<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>

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Ellen Walker

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

In recent times, Southbank has undergone significant development, transforming into a vibrant and sought-after urban hub.

Located just south of Melbourne's CBD and nestled along the scenic Yarra River, and with&nbsp;convenient accessibility to major transportation networks including train stations and tram lines, residential high rises now dominate the skyline.&nbsp;

Property developers Landence are one group who are contributing to the residential offering in the suburb, with The Evermore offering a ready-to-move-in option for prospective buyers.

[smartcode_project:default project_id=2087 project_image_fid=180823]

Designed by Hayball, The Evermore rises 24-storeys, boasting two glass towers connected by a podium level that houses upscale retail spaces.

The facade is louvered, creating movement within the built form, while also allowing for sweeping views of Port Phillip Bay and the Yarra Ranges.&nbsp;The nearby Yarra River, Royal Botanic Gardens, and a juxtaposition of heritage architecture and contemporary glass edifices complete the vista that residents can enjoy.

Situated only minutes away from Melbourne's bustling CBD, the famous Botanic Gardens, and the vibrant South Melbourne Market, residents will have endless opportunities to immerse themselves in the city's culture and lifestyle.

[smartcode_project:default project_id=2087 project_image_fid=180828]

Residents will have access to a range of amenities designed to elevate their living experience, including courtyard gardens, a swimming pool, a well-equipped gym awaits, as well as dining, lounge, and cinema rooms.

Prices start from $455,000 for a one-bedder, with two-bedrooms from $659,000 and three-bedroom apartments priced from&nbsp;$990,000.

[smartcode_project_cta:default project_id=2087]

The Evermore delivers ready-to-move-in apartments to Southbank

Casurban are giving buyers a chance to buy into their Eumemmerring development, Medina Park, with just a $9,000 deposit.&nbsp;

Offering spacious three and four-bedroom townhomes, the estate, around 30 kilometres south-east of Melbourne, provides an ideal living environment surrounded by an array of amenities.

Buyers need only pay an initial deposit of $9,000, making it an enticing prospect for those looking to enter the property market or rightsizers seeking to upgrade to a brand new property. Completion is slated for mid-2024.

[smartcode_project:default project_id=138763 project_image_fid=213152]

The townhomes boast open plan living and dining areas, providing ample space for families, with separate retreat areas offering privacy and versatility, catering to various lifestyle needs.

They also feature double car garages and ample storage space, as well as spacious balconies and 2,000 rainwater tanks, promoting sustainability and reducing water consumption.&nbsp;

Prospective homeowners can choose from two interior colour schemes, allowing them to personalise their living spaces according to their preferences and style.

[smartcode_project:default project_id=138763 project_image_fid=210503]

The estate is centrally located amidst parklands and reserves, providing residents with access to natural beauty and recreational spaces, with the convenience of nearby schools, shopping centres such as Dandenong and Endeavour Hills, and medical facilities like Dandenong and Casey hospitals.

The well-connected suburb of Eumemmerring also offers easy access to major arterials and public transport options.

The three-bedroom townhomes are priced from&nbsp;$590,000, with the four-bedroom townhouses starting from&nbsp;$720,000.

[smartcode_project_cta:default project_id=138763]

The three-bedroom townhomes are priced from $590,000, with the four-bedroom townhouses starting from $720,000

Buy in Eumemmerring's Medina Park with just a $9k deposit 

While a number of new residential developments are currently being built or are in planning in the convenient suburb of&nbsp;Carnegie, there's very limited opportunity to buy now into a completed development in the area.&nbsp;

Big C&amp;S Group Pty Ltd's Bloom delivers buyers just that, with a range of one, two, three and four-bedroom apartments ready to be occupied. The variety of apartment configurations on offer will likely attract a wide and diverse range of buyers.

