Momentum at Highett Common, Victoria’s first medium-density, Net Zero-targeted masterplanned community, continues to build.

Developer <a href="https://www.apartments.com.au/developers/sunkin-property-group">Sunkin Property Group</a> will soon launch Habitat, the latest and most boutique stage to date. The 57 apartments are positioned on a rare island site with&nbsp;direct frontage to the Northern Common parklands.

“Habitat at <a href="https://www.apartments.com.au/new-apartments/highett-common-37-graham-road-highett-vic-3190">Highett Common</a> is an exclusive offering meticulously designed to reflect the character of the local Bayside area,” said Scott Jessop, Head of Sales &amp; Marketing at Sunkin Property Group.

[smartcode_project:default project_id=108019 project_image_fid=351231]

Designed by <a href="https://www.apartments.com.au/architects/clarke-hopkins-clarke">Clarke Hopkins Clarke</a>, Habitat prioritises natural connection.

“Apartments have been designed to maximise this connection to nature from indoor to outdoor spaces through adjacent balconies and terraces, and proximity to public parks and open spaces," ClarkeHopkins Clarke Partner Toby Lacuhlan says.

"Highett Common as a whole was designed to maximise connection to nature and a bayside lifestyle, and Habitat is really at the heart of that. It’s designed as a space where the community can come together through the inclusion of community amenities like the café and library."

[smartcode_project:default project_id=108019 project_image_fid=6854]

Interiors feature light-filled layouts,&nbsp;timber detailing, and customisation options that allow buyers to personalise their homes. Kitchens form the centrepiece of each apartment, with options for sculptural or freestanding island benches, complemented by Bosch appliances and induction cooktops.

Clarke Hopkins Clarke Associate Interior Designer Michelle Cavicchiolo said they've gone for a "timeless aesthetic",&nbsp;with the materials, fixtures and fittings designed for longevity.

"All of these features, along with functional apartment layouts, contribute to a premium aesthetic.”

[smartcode_project:default project_id=108019 project_image_fid=351227]

Beyond the homes, Habitat connects directly to Highett Common’s new library and café, while the wider precinct offers indoor and outdoor pools, a gym, wellness areas, cinema, and resident lounge.

Highett Station, just two minutes away, links the project to Melbourne’s broader transport network, while nearby shopping and dining on Highett Road adds to the convenience.

[smartcode_project:default project_id=108019 project_image_fid=351230]

For buyers, the release comes at a pivotal time in the market. Off the plan purchasers may access stamp duty savings of up to $85,000, while the First Home Owners Guarantee Scheme is set to expand in October 2025, removing income caps and lifting property price thresholds to $950,000 in Melbourne. Together with five per cent deposits, these measures open the door for more first-home buyers and upgraders to enter Bayside.

“There’s never been a better time to take advantage of our newest stage, with a wealth of customisation available, you can truly create the home of your dreams in a highly desirable middle-ring bayside suburb of Melbourne,” Jessop added.

Like the majority of new development in Melbourne, Sunkin is starting to interstate investors return to the city, viewing the market as&nbsp;undervalued, with strong growth forecast through 2026 and 2027.

[smartcode_project_cta:default project_id=108019]

Joel Robinson

Sunkin unveils Habitat, the latest stage of masterplanned Highett Common community

Construction has commenced on <a href="https://www.apartments.com.au/developers/morris-property-group">Morris Property Group</a>’s latest Broadbeach project, Maison, marking the developer’s 10th residential tower in the sought-after Gold Coast suburb.

<a href="https://www.apartments.com.au/new-apartments/maison-broadbeach-22-chelsea-avenue-broadbeach-qld-4218">Maison</a> will comprise just 21 full-floor apartments across 22 levels on Chelsea Avenue, one of the most in-demand streets in Broadbeach given its position across the road from Broadbeach Park.

[smartcode_project:default project_id=113008 project_image_fid=318661]

Each three-bedroom residence spans over 180 sqm and features open-plan living and dining areas that extend to private balconies with parkland and coastal views.

&nbsp;

Buyers can choose between two interior schemes, Lumière, with a light coastal palette, or Noir, with warmer, darker tones, designed in collaboration with Poppy Designs.&nbsp;

Premium finishes include Siemens and Bosch appliances, Vintec wine fridges, Villeroy &amp; Boch fittings, and herringbone flooring throughout the main living areas.

[smartcode_project:default project_id=113008 project_image_fid=318653]

Residents will have access to a suite of rooftop amenities on level 24, including a pool and deck, gym and sauna, residents’ lounge, and barbecue pavilion, all designed to make the most of elevated views over Broadbeach and the Surfers Paradise skyline.

