<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.

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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.

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<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.

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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

The Towers at Elizabeth Quay, Perth's most coveted waterfront address, is giving buyers a chance to turn their rent payments into an investment towards owning an apartment.

For a limited-time rent-to-buy option,&nbsp;Far East Consortium are allowing tenants to put up to their first year's rent towards the purchase price, provided settlement occurs within two years from the lease commencement.

Nestled in the heart of Elizabeth Quay, The Towers offer a unique living experience, where luxury meets convenience. Boasting views of the Swan River in every direction, residents can revel in the beauty of their surroundings, whether facing east, west, or south.

[smartcode_project:default project_id=7854 project_image_fid=85814]

The opportunity to convert rent into equity sets The Towers apart from traditional rental offerings. By allocating a portion of their rental payments towards the purchase price, tenants have the chance to secure a stake in one of Perth's most enviable riverside locations, offering a pathway to homeownership within a two-year timeframe from the start of the lease.

The Towers, situated in Elizabeth Quay, Perth's most prestigious precinct, redefine the concept of spectacular living. With its affiliation with The Ritz-Carlton hotel, the development exudes elegance and sophistication.&nbsp;

The Towers is positioned along the waterfront of Perth's most premium locale, is in close proximity to Perth's best restaurants, bars, cafes, entertainment venues, art galleries, theatres, museums, shopping malls, medical centres, and universities.

[smartcode_project:default project_id=7854 project_image_fid=85809]

The residential complex features a secure intercom system, gated car park, CCTV surveillance, and a dedicated concierge team at the residents' lobby, with a mix of two and three-bedroom apartments remaining.&nbsp;

Internally the floor-to-ceiling glass façades allow for panoramic views from the living areas, while winter gardens create seamless indoor-outdoor living throughout the year.

With fingertip-controlled automation, large windows open effortlessly, inviting the outside in, with the apartments also featuring fully integrated European appliances, including gas cooktops, and boast exceptional tiling, carpeting, fittings, and fixtures.

[smartcode_project_cta:default project_id=7854]

Far East Consortium are allowing tenants to put up to their first year's rent towards the purchase price, provided settlement occurs within two years from the lease commencement.

Rent-to-buy option opens doors to luxury living at The Towers at Elizabeth Quay

Perth's prestigious Applecross neighbourhood is in the midst of witnessing the rise of a new icon of luxury living.

Award-winning apartment developer Edge has begun construction on Rivière Residences, with the prime waterfront site set to offer views of the Swan River, Perth City, Kings Park, and the Darling Scarp.

Designed by Hillam Architects, Riviere will deliver a collection of one, two and three-bedroom apartments, along with an array of sub-penthouses and two-storey penthouses.&nbsp;

[smartcode_project:default project_id=28384 project_image_fid=178835]

The residences feature soaring ceilings and full-height double-glazed windows, framing the picturesque views while also flooding the interiors with natural light.

Across the podium level, residents will benefit from a number of luxurious amenities, including a 25-metre heated infinity pool, along with a residents' lounge and dining areas, a climate-controlled wine cellar and tasting room, whiskey den and a library.&nbsp;

There'll also be a sauna and steam room, as well as a gold class-style cinema, state-of-the-art gym and health club, and a five-star games room.&nbsp;

[smartcode_project:default project_id=28384 project_image_fid=178848]

The project also features publicly accessible restaurants, wine bars, and a community hub at street level, which is expected to become a popular destination for residents and visitors alike.

Aside from its luxurious offerings, Rivière Residences benefits from its proximity to established neighbourhood conveniences, community sporting facilities, public transport networks, and freeway connections.

Prices start from $640,000, with completion of the project slated for September 2024.

[smartcode_project_cta:default project_id=28384]

Designed by Hillam Architects, Riviere will deliver a collection of one, two and three-bedroom apartments, along with an array of sub-penthouses and two-storey penthouses

Construction underway at Edge Visionary's Riviere Residences in Applecross

With its central location, diverse community, abundance of amenities, and transport links, East Victoria Park has established itself as a vibrant and desirable suburb in Perth.

