Queensland builder-developer MAYD has revealed the first look at its major North Kirra beachfront development, lodging amended plans that reduce the number of apartments and increase the proportion of larger residences.

The project is planned across a substantial 4,742 sqm amalgamated site spanning seven lots at <a href="https://www.apartments.com.au/new-apartments/2-6-pacific-parade-bilinga-qld-4225">2-6 Pacific Parade</a> and 27-33 Golden Four Drive in Bilin​ga, directly opposite Nor​th Kirra Beach.

<a href="https://www.apartments.com.au/developers/mayd-group">MAYD</a> secured the site for $32.5 million in 2025, in what was one of the Gold Coast's largest property transactions of the year.

The development will be delivered across two stages, with the first stage carrying an estimated gross realisation value of around $360 million.

The latest amendments seek to reduce the overall apartment count and shift the project further toward the owner-occupier market, with larger residences designed for buyers wanting considerably more space than traditionally offered in a beachfront apartment.

The residential mix will include townhomes, oversized two-bedroom apartments, substantial three-bedroom residences and four-bedroom homes.

MAYD has appointed Cera Stribley to lead the architecture and interiors, with the Melbourne-based design practice drawing on the beachfront setting through a series of ocean-facing terraces and heavily landscaped balconies.

Strong horizontal forms and curved balconies will define the exterior, with subtropical landscaping integrated throughout the building to soften the built form and increase the connection between the residences and the beachfront.

The project will also include an extensive collection of resident wellness and lifestyle facilities, continuing the broader shift across the Gold Coast's luxury apartment market toward larger homes supported by resort-style amenity.

<img alt="MAYD" data-entity-type="file" data-entity-uuid="d1bcbb05-e659-4b47-8bd4-1e595315e2ad" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-27%20at%202.05.03%E2%80%AFPM.png?VersionId=jj0XEud1X1DuLt7_KyElhjMdZGOXmLHP" />

MAYD Founder Todd Mould said North Kirra was increasingly appealing to buyers attracted to the more established, lower-density character of the southern Gold Coast.

"North Kirra presents one of the most compelling luxury residential opportunities currently emerging in Australia, combining absolute beachfront with the character and authenticity that buyers are increasingly seeking, and the same sense of tight-knit community that defined Burleigh and Currumbin perhaps 10 or 15 years ago," Mould said.

"With Gold Coast Airport on its doorstep, it also offers a level of accessibility that broadens its appeal across almost every market demographic."

The project comes as the southern Gold Coast continues to attract an increasing share of high-end apartment development and buyer activity.

Kirra in particular has emerged as one of the region's more tightly held beachfront markets, with its relatively low-density character, established surf and hospitality scene and proximity to Gold Coast Airport differentiating it from the higher-density markets further north.

Mould said those characteristics had informed the approach MAYD and Cera Stribley had taken to the project.

"We've worked closely with Cera Stribley to create a vision that is deeply connected to its surroundings," he said.

"Inspired by the coastline itself, the architecture has been shaped around space, privacy and resort-style living, creating a collection of homes that reflects the next generation of luxury on the southern Gold Coast."

MOTIV Managing Director Carly Cottam, who has been appointed to market the project, said buyer attention had continued to move south along the Gold Coast.

"Purchasers who may once have defaulted to Broadbeach, Main Beach or Surfers Paradise are increasingly recognising the value of a genuine beachfront location that offers lower density, strong amenity and a more established sense of community," Cottam said.

"Kirra has a powerful combination of growing demand and genuine scarcity. Beachfront supply is inherently constrained, the area remains relatively low density, and buyers are increasingly placing a premium on locations that feel established, uncrowded and authentic rather than heavily developed."

Cottam said the proximity to Gold Coast Airport was also proving increasingly important for interstate and second-home buyers.

"Being minutes from Gold Coast Airport makes it particularly compelling for interstate buyers, frequent travellers and second-home purchasers who can access an authentic coastal lifestyle almost immediately after stepping off a flight."

The acquisition takes MAYD's active development portfolio to more than $500 million, with the North Kirra project representing one of its largest undertakings to date.

MAYD is targeting an early 2027 launch.

Joel Robinson

First look at MAYD's North Kirra mixed-use precinct

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Castle Hill, the longtime hub of the Hills District, has been one of the major beneficiaries of Sydney's Metro expansion, with improved connectivity helping drive continued population growth, development and buyer demand across the Hills District.

But despite that growth, the suburb has seen relatively few major new apartment projects brought to market over the past 18 months.

Hills District developer Reve Group is looking to fill that gap with <a href="https://www.apartments.com.au/new-apartments/nova-r-ve-castle-hill-2-garthowen-crescent-castle-hill-nsw-2154">Nova Rêve</a>, a major new mixed-use precinct on the corner of Garthowen Crescent and Old Castle Hill Road, a short walk from Castle Hill Metro Station and Castle Towers.

[smartcode_project:default project_id=152737 project_image_fid=377679]

The project will comprise three residential towers alongside a hotel, restaurants, cafes and a skybar, more than 1,600 sqm of ground-floor retail and almost an acre of landscaped gardens.

It represents the largest project undertaken by Reve Group, the development arm of the Kassis family, which has been building across the Hills District for more than 30 years through Kassis Homes.

[smartcode_project:default project_id=152737 project_image_fid=377675]

Nova Rêve also represents a significant step up from the family's first apartment development, Grand Rêve, which was delivered nearby on Garthowen Crescent.

Grand Rêve introduced larger, house-like apartment layouts and premium inclusions including Wolf and Sub-Zero appliances to the Castle Hill market.

Nova Rêve takes that approach to a precinct scale, combining the residential component with hospitality, retail and substantial public and resident landscaping.

[smartcode_project:default project_id=152737 project_image_fid=377685]

Reve Group Managing Director Sam Kassis said the project reflected the family's three decades of building in the Hills, which has evolved from trophy homes on quarter-acre blocks to larger-scale apartment development.