The development sits on a quiet, tree-lined street just a short walk from the heart of Broadbeach, where cafés, restaurants, retail, and the beach converge.&nbsp;

[smartcode_project:default project_id=113008 project_image_fid=318651]

Morris Property Group is one of the Gold Coast's best integrated developers, both building and developing its own projects. They are forecasting completion in 2027.

Morris, founded by Barry Morris in 1978, have contributed to the Broadbeach skyline like no other. Their first development in Broadbeach was Verve, completed in 2006. They recently completed their eight, Malo, before Christmas.

&nbsp;

[smartcode_project_cta:default project_id=113008]

Urban Editorial

Broadbeach pipeline grows as Morris Property Group launches construction of Maison

One of the most boutique developments to launch in Wollongong for several years has hit the market.

Mind Property has teamed up with Insight Development Group to deliver <a href="https://www.apartments.com.au/new-apartments/coast-wollongong-1-church-street-wollongong-nsw-2500">COAST</a>, just 12 luxury apartments in a sculptural nine-level building toward the northern end of the suburb.

With its elevated positioning on Church Street and expansive views across the Pacific Ocean and escarpment, the project is designed to suit the downsizing owner-occupier.

Daniel Kostovski of Rise Projects, who is selling COAST, says there is a lot of local interest from those with ties to Wollongong.

"They’ve either remained here or are planning on returning from Sydney," Kostovski says.

"COAST is designed for those who want easy, elevated living with everything at their doorstep."

[smartcode_project:default project_id=144797 project_image_fid=350666]

Each of the first four floors hosts just two apartments per level, before giving way to a series of full-floor residences above, culminating in a double-storey penthouse with its own private rooftop pool.&nbsp;

The apartments are generously proportioned, with a strong skew toward three and four-bedroom layouts.

The location, moments from North Wollongong Beach, the Blue Mile, and key amenity precincts, underpins that lifestyle appeal.

[smartcode_project:default project_id=144797 project_image_fid=350669]

Designed by <a href="https://www.apartments.com.au/architects/prd-architects">PRD Architects</a>, the interior feature tactile materials such as solid marble, artisan joinery, fluted glass, and natural timber accents. Kitchens are fitted with Miele appliances and integrated wine fridges, as well as a central island benches designed for entertaining.

Three sub-penthouses, the Skyhome Collection, and the crowning penthouse residence showcase COAST’s most luxurious offering, complete with open-air terraces, marble fireplaces, and statement curved detailing throughout.

[smartcode_project:default project_id=144797 project_image_fid=350689]

COAST’s arrival marks a rare development in a tightly held part of Wollongong, with little new supply coming through the local development pipeline.

Construction is scheduled to commence in late 2025, with completion targeted for mid-2027.&nbsp;

&nbsp;

[smartcode_project_cta:default project_id=144797]

COAST to deliver one of Wollongong's most luxurious new developments

Developer <a href="https://www.apartments.com.au/developers/leeka-group">Leeka</a> has received the green light for its new Prahran project, providing a rare opportunity to live opposite Australia’s oldest-running food market, Prahran Market.

Located at 182-194 Commercial Road, on the corner of Izett Street, Leeka will create a mixed-use development that will&nbsp;complement the iconic Prahran Market with retail, dining and public amenity, in addition to a residential offering that explores multi-dimensional wellness.

&nbsp;

Designed by renowned architects <a href="https://www.apartments.com.au/architects/cera-stribley-architects">Cera Stribley</a>, the development will be known as Comme Prahran and will blend heritage and modern architecture across eight levels, featuring a collection of 32 one-, two-, three-, and four-bedroom residences.

Comme Prahran will incorporate the existing structure, a two-storey Edwardian-era retail hub characterised by its interwar old English style. It will be preserved and woven into the contemporary design of the project.

The project’s commitment to health and wellbeing, art, sustainability, and technology will further be revealed through various yet-to-be-announced offerings.

Leeka Director Chek Ming Cheng said the project’s blend of Prahran’s rich history and vibrant future is what makes it unique.

“Prahran has long been a cosmopolitan hub, known for its vibrant dining, retail and social life alongside a strong community spirit," Cheng said.

"Its connection to the CBD, green spaces and public transport makes it a natural choice for people seeking both convenience and culture.&nbsp;Comme Prahran will create a contemporary place with a timeless character, blending heritage and modern design to foster creativity and inclusivity."

Chosen for its wealth of experience and knowledge within the Stonnington area, Cera Stribley Managing Principal Domenic Cerantonio said the practice was excited to work with the team on its Prahran offering.

“What makes this brief special is its focus on creating a vibrant, integrated community hub that celebrates Prahran's past while embracing its future,"&nbsp;Cerantonio said.

"As a firm with deep roots in Prahran, this project was particularly meaningful to us, and we are excited to work alongside Leeka to bring their vision to life.”

Leeka, in partnership with Prime Edition, recently launched Avoca in South Yarra, comprising five whole- floor residences and one standalone house.

