<a href="https://www.apartments.com.au/developers/s-p-setia">SP Setia</a> has lodged plans for a $750 million, three-tower mixed-use precinct that would complete the long-running redevelopment of Carlton's former Carlton United Breweries site.

The proposal at <a href="https://www.apartments.com.au/new-apartments/185-195-queensberry-street-carlton-vic-3053">46-78 Bouverie Street and 185-195 Queensberry Street</a> spans a 6,468 sqm site, the last remaining undeveloped parcels within the former brewery's 2007 masterplan.

Designed by <a href="https://www.apartments.com.au/architects/cox-architecture">COX Architecture</a>, the development will comprise two purpose-built student accommodation towers and a third build-to-sell apartment tower above a shared commercial podium and basement.

Across the three towers, SP Setia is proposing 606 build-to-sell apartments and 1,499 student accommodation units containing 2,009 beds.

The apartments will sit in the tallest tower, which will rise nearly 200m and 55 storeys. It will become&nbsp;one of the more substantial new build-to-sell apartment projects at the northern edge of Melbourne's CBD.

The apartment mix is weighted toward smaller inner-city product, with 188 studios, 206 one-bedroom apartments, 192 two-bedroom apartments and 20 three-bedroom apartments

<img alt="First look: SP Setia plans three-tower finale for Carlton’s former CUB precinct" data-entity-type="file" data-entity-uuid="8271bc87-1b0a-41b7-ac73-a425ee375261" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/3_2.png?VersionId=G4lw23o90B1boX4k4dj7rdz2ZEajS9wy" />

Part of the precinct will be a large-scale&nbsp;3,684 sqm supermarket and a further 2,198 sqm of speciality retail, creating close to 5,900 sqm of new commercial space within the precinct.

But one of the biggest components of the proposal is what sits between the buildings.

Around 4,650 sqm, or roughly 72 per cent of the site, will be publicly accessible open space, incorporating plazas, pedestrian connections, landscaped laneways and retail spill-out areas.

The ground plane is intended to finally complete pedestrian connections envisaged when the CUB masterplan was first approved nearly two decades ago, stitching together Victoria Street, Queensberry Street, Bouverie Street and Swanston Street through the former brewery precinct.

Urbis said the development would "complete the CUB precinct", with the public realm providing important north-south and east-west connections through what is currently the final undeveloped portion of the masterplanned site.

SP Setia is also exploring a new linear park within the Bouverie Street road reserve, with the concept to be developed further with the City of Melbourne through the planning process.

The proposal is being pursued through the Victorian Government's Development Facilitation Program under Clause 53.23 for significant residential development with affordable housing.

The planning report acknowledges the proposed heights exceed those contemplated under the original Comprehensive Development Plan and masterplan, but argues the built-form context has changed considerably over the past two decades.

Urbis said the three towers would instead create a stepped transition between Carlton and the Hoddle Grid, rising progressively from the 94.1-metre Tower One along the Queensberry Street edge to the 199.44-metre Tower Three closer to the established CBD-scale buildings to the south.

<img alt="SP Setia" data-entity-type="file" data-entity-uuid="e885a07a-592c-40fc-bf82-e6dbaf32da54" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-21%20at%208.52.24%E2%80%AFAM.png?VersionId=7s_ErUkSKAdY1mAWp3GRZgMNCGtwhk5m" />

SP Setia plans to deliver the development across three stages.

Stage One would deliver the basement, podium and retail areas for the entire precinct alongside the first student tower. Tower Two would follow in Stage Two, before the 606-apartment Tower Three is delivered as the final stage.

If approved and delivered, the project would close out a redevelopment process that has been underway since the former brewery masterplan was approved in 2007, adding more than 2,600 student beds and apartments to a precinct already home to Swanston Central, the Barak Building, RMIT Design Hub and several large student accommodation developments.

&nbsp;

&nbsp;

Joel Robinson

SP Setia plans three-tower finale for Carlton’s former CUB precinct

Melbourne developer Lowe Living is seeking to add to its growing bayside apartment pipeline, filing plans for a boutique eight-residence development in tightly held Middle Park.

Lowe Living, which has built much of its development portfolio across Melbourne's affluent bayside and south-east suburbs, is behind the plans for the 730 sqm site at <a href="https://www.apartments.com.au/new-apartments/123-125-erskine-street-middle-park-vic-3206">123-125 Erskine Street</a>, just off Armstrong Street and within the Armstrong Street Neighbourhood Activity Centre.

The developer is seeking approval for a five-storey residential building above two basement levels, with just eight large-format apartments and 18 car spaces.

“This is a deliberately very different proposition for us,"&nbsp;Tim Lowe, Co-Founder of Lowe Living, said.

"Eight residences is exceptionally boutique, but that's precisely what this site calls for.

“There is a strong community in Middle Park and the surrounding suburbs who have spent decades building a life here. They no longer want the maintenance of a large period home, but they aren't prepared to compromise on space, quality or location. We think there is a real opportunity to capture that hyper local market. A site like this rarely comes to market.”

<img alt="Lowe " data-entity-type="file" data-entity-uuid="875fe572-0f14-4d90-9e11-55b28dd07731" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-21%20at%208.42.49%E2%80%AFAM.png?VersionId=GDNQRv9BfpR9r1zkZ5UDyUM4ZvpIksut" />

The low-density proposal has been designed by Cera Stribley and is being progressed through the Victorian Government's Great Design Fast Track pathway, having already secured eligibility from the Minister for Planning.

The Office of the Victorian Government Architect supported its eligibility after finding the proposal demonstrated consistency with the program's seven design principles, while the project's financial feasibility has also been independently confirmed by Invest Victoria.

The project is targeting the downsizer market, with the planning documents describing the homes as larger-format residences and noting the two penthouses could otherwise have been configured as four separate apartments.

<img alt="Lowe 2" data-entity-type="file" data-entity-uuid="60ab0987-2da6-4175-adac-315dcf6053c6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-21%20at%208.43.15%E2%80%AFAM.png?VersionId=bOCPH0B2MFwlmaRW.TTCF9TzyifgVoQI" />

The site has dual frontage to Erskine Street and Canterbury Place and currently comprises a collection of commercial buildings used as offices, including a former heritage bakehouse, a former stable, a later gabled addition and a central courtyard.

