Malaysian conglomerate <a href="https://www.urban.com.au/developers/mrcb">MRCB</a> International has sold more than 50 per cent of apartments in its $200 million Maris development in <a href="https://www.urban.com.au/developments/southport-qld-4215">Southport</a> ahead of its formal market release, highlighting a surge in demand for well-priced apartments in key Gold Coast urban precincts.&nbsp;

The project, approved by the Gold Coast City Council, will comprise 192 one- and two-bedroom apartments across 20 levels, with the option to amalgamate into three-bedroom residences.

To date, only the lower levels of the building have been sold, with upper-level apartments to be released later this quarter. MRCB International CEO Ravi Krishnan said the response had far exceeded expectations.&nbsp;

“Maris has resonated with buyers who recognise the long-term value in Southport’s transformation,” said Krishnan.&nbsp;

“The demand we've received to date validates our approach of creating considered, lifestyle-driven residences in locations with deep infrastructure, connectivity and lifestyle appeal.”

<img alt="Maris, Southport" data-entity-type="file" data-entity-uuid="6e685fd8-5135-4e9d-b1da-268ebcd7d025" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/MRCB11725_Maris_E02_Hero%20Queen%20Street%20Intersection_Warm_Tone.jpg?VersionId=_Hp9BRNg.mfaqqOYxwMxsQK.05LCXfyh" />

Demolition of the former Sundale Motel site is now complete, with construction of Maris expected to commence in the second half of 2025, and completion forecast for 2027. &nbsp;

Designed by <a href="https://www.urban.com.au/architects/plus-architecture">Plus Architecture</a>, Maris pairs contemporary coastal architecture with elevated amenity, offering residents access to a rooftop yoga and dining terrace, a podium-level pool, gym, sauna, and expansive lounge spaces with panoramic views of the Broadwater and Gold Coast skyline.&nbsp;

The project occupies a prominent position opposite the Broadwater Parklands light rail station, and is within walking distance of Australia Fair, retail and dining, and the proposed Olympic arena at Carey Park, slated to drive significant investment in the lead up to the 2032 Games.&nbsp;

Recent research from Urbis confirmed Maris was the single largest contributor to Gold Coast apartment sales during the March quarter, accounting for 80 of 209 new apartment sales city-wide.

Krishnan said the data reinforced MRCB International’s strategy to deliver accessible, lifestyle-led residences in strategically located precincts.&nbsp;

“Buyers are recognising the value in Southport and the opportunity to secure design-forward apartments in walkable, connected neighbourhoods,” Krishnan added.&nbsp;

“We’re focused on creating quality projects that align with how people want to live now, and into the future”.&nbsp;

Maris builds on the momentum of MRCB International’s flagship 26 Vista project in Surfers Paradise, one of the fastest-selling developments on the Gold Coast in 2023 and 2024.

[smartcode_project_cta:default project_id=134403]

Demolition of the former Sundale Motel site is now complete, with construction of Maris expected to commence in the second half of 2025, and completion forecast for 2027.  

Joel Robinson

MRCB sells half of Maris Southport apartments before official launch

In a move that signals the next chapter for Green Square’s transformation, <a href="https://www.urban.com.au/developers/deicorp">Deicorp</a> will break ground next week on The Avenues, a $874 million mixed-use precinct that will see a former industrial site in Zetland turned into a new residential neighbourhood over the coming years.

The 2.87-hectare site on Joynton Avenue, previously home to an Ausgrid depot, sits just four kilometres from the Sydney CBD and forms part of the broader Green Square renewal zone.&nbsp;

Construction will begin with a ceremonial sod-turn led by Deicorp founder Fouad Deiri.

Once complete, <a href="https://www.urban.com.au/new-apartments/the-avenues-zetland-130-joynton-avenue-nsw-2017">The Avenues</a> will deliver 624 apartments across nine buildings, along with curated ground-floor retail, purpose-built student housing and build-to-rent dwellings delivered in partnership with Scape. It's one of the largest developments to be launched in Sydney’s inner south in recent years, and one that takes a layered approach to scale, tenure and architecture.

<img alt="The Avenues" data-entity-type="file" data-entity-uuid="9c6fdda5-6201-4668-b2d2-801edbb30dfa" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-06-17%20at%202.06.57%E2%80%AFPM.png?VersionId=H_2kWnz0IkU5x03esnCmO1x4WwNeLHpR" />

Designed by <a href="https://www.urban.com.au/architects/fk-australia">Fender Katsalidis</a>, <a href="https://www.urban.com.au/architects/candalepas-associates">Candalepas Associates</a> and Lachlan Seegers Architects, the buildings vary in height and form, from eight to 14 levels. Each has been designed to respond to context: earth-toned brick facades, generous landscaped streets, and active retail edges aim to bring a pedestrian rhythm to what’s long been a closed-off site.

Public space is a key part of the plan. A $16 million package of park and infrastructure upgrades is tied to the project, including improvements to neighbouring Woolwash and Biyanbing Parks.

<img alt="Avenues" data-entity-type="file" data-entity-uuid="7fa0eedc-112b-4975-b21b-8deb66e059dd" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-06-17%20at%202.06.57%E2%80%AFPM_0.png?VersionId=dq.iJ1sqpbaQILqTuMVr6cbwHQuzYmOL" />

In contrast to the typical strata-only model, Deicorp’s plan integrates a mix of market apartments, long-term rentals and student housing, an increasingly common formula in inner-city regeneration precincts like Green Square and Waterloo. The precinct will also include over 800 sqm of commercial and retail space, with tenancy types ranging from cafes and bistros to small-format grocery and convenience stores.

The developer says the design prioritises sustainable performance and thermal comfort, with high-performance façades, natural ventilation, and external shading systems planned to meet SEPP 2022 and BASIX targets.

