Approaching a sell-out of its debut Gold Coast apartment development The Rochester, developer Polycell has its eyes firmly set on its next project.

They've secured approval for a 59-level tower which will be a redevelopment of the&nbsp;the landmark Voyager Resort&nbsp;at <a href="https://www.urban.com.au/new-apartments/167-old-burleigh-road-broadbeach">167 Old Burleigh Road</a>. Polycell acquired the timeshare building, and its valuable 2,076 sqm corner block that also fronts Elizabeth Avenue, for nearly $45 million in 2022.

They had Gold Coast firm <a href="https://www.urban.com.au/architects/bda-architecture">BDA Architecture</a>&nbsp;design the tower which will feature&nbsp;glazed façades and coastal-inspired curves to reflect the surrounding Gold Coast landscape.

One of the standout features of the approved design is its emphasis on preserving the site’s existing natural elements, particularly the iconic Norfolk pines lining the street front.&nbsp;

<img alt="First look exclusive: Polycell set sights on new Broadbeach apartment development" 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%202024-11-25%20at%203.01.52%E2%80%AFPM.png?VersionId=4YWlAMLRDSdyWaSlcEH0907f3FGkDH5v" />

BDA Architecture described the design as “coastal tactility infused with a sub-tropical vernacular,” echoing the organic textures of the local landscape.

The podium will reflect a layered material palette and gently undulating forms that complement the surrounding urban and natural environments.

The development will house 130 apartments, ranging from two to five bedrooms. The approved mix includes 32 two-bedroom, 79 three-bedroom, 15 four-bedroom, and four five-bedroom apartments.&nbsp;

The four sub-penthouses and the sprawling two-level penthouse will feature a private cinema, a state-of-the-art gym with plunge pools, and a 14-metre lap pool.

Each level will be home to no more than three residences, ensuring privacy and exclusivity.&nbsp;

<img alt="First look exclusive: Polycell set sights on new Broadbeach apartment development" 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/3.png?VersionId=LypE2LoIU.Bp5kZCqi0BGdK_ME3CVAPI" />

The development will also feature extensive resort-style amenities across both the podium and upper levels. These include two swimming pools on the podium, daybeds, barbecues, a yoga and Peloton room, sauna and spa facilities, a games room, and a suite of wellness areas.

On levels 38 and 39, residents will enjoy a members-only ‘Club Lounge,’ complete with a zen lounge, tea bar, library, cinema, personal training gym, wine storage, private dining rooms, and more.

The new project is similar in density to <a href="https://www.urban.com.au/new-apartments/the-rochester-broadbeach-143-surf-parade-broadbeach">The Rochester</a>, which is nearly sold out of its 182 apartments on Surf Parade.&nbsp;

Polycell is&nbsp;also actively acquiring sites across the area, including recent buyouts at the <a href="https://www.urban.com.au/news/qld/first-look-exclusive-polycell-set-sights-on-new-broadbeach-apartment-development">Sandpiper apartment building</a>.

The new project is similar in density to Polycell's The Rochester, which is nearly sold out of its 182 apartments on Surf Parade. 



Joel Robinson

First look: Polycell approved for next Broadbeach apartment development

Monaco Property Group has acquired the Miami holiday destination Nalu for $70 million in one of the biggest residential deals on the Gold Coast in 2025.

The acquisition by Monaco Property Group, a Gold Coast company associated with seasoned developer Jonathan Grasso and Australian businessman Jay McPhee, positions the group to create a landmark beachfront project on a site that has been a popular drawcard for locals and holidaymakers for decades.

Formerly known as Nobby’s Outlook and originally developed in the early 1970s,&nbsp;Nalu comprises 46 two and three-bedroom apartments that are currently offered as long-term rentals.

It consists of four connected two-level buildings in a square configuration that includes a central recreation area with two swimming pools, and underwent a major refurbishment in 2019 after which it was renamed Nalu – a Hawaiian word that translates to ‘wave’.

The property benefits from an idyllic location fronting Thorn Park and Miami North Beach while offering 80 metres of uninterrupted ocean frontage and a central location which is just a short stroll from the popular Nobby Beach retail and dining precinct.

Monaco Property Group is leveraging its extensive development expertise to reimagine the expansive 7,238 sqm site, with the company currently laying plans for an ultra-luxury new residential development that takes advantage of its unique location in one of the most sought-after coastal enclaves on the Gold Coast.

Among the latest high-profile developments undertaken by Monaco Property Group is the $114 million award-winning Capri Villas, a collection of 48 architecturally designed villas at Isle of&nbsp;Capri on the central Gold Coast, which are due for completion in Q3 of this year.

“We’re extremely excited to have secured Nalu, one the best beachfront development sites on the eastern seaboard of Australia,” Grasso said.

“The site is not only one of the largest beachfront development sites on the Gold Coast, but its position overlooking the beachfront and close proximity to the heart of Nobby Beach provides a truly unique opportunity for our team to create an incredible residential development that will be a legacy for years to come.”

Nalu was secured by Monaco Property Group through an off-market deal in which the company dealt directly with the vendor. Monaco Property Group plans to lodge a development application for the site with the Gold Coast City Council.

“We are very excited to be working up plans for a truly world class project on such a unique site with an incredible 80 metres of beach frontage, which is certainly a rarity on the eastern seaboard of Australia,” Grasso added.

“It’s a property that locals know well, which is why we have decided to retain the name Nalu as it reflects the vision we have for this property. It’s very rare to have a site bound by two natural assets, being the pristine beach frontage and the lush elevation of Nobbys Hill and Lions Head Park. In line with our founding philosophy, our plans for Nalu will be defined by a commitment to quality, legacy, incredible landscape, world-class amenity and wellness, and an architectural statement of excellence.”

