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

Joel Robinson

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

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

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

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

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

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

ALTA Property to deliver $200 million Queens Road apartment tower

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

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

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

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

Every First Home Owner Grant for new property by state

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

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

Staff Writer

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

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

alisonwarters@gmail.com

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

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

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

The value of units in Melbourne continued to outstrip the growth of the house market in the Victoria capital in May.

CoreLogic's Monthly Hedonic Index found unit values (which incorporates apartments and townhouses), rose 0.3 per cent, compared to flat house market.

Melbourne's median unit value is now pegged at $614,000 after rolling quarterly growth of 0.3 per cent, while the house market has dipped -0.5 per cent over the same period

<h2>What happened in Melbourne’s off the plan apartment market in May</h2>

There was significant progress at several major developments across Melbourne in May.

Privately-owned developer <a href="/developers/sunkin-property-group">Sunkin Property Group</a> formally appointed <a href="/builders/sk-construction">SK Construction</a> to deliver its $600 million Highett Common project in Melbourne’s bayside.

[smartcode_project:default project_id=108019 project_image_fid=212658]

The 9.3ha&nbsp;<a href="/new-apartments/highett-common-37-graham-road-highett-vic-3190">Highett Common</a>&nbsp;will be delivered over multiple stages during the next five years. The $70 million stage one construction program, which began this month, aims to complete 167 new apartments by late 2025.&nbsp;

By 2029, Sunkin anticipates the delivery of over 1000 new apartments and townhouses across the entire project.

[smartcode_project:default project_id=136451 project_image_fid=277194]

One of Melbourne's most recently launched developments, Beulah's Brunswick townhouse development <a href="/new-townhouses/brunswick-established-23-hodgson-st-brunswick-vic-3056">Brunswick Established</a>, secured $32.5 million worth of sales at its May launch.

Brunswick Established comprises 23 two-storey townhouses and has become one of the fastest-selling projects in <a href="/developments/brunswick-vic-3056">Brunswick</a>. Its design focuses on sustainability and customizability, featuring Beulah’s ‘Tailored Living’ initiative.&nbsp;

The development is now 65 per cent sold, with two, three, and four-bedroom heritage townhomes priced from $1.444 million.

[smartcode_project:default project_id=4802 project_image_fid=217137]

Mirvac has seen interest at their nearby Brunswick apartment development, Prince &amp; Parade, particularly from the&nbsp;local owner-occupier market who work in the medical industry and academia.

Located near Princes Park, the development's proximity to local hospitals and prestigious universities like Melbourne University and RMIT has driven interest.&nbsp;

Mirvac’s reputation as an ASX-listed developer with a history of quality developments further boosted confidence in the project.

[smartcode_project:default project_id=4802 project_image_fid=267345]

Melbourne also saw several developments secure approval in May, the biggest being the 42-level tower at <a href="/new-apartments/623-collins-street-melbourne">623 Collins Street</a>&nbsp;by&nbsp;<a href="/developers/sterling-global">Sterling Global</a>.

The $520 million residential and lifestyle hotel development at <a href="/new-apartments/623-collins-street-melbourne">623 Collins Street</a>&nbsp;designed by <a href="/architects/carr-design">Carr Architects</a>&nbsp;will include 175 apartments above a 229-room hotel, occupying the heritage podium levels.&nbsp;

<img alt="Sterling Global’s $520 million Collins Street hotel and apartment development approved" 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/field/image/Collins%20Street%20Development%20front.jpg?VersionId=FM5q8t7ib4vFqfONMv17w6g82BKj5Zcf" />

The project will also offer 2,717 sqm of commercial space and a fine dining restaurant, enhancing lifestyle options for local workers, residents, and travellers.

National apartment developer <a href="/developers/sun-property-group">Sun Property Group</a>&nbsp;led the boutique market for approvals. They were signed off the deliver its second Melbourne project&nbsp;in the affluent <a href="/developments/toorak-vic-3142">Toorak</a> area.&nbsp;

&nbsp;<img alt="Sun Property Group secure approval for second Toorak apartment development" 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/field/image/Screen%20Shot%202024-03-26%20at%209.23.31%20am.png?VersionId=krHggdOiqZCTwsaD1MWoD3LkfnFZ6iN6" />

The new development at <a href="/new-apartments/226-228-williams-road-toorak">226-228 Williams Road</a> will feature 18 high-end apartments, 10 two-bedroom apartments, four three-bedroom apartments, and four penthouses.&nbsp;

The project, designed by <a href="/architects/cera-stribley-architects">Cera Stribley</a>, is situated near Hawksburn Train Station and the 59 Tram, and will include landscaping by <a href="/architects/jack-merlo">Jack Merlo</a>, retaining a prominent Smooth Bark Apple Tree on site.

