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

Joel Robinson

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

<a href="https://www.urban.com.au/developers/far-east-consortium">Far East Consortium</a>’s 640 Bourke Street stands as a testament to&nbsp;<a href="https://www.urban.com.au/developments/melbourne-vic-3000">Melbourne</a>’s ability to bridge its storied past with a bold vision for the future.&nbsp;

Rising above the heritage-listed Eliza Tinsley building, the development reflects a broader shift toward adaptive reuse in the city, where historical assets are retained and reinterpreted as part of new residential development.

Designed by <a href="https://www.urban.com.au/architects/rothelowman">Rothelowman</a>, <a href="https://www.apartments.com.au/new-apartments/640-bourke-street-melbourne-640-bourke-street-melbourne-vic-3000">640 Bourke Street</a> incorporates the Eliza Tinsley building as its foundation, housing a grand gallery and lobby space that serve as both a functional and symbolic centrepiece. The heritage façade informs the tower’s design, creating a connection between Melbourne’s past and its contemporary skyline.

"It's a significant asset and wants to be celebrated and experienced by all residents every single time they go in and out of the building," Rothelowman Principal Stuart Marsland said.

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Above this historic base, the 68-storey tower will deliver just over 600 residences, a notable reduction from earlier schemes, reflecting a deliberate move toward larger-format apartments and a stronger owner-occupier focus.

Unlike traditional CBD developments that prioritised investor stock, 640 Bourke Street has been repositioned to respond to changing buyer expectations.

"The discussion was all around making 640 Bourke Street the best residence to live in, to be much more focused on the people in the building rather than people looking at the building," Marsland explained.&nbsp;

This shift is evident in the development’s interiors, which emphasise practical luxury with spacious layouts, high ceilings, and floor-to-ceiling windows framing sweeping views of Melbourne and Port Phillip Bay.&nbsp;

“What it's meant for 640 Bourke is we've actually reduced the number of apartments. We've increased the overall size of the apartments. We don't have any studios in here, and what that does for a project is it elevates it," Lauren Sheldon, Far East Consortium’s Director of Sales and Marketing, said.&nbsp;

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Rothelowman Associate Jun Chang added, "We were given the opportunity to be more generous. The apartments became bigger and squarer than any other apartments which had been designed in the CBD before that."&nbsp;

Amenities spanning more than 3,000 sqm across multiple levels further reinforce this focus on resident experience. These include a pool, gym, co-working areas, and a range of hospitality-inspired spaces such as a whisky lounge, library, and private dining rooms, many drawing reference from traditional bathhouses and Melbourne’s laneway culture.

"We wanted to make both the pool and the gym area to be absolutely destinational, and when you traverse across to these spaces, there is a gentle familiarity to the beautiful notions of the hammams and the Roman baths, a gentle nod to history," Chang noted.

At street level, the project contributes to the ongoing transformation of the western CBD, with upgrades to Langs Lane and the introduction of retail, hospitality, and gallery spaces designed to activate the precinct and strengthen its connection to the surrounding city fabric.

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The location places residents within walking distance of Southern Cross Station, Flagstaff Gardens, Queen Victoria Market, and the Docklands waterfront, positioning the development within a rapidly evolving inner-city neighbourhood.

"We believe it's the best site left in the city of Melbourne," Craig Williams, Executive Director at Far East Consortium, said.&nbsp;

640 Bourke Street is Far East Consortium’s 14th building in Melbourne’s western CBD.

"A very elegant designed building. It's going to be a Melbourne statement for many, many years to come."

One-bedroom apartments are priced from around $640,000, with 640 Bourke Street targeting completion in 2029.

Renders shown are Artist's Impressions correct as of May 2026.

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Heritage-led design anchors Far East Consortium’s 640 Bourke St, Melbourne

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

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

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

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

ALTA Property to deliver $200 million Queens Road apartment tower

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

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

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

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

Every First Home Owner Grant for new property by state

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

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

Staff Writer

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

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

alisonwarters@gmail.com

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

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

Ellen Walker

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

Summary:

<ul>
	<li aria-level="1">Mirvac starts construction on Prince &amp; Parade</li>
	<li aria-level="1">Construction of the 166 apartments expected to complete in mid to late 2026</li>
	<li aria-level="1">Mirvac inhouse construction team hopeful of topping out this year</li>
	<li aria-level="1">Third collaboration with Bates Smart following two award-winning parkside developments The Melbournian and The Eastbourne&nbsp;</li>
</ul>

&nbsp;

Mirvac's third Melbourne parkside collaboration with acclaimed architecture firm Bates Smart is starting to come out of the ground.

