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?

<a href="/developers/lechte-corporation">Lechte Corporation</a> has appointed <a href="/builders/casconstruct">CasConstruct</a> to bring their <a href="/developments/canterbury-nsw-2193">Canterbury</a> apartment development <a href="/buildings/melior-1-shierlaw-avenue-canterbury">Melior</a> to life.

The five-level building comprises one, two, and three-bedroom apartments around an inner oasis of private green space and canopy trees.

[smartcode_project:default project_id=109627 project_image_fid=184616]

Designed by Plus Architecture, the street-facing facade of Melior drew inspiration from Canterbury's rich 19th-century architectural history.&nbsp;

Geometric lines and silhouettes contribute to the overall design, creating a visually appealing structure that seamlessly integrates with the surroundings.

Behind Melior's sculptural walls, residents can expect sophisticated and well-thought-out apartment interiors by <a href="/architects/mim-design">Mim Design</a>.

[smartcode_project:default project_id=109627 project_image_fid=184612]

The apartment features marbled patterning in the kitchen, creating a painterly effect with warm tones and satin, brush platinum, and timber finishes.&nbsp;

The refined design extends to Melior's bathrooms, where warm tones and stone patterns create a calm haven on the apron front vanity and rising splashback.

The three-bedroom homes offer additional features, including walk-in pantries with concealed laundry and walk-in robes in bedrooms.

[smartcode_project:default project_id=109627 project_image_fid=184613]

For communal spaces, Melior will include an extensive wine cellar designed for group entertaining and a beautifully landscaped courtyard that opens to an adjoining nature reserve.&nbsp;

Melior's landscaping includes tree-lined streets, gardens, greenery, and a variety of secluded and open spaces with white-rendered walls, platforms, lawns, and raised beds.&nbsp;

[smartcode_project:default project_id=109627 project_image_fid=184617]

Adding to the convenience, two commercial tenancies facing Shierlaw Avenue provide further amenities for the residents.&nbsp; Melior is also strategically located just moments away from the vibrant Maling Road.

Apartments at Melior start from $595,000.

[smartcode_project_cta:default project_id=109627]

Lechte appoint CasConstruct to build Melior, Canterbury apartment development

Melbourne is undergoing massive infrastructure works as part of Victoria's $11 billion Metro Rail Project.

The Metro Rail Project includes the construction of twin nine-kilometre rail tunnels from <a href="/developments/kensington-vic-3031">Kensington</a> to <a href="/developments/south-yarra-vic-3141">South Yarra</a> as part of a new end-to-end service from <a href="/developments/sunshine-vic-3020">Sunshine</a> to <a href="/developments/dandenong-vic-3175">Dandenong</a>.

Five new underground train stations are also being built for the project: <a href="/developments/north-melbourne-vic-3051">North Melbourne</a>, <a href="/developments/parkville-vic-3052">Parkville</a>, State Library, Town Hall, and ANZAC.&nbsp;

The stations will not only enhance public transport accessibility but also offer retail opportunities and benefits to the local areas. The new stations are also expected to alleviate congestion in the Swanston Street/St Kilda Road tram corridor in particular.

ANZAC Station,&nbsp;situated at the corner of St Kilda Road and Domain Road, is set to be a game changer for the St Kilda Rd precinct when it opens in 2025 on the edge of the Shrine of Remembrance Reserve. It will be just one stop to the CBD.

It will serve thousands of residents and workers in the area, with a daily passenger capacity of up to 40,000 by 2031. The station is designed with a distinctive canopy above the tram interchange and will have three main entrances for an integrated passenger experience.

We've had a look at what's being developed in the area, and which new projects will take advantage of the new station.

<h2>Project: The Albertine</h2>

<h3>Address: 31 Queens Lane, Melbourne VIC 3000</h3>

<h3>Developer: Mirvac</h3>

Residents at leading property developer <a href="/developers/mirvac">Mirvac</a>'s latest $200 million Melbourne apartment development, <a href="/new-apartments/the-albertine-by-mirvac-melbourne-31-queens-lane-melbourne">The Albertine</a>, will be ideally positioned to take advtange of the new ANZAC Station from its Queens Lane address.

Mirvac snapped up the prime 2,323 sqm site in mid-2022, with the driving force behind the purchase being the unbeatable location.&nbsp;

Read more:&nbsp;<a href="/news/vic/a-parkside-haven-how-mirvacs-the-albertine-takes-advantage-of-melbournes-best-parks">A parkside haven: How Mirvac's The Albertine takes advantage of Melbourne's best parks</a>

[smartcode_project:default project_id=138659 project_image_fid=215870]

The all-electric building will see around 100 large-sized one, two, three and four-bedroom apartments across 15 levels.&nbsp;

Like Mirvac's portfolio, particularly across their Sydney and Melbourne projects, there's also a high level of amenity for residents.

[smartcode_project:default project_id=138659 project_image_fid=215874]

The resident facilities are split across different levels. The Circadian Club will feature an indoor pool and spa, state-of-the-art gym, yoga and Pilates studio, and sauna, while the Elysian Room on level 10 will be residents' exclusive dining space with sweeping views across Melbourne.

