<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?

Urban Develop has launched Burnley Maltings, a collection of new heritage terraces townhouses which will be developed as an&nbsp;adaptive reuse of the heritage-protected landmark building Barrett &amp; Burston Maltings in Burnley.

Over the years, the landmark building has undergone numerous transformations, evolving from Terry's Burnley Brewery in the late 1800s into the recently vacated Barrett &amp; Burston Maltings.

Today, it stands on the precipice of another remarkable transformation as Burnley Maltings takes centre stage.&nbsp;

<img alt="Burnley" data-entity-type="file" data-entity-uuid="e02681c8-3e84-4e8e-86b8-959dd61ad698" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-11-14%20at%203.03.22%20pm.png?VersionId=_e1mi2Vb.CkepDkcZuD0eQRQBXr0eQGC" />

Burnley Maltings comprises only 37 two and three-bedroom heritage and contemporary townhouses with a rooftop terrace overlooking uninterrupted views of the Yarra River, the CBD skyline, and glimpses of Melbourne's prestigious mansions along Alexandra Parade, South Yarra, and St Georges Road, Toorak.

The townhouses will surround the iconic Burnley heritage silos and a lush, green courtyard landscaped by the renowned Jack Merlo.

The architectural vision for this project is to acknowledge and celebrate the site's heritage while ushering in a new chapter of its storied existence.

<img alt="Burnley" data-entity-type="file" data-entity-uuid="8cdf47bb-82ee-4cb6-b764-de8abe5d5ce7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-11-14%20at%203.03.29%20pm.png?VersionId=cgj3P37kiigVboV43MChj8SXwlPpugj." />

Inspired by Burnley's urban, industrial, landscape, and residential heritage, Freadman White Architects integrated the heritage-protected grain silos and iconic facades on Gibdon Street and the Monash Freeway into the new architectural design, artfully modernised with contemporary elements such as large windows and vertical louvres.

Spanning an impressive 3,568 sqm, the Barrett &amp; Co Maltings site is only four kilometres from the CBD, at the centre of inner-city amenities, roads and parks and boasts extensive panoramic views—highly appealing attributes to prospective buyers in the Melbourne market.

<img alt="Burnley" data-entity-type="file" data-entity-uuid="e4d17258-e1ac-46ec-a3cd-0d90036215bb" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-11-14%20at%203.03.39%20pm.png?VersionId=Ekfn8fOZHNE1uANwQPeT3opbUobdzPwl" />

Colliers agent Peter Bremner says it's probably one of the largest undeveloped titles in Burnley. It offers impressive views of the CBD skyline from higher levels and provides good panoramic views in all directions.

The Burnley Maltings Display, housed in the old caretaker's quarters, provides a compelling insight into how the project will marry contemporary living with historical preservation. Every aspect, from signage to display items, has been thoughtfully curated to align with strict heritage overlays, ensuring that the rich history of this site is revered and celebrated.

Burnley Maltings comprises only 37 two and three-bedroom heritage and contemporary townhouses with a rooftop terrace overlooking uninterrupted views of the Yarra River and the CBD skyline

Urban Develop launch Burnley Maltings

Builder developer Buildkomm has officially launched GENOA Residence in Moorabbin, only a few months before construction is set to conclude.

GENOA Residence comprises 33 one, two and three-bedroom apartments across a five-level, low-rise building, located in the heart of the Bayside's neighbourhoods lively retail centre.

The new development, designed by BK World, offers various apartment sizes and layouts which will likely cater to both young professionals and families. Families will be particularly interested in the project given it's just two streets away from Southmoor Primary School.

[smartcode_project:default project_id=137028 project_image_fid=226734]

&nbsp;

Each unit features a gourmet kitchen with integrated Fisher &amp; Paykel appliances, modern tapware and tiling in the bathrooms, split system heating and cooling and video intercom systems. Each apartment also has a balcony which flows from the open plan living area.

