Abadeen has released the whole-floor penthouse crowning its recently completed <a href="https://www.apartments.com.au/buildings/park-residences-cremorne-2-sutherland-street-cremorne-nsw-2090">Park Residences</a> development in Cremorne, bringing the near-300 sqm residence to market for the first time.

Occupying the entire top floor of the boutique Lower North Shore development, the penthouse includes 221 sqm of internal living and a 74 sqm wraparound terrace, with a prized north-facing aspect taking in views across Middle Harbour.

The residence has been completed and fully furnished following a collaboration between Abadeen Executive Chairman Justin Brown and internationally recognised interior designer Jack Freeman, Founder and Managing Director of FREEMAN &amp; CO.

<a href="https://www.apartments.com.au/developers/abadeen">Abadeen</a> and Freeman approached the penthouse as a finished home, sourcing furniture, artwork, lighting and objects from Australia and overseas.

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Pieces from Parisian design house Pierre Augustin Rose sit alongside contemporary artworks and bespoke lighting, with Freeman drawing on recent visits to PAD Paris and Salone del Mobile Milano for the final collection.

Brown said the aim was to create a penthouse that felt more like a large-scale private home than a traditional apartment.

"The experience begins the moment the lift doors open. You're welcomed into an elegant dining room before the home opens into an extraordinary living space framed by sun-drenched harbour views.

"Every time someone walks through the front door they pause. It's not just the view, it's the incredible sense of space, the warmth created by the northern sunlight that fills the interiors, and the way every room connects so effortlessly.

"It has all the proportions of a luxury home, while delivering the effortless lifestyle and personalised experience of living in a world-class six-star hotel, combined with the simplicity and convenience of apartment living."

[smartcode_project:default project_id=114246 project_image_fid=378713]

A secure lift provides exclusive access to the penthouse level, opening to a dedicated arrival foyer and dining area before the residence expands into its main living and entertaining spaces.

Floor-to-ceiling glazing runs across the northern side of the home, connecting the interiors with the terrace and Middle Harbour outlook.

The penthouse also features a fireplace and substantial chef's kitchen, while the wraparound terrace has been designed to accommodate both everyday outdoor living and larger-scale entertaining.

[smartcode_project:default project_id=114246 project_image_fid=378720]

Freeman said the interiors had been deliberately kept restrained to complement the scale, natural light and outlook already established by the architecture.

"The penthouse is a serene study in quiet luxury," Freeman said.

"The interior pairs soft, sculptural forms with warm timber, pale stone and a restrained neutral palette. Curated artwork and metallic accents add depth, while abundant natural light creates a calm, effortlessly refined atmosphere. In my world, less is always more."

Freeman said the approach was centred around collecting individual pieces rather than simply decorating the apartment.

"Every material, every object and every piece of furniture has been curated with intention. I am a true believer in collecting versus decorating.

"The architecture already provided extraordinary natural light, remarkable volume and an uninterrupted connection to Middle Harbour. Our role was to complement those qualities with unique one-of-a-kind pieces of fine art and collectible design sourced from recent travels around the world."

[smartcode_project:default project_id=114246 project_image_fid=378694]

Among the collection are solid bronze sculptures by Lorenzo Quinn, alongside a curated crystalware collection and pieces sourced from international design fairs.

Park Residences sits opposite Cammeray Golf Club, Cammeray Croquet Club and Grand Slam Tennis Cammeray, around 300 metres from Neutral Bay Village and its established collection of restaurants, cafés and retail.

Brown said the combination of a whole-floor floorplan, northern aspect and proximity to Neutral Bay was becoming increasingly difficult to find on the Lower North Shore.

"Completed whole-floor penthouses with a sun-drenched north-facing aspect and sweeping Middle Harbour views are exceptionally rare," Brown said.

"Add a quiet position opposite golf, croquet and tennis facilities, a level walk to Neutral Bay Village and only minutes to the CBD, and you have a lifestyle that's incredibly difficult to replicate.

"This is a home that offers the privacy and generosity of a luxury residence together with the convenience of one of Sydney's best-connected harbourside locations."

The penthouse will be exclusively marketed by SRM Residential.

[smartcode_project_cta:default project_id=114246]

Joel Robinson

Abadeen unveils penthouse at Park Residences in Cremorne

New Brisbane developer Dalcott has unveiled Marrone, the first of three residential projects it is planning in and around Browning Street in South Brisbane.

<a href="https://www.apartments.com.au/new-apartments/marrone-south-brisbane-39-browning-street-south-brisbane-qld-4101">Marrone</a> will comprise 97 predominantly two- and three-bedroom apartments, with larger residences aimed squarely at the owner-occupier market.

The project will sit in a quiet pocket of South Brisbane between South Bank and West End, close to the restaurants, cultural attractions and riverfront amenity that have driven the suburb's continued transformation.

Dalcott is targeting buyers looking for more space and amenity than has traditionally been offered in the inner-city apartment market, particularly downsizers and professionals wanting to remain close to the city.

[smartcode_project:default project_id=149951 project_image_fid=377072]

Resident facilities will be concentrated around an extensive rooftop amenity offering, including a swimming pool, spa, infrared sauna, warm and cold magnesium plunge pools, private lounge, dining room and outdoor entertaining areas.

Dalcott Managing Director Lachlan Cottee said South Brisbane's combination of lifestyle, connectivity and established character had been central to the approach to Marrone.

“South Brisbane offers a combination of lifestyle, connectivity and character that’s difficult to replicate elsewhere in Brisbane,” Cottee said.

“Our focus has been on creating homes that feel connected to that environment while providing the level of design, functionality and quality that today's owner-occupiers expect.”

The residences will feature an expressive material palette. Italian Calacatta Viola marble, known for its deep burgundy veining, will be paired with aged brass tapware, Chestnut engineered timber flooring and Tuscan Oak joinery.

<img alt="Marrone" data-entity-type="file" data-entity-uuid="b8d833da-3b30-496a-ae30-07bdff371b50" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-25%20at%2010.52.35%E2%80%AFAM.png?VersionId=P6DAgOfaQzIXljKKK5j3e5NhWtrHIu9G" />

Bathrooms will feature Nara Japanese ceramics and glass bricks, while clay, walnut and brass lighting will be used throughout the apartments.

Dalcott has appointed Realm Projects, led by Managing Director Shane Foley, to handle sales and marketing following previous sold-out collaborations between the groups.

Foley said the Brisbane apartment buyer had become increasingly focused on the quality of the home itself rather than simply securing an inner-city address.

“We expect to see strong demand from buyers who still want all the advantages of inner-city living but aren’t prepared to compromise on the quality of their home,” Foley said.

