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

Joel Robinson

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

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

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

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

Kooyongkoot wins Gold and Silver at Better Future Melbourne Design Awards

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

The apartment price gap drawing Sydney buyers west

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

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

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

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

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

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

Every First Home Owner Grant for new property by state

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

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

Staff Writer

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

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

alisonwarters@gmail.com

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

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

Ellen Walker

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

Urban takes a look at six sleek new apartments in Melbourne on the market right now.

1. <a href="/buildings/hawthorn-park-33-camberwell-road-hawthorn-east">Hawthorn Park, Hawthorn East</a> 
Address: 33 Camberwell Road, Hawthorn East VIC 3123 
Two-bedroom apartments from $670,000

[smartcode_project:default project_id=3730]

Located in one of Melbourne&rsquo;s premier suburbs, Hawthorn Park provides a sophisticated residential mid-rise offering luxury and convenience. Delivered by the Dahua Group, the project is expected to reach completion early 2021, boasting amenities that include massage suites, a splash pool, a sky lounge and garden pavilion.

Designed by Rothelowman, the homes feature state-of-the-art kitchens, high-quality appliances, and entertaining areas. The residence&rsquo;s large garden balcony provides views of the communal park, where residents are invited to grow their own produce. 
&nbsp;

2. <a href="/buildings/omnia-4-6-horscroft-place-moorabbin">Omnia, Moorabbin</a> 
Address: 4-6 Horscroft Place, Moorabbin VIC 3189 
Request apartment pricing &amp; floorplans from agent

[smartcode_project:default project_id=29048]

<a class="colorbox colorbox-insert-image" href="/buildings/omnia-4-6-horscroft-place-moorabbin" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="358" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/omnia.jpg?itok=9ohwOzyl" width="580" /></a>

Delivered by Shenfield Property and designed by Roger Brayshaw Architects, Omnia offers an exceptional selection of living spaces. Well-proportioned interiors, designed by Aldona Padjak feature timeless sophistication, open-plan living and modern style. The home&rsquo;s include park frontage, energy efficient design and north-facing aspects that capture natural lifght.

The development is located in close proximity to Moorabbin train station and wonderful local community facilities, including the $30 million redevelopment of the St Kilda Football Club and surrounding parkland. 
&nbsp;

3. <a href="/buildings/sandy-hill-penthouse-222-bay-road-sandringham">Sandy Hill Penthouse, Sandringham</a> 
Address: 222 Bay Road, Sandringham VIC 3191 
Three-bedroom apartments from $1,900,000

[smartcode_project:default project_id=324]

<a class="colorbox colorbox-insert-image" href="/buildings/sandy-hill-penthouse-222-bay-road-sandringham" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="350" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/sandy-hill-penthouse-222-bay-road-sandringham-7de23a92744a07dc80b36025b2e471e9.jpeg?itok=hIxMUh1D" width="580" /></a>

Blueprint Projects&rsquo; recently completed development, Sandy Hill offers 187 three-bedroom residences in Melbourne&rsquo;s bayside area. Designed for low-maintenance luxury living, the apartments offer parquetry flooring, private balcony and a lavish island breakfast bar.

The residence, architecturally designed by Watson Young Architects, boasts executive style living, with wrap-around terrace, complex facilities and electric fireplace. 
&nbsp;

4. <a href="/buildings/parkhill-apartments-west-melbourne-408-spencer-street-west-melbourne">Parkhill Apartments, West Melbourne</a> 
Address: 408 Spencer Street, West Melbourne VIC 3003 
Two-bedroom apartments from $619,000

[smartcode_project:default project_id=27406]

<a class="colorbox colorbox-insert-image" href="/buildings/parkhill-apartments-west-melbourne-408-spencer-street-west-melbourne" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="326" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/81e9f9f7-61a7-4331-98b6-0a6472ba96bd-w3000-h1688.jpeg?itok=vL6Mppok" width="580" /></a>

Minutes from Queen Victoria Market, transport links and Flagstaff Gardens, Central Equity&rsquo;s Parkhill Apartments project is the ideal home for young professionals. The stylish apartment design includes German tapware, spacious bedrooms and a 6.5 star energy rating.