Both the Highett and Moorabbin Train Stations are within a 30-minute walk from the Genoa Street project, while there's extensive bus services on South Road and the Nepean Highway.

&nbsp;

Residents however won't have to go far for local amenity.&nbsp;GENOA Residence is ideally located a stone's throw from the local village which has a Woolworths supermarket and a number of cafes and restaurants. Southland Shopping Centre is also just a seven-minute drive.

[smartcode_project:default project_id=137028 project_image_fid=226939]

GENOA Residence is located within close proximity to the Woolworths supermarket, Moorabbin train station, local village shopping, major arterial roads, Southland Shopping Centre, and the expansive Bricker Reserve.

Residents will also be just down the road from Bricker Reserve, which has sports grounds, a&nbsp;sporting pavilion, two playgrounds,&nbsp;landscaped gardens,&nbsp;outdoor exercise equipment and an off-leash dog area.

&nbsp;

These apartments are expected to be fully completed and ready for occupancy by November of this year. Potential buyers can take advantage of the current stamp duty rules and regulations before construction completes.

[smartcode_project_cta:default project_id=137028]

The new development, designed by BK World, offers various apartment sizes and layouts which will likely cater to both young professionals and families

Buildkomm launches GENOA Residence in Moorabbin ahead of Christmas completion

Sutton Street, a highly anticipated collection of 12 custom-designed residences, are set to launch in Kooyong, one of Melbourne's most prestigious suburbs.

Autron Property are behind the&nbsp;development, which has been designed in a collaboration between IMA Architects and Studio Lancini.

Family-owned and operated Krongold Construction has already started the build on the site at 6 Sutton Street. The project will comprise&nbsp;a mix of one, two and three-bedroom apartments, along with two heritage townhomes.&nbsp;

[smartcode_project:default project_id=135535 project_image_fid=206565]

Set in a leafy and secluded location, Sutton Street has been designed to reflect the natural beauty and timeless quality of the suburb, with the residences paying homage to the heritage character of Kooyong.&nbsp;

The interiors feature high-quality fixtures and fittings, including marble benchtops, limestone bathroom tiles, and Gaggenau appliances, with each boasting an abundance of natural light throughout, thanks to floor-to-ceiling glazing, along with well-appointed ensuites and bathrooms, which utilise natural materials and clean lines.&nbsp;

Sustainability was at the forefront of the design, with the development achieving a 6-Star NatHERS rating due to the double glazed windows, energy-efficient appliances and fixtures, as well as a passive solar design which contributes to minimising energy consumption and the site's carbon footprint.&nbsp;

Located in Melbourne's prestigious eastern suburbs and sharing the same postcode as Toorak, Kooyong is a hidden gem filled with amenities, opportunities, and rich history. Known for its leafy streets and tightly held real estate, this suburb is a sought-after destination for discerning buyers.

[smartcode_project:default project_id=135535 project_image_fid=206564]

At the heart of Kooyong lies the iconic Kooyong Lawn Tennis Club, a world-renowned sporting venue that has hosted numerous international tournaments over the past century.

But Kooyong is much more than just a sporting destination, with a plethora of delectable dining options, fashionable shopping destinations, and other lifestyle venues, residents of Sutton Street will enjoy a lifestyle that is second to none.

Residents will be within easy reach of a number of transport options as well, including trains and trams, providing easy access to the CBD and surrounding suburbs.&nbsp;

[smartcode_project_cta:default project_id=135535]

Autron Property are behind the development, which has been designed in a collaboration between IMA Architects and Studio Lancini

Sutton Street: Bespoke residences in the heart of Kooyong

Diversified developer Damgar Property Group has launched its latest residential apartment development Rosella, in Melbourne's south-eastern suburb&nbsp;Murrumbeena.

Rosella is a collection of 70 one, two, and three-bedroom apartments starting at $520,000.

