<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.

[smartcode_project:default project_id=140747 project_image_fid=367540]

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.

[smartcode_project:default project_id=140747 project_image_fid=367529]

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.

[smartcode_project:default project_id=509 project_image_fid=365684]

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;

[smartcode_project:default project_id=509 project_image_fid=365687]

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.

[smartcode_project:default project_id=509 project_image_fid=365689]

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.

[smartcode_project_cta:default project_id=509]

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.”

[smartcode_project:default project_id=146358 project_image_fid=323057]

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.”

[smartcode_project:default project_id=146358 project_image_fid=323055]

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.

[smartcode_project:default project_id=146358 project_image_fid=323052]

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.

[smartcode_project_cta:default project_id=146358]

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;

[smartcode_project:default project_id=110588 project_image_fid=5347]

Yasmine Ghoniem, Director of YSG Studio, says their vision&nbsp;for The Frederick "reinvents coastal living."

“Nobby’s has such an iconic energy, it’s one of those rare pockets of the Gold Coast where the community, the beach, and the streets all feel connected,” Ghoniem says.

"Responding to the neighbouring coastline, soothing curves add a relaxing regional overlay, while unique detailing really sets it apart. It’s a place that feels lived in from the moment you step inside.”

A standout feature of The Frederick is its rooftop terrace, an uncommon inclusion for a boutique, low-rise building, where amenity is typically concentrated at ground level.

[smartcode_project:default project_id=110588 project_image_fid=5360]

Positioned to capture panoramic views from the hinterland to the ocean, the rooftop has been designed as a series of intimate zones. It includes a pool, sauna, sun decks, workspaces and dedicated entertaining areas.

“The rooftop was conceived as a collection of spaces where residents can unwind and connect, an extension of the Nobby’s lifestyle,” Barrett says.

Architecture for the project was led by Plus Studio, with landscape design by LDG Landscape Architecture.

SRQ Projects Director Nick Clydsdale, who is handling sales at The Frederick, says the majority of enquiry is coming from South East QLD and Victorian buyers who have been actively searching between Broadbeach and Mermaid Beach for some time.

"They’ve reviewed a number of projects, however this one has stood out for its unique detailing and compelling design,"&nbsp;Clydsdale says.

Site demolition is slated for this month, with construction commencing soon after. BIG Projects is targeting a late 2027 completion.

[smartcode_project_cta:default project_id=110588]

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

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

ALTA Property to deliver $200 million Queens Road apartment tower

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

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

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

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

Every First Home Owner Grant for new property by state

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

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

Staff Writer

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

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

alisonwarters@gmail.com

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

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

Ellen Walker

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

Melbourne's inner-east suburb of&nbsp;Burnley has long been played second fiddle to its more prominent neighbours of Cremorne, Richmond and Hawthorn.

Since the 1850s, <a href="/developments/burnley-vic-3121">Burnley</a> has been considered as one of Melbourne's premier garden suburbs,&nbsp;with over half of its 112-hectares dedicated to parks and gardens. Where adjoining suburbs have seen an influx of investment in both commercial and residential development, Burnley has flown under the radar and retained a nature-first feel.

But now the small suburb on the Yarra is set for a transformation of its own.

Some 3,600 new workers will be flooding into Burnley daily later this year when Australia Post shifts if HQ to a new $450 million purpose-built office building on Swan Street which is being developed by ASX-listed commercial property giant Charter Hall. Next door Bamfa is also readying a $350 million, Cox Architecture-designed glass office building which will trigger a further 2,500 workers daily. Both offices are located next to the Burnley Station, which sees arrivals from four of Melbourne’s busiest train lines and trams.

The two major commercial office buildings have&nbsp;opened the door to the possibilities of Burnley. What Burnley doesn't have going for it, in terms of those wanting to move into the suburb, is an abundance of housing. Property data analytics firm CoreLogic says there are less than 500 houses and apartments in Burnley, and only five of those have sold so far in 2024.&nbsp;

Between the most recent census collections, Burnley's population has only grown from 769 people to 794, just over 20 people in five years.&nbsp;

Comparatively Cremorne, which is around 40 hectares smaller than Burnley, has a population of well over 2,000.&nbsp;

Contributing to it is the fact that nearly half of the whole suburb is occupied by parks, while the Burnley Golf Course, which is temporarily closed as the 18-hole course undergoes a major redesign, contributes to over 10 per cent of Burnley's entirety.

