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

Joel Robinson

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

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

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

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

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

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

ALTA Property to deliver $200 million Queens Road apartment tower

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

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

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

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

Every First Home Owner Grant for new property by state

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

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

Staff Writer

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

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

alisonwarters@gmail.com

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

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

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

Wanda Terraces, developer Platinum's residential development of only 24 apartments in the heart of Caulfield North, will rise from its Hawthorn Road location by early 2025.

Wanda Terraces has 24 two and three-bedroom apartments starting from a generous 90 sqm, ranging in size to 262 sqm. Each apartment has two bathrooms and two secure parking spaces.

[smartcode_project:default project_id=112388 project_image_fid=208645]

Inspired by the heritage and distinct character of Caulfield North's tree-lined streets, architectural practice Ewert Leaf merges classic and contemporary architectural elements and materials into an understated façade wrapped in textural elements of raw concrete, natural timber and metal accents draped in lush, cascading greenery.

"We have created a unique sense of luxury in one of Melbourne’s most desirable locations," said Ewert Leaf Director&nbsp;Cathryn Tattersall, while Will Leaf said the aim was to create a collection of homes with a point of difference and exclusivity.

Inside the Wanda Terraces apartments, residents will enjoy bespoke detailing and refined fittings, fixtures and finishes - pale oak flooring and textured stone surfaces - and cutting-edge home technology like biometric finger access and an app-enabled video intercom.&nbsp;

[smartcode_project:default project_id=112388 project_image_fid=208647]

The apartments have an open floor layout where the oversized living, designer kitchen and dining area open into expansive private ground-floor courtyards or elevated terraces. These outdoor spaces overlook established gardens and the lush expanse of Caulfield Park.

Wanda Terraces also boast electronic parcel lockers, electric car charging stations, number plate recognition and car and dog washing amenities.

Beyond the walls of Wanda Terraces, Malvern Central, Glenferrie Road Shopping Precinct, and High Street Shopping Village are only a five-minute car ride north from the property.&nbsp;

[smartcode_project:default project_id=112388 project_image_fid=208651]

Caulfield Park, the North Caulfield Medical Centre and several international cuisine restaurants, local grocers, bistros and bakery cafes can be found along the Hawthorn Road and Balaclava Road intersection south of the property.

For those who crave the sand and surf, the beach suburbs of St Kilda and Elwood are a quick 15-minute drive from the property.

With a tram stop right at the property's doorstep and Malvern Train Station just 500 metres away, commuting eight kilometres southeast to the CBD or exploring neighbouring suburbs has never been more accessible.

[smartcode_project_cta:default project_id=112388]

"We have created a unique sense of luxury in one of Melbourne’s most desirable locations," said Ewert Leaf Director Cathryn Tattersall

mikah.m@urban.com.au

"Aiming to create a point of difference and exclusivity": Inside Caulfield North's Wanda Terraces

Melbourne unit value growth again outstripped houses for the fourth time in five months, according to CoreLogic's monthly Home Value Index.

Units, which incorporates both apartments and townhouses, saw values rise by 0.7 per cent over October, compared to 0.4 per cent for houses.

Over 2023 Melbourne unit values are now 3.7 per cent higher than they were at the start of the year, with the new median unit value now $615,000.

The housing market growth has tapered off since it turned a corner earlier this year. Sydney and Melbourne led the property market rebound, driven by low listing. Their growth has slowed the most however due to an increased level of supply most evident heading into spring and summer.

Where there's still a significant shortage in supply is in the off the plan apartment market, with developers continuing to battle the challenges of construction costs and the increased cost of land.

<h1>What's happening in the Melbourne off the plan market?</h1>

The aforementioned supply issue is still a critical issue in Melbourne, and looks like it will be for some time. There were a handful of projects go live o\ver October, but not enough to keep up with projected population forecasts.

Projects by Buxton Director Heath Thompson said the lack of supply is driving interest in stock which at one time or another has been overlooked.