“Many will be downsizers looking to leave behind the maintenance of a traditional family home without giving up the space they enjoy, while others are likely to be professionals wanting a residence that reflects the way they live today.”

“Marrone responds directly to that demand, with generous floorplans, exceptional resident amenity and a location that places some of Brisbane’s best dining, entertainment and cultural attractions within walking distance.”

<img alt="Marrone" data-entity-type="file" data-entity-uuid="61f7b22f-899e-4c0f-940a-7d3ab1bfb93a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-25%20at%2010.52.44%E2%80%AFAM.png?VersionId=PvN1JYxBgUpyCB7efKo52WGdSDs9nmim" />

Marrone will be the first project delivered as part of Dalcott's broader investment in the precinct.

It will be followed by La Terra, a boutique project comprising penthouse-style, single-level apartments on a northeast corner site with extensive resident amenity and city views.

Cottee said Marrone represented the first stage of the group's longer-term plans for the area.

Dalcott was established in 2025 by Lachlan Cottee and Ben Dalgliesh, combining development and construction capability under an integrated model and focusing on architecturally considered residential projects.

Marrone will initially be offered through a pre-release registration campaign ahead of its broader public launch.

Dalcott targets owner-occupiers with South Brisbane debut Marrone

Parnell Developments is the latest to seek significant uplift through the NSW Government's Housing Delivery Authority on a Strathfield site previously approved for a much smaller apartment development.

Parnell has sought approval for a 32-storey mixed use tower across&nbsp;<a href="https://www.apartments.com.au/new-apartments/7-lyons-street-strathfield-nsw-2135">3-7 Lyons Street and 18 Parnell Street</a>, a&nbsp;1,857 sqm site around 400 metres from Strathfield Station. The building would yield 160 apartments, 15 per cent of which will be dedicated affordable as per the government mandate for buildings seeking additional uplift.

Approved previously was a nine-storey building back in 2022 with just over 30 apartments. That approval came prior to the project being&nbsp;progressively reconsidered as planning policy shifted toward greater density around transport hubs.

<img alt="Strathfield" data-entity-type="file" data-entity-uuid="c5af5281-a643-4eb2-b8c4-0081b59c04c7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-25%20at%209.16.48%E2%80%AFAM.png?VersionId=37bd3mI7rHNpThOV_75VO8xsGFwWOi1u" />

Turner has designed the latest building that would replace&nbsp;existing detached homes across the four lots.

The apartment mix comprises 22 one-bedroom apartments, 107 two-bedroom and two-bedroom-plus configurations, and 31 apartments with three or more bedrooms. The scheme also includes 203 car spaces across six basement levels and 58 bicycle spaces.

The proposal has been designed around a three-storey podium addressing Lyons Street, with the tower rising above and stepping toward its upper levels.

Turner said the podium was deliberately scaled to respond to the existing street, while the taller element has been designed as part of the emerging skyline anticipated around Strathfield Town Centre and the wider Homebush transport-oriented development precinct.

The Lyons Street frontage would have a more active, pedestrian-focused character, incorporating the commercial tenancy, landscaping and a brick-framed podium with an awning.

<img alt="Strathfield" data-entity-type="file" data-entity-uuid="14b20874-b8c3-4ac7-bc03-92be9a69fb78" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-25%20at%209.17.48%E2%80%AFAM.png?VersionId=av.9TxtqIRTC6v3PkSuu1rL9rreWoe2h" />

Parnell Street, which faces the railway corridor, has been given a different architectural treatment, with double-height breeze blocks, landscaping and communal areas used to soften the interface with the rail infrastructure.

The tower itself uses curved and recessed facade elements, with wave-like indentations across the northern elevation breaking the building into three vertical forms.

A palette of grey concrete, brick and breeze blocks is complemented by clay and terracotta accents, while the upper tower adopts a lighter expression through articulated slab edges, vertical fins and recessed glazing.

Residents would have access to 467 sqm of communal open space spread across three levels. The ground floor would accommodate the more active resident areas, including barbecue and group gathering spaces and an internal communal room capable of being used for working from home.

A more passive viewing deck is proposed at level three, overlooking the ground-level landscaping and neighbouring tennis courts, while a rooftop "sunset deck" at level 30 would provide another social and relaxation space.

<img alt="Parnell" data-entity-type="file" data-entity-uuid="c3dce401-a80f-4682-8471-4caa01180880" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-25%20at%209.17.34%E2%80%AFAM.png?VersionId=Xyo8JVqbOhSJXNy6Ih.1cHL.O6i0bGR." />

&nbsp;

&nbsp;

&nbsp;

Strathfield has been earmarked for substantial change through the Strathfield Town Centre planning work and the nearby Homebush TOD precinct.

Turner's report says the project has been designed to act as a transition between the existing low and mid-rise development surrounding the site and the taller built form expected to emerge across the town centre.

The proposal is being assessed as State Significant Development under the HDA pathway, alongside the concurrent request to amend the Burwood Local Environmental Plan.

First look: New apartment tower pitched for Strathfield Town Centre precinct

An $18 million penthouse has hit the market in Main Beach as construction tops out on La Mer, the $155 million apartment development rising just metres from the beach.

Spanning around 600 sqm across the top two levels of the 29-storey tower on Main Beach Parade, the four-bedroom penthouse is one of the latest eight-figure residences to test the upper end of the Gold Coast apartment market.

Its launch comes amid continued activity at the very top of the market, following the $30 million off-the-plan sale of a Burleigh Heads penthouse earlier this year, which surpassed the Gold Coast's previous $24 million apartment record set in 2023.

The <a href="https://www.apartments.com.au/new-apartments/la-mer-main-beach-3580-main-beach-parade-main-beach-qld-4217">La Mer penthouse</a> has been designed as a private residence in the sky, with 360-degree views spanning the ocean, Broadwater, hinterland and Gold Coast skyline.

[smartcode_project:default project_id=95606 project_image_fid=378731]

All four bedrooms have ensuites, while the ocean-facing master retreat occupies around half of the upper level and includes its own lounge, private balcony, two walk-in wardrobes and an oversized ensuite with a freestanding stone bath positioned to take in the views.

The residence also features a kitchen designed to accommodate a private chef, a 3.6-metre island bench, expansive butler's pantry, wine cellar and integrated bar.

[smartcode_project:default project_id=95606 project_image_fid=378732]

A rooftop pool and substantial outdoor entertaining area with its own kitchen sit above the residence, while a grand staircase connects the two internal levels. The penthouse also has its own express lift.

OTP Group Director James Elliott, who is marketing La Mer, said the penthouse was expected to appeal to high-net-worth buyers seeking either a permanent Main Beach residence or Gold Coast holiday home.

“The La Mer penthouse represents exceptional value, considering its quality design, size, privacy and location, not to mention the 360-degree views capturing the beach and Gold Coast Broadwater,” Elliott said.