[smartcode_project:default project_id=2700 project_image_fid=29622]

The building's facade features contrasting dark and light elements, creating a visually striking appearance, while internally, each of the apartments feature large open plan living areas, which flow seamlessly to private outdoor courtyards or terraces.&nbsp;

Designed by&nbsp;Caulfield Krivanek Architecture, the homes are equipped with integrated Bosch appliances, coupled with stone finishes throughout, as well as oak timber flooring and ducted heating and cooling systems.&nbsp;

Residents have access to secure basement car parking, for one or two cars, in addition to separate storage space.&nbsp;

[smartcode_project:default project_id=2700 project_image_fid=29627]

Situated within minutes' walking distance to Glenhuntly and Koornang Roads, residents will have easy access to a wide range of shopping options, cafés, restaurants, as well as essential amenities, while the&nbsp;Chadstone Shopping Centre is located only a short seven-minute drive away

The nearby train station offers convenient transportation links, making commuting a breeze and for nature lovers, parklands are just a stone's throw away.

Castran Gilbert are marketing the apartments in Bloom where the one-bedders are priced from&nbsp;$445,000and the two-bedders from&nbsp;$585,000.

The three-bedroom floorplans are priced from&nbsp;$835,000, while the four-bedroom apartments start from $1.179 million.&nbsp;

[smartcode_project_cta:default project_id=2700]

The building's facade features contrasting dark and light elements, creating a visually striking appearance, while internally, each of the apartments feature large open plan living areas, which flow seamlessly to private outdoor courtyards or terraces. 

Bloom delivers completed apartments to Carnegie 

With a wealth of amenity in and around South Melbourne, developers could be guilty of relying on what's around the project rather than the amenity that they could offer in it.

Not R.Corporation, who has gone to great lengths by providing wealth of residential amenity within one of their most recent developments, R.Iconic.

The Plus Architecture-designed twin tower development, two 31-level buildings one with a hotel and the other apartments, offer everything from a rooftop running track to a whiskey lounge.

&nbsp;

[smartcode_project:default project_id=5234 project_image_fid=210229]

Set among landscaped gardens designed by the renowned Paul Bagnay, R.Iconic features an expansive backyard featuring one acre of space.&nbsp;

Residents will also have access to&nbsp;a state-of-the-art gym, an infinity pool, running track, fitness stations, a tranquil zen garden, and an adventure playground for children.

[smartcode_project:default project_id=5234 project_image_fid=210227]

There's also a multitude of entertainment options, including outdoor dining pods, a cinema, karaoke room, wine vault and a whiskey lounge.&nbsp;

Generally high amenity comes with high body corporate fees, however the fees at R.Iconic can be as low as $60*.

Prices at R.Iconic start from $540,000.

[smartcode_project_cta:default project_id=5234]

The Plus Architecture-designed twin tower development, two 31-level buildings one with a hotel and the other apartments, offer everything from a rooftop running track to a whiskey lounge

Southbank's R.Iconic offering 30 world-class amenities from only $60 a week* 

It was 2015 when OSK Property announced it was to develop a $2.8 billion community on a prime two-hectare site in Melbourne's Southbank, the largest precinct ever proposed in the popular suburb south of the Yarra.

They're only two towers into the grand six-tower masterplan, and they've already lit a spark in property seekers looking for a combination of convenient amenity and lifestyle opportunities.

The project is already multi-award winning, having won the Best Mixed Use Development and the Best High Rise Architecture awards at the Asia Pacific Property Awards in 2020.

Locally Melbourne Square has been a finalist at the UDIA Awards for Excellence in 2021 and the Property Council Australia Awards in 2022.

OSK recently completed stage one of Melbourne Square, two towers already set in an established community with a 3,745 sqm park and double-storey Woolworths, the first in Melbourne, also completed as part of the first stage.

OSK has just launched their second stage, BLVD, another striking 73-level skyscraper with extensive resident amenity more commonly found in a hotel.

