Repeat buyers are one of the strongest measures of confidence in any apartment development.

At <a href="https://www.apartments.com.au/new-apartments/era-newcastle-west-124-126-bull-street-newcastle-west-nsw-2302">ERA</a> in Newcastle West, some purchasers are returning to <a href="https://www.apartments.com.au/developers/gwh">GWH</a> after living at the developer's One Apartments. Their decision to purchase again was driven by the quality of life they found after moving into their first GWH home.

Keith Wilton had spent years living in a house in East Maitland before deciding it was time for a change. Apartment living had always been on his radar, but he was selective about what he wanted.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/FH_1EzB-1vs?si=XScVlP1ERsTDJoME" title="YouTube video player" width="560"></iframe>

"I had some boxes I wanted to tick," he says.

Keith points to the open-plan design, generous outdoor areas and considered inclusions as key reasons One Apartments worked for him.

“One of those things was a nice indoor open plan area, but also I wanted a nice outdoor open area that I could entertain on in summer or Christmases or birthdays,” he says.

He also found value in the smaller details, from integrated appliances to shared resident spaces including the pool, cinema and rooftop areas.

[smartcode_project:default project_id=135096 project_image_fid=356818]

After comparing several developments, he chose One Apartments because of GWH's longstanding local reputation and his own experience working with the developer on a commercial project more than a decade earlier.

"I knew that they were local, that the quality of the build was going to be up there. I'd looked at other apartment complexes around and close by, and I just knew that here was a better decision location wise."

Today, Keith says the move has completely changed how he experiences Newcastle.

"I enjoy living in this location because it's more of a lifestyle change. That Newcastle city living where you can walk to restaurants and bars and even beaches and parks and even shopping across the road."

[smartcode_project:default project_id=135096 project_image_fid=356828]

Beyond the location, he says it's the sense of community that has surprised him most.

"Everyone loves living here because they chose to live here, but everyone looks out for each other. It's a real great community feel here."

For Aimee and Lyle Goodman, the journey started almost by chance.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/tsioMLcnjas?si=zq-ys3JuWpfa5hFv" title="YouTube video player" width="560"></iframe>

The couple happened to be having coffee in Newcastle when they noticed the site where One Apartments was about to begin construction.

"We were aware GWH was planning a development," Aimee says. "We made one phone call and things moved pretty quickly after that."

As busy business owners, they initially thought apartment living would simply reduce the maintenance that came with larger homes. Instead, it fundamentally changed how they spent time together.

"We actually catch up more as a family now," Aimee says.

"We've had homes with big yards and lots of space, but everyone ended up in different rooms. Here we'll have dinner together, the kids can play, and we spend far more quality time together."

[smartcode_project:default project_id=135096 project_image_fid=356829]

Lyle says their confidence came from GWH's reputation within Newcastle's building industry.

"I know people who've worked across different apartment projects, and whenever GWH came up the feedback was always the same. They're rock solid. They're quality."

That confidence only grew throughout the buying process.

"One of the things that really impressed us with GWH was the whole process, was the communication," Lyle says. "It was consistent, it was regular, there was no problem if we had some weird questions, there was no problems in getting answers."

[smartcode_project:default project_id=135096 project_image_fid=351104]

Aimee says one moment stood out.

"The project actually finished on time. We realised we needed to hurry up and sell our house because everything was happening exactly when they said it would."

The positive experience at One Apartments ultimately gave all three buyers the confidence to purchase again with GWH, this time at ERA.

Their confidence reflects what many buyers are seeking in today's apartment market. Location remains important, but so too does certainty around delivery, quality and long-term liveability.

[smartcode_project:default project_id=135096 project_image_fid=356822]

ERA builds on those foundations with 280 one, two and three-bedroom apartments across two landmark towers in <a href="https://www.apartments.com.au/developments/newcastle-west-nsw-2302">Newcastle West</a>.&nbsp;

Designed by <a href="https://www.apartments.com.au/architects/fk-australia">Fender Katsalidis</a>, the project will include more than 2,000 square metres of resident amenities, including a resort-style pool, gym, sauna, private cinema and rooftop entertaining spaces overlooking the harbour and coastline.&nbsp;

The development is also within walking distance of the Newcastle Interchange, Honeysuckle, Darby Street, the harbour foreshore, restaurants, retail and the city’s beaches, continuing the walkable lifestyle that existing GWH buyers say has transformed how they live.