Amenities within the project include seven-day concierge service, a rooftop gym and relaxing rooftop garden, complete with barbeques and outdoor seating areas. 
&nbsp;

5. <a href="/buildings/vista-apartments-9-remington-drive-highett">Vista Apartments, Highett</a> 
Address: 9 Remington Drive, Highett VIC 3190 
Two-bedroom apartments from $660,000

[smartcode_project:default project_id=3303]

<a class="colorbox colorbox-insert-image" href="/buildings/vista-apartments-9-remington-drive-highett" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="387" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/j000306_9remingtondr_049.jpg?itok=5EFVE_HZ" width="580" /></a>

Hallmarc&rsquo;s latest offering in the bayside suburb of Highett is the 154-apartment project, Vista Apartments. Designed to accommodate a modern lifestyle, residences within the development feature open-plan living areas, rustic timber flooring and a large breakfast bar for social dining and entertaining.

Residents at the Highett residence will have access to a state-of-the-art heated swimming pool and fully-equipped gym, just minutes from Sandringham Beach and its bayside eateries. 
&nbsp;

6. <a href="/buildings/volaire-9-dryburgh-street-west-melbourne">Volaire, West Melbourne</a> 
Address: 9 Dryburgh Street, West Melbourne VIC 3003 
Two-bedroom apartments from $599,000

[smartcode_project:default project_id=2407]

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="525" src="https://www.youtube.com/embed/2A3Q1OhUVBA" width="1034"></iframe>

Comprising over 150 apartments spread across ten floors, Volaire&rsquo;s sleek design provides residents with the ultimate comfort and convenience. Delivered by Cbus and designed by Hayball, the West Melbourne project is located adjacent to the CBD and offers multiple built-in amenities.

Residents can enjoy their downtime on the sixth-floor Sky Podium, which includes both barbeque and lounge areas, as well as a communal garden and breathtaking city views.

Urban takes a look at six sleek new apartments in Melbourne on the market right now

max.kwok_55688

Six sleek new apartments in Melbourne

The ASX listed developer Cedar Woods has acquired a 21.7 hectare site in Melbourne’s north, immediately adjacent to the company’s existing Mason Quarter project in Wollert.&nbsp;

The combined project will accommodate a master planned community of around 800 lots plus two proposed school sites.

[smartcode_project:default project_id=99962 project_image_fid=160810]

The additional land, described as a strategic acquisition, was purchased for $30 million from a private land owner.

The payment has been deferred until 2022.&nbsp;

Mason Quarter comes with a proposed town centre, a future train station, schools, community facilities, walking and cycling paths, and parks.&nbsp;

Cedar Woods’ Managing Director, Nathan Blackburne, said the acquisition utilised “its strong balance sheet to take advantage of this favourable time in the property cycle.”

[smartcode_project:default project_id=95340 project_image_fid=160803]

“We’re confident that the Melbourne land subdivision market will benefit from continued housing demand and perform well as Victoria continues its economic recovery,” said Mr Blackburne.

The combined site increases Mason Quarter’s frontage to Craigieburn Road.

[smartcode_project_cta: project_id=99962]

The combined project will accommodate a master planned community of around 800 lots plus two school sites.

jchancellor

Developer Cedar Woods acquires 21 hectare site in Melbourne’s Wollert adjacent to their Mason Quarter project 

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<h2>OPINION:</h2>

Having worked in the industry continuously for many years, I have seen property trends come and go and come again, and I believe right now is a particularly interesting time. For the first time in many years, decades even, First Home Buyers have more opportunity than ever to get themselves onto the property ladder.

It’s been well documented that Millennials in particular have found buying their first home a lot more difficult than previous generations, so the government grants and stamp duty exemptions on offer right now are particularly welcome – however many people are not actually aware of what is available to them, or that they might be closer than they think to owning their own place.

Although it seems that word of all the assistance available is reaching a few savvy purchasers, our main source of enquiry are first home buyers at our newest project in Brunswick, <a href="/buildings/brunswick-yard-8-ballarat-street-brunswick">Brunswick Yard</a>. The combination of historically low-interest rates of c. 1% (cash rate) and government grants have really boosted appetite for entry-level property product. For first home buyers in particular, it's not servicing the loan that is the biggest problem, it's saving the deposit in the first place. Conversely, some people have come through the Melbourne Covid lockdown with more money in their savings accounts than previously, especially when you add in early superannuation withdrawal.