[smartcode_project:default project_id=107714 project_image_fid=211867]

BLVD, which is expected to complete in early 2027, will sit within an already established community. OSK started their work on the Hoff Boulevard site in 2017, and to show for it have the completed East and West Towers, the sprawling Kennedy Park, and extensive retail within the development.&nbsp;

The retail component was bought&nbsp;by PrimeWest for $70 million back in 2020, a major transaction before it was completed which highlighted the level of quality OSK was putting together. As well as the Woolworths, there's an adjoining BWS,&nbsp;Pacific Asian grocery store, the 10 Hoff Café, an 87-place childcare centre, and more still to come.

[smartcode_project:default project_id=107714 project_image_fid=211870]

Kennedy Park was created to act as a natural escape from busy city life. It features extensive established gardens and a waterfall, so residents can connect with nature.

BLVD sits at the heart of the masterplan, located on the fringe of Melbourne's famed Arts Precinct.

[smartcode_project:default project_id=107714 project_image_fid=211869]

The Arts Precinct pulsates with a rich cultural energy, where Melbourne's most progressive, acclaimed, and dynamic galleries, theatres, performances, and exhibitions take centre stage all year round.

As the Arts Precinct redevelopment evolves, BLVD residents will find themselves at the heart of a globally-recognised cultural centre.

[smartcode_project:default project_id=107714 project_image_fid=211874]

Southbank is one of the top locations for both investors and owner-occupiers who want all of the benefits of the Melbourne CBD without actually living in it.

It's a 15-minute walk to Flinders St station, or a 10-minute tram from the tram stop across the road on Sturt Street.

BLVD within Melbourne Square is poised to redefine urban living in Southbank. With its unparalleled location on the fringe of the Arts Precinct, immersive landscape design, and sustainable architecture, it presents a unique opportunity for residents to experience a tranquil urban sanctuary like no other. Melbourne Square is not just a place to live; it's a community that thrives on its rich cultural heritage and unrivalled amenities.

[smartcode_project:default project_id=107714 project_image_fid=211872]

As the precinct continues to take shape, it solidifies its status as the epitome of cosmopolitan living in the heart of Melbourne.

OSK have further shown their commitment to Southbank, last year securing a 7,800 sqm site fronting both City Road and Queensbridge Street.

OSK was founded in 1997 in Malaysia and have won a string of awards for their developments across the country.

[smartcode_project_cta:default project_id=107714]

OSK has just launched their second stage, BLVD, another striking 73-level skyscraper with extensive resident amenity more commonly found in a hotel

BLVD at Melbourne Square: An urban sanctuary in Southbank's cultural heart

SQ Property has been progressing well with their contemporary Brunswick apartment development, Archer.&nbsp;

SQ, who are also handling the build of the project, is set to wrap construction on Archer later this year, which once complete will deliver 58 apartments to the suburb filled with converted heritage buildings.

Bergman &amp; Co and Metaxas Architects worked in collaboration on the project, incorporating Brunswick's industrial grandeur into the design, blending functional ideals with the distinctive style of the area.

[smartcode_project:default project_id=5072 project_image_fid=197687]

Arched windows not only frame unique views but also allow unobstructed sunshine to flood the interiors, where, from these vantage points, residents can enjoy sight lines that extend all the way to the Melbourne cityscape.

The kitchens boast high-quality finishes, fixtures, and fittings, including the latest European appliances, complimented with gun metal accents and custom crafted handles.

[smartcode_project:default project_id=5072 project_image_fid=197690]

The living areas and hallways are adorned with wide Saddle or Ash floorboards, while the bedrooms, spacious and filled with light, feature 100 per cent pure wool carpets.

The bathrooms feature textured wood laminate vanities, sleek feature lighting, fluted shower screens, and back-to-wall toilets, coupled with architectural tapware, providing not only a luxurious setting but a functional one as well.&nbsp;

[smartcode_project:default project_id=5072 project_image_fid=197692]

Situated in one of Melbourne's most charismatic suburbs, Archer Brunswick offers residents the opportunity to immerse themselves in the rich and vibrant culture of Brunswick.

The development is located only minutes away from the CBD, providing the perfect balance of convenience and a thriving retail, cultural, and dining precinct.&nbsp;

There's still one, two and three-bedroom apartments remaining in the development, with prices starting from&nbsp;$465,000.