[smartcode_project:default project_id=135096 project_image_fid=356826]

For Keith, the appeal remains straightforward.

"You feel at home even before you've moved into your home."

For Aimee, the change is measured in time.

“I just felt like I had more time,” she says.

[smartcode_project:default project_id=135096 project_image_fid=351102]

Construction at ERA is now underway, with more than half of the residences already sold and limited two and three-bedroom apartments remaining in the East Tower release. Priced from $980,000 for two-bedroom residences and $1.46 million for three-bedroom residences, buyers can secure an apartment with a 10 per cent deposit, with premium homes offering ocean views from Level 8 and harbour views from Level 10.

ERA is also backed by Resilience Insurance's 10-year Latent Defects Insurance policy, providing protection against structural or waterproofing defects for 10 years after completion. The project is anticipated to be completed in early 2028.

[smartcode_project_cta:default project_id=135096]

Joel Robinson

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

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

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

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

Kooyongkoot wins Gold and Silver at Better Future Melbourne Design Awards

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

The apartment price gap drawing Sydney buyers west

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

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

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

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

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

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

Every First Home Owner Grant for new property by state

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

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

Staff Writer

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

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

alisonwarters@gmail.com

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

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

Ellen Walker

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

This week marks the opening of their 9 new apartments for young women experiencing homelessness&nbsp;&nbsp;

Opening September 17, <a href="https://bridgeit.org.au/">Bridge It</a>, a charity providing homes for young women (ages 17-21) who have experienced the out-of-home care system or homelessness, has partnered with <a href="https://www.housingfirst.org.au/work-with-us">HousingFirst</a> to extend their capacity from 7 to 16 studio apartments within their supportive housing program, “The Cocoon.”&nbsp;

<blockquote>
<a href="https://bridgeit.org.au/home/support-us/">To donate to Bridge It head to: https://bridgeit.org.au/home/support-us/&nbsp;
</blockquote>

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/DTdxbjhv7XQ?si=9Y8Lw_Mg8tl_Cr5U" title="YouTube video player" width="560"></iframe>

With 38,000 young people aged 15–24 years sleeping on the streets, couch surfing, and shelter hopping, heavily impacted by the exponential rise in rental prices, coupled with record-low vacancy rates, Bridge It’s CEO and founder, Carla Raynes can see clear gaps in government funding and policy that leaves residents like hers falling through the cracks.&nbsp;&nbsp;

"With systemic underfunding across the homelessness sector, radical collaboration is key. We simply can’t expect the government alone to fix this crisis,” states Carla. “Our goal at Bridge It is to replicate Cocoon's success nationwide, ensuring every state has a Cocoon so young women can access this transformative program.”&nbsp;&nbsp;

"Homelessness in Victoria rose 24% at the last Census, and we need to act now to ensure that we don’t end up with more children and young people without a home. Across 20 years in the sector, I have never seen anything like the Cocoon. The support we provide is holistic and wraps around our young residents in every area of their lives. In our pilot phase, we provided a home to 11 young women and transitioned from our accommodation into the housing of their choice. We refuse to give up on our young people.”&nbsp;&nbsp;

Since launching in 2021, Bridge It has raised a huge $2.5M in donations from generous donors,&nbsp; foundations and corporates including Sir Richard Branson, Mirvac, ANZ, Westpac and AMP to fund the Cocoon project. This funding supports young women to stay in the residence for 12-18 months, providing time to stabilise, learn life and living skills and move positively into adulthood.&nbsp;&nbsp;

<img alt="Bridge It" data-entity-type="" data-entity-uuid="" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/Screenshot%202024-09-15%20at%202.54.14%20pm.png?VersionId=vKxfHCe71jozEi.aUn7kyT0vp1zbl8yV" />

This project marks a private sector, charity, and social services collaboration that integrates lived experience mentoring, therapies like acupuncture, and activities such as zoo visits and cooking lessons, paving pathways to independent housing and employment. Bridge It has had a 100% success rate in its beta program where they placed all 11 Cocoon residents into secure housing. If adopted nationally, this model could be crucial in ending youth homelessness in Australia.&nbsp;

The expansion marks a milestone in Cocoon’s efforts to provide safe, supportive spaces for Australian youth; made possible through a partnership between Bridge It and Housing All Australians who engaged industry leaders: Mirvac, Dulux, RPS, K2LD, Simon Ellis, Apartments.com.au and many others who have donated pro bono work and products valued at $1.5M. &nbsp;

