<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>

Want to find out more? <a href="https://www.youtube.com/@UrbanAustralia?utm_source=YouTube&amp;utm_medium=Video&amp;utm_campaign=Subscribe&amp;utm_id=Subscribe">Subscribe to our YouTube channel</a> for more property videos.

Ellen Walker

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

Australian developer Golden Age Group has received&nbsp;council approval for its residential <a href="/new-townhouses/wembley-hill-15-hay-street-box-hill-south">Wembley Hill</a> project in Box Hill South and on a site in excess of 50,000 sqm, is one of the most significant developments within the booming suburb.

Formerly home to Hays International College, 15 Hay Street is positioned next to Wembley Park, Box Hill Soccer Club, Box Hill Golf Club and the Gardiners Creek Trail.

In collaboration with COX Architecture, Golden Age has developed a residential masterplan that will see the delivery of 143 townhomes and provide almost half of the site as dedicated green space.

[smartcode_project:default project_id=104627 project_image_fid=222320]

Golden Age aims to create a development that supports and future-proofs an inclusive, sustainable and multi-generational living for its residents. The development addresses its suburban and natural context sensitively, proudly celebrating its neighbourhood and enhancing its natural landscape.

The townhomes, with interiors by leading interior designer MIM design, will range in size from three-bedroom to four-bedroom with two colour schemes available.

[smartcode_project:default project_id=104627 project_image_fid=222322]

Golden Age Founder Jeff Xu said <a href="/new-townhouses/wembley-hill-15-hay-street-box-hill-south">Wembley Hill</a>&nbsp;puts families and the community at heart.

“We have spent considerable time researching and understanding what the Box Hill community needs and wants and we appreciate the economic diversity of Melbourne’s east, which is why this project will not only provide beautifully designed townhomes but will provide a space for the community celebrating intergenerational living.

“We will deliver an array of residential amenities, complemented by gardens and playgrounds in a secure neighbourhood that is ideal for raising families. It will be a highly connected site, where residents can enjoy generous walking paths along the Gardiner Creek Trail.”

[smartcode_project:default project_id=104627 project_image_fid=222343]

The site’s tree-lined boulevards will draw residents in and connect all homes in a carefully curated community, with landscaped pathways and green links making the site highly accessible and welcoming for residents. Over 13,000 sqm of the site is dedicated to green open space for families, for exercise and immersion in the natural surroundings.

With a focus on sustainability, all residences will enjoy and benefit from a range of energy-saving design initiatives such as energy-efficient heating and cooling, filtered rainwater connection to irrigation and utilities, rooftop solar panels and the provision for fast EV charging. 
 
[smartcode_project_cta:default project_id=104627]

In collaboration with COX Architecture, Golden Age has developed a residential masterplan that will see the delivery of 143 townhomes and provide almost half of the site as dedicated green space

Golden Age secure approval for Wembley Hill, Box Hill South townhouse development

High-end developer <a href="/developers/orchard-piper">Orchard Piper</a> has appointed Cobild to construct their mixed-use apartment and office building Toorak Village, after securing a number of sales at the premium project on the corner of Mathoura and Toorak Road.

The $120 million development, designed by Kerry Hill Architects, has already seen over $60 million in office and apartment sales.

Works have commenced on site at&nbsp;109 Mathoura Road and 420-426 Toorak Road, where the 400 sqm penthouse has already sold for $12.5 million.

Kay &amp; Burton Director Andrew Sahhar said the project is receiving continued interest with Stonnington locals who are looking to secure a coveted and rare opportunity on one of the most recognisable corners of the Village.

“In a market plagued with scarcity, there are limited offerings for buyers in the area, with a very restricted supply outlook," Sahhar says.

"We’re seeing interest from a range of buyers, who have become attracted to the revitalisation of the Village, which is being restored into an exciting high street once again thanks to the emergence of quality nearby development and new A-grade retail and hospitality outlets."

<img alt="Orchard Piper" data-entity-type="file" data-entity-uuid="f74c0fae-e661-4259-b509-da45f2d9af1c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-10-17%20at%204.36.31%20pm.png?VersionId=4JQMjyGmIi6Vr67nQiiBh35zOClKbPiG" />

Four apartments have been sold prior to public advertising, which Sahhar says is testament to the name <a href="/developers/orchard-piper">Orchard Piper</a> has built for itself in the luxury market.

