Repeat buyers are one of the strongest measures of confidence in any apartment development.

At <a href="https://www.apartments.com.au/new-apartments/era-newcastle-west-124-126-bull-street-newcastle-west-nsw-2302">ERA</a> in Newcastle West, some purchasers are returning to <a href="https://www.apartments.com.au/developers/gwh">GWH</a> after living at the developer's One Apartments. Their decision to purchase again was driven by the quality of life they found after moving into their first GWH home.

Keith Wilton had spent years living in a house in East Maitland before deciding it was time for a change. Apartment living had always been on his radar, but he was selective about what he wanted.

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"I had some boxes I wanted to tick," he says.

Keith points to the open-plan design, generous outdoor areas and considered inclusions as key reasons One Apartments worked for him.

“One of those things was a nice indoor open plan area, but also I wanted a nice outdoor open area that I could entertain on in summer or Christmases or birthdays,” he says.

He also found value in the smaller details, from integrated appliances to shared resident spaces including the pool, cinema and rooftop areas.

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After comparing several developments, he chose One Apartments because of GWH's longstanding local reputation and his own experience working with the developer on a commercial project more than a decade earlier.

"I knew that they were local, that the quality of the build was going to be up there. I'd looked at other apartment complexes around and close by, and I just knew that here was a better decision location wise."

Today, Keith says the move has completely changed how he experiences Newcastle.

"I enjoy living in this location because it's more of a lifestyle change. That Newcastle city living where you can walk to restaurants and bars and even beaches and parks and even shopping across the road."

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Beyond the location, he says it's the sense of community that has surprised him most.

"Everyone loves living here because they chose to live here, but everyone looks out for each other. It's a real great community feel here."

For Aimee and Lyle Goodman, the journey started almost by chance.

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The couple happened to be having coffee in Newcastle when they noticed the site where One Apartments was about to begin construction.

"We were aware GWH was planning a development," Aimee says. "We made one phone call and things moved pretty quickly after that."

As busy business owners, they initially thought apartment living would simply reduce the maintenance that came with larger homes. Instead, it fundamentally changed how they spent time together.

"We actually catch up more as a family now," Aimee says.

"We've had homes with big yards and lots of space, but everyone ended up in different rooms. Here we'll have dinner together, the kids can play, and we spend far more quality time together."

[smartcode_project:default project_id=135096 project_image_fid=356829]

Lyle says their confidence came from GWH's reputation within Newcastle's building industry.

"I know people who've worked across different apartment projects, and whenever GWH came up the feedback was always the same. They're rock solid. They're quality."

That confidence only grew throughout the buying process.

"One of the things that really impressed us with GWH was the whole process, was the communication," Lyle says. "It was consistent, it was regular, there was no problem if we had some weird questions, there was no problems in getting answers."

[smartcode_project:default project_id=135096 project_image_fid=351104]

Aimee says one moment stood out.

"The project actually finished on time. We realised we needed to hurry up and sell our house because everything was happening exactly when they said it would."

The positive experience at One Apartments ultimately gave all three buyers the confidence to purchase again with GWH, this time at ERA.

Their confidence reflects what many buyers are seeking in today's apartment market. Location remains important, but so too does certainty around delivery, quality and long-term liveability.

[smartcode_project:default project_id=135096 project_image_fid=356822]

ERA builds on those foundations with 280 one, two and three-bedroom apartments across two landmark towers in <a href="https://www.apartments.com.au/developments/newcastle-west-nsw-2302">Newcastle West</a>.&nbsp;

Designed by <a href="https://www.apartments.com.au/architects/fk-australia">Fender Katsalidis</a>, the project will include more than 2,000 square metres of resident amenities, including a resort-style pool, gym, sauna, private cinema and rooftop entertaining spaces overlooking the harbour and coastline.&nbsp;

The development is also within walking distance of the Newcastle Interchange, Honeysuckle, Darby Street, the harbour foreshore, restaurants, retail and the city’s beaches, continuing the walkable lifestyle that existing GWH buyers say has transformed how they live.

