Queensland builder-developer MAYD has revealed the first look at its major North Kirra beachfront development, lodging amended plans that reduce the number of apartments and increase the proportion of larger residences.

The project is planned across a substantial 4,742 sqm amalgamated site spanning seven lots at <a href="https://www.apartments.com.au/new-apartments/2-6-pacific-parade-bilinga-qld-4225">2-6 Pacific Parade</a> and 27-33 Golden Four Drive in Bilin​ga, directly opposite Nor​th Kirra Beach.

<a href="https://www.apartments.com.au/developers/mayd-group">MAYD</a> secured the site for $32.5 million in 2025, in what was one of the Gold Coast's largest property transactions of the year.

The development will be delivered across two stages, with the first stage carrying an estimated gross realisation value of around $360 million.

The latest amendments seek to reduce the overall apartment count and shift the project further toward the owner-occupier market, with larger residences designed for buyers wanting considerably more space than traditionally offered in a beachfront apartment.

The residential mix will include townhomes, oversized two-bedroom apartments, substantial three-bedroom residences and four-bedroom homes.

MAYD has appointed Cera Stribley to lead the architecture and interiors, with the Melbourne-based design practice drawing on the beachfront setting through a series of ocean-facing terraces and heavily landscaped balconies.

Strong horizontal forms and curved balconies will define the exterior, with subtropical landscaping integrated throughout the building to soften the built form and increase the connection between the residences and the beachfront.

The project will also include an extensive collection of resident wellness and lifestyle facilities, continuing the broader shift across the Gold Coast's luxury apartment market toward larger homes supported by resort-style amenity.

<img alt="MAYD" data-entity-type="file" data-entity-uuid="d1bcbb05-e659-4b47-8bd4-1e595315e2ad" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-27%20at%202.05.03%E2%80%AFPM.png?VersionId=jj0XEud1X1DuLt7_KyElhjMdZGOXmLHP" />

MAYD Founder Todd Mould said North Kirra was increasingly appealing to buyers attracted to the more established, lower-density character of the southern Gold Coast.

"North Kirra presents one of the most compelling luxury residential opportunities currently emerging in Australia, combining absolute beachfront with the character and authenticity that buyers are increasingly seeking, and the same sense of tight-knit community that defined Burleigh and Currumbin perhaps 10 or 15 years ago," Mould said.

"With Gold Coast Airport on its doorstep, it also offers a level of accessibility that broadens its appeal across almost every market demographic."

The project comes as the southern Gold Coast continues to attract an increasing share of high-end apartment development and buyer activity.

Kirra in particular has emerged as one of the region's more tightly held beachfront markets, with its relatively low-density character, established surf and hospitality scene and proximity to Gold Coast Airport differentiating it from the higher-density markets further north.

Mould said those characteristics had informed the approach MAYD and Cera Stribley had taken to the project.

"We've worked closely with Cera Stribley to create a vision that is deeply connected to its surroundings," he said.

"Inspired by the coastline itself, the architecture has been shaped around space, privacy and resort-style living, creating a collection of homes that reflects the next generation of luxury on the southern Gold Coast."

MOTIV Managing Director Carly Cottam, who has been appointed to market the project, said buyer attention had continued to move south along the Gold Coast.

"Purchasers who may once have defaulted to Broadbeach, Main Beach or Surfers Paradise are increasingly recognising the value of a genuine beachfront location that offers lower density, strong amenity and a more established sense of community," Cottam said.

"Kirra has a powerful combination of growing demand and genuine scarcity. Beachfront supply is inherently constrained, the area remains relatively low density, and buyers are increasingly placing a premium on locations that feel established, uncrowded and authentic rather than heavily developed."

Cottam said the proximity to Gold Coast Airport was also proving increasingly important for interstate and second-home buyers.

"Being minutes from Gold Coast Airport makes it particularly compelling for interstate buyers, frequent travellers and second-home purchasers who can access an authentic coastal lifestyle almost immediately after stepping off a flight."