Mirvac's award-winning design team handled the interiors, while <a href="/architects/plus-architecture">Plus Architecture</a> created a striking facade with sweeping curves and organic forms.

Read more:&nbsp;<a href="/news/vic/mirvac-partners-with-interior-designer-brahman-perera-on-the-albertine-melbourne-apartment-development">Mirvac partners with interior designer Brahman Perera on The Albertine, Melbourne apartment development</a>

<h2>Project: The Eighth</h2>

<h3>Address: 8 Palmerston Crescent, South Melbourne VIC 3205</h3>

<h3>Developer: Projects by Crema</h3>

<a href="/developers/crema-group">Projects by Crema</a>'s recently completed <a href="/buildings/the-eighth-south-melbourne-22-kings-place-south-melbourne">The Eighth</a> is a mixed-use development between three of Melbourne's best parks and a few hundred metres to St Kilda Road.

The Eighth is in an ideal transport pocket, just off the bus stops on Park Street and the new ANZAC Station.

[smartcode_project:default project_id=5345 project_image_fid=227027]

Designed by <a href="/architects/fraser-partners-0">Elenberg Fraser</a> and <a href="/architects/rob-kennon-architects">Kennon</a>, the 18-level building is home to two levels of commercial office space, 36 high-end apartments, a resident rooftop with a swimming pool and bar, and a new holistic corporate wellbeing business taking up the whole podium level.

The Eighth offers three and four-bedroom apartments ranging from 128 to 256 sqm starting at $1.595 million, featuring an open-plan living room, modern kitchen, stone baths, and private lift access.

Read more:&nbsp;<a href="/news/vic/projects-by-crema-approach-completion-of-south-melbourne-apartment-development-the-eighth">Projects by Crema approach completion of South Melbourne apartment development, The Eighth</a>

<h2>Address: 424–426 St Kilda Road, Melbourne</h2>

<h3>Developer: GURNER™</h3>

Developer <a href="/developers/gurner">GURNER™</a> plans to create an $800 million mixed-use development on St Kilda Road after snapping up&nbsp;<a href="/new-apartments/illoura-house-424-426-st-kilda-road-melbourne">424–426 St Kilda Road</a>, a 4,651 sqm site opposite Albert Park.

The unnamed project aims to include between 160 to 180 residences with uninterrupted views over the Royal Botanic Gardens, Domain precinct, city skyline, and Albert Park Lake.

<img alt=" 424–426 St Kilda Road, Melbourne" data-entity-type="file" data-entity-uuid="fd46c1e8-dc91-4b18-ab27-1e58d9b17f7e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/424%E2%80%93426%20St%20Kilda%20Road%2C%20Melbourne.png?VersionId=aUgtSSa7RYLNWzPoxF8BGI0xlDqMk99P" />

The residences are designed for downsizers and lifestyle upsizers, focusing on wellness and lifestyle.

The plans include on-site retail that complements the prestigious location and wellness amenities to promote a healthy lifestyle among residents.

Read more:&nbsp;<a href="/news/vic/gurner-to-create-the-next-st-moritz-at-newly-acquired-st-kilda-road-melbourne-site">Gurner to create "the next St Moritz" at newly acquired St Kilda Road, Melbourne site</a>

<h2>Address: 437 St Kilda Road, Melbourne</h2>

<h3>Developer: Cbus Property</h3>

Property developer and investor <a href="/developers/cbus-property">Cbus Property</a> marks the first venture into the St Kilda Road precinct with an acquisition of a residential development site at <a href="/new-apartments/four-three-seven-by-cbus-property-437-st-kilda-road-melbourne-vic-3000">437 St Kilda Road</a>, which the company aims to bring the development to the market in 2024.

The site is described as one of Melbourne's premier undeveloped residential opportunities due to its prime location with views across Fawkner Park and proximity to the CBD, Toorak Road, South Yarra, Albert Park, and the future ANZAC Station.

<img alt="437 St Kilda Road, Melbourne" data-entity-type="file" data-entity-uuid="0c50c1d0-afe3-49e3-b4f3-74d0e1cb358d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/437%20St%20Kilda%20Road%2C%20Melbourne.png?VersionId=uG8NYo4ZKUo_Rn9wpu6jBT5GvtS0YDYo" />

The proposed development, designed by the renowned architecture firm <a href="/architects/bates-smart">Bates Smart</a>, envisions 83 apartments spread across 17 levels and will include various residential amenities such as an indoor pool, gym, residents' lounge, and private dining room.&nbsp;

The forecasted end value of the development is $350 million, and it is currently in the process of obtaining development approval from the Department of Transport and Planning.

