2021
AUGUST MONTHLY REPORT
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McGrath Projects, the team that’s with you.
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FROM OUR CEO Welcome to our August monthly showcase of new and off the plan apartments and townhomes. In this month’s edition, we discuss the inflationary effects of COVID-19 on property prices and the impact of lockdowns on the market. These effects, coupled with the more readily understood supply and demand price drivers and historically low cost of housing mortgage debt, has resulted in a very high minimum deposit level required to access housing. We also take the opportunity to focus on what support is available to would-be first homeowners in NSW. We look at current packages available including the First Home Buyer Assistance Scheme and changes that will apply from August 1, along with Government grants and subsidies to help more Australians get on the property ladder sooner. We hope you enjoy McGrath’s August report! Stay safe. Sincerely
Eddie Law CEO McGrath Estate Agents
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COVID-19 RAISES PROPERTY VALUES & HOW LOCKDOWNS IMPACT THE MARKET
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INSIGHTS FROM JOHN MCGRATH COVID-19 has directly raised property prices across the country and the impact of lockdowns on the market is relatively small. That’s been our own experience, which is now backed by research.
As a result, there is demand in the marketplace today that simply wouldn’t have been there had COVID-19 never happened. The national sales volume in FY21 was the highest it’s been since 2004, according to CoreLogic.
Firstly, let’s look at home values.
While we’re on the topic of lockdowns, let’s look at the help available to home owners, small business owners, tenants and landlords in NSW and Victoria.
Research from KPMG Economics shows COVID-19 is directly responsible for national price spikes over the past 18 months, which we already knew but they’ve had a go at quantifying the difference.
The most important thing to know is that banks are offering home loan and business loan repayment deferrals for up to three months. In addition, most banks are also offering broader support packages. Click here to go to the Australian Banking Association’s website, where you will find information on each bank’s support package. Just look for your bank’s logo and click.
Over the four years to December 2023, KPMG says the pandemic will deliver Australian house values a 4-12% boost and apartment values a 0%-13% boost, over and above the growth that would have occurred without the pandemic.
In NSW, the rental moratorium is back but only for 60 days (from July 14).
The report says the key elements boosting prices over the past 18 months have been cutting the cash rate to 0.1% (which reduced home loan rates); the Reserve Bank’s quantitative easing program (QE); and HomeBuilder.
Residential landlords will have to negotiate the rent with tenants who have lost 25% or more of their income due to lockdown. Landlords will be reimbursed up to a maximum of $1,500 through the Residential Tenancy Support Payment or they can choose land tax relief if preferred.
Also playing a role were saved travel budgets, income support and direct housing market support. Now to lockdowns.
For information on government support payments:
As Sydney enters its 6th week in lockdown, the number of auctions taking place and the number of new listings coming to market are lower, however auction clearance rates are holding up well because buyer demand is still high and people are used to online auctions now.
Click here for state government payments available to individuals and businesses in NSW Click here for federal government payments available to individuals in NSW
CoreLogic data shows more homes sell prior to auction during lockdowns, and more are converted to private treaty. Many auction campaigns that haven’t yet hit the market when lockdowns commence are postponed until on site auctions and physical inspections can resume.
Click here for state government payments available to individuals and businesses in Victoria Click here for state government top-up payments available to businesses in Victoria
At McGrath, we’re finding that lockdowns delay transactions but don’t stop them. Some buyers put their search on hold due to restricted inspections and some sellers delay their campaigns. This delayed activity then plays out during the strong rebounds we see as soon as lockdowns lift.
Click here for federal government payments available to individuals in Victoria In 2022 and 2023, the KPMG Economics report predicts price growth will moderate due to overseas migrant population losses during COVID-19 and rising home loan rates as the economy rebounds.
The short, circuit-breaker style lockdowns have no consequences for home values. The longer lockdowns can result in some price softening but we’re talking -1% or less per month, if we use Melbourne’s second lockdown last year as a case study.
However, it also expects the COVID-19 boost to home values to last.
When lockdowns are lifted, we see a flood of new activity. The rebound is always strong. This is because the same factors motivating people to sell before lockdown, such as ultra low interest rates and lifestyle changes due to working from home, are still in play when the lockdown is over.
KPMG predicts that house and apartment prices in every capital city (except apartments in Perth) will be higher over the four years to the end of 2023 than they would have been without COVID-19. In the short term, expect a big market rebound in Sydney when the lockdown is over.
These trends are going to be long lasting. Working from home is a permanent structural change in our economy and it’s going to have flow-on effects in the property market for some time yet.
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FIRST HOME BUYERS
WHAT FIRST HOME BUYER INCENTIVES ARE AVAILABLE IN NSW IN 2021? If you’re buying your first home in NSW, are you aware of the different and evolving assistance packages available to you to help you get on the property ladder sooner?