The acquisition takes MAYD's active development portfolio to more than $500 million, with the North Kirra project representing one of its largest undertakings to date.

MAYD is targeting an early 2027 launch.

Joel Robinson

First look at MAYD's North Kirra mixed-use precinct

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Castle Hill, the longtime hub of the Hills District, has been one of the major beneficiaries of Sydney's Metro expansion, with improved connectivity helping drive continued population growth, development and buyer demand across the Hills District.

But despite that growth, the suburb has seen relatively few major new apartment projects brought to market over the past 18 months.

Hills District developer Reve Group is looking to fill that gap with <a href="https://www.apartments.com.au/new-apartments/nova-r-ve-castle-hill-2-garthowen-crescent-castle-hill-nsw-2154">Nova Rêve</a>, a major new mixed-use precinct on the corner of Garthowen Crescent and Old Castle Hill Road, a short walk from Castle Hill Metro Station and Castle Towers.

[smartcode_project:default project_id=152737 project_image_fid=377679]

The project will comprise three residential towers alongside a hotel, restaurants, cafes and a skybar, more than 1,600 sqm of ground-floor retail and almost an acre of landscaped gardens.

It represents the largest project undertaken by Reve Group, the development arm of the Kassis family, which has been building across the Hills District for more than 30 years through Kassis Homes.

[smartcode_project:default project_id=152737 project_image_fid=377675]

Nova Rêve also represents a significant step up from the family's first apartment development, Grand Rêve, which was delivered nearby on Garthowen Crescent.

Grand Rêve introduced larger, house-like apartment layouts and premium inclusions including Wolf and Sub-Zero appliances to the Castle Hill market.

Nova Rêve takes that approach to a precinct scale, combining the residential component with hospitality, retail and substantial public and resident landscaping.

[smartcode_project:default project_id=152737 project_image_fid=377685]

Reve Group Managing Director Sam Kassis said the project reflected the family's three decades of building in the Hills, which has evolved from trophy homes on quarter-acre blocks to larger-scale apartment development.

"Grand Rêve was our first apartment project here and it showed us what this pocket of Castle Hill could be. Nova Rêve is the refinement of that idea: not just apartments, but a place the whole suburb can use," Kassis said.

A key part of that approach is the hotel, which has been designed to operate as an amenity for the wider Castle Hill community rather than solely hotel guests.

It will include restaurants, cafes, skybars and all-day dining, alongside conference and event facilities catering to business functions, community groups and private events.

At ground level, more than 1,600 sqm of shops and cafes will open onto the surrounding streets and landscaped areas.

Almost an acre of gardens designed by Land and Form Studios will run through the precinct, incorporating pathways, seating, barbecue areas and children's play spaces.

[smartcode_project:default project_id=152737 project_image_fid=377680]

Reve Group's Romio Georges said creating an active ground plane had been central to the planning of Nova Rêve.

"There are gardens with pathways, barbecues, seating and play areas, shops and cafes opening onto the street, and a hotel with restaurants and a skybar that anyone in Castle Hill can walk into," Georges said.

The project's elevated position on one of Sydney's highest ridgelines will also provide apartments with outlooks toward the Sydney skyline, surrounding parkland and the Blue Mountains.

More than 80 per cent of the apartments will occupy corner positions, with Turner responsible for both the architecture and interiors.

&nbsp;

[smartcode_project_cta:default project_id=152737]

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Nova Rêve arrives as Reve Group bets on Castle Hill's next growth phase

A collection of just 25 large-format apartments and penthouses overlooking Goodwin Park is entering the Coolangatta market, with <a href="https://www.apartments.com.au/new-apartments/marea-residences-coolangatta-27-27a-dixon-street-coolangatta-qld-4225">Maréa Residences</a> combining a low-density, residential-only approach with uninterrupted park and Pacific Ocean outlooks.