Leeka Group greenlit for wellness-centred Prahran apartments

Builder-developer SEYAH has reworked plans for its debut Gold Coast apartment project, Cavella.

Led by brothers Liam and Michael Hayes, who have delivered apartments for the likes of McNab and Mirvac, SEYAH will now bring 18 residences to Sunset Boulevard, an underdeveloped pocket of Surfers Paradise just minutes from the centre.

The revised scheme reduces the apartment count from 30 to 18, introducing larger two- and three-bedroom layouts. The 12-level tower, down from 17 levels previously proposed, will also feature five full-floor residences.

The project, dubbed Cavella, a name derived from the grace of Italian artistry, has been designed by BDA and draws inspiration from the flowing forms of classical architecture and the refined ease of la dolce vita, expressed through softened curves and a sculptural silhouette.

<img alt="Sunset Boulevard perspective" data-entity-type="file" data-entity-uuid="21fc0982-0517-4d9b-ba8c-a41d99ff2fb8" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Sunrise%20blvd%20building%20pers.png?VersionId=fD5SblLtKTRS8mbuPVaAMcQ1TlPZLxET" />

SEYAH has also shifted the resident amenity, activating the ground-level and connecting the facilities level to the canal. There will be a pool, gym, barbecue areas, fire pit, and both hot and cold plunge pools, and a sauna, while residents will also have direct access to a new pontoon and the use of a storage and parcel room.

On the site acquisition, Liam Hayes says Sunset Boulevard is surprisingly an underdeveloped pocket of Surfers Paradise.

"It has all the hallmarks of what makes a great development," Hayes says.

"It sits on the water, offers unobstructed views from every apartment to the Gold Coast skyline, and is a short walk into Surfers and Broadbeach."

<img alt="Sunset Boulevard building" data-entity-type="file" data-entity-uuid="34b8030e-01f0-4f18-8ab6-4162e68da8fe" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Sunrise%20blvd%20building.png?VersionId=SQ.Oc6t5kTomIXAJyH4BGtSkuubjwXNR" />

SEYAH, which is both developing and building the project, has slated a Q4 2025 pre-sales launch through SRQ Projects Director Nicholas Clydsdale. They are anticipating to start construction in Q1 2026 and complete around Q4 2027.

The move into residential apartments was a natural progression for the business, Hayes says. The builder-developer will look at exploring more opportunities at the start of 2026.

First look: SEYAH to launch Cavella in emerging Sunrise Boulevard, Surfers Paradise pocket following density rethink

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.

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?

Killara is set for one of its densest ever new development with a new project set to bring 55 new apartments to the affluent Upper North Shore suburb.

The development,&nbsp;at 23-25 Lorne Avenue, near Killara Golf Club,&nbsp;is being led by by BWSLD Killara Pty Ltd, an entity with ties to Bridgewell Capital and&nbsp;SLD Development.

The approved scheme will deliver a mix of one to four-bedroom configurations, with a higher proportion of two- and three-bedroom layouts. Ten of the apartments are allocated to affordable housing under the NSW Government’s Housing SEPP framework.

Located just 300 metres from Killara train station, the proposal takes advantage of new Transport Oriented Development and Infill Affordable Housing controls.

<a href="https://www.apartments.com.au/architects/bka-architecture">BKA Architecture</a>, the design lead on the project, noted that the scheme “offers an increase in high-quality housing for singles, couples and families within a green urban context, while responding to Killara’s shift toward higher-density housing."

The design achieves a minimum 7-star NatHERS rating, with photovoltaic solar panels planned to supplement energy use. More than 70 per cent of apartments achieve both solar access and cross-ventilation, limiting reliance on artificial cooling.

BKA Architecture emphasised the project’s landscape-led approach.

“The proposal has worked to retain mature existing trees, both on the subject site and neighbouring sites, while increasing the amount of native planting. The proposed development sits comfortably within a dense urban tree canopy and 3–6 metre wide deep soil zones."

Aesthetically, the building is articulated with a defined base, body and top, featuring a material palette of brick, aerated concrete, fibre cement panels, and non-combustible timber-look battens. Bronze-toned awnings and operable privacy screens provide additional detailing.

The site sits opposite the Killara Heritage Conservation Area.

The practice also acknowledged the site’s deeper cultural setting. “The site is located on the traditional country of the Dharug and Guringai peoples, who are the traditional custodians of the land. All new canopy trees proposed are native, linking the site with their natural ecology”

&nbsp;

Bridgewell Capital seeks 55-apartment project in Killara

A bold new infill development has been proposed for a key stretch of Pacific Highway in North Sydney, with <a href="https://www.apartments.com.au/developers/legacy-property">Legacy Property</a> lodging plans for a mixed-use project that would integrate affordable housing and retain a locally listed heritage building.