[smartcode_project_cta:default project_id=5072]

Bergman & Co, SJB Architects and Metaxas Architects all worked in collaboration on the project, incorporating Brunswick's industrial grandeur into the design, blending functional ideals with the distinctive style of the area

Archer Brunswick set for completion Q4 2023

Nestled in the esteemed Queens Road neighbourhood between Albert Park and Fawkner Park sits Victoriana, the 16-level building developed by JD Group and designed by Rothelowman.

The 2021-completed project, with unrivalled views of Albert Park Lake, comprises a mix of&nbsp;one, two, three and four-bedroom apartments, with the interiors focusing on creating a balance between space and elegance.

[smartcode_project:default project_id=1979 project_image_fid=78666]

Every aspect, from the carefully selected fittings and fixtures to the use of top-tier natural materials, has been thoughtfully curated to create an atmosphere of luxury, sophistication, and sustainability.

Beyond the confines of the apartments, residents at Victoriana are treated to a range of resort-inspired amenities that rival those of a six-star hotel.

There's a heated indoor swimming pool, a steam room and sauna, as well as a state-of-the-art gym, equipped with cardio and weights, a lounge and garden terrace, services like concierge assistance, secure video intercom entry, high-speed lift access, and a porte-cochere.

[smartcode_project:default project_id=1979 project_image_fid=78670]

Situated in one of Melbourne's most sought-after locations, residents have the best of the city at their doorstep.

The surrounding area offers picturesque parklands, a vibrant arts precinct, a plethora of dining options, upscale retail destinations, and access to some of Melbourne's finest educational institutions.

With the St Kilda Road trams just a stone's throw away and the upcoming Anzac Railway Station in close proximity, commuting and exploring the city has never been easier.

[smartcode_project_cta:default project_id=1979]

The 2021-completed project, with unrivalled views of Albert Park Lake, comprises a mix of one, two, three and four-bedroom apartments, with the interiors focusing on creating a balance between space and elegance.

JD Group deliver completed apartments between two of Melbourne's leafiest icons

Melbourne's iconic Australia 108 building is offering exclusive price reductions of up to a massive $225,000.

The developers, World Class Global, have cut the price&nbsp;for a limited-time only on the project's Cloud Residences, a collection of three-bedroom apartments which have come down from $1,823,000 to $1,567,000.

Australia 108, which became Melbourne's tallest tower when it was completed in 2020, was designed by Fender Katsalidis and features interiors by Carr Design.

[smartcode_project:default project_id=582 project_image_fid=79946]

The tower, over 316 metres tall, features a range of hotel-style amenities scattered across it's 100 levels.

The building boasts two exclusive resident grand lobbies with lounges, along with a hotel-style porte-cochere, providing a grand entrance.&nbsp;

The resident facilities at Australia 108 are unparalleled, with the Sky Rise Club on Level 11 offering a range of amenities to enhance residents' lifestyles, including a heated indoor swimming pool, a sauna, a fully equipped gym, a theatre, a grand dining room and a virtual golf room.

[smartcode_project:default project_id=582 project_image_fid=182879]

For an even more elevated experience, the Star Club on Levels 70 and 71 offers 360-degree panoramic views of the city, garden, and bay.

The exclusive space features dual, double-height full glass infinity pools with spa facilities, along with two state-of-the-art gyms, dining rooms, expansive lounge rooms, a reading room, a private cinema, and a sky garden.

[smartcode_project:default project_id=582 project_image_fid=182880]

The apartments themselves feature floor-to-ceiling glass windows which maximises natural light and captures sweeping views.&nbsp;

Resident's will also benefit from being within proximity to Melbourne's vibrant arts and entertainment precincts which are just a short walk away, offering a range of dining, shopping and recreational opportunities.&nbsp;

[smartcode_project_cta:default project_id=582]

Australia 108, which became Melbourne's tallest tower when it was completed in 2020, was designed by Fender Katsalidis and features interiors by Carr Design

Over $200k price reductions at Southbank's Australia 108

AVJennings have made a name for themselves within the property space as community-developing&nbsp;experts.&nbsp;

They've been developing Waterline Place in Williamstown for a number of years, as well as masterplan communities in Clyde North, Wollert, and Mernda.

