<a href="https://www.urban.com.au/developers/far-east-consortium">Far East Consortium</a>’s 640 Bourke Street stands as a testament to&nbsp;<a href="https://www.urban.com.au/developments/melbourne-vic-3000">Melbourne</a>’s ability to bridge its storied past with a bold vision for the future.&nbsp;

Rising above the heritage-listed Eliza Tinsley building, the development reflects a broader shift toward adaptive reuse in the city, where historical assets are retained and reinterpreted as part of new residential development.

Designed by <a href="https://www.urban.com.au/architects/rothelowman">Rothelowman</a>, <a href="https://www.apartments.com.au/new-apartments/640-bourke-street-melbourne-640-bourke-street-melbourne-vic-3000">640 Bourke Street</a> incorporates the Eliza Tinsley building as its foundation, housing a grand gallery and lobby space that serve as both a functional and symbolic centrepiece. The heritage façade informs the tower’s design, creating a connection between Melbourne’s past and its contemporary skyline.

"It's a significant asset and wants to be celebrated and experienced by all residents every single time they go in and out of the building," Rothelowman Principal Stuart Marsland said.

[smartcode_project:default project_id=509 project_image_fid=365684]

Above this historic base, the 68-storey tower will deliver just over 600 residences, a notable reduction from earlier schemes, reflecting a deliberate move toward larger-format apartments and a stronger owner-occupier focus.

Unlike traditional CBD developments that prioritised investor stock, 640 Bourke Street has been repositioned to respond to changing buyer expectations.

"The discussion was all around making 640 Bourke Street the best residence to live in, to be much more focused on the people in the building rather than people looking at the building," Marsland explained.&nbsp;

This shift is evident in the development’s interiors, which emphasise practical luxury with spacious layouts, high ceilings, and floor-to-ceiling windows framing sweeping views of Melbourne and Port Phillip Bay.&nbsp;

“What it's meant for 640 Bourke is we've actually reduced the number of apartments. We've increased the overall size of the apartments. We don't have any studios in here, and what that does for a project is it elevates it," Lauren Sheldon, Far East Consortium’s Director of Sales and Marketing, said.&nbsp;

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Rothelowman Associate Jun Chang added, "We were given the opportunity to be more generous. The apartments became bigger and squarer than any other apartments which had been designed in the CBD before that."&nbsp;

Amenities spanning more than 3,000 sqm across multiple levels further reinforce this focus on resident experience. These include a pool, gym, co-working areas, and a range of hospitality-inspired spaces such as a whisky lounge, library, and private dining rooms, many drawing reference from traditional bathhouses and Melbourne’s laneway culture.

"We wanted to make both the pool and the gym area to be absolutely destinational, and when you traverse across to these spaces, there is a gentle familiarity to the beautiful notions of the hammams and the Roman baths, a gentle nod to history," Chang noted.

At street level, the project contributes to the ongoing transformation of the western CBD, with upgrades to Langs Lane and the introduction of retail, hospitality, and gallery spaces designed to activate the precinct and strengthen its connection to the surrounding city fabric.

[smartcode_project:default project_id=509 project_image_fid=365689]

The location places residents within walking distance of Southern Cross Station, Flagstaff Gardens, Queen Victoria Market, and the Docklands waterfront, positioning the development within a rapidly evolving inner-city neighbourhood.

"We believe it's the best site left in the city of Melbourne," Craig Williams, Executive Director at Far East Consortium, said.&nbsp;

640 Bourke Street is Far East Consortium’s 14th building in Melbourne’s western CBD.

"A very elegant designed building. It's going to be a Melbourne statement for many, many years to come."

One-bedroom apartments are priced from around $640,000, with 640 Bourke Street targeting completion in 2029.

Renders shown are Artist's Impressions correct as of May 2026.

[smartcode_project_cta:default project_id=509]

Joel Robinson

Heritage-led design anchors Far East Consortium’s 640 Bourke St, Melbourne

<a href="https://www.apartments.com.au/developers/mayd-group">MAYD Group</a> has set a new residential price record in Queensland with the $30 million sale of the penthouse at its <a href="https://www.apartments.com.au/new-apartments/one-burleigh-88-the-esplanade-burleigh-heads-qld-4220">ONE Burleigh</a> development in Burleigh Heads.

The sale equates to around $37,500 per sqm.

The two-level, 800 sqm penthouse, featuring five bedrooms, five bathrooms, five car spaces, and a private infinity pool overlooking the Pacific Ocean, was acquired by a Gold Coast-based entrepreneur, highlighting continued demand for ultra-premium beachfront product.

Selling agent Freddie Tehle of PRD Burleigh Heads said the result reflects tightening supply of high-quality, large-format apartments in Burleigh.

“There’s very limited opportunity to secure this level of scale and absolute beachfront position in <a href="https://www.apartments.com.au/developments/burleigh-heads-qld-4220">Burleigh Heads</a>,” Tehle said.

“Buyers are increasingly seeking apartments that genuinely replace a standalone home, and this penthouse delivers that with its size, privacy, and direct ocean frontage.”

[smartcode_project:default project_id=146358 project_image_fid=323057]

The sale comes as construction progresses on ONE Burleigh, a boutique development of 17 full-floor residences at 88 The Esplanade, scheduled for completion in early 2027.

Developed by MAYD Group and designed by <a href="https://www.apartments.com.au/architects/mas-architecture-studio">MAS Architecture</a> with interiors by <a href="https://www.apartments.com.au/interior-designers/sici-design">Sici Design</a>, the project has been positioned as a collection of house-sized beachfront apartments, each occupying an entire floor with around 381 sqm of internal and external living space.

When construction commenced, MAYD director Todd Mould pointed to the long-term resilience of premium coastal real estate as a key driver behind the project.

“Real estate, particularly at the premium end, remains one of the most resilient and proven long-term investment avenues,” Mould said.

