Perth’s new apartment market recorded its strongest quarter of sales since Q4 2021, with 412 apartments sold in Q1 2026 and a record quarterly sold value of $537 million, according to Urbis’ latest Apartment Essentials results.

Urbis said the March quarter result reflects strong, highly product‑specific demand across both ends of the market, from more attainable projects delivering at scale, through to premium stock being absorbed by equity‑rich downsizers.&nbsp;

David Cresp, Partner at Urbis, said the key story in Perth is not demand, it is the market’s ability to convert demand into delivered housing.&nbsp;

“This is the strongest sales quarter since Q4 2021, and it reinforces that demand in Perth is real and it’s local,” David Cresp said. “But the task now is delivery, turning that demand into projects that can actually be built and completed.”&nbsp;

[smartcode_project:default project_id=110291 project_image_fid=302785]

<h2>Affordable product leads, premium demand remains resilient</h2>

Sales in Q1 were led by more affordable projects, with The Boulevard (SKS Group) recording 115 sales in the quarter, the presentation noting this is only the second time a single project has surpassed 100 quarterly sales. The project was able to offer more affordable housing product right next to a train station.&nbsp;

Palmyra West (Finbar) also delivered strong results with 28 sales in Q1, following 84 sales in Q4, with an average price of under $800,000, underscoring depth of demand for well‑located, attainable new stock.&nbsp;

At the premium end, Urbis said downsizer demand is continuing, with the results highlighting Romeo (Applecross, Finbar) recording 75 sales and reaching almost 50% sold in one quarter.

Jual (Shenton Park, Celsius Property) also posted a strong quarter with 28 sales, reaching 39% sold in one quarter.

Urbis noted that Perth apartment demand is not speculative, not investor‑led, and not uniform, describing it as localised, often equity‑driven and highly product‑specific, a pattern reflected in the polarisation between strong “attainable” performers and premium downsizer product.&nbsp;

[smartcode_project:default project_id=148957 project_image_fid=364102]

<h2>Prices underpinned by costs, and the delivery risk is growing</h2>

Urbis said pricing pressure is cost not demand‑driven: construction costs and delivery risk are now a central constraint, with the results noting build costs remain elevated and volatile, and that energy, fuel and labour uncertainty weigh on feasibility.

David Cresp said a growing challenge for private Build‑to‑Sell developers is simply securing a builder in the current environment.

“Developers are really feeling the pressure from a building market that was operating at capacity and securing a builder is challenging,” David Cresp said, adding that even where a builder can be secured, “trying to get to the price that makes the development financially viable is incredibly challenging in the current market.”&nbsp;

Urbis’ broader WA commentary also notes that industry remains at or above capacity with lot and housing creation, and that many builders are limiting new sales to manage stretched workforces and fixed‑price contract pressures, conditions that flow directly into apartment feasibility and delivery timing.

[smartcode_project:default project_id=108869 project_image_fid=317905]

<h2>Supply: improving later, but still constrained, and Perth lags eastern benchmarks</h2>

While near‑term supply remains constrained, Urbis’ forecast shows completions lifting “Supply is forecast to be back above 1,500 apartments per annum for the first time since 2019”, with 1,775 completions forecast for 2026, and volumes remaining above that level over the following years.&nbsp;

Looking further ahead, completions are forecast to reach 2,500 in 2028, with the report noting 32% of that total is social/affordable, reflecting the role of government‑supported delivery in rebuilding the pipeline.&nbsp;

However, Urbis said Perth remains behind comparable markets on pipeline scale. In a national comparison of projects under construction, the report shows under construction Perth Build‑to‑Sell (BTS) at 3,446 apartments versus the Gold Coast at 7,922. Mr Cresp said “The challenge for Perth is how to we grow the delivery pipeline”.