The seven-level building, in the heart of&nbsp;Murrumbeena village, includes six commercial tenancies, a communal rooftop terrace and gardens with views of the Melbourne skyline.

Designed by Cera Stribley, Rosellas’ rough-cast concrete, dark terrazzo, and warm copper accents façade with its arched expression, reflects the fluidity of the adjacent underpasses at Hughesdale Station. The interplay of materials and tones masterfully distinguishes the ground-level podium from the tower.

Within the apartments, gracefully curved walls echo the exterior's arched expression. Each unit features a shared, open floor plan from the kitchen to the terrace.&nbsp;

Rosella's Miele-appointed kitchens are the heart of the home, featuring expansive stone surfaces, convex cupboard pulls, and gun-metal tapware.

The bathrooms are simplistic yet ultramodern with their minimalist palette, oversized wall tiles stretching from floor to ceiling, and bespoke joinery providing concealed storage solutions.

Rosella enjoys convenient access to Murrumbeena Park and playground, schools, public transportation, and cuisine restaurants.&nbsp;

Residents can reach Hughesdale Train Station in just one minute and less than half an hour from Melbourne's CBD.

The project is set for completion in September 2025.

[smartcode_project_cta:default project_id=142221]

The seven-level building includes six commercial tenancies, a communal rooftop terrace and gardens with views of the Melbourne skyline

Damgar Property Group launch Murrumbeena apartment development, Rosella

Set against the backdrop of the Yarra River, Como Terraces stands as a testament to the harmonious relationship between architecture and nature.

Developed by Cbus Property in a joint venture with Sterling Global, the unique project comprises eight intricately designed buildings that cascade down the steep topography of Como Hill in South Yarra.

Design practices Carr and TCL has effortlessly melded the project with its surroundings, born out of a deep appreciation for its once-in-a-lifetime site and a commitment to preserving the natural beauty that envelops it.

The emerging form is imbedded deep amongst lush native and exotic landscapes, enlivening the structures through a measured calmness in the process.

"Como Terraces is a project that truly responds to its site and context," said David Brooks, Associate Director at Carr.

"The site's topography presented a dramatic shift in levels, with a steep drop of 26 metres down to the Yarra River. Our challenge was to create a design that would coexist harmoniously with this unique landscape."

[smartcode_project:default project_id=112238 project_image_fid=208348]

Inspired by the site's dramatic topography, the architects conceived the idea of "central steps" – a pedestrian route that winds through the entire site. The eight buildings, presented almost like individual homes, collectively house 39 two, three, and four-bedroom apartments. Pathways meandering through native plantings connect these buildings to amenity spaces, private courtyards, and parking levels, enhancing the sense of community and connectivity within Como Terraces.

The layout of the eight buildings was planned to follow the site's natural contours, solar orientation, and viewpoints. At first glance, their placement may appear random, but it is, in fact, a deliberate response to the site's unique features.

"The lower level buildings are positioned orthogonally to the bend of the river, while the second tier of built form angles to provide unobstructed views and privacy," Brooks explained.

"This thoughtful arrangement minimises overlooking, both within the development and toward neighbouring properties."

The choice of materials plays a pivotal role in Como Terraces' integration with its natural surroundings. Textured concrete, varying in treatments and tones, helps the buildings blend seamlessly into the landscape, giving the impression that they have emerged from the hill itself.

[smartcode_project:default project_id=112238 project_image_fid=208340]

Luxury meets nature in the form of communal amenities and spacious residences. Private dining and lounge spaces foster a sense of community, while large balconies provide residents with breathtaking views of the Yarra River and the Melbourne CBD.

"Understanding the needs of future residents was crucial," Brooks said. "Each residence is spacious, allowing for entertaining, and the landscaping minimises any sense of compromise for those downsizing."

Como Terraces reimagines the traditional South Yarra Terrace home as a gallery-like space that affords residents stunning views upon entry. Its distinctive design approach and deep connection with nature set it apart from other developments.