“We’ve seen that residual stock is now starting to sell easily," Thompson says.

"Apartments that had been on the market for an extended period, having at one time, when supply was better, been viewed as being either expensive, compromised in outlook, or the floorpan wasn’t right, now an attractive purchase, given the lack of supply on the market."

Thompson is marketing Martin Brighton, a new boutique apartment development in Melbourne's Bayside. He's just sold a two-bedroom apartments to a Sydney investor, site unseen.

[smartcode_project:default project_id=5495 project_image_fid=220683]

Thompson says Martin ticks the right boxes in the off the plan apartment market at the moment.

"The project is under construction, with a timeframe in which people can start to prepare for their next move. The move in date of early next year means those downsizers can start to look at selling their house and what their next move looks like. It's a little easier when the building is six months away from completion compared with a few years ago. The stage of which construction is at is also particularly attractive in the current climate. There's certainty the project will complete, and that's worth its weight in gold."

On the Sydney buyer, Thompson says the buyer was particularly attracted to the longer term capital growth Brighton, and in particular Martin, represents," Thompson says.

"Martin sits in a niche pocket where you don't have to win the lottery to afford one of the apartments, but nor is it typical investor-grade, first home buyer stock. It sits in the middle tier, and suits the downsizer who doesn't have, or doesn't want to spend, $3 million plus, which the majority of new apartments in Brighton cost."

[smartcode_project:default project_id=5495 project_image_fid=190763]

Thompson has also seen renewed interest in a penthouse he's been marketing for a while, also in Brighton.

"A penthouse in Brighton we’ve been marketing has had no activity for months, but in the last week we’ve had three inspections for it.

No issues with interest rate rises at the moment as Thompson's main buyer demographic at the moment is downsizers.

Noorden Property agent David Lamond is seeing buyers cautiously await the RBA news, and the timing of the hike hasn't helped.

"It just speeds up the Christmas break for prospective buyers," Lamond says, where typically sales don't tend to occur. He says there will still be enquiry, but their timeline to purchase won't be until well into the new year once they've seen evidence of the RBA's willingness to hold rates for a prolonged period.

Lamond recently launched Marlu, a collection of just four townhouses in Hampton.

[smartcode_project:default project_id=140140 project_image_fid=219622]

In a similar fashion to Thompson's Martin, Marlu bridges a gap, in this instance between a grand $5 million plus mansion and an apartment.

"The project resonates with those not wanting to downsize fully to an apartment, but don't want the maintenance of a large family home."

Lamond forecasts that August 2024 will be a key month where developers will start to be able to put their foot on the gas once more after a few years of status quo, which will help the Melbourne supply issues.

"When looking at the supply pipeline for buyers, developers are starting to look at site acquisitions in the new year, with the view that by August, a few current challenges in the build space might tip in their favour.

"Trades are expected to start running out of work, and they won’t be able to command exorbitant prices like they are now, and materials, while not coming down, will start to at least plateau which will make it easier for a developer to accurately price a project."

Where there's still a significant shortage in supply is in the off the plan apartment market, with developers continuing to battle the challenges of construction costs and the increased cost of land.

City Beat October 2023: Buyer activity improves in Melbourne's off the plan apartment market

Lucent Group has launched a new sustainable townhouse collection in Melbourne's inner-city suburb Northcote.

Lucent Group, led by Founder and Managing Director&nbsp;Panos Miltiadou, secured the 6,131 sqm site at 84-96 Bastings Street, located in the family-friendly Westgarth neighbourhood near Johnson Park, in 2021.

Since then they've been putting together plans for Bastings, just&nbsp;47 townhouses designed by Melbourne architecture firm Kavellaris Urban Design (KUD).

[smartcode_project:default project_id=134979 project_image_fid=231078]

The townhouses offer a mix of configurations, with two, three and four-bedrooms on offer across either two or three-levels.&nbsp;

Prices for the townhouses range&nbsp;from $1.38 million to $2.4 million.

