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

Joel Robinson

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

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

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

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

Kooyongkoot wins Gold and Silver at Better Future Melbourne Design Awards

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

The apartment price gap drawing Sydney buyers west

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

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

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

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

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

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

Every First Home Owner Grant for new property by state

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

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

Staff Writer

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

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

alisonwarters@gmail.com

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

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

Ellen Walker

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

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

Cedar Woods launch Addison Walk townhouses in Williams Landing's latest stage

Milieu&nbsp;has been one of the most forward-thinking developers in the last decade in Melbourne's off the plan apartment space.

Milieu, who has been developing in Melbourne's coolest inner-northern suburbs since 2010, recently branched outside of its comfort zone, launching its first project in Melbourne's south-east.

<a href="/new-apartments/plant-street-by-milieu-malvern-1-plant-street-malvern">Plant Street by Milieu</a> in Malvern, in partnership with Penfolds, will comprise just 21 apartments designed by RITZ&amp;GHOUGASSIAN.&nbsp;

Milieu has several projects that they're working towards, the first being <a href="/new-apartments/elsternwick-gardens-by-milieu-8-gordon-street-elsternwick-vic-3185">Elsternwick Gardens by Milieu</a> on a sprawling 11,740 sqm, the site of the former ABC Studios.

They also have a project coming up, likely later this year, in Brunswick East next to the iconic Brunswick Baths building.

With everything going on, we caught up with Michael McCormack, the co-founder at Milieu, to talk about how they as a development company have matured with the apartment market.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/rk9-qCtTTWw?si=ujRLHFhQ0hJOtPnD" title="YouTube video player" width="560"></iframe>

McCormack says when the company was founded, a number of the team were working for a developer who had turned to creating larger projects, recalling that at the time the type of product being developed was more investor grade stock.

"There just seemed to be a gap in the market which was developing that kind of attainable townhouse or apartment in a location that we wanted to live," McCormack says.

Their first project in Fitzroy was just five townhouses, each selling to owner-occupiers. Four of the five buyers still live there today.

"We did that successfully over a number of projects before five townhouses grew to 15 townhouses, to 30 apartments, and so on."

McCormack says the intention of the company stems from the name. Milieu is a French word which&nbsp;means the environment or context in which one lives and is influenced.

"That's kind of at the core of whenever we're looking for a project it's response to place that's how we kind of start so we think about really the local area and how we can contribute to and improve that with our project."

To find out more about Milieu, visit their Apartments.com.au Developer Profile <a href="/developers/milieu-property">here</a>.

With everything going on, we caught up with Michael McCormack, the co-founder at Milieu, to talk about how they as a development company have matured with the apartment market

Michael Bird

Inside Milieu's design-led approach to apartment development: Five minutes with Michael McCormack

<a href="/developers/gurner">GURNER™</a> has revealed that each of its six ultra-luxury mansions at the $35 million Huntingtower Place on the sough-after Huntingtower Road in <a href="/developments/armadale-vic-3143">Armadale</a> – which were inspired by the spectacular homes of Los Angeles – have now sold out after just six weeks on the market.&nbsp;

The six bespoke homes are currently under construction by <a href="/builders/krongold-constructions">Krongold Construction</a> and are due for completion in 2025, designed by sustainable design practice <a href="/architects/wolveridge-architects">Wolveridge Architects</a>, complete with landscape design by Myles Baldwyn. &nbsp;

The buyer pool was largely downsizers from nearby suburbs like <a href="/developments/malvern-vic-3144">Malvern</a>, <a href="/developments/toorak-vic-3142">Toorak</a> and <a href="/developments/south-yarra-vic-3141">South Yarra</a>, which have historically been starved of opportunities for top-end low-maintenance residences scaled for families in Armadale’s tightly held residential market.&nbsp;

