<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.

[smartcode_project:default project_id=509 project_image_fid=365684]

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.

[smartcode_project:default project_id=509 project_image_fid=365689]

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.

[smartcode_project_cta:default project_id=509]

Joel Robinson

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.”

[smartcode_project:default project_id=146358 project_image_fid=323057]

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.”

[smartcode_project:default project_id=146358 project_image_fid=323055]

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.

[smartcode_project:default project_id=146358 project_image_fid=323052]

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;

[smartcode_project:default project_id=110588 project_image_fid=5347]

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.

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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

Construction is set to begin at <a href="https://www.apartments.com.au/new-townhouses/orchard-mews-glen-iris-18-scott-grove-glen-iris-vic-3146">Orchard Mews</a> in Glen Iris, with&nbsp;PC Whitehall &amp; Sons&nbsp;now appointed as the townhome development moves into its next phase.

The development by&nbsp;<a href="https://www.apartments.com.au/developers/montcoeur">MontCoeur</a>,&nbsp;located at 18 Scott Grove, is now around 30 per cent sold, with completion targeted for late-2027.

Orchard Mews comprises a curated collection of three- and four-bedroom customisable townhomes, positioned within one of <a href="https://www.apartments.com.au/developments/glen-iris-vic-3146">Glen Iris</a>’ more tightly held residential streets. The low-density project has been designed by <a href="https://www.apartments.com.au/architects/cera-stribley-architects">Cera Stribley</a>, with landscape architecture by <a href="https://www.apartments.com.au/landscape-architect/jack-merlo">Jack Merlo</a>, bringing together a team known for high-end residential projects across Melbourne.

[smartcode_project:default project_id=150128 project_image_fid=366285]

The development is defined by its focus on flexible living and long-term usability. Each residence includes multiple living zones and a customisable multipurpose room, allowing buyers to tailor spaces to suit changing needs, whether as a home office, additional bedroom, wellness area or entertainment space.

Architecturally, the townhomes emphasise natural light and spatial volume, with dual-aspect layouts and double-height living areas incorporated into the design. Interiors feature natural stone benchtops, premium appliances, and a neutral material palette intended to support everyday functionality rather than statement-driven finishes.

All residences are all-electric and include private lifts and secure double garages, reflecting a broader shift toward sustainability and future-focused housing in Melbourne’s established suburbs.

[smartcode_project:default project_id=150128 project_image_fid=366277]

Outdoor connections are also central to the offering, with a mix of private courtyards and terraces extending internal living spaces and integrating with the landscaped surrounds.

The Scott Grove address places Orchard Mews within close proximity to some of Melbourne’s key lifestyle and education amenities, including Scotch College, Sacré Cœur, Cabrini Hospital and the retail hub of Chadstone. Public transport access is also nearby, with trams and Gardiner Station providing connectivity to the CBD and surrounding suburbs.

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Construction to commence at luxury Glen Iris townhome project, Orchard Mews

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?

Multiplex has achieved practical completion at S P Setia's $600 million, dual-tower development on Melbourne's Exhibiton Street.

One tower is known as Sapphire by the Gardens, which comprises 325 apartments, while the other will be the future home for the 5-star Shangri-La hotel.

Sapphire by the Gardens, which rises 60 levels, was designed by Fender Katsalidis, who worked in collaboration with Cox Architects to create the striking buildings just off Carlton Gardens at the eastern end of Exhibition Street. 
 
The 61-level hotel is joined to the 60-level residential tower by a sky bridge on level 46. The sky bridge homes a number of amenities and a Sky Lounge for visitors and residents. It features a unique transparent ‘oculus’ glass floor with views into the UNESCO world heritage listed Royal Exhibition Building surrounding the Carlton Gardens and Port Phillip Bay.

[smartcode_project:default project_id=4470 project_image_fid=218304]

Beneath the two towers stands a mixed-use podium with spaces for resident recreational facilities, future hotel function, and above ground carparking.&nbsp;

Sapphire by the Gardens features exclusive resident facilities across two floors with a heated swimming pool, gymnasium, Sky Lounge, a cinema, karaoke room, chef’s kitchen and lounge with fireplace.

During construction Multiplex coordinated a unique purchaser upgrade which involved the installation of a $3 million supercar into the living room of the super-penthouse. The Sapphire by the Gardens super-penthouse has set the new benchmark for Melbourne property as the highest recorded apartment sale price in the city at around $39 million.

“We are thrilled to deliver this world-class precinct, and it is testament to the collaboration and determination of our team and subcontractors," Ross Snowball, Regional Managing Director of Multiplex, said.