"This combined with the attraction of an international architect like KHA, who are renowned for their ultra-luxury hotel designs, is creating further interest from interstate and international buyers.”

Toorak Village comprises just nine apartments, all with private lobbies, a resident gym, and a concierge. Each apartments has a minimum three bedrooms and three bathrooms, as well as multiple living spaces. There's just two apartments per floor.

In just seven weeks, 60 per cent of the project’s limited three-floor office spaces have also been sold by Colliers, with the latest sale, a 126m2 suite, fetching $2.3 million; setting a new city fringe and suburban record, with a record strata office building rate of $18,250 per sqm.

The commencement of construction for the Toorak Village project is occurring concurrently with the City of Stonnington’s streetscape upgrades between Wallace Avenue and Grange Road. These works are well underway, with new art projects, footpaths, greenery and lighting to be introduced to elevate the Village back to former glory.

Alongside streetscape upgrades, the project adds to the recently completed St Germain building, located up the road at 495-505 Toorak Rd, which features a Coles Local, Cecconi’s and boutique retail offerings below a premium office building.

The Toorak Village project is one of <a href="/developers/orchard-piper">Orchard Piper’s</a> four active projects, part of its $800m pipeline scheduled for annual completion over the next four years.

Works have commenced on site at 109 Mathoura Road and 420-426 Toorak Road, where the 400 sqm penthouse has already sold for $12.5 million

Orchard Piper appoint Cobild to construct Toorak Village development after apartment and office sale blitz

The City of Melbourne is one of the top five most affordable local government areas to buy property in with significant investment upside.

That's the view of researcher and commentator Terry Ryder, founder of Hotspotting.com.au, a company which helps identify emerging property markets.

He listed the City of Melbourne in his top five 'City Cheapies with Prospects' alongside the City of Salisbury in Adelaide, the City of Armadale and the City of Canning&nbsp;in Perth,&nbsp;Southern Moreton Bay Islands in South East Queensland.

He says the five regions are likely to offer the best strategic property buying and investing potential over the next six months. Melbourne's population boom, overtaking Sydney as Australia's largest city for the first time in more than a century after borders were redrawn, was a major factor in Ryder's view.

“Despite facing challenges during the pandemic, Melbourne has shown resilience and stability in its property market," Ryder says.

“However, the rising interest rates and shifting lifestyle demands have caused investors and homeowners to look at options such as units and townhouses instead of standalone houses.”

[smartcode_project:default project_id=3260 project_image_fid=212294]

The City of Melbourne, with its high-density dwellings making up 86 per cent of homes, has become an attractive destination for both living and working, he said.

“Its strong economy, with major businesses, universities, hospitals, and government services, has been further bolstered by ongoing infrastructure projects such as the North East Rail Link and the proposed Suburban Rail Loop,” Ryder said.

“These developments are expected to bring in significant investments and create thousands of jobs, ensuring continued growth and stability in Melbourne's property market.”

[smartcode_project:default project_id=1270 project_image_fid=217067]

Melbourne saw the fastest growth in dwelling values of all Australian capital cities at the start of the pandemic, but then saw the steepest decline when repeated lock downs curtailed market activity in 2020- 21.

Since 2021 however, Melbourne has been one of the more resilient of the capital cities nationally, and has performed relatively steadily against a backdrop of rising interest rates and reduced consumer confidence.

According to the latest Home Value Index from CoreLogic, released in August 2023, median dwelling values in Melbourne behaved relatively moderately compared to other Australian capital cities such as Sydney and Brisbane. Dwelling prices rose less rapidly in Melbourne between the onset of Covid to the cyclical price peak. However the subsequent decline in dwelling values in 2022-2023 was also much more moderate.

[smartcode_project:default project_id=5345 project_image_fid=227074]

Ryder says there is an emerging trend of more buyers opting to buy units and townhouses, for affordability and lifestyle reasons, including young buyers and downsizers.

"It’s creating rising demand in inner-city locations in the biggest cities.

