Elevate Hume Place, the new apartment development above Crows Nest Metro by developer&nbsp;<a href="https://www.urban.com.au/developers/thirdi-group">Third.i</a> and joint venture partner&nbsp;Phoenix Property Investors, has raced to 50 per cent sold.

Both local and international buyers have driven the sales of one of the most popular&nbsp;transit-oriented developments in Sydney, above the newly opened metro that will connect future Elevate residents to the rest of Sydney in minutes.

Read more:&nbsp;<a href="https://www.urban.com.au/news/nsw/third-i-offer-10k-deposits-at-elevate-hume-place-apartments-above-crows-nest-metro">Third.I offer $10k deposits at Elevate Hume Place apartments above Crows Nest Metro</a>

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Designed by Woods Bagot, <a href="https://www.urban.com.au/new-apartments/elevate-hume-place-crows-nest-25-hume-street-crows-nest-nsw-2065">Elevate Hume Place</a>&nbsp;comprises&nbsp;130 one, two, and three-bedroom apartments.

Third.i Co-Founder Luke Berry said the project has received over 6,000 leads with over 400 appointments to date, with this unprecedented demand and strong interest not only reflecting the quality of the apartments but also the increasing demand for convenient, transit-oriented living in Sydney's dynamic real estate market.

“With over 50 per cent of Elevate Hume Place sold, this achievement highlights the growing appetite for contemporary living that prioritises accessibility and connectivity,” Berry stated.

“The design, amenities, demographic, and prime location of Elevate Hume Place have attracted a diverse range of local and international buyers, from young professionals and first home buyers to investors and downsizers, all seeking the perfect blend of urban convenience and community charm.”

Freya Watson, JLL’s Head of Residential Project Sales Australia - the sales partner for Elevate Hume Place - shared insights into the diverse range of buyers the development has attracted.

“Elevate Hume Place sets a new standard for transit-oriented living, appealing to both owner-occupiers and investors. Properties near metro stations often achieve a 20-30 per cent price premium and attract high rental demand, which has contributed to the strong buyer interest. Buyers clearly recognise the long-term potential of this development.”

Read more:&nbsp;<a href="https://www.urban.com.au/news/nsw/why-the-investment-potential-at-elevate-hume-place-above-crows-nest-metro-is-proving-too-good-to-miss">Why the investment potential at Elevate Hume Place above Crows Nest Metro is proving too good to miss</a>

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A significant portion of the buyer interest has come from Asia.

Among these international buyers, 25% are seeking residences for their children studying in Sydney, while another 25% are Australian passport holders or permanent residents looking for personal stays. The remaining 50% are investment-driven buyers, primarily from Singapore and Hong Kong, attracted by the project’s strong rental return potential.

“The Metro is a huge draw for buyers, especially those who value or are accustomed to the convenience of public transport, with its prime location and quick access to the CBD," Watson added.

"The city views are also a major attraction, along with the abundance of schools and universities right on the doorstep."

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Berry says Elevate Hume Place buyers will experience a perfect blend of connectivity, community, and the vibrant lifestyle that <a href="https://www.urban.com.au/developments/crows-nest-nsw-2065">Crows Nest</a> offers.

“Elevate features shared spaces that promote community interaction, iconic Sydney views, and sustainable design elements. The thoughtfully designed apartments foster a meaningful connection to the natural surroundings while honouring the site’s rich history. In addition to direct metro access, residents will benefit from being close to Crows Nest Village, which provides a variety of lifestyle amenities.”

Prices at Elevate start from $970,000.

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Unprecedented demand from local and international buyers for Third.i’s transit-oriented development

Joel Robinson

Third.i sells 50 per cent of Elevate, Hume Place apartments above Crows Nest Metro

Malaysian-Australian developer&nbsp;<a href="https://www.urban.com.au/developers/mrcb">MRCB</a>&nbsp;has won PropertyGuru's Best Apartment Architectural Design and the inaugural Sustainable Design Award for its 26 Vista apartment development in Surfers Paradise.

The accolades were announced during the 7th PropertyGuru Asia Property Awards (Australia) ceremony held at the Grand Hyatt Melbourne, celebrating achievements in real estate across the country.

Located on Vista Street just one row back from the beach, <a href="https://www.urban.com.au/new-apartments/vista-surfers-paradise-26-vista-street-surfers-paradise">26 Vista</a> will rise 51 levels and home 280 apartments. 70 per cent have already sold, before construction commencement.

&nbsp;

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MRCB International CEO, Ravi Krishnan, said they believe 26 Vista will be the greenest tower on the Gold Coast.

"In designing 26 Vista, our aim was to mirror the dedication we bring to all our projects, carefully crafting a sustainable yet prestigious living experience for both current and future residents of <a href="https://www.urban.com.au/developments/surfers-paradise-qld-4217">Surfers Paradise</a>," Krishnan, said.&nbsp;

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MRCB has also employed a number of other green initiatives for 26 Vista, including adopting an all-electric solution and eliminating gas via SUPA Energy, Australia’s most progressive energy solution.

These initiatives align with the developer's emphasis on sustainable construction practices, supported by its proprietary MRCB Building System (MBS).&nbsp;

This modular construction technology allows for up to 85 per cent of the building process to be completed off-site, significantly reducing energy consumption, carbon emissions, and waste while enhancing overall build quality.

&nbsp;

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26 Vista will also offer EV car-sharing options in partnership with mobility company Outbound, making it one of the first residential buildings on the Gold Coast to provide this service.

"The project is a real showcase of what’s possible when developers prioritise convenience, luxury, and sustainability for the benefit of their residents," Outbound CEO Luke Rust said.