The collaboration between Carr and TCL, the landscape architects, was pivotal in achieving Como Terraces' seamless integration into the natural environment. Lisa Howard, Director at TCL, emphasises the importance of preserving the site's indigenous vegetation and history.

"We wanted to nestle the built form into the steep slope of the landscape," she said. "The landscape was to be the dominant element, immersed within it and respecting the river frontage and Como Park."

[smartcode_project:default project_id=112238 project_image_fid=208347]

One of Como Terraces' unique features is the inverse experience it offers.

"The meandering journey element is atypical, and it's quite distinct," Brooks added. "As you explore the site, the buildings reveal themselves strategically, providing a unique and ever-changing perspective." This approach, inspired by adjacent heritage apartment buildings, adds a contemporary twist to the landscape.

Como Terraces embodies balance in every aspect. From its soft and sensitive approach to materials, earthy tones, and textures that echo the natural context, to its role as a backdrop to the surrounding landscape.

"It's all about being a backdrop to the landscape," Brooks said. "No lavish overlaying – it is about the beautiful finishes and framed views of the outside, blurring the lines. It is about the experience of calm."

[smartcode_project_cta:default project_id=112238]

Design practices Carr and TCL has effortlessly melded the project with its surroundings, born out of a deep appreciation for its once-in-a-lifetime site and a commitment to preserving the natural beauty that envelops it

When architecture meets nature: How Como Terraces seamlessly blends into its Yarra River landscape

Geelong's first apartment launch in a number of years has gone off with a bang.

Developer DM Property Group has secured 35 per cent of sales at its new Geelong apartment development, Motif Geelong. The sales came first from a VIP launch held earlier in the month, and then a public launch a week later.

RPM Group Projects Director Nic Cuni says the sales is a testament to the collaborating between DM Property, JV partner Icon Developments, as well as the&nbsp;exceptional architectural design by Rothelowman.

[smartcode_project:default project_id=136615 project_image_fid=222939]

The project lent itself to a mix of buyers, which is what Cuni has seen already.

"The most prominent buyers were first home buyers, predominantly female professionals who work in the area and want the safety and securing of an apartment. They want to be in the heart of the action, going to the local restaurants and the growing lifestyle precinct. They're not wanting to leave the city to buy a house and land package outside of Geelong."

Cuni says the other biggest demographic was local downsizers.

"They're downsizing from their suburban home into an apartment which is bringing them closer to Geelong and everything the city offers."&nbsp;

Local investors, who have seen the growth in Geelong in recent years and believe there's still signifcant upside when it comes to price growth, also bought in, as did a couple of interstate investors.

Motif has 129 one and two-bedroom apartments across its five-levels.

[smartcode_project:default project_id=136615 project_image_fid=222935]

Motif is fossil fuel-free, and the electricity consumption is offset by significant solar paneling, making it a 7-Star NAThers-rated building.

Cuni says the location, paired with the rarity of a new apartment development in Geelong, was a major factor in the sales success.

Motif is ideally located at 1 York Street on the fringe of the CBD, just a stones throw from&nbsp;Pakington&nbsp;Street's cafes, restaurants and bars, and the Little Malop Street precinct, home to The Geelong Library and Heritage Centre, the most striking piece of architecture in town,&nbsp;while all being one street away from the water.

"This really ticks all the boxes for so many people. The location is unbeatable, so close to amenity, the beach, and just a 10-minute walk into the heart of the city. Then there's&nbsp;<a href="/architects/rothelowman" target="_blank">Rothelowman</a>, who are one of the best collaborators in the game."

DM Property was founded by property development experts&nbsp;Brendan Mullan and David Dordevic. Their first development was Early 3191, a collection of townhouses in the heart of Sandringham. That was another in which they had Rothelowman pull together the designs for the 35 townhomes.

