Summary:

<ul>
	<li>Corner House by DeMartini Fletcher brings 88&nbsp;apartments to Brisbane’s evolving Stones Corner</li>
	<li>Designed with Ellivo Architects, the development incorporates an existing brick building and communal spaces</li>
	<li>A rooftop retreat with a pool, spa, sauna, ice bath, yoga lawn, gym and skyline views&nbsp;</li>
	<li>Well-connected location near Woolloongabba, Brisbane CBD, Hanlon Park, and major transport links</li>
</ul>

<hr />
New apartment launches in Brisbane have been few and far between in recent years. It is always noteworthy when a new project hits the market to meet the overwhelming demand for apartments in the Queensland capital.

Local developer&nbsp;<a href="https://www.urban.com.au/developers/demartini-fletcher-property">DeMartini Fletcher</a>&nbsp;has just launched&nbsp;<a href="https://www.urban.com.au/new-apartments/corner-house-18-stoneham-street-stones-corner">Corner House</a>, 88 one, two and three-bedroom apartments in Stones Corner, one of Brisbane’s increasingly evolving inner-city precincts.&nbsp;

DeMartini Fletcher has collaborated with <a href="https://www.urban.com.au/architects/ellivo-architects">Ellivo Architects</a> on the design which aims to honour the heritage of the localicty while bringing in a contemporary twist.

Situated at the intersection of Montague and Stoneham Streets, Corner House&nbsp;incorporates the existing brick corner building into its design, activating the street level with communal spaces for residents and the wider community.

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The apartment mix includes one, two, and three-bedroom residences, as well as options with a multi-purpose room.

Each home is designed for spacious living, with open-plan interiors, entertainer’s kitchens, and ample storage.&nbsp;

Living spaces and bedrooms have been positioned to maximise natural light and ventilation, with wraparound balconies extending outdoor space while incorporating green screening for privacy.

[smartcode_project:default project_id=149098 project_image_fid=330588]

Residents will have access to a rooftop retreat designed as a lifestyle-focused extension of their homes. The roof will feature a&nbsp;resort-style pool, spa, sauna, ice bath, gym, yoga lawn, residents’ herb garden, and barbecue facilities, all with sweeping views of Brisbane’s skyline.

Corner House will integrate sustainability principles, with a focus on climate-responsive design and urban greenery.

[smartcode_project:default project_id=149098 project_image_fid=330603]

Until 2017, <a href="https://www.urban.com.au/developments/stones-corner-qld-4120" target="">Stones Corner</a> was designated as a 'precinct' within the suburb of Greenslopes. Now Stones Corner is one of Brisbane's most rapidly transforming areas.&nbsp;

Since the announcement of the 2032 Brisbane Olympics, developers have eagerly seized the opportunity to be part of the area's transformation. In addition to several new apartment developments, Stones Corner Village is set for a complete revitalisation, bringing a vibrant new retail and dining precinct just off Hanlon Park.

Hanlon Park itself has undergone significant upgrades in recent years, earning the title of Best Park in Australia at the 2023 National Landscape Architecture Awards. The park features walking trails, beautifully landscaped gardens, and children's playgrounds.

Stones Corner also boasts excellent connections to Brisbane's central areas, with all major modes of public transport—including trains, buses, and the metro—providing easy access to the city.

[smartcode_project_cta:default project_id=149098]

Joel Robinson

DeMartini Fletcher launches Corner House apartments in Stones Corner

The ever-growing&nbsp;<a href="https://www.urban.com.au/developments/palm-beach-qld-4221">Palm Beach</a>, one of the most in demand suburbs on the Gold Coast for new developments, is set for some more, much needed, apartment supply.

Glenn Williams and Nick Parrs'&nbsp;<a href="https://www.urban.com.au/developers/bpg-developments">BPG Developments</a> is planning a 14-level tower on a <a href="https://www.urban.com.au/new-apartments/1055-gold-coast-highway-palm-beach">double-block on the Gold Coast Highway</a>,&nbsp;but will create the entry from Jefferson Lane, facing the beach.

It's a return to Palm Beach for the builder-developer who completed&nbsp;Sable on Palm Beach in 2019, just 200m away.

"We only want to develop in places we would like to live," Williams told Urban.

"I've been a part of the Currumbin Surf Club for the last two decades. We love the southern end of the Gold Coast and are looking forward to bringing more apartments to the area."

