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

The national property developer Goldfields is already seeing high demand for it's maiden Western Australia land development, set in the heart of wine country, Margret River.

The 47 hectare masterplan, called Spindrift, will be officially unveiled this month.

Construction has begun on the 423-lot project, three kilometres south of the Margaret River town centre in WA's South West area.

Spindrift is surrounded by a developed community to the west and established Karri trees to the north and east. The first release of land will have prices starting from $194,500.

Gareth Wilson, Goldfields General Manager in WA, said Spindrift was perfectly positioned within a short drive to town while still having access to the natural beauty of Margaret River.

He said the development’s larger lots, intelligent design and landscaped reserves would make it highly sought after in a constrained local real estate market.

“Margaret River offers a unique opportunity to live in one of Australia’s most picturesque and renowned destinations and continues to be one of the most sought-after regions in WA,” Wilson said. “Housing demand has continued to outweigh supply in Margaret River which is testament to the attractiveness of the South West lifestyle.

“Spindrift will play a pivotal role in meeting short and medium term demand for housing in Margaret River.”

Spindrift is centred on a strong sense of community, where residents can immerse themselves in nature while still enjoying the comforts and amenity of modern life. It&nbsp;will offer all the amenities expected of a contemporary estate, including immediate access to neighbouring parks and playgrounds, schools, shopping strips, cafes, restaurants and medical facilities.

<img alt="Spindrift Goldfields" data-entity-type="file" data-entity-uuid="45ea4607-d6af-4c87-9448-52c216d28499" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202022-11-28%20at%201.43.30%20pm_0.png?VersionId=g3sfILTkHvjeotjkCCiCGs2Xg1k2gbdh" />

Brook Palmateer, Associate Director at Acton Belle Property in Margaret River, said early interest levels in Spindrift were on par with that seen at larger, metropolitan housing developments.

“Interest is coming from a wide variety of people, but particularly local homebuyers,” Palmateer said. “That early interest has been all the greater because there are very few blocks on the market in the region at the moment.

“Everything has sold, there is hardly anything titled on the market and the only things that are titled at the moment are on very steep blocks that are harder and more expensive to build on. We have a significant lack of stock at this price point for people to choose from, across the whole South West region but particularly in Margaret River.”

The Augusta-Margaret River Shire recorded a sharp 17.8 per cent increase in population from 2016 to 2021 in Census data released by the Australian Bureau of Statistics. The estimated local population of 17,298 represented a year-on-year increase of 2.85 per cent compared to 0.93 per cent population growth in Regional WA more broadly.

According to the Real Estate Institute of WA (REIWA), there were a total of four properties advertised for rent on reiwa.com on 31 October 2022. In October 2021 there were two, and in October 2020 just one.

“We have a housing crisis in Margaret River and the surrounding region at the moment,” Palmateer added. “People cannot find anywhere to live – there is nowhere that is suiting them to buy, there’s no land to build on and we’ve got a rental shortage, and almost zero percent vacancy rate.

“80% of the walk-ins to our office are people looking for rentals. Margaret River in particular, closely followed by Dunsborough, are in the highest demand. Not only are a growing number of people keen to move here and enjoy the beautiful lifestyle now that they have more flexibility with working arrangements, but there are a lot of local people that are looking for housing as well, people that have been here 20-30 years. It is across the board.

“Spindrift is ideally situated to address this significant need for more housing in Margaret River and it is doing so at a great price point, in a central location close to amenities and all the natural beauty the region has to offer. This land will be snapped up swiftly.”

Construction has begun on the 423-lot project, three kilometres south of the Margaret River town centre in WA's South West area.

Goldfields launch Margaret River land estate, Spindrift

Construction has officially wrapped on Iris Residential’s Booragoon development, Amara City Gardens.&nbsp;

BGC Constructions handled the build of the $43 million project, with residents set to move in this month.&nbsp;

Located on the doorstep of Westfield Booragoon Shopping Centre, residents will be connected to an array of shopping, dining and entertainment options, while also having medical services, major banks, Wireless Hill Park and Melville Aquatic Centre on the doorstep of the development.&nbsp;

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Owner-occupiers&nbsp;have taken up a majority of the stock so far, with one and two-bedders with one-bathroom already completely sold.&nbsp;

Two and three-bedders with two-bathrooms make up the remaining stock in the project, with prices starting from $645,000.

