<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.

[smartcode_project:default project_id=509 project_image_fid=368872]

The tower will rise behind the retained heritage building at 640 Bourke Street, placing residents within walking distance of Southern Cross Station, Flagstaff Gardens, Queen Victoria Market and the Docklands waterfront.

With construction scheduled to begin in October, Far East Consortium has established an onsite display gallery at 640 Bourke Street, including fully built apartments that allow the project's layouts, materials and finishes to be inspected at full scale.

A fully built Eliza Collection apartment is also available to view at the display suite by appointment ahead of the planned October construction commencement.

Eligible purchasers who buy before construction commences can secure the full available off-the-plan stamp duty savings, subject to eligibility and applicable conditions.

[smartcode_project_cta:default project_id=509]

Joel Robinson

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

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

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

Nearly 40 years after <a href="https://www.apartments.com.au/developers/sheida-group">The Sheida Group</a> began working on the northern Gold Coast, the family-owned developer is continuing its involvement in Hope Island with Marina Point Apartments, where apartment scale has been a central part of the development.

Across the 235-apartment waterfront community, the developer has prioritised larger floorplans, substantial open space and marina access, responding to a purchaser base that has predominantly comprised local owner-occupiers and downsizers moving from larger homes.

"Having already delivered Anchorage nearby, we also understood this particular market and how people live here," developer Rick Sheida said.

"<a href="https://www.apartments.com.au/new-apartments/marina-point-apartments-hope-island-66-view-line-terrace-hope-island-qld-4212">Marina Point&nbsp;Apartments</a> gave us the opportunity to build on those lessons and create the next evolution of our work in Hope Island."

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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.

[smartcode_project_cta:default project_id=136992]

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

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

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

<a href="https://www.apartments.com.au/developers/s-p-setia">SP Setia</a> has lodged plans for a $750 million, three-tower mixed-use precinct that would complete the long-running redevelopment of Carlton's former Carlton United Breweries site.

The proposal at <a href="https://www.apartments.com.au/new-apartments/185-195-queensberry-street-carlton-vic-3053">46-78 Bouverie Street and 185-195 Queensberry Street</a> spans a 6,468 sqm site, the last remaining undeveloped parcels within the former brewery's 2007 masterplan.

Designed by <a href="https://www.apartments.com.au/architects/cox-architecture">COX Architecture</a>, the development will comprise two purpose-built student accommodation towers and a third build-to-sell apartment tower above a shared commercial podium and basement.

Across the three towers, SP Setia is proposing 606 build-to-sell apartments and 1,499 student accommodation units containing 2,009 beds.

The apartments will sit in the tallest tower, which will rise nearly 200m and 55 storeys. It will become&nbsp;one of the more substantial new build-to-sell apartment projects at the northern edge of Melbourne's CBD.

The apartment mix is weighted toward smaller inner-city product, with 188 studios, 206 one-bedroom apartments, 192 two-bedroom apartments and 20 three-bedroom apartments

<img alt="First look: SP Setia plans three-tower finale for Carlton’s former CUB precinct" data-entity-type="file" data-entity-uuid="8271bc87-1b0a-41b7-ac73-a425ee375261" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/3_2.png?VersionId=G4lw23o90B1boX4k4dj7rdz2ZEajS9wy" />

Part of the precinct will be a large-scale&nbsp;3,684 sqm supermarket and a further 2,198 sqm of speciality retail, creating close to 5,900 sqm of new commercial space within the precinct.

But one of the biggest components of the proposal is what sits between the buildings.

Around 4,650 sqm, or roughly 72 per cent of the site, will be publicly accessible open space, incorporating plazas, pedestrian connections, landscaped laneways and retail spill-out areas.

The ground plane is intended to finally complete pedestrian connections envisaged when the CUB masterplan was first approved nearly two decades ago, stitching together Victoria Street, Queensberry Street, Bouverie Street and Swanston Street through the former brewery precinct.

Urbis said the development would "complete the CUB precinct", with the public realm providing important north-south and east-west connections through what is currently the final undeveloped portion of the masterplanned site.

SP Setia is also exploring a new linear park within the Bouverie Street road reserve, with the concept to be developed further with the City of Melbourne through the planning process.

The proposal is being pursued through the Victorian Government's Development Facilitation Program under Clause 53.23 for significant residential development with affordable housing.

The planning report acknowledges the proposed heights exceed those contemplated under the original Comprehensive Development Plan and masterplan, but argues the built-form context has changed considerably over the past two decades.

Urbis said the three towers would instead create a stepped transition between Carlton and the Hoddle Grid, rising progressively from the 94.1-metre Tower One along the Queensberry Street edge to the 199.44-metre Tower Three closer to the established CBD-scale buildings to the south.

<img alt="SP Setia" data-entity-type="file" data-entity-uuid="e885a07a-592c-40fc-bf82-e6dbaf32da54" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-21%20at%208.52.24%E2%80%AFAM.png?VersionId=7s_ErUkSKAdY1mAWp3GRZgMNCGtwhk5m" />

SP Setia plans to deliver the development across three stages.

Stage One would deliver the basement, podium and retail areas for the entire precinct alongside the first student tower. Tower Two would follow in Stage Two, before the 606-apartment Tower Three is delivered as the final stage.

If approved and delivered, the project would close out a redevelopment process that has been underway since the former brewery masterplan was approved in 2007, adding more than 2,600 student beds and apartments to a precinct already home to Swanston Central, the Barak Building, RMIT Design Hub and several large student accommodation developments.

&nbsp;

&nbsp;

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

Sydney off the plan apartments

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

Landream’s landmark $900 million <a href="/new-apartments/pyrmont-place-14-26-wattle-street-pyrmont-nsw-2009">Pyrmont Place</a> development - the premier residential development in the Blackwattle Bay precinct - has now started taking registrations of interest.