It sits within the Commercial 1 Zone and the Armstrong Street Commercial Precinct heritage overlay, with the existing property classified as a contributory heritage place.

Heritage has subsequently played a significant role in Cera Stribley's design.

The front section of the former bakehouse facing Erskine Street will be retained, including its return walls, street-facing hipped roof and chimneys, while the Erskine Street façade and part of the western return wall of the former stable will also be incorporated into the new development.

Levels four and five will be set back five metres from the retained stable façade, while bricks removed through demolition are proposed to be salvaged and reused within the new building where possible.

<img alt="Lowe 3" data-entity-type="file" data-entity-uuid="e97927a9-a2de-4a0f-83b6-65451238abfa" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-21%20at%208.43.06%E2%80%AFAM.png?VersionId=VR44AChLrX9q1XPB9GvVQV.ALXXbe4gC" />

Rather than presenting as a single five-storey building to Erskine Street, Cera Stribley has broken the development into a series of distinct forms.

A three-storey infill element will sit between the retained bakehouse and stable façades, with the upper levels recessed behind the heritage fabric. Canterbury Place will similarly feature two three-storey podium forms, separated by a central pedestrian accessway, before the upper two levels step back from the street.

A pedestrian through-link will run through the centre of the project between Erskine Street and Canterbury Place, creating entrances from both sides of the site and introducing landscaping and communal areas through the ground plane.

Landscape architect Acre has designed planting across the ground level, private terraces and upper levels, including a feature canopy tree at level three and integrated planting and arbours across the level four terraces. Five existing Erskine Street trees are proposed to be retained.

Sustainability is also a significant component of the Great Design Fast Track application. The apartments are targeting an average eight-star NatHERS rating, with no residence below 6.5 stars, while the project has achieved a 75 per cent BESS score. Seven of the eight apartments are designed for cross-ventilation, with the remaining residence using mechanically assisted natural ventilation.

The plans also incorporate an 8kWp rooftop solar system, a 5,000-litre rainwater tank and infrastructure allowing future electric vehicle charging for every residence.

Lowe has a strong portfolio across Melbourne's blue-chip suburbs. They recently launched <a href="https://www.apartments.com.au/new-apartments/jardin-house-by-lowe-living-camberwell-335-camberwell-road-camberwell-vic-3124">Jardin House by Lowe Living</a> in Camberwell, their first development in the Stonnington LGA.

Lowe Living unveils Middle Park apartment development

Article summary

<ul data-end="888" data-start="289">
	<li data-end="442" data-section-id="8tsh6o" data-start="289">DVB Projects is preparing to launch its second Gold Coast apartment development, with demolition now underway at 137 Old Burleigh Road, Broadbeach.</li>
	<li data-end="573" data-section-id="1nyxl3e" data-start="443">The 34-level tower will comprise just 49 ultra-luxury residences, including half-floor, full-floor and penthouse apartments.</li>
	<li data-end="717" data-section-id="oiyimj" data-start="574">The launch follows strong demand at DVB's nearby Sea Glass project, which is more than 50 per cent sold and currently under construction.</li>
	<li data-end="888" data-section-id="epk9o9" data-start="718">The development adds to the transformation of Old Burleigh Road, with premium beachfront apartment projects continuing to reshape the tightly held Broadbeach strip.</li>
</ul>

<a href="https://www.apartments.com.au/developers/dvb-projects">DVB Projects</a> is preparing to launch its second Gold Coast apartment development, with demolition now underway on the Broadbeach site as the Sydney developer moves closer to bringing the ultra-luxury project to market.

The 34-level tower at <a href="https://www.apartments.com.au/new-apartments/137-old-burleigh-road-broadbeach-qld-4218">137 Old Burleigh Road</a> will comprise just 49 residences, ranging from half-floor apartments through to full-floor homes and a penthouse. The launch follows the strong sales performance of DVB's nearby Sea Glass development. More than half of the apartments at Sea Glass, on the other side of Broadbeach, have been snapped up, well ahead of its late 2027 completion

<img alt="DVB Projects to commence demolition on $320m Broadbeach luxury tower" data-entity-type="file" data-entity-uuid="2944b4be-c84e-4b54-8dc1-c712e76704c0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/E02_Exterior_Street%20Level%20Entrance.jpg?VersionId=YoNig7pRdrE3HCue7sUj78LzJteeQf3H" />

The start of demolition at 137 Old Burleigh Road signals DVB Projects’ underlying confidence in the Gold Coast’s luxury beachside apartment sector.

“We see the Gold Coast as one of the most compelling lifestyle markets in Australia, particularly at the premium end where demand continues to deepen,” said Dean Brown, Managing Director of DVB.&nbsp;

“This project has been carefully designed to respond to that demand - delivering large-format residences with a level of quality, privacy and amenity that is still relatively rare in the apartment market on the beachside."

Brown says the site itself is "exceptional."

"Old Burleigh Road is one of the most tightly held beachfront strips, and opportunities to deliver a project of this scale and calibre in this location are extremely limited.”

<img alt="DVB Projects to commence demolition on $320m Broadbeach luxury tower" data-entity-type="file" data-entity-uuid="398f377a-c037-455e-9250-0c5e0d84c35b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/I12_FF%20Balcony.jpg?VersionId=NwOiRWGMubR1c8wthuEfggklcja7al9." />

The project will comprise 40 half-floor residences of approximately 260 sqm, alongside eight full-floor residences spanning around 524 sqm.

A single penthouse will crown the building, featuring a private pool, barbecue area, indoor gym and dedicated entertaining spaces.

Residents will have access to a resort-style suite of amenities, including a 20-metre pool with daybeds, a gymnasium, hot and cold plunge pools, a sauna, and private residents’ lounge and dining facilities.

<img alt="DVB Projects to commence demolition on $320m Broadbeach luxury tower" data-entity-type="file" data-entity-uuid="d1642bb0-9a66-4427-a022-dfc0988c6287" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/A02_Pool%20to%20View.jpg?VersionId=c0IXPyn_Gp_Kn3XCwzMrqIVkAdCEwVXP" />

Sales agent Todd Matheson, of <a href="https://www.apartments.com.au/project-marketer/pezet-matheson">Pezet Matheson</a>, which is marketing both 137 Old Burleigh Road and Sea Glass, said 137 Old Burleigh Road would address a clear gap in the market for genuine luxury products.

“There are very few opportunities on the Gold Coast where buyers can secure a residence of this size and quality in a new building,” Matheson said.

“What we’re seeing is a growing cohort of downsizers and interstate buyers who still want space - they’re not willing to compromise on living area, entertaining or finishes.

“This project has been designed with that buyer in mind. It offers the scale of a home, combined with the convenience and security of apartment living, in one of the coast’s most desirable positions.”

<img alt="DVB Projects to commence demolition on $320m Broadbeach luxury tower" data-entity-type="file" data-entity-uuid="59aae0ca-5639-4320-8aca-d0bf60f48e43" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/E01_Exterior%20Hero.jpg?VersionId=DS8Zfy2WtgUEtdfe0TEUuf1W1GfcZq8S" />

Located on a 1,156 sqm site one block from the beachfront, the development will replace an ageing walk-up building and is expected to contribute to the ongoing transformation of the Old Burleigh Road strip into one of the Gold Coast’s most prestigious residential corridors.

With the development moving into the delivery phase, 137 Old Burleigh Road is slated to hit the market later this year.

[smartcode_project_cta:default project_id=145141]

DVB Projects to launch second Broadbeach apartment tower as demolition commences

<a data-end="327" data-is-only-node="" data-start="250" href="https://www.apartments.com.au/developers/norus-projects" rel="noopener" target="_new">Norus Developments</a> has lodged plans for a new apartment development in Clayton that would add further momentum to the suburb's emerging Green Street corridor.

Plans have been lodged for the consolidated site at <a href="https://www.apartments.com.au/new-apartments/1359-1365-centre-road-clayton-vic-3168">1359-1365 Centre Road</a>, where Norus is seeking approval for 218 apartments across a 12-storey apartment building designed by <a href="https://www.apartments.com.au/architects/life-architecture-and-urban-design">Life Architecture</a>.

The proposal sits within the Clayton Major Activity Centre at the threshold of the planned Green Street corridor, a landscaped pedestrian connection intended to improve links through the precinct towards Clayton Railway Station.

The development would replace the site's existing collection of low-scale residential and commercial buildings with a single consolidated building, introducing significantly greater housing density to this part of Centre Road.

A retail tenancy is proposed at ground level to activate the Centre Road frontage, accompanied by transparent street interfaces and landscaping intended to create a more pedestrian-focused edge to the development.

<img alt="First look: Norus Developments plans landscape-led apartment project for Clayton’s emerging Green Street" data-entity-type="file" data-entity-uuid="0a5a763a-d9e9-4253-af2f-88008de27ebf" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Clayton%20a.png?VersionId=S2WJJbat1XVkZwB9SnYtygirXgWHiklX" />

The building has been designed with stepped massing and upper-level setbacks to manage its transition towards surrounding residential properties. The planning report describes the approach as one that integrates the building into the landscape rather than treating landscaping as a secondary element.

"A strong landscape and public realm strategy underpins the proposal," Urbis states in the planning report.

"Public benefits include an affordable housing contribution, a new pocket park, generous landscaped setbacks, deep soil planting and integrated Water Sensitive Urban Design."

The report adds that these elements are intended to create "a permeable, pedestrian-focused ground plane that enhances walkability, supports urban cooling and reinforces the emerging Green Street character."

Biophilic and passive design principles extend through the residential levels, with planting, daylight, natural ventilation and views towards landscaped areas forming part of the amenity strategy.

Parking would be concentrated away from the public realm, with 145 car spaces proposed from the rear laneway rather than dominating the Centre Road frontage.

The proposal follows an extensive pre-application process with the City of Monash. Three formal meetings were held between the project team and Council from December 2025 to March 2026, with the scheme evolving through several concept iterations before the current design was lodged.

The project arrives as Clayton prepares for substantial change around its established activity centre and the wider Suburban Rail Loop precinct. Its position on Centre Road places the development within an existing concentration of shops, services and public transport, while the Green Street connection is intended to strengthen pedestrian access towards Clayton Railway Station.

First look: Norus plans landscape-led apartment project for Clayton’s emerging Green Street

<a href="https://www.apartments.com.au/developers/gardner-vaughan-group">Gardner Vaughan Group</a> has officially commenced construction on Bronze on Chevron, celebrating the sod turning of its first-ever Gold Coast development and marking a significant milestone in the company's continued expansion across South East Queensland.&nbsp;

Following the successful delivery of premium residential developments throughout Brisbane and the Sunshine Coast, <a href="https://www.apartments.com.au/new-apartments/bronze-on-chevron-8-mawarra-street-chevron-island-qld-4217">Bronze on Chevron</a> represents Gardner Vaughan Group's entry into the Gold Coast market. Bronze will deliver 119 one, two, three and four-bedroom apartments above two ground-level retail tenancies.

[smartcode_project:default project_id=107520 project_image_fid=367193]

The recent sod turning ceremony was attended by Deputy Mayor Mark Hammel, President of the Surfers Paradise Surf Life Saving Club, Cassandra Sedgman, project consultants, purchasers, project partners and invited guests to celebrate the commencement of construction.&nbsp;

Gardner Vaughan Group Chief Executive Officer Simon Betteridge said Bronze on Chevron represented an exciting new chapter for the business.&nbsp;

"We've spent almost four decades building homes that respond to the way people want to live, and we're excited to bring that experience to <a href="https://www.apartments.com.au/developments/chevron-island-qld-4217">Chevron Island</a>," Betteridge said.

"Bronze on Chevron is particularly significant because it marks Gardner Vaughan Group's first development on the Gold Coast following many successful projects across Brisbane and the Sunshine Coast."

[smartcode_project:default project_id=107520 project_image_fid=367183]

Betteridge said the ground breaking is a proud moment for the&nbsp;team and their purchasers, who can now see their future homes beginning to take shape.&nbsp;

"As both developer and builder, we're able to oversee every aspect of the project from design through to construction, ensuring the quality and attention to detail Gardner Vaughan Group has become renowned for."&nbsp;

Designed by acclaimed architectural practice <a href="https://www.apartments.com.au/architects/cottee-parker-architects">Cottee Parker</a>, Bronze on Chevron has been thoughtfully designed to complement Chevron Island's evolving streetscape while embracing its relaxed coastal lifestyle.

The development will offer generous residences with refined interiors, premium finishes and resort-style amenities, with completion anticipated in early 2029.&nbsp;

[smartcode_project_cta:default project_id=107520]

The development will offer generous residences with refined interiors, premium finishes and resort-style amenities, with completion anticipated in early 2029

Gardner Vaughan Group breaks ground on first Gold Coast development, Bronze on Chevron

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?

New apartment developments with uninterrupted, north-facing views over Perth's Swan River are exceptionally rare.

Recognising just how limited those opportunities are, <a href="https://www.apartments.com.au/developers/edge-visionary-living">Edge Visionary Living</a>, one of Perth's most respected builder-developers, targeted <a href="https://www.apartments.com.au/developments/applecross-wa-6153">Applecross</a>, assembling an unrepeatable 6,342 sqm riverfront site on the corner of Moreau Mews and Canning Beach Road to create one of Perth's only new north-facing apartment developments directly overlooking the Swan River.

Today, <a href="https://www.apartments.com.au/buildings/riviere-residences-applecross-59-canning-beach-road-applecross-wa-6153">Rivière Residences</a> offers buyers a unique opportunity to choose between completed residences ready to move into now and off-the-plan homes in the final stage, Rivière West.

[smartcode_project:default project_id=28384 project_image_fid=3823]

Across the completed East and Central buildings, residents are already enjoying the development's luxury amenity, while two of the precinct's hospitality venues are now open.

The completed component of the development gives buyers the advantage of experiencing the finished product firsthand, including its uninterrupted river views, while still having the opportunity to secure a residence in the final stage.

"People are wowed by the view and the quality of the apartments,"&nbsp;Edge Visionary Living Sales Executive, Holly McSweeney, says.

"They're looking for the convenience of lock-and-leave living, but they're not looking to downsize on quality."

[smartcode_project:default project_id=28384 project_image_fid=3826]

The rarity of the development hasn't been lost on prospective buyers, McSweeney says.

For McSweeney, it all comes back to a location that is becoming increasingly difficult to replicate.

"Location, location, location," she says. "We are nestled right on the front of the Swan River. You can never get built out, so wherever you are in Rivière Residences, you've got views of the river forever."

The unique waterfront position has resonated particularly strongly with local downsizers. McSweeney says many buyers are long-time Applecross residents looking to transition from large family homes into a luxury apartment without sacrificing space, quality or the lifestyle they've enjoyed for decades.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/N_FowNW0wu8?si=vb25XFq1wZ-iufAW" title="YouTube video player" width="560"></iframe>

A major focus for Edge in recent years has been resident amenity. Across its apartment portfolio, from beachfront developments in Scarborough to luxury towers in South Perth, the developer has increasingly invested in the spaces beyond the apartment itself.

The strategy has largely been shaped by downsizer demand. Many buyers are moving from large family homes with swimming pools and established gardens. While they're looking to leave the maintenance behind, they don't want to compromise on lifestyle.

At Rivière, <a href="https://www.apartments.com.au/architects/hillam-architects">Hillam Architects</a> designed the resident facilities as an extension of each apartment. A 25-metre heated swimming pool takes advantage of the north-facing river outlook, complemented by a large gym, sauna and steam rooms, private dining spaces, residents' lounges, a cinema, games room, and dedicated wine and whisky rooms.

[smartcode_project:default project_id=28384 project_image_fid=372542]

The waterfront location has also proved to be a major drawcard. Residents are within walking distance of the Raffles Hotel, South of Perth Yacht Club, the Heathcote Cultural Precinct and the cafés, restaurants and boutiques along Ardross Street.

Beyond the location and amenity, McSweeney says many buyers take confidence from Edge's fully integrated development model.

Having delivered apartments across Perth for decades, Edge now designs, develops and constructs its projects in-house, giving the company greater control over quality, delivery and the finished product.

"What I love is when people walk through their apartment for the first time and say, 'This is better than what we imagined,'" McSweeney says. "We hear that all the time."

Completed apartments in the East and Central buildings are now available to inspect by appointment, while Rivière West, the final stage of the precinct, is expected to be completed in the first quarter of 2027.

[smartcode_project_cta:default project_id=28384]

North-facing Swan River views drive demand at Rivière Residences in Applecross

Bloom Residences is one of four luxury apartment developments in Nedlands currently underway by Blueways Group and Aria Land.

The boutique collection of 38 one, two and three-bedroom apartments has been designed by leading architecture practice Hassell, the biggest architecture practice in Australasia with studios all around the globe.

They combine the power of creative design and strategic intelligence to craft, meaningful and enduring places like the Western Australian Museum, Herston Quarter and the Stadia Precinct.

<div>They have designed Bloom&nbsp;emphasise the character and charm of one of the western suburbs most sought after pockets.</div>

There are a broad range of floor plans on offer across the suite of&nbsp;apartments, I&#39;ve summarized them below alongside their&nbsp;price ranges:

[smartcode_project:default project_id=93813 project_image_fid=178502]

<ul>
	<li>One Bed | One Bath | One Study&nbsp;| 21 - 28&nbsp;sqm Balcony/Terrace&nbsp;| 80&nbsp;- 109 sqm | $475,000+</li>
	<li>Two Bed | One -&nbsp;Two Bath | One Study&nbsp;| 15&nbsp;- 23&nbsp;sqm Balcony/Terrace&nbsp;| 112&nbsp;- 121&nbsp;sqm | $859,000+ (pictured below is the Type B3)</li>
	<li>Three Bed | Two - Three Bath&nbsp;| One Study&nbsp;| 30&nbsp;- 65&nbsp;sqm Balcony/Terrace&nbsp;| 196&nbsp;- 278&nbsp;sqm | $1.49&nbsp;million+</li>
</ul>

<a href="/new-apartments/bloom-residences-95-broadway-nedlands" target="_blank"><img alt="" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/bloom_perth_b3.jpg" /></a>

Located on Broadway, each boutique one, two and three bed design offers an open-plan layout, with premium finishes, stone benchtops and Miele appliances. Airy living spaces naturally flow onto spacious balconies and terraces.

There are three internal colour palletes to choose from, Cool, Warm and Dark.

Amenities include a residents-only gym, large purpose-built lounge space, communal dining areas, private landscaped communal gardens and more

Featuring Swan River and city views, it is close to some of Perth&#39;s finest shops, cafes, bars and transport links. It is also within the catchment of some of Perth&rsquo;s most prestigious schools.

Now over 30 per cent&nbsp;sold, Bloom Residences&nbsp;is set for completion in mid-2023

[smartcode_project_cta: project_id=93813]

Hassell has designed Bloom emphasise the character and charm of one of the western suburbs most sought after pockets.


jordan_55689

Inside Bloom Residences, the Nedlands apartment development designed by the biggest architecture practice in Australasia

Buyers have come out in droves to snap up apartments in&nbsp;Rivean Residences, one of the few&nbsp;Perth&nbsp;developments to come out of the collaboration between Aria Land and Blueways Group.

The Nedlands development of just 28 apartments has been&nbsp;designed&nbsp;by&nbsp;Giorgi, one of Australia&#39;s most awarded custom architect builders. They&#39;ve been behind award-winning projects like Echelon Residences, Caversham and 10BVT.

&quot;Rivean draws on local historical materials and innovative design techniques to spark a revitalization of the surrounding community,&quot;&nbsp;Giorgi says.

[smartcode_project:default project_id=95299 project_image_fid=178799]

&quot;The design is responsive to the environment, providing excellent access to natural light, fresh air and generous outdoor space, whilst also offering a range of spaces and activities that will promote a sense of community.&quot;

Over 50 percent of the two and three bedroom apartments have been sold, with prices ranging from $909,000 to $1,139,000.

Located in the leafy Nedlands at 139 Broadway, Rivean enjoys close proximity to the city, Swan River and premier shopping and dining destinations.

[smartcode_project:default project_id=95299 project_image_fid=178805]

Kings Park is just moments away, together with the many offerings of nearby Elizabeth Quay and the Foreshore parks. Not far from the development is&nbsp;Claremont Quarter, the major shopping hub with a number of restaurants,&nbsp;caf&eacute;s and bars.

There are&nbsp;a range of public transport options at the&nbsp;doorstep, as well as pedestrian and cycle trails.

Construction is scheduled for November 2021,&nbsp;with completion estimated for 2023.

[smartcode_project_cta: project_id=95299]

Over 50 percent of the two and three bedroom apartments have been sold, with prices ranging from $909,000 to $1,139,000

Luxury Nedlands apartment development Rivean Residences passes 50% sold mark

The twin tower Perth apartment development, Henley Rise, in the waterfront suburb of Como, is one of the handful of new developments to come out of the collaboration of&nbsp;Aria Land and Blueways Group.

Nestled in the leafy City of South Perth, Henley Rise is set to&nbsp;overlook&nbsp;the Swan River and Perth CBD when completed in late 2023.

Comprising 111 apartments, Henley Rise&nbsp;was designed by renowned Embrace Architects&nbsp;to harmonize the bustling Como hub with its peaceful riverside location.

The apartments&nbsp;feature balconies/terraces of up to 158 sqm with sweeping views of the Swan River and cityscape beyond.

There are a broad range of floor plans on offer across the suite of one, two and three bedroom apartments.&nbsp;&nbsp;

Urban has wrapped had a look at the configurations on offer.

[smartcode_project:default project_id=94976 project_image_fid=178640]

<ul>
	<li>One Bed | One Bath | One Study&nbsp;| 11 - sqm Balcony/Terrace&nbsp;| 76 - 99 sqm | $395,000 - $589,000</li>
	<li>Two Bed | One -&nbsp;Two Bath | One Study&nbsp;| 10 - 158&nbsp;sqm Balcony/Terrace&nbsp;| 89 - 302&nbsp;sqm | $549,000 - $929,000 (pictured below is the Type Q)</li>
	<li>Three Bed | Two Bath | One Study&nbsp;| 33&nbsp;- 96&nbsp;sqm Balcony/Terrace&nbsp;| 181&nbsp;- 241&nbsp;sqm | $1.1 million+</li>
	<li>Penthouse |&nbsp;Three Bed | Two Bath | One Study&nbsp;| 122&nbsp;- 143&nbsp;sqm Balcony/Terrace&nbsp;| 319&nbsp;- 348&nbsp;sqm |&nbsp; $1.1 million+</li>
</ul>

<a href="/new-apartments/henley-rise-como-44-and-46-leonora-street-como"><img alt="" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/henley_type_q.jpg" /></a>

The apartments feature sizable 10 sqm or larger balconies/terraces with sweeping views of the Swan River and cityscape beyond.

Each Henley Rise residence&nbsp;boasts premium fixtures and finishes as well as&nbsp;integrated European appliances. These range from quality timber flooring to designer tiles all while leaving space for residents to add a personal flair.

There are three colour palletes to choose from, Cool, Warm and Dark.

Residents also have access to communal garden, gymnasium, state-of-the-art business hub and residents&rsquo; lounge. Notably, strata fees at Henley Rise are up to 40% lower than other Como developments.

[smartcode_project:default project_id=94976 project_image_fid=178648]

Situated on Leonora Street, residents are a stone&#39;s throw away from top-class amenities including the Royal Perth Golf Course and Collier Golf Course, South Perth Yacht Club and Tennis Club, South Perth Esplanade and the famed Preston Street Caf&eacute; strip

It&#39;s a short walk 300 metres walk to the train station, while Perth&#39;s leading shopping centre, Garden City, is minutes away.

The apartments feature balconies/terraces of up to 158 sqm with sweeping views of the Swan River and cityscape beyond

Inside the Henley Rise, Como apartments in South Perth

Henley Rise, overlooking the Swan River and Perth CBD, is one of the new Western Australia developments to come out of the collaboration of developers&nbsp;Aria Land and Blueways Group.

Nestled in the leafy City of South Perth, it will comprise 111 apartments designed to harmonize the bustling Como hub with its peaceful riverside location.

It is made up of two&nbsp;towers, Southern and Northern, designed by Embrace, a boutique design studio behind a range of residential and commercial buildings in WA and Victoria, including Kew Residences, The Gratis,&nbsp;and The Selection.

[smartcode_project:default project_id=94976 project_image_fid=178640]

Henley Rise apartments&nbsp;feature balconies and terraces of up to 158 sqm with sweeping views of the Swan River and cityscape beyond.

Situated on Leonora Street, residents are a stone&#39;s throw away from top-class amenities including the Royal Perth Golf Course and Collier Golf Course, South Perth Yacht Club and Tennis Club, South Perth Esplanade and the famed Preston Street Caf&eacute; strip

It&#39;s a short walk to the train station which will have residents in the Perth CBD or King&#39;s Park while Perth&#39;s leading shopping centre, Garden City is minutes away.

[smartcode_project:default project_id=94976 project_image_fid=178712]

Despite containing a communal garden, gymnasium, state-of-the-art business hub and residents&rsquo; lounge, strata fees at Henley Rise are up to 40% lower than other Como developments.

Aria and Blueways have also partnered together for a precinct comprised of multiple boutique apartment developments in Perth&#39;s Nedlands.

[smartcode_project_cta: project_id=94976]

Henley Rise, overlooking the Swan River and Perth CBD is one of the new Western Australia developments to come out of the collaboration of developers Aria Land and Blueways Group.

Perth apartment development in the spotlight: Henley Rise, the latest Como apartment development

Iris Residential delivers the ultimate in 21st-century convenience in the popular community of Shenton Park, with their latest project, Shenton Quarter.

Designed by Cameron Chisholm Nicol Architects, the mix of architecturally designed loft-style townhouses and one, two and three-bedroom apartments offer an unrivalled way of living within a vibrant, environmentally conscious community.

[smartcode_project:default project_id=26734 project_image_fid=153694]

Shenton Quarter features landscaped gardens, lounge and dining area, fruit orchid, 20-metre heated swimming pool, barbeque deck and children&rsquo;s play area.

According to Iris Residential, there are close to 50 unique floorplan layouts across Shenton Quarter&rsquo;s apartments.

Urban takes a look at four of the different floorplans available.

1. Apartment Type 1D 
One-bedroom apartments from $399,000

<img alt="" height="746" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2021-09-13_at_7.10.47_pm.png" width="1178" />

Located on the lower ground, apartment type 1D boasts a one-bedroom, one-bathroom residence with a car area.

Set over an internal area of 57sqm, the home includes an open-plan living and dining area, L-shaped kitchen and abundant storage.

The apartment also includes a generous 39sqm terrace, walk-in robe and laundry space.

[smartcode_project:default project_id=26734 project_image_fid=153710]

One-bedroom apartments in Shenton Quarter come furnished with Smeg appliances in the kitchen, reconstituted stone benchtops and the choice between three colour schemes.

2. Apartment Type 2F 
Two-bedroom, one-bathroom apartments from $580,000

<img alt="" height="962" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2021-09-13_at_7.10.26_pm.png" width="826" />

Located on level one and two of the mixed-use development, apartment type 2F boasts two bedrooms and one bathroom, with a 13sqm car bay area included.

Featuring a large 50sqm balcony and an internal area of 85sqm, this large apartment is ideal for entertaining family and friends.

The open-plan living and dining space opens the residence to the outdoors with abundant light shining through the floor-to-ceiling windows.

[smartcode_project:default project_id=26734 project_image_fid=153714]

Among its features include built-in robes, Smeg appliances and 100 per cent wool carpets.

3. Apartment Type 2K.2 
Two-bedroom, two-bathroom apartments from $640,000

<img alt="" height="976" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2021-09-13_at_7.10.11_pm.png" width="612" />

The apartment type 2K.2 configuration provides greater luxury with a superbly appointed two-bedroom, two-bathroom apartment layout available across 16 apartments.

Set over 90sqm, balconies range between 17sqm and 38sqm in this large apartment.

[smartcode_project:default project_id=26734 project_image_fid=153721]

It boasts open-plan living, built-in robes, an acrylic bathtub and up to 9sqm of internal storage space, as well as a 26sqm car bay area for two cars.

4. Apartment Type 3I 
Three-bedroom apartments from $880,000

<img alt="" height="724" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2021-09-13_at_7.09.39_pm.png" width="614" />

Located on levels three to six of the six-floor building, apartment type 3I provides a grand family-sized apartment at Shenton Park.

With an internal area of 130sqm and an impressive 95sqm balcony, the residence delivers unmatched luxury to Perth.

The home includes three bedrooms, two bathrooms, two internal storage rooms, walk-in robes, and a separate laundry room.

[smartcode_project:default project_id=26734 project_image_fid=153719]

Finishes in the apartment include energy-efficient recessed LED downlights, reconstituted stone benchtops, Smeg appliances and a free-standing acrylic bath.

It also includes storerooms provided at front entry, on the balcony and in the car park, as well as two undercover car bays in side by side arrangements.

[smartcode_project_cta: project_id=26734]

According to Iris Residential, there are close to 50 unique floorplan layouts across Shenton Quarter’s apartments

max.kwok_55688

Shenton Quarter, Perth apartments offer abundant open plan living

The West Australian State Budget offered a rebate of up to $50,000 of transfer duty for buyers who sign pre-construction contracts for a residential apartment in multi-tiered strata.

Originally due to expire in October 2021, the scheme has been extended a further two years.&nbsp;

The WA Government announced they will be extending the off-the-plan stamp duty rebate until 24 October 2023.

But it is at a reduced rate of 50 per cent (down from 75 per cent).

The scheme will now operate for pre-construction contracts entered into between 23 October 2019 and 24 October 2023.

[smartcode_project:default project_id=26734 project_image_fid=153697]

The rebate amount is for a pre-construction contract between 23 October 2019 and 23 October 2021 (inclusive) to purchase a new residential unit or apartment in a multi-tiered development - 75 per cent of the duty paid, capped at a maximum of $50,000;

for a pre-construction contract between 24 October 2021 and 24 October 2023 (inclusive) to purchase a new residential unit or apartment in a multi-tiered development - 50 per cent of the duty paid, capped at a maximum of $50,000.

The 2021-22 State Budget includes a $26.2 million allocation for the rebate extension.

The rebate amount had since inception been the equivalent to 75% of the transfer duty paid and capped at $50,000 for units that have yet to begin construction and $25,000 constructions that are underway.&nbsp;

[smartcode_project:default project_id=8266 project_image_fid=158116]

There was no cap on the purchase price and the scheme can be accessed by buyers who already own property.

REIWA President Damian Collins said the Institute was pleased to see the two-year extension to the off-the-plan stamp duty rebate.