<img alt="Avenues" data-entity-type="file" data-entity-uuid="cedaa64f-cec8-4e62-861b-bfb71a50541f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-06-17%20at%202.07.08%E2%80%AFPM.png?VersionId=DFCYE0fPVIhSCOUsX4kaHVdXoKE_hZAk" />

<a href="https://www.urban.com.au/developments/zetland-nsw-2017">Zetland</a> has rapidly shifted from an industrial edge suburb to one of Sydney’s densest residential postcodes, driven largely by its rail connection and proximity to the city. Yet many parts of the suburb remain transitional. The Avenues aims to stitch one of its largest remaining brownfield parcels back into the urban grid, just a short walk from Green Square Station and the Gunyama Park precinct.

The project continues Deicorp’s active pipeline across metropolitan Sydney, with other projects underway or in planning in Parramatta, Melrose Park, Crows Nest and the Hills District.

[smartcode_project_cta:default project_id=146262]

Zetland has rapidly shifted from an industrial edge suburb to one of Sydney’s densest residential postcodes, driven largely by its rail connection and proximity to the city

Deicorp to break ground on The Avenues, Zetland masterplan

Developer&nbsp;<a href="https://www.urban.com.au/developers/rcorporation">R.Corporation</a>&nbsp;has launched the second and final tower in its mixed-use South&nbsp;Melbourne&nbsp;precinct.

<a href="https://www.urban.com.au/new-apartments/r-evolution-south-melbourne-253-normanby-road-south-melbourne-vic-3205">R.Evolution</a> follows in the footsteps of&nbsp;the highly successful <a href="https://www.urban.com.au/buildings/r-iconic-south-melbourne-259-normanby-road-south-melbourne">R.Iconic</a>, located on the western half of the prime Normanby Road site that&nbsp;<a href="https://www.urban.com.au/developers/rcorporation">R.Corporation</a>&nbsp;acquired nearly a decade ago.

The majority of the 456 apartments in the 31-level&nbsp;<a href="https://www.urban.com.au/buildings/r-iconic-south-melbourne-259-normanby-road-south-melbourne">R.Iconic</a>&nbsp;tower—designed by&nbsp;<a href="https://www.urban.com.au/architects/plus-architecture">Plus Architecture</a>— have sold, with just a handful of premium residences and townhouses remaining.

[smartcode_project:default project_id=150341 project_image_fid=1499]

R.Evolution continues in the same vein as its predecessor, offering a mix of one-, two- and three-bedroom apartments, townhouses and sub-penthouses.

Much like&nbsp;<a href="https://www.urban.com.au/buildings/r-iconic-south-melbourne-259-normanby-road-south-melbourne">R.Iconic</a>, which made headlines for its 30+ resident amenity offerings, including a rooftop running track, R.Evolution will add a host of new amenity.

The new 41-level tower includes a wellness Centre with a yoga and Pilates room, a second swimming pool, a magnesium spa and infrared sauna. Additionally, a co-working centre, table tennis tables, golf simulator, putting green, library, hotel-style lobby, private dining room and wine tasting room will also be added.&nbsp;

[smartcode_project:default project_id=150341 project_image_fid=1493]

R.Evolution also shares a podium with R.Iconic, giving R.Evolution residents access to the already established rooftop level—featuring a running track, indoor and outdoor gyms, sauna and steam room, dining pavilions, BBQ areas, fire pits, a children's playground, over an acre of Paul Bangay-designed gardens, and a pool.

Construction firm&nbsp;<a href="https://www.urban.com.au/news/maxcon-appointed-as-builder-for-adelaide-s-penny-place-development">Maxcon</a>&nbsp;has already commenced work on R.Evolution, with completion expected in 2027.

&nbsp;

[smartcode_project:default project_id=150341 project_image_fid=1516]

<a href="https://www.urban.com.au/buildings/r-iconic-south-melbourne-259-normanby-road-south-melbourne">R.Iconic</a>&nbsp;was awarded Victoria’s Best Lifestyle Development at the 2023 PropertyGuru Awards—recognised not only for its extensive resident amenity offering, but also for its prime location at&nbsp;<a href="https://www.urban.com.au/developments/the-junction-nsw-2291">the junction</a>&nbsp;of South&nbsp;<a href="https://www.urban.com.au/developments/melbourne-vic">Melbourne</a>,&nbsp;<a href="https://www.urban.com.au/developments/southbank-vic-3006">Southbank</a>, Port&nbsp;<a href="https://www.urban.com.au/developments/melbourne-vic">Melbourne</a>, and the fringe of the CBD.

The entire precinct has been positioned as a "15-minute neighbourhood," with walking access to&nbsp;<a href="https://www.urban.com.au/developments/melbourne-vic">Melbourne</a>’s extensive tram network, South&nbsp;<a href="https://www.urban.com.au/developments/melbourne-vic">Melbourne</a>&nbsp;Market, and the&nbsp;<a href="https://www.urban.com.au/developments/melbourne-vic">Melbourne</a>&nbsp;Exhibition Centre.

[smartcode_project_cta:default project_id=150341]

R.Corporation launches R.Iconic sister tower, R.Evolution

Unit values on the Gold Coast edged down slightly in May, marking a rare softening in what remains an otherwise heated property market.

The decline was modest—just 0.1 per cent, according to the monthly Home Value Index by Cotality (formerly CoreLogic). Despite this minor drop, unit values have remained resilient, rising 1.3 per cent over the past three months and 5.4 per cent over the past year.

This small dip brings the median unit value on the Gold Coast to just under $850,000. However, the downward movement is not expected to persist, with demand for property in the region remaining strong, bolstered by expectations of further interest rate cuts from the RBA.

In contrast, house prices on the Gold Coast surged in May, climbing 0.9 per cent.

<h2>What happened in Gold Coast’s off the plan apartment market in May?</h2>

While <a href="https://www.urban.com.au/developments/gold-coast-qld">Gold Coast</a>&nbsp;unit values saw a rare contraction in May, prices aren't about to become significantly more affordable.

What is shifting, however, is the type of product being delivered to market.