Some of the key conditions that are required to get the grant are outlined below, however it is important to check with Revenue NSW for more specific requirements.
Here is a look at the current packages available to first home buyers in NSW and the changes that are coming into effect for the First Home Buyer Assistance Scheme from the beginning of August.
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You must be a permanent resident or an Australian citizen. If you are buying the property with someone else at least one of you must be a permanent resident or an Australian citizen
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You must not have previously owned or co-owned a home in Australia or have received an Australian first homeowners grant in the past
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You must be buying a home to live in; it cannot be an investment property
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You are required to live in the home for at least six months after purchase
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You must be a natural person, not a company or a trust and you need to be over the age of 18
1. FIRST HOME BUYER ASSISTANCE SCHEME AND CHANGES FROM AUGUST 1, 2021 In 2020, the NSW Government increased the transfer (stamp) duty thresholds for the purchase of new homes and vacant land, however from 1 August 2021, the thresholds revert to the previous threshold amounts. Outlined below are the stamp duty thresholds that will apply from 1 August 2021:
For more information on the NSW First Home Owner Grants click here.
NEW HOMES • Buy a new home valued at less than $650,000 - apply for a full exemption and pay no transfer duty •
3. FIRST HOME LOAN DEPOSIT SCHEME
Buy a new home valued between $650,000 - $800,000 and apply for a concessional transfer duty rate. The amount will be based on the value of the home
This is an Australian Government funded initiative which partially guarantees some low deposit loans by helping eligible first home buyers avoid paying lenders mortgage insurance.
EXISTING HOMES • Buy an existing home valued at less than $650,000 apply for a full exemption and pay no transfer duty •
If a first-time buyer has less than 20% deposit, they will normally be required to pay lenders mortgage insurance which can be quite hefty. However, under this scheme, eligible first home buyers can purchase a modest home, with a deposit as little as 5% (lenders criteria applies) and the Commonwealth Government will guarantee the difference between what the first home buyer has saved, and the 20% deposit threshold lenders usually require before they’ll provide a loan without lenders mortgage insurance. The Government says this could save first home buyers as much as $10,000.
Buy an existing home valued between $650,000 and $800,000 apply, apply for a concessional transfer duty rate. The amount will be based on the value of your home
VACANT LAND • You won’t pay transfer duty if your land is valued at less than $350,000 •
For land valued between $350,000 and $450,000, you’ll receive a concessional rate
As part of the 2021 -22 Federal Budget, the Government has announced from 1 July 2021 an additional 20,000 First Home Loan Deposit Scheme places will be available for the 2021 to 2022 financial year.
To find out more about the First Home Buyer Assistance Scheme, whether you are eligible and how to apply click here. 2. FIRST HOMEOWNER GRANTS
The Government, however, has made some changes and not all properties will be eligible to be purchased under the Government's Home Deposit Scheme. The scheme will only underwrite loans for entry properties excluding high value properties. There is no fixed maximum value for properties eligible under the scheme, as price caps will be determined relative to the property’s local market.
The NSW Government will continue to offer a $10,000 First Homeowner Grant, which is available to people buying a new first home worth no more than $600,000 or buying land and building a new first home worth no more than $750,000 in total. This means the maximum benefit a homeowner could be entitled to is $32,335 if purchasing a new home and accessing the grant.
Importantly 10,000 of the 20,000 available spaces for this scheme will only be applicable to first home buyers who are
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FIRST HOME BUYERS
looking to build or purchase a newly built home while the remaining 10,000 are allocated for first home buyers looking to purchase an existing property.
One of the biggest hurdles to get into the housing market for single parents on single incomes is getting their deposit together. The Family Home Guarantee will enable single parents to jump that hurdle.
The property price threshold varies depending on where you are buying. To find out the property price threshold for the area you wish to buy in click here.
The program will be a significant help to single parents trying to get into the housing market. While this isn’t only applicable to first home buyers, it’s worth being aware of in case it applies to you.
To find out more about applying for the First Home Loan Deposit Scheme click here.
To find out more about Family Home Guarantee click here.
4. BOLSTERING THE FIRST HOME SUPER SAVER SCHEME (FHSS)
A FINAL WORD
While this is a bit further down the track it is worth mentioning. From 1 July 2022, first home buyers can make voluntary super contributions of up to $50,000 into their super. They can then withdraw this amount (plus earnings, less tax) to help with a deposit on their first home. This contribution has been increased from $30,000 following the Federal Budget announcement.
