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

<main data-perf-region="main">
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]

<h3 data-end="3697" data-section-id="q3n5ak" data-start="3672">&nbsp;</h3>
</main>

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

Melbourne's inner east is known for its vibrant neighbourhoods, leafy streets, and proximity to the city.

Several apartment developments have been completed in the last 12 months, offering prospective buyers the benefits of either a ready-to-move in option rather than renting, or for investors who want to start earning rental income.

We've wrapped up a list of some of the best completed apartments currently selling in Melbourne's inner east.

<h2>Project: HOME</h2>

<h2>Suburb: Alphington</h2>

HOME, located at 626 Heidelberg Road in Alphington, stands tall as a new architectural marvel within the Alphington Paper Mill Development.

[smartcode_project:default project_id=24441 project_image_fid=84981]

Situated just 6.5 kilometres northeast of the city, the 16-story building offers a range of terrace homes, sky homes, and apartments.

The sleek design combines a brick podium, paying homage to the site's industrial legacy, with a curved glazed tower showcasing contemporary architecture.&nbsp;

The exterior materials, including brick, concrete, timber, metal, and glass, create a timeless and raw aesthetic.

[smartcode_project:default project_id=24441 project_image_fid=167645]

With only two and three-bedroom apartments remaining, prices for HOME start from $914,000.

<h2>Project: Sierra</h2>

<h2>Suburb: Hawthorn</h2>

Sierra in Hawthorn has proven an attractive proposition for both first home buyers, rightsizers, and downsizers, primarily for its prime location.

Offering one, two, three, and four-bedroom apartments, as well as terrace homes, Sierra makes a bold architectural statement.

[smartcode_project:default project_id=94104 project_image_fid=175611]

The 'S' shape not only enhances visual appeal but also creates an engaging retail experience on Burwood Road. Residents can enjoy the convenience of retail amenities at their doorstep.

The building also features landscaped courtyards nestled within its curves, providing serene outdoor spaces for residents to relax.

[smartcode_project:default project_id=94104 project_image_fid=212494]

There are just one and two-bedroom apartments available in Sierra, starting from $500,000.

<h2>Project: Toorak Park</h2>

<h2>Suburb: Armadale</h2>

Toorak Park presents a rare and highly sought-after opportunity for those aspiring to enter Melbourne's exclusive Toorak market.

With over 60 percent of Toorak's population consisting of families, securing new or near-new apartments in the area has been challenging.

[smartcode_project:default project_id=377 project_image_fid=211685]

Located at 590 Evergreen Mews in Armadale, the $500 million masterplanned project offers a mix of one, two, three, and four-bedroom apartments developed by Lendlease, a prominent ASX-listed development giant.

Every one-bedroom apartment on offer has a car park, unheard of in the entry-level Toorak apartment market, which in itself has been unheard of for a number of years.

[smartcode_project:default project_id=377 project_image_fid=33594]

Designed by Denton Corker Marshall and Carr Design Group, Toorak Park's 16-building project seamlessly blends with its surroundings. Extensive landscaping by Tract provides green spaces and communal areas, creating a harmonious living environment.

Predominantly owner-occupied, Toorak Park sits in one of the area's most connected pockets, just across the road from Toorak Station and just off the lively Orrong Road.

Several apartment developments have been completed in the last 12 months, offering prospective buyers the benefits of either a ready-to-move in option rather than renting, or for investors who want to start earning rental income.

Melbourne's best completed inner-east apartments for sale in July 2023

Melbourne's prestigious Bayside suburb, Brighton, is soon to welcome its newest residents, as the boutique development 32 Black Street nears completion.

There's only two residences remaining in the Thomas Constructions and QB Constructions development, a rear penthouse which priced at $2.25 million, and a ground floor north-facing apartment with a $2.3 million price tag.

With nearly three decades of building experience each, the developers have earned a reputation for their management and construction practices, guaranteeing that 32 Black St will not only look exceptional but will also withstand the test of time.

[smartcode_project:default project_id=108268 project_image_fid=199301]

Designed by renowned architects Architecture Works, 32 Black Street stands out as a striking addition to the heart of Brighton. The building's sleek and modern design features an abundance of glass and metal detailing, but its most captivating aspect is undoubtedly its picturesque facade.