“Our ambition is that anyone who buys a MAYD-built product can genuinely feel the care, craftsmanship and commitment we bring to every detail.”

[smartcode_project:default project_id=146358 project_image_fid=323055]

Each residence has been configured with four bedrooms, multiple living zones, a private office, and expansive ocean-facing terraces. Interiors draw on a restrained material palette, including travertine stone, timber joinery, and integrated premium appliances.

Interior designer Sici Design said the approach was to reflect the project’s coastal setting through both materiality and spatial planning.

“ONE Burleigh is our vision of luxury living, designed to bring the essence of Burleigh Heads' vibrant coastal beauty into an unparalleled residential experience.”

Residents will have access to a suite of wellness-focused amenities, including pools, sauna facilities, and dedicated relaxation spaces, reflecting a broader shift toward lifestyle-driven apartment design on the Gold Coast.

[smartcode_project:default project_id=146358 project_image_fid=323052]

The project occupies a southern Esplanade site with uninterrupted beachfront frontage, an increasingly rare offering in Burleigh Heads, free from the Norfolk Pines that line much of the coastline and often limit direct ocean outlook.

Mould said the design intent was to balance that outlook with a sense of retreat.

“Living at ONE Burleigh is about how your day naturally unfolds, morning light across the ocean, coffee on the balcony, and being in Burleigh but elevated above the noise.”

The result further reinforces Burleigh Heads’ emergence as one of the Gold Coast’s most tightly held and supply-constrained beachfront markets, where boutique, owner-occupier-focused developments are increasingly setting new price benchmarks.

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MAYD Group sets Queensland record with $30 million penthouse sale at ONE Burleigh in Burleigh Heads

Apartment developers in the Gold Coast are finding new, creative ways to differentiate themselves from competing projects, as new supply starts to flow through up and down the Coast.

Developer BIG Projects brought in the renowned Sydney-based design studio YSG Studio to craft the interiors for The Frederick, BIG Projects' new Mermaid Beach project and YSG Studio's first move into the multi-residential development space.

[smartcode_project:default project_id=110588 project_image_fid=5346]

It was a strategic move for BIG Projects to bring in a Sydney eye to the development.

“Our role is to give our design partners the space and freedom to explore,” says Matt Barrett, Director of BIG Projects.

“We wanted YSG Studio to capture the essence of Nobby’s, to design a building that embraces life, light and connection, while creating a genuine sense of place.”

There are only 39 apartments in The Frederick, including a striking beach house, just 100 metres from the booming Nobby Beach precinct.&nbsp;

[smartcode_project:default project_id=110588 project_image_fid=5347]

Yasmine Ghoniem, Director of YSG Studio, says their vision&nbsp;for The Frederick "reinvents coastal living."

“Nobby’s has such an iconic energy, it’s one of those rare pockets of the Gold Coast where the community, the beach, and the streets all feel connected,” Ghoniem says.

"Responding to the neighbouring coastline, soothing curves add a relaxing regional overlay, while unique detailing really sets it apart. It’s a place that feels lived in from the moment you step inside.”

A standout feature of The Frederick is its rooftop terrace, an uncommon inclusion for a boutique, low-rise building, where amenity is typically concentrated at ground level.

[smartcode_project:default project_id=110588 project_image_fid=5360]

Positioned to capture panoramic views from the hinterland to the ocean, the rooftop has been designed as a series of intimate zones. It includes a pool, sauna, sun decks, workspaces and dedicated entertaining areas.

“The rooftop was conceived as a collection of spaces where residents can unwind and connect, an extension of the Nobby’s lifestyle,” Barrett says.

Architecture for the project was led by Plus Studio, with landscape design by LDG Landscape Architecture.

SRQ Projects Director Nick Clydsdale, who is handling sales at The Frederick, says the majority of enquiry is coming from South East QLD and Victorian buyers who have been actively searching between Broadbeach and Mermaid Beach for some time.

"They’ve reviewed a number of projects, however this one has stood out for its unique detailing and compelling design,"&nbsp;Clydsdale says.

Site demolition is slated for this month, with construction commencing soon after. BIG Projects is targeting a late 2027 completion.

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Sydney’s YSG Studio makes Gold Coast multi-residential debut with BIG Projects at The Frederick

Melbourne-based property developer ALTA Property has this week achieved planning approval for the adaptive re-use of a former commercial tower into a $200 million, 169-apartment project at 10 Queens Road, one of the last developable sites along the Albert Park Lake-fronting boulevard.&nbsp;

Set within one of Melbourne’s most sought-after precincts and designed by <a href="https://www.apartments.com.au/architects/fraser-partners-0">Fraser and Partners</a>, the illustrious building will offer unparalleled views across Albert Park Lake, Port Phillip Bay and Melbourne CBD.&nbsp;

The mix of 1, 2 and 3-bedroom residences will be complemented by a ground-floor amenity featuring private dining, a lounge bar, gym and wellness spaces, co-working, outdoor communal gardens, and retail.&nbsp;

The 17-storey building is a masterclass in adaptive re-use, with the existing commercial building’s façade, shell and internal structure to be retained, before high-end residences are built from the ground up in a newly built Albert Park facing addition to the building.&nbsp;

Sitting atop the building will be two 320+sqm penthouses with private rooftop terraces, which are expected to be priced between $9 - $11 million.&nbsp;

<img alt="ALTA Property achieves permit approval for $200 million Queens Road tower" data-entity-type="file" data-entity-uuid="aa11211b-5581-43f9-940c-fc84d30a0e61" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/C_04.png?VersionId=Yhf5p_1EgGDu_zOIMFgvA8Ug8j3sTFQs" />

Architecturally, the building will feature a curved, geometric façade that celebrates and elevates the existing structure, with warm, muted tones which were selected to extend the materiality of the existing building rather than contrast it.&nbsp;

Interiors will bring together three metre high ceilings with waffle concrete in some spaces, natural timber, granite and Australian materials, culminating in crafted, generous and considered spaces that are defined by authenticity.&nbsp;

The adaptive re-use means that the Queens Road project will be a sustainability led, high-quality finished product, with a 62% saving in carbon emissions by re-using the existing structure rather than knocking it down and rebuilding.&nbsp;

ALTA Property was launched by Nigel Givoni in 2023, bringing over 25 years of experience in multi level residential delivery.&nbsp;

Melbourne’s property market growth is currently led by apartments. According to RPM VIC Apartments &amp; Townhomes Market Report (April 2026), units are outpacing houses, especially in the middle ring suburbs where median prices hit $757,500 – a four-year high that represents 2.9 percent growth quarter-on-quarter.&nbsp;

<img alt="ALTA Property achieves permit approval for $200 million Queens Road tower" data-entity-type="file" data-entity-uuid="647e13d7-b4bc-433a-9bc9-fe3c3dd4f2ec" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/V_06.png?VersionId=ou4NUCWUgA3NAy.6CQJlEdKX50j3dOk6" />

For ALTA Property Founder Nigel Givoni, this performance speaks to the confidence he has in the Melbourne market.&nbsp;

“Queens Road represents a rare opportunity to continue to shape our presence in the Melbourne market.,"&nbsp;Givoni says.

"With a considered project team and a premier site along one of the city’s most sought-after boulevards, we look forward to contributing to the fabric of this established address.

“Other Australian markets are getting a lot of attention, but I believe the depth of value in Melbourne is being overlooked. The fundamentals are strong, population growth is steady and, based on our preliminary conversations with a leading builder, construction costs are beginning to normalise, creating further opportunity."

Givoni says the project is a&nbsp;highly considered example of adaptive re-use, delivering quality, high-end residences, premium hotel-inspired amenities and an architecturally striking façade, all achieved without the need to remove the existing structure.

"We are really looking forward to the market’s response,” he said.&nbsp;

ALTA Property to deliver $200 million Queens Road apartment tower

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

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

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

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

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

Every First Home Owner Grant for new property by state

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

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

Staff Writer

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

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

alisonwarters@gmail.com

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

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

Ellen Walker

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

Situated in the prestigious South Melbourne postcode, The BelleVue apartments are set to redefine smart home living.

The boutique multi-level townhouses boast seamless integration of KASTA smart home automation technology, providing a new level of convenience, energy efficiency and security.

[smartcode_project:default project_id=8030 project_image_fid=163692]

<h3>Smart Home Automation at Your Fingertips</h3>

With KASTA's Bluetooth technology, residents can effortlessly connect and control their home lighting and appliances wirelessly, without the need for an internet connection.

The intuitive wall switch provided in each apartment enables improved energy efficiency and everyday security, making it easier than ever to manage your home environment.

<h3>Enhanced Security and Convenience</h3>

The BelleVue apartments go beyond traditional security measures by offering residents the ability to control and monitor their doors from anywhere using their smartphones.

The KASTA system allows for keyless access control, enabling residents to lock and unlock their doors remotely, while also&nbsp;keeping track of everyone who enters and exits the premises.

The door lock can also be integrated with the smart home system, initiating welcome home scenes or turning off all connected devices when locking up.

[smartcode_project:default project_id=8030 project_image_fid=163688]

<h3>Remote Control and Monitoring</h3>

Through the KASTA Wi-Fi Gateway, residents can remotely control and monitor their homes from anywhere in the world. This feature provides the convenience of checking the status of various home systems and adapting them to suit their preferences, even when they are away.

Residents can easily connect their smart homes to popular voice control assistants such as Amazon Alexa or Google Home, offering a hands-free experience in managing their home environment.

<h3>Energy Efficiency and Comfort</h3>

The integration of motorised blinds or curtains in the BelleVue apartments allows residents to enjoy significant energy savings while enhancing safety and comfort.

The automated window coverings can be controlled remotely, allowing residents to adjust lighting and privacy levels with ease.

Additionally, the KASTA system enables the automatic switching off of unused appliances, ensuring energy conservation. Residents can also reactivate these appliances remotely or even before arriving home.

[smartcode_project:default project_id=8030 project_image_fid=163694]

<h3>Customised Scenes for Every Occasion</h3>

Residents at The BelleVue apartments can create personalised scenes to suit different situations. Whether it's the relaxing ambiance of the "Relax" scene, the invigorating start to the day with the "Good Morning" scene, or the perfect atmosphere for dining with the "Dining" scene, each scene automatically adjusts various features throughout the apartment.

For instance, the "Good Night" scene turns off bedroom, kitchen, living, dining, and stair lights, while the "TV" scene dims the living room lights to 20 per cent and switches off lights in other areas.

[smartcode_project_cta:default project_id=8030]

Luxury living meets cutting-edge technology at The BelleVue townhouses in South Melbourne

Brunswick West is a bustling and vibrant neighbourhood that has long been known for its diverse population, rich cultural heritage, and an eclectic mix of cafes, bars, and shops.

Property developer AVJennings, in partnership with Homes Victoria, is developing&nbsp;Harvest Square at 8 Kitchener Street,&nbsp;with the project set to cater to a variety of buyers, offering a diverse range of housing options.

The new Harvest Square buildings will comprise of a mix of public and private housing as a part of the Victorian Governments $86.05 million investment into the redevelopment in Brunswick West as part of the state's Public Housing Renewal Program.&nbsp;

[smartcode_project:default project_id=139951 project_image_fid=212688]

The private component of Harvest Square will offer a range of floorplan options in the new inner north community, with a mix of one, two and three-bedroom apartments, as well as a collection of two and three-bedroom townhouses, designed by the architects at SJB. &nbsp;

The buildings have been designed with sustainability in mind and is independently certified to achieve 5 Star Green Star, 7 Star NatHERs, and Gold and Silver Liveable Housing Design ratings.