Located at 27 Dixon Street, Maréa comprises three and four-bedroom residences alongside a limited number of dual-level penthouses, with the project positioned between Goodwin Park and <a href="https://www.apartments.com.au/developments/coolangatta-qld-4225">Coolangatta</a>’s coastal precinct.

Construction has commenced, with completion currently estimated for late 2027. Three-bedroom residences are priced from $1.8 million.

[smartcode_project:default project_id=150999 project_image_fid=374005]

The project has been designed around its northern outlook across the park, with the building’s architecture, landscaping and material palette intended to establish a connection with the neighbouring green space. The residences have been configured to maximise natural light and views across Goodwin Park towards the ocean.

Inside, the material palette incorporates timber, stone and brushed brass, complemented by curved detailing and ambient lighting. Kitchens and bathrooms carry the same natural material approach, while residences also include basement parking, storage and lift access.

Maréa’s penthouses are arranged over two levels and include private pools, adding another layer to the project’s focus on larger-format apartment living. Across the development, residences are configured with three or four bedrooms rather than the broader mix of smaller apartment types commonly found in larger projects.

[smartcode_project:default project_id=150999 project_image_fid=374010]

Resident amenity is concentrated at rooftop level, where landscaped entertaining terraces and pools take advantage of elevated views across Coolangatta and the Pacific Ocean.

The project has so far been particularly well received by local owner-occupiers and downsizers, according to Urban Activation Property Sales and Marketing Director Matt George, with the residential-only format, construction quality and northern park outlook among the features resonating with purchasers.

“The uninterrupted northern aspect overlooking Goodwin Park has been a key point of difference, with buyers attracted to the sense of serenity and open space the park provides, while still enjoying easy access to the ocean and being within walking distance of the lifestyle and amenities Coolangatta has to offer,” George said.

[smartcode_project:default project_id=150999 project_image_fid=374002]

“The combination of high-quality construction, a residential-only building, park outlook and proximity to the beach has resonated strongly with the local downsizer market.”

The Dixon Street address is within walking distance of Coolangatta Beach and the broader southern Gold Coast coastline, including the surf breaks at Snapper Rocks and Kirra. Coolangatta’s cafés, restaurants and retail are nearby, while Gold Coast Airport is also within close proximity.

[smartcode_project_cta:default project_id=150999]

Maréa Residences brings parkside apartments to Coolangatta

Melbourne developer PDG has secured Victorian Government approval for its $1.5 billion Southbank development <a href="https://www.apartments.com.au/new-apartments/the-one-1-queens-bridge-street-southbank-vic-3006">The One</a>, clearing the way for the long-dormant riverfront site opposite Crown to finally be developed.

The Minister for Planning has approved the project at 1-29 Queens Bridge Street, with the Department of Transport and Planning issuing the planning permit following its assessment.

The approval will allow PDG to develop the prominent 5,059 sqm site with a major mixed-use tower comprising premium apartments, including branded residences, a luxury hotel and boutique office space.

PDG acquired the site in late 2024, with its position directly opposite Crown's main entrance and near Melbourne's Arts Precinct making it one of Southbank's most significant remaining development opportunities.

<img alt="PDG" data-entity-type="file" data-entity-uuid="3933013e-6332-4386-b9be-089df05caf17" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-27%20at%209.29.22%E2%80%AFAM.png?VersionId=sITIgBqDL0N3VNSMwWEmF5UA.uvcsRyu" />

Designed by COX in collaboration with ODO and PDG, the tower's architecture draws on the movement of the Yarra River, with six vertical pleats running the height of the sculpted facade.

The project will also see the heritage-listed Queens Bridge Hotel restored and incorporated into the development&nbsp;with new hospitality and public uses, including a rooftop venue.

A significant component of The One will be its residential amenity.

More than 5,000 sqm of resident facilities will be delivered across a single level, making it one of the largest consolidated residential amenity offerings proposed in an Australian apartment development.

The planning approval also incorporates a major upgrade of Queensbridge Square, which PDG will deliver in partnership with the City of Melbourne.