Read more:&nbsp;<a href="/news/vic/cbus-property-set-for-first-st-kilda-road-apartment-development">Cbus Property set for first St Kilda Road apartment development</a>

<h2>Project: 333 StK</h2>

<h3>Address:&nbsp;333 St Kilda Road, St Kilda VIC 3182</h3>

<h3>Developer:&nbsp;Matrix Developments</h3>

Situated strategically on a 2,540 sqm corner site along St Kilda Road and Blanche Street, <a href="/developers/matrix-developments">Matrix Development</a>'s 333 StK offers convenience and accessibility at its core.

Boasting an excellent transit score of 81, future residents at 333 StK will be just a few metres from a tram stop, benefiting from improved access through ANZAC Station.

The <a href="/architects/rothelowman">Rothelowman</a>-designed 333 StK comprises 76 one, two and three-bedroom apartments, including two limited penthouse duplexes. They will sit above ground level which will have two retail spaces, expected to be a mini grocer and a specialty bakery cafe.

[smartcode_project:default project_id=112949 project_image_fid=252264]

Communal areas include a fully appointed private dining room, a multifunctional lounge that can serve as a media room, conference, and meeting space, a rooftop retreat with a built-in barbecue and comfortable seating areas, and a fully equipped gym exclusively for residents' use.

333 StK will also place residents in proximity to various local amenities and attractions, including St Kilda Esplanade Market, The Avenue Hospital, St Kilda Park Primary School, St Mary College, St Kilda Beach, St Kilda Botanical Garden, and Luna Park.

Construction, led by <a href="/builders/balmain-co">Balmain &amp; Co</a>, is on track for completion in Q4 2025.&nbsp;

<h2>Project: Victoriana</h2>

<h3>Address: 20 Queens Road, Melbourne VIC 3004</h3>

<h3>Developer: CDG Group</h3>

Developed by <a href="/developers/cdg-group">CDG</a> and <a href="/developers/eramount">Eramount</a>, <a href="/buildings/victoriana-melbourne-20-queens-road-melbourne">Victoriana</a> rises above one of Melbourne’s most distinguished and prominent boulevards and a major gateway to the CBD, St. Kilda Road.

St Kilda Rd has some of <a href="/developments/melbourne-vic">Melbourne</a>'s most iconic residential buildings, adjacent to Queens Road which flanks Albert Park Lake and is just a stone's throw away from the upcoming ANZAC Station.

Designed by the multi-disciplined and award-winning architectural practice, <a>Rothelowman</a>, Victoriana stands tall at 18 levels and elegantly slopes between Melbourne Central Activities district and St Kilda Junction, preserving views of the Shrine of Remembrance. This design reduces the visual impact on nearby homes and improves Queens Road's landscaping.

[smartcode_project:default project_id=1979 project_image_fid=78667]

Completed in March 2021 by <a href="/builders/hickory">Hickory</a>, Victoriana boasts 250 oversized two, three, and four-bedroom apartments, including a super penthouse occupying the entire 16th floor.

While most modern apartments feature communal swimming pools, Victoriana elevates the experience by providing residents with their very own pools.

There's a heated 25-metre indoor swimming pool, a steam room and a sauna, as well as a state-of-the-art gym, equipped with cardio and weights, a lounge and garden terrace, and services like concierge assistance, secure video intercom entry, high-speed lift access, and a porte-cochere.

ANZAC Station, situated at the corner of St Kilda Road and Domain Road, is set to be a game changer for the St Kilda Rd precinct when it opens in 2025

The best apartment developments to take advantage of St Kilda Road's new Anzac Station 

We've taken a look at which developers are set to be contributing to Melbourne's new development space in 2024

The top 11 Melbourne off the plan apartment developers to look out for in 2024

South Melbourne, one of the Melbourne's oldest suburban areas with well-preserved Victorian-era homes amidst cosmopolitan amenities, continues to evolve and revive itself into a melting pot of culture, heritage and contemporary living.&nbsp;

Nic Crema, head of <a href="/developers/crema-group">Projects by Crema</a>, wanted to bring something different to his Palmerston Crescent site, between three of Melbourne's best parks and conveniently located near St Kilda Rd.

The result is <a href="/buildings/the-eighth-south-melbourne-22-kings-place-south-melbourne">The Eighth</a>, a mixed-use development of commercial office space, 36 high-end apartments, a resident rooftop with swimming pool and bar, and a new holistic corporate wellbeing business taking up the whole of the podium level.

Designed by Elenberg Fraser and Kennon, the 18-level building has recently completed, welcoming its first residents over the Christmas break.

While South Melbourne is well known for its markets, The Eighth offers a different lens of <a href="/new-apartments/south-melbourne-vic-3205">South Melbourne</a>, while still only being a few kilometres from the hotspot which draws visitors from all across Melbourne.

The Eighth is in an ideal transport pocket, just off the bus stops on Park Street, a few hundred metres to St Kilda Road which runs in and out of the city, as well as the new Anzac Station which is expected to be a game changer for the precinct when it opens in 2025.