If you are a first home buyer in NSW there are a number of grants available to help benefit your financial situation and boost your chances of becoming a homeowner. Plus, the grants have been set up to allow you to apply for multiple, if not all the grants available to you at a state and national level. Ensuring you investigate your options with Revenue NSW and the relevant Federal Government department is critical here. Plus, talk to our Oxygen Home Loan Specialist for expert tailored advice and assistance.
To find out more about the First Home Super Saver Scheme click here. 5. FAMILY HOME GUARANTEE In an attempt to help single parents achieve financial security for their families, they will now be able to access a Family Home Guarantee which will allow 10,000 eligible applicants over four financial years the opportunity to purchase a home with as little as 2% deposit.
READ MORE ARTICLES MCGRATH.COM.AU/ADVICE
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YOUR NEW HOME IS ALMOST READY.
CREATE MEMORIES IN YOUR NEW HOME. 11
NEW SOUTH WALES
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View project GRANDE Experience the sheer size and sophistication of Grande. Architecturally crafted, elegantly proportioned, voluminous spaces showcase bespoke interiors from internationallycelebrated DBI Interiors. They sensitively reference Pyrmont’s unique industrial heritage with a dramatic, yet refined sensibility. Havens of light and style, this sumptuously-crafted collection offers a choice of 4 or 5 bedroom terraces, with the added luxury of versatile rumpus or break out rooms designed for extensive family living. Each bedroom is a true retreat, stunningly appointed and partnered with its own superb ensuite. Upper-level casual living spaces and large balconies allow for an intimate connection to Sydney’s renowned city and Bridge skyline, and the harbourside district of Pyrmont Bay.
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Brand new landmark development
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Extensive sun-drenched outdoor living areas
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Premium, international-quality finishes throughout
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Voluminous expanses, superbly built
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Inspired, desired city-fringe location
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Experience the grandeur with a private tour
Providing immense privacy and security, each features its own street address and parking with access via a dedicated private lift and also from its level-access garage. Without question, prestige living on the grandest of scales.
PROJECT STATUS Completed
SUBURB Pyrmont 12
CONTACT Murray Wood 0499 588 133 Jack Sou 0448 114 775
NEW SOUTH WALES
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GRAND REVE A superbly curated collection of contemporary apartment residences new to the heart of Castle Hill. Designed for the most discerning occupant in mind, each home will inspire a new way of life. Unsurpassed quality awaits you with 196 exquisitely crafted apartments, including: - Studios - One bedrooms - Two bedrooms - Three bedrooms - A selection of oversized two and three bedrooms including some split-level terrace style apartments, many with their own private garden entry.
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Stage one selling fast
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Anticipated move-in date mid-2023
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Oak engineered timber flooring
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Wolf appliances (gas cooktops and ovens)
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Moments from Castle Hill shopping and transport
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Display suite open daily 10am - 4pm by appointment
Priced from $560,000 to $1,975,000 there is something to suit all budgets. Developed by multi-award winning Kassis Homes and thoughtfully designed by renowned architectural practice, Turner Studio, Grand Reve is destined to set a new benchmark for modern apartment living.
PROJECT STATUS Register your interest
SUBURB Castle Hill 13
CONTACT Adam Sparkes 0413 064 319 Max Xue 0433 215 085
NEW SOUTH WALES
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HARRIETTE RESIDENCES Whether looking to luxuriously upsize, or effortlessly downsize, this is the perfect time to secure this remarkable lifestyle.
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Seamlessly integrated living, indoors and outdoors
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Warm herringbone floors, rich marble surfaces
Presenting sweeping harbour and city views, lushly crafted private courtyards, generous terraces and sun-drenched expanses, this tailored landmark stands securely assured with a total of only 10 apartments - just 2 now remain.
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Sleek kitchens featuring Wolf, Sub-Zero, Miele appliances
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Sumptuous, communal wine room for distinctive dining
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Secure garaging. Bespoke amenities and services
Developed by multi-award winning Fiducia Property Group, construction is well underway with completion due at the end of October.
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See for yourself: onsite ‘hard hat tours’ are on now
Exceptionally designed and crafted, these apartment homes’ generous proportions are truly luxurious, light and refined, underscoring the graceful Art Deco aesthetic. Brilliantly located amid lush green landscaping in the treelined, blue ribbon belt of the Lower North Shore, the harbour foreshore, ferries, Neutral Bay Village and a myriad of parks all are within easy walking distance.
PROJECT STATUS Under construction
SUBURB Neutral Bay 14
CONTACT Colin Griffin 0419 233 689 Anthony Flood 0417 262 172
NEW SOUTH WALES
View project LOCATION INDICATOR
EAST SYDNEY COLLECTION The East Sydney Collection undeniably makes the most of its exclusive address with a unique, luxurious modernity that sits naturally within Sydney's historical centre.