"Grand Rêve was our first apartment project here and it showed us what this pocket of Castle Hill could be. Nova Rêve is the refinement of that idea: not just apartments, but a place the whole suburb can use," Kassis said.

A key part of that approach is the hotel, which has been designed to operate as an amenity for the wider Castle Hill community rather than solely hotel guests.

It will include restaurants, cafes, skybars and all-day dining, alongside conference and event facilities catering to business functions, community groups and private events.

At ground level, more than 1,600 sqm of shops and cafes will open onto the surrounding streets and landscaped areas.

Almost an acre of gardens designed by Land and Form Studios will run through the precinct, incorporating pathways, seating, barbecue areas and children's play spaces.

[smartcode_project:default project_id=152737 project_image_fid=377680]

Reve Group's Romio Georges said creating an active ground plane had been central to the planning of Nova Rêve.

"There are gardens with pathways, barbecues, seating and play areas, shops and cafes opening onto the street, and a hotel with restaurants and a skybar that anyone in Castle Hill can walk into," Georges said.

The project's elevated position on one of Sydney's highest ridgelines will also provide apartments with outlooks toward the Sydney skyline, surrounding parkland and the Blue Mountains.

More than 80 per cent of the apartments will occupy corner positions, with Turner responsible for both the architecture and interiors.

&nbsp;

[smartcode_project_cta:default project_id=152737]

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Nova Rêve arrives as Reve Group bets on Castle Hill's next growth phase

A collection of just 25 large-format apartments and penthouses overlooking Goodwin Park is entering the Coolangatta market, with <a href="https://www.apartments.com.au/new-apartments/marea-residences-coolangatta-27-27a-dixon-street-coolangatta-qld-4225">Maréa Residences</a> combining a low-density, residential-only approach with uninterrupted park and Pacific Ocean outlooks.

Located at 27 Dixon Street, Maréa comprises three and four-bedroom residences alongside a limited number of dual-level penthouses, with the project positioned between Goodwin Park and <a href="https://www.apartments.com.au/developments/coolangatta-qld-4225">Coolangatta</a>’s coastal precinct.

Construction has commenced, with completion currently estimated for late 2027. Three-bedroom residences are priced from $1.8 million.

[smartcode_project:default project_id=150999 project_image_fid=374005]

The project has been designed around its northern outlook across the park, with the building’s architecture, landscaping and material palette intended to establish a connection with the neighbouring green space. The residences have been configured to maximise natural light and views across Goodwin Park towards the ocean.

Inside, the material palette incorporates timber, stone and brushed brass, complemented by curved detailing and ambient lighting. Kitchens and bathrooms carry the same natural material approach, while residences also include basement parking, storage and lift access.

Maréa’s penthouses are arranged over two levels and include private pools, adding another layer to the project’s focus on larger-format apartment living. Across the development, residences are configured with three or four bedrooms rather than the broader mix of smaller apartment types commonly found in larger projects.

[smartcode_project:default project_id=150999 project_image_fid=374010]

Resident amenity is concentrated at rooftop level, where landscaped entertaining terraces and pools take advantage of elevated views across Coolangatta and the Pacific Ocean.

The project has so far been particularly well received by local owner-occupiers and downsizers, according to Urban Activation Property Sales and Marketing Director Matt George, with the residential-only format, construction quality and northern park outlook among the features resonating with purchasers.

“The uninterrupted northern aspect overlooking Goodwin Park has been a key point of difference, with buyers attracted to the sense of serenity and open space the park provides, while still enjoying easy access to the ocean and being within walking distance of the lifestyle and amenities Coolangatta has to offer,” George said.

[smartcode_project:default project_id=150999 project_image_fid=374002]

“The combination of high-quality construction, a residential-only building, park outlook and proximity to the beach has resonated strongly with the local downsizer market.”

The Dixon Street address is within walking distance of Coolangatta Beach and the broader southern Gold Coast coastline, including the surf breaks at Snapper Rocks and Kirra. Coolangatta’s cafés, restaurants and retail are nearby, while Gold Coast Airport is also within close proximity.

[smartcode_project_cta:default project_id=150999]

Maréa Residences brings parkside apartments to Coolangatta

Melbourne developer PDG has secured Victorian Government approval for its $1.5 billion Southbank development <a href="https://www.apartments.com.au/new-apartments/the-one-1-queens-bridge-street-southbank-vic-3006">The One</a>, clearing the way for the long-dormant riverfront site opposite Crown to finally be developed.

The Minister for Planning has approved the project at 1-29 Queens Bridge Street, with the Department of Transport and Planning issuing the planning permit following its assessment.

The approval will allow PDG to develop the prominent 5,059 sqm site with a major mixed-use tower comprising premium apartments, including branded residences, a luxury hotel and boutique office space.

PDG acquired the site in late 2024, with its position directly opposite Crown's main entrance and near Melbourne's Arts Precinct making it one of Southbank's most significant remaining development opportunities.

<img alt="PDG" data-entity-type="file" data-entity-uuid="3933013e-6332-4386-b9be-089df05caf17" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-27%20at%209.29.22%E2%80%AFAM.png?VersionId=sITIgBqDL0N3VNSMwWEmF5UA.uvcsRyu" />

Designed by COX in collaboration with ODO and PDG, the tower's architecture draws on the movement of the Yarra River, with six vertical pleats running the height of the sculpted facade.

The project will also see the heritage-listed Queens Bridge Hotel restored and incorporated into the development&nbsp;with new hospitality and public uses, including a rooftop venue.

A significant component of The One will be its residential amenity.

More than 5,000 sqm of resident facilities will be delivered across a single level, making it one of the largest consolidated residential amenity offerings proposed in an Australian apartment development.

The planning approval also incorporates a major upgrade of Queensbridge Square, which PDG will deliver in partnership with the City of Melbourne.

