For Development Victoria, building sustainable homes isn't an option—it’s a baseline expectation for every new development. The State Government authority understands its role and responsibility in providing sustainable homes across Victoria.

In 2020, <a href="https://www.urban.com.au/developers/development-victoria">Development Victoria</a> launched an overarching sustainability strategy, consolidating its previous efforts and setting new goals in line with state statutory policy obligations, industry best practices, and global trends.

"At Development Victoria, we’re taking action on climate change with a strong and clear commitment to creating a sustainable future for our staff, the community, and all Victorians,"&nbsp;Project Director Lucy McNiven&nbsp;says.&nbsp;

"Our aim is to ensure we leave a strong legacy across all our work, through sustainable development and construction—and nothing less than best practice. Our homes are designed to be sustainable and affordable, giving more Victorians the opportunity to live where they want to be, without having to compromise on quality.”

Each new housing project undertaken by Development Victoria begins with a strong focus on how to incorporate sustainable initiatives and features during the planning and design phase. The goal is always to integrate these elements into new homes in the most cost-efficient way possible for buyers.

Their masterplanned community in Officer, called <a href="https://www.urban.com.au/new-townhouses/olio-officer-corner-of-bridge-road-and-coxon-street-officer-vic-3809">Olio</a>, is a prime example of Development Victoria’s forward-thinking approach to home building. Located in Melbourne’s South East Growth Corridor, Olio showcases a thoughtful approach to community development, placing long-term sustainability at the heart of its planning.

[smartcode_project:default project_id=84641 project_image_fid=211742]

The two-, three-, and four-bedroom homes at Olio are designed to achieve a minimum 7-star NatHERS energy rating. All homes are fully electric, significantly reducing environmental impact compared to gas-powered alternatives—particularly in kitchens. Water is heated using energy-efficient heat pump systems that extract heat from the air, while double-glazed windows improve thermal efficiency year-round and reduce reliance on heating systems. Each home is equipped with a 3kW rooftop solar PV system to generate clean, renewable energy and lower electricity bills. A 15A isolator for EV charging is also pre-installed in every garage, future-proofing homes for electric vehicle use.

Beyond the sustainability features that benefit both residents and the environment, Development Victoria has also committed to carbon-neutral construction. Emissions generated during the building process are offset through investment in protected native forests.

&nbsp;

[smartcode_project:default project_id=84641 project_image_fid=211732]

Development Victoria has also placed a focus on improving the natural environment surrounding Olio. The team has supported the revitalisation of Gum Scrub Creek, transforming it into a public green corridor that brings nature to the edge of Olio. A central neighbourhood park has also been created for residents to enjoy.

Over 90 homes have already been delivered in the first stage of Olio. Stage two is now underway by reputable townhouse builder Sienna Homes, the same builder responsible for the successful first stage.

[smartcode_project:default project_id=84641 project_image_fid=161918]

Olio is strategically located directly opposite Officer Station, providing direct train access to Melbourne’s CBD in just over an hour. It’s also within walking distance of the planned Officer Town Centre, which will introduce new retail and commercial services to the area in the near future. Local amenities such as One Centre Square—which features dining, medical, and fitness facilities—are already well-established nearby.

Development Victoria is guided by a mandate to deliver housing that balances affordability, quality, and sustainability—an approach that has shaped other landmark projects including Docklands, Fitzroy Gasworks, and Springvale.

The second stage of homes at Olio Officer are now selling, with prices starting from well under $500,000.

[smartcode_project_cta:default project_id=84641]

Joel Robinson

Shaping a sustainable future: How Development Victoria is setting new standards in sustainability

Developer Tian An has quickly sold around a quarter of the apartments on offer at its recently launched North Village apartment development, the second stage of its successful Auburn Square precinct.

<a href="https://www.urban.com.au/new-apartments/north-village-auburn-square-35-northumberland-road-auburn-nsw-2144">North Village</a>, located opposite the first completed stage of Auburn Square and just a short walk to the centre of Auburn, will deliver 264 one-, two-, and three-bedroom apartments, with prices starting from $525,000.

[smartcode_project:default project_id=149184 project_image_fid=324853]

It is the only new development in Auburn to offer the sought-after Latent Defects Insurance by Resilience Insurance. This insurance provides buyers with up to 10 years of coverage for any structural or waterproofing issues—not just in the building and common areas, but also within their individual apartments. It’s the most rigorous insurance available to developers, giving buyers genuine peace of mind when purchasing off the plan.

Ray White WS Managing Director Mark Bernberg says buyers have been waiting for the opportunity to purchase a brand new apartment ever since the first stage sold out.

"We are just two minutes from the train station and 20 minutes to the CBD. With Auburn Central offering a range of retailers—and Coles taking the entire ground floor of North Village—now is one of the best times for those looking for a brand new apartment in Auburn to enter the market," Bernberg says.

<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/XOighio-qsg?si=kqzPignCcLq6fL1O" title="YouTube video player" width="560"></iframe>

Bernberg has sold apartments to all types of buyers; however, the main demographics have been first home buyers and young professionals.

Designed by renowned architecture firm <a href="https://www.urban.com.au/architects/rothelowman" target="">Rothelowman</a>, North Village marks only their second residential project in the area, following the first stage of Auburn Square. Rothelowman is nationally recognised for designing some of Australia’s most iconic apartment buildings.