<img alt="Bridge It, St Kilda" data-entity-type="" data-entity-uuid="" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/Screenshot%202024-09-15%20at%202.53.57%20pm.png?VersionId=_HhmOC5SLOMv24Sl5bOrcFnClSXIO1NA" />

Elysa Anderson, General Manager Residential Victoria and Western Australia at Mirvac&nbsp; highlights their commitment: "Mirvac is proud to collaborate with Housing All Australians and&nbsp; Bridge It to refurbish these apartments, aiming to provide a new home and supportive&nbsp; community for young people transitioning from care."&nbsp;&nbsp;

<blockquote>
<a href="https://bridgeit.org.au/home/support-us/">To donate to Bridge It head to: https://bridgeit.org.au/home/support-us/&nbsp;
</blockquote>

Opening September 17, Bridge It has partnered with HousingFirst to extend their capacity from 7 to 16 studio apartments within their supportive housing program, “The Cocoon.”

Bridge It leads radical St Kilda Homelessness Collaboration

Developer <a href="/developers/osk-property">OSK Property</a> has focused on creating a new apartment development where residents can do it all within their own new home.

BLVD in <a href="/developments/southbank-vic-3006">Southbank</a>, the latest stage of the $3 billion Melbourne Square masterplan, focuses on providing an unrivalled collection of facilities that help residents in fitness, wellness, and social interactions to improve their well-being.

<a href="/new-apartments/blvd-at-melbourne-square-19-hoff-boulevard-southbank">BLVD</a> is among the first residential projects in Australia registered to pursue WELL Certification, a performance-based system for measuring, certifying, and monitoring features of the built environment that impact human health and well-being.

“It’s rare to create a building designed today, delivering tomorrow’s living standards," COX Architecture Director, Paul Curry, says about the 74-level BLVD.

"A blueprint for modern life, BLVD is for you and your community to live well and foster better connections than ever before."

[smartcode_project:default project_id=107714 project_image_fid=211868]

BLVD has a significant level of amenity both indoor and outdoor.

The Level 8 Podium Club offers residents views across Melbourne, a state-of-the-art gym, a 25-metre indoor swimming pool, spa, and sauna.

[smartcode_project:default project_id=107714 project_image_fid=211867]

More entertainment and active spaces occupy two levels in BLVD, encompassing a cinema, karaoke room, and a golf simulator.

The podium level of BLVD features a zen garden with barbecue facilities, alfresco spaces, and shaded seating areas.

[smartcode_project:default project_id=107714 project_image_fid=216123]

The owners of the premium residences in BLVD have&nbsp;exclusive access to the Level 55 Skye Club that is home to another gym, cocktail lounge and private dining rooms, and the best views from any amenity space within the tower.

For work, the Co-Quarter Business Facilities offer co-working spaces, private pods, and meeting facilities with views of the Royal Botanic Gardens.

[smartcode_project:default project_id=107714 project_image_fid=216124]

Various interest groups thrive within the building, from dog walking to personal training groups, games, book clubs, and a calendar of curated community events.

Residents can also build a genuine connection with many established groups that will thrive within the building community, from dog walking to personal training groups, games and book clubs, to enjoying future curated community resident events.

Multiplex has been <a href="/news/vic/osk-property-and-multiplex-break-ground-at-blvd-melbourne-square">signed on as the construction partner</a> for BLVD at <a href="/buildings/melbourne-square-93-119-kavanagh-street-southbank">Melbourne Square</a>. They've already broken ground, and are expecting to complete the tower in early 2027.

[smartcode_project_cta:default project_id=107714]

BLVD in Southbank to pursue Australia's WELL Certification with string of apartment facilities

The property market in Melbourne continues to face downward pressure, now falling behind the likes of Adelaide and Perth for median dwelling value.

Melbourne unit values declined a modest -0.1 per cent over August, while houses dropped -0.2 per cent.

On the face of it, they aren't huge declines. The issue is the pace that other capital cities are growing at. Brisbane is closer to two per cent growth in units, and arguably doesn't have as much of a supply issue as Melbourne.

Questions are being asked as to whether <a href="/developments/melbourne-vic">Melbourne</a>&nbsp;now represents a great opportunity for buyers, because the market will turn at some point in the not too distant future, it's more a matter of when than if it will turn.