<img alt="PDG" data-entity-type="file" data-entity-uuid="73167fcd-1031-4b6f-a408-a064cfe45ed1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-27%20at%209.29.17%E2%80%AFAM.png?VersionId=Pf1AEWxw6SNmBqR0zQW5lyEze.MtxgFp" />

The existing square will be revitalised as a new civic and pedestrian space along the Yarra River, strengthening the connection between the project, Southbank and the riverfront.

PDG Founder and Managing Director Vince Giuliano said the approval represented a major milestone for a site which has remained largely underutilised for more than 15 years.

“This is the most significant Planning Permit approval Melbourne has seen in recent years,” Giuliano said.

“For more than 15 years, this site has remained underutilised. This approval enables us to deliver a project that will contribute meaningfully to the revitalisation of Southbank, restore and reactivate an important heritage building, and create a new civic and hospitality destination for Melbourne.”

The latest approval follows an earlier planning permit issued by the City of Melbourne covering demolition works across part of the site at 9-29 Queens Bridge Street. Those demolition and early works are already underway.

PDG has also started generating early interest in the residential component from owner-occupiers ahead of a planned public launch in early 2027.

PDG secures approval for $1.5bn Southbank apartment development, The One

Local developer Harridan is seeking to turn its Woolloongabba apartment project into the first stage of a broader transformation of Burke Street, using a new 16-storey mixed-use building to establish a greener pedestrian connection toward the rapidly evolving Boggo Road transport and knowledge precinct.

The South East Queensland developer has filed plans for 154 apartments on the <a href="https://www.apartments.com.au/new-apartments/4-burke-street-woolloongabba-qld-4102">southern side of Burke Street</a>, where its proposal has been designed alongside a wider vision by LatStudios for the street.

That vision positions the southern side of Burke Street for buildings of 15 storeys and above, while envisaging lower-rise development of up to five storeys on the northern side to transition into Woolloongabba's existing character housing. It also proposes wider pedestrian verges, deep planting, new street trees and upgrades to the pedestrian approach to Boggo Road Station.

The Harridan development itself has been designed by Brisbane-based Arqus Design and will comprise 154 apartments across 16 storeys. The mix is weighted heavily toward two-bedroom apartments, with 121 proposed alongside 10 one-bedroom and 23 three-bedroom residences. There will typically be around 14 units per floor.

A lower-ground car park and three podium levels will accommodate 156 resident parking spaces, along with visitor and commercial parking. There will also be 154 resident bicycle spaces and 40 visitor bicycle parks.

&nbsp;

Harridan is a family-owned developer and part of the Holmwood Highgate Group, with more than three decades of development activity across South East Queensland. Its portfolio spans residential, commercial and industrial property, with current residential projects including Riverbank on Byron in Bulimba, Esperance Residences in Carina and The Precinct at Kinross Road in Thornlands.

Wooloongabba has been popular for apartment developers, particularly since the announcement of the 2032 Summer Olympics games in Brisbane.

While there have been a lot of development applications, it has failed to materialize into real supply.&nbsp;

Sarazin has been the major player in the area. They are under construction at Murcia Residences, on the fringe of East Brisbane and Woolloongabba. They have just launched <a href="https://www.apartments.com.au/new-apartments/the-stanley-residences-woolloongabba-8-trafalgar-street-woolloongabba-qld-4102">The Stanley Residences</a>, in Woolloongabba on Trafalagar Street. They also have Nuage coming soon on the nearby <a href="https://www.apartments.com.au/new-apartments/nuage-woolloongabba-14-wellington-road-woolloongabba-qld-4102">Wellington Road</a>.

First look: Harridan plans Burke Street transformation beside Boggo Road transport hub

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?

<a href="https://www.apartments.com.au/developers/far-east-consortium">Far East Consortium</a> is preparing to commence construction on <a href="https://www.apartments.com.au/new-apartments/640-bourke-street-melbourne-640-bourke-street-melbourne-vic-3000">640 Bourke Street</a> this October, marking the next milestone for the Melbourne CBD development and its higher-end Eliza Collection.

Spanning levels 44 to 68 of the 68-storey <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a>-designed tower, the Eliza Collection has been conceived as a lower-density offering within the broader development, with only five apartments on each floor, dedicated lift access and a collection of resident spaces reserved exclusively for Eliza Collection residents.

The Eliza Collection forms part of Far East Consortium's broader move toward larger-format residences at 640 Bourke Street, where the number of apartments was reduced from earlier plans as apartment sizes increased.

[smartcode_project:default project_id=509 project_image_fid=365685]

"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," Far East Consortium Director of Sales and Marketing Lauren Sheldon said.

Rothelowman Associate Jun Chang said the design process provided an opportunity to create more generous floorplans.

"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."

[smartcode_project:default project_id=509 project_image_fid=368869]

That thinking carries through to the Eliza Collection, where the residences have been designed around the space and functionality associated with a larger home, but positioned high above the centre of Melbourne.

Kitchens are equipped with Gaggenau appliances, a butler's pantry, temperature-controlled wine cabinet and sculptural pendant lighting, while engineered timber flooring, stone and porcelain finishes and custom cabinetry feature throughout the broader interiors.

Privacy and security are another point of distinction. Eliza Collection residents have dedicated lift access, while 640 Bourke Street will provide concierge services and secure resident parking. Short-stay accommodation, including Airbnb, will not be permitted within the development.

[smartcode_project:default project_id=509 project_image_fid=365689]

Eliza Collection residents will also have exclusive access to selected amenity spaces across levels one and three of the restored Eliza Tinsley building. These include the Salon with grand piano, an art therapy room, private dining rooms and treatment rooms.

They sit within more than 3,000 sqm of amenity planned across 640 Bourke Street, alongside facilities including a pool, gym, whisky lounge and further social and wellness spaces.

The Eliza Tinsley building itself is central to the wider project's identity. Rather than treating the existing Eliza Tinsley façade as a separate element, Rothelowman used it as a starting point for the architecture of the new tower, with the historic building to accommodate the project's gallery and lobby.