In keeping with GURNER™’s sustainability ethos, each Huntingtower Place residence will be built with water harvesting, solar power generation, and double-glazed windows and door systems, all culminating in carbon-neutral homes.&nbsp;

<img alt="GURNER sell out $35m Huntingtower Place - Green" data-entity-type="file" data-entity-uuid="6c5986d0-5337-4377-acc4-e4380c9c4268" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Huntingtower%20Place%20Green.jpg?VersionId=A7AidMz02MwYKtHwq4R6u62hhVyNtgqF" />

Huntingtower Place’s palatial residences offer access to GURNER™ Design House, which works with buyers one-on-one to customise every aspect of their home. This allowed for inclusions like bespoke wine showcases, extensive home offices, private gym and wellness hubs and dedicated private wings for guests or returning children.&nbsp;

GURNER™ Boutique team will now turn its sights to key areas in Queensland and Victoria.

Brooke Formosa,&nbsp;GURNER™ Head of Boutique, said&nbsp;Huntingtower Road is one of the most sought-after and exclusive streets in Melbourne.

"We’re proud to be delivering such a high-quality product that will embody the most luxurious homes of Los &nbsp;Angeles while celebrating the character of Armadale," Formosa said.&nbsp;

“Buyers really don’t get opportunities like these in Armadale – the chance to work with a world-class architect to design your dream home in one of the nicest parts of Melbourne is extremely rare, and that definitely inspired our buyers to act quickly.

“The basis of everything we do is design – we build our towers, residences and boutique homes to be architecturally timeless and homely and to push the boundaries of what’s possible, and we love working one-on-one with buyers who share that passion."

<img alt="GURNER sell out $35m Huntingtower Place - Bedroom" data-entity-type="file" data-entity-uuid="ca9676fc-e5b2-4921-ae9e-13549327905c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Huntingtower%20Place%20Bedroom.jpg?VersionId=3RJRLCcY8hH317spv73o7UDRaBqlW0vF" />

Formosa said the aim is&nbsp;to deliver six to eight boutique projects per year in their boutique division.

"We have an incredible network of existing buyers who are showing a strong appetite for the product, so we know the luxury market is active.&nbsp;

“Being able to work so closely with Simon our Head of Interior Design and our Design House team is a rare opportunity, and allows for buyers to design the home they’ve always dreamt of in one of the most discerning parts of Melbourne.&nbsp;

“We offer a very unique customisation process to our buyers, where they really get to design the entire home hand-in-hand with a world-class team that has delivered many high-end residences."

GURNER™ Boutique team will now turn its sights to key areas in Queensland and Victoria

GURNER sells out $35 million Armadale mansions in Boutique collection

Melbourne developer Pitard Group has launched its latest apartment development, Madeline, in Moorabbin.

<a href="/buildings/madeline-moorabbin-19-23-central-avenue-moorabbin">Madeline</a> comprises 44 two and three-bedroom apartments spread across a four-level <a href="/architects/via-architects">Via Architects</a>-designed building at 19-23 Central Avenue, in the heart of the <a href="/developments/moorabbin-vic-3189">Moorabbin</a> Activity Centre.

The architecture of Madeline stands out with its modernist brick façade and monochromatic palette, artfully juxtaposed with greenery and abundant natural light.

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[smartcode_project:default project_id=138903 project_image_fid=301967]

Inside the apartments, neutral tones complemented by walnut timber accents create a warm and inviting atmosphere.&nbsp;

The open-plan living and entertaining spaces are generous, with double glazing and noise-cancelling acoustics, extending onto expansive outdoor terraces.

The kitchens featured grey marble benchtops and integrated Ilve appliances.&nbsp;

Integrated study nooks have been incorporated into the residences to cater to the needs of residents working from home.

[smartcode_project:default project_id=138903 project_image_fid=259745]

Residents at Madeline will also have a communal space to connect with their neighbours. The ground floor will home a resident lounge equipped with a full kitchen and a dining area.

Madeline is slated for completion in January 2025.