<img alt="PDG" data-entity-type="file" data-entity-uuid="73167fcd-1031-4b6f-a408-a064cfe45ed1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-27%20at%209.29.17%E2%80%AFAM.png?VersionId=Pf1AEWxw6SNmBqR0zQW5lyEze.MtxgFp" />

The existing square will be revitalised as a new civic and pedestrian space along the Yarra River, strengthening the connection between the project, Southbank and the riverfront.

PDG Founder and Managing Director Vince Giuliano said the approval represented a major milestone for a site which has remained largely underutilised for more than 15 years.

“This is the most significant Planning Permit approval Melbourne has seen in recent years,” Giuliano said.

“For more than 15 years, this site has remained underutilised. This approval enables us to deliver a project that will contribute meaningfully to the revitalisation of Southbank, restore and reactivate an important heritage building, and create a new civic and hospitality destination for Melbourne.”

The latest approval follows an earlier planning permit issued by the City of Melbourne covering demolition works across part of the site at 9-29 Queens Bridge Street. Those demolition and early works are already underway.

PDG has also started generating early interest in the residential component from owner-occupiers ahead of a planned public launch in early 2027.

PDG secures approval for $1.5bn Southbank apartment development, The One

Local developer Harridan is seeking to turn its Woolloongabba apartment project into the first stage of a broader transformation of Burke Street, using a new 16-storey mixed-use building to establish a greener pedestrian connection toward the rapidly evolving Boggo Road transport and knowledge precinct.

The South East Queensland developer has filed plans for 154 apartments on the <a href="https://www.apartments.com.au/new-apartments/4-burke-street-woolloongabba-qld-4102">southern side of Burke Street</a>, where its proposal has been designed alongside a wider vision by LatStudios for the street.

That vision positions the southern side of Burke Street for buildings of 15 storeys and above, while envisaging lower-rise development of up to five storeys on the northern side to transition into Woolloongabba's existing character housing. It also proposes wider pedestrian verges, deep planting, new street trees and upgrades to the pedestrian approach to Boggo Road Station.

The Harridan development itself has been designed by Brisbane-based Arqus Design and will comprise 154 apartments across 16 storeys. The mix is weighted heavily toward two-bedroom apartments, with 121 proposed alongside 10 one-bedroom and 23 three-bedroom residences. There will typically be around 14 units per floor.

A lower-ground car park and three podium levels will accommodate 156 resident parking spaces, along with visitor and commercial parking. There will also be 154 resident bicycle spaces and 40 visitor bicycle parks.

&nbsp;

Harridan is a family-owned developer and part of the Holmwood Highgate Group, with more than three decades of development activity across South East Queensland. Its portfolio spans residential, commercial and industrial property, with current residential projects including Riverbank on Byron in Bulimba, Esperance Residences in Carina and The Precinct at Kinross Road in Thornlands.

Wooloongabba has been popular for apartment developers, particularly since the announcement of the 2032 Summer Olympics games in Brisbane.

While there have been a lot of development applications, it has failed to materialize into real supply.&nbsp;

Sarazin has been the major player in the area. They are under construction at Murcia Residences, on the fringe of East Brisbane and Woolloongabba. They have just launched <a href="https://www.apartments.com.au/new-apartments/the-stanley-residences-woolloongabba-8-trafalgar-street-woolloongabba-qld-4102">The Stanley Residences</a>, in Woolloongabba on Trafalagar Street. They also have Nuage coming soon on the nearby <a href="https://www.apartments.com.au/new-apartments/nuage-woolloongabba-14-wellington-road-woolloongabba-qld-4102">Wellington Road</a>.

First look: Harridan plans Burke Street transformation beside Boggo Road transport hub

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

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

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

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

Every First Home Owner Grant for new property by state

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

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

Staff Writer

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

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

alisonwarters@gmail.com

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

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

Ellen Walker

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

<a href="https://www.apartments.com.au/developers/far-east-consortium">Far East Consortium</a> is preparing to commence construction on <a href="https://www.apartments.com.au/new-apartments/640-bourke-street-melbourne-640-bourke-street-melbourne-vic-3000">640 Bourke Street</a> this October, marking the next milestone for the Melbourne CBD development and its higher-end Eliza Collection.