The Gold Coast experienced a wave of money from the southern states during COVID, which led to a significant number of half- and full-floor apartments being developed in a short space of time. While these were quickly snapped up—thanks to continued demand over several years—this shift meant smaller apartments fell by the wayside. Even one-bedroom apartments were becoming a thing of the past.

But in recent months, including May, developers have begun reintroducing slightly smaller, more affordable apartments. This is helping meet an underserved segment of the market: buyers who are ready but haven’t had enough supply to choose from.

The Melbourne-based, Malaysian-backed development conglomerate MRCB is soon to launch Maris in Southport, a rare example of affordability-focused development.

There isn’t a single three-bedroom apartment in the building—just 180 one- and two-bedroom residences in the Southport Priority Development Area.

<img alt="MRCB greenlit for Maris, Southport apartments" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_auto/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screenshot%202024-08-27%20at%208.56.13%E2%80%AFAM.png?VersionId=NzE9cgDGoWh3sGj8X7ZNyKH_bx6Sr.YV" />

Backed by Malaysian Resources Corporation Berhad, the project will replace the Sundale Motel and deliver a housing mix aimed at affordability, just steps from Broadwater Parklands Station.

Designed by <a href="https://www.urban.com.au/architects/plus-architecture" target="">Plus Architecture</a>, Maris will also feature a communal recreation deck and lush podium landscaping.

Read more: <a data-end="1662" data-start="1612" href="#" rel="noopener">MRCB greenlit for Maris, Southport apartments</a>

In Palm Beach, <a href="https://www.urban.com.au/developers/sherpa-property-group" target="">Sherpa Property Group</a> continues to expand its value-conscious Flourish brand with plans for <a href="https://www.urban.com.au/new-apartments/flourish-ovana-1150-1154-gold-coast-highway-palm-beach-qld-4221">Flourish Ovana</a>, a 102-apartment project located directly across from their flagship development, Flourish on Sixth.

[smartcode_project:default project_id=150017 project_image_fid=195]

If Flourish Ovana follows suit, it will feature a handful of one-bedroom apartments priced around $600,000, and two-bedrooms under $1 million.

The rooftop will include a swimming pool and spa.

Read more: <a data-end="2253" data-start="2187" href="#" rel="noopener">Sherpa expands Palm Beach footprint with Flourish Ovana plans</a>

Developer <a href="Dankav">Dankav</a> is also targeting the one- and two-bedroom market with <a href="https://www.urban.com.au/new-apartments/the-alfred-2375-gold-coast-highway-mermaid-beach-qld-4218">The Alfred</a>, a new mixed-use lifestyle precinct that will replace the Mermaid Beach Shopping Village.

The seven-level building will offer 80 one- and two-bedroom apartments above a vibrant hospitality precinct, capitalising on the proximity to the new light rail extension.

Dankav has enlisted BDA and J.AR Office to design the building.

<img alt="First look: Mermaid Beach Shopping Village to make way for Dankav's latest mixed-use development play" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_auto/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screenshot%202025-05-14%20at%209.05.31%E2%80%AFAM.png?VersionId=gdBfGxorSfC4.6jrH.xG7C3Ckw2kh1H." />

"An opportunity exists to create a flagship mixed-use development that redefines the urban experience along the Gold Coast Highway," J.AR and BDA noted.

“Through considered analysis of the existing context of this area of Mermaid Beach and the envisaged potential for adjoining urban redevelopment, this design outcome will result in the addition of an elegant and visually interesting mixed-use tower with a highly active ground plane, which will provide considerable amenity for residents and visitors, and become a complementary and respectful addition to the ever-emerging light rail corridor of Mermaid Beach.”

Read more: <a href="https://www.urban.com.au/news/qld/first-look-mermaid-beach-shopping-village-to-make-way-for-dankavs-latest-mixed-use-development-play">First look: Mermaid Beach Shopping Village to make way for Dankav's latest mixed-use development play</a>

Developer<a href="https://www.urban.com.au/developers/polycell-group"> Polycel</a>l&nbsp;continues to target the higher end of the market, having nearly sold out their debut Gold Coast project, <a href="https://www.urban.com.au/new-apartments/the-rochester-broadbeach-143-surf-parade-broadbeach">The Rochester</a>.

In May, the developer proposed their third local venture: a 59-level redevelopment of the Sandpiper site.

Effectively The Rochester 2.0, the new tower will comprise 216 apartments and three levels of resident amenity, including floating daybeds by a resort-style pool, golf simulators, two-level lounges, and private cinemas.

Read more: <a data-end="4067" data-start="3977" href="#" rel="noopener">First look exclusive: Polycell files Sandpiper redevelopment plans after owner buyout</a>

While Gold Coast unit values saw a rare contraction in May, prices aren't about to become significantly more affordable

City Beat May 2025: Developers eye shifting trends as affordability re-emerges on the Gold Coast

Dromana has long held a special place in the hearts of Victorians, thanks to its unique combination of natural beauty, laid-back charm, and rich local character. Tucked between the gentle curve of Port Phillip Bay and the dramatic rise of Arthurs Seat, the town offers a postcard-perfect setting that has drawn visitors for generations.

In the early 1900s, Dromana became a popular seaside retreat for Melbourne families escaping the city in search of sun, sea, and sand. Back then, holidaymakers would arrive by steamship or overland, setting up summer camps along the foreshore or booking rooms in charming guesthouses. The tradition continues today, with the town’s calm, safe beaches, colourful beach boxes, and scenic picnic spots offering a nostalgic slice of the “classic Aussie summer.”

Beyond the beach, Dromana is also adored for its access to nature. The climb to the summit of Arthurs Seat rewards with sweeping views over the Bay, while nearby trails and nature reserves make it easy to immerse yourself in the great outdoors. Food and wine lovers are equally spoiled, with wineries, breweries, and fresh produce at farm gates just minutes away.

But perhaps what people love most about Dromana is its balance. It’s lively without being hectic, close to everything yet far enough away to feel like a true escape. Its community is welcoming, creative, and close-knit—where weekend markets, surf clubs, and local festivals are part of everyday life.