“We’re anticipating interest from high-net-worth individuals and couples seeking a residence or holiday home in the sought-after village enclave of Main Beach, taking advantage of the unprecedented growth underway in the area and neighbouring The Spit.”

[smartcode_project:default project_id=95606 project_image_fid=378736]

La Mer is being developed by developer-builder ODUS and Nazero, in partnership with funder Metrics Credit Partners.

ODUS Director Byron Sakha said topping out the tower had provided the opportunity to release the project's most significant residence.

“We’ve worked with internationally-recognised studio Sici Design on the penthouse interiors, with a focus on ensuring it isn’t luxury for luxury’s sake. Every element has been thoughtfully designed to enhance quality of life for those who call it home,” Sakha said.

“The views are the hero of virtually every space, but we’ve given equal attention to the fittings and finishes, so every detail exudes elegance and refinement.”

Sici Design Founder and Director Maria Papadopoulos said the extensive views became an integral part of the interior design rather than simply something the residence was designed around.

“The views weren't something we designed around, they became part of the design itself, with the true luxury of La Mer in its feeling of peace, calm and wellbeing,” Papadopoulos said.

“Luxury isn't defined by how something looks, but how it makes you feel, and we believe a luxurious home should be beautiful to live in, not stressful to maintain.”

The interiors combine Austral Dream Dolomite natural stone and travertine with timber flooring and a restrained coastal palette.

[smartcode_project:default project_id=95606 project_image_fid=378734]

Designed by Plus Studio, La Mer is one of the more boutique additions to the rapidly changing Main Beach apartment market.

The tower comprises just 24 full-floor, three-bedroom plus multipurpose room apartments below the two-level penthouse, giving the project a considerably lower density than many of the larger towers being developed across the Gold Coast.

Residents will have access to a pool and spa, gym, sauna, barbecue facilities, private sun lounges, yoga lawn and outdoor beach shower.

The penthouse has been released as part of the final collection of residences at La Mer, with remaining apartments priced from $4.3 million.

Construction is expected to complete later this year, with a fully furnished display apartment now open on level four.

[smartcode_project_cta:default project_id=95606]

ODUS releases $18 million penthouse crowning La Mer Main Beach

<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

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?

Construction is underway at&nbsp;<a href="/new-apartments/wanda-terraces-caulfield-north-14-16-hawthorn-rd-caulfield-north">Wanda Terraces</a>, a boutique apartment development in <a href="/developments/caulfield-north-vic-3161">Caulfield North</a>.

Regard construction firm&nbsp;<a href="/builders/iurada">Iurada</a>&nbsp;is leading the build of the development of just 24 apartments at the junction of&nbsp;Wanda and Hawthorn Road, which will be ready for off the plan buyers in early 2026.

Buyers now have a narrowing window to purchase and customise their two or three-bedroom apartment, which now comes with no stamp duty thanks for the VIC Government's <a href="/news/qld/vic-abolishes-stamp-duty-for-off-the-plan-apartments-could-qld-be-next">recently introduced stamp duty policy.</a>

[smartcode_project:default project_id=112388 project_image_fid=208642]

The architecture of Wanda Terraces has been crafted by <a href="/architects/ewert-leaf">Ewert Leaf</a>, with landscaping designed by John Patrick. The apartments aim to cater to owner-occupiers seeking premium living in a desirable location, with large outdoor spaces and high-end finishes featured throughout.&nbsp;

The interiors are designed with both aesthetics and practicality in mind, with kitchens showcasing natural stone countertops, custom cabinetry, and European appliances.&nbsp;

The open-plan layout extends into living and dining areas, creating a central hub for daily life and social gatherings.&nbsp;

Each apartment also comes with ample terrace space for outdoor relaxation or entertaining.

[smartcode_project:default project_id=112388 project_image_fid=208645]

Residents will benefit from several advanced security and convenience features including biometric fingerprint access, number plate recognition for seamless entry, and secure parcel lockers.

Electric vehicle chargers are available in the basement, alongside a dedicated car wash and pet wash facility.&nbsp;Each apartment includes two car spaces, further enhancing the convenience offered to residents.

Located close to Caulfield Park, Wanda Terraces provides access to green spaces and recreational opportunities.&nbsp;

The proximity to public transport, including nearby tram lines, and the shopping options at Malvern Central add to the lifestyle appeal of Wanda Terraces.&nbsp;

Completion of Wanda Terraces is anticipated in early 2026.

[smartcode_project_cta:default project_id=112388]

Regard construction firm Iurada is handling the build that will be complete in early 2026

Construction starts at Wanda Terraces in Caulfield

"I don't buy off the plan."

That's what Melbourne resident Jill said nearly 12 months ago while contemplating a move from her family home.

Jill, who works for an international engineering company, has lived in cities like Sydney, Denver, and London over the past three decades, yet, she always envisioned settling down in Melbourne.

Still just in a research phase, it was casual coffee chat on a weekend with <a href="/project-marketer/projects-by-buxton">Projects by Buxton</a> Director Heath Thompson that decided her next move.

"The first words I said to Heath were that I wouldn't buy off the plan,"&nbsp;Jill joked as she recalled their meeting just before Christmas in 2023.

"An hour later, I was calling my friend and telling her I'd be late for our brunch."

The conversation with Heath set the wheels in motion for Jill to purchase a two-bedroom apartment in <a href="/buildings/galerie-glen-iris-1538-1540-high-street-glen-iris-vic-3146">GALERIE</a>, the boutique development in Glen Iris that is now a few months away from occupancy.

[smartcode_project:default project_id=112375 project_image_fid=250357]

"I appreciated Heath's considered approach to understanding my lifestage, my wants and my needs."

Since the purchase,&nbsp;Jill says she hasn't looked back.

Developer LDS Property and Projects by Buxton hosted a buyer event at Big Plans, a company that allows buyers to project their apartment onto the floor and move around furniture so they can get a life-size scale of what they're buying.

Jill had made a few changes to her floorplan, including adding a fireplace to the living room. On top of the flexibility to customise, it was the attention to detail and care from the wider team that made her&nbsp;feel part of the process.

"Rachael, the development manager from M2Co, said she had looked at the fireplace request and said that it would be a nice addition to the living space. She said she wouldn't have let me add it if it impacted my liveability or the design, and I thought&nbsp;that was so nice to know you were being looked after behind the scenes."

[smartcode_project:default project_id=112375 project_image_fid=250355]

Jill is excitedly awaiting settlement and a move-in date which will be before Christmas.

"At the buyer event we got to meet several of the people I'll be calling neighbours, many of whom are downsizers."