[smartcode_project:default project_id=135096 project_image_fid=356826]

For Keith, the appeal remains straightforward.

"You feel at home even before you've moved into your home."

For Aimee, the change is measured in time.

“I just felt like I had more time,” she says.

[smartcode_project:default project_id=135096 project_image_fid=351102]

Construction at ERA is now underway, with more than half of the residences already sold and limited two and three-bedroom apartments remaining in the East Tower release. Priced from $980,000 for two-bedroom residences and $1.46 million for three-bedroom residences, buyers can secure an apartment with a 10 per cent deposit, with premium homes offering ocean views from Level 8 and harbour views from Level 10.

ERA is also backed by Resilience Insurance's 10-year Latent Defects Insurance policy, providing protection against structural or waterproofing defects for 10 years after completion. The project is anticipated to be completed in early 2028.

[smartcode_project_cta:default project_id=135096]

Joel Robinson

From ONE to ERA: Why buyers are choosing GWH again in Newcastle West

Virgate Property Group is preparing to commence construction of Verdé, its new apartment development in Melbourne's Arts Precinct at Southbank, following a strong run of sales that has seen more than half of the project's 173 apartments secured.

Verdé has attracted a broad mix of first home buyers, owner-occupiers upgrading from nearby inner-city suburbs and investors, with younger owner-occupier couples aged between 28 and 45 accounting for the strongest enquiry. Many are already living in Southbank, South Melbourne, Albert Park, Port Melbourne, South Yarra and the CBD.

"Verdé is located in one of the most desirable pockets of southern Melbourne," Blair Property Group Director Darren Blair, who is managing sales at Verdé, said.

"It's within walking distance of the Arts Centre, Royal Botanic Gardens, Albert Park Lake, and Southbank's restaurants and retail. It's a great lifestyle location with strong amenity and liveability, which made it a very attractive choice for the project."

[smartcode_project:default project_id=4661 project_image_fid=372549]

Virgate was already familiar with the precinct, having previously delivered the successful Domain House development in neighbouring South Melbourne. That experience gave the developer confidence to acquire the Coventry Street site and continue expanding its presence in Melbourne's inner south.

"We had been keeping an eye on the site and the broader precinct for a few months before deciding to move forward with the acquisition," Virgate said.

The project was ultimately secured in 2020 following feasibility studies, planning assessments and due diligence, with the brief centred on delivering "a high-quality, considered design that feels both refined and fit for purpose."

[smartcode_project:default project_id=4661 project_image_fid=314259]

Designed by <a href="https://www.apartments.com.au/architects/bruce-henderson-architects">Bruce Henderson Architects</a>, Verdé comprises 173 one, two and three-bedroom apartments priced from $599,000. The architecture is distinguished by a faceted glass façade that responds to both the site's outlook and Melbourne's changing light conditions.

According to Bruce Henderson Architects, the coloured glazing gives the building a distinctive identity while also providing privacy and solar shading, with residences oriented to capture views across the bay, city skyline and surrounding parklands.

Inside, <a href="https://www.apartments.com.au/interior-designers/designoffice">DesignOffice</a> has created interiors focused on natural light, efficient planning and enduring materials. Apartments feature engineered oak flooring, natural stone benchtops, floor-to-ceiling glazing and SMEG appliances, while a restrained material palette aims to complement the expansive outlooks rather than compete with them.

[smartcode_project:default project_id=4661 project_image_fid=372550]

Resident amenity has also been designed around everyday functionality rather than occasional use. Facilities include a concierge-serviced lobby, residents' lounge with fireplace, library and co-working space, gym, terrace garden with barbecue facilities, ground-floor café, and package delivery management.