Urbis’ conclusion is that Perth’s market is increasingly defined by product discipline and delivery certainty, with the research identifying “delivery certainty is key” and calling out builder risk and procurement models as core success factors, alongside “timing and staging”.&nbsp;

Joel Robinson

Perth apartment sales hit strongest pace since late 2021 as builder capacity tightens

<a href="https://www.apartments.com.au/developers/sammut-developments">Sammut Group</a> has secured development approval for its latest Brisbane apartment project, marking the Sydney developer’s next step in expanding its Queensland pipeline following the success of its debut Gold Coast development, Coast.

The approved project at <a href="https://www.apartments.com.au/new-apartments/44-glen-road-toowong-qld-4066">44 Glen Road, </a><a href="https://www.apartments.com.au/developments/toowong-qld-4066">Toowong</a> will deliver a 15-storey riverfront apartment building with 42 residences, significantly increasing the scale of the site’s previous approval for a smaller luxury scheme. Designed by Bureau^proberts, the development will comprise a mix of predominantly four-bedroom and two-bedroom apartments positioned to maximise Brisbane River and city views.

Sammut Director Julian Sammut said the group had been actively searching Brisbane for several years before identifying Toowong as the right fit.

“Brisbane was the right step for Sammut,” Sammut said.

“With the success of Coast we thought we should definitely look to do more in Queensland alone. We then pushed up to look at Brisbane. We've been looking for I'd say two to three years actually and it was hard to find the right location.”

<img alt="Sammut makes Brisbane apartment play" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_75/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screenshot%202025-12-23%20at%203.27.14%E2%80%AFPM.png?VersionId=dYAVIL7qdcGA8ojvkslSrLjczXFejSSx" />

Sammut said suburbs including New Farm and Teneriffe were considered before the group ultimately focused on Toowong due to its strong downsizer demographic and limited supply of developable riverfront land.

The site was acquired off-market after what Sammut described as a lengthy negotiation and planning process, with the developer pursuing an uplift to the original approval.

“We are DA approved now which is very exciting,” Sammut said.

“We've had our change approval come through and we've obviously doubled the height, 15 storeys plus rooftop. We've got 42 amazing apartments that are going to be coming to market soon.”

<img alt="Sammut makes Brisbane apartment play" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-12-23%20at%203.27.26%E2%80%AFPM.png?VersionId=ohkRkY0dIZlqdfME2EZePsCQavRiBadE" />

Bureau^proberts said the design responds to Toowong’s evolving urban character, balancing contemporary apartment living with the area’s established residential identity.

“A place where traditional Queensland living has taken place for centuries; Toowong is seeing a shift of contemporary influence, commercial and retail hubs mixed with well-considered residential offerings – all the while maintaining its character and charm,” the architect noted in planning documents submitted to Brisbane City Council.

The architecture practice said the project’s form was shaped by its riverfront setting, flood considerations, neighbouring building scales, and view corridors.

“They said the mix of four and two-bedroom apartments capture the ‘fundamental qualities of Queenslander living,’ translated into the context of a contemporary subtropical building.”

The development sits just off Coronation Drive within walking distance of Toowong’s retail precinct and the upgraded Regatta ferry terminal, while also benefiting from proximity to the incoming green bridge connection to West End. Sammut said the accessibility and amenity offering were central to the site’s appeal.

The approval adds to growing residential activity along the Toowong riverfront, joining nearby projects including Consolidated Properties’ Monarch Residences and Spyre Group’s ARC Residences.

Sammut secures approval for debut Brisbane apartment development in Toowong

Developer Lanevick is heading back into Sydney’s apartment market after focusing more heavily on the luxury townhouse and terrace sector in recent years.

Lanevick, founded and directed by Steve Maroun, is expecting to receive approval in the coming months for a new apartment development in Gladesville, with the aim to launch it to the market later this year.

The 51-apartment project, designed by Studio Johnston, will comprise a mix of one-, two-, and three-bedroom apartments positioned toward the Hunters Hill downsizer market.

“Traditionally it’s been difficult for people in that market to downsize because there just hasn’t been the right product available,” Maroun said.

