<p>Lewis Land's latest apartment release within its <a href="https://www.apartments.com.au/new-apartments/harbour-shores-biggera-waters-564-oxley-drive-biggera-waters-qld-4216">Harbour Shores</a> masterplan is targeting one of the Gold Coast's fastest-growing buyer groups, with almost a third of apartments at Solis priced below $1 million.</p>

<p>The seven-storey building at Biggera Waters will comprise 91 apartments, including 24 one-bedroom residences starting from $778,000, a price point Lewis Land says is aimed squarely at first home buyers struggling to enter the Gold Coast market.</p>

<p><img alt="Harbour Shires" data-entity-type="file" data-entity-uuid="e7486e37-22f6-4c92-b212-9b0622070b8f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-08%20at%209.09.34%E2%80%AFAM.png?VersionId=W8MJwJUCf6HkIyl_EVSksnd.QI6MZryY" /></p>

<p><a href="https://www.apartments.com.au/developers/lewis-land-group">Lewis Land</a> Head of Development Michael Long said the developer deliberately allocated a significant proportion of the project to more affordable apartment types.</p>

<p>"First home buyers have been priced out of many parts of the Gold Coast, and we saw a clear opportunity to address this and play our part in a longer-term housing solution," Long said.</p>

<p>"That's why 24 of the 91 apartments being delivered at Solis have been designed and priced for the city's next generation of homeowners, quality one-bedroom apartments, half of which include an additional multipurpose room to maximise space and flexibility.</p>

<p>"This approach places 30 per cent of apartments in Solis under $1 million, and with close proximity to Harbour Town's future light rail extension connecting residents to the city's major employment and knowledge hubs, it's a win for buyers looking to secure their first property."</p>

<p><img alt="Sores" data-entity-type="file" data-entity-uuid="550526d3-73ba-4710-9739-c5f4294a30ef" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-08%20at%209.09.29%E2%80%AFAM.png?VersionId=cQQdXHt9wS0UXwZEm5Py5bH_3kAmzyhu" /></p>

<p>Designed by BDA Architecture, Solis will deliver a mix of one, two and three-bedroom apartments, with residences ranging up to 232 sqm. Apartments feature generous balconies and contemporary finishes, while residents will have access to Harbour Shores' lagoon pool, clubhouse, tennis court, gym, yoga studio and sauna.</p>

<p>The focus on first home buyers resonated with purchaser Holly Humphreys, who said she and her boyfriend spent more than a year searching for their first property before shifting their attention from houses to apartments.</p>

<p>"We fell in love with the first house we bid on and got our hopes up, but after repeated knockbacks we learned not to get too attached," Humphreys said.</p>

<p>"We offered at the high end of price guides, but sales kept going even higher. That's where we really struggled and we needed to re-evaluate our budget and our expectations. Standalone houses were off the table, and we pivoted to apartments and townhouses."</p>

<p>Humphreys said it was encouraging to see developers recognising the growing demand from first home buyers.</p>

<p>"There's a growing number of young buyers looking to enter the market earlier because they understand that getting in now can make a real difference as prices continue to rise," she said.</p>

<p>"It's fantastic to see a developer recognise this and then actively take measures to deliver an apartment with us in mind."</p>

<p>Solis is the first development planned within the second stage of the Harbour Shores masterplan, with early works expected to commence in September 2026.</p>

<p>[smartcode_project_cta:default project_id=113271]</p>


Joel Robinson

Lewis Land targets first home buyers at latest Harbour Shores release, Solis

<p>Luxury apartment developer Abadeen has recorded $19.25 million in apartment sales across two of its Lower North Shore developments in the lead-up to the end of the financial year, headlined by the sale of a $6.75 million penthouse at <a href="https://www.apartments.com.au/buildings/koyo-crows-nest-5-rodborough-avenue-crows-nest-nsw-2065">KOYO in Crows Nest.</a></p>

<p>The transactions also included the sale of a newly completed three-bedroom apartment at <a href="https://www.apartments.com.au/buildings/park-residences-cremorne-2-sutherland-street-cremorne-nsw-2090">Park Residences in Cremorne</a> for $6.35 million, with the residence selling shortly after the project's first public inspections following completion.</p>

<p>The sales come as completed, owner-occupier-focused apartments continue to attract strong demand across Sydney's Lower North Shore, particularly from buyers looking for certainty and immediate occupancy.</p>

<p>The penthouse at KOYO spans 491 sqm across a single level and was designed by architect Koichi Takada. The development is one of Abadeen's flagship boutique projects in Crows Nest.</p>

<p>[smartcode_project:default project_id=108800 project_image_fid=370093]</p>

<p>Abadeen Executive Chairman and Founder Justin Brown said buyer activity lifted noticeably in the lead-up to the end of the financial year.</p>

<p>"We saw a clear increase in enquiry levels, inspection numbers and buyer engagement across our completed projects leading into the end of the financial year," Brown said.</p>

<p>"Buyers have become far more decisive over the past six months. The combination of improving confidence, limited supply and the ability to physically inspect completed residences is creating strong competition for premium apartments in the best locations."</p>

<p>Brown says the&nbsp;response to Park Residences following completion has been particularly strong.</p>

<p>"Buyers want certainty and are responding positively to the opportunity to walk through a finished product, inspect the quality firsthand and move in immediately," Brown suggested.</p>

<p>"Projects such as Park Residences and KOYO demonstrate that when the product is exceptional and the location is irreplaceable, buyers are prepared to act quickly."</p>

<p>[smartcode_project:default project_id=114246 project_image_fid=370116]</p>

<p>Abadeen CEO Joe Tack said quality continued to differentiate projects in the current market.</p>

<p>"Today's buyers are incredibly discerning," Tack said.</p>

<p>"They are seeking larger floorplans, premium finishes, walkability, lifestyle amenity and confidence in the developer delivering the project. Well-designed boutique developments continue to outperform because they offer something genuinely difficult to replace.</p>

<p>"The enquiry we are seeing across our completed and recently completed Lower North Shore portfolio is very encouraging, and we expect this momentum to continue into spring."</p>