Designed to face north, the structure maximises natural light through its expansive windows, balconies, and lush greenery.

The intricate detail on the facade and the soaring ceilings create an enchanting sense of scale that perfectly complements the development's prime location.&nbsp;

The remaining residences, each with their own unique and luxurious interior, epitomise opulence and sophistication, from the expansive balconies overlooking the city skyline to the slate-marble tiled bathrooms and designer kitchens.

[smartcode_project:default project_id=108268 project_image_fid=199294]

The apartments are flooded with natural light, accentuating the aesthetic of the stone bench-tops and top-end finishes, while the kitchens are fully-equipped, with a full Miele appliance package, including an integrated fridge-freezer and induction cooktop.

The location of 32 Black Street is undoubtedly one of its most appealing features, being steps away from exclusive boutiques and restaurants that Brighton has to offer. In addition, each apartment provides the privilege of two secure underground parking spaces.

[smartcode_project_cta:default project_id=108268]

Designed by renowned architects Architecture Works, 32 Black Street stands out as a striking addition to the heart of Brighton.

Two apartments remain at Brighton's 32 Black Street as construction nears completion

Melbourne Square's completed East and West Towers on Southbank's Kavanagh Street take pride and place above&nbsp;Melbourne’s internationally acclaimed Arts Precinct.

The two towers form part of developer OSK Property's expansive mixed-use development which won the Best Mixed Use Development and the Best High Rise Architecture awards at the Asia Pacific Property Awards in 2020 and was&nbsp;a nominee in the 2022&nbsp;Victorian Architecture Awards.

[smartcode_project:default project_id=2929 project_image_fid=201012]

Designed in partnership by Cox Architecture and Carr Design, the apartments in both towers were crafted to create a timeless aesthetic, with the interiors created in collaboration with interior design house Coco Republic.

There are only a handful of two and three-bedroom apartments remaining. The two-bedroom units, which come with two bathrooms, start from $757,800, and the three-bedroom apartments from $1,247,000.

[smartcode_project:default project_id=2929 project_image_fid=200839]

Each tower features two levels of amenity on the podium, including a 50-metre swimming pool, a gym, seating and lounge areas, and a number of dining spaces.

Over 6000 sqm of public space has been included across the ground floor of the towers, with a landscaped public park, along with a number of green spaces and walkways, in addition to a full-line double-storey Woolworths, and a plethora of eateries, retail and dining options, from espresso bars, to cafes and bottle shops.&nbsp;

[smartcode_project:default project_id=2929 project_image_fid=200861]

OSK recently launched the next phase of the masterplanned community, BLVD, a 73-level tower which will bring a further 619 apartments to the masterplan.&nbsp;

[smartcode_project_cta:default project_id=2929]

Designed in partnership by Cox Architecture and Carr Design, the apartments in both towers were crafted to create a timeless aesthetic, with the interiors created in collaboration with interior design house Coco Republic

A buyer's guide to Southbank's completed Melbourne Square apartments

Designed-focused Melbourne developer&nbsp;Neometro has submitted plans for a collection of 23 apartments in the heart of the vibrant Fitzroy neighbourhood, in collaboration with award-winning Melbourne architectural studio Edition Office.

The project, 450 Gore Street, between Brunswick Street and Smith Street, is located in a leafy residential pocket of Fitzroy. It and has a distinct geometric form elevated by subtle sculptural detailing. Neometro are targeting a gas free project, with a 7.5&nbsp;star NatHERS energy rating. A mix of one, two and three-bedrooms will be on offer.

The intention of the design of 450 Gore Street is to complement its urban residential surroundings, with it being positioned alongside Victorian terraces, worker's cottages, and an established tree canopy. It will feature&nbsp;raw concrete, coloured tactile bricks, clear fluted glass and deep forest green painted metal detailing.

<img alt="Neometro" data-entity-type="file" data-entity-uuid="f1395129-2731-48fc-8b22-5bf454e0d56f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-07-04%20at%204.22.13%20pm_0.png?VersionId=MZrxiVOv4vYsoYrBe3lsmvNeZ2NN75zl" />

The building features a carefully staggered facade, designed in line with detailed shadow analysis to maximise natural light into each building while protecting residents’ privacy. Giving way to deep private balconies, the unique design also affords each apartment direct access to outdoor space.

