ICD Property has a penchant for grand-scale, mixed-use developments, with a focus in recent years in its native Melbourne, Adelaide, and most recently Sydney.

The latest play by the Matt Khoo-led developer is in Brisbane, its first foray into the Queensland market. They've picked up a prime&nbsp;<a href="https://www.urban.com.au/developments/west-end-qld-4101">West End</a>&nbsp;site from R&amp;F Property, spending just under $50 million on the 1.68-hectare riverfront plot which cost R&amp;F $82.5 million in 2014.

Currently home to Riverside Corporate Park, the site, which borders Donkin and Buchanan Street, is currently occupied by&nbsp;three low-rise commercial buildings.&nbsp;

ICD has yet to reveal its own plans for the A-grade block of land, but previous approvals have been for seven buildings with around 1,000 apartments, a retail plaza, and a riverside walkway.

<img alt="ICD" data-entity-type="file" data-entity-uuid="035146a7-0cb7-4dba-80a9-c222c7143235" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-01-21%20at%201.50.40%E2%80%AFPM.png?VersionId=_Zi1F4QY8u6JKkcuE7voWdNUxI_g3qbw" />

ICD has already established a joint venture to work on the project, much like their upcoming Sydney CBD development, Sydney House. They're working with&nbsp;Singapore-listed&nbsp;<a href="https://www.urban.com.au/developers/first-sponsor">First Sponsor</a>&nbsp;on the redevelopment of&nbsp;the landmark City Tattersall building on Pitt Street in the Sydney CBD.

<a href="https://www.urban.com.au/builders/richard-crookes-constructions">Richard Crookes Constructions</a>&nbsp;has already started the build of the striking new tower that will emerge above the heritage-listed former club that will be restored and converted into heritage hospitality venues.

Sales are expected to commence soon for the 241 one, two and three-bedroom apartments that will be spread across a new 50-level tower.

[smartcode_project:default project_id=12428 project_image_fid=312149]

ICD is also working with the Adelaide City Council on Market Square, a $400 million mixed-use project with apartments, a hotel, offices, and a childcare centre, as well as a significant retail precinct and a park.

Completion for Market Square is slated for 2026.

[smartcode_project:default project_id=104946 project_image_fid=218790]

ICD's latest project joins the ranks as yet another planned for the Brisbane River, which is going under somewhat of a precinct boom.

Across the road from ICD's recently acquired site, Heidelberg Materials is <a href="https://www.urban.com.au/news/qld/multi-tower-precinct-planned-for-south-brisbane-riverfront">proposing three 50-level towers</a> with 620 apartments, above&nbsp;a food and beverage plaza and a 5,400 sqm public park.

Apartments are still under construction at Queens Wharf, Brisbane's landmark riverside development, while <a href="https://www.urban.com.au/new-apartments/teneriffe-banks-17-27-skyring-terrace-teneriffe">Tenneriffe Banks</a> by Kokoda Property has been a hit with buyers since it launched to market.

ICD has yet to reveal its own plans for the A-grade block of land, but previous approvals have been for seven buildings with just around 1,000 apartments, retail spaces, and a riverside walkway.

Joel Robinson

Exclusive: ICD Property secures riverfront West End site for Brisbane's latest multi-tower precinct

National developer Frasers Property is putting family first at its latest masterplanned development, Bradmill.

<a href="https://www.urban.com.au/new-apartments/bradmill-yarraville-355-359-francis-street-yarraville-vic-3013">Bradmill</a> in Melbourne's <a href="https://www.urban.com.au/developments/yarraville-vic-3013">Yarraville</a>, seven kilometres west of the CBD, brings a lower maintenance, family-friendly option to the suburb which is dominated by single detached houses.

[smartcode_project:default project_id=134727 project_image_fid=317864]

The first two stages at Bradmill, Pioneer and Monfort Townhomes, have been designed by renowned architecture firm&nbsp;<a href="https://www.urban.com.au/architects/rothelowman">Rothelowman</a>. They have several different configurations, offering either three or four bedrooms across two or three levels.

The homes are designed for family living, with open-plan kitchen, living and dining areas flowing onto private gardens, courtyards, or balconies. Single or double garages also offer convenient access to the indoors.

Rothelowman has also put a focus on modern living, with many homes offering dedicated study areas to accommodate the growing work-from-home trend.

The living areas feature low-maintenance engineered oak timber flooring, while the bedrooms are fitted with 100 per cent wool loop pile carpets.

Buyers can choose from two distinct interior colour schemes, Chambray and Indigo, a light or a darker colour for the interiors.

[smartcode_project:default project_id=134727 project_image_fid=317871]

Like the majority of <a href="https://www.urban.com.au/developers/frasers-property">Frasers Property</a> projects across the country as the company looks towards a more sustainable built environment, the homes are all-electric. They all come complete with solar PV systems, water-saving initiatives, and double-glazing throughout.

[smartcode_project:default project_id=134727 project_image_fid=311175]

Frasers Property doesn't build just homes, but communities.

The neighbourhood of Bradmill will be one of the most connected in Melbourne's inner west. Future Bradmill residents will have exclusive access to Bradmill Social, a hub for exercising, co-working, and group events.

[smartcode_project:default project_id=134727 project_image_fid=311275]

Linear Park will run through Bradmilll,&nbsp;connecting residents directly to the vast green spaces and sports grounds of adjacent McIvor Reserve, and a stroll to Bradmill Quarter’s 8,000 sqm retail precinct and the vibrant dining and community spaces of The Arbory.

The townhouses at Bradmill are currently&nbsp;under construction and will welcome residents toward the end of 2025.

[smartcode_project_cta:default project_id=134727]

The homes are designed for family living, with open-plan kitchen, living and dining areas flowing onto private landscaped gardens.

Why families are flocking to townhouses in Bradmill Yarraville

Diversified national property developer,&nbsp;<a href="https://www.urban.com.au/developers/time-place">Time &amp; Place</a>, has&nbsp;received development approval from the Victorian Planning Minister for a large-scale mixed-use development that will occupy one of the largest island sites on the Melbourne CBD periphery.

It will add another $500 million to the developer‘s portfolio once complete. &nbsp;

The Minister for Planning of Victoria, Sonya Kilkenny, announced the project’s planning approval in person at the <a href="https://www.urban.com.au/developments/south-melbourne-vic-3205">South Melbourne</a> site.&nbsp;

The DFP pathway was introduced to fast-track the delivery of much-needed housing and has been a pivotal tool in enabling the approval of Time &amp; Place developments while also includes their <a href="https://www.urban.com.au/news/vic/first-look-time-place-and-woolworths-greenlit-for-glen-iris-mixed-use-precinct">$150m mixed-use Glen Iris development</a> in partnership with Woolworths Group which was approved in October 2024.&nbsp;

By providing reduced approval timeframes and greater project certainty, the DFP pathway has enabled Time &amp; Place to confidently advance projects that meet community needs in a timely and efficient manner, strengthening project viability.&nbsp;

Tim Price, Founder and Director of Time &amp; Place, says the&nbsp;accelerated approval process is "enabling us to better deliver thoughtfully designed places while supporting local economic growth and job creation."