A liveable home is designed and built to meet the changing needs of occupants across their lifetime. Liveable homes include key living features that make them easier and safer to use for all occupants including people with disability, ageing Australians, people with temporary injuries, and families with young children.&nbsp;

Harvest Square is also an all-electric community, while also boasting an 18-metre wide green corridor with productive plantings for all to enjoy.

Publicly accessible open and green spaces will be developed across the site by Tract Consulting, including a green spine running through the site, delivering up to 3,200 sqm of open space.

At least five per cent of the new social housing homes will be easy to access for Victorians with disabilities, with drop-off areas, paths, lifts and car parking set to be included, in addition to the design of some of the homes, with kitchens, bathrooms and storage set to also be very accessible.

[smartcode_project:default project_id=139951 project_image_fid=212691]

Located just six kilometres from the CBD, Brunswick West is a highly accessible suburb, with a realm of public transport links and easy access to major roads and highways, including the CityLink Freeway. The area is known for its vibrant community atmosphere, with a mix of young professionals, families, and students all calling Brunswick home.

The well-established community also places residents within proximity to a range of local parks and playgrounds, including Dunstan, Jacobs and Montgomery Reserves, along with a plethora of cafes, shops, and schools.&nbsp;

The Moonee Ponds Creek Trail and the Capital City Trail are also easily accessible from Harvest Square.&nbsp;

Construction team&nbsp;Arc3 has been tasked with building the community, which is slated for completion in December 2024.&nbsp;

[smartcode_project_cta:default project_id=139951]

AVJennings launch Harvest Square in Brunswick West

Moonee Ponds will soon welcome the arrival of it's latest residential development, with construction on Eloquence on Buckley Street well underway.

Boasting a limited collection of 35 residences, WM Property Group engaged John Demos Architects to design the project, which offers a range of three-bedroom floorplans.

“Creating a harmonious living experience, there is a beautiful sense of cohesion between the architecture and interiors in both materiality and form," Demos said.&nbsp;

[smartcode_project:default project_id=5448 project_image_fid=196250]

The facade of Eloquence features a combination of fluted concrete and steel pattern-work which creates a textural interplay that is both visually striking and refined. The extensive use of glazing grants residents panoramic vistas of the surrounding landscape and the city skyline.

To soften the building's strong form, verdant landscaping climbs up the structure and spills over the balconies, harmonising nature with contemporary design.

Internally, Eloquence incorporates&nbsp;French Oak floors and quality finishes, coupled with generous proportions.

Residents have the option to upgrade to a fireplace, adding a touch of luxury while providing efficient warmth, while the kitchens boasts stone benchtops, high-end appliances, and ample storage.

[smartcode_project:default project_id=5448 project_image_fid=196260]

Upper-level apartments in Eloquence offer expansive terraces with lush landscaping and city views. During warmer months, residents can open the sliding doors, seamlessly merging the indoor and outdoor spaces into an expansive entertaining area.

The penthouse apartments take outdoor living to the next level, offering the option to upgrade to a plunge pool.

For those residing on the ground floor, Eloquence provides each apartment with its own private courtyard, enveloped by an oasis of vegetation. Large paved patios offer alfresco dinner parties or a place to unwind and reconnect with nature.

[smartcode_project:default project_id=5448 project_image_fid=196263]

A focus was placed on designing the master suites inside Eloquence, with the areas bathes in natural light and providing direct access to the terraces.

Custom walk-in robes feature built-in shelves, hangers, and drawer space, while the ensuites are adorned in a textural palette of finishes, offering ample storage options and a double-vanity.

[smartcode_project_cta:default project_id=5448]

Boasting a limited collection of 35 residences, WM Property Group engaged John Demos Architects to design the project, which offers a range of three-bedroom floorplans

How John Demos designed Moonee Ponds apartments, Eloquence

Buyers have started to move into the recently completed Hawthorn apartment development, Sierra.

The architecturally-friendly project, designed in the shape of an S by&nbsp;MAP&nbsp;Architecture to maximise natural light, has been developed by&nbsp;CDG Group who have a solid track record of developing quality mutli-res and high-end homes across Melbourne's most affluent suburbs.

Nest Projects Director Nick Marinakis says buyers so far have been drawn to Sierra's prime location, one of the project's biggest selling points.

'Hawthorn is a blue chip suburb within easy reach of the CBD as well as an abundance of parklands," Marinakis says, but he suggests Sierra sits in one of the most favourable locations in the sought-after suburb.

[smartcode_project:default project_id=94104 project_image_fid=175611]

Across Burwood Road from Sierra is the Grace Park Parklands and&nbsp;Sportsgrounds, which Marinakis says isn't just for the sport enthusiasts.

"The sports ground is just the start of large expanses of walking paths and public open space, which run all the way from Power Street to Glenferrie Road, which itself as everyone knows is bustling with retail and food and beverage choices," Marinakis says.

"There's also community gardens just 50 metres away from the project, and given there's a large majority of downsizer in Sierra, we expect a number of residents to tend to the gardens regularly.

[smartcode_project:default project_id=94104 project_image_fid=212500]

The Hawthorn Aquatic Leisure Centre is a few minutes walk away with Glenferrie Oval being adjacent and Grace Park tennis club even closer.

"There's everything from leisure and nature to multiple&nbsp; cosmopolitan hospitality venues on the doorstep of Sierra. The location is almost unrepeatable, and that's just as important as the apartment itself."

The project was designed to take in the green vistas that Hawthorn is known for, with balconies strategically located just above the tree line. Parts of levels three and four will also take in district views as well as views to Melbourne CBD.

Residents are likely to get forever unobstructed views, given the railway line in proximity and Grace Park, which has strict height limits to not build over two levels.&nbsp;

[smartcode_project:default project_id=94104 project_image_fid=175602]

Siera was built on a prime 7,000 sqm plus corner site, which could have accomadated much more than the 252 apartments on offer. The project was designed for the owner-occupier.