The project's location continues to be one of its strongest drawcards. Positioned on Coventry Street, Verdé sits within walking distance of the National Gallery of Victoria, Arts Centre Melbourne, Royal Botanic Gardens and Albert Park Lake, while Southbank's dining precinct, Sturt Street trams and the new ANZAC Station are all nearby. The surrounding education catchment also includes Melbourne Grammar, Melbourne Girls Grammar, Mac.Robertson Girls' High School and several major university campuses.

The sales team says buyers have responded particularly well to the combination of location, design quality and long-term liveability.

"They're responding really positively to the quality of the design, premium resident amenities and the uninterrupted views. Many also appreciate the location and how connected it is to everything they need."

The ability to secure stamp duty savings before completion has also been a key factor for purchasers, alongside the opportunity to personalise finishes ahead of settlement.

With construction set to commence soon and more than half the apartments already sold, Verdé enters its next phase as one of the Arts Precinct's more established apartment developments, offering remaining buyers an opportunity to secure a residence before construction advances further. Expected completion is scheduled for late 2027.

[smartcode_project_cta:default project_id=4661]

Virgate's Verdé Southbank moves toward construction as sales fly past halfway stage

Downsizer-focused apartment development Kooyongkoot in Hawthorn has been recognised at the 2026 Better Future Melbourne Design Awards, taking home Gold and Silver awards in two categories.

<a href="https://www.apartments.com.au/new-apartments/kooyongkoot-hawthorn-1-kooyongkoot-road-hawthorn-vic-3122">Kooyongkoot</a>, currently being delivered by developer PQD and designed by Cera Stribley, received Gold in the Interior Design – Proposed category and Silver in the Architecture – Proposed category.

The dual recognition reflects the design approach behind the boutique development on prestigious Kooyongkoot Road, where the focus has been on creating homes for downsizers seeking the space, quality and functionality of a detached house within a low-rise apartment building.

Rather than maximising apartment numbers, <a href="https://www.apartments.com.au/developers/pqd">PQD</a> and <a href="https://www.apartments.com.au/architects/cera-stribley-architects">Cera Stribley</a> limited the development to just 18 residences, allowing for larger floorplans, greater privacy, generous landscaping and expansive communal spaces.&nbsp;The majority of the apartments also benefit from corner aspects, allowing for dual sources of natural light.

Now around 70 per cent complete and on track for completion in November 2026, Kooyongkoot will comprise a mix of garden residences, ter​race apartments, sub-penthouses, and is crowned by two half-floor penthouses with direct lift access and private rooftop terraces.

[smartcode_project:default project_id=102717 project_image_fid=355297]

The Silver Award for Architecture recognised the way the building responds to its prominent corner position at the ent​rance to Hawthorn's Scotch Hill precinct, one of Melbourne's most established residential neighbourhoods.

Rather than competing with the grand homes that line Kooyongkoot Road, the architectural approach focused on restraint and longevity, using curved brickwork, generous landscaping and carefully considered proportions to integrate with the existing streetscape.

"The form feels fluid and timeless, as though shaped by the landscape itself – architecture that belongs, rather than competes," said Chris Stribley, Co-Founder and Managing Principal of Cera Stribley.

The judging submission also highlighted practical innovations throughout the building, including lift cores servicing only nine homes each, a central landscaped lightcourt designed to bring daylight and ventilation into the building, and fully enclosed private storage rooms with lighting, power and shelving to better accommodate residents transitioning from larger family homes.

[smartcode_project:default project_id=102717 project_image_fid=355293]

The Gold Award for Interior Design recognised the project's focus on long-term liveability rather than display-home aesthetics.

According to the awards submission, the interiors were designed from the inside out, prioritising how homes would function over decades of daily use through generous proportions, practical storage, durable natural materials and flexible layouts.