[smartcode_project_cta:default project_id=136615]

RPM Group Projects Director Nic Cuni says the sales is a testament to the collaborating between DM Property, JV partner Icon Developments, as well as the exceptional architectural design by Rothelowman

Motif Geelong apartment sales rocket on launch

Off the plan buyers rarely get the opportunity to take advantage of stamp duty savings on a completed apartment.

However that opportunity has presented itself at Omnia, the recently completed apartment development in Moorabbin in Melbourne's City of Kingston area.

While the 34 apartments have been completed, titles are a few weeks away from being registered, which means prospective purchasers are still subject to stamp duty concessions as if the apartment is off the plan.

Buyers can save around $28,000 on stamp duty if they buy the apartment before titles are issued, while first home buyers could save up to around $50,000.&nbsp;

[smartcode_project:default project_id=29048 project_image_fid=228840]

The development by Shenfield Property Group was designed by Roger Brayshaw Architect so the apartments were larger than anything on the market in the local area.

There's just one two-bedroom and one three-bedroom apartment remaining. The two-bedroom, spanning over 200 sqm with two car spaces, is asking $925,000, while the three-bedroom apartment is priced at $1.15 million.

[smartcode_project_cta:default project_id=29048]

It's been around an 18-month build at Omnia. Construction kicked off on the project in early 2022.

Noorden Property Director David Lamond, who has been in charge of sales at Omnia since it launched, said almost all of the buyers in the project have been owner-occupiers due&nbsp;to the larger than standard floorplans on offer.

Some buyers have even bought side by side apartments and amalgamated.

[smartcode_project:default project_id=29048 project_image_fid=228840]

There was also a boost halfway through the marketing when the&nbsp;City of Kingston Council announced they were to expand&nbsp;the current&nbsp;Healey Street Reserve pocket park to a larger space, after recently securing 2 Horscroft Place, literally next door to Omnia.

The new green space features open lawn areas, murals, tables with seating, and extensive landscaping with canopy trees. The new design&nbsp;incorporates water-sensitive Urban design principles&nbsp;and will also see the council plant new street trees.

[smartcode_project_cta:default project_id=29048]

The development by Shenfield Property Group was designed by Roger Brayshaw Architect so the apartments were larger than anything on the market in the local area

Final opportunities for stamp duty savings at Omnia, Moorabbin apartments

Melbourne, often lauded as the world's most liveable city by The Economist, continues to captivate with its rich culture, top-notch education, healthcare, and unmatched infrastructure.

At the heart of the vibrant city, the Shakespeare Group has recently pulled the curtain off its latest striking apartment development, St Boulevard. The completed development, situated along the iconic St Kilda Road, puts residents at the epicentre of Melbourne's charm, offering an abundance of world-class amenities within easy reach.

[smartcode_project:default project_id=1260 project_image_fid=177635]

St Boulevard's strategic location ensures that residents have a world of convenience at their doorstep. Whether you're an art aficionado, a parent seeking excellent education options, a food lover, or someone who relishes green spaces and cultural experiences, St Boulevard has something for everyone.

Melbourne, known as Australia's garden city, boasts an abundance of green spaces, and St Boulevard is nestled amidst some of the most celebrated ones. The Royal Botanical Gardens, Albert Park Lake, and Fawkner Park provide a serene escape for nature lovers and offer a breath of fresh air right in the heart of the city.

One of the highlights of St Boulevard's location is its proximity to Melbourne's Arts Precinct. A short stroll down St Kilda Road brings residents to the heart of this cultural hub. The National Gallery of Victoria (NGV) and the Australian Centre for Contemporary Art (ACCA) are just a stone's throw away, while&nbsp;The Shrine of Remembrance, Hamer Hall/Arts Centre and Malthouse Theatre are also just minutes away.&nbsp;

[smartcode_project:default project_id=1260 project_image_fid=177673]

Residents of St Boulevard will never have a dull moment, with some of Melbourne's best cultural and entertainment venues close by. These venues host acclaimed Australian and international performances, ensuring that you can enjoy world-class entertainment without the hassle of a long commute.