It's the first time since 2015 the Melbourne median dwelling value has slipped behind Perth, when the latter was just coming off the highs of an iron ore boom.

CoreLogic's 40-year median dwelling value series hasn't seen Adelaide with a higher median than Melbourne.

Values are skewed however slightly, given a third of Melbourne homes are units, compared to around 16 per cent homes in Perth and Adelaide.

CoreLogic Research Director, Eliza Owen, said there are a wide range of factors contributing to Melbourne's softer market conditions.

"The increased tax burden on investment property owners in Victoria, but it's not the only factor at play," Owen said.

"Supply is also a big factor for Victoria, where the state saw more dwelling completions over the past decade than any other state of territory."

<h2>What happened in Melbourne’s off the plan apartment market in August?</h2>

August was a quiet month in Melbourne's off the plan apartment market, with no new developments of note for buyers to enquire on.

Plenty of developers however are starting to line up their pipeline for the start of 2025.

One of the most exciting projects coming up is the $1.2 billion mixed-use precinct by Salvo for Melbourne's Pentridge Prison in Coburg.

The Melbourne developer is the latest to reveal plans for the southern portion of the former prison that ceased operations in 1997.

<img alt="Salvo plans $1.2 billion mixed-use redevelopment of Coburg's Pentridge Prison" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_auto/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Pentridge%20Village_Ned%20Kelly%20Easement.png?VersionId=ROz.FE6zEoy3XjlQN__CZajv7YY2gC7j" />

The proposed development will include heritage preservation elements, such as Ned Kelly’s grave site and the bluestone F Division building, providing a mix of retail and public spaces while reflecting <a href="/developments/coburg-vic-3058">Coburg</a>’s character.

Pentridge Coburg is part of Salvo’s $3 billion development pipeline, which includes a $1 billion four-tower, mixed-use development at Fisherman’s Bend and Moray House, a $220 million multi-residential development in Southbank.&nbsp;

There were also noteworthy submissions in some of Melbourne's most popular inner-city suburbs.

Diversified developer&nbsp;<a href="/developers/goldfields-group">Goldfields</a> is pushing forward with plans for a 12-level mixed-use project in Richmond that will see 125 apartments developed above ground-floor retail at 9-15 Brighton Street.

With <a href="/architects/cera-stribley-architects">Cera Stribley</a> overseeing design and <a href="/landscape-architect/jack-merlo">Jack Merlo</a> handling landscaping, the project is set to bring another high-quality residential offering to <a href="/developments/richmond-vic-3121">Richmond</a>, a suburb known for its proximity to the CBD and iconic attractions like Chapel Street and the Melbourne Sports Precinct.

<img alt="Goldfields ready new $150 million mixed-use development in Richmond" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_auto/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Richmond%20Site%202.jpg?VersionId=vxKyRwoFAeVSG58o3XXX7E7KTR3UEbEj" />

Well-known construction firm <a href="/builders/cobild">Cobild</a> is also planning an inner-city development. Their plans are in Fitzroy where they're proposing a 10-level building at 159-167 Johnston Street.

Dubbed <a href="/new-apartments/johnston-napier-159-167-johnston-street-fitzroy">Johnston &amp; Napier</a>, the development will deliver 57 large-scale apartments, on average spanning over 130 sqm.

With a strong focus on sustainability, this project aims to accelerate Melbourne's transition towards becoming a self-sufficient city, a trend that continues to gain momentum across the city's new developments.

<img alt="First look exclusive: Cobild plot Johnston St, Fitzroy new apartments" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-08-12%20at%204.11.51%E2%80%AFPM.png?VersionId=JARizOowqxqiKuv.jfzboqLXGWABNF2v" />

There were several strong sales results in August.

Along the coast in Hampton, design-led developer&nbsp;<a href="/developers/wickton">Wickton</a>&nbsp;sold out its six-apartment project, <a href="/new-apartments/58-beach-hampton-58-beach-road-hampton">58 Beach</a>.&nbsp;

Designed to cater to downsizers, the development, with unobstructed views of the beach and a prime location near Hampton Station, has been particularly appealing to those transitioning from larger family homes.