Floor to ceiling windows offer impressive views out across the inner-north suburbs and towards Melbourne’s central business district, which will remain protected due to the location’s zoning rules.

The building’s ground floor apartments feature generous interior volumes, which actively engage with the street and are a natural evolution of Neometro’s loft typology in size and scale.

<img alt="Neometro" data-entity-type="file" data-entity-uuid="08fd48c4-3fac-4624-b613-a940aeef6a66" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-07-04%20at%204.00.25%20pm.png?VersionId=xa1ktvKQfmfuz_xxMKaq9pCqQAiVH2r5" />

The project marks a long-lasting connection between Neometro and the City of Yarra, where it has completed 10 projects, including its first ever project 35 years ago, 51 Little Smith Street in Fitzroy.

“Since 1985, we’ve worked to deliver better architectural outcomes for the City of Yarra," Neometro Director Jeff Provan says.

"Our buildings are designed to provide for people over the course of their lives and our long-standing residents in this suburb are testament to the quality of Neometro homes."

<img alt="Neometro" data-entity-type="file" data-entity-uuid="d5a0b7d5-8d2c-4943-9401-c99ed2a22da5" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-07-04%20at%204.22.01%20pm.png?VersionId=vpbWFLW8GkaQd5qNLWyzndsy2msyqkN1" />

450 Gore Street will be the first project Neometro and Edition Office have worked on together.

Neometro Director Lochlan Sinclair says the&nbsp;building represents a new partnership founded on shared values and mutual respect.

"We are very pleased to be finally coming together, to create this stunning addition to Fitzroy and continue our long-lasting connection to the suburb," Sinclair said.

Edition Office is ran by Aaron Robert and Kim Bridgland. Bridgland says the&nbsp;architectural language of the existing industrial and post industrial buildings in Fitzroy is strong horizontal banding often supported on large robust columns or piers," Bridgland says.

"This defines the pedestrian experience and retail frontages along many of the streets and we feel is a detail worth celebrating. We have reinterpreted the recurring motif into a new design aesthetic. The banding becomes the mechanism through which to unite the site’s industrial heritage and Gore Streets’ residential fabric.

Neometro will be taking registrations of interest this month, with an official launch expected in early 2024.

The project, 450 Gore Street, between Brunswick Street and Smith Street, is located in a leafy residential pocket of Fitzroy



First look exclusive: Neometro file plans for Gore Street, Fitzroy apartments

Crossley &amp; Bourke, the newest apartment development to launch in West Footscray, is offering a bit of something for everyone.

The project, which will have 110 apartments across two symmetrical buildings connected by a sky bridge, caters for every demographic, Bricks &amp; Mortar Director Sahil Bhasin, who is selling the project for developer M Property, says.

He expects first home buyers to be keen on the entry-level, one-bedroom apartments, which start from $455,000, and downsizers to be more focused on the larger two and three-bedroom apartments, the latter of which are priced from $859,000.

Some of the three-bedroom penthouses, with fireplaces and integrated Miele appliances, have extensive private terraces with over 100 sqm of outdoor space.

[smartcode_project:default project_id=134538 project_image_fid=215499]

"There's something for everyone in Crossley &amp; Bourke," Bhasin says, adding that he is also expecting to be fielding interest from investors for the one and two-bed apartments.

"There's a lot of appeal to both the project and the area which will attract investors," Bhasin said.

He was speaking to the infrastructure upgrades happening in the area, from the $77 million redevelopment of the neighbouring Victoria University Whitten Oval, home of the Western Bulldogs, to the $11 billion Metro tunnel, $6.7 billion Westgate Tunnel, and the new $1.5 billion Footscray Hospital Precinct.

[smartcode_project:default project_id=134538 project_image_fid=215501]

There's also a vacancy rate of just 1.3 per cent in the area, which has seen compound growth of 8.6 per cent in the last 12 months.

The location will be a big driver for all purchasers, Bhasin says, given the project's proximity to the train station and the popular Barkley Street.