[smartcode_project:default project_id=149184 project_image_fid=324852]

Gold Star, iCIRT-rated builder Binah has already cleared the site and is preparing to break ground, with targeted completion set for Q4 2027.

North Village will feature smart home technology-enabled apartments and shared resident amenities, including a gym, cinema, and landscaped rooftop garden.

[smartcode_project_cta:default project_id=149184]

Gold Star, iCIRT-rated builder Binah has already cleared the site and is preparing to break ground, with targeted completion set for Q4 2027

Tian An quickly sells 25% of apartments in North Village, Auburn, following successful launch

As investment in Melbourne’s west accelerates, the Sunshine Precinct is emerging as a key node in Victoria’s long-term urban growth strategy.

Backed by more than $20 billion in public infrastructure projects, this historically working-class area is being quietly repositioned as a future metropolitan centre - one that may reshape how Melbourne’s west grows over the next three decades.

<h2>Strategic repositioning through transport infrastructure</h2>

At the centre of this transformation is Sunshine’s evolving role as a major transport interchange. A series of significant rail upgrades - most notably the Melbourne Airport Rail link - will establish Sunshine Station as a primary hub connecting regional Victoria, the western suburbs, and Melbourne Airport to the CBD.

Currently underway, the Melbourne Airport Rail project will deliver a 30-minute connection between the city and the airport, with Sunshine Station acting as a key transfer point. As part of this, Sunshine is being redeveloped into a transport “superhub”, including new regional platforms, extended concourses, track realignments, and improved signalling infrastructure.

This network shift, supported by complementary projects like the Sunbury Line Upgrade and Metro Tunnel, positions Sunshine at the crossroads of future movement patterns - both within the metropolitan area and beyond.

<h2>Growth Areas: Housing, Jobs and Urban Structure</h2>

Urban growth forecasts model significant shifts in the Sunshine Precinct’s population and job capacity over the next 25 years. According to Victorian Government estimates, the area could support:

<ul>
	<li aria-level="1">70,000 dwellings by 2051, up from 16,000 in 2021</li>
	<li aria-level="1">45,000 residents, compared to today’s estimated 27,000</li>
	<li aria-level="1">26,000 jobs, more than doubling the current base of 10,000</li>
</ul>

Importantly, this growth is concentrated around three primary nodes:

<ul>
	<li aria-level="1">Sunshine Station Precinct – envisioned as a mixed-use transit hub with commercial, civic and high-density residential development.</li>
	<li aria-level="1">Albion Quarter – a large redevelopment area surrounding the rebuilt Albion Station, planned to accommodate a mix of employment land and infill housing.</li>
	<li aria-level="1">Sunshine CBD – a civic and educational centre that includes Victoria University and Sunshine Hospital, with potential for further office-based employment growth.</li>
</ul>

These zones are positioned to support medium-to-high-density outcomes over time, particularly in response to housing supply pressures and the increasing viability of transit-oriented development in Melbourne’s middle suburbs.

<h2>Public Realm and Amenity Improvements</h2>

Complementing the transport infrastructure is a suite of urban realm projects aimed at improving the liveability and walkability of Sunshine.

The Sunshine Station Masterplan, supported by $143 million in government funding, outlines improvements such as:

<ul>
	<li aria-level="1">A new plaza and bus interchange at Station Place</li>
	<li aria-level="1">Shared user paths and landscaped public open space</li>
	<li aria-level="1">A new development site adjacent to the station</li>
	<li aria-level="1">Improved pedestrian connections across the rail corridor</li>
</ul>

Further north, the Albion Quarter Structure Plan is being prepared to support the transition of underutilised industrial land to mixed-use zones, with an emphasis on proximity to public transport and community infrastructure.

Meanwhile, early-stage planning is underway to revitalise Stony Creek, a concrete-lined drainage corridor, into a more ecologically integrated and accessible green space that could serve both flood management and recreational purposes.

<h2>Market and Investment&nbsp;</h2>

Although Sunshine has seen incremental renewal in recent years, particularly within its CBD and civic precincts, its broader built form remains relatively low in scale. Large parcels of land, legacy industrial uses, and fragmented development patterns have historically limited significant private investment.

However, that equation is beginning to change. Government-led infrastructure is laying the groundwork for long-term uplift in land values and development feasibility, particularly for medium- and high-density residential and mixed-use projects within walking distance of key transit points.

The opportunity, for now, lies in the early timing of intervention. As has occurred in precincts like Box Hill and Footscray, public sector certainty around infrastructure often precedes a wave of private-sector response. Sunshine’s relatively flat topography, proximity to established institutions, and substantial redevelopment sites give it a similar potential trajectory.

<h2>New housing opportunities</h2>

Well positioned to take advantage of the future growth in Sunshine is <a href="https://www.urban.com.au/new-townhouses/luma-sunshine-north-247-st-albans-road-sunshine-north-vic-3020">LUMA</a>, a vibrant new community by <a href="https://www.urban.com.au/developers/development-victoria">Development Victoria</a> - the Victorian Government’s property developer.

