Sunshine Coast developer&nbsp;Habitat Development Group is set to break ground on its latest Sunshine Coast project, The Millwell.

Habitat will officially turn the first sod at the start of July at the Millwell Road East site, adjacent to the Sunshine Plaza and fronting the Cornmeal Creek.

<a href="https://www.urban.com.au/new-apartments/the-millwell-2-millwell-road-east-maroochydore">The Millwell</a> continues Habitat’s strong momentum in Maroochydore, where the Brisbane-based developer has already delivered Market Lane Residences and The Corso Collection.

The $243 million project will deliver 205 apartments across two eight-level towers, designed by long-time Habitat collaborator <a href="https://www.urban.com.au/architects/k-architecture">K Architecture</a>.&nbsp;

&nbsp;

A mix of two-, three-, and four-bedroom residences, including four premium penthouses, will be complemented by 361 sqm of ground-floor commercial and retail space.

Sunshine Coast Mayor Rosanna Natoli will join Habitat Managing Director Cleighton Clark to officiate the ceremony, marking a symbolic moment for both the developer and the region.&nbsp;

Clark said The Millwell has been designed to meet this sustained demand with larger format apartments and elevated amenities.

The Millwell will offer a suite of high-end amenities for residents, headlined by the Sunshine Coast’s first 25-metre rooftop infinity-edge pool.&nbsp;

The rooftop terrace, complete with subtropical landscaping and sweeping 360-degree views, will also feature an independently operated spa and wellness centre, private dining rooms, a rooftop bar, and a fully equipped outdoor kitchen and communal areas designed to foster a vibrant community.

Views will span across the Maroochydore River and Mount Coolum to the north, Mount Buderim and Point Cartwright to the south, and the beaches and hinterland of the wider Sunshine Coast region.

The project comes at a time when the Sunshine Coast rental market continues to tighten, with historically low vacancy rates driving interest from both investors and owner-occupiers.&nbsp;

[smartcode_project_cta:default project_id=113043]

The $243 million project will deliver 205 apartments across two eight-level towers, designed by long-time Habitat collaborator K Architecture

Joel Robinson

Habitat to break ground on The Millwell in Maroochydore

Renowned developer Sekisui House Australia has launched its newest apartment project, the company’s first development in Sydney’s prestigious Lower North Shore region.

The new development, <a href="https://www.urban.com.au/buildings/waterstone-st-leonards-24-berry-road-st-leonards-nsw-2065">Waterstone</a>, on the fringe of Newlands Park in the sought-after St Leonards South precinct, comprises 207 apartments designed to look south back to the Sydney CBD.

[smartcode_project:default project_id=134191 project_image_fid=230]

The striking landscape-laden building was originally designed by&nbsp;globally renowned Koichi Takada Architects, with equally regarded architect&nbsp;<a href="https://www.urban.com.au/architects/turner-studio">TURNER</a>&nbsp;coming in to handle the interiors and deliver the designs following Sekisui's acquisition of the prime Berry Road site.

One of the biggest focuses for the design was for Waterstone to integrate&nbsp;with the surrounding landscape, with nearly 30 per cent of the site dedeicated to communal open space.

Waterstone will feature a north-south green spine and landscape design by <a href="https://www.urban.com.au/landscape-architect/aspect-studios">ASPECT Studios</a>, creating a strong connection to the Lane Cove Council’s St Leonards South masterplan and neighbouring pocket parks, trails, and bushland reserves.

[smartcode_project:default project_id=134191 project_image_fid=234]

Peter Valleau, Project Director, Apartment &amp; Mixed-Use Developments at&nbsp;<a href="https://www.urban.com.au/developers/sekisui-house-australia">Sekisui House Australia</a>, said&nbsp;Waterstone represents an important strategic play for the developer.

"As our first Lower North Shore project, it showcases a commitment to delivering human-centric, environmentally responsive communities in one of Sydney’s most desirable blue-chip suburbs,” Valleau said.

“This project is guided by our global Japanese design philosophy of Satoyama, where harmony between the built environment and nature enhances quality of life. Waterstone is a carefully considered community where residents will enjoy the benefits of a sustainable lifestyle without compromising on luxury or urban convenience.”

[smartcode_project:default project_id=134191 project_image_fid=230]

Waterstone extends across five buildings ranging from four to nine levels and comprises 45 one-bedroom apartments, 111 two-bedroom apartments, 49 three-bedroom apartments, and two four-bedroom apartments.

Miguel Serrao, Associate at ASPECT Studios, said their vision for Waterstone was to create a living, breathing landscape that mirrors the local ecology from woodland ridgelines to the shaded escarpment below.

"We have designed a series of outdoor spaces that foster both privacy and community using native planting, sensory gardens and sustainable water management to support wellbeing, biodiversity and daily connection to nature.

“Residents will experience a sense of calm and retreat the moment they step outside their door. From quiet corners and garden courtyards to open lawns and playful spaces for children, every element has been curated to encourage relaxation, interaction and a deeper relationship with the surrounding environment.”

[smartcode_project:default project_id=134191 project_image_fid=231]

Turner led the interior design of Waterstone, with a focus on creating space that are&nbsp;timeless yet contemporary, modern yet relaxed, and blend seamlessly with the project’s park setting. &nbsp;

“Each apartment is individually crafted to feel like a home, incorporating tactile, natural materials, bespoke joinery, light-filled living spaces and framed window views,” said Darren Paul, Interiors at TURNER.&nbsp;

“Our approach focused on balancing elegance with everyday functionality. The colour schemes are warm and neutral, anchored by timeless natural stone and enhanced by optional upgrades such as feature lighting and fluted glass cupboards.”