"We commend the Minister and the Victorian Government for their leadership and commitment to facilitating impactful developments that benefit the community and economy."

After initially acquiring a single site at 11-17 Dorcas Street, Time &amp; Place has spent the past 18 months gradually acquiring four additional sites bordered by Dorcas and Wells Streets and Middleton Lane, taking the land holding to 2,398 sqm.

The development will feature 243 apartments and introduce a village-style look and feel that integrates dining options, amenities and a community activation that will link directly with South Melbourne. The project will comprise one, two, three and penthouse apartments, in addition to a diverse ground-floor retail offering.&nbsp;

Designed by the renowned <a href="https://www.urban.com.au/architects/bates-smart">Bates Smart</a> studio, the distinctive project is designed to feature two sculptural towers connected via a central garden bridge. The towers are conceived as a pair of elegant forms that rest on a refined garden podium, celebrating the Parkside address and surrounding Domain precinct. &nbsp;

Price said acquiring the additional sites allows for the introduction of a superior design and place-making outcome for this corner of South Melbourne, reinforcing the developer’s conviction in the area and the city-fringe residential market.

"In this vibrant corner of South Melbourne, seamlessly connected to South Yarra and the Botanic Gardens and just 1.6 &nbsp;km from the CBD, we envision an innovative, amenity-rich village that fosters community engagement with the Domain Precinct. Our goal is to provide sophisticated yet attainable residential designs that complement the prestige of this remarkable location.

“After exploring the opportunities presented from a larger, amalgamated site, Time &amp; Place has been able to unlock further design and amenity opportunities, evolving our original idea for the site into a true urban precinct that feels incredibly authentic to our brand and values."

Sales will commence on the yet-to-be-named project later in 2025, with construction set to follow shortly after.

Time & Place greenlit for new $500m apartment development overlooking Melbourne’s Botanic Gardens

Queensland apartment developer Mosaic Property Group is intensifying its commitment to the Gold Coast’s apartment market, with three new projects valued at over $570 million.

<a href="https://www.urban.com.au/developers/mosaic-property-group">Mosaic</a> is poised to shortly launch <a href="https://www.urban.com.au/new-apartments/sophia-by-mosaic-1357-gold-coast-highway-palm-beach">Sophia by Mosaic</a> in <a href="https://www.urban.com.au/developments/palm-beach-qld-4221">Palm Beach</a>—a $135 million direct beachfront&nbsp;development with 32 apartments across nine levels. The project marks Mosaic’s entry into Palm Beach following success in the fast-growing southern coastal markets of Bilinga and Kirra Beach.

In <a href="https://www.urban.com.au/developments/burleigh-heads-qld-4220">Burleigh Heads</a>, Mosaic continues its successful trajectory, with a fifth site acquisition underway following the recent completions of Augusta by Mosaic and Florence by Mosaic. Plans are in place for a <a href="https://www.urban.com.au/news/qld/first-look-exclusive-mosaic-secure-another-gold-coast-apartment-development-site">$185 million ultra-luxury development on The Esplanade</a>.

Further expanding in Broadbeach, Mosaic has secured its third site and submitted a development application for a $250 million, 37-level tower on Mary Avenue, offering 59 expansive half and full-floor residences.

Read more:&nbsp;<a href="https://www.urban.com.au/news/qld/first-look-exclusive-mosaic-file-plans-for-fifth-broadbeach-apartment-development">First look exclusive: Mosaic file plans for fifth Broadbeach apartment development</a>

<img alt="Mosaic Broadbeach" data-entity-type="file" data-entity-uuid="0ef8a2ac-1116-4bcb-9331-065d73278f67" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-01-21%20at%2011.02.57%E2%80%AFAM.png?VersionId=v1s6B.GR6.rlRv4np8147NswQTmBHQgQ" />

Founder and Managing Director Brook Monahan said the new acquisitions underscored Mosaic's confidence in the resilience of lifestyle-driven markets and the enduring demand for its design-led, functional, and beautifully finished residences.

"The strength of these markets has been exceptional since the pandemic,"&nbsp;Monahan said.

"We continue to experience robust demand from both interstate and local downsizers who are seeking luxury apartments that offer thoughtful design, functionality, and exceptional quality.

“With limited supply and rising construction costs, Mosaic is well-positioned to lead in this market which is becoming more discerning following many stalled projects as a result of many developers not being able to deliver much awaited supply. Our long-established in-house construction arm enables us to manage costs effectively and seize key opportunities.”

&nbsp;

[smartcode_project:default project_id=145364 project_image_fid=322822]

Monahan said Sophia was shaping as an exceptional project for Palm Beach.

“Positioned on the dunes at the sought-after northern end of Palm Beach, Sophia occupies a premier beachfront site that we believe will be highly desirable. We already have a waitlist of Mosaic buyers from our existing database of previous and current owners, indicating another likely rapid sellout in this very unique location.”

Designed in collaboration with Bureau Proberts, Sophia&nbsp;will offer residents an array of five-star amenities, including a pool, spa, gym, and sauna.

“Sophia will provide a beautifully balanced lifestyle, merging iconic design with world-class amenities to cater to every resident's needs,” Monahan added.

[smartcode_project:default project_id=145364 project_image_fid=322819]

Mosaic boasts an extensive $1.4 billion portfolio on the Gold Coast with nine completed projects and an additional four currently under construction.

“We are very fortunate that our entire project portfolio is consistently near sell-out, reflecting robust and ongoing demand driven by the market’s attraction to our design-led developments.

"Buyers are drawn not only to Mosaic’s exceptional quality, prime locations, and thoughtful, resident- focused designs but also to the assurance that we deliver as promised. Our unbroken track record instils confidence, with buyers reassured that Mosaic consistently upholds its commitments.

“The trust we’ve built in our brand over many years which we will never take for granted, continues to fuel this strong demand, as clients recognise the lasting value inherent in every project. Our reputation for excellence, reliability, and&nbsp; integrity positions Mosaic as a preferred developer, making our homes some of the most highly sought-after on the market.”

Since 2012, Mosaic has completed more than 65 developments across South East Queensland, establishing itself as one of the region’s most reliable and recognised developers.

Mosaic Founder and Managing Director Brook Monahan said the new acquisitions underscored Mosaic's confidence in the resilience of lifestyle-driven markets

Mosaic set sights on Palm Beach, Burleigh Heads, Broadbeach, for new $570m apartment pipeline

Nearly four years after signalling it will be going into the mixed-use precinct sector and starting with a site in Waterloo, Fabcot, the development arm of supermarket chain Woolworths, has submitted a development application for the site.

They secured concept plan approval for the project in May last year, but the recently laid $165 million plan for the&nbsp;6,534&nbsp;sqm site at 923 Bourke Street is the one that will go up for full approval.&nbsp;

They've proposed a part eight, part six-level building designed by <a href="https://www.urban.com.au/architects/bates-smart">Bates Smart</a>&nbsp;who won the design competition for the project over the likes of Koichi Takada Architects and SJB.