Located halfway between Ginifer and Albion Stations and near the upcoming Sunshine Precinct infrastructure, LUMA Sunshine North will feature over 300 townhouses, with Melbourne-based SAW Constructions delivering the first two stages of the development.&nbsp;

The first stage of LUMA has delivered 86 homes, with all residents now moved in and enjoying all that the area has to offer.

[smartcode_project:default project_id=27783 project_image_fid=350574]

More than 3,600 sqm of open space has already been created at the newly opened Willowbark Park which features a playground, BBQs and picnic areas, enhancing liveability and local connection.&nbsp;

A direct connection to the Stony Creek pedestrian path network has also been integrated, seamlessly extending this key link and encouraging active travel both within the site and beyond. A future bridge over Stony Creek will directly link the new community with the existing residential area to the east, improving east–west connectivity.

[smartcode_project:default project_id=27783 project_image_fid=255556]

Development Victoria has recently started construction on Stage two - a mix of 85 two, three, and four-bedroom townhouses to suit a range of households and budgets, from first home buyers and investors to young families and downsizers.

Homes at LUMA are designed with a focus on sustainability and are all-electric, featuring solar PV double-glazed windows, and a minimum 7-star <a href="https://www.urban.com.au/guides/what-is-a-nathers-rating-in-new-off-the-plan-apartment-developments">NatHERS</a> energy rating.

[smartcode_project:default project_id=27783 project_image_fid=96896]

Development Victoria is a government agency partnering with industry and communities to create sustainable, liveable places for people. They unlock underutilised land to deliver housing across Victoria, from house and land communities in Officer and Springvale, to mixed-use precincts in Fitzroy and Kew. They build a variety of homes and communities where people can thrive while catering to different budgets, lifestyles and needs so that more people can live where they want to be at prices they can afford.

Stage two of LUMA is now selling and is due for settlement next year. Buyers can secure a home with a 2.5% upfront deposit, and receive a $10k discount on the full price of the homes until June 30.

[smartcode_project_cta:default project_id=27783]

Well positioned to take advantage of the future growth in Sunshine is LUMA, a vibrant new community by Development Victoria - the Victorian Government’s property developer

Infrastructure drives new momentum in Melbourne’s Sunshine Precinct

Burgeoning South East Queensland builder-developer <a href="https://www.urban.com.au/developers/gardner-vaughan-group">Gardner Vaughan Group</a> (GVG) has its sights firmly set on their next Sunshine Coast apartment development.

GVG recently settled on a $19 million purchase of a prime 5,289 sqm site across 1–9 Bulcock Street and 45–47 Bombala Terrace. The acquisition paves the way for <a href="https://www.urban.com.au/new-apartments/eden-caloundra-1-9-bulcock-street-caloundra-qld-4551">Eden Caloundra</a>, a two-tower project with 179 apartments.

Early registrations are now open for Eden, with a full launch scheduled for September. Construction is expected to begin in January 2026, with the site already cleared.

<img alt="Eden Caloundra" data-entity-type="file" data-entity-uuid="422d7354-4c2e-4a77-ae67-89d5b0ecf3f7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-06-04%20at%204.45.16%E2%80%AFPM.png?VersionId=RB.KRQcVhp9fKF1BvHxYpe1igaddH7cx" />

The team revisited the original approved plans, which had included a hotel and nearly 3,000 sqm of retail and commercial space, and opted for a new direction.

GVG Director Sam Gardner says Eden presents an opportunity to reinvigorate Bulcock Street.

"Bulcock Street is one of the premier streets in Caloundra, but it's been left behind in recent years. We expect Eden to be just the start of the revitalization of the area," Gardner says.

He adds that the ground-level retail offering will be carefully curated, with a particular focus on the two hospitality operators that will play a key role in the precinct’s success.

<img alt="Eden Caloundra" data-entity-type="file" data-entity-uuid="6f20917c-6aa4-412e-aed9-39d88fbbb5a7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-06-04%20at%209.40.07%E2%80%AFAM.png?VersionId=tqo8py25Vq1we1IXFosNRwQPaUOwxIST" />

The national expressions of interest campaign by Colliers&nbsp;agents Brendan Hogan and Baydn Dodds attracted more than 210 enquiries and seven formal offers.

Hogan said this site offered a significant development opportunity in one of the most in-demand and supply-constrained markets in Queensland and Australia.

“The strong demand for housing and accommodation in the Sunshine Coast region drew intense interest from local and national developers,” Hogan said.

“This was a particularly rare site as it is located in an established area close to beaches, shops, cafes and entertainment at the top end of Caloundra’s CBD but also offered an elevated site, offering potential ocean and mountain views."

<img alt="Pool" data-entity-type="file" data-entity-uuid="269a2081-b722-471e-be18-bf3b57cde572" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-06-04%20at%204.46.03%E2%80%AFPM.png?VersionId=HA6bIy5yRXdW1yMl0am8cq0Qiw.iFGlM" />

Baydn Dodds said the transaction reflects the continued strength of the Sunshine Coast market and the high level of interest for premium development opportunities in lifestyle destinations such as Caloundra.

The population on the Sunshine Coast is expected to grow by 237,900 people between 2021 and 2046, requiring around 89,800 new dwellings. This equates to around 3,600 new homes needing to be delivered each year to accommodate the forecast annual population growth of more than 9,500 people.