The historic project, borne after years of negotiations, will finally revive the site that was home to the City of Sydney Council’s former depot, giving the area a much-needed facelift and leading the charge in transforming Sydney’s western harbour.

<a href="/developers/landream">Landream</a> lodged a development application for the project in 2019 which has since been approved.&nbsp;<a href="/new-apartments/pyrmont-place-14-26-wattle-street-pyrmont-nsw-2009">Pyrmont Place</a> also sets the tone for the NSW Government’s ambitious plans to reshape this iconic harbourfront into a thriving urban hub.&nbsp;

[smartcode_project:default project_id=138909 project_image_fid=330853] 
&nbsp; 
Located at 14-26 Wattle Street, <a href="/new-apartments/pyrmont-place-14-26-wattle-street-pyrmont-nsw-2009">Pyrmont Place</a> will deliver 237 apartments. The project’s thoughtful design and integration into the Blackwattle Bay masterplan demonstrate market confidence in the area’s evolution as a vibrant and walkable precinct. 
&nbsp; 
Landream continues to solidify its expertise at residential development having delivered several high-end projects in both Sydney and Melbourne including another complex site in Sydney - the former Coca-Cola building in Circular Quay which was transformed into Opera Residences in 2021.

<h2>First in a revitalised precinct</h2>

Positioned at the gateway to Blackwattle Bay, <a href="/new-apartments/pyrmont-place-14-26-wattle-street-pyrmont-nsw-2009">Pyrmont Place</a> takes pride in being the first significant private development within the precinct.

[smartcode_project:default project_id=138909 project_image_fid=330852]

Its strategic timing aligns with the Government’s push to rezone Blackwattle Bay while further enhancing the $750 million Sydney Fish Market redevelopment next door. Together, these projects will transform the western harbour into a vibrant residential living, business, and tourism hub.

<h2>Market dynamics and job creation</h2>

The precinct’s rezoning has created opportunities for residential expansion. <a href="/new-apartments/pyrmont-place-14-26-wattle-street-pyrmont-nsw-2009">Pyrmont Place</a> is perfectly placed to meet the growing demand for city-fringe apartments and mixed-use amenities.

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Construction is expected to begin in mid-2025, bringing substantial economic benefits, including hundreds of construction jobs and long-term retail activation.

<h2>Seamless integration</h2>

Designed by BVN, <a href="/new-apartments/pyrmont-place-14-26-wattle-street-pyrmont-nsw-2009">Pyrmont Place</a> will seamlessly integrate into the area’s evolving character. The four-building development will include a childcare centre, a two-court indoor recreation centre, 237 apartments and a range of communal amenities. These include an outdoor pool, gym, music room, communal landscaped terraces and open spaces designed by OCULUS.

[smartcode_project:default project_id=138909 project_image_fid=330856]

Ownership of the childcare centre and the two court recreation centre will be handed back to the City of Sydney.

Public through-site links will connect Jones Street to Wattle Street as well as Wentworth Park Light Rail station, ensuring convenient access to transport options. With proximity to the future Metro West station and ferry routes, Pyrmont Place will be one of Sydney’s best-connected residential hubs.

<h2> 
Architectural excellence meets sustainability</h2>

<a href="/new-apartments/pyrmont-place-14-26-wattle-street-pyrmont-nsw-2009">Pyrmont Place</a> has been designed to honour Pyrmont’s industrial roots and sandstone heritage. Each building will feature a distinctive façade, creating a neighborhood vibe that harmonises with the surrounding environment.

[smartcode_project:default project_id=138909 project_image_fid=331808]

Green landscaped communal terraces, integrated plantings, and sustainable design elements will reflect Landream’s commitment to ecological development

<h2>A Confidence Boost for Sydney’s Western Harbour</h2>

<a href="/new-apartments/pyrmont-place-14-26-wattle-street-pyrmont-nsw-2009">Pyrmont Place</a> underscores Landream’s commitment to Sydney’s future as a global city. The development’s design and timing demonstrate strong market confidence in the western harbour’s evolution into an urban village of global significance. 
 
"Pyrmont Place embodies our vision for creating transformative urban spaces that honour the past while embracing the future," says&nbsp;Harvard Shen, Director at Landream.&nbsp;

"This project isn't just about delivering premium residences – it's about crafting a vibrant community that will become the catalyst for Pyrmont's evolution into one of Sydney's most desirable waterfront neighbourhoods."

[smartcode_project_cta:default project_id=138909]

Positioned at the gateway to Blackwattle Bay, Pyrmont Place takes pride in being the first significant private development within the precinct

Landream reveals $900m Pyrmont Place apartments

Deicorp has secured planning approval for its latest <a href="/new-apartments/castle-hill-nsw-2154">Castle Hill apartment development</a>.

The developer will deliver 873 dwellings across five residential buildings in the East Showgrounds Precinct, next door to their now under construction 430-unit Hills Showground Village.

The new development will comprise of three buildings designed by GroupGSA and two designed by TURNER and will include arund 3,500 sqm of open public space in the form of landscaped courtyards, a public park and communal outdoor recreational space including a playground, barbeque area, and outdoor seating.

<img alt="Deicorp" data-entity-type="file" data-entity-uuid="9e5b79fb-bcb4-4a0e-855a-497aa429e3e0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-03-04%20at%2010.44.22%E2%80%AFAM.png?VersionId=vLuMGyeVt3uNg.2crQ2AzPaTEJLc.E9v" />

Deicorp was chosen by Landcom and Sydney Metro to develop both sites, with the new project&nbsp;delivering 136 one-bedroom, 527 two-bedroom and 210 three-bedroom dwellings.