Now the sought-after suburb is set to welcome the latest addition to its apartment landscape, with Perth-based construction and development firm JCM set to complete construction on the project this month.&nbsp;

Set around a lush, open-air atrium, The Brixton will feature just 36 apartments across four levels, with the first buyers expected to move into the development in July.&nbsp;

[smartcode_project:default project_id=22021 project_image_fid=213569]

The development, just&nbsp;five kilometres from the Perth CBD, has been popular among buyers, with all the three-bedroom floorpans sold out and only a limited collection of one and two-bedroom apartments remaining.&nbsp;

The one-bedroom apartments have been designed to offer considerably more space than any other neighbouring project. They have 75 sqm of internal living area, and are priced from $520,000.

The two-bedroom apartments start from $690,000 and have 99 sqm of living area.

[smartcode_project:default project_id=22021 project_image_fid=213570]

The Brixton is tucked away behind shady trees on a quiet residential street.

Designed by MJA, The Brixton’s white and charcoal facade is complemented by vertical greenery, glass balustrades, perforated screens and warm red brickwork, while internally the apartments follow a clever design which incorporates well-appointed kitchens, open plan living areas, large master bedrooms and intelligent storage solutions.&nbsp;

The light-filled apartments also benefit from generously proportioned balconies or courtyards, which provide views to the verdant surrounds of the inner city locale.&nbsp;

[smartcode_project:default project_id=22021 project_image_fid=213566]

However you choose to travel, the Brixton makes getting around easy. It’s just minutes from convenient public transport, major road links and an extensive network of walkways and cycle paths, with more on the way.

There’s a plethora of local pubs and restaurants nearby, while a quick train trip is all it takes to get to Crown Entertainment Complex, Optus Stadium, NIB Stadium or Northbridge.&nbsp;

If you’re in the need for some retail therapy, it’s only a short drive to the major shopping precincts of Perth, with Belmont Forum and the recently upgraded Westfield Carousel nearby.&nbsp;

[smartcode_project_cta:default project_id=22021]

The development, just five kilometres from the Perth CBD, has been popular among buyers, with all the three-bedroom floorpans sold out and only a limited collection of one and two-bedroom apartments remaining. 

Limited opportunities remain at East Victoria Park apartments, The Brixton

Rivean Residences, the owner-occupier targeted boutique development in Perth's Nedlands, is expected to be welcoming it's new residents by Christmas.

Boasting a prime location, the collection of just 29 apartments offers a host of resident amenity, Swan River and the city skyline views, and an unrivalled location just a street back from the water and JH Abrams Reserve.

[smartcode_project:default project_id=95299 project_image_fid=178800]

The ideal location also places Rivean within the catchment area of several prestigious schools, making it an appealing choice for families seeking quality education for their children.

With a smaller, private boutique design by&nbsp;Giorgi Studio, the residences incorporate expanses of natural light, along with cross ventilation, coupled with superior glazing and acoustics, which not only maximises the river and city views, but also minimises any external noise disturbances.

The spacious two and three-bedroom residences offer generous living areas that provide an open and inviting space to unwind, entertain guests, or simply enjoy the daily rhythm of life, with select apartments featuring expansive balconies and terraces, affording residents sweeping vistas from the Perth CBD to the Swan River.

[smartcode_project:default project_id=95299 project_image_fid=178801]

Rivean's commitment to fostering a sense of community is exemplified by the inclusion of a large residents' lounge, complete with indoor and outdoor areas, while there's also a fully-equipped gym and an on-site business hub.&nbsp;

Developed by an award-winning developer with a proven track record of delivering high-quality projects, Rivean is poised to become a benchmark for luxury living in the region. Its close proximity to Matilda Bay Reserve and Swan River ensures that residents have easy access to a myriad of leisure activities and natural beauty.

The spacious two-bedroom apartments span from 122 sqm through to 158 sqm and have prices starting from&nbsp;$1,349,000.

The three-bedders span from 162 sqm through to 177 sqm and are priced from $1,599,000.

[smartcode_project_cta:default project_id=95299]

Boasting a prime location, the collection of just 29 apartments offers a host of resident amenity, Swan River and the city skyline views, and an unrivalled location just a street back from the water and JH Abrams Reserve

Rivean Residences set to welcome buyers by Christmas 

Iris Residential's Shenton Quarter, the latest residential development project in Perth's Shenton Park, has become the talk of the town with its prime location in one of the Western Australia capital's most sought-after suburbs.