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Just 300m from Hyde Park, Sydney CBD
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New landmark development by HIGA
Breathing new life into its heritage surrounds with 27 unique 1, 2 or 3 bedroom apartments and grand terrace homes, this prime development is impeccably positioned within the heart of quiet tree-lined streets, mere moments from the CBD.
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Architecturally mastered by MHNDU
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Interiors by Lawless + Meyerson
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Exclusive city-fringe address; Darlinghurst lifestyle
Each are spaciously designed to provide a seamless transition from the world outside into a peaceful sanctuary: inside spaces are seamlessly linked to outdoor terraces, balconies or wintergardens.
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Now under construction; late 2022 completion forecast
Architecturally forward, these homes are beautifully crafted, refined in detailing with an understated, timeless palette. Warm, luxurious and inviting. All residences have exclusive access to the expansive rooftop garden offering immediate views of Hyde Park, the Cathedral and Sydney’s spectacular CBD skyline.
PROJECT STATUS Under construction
SUBURB Darlinghurst 15
CONTACT Anthony Flood 0417 262 172
NEW SOUTH WALES
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View project CALLI APARTMENTS Newly completed Calli features a collection of 2 bedroom apartments in Liverpool. Life in Calli is life connected. Open the door and you’ll discover all that Liverpool has to offer, from Westfield to business precincts, is just a short walk away. High value and highly connected – Calli lets you live the lifestyle you desire. Calli has something for everyone. Each apartment is modern and spacious, and generous communal spaces provide vibrant opportunities to entertain and relax in equal measure. Modern design principles ensure that you make the most of your space, while Calli’s open balconies, parkside location and rooftop gardens create a meaningful connection to nature.
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2 bedroom furnished display apartments now open
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Fantastic choice of apartment designs
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Generous balconies and outdoor spaces
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Apartments have attractive aspects
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Surrounded by leading educational institutions
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Constructed by award-winning Lipman
With only a limited number of apartments available for purchase, Calli's high quality homes are a rare and special opportunity for you to embrace the Liverpool lifestyle.
PROJECT STATUS Completed
SUBURB Liverpool 16
CONTACT Glen Craigie 0401 529 930
NEW SOUTH WALES
View project COMMUNAL ROOFTOP VIEW
NEWLIFE BONDI JUNCTION Here, you can have it all.
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Complete; ready to move in now
It starts with an outstanding location: just between Sydney’s CBD and world-renowned Bondi Beach where the streetlife is vibrant; nearby parklands, tranquil and green.
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Only 5 now remain
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One 1 bedroom and four 2 bedrooms on offer
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Caesarstone. Gaggenau. Oak flooring. Marble accents
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Moments to Westfield Bondi Junction and Bondi Beach
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Developed by TWT with a first-rate build by Parkview
Each luxurious, executive residence makes the most of naturally flowing open space, bringing the outdoors seamlessly inside. Magnificent panoramas are also on offer: city-facing homes take in Centennial Park, Sydney’s skyline, the iconic Harbour Bridge and Opera House. Looking South, the views extend to Botany Bay. The Pacific Ocean glistens to the East. Curated to make the most of light and nature, the interiors evoke a sense of calm and elegance. All this is crowned by the sky-high rooftop garden, an oasis breathtakingly spanning the beauty of Sydney, bringing NewLife’s community together through shared space.
PROJECT STATUS Completed
SUBURB Bondi Junction 17
CONTACT Anthony Flood 0417 262 172
NEW SOUTH WALES
LD O S UT O
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RAVELLO Introducing our latest collection of luxurious signature residences at Ravello. Discover homes of extraordinary scale and comfort, with stunning bespoke features unlike anything ever offered on the Central Coast. Ravello’s remarkable architecture is the work of celebrated White + Dickson Architects, renowned for their luxury private homes and high-end residential buildings. Developed by Bonython Property & Investments, the development arm of The John Singleton Group, Bonython have built a reputation for creating luxury developments, lasting partnerships and local enrichment.
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Completion expected September 2021
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Award winning builder- Stevens Constructions
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Two bedroom residences available
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A selection of residences with water views remain
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Priced from $830,000 to $890,000
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Display suite located just 50 minutes from Sydney
Live beautifully on the Point in spectacular waterside homes with spacious living and large outdoor terraces. Features include wine cellars, grand lobby entrance amongst a long list of inclusions whilst perfectly positioned just metres to stunning Brisbane Water.
PROJECT STATUS Sold out
SUBURB Point Fredrick 18
CONTACT Bec Myers 0401 859 548
NEW SOUTH WALES
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View project BORONI APARTMENTS Due for completion 3rd quarter this year, Boroni is ideally located in a quiet street near transport, shopping, schools and parks. The brand new spacious 1 bedroom apartments feature efficient light-filled floorplans that appeal to all tastes. Boroni offers a perfectly balanced lifestyle. Sophisticated apartments, built within a quiet residential area, let you relax in comfort and serenity. Then, for moments when you seek more activity, the CBD's of Fairfield and Parramatta are just a short walk and drive away. Boroni lets you live a fulfilling urban live.