The ASX-listed developer has officially commenced construction on <a href="/new-apartments/prince-parade-by-mirvac-brunswick-701-park-street-brunswick">Prince &amp; Parade</a>, their new <a href="/developments/brunswick-vic-3056">Brunswick apartment development</a> across from the 39-hectare Princes Park.

[smartcode_project:default project_id=4802 project_image_fid=217137]

Mirvac's inhouse construction team has installed two cranes on the Park Street site, after completing demolition and excavating the two levels of basement car park last year. They will now work away throughout 2025 to build the structure, which will likely top out later this year.

Completion of the 166 one, two, three and four-bedroom apartments is slated for mid to late 2026.

<h2>The Location</h2>

The apartments so far have been the most popular with local owner-occupiers, who have been most attracted to Princes Park, home of Carlton Football Club, walking paths, sports grounds, and playgrounds, as well as the cafe culture in <a href="/developments/brunswick-vic-3056">Brunswick</a> and the neighbouring <a href="/new-apartments/parkville-vic-3052">Parkville</a>, <a href="/new-apartments/princes-hill-vic-3054">Princes Hill</a>, and <a href="/new-apartments/carlton-vic-3053">Carlton</a>.

[smartcode_project:default project_id=4802 project_image_fid=217137]

There's been an influx of purchasers who are working in the medical industry in particular, given the development's proximity to several local hospitals. Prince &amp; Parade's location has also proven favourable for academics who work at highly prestigious local universities like Melbourne University and RMIT.

<h2>The Design</h2>

<a href="/new-apartments/prince-parade-by-mirvac-brunswick-701-park-street-brunswick">Prince &amp; Parade</a> has been designed to orient the park, taking advantage of the 100 metre frontage to Park Street. The orientation means that residents will benefit from park views through the floor-to-ceiling glass.

[smartcode_project:default project_id=4802 project_image_fid=217129]

It's been cleverly designed so it reaches a height of nine levels to the north building on <a href="/new-apartments/5-9-brunswick-road-brunswick-east">Brunswick Road</a>, and five levels on the south-facing building on Park Street. The building will feature a rooftop terrace with views over the park and the rest of Melbourne. There will also be a resident lounge and dining room,a library, full wellness studio, and a ground-floor retail space, expected to be a cafe.

[smartcode_project:default project_id=4802 project_image_fid=269388]

In line with Mirvac’s push to be net positive carbon by 2030, Prince &amp; Parade will be an all-electric building.

<h2>The Team</h2>

<a href="/developers/mirvac">Mirvac</a> has had parkside success previously when collaborating with <a href="/architects/bates-smart">Bates Smart</a> at their Fitzroy Gardens development <a href="/buildings/the-eastbourne-280-albert-street-east-melbourne">The Eastbourne</a>, which won the 2020 UDIA High Density Development Award. They've also worked together on The Melburnian on St Kilda Rd, which too was a UDIA Award winner.

[smartcode_project:default project_id=4802 project_image_fid=321933]

Landscape architect Jack Merlo has handled the landscaping of Prince &amp; Parade. The rooftop terrace and central courtyards in particular will be enveloped in greenery. The courtyard will “provide a place of passive sanctuary, referencing the site's location opposite Princes Park,” Merlo said.

Prices at Prince &amp; Parade start from $750,000.

[smartcode_project_cta:default project_id=4802]

Completion of the 166 one, two, three and four-bedroom apartments is slated for mid to late 2026.

Mirvac commences construction at parkside Prince & Parade apartment development in Brunswick

Luxury Melbourne developer Soliana™ has paid $5.85 million for a premium South Yarra site with approved plans for a luxury apartment development.

There had been plans for six large-scale apartments at 39 Darling Street, near the Yarra River and just off Domain Road. Dubbed Riviera, the five-level development had been designed by Selwyn Blackstone and had been marketed before Soliana bought the site.

Its elevated position offers views over South Yarra, with proximity to&nbsp;the Royal Botanic Gardens, Fawkner Park, and Chapel Street.

The site currently houses a three-level apartment complex with 10 studio apartments. It was sold by a local syndicate through an expressions of interest campaign.

The deal reflects a land rate of $8,705 per square metre and a unit rate of $975,000, underscoring the strength of Melbourne’s premium residential market.