Busy developer&nbsp;<a href="/developers/wickton">Wickton</a>&nbsp;were also approved for a small development, this one&nbsp;mixed-use and in the Hawksburn Village precinct, near South Yarra and Prahran.&nbsp;

The project at 387-403 Malvern Road will feature luxury apartments, strata offices, and ground-level retail, including premium hospitality spaces.&nbsp;Seven two and three-bedroom apartments will occupy the top two levels of the building.

City Beat June 2024: Melbourne units outperform houses for third straight month

Melbourne property developer MunCorp has officially commenced construction on its new Blackburn Quarter townhouse development.&nbsp;

Half of the townhouses were already sold, primarily to local buyers, following the project's launch.

[smartcode_project:default project_id=2725 project_image_fid=29563]

Upon completion, <a href="/new-apartments/blackburn-vic-3130">Blackburn Quarter</a> will comprise 39 townhouses, available in both three and four-bedroom configurations.

MunCorp has partnered with <a href="/architects/cera-stribley-architects">Cera Stribley</a> who have crafted the interiors. Inspiration to create a harmonious balance of functionality and contemporary aesthetics came from Blackburn's verdant surrounds.

The developer is committed to making their homes accessible to a wide range of buyers, including first-home buyers, downsizers, and investors.

[smartcode_project:default project_id=2725 project_image_fid=273183]

<a href="/developers/muncorp">MunCorp</a> Managing Director Jake Munday said the company is doubling down in 2024 to grow its pipeline to $400 million delivered in the next four to five years.

Strategically located, Blackburn Quarter provides residents with convenient access to several key shopping centres, including Box Hill Central, Westfield Doncaster, and Blackburn Square.

Prices for Blackburn Quarter townhouses start at $999,000.

[smartcode_project_cta:default project_id=2725]

MunCorp Managing Director Jake Munday said the company is doubling down in 2024 to grow its pipeline to $400 million delivered in the next four to five years

mikah.m@urban.com.au

MunCorp breaks ground on Blackburn Quarter townhouses

OSK Property has appointed construction company Multiplex to deliver the next stage of their $3 billion Southbank precinct, Melbourne Square.

Multiplex,&nbsp;which also built the first two towers in Stage 1 of <a href="/buildings/melbourne-square-93-119-kavanagh-street-southbank">Melbourne Square</a>,&nbsp;broke ground on <a href="/new-apartments/blvd-at-melbourne-square-19-hoff-boulevard-southbank">BLVD</a>&nbsp;this week and&nbsp;will now commence construction of the 74-level tower. They're expecting to complete the building in Q1 2028.

The milestone comes just nine months after BLVD’s official launch in October 2023.&nbsp;

Having achieved over 50 per cent of sales, construction commencing at BLVD marks another significant moment for Melbourne Square which has already enhanced the Southbank precinct with publicly accessible amenities like a 3,745 sqm park, full-line Woolworths supermarket, an early learning centre and a growing range of retail destinations.

[smartcode_project:default project_id=107714 project_image_fid=227201]

BLVD will deliver much-needed residential stock to <a href="/developments/southbank-vic-3006">Southbank</a>, bringing together 602 residences and offering a host of amenities including private dining rooms, state-of-the-art gyms, a 25m indoor swimming pool, spa, sauna, golf simulator, entertainment and lounge spaces, and a double-storey co-working area on levels 55 and 56.&nbsp;

Beyond its architectural grandeur, BLVD embodies a commitment to sustainability and well-being, &nbsp;featuring carbon-neutral operation-enabled residences, gas-free design, EV charging stations, a zen garden, other premium resident amenities, and design that’s focused on improving the health and &nbsp;wellness of residents.&nbsp;

It is also in pre-registration to pursue WELL Certification – a rating system that certifies a building’s &nbsp;impact on health and wellbeing, and that demonstrates industry excellence in meeting stringent &nbsp;sustainability goals.&nbsp;

[smartcode_project:default project_id=107714 project_image_fid=214122]

“The BLVD groundbreaking represents a major milestone for the Melbourne Square precinct, which has two existing towers and will also feature a build-to-rent tower alongside the build-to-sell residences”, says OSK Group Executive Chairman, Tan Sri Ong Leong Huat.&nbsp;

"Commencing construction represents the culmination of a team effort between OSK Property and our project partners and our unwavering commitment to BLVD and the entire Melbourne Square precinct.