It's a five-minute train to Footscray Markets and Footscray Central's amenity, while just 15 minutes to the Melbourne CBD. There's 10 educational facilities, from childcare through to tertiary and adult education, less than two kilometres from the front door.

Artisan Architects Director John Hair, who designed the project, said the&nbsp;facade speaks to the neighbourhood’s industrial past - exhibiting red brick, concrete and steel.

[smartcode_project:default project_id=134538 project_image_fid=215505]

"While the overall design blends strong clean lines with multiple parts that combine to form one cohesive whole, inspired by the many facets of the community and its unique character."

Hair says the&nbsp;landscape design brings a layer of greenery that is integrated into the recesses of the façade and the central sky garden is inspired by the traditional village green and central square where the community comes together to socialise and celebrate.

The building is targeting a 8.3 NatHERs rating, with each apartment featuring passive solar design and ventilation through its&nbsp;own self-contained ventilation system that flows directly to the outdoor area, rather than through internal ducts or a complex roof ventilation system, delivering clean, fresh air into the apartment.

[smartcode_project:default project_id=134538 project_image_fid=215504]

The project is being delivered by M Property, who have already completed demolition on the Cross Street site. Valeo Constructions is handling the build.

The project will feature a wellness centre,&nbsp;which will be taken over by an independent business when the building is completed, around Q4 2024.

[smartcode_project_cta:default project_id=134538]

The project, which will have 110 apartments across two symmetrical buildings connected by a sky bridge, caters for every demographic, Bricks & Mortar selling agent Sahil Bhasin says.



Crossley & Bourke apartments launch in West Footscray

Melbourne's unit market continues to gather steam.

Property data analytics firm CoreLogic's Monthly Hedonic Home Value Index found the value of Melbourne units grew by one per cent in June, following gains of 0.9 per cent in May and a more modest 0.1 per cent rise in April.

Growth in the unit market, which incorporates both apartments and townhouses, outstripped the growth in house values in June. House values rose 0.9 per cent.

CoreLogic's Research Director Tim Lawless says a lack of available supply continues to be the main factor keeping upwards pressure on housing values.

“Through June, the flow of new capital city listings was nearly -10% below the previous five-year average and total inventory levels are more than a quarter below average.

"Simultaneously, our June quarter estimate of capital city sales has increased to be 2.1% above the previous five-year average.”

Although housing values continue to record a broad-based upswing, the pace of growth across most capitals eased in June.

“A slowdown in the pace of capital gains could be a reflection of a change in sentiment as interest rate expectations revise higher,”&nbsp;Lawless added.

“Higher interest rates and lower sentiment will likely weigh on the number of active home buyers, helping to rebalance the disconnect between demand and supply.”

<h1>Melbourne's off the plan update July 2023</h1>

Reports from local agents is that downsizers continue to be the key market segment in the off the plan space.

Burton's Estate Agents' Jack Roberts says he's seeing the interest rate environment of 2023 has all but precluded the first home buyers from the market for the next few quarters.

He says the undersupply of good quality apartments has started to grip the top end of the market, and that's encouraging downsizers to make quicker decisions than they tend to.

"We have had a steady increase of buyers enquiring on projects, then informing the team they will not be going ahead and would rather the certainty of established property, only to return to the display suite three or six months later and say what they want is only available off the plan."

Roberts has seen the trend at South Yarra House, the sustainable South Yarra project by Nick Moylan's Wattletree.

[smartcode_project:default project_id=112970 project_image_fid=214708]

The SJB-designed, Art Deco-style development offers a range of three-bedroom apartments starting from $1.8 million. They each have two bathrooms and two car spaces.

The project also features a rooftop pool, private dining area with barbecue terrace, and seated breakout areas set in extensive landscaping.

"Established Apartments from 165 sqm to 260 sqm are very hard to find now, especially if you are also looking for a high level of interior appointment," Roberts says.

"This is forcing buyers back into off the plan where they can also receive a high level of customisation."

[smartcode_project:default project_id=112970 project_image_fid=214717]

Darren Blair from Blair PropertyGroup says 2023 was been an interesting year in off the plan apartment market.

"It has been the biggest two-speed market on record - influenced by product type, sales channel, and price point," Blair said.