Offering easy access to the city's top-rated schools, public transport, bustling lifestyle, supermarkets, entertainment hubs, and medical facilities, the development is attracting the attention of potential buyers who prioritise convenience and accessibility.

According to recent reports, Shenton Park has been crowned as the most coveted suburb for three consecutive years. The area boasts of the lowest median days to sell, which signals a sound investment opportunity for those looking to invest in the real estate market.

[smartcode_project:default project_id=26734 project_image_fid=153720]

Located just six kilometres from the Perth CBD, residents of Shenton Quarter have a plethora of convenient amenity on their doorstep.&nbsp;

Within 500 metres of the site, residents will have access to Shenton College and Shenton Park, along with the Shenton Park Train Station.&nbsp;&nbsp;

The well connected suburb offers a range of transportation options, including trains, buses, and cycling paths, while it's also near to the Mitchell Freeway, which makes it easy to travel to other parts of Perth and beyond.&nbsp;

At Shenton Quarter, the ultimate in 21st century convenience can be enjoyed, with the new shared pedestrian-car laneway lined with cafes and alfresco dining.&nbsp;

Across the ground floor of Shenton Quarter there's also a Coles supermarket, along with a range of specialist boutiques, pharmacy and commercial tenancies, meaning you don't ever even need to leave the building for everyday amenities.&nbsp;

[smartcode_project:default project_id=26734 project_image_fid=153700]

There's a range of recreational pursuits surrounding Shenton Quarter, which also make it an attractive place to live.&nbsp;

Shenton Park is home to several parks and nature reserves, including Lake Jualbup, which is just over 500 metres away, and Kings Park, with the green spaces providing opportunities for walking, running, cycling, picnicking, and other outdoor activities.&nbsp;

There's also a tennis club, a golf course, and a cricket club within five kilometres from the project, in addition to several galleries, theatres, and music venues in the area.&nbsp;

[smartcode_project_cta:default project_id=26734]

According to recent reports, Shenton Park has been crowned as the most coveted suburb for three consecutive years

Shenton Quarter delivers the ultimate in convenience 

Serai, the new North Fremantle apartment development by Megara, is set to offer it's future residents extensive amenity within arms reach of their new home.

The McCabe Street project of 99 apartments and townhouses will almost certainly attract the recreational unit dweller, given its prime position just a few streets back from the water.

A short trip down the Stirling Highway will take residents to the heart of the Fremantle retail and dining precinct, which will pique the interests of first home buyers or young families.

Even closer to home, the ground level of Serai will home a cafe set in landscaped gardens and an activated ground plane.

[smartcode_project:default project_id=110291 project_image_fid=186209]

Serai has a mix of one, two, three and four-bedroom apartments on offer, which start from $595,000 for the generously sized, 76 sqm one-bed units.

Felipe Soto, an award-winning architect celebrated for his innovative designs, has crafted Serai to harmoniously blend coastal and riverside living.

Each residence has been designed to capture the essence of its surroundings, with floor-to-ceiling windows that invite the coastal landscape in.

[smartcode_project:default project_id=110291 project_image_fid=186197]

Residents will be at home a suite of resort-style amenities,&nbsp;including watercraft storage facilities, as well as boat and pet washdown areas.&nbsp;

Serai not only focuses on aesthetics and comfort but also places a strong emphasis on sustainability. With an average 7-star NatHERS energy rating, the residences have been designed to be energy-efficient and environmentally friendly. The incorporation of double-glazed floor-to-ceiling windows ensures a peaceful living environment while also providing insulation and reducing energy consumption.

The interiors of Serai are a testament to the developers' commitment to luxury and elegance. Each residence features quality V-ZUG Appliances, LAUFEN basins and baths, and Australian-made precision Sussex tapware.&nbsp;

[smartcode_project:default project_id=110291 project_image_fid=186200]

All of the resident amenity, including the infinity pool, gym, with sauna and yoga studio, and an outdoor cinema, all have views. There's also a games room with pool and poker tables.

Buyers will have the opportunity to choose from three unique colour schemes, allowing them to personalise their living spaces, with a variety of options ensuring every residence can be unique.