“We extend our heartfelt gratitude to our dedicated staff, esteemed project partners, and diligent sales agents for their incredible work across BLVD to date, and are looking forward to seeing this tower come to life."

Multiplex Regional Managing Director of Victoria and South Australia, Ross Snowball, said Multiplex is proud to be partnering with OSK once again on the Melbourne Square precinct, one of Australia’s largest and most exciting development projects.&nbsp;

“After delivering the first two towers, we are excited to deliver the third tower, BLVD - continuing the same community legacy we started back in 2017," Snowball said.

“Seven years later there is nothing more rewarding than being part of this precinct again, building a residential tower that will enhance our city from the ground up. What’s even more special is that some of those original team members will be back building BLVD."

[smartcode_project:default project_id=107714 project_image_fid=211874]

Attending the groundbreaking ceremony event in person, City of Melbourne Deputy Lord Mayor Nicholas Reece said this was a monumental moment for the city.

“Melbourne Square homes give residents access to all that we love about Southbank," Reece said.

“Arts institutions that are second to none. Proximity to the central city and to the beach – to the &nbsp;Botanic Gardens and, importantly, to community facilities already enjoyed by those who live in Southbank.&nbsp;

“BLVD will be a transformational development for Melbourne’s CBD, adding critical housing stock to the market as well as important residential and local amenities."

<a href="/developers/osk-property">OSK Property</a> and Multiplex celebrated the groundbreaking with a ceremony hosted on-site, which brought together key stakeholders, OSK Property personnel and the Multiplex team.&nbsp;

Elsewhere in Melbourne Square, OSK Property <a href="/news/vic/osk-property-commission-led-artwork-at-2-8-billion-melbourne-square-precinct">recently unveiled ‘Guardian Lion’ by Troy Emery</a>. The development’s newest captivating public art installation set to grace the skies of Melbourne later this year. &nbsp;

[smartcode_project_cta:default project_id=107714]

OSK Property and Multiplex celebrated the groundbreaking with a ceremony hosted on-site, which brought together key stakeholders, OSK Property personnel and the Multiplex team.

OSK Property and Multiplex break ground at BLVD, Melbourne Square

Development Victoria creates places for people. As the development arm of the Victoria Government, they deliver places that make a genuine difference to Victorians. Development Victoria builds great homes and communities where people can thrive while catering to different budgets, lifestyles and needs so that more people can live where they want to be at prices they can afford.

Development Victoria is progressing with its development in Sunshine North at a strong pace. With Stage 1 homes already sold out at LUMA, homes, Stage 2 homes launched earlier this year, continuing the momentum of interest in the development. Stage Two has a collection of around 85 one, two, three and four-bedroom homes, an intentional variety of configurations to cater for every kind of buyer.&nbsp;

The homes at LUMA are designed with a focus on sustainability and are all electric, featuring solar PV with battery storage, double-glazed windows, and a minimum 7-star NatHERS energy rating. The development is well-connected, with proximity to train stations, the Western Ring Road, Sunshine Hospital, and various local amenities.

[smartcode_project:default project_id=27783 project_image_fid=96894]

Future plans for the site include a pedestrian and vehicle bridge over Stony Creek via Metherall Street, providing a link between LUMA and the existing community, and new commercial and retail precincts featuring a mix of retail outlets such as supermarkets and specialty stores to support the everyday needs of local residents.

Development Victoria has appointed SAW Construction to deliver Stage 2 homes who have over 15 years' experience in townhouses construction across Victoria. SAW Constructions are also building the homes in Stage 1 which will be ready to occupy early next year.

The LUMA community will also boast a strategically positioned, 3,600 sqm park, located central to all homes. The park will feature a children’s playground, barbecue facilities, and shaded picnic areas.

[smartcode_project:default project_id=27783 project_image_fid=96896]

Development Victoria is offering prospective purchasers an opportunity to buy with just a five per cent deposit, with no progress payments until construction is complete. For a limited time, they also have an added offer of a $5,000 free upgrade package that can be used to select from a range of upgrades at no additional cost.