[smartcode_project:default project_id=134191 project_image_fid=221]

The first release is now selling and includes Aella and Zenith buildings offering a mix of spacious one, two and three-bedroom apartments, many with multipurpose rooms and flexible layouts tailored for downsizers, families and owner-occupiers.

Designed for comfort and liveability, the oversized residences feature generous layouts, flush indoor-outdoor transitions and sustainability-led inclusions such as a double-glazed façade system and solar panels on all buildings. Interiors are available in customisable palettes with premium finishes.

[smartcode_project:default project_id=134191 project_image_fid=231]

Residents will enjoy exclusive access to a wide range of amenities integrated along the green spine, including a heated outdoor pool and spa, poolside pavilion with fireplace and dining terrace, gym, infrared sauna, co-working lounge, resident workshop, and wild play areas for children.

Located a short walk from Wollstonecraft and <a href="https://www.urban.com.au/developments/st-leonards-nsw-2065">St Leonards</a> train stations, as well as easy access to the new Crows Nest Metro, Royal North Shore Hospital, Mall 88 shopping precinct and Smoothey Park, Waterstone is ideally positioned to take advantage of the Lower North Shore’s leafy character and exceptional amenity. Just three kilometres from Sydney Harbour, it sits within a well-connected precinct.

Construction is expected to commence late in 2025, with completion targeted for the end of 2027.

Sekisui House Australia is a 4 Gold Star iCIRT rated developer and has a strong track record of delivering billions of dollars worth of apartments across both New South Wales and Queensland.

[smartcode_project_cta:default project_id=134191]

Peter Valleau, Project Director, Apartment & Mixed-Use Developments at Sekisui House Australia, said Waterstone represents an important strategic play for the developer

Sekisui House Australia launches Waterstone in emerging St Leonards South precinct

ASX-listed developer&nbsp;<a href="https://www.urban.com.au/developers/cedar-woods">Cedar Woods</a>&nbsp;has acquired a development site in&nbsp;Fairfield, Victoria, as part of the company's more assertive acquisition strategy.

The 11,600 sqm site is uniquely positioned between the Yarra River and Merri Creek parklands, has over 200m of direct frontage to Fairfield Park, and is located only 4.2km from the Melbourne CBD, with the elevated site boasting uninterrupted views of the city skyline.

The site, which is zoned for the intended residential use, will be developed into a mid-rise, multi-stage apartment project, yielding approximately 300 dwellings that will command premium pricing due to the sought-after location.

The site was acquired from a private vendor for $50m on deferred payment terms, with payments to be made in 2027 and 2028.

Sales for the project are expected to be launched in FY27, and with first stage settlements expected in FY29 or earlier, subject to approvals and market conditions.

According to research house, Charter Keck Cramer, Melbourne is projected to have a chronic shortfall in apartments of around 23,500 in coming years with apartment commencements at their lowest level in over 15 years. The total number of approved homes fell by 5.7% in April to 14,633, according to data just released by the ABS.

Cedar Woods’ Managing Director, Nathan Blackburne, said the acquisition will augment the Company’s current Victorian portfolio and provide quality apartments in a market where a significant undersupply is forecast.

“We see Melbourne as an opportunity for counter-cyclic acquisitions of quality sites and are preparing for increased homebuyer demand as purchasers respond to lower interest rates and supportive government policies,"&nbsp;Blackburne said.

“Cedar Woods will craft a premium design for the site to make the most of its unique park-front location and uninterrupted views of the CBD and local area.”

Builder availability in Victoria is superior to other states and extensive work has been undertaken to determine expected construction costs, with multiple builders capable of delivering such a project at competitive prices. Risks will be mitigated through presales, further builder due diligence, and contract structure.

“With our strong balance sheet, and favourable macro conditions, Cedar Woods is continuing its strategy of diversification – by product type, price point, and location – and strengthening our portfolio with quality sites that we can deploy into an undersupplied market”, Blackburne added.

The acquisition comes after the recent announcement of the acquisition of a South Australian site at which the company is planning a premium masterplanned community.

Sales for the project are expected to be launched in FY27, and with first stage settlements expected in FY29 or earlier, subject to approvals and market conditions.

Cedar Woods acquires Fairfield site for new residential development

There aren’t many luxury penthouses in Fitzroy, fewer still that offer unobstructed views, two separate living zones, and over 300 sqm of living space. Especially in a Melbourne suburb better known for terrace houses and converted warehouses than for vertical-scale opulence.

But well-known local developer <a href="https://www.urban.com.au/developers/sma-projects">SMA Projects</a> has reserved the entire top floor of its newest apartment development,&nbsp;<a href="https://www.urban.com.au/new-apartments/the-regent-fitzroy-340-fitzroy-street-fitzroy-vic-3065">The Regent Fitzroy</a>, for two apartments, but one very distinct penthouse that will stand unrivalled in the popular inner-city suburb.

[smartcode_project:default project_id=24824 project_image_fid=304614]

The penthouse, with its immense north-facing view, is the largest in the block. The four-bedroom residence has been cleverly designed by Hayball Architects to include two separate living areas, accommodating a variety of household needs, from young families wanting a second space for children, to those approaching the empty-nester stage, with adult children studying at university.