<img alt="South Yarra" data-entity-type="file" data-entity-uuid="a468bc98-09ae-475c-928c-8e8c9cc1f5fb" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-02-17%20at%2011.54.20%E2%80%AFAM.png?VersionId=hguzM0.XmEVErkHXwWuhoGk1K.eJElgI" />

Hamish Burgess, Joe Kairouz, and Jeffery Ha of Cushman &amp; Wakefield handled the transaction. Burgess said the sale highlighted the fierce competition among developers to secure opportunities in South Yarra and surrounding Stonnington suburbs.

“The Stonnington development site market has been hotly sought after throughout 2024," Burgess said.

"Developers are competing to enter a precinct that continues to re-rate the market in terms of achievable residential revenues, and 39 Darling Street was no exception.”

The sale adds to Soliana™’s growing portfolio of high-end residential and commercial projects. They have two in Brighton, Pearl Brighton which will compete in the coming months, and another one on Martin Street which will launch later this year.

Soliana picks up luxury South Yarra apartment development site

Residents will soon move into&nbsp;Madeline, the newest off the plan apartment development in Melbourne's Moorabbin.

<a href="/buildings/madeline-moorabbin-19-23-central-avenue-moorabbin">Madeline</a>&nbsp;will home just 44 two and three-bedroom apartments on its completion on Central Avenue, in the heart of the&nbsp;<a href="/developments/moorabbin-vic-3189">Moorabbin</a> Activity Centre.

The four-level has been designed by&nbsp;<a href="/architects/via-architects">Via Architects</a>&nbsp;and OFFERS a striking street presence with a&nbsp;modernist brick façade and monochromatic palette, softened by greenery.

&nbsp;

[smartcode_project:default project_id=138903 project_image_fid=301964]

The apartments are designed to maximize natural light, featuring floor-to-ceiling, double-glazed glass sliding doors. Neutral tones and rich walnut timber accents enhance the sense of brightness and spaciousness.

The open-plan living and dining areas seamlessly connect to a balcony or courtyard in the garden apartments. The kitchens are equipped with integrated ILVE appliances, a full-height pull-out pantry, and a marble-topped island bench, serving as a focal point in the space.

Thoughtful, space-saving features include a concealed pop-up phone charger and a Bluetooth speaker. Each apartment also offers an integrated study nook, catering for those working from home.

[smartcode_project:default project_id=138903 project_image_fid=301967]

Residents will have access to a communal lounge on the ground floor, complete with a full kitchen and dining area. This space is designed to foster a sense of community and provide a place for residents to connect with their neighbours.&nbsp;

The development also includes secure basement parking with lift access and additional storage units for each apartment.

Madeline is strategically located to offer its residents ultimate convenience, just a two-minute walk to Woolworths and five minutes to the Moorabbin train station.

Madeline is being developed by builder-developer&nbsp;<a href="/developers/pitard-group">Pitard Group</a>, who has a solid workbook of both completed and under-construction projects across Melbourne.

[smartcode_project_cta:default project_id=138903]

Madeline is being developed by builder-developer Pitard Group, who has a solid workbook of both completed and under-construction projects across Melbourne.

Madeline, Moorabbin apartments approach completion

With interest rate cuts set to drive the market in 2025, certain <a href="/developments/melbourne-vic">Melbourne</a> suburbs are poised to outperform others across the city.

Research by property data analytics firm, CoreLogic, shows that higher-priced markets, particularly those with a high concentration of investors, tend to be the most responsive to cash rate reductions.

Their research shows units in the Glen Eira area will see the most price growth in units, over 12 per cent, should the RBA cut the official cash rate by one per cent (four 25 basis point cuts).

The forecasted price growth bodes for those suburbs in and around Cauflield.

Those looking at purchasing an apartment in <a href="/buildings/eva-elsternwick-village-apartments-241-glen-huntly-road-elsternwick">EVA Elsternwick</a>, in the heart of <a href="/developments/elsternwick-vic-3185">Elsternwick</a> village and one of very few new apartment developments in recent years in the area, could see significant price growth in the short to medium term.

EVA, on Glen Huntly Road a short walk to all of Elsternwick's cafes and the train station, offers two and three-bedroom apartments starting from $845,000.

[smartcode_project:default project_id=93073 project_image_fid=218013]

&nbsp;

Following Glen Eira, Whitehorse-West is expected to see a 10.6 per cent increase, while Manningham-East is projected to rise by 9.8 per cent.

Hobsons Bay has also been identified as a growth area, with unit values forecast to climb by 8.3 per cent.

On the fringe of the Hobsons Bay local government area is Yarraville, where Bradmill Yarraville has been one of&nbsp;the most popular new developments in the surrouning area.

Families in particular have shown strong interest to the townhouses on offer in the small masterplanned community currently&nbsp;being developed by Frasers Property.

The first two stages at Bradmill, Pioneer and Monfort Townhomes, have been designed by renowned architecture firm&nbsp;<a href="/architects/rothelowman">Rothelowman</a>. They have several different configurations, offering either three or four bedrooms across two or three levels.

The homes are designed for family living, with open-plan kitchen, living and dining areas flowing onto private gardens, courtyards, or balconies. Single or double garages also offer convenient access to the indoors.

&nbsp;

[smartcode_project:default project_id=134727 project_image_fid=317877]

The neighbourhood of Bradmill will be one of the most connected in&nbsp;<a href="/developments/melbourne-vic" target="">Melbourne</a>'s inner west. Future Bradmill residents will have exclusive access to Bradmill Social, a hub for exercising, co-working, and group events.

Linear Park will run through Bradmilll,&nbsp;connecting residents directly to the vast green spaces and sports grounds of adjacent McIvor Reserve, and a stroll to Bradmill Quarter’s 8,000 sqm retail precinct and the vibrant dining and community spaces of The Arbory.

[smartcode_project:default project_id=134727 project_image_fid=311275]

&nbsp;

Other suburbs expected to benefit from rate cuts include Maroondah (9.1 per cent), Bayside (8.5 per cent), Cardinia (8.4 per cent), Casey-North (8.3 per cent), Dandenong (7.8 per cent), and Kingston (7.4 per cent).

CoreLogic's Head of Research, Eliza Owen, says certain markets will see a bigger boost from rate reductions than others, and it may be because of market characteristics like price point, location and investor interest.

"CoreLogic estimates based on previous periods of rate reductions that national dwelling values would increase an average of 6.1 per cent for each one percentage point decline in the cash rate," Owen says.

"Relatively expensive markets have historically shown stronger responses to reduced cash rate settings. A reduction in the cash rate could spur a recovery trend in the high end of the Sydney and&nbsp;<a href="/developments/melbourne-vic" target="">Melbourne</a>&nbsp;housing market, which tend to be the bellwether for broader market recoveries in those cities."

A reduction in the cash rate could spur a recovery trend in the high end of the Sydney and Melbourne housing market, which tend to be the bellwether for broader market recoveries in those cities

The Melbourne suburbs that will see the biggest uplift in apartment values after interest rate cuts

Melbourne residential developer ANGLE has secured a double-quick approval for its new apartment project in the heart of Camberwell.

ANGLE, who is currently delivering Fernhurst in Kew and has an impressive portfolio of completed projects across the likes of Elwood, <a href="/developments/hawthorn-vic-3122">Hawthorn</a> and South Yarra, has been given the green light by the&nbsp;City of Boroondara for a 10-level mixed-use building at 335 Camberwell Road with 69 apartments.

The development, to be known as <a href="/new-apartments/terrace-335-camberwell-road-camberwell">Terrace</a> given its stepped design, will be&nbsp;ANGLE’s seventh project in Boroondara and second in Camberwell, which has a median house price of $2.61 million, reflecting its status as one of Melbourne’s most sought-after suburbs, bolstered by its grand, historic residences and tranquil, leafy streets.

<img alt="ANGLE Camberwell" data-entity-type="file" data-entity-uuid="b044395f-069d-490b-bea9-3097510efce7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-02-10%20at%2011.22.42%E2%80%AFAM.png?VersionId=qwy2hBAT3nYp2h.eNLgKMFcbH2ABQF7h" />

The building has been designed by Tristan Wong Architecture and Design and will offer a mix of one, two and three-bedrooms, with an average internal area of over 190 sqm and large terraces averaging over 30 sqm.

The 3,807 sqm site is just 300 metres from Camberwell Junction.

The apartments will sit above ground floor retail and hospitality spaces along Camberwell Road, as well as 213 parking spaces in the basement, an averge of three spaces per dwelling.

ANGLE is giving back a lot of the site to resident use. They're only covering 58 per cent of the near-one acre site, so they can create a private 500 sqm north-facing park with large canopy trees and dense landscaping by MALA Studio and Amanda Oliver Gardens.