The design pays homage to the cultural and natural heritage of <a href="https://www.urban.com.au/developments/waterloo-nsw-2017">Waterloo</a>, according to the documents submitted to the City of Sydney Council.

<img alt="923 - 935 Bourke Street, Waterloo woolworths" data-entity-type="file" data-entity-uuid="45b8ef6d-d22f-4ffd-88a0-de49b6f22243" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/923%20-%20935%20Bourke%20Street%2C%20Waterloo%20woolworths.png?VersionId=FZOSdZypbjQLZlTQWViAIxwNVbc80cxn" />

The precinct will be home to two residential buildings, along with a five-story commercial building. 110 one, two and three-bedroom apartments will spread across the two residential buildings, with 68 per cent designed as offering dual aspects,&nbsp;optimising natural light and ventilation

Drawing inspiration from Aboriginal Country and the area's rich history, the architectural expression features sandy-tone bricks and green hues reminiscent of the coastal landscapes and native flora that once flourished here.&nbsp;

Facade geometries, with splayed and peeled elements, echo the forms of Banksia Serrata and Melaleuca plants, further rooting the project in its local context.

<img alt="923 - 935 Bourke Street, Waterloo apartments" data-entity-type="file" data-entity-uuid="f7f48fdb-40c2-4f2a-af92-0d86023e2287" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/923%20-%20935%20Bourke%20Street%2C%20Waterloo%20apartments.png?VersionId=LICj27a2inUPQ.UNUTxPYc7F5b5ahrgB" />

Residents will also benefit from communal amenities including a landscaped podium courtyard and rooftop terraces.&nbsp;

The apartments will rise from an activated ground plane where Fabcot intends to create a plaza-style precinct with&nbsp;specialty shops, cafes, restaurants, and a full-line Woolworths supermarket equipped with modern conveniences like direct-to-boot and e-commerce services.&nbsp;

The commercial building, strategically positioned at McEvoy and Bourke Streets, will cater to local workplace needs with compact, flexible office spaces.&nbsp;Its faceted design complements the surrounding streetscape while framing inviting views of the precinct’s public spaces.

<img alt="923 - 935 Bourke Street, Waterloo retail" data-entity-type="file" data-entity-uuid="db609e0e-4e08-4c5e-8541-ba5421e89346" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/923%20-%20935%20Bourke%20Street%2C%20Waterloo%20retail.png?VersionId=TqAK.Dj9UTNfl1.NHEG2pR8zks91ZmJE" />

Sustainable features include&nbsp;solar panels, EV charging stations, rainwater reuse systems, and low-carbon materials.&nbsp;

Six terraces homes to be managed by City West Housing with sit along Young Street.

Waterloo has been abuzz with activity recently.

Mirvac and John Holland <a href="https://www.urban.com.au/news/nsw/first-look-mirvac-john-holland-submit-960m-waterloo-metro-quarter-plans">revealed their near-$1 billion plans for the next stages of Waterloo Metro Quarter</a>, while across the road from the Woolworths plans, builder-developer DASCO recently got to work on&nbsp;<a href="https://www.urban.com.au/new-apartments/danks-st-district-903-921-bourke-street-waterloo-nsw-2017">Danks St District</a>, another precinct-style development with around 376 apartments across four buildings.

The design pays homeage to the cultural and natural heritage of Waterloo, according to the documents submitted to the City of Sydney Council

Woolworths unveils long-awaited Waterloo precinct with shop-top housing

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?

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

Spacious Property Development Group is soon to welcome buyers to its newest apartment building, Voyage, in the Hobsons Bay area of Melbourne.

<a href="https://www.urban.com.au/new-apartments/voyage-altona-102-106-pier-street-altona">Voyage</a>, the only new development on the market in the <a href="https://www.urban.com.au/developments/altona-vic-3018">waterside suburb</a>, has been a hit with a variety of buyers, given the diverse mix of one, two and three-bedroom apartments.

Another big tick for buyers been the location, ideally located on Pier Street in the heart of the Altona major activity centre, a stone's throw from Altona Station, Altona Beach and its redeveloped pier, Altona Botanical Gardens, and an abundance of cafes and retail amenity.

<img alt="Voyage" data-entity-type="file" data-entity-uuid="1ef686f2-fc8b-48ce-a8cb-c8454e43230d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-01-20%20at%2011.16.32%E2%80%AFAM.png?VersionId=gjCQv695nsi3VmgWzrIJHBI2WmAuFcYo" />

The apartments, which start from just over $500,000, provide an affordable entry point for first home buyers, while its three-bedroom apartments are just over $1 million.

<a href="Cheah Saw Architecture">Cheah Saw Architecture</a>&nbsp;aimed to&nbsp;balance contemporary aesthetics with a nod to its bayside location in its design.

Its asymmetrical facade and refined material palette blend with <a href="https://www.urban.com.au/developments/altona-vic-3018">Altona</a>’s natural surroundings while standing out as a modern architectural addition to the area.&nbsp;

Interiors are minimalist, with a neutral colour palette.&nbsp;

[smartcode_project:default project_id=112195 project_image_fid=241501]

The open-plan living area features hybrid flooring and full-height glazing that highlight sweeping views of the bay and local landscape.

The kitchen is equipped with Miele appliances while the bathrooms feature porcelian tiles that frame the modern glass showers.

[smartcode_project:default project_id=112195 project_image_fid=241502]

Located around 13 kilometres southwest of Melbourne’s CBD and adjacent to Williamstown, Voyage offers a combination of connectivity and convenience.&nbsp;

Residents will have easy access to public transport, urban amenities, the Altona shopping centre, and Altona Beach.&nbsp;

The suburb’s lively retail and dining scenes complement its tranquil bayside atmosphere, making it a well-rounded option for owner-occupiers seeking lifestyle and accessibility.

[smartcode_project:default project_id=112195 project_image_fid=250084]

Buyers can secure their future homes with a five per cent deposit, making the development an appealing option for those looking to transition into apartment living.&nbsp;

<a href="https://www.urban.com.au/builders/valeo-construction">Valeo Construction</a>&nbsp;is well advanced in construction. They're expecting to complete the apartments in mid-2025.

[smartcode_project_cta:default project_id=112195]

Voyage apartments in Altona near completion

The rarity of the recently completed apartment development Osprey, located in Safety Beach on the Mornington Pensinula, hasn't been lost on savvy property investors.

Around 30 per cent of enquiry on the 18 two and three-bedroom apartments have come from investors, Projects by Buxton Director Heath Thompson says.

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Investors have been particularly attracted to the rental guarantee offered by the builder-developer&nbsp;<a href="https://www.urban.com.au/developers/figurehead">Figurehead</a>. This guarantee ensures that buyers purchasing for investment purposes will receive income upon settlement, until a tenant is secured.&nbsp;

Enquiry data from Urban.com.au shows the three-bedroom apartments, priced at $1.08 million and $1,495,000, have proved the most popular.