"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=368872]

The tower will rise behind the retained heritage building at 640 Bourke Street, placing residents within walking distance of Southern Cross Station, Flagstaff Gardens, Queen Victoria Market and the Docklands waterfront.

With construction scheduled to begin in October, Far East Consortium has established an onsite display gallery at 640 Bourke Street, including fully built apartments that allow the project's layouts, materials and finishes to be inspected at full scale.

A fully built Eliza Collection apartment is also available to view at the display suite by appointment ahead of the planned October construction commencement.

Eligible purchasers who buy before construction commences can secure the full available off-the-plan stamp duty savings, subject to eligibility and applicable conditions.

[smartcode_project_cta:default project_id=509]

Far East Consortium brings Eliza Collection to 640 Bourke Street ahead of October construction start

Central Equity's $450 million FOCUS offers a completed and ready-to-move-in option for buyers in the heart of Southbank.

The award-winning developer, who primarily create projects in Melbourne's city and surrounds, had Multiplex handle the build for what was the 19th project they'd worked together on in Central Equity's longstanding portfolio.

Central Equity Chairman Eddie Kutner said the duo worked together to ensure the tower transitioned from a building site into people’s homes.&nbsp;

“FOCUS provides residents with luxury, spacious living in a premium Southbank location, with over 1100 sqm of residential amenity,” Kutner said.&nbsp;

[smartcode_project:default project_id=3260 project_image_fid=214232]

The glazed high-rise tower features an innovative tri-colour window wall system, with pre-fabricated aluminium slab edge covers overhanging from the facade.

The modularised podium façade helps blend Focus seamlessly with the surrounding existing heritage buildings on City Road.

The development has proved a popular choice among locals who want to remain near the city while enjoying a neighbourhood feel.

[smartcode_project:default project_id=3260 project_image_fid=206134]

The 50-level building, comprising a mix of one, two and three-bedroom apartments, places residents on the doorstep of the arts precinct and its upcoming $1.7 billion revamp, while also being just over two-kilometres from the CBD.

Central Equity had Doig Architecture design FOCUS, with each apartment featuring 2.7m-high ceilings, floor-to-ceiling windows and balconies.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" src="https://www.youtube.com/embed/U6ZVPiKq86E" title="YouTube video player" width="560"></iframe>

Central Equity's Sales Manager Neil Singh said when the designs were drawn up for FOCUS, the team wanted the apartments to feel like true city homes.

"Our designs have elevated 2.7m high ceilings, which makes a big huge difference in apartment living," Singh says.

[smartcode_project:default project_id=3260 project_image_fid=214235]

“Apartments also include private balconies and many designs include a separate study area. So they’re a fantastic choice for students or city professionals who need a home office.”

FOCUS features extensive resort-style facilities, including a 17-seat luxe theatre, an indoor heated pool, sauna, a gym with strength and cardio zones, and resident dining and lounge areas complete with landscaped terraces, barbecues and outdoor seating.

One, two and three-bedroom apartments can still be purchased in the Southbank tower, with prices starting from&nbsp;$589,000.

[smartcode_project_cta:default project_id=3260]

The development has proved a popular choice among locals who want to remain near the city while enjoying a neighbourhood fee

Buyer Handbook: A buyer's guide to Central Equity's Southbank development, FOCUS

Melbourne developer Dahua Group completed their striking Hawthorn Park development, with Melbourne's first ever suspended sky pool, in 2021.

They put together a great project team, architecture firm Rothelowman, landscaper Jack Merlo, and builder Hickory, for the Hawthorn East project, which was inspired by&nbsp;Machu Picchu, a UNESCO World Heritage site nestled high in the Peruvian Andes.

Rothelowman aimed to capture the essence of the ancient Incan ruins' harmonious integration with nature, and they successfully translated this vision into the vibrant design of Hawthorn Park.

Situated on an expansive 1.2-hectare site, Hawthorn Park boasts lush green spaces, curated gardens, and a central courtyard reminiscent of Machu Picchu's terraced landscapes.

[smartcode_project:default project_id=3730 project_image_fid=195894]

The use of natural materials, such as stone and timber, further enhances the development's organic aesthetic, seamlessly blending with the surrounding environment.

Step inside the thoughtfully crafted homes, and residents are greeted by open-plan living areas flooded with natural light. Expansive floor-to-ceiling windows not only provide views of the surrounding greenery but also create a seamless connection between the indoors and outdoors.

The residences at Hawthorn Park boast premium finishes and fixtures, showcasing the utmost attention to detail. Designer kitchens, complete with top-of-the-line appliances, and luxurious bathrooms featuring stone accents, add a touch of sophistication to every living space.

Hawthorn Park offers an array of world-class amenities designed to enrich the lifestyles of its residents.

[smartcode_project:default project_id=3730 project_image_fid=195902]

The centrepiece of the development is a glass-bottomed swimming pool that spans between buildings and over the plaza, creating a spectacular front door to the project while also serving as the location for the comprehensive resident amenity floor.

Rothelowman Senior Associate Frances Hall said it was the feature of the development they were most looking forward to seeing.

For those who appreciate the finer things in life, Hawthorn Park features an exclusive residents' lounge, perfect for hosting social gatherings or simply unwinding after a long day. Additionally, beautifully landscaped gardens and barbecue facilities provide ample opportunities for outdoor recreation and entertainment.

[smartcode_project:default project_id=3730 project_image_fid=215618]

Within close proximity, residents can explore the vibrant retail and dining precincts of Camberwell, Glenferrie Road, and Hawthorn, offering an abundance of options for shopping, entertainment, and culinary delights.

Transportation is a breeze, with Hawthorn Park conveniently located near several tram and train stations, providing seamless connectivity to Melbourne's CBD and surrounding areas, while the prestigious schools and universities in the vicinity make it an ideal location for families seeking educational excellence.