The proposal, prepared in collaboration with architects <a href="https://www.apartments.com.au/architects/nettletontribe">Nettletontribe</a>, seeks to transform a strategic site near the Victoria Cross Metro Station with a part 10, part 13-level building.&nbsp;

A two-level commercial podium will activate the Pacific Highway frontage, while four basement levels will accommodate car parking and servicing.

The residential tower includes a mix of market and affordable apartments, with the latter fulfilling the requirements of the Housing SEPP’s infill affordable housing provisions.&nbsp;These units are to be delivered in collaboration with Cubic Real Estate, a registered community housing provider.

The site includes a locally listed heritage building at 265 Pacific Highway, which will be retained and adaptively reused. The design seeks to respect the heritage significance of the item while integrating it into the broader scheme.&nbsp;

The podium reflects the scale of the adjacent heritage building (The Cloisters Antique Store) and allows for “restoration and meaningful re-purposing” of the structure,&nbsp;Nettletontribe noted in its Design Report.

A defining element of the proposal is the stepped massing from north to south, responding to the site’s topography and the lower-scale residential character of Church Lane. Setbacks increase above the podium to reduce visual bulk and improve privacy and solar access to surrounding properties. Communal open spaces are provided at ground level and the rooftop, supporting amenity for future residents.

Architecturally, the design adopts principles of the NSW Better Placed policy, incorporating sustainable features such as full electrification, EV charging provision, and deep soil landscaping.&nbsp;

Nettletontribe’s report also details the landscape strategy, which incorporates native and culturally significant plants, with a focus on edible bush foods in recognition of the site’s location on Gamaraigal Country.

The proposal builds on an approved plan from 2023 that uplifted controls on height and FSR for the site, reflecting its proximity to major transport infrastructure and alignment with North Sydney’s strategic housing targets.

The new application has been submitted as a State Significant Development Application (SSDA) through the NSW Government.

First look: Legacy Property proposes shop-top housing for key North Sydney site

The Minns Labor Government and the Inner West Council will partner on rezoning along the Parramatta Road corridor that could deliver around 8,000 new homes close to the CBD.

The proposed rezoning would cover the section of Parramatta Road within the Inner West Local Government Area, complementing work already underway with Inner West Council, Burwood and Canada Bay Council.

This transport corridor which is serviced by a significant number of bus, light rail and train routes is close to the Sydney CBD with direct access to major hospitals including Royal Prince Alfred Hospital, a number of local public schools with existing capacity and green space.

Throughout the rezoning process affordable housing, active transport connections, new open space, retail and commercial opportunities, as well as improvements to the public domain will all be examined.

Sydney is the second least affordable city in the world, with house prices having significantly outstripped wage growth over the last two decades and a NSW Productivity Commission report warning that Sydney is at risk of becoming a city without grandchildren as NSW is losing twice as many young people as it gains each year.

Premier of New South Wales Chris Minns says&nbsp;Parramatta Road has been talked about for decades with little result.

"It’s time to stop talking and start building. &nbsp;What will transform this major corridor is more homes for people to revitalise this area. That’s what’s needed to deliver more vibrancy to one of our city’s most important corridors.

“We know Sydney is facing a housing crisis. That’s why my Government is working with councils like the Inner West to get homes built faster, and in places with existing services and infrastructure.

“We’re not just planning for more homes, we’re planning for better communities, with more affordable housing, better streetscapes and public spaces, and access to jobs and transport.”

Minister for Planning and Public Spaces Paul Scully says&nbsp;Parramatta Road needs more homes and jobs in vibrant communities.

"It’s a major transport corridor that connects so many communities to the city but it can be so much than a tired thoroughfare. By working closely with Inner West Council, we’ll make sure planning reflects the needs of local communities while providing the new homes Sydney so desperately needs.”

The Department of Planning, Housing and Infrastructure will work with council and the relevant State government agencies to progress the rezoning. There are no compulsory acquisitions proposed as part of this plan.

The Minns Labor Government has been leading the way with bold plans to deliver more housing for young people and families who have been locked out of desperately needed new homes

This builds on previous work from the Minns Government to increase homes along the Parramatta Road transport corridor including:

<ul>
	<li>8 projects along Parramatta Road that have been declared State Significant through the Housing Delivery Authority and the Infill Affordable Housing Bonus which could deliver 3,968 homes, including affordable housing.</li>
	<li>Three sites from the government land audit, which will deliver around 800 homes, including social and key worker housing.</li>
	<li>A Transport Oriented Development Accelerated Precinct and state-led rezoning at Homebush and North Burwood which combined will deliver up to 33,000 homes.</li>
	<li>And 11 Low and Mid-Rise sites along the length of the corridor.</li>
</ul>

This has been further supported by once in a generation reforms introduced by the Minns Labor Government to build more well-located homes for young people and families including the largest rezoning in NSW history and delivering the largest investment in social and affordable housing in the state’s history at $6.6 billion.

&nbsp;

Up to 8,000 new homes planned for Parramatta Road corridor

National developer Time &amp; Place has submitted a State Significant Development Application to the NSW Government to get its Potts Point redevelopment of The Chimes building on Macleay Street approved and underway.

Last year they had submitted the plans for the SJB-designed building through the City of Sydney Council. They are planning a brand new 12-level building with 34 apartments, reduced from the 45 previously put forward.

SJB noted in its Design Report they "investigated in detail the distinctive character of the site and local context."

"The proposed design responds carefully to the natural and built features of the site, social, economic and environmental conditions, and the layered history of Potts Point. The proposal has been designed to fit with and enhance the overall quality of the historical high-density community of Potts Point."

<img alt="Potts Point" data-entity-type="file" data-entity-uuid="d61abdc1-6ef5-486c-a9dc-17390fb30229" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-09-14%20at%209.08.06%E2%80%AFAM.png?VersionId=Rgk5PLkUJhzqbbc2fOjOUV7SQclDLNMb" />

SJB added that the proposed design provides&nbsp;multi-bedroom units to cater to the demand for quality housing in the high density area of Potts Point. The majority of apartments have three bedrooms.

"This replaces the low density of existing apartments on site, which consists predominantly of studio apartments without balconies."

Time &amp; Place have spent a reported $85 million buying all of the 80 studio apartments and car parks in the nine-level building that dates back to the mid-20th century when it was designed by Hugo Stossel, a modestly well-known post-War émigré architect who designed a number of similar residential apartment buildings in Sydney’s inner eastern suburbs.

<img alt="Time &amp; Place" data-entity-type="file" data-entity-uuid="78d20476-f6b2-4efb-8a83-12d7f38c647f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-09-14%20at%209.08.14%E2%80%AFAM.png?VersionId=ZQU4HH21p9rVcoSvw20kKpM8OsqCiJz2" />

Time &amp; Place made their intentions clear when they started buying apartments in the block a few years ago.

“Over the last 24 months, Time &amp; Place has worked collaboratively with owners at The Chimes, Potts Point, as well as representatives from the City of Sydney to ensure fair and considered outcomes were achieved for all involved," Time &amp; Place Director Evan Papadopoulos told Apartments.com.au late last year.

“A priority for our team has been to ensure that communications with all stakeholders have been consistent, thoughtful and clear from the outset. We will approach this next step in the same spirit of transparency and open-mindedness we have adopted over the course of this acquisition."

“We look forward to continuing to engage with the wider community to achieve positive outcomes for this iconic Potts Point site.”

The recent plans suggest it will cost around $100 million to construct the new building, that will feature ground-floor retail fronting Macleay Street and resident amenity in the form of two lap pools, and an outdoor gym on the third level, as well as additional communal space.

The affordable housing component, which has triggered a 30 per cent uplift in height of the building, will be operated by Bridge Housing Limited, who will assume&nbsp;management of the affordable housing dwellings within the project for a minimum of 15 years.

First look: Time & Place's take The Chimes, Potts Point redevelopment to NSW Gov

Apartment king Harry Tribugoff is progressing with the next stage of Pagewood Green, its Westfield-anchored Eastgardens precinct in Sydney's eastern suburbs.

Meriton will deliver another 200-plus apartments across three interconnected buildings ranging in height between seven and 13 levels. There will be two retail tenancies as part of the $130 million stage, as well as a&nbsp;suite of communal recreation and landscaping elements.

The developer has been approved for over 214 apartments, but is seeking to reduce the density to just over 200 to "align with broader market trends" that prioritise larger apartments, and a shift towards owner-occupier preferences in new developments.

<img alt="2 Tingwell Boulevard in Eastgardens" data-entity-type="file" data-entity-uuid="4500be81-f5c6-473c-b712-a43c8cb5dd58" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Meriton%20eastgardens%202.png?VersionId=F9sST02sqMFD50oQIfNPDHP_B36YjU6j" />

According to the compliance statement submitted with the application, the proposed design continues to meet key planning and urban design criteria, including deep soil planting, tree canopy coverage, integration of cycle and pedestrian paths, and full EV readiness across residential car parking.&nbsp;

Architecture for the project has been led by <a href="https://www.apartments.com.au/architects/plus-architecture">Plus</a>,&nbsp;which noted that materials and articulation across the podium and tower forms aim to create a “village-like character” consistent with Pagewood Green’s vision.

There will be a near-1000 sqm communal open area on the level one podium for residents with a barbecue area and associated areas for dining and seating. In addition to this space will be accessible terraces on levels 10 and 9 along the western tower form with sitting areas and views to south eastern suburbs.

On ground level there is also a mixture of areas from a swimming pool, spa, sauna and gymnasium providing on-site amenity to the future residents.

Meriton first launched the $3 billion masterplan, known as Pagewood Green, in 2016. At the time it was called the biggest project undertaken by the developer. The 16.5-hectare block was previously home to the former&nbsp;British American Tobacco manufacturing plant and the former General Motors-Holden factory.

At the time, Triguboff said that Pagewood Green would provide some of the most spacious apartments in the area.

“Bigger apartments are in short supply and, because of this, they are achieving the strongest rental increases.”

Meriton secures $130 million approval for next stage of Pagewood Green masterplan

Summit &amp; Ridge, the fourth stage of Sekisui House Australia's Sanctuary in Wentworth Point, secured a flurry of sales at its recent launch.

More than 80 per cent of purchasers of&nbsp;<a href="https://www.apartments.com.au/new-apartments/summit-ridge-at-sanctuary-wentworth-point-14-16-hill-road-wentworth-point-nsw-2127">Summit &amp; Ridge</a>&nbsp;were owner occupiers, underlining the strong demand from buyers looking to live within the new&nbsp;riverfront community. Over 40 apartments were sold valued at $46.5 million within three hours of the launch event, with an average price of $1.107 million.

“Buyers appreciated the larger layouts in this stage and the sense of space Summit &amp; Ridge offers,"&nbsp;said Matthew Landa, Senior Sales Executive – Apartments &amp; Mixed-Use Developments.

"The combination of generous apartments, exclusive amenities and unique position on the Parramatta River peninsula helped with sales. Many told us they could picture themselves living here, it is a place that feels established, green and connected, yet private."

The launch drew interest from local buyers within a 5km radius, as well as repeat purchasers from previous Sanctuary stages, with 15 per cent of buyers upgrading their property portfolio through Sekisui House Australia’s Rewards Program. Purchasers also came from the Lower North Shore, Oatlands and the Inner West, highlighting the project’s broad market appeal.&nbsp;

<img alt="Summit &amp; Ridge at Sanctuary, Wentworth Point" data-entity-type="file" data-entity-uuid="1166d1aa-e075-429c-a1f4-4861cad140e3" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/2417_TheSanctuary_02_EXT_Podium.jpg?VersionId=E37Ym7TBhQX4VFKnFNDwccSiDLp81KZA" />

Comprising 488 apartments across Summt (39 levels), and Ride (32 levels), the first sales release focused exclusively on one and two-bedroom residences, priced from $720,000 to $1.3 million. One-bedroom apartments were popular, with purchasers valuing their limited supply, pricing and uninterrupted views across the Newington Nature Reserve, Parramatta River and picturesque views across the Blue Mountains.

Summit &amp; Ridge enjoys an enviable position on the <a href="https://www.apartments.com.au/developments/wentworth-point-nsw-2127">Wentworth Point</a> peninsula, the only built environment north of Hill Road, surrounded by water and a nature reserve. The project’s Neighbourhood Green, a 1.5-hectare landscaped parkland running through the heart of Sanctuary will also open soon.

The towers by acclaimed architects <a href="https://www.apartments.com.au/architects/turner-studio">TURNER</a> are defined by organic, sculptural forms that frame views, guide movement and enhance the connection between nature and the city, a design approach that ensures Summit &amp; Ridge will become a striking architectural marker within Sydney’s skyline.

<img alt="Summit &amp; Ridge at Sanctuary, Wentworth Point" data-entity-type="file" data-entity-uuid="49e681c8-af8e-4623-aa60-7573acaade7e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/CGI1.png?VersionId=EkqjP9veHDeZaSeXkN8p1aOUW79nLdVv" />

Summit will feature resident-only amenities on level 29 including a resort-style pool and sauna, while Ridge offers an outdoor cinema, sunset bar and dining space on level 23. At the base of Ridge, a 110-place childcare centre will further support growing families, reinforcing the masterplan’s focus on lifestyle and community.

The interiors in the project by <a href="https://www.apartments.com.au/interior-designers/henderson-co">Henderson &amp; Co.</a>, were inspired by the “natural elegance” of Sanctuary’s landscape setting, with efficient Japanese design principles enhancing space and light throughout the homes. 
&nbsp; 
“The fact that sales were achieved so quickly shows the strength of demand for quality, well-designed apartments in Sydney,"&nbsp;Landa added.

"Owner occupiers in particular see the long-term value of being part of a master planned community delivered by Sekisui House Australia, and that trust has been a major driver behind this success."

Sales momentum was further supported by the current downward trend in interest rates, creating favourable conditions for buyers.