“This approval will allow us to start construction on a range of beautifully designed, conveniently located apartments and create another vibrant, walkable and well-connected community,” said Deicorp’s founder Fouad Deiri.

“These new homes will provide their residents with a seamless connection to jobs and services along Metro North West, and the new Hills Showground Village retail precinct currently under construction.

“We look forward to deliver this much-needed housing that adds to our significant pipeline of projects along the Metro line, which includes Tallawong Village, Hills Showground Village, and The Five Ways in Crows Nest which recently was granted development approval.

“Importantly, the East Showgrounds development will include 44 affordable housing apartments for key workers on the doorstep of Sydney’s Metro rail line."

<img alt="Hills" data-entity-type="file" data-entity-uuid="c928d11b-df44-4f84-abf1-102a4f2826c0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-03-04%20at%2010.44.49%E2%80%AFAM.png?VersionId=AmYLq4nuYFKD4dJWqW8Kvifi7AC27k7q" />

GroupGSA Director Lisa-Maree Carrigan said The Hills Showground Precinct East emphasises sustainability to enhance its environmental, social, and economic value, aiming to become a green neighbourhood with excellent amenities.

"It provides a strong connection to both the landscape and historic setting of the Castle Hills Showgrounds, with designing with Country bringing together all buildings and communal spaces through the vibrant public realm,"&nbsp;Carrigan said.

“The buildings form a backdrop to the verdant Showgrounds above the tree line, affording the apartments expansive views over the district and towards the CBD. This natural setting is enhanced through substantial balconies, rooftop gardens and parks, with communal rooms and grand lobbies providing areas for socialisation and community.

"Located directly adjacent to the Metro, the apartments have been designed to provide generous outdoor living spaces and provide an enviable lifestyle with tremendous convenience."

The latest approval adds to the Independent Planning Commission’s approval for Deicorp’s 188-unit Crows Nest project and the City of Sydney’s consent for their 574-unit project in Joynton Ave Zetland.

“This approval will allow us to start construction on a range of beautifully designed, conveniently located apartments and create another vibrant, walkable and well-connected community,” said Deicorp’s founder Fouad Deiri

Deicorp secures approval for East Showgrounds, Castle Hill apartment project

After a very brief cooling of the market, Sydney property is back doing what it does best, growing in value.

The monthly update from property data analytics firm CoreLogic showed a sharp turnaround in most capital cities over February, with their overall Home Value Index swinging from negative growth in January to positive in Feb.

Unit values in Sydney edged up 0.2 per cent, following back-to-back months of declines (-0.2 per cent in Jan and -0.3 per cent in December). The median unit value in Sydney is now $855,000.

Houses have performed in a similar pattern, up 0.3 per cent in February following declines of -0.4 per cent in January and -0.7 per cent in December. The Sydney median house value is $1.4 million, $545,000 more than the median unit value.

The interest rate change in the middle of February was enough to change the fortunes of most capital city markets. The upper quartile of the market led the growth in Sydney, aligning with CoreLogic’s past research indicating that high-value housing segments tend to respond more quickly to interest rate shifts.

Regional NSW saw stronger growth relative to the capital, with values rising 0.4 per cent over the month and one per cent over the rolling quarter.

Stock levels remained elevated in Sydney, with listing counts up 6.9 per cent compared to the previous five-year average. While the market remains in a rebalancing phase, the latest figures suggest Sydney’s downturn may have been short-lived, with further growth possible if borrowing conditions improve.

<h2>What happened in Sydney’s off the plan apartment market in February?</h2>

The off the plan apartment market in Sydney saw several significant developments in February including regulatory changes, major project approvals, and shifting market dynamics driven by anticipated interest rate cuts.

The NSW Government announced it will be reviewing off the plan contract laws to provide greater certainty for buyers and to prevent developers from unfairly profiting from contract delays or cancellations.&nbsp;

Proposed reforms include mandatory sunset clauses to ensure buyers can withdraw if key milestones are not met, restrictions on developers extending sunset dates beyond factors outside their control, and potential financial penalties for inaction.&nbsp;

The government is also considering changes to outdated land title covenants to facilitate housing development. Consultation is open until 7 March 2025, with legislation expected in 2025.

Read more:&nbsp;<a href="/news/nsw/off-the-plan-contract-laws-under-review-to-provide-greater-certainty-to-buyers">Off the plan contract laws under review to provide greater certainty to buyers</a>

The NSW Government were again involved in the biggest planning move in February. They sign off on concept approval of the Central Barangaroo precinct by&nbsp;<a href="/developers/aqualand-australia" target="">Aqualand</a>.

The five-hectare development will feature residential, retail, hospitality, and community spaces, alongside a new metro station entrance and over two hectares of public open space.&nbsp;

<img alt="Central Barangaroo development takes big step with concept proposal approval" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_auto/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screenshot%202025-02-17%20at%208.55.23%E2%80%AFAM.png?VersionId=SFwWJx81d_FB3UrHwr4R.KF3vX8bVsAE" />

The project is set to generate $2.26 billion in economic activity during construction and create over 12,000 jobs.&nbsp;

Detailed development applications will follow, with construction expected to commence in late 2025 and the first stage completing around 2030.

Read more:&nbsp;<a href="/news/nsw/central-barangaroo-development-takes-big-step-with-concept-proposal-approval">Central Barangaroo development takes big step with concept proposal approval</a>

Several notable residential projects progressed in February. <a href="/developers/goldfields-group">Goldfields</a>&nbsp;appointed <a href="/builders/ultra-building-co">ULTRA Building Co</a> as the builder for The Bryson in <a href="/developments/chatswood-nsw-2067">Chatswood</a>, a high-rise apartment project designed by <a href="/architects/make-architecture">Make Architects</a>.&nbsp;

<a href="/new-apartments/the-bryson-of-chatswood-871-877-pacific-highway-chatswood">The Bryson</a> will include one, two, and three-bedroom apartments, luxury penthouses, and a mix of retail and office space. Construction is scheduled for completion in Q4 2026.