<p>The sales follow increased enquiry across Abadeen's Lower North Shore portfolio which also includes <a href="https://www.apartments.com.au/buildings/northcote-collective-naremburn-2-northcote-street-naremburn-nsw-2065">Northcote Collective in Naremburn</a> which also completed recently.</p>


KOYO penthouse headlines Abadeen's $19.25 million EOFY sales flurry

<p>The City of Sydney has approved plans for <a href="https://www.apartments.com.au/developers/billbergia">Billbergia Group</a> and Metrics Credit Partners’ $3.5 billion Castlereagh Place project in the heart of the Sydney CBD</p>

<p>The towers will be among the tallest in <a href="https://www.apartments.com.au/developments/sydney-nsw-2000">Sydney</a>'s CBD, with more floors than any other residential tower in the city.&nbsp;</p>

<p>The 6,000 sqm site was acquired by the joint venture partners in 2024. It is the largest amalgamated land parcel in the Sydney CBD and comprises eight individual sites fronting Castlereagh, Pitt and Liverpool Streets.&nbsp;</p>

<p><a href="https://www.apartments.com.au/new-apartments/castlereagh-place-sydney-324-348-pitt-street-sydney-nsw-2000">Castlereagh Place</a> will transform an underutilised city block into a landmark mixed-use destination, anchored by two 82-storey towers comprising 607 luxury residences above an 8-level podium housing a 209-room luxury hotel. A 1,000 square metre civic park on ground level features a curated mix of food, beverage and retail.</p>

<p>The plans have been refined over the past year to rebalance the residential and hotel offering, and reconfigure the retail footprint to create a stronger, more dynamic dining experience.</p>

<p>A three-level flagship building on the prominent corner of Pitt and Liverpool Streets will be the gateway to the Castlereagh Place lifestyle precinct. Set to become a Sydney icon, the building is capable of housing multiple hospitality venues.</p>

<p>“Castlereagh Place is designed to be the City's next great urban oasis - an energetic mixed-use precinct that pulses with life, day and night,"&nbsp;said Joseph Kinsella, Group Director of Billbergia.</p>

<p>"It will bring the vibrancy of places like Barangaroo and Darling Quarter into a more accessible, central destination at the very heart of Sydney."</p>

<p>Kinsella said the project will build on&nbsp;Sydney’s growing laneway culture with the City’s largest network of new activated lanes - an expanded, next-generation take on precincts like Angel Place, Palings Lane and Ash Street in Wynyard.</p>

<p>[smartcode_project:default project_id=134477 project_image_fid=374401]</p>

<p>Castlereagh Place has been designed by architects <a href="https://www.apartments.com.au/architects/fjc-studio">fjcstudio</a> in collaboration with Trias Studio, Aileen Sage and Polly Harbison Design, joint winners of an international design competition in 2018.&nbsp;</p>

<p>Signature design elements from the original scheme remain unchanged, while the public domain has been significantly enhanced, delivering 60 per cent more open-to-sky space.</p>

<p>Pedestrian access will also be enhanced through new laneways linking Pitt, Liverpool and Castlereagh Streets, drawing people into a new civic park with outdoor seating, landscaping and integrated public art.</p>

<p>With activated laneways supported by strong hospitality offerings, Castlereagh Place is tipped to become a vibrant new dining destination in the heart of Sydney’s CBD.</p>

<p>It marks the largest undertaking to date for the Billbergia and Metrics Credit Partners partnership. Together they are developing other underutilised Sydney sites into mixed-use precincts, including the $2.2 billion Concord Central and the $1.3 billion Chatswood Grand Residences.</p>

<p>Metrics Managing Partner and Group CEO Andrew Lockhart said Castlereagh Place is a landmark project that will redefine Sydney’s skyline.</p>

<p>"As the tallest residential high-rise development, the revitalised site will offer panoramic views across the CBD and surrounds. We are excited to partner with Billbergia to reinvigorate an underutilised site and create a sophisticated and contemporary mixed-use offering situated in the heart of Sydney.”</p>

<p>Total apartments within the towers have increased to 607 dwellings, with a focus on larger floorplans. Aligned to growing market demand, Castlereagh Place now comprises 299 three-plus-bedroom apartments, 198 two-bedroom units and 110 one-bedroom configurations.</p>

<p>[smartcode_project:default project_id=134477 project_image_fid=374402]</p>

<p>Resident amenities will include an exclusive residents club containing a gym, rooftop pool, dining rooms, co-working spaces, library, golf simulator, games room, cinema room, and access to an exclusive concierge service. There will be around 500 basement car spaces below the towers.</p>

<p>The development will also include a state-of-the-art wellness centre, set to feature a bathhouse with magnesium pools, hot/cold plunge pools and premium amenities.</p>

<p>&nbsp;</p>

<p>According to fjcstudio, the towers will feature distinctive yet elegant architectural design reflecting Sydney’s geometry and urban character, with a network of through-site links and intimate public spaces activating the streetscape.</p>

<p>"Castlereagh Place is a city-making project of significant scale and ambition," said Richard Francis-Jones, Design Director at fjcstudio.</p>

<p>"It will create a rich urban complex of public open spaces, landscaped gardens, and vibrant laneways. Defining these new public spaces and the important streetscape of Castlereagh Street is a sequence of fine-grained, diverse retail and hotel architecture designed in collaboration with Aileen Sage, Polly Harbison Design and Trias.</p>

<p>“Rising above the tree-lined, human-scale streetscape are two slender residential towers that will transform the city skyline and look towards the Harbour, Hyde Park, and the Royal Botanic Garden.”</p>

<p>Demolition and early construction works have commenced onsite at Castlereagh Place.</p>

<p>[smartcode_project_cta:default project_id=134477]</p>


Billbergia, Metrics, approved for $3.5 billion Sydney skyscrapers

<p>International developer&nbsp;<a href="https://www.apartments.com.au/developers/spg-land">SPG Land</a> is preparing to re-launch its long-awaited $1.5 billion <a href="https://www.apartments.com.au/new-apartments/paradiso-place-surfers-paradise-103-ferny-avenue-surfers-paradise-qld-4217">Paradiso Place</a> development at Budds Beach, bringing a new price point to the Surfers Paradise apartment market.</p>