Jill says the downsize will mean less unnecessary clutter, and no maintenance of a garden, and it will mean staying in an area she has loved for many years.

On GALERIE as a whole, Jill says it ticked all the boxes for her.

"It’s the perfect balance of low-maintenance living and style, and I’m ready to enjoy my new space."

Jill took part in Urban's Buyer Q&amp;A series which focuses on the driving factors behind&nbsp;<a href="https://expert-insights/buying/the-top-eight-considerations-when-buying-off-the-plan" target="">buying off the plan</a>&nbsp;property in Australia

[smartcode_project_cta:default project_id=112375]

"The first words I said to Heath was that I wouldn't buy off the plan," Jill joked as she recalled their meeting just before Christmas in 2023

Why a downsizer who wouldn't buy an off the plan apartment, bought an off the plan apartment in GALERIE Glen Iris: Urban Buyer Q&A

It's fair to say that the Melbourne property market has been the most challenging property market across Australia since onset of the pandemic.

Rolling lockdowns, more than any other state capital, and up there with one of the most locked down cities in the world, put the city back several paces.

This, combined with the lifestyle shift to regional areas driven by COVID, rapid interest rate increases, and ongoing tax hikes over several years, has left many demographics—who are typically eager to buy property—in a holding pattern.

Until now.

The Allan Government has introduced two key policies that they believe will stimulate the off the plan market.

The first was the announcement that they were encouraging new apartment development <a href="/news/vic/50-new-train-and-tram-zone-activity-centres-to-encourage-new-apartment-development-across-melbourne">around 50 train and tram stations</a>.&nbsp;

So far 25 of the 50 have been named, with a focus on stations that benefit from the Metro Tunnel and the well-serviced Frankston,&nbsp;<a href="/developments/sandringham-vic-3191">Sandringham</a>, Belgrave/Lilydale and Glen Waverley Lines. The rest of the stations will be announced before the end of the year.

Read more:&nbsp;<a href="/news/vic/50-new-train-and-tram-zone-activity-centres-to-encourage-new-apartment-development-across-melbourne">50 new ‘train and tram zone’ activity centres to encourage new apartment development across Melbourne</a>

The biggest announcement however came earlier this week when the government abolished stamp duty for anyone buying off the plan. What's more, unlike previous policies that saw stamp duty paused, this policy applies to every buyer, at every price point, across the whole of Victoria, for exactly 12 months starting from October 21 2024 to October 21 2025.

<a href="/">Apartments.com.au</a> CEO Mike Bird said the challenges of the market have been well documented in the last few years, but the effect of the stamp duty changes will be felt immediately

"The shackles are off and buyers are going to be able to save tens, if not hundreds of thousands, in the next 12 months," Bird says, adding that the market, both developers and buyers, have been waiting for this sort of stimulus for several years.

"The demands put on the VIC government from the sector has forced its hand to act. We're at a significant shortfall of housing across Victoria.

"Developers aren't developing, in part because a large section of buyers can't afford prices of new apartments, which have gone up due to the cost of labour and materials. The rapid increase in interest rates has pushed first home buyers and investors out of the market, while downsizers have proven slow to respond to new apartments because they have to pay the stamp duty tax and they're choosing to stay in their homes for longer.

“While this isn’t&nbsp;a silver bullet, when paired with upcoming interest rate cuts, it should have a material impact."

Bird says the next step is to apply the same policy&nbsp;in the house and land sector.

Scott Jessop, Head of Sales and Marketing at <a href="/developers/sunkin-property-group">Sunkin Property Group</a> who is developing <a href="/new-apartments/highett-common-37-graham-road-highett-vic-3190">Highett Common</a>, set to be the&nbsp;first Net Zero Community in Victoria, says that the upcoming changes will benefit all of Victoria, impacting anyone looking to purchase or rent a property in the future.

However, he emphasizes that this is just a small step toward restoring a normal housing supply environment. Over the past decade, various negative taxes and challenges have contributed to a significantly suppressed housing supply, which has played a major role in the current housing crisis.

[smartcode_project:default project_id=108019 project_image_fid=300063]

Jessop says the stamp duty will help the supply of rentals due to investors now more likely to get into the market.

"I've seen investors over nearly 20 years in the market as the fundamental backbone that brings the most affordable long-term rental properties to the market and essentially housing supply.

"For both local and foreign investors that I've previously seen, the majority of them want a return on their investment and it's these types of sales, when combined with first home buyers, downsizers, and rightsizers, allows developers to secure their pre-sales to bring a project out of the ground to deliver the supply of housing."

Jessop says despite the announcement only coming earlier this week, enquiry rates have already risen.

"People&nbsp;can see there is real value in Melbourne's off the plan apartment and townhouse market when you compare it to Brisbane, Gold Coast, Adelaide and Perth's market values over the past couple of years. We also know that fundamentally Melbourne is still a great market overall and may have struggled a bit post-COVID, however good quality real estate and a good quality city will always prevail long term and a shift in interest rates and population growth will certainly assist with this."

After great success of the first two stages, Sunkin recently released the third stage of Highett Common. The Mews Collection comprises a trio of buildings with 185 one, two and three-bedroom apartments. The Mews Collection also includes the first luxury apartments within the precinct.

Read more:&nbsp;<a href="/news/vic/sunkin-reveal-the-mews-collection-highett-commons-latest-release">Sunkin reveal The Mews Collection, Highett Common's latest release</a>

[smartcode_project:default project_id=108019 project_image_fid=300057]

Developer <a href="/developers/sma-projects">SMA Projects</a>&nbsp;accidentally timed the launch of their newest apartment project to perfection. It was earlier this month that they launched <a href="/new-apartments/the-regent-fitzroy-340-fitzroy-street-fitzroy-vic-3065">The Regent Fitzroy</a>, their new development of 64 one two and three-bedroom apartments on the site of the former Regent Theatre on Fitzroy Street. Now buyers can take full advantage of stamp duty savings across each of the configurations.

Emily Shaddick at SMA Projects said those&nbsp;spending $2.5 million on an apartment at The Regent will save well over $100,000 in stamp duty for the next 12 months.

"The savings will encourage downsizers out of their homes where previously they were looking at a hefty bill to do so," Shaddick says, adding that&nbsp;even buyers of the one-bedroom apartments at The Regent will save more than $30,000.

[smartcode_project:default project_id=24824 project_image_fid=304614]

Shaddick expects that, with no cap on the purchase price to receive a saving, downsizers will act swiftly on the savings.

"Downsizers and rightsizers now have an opportunity to secure a quality off the plan apartment with a floorplan that really suits their needs, and whilst developers are constructing the property, the purchaser has the flexibility to sell their current home in a future market when inevitably interest rates fall and the established market has responded."

[smartcode_project:default project_id=24824 project_image_fid=304611]

Marshall White Director, Leonard Teplin, who is working across several developments across Melbourne, particularly in the downsizer space, has seen a marked uptick in enquiry in a few short days since the announcement.

"This is a game-changer for downsizers," Teplin says.

"They can now purchase high-end apartments&nbsp;or townhouses without the hefty stamp duty, making the transition more financially appealing. I expect to see a surge in downsizer activity, especially in premium inner-city and Bayside locations. This also has a dual benefit of encouraging downsizers to transition from the family home, and therefore, making more established housing available for family buyers."

[smartcode_project:default project_id=109908 project_image_fid=221811]

Teplin believes there will be a&nbsp;significant boost in off the plan sales over the next 12 months, however, the VIC Government hitting its full-year target of delivering around 80,000 homes might still be challenging due to construction industry capacity constraints and planning approval timelines.

"If the scheme proves successful, there could be a strong case for extending it beyond the initial 12 months to maintain momentum and address long-term housing supply issues."

Noorden Projects Director Dave Lamond says he's already&nbsp;received "quite a few calls" from potential purchasers looking to make the most of the stamp duty savings they may be eligible for.

"The opportunity can certainly help the higher-end apartment buyers to make the figures work&nbsp;and developers to encourage purchasers to put pen to paper," Lamond says.

"Now is the&nbsp;hustle to get the figures through the quantity surveyors to help give people the confidence around their potential stamp duty."

[smartcode_project:default project_id=5366 project_image_fid=61084]

He says the savings have opened up an opportunity at some of the more premium developments he's marketing, like Duke in Collingwood which is under construction.

"It’ll be a busy 12 months in the luxury market."

"The shackles are off": What the abolition of stamp duty really means for the Melbourne new apartment market

New buyers at Toorak Park, the regarded apartment development on the fringe of Toorak and Armadale by the ASX-listed developer Lendlease, have the chance to take advantage of a $25,000 rebate for a limited time.

Located just 8 km from Melbourne's CBD and adjacent to Toorak Station, <a href="/buildings/toorak-park-armadale-590-evergreen-mews-armadale">Toorak Park</a> spans 2.5 hectares and includes a mix of residential buildings designed in collaboration with <a href="/architects/denton-corker-marshall">Denton Corker Marshall</a>, <a href="/interior-designers/carr-interiors">Carr Design Group</a>, and <a href="/architects/koichi-takada-architects">Koichi Takada Architects</a>.

The extensive landscaping, designed by <a href="/landscape-architect/tract-landscape-architects">Tract</a>, adds to the appeal, with open spaces making up a third of the site, including a bluestone plaza, communal gardens, and leafy boulevards.

[smartcode_project:default project_id=377 project_image_fid=211689]

The availability of these completed apartments presents a unique opportunity in a market where new developments in Toorak are scarce, especially at more accessible price points.&nbsp;

Toorak Park features a selection of one to four-bedroom apartments starting from $780,000.

While Toorak has historically been dominated by family homes, with more than 60 per cent of households consisting of families, Toorak Park introduces modern, affordable options for those who have struggled to buy into the local market.

[smartcode_project:default project_id=377 project_image_fid=211685]

The apartments feature reconstituted stone and timber, European appliances, and generous balconies extending the living spaces outdoors.&nbsp;

The inclusion of car parks for every one-bedroom apartment is a rarity in the area and further enhances the development’s attractiveness for those looking for both convenience and long-term value.

[smartcode_project:default project_id=377 project_image_fid=211688]

Toorak Park offers an array of exclusive amenities including a fitness centre and an indoor swimming pool.

The architectural vision behind the development was to create a "village within a village," connecting the nearby Beatty Avenue shops and Orrong Road with newly opened access to the Toorak railway station.&nbsp;

The result is a highly connected, community-focused environment that blends seamlessly with the established character of Armadale.

[smartcode_project_cta:default project_id=377]

While Toorak has historically been dominated by family homes, with more than 60 per cent of households consisting of families, Toorak Park introduces modern, affordable options for those who have struggled to buy into the local market.

$25k rebates for apartment buyers at Toorak Park

DCF Property Group has appointed Valeo Construction Group as the builder for its New Johnston apartment development in Abbotsford.&nbsp;

<a href="/new-apartments/new-johnston-abbotsford-400-johnston-street-abbotsford-vic-3067">New Johnston</a> marks the first apartment development launched in <a href="/developments/abbotsford-vic-3067">Abbotsford</a> in four years.

The development, situated at 398-400 Johnston Street near Victoria Park Station and Victoria Park, comprises 46 one, two, and three-bedroom apartments across nine levels. New Johnston will also include ground-level retail spaces.

[smartcode_project:default project_id=110322 project_image_fid=259888]

New Johnston's streetscape reflects Abbotsford's industrial heritage through the use of concrete, red brickwork, metal detailing, and balustrading.

"New Johnston is contextual to its physical surroundings - the trees, the parks as well as the area's renowned architectural heritage," Calvin Huang, CEO of <a href="/developers/dcf-property">DCF Property Group</a>, said.

The northern façade, with its depth and stepped design, provides natural light to the interiors and offers sweeping views of Victoria Park.

[smartcode_project:default project_id=110322 project_image_fid=259890]

Andrew Zunica, Principal of Zunica Design, said the intention for New Johnson was to create a connected series of tranquil spaces through the repeated use of natural materials.

"Warm timbers envelop the apartments, stone wraps into service areas, and brass details punctuate in delicate proportions," Zunica said.

"The connection to exterior views and natural light is ever present, creating a sense of constant calm and refuge throughout the day."

Returning home to New Johnston, the cascading greenery and avenue of mature trees adorning a covered laneway separates the hospitality, office, and retail spaces on the lower levels from the residential apartments above. This walkway also guides residents to the basement car parking, bicycle parks, and a central courtyard garden.

[smartcode_project:default project_id=110322 project_image_fid=259900]

The 46 apartments will feature open floor plans, private balconies, and dual-aspect views, with interiors showcasing high-quality fixtures, warm natural timbers, concrete, and modern finishes.

At the heart of each apartment lies a kitchen boasting white terrazzo-style stone benchtops, engineered timber floorboards, and stone and mirror finishes, complete with premium Westinghouse appliances and innovative storage solutions.

[smartcode_project:default project_id=110322 project_image_fid=259898]

With a WalkScore of 90, New Johnston's location offers residents easy access to a range of amenities, including the Yarra River, Victoria Park, and prestigious schools.

<a href="/builders/valeo-construction">Valeo Construction Group</a>&nbsp;is forecasting New Johnston will be complete in late 2025. Jellis Craig Projects Director Stephen Bowtell is marketing New Johnston.