“We’re targeting buyers who might have 30 to 40 per cent of their house value sitting in the bank after downsizing.

“They still want good spacious entertaining areas, they still want quality design, but they also want flexibility and the ability to enjoy life a bit more after working hard for a long time.”

The project sits near Boronia Park and within close proximity to the Parramatta River foreshore, an area Maroun says offers more of a Hunters Hill lifestyle than a traditional apartment precinct.

“From a lifestyle perspective, it’s really more Hunters Hill than Gladesville,” Maroun said. “You’re close to the foreshore, close to parklands, and still connected back into the village precinct.”

From level four and above, apartments will capture water views&nbsp;toward Sydney Harbour. Communal amenity will include rooftop entertaining areas, wellness spaces, and a gym tailored toward owner-occupier buyers.

“We’ve really designed these apartments around that buyer coming from the Hunters Hill LGA and what they’re actually looking for in their next chapter.”

The proposed development has also been designed to respond to the changing character of the broader Gladesville town centre, where a growing number of mixed-use and residential proposals are expected to emerge over the coming years.

“Gladesville presented a rare opportunity to deliver a genuinely design-led residential project within an evolving lifestyle precinct, just moments from the growing Gladesville town centre, and we’ve approached the project with a strong focus on architecture, liveability and long-term community value,” Maroun said.

Maroun said Lanevick saw a first-mover advantage within the precinct as planning controls continue to evolve to accommodate greater housing density.

“We think there’s a real opportunity there that hasn’t really been serviced properly yet,” he said.

“There’s going to be a broader evolution of the whole Gladesville village precinct over time, particularly with more activation and mixed-use outcomes.”

The Venus Street proposal will include a commercial and retail component at ground level designed to contribute to that evolving streetscape activation.

“A big part of the thinking was how do you activate that area properly and create more vibrancy and amenity, which is what Hunters Hill has been looking for,” Maroun said.

Lanevick’s focus since 2020 has largely been on smaller-scale luxury townhouse and terrace developments. The developer recently completed Royale Randwick, also designed by Studio Johnston, where prices reached $3.65 million. The project was featured in the UDIA NSW 2026 Professional Development Prospectus and was also named a finalist for Development of the Year.

&nbsp;

Lanevick to cater for Hunters Hill downsizers with new Gladesville apartment development

Property developer One Living, backed by former Macquarie banker turned investment manager Chris Green’s investment firm, has unveiled plans to bring more institutional capital into housing to help address the national supply crisis.

The New York-based investor has focused his firm, GreenPoint Partners, on addressing the supply shortage hitting middle market housing in Australia.

It is backing the new One Living business to develop more than 1000 units along the eastern seaboard. The new firm is starting with a development on Mona Vale Road, on the border of Mona Vale and Pymble, in Sydney’s Northern Beaches, with around 140 apartments planned. They are eyeing off more sites across the city.

With cost pressures rising in the industry, One Living’s model is to be a vertically integrated developer-builder, so it can respond directly to the housing gap by removing the cost inefficiencies embedded in traditional residential delivery.

“We are building a platform designed to operate at scale and starting in a market where there’s a clear need for quality, attainable housing,” One Living joint managing director Joseph Scuderi said.

“It’s that missing middle – it’s that attainable end of housing… that’s what most Australians invest into and what Australians can actually afford.”

<img alt="Mona Vale" data-entity-type="file" data-entity-uuid="798dfa93-4941-4db6-a696-31e9dc18e81c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-28%20at%202.31.50%E2%80%AFPM.png?VersionId=mKBqi5C_DmeiXS.AtJkcR8LQIxqCqmFi" />

GreenPoint Partners brings years of experience assembling and scaling real estate operating businesses across major markets. And Green sees a big opportunity in Australia.