Spanning levels 44 to 68 of the 68-storey <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a>-designed tower, the Eliza Collection has been conceived as a lower-density offering within the broader development, with only five apartments on each floor, dedicated lift access and a collection of resident spaces reserved exclusively for Eliza Collection residents.

The Eliza Collection forms part of Far East Consortium's broader move toward larger-format residences at 640 Bourke Street, where the number of apartments was reduced from earlier plans as apartment sizes increased.

[smartcode_project:default project_id=509 project_image_fid=365685]

"What it's meant for 640 Bourke is we've actually reduced the number of apartments. We've increased the overall size of the apartments. We don't have any studios in here, and what that does for a project is it elevates it," Far East Consortium Director of Sales and Marketing Lauren Sheldon said.

Rothelowman Associate Jun Chang said the design process provided an opportunity to create more generous floorplans.

"We were given the opportunity to be more generous. The apartments became bigger and squarer than any other apartments which had been designed in the CBD before that."

[smartcode_project:default project_id=509 project_image_fid=368869]

That thinking carries through to the Eliza Collection, where the residences have been designed around the space and functionality associated with a larger home, but positioned high above the centre of Melbourne.

Kitchens are equipped with Gaggenau appliances, a butler's pantry, temperature-controlled wine cabinet and sculptural pendant lighting, while engineered timber flooring, stone and porcelain finishes and custom cabinetry feature throughout the broader interiors.

Privacy and security are another point of distinction. Eliza Collection residents have dedicated lift access, while 640 Bourke Street will provide concierge services and secure resident parking. Short-stay accommodation, including Airbnb, will not be permitted within the development.

[smartcode_project:default project_id=509 project_image_fid=365689]

Eliza Collection residents will also have exclusive access to selected amenity spaces across levels one and three of the restored Eliza Tinsley building. These include the Salon with grand piano, an art therapy room, private dining rooms and treatment rooms.

They sit within more than 3,000 sqm of amenity planned across 640 Bourke Street, alongside facilities including a pool, gym, whisky lounge and further social and wellness spaces.

The Eliza Tinsley building itself is central to the wider project's identity. Rather than treating the existing Eliza Tinsley façade as a separate element, Rothelowman used it as a starting point for the architecture of the new tower, with the historic building to accommodate the project's gallery and lobby.

"It's a significant asset and wants to be celebrated and experienced by all residents every single time they go in and out of the building," Rothelowman Principal Stuart Marsland said.

[smartcode_project:default project_id=509 project_image_fid=368872]

The tower will rise behind the retained heritage building at 640 Bourke Street, placing residents within walking distance of Southern Cross Station, Flagstaff Gardens, Queen Victoria Market and the Docklands waterfront.

With construction scheduled to begin in October, Far East Consortium has established an onsite display gallery at 640 Bourke Street, including fully built apartments that allow the project's layouts, materials and finishes to be inspected at full scale.

A fully built Eliza Collection apartment is also available to view at the display suite by appointment ahead of the planned October construction commencement.

Eligible purchasers who buy before construction commences can secure the full available off-the-plan stamp duty savings, subject to eligibility and applicable conditions.

[smartcode_project_cta:default project_id=509]

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

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With a clarity of architectural intent and a presence that is both memorable and distinguished, Light Edge is a stunning residence of 31 apartments over 6 levels. Situated less than 3 kilometres from Melbourne’s Central Business District (CBD) and upon the nexus of Melbourne’s most vibrant cultural and food hub, Light Edge offers a unique and enviable theatre of experience for residents.