To make homeownership possible for more Victorians, Development Victoria aims to offer at least a quarter of the homes they build to households eligible for affordable housing through their Priority Access program. This program offers eligible households exclusive access to purchase high-quality homes at affordable prices before they are made available to the open market.

[smartcode_project:default project_id=27783 project_image_fid=255556]

LUMA’s Urban and Tempo range of homes offer innovative floorplans, some featuring two-living areas perfect for teenagers or as a work from home space, have captured the attention of a range of buyers seeking a low-maintenance family-sized home.

LUMA’s latest release of townhouses is now selling.

[smartcode_project_cta:default project_id=27783]

Development Victoria is offering prospective purchasers  the  opportunity to buy with just a five per cent deposit, with no progress payments until construction is complete

Development Victoria's LUMA Sunshine North community gathers pace

Melbourne developer Noetic Place has launched its eponymous Hampton apartment development, Noetic Places, offering some of the largest apartments on the market in the burgeoning Bayside suburb.

<a href="/developers/noetic-places">Noetic Places</a> is a celebration of design, landscape and community. <a href="/new-apartments/noetic-place-hampton-28-34-service-street-hampton">Noetic Place</a>, led by Stephen Barrow-Yu, worked extensively with the local council and community to create something that the community could celebrate, and to do that, they brought in the best collaborators.

<a href="/architects/fk-australia">Fender Katsalidis</a>&nbsp;designed the building, while the everpresent <a href="/architects/eckersley-garden-architecture">Eckersley</a> Garden Architecture handled the landscaping.

[smartcode_project:default project_id=134934 project_image_fid=277892]

The building, home to 33 two, three and four-bedroom apartments, has been designed to appear as three individual homes, mimicking the scale of nearby houses on the tree-lined Service Street, within a stroll of Hampton's beach, village and station.

The project's stepped façade features Krause bricks in sandy bayside tones, balancing the warmth of bronze metallic finishes. The exterior design is inspired by local Edwardian homes and beachy tones, featuring a light sandy brick facade with warm metallic details and timber battens.

The development is the second for Hampton-based boutique developer Noetic Places, building on the character of its first – Reunion Place - designed and delivered by the same team 500 metres away.

[smartcode_project:default project_id=134934 project_image_fid=277887]

Barrow-Yu involved neighbours in Noetic Place's design, taking time to listen to community concerns to ensure it is embraced by the Hampton community.

"We know that great architecture and design, and spaces of planted beauty, lift the spirit and add to the environment," Barrow-Yu said.

Two basement levels provide ample car spaces for residents, each with an electric charging capability.

Noetic Place prioritises green spaces by retaining established trees on-site and introducing curated pockets of local and native flora.

Upon entering Noetic Place, residents will be greeted by a lobby where the exterior brickwork textures smoothly transition into a spacious triple-height area featuring rose-tinted travertine stone, lush greenery, an overhead oculus skylight, and distinctive paving below.

[smartcode_project:default project_id=134934 project_image_fid=277890]

For the interiors of the apartments,&nbsp;Fender Katsalidis has chosen finishes and fixtures that align more with custom-designed, architecturally crafted homes.&nbsp;

Each residence is individually designed to maximise natural light and provide views of gardens or the neighbourhood.

[smartcode_project:default project_id=134934 project_image_fid=277881]

Residents will have access to several communal amenities, including a garden to the south of the site, featuring a pavilion with a kitchenette and a library for residents to enjoy.

Noetic Place is only 500 metres from Hampton Street, Hampton's go-to retail strip with specialty stores and eateries, including a grocer, baker, gourmet delicatessen, juice bar and a fruit market.

Evoke Property is marketing Noetic Place.

[smartcode_project_cta:default project_id=134934]

Noetic Place will comprise just 33 large-scale apartments designed by Fender Katsilidis just 500 metres from Hampton Street

Noetic Place Hampton: A celebration of design, landscaping and community

Boutique off the plan apartments have been few and far between in Prahran in recent years.

The cool suburb, known for its cafes, markets and bars, looks set to welcome one, and on arguably on one of the best sites in the area.

Developer Kincrest, who is currently developing The Watson in Essendon and&nbsp;Armytage in South Yarra and has previously delivered three projects in South Yarra, has submitted plans to the Stonnington Council for a mixed-use building on Grattan Gardens.