One, two and three-bedroom apartments are remaining in the development, with prices for a one-bedroom apartment starting from $666,000.

[smartcode_project_cta:default project_id=3730]

Dahua pulled together a great project team, architecture firm Rothelowman, landscaper Jack Merlo, and builder Hickory, for the Hawthorn East project, which was inspired by Machu Picchu



Buyer Handbook: Dahua Group's Hawthorn Park in Hawthorn East

Late last year MONNO Projects launched its once-in-a-generation development, Stella Maris, on the outskirts of the Geelong.

Stella Maris, set on a prime three-acre waterfront block in Rippleside which had been owned by the Sisters of Mercy and the MacKillop Family Services for over a century, has provided a new form of living in the growing area.

Recognising the rarity of the project and the quality of the development team, the distinctive project is already 50 per cent sold, which MONNO Senior Development Manager CJ Koay says is an incredible achievement in the current market.

Urbis calculated in their Q1 2023 report that only five per cent of available stock on the market in Melbourne sold in the first quarter of 2023, the lowest sale to available stock percentage across the country. Comparably Sydney saw nine per cent of its available stock sell, and the Gold Coast and Brisbane closer to 20 per cent.

Koay attributes Stella Maris' success to the project's uniqueness.

[smartcode_project:default project_id=136222 project_image_fid=213722]

"It's an unrepeatable project in an unrepeatable location," Koay says, adding that they could have made the project denser, but to create a luxury product such as Stella Maris, part of that is the landscaped surroundings and generous space within the grounds.

The project comprises 52 apartments and three townhouses across four striking buildings designed by Rothelowman. At the heart of the development is St Helens Estate, an 1848 stately mansion with a contemporary rear addition on a 3,000 sqm subdivided allotment designed by Carr, complemented by landscape design from Acre. The once-in-a-generation residence is slated for a very exclusive release Q4 2023

"We've brought our expertise in curating and delivering quality development to Geelong, and matched that smarts and attention to detail with a location which will be incredibly difficult to replicate, and that's resonated with buyers," Koay added.

The majority of buyers at Stella Maris, particularly those securing the higher-priced stock, have come from the local area, something which Koay said the team had anticipated when they were putting the plans together.

[smartcode_project:default project_id=136222 project_image_fid=213712]

"The majority of buyers have been the mature downsizers from Geelong and the Bellarine Region, as well as those on acreage who have lived and worked further away from a city hub. Now they want to be closer to the action, while also having the added bonus of being on the water."

Monno's big sales milestone will soon be followed by commencement of demolition and early works in the coming weeks, which Koay says will no doubt see the remaining stock in the development sell out well before it’s forecasted mid-2025 completion date.

"Stella Maris has managed to buck the trend of the current market in reaching these milestones, a testament to the quality of our offering which is a confidence booster for our customers and prospective buyers,” Koay says.

[smartcode_project:default project_id=136222 project_image_fid=213716]

Geelong is quickly establishing itself as Melbourne's second CBD, and with newly gazetted planning controls which facilitates development activities, the forecast population growth is expected to see nearly 400,000 residents call the Geelong region home in the next two decades, a 40 per cent increase from the current population.

Traditionally the Mornington Peninsula has been the weekender playground for Melburnians, but Koay says Geelong and the surrounding areas are now offering a different prospect for those looking for something near the water.

"Geelong offers a an exciting proposition, where downsizers and seachangers can have the best of both worlds, living near a growing city without the density compared to Melbourne, whilst also being on the water and at the gateway to Great Ocean Road and the surf coast regions."

[smartcode_project_cta:default project_id=136222]

Stella Maris, set on a prime three acre waterfront block in Rippleside, has provided a new form of living in the growing area.

Monno sell 50 per cent of Geelong's Stella Maris

South Yarra, Melbourne's prestigious neighbourhood, is soon to welcome a new architectural gem, South Yarra House.

Developed by Wattletree in a joint venture with Dorman Capital, the project aims to seamlessly blend heritage elements with contemporary design.

In a collaborative effort between SJB and Hecker Guthrie South Yarra House will deliver a mix of two, three and four-bedroom apartments, with SJB saying the project is a return to South Yarra grandeur and refinement.&nbsp;

"South Yarra House takes subtle cues from its surrounds, and the heritage buildings dotted throughout, and blends it with a modernist sensibility to create an outcome of clarity, elegance and distinction," SJB said.

[smartcode_project:default project_id=112970 project_image_fid=214724]

The project has just 58 apartments, a stark comparison to other high-rise towers in South Yarra. Other towers of the same height tend to home over 150 units.

Every aspect of South Yarra House pays homage to the past while embracing the present.

From the ground floor to the rooftop, the building tells a story of solitude and vibrancy. Sculptural interventions and framing views of Melbourne are coupled with craftsmanship and attention to detail, with the vision of South Yarra House one of prestige and permanence.

[smartcode_project:default project_id=112970 project_image_fid=214702]

Wattletree and Dorman Capital's decision to engage SJB as the project's architect came after an extensive competition process. SJB's concept for South Yarra House was deeply rooted in the local context.

Numerous site visits, photographic studies, and sketches of nearby buildings allowed the team to gather a collection of ideas, drivers, and inspirations.&nbsp;

Inspired by South Yarra's iconic Art Deco and Spanish mission homes and apartment blocks, such as the Beverley Hills flats and 31 Marne St, SJB's design concept merges a timeless New York tower aesthetic with these local references.

[smartcode_project:default project_id=112970 project_image_fid=214719]

With a predominantly brick and concrete façade the architects have strategically prioritised unobstructed views to the north while ensuring the building's thermal efficiency and solar performance.

The façade features a gridded column and beam composition, with glass set back deeply, and a few arched moments that add a touch of charm.

The modestly scaled tower comprises three floors dedicated to commercial and retail spaces on the lower levels.