"Electric car sharing is an accelerating trend in buildings around the world and we’re excited to be pioneering the concept in Queensland.

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Since launching to market in early 2023, over 70 per cent of the apartments at 26 Vista have sold.

26 Vista will also offer residents lush private rooftop gardens and sky-high residents' lounges, providing 360-degree views of South East Queensland, along with offering a hotel-styled wellness precinct featuring a state-of-the-art gym, outdoor yoga space, outdoor pool and spa, sauna, and a steam room.

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MRCB International CEO, Ravi Krishnan, said they believe 26 Vista will be the greenest tower on the Gold Coast.

MRCB clinch Sustainable Design Award and Best Apartment Architectural Design for 26 Vista, Surfers Paradise apartments

BLVD, the latest tower in OSK Property's $3 billion Melbourne Square precinct in&nbsp;<a href="https://www.urban.com.au/developments/southbank-vic-3006">Southbank</a>, has taken out the Best Apartment Development (Australia) award at the 7th Property Guru Asia Property Awards.

The awards ceremony at the Grand Hyatt Melbourne celebrated achievements across the country’s property sector.&nbsp;

<a href="https://www.urban.com.au/new-apartments/blvd-at-melbourne-square-19-hoff-boulevard-southbank">BLVD</a> also earned Best Wellness Residential Development, Best Integrated Work from Home Development, and Best Apartment Interior Design.

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The 74-level tower is among the first Australian residential projects registered to pursue WELL Certification, which assesses the built environment's impact on human health and well-being.&nbsp;

BLVD incorporates gas-free residences, carbon-neutral operation capabilities, and EV charging, reflecting a strong focus on sustainability.

Designed by <a href="https://www.urban.com.au/architects/cox-architecture">Cox Architecture</a> with interior design partners <a href="https://www.urban.com.au/interior-designers/carr-interiors">CARR</a>, the geometrically intricate residential building will be home to just over 600 apartments inspired by nature and offered in various colour palettes.

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The Level 8 Podium Club will offer residents views across Melbourne, a state-of-the-art gym, a 25-metre indoor swimming pool, spa, and sauna. Two more levels of amenity will feature&nbsp;a cinema, karaoke room, and a golf simulator.

The podium level of BLVD features a zen garden with barbecue facilities, alfresco spaces, and shaded seating areas.

The owners of the premium residences in BLVD have exclusive access to the Level 55 Skye Club which is home to another gym, cocktail lounge, private dining rooms, and the best views from any amenity space within the tower.

For work, the Co-Quarter Business Facilities offer co-working spaces, private pods, and meeting facilities with views of the Royal Botanic Gardens.

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BLVD has been designed to be its own community, with curated community events aimed to bring residents together, from book clubs to personal training groups.

Construction of BLVD is being delivered by <a href="https://www.urban.com.au/builders/multiplex">Multiplex</a>, which also handled earlier stages of the Melbourne Square precinct. The project broke ground earlier this year and is expected to be completed by early 2028.

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Construction of BLVD is being delivered by Multiplex, which also handled earlier stages of the Melbourne Square precinct.

OSK Property takes out Best Apartment Development for BLVD in Southbank

A decade-long vision to redefine Perth’s urban landscape has earned <a href="https://www.urban.com.au/developers/golden-sedayu">Golden Sedayu</a> the prestigious Best Mixed-Use Development award at the 7th PropertyGuru Asia Property Awards (Australia), recognising the transformative potential of its flagship project, Burswood Point.

<a href="https://www.urban.com.au/new-townhouses/burswood-point-saintly-entrance-burswood">Burswood Point</a> is a $3.8 billion redevelopment of a 38-hectare site around Belmont Racecourse, which includes 4,500 new dwellings, retail and commercial precincts, luxury hotels, and riverside parks.

The project is expected to contribute over $10 billion to the state economy while creating 25,700 jobs.&nbsp;

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Developer Golden Sedayu, a partnership between Perth’s Golden Group and Indonesia's Agung Sedayu, has emphasised sustainability and livability in its masterplan, featuring 2.5 kilometres of Swan River foreshore and 110,000 sqm of public open space, including parklands, beaches, and playgrounds, as integral to the design.

Work on Burswood Point is already well underway, with $80 million spent on site preparation, including new infrastructure and roadworks.

Approvals for the precinct plan and initial construction have been secured, with further development applications for additional towers in progress.&nbsp;

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The first homes and apartments at its first stage, Somerset, launched to the market earlier this year. There has been a strong take-up for the 95 one, two, three and four-bedroom apartments spread across two towers, known as Somerset East and Somerset West.

Also released has been a handful of&nbsp;three-level, green-title homes that will include luxury features such as elevators, making them particularly appealing to downsizers seeking long-term living solutions.

Residents will also have access to a range of amenities, including a 25-meter lap infinity pool, gym, sauna, and residents' dining areas.&nbsp;

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The first stage of Burswood Point will feature a mix of retail and commercial spaces like a café and grocery store.

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The first homes and apartments at its first stage, Somerset, launched to the market earlier this year

Perth’s Burswood Point wins prestigious Best Mixed-Use Development award

Due to unique circumstances surrounding the release of The Grand Residences Eastlakes apartments, there is now a rare opportunity for home buyers and investors to secure a foothold in Sydney’s coveted Eastern Suburbs property market.

Located above the Eastlakes Shopping Centre on Evans Avenue, these apartments were developed by the renowned Crown Group, which initially retained around one-third of the units following their off the plan and post-completion sales campaigns.