<p>The developer will release one-bedroom apartments from $825,000 and two-bedroom apartments from $1.24 million in the three-tower development.</p>

<p>According to Urbis, the starting price for the two-bedroom apartments is more than $400,000 below the weighted average sale price for comparable two-bedroom apartments in Surfers Paradise during 2025, which was pinned at $1.7 million.</p>

<p>&nbsp;</p>

<p>Urbis reported quarterly average sale prices for new two-bedroom, two-bathroom apartments ranged from around $1.2 million to $1.7 million throughout 2025, peaking in the December quarter.</p>

<p>[smartcode_project:default project_id=106566 project_image_fid=185853]</p>

<p>Paradiso Place is now moving into its formal sales campaign, with a limited early-release opportunity available ahead of the public launch.</p>

<p>The development will comprise 845 apartments across three towers rising 40, 41 and 44 storeys from a 1.15-hectare site spanning an entire city block. The towers will sit above a new retail precinct.</p>

<p>"Paradiso Place represents a rare opportunity in today's market, offering premium apartments at a price point that is significantly more competitive than anything else currently available," SPG Land Sales Director Brad McMahon said.</p>

<p>"When you look at comparable new developments across Surfers Paradise, Main Beach and the Southern Beaches precinct, buyers are typically paying hundreds of thousands more for a similar product.</p>

<p>"The scale of this project and the developer-builder construction model allows us to unlock efficiencies that smaller developments simply cannot achieve. We are passing those benefits directly to buyers, while still delivering a five-star residential experience with an unmatched lifestyle."</p>

<p>[smartcode_project:default project_id=106566 project_image_fid=374280]</p>

<p>Each of the three towers designed by Rothelowman will have its own podium, connected by an elevated skybridge network to create a beachside village for residents. The resident amenity has been designed to rival a five-star hotel, with private dining rooms, resident lounges and entertainment spaces.</p>

<p>McMahon said the pricing strategy was a deliberate response to the current market.</p>

<p>"What Paradiso Place offers is a unique balance, genuine value within a premium market. Buyers are not compromising on quality, design or amenity, they are gaining access to it at a more competitive price point at a time when prices across the Gold Coast continue to reach new highs."</p>

<p>[smartcode_project:default project_id=106566 project_image_fid=362498]</p>

<p>Located around 100 metres from the beach and within walking distance of the Surfers Paradise North light rail station, Paradiso Place occupies one of the Gold Coast's most tightly held beachfront precincts.</p>

<p>Construction is continuing to progress, with eight of the project's 112 foundation piles now complete. Excavation has also commenced on the first diaphragm wall panel, with the first concrete poured on 15 June, marking a key milestone in the project's early works program.</p>

<p>[smartcode_project_cta:default project_id=106566]</p>


SPG Land launches $1.5 billion Paradiso Place at attractive price point

<p>Luxury developer-builder <a href="https://www.apartments.com.au/developers/lowe-living">Lowe Living</a> has achieved a new Victorian benchmark for an off-the-plan apartment, with the sale of two penthouses at its ultra-exclusive Maison Savoy development in Brighton.</p>

<p>The two penthouses achieved a combined sale rate of $49,926 per sqm. Both transactions eclipsed the previous identified Victorian off-the-plan price-per-square-metre benchmark, set by the 449 sqm apartment at Como Toorak, which sold at $46,659 per sqm.</p>

<p>[smartcode_project:default project_id=140818 project_image_fid=366473]</p>

<p><a href="https://www.apartments.com.au/new-apartments/maison-savoy-brighton-150-esplanade-brighton-vic-3186">Maison Savoy</a>, Lowe Living's redevelopment of the former Brighton Savoy Hotel on absolute beachfront land at 150 The Esplanade, Brighton, has gained significant momentum since launching just eight weeks ago. Around 30 per cent of the project's 19 residences have already been secured, generating approximately $45 million in sales.</p>

<p>"Securing two of the three penthouse sales at this stage, within eight weeks of launching to market speaks to the confidence our clients place in Lowe Living," Lowe Living co-founder Emma Lowe said.</p>

<p>"They know we'll be with them through every stage of the journey, and that assurance is something we've worked hard to earn and never take for granted."</p>

<p>[smartcode_project:default project_id=140818 project_image_fid=366474]</p>

<p>Lowe said Maison Savoy was conceived as a genuine alternative to a prestige Brighton home, combining house-scale proportions with the convenience, security and lock-up-and-leave appeal of apartment living.</p>

<p>Lowe Living co-founder Tim Lowe said the early sales success demonstrated the resilience of Melbourne's prestige market and highlighted the growing demand for house-sized apartments among ultra-high-net-worth buyers.</p>

<p>"The Melbourne market has definitely been tested in recent years, with interest rates and global economic factors all creating a period of uncertainty across the real estate sector. The sales success at Maison Savoy however demonstrates that confidence remains exceptionally strong at the top end of the market.</p>

<p>"The prestige market is being driven by long-term lifestyle decisions rather than short-term market sentiment, which continues to create a level of certainty that befits an absolute beachfront property in a blue-chip location like Brighton.</p>

<p>"Brighton's fundamentals remain among the strongest in Melbourne, with limited new supply, enduring demand from an overwhelmingly local owner-occupier market, and a rare combination of beachfront amenity and proximity to the CBD."</p>

<p>[smartcode_project:default project_id=140818 project_image_fid=374378]</p>

<p>According to Cotality, Brighton remains one of Melbourne's most tightly held prestige suburbs, with an average ownership tenure of 15.3 years for houses and 12.3 years for units, while more than 73 per cent of homes are owner-occupied.</p>

<p>Tim Lowe said selling two of the project's three penthouses so early in the campaign was an uncommon result.</p>

<p>"This sales result is a reflection of quality and understanding the local market. It's incredibly rare to transact the penthouses so early in a sales campaign in any project so to have sold two of the three penthouses at Maison Savoy so soon after launch, all in-house without any external sales agency appointed, is reflective of our careful consideration of our buyers' needs and lifestyle.</p>