GVG Director Sam Gardner says Eden presents an opportunity to reinvigorate Bulcock Street

Gardner Vaughan plans Eden Caloundra launch after $19m site purchase

Melbourne developer Central Equity is reviving its Surfers Paradise tower that was shelved three years ago due to escalating construction costs.

Central Equity, HIA Victoria's most awarded apartment developer—known for projects such as Melbourne Grand, Southbank Place, and Victoria Tower—has completed over 80 developments.

Back in 2022, the plan was for Pacific One, a 56-level tower comprising 486 dwellings. Although sales began successfully, it soon became clear the project was no longer feasible due to rising construction costs.

Now, there are renewed hopes that the skyscraper—set on a prime 3,259 sqm corner site at <a href="https://www.urban.com.au/new-apartments/corner-of-frederick-street-garfield-terrace-surfers-paradise">Frederick Street and Garfield Terrace</a>—will go ahead.

Central Equity has returned to the drawing board with architecture firm Marchese Partners, submitting a revised proposal for a 52-level tower with 347 apartments. The new design features six podium levels, up from the two originally approved. That will home the 387 parking spaces, rather than in basement-level parking, a costly and timely exercise.

<img alt="CE" data-entity-type="file" data-entity-uuid="e0cf7ffb-442b-4e8d-ae06-c37c0c1015ba" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Central%20Equity.jpg?VersionId=UkIDoY5fIGYQB4zfXvGvQPLrCa1JbfFC" />

A pre-lodgement meeting was held with the Gold Coast City Council before the recent application. Council supported the podium height, and identified reservations about the dark-glazed appearance, recommending finishes that complement the residential coastal character.

"In response to the above items raised, the development was revised to incorporate a more subtropical, coastal design palette with more incorporated articulation and recesses and deep planting," town planner Urbis noted in their submission.

Marchese Partners said in their submission that while&nbsp;the redesign of the development has been approached holistically, the design changes largely relate to the podium levels and tower base.

"The tower design remains primarily the same, with only minor revisions to the central column design. Given proposed increase in podium height, careful consideration has been given to the design strategy of these levels to ensure the tower base positively contributes to the streetscape character and coastal environment."

They said the podium design has been cleverly revised to emulate residential dwellings, by incorporating balconies and glazing with false windows.

"This creates the appearance of residential dwellings while also creating visual interest through balconies of varying height, width and depth and integrated landscaping. This in turn softens the overall appearance of the podium, reducing visual bulk and positively contributing to the development character of the area while maintaining the anticipated development intensity for the zone."

The extensive amenity that was on offer in the original building has been reduced.

Previously known as the Pacific Club (below), the sixth level will still feature two swimming pools, cabanas, barbecue areas, an indoor and outdoor gym, sauna, and a club lounge. Gone however is the exclusive rooftop club, reserved only for the use of skyhome and penthouse residents. There had been plans for a glass-edge pool, gym, sauna, and alfresco dining spaces.

<img alt="Central Equity" data-entity-type="file" data-entity-uuid="b7097f57-ad14-445d-8841-26fdff92d5bf" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-06-04%20at%209.54.54%E2%80%AFAM.png?VersionId=MCrx6w01dAUCsSEv.8Hf3uSd5LRt93o3" />

When Pacific One launched, Central Equity Executive Director, Karl Kutner, said the market had been starved of the type of dwelling mix being offered in the development.

"There's not many projects at the moment in this location that offer one, two, three and four-bedroom apartments," Kutner said.

It is nearly two decades since Central Equity acquired their first block on Frederick Street. They had planned a more boutique building before acquiring several neighbouring properties to create a 19-lot compound.

The new tower will be Central Equity's first outside of Melbourne.

Central Equity has returned to the drawing board with architecture firm Marchese Partners, submitting a revised proposal for a 52-level tower with 347 apartments

Central Equity to revive shelved Surfers Paradise apartment tower

Sydney’s property market is known for high prices, competitive bidding, and mounting pressure on first home buyers. But change is on the horizon.

From late 2025, eligible first home buyers in New South Wales will have access to a new federal government initiative aimed at addressing affordability: the Help to Buy Scheme.&nbsp;

<h2>What is the Help to Buy Scheme?</h2>

The program introduces a shared equity model intended to reduce the upfront cost of entering the property market, particularly in high-demand urban areas such as Sydney.

The scheme operates under a shared ownership structure in which the federal government takes an equity stake of up to 40 per cent for new homes, or 30 per cent for existing dwellings. This arrangement allows eligible buyers to significantly reduce their loan size and avoid the added cost of Lenders Mortgage Insurance (LMI).

Under this model, purchasers can enter the property market with as little as a two per cent deposit, well below the traditional 10 to 20 per cent usually required. The government’s contribution is not a loan but a co-ownership stake in the property. As such, there is no interest or rent charged on its portion.

Because the government’s equity combined with the buyer’s deposit typically meets or exceeds the 20 per cent threshold, LMI does not apply. The remaining balance, generally between 60 and 70 per cent of the property’s value, is financed through a standard home loan with a participating lender.

The government's equity in the property remains in place until the buyer chooses to repay it voluntarily or until the property is sold. Buyers can buy back the government’s share over time, in increments of at least five per cent, depending on their financial situation.