It was all of the above and more that drew Melbourne developer Samuel Property to the area.

Samuel, led by Illan Samuel, has managed to create an unrepeatable, near-two-hectare site across the road from the beach for a new townhouse community: Hali Dromana, one of the first new developments in the coastal locale where four out of five dwellings are standalone houses.

Samuel says HALI Dromana is a location that will never be repeated along the Mornington Peninsula.

"Hali is a place where you can cross the road to the beach, take a short stroll to the shops, or relax in over 5,000 sqm of thoughtfully designed communal spaces. We're creating a true community, built on nearly 20 years of experience delivering high-quality, customer-focused residences."

[smartcode_project:default project_id=147112 project_image_fid=330356]

The 70 new two-, three- and four-bedroom townhouses are just a stone's throw from everything Dromana has to offer—from the Dromana retail strip with cafes, restaurants and boutique retailers, to the&nbsp;Dromana 3 Drive-In and the picturesque Dromana pier.

Hali, designed by Cera Stribley, reimagines the quintessential Australian beach house of the 1960s.

[smartcode_project:default project_id=147112 project_image_fid=330350]

The development embraces open, airy spaces and natural materials, reflecting the laid-back yet refined lifestyle Dromana is known for.

Blair Property Group Director Darren Blair, who is exclusively selling Hali, says it is the next logical step for some - a chance to downsize without compromise.

"Large, light-filled homes with thoughtful floorplans, optional lifts, and lock-up-and-leave convenience offer a lifestyle upgrade, not a trade-off," Blair says.

"For others, it’s the beach house dream made real: a place for epic summers with the kids, backyard barbecues after long days by the bay, and ultimately a full-time home for the next chapter of life."

Blair says it’s not just the exceptional architecture by Cera Stribley or the proximity to the pier, cafes, and wineries that’s driving early interest—it’s the chance to truly own your space.

"Buyers are already customising their homes, adding lifts and design features that speak to how they want to live. And that’s the real appeal: a home that fits you, in a place that feels like it always has.

The few buildings that were on the prime site have started to be demolished, and civil works on the land will begin in the coming months. Completion of Hali is slated for mid-2027.

[smartcode_project_cta:default project_id=147112]

Hali introduces a new way to live in Dromana’s timeless coastal charm

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.

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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.

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The presence of parks, community centres, and shared spaces fosters a lively atmosphere, encouraging residents to engage in various activities and events. The vibrant lifestyle within these developments creates a unique sense of belonging and camaraderie among the residents.

<h3>Potential for higher rental yields and property value appreciation</h3>

Mixed-use developments tend to attract a broad range of tenants and buyers due to their versatile nature. This high demand can result in higher rental yields for investors and potentially lead to property value appreciation over time.

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The integration of commercial and retail spaces attracts businesses, which can provide a stable rental income stream. Additionally, the popularity of mixed-use developments often drives up property values, making them a potentially lucrative investment in the long term.

<h3>Enhanced security and maintenance</h3>

Mixed-use developments typically have comprehensive security measures in place. With controlled access points, CCTV surveillance, and professional security staff, residents can enjoy enhanced safety and peace of mind.

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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?

Local Gold Coast developer&nbsp;<a href="https://www.urban.com.au/developers/aniko-group">Aniko Group</a> has officially launched the first stage of The Landmark, a $2.5 billion masterplanned, mixed-use development in Mermaid Beach.

With construction now underway, the project marks one of the most ambitious and transformative undertakings in Queensland’s recent history.

[smartcode_project:default project_id=134338 project_image_fid=311027]

The Landmark will comprise four towers with a mix of apartments, premium commercial space, fine dining, and a 5-star internationally branded hotel.

The first stage of the project will complete in 2027,&nbsp;through Aniko's own construction arm, Aniko Constructions. 240 apartments are part of the first release.

George Mastrocostas, Founder and Managing Director of Aniko Group, said the project has been years in the making.

"[It]&nbsp;embodies our long-held aspiration to create something truly exceptional,” Mastrocostas said.

“To simultaneously launch and begin construction on <a href="https://www.urban.com.au/new-apartments/the-landmark-mermaid-beach-14-seaview-avenue-mermaid-beach-qld-4218">The Landmark</a> represents more than just a milestone; it’s a clear and confident statement about our intent and capability."

“Having our in-house construction team build The Landmark allows us to maintain oversight across every detail and progress with absolute confidence, even as the broader industry faces significant headwinds.”

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Located on the corner of Seaview Avenue, the site places residents within walking distance of Pacific Fair, The Star Casino, and the bustling precincts of Broadbeach and Mermaid Beach.

Created in collaboration with acclaimed design firm <a href="https://www.urban.com.au/architects/plus-architecture">Plus Architecture</a>, the residences feature spacious two- and three-bedroom layouts, many with dedicated study nooks, designed to capture panoramic views of the coastline, hinterland, and cityscape.

A suite of amenities will be available exclusively to residents, including a lagoon pool, pickleball court, golf simulator, arcade, Pilates studio, spa, sauna, and a state-of-the-art gym.

[smartcode_project:default project_id=134338 project_image_fid=311033]

“We’ve imagined The Landmark as far more than a place to live, it’s a lifestyle precinct that brings together community, wellness, entertainment, and world-class design,” Mastrocostas added.

“We’re proud to contribute something of enduring value to the Gold Coast. This development will generate jobs, elevate expectations, and enrich the urban fabric of our city. It’s a privilege to play a role in shaping that future.”

Construction of stage one is now underway.

[smartcode_project_cta:default project_id=134338]

George Mastrocostas, Founder and Managing Director of Aniko Group, said the project has been years in the making

Aniko Group breaks ground on $2.5 billion The Landmark in Mermaid Beach

Luxury builder-developer GRAYA is continuing its push to deliver high-end apartment living to Brisbane’s inner-ring suburbs.