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;

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.&nbsp;

Bedrooms include walk-in-robes, while the kitchens are competed with the high-quality fixtures and finishes, including Smeg appliances, stone benchtops and built-in pantries.&nbsp;

Residents will also have direct access to the communal yoga deck, wine cellar, dining pavilion, barbecue terrace, gym, sauna and garden.&nbsp;

[smartcode_project:default project_id=8266 project_image_fid=207248]

Designed with the family owner-occupier in mind, the three-bed apartments sit close by to a number of educational options, including Applecross Senior High School and Booragoon Primary School which are located 12-minutes’ walk from Amara, along with Murdoch University, which is just a short commute away.&nbsp;

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 for the common areas, boosted solar gas hot water systems, double glazed windows, a car-charging bay, a designated place to wash your car, secure bike racks, leafy, manicured gardens and creative artwork screens by award-winning local artist Anne Neil.&nbsp;

[smartcode_project_cta:default project_id=8266]

Designed with the family owner-occupier in mind, the three-bed apartments sit close by to a number of educational options, including Applecross Senior High School and Booragoon Primary School which are located 12-minutes’ walk from Amara, along with Murdoch University, which is just a short commute away. 

Amara City Gardens completes construction

Boutique developers Norup + Wilson have been making a name for themselves across Perth for a number of years, having now amassed a portfolio that spans far and wide, with over half a billion dollars on the books.&nbsp;

Headed by Director’s John Norup and Dave Wilson, the group focuses on the owner-occupier, &nbsp;paying particular attention to the standard and range of first-class amenities on offer within their multi-level communities.&nbsp;

It’s been no different for the group’s imposing 21-storey community on the high-point of the coveted Mount Pleasant and Applecross peninsula - having attracted the interest of buyers not only for its enviable location.&nbsp;

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“In order for a community to function efficiently and happily, an enormous amount of careful thought and effort needs to be invested in the planning, design and built-form solutions to which they lead,” said Wilson.&nbsp;

“From the outset of this ambitiously innovative residential development, my focus has been on ensuring that all the community facilities integrate seamlessly with the private living areas. In this way, resident privacy and security are maximised as elegantly as are the shared benefits of the resort-quality these facilities provide.”

“Our goal is to set an unrivalled benchmark in apartment living.”

The action begins across the ground floor, transitioning into a destination entertainment piazza featuring an eclectic assortment of cuisines and experiences, with a number of restaurants already operating on the doorstep of The Precinct, and a handful still to come.

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More often than not, developments focus their private amenity offering around the pool. The Precinct has instead incorporated the facilities into distinct zones throughout, allowing residents to fully enjoy each space.&nbsp;

Reminiscent of the finest resorts across the world, The Precinct is home to an indoor and outdoor gym, a running track, a swimming pool, Bocci pit, cabana daybeds, Teppanyaki barbecues, a residents lounge and library, a wine room and a kid’s play room.&nbsp;

For the exclusive use of Sky Residents from levels 17 to 21, a Sky Lounge is also part of The Precinct, encompassing some of the best views on the west coast.&nbsp;

“The only difference between this peaceful escape from the everyday and the kind of relaxing, five-star resort you’d find in some distant tropical paradise, is that this one is yours. Your own piece of paradise,” Wilson said.&nbsp;

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The Precinct stands as the most prominent landmark in the Canning Bridge Precinct, commanding views of every facet of the city, from Kings Park and the CBD, to the converging Swan and Canning Rivers and the distant escarpment to the east.&nbsp;

Norup + Wilson chose the landmark site to maximise the Melville Council’s $235 million redevelopment vision for the precinct. Over the next ten years the Canning Bridge area is expected to be transformed with an expanded train station, river ferry and revitalised town centre on par with what was witnessed at Subiaco and East Perth.&nbsp;

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Reminiscent of the finest resorts across the world, The Precinct is home to an indoor and outdoor gym, a running track, a swimming pool, Bocci pit, cabana daybeds, Teppanyaki barbecues, a residents lounge and library, a wine room and a kid’s play room. 