[smartcode_project:default project_id=112970 project_image_fid=214722]

Above, 13 levels house crafted residences, with a maximum of five apartments per floor.

The upper levels offer even more exclusivity, with only two to three apartments per floor. To top it off, residents will have access to a communal rooftop where they can enjoy panoramic views.

Situated in front of Melbourne High School's football ground, the dwellings offer expansive views of lush green landscapes and the majestic Yarra River.

[smartcode_project_cta:default project_id=112970]

Every aspect of South Yarra House pays homage to the past while embracing the present

"A return to South Yarra grandeur and refinement": How SJB designed South Yarra House

In the upscale neighbourhood of Brighton, a new residential project is capturing attention and redefining the meaning of luxury living.

Fifty Two Black, a collaboration by renowned designers Nicholas Day, Jack Merlo, Gregory Tuck, and Meg Sharpe, introduces a distinctive design that combines elegance, exclusivity, and a private elevated lifestyle.

[smartcode_project:default project_id=106713 project_image_fid=213832]

With only five residences, Fifty Two Black offers house-like proportions, furnished in partnership with Ralph Lauren Home. As the first project in Australia to be entirely furnished with Ralph Lauren Home pieces, the development introduces a new class of elegance and exclusivity to Brighton.

Each is defined by one of three distinct design inspirations, crafted by Meg Sharpe, with Californian Romantic, Desert Equestrian, and Deco Moderne concepts, featuring&nbsp;three bedrooms, two living areas, and a generous terrace.

Upon entering the homes at Fifty Two Black, soaring ceilings of up to 3.3 meters and European anodized bronze windows create a grand sense of space and light, coupled with warm timber floors arranged in a chevron pattern.

[smartcode_project:default project_id=106713 project_image_fid=213834]

The apartments expansive living areas also feature a stone fireplace, as well as a feature chandelier and handcrafted finishes.&nbsp;

The European kitchens include a butler's pantry, with hand selected marble adorning the benchtops and splashbacks,&nbsp;while pendant lights by Ralph Lauren Home illuminate the classic white joinery.

[smartcode_project_cta:default project_id=106713]

Fifty Two Black is the first project in Australia to be entirely furnished with Ralph Lauren Home pieces

The design behind Brighton's Fifty Two Black apartments

Affordability has began to pinch even the most astute property seeker, following 12 interest rate hikes from the RBA in as little as 14 months.

That's taken the official cash rate some four per cent higher than it was in April last year, to 4.1 per cent.

On average, the rate hikes have cut the average property buying budget by over $150,000.

And while there was a downturn in property markets while the RBA was in the hike-cycle, prices have now bottomed, and are on their way back up.

Unfortunately for prospective borrowers, that's not the case for their budgets, as rates are expected to stay above the four per cent mark well into next year.

To combat the growing budget pains, we've put together a list of Melbourne's best off the plan and newly completed apartments for sale under $500,000.

<h2>Project: Highett Common</h2>

<h2>Suburb: Highett</h2>

<h2>Price: From&nbsp;$415,000</h2>

Highett Common, developed by Sunkin Property Group, stands out with its unique approach to master-planned communities.

The development prioritises conservation, dedicating four hectares of natural green space within the 9.34-hectare project. Highett Common aims to become the first medium density, Net Zero Carbon community in Victoria.

[smartcode_project:default project_id=108019 project_image_fid=212651]

The collaboration between ClarkeHopkinsClarke Architects and Tract Landscape Architects ensures that each neighbourhood within Highett Common will have its own distinct character and residential landscape.

The first release, Park House, offers one, two, and three-bedroom residences designed to harmonise with the surrounding environment.

[smartcode_project:default project_id=108019 project_image_fid=212514]

The development also boasts state-of-the-art amenities, including gyms and swimming pools, providing residents with a resort-like living experience.

<h2>Project: Harvest Square</h2>

<h2>Suburb: Brunswick West</h2>

<h2>Price: From&nbsp;$435,000</h2>

Harvest Square in Brunswick West, developed by AVJennings in partnership with Homes Victoria, presents a range of housing options catering to diverse buyers.

[smartcode_project:default project_id=139951 project_image_fid=212687]

Harvest Square offers one, two, and three-bedroom apartments, along with two and three-bedroom townhouses, designed by SJB Architects with sustainability at the forefront of the designs.&nbsp;

The site will also feature publicly accessible open spaces, including a green spine, providing up to 3,200 sqm of recreational area.

[smartcode_project:default project_id=139951 project_image_fid=212688]

Harvest Square is also an all-electric community, while also boasting an 18-metre wide green corridor with productive plantings for all to enjoy.

The buildings have been designed with sustainability in mind and is independently certified to achieve 5 Star Green Star, 7 Star NatHERs, and Gold and Silver Liveable Housing Design ratings.

<h2>Project: Sierra Hawthorn</h2>

<h2>Suburb: Hawthorn</h2>

<h2>Price: From $500,000</h2>

The Sierra Apartments in Hawthorn have emerged as a standout player in the market, with the completed apartments by JD Group attracting buyers with the project's distinctive 'S' shape.

[smartcode_project:default project_id=94104 project_image_fid=175602]

With options ranging from one to four-bedroom apartments and terrace homes, Sierra offers a diverse range of residential choices.

The 'S' shape not only adds visual appeal but also enhances the retail experience along the vibrant Burwood Road, with two landscaped courtyards nestled within the curves of the building.

[smartcode_project:default project_id=94104 project_image_fid=175604]

The apartments feature floor-to-ceiling windows, flooding the interiors with natural light and showcasing the elegant combination of dark wood and high-quality stone in the open-plan living spaces.

<h2>Project: Tommy Residences</h2>

<h2>Developer:&nbsp;Ninety Four Feet</h2>

<h2>Price: From&nbsp;$460,000</h2>

Tommy Residences, located in the Edgewater Estate Precinct just seven kilometres from Melbourne's CBD, offers an exclusive collection of one, two, and three-bedroom residences. The development embraces its natural surroundings and frames cityscape views.