Led by brothers Rob and Andrew Gray, <a href="https://www.urban.com.au/developers/graya">GRAYA</a> is making its mark in <a href="https://www.urban.com.au/developments/hamilton-qld-4007">Hamilton</a>, a suburb where the team has already delivered Scorpia and Larq, two of the suburb's most impressive homes.

Their latest vision is in the multi-residential space, with a bold new mixed-use development planned for 63-71 Racecourse Road — a prominent 3,614 sqm site that also incorporates 12 Balowrie Street.

The proposed development, dubbed <a href="https://www.urban.com.au/new-apartments/the-gallery-63-71-racecourse-road-hamilton-qld-4007">The Gallery</a>, will feature 37 apartments across four storeys — a mix of nine two-bedroom and 28 three-bedroom residences — and will be topped by an 800 sqm rooftop retreat complete with a pool. At ground level, eight boutique retail spaces will activate the street.

<img alt="Galley" data-entity-type="file" data-entity-uuid="43ebd632-e789-4a6b-91b9-2203d9b33888" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-06-11%20at%2011.23.08%E2%80%AFAM.png?VersionId=TrTRwggvE1dgilrQdIURyaheNPyly8Wm" />

“Occupying a pivotal corner of Hamilton’s Racecourse Road, The Gallery introduces a layered precinct that responds to both place and climate,” said architects bureau^proberts in the planning documents.

“Designed as both a civic anchor and a place of connection, the project reimagines the traditional high street through a contemporary Queensland vernacular — delivering a vibrant, village-like environment that draws from architecture, landscape, and community.”

The development occupies an entire street block at the intersection of Racecourse Road and Kent Street, establishing a strong civic presence while echoing the area’s architectural heritage. Drawing from the timber Queenslanders that populate Hamilton’s hillsides and the masonry buildings at either end of the high street, the design combines broad verandahs, green trellises, and finely crafted stone plinths to create a subtropical character unique to the precinct.

At ground level, laneway-style retail pods inspired by European villages are nestled beneath the concrete undercroft, forming a lushly landscaped market environment, bureau^proberts says. Pedestrian paths wind through the site to a green central courtyard — the heart of the development and a key public-facing element.

“As a catalytic project for Racecourse Road, The Gallery is more than a building — it is a place of activation, engagement, and renewal,” bureau^proberts added.

“Through a design-led approach that fuses subtropical architecture with lush greenery and artisanal retail, it sets a new benchmark for high-quality, community-oriented development in Hamilton.”

<img alt="Galley" data-entity-type="file" data-entity-uuid="fcf4f5b3-69dc-42c7-8cde-b8e95f6935b4" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-06-11%20at%2011.23.14%E2%80%AFAM.png?VersionId=ENB7sm_MTZZNwWbSQyD_RbP3Pl1GzWIR" />

At the core of The Gallery’s identity is the Stone Arbour — a series of sculpted stone plinths at street level that ground the building in both place and history. These robust elements draw from the corbelling techniques found in nearby heritage fences and public buildings, as well as the Hamilton Tuff stone that defines the area’s geological character.

GRAYA has become one of South East Queensland’s most recognisable luxury developers in the last few years.

While originally focused on bespoke homes in Brisbane’s most prestigious suburbs — including Teneriffe, New Farm, and Paddington — the company has successfully expanded into multi-residential projects in both Brisbane and the Gold Coast.

Notable developments include two New Farm projects, <a href="https://www.urban.com.au/buildings/maison-new-farm-60-moray-street-new-farm">Maison</a> and <a href="https://www.urban.com.au/buildings/chalk-by-graya-228-230-moray-street-new-farm">Chalk</a>, and <a href="https://www.urban.com.au/buildings/canvas-bulimba-30-love-street-bulimba-qld-4171">Canvas</a> in Bulimba. They recently launched their first true high-rise,&nbsp;<a href="https://www.urban.com.au/new-apartments/enclave-by-graya-118-old-burleigh-road-broadbeach">Enclave</a> in Broadbeach, selling half of the 23 apartments on its launch.

Their other Gold Coast developments include Ripple and <a href="https://www.urban.com.au/new-apartments/kloud-palm-beach-154-jefferson-lane-palm-beach">Kloud</a>, both in Palm Beach.

The proposed development, dubbed The Gallery, will feature 37 apartments across four storeys

First look exclusive: GRAYA expands Hamilton presence with The Gallery apartments

International DJ Paul Fisher and wife Chloe put a significant emphasis on health, balance, and calm, as much as they did architectural excellence when planning their maiden new Gold Coast apartment development.

The result is <a href="https://www.urban.com.au/new-apartments/pescado-palm-beach-228-230-jefferson-lane-palm-beach-qld-4221">Pescado</a>, just seven luxury apartments designed in collaboration with renowned <a href="https://www.urban.com.au/architects/bda-architecture">BDA Architecture</a>.

For the Fishers, who will retain the two-level penthouse, Pescado is a deeply personal undertaking shaped by their commitment to health and wellbeing.&nbsp;

“Looking after our health and wellbeing is essential for us, it keeps us grounded and connected,” Fisher said.&nbsp;

“Anyone who knows me knows that wellness plays a huge part in my daily life, whether it’s training, surfing, breathwork, or recovery sessions.&nbsp;

“We wanted Pescado to capture that same feeling: a place that brings an immediate sense of calm, while offering real tools to support your wellness journey, from the ice baths to the gym and beyond.&nbsp;

“This is a home designed to help people feel their best every single day, with nature right on the doorstep.&nbsp;

“Whether it’s peaceful walks on the sand, early morning surfs, or heading into the hinterland for hikes and swims in Currumbin and Tallebudgera’s waterfalls, it’s these simple, grounding rituals that shaped the vision for Pescado.”