<ul>
<li>Coveted location in the heart of Richmond.</li>
	<li>Well designed and spacious apartments.</li>
	<li>Maximised natural daylight in living spaces.</li>
</ul>
Light Edge’s considered mix of one and two-bedroom residences offer both a sanctuary and stage for residents looking to participate in the magnetism of local bars, nightlife and restaurants or curate an in-house entertaining experience. Carefully considered spaces are framed by a selection of generous balconies that offer stunning views over Melbourne’s city skyline to the West and South West while Northern balconies connect residents to the energy of the surrounding streetscape.

Both striking and luxurious, residents are welcomed into curated spaces of exquisite materials and finishes including stone, polished chrome and beautifully considered oak timbers. Light Edge’s interior design responds to the demands of contemporary urban living, while car and storage facilities deliver convenience and security.

Supporting a seamless transition between inside and outside spaces, Light Edge’s oscillating and geometric facade provides the discretion required for inner city living while maximising the natural daylight from the North. A palette of alternating black and white textured walls are offset by a stunning black metal entrance creating a statement of contrasts – light and dark, liberation and restraint, sunlight and shadow.
</body></html>

urban.com.au

Light Edge is a stunning residence in Richmond, complete and ready to move in

<a href="/buildings/sandy-hill-penthouse-222-bay-road-sandringham" target="_blank">Sandy Hill Penthouse</a> is located in Melbourne's bayside area of Sandringham, offering residents unparalleled access to world-class amenities and timeless design by Watson Young Architects.&nbsp;

Check out our video tour:

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="415" src="https://www.youtube.com/embed/VZjOvO9cwdQ" width="660"></iframe>

<h2>SANDY HILL PENTHOUSE&nbsp;AT A GLANCE</h2>

Developer: <a href="/developers/blueprint-projects" target="_blank">Blueprint Projects</a>

Location:&nbsp;222 Bay Road, Sandringham VIC 3191

Number of residences: 187

[smartcode_project:default project_id=324 project_image_fid=97170]

Just 30 minutes from Melbourne CBD via Nepean Highway, and an hour to Mornington Peninsula, Sandy Hill could offer the perfect work-life balance, with plenty of opportunities to enjoy being on the water or amongst nature on the weekends.

The attention to detail of these properties is meticulous. Kitchens feature exquisite marble benchtops and splashbacks with five-burner gas hobs and lavish island breakfast bars. Parquetry flooring can be found throughout the home, with built-in fireplaces creating a cosy atmosphere to sit back, relax and enjoy the panoramic views through the expansive stacker slider doors which also extend to a private balcony.

[smartcode_project:default project_id=324 project_image_fid=96038]

Bathrooms feature dual vanities, with stylish oval vanity mirrors and timber joinery. The walk-in shower is fully tiled, with a built-in shower nook and rainfall showerhead.&nbsp;

Luxury living has been redefined, with sensational panoramic vistas from every room, with generous room sizes, built-in storage and an abundance of natural light.&nbsp;

Residents will have exclusive access to a range of shared amenities, including dining facilities, a full gymnasium with state-of-the-art equipment and sensational views, and a stunning resort-style swimming pool.

[smartcode_project:default project_id=324 project_image_fid=96033]

To learn more about the recently completed Sandy Hill Penthouse development, <a href="/buildings/sandy-hill-penthouse-222-bay-road-sandringham" target="_blank">request a call from the sales agent today</a> via Urban.

[smartcode_project_cta: project_id=324]

<h2>READ MORE:</h2>

<a href="/news/vic/sandy-hill-penthouse-whats-within-walking-distance-from-this-sandringham-property">Sandy Hill Penthouse: What's within walking distance from this Sandringham property?</a>

<a href="/news/vic/six-sleek-new-apartments-in-melbourne">Six sleek new apartments in Melbourne</a>

&nbsp;

Olivia Round

Urban's tour of the Sandy Hill Penthouse display suite

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Sandy Hill Penthouse in Melbourne's bayside suburb of Sandringham offers some of the most varied amenities within just two kilometres from its sought-after Bay Road location.

The project is being delivered by Blueprint Projects, with design by architecture firm Watson Young Architects and construction by Guestbuild.