In Melbourne's south-east, <a href="/developers/damgar-group">Damgar Property Group</a>’s <a href="/new-apartments/rosella-murrumbeena-50-rosella-street-murrumbeena-vic-3163">Rosella</a> apartment project in <a href="/developments/murrumbeena-vic-3163">Murrumbeena</a> continues to perform well, with over half of the 70 apartments already sold.&nbsp;

[smartcode_project:default project_id=142221 project_image_fid=288651]

Situated across from Hughesdale Station and Village, the Rosella development provides a rare opportunity to buy new in this tightly held suburb, where only 100 new apartments were delivered between the 2016 and 2021 census.

For a limited time, Damgar is accepting five per cent deposits on a handful of the one and two-bedroom apartments on offer in the Cera Stribley-designed building.

August was a quiet month in Melbourne's off the plan apartment market, with no new developments of note for buyers to enquire on

City Beat September 2024: Melbourne property market hovering around the bottom

ASX-listed developer,&nbsp;Mirvac, has commenced the main tower construction at Trielle at Yarra’s Edge, its new apartment development in <a href="/developments/docklands-vic-3008">Docklands</a>.

The construction commencement, through Mirvac's inhouse building arm, follows the successful progression of early site works along the 130-metre stretch of riverfront promenade.

[smartcode_project:default project_id=114216 project_image_fid=211509]

The $350 million&nbsp;<a href="/new-apartments/trielle-at-yarras-edge-docklands-16-point-park-crescent-docklands">Trielle at Yarra’s Edge</a>&nbsp;is&nbsp;part of Mirvac's $1.2 billion master plan for the Docklands waterfront which kicked off over two decades ago. Now over 3,000 residents call it home.

Trielle, comprising around 191 apartments, is one of Mirvac's most amenity-laden developments they've ever produced.

The Oasis Wellness Club, a verdant urban rainforest with a trickling stream located seven stories above the Yarra's Edge promenade, has been designed&nbsp;in collaboration with spa expert Naomi Gregory.&nbsp; The Scandinavian-inspired wellness club features a&nbsp;biophilic gym, complete with state-of-the-art equipment, a yoga and pilates room, and a sauna, as well as hydrotherapy pools.

[smartcode_project:default project_id=114216 project_image_fid=211523]

There is a large lap pool in Trielle, as well as two spaces dedicated to working from home, The Biblioteca and The Mills Place Work From Home Pods.&nbsp;

&nbsp;

Located on the north-facing bank of the Yarra River, just two kilometres from Melbourne’s CBD, Yarra’s Edge features parks, playgrounds, a 1.3-kilometre riverfront promenade, retail and dining options, and a marina.&nbsp;

<a href="/developers/mirvac">Mirvac</a>&nbsp;is expecting to complete the 45-level Trielle by mid-2027.

[smartcode_project_cta:default project_id=114216]

Mirvac is expecting to complete the 45-level Trielle by mid-2027

Mirvac begin build of Trielle apartment development in Docklands

Wickton&nbsp;has sold all six apartments in its low-rise Hampton apartment development, 58 Beach.

<a href="/new-apartments/58-beach-hampton-58-beach-road-hampton">58 Beach</a>, with unonbstructed views to the beach and only 450m from Hampton Station,&nbsp; quickly attracted attention in the market, particularly among downsizers looking to transition from larger family homes. Prices had ranged from $1.65 million to $2.15 million for the large three-bedroom apartments.

[smartcode_project:default project_id=141530 project_image_fid=229655]

&nbsp;

Designed by <a href="/architects/ewert-leaf">Ewert Leaf Architects</a> with landscaping by <a href="/landscape-architect/john-patrick-landscape-architects">John Patrick</a>, the development was carefully crafted to blend the built environment with the natural coastal surroundings, just minutes from Hampton Beach.

The project’s design also emphasised spacious living areas that connect with outdoor spaces, offering wraparound garden courtyards for ground-floor apartments and expansive terraces with uninterrupted views of the bay for those above.

[smartcode_project:default project_id=141530 project_image_fid=229653]

The interiors featured a minimalist aesthetic with high-end finishes, including wide-plank engineered European oak flooring, natural stone plinths, and Swiss V-ZUG appliances.

<a href="/developers/wickton">Wickton</a>, led by property industry veteran Blanco Norton and architect Will Leaf, timed the release of 58 Beach Rd to align with favourable market conditions for downsizers, allowing buyers to secure a property at current prices with the potential for value growth by the project’s completion in December 2024.