<p>"This is knowledge that is accumulated not just from data and demographic analysis, but via a deeply embedded understanding of how this type of buyer wants to live and feel in their home. We pride ourselves on getting to know our clients personally, and over the last 10 years we have been able to refine our product offering by talking one-on-one with our clients about their design and floorplan preferences.</p>

<p>"Being a fully integrated developer-builder with an in-house design and sales team allows us to lead every part of the process and ensure the highest quality of product and service at every touchpoint. It's a really important part of our DNA and the recent sales success at Maison Savoy indicates that our clients and purchasers are resonating with this point of difference.</p>

<p>"It reinforces that demand remains strong for thoughtfully designed residences that offer rarity, lifestyle and long-term value in tightly held locations, which ultimately validates Maison Savoy's positioning as creating a new benchmark for house-scale, wellness-led apartment living on Brighton's beachfront."</p>

<p>&nbsp;</p>

<p>[smartcode_project:default project_id=140818 project_image_fid=366480]</p>

<p>The residences at Maison Savoy start from 295 sqm, with most enjoying uninterrupted views across Port Phillip Bay. The project sits moments from the Brighton Bathing Boxes, Royal Brighton Yacht Club, Middle Brighton Baths and Church Street's retail and dining precinct.</p>

<p>A key feature of the development is its private residents-only bathhouse, curated by the founder of Aurora Spa &amp; Bathhouse and modelled on traditional European bathing rituals and the award-winning Sorrento bathhouse.</p>

<p>The wellness offering includes a hydrotherapy pool, salt room, sauna, steam room, cold plunge pool, foot activation zone and a Vichy rainfall bed, one of only a handful in Australia. Residents will also have access to a Technogym studio, lounge spaces and a dedicated concierge service offering everything from morning coffee delivery and restaurant bookings to dry cleaning and home coordination.</p>

<p>"Wellness-led design has become a defining factor for luxury buyers," Emma Lowe said.</p>

<p>"Purchasers increasingly value homes that enhance wellbeing through thoughtful design, private amenity, privacy and liveability."</p>

<p>The penthouse purchasers are now undertaking a bespoke customisation process curated personally by architect Pete Kennon and the Lowe Living team, one of the developer's signature service offerings.</p>

<p>Construction on the $160 million transformation of the former Brighton Savoy Hotel site commenced last month, with completion expected in early 2028. The project has secured funding from NAB alongside development partner Monark.</p>

<p>Just one penthouse remains available, along with a limited number of two and three-bedroom residences starting from $3.75 million.</p>

<p>Lowe Living currently has eight projects on the market across Melbourne and recently celebrated its 10th anniversary, having grown a $1 billion development pipeline alongside a $350 million construction pipeline.</p>

<p>&nbsp;</p>

<p>[smartcode_project_cta:default project_id=140818]</p>


Lowe Living set new Melbourne off the plan apartment record

Off the plan

<p>Off-the-plan properties offer buyers the opportunity to secure a property at today's prices and move in when the construction is completed.&nbsp;</p>

<p>However, before making an off-the-plan purchase, it is important to evaluate the developer's reputation and track record. A developer's reputation and track record can have a significant impact on the quality of the property, the completion of the construction, and the overall satisfaction of the buyer.</p>

<p>One of the first steps in evaluating a developer's reputation and track record is to research the developer's past projects. This can be done by visiting the developer's website, reading online reviews and testimonials, and checking out the developer's social media accounts. Look for information about the quality of the construction, the level of customer service, and any awards or recognition the developer has received.</p>

<p>Another important factor to consider is the developer's financial stability. A financially stable developer is more likely to complete the construction of the property on time and to a high standard. One way to check a developer's financial stability is to look at the developer's balance sheet and income statement. This information can be found on the developer's website or by contacting the developer directly.</p>

<p>It's also important to check if the developer has any history of legal disputes or consumer complaints. This can be done by checking the developer's record with consumer protection agencies or by searching online for news articles or court records. A developer with a history of legal disputes or consumer complaints may be a red flag and should be avoided.</p>

<p>Additionally, it's also advisable to check if the developer is a member of any professional organisations or industry bodies. This can be a good indication of the developer's commitment to quality and professionalism.</p>

<p>Another important aspect to consider is the developer's track record of delivering projects on time. Late completion of projects can cause significant inconvenience and financial losses for the buyers, so it's important to make sure that the developer has a good track record of delivering projects on time.</p>

<p>Lastly, it's important to have a clear understanding of the terms and conditions of the purchase. Review the contract thoroughly and make sure you understand the terms and conditions of the purchase, including the completion date, any warranties or guarantees, and the developer's responsibilities.</p>

<p>In conclusion, evaluating a developer's reputation and track record is an essential step in the process of buying an off-the-plan property.&nbsp;By researching the developer's past projects, financial stability, legal disputes, professional affiliations, track record of delivering projects on time, and understanding the terms and conditions of the purchase, buyers can make more informed decisions and reduce the risk of disappointment or dissatisfaction.<br />
&nbsp;</p>


A developer's reputation and track record can have a significant impact on the quality of the property, the completion of the construction, and the overall satisfaction of the buyer

Michael Bird

How to evaluate a developer's reputation and track record before making an off the plan property purchase

<p style="line-height:2.1; margin-bottom:20px">When buying off the plan, one of the biggest advantages is the ability to personalise your new home to suit your lifestyle and needs. From choosing the layout and finishes to upgrading features and fixtures, the options available can be overwhelming. However, with a little bit of planning and research, you can make the most of the personalisation options offered and create a space that truly reflects your unique style and preferences.</p>

<p>The first step in making the most of the personalisation options is to research the different floor plans and layouts available. Many off the plan developments will offer a range of options, such as one-bedroom apartments, two-bedroom apartments, and so on. It is important to consider your current and future needs when selecting a floor plan. For example, if you're planning to start a family in the near future, you may want to consider a larger layout with more bedrooms.</p>

<p>Another important aspect to consider when personalising your off the plan apartment is the finishes and materials used. From flooring and cabinetry to countertops and lighting, the choices available can be vast. It's important to think about the overall aesthetic you want to achieve, as well as the durability and maintenance of the materials. For example, if you want a low-maintenance option, you may want to consider a flooring material that is easy to clean, such as porcelain tile or engineered wood.</p>