[smartcode_project_cta:default project_id=110291]

The McCabe Street project of 99 apartments and townhouses will almost certainly attract the recreational unit dweller, given its prime position just a few streets back from the water

Serai: Riverside living at its finest in North Fremantle

The Perth unit market has been incredibly resilient during the year long, seemingly nationwide downturn, triggered by the RBA's aggressive interest rate hikes.

The latest Home Value Index produced by CoreLogic showed unit values in the WA capital have actually shown modest growth over the last 12 months (+0.1 per cent).

It's one of just three unit markets, (Adelaide +8.8 percent, Brisbane +1.5 per cent), to see growth over the 12 months to May. Sydney saw declines of -7.2 per cent and Melbourne -5.8 per cent.

The national median unit value in Perth is now $409,000, according to CoreLogic, nearly $200,000 less than the median house price in Perth.

Migration is forecasted to improve in Perth. An influx of migration, paired with the current difficulty for developers to get projects out of the ground, means supply levels for off the plan property are well below demand.

We've wrapped up a list of the best apartments currently selling across Perth.

<h2>Amara City Gardens 
Address: 171 Davy Street, Booragoon 
Developer: Iris Residential&nbsp;</h2>

Offering a ready-to-move-in option on the list, the $43 million Amara City Gardens is home to 124 apartments across 14 levels.&nbsp;

Located on the doorstep of Westfield Booragoon Shopping Centre, which has recently been green lit for expansion, all the one-bedroom floorplans in Amara have been sold, with a limited collection of two and three-bedroom apartments remaining.&nbsp;

[smartcode_project:default project_id=8266 project_image_fid=211898]

The two-bedroom apartments can be snapped up for&nbsp;$670,000, while the three-bedders are priced from&nbsp;$810,000.

Each apartment has been designed with spacious open-plan living and plenty of storage for the owner-occupier, with the apartments connecting to expansive balconies, with some even benefiting from city views.&nbsp;

[smartcode_project:default project_id=8266 project_image_fid=199958]

Wide picture windows with double glazing and high 2.7 metre ceilings give a sense of space and light, while engineered oak floorboards and 100 percent wool carpets add luxury and warmth.

Designed with the future in mind, Amara City Gardens achieves an average Nationwide House Energy Rating of seven stars, with initiatives including photovoltaic cells providing solar power to the common areas, boosted solar gas hot water systems, double glazed windows, a car-charging bay, designated car wash areas, secure bike racks, leafy, manicured gardens and creative artwork screens by award-winning local artist Anne Neil.

Residents also benefit a communal yoga deck, along with a wine cellar, dining pavilion, barbecue terrace, gym, sauna and a garden.&nbsp;

<h2>The Terraces 
Address:&nbsp;3 Shenton Road, Claremont 
Developer: Iris Residential</h2>

Due for completion later next year, The Terraces will home 137 apartments across eight-storeys, with a mix of one, two and three-bedroom floorplans on offer.&nbsp;

Located among the tree-lined streets and on the boundary of the historic Claremont Oval, The Terraces are at the heart of one of Perth’s most affluent and sought-after suburbs.

[smartcode_project:default project_id=111894 project_image_fid=190164]

Local construction group BGC are currently under way with building the $150 million development, which is the final addition to DevelopmentWA's sought-after Claremont on the Park precinct.&nbsp;

One-bedroom apartments are priced from&nbsp;$570,000, with the two-bedders from&nbsp;$715,000, and the three-bedders from $1.45 million.&nbsp;

Inspired by the terraced grandstands that grace the world’s most famous sporting grounds, The Terraces have been thoughtfully designed with owner-occupiers in mind, reaching new heights in sustainable living and design innovation.

[smartcode_project:default project_id=111894 project_image_fid=190165]

The Terraces will set a new benchmark for sustainable residential development in Australia, with the project achieving an industry-leading average 8.05-star Nationwide House Energy Rating Scheme (NatHERS) rating.

The highest-rated residences at the HASSELL-designed project reach 9.7 stars on the 10-star scale, which means those apartments are virtually self-lighting and self-climate controlled, while close to 30 per cent of the apartments at The Terraces will achieve a 9-star NatHERS rating.

Residents will also benefit from access to private onside amenity including two private landscaped podiums, a resident’s lounge and dining room, as well as a gym.