Located at 122-130 Marine Parade, Nalu backs onto Nobbys Hill and the untouched natural beauty of Lions Head Park to the west, while offering ocean views to the Miami North beachfront and south to Coolangatta and Rainbow Bay.

Nalu was secured by Monaco Property Group through an off-market deal in which the company dealt directly with the vendor

Monaco Property Group pays $70m for Miami site, plots luxury apartment development

Leading Australian development manager, <a href="https://www.urban.com.au/developers/fortis">Fortis</a>, is continuing to make its mark on the luxury apartment market in Melbourne's best suburbs.

Fortis, the development arm of real estate investment giant Pallas Group, has commenced construction on Carmine House in <a href="https://www.urban.com.au/developments/richmond-vic-3121">Richmond</a>, one of Melbourne's most vibrant and tightly-held inner city suburbs, which has seen a shortage of new apartment developments in recent years.

<a href="https://www.urban.com.au/new-apartments/carmine-house-richmond-5-wiltshire-street-richmond-vic-3121">Carmine House</a>, located on Wiltshire Street, just one row back from the iconic Swan Street and a stone's throw from East Richmond Station, will comprise 52 generously-sized, two- and three-bedroom apartments across an 11-level building crafted by <a href="https://www.urban.com.au/architects/sjb-architects">SJB</a>, with interiors by <a href="https://www.urban.com.au/architects/hecker-guthrie">Hecker Guthrie</a>.

Construction is well underway, with significant progress made across the basement levels. Two tower cranes are now in operation, forming a visible part of Richmond skyline and supporting the vertical build as the structural core begins to rise above the hoarding.

The project is being delivered by <a href="https://www.urban.com.au/builders/hacer-group">Hacer Group</a>, a well-established local construction firm with a track record of delivering&nbsp;several high-quality apartment developments like Victoria Hill in Camberwell and Como Terraces in South Yarra.

[smartcode_project:default project_id=13181 project_image_fid=341429]

Carmine House has been designed to reflect Richmond’s industrial character, immediately obvious from its striking facade, which combines red brick, concrete, and glass.

The interiors are defined by natural materials, mirrored cabinetry, and accents of heritage green, while large balconies frame uninterrupted views of the CBD skyline.

[smartcode_project:default project_id=13181 project_image_fid=341427]

Kitchens are anchored by a wide stone island bench, creating another dining and entertaining space. The kitchens are fitted with high-end V-Zug appliances.

Every apartment features a main bedroom with built-in robes and an ensuite with a separate shower and bathtub, finished with the finest marble and floor-to-ceiling tiles.

[smartcode_project:default project_id=13181 project_image_fid=341430]

Fortis has prioritized creating a resident community within Carmine House, with several opportunities for neighbours to gather outside of their apartments, yet still in the comfort of their own building.

The amenities have been strategically positioned on the roof to take advantage of the sweeping views across Melbourne.

[smartcode_project:default project_id=13181 project_image_fid=341436]

The rooftop, surrounded by extensive landscaping by ACRE, will feature an outdoor picnic lawn, BBQ, pizza oven, and bookable private dining and events spaces.

Completing the roof will be another indoor kitchen, part of a bookable private dining and entertaining space.

[smartcode_project:default project_id=13181 project_image_fid=341437]

Carmine House is one of two residential offerings as part of a wider mixed-use precinct, Richmond Square, that will also include 4,000 sqm of premium strata office space across two podium levels, located beneath the residences.

The second residential building, Wiltshire House, has already achieved over 50 per cent in sales and features a collection of one-, two-, and three-bedroom residences. Also designed SJB with landscaping by Acre, Wiltshire House offers refined, functional living complemented by a suite of high-quality amenities, including a rooftop dining area and a dedicated health and wellness zone complete with sauna, located within the podium below.

At the heart of Richmond Square, a thoughtfully curated retail and dining precinct will provide residents and locals with a dynamic community hub

Enhancing this convenience, Carmine House is positioned just 200 meters from the nearest café and within easy walking distance of Swan Street’s lively mix of restaurants, bars, and boutique retailers

Excellent public transport links, including nearby train stations and multiple tram stops, further connect residents to the broader Melbourne CBD and beyond.

Excellent public transport links, including nearby train stations and multiple tram stops, further connect residents to the broader&nbsp;<a href="https://www.urban.com.au/developments/melbourne-vic">Melbourne</a>&nbsp;CBD and beyond.

Hacer is forecasting a late 2026 completion of Carmine House. Buyers can save thousands by purchasing before the end of October. In October 2024, the VIC Government announced it would abolish stamp duty for new and off the plan apartment buyers until October 30, 2025.

Jellis Craig Projects Director, Stephen Bowtell, is marketing Carmine House.

[smartcode_project_cta:default project_id=13181]

Fortis kicks off construction at Carmine House, Richmond's newest apartment development

Sekisui House Australia has released the first images inside what will be the final tower in their $1.2 billion West End masterplanned community.

<a href="https://www.urban.com.au/new-apartments/callista-on-park-west-end-49-mollison-street-west-end">Callista on Park</a>&nbsp;is the final release within Brisbane’s iconic West Village - a village <a href="https://www.urban.com.au/developers/sekisui-house-australia">Sekisui House Australia</a> has been developing for the best part of a decade.

It's the most high-end tower to date. The&nbsp;14-level building, designed by <a href="https://www.urban.com.au/architects/rothelowman">Rothelowman</a>, introduces a new standard of apartment living to the neighbourhood, with premium finishes and fittings, rooftop amenities, and direct access to Brisbane’s most vibrant cultural and culinary scenes.