On the other side of Swan Street is the six-hectare Burnley Park, home to Burnley Oval, Burnley Park Playground, and The&nbsp;Burnley Circus,&nbsp;the largest designated event site within the City of Yarra.

There's even more greenery surrounding The University of Melbourne Burnley Campus, where it's no surprise the horticulture classes are taught. The campus is surrounded by the heritage-listed Burnley Gardens, a nine-hectare open green space that features over 1,000 different species of plants as well as some of the oldest trees in Melbourne.

Burnley Gardens is also home to several sporting fields and clubs including Richmond Junior Football Club, Richmond City Cricket Club, Collingwood City Soccer Club and&nbsp;FC Melbourne Srbija who play in the NPL.

Opportunities to develop both residential and commercial property in the suburb have always been few and far between. While Burnley is known for its gardens, it has a significant industrial heritage too. Many of the old industrial buildings still line the streets.

Melbourne developer <a href="/developers/developed-by-urban">Developed by Urban</a>, who specializes in restorations of old and heritage-listed buildings, have looked to Burnley for its latest adaptive reuse project. In a joint venture with JAK Investments, Urban will be redeveloping the heritage-protected landmark&nbsp;Barrett &amp; Burston Maltings, a historic malting factory that started life in the late 1800s as Terry's Burnley Brewery.

"Burnley has been on our radar for some time” explains Urban Director Bart O’Callaghan.

”It is closer to the amenities of the Yarra River, better serviced by public transport and employment opportunities and has better access to both primary and secondary schools than neighbouring suburbs of Richmond and Cremorne.

"One train stop from Burnley Station on the Glen Waverly line puts you at Heyington Station St.Kevins College and St Catherines School Toorak. Two stops on the Belgrave and Lilydale line puts you at Glenferrie Station a short walk to MLC, Xavier College and Trinity Grammar. &nbsp;Richmond Primary School, Melbourne Girls College and Richmond High School are all a short walk. There is direct access to the Yarra, the Monash Freeway and Melbourne’s sporting Precinct is a walk away.&nbsp; "

O’Callaghan says for years Burnley's main&nbsp;detraction had been the operating heritage maltings which finished operations in 2018.

"We have put a tonne of work into the heritage restoration and reimagining of the c.1885 space to now incorporate 1,000 sqm of gardens and beautifully designed new homes, perfect for Families and downsizers alike.

“So often Melbourne families living in the inner suburbs are forced further away from the CBD in pursuit of space and a larger family home close to Schools. Burnley Maltings townhomes include lock-up garages, oversized bedrooms rooftop terraces and oodles of family living space.”

[smartcode_project:default project_id=14401 project_image_fid=258912]

The new development, <a href="/new-apartments/burnley-maltings-richmond-45-gibdon-street-richmond">Burnley Maltings</a>, incorporates much of the industrial building into the 37 two and three-bedroom townhouses which will surround the heritage silos and over 1,000 sqm of lush, green space landscaped by the renowned <a href="/architects/jack-merlo">Jack Merlo</a>. All but one townhouse has a private rooftop terrace with views over the Yarra River and out to the city skyline.

The 3,568 sqm site is located toward the northwest corner of Burnley at 45 Gibdon Street, 400 metres from the golf course and next to&nbsp;Twickenham Crescent Reserve and Golden Square Bicentennial Park. The&nbsp;Yarra River Parklands-Loys Paddock and the Main Yarra Trail are just 400 metres south of Burnley Maltings.

[smartcode_project:default project_id=14401 project_image_fid=258922]

Serotonin Café (200m), Friends of Mine (300m) and over 1,000 sqm of new hospitality offerings are soon to be opened at 480 Swan Street, only a 400 sqm walk from the project. An unlimited offering of food, hospitality and shopping options along Swan Street is only a short ride away.

Burnley Maltings is now under construction and slated for completion in late 2025.

[smartcode_project_cta:default project_id=14401]

From garden suburb to commercial hub: Burnley's next phase of transformation

Boutique property developer Gestalt Property has appointed award-winning builder with Brompton Construction to bring to life its mixed-used development Clyde Street.

<a href="/builders/brompton-construction">Brompton</a>&nbsp;won two Master Builders Associations Awards last year. Their work on&nbsp;14 Gleniffer Avenue, Brighton East, won the award&nbsp;for the Best Multi-Unit development between four to 12 units, while their build of 30 Rooding Street in Brighton won the same award in the 12 units plus category.