[smartcode_project_cta:default project_id=110322]

Valeo Construction Group is forecasting New Johnston will be complete in late 2025

mikah.m@urban.com.au

Valeo Construction to build New Johnston, Abbotsford new apartments

The Allan Labor Government will deliver more homes for young people, families and downsizers around 50 train stations and tram stops in Melbourne’s inner suburbs.

In an expansion of the Government’s Activity Centre program, Premier Jacinta Allan and Minister for Planning Sonya Kilkenny visited Middle Brighton Station today to announce the station will form the heart of one of 50 new ‘train and tram zone’ Activity Centres to help deliver more than 300,000 additional homes across Melbourne by 2051.

The new ‘train and tram zones’ encourage more homes around high-frequency train lines – with the first 25 announced today focusing on stations that benefit from the Metro Tunnel and the well-serviced Frankston, Sandringham, Belgrave/Lilydale and Glen Waverley Lines.

Premier Jacinta Allan&nbsp;said building more homes around 50 inner-suburban train stations means young people have more opportunity to rent or buy a place that’s directly connected to public transport.

“I know it won’t fix everything, but it will deliver more homes and new life to inner suburbs that are full of jobs, transport and services – where young buyers and renters are currently locked out.”

[smartcode_project:default project_id=12457 project_image_fid=217233]

Melbourne’s train network has completely transformed over the last 10 years, with more services, more than 50 new or upgraded stations, 84 level crossings gone for good, more to go – and the Metro Tunnel on its way next year.

<ul>
	<li>Seven centres connected to the new Metro Tunnel will enjoy a service boost on new trains – Carnegie, Hughesdale, Murrumbeena, Oakleigh, Middle Footscray, West Footscray and Tottenham Stations. 
	&nbsp;</li>
	<li>Six centres along the Belgrave/Lilydale Line (and the existing Camberwell and Ringwood activity centres) benefit from 5-minute peak services: Hawthorn, Glenferrie, Auburn, Blackburn, Nunawading and Mitcham Stations. 
	&nbsp;</li>
	<li>On the Frankston Line, four centres are located at Toorak, Hawksburn, Armadale and Malvern Stations. All level crossings on this line will go, and trains will return to the City Loop when the Metro Tunnel opens. 
	&nbsp;</li>
	<li>On the Sandringham Line, where eight trains per hour run during peak times, four centres are located at North Brighton, Middle Brighton, Hampton and Sandringham Stations. 
	&nbsp;</li>
	<li>On the Glen Waverley line, where nine trains per hour run during peak times, centres are located at Tooronga Station, Darling Station, plus a combined centre covering both Gardiner and Glen Iris Stations. 
	&nbsp;</li>
	<li>One centre, Toorak Village, is a built-up area along the Route 58 tram. This centre plus Middle Footscray are classified as smaller ‘neighbourhood activity centres’ to plan for more modest growth.</li>
</ul>

The locations for the remaining 25 of 50 ‘train and tram zone’ Activity Centres will be announced in late 2024 with the release of Plan For Victoria – a comprehensive plan to support the future of every community in the state.

[smartcode_project:default project_id=112375 project_image_fid=250357]

All but one of the first 25 of 50 centres are based directly on train stations and all are serviced by trains, following community feedback on the 10 draft Activity Centre Plans emphasising the importance of transport connections.

The 25 centres will be delivered in two tranches over the next 12 months, with timelines to be communicated clearly. The process for all 50 new centres is likely to be complete by 2026.

The 50 new centres add to the 10 initial Activity Centres in Broadmeadows, Camberwell, Chadstone, Epping, Frankston, Moorabbin, Niddrie, North Essendon, Preston and Ringwood – but the plans won’t be the same, because every community is different.

"Activity Centre planning is about building more opportunities and better communities by setting clear expectations for long-term growth, giving the community a say early, and streamlining planning to unblock home building," the VIC Government stated.

"Overall, the vision for train and tram zones is for taller buildings in the immediate ‘core’ at the station, with gentler, scaled height limits and more low-rise apartments and townhouses alongside existing houses in the walkable catchments surrounding."

&nbsp;

The Activity Centre Pilot Program was announced in Victoria’s Housing Statement. Alongside delivering 13,300 new social and affordable homes, and Australia’s largest housing project – the Suburban Rail Loop and its six housing precincts.

Minister for Planning, Sonya Kilkenny, said the program is planning for Melbourne's future.

“This isn’t about overnight change – this is about incremental change that sets Victoria up for the next generation, so we can have more opportunities for young people and better communities for everyone," Kilkenny said.

“Many of these communities have never had a formal plan for their future before, and this process will enhance what’s special about these suburbs while delivering more homes near transport, shops, schools, services and parks.”

The Allan Government has also just announced it is <a href="/news/vic/vic-government-slashes-stamp-duty-for-off-the-plan-property-buyers-savings-available-immediately-oct-2024">removing stamp duty in full for off the plan buyers for 12 months</a>.

50 new ‘train and tram zone’ activity centres to encourage new apartment development across Melbourne

In a significant policy move aimed at stimulating the property market, the Victorian government has announced a major reduction in stamp duty for off-the-plan apartments, units, and townhouses.

Effective from October 21, 2024, the expanded concessions will apply to all eligible off-the-plan purchases and will remain in place for one year.

This initiative, designed to address the state’s housing affordability crisis, opens a window of opportunity for prospective buyers, particularly investors and owner-occupiers, to secure substantial stamp duty savings.

Key Changes to Stamp Duty Concessions

Previously, stamp duty on off-the-plan purchases was calculated based on the total price of the property, including the construction value. Under the new scheme, stamp duty will be calculated solely on the land value before construction begins. This shift in policy significantly reduces the financial burden for buyers, particularly in metropolitan areas where property prices continue to rise.

For example, a Victorian purchasing an off-the-plan apartment valued at $620,000, with the land component valued at $77,500, will now pay just $4,000 in stamp duty—down from $32,000. This $28,000 saving represents a significant reduction in upfront costs for property buyers, potentially unlocking the market for a wider demographic.

The changes also eliminate the previous cap on concessions, expanding eligibility beyond first-home buyers to include any purchaser of off-the-plan apartments, units, or townhouses within a strata subdivision.

<a data-entity-type="file" data-entity-uuid="69bb2163-758b-4133-85ae-a669cf3061bb" href="/developments/melbourne-vic"><img alt="Search New &amp; Off-the-Plan Property across Victoria" data-entity-type="" data-entity-uuid="" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-10-21%20at%208.49.26%20am.png?VersionId=tO1ATB0FSWLbOgFkHuqwpy6iUKclkflP" /></a>

Who Benefits from the Scheme

The new stamp duty concessions are aimed at boosting sales in Victoria’s off-the-plan sector, which has been slowing due to high taxes and market uncertainty. The scheme covers properties that are part of a strata subdivision. However, it excludes house and land packages or dwellings not part of a strata subdivision.