<p>In addition to the floor plan and finishes, you may also have the opportunity to upgrade various features and fixtures in your off the plan apartment. These may include things like appliances, window treatments, and even built-in cabinetry. While these upgrades can add to the cost of your purchase, they can also increase the value and functionality of your new home. For example, upgrading to stainless steel appliances in your kitchen can add a modern touch and improve the overall aesthetic.</p>

<p>When it comes to personalising your off the plan apartment, it's important to keep in mind that the more upgrades and options you choose, the more it will cost. Therefore, it's important to prioritise what is most important to you and your budget. It's helpful to create a wish list of the items and features you want to include, and then to work with the developer or sales agent to find the best options that suit your budget.</p>

<p>When considering the personalisation options for your off the plan apartment, it's also important to think about the future resale value of your property. Some upgrades, such as high-end finishes and appliances, can increase the value of your property and make it more desirable to potential buyers. However, it's also important to consider that some personalisation options may be too unique or specific to your tastes and may not appeal to buyers in the future.</p>

<p>Another important aspect to consider when personalising your off the plan apartment is the layout of the common areas and amenities. Many off the plan developments offer amenities such as a gym, pool, and lounge areas. It's important to consider how these areas will be used and whether they align with your lifestyle and needs. For example, if you're an avid swimmer, a pool may be an important feature for you.</p>

<p>In conclusion, buying off the plan is a great opportunity to personalise your new home and create a space that truly reflects your unique style and preferences. With a little bit of planning and research, you can make the most of the personalisation options offered and create a home that you'll love. Prioritse your needs and budget, keep in mind the future resale value and don't forget to consider the layout of the common areas and amenities.</p>

<p><br />
&nbsp;</p>


The first step in making the most of the personalization options is to research the different floor plans and layouts available

How to make the most of the personalisation options offered when buying off the plan

<p>When it comes to buying off the plan, one of the most important steps is to research and compare different developments.&nbsp;</p>

<p>With so many options available, it can be overwhelming to decide which one is the best fit for you.&nbsp;</p>

<p>However, by following a few key steps and keeping a few key things in mind, you can make an informed decision and find the perfect off the plan development for you.</p>

<p>The first step in researching and comparing different off the plan developments is to set your priorities. Consider factors such as location, size, amenities, and price. For example, if you're looking for a new home that is close to your work or family, location will be a top priority.</p>

<p>If you're looking for a larger space to grow into, size will be a top priority. And if you're looking for a development with a lot of amenities, such as a pool, gym, or lounge areas, that will be a top priority.</p>

<p>Once you've established your priorities, it's time to start researching different off the plan developments.</p>

<p>When researching online, pay attention to the images and videos of the developments and their floor plans. These will give you an idea of the overall aesthetic and layout of the development. It's also a good idea to check out the developer's website and social media accounts, as they often post updates and information about their developments.</p>

<p>Another great way to research and compare different off the plan developments is to visit showrooms and display suites. These are physical spaces where developers and real estate agents showcase the different options available. Visiting a showroom or display suite allows you to get a sense of the finishes and materials used, as well as the overall aesthetic of the development.</p>

<p>You can also ask questions and get a better understanding of the options available.</p>

<p>When visiting showrooms and display suites, it's also a good idea to talk to the sales agent or developer about the development. They can provide you with information about the location, size, amenities, and prices of the development. They can also answer any questions you may have and provide you with information about the personalization options available.</p>

<p>Another important aspect to consider when researching and comparing different off the plan developments is the reputation of the developer. This is especially important if you're considering a development that is still in the pre-construction phase.</p>

<p>A good developer will have a track record of delivering high-quality developments on time and on budget. Before making a decision, it's a good idea to do some research on the developer's reputation. You can check the developer's website, read reviews and testimonials, and check the company's registration and licenses.</p>

<p>It's also important to consider the legal aspects of buying off the plan. Before making a purchase, it's a good idea to review the contract and disclosure statement. You should also get legal advice from a conveyancer or solicitor before signing anything. This will help you understand the terms and conditions of the contract, as well as the risks and responsibilities of buying off the plan.</p>

<p>In conclusion, researching and comparing different off the plan developments is an important step in the process of buying off the plan. By setting your priorities, researching online, visiting showrooms and display suites, talking to sales agents and developers, and considering the reputation of the developer, you can make an informed decision and find the perfect off the plan development for you.&nbsp;</p>

<p>Always keep in mind the legal aspects and get professional advice to protect your investment. Don't rush into making a decision, take your time and weigh all your options. Remember, buying off the plan is a big investment and it's important to find a development that meets your needs and fits your budget.&nbsp;<br />
With a little bit of research and planning, you can find the perfect off the plan development and create a home that you'll love for years to come.<br />
&nbsp;</p>


Always keep in mind the legal aspects and get professional advice to protect your investment

How to research and compare different off the plan developments

<p style="line-height:1.38">Deciding whether to rent or buy an apartment in Melbourne can be a tough decision, as both options have their own set of pros and cons.</p>

<p style="line-height:1.38">Here's a closer look at the benefits and drawbacks of both renting and buying an apartment in Melbourne:</p>

<h1>Pros of renting:</h1>

<h2>More flexibility</h2>

<p>Renting an apartment allows you to move more easily and without the burden of selling a property.</p>

<p>[smartcode_project:default project_id=3127 project_image_fid=181270]</p>

<h2>Lower upfront costs</h2>

<p>Renting generally requires a smaller upfront investment than buying, as you don't have to come up with a down payment or closing costs.</p>

<h2>Lower monthly costs</h2>

<p>In some cases, renting can be cheaper than buying on a monthly basis, especially if you're unable to afford a large mortgage payment.</p>

<h2>No maintenance costs</h2>

<p>As a renter, you're not responsible for maintaining the apartment or paying for repairs.</p>

<h1>Cons of renting:</h1>

<h2>Lack of control</h2>

<p>As a renter, you don't have control over the property and may have to deal with landlords who are unresponsive to your needs.</p>