<img alt="BPG Developments Palm Beach da" data-entity-type="file" data-entity-uuid="205aa0c8-daca-4799-b9de-48e5fd215ca3" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/gold%20coast%20pers_0.png?VersionId=d6OkmBP9X6Mmd7R8MyDDJxYCFFMKfkmg" />

Plus Architecture says the design of the new tower draws inspiration from Queensland's coastal vernacular, utilising materials such as glazing, concrete panels with rebated shadow lines, textured render, and aluminium fins.&nbsp;

71 two and three-bedroom residences have been proposed, a mix of 42 two-bedroom apartments and 29 three-bedroom dwellings, three of which are two-level townhouses.

The 109 car spaces are spread across two basement levels and ground-level parking.

<img alt="BPG Developments Palm Beach da" data-entity-type="file" data-entity-uuid="f7881e01-bf60-48f3-b94b-16a3c5233692" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/gold%20coast%20da%20view.png?VersionId=ExUP0NNaJTm8ydJcEr7R.4rHRfZ3vyHT" />

The resident amenity will front Jefferson Lane on the ground level and will comprise a pool, pool deck, separate barbecue and alfresco area, and a wellness space with a gym, yoga deck, hot and cold plunge, and a sauna and steam room.

The project is located next door to 2021-completed Village Palm Beach and Gordon Corp's soon-to-be-launched Jefferson Lane project. That will offer 47 two and three-bedroom apartments across a nine-level building. It's also near Sherpa's Flourish on Sixth Avenue project which recently started construction with LPS Group.

BPG completed The Chaussy in Lutwyche in 2022 and recently welcomed buyers to their Scarborough development, The Oscar, where there are just a handful of apartments left for sale.&nbsp;

First look: BPG Developments returns to Palm Beach new apartment market

Marrickville has undergone a remarkable transformation, evolving from an industrial area into a vibrant and sought-after neighborhood.

The repurposing of old industrial buildings into breweries, cafes, restaurants, and creative spaces has turned it into one of Sydney's most exciting areas. However, despite rezoning efforts aimed at increasing apartment development, the expected boom in new housing has not yet materialized.

One developer that capitalized on this opportunity was TOGA, which, in 2019, partnered with major landowner Danias Timber to develop Wicks Place — a project consisting of 272 apartments integrated with retail spaces and a new laneway that connects directly to Wicks Park.

[smartcode_project:default project_id=27691 project_image_fid=308947]

In today’s market, delivering one-bedroom apartments has become a significant challenge. The cost of construction has escalated dramatically, particularly since the pandemic, making it increasingly difficult to replicate the value proposition that Wicks Place represents. As a result, the remaining apartments in the development are likely to be among the most affordable new apartments available in Marrickville.

Designed by Turner Studio with interiors by renowned designer Richards Stanisich, Wicks Place is a carefully curated space. The apartments feature floor-to-ceiling windows that maximize natural light, while offering views of the surrounding parks. Kitchens are equipped with integrated Fisher &amp; Paykel appliances and the natural stone island benches.

[smartcode_project:default project_id=27691 project_image_fid=328315]

Since TOGA began developing Wicks Place, Marrickville has undergone significant change. Key projects like the 2021 expansion of the Marrickville Metro shopping centre and the upcoming Sydney Metro Marrickville connection — set to open in 2026 — have only increased the area's desirability. The gentrification of the suburb has helped it earn a spot on TimeOut's list of the top 10 coolest neighborhoods in Australia, and even ranked 10th globally.

[smartcode_project:default project_id=27691 project_image_fid=328315]

In addition to these developments, late last year TOGA announced that Harris Farm would become an anchor tenant at Wicks Place. Paul Shaw, TOGA’s Executive General Manager of Development, emphasized how this addition will benefit both the residents and the broader Marrickville community.

“A home is about much more than just a place to live. It’s about creating an environment where people can enjoy access to their everyday needs,” Shaw explained. “We believe the addition of Harris Farm will be a welcome complement to the dynamic and thriving urban precinct we’re creating at Wicks Place.”

With just a few one and two-bedroom apartments remaining at Wicks Place, the opportunity to secure a new home in this high-demand area is fast diminishing. The value proposition that Wicks Place offers — combining affordability, convenience, and lifestyle — will be difficult to replicate as Marrickville’s transformation continues.