[smartcode_project:default project_id=134800 project_image_fid=341715]

The apartments will feature natural materials and engineered timber flooring. Expansive living areas, framed by full-height glass and generous balconies, bring in an abundance of natural light and parkland or city views.&nbsp;

Kitchens are fitted with top-of-the-range appliances, bespoke cabinetry, and stone benchtops. Residents can choose from light or dark interior palettes and will enjoy 2.7-metre ceilings, loop-pile carpets in bedrooms, soundproof windows, and ducted and zoned air conditioning.

[smartcode_project:default project_id=134800 project_image_fid=341713]

One of Callista’s most compelling features is its rooftop retreat—a reimagined communal space designed for both relaxation and connection.&nbsp;

Panoramic views of the Brisbane CBD stretch across a rooftop garden outfitted with extensive landscaping, cabanas, and pockets of wildflowers.&nbsp;

The rooftop also boasts a swimming pool and spa, two undercover BBQ areas, a private dining room with a chef-grade kitchen, and a residents’ lounge, making it a perfect venue for both intimate gatherings and larger celebrations.

[smartcode_project:default project_id=134800 project_image_fid=341716]

Living at Callista on Park also means having <a href="https://www.urban.com.au/developments/west-end-qld-4101">West End</a>’s dynamic lifestyle offerings within arm’s reach. With a Walk Score of 99/100, residents are surrounded by over 35 boutique retailers, dining venues, and wellness services.

The cultural richness of the Metro Arts Precinct and the proximity to South Bank’s performing arts and gallery spaces further elevate the lifestyle on offer.

Educational institutions, medical facilities, and multiple transport options—bus, train, and CityCat—ensure seamless connectivity to the rest of Brisbane. Meanwhile, expansive parklands and riverside walks promise tranquility just steps away from urban excitement.

The name “Callista,” derived from the Greek word for “most beautiful,” pays tribute to West End’s rich Greek heritage, while "on Park" speaks directly to its coveted location—fronting Mollison Park, a leafy public square known for lively community events.

[smartcode_project:default project_id=134800 project_image_fid=330244]

Over the past nine years, Sekisui House Australia has reimagined the historic Peters Ice Cream Factory site into West Village.&nbsp;

With nearly 60 accolades to its name, including the prestigious ULI APAC Award for Excellence in 2022, the precinct is now nearing completion, culminating in the launch of Callista on Park.

Three and four-bedroom residences at Callista on Park are now selling, with prices starting from just over $2.6 million.

[smartcode_project_cta:default project_id=134800]

Three and four-bedroom residences at Callista on Park are now selling, with prices starting from $2.6 million.

First look inside West Village's crowning glory, Callista on Park

The NSW Government is steadily releasing new projects that are being declared as&nbsp;State Significant Development following recommendations from the Housing Delivery Authority (HDA).

There are a mix of regional and Sydney Metro projects which are being released every few weeks.

The early April update was for 20 projects.

The most notable was for the redevelopment of&nbsp;203-225 Victoria Street, Potts Point, home of the Potts Point Holiday Inn since 1985 and next door to the iconic Kings Cross Hotel.

The brief update from the Ministerial Order was for "the purpose of mixed-use development comprising commercial premises, tourist and visitor accommodation and residential accommodation with provision of affordable housing."

The Holiday Inn has been owned by property funds management giant Salter Brothers since 2023 when they acquired the hotel portfolio from IHG Hotels.

It was reported at the end of last year that Salter could list its $2 billion hotel portfolio on the ASX.

It would be another mixed-use development in the entry to Potts Point following the completion of Omnia, the luxury 20-level glass tower with 135 apartments, in 2018.

The most recent update from the NSW Government was just a few days ago when they added another 14 projects to the list, nine&nbsp;in metropolitan Sydney and five in regional NSW. If lodged and approved, the projects could create more than 4,200 homes across New South Wales.

The recent tranche of projects includes a 63-unit development at 307-315 Parramatta Road in Leichhardt.&nbsp;

Three projects are in Chatswood;&nbsp;12-14 Malvern Avenue, 5-7 Havilah St, Chatswood, and 815 Pacific Highway, Chatswood.

The new Castle Hill apartment development by UAE-based property giant Arada has been fast-tracked. Arada has signalled a $2.5 billion commitment to Sydney housing, with ambitions to add 2,500 dwellings across the region.

Their Castle Hill project, across Carrington Road, Middleton Avenue, Fishburn Crescent and Sexton Avenue, will have around 350 apartments designed by Woods Bagot.

Among new projects from Ryde to Wollongong is Woolworths' Neutral Bay mixed-use development at&nbsp;<a href="https://www.theurbandeveloper.com/articles/fabcot-north-shore-shoptop-neutral-bay-nsw">1-7 Rangers Road &amp; 50 Yeo Street</a>.

<img alt="Neutral Bay" data-entity-type="file" data-entity-uuid="64cefcb2-3dde-4889-9f50-9287129eded2" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-04-23%20at%2011.12.53%E2%80%AFAM.png?VersionId=0ULgIC775B8KpKQn40wYxJiwRUAvX6_p" />

Despite North Sydney Council's objections, the Sydney North Regional Planning Panel granted gateway approval, noting the proposal’s alignment with strategic housing goals.&nbsp;

The mixed-use development, anchored by a full-line Woolworths, will have 90 one, two and three-bedroom apartments, ground-level retail, and 2,420 sqm of office space.