"Your own piece of paradise": Inside the Mount Pleasant apartments with resort-inspired amenities

In a bid to improve housing supply and affordability, the Western Australian Government further built on the states rebates for off the plan apartments back in May this year.&nbsp;

Conceived as part of the state’s largest budget, the new $50,000 rebate is in place for purchasers of off the plan apartments until the end of October 2023.&nbsp;

There is a sliding scale for concessions for a pre-construction contract entered into between 1 June 2022 and 24 October 2023.

Buyers will see 100 per cent of the duty paid by the WA Government if the property is&nbsp;valued at $500,000 or less, capped at a maximum of $50,000

There will be between 100 per cent and 50 per cent of the duty paid if the property is valued at more than $500,000 but less than $600,000.

Then from $600,000 plus, 50 per cent of the duty is paid, capped at a maximum of $50,000.

Western Australia Premier Mark McGowan said the budget measure was focused on lifting housing supply while addressing unaffordability.&nbsp;

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“The measures would create a pipeline of more affordable homes into the future, while also providing greater assistance to those seeking to purchase homes at the affordable end of the market, and aim to smooth the construction pipeline beyond the current boom in activity,” he said.&nbsp;

Stirling Capital's Cirque Duet has apartments that will see buyers pay $0 stamp duty. Prices start from $495,000 for the one-bedroom stock in the resort-inspired Mount Pleasant development.

Conceived as twin towers, Cirque Duet residences are connected above street level through an expansive podium of more than 3,000 sqm, housing the project's extensive amenity offering.&nbsp;

From a heated swimming pool to a children’s playground, Cirque Duet offers up some of the best Perth has to offer.

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The podium also features a spa and sauna, a gym, private dining rooms, cabanas, a cocktail bar, and barbecue facilities.&nbsp;

The amenity continues inside as well, with residents treated to a luxury cinema to watch all the latest blockbusters from the comfort of their own home, and a library.&nbsp;

Along the ground floor, the hotel-inspired lobbies also feature a concierge desk and access to a business centre and meeting room.&nbsp;

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Soaring above the Canning River, Stirling Capital's Cirque Duet lends its hand to the Government’s stamp duty rebates, offering a selection of one, two and three-bedroom apartments. 

Buyers pay cut-price stamp duty at Perth's Cirque Duet apartments in Mount Pleasant

As sustainability continues to be high on property buyers’ shopping lists, a number of Perth developers are honing in on future-forward and environmental designs, and one way they’re being recognised is through Green Star ratings.&nbsp;

Launched by Green Building Council of Australia (GBCA) in 2003, Green Star is Australia’s largest voluntary and truly holistic sustainability rating system for buildings, fitouts and communities.

Green Star aims to reduce the impact of climate change by promoting developments and communities that support a more sustainable way of life, with all projects displaying a Green Star Certification Trademark having passed a thorough, independent and transparent assessment process to verify their contribution towards a healthier tomorrow.

Green Star offers a number of long-term benefits to both people and the environment, including water-saving initiatives, the use of renewable energy, stronger investment returns, higher quality designs, curated healthy communities, fewer greenhouse gas emissions and clearer pathways to achieving carbon neutral buildings.&nbsp;

With only a handful of developments on the West Coast having achieved the lauded 5 Star Green Star rating, we’ve wrapped up the top 5 Star Green Star rated apartments selling now.

<h1>Florin Parkside</h1>

Prominent Perth developers Stirling Capital kick off our list with the group striving to implement a number of sustainable features across all of their developments.&nbsp;

With a 5 Star Green Star rating in both Stirling’s Florin Parkside and Cirquet Duet, Stirling demonstrate an understanding of excellence in sustainability.&nbsp;

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The group’s Jolimont project, Florin Parkside, boasts a number of sustainable design features, including ceiling fans, energy-efficient lighting and appliances, a highly efficient heat pump water system, and 40kW solar helping the project reach the mark.&nbsp;

All common areas are also serviced by 100 per cent renewable energy, while extensive landscaping ensures the living spaces are directly connected to nature, blending seamlessly with the neighbouring park.

These benefits also help to keep living costs down for residents.

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The $37 million project will deliver 63 residences to the Jolimont area, with the family-sized apartments offering sweeping views to the neighbouring park and CBD skyline.

One, two three and four-bedroom apartments are still remaining in the project, with completion slated for the back-end of 2023.

<h1>Cirque Duet&nbsp;</h1>

Soaring above the Canning River is Stirling’s Cirque Duet.

The deliberately sculptural building presents as two organically shaped towers, connected by a fourth floor 4000 sqm recreational podium.&nbsp;

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Much like Florin, Cirque is packed with a string of sustainable and environmentally-driven design features, and was actually the first Western Australia development to be awarded a 5 Star Green Star rating.&nbsp;

The elegant butterfly-wing profile of the towers is instantly recognisable from any point on the river but its purpose is more than simply decorative.

Cirque's unique shape and orientation cleverly reduces the perception of volume and opens upsweeping, uninterrupted panoramas for every resident, with the butterfly effect extending in to the building’s very heart with low-energy construction methods, a sustainable design approach and passive cooling techniques just some of the reason’s it’s been awarded 5-starGreen Star status

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With a mix of one, two and three-bedroom apartments, each have been oriented to take advantage of the panoramic views across the Canning and Swan River’s, to the Perth CBD and the Eastern Hills.&nbsp;

Floor-to-ceiling windows throughout not only maximise these outlooks but also allow an abundant amount of natural light to flood into each of the residences’ living spaces.&nbsp;

<h1>The Precinct&nbsp;</h1>

Boutique developers Norup + Wilson also make the list with their apartment development, The Precinct.

Located at 893 Canning Highway, the 5 Star Green Star-rated project is a 21-storey community on the high-point of the Mount Pleasant and Applecross peninsula.

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Some of the Green Star features included here include solar cells on the rooftop, complemented by lifts that create power on every down movement.&nbsp;

The Precinct also features sensor lights in all common areas and car parks, along with WELS approved ratings on all taps and showers, energy-efficient lights and appliances, rain sensors for the reticulation system, VRV air-conditioning systems, and carbon monoxide alarms to carparking to ensure fans only run when required.

With Norup + Wilson paying particular focus on the design process, The Precinct will also offer low strata fees, due in part to the numerous Green Star Rating features.&nbsp;

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The one, two and three-bedroom apartments are located on levels three to sixteen, with the next four floors dedicated to the exclusive Sky Homes, which enjoy privileged access to the top floor residents Sky Lounge.

Regardless of the level selected all residents enjoy views to the ever-changing Swan and Canning River’s leafy surrounds, along with high-tech inclusions, through access to the Norup + Wilson App, allowing residents to control each home’s intercom, lights, and air conditioning from a mobile device.

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All residents also have access to a host of facilities and amenities, including indoor and outdoor gyms, a pool with cabana day beds, barbecue facilities, a common lounge and library, media room and a kid’s playroom.

<h1>The Pearl&nbsp;</h1>

Prosper Living round out the 5 Star Green Star Perth offerings, with their South Perth development, The Pearl.&nbsp;

Inspired by the Swan River – the ancient Derbarl Yerrigan – the building’s slender silhouette is animated by a shimmering facade that reflects the light from river and sky, while organic curved balconies sweep across the facade.

[smartcode_project:default project_id=9197 project_image_fid=203301]

Built to 5-star sustainability levels, The Pearl exceeds solar access levels, with every apartment having access to natural light and cross ventilation, allowing gentle breezes through the living areas, no matter its position in the building. A spectacular ‘green spine’ softens the facade and provides light and greenery into the lobby of every level.

“Ultimately, The Pearl is about offering its residents a superb lifestyle in a building designed around luxury, comfort, convenience and sustainability,” says Prosper Living.&nbsp;

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With 137 one, two and three-bedroom apartments plus three four-bedroom skyhomes, The Pearl benefits from being surrounded by a range of local amenities along with exclusive residents-only features.

On level three, residents will have exclusive access to a protected landscaped terrace with an infinity edge pool, a massage room, private seating alcoves, gardens, and a barbecue with an enclosed outdoor dining area, along with other amenities, including a gym, sauna, steam room, yoga deck, a theatre, games room, resident’s lounge and dining room and a temperature-controlled wine room.&nbsp;

With only a handful of developments on the West Coast having achieved the lauded 5 Star Green Star rating, we’ve wrapped up the top 5 Star Green Star rated apartments selling now.