<h2>The Pearl 
Address:&nbsp;1-3 Lyall Street, South Perth 
Developer: Prosper Living</h2>

Still in the pre-construction phase, The Pearl is set to be perched between the river and the city.

Drawing inspiration from the nearby Swan River, the 26-storey tower will incorporate soft curves and a green spine, with a promise to deliver premium living spaces and resort-inspired amenities.

[smartcode_project:default project_id=9197 project_image_fid=203302]

With 137 one, two and three-bedroom apartments plus three four-bedroom skyhomes, the interiors of The Pearl focus on flexibility and function,&nbsp;with each cleverly orientated to allow for access to natural light and ventilation.

The one-bedders are priced from&nbsp;$566,000, with the two-bedders coming in at&nbsp;$988,000. The three-bedroom apartments are priced from&nbsp;$1.865 million, while the four-bedroom penthouses are priced from $5.94 million.&nbsp;&nbsp;

[smartcode_project:default project_id=9197 project_image_fid=203450]

The apartments adjoin to generously proportioned balconies, extending each living space, while also drawing in gentle breezes and far-reaching views.

Residents of The Pearl will also have access to an array of resort-inspired amenity within the tower, including a landscaped terrace which is complete with an infinity edge pool, a massage room, private seating alcoves, gardens, an outdoor dining area and barbecue facilities.&nbsp;

The tower also homes a gym, sauna, steam room, yoga deck, theatre, games room, resident's lounge and dining room, as well as a temperature-controlled wine room.&nbsp;

Construction of The Pearl is slated for completion by mid 2025.&nbsp;

<h2>Olive St 
Address:&nbsp;263 Hay Street, Subiaco 
Developer: Devwest</h2>

Construction has begun on the latest residences set for the leafy suburb of Subiaco.

Set across six-storeys, Olive St. will feature 71 apartments, with a mix of one, two and three-bedroom apartments, as well as commercial and retail space.

[smartcode_project:default project_id=106968 project_image_fid=210984]

Designed by the architects at MJA, the apartments are well-oriented, with natural light abounding, and a range of views to be enjoyed from different apartments, including city views and an outlook over Subiaco.

Each apartment is fitted with premium appliances, ample storage, and flow, as well as open-plan living spaces that connect to spacious terraces or balconies, allowing for seamless indoor and outdoor living.

[smartcode_project:default project_id=106968 project_image_fid=210985]

Olive St has also been cleverly designed to offer communal work from home facilities, complete with plenty of desk space, high-speed WiFi, booths for private calls, and a boardroom for client meetings.&nbsp;

The development will also feature leafy green outdoor spaces, a barbecue area, a residents' lounge, and even a fire pit.

The one-bedroom apartments are priced from&nbsp;$535,000, with the two-bedders beginning from&nbsp;$710,000, before topping out at $1.145 million for the three-bedroom offerings.&nbsp;

The latest Home Value Index produced by CoreLogic showed unit values in the WA capital have actually shown modest growth over the last 12 months (+0.1 per cent).

Perth's best off the plan apartment selling in May 2023

A new landmark development is taking shape in South Perth, offering not just a place to call home, but an iconic piece of architecture that blends elegantly with its surroundings.

Perched between the river and the city, The Pearl by Prosper Living, draws inspiration from the nearby Swan River, incorporating soft curves to create a unique residential tower that promises to deliver premium living spaces and resort-inspired amenities to its future residents.

Each apartment at The Pearl represents a harmony of comfort, flexibility and functionality, with fluid, organic floor plans and premium finishes designed to enhance everyday living.

[smartcode_project:default project_id=9197 project_image_fid=203301]

A mix of apartment types are on offer within the soaring tower, with the residences beginning on level four.

There's a range of one and two-bedroom options in the lower floor levels, with just eight residences across each.&nbsp;

Level 11 is where the three-bedroom apartment options begin, with these levels only featuring six apartments across each floor plate.&nbsp;Crowning The Pearl are the penthouse apartments, with just three four-bedroom residences on offer.&nbsp;

The one-bedders span from 69 sqm through to 99 sqm, with each offering one-bathroom and one car space, while the two-bedroom apartments begin from 122 sqm through to 148 sqm, with two-bathrooms and two car spaces.&nbsp;

The three-bedroom apartments offer even more generous living space, covering from 163 sqm to 180 sqm, with the four-bedroom penthouses that largest in the mix, with up to 272 sqm of living space.&nbsp;

[smartcode_project:default project_id=9197 project_image_fid=203306]

Residents of The Pearl have the opportunity to customise the interior of their apartments with a choice of three colour schemes, each one promoting a sense of understated style, elegance, and comfort.