To date, 78 proposals amounting to more than 32,100 potential homes have been declared state significant. Since the formation of the HDA, 15 projects have had Secretary Environmental Assessment Requirements issued. Recommendations from the HDA are published as required under the Environmental Planning and Assessment Act 1979 before the SSD declaration.

This is all part of the Minns Government’s plan to build a better NSW with more homes and services, so young people, families and key local workers have somewhere to live and in the communities they choose.

Potts Point Holiday Inn part of new State Significant Developments revealed by the NSW Gov

The First Home Owners Grant (FHOG) is a government initiative designed to help eligible first-time home buyers by offering financial assistance towards the purchase or construction of a new home.

While the FHOG is a nationwide program, it is administered separately by each state and territory, meaning the eligibility criteria, grant amounts, and property requirements can vary depending on your location. This means that the amount available and the conditions attached to the grant will differ, so it is important to check the specific guidelines for your state or territory.

It’s important to note that the FHOG is just one of several incentives available to first home buyers. In most states and territories, the grant is not linked to stamp duty exemptions or concessions, with the exception of the Australian Capital Territory (ACT). The FHOG is typically a one-off payment, reducing the overall cost of purchasing or building a new home before any stamp duty concessions are applied.

Below, we provide a breakdown of the First Home Owner Grants available across Australia, outlining the specific details for each state and territory.

<h2>New South Wales First Home Owner Grant</h2>

First Home Owner Grant: Offers a $10,000 grant for new homes valued up to $600,000. For land purchases and owner-builders, the threshold extends to $750,000.

Stamp Duty Benefits: Provides full stamp duty exemption for homes valued up to $800,000, with concessions available for properties up to $1 million.

<h2>Victoria South Wales First Home Owner Grant</h2>

First Home Owner Grant: Provides a $10,000 grant for first-home buyers purchasing or building new homes valued up to $750,000.

Stamp Duty Benefits: Offers full stamp duty exemption for properties up to $600,000, with concessions available up to $750,000.

<h2>Queensland First Home Owner Grant</h2>

First Home Owner Grant: Offers $30,000 for contracts signed between 20 November 2023 and 30 June 2025. The FHOG applies to new homes valued up to $750,000.

Stamp Duty Concessions: Provides additional concessions for properties valued up to $800,000.

<h2>Western Australia First Home Owner Grant</h2>

&nbsp;

First Home Owner Grant: Offers a $10,000 grant for new homes valued up to $750,000 in the southern regions and up to $1 million in the northern regions.

Stamp Duty Concessions: Available for homes valued up to $600,000 for transactions entered into on or after 9 May 2024.

<h2>Australian Capital Territory First Home Owner Grant</h2>

First Home Owner Grant: Replaced by the Home Buyer Concession Scheme, offering full stamp duty concessions for eligible buyers.

<h2>South Australia First Home Owner Grant</h2>

First Home Owner Grant: Provides up to $15,000 for new homes, including houses, apartments, and townhouses. As of 6 June 2024, there is no property value cap for eligibility.

Stamp Duty Relief: Available for new homes and vacant land purchases.

<h2>Tasmania First Home Owner Grant</h2>

First Home Owner Grant: Offers a $10,000 grant for new homes and off the plan purchases.

Stamp Duty Exemption: Between 18 February 2024 and 30 June 2026, first home buyers of established homes valued up to $750,000 receive a full exemption on property transfer duty.

<h2>Northern Territory First Home Owner Grant</h2>

First Home Owner Grant: The Northern Territory provides a $10,000 grant for new homes only. Additional government grants and concessions are available for first home buyers.

Stamp Duty Exemption: The only stamp duty exemption available to property buyers is the House and Land Package Exemption (HLPE).

Eligibility criteria and application processes differ across states. Prospective buyers should refer to their respective state revenue offices for full details on grant availability, conditions, and additional concessions.

Every First Home Owner Grant for new property by state

In the ever-evolving landscape of sustainable architecture and environmentally conscious design, systems and ratings in place can help determine the energy efficiency of residential buildings in Australia.

Australia has multiple building rating systems that evaluate energy efficiency and sustainability in existing and new building designs.

Some systems assess individual building components, while others provide an overall rating for the entire structure.

A rating system ensures that homes are comfortable and energy-efficient, whether you are buying, renovating, or building.

NatHERS (Nationwide House Energy Rating Scheme) is a common way for new homes to meet energy efficiency requirements.

As new developments continue to shape the urban environment, understanding NatHERS ratings becomes essential for developers and homeowners. This article delves into the concept of NatHERS ratings, their significance, and how they contribute to creating energy-efficient homes.

<h2>What is NatHERS?</h2>

NatHERS is a national initiative implemented by the Australian government to promote energy efficiency in residential buildings. The scheme aims to provide a standardised method for assessing the thermal performance of homes, considering factors such as insulation, orientation, ventilation, and building materials.&nbsp;

NatHERS ratings are the most common way new homes meet the National Construction Code's (NCC's) minimum energy efficiency requirements.&nbsp;

NatHERS assessments provide thermal and whole-home ratings for new homes, townhouses, and apartments.

The rating helps evaluate the energy performance of buildings, guides homeowners and developers to make informed decisions about the energy efficiency of their properties, and encourages the construction of more sustainable, comfortable, and cost-effective homes.

<h2>How NatHERS Ratings Work</h2>

NatHERS ratings are determined through four accredited software tools (AccuRate, BERS Pro, FirstRate5, HERO) using a calculation engine CSIRO developed to predict building temperature based on various factors.

The tools can model complex effects of building mass, insulation, window size, and other elements.

The outcome is a star rating that reflects the building's overall thermal efficiency, indicating how well it can maintain a comfortable indoor temperature without excessive reliance on heating or cooling systems.