[smartcode_project:default project_id=21170 project_image_fid=210270]

In <a href="/developments/darling-point-nsw-2027">Darling Point</a>, <a href="/developers/lendlease-development">Lendlease</a> and joint venture partner&nbsp;<a href="/developers/mitsubishi-estate-asia">Mitsubishi Estate</a>&nbsp;released preliminary plans for its significant development at <a href="/new-apartments/darling-point-road-apartments-darling-point-road-edgecliff">1 Darling Point Road</a>.&nbsp;

The proposed 17-level tower will include 60 apartments, with 21 designated as affordable housing. <a href="/architects/tzannes-architects">Tzannes Architects</a> is leading the design, with construction anticipated to begin in 2026.

Read more:&nbsp;<a href="/news/nsw/preliminary-apartment-plans-revealed-for-landmark-darling-point-site-by-lendlease-and-mitsubishi-estate">Preliminary apartment plans revealed for landmark Darling Point site by Lendlease and Mitsubishi Estate</a>

<img alt="Preliminary apartment plans revealed for landmark Darling Point site by Lendlease and Mitsubishi Estate" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_auto/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screenshot%202025-02-05%20at%2012.37.22%E2%80%AFPM.png?VersionId=i_2JCgJfRF56VDrdjZo6FOW02I0boIVu" />

Further east, more shoptop housing is planned for&nbsp;<a href="/developments/bondi-beach-nsw-2026">Bondi Beach</a>’s Hall Street.

The five-level building will feature 17 apartments above several retail spaces. Designed by <a href="/architects/mhn-design-union">MHN Design Union</a>, the project aims to integrate with the evolving streetscape of Bondi’s commercial and residential precinct.

<img alt="First look: Hall St, Bondi Beach transformation to continue with new shoptop housing pitched" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_auto/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screenshot%202025-02-10%20at%2012.28.14%E2%80%AFPM.png?VersionId=AESrkS9BPGMPFQF7lkA4Z8DQcPVh6dY." />

Read more:&nbsp;<a href="/news/nsw/first-look-hall-st-bondi-beach-transformation-to-continue-with-new-shoptop-housing-pitched">First look: Hall St, Bondi Beach transformation to continue with new shoptop housing pitched</a>

Before the February rate cut, CoreLogic conducted research to identify areas that could experience the highest growth from several potential rate reductions.

Their findings indicated that the <a href="/developments/chatswood-nsw-2067">Chatswood</a> and <a href="/developments/lane-cove-nsw-2066">Lane Cove</a> area would be one of the top performers, with a projected value increase of 16 per cent if the Reserve Bank were to cut the official cash rate by one percentage point.

The Eastern Suburbs could see a 13 per cent increase, while regional areas such as Dural to Wisemans Ferry and Campbelltown might experience growth of up to 18 per cent and 16 per cent.

Read more:&nbsp;<a href="/news/nsw/the-sydney-suburbs-that-will-see-the-biggest-uplift-in-apartment-values-after-interest-rate-cuts">The Sydney suburbs that will see the biggest uplift in apartment values after interest rate cuts</a>

City Beat February 2025: Sydney property downturn ends abruptly as rate cuts spur price growth

&nbsp;

Lower North Shore developer&nbsp;<a href="/developers/da-properties">DA Properties</a> has revealed its next apartment project.

DA Properties, led by David Allen, has sought to create a five-level building on Murdoch Street in Cremorne.

They're proposing 31 two and three-bedroom apartments in the $30 million block across an amalgamation of several sites between 45 and 51 Murdoch Street, toward the top of the street just off Military Road. It is strategically positioned next to Redlands Junior Campus.

<img alt="Murdoch Street, Cremorne DA" data-entity-type="file" data-entity-uuid="30ecedfc-1d8f-4b24-bf76-79d4bb0a6602" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Murdoch%20Street%2C%20Cremorne.png?VersionId=ez5wZff0pMaJAtGtQTQLIXkt01FhoDzF" />

Designed by <a href="/architects/pbd-architects">PBD Architects</a>, the development responds to the site's irregular shape and triple street frontage with a contemporary, articulated form that mitigates visual bulk and integrates with the surrounding streetscape, the documents submitted to the North Sydney Council state.

The design also reflects <a href="/developments/cremorne-nsw-2090">Cremorne</a>’s leafy character while contributing to housing diversity, particularly through its mix of larger apartments and affordable housing. &nbsp;

The development will feature 776 sqm of communal open space and landscaping in the southwestern corner, along with 45 basement car spaces accessed via Education Lane. &nbsp;

DA Projects is hoping to start construction in August. The developer has previously created Porteno Manly, 41 luxury apartments on Whistler Street. They have another project in nearby McMahons Point.

First look: New apartments set for Cremorne's Murdoch Street

As a developer who has been one of the biggest contributors to the Sydney housing market for over two decades, it would be easy for ALAND Founder Andrew Hrsto to rest on his laurels.

Founded in 2002 by Hrsto from his kitchen table, <a href="/developers/aland">ALAND</a> has delivered over 4,000 apartments in the last 22 years, predominantly focused around Sydney’s west, with a further 1,300 currently under construction.

But there’s no slowing down for Hrsto, who remains as hands-on in the business as he was two decades ago when it was just him and a small team of two — who are still part of ALAND today. Now, with over 6,000 apartments in planning and 200 employees across the development and construction sectors, ALAND’s workforce is only expected to grow as the company looks to venture into different market segments.

“First and foremost, our whole company ethos is to look after people,” Hrsto says, referring to both his staff and the buyers of ALAND apartments.