<a href="/developers/pitard-group">Pitard Group</a>&nbsp;has been busy so far in 2024.&nbsp;Madeline is their second launch this year following <a href="/buildings/moola-court-cheltenham-1-moola-court-cheltenham">Moola Court</a> in <a href="/new-apartments/cheltenham-vic-3192">Cheltenham</a>.

Read more:&nbsp;<a href="/news/vic/pitard-launch-under-construction-moola-court-apartment-development-in-cheltenham">Pitard launch under construction Moola Court apartment development in Cheltenham</a>

[smartcode_project_cta:default project_id=138903]

Pitard Group has been busy so far in 2024. Madeline is their second launch this year following Moola Court in Cheltenham

Launch Alert: Pitard launch new Moorabbin apartment development, Madeline

A record-breaking sale in Queenstown has seen the two top floors of Lakeview Te Taumata’s Roto Collection sell for over $33 million.

In a major milestone since releasing the Roto Collection, the transaction sees the penthouse on level 12 alongside complementary sub-penthouse apartments on level 11, all purchased by one buyer.

<img alt="94 Feet's $33 Million Penthouse Sale - Living" data-entity-type="file" data-entity-uuid="bb15b9f6-1a1a-4a37-9f36-3a59fd72449b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/GabrielSaunders_Lakeview_22_Building8B_Unit1301.jpg?VersionId=f5Y1vidAYZZi_RinFPa_MLPoaCC7y4EH" />

Exclusive agents New Zealand Sotheby’s International Realty say this unique purchase heralds a strong sign of demand generated by Lakeview Te Taumata.

“In a region where price tags for some of the most opulent luxury homes reach the $20 - $25 million mark, this sale sets a new benchmark for the apartment market in Queenstown,” says Myles Green, Projects and Development Manager.

“While buyers within this price range have traditionally gone for residences set within lifestyle acreage, there is a clear demand for the unmatched potential of amenity and location that Lakeview Te Taumata offers.”

Selling agent Dave Fea says the purchaser, who resides between North America and Queenstown, had been waiting for an opportunity like this for some time.

“Of particular appeal was the exceptional quality of architecture, the central location and world-class views the project provides, along with the vast array of amenities on hand," Fea said.

<img alt="94 Feet's $33 Million Penthouse Sale - Kitchen" data-entity-type="file" data-entity-uuid="845f6911-0d6b-400a-a40c-7c90f17321f6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/GabrielSaunders_Lakeview_15_Building-8B_U1201_DiningWithView%20-%20P.jpg?VersionId=HtyYW1mqXqr0G2SBiVO3KsmxQwaJQxAd" />

By securing both the penthouse and the floor below the purchaser has obtained an incredible expansive sanctuary in the heart of Queenstown.

The pinnacle of luxury, the penthouse alone offers panoramic mountain, city and lake views, with 475 square metres of living space including a generous 37 square metre balcony. The five bedrooms and 5.5 bathrooms are complemented by a private wine cellar, gym/wellness centre and the option of a sauna.

Buyer demand has been strong for the world-class Lakeview Te Taumata development, with almost $100 million in sales in the first stage of the $2+ billion master-planned precinct set to transform the cityscape of Queenstown.

<img alt="94 Feet's $33 Million Penthouse Sale - Bathroom" data-entity-type="file" data-entity-uuid="34f5f215-ef7a-4b8f-9b3e-0d8e92885271" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/GabrielSaunders_Lakeview_33_Level12_Bathroom.jpg?VersionId=WE4jXSofoNd6s1Ds.sVhZxxx1DPFMn97" />

Lakeview Te Taumata is being undertaken in a joint venture between ASX-listed Centuria Capital and <a href="/developments/melbourne-vic">Melbourne</a>-based 94 Feet, to be delivered in multiple stages over the next decade.

