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.

[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?

Summary

<ul>
	<li data-end="192" data-start="85">
	Sydney’s property market continues to strengthen, with unit values outperforming house values in May.
	</li>
	<li data-end="312" data-start="193">
	First home buyers drive demand in western suburbs, with strong interest in new projects in Auburn and Merrylands.
	</li>
	<li data-end="439" data-start="313">
	Latent Defects Insurance (LDI) gains traction, offering 10-year structural protection across several major developments.
	</li>
	<li data-end="579" data-is-last-node="" data-start="440">
	Major launches from Tian An, Northland Group, PERIFA, and Deicorp highlight a growing pipeline of quality, well-connected apartments.
	</li>
</ul>

<hr />
The upswing in the Sydney property market continued in May, with both house and unit values increasing in the wake of recent interest rate cuts.

Unit values rose 0.5 per cent, topping the 0.4 per cent growth in house values, Cotality's Monthly Home Value Index showed.

The year-to-date performance of units in Sydney is expected to turn positive when values rise again in June. The recent gains have offset the losses recorded in the first few months of the year, before the RBA began its rate easing cycle.

The median unit value in Sydney is $859,000—around $620,000 lower than the median house value of $1.48 million.

<h2>What happened in Sydney’s off the plan apartment market in May?</h2>

Sydney's western suburbs took the limelight in the new and off-the-plan apartment space in May.

In Auburn, Tian An launched the second stage of its Auburn Square development, North Village, in a move directly targeting affordability-seeking first home buyers.

Over 25 per cent of apartments were snapped up during its recent launch, with young professionals and investors showing the most interest.

[smartcode_project:default project_id=149184 project_image_fid=324852]

First home buyers don't have to pay any stamp duty on the one- or two-bedroom apartments, which are all priced under $800,000.

The building, designed by renowned architecture firm Rothelowman, has the sought-after 10-year Latent Defects Insurance by Resilience Insurance, protecting buyers from any structural or waterproofing issues for a decade after completion.

iCIRT-rated builder Binah has already started construction on site, with completion expected by early 2027.

Read more: <a data-end="1909" data-start="1811" href="#" rel="noopener">Tian An quickly sells 25% of apartments in North Village, Auburn, following successful launch</a>

<hr data-end="1914" data-start="1911" />
Developer Northland Group also opted for the Resilience LDI policy, bringing the first development to Merrylands under the new insurance scheme.

They launched Central Quarter, comprising 194 one-, two-, and three-bedroom apartments above a new retail and commercial podium. The apartments are also first home buyer–friendly, with the one- and two-bedroom offerings priced under the NSW Government's $800,000 stamp duty concession threshold.

[smartcode_project:default project_id=5660 project_image_fid=343722]

Central Quarter is one of the most connected developments in Merrylands—and potentially in all of Western Sydney.

Located on Pitt Street, the building sits directly next to Merrylands Station (just 35 minutes by train to the CBD), the Merrylands bus interchange, and across the road from Stockland Merrylands, home to nearly 200 retailers.

Read more: <a data-end="2935" data-start="2802" href="#" rel="noopener">Northland launches Central Quarter, Merrylands' first new apartment development with Resilience 10-year Latent Defects Insurance</a>

<hr data-end="2940" data-start="2937" />
Resilience Latent Defects Insurance was also taken out by developer PERIFA for Rozelle Village, the eagerly anticipated redevelopment of the former Balmain Leagues Club in Rozelle.

PERIFA officially launched Rozelle Village in May—a mixed-use project featuring 150 apartments across three buildings, retail spaces, and a new club for the community.

[smartcode_project:default project_id=8142 project_image_fid=347019]

Designed by Studio SC, with interiors by SJB, the project brings the peninsula its first full-line supermarket and aims to re-establish the site as a local hub with hospitality and community spaces.

Read more: <a data-end="3687" data-start="3594" href="#" rel="noopener">PERIFA to create new Inner West hub as buyers get first chance to buy at Rozelle Village</a>

<hr data-end="3692" data-start="3689" />
Builder-developer Deicorp has been one of the strongest advocates for Latent Defects Insurance since it was introduced to the Australian market by Resilience Insurance in 2023.

They recently broke ground on their $1 billion Showground Pavilions project at the Hills Showground Metro Station.<img alt="Deicorp breaks ground on $1 billion Showground Pavilions in Castle Hill" 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/ShowgroundPavilions_Hero.jpg?VersionId=GB3aayxxrMWw.fbuntrb1nmOtBr6JWez" />

<a href="https://www.urban.com.au/new-apartments/showground-pavilions-3-andalusian-way-castle-hill-nsw-2154">Showground Pavilions</a> will deliver over 1,000 apartments and mixed-use amenity across five precincts, capitalising on its status as a Transit Oriented Development (TOD) site.