<a href="/new-apartments/clyde-street-kew-733-high-street-kew">Clyde Street</a>&nbsp;by <a href="/developers/gestalt">Gestalt Property</a>&nbsp;comprises 11 house-sized townhouses coupled with three apartments and retail spaces. There are just two one-bedroom apartments and a two-bedroom penthouse apartment in the <a href="/architects/ma-architects">MA Architects</a>-designed building.

[smartcode_project:default project_id=139984 project_image_fid=212833]

<a href="/project-marketer/jellis-craig-projects">Jellis Craig Projects</a> Director Stephen Bowtell says the townhomes offer everything a buyer could want, with a flexible floor plan for both families and downsizers to use as they wish.

MA Architects Associate Rachel McNally elaborated on the townhouses' design, mentioning two distinct types with differing living spaces.&nbsp;

"One has a living space on the ground floor with a connection to the street that’s a little bit more closed off and a focus on opening up into their courtyard. And then the other townhouse has living spaces on the first floor with a great aspect over the mature trees along Clyde Street," McNally says.

[smartcode_project:default project_id=139984 project_image_fid=212832]

Each townhouse comprises three bedrooms, two bathrooms, two living spaces, a car garage, and a storage room – sitting in gardens designed by landscape architect <a href="/landscape-architect/simon-taylor">Simon Taylor</a>. Taylor said he only had to look around the suburb for inspiration for the townhouse gardens.&nbsp;

Clyde Street is conveniently located within walking distance of a tram stop at the corner of High Street, providing easy access to Kew Junction, Richmond, and the CBD, just fifteen minutes away.

[smartcode_project:default project_id=139984 project_image_fid=212843]

Within a one-kilometre radius of the property, residents can find outdoor spaces for picnics, hiking, and sports, as well as some of the country's top schools, including St Anne's School, Kew East Primary School and Kew High School.

Construction for Clyde Street is due to commence in April 2024.

[smartcode_project_cta:default project_id=139984]

Construction for Clyde Street is due to commence in April 2024

Gestalt appoint Brompton to build Clyde Street development

Developer DM Property has appointed the reputable construction firm&nbsp;<a href="/developers/hamilton-marino">Hamilton Marino</a>&nbsp;to build its debut Geelong apartment development, Motif.&nbsp;

<a href="/new-apartments/motif-geelong-1-york-street-geelong-vic-3220">Motif</a> is <a href="/developers/dm-property">DM Property</a> and joint venture partner&nbsp;<a href="/developers/icon-developments">Icon Kajima</a>'s first apartment project on the Bellarine, representing <a href="/developments/geelong-vic-3220">Geelong</a>'s first apartment launch in several years.

[smartcode_project:default project_id=136615 project_image_fid=241453]

DM and Icon Kajima has partnered with renowned architecture firm Rothelowman to design the five-level, 129-apartment building which is <a href="/news/vic/motif-geelong-apartments-race-to-60-sold">already over 60 per cent sold</a>.

Motif is fossil fuel-free, and the electricity consumption is offset by significant solar panelling, making it a 7-star NAThers-rated building.

The various configurations on offer and price points will appeal to everyone, from first home buyers, young professionals, downsizers, and investors, both local and interstate. Motif has already sold 60 per cent of its 129 apartments.&nbsp;

[smartcode_project:default project_id=136615 project_image_fid=241456]

Ideally located at 1 York Street on the fringe of the CBD, Motif is just a stone's throw from Pakington Street's cafes, restaurants and bars, and the Little Malop Street precinct, home to The Geelong Library and Heritage Centre, the most striking piece of architecture in town, while all being one street away from the water.

Read more:&nbsp;<a href="/news/vic/motifs-prime-position-on-the-fringe-of-the-heart-of-geelong">Motif's prime position on the fringe of the heart of Geelong</a>

Construction is expected to commence this year.

[smartcode_project_cta:default project_id=136615]

DM and Icon Kajima has partnered with renowned architecture firm Rothelowman to design the five-level, 129-apartment building which is already over 60 per cent sold.

DM Property appoint Hamilton Marino to build Motif Geelong apartments

Malvern Road is one of the longest roads in Melbourne, stretching over seven kilometres from Malvern East through to Prahran and passing through Malvern and Aramdale on the way.