However, after a shareholder dispute led to Crown Group entering provisional liquidation in August 2023, the remaining apartments have been re-released to the market at a price point that is unmatched in the new apartment market of the Eastern Suburbs.

The final selection of apartments is available, offering one, two, and three-bedroom units ranging from $745,000 to $1,675,000.

<h2>Receiver Warranty Bonus</h2>

A key advantage for buyers is that, as part of the receiver sale, all apartments at The Grand Residences Eastlakes come with an extended warranty.

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In a typical direct purchase from a developer, buyers usually have a 90-day window to identify any defects in the apartment. However, under the current arrangement with BDO, new buyers will receive an extended warranty that covers them from the settlement date through to June 30, 2025.

The warranty covers all internal fixtures and fittings, including light fittings, taps, carpets, joinery, and other details, for all available apartments, including those that have previously been rented.

<h2>Value Proposition</h2>

There are no true comparable apartments in Eastlakes, or even the surrounding suburbs, that match the quality, design, and finishes found at <a href="https://www.urban.com.au/buildings/the-grand-residences-eastlakes-16-evans-avenue-eastlakes">The Grand Residences</a>. Completed as Crown Group’s final development, these apartments set a new benchmark for luxury in the area.

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<a href="https://www.urban.com.au/developers/crown-group">Crown Group</a> has long been synonymous with exceptional quality, having delivered iconic projects such as Arc by Crown in the Sydney CBD, Infinity Square at Green Square, and Waterfall by Crown in Sydney—all of which have earned multiple industry awards over the years.

The Grand Residences feature spacious floorplans, floor-to-ceiling glass doors that open onto large balconies, and kitchens equipped with high-end SMEG appliances and sleek stone island benches in the larger apartments.

<h2>Location &amp; Amenities</h2>

In true Crown Group style, the amenities at The Grand Residences are a standout feature, with the 25-metre heated pool serving as the centrepiece. Additional highlights include a well-equipped gym, an impressive rooftop deck with alfresco dining areas, built-in barbecue facilities, and a TV zone. From the rooftop, residents can enjoy expansive views back towards the city.

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Each apartment comes with secure parking, and select units feature separate studies, catering to the diverse needs of buyers. Strategically located for easy access to Sydney’s CBD, popular beaches, and key amenities, The Grand Residences is positioned at the edge of the city’s thriving inner-east, close to vibrant neighbourhoods like Rosebery and Alexandria. The surrounding area offers a dynamic mix of cultural attractions, including the renowned Cannery café and dining precinct, along with supermarkets, specialty stores, and essential services.

Since its launch, the development has attracted steady interest from first home buyers, downsizers, and investors, drawn to the area’s strong rental yields and growing property values.

As the final apartments are sold, <a href="https://www.urban.com.au/project-marketer/mcgrath-projects">McGrath Projects</a> and Crown Property Agency are overseeing the sell-down process, with several fully furnished display units now available for viewing.

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Under the current arrangement with BDO, new buyers will receive an extended warranty that covers them from the settlement date through to June 30, 2025

Receiver sale with extended warranty: The added benefits of buying at The Grand Residences Eastlakes

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.

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The proximity allows residents to enjoy the convenience of having essential amenities and services within walking distance. Whether it's grabbing a cup of coffee, going grocery shopping, or accessing healthcare services, everything is conveniently located, saving residents time and effort.

<h3>Vibrant lifestyle and community</h3>

One of the major advantages of mixed-use developments is the vibrant lifestyle they offer. With a diverse range of amenities and communal spaces, residents have ample opportunities to interact, socialise, and build a sense of community.

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The presence of parks, community centres, and shared spaces fosters a lively atmosphere, encouraging residents to engage in various activities and events. The vibrant lifestyle within these developments creates a unique sense of belonging and camaraderie among the residents.

<h3>Potential for higher rental yields and property value appreciation</h3>

Mixed-use developments tend to attract a broad range of tenants and buyers due to their versatile nature. This high demand can result in higher rental yields for investors and potentially lead to property value appreciation over time.

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The integration of commercial and retail spaces attracts businesses, which can provide a stable rental income stream. Additionally, the popularity of mixed-use developments often drives up property values, making them a potentially lucrative investment in the long term.

<h3>Enhanced security and maintenance</h3>

Mixed-use developments typically have comprehensive security measures in place. With controlled access points, CCTV surveillance, and professional security staff, residents can enjoy enhanced safety and peace of mind.

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Additionally, these developments often have dedicated maintenance teams responsible for the upkeep of common areas, landscaping, and infrastructure. This ensures that the overall appearance and functionality of the development are well-maintained, creating a pleasant living environment for residents.

<h3>Live-work-play balance</h3>

One of the key attractions of mixed-use developments is the ability to achieve a desirable live-work-play balance. The integration of residential and commercial spaces allows residents to live closer to their workplaces, reducing commuting time and improving work-life balance.

The proximity to various amenities and recreational facilities encourages an active and healthy lifestyle. Residents can easily access fitness centres, parks, restaurants, and entertainment options, all within the same development, leading to a more fulfilling and convenient way of life.

alisonwarters@gmail.com

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

When buying a property, everyone needs to be aware of the additional costs that come as part of the buying process.

Often the largest outlay, after the deposit which goes to the bank, is stamp duty.

<h2 style="line-height: 1.38;">What is Stamp Duty?</h2>

Stamp duty is an extra tax to pay the government when you buy land, a property, and other certain assets.

It happens when the legal ownership is transferred. It can also be known as property transfer duty or transfer duty.

<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?

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

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

How to read a floor plan, what questions to ask, and why it's important for off the plan property buyers

Pymble has long been regarded as one of the North Shore's best suburbs.

Dominated by large house estates and most popular with families given the proximity to some of Sydney's best schools, Pymble is an affluent, family-friendly suburb offering a peaceful, suburban lifestyle.

The best street?&nbsp;<a href="https://www.urban.com.au/projects/5-7-telegraph-road-pymble" target="">Telegraph Road</a>.

There have been nine sales over $5 million in the last five years. The street record was set earlier this year when a 2021-built home sold for just over $8 million.

Telegraph Road delivers the best of <a href="https://www.urban.com.au/developments/pymble-nsw-2073">Pymble</a>, a leafy street with large estate, but with the added value of close proximity to the Pacific Highway and Mona Vale Road.

At the Eastern end of Telegraph Road, local developer <a href="https://www.urban.com.au/developers/harvie-group">Harvie Group</a> secured over 3,000 sqm and is delivering <a href="https://www.urban.com.au/new-townhouses/coachwood-pymble-76-telegraph-road-pymble">Coachwood</a>, some of the only townhouses in the suburb.

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Of the 4,000 homes in Pymble, less than 100 are a townhouse, the last census showed.

The rarity of such a development hasn't been lost on locals, with three of the 10 townhouses already snapped up.

The townhouses have been designed to cater for the downsizer. Each have three bedrooms, three bathrooms, a fireplace, and outdoor enteratining areas.

Some residences offer the buyer to include a private lift.

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Future residents of Coachwood will be a short walk from&nbsp;local boutiques, cafés, and restaurants, which are increasing in number.

Public transport options are also easily accessible, with Pymble Train Station just minutes away.

Down the road is the&nbsp;Dalrymple-Hay Nature Reserve, where the Browns Forest loop trail offers an unspoilt walking experience amid the Blue Gum forest, and the&nbsp;revered Pymble Golf Club is a five-minute drive.

Bobbin Head, located 18 minutes away, provides further opportunities for outdoor activities, including bushwalking, fishing, and picnicking.

[smartcode_project:default project_id=146554 project_image_fid=316592]

Coachwood is also well-positioned near top educational institutions, including Sacred Heart Pymble Primary School, Pymble Public School, and Pymble Ladies’ College.

Construction firm&nbsp;<a href="https://www.urban.com.au/builders/dilcara">Dilcara</a> has already commenced construction of Coachwood, and is estimating a late 2025 completion.

[smartcode_project_cta:default project_id=146554]

Future residents of Coachwood will be a short walk from local boutiques, cafés, and restaurants, which are increasing in number

Telegraph Road set to score Pymble rare new townhouse development

Penthouses and Surry Hills/Redfern don't often go hand in hand.

The predominantly low-rise, inner-city suburbs, starved of new apartment development in the last decade, haven't witnessed true penthouse living like some of its neighbouring suburbs. Until now.

Builder developer TOGA recently drew back the curtain on&nbsp;<a href="https://www.urban.com.au/buildings/surry-hills-village-redfern-6-14-baptist-street-redfern-nsw-2016">Surry Hills Village</a>, the redevelopment of the former 'Murder Mall' on the fringe of Redfern and Surry Hills.

[smartcode_project:default project_id=9302 project_image_fid=306319]

They strategically kept one penthouse until completion, but that's already been snapped.

The buyer has likely paid a price that would be toward the top of the record books in both Surry Hills and Redfern, given the three-bedroom penthouse was being offered with expressions of interest above $7.5 million.

<a href="https://www.urban.com.au/architects/sjb-architects">SJB</a> Director Adam Haddow took inspiration from his&nbsp;own award-winning Redfern residence when designing the penthouses at Surry Hills Village.

"The open living and garden courtyards, the framing of the views, privacy without fences… all these features draw on my investigations in creating my own home," Haddow said.

The idea was to create a peaceful retreat, something rarely found in the inner city.

The penthouse features a main terrace area, designed for alfresco dining, a striking kitchen with a scullery, marble island and integrated Sub-Zero Wolf appliances, and a custom bar area concealed behind leather-bound joinery doors, fitted with display shelving and a Sub-Zero wine fridge.

<img alt="TOGA" data-entity-type="file" data-entity-uuid="75d33db0-fea8-44a1-aeb6-7ebfcd46da7c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-11-25%20at%202.00.12%E2%80%AFPM.png?VersionId=wjeV.xzOtbmNzqfzBtyYCXZyQ3xoXd7v" />

The recent completion of Surry Hills Village marks an eight-year journey for TOGA, who bought the former shopping centre way back in 2016.

Understanding the importance of the development given its prime position between two of Sydney's most popular suburbs, and at the end of Crown Street, Sydneysiders' go-to street for hospitality, TOGA knew they had to create something that befitted its location.

As well as the 122 apartments, Surry Hills Village is also home to Wunderlich Lane,&nbsp;designed as a lifestyle destination with 25 hospitality venues, markets, boutique retail stores, and creative workspaces.&nbsp;

Wunderlich Lane is already thriving, with several operators already having opened their doors.

[smartcode_project:default project_id=9302 project_image_fid=313542]

Coles, Vintage Cellars, Harris Farm, QMan Barber, Blooms The Chemist and Beyond Eyecare have now opened, and they will soon be joined by Lumi Dining Group, House Made Hospitality and Olympus Dining (by the Apollo Group). The precinct opens in stages until autumn next year.

TOGA is selling the final two and three-bedroom apartments in the building that is already proving to be a landmark for both residents and visitors.

[smartcode_project_cta:default project_id=9302]

SJB Director Adam Haddow took inspiration from his own award-winning Redfern residence when designing the penthouses at Surry Hills Village.