Marinakis is fielding enquiry from first home buyers looking to get their foot on the ladder in the 59 sqm, one-bedroom apartments, as well as downsizers and rightsizers who are more keen on the 150 sqm plus, two-bedroom apartments.

The amenity continues inside Sierra, with resident amenity including a wide lap pool, a state-of-the-art equipment by Technogym, as well as a number of outdoor seating and dining areas within the internal courtyards.

[smartcode_project:default project_id=94104 project_image_fid=175608]

Everything has been considered, Marinakis says. Small touches like a separate laundry cupboard with timber panels, as opposed to the more standard laundry area in the bathroom.

A number of the apartments have recessed study nooks or study rooms, which is drawing the work-from-home buyer.

[smartcode_project:default project_id=94104 project_image_fid=175603]

The entry presents well, but isn't overstated. There's vertical slatted timber and LED lighting welcoming residents.

Prices for one-bedroom apartments at Sierra start at $500,000. The two-bedroom apartments start from $620,000.

[smartcode_project_cta:default project_id=94104]

Nest Projects Director Nick Marinakis says buyers so far have been drawn to Sierra's prime location, one of the project's biggest selling points

Sierra Hawthorn: How Hawthorn's latest apartment development draws first home buyers and downsizers

Mirvac has received planning approval for its $280 million all electric apartment development alongside Princes Hill in Melbourne's Princes Park Precinct in Brunswick.

The project, 699 Park Street, will bring a much needed 166 one, two, three and four-bedroom apartments, penthouses, and terraces, to the undersupplied Melbourne apartment market.&nbsp;

Mirvac are already preparing to kick off demolition on the 6,500 sqm site which they secured in mid-2021 from JWLand.

Mirvac’s General Manager for Residential Victoria, Elysa Anderson, said Mirvac remains focused on delivering much needed, high quality and well-designed housing options in prime inner-city locations to address the shortage of new homes.

“The fundamentals that drive residential demand remain strong – low unemployment, wages growth, the return of overseas migration and scarcity of quality product – so the timing is right for us to prepare to launch another highly anticipated apartment project," Anderson said.

“The planning approval for this site demonstrates the strength of Mirvac’s brand and ability to deliver in the current market, coupled with prospective purchasers’ ongoing appetite for premium, lifestyle-focused apartments.

“Responding to unmet demand in the owner-occupier apartment market is a significant opportunity for us, particularly with our unique and strong value proposition of an outstanding location coupled with exceptionally designed product– and we are seeing this at our Tullamore and Yarra’s Edge communities, with FORME at Tullamore over 95 per cent sold and only a handful of apartments remaining for sale in Voyager at Yarra’s Edge."

To be notified when appartments in 699 Park Street become available, <a href="/new-apartments/prince-parade-by-mirvac-brunswick-701-park-street-brunswick">enquire here</a>.

Formerly a hotel, the project features around 100 metres of frontage to Princes Park, providing uninterrupted park and city views, and is within walking distance to Melbourne’s inner-north suburbs, as well as the University of Melbourne and Royal Melbourne Hospital precinct.

699 Park Street will mark Mirvac’s third collaboration with design practice, Bates Smart, joining The Melburnian (2011) and The Eastbourne (2019) in the duo’s multi-award-winning developments.

The 699 Park Street announcement follows the recent successful launch of Trielle at Yarra’s Edge, as well as the upcoming launch of 31 Queens Lane overlooking Albert Park, highlighting the Group’s continued confidence in Victoria.

[smartcode_project:default project_id=114216 project_image_fid=211502]

“We have $3.7 billion invested in Victoria, across our apartments, masterplanned communities, retail, office and build to rent portfolios in locations around Melbourne," Anderson added.

"The Mirvac difference, underpinned by the quality of our builds, our design excellence and extensive amenity, is increasingly valued by our purchasers in the current climate.

“This is reflected in the strong levels of repeat purchasers at our projects, and is a testament to the recognition of our brand, not to mention a competitive advantage in the current market and our 50 year track record of delivering exceptional living experiences across Australia.”

699 Park Street will join Mirvac’s $6.8 billion Victorian residential development pipeline, which includes future planned apartment projects at 31 Queens Lane in Albert Park, The Fabric at Altona North and Trielle at Yarra’s Edge; following on from the successful completion of iconic apartments at FORME, Folia and Phoenix at Apartments of Tullamore in Doncaster; and The Eastbourne’s luxury residences in East Melbourne.

To be notified when appartments in 699 Park Street become available, <a href="/new-apartments/prince-parade-by-mirvac-brunswick-701-park-street-brunswick">enquire here</a>.

[smartcode_project_cta:default project_id=4802]

The project, 699 Park Street, will bring a much needed 166 one, two, three and four-bedroom apartments, penthouses, and terraces, to the undersupplied Melbourne apartment market

Exclusive: Mirvac greenlit for all electric Brunswick apartment development, 699 Park Street

Only two apartments remain at Nexus 104, the&nbsp;new low-rise development by Projects by Gartland and Glengarry Developments in Highton, around five kilometres inland from central Geelong.

The 22-apartment development, completed last year to a design by&nbsp;GKA Architects, follows the successful sellout of Nexus102 next door.

Nexus104 offers a mix of one and two-bedroom apartments, catering to a diverse range of needs and buyers, from young professional to small families.

[smartcode_project:default project_id=26489 project_image_fid=167518]

There are two apartments left for sale, apartment 23 which has one bedroom and is asking $455,000, and apartment 24, a two-bed unit which is priced at $535,000.

Beyond the immediate amenities around the development, including the new Aldi supermarket, the Nexus apartments are strategically located in close proximity to a wealth of quality retail options and sporting facilities.