[smartcode_project:default project_id=138447 project_image_fid=290614]

<a href="https://www.urban.com.au/buildings/osprey-safety-beach-15-martha-cove-boulevard-safety-beach">Osprey</a>&nbsp;is ideally located to draw a tenant on a good yield. It sits just 150 metres from the Martha Cove Marina as well as&nbsp;Martha’s Table, a popular local dining and retail destination.

Martha's Cove is also a growing community, which is typically indicative of future compound growth, making it appealing to investors.

[smartcode_project:default project_id=138447 project_image_fid=290733]

Osprey&nbsp;won the national award for Small Scale Development of the Year at the 2024 Urban Developer Awards. It was designed by&nbsp;<a href="https://www.urban.com.au/architects/wolveridge-architects">Wolveridge Architects</a>&nbsp;who prioritised natural light, ventilation, and a coastal aesthetic, ensuring the apartments meet the lifestyle expectations of its occupants.

A special ‘lightwell breezeway’ serves as the entrance to every home, providing cross-ventilation and security.

[smartcode_project:default project_id=138447 project_image_fid=290625]

The building sits on a prime elavated site which means there are significant views to Mount Martha and Red Hill.

The modern kitchens are well-equipped with Fisher and Paykel appliances and brushed nickel fittings.&nbsp;

[smartcode_project:default project_id=138447 project_image_fid=290744]

Thompson says while investors have shown a lot of demand for the apartments, there is a large pool of buyers who are looking at it as a 'liveable investment'.

"Osprey offers the perfect lock and leave option for those living in Melbourne who want a weekender on the Mornington Peninsula but without the maintenance," Thompson says.

"These types of buyers might not use it all the time, and will explore holiday letting opportunities when it's not in use."

The most active buyers so far have been those who have a close relationship with the Mornington Peninsula.

"Local downsizers who either live in the immediate area, or those who have large landholdings in some more remote areas of the Mornington Peninsula who want to be closer to the water, have been the most active buyers so far, Thompson says.

[smartcode_project_cta:default project_id=138447]

Thompson says while investors have shown a lot of demand for the apartments, there is a large pool of buyers who are looking at it as a 'liveable investment'.

Investors signal market comeback at Osprey Safety Beach apartments

CDG Group’s landmark Melbourne apartment development, Victoriana, has captured the attention of first home buyers.

According to data from MatterFact, the new data product by Urban.com.au, first home buyers have consistently been the most engaged buyer group, surpassing downsizers and rightsizers in enquiries over the past six months.

Feedback from buyers highlights the quality of the finishes and the development’s prime location as its key attractions.&nbsp;

[smartcode_project:default project_id=1979 project_image_fid=78690]

Designed by <a href="https://www.urban.com.au/architects/rothelowman">Rothelowman</a> and completed in 2021, <a href="https://www.urban.com.au/buildings/victoriana-melbourne-20-queens-road-melbourne">Victoriana</a> features cascading terraces and vertical gardens which are designed to harmonise with the surrounding Albert Park Lake and Fawkner Park.

Located on Queens Road, between the two famous parks and just off St Kilda Road, Victoriana comprises 250 one, two, three and four-bedroom apartments across 16 levels.

First home buyers have shown the greatest interest in the two-bedroom apartments, which start at over 70 sqm and feature two bathrooms, a balcony off the open-plan kitchen, living, and dining area, and a master bedroom with an ensuite.

[smartcode_project:default project_id=1979 project_image_fid=300488]

Victoriana also includes an extensive range of amenities that rival those of a luxury hotel.&nbsp;Residents will have access to concierge services, a heated indoor pool, steam room, sauna, state-of-the-art gym, and a lounge and garden terrace with views of the&nbsp;<a href="https://www.urban.com.au/developments/melbourne-vic-3004">Melbourne</a>&nbsp;skyline.&nbsp;

[smartcode_project:default project_id=1979 project_image_fid=78667]

Positioned on the fringe of Melbourne's CBD, Victoriana provides direct access to Albert Park Lake and proximity to St Kilda Road trams and the upcoming Anzac Railway Station.&nbsp;

This combination allows residents to enjoy both vibrant city living and tranquil parkland surroundings, a rare offering for buyers entering the property market.

Nearby attractions include South Melbourne Market, the Royal Botanic Gardens, and Melbourne's vibrant arts precinct.

Qualifying buyers of the two-bedroom apartments won't have to pay a deposit, and could save with a lower interest rate and reduced LMI.

[smartcode_project_cta:default project_id=1979]

Qualifying buyers of the two-bedroom apartments won't have to pay a deposit, and could save with a lower interest rate and reduced LMI

First home buyers jump at Victoriana apartments on Melbourne's Albert Park

<h3>R.Iconic: A Lifestyle-First Masterpiece in Melbourne</h3>

When considering purchasing a property at R.Iconic, it’s impossible to overlook the development’s unique blend of luxury, lifestyle, and location. This landmark project by R.Corporation isn’t just a residential offering—it’s a complete lifestyle experience designed for discerning buyers who want it all.

Michael Searle from R.Corporation sat down with Urban.com.au CEO Mike Bird to discuss what makes R.Iconic such an outstanding choice for buyers. Here are the key highlights that capture why this development stands out in Melbourne’s competitive property market.

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<h3>1. Breathtaking, Protected Views</h3>

Step onto the balcony of any R.Iconic residence, and you’ll be greeted by sweeping views of Port Phillip Bay, stretching to the Mornington Peninsula. Unlike many inner-city properties, these views are protected by zoning regulations, ensuring they remain unobstructed for life.

This not only enhances the day-to-day experience for residents but also secures the long-term value of the property—making R.Iconic an investment as stunning as it is practical.

[smartcode_project:default project_id=5234 project_image_fid=215072]

<h3>2. Unmatched Location</h3>

R.Iconic offers the best of Melbourne living. Just 1.5 kilometres from Collins Street, it’s a short tram ride or walk from the city centre. Meanwhile, the beach, South Melbourne Market, and world-class dining are minutes away, creating a perfect balance between urban convenience and beachside tranquillity.

As Michael Searle explains, “You’ve got this sort of inner-city living, but with a beachside feel. You’re close to all the culture, dining, shopping, and sporting events that Melbourne is famous for, while still enjoying a quieter, more relaxed neighbourhood vibe.”

[smartcode_project:default project_id=5234 project_image_fid=215077]

<h3>3. Lifestyle-Enhancing Amenities</h3>

At R.Iconic, luxury goes beyond the walls of each residence. The development boasts a suite of amenities designed to enhance your lifestyle:

<ul>
	<li>A year-round heated pool and sauna</li>
	<li>A fully equipped gymnasium and running track</li>
	<li>A cinema and dining pavilions</li>
	<li>An acre of gardens designed by Paul Bangay on the fifth floor</li>
	<li>A convenient on-site Coles Local and Liquorland</li>
</ul>

For premium residents—those in the penthouses and townhouses—the Horizon Lounge offers an exclusive retreat with 270° views, a full kitchen, and a luxurious space for hosting special occasions.