Existing concessions for first home buyers remain unchanged. Homes valued up to $600,000 will continue to benefit from full stamp duty exemptions, and concessions apply to properties valued up to $750,000.

A Limited-Time Opportunity for Buyers

The stamp duty concession is a time-sensitive initiative, with the expanded benefits available only until October 21, 2025. Buyers who are considering entering the market are urged to act promptly to take advantage of the scheme, as the concession will revert to its previous structure after this period.

For developments currently under construction, buyers are also eligible for reduced stamp duty, although the exact savings will depend on how much of the construction has been completed at the time of purchase.

Impact on the Market

The Victorian property industry has long advocated for a reduction in stamp duty, arguing that the high upfront cost has acted as a deterrent for both buyers and developers. By lowering these barriers, the government aims to revitalise the market, particularly in Melbourne, where apartment supply has struggled to keep pace with demand.

The concessions are expected to have a positive ripple effect on the rental market as well, as more off-the-plan properties come online. Developers will benefit from increased pre-sale success, helping them to meet financing requirements and commence construction sooner.

What Buyers Need to Know

For those interested in purchasing an off-the-plan property, the expanded stamp duty concessions represent a rare financial advantage. The Victorian government's removal of the concession cap makes this offer more widely available than previous schemes, opening the door for both investors and owner-occupiers to secure valuable savings.

Apartments.com.au will continue to provide updates on off-the-plan developments and related policy changes. Buyers interested in learning more about the stamp duty reduction can explore our latest listings or contact us for further insights into how this change could benefit them.

Summary of Eligibility:

<ul>
	<li>Applies to off-the-plan apartments, units, and townhouses within a strata subdivision.</li>
	<li>Stamp duty calculated based on land value, not total property price.</li>
	<li>Available for one year, ending October 21, 2025.</li>
	<li>No cap on eligibility; open to all buyers, not just first-home purchasers.</li>
	<li>With the Victorian government’s stamp duty concession, now is an ideal time for property buyers to enter the market while this limited offer remains available.</li>
</ul>

Victorian government's stamp duty cuts on off-the-plan apartments, units, and townhouses offer significant savings for property buyers. Learn more about eligibility, how to benefit, and why now is the prime time to buy with these expanded concessions.

Michael Bird

VIC Government slashes stamp duty for off-the-plan property buyers - savings available immediately, Oct 2024

Lifestyle developer GURNER™ has received planning approval for the first stage of its Docklands mega-project, <a href="/new-apartments/elysium-fields-208-226-harbour-esplanade-docklands">Elysium Fields</a>.

The first three towers of the $1.7 billion precinct, approved by the Minister for Planning, has been designed as a futuristic wellness and anti-ageing utopia.

The 27,000 sqm site at 208-226 Harbour Esplanade will house around 1,100 dwellings upon completion and will include around 3,700 sqm of immersive public landscapes and gardens. The first three towers will house around 700 dwellings. &nbsp;

In a significant coup for the project that will provide certainty in an unstable construction market, Hamilton Marino has been appointed to build the first tower. Early construction works are expected to commence in the next four weeks, prior to the public launch of sales, which is earmarked for early next year. &nbsp;

The precinct, described as a “utopian urban forest within a city” by <a href="/developers/gurner">GURNER™</a> Founder Tim Gurner, has been inspired by a futuristic approach to holistic health and anti-ageing, with the gardens, private amenities and residences incorporating the latest technologies in health and wellness. &nbsp;

Residents at Elysium Fields can expect to enjoy on-site anti-ageing facilities and equipment such as cryotherapy, IV infusions, dry and infrared sauna, red light therapy, grounding and PEMF beds, &nbsp;alongside exclusive access to the Elysian Reverse Ageing Medical Clinic that will provide medical grade treatments including MRIs, DEXA scans, brain scans, blood testing and personalised health plans.&nbsp;

<img alt="Elysium Fields" data-entity-type="file" data-entity-uuid="717a6cc9-7fa2-4da8-a0ce-e17139b63918" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/E03%20-%20Wurundjeri%20Way_DJI_0490_Opt003.jpg?VersionId=WkbG5hJ3EAbN8B3LqG1lKDumORN_rYEL" />

Residents will also gain access to the planned on-site Saint Haven Private Club which will be the largest in the Group’s portfolio at circa 3,000sqm, and an indulgent Haven Ancient Baths concept, also by &nbsp;Gurner Group, that will offer 15 different types of enriched water for optimum health. &nbsp;

The ancient bathhouse, to be known as Haven Ancient Baths, will be one of the world’s largest bathhouses, bringing together the latest technology while celebrating the history and science behind bathing from centuries-old traditions. &nbsp;

Designed by Fraser &amp; Partners, the precinct will include a walkable ‘path of life’ that runs the entirety of the north-south ground floor/podium plane that will be designed for running, Yoga, meditation, &nbsp;training, exercise and recovery, alongside a rooftop sports court, a private wellness club, a pool club and 5,000sqm of retail, dining and public realm amenity.&nbsp;

The precinct will also feature its very own botanical gardens, be geared for a 24/7, interactive retail, &nbsp;dining and entertainment experience, and include a stunning, futuristic glass dome, modelled on the concept of Elysium being the utopian afterlife. &nbsp;

The journey to optimal health will continue inside each residence, with the homes designed to include filtered air purifiers, filtered water, access to northern sunlight, circadian lighting and optional recovery upgrades. &nbsp;

A Joint Venture between GURNER™ and City Harbour – a consortium that includes the Liberman family, which holds the development rights to the project – the precinct’s approval means the first tower, a luxury build-to-sell offering with circa 250 residences, can launch to the public early next year, with early construction works to commence next month. &nbsp;

The development will include over 1,100 BTR and BTS apartments, a retail and hospitality precinct, a 4-star short-stay hotel of circa 100 keys and another premier 5-star hotel in the main tower of over &nbsp;250 keys, with state-of-the-art conference facilities, a business club and hospitality offerings.

Tim Gurner said Elysium Fields is a "once-in-a-lifetime transformation precinct."

"We are excited to have the opportunity to reshape the future of the Docklands and create a world-class, 24-hour destination this city deserves.

“Appointing Hamilton Marino to construct the first tower gives our clients certainty in delivery. We are committed to the precinct and will be commencing early construction works before the first launch of sales."

[smartcode_project_cta:default project_id=144441]

Sales to launch at GURNER's $1.7 billion Elysium Fields precinct in Docklands

Beulah has revealed one of Northcote's largest houses on the banks of the Merri Creek, part of its rare new development The Wilds which will be the first carbon-neutral detached housing project in inner Melbourne.