"The City of Melbourne is benefiting from this trend, with only 1.8% of the LGA’s population living in detached housing, according to the last census. 12.2% live in medium density and 85.3% living in high density accommodation."

Hotspotting's&nbsp;Spring 2023 edition of The Price Predictor Index stated the City of Melbourne is the strongest market in the Greater Melbourne area.

"Of the 10 City of Melbourne suburbs in the analysis, seven are rising markets, one is a recovering market and one is a consistency market (and one is a plateau market)," the report noted.

According to Hotspotting’s Top 10 Apartment Markets report, published in August 2023, apartments were outperforming standalone houses in a number of ways – including faster growth in rents, superior price growth rates for much of the past 12 months and a growing share of new dwelling approvals.

In the latest State of the States report, from July 2023, Victoria leads the country for construction work done. According to the data, in Victoria, construction work done is 19.3 per cent above its decade average.

<h2>City of Melbourne, Metro Melbourne, Highlights</h2>

 
• Strong population growth 
• Good rental yields 
• Designated Metropolitan Activity Centres 
• Important national cluster of universities and hospitals 
• $35 billion suburban rail loop 
• $16 billion North East Link 
• $14 billion biomedical precinct 
• $6.7 billion Docklands development 
• $2.8 billion Melbourne Square project 
• $1.7 billion Southbank Arts precinct

“Despite facing challenges during the pandemic, Melbourne has shown resilience and stability in its property market," Ryder says

Why Metro Melbourne presents as a "Cheapie With Prospects": Hotspotting's Terry Ryder

For a limited time, developer World Class Global is offering discounted stamp duty at their completed Southbank apartment development, Australia 108.

Having completed construction toward the end of 2020, the striking tower, offering the highest residences in the Southern Hemisphere, was designed by the renowned architecture firm&nbsp;<a href="/architects/fk-australia" target="">Fender Katsalidis</a>, whose goal was to form a bridge between earth and sky.

There are still opportunities to buy in the sky high tower on Southbank Boulevard.

Unprecedented Stamp Duty Savings

With Australia 108's latest promotion, buyers stand to make significant savings on their property purchases.

One-bedroom apartments, priced from $575,000, come with the promise of saving up to $85,108 in stamp duty fees.

For those seeking larger living spaces, two-bedroom apartments starting at $785,000 could translate into savings of up to $110,108.

The most substantial savings are reserved for those eyeing three-bedroom luxury, with the skyhigh, three-bedroom homes for $1.5 million, potentially offering buyers $121,000 in stamp duty savings. These substantial savings make Australia 108 an even more attractive investment opportunity.

A Skyline Icon with Unrivalled Views

Australia 108, renowned for its striking architectural design, has firmly established itself as an iconic landmark in Melbourne's ever-evolving skyline. Its unique and contemporary aesthetics have added to the city's allure, making it a statement of elegance and modernity.

&nbsp;

[smartcode_project:default project_id=582 project_image_fid=182851]

But it's not just about looks; Australia 108 also offers exceptional views that can't be found elsewhere. As one of the tallest residential buildings in the Southern Hemisphere, residents are treated to breathtaking panoramic views of Melbourne and its picturesque surroundings, providing a living experience that is truly unparalleled.

Read more:&nbsp;<a href="/news/vic/forming-a-bridge-between-earth-and-sky-how-fender-katsalidis-designed-australia-108-the-southern-hemispheres-tallest-apartment-tower">"Forming a bridge between earth and sky": How Fender Katsalidis designed Australia 108, the southern hemisphere's tallest apartment tower</a>

Luxury Redefined: Amenities Galore

Australia 108 is more than just a building; it's a lifestyle destination. The property boasts a range of high-end amenities that cater to the most discerning residents.

[smartcode_project:default project_id=582 project_image_fid=182867]

The luxurious swimming pool, state-of-the-art fitness center, entertainment areas, and concierge services ensure that residents have access to a premium lifestyle that's second to none.

Prime Location in Southbank

Situated in the vibrant Southbank precinct, Australia 108 offers the ultimate in convenience.

[smartcode_project:default project_id=582 project_image_fid=182856]

With easy access to Melbourne's central business district, cultural attractions, fine dining, shopping, and entertainment options, residents are perfectly positioned to enjoy all that this world-class city has to offer.