[smartcode_project_cta:default project_id=27691]

Why the value proposition of Marrickville's Wick Place apartments will be hard to repeat

Over 52,000 sqm of open spaces have received approval in <a href="https://www.urban.com.au/developers/sekisui-house-australia">Sekisui House Australia</a> and Hankyu Hanshin Properties $5 billion urban renewal masterplanned community, Melrose Park in Sydney’s north west.

The trio of parks, Central Park (17,586 sqm, soon to be renamed), Wharf Road Gardens (19,960 sqm), and Western Parklands (15,102 sqm), will provide&nbsp;expansive green spaces for the growing community.

Central Park will be the heart of <a href="https://www.urban.com.au/developments/melrose-park-nsw-2114">Melrose Park</a>, offering a dynamic and inclusive space for residents and visitors to enjoy and connect with nature. This park is due for completion early 2026, ready for new residents moving into the recently released fifth stage,&nbsp;<a href="https://www.urban.com.au/new-apartments/dawn-melrose-park-82-84-wharf-road-melrose-park-nsw-2114">Dawn</a>.&nbsp;

[smartcode_project:default project_id=145496 project_image_fid=334048]

Alex Grujovski, Project Director of Apartment &amp; Mixed-Use Developments at Sekisui House Australia, says the parks will serve as a central gathering point, encouraging people of all ages to interact while also supporting biodiversity and sustainable urban growth.

"Central Park, Wharf Road Gardens and the Western Parklands, will create a connected and vibrant neighbourhood that prioritises sustainability, well-being and social interaction,"&nbsp;Grujovski says.

"The parks will not only provide essential green space but also enhance the liveability of the area by creating opportunities for residents to engage with nature."

[smartcode_project:default project_id=145496 project_image_fid=334163]

Tim Conybeare, Studio Director at <a href="https://www.urban.com.au/landscape-architect/aspect-studios">ASPECT Studios</a>, says Central Park is designed as a place where people can come together to explore, unwind, and enjoy a variety of landscapes.

"It will feature gardens, open lawns, shady promenades and a play space inspired by river mangroves, creating an immersive play experience for children,"&nbsp;Conybeare said.

“Central Park is structured into three key zones. The Upper Terrace features a scenic lookout and escarpment gardens inviting all ages to relax. The play space and lawns will be a central activity hub for families and recreation. The Plaza near the new Town Centre will support community events."

&nbsp;

[smartcode_project:default project_id=145496 project_image_fid=334049]

Beyond Central Park, Wharf Road Gardens features a shared path connecting Hope Street and the broader Melrose Park area. With an emphasis on movement and passive recreation, the gardens will include boardwalks, native plantings and riparian habitats that enhance biodiversity.

Western Parklands will act as a buffer between residences and new developments, offering recreation opportunities. A shared path will connect the north and south parts of Melrose Park, linking to the Town Centre and Central Park. Fitness stations, nature play areas, and a detention basin at the southern end, doubles as a recreational area in this park.

&nbsp;

"While each park has distinct functions, they have been designed with a unified approach,"&nbsp;Conybeare added.

"A consistent palette of materials, urban furniture and landscape detailing ensures a strong identity across all three parks. Together, they will provide a range of activities while fostering a deep connection between residents and their environment."

[smartcode_project:default project_id=145496 project_image_fid=334162]

&nbsp;

Sekisui House’s $5 billion Melrose Park project is transforming into a thriving new community, significantly enhancing the housing supply in north-west of Sydney with 5,500 homes, a commercial and retail town centre and extensive parklands. Over 1,000 residents now reside in the community.

Melrose Park’s prime location offers road, rail and water transport connections. It is just 30 minutes by car or a 30-minute train ride from Meadowbank Station to Sydney’s CBD. With the approval and State Government funding for Stage 2 of the Parramatta Light Rail, the community will enjoy even greater access to wider Sydney.

[smartcode_project_cta:default project_id=145496]

Three new parks to bring more nature to Melrose Park

Developer Golden Sedayu has launched its own construction arm to deliver its landmark $3.8 billion masterplan, Burswood Point.

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Golden Sedayu Construction will soon commence works&nbsp;on the first stage of the new precinct development, which includes the construction of the first&nbsp;two apartment towers: Somerset East and Somerset West. The newly assembled construction team involves key personnel who have previously worked on landmark projects such as The Ritz Carlton and The Towers at Elizabeth Quay.

