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

Joel Robinson

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

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

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

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

Kooyongkoot wins Gold and Silver at Better Future Melbourne Design Awards

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

The apartment price gap drawing Sydney buyers west

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

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

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

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

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

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

Every First Home Owner Grant for new property by state

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

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

Staff Writer

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

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

alisonwarters@gmail.com

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

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

Ellen Walker

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

Following the success of Park House, the first stage of Highett Common, Sunkin has launched its townhouse collection as part of the sustainable masterplan.

Sunkin unveiled the townhouses at a grand launch event Saturday October 21 at the Highett Common Display Suite at 37 Graham Road in Highett. The three and four-bedroom townhouses have been designed to target the family buyer. Each will have either two or three levels, and a rear landscaped garden off the main open plan kitchen, living and dining area.

[smartcode_project:default project_id=143259 project_image_fid=243951]

The kitchen has been kitted out with a 900 mm SMEG induction cooktop and oven, induction because the Highett Common masterplan is seeking to be Victoria's first Net Zero Community.

The bedrooms are located privately upstairs, while Sunkin expects the majority of buyers to use the third of fourth bedrooms as a multi-purpose room which might suit a second living area, home office, or media room.

[smartcode_project:default project_id=143259 project_image_fid=243950]

Every townhouse features independent entry off the street, and internal access from the lockable private garage.

The three-bedroom townhouses start from $1,614,000. Sunkin are also releasing a handful of three-bedroom loft apartments from $1,401,600.

Part of the townhome reveal is the next stage of resident amenity, which comes in the form of an indoor pool, to complement the outdoor pool revealed in stage one, and a wellness hub with a state-of-the-art gym and yoga space, and a new library for residents.

[smartcode_project:default project_id=143259 project_image_fid=243948]

Residents can book the wide range of amenity through Highett Common Connect, a mobile or laptop app which will be updated with&nbsp;community events, connections to social clubs and sport and fitness groups, and integrations with smart home automation.

Park House, which comprises two buildings and 165 apartments, is already over 60 per cent sold.

Sunkin have reserved over 40 per cent of the 10-hectare masterplan for open spaces, with parks, playgrounds, and landscaped outdoor areas the cornerstone of the precinct.

The $500 million masterplan will home over 1000 residences when completed.

[smartcode_project_cta:default project_id=143259]

Sunkin will unveil the townhouses at a grand launch event Saturday October 21 at the Highett Common Display Suite at 37 Graham Road in Highett

Sunkin launch townhomes at Highett Common after Park House success

Located on Templestowe’s golden mile, Serpells Place is the work of Hub Property Group, Hewson and Gacesa.&nbsp;

The joint venture engaged Kavellaris Urban Design to curate the 20-apartment project, with the Cremorne-based architect firm's Director, Billy Kavellaris at the helm.&nbsp;

[smartcode_project:default project_id=34209 project_image_fid=196184]

Crafted to command the streetscape whilst honouring its esteemed location, the building features a bold and engaging facade design, with clean lines and robust materials juxtaposing with the vibrant greenery of the landscape.

To the middle level, the building is softened by fluid curves, imbuing a sculptural quality that is only enhanced by cascading vines, while expansive glazing allows abundant natural light into the homes whilst allowing for a connection to the landscaping and surrounding views.

“A composition of contemporary form, enduring materiality and generous scale, the architecture of Serpells Place has been born out of a commitment to excellence.” Kavellaris said.

Renowned for its rolling hills, abundant landscaping and mature trees,&nbsp;Kavellaris drew great inspiration from the location of Serpells Place.

[smartcode_project:default project_id=34209 project_image_fid=196185]

"Serpells Road is one of the most esteemed streets in Templestowe. It’s wide, filled with trees and has a beautiful link to the past, lined by large acreage properties," he said.

"We took elements of the area and then metaphorically put them together to create something that is dynamic and engaging. There’s a lot of fluid forms and a nice combination of organic and industrial materials. There’s also beautiful facade articulation, with three layered planes that present individual design moments to create one unified gesture."

"Also, every residence is huge – they’re essentially home-style residences,"&nbsp;Kavellaris added.