"We all know this could be one of the most challenging moments in recent history for developers. The cost of development has skyrocketed over the last two years, exacerbated by the cost of capital in an interest rate tightening cycle.

"The local retail market is there however, and enquiry remains relatively strong."

Blair is marketing Samuel Property's recently completed Brighton development Willow, a collection of just 14 two, three and four-bedroom apartments.

[smartcode_project:default project_id=27554 project_image_fid=214528]

The Well Street project has been designed by architecture firm Bayley Ward, who pushed the envelope when creating the development which features a striking curved facade.

"We wanted each owner to experience a home that’s truly a step above," says Romy Jackson, Development Director at&nbsp;Samuel Property.

"Every residence is tailored to sit comfortably within the tranquillity of the leafy streetscape, whilst optimising the quality of views, light, acoustics and air quality.&nbsp;

[smartcode_project:default project_id=27554 project_image_fid=214531]

“Willow has been designed and built for longevity. We consider the final outcome to be a timeless contribution to the character of the neighbourhood."

Farey &amp; Co Director Jarrod Farey said he's noticed a significant increase in demand for developments that have commenced construction, and or are nearing completion.

"With buyers concerned about the risk of an off the plan development actually getting off the ground, now wanting to secure the safer option, albeit happy to lose out on the stamp duty savings." Farey said.

Farey has seen that at Albero Greensborough, Citinova's boutique apartment project which is expected to be completed Q4 2023. The block of just 45 apartments has catered for every buyer, given the entry level $450,000 one-bedroom apartments, and the generously sized two-bedroom apartments from $630,000.

[smartcode_project:default project_id=4722 project_image_fid=212352]

Farey also noted the abundance of downsizers in both enquiries and purchasers.

"[They] have a need to move and not necessarily impacted by market conditions and our the interest rate hikes as they are mostly cash buyers.

&nbsp;A new trend emerging however Farey has seen is enquiry from from international buyers, mostly from China and Singapore who are wanting to secure a new property in a reputable school zone for their children.

CoreLogic's Research Director Tim Lawless says a lack of available supply continues to be the main factor keeping upwards pressure on housing values

City Beat July 2023: Melbourne units outperform houses as growth soars

Anplus has brought together an award-winning team for their latest residential project in Melbourne's western suburbs.&nbsp;

Designed in collaboration between DKO Architecture and Jack Merlo, Seddon Square is set to redefine urban living with its thoughtfully designed quadrants, seamlessly interconnected by a spacious urban oasis.&nbsp;

The inaugural residential stage of Seddon Square, known as Walter Lane, stands at the corner of Walter and Albert Streets.

Comprising a total of 77 residences, ranging from one-bedroom apartments to spacious three-bedroom homes, Walter Lane caters to a diverse range of living preferences.

[smartcode_project:default project_id=107742 project_image_fid=202089]

The southern edge of the building is adorned with a series of two and three-story townhouses, each featuring individual front entries.&nbsp;

Most of the apartments are oriented towards the west, affording panoramic views of the neighbouring park. Alternatively, others face east, providing vistas of Melbourne's city skyline.

[smartcode_project:default project_id=107742 project_image_fid=202090]

Situated amidst the thriving inner western suburbs of Melbourne, Seddon finds itself bordered by two dynamic neighbourhoods, Footscray to the north and Yarraville to the south, with the areas renowned for their diverse, and culturally rich atmospheres.

Seddon Square benefits from its proximity to an array of entertainment options, trendy shopping districts, and an abundance of dining and drinking venues.

[smartcode_project:default project_id=107742 project_image_fid=202103]

The development is also just seven kilometres from Melbourne's bustling CBD.

Prices at Seddon Square begin from $499,000, while the three-bedroom townhouses are priced from&nbsp;$1.3 million.

[smartcode_project_cta:default project_id=107742]

The inaugural residential stage of Seddon Square, known as Walter Lane, stands at the corner of Walter and Albert Streets.

Anplus brings together award-winning collaborators for Seddon Square

When Forte Group secured a prime Johnson Street site in the heart of Reservoir, they set out to create an oasis away from the hustle and bustle of Melbourne's city.