“The obligation is to the buyers, and that has been the foundation of our business from day one. We knew if we did that, then every other element would fall into place.”

Catching up with Andrew recently, he shared a story of a founder who isn’t just “on the tools” metaphorically, but literally. His daily routine involves speaking with local councils, engaging with the community, interacting with apartment buyers, and occasionally donning a hard hat on site.

“We’re a community-focused developer,” Andrew says.

“It was never in our DNA to be anything different. It wouldn’t make sense to us to build something that wasn’t in line with what the community wanted.”

After five years in planning and project management, Hrsto decided to take the leap.

“It was in the late 2000s that we went full end-to-end, handling both development and construction,” Andrew says.

They soon expanded their scope, bringing building management into the fold.

“When we develop, we’re in that building for life,” Andrew adds.

ALAND is well known for delivering more than just buildings — it creates precinct-style communities.

“We started developing multi-stage projects just before COVID, and that allowed us to really plan the whole process. It gave us more room to work with, considering the size of the development site. It enabled us to look beyond just a building and create a community that serves not only our future residents but the whole local area.”

This approach is evident in their multi-stage masterplan for <a href="/buildings/amber-the-gladstone-village-stage-2-228-pitt-st-merrylands">Gladstone Village</a>, where ALAND is delivering over 1,000 apartments to <a href="/developments/merrylands-nsw-2160">Merrylands</a>, just outside Parramatta.

[smartcode_project:default project_id=7642 project_image_fid=283649]

In addition to three buildings offering a mix of one, two, and three-bedroom apartments, Gladstone Village features significant public amenities: a large grass park, an outdoor gym, a kids’ playground with a water play zone, a games area with table tennis tables, a life-sized chess board, and barbecue and alfresco facilities. Residents will also have private access to a rooftop pool, yoga lawns, outdoor cinemas, and a private forest walkway with a dedicated pet zone.

“Gladstone Village really typifies what we want to achieve and are continuing to execute in 2025,” Andrew says.

“While we’re building homes for Western Sydney, there’s more to development nowadays. You have to contribute to the wider public, and that’s what we try to do with every masterplan we put our name to.”

Nearby, ALAND will soon launch Queen Square, on its prime&nbsp;gateway site in&nbsp;<a href="/developments/campbelltown-nsw-2560">Campbelltown</a>.

The abandoned Brands on Sale outlet at 22-32 Queen Street will become a new community with around 558 apartments across five buildings. The two-hectare site will also comprise an Eat Street with retail and hospitality spaces and over 4,000 sqm of publicly accessible space, including a two-level community building with an auditorium, kiosk, and multi-purpose spaces.

<img alt="Queen Square, ALAND" data-entity-type="file" data-entity-uuid="ca46834e-3f49-4be7-b851-4e1135c0c53b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-01-21%20at%2010.27.09%E2%80%AFAM.png?VersionId=I8Lyc1N5NcWg2vLLZp3yeZaGDQ6EmHv2" />

Many developers stick to what they know, sticking to safer, more familiar paths. Hrsto, however, has a different approach.

In 2022, Andrew and the team stepped out of their comfort zone, acquiring a prime development site in <a href="/developments/gosford-nsw-2250">Gosford</a>, the gateway suburb to the Central Coast. For a developer that had exclusively focused on Sydney’s western suburbs, this was a significant jump—not just geographically, but also in the execution of a new type of development.

“We were probably biting off more than we could chew,” Andrew jokes.

It’s with tenacity and a willingness to learn that ALAND continues to go from strength to strength.

Andrew explained that they approached the Gosford project somewhat blindly, as the approved plans included a hotel component—an area ALAND hadn’t previously ventured into. But Andrew and his team returned to the company’s core values: if they did right by the buyer and the community, the rest would fall into place.

“Gosford proved to be a really interesting test for us as a business, pushing us to branch out and take on something we hadn’t done before, in a region we hadn’t developed in,” Andrew says.

Fast forward two years from site acquisition, and the two-tower development, <a href="/new-apartments/archibald-by-aland-gosford-108-donnison-street-gosford-nsw-2250">Archibald by ALAND</a>, is nearing completion. With 99 per cent of the apartments already sold, the project is one of the best-selling apartment developments the Central Coast has ever seen.

“We didn’t quite realise how important this building and this site were to the local community,” Andrew says.

“We’ve had locals, who haven’t bought in the building, come up to us and say how transformative this development is for the area and how important it is to the wider community. It’s that kind of feedback that makes you keep going.”

[smartcode_project:default project_id=134670 project_image_fid=215487]

Archibald by ALAND includes 327 apartments and a 130-room hotel to be run by IHG VOCO, as well as ground-floor hospitality and a rooftop area. During the development and construction phase, Hrsto has also established another new capability for ALAND: an internal hotel management arm.

“A mixed-use hotel and apartment development is now very much something we can run end-to-end, and manage both components of the development well into the future,” Andrew says.

Having seen such success in their first Gosford project, they are now moving ahead with their second: <a href="/new-apartments/amalfi-by-aland-gosford-50-70-mann-street-gosford-nsw-2250">Amalfi by ALAND</a>, on Mann Street, which will feature 506 apartments and 9,530 sqm of retail space.

Read more:&nbsp;<a href="/news/nsw/first-look-aland-reveals-latest-gosford-mixed-use-development-amalfi-by-aland">First look: ALAND reveals latest Gosford mixed-use development, Amalfi by ALAND</a>

ALAND is also venturing into the build-to-rent sector. They have acquired the final three buildings in Skyview, the five-tower <a href="/developments/castle-hill-nsw-2154">Castle Hill</a> development that had been partially completed by the troubled developer, Top Place.