"This strategic move ensures greater control over project timelines, quality assurance, and seamless coordination," Golden Sedayu Managing Director, Andrew Sugiaputra, said.
</article>

[smartcode_project:default project_id=142314 project_image_fid=263304]

More than $200 million in site works have been completed already, including access roads, water works, sewer infrastructure, bulk earthworks, and a new bridge connecting Victoria Park Drive to the precinct.&nbsp;

Construction of the two towers, which will home 203 apartments, will begin in May. Completion is slated for Q4 2027.

60 per cent of the apartments in Somerset West have been snapped up. Somerset East will launch in the coming months.

[smartcode_project:default project_id=142314 project_image_fid=263311]

Situated on a 38-hectare site along the Swan River, <a href="https://www.urban.com.au/new-townhouses/burswood-point-saintly-entrance-burswood">Burswood Point</a> is set to become one of Western Australia’s most significant urban renewal projects.&nbsp;

The development will eventually bring 4,500 homes, hotels, retail and dining options, and extensive public open spaces to the area, with over 110,000 sqm of parklands and a 2.5-kilometre foreshore.

Designed by <a href="https://www.urban.com.au/architects/dko-architecture">DKO Architecture</a>, the Somerset towers will feature tiered balconies with greenery, enhancing their visual appeal and complementing the surrounding landscape.&nbsp;

[smartcode_project:default project_id=142314 project_image_fid=323174]

Residents will have access to a range of amenities, including a 20-metre infinity pool with views of the Swan River, a gym, wellness spaces, and a rooftop observation deck with BBQ facilities overlooking Optus Stadium and Matagarup Bridge.

Golden Sedayu, a partnership between Perth’s Golden Group and Indonesian property developer Agung Sedayu, has positioned Burswood Point as a future lifestyle and entertainment hub, just 3.5 kilometres from the Perth CBD.&nbsp;

The two towers are expected , with additional towers and precincts to be developed in subsequent stages.

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Golden Sedayu establishes Golden Sedayu Construction to deliver landmark Burswood Point masterplan

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.

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The integration of commercial and retail spaces attracts businesses, which can provide a stable rental income stream. Additionally, the popularity of mixed-use developments often drives up property values, making them a potentially lucrative investment in the long term.

<h3>Enhanced security and maintenance</h3>

Mixed-use developments typically have comprehensive security measures in place. With controlled access points, CCTV surveillance, and professional security staff, residents can enjoy enhanced safety and peace of mind.

[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.

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<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?

Parkside living and Parramatta don't often go hand in hand, making Deicorp's first apartment development in the heart of Parramatta CBD even more appealing to prospective buyers.

The transport-focused developer, known for creating well-connected communities, secured a prime site at the eastern end of Parramatta CBD on Hassall Street. It's conveniently located next to the Robin Thomas Light Rail stop and just a short walk to Parramatta Train Station.

Thanks to the prized corner block, with no buildings to the north or east, residents at <a href="https://www.urban.com.au/new-apartments/cosmopolitan-by-deicorp-parramatta-34-hassall-street-parramatta-nsw-2150">Cosmopolitan by Deicorp</a> will enjoy protected views over the adjacent Robin Thomas Reserve and James Ruse Reserve—views that are rare in the growing CBD.

The development's location also offers easy access to nature, being less than 200 metres from the Parramatta River and Queen's Wharf Park.

[smartcode_project:default project_id=138590 project_image_fid=236112]

The two 45-level towers, which will home just over 600 apartments when completed in late 2027, have been designed by Turner Studio to hero the park views as much as possible, as well as views over the river and the Parramatta skyline to the west.

<a href="https://www.urban.com.au/architects/turner-studio">Turner Studio</a> won the design competition to take the architectural reigns. Their unique design includes a raised podium that links the two towers. The three-level podium, collectively named ‘Gully Forest,’ will feature a landscaped sanctuary adorned with lush greenery, alongside smaller breakout and seating spaces, a distinctive outdoor kitchen, and garden pavilions.

[smartcode_project:default project_id=138590 project_image_fid=236117]

The ground floor podium is strategically designed to provide extensive retail and hospitality frontages for commercial tenants, activating the entire precinct.

On the second level of the podium, an open-air community space will be home to barbecue facilities and smaller group gathering areas.&nbsp;Above will feature flexible workplace tenancies, as well as spaces designated for a fitness centre and medical practice.

