Consolidated Properties Group (CPG) has agreed to acquire the last remaining absolute riverfront development site in Brisbane’s blue-chip Newstead, unveiling plans to develop a landmark inner northern residential project that CPG says will be a signature building for the river city.

CPG has paid $64.5 million for the 9,368 sqm site at 47 Skyring Terrace in an off-market deal from&nbsp;Mirvac. The site is situated just 1.5 kilometres from the CBD and within walking distance to some of Brisbane’s best-known dining and retail destinations, including Gasworks and James Street.

The site features 47 metres of direct river frontage within one of the city’s most tightly held precincts. Zoned for Mixed Use, it has potential for up to 42,000sqm total floor space and a maximum building height of 25 storeys under the Brisbane City Plan.

The acquisition follows the success of CPG’s $450 million absolute riverfront Monarch Residences apartment project currently nearing completion and sellout at Toowong in Brisbane’s inner west.

CPG CEO and Chairman Don O’Rorke says the Newstead site offers an equally rare opportunity to deliver a super-premium luxury residential apartment building in a prime inner-city location.

“Sites like this are as rare as it gets,” O’Rorke said.

“We thought Monarch might be a one-off, but at Newstead we’ve been fortunate to have the opportunity to create another iconic residential address right in the heart of the city on the Brisbane River – this will be something elevated in every sense, something truly special.”

CPG plans to lodge a development application (DA) later this year with multi-award-winning architects, Woods Bagot, who are already working on concept plans.

<img alt="CPG" data-entity-type="file" data-entity-uuid="adcd3c91-a0bb-46f8-b08e-623357e3f75c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-07-03%20at%208.55.14%E2%80%AFAM.png?VersionId=FzhQQPi_onxhjFCo7u5kdX6O7KIDABTj" />

CPG Head of Residential, James MacGinley, says the development will include a mix of boutique riverfront villas and 2- and 3-bedroom apartments with spectacular north-east views up the river towards Hamilton Hill.

“This large riverfront site with a perfect north-east aspect is an architect’s dream. It is peerless and there is no better development site in Brisbane. We plan to do it justice and deliver a signature building for the city," MacGinley said.

Transacted off-market by Colliers Queensland Residential Directors Brendan Hogan and Troy Linnane, the purchase sees CPG again teaming up with its construction partner on Monarch Residences, Hutchinson Builders, to deliver the apartments. Colliers Queensland Residential Director Brendan Hogan said demand for prestige development opportunities in Brisbane was outpacing supply.

“Opportunities like this simply don’t come up anymore. This is the last of its kind on the Newstead waterfront and arguably the best-located residential site in the city,” Brendan Hogan said.

“We’re seeing exceptional demand in the premium apartment market, with ‘off-the-plan’ riverfront apartments achieving prices over $35,000/m2 of net (internal) saleable area.

“The surge in apartment prices is largely driven by the demand from owner-occupiers who are seeking premium and larger apartment stock, which has accounted for the majority of sales in the market over the past two years,” Brendan Hogan added.

The site acquisition reflects broader supply-side pressure in Brisbane’s residential pipeline.

Population forecasts show Brisbane will grow by more than 500,000 people during the next decade - faster than both Sydney and Melbourne - and inner-Brisbane is expected to face a shortfall of over 14,000 new apartments in the next four years alone, according to SQM Research.

“We know Brisbane is the nation’s fastest-growing city with unlimited potential and we’re building for that future,” O’Rorke added.

CPG CEO and Chairman Don O’Rorke says the Newstead site offers an equally rare opportunity to deliver a super-premium luxury residential apartment building in a prime inner-city location

Joel Robinson

Consolidated Properties buys riverfront Newstead site from Mirvac

ASX-listed developer Lendlease has secured approval for their new Sydney apartment project, <a href="https://www.urban.com.au/new-apartments/one-darling-point-darling-point-road-edgecliff-nsw-2027">One Darling Point</a>.

The circa $500 million project, which will sit on the border of Darling Point and Edgecliff, will comprise 41 two-, three-, and four-bedroom apartments, each with views of the&nbsp;Sydney Harbour or eastern views stretching from Double Bay to Vaucluse.

The design, by Australian architecture studio Tzannes,&nbsp;is distinguished by a publicly accessible through-site link, which thoughtfully integrates and celebrates the existing heritage-listed Commonwealth Bank building from 1941. The ground floor will feature a curated selection of retail, commercial, and hospitality spaces, seamlessly activating the streetscape.

A four-bedroom penthouse will crown the 17-level building, complete&nbsp;with a rooftop pool and a private terrace.