[smartcode_project:default project_id=111515 project_image_fid=212247]

Tommy's interiors have been crafted to maximise natural light and provide connections to outdoor spaces, allowing residents to stay connected to nature.

With its convenient location near retail, dining, and entertainment options, as well as excellent public transport connections, Tommy offers a leafy and tranquil residential experience connected to the best of the west.&nbsp;The nearby parks and trails offer 30 acres of open space, perfect for those who enjoy an active outdoor lifestyle.

<h2>Project: Malvern Collective</h2>

<h2>Suburb: Malvern</h2>

<h2>Price: From&nbsp;$489,000</h2>

Malvern Collective, developed by Kokoda Property, is a mixed-use precinct transforming Dandenong Road.

The project, currently 70 percent sold and under construction, features two residential towers with views of Port Phillip Bay, the Dandenong Ranges, and Melbourne's CBD.

There's over 200 apartments, including a grand penthouse and a number of sub-penthouses.

[smartcode_project:default project_id=12457 project_image_fid=200157]

Malvern Collective's ground level will house a retail, dining, and lifestyle precinct, featuring the last Woolworths Metro to be built in Melbourne and the iconic Angel hotel, renovated&nbsp;since 1856.

The precinct will connect with Glenferrie Road via new laneways, providing direct access to Malvern train station.

<h2>Project: The Canopy</h2>

<h2>Suburb: South Melbourne</h2>

<h2>Price: From&nbsp;$487,000</h2>

The Canopy at 272 Normanby Road, the visionary project developed by Gamuda Land in collaboration with local experts, is set to be a groundbreaking mixed-use community in South Melbourne redefining sustainable living.

The design of The Canopy incorporates biophilic principles, with an urban forest, a captivating green spine, and a rooftop garden, offering residents a serene sanctuary amidst the bustling cityscape.

[smartcode_project:default project_id=136970 project_image_fid=208481]

The 20-storey landmark will feature over 200 apartments, including one, two, and three-bedroom residences. Embracing nature and paying homage to the local environment, The Canopy will also include a 3,000 sqm with Melbourne's first urban Miyawaki forest.

On average, the rate hikes have cut the average property buying budget by over $150,000

Melbourne's best new off the plan apartments for under $500k selling in July 2023

In preparation of the construction of their STH BNK by Beulah development in Melbourne's Southbank, developer Beulah has commissioned Melbourne artist George Rose to paint a large-scale mural of Australia natives on the rooftop of the former BMW building.

Commissioned by Beulah Foundation, Beulah’s philanthropic arm, the artwork will aspire to promote art, well-being and sustainability, while advancing culture in and around the City of Melbourne.

The concept for the mural focuses on rejuvenating the current site’s urbanscape and will be complementary to the eye-catching Atong Atem mural that adorns the exterior of Hanover House, with both sites celebrating local female artists.The mural will be available to see from the end of July 2023 to December 2023.&nbsp;

<img alt="George Rose STH BNK" data-entity-type="file" data-entity-uuid="d220a90b-2b3a-454c-9111-b1cb6dcb00bc" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-07-06%20at%2010.49.48%20am.png?VersionId=SvAwmtCI5E8UGMmqhOkBtt.zOPERJJ5T" />

Beulah Director Adelene Teh said the Beulah Foundation is thrilled to partner with George Rose, anticipating the positive impact of this artwork on the community.

“The vibrant piece commissioned by the Foundation adds colour and life to the area, aspiring to bring joy to workers, residents and visitors, especially those in surrounding tall towers who will be able to enjoy the rooftop mural daily," Teh said.

"It helps to spark imagination of the integration of life and biophilia with the future built environment, enhancing the connection between people and nature in cities.

“We received such positive feedback from the local community on Atong Atem’s Hanover House mural and it became a must-see installation within the City of Melbourne.

“With Melbourne as the cultural capital of Australia known for its rich and vibrant arts and culture scene, both of these murals aim to also activate Melbourne as a vibrant 24/7 city, while celebrating local female artists as well said."

Using bright, surreal colours and her signature gradients, George Rose’s work focuses on gestural mark-making often paired with endemic botanicals. Her work explores the fragility of nature, featuring endangered floral and fauna, and the transformation of the micro into macro-scale. Her work can be found across the globe from Australia to the US, and across Asia and Europe.

<img alt="George Rose" data-entity-type="file" data-entity-uuid="5e69fb6c-1104-4a8e-b0fb-a370d9e1246e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-07-06%20at%2010.49.33%20am.png?VersionId=2m0n2pSVttVRUli0nXyqoZsBo67GVQo0" />

Both Hanover House and the former BMW site will be the future home to STH BNK By Beulah, a vertically integrated city within a city that will offer world-class retail, a comprehensive wellness precinct, a residential offering, a childcare centre, extensive green spaces including rooftop gardens and eight pocket parks dotted throughout, as well as an innovative cultural centre in partnership with Centre Pompidou, which has the largest collection of modern and contemporary art in Europe.

The five-minute vertical city is substantially lower than the 15-minute benchmark set by planning models across the world, which was first introduced by French-Colombian scientist Carlos Moreno in 2016.

[smartcode_project:default project_id=8804 project_image_fid=194915]

In 2019, the Victorian Government launched a 20-minute neighbourhoods pilot program, following research that 20 minutes is the maximum time that people are willing to walk to meet their daily needs locally.

Beulah Director Adelene Teh said the Beulah Foundation is thrilled to partner with George Rose, anticipating the positive impact of this artwork on the community

STH BNK by Beulah site to feature large-scale mural of Australia natives before construction starts

Melbourne Square already has over 16,000 square metres of on site resident facilities, however we decided to explore the Southbank precinct to see which amenities you've also got within walking distance.