Surry Hills Village penthouse sells for near-suburb record

The first release of Mirvac’s luxury Harbourside Residences in Sydney’s Darling Harbour has sold out, resulting in a fast track of the second release to the market.

They've secured over $600 million of pre-sales, a record for Mirvac.Over 140 apartments have been conditionally sold to local buyers with sold prices ranging from just over $1.7 million to $25 million.

The sales launch for the 48-level luxury residential tower, a redevelopment of the former Harbourside shopping centre, saw a strong response from a diverse range of buyers including downsizers, families and couples from the local market, including the inner west, north west, eastern suburbs, and north shore of Sydney. There were also some interstate buyers.

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Stuart Penklis, Mirvac's CEO of Development, said there was unprecedented demand from discerning buyers who recognise the unique opportunity Harbourside presents, driving what he believes is an Australian real estate pre-sales record.

“The exceptional level of amenity we're offering is unparalleled, reflecting our understanding of what luxury buyers desire," Penklis says.

"In creating Harbourside, we're drawing on over 50 years of experience in design excellence, development, and construction to Mirvac’s exacting standards. Our customers know and trust the Mirvac brand and our commitment to delivering the highest quality.

“With the success of the first two sales releases this weekend, we are looking forward to releasing future stages progressively through delivery, with construction completion anticipated in late 2027."

[smartcode_project:default project_id=141327 project_image_fid=314723]

Harbourside Residences will include 263 apartments and feature an entire floor of high-end, resort-style amenity including an outdoor infinity pool with cabanas, a landscaped terrace and yoga/pilates space, indoor lap pool and spa, plus wellness facilities including steam room and sauna. There's also a range of private indoor facilities including a lounge, dining room with kitchen, cinema, and double-storey golf simulator.

Over 40 per cent of new Harbourside owners were repeat Mirvac customers.

“We were delighted to see so many familiar faces at this launch,” Penklis said.

“In the lead up to the VIP sales launch, we offered our valued customers exclusive previews of Harbourside at our state-of-the-art display suite, and their enthusiasm was overwhelming.”

The strong local buyer profile highlights the significant appeal of Harbourside's prime location and its promise of an exceptional lifestyle on Sydney's iconic waterfront, within a fully revitalised Darling Harbour.

“Many customers have shared a strong emotional connection to Harbourside, sharing nostalgic stories whether it be a visit as a child or a fond memory of their experiences at Harbourside with their family,” Penklis added.

[smartcode_project:default project_id=141327 project_image_fid=314732]

Mirvac’s wider $2 billion Harbourside precinct revitalisation will deliver over 10,000 sqm of public open space, including a new waterfront promenade and new 3,500 sqm waterfront park; pedestrian connections to Pyrmont and the waterfront including $50 million in public domain funding; and $7 million in public art and activation.

The precinct will have diverse retail offerings, including restaurants, national and international retailers, integrating and activating the public spaces.

“Bringing a complex, mixed-use project like Harbourside to life requires the expertise of an integrated property group. Our integrated approach enables us to seamlessly manage every aspect of the project, from initial planning and design to construction and delivery."

Harbourside Residences will comprises 263 one, two, three, and four-bedroom apartments across 48 levels, including three penthouses and three sub penthouses.

Harbourside Residences will be fully electric with rooftop solar panels, targeting a 5 star Green Star Buildings rating, 7 star NaTHers minimum average, 40 BASIX for Water and 25 BASIX for energy. The Harbourside precinct will feature 6,000 sqm of green roofs, in addition to the public domain and the planting of over 100,000 plants on a site that previously had no green landscape spaces.

[smartcode_project_cta:default project_id=141327]

Harbourside Residences will include 263 apartments and feature an entire floor of resort-style amenity including an outdoor infinity pool with cabanas, a landscaped terrace and yoga/pilates space, indoor lap pool and spa, plus wellness facilities including steam room and sauna

Mirvac sell out first stage of Harbourside Residences as sales reach $25 million

Developer <a href="https://www.urban.com.au/developers/scion">Scion</a> and Ray White Wider Sydney welcomed prospective buyers to the VIP launch of Sterling, the new apartment development set to transform a quiet pocket in Lane Cove North.

A mix of local first home buyers, rightsizers and downsizers attended the event on site at 2 Merinda Street, with the building nearly finished by Scion's in-house construction team.

With one, two and three-bedroom apartments on offer, and prices starting from $750,000, Sterling has proved popular with the majority of buyer types.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/nn3F_lHHvUY?si=AK6SSzQU9sVY4PJi" title="YouTube video player" width="560"></iframe>

<a href="https://www.urban.com.au/new-apartments/sterling-lane-cove-north-2-merinda-street-lane-cove-north-nsw-2066">Sterling</a> is one of very few new developments in <a href="https://www.urban.com.au/developments/lane-cove-north-nsw-2066">Lane Cove North</a>. It comprises 50 apartments, just six apartments per floor, ensuring the development is in keeping with the privacy its location expects.

&nbsp;

Sterling is also the first development in the area to be protected with Resilience Insurance's Latent Defects Insurance, a first resort insurance policy that covers apartment buildings for structural defects for 10 years post-completion.

&nbsp;

&nbsp;

[smartcode_project:default project_id=136108 project_image_fid=303417]

&nbsp;

Kitchens are equipped with integrated Miele ovens and cooktops and dishwashers by Fisher &amp; Paykel. The bathrooms feature rainfall showers and high-end fixtures and fittings.

All inclusions and designs go back to the project name, Sterling, reflective of the quality Scion is instilling across the whole of the development.