The specification includes natural stone throughout, upgraded acoustic glazing, V-ZUG appliances and fully enclosed storage rooms, alongside an amenity offering focused on wellness, entertainment and everyday convenience.&nbsp;

Residents will have access to a gym and yoga studio, a wellness centre featuring traditional and infrared saunas, a cold therapy shower and treatment room, as well as a residents' lounge and golf simulator/cinema room for entertainment.&nbsp;Kooyongkoot has also considered the everyday convenience of its residents by offering a private carwash and pet wash facilities on site as well as dedicated parcel lockers and oversized fully enclosed storage rooms.&nbsp;

[smartcode_project:default project_id=102717 project_image_fid=355303]

The project's attention to detail has already resonated with buyers. Earlier this year, Kooyongkoot recorded one of Boroondara's highest apartment sales when an $8 million penthouse was purchased by a Melbourne CEO downsizing from a nearby family home.

"Every detail feels deliberate, from the overall design down to the smallest touches," the purchaser said.

"The level of quality and refinement is exceptional, but what really sold it was how liveable it felt... It felt like a place where everything had been considered, not just a luxury building."

[smartcode_project:default project_id=102717 project_image_fid=355304]

Sustainability also formed a key part of both award submissions. Kooyongkoot is targeting a minimum 7.5-star NatHERS rating across all residences, supported by passive design principles, high-performance glazing, EV charging infrastructure, water reuse systems and a wellness model focused on lower-energy dry facilities rather than pools and large wet areas.

Located within walking distance of Scotch College, Methodist Ladies' College, Koo​yong Lawn Tennis Club, Aubur​n Village and Camberwell Junction, Kooyongkoot continues to target owner-occupiers looking to remain in Melbourne's inner east without compromising on space or quality. A limited selection of two, three and four-bedroom residences remains available, with prices starting from $1.9 million.

[smartcode_project_cta:default project_id=102717]

Kooyongkoot wins Gold and Silver at Better Future Melbourne Design Awards

New apartment supply has become increasingly constrained across <a href="https://www.apartments.com.au/developments/parramatta-nsw-2150">Parramatta</a> in recent years, with fewer projects progressing through to completion as development conditions have become more challenging.

It makes <a href="https://www.apartments.com.au/developers/novm">NOVM</a>'s 2021-completed <a href="https://www.apartments.com.au/buildings/the-lennox-parramatta-12-phillip-street-parramatta-nsw-2150">The Lennox</a> one of the most recently completed residential towers on the Parramatta River, and among the newest apartment developments in Sydney's second CBD.

With the project largely completed before the sharp escalation in construction costs and inflation following the pandemic, The Lennox is now offering pricing that would be difficult to replicate in a comparable new development in Parramatta today, or across much of Western Sydney.

The majority of the 413 apartments at The Lennox sold before and shortly after completion. A limited release of the remaining apartments has recently been brought to market by capital partner <a href="https://www.apartments.com.au/project-marketer/equitifund-group">Equitifund</a>, with entry-level pricing from $700,000 and two-bedroom apartments available from under $1 million.

Rising above the Parramatta River at 12 Phillip Street, The Lennox comprises one, two, three and four-bedroom apartments, appealing to first home buyers, young professionals, families, downsizers and interstate investors seeking a completed apartment in one of Australia's fastest-growing economic centres.

[smartcode_project:default project_id=5743 project_image_fid=372394]

Rather than positioning Parramatta as an alternative to Sydney's CBD, Equitifund believes the city has reached a point where it stands on its own merits.

"Parramatta is no longer simply an alternative to Sydney CBD, it's becoming a destination in its own right," Equitifund Executive Chairman Greg Huxley said.

"The Lennox captures that evolution with a level of quality and amenity that's difficult to match at its price point."

[smartcode_project:default project_id=5743 project_image_fid=953]

Designed by <a href="https://www.apartments.com.au/architects/marchese-partners">Marchese Partners</a>, the tower responds directly to its riverfront setting through expansive glazing and open-plan layouts that maximise views across the Parramatta River and city skyline. Interiors feature engineered timber flooring, stone benchtops, stainless steel appliances and floor-to-ceiling glazing, while generous balconies extend the living spaces outdoors.

Marchese Partners says the project was conceived to balance high-quality apartment living with practical, long-term functionality, pairing larger, efficient floorplans with amenities more commonly associated with five-star hotels.

That emphasis continues through the resident facilities, which include a 20-metre rooftop swimming pool, fully equipped gym and wellness spaces, full-time concierge, a residents' lounge, function room, private lifts, secure basement parking and rooftop communal areas overlooking the Parramatta River. Ground-floor boardwalk retail and dining further activate the riverfront and integrate the building into the surrounding public realm.

[smartcode_project:default project_id=5743 project_image_fid=925]

Australian housing and finance group Equitifund has secured the remaining apartments, believing there are few completed apartment opportunities in Parramatta that offer the same combination of location, amenity and pricing.

Equitifund National Sales Director Ben Hamblett says buyers are increasingly recognising that premium apartment living no longer needs to come with Sydney CBD pricing.

"The Lennox is where aspirational living becomes attainable," Hamblett said.

"Wake to river and mountain views, step into Sydney's Second CBD, and arrive home to resort-calibre amenities, all without the harbour price tag."

Hamblett says owner-occupiers are also attracted by the convenience of having Westfield Parramatta, Church Street's dining precinct, Parramatta Park, Riverside Theatres, Western Sydney University and major transport connections all within walking distance.

"At The Lennox, lifestyle is not an afterthought, it is the foundation."

[smartcode_project:default project_id=5743 project_image_fid=5374]

The Lennox places residents within walking distance of Parramatta Square, Westfield Parramatta, Church Street Eat Street, Parramatta Station, the ferry wharf, Light Rail, the future Sydney Metro West, Parramatta Park and CommBank Stadium, reinforcing Parramatta's position as one of Australia's most connected metropolitan centres outside Sydney's CBD.

Equitifund says buyers visiting the display suite consistently comment on the quality of the finishes, generous floorplans, river and skyline views, and the walkability of the location. The project has attracted a broad mix of local professionals, upsizers, downsizers, buyers relocating from Sydney's inner suburbs and interstate investors seeking long-term growth opportunities.

That demand aligns with Parramatta's continued evolution as an economic powerhouse. Equitifund Research and Market Insights specialist John Bekiaris says sustained population growth, infrastructure investment and expanding employment opportunities continue to support long-term housing demand across the city.

"Parramatta has evolved from a satellite city into one of Australia's most important economic centres. Population growth, infrastructure investment and employment are all supporting sustained long-term housing demand."

[smartcode_project_cta:default project_id=5743]

The apartment price gap drawing Sydney buyers west

A luxury beachfront apartment at Rainbow Bay has more than doubled in value since it sold off the plan six years ago, setting a new local apartment record in the process.

The three-bedroom apartment in the Flow development on Petrie Street, the first of four new projects locally by Paul Gedoun's S&amp;S Projects, has sold for $7.4 million, after originally selling for $3.27 million when the project launched in 2020.

The seventh-floor apartment, comprising 187 sqm of internal living space and a 54 sqm balcony overlooking Froggies Beach and Snapper Rocks, was purchased by a local family.

The transaction was negotiated by Pezet Matheson director Kerry Pezet and equates to more than $30,000 per sqm.

Pezet said the sale reflected the limited opportunities to buy into the boutique beachfront development.

"The sale highlights the rarity of opportunities within the boutique beachfront development, where residences seldom become available," Pezet said.

"Flow is one of the Gold Coast's most tightly held buildings. Buyers from our database move quickly when residences become available, and achieving an off-market sale at $7.4 million demonstrates the depth of demand for property of this calibre."

<img alt="Flow" data-entity-type="file" data-entity-uuid="c585b206-2130-4eee-a50c-3f27c51a7c70" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-06%20at%208.33.25%E2%80%AFPM.png?VersionId=m3pHRDV62Y3fvN.XQuQHq.52ilTWpRLf" />

Flow was the first of four luxury apartment developments delivered by Paul Gedoun's S&amp;S Projects at Rainbow Bay and was completed in 2023.

Positioned on the beachfront overlooking Snapper Rocks, the residence includes three bedrooms, three bathrooms, a powder room and views stretching north along the coastline towards Surfers Paradise.

Pezet Matheson Residential principal Mitchell Lambert said buyers continued to prioritise quality beachfront apartments in tightly held locations.

"Flow Residences offers a rare combination of elevated beachfront positioning, architectural excellence, comprehensive resident amenity and premium finishes, which is exactly what discerning purchasers are seeking," Lambert said.

"The transaction further reinforces Rainbow Bay's reputation as one of Australia's premier coastal lifestyle destinations, where limited supply and growing demand continue to support strong market performance."

Pezet Matheson originally marketed and sold out Flow off the plan, making the latest transaction a return to one of the project's original buyers.

Paul Gedoun is selling his third project, <a href="https://www.apartments.com.au/new-apartments/radia-rainbow-bay-271-boundary-street-coolangatta-qld-4225">Radia Rainbow Bay</a>, after recently completing, and selling out, <a href="https://www.apartments.com.au/buildings/esprit-217-227-boundary-street-coolangatta-qld-4225">Esprit</a>. He has plans for a <a href="https://www.apartments.com.au/news/qld/first-look-s-s-projects-proposes-88-apartment-wellness-tower-at-coolangattas-boundary-street">fourth building</a>, 88 apartments on <a href="https://www.apartments.com.au/new-apartments/209-213-boundary-street-coolangatta-qld-4225">Boundary Street</a>.

Rainbow Bay apartment doubles in price since off the plan sale during pandemic

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?

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.

[smartcode_project:default project_id=3477 project_image_fid=192698]

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;

[smartcode_project_cta:default project_id=3477]

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.

[smartcode_project:default project_id=21840 project_image_fid=159147]

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.

[smartcode_project:default project_id=21840 project_image_fid=159142]

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.

[smartcode_project_cta:default project_id=21840]

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

How Flux takes advantage of it's Brunswick locale

North Melbourne welcomes a new addition to its open and welcoming character with the arrival of Academy, a thoughtfully designed residential development that seamlessly combines townhouses, apartments, and shared green spaces.

Born out of the collaboration between MAB Corporation and MCR, Academy aims to create a diverse and welcoming community that caters to the needs of its residents.

Comprising four small, sustainable buildings designed in a two-pair composition, Academy takes inspiration from the celebrated low-rise neighbourhoods of Paris and Copenhagen.

Each building benefits from a secure central courtyard at the ground level, while the open-air corridors encourage cross ventilation and promote the use of stairs within the buildings.

The central courtyards, adorned with lush landscaping, also offer views of the sky from every vantage point and are designed to evolve over time, blending harmoniously with the surrounding environment.

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The heart of Academy lies in the central Wood Street Garden and community piazza, connecting the buildings and enhancing the sense of community. Adding to the lively atmosphere, a new alfresco café at street level will grace the piazza, complementing the adjacent retail strip, contemporary primary school, and kindergarten.

Each building also boasts its own rooftop garden, designed by award-winning landscape architects, TCL, who&nbsp;took inspiration from the local trees, plants, and materials of North Melbourne.

The rooftops feature open lawns, established trees, bushes, and planted gardens that serve as natural dividers between different areas, allowing residents to occupy various zones within the serene surroundings. Pergolas provide shade for the barbecue, dining, and lounge areas, while carefully selected trees and plants, resilient to changing seasons, mirror and complement the gardens of the surrounding area.