“For its size, sophistication and importance to the community, Australia’s living sector has remained largely under-institutionalised, which represents significant opportunity,” Green said. “GreenPoint identified that gap, assembled the right team, and is backing One Living to build a platform that is aligned to market needs.”

Green said being a builder-developer would give the company the capacity and flexibility it required to deliver reasonably-priced homes.

“We want it to be at that attainable level; not super high end luxury but at that attainable level,” he said.

<img alt="Mona Vale" data-entity-type="file" data-entity-uuid="74a5344a-4b26-4d4a-ada3-056b1220be77" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-28%20at%202.32.15%E2%80%AFPM.png?VersionId=vY8hXHO4reBMdO8ZXMWCNtGZJofUPQ3j" />

&nbsp;

One Living will undertake a component of affordable housing in its schemes, which it will own and operate, and it could also run build-to-rent on some sites.

Green praised local policy settings.

“The NSW government is being very supportive, strategic and pragmatic in terms of how do we generate more supply of housing,” he said. “We think it’s actually positive for development and the bit that’s been lacking at that attainable level is that it’s lots of relatively small private developers, whereas we want to create an institutional platform.”

One Living is also&nbsp;looking at high-density projects and could take on more institutional funding in the future.

“The way we will be able to achieve economies of scale is through size,” Green added.

One Living enters Sydney's new apartment market with Northern Beaches site acquisition

It's been several years since there's been an opportunity to buy a brand new townhome in Melbourne's coastal suburb of Mordialloc. Even apartment developments in recent times have been few and far between in the area.

Local developer LDS Property identified the gap in new housing, securing a site on White Street, directly opposite&nbsp;Woodlands Golf Club Mordialloc. They've recently launched&nbsp;<a href="https://www.apartments.com.au/new-townhouses/wm-residences-mordialloc-102-white-street-mordialloc-vic-3195">WM Residences</a>, just 13 townhouses which they have already started building.

Projects by Buxton Director Heath Thompson, who is selling WM Residences, says the townhouses x that perfect middle ground be

"Mordialloc residents have had limited options to downsize within the suburb, often forcing them to look elsewhere despite long-standing ties to the area," Thompson says.

"With very little comparable new supply coming to market, projects like WM Residences are well placed, particularly as buyers look to capitalise on current conditions amid constrained supply."

[smartcode_project:default project_id=134646 project_image_fid=6109]

The development, designed by regarded architecture firm&nbsp;<a href="https://www.apartments.com.au/architects/ewert-leaf">Ewert Leaf</a>,&nbsp;adopts a deliberately restrained architectural approach, focusing on simplicity, durability and liveability rather than overt design gestures.

The boutique scale is central to the offering. With only 13 three-bedroom residences, each home is configured to prioritise functional layouts and everyday use, supported by private terraces and secure two-car garages.

Ewert Leaf’s design response leans into a calm, neutral material palette. Interiors are defined by oak flooring, white walls and soft finishes, creating a consistent and understated backdrop. The approach avoids trend-driven detailing in favour of longevity, with an emphasis on natural light and spatial clarity.

[smartcode_project:default project_id=134646 project_image_fid=6110]

Beyond aesthetics, the homes are designed to meet contemporary performance expectations. Each residence targets a minimum 6-star energy rating, incorporating double glazing, comprehensive insulation and all-electric Bosch appliances.

The project’s location supports a walkable coastal lifestyle, sitting within close proximity to Mordialloc’s foreshore, Main Street retail strip and the train station. Local cafés and dining venues, including Suburbia Deli and Hendriks Café, are within a short walk, reinforcing the area’s established neighbourhood character.

[smartcode_project:default project_id=134646 project_image_fid=6116]

While <a href="https://www.apartments.com.au/developments/mordialloc-vic-3195">Mordialloc</a> is often defined by its beach and pier, the project taps into other areas of day to day living, offering easy access to local food, casual dining and transport, rather than positioning itself purely as a lifestyle retreat.