At the heart of the home is a central kitchen, designed and realised by the renowned interiors team at Studio Tate. It is anchored by a full-length island bench with an overhang intended for casual dining and entertaining. It also includes a full butler’s pantry, an inclusion more typically found in high-end houses than in city apartments.&nbsp;

This open-plan space, which incorporates the main living area and a dedicated dining zone, is framed by a wraparound terrace that is deep and long enough to accommodate multiple lounge areas, a dedicated outdoor kitchen, and an alfresco dining space.

[smartcode_project:default project_id=24824 project_image_fid=304613]

The master suite features a walk-through wardrobe, a double vanity, a freestanding bath, and a shower, and it opens directly onto the terrace. Easily the showstopper at this old Fitzroy theatre site of its original namesake. Each of the three additional bedrooms also includes their own en-suite with showers.

To preserve the functionality of the main living areas, Studio Tate has demonstrated refined design thinking to incorporate a separate study, featuring a long, integrated desk ideal for multiple work-from-home setups, tucked privately away from the main living zones. Meanwhile, the laundry, often squeezed into a butler’s pantry in more typical compact designs you’d find throughout Fitzroy, has been given its own fully dedicated room.

[smartcode_project:default project_id=24824 project_image_fid=304603]

The Regent occupies the former site of the old Regent Theatre, which was demolished in the early 1980s. In response to this storied inner Melbourne history, SMA Projects, Hayball Architects and Studio Tate have drawn subtle references from the site’s cinematic past through materiality and form.

The Regent's design includes curved motifs, tactile surfaces, and dual interior palettes which were inspired by the glamour and texture of the classic cinema architecture of the original building.

While both top-floor apartments benefit from the development’s broader architectural language, the penthouse asserts a distinct presence through its positioning, size, and north-facing outlook.

The Regent presents a considered selection of luxurious, hotel-inspired amenities—including concierge service, a private guest suite, resident workshop, dog wash station, and curated ground-floor retail—designed to offer comfort, convenience, and a lifestyle defined by distinction.

[smartcode_project:default project_id=24824 project_image_fid=304615]

Importantly, all apartments in the building offer on-title car parking with no stackers or car lifts, a practical point of difference that will appeal to owner-occupiers.

Positioned in one of Fitzroy’s quieter pockets, The Regent is still within walking distance to Brunswick Street, Smith Street, and Carlton Gardens.

Tram connections also place the city within eight minutes of the CBD, while surrounding dining, cultural and retail amenities remain a drawcard for local and interstate buyers alike.

The Regent will comprise 64 one, two, and three-bedroom apartments, with two-bedroom, two-bathroom residences starting from $699,000 and the penthouse selling at $8,500,000.

Currently, off the plan apartment buyers in Victoria can purchase with no stamp duty for a limited time only.

[smartcode_project_cta:default project_id=24824]

SMA Projects unveils its luxury penthouse crowning The Regent Fitzroy

Builder-developer 5Point has received an unprecedented uplift at its under-construction luxury new Palm Beach apartment development, Ophira Palm Beach.

The significant planning approval allows 5Point to increase the building height and add another two full-floor apartments to the exclusive development on the Jefferson Lane beachfront, enhancing what was already one of the most anticipated absolute beachfront apartment offerings on the southern Gold Coast with sales prices averaging in excess of $7 million.

When first launched last year, five of the then-eight apartments were snapped up within just a few months, by local downsizers.

Only one of the full-floor apartments remains for sale, with the two-level penthouse currently under negotiation.

<img alt="web living" data-entity-type="file" data-entity-uuid="abc1eef9-cde1-4b56-af4d-b3e43403ab60" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/WEB_type_b_living___dining_ophira_option_1_3D_render_by_VV.jpg?VersionId=WHQyVek5KPIeBIyCyJ1oD51ovuSM_mKR" />

5Point Projects Managing Director Damian Dove said the uplift was a major milestone for Ophira and 5Point, demonstrating that when the Gold Coast City Council’s strategic planning guidelines have been met, there is an acceptance for this type of development along the coastline.

“We had gone for low density, low occupancy in the original scheme,” Dove says, adding that it was their plan to go for the uplift to 12 levels.

“We were confident that if the building was designed for the downsizer in the luxury market space we would be able to meet city plan’s framework objective.”

Dove believes the approval will sit as a benchmark for what the local council and community will accept for future development along the beach.

“I am hopeful that Palm Beach will benefit as a result whereby great design and planning will continue to enhance the beachfront landscape.”

<img alt="Ophira" data-entity-type="file" data-entity-uuid="b135701f-aa1e-467d-a666-f5ec112f8010" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-06-18%20at%203.06.03%E2%80%AFPM.png?VersionId=QtvRNlHySLdvGnnV0Y8hhbi91gU8zvWW" />

Each full-floor residence will offer between 294 sqm to 322 sqm of internal and external living space, including balconies with uninterrupted ocean views. They will have three ensuited bedrooms, display wine storage, and a scullery off the kitchen.

Ophira’s two-level penthouse will deliver 516 sqm of internal and external living space, comprising four bedrooms, four-and-a-half bathrooms, and its own private lift, bar and outdoor entertainment area featuring a pool, sauna, and sundeck.