[smartcode_project:default project_id=26489 project_image_fid=167519]

Residents will have access to a plethora of amenities in the vibrant suburb of Waurn Ponds. Whether it's shopping, catching a movie, or accessing premier educational, sporting, and health facilities, residents can leave their cars behind and enjoy the convenience of a Nexus lifestyle.

The Geelong CBD and the famous Surf Coast are also easily accessible.

[smartcode_project_cta:default project_id=26489]

The 22-apartment development, completed last year to a design by GKA Architects, follows the successful sellout of Nexus102 next door

Final two apartments at Geelong's completed Nexus 104 development for sale

Welcome back to another episode of Luxury Listings! 448 Brighton is a boutique development of 20 exclusive residences, metres from Elwood Beach. Watch our video tour of the newly completed $7.5M penthouse.&nbsp;

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="415" src="https://www.youtube.com/embed/xzHfrnykVCY" title="YouTube video player" width="660"></iframe>

<h2>448 BRIGHTON AT A GLANCE</h2>

Address:&nbsp;448 St Kilda Street, Brighton 
Developer:&nbsp;<a href="/developers/sunkin-property-group">Sunkin Property Group</a> 
Architect:&nbsp;<a href="/architects/sjb-architects">SJB Architects</a> 
Builder:&nbsp;<a href="/builders/wolf-group-australia">Wolf Group Australia</a>

[smartcode_project_cta:default project_id=31946]

448 Brighton is an architectural masterpiece inspired by the natural beauty of its surroundings. The elegant stone facade is complemented by fine metal inlays, creating a protective outer layer from the coastal elements and a tranquil oasis within the home.

Primely situated in a trendy pocket bordering Elwood, Brighton and Elsternwick, you're within walking distance to Elwood Bathers, Elsternwick Park and nature reserve, several shopping and dining precincts, an off-leash dog park, both Elsternwick and Gardenvale train stations and of course the stunning Port Phillip Bay where you can enjoy watersports, relaxing weekends at the beach or navigating the bay trail.&nbsp;

[smartcode_project:default project_id=31946 project_image_fid=212461]

The development is the award-winning design of renowned architect SJB, with each penthouse boasting its own generous rooftop terrace complete with barbeque facilities and offering incredible views. Penthouse 203 even includes a state-of-the-art private swimming pool.

[smartcode_project:default project_id=31946 project_image_fid=212465]

As you can see, every detail of livability has been considered within the apartments. You have not one, but three ovens – which is great for entertaining - and a butler's pantry - so if you're downsizing, you don't have to compromise on storage space.&nbsp;

One of the highlights of this home is the fact that it seamlessly extends to a stunning garden designed by famed landscape architect, Jack Merlo. This gives you flexibility to open up the space to host guests and enjoy being amongst nature without the upkeep.

[smartcode_project:default project_id=31946 project_image_fid=212470]

[smartcode_project:default project_id=31946 project_image_fid=212468]

Throughout the home, you'll notice an emphasis on maximising storage, with a range of high-quality materials selected for longevity - such as pure wool carpets, ducted heating and cooling, and double glazing to all windows.

When you purchase a home at 448 Brighton, you'll also receive an exclusive design consultation with leading interior styling company Coco Republic and indoor greening curation from Plant Society to create spaces that truly reflect your individual style.&nbsp;

[smartcode_project:default project_id=31946 project_image_fid=212460]

If you'd like to call this gorgeous penthouse home, then don't delay in enquiring as properties like this are in demand in such a sought-after area. Submit your enquiry via Urban, and book your own viewing today.

&nbsp;

448 Brighton is a boutique development of 20 exclusive residences, metres from Elwood Beach. Watch our video tour of the newly completed $7.5M penthouse. 

Olivia Round

WATCH: URBAN LUXURY LISTINGS EP 2 - 448 Brighton, VIC

In the wake of the COVID-19 pandemic, Melbourne grappled with substantial economic repercussions and a prolonged period of stringent lockdown measures, surpassing any other global city.

In addition to a relentless sequence of interest rate hikes, coupled with a slump in consumer confidence, it painted a bleak picture.

However, prevailing indications now suggest that the Melbourne property market is on the cusp of a prolonged growth cycle.

Read more:&nbsp;<a href="/news/vic/city-beat-may-2023-prolonged-growth-cycle-for-melbournes-off-the-plan-apartment-market">City Beat May 2023: Prolonged growth cycle for Melbourne's off the plan apartment market?</a>

Heath Thompson, director at Projects by Buxton, recently told Urban that the next project, and the next, and the next, all have to be more expensive for the buyer, because both land and build costs are more expensive which impacts the developer's bottom-line.

A surge in buyer demand has been ignited by the recent signal from the RBA, indicating that the official cash rate is nearing its peak, which has many believing&nbsp; that Melbourne's property sector is primed for an imminent boom.

And with that comes the need for new housing options across the state. We've wrapped up the best apartments and townhouses in Metro Melbourne completing in 2024.

<h2>Project: Martin Brighton</h2>

<h2>Address: 129-135 Martin Street, Brighton VIC 3186</h2>

<h2>Developer: EBG Developments</h2>

Due to wrap construction in early 2024, Martin Brighton will be home to just 11 apartments once completed, with a mix of two and three-bedroom floorplans.&nbsp;

Richmond-based multi-residential builders have been constructing the development for EBG, with only a limited number of the bayside apartments remaining.&nbsp;

[smartcode_project:default project_id=5495 project_image_fid=190763]

Sitting at 40 per cent sold, the remaining residences are priced from $1.395 million, with the generously proportioned homes spanning from 103.85 sqm through to 141 sqm.&nbsp;

Buchan Group Architects designed Martin Brighton, with the interiors crafted by the renowned&nbsp;Miriam Fanning's MIM Design.