When completed, it will comprise an extensive range of luxurious residences, four hotels, including a premier six-star offering and a lifestyle and wellness hotel, as well as ground-floor retail, restaurants, bars, an art gallery, a public plaza and a hot-pools attraction.

Construction for the Roto Collection is set to start in late 2024.

Top two floors of Queenstown’s Lakeview Te Taumata apartments sell for $33 million

Melbourne developer 94 Feet secures $33 million Queenstown's record apartment sale

A major discussion being had across Australia's largest capitals is the conversion of office buildings to residential apartments.

The majority of those conversations are about how to redevelop currently established office buildings into apartments to cure the supply shortage in Australia. Not many are being altered at the development application stage.

Busy diversified developer <a href="/developers/aph-holding">APH Holding</a>, who has residential projects in <a href="/developments/box-hill-vic-3128">Box Hill</a>, <a href="/developments/deepdene-vic-3103">Deepdene</a> and <a href="/developments/hawthorn-vic-3122">Hawthorn</a>, as well as several hospitality and retail developments, is seeking to change up their approved&nbsp;<a href="/developments/south-melbourne-vic-3205">South Melbourne</a> mixed-use development at 61-65 Palmerston Crescent which was approved for over 2,000 sqm of office space, 200 sqm of retail, and a 250 sqm communal rooftop terrace.

Having secured the prized 620 sqm site in late 2022, one of the last undeveloped sites on Palmerston Crecent, APH is seeking to now develop a luxury apartment building with just 13 residences.

<img alt="65 Palmerston Launch - Balcony" data-entity-type="file" data-entity-uuid="07d8028e-0f81-466f-9216-95f50a4b6342" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/65%20Palmerston%20Balcony.jpg?VersionId=5gbJ9SCy_HB1yE_eq1ZeXFdCK.x9TDXx" />

Located just off Albert Park and next door to Fortis's recently completed office development, the building, dubbed&nbsp;<a href="/new-apartments/65-palmerston-61-65-palmerston-crescent-south-melbourne">65 Palmerston</a>, will have just half and full-floor units.

The lobby transitions residents from the busy street to their private homes. With large glass walls that emphasise space and offer views of the surroundings, the lobby also doubles as an art gallery showcasing local contemporary art.

<img alt="65 Palmerston Launch - Lobby" data-entity-type="file" data-entity-uuid="aafb3edf-7bcf-4b9a-a495-01f8b7920e5b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/65%20Palmerston%20Lobby.jpg?VersionId=LaNdrs8UXmqIFtK.UeCV4N2X7ojiFY9b" />

A temperature-controlled wine cellar with backlit walls of wine greets residents upon entry leading to a generous living area that opens onto north-facing balconies with panoramic city skyline views.&nbsp;

The kitchens are designed for entertaining, equipped with a range of high-end appliances discreetly integrated behind custom joinery and connected to a butler's pantry.&nbsp;

<img alt="65 Palmerston Launch - Kitchen" data-entity-type="file" data-entity-uuid="ad2850e4-c103-4040-8e0e-06a5249319ce" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/65%20Palmerston%20Kitchen.jpg?VersionId=WWWVtVoADQBgOMJCa33lr8tkuZceExrA" />

The master suite has its own external entry and features a double-size dressing room and an ensuite.

The project stands out not only for its premium design and amenities but also for its strategic location, providing residents with unparalleled access to parks, gardens, and Melbourne's world-class cultural and sports precincts.

The development's prime location in South Melbourne, bordering the Domain Precinct, ensures residents can enjoy the proximity to iconic landmarks such as the Royal Botanic Gardens, Melbourne’s Arts &amp; Cultural Precinct, and Albert Park Lake.

Construction of 65 Palmerston is expected to start soon.

[smartcode_project_cta:default project_id=2531]

Having secured the prized 620 sqm site in late 2022, one of the last undeveloped sites on Palmerston Crecent, APH is seeking to now develop a luxury apartment building with just 13 residences

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