The five-bed home on nearly 500 sqm fronts the creek and is being positioned as a tree-change within the city. The standalone home has direct access to the creek, from its private gardens that are too oriented to take in the water.

The purchaser of the home can work with <a href="/new-townhouses/brunswick-established-23-hodgson-st-brunswick-vic-3056">Beulah</a> to create a&nbsp;creekfront wellness retreat that could include things like an infrared sauna, hydrotherapy spa or plunge pool, or even a bespoke gym or studio.&nbsp;

<img alt="Beulah’s The Wilds" data-entity-type="file" data-entity-uuid="d242d962-a35b-48a2-90cd-3685ef92b5dd" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/The%20Wilds_Artist%20Impression_2.jpg?VersionId=dMOdQOzRpC7oLc6KRWXtCpZSkkYstcHc" />

Located on Cunningham Street in the sought-after Westgarth precinct of <a href="/developments/northcote-vic-3070">Northcote</a>, The Wilds is a collection of 15 unique houses.

Aspiring to set a benchmark in Environmentally Sustainable Design principles, the development will be carbon neutral with all houses incorporating solar panels and being 100 per cent electric, including induction cooktops, enabling the houses to operate fossil-fuel-free.

Passive solar design ensures the buildings are designed to provide the utmost energy efficiency, with strategically placed shading to ensure better thermal comfort and experience indoors.

Additional slab insulation; cross ventilation to assist in natural cooling; double glazed windows and doors; and a 5,000L rainwater tank for gardening, toilets and laundry, further reduce the homes’ carbon footprint.&nbsp;

The house also has a three-car basement garage with provision for electric vehicle charging, while bike racks will be available within common areas to encourage sustainable transport. There will also be space for a private wine cellar.<img alt="Beulah’s The Wilds Resort House" data-entity-type="file" data-entity-uuid="e86b4dad-4976-4e95-bf10-79d4ca6366cb" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Resort%20House_Artist%20Impression.jpg?VersionId=0iwxUREpMXvpB1V1oQLcqEqRHJHJXbrw" />

Beulah Executive Director Adelene Teh said the home offers a once-in-a-lifetime opportunity to live so close to nature while enjoying the benefits of a resort-style home, also in close proximity to lifestyle amenities like retailers and restaurants, with the CBD a short tram ride away.

“The Wilds is incredibly rare in design, in that the collection consists of expansive detached houses with unprecedented frontage to the Merri Creek," Teh says.

"The residence is the largest of the 15, offering one of the last remaining opportunities to secure not just a groundbreaking residence to call home, but a lifestyle that offers health, well-being and sustainability, with considered biophilic design not seen elsewhere in the inner north."

<img alt="Wilds" data-entity-type="file" data-entity-uuid="c2102f3e-a6e8-4f59-8c06-a228a3cfd9ee" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-10-16%20at%203.42.26%E2%80%AFPM.png?VersionId=FSu8elEno.OcXN2zbLGQfHi60H_q54jS" />

The house design prioritises health and wellbeing and was informed by extensive research, including insights from a study by esteemed environmental psychology Professor T. Hartig that looked into nature’s influence on mental restorative benefits.

"The lucky homeowner will enjoy a lifetime of these benefits, from reduced stress levels and increased creativity, to improved wellbeing and better sleep as a result of such closeness to nature," Teh says.

Beulah is known for its boundary-pushing initiatives, with its Paragon tower in Melbourne CBD hosting the largest vertical installation of solar panels in Australia, as well as the country’s first indoor urban forest.

The house is listed at $5.2 million, with the rest of the homes in The Wilds starting from $2.8 million.

<a href="/new-townhouses/the-wilds-northcote-2a-2b-cunningham-street-northcote">The Wilds</a> is currently under construction and scheduled for completion in 2025.

[smartcode_project_cta:default project_id=104323]

The house design prioritises health and wellbeing and was informed by extensive research, including insights from a study by esteemed environmental psychology Professor T. Hartig that looked into nature’s influence on mental restorative benefits.

Beulah reveals one of Merri Creek's largest home in The Wilds, Northcote development

<a href="/developers/monolith-projects">Monolith Projects</a> has officially appointed Sinjen as the builder for their highly anticipated Sculpt apartment development in Hawthorn, marking a significant milestone with construction set to commence soon.&nbsp;

<a href="/new-apartments/sculpt-hawthorn-43-riversdale-road-hawthorn-vic-3122">Sculpt</a>, located on Riversdale Road, stands out as a unique offering in <a href="/developments/hawthorn-vic-3122">Hawthorn</a>'s tight off the plan apartment market, being the only development currently available in the area.

Sculpt, designed in collaboration with the renowned <a href="/interior-designers/mim-design">Mim Design</a>, <a href="/architects/parallel-workshop-architecture">Parallel Workshop</a>, and landscape architect <a href="/landscape-architect/jack-merlo">Jack Merlo</a>, will comprise 18 two, three, and four-bedroom apartments.&nbsp;

[smartcode_project:default project_id=144271 project_image_fid=279494]

The architectural design of the low-rise building is characterised by its curved, sculptural form, with a palette of neutral brick and bronze detailing that seamlessly integrates with the surrounding streetscape.&nbsp;

The development draws inspiration from the natural beauty and heritage of Hawthorn, incorporating artistic elements that aim to blend luxury with nature.

[smartcode_project:default project_id=144271 project_image_fid=279489]

The interior design, led by Mim Design, emphasises spaciousness and refinement, with materials such as marble, timber, and bronze accents used throughout.&nbsp;

The apartments are fitted with high-end fixtures and premium Miele appliances, while open-plan living spaces are enhanced by floor-to-ceiling windows that allow natural light to flood in.&nbsp;

Residents will enjoy features such as bespoke integrated bars, electric fireplaces, and expansive terraces with lush landscaping designed by Jack Merlo.

[smartcode_project:default project_id=144271 project_image_fid=279497]

Sustainability is a core principle of Sculpt's design, with passive features integrated to optimise natural heating and cooling.&nbsp;

A 10 kW rooftop solar PV system, electric vehicle charging infrastructure, and an in-ground rainwater tank are among the environmentally conscious features that align with the project’s commitment to reducing its carbon footprint.

Sculpt’s location at 43 Riversdale Road offers residents convenient access to Hawthorn’s amenities like the retail strip of Glenferrie Road, just a short walk away.&nbsp;

Jellis Craig Projects Director Stephen Bowtell is marketing Sculpt.

[smartcode_project_cta:default project_id=144271]

Sculpt’s location at 43 Riversdale Road offers residents convenient access to Hawthorn’s amenities like the retail strip of Glenferrie Road, just a short walk away.

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