[smartcode_project:default project_id=138590 project_image_fid=236119]

Deicorp's in-house building arm has commenced construction of Cosmopolitan. There are one, two and three-bedroom apartments. The two-bedroom, two-bathroom units with a car space start from just over $900,000.

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[smartcode_project_cta:default project_id=138590]

The development's location offers easy access to nature, being less than 200 metres from the Parramatta River and Queen's Wharf Park

Parkside living in Parramatta: Cosmopolitan by Deicorp to offer parkside apartments in Sydney's second CBD

Sydney-based residential developer, <a href="https://www.urban.com.au/developers/top-spring-australia">Top Spring Australia</a>, has launched its latest project, Halcyon in Bondi, under its new name as it rebrands as Eterno Property Group (Eterno).

The new brand identity marks the finalisation of the company’s transition into a fully Australian-owned and operated entity, managing all its projects independently with local governance – a process that commenced in late 2022 – but had been postponed while the company focused on delivering its portfolio of luxury Sydney projects.&nbsp;

While Eterno will leverage the experience and profile it’s gained under the Top Spring Australia banner since 2017, Eterno – which means ‘eternal’ and ‘everlasting’ – will now continue the company’s mission to create luxury spaces that inspire, connect, and most importantly, endure, with Halcyon being the first under the Eterno banner.

Delivered in partnership with <a href="https://www.urban.com.au/developers/dcn-group">DCN Capital</a>, the approved Halcyon includes an exclusive collection of eight luxury residences designed by <a href="https://www.urban.com.au/architects/mhn-design-union">MHNDU</a>, with interiors by <a href="https://www.urban.com.au/interior-designers/richards-stanisich">Richards Stanisich</a>&nbsp;on a generous 1,635 sqm site at 1-7 Andrews Avenue and 26 Glen Street in Bondi.

Spanning four levels, the project comprises expansive three-bedroom apartments, some with an additional multi-function room. The two ground-floor residences will each boast a private pool and terraced rear garden, while the penthouse will offer 180-degree ocean views.&nbsp;

Each residence is designed to leverage natural cross-ventilation, abundant light, and a connection to the outdoors, with apartments either orientated north – with generous balconies framing views of <a href="https://www.urban.com.au/developments/bondi-nsw-2026">Bondi</a>&nbsp;or south towards Tamarama and Bronte.

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MHNDU Principal, Liam Hancock, said residents will feel a very real connection to nature.&nbsp;

“From the lush gardens enveloping it and beyond to the nearby coast, residents will feel a sense of escapism from the city, in a place of tranquil luxury that offers peaceful sanctuary and respite, away from the hustle and bustle of Bondi’s Campbell Parade,” Hancock said.

“Halcyon’s wider-than-standard apartments will connect to the outside with solar access and natural ventilation from the ocean breezes. The bones of everything are much more connected to nature, including the materiality, which emphasises its connection to the beach."

<img alt="Top Spring" data-entity-type="file" data-entity-uuid="124ffa20-99ca-42c7-bd0b-26e34144f389" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-03-19%20at%2011.28.43%E2%80%AFAM.png?VersionId=xBwlbbFdRiQbneATqkvPD9yizvhHYpO9" />

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Residents will benefit from premium communal amenities unmatched in the area, including a 17-metre lap pool, a separate plunge pool, and a wellness cabana featuring a sauna, ice bath, steam room and changing facilities.

Crowning the building is the whole-floor, 300 sqm penthouse with three bedrooms and extensive ocean views from its abundance of balconies that wrap around three of the building’s sides.

&nbsp;

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Sydney Ma, Managing Director of Eterno, said the time was right to launch Halcyon under the Eterno name.

“As a company, we’ve operated in the Australian market for close to a decade, building a strong reputation for excellence in luxury residential real estate," Ma says.

"Our developments are synonymous with deeply considered design and construction excellence, having created hundreds of homes that exemplify these values,” Sydney explained.

“With our transition to Eterno, we’re excited to extend this legacy further, unveiling Halcyon as the next chapter in our design-led portfolio. This project embodies our vision of understated luxury, offering residents a rare sanctuary in the heart of Sydney's eastern suburbs.”

Sydney Ma, Managing Director of Eterno, said the time was right to launch Halcyon under the Eterno name.