The project has been assessed under the NSW Government’s recently established in-fill affordable housing scheme and incorporates 15 per cent floor space dedicated to affordable housing for key workers. As a result, the development will include 18 one-, two-, and three-bedroom apartments for essential services workers in the education, healthcare, childcare, social and emergency sectors.

One Darling Point is being delivered in partnership with Mitsubishi Estate Asia (MEA), the sixth time the duo have worked together following projects One Sydney Harbour, Sydney Place, Melbourne Quarter’s East Tower, and One Circular Quay currently under construction.

&nbsp;

Tom Mackellar, CEO Development Lendlease, said the NSW Government's new streamlined planning pathway has accelerated the approval process for One Darling Point.

"Development approval has been secured just five months after public exhibition enabling us to quickly move forward with the project, bringing new homes and jobs to Sydney.

“One Darling Point brings our renowned luxury residential experience to a prime location in Sydney’s East, and will deliver the highest standards of quality and design, alongside the expertise of Tzannes and Alexander &amp;CO.”

The joint venture partners bought the 1,748 sqm, 1 Darling Point Road site, last year from Anka Property Group, who after years of back and forth with the Woollahra Council, had secured an unprecedented uplift in height.

Tom Mackellar, CEO Development Lendlease, said the NSW Government's new streamlined planning pathway has accelerated the approval process for One Darling Point

First look: Lendlease secures approval for One Darling Point

<a href="https://www.urban.com.au/developers/charter-hall">Charter Hall</a>’s near-$1 billion Hyde Park tower proposal has secured crucial support from the City of Sydney’s planning committee, marking another step forward in reshaping Elizabeth Street.

The mixed-use project at <a href="https://www.urban.com.au/new-apartments/201-elizabeth-street-sydney-nsw-2000">201 Elizabeth Street</a>, on the corner of Park Street and opposite Hyde Park, has been under the spotlight since plans were lodged in late 2024. Now under assessment by the NSW Department of Planning for final determination, the 55-storey scheme combines hotel and residential components in one of the CBD’s most high-profile corners.

Pending final approval, demolition can commence on the existing Pacific Power Building, a 38-level office block originally completed in 1978. The 3,900 sqm site connects directly to Museum Station via underground pedestrian links - a strong locational advantage for future residents and hotel guests alike.

<img alt="Sydney skyline transformation to continue as Charter Hall pitch near-$1 billion skyscraper" 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/201%20-%20217%20Elizabeth%20Street%2C%20Sydney.png?VersionId=wxmccer91Ts7gSOKSUID_tbf1mCPjyrJ" />

The $925 million development will deliver 441 hotel rooms across levels 1 to 11, with apartments starting from level 12 upwards. Buyers will have access to a genuine mix of apartment configurations: 67 one-bedders - a relative rarity in new Sydney CBD stock - along with 123 two-bedroom, 58 three-bedroom, and 16 four-bedroom apartments, a total of&nbsp;264 units.

The design by FJC Studio, selected through a competitive design process, breaks up the tower into three visually distinct sections to create what the architect describes as an "urban repair" along Elizabeth Street. The staggered forms aim to maximise views east over Hyde Park and north towards Sydney Harbour, while also reducing overshadowing across the parklands.

<img alt="Sydney skyline transformation to continue as Charter Hall pitch near-$1 billion skyscraper" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-11-04%20at%2010.15.05%E2%80%AFAM.png?VersionId=ADJyPnxYIZJ_vmEkQAw.zX3AS1jyaFAu" />

Sustainability is a focus, with plans targeting a 5-Star Green Star Buildings v1 rating, a 4-Star NABERS Hotel Energy rating, and a 3-Star NABERS Hotel Water rating. The building is also designed to exceed baseline BASIX standards.

Charter Hall’s proposal joins a cluster of major projects set to reshape this prime Hyde Park corridor. Just up the road, Central Element’s $100 million project at 271 Elizabeth Street will bring 53 apartments above new retail spaces, replacing the Hyde Park Inn hotel. Fife Capital has plans for a 17-level office and apartment redevelopment at 139 Elizabeth Street, further cementing the area’s shift towards a new mixed-use identity.

With its strategic location, diverse apartment mix, and integration of hotel amenities, Charter Hall’s project is expected to draw strong buyer and investor interest once it hits the market.