With a defined aesthetic, yet open to the stylistic interpretation from every buyer, the interiors interplay with contemporary forms, with the seamless indoor and outdoor living spaces offering aspects out over verdant planted balconies to the city and water.&nbsp;

[smartcode_project:default project_id=5495 project_image_fid=207664]

As a further incentive to entice buyers to the development, EBG discounted the deposit to just five per cent (half of the standard 10 per cent deposit across other projects), which will sit in a high interest account and earn seven per cent per annum, until the project is completed.

Downsizers have shown the most interest in the development so far, with the lifestyle Martin's location offers a major drawcard. Located on it's namesake street, Martin delivers the idyllic Brighton lifestyle without the Brighton bustle, with the Martin Street Village one of the suburb's most intimate villages.&nbsp;It's lined with a number of fashion boutiques, cafes, and restaurants, while also only being just over one kilometre to the Bay Trail and Elwood Beach.

<h2>Project: Plenteous, Cheltenham</h2>

<h2>Address: 49 Jean Street, Cheltenham</h2>

<h2>Developer: Shenfield Property&nbsp;</h2>

Another on the list which is expected to complete in early 2024, Plenteous offers a boutique collection of residences, with a mix of two and three-bedroom apartments and townhouses currently being built.&nbsp;

All the two-bedroom apartments have already been sold, with only three-bed floorplans remaining, in addition to a limited number of two-bedroom townhouses.

[smartcode_project:default project_id=136588 project_image_fid=208416]&nbsp;

Situated in a quiet, leafy cul-de-sac, with a parkland frontage,&nbsp;the residences have been designed to provide low-maintenance living, privacy and comfort.&nbsp;

Boasting contemporary interiors by Aldona Padjak, the remaining apartment is priced from $950,000 and spans 129 sqm. There are two-bathrooms along with two car spaces, with each resident afforded secure basement parking and storage facilities.

[smartcode_project:default project_id=136588 project_image_fid=208418]

The townhomes are priced from $925,000 and have been designed over two or three levels, with&nbsp;each adjoining to its own landscaped outdoor space.

Each residence also incorporates energy-efficient features, including individual solar power and provisions for a car charging point in the basement.&nbsp;

<h2>Project: Early 3191</h2>

<h2>Address: 3-11 George Street, Sandringham</h2>

<h2>Developer: DM Property&nbsp;</h2>

Early 3191 is set to redefine Sandringham living.

Designed by architecture-powerhouses Rothelowman, Early will deliver 35 three and four-bedroom townhouses upon completion, with prices from $1.299 million.&nbsp;

[smartcode_project:default project_id=138081 project_image_fid=209564]

With an estimated completion date of late 2024, prospective buyers are still able to save significantly on stamp duty costs

The townhouses boast a timeless facade that offer striking contrast with textured materials, with materials and finishes selected to not only stand out amongst the crowd, but to also carry a sense of longevity and luxury.&nbsp;

[smartcode_project:default project_id=138081 project_image_fid=209566]

Award-winning designer, Adele Bates crafted the interiors of each townhouse, which boast a considered palette of warm timbers and textural natural stone, coupled with CDK marble benchtops, as well as SMEG and Fisher &amp; Paykel appliances.&nbsp;

The townhouses have been designed to make the most of natural light, with large windows and open living spaces that invite the outside in, with each home adjoining to spacious terraces which provide a seamless transition from indoor to outdoor living.&nbsp;

The three-bedroom townhouses feature two bathrooms and two car spaces, while the four-bedders include three bathrooms, along with two car spaces.&nbsp;

<h2>Project: Merchant Apartments</h2>

<h2>Address: Corner Ann Street and Waterline Place, Williamstown</h2>

<h2>Developer: AVJennings</h2>

As the final piece of the puzzle in AVJennings Williamstown development, Waterline Place, Merchant Apartments will deliver 125 apartments across two seven-storey buildings upon completion, which is slated for mid 2024.&nbsp;

Inspired by its coastal topography and local maritime history, the apartments are situated in the heart of the community, with Elenberg Fraser handling the designs.

[smartcode_project:default project_id=112774 project_image_fid=197064]

Floor to ceiling glazing maximises outlooks, bringing the outdoors in, while each adjoining balcony has been designed as an extension of the home, providing an addition living space in each apartment.

Not just apartments, Merchant will also deliver a vibrant ground floor retail offering and a uniquely designed communal rooftop space, with sweeping views to the city and Hobsons Bay.

[smartcode_project:default project_id=112774 project_image_fid=197060]

Pitched toward a wide range of buyers, there's a mix of one, two and three-bedroom apartments on offer, with prices for a one-bedder from&nbsp;$510,000, while the two-bedders begin from $710,000. A number of over-sized three-bedroom apartments are also on offer, with sprawling floorplans of up to 184 sqm.

The ASX-listed developers vision for Waterline Place is to create&nbsp;'a village within a village'.&nbsp;

It's a&nbsp;vision which is quickly coming to fruition with Waterline Place already home to&nbsp;a number of apartment buildings, including Gem, Rosny, and Empress.

A surge in buyer demand has been ignited by the recent signal from the RBA, indicating that the official cash rate is nearing its peak, which has many believing  that Melbourne's property sector is primed for an imminent boom

Metro Melbourne's best off the plan apartments and townhouses completing in 2024

Melbourne's vibrant Fitzroy and Collingwood neighbourhoods are set to welcome a new architectural gem that embodies a decade of creative development by developers Milieu.

Otter Place, the latest addition to the area, promises to be a tangible expression of Milieu's values and an impactful contribution to the local community.

"The design draws on our projects completed across the decade and gets to the heart of who we are, what we represent, and what we envision for urban development," Milieu say.

Collaborating with international design studio Hassell and local practice DesignOffice, Milieu has crafted a building that pays homage to its surroundings while leaving a mark on the streetscape.

"As our sixth project in partnership with DesignOffice, Otter Place is the result of a decade of experimentation and refinement."