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Wellness features are woven through Pescado’s design, including a resort-style pool, state-of-the-art gym, cold plunge pools, and peaceful BBQ and dining spaces – all designed to foster relaxation, vitality, and connection.&nbsp;

Chloe Fisher, who led the interiors, said functionality and wellness have been paramount in every design decision.&nbsp;

“It’s about creating a home that makes you feel good every day,” said Mrs Fisher.&nbsp;

“We’ve thought carefully about how each space works, not just how it looks – using organic textures, neutral tones, and premium appliances to ensure every detail contributes to a sense of ease and comfort.”

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Each residence features three bedrooms, a multi-purpose room, and three bathrooms, with expansive open-plan layouts, generous outdoor areas, and high-end finishes that blend elegance with liveability. Kitchens are fitted with Gaggenau appliances, offering the ultimate in performance and precision, reinforcing Pescado’s commitment to quality at every level.&nbsp;

Darren Greenaway, Director of BDA Architecture, said the building’s wave-inspired design reflects the journey from energy and movement to calm and restoration.&nbsp;

“Our goal was to create a building that immediately evokes a sense of peace,” Greenaway said.&nbsp;

“From the soft, flowing forms of the façade to the light-filled interiors, every element is designed to provide residents with a true sanctuary.”&nbsp;

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The collaboration between YLB Property Development and local builder <a href="https://www.urban.com.au/builders/hnkn">HNKN</a> ensures construction will progress smoothly, with a focus on craftsmanship and attention to detail.&nbsp;

Sales are being managed exclusively by Pezet Matheson, with construction expected to commence later this year.&nbsp;

Jayde Pezet, Managing Director of Pezet Matheson, said Pescado is already attracting significant interest from buyers who are increasingly prioritising wellness and lifestyle in their property choices.&nbsp;

“We are seeing really strong early momentum for Pescado, which reflects the growing demand for homes that offer more than just luxury finishes,” said Pezet.&nbsp;

“Buyers today want spaces that genuinely enhance their quality of life, and Pescado delivers that through its thoughtful design and wellness focus.”&nbsp;

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Chloe Fisher, who led the interiors, said functionality and wellness have been paramount in every design decision

Wellness takes centre stage as Pescado ignites buyer demand in Palm Beach

A landmark gated community on the Gold Coast’s Isle of Capri is nearing completion, with <a href="https://www.urban.com.au/new-townhouses/capri-villas-81-salerno-street-isle-of-capri-qld-4217">Capri Villas</a> unveiling its suite of private, resort-style amenities ahead of welcoming residents later this year.&nbsp;

Priced from $2.4 million, only 10 of the 48 architecturally designed villas remain available.

Developed by <a href="https://www.urban.com.au/developers/monaco-property-group">Monaco Property Group</a>, the community offers one of the most comprehensive amenity offerings ever delivered on the exclusive island, including a designer pool with submerged lounges, a resident lounge, outdoor BBQ and dining pavilion, all set within secure landscaped surrounds.&nbsp;

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Designed by <a href="https://www.urban.com.au/architects/plus-architecture">Plus Architecture</a>, each of the villas has been carefully considered, from solid concrete construction and suspended slabs to soaring double-height entry voids and spa-style master ensuites with freestanding tubs.&nbsp;

Engineered timber floors, natural stone surfaces, and expansive glazing create a warm, tactile environment, while outdoor courtyards and custom joinery encourage seamless indoor-outdoor living.&nbsp;

Open-plan interiors are anchored by statement kitchens, each equipped with premium Gaggenau appliances, Vintec wine fridges, integrated French-door refrigerators, natural stone island benchtops, hidden walk-in pantries, and soft-close cabinetry, designed for both form and function, whether entertaining or enjoying everyday life.&nbsp;

Each villa features three or four bedrooms, open-plan living, private courtyards, secure double garage, a configuration that has resonated with downsizers and lifestyle-driven buyers seeking low-maintenance living with quality and space.&nbsp;

&nbsp;

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Capri Villas will host a public Open Day on Saturday, June 14, offering guests the first look at the newly completed Villa 1 Display Suite and unveiling of the resort-style amenities. Visitors can experience the Capri lifestyle firsthand while enjoying freshly brewed coffee and light nibbles from local Isle of Capri favourites Bisou Bakery and Manolas.

Jonathan Grasso, co-founder of developer Monaco Property Group, said the strong early sales reflected the demand for homes that deliver not only on design but on amenity and location.&nbsp;

“Capri Villas has attracted a high level of interest from both local and interstate downsizers looking for a secure, low-maintenance home without compromise," Grasso said.

"We’re also seeing a growing number of families purchasing for their children as a way to help them enter the property market in a meaningful way. The combination of premium design, gated security, shared amenities, and a central address has drawn in residents who value quality, privacy, and a true sense of place.”

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Located at 81 Salerno Street, Capri is just 800 metres from the Capri on Via Roma retail and dining precinct, and within easy reach of schools, the beach, and Gold Coast cultural and health hubs.&nbsp;

Construction is being delivered by award-winning builder <a href="https://www.urban.com.au/builders/greyburn">Greyburn</a>, with the first residents expected to move in from late July and final handovers completed before the end of the year.

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Exclusive Isle of Capri Development to Host Open Day June 14; Display Villa Now Complete 

Capri prepares to welcome residents to resort-style villa community on Isle of Capri

The Southern Gold Coast continues to attract buyers seeking sun and surf, especially downsizers and lifestyle-driven investors shifting away from traditional beachfront palaces toward more approachable, flexible apartment living.&nbsp;

In Market Insights EP 97, Urban.com.au CEO Mike Bird sits down with <a href="https://www.urban.com.au/project-marketer/srq-projects">SRQ</a>’s Nicholas Clydsdale to unpack this transformation, why demand is soaring in places like Rainbow Bay, and how developers are navigating a more measured but still highly competitive market.

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Clydsdale says the post-COVID real estate wave reshaped both buyer behaviour and developer strategies in Southeast Queensland.

“What we saw was that the prime beachfront market was very well serviced,” he explains. “A lot of developers from the south, along with a lot of interstate migrants, decided to bring forward their retirement plan or alter their lifestyle. They wanted to live on the beach in the Gold Coast.”