<h2>Limited ability to make changes</h2>

<p>Renters are generally not allowed to make major changes to the property, such as renovations or additions.</p>

<h2>No equity</h2>

<p>When you rent, you're not building equity in the apartment or house you're renting.</p>

<h1>Pros of buying</h1>

<h2>Building equity</h2>

<p>When you buy an apartment, you're building equity in the property as you pay off your mortgage.</p>

<p>[smartcode_project:default project_id=110367 project_image_fid=199209]</p>

<p>This can be a good long-term investment, as the value of the property may increase over time.</p>

<h2>Control</h2>

<p>As a homeowner, you have more control over the property and can make changes and improvements as you see fit.</p>

<h2>Potential tax benefits</h2>

<p>Owning an apartment may offer tax benefits such as the ability to deduct mortgage interest and property taxes from your taxes.</p>

<p>[smartcode_project:default project_id=112971 project_image_fid=198408]</p>

<h1>Cons for buying</h1>

<h2>Higher upfront costs</h2>

<p>Buying an apartment requires a larger upfront investment, as you'll need to come up with a down payment and closing costs.</p>

<h2>Higher monthly costs</h2>

<p>In some cases, buying an apartment may be more expensive on a monthly basis than renting, especially if you have a large mortgage payment.</p>

<h2>Maintenance costs</h2>

<p>As a homeowner, you're responsible for maintaining the apartment and paying for repairs, which can be costly.</p>

<h2>Lack of flexibility</h2>

<p>Buying an apartment may limit your flexibility to move or change living arrangements, as you'll need to sell the property before you can move.</p>

<p>Ultimately, whether to rent or buy an apartment in Melbourne depends on your individual circumstances and financial goals. It's important to carefully consider both options and weigh the pros and cons before making a decision.</p>


There are both pros and cons between buying an apartment and renting one in Victoria's capital city

The pros and cons of renting vs buying an apartment in Melbourne

<p style="line-height:1.38">When searching for an apartment in Melbourne, it's important to consider the amenities that are most important to you.</p>

<p style="line-height:1.38">These amenities can greatly impact your daily life and overall enjoyment of your new home.</p>

<p style="line-height:1.38">Here are the top amenities to look for in an apartment in Melbourne:</p>

<h2>Location</h2>

<p>One of the most important amenities to consider is location.</p>

<p>[smartcode_project:default project_id=112174 project_image_fid=199603]</p>

<p>Look for an apartment that is conveniently located near your work, schools, public transportation, and other necessities.</p>

<h2>Size</h2>

<p>Consider the size of the apartment and whether it will meet your needs.</p>

<p>[smartcode_project:default project_id=112174 project_image_fid=199678]</p>

<p>Do you need a large apartment with multiple bedrooms, or are you looking for something smaller and more compact?</p>

<h2>Number of bedrooms</h2>

<p>Think about how many bedrooms you need and whether the apartment has enough space to accommodate your needs. If you have children or plan to start a family, you'll likely need more bedrooms.</p>

<h2>Parking</h2>

<p>Depending on your needs, you may want to look for an apartment that has dedicated parking or is located near public transportation. This can be especially important if you have a car or plan to get one.</p>

<h2>Storage</h2>

<p>Look for an apartment with ample storage space, such as walk-in closets, pantries, and additional storage units. This can be a big help in keeping your apartment organized and clutter-free.</p>

<h2>Kitchen</h2>

<p>The kitchen is an important room in any apartment, so consider whether the one in the apartment you're considering meets your needs.</p>

<p>[smartcode_project:default project_id=3127 project_image_fid=181987]</p>

<p>Look for features such as modern appliances, plenty of counter space, and ample storage.</p>

<h2>Bathroom</h2>

<p>The bathroom is another important room in an apartment, so look for one with modern fixtures, good lighting, and ample space. A master bathroom with a large shower or tub can be a nice luxury.</p>

<h2>Laundry facilities</h2>

<p>Consider whether the apartment has in-unit laundry facilities or access to shared laundry facilities. This can be a big convenience and save you time and money.</p>

<h2>Outdoor space</h2>

<p>If you enjoy spending time outdoors, look for an apartment with a balcony, patio, or shared outdoor space. This can provide a great place to relax and enjoy the fresh air.</p>

<h2>Security</h2>

<p>Security is an important consideration when it comes to choosing an apartment.</p>

<p>[smartcode_project:default project_id=3127 project_image_fid=181988]</p>

<p>Look for an apartment that has secure access, surveillance cameras, and other security features to ensure your safety.</p>

<h2>Fitness centre</h2>

<p>If you enjoy working out or want to stay active, look for an apartment that has a fitness centre or access to a gym. This can save you money on gym memberships and provide a convenient way to stay in shape.</p>

<h2>Swimming pool</h2>

<p>If you enjoy swimming or want to have the option to cool off during the warmer months, look for an apartment that has a pool.&nbsp;</p>

<p>[smartcode_project:default project_id=2929 project_image_fid=201020]</p>

<p>This can be a great amenity to have access to and can provide a fun way to relax and unwind.</p>

<h2>Social activities</h2>

<p>Some apartments offer social activities and events for residents, such as movie nights, game nights, or happy hours. If this is important to you, look for an apartment that offers these types of activities.</p>

<h2>Pet-friendly</h2>

<p>If you have a pet or plan to get one, look for an apartment that is pet-friendly. This may include features such as a dog park or designated pet areas.</p>

<h2>On-site maintenance</h2>

<p>Look for an apartment that has on-site maintenance staff to handle any issues that may arise. This can be a big convenience and ensure that any problems are dealt with quickly.</p>

<p>By considering these top amenities, you'll be well on your way to finding an apartment in Melbourne that meets your needs and enhances your quality of life.</p>


Amenities an greatly impact a residents' daily life

The top amenities to look for in an apartment in Melbourne

<p>When searching for apartments in Melbourne, the neighbourhood you choose can greatly impact your daily life and overall enjoyment of your new home.</p>

<p>Here are the top neighbourhoods for apartments in Melbourne:</p>

<h2>The Melbourne CBD</h2>

<p>The central business district (CBD) is the heart of Melbourne and a popular choice for apartment living due to its proximity to work, shopping, and entertainment.</p>