Convenience is at the foot of the building in the Palms Cafe and&nbsp;Beppi's Wine Bar on the ground floor. Coffee spots are plentiful nearby, with&nbsp;The Kettle Black and Albertchino Cafe just around the corner, while The Olive Tree, next door to The Eighth, is the perfect spot for seafood and steak. Another popular food option is Japanese bento at Oishii Tokyo, two minutes from the doorstep.

The Clarendon Street shopping strip, Coles, and The Clarendon Centre shopping mall are only a 15-minute walk down the road, while the famous South Melbourne Market is a 25-minute stroll away from The Eighth.&nbsp;

Homemade Donuts, Simply Spanish and other cuisine restaurants in South Melbourne's covered food market sit alongside fresh fruit and vegetable stores, butchers, seafood vendors, coffee shops, fashion boutiques, souvenir stores, and florists.

Residents can visit several sports centres, pet stores, Officeworks, salons, home goods stores, bars and eateries, knowing home at The Eighth is just a stroll away.

The Eighth offers three and four-bedroom apartments ranging from 128 to 256 sqm starting at $1.595 million, featuring an open-plan living, modern kitchen, stone baths and private lift access.

[smartcode_project_cta:default project_id=5345]

How The Eighth brings something different to South Melbourne

Since launching the redevelopment of Moonee Valley Park back in 2019, Melbourne developer Hamton has continued to transform the racecourse surroundings into a $2 billion masterplan.

With everything going on at Moonee Valley Park in <a href="/new-apartments/moonee-ponds-vic-3039">Moonee Ponds</a>, Apartments.com.au CEO Mike Bird sat down with Hamton Managing Director Matt Malseed to discuss the development.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" src="https://www.youtube.com/embed/PElObglwXRc?si=Wt4gK08_CO3PXLaH" title="YouTube video player" width="560"></iframe>

Builder ICON recently kicked off construction of the latest stage of Moonee Valley Park, <a href="/new-apartments/trackside-house-moonee-ponds-moonee-valley-racecourse-moonee-ponds">Trackside House</a>, the first building in the precinct that overlooks the track back to the city. It will also have the only units that will overlook the finishing straight.

Malseed says one of the unique features of the masterplan is that all of the buildings are spread out.&nbsp;

"It isn't just one good side and one not so good side, there's incredible aspects all around our botanical park. The vision for the precinct is for a neighbourhood within a botanical park."

[smartcode_project:default project_id=105114 project_image_fid=210517]&nbsp;

<a href="/new-apartments/trackside-house-moonee-ponds-moonee-valley-racecourse-moonee-ponds">Trackside House</a> will comprise just over 200 apartments across 11 levels.&nbsp;

Also under construction is <a href="/new-apartments/stonepine-house-at-moonee-valley-park-kenna-street-moonee-ponds">Stonepine House</a>, that includes&nbsp;119 one, two and three-bedroom units.

Both buildings will have extensive resident amenity like a rooftop pool, hobby room, state of the art gym, and private dining areas which are bookable by the resident app.

[smartcode_project:default project_id=110367 project_image_fid=199239]

<a data-saferedirecturl="https://www.google.com/url?q=https://www.urban.com.au/developers/hamton&amp;source=gmail&amp;ust=1705021977799000&amp;usg=AOvVaw0E_KxTvB4sh4R5VDysaj1S" href="/developers/hamton" target="_blank">Hamton</a>&nbsp;has worked with&nbsp;<a data-saferedirecturl="https://www.google.com/url?q=https://www.urban.com.au/architects/rothelowman&amp;source=gmail&amp;ust=1705021977799000&amp;usg=AOvVaw0Of0cUOZCUhZcA2AbzprPG" href="/architects/rothelowman" target="_blank">Rothelowman</a>&nbsp;for completed residential stages in the project. They're also working on Trackside and Stonepine House.

Cera Stribley has put plans together for the next stage of the precinct, which will be home a further 442 apartments to the growing community.

[smartcode_project_cta:default project_id=110367]

Since its launch in 2019, Hamton, a prominent Melbourne developer, has been steadily shaping the $2 billion masterplan of Moonee Valley Park. In a recent interview with Hamton's Managing Director, Matt Malseed, Urban.com.au CEO Mike Bird explores key insights for potential buyers.

Michael Bird

Everything a buyer needs to know about Moonee Valley Park: Five minutes with Hamton's Matt Malseed

U-Home Oceania is set to launch Yarra Park, a collection of townhomes in <a href="/new-townhouses/alphington-vic-3078">Melbourne's Alphington</a>, seven kilometres north-east of the city.

The three and four-level townhomes have been designed by <a href="/architects/rothelowman">Rothelowman</a> to bring a low maintenance option to <a href="/new-townhouses/alphington-vic-3078">Alphington</a>, a suburb generally starved of brand new townhouses.

There will be 109 townhouses in the release, around the corner from <a href="/new-townhouses/alphington-vic-3078">Alphington</a> Park Oval and <a href="/new-townhouses/alphington-vic-3078">Alphington</a> Bowling Club.