[smartcode_project:default project_id=3477 project_image_fid=192694]

Situated just moments away from the bustling Smith Street, the cultural and culinary epicentre of Fitzroy and Collingwood, Otter Place finds itself at the heart of Melbourne's highly regarded dining precinct.

Otter Place will deliver 28 luxury residences that are representative of its location in the heart of Collingwood’s eclectic and progressive Smith Street precinct, with two-storey, walk-up, townhomes to penthouses with panoramic CBD views and podium apartments that open onto framed vignettes of iconic inner Melbourne architecture.

Nestled amidst Wellington, Victoria, Johnston, and Brunswick streets, the neighbourhood boasts an unrivalled selection of cafes, restaurants, bars, and cultural institutions. As long-time residents of Collingwood, Milieu understands and cherishes the distinct personality, diverse people, and inclusive community that make this area so beloved.

The architectural composition of Otter Place is a testament to Hassel's attention to detail. The building is divided into two distinct forms, each one reflecting and celebrating the local surroundings. The lower levels, constructed with brick, pay homage to the industrial masonry architecture prevalent in the area. Meanwhile, the upper levels feature an elegant glass design that captures, reflects, and amplifies the shape and detailing of the neighbouring buildings.

[smartcode_project:default project_id=3477 project_image_fid=192699]

"By studying the existing urban context and brick detailing we’ve created an authentic celebration of the area’s post-industrial masonry architecture while also charting an exciting future ahead. The building base rethinks the contextual material of bricks via a lower façade of shimmering white glazed brick punctuated with window openings of varying sizes that create a striking impact on the streetscape," Hassel said.&nbsp;

"The reflective glazing of the upper levels quite literally mirrors the city, and reads as one object, delicately floating above the solid brick podium."

Inside Otter Place, an elevated yet functional design ethos prevails. The interiors have been assembled using distinguished materials and boast flexible layouts tailored to modern living. Inspired by the simplicity and effectiveness of gallery spaces, the interiors also incorporate smart technology throughout.

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Lighting plays a crucial role in creating the desired ambiance, and Otter Place demonstrates a departure from conventional downlights. Instead, a curated suite of uplights, spotlights, and wall lights has been selected to enhance various moods and functions throughout the day.

The proportions and strategic window placement within the residences also allow for abundant natural light to flood the spaces throughout the day.

"At a time when our cities are in such significant change as a result of the COVID-19 pandemic, Otter Place by Milieu provides the reassurance of good old-fashioned quality using elements of traditional construction to provide a unique residential experience for its future residents. And it’s future-proofed for post-pandemic living, with each home offering plenty of flexibility, amenity and access to nature, light and fresh air."

With construction tracking well, the collaborative trio are expecting the first crop of residents to begin calling Otter Place home this year.&nbsp;

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Otter Place, the latest addition to the area, promises to be a tangible expression of Milieu's values and an impactful contribution to the local community.

A decade of design brings to life Collingwood's Otter Place by Milieu

The vibrant Brunswick neighbourhood is not just a place but a tapestry woven with the threads of its rich heritage and diverse community. At the heart of the evolving landscape lies Flux, a boutique apartment development comprising just 18 apartments.

Designed to be more than just a place to live, Flux encapsulates the essence of Brunswick and places residents at the heart of the best the suburb has to offer from its Union Street location.&nbsp;

Positioned strategically in the heritage locale, Flux benefits greatly from its connectivity to the community and the myriad opportunities it offers. From the moment you step out of Flux's doorstep, Brunswick's heritage unfolds like a moving feast, inviting anyone with a bike, an appetite, and the time to wander through its eclectic streets.

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The neighbourhood's unique blend of eateries, boutique shops, and cultural landmarks such as Sydney Road and Lygon Street are all within easy walking distance, as are Brunswick's pocket parks and sporting grounds, with Brunswick offering residents the ease of an active lifestyle while basking in award-winning contemporary landscape designs framed by centuries-old trees.

Connectivity is key in Brunswick, and Flux is ideally positioned to offer convenience and accessibility. Located just 50 metres away, Jewell Station provides easy access to public transportation, while the tram on Sydney Road is equally close. Within 20 minutes, residents can find themselves in the heart of the city, free from the hassle of parking. For those who prefer cycling, Flux offers dedicated bike storage and car parking facilities for longer trips.

But what really sets Brunswick apart is its sense of community. Flux embraces this spirit by providing residents with access to a plethora of cultural experiences throughout the year. Festivals, music events, art exhibitions, fashion showcases, and design exhibitions are a regular part of life in Brunswick, with these events all just a short walk or tram ride away from Flux.

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The Brunswick community thrives on everyday moments shared in shops, galleries, churches, schools, parks, and the local cafés and bars. Whether it's a leisurely stroll through Barkly Square or a visit to the bustling farmer's market on the Village Green, Brunswick offers a sense of familiarity and comfort as well.&nbsp;

For those seeking recreational activities, the iconic Brunswick Baths, which celebrated its centenary in 2014, offers state-of-the-art facilities including a gym, indoor and outdoor pools, and water play areas. The local football, soccer, cricket, and netball teams cater to participants of all ages, and for those who prefer cycling or walking, the bike paths leading to the city and along Merri Creek provide a serene commuting option.

Education is a cornerstone of Brunswick's identity, with a diverse range of schools catering to the learning needs of all children. From early learning to world-class tertiary education, Brunswick offers a hub of active thinking that seamlessly connects residents to a spectrum of educational opportunities.The area's historical connection to Melbourne's clothing manufacturing industry is also evident in the presence of textile and printing facilities at RMIT University.

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Designed to be more than just a place to live, Flux encapsulates the essence of Brunswick and places residents at the heart of the best the suburb has to offer from its Union Street location

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Heritage-led design anchors Far East Consortium’s 640 Bourke St, Melbourne

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