The star rating scale ranges from 0 to 10, with a 6-star rating being the minimum requirement for compliance with the National Construction Code (NCC).&nbsp;

Achieving a higher star rating demonstrates a commitment to energy efficiency and sustainability, as the building is better equipped to minimise its environmental impact and reduce long-term energy costs.

Anyone can use NatHERS tools, but accredited assessors can provide certified ratings and professional advice.

<h2>Benefits of Higher NatHERS Ratings</h2>

Energy Efficiency: Buildings with higher NatHERS ratings are more energy-efficient, requiring less heating and cooling energy. This reduces the structure's carbon footprint and lowers occupants' energy bills.

Cost Savings: Homes with higher NatHERS ratings are generally more energy-efficient, resulting in reduced energy consumption for heating and cooling. This translates to lower energy bills for homeowners, making sustainable living environmentally friendly and economically viable in the long run.

Environmental Impact: Lower energy consumption directly translates to a reduced environmental impact. Buildings with higher NatHERS ratings contribute to the overall goal of mitigating climate change by lowering greenhouse gas emissions associated with heating and cooling systems.

Improved Comfort: Buildings with high NatHERS ratings offer better thermal comfort to occupants. Proper insulation, well-designed ventilation, and optimal orientation maintain a consistent and comfortable indoor temperature, providing occupants with a more enjoyable and healthier space.

Market Value and Desirability: Higher NatHERS ratings can enhance the market value of a property. As energy efficiency becomes a more significant consideration for homebuyers, a well-rated building may attract a premium price and stand out in the real estate market.

Compliance with Building Codes: NatHERS ratings are a vital component of the National Construction Code (NCC), and compliance with these ratings is often a mandatory requirement for new developments. Local councils and planning authorities may set minimum energy efficiency standards that must be met to obtain development approval.

The Nationwide House Energy Rating Scheme (NatHERS) is a crucial initiative shaping the future of energy-efficient, resilient, and cost-effective homes. With its recent upgrades, NatHERS has evolved into a world-leading tool for the building sector, supporting the global commitment to achieving net-zero emissions by 2050.

Urban Editorial

What is a NatHERS rating in new off the plan apartment developments?

Mixed-use developments have gained significant popularity across Australia in recent years due to their unique blend of residential, commercial, and recreational spaces.

Unlike traditional single-purpose developments, mixed-use projects offer a harmonious integration of various functions within a single locale.

Residential units seamlessly coexist with commercial establishments, retail outlets, dining venues, entertainment hubs, and recreational facilities, with the combination not only enhances convenience but also fosters a vibrant lifestyle and a sense of community.

<h3>Convenience and accessibility</h3>

Mixed-use developments are designed with convenience in mind. They often integrate residential units with commercial spaces, retail outlets, restaurants, and recreational facilities, creating a self-contained community.

[smartcode_project:default project_id=114215 project_image_fid=204874]

The proximity allows residents to enjoy the convenience of having essential amenities and services within walking distance. Whether it's grabbing a cup of coffee, going grocery shopping, or accessing healthcare services, everything is conveniently located, saving residents time and effort.

<h3>Vibrant lifestyle and community</h3>

One of the major advantages of mixed-use developments is the vibrant lifestyle they offer. With a diverse range of amenities and communal spaces, residents have ample opportunities to interact, socialise, and build a sense of community.

[smartcode_project:default project_id=107714 project_image_fid=214122]

The presence of parks, community centres, and shared spaces fosters a lively atmosphere, encouraging residents to engage in various activities and events. The vibrant lifestyle within these developments creates a unique sense of belonging and camaraderie among the residents.

<h3>Potential for higher rental yields and property value appreciation</h3>

Mixed-use developments tend to attract a broad range of tenants and buyers due to their versatile nature. This high demand can result in higher rental yields for investors and potentially lead to property value appreciation over time.

[smartcode_project:default project_id=139989 project_image_fid=212887]

The integration of commercial and retail spaces attracts businesses, which can provide a stable rental income stream. Additionally, the popularity of mixed-use developments often drives up property values, making them a potentially lucrative investment in the long term.

<h3>Enhanced security and maintenance</h3>

Mixed-use developments typically have comprehensive security measures in place. With controlled access points, CCTV surveillance, and professional security staff, residents can enjoy enhanced safety and peace of mind.

[smartcode_project:default project_id=108019 project_image_fid=212658]

Additionally, these developments often have dedicated maintenance teams responsible for the upkeep of common areas, landscaping, and infrastructure. This ensures that the overall appearance and functionality of the development are well-maintained, creating a pleasant living environment for residents.

<h3>Live-work-play balance</h3>

One of the key attractions of mixed-use developments is the ability to achieve a desirable live-work-play balance. The integration of residential and commercial spaces allows residents to live closer to their workplaces, reducing commuting time and improving work-life balance.

The proximity to various amenities and recreational facilities encourages an active and healthy lifestyle. Residents can easily access fitness centres, parks, restaurants, and entertainment options, all within the same development, leading to a more fulfilling and convenient way of life.

alisonwarters@gmail.com

The top five reasons to buy in a mixed-use development

When buying a property, everyone needs to be aware of the additional costs that come as part of the buying process.

Often the largest outlay, after the deposit which goes to the bank, is stamp duty.

<h2 style="line-height: 1.38;">What is Stamp Duty?</h2>

Stamp duty is an extra tax to pay the government when you buy land, a property, and other certain assets.