<img alt="Yarra Park" data-entity-type="file" data-entity-uuid="b77e5449-1a49-4bc7-a7b5-ea88cbab761f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-01-05%20at%2011.44.31%20am.png?VersionId=0f2tvlcTl.nUh_._Q9wSRxY.SK.Zaer5" />

Each residence has been designed with sustainable principles at the forefront, featuring intelligent layouts that optimise climate orientation for passive sustainability gains.&nbsp;

Inside and out, the townhomes feature a modern aesthetic, with floor-to-ceiling doors and glazing that embrace the living and dining areas connecting to balconies and terraces.

<img alt="Alphington" data-entity-type="file" data-entity-uuid="f10b00d4-4b3f-4a6a-a59b-96c538f253c0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-01-05%20at%2011.44.16%20am.png?VersionId=qcQbaTkV1KP.PV5Dupx9JvE1nU7dets6" />

The open kitchens are sleek and functional, centred around a breakfast and wine bar and surrounded by modern integrated appliances.

The ensuite bathrooms have dual vanities, a bathtub, and a generously sized shower area with floor-to-wall tiles.

<img alt="Yarra" data-entity-type="file" data-entity-uuid="e692f844-1116-452e-b9e8-618995f74cc1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-01-05%20at%2011.44.26%20am.png?VersionId=NXGIdZgXyhuhj.9Yi2ALVGMIHQ95mHsI" />

U-Home Oceania, directed by Jack Wang, has appointed Burbank Urban as the builder for Yarra Park.&nbsp;

U-Home Oceania, directed by Jack Wang, has appointed Burbank Urban as the builder for Yarra Park

Yarra Park townhomes soon to launch to Alphington market

The City of Melbourne has unanimously given the green light to a revised development application by MAB Corporation for their new <a href="/developments/docklands-vic-3008">Docklands</a> precinct, NewQuay <a href="/developments/docklands-vic-3008">Docklands</a>.

Adjacent to the <a href="/developments/docklands-vic-3008">Docklands</a> Primary School, the signed off plans for the near one-hectare development site at 396-416 Docklands Drive, which&nbsp;currently serves as a commercial car park, include a&nbsp;mixed-use precinct with five-towers comprising commercial offices, a hotel and apartments, as well as abundant retail and hospitality at street level and a 700 sqm pocket park.

The planning application has undergone a number of amendments since its inception in 1999, with community engagement playing a crucial role in shaping the proposal.

Initially the project was approved for&nbsp;just over 11,000 sqm of commercial office space and no residential or hotel components, although the recent amendment reduced the office space by 3,150 sqm to make way for a 200-room hotel and 600 dwellings.

There will be 156 studios on offer, 232 one-bedroom apartments, 203 two-beds, and just nine three-bed apartments. The towers will rise from two 20-metre podiums which will feature the hotel and resident amenity such as swimming pools and barbecue spaces.

<img alt="MAB" data-entity-type="file" data-entity-uuid="bac39fd2-ad1a-470b-805c-661102d28617" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-01-04%20at%2010.47.36%20am.png?VersionId=sn0K63jtj0PRV7M2ozwJj80k0.1iESMK" />

The City of Melbourne's planning team collaborated closely with MAB, resulting in positive design changes addressing previous concerns.&nbsp;

These changes include a 10-metre separation between towers, the removal of one tower, a reduction in maximum built-form height, revised building envelopes, a modified public park layout, and additional design principles.

Designed by ARM Architecture with Rush Wright Associates, the precinct incorporates retail and dining options within the podiums, office floor space, podium car parks, and a new 11 to 13-metre-wide pedestrian laneway connecting the school to the tram depot and New Quay Central Park.&nbsp;

<img alt="Docklands" data-entity-type="file" data-entity-uuid="4817edb8-8c38-456f-9315-1ff8a27e469b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-01-04%20at%2010.41.41%20am.png?VersionId=7MJHIhVSIsusIlyGBlEN8QNW9xlqWjfF" />

The west podium comprises three residential towers, while the east contains two, carefully considering mirroring the existing streetscape context and character.

The development is expected to deliver between 500 and 600 residential dwellings and 20,000 sqm of commercial spaces, including the possibility of a hotel.

A key feature of the project is a 700 sqm public park at the corner of Little Docklands Drive and St Mangos Lane, positioned adjacent to Docklands Primary School.&nbsp;

<img alt="Newquay" data-entity-type="file" data-entity-uuid="6d04f474-3859-43ee-bb94-b13bc62e06b4" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-01-04%20at%2010.41.58%20am.png?VersionId=py897uW3Bc65YTtEs37vx0L76Lg6w1.C" />

The pocket park, a later addition to the application, will feature seating areas, a children's play zone, a café, ramp and stair access, sandstone boulders, and bike ramp facilities.&nbsp;

The project will unfold in four stages, with the delivery of the new park scheduled for the initial phase.

The plans were endorsed by City of Melbourne councillors, with Deputy Lord Mayor Nicholas Reece praising the application and highlighting the positive impact of the pocket park on the community.&nbsp;

There will be 390 car spaces provided across the development, and 700 bicycle spaces.