Read more:&nbsp;<a href="/news/vic/five-reasons-why-buyers-love-australia-108-apartments-in-melbournes-southbank">Five reasons why buyer's love Australia 108 apartments in Melbourne's Southbank</a>

Sustainability at the Heart of Design

Australia 108 isn't just about luxury and convenience; it also embraces environmentally sustainable design principles. The use of energy-efficient systems and eco-friendly materials contributes to a greener and more sustainable urban living environment, aligning with the global push for a more eco-conscious future.

Unmatched Residential Experience

The interiors of each Australia 108 apartment are a testament to thoughtful design and exquisite living. Crafted by the award-winning design firm Carr Design, each residence boasts impressive layouts with high-quality finishes and premium European appliances.

[smartcode_project:default project_id=582 project_image_fid=182845]

Floor-to-ceiling glass allows residents to soak in sweeping panoramas from multiple aspects, promising an unmatched living experience with house-like proportions.

Beyond Expectations: Sky Rise and Star Club

Australia 108 takes luxury to new heights with its Sky Rise and Star Club facilities. On Level 11, the Sky Rise Club offers a host of resort-style amenities, from a pool for laps to a fully-equipped gym. Residents can also entertain guests at the theatrette, grand dining room, or virtual golf room, ensuring that every day feels like a vacation.

[smartcode_project:default project_id=582 project_image_fid=182880]

For those seeking an even more exclusive experience, the 2,800 sqm Star Club on Level 70 and 71 offers a world of entertainment and leisure with 360-degree panoramic views of the city, gardens, and bay. The dual double-height full glass infinity pools provide a unique opportunity to swim amongst the clouds, while state-of-the-art gyms, sophisticated dining rooms, expansive lounge areas, a private cinema, and a sky garden with soaring ceilings add to the allure.

[smartcode_project_cta:default project_id=582]

With Australia 108's latest promotion, buyers stand to make significant savings on their property purchases

Stamp duty slashed for Australia 108 apartments

In the heart of Melbourne's metropolis, developer S P Setia has delivered a collection of apartments that tap into the bustling nature of the city. The completed Uno Melbourne promises residents a lifestyle like no other, positioned perfectly between the city and the bay.

Uno Melbourne is more than just a place to call home; it's an invitation to immerse yourself in the vibrant essence of Australia's fashion, dining, arts, and sports capital.

Nestled within easy reach of one of the most active tram and train networks in the city, the development effortlessly connects residents to all that Melbourne has to offer.&nbsp;

[smartcode_project:default project_id=3281 project_image_fid=46048]

Residents can discover Melbourne's famed laneways, open-air riverside promenades, and manicured city parks right on their doorstep, while gourmet restaurants and countless boutique shops beckon residents to indulge in the city's rich cultural tapestry.

Melbourne's reputation as a hub for education and learning is well-established. Named Australia's best city for international students, it ranks among the world's leading destinations for quality higher education. Uno Melbourne capitalises on this by being within walking distance of prestigious universities.

The University of Melbourne, located just a 20-minute walk away, and RMIT University, a mere seven-minute walk, ensure that education is not just accessible but incredibly convenient. The multi-campus La Trobe University, offering undergraduate and postgraduate courses, is also a short 15-minute walk from Uno Melbourne.

[smartcode_project:default project_id=3281 project_image_fid=46049]

Just a two-minute walk away, the Queen Victoria Market stands as one of the city's most beloved highlights. The stylish, cultural hub transforms from a bustling day market to a vibrant night-time destination, serving up international cuisines, beverages, and entertainment options.

If you're in the mood for some retail therapy, Uno Melbourne offers proximity to several retail destinations. Melbourne Central, a five-minute walk away, boasts 300 retailers over five levels, featuring a range of Australian and international fashion brands. For upscale shopping, the Emporium Shopping Mall is an eight-minute walk from your doorstep, providing a variety of upscale retailers, restaurants, and a food court.

If residents are craving authentic Asian experiences, Melbourne Chinatown is just a ten-minute walk, where they can explore Asian cuisine, karaoke bars, cocktail spots, and fashion boutiques.