Dove says the strong sales received to date is a testament to the design by BDA, the clever configurations of the floorplans to hero the beachfront setting, and the timeless luxury architectural fixtures and finishes.

“As with each of our projects, we wanted to create something that differentiated itself from the market," Dove said.

“We are passionate about creating spaces that resonate with the unique essence of Palm Beach while meeting the evolving needs of modern living."

<img alt="Superman" data-entity-type="file" data-entity-uuid="519e4360-f8a1-420d-a776-fd9e5293b617" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/WEB_superman_ophira_3D_render_by_VV.jpg?VersionId=9Www51ROXAiqgI.oDQuELXRjdko6AtmP" />

Since bringing development in-house to their already well-established construction business, 5Point has a proven capability and success. They have over $160 million of apartments under contract on Jefferson Lane alone.

Their second Jefferson Lane development, Palm Shores, just 400 metres up the road from Ophira, sold eight of its 16 residences in just four weeks. Now 12 have sold, leaving just four remaining, including a unique four-bedroom two-level beach home that offers direct beach access.

[smartcode_project_cta:default project_id=138441]

5Point Projects Managing Director Damian Dove believes the approval will sit as a benchmark for what the local council and community will accept for future development along the beach.

5Point’s Ophira uplift puts Palm Beach beachfront centre stage

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?

Award-winning Canberra builder-developer <a href="https://www.urban.com.au/developers/jwland-development">JWLand</a> is nearing completion of De Burgh, the third and final residential stage of its thriving Lyneham masterplan, Northbourne Village.

The apartments at <a href="https://www.urban.com.au/new-apartments/de-burgh-at-northbourne-village-40-de-burgh-street-lyneham">De Burgh</a> will be among the newest residences available in Canberra when construction finishes later this year. With construction fast approaching, for a limited time, JWLand is offering prospective buyers the opportunity to secure an apartment for just $5,000, with the rest due on settlement.

[smartcode_project:default project_id=139989 project_image_fid=212887]

The burgeoning developer has catered to a wide range of buyers at De Burgh, offering every apartment configuration imaginable—from smartly designed studios to spacious dual-level, loft-style apartments.

The two nine-level buildings that make up De Burgh were designed to complement the already completed and sold-out buildings within the Northbourne Village precinct. The buildings rise to nine levels but step down to six toward De Burgh Street, allowing upper-level residences to enjoy larger balconies and sweeping views over Sullivans Creek.

[smartcode_project:default project_id=139989 project_image_fid=212888]

Each apartment is designed to maximise natural light while minimising overlooking. Living areas extend to generous outdoor spaces, with upper-level residences featuring terraces or balconies, and ground-level apartments offering private courtyards.

While Northbourne Village already delivers convenience and amenity on the doorstep — including several cafes, restaurants, and the light rail all within walking distance — De Burgh will offer residents exclusive facilities spread across the two buildings. These include a rooftop garden with barbecue facilities, a fully equipped gym, a residents’ lounge, and a parcel locker service.

[smartcode_project:default project_id=139989 project_image_fid=218009]

In a move to enhance everyday living, JWLand has placed a strong focus on resident lifestyle. There will be a smartphone app that will allow residents to control lighting and air conditioning remotely as standard.

JWLand’s in-house construction team is forecasting completion in Q3 2025, with all residents expected to move in well before Christmas.

[smartcode_project_cta:default project_id=139989]

JWLand’s in-house construction team is forecasting completion in Q3 2025, with all residents expected to move in well before Christmas

JWLand approaches completion of De Burgh, Northbourne Village apartments

Off the plan buyers in the ACT are set to save even more on stamp duty following another government amendment to the threshold.

From November 27, the stamp duty threshold will move to $800,000, from $700,000.

The government estimates that on an $800,000 purchase, buyers could save nearly $23,000 in stamp duty. It's only for the owner-occupier, so to be eligible for the stamp duty waiver, at least one buyer must live in the home continuously for 12 months within a year of settlement.

The raise is part of the government's strategic plan to phase out stamp duty in the territory, replacing it with higher general rates.

[smartcode_project:default project_id=139989 project_image_fid=212887]

&nbsp;

With Canberra currently holding the position as the nation's third-most expensive unit market with a median price of $567,059, the adjustment is a timely measure to enhance affordability for potential home buyers—especially for those looking to transition to higher-density living options like apartments and townhouses.

Property Council ACT executive director Shane Martin welcomes the move, describing stamp duty as an "inefficient tax" that hinders home purchases and discourages downsizing. The expectation is that removing this barrier will motivate older Canberrans to put their existing homes on the market, thereby increasing the housing supply and freeing up stand-alone properties for growing families.

However, concerns are also raised about the need for more land release. Experts argue that apartments and detached homes require additional land supply to meet the growing demand. The Property Council suggests exploring the sale of smaller blocks, offering a potentially more affordable entry point for developers and buyers alike.

[smartcode_project:default project_id=139989 project_image_fid=218009]

The ACT's stamp duty concession stands out compared to similar schemes in other Australian states. In Victoria, first-home buyers are exempt from stamp duty for properties valued at $750,000 or less. In New South Wales, buyers have a generous 15-month window to pay the levy on off-the-plan purchases. Meanwhile, Western Australian buyers can secure a stamp duty exemption for off-the-plan deals valued at $650,000 or under until June 2025.

This adjustment is poised to shape buyer behaviour and preferences in the Canberra real estate market. As the city continues to evolve, the government's proactive measures aim to create a more accessible and appealing property market for a diverse range of home buyers.