<img alt="ANGLE Camberwell" data-entity-type="file" data-entity-uuid="361af7a4-1bbc-49fe-a2f9-fec518ba60de" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-02-10%20at%2011.17.23%E2%80%AFAM_0.png?VersionId=KruqYlNXjzNIIgEflaIMrWwHxV1JeHeg" />

"Projects with park outlooks have always outperformed the market and given the location opposite Camberwell Civic Centre and the amount of frontage afforded to us, almost every apartment will have a park aspect. Further, given the size of the setbacks and 58% site coverage, the building sits in a heavily landscaped setting," ANGLE Director Lachlan Gibson says.

He believes they have one of the best sites in the area.

"Analysis shows that this is one of the only developable sites in excess of 3,500 sqm in the Camberwell Junction Activity Centre, so we consider ourselves extremely fortunate to have secured what we think is the best one, being almost an acre in size and fronting a park."

Gibson is expecting local downsizers to make up the majority of purchasers.

"We are super bullish on the Melbourne market in the space that we are playing in. There is an extremely low supply of high-quality projects and the market is becoming increasingly discerning, which is pleasing to see. Buyers are more than happy to pay a premium for something if they love the design and know it’s going to be delivered well. This is especially true if the project has a bit of X factor, such as a park outlook."

Construction on Terrace is expected to start in 2026, with completion slated for 2028.​​​

Construction on Terrace is expected to start in 2026, with completion slated for 2028.​​​

ANGLE secures new Camberwell apartment project

There aren't many opportunities to secure a brand new, parkside apartment in any of Australia's cosmopolitan capital cities for under $500,000.

Irving Domain in Melbourne's&nbsp;<a href="/developments/box-hill-vic-3128">Box Hill</a> presents a unique opportunity to live just steps away from the scenic Box Hill Gardens. Spanning over three hectares, the gardens offer walking tracks, playgrounds, sports courts, and a one-kilometre running track around its boundary.

The gardens will also soon sit above a new train station, part of Victoria's Big Build extension of the Suburban Rail Loop.

Residents of <a href="https://www.google.com/search?q=site%3Ahttps%3A%2F%2Fwww.urban.com.au%2F+APH+Holdings&amp;rlz=1C1ONGR_enPH1005PH1005&amp;oq=site%3Ahttps%3A%2F%2Fwww.urban.com.au%2F+APH+Holdings&amp;gs_lcrp=EgZjaHJvbWUyBggAEEUYOTIGCAEQRRg60gEIMjIyN2owajSoAgCwAgA&amp;sourceid=chrome&amp;ie=UTF-8">Irving Domain</a> won't just be able to take in the green spaces and excellent connectivity to wider Melbourne including the CBD, but they'll also be in the heart of the growing Box Hill, with close access to all the amenities needed for everyday living.

[smartcode_project:default project_id=8569 project_image_fid=311424]

The one-bedroom apartments, over 60 sqm, start from just under $500,000, while the two-bedroom apartments are competitively priced from $595,000.

Reputable builder Ironside is well advanced in construction and is expected to complete Irving Domain later this year.

[smartcode_project:default project_id=8569 project_image_fid=317419]

Architecture firm <a href="/architects/dko-architecture">DKO</a> designed Irving Domain, just 110 apartments across a curved, glass building. They each feature a neutral colour palette with high-end finishes including timber flooring and stone benchtops.

DKO reserved space on the rooftop for a retreat with a swimming pool, outdoor dining, and social spaces, with panoramic views across Melbourne.

[smartcode_project:default project_id=8569 project_image_fid=311421]

<a href="/developments/box-hill-vic-3128">Box Hill</a> itself is one of Melbourne’s fastest-growing urban hubs, renowned for its vibrant shopping precinct and diverse dining scene. Box Hill Central, the major shopping hub, is just a short walk.

Stamp duty savings are applicable at Irving Domain.

[smartcode_project_cta:default project_id=8569]

The one-bedroom apartments, over 60 sqm, start from just under $500,000, while the two-bedroom apartments are competitively priced from $595,000

Live parkside in Melbourne for under $500,000

Pembrook Homes has delivered over 1,000 homes across Melbourne's inner-city suburbs for over two decades.

Their latest pursuit of delivering contemporary, low-maintenance townhouses to family-friendly suburbs has taken them to REservoir, where they've previously completed several boutique developments in recent years.