The $925 million development will deliver 441 hotel rooms and 264 apartments

City of Sydney backs Charter Hall’s $925m Hyde Park tower

South Mel​bourne’s Domain precinct is no stranger to transformation, but <a href="https://www.urban.com.au/buildings/the-eighth-south-melbourne-22-kings-place-south-melbourne-vic-3205">The Eighth</a> signals a new kind of shift - one that places lifestyle, wellness, and design on equal footing.

“When <a href="https://www.urban.com.au/developers/crema-group">Projects by Crema</a> set out to develop in <a href="https://www.urban.com.au/developments/south-melbourne-vic-3205">South Melbourne</a>, they wanted to create more than just an apartment project - they wanted to create a lifestyle hub,” says Taylor Dow, Managing Director at <a href="https://www.urban.com.au/project-marketer/dow-real-estate">DOW Real Estate</a>.

That vision has taken shape in an 18-level building that does more than simply house residents. The Eighth combines large-scale apartments, ground-floor hospitality spaces, and a rooftop wellness retreat, creating a true vertical community.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/ytJMAKdAFZM?si=njwYEjHCVuLcOolU" title="YouTube video player" width="560"></iframe>

On the residential levels, privacy is a defining feature. There are only 36 apartments in total, with layouts ranging from one to four residences per floor.&nbsp;

“Floor plans start from a generous 128 sqm up to our half-floor option, which is 256 sqm, and a penthouse soaring to 530 sqm of internal living space,” Dow explains.

[smartcode_project:default project_id=5345 project_image_fid=227030]

Inside, <a href="https://www.urban.com.au/interior-designers/mim-design">Mim Design</a> has approached each apartment as a carefully crafted sanctuary. Natural stone and marble floors, Gaggenau and Liebherr kitchen appliances, and expansive windows connect each space to the sweeping city and bay views beyond.&nbsp;

“Interiors feature natural stone, marble flooring, kitchens with Gaggenau and Liebherr appliances, and full-height windows and doors to take advantage of the elevated views,” Dow says.

[smartcode_project:default project_id=5345 project_image_fid=269726]

Above it all, the rooftop is a standout. More than a shared amenity, it’s designed as a dedicated wellness escape.&nbsp;

“One of the defining features of The Eighth is its private rooftop created as a wellness haven,” says Dow. The space includes a swimming pool, integrated daybeds, and an outdoor bar, offering residents panoramic 360-degree views across Melbourne.

[smartcode_project:default project_id=5345 project_image_fid=269728]

Location, too, plays a central role. Sitting just steps from the new Anzac Station, the Botanic Gardens, and Albert Park, The Eighth connects easily to both the city’s cultural heart and its green spaces.

Only a small number of residences remain available, positioning The Eighth as an option for those who value space, privacy, and an integrated lifestyle experience - all in one of Melbourne’s most connected neighbourhoods.

[smartcode_project_cta:default project_id=5345]

The Eighth: A vertical community reshaping South Melbourne living

Infrastructure developments, both public or private, always drive demand to the suburb in questions. And with increased demand comes price growth.

Auburn, a small multicultural suburb on the fringe of the Parramatta CBD, looks set to become the next Western Sydney hotspot for significant uplift. This momentum follows the NSW Government’s approval to redevelop Auburn Village—the central shopping precinct adjacent to the train station.

The proposed mixed-use development will feature three new residential towers comprising 359 apartments, above a fully redeveloped commercial and retail precinct that includes hospitality venues and a new public plaza.

The project is being hailed as a cornerstone in Auburn’s transformation into a connected, amenity-rich urban centre.

Cumberland Council’s planning framework has been pivotal in shaping the redevelopment. By promoting affordable housing and integrated mixed-use precincts, the council is actively fostering diversity, sustainability, and accessibility—all key drivers of growing interest in the surrounding residential areas.

Set to benefit from the lifestyle uplift brought by the upgraded transport hub and retail offering—as well as the expected appreciation in property values—are purchasers in <a href="https://www.urban.com.au/new-apartments/north-village-auburn-square-35-northumberland-road-auburn-nsw-2144">North Village</a>, the newly launched stage of Auburn Square by developer Tian An LFD.

[smartcode_project:default project_id=149184 project_image_fid=324855]

Following the successful sell-out of stage one across the road, Tian An recently launched North Village to strong demand, with 25 per cent of apartments sold at the public launch.

Ray White WS Projects Managing Director Mark Bernberg said interest in North Village is being fuelled by its central location, trusted delivery partners, and standout buyer protections.

[smartcode_project:default project_id=149184 project_image_fid=324853]

Designed by acclaimed architecture firm Rothelowman, the development will deliver 264 smart-tech enabled one-, two-, and three-bedroom apartments, along with a suite of resident amenities including a gym, cinema, and rooftop garden. A Coles supermarket will anchor the ground-floor retail space.