There is no fixed repayment timeline, but the amount to be repaid will be based on the property's market value at the time of repayment, not the original purchase price.

<h2>How do you qualify for the&nbsp;Help to Buy Scheme?</h2>

To qualify for the Help to Buy Scheme, applicants must meet the following conditions:

<ul>
	<li>Be an Australian citizen at least 18 years of age.</li>
	<li>Be a first-home buyer who does not currently own property.</li>
	<li>Intend to live in the property as their primary residence.</li>
	<li>Earn less than $100,000 per year for individuals, or $160,000 for couples.</li>
	<li>Purchase a property within the regional price caps, currently $950,000 in Sydney, though this is expected to rise to approximately $1.3 million ahead of the program’s launch.</li>
</ul>

While the Help to Buy Scheme does not solve affordability challenges across the board, it does offer a more accessible pathway for a defined segment of the market, particularly younger buyers with moderate incomes who have been priced out of traditional lending routes.

The scheme is expected to commence in NSW in late 2025, as part of a national rollout.

Under the new model, purchasers can enter the property market with as little as a two per cent deposit, well below the traditional 10 to 20 per cent usually required

Help to Buy Scheme: What first home buyers in NSW need to know

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

Every First Home Owner Grant for new property by state

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

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

Urban Editorial

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

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

alisonwarters@gmail.com

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

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

Ellen Walker

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

Developer <a href="https://www.urban.com.au/developers/time-place">Time &amp; Place</a> and its joint venture partners MaxCap Group and <a href="https://www.urban.com.au/builders/hickory">Hickory</a>, have announced a significant construction milestone for <a href="https://www.urban.com.au/new-apartments/the-queensbridge-building-southbank-90-queensbridge-street-southbank-vic-3006">The Queensbridge Building</a>, with the project officially topping out and reaching its full height at 65-levels and 209 metres tall.&nbsp;

Celebrating the building’s structure reaching completion and acknowledging the hard work from construction workers and trades to achieve this in a safe and timely manner, particularly given the current construction climate, The Queensbridge Building’s topping out marks a major step towards welcoming its new residents home to the 353 apartments in Q4 2025.&nbsp;

[smartcode_project:default project_id=1504 project_image_fid=272082]

It is also a milestone that serves as an early indicator of the upcoming opening of the signature component of the unique development, the Hannah St. Hotel.&nbsp;

The 188-key boutique hotel has been the focus of the design and brand team at Time &amp; Place and is the newest design-led property to join the Collection by TFE Hotels portfolio.&nbsp;

Collection Hotels, including the recently opened The EVE Hotel Sydney, are committed to quality design, exceptional experience, and connection to their community. Each is independently owned, with management services provided by TFE Hotels.&nbsp;

As the only high-rise residential tower in Southbank set for completion in 2025, The Queensbridge Building achieving topping out reinforces confidence for existing purchasers and prospective buyers in a current market where off the plan project delays are not uncommon. &nbsp;

[smartcode_project:default project_id=1504 project_image_fid=272078]

Built by Hickory, renowned for its large-scale, high-quality developments across Australia, The Queensbridge Building’s future residents can be confident that their homes will be delivered to the highest standard, reflecting Hickory’s proven track record in luxury, high-density living.&nbsp;

Architects&nbsp;<a href="https://www.urban.com.au/architects/fraser-partners-0">Fraser &amp; Partners</a> worked alongside Time &amp; Place and the award-winning interior designer David Flack from <a href="https://www.urban.com.au/architects/flack-studio">Flack Studio</a>&nbsp;to design the timeless architecture that has become The Queensbridge Building.&nbsp;

[smartcode_project:default project_id=1504 project_image_fid=272079]

The development features a series of luxe residential amenities including private rooftop terraces, lush gardens, lap pool, wellness studios, co-working space, and The Clubhouse for residents which will be serviced by the Hannah St. Hotel.

The hotel lobby and food and beverage will be located adjacent to the residential lobby and create a unique hospitality element to the precinct that significantly enhances the building’s overall services on offer, providing a unique premium experience for residents.&nbsp;

&nbsp;

[smartcode_project:default project_id=1504 project_image_fid=272090]

With The Queensbridge Building now directing attention to interior fit-outs to reach its full completion, Time &amp; Place is excited to add yet another leading residential development to their growing $5 billion development portfolio.&nbsp;

Tim Price, Founder and Director of Time &amp; Place, said the topping-out milestone was a proud moment for the project and a testament to the team’s dedication.&nbsp;

“This is a momentous step towards delivering The Queensbridge Building, and the dedication from our partners, Hickory and MaxCap Group, ensures a project of exceptional quality," Price said.

"Reaching this point gives buyers confidence that their home will be delivered on time, meeting the high expectations we’ve communicated from the outset."

[smartcode_project:default project_id=1504 project_image_fid=272093]

Simon Hulett, Head of Direct Investment at MaxCap Group, highlighted the significance of the construction milestone.&nbsp;

“Reaching this milestone for a tower of this height, scale, and complexity reflects the superior execution capabilities of our partners, Hickory and Time &amp; Place," Hulett says.