[smartcode_project:default project_id=3281 project_image_fid=46053]

Uno Melbourne is not just about the urban buzz; it also provides access to green spaces and knowledge hubs. The historic Flagstaff Gardens, the oldest park in Melbourne, is a mere five-minute walk away, offering a tranquil escape from the city's hustle and bustle.

The State Library Victoria, established in 1854, is also only a seven-minute walk and stands as Australia's oldest public library and one of the first free libraries in the world.

One, two and three-bedroom apartments are still available in the development, with prices starting from $492,000.&nbsp;

[smartcode_project_cta:default project_id=3281]

Nestled within easy reach of one of the most active tram and train networks in the city, the development effortlessly connects residents to all that Melbourne has to offer

Uno Melbourne: Your gateway to Melbourne's metropolitan lifestyle

Earlier this year Sunkin Property released Highett Common, their sustainable masterplan in the heart of the sought-after Bayside suburb.

We recently caught up with Scott Jessop, Head of Sales and Marketing at Sunkin Property Group, to discuss the project in more detail.

Highett Common: Shaping the Future of Bayside Melbourne

&lt;iframe width="560" height="315" src="https://www.youtube.com/embed/svkvrP6IGyA?si=Hnll05VBnPeBLC9q" title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen&gt;&lt;/iframe&gt;

[smartcode_project_cta:default project_id=108019]

Highett: The Oasis of Bayside Melbourne

Highett boasts beautiful beaches, top-notch schools, golf clubs, and a thriving community. With a mere half-hour train ride to the city, Highett offers the perfect blend of tranquility and urban convenience.

[smartcode_project:default project_id=108019 project_image_fid=212656]

A Pledge to Environmental Sustainability

What sets Highett Common apart is not just its luxury but also its unwavering commitment to environmental sustainability. It's slated to be one of Victoria's rare medium-density Net Zero projects. This goes beyond cost savings; it's about caring for our planet.

The development features solar panels that generate electricity, reducing owners' corporation fees while promoting clean and sustainable energy.

Embracing Electric and Eco-Friendly Living

This project is fully electric, bidding farewell to gas. While some may still appreciate a gas cooktop, the advantages of electric induction are undeniable. It's all part of the effort to create a more sustainable and eco-friendly living environment.

[smartcode_project:default project_id=108019 project_image_fid=212653]

Cultivating a Thriving Community

Highett Common is more than just apartments and amenities; it's about fostering a sense of belonging and community.

[smartcode_project:default project_id=108019 project_image_fid=212658]

Residents will have access to an app that connects them to community programs, events, and services. The goal is to create a vibrant and interconnected community within the development.

A Grand-Scale Endeavor

With an expansive 10-hectare site, the development is thoughtfully divided into smaller stages to ensure a harmonious balance. The first stage comprises 165 apartments spread across two six-story buildings, offering a spacious and open layout that's a far cry from the high-density developments commonly seen today.

[smartcode_project:default project_id=108019 project_image_fid=212514]

An Abundance of Amenities and Greenery

Apart from the spacious apartments, Highett Common offers a wealth of amenities, including a Wellness Centre, an outdoor swimming pool, gyms, dining rooms, and indoor swimming pools.

[smartcode_project:default project_id=108019 project_image_fid=213936]

This scale of amenities is a rarity in Bayside, making Highett Common an exceptional choice for those seeking a high-quality lifestyle.

A Promising Journey Ahead

With construction already underway across the precinct, Highett Common is poised to make a transformative impact on Highett. The development has the potential to drive capital growth in the area, elevating the suburb's status even further.

[smartcode_project:default project_id=108019 project_image_fid=212658]

Experience the Future at Highett Common

The Highett Common display suite offers an immersive experience of what this development has in store.

Highett Common isn't just another development, it's a forward-looking project that values both luxury living and environmental sustainability. It's a testament to the fact that developers today must meet the needs of consumers by creating communities that also care for our planet.

[smartcode_project_cta:default project_id=108019]

Scott Jessop, Head of Sales and Marketing at Sunkin Property Group, unveils the remarkable "Highett Common" project. Nestled in the heart of Highett, Bayside Melbourne, this development promises to redefine luxury living while prioritising environmental sustainability and community building.