North Village, currently under construction by iCIRT-rated builder Binah, is expected to be completed by late 2027. It is also the only new development in Auburn to offer the highly sought-after 10-year Latent Defects Insurance, protecting purchasers against structural and waterproofing defects for a full decade after completion.

[smartcode_project_cta:default project_id=149184]

Set to benefit are purchasers in North Village, the newly launched stage of Auburn Square by developer Tian An LFD.

Growth slated for Auburn with shopping centre redevelopment greenlit

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

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

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

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

Every First Home Owner Grant for new property by state

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

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

Urban Editorial

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

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

alisonwarters@gmail.com

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

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

Ellen Walker

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

Sydney’s unit market continued its steady momentum in June, recording a 0.5 per cent rise in values, according to Cotality’s latest Home Value Index.

The strong performance outpaced the city’s housing market, which grew by 0.4 per cent over the same period.

This marks the third consecutive month of gains for Sydney units, bringing them back to a neutral position for 2025 after earlier declines earlier in the year. The median unit value now sits at $856,000.

While still below the 2021 peak, the consistent monthly growth suggests buyer confidence is returning—particularly in well-located, high-amenity areas. Buyers appear to be entering a rising market, even as interest rates trend downward.

On the rental front, unit rents in Sydney have risen 2.6 per cent over the past year, with gross yields sitting at 3.7 per cent—among the lowest of any capital city. However, historically low vacancy rates continue to support tight rental conditions, which may tighten further if migration increases in the second half of the year.

Developers will be monitoring this shift closely, as rising clearance rates and renewed interest at the upper end of the apartment market indicate a resurgence in both owner-occupier and investor demand for premium Sydney stock.

<hr data-end="1410" data-start="1407" />
<h3 data-end="1480" data-start="1412">What happened in Sydney’s off the plan apartment market in June?</h3>

Some of Sydney’s largest developers were active in June, and those bringing new projects to market are benefitting from limited competition.

Sekisui House Australia launched sales at Waterstone, its new St Leonards development adjacent to Newlands Park, to strong market interest.

[smartcode_project:default project_id=134191 project_image_fid=230]

One of the most enquired-about projects on Urban.com.au in June, Waterstone will comprise 207 apartments oriented south towards the Sydney CBD.

The striking, landscape-integrated design was originally conceived by world-renowned Koichi Takada Architects, with TURNER appointed to complete the interiors following Sekisui’s acquisition of the prime Berry Road site.

[smartcode_project:default project_id=134191 project_image_fid=231]

A major focus of the design is its integration with the surrounding environment, with nearly 30 per cent of the site dedicated to communal open space.

The project will feature a north–south green spine and a landscape scheme by ASPECT Studios, providing strong links to Lane Cove Council’s St Leonards South masterplan, as well as nearby pocket parks, walking trails, and bushland reserves.

Read more: <a href="https://www.urban.com.au/news/nsw/sekisui-house-australia-launches-waterstone-in-emerging-st-leonards-south-precinct">Sekisui House Australia launches Waterstone in emerging St Leonards South precinct</a>

<hr data-end="2700" data-start="2697" />
Another successful sales launch came from PERIFA and joint venture partner Mitsubishi Estate Asia, who sold over 40 apartments at their Rozelle Village development.

Approximately $140 million in sales were achieved, largely to local owner-occupiers. Several premium three-bedroom residences sold for as much as $6.9 million.

[smartcode_project:default project_id=8142 project_image_fid=347021]

PERIFA Co-founder and Managing Director Fabrizio Perilli said the team was “thrilled with the level of interest in Rozelle Village."

"It demonstrates the strong demand for well-designed, high-quality homes in the Inner West, and the ongoing appetite we’re seeing for new housing across Sydney.”

Read more: <a href="https://www.urban.com.au/news/nsw/rozelle-village-achieves-strong-results-as-sales-officially-launch">Rozelle Village achieves strong results as sales officially launch</a>

<hr data-end="3483" data-start="3480" />
Developer The One Collection, in collaboration with leading builder Masscon, launched sales at Horizon in Hurstville—its latest acquisition and the final building in a four-stage precinct already home to a Woolworths supermarket and direct access to Kempt Field.

[smartcode_project:default project_id=149850 project_image_fid=278]

The precinct benefits from strong walkability, with a current Walk Score of 81—set to improve with the arrival of St Clair Lane, a new laneway precinct soon to be activated by hospitality, health, and lifestyle retailers.