Read more: <a href="https://www.urban.com.au/news/nsw/deicorp-breaks-ground-on-1-billion-showground-pavilions-in-castle-hill">Deicorp breaks ground on $1 billion Showground Pavilions in Castle Hill</a>

May also marked another construction commencement for Deicorp in&nbsp;Melrose Park.&nbsp;

Their $700 million <a href="https://www.urban.com.au/new-apartments/melrose-central-melrose-park-33-hope-street-melrose-park-nsw-2114">Melrose Central</a> project, in collaboration with <a href="https://www.urban.com.au/developers/payce-consolidated-limited">PAYCE</a>, includes 500 apartments across six towers above a five-level retail and lifestyle podium.&nbsp;

[smartcode_project:default project_id=134220 project_image_fid=289879]

With Coles anchoring the 30,000 sqm retail precinct and a Parramatta Light Rail stop to come, early sales have been strong, and construction is pushing forward with completion due mid-2027.

Read more: <a href="https://www.urban.com.au/news/nsw/construction-underway-at-deicorp-s-melrose-central-in-melrose-park">Construction underway at Deicorp’s Melrose Central in Melrose Park</a>

There were several major planning developments in May, with a focus placed on the Lower North Shore area.

Developer&nbsp;<a href="https://www.urban.com.au/developers/freecity">Freecity</a> lodged a 40-level TOD tower in Crows Nest, aligned with the state’s recent planning reforms.&nbsp;

<img alt="First look: Freecity lodges Crows Nest TOD tower" 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%202025-05-21%20at%208.15.00%E2%80%AFAM.png?VersionId=sUKLydf_wmpBHwLPTaqnBKn836XB7cRm" />

Designed by <a href="https://www.urban.com.au/architects/cox-architecture">Cox Architecture</a>, the development sits above the new Crows Nest Metro and includes 178 apartments.&nbsp;

Communal terraces and a retail podium round out the vision for high-density, high-amenity urban living.

Read more: <a href="https://www.urban.com.au/news/nsw/first-look-freecity-lodges-crows-nest-tod-tower">First look: Freecity lodges Crows Nest TOD tower</a>

In <a href="https://www.urban.com.au/developments/kirribilli-nsw-2061">Kirribilli</a>, boutique developer <a href="https://www.urban.com.au/developers/made-property-group">MADE Property</a> is continuing its luxury push with a 19-apartment project on Carabella Street.&nbsp;

<img alt="First look: MADE Property doubles down in Kirribilli new apartment market" 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/Kirribili%20Made%20Property%20front.png?VersionId=_1bVmrk_o8vXK87_572g10B1rCE93Wog" />

Designed by SJB, the twin four-level buildings will blend into the leafy suburb while catering to a discerning market following the successful launch of Kirribilli Harbour.

Read more: <a href="https://www.urban.com.au/news/nsw/first-look-made-property-doubles-down-in-kirribilli-new-apartment-market">First look: MADE Property doubles down in Kirribilli new apartment market</a>

Further north&nbsp;in <a href="https://www.urban.com.au/developments/roseville-nsw-2069">Roseville</a>, <a href="https://www.urban.com.au/developers/hyecorp-property-group">Hyecorp</a>&nbsp;unveiled plans for a 259-apartment project across a 9,370 sqm site bordering Lord Street and&nbsp;<a href="https://www.urban.com.au/developments/roseville-nsw-2069" target="">Roseville</a>&nbsp;Avenue.

The nine-level building will feature&nbsp;a wellness centre with a 15-metre swimming pool and gym, a kids club, cinema space, games rooms, and a residents' lounge.

<img alt="Hyecorp plots latest Upper North Shore apartment development" 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%202025-05-13%20at%209.27.54%E2%80%AFAM.png?VersionId=WXyZqJkqHr0asSM6Q2kz.Zi.AGhcaNUl" />

<a href="https://www.urban.com.au/developers/hyecorp-property-group">Hyecorp</a>&nbsp;has been developing across&nbsp;<a href="https://www.urban.com.au/developments/sydney-nsw" target="">Sydney</a>'s North Shore region since the early 1990s. They are approaching completion of their St Leonards apartment project,&nbsp;<a href="https://www.urban.com.au/new-apartments/audrey-st-leonards-13-19-canberra-avenue-st-leonards">Audrey</a>, opposite Newlands Park, which will wrap up construction later this year.

Their current&nbsp;<a href="https://www.urban.com.au/developments/roseville-nsw-2069" target="">Roseville</a>&nbsp;development, Juliet, will comprise 37 apartments when it is completed in mid-2026.

