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A Bundamba, Queensland mortgagee home has been sold for $269,000.
The sale marks a loss of $11,500 since the home last sold for $280,500 in 2015.
Gai Flynn of First National Real Estate marketed the house.
Situated at <a href="https://www.realestate.com.au/sold/property-house-qld-bundamba-133038298" target="_blank">12A Charles Street</a>, the abode is comprised of three bedrooms and one bathroom across two stories.
Set on 700 sqm, the house was previously marketed in 2019 when the vendors sought $319,000.
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The median house price in Bundambah is $308,000.
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j.ballantyne1990-6AQqhLzZaK

Bundamba, Queensland mortgagee home sold for minor loss

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An Acacia Ridge, Queensland mortgagee home has been sold for $195,000.
The townhouse last sold for $250,000 in 2007.
As a result this latest sale represents a $55,000 reduction in value.
Mark and Debra Affleck of Elders Town &amp; Country marketed the property.
Situated at <a href="https://www.realestate.com.au/property-house-qld-acacia+ridge-132090306" target="_blank">13/80 Oswin Street</a>, the two level townhouse is a three bedroom, one bathroom abode.
Set on 181 sqm, the townhouse was described in the listing as "a great opportunity for first home owners, investors and buyers looking to downsize."
This property is located within a gated complex of Acacia Ridge, behind the Acacia Market Place. 
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The median price for a home in Acacia Ridge is $395,000 according to CoreLogic.
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Acacia Ridge, Queensland mortgagee home sold for minor loss

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EXPERT OBSERVER
Urban Taskforce CEO today welcomed the announcement made by Hon Alan Tudge MHR, Federal Minister for Population, Cities and Urban Infrastructure, of urgent reforms to planning laws to ensure there is no increase in the timeframes for planning decisions.
The good news is that all Planning Ministers across Australia, as well as the Local Government Association have agreed to a set of principles.
The agreed principles are:  "Decision making in the public interest is a paramount theme in all planning systems and this must continue as a guiding consideration. Transparency for stakeholders about changes to systems and particular decisions. Decisions made within jurisdictions are consistent, where possible. Consideration of the level of public interest in a particular planning change or development proposal. Balancing administrative and legal review rights with the need to address the pandemic emergency and to assist community and economic recovery. All reasonable effort is made to maintain the usual pace of planning approvals recognising, as far as practical, community consultation will continue through new forms of communication recognising social distancing requirements." 
However, in NSW, the Planning system had stagnