<a href="https://www.apartments.com.au/developers/far-east-consortium">Far East Consortium</a> is preparing to commence construction on <a href="https://www.apartments.com.au/new-apartments/640-bourke-street-melbourne-640-bourke-street-melbourne-vic-3000">640 Bourke Street</a> this October, marking the next milestone for the Melbourne CBD development and its higher-end Eliza Collection.

Spanning levels 44 to 68 of the 68-storey <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a>-designed tower, the Eliza Collection has been conceived as a lower-density offering within the broader development, with only five apartments on each floor, dedicated lift access and a collection of resident spaces reserved exclusively for Eliza Collection residents.

The Eliza Collection forms part of Far East Consortium's broader move toward larger-format residences at 640 Bourke Street, where the number of apartments was reduced from earlier plans as apartment sizes increased.

[smartcode_project:default project_id=509 project_image_fid=365685]

"What it's meant for 640 Bourke is we've actually reduced the number of apartments. We've increased the overall size of the apartments. We don't have any studios in here, and what that does for a project is it elevates it," Far East Consortium Director of Sales and Marketing Lauren Sheldon said.

Rothelowman Associate Jun Chang said the design process provided an opportunity to create more generous floorplans.

"We were given the opportunity to be more generous. The apartments became bigger and squarer than any other apartments which had been designed in the CBD before that."

[smartcode_project:default project_id=509 project_image_fid=368869]

That thinking carries through to the Eliza Collection, where the residences have been designed around the space and functionality associated with a larger home, but positioned high above the centre of Melbourne.

Kitchens are equipped with Gaggenau appliances, a butler's pantry, temperature-controlled wine cabinet and sculptural pendant lighting, while engineered timber flooring, stone and porcelain finishes and custom cabinetry feature throughout the broader interiors.

Privacy and security are another point of distinction. Eliza Collection residents have dedicated lift access, while 640 Bourke Street will provide concierge services and secure resident parking. Short-stay accommodation, including Airbnb, will not be permitted within the development.

[smartcode_project:default project_id=509 project_image_fid=365689]

Eliza Collection residents will also have exclusive access to selected amenity spaces across levels one and three of the restored Eliza Tinsley building. These include the Salon with grand piano, an art therapy room, private dining rooms and treatment rooms.

They sit within more than 3,000 sqm of amenity planned across 640 Bourke Street, alongside facilities including a pool, gym, whisky lounge and further social and wellness spaces.

The Eliza Tinsley building itself is central to the wider project's identity. Rather than treating the existing Eliza Tinsley façade as a separate element, Rothelowman used it as a starting point for the architecture of the new tower, with the historic building to accommodate the project's gallery and lobby.

"It's a significant asset and wants to be celebrated and experienced by all residents every single time they go in and out of the building," Rothelowman Principal Stuart Marsland said.

[smartcode_project:default project_id=509 project_image_fid=368872]

The tower will rise behind the retained heritage building at 640 Bourke Street, placing residents within walking distance of Southern Cross Station, Flagstaff Gardens, Queen Victoria Market and the Docklands waterfront.

With construction scheduled to begin in October, Far East Consortium has established an onsite display gallery at 640 Bourke Street, including fully built apartments that allow the project's layouts, materials and finishes to be inspected at full scale.

A fully built Eliza Collection apartment is also available to view at the display suite by appointment ahead of the planned October construction commencement.

Eligible purchasers who buy before construction commences can secure the full available off-the-plan stamp duty savings, subject to eligibility and applicable conditions.

[smartcode_project_cta:default project_id=509]

Joel Robinson

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

By the time S&amp;S Projects began planning <a href="https://www.apartments.com.au/new-apartments/radia-rainbow-bay-271-boundary-street-coolangatta-qld-4225">Radia</a>, the developer already had three Rainbow Bay projects from which to draw.

Flow, Awaken and Esprit had given <a href="https://www.apartments.com.au/developers/ss-projects">S&amp;S Projects</a> experience developing in the southern Gold Coast enclave, as well as buyer feedback that could be carried into its fourth project, a boutique collection of 38 residences at 271 Boundary Street.

“We have experienced a lot of success in this location and as this was our fourth building we had taken all of the learnings and buyer feedback from previous projects to arrive at a design and apartment mix that we believe had captured all of that experience and remained a true S&amp;S Project in its design and amenity,” the developer said.

That experience has translated into a collection of two, three, four and five-bedroom residences including two penthouses positioned on an elevated corner in Rainbow Bay, where the site opens to multiple coastal view corridors and the area's distinctive north-facing bay.

[smartcode_project:default project_id=140491 project_image_fid=284542]

S&amp;S Projects says the Boundary Street site took years to assemble, having previously comprised six units, a house and a duplex. The developer worked individually with the existing owners to bring the properties together after an earlier attempt to sell the site had been complicated by the number of parties involved.

“We are constantly looking for properties that meet our brand standards of location, views, and sites that are rare with unique aspects that we can develop to maximise the lifestyle of residents who live in our buildings,” S&amp;S Projects said.

The Boundary Street site gave <a href="https://www.apartments.com.au/architects/cottee-parker-architects">Cottee Parker</a> a different set of conditions to work with.&nbsp;

“Our design brief was to design a building that took advantage of its unique elevated corner siting offering a range of spectacular view corridor opportunities,” Cottee Parker said.

“The design had to reinforce the strong brand pillars of S&amp;S which are quality, luxury and superior resident amenity.”

[smartcode_project:default project_id=140491 project_image_fid=284543]

Cottee Parker responded with a sculptural floorplate and strong horizontal banding, with continuous balconies and landscaped planters wrapping the building. Operable screens along the balcony edges allow residents to manage light and shade while creating an additional layer of pattern across the facade.

The tower rises above a heavily landscaped podium incorporating the entry lobby and recreational level, while the broader architectural expression takes cues from Rainbow Bay's coastal environment through its organic forms and light material palette.

Cottee Parker says the design has also been developed to complement S&amp;S Projects’ three previous Rainbow Bay developments while retaining its own architectural identity.

Inside, the residences continue that coastal response through two interior schemes centred on warm timbers and neutral tones, alongside patterned natural stone and fluted detailing.

Floor-to-ceiling sliding glass doors connect open-plan living areas to wraparound balconies, while natural stone is used across benchtops, splashbacks and bathroom walls. Specifications also include light-washed timber flooring, gas fireplaces, integrated bar and wine fridges, freestanding stone baths and 100 per cent wool carpet.

[smartcode_project:default project_id=140491 project_image_fid=284559]

Cottee Parker Director Sandra Brown said the intention was to create an architectural response closely connected to its surroundings.

“Imagine architecture that breathes with the rhythm of nature, where every curve and line flows seamlessly – creating spaces that dance with the elements, where sunlight kisses every surface and the gentle sea breeze fills every space,” Brown said.

The lessons S&amp;S Projects carried into Radia also extend to its resident amenity, with a substantial collection of shared facilities planned for just 38 residences.

A dedicated Residents Club will include a lap pool and spa, gymnasium, ice bath, sauna, steam room and hot rocks sauna. A residents' lounge, private dining room, outdoor dining and barbecue area and business centre are also planned, along with storage and dedicated surfboard and beach lockers.

S&amp;S Projects Founding Director Paul Gedoun said the facilities were also designed around the project's Rainbow Bay setting.

“Each amenity is designed to capitalise on the lifestyle of Rainbow Bay, ensuring residents can enjoy the relaxed coastal experience the enclave is famous for,” Gedoun said.

[smartcode_project:default project_id=140491 project_image_fid=284555]

<a href="https://www.apartments.com.au/project-marketer/pezet-matheson">Pezet Matheson</a> says purchasers to date have predominantly included local downsizers, interstate lifestyle investors and families, alongside a strong contingent of repeat S&amp;S purchasers.&nbsp;

According to the project sales team, feedback has centred on the natural stone and joinery, generous floorplans, natural light and the ability for residences to capture views in multiple directions. The completed Flow, Awaken and Esprit developments have also provided prospective purchasers with an existing reference point for S&amp;S Projects' delivery in Rainbow Bay.

There has also been interest from high-profile surfers and people connected to the surf community, with the elevated building providing outlooks towards several of the area's recognised surf breaks.

Radia continues S&amp;S Projects' concentration of development in a tightly held part of the southern Gold Coast, close to Rainbow Bay Beach, Snapper Rocks, Duranbah Beach, Greenmount Beach and the Tweed River. The neighbourhood also includes a growing collection of hospitality venues, while Coolangatta Airport provides connections beyond the southern Gold Coast.

Hutchinson Builders is now delivering Radia, continuing the project from early works privately funded by S&amp;S Projects. The $250 million development is expected to reach completion in the third quarter of 2027.

“With our history in Rainbow Bay, we have been fortunate to be heavily involved in how the development landscape has unfolded and this project slides into the property landscape comfortably and will feel like it was always there,” the developer said.

[smartcode_project_cta:default project_id=140491]

How three Rainbow Bay projects shaped S&S Projects' fourth, Radia

Nearly 40 years after <a href="https://www.apartments.com.au/developers/sheida-group">The Sheida Group</a> began working on the northern Gold Coast, the family-owned developer is continuing its involvement in Hope Island with Marina Point Apartments, where apartment scale has been a central part of the development.

Across the 235-apartment waterfront community, the developer has prioritised larger floorplans, substantial open space and marina access, responding to a purchaser base that has predominantly comprised local owner-occupiers and downsizers moving from larger homes.

"Having already delivered Anchorage nearby, we also understood this particular market and how people live here," developer Rick Sheida said.

"<a href="https://www.apartments.com.au/new-apartments/marina-point-apartments-hope-island-66-view-line-terrace-hope-island-qld-4212">Marina Point&nbsp;Apartments</a> gave us the opportunity to build on those lessons and create the next evolution of our work in Hope Island."

[smartcode_project:default project_id=136992 project_image_fid=293151]

The Sheida Group acquired the Marina Point land around 2018. Its appeal, Sheida says, went beyond having a waterfront address.

"What attracted us was not simply that the site was waterfront, but the way it meets the water," he said.

"It sits at the junction of broad waterways, creating long sightlines, changing views and a sense of movement throughout the day. Its shape also allowed us to orient the buildings outward, improve privacy between residences and make better use of natural light and breezes."

The buildings have subsequently been positioned around the perimeter of the site, allowing most apartments to take in water views while others look across the resort amenity or hinterland. Once all four buildings are complete, approximately one hectare of the site is expected to remain as open space.

The waterfront also provides the potential for up to 50 marina berths, with berths ranging from 15 to 24 metres and options designed to accommodate wider vessels including catamarans. Access from the marina to the Gold Coast Seaway is bridge-free.

[smartcode_project:default project_id=136992 project_image_fid=293149]

The developer says purchasers to date have predominantly been owner-occupiers and downsizers from <a href="https://www.apartments.com.au/new-apartments/marina-point-apartments-hope-island-66-view-line-terrace-hope-island-qld-4212">Hope Island</a> and elsewhere on the Gold Coast, generally aged between 45 and 70. Many have sold larger family homes or properties requiring significant upkeep.

That purchaser profile informed a design brief centred on retaining the space and functionality of a larger home within an apartment format.

"Many of our buyers are coming from large, well-appointed homes in Sanctuary Cove and the surrounding area," the project team said.

"They are accustomed to generous spaces and thoughtful design, so it was important that the apartments delivered the same sense of comfort and functionality.

"Every room needed to feel well proportioned, every space needed a clear purpose and nothing could feel compromised."

Residences range from 139 sqm through to 319 sqm penthouses, with two car spaces provided to apartments and three to penthouses. Minimum 2.7-metre ceilings, floor-to-ceiling glazing, entertainer's kitchens with butler's pantries, substantial storage and balconies ranging from 18 sqm to 37 sqm further reflect the emphasis on space.

One purchaser from Sanctuary Cove has taken the concept further, combining two of Marina Point's largest apartments to create a 552 sqm residence with raked ceilings reaching up to 4.5 metres.

[smartcode_project:default project_id=136992 project_image_fid=293155]

With Building 1 now complete, the developer is also seeing its original design assumptions tested against purchaser feedback.

Three completed display residences allow prospective purchasers to compare apartment sizes, layouts, finishes and outlooks in person. The sales team says one of the most consistent responses has been to the scale of the apartments, with visitors describing them as feeling more like homes than conventional apartments.

The first stage of resident amenity is also operational, including a 25-metre heated lap pool, Technogym-equipped gym, infrared sauna, golf simulator and yoga room. Future facilities are set to include a resort-style pool and spa, waterfront barbecue area and a residents' lounge with a library, fireplace, pool table, kitchen and bar.

Rather than treating the four buildings independently, the design brief called for a complete waterfront neighbourhood, balancing private residences with landscaping, open space, marina access and shared amenity.

[smartcode_project:default project_id=136992 project_image_fid=293152]

For Sheida, Marina Point Apartments is ultimately an extension of the developer's longer-term involvement in Hope Island and its view of how the suburb is evolving.

"We were equally interested in the long-term future of Hope Island," he said.

"Its position between Brisbane and the central Gold Coast gives residents access to both, while improving transport connections are making the northern Gold Coast increasingly attractive as a permanent place to live."

Hope Island Marketplace is 1.3 kilometres from Marina Point, while Sanctuary Cove and Paradise Point are within six kilometres. Links Hope Island, The Pines and The Palms golf courses are also nearby, and the new Hope Island train station is under construction around five kilometres from the development.

Building 2 is under construction, with completion scheduled for 2027.

[smartcode_project_cta:default project_id=136992]

Marina Point Apartments continues The Sheida Group's 40-year Hope Island story

Sydney-based fund manager and developer EG is seeking to turn part of the former Roche pharmaceutical campus in Cromer into a 130-home residential community, introducing a mix of low-rise apartments, townhouses and duplexes to the tightly held Northern Beaches market.

The SJB-designed masterplan has been prepared for the 3.2-hectare site at <a href="https://www.apartments.com.au/new-apartments/100-south-creek-road-cromer-nsw-2099">100 South Creek Road</a>, part of the former Roche landholding that EG acquired for $55 million in 2017 through its Yield Plus Infrastructure Fund No. 2.

EG is proposing what SJB describes as a new "urban village" set within the site's significant existing tree canopy.

<img alt="Cromer" data-entity-type="file" data-entity-uuid="482c9a58-49f1-4c53-a12e-aaa02336229f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-24%20at%2011.20.57%E2%80%AFAM.png?VersionId=hZP8_XfPnfNq500dbcjlpVwYU1ebhF9_" />

Around three hectares of the site is considered developable, with the balance incorporating a riparian corridor that would be rehabilitated and revegetated as part of the proposal.

The indicative masterplan comprises approximately 72 apartments in low-rise residential buildings and another 58 townhouses and duplexes.

The apartment component would include around five one-bedroom, 37 two-bedroom and 30 three-bedroom residences, while the townhouse and duplex component would be spread across several different housing typologies. The overall scheme would deliver around 19,500 sqm of gross floor area at an FSR of 0.6:1.

Parking for the apartment component is currently estimated at around 112 resident spaces and 14 visitor spaces, while the townhouse and duplex component would have 116 resident and 12 visitor spaces.

A significant part of the masterplan revolves around retaining the established landscape character of the former Roche campus.

SJB's plans show heavily treed setbacks along both Campbell Avenue and South Creek Road, a centrally located collection of significant native and exotic trees retained as communal open space, and the regeneration of the northern bushland area.

The existing creek corridor along the site's western edge would also be rehabilitated and revegetated, creating additional separation between the new homes and the neighbouring Northern Beaches Business Park.

A heritage-listed cottage and its garden setting would be retained and restored, with SJB flagging its potential adaptive reuse as communal space.

The proposal also includes new communal recreation areas, pedestrian connections to Campbell Avenue and South Creek Road, and a contribution toward improvements to the adjoining Michele Reserve.

Vehicular access would be restricted to South Creek Road, with no vehicle entry proposed from Campbell Avenue. The main internal road would largely follow the site's existing driveway to minimise the impact on established trees.

SJB said residential redevelopment presented an opportunity to retain the majority of the site's heritage-listed mature trees while delivering a broader range of housing types than typically seen across the Northern Beaches.

"The site being 3.27 hectares in area represents one of the largest vacant sites in common ownership in the Cromer and Dee Why area capable of residential renewal," SJB noted in the masterplan.

The architect said the proposal would particularly target housing diversity through townhouses and other "missing middle" typologies suitable for singles, young families, downsizers and retirees.

<img alt="Cromer" data-entity-type="file" data-entity-uuid="e3f5d841-8491-427e-8ada-c70d3d03d6bc" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-24%20at%2011.21.02%E2%80%AFAM.png?VersionId=xTV7r.q8lrTzC9vKzMS9zMbjm9wKwhgm" />

The site emerged following the subdivision of the former Roche campus into eastern and western parcels.

EG has already transformed the western portion into the Northern Beaches Business Park, which incorporates heritage-listed office space, modern warehouses and indoor recreation facilities.

The proposed residential community, referred to as Cromer East in SJB's plans, adjoins established housing to the north, east and south-east, while the business park sits beyond the creek corridor to the west.

It is also within 250 metres of Pittwater House School and Northern Beaches Secondary College, while bus stops within a three-to-five-minute walk provide connections to Dee Why, Brookvale and express services to the Sydney CBD. Cromer Park and the South Creek open space corridor are also nearby.

EG acquired the broader 7.5-hectare former Roche campus in 2017 for $55 million through its Yield Plus Infrastructure Fund No. 2. The campus at the time comprised more than 25,000 sqm of industrial and office buildings set within landscaped grounds.

The current residential site represents the eastern portion of that original holding.

EG's investment strategy for the fund has centred on acquiring income-producing real estate with longer-term rezoning and repositioning potential, particularly assets benefiting from infrastructure and changing land-use patterns.

EG also has an established residential track record across Sydney, including Bosco in Five Dock, Tempo in Drummoyne, The Flour Mill in Summer Hill and Pindari in Randwick.

The developer says it has delivered more than 1,000 homes to date, with a further 3,000-plus residences across its development pipeline.

First look: EG plans 130 apartments on former Roche pharmaceutical campus in Cromer

<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;

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

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

Perth-based developer Devwest's <a href="/buildings/one-richardson-1-richardson-street-south-perth">One Richardson</a> will soon stand as a new landmark building on <a href="/new-apartments/south-perth-wa-6151">South Perth's</a> picturesque Swan River.

<a href="/buildings/one-richardson-1-richardson-street-south-perth">One Richardson</a> faces a spacious public open area, providing a distinctive mix of park-facing apartments and unobstructed Swan River views - something only usually offered within high-rise projects. <a href="/buildings/one-richardson-1-richardson-street-south-perth">One Richardson</a> however is boutique in nature, spanning just 13 levels above a ground floor cafe and welcoming lobby.

<a href="/buildings/one-richardson-1-richardson-street-south-perth">One Richardson</a> will comprise 75 one, two, and three-bedroom apartments, including a series of two-storey penthouses.

[smartcode_project:default project_id=7809 project_image_fid=203876]

Centrally located on the corner of Richardson Street and Melville Parade, <a href="/buildings/one-richardson-1-richardson-street-south-perth">One Richardson</a> will be an excellently connected development to access the best of <a href="/new-apartments/south-perth-wa-6151">South Perth's</a> offerings.

A regular timetable of buses and ferries provides easy access to <a href="/new-apartments/perth-wa">Perth's CBD</a>, whether for work or leisure. A network of cycling and walking trails sprawls across South Perth and beyond, while the nearby Kwinana Freeway ensures seamless driving access.

With so much to explore on One Richardson's doorstep, enjoying the outdoors was never so inviting.&nbsp;

[smartcode_project:default project_id=7809 project_image_fid=203878]

Residents can enjoy a walk or a bike ride along the Swan River, enjoy local sports across the street at Richardson Park, or simply lounge on the third-floor deck to take in the views from the foreshore.&nbsp;

The Royal Perth Golf Club, <a href="/new-apartments/south-perth-wa-6151">South Perth</a> Bowling Club, Collier Park Golf Course, <a href="/new-apartments/south-perth-wa-6151">South Perth</a> Tennis Centre and South of <a href="/new-apartments/perth-wa">Perth</a> Yacht Club are within a ten-minute car ride from home.

Residents will find it easy to fill their weekends with good coffee with friends at the Mends Street coffee strip or a shopping spree at the South Shore Shopping Centre.&nbsp;

[smartcode_project:default project_id=7809 project_image_fid=230555]

Meanwhile, families with young children can enjoy their weekend afternoons at the 17-hectare <a href="/new-apartments/perth-wa">Perth</a> Zoo, with more than 1,400 animals representing 169 species to visit and study up close.

<a href="/buildings/one-richardson-1-richardson-street-south-perth">One Richardson</a> is less than three kilometres from Curtin University and the University of Western Australia.

Currently under construction with an expected completion date in mid-2024, <a href="/buildings/one-richardson-1-richardson-street-south-perth">One Richardson</a> qualifies for the new WA Stamp Duty Concession, offering a 75% reduction in stamp duty costs, capped at $50,000 during the construction phase.

[smartcode_project_cta:default project_id=7809]

Centrally located on the corner of Richardson Street and Melville Parade, One Richardson will be an excellently connected development to access the best of South Perth's offerings.

Unobstructed park and Swan River views from South Perth's latest apartment development, One Richardson

Western Australia has become the epicentre of property investing in Australia.

That's the view of&nbsp;Mike Mortlock, managing director of MCG Quantity Surveyors, who has seen remote investing accelerate in 2023, namely due to the significant investment made in the Western Australian property market.

The company’s latest analysis of their client data showed the average distance between where landlords live and where they invest has reached a staggering 1502 kilometres to date in 2023.

“This is a substantial uptick on last year’s result and shows that buyers are incredibly mobile when it comes to securing a desirable property investment," Mortlock says.

This year’s outcome is a near doubling of the same analysis in 2022 which showed an average of 857 kilometres between a landlord’s home and investment.

It’s been an ongoing theme according to the numbers. To the end of 2021, the distance was 559 kilometres. Before that in pre-pandemic times, the remote investing distance was 294 kilometres to January 2020.

Mortlock says WA is now considered among the nation's most investor-friendly jurisdictions.

"There's little doubt its popularity with real estate buyers from the east coast has increased the gap between home and investment," Mortlock says.

“Western Australia, and more specifically Perth, has seen a substantial uptick in investor participation. Price is a factor as some big capital city markets are now beyond the reach of everyday buyers. Our analysis shows the average price an investor pays for a property is approximately $615,000. That amount will go a lot further in Perth than it will in Sydney or Melbourne."

That investor interest is only likely to be heightened by the announcement of <a href="/new-townhouses/burswood-point-saintly-entrance-burswood">Burswood Point</a>, the $3.8 billion masterplanned <a href="/new-apartments/burswood-wa-6100">Burswood</a> precinct by developer Golden Sedayu.

[smartcode_project:default project_id=142314 project_image_fid=228355]

The mega project, which will transform the peninsula with 4,500 homes and apartments as well as office and retail space, is expected to be a hit with both local, interstate, and overseas investors who are looking to take advantage of the rarity of such a project at its earliest stage.

The project is set to inject more than $10 billion into the state’s economy and generate 25,700 West Australian jobs over the next 10 years.

[smartcode_project:default project_id=142314 project_image_fid=228353]

Managing Director of Golden Sedayu Andrew Sugiaputra said after years of careful planning, he was thrilled to reveal their vision for this city-defining project.

“At 38 hectares, <a href="/new-townhouses/burswood-point-saintly-entrance-burswood">Burswood Point </a>is one of the largest urban development projects ever undertaken in Australia, and certainly the most ambitious mixed-use redevelopment currently underway in Perth,” Sugiaputra said.

“With its dress circle position across from the Perth CBD, Burswood Point is set to become a destination in its own right – home to a range of premium tourism and recreational facilities, including markets, riverside parks, a shopping centre and luxury hotel."

Golden Sedayu are currently taking early enquiry on the project, which will see the first homes and apartments go on sale early next year.

[smartcode_project_cta:default project_id=142314]

Investor interest is only likely to be heightened by the announcement of Burswood Point, the $3.8 billion masterplanned precinct by developer Golden Sedayu

Western Australia: The epicentre of property investing in Australia

DevelopWise is bringing an elevated level of contemporary living to one of Perth’s most coveted locales.&nbsp;

Oasis will consist of 49 house-sized luxury apartments at 9 Wren St, a few streets back from The Esplanade Jetty and the Swan River. The project comprises one, two, three and four-bedroom apartments starting from $650,000.

Inspired by the organic forms of Swan River and Western Australia’s rock formations, the curved facade adds depth, dimension, and a sense of rhythm to the existing streetscape. Cascading greenery over outdoor living spaces becomes an extension of the built form, softening the structure.

<img alt="Oasis Mt Pleasant" data-entity-type="file" data-entity-uuid="e1e96116-c5e2-4f25-8d81-7578c2a0f1a4" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-11-20%20at%205.09.32%20pm.png?VersionId=ZUi_vONqWuEzQ7VNNambw57gdtTfHRe_" />

A light well, layered with landscaping on each floor, channels natural light into the lobby. Bespoke arched windows, sculptured artworks, and canopied trees at the entrance evoke a 'coming home' feeling.

The sculptural and spacious design aesthetic of Oasis' exterior resonates with the interiors. Starting with the entry credenza that seamlessly integrates with the apartment's joinery, offering ample storage and display space for knick-knacks and collections.

Full-height windows and sliding doors connect generous, open living areas to expansive balconies—framing panoramic river views and bringing abundant natural light.

<img alt="Oasis Mt Pleasant" data-entity-type="file" data-entity-uuid="615a6302-f978-4b1c-8c47-a79486c50d34" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-11-20%20at%205.09.49%20pm.png?VersionId=82vfwZ2RjVS5QNqjn0jk9s0w4ls0cC.o" />

Kitchens are customisable with two joinery schemes and a curated selection of luxurious upgrades.

The private study, adorned with drapery and elegant shelving, provides an inspiring work-from-home space.

Anticipating intuitive living and encouraging interaction among residents, the communal amenities in Oasis were designed to cultivate health and well-being whilst adopting an environmentally sustainable ethos.

The rooftop swimming pool has sweeping views of the city and over the river.

<img alt="Oasis" data-entity-type="file" data-entity-uuid="4cb26440-2398-4fcd-8248-ca229e4963f8" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-11-20%20at%205.12.50%20pm.png?VersionId=iIB1SxmiHb.QCyyjxqX3U7YPEKM8aeNh" />

Whether hosting a champagne celebration with canapés or cooking up a weekend storm, there’s a wealth of appliances and storage to cater to every resident gathering in the fully-equipped lounge.

Exercising is at a moment's notice with a well-appointed gym in the building, featuring state-of-the-art training equipment and tailored amenities for yoga and pilates workouts.

Manicured gardens intertwine with ample dining spaces, and river and city skyline views create an idyllic backdrop for gatherings at the rooftop garden and dining area.

Mount Pleasant riverside town offers Oasis residents proximity to the CBD, evergreen reserves, manicured parklands, and endless indulgent eateries.

Oasis will commence construction in early 2024.

[smartcode_project_cta:default project_id=142748]

Inspired by the organic forms of Swan River and Western Australia’s rock formations, the curved facade adds depth, dimension, and a sense of rhythm to the existing streetscape

Oasis Mount Pleasant: DevelopWise to bring architectural apartments to Perth's Mount Pleasant

Nestled amidst the tranquility of its surroundings, Chapel Hill, <a href="/new-apartments/como-wa-6152">Como's newest vibrant community</a>, is redefining the art of holistic living.

Developer Baptist Development Australia recently&nbsp;released stage one of the two-building project, <a href="/new-apartments/chapel-hill-stage-1-the-promontory-469-471-canning-highway-como">The Promontory</a>,&nbsp;which comprises 87 one, two and three-bedroom apartments.

Crafted as a building which focuses on the wellbeing of mind, body, and spirit, <a href="/new-apartments/chapel-hill-stage-1-the-promontory-469-471-canning-highway-como">The Promontory</a> offers a unique blend of amenities that seamlessly blend into the fabric of a thriving neighbourhood.

Every communal space has been designed to be an extension of the apartments, whether its finding wellness in nurturing a garden, or seeking a spot to indulge in a good book or meditate, <a href="/new-apartments/chapel-hill-stage-1-the-promontory-469-471-canning-highway-como">The Promontory</a> caters for a wide variety of lifestyles.

&nbsp;

<h3>The Community Kitchen Garden</h3>

For those with a green thumb, the Community Kitchen Garden is a sanctuary, offering an opportunity to grow and harvest fresh produce in a communal backyard.

[smartcode_project:default project_id=141847 project_image_fid=221693]

Beyond gardening, the vibrant space serves as a hub for forming connections, sharing gardening tips, and exchanging recipes with neighbours. It's also a spot for meditation, book reading, or simply basking in the serenity of nature.

<h3>The Coffee Deck</h3>

A cup of coffee shared with friends or a borrowed book from the community library finds a perfect home on the Coffee Deck.

[smartcode_project:default project_id=141847 project_image_fid=221689]

The deck provides views of lush greenery and the tree-lined Robert Street below, with the space ideal for quiet personal time, socialising with friends, or hosting community coffee mornings and brunches.&nbsp;

<h3>The Rooftop</h3>

Perched like an urban oasis, The Rooftop is where residents can entertain friends and family or unwind amongst the fresh air. With a number of seating options and alfresco dining furniture, the space seamlessly extends the living areas of the apartments at <a href="/new-apartments/chapel-hill-stage-1-the-promontory-469-471-canning-highway-como">The Promontory</a>.

&nbsp;

[smartcode_project:default project_id=141847 project_image_fid=221691]

Complete with barbecue facilities and a fire table, The Rooftop is the perfect space to take in the far-reaching views of the surrounding Swan RIver.&nbsp;

<h3>The Body Space</h3>

Whether a residents wellness journey involves Pilates, strength training, or meditation, The Body Space is a sanctuary designed to pamper the senses and inspire a commitment to healthy living and happiness.

[smartcode_project:default project_id=141847 project_image_fid=221690]

Amidst lush greenery and natural colours and materials, the outdoor workout and meditation sanctuary encourages social interaction while also providing a peaceful nook for meditation. It's a place where residents can embrace fitness goals without the need for extensive travel.

c[smartcode_project_cta:default project_id=141847]

Crafted as a building which focuses on the wellbeing of mind, body, and spirit, The Promontory offers a unique blend of amenities that seamlessly blend into the fabric of a thriving neighbourhood


A wellness oasis redefining community living: Inside Como's latest apartment building, The Promontory

Not often does a boutique 13-level building come to South Perth.

Developer Devwest will have one of the only mid-rise buildings in the area when they complete One Richardson in mid-2024.

The Richardson Street project, designed by MJA Studio, will comprise 75 one, two and three-bedroom apartments, and a handful of two-level penthouses. Over 70 per cent of the apartments have already been snapped up.

Not only is it a rare offering given its size, it's also the location that makes One Richardson stand out. The project&nbsp;fronts an expansive public open space, offering a unique blend of park-facing apartments and unobstructed river views - a rare feature typically associated with high-rise developments.

[smartcode_project:default project_id=7809 project_image_fid=203876]

Positioned above a ground-floor cafe and a welcoming resident's lobby, each apartment has been thoughtfully designed to cater to various lifestyles and buyer preferences.

Every apartment features open-plan living spaces that optimise natural light, accompanied by spacious balconies that offer a vantage point for taking in the surrounding views.&nbsp;

The kitchen features quality appliances, ample countertop space, soft-close doors, and other practical details.&nbsp;

Designer bathrooms are appointed with quality finishes, fostering a relaxing atmosphere.

[smartcode_project:default project_id=7809 project_image_fid=230555]

Conveniently located at the intersection of Richardson Street and Melville Parade, One Richardson provides sweeping views of the Swan River from the spacious residents-only lounge deck on the third floor, with barbecue facilities and lush landscaping.

The development is equipped with an on-site solar PV system, communal EV charging bays within the car park, EV-ready infrastructure with options to purchase a private EV charger, super-fast broadband, and discounted electricity.

Buyers at One Richardson currently qualify for the new WAStamp Duty Concession, offering up to a 75% reduction in stamp duty costs, capped at $50,000* during the construction phase.

[smartcode_project_cta:default project_id=7809]

Developer Devwest will have one of the only mid-rise buildings in the area when they complete One Richardson in mid-2024

mikah.m@urban.com.au

Devwest to bring rare boutique apartment building to South Perth

Perth-based developer Golden Sedayu has revealed its ambitious plans for the highly anticipated multi-billion-dollar transformation of Burswood Point.

The $3.8 billion dollar mega project will transform the peninsula with 4,500 residential apartments as well as office and retail space.

The project is set to inject more than $10 billion into the state’s economy and generate 25,700 West Australian jobs over the next 10 years.

[smartcode_project:default project_id=142314 project_image_fid=228352]

Managing Director of Golden Sedayu Andrew Sugiaputra said after years of careful planning, he was thrilled to reveal their vision for this city-defining project.

“At 38 hectares, Burswood Point is one of the largest urban development projects ever undertaken in Australia, and certainly the most ambitious mixed-use redevelopment currently underway in Perth,” Sugiaputra said.

“With its dress circle position across from the Perth CBD, Burswood Point is set to become a destination in its own right – home to a range of premium tourism and recreational facilities, including markets, riverside parks, a shopping centre and luxury hotel."

[smartcode_project:default project_id=142314 project_image_fid=228355]

Golden Sedayu, a partnership between Perth’s Golden Group and one of Indonesia’s largest property corporations Agung Sedayu, has also allowed for 110,000 sqm of public open space, larger than Langley Park. The project has over 2.5 kilometres of Swan River foreshore.

“Our plans include the delivery of a range of parklands, beaches, playgrounds, and active recreation spaces that will be made available to the en-re community."

Golden Sedayu has already completed $80 million in siteworks including access roads, water works and sewer pump station, bulk earthworks importing more than 300,000 sqn of sand, road works, and a new bridge connecting Victoria Park Drive into Burswood Point.

“Over the past few years, we have been busy preparing the site, building infrastructure and finalising our plans in conjunction with the State Government and the Town of Victoria Park,” Sugiaputra added.

“Approvals have already been secured for the precinct plan and for construction of 74 luxury riverside homes."

[smartcode_project:default project_id=142314 project_image_fid=228353]

Already lodged with council are development applications for two premium apartment towers with 206 apartments and four retail tenancies on the north of the site. Another application for two more towers due to be lodged later this month.

“The sheer size of Burswood Point means this development will take more than a decade to deliver in full.”

The first homes and apartments will go on sale early in 2024, with the remainder of the Burswood Point development released as approvals are granted.

[smartcode_project_cta:default project_id=142314]

The $3.8 billion dollar mega project will transform the peninsula with 4,500 residential apartments as well as office and retail space

Golden Sedayu reveal $3.8 billion Burswood Point masterplan on Perth's 

Baptist Development Australia has launched the first stage of its much anticipated new apartment development in Como.

Chapel Hill, between Neil McDougall Park and the Swan River, will comprise 224 apartments across two buildings, as well as an activated ground plane with retail and food and beverage tenancies.

The first stage release is of the first building, Promontory Apartments, which has 87 one, two and three-bedroom apartments across 10 levels.

[smartcode_project:default project_id=141847 project_image_fid=221693]

The collection of apartments have been designed with an Art Deco influence, configured to maximise internal space, while creating a seamless flow between indoor and outdoor areas.&nbsp;

Chapel Hill has also been designed as an&nbsp;environmentally sustainable development, resulting in cheaper energy and water bills, making the homes more affordable to run.

[smartcode_project:default project_id=141847 project_image_fid=221680]

&nbsp;

Como's&nbsp;core values revolve around inclusiveness, wellness, and fostering a sense of belonging for residents. As such, the developers have created an array of wellness spaces that serve as an extensions of the homes at Chapel Hill. There'll be a community garden, along with a coffee deck, rooftop, and body space.

Given the apartments have just been released, buyers have the opportunity to purchase with a full 100 per cent stamp duty concessions, capped at $50,000. The stamp duty concessions are only in place until construction starts, which is expected to be early to mid-2024.

[smartcode_project:default project_id=141847 project_image_fid=221683] 
 
Strategically located to provide panoramic views across the Swan and Canning Rivers, Chapel Hill will embody its location.&nbsp;Marrying modern, spacious homes with a vibrant, inclusive community, residents will have a constant reminder of their natural surroundings no matter where they're located within the entire precinct.&nbsp;

&nbsp;

Chapel Hill also benefits from its convenient location. Situated near Waterford Plaza and a host of other shopping centres, residents will have access to a vibrant blend of dining and retail options. And with Canning Bridge Station just down the road, commuting to Perth CBD is a breeze.

[smartcode_project_cta:default project_id=141847]

The first stage release is of the first building, Promontory Apartments, which has 87 one, two and three-bedroom apartments across 10 levels

Chapel Hill's first stage apartments launch in Perth's Como

Forbes Residences, the luxury Applecross apartment development by Perth developer Mustera Property Group, is continuing to take shape.

Located on the corner of Forbes and Kishorn Streets, Forbes Residences is a boutique development of just 34 three and four-bedroom residences.

Mustera Property Group engaged the Singapore based architecture firm WOHA to design the residences. WOHA Co-founder and lead architect, Richard Hassell, was born in Perth.

Forbes Residences presents as four organically shaped towers, connected via a series of sky gardens. Fresh air and light weave throughout every level, creating naturally lit and ventilated lift lobbies.

[smartcode_project:default project_id=93814 project_image_fid=192100]

Residents can find an array of dining, entertainment and boutique shopping options on Ardross Street and Kintail Road, nearby to the South of Perth Yacht Club, Applecross foreshore, Applecross Tennis Club and an abundance of walking and cycling paths.

When the Jacarandas are in bloom, the building will be covered in a canopy of vibrant purple flowers. The leafy greenery that characterises Applecross will flow seamlessly through the building via a series of sky gardens and vertical trellises.

“We sought to express the building as a landscape, with residences akin to villas within that landscape, and a façade inspired by limestone formations around the swan river,” said Hassell.

&nbsp;

[smartcode_project:default project_id=93814 project_image_fid=193388]

An elegant entrance sets the tone for the shared spaces throughout the building. Bold finishes and premium materials reflect the integrity of the design vision, with every space radiating light and luxury and a style that is unique to Forbes.

With dual aspects, cross flow ventilation and only four dwellings per floor, residents are afforded a level of privacy on par with the area’s most luxurious homes.

Collaborating with WOHA is acclaimed local studio MJA. The MJA team has challenged typical design constraints to create a collection of expansive residences that radiate light and luxury.

With four considered design schemes for residences, MJA’s Be Bold, Be Brave, Be Careful or Be Graceful options create a unique finish across each residence, featuring rich timbers, dramatic black marble, charcoal-hued cabinetry, tiles and fixtures.

&nbsp;

[smartcode_project:default project_id=93814 project_image_fid=193527]

Each residence comes fully equipped with kitchen appliances, including fridge and freezer, induction cooktop, built-in rangehood, as well as being fitted out with custom cabinetry.

“We set about to defy the limitations of apartment living, placing lifestyle at the forefront of our design brief,” said Nick Zborowski, Mustera Property Group’s Director.

The shared spaces within Forbes Residences are comparable to a luxe private club or exclusive resort. The podium, overflowing with lush landscaping, features an infinity edge pool that appears to flow seamlessly into the river, and a barbecue deck for alfresco entertaining. Inside amenity include a private gym, a residents’ lounge, dining room and aperitif bar.

Construction is estimated to be complete by late 2023.

[smartcode_project_cta: project_id=93814]

Mustera Property Group engaged WOHA in the design of the residences, with the internationally renowned, award- winning architectural firm an important connection to Perth through lead project architect and co-founder of the firm, Richard Hassell.

Forbes Residences starts to take shape in Perth's Applecross

Its never been more important to create a USP when designing an apartment development.

Blueways Group decided their main USP for Rivean would be the extensive amenity inside and out of the <a href="/new-apartments/nedlands-wa-6009">Nedlands apartment development</a>.

A large section&nbsp;of Rivean has been devoted to outdoor communal space, including a barbecue area and a separate kitchen and dining area. Framed by established trees and featuring a range of native plants and paved areas, the outdoor spaces provide a breath of fresh air with a sense of privacy.

[smartcode_project:default project_id=95299 project_image_fid=178816]

The communal kitchen and dining facilities at Rivean are the ideal place to hold events or get to know other residents, while&nbsp;additional BBQ facilities and alfresco seating also provide the perfect setting to enjoy the balmy summer nights.

A&nbsp;healthy, active lifestyle starts at home at Rivean. In the ground floor gym, you’ll find all the latest equipment and workout space you need, together with bathroom facilities for added convenience between sessions. Plus, if you choose to get around by bike, the downstairs storage area offers secure parking for peace of mind, with 16 bike racks available.

[smartcode_project:default project_id=95299 project_image_fid=178815]

As its name suggests, Rivean has a close affinity with nature, with its exterior design continuing this connection through a carefully selected blend of raw and natural materials.

The feature cedar wood columns and adjustable louvres provide an arresting contrast against the limestone walls and concrete planters, while the cool white finish creates a crisp and clean finishing touch.

Architecture firm Giorgi Architects said on the design that Rivean draws on local historical materials and innovative design techniques to spark a revitalisation of the surrounding community.

"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."

[smartcode_project:default project_id=95299 project_image_fid=178799]

With its feature ceiling and mixture of raw materials, the lobby makes a winning first impression.

Surrounded by considered landscaping and opening up into a large communal area, it offers a spacious and eye-catching entry statement that sets the tone of Rivean from the very start.

[smartcode_project_cta: project_id=95299]

A large section of Rivean has been devoted to communal space and amenity

Rivean Nedlands hooks apartment buyers with amenity-rich features 

Megara, one of Western Australia's leading boutique developers, has embraced the unique interplay of an industrial design aesthetic with an urban village vibe in one of their latest residential offerings, <a href="/buildings/the-foundry-636-newcastle-street-leederville">The Foundry</a>.&nbsp;

The collection of just 30 apartments, above commercial and retail spaces fronting Newcastle Street, gives residents the opportunity to explore mural-lined streets and immerse themselves in Oxford Street’s vibrant culture in the eclectic, pulsing neighbourhood that is Leederville.

The Foundry experience begins right at the doorstep, with an activated ground floor offering the perfect setting for shopping or relaxed brunches with friends. As residents return home, they are greeted by a three-level-high mural, a visual embodiment of the area's vibrant spirit, while at the entrance, a well-established tree stands as a verdant oasis amidst the dynamic foot traffic of Newcastle Street.

[smartcode_project:default project_id=25568 project_image_fid=71260]

Strategically situated less than three kilometres away from the bustling heart of Perth CBD, The Foundry ensures that its residents enjoy the best of both worlds - a dynamic daytime experience and a vibrant nightlife.

Whether it's getting lost amidst the captivating street art or indulging in the diverse culinary scene, the neighbourhood offers entertainment and recreational avenues for every taste. The convenience of a single train journey places the CBD and its myriad attractions within easy reach.

Maine Architecture were tasked with designing the building, with their innovative exterior design capturing the essence of Leederville's history and culture. The façade stands as a bold statement, weaving together an array of materials and textures that pay homage to the area's industrial roots.

Privacy finds its form in semi-frameless glass balustrades, while the play of louvered screening and stainless-steel wire trellises with cascading greenery adds a touch of nature's elegance.

[smartcode_project:default project_id=25568 project_image_fid=152839]

Inside the apartments, form and functionality are at the forefront of the design. The kitchens boast light or dark oak cabinetry, complemented by stone benchtops, intricate splashback tiling, and top-of-the-line Smeg appliances. The bedrooms, adorned with plush light or dark twist pile carpets and full-height robes, extend seamlessly to private balconies that offer sweeping views of the surroundings.

Two and three-bedroom floorplans are still available in the completed development, with prices starting from&nbsp;$749,000.

[smartcode_project_cta:default project_id=25568]

Latest Western Australia Property News

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

Editor's Picks

Developments

New apartments

New townhouses

News

Latest Western Australia Property News

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

Editor's Picks

Receive the latest news stories to your inbox

Developments

New apartments

New townhouses

News