"Constructing two towers simultaneously takes exceptional planning and management, especially when facing construction and engineering complexities like the iconic sky bridge, 46-storeys in the air. 
 
"This iconic development breathes new life into the CBD, and it’s set to become Melbourne’s next landmark.”

Construction of the unique sky bridge required innovative methodologies, with Multiplex creating a temporary protection deck beneath it to enable safe working access. This deck cantilevered out from the building and sat between two large trusses. The successful delivery of the sky bridge saw the project win the ASI 2022 National Award for Engineering Projects.&nbsp;

“The completion of Sapphire by the Gardens and the Shangri-La marks our fifth significant development within Melbourne", Datuk Choong Kai Wai, President and CEO of S P Setia, said.

"We are thrilled to see this iconic development come to life and stimulate thousands of local jobs during and after construction."

Construction of 308 Exhibition Street spanned a four and a half years, generating over 1,000 jobs, with more than 500 workers on site during peak periods.&nbsp;

[smartcode_project_cta:default project_id=4470]

Sapphire by the Gardens, which rises 60 levels, was designed by Fender Katsalidis, who worked in collaboration with Cox Architects to create the striking buildings

Multiplex achieved practical completion of S P Setia's Sapphire by the Gardens, Melbourne apartment tower

The development site of the <a href="/developments/edithvale-vic-3196">Edithvale off the plan apartment development</a>, Loft194, is up for sale.

The apartment complex comprises 16 one and two-bedroom apartments, just 170 metres from the beach, and less than 400 metres from Edithvale Station.

Apartments had been selling off the plan from $545,000.

The near 1,000 sqm site is being sold with the plans, and relevant approvals in place. There have been five sales in the building so far.

&nbsp;

Apartments had been selling off the plan from $545,000

Loft194 development site in Edithvale hits the market

Templestowe is soon to welcome a striking blend of contemporary modernist architecture with the new townhouse development, <a href="/new-townhouses/8-yolande-court-templestowe">Westerfolds Collection</a>.

Designed by Paul Shaw and Associates, <a href="/new-townhouses/8-yolande-court-templestowe">Westerfolds Collection</a> pays homage to the established residential signature and the lush, open landscapes of <a href="/developments/templestowe-vic-3106">Templestowe</a>.

Through a collaborative partnership with ClarkeHopkinsClarke, the <a href="/new-townhouses/8-yolande-court-templestowe">vision for the development</a> promises high-end living in one of the most coveted locations in the leafy neighbourhood.

[smartcode_project:default project_id=25566 project_image_fid=54340]

“The inspiration for <a href="/new-townhouses/8-yolande-court-templestowe">Westerfolds Collection</a> has been drawn from the existing open landscaped environment and generously proportioned homes that currently exist within Yolande Court and its surrounds,” Paul Shaw said.

Comprising a selection of three and four-bedroom homes, each residence exudes a sense of simplicity and sophistication. The architects have focused on imbuing the interiors with textural beauty and timeless appeal, utilising light-filled spaces to create a harmonious ambiance.

The use of light timber accents alongside complementary tones of light grey and earthy hues cultivates an aesthetic that perfectly harmonises with the lush surroundings.

The facades of the Westerfolds Collection resonate with the tree-lined streetscape, as brick and rendered finishes coalesce into a seamlessly integrated built form.

Nestled beneath the canopies of mature trees, the residences boast generously proportioned interiors that seamlessly transition into private, lush outdoor havens.

[smartcode_project:default project_id=25566 project_image_fid=54336]

The inclusion of landscaped walkways further enhances the inviting botanical environment that envelops the development.

Inside, residents are greeted by spacious living and dining zones, which are bathed in abundant natural light courtesy of expansive windows that offer private garden views.

Wide glass sliding doors open up to thoughtfully designed outdoor spaces, providing residents with the option for private relaxation or social engagement amidst nature.

[smartcode_project_cta:default project_id=25566]

Westerfolds Collection: Where modernist style meets nature in Templestowe

Marcopolo Property has hit a major milestone at their Moorabbin development Moor, securing 70 per cent of sales at the now completed development.

With its timeless and minimalist design, the development seamlessly blends into the surrounding public realm while incorporating contemporary features that make a bold modern statement.

[smartcode_project:default project_id=2551 project_image_fid=30764]

Moor comprises a mix of one, two and three-bedroom apartments, catering to a diverse group of buyers looking for flexible and comfortable living spaces.&nbsp;

Prices for the remaining residences begin from just $390,000, making them an attractive option for both first-time buyers and investors.