&quot;We are pleased the off-the-plan stamp duty rebate has been extended, albeit at a reduced rate, and urge the WA Government to consider making this a permanent feature of the states property tax system to ensure an ongoing pipeline of projects, a steady supply of diverse housing and to aid in the creation of jobs for West Australians,&quot; Mr Collins said.

[smartcode_project:default project_id=7864 project_image_fid=142658]

The mining state posted a $5.6 billion surplus for the 2020-21 financial year, which was $2.5 billion more than anticipated given royalties paid by its iron ore sector.&nbsp;

WA&rsquo;s prior biggest surplus was $2.7 billion in 2007.

West Australians are being urged to consider apartment living, with a stamp duty rebate extension in the State Budget

jchancellor-FAypfDUnLy

West Australian off the plan apartment stamp duty rebate gets two year extension

The latest Urbis report has calculated 475 off-the-plan sales in Perth were secured between March and June. 
&nbsp; 
It was the highest number of sales since the 2006 first quarter.

The top sellers were Edge Visionary Living&rsquo;s Lumiere South Perth followed by its Rivi&egrave;re project on the waterfront in Applecross which had 33 sales at close to a $2m average price.

[smartcode_project:default project_id=26734 project_image_fid=153697]

Perth&#39;s average off the plan apartment price was $900,000 plus.

The report noted off-the-plan sales over the June quarter were higher than resales of existing apartments.

The 475 off-the-plan sales were worth $430 million.

[smartcode_project:default project_id=8266 project_image_fid=158138]

The research by the property consultants suggested the uptick had been driven by wealthy downsizes seeking luxury apartments in the inner suburbs.

Buyers of new apartments qualify for stamp duty rebates of 75 per cent up to $50,000 with no cap on the purchase price.

It is available to both owner occupiers and investors.

Around one quarter of the new apartment buyers in the June quarter were investors.

Buyers of new apartments qualify for stamp duty rebates of 75 per cent up to $50,000

Perth sees strongest off the plan apartment sales tally for five years

The Perth market is pumping in a way that hasn&rsquo;t been seen since the end of the resources investment boom in 2013.

This is most starkly evident in the sales data. In the three years from 2018 to 2020, Perth recorded between 34 and 59 suburbs with rising sales activity in our quarterly surveys. But our three surveys in 2021 have found 118, 103 and 115 rising suburbs.

Our latest quarterly analysis has found improvement in many of the major municipalities across the Perth metropolitan area. Armadale, Bayswater, Belmont, Canning, Gosnells, Joondalup, Kwinana, Stirling and Wanneroo have all increased the number of suburbs with rising market activity, while Rockingham has maintained its position with all nine suburbs classified as rising markets.

The one notable under-achiever is the Melville LGA, where only three of 14 ranked suburbs are rising markets.

The two leading municipalities are Wanneroo and Stirling. In Wanneroo, 17 of the 21 ranked suburbs are classified as rising markets, headed by Butler (quarterly sales of 50 51 61 65 71 95 96 120 125), Landsdale (50 67 70 73 82) and Clarkson (58 64 63 99 101 114 120). In Yanchep, quarterly sales have risen from 35-40 in 2019 to above 100 per quarter now.

[smartcode_project:default project_id=8266 project_image_fid=158138]

Fifteen of the 23 ranked suburbs in the LGA of Stirling are rising markets, maintaining this area&rsquo;s track record as a place of sterling performance. Quarterly sales in Balga have been 59 77 83 83 101 while Mt Lawley has recorded 56 71 101 106 112 and Nollamara 53 99 94 109 115.

Rockingham is one of the few LGAs in the nation where every suburb is rising, headed by Baldivis (134 223 220 290 295) and Port Kennedy (48 48 76 85 91 112)

The always-steady Joondalup LGA has improved its ranking, with the number of rising suburbs increasing from six to nine in the latest survey, with a notable uplift in prices (see below). Quarterly sales in Craigie have been 33 39 50 59 67.

There has also been a significant improvement in the LGA of Bayswater, with the number of rising suburbs improving from two to six, including Bayswater, Bedford, Maylands and Noranda.

In the city of Cockburn, nine of the 13 ranked suburbs have upwardly-mobile markets, including Coolbellup, Coogee, Hamilton Hill and Spearwood.

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There has been notable improvement in several of the cheaper markets in the Perth metro area: Armadale (6), Canning (4), Gosnells (6) and Kwinana (5) have all increased the number of suburbs with rising sales.

The suburb of Armadale has recorded quarterly sales of 50 61 69 79 87, while Bentley in the Canning LGA has had 29 29 51 57 65 and neighbouring East Cannington has done 19 26 27 39 43. Quarterly sales in Gosnells have been 60 63 99 105 134 138.

In the Kwinana LGA, the cheapest market in Perth, Orelia sales have been 12 17 21 25 43 and Wellard 33 50 66 93 110.

Swan has maintained its steady position with five rising suburbs, led by Ellenbrook (88 96 96 131 153 159 165).

PRICES: It&rsquo;s been a long time between drinks, but prices are now moving strongly upwards in the Perth market &ndash; 97% of suburbs have recorded annual growth in their median house prices while 73% of unit markets have risen in the past year.

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There are only six suburbs in the Greater Perth area which have failed a record price growth in the past 12 months.

For several years we have ranked the Joondalup LGA as the precinct most likely to thrive when the Perth market recovered and now it&rsquo;s leading on price performance. Thirteen suburbs have had double-digit growth in their median house prices in the past year, led by the 21% rise to $595,000 in Currambine. Craigie ($465,000) and Duncraig ($750,000) have risen 15-16%.

Northern neighbour Wanneroo has also done well, with eight suburbs rising more than 10% in the past year, headed by the 16% rise to $400,000 in Banksia Grove. Girrawheen ($320,000), Marangaroo ($425,000) and Yanchep ($415,000) have all increased 15%. As the figures show, affordability is a feature here.

We have also predicted improvement in the ridiculously cheap suburbs in Kwinana LGA &ndash; Wellard ($410,000), Parmelia ($275,000), Leda ($290,000), Medina ($250,000) and Orelia ($265,000) have all risen more than 10%, with Medina (up 28%) the star.

[smartcode_project:default project_id=26734 project_image_fid=153714]

Further south, another affordable precinct, the Armadale LGA, has several good growth markets, led by Kelmscott ($340,000) and Armadale ($245,000), which have increased 21-22%.