Arranged in four rows on either side of a pedestrian boulevard off Bastings Street, one of the area's historic residential streets, all 47 townhomes are north-south aligned, with north-facing secluded private courtyards. Those along the fourth row also enjoy sweeping views of the city.

[smartcode_project:default project_id=134979 project_image_fid=231064]

Bastings Community is committed to achieving Operational Carbon Neutrality for at least a decade.&nbsp;Carbon neutrality means&nbsp;having a balance between emitting carbon and absorbing carbon from the atmosphere in carbon sinks.

KUD have ensured that Bastings is centred on creating a sustainable home and lifestyle for its future residents.

Sustainably sourced, environmentally responsible materials predominate throughout the two distinct interior schemes.

Each townhouse is equipped with a private lockable basement garage that offers up to 30 sqm of multipurpose space, along with provisions for hydronic heating and individual electric vehicle chargers.&nbsp;

[smartcode_project:default project_id=134979 project_image_fid=231075]

Maximised natural light access and cross-flow ventilation, as well as a minimum of six rooftop solar panels, are some of Bastings' key sustainable features.&nbsp;

Every other aspect of this sustainable design encourages connection, embraces individuality, and contributes in a meaningful way to its setting.

The development has a large centralised communal open space piazza to build a community amongst the residents.

Lucent's portfolio consists of mostly sold-out apartments across Melbourne. They've previously had success in Northcote's neighbouring Brunswick East, where they are currently construction the sold-out, 69-residence Stewart Collective.

Some of Lucent's other developments include boutique townhouse collections No. 121 Chomley Street in Prahran and the under-construction Slate House in Brighton.

[smartcode_project_cta:default project_id=134979]

Bastings comprises just 47 townhouses designed by Melbourne architecture firm Kavellaris Urban Design (KUD).

Lucent Group launch Northcote townhouse community, Bastings Street

Just two apartments remain in Beulah's completed <a href="/developments/camberwell-vic-3124">Camberwell apartment development</a>, <a href="/buildings/890-toorak-road-camberwell">Provenance</a>.

The Elenberg Fraser-designed <a href="/buildings/890-toorak-road-camberwell">Provenance</a> comprises ten house-sized residences and two luxury penthouses set over three levels and surrounded by Openwork's landscaping.

The three-storey building will include elements from Elenberg Fraser’s groundbreaking new format for residential living, The New Standard.&nbsp;

"Provenance is a project that will shift your expectations and understanding of what it is to live in a multi-residential building, now and into the future," Callum Fraser said.

[smartcode_project:default project_id=9099 project_image_fid=217666]

Revolutionising apartment living, Elenberg Fraser’s The New Standard is dedicated to standardising and continuously improving a high-quality, ultra-sustainable design for multi-residential living—starting with a building's entry configuration.

Already considerable in size, each <a href="/buildings/890-toorak-road-camberwell">Provenance</a> residence will feature this new wave of technology, bringing the privacy and security of a single-dwelling home into the multi-residential realm.&nbsp;

Beginning with the entrance, a direct lift seamlessly transports residents to their homes, directly opening into a private micro lobby, removing the need to navigate a public lobby or corridor.

The Micro Lobby is a transitional space with a lockable door to the apartments. For the security-conscious or the frequent traveller, it offers a safe delivery space, a storage area and a coat or shoe cupboard.&nbsp;

[smartcode_project:default project_id=9099 project_image_fid=217661]

In the event of a complete failure of the security system or electrical failure, the deadlocks on the door are activated and will keep the apartment safe and secure.

Grand in scale, residents will be welcomed to their apartments by an open living and dining space.&nbsp;

The heart of the home, a house-sized kitchen, is centred by a sculptural island bench and furnished with a suite of Gaggenau appliances and ample storage.

The bedrooms have an ensuite and walk-in-robe giving every member of the family the space they deserve.

[smartcode_project:default project_id=9099 project_image_fid=217669]

Floor-to-ceiling windows and doors open up, allowing indoor entertainment spaces to flow seamlessly into the spacious north-facing terraces and private balconies overlooking vistas of the surrounding landscaped gardens and the Toorak Road streetscape.