But now, the focus has shifted toward “A-minus” product—still beach-adjacent but more accessible in price.

“We’re seeing a real resurgence in the A-minus market,” Clydsdale says. These are typically two or three-bedroom residences, ideal for buyers who want flexibility.

“It’s a lock and leave holiday home, but they might also want to let it out in a holiday-let style business.”

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SRQ’s work with Brisbane-based developer <a href="https://www.urban.com.au/developers/chapter-two">Chapter Two</a> on the <a href="https://www.urban.com.au/new-apartments/holm-rainbow-bay-44-50-eden-avenue-coolangatta">Holm Rainbow Bay</a> project illustrates how developers are responding to the market’s evolving preferences.

The project was launched around two and a half years ago, at a time there were no builders.

"The market was quite chaotic," Clydsdale recalls.

Instead of pushing ahead under pressure, Chapter Two and SRQ paused the release, reframed the project, and later re-entered the market. Six months after starting construction, the project is now over 80 per cent sold.

Holm consists of 87 two and three-bedroom apartments and a handful of four-bedroom townhouses, designed by Plus Architecture.

Crowning the 12-level building will be a residents' club featuring a 25-metre rooftop pool, spa, sauna, steam room, yoga deck, outdoor dining area with barbecue facilities, and a fire pit.

Additional features will include a gymnasium, a work-from-home area, a library, and a function room.

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Another emerging trend, Clydsdale says, is longer-term planning from buyers. Rather than making immediate moves, many are purchasing apartments off-the-plan with two to three-year completion horizons.

“What we've seen is a specific trend in the last six months is buyers - whether they're in Brisbane, Sydney, or Victoria - come up and do two or three holidays and hone in on the area. Rather than going the whole hog and selling the house, they'll buy a two-bedroom or a smaller three-bedroom apartment and look forward to take delivery in two or three years."

These buyers often retain their existing homes while gradually preparing for a future relocation to Southeast Queensland. For some, the timeline from purchase to full relocation may stretch to a decade.

Clydsdale highlights southern coastal areas such as Burleigh, Palm Beach, Coolangatta, and Rainbow Bay, as well as northern New South Wales towns like Kingscliff and Cabarita, as current areas of strong buyer interest.

He adds that projects in the range of 20 to 150 apartments are striking the right balance.

“From a buyer’s point of view, it's not just investment stock. They’re more livable. But also from a delivery point of view and a risk point of view for a buyer, there are a lot more builders out there in that project size. There's a lot more certainty of delivery and of quality.”

SRQ's next project to launch is <a href="https://www.urban.com.au/new-apartments/the-frederick-2265-2267-gold-coast-highway-mermaid-beach-qld-4218">The Frederick at Nobbys Beach</a>&nbsp;by <a href="https://www.urban.com.au/developers/big-projects">Big Projects</a>.

[smartcode_project_cta:default project_id=109905]

“What we've seen is a specific trend in the last six months is buyers - whether they're in Brisbane, Sydney, or Victoria - come up and do two or three holidays and hone in on the area," Clydsdale says

Michael Bird

Gold Coast buyers starting to think longer-term: Five minutes with SRQ Projects Director Nick Clydsdale

There arguably hasn’t been as much national—or even international—fanfare for a Gold Coast apartment development as there has been for the recent launch of <a href="https://www.urban.com.au/new-apartments/pescado-palm-beach-228-230-jefferson-lane-palm-beach-qld-4221">Pescado</a> in Palm Beach.

The project is being undertaken by international DJ Paul Fisher and his wife Chloe. The couple, who have just launched YLB Property Development, intend to make the two-level penthouse their base when they’re back in Australia.

The remaining six levels will each comprise a full-floor apartment, set behind a striking curved facade by locals BDA Architecture.

Beyond the fanfare of the launch, genuine interest in the apartments has been strong, according to <a href="https://www.urban.com.au/project-marketer/pezet-matheson">Pezet Matheson</a> Managing Director Jayde Pezet.

"Buyers may have been alerted to the project because of the broader-than-usual media coverage it received at launch, but genuine buyers look beyond that and recognise the level of finish and detail," Pezet says.

While enquiries have come from both local and interstate buyers, it's locals who are showing the most interest.

"Everyone on the Gold Coast loves Palm Beach, and Jefferson Lane is the best street in the suburb," Pezet says.

I recently caught up with Jayde to discuss the project in more detail.

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“With this project being so important to Paul and Chloe, and being what they refer to as their forever home, they’ve looked at it and gone, ‘We are going to make this project within code.’”

The result is a low-density, high-amenity development that emphasises lifestyle and spatial quality rather than volume.

Each of the six full-floor residences spans around 325 sqm and have three bedrooms, an MPR, ocean-facing balconies, and interiors inspired by the Fishers' global travels.

All residences have access to a suite of wellness-focused communal spaces, including a pool, gym, and cold plunge facilities - features reflective of the Fishers’ personal lifestyle, which Pezet describes as “heavily wellness-oriented.”

“They're both incredibly into wellness - they eat super clean, they exercise, they ice bath - and you'll see that as a reflection in the project's amenity but also in the way they live their life,” he said.

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With prices ranging from $5.25 million to $7.1 million, Pescado is targeting a narrow but clearly defined buyer pool.

"We've still had an incredible amount of interest from baby boomers, but there have been younger people that have been inquiring also," said Pezet.

[smartcode_project_cta:default project_id=149651]

Each of the six full-floor residences spans around 325 sqm and have three bedrooms, an MPR, ocean-facing balconies, and interiors inspired by the Fishers' global travels

A "passion project" not to be repeated: Inside DJ Fisher's Pescado Palm Beach with Jayde Pezet

South East Queensland builder-developer <a href="https://www.urban.com.au/developers/gardner-vaughan-group">Gardner Vaughan Group</a> (GVG) is creating a new mixed-use village in its native Nundah, a suburb they’ve called home for decades.