Two middle market areas which have featured often in our Top 5 Perth Hotspots reports &ndash; Stirling and Melville &ndash; are both prominent now with good price growth. The Stirling uplift is headed by Joondanna ($710,000), Yokine ($650,000) and Osborne Park ($550,000), all up 15-16%. In Melville, Bicton has surged 31% to $1.13 million and other growth suburbs are Palmyra, Mt Pleasant, Bull Creek and Bateman.

Among the more expensive suburbs, the growth leaders are Claremont (up 34% to $1.7 million), City Beach (25% to $2.09 million), Floreat (21% to $1.57 million) and Cottesloe (20% to $2.3 million).

Our three surveys in 2021 have found 118, 103 and 115 rising suburbs.

terryryder

The Perth property market continues its resurgence: Hotspotting's Terry Ryder

The ASX-listed Perth developer Finbar Group are set to redevelop the old heritage-listed former Chemistry Centre on the fringe of Queens Park in East Perth.

The $154 million plans, drawn up by architecture firm S S Chang Architects, see the current heritage-listed building at 101 Hay Street, which dates back to 1942, incorporated in the design, acting as a base for a 27-level tower.

Given the vast 5,335&nbsp;sqm site, Finbar are also building another 38-level tower alongside. Combined the development will have 331 apartments.&nbsp;

The development plans pay homage to the heritage by retaining the Material Sciences building and a hexagonal design feature that also provides shade to apartments. The former Chemistry Centre will home 550 sqm worth of restaurant or cafes. There will be a further&nbsp;eight spaces slated for restaurant or cafe use, three personal service spaces and a shop, activating the 1,300 sqm of street level commercial space.

<img alt="" height="800" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/110_east_st_perth.jpg" width="1200" />

Finbar,&nbsp;alongside Singaporean developer&nbsp;Ventrade bought the 5,335 sqm site from the state government for $16 million.

In 2015&nbsp;the local developer Diploma Properties Pty Ltd was chosen as the preferred developer to transform the former Chemistry Centre site, with over&nbsp;200 apartments, dining venues and shops planned. That would have been a 16-level apartment tower with rooftop sky gardens.

The heritage component would have turned in to a laneway-style eat street.

<img alt="" height="1010" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/110_east_st_perth_2.jpg" width="1200" />

Finbar and Ventrade&#39;s plans will see a shared podium on level seven.

There&#39;s a clear intent to create a work-from home space following the border restrictions and reduced appetite to return to the office.

The development will have a business lounge with consult room, board room,&nbsp;and over 10 study pods.

<img alt="" height="850" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/finbar_east_perth.jpg" width="1200" />

Resident amenity will feature a landscaped deck, cinema, resident dining and bar, virtual golf simulator, meditation&nbsp;yoga room, a child play centre, activity games room, and two swimming pools.

The taller tour will also have a rooftop sky bar and gym.

Summary by the strategic planning, urban design firm Element Advisory

The proposed development presents an exciting opportunity to deliver a contemporary redevelopment of the subject site that accords with DWA&rsquo;s established vision for the area through the provision of:

&bull; A well designed, sustainable development that offers an outstanding level of amenity to residents and visitors, and respects and celebrates the cultural heritage significance of the subject site;

&bull; An activated, human scaled edge, through a suitably screened podium with slender residential towers above;

&bull; Extensive landscaping and pedestrian zones at the ground floor level, offering a high level of amenity for pedestrians and designed to celebrate the cultural heritage significance of the subject site;

&bull; A density and diversity of land use that will contribute to the critical mass of people required to activate the subject site and surrounds; and

&bull; Increased housing choice in the locality, complemented by a range of ground floor commercial tenancies that will offer employment and leisure options for a diverse range of people

Given the vast 5,335 sqm site, Finbar are also building another 38-level tower alongside. Combined the development will have 331 apartments

Finbar set for 331 apartments on East Perth's Queens Gardens

Integrated with high-end retail, Amara City Gardens is the only private residences situated within the Garden City Perth precinct.

Located in the established suburb of Booragoon, residents can enjoy the neighbourhood&rsquo;s convenient mix of parks, reserves and commercial offerings.

Developed by Iris Residential, the project captures buyers&rsquo; increased interest in generous resident amenity, quality architecture and stylish finishes.

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&ldquo;We have captured the glamour and glitz of the retail environment with warm golds and lucrative textures, appealing to the discerning buyer&rdquo;, the developers said.

Upon completion, the project will home 124 one, two and three-bedroom apartments.

Inside the residences, high-quality finishes include large balconies, 2.7-metre ceilings, generous storage, and undercover secured car bays.

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The timber and marble-appointed main lobby completes the luxurious appointments that are exclusive to Amara City Gardens residents.

Designed by Cameron Chisholm Nicol, each apartment features open-plan living, mirrored robes and the choice between three contemporary colour schemes.

Some apartments boast sweeping vistas of the Perth skyline and Swan River, contributing to the elegance of the home.

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Among resident facilities include a large residents&rsquo; dining area, with fully-equipped kitchen and private wine cellar, an open-air barbeque and sunset veranda, a modern gym and a rooftop tai-chi and yoga deck.

With an array of solar PV cells, double-glazed windows and electric vehicle charging bays, Amara has been designed with the future in mind.

The development achieves a seven-star NatHERS rating, and includes secure bike racks, manicured gardens and an abundance of natural light.

[smartcode_project:default project_id=8266 project_image_fid=158135]

The sought-after Booragoon, which has recorded a quarterly growth of 4.4 per cent for two-bedroom apartments, according to SQM research, also boasts numerous health and medical facilities, schools and transport options within walking distance from the home.

Amara City Gardens has already sold 60 per cent of their stock, with only two and three-bedroom apartments remaining, reflecting the attractive investment opportunities the residences present.

It is expected to reach completion in mid-2022.

[smartcode_project:default project_id=8266 project_image_fid=158117]

About the developer

Iris Residential is a private Western Australian-based property developer with a strong and successful track record in delivering quality residences.

The company has undertaken over $1 billion of developments, with more than 1100 apartments purchased by local buyers.

[smartcode_project_cta: project_id=8266]

Developed by Iris Residential, the project captures buyers’ increased interest in generous resident amenity, quality architecture and stylish finishes. 

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