<img alt="Gratan St" data-entity-type="file" data-entity-uuid="08401620-6eec-42f4-b546-8199c18b36a3" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-06-11%20at%2010.36.45%20am.png?VersionId=ENF5HWQAoWKM4sfuZkfDItLa59Fbgp_P" />

Kincrest, led by Tom Howgate, secured <a href="/new-apartments/the-osment-prahran-3-7-grattan-street-prahran">3-7 Grattan Street</a> off market, and then amalgamated the neighbouring single-level warehouse to create 1,613 sqm and a 35-metre frontage to the park.

The plans by Cheah Saw Architecture are for 22 apartments across a seven-level building. The two three and four-bedroom apartments, offering larger than standard sizes, something which is built into Kincrest's development ethos, will sit above two levels of strata offices and a ground-floor cafe and retail space that will face the park.

"The Greville St precinct, with positive input from the City of Stonnington, has rejuvenated in recent years, we’re really excited to be within such a historical, vibrant area of life. We see this development as contributing to a world-class location" Howgate says.

"Both the apartments and the offices will be desirable for a lot of people. There's transport on the doorstep with the Prahran Station, access to Punt Road, and every service you could want within 200 metres. That's on top of being directly opposite the park, an opportunity that rarely presents itself."

<img alt="Kincrest" data-entity-type="file" data-entity-uuid="41b5f516-e2d8-44eb-921e-2837b6638535" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-06-11%20at%2010.37.00%20am.png?VersionId=Ox1IDQzk6.073ZDOTq3FD4rLnx4aF8uy" />

Howgate says there's not been apartments or office spaces&nbsp;like this in Prahran before.

"We have a lot of confidence in the location and what's on offer, and we believe it will resonate with several buyer demographics."

Cheah Saw cleverly designed the building on an irregularly shaped block to step down from its roof, creating a green topography.

"The building is intended to be an extension of the park, a sloping green hill stepping down to Grattan Gardens.," the architecture firm noted in their documentation submitted as part of the planning process.

"The terraces are framed by greenery above and below, framing views to the park and utilising the concept of borrowed scenery, connecting the building to the park and beyond."

There's a maximum of six apartments per floor. The majority of the apartments are well over 150 sqm, something which Howgate says has stood them in good stead in a challenging market.

There will be four two-bedroom apartments, 17 three-beds, and a single four-bedroom penthouse that will share the top level with a communal terrace.

Howgate is hoping to launch the Grattan St project later this year.

Kincrest, led by Tom Howgate, secured 3-7 Grattan Street off market, and then amalgamated the neighbouring single-level warehouse to create 1,613 sqm and a 35-metre frontage to the park

Exclusive first look: Kincrest plots new Prahran apartments

The City of Boroondara has approved a new 12-level mixed-use development that will become the second tallest building in the area.

The project, at 697-699 Burke Road, <a href="/new-apartments/camberwell-vic-3124">Camberwell</a>, has been designed&nbsp;by <a href="/architects/cera-stribley-architects">Cera Stribley</a> for boutique property developer <a href="/developers/above-zero">Above Zero</a>&nbsp;and will have 36 apartments set above five levels of office space and retail on the ground level.

There will be a mix of 18 two-bedroom apartments, 13 three-beds and five four-bedroom units toward the top of the building.

The approval follows an extensive planning process that has been ongoing site 2015 when the&nbsp;City of Boroondara first refused a 15-level, 62-unit development on the 1,950 sqm site. A year later there was an application to reduce the building to 12 levels, and the number of apartments down to 53, which was also refused.

Local residents, particularly those from the nearby Aerial building, had raised concerns about the building’s height and parking provisions.

The final design, which gained support from both the council and previous objectors, includes office spaces on levels one to five, apartments on levels six to eleven, and a communal rooftop terrace on level 12.

<img alt="Cera Strib" data-entity-type="file" data-entity-uuid="56497ad5-4fd1-4353-9ef4-46e4a46c72af" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Cera%20Stribbely%202.jpg?VersionId=lBEwKI09LeWXQFszZofQbHYBk7_0vmb7" />

The Camberwell Junction area is expected to need a further 1,500 additional new dwellings by 2051 to keep up with population growth, the planning documentation suggested.

Council said that while the&nbsp;maximum building height set at 10 storeys in the structure plan, the design detailing and setbacks of any levels above that are extremely relevant and critical to their acceptability.