The new townhouses at <a href="/new-townhouses/41-home-street-reservoir-41-home-street-reservoir">41 Home Street</a>, a row of just four, sit in the sought-after Oak Hill Estate, one of the most premium pockets in <a href="/developments/reservoir-vic-3073">Reservoir</a>.

Not subject to owners corp like the majority of townhouse developments, 41 Home Street townhouses are priced between $1,125,000 for the three-bedroom homes, and $1,195,000 for the sole four-bed townhouse.

&nbsp;

[smartcode_project:default project_id=148861 project_image_fid=319809]

The homes feature open-plan layouts that connect the kitchen, dining, and living spaces, leading to private courtyards designed for additional outdoor living.

Kitchens are equipped with 900mm Bosch stainless steel appliances, stone benchtops, and sleek cabinetry, anchored by a kitchen island which forms a versatile additional dining or entertaining space.

[smartcode_project:default project_id=148861 project_image_fid=319811]

Each home also meets a 6-Star NatHERS energy rating, designed to minimise their environmental impact without compromising on quality or comfort.&nbsp;

Landscaping has been thoughtfully planned to enhance privacy and integrate greenery throughout the site.

&nbsp;

[smartcode_project:default project_id=148861 project_image_fid=319808]

The Oak Hill Estate is an attractive area to live in Reservoir because within its small four-kilometre square boundary it has the likes of&nbsp;Darebin Community Sports Stadium, Reservoir Leisure Centre, Summerhill Village Shopping Centre, Broadway Shopping Centre, C.H. Sullivan Memorial Park, C.T. Barling Park, and several schools.

Home Street runs adjacent to Plenty Road where the 86 Tram heads into the city to Docklands or north to Bundoora RMIT.

<a href="/developers/pembrook-homes">Pembrook Homes</a>, who build all of their own developments, are expecting to complete the townhouses later this year.

[smartcode_project_cta:default project_id=148861]

Pembrook Homes, who build all of their own developments, are expecting to complete the townhouses later this year

Pembrook Homes to bring contemporary townhomes to Reservoir

Boutique townhouse developer,&nbsp;<a href="/developers/sloane-property">Sloane</a>, is accepting deposits of just five per cent at its under-construction Brighton townhouse development, 111 Carpenter.

The lower deposit, plus significant stamp duty savings since the government <a href="/news/vic/vic-government-slashes-stamp-duty-for-off-the-plan-property-buyers-savings-available-immediately-oct-2024">abolished stamp duty in October 2024 for 12 months</a>, aims to provide greater accessibility to purchasers seeking larger homes in one of Melbourne's most sought-after suburbs.

Located on Carpenter Street, the project comprises just seven townhomes designed by award-winning architecture firm Megowan, who has a deep understanding of the area and its lifestyle demands. Megowan has designed several successful projects for Sloane across Melbourne.

[smartcode_project:default project_id=7517 project_image_fid=214118]

Each townhouse has been crafted to maximise the northern exposure of the site, with key living spaces oriented to optimise passive solar gain and cross-ventilation.&nbsp;

The two and three-level townhouses, under construction with multi-award winning builder Virgon Constructions, offers three to four-bedroom configurations with north-facing open plan living areas and private courtyards designed by <a href="/landscape-architect/john-patrick-landscape-architects">John Patrick Landscape Architects</a>.

Sloane Managing Director, Adam Sloane, highlighted the location as a major drawcard, citing <a href="/developments/brighton-vic-3186">Brighton</a>’s combination of beachside living, parks, cafes, retail, and highly regarded schools.&nbsp;

With the project situated amongst tree-lined streets and close to shops and public transport,&nbsp;Sloane noted that the development provides an ideal base for families wanting a low-maintenance yet spacious home in the Bayside area.

[smartcode_project:default project_id=7517 project_image_fid=218198]

While apartments in the area cater largely to downsizers and Brighton's grand mansions suit families seeking large-scale homes, Brighton has had a lack of new townhouse development in recent years, a dwelling type designed to bridge the gap between apartment and house-sized living.

The projects is weeks away from lock-up and is on track to complete in late 2025.

[smartcode_project_cta:default project_id=7517]

Sloane is closing in on lock up stage and are on track to complete in late 2025

5% deposit offer - Buy into Brighton's affluent property market with 111 Carpenter townhomes

Australia’s first four-tower vertical stair climb challenge is set to debut in 2025, with Towers 4 Change aiming to raise over $400,000 – or $100,000 per tower – at Far East Consortium's West Side Place precinct in the Melbourne CBD.