ALAND will now focus on the most advanced building, which is around 80 per cent complete, undertaking remediation works before offering the apartments for rent. They will then shift their attention to the final two buildings, which were little more than holes in the ground at the time of acquisition.

ALAND’s 2025 development pipeline is as robust as ever, with diversified developer planning projects across traditional build-to-sell, build-to-rent, co-living, student accommodation, hotel, and hospitality sectors.

“2025 is shaping up to be a massive year for us,” Andrew says.

“We’re taking on new challenges, pushing the boundaries, diversifying our offering, and delivering projects that set a new standard in the industry. I’m excited to see the hard work of our team come to life, and to continue contributing to the communities we serve.”

ALAND is well known for delivering more than just buildings — it creates precinct-style communities

The story behind ALAND, one of Sydney’s most prolific apartment developers

Deicorp has secured planning approval to incorporate 48 affordable apartments into its landmark Marquet &amp; Mary mixed-use tower in the heart of Rhodes.

The $463 million Rhodes project was approved as a State Significant Development Application (SSDA), using the Infill Affordable Housing provisions to increase the overall apartment numbers and provide much-needed housing for essential workers.

[smartcode_project:default project_id=141515 project_image_fid=287857]

Deicorp founder Fouad Deiri said Deicorp is working with one of Australia’s leading community housing providers to manage the 48 affordable housing units at <a href="/new-apartments/marquet-mary-rhodes-1-9-marquet-street-rhodes-nsw-2138">Marquet &amp; Mary</a>.

“With its superb location in the heart of <a href="/developments/rhodes-nsw-2138">Rhodes</a> and on the doorstep of Concord Hospital and Rhodes Station, this was the perfect site to increase the number of apartments and include housing for key and essential workers.”

[smartcode_project:default project_id=141515 project_image_fid=287868]

The approval paves the way for the construction of Marquet &amp; Mary, 274 apartments designed by FK Australia. The apartments will sit atop a four-level podium that will include 3,796 sqm of retail and commercial space, a community rooftop terrace and garden, and a residential courtyard.

FK Partner Craig Baudin said the project marks a significant step towards increasing density in well-connected middle ring locations while ensuring the inclusion of affordable family homes.

"Being among the first projects submitted to the State Government under the SSD affordable uplift pathway is an exciting milestone, showcasing how well-designed, medium-density housing can enhance urban centres and provide much-needed homes for families in Sydney.

“We saw this project as an opportunity to complete a key missing part of the Rhodes Town Centre, and create a connected and amenity-rich new community layered with lush communal gardens through the podium levels. A core focus of our design was placemaking and integrating this new landmark tower to the vibrant retail life of the town centre."

[smartcode_project:default project_id=141515 project_image_fid=287862]

Recognised by an independent judging panel when awarding FK the project following a design excellence competition in 2023, FK’s design was praised for the provision of a public plaza at the southern entrance and fine-grain design of the ground plane.

[smartcode_project_cta:default project_id=141515]

Deicorp founder Fouad Deiri said Deicorp is working with one of Australia’s leading community housing providers to manage the 48 affordable housing units at Marquet & Mary

Deicorp adds affordable housing to the mix at Marquet & Mary, Rhodes apartment development 

Sekisui House Australia and joint venture partner Hankyu Hanshin Properties is soon to launch Dawn, the fifth stage of its multi-billion dollar Melrose Park masterplan.

The <a href="/new-apartments/dawn-melrose-park-bundil-boulevard-melrose-park-nsw-2114">368 contemporary apartments</a> sit parkside, with views overlooking the soon to be renamed central park in Melrose Park. GroupGSA has designed the apartments to take in as much of the natural surroundings as possible.&nbsp;

There are one, two and three-bedroom apartments on offer, as well as luxury penthouses with private rooftop terraces.

Dawn’s prime location close to the future Melrose Park High School, Parramatta Light Rail Stage 2 connection and <a href="/developments/melrose-park-nsw-2114">Melrose Park</a> Town Centre as well as extensive parklands, will make it a popular choice with purchasers.

Edward Crawford, Senior Sales and Operations Manager, Apartment &amp; Mixed-Use Developments at Sekisui House Australia, says demand for Dawn has been strong, with many prospective buyers waiting for this stage to be released.

“Our early marketing efforts are focused on encouraging early registrations, as we know buyers are eager to secure the best park-side apartments, particularly those at the most competitive price points," Crawford says.

"As an emerging hotspot and masterplanned community, Dawn and Melrose Park offer buyers the opportunity to be part of a thoughtfully designed neighbourhood with an exciting future.”

[smartcode_project:default project_id=145496 project_image_fid=334163]

The first wave of demand has been for larger three-bedroom park-side apartments, with expectations that interest in one-bedroom apartments will intensify as the marketing campaign shifts to emphasising product and pricing. Dawn will also feature a separate ‘Penthouse Collection’ campaign launching later in 2025.

Dawn’s contemporary residences all have secure basement parking. Pricing starts at $639,000 for a one-bedroom apartment up to $1.399 million for three-bedrooms.

[smartcode_project:default project_id=145496 project_image_fid=334049]

Apartment sizes cater to a broad range of buyers including one-bedroom apartments ranging from 51 to 62 sqm, two-bedroom apartments from 75 to 80 sqm, three-bedroom apartments from 96 to 119 sqm, and penthouse residences from 121 to 123 sqm plus private rooftop terraces between 80 to 100 sqm.

&nbsp;

The development’s commitment to high-quality design and functionality is evident in its features including Bosch appliances, smart home technology such as smart locks, remote-controlled lighting and window coverings, ducted air conditioning, stone benchtops and Parisi tapware.

Buyers will also have customisation opportunities such as upgrading to Miele appliances, timber flooring and feature lighting over kitchen islands.