[smartcode_project:default project_id=5234 project_image_fid=233906]

<h3>Luxury Residences Tailored to You</h3>

R.Iconic offers a range of luxury residences, each designed with sophistication and comfort in mind:

<ul>
	<li>
	Penthouses and Sub-Penthouses 
	These stunning homes, priced between $2.1 million and $6.3 million, offer 140 to nearly 300 square metres of living space. Elegant interiors by David Hicks feature Gaggenau appliances, marble finishes, and sunlit balconies with panoramic views.
	</li>
	<li>
	Townhouses 
	Inspired by Melbourne’s iconic Victorian terraces, these three-level homes offer private street-level entrances, double garages, and the same high-end finishes as the penthouses.
	</li>
</ul>

Each residence is crafted with meticulous attention to detail, from the spacious hallways to the high ceilings and premium finishes.

[smartcode_project:default project_id=5234 project_image_fid=298021]

<h3>A Completed Project You Can Experience</h3>

One of the standout advantages of R.Iconic is that it’s already complete. Buyers can visit the development and experience the quality, layout, and lifestyle firsthand—something that’s often difficult to imagine from renders alone.

As Mike Bird noted during his tour, “The width of the hallways, the height of the ceilings, and the overall design speak to the thoughtfulness and quality of the development. R.Iconic has prioritised buyer needs, delivering a product that truly stands out.”

[smartcode_project_cta:default project_id=5234]

Watch the video interview with Michael Searle from R.Corporation as he discusses what makes R.Iconic such an outstanding choice for buyers. 

R.Iconic: A Lifestyle-First Masterpiece in Melbourne

<a href="https://www.urban.com.au/developers/coff-property-group">Coff Property Group</a> has secured approval for its $46 million townhouse project in Prahran.&nbsp;

The development is a partnership between Coff PropertyGroup and Monark Property Partners, a non-bank lender with over $1 billion in funds under management.&nbsp;

The Stonnington Council’s approval process has been remarkably swift, an impressive turnaround for a project of this scale on a small side street.

There will be 17 townhouses on a 2,200 sqm site at 113–115 Chomley Street - a rare addition to <a href="https://www.urban.com.au/developments/prahran-vic-3181">Prahran</a>'s apartment-dominated market.

“Prahran is a place that is dear to our team, and we’re committed to ensuring what we do with this site will contribute positively to this cherished neighbourhood,” Adam Coff said.

Expected to be priced between $2.35 million and $3.2 million, the residences will add much-needed stock to the inner south market and will benefit from recent stamp duty changes announced by the Victorian Government, and were designed as an urban retreat with three-metre high ceilings, private gardens, open living spaces, private internal elevators and rooftop terraces.

Each townhouse is limited to two or three levels, with a single-level basement providing two parking spaces per residence to reduce street congestion.&nbsp;

The ground floor features an open living, dining and kitchen area that extends to a private terrace.

Select residences will have north-facing exposure and city views from third-floor balconies and will be enhanced by private individual elevators from the side-by-side lockable garages.

Designed in collaboration with <a href="https://www.urban.com.au/architects/cera-stribley-architects">Cera Stribley Architects</a> and Andrew Panton Design, the project takes inspiration from Prahran’s urban and eclectic character while incorporating modernist design elements and prioritising green spaces and community integration.&nbsp;

Materials such as bricks and metal detailing have been selected to create a contemporary yet understated aesthetic.&nbsp;

The development is divided into three clusters, allowing for landscaped spaces that maintain the residential scale of Chomley Street and soften the visual impact of the buildings.

Landscaping includes private gardens, deep soil planting, and a shared green pathway designed to enhance the streetscape and provide a more open feel compared to the existing structures on the site.

<img alt="Coff" data-entity-type="file" data-entity-uuid="910b170f-29fb-442b-9a10-a4485fff09a8" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-12-17%20082834.png?VersionId=N60beEvGI3z0mxs8I.lSxi_5tCg0o4Qp" />

Located near High Street, the site offers excellent connectivity to local amenities. Residents will be within walking distance of some of Melbourne’s best parks, cafés, and restaurants, with Toorak Park and Victoria Gardens nearby.&nbsp;

The site is also a short drive from St Kilda Beach and approximately 30 minutes from the CBD.

The development will join other notable projects in the area, including <a href="https://www.urban.com.au/developers/kincrest">Kincrest</a>'s parkside development The Osment, which is set to launch next year.

<a href="https://www.urban.com.au/new-apartments/the-osment-prahran-3-7-grattan-street-prahran">The Osment</a> will bring 22 two, three and four-bedroom apartments across a seven-level building at 3-7 Grattan Street, a site with a 35-metre frontage to the popular Prahran park.

The mixed-use plans by <a href="https://www.urban.com.au/architects/cheah-saw-architecture">Cheah Saw Architecture</a> will include two levels of strata offices and a ground-floor cafe and retail space that will face the park.

Coff Property secure permit for luxury Prahran townhouses

Melbourne's top developers are gearing up for a big 2025, with the majority of the bigger developers expected to launch several major projects throughout the year.

Looking to take advantage of the recent stamp duty abolition, which means buyers don't have to pay any stamp duty until October 2025, developers have been fast-tracking plans to meet growing demand in the off the plan apartment market.

Many are also focusing on adding value through innovative designs and sustainability features to attract buyers seeking long-term investment potential.

There is a diverse range of developments on the horizon, from small, boutique apartments aimed at the affluent downsizer, to sustainable developments with eco-friendly designs and energy-efficient technologies, and large-scale neighbourhood precincts that will address Melbourne’s ongoing housing shortage by delivering much-needed supply to the new property market.

In this article, we've wrapped up the top new apartment developers to look out for across the city in 2025.

<h2>Abadeen</h2>

<a href="https://www.urban.com.au/developers/abadeen-group">Abadeen</a> has rapidly emerged as a developer to watc in Melbourne, despite only entering the local market in 2024.

Abadeen has built a strong presence in Sydney's luxury market since its founding in 1999 by industry veteran Justin Brown. The developer made its mark in Melbourne with the launch of <a href="https://www.urban.com.au/new-apartments/malea-94-burke-road-malvern-east">Maléa</a> in <a href="https://www.urban.com.au/developments/malvern-east-vic-3145">Malvern East</a>, under the local leadership of former CBRE executive Andrew Leoncelli.

[smartcode_project:default project_id=141969 project_image_fid=222389]

Maléa,&nbsp;which recently topped out and has already sold four of its seven apartments, is on track for completion in mid-2025. Meanwhile, Abadeen has several exciting new launches planned for the year ahead

They have a permit for a <a href="https://www.urban.com.au/news/vic/first-look-abadeen-lodge-plans-for-second-melbourne-apartment-development">new boutique development in Prahran</a>, and later next year they will hope to launch another project on <a href="https://www.urban.com.au/news/vic/exclusive-abadeen-grab-next-melbourne-off-the-plan-apartment-development-site">Caulfield Park</a>.

"<a href="https://www.urban.com.au/developers/abadeen-group">Abadeen</a> is renowned for crafting beautiful, lasting, and aesthetically pleasing spaces that seamlessly blend with their surroundings and communities," Justin Brown says.

"As we establish new standards for quality and collaboration in the Sydney market, our goal is to replicate this success in Victoria."