<img alt="Summit &amp; Ridge at Sanctuary, Wentworth Point" data-entity-type="file" data-entity-uuid="31591500-e65c-44d6-aa48-35310a7bd45b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/HERO_CASE%20STUDY%20A_1.jpg?VersionId=DiE.Zk1g8Rfb1fRmMMe_0r6oa55oYsAb" />

The recent completion of the third stage of Sanctuary, Laguna &amp; Glade,&nbsp;has further reinforced purchaser confidence, giving buyers a first-hand view of Sekisui House Australia’s build quality and design execution.

Nearby amenities include Marina Square Shopping Centre, Wentworth Point High School, ferry terminal, train station and the future Parramatta Light Rail.&nbsp;

Three and four-bedroom apartments will be released at future launches. &nbsp;Construction is anticipated to commence in Q4 2025 and completed by Q3 2028.

Every apartment in Summit &amp; Ridge will carry a 4 Gold Star iCIRT rating, an independent NSW Government-backed accreditation for integrity, capability and financial stability, giving buyers confidence they are investing in a home built to last.

[smartcode_project_cta:default project_id=144917]

Owner occupiers drive $46.5 million launch success at Summit & Ridge, Wentworth Point

Builder-developer ALAND has drawn back the curtain on its first city-focused new apartment development.

The North Sydney development, <a href="https://www.apartments.com.au/new-apartments/the-walden-north-sydney-173-179-walker-street-north-sydney-nsw-2060">The Walden</a>, is the first time the company has ventured this close to the city, having previously completed thousands of apartments predominantly in Sydney's west, and more recently in Gosford.

<a href="https://www.apartments.com.au/developers/aland">ALAND</a> acquired the prime North Sydney site, spanning Walker and Hampden Streets just down the road from the Victoria Cross Metro station, for $240 million in June.

Now they've unveiled the new project, a mix of one-, two-, three- and four-bedroom apartments across a 30-level building designed by Rothelowman.

[smartcode_project:default project_id=134323 project_image_fid=6384]

The Walden will capitalise on the site’s front-row position on the eastern fringe of the <a href="https://www.apartments.com.au/developments/north-sydney-nsw-2060">North Sydney</a> CBD, which offers uninterrupted Sydney Harbour views stretching from the Sydney Harbour Bridge all the way to Sydney Heads.

The main tower will be flanked by a small four-level amenity building known as The Pavilion, offering exclusive resident-only amenities including a dedicated concierge service, a sauna and private wellness studio, a gymnasium and fitness studio, a resort-style rooftop pool and sundeck.

There will also be a&nbsp;residents’ lounge, private dining and a wine cellar, and co-working facilities with an on-site meeting room and boardroom.

&nbsp;

&nbsp;

[smartcode_project:default project_id=134323 project_image_fid=6382]

ALAND Founder Andrew Hrsto said the company knew they could create something "iconic" with The Walden when they saw the site.

&nbsp;

“As a company, we had been searching for a site in one of Sydney’s blue-chip locations, spanning the Eastern Suburbs, the Sydney CBD and the North Shore, and when we had the opportunity to purchase this site, we immediately recognised that it could be something iconic – being the last development with a view offering this exceptional.

“We identified the attributes and quality of the site as being perfectly aligned for ALAND – and we feel that this off-market acquisition is a perfect opportunity to showcase our craftmanship and expertise through a truly unique offering."

[smartcode_project:default project_id=134323 project_image_fid=6399]

Hrsto pointed to ALAND’s longstanding development expertise as a significant benefit in delivering a positive outcome for The Walden.

“Being a fully integrated development and construction business with a highly experienced team, we have the benefit of in-house experts across the development spectrum, from acquisitions, design, planning, and construction, to sales, marketing, property management, through to building management.

“As one of Australia’s largest private development and construction groups, we’ve been in operation for 23 years, with a Gold Star iCIRT rating and a 100 per cent delivery success rate across numerous masterplanned and mixed-use projects – and we’re very much looking forward to bringing this expertise to The Walden and contributing to the ongoing revitalisation of North Sydney."

The Walden is the latest development in Sydney to have the 10-year Latent Defects Insurance policy by Resilience Insurance, protecting buyers from any structural or waterproofing-related issues for 10 years post-completion.&nbsp;

Demolition of existing structures on The Walden site has already commenced through specialist civil contractor Moits, with the aim of completing preparatory ground works by the end of 2025, ahead of construction commencement in early 2026.

[smartcode_project_cta:default project_id=134323]

ALAND unveils The Walden, North Sydney's latest luxury apartment development

<a href="https://www.apartments.com.au/developers/toga-group">TOGA</a> has opened sales for the final building in Macquarie Rise, its latest mixed-use development in Macquarie Park.

Since launching its <a href="https://www.apartments.com.au/new-apartments/macquarie-rise-122-herring-road-macquarie-park-nsw-2113">Macquarie Rise</a> in late 2023, TOGA has secured over 125 sales in the Herring Road development, to a range of purchasers, from first home buyers to investors and downsizers. Around 65 per cent of purchasers have been owner-occupiers.