<p>[smartcode_project:default project_id=1260 project_image_fid=177635]</p>

<p>Apartments in the CBD tend to be more expensive than other areas of the city.</p>

<h2>South Yarra</h2>

<p>Located south of the CBD, South Yarra is a trendy neighborhood known for its fashionable boutiques, trendy cafes, and popular nightlife.</p>

<p>[smartcode_project:default project_id=3127 project_image_fid=181274]</p>

<p>It's a popular choice for young professionals and students due to its proximity to the CBD and excellent public transportation.</p>

<h2>St Kilda</h2>

<p>St Kilda is a beachside suburb located southeast of the CBD and a popular choice for families and beach lovers due to its excellent schools and outdoor recreational opportunities.</p>

<p>St Kilda is known for its laid-back atmosphere and popular tourist attractions such as St Kilda Beach and Luna Park.</p>

<h2>Carlton</h2>

<p>Carlton is a lively neighbourhood located north of the CBD and a popular choice for students and young professionals due to its proximity to the University of Melbourne and RMIT University. Carlton is known for its vibrant cultural scene and excellent dining options.</p>

<h2>Fitzroy</h2>

<p>Fitzroy is a bohemian neighbourhood located north of the CBD and a popular choice for young professionals and artists due to its edgy atmosphere and proximity to the CBD. Fitzroy is known for its vibrant street art, trendy cafes, and popular nightlife.</p>

<h2>Southbank</h2>

<p>Southbank is an upscale neighbourhood located south of the CBD and a popular choice for professionals and families due to its excellent amenities and proximity to the CBD.</p>

<p>[smartcode_project:default project_id=3260 project_image_fid=206134]</p>

<p>Southbank is known for its trendy restaurants, popular nightlife, and cultural attractions such as the Melbourne Arts Precinct.</p>

<h2>Prahran</h2>

<p>Prahran is a fashionable neighbourhood located south of the CBD and a popular choice for young professionals and students due to its proximity to the CBD and excellent public transportation.</p>

<p>Prahran is known for its trendy boutiques, popular nightlife, and excellent dining options.</p>

<h2>Richmond</h2>

<p>Richmond is a diverse neighbourhood located east of the CBD and a popular choice for families and sports fans due to its excellent schools and recreational opportunities.</p>

<p>&nbsp;</p>

<p>[smartcode_project:default project_id=95458 project_image_fid=201271]</p>

<p>Richmond is known for its excellent dining scene and popular sporting events at the Melbourne Cricket Ground and Melbourne Park.</p>

<h2>Brunswick</h2>

<p>Brunswick is a trendy neighbourhood located north of the CBD and a popular choice for students and young professionals due to its proximity to the University of Melbourne and RMIT University.</p>

<p>Brunswick is known for its bohemian atmosphere, popular nightlife, and excellent dining options.</p>

<h2>Northcote</h2>

<p>Northcote is a vibrant neighbourhood located north of the CBD and a popular choice for families and outdoor enthusiasts due to its excellent schools and proximity to the Yarra Valley. Northcote is known for its diverse dining scene, popular nightlife, and excellent parks and recreational facilities.</p>

<p>When considering these top neighbourhoods for apartments in Melbourne, it's important to think about your budget, lifestyle, and personal preferences. Take the time to explore different neighbourhoods and get a feel for each one to find the best fit for you.</p>


Which Melbourne neighbourhood is the best to live in?

The top neighbourhoods for apartments in Melbourne

<p style="line-height:1.38">If you're planning to buy an off-the-plan property in Melbourne, there are a few important things to keep in mind to ensure that you find a place that meets your needs and fits your budget.</p>

<p style="line-height:1.38">Here are the top tips for buying off-the-plan properties in Melbourne:</p>

<h2>Determine your budget</h2>

<p>Before you start looking for off-the-plan properties, it's important to determine your budget and what you can afford in terms of a down payment and monthly mortgage payments.</p>

<p>[smartcode_project:default project_id=112174 project_image_fid=199593]</p>

<p>Keep in mind that you'll also need to budget for closing costs, property taxes, and other expenses.</p>

<h2>Make a list of must-have amenities</h2>

<p>Think about the amenities that are most important to you and make a list of them.</p>

<p>[smartcode_project:default project_id=2929 project_image_fid=201005]</p>

<p>This could include things like a fitness centre, swimming pool, or outdoor space.</p>

<h2>Search online</h2>

<p>There are many websites and online platforms that can help you find off-the-plan properties in Melbourne.</p>

<p>These sites often allow you to filter your search by location, price, and amenities, which can make it easier to find the perfect place.</p>

<h2>Consider the location</h2>

<p>Location is an important factor when it comes to buying an off-the-plan property in Melbourne.</p>

<p>Look for a property that is conveniently located near your work, schools, and other necessities.</p>

<h2>Review the floor plans and renders</h2>

<p>When buying an off-the-plan property, it's important to review the floor plans and renderings to get a feel for the layout and design of the property.</p>

<p>[smartcode_project:default project_id=1260 project_image_fid=177987]</p>

<p>This will help you envision what the finished product will look like and ensure that it meets your needs.</p>

<h2>Get a mortgage pre-approval</h2>

<p>Before you start making offers on off-the-plan properties, it's a good idea to get a mortgage pre-approval from a lender.</p>

<p>This will give you an idea of how much you can afford and help you make more competitive offers.</p>

<h2>Make an offer</h2>

<p>Once you've found an off-the-plan property you're interested in, it's time to make an offer. Work with your real estate agent to come up with a competitive offer that takes into account the current market conditions and the seller's asking price.</p>

<h2>Get a contract review</h2>

<p>Before you finalize the purchase of an off-the-plan property, it's a good idea to have a lawyer review the contract to ensure that all of the terms and conditions are fair and in your best interests.</p>

<p>[smartcode_project:default project_id=3260 project_image_fid=206124]</p>

<h2>Finalise the purchase</h2>

<p>Once you've negotiated the terms of the purchase and had the contract reviewed, it's time to finalize the deal. This will require signing a purchase agreement and paying the down payment and closing costs.</p>