It happens when the legal ownership is transferred. It can also be known as property transfer duty or transfer duty.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="415" src="https://www.youtube.com/embed/C32BWkB5--c" title="YouTube video player" width="660"></iframe>

<h2>Who pays Stamp Duty?</h2>

In some circumstances, you may get an exemption. For some states, you won’t have to pay for stamp duty if you are a first home buyer or a pensioner for houses under a particular price. There are also stamp duty concessions, where you may be entitled to a discount.

<h2>How much does Stamp Duty cost?</h2>

Each state has different rules which affect how much you need to pay. These rules can affect the rate you pay, and the timeframe you will need to pay in. Before you buy land or a property, make sure you check the up-to-date information for your state’s stamp duty.

You can use a free stamp duty calculator online to see approximately how much you’ll need to pay. Find out if you’re eligible for an exemption by enquiring on a project via Urban!

Overall, the stamp duty you need to pay will depend on:

<ul>
	<li aria-level="1">How much your land/property is worth</li>
	<li aria-level="1">Where your land/property is located</li>
	<li aria-level="1">What type of land/property it is</li>
</ul>

Want to find out more? <a href="https://www.youtube.com/@UrbanAustralia?utm_source=YouTube&amp;utm_medium=Video&amp;utm_campaign=Subscribe&amp;utm_id=Subscribe">Subscribe to our YouTube channel</a> for more property videos.

Ellen Walker

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

A number of people ask - what is the settlement process when buying off the plan property?

The simple answer is that the process is one part of the off the plan buying journey that isn't too dissimilar to buying in the established market.

The major difference is the time from exchange to settlement, given the off the plan property isn't built yet. The standard settlement for established property is around six to eight weeks.

This however has a number of pros for off the plan buyers.

One of the biggest is that the price paid for the property at the time of exchange doesn't change. Even if the value of the apartment has risen during construction, buyers will still settle on their apartments at the same price agreed.

The settlement date will be forecasted in the contract, as to when the developer believes the building will be complete, and the certificate of occupancy is obtained. Then settlement can start to occur and buyers can move in.

The settlement date forecast is another pro for buyers. While this date can chop and change due to a number of reasons, least of all delays in construction, labour, and materials, it gives the buyer a ballpark future date where they need to have their finances in shape to settle.

By paying a deposit you lock in that price, and you might not be required to pay the rest of the deposit for two or three years, if the construction timeline is that far away. This allows buyers years to save up the rest of the money while their yet-to-be-built property potential grows in value.

The settlement date estimate also puts a time limit on buyers as to when they should either vacate their current rental, or put the wheels in motion to sell their current home.

If you're thinking of purchasing an off the plan apartment, it's a good idea to speak to a conveyancer or solicitor who can advise you on the settlement process and help ensure that everything goes smoothly.

A number of people ask - what is the settlement process when buying off the plan property?

Off the plan property settlement - how does it work?

Sydney-based P&amp;N Sleiman Group is the latest developer to descend on the booming Sunset Boulevard riverfront in Surfers Paradise.

<a href="https://www.urban.com.au/builders/pn-sleiman-group">P&amp;N Sleiman Group</a>, who was recently approved for a trio of towers in Burwood in Sydney's west, has filed for a 29-level tower at 52 Sunset Boulevard, one of four new towers to be submitted on the street in the last 12 months.

They're proposing 62 apartments, above four levels of basement parking.

<img alt="52 Sunset Boulevarde pool" data-entity-type="file" data-entity-uuid="16e27978-c828-46f1-bed5-aaa554c23ed3" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/52%20Sunset%20Boulevarde%20pool.png?VersionId=HnIMUQbncxNaSzDKB1hZ8_eWlWsVjrmS" />

The apartment mix features two, three, and four-bedroom configurations, as well as two double-level penthouses, each boasting private rooftop terraces with plunge pools.

There will be a gym, lounge, barbecue area, and infinity-edge pool on the third level for residents.

DBI designed the tower with a&nbsp;recessed central core and soft material palette, which they say "creates a building that is as elegant as it is bold." They said it would have a "refined presence on a street that’s quickly becoming a showcase for architectural ambition."

<img alt="52 Sunset Boulevarde rooftop" data-entity-type="file" data-entity-uuid="a80efc7b-284b-4ed2-8723-ea197e7fa9f3" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/52%20Sunset%20Boulevarde%20rooftop.png?VersionId=WjcRmRfYuuGzOkqfcnheBCvSQ6L8qazF" />

Sunset Boulevard has been in vogue since Roy Skaf's Macquarie York filed, and secured approval, for Sunset Residences, next door to the new plans at 50 Sunset Boulevard. Sunset Residences will have 43 apartments across a 17-level tower.

Another Sydney-based developer, YHY Group, filed plans a few doors down for a 33-level tower with 74 apartments, one being the&nbsp;<a href="https://www.urban.com.au/news/qld/first-look-the-gold-coasts-largest-penthouse-pitched-for-new-surfers-paradise-tower">Gold Coast's largest ever penthouse</a>. That's across a triple site combining 56, 58 and 60 Sunset Boulevard.

A private developer also has plans with the Gold Coast City Council for a 17-level, 30-unit tower at <a href="https://www.urban.com.au/new-apartments/15-sunset-boulevard-surfers-paradise">15 Sunset Boulevard</a>, just two apartments per floor.

First look exclusive: P&N Sleiman plots debut Gold Coast apartment project

Supermarket giant Coles and local developer Dimas Property Group have teamed up to create one of the most connected new apartment developments in Melbourne’s leafy Balwyn.

The partners secured a prime site on Whitehorse Road, opposite Balwyn Park and in the prized Balwyn High School catchment area.

They appointed the in-demand architecture firm <a href="https://www.urban.com.au/architects/cera-stribley-architects">Cera Stribley</a> to design <a href="https://www.urban.com.au/new-apartments/white-weston-balwyn-village-259-281-whitehorse-road-balwyn-vic-3103">White &amp; Weston</a>, just 45 two, three and four-bedroom apartments across a low-rise three-level building set in gardens by the equally sought-after landscape architect <a href="https://www.urban.com.au/landscape-architect/jack-merlo">Jack Merlo</a>. The apartments will sit above a full-line Coles, offering the ultimate convenience for residents.

[smartcode_project:default project_id=136850 project_image_fid=343596]

The apartments overlook Balwyn Park, home to an AFL oval, kids playground, tennis club and bowling club.

Cera Stribley Interior Design Director, Jessica Coulter, said the homes were designed to feel personal and functional, with materials selected to reflect a connection to nature.&nbsp;

“We really understand what goes into creating a truly amazing home,” Coulter said. “We’re always looking for those individual moments that make a space special.”

[smartcode_project:default project_id=136850 project_image_fid=343582]

Each residence is fitted with Miele appliances, Signorino stone finishes, Block flooring, and Great Dane lighting.&nbsp;

Private terraces and rooftop gardens were designed to act as extensions of the living areas, offering additional usable space for residents.

“We’ve had some really generous outdoor spaces to work with,” Coulter added. "The communal roof garden is an expansion of the individual homes."

The 655 sqm residents garden, curated by Jack Merlo, feature a mix of native and exotic plantings, delivering year-round greenery opposite the park.

[smartcode_project:default project_id=136850 project_image_fid=343581]

Each home is optimised for energy efficiency under Sustainability Victoria’s Whole of Home Initiative—reducing costs and environmental impact.

White &amp; Weston is also optimised for energy efficiency under Sustainability Victoria’s Whole of Home Initiative, reducing running costs and environmental impact.

Security and convenience are also top of mind, with basement parking equipped with number plate recognition technology and a BESS (Built Environment Sustainability Scorecard) rating 10 per cent above industry average.

[smartcode_project:default project_id=136850 project_image_fid=343584]

Each apartment is sold with a six-year building guarantee and 52-week defect coverage. An incentive offer for early buyers via Urban.com.au includes a complimentary whitegoods package for the first three purchasers.

Marshall White Projects Director Liam Adey says early interest has come from empty nesters, professional singles, and young couples.

[smartcode_project_cta:default project_id=136850]

Marshall White Projects Director Liam Adey says early interest has come from empty nesters, professional singles, and young couples

Coles and Dimas Property Group launch White & Weston in Balwyn Village

<a href="https://www.urban.com.au/developers/sekisui-house-australia">Sekisui House Australia</a> and Hankyu Hanshin Properties have received development approval for the sixth stage in Melrose Park’s urban renewal masterplanned community in Sydney’s north west.&nbsp;

Designed by <a href="https://www.urban.com.au/architects/group-gsa">GroupGSA</a>, Aeris is the most visionary stage yet in Melrose Park. The two 20 and 24-level towers, significantly higher than what has come before in the Melrose Park masterplan, will feature 468 apartments. There will also be a smaller&nbsp;seven-level building atop a common basement podium.&nbsp;

'Aeris' derives its name from the Latin word 'aer,' meaning 'air.' The name captures the essence of the limitless sky and expansive vistas that this stage offers. Aeris embodies a sense of openness, symbolising boundless possibilities and the freedom of vast, open spaces.&nbsp;

It is the latest realisation of Sekisui House Australia’s vision at <a href="https://www.urban.com.au/developments/melrose-park-nsw-2114">Melrose Park</a>, where apartments reach new heights in design, craftsmanship and amenity, offering sweeping city views and a home that will continue to reward now and into the future.

<img alt="Aeris, Melrose Park" data-entity-type="file" data-entity-uuid="2359a181-4aab-43ae-9ec8-abe730989645" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Aeris_Stage%206_3.jpg?VersionId=ikUui099uVJUabG_TDbxjUsIqfPCe_JO" />

Alex Grujovski, Project Director – Apartment &amp; Mixed-Use Developments at Sekisui House Australia, said development approval for Aeris represents an exciting chapter in the evolution of Melrose Park in transforming the former industrial precinct.

"This stage reflects our commitment to creating sustainable, vibrant communities that enhance the lives of residents and contribute in a positive way to the environment,"&nbsp;Grujovski said.

“Aeris will redefine urban living with cutting-edge design, sustainability features and lifestyle amenities. Apartments will be spacious, modern and equipped with smart home technology, including digital keyless entry and remote-controlled lighting.”

<img alt="Aeris, Melrose Park" data-entity-type="file" data-entity-uuid="9c231665-f25c-476a-99b3-cae38074235b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Aeris_Stage%206_2.jpg?VersionId=_VIwX3ybdIlqnHpbV2WWYTwKfObvkcaM" />

Residents will enjoy premium facilities including a rooftop pool and recreation deck designed in collaboration with ASPECT Studios, offering panoramic views over the masterplan. Additional amenities include communal alfresco BBQ/dining areas, a fully equipped gym and secure parking.

Aeris will enhance Melrose Park’s connectivity through pedestrian pathways, internal road networks and access to parks, the future Town Centre and key transport links. A publicly accessible through-site link will connect residents with future amenities.

The first apartments in Aeris are planned to be released in Q2 2025, with construction anticipated to commence in late 2025 and completion slated for 2027.&nbsp;

Sekisui House Australia’s $5 billion Melrose Park project is set to transform into a thriving new community upon completion, significantly enhancing the housing supply in the north-west of Sydney with 5,500 homes, a commercial and retail town centre and extensive parklands.&nbsp;

Over 52,000 sqm of green open spaces have received development approval in Melrose Park, comprising Central Park (17,586 sqm, soon to be renamed), Wharf Road Gardens (19,960 sqm), and Western Parklands (15,102 sqm), providing expansive green spaces for the growing community.&nbsp;

The first apartments in Aeris are planned to be released in Q2 2025, with construction anticipated to commence in late 2025 and completion slated for 2027

Sekisui secures approval for Aeris, next stage at $5 billion Melrose Park masterplan

<a href="https://www.urban.com.au/developers/lewis-land-group">Lewis Land Group</a> has officially launched the next release within its landmark Gold Coast masterplan, Harbour Shores.

The new release, Palm House, builds on the momentum of the first stage of the Biggera Waters community, which is already under construction and over 50 per cent sold.

Palm House introduces an exclusive collection of just 60 two and three-bedroom apartments across a seven-level building. These homes feature open-plan interiors, expansive balconies, and contemporary finishes.

[smartcode_project:default project_id=113271 project_image_fid=336743]

Generously sized kitchens with large islands, seamless indoor-outdoor flow, and secure basement parking with additional storage underscore the thoughtful attention to detail.

Every apartment embraces <a href="https://www.urban.com.au/new-apartments/harbour-shores-biggera-waters-564-oxley-drive-biggera-waters">Harbour Shores</a>’ signature coastal palette of soft tones and organic textures, maximising natural light and enhancing the serenity of its waterside setting.

[smartcode_project:default project_id=113271 project_image_fid=290044]

Residents of the new release will enjoy full access to Harbour Shores’ unmatched suite of resort-style amenities. The community boasts a 25-metre lagoon pool, a state-of-the-art gym, yoga studio, sauna, tennis courts, and an expansive 1.2km waterfront boardwalk.&nbsp;

For families and outdoor enthusiasts, The Green parklands and a network of walking and cycling paths provide abundant green space to relax and play.

The Clubhouse, a social hub with indoor-outdoor entertaining spaces, will anchor community life. On-site cafés and eateries, as well as proximity to Harbour Town Premium Outlets, ensure day-to-day convenience with a lifestyle edge.

[smartcode_project:default project_id=113271 project_image_fid=290031]

As part of Lewis Land’s long-term sustainability vision, the entire Harbour Shores precinct – including this latest release – is targeting a 6 Star Green Star rating.&nbsp;

Eco-conscious initiatives include solar energy, EV charging infrastructure, water-retention systems, and the planting of over 200,000 native and tropical species across the site.

Apartments in the new release start from just under $1 million. Limited marina berths are also available.

[smartcode_project_cta:default project_id=113271]

Apartments in the new release start from just under $1 million. 

Lewis Land unveils Palm House, Harbour Shores latest stage

Local South East Queensland builder-developer Gardner Vaughan Group has kicked off another in a long line of new mixed-use developments in Brisbane's inner ring.

This time they're developing in Nundah, where the family-run business has called its HQ for over a decade.

They've just put shovel to ground on <a href="https://www.urban.com.au/new-apartments/danby-lane-nundah-village-5-danby-lane-nundah">Danby Lane</a>, a mixed-use commercial and residential development just of 84 two, three and four-bedroom apartments that will sit above a series of retail and commercial spaces. As a sign of trust in what they deliver, <a href="https://www.urban.com.au/developers/gardner-vaughan-group">Gardner Vaughan</a> will relocate their current <a href="https://www.urban.com.au/developments/nundah-qld-4012">Nundah</a> office to one of the commercial spaces.

[smartcode_project:default project_id=112531 project_image_fid=320117]

GVG Commercial Director, Sam Gardner, said the ground-breaking is "about building momentum."

“Danby Lane represents our commitment to delivering places with purposes, designed for real people living real lives right here in Nundah," Gardner says.

"As a long-standing, family-owned builder and developer based in Nundah, we are committed to keeping our neighbours and surrounding residents informed of every step relating to the build of Danby Lane. Transparency and open communication are key to delivering a project that respects and enhances the community we’re proud to be part of.”

[smartcode_project:default project_id=112531 project_image_fid=340186]

Simon Betteridge, CEO of GVG, described Danby Lane as more than just an apartment complex, calling it a "lifestyle destination."

“Our vision for Danby Lane goes beyond just building apartment homes, we’re creating a community," Betteridge says.

"Having called Nundah GVG’s home for over a decade, we wanted this development to reflect the spirit of the area - where history, modern living and a strong sense of connection come together. A key part of this vision was to create a new gateway to Nundah, acting as a landmark for the area and contributing to its ongoing revitalisation.

The project’s brick arch façades are a respectful nod to Nundah’s architectural past, while establishing a striking, modern identity for the future.

[smartcode_project:default project_id=112531 project_image_fid=320114]

The 12-level building will feature a&nbsp;vibrant ground-floor retail and an array of resort-style resident amenities, including a pool, gym, function room and rooftop recreational area with sweeping city views.

Brisbane City Councillor Adam Allan reinforced Council’s support for urban renewal that aligns with long-term sustainability and liveability goals.

“Danby Lane will bring fresh energy into the heart of Nundah,” Councillor Allan said.

“It’s a smart, community-first development that reflects the way locals want to live, walkable, connected and full of life.”

Construction of Danby Lane is now underway, with completion anticipated in 2027.

[smartcode_project_cta:default project_id=112531]

The 12-level building will feature a vibrant ground-floor retail and an array of resort-style resident amenities, including a pool, gym, function room and rooftop recreational area with sweeping city views

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