[smartcode_project:default project_id=141969 project_image_fid=222406]

Brown says Andrew Leoncelli's&nbsp;wealth of local relationships perfectly aligns with their consumer-centric approach to development and placemaking, while Leoncelli says he holds a true&nbsp;appreciation for Brown's approach to bespoke development.

"I’ve worked in the property sector for over 20 years and have an appreciation and understanding of all aspects of the process, from identifying a site to bringing a project to life."

Leoncelli says there&nbsp;is an ever-growing appetite from local wealthy downsizers, wanting bespoke high-end apartment living, and that's what Abadeen will bring to Melbourne.

"They have lived their entire adult life in the family home which they don’t need anymore. They want to upgrade their lifestyles whilst downsizing their maintenance and they want the very best of everything, all within walking distance of their favourite parks, restaurants, cafes and shops."

<h2>Hamton</h2>

Developer <a href="https://www.urban.com.au/developers/hamton">Hamton</a>&nbsp;is gearing up for a big 2025, launching its newest neighbourhood-style project and the next stage of its $2 billion Moonee Valley Park redevelopment.

Early next year Hamton will take to market Scotch Hill Gardens in <a href="https://www.urban.com.au/developments/hawthorn-vic-3122">Hawthorn</a>, six low-rise buildings with 365 residences&nbsp;on the former home of the University of Melbourne.

The project’s unique design features 5,500 sqm of publicly accessible green space and a new retail precinct.

<img alt="The top 12 new apartment developments launching in Melbourne in 2025" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-12-05%20at%2012.26.19%E2%80%AFPM.png?VersionId=H8GgTZQM4C5rsSPVg3X_FP1iu2UN_cd8" />

Hamton is also advancing Moonee Valley Park, their $2 billion redevelopment of the Moonee Valley Racing Club.&nbsp;

At some point in 2025 they will launch the next two stages that will bring around 440 more apartments to the growing community. The two current buildings within Moonee Valley Park, <a href="https://www.urban.com.au/new-apartments/stonepine-house-at-moonee-valley-park-kenna-street-moonee-ponds">Stonepine House</a> and <a href="https://www.urban.com.au/new-apartments/trackside-house-moonee-ponds-moonee-valley-racecourse-moonee-ponds">Trackside House</a>, are well under construction and nearly sold out.

There will be over 2,000 dwellings in the masterplan when it's completed.

<h2>Milieu</h2>

Design-driven developer <a href="https://www.urban.com.au/developers/milieu-property">Milieu</a> is another big-name developer who will have a busy 2025.

They will complete <a href="https://www.urban.com.au/new-apartments/plant-street-by-milieu-malvern-1-plant-street-malvern">Plant Street by Milieu</a>, its first development in Melbourne's inner-south east after a string of successful projects in inner-north, while continuing to release apartments at its recently launched <a href="https://www.urban.com.au/new-apartments/elsternwick-gardens-by-milieu-8-gordon-street-elsternwick">Elsternwick Gardens</a> project.

[smartcode_project:default project_id=136535 project_image_fid=288412]

In early 2025 they'll be launching their latest project,&nbsp;<a href="https://www.urban.com.au/new-apartments/saxon-street-by-milieu-10-dawson-street-brunswick">Saxon Street by Milieu</a>, 80 apartments in <a href="https://www.urban.com.au/new-apartments/brunswick-vic">Brunswick</a>, on the site of The Brosnan Centre next door to Brunswick Baths.

Jackson Clements Burrows (JCB) has designed the gas-free building, with landscaping by Oculus and interiors by by Design Office.

The building will be predominantly two-bedrooms, with an almost equal split of one and three-bedroom apartments.

[smartcode_project:default project_id=136434 project_image_fid=306343]

Later in 2025 Milieu will launch <a href="https://www.urban.com.au/new-apartments/4-6-derby-street-collingwood">Derby Street</a> in <a href="https://www.urban.com.au/developments/collingwood-nsw-2850">Collingwood</a>, just 18 large-scale apartments off Smith and Gertrude Street.

The brief for Studio Bright was to create a building to echo the site's once-industrial surroundings, so extensive brick and tile detailing was used in the design to integrate it with the street.

<h2>Beulah</h2>

<a href="https://www.urban.com.au/developers/beulah">Beulah</a> will be looking to push on with its significant pipeline it's built up recently.

As well as looking to start construction on its Southbank megatower&nbsp;<a href="https://www.urban.com.au/new-apartments/sth-bnk-by-beulah-southbank-60-southbank-boulevard-southbank">STH BNK by Beulah</a>, the developer also has two other inner-city projects they'll be looking to take to market.

In&nbsp;<a href="https://www.urban.com.au/developments/fitzroy-vic-3065">Fitzroy</a>&nbsp;Beulah has proposed a sustainabile development with 44 residences above two ground-floor retail spaces designed to integrate with the local Fitzroy character.

<img alt="Beulah unveils new sustainable Fitzroy 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%202024-11-13%20at%203.05.31%E2%80%AFPM.png?VersionId=u36MiMLVt5FeJp2BAcDTOonoBxVbjesj" />

The fossil fuel-free development has been designed by&nbsp;<a href="https://www.urban.com.au/architects/breathe-architecture">Breathe Architecture</a>, Australia’s most awarded sustainable architecture practice. There will be a 'bike hub' and repair station, EV charging facilities, rooftop solar panels and rainwater harvesting.

Beulah also has a new project in&nbsp;<a href="https://www.urban.com.au/developments/prahran-vic-3181">Prahran</a>, near the famous Prahran Market.

Designed by Cera Stribley, the new development at&nbsp;182-194 Commercial Road will have 39 one, two and three-bedroom apartments across an eight-level building, also above retail, hospitality venues, and offices.

<img alt="Beulah lodge plans for mixed-use Prahran project" 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/beulah_prahran_opportunity.jpg?VersionId=.3MJV8Str4kXZrU6cCiUce_esiuqikqg" />

“Prahran is founded on a rich cultural tapestry, heavily influenced by the industrial and Victorian eras," Beulah Executive Director Adelene Teh says.

“We are excited at the prospect of unlocking the true potential of this inner-city pocket, while complementing the renowned Prahran Market via retail, dining and public amenity, coupled with an unprecedented residential offering.”

Beulah also has a <a href="https://www.urban.com.au/new-townhouses/brunswick-established-23-hodgson-st-brunswick-vic-3056">Brunswick townhouse development</a> which was recently launched.

<h2>Mirvac</h2>

National developer&nbsp;<a href="https://www.urban.com.au/developers/mirvac">Mirvac</a> is always busy.

While also building <a href="https://www.urban.com.au/new-apartments/trielle-at-yarras-edge-docklands-16-point-park-crescent-docklands">Trielle</a> at <a href="https://www.urban.com.au/developments/docklands-vic-3008">Docklands</a>, The Albertine just off St Kilda Road, and Prince &amp; Parade in Brunswick, Mirvac will want to launch <a href="https://www.urban.com.au/new-apartments/mekko-apartments-altona-north-198b-blackshaws-road-altona-north">MEKKO Apartments</a>, the latest stage in Mirvac's award-winning <a href="https://www.urban.com.au/developments/altona-north-vic-3025">Altona North</a> masterplan, The Fabric.