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Construction completing 3rd quarter 2021
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Brand new display now open
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Located close to shopping, parks, transport & schools
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Split system air-conditioning
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1 bedroom apartments
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Each feature efficient light-filled floorplans
With only a highly limited number of apartments available for purchase, Boroni’s high quality homes are a special and exclusive chance to embrace the Fairfield lifestyle.
PROJECT STATUS Under construction
SUBURB Fairfield 19
CONTACT Frank Bartolone 0411 477 758 Angela McInerney 0435 348 141
NEW SOUTH WALES
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CLEARWATER APARTMENTS Proudly positioned, opposite popular cafés, shops and medical centres, a short stroll from Westport Bowls, Settlement City, the CBD or waterfront and with broad views across pristine waterways to the far northern hinterland, construction has commenced at ‘Clearwater’, which will shortly emerge as Port Macquarie’s finest one and two-bedroom CBD apartment complex. With a design catering expressly for luxury one or twobedroom CBD living, ‘Clearwater’ provides a unique option for occupiers and investors alike, its interiors impressing with select highland oak flooring, gourmet stone kitchens, state-of-the-art bathrooms and ensuites plus more, as generous air conditioned living spaces open to broad entertaining terraces. At ‘Clearwater’, accommodation is of a truly exceptional standard.
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Exclusive development of 1 and 2-bedroom apartments
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CBD locale, easy access to education and health facilities
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Premium finishes throughout; prestige in-town living
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Air conditioned living spaces open to private terraces
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Currently under construction, only 2 remaining
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Outstanding opportunity for occupiers and investors alike
Located in Port Macquarie’s commercial hub, with easy access to hospitals, schools, TAFE, university and airport, this development has been limited to just 17 apartments.
PROJECT STATUS Under construction
SUBURB Port Macquarie 20
CONTACT Nathan Owen 0422 144 720 David Geary 0413 681 125
NEW SOUTH WALES
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EAST VILLAGE Set in a welcoming sought-after neighbourhood, these 22 unique garden residences exhibit timeless qualities and are a collection of one, two and three bedrooms.
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Completion expected November 2022
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Priced from $650,000 - $1,250,000
Sophisticated interiors showcasing custom lighting, premium kitchen and bathroom finishes and contemporary architecture. Emphasizing timber textures and natural elements throughout, the interiors flow to the wonderfully appointed private court gardens.
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Superbly central location just 10 minutes to M1 motorway
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Every residence opens to its own private court garden
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Opportunity to capitalise on area's projected growth
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Display gallery located 50 minutes from Sydney
The opportunity to own a residence crafted through collaboration between celebrated designers White Dickson Architects and visionary landscape designer Michael Cooke is unique to the market. A choice that will be rewarded with a quiet and peaceful enclave with options to embark on local coastal adventures or home entertaining and relaxation in your garden of character. Only a short stroll away from a buzzing café culture, winding shoreline and foreshore parks, this established neighbourhood is located within easy access to Erina Fair shopping centre, Terrigal Beach, train station and M1 motorway.
PROJECT STATUS Register your interest
SUBURB East Gosford 21
CONTACT Mike McGill 0418 118 407 Bec Myers 0401 859 548
NEW SOUTH WALES
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GALERIE Overlooking popular Town Beach and its adjacent parklands, in the heart of William Street’s stylish cosmopolitan hub, ‘Galerie’ is destined to become Port Macquarie’s most exclusive address. A state-of-the-art residential landmark, capturing a breathtaking panorama across golden beaches, rolling surf and wide blue ocean, to the far northern coastline. ‘Galerie’ presents 29 luxurious, two or three-bedroom air conditioned apartments, plus penthouses and town houses, each impressing with only the very finest inclusions, selectively incorporating lifestyle features such as butlers’ pantries, media rooms, terrace barbecues and more. Engineered timber flooring harmonises with contemporary decor, as gourmet stone kitchens integrate premium Miele refrigeration and appliances.
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Port Macquarie’s premier beachfront location
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Directly opposite magnificent Town Beach and parklands
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Prestige project by highly acclaimed ‘BLOC’ developers
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Unique designs, all with uncompromised quality and style
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All information available from McGrath Port Macquarie
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Last chance to secure off plan, just a few remaining
The ultimate in unabashed beachfront opulence, with sparkling swimming pool and extensive entertaining facilities, idyllically located just a short coastal stroll from Port Macquarie’s vibrant CBD; ‘Galerie’ is where lifestyle begins.