The construction is being managed by 2 Moro Group.

The rapid sale of 58 Beach Rd reflects strong demand for premium, well-located properties in <a href="/developments/hampton-vic-3188">Hampton</a>, with its proximity to the beach and the thoughtful design elements that cater to the needs of downsizers.

[smartcode_project_cta:default project_id=141530]

The rapid sale of 58 Beach Rd reflects strong demand for premium, well-located properties in Hampton, with its proximity to the beach and the thoughtful design elements that cater to the needs of downsizers

Wickton sell out boutique Hampton apartment development, 58 Beach

Melbourne developer <a href="/developers/damgar-group">Damgar Group</a> is offering a limited-time five per cent deposit offer on selected Rosella apartments in <a href="/developments/murrumbeena-vic-3163">Murrumbeena</a>.

The offer applies to the next five apartments purchased, or until September 30. Half of the apartments in the seven-level, Cera Stribley-designed building have already been snapped up.

Prospective buyers can get in with a deposit of $32,750 for the $655,000 one-bedroom apartments that offer 58 sqm of internal space, a 10 sqm balcony, and a parking space.

The five per cent deposit for the $799,000 two-beds would be just under $40,000.

First home buyers can also take advantage of additional stamp duty savings from the VIC Government.

&nbsp;

[smartcode_project:default project_id=142221 project_image_fid=288651]

Construction of <a href="/new-apartments/rosella-murrumbeena-50-rosella-street-murrumbeena-vic-3163">Rosella</a> is tracking ahead of schedule. It has now&nbsp;reached the halfway mark, with the basement and first three floors completed and fit-out works soon to begin.

[smartcode_project:default project_id=142221 project_image_fid=288652]

<a href="/new-apartments/rosella-murrumbeena-50-rosella-street-murrumbeena-vic-3163">Rosella</a>&nbsp;is the only new apartment development in Murrumbeena.

Over half of the 70 apartments in the project have already been sold, reflecting strong demand in an area where new developments are rare.&nbsp;

Designed by <a href="/architects/cera-stribley-architects">Cera Stribley Architects</a>, the building's facade features a blend of rough-cast concrete, dark terrazzo, and warm copper accents to complement the nearby Hughesdale Station.

[smartcode_project:default project_id=142221 project_image_fid=288656]

The seven-level building will include commercial spaces at the ground level and a communal rooftop area for residents.

Rosella is expected to welcome residents in late 2025.

[smartcode_project_cta:default project_id=142221]

The five per cent deposit would mean buyers can secure a one-bed apartment for just over $32,000, and a two-bed for under $40,000

Five percent deposit offer at Rosella Murrumbeena to help buyers enter the property market

The former Xavier junior school in Brighton is set to become a new housing development, after Sonya Kilkenny MP, Victorian Planning Minister, officially approved the new project by Golden Age Group that was rejected by Bayside Council earlier this year.

The 47 South Road development involves the&nbsp;subdivision of 3.3-hectares at 47 South Road into 14 individual lots, as well as the creation of one super lot. There will be 84 new homes developed across the site.

Damien Hehir,&nbsp;<a href="/developers/golden-age-group">Golden Age Group</a>&nbsp;Development Director, said the development represents a pivotal step forward in providing much-needed housing in Brighton.

"The project will not only enhance the local environment but also contribute to the region’s economic growth and community development.," Hehier said.

Comments from the Advisory Committee Report noted the site "will be sensitively developed and provide an injection of housing into an area that would benefit from opportunities for existing and new residents to potentially downsize”.

The approved plans now include an amendment that provides a new pedestrian path and landscaping to the Hartley Street amenity, responding to the requests from local residents.

"Our vision for 47 South Road is to create a thriving residential community that aligns with the values and needs of Victorians and the local Brighton community," Hehir added.

"We look forward to collaborating with local stakeholders to enhance the neighbourhood and provide outstanding living spaces for future residents.”

Construction is set to commence following final planning and regulatory approvals, with additional details on timelines and development phases to be announced in the coming months.

Victorian Planning Minister approves Golden Age townhouse development in Brighton

Jeff Xu's Golden Age Group is tapping into the heightened demand for family size living in Glen Waverley, a trend that is only expected to grow given the increase in population forecasts in the booming Melbourne suburb.

By the end of 2041, the population of the suburb of Glen Waverley is expected to reach almost 56,891, up over 10,000 from its current population of 46,653.