[smartcode_project:default project_id=136108 project_image_fid=303414]

&nbsp;

Open plan kitchen, living and dining spaces feature floor-to-ceiling windows to maximise natural light and offer views of the leafy surrounds and back to the Sydney CBD.

All apartments open onto either a garden courtyard, a balcony, or, for the upper-level apartments, expansive terraces that capture the best views.

[smartcode_project:default project_id=136108 project_image_fid=303420]

The development also offers communal amenities, including a rooftop entertaining area equipped with barbecue facilities — reinforcing the project’s focus on creating a lifestyle centred around both community and comfort.

Sterling’s location on Merinda Street places it in the heart of nature without sacrificing accessibility to urban amenities.

Residents will be positioned near Stringybark Creek and the endangered Blue Gum High Forest while benefiting from proximity to key hubs like Chatswood and Macquarie Park.

[smartcode_project:default project_id=136108 project_image_fid=303418]

Essential services and lifestyle destinations such as The Canopy community hub and major shopping centres are just a short drive away.&nbsp;

Scion has a solid reputation as a premium builder-developer across Sydney, with a string of projects completed and several in the pipeline.

Sterling will complete in early 2025, with buyers moving in shortly after.

[smartcode_project_cta:default project_id=136108]

Sterling’s location on Merinda Street places it in the heart of nature without sacrificing accessibility to urban amenities

Scion launches Sterling apartments in Lane Cove

The Grand Residences in Eastlakes has been the focal point of new development in the suburb since its completion in 2022.

No doubt the best apartment complex to be developed in Eastlakes, <a href="https://www.urban.com.au/buildings/the-grand-residences-eastlakes-16-evans-avenue-eastlakes">The Grand Residences</a> embody the connectivity of inner-city living, matched with the luxury finishes the Eastern Suburbs market expects.

We recently sat down with the team at McGrath Projects and Crown Property Agency to find out more about The Grand Residences, how it has shaped <a href="https://www.urban.com.au/developments/eastlakes-nsw-2018">Eastlakes</a> , and what buyers love about the new development.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/Btr0G2cpTJk?si=0seFuVBp8WQuWojB" title="YouTube video player" width="560"></iframe>

Crown Group completed The Grand Eastlakes in 2022 but kept a significant portion of the 133 apartments that were developed.&nbsp;

"We still have an amazing selection of apartments available, particularly one-bedroom apartments and sub-$1 million two-bedroom options, with prices starting at just $750,000," Adam Sparkes, Associate Director of <a href="https://www.urban.com.au/project-marketer/mcgrath-projects">McGrath Projects</a>, said.

"Many of our buyers have come from the immediate Eastlakes area, transitioning from older apartments that lack the modern floor plans, spatial planning, and amenities of a brand-new development."

The facilities, proximity to train and light rail stations, and immediate convenience of a Woolworths Metro downstairs, have too been key contributors to the successful relaunch of the project, developed by the respected Crown Group.

"I think the standout feature is the location of the project compared to others in the area," McGrath Projects agent Sam Noakes says.

"You’re a bit further from the main city, but still close enough to the airport, universities, and beaches."

The surrounding area is set for further growth, with plans for over 70 specialty stores and a medical centre across the road.

[smartcode_project_cta:default project_id=7652]

The facilities, proximity to train and light rail stations, and immediate convenience of a Woolworths Metro downstairs, have too been key contributors to the successful relaunch of the project, developed by the respected Crown Group

Inside The Grand Residences, Eastlakes: What the agents say

A landmark development application has been lodged for the redevelopment of the InterContinental Hotel Double Bay, to deliver a $1 billion lifestyle precinct in the heart of Double Bay Village. 
&nbsp; 
The proposal, with Woollahra Municipal Council, will replace the existing outdated purpose-built hotel with an architecturally designed mixed-use building comprising a high-end retail and dining precinct, landscaped open spaces, cinemas and community spaces on the ground floor, and a new boutique luxury hotel, commercial office suites, a health and wellness centre, and 29 apartments across the seven upper levels.&nbsp;

Designed by <a href="https://www.urban.com.au/architects/cox-architecture">COX Architecture</a> and led by project and development managers Metis Group, 33 Cross Street is the vision of a consortium headed by Rebel Property and Capitel Group, two leading local developers with deep connections to Double Bay and a proven track record delivering high-quality, &nbsp;lifestyle-focused mixed-use projects.&nbsp;

<img alt="33 Cross St Double Bay Aerial" data-entity-type="file" data-entity-uuid="605bfafd-3dd1-4421-907e-1b0d22598fdd" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/33%20Cross%20St%20Double%20Bay%20Aerial.jpg?VersionId=sMJaDwJ8Jeptz78FwkYgu3XG3UCcnNSX" />

<a href="https://www.urban.com.au/developers/capitel-group">Capitel Group</a> Managing Director, Eduard Litver, said the proposal for 33 Cross Street had been designed and planned with the Double Bay community in mind.&nbsp;

“This is the largest privately held site in <a href="https://www.urban.com.au/developments/double-bay-nsw-2028">Double Bay</a> Village, and over the past 25 years there have been numerous concepts, schemes, ownership changes and refurbishments in an attempt to revitalise the site without sustained success,” Litver said.&nbsp;

“Our focus is to deliver the next evolution of this Sydney icon – a truly mixed-use lifestyle destination of enduring quality that inspires local pride garners global recognition, and aligns with Woollahra &nbsp;Council’s vision for Double Bay Village. &nbsp;

“This is Double Bay’s moment – a chance for this site to redefine how people experience this iconic waterfront neighbourhood for years to come."&nbsp;