PROJECT STATUS Under construction
SUBURB Town Beach Port Macquarie 22
CONTACT Todd Bates 0420 318 305 Steve Newman 0425 252 520
NEW SOUTH WALES
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BANYANDAH Set within the idyllic surrounds of South West Rocks, in a quiet cul-de-sac leading to the clear blue waters of Spencers Creek, ‘Banyandah’ will shortly become a coveted and highlyexclusive, gated complex of just six premium single-level villa homes; each a haven of comfort and style, offering secure living in pristine surrounds, at an idyllic lifestyle locale on the New South Wales Mid-North Coast. These architecturally inspiring, fully detached homes will offer superior finishes throughout. Timber-grained vinyl planking will provide beauty and practicality, harmonising with fine tiles and quality carpets. Each will have three generous bedrooms. Stylish ensuites will impress, stunning bathrooms will feature contemporary free-standing tubs, gourmet kitchens will present with premium cabinetry and appliances, while open-plan living will flow to alfresco terraces and easy-care gardens.
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Six fully detached, architecturally inspiring villa homes
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Sublime location, metres from pristine Spencers Creek
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House-like designs feature three generous bedrooms
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Superior finishes throughout; homes to enjoy with pride
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Just minutes to town centre, cafés, clubs, golden beaches
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Only 4 remain available, $580,000 - $600,000
‘Banyandah’ translates to “home on the water” and paired with the sublime tranquillity of South West Rocks, its appeal is unmistakable. Positioned metres from the pristine, gentlyflowing waters, just minutes from town centre and beaches.
PROJECT STATUS Under construction
SUBURB South West Rocks 23
CONTACT Todd Bates 0420 318 305 Dean Glen-Holmes 0459 999 095
NEW SOUTH WALES
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View project EVERARD AT FLYNNS BEACH It’s here, ‘Everard at Flynns Beach’ presents as a brand new development of 11 luxury two and three-bedroom apartments, positioned literally metres from popular cafés and eateries, with the rolling surf and golden sands immediately at the end of the street; luxury beachside living, in appealing designs to suit a range of individual lifestyle options. With selections ranging from attainable luxury to expansive opulence, ‘Everard at Flynns Beach’ offers apartments to delight the broader discerning demographic, but the quality of finishes is consistently outstanding. Air conditioned living, fine tiles, gourmet stone kitchens with superior Smeg appliances, stunning bathrooms and ensuites; the list is endless and the result, genuinely impressive.
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Just five minutes from Port Macquarie CBD
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Eleven luxurious two and three-bedroom apartments
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Popular cafés nearby include café adjacent to the surf
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Healthy walk to CBD via adjacent coastal walkway
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Relaxed lifestyle or very rewarding investment
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Currently under construction, only 5 remain available
Select 'premium' apartments include direct elevator access, private terraces and intimate ocean glimpses, whilst views from the shared rooftop terrace are absolutely stunning.
PROJECT STATUS Under construction
SUBURB Port Macquarie 24
CONTACT Nathan Owen 0422 144 720 David Geary 0413 681 125
YOUR NEW HOME IS ALMOST READY
SUNSHINE COAST BRISBANE GOLD COAST
PORT MACQUARIE CENTRAL COAST SYDNEY CANBERRA
GEELONG
MELBOURNE 25
VICTORIA
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View project THE PARK HOUSE Brand new 1 and 2 bedroom apartments ready to occupy.
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Developer to pay 50% Stamp Duty until 30/09/21
The Park House has been thoughtfully designed for the most discerning occupant in mind. Located on the banks of the Yarra River in a tranquil north facing position opposite Studley Parklands and just around 3kms from the CBD.
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1 Bed $470,000 - $575,000; 2 Bed $643,000 - $900,000
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Award winning SJB Architects & Carr Design
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Sustainable 6+ Star Green living inside and out
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Victoria Gardens Shopping Centre just minutes walk
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The Park House is the ultimate lifestyle choice
Boasting world-class resident amenities at your fingertips including 20M indoor heated pool, gymnasium, cinema, resident’s lounge/library, kids play hut, bike workshop and golf simulation room. Every Park House apartment features: • Gaggenau appliances • Premium custom-designed fittings and fixtures • Extensive joinery in kitchens and bathrooms • Stone bench tops • Double glazing • European Oak engineered timber floorboards • Bulkhead VRV system airconditioning with rooftop condensers • Basement car park with storage (option to buy, only for 1 bedrooms)
PROJECT STATUS Completed
SUBURB Abbotsford 26
CONTACT Gary Jan 0418 117 272 Rod Adkins 0425 877 837
VICTORIA
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BALMORAL QUAY Located right on the water in Rippleside, Balmoral Quay is a collection of beautifully designed and magnificently appointed townhouses and apartments that connect residents to the very best Geelong has to offer. Elegantly arranged along the picturesque foreshore, these residences provide peerless quality, refined living and one of the most spectacular outlooks you could ever hope to enjoy. Each residence features spectacular open plan living spaces that flow out onto balconies and terraces, taking full advantage of the breathtaking views across the water. They have been meticulously designed, utilising the finest finishes to create homes that are elegant and timeless.