"We have consistently argued that the maximum building height on the review site is dependent on many factors, including retaining the visual primacy of the Aerial towers in the Junction’s skyline. These factors were exhaustively debated and examined in various VCAT orders, which found that a 12-storey form was acceptable on the subject site, keeping in mind that back then, the site was considerably smaller comprising 699 Burke Road only."

The Camberwell Junction area is expected to need a further 1,500 additional new dwellings by 2051 to keep up with population growth, the planning documentation suggested

Camberwell set for Cera Stribley-designed mixed-use development after green light

Abadeen is continuing to double down on Melbourne's premium owner-occupier market, grabbing a parkside development site in <a href="/developments/caulfield-north-vic-3161?sort=">Caulfield North</a>.

Having opened up shop in Victoria last year off the back of Abadeen's success in Sydney's Lower North Shore for the last two decades, <a href="/developers/abadeen-group">Abadeen</a>, led in Melbourne by industry veteran Andrew Leoncelli, beat out several other developers to secure 1,060 sqm on Caulfield Park.

The site at <a href="https://www.apartments.com.au/new-apartments/the-parker-219-balaclava-road-caulfield-north-vic-3161">219-229 Balaclava Road</a> is north-facing and offers uninterrupted views to the north and northwest, over the park and out to the city.

It was offered by JLL with permit-approved plans for a new seven-level apartment development designed by CHT Architects (below). The permit was for 29 two and three-bedroom apartments, a four-bedroom penthouse, two ground-floor retail spaces and a home office.

<img alt="Abadeen" data-entity-type="file" data-entity-uuid="24e257c8-bcb0-429b-a43b-1e3e18b53735" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-06-06%20at%2010.23.49%20am.png?VersionId=OSPk6HkveA7cBN14SwLc0Mdst97TNeMe" />

Abadeen VIC will go back to the drawing board and is engaging a leading architect to tweak the plans to make the apartments larger, but they will stay within the same envelope of what's been approved.

Leoncelli says the timing is right for a high-quality product to come to the local market.

“This market hasn’t had something of the quality that we’re looking to deliver," Leoncelli says.

“We want to do something bigger than what’s been delivered before to cater to the sophisticated, wealthy, local owner-occupier.

"The building envelope is excellent but we feel the product should be larger and of a higher quality especially given the incredible north-facing Caulfield Park, City and Bay view lines."

<img alt="abadeen" data-entity-type="file" data-entity-uuid="912395dd-3ab0-4922-bd8e-55804b4013ab" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-06-06%20at%2010.23.39%20am.png?VersionId=8WDEAS_ndB64HRdLt_hIy5tccDe9dBYB" />

The site was bought on long settlement terms, which should see construction commence toward the back end of 2025. It borders St Aloysius Church and two different tram routes are on its doorstep.

"The project continues Abadeen’s push into the east and south-eastern suburbs of Melbourne’s owner-occupier, high-end apartment market," Leoncelli added.

The Caulfield North project will be Abadeen third in Melbourne. They announced themselves on the scene in the Melbourne off the plan apartment market with <a href="/new-apartments/malea-94-burke-road-malvern-east">Maléa</a>, just seven luxury apartments on <a href="/new-apartments/malvern-east-vic-3145">Malvern East's</a> Central Park where they've recently started construction.

They also have a development application with Stonnington Council for another development at 646 High Street in Prahran. They're planning 26 apartments in a striking Carr-designed building that curves around a listed Smooth Bark Apple tree.

Leoncelli says the feedback from the application has been positive.

Read more: <a href="/news/vic/first-look-abadeen-lodge-plans-for-second-melbourne-apartment-development">First look: Abadeen lodge plans for second Melbourne apartment development</a>

Abadeen VIC will go back to the drawing board and is engaging a leading architect to tweak the plans to make the apartments larger

Exclusive: Abadeen grab next Melbourne off the plan apartment development site

Melbourne-based developer Blue Run is the latest group to jump into the booming South Kingsville market.

They've just started selling&nbsp;<a href="/new-apartments/kings-lane-kingsville-56-new-street-south-kingsville-vic-3015">Kings Lane</a>, a boutique townhouse development comprising just 25 three and four-bedroom townhouses designed by <a href="/architects/rothelowman">Rothelowman</a>.

The two and three-level townhouses will sit on New Street, tucked away conveniently off Blackshaws Road and near Edwards Reserve.

[smartcode_project:default project_id=145042 project_image_fid=279557]

Blue Run Founder and Director Richard Wilkes says not many projects in the Melbourne market can offer a Rothelowman design at this price point

"These townhomes are different to anything else on the market in the area," Wilkes says.