Academy offers a wide range of living options to cater to diverse needs and preferences. Prospective residents can choose from one, two, and three-bedroom apartments, split-level homes with expansive ground floor or rooftop terraces, or flexible home office (SOHO) apartments.&nbsp;

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Comprising four small, sustainable buildings designed in a two-pair composition, Academy takes inspiration from the celebrated low-rise neighbourhoods of Paris and Copenhagen

Inspired by low-rise European neighbourhoods: The design behind Academy North Melbourne apartments

Established by Nick McKimm in 1991, holistic architecture, construction and property developers mckimm, have been a stalwart in Melbourne's bayside area for over three decades.

Having completed a number of projects in the sought after suburb of Brighton, including Luce, Casa, Otto, last year they finished Nero.

Located at 27 Black Street, the project of just eight house-sized apartments has just one unit remaining, priced at $3 million.

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The remaining completed residence sits alongside a small collection of apartments and penthouses, which range in size from 221 sqm through to 285 sqm, boasting spacious bedrooms and living spaces, with a refinement and practicality at the core of the design.&nbsp;&nbsp;

The interiors of Nero seamlessly blend design with the surrounding landscape, with natural materials adorning the spaces. From luxury appliances to custom finishes exclusive to Nero, every detail has been carefully curated to reflect the essence of the Brighton locale.

Situated just moments away from the vibrant Church Street in Brighton, Nero is positioned near Melbourne's finest cafes, restaurants, and amenities.

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With Middle Brighton Station a mere 100 meters from the development, commuting to the CBD, located 11 kilometres away, is effortless.

Residents can also enjoy the proximity to iconic landmarks such as Brighton's renowned beach bathing boxes, Dendy Park, and the prestigious Royal Melbourne Golf Course.

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Located at 27 Black Street, the project of just eight house-sized apartments has just one unit remaining, priced at $3 million

One apartment remains at Nero, Brighton apartment development

Trackside House at Moonee Valley Park, the first track-fronting residential offering at the $2 billion redevelopment of Moonee Valley Racecourse, has generated around $100 million worth of sales within 11 weeks of its launch.

Developer Hamton, who is developing&nbsp;Moonee Valley Park in a joint venture along with superannuation fund Hostplus and in partnership with Moonee Valley Racing Club (MVRC), had a VIP waitlist of buyers who received early access to Trackside House in October last year.

The early success of Trackside House follows its neighbour and previous stage, Stonepine House, which is now over&nbsp;80 percent sold.

The two buildings, which share the same basement, have a combined end value of around $320 million and will be built together as part of a single contract. Icon has been appointed as builder, and construction will commence in May.

Trackside House was designed by architect Rothelowman and interior design studio Carr and continues with the biophilic theme of Moonee Valley Park.

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The project is designed to be a neighbourhood within a park, with around half of the masterplan dedicated to botanical green parklands and open space, that prioritises the lifestyle benefits of living amongst nature.

Residents will also have access to rooftop amenity featuring infinity pool, residents’ lounge, private dining, business lounge and a state-of-the-art wellness sanctuary – equipped with glass-walled yoga room, therapy room, sauna and fully equipped gym.

The development team attributes the strong results to Trackside House’s biggest point of difference – its dedicated track-fronting views of Moonee Valley Racecourse and to the CBD, offering an unparalleled vantage point down what will be the new finishing straight for each race meet each year, including the iconic Cox Plate.

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Hamton Property Group Executive Chairman Paul Hameister said the overwhelming sales demand has primarily been from downsizing locals.

“Melbournians are very loyal to the areas and communities in which they have grown up and raised families," Hameister said.

"There are very few premium offerings for downsizers in Melbourne’s inner north-west and we have sought to address that with Moonee Valley Park."

Hameister says the typical buyer in Trackside House has been an affluent local rightsizer.

"They are unaffected by the prospect of higher interest rates as they are cash buyers, selling a large home with little or no mortgage and after purchasing one of our homes, they have cash set aside to invest for retirement.

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“All of our buyers at Moonee Valley Park have been drawn by the appeal of living within an extensive new parkland, just 6km from the CBD.

“Many of those buyers in Trackside House also have a connection to Moonee Valley Racing Club, which has been such an integral part of this local community for 140 years."