One of the most significant advantages of living at St Boulevard is its proximity to outstanding educational institutions. A short tram ride into the city provides access to some of the top-ranking universities in Australia, if not the world. This ensures that both young and mature learners have ample opportunities for academic growth.&nbsp;St Boulevard is close to esteemed schools like Wesley College, Melbourne Grammar, Mac.Robertson Girls’ High, Melbourne Girls Grammar, South Yarra Primary, Christ Church Grammar, and Fawkner Park Child Centre &amp; Kindergarten.

[smartcode_project:default project_id=1260 project_image_fid=177964]

Foodies will delight in the plethora of dining options surrounding St Boulevard. From The Press Club and The Kettle Black to Entrecote and Bistro Gitan, the culinary scene is diverse and delightful. Prahran Market, Prahran Hotel, and South Melbourne Market are culinary meccas for those who enjoy fresh produce and artisanal treats. Living at St Boulevard means you'll have the best of Melbourne's dining scene right at your doorstep.

Shopaholics will revel in the nearby retail therapy options. Melbourne Central, Emporium, and luxury boutiques like Chanel and Louis Vuitton on Collins Street offer a shopping paradise. The bustling Bourke Street Mall and fashion-forward H&amp;M are also just a short distance away.

For those who value an active lifestyle, St Boulevard provides easy access to sporting and recreational facilities. Tennis enthusiasts can enjoy Tennis World Albert Reserve and Fawkner Park Tennis Court, while golfers can tee off at the Albert Park Golf Course. Genesis Fitness also provides a modern and well-equipped gym nearby.

[smartcode_project_cta:default project_id=1260]

The completed development, situated along the iconic St Kilda Road, puts residents at the epicentre of Melbourne's charm, offering an abundance of world-class amenities within easy reach

St Boulevard: Melbourne's premier urban oasis on St Kilda Road

The&nbsp;exclusive hotel-branded residences, Seafarers, has experienced strong buyer demand since its inception.&nbsp;

Developed by Riverlee, the $550 million Flinders Street development is nearing a sell-out, with only a handful of residences remaining in the Fender Katsalidis, Oculus, Carr and ODO-designed 19-storey tower.

The landmark development heralds a new era of luxury riverfront living, with the five-star amenity and services of the world’s leading sustainable luxury hotel, 1 Hotels, at its centre. The precinct will feature a luxurious lobby lounge bar, world-class event venue and meeting spaces, a state-of-the-art health centre, food and beverage offerings, and a 3,500 sqm landscaped haven, known as Seafarers Rest.

[smartcode_project:default project_id=27728 project_image_fid=173913]

Centred on an inspired reimagining of the heritage-protected Goods Shed No.5, Seafarers has brought in its fair share of downsizers, looking to capitalise on not only the project's Docklands location, but also its array of amenities, including Australia’s first 1 Hotels property.&nbsp;&nbsp;&nbsp;

That's exactly what captured the attention of frequent global traveller Martin Storm. As someone who has become well acquainted with many of the best hotel brands in the world, its the sustainable luxury offerings at 1 Hotels that keep him coming back.

“Not only is 1 Hotels a fabulous product in the market, but combining it with spacious custom apartments is the best of both worlds,” Storm said.

Storm loves the offering so much he has purchased multiple properties at Seafarers, and has even encouraged his family and friends to take up the unique residential opportunity.

[smartcode_project:default project_id=27728 project_image_fid=173935]

"We have enjoyed the earthy stylings of 1 Hotels overseas and love the idea of constantly experiencing this lifestyle of convenience while living in a luxurious private apartment with custom facilities," he said.

"We wanted all of our family to enjoy this extraordinary property experience with us, so we have bought extra properties for them. Friends have subsequently done the same. I can see us all being together in this lovely environment, enjoying all its services and assets, as well as the city’s offerings."