Everything a buyer needs to know about the sustainable Highett Common development by Sunkin Property

The leafy suburb of Malvern was initially part of the Parish of Prahran until 1856 before it was established as its own suburb.

Named after Malvern Hill in England, Malvern's development was&nbsp;primarily driven by the arrival of the railway in the late 1850s. This transportation link connected Malvern to Melbourne, leading to increased settlement and growth.

One of the significant developments in Malvern's history was the land boom of the 1880s. During this period, grand Victorian and Edwardian-style homes were built, many of which still stand today, showcasing the suburb's architectural heritage. Malvern's tree-lined streets and spacious properties attracted affluent residents.

The neighbouring Malvern East began to evolve as a separate entity in the early 20th century, however it too experienced a housing boom during the interwar period. That saw Californian bungalows and Art Deco homes developed.

The establishment of prestigious schools and institutions in the vicinity such as Caulfield Grammar School and Monash University continued to drive the family demographic. The most recent ABS Census data shows around 60 per cent of residents in Malvern and Malvern East have children.

Both <a href="/new-apartments/malvern-vic-3144">Malvern</a> and <a href="/new-apartments/malvern-east-vic-3145">Malvern East</a> have managed to preserve their historical character. There's not been an overwhelming amount of new developments in either suburb of the past decade or so.

There are currently three high quality developments currently on the market in Malvern and Malvern East, and we've put together a bio on each.

<h2>Maléa</h2>

<h3>Developer: Abadeen Victoria</h3>

<h3>Address:&nbsp;94 Burke Road, Malvern East VIC 3145</h3>

<h3>Price: From&nbsp;$2.6&nbsp;million</h3>

Luxury Sydney developer <a href="/developers/abadeen-group">Abadeen</a> has branched out into the high-end Melbourne apartment market, revealing their parkside apartment development <a href="/new-apartments/malea-94-burke-road-malvern-east">Maléa</a>, which will replace one of the last remaining homes to be redeveloped overlooking Central Park in Malvern East

Maléa, just seven apartments facing the 19-acre Central Park, is the result of a collaboration with Ewert Leaf as the architectural team behind its stoic, enduring form, featuring textural brickwork, layered concrete planes, and sleek metalwork, and John Patrick and Associates who took control of the extensive landscaping.

[smartcode_project:default project_id=141969 project_image_fid=222407]

These luxury apartments, available in two and three-bedroom configurations, feature a beautiful Calacatta Viola in the kitchen, dining area and bathroom, teamed with richer-toned porcelain slabs.

Maléa has been thoughtfully designed with sustainability in mind, aiming to achieve a minimum 6.5-star green energy rating. This commitment to environmental responsibility is evident through features like double glazing, concrete walls and floors, limited gas usage for hot water services, rainwater harvesting, solar panels, and provisions for future electric vehicle battery storage in the basement.

[smartcode_project:default project_id=141969 project_image_fid=222390]

Abadeen Victoria is being led by former CBRE Residential Projects Director&nbsp;<a href="/news/urban-ceo-mike-bird-interviews-360-propertys-john-meagher-cbres-andrew-leoncelli-about-the-property-industrys-response-to-covid-19" target="">Andrew Leoncelli</a>, who says&nbsp;<a href="/new-apartments/malea-94-burke-road-malvern-east">Malea</a>&nbsp;is the culmination of many years of experience working in this community. He says to have secured a site directly opposite Central Park, one of the very final sites in&nbsp;<a href="/developments/malvern-east-vic-3145">Malvern East</a>, is a phenomenal opportunity.&nbsp;

"It's an amazing community hub at your doorstep and where we are opposite Central Park Road, which is one of the best in all of the Gascoigne Estate, is one of the last opportunities to secure a park fronted luxury residence, and we are very excited to be bringing this to the market."

<h2>Project: Plant Street by Milieu&nbsp;</h2>

<h3>Developer: Milieu</h3>

<h3>Address:&nbsp;1 Plant Street, Malvern</h3>

<h3>Price: From&nbsp;$1.25 million</h3>

The forward-thinking, design-led developer <a href="/developers/milieu-property">Milieu</a>&nbsp;took to Malvern for their debut south-east Melbourne project,&nbsp;which they are developing alongside partners Penfold and MaxCap.