The planning application has undergone a number of amendments since its inception in 1999, with community engagement playing a crucial role in shaping the proposal

MAB to bring 600 apartments to Docklands after City of Melbourne green light NewQuay Docklands

Melbourne's popular Flinders Street is set to get a rare new apartment development in the form of The Highlander, an architecturally striking tower just off the Yarra opposite the Sea Life Aquarium.

The Highlander, at <a href="/new-apartments/the-highlander-melbourne-490-flinders-street-melbourne">490 Flinders Street</a>, is being developed by Singaporean investment firm Havenport Investments, who added the adjoining site at 1-9 Highlander Lane to create enough space for the 23-level building which will home 35 apartments.

There will be a mix of two and three-bedroom apartments, some half and some full floor. The levels up to 14 will have a maximum of three apartments, while from 14 to 21 will have three-bedroom, full floor apartments.

Level 22 homes a near 300 sqm, $7.5 million penthouse with unobstructed views over the river and Southbank.

The two-bedroom apartments, which start from 82 sqm, start from just over $1 million. The three-bedrooms start from $1.3 million.

<img alt="Highlander" data-entity-type="file" data-entity-uuid="32885115-4925-444d-97a5-64ffd58419b8" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-01-04%20at%209.40.08%20am_3.png?VersionId=fmk3_0RylAF2y5qsFABELwd7ztAawldI" />

The plans also include a ground floor with a residential lobby, a cafe, retail spaces, a basement level with a car stacker for ten vehicles, bicycle parking, and site services.

Designed by Metier 3, The Highlander features a dynamic facade&nbsp; through its chamfered and patterned windows.

The interiors feature wide solid oak floors, marble countertops and oak cabinetry throughout.

The heart of each Highlander apartments is the kitchen, complete with a butler's pantry and top-of-the-range AEG and Gaggenau appliances.

<img alt="The Highlander" data-entity-type="file" data-entity-uuid="06b785ec-8894-475b-8d25-96e42e4e34e6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-01-04%20at%209.40.16%20am.png?VersionId=cou4EHA2YTCSxhPxRr9D_WsBk40hrBHC" />

Andrew Norbury, founder of Metier3, said the philosophy of The Highlander deliberately avoids maximisation.

"Instead, we approached The Highlander as an artful expression of home design-less apartments, greater homes-drawing inspiration from a time when form and function were thoughtfully woven together with empathy and purpose."

The Highlander's location at the eastern end of Flinders Street, at the edge of the Hoddle Grid, allows for&nbsp;southern views of the Yarra River and an eastern perspective of Melbourne's Gardens. It's also just a stones throw from Southern Cross Station.

Castran Gilbert is marketing the project. They already have a number of reservations.

First look: Inside the new Flinders Street apartment development, The Highlander

First home buyers started to reemerge in the off the plan apartment development space in Q4 2023, off the back of consecutive rate holds by the RBA.

While rates went up again in November, it's expected rates are almost at the peak, and the Big Four banks are anticipating the next rate move will be a cut.

We've dug into our data and looked at the top five most popular <a href="/developments/melbourne-vic">Melbourne</a> suburb in Q4 2023.

<h2>Melbourne CBD</h2>

<a href="/developments/melbourne-vic">Melbourne CBD</a> remains a top choice for first-home buyers.

Boasting many amenities, including world-class dining, cultural institutions, and efficient public transport, the CBD continues attracting young professionals and urban enthusiasts alike.&nbsp;

The recently completed $1 billion West Side Place development by developer Far East Consortium has become a hotspot for both first home buyers and investors.

[smartcode_project:default project_id=1270 project_image_fid=217064]

Comprising four towers, including the prestigious Ritz-Carlton and Dorsett Hotels, the development features various apartment configurations starting at $550,600.&nbsp;

Residents can enjoy various amenities, including a swimming pool, gymnasium, function rooms, open terraces, cinema, and on-site retail arcades.

Located within the coveted University High School Zone, the development is just a short walk from the Yarra River, Flagstaff Gardens, Southern Cross Station, and the Free Tram Zone.&nbsp;

Another popular project is Brady Group's <a href="/buildings/380-melbourne-380-lonsdale-street-melbourne">380 Melbourne</a>, located on Lonsdale Street.&nbsp;

[smartcode_project:default project_id=2064 project_image_fid=210636]

Designed by <a href="/architects/fraser-partners-0">Elenberg Fraser,</a> the twin-tower project offers one, two, and three-bedroom apartments starting from $570,000.&nbsp;

The 65-level towers include 300 hotel suites and a retail and cafe arcade connected to the public domain through a unique low-lying podium.&nbsp;

Resident amenities at 380 Melbourne encompass a lounge, games room, private cinema, karaoke room, steam rooms, sauna, rooftop garden, heated lap pool, and outdoor terrace with barbecue facilities.