As Australia’s largest stair climb charity event, and with the highest tower exceeding 80 levels and 1400 stairs, Towers 4 Change not only offers a physical challenge but also provides a powerful way for individuals and groups to ‘Step Up For Charity’ and raise money to support a charity that they connect with.

Each of the four towers at <a href="/buildings/west-side-place-melbourne-250-spencer-street-melbourne-vic-3000">West Side Place</a> will be dedicated to raising much-needed funds for a different and deserving cause, including building homes for women and children escaping family violence, supporting those living with life-altering conditions, and vital medical research.

<ul>
	<li>Tower 1: Ovarian Cancer Research Foundation</li>
	<li>Tower 2: Friedreich Ataxia Research Association (fara Australia)</li>
	<li>Tower 3: Good Friday Appeal</li>
	<li>Tower 4: The Victorian Homeless Fund</li>
</ul>

<img alt="West Side Place" data-entity-type="file" data-entity-uuid="f1443c90-8098-433a-9c7c-5e7251502425" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/West%20Side%20Place%20Towers.jpg?VersionId=hL563J70gxDdhXbtDWtu_ZG9cKDjTT2A" />

Lauren Sheldon, Director of Marketing and Sales at <a href="/developers/far-east-consortium">Far East Consortium</a>, said the developer is excited to contribute to Melbourne’s vibrant event scene and raise awareness for these worthy causes.

"This four-tower climb exemplifies our commitment to fostering a vibrant community. By bringing people together for this unique event, we aim to benefit everyone involved, from residents to participants and beyond,” Sheldon said.

EVENT DETAILS 
What | Towers 4 Change 
Where | West Side Place, 250 Spencer Street, Melbourne, VIC 3000 Date | Sunday 30th March 2025 
Time | 7am – 1pm

<h2>ABOUT THE CHARITY PARTNERS</h2>

<h2>Good Friday Appeal</h2>

Since 1931, the Good Friday Appeal has been dedicated to fundraising for The Royal Children’s Hospital so that it can continue to provide world-class care for children in Victoria and beyond. Funds from the Good Friday Appeal go towards ground-breaking research, state-of-the-art equipment and technology, education and family-centred care programs. GFA funds over 28 different projects each year - some are across multiple years, others one-off purchases.

“We are thrilled to be selected as a charity partner for the West Side Place Towers 4 Change, a unique and challenging event," Rebecca Cowan, Executive Director of the Good Friday Appeal, said.

"These funds will have a profound impact on funding state-of-the-art equipment, research, training, and patient- and family-centred care programs to continue the world-class care provided by The Royal Children's Hospital."

<h2>Friedreich Ataxia Research Association (fara Australia)</h2>

fara raises funds for research into treatments and a cure for Friedreich Ataxia (FA). FA is a rare genetic and progressive neuro-muscular disorder that is typically diagnosed in children or teens. It leads to loss of muscle coordination, fatigue, vision impairment, hearing loss, slurred speech, and then a serious heart condition which in many cases turns fatal by the mid-thirties. One in every 30,000 in Australia is affected. One in 90 people are carriers. There is currently no cure and no approved treatment in Australia.

Brad Hyde, Chief Executive Officer of fara Australia, says&nbsp;Friedreich Ataxia robs you of muscle strength, mobility and the ability to do even the everyday things we might take for granted.

"At fara, we are a small, rare disease charity with no government funding, raising funds for FA medical research. Being a partner of West Side Place Towers 4 Change will deliver the single greatest boost to awareness and fundraising beyond our own community. Every step climbers take will Lend Some Muscle to those living with FA and get us closer to finding that cure.”

<h2>Ovarian Cancer Research Foundation</h2>

The Ovarian Cancer Research Foundation (OCRF) supports vital research across the country that will help better detect, treat and prevent ovarian cancer. The OCRF is Australia’s largest independent funder of ovarian cancer medical research. Ovarian cancer is the most lethal women’s cancer with a five-year survival rate that has barely changed in decades, languishing at under 50 per cent. Addressing health disparity and funding inequity in cancer research is fundamental to achieving higher survival rates for ovarian cancer.

“West Side Place Towers 4 Change is a great new event that symbolises the heights we can achieve when we unite together for a cause, " Ovarian Cancer Research Foundation CEO&nbsp;Robin Penty says.