The government estimates that on an $800,000 purchase, buyers could save nearly $23,000 in stamp duty



Stamp duty threshold for off the plan buyers in Canberra jumps

De Burgh at Northbourne Village,&nbsp;the latest property from renowned developer JWLand Development, takes up a prime spot within the Canberra suburb Lyneham, home to a mix of heritage and modern homes with tree-lined streets and beautiful gardens.&nbsp;

De Burgh, a mid-rise development of 351 apartments designed by contemporary architectural practice Cox Architecture, enjoys a central position in the Northbourne Village along Northbourne Avenue.

[smartcode_project:default project_id=139989 project_image_fid=212914]

De Burgh's prime location places residents within easy access to the centre of Canberra, a three kilometres commute - making it a perfect spot for both families and young professionals. The nearby light rail station connects locals to the heart of Canberra's public transport network.

For young families, several educational institutions are accessible within a 1.5-kilometre radius. The area is home to Lyneham Primary School and Lyneham High School, ensuring a convenient and easily accessible education for young residents.&nbsp;

[smartcode_project:default project_id=139989 project_image_fid=212888]

For outdoor enthusiasts, Lyneham is a haven with its great outdoors, offering residents ample opportunities to reconnect with nature right at their doorstep.&nbsp;

A nearby micro-forest, garden, playground and the picturesque Lyneham Wetlands Park provide the perfect backdrop for family outings and strolls. Lake Burley Griffin and several nature preserves, botanical gardens and other parks on nearby suburbs are less than a 20-minute drive from the property.

Lyneham and its neighbouring suburb, Dickson's, also offers a vibrant food and shopping scene. Local cafes and diverse restaurants surrounding the area provide a rich tapestry of cuisines, ensuring that there is always something new to try every evening.

[smartcode_project:default project_id=139989 project_image_fid=218009]

Residents can also look forward to enjoying many festivals held in the Exhibition Park in Canberra (EPIC), including the Royal Canberra Show, the National Folk Festival and Summernats.

As the development takes shape, it's poised to become the most sought-after address for families and professionals who want to experience the perfect fusion of urban convenience and serene surroundings within arm's reach of Canberra's bustling core.

[smartcode_project_cta:default project_id=139989]

For outdoor enthusiasts, Lyneham is a haven with its great outdoors, offering residents ample opportunities to reconnect with nature right at their doorstep

De Burgh's prime position offers city and nature at its doorstep

Developer Molonglo Group has filed plans for a new neighbourhood in Canberra's Fyshwick.

Molonglo, who have previously developed Melbourne's mixed-use building&nbsp;Walk Up Village and developments in Athens, Greece, have filed plans for&nbsp;11 low-rise apartment buildings across four hectares of industrial land&nbsp;between Dairy Road &amp; Monaro Highway.

Much of the residential neighbourhood site is part of the previously undeveloped portion of Dairy Road. It contains a large area of uncontrolled fill material excavated from Capital Hill, which was brought onto the site by the Commonwealth during the construction of Parliament House in the 1980s.

The development, which will be across five stages, has been designed by the London-based architectural studio&nbsp;David Chipperfield Architects.

<img alt="Fyshwick" data-entity-type="file" data-entity-uuid="59b3136d-ca40-40e3-b567-f9409140c860" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-07-18%20at%2010.30.46%20am.png?VersionId=.aaTSJkzE_RTC5jLYnLK1E3GWq2wjplZ" />

The portion of the Dairy Road estate is identified under the Fyshwick Precinct Code as the dedicated portion of the estate where residential use is permitted.

A Pre-DA Public Consultation Report prepared earlier this year by Mongol suggested the residential neighbourhood will deliver intimate clusters of medium density housing that value outdoor and indoor life, and the built and unbuilt equally. It said the buildings will address the sites position near the Jerrabomberra Wetlands.

"Water will be an integral element of the neighbourhood and all buildings will be conceived as structures that give way to and support plant life," the report read.

<img alt="Dairy Road" data-entity-type="file" data-entity-uuid="33f56fb0-14a5-49a7-bf50-5def9d19c812" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-07-18%20at%2010.28.20%20am.png?VersionId=Xdgp5O33YJXsxkCYR_YNY.ybqbcsI.TM" />

It said the mix of apartments and terraced houses are designed&nbsp;for flexibility, allowing adaptation by the residents according to their needs and lifestyles.

There will be just under 400 apartments, a mix of 228 one-bedrooms, 67 one-bedroom plus study units, 53 two-beds, and 40 three-bedroom apartments.

As well as the apartments, on offer will be 10 four-bedroom and 10 five-bedroom townhouses.

10 per cent of the project will be dedicated to affordable housing, while car parking for 489 vehicles and 535 bicycles will be created, as well as&nbsp;new public and private open spaces including gardens, parks, and community facilities.&nbsp;Jane Irwin Landscape Architects is handling the landscaping.

"Architecture forms a framework for ecology whereby the spaces between buildings become equally as important as surrounding buildings," the report added.

"Buildings are arranged in pairs around generous courtyard gardens, with a central landscape space along the site’s east-west axis that changes from open grassland where it meets the wetland to woodland towards the east. Woven into this gradient of landscapes will be areas for gathering, reflection and play. A swale collects, filters and directs rainwater towards an ecological pool that will slowly release water into the wetland."