Above the laneway, 179 one-, two-, and three-bedroom apartments are now available.

Read more:&nbsp;<a href="https://www.urban.com.au/news/nsw/horizon-brings-connected-parkside-living-to-hurstville-s-growing-centre">Horizon brings connected parkside living to Hurstville’s growing centre</a>

<hr data-end="4134" data-start="4131" />
<h2 data-end="4165" data-start="4136">On the planning front</h2>

Hyecorp was active once again in June. After submitting a State Significant Development Application for a 259-apartment project in Roseville in May, the developer has lodged plans for a 28-level tower at 37 Archer Street, Chatswood.

The tower, named Celine, will add 125 apartments to Hyecorp’s growing portfolio, which also includes Audrey in St Leonards—now nearing completion with only a few three-bedroom apartments remaining—and Juliet, a boutique 37-apartment project in Roseville.

Fuse Architects won the design competition for Celine, with the jury praising the proposal for its “strong response to the site context, the originality and thoughtfulness of the architectural approach, and the consideration of the broader Chatswood environment.”

Read more: <a href="https://www.urban.com.au/news/nsw/hyecorp-doubles-down-on-lower-north-shore-with-celine-chatswood-tower">Hyecorp doubles down on Lower North Shore with Celine, Chatswood tower</a>

In the same suburb, Loftex has sought to go higher with their tower on Help Street, triggering the additional height affording to developers who incorporate affordable housing into the apartment mix.

They've filed for a State Significant Development Application for a 35-level tower designed by EM BE CE on a central 2,290 sqm site near the&nbsp;<a href="https://www.urban.com.au/developments/chatswood-nsw-2067" target="">Chatswood</a>&nbsp;Interchange.

EM BE CE won the design competition for what was in 2022 a 127-unit, 27-level tower at 3-5 Help Street, besting&nbsp;schemes from&nbsp;<a href="https://www.urban.com.au/architects/kannfinch" target="">Kann Finch</a>&nbsp;and Nettleton Tribe.

The upscale plans will now see 160 apartments delivered, 32 of those being affordable housing.

Read more:&nbsp;<a href="https://www.urban.com.au/news/nsw/first-look-loftexs-chatswood-tower-goes-public-with-affordable-uplift">First look: Loftex's Chatswood tower goes public with affordable uplift</a>

<hr />
<h2>On the building front</h2>

Deicorp officially broke grounds on their upcoming East Zetland project, The Avenues, in June.

The 2.87-hectare site on Joynton Avenue, previously home to an Ausgrid depot, sits just four kilometres from the&nbsp;<a href="https://www.urban.com.au/developments/sydney-nsw" target="">Sydney</a>&nbsp;CBD and forms part of the broader Green Square renewal zone.&nbsp;

Once complete,&nbsp;<a href="https://www.urban.com.au/new-apartments/the-avenues-zetland-130-joynton-avenue-nsw-2017">The Avenues</a>&nbsp;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&nbsp;<a href="https://www.urban.com.au/developments/sydney-nsw" target="">Sydney</a>’s inner south in recent years, and one that takes a layered approach to scale, tenure and architecture.

Read more:&nbsp;<a href="https://www.urban.com.au/news/nsw/deicorp-to-break-ground-on-the-avenues-zetland-masterplan">Deicorp to break ground on The Avenues, Zetland masterplan</a>

Time &amp; Place, and joint venture partner NPACT, also kicked off construction in June, at their new Manly project, Two Tides.

<a href="https://www.urban.com.au/builders/ultra-building-co">ULTRA Building Co.</a>&nbsp;will deliver the&nbsp;five-level, $100 million coastal development that will complete in Q2 2027.

[smartcode_project:default project_id=141371 project_image_fid=833]

<a href="https://www.urban.com.au/new-apartments/two-tides-manly-9-raglan-street-manly-nsw-2095">Two Tides</a>, on a gateway site at 9 Raglan Street, will comprise 24 luxury apartments above&nbsp;an activated ground-floor retail space, intentionally designed to enhance the local Manly streetscape and seamlessly integrate with the strong existing retail offering that services the area’s daily foot traffic, surrounding businesses, and residents.&nbsp;

Read more:&nbsp;<a href="https://www.urban.com.au/news/nsw/time-place-kicks-of-construction-at-two-tides-manly-with-half-of-the-apartments-sold">Time &amp; Place kicks of construction at Two Tides Manly with half of the apartments sold</a>

What happened in Sydney’s off the plan apartment market in June?