We are seeing that young people are viewing this time as a unique time to step onto the first rung of the property ladder and really capitalising on the government grants and financial assistance. There is a lot of movement in the market. The Residential <a href="/news/everything-you-need-to-know-about-australias-25-000-homebuilder-grant-how-much-off-the-plan-homebuyers-could-save">Homebuilders Grant</a> has been extended to the end of March 2021, albeit at a reduced rate of $15,000. The grant is available to individuals with annual income below $125k a year, or couples with a combined income of up to $200k based on 2018-19 tax returns.

<a href="/guides/how-to-navigate-australias-first-home-buyer-grants" target="_blank">First Home Buyers’ Grant</a> is a Victorian state grant for property purchases up to $750k. The grant is for $10k for inner-city and $20k for regional locations. And most excitingly, First Home Buyers purchasing their first place up to $750K receive stamp duty 
concessions. If your home has a dutiable value of $600,000 or less, you receive the first home buyer duty exemption (no stamp duty payable). However, if your home has a dutiable value of $600,001 up to $750,000, then you receive the first home buyer duty concession of 50% reduction of stamp duty.

What I believe to be the most interesting thing about all of the above, is that these grants and concessions can be compounded! So, if you are eligible for them all, then you could be saving yourself many tens of thousands of dollars! If you are looking to buy in the Brunswick area, and in particular are looking at off-the-plan projects such as the one my team and I are working on at Brunswick Yard, I would also impart advice on what to look out for to ensure you are putting yourself in a good financial position for the future.

We only work on projects that we believe are positive contributions to the area and our city. I believe that Brunswick Yard is a good example of how medium-density living can add to (not deflect from) inner-urban living and the built realm, as there is an important equation of location + design - price to consider. This is something especially true if the project is considerate to its community and the people residing and working in the area.

Firstly, location is everything. Location informs the character and identity of a building. In real estate, a corner site is always preferable because of the views and aspects it provides. A corner site also anchors the look and feel of the block.

Next, do your research on the architect and the developer. If they are well regarded and have a strong track record, then you can rest assured you are in safe hands and your project won’t fall behind schedule. Looking at our Brunswick Yard project from a design perspective, the architect, Chris McCue of Carr respects the urban landscape but is looking to add more nature for residences of Brunswick through biophilic design references through the building. Brunswick Yard is wrapped in a growing green vine which provides fresh air reticulation and privacy. There’s also a central courtyard that will bring light into the residences and provide a space for residents to have BBQs and makes it much more likely for meaningful interactions to take place which over time leads to a sense of community. The <a href="/news/apartments-now-90-sold-biophilic-design-a-key-contributor-to-melbourne-quarters-sales-success">biophilia</a> hypothesis is the idea that humans have a need to connect to nature due to our evolutionary dependence on nature for survival and personal fulfilment. 

Finally, one more hot tip would be on parking as it’s a contentious topic for purchasers. This too is well considered with Brunswick Yard with generous residential parking of 144 car spaces and 175 bike parks will alleviate traffic congestion in the community. Non-stacker parking is always attractive to residents!
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Olivia Round

First Home Ownership and Brunswick Yard

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The Toorak home of the former MasterChef judge George Calombaris has finally settled at $8.8 million.

The five-bedroom house was bought in the name of his wife, Natalie Tricarico, for $4.75 million in 2013.

The buyer was Ka Ning Cheung, who is a director of corporate entities CHZH Finance Pty Ltd and CHZH Investment Pty Ltd.

Cheung placed a purchasing caveat on the title last October.

The McMaster Court home listing came last February.

The French provincial-style home was listed as the hospitality empire Calombaris founded, MAdE Establishment, was placed into voluntary administration.
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The five-bedroom house was bought in the name of his wife, Natalie Tricarico, for $4.75 million in 2013.



Former Masterchef judge George Calombaris scores $8.8 million in Toorak

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The diversified developer ID_Land has spent $40 million buying two adjoining sites in Geelong's Armstrong Creek which will add over 500 greenfield lots and $135m to its rapidly growing pipeline.