<img alt="" height="813" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/sandy_hill_penthouse_2.jpg" width="1200">

The amenities start immediately without leaving the building, with an IGA conveniently located on the ground level of the block.

Heading east, or right, out of the front doors down Bay Road, immediately next door is the lush Bay Road Reserve and Bay Road Heathland Sanctuary, the latter protected by the City of Sandringham council as it is one of the last remaining areas of the iconic "Sandringham Flora" that once covered Melbourne's south east.

Just over 500 metres away is Fitness First, although there's a resident's only fully-equipped gym and infinity pool in the block. 

<img alt="" height="724" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/sandy_hill_penthouse_3.jpg" width="1200">

Further east but still on Bay Road is Bad Shepherd Brewing Co., on the corner of Bay and Reserve Road, which is just 1.3 kilometres away.

At the end of Bay Road is Westfield Southland which homes around 400 retailers.

Coming out of Sandy Hill Penthouse and turning left to the west there's a 7-eleven on the way to a short two-kilometre trip to Sandringham Station, which from there is less than a 30-minute commute into the city centre.

That's located at the south end of Sandringham Beach where there's a string of near beachside restaurants and cafe's including The Sandy, Port of Call and Black Squirrel Cafe.

Just one street behind Sandy Hill Penthouse is Sandringham College, more greenery with Merindah Park which is a few minutes away you'll find a mini golf course and a golf driving range.
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Sandy Hill Penthouse: What's within walking distance from this Sandringham property?

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Potter George Group achieved record sales volume at its outer Melbourne residential projects over the Christmas period.

The group sold 67 lots across its Trijena and Kerani Heights (pictured above) projects in Melbourne’s northern growth corridor.

“Our sales were constantly solid throughout the year, capped off with a particularly strong December with Trijena selling 50 lots for the month and Kerani achieving 17 sales,’’ said project manager Scott Payten.

It took sales in Trijena to just over 400 of the 624 available lots.

“Enquiry has been highly encouraging for the start of 2021 and we look forward to building on this strong momentum,’’ Mr Payten said.

Trijena is located 33km from the CBD and close to train stations at Craigieburn and Donnybrook.

The $175 million project comprises 624 lots in total, surrounded by shopping and medical centres, schools, colleges and a host of sporting and leisure centres either underway or in planning.

Restricted to 200 easy-building homesites in a range of sizes, Kerani Heights is located in the new suburb of Fraser Rise which is adjacent to Caroline Springs.

The project is a short drive from established amenities including, Watergardens Shopping Centre and Central Shopping Centre both at Caroline Springs, schools and colleges, medical centres, national parks and public transport options.
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The group sold 67 lots across its Trijena and Kerani Heights projects in Melbourne’s northern growth corridor

jchancellor

Potter George Group secure record sales volume in outer Melbourne over Christmas break

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A vacant development site in Melbourne’s Moonee Ponds has been sold for $2,811,000 to a local developer.

CBRE’s David Minty secured $211,000 above the reserve at its recent auction.

It last sold in 2016 at $1,126,666.

The 1,164sqm site at 48 Holmes Road is zoned General Residential.

It was previously earmarked for a three-storey, 11 unit apartment project.

There were concept plans available to buyers.

It has frontage to Holmes Road and to Sydenham Street .

The marketing campaign generated more than 150 enquiries, with strong bidding from domestic and international developers, Minty said.

“The sale represents a strong rate of $255,000 per apartment site and highlights the confidence in the outlook for Melbourne’s housing market,” he noted.

“We have experienced a notable increase in buyer confidence and activity post Melbourne’s Stage 4 lockdown period,” he added.

High rise projects underway in Moonee Ponds include Rise.

Urban lists the projects <a href="/developments/moonee-ponds-vic-3039">here</a>.
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The site was previously earmarked for a three-storey, 11 unit apartment project.



Local developer buys Moonee Ponds development site for over $2.8 million

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.

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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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

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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.

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