City Beat June 2025: Sydney units continue quiet comeback as new project launches capture off the plan demand

National developer Fortis has submitted a development application for a major residential project on New F​arm’s dress circle Bowen Terrace.

Designed by DKO Architecture, the proposal includes 74 apartments and four standalone houses, replacing the former Palm Lodge aged care facility on a prime 5,727 sqm site at 424 Bowen Terrace.

The seven-level apartment building will front Moreton Street, while the four individual homes will face Bowen Terrace, positioned to maximise views and enhance the streetscape.

In its submission to Brisbane City Council, DK​O stated that the project aims to “create a high-quality residential development which celebrates its location, maximises amenity for future residents, and makes a meaningful contribution to the surrounding community.”

“The architecture draws inspiration from Brisbane’s subtropical character and traditional Queensland housing, incorporating elements such as verandahs, bay windows, deep balconies, and vertical greenery. The apartment building is configured around a U-shaped layout that frames a north-facing courtyard featuring a swimming pool, spa, and wellness zones.”

<img alt="DKO" data-entity-type="file" data-entity-uuid="9ce4fbfe-ffc1-4026-b98b-bccc018b60b9" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-07-02%20at%2012.46.24%E2%80%AFPM.png?VersionId=XiD9KY.niDaW9YfF8G9lsl_rw_S.5.dg" />

&nbsp;

A Heritage Assessment was undertaken due to the site's proximity to the heritage-listed Fingal House at 3 Moreton Street. The broader heritage context includes several properties along Moreton Street and Bowen Terrace that fall within Brisbane’s Heritage Overlay.

In its Heritage Impact Statement, Urbis noted that “the proposed works are not considered to have a detrimental impact on the adjoining Local Heritage Place.”

The report stated that the proposed building massing, material palette, and setbacks have been carefully designed to reflect and respect the surrounding architectural character.

The application follows three rounds of pre-lodgement consultation with Brisbane City Council and early engagement with local residents, including two letterbox drops and nine meetings with neighbours. Community feedback led to several design refinements, including increased setbacks, additional deep planting, and noise mitigation through improved waste collection strategies.

The New Farm proposal follows Fortis’ entry into the Brisbane residential market with River House at Kangaroo Point, currently under construction. The developer also controls a prime Newstead site earmarked for 65 apartments.

Fortis is the development arm of real estate investment group Pallas Group and has a substantial pipeline of projects in Sydney’s Eastern Suburbs, as well as in Richmond and St Kilda in Melbourne.

&nbsp;

&nbsp;

The New Farm proposal follows Fortis’ entry into the Brisbane residential market with River House at Kangaroo Point, currently under construction

Fortis files Bowen Terrace, New Farm apartment plans

Gold Coast developer Sherpa Property Group is expanding into Brisbane.

Building on the success of its new Flourish brand—designed to deliver affordable, well-designed homes to a broader range of buyers—Sherpa has lodged plans for a new project, <a href="https://www.urban.com.au/new-apartments/symphony-21-23-cordelia-street-south-brisbane-qld-4101">Symphony</a>, at 21–23 Cordelia Street, South Brisbane.

The development application follows the strong performance of Flourish Palm Beach, Sherpa’s debut project under the brand. That project sold over 80 per cent of residences within months, generating more than $110 million in sales and highlighting the strong demand for attainable, quality apartments in desirable locations.

Planned for a 1,366 sqm site in South Brisbane, Symphony will offer a mix of one-, two-, and three-bedroom apartments. Prices are expected to start from $695,000, with the development specifically aimed at first home buyers and rightsizers seeking access to the market without compromising on lifestyle or design.

<img alt="Symphony at South Brisbane " data-entity-type="file" data-entity-uuid="866f9005-8c66-47cc-8df2-ebd7a1187339" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/H5002COR-Symphony%20RenderTP%20%284%29.jpg?VersionId=NqJ6wbMoET8Zb2aWLyCYCjgaPc4v89Q6" />

Symphony will feature a two-level rooftop with wellness amenities, resort-style recreation spaces and activated ground-floor retail designed to foster community and enhance the local streetscape.&nbsp;

Sherpa founder Christie Leet said bringing Flourish to Brisbane marks a major milestone for the group, which has delivered 16 residential projects across South East Queensland and is actively expanding its pipeline across Brisbane and the southern Gold Coast.&nbsp;

“Flourish has been so well received because it offers well-crafted apartments at an attainable price-point, without cutting corners on quality or liveability,” said Leet. &nbsp;

“Symphony is an incredibly exciting step for us, it’s our first move into inner Brisbane, and we see huge potential here to deliver something different in a market that really needs it.&nbsp;