Since the 1990s, with the sale of surplus government and utility land, and the ongoing conversion of unused school sites to residential zoning, many new development opportunities have arisen. These opportunities, as they are seized upon, are delivering significant opportunities for developers, local government, local businesses, investors – and the householders themselves who can finally settle in the suburb of their choice because of more affordable choices in family-size, low-maintenance housing options.

<a href="/developments/glen-waverley-vic-3150">Glen Waverley</a> is part of the City of Monash – an area characterised by its diversity in ethnicity and nationalities. A significant percentage of its homes are owned outright, mostly by long-term residents, many of whom continue to reside in those properties.

With the area’s current and ongoing economic success, and its desirability among highly educated professionals, Golden Age Group expects to see continued demand for housing stock at every level.

<a href="/developers/golden-age-group">Golden Age Group</a>&nbsp;saw a continuing shortage of new-build family-size accommodation that was low-maintenance but offered private gardens in a smaller, communal setting. &nbsp;It is this shortage that Golden Age Group is addressing with Floret – 77 three and four-bedroom townhomes, at 583 Ferntree Gully Road, Glen Waverley.

<a href="/buildings/floret-glen-waverley-583-ferntree-gully-road-glen-waverley">Floret</a> will appeal to growing families who need more room, but don't want more maintenance.

[smartcode_project:default project_id=104680 project_image_fid=207730]

Golden Age Chief Investment Officer, Bing Chen, says the reasons for choosing Glen Waverley are not so different from the reasons that drew migrant families to this part of Melbourne in the 1970s.

“Glen Waverley is very commuter-friendly – you can be in the CBD in just over half an hour by train. Floret is also handy to a major Melbourne arterial, the Monash Freeway,” Chen says.

While easy access to work locations is a major driver to wanting a home in Glen Waverley, access to quality education comes a close second.

“There are some 24 childcare and education institutions nearby, from daycare and kindergarten to fantastic local primary and secondary schools, and right through to one of this country’s top universities, Monash University."

[smartcode_project:default project_id=104680 project_image_fid=207713]

Floret is just a short drive from two of Melbourne’s most prestigious private schools – Caulfield Grammar (Wheelers Hill campus), and Wesley College (Glen Waverley campus). Brentwood Secondary College, which is also very well-regarded, is just up the road.

Chen says the&nbsp;third great aspect of living in Glen Waverley is having all the benefits of a suburban lifestyle – tranquillity, lots of space, lots of green spaces – but there are also great cafes and restaurants offering "every cuisine you could wish for.”

The Glen shopping centre,&nbsp;with David Jones, Myer and more than 200 shops and food outlets, is only a few minutes down the road.

“Glen Waverley really has it all," Chen suggests.

Golden Age Group continues to monitor population, economic and social trends right across the eastern suburbs of Melbourne, Victoria, where property development must continue apace if Councils are to meet the ambitious housing targets in draft plans[4] announced recently by the Victorian Government.

These targets acknowledge the important role that Councils play in new residential construction by developing local planning policies and granting permit approvals.

“There are about 78,300 homes currently within the Monash City Council borders,” Chen adds.

“Because there is an expectation of continuing high growth in this part of Melbourne – fuelled by the advantages I’ve just talked about – Monash City Council has been given a target of adding 72,000 new homes to that housing stock by 2051.

“Our own business direction aligns with these local and state government planning strategies – as evidenced by other Golden Age Group projects such as Wembley Hill, which is in Box Hill South.”

[smartcode_project:default project_id=104627 project_image_fid=222321]

Under the current state policy 'Plan Melbourne', Box Hill is a designated Metropolitan Activity Centre and will be the focus of substantial development, growth and investment. Following a recent land purchase, Golden Age Group is now the biggest landholder in this state growth hotspot.&nbsp;

“The Government’s draft strategic plan sets a state-wide goal of delivering an additional 2.5 million homes by 2051 - two million of which are to be located in metropolitan Melbourne.

“We will be watching closely the progress of this plan as it is finalised and presented to the community,”

It is important to note that Golden Age Group’s development strategy doesn’t just align with the State’s in terms of adding to the number of residential dwellings in booming areas.

“With our consideration of green spaces, and the energy-saving and environmental benefits applied to our projects, we also share a commitment to providing housing that is liveable, sustainable, and enriching for residents and their broader communities.