Close to their heart, GVG called on community feedback during the planning and design phase of what will not only be a rare opportunity to live in a brand new apartment with doorstep retail and hospitality venues, but also their future home, as they plan to relocate their current Union Street office into the development.

The new project, <a href="https://www.urban.com.au/new-apartments/danby-lane-nundah-village-5-danby-lane-nundah-qld-4012">Danby Lane</a>, named after its location just across from Nundah Village shopping mall, will bring 84 one, two, and three-bedroom apartments to the heart of Nundah.

To find out more about Danby Lane, I caught up with GVG Director Sam Gardner to chat about the project.

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From the outset, Gardner made it clear that Danby Lane was about more than bricks and mortar — it was about trust.

“Nundah’s probably got one of the strongest communities we've ever encountered,” Gardner said. “They like to be included or brought along on the journey of things like this.”

[smartcode_project:default project_id=112531 project_image_fid=320117]

Gardner described a three-year process of community engagement prior to construction, including face-to-face consultations and on-site information stalls.

“There is and remains a negative connotation behind development,” Gardner said. “There is this sense that the developer is bullying their way in, taking a piece of land and making a huge amount of profit on it. We really wanted to change that perception in Nundah.”

It’s a strategy that appears to have worked. While Nundah residents have previously voiced strong opposition to new developments in the area, Danby Lane progressed with community support.

[smartcode_project:default project_id=112531 project_image_fid=340186]

&nbsp;

“We're quite proud that we've become the builder-developer of choice in Nundah,” Gardner said. “Our headquarters is currently in another building we developed 10 years ago.”

At street level, Danby Lane will include six retail and commercial tenancies. GVG is actively working to attract operators that will complement the existing neighbourhood offer.

“One of the main things we target in these sites is the walkability score, the convenience,” Gardner said. “We are doing a lot of work in the design of the retail space at the bottom of Danby to get some more slow-down restaurants included.”

[smartcode_project:default project_id=112531 project_image_fid=320114]

This aligns with broader trends in suburban intensification, where residential density is paired with retail amenity and improved public interface.

With 84 residential apartments atop two levels of commercial and retail space, Danby Lane is designed with a mix of buyers in mind.

GVG reports interest from a range of buyer groups, particularly downsizers and local residents seeking to remain in the area without the upkeep of a standalone home.

“We're looking at people who don't necessarily want to move out of the area that they love,” Gardner said.

[smartcode_project:default project_id=112531 project_image_fid=340133]

The location is also attracting buyers who travel frequently.

“Being in between the Brisbane CBD and the airport really has a good opportunity there to target people who travel a lot. We have received a number of leads and people interested in buying for that reason,” he noted.

[smartcode_project:default project_id=112531 project_image_fid=340194]

Danby Lane marks the latest in a series of developments by Gardner Vaughan Group across South East Queensland.

Construction of Danby Lane is now underway, with completion anticipated in 2027.

[smartcode_project_cta:default project_id=112531]

From the outset, GVG Director Sam Gardner made it clear that Danby Lane was about more than bricks and mortar — it was about trust.

Why Danby Lane in Nundah is more than just a project for Gardner Vaughan Group: Five minutes with Sam Gardner

Brisbane’s James Street is set to welcome a transformative new addition with the arrival of James Place - a landmark mixed-use development from leading Queensland developer, <a href="https://www.urban.com.au/developers/forme?referrer=Forme">Forme</a>.

Acclaimed architects Richards &amp; Spence have designed the new commercial and retail precinct set for 75-85 James Street, where construction recently kicked off through Graya.

James Place will home&nbsp;over 8,700 sqm of premium boutique retail, hospitality, wellness, commercial office space, and an elevated rooftop venue with sweeping city views.

The six-level architectural statement will house flagship fashion labels, celebrated restaurants, and next-generation workplace environments, anchored by a lush, light-filled central plaza designed to foster community and connection.

<img alt="James Place" data-entity-type="file" data-entity-uuid="fbbf9903-e6e6-42a0-9322-606cef3892b3" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-06-05%20at%205.17.01%E2%80%AFAM.png?VersionId=FvGjD8UFQWyOp.e4nw.lEMd7_rGiC89D" />

“James Place is a considered evolution of James Street - crafted to enhance the precinct’s unique rhythm and character,” said David Calvisi, Managing Director of Forme.

“We are redefining design excellence - creating a space that is both timeless and innovative. Our vision is to extend the iconic aesthetic of James Street, with every detail reflecting our commitment to quality and our reputation for delivering exceptional projects.”

<img alt="James Place" data-entity-type="file" data-entity-uuid="46727ede-fb10-4754-9dd2-9a076c3cd700" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-06-05%20at%205.17.11%E2%80%AFAM.png?VersionId=OLdbO6OUgfJAhrlJTut2rUw27cPLl8_o" />

With dual street frontages, landscaped laneways, and an integrated streetscape, James Place invites discovery at every turn. Forme will retain an ongoing curatorial role in the precinct’s operation, ensuring its tenant mix remains best-in-class and continues to reflect the culture and sophistication of the James Street community.

The precinct is already&nbsp;attracting national interest from leading retail and commercial tenants.&nbsp;James Place is now under construction, with completion expected by late 2026.

Forme is well known for creating two of Burleigh Heads' landmark apartment developments. Both <a href="https://www.urban.com.au/buildings/luna-50-goodwin-terrace-burleigh-heads">Luna</a> and <a href="https://www.urban.com.au/buildings/norfolk-burleigh-heads-46-goodwin-terrace-burleigh-heads">Norfolk</a>, on the dress circle Goodwin Terrace, were among some of the first Gold Coast buildings designed by legendary Japanese architect Koichi Takada, and have each won a string of awards.

They also have an upcoming mixed-use project on <a href="https://www.urban.com.au/new-apartments/31-doggett-street-teneriffe">Teneriffe's Doggett Street</a>, just 18 apartments in a six-level building with retail and office space.

The precinct is already attracting national interest from leading retail and commercial tenants

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