Developer EVE Holdings identified one of the quietest spots on Malvern Road for its latest apartment project <a href="/new-apartments/taylor-malvern-east-2041-malvern-road-malvern-east">Taylor</a>, set at the <a href="/developments/malvern-east-vic-3145">Malvern East</a> end of Malvern Road near Malvern East Train Station and Waverley Park.

The collection of just 16 one, two and three-bedroom apartments designed by <a href="/architects/rothelowman">Rothelowman</a> sit in a connected pocket of Malvern East, with the Malvern East Station just 650 metres away and Darling Station one kilometre west. It's also a stone's throw from the Monash Freeway which is the most direct route to the CBD and other parts of <a href="/new-apartments/melbourne-vic">Melbourne</a>.

[smartcode_project:default project_id=143954 project_image_fid=253008]

Future residents at Taylor will also be well connected to Melbourne's best retail, with Chadstone - The Fashion Capital, Melbourne's premier retail, lifestyle and hospitality destination, just a six-minute drive away.

Malvern East's dining scene is within walking distance of Taylor, including East Malvern RSL Club &amp; Bistro, just 500 metres away, and a host of other establishments along Malvern Road.

Wine and beer at Rutherford’s Corner, The Tandoori Cottage Indian Restaurant, Satsuki Japanese Cafe, and Jake &amp; the Beans Talk are all within a seven to nine-minute walk from Taylor.&nbsp;

[smartcode_project:default project_id=143954 project_image_fid=253007]

For recreation and outdoor enthusiasts, Taylor is surrounded by major sports and recreation park Waverley Oval, just 600 metres away, the Dorothy Laver Reserve West, and the 18-hole public golf course Malvern Valley Golf Club.

Taylor also offers proximity to esteemed educational institutions catering to learners of all ages. Within a ten-minute drive, families will find reputable schools such as St. Mary’s Primary School, Solway Primary School, Caulfield Grammar School Malvern Campus, Sacre Coeur, and Monash University Caulfield Campus.

Construction of Taylor by builder <a href="/builders/d5-building-group">D5 Build</a> is underway. Jellis Craig Projects is marketing Taylor.

[smartcode_project_cta:default project_id=143954]

Taylor apartments prime location in Malvern East

Prospective off the plan apartment buyers will have a rare opportunity to buy into the tightly held Frankston on the Mornington Peninsula, with plans approved for a new apartment development near the train station.

A planning permit has been granted for an eight-story mixed-use development at 59-61 Playne Street,&nbsp;<a href="/developments/frankston-vic-3199">Frankston</a>, which will home 60 apartments above ground-level retail.

Architecture firm&nbsp;<a href="/architects/ewert-leaf">Ewert Leaf</a>&nbsp;put together the plans.

The decision was made during the Council meeting held in March, with councillors voting five to four in favour of the project.

It was a major step forward for the strategic development site located in the heart of the Frankston Major Activity Centre (MAC). The site is currently home to Mialls Gun Shop.

Following thorough deliberations, Council officers recommended approval of the proposal, highlighting its numerous positive characteristics and its potential to contribute significantly to the revitalization of the activity centre.

Frankston set for new apartment development after Playne Street approval

Amenity-centric Melbourne developer <a href="/developers/blue-earth-group">Blue Earth Group</a> is trying again to get its Coburg development approved.

Following an unsuccessful Tribunal hearing last year, Blue Earth Group, led by Michael and Omran Dib, has filed plans again to the Merri-Bek Council for a three-tower development at <a href="/new-apartments/81a-bell-street-coburg">81a Bell Street</a>, on the fringe of Coburg&nbsp;City&nbsp;Oval&nbsp;(or Piranha Park).

The plan is for over 444 apartments and townhouses designed by CHT Architects on what the planning documents call a "significant land parcel" given its location on the south-western corner of Bell and Rodda Street which forms the entrance/gateway to the <a href="/new-apartments/coburg-vic-3058">Coburg</a> Major Activity Centre (‘MAC’).

<img alt="Blue Earth" data-entity-type="file" data-entity-uuid="0c699d1c-502d-4ede-8c28-5a44c055a928" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-04-02%20at%209.52.03%20am.png?VersionId=WwaZ11zW4fgdtxQP_vlyeKbfW2yFJuUa" />

The Planning Report by Planning &amp; Property Partners suggested the Tribunal Decision came from concerns of the built form, however, they acknowledged the site's suitability and ability to respond to planning policy for increased housing density and diversity on the site.