Monogolo's aim is for the project is to create a neighbourhood "where light industry, working, living, recreation and entertainment will co-exist in a natural setting."

&nbsp;

The development, which will be across five stages, has been designed by the London-based architectural studio David Chipperfield Architects

Molonglo Group plan Dairy Road neighbourhood in Canberra's Fyshwick

The new financial year has brought changes to the <a href="https://www.urban.com.au/developments/canberra-act">Australian Capital Territory's</a> off the plan stamp duty concessions.

Now any buyer of an apartment or townhouse valued at or below $700,000 doesn't have to pay stamp duty. That's a rise from the previous $600,000 cap.

It's a significant jump which sees 90 per cent of the stock being developed by Geocon, one of the territory's most renowned developers, now qualifying for the full exemption.

[smartcode_project:default project_id=7947 project_image_fid=186442]

Two of Geocon Group's prominent projects, WOVA in <a href="/developments/phillip-act-2606">Phillip</a> and Black Diamond in <a href="/developments/fyshwick-act-2609">Fyshwick</a>, are currently on the market. WOVA, situated within the vibrant redevelopment of the old Woden Town Centre, has already achieved strong sales success, with over 90 percent of its units sold.

The completion of this project is scheduled for early 2024, making it an appealing choice for homebuyers seeking a modern and well-located residence.

WOVA offers a limited number of one, two, and three-bedroom apartments. Prices start from an affordable $436,900 for a one-bedroom apartment and $610,900 for a two-bedroom unit.

[smartcode_project:default project_id=7947 project_image_fid=186449]

The development, designed by the award-winning architecture firm Fender Katsalidis in collaboration with Oculus Urban Design, features four distinctive residential towers.

The ground floor of the building will house retail tenancies, including eateries, cafes, boutique retail outlets, and convenience stores. For residents' recreational needs, there will be a lap pool, fitness studio, gym, and even a private cinema for entertainment purposes.

[smartcode_project:default project_id=107705 project_image_fid=175002]

Black Diamond, is the final release of Aspen Village, a joint venture between Geocon and Empire Global.

Inspired by the picturesque ski villages of Aspen, Black Diamond and Aspen Village aim to provide a luxurious and amenity-rich living experience.&nbsp;

The crown jewel of Aspen Village is The Summit, a 2,200 sqm rooftop entertaining space that boasts an indoor-outdoor bar, a heated infinity-edge pool, bookable private lounge areas, barbecue and dining facilities, fire pits, and a lawn area.&nbsp;

[smartcode_project:default project_id=107705 project_image_fid=175003]

The Alpine Bathhouse, covering 100 sqm, offers resort-style amenities, including three private indoor/outdoor spa rooms and a 12-person sauna with a stunning view overlooking Lake Tuggeranong.

Prospective buyers looking to secure a unit in Black Diamond will have to act quickly, as there is only a limited supply of one and two-bedroom apartments remaining. Prices start at an attractive $409,000 for a one-bedroom residence and range from $414,000 to $484,000 for a two-bedroom unit.

Any buyer of an apartment or townhouse valued at or below $700,000 doesn't have to pay stamp duty, up from the old $600,000 cap

New stamp duty concessions for ACT to benefit off the plan property buyers

De Burgh, along with its neighbouring buildings The Sullivan and Embark, is part of Northbourne Avenue's transformation into a vibrant boulevard in Canberra.

Part of JWLand’s focus for De Burgh was creating a sustainable and environmentally-friendly collection of residences at Northbourne Village.

De Burgh's focus on light and air is evident in the apartment layouts that prioritise natural sunlight.

[smartcode_project:default project_id=139989 project_image_fid=212911]

The building comprises two structures, separated by a landscaped throughway that encourages pedestrian movement and maximises natural light to all apartments.

Passive solar design principles have been employed to optimise heat storage in winter and reduce heat transfer in summer, thereby reducing energy use. High efficiency reverse-cycle air conditioning, double-glazed windows, and appliances with high energy-star ratings are further initiatives to help keep energy bills under control.

Technology was another focus in the design of De Burgh. An App-controlled lighting and air conditioning system installed as standard allows residents to control their homes from their phones.

[smartcode_project:default project_id=139989 project_image_fid=212887]

This feature allows residents to turn everything on and off remotely, making their homes brighter and more comfortable upon their arrival. The Smart Lock™ system (an optional upgrade) also lets residents unlock their doors with their phones, giving them control over who has digital keys to their homes and when they can use them.

The apartments also feature Fisher &amp; Paykel appliances, including an induction cooktop, wall oven, multi-function dishwasher, and ducted range hood.

Honouring the heritage of the suburb with its name, De Burgh features a nine-storey frontage to Northbourne Avenue before stepping down to six-storeys on its namesake street, with the building’s landscaped public spaces enhancing its contemporary built form.&nbsp;

[smartcode_project:default project_id=139989 project_image_fid=212906]

The development features a mix of floorplans, including studio, one-bedroom, two-bedroom and three-bedroom apartments. There’s also a collection of two and three-bedroom, dual-level loft-style apartments.

Construction is due to commence in July this year, with completion slated for mid 2025.&nbsp;

[smartcode_project_cta:default project_id=139989]

Passive solar design principles have been employed to optimise heat storage in winter and reduce heat transfer in summer, thereby reducing energy use

Sustainability a focus at Northbourne Village's De Burgh apartments in Canberra

Canberra developer Geocon has sold 90 per cent of WOVA, it's latest residential development in the heart of Woden in Phillip.