Less than 15 minutes walking distance from <a href="/buildings/890-toorak-road-camberwell">Provenance</a> is the Tooronga Shopping Centre and Anderson Park, while the CBD is only a 15-minute car ride.&nbsp;

[smartcode_project_cta:default project_id=9099]

The three-storey building will include elements from Elenberg Fraser’s groundbreaking new format for residential living, The New Standard

Final two apartments at Beulah's completed Provenance Camberwell apartment development

Design-driven developer <a href="/developers/neometro">Neometro</a> has revealed its latest project.

Their luxury <a href="/developments/south-yarra-vic-3141">South Yarra apartment development</a>, <a href="/new-apartments/49-walsh-street-south-yarra-49-walsh-street-south-yarra">49 Walsh Street</a>, has just 10 two, three and four-bedroom apartments within the heart of Melbourne’s iconic Domain Precinct bordering the Royal Botanic Gardens, the Tan, the Yarra River and the CBD.

This historically significant part of the city boasts some of Melbourne's most iconic architecture. MORQ, the design firm behind <a href="/new-apartments/49-walsh-street-south-yarra-49-walsh-street-south-yarra">49 Walsh Street</a>, aimed to harmonise the development with its historic surroundings with a design that is grounded in timeless architectural principles.

[smartcode_project:default project_id=141589 project_image_fid=229317]

“We strive to design buildings that stand outside of time, untethered to any singular era, style or place," MORQ Director Andrea Quagliola said.

"Buildings that get this right can’t be reduced to a movement, fashion or label. There’s a sense of restrained monumentality in their simplicity that feels eternal."

The development, marking Neometro’s most high-end work to date, draws inspiration from natural light, geometry, and materiality.

[smartcode_project:default project_id=141589 project_image_fid=229320]

The ground-floor apartments provide a sense of seclusion and a strong connection to nature, featuring private courtyards with abundant greenery, two bedrooms and private entrances.

On levels one and two, enveloped by a canopy of trees and bathed in dappled light, the apartments include spacious main bedrooms, butler's kitchens and dedicated entry halls.

All apartments have generous living areas, well-appointed kitchens, laundry areas, and outdoor cooking and dining spaces.

MORQ's work is distinguished by a deep connection to Rome's historical heritage and an appreciation for its enduring European architectural design adapted to a modern Australian context.

[smartcode_project:default project_id=141589 project_image_fid=229323]

Residents at <a href="/new-apartments/49-walsh-street-south-yarra-49-walsh-street-south-yarra">49 Walsh Street</a> will enjoy a well-rounded and convenient lifestyle, surrounded by natural beauty like the Royal Botanic Gardens, Yarra River, Fawkner Park, and Albert Park Lake. Urban amenities, such as the restaurants and cafes that line Toorak Rd, <a href="/developments/south-yarra-vic-3141">South Yarra</a> Station, and The Como Centre Shopping Mall, are within a 20-minute walk from the property.

This project marks MORQ's first multi-residential project in Melbourne. The majority of their portfolio comprises luxury houses in Italy, earning them numerous awards and international recognition.&nbsp;

Their Floeat, Perth house, Cloister House, received the Marshall Clifton Award for Residential Architecture at the WA Institute of Architecture Awards in 2019. Additionally, a house they designed in Noosa secured the Building of the Year award at the 2015 Sunshine Coast Regional Architecture Awards by the Australian Institute of Architects.

<a href="/developers/neometro">Neometro</a> have been at the forefront of forward-thinking development since 1985 when they were founded by Jeff Provan and Barry Ludlow, who from the outset had a focus on providing striking new apartment developments across Melbourne.

Apartments at <a href="/new-apartments/49-walsh-street-south-yarra-49-walsh-street-south-yarra">49 Walsh Street</a> start at $3.975 million, with an estimated completion date set for July 2025.