<h2>Wait for construction to be completed</h2>

<p>One of the biggest differences between buying an off-the-plan property and a traditional property is that you'll need to wait for construction to be completed before you can move in. Make sure you understand the estimated completion date and any potential delays that could impact that timeline.</p>

<p>By following these tips, you'll be well on your way to finding and buying the perfect off-the-plan property in Melbourne. While buying an off-the-plan property can require more patience and planning than buying a traditional property, it can also offer some unique benefits, such as the opportunity to customize finishes and take advantage of pre-construction pricing.&nbsp;</p>


If you're planning to buy an off-the-plan property in Melbourne, there are a few important things to keep in mind to ensure that you find a place that meets your needs

The top tips for buying off the plan properties in Melbourne

<p style="line-height: 1.38;">When buying a property, everyone needs to be aware of the additional costs that come as part of the buying process.</p>

<p style="line-height: 1.38;">Often the largest outlay, after the deposit which goes to the bank, is stamp duty.</p>

<h2 style="line-height: 1.38;">What is Stamp Duty?</h2>

<p>Stamp duty is an extra tax to pay the government when you buy land, a property, and other certain assets.</p>

<p>It happens when the legal ownership is transferred. It can also be known as property transfer duty or transfer duty.</p>

<p style="line-height: 1.38;"><iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="415" src="https://www.youtube.com/embed/C32BWkB5--c" title="YouTube video player" width="660"></iframe></p>

<h2>Who pays Stamp Duty?</h2>

<p>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.</p>

<h2>How much does Stamp Duty cost?</h2>

<p>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.</p>

<p>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!</p>

<p>Overall, the stamp duty you need to pay will depend on:</p>

<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>

<p style="line-height:1.38">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.</p>


Ellen Walker

Off-the-plan property explained: What is stamp duty?

<p>Plans for a new luxury tower on one of Palm Beach's best streets have been re-jigged.</p>

<p>There were approved plans for a nine-level, clam shell-inspired building designed by Contreras Earl at 215-217 Jefferson Lane, which were signed off in November last year.</p>

<p>But since then the amalgamated 817 sqm corner site with 20 metre frontage to both Jefferson Lane and Thirteenth Avenue has sold, for $13.51 million through Kollosche, and now the plans have been tweaked.</p>

<p><img alt="Palm Beach tower" data-entity-type="file" data-entity-uuid="ec9d4876-9684-4ffd-9efb-5d8ed9b0d9eb" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202022-10-31%20at%2010.28.36%20am.png?VersionId=jfYecwzx7qBRkSbVuTVUYljYHbjpRqu1" /><br />
<em>The former plans by Contreras Earl</em></p>

<p>The new plans were filed by a company tied to Sydney-based lawyer Pierre Saab, who runs Macquarie Law.</p>

<p>BDA designed the new tower, with a few changes to some of the internal configurations and the facade. They have added an&nbsp;open rooftop level which will be the communal space for residents.</p>

<p>That frees up the ground level where BDA are proposing another apartment, taking the total apartments from eight to nine.</p>

<p>"Notwithstanding, the development retains almost identical setbacks, site cover, and landscaping and remains compliant with the provision of parking and servicing as per the original approval," the report by town planner Zone Planning Group read.</p>

<p><img alt="Palm Beach tower" data-entity-type="file" data-entity-uuid="ec0a41e0-6502-46f1-8c99-76daeb99bc38" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202022-10-31%20at%2010.28.42%20am.png?VersionId=rvFo_UD_tSwiej7Ox2BGhBrB51W5g6Fa" /><br />
<em>The new plans by BDA Architecture.</em></p>

<p>"The proposed change is not anticipated to generate additional impacts beyond the boundaries of the site, compared to what was deemed acceptable by Council under the previous approval.</p>

<p>"In summary, the amended development is considered appropriate for the location providing a contemporary and functional design outcome that will complement and enhance the existing and emerging urban forms in the general locality, without unduly impacting the amenity currently enjoyed by surrounding properties."</p>

<p>The dwelling on 215 Jefferson Lane has recently been demolished, but the two-level duplex at 217 Jefferson Lane still stands.</p>


There were approved plans for a nine-level, clam shell-inspired building designed by Contreras Earl at 215-217 Jefferson Lane


First look: New plans for luxury Jefferson Lane, Palm Beach apartment development

<p>Arguably floor plans matter more in off the plan property than any other type of property.</p>

<p>In established markets, the floorplan is the floor plan. That's it, barring renovations.</p>

<p>But in the off the plan market, there a number of factors to consider when analyzing floor plans, and a number of questions to ask agents and developers when discussing buying an off the plan property.</p>

<p>First there's the floor plan size.</p>

<p>Floor plan sizes advertised by agents or developers can differ hugely state by state, so it's important to understand whether you are being pitched a property's internal size, or total size.</p>

<p>Internal size is the measurement of the internal floor area of an apartment, and is typically measured in square metres (m²). External size is the measurement of the external dimensions of an apartment, be it a courtyard or a balcony, but sometimes it can include a parking space or storage cage.</p>

<p>Generally, off the plan apartments are advertised with their internal size, as this is the size that you will have to work with when furnishing and decorating your new home. It's important to be aware of external size, however, as this will give you an indication of the overall size of the building and how much outdoor space you will have access to.</p>

<p>When considering internal vs external size, it's important to keep in mind that internal size may vary slightly from the advertised size due to the internal walls of the apartment. External size, on the other hand, is usually accurate to the advertised size as it's based on the overall dimensions of the building.</p>

<p>Another thing to consider when analyzing floor plans in off the plan property is that floor plans aren't necessarily set.</p>

<p>The majority of developers, providing construction is still at its early stages, will allow buyers to customize their floor plan to suit their lifestyle.</p>

<p>It might be that you want to move a bedroom or bathroom, or re-orientate the living area. This generally isn't a problem for developers as long as the moving of internal walls doesn't impact the building structurally, and the redesign all occurs within the same floor plate size of the original apartment.</p>


In the off the plan market, there a number of factors to consider when analyzing floor plans, and a number of questions to ask agents and developers

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