“We’re giving more first home buyers and local downsizers the chance to secure a well-designed apartment from $695,000 in one of Brisbane’s most walkable, connected, and vibrant neighbourhoods.&nbsp;

“That’s exactly what Flourish is about, helping more people live where they want to be, without compromise.”&nbsp;

<img alt="Symphony at South Brisbane " data-entity-type="file" data-entity-uuid="fe814256-2263-4857-89b6-3c5cce2645b6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/H5002COR-Symphony%20RenderTP%20%2811%29.jpg?VersionId=WkbrLqMFGR9o7I_MzkIjHk14ANSko4qj" />

Designed by <a href="https://www.urban.com.au/architects/hal-architects">HAL Architects</a> and to be built by <a href="https://www.urban.com.au/builders/lps-group">LPS Group</a>, Symphony will benefit from Sherpa’s exclusive build partnership, ensuring certainty of delivery at a time when construction capacity remains tight.&nbsp;

Located moments from QPAC, South Bank, Fish Lane, and Brisbane’s CBD, Symphony will place residents at the heart of Brisbane’s cultural precinct, with easy access to major transport, education, and health hubs.&nbsp;

Subject to approvals, Sherpa expects to commence construction in early 2026, with a market launch planned for September 2025.&nbsp;

Sherpa’s proactive acquisition and delivery pipeline now exceeds $1 billion, supported by its focus on delivering attainable, design-led homes in high-demand, undersupplied urban and coastal precincts across South East Queensland.

Sherpa moves into Brisbane apartment market with Flourish brand

One of the Gold Coast’s most significant master-planned projects has been given the green light to proceed, with the Gold Coast Turf Club, in partnership with Aquis Australia, forging ahead with its billion-dollar lifestyle precinct following a positive resolution with community stakeholders.&nbsp; 
&nbsp; 
Originally <a href="https://www.urban.com.au/news/qld/gold-coast-turf-club-redevelopment-given-the-all-clear">approved by Council in August 2024</a>, the development, delivered under the Sunlight Lifestyle Precinct banner, is a joint venture between the Gold Coast Turf Club and Aquis.&nbsp; 
&nbsp; 
Sunlight Lifestyle Precinct will transform approximately two hectares of land adjacent to the Turf Club into a <a href="https://www.urban.com.au/new-apartments/lots-3-4-racecourse-drive-2-ascot-court-bundall">vibrant mixed-use destination</a> featuring residential, retail and elevated entertainment offerings.&nbsp;

<img alt="Turf Club" data-entity-type="file" data-entity-uuid="1188b053-7065-4922-830a-f56e728f535e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-07-02%20at%209.54.41%E2%80%AFAM.png?VersionId=gaPO3LFzIpKlhs1kLrBIW4vWkYWry1z_" /> 
&nbsp; 
The announcement marks a new and exciting phase for the Turf Club, following a series of recent infrastructure upgrades, including a major track redevelopment and the introduction of night racing, setting the stage for the next evolution of the entertainment precinct.&nbsp; 
&nbsp; 
“This is a fantastic outcome for the Gold Coast,” said Steve Lines, CEO of the Gold Coast Turf Club.&nbsp; 
&nbsp; 
“We’ve taken a careful, considered approach from day one, and the outcome reflects that.&nbsp; 
&nbsp; 
“This has never been about moving fast. It’s about doing it properly, and with the community beside us. To have that support, and the backing of Gold Coast City Council and the State Government, gives us the confidence to now take the next step.”

<img alt="Steve Lines &amp; John Fung" data-entity-type="file" data-entity-uuid="71ff5879-6a64-469a-81ef-7809209980d1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Steve%20Lines%20%26%20John%20Fung.png?VersionId=0vHUYvhKsVz2wliQFR0V7S.fqlfvGRQ5" />

The masterplan – designed in collaboration with international and local experts, including Woods Bagot – will include short-stay accommodation, apartments, wellness and fitness spaces, market-style food and retail, rooftop pools, sky gardens, and immersive tropical gardens. &nbsp; 
&nbsp; 
The precinct is designed to complement the Turf Club’s vision to create a world-class entertainment precinct in the cultural heart of the city.&nbsp; 
&nbsp; 
The project is being led by John Fung, son of Aquis founder Mr Tony Fung, who will now oversee the delivery of Sunlight&nbsp; 
&nbsp; 
“We’re incredibly proud to be part of such a transformative vision,” Mr Fung.&nbsp; 
&nbsp; 
“Sunlight will be more than a precinct; it’s a chance to create a lasting destination that captures the spirit of the Gold Coast. Our team is energised and working closely with the Turf Club to take the project to market.”