[smartcode_project:default project_id=99938 project_image_fid=228310]

The fully electric building will feature PV solar panels and aim for a 7-star&nbsp;<a href="https://www.urban.com.au/guides/what-is-a-nathers-rating-in-new-off-the-plan-apartment-developments" target="">NatHERS</a>&nbsp;energy efficiency rating.

Upon completion, The Fabric will house around 1,500 residents in over 500 townhomes and apartments.&nbsp;

The central focus of the 11.4-hectare community is the 4,000 sqm Patchwork Park, surrounded by well-designed private front and rear gardens by&nbsp;<a href="https://www.urban.com.au/architects/eckersley-garden-architecture" target="">Eckersley Garden Architecture</a>.&nbsp;

<h2>Time &amp; Place</h2>

Another national developer,&nbsp;<a href="https://www.urban.com.au/developers/time-place">Time &amp; Place</a>, has several projects expected to go live across both Sydney and Melbourne in 2025.

Locally, the developer recently secured approval for its joint venture project in <a href="https://www.urban.com.au/developments/glen-iris-vic-3146">Glen Iris</a>&nbsp;with Woolworths, 60 apartments above a full-line Woolworths on Burke Road.

The apartments are targeted at downsizers and multi-generational families.

<img alt="The top 12 new apartment developments launching in Melbourne in 2025" 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://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%202024-10-25%20at%204.22.55%E2%80%AFPM.png?VersionId=g6dEr7RH5iiSXAiBdostA8ZkM5Na.ISi" />

Time &amp; Place is also revitalising the iconic Northcote Plaza in the inner northern suburbs.&nbsp;

The ambitious project will introduce three residential towers, combining build-to-rent and build-to-sell apartments, a low-rise office building, and a podium with extensive amenities such as a pool, gym, private dining areas, and coworking spaces.&nbsp;

Inspired by the site’s industrial heritage, the design integrates brick treatments and modern materials while enhancing public connectivity with landscaped pathways and links to All Nations Park.

<h2>Piccolo</h2>

Boutique developer <a href="https://www.urban.com.au/developers/piccolo">Piccolo</a> will complete its Fitzroy apartment development,&nbsp;<a href="https://www.urban.com.au/new-apartments/a-piccolo-house-gore-st-fitzroy-385-gore-street-fitzroy">A Piccolo House Gore Street</a>, in June next year, and will launch the next installment of its Piccolo House brand in 2025.

Their new $50 million development, <a href="https://www.urban.com.au/new-apartments/a-piccolo-house-barry-st-kew-barry-street-kew-18-barry-street-kew">A Piccolo House Barry Street</a> in <a href="https://www.urban.com.au/developments/kew-vic-3101">Kew</a>, will have 60 apartments across five three-level buildings, each with expansive private outdoor spaces.

[smartcode_project:default project_id=141498 project_image_fid=290942]

Designed with input from Woods Bagot and <a href="https://www.urban.com.au/interior-designers/hecker-guthrie">Hecker Guthrie</a>, the project incorporates materials inspired by the area's Victorian architecture, offering a refined yet gritty urban aesthetic. Features include high-end kitchens, spacious living areas, and a lifestyle concierge service.

Read more:&nbsp;<a href="https://www.urban.com.au/news/vic/first-look-exclusive-piccolo-plot-new-kew-apartment-development">First look exclusive: Piccolo plot new Kew apartment development</a>

<h2>Fortis</h2>

Another national developer,&nbsp;<a href="https://www.urban.com.au/developers/fortis">Fortis</a>, has several projects across Melbourne, Sydney and Brisbane for 2025.

In Melbourne, they'll be further&nbsp; their foothold in the Richmond market, having acquired a site at 550 Swann Street. They're currently selling Carmine House, part of their mixed-use Richmond Square development.

[smartcode_project:default project_id=13181 project_image_fid=256229]

They also have a prime site on <a href="https://www.urban.com.au/new-apartments/63-73-fitzroy-street-st-kilda">Fitzroy Street</a> in <a href="https://www.urban.com.au/new-apartments/63-73-fitzroy-street-st-kilda">St Kilda</a> they'll be looking to take to market later in 2025.

The 2,661 sqm amalgamated site is envisioned as a precinct-defining opportunity designed by Woods Bagot.&nbsp;

<img alt="First look exclusive: Fortis lodge St Kilda precinct plans" 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%202023-01-17%20at%2011.40.48%20am.png?VersionId=YPH4hinQKw5wc22zsidAt.MZbmAJBULW" />

The development will feature 39 apartments, complemented by 950 sqm of curated retail spaces aimed at reinvigorating the once-thriving Fitzroy Street precinct.&nbsp;

Woods Bagot has drawn inspiration from St Kilda’s Victorian-era grandeur, incorporating elegant architectural details and landscaping by Florian Wild to restore charm and vitality to the area.

In this article, we've wrapped up the top new apartment developers to look out for across the city in 2025.

Building tomorrow: Melbourne's leading new apartment developers to watch out for in 2025

One of the most attractive aspects of buying off the plan property is the ability to customize. Walls can be moved (within reason), storage and joinery can become customisable, while outdoor kitchens, appliance additions/upgrades, and fireplaces are just a few of the more common upgrades that buyers can choose to incorporate.

Local Melbourne developer <a href="https://www.urban.com.au/developers/sma-projects">SMA Projects</a> takes customization seriously and understands its importance, particularly where other developers may not.

They’ve been working with a buyer—incidentally, an architect—who was immediately attracted to SMA’s newest inner-city apartment development, The Regent in <a href="https://www.urban.com.au/developments/fitzroy-vic-3065">Fitzroy</a>, after seeing the interior images on the hoarding at the Fitzroy Street site.

[smartcode_project:default project_id=24824 project_image_fid=304614]

The prospective buyer loved the interiors by <a href="https://www.urban.com.au/architects/studio-tate">Studio Tate</a>, but given her and her husband's preferences, they weren’t interested in either the two-bedroom or one-bedroom apartments on offer. They wanted a blend of both—and no, not a three-bedroom apartment.

They’re currently working with Studio Tate to create an oversized one-bedroom apartment, taking the floorplan and size of a two-bedroom apartment and combining it with a one-bedroom design that includes a large master bedroom and an expanded kitchen, living, and dining area, as they love to entertain.

[smartcode_project:default project_id=24824 project_image_fid=304611]

Downsizing from a family home in the area, the prospective buyer had visited several of the new developments in Fitzroy over the last year since deciding to downsize. However, for what she envisioned, she felt like she’d fallen into the “too hard” bucket when it came to customization with other developers.

The philosophy at SMA has always been: “If you haven’t found it, let’s create it for you.”

SMA Projects Sales Executive Emily Shaddick says it’s important in the development industry to encourage creativity and, more importantly, to respond to what people want for their future homes.