[smartcode_project:default project_id=145496 project_image_fid=355670]

&nbsp;

Dawn is designed to complement the broader Melrose Park urban renewal project, which integrates green spaces, transport infrastructure and community assets to create a sustainable, connected neighbourhood.

GroupGSA’s architectural vision for Dawn emphasises nature, sustainability and connection. Residents will enjoy exclusive rooftop community facilities, including private rooftop gardens, outdoor recreation areas with barbeque and dining zones, landscaped podium parks and internal courtyard gardens.

In addition, Central Park spanning nearly two hectares will feature barbeque and picnic areas, children’s play zones and walking tracks, set to open around the same time Dawn residents move in. The town centre is also expected to open doors soon after.

Dawn presents a compelling proposition for first home buyers, downsizers and investors, with strong prospects for future capital growth. The strategic location, premium finishes and comprehensive amenities make Dawn an attractive option for those seeking long-term value and lifestyle benefits.

Construction of Dawn is set to commence in 2025, with completion anticipated by mid-2027.

[smartcode_project_cta:default project_id=145496]

Edward Crawford says demand for Dawn has been strong, with many prospective buyers waiting for this stage to be released



Sekisui House Australia to launch Dawn in Melrose Park's $5 billion community

National developer Goldfields has appointed&nbsp;ULTRA Building Co to construct its Chatswood apartment development, <a href="/new-apartments/the-bryson-of-chatswood-871-877-pacific-highway-chatswood">The Bryson</a>.

CEO of <a href="/developers/goldfields-group">Goldfields</a>, Lachlan Thompson, said ULTRA Building Co has been appointed to build the&nbsp;luxury residential and mixed-use building&nbsp;and will play a leading role in meeting growing demand for premium apartments, retail and office space in <a href="/developments/chatswood-nsw-2067">Chatswood</a>.

“We have been impressed by ULTRA Building Co and the quality of their work, most recently completing the Balmoral Collection (Mosman), 1788 Double Bay (Double Bay) and Akoya (North Sydney),” Thompson said.

“The ULTRA team has extensive experience across the residential and commercial sectors. We have been working collaboratively with the project team to ensure this project gets off the ground without compromise. Partnering with such a high-calibre builder, and one with a 4-star iCIRT accreditation to bring our vision for The Bryson to fruition, is something we are very proud of.”

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[smartcode_project:default project_id=21170 project_image_fid=231163]

Founder and Managing Director of Goldfields, Marco Gattino, said the commencement of Goldfields’ high-rise tower in Chatswood represents the beginning of the developer’s plans to build a long-term Sydney presence.

“Goldfields has a solid track record of delivering quality building projects across the residential and commercial sectors and we are excited to bring that experience to the Sydney market," Gattino said.

"With demand for well-located real estate remaining strong, Sydney’s luxury residential market has performed well, and we see this trend continuing.”

Gattino said Chatswood is one of the mosy dynamic suburbs in Sydney's&nbsp;Lower North Shore, one of Australia’s most sought-after places to live and work and.

"[Chatswood] is home to great shopping, fine dining, and superb road and rail links. Ensuring the inner urban lifestyle is accessible to all is important to Goldfields and we’re&nbsp;proud to be providing local purchasers with the opportunity to buy into the premium end of the Sydney apartment market.”

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[smartcode_project:default project_id=21170 project_image_fid=210267]

Goldfields’ footprint continues to expand in Australia’s other capital cities with major projects in Brisbane (88 Robertson Street) and Melbourne (The Raleigh) currently underway.

Adrian Sicari, Managing Director of ULTRA Building Co, said the ULTRA team is delighted to be working with Goldfields on the development of this iconic addition to Chatswood’s skyline.

“The Bryson development will supercharge the Chatswood CBD by bolstering economic activity, job creation, and retail and commercial space in this increasingly significant activity centre,” Sicari said.

Construction is forecast to be completed by Q4 2026.

[smartcode_project:default project_id=21170 project_image_fid=210266]

Designed by Make Architects and delivered by Fraser and Partners,&nbsp;The Bryson will incorporate a mix of one, two and three-bedroom and full 360-degree penthouse apartments, each with open plan living spaces, balconies, European&nbsp;appliances, luxury finishes, and&nbsp;lush garden zones.

A pool terrace complete with rooftop gardens, outdoor furniture, barbecue facilities and an outdoor fireplace will further enhance the urban resort feel and strike a balance between city living and quiet retreat.

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[smartcode_project:default project_id=21170 project_image_fid=210265]

Integrating into the vibrant public realm of Chatswood is a ground floor retail offering that acts as a threshold between the&nbsp;neighbourhood and the private residences above. Strata office suites will be located on level two and three.

Chatswood has a burgeoning activity centre that is home to&nbsp;corporate headquarters, prestigious schools, fine dining, disparate cycling routes, natural parkland and sporting grounds, and good proximity to public and private transport corridors.

The Bryson is within walking distance of&nbsp;Chatswood Railway Station (and its recently opened and expanded M1 Line from Chatswood to Sydenham), Sydney’s renowned&nbsp;Victoria Avenue retail precinct, and the region’s three major retail hubs – Chatswood Chase, Westfield Chatswood, and the Mandarin.

[smartcode_project_cta:default project_id=21170]

Founder and Managing Director of Goldfields, Marco Gattino, said the commencement of Goldfields’ high-rise tower in Chatswood represents the beginning of the developer’s plans to build a long-term Sydney presence.

Goldfields appoints ULTRA Building Co to deliver The Bryson, Chatswood apartment development

Transport Oriented Developments (TODs) are generating significant buzz across Sydney. The acronym has been a new strategy implemented by the NSW Government to encourage, and increase, housing density near key transport hubs.