"All of the former planning permits issued for the site have expired, with this application now seeking to respond to the criticisms identified in the recent Tribunal Decision and positively renew the site’s strategic significance to the Coburg MAC through the provision of an exemplar mixed-use development encompassing higher density residential living and added benefits for the benefit of the broader community," the report read.

<img alt="Blue Earth" data-entity-type="file" data-entity-uuid="d9310276-d2b7-4d31-8f3f-04de3af3ee93" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-04-02%20at%209.52.11%20am.png?VersionId=sVdtbnXQ7P44YGsQ0EKaAiL9Ue739Ro." />

The 1.2-hectare site was used for the former Coburg High School but is now vacant following a lengthy planning history.

The revised design response continues a similar design concept to that forming the basis of the Tribunal Decision, containing three buildings ranging in height from five to 11 storeys, with large areas of publicly accessible open space and pedestrian links provided within the site that are bordered by ground floor activity with the provided building separation and setbacks consistent with the Tribunal’s findings in maximising daylight receipt to the apartments and sunlight to provided open space areas.

<img alt="Blue Earth Bell" data-entity-type="file" data-entity-uuid="299cdaad-17a3-4aac-9182-ab554a6cf871" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-04-02%20at%209.51.46%20am.png?VersionId=BCxkjqSgWCy6rRe3NkMp_v4n3DKkJqof" />

Proposed are 223 one-bedroom apartments, the majority with a study, 195 two-bedders, 15 three-bed apartments, and 11 townhouses.

The towers will sit above two basement levels with 499 car parking spaces. 716 bicycle spaces will be provided across the site.

There will be around 239 sqm of shop floor space and a 106 sqm food and drink premises.

Blue Earth has become well known for creating developments that focus on a lifestyle as much as being a place to live since being founded by the Dib family in 1993.

Blue Earth has become well known for creating developments that focus on a lifestyle as much as being a place to live since being founded by the Dib family in 1993

Blue Earth Group to push on with three-tower Coburg development

It was several years ago when Melbourne developer Itum identified Prahran as the home of its next apartment development.

They created <a href="/buildings/hunter-prahran-14-18-porter-street-prahran">Hunter Prahran</a>, one of the closest projects to <a href="/new-apartments/prahran-vic-3181">Prahran</a> Station at 14-18 Porter Street.

Located just four kilometres from Melbourne's CBD, Hunter Prahran boasts an unrivalled level of proximity to a diverse range of local amenities, as well as unparalleled access to the city's iconic attractions.&nbsp;

Regardless of personal preferences or culinary cravings, Prahran offers an array of delectable options to explore and make your own. Greville Street beckons with its eclectic range of eateries, while Chapel Street boasts an extraordinary assortment of sophisticated dining experiences that span diverse cultures. And when it comes to nightlife, Prahran's multitude of bars caters to both the relaxed casual and the more upbeat crowds.

For avid shoppers, Prahran is a veritable paradise. From Greville Street's chic fashion, jewelery, and art stores to the internationally renowned brands and cutting-edge local designers on Chapel Street, Prahran is bursting with high-end, niche shops. Residents also benefit from the convenience of having supermarkets, specialty grocers, liquor stores, and the legendary Prahran Market on their doorstep.&nbsp;

Residents can enjoy easy walking distance to Chapel Street, the Prahran Aquatic Centre, and a selection of Melbourne's finest schools.

For nature enthusiasts, the surroundings and outdoor facilities of nearby Fawkner Park, Albert Park Lake, and the Royal Melbourne Botanic Gardens are within reach.

With Prahran Railway Station located right outside and trams running in all directions, residents have the luxury of choosing from the city's best transportation options.

Hunter Prahran's captivating development is strikingly positioned in the emerging high-density character of Porter Street. The development extends through three distinct sections, culminating in Percy Place at the rear.

[smartcode_project_cta:default project_id=1701]

Completed apartment spotlight: Hunter Prahran by Itum

Prominent Melbourne growth corridor developer Sivasli is well on track to complete a new collection of residences in their Sunbury masterplan.

They're over 80 per cent through the construction of <a href="/buildings/elanor-sunbury-750-elizabeth-drive-sunbury">Elanor</a>, just 18 townhouses and single-level villas just in front of Harpers Creek. The small community will have direct pathway access to the creek,&nbsp;

The single-level, three-bedroom villas, situated on the street side of the Elizabeth Drive site, extend out to landscaped front and rear yards, while the townhomes, designed for the family buyer, span two levels and sit beside Harpers Creek and its walking trails.