Perth's top four off the plan apartment developments with a 5 Star Green Star rating

Work is set to begin on Iris Residential’s The Terraces, Claremont development early in 2023, with BGC Construction appointed to build what is expected to be Australia’s most sustainable large-scale apartment project.&nbsp;

The local construction group will soon begin building the $150 million development, in is the final piece of the puzzle in DevelopmentWA's sought-after Claremont on the Park precinct.&nbsp;

The eight-storey, 137-apartment luxury building, which is scheduled for completion by late 2024, 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.

NatHERS ratings are used to predict the amount of heating or cooling dwellings need to stay comfortable in all weather conditions. In Australia, residential developments are required to meet a minimum 6-star NatHERS standard.

[smartcode_project:default project_id=111894 project_image_fid=190182]

Iris Residential Managing Director, Simon Trevisan said the 8.05-star rating is something they don’t believe has been achieved in any other large-scale residential development anywhere in Australia.

“Most apartment developments of this size come in at the 7 to 7.5-star level, and certainly we haven’t been able to find anything comparable out there in the market either here in Western Australia or on the east coast.”&nbsp;

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.

A comprehensive suite of sustainability features will reduce energy use by 35 per cent, including natural cross ventilation over 92 per cent of residences and a 40 per cent reduction in internal lighting energy consumption.

Double glazing, sliding balcony screens, enhanced breezeways and a northerly orientation for all apartments will ensure buyers are comfortable year-round, no matter the weather, without having to rely on artificial heating or cooling.

Trevisan said he anticipated sustainability performance at The Terraces would resonate strongly with buyers on a number of fronts.

[smartcode_project:default project_id=111894 project_image_fid=190170]

“This is what sustainable design is about – there are no compromises, no greenwashing,” he said.&nbsp;

“The greenhouse gas emissions benefit via electricity use reduction is real and measurable, and the cost savings from significantly lower power bills are also tangible. A strong sustainability performance means reduced costs for homeowners, whether we’re talking about their power bills or strata levies.

“A more intangible, though absolutely important, benefit is the quality of life that comes from living in a space filled with natural light and fresh air. First and foremost we’re about delivering comfortable homes for people, and it should be the most comfortable home we can provide,”&nbsp;Trevisan added.

Located along the boundary of the historic Claremont Oval, The Terraces sit in the heart of the affluent Claremont locale, set to take advantage of all the area has to offer, with the suburb home to river vistas, leafy parklands and many of Perth’s most exclusive boutique retail outlets.

Residents at The Terraces will also benefit from the close proximity to Claremont train station, now offering direct access to the new Forrestfield-Airport METRONET link, reducing the need for car travel and further adding to the development’s sustainability credentials.

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Trevisan said sustainability was a key element in Iris Residential’s development strategy, acknowledging that residential developers had a big role to play in achieving emissions reductions targets.

“Iris has been a leader in sustainable development in Western Australia for decades, it’s a key part of our point of difference in the apartments space,” he said.

“According to the Department of Climate Change, Energy, Environment and water, energy use in residential buildings accounts for 24 per cent of overall electricity use and 12 per cent of total carbon emissions.

“By increasing energy efficiency, households not only enjoy lower energy bills but have higher quality of life, while also being satisfied in the knowledge that they are making a real contribution to addressing climate change.”

The Terraces will join BGC’s already sustainable portfolio, with the Western Australian builders committed to creating environmentally-friendly developments.&nbsp;

“We have a desire to reduce environmental impacts as effectively as we can, with a strong focus on positive environmental outcomes,” they say.&nbsp;

“We place an emphasis on targeting projects with a significant environmental design factor.”

[smartcode_project:default project_id=111894 project_image_fid=190173]

BGC has also strung together a list of awards over their time, most recently being awarded the 2022 MBA WA Excellence in Construction award for the best regional project.&nbsp;

The group previously worked on Iris’ Shenton Park project, Shenton Quarter, which is slated for completion by early next year.&nbsp;

The mixed-use development was one of the first projects to be endorsed by the State Design Review Panel and was commended for its best-practice sustainability features, which have been designed to achieve the equivalent of a 4-star Green Star rating.