Rebel Property Managing Director, Allen Linz said almost half of the proposed development has been dedicated to non-residential uses including cinemas, landscaped open spaces, retail and dining, commercial suites and community-accessible services.&nbsp;

“Since the early 1990s, 33 Cross Street has served as a landmark hotel with a limited civic connection beyond one street frontage, while the harbourside community has been transforming into a vibrant cosmopolitan precinct that we know people want to preserve and enrich,” Linz said.&nbsp;

“Our design creates an inviting, permeable street-level experience for all to enjoy while preserving the &nbsp;site’s history with a new right-sized luxury boutique hotel.”&nbsp;

Metis Group Director, Arian Galanis, said the iconic design required a meticulous approach.&nbsp;

“With the client and project team’s extensive experience and local knowledge, we have committed to a design that honours the site’s historic significance while offering an innovative, mixed-use space that caters to the evolving needs of Double Bay,” Galanis said.&nbsp;

“We have engaged with the community to ensure the proposal was thoughtfully considered to set a new benchmark for mixed-use development and will continue to do so throughout the development approvals and delivery process.&nbsp;

“Our shared goal is to create a positive legacy – a precinct that blends seamlessly into the fabric of &nbsp;Double Bay Village garnering local pride and global appeal, a cherished part of its future for years to come."

<img alt="Close Up 33 Cross St Double Bay" data-entity-type="file" data-entity-uuid="e2bb2070-3895-4ccf-99d6-77346bff67ad" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Close%20Up%2033%20Cross%20St%20Double%20Bay_3D_render_by_VV.jpg?VersionId=wor0_l4iFTizwlA9YoaxyfWrH5QaceAz" />

The proposed design was the culmination of a competitive design excellence process aimed at achieving the highest standard of architectural design, setting a new benchmark for development in &nbsp;Double Bay, with COX awarded the design role from four leading Australian and international firms.&nbsp;

COX Director Ramin Jahromi said the proposal embraced timeless architecture.&nbsp;

“33 Cross Street delivers a modern interpretation of classical proportions, featuring timeless materials and sophisticated finishes that create an iconic building with an elegant, enhanced street presence and enduring appeal,” Jahromi said.&nbsp;

“The facade’s glass light columns create a grand and visually stunning experience that draws inspiration from the illuminated fig trees framing the street-level entrance, adding to the site’s landmark status and enhancing safety and beauty at night.&nbsp;

“Community is really at the heart of the new design, with over 90 per cent of the ground plane accessible to the public. &nbsp;

“The design includes a spectacular atrium with a sculptural staircase and striking public art installation, &nbsp;a generous north-facing courtyard, and a six-metre-wide pedestrian walkway connecting Cross Street to Galbraith Walkway and down to Double Bay Beach."

Jahromi said the building has been&nbsp;carefully designed to not exceed the overall height of the existing building and includes recessed upper floors and an architectural green roof with a fully concealed plant that will offer a recessive landscaped aesthetic visible from higher surrounding areas.

Capitel Group Managing Director, Eduard Litver, said the proposal for 33 Cross Street had been designed and planned with the Double Bay community in mind. 

InterContinental Hotel, Double Bay, to become $1 billion lifestyle precinct

Reputable builder&nbsp;Decode has commenced construction on <a href="https://www.urban.com.au/new-apartments/atrium-at-carrington-place-40-42-ashford-avenue-castle-hill">Atrium</a>, the first stage of Ellipe Property's $750 million Castle Hill masterplan, Carrington Place.

&nbsp;Occupying 17 amalgamated sites along Carrington Road, Ashford Avenue and Partridge Avenue in Sydney’s north-west, Carrington Place is the largest residential masterplan in Castle Hill. It will deliver more than 800 new homes across five stages, helping to address Sydney’s critical housing shortage.

A recent groundbreaking event was attended by more than 100 partners and stakeholders, including the Mayor of the Hills Shire, Federal Member for Mitchell, and the Acting NSW Building Commissioner. The groundbreaking was celebrated with a traditional turning of soil as well as a smoking ceremony led by a local Deerubbin Elder, paying respect to the traditional custodians of the land in <a href="https://www.urban.com.au/developments/castle-hill-nsw-2154">Castle Hill</a>.

<a href="https://www.urban.com.au/new-apartments/carrington-place-castle-hill-36-carrington-road-castle-hill">Carrington Place</a> is <a href="https://www.urban.com.au/developers/ellipse-property-group">Ellipse Property</a>’s largest project to date, featuring architecture by the award-winning Tony Owen Partners and Stanisic Architects, with interiors by renowned design firm Studio SC, formerly known as Scott Carver.&nbsp;

[smartcode_project:default project_id=89496 project_image_fid=216768]

With the newly-built Hills Showground Metro Station unlocking greater connectivity between the Hills and the Sydney CBD, <a href="https://www.urban.com.au/developers/ellipse-property-group">Ellipse Property</a>&nbsp;Founder Sam El Rihani said that the groundbreaking marks the start of a thriving new community in Sydney’s burgeoning north-west – a sentiment echoed by Federal Member for Mitchell, Alex Hawke.

"With an ongoing shortage of high-quality, transport-oriented housing in greater Sydney, we’re proud to be delivering hundreds of quality new homes – with significant amenities and proximity to retail as well as the state-of-the-art Sydney Metro system," El Rihani said.

"Together with our partners, we are setting a new standard for modern, community-focused living in Castle Hill."

Alex Hawke said north west Sydney is becoming a hotspot for jobs and growth thanks to our world-class Metro infrastructure.

"The community has been ready for this change for some time now, and we thank developers like Ellipse Property for bringing that vision to Carrington Place,” said Hawke.