[smartcode_project:default project_id=101342 project_image_fid=256980]

So far downsizing owner-occupiers from the local area have made up the bulk of enquiry, however, there have also been a few first home buyers and investors, looking to take advantage of the affordability benefits.

Each of the residences, designed by Petridis Architects, has three bedrooms and dedicated study rooms. The palette features natural and textured materials including&nbsp;warm timber joinery, oak-inspired floors, and Dekton stone surfaces.

The residences have also been appointed with energy-efficient appliances and initiatives, including rainwater harvesting, energy-efficient LED lighting, environmentally intelligent design for orientation and insulation, water-conscious fittings, and low-maintenance green spaces.

Prices for the townhouses start from $639,900.

[smartcode_project:default project_id=101342 project_image_fid=256984]

The location of the residences is proving to be a major drawcard for buyers, with not only the creek within walking distance, but the closest Woolworths being just 400 metres away.&nbsp; The <a href="/developments/sunbury-vic-3429">Sunbury</a> Square Shopping Centre is just a seven-minute drive, while the Melbourne CBD is around 30 kilometres south of the townhouses.

<a href="/builders/zentos-construction">Zentos Construction</a> is working toward a mid-2024 finish to the townhouses, with off the plan buyers expected to move in by May 2024.

<a href="/developers/sivasli">Sivasli</a> has a long track record of delivering quality house and land and townhomes in some of Melbourne's strongest growth corridors. They recently completed Surrey Green in Sunbury and <a href="/new-townhouses/annabelle-laverton-vic-13-thomas-street-laverton">Annabelle in Laverton</a>.

They have projects coming up in Wyndham Vale, another growing area that is around 30 kilometres from the Melbourne CBD. It will be another project that is&nbsp;price sensitive to allow for both entry-level buyers as well as investors.

Their development pipeline also includes an upcoming project in <a href="/developments/corio-vic-3214">Corio</a>, near <a href="/developments/geelong-vic-3220">Geelong</a>.

The $100 million project, known as <a href="/developments/corio-vic-3214">Edenville</a>, will comprise over 100 new homes on a three-hectare block.

[smartcode_project_cta:default project_id=101342]

Sivasli approaches completion of Sunbury development Elanor

Lendlease has secured formal approval for Gurrowa Place, their $1.7 billion redevelopment of the Queen Victoria Markets in the heart of Melbourne.

The approval follows last week’s execution of contracts between <a href="/developers/lendlease-development">Lendlease</a>, student accommodation provider Scape, and the City of <a href="/developments/melbourne-vic?sort=">Melbourne</a> for the major urban regeneration project.

Lendlease has also received planning permits for early works with construction expected to commence in the coming months, pending final approvals.

Gurrowa Place, which is part of the largest urban renewal project undertaken by the City of Melbourne, will revitalise the QVM precinct’s 3.2-hectare southern site, bordered by Franklin, Queen and Peel streets, with new commercial, residential, retail, and public open space.

Across three new buildings, Gurrowa Place will feature a 28-storey next-generation workplace, around&nbsp;560 build-to-rent apartments with 80 affordable homes, and 1,100 student residences to be managed by Scape.

The approved plan includes a 1.8-hectare public park which will be known as Market Square designed by the City of Melbourne in collaboration with Lendlease, and the restoration of the existing heritage Franklin Street Stores into a new retail village to complement the QVM offering.&nbsp;

A 220-space basement car park will also be delivered for visitors and traders.

The site’s history has been honoured after extensive consultation with Wurundjeri Elders, with the name ‘Gurrowa’ meaning a place of exchange and interchange to the Traditional Custodians of the Country on which the Queen Victoria Market resides.

Lendlease is acting as development and construction partner for the commercial and build-to-rent towers, with Scape acting as the developer of the student accommodation.

The project is expected to be completed in FY28.

Tony Lombardo, Global CEO of Lendlease, says the&nbsp;$1.7 billion Gurrowa Place project represents an enormous opportunity to revitalise one of Melbourne’s most-loved precincts with new public space, retail, office and housing.

“With construction expected to commence in the coming months, we’ve commenced discussions with capital partners interested in working alongside Lendlease and our stakeholders to bring the project to life on behalf of Melburnians," Lombardo said.

“Achieving the twin milestones of contract close and development plan approval underscores the significant momentum right across our Australian business, Lendlease’s traditional growth engine, as we replenish our local pipeline of development projects and repatriate capital from offshore.”