[smartcode_project_cta:default project_id=141589]

“We strive to design buildings that stand outside of time, untethered to any singular era, style or place," MORQ Director Andrea Quagliola said

Neometro reveal luxury South Yarra apartment development, 49 Walsh Street

Boutique Melbourne residential developer Gestalt is introducing a collection of modern three-level townhouses in <a href="/developments/kew-vic-3101">Kew</a>.&nbsp;

<a href="/new-apartments/clyde-street-kew-733-high-street-kew">Clyde Street</a> presents three apartments and 11 house-sized townhouses with various floor plans designed to cater to the different life stages of its future residents.

Each townhouse comprises three bedrooms, two bathrooms, two living spaces, a car garage, and a storage room – as well as all the shopping, dining, education and transport advantages of this coveted location at its door.

Read more:&nbsp;<a href="/news/vic/striking-kew-east-townhouses-clyde-street-launch">Striking Kew East townhouses Clyde Street launch</a>

[smartcode_project:default project_id=139984 project_image_fid=212839]

<a href="/new-apartments/clyde-street-kew-733-high-street-kew">Clyde Street</a> is conveniently located within walking distance of a tram stop at the corner of High Street, providing easy access to <a href="/developments/kew-vic-3101">Kew</a> Junction, Richmond, and the CBD, just fifteen minutes away.

Whether walking, driving or commuting by tram, Clyde Street is ideally placed to access the best of East Kew, its neighbouring suburbs and connections to the inner city.

Residents will also have easy connectivity by car with the Eastern Freeway close by and by bike along the Main Yarra Trail.

Heritage architecture and neighbourhood cafés, bars and restaurants dot the landscape. The closest options include Gilbert's, Kuche and The Bean Thief Cafe.

[smartcode_project:default project_id=139984 project_image_fid=212840]

Harp Village is only a four-minute walk for shopping and groceries, while the nearest Coles in Balwyn North is only a three-minute drive from Clyde Street.&nbsp;

Within a one-kilometre radius of the property, residents can find outdoor spaces for picnics, hiking, and sports. Stradbroke Park, including a playground and off-leash area, is a 15-minute walk east of Clyde Street, while the Anniversary Trail and Victoria Park are just 10 minutes from the site.

Further north across the Eastern Freeway is the Yarra River, the <a href="/developments/kew-vic-3101">Kew</a> East Tennis Club, Hays Paddock and <a href="/developments/kew-vic-3101">Kew</a> Golf Club.

[smartcode_project:default project_id=139984 project_image_fid=212849]

Given Kew's reputation for hosting some of the country's top schools, this project will likely attract family buyers. St Anne's School, Kew East Primary School and Kew High School are less than 500 metres from Clyde Street.

Jellis Craig Projects Director Stephen Bowtell says the townhomes offer everything a buyer could want, with a flexible floor plan for both families and downsizers to use as they wish.

"It ticks all the boxes. The convenience of dual living, a study, and multiple living areas. Clyde Street offers it all."

The development is scheduled for completion in January 2025.

Read more:&nbsp;<a href="/news/vic/the-architecture-has-grabbed-the-market-how-ma-architects-designed-kews-clyde-street-development">"The architecture has grabbed the market": How MA Architects designed Kew's Clyde Street development</a>

[smartcode_project_cta:default project_id=139984]

Clyde Street presents three apartments and 11 house-sized townhouses with various floor plans designed to cater to the different life stages of its future residents

How Clyde St townhouses fit into Kew's high street lifestyle

Leading Australian property developer <a href="/developers/mirvac">Mirvac</a> has opened the first stage of its sporting precinct&nbsp;at its 465-hectare <a href="/new-townhouses/evergreen-collection-townhouses-olivine-by-mirvac-donnybrook">Olivine masterplanned community in Donnybrook</a>.

Delivered in partnership with the City of Whittlesea, who will manage and operate the facility, the first stage of Olivine’s sporting precinct, to be known as Olivine Recreation Reserve, was officially unveiled in October, providing state-of-the-art amenity for the fast-growing neighbourhood in Melbourne’s north.