Now it's time for them to take on Melbourne's inner-ring, in the bustling suburb of Brunswick West.

Their new community,&nbsp;Harvest Square, will tap into the charm of the inner north suburb, with the unique community offering a blend of modern living with nature and convenience.

[smartcode_project:default project_id=139951 project_image_fid=212687]

Located just six kilometres from Melbourne's CBD, the vibrant neighbourhood boasts a diverse and friendly community that welcomes a range of occupiers, including families, young professionals, and retirees.

Harvest Square offers a range of housing options, including apartments and townhomes, linked by green pathways, gardens, and landscaped thoroughfares.

One of the key benefits of living in Harvest Square is the proximity to a plethora of amenities.

From authentic culinary delights, boutique shopping, and art galleries to everyday shopping needs, the neighbourhood has it all. Sydney Road is a popular destination for foodies, with the Brunswick Market offering an essential stop for Middle Eastern delicacies. Meanwhile, Barkly Square Shopping Centre has everything for daily needs, including Woolworths and ALDI supermarkets.

Harvest Square is also surrounded by green spaces, allowing residents to connect with nature while enjoying the benefits of inner-city living. Dunstan Reserve, situated adjacent to the community, is a favourite among families, with its children's playground, walking and cycling paths, and community garden. Cyclists will also appreciate the network of bike tracks nearby, including those in Moonee Ponds and Merri Creek.

[smartcode_project:default project_id=139951 project_image_fid=212924]

In terms of transportation, Harvest Square is well-connected to the rest of Melbourne.

Commuters can easily access the CBD via trams, buses, and trains. CityLink also acts as a connector throughout Melbourne and into regional Victoria, making it easier for residents to explore the state.

There's also a range of educational institutes within proximity, from childcare to tertiary education, including Brunswick North West Primary School which is a short walk away, while RMIT University Brunswick Campus is also nearby.

[smartcode_project_cta:default project_id=139951]

AVJennings take advantage of Brunswick West's charm for new residential community 

Melbourne's inner north is undergoing a rapid evolution, and one residential development that's contributing to that growth is Kincaid's Cultivate.

Construction on the project began back in November 2021, with the completion of the project drawing near. It's expected to wrap up in October this year, with the first crop of buyers eagerly awaiting their move in date.&nbsp;

The project offers a range of one, two and three-bedroom residences that boast spacious floor plans, full-size kitchens, and premium finishes.

[smartcode_project:default project_id=628 project_image_fid=180702]

Kincaid, a builder developer, has taken great care to ensure that the residences are reasonably priced, making them an attractive option for first home buyers looking to enter the property market. Cultivate also offers stamp duty savings for first home buyers, making the prospect of owning a home even more accessible.

The living spaces are designed to be spacious, with the added bonus of balconies that provide stunning views of natural parklands, the cityscape, and riverways.

The spacious floor plans at Cultivate provide ample room for residents to create their ideal living spaces. Whether it's a home office or an entertainment area, the residences can accommodate a variety of needs.&nbsp;

[smartcode_project:default project_id=628 project_image_fid=180701]

Situated in one of Melbourne's last affordable pockets, just 12 kilometres from the CBD, Cultivate benefits from its proximity to various healthcare facilities such as Austin Hospital, The Mercy, and La Trobe Private Hospital. Additionally, the development is conveniently located near RMIT and La Trobe University, making it an ideal choice for students and staff.

One, two and three-bedroom floorplans are still remaining in the development, with prices starting from just&nbsp;$402,000 for a one-bedder. A one-bedroom apartment with a car space is priced from&nbsp;$404,000, while the two-bedders start from&nbsp;$524,000, and the three-bedders from&nbsp;$797,200.

[smartcode_project_cta:default project_id=628]

Construction on the project began back in November 2021, with the completion of the project drawing near

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