"Every step up, and every dollar raised, will directly support our vision of a healthy future for those impacted by ovarian cancer. This challenge is a powerful statement of hope, resilience, and the belief that each of us can make a difference. We are deeply grateful to the climbers and supporters helping OCRF achieve a step-change for women’s cancers, both figuratively and literally!"

<h2>The Victorian Homeless Fund</h2>

The Victorian Homeless Fund (VHF) is a Melbourne-based charity committed to providing safe and stable long-term housing for women and children escaping family violence. By building homes on unused residential land, the VHF offers families a fresh start and the opportunity to rebuild their lives. At its core, the VHF believes that everyone deserves a safe place to call home.

 
Colleen May, Victorian Homeless Fund Chair, says domestic violence is the single biggest cause of homelessness in Australia, and it's such a&nbsp;significant problem, it can't be solved by one group.

"If individually we all give a little, then collectively, we can change people’s lives. Every home we build is about extending a helping hand to those most in need, and providing a family with more than just a home—they gain hope and a future."

[smartcode_project_cta:default project_id=1270]

Far East Consortium's charity push in Australia’s biggest stair climb challenge

Prime Edition has kicked off 2025 with one of the first major projects of the year in Melbourne.

They’ve unveiled <a href="/new-apartments/33-queens-parade-clifton-hill-33-queens-parade-clifton-hill">33 Queens Parade</a>, a new development offering just 32 exclusive residences in the heart of Clifton Hill. The project is ideally situated between Edinburgh Gardens to the west and Darling Gardens to the east.

[smartcode_project:default project_id=134228 project_image_fid=322175]

The design, created by renowned local architecture firm <a href="/architects/cera-stribley-architects">Cera Stribley</a>, caters to a variety of buyers. The development includes 32 residences, comprising two and three-bedroom apartments, as well as six townhouses and two luxury penthouses.

Each residence features spacious, open-plan living and dining areas with floor-to-ceiling windows that maximise natural light.

[smartcode_project:default project_id=134228 project_image_fid=322189]

At the heart of each home is a kitchen equipped with premium Miele appliances, complemented by natural stone benchtops and splashbacks, timber laminate cabinetry, custom shelving, and a dry bar.

The master bedroom has been designed as a private retreat, with its own opulent ensuite and walk-in robe, while additional bedrooms are generously sized and have their own dedicated bathrooms.

[smartcode_project:default project_id=134228 project_image_fid=322185]

The design has also focused on seamless indoor-outdoor living. Every apartment and townhouse includes outdoor spaces, whether in the form of a balcony or a landscaped courtyard.

Beyond the residences, the development incorporates thoughtfully curated amenities, including EV charging stations, bike storage, and dog wash facilities, catering to the needs of modern urban living.

[smartcode_project:default project_id=134228 project_image_fid=322176]

Once a working-class suburb within the City of Collingwood, Clifton Hill’s transformation was propelled by the expansion of Melbourne’s tram network and the industrial growth along the Yarra River.

Today, it stands as one of the city’s most sought-after locales, renowned for its lush parklands, prestigious schools, and thriving café culture. Residents of 33 Queens Parade will enjoy unparalleled access to these amenities, all within a short distance from home.

The development also addresses a significant gap in the local property market, with fewer than 25 percent of Clifton Hill’s dwellings being apartments. As the first new development in the area in years, 33 Queens Parade represents a rare opportunity to secure a home in this tightly held suburb.

<a href="/developers/prime-edition">Prime Edition</a> has been developing across Melbourne's most affluent suburbs. Led by Eric Loi and Alistair Taylor, the firm has recently completed <a href="/buildings/arbour-park-352-358-canterbury-road-surrey-hills">Arbour Park</a> in Surrey Hills and is currently developing two other projects: Avoca, featuring five luxury full-floor apartments in <a href="/developments/south-yarra-vic-3141">South Yarra</a>, and <a href="/new-apartments/como-toorak-2-bruce-street-toorak">Como</a>, comprising 16 exclusive residences in <a href="/developments/toorak-vic-3142">Toorak</a>.

With 33 Queens Parade, Prime Edition continues its legacy of creating homes that redefine modern living while honouring the unique character of their surroundings.

[smartcode_project_cta:default project_id=134228]

With 33 Queens Parade, Prime Edition continues its legacy of creating homes that redefine modern living while honouring the unique character of their surroundings

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

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