As part of Stage 1, local residents can now utilise the $4.5 million Sports and Community Pavilion, as well as netball and futsal courts, cricket nets, dog park, barbecue areas and a playground. Mirvac is working closely with the City of Whittlesea to deliver Stage 2 of the Sporting Precinct which will include two ovals, anticipated to commence construction in the coming months.

Read more:&nbsp;<a href="/news/vic/how-mirvac-is-improving-the-lifestyle-of-residents-of-the-donnybrook-community-olivine">How Mirvac is improving the lifestyle of residents of the Donnybrook community, Olivine</a>

Mirvac’s General Manager of Residential Victoria, Elysa Anderson, explains that the highly anticipated facilities are part of Mirvac’s commitment to developing sustainable communities that drive social connectivity and a healthy lifestyle.

“Mirvac is passionate about reimagining urban life in Melbourne’s North and we are proud to deliver the first stage of Olivine’s Sporting Precinct, in partnership with the City of Whittlesea, for the 1,600 residents now living at Olivine, as well as the wider community,” Anderson said.

[smartcode_project:default project_id=134733 project_image_fid=205834]

“The new Sports Precinct is an important part of community building for Olivine’s growing neighbourhood and the surrounding areas, and we hope it provides a new destination and home for local sports teams and community groups, allowing residents to connect with family and friends and enjoy an active lifestyle.”

At the heart of Olivine’s Sporting Precinct is the Sports and Community Pavilion designed by Canvas which features two wings connected by an archway, providing a viewing area, shade, shelter and seating for the two future ovals and neighbouring amenities.

The northern wing will feature a multi- purpose community area, while the southern wing will include change rooms and amenities for the cricket nets, netball courts and future AFL ovals. Each building is fully electric, with solar panels sized to provide 100 percent of the expected average daytime use of the facilities.

<img alt="Mirvac" data-entity-type="file" data-entity-uuid="a1f22bf6-6662-4bd6-a3a6-54dfc0847ffa" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-11-01%20at%2010.39.12%20am.png?VersionId=18bhdQVdYDXni8SZ4VUNnQ.E0crgWHTJ" />

An internal shared path network connects the Sports and Community Pavilion with the other amenities, including fitness stations, respite areas and a fenced, off leash dog park. The dog park features open clearings of over 50 metres in length, ‘airlock gates’ for additional safety and a shaded area for dog owners to congregate.

Through the centre of Olivine’s Sporting Precinct is a grove of 200-year-old red river gum trees which have inspired the landscaping completed by landscape architects MDGLA. Indigenous and native tree species have been planted throughout the Sporting Precinct, including a range of shrubs and tufting plants that are drought tolerant and allow for visibility across the precinct.

The facilities join a range of existing amenity at Olivine, including Olivine Place, Shared Cup social enterprise café and Gumnut Park &amp; Adventure Playground. They also join Olivine’s world class Education Precinct which includes Hume Anglican Grammar’s Donnybrook campus, Donnybrook Primary School, Eucalyptus Parade Kindergarten and Wallaby Childcare Donnybrook.

Mirvac has also submitted a planning permit application for the future Local Town Centre, with the City of Whittlesea following resident consultation. Mirvac is aspiring to bring a mixed retail offering to the new town centre, including two supermarkets, dine in and takeaway restaurants and personal care and medical services.

Upon completion, Olivine will comprise in excess of 4,000 lots and will be home to around 11,000 residents with 120-hectares of land dedicated to open space and conservation.

[smartcode_project_cta:default project_id=134733]

Upon completion, Olivine will comprise in excess of 4,000 lots and will be home to around 11,000 residents with 120-hectares of land dedicated to open space and conservation

Mirvac continue Olivine, Donnybrook masterplan development with new sporting precinct

<a href="/developers/icd-property">ICD Property</a> has completed their soaring Melbourne apartment development, <a href="/buildings/aspire-melbourne-301-king-st-melbourne">Aspire</a>.