<img alt="Turf Club" data-entity-type="file" data-entity-uuid="63cb632e-e868-45cc-ab81-bf2caad5d898" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-07-02%20at%209.54.37%E2%80%AFAM.png?VersionId=e1KSCAtcjoLtaK8.daA.y4PzkdpNnLlQ" /> 
&nbsp; 
The Turf Club extended a special thanks to the City of Gold Coast and the Queensland Government for their continued support throughout the appeal process. &nbsp; 
&nbsp; 
“We’re proud to have resolved matters in a way that satisfies our local stakeholders and allows us to move forward with certainty,” Lines added.&nbsp; 
&nbsp; 
“The support from the community has been excellent. Everyone’s aligned, the wheels are now turning, and we are looking forward to delivering a truly world-class community asset that will generate hundreds of millions of dollars for the Gold Coast.”&nbsp; 
&nbsp; 
With key approvals now in place and only minor planning refinements remaining, preparations are progressing for a formal public launch of the project.&nbsp; 
&nbsp; 
“Sunlight will be a place to live, stay, visit and play – and it’s unlike anything currently on offer in this part of the Gold Coast,” said Fung.&nbsp; 
&nbsp; 
“We look forward to revealing more soon.”

Community stakeholder resolution paves way for new multi-billion dollar Gold Coast Turf Club precinct

Sydney developer Deicorp has received planning approval from the Department of Planning, Housing and Infrastructure for <a href="https://www.urban.com.au/new-apartments/kings-bay-village-53-75-queens-road-five-dock">Kings Bay Village</a>, a $1.8 billion mixed-use precinct set to reimagine three hectares of underutilised land in Five Dock.

The State Significant Development will breathe new life into the Parr​amatta Road Corridor, delivering 1,185 new homes — including 218 affordable dwellings for essential workers — along with 6,500 sqm of public open space, and 14,700 sqm of vibrant retail and commercial offerings.

<img alt="Five Dock" data-entity-type="file" data-entity-uuid="53daf36e-db2d-47cb-b885-13d345b80e5b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-07-02%20at%209.25.11%E2%80%AFAM.png?VersionId=v1Nb2by77n7ftY9gpTzPOQnibeZ9bD_z" />

Designed by award-winning architects TURNER, Kings Bay Village is inspired by the area’s industrial legacy, blending classic brick facades and distinctive rooflines with modern urban form.

The precinct will feature six buildings of varying heights that offer&nbsp;views of Kings Bay, Iron Cove and the Sydney CBD.

Positioned just minutes from the future Five Dock Metro Station, Kings Bay Village is the first major urban renewal project supporting the NSW Government and City of Canada Bay Council’s bold vision for the Parramatta Road Corridor, and will contribute over 23 per cent of the Council’s 2029 housing target of 5,000 new homes.

In addition, Deicorp is committing more than $80 million to fund upgrades to local infrastructure, including more than $10 million public domain works, delivering new pedestrian laneways, an activated streetscape, and a 2,290 sqm landscaped park and civic plaza — designed to become the social heart of the community.

<img alt="Kings Bay" data-entity-type="file" data-entity-uuid="e9b9502c-c0e6-41b6-8eed-1baf4318e896" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-07-02%20at%209.25.20%E2%80%AFAM.png?VersionId=R0GYVKepcAG9J76yDB06IMOh0CVTBEj9" />

Deicorp Chairman, Fouad Deiri OAM, said it was an honour to have Kings Bay Village endorsed as a State Significant Development.

“This project represents everything Deicorp stands for — considered design, community impact, and delivering homes 
where they’re needed most,"&nbsp;Deiri said.

“We’re proud to be the first major development to support the NSW Government and City of Canada Bay’s vision for the Parramatta Road Corridor, and by delivering new parks, pedestrian links and plazas, we will create lasting value not just for residents, but for the entire Five Dock community."

The Parramatta Road Corridor is set to play a vital role in Sydney’s future, serving as a central artery that links the city’s two major CBDs — Sydney in the east and Parramatta in the west.

As one of Sydney’s most active developers, Deicorp’s pipeline continues to grow, with around $3 billion worth of projects set to launch to market across the remainder of the year. To date, Deicorp has designed, developed and delivered over 12,000 apartments across 40 Sydney suburbs.

&nbsp;

Deicorp Chairman, Fouad Deiri OAM, said it was an honour to have Kings Bay Village endorsed as a State Significant Development.

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