Planning is currently underway for the project, dubbed The Reserve, with the project slated to hit the market early this year.

Regional property sales have experienced significant growth this year, driven by a shift in work- from-home habits, an increased focus on lifestyle amenity, and government stimulus.

ID_Land’s joint managing directors Matthew Belford and Jeffrey Garvey believe the strategic acquisition of the two Geelong parcels will anchor the developer’s regional portfolio and complement its built-form pipeline.

“Throughout 2020, regional projects have consistently outperformed other growth corridors, and we are predicting strong demand to continue over the coming years," the development duo said.

"The other part of our portfolio where we are seeing sustained demand is for medium and high- density living is in the inner ring of metropolitan Melbourne, both of which reinforce the need for diverse housing options throughout regional and metropolitan Melbourne.

“Strong sales across our regional portfolio is reinforcing our team’s belief that regional markets are undergoing a generational shift; the trend towards regional living continues to grow, particularly in the wake of COVID-19 and the rethink in lifestyle priorities it has elicited among buyers.

“Armstrong Creek is an area we have great confidence in, it is an infrastructure-rich location that benefit from a well thought-out precinct structure plan, continued investment from private enterprises and government, and the economic tailwinds created by its forecasted population growth,” Belford said.

“Our regional holdings currently encompass approximately 30% of our portfolio – $250m across the 615-lot Willow in Gisborne, and over 1000 lots at Watermark and Glenlee in Armstrong Creek, which have a combined value of $275m – regional projects will continue to be a focus, given the ongoing demand for high-quality housing stock, available government stimulus, and scarcity of supply across some locales,” Garvey said.

<h2>ID_Land Projects</h2>

<h2><a href="/buildings/yarraville-place-2-banool-avenue-yarraville">Yarraville Place, Yarraville</a></h2>

Address: 2 Banool Avenue, Yarraville, VIC 3013

Prices from: $820,000

<img alt="" height="914" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/yarraville.jpg" width="1200">

Only six townhouses remains in Yarraville Place, a collection of three bedroom townhouses designed by the award-winning architecture firm Rothelowman. Estimated for completion in early 2022, Yarraville Place townhouses have three or four bedrooms, two bathrooms and off-street parking. They're estimated to be completed in early 2022.

<h2><a href="/buildings/canvas-272-barkly-street-brunswick">Canvas, Brunswick</a></h2>

Address: 272 Barkly Street, Brunswick VIC 3056

Prices from: $440,000

<img alt="" height="865" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/canvas_brunswick_0.jpg" width="1200">

Canvas was ID_Land's first foray in to the apartment sector, with sales launching in October 2020 for the apartments on Brunswick's sought-after Barkly Street. Another designed by Rothelowman with interiors by Hecker Guthrie, Canvas' façade pays homage to Brunswick’s industrial past. Formed by concrete construction and urban design principles, the visual grid spans the building, framing each apartment.

It comprises 62 one, two and three bedroom apartments, with one bed apartments starting from $440,000 and two bedroom apartments priced from $680,000, with parking.

<a href="/buildings/the-walter-2-6-walter-street-hadfield">The Walter, Hadfield</a>

Address: 2-6 Walter Street, Hadfield VIC 3046

Prices from: $635,000

<img alt="" height="782" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/the_walter.jpg" width="1200">

The Walter is one of ID_Land's finished projects in Melbourne's northern suburb of Hadfield.

Architecturally designed by Peddle Thorp, The Walter comprises 64 townhouses with prices starting from $635,000 for townhouses spanning between 120 sqm and 124 sqm of living space. To get 144 sqm of living space, prices edge up to $685,000.

 

 

 
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Planning is currently underway for the project, dubbed The Reserve, with the project slated to hit the market early this year.

Developer ID_Land buys two Armstrong Creek sites with plans for 500 greenlots

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The near $300 million sale to Chinese interests of the building contractor Probuild has fallen through, after Treasurer Josh Frydenberg declared the transaction as contrary to Australia's interest.

The Australian Financial Review reported Frydenberg deemed that Probuild was a significant player in a sector that was critical to Australia's economic and social wellbeing.