At the heart of the apartments' appeal lies the Italian designer kitchen, crafted with convenience and aesthetics in mind. The space is designed to facilitate a connected experience, effortlessly transitioning from cooking to dining to relaxation, equipped with fully integrated European appliances and stylish dining joinery.

[smartcode_project:default project_id=2551 project_image_fid=30768]

The apartments boast intelligently designed interior spaces that prioritise comfort in every condition. The living areas are adorned with chevron-pattern timber flooring and elevated ceilings measuring 2.65-metres.

But it's not just the aesthetics that set these apartments apart; innovation plays a key role too. Residents have the luxury of controlling climate, lighting, and music from the convenience of their smartphones via the Wi-Fi system, adding a touch of modern sophistication to daily living.

[smartcode_project_cta:default project_id=2551]

Moor comprises a mix of one, two and three-bedroom apartments, catering to a diverse group of buyers looking for flexible and comfortable living spaces

Moorabbin's Moor Apartments hit 70% sold

Indio, a collection of six bespoke residences, offers a luxurious and spacious living experience in the heart of Caulfield North.

Architect David Orlanski designed Indio, in collaboration with Steven Berton who handled the interiors of the Hawthorn Road development.

Indio's six homes boast generously sized master bedrooms complete with en-suite bathrooms. The high ceilings create a sense of openness and grandeur throughout, while the large open living and dining areas provide ample space for relaxation and entertainment.

[smartcode_project:default project_id=105004 project_image_fid=168406]

Each home also adjoins to spacious outdoor areas, blurring the lines between indoor and outdoor living.&nbsp;

Indio's prime location adds to its allure. Situated in the sought-after suburb of Caulfield North, residents are spoilt for choice with Caulfield Park and various vibrant retail strips just a short stroll away.

[smartcode_project:default project_id=105004 project_image_fid=168405]

The location also boasts prestigious educational institutions like Caulfield Grammar and Shelford Girl's Grammar, making it ideal for families, while Caulfield Racecourse and Monash University are also within easy reach.

Transportation options abound, with a host of public transport choices available on the doorstep of Indio, while the CBD is just a short drive away.

[smartcode_project_cta:default project_id=105004]

Each home also adjoins to spacious outdoor areas, blurring the lines between indoor and outdoor living

Inside the Caulfield North townhouse development Indio

The Auburn has been one of Hawthorn's most striking residential buildings since it was completed to designs by Splinter Society in 2021.

The boutique Auburn Road project has just 13 residences across three levels. The focus was on creating natural light-filled apartments with spacious floorplans.

The two and three-bedroom apartments feature integrated gas fireplaces in the open plan living spaces which feature full-length windows that allow for maximum natural light.

[smartcode_project:default project_id=8889 project_image_fid=72425]

The kitchens at The Auburn are adorned with Nordic Vein granite benchtops, along with fully integrated Miele appliances, while bespoke joinery, bench seating, linear textural feature walls, and concealed doors deliver further understated luxury and practicality.&nbsp;

The kitchens open to&nbsp;large private balconies or courtyards, creating a seamless transition between indoor and outdoor living.

Located just six kilometres east of Melbourne's bustling CBD, The Auburn benefits from a prime position in Hawthorn, surrounded by a wealth of enviable amenities, many of which are within easy walking distance.

[smartcode_project:default project_id=8889 project_image_fid=72427]

Auburn station lies just six stops away, providing swift access to the heart of the city, while residents can also opt for any of the six tramlines available, allowing them to explore attractions like The Royal Botanical Gardens and St Kilda Road Arts Precinct.

The charm of the historic Auburn Village awaits residents with a pleasant tree-lined stroll. Nearby Glenferrie Road bustles with a diverse array of cafes, restaurants, fashion boutiques, and essential services.

The locale is also renowned for housing Melbourne's finest schools and universities, picturesque parks and gardens, and is bordered by the prestigious neighbourhoods of Richmond, Camberwell, Kew, and Kooyong.

Embracing eco-friendliness, The Auburn also utilises the latest technology, incorporating solar panels and a Tesla Powerwall battery to provide lighting and power to common areas.

The boutique Auburn Road project has just 13 residences across three levels. The focus was on creating natural light-filled apartments with spacious floorplans

Inside Splinter Society's striking Hawthorn apartment development, The Auburn

Builder developer Alumuna is forging ahead with its <a href="/developments/bentleigh-east-vic-3165">Bentleigh East townhouse development</a>, Easton Place.