&nbsp;

[smartcode_project:default project_id=89496 project_image_fid=216764]

The masterplan will be constructed across five stages and feature abundant community space, with over 20,000 sqm of outdoor recreational area including a one-kilometre boardwalk connecting the precinct to the nearby Fred Caterson Reserve.

The project is seamlessly integrated with the surrounding bushland, with a site boundary that stretches right to the edge of Cattai Creek.

The Hills Showground Metro Station is just a two-minute walk from Carrington Place and offers fast connectivity to Sydney’s CBD, Chatswood, North Sydney, Macquarie Park, and Norwest Business Park.

Atrium comprises 140 one, two, three and four-bedroom apartments, some with double living spaces. Uniquely, over 75 per cent of apartments will feature studies or multi-purpose rooms, and abundant storage with various layouts also offering walk-in pantries.

&nbsp;

[smartcode_project:default project_id=89496 project_image_fid=216765]

Paying homage to its verdant setting, Atrium’s design features a curvilinear exterior echoing the form of Cattai Creek with lush landscaping surrounding the building on three sides. True to its namesake, it will also feature an expansive atrium at the ground floor entrance, further connecting residents to nature.

The development will offer elevated indoor-outdoor living, outdoor kitchens, BBQ areas, an outdoor gym, and rooftop terraces boasting sweeping views of the creek and the wider Hills region.

Atrium will be delivered by <a href="https://www.urban.com.au/builders/decode">Decode</a>, an award-winning Tier 2 residential builder and one of the first to achieve a prestigious Gold iCIRT rating.&nbsp;

<img alt="Construction starts on Castle Hill’s largest residential masterplan" data-entity-type="file" data-entity-uuid="02188aec-b465-44fd-bfe0-79fcd07432eb" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Team%20Shot%20%281%29.jpg?VersionId=.ZEHlCX4.ECvwt6Yv_jdyeHmZF6EqXrZ" />

Acting NSW Building Commissioner, Matt Press, said housing is a massive investment for any consumer, and it is absolutely vital that they can trust the developer and builder they are dealing with.

"We need iCIRT-rated developers and builders like Ellipse Property and Decode to be the backbone of our industry, and the type of quality players that are filling the void of the housing supply crisis."

Apartments at Atrium have been sold predominantly to downsizers and first-home buyers, who are attracted to Castle Hill’s natural beauty, vibrant community and abundant retail and dining options.

Speaking at the groundbreaking event, the Mayor of the Hills Shire Dr Michelle Byrne said that Carrington Place addressed the needs of the Hills’ changing demographics.

“There are people that have lived in the Hills for 30,40, 50 years, they’re not leaving the Hills - they’re downsizing and choosing apartments," Byrne said.

"There are also more and more people from outside the Hills who want to be part of our community. I’m looking forward to welcoming these people, and projects like Carrington Place - that build not just apartment blocks, but communities - are the key."

Atrium is set for completion in early 2026.

[smartcode_project_cta:default project_id=89496]

The masterplan will be constructed across five stages and feature abundant community space, with over 20,000 sqm of outdoor recreational area including a one-kilometre boardwalk connecting the precinct to the nearby Fred Caterson Reserve

Decode kicks off construction at Castle Hill’s largest residential masterplan, Carrington Place

A growing family and a long-term commitment to a lifestyle that ticked all the boxes were the two key drivers behind the recent purchase of a penthouse at Killarney Ponds in&nbsp;<a href="https://www.urban.com.au/developments/box-hill-nsw-2765">Box Hill</a>.

<a href="https://www.urban.com.au/new-apartments/killarney-ponds-box-hill-4-alan-street-box-hill">Killarney Ponds</a>, the new development by&nbsp;<a href="https://www.urban.com.au/developers/kellarney-developments">Kellarney Developments</a>&nbsp;that is slated for completion early next year, has been intentionally designed so it not only offers larger-scale apartments than any other new development in the area, but the community facilities to match, creating an environment where its residents can thrive privately and socially.

We recently spoke with a buyer of one of the penthouse apartments to hear firsthand why they bought in&nbsp;Killarney Ponds.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/wy4Blv8jK-A?si=rKKxGXAMzh4jUSDj" title="YouTube video player" width="560"></iframe>

The young family secured a two-level penthouse, with three bedrooms set privately on the second level, away from the main kitchen, living and dining space. The apartment, including terraces, spans around 140 sqm, one of the biggest apartments in Box Hill.

The buyer spoke not only about the rarity of such an apartment, but also about the facilities within the building that they intend to use. Residents will have access to&nbsp;a function room, outdoor barbecue area, and playground on level one, along with a gym and technology hub on level two.&nbsp;

There's also an exclusive rooftop terrace reserved just for the penthouse owners.

[smartcode_project:default project_id=22636 project_image_fid=297514]

Speaking about buying off the plan for the first time, the purchaser said it suited their needs because the family didn't need to move in straight away.

"We wanted to find the right place because this is a long-term decision that we're making for our family," the buyer said.

"It's a 10+ year decision for us, so we didn't want to rush into looking for an established place if we didn't need to. we would rather wait, and when we saw the opportunity, and say all the boxes were ticked, we jumped on it and it was a no-brainer."

[smartcode_project:default project_id=22636 project_image_fid=297513]

It was the first time purchasing off the plan, and the buyer highlighted the effort taken by the McGrath Projects team to help them understand the process.

Reputable builder Sitecorp is approaching completion of the building, with internal fitout to commence soon after.&nbsp;

[smartcode_project_cta:default project_id=22636]

Speaking about buying off the plan for the first time, the purchaser said it suited their needs because the family didn't need to move in straight away

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