Top Spring Australia rebrands as Eterno and unveils Halcyon in Bondi

Mixed-use developments are becoming an increasingly popular choice for downsizers. They offer the ultimate in convenience, with retail and lifestyle amenities like cafes and shops right on the doorstep.

Newer mixed-use developments are also incorporating extensive facilities like gyms and pools, making them even more attractive to downsizers who are looking for absolute convenience. In contrast, apartment blocks built before 2000— which make up the majority of apartments in Sydney’s Eastern Suburbs— lack both building amenities and nearby retail options.

<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/XGXIR2Dagks?si=WlkdnNtUPcZWjY-Y" title="YouTube video player" width="560"></iframe>

When Crown Group set out to design The Grand Residences Eastlakes, in the heart of Eastlakes, they knew they could create an offering tailored to downsizers. Part of the existing Eastlakes Shopping Centre was reinvented, while significant building facilities were added to offer a true lifestyle experience for those transitioning from larger family homes.

<a href="https://www.urban.com.au/buildings/the-grand-residences-eastlakes-16-evans-avenue-eastlakes">The Grand Residences</a> sits above The Grand Shopping Centre, which features Aldi, Woolworths Metro, Australia Post, plus a mix of specialty stores, providing immediate access to retail and dining options.

Within the building, private resident amenities include a 25-metre lap pool, gym, and manicured landscaped gardens. The rooftop terrace boasts panoramic views of Sydney, as well as barbecues, tables and chairs, a 65-inch TV and an outdoor lounge area, perfect for entertaining family and guests, including watching the new years eve fireworks.

[smartcode_project:default project_id=7652 project_image_fid=262600]

Completed in 2022, The Grand Residences has become a desirable location for downsizers and empty-nesters. There was a conscious effort to create functional apartments, so downsizers don’t have to compromise on quality.

The two-bedroom and three-bedroom apartments have proven popular with downsizers who are looking for security and a lock-up-and-leave lifestyle, wanting to travel during their retirement.

<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/lIoP_MoLzy8?si=NFjS-snovvmPobxV" title="YouTube video player" width="560"></iframe>

McGrath Projects Director Adam Sparkes says the opportunity to buy an apartment of this calibre in Eastlakes, and at an affordable price point, isn’t likely to come around again.

"Any future apartment development in Eastlakes will have to command higher prices due to the drastic increase in construction costs in recent years," Sparkes says.

"The Grand Residences really does represent great buying in the Eastern Suburbs."

[smartcode_project_cta:default project_id=7652]

McGrath Projects Director Adam Sparkes says the opportunity to buy an apartment of this calibre in Eastlakes, and at an affordable price point, isn’t likely to come around again

The ultimate downsizer opportunity in the Eastern Suburbs

Above Zero and joint venture partner Wilbow Group are set to launch Glyndon, 13 architecturally designed homes in Camberwell.

Designed by&nbsp;Cera Stribley with interiors by Lauren Tarrant, <a href="https://www.urban.com.au/new-townhouses/glyndon-64-66-glyndon-road-camberwell">Glyndon</a> has been over three years in the making.&nbsp;Rooted in the area’s rich architectural heritage,&nbsp;Glyndon reinterprets Federation-era elegance through a contemporary lens.

Classic European influences merge with modern principles to create timeless yet low-maintenance homes that prioritise both form and function.

<img alt="Glyndon, Camberwell by Above Zero" data-entity-type="file" data-entity-uuid="d54b95da-9e37-4e0c-baed-fe46b830d3ac" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/479182476_18302552782228011_4150542386063696785_n.jpg?VersionId=ZfJzUwIpLPZilu2JsxtJrzoM3ovM2kND" />

Nestled on a quiet and prestigious tree-lined street, Glyndon enjoys a sought-after position within walking proximity to Fordham Village, with boutique shopping, dining, and leafy parklands just a short walk away. Families and downsizers are likely to show the most interest given how close some of Melbourne’s leading private and public schools are.

Glyndon marks Lauren Tarrant’s debut in multi-residential design. The interiors were inspired by classic Parisian residences and will feature intricate stonework, bespoke flooring patterns, and an elevated material palette.

AJ Batra, Managing Director of Above Zero, says Glyndon is designed for living, and a sequal to their&nbsp;Rondure House project.

"We’ve drawn on Camberwell’s architectural heritage to create homes that seamlessly blend modern elegance with timeless Federation-era influences, all elevated by interiors inspired by classic French design," Batra says.

"These residences redefine multi-residential living, delivering a level of detail and materiality that hasn’t been seen before in this space. Glyndon is a home for those who appreciate design, craftsmanship, and enduring quality.”&nbsp;

Each home offers a private, flexible retreat in the secure basement. The&nbsp;customisable area allows residents to create a private health and wellness sanctuary, complete with a sauna and plunge bath, or a multi-dimensional family retreat with a wine bar and cinema.

<img alt="Glyndon" data-entity-type="file" data-entity-uuid="8f48c351-27f8-4918-9e53-993673ddea4d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-03-18%20at%202.53.02%E2%80%AFPM.png?VersionId=T6KVqv8.2l.DxNVTXlXuQgd1FrhE9sVK" />

Designed with longevity and sustainability in mind, Glyndon maximises natural light and achieves a 7.5-star energy rating for an effortlessly efficient home.&nbsp;

“Designed for living, built for life—Glyndon encapsulates our commitment to crafting homes that are not only architecturally striking but also enduring and secure," Batra added.

"These are residences designed to evolve with our residents, offering a foundation for a beautifully considered lifestyle."

Priced from $2.4 million, Glyndon officially launches in May 2025. Construction is set to begin in Q3 2025.&nbsp;

Jellis Craig Projects Director Stephen Bowtell is selling Glyndon.

[smartcode_project_cta:default project_id=146719]

Above Zero to launch Glyndon in Camberwell

Well into construction of the first two stages of its net-zero masterplan, property developer Sunkin has revealed the most premium apartments in their <a href="https://www.urban.com.au/new-apartments/highett-common-37-graham-road-highett-vic-3190">Highett Common</a> community.

They've started selling the Luxury Collection, just 12 residences which are a step up in quality and design from what has been offered in the new precinct before. Think Gaggenau appliances, natural stone benchtops and significant outdoor spaces.

[smartcode_project:default project_id=108019 project_image_fid=300054]

Each residence in the Luxury Collection includes three bedrooms and a variety of layouts. The collection is designed to cater to different preferences, from penthouse-style apartments with wraparound terraces and Bayside views to townhouse-style homes with direct access to landscaped grounds and kids' playgrounds.

Sunkin is offering a range of incentives for those purchasing in the Luxury Collection, including an impressive $12,000 voucher for furniture from interior design experts Coco Republic, as well as a free styling consultation.

Coco Republic has infused the design with a Hamptons-inspired aesthetic, characterized by a neutral color palette, natural stone, and herringbone timber flooring throughout the living spaces.

The marble kitchens, featuring integrated Gaggenau appliances, are anchored by a waterfall island wrapped in natural stone, under feature pendant lighting.

[smartcode_project:default project_id=108019 project_image_fid=331189]

Each residence in the Luxury Collection is also equipped with an ABB Home Automation package integrated with the Highett Common Connect app for seamless control over lighting, climate, and music.

Prospective buyers can secure one of the best apartments in Highett Common with just a five per cent deposit. Apartments start from $1.25 million, meaning a deposit of $62,500 is required upon unconditional sale, with the apartments set for completion later this year.

The Luxury Collection is part of the first stage of Highett Common, set to be Victoria’s first medium-density, net-zero targeted community. Located on a 9.3-hectare site in the heart of Highett, the development is ideally positioned to benefit from the vibrant bar and restaurant scene on Highett Road. Future residents will also be close to Sandringham Beach, Highett Shopping Centre, and Highett Train Station. Three hectares of the large site will be kept as a conservation area, and another one hectare will be dedicated to parkland.

[smartcode_project:default project_id=108019 project_image_fid=331186]

SK Construction recently topped out the first two buildings late last year. They are now starting to work through the fitout of the apartments, meaning those interested in securing a Luxury Collection apartment can see the apartment as an empty shell.

Buyers in the first stage are expected to move into their apartments around November. The surrounding park and playground will also be finished as part of the first stage, as will the new Bayside Community Facility which will home a two-level public library, study areas, rooms for community classes and meetings, and an adjacent café.&nbsp;

Further amenity, like the indoor lap pool, wellness centre with a gym, and a bookable private dining room, will complete as part of the next stage next year.

[smartcode_project_cta:default project_id=108019]

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