Located next door to the heart of <a href="/developments/bentleigh-east-vic-3165">Bentleigh East</a> Village on East Boundary Road, Easton Place comprises&nbsp;just 11 contemporary and spacious townhouses been designed by Brayshaw Architects.&nbsp;

[smartcode_project:default project_id=113055 project_image_fid=201700]

The remaining townhouses span from&nbsp;281 sqm through to&nbsp;404 sqm, each with four-bedrooms, four-bathrooms and either two or three car spaces.

The exteriors of Easton Place townhouses are a testament to timeless designer architecture. The integration of facade elements and symmetrical recessed balconies showcase the contemporary styling while harmoniously blending into the leafy streetscapes of <a href="/developments/bentleigh-east-vic-3165">Bentleigh East</a>.

The monochromatic tones add a touch of sophistication, making these townhouses stand out in the charming village environment.

Internally, natural stone benchwork, oak timber floors, plush carpet, brushed tapware, and bespoke laminated joinery feature throughout, with the&nbsp;well-appointed kitchens, equipped with sleek European appliances.

Privacy and relaxation are paramount in these residences. Four generously sized bedrooms offer peaceful retreats, and the four sleek bathrooms boast premium fixtures and fittings. The open-plan living spaces provide an abundance of natural light, seamlessly connecting indoor and outdoor areas.

[smartcode_project:default project_id=113055 project_image_fid=201699]

One of the most alluring features of Easton Place townhouses is the large private courtyard, perfect for family barbecues, quiet reading time, or unwinding with a drink after a long day. Not to mention the ample secure basement car parking, ensuring residents have peace of mind when it comes to their vehicles.

Easton Place's central location is another significant draw. Residents are just footsteps away from a vibrant array of shopping options, open parklands, high-quality recreational facilities, and medical services. Access to exceptional educational institutions further enhances the development's appeal to families.

[smartcode_project_cta:default project_id=113055]

Located next door to the heart of Bentleigh East Village on East Boundary Road, Easton Place comprises just 11 contemporary and spacious townhouses been designed by Brayshaw Architects

In the heart of Bentleigh East: Doorstep convenience at Easton Place townhouse development

De Novo, Latin for a new, or from the beginning, was the first <a href="/developments/brunswick-east-vic-3057">Brunswick East apartment development</a> by local developer A&amp;O Projects.

The 7-star energy rated building, completed in 2017, comprises just 44 apartments on Gamble Street, conveniently located next to <a href="/developments/brunswick-east-vic-3057">East Brunswick</a> Village.

Designed by the architects at SGKS, the one and two-bedroom apartments sit above two street-level retail tenancies.

[smartcode_project:default project_id=2025 project_image_fid=31585]

Each apartment at De Novo showcases a well-planned layout. The open-plan living and dining zone seamlessly connect to the balconies, creating an expansive and light-filled area.

The kitchens are complete with a stone benchtop, SMEG appliances, and a dishwasher, while addition study space within the apartments further extends the living space within each.&nbsp;The modern bathroom, featuring Euro laundry facilities, adds to the overall practicality and functionality of the residences.&nbsp;

De Novo Apartments are nestled in a quiet cul-de-sac location, presenting a tranquil retreat within easy reach of the vibrant offerings of East Brunswick, with local schools, restaurants, cafes, parks, and public transport within walking distance from the site.

[smartcode_project:default project_id=2025 project_image_fid=31587]

Drawing inspiration from the neighbourhood's rich manufacturing history and mid-century design cues, De Novo's aesthetic showcases art deco influences, evident in its horizontal steel-framed windows, metalwork balustrades, and brickwork.

Unlike many oversized apartment projects, De Novo has intentionally retained a residential scale to harmonise with its low-rise neighbours. The building's terraced form, stepping back from the site's perimeter, also accommodates hanging gardens and planter boxes.

[smartcode_project_cta:default project_id=2025]

The 7-star energy rated building, completed in 2017, comprises just 44 apartments on Gamble Street, conveniently located next to East Brunswick Village

Inside Brunswick East apartment development De Novo

Mooroolbark, a blossoming suburb in Melbourne's Yarra Ranges, is set to welcome a new style of living with the completion of HC Global's Mt. View Residences later this year.

The development, comprising 26 townhomes, has been thoughtfully designed to capture views of the majestic Mt. Dandenong, while offering residents a sanctuary that caters to their lifestyle needs.

[smartcode_project:default project_id=104193 project_image_fid=187050]

The Mt. View Residences span three levels and sit in landscaping designed by the renowned John Patrick Architects. The landscape architects have taken a considered approach to ensure that the landscape elements play a pivotal role in enhancing the living experience for residents, with private outdoor spaces and connective common areas.