Large openings create a physical connection to the outdoors, while the expansive terraces, which adjoin to each of the homes, further connect Serpells Place to its surrounds.&nbsp;

[smartcode_project:default project_id=34209 project_image_fid=196193]

"There’s also visual connections from living spaces, which look out to the landscaping and surrounding views. And then we have large light courts that allow sunlight and ventilation in through two sides of the residences, which is really quite rare," Kavellaris said.

Through envisioning the interiors and exteriors as a combined concept, the architecture seen from the streetscape is transported inside.&nbsp;

"Whenever we design a building, there’s a language we explore on the outside, and then we pick up on these cues internally. It might be in the materials, the textures, or a form. The idea is that as you walk in, there’s a language and a story that unfolds in a linear way."

Whilst designing the interiors, KUD took cues from the facade to create a seamless, free flowing transition between in and out. Favouring soft textures, natural materials and cool tones, the finishes palette has been carefully curated to cultivate a rich and harmonious sensory experience, enhanced by plentiful natural light.

[smartcode_project:default project_id=34209 project_image_fid=196186]

“No expense was spared for the finishes and fixtures of Serpells Place. Enhanced by expansive living spaces, the level of quality and craftsmanship speaks for itself."

The pièce de résistance is the sophisticated chef’s kitchen, where you’ll find features of everyday luxury including a sleek wine fridge, state-of-the-art appliances, a butler’s pantry and a bar area.

"The kitchens are probably bigger than what you’d find in a residential house. They’ve got extensions of bars and their own butler’s pantry as well as heaps of storage. These residences are for people who want spacious, high-quality design with the low maintenance lifestyle of an apartment."

The striking island bench has been designed to emulate the soft curves of the facade, adorned in an elegant and durable grey marble.

[smartcode_project:default project_id=34209 project_image_fid=196188]

Sophisticated yet comfortable, the open-plan living area is a haven for unwinding or entertaining. Here, soaring windows provide seamless outlooks to the landscaping, encouraging residents to feel as if they are wholly immersed in nature.

Sliding doors collapse the boundaries between in and out, allowing the terrace, living, dining and kitchen areas to become one all-encompassing sanctuary.

"Afforded with timber floorboards, there is a warmth to this space that evokes the essence of a home, complemented by an opulent fireplace for cosy nights in during the colder months of the year,"&nbsp;Kavellaris concluded.

[smartcode_project_cta:default project_id=34209]

How KUD's Billy Kavellaris designed the Templestowe apartments, Serpells Place

Developer SIDG has sold one of its penthouses in its St Kilda Road apartment development <a href="/new-apartments/park-quarter-melbourne-474-st-kilda-road-melbourne">Park Quarter</a> for $13 million.

LAWD Director Henry Burbury negotiated the sale of the north west-facing penthouse on behalf of Danny Thomas, a senior director at LAWD who specialises in agriculture and farm sales.

<a data-entity-type="file" data-entity-uuid="6cb40a3a-433e-4613-b4be-daf0340d6e35" href="/new-apartments/park-quarter-melbourne-474-st-kilda-road-melbourne"><img alt="Park Quarter" data-entity-type="" data-entity-uuid="" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-10-19%20at%2010.33.05%20am.png?VersionId=ansT6EQoz1AebgXgxBJnC2C9EXx2jlC6" /></a>The luxury wine room in the penthouse. Image supplied

Burbury says it's the best penthouse on offer at the 18-level building, given its north west views capture both the city and Albert Park and will never be built out. the rooftop has a private terrace with a swimming pool.

The penthouse is one of four in the $170 million tower which SIDG launched in March.

Read more:&nbsp;<a href="/news/vic/park-quarter-launches-on-melbournes-sought-after-st-kilda-rd-precinct">Park Quarter launches on Melbourne's sought-after St Kilda Rd precinct</a>

<a data-entity-type="file" data-entity-uuid="796cb0df-7f7e-4492-9d52-1bb3fcb4d82e" href="/new-apartments/park-quarter-melbourne-474-st-kilda-road-melbourne"><img alt="Park Quarter" data-entity-type="" data-entity-uuid="" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-10-19%20at%2010.32.49%20am.png?VersionId=9Of4Mc6j6zc4ZnImZ3eFU1_ynANRrFdw" /></a> 
The living area of the penthouse with sweeping Albert Park views. Image supplied

Park Quarter is now over 60 per cent sold and the team at SIDG are in the final stages of appointing a builder for the project, which they expect to start construction on next year and complete in 2026.

There are 244 apartments in total at <a href="/new-apartments/park-quarter-melbourne-474-st-kilda-road-melbourne">Park Quarter</a>, which start from level six. They will sit atop a Marriott Executive Apartment, one of the first in Australia. The building has been designed by COX Architecture, with interiors by DKO.

[smartcode_project:default project_id=134959 project_image_fid=210773]

Residents of <a href="/new-apartments/park-quarter-melbourne-474-st-kilda-road-melbourne">Park Quarter </a>can have access to all of the hotel amenity through a club membership subscription, but they'll also have their own amenity. They will have everything from a 24/7 concierge, a pool, gym, and co-working spaces, to a theatre room and a golf simulator, plus pet wash room, mud room equipped with high pressure wash machine, and smart parcel lockers.

Earlier this year we caught up with Colliers Director Zoe Powell, who is in charge of sales at Park Quarter. She said residents can opt in or out of the extensive amenity on offer in the building, which can lower their strata fees.

Read more:&nbsp;<a href="/news/one-of-melbournes-first-project-launches-in-three-years-unpacking-sunnylands-park-quarter-with-colliers-director-zoe-powell">One of Melbourne's first project launches in three years: Unpacking Sunnyland's Park Quarter with Colliers Director Zoe Powell</a>

Park Quarter is now over 60 per cent sold and the team at SIDG are in the final stages of appointing a builder for the project

SIDG secure $13 million penthouse sale at Park Quarter on St Kilda Road

It was 2017 when prominent developer Kokoda Property swooped on what was an amalgamation of old brick buildings and warehouses.

Before they even purchased the site, which had been their largest acquisition in their 18-year history at that point, they knew the importance of what they were going to develop, and the impact it would have on the local community.

Kokoda appointed heritage consultant Lovell Chen early in the peace to work out exactly how they could keep the grandeur of the vast 4,720 sqm site.&nbsp;Some elements of what was on the vast development opportunity were almost as old as the suburb itself.

It was banker and pastoralist John Gardiner, among others, who settled Malvern back in 1835. The land was named Malvern by barrister and land developer Charles Skinner, after his ancestral home, Malvern Hills, in England.

Read more:&nbsp;<a href="/news/vic/it-will-be-a-landmark-for-generations-to-come-how-jackson-clements-burrows-designed-malvern-collective">"It will be a landmark for generations to come"; How Jackson Clements Burrows designed Malvern Collective</a>

What was once known as the Gardiner Hotel was developed on the site some time before 1856.&nbsp;It was altered in the 1880s, and then in 1925 it was extensively remodelled to create the interwar Free Classical style façade which remains today.

Back in the 1860s, the licensee of the Gardiner Hotel was well-known Melbourne cricketer, William Greaves, who, as an added attraction or the hotel, built what is believed to be the first bowling green in Victoria.

Also on the site is Station Place. A collection of Victorian-era shops which were located at the gateway to Station Place, once the home of grocer and merchants Lindsay Bros.

<img alt="Lindsay Bros" data-entity-type="file" data-entity-uuid="edba09ec-a2cf-4567-8b79-62023e6b2d36" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-10-18%20at%208.52.13%20am.png?VersionId=wnaGzox_jY5u9i314rHxdPILGs7JMHR2" />

In the late nineteenth century, Dandenong Road consisted mainly of residential buildings, with Station Place providing access for people between the street and Malvern Station.

"We’re really pleased to see this being reactivated aspart of Malvern Collective,"&nbsp;Lovell Chen Senior Associate John Statham says.

When Kokoda secured the site, only the former Railway Hotel, now known as the Angel Tavern, and two Victorian-era shops on Station Place, survived from the earliest period of development on the corner site.