While TODs are the in thing, veteran developer <a href="/developers/deicorp">Deicorp</a> has long prioritized developments close to both established transport networks and future transport hubs.

Robert Furolo, Deicorp’s Executive Manager for Corporate Communications, says that connectivity to transport is a top priority when assessing development sites.

"We have over 1,500 apartments in various stages of planning, and all located not just within a kilometre of public transport, but just a few hundred metres away," Furolo explains.

"It’s essential for our future buyers that we offer excellent connectivity to the rest of Sydney, whether we're five or 40 kilometres from the city—the criteria remain the same."

Founded in 1999 by Fouad Deiri OAM, Deicorp has been a major player in Sydney's property market for over two decades. However, in the last five years, the company has ramped up its focus on addressing Sydney's housing supply issues. Currently, Deicorp has over 3,350 apartments under construction across Greater Sydney—a number set to grow in 2025 as the company embarks on some of its most exciting developments yet.

In 2024, the iCIRT-rated builder-developer completed more than 1,500 apartments across several key projects in <a href="/developments/zetland-nsw-2017">Zetland</a> and <a href="/developments/castle-hill-nsw-2154">Castle Hill</a>.

While completing projects is central to Deicorp’s business, it’s their ongoing contribution to alleviating Sydney’s housing shortage—and their ever-growing pipeline of new developments—that has many industry peers taking notice.

In addition to last year's completions, Deicorp ventured into new markets, demonstrating their ability to succeed in different locations, provided the site meets the needs of the end buyer. In 2024, they launched three new projects in these markets: Melrose Central in Melrose Park, Marquet &amp; Mary in Rhodes, and Cosmopolitan in Parramatta.

[smartcode_project:default project_id=134220 project_image_fid=289878]

<a href="/new-apartments/melrose-central-melrose-park-33-hope-street-melrose-park-nsw-2114">Melrose Central</a> is one of Deicorp’s largest developments to date—a $700 million, mixed-use project featuring just under 500 apartments. This development will be the heart of the Melrose Park precinct, with six buildings designed by Turner Studio sitting atop a five-level podium.

The podium will house a 30,000 sqm shopping centre anchored by a Coles supermarket, along with specialty stores, wellness facilities, and retail and hospitality venues. The site is directly in front of the future Melrose Park light rail stop. Sales were brisk at its launch in August, with significant numbers achieved through CBRE.

<a href="/new-apartments/marquet-mary-rhodes-1-9-marquet-street-rhodes-nsw-2138">Marquet &amp; Mary</a> marked Deicorp’s first development in Rhodes. The soaring 42-level, 274-apartment tower, designed by FK Australia, is located opposite Rhodes Station, while their <a href="/new-apartments/cosmopolitan-by-deicorp-parramatta-34-hassall-street-parramatta-nsw-2150">Parramatta project Cosmopolitan</a> will bring over 600 apartments across two towers on Hassall Street, on the doorstep of the Robin Thomas Light Rail station.

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[smartcode_project:default project_id=141515 project_image_fid=287863]

2024 also saw the completion of Downtown, part of Deicorp’s major revitalization of Zetland. This project was also Deicorp’s first completed development with Latent Defects Insurance.

With a significant footprint in central Sydney through Hyde Metropolitan and the redevelopment of the Polding Centre, Deicorp is also active in the fast-growing Hills Showground Precinct in Castle Hill, right next to the newly opened Metro station.

Looking ahead to 2025, Deicorp will continue its momentum, adding several thousand apartments to its construction pipeline. Later this year, they will begin their largest development to date—Kings Bay Village in Five Dock. Located near Parramatta Road, bus stops, and the future Five Dock Metro station (set to open in 2032), Kings Bay Village will deliver nearly 1,200 apartments to Sydney’s undersupplied housing market. The development will feature six towers sitting atop a commercial, retail, and community podium, with a central plaza running between the towers.

Furolo is excited about the project’s significance for both Deicorp and the local Canada Bay area.

“Every conversation we have—whether with industry professionals or potential investors—everyone is asking about the timeline for Kings Bay Village,” Furolo says.

“The precinct will offer everything. Of the 1,200 apartments, 15 percent will be set aside for affordable housing—an integral part of our ethos that we’ve been committed to for several years now.”

The scale of Kings Bay Village means it will contribute 23 percent toward Canada Bay Council’s goal of delivering 5,000 new homes by 2029.

Deicorp hopes to secure approval for the project in mid-2025, after which they will begin clearing the site and undertaking land remediation.

Furolo highlights that Deicorp’s competitive edge lies in their ability to act quickly once approvals are in place.

"Once we secure approval, we waste no time," he says. "We immediately begin preparing the site for construction. During the planning and design phase, we assess the market, so we already know there’s demand for this type of product in this location. This allows us to deliver housing supply consistently across Greater Sydney."

In 2025, Deicorp will again expand into new areas, with its first development on the Lower North Shore. <a href="/new-apartments/falcon-alexander-8-alexander-street-crows-nest">Falcon &amp; Alexander</a> in Crows Nest will rise 22 levels from the corner of Falcon and Alexander Streets, near key transport links. The building will offer 188 one, two, and three-bedroom apartments, 15 percent of which will be affordable. Furolo anticipates the project will be especially popular with downsizers in the area.

Additionally, Deicorp will break ground in Macquarie Park, another hot development zone. They have plans for a 17-level tower with 180 apartments, designed by DKO, just 300 metres from the Macquarie Park Metro station and shopping centre.

Deicorp’s Chairman, Fouad Deiri, stresses the importance of connecting housing to transport infrastructure.

“Being able to provide affordable homes for essential workers in such a prime location makes these projects all the more meaningful,” Deiri says.

In 2024, the iCIRT-rated builder-developer completed more than 1,500 apartments across several key projects in Zetland and Castle Hill

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