That's exactly what they've done with Cappella Apartments, commissioning Hachem to design a building within a&nbsp;tranquil setting just 12 kilometres from Melbourne CBD.

Within the confines of Cappella Apartments, residents will discover a community fostered by welcoming shared spaces, ground level shops, and a communal garden.

[smartcode_project:default project_id=24443 project_image_fid=157260]

The entry point sets the tone for the whole complex, featuring vertical gardens and a series of artworks.

Residents will find street-level retail spaces conveniently located just outside their door, while the communal herb and vegetable gardens will allow residents to collaborate and cultivate fresh produce together.

The apartments themselves are designed with modern living in mind. The lounge areas seamlessly connect to spacious balconies, creating flexible and interconnected living spaces.

[smartcode_project:default project_id=24443 project_image_fid=157264]

The contemporary design choices showcase a balanced palette, offsetting crisp whites with timber accents, while flooding the interiors with an abundance of natural light.

Residents will have a wide range of recreational opportunities right at their doorstep, whether it's going for a refreshing run or a leisurely bike ride along the Yan Yean Pipe Track Linear Reserve or a game of tennis at the nearby JC Donath Reserve.

[smartcode_project_cta:default project_id=24443]

Inside the completed Cappella Apartments in Reservoir

Builder developer Valeo Constructions will soon complete works on their West Melbourne apartment project, Stanley &amp; Roden.&nbsp;

The six-level building, which will home 43 apartments, is located on the fringe of the city, bordering the city centre, North Melbourne and Docklands

[smartcode_project:default project_id=4625 project_image_fid=212004]

It sits at the heart of a highly walkable area bursting with parks, historic buildings, vibrant street life and something new to discover around every corner.

&nbsp;

Stanley &amp; Roden's facade draws inspiration from the neighbourhood's industrial heritage while still imbuing a modern twist, with red brick on the lower levels before the upper apartments don a more modern and contemporary finish.&nbsp;&nbsp;

A mix of one, two and three-bedroom apartments are on offer, each benefitting from stone benchtops, timber flooring and views to the city skyline.&nbsp;

[smartcode_project:default project_id=4625 project_image_fid=212005]

One-bedroom apartments are priced from $520,000, while two-bedroom apartments start at $715,000. The three-bedroom apartments start from $1.4 million.

Valeo Constructions has been involved in Brunswick's Lygon Place project and West Melbourne's&nbsp;Felton &amp; Grimwade, which is also soon to welcome buyers.

[smartcode_project_cta:default project_id=4625]

West Melbourne's Stanley & Roden nears completion

Nestled in the charming suburb of Doveton, just on the outskirts of Dandenong CBD, Goldfield Group's Parklife presents a collection of townhouses that epitomise the fusion of space, convenience, and lifestyle.

With its picturesque surroundings and easy access to a range of amenities, Parklife is now in its stage three and four of release, with a mix of one, two, three and four-bedroom townhomes.

[smartcode_project:default project_id=27478 project_image_fid=85795]

Positioned adjacent to a reserve, creek, and golf course, Parklife offers its residents both a view and ample room to move around.

The development boasts a strategic location with excellent connectivity, with residents finding themselves just a stone's throw away from the bus stop services on Box Street, offering a direct route to Dandenong Plaza, the shopping centre in the area, a mere four-minute drive away.

For those who prefer public transportation, Dandenong Train Station is conveniently located a short two kilometres away, making commuting a breeze, while families with children will appreciate the proximity of kindergarten, primary, and secondary schools, ensuring educational needs are easily met.

[smartcode_project:default project_id=27478 project_image_fid=85794]

The townhouses at Parklife are built with high-quality fixtures and fittings, ensuring a comfortable living experience, with optional upgrades available for those who desire a personalised touch.

The one-bedroom townhomes are priced from&nbsp;$415,980, with construction underway on the development.&nbsp;

[smartcode_project_cta:default project_id=27478]

Positioned adjacent to a reserve, creek, and golf course, Parklife offers its residents both a view and ample room to move around

Latest Victoria Property News

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

Editor's Picks

Developments

New apartments

New townhouses

News

Latest Victoria Property News

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

Editor's Picks

Receive the latest news stories to your inbox

Developments

New apartments

New townhouses

News