"It also highlights the quality of product and outcome we are committed to delivering for our investors. We believe The Queensbridge Building will set a new benchmark for quality in Melbourne and is ideally positioned to capitalise on the improving market sentiment in 2025.”&nbsp;

[smartcode_project_cta:default project_id=1504]

Tim Price, Founder and Director of Time & Place, said the topping-out milestone was a proud moment for the project and a testament to the team’s dedication

The Queensbridge Building, Southbank apartment tower, tops out

Multi-generational living is becoming increasingly common in modern apartment developments.

As baby boomers begin planning for retirement, many are looking to downsize—unlocking equity from their large family homes now that their children have left, or are preparing to leave, the nest.

They're seeking homes that are more low-maintenance and less demanding, but still spacious and practical.

Some downsizers wait until their children move out; others plan ahead for that eventual reality. The latter group often seeks large apartments with multiple living zones—allowing adult children, who might still be studying or starting full-time work, to retain some independence while staying within the family home.

With this in mind, Salter Brothers teamed up with architect John Demos to design their new Ivanhoe apartment development, <a href="https://www.urban.com.au/new-apartments/candela-ivanhoe-40-upper-heidelberg-road-ivanhoe-vic-3079">Candela</a>, to meet the needs of downsizing families. The result: a limited collection of large, dual-level residences featuring multiple living zones.

[smartcode_project:default project_id=342 project_image_fid=336456]

These multi-zoned apartments are not only attracting downsizers with older children but also younger families looking for a more affordable, brand-new alternative to established housing—often out of reach in inner-city suburbs like Ivanhoe.

There is also a smaller, yet significant, market of buyers planning to accommodate ageing parents in the future. To cater for this, the two-level known as the loft style apartments in the Lustre collection feature a master bedroom on the ground floor—complete with an ensuite and walk-in wardrobe—situated next to the main kitchen, living, and dining area. This thoughtful layout eliminates the need to navigate stairs, providing added comfort and accessibility. &nbsp; Additionally, the Lustre collection includes single storey apartment options for young families.

[smartcode_project:default project_id=342 project_image_fid=212227]

Several apartments also include integrated study nooks, catering to children of all ages—whether for homework, remote learning, or working from home.

Candela offers four distinct apartment collections: Aurora, Brillante, Halo, and Lustre, with a mix of one- to four-bedroom floorplans.

From the Brillante collection upwards, each configuration is suited to family living. The curved walls in the master bedrooms of Brillante apartments, for example, lend themselves to being used as nursery corners or quiet study areas.

[smartcode_project:default project_id=342 project_image_fid=212225]

The one-bedroom Aurora apartments offer yet another form of multi-generational living: adjacent, yet independent, residences. A grandparent or young adult can live nearby while maintaining their own private space. With only four of these unique layouts available in the entire development, they present a rare opportunity to achieve proximity with privacy in a new build.

[smartcode_project:default project_id=342 project_image_fid=169534]

In addition to introducing new apartment living to a suburb traditionally dominated by detached houses, Salter Brothers is also delivering valuable amenities to Ivanhoe. The apartments will have access to commercial spaces—designed to foster community connection while serving both residents and the wider neighbourhood. Residents will also have exclusive access to private amenities, including a residential lounge and rooftop terrace.

Construction has commenced, with completion expected by the end of September 2026.

[smartcode_project_cta:default project_id=342]

The multi-zoned apartments are not only attracting downsizers with older children but also younger families looking for a more affordable, brand-new alternative to established housing

Candela apartments offering multi-generational living in the heart of Ivanhoe

Brisbane’s supercharged unit market continues to run at breakneck speed.

After consistent growth in March and April (+0.6 per cent and +0.7 per cent respectively), values surged by 1.1 per cent in May—comparable to the boomtime growth seen last year, according to the latest Home Value Index by Cotality (formerly CoreLogic).

The May spike, the highest monthly increase across all capital city unit markets, pushed the median unit value beyond the $700,000 mark to a new record high of $709,000.

Unit values are now up nearly 12 per cent over the past 12 months.

Property markets nationwide continue to grow in value, largely driven by the two interest rate cuts implemented so far in 2025, with expectations of further cuts later this year.

Cotality Research Director Tim Lawless said the recent May rate cut is likely to further accelerate momentum in the coming months.

<h2>What happened in Brisbane’s off the plan apartment market in May?</h2>

May was a busier month in Brisbane’s off the plan apartment market, with major players reaffirming their commitment to the city’s inner ring, particularly West End and Newstead.

It was revealed national developer Traders in Purple secured a second development site in West End, hot on the heels of securing approval for <a href="https://www.urban.com.au/new-apartments/rivara-west-end-117-victoria-street-west-end">Rivara</a>, on their other West End site that was recently acquired from Crown Group.

The new site, at&nbsp;<a href="https://www.urban.com.au/new-apartments/281-montague-road-west-end-281-297-montague-road-qld-4101">281-297 Montague Road</a>, spans 10,628 sqm and already has approval for two towers up to 20 levels. Traders will revise the design to introduce a broader housing mix.

<img alt="Traders in Purple secures second West End site as Rivara approaches launch phase" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_auto/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screenshot%202025-05-14%20at%205.04.37%E2%80%AFPM.png?VersionId=U1pkQpIsYqcxTnImiFp7na6HKq87clV4" />

Traders In Purple Director George Geagea said the acquisition underlined the firm’s confidence in West End as a vibrant, high-growth precinct.