[smartcode_project:default project_id=12457 project_image_fid=217254]

Statham says the style of the shops&nbsp;would be described as ‘polychrome Italianate’.

"Polychrome refers to the multi-coloured bricks used to create the decorative patterns around the windows and doors. Italianate refers to the revival of an Italian Renaissance style which was popular in the late nineteenth century."

[smartcode_project:default project_id=12457 project_image_fid=217264]

The shops have been restored, and will form part of the buzzing hospitality precinct Kokoda have put together. They've called the project a 0-minute neighbourhood, given the extensive amenity at the foot of two strikingly modern residential towers and its proximity to Malvern Station.

Read more:&nbsp;<a href="/news/vic/how-kokoda-is-creating-a-0-minute-neighbourhood-at-the-malvern-collective">How Kokoda is creating a 0-minute neighbourhood at The Malvern Collective</a>

[smartcode_project:default project_id=12457 project_image_fid=217263]

Under construction with completion slated for early 2024, Malvern Collective comprises 205 apartments with interiors by Carr.&nbsp;

Residents of Malvern Collective will have private access to a&nbsp;co-working space, a cinema, a swimming pool, a wellness centre with hot and cold plunge pools, and a private dining area, bookable through the residents' app.

[smartcode_project:default project_id=12457 project_image_fid=217249]

Using the app, residents can order a coffee from their room&nbsp;and pick it up before jumping on the train, or have the concierge make dinner reservations, not only for the hospitality in Malvern Collective, but anywhere in Melbourne.

[smartcode_project_cta:default project_id=12457]

Kokoda appointed heritage consultant Lovell Chen early in the peace to work out exactly how they could keep the grandeur of the vast 4,720 sqm site

The history behind the Malvern Collective apartments

ANZ has executed $295m of debt facilities to deliver the next stage of the $2 billion redevelopment of Moonee Valley Racecourse, known as Moonee Valley Park.

The loan to the developer, a joint venture between leading Melbourne private developer Hamton and leading industry superannuation fund Hostplus, represented by its Investment Manager ISPT, will primarily fund delivery of the next two residential stages, Trackside House and Stonepine House, comprising 325 apartments.

[smartcode_project:default project_id=110367 project_image_fid=199206]

Funds will also be used to seek planning permits on the balance of the development land and sitewide works to prepare for the Club’s works, which are due to commence in November 2025.

Hamton’s Executive Chairman, Paul Hameister, said, the scale of the debt package with ANZ is a reflection of the strength of security offered by the Hamton-Hostplus-MVRC partnership and the presale success of the latest stages.

[smartcode_project:default project_id=105114 project_image_fid=210523]

“It shows that for the right projects and the right developers, build-to-sell is still a development strategy that will secure the support of the big four banks,"&nbsp;Hameister said.

“ANZ’s collaborative approach and innovative thinking has added a lot of value to the project to date and we look forward to continuing that partnership through until project completion over the next decade."

Trackside and Stonepine House will&nbsp;sit alongside the already completed Feehan Row and Thomas Street, in addition to a range of premium residential amenity.&nbsp;

[smartcode_project:default project_id=105114 project_image_fid=210529]

Trackside House will comprise just over 200 apartments across 11 levels, while&nbsp;Stonepine House, now over 80 per cent sold, will have 119 two and three-bedroom units. Both buildings will have extensive resident amenity like a rooftop pool, hobby room, state of the art gym, and private dining areas which are bookable by the resident app.

Both projects are being built by Icon, who were appointed to construct the latest stages of the masterplan earlier this year.

Read more: <a href="/news/vic/hamton-appoints-builder-for-stonepine-and-trackside-house-in-moonee-valley-park-redevelopment">Hamton appoints builder for Stonepine and Trackside House in Moonee Valley Park redevelopment</a>

Trackside and Stonepine House will sit alongside the already completed Feehan Row and Thomas Street, in addition to a range of premium residential amenity

ANZ backs Hamton-Hostplus with $295m loan for Moonee Valley Park development

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.

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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;

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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.

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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.

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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.

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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

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