Construction giant Hickory recently completed 208-metre high tower comprises 565 apartments, sub-penthouses and penthouses to the Melbourne market, a market which Colliers Tim Storey says has evolved in recent times.&nbsp;

“The <a href="/developments/melbourne-vic">Melbourne CBD apartment market</a> has evolved in response to both the strong growth of the overall city as well as the increasing attraction of the CBD which offers unique lifestyle appeal especially to the fast-growing cohorts of young professionals and university students,” Storey said.&nbsp;

[smartcode_project:default project_id=2575 project_image_fid=79462]

Only a handful of one, two and three-bedroom residences are remaining in the development.

<a href="/buildings/aspire-melbourne-301-king-st-melbourne">Aspire Melbourne</a> stands as a testament to sophistication and international recognition. In 2021, it clinched three International Property Awards, including 'Residential High-Rise Development in Australia,' 'Best Residential High-Rise Architecture in Asia Pacific,' and '5-Star Best Residential High-Rise Architecture in Australia.'

The project is a result of the collaborative efforts of ICD Property in partnership with MaxCap Group, backed by global financial powerhouse Goldman Sachs, and designed by the award-winning architects at Elenberg Fraser.

Read more:&nbsp;<a href="/expert-insights/buying/elenberg-fraser-up-for-awards-for-melbournes-premier-tower-and-perths-world-first-timber-tower-c6">Elenberg Fraser up for awards for Melbourne's Premier Tower and Perth's world first timber tower, C6</a>

[smartcode_project:default project_id=2575 project_image_fid=79454]

At its core, <a href="/buildings/aspire-melbourne-301-king-st-melbourne">Aspire Melbourne</a> is a haven of world-class amenities, offering residents an enticing blend of entertainment, natural beauty, and pure indulgence right at their doorstep. The development boasts uninterrupted views of the nearby Flagstaff Gardens, the Docklands waterfront, and the <a href="/developments/melbourne-vic">Melbourne CBD</a>.

Elevating the experience further are the luxurious upper-level apartments, known as the Aspire Residences, a creation of the internationally renowned architect David Hicks, famed for his work on penthouse apartments in New York, opulent homes in Palm Springs, LA, and celebrity retreats in Dubai.

Read more:&nbsp;"<a href="/news/vic/the-brief-was-to-design-the-best-residences-in-the-world-how-david-hicks-designed-icds-aspire-melbourne-penthouse-collection">The brief was to design the best residences in the world": How David Hicks designed ICD's Aspire Melbourne penthouse collection</a>

ICD Property's commitment to sustainability resonates deeply within the <a href="/buildings/aspire-melbourne-301-king-st-melbourne">Aspire Melbourne</a> project. Earth-friendly components have been thoughtfully woven into the development's design, aligning with the mission to decarbonise the city.

Rooftop solar installation allows residents to harness renewable energy, while electric vehicle car-sharing options have been incorporated to alleviate CBD traffic congestion and reduce reliance on fossil fuels.

[smartcode_project_cta:default project_id=2575]

Only a handful of one, two and three-bedroom residences are remaining in the development

ICD Property complete Aspire Melbourne apartment development

Respected developer Bensons Property Group wanted to bring something different to the eclectic suburb of Prahran with their newest apartment development, TEN CECIL.

TEN CECIL is a limited edition of 11 two and three-bedroom boutique apartments starting from just under $2 million.

Designed by the acclaimed Fender Katsalidis, TEN CECIL's façade pays homage to the unique cosmopolitan charm of Prahran, an inner suburb five kilometres southeast of Melbourne CBD.&nbsp;

[smartcode_project:default project_id=4667 project_image_fid=207545]

The exterior design features striking black and gold linear accents against concrete and glass, creating a contemporary masterpiece with an elegant and opulent ambience.

Upon entering TEN CECIL's discreet entrance from the quiet 10-16 Cecil Place street front, a private lobby adorned with marble and ceramic feature walls will welcome the residents home.