“We see an opportunity for long-term placemaking,” Geagea said, highlighting plans to improve public access and walkability, including a handover of 600 sqm to Brisbane City Council for upgrades to the West End Football Club’s home ground.

Read more: <a href="https://www.urban.com.au/news/qld/traders-in-purple-secures-second-west-end-site-as-rivara-approaches-launch-phase">Traders in Purple secures second West End site as Rivara approaches launch phase</a>

Another developer growing their portfolio in South East Queensland is Pyco, who lodged plans for a new 11-level tower in South Brisbane at 37-39 Browning Street.

Designed by Gatehouse Architects, the proposal includes 65 apartments, the majority of which are three-bedrooms tailored for the owner-occupier market.

<img alt="First look: Pyco to take on South Brisbane's apartment market" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_auto/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screenshot%202025-05-14%20at%203.14.25%E2%80%AFPM.png?VersionId=.ZVNUUcfRDLgtCvQsvKNdZ.jsNoxVzzj" />

A rooftop wellness retreat will offer residents a pool, spa, sauna, steam room, and BBQ area, while penthouse buyers will enjoy private rooftop terraces with their pools.

Pyco is already active in Brisbane with ongoing projects in Albion (Nouveau) and West End (Atelier). They recently launched <a href="https://www.urban.com.au/new-apartments/onde-kirra-10-churchill-street-coolangatta-qld-4225">Onde Kirra</a> on the Gold Coast.

Read more: <a href="https://www.urban.com.au/news/qld/first-look-pyco-to-take-on-south-brisbanes-apartment-market">First look: Pyco to take on South Brisbane's apartment market</a>

Also making waves across South East Queensland is builder-developer BPG Developments, who in May unveiled plans for an 18-level tower in Newstead at <a href="https://www.urban.com.au/new-apartments/16-22-maud-street-newstead">16-22 Maud Street</a>.&nbsp;

Designed by Plus Architecture, the 131-apartment building will feature two and three-bedroom homes and an amenity-rich rooftop with cold and hot plunge pools, yoga lawn, and saunas.

<img alt="First look: BPG eyes Newstead apartments on Maud Street" 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/Maud%20Newstead.png?VersionId=wID_WCye_qNou.4EGtyvlSuGnwFCCcjl" />

&nbsp;

The building’s design pays tribute to its neighbouring heritage-listed boot factory through the use of brickwork and arched forms, adding a layer of historic texture to the contemporary precinct.

BPG also recently filed for <a href="https://www.urban.com.au/news/qld/first-look-bpg-developments-returns-to-palm-beach-new-apartment-market">71 apartments in Palm Beach</a>.

On the decision to double down in two of South East Queensland's most sought-after suburbs, Williams said the reasons are straightforward.

"None of the key drivers have changed," Williams told Urban.

"There's still a shortage of stock. Very few new apartments are getting built. Unless you're a builder-developer right now, making the numbers work for a new development is extremely difficult due to high construction costs and the availability, and cost, of builders."

Read more: <a href="https://www.urban.com.au/news/qld/first-look-bpg-eyes-newstead-apartments-on-maud-street">First look: BPG eyes Newstead apartments on Maud Street</a>

CoreLogic Research Director Tim Lawless said the recent May rate cut is likely to further accelerate momentum in the coming months.

City Beat May 2025: Brisbane units break through $700k median as values spike in May

The redevelopment of the old Sydney Fish Market site at Blackwattle Bay is set to deliver more than 1500 homes after the NSW Government fast-tracked a rezoning to unlock an additional 320 homes, in the precinct.

Critically the development will include a 7.5 per cent affordable housing contribution that will remain affordable housing in perpetuity.

The finalised Rezoning Proposal made possible by the Minns Labor Government’s State Significant Rezoning Policy has amended planning controls in the&nbsp;Sydney Local Environmental Plan 2012 (LEP)&nbsp;to allow more residential floor space as part of the revitalisation of the harbour foreshore.

Sydney is losing twice as many young people as we are gaining with housing costs now the single largest cost to families in our state. This project will deliver critical new homes for these young people and families who have been locked out of housing.&nbsp;

Along with the delivery of new homes close to transport, over half of the Blackwattle Bay precinct will become open and accessible to the public, including a 1.1 hectare waterside park surrounding the southern pylon of the Anzac Bridge.

A new waterfront promenade will complete the missing link of the 15 km foreshore walk connecting Rozelle Bay to Woolloomooloo.

Infrastructure NSW will soon select a development partner to deliver the 3.6-hectare mixed-used site, following an open and competitive expression of interest process.

The three shortlisted developers, Lendlease, Mirvac, and Stockland will submit their proposals for evaluation in July.

The NSW Government will then work with the preferred development partner to commence work on the project as soon as possible, prioritising delivery of public spaces along the waterfront.

When complete, the landmark site will deliver housing, commercial spaces, retail and cultural experiences to create a vibrant, sustainable, and thriving community.&nbsp;&nbsp;

The first new homes are expected to be built by 2028, with construction likely to continue steadily delivering more homes for another six to eight years.