Cleverly orientated to ensure that every apartment has access to natural light and ventilation, they also offer spacious balconies drawing in gentle breezes along with the far-reaching views.

The kitchens have been crafted to be the heart of the homes, while the bathrooms are functional and luxurious, with custom cabinetry, designer fittings and appliances, satin metal finishes, polished stone benchtops, and bespoke timber styling setting the bar for effortless contemporary elegance.

[smartcode_project_cta:default project_id=9197]

The Pearl: A new era in luxury living

Perth locals Devwest have commenced construction on their latest apartment development in the leafy suburb of Subiaco.

Set across six-storeys, Olive St. will feature 71 apartments, with a mix of one, two and three-bedroom apartments, as well as commercial and retail space.

The sought-after inner city address will connect residents to the best Perth has to offer, with shops, bars, restaurants and parks all nearby, not to mention the CBD and Swan River.

[smartcode_project:default project_id=106968 project_image_fid=210986]

Jones Realty are marketing the project which will fill a gap in the market for affordable housing, with prices starting from just $505,000.

Designed by the architects at MJA, the apartments are well-oriented, with natural light abounding, and a range of views to be enjoyed from different apartments, including city views and an outlook over Subiaco.

Each apartment is fitted with premium appliances, ample storage, and flow, as well as open-plan living spaces that connect to spacious terraces or balconies, allowing for seamless indoor and outdoor living.

The interior features a mixture of bold and modern design elements, from the engineered timber flooring to the entertainer-style kitchens.

[smartcode_project:default project_id=106968 project_image_fid=210987]

Olive St has also been cleverly designed to offer communal work from home facilities, complete with plenty of desk space, high-speed WiFi, booths for private calls, and a boardroom for client meetings.&nbsp;

The development will also feature leafy green outdoor spaces, a barbecue area, a residents' lounge, and even a fire pit.

[smartcode_project_cta:default project_id=106968]

Jones Realty are marketing the project which will fill a gap in the market for affordable housing, with prices starting from just $505,000

Devwest commence construction on Subiaco apartments, Olive St.

Ready to move in, riverfront apartments come few and far between in Perth, but award-winning developers Edge Visionary Living still have a handful of residences remaining in their Vantage development in Rivervale.&nbsp;

Located in the popular Springs precinct at 60 Riversdale Road, Hillam Architects have designed the project to offer a blend of five-star hotel resort living and private residences.

[smartcode_project:default project_id=7780 project_image_fid=75504]

The lobby is the ultimate welcome, with contemporary finishes and angular voids that define the space and begin the luxury hotel-like experience.

That experience is only enhanced by the resort-style amenity, with the pool deck oasis a standout feature. An infinity pool and spa overlooks the river, and it's accompanied by a barbecue cabana, and a gym with a steam room.

There's also the&nbsp;expansive Sky Terrace which has similarly sweeping views, as well as an outdoor kitchen and dining spaces, a yoga deck, and even a rooftop cinema.

[smartcode_project:default project_id=7780 project_image_fid=75522]

The two and three-bedroom apartments feature large floor-to-ceiling windows that fill the space with natural light and offer uninterrupted views of the Swan River, Perth City, and the Perth Hills, while shadow-line cornices add a touch of sophistication.

The kitchens are the heart of the homes, with AEG appliances and stone benchtops, which are both stylish and functional, designed as the perfect place to entertain.&nbsp;

[smartcode_project:default project_id=7780 project_image_fid=75493]

The location is one of the biggest drawcards to Vantage.

Absolute riverfront access means that you can kayak, swim, or simply take in the views of the river whenever you like.

And if you're a sports fan, Optus Stadium and Crown Perth are also within walking distance.

[smartcode_project_cta:default project_id=7780]

Located in the popular Springs precinct at 60 Riversdale Road, Hillam Architects have designed the project to offer a blend of five-star hotel resort living and private residences

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