Storm and his wife live in a home further along the Yarra River, so the environment was nothing new to them, and its something they really appreciated.&nbsp;

"Not only does Seafarers offer us even better proximity to the city, but having unhampered access to the facilities of a world-class hotel means it will really embody the very best of high-end apartment living. The brilliant architecture of Nonda Katsalidis and the Fender Katsalidis team also makes it very special."

"The fact that Melbourne is the first choice for the 1 Hotels and Riverlee partnership is wonderful for our home city. Not only is 1 Hotels a fabulous product in the market, but combining it with spacious custom apartments means it transforms into the best of both worlds."

[smartcode_project:default project_id=27728 project_image_fid=173929]

It's not the first time Storm has experienced something like this before, with him noting the Mandarin Oriental and Four Seasons brands, but he says it's 1 Hotels eco-friendly design that sets them apart.&nbsp;

"I know that 1 Hotels operates in the same orbit. Its advantage, however, and what personally resonates with me, is its organic, eco-friendly, and design-sensitive environment. Sometimes I feel like I am entering an enchanted forest when I enter a 1 Hotels property," he said.&nbsp;

Having purchased multiple properties at Seafarers, Storm also encouraged his friends and family to do the same.

[smartcode_project_cta:default project_id=27728]

The landmark development heralds a new era of luxury riverfront living, with the five-star amenity and services of the world’s leading sustainable luxury hotel, 1 Hotels, at its centre

Why buyers are choosing the $550m Docklands apartment development, Seafarers 

As one of Melbourne's fastest-growing suburbs, one would be mistaken to be in the heart of the CBD with the new high-rise towers being developed in Box Hill.

The suburb is going through a huge development phase, and investment and price growth go hand in hand.

The latest mixed-use tower to be built in Box Hill is Prospect Box Hill by R&amp;F Property Australia. They had Hayball design the 25-level tower of 194 apartments and commercial and retail tenancies on Prospect Street, an ideal location for residents due to its connectivity.

[smartcode_project:default project_id=3516 project_image_fid=218879]

Located less than 50 metres from the Box Hill train station and the 109 Tram line, commuting from Prospect to Melbourne's CBD and neighbouring suburbs has never been more convenient.

Food and shopping enthusiasts will find themselves in paradise here, as a fantastic array of Asian restaurants and grocery stores, specialty shops, and the famous Box Hill Fresh Food Marketplace are all located within Box Hill Central Shopping Centre, just a short stroll from Prospect.

Xu Dumpling, the Korean hot pot at Shabu Guksu, Bowltiful's savoury halal Lanzhou beef noodles, and bubble tea from Milk Flower are some of the highest-rated options for Asian cuisine and drinks in the shopping centre.

[smartcode_project:default project_id=3516 project_image_fid=208284]

Away from the busy Box Hill Central, the suburb offers charming pockets to walk around and explore, like the areas around Albion Rd and Surrey Park with their leafy, tree-lined streets and charming classic homes that harken back to a bygone era.&nbsp;

Nearby parks like Box Hill Gardens and Surrey Park also provide a refreshing escape for residents seeking respite from city life.&nbsp;

Other suburban amenities surrounding the property include Box Hill Hospital, Box Hill Library, and nearby schools.&nbsp;

[smartcode_project:default project_id=3516 project_image_fid=208281]

Several public and private schools are located within one kilometre from Prospect, with the nearest options including St. Francis Xavier's School, Box Hill Senior Secondary College, Kingswood College and Our Lady of Sion College.

Prospect Box Hill currently offers exclusive limited-time incentives for potential buyers who sign a contract by December 1, 2023. Buyers can take advantage of a 10 per cent discount for units below level 15, a settlement bonus, or a $3,650 rebate.

[smartcode_project_cta:default project_id=3516]

The suburb is going through a huge development phase, and investment and price growth go hand in hand

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