The Department publicly exhibited the draft Rezoning Proposal and supporting documentation from 12 December 2024 to 31 January 2025. Feedback received during exhibition helped inform its finalisation.&nbsp;

This is part of the Minns Labor Government’s plan to build a better NSW with a greater choice of homes, so young people, families, and workers have somewhere to live in the communities they choose.

Minister for Planning and Public Spaces, Paul Scully, said the Minns Labor Government is removing unnecessary barriers in the planning process to make it easier and faster to build quality homes, close to transport and services,

“This project is an example of that and will now provide more than 1,500 new homes for Blackwattle Bay, while also unlocking the economic and social potential of this unique part of Sydney’s foreshore.

“This is a once-in-a-generation waterfront renewal project that will open a hidden part of the harbour to the city and its people for the first time in over a century while supplying more homes.”

The three shortlisted developers, Lendlease, Mirvac, and Stockland will submit their proposals for evaluation in July.

Lendlease, Mirvac and Stockland in the frame to deliver 1,500 new homes to old Sydney Fish Market site in Pyrmont

New apartments in Palm Beach have been in vogue for the past five years.

Developers have turned their attention to beachfront sites, with most creating full-floor luxury apartments that cater not only to the Gold Coast’s most affluent buyers, but also to prestige property seekers from Sydney and Melbourne.

One segment that’s been largely overlooked, however, is the modern townhouse market. These types of developments are generally harder to come by, as townhouses are built outwards rather than upwards—requiring double-width, deep blocks to accommodate multiple homes.

Boutique townhouse developer <a href="https://www.urban.com.au/developers/brique-projects">Brique Projects</a> has carved out a niche in this underrepresented space, having previously delivered successful projects in nearby Miami and the Sunshine Coast. In 2022, the developer secured an 840 sqm double block on Cypress Terrace, just 300 metres from the beach.

Following a comprehensive design phase in collaboration with Studio Workshop, Brique has recently demolished the original home and rear studio and officially launched <a href="https://www.urban.com.au/new-townhouses/cypress-terrace-palm-beach-382-cypress-terrace-north-palm-beach-qld-4221">Cypress Terrace</a>—a collection of just five three-level townhouses.

<h2 data-end="1336" data-start="1322">The Design</h2>

Studio Workshop says the architectural form of Cypress Terrace draws inspiration from the natural beauty of the Gold Coast environment.

“Subtle timber cladding, reminiscent of the paperbarks and eucalypts of coastal bushland, is punctuated by bold geologic projections that echo the volcanic forms of Elephant Rock and Purling Brook Falls.”

[smartcode_project:default project_id=136926 project_image_fid=349276]

They say the façade provides a thoughtful yet creative addition to the local streetscape. “The folded angular language on the street-facing elevation is a gesture to the mature gum tree on site that inspired the conceptual design, and this language repeats across each townhouse to provide a rich play of shadows, spatial variation and individuality for each dwelling.”

The founder of Brique Projects plans to retain one of the residences for herself, personally selecting the finishes and fixtures to create a home not only for future buyers—but one she could genuinely see herself living in.

<h2 data-end="2049" data-start="1680">The Homes</h2>

The homes have been designed with liveability front of mind, suiting both owner-occupiers seeking low-maintenance living and buyers looking for a lock-up-and-leave weekender.

[smartcode_project:default project_id=136926 project_image_fid=349283]

Each of the five villas features three bedrooms, all located on the second level, along with a retreat-style secondary living area. The first level is dedicated entirely to the main living space, which includes an open-plan kitchen with a walk-in pantry, honed stone benchtops, and Miele appliances. This flows into a dedicated indoor dining area and a limestone-tiled alfresco courtyard for seamless indoor-outdoor living.

[smartcode_project:default project_id=136926 project_image_fid=349282]

The ground floor offers parking for two vehicles, an additional courtyard, and internal lift access servicing all three levels.

<h2 data-end="2812" data-start="2796">The Location</h2>

Cypress Terrace is positioned in northern Palm Beach, within walking distance of a number of lifestyle destinations including Burleigh Head National Park, Tallebudgera Creek, and the expanding Palm Beach café and dining precinct.

The location also offers excellent connectivity, with easy access to major road links servicing both Coolangatta and the northern Gold Coast. Connectivity will be further enhanced by the upcoming G:LINK light rail extension, with the nearest proposed stop just 600 metres away on Nineteenth Avenue.

[smartcode_project:default project_id=136926 project_image_fid=349279]

Future residents will also benefit from the nearby Villea Palm Beach development by Abadeen, located on Mawarra Street. Alongside 69 apartments, the project will deliver a curated ground-floor retail precinct, likely to include a providore, café, and other boutique retailers.

<h2 data-end="3640" data-start="3623">The Developer</h2>

Brique Projects is a family-owned development company established in 2020. It is part of The Barclay Group, a family business that has contributed to the South East Queensland landscape since the 1950s.

With over a decade of experience in residential property development, Brique Projects is focused on delivering architecturally considered homes in lifestyle-rich, coastal locations. The company is committed to supporting local businesses, working with local consultants and trades to bring each project to life. Its first two developments are both just a short stroll from the beach.

[smartcode_project_cta:default project_id=136926]

The homes have been designed with liveability front of mind, suiting both owner-occupiers seeking low-maintenance living and buyers looking for a lock-up-and-leave weekender.

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