WM Residences reflects a continued trend across Melbourne’s coastal suburbs towards smaller-scale, design-led townhouse developments, particularly on infill sites where proximity to amenity is already established.

With construction commenced prior to its market entry, the project aligns with a growing preference among buyers for developments with visible progress and defined delivery timeframes.

[smartcode_project_cta:default project_id=134646]

WM Residences fills gap in Mordialloc townhouse market

Victorian Government

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Whether you’re looking to purchase a new or existing home, first home buyers will be glad to know they can still take advantage of the Victorian Government’s stamp duty exemptions.

Unlike the NSW Government’s First Home Buyers Assistance scheme (FHBAS), the Victorian Government’s stamp duty-exempt thresholds are the same for both new and existing homes.

The exemption, which came into effect on July 1, 2017, abolishes stamp duty for first home buyers purchasing a property valued at $600,000 or less.

To assist you in your search, Urban takes a look at six apartments you can secure with no stamp duty payable, which could effectively erase barriers to home ownership for many. 
 

1. 661 Chapel Street, South Yarra 
Address: 661 Chapel Street, South Yarra VIC 3141 
One-bedroom apartments from $546,000

[smartcode_project:default project_id=600]

661 Chapel Street is one of Melbourne’s latest luxury developments with 116 one, two, three and four-bedroom residences across 30 floors.

Developed by Gamuda Land and designed by Bird de la Coeur Architecture, among the project’s extensive hotel-inspired resident amenities is a concierge, gym, winter garden and members’ lounge, as well as a 25-metre pool and library. 
 

2. Melbourne Quarter, Docklands 
Address: 628 Flinders Street, Docklands VIC 3008 
One-bedroom apartments from $458,000

[smartcode_project:default project_id=3459]

Lendlease's Melbourne Quarter also lets first home buyers enjoy stamp duty savings whilst delivering a blinds package on brand-new, ready-to-move-in apartments.

Designed by the award-winning Fender Katsalidis, the project includes a hotel-style lobby, concierge and exclusive access to three whole floors of resort-style amenities at Club MQ, such as a multi-use space, pool, theatrette and library. 
 

3. Moreville, Footscray 
Address: 12-18 Napier Street, Footscray VIC 3011 
Two-bedroom apartments from $595,000

[smartcode_project:default project_id=2060]

Located at 12-18 Napier Street, Moreville boasts a collection of 43 apartments designed by Moull Murray Architects, offering open-plan floorplans, terraces and numerous amenities.

The residence’s façade has been inspired by Footscray’s traditional building styles, where contemporary design meets industrial chic. Sering Urban are developing the block. 
 

4. Parkhill Apartments, West Melbourne 
Address: 408 Spencer Street, West Melbourne VIC 3003 
One-bedroom apartments from $479,000

[smartcode_project:default project_id=27406]

Central Equity’s Parkhill offers buyers the chance to save up to $43,000 on stamp duty exemptions in the West Melbourne development.

The project developer is additionally matching the HomeBuilder Grant to save buyers $30,000.

Amenities offered alongside each residence include a rooftop gym for residents, a relaxing rooftop garden and a seven-day concierge service. 
 

5. Sixth Avenue, Chelsea Heights 
Address: 15 Sixth Avenue, Chelsea Heights VIC 3196 
Two-bedroom townhouses from $599,000

[smartcode_project:default project_id=32136]

First home buyers can still take advantage of the stamp duty concessions for brand new townhouses.

The 59-townhouse development, Sixth Ave, delivered by Aultun Group and designed by Point Architects, provides perfect bayside living with an endless array of retail, dining and recreational amenities, as well as two-storey designs and expansive private courtyards. 
 

6. Magnolia at St. Boulevard, Melbourne 
Address: 601 St Kilda Road, Melbourne VIC 3004 
One-bedroom apartments from $555,000

[smartcode_project:default project_id=1260]

Developed by the Shakespeare Group, St. Boulevard offers a multitude of exclusive facilities for its residents and among its three buildings is Magnolia.