<h2>Southbank</h2>

Nestled along the Yarra River, <a href="/developments/southbank-vic-3006">Southbank</a> has solidified its status as a vibrant and modern residential hub.&nbsp;

Soutbank's proximity to the CBD and the thriving arts and entertainment scene position it as an appealing option for first-home buyers seeking a cosmopolitan lifestyle.&nbsp;

The abundance of waterfront promenades, recreational spaces, and dining options further enhances the neighbourhood's charm.

One of the most popular projects in the suburb on the Urban website this year is Central Equity's FOCUS Melbourne, with its recent win at the 2023 HIA-CSR Victorian Housing Awards.

[smartcode_project:default project_id=3260 project_image_fid=206125]

FOCUS won the Victoria Apartment Complex Award (over $20 million), while Central Equity was Victoria's most awarded apartment developer.

The $450 million FOCUS offers a move-in-ready option in the heart of <a href="/developments/southbank-vic-3006">Southbank</a>.

The development has proved popular among locals who want to remain near the city while enjoying a neighbourhood feel.

[smartcode_project:default project_id=3260 project_image_fid=206134]

The 50-level building comprises one, two, and three-bedroom apartments, strategically placing residents near the arts precinct and its upcoming $1.7 billion revamp, just over two kilometres from the CBD.&nbsp;

FOCUS distinguishes itself with resort-style amenities, including a 17-seat luxe theatre, indoor heated pool, sauna, gym, and landscaped terraces with barbecues.&nbsp;

<h2>Brunswick</h2>

Known for its eclectic atmosphere and diverse community, Brunswick has carved a niche as a haven for the culturally inclined. Trendy cafes, local markets, and green spaces complement the suburb's artistic flair.&nbsp;

As the trend of prioritising lifestyle and community connectivity grows, Brunswick stands out as an ideal choice for first-home buyers seeking a balance between cultural richness and affordability.

[smartcode_project:default project_id=4802 project_image_fid=217137]

Experiencing significant gentrification in recent decades, Brunswick attracts young professionals, artists, and families who value a vibrant and eclectic lifestyle. ASX-listed developer Mirvac recognised the area's allure, choosing it as the location for their project, Prince &amp; Parade.

Designed by Bates Smart and landscaping by Jack Merlo, Prince &amp; Parade comprises 166 one, two, three, and four-bedroom apartments. Cleverly oriented to maximise park views, the development rises to nine levels on the north side facing Brunswick Road and five on the south side facing Park Street.

Situated across from Princes Park, a 39-hectare oasis of greenery, walking paths, sports grounds, and playgrounds, Prince &amp; Parade seamlessly blends urban sophistication with natural tranquillity.&nbsp;

[smartcode_project:default project_id=4802 project_image_fid=217119]

The development's location offers its residents convenient access to culinary delights, vibrant cultural scenes, and educational institutions, including Princes Hill Secondary School, <a href="/developments/melbourne-vic">Melbourne</a> University, and RMIT.

The fully electric building features a residents' lounge, dining room, rooftop terrace with panoramic views of <a href="/developments/melbourne-vic">Melbourne</a>, a library, and a wellness studio.

Construction of Prince &amp; Parade is scheduled to commence in early 2024, promising a unique living experience that combines modern amenities with the charm of Brunswick's cultural and natural surroundings.

<h2>Moonee Ponds</h2>

Moonee Ponds offers a suburban sanctuary near the CBD's northwest without compromising accessibility.

Home to beautiful parks, reputable schools, and a welcoming community vibe, Moonee Ponds caters to those desiring a more serene living experience.&nbsp;

The suburb's well-connected public transport options, including trams and trains, ensure residents can easily navigate the city while enjoying the tranquillity of suburban life.

[smartcode_project:default project_id=105114 project_image_fid=210517]

At the heart of Moonee Ponds is Hamton's Moonee Valley Park, a 20-hectare precinct just six kilometres from the CBD.&nbsp;

Within this dynamic development, Trackside House is a unique residential building, offering approximately 86 residences with views of the finishing straight at the iconic Moonee Valley Racecourse.&nbsp;

The 11-storey building, designed by Rothelowman in collaboration with Carr interior experts, includes a range of residences from grand three and four-bedroom options to more affordable one-bedroom units starting at $565,000.

As the fourth stage in the precinct's redevelopment, Trackside House benefits from a diverse range of eateries, retailers, and 20 hectares of open space and gardens. Various amenities, including playgrounds, sporting fields, and running tracks, enhance the community experience.&nbsp;

Another successful development by Hamton in Moonee Valley Park is Stonepine House, achieving over 80 per cent of sales within 11 weeks of its launch.&nbsp;

[smartcode_project:default project_id=110367 project_image_fid=199209]

Offering exclusivity within the thriving community, Stonepine House features two and three-bedroom residences starting at $650,000.

Both Trackside House and Stonepine House are designed to complement the surrounding 20 hectares of greenery and are expected to be completed in mid-2025, contributing to the evolving landscape of Moonee Ponds.