DevelopmentWA acting Chief Executive Dean Mudford said close consultancy with town planning firm Element will ensure that The Terraces will integrate seamlessly into the multi award-winning precinct, Claremont on the Park.

“As the Western Australian Government’s development agency, DevelopmentWA has a critical role in helping lead the way to a more sustainable way of living – ensuring the communities and projects we deliver demonstrate new, smarter ways to live and work,” Mudford said.&nbsp;

“At Claremont on the Park, sustainable development has been a fundamental part of our vision in creating this thriving, connected and award-winning precinct, and it’s been really pleasing to see industry embrace that vision as the project has taken shape."

“With what is expected to be a nation-leading sustainability performance, The Terraces is an outstanding example of what can be achieved as part of a master-planned and focused approach to precinct-scale development,” he added.&nbsp;&nbsp;

[smartcode_project:default project_id=111894 project_image_fid=190180]

Australian private debt provider, Metrics Credit Partners, funded the acquisition of the land in 2021 and continues to support the project as it moves through to the development phase.

Metrics Managing Partner Andrew Lockhart said that from a lender’s point of view, the sustainability outcomes of The Terraces improved the marketability of the finished residences, helping to mitigate credit risks.

“ESG and sustainability factors are at the heart of Metrics’ approach to assessing and managing risk for investors,” Lockhart said.

“We are delighted to see such great alignment between the developer, buyers and financiers to achieve meaningful advances in the sustainability factors for residential developments – and these are clearly demonstrated in The Terraces.”

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The eight-storey, 137-apartment luxury building, which is scheduled for completion by late 2024, 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.

Australia’s greenest apartments set to take shape in Claremont

Construction has commenced on the South Perth project, One Richardson, with one of Perth’s leading multi-residential and mixed-use builders on the task, Emco.&nbsp;

Developed by Subiaco-based developers, Devwest, One Richardson will deliver a collection of 75 one, two and three-bedroom apartments, along with a series of two-storey penthouses.&nbsp;

[smartcode_project:default project_id=7809 project_image_fid=203882]

Over 50 per cent of the apartments have already sold in the project, which have been designed by MJA Studio.&nbsp;

Sitting atop a ground floor cafe, as well as a welcoming resident’s lobby, each apartment has been architecturally designed to suit a range of lifestyles and buyers.&nbsp;&nbsp;

The project also leverages on its enviable Swan River location.&nbsp;

Overlooking Richardson Park, One Richardson fronts an expansive public open space, which delivers not only park fronting apartments, but also creates uninterrupted river views, which are normally only attained in high rise developments, brimming with residences.&nbsp; &nbsp;

One Richardson offers a large range of leading sustainability initiatives to help reduce the development’s environmental footprint, including features such as solar energy to common areas, energy efficient lighting and appliances, water efficient tapware and fixtures, electric storage units, solar efficient glazing and more.

[smartcode_project:default project_id=7809 project_image_fid=203877]

Centrally located on the corner of Richardson Street and Melville Parade, One Richardson enjoys views to the Swan River, along with a residential communal area located on the third floor, complete with barbecue facilities and lush landscaping.&nbsp;

Devwest have taken to transforming the Perth property market, with a number of projects currently in the works and recently completed including, The Bradshaw Residences in Manning and the soon to be launched, Olive Street apartments, which will form part of the revitalisation of Subiaco.

[smartcode_project_cta:default project_id=7809]

Over 50 per cent of the apartments have already sold in the project, which have been designed by MJA Studio. 

Construction underway on South Perth apartments, One Richardson

Over the last few years, as people are spending more time in their home and working remotely, resident amenity in apartment towers has gone up several notches.

Resident amenity can be the defining factor in a buyer's decision to secure an apartment in one development over another, and developers are becoming wise to that fact.

[smartcode_project:default project_id=9197 project_image_fid=203301]

Cygnet West's Director of Residential Projects, Sales and Marketing, Greg Billings&nbsp;says buyers are very well educated on the latest trends.

“Buyers know what they want in both design and specification - with the specification having the ability to make or break a project,” Mr Billings said.&nbsp;

One development ticking all the boxes on buyers’ lists is Prosper Living’s South Perth apartment project, The Pearl.