China State Construction Engineering Corporation, the state-owned Chinese company, has withdrawn its offer.

The major building contractor is Melbourne-based and largely South African-owned. Late last year Probuild won the National Construction Master Builder of the Year and National High-Rise Apartment Building for The Towers and Ritz Carlton at Elizabeth Quay Project in Perth at the 2020 Master Builders National Excellence in Building and Construction Awards.

The offer attracted rigorous Foreign Investment Review Board scrutiny given the Chinese state-owned builder is the largest construction company in the world.

It has been active in Australia.

The Australian newspaper’s DataRoom column first reported CSCEC’s interest in Probuild in June last year.

Probuild’s parent, South African infrastructure contractor WBHO, holds an 88 per cent interest.

The Probuild founder Phil Mehrten stepped down from the construction group on its 30th anniversary in 2017, when it had a national project pipeline of $5 billion and annual revenue of $2 billion.

The small team’s key early project was to refurbish a shopping centre at Altona Gate in Melbourne’s west.

It went onto projects including Chadstone Shopping Centre, where it has worked on its many major expansions since 1988.

Mehrten took on partners including Wayne Judson and Ted Yencken, then  equity backing from the South Africa-listed WBHO which enabled Probuild to better compete with multinationals.
</body></html>

China State Construction Engineering Corporation, the state-owned Chinese company, has withdrawn its offer.

Near $300 million sale of Probuild to Chinese interests falls through

<html><body>
The international DJ Carl Cox and the veteran music promoter Richie McNeill, who started music festival Stereosonic, are selling their successful holiday rental accomodation in the Victorian Alpine.

They’re seeking for over $2 million for the Myrtleford property which they had built in by the Windsor-based RAID Studio, after the pair paid $210,000 for a vacant two hectare block back in 2009.

Since 2013 it’s been a successful high-end holiday rental, known as Tatoonie, which gets booked at over $700 a night midweek and $2,200 for two nights over Friday and Saturday.

<img alt="" height="789" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/cox_3.jpg" width="1200">

Offered fully furnished, the home is split in to an east and west wing to divide the accomodation and living spaces.

The east wing is made up of four bedrooms, including two master bedrooms, a queen bedroom and a bedroom with four king single bunks which allows for rentals up to 13 guests.

The west wing is the living space which has a home office, and the hub of the living space, an open plan main kitchen, living and dining area with polished aggregate floors, created using local stone, with in slab floor heating and an open fireplace with woodbox.

<img alt="" height="783" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/cox_2.jpg" width="1200">

The concrete kitchen bench top with wooden breakfast bar matches the hand made wooden table. The space opens to an outdoor deck with in ground salt chlorinated swimming pool, an outdoor shower, toilet, four person sauna and an outdoor barbecue.

In the grounds there’s a custom colorbond grey shed.

Ray White Myrtleford agents Sandra Dondio and Scott McMasters have the listing.

Cox has owned a home on the Mornington Peninsula since 2006 when he bought a home in Frankston South where he has spent his time during the COVID-19 pandemic.

<h2>Properties in Victoria selling now:</h2>

[smartcode_project:default project_id=600]

[smartcode_project:default project_id=29358]

[smartcode_project:default project_id=92985]
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They’re seeking for over $2 million for the Myrtleford property which they had built in by the Windsor-based RAID Studio

International DJ Carl Cox and veteran promoter Richie McNeill list Victorian Alpine holiday let

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Apartments of Melbourne, which specialised in short stay Melbourne apartment accommodation, has gone into administration.

It is being liquidated by Cor Cordis partner Sam Kaso.

The business had turn over of more than $10 million annually from 160 serviced apartments in Empire Melbourne Central, 555 Flinders Street, and 568 Collins Street.

The collapse of business travel has been blamed for the administration, along with rival accommodation hitting the market from the online booking site Airbnb. 

At its peak, Apartments of Melbourne employed 52 people, according to director Neil Devonport.

Booking.com. and the ATO rank among its bigger creditors, according to The Australian, with creditors owed around $1 million.

Apartments of Melbourne started in 2015.