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60% sold and construction commencing shortly
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Opulent floor to ceiling tiles and brushed nickel tapware
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Contemporary design with low maintenance living
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Abundance of windows allowing natural light throughout
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Climate control is taken care of via ducted heating, A/C
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Ideal access for Melbourne commuters
The materiality of the residences takes inspiration from the surrounding environment and has been artfully arranged to provide high quality, versatile spaces. There is an inherent sense of quality that is immediately apparent in every residence. From the fixtures and finishes, to the carefully selected mix of textures, everything feels timeless and refined.
PROJECT STATUS Register your interest
SUBURB Rippleside 27
CONTACT Jim Cross 0408 305 615
VICTORIA
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NO.29 MERVYN Located in revered Newtown, 29 Mervyn Street showcases three individual residences, masterfully crafted with modern opulence.
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Contemporary architectural materials and colour tones
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Kitchen features Miele kitchen appliances
Designed by Kiril Architecture, specialists in bespoke homes for sophisticated living, these three and four bedroom lavish residences invite you to experience timeless luxury and individual privacy in peaceful seclusion.
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950mm gas log fireplace and ducted heating throughout
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European Oak engineered timber floorboards
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Integrated security system & double glazed windows
Every aspect has been carefully considered, with flexible multi-zone living, allowing adults and children to find their own solitude while also being able to come together with ease. Ground floors feature an open plan kitchen, dining and living area with gas log fireplace and separate functional laundry. Prepare gourmet meals with ease in a kitchen boasting striking stone benchtops complete with Miele appliances and an abundance of storage.
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Double garage with internal access
The open living areas are bathed in natural light, with vistas of surroundings through expansive double glazed windows and open to the generous deck creating the perfect indooroutdoor oasis.
PROJECT STATUS Under construction
SUBURB Newtown 28
CONTACT David Cortous 0416 164 336
More satisfied investment property owners
McGrath Property Management look after you, as well as your rental property. By always keeping you well informed with unrivaled market intelligence, reports on your property and the state of the rental market. Contact McGrath today and let us review your rental property and tell you how McGrath can give you a great return for your property.
mcgrath.com.au/rent PROPERTY MANAGEMENT
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QUEENSLAND
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HABITAT | BEACH HOMES After the successful sale of Stage One, McGrath Projects is proud to present Habitat Twin Waters: the final release. On a rare and exclusive beachside location, Habitat embraces the style, sophistication and culture of urban living. These are coastal residences like no other, low maintenance and a place where you can retreat to the comforts of home or engage in adventure and activity to your heart's content. Adjacent to Novotel Sunshine Coast, Habitat is positioned so residents can have it all, uncompromised.
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Stage 2 – Beach Homes at Twin Waters
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Positioned between the ocean and a lagoon
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A sought-after position within the Novotel Twin Waters
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Resort facilities include gym, mini golf, outdoor pool & spa
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Dine at Novotel’s Nouveau Restaurant and SOLA Bar
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Located only 10 minutes to Airport and 1 hour to Brisbane
This new and final release presents an exclusive number of beach homes; spacious and finely crafted by design. This is your chance to secure a beach home prior to public launch and with the sold out success of Stage One and high volume of interest received we don't see these being on the market for very long.
PROJECT STATUS Register your interest
SUBURB Twin Waters 30
CONTACT Jo Prince-Gillies 0448 911 016
QUEENSLAND
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EDEN ON ESKGROVE Where lifestyle meets living. Your days of picture blue skies, the cosmopolitan and the relaxed lifestyle of Brisbane awaits. Nestled in the leafy inner-riverside suburb of East Brisbane, Eden on Eskgrove offers the best of the best. Tucked away in a quiet enclave next to the beautiful Mowbray Park, this beautiful boutique development comprises of nine luxurious and spacious, two and three- bedroom residences. Bordered by the Brisbane River, this boutique address boasts convenience, being located just minutes from the city, via CityCat. Close to schools, parks, cafes and restaurants and the Gabba, East Brisbane is the city’s best kept secret.