The Pearl’s amenities have been designed as an extension of the apartments, with Prosper Living’s CEO, Maggie Cai saying they provide a place for residents to interact with one another, and to relax without the need to maintain the facilities themselves.&nbsp;

[smartcode_project:default project_id=9197 project_image_fid=203302]

“To reflect the beautiful Swan River and leafy parklands of South Perth, The Pearl uses many natural elements within the amenity level. From considered landscaping to herb gardens and citrus trees, residents will enjoy a tranquil oasis,” Ms Cai said.&nbsp;

“Residents can enjoy the beautiful river views from the resident's lounge, while the facilities also provide a place for wellness and well-being in which residents can escape from the busy city lifestyle without the need to travel.”

“The Pearl's amenities are like a resort hub for residents,” Ms Cai added.&nbsp; 
&nbsp; 
Mr Billings highlighted how important the location was in the final design of the project, saying location is key, with buyers seeking walkability to shopping and restaurants, along with easy access to the city.&nbsp;

[smartcode_project:default project_id=9197 project_image_fid=203307]

“Whilst there are various projects approved in the South Perth area already, it is likely future development will compromise the views for some of those projects,” he said.&nbsp;

“The majority of the apartments in The Pearl will have ‘forever views’ and with South Perth so keenly sought after by many buyers due to its proximity to the CBD and amenity, The Pearl has positioned itself as one of the stand out projects in the area.”

A variety of buyer demographics have been flocking to The Pearl, with predominately owner-occupiers securing apartments in the building.

That’s where the focus on the curated amenities particularly come into play, says Mr Billings.

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“The typical owner-occupier comes from a larger home and likely has many of these amenities in their existing property. Moving to The Pearl means they enjoy the use of the gardens and pool, plus the additional amenities, without having to manage or maintain them," Mr Billings concluded.

With sustainability also high on the buyer shopping list, a number of developers have looked to achieve environmental excellence in design and construction, with The Pearl meeting these standards with a 5 Star Green Star rating.&nbsp;

Spacious one-bedroom apartments with river views, start from $515,000 at The Pearl.

Coupled with a range of two, three and four-bedroom apartments, The Pearl has a home to suit everyone.&nbsp;

[smartcode_project_cta:default project_id=9197]

The Pearl’s amenities have been designed as an extension of the apartments, with Prosper Living’s CEO, Maggie Cai saying they provide a place for residents to interact with one another, and to relax without the need to maintain the facilities themselves. 

Creating an extension to the apartment space: Inside The Pearl, an amenity-rich development

ASX-listed developer Cedar Woods has welcomed the completion of its fourth apartment building in Williams Landing, Lincoln Apartments, in Melbourne’s fast-growing west.

The Lincoln Apartments delivers 69 one and two-bedroom apartments over five levels, answering demand for first home buyers and local investors looking to enter the property market.&nbsp;

<img alt="Render inside one of the Lincoln Apartments. " data-entity-type="file" data-entity-uuid="6fe95a6c-8368-440f-8b49-05da61d04c29" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Lincoln_Williams_Landing_0281.jpg?VersionId=N5kAyqRvcawfspgKamXtkWaTUCkI9ImG" /> 
Render inside one of the Lincoln Apartments. Image supplied.&nbsp;

Located at 38 Clark Street, the project also offers a suite of communal amenities, including a rooftop garden with barbecue facilities, along with a gym, complete with cardio equipment and weights.&nbsp;

Cedar Woods Chief Operating Officer, Patrick Archer said The Lincoln Apartments were designed with amenity front of mind, delivering both quality and convenience to residents.&nbsp;

“We know that a sense of community is a top priority for many first-home buyers, and we have fostered this sense of community by delivering inviting common areas within the building,” he said.&nbsp;

Designed by renowned Australian architecture practice DKO Architecture, Lincoln Apartments is comprised of a series of bold forms that anchor its presence in the heart of the town centre at the corner of Clark Street and Tonkin Way.

In a bid to attract couples and families to the community, each of the apartments incorporate clever storage solutions and generous layouts to enhance and maximise the flexibility and utility of the residences.

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Abundant glazing features throughout, allowing natural light to fill living and bedroom spaces, while balconies extend the sense of space within each apartment, celebrating indoor-outdoor living.