TOGA has now launched a new release of one-, two-, and three-bedroom apartments in the final building, Saunders Rise. Many of the apartments feature multi-purpose rooms and offer views of the surrounding greenery. Also part of the release is a series of&nbsp;sub penthouses housed on the upper floors.

[smartcode_project:default project_id=89243 project_image_fid=242696]

&nbsp;

“We’re delighted with the ongoing strong interest in our Macquarie Rise development, which is testament to the need for premium housing in this much-loved Sydney suburb,"&nbsp;Allan Vidor AM, Managing Director at TOGA, said.

"We’re proud to be able to offer buyers a unique product that includes luxury amenities, spacious living areas and flexible layouts, designed to suit all kinds of buyers, from young professionals to families and investors.

“We have long been advocates of Macquarie Park, and once Macquarie Rise is complete, TOGA will have built 1,000 apartments in the area, delivering much needed homes within a thriving precinct. It’s great to see the area become renowned for high-quality apartments, proximity to amenities and green spaces."

TOGA, one of Australia’s few Gold Star iCIRT rated developers, is also handling construction of Macquarie Rise. They are on track to complete the building in 2027.

[smartcode_project:default project_id=89243 project_image_fid=310789]

Macquarie Rise boasts a prime location, placing residents within immediate reach of Macquarie Centre, Macquarie University, and the newly completed Macquarie University Metro, connecting to the Sydney CBD is just over 20 minutes.

&nbsp;

Macquarie Rise residents also have access to Club Rise, an exclusive, residents only lounge designed by luxury hotel designers Stack Studio, offering an abundance of work and break-out areas, a Pilates studio, a gym, and a karaoke room. As well as these premium amenities Macquarie Rise will also feature an impressive podium top 20m lap pool.

[smartcode_project:default project_id=89243 project_image_fid=242695]

“Offering luxury, spacious apartments in a vibrant and well-connected neighbourhood, it’s no surprise that Macquarie Rise remains popular with a range of buyers," said TOGA's General Manager of Sales, Anthony Falas.&nbsp;

"With interest rates tracking downwards, we expect the final apartments to continue to receive high levels of interest.”

Located at 122 Herring Road, Macquarie Park, the development will be delivered in partnership with Baptist Union NSW and Morling College with a value of over $400 million.

&nbsp;

[smartcode_project_cta:default project_id=89243]

TOGA launches final stage apartments in Macquarie Rise

Lower North Shore development specialists&nbsp;<a href="https://www.apartments.com.au/developers/abadeen-group">Abadeen</a>&nbsp;has topped out its new local apartment development,&nbsp;<a href="https://www.apartments.com.au/new-apartments/northcote-collective-naremburn-2-6-northcote-street-naremburn-nsw-2065">Northcote Collective</a>.&nbsp;

Located in the tightly held suburb of <a href="https://www.apartments.com.au/developments/naremburn-nsw-2065">Naremburn</a>, Northcote Collective is a collection of just 58 one-, two-, and three-bedroom apartments designed by award-winning architects Rothelowman.&nbsp;

The building is just a five to 10 minute walk from the heart of Crows Nest and the new&nbsp;St Leonards and Crows Nest Metro stations. Abadeen has also brought doorstep convenience, with a ground-floor retail offering on Northcote Street.

Northcote Collective is being delivered by&nbsp;<a href="https://www.apartments.com.au/builders/decode">Decode</a> — an iCIRT-rated construction company well regarded in the new development industry.

[smartcode_project:default project_id=114189 project_image_fid=272840]

“This is an important and exciting moment for Northcote Collective, and we’re proud to celebrate this milestone with our partners, consultants, and future residents,” said Justin Brown, Executive Chairman and Founder of Abadeen.&nbsp;

“From the outset, our vision was to create something truly special for Naremburn — homes that respect the character of the neighbourhood while elevating the standard of Lower North Shore living. With connectivity to transport, retail on the doorstep and a true village lifestyle, this milestone also comes at a perfect time when buyer confidence is returning to the market. I am incredibly proud of our team and of Decode for their dedication in helping us bring this vision to life.”

[smartcode_project:default project_id=114189 project_image_fid=272865]

The development is two-tiered, with two rooftops for residents. The taller building has an impressive rooftop pool, a rare inclusion in the new Sydney apartment market. The level, with panoramic views, also includes an entertaining terrace with barbecue facilities.

Local downsizers and young professionals are showing the strongest interest in the development, with recent improvements in the property market — supported by three rate cuts in 2025 — boosting borrowing power and buyer confidence.

Auction activity across Sydney surged by almost 30 per cent in recent weeks, with clearance rates above 70 per cent — signalling a renewed wave of buyer demand.

Northcote Collective will welcome buyers in 2026.

[smartcode_project_cta:default project_id=114189]

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