The Elenberg Fraser-designed apartment delivers private kitchens and dining room, climate-controlled wine storage and a health club and spa featuring body jet showers, a sauna and steam rooms.

Designed around three signature trees, Magnolia, Anaca and Ginko, the residence presents a place to gather with friends or seek quiet moments of solitude.
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Urban takes a look at six apartments you can secure with no stamp duty payable, which could effectively erase barriers to home ownership for many

max.kwok_55688

Save thousands: Melbourne apartments you can buy without paying stamp duty

<html><body>
Local government areas (LGAs) are struggling to accommodate the <a href="https://www.propertyobserver.com.au/https://www.abc.net.au/news/2020-11-22/victoria-public-social-housing-build-local-council-rules/12907336">growing demand for housing in Victoria</a> – a problem which the Victorian Government are planning to address with an investment boost of $5.4 billion.

The Government's plan is to replace obsolete properties and construct 12,000 new homes, providing more social and affordable housing. This funding will, in turn, provide 10,000 jobs each year over four years. 

<h2>Current projects underway</h2>

Bills Street, Hawthorn - The site is prepped and ready for new developments to commence construction once the planning application is approved.

Dunlop Avenue, Ascot Vale - Planning permit has been issued earlier this year.

Elizabeth Street, North Richmond - The new buildings to be established in the vicinity of 147 - 161 Elizabeth Street in Richmond will deliver well designed, safe, secure and modern social and affordable housing. 

Markham Avenue, Ashburton - The site is prepped and ready for development to begin. The new homes will be located next to existing parklands.

Tarakan Street, West Heidelberg - Redevelopment for improved open space is planned for this site.

Victoria Street, Flemington - A new residential development will offer affordable homes due to demand.

<h2>21 LGAs the Government is requesting submissions for:</h2>

<ol>
<li>
	Bendigo
	</li>
	<li>
	Macedon
	</li>
	<li>
	Ballarat
	</li>
	<li>
	Moorabool
	</li>
	<li>
	Melton
	</li>
	<li>
	Wyndham
	</li>
	<li>
	Geelong
	</li>
	<li>
	Shepparton
	</li>
	<li>
	Mitchell
	</li>
	<li>
	Whittlesea
	</li>
	<li>
	Maroondah
	</li>
	<li>
	Casey
	</li>
	<li>
	Cardinia
	</li>
	<li>
	Hume
	</li>
	<li>
	Brimbank
	</li>
	<li>
	Maribyrnong
	</li>
	<li>
	Port Phillip
	</li>
	<li>
	Moreland
	</li>
	<li>
	Darebin
	</li>
	<li>
	Whitehorse
	</li>
	<li>
	Boroondara
	</li>
</ol>
The new initiative will complement the $500 million building works programme, which aims to give the construction industry extra employment security post-COVID-19.
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Olivia Round

Fast-start project: Victoria's $5.4 billion Big Housing Build

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Since opening in 2002, Federation Square has welcomed approximately 10 million visitors each year and is home to several of Melbourne’s cultural institutions including Flinders St Amphitheatre, Australian Centre for the Moving Image (ACMI) and The Ian Potter Centre: NGV Australia.

In April earlier this year, the Victorian Government announced that they would be exploring ways to future-proof the precinct. The review aims to reconsider accessibility of Federation Square, creation of more public and commercial spaces, inspire public gathering and to deliver better access to the Yarra River, transport links, as well as sports and cultural precincts.

The year-long review process has recently reached Stage 1, which has now opened up the project for discussion with 'community consultation'. The feedback phase will run for two months before ideas are pitched to stakeholders.