Read more: <a href="https://www.urban.com.au/news/nsw/hyecorp-plots-latest-upper-north-shore-apartment-development">Hyecorp plots latest Upper North Shore apartment development</a>

Major launches from Tian An, Northland Group, PERIFA, and Deicorp highlight a growing pipeline of quality, well-connected apartments

City Beat May 2025: Resilience Latent Defects Insurance drives buyer appetite in Sydney's west

A full-line Woolworths, a new retail laneway, and a collection of sculptural residential buildings are anchoring the next stage of growth in Hurstville, where <a href="https://www.urban.com.au/developers/one-collection">The One Collection</a> has officially launched <a href="https://www.urban.com.au/new-apartments/horizon-hurstville-6-jack-brabham-drive-hurstville-nsw-2220">Horizon</a> — a mixed-use precinct on the edge of Kempt Field.

As the curator behind the residences, The One Collection is responsible for setting the vision, driving the design narrative, and shaping the overall lifestyle experience.To bring that vision to life, they work hand-in-hand with the respected development and construction firm Masscon, which has built a reputation not only for creating places where people can live and thrive, but also for leveraging its expertise in the built environment to take on developments others cannot.

Such is the case with <a href="https://www.urban.com.au/new-apartments/horizon-hurstville-6-jack-brabham-drive-hurstville-nsw-2220">Horizon</a>, where development had stalled due to water ingress issues with the basement drainage system. Masscon took over the rectification works to alleviate the site’s environmental order, unlock the final development stage —ensuring the integrity and longevity of the building are upheld from the ground up.

Now, with the green light from the Environmental Protection Agency confirming the basement’s full compliance, Masscon has commenced construction of the next phase of the project.

&nbsp;

[smartcode_project:default project_id=149850 project_image_fid=277]

Horizon will be the final of four buildings in the wider precinct, which already features a Woolworths supermarket and direct access to Kempt Field.

It’s the park and convenience that underpin Hurstville’s strong Walk Score of 81 — a number set to improve with the arrival of St Clair Lane, a new retail laneway soon to be activated by hospitality, health, and lifestyle businesses.

Above St Claire Lane, 179 one-, two-, and three-bedroom apartments are now available.

&nbsp;

[smartcode_project:default project_id=149850 project_image_fid=280]

Designed by DKO Architecture, the buildings adopt a soft, organic form language that responds to the surrounding parkland. The apartments prioritise open-plan living, outdoor space, and natural light. Smart home technology comes standard — with automated lighting and air conditioning — while finishes lean toward durable, neutral palettes.

Smeg appliances feature in all kitchens, and most two-bedroom apartments include island benches to create an additional entertaining zone. Floor plans are tailored to suit both owner-occupiers and investors.

[smartcode_project:default project_id=149850 project_image_fid=284]

Residents will have access to a suite of on-site amenities, many of which are oriented to capture park views. These include a gym, sauna, games room, landscaped courtyards, a meditation deck, and a shared kitchen and lounge space.

In addition to the immediate amenities at the foot of the building, Horizon is just a stone’s throw from Hurstville Station — a 20-minute commute to Central Station. Adjacent to the station is Westfield Hurstville, redeveloped in 2016 and home to over 230 retailers, including Big W, Kmart, Aldi, Coles, Woolworths, Cotton On, TK Maxx, Uniqlo, JB Hi-Fi, Rebel, and Event Cinemas.

Masscon is on site moving its way up the building, which is scheduled for completion in late 2026, with off the plan buyers expected to move in shortly after.

[smartcode_project_cta:default project_id=149850]

Horizon will be the final of four buildings in the wider precinct, which already features a Woolworths supermarket and direct access to Kempt Field

Horizon brings connected parkside living to Hurstville’s growing centre

Young first home buyer Elycia didn’t expect to become a property investor when she purchased an off the plan townhouse at Development Victoria’s <a href="https://www.urban.com.au/new-townhouses/luma-sunshine-north-247-st-albans-road-sunshine-north-vic-3020">LUMA</a> masterplanned community in <a href="https://www.urban.com.au/developments/sunshine-north-vic-3020">Sunshine North</a> several years ago.

“I’d been saving for a while, and it felt like a good time to get into the market,” Elycia said of her purchase.

When she visited the display suite, she could immediately see herself living there, thanks to the variety of thoughtfully designed floorplans.

“I fell in love with how the floorplans were laid out — especially how the living room was positioned quietly away from the kitchen and dining area,” she said.

[smartcode_project:default project_id=27783 project_image_fid=96896]

Having watched her parents build a home from scratch, Elycia was grateful for a simpler path.