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Completion anticipated August 2021
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Classic European kitchen finishes
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Light filled open plan kitchen and living
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Timeless and chic architecturally designed
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State-of-the-art smart security systems
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Only 5 mins to Brisbane CBD
With a premium quality lifestyle at your doorstep and embracing the best of inner-city residences, this development will be in high demand, once released and the secret is out. The interiors are uncompromising with unapologetic classic design and no expense spared, to ensure that each and every residence has been beautifully detailed with each individual resident’s needs in mind.
PROJECT STATUS Register your interest
SUBURB East Brisbane 31
CONTACT Jo Prince-Gillies 0448 911 016
QUEENSLAND
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THE BEACHFRONT Each residence features aesthetic design, an abundance of natural light and spaces, exceptional finishes, stunning views and convenient access to a private residents-only pool, corner store and cafe. The building exterior strikes a unique balance between architectural artistry and natural form. Bold architectural lines are enhanced with vertical timber screening, complementing the botanical allure of the cascading natural greenery to create an urban oasis with sub-tropical coastal character. Our development offers a selection of 3 & 4 bedroom designer apartments with extensive balconies and terraces taking in some of the most breathtaking views. Finest quality inclusions, loads of storage, and double garage for every apartment are just a tiny example of how far the design team and developers have gone in providing this top of class living experience.
PROJECT STATUS Register your interest
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Quality fixtures and fittings with European appliances
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Open planned layouts with large balconies
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Most residences include a separate beach room at entry
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Secure double parking and serviced elevators
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Resident’s only pool with changing room
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Recreational seating area & landscaped gardens
SUBURB Buddina 32
CONTACT Jo Prince-Gillies 0448 911 016 Corrin Banks 0431 984 909
QUEENSLAND
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UPPER WEST Upper West Arana Hills presents 26 luxurious architecturally-designed terrace homes, situated in the heart of the ever popular suburb of Arana Hills. Stylish and elevated, these stunning properties overlook expansive natural bushland and greenery, which is your neighbour. This boutique development consists of luxurious, three storey, architecturally-designed terrace homes. Each stunning residence features either 3 or 4 spacious bedrooms, modern bathrooms, a beautifully appointed kitchen, ducted air conditioning, BOSCH appliances, Caesarstone benchtops and an open planned living area flowing naturally onto a private terrace.
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Construction has commeneced
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Completion set for early 2022
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26 boutique luxurious terrace homes
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Brought to you by Avalon Developments
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Approximately 13km from Brisbane CBD
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Surrounded by park lands, local schools and shops
Bathed in natural light and air, every element of Upper West has been thoughtfully considered to capture nature and ventilation. Simple, clean modern lines, open air and soft sunlight serenely illuminates the living room. The interiors feature natural tones and luxe materials for a neutral palette, to keep your home feeling refined.
PROJECT STATUS Under construction
SUBURB Arana Hills 33
CONTACT Daniel Jowitt 0438 512 661
QUEENSLAND
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HAWTHORNE RESIDENCES Presenting Hawthorne Residences - expansive light filled layouts with state-of-the-art inclusions throughout, no expense has been spared to create the ultimate of luxurious, low maintenance living. This is your chance to secure before we launch! This exclusive boutique development comprises of just 13 brand new residences. Its breathtaking interiors were purpose-built for entertaining, featuring oversized living and dining spaces.
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Boutique development of only 13 residences
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2, 3, 4 & 5 bedroom plans available over 3 floors
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Light filled open plan kitchen and living
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Lavish interior finishes with superior design elements
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Modern bathrooms giving a feeling of timeless opulence
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Secure now and move in late 2021
Located within the highly regarded and sought-after suburb of Hawthorne and walking distance to premium Bulimba and the river, it is only meters away from a selection of esteemed restaurants, popular local bars, boutiques and shopping amenities, providing enviable access to everything that Brisbane has to offer via Hawthorne or Bulimba ferries.
PROJECT STATUS Under construction
SUBURB Hawthorne 34
CONTACT Jo Prince-Gillies 0448 911 016 Simon Chipman 0473 938 180
Home loans made simple. That’s refreshing.
oxygen.com.au 35
AUSTRALIAN CAPITAL TERRITORY
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82W 1, 2 and 3 bedroom apartments, built by BLOC.
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134 apartments, to be built by BLOC
82 Wentworth Avenue, Kingston.
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Exclusive residents-only private gym and wellness space
No flash cars, beautiful models or fancy coffees.
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We have a parcel management system
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Created by Canberrans for Canberrans
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Construction underway
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Completion due mid 2022
Just well-designed, well-built, great value apartments in Kingston. Without the marketing BS.
min EER6
PROJECT STATUS Under construction
SUBURB Kingston 36
CONTACT Justin Ingram 0431 116 399
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We believe information contained in our Monthly Report is accurate however interested parties should rely upon their own enquiries. Photography and computer generated imagery are indicative only.
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