Milieu has brought together a talented team, including architecture firm RITZ&amp;GHOUGASSIAN, interior design practice Georgina Jeffries, and renowned landscape architects Acre, to create a harmonious living environment.

[smartcode_project:default project_id=139856 project_image_fid=217344]

Comprising just 21 generously-sized apartments, the design of <a href="/new-apartments/plant-street-by-milieu-malvern-1-plant-street-malvern">Plant Street</a> revolves around the concept of connecting internal and external spaces, resulting in striking, textural architecture paired with warm, inviting interiors and integrated landscaping.

The use of natural materials such as honey timber joinery, brown ash brick, terrazzo, and natural stone creates an atmosphere of warmth and welcome throughout the apartments. Custom-made lighting by Volker Haug Studio complements the material palette, adding a touch of sophistication.

[smartcode_project:default project_id=139856 project_image_fid=217345]

The landscaping at Plant Street is dynamic, with deciduous plants and trees that evolve with the seasons. Ground floor apartments feature spacious landscaped gardens, while upper-level units boast planters and terraces adorned with lush creepers.

<h2>Malvern Collective</h2>

<h3>Developer:&nbsp;Kokoda Property</h3>

<h3>Address: 2 Station Place, Malvern</h3>

<h3>Price: From&nbsp;$555,000</h3>

Malvern Collective is the under construction masterplanned development by national developer <a href="/developers/kokoda-property">Kokoda Property</a>.&nbsp;The innovative project introduces the concept of a "0-minute neighbourhood," ensuring that residents have every essential amenity right at their doorstep.

[smartcode_project:default project_id=12457 project_image_fid=217233]

Comprising over 200 one, two, and three-bedroom apartments, including a luxurious grand penthouse and sub-penthouses, <a href="/new-apartments/malvern-collective-2-station-place-malvern">Malvern Collective</a> is perched above what will be a thriving hospitality precinct. This precinct, designed to enhance community life, includes a Woolworths Metro, six distinctive hospitality venues, and a dedicated concierge service that feels like a high-end hotel experience.

One of the project's unique features is its integration with the surrounding community. It will connect with Glenferrie Road via new laneways, providing direct access to Malvern train station, making commuting a breeze.

Designed by Jackson Clements Burrows, these apartments offer breathtaking views of Port Phillip Bay, the Dandenong Ranges, and Melbourne's CBD. With over 70 percent of units sold to owner-occupiers, it's clear that people are not only drawn to the stunning design but also the superior concierge service, accessible through a dedicated residents' app. From ordering morning coffee to making dinner reservations anywhere in Melbourne, the concierge service goes above and beyond to cater to residents' needs.

[smartcode_project:default project_id=12457 project_image_fid=217246]

Malvern Collective residents will also enjoy exclusive amenities within the project, including a co-working space, a cinema, a swimming pool, a wellness center with hot and cold plunge pools, and a private dining area – all bookable through the residents' app. The concierge will also collaborate with local businesses to offer services such as housekeeping, laundry, and even dog washing.

We've taken a look at the top three off the plan apartment developments selling in Malvern and Malvern East

How Malvern and Malvern East has preserved its historical character

Hampton's Service Street is lined with heritage buildings, each holding stories of significance and displaying artful craftsmanship.

Effortlessly blending into the street is Marlu, a rare new off the plan townhouse development in the sought-after Bayside suburb.

Drawing inspiration from the neighbouring heritage, Marlu, just seven three-bedroom townhouses, will pay homage to its surroundings while infusing a contemporary appeal.

[smartcode_project:default project_id=140140 project_image_fid=219622]

Crafted masonry work will adorn Marlu's exterior, boasting an arrangement of bricks that create a nonuniform pattern, while in a bid to capture the coastal essence of the suburb, light-toned timber will be incorporated throughout to create a contrast against the deep terracotta hues.&nbsp;

The facade is further enhanced by electro bronze steel windows that are recessed into the structure, with the expansive floor-to-ceiling windows and sliding glass doors seamlessly connecting the residences with private courtyards, allowing an abundance of natural light to flood the interior spaces.