“I wanted something with as few choices as possible. Just pick a colour scheme and go,” she said. “You didn’t have to pick bricks, carpet, or underlay — it was all done.”

She selected the light colour scheme and opted for a few upgrades like a premium benchtop, but kept most fixtures standard.

[smartcode_project:default project_id=27783 project_image_fid=255556]

While COVID lockdowns delayed the delivery of her three-bedroom home near Sunshine Station, Elycia, a teacher, said <a href="https://www.urban.com.au/developers/development-victoria">Development Victoria</a> was transparent throughout the process.

The fact that Development Victoria is operated by the Victorian Government was a big reason I felt confident buying from them,” she said, adding that she was pleased with their clear communication around the delays, which were widely felt across the building industry.

“It felt slow at times, but once I could physically see the building taking shape, it all started to feel real.”

Importantly, the original purchase price remained unchanged — something Elycia appreciated.

“There weren’t any extra costs passed on to us. I’d paid my deposit, and the balance stayed the same," she said.

[smartcode_project:default project_id=27783 project_image_fid=350574]

Elycia had planned to move in and transfer schools once the build was complete in 2025. But life — and opportunity — had other ideas.

“On settlement, I stayed in the home for one night just to take it all in — to feel a sense of accomplishment for doing this by myself,” she said. “It’s now for someone else to enjoy.”

Development Victoria is currently delivering Stage Two of the LUMA masterplan, located between Ginifer and Albion train stations.

The townhouses vary in configuration and design, ranging from one to four bedrooms, and are designed to be all-electric, featuring solar PV, double glazing, and a minimum 7-star NatHERS rating.

A new public park and future links to the broader Sunshine Precinct — set to become a major employment and infrastructure hub — positions LUMA residents to take full advantage of being in a long-term growth corridor with increasing appeal for a wide range of buyers.

[smartcode_project_cta:default project_id=27783]

First home buyer turned investor: How young teacher Elycia bought her home at LUMA in Sunshine North

Longstanding Sydney developer <a href="https://www.urban.com.au/developers/northland-group">Northland Group</a> has delivered two of the most confidence-boosting signals in the off-the-plan property market: launching their new development well after construction is underway, and securing Resilience Insurance’s 10-year Latent Defects Insurance.

Their latest project, Central Quarter in Merrylands, is already well on track to deliver 194 one-, two-, and three-bedroom apartments, along with a retail and commercial podium, by early to mid-2026.

A major bonus for buyers is that Northland is both the developer and builder, meaning they’re responsible for the full delivery and quality control of the project.

[smartcode_project:default project_id=5660 project_image_fid=343727]

Apartments start from just under $600,000, with two-bedrooms priced under $750,000 — making them particularly popular with first home buyers, who benefit from no stamp duty under the NSW Government’s $800,000 threshold.

Each residence features modern finishes, including laminate timber flooring, plush carpeting, and zoned air conditioning in all bedrooms and living areas. Open-plan living and dining areas extend to tiled balconies, maximising natural light and seamless indoor-outdoor living.

Kitchens are equipped with premium Smeg appliances and Villeroy &amp; Boch tapware, while bathrooms offer fully tiled finishes, polished chrome fittings, and soft-close cabinetry.

[smartcode_project:default project_id=5660 project_image_fid=343730]

Central Quarter is one of the most connected developments in Merrylands — and potentially in all of Western Sydney. Located on Pitt Street, the building sits directly next to Merrylands Station (just 35 minutes by train to the CBD), the Merrylands bus interchange, and across the road from Stockland Merrylands, home to nearly 200 retailers.

Northland is also bringing new amenity to the base of the building, securing major fast food operators, a 24/7 gym, and other local service providers to further activate the precinct.

[smartcode_project:default project_id=5660 project_image_fid=343732]

The biggest advantage for buyers at Central Quarter is the inclusion of Resilience Insurance’s 10-year Latent Defects Insurance — a major shift in buyer protection and industry transparency.

This structural warranty protects purchasers against significant issues related to structural elements, waterproofing, and essential systems like electrical and plumbing. Unlike traditional strata bonds, Latent Defects Insurance is purchased by the developer, activated at completion, and includes independent inspections throughout the build — helping to identify and rectify problems before handover.

[smartcode_project_cta:default project_id=5660]

Apartments start from just under $600,000, with two-bedrooms priced under $750,000 — making them particularly popular with first home buyers, who benefit from no stamp duty under the NSW Government’s $800,000 threshold.

Northland launches Central Quarter, Merrylands' first new apartment development with Resilience 10-year Latent Defects Insurance

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.”

[smartcode_project:default project_id=134338 project_image_fid=311028]

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

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