With only limited options remaining for one, two and three-bedroom apartments, interested buyers can experience the brand new display suite which is now open for viewing.&nbsp;

Situated within the multi-billion-dollar regeneration of the old Woden Town Centre, WOVA enjoys a prime location that strikes the perfect balance between urban convenience and serene living.

&nbsp;

[smartcode_project:default project_id=7947 project_image_fid=186452]

WOVA, which is slated for completion next year, has been designed by architecture firm Fender Katsalidis in collaboration with Oculus Urban Design, the duo bringing to life four distinct residential towers.

The development not only caters to residential needs but also features retail tenancies on the ground floor which will house eateries, cafes, boutique retail outlets, and modern convenience stores.

The lap pool, fitness studio, and gym provide opportunities for health and wellness activities, while for entertainment, a private cinema awaits.

[smartcode_project:default project_id=7947 project_image_fid=186449]

Co-working spaces are available for those seeking a productive environment, while lounge and dining areas create spaces for relaxation and socialising.

The rooftop terrace offers views and serves as another communal space, while 3370 sqm of landscaped gardens provide a serene escape within the bustling city.

[smartcode_project:default project_id=7947 project_image_fid=186450]

&nbsp;A mere five-minute walk leads to the Westfield Woden shopping centre, providing residents with easy access to retail therapy and various dining options.

The Canberra City Centre is just an 11-minute drive away, offering an array of entertainment, cultural, and employment opportunities and for those who frequently travel by air will appreciate the development's proximity to the Canberra Airport, reachable in just 14 minutes.

[smartcode_project_cta:default project_id=7947]

Situated within the multi-billion-dollar regeneration of the old Woden Town Centre, WOVA enjoys a prime location that strikes the perfect balance between urban convenience and serene living

Geocon's WOVA development hits 90% sold

Canberra's inner north has long been known for its greenery, community vibe and convenient location.&nbsp;

Now Lyneham is set to welcome its latest residential development with local property developer JWLand launching De Burgh in Northbourne Village.

Named to honour the heritage of the suburb, where many street names celebrate the people who played a role in Canberra's early history, De Burgh is the third and final residential release at Northbourne Village. It will occupy a central position in the Village, following on from the sold out Embark (Stage 1) and the 85 per cent sold, The Sullivan (Stage 2).

[smartcode_project:default project_id=139989 project_image_fid=212888]

Boasting a commanding presence on Northbourne Avenue, De Burgh is located just three kilometres from the city centre, placing future residents in a prime position to take in all Canberra has to offer.&nbsp;

Sullivan's Creek parkland is just steps away, providing a green haven where residents can stroll, relax, and unwind.

The suburb of Dickson, just across the road, also offers a variety of shopping, dining, and entertainment options, in addition to Lyneham's creative vibe cafes are just waiting to be explored.

De Burgh offers a range of one, two, and three-bedroom apartments plus studios, each light-filled with living areas connecting seamlessly with generous outdoor spaces.

[smartcode_project:default project_id=139989 project_image_fid=212889]

The apartments take technology to a new level, with an app that lets residents control their homes from their phones. With the app, residents can turn lights and air conditioning on and off remotely, and even unlock their doors with their phones. The Smart Lock system gives residents complete control over who has digital keys to their apartment and when they can use them.

Other features of De Burgh include energy-efficient inclusions, embedded network services, a landscaped central courtyard, a parcel locker system, and low-cost levies. For those who love to entertain, there's also a rooftop garden with barbecue facilities.

Construction is expected to commence in July of this year, with completion scheduled for mid 2025. Interested buyers can contact the sales team to view the display suite.&nbsp;

[smartcode_project_cta:default project_id=139989]

De Burgh launches in Canberra's inner north, Northbourne Village

The COVID-19 pandemic and the impact it had on the off the plan apartment industry, namely the labour shortage and massive spike in construction costs, was navigated successfully by Canberra's leading developer Geocon.

Their Republic Precinct in Belconnen was the stand out, as the Nick Georgalis-led developer completed the $410 million project with a 98 per cent settlement rate of the 1267 apartments.

“Despite the challenges of the past few years, the vision of Republic has strongly connected with the community as an unrivalled urban lifestyle in the heart of Belconnen,” Geocon Managing Director Nick Georgalis says.

[smartcode_project:default project_id=6935 project_image_fid=94890]

“What we have accomplished in the past four and a half years has been an incredible achievement for Geocon and Canberra, as a pathway forward to an increase in modernised development."

The Precinct, which dates back to 2017 when the plans were developed, also includes a&nbsp;152-room hotel, 52 commercial tenancies, and 300 space public carpark. It now stands as ACT’s largest mixed-use precinct.

Five of Canberra’s tallest towers and Canberra's first glass towers, The Precinct used 80,000m3 of concrete, the equivalent to filling 35 Olympic- sized swimming pools, over 13,000 tonnes of reinforcement, the equivalent weight of 22 Airbus A380’s and more than 66,000m2 of façade, covering over 9 football fields.

[smartcode_project:default project_id=6935 project_image_fid=94892]

“Utilising over 4,000 workers over the course of completion, Republic has been a massive project, one that we think is a huge step forward for the urbanisation of Belconnen,” says Geocon General Manager Damon Smith.