"We’re eight kilometres from the CBD with sustainably designed townhomes by an award-winning architect for&nbsp;under $1 million, which is hard to replicate in the current market never mind in a few year’s time."&nbsp;

LAWD Projects Director Henry Burbury says <a href="/developments/south-kingsville-vic-3015">South Kingsville</a> and the neighbouring <a href="/developments/spotswood-vic-3015">Spotswood</a> is evolving, with several of the country's biggest developers undertaking development in the area.

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"<a href="/developers/mirvac">Mirvac</a>, <a href="/developers/stockland">Stockland</a>, <a href="/developers/blue-earth-group">Blue Earth Group</a> and Metro Property have all identified South Kingsville and Spotswood for development. Frasers have also recently launched Bradmill in nearby Yarraville. That speaks volumes as to where they're heading, and that should give buyers confidence that the area is going through a transformation.

"Union Quarter is bringing extensive retail and hospitality spaces, including a health and wellness centre, while a sky rail has been mooted for Spotswood and Newport."

So far Burbury has been fielding interest from buyers from <a href="/developments/southbank-vic-3006">Southbank</a>, <a href="/developments/south-melbourne-vic-3205">South Melbourne</a> and the St Kilda Road precinct, as well as strong interest from interstate.

"They're coming out of apartments and want more space. Similar product in Melbourne's south-east and northern suburbs can be between $1.7 million and $.2 million.

"There's also been a large amount of enquiry from surrounding suburbs like <a href="/developments/footscray-vic-3011">Footscray</a> and <a href="/developments/sunshine-vic-3020">Sunshine</a>, as well as those who have house and land in the likes of Werribee who want to come into the city for greater access to schooling for their growing families."

LAWD recently opened the display suite on-site at 56 New Street, South Kingsville.

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Launch Alert: Kings Lane townhouses launch in South Kingsville

Coburg&nbsp;in Melbourne's north,&nbsp;boasts great local amenities, but a modern lifestyle means not always having to leave home to relax and indulge in leisure and recreational activities.

<a href="/developers/pace-development-group">Pace Development Group's</a>&nbsp;two-building, multi-residential development&nbsp;<a href="/buildings/pace-3058-coburg-9s-wardens-walk-coburg">Pace 3058</a>, is set to offer its residents precisely the balance of a great location in <a href="/developments/coburg-vic-3058">Coburg</a> and extensive lifestyle amenities to access and enjoy without the need to step outside.

&nbsp;

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Socialising throughout the day is made effortless with a residents' lounge and a private dining room, the latter designed for intimate gatherings with guests and neighbours outside of the home.

Pace 3058 also has a rooftop garden and communal terraces for larger gatherings. The rooftop will be furnished with sitting arrangements and shaded barbecue areas overlooking city views.

A 25m lap pool forms the fitness component of the development.

The ground-level plazas and walkways further contribute to the community vibe, lined with abundant vegetation that connects the various parts of the development.&nbsp;

[smartcode_project:default project_id=24822 project_image_fid=254326]

Residents are encouraged to actively participate in nurturing and maintaining the garden beds and trellises, fostering a sense of ownership and camaraderie within the community.

Pace 3058 will also activate the ground level with a downstairs retail store, bringing convenience and essentials right to the residents' doorstep.

Aside from the lifestyle amenities, residents of Pace 3058 will have at least one designated parking spot for their apartment and additional spaces for larger units. The development also offers 311 designated storage cages available for residents' belongings.

Security is a top priority in the development, with CCTV coverage provided in key communal areas such as lifts, corridors, car park levels, and entry points. Access to the building is controlled via swipe card or fob, ensuring only authorised individuals can enter.

&nbsp;

[smartcode_project:default project_id=24822 project_image_fid=254325]

Pace 3058 comprises a total of 311 apartments and townhouses designed by SJB Architects. Prospective buyers can choose from one, two, and three-bedroom DDA-compliant apartments, as well as double-storey three-bedroom townhouses.

Construction of Pace 3058 by Pace's in-house building arm,&nbsp;<a href="/builders/pace-constructions">Pace Constructions</a>,&nbsp;is scheduled to be finished in the coming months.

[smartcode_project_cta:default project_id=24822]

Construction of Pace 3058 by Pace's in-house building arm, Pace Constructions, is scheduled to be finished in the coming months

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