“The runaway success of Trackside House reiterates the importance of a unique point-of-difference that sets a project apart from commodity-style apartment projects, particularly in this current stage of the market cycle."

Some investors are coming back into the market,&nbsp;Hameister added, although noted that they are looking at the market differently, suggesting they are&nbsp;wanting to buy homes where there is a strong exit strategy to owner-occupiers

Moonee Valley Park launched to the market in August 2019, and has since delivered two completed residential stages as well as amenities including Tote Park and TOTE Bar &amp; Dining – with the first residents moving into their new homes in 2022.

A further stage will complete construction later this year.

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The early success of Trackside House follows its neighbour and previous stage, Stonepine House, which is now over 80 percent sold

Buyers gallop to Moonee Valley Park's Trackside House apartments

Melbourne, renowned for its vibrant lifestyle and cultural offerings, boasts an array of suburbs that capture the essence of the city's appeal.

Among these, South Yarra tops the list for most as one of the city's most desirable and liveable locales. Its seamless blend of lifestyle, amenities, and a long-standing reputation for sophistication has made it a sought-after destination for those seeking a truly elevated living experience.

Nestled within this prestigious neighbourhood is Cbus Property and Sterling Global's Como Terraces, which presents a rare opportunity to embrace the myriad delights of riverside living.

The single-level residences bring a mix of two and three-bedroom floorplans to the development, where there are only two residences per level, set across three low-rise buildings designed by Carr.&nbsp;

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One of the standout advantages of living in South Yarra is the proximity to lush green spaces and historical landmarks.

Residents of Como Terraces can relish in the tranquility of the city's iconic gardens, with Como House, the Royal Botanic Gardens, and Fawkner Park just moments away. These sprawling green havens offer an escape from the bustling city life, providing serene environments for leisurely strolls, picnics, or simply unwinding amidst nature.

South Yarra's cosmopolitan character is evident in its diverse culinary scene, and the Alexandra Collection places residents at the heart of this gastronomic wonderland. With a multitude of restaurants, bars, and cafes at their doorstep, residents have a seemingly endless array of dining options to satisfy every palate.

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From trendy brunch spots to elegant fine dining establishments, South Yarra has it all, with a diverse range of cafes and restaurants within proximity to Como Terraces.

For those with a penchant for fashion, beauty, and retail therapy, South Yarra delivers in spades. The neighbourhood boasts a wealth of notable fashion boutiques, beauty salons, and retail establishments, ensuring that residents of Como Terraces have easy access to the latest trends and timeless classics, with the nearby shopping experience catering to every taste and style.

Leisure options abound in South Yarra, providing a vibrant and active lifestyle for residents. With riverside walking and cycling trails mere steps away from Como Terraces, fitness enthusiasts and nature lovers alike can revel in the beauty of the Yarra River while staying active.

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The Royal South Yarra Lawn Tennis Club, a mere two-minute walk from the collection, offers a haven for tennis enthusiasts, providing world-class facilities for both social and competitive play. Nearby Como Park further enhances the leisure options, providing a serene environment for picnics, leisurely walks, or even a spot of yoga under the shade of ancient trees.

South Yarra is also exceptionally connected. Como Terraces at 139 Alexandra Avenue places residents just a 30-second walk from the Yarra River and Capital Trail, providing an idyllic pathway for walks or jogs along the river's edge. The bustling shopping meccas of Chapel Street and Toorak Road are a mere four-minute stroll away, offering a wealth of retail therapy options, trendy cafes, and vibrant nightlife.

For those commuting to the CBD, a 10-minute drive or an 8-minute train ride will transport residents directly to the heart of Melbourne's bustling centre, ensuring convenience without compromising on the tranquility of South Yarra living.

[smartcode_project_cta:default project_id=112238]

South Yarra's blend of lifestyle, amenities, and a long-standing reputation for sophistication, has made it a sought-after destination for those seeking a truly elevated living experience

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