Devonport told The Australian almost 25,000 rentals had come on to the Melbourne market in the last six months, with over half being short-stay apartments where operators had walked away.
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The collapse of business travel has been blamed for the administration, along with rival accommodation hitting the market from Airbnb



Short-stay accommodation provider Apartments of Melbourne goes into liquidation

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The Sorrento home which was the architecturally designed winner of 2017 HIA Victorian Housing Award for custom built regional homes has been listed for sale at $3.15 million.

Set in a lush coastal garden at 15 Rose Street, the home’s features include an eight metre long drystacked limestone wall which acts as a focal point of the living room which was undertaken by a local artisan stonemason

Its Kay &amp; Burton listing agent Liz Jensen notes from the Carrara marble bench tops to the parquetry oak floors, to the cabinetry and imported light fittings, that “high-quality materials are used to the greatest effect.”

The home comes with custom built sauna and wellbeing retreat/sitting room.

There are double glazed windows, hydronic heating, wood burning open fireplace, and reverse cycle air-conditioning.

The 680 sqm block cost $1.55 million in 2014.
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The Sorrento home was the winner of 2017 HIA Victorian Housing Award for custom built regional homes.

Sorrento HIA award-winner listed for sale

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Victoria’s property market is likely to rebound with high levels of activity forecasted in the new year.

According to Barry Plant chief executive Mike McCarthy, Melbourne is likely to see recovery in the outer-suburbs first, while traditionally it is the inner-suburbs that lead the recovery. Townhouses and single-level units are likely to continue to gain value, McCarthy said.

Not only do townhomes represent an attractive investment to investors, but families are choosing to take advantage of their affordability and low maintenance. Urban takes a look at four three-bedroom townhomes you can secure in Victoria for under $650,000.  

1. <a href="/new-townhouses/marshal-place-marshal-place-williams-landing">Marshal Place, Williams Landing</a> 
Address: 100 Overton Road, Williams Landing VIC 3027 
Three-bedroom townhomes from $549,000

[smartcode_project:default project_id=29660]

Cedar Woods’ Marshal Place is a collection of nine three and four-bedroom townhomes, located just 20-kilometres from the Melbourne CBD. The homes, which offer turn-key and hassle-free options, are backed with a 10-year structural guarantee.

Four-bedroom townhouses start from an affordable $555,000 and include light-filled living rooms, contemporary design and an engineered stone benchtop.

2. <a href="/new-townhouses/highlands-1-north-shore-drive-craigieburn">Eastside at Highlands, Craigieburn</a>

Address: 1 North Shore Drive, Craigieburn VIC 3064 
Three-bedroom townhomes from $465,000.

[smartcode_project:default project_id=92985]

Stockland are offering three bedroom townhouses in their Craigeburn development Eastside at Highlands starting from just $465,000. There are two bedroom townhouses available from $415,000.

The development is located in the growing suburb on the edge of Melbourne, within walking distance to Craigieburn Central Shopping Centre, Aitken Creek Primary School and the award-winning Treehouse park.

3. <a href="/new-townhouses/st-a-1-griffiths-street-st-albans">St. A, St Albans</a>

Address: 1 Griffiths Street, St Albans VIC 3021

Three bedroom townhomes from $524,000.

[smartcode_project:default project_id=7633]

St A. is the new townhouse development from renowned developer Cedar Woods. Estimated to be completed in mid-2022, St A. will comprise 254 townhouses with six different floor plans. The townhouses are designed by the well known DKO Architecture with three bed configurations starting from $589,000. There are two bedroom townhouses priced from $524,000 and four bedroom townhouses from $644,000.

4. Sixth Avenue, Chelsea Heights 
Address: 15 Sixth Avenue, Chelsea Heights VIC 3196 
Three-bedroom townhomes from $650,000

[smartcode_project:default project_id=32136]

Sixth Avenue, delivered by the Aultun Group offers coastal living in Chelsea Heights, ideal for families or downsizers. Boasting a collection of 59 two, three and four-bedroom residences, the project offers the premium location for all lifestyles.

Designed by Point Architects, the development features light-filled interiors, bespoke landscaping and recreational amenities within easy reach.  

NB: This article was updated for March
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Not only do townhomes represent an attractive investment to investors, but families are choosing to take advantage of their affordability and low maintenance

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