Geocon put together the same world-leading design team, Fender Katsalidis Architects and OCULUS, who created NewActon, to produce something really special.

Architect David Sutherland of Fender Katsalidis Architects said the presence of Republic would reinforce Lake Ginninderra as a recreational focus of Belconnen through the strengthening of linkages to its foreshores.

[smartcode_project:default project_id=6935 project_image_fid=94891]

“Republic has been conceived as a further strengthening of the relationship of the city with the water," Sutherland said.

"In doing so the precinct will be an urban marker of this significant site at the confluence of the two arms of the lake.

"In its built form the composition of buildings is redolent of the unique topography of the locale - the hills and valleys, the sky and water."

Proving the achievement at Republic was not a one-off, the settlement success has been mirrored in Geocon’s Tuggeranong development, Aspen Village, with 96 per cent of properties achieving settlement.

The momentum from Republic and Aspen has seen Geocon’s next major precinct, WOVA, achieve 650 sales since launch, despite cautious market conditions.

&nbsp;

The Precinct, which dates back to 2017 when the plans were developed, is ACT’s largest mixed-use precinct

Geocon achieves impressive settlement rates in Belconnen residential project, Republic Precinct

Canberra locals JWLand has recently lodged plans for its next Braddon residential project.&nbsp;

Adding to a growing portfolio in the area, the group will develop the $500 million Braddon Place precinct on Northbourne Avenue between the Rex Hotel and Haig Park.&nbsp;

The 15,607 sqm site has plans designed by COX Architecture, which includes six buildings, three fronting Northbourne Ave and three with frontage to Henry Street.&nbsp;

The vision for the site is for a series of buildings organised around a central green spine, linking Haig Park in the South with the Rex Hotel’s heritage-listed Expansion mural to the north.

“Braddon Place will create a truly liveable precinct that makes a positive contribution to the established and envisioned urban fabric,” JWLand say.

Six buildings will be constructed across the 15,607 sqm site, with plans designed by COX Architecture.&nbsp;

“The vision for the proposed development is to create a vibrant mixed-use precinct adjacent to Haig Park.”

“The site presents an opportunity to reinforce the ACT Government’s broader vision for the Northbourne Avenue corridor, a corridor that is nationally significant as one of the main entries into the capital.”

Buildings one, three and five will front Northbourne Avenue, each topping out at nine-storeys, while buildings two, four and six will front Henry Street, climbing to six storeys each.&nbsp;

600 residences will be delivered across the project, with a mix of one, two and three-bedroom apartments.&nbsp;

A two-part hotel will also be constructed, with 239 hotel rooms penned for the corner sections of buildings three and five, in addition to space for a restaurant in both.&nbsp;

JWLand are currently developing other projects along Northbourne Avenue with stage three and four the next to be constructed in their $300 million mixed-use precinct, Northbourne Village.&nbsp;

JWLand lodge plans for second Northbourne precinct, Braddon Place

Black Diamond is the final release of Aspen Village, a joint venture project between Geocon and Empire Global in Canberra&#39;s Fyshwick.

Inspired by Aspen&rsquo;s ski villages, Black Diamond delivers modern living on Canberra&rsquo;s unspoilt natural fringe, Geocon&#39;s Founder and Managing Director, Nick Georgalis, says.

&quot;Aspen village melds a luxuriously relaxed, nature-filled lifestyle with all the buzz and amenity of modern urban living,&quot;&nbsp;Georgalis adds.

[smartcode_project:default project_id=107705 project_image_fid=175000]

With private spaces scattered throughout, amenity was a key focus in the design of Black Diamond and the wider Aspen village as a whole.

The Summit,&nbsp;Aspen Village&rsquo;s 2,200 sqm&nbsp;rooftop entertaining space is fitted out with an indoor-outdoor bar, heated infinity edge pool, bookable private lounge areas, barbecue and&nbsp;dining facilities, fire pits and a lawn area, creating an all-year-round extension to the apartments.&nbsp;&nbsp;

The Alpine Bathhouse boasts a boutique selection of 24/7 resort-style amenities spanning across 100 sqm, including three private indoor/outdoor spa rooms, as well as a 12-person sauna overlooking Lake Tuggeranong.&nbsp;

[smartcode_project:default project_id=107705 project_image_fid=175004]

Rounding out Aspen Village&rsquo;s amenities is the Chef&rsquo;s Kitchen and&nbsp;Dining, as well as an onsite carwash and concierge service.&nbsp;

Nestled on Canberra&#39;s emerging southern fringe, the Aspen Village is also well connected to the surrounding amenity with a five-minute walk to South Point Shopping Centre and just a 20-minute drive to Canberra&rsquo;s city centre.

[smartcode_project:default project_id=107705 project_image_fid=175001]

Set within the Aspen Village, residents are amongst a buzzing retail precinct literally on the doorstep of Black Diamond, home to an artisanal pizzeria, gastropub, coffee shop and bakery as well as grocery store, bottle shop and gym.

The project offers something for all corners of the market, from investors to first homebuyers, down-sizers and investors with its 295 apartments presented in a mix of primarily one and two-bedroom opportunities, with the limited three-bedroom apartments sold out.

[smartcode_project_cta: project_id=107705]

Inspired by Aspen’s ski villages, Black Diamond delivers modern living on Canberra’s unspoilt natural fringe, Geocon's Founder and Managing Director, Nick Georgalis, says

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