To date, some of the requests include the following:

<ul>
<li>Urban organic vertical garden</li>
	<li>A large and welcoming public library</li>
	<li>More green spaces</li>
	<li>Move the carpark</li>
	<li>Create seating for people to relax near the river</li>
	<li>More shade</li>
	<li>Creation of a culture and history museum</li>
	<li>Ice skating rink</li>
	<li>Replace paving with lawn</li>
	<li>Fountain or sculpture</li>
	<li>Plant more trees</li>
	<li>Improve the overall connection between zones of the precinct</li>
	<li>Multi-generational friendly spaces</li>
	<li>Install drinking fountains</li>
	<li>Retractable dome roof so the plaza can be used year-round</li>
	<li>Solar implementation</li>
</ul>
While <a href="https://engage.vic.gov.au/federation-square-review">many also commented</a> that they would like Federation Square to be left as-is.

<blockquote>
“Just let it be. It doesn’t have to be an activity destination. Allow it to keep evolving organically as an integral fabric of our city.”
</blockquote>

Others also placed emphasis on cultural, arts, literary and entertainment offerings.

<blockquote>
“Make it primarily a meeting place. Events-driven. Rotate new pop up restaurants every season to showcase Melb gastronomy (keeps it fresh).”
</blockquote>

<blockquote>
“Draw on the local Indigenous culture. Showcase different aspects of Melbourne. Make it a fun and interesting place that isn’t just concrete”
</blockquote>

<blockquote>
A weekly farmers market on a weekday. Compare it to somewhere like Union Square in New York. Better quality food on offer.”
</blockquote>

<blockquote>
“A new public library with the capacity to provide visitor services. It will drive visitation, increase activation and support community life”
</blockquote>

<blockquote>
“A museum of Australian Architecture or an international tramways museum”
</blockquote>

<blockquote>
“Free water fountains for summer to help reduce waste. More shade. More focus on Australian artists.”
</blockquote>

<blockquote>
“Make it the cultural hub Melbourne is missing! There is Acmi and Ian Potter already. Build on this for a place for exhibits, concerts, talks”
</blockquote>

Share your thoughts on the Federation Square Review in the comments below.

Commentary sourced from <a href="https://engage.vic.gov.au/federation-square-review">Federation Square Review</a>. Lead image credit: Urban Developer.
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The Victorian Government invite the public to share ideas for Federation Square Review

<html><body>
The Andrews Labor Government have just announced a brand-new funding scheme which aims to protect hundreds of vulnerable Australians who live in apartment buildings with hazardous cladding.

A $600 million fund will be administered by a newly-formed body, Cladding Safety Victoria and will strive to rectify at least 500 buildings with high-risk, combustible cladding, with an outlook to raise the additional $300 million over the next five years to cover more buildings which have been deemed unsafe.

The rectification project was recommended by the <a href="https://www.planning.vic.gov.au/building-policy/victorian-cladding-taskforce">Victorian Cladding Taskforce</a> in their most recent report. The Taskforce previously suggested that the Victorian Government ban the use of aluminium cladding panels that have a polyethylene core of more than 30% and expanded polystyrene that is used on buildings with 3 or more levels, and the policy was passed March 2018.

Premier Daniel Andrews commented that the world-first initiative would fix “most buildings at risk” and help protect residents of Victoria against the danger of non-compliant building materials.

<blockquote>
“Combustible cladding is a national problem and we want the Federal Government to be part of the solution here in Victoria.”
</blockquote>

Premier Daniel Andrews

So far, The Taskforce has identified 15 properties which will be first on the list to undergo remedial works. Cladding Safety Victoria will also be contacting owners corporations and property owners to investigate which buildings are at the greatest risk. The government also plan to revise the Building Code to decipher what legislative changes are required in order to provide better protection for all.

<blockquote>
“This isn’t just about safety, it’s about fairness for people who bought apartments in good faith and were let down by dodgy builders or dangerous building products.”
</blockquote>

Minister for Planning Richard Wynne

The Taskforce has suggested that the Victorian Government seek financial contribution from the Commonwealth due to the problem affecting buildings nation-wide.

Lead image: Lacrosse Tower in Docklands, Credit: The Urban Developer
</body></html>

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