The luxury apartments, designed by SORA Interior Design, will be finished and furnished with European oak flooring, stone benchtops, Miele appliances, a gas fireplace by ESCEA, and state-of-the-art video and audio security, while large floor-to-ceiling window walls will frame views of the Prahran, South Yarra and CBD skyline.

[smartcode_project:default project_id=4667 project_image_fid=207529]

On TEN CECIL's common areas, residents can enjoy a carefully curated art collection featuring 22 pieces of artwork by prominent Australasian artists such as David Bromley, Freddie Timms, Mark Schaller, and Jasper Knight.

Outside of TEN CECIL, residents will have easy access to many Southeast Asian restaurants, cafes, food markets, stylish bars and late-night clubs thanks to the property's central location.

Chapel Street is less than 100 metres from TEN CECIL, where many retail and culinary options line the street. Some of the highly-rated bars and restaurants around the area include Yoku Ono Ramen, Death or Glory bar, Kin Vietnamese, Namak Indian Restaurant, and The Silverlake Social.

[smartcode_project:default project_id=4667 project_image_fid=207538]

For grocery shopping, residents are spoiled for choice, with major retail chains like Coles, Woolworths, ALDI, and the Prahran Food Market with diverse cafes, all conveniently close to each other.

Families with young children will appreciate the excellent schools surrounding TEN CECIL, including Windsor Primary School and Prahran High School, within a one-kilometre radius of the property.

Commuters are close to public transport, with Tram routes 6 and 78 providing easy access to Melbourne CBD and other key destinations.

When it's time to unwind, Princes Gardens, Prahran Skatepark, and the Malvern Road Playground offer residents nearby escapes from the urban hustle and bustle, all within walking distance.

Ten Cecil is slated for completion in late 2024.

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TEN CECIL is a limited edition of 11 two and three-bedroom boutique apartments starting from just under $2 million

Ten Cecil: At the centre of Melbourne's trendy Prahran

Balancing culture with the coastal rhythms and expansive horizon line of Port Phillip Bay, Gamuda Land is set to launch a collection of modern, light-filled apartments in St Kilda.

Potential homebuyers will have an exclusive pre-launch opportunity for Fareham, featuring two and three-bedroom Bayview apartments starting at $875,000.

These apartments have been thoughtfully designed by the award-winning local architecture and interior design studio, BayleyWard. Their approach perfectly harmonises work, leisure, and a cosmopolitan lifestyle with nature in this development.

Setting itself apart within the apartment landscape, Fareham offers family-oriented spatial arrangements, expansive outlooks, enduring materials and timeless design gestures.&nbsp;

The development features prominent Environmental Sustainable Design by HIP V. HYPE such as a rooftop solar system for renewable energy, optimised glazing, and ventilation. Fareham proudly holds a 7.5 Star NatHERS rating.

Fareham is just a 16-minute walk from Windsor Railway Station, which connects to Melbourne CBD, just six kilometres away.

Residents will also enjoy proximity to St Kilda Beach, Fitzroy Street restaurants, Acland Street shops, and Albert Park Lake. A 13-minute tram ride or an 18-minute walk will take them to the vibrant Chapel Street strip, renowned for its bars and culinary offerings.

Gamuda Land, with a track record of over two decades in crafting townships in Malaysia and the region, has committed to delivering 1,000 new Australian homes over the next five years.&nbsp;

Gamuda Land's latest development currently available is The Canopy on Normanby. Crema Constructions has been appointed as the developer for this 20-level apartment project, which is now under construction.

The 30-level 661 Chapel Street stands as one of their completed apartment developments in South Yarra, with ready-to-move-in units still available.

Fareham is anticipated to reach completion in the fourth quarter of 2025.

[smartcode_project_cta:default project_id=137950]

Potential homebuyers will have an exclusive pre-launch opportunity for Fareham, featuring two and three-bedroom Bayview apartments starting at $875,000

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