“In these and other ways, Golden Age Group is helping to build a Victoria is which everyone can thrive.”

Golden Age Chief Investment Officer, Bing Chen, says the reasons for choosing Glen Waverley are not so different from the reasons that drew migrant families to this part of Melbourne in the 1970s

Golden Age Group cater for current and future demand for family-size living choices in Glen Waverley

Duke Apartments is bringing an apartment type rarely seen in the Collingwood market.

<a href="/buildings/duke-apartments-collingwood-93-wellington-street-collingwood">Duke Apartments</a>, located at 93 Wellington Street, offers just nine whole-floor apartments, providing floor plans that will suit the downsizer who wants to be centrally located near the action.

In the latest episode of Market Insights, Apartments.com.au CEO Mike Bird sits down with David Lamond, founder of <a href="/project-marketer/noorden">Noorden Real Estate</a>, to discuss&nbsp;<a href="/buildings/duke-apartments-collingwood-93-wellington-street-collingwood">Duke Apartments</a>.

[smartcode_project:default project_id=5366 project_image_fid=61085]

Lamond emphasises the appeal of the Duke's design, particularly for those who value privacy and lower operating costs.

Unlike many developments that feature extensive amenities like gyms and pools, Duke focuses solely on the apartments themselves, keeping body corporate fees manageable and suiting buyers who don't want a full suite of integrated amenity, or those who are treating the apartment as lock up and leave due to wanting to travel.

The Duke's design is a passion project for the architects at <a href="/architects/dp-toscano">DP Toscano</a>, who are also the developers.

Located just around the corner from their Collingwood office, Lamond says Duke is a project that is close to their hearts.

The apartments are designed to blend the raw, industrial feel of <a href="/developments/collingwood-vic-3066">Collingwood</a> with high-end luxury, featuring concrete ceilings, generous living spaces, and floor-to-ceiling windows that flood the interiors with natural light.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/EAGhh9LsJTg?si=vwcs0bYS9cy0kZ1p" title="YouTube video player" width="560"></iframe>

Each apartment offers three bedrooms, two bathrooms, and a private lift that opens directly into the residence, emphasising the project's commitment to security and exclusivity.

Duke has already attracted significant interest, with four of the nine apartments sold. The buyers include both local downsizers and Australians living abroad who are looking for a Melbourne base.

Construction by Hamilton Marino is well underway, with completion expected by November, just in time for the new owners to move in before Christmas.

[smartcode_project_cta:default project_id=5366]

Construction of Duke apartments is well underway, with completion expected by November, just in time for the new owners to move in before Christmas

Michael Bird

What a buyer needs to know about Collingwood's Duke Apartments: Five minutes with Noorden's Dave Lammond

Noetic Place is the latest luxury off the plan apartment development taking shape in the heart of Bayside.&nbsp;

Designed by <a href="/architects/fk-australia">Fender Katsalidis</a>&nbsp;on the fringe of the centre of Hampton, Noetic Place will feature just 33 two, three, and four-bedroom apartments, some of the largest in the area.

The stepped facade and attention to detail create a sophisticated yet welcoming presence on the tree-lined service street.

Inside, the apartments are designed for modern living, with free-flowing spaces that open to generous balconies offering views of the city, national park, or bay.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/pUNfJPHjPGg?si=52Zl2rhWICmxCbqO" title="YouTube video player" width="560"></iframe>

The communal amenities at <a href="/new-apartments/noetic-place-hampton-28-34-service-street-hampton">Noetic Place</a> are centred around lush landscaping by <a href="/landscape-architect/eckersley-garden-architecture">Eckersley Garden Architecture</a>. A pavilion with a kitchenette, dining space, and library will be nestled in the garden, offering a private retreat for residents.&nbsp;

We visited Noetic Place's display suite at 354 Hampton Street to offer a glimpse into what Noetic Place will bring to the vibrant <a href="/developments/hampton-vic-3188">Hampton</a> community.

[smartcode_project_cta:default project_id=134934]

We visited Noetic Place's display suite at 354 Hampton Street to offer a glimpse into what Noetic Place will bring to the vibrant Hampton community.

Latest Victoria Property News

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

Editor's Picks

Developments

New apartments

New townhouses

News

Latest Victoria Property News

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

Editor's Picks

Receive the latest news stories to your inbox

Developments

New apartments

New townhouses

News