[smartcode_project:default project_id=140140 project_image_fid=219623]

Internally Marlu will boast an open-plan light filled environment, taking inspiration from the exterior design, with rich terracotta tones that pay homage to the slated terracotta roofs of the heritage homes that line the street.&nbsp;

Contemporary colours complement the brown tones, with features such as a soft grey fluted marble feature wall and white gloss ceramic wall tiles creating unique residences within Marlu.&nbsp;

The residences will benefit from fully integrated Miele appliances, finished with brushed nickel, to further tie the internal design elements in with the exterior.&nbsp;

[smartcode_project_cta:default project_id=140140]

Drawing inspiration from the neighbouring heritage, Marlu, just seven three-bedroom townhouses, will pay homage to its surroundings while infusing a contemporary appeal

A fusion of heritage and contemporary charm: Marlu Hampton townhouses launch

Off the plan purchasers&nbsp;have moved into 225 Burke Road in Glen Iris following its recent completion.

Only a few of the 16 contemporary apartments remain for sale. The two-bedroom apartments were snapped up pre-completion, leaving just a few three-bedroom apartments for sale.

[smartcode_project:default project_id=5016 project_image_fid=225966]

A three-bedroom garden apartment with extensive landscaping is priced at $1.67 million. The three-bedroom penthouse is also still for sale. The penthouse features sweeping views of Melbourne, a kitchen with a butler’s pantry, and a home office.

Melbourne-based C. Kairouz Architects designed the building with a robust façade, which gives way to warm, inviting, and minimalist apartments designed to cater to the needs of modern living with contemporary fixtures and finishes.

[smartcode_project:default project_id=5016 project_image_fid=225961]

The kitchens feature striking natural stone benchtops, and top-of-the-line integrated Miele appliances, while the bathrooms feature rainwater showers, and the master ensuites have double vanities.

The oak floorboards add warmth, character and balance to the home, while floor-to-ceiling double-glazed windows envelop the living areas, flooding the home with abundant natural light.

[smartcode_project:default project_id=5016 project_image_fid=225965]

225 Burke Road boasts an enviable location within walking distance of High Street trams, shops, cafes, esteemed schools, Glen Iris station, and the M1 Freeway, which offers easy access to the rest of Melbourne.&nbsp;

Gardiners Creek Trail and Central Park are also nearby, making it an ideal choice for those who enjoy an active outdoor lifestyle.

Jellis Craig Projects Sales Director Stephen Bowtell is marketing the ready-to-move-in apartments.

[smartcode_project_cta:default project_id=5016]

Only a few of the 16 contemporary apartments remain for sale

Glen Iris apartment development 225 Burke Rd welcomes residents following completion

Developer Spark Projects is on track to complete the construction of Triple 1 Residences, their boutique Elsternwick apartment development of just 10 apartments.

Only three two-bedroom apartments remain in Triple 1, which has been sought-after by homeowners who have wanted convenience at their fingertips.&nbsp;

[smartcode_project:default project_id=141885 project_image_fid=225911]

The Finnis Architects-designed building on Gardenvale Road is ideally located near several cafes, wine bars, and retail, while also just 300 metres from Gardenvale Train Station, which will take residents to the Melbourne CBD in around half an hour.

On the doorstep of Triple 1 is Omar and The Marvelous Coffee Bird, while a three-minute walk down Martin Street is King Prawn Seafood &amp; Grill, Italian restaurant Fox in the Box, Escargot Bakery, and Grape and Grocer. The Brighton Bay Medical Centre and several health clinics are on the adjacent block.

[smartcode_project:default project_id=141885 project_image_fid=225916]

Martin Street leads to the Elwood Beach Bay Trail, providing walkable access to the shoreline and Elwood Park. Other nearby landscapes include Elsternwick Park and Elster Creek.

Finnis Architects created a striking façade with modern lines to make Triple 1 stand out from the streetscape. The apartments feature kitchens with Miele appliances and Franke and Phoenix Tapware.&nbsp;

[smartcode_project:default project_id=141885 project_image_fid=225912]

The open-plan dining and living areas extend to a balcony with treetop views.

Prices for the completed apartments start from $850,000.

[smartcode_project_cta:default project_id=141885]

Only three two-bedroom apartments remain in Triple 1, which has been sought-after by homeowners who have wanted convenience at their fingertips

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

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