Williams Landing is one of the fastest growing suburbs in the City of Wyndham and is identified as a Major Activity Centre within the Plan Melbourne planning strategy, having the potential to accommodate a third of future white-collar jobs in the Wyndham area according to a MacroPlan Dimasi report.

With over 9,000 residences, the local community also benefits from a number of local business that have found their home in the area, along with sporting clubs and other community organisations which contribute to the burgeoning community.&nbsp;

“Williams Landing continues to grow year on year, and we’re seeing consistent demand for the area with a vacancy rate of just 1.2 per cent in June,” said Archer.&nbsp;

[smartcode_project:default project_id=112774 project_image_fid=197060]

The completion of Lincoln Apartments brings the Williams Landing Town Centre residential capacity to 268 apartment dwellings, complementing existing buildings Newtown, Oxford, and Lancaster Apartments.

Residents are still available in the Waterline Place Merchant Apartments, along with a selection of townhomes in the Firefly collection.&nbsp;

Designed by Elenberg Fraser, Merchant comprises a mix of one, two and three-bedroom apartments, along with a collection of exclusive Sky Homes on the upper levels that take in the surrounding sweeping views of the bay and city skyline.

Crowning the building is the rooftop terrace, complete with multiple seating zones, a communal garden and&nbsp;children's play space.

Completion of Merchant Apartments is expected by mid-2024, signalling the final opportunity to buy into the masterplanned community.&nbsp;

[smartcode_project:default project_id=112774 project_image_fid=197064]

Established in Perth in 1987, Cedar Woods has grown to become one of the country’s leading developers.

From urban subdivisions, medium to high-density apartments and townhomes, to retail and commercial developments, the group has built up a mixed portfolio across their time, with the Victorian portfolio currently including the complementary Williams Landing Shopping Centre, as well as projects, St.A, St Albans, Jackson Green, Clayton South, Mason Quarter, Wollert, 88 Leveson, North Melbourne, Clara Place, and Fraser Rise.

[smartcode_project_cta:default project_id=112774]

Williams Landing expands with the completion of fourth apartment building, Lincoln Apartments

Perth locals, Stirling Capital, have long had a desire to produce sustainable and environmentally conscious projects.

The group, led by Managing Director, Luke Reinecke, incorporates designs with embedded networks that use smart metres, renewable energy sources such as solar panels, and measures to optimise energy savings for residents of every project.

[smartcode_project:default project_id=108682 project_image_fid=200530]

“Sustainability is integral to every brief we provide to our architects – from water and energy efficiency to materials selection and other initiatives, we consider sustainability throughout every stage of every project to ensure optimum environmental performance from the ground up.”

Stirling’s Jolimont project, Florin, follows suit with the group’s sustainable ambitions, with the Parkside residences achieving a 5 Star Green Star rating.

Launched by Green Building Council of Australia (GBCA) in 2003, Green Star is Australia’s largest voluntary and truly holistic sustainability rating system for buildings, fit-outs and communities.

[smartcode_project:default project_id=108682 project_image_fid=200529]

Green Star aims to reduce the impact of climate change by promoting developments and communities that support a more sustainable way of life, with all projects displaying a Green Star Certification Trademark passing through an independent assessment process.

With a 5 Star Green Star rating, Florin represents Australian Excellence in sustainability, with features such as ceiling fans, energy-efficient lighting and appliances, a highly efficient heat pump water system, and 40kW solar helping the project reach the mark.

All common areas are also serviced by 100 per cent renewable energy, while extensive landscaping ensures the living spaces are directly connected to nature, blending seamlessly with the neighbouring park.

These benefits also help to keep living costs down for residents.

[smartcode_project:default project_id=108682 project_image_fid=200535]

The $37 million project will deliver 63 residences to the Jolimont area, with the family-sized apartments offering sweeping views to the neighbouring park and CBD skyline.

One, two three and four-bedroom apartments are still remaining in the project, with completion slated for the back-end of 2023.

[smartcode_project_cta:default project_id=108682]

Stirling’s Jolimont project, Florin, follows suit with the group’s sustainable ambitions, with the Parkside residences achieving a 5 Star Green Star rating.

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