City of Melbourne Lord Mayor Sally Capp said&nbsp;Gurrowa Place will become home to thousands of new residents, attract more market customers and boost business for traders – while unlocking one of the largest open spaces in the CBD.

“We’re one step closer to starting work to enhance the traditional market experience Melburnians and visitors know and love. This $1.7 billion vote of confidence from Lendlease is Council’s most significant partnership with the private sector – which will create more than 4,000 jobs and secure the market’s future.”

Lendlease secures approval for Gurrowa Place, $1.7 billion Queen Victoria Market redevelopment

ASX-listed developer Cedar Woods has seen significant interest in their latest residential offering in Williams Landing, the 275-hectare masterplanned community in the City of Wyndham.

Over half of the first release of townhouses in the Addison Walk townhouse collection were snapped up on the first weekend of its recent launch.

The 33&nbsp;<a href="/new-townhouses/addison-walk-williams-landing">Addison Walk</a>&nbsp;townhouses will draw a wide variety of buyers given the options of either two, three or four-bedroom configurations across either two or three-level floor plans.

The strong result highlights the increasing demand for quality townhomes living in <a href="/new-townhouses/melbourne-vic">Melbourne</a>'s booming western suburbs - with the City of Wyndham notably one of the fastest growing regions in Australia.&nbsp;

<a href="/developments/williams-landing-vic-3027">Williams Landing</a> has experienced strong population growth (42%) over the past five years, demonstrating its increasing popularity. Williams Landing has proven to be popular among families and young couples with the average occupants being 20-39 years old.

<img alt="Addison Walk Launch" data-entity-type="file" data-entity-uuid="7f1eca05-d88e-4a9c-9579-e28f6d47f52a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Addison%20Walk%20Launch.png?VersionId=EeFYL2QhFQtLJLBnYshZDot2HH4l3I_T" />

<a href="/developers/cedar-woods">Cedar Woods</a> Victorian State Manager James Bovell attributed the rapid up-take to Addison Walk's competitive pricing, a unique architectural design and the value proposition it offers for entry into the Melbourne property market.&nbsp;

“With the pressure of interest rates affecting purchasing power for a lot of home buyers, we are seeing more people turn to townhomes which offer well-appointed, contemporary living spaces at an attractive price point compared to traditional detached homes,” Bovell said.&nbsp;

“Townhomes can provide more possibilities for a diverse mix of homebuyers, delivering greater convenience and less maintenance with the added benefit of privacy. The Addison Walk release also provides the required space for the growing needs of many couples and families.”&nbsp;

<img alt="Addison Walk Launch - Living" data-entity-type="file" data-entity-uuid="425dd199-1fcf-4bb3-9c41-84ea07f31c84" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Addison%20Walk%20Living.png?VersionId=zUsgbmGt95Q9iEQ3N0Qnl_9ncdCPYmlB" />

Designed by <a href="/architects/dko-architecture">DKO</a>, the townhomes are designed to deliver seamless indoor-outdoor living and entertainment spaces, complemented by quality finishes. Kitchens come equipped with European appliances, stone benchtops &amp; splashbacks with timber-look flooring to kitchen &amp; living areas and bathrooms with curated porcelain tiling.&nbsp;

Sustainability credentials are also impressive with homes being all electric and built to a 6.5 star energy rating in line with Australia’s move towards more energy-efficient homes.&nbsp;

The townhomes are well-located in the heart of Williams Landing, a ten-minute walk from the Williams Landing train station, providing swift access to Melbourne's CBD in just 30 minutes. Surrounded by rich lifestyle amenities, residents can also enjoy proximity to Addison Park and Wetlands, the Williams Landing Shopping Centre, as well as multiple schools, childcare centres and restaurants options also located close by.&nbsp;

Bovell said great location and lifestyle amenities are what today’s home buyers expect.&nbsp;

Addison Walk townhomes launched with a starting price from $649,000, with civil construction slated to commence in mid-2024.

[smartcode_project_cta:default project_id=144378]

Addison Walk townhomes launched with a starting price from $649,000, with civil construction slated to commence in mid-2024

Latest Victoria Property News

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

Editor's Picks

Developments

New apartments

New townhouses

News

Latest Victoria Property News

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

Editor's Picks

Receive the latest news stories to your inbox

Developments

New apartments

New townhouses

News