Here are 6 amenities in 60 seconds:

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="415" src="https://www.youtube.com/embed/y1H-oFZjcdo" title="YouTube video player" width="660"></iframe>

<h2>BLVD AT A GLANCE</h2>

Developer:&nbsp;<a href="/developers/osk-property">OSK Property</a> 
Architect:&nbsp;<a href="/architects/cox-architecture">Cox Architecture</a> 
Address: 19 Hoff Boulevard, Southbank

If you'd love to learn more about BLVD at Melbourne Square, then submit an enquiry to request a call from a sales agent.

[smartcode_project_cta:default project_id=107714]

Olivia Round

VIC LOCATION TOUR: What's within walking distance from Southbank's BLVD at Melbourne Square?

The current rental market crisis is already pushing enquiry numbers through the roof from both first home buyers and investors who are seeking to either get out of the rental market, or take advantage of it.

The latest statistics from property data analytics firm CoreLogic show just how strong the rental market is, particularly in Melbourne.

Their Quarterly Rental Review Q2 2023 found Melbourne is now no longer the most affordable capital city to rent a house, following 3.5 per cent quarterly growth in the rental market.

Dwelling rents in Melbourne (both houses and units), rose 3.9 per cent in the quarter, significantly outpacing growth in Perth (3.4 per cent) and Sydney (3.2 per cent).

The rise is putting pressure on renters who are now starting to look at entry-level apartments, particularly in Melbourne's inner-ring, rather than be beholden to the rent rises, while the growth has investors looking at securing stronger rental yields than they've likely ever seen before.

Where gross rental yields have started to fall across Sydney, Brisbane, Adelaide, Hobart and Canberra, they rose in Melbourne, Perth and Darwin. Another case for investors is the critically low vacancy rate, 0.8 per cent, one of the lowest capital city vacancy rates across the country.

<img alt="CoreLogic" data-entity-type="file" data-entity-uuid="3682f33e-8a57-4dc6-b979-ebca21924406" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-07-06%20at%209.26.50%20am.png?VersionId=WarMQHyNJCfIVu64kZT2ZVuXO1zoxJoe" />

Specifically looking at units, which incorporates both apartments and townhouses, Melbourne rents are up 4.5 per cent on the quarter to June, the second highest quarterly gain behind Perth.

Melbourne's median rent for units is now $532, and houses $567.

Sydney, Melbourne and Perth have also seen total rental supply between -30 per cent and -50 per cent below the previous five-year average for this time of year.

<img alt="CoreLogic" data-entity-type="file" data-entity-uuid="30201ca8-2eec-49c6-af1f-c9c6d798c7d6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-07-06%20at%209.24.32%20am.png?VersionId=xtnDqQMblFefjrXCtvhaAKH2qTfdEfpq" />

Rental listings remain well below the previous five-year average, with a national shortfall of around -32.4 per cent, or 47,500 rental listings recorded over the four weeks to June 3rd.

"Strong demand from overseas migrants, particularly international students, continues to support stronger growth in the medium to high-density sector, with national unit rents increasing by 3.6 per cent in the June quarter compared to a two per cent increase in house rents," CoreLogic&nbsp;Economist and report author Kaytlin Ezzy noted.

The report found Brighton was the most expensive suburb in Melbourne to rent a house. The median rent in the Bayside hotspot is $1,343 a week, and the median house value $3,536,000.&nbsp;

The majority of Melbourne's most expensive suburbs to rent a house are in the inner ring. Black Rock, Middle Park, Malvern and Canterbury made up the top five. The top 24 suburbs have median house rents at over $1,000 a week.

The latest statistics from property data analytics firm CoreLogic show just how strong the rental market is, particularly in Melbourne.

Melbourne no longer Australia cheapest rental market: A compelling case for buying off the plan 

Melbourne developer <a href="/developers/golden-age-group">Golden Age Group</a> has continued to focus it's development efforts in <a href="/developments/glen-waverley-vic-3150">Glen Waverley</a> in Melbourne's east, and to great success.

Following their Sky Garden apartment project above The Glen Shopping Centre, Golden Age decided to create a townhouse project in the area, based on feedback from prospective buyers at Sky Garden who preferred townhouse living.

The team then went and bought land on Ferntree Gully Road and preceded to put together plans for a townhouse project, which was given approval in October 2022.

Since then the development of just 77 two and three-bedroom townhouses designed by Rothelowman have gone from strength to strength. Some 40 per cent of the townhouses were snapped up on their launch.

A Golden Age spokesperson said the townhomes respond to the changing needs of the population by providing diverse housing options

[smartcode_project:default project_id=104680 project_image_fid=207730]

“Glen Waverley is an area predominantly dominated by single-family homes and there is little choice when it comes to townhomes, particularly architecturally-designed homes that offer a premium feel,” they said.

By March this year, the group had achieved&nbsp;$35 million in sales, with the average price point in sales ranging from $1.1 million to $1.6 million.

The townhomes are designed to be sensitive to the site’s existing context, while capitalising on an opportunity to deliver an outstanding architectural response that will set a new standard for townhouses within the area.

Golden Age Founder and Managing Director Jeff Xu said it was a matter of ‘when not if’ the group would bring a luxury townhouse project to market.

"Before even launching to market, we had a waitlist of buyers interested in a townhouse product, one that embodied the same ethos and design philosophy of Sky Garden," Xu said.

[smartcode_project:default project_id=104680 project_image_fid=207724]

Golden Age then appointed a builder in June, Cremorne-based builders&nbsp;Figurehead Construction, to construct the townhomes, which are expected to be completed by early 2025.

They've now sold over&nbsp;80 per cent of the Stage 1 release, with new park front lots brought forward to cater to demand.

There's only a limited number of four-bedroom townhomes remaining in Floret, with prices starting from&nbsp;$1,235,000.&nbsp;

[smartcode_project_cta:default project_id=104680]

A Golden Age Chief spokesperson said the townhomes respond to the changing needs of the population by providing diverse housing options

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