“SMA has always put together floorplans that cater to a wide variety of purchasers, but they also understand some buyers have bespoke tastes. They work closely with those buyers to come up with a solution that makes them feel comfortable purchasing,” Shaddick says.

[smartcode_project:default project_id=24824 project_image_fid=304606]

In a unique approach to development, because the prospective buyer is opting for one bathroom instead of the two that were part of the original configuration, the developer has given the buyer a credit for the bathroom—a part of the build they no longer need to fit out.

“I don’t know any developer who does that,” Shaddick says, adding that the buyer can now use that credit to change or upgrade various other parts of the apartment, whether it’s appliances or specific finishes like flooring or kitchen benchtops.

Having completed a string of inner-city apartment developments over the last two decades, SMA recently launched The Regent, named after the site’s origins as the Regent Theatre back in the 1980s.

[smartcode_project:default project_id=24824 project_image_fid=304762]

<a href="https://www.urban.com.au/new-apartments/the-regent-fitzroy-340-fitzroy-street-fitzroy-vic-3065">The Regent</a>, designed by award-winning architecture firm Hayball, will comprise just 64 one, two, and three-bedroom apartments aimed solely at the owner-occupier.

To give buyers further customization, there are two different colour palettes on offer as standard: the light and airy Classic Collection, influenced by Nordic minimalism, and the Fitzroy-esque, more dramatic Arthouse Collection.

The Regent sits in an ideal pocket just off Johnston Street, giving future residents direct access to Fitzroy’s thriving hospitality scene as well as Melbourne’s extensive tram network.

Future residents will also have access to several amenities within the building, including a rooftop with extensive views of Melbourne and a bookable guest suite, an uncommon feature of a building which ultimately encouraged the recent prospective buyer to remove one of their bedrooms, as any of their guests who want to come and stay with them, can utilize the extra hotel suite-style room.

[smartcode_project_cta:default project_id=24824]

Local Melbourne developer SMA Projects takes customization seriously and understands its importance, particularly where other developers may not

Why the ability to customise is a crucial offering in the off the plan apartment market

Multi-billion-dollar developer <a href="https://www.urban.com.au/developers/gurner">GURNER™ Group</a> has officially commenced demolition works at its $2.75 billion redevelopment of South Yarra's <a href="https://www.urban.com.au/new-apartments/500-chapel-street-south-yarra">Jam Factory on Chapel Street</a>.

GURNER™ Group and joint venture partner Qualitas purchased the remaining 65 per cent interest in the site from Newmark Capital in June after owning 35 per cent since 2021. &nbsp;

Heavy machinery arrived on-site this week with initial demolition works to remove all non-heritage components across the 20,000 sqm site, including the existing Village Cinema complex following their last day of operation last week, while protecting the building’s iconic façade.&nbsp;

[smartcode_project:default project_id=5351 project_image_fid=195659]

The construction milestone follows a decade of failed attempts by other developers to bring the project to fruition, with GURNER™ Group the first developer to overcome these challenges — a testament to its unparalleled expertise and reliability in delivering world-class major projects. &nbsp;

GURNER™ Group has this week unveiled renders of the new precinct that will be home to: &nbsp;

<ul>
	<li>600 residences over five&nbsp;towers&nbsp;</li>
	<li>10,000sqm commercial private office&nbsp;</li>
	<li>20,000sqm of&nbsp;retail and hospitality &nbsp;</li>
	<li>World Class Village Cinema + Gold Class complex &nbsp;</li>
	<li>5-star hotel (operator in final negotiations) &nbsp;</li>
	<li>A boutique lifestyle hotel &nbsp;</li>
</ul>

First constructed in 1858, the Jam Factory has enjoyed over 160 years of history, first as a brewery, &nbsp;then as a preserving and jam manufacturer, and later, as an iconic retail and cinema precinct that anchored Chapel Street through the heydays of the 1990s and 2000s. &nbsp;

GURNER™ Group has appointed international, award-winning architects SOM alongside local architects, Buchan to design the precinct, in conjunction with its in-house architect and interior design business GURNER DESIGN HOUSE. &nbsp;

<img alt="$2.75b, 20,000 sqm Jam Factory redevelopment" data-entity-type="file" data-entity-uuid="1425ab18-a82c-48ef-b59e-78cde055f7fd" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/View%20006.jpg?VersionId=ZLWiiYSImtmPgGE9t5j18hB3PxPvfZ2H" />

Iconic London landscape designer Townshend has been appointed to craft the impeccable gardens and landscaping that will emulate the grounds of Toorak Mansions. &nbsp;

The regeneration of the precinct, retail, hospitality and hotels will capture the essence of the world’s best retail and mixed-use precincts.&nbsp;

The design of the residential precinct will emulate some of New York’s most iconic residential and hotel addresses such as 220 Central Park South, alongside the grandeur of Toorak’s most expensive homes, complete with soaring high ceilings, large entry lobbies, libraries, games facilities and conservatory-like entertaining areas. &nbsp;

GURNER™ Group’s signature amenity offerings will once again be taken to another level with a &nbsp;private residents’ amenity of over 7,000 sqm across the stages and two world-class hotels.&nbsp;

[smartcode_project:default project_id=5351 project_image_fid=195659]

In a significant coup for the project, GURNER™ Group and Qualitas have re-signed Village Cinemas to anchor the new entertainment precinct once complete. The cinema giant has enjoyed a 40+ year tenure at the Jam Factory and will return with a new flagship offering as part of the precinct’s rebirth. &nbsp;

The Jam Factory redevelopment will deliver around 600 new dwellings over five towers in Melbourne’s sought-after inner fringe while anchoring the transformation of Chapel Street to reinvigorate it with a 2,500 sqm north-facing public piazza called Village Square with hotels, retail, hospitality, commercial office and residential.&nbsp;

Surrounded by extensive hospitality offerings with a mix of fine dining options, casual eateries, and bars that celebrate Melbourne’s culinary talent, the Village Square will sit alongside high-end retail and vibrant entertainment options to create a new centrepiece for Chapel Street. &nbsp;

Elevating the shopping experience, the project will feature a meticulously curated selection of luxury retailers, rivalling international luxury shopping destinations, creating a missing high-fashion midpoint between Melbourne’s Collins Street and Chadstone.&nbsp;

GURNER™ Group Founder and Chairman Tim Gurner said commencing works gives confidence to their high-end purchases of completion date and quality.&nbsp;

“ A truly once-in-a-lifetime opportunity for our brand and team and also for the luxury clients who are able to purchase in this incredible precinct," Gurner said.

“Commencing construction on the site is not just a significant milestone for GURNER™ Group, it’s a huge step forward for the reinvigoration of the entire Chapel Street precinct."

"Our aspirations are to spearhead a new coming of age for the precinct so we have made sure to design a destination that can bring together world-class events, activations and brands to the site and celebrate this special part of Melbourne."

The Jam Factory redevelopment will deliver around 600 new dwellings over five towers in Melbourne’s sought-after inner fringe while anchoring the transformation of Chapel Street to reinvigorate it with a 2,500 sqm north-facing public piazza called Village Square

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