourne’s most popular areas for cafés, dining, galleries, and nightlife.&nbsp;

Johnston Street also serves as a convenient thoroughfare, connecting west to Abbotsford and east to Carlton. The 96 tram, located just five minutes from The Regent at the intersection of Johnston and Nicholson Streets, provides direct access through the CBD and all the way to St Kilda Beach.

Victoria's new off the plan apartment savings apply to all 64 one, two, and three-bedroom apartments at The Regent, but only for a limited time.

[smartcode_project_cta:default project_id=24824]

SMA makes a conscious effort to create spaces where residents can gather, always staying true to their core belief of making life easier for those who live there.

Latest Victoria Property News

Smith by Valli delivers a refined collection of luxury residences to Melbourne’s inner north

Editor's Picks

Developments

New apartments

New townhouses

News

Latest Victoria Property News

Smith by Valli delivers a refined collection of luxury residences to Melbourne’s inner north

Editor's Picks

Receive the latest news stories to your inbox

Developments

New apartments

New townhouses

News