<h2>Malvern</h2>

Renowned for its leafy streets and grand architecture, Malvern has long been a sought-after address for buyers seeking an upscale residential experience.&nbsp;

While often associated with a more established demographic, the suburb has witnessed an increasing interest from first-home buyers drawn to its classic charm and proximity to amenities.&nbsp;

Malvern's harmonious blend of heritage and contemporary living makes it an appealing choice for those entering the property market.

Kokoda Property's Malvern Collective was one of Urban's most popular projects <a href="/developments/melbourne-vic">Melbourne-wide</a> across the whole of 2023.

[smartcode_project:default project_id=12457 project_image_fid=217233]

Malvern Collective is envisioned as a 0-minute neighbourhood at 2 Station Place, an even more convenient community than the standard 15-minute neighbourhood.

The project comprises 205 one to three-bedroom apartments spread across two striking glass buildings above a vibrant hospitality precinct. Future residents will have every convenience at their doorstep, including a Woolworths Metro, six hospitality venues, and an easy commute to the city.

The popularity of Malvern Collective's apartments among owner-occupiers is attributed to the unique proposition, thoughtful design, and superior concierge service reminiscent of a high-end hotel managed through a dedicated residents' app.&nbsp;

[smartcode_project:default project_id=12457 project_image_fid=217246]

Exclusive amenities within the project include a co-working space, cinema, swimming pool, wellness centre with hot and cold plunge pools, and a private dining area.

Malvern Collective is on track for completion in Q1 2024.

We've dug into our data and looked at the top five most popular Melbourne suburb in Q4 2023

Melbourne’s top 5 most popular suburbs for first home buyers on Urban in Q4 2023

Diversified Melbourne developer Giancorp Property Group has launched its latest residential project.

Fresh off completing Penny Lane in Moonee Ponds, the&nbsp;George Giannarelli founded developer has ventured further east to Alphington where they've just revealed Park Avenue, a collection of 73 apartments and townhouses at&nbsp;700 Heidelberg Road,

Designed by Marchese Partners, Park Avenue’s classic architectural design and finishes complement the surrounding streetscape in style and scale.

Each residence is meticulously planned to maximise views and facilitate comfortable living. The homes feature a harmonious blend of timeless architecture, expansive interiors, and elevated park and river views.

<img alt="Park Avenue" data-entity-type="file" data-entity-uuid="ab78ed2a-4d29-4428-adfc-3aee88301e61" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-12-21%20at%201.09.51%20pm.png?VersionId=fdoVYXyzviO14EPmU7s8PhYMV40AbNiM" />

Floor-to-ceiling windows enhance warm and inviting interiors, framing panoramic park views that stretch toward the river. The interiors seamlessly extend to the oversized balcony or terrace, providing an ideal private space for dining, entertaining, and relaxation.

The beautifully appointed and spacious kitchen showcases natural stone as the focal point, complemented by a generous island bench, premium appliances, and well-thought-out streamlined storage. Larger apartments offer the option for a butler’s pantry and dedicated study space.

Prospective homeowners can choose between a light or dark scheme for their residence.

Standout amenities will elevate residents' lifestyle and experience at Park Avenue.&nbsp;

<img alt="Park Avenue" data-entity-type="file" data-entity-uuid="f425b381-7453-47bd-bd11-4cb9e0dc7e41" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-12-21%20at%201.11.21%20pm.png?VersionId=133.BLD8BGYJR5WLArkiSqHPe73KoO0g" />

Residents can host the perfect party in the residents’ lounge, which can be reserved exclusively for their event. Residents can prepare everything they need with a fully equipped kitchen, while the large dining table and cosy couches provide seating to suit all guests.

Meanwhile, the communal dining area is ideal for outdoor entertaining, with alfresco seating and a barbecue area framed by pretty pergolas and lush greenery.

Residents will also enjoy round-the-clock access to the dedicated gym, with various machines, free weights, and open space for post-workout activities.

<img alt="Park Avenue Residences" data-entity-type="file" data-entity-uuid="84dbba77-d90a-4eee-9f39-ce3480b0ed1b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-12-21%20at%201.12.01%20pm.png?VersionId=3xaMF_1kHLhuDqWtZnxCmW1cI37N1wUC" />

Giancorp is targeting an average energy rating of 7.1 stars for Park Avenue, showcasing a commitment to environmentally conscious initiatives. Features include double-glazing and cross-ventilation design, CO monitoring, EV charging points, rainwater storage, high-efficiency LED lighting, 5-star cooling systems, and 26kW of PV on the roof.

Construction will also prioritise low VOC, PVC, and formaldehyde building products and recycle over 80 per cent of construction waste.

Park Avenue is just 6.5 km north-east of Melbourne’s CBD and only moments from parklands, wetlands and the Yarra River.&nbsp;

Alphington Station, a convenient five-minute walk away, provides simple access to the CBD, complemented by easy access to the Eastern Freeway and the Main Yarra Trail for cyclists.

Apartments range from $475,000 to $1,895,000.

Park Avenue is just 6.5 km north-east of Melbourne’s CBD and only moments from parklands, wetlands and the Yarra River

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