The common areas within the development have been designed with raised planters and a variety of canopy trees, creating a harmonious blend of nature and architecture. These elements soften the overall presentation of the buildings, instilling a feeling of privacy and calm for the residents.

The interplay between soft greenery, natural light, and sheltered decked areas further enhances the serene ambiance of the surroundings.

Located in a quiet pocket near the station, the three, four, or five-bedroom townhouses bring a fresh and contemporary aesthetic to Mooroolbark. The clean lines and modern finishes of the development evoke a sense of elegance and sophistication, while still embracing the essence of Australian suburban living.

[smartcode_project:default project_id=104193 project_image_fid=187124]

Each townhome offers generous living spaces that seamlessly integrate with the outdoors through expansive windows overlooking the gardens.&nbsp;

The heart of every home is the kitchen, with the open-plan spaces featuring generous cooking areas and a combination of stone benches and timber laminate cupboards. The bathrooms also exude a sense of tranquility, with soft colours coupled with mirrored vanity cabinets reflecting the natural light throughout.&nbsp;

Two, three and four-bedroom floorplans are still available, spanning from&nbsp;94 sqm to&nbsp;151 sqm. The homes are priced from&nbsp;$595,000 with each benefitting from either one or two car spaces.&nbsp;

[smartcode_project_cta:default project_id=104193]

The development, comprising 26 townhomes, has been thoughtfully designed to capture views of the majestic Mt. Dandenong, while offering residents a sanctuary that caters to their lifestyle needs

Mt View Residences: Embracing tranquility and modern living in Mooroolbark

GALERIE, the latest Glen Iris apartment development by LDS Property, is following its development timeline to a tee following its launch last September.

The project of just 29 two and three-bedroom apartments, secured over 40 per cent of sales before it kicked off its build a few months ago. It had early success in the market from local downsizers and empty nesters who wanted to stay in the Glen Iris postcode, but hadn't found the right downsizer product.

The High Street block, being built by award-winning construction company lurada, is expected to be completed by the end of 2024.

In a sign of confidence, a buyer opted to amalgamate two of the top floor apartments to create one large apartment which sold for just over $4 million, setting a suburb record in the process.

One of the other top floor apartments was also bought by a close friend of the developer.

There's been nearly $11 million worth of sales in the boutique project since Projects by Buxton launched the project less than 12 months ago.

[smartcode_project:default project_id=112375 project_image_fid=213649]

<h2>The Design</h2>

The low-rise building has been designed by Ewert Leaf, and sits in landscaping by John Patrick Landscape Architects.

Ewert Leaf Director Will Leaf said the inspiration behind GALERIE was born from an undeniable love of art.

"GALERIE is a curated collection of luxury residences where residents are privy to a world-renowned collection of private artworks, innovative architecture, and lush outdoor spaces," Leaf said.

The dynamic asymmetrical facade of GALERIE adds a unique touch to the High Street streetscape, combining brick, timber, and concrete, while cascading greenery softens the building's form.

<h2>The Apartments</h2>

The two, and three-bedroom apartments boast expansive landscape courtyards or elevated balconies, offering views of the metropolitan area.

[smartcode_project:default project_id=112375 project_image_fid=213650]

The open-planned living spaces have been designed to seamlessly integrate with the surrounding landscape through large windows and sliding doors, providing residents with a direct connection to nature.

The gallery-style lobby welcomes residents with a bespoke Chaumet Chandelier and textured walls adorned with a curated private collection of world-class artworks.

<h2>The Location</h2>

GALERIE is located at 1538-1540 High Street, a 1,825 sqm site which was secured by LDS in 2021.&nbsp;

Near the High Street and Burke Road intersection, GALERIE is set at the residential area of High Street, offering easy access to the Monash Freeway and Glen Iris Park and Wetlands.

The High Street tram runs past the development, while the Glen Iris Train Station is just 700 metres away.

[smartcode_project:default project_id=112375 project_image_fid=213657]

Gardiners Creek is 850 metres away, Central Park 600 metres, and the Harold Holt Swim Centre 450 metres from the front door.

GALERIE is also in close proximity to&nbsp;some of Melbourne’s most exclusive education institutions such as Sacre Coeur and Korowa Anglican schools, and the internationally renowned Monash University Caulfield Campus.

[smartcode_project_cta:default project_id=112375]

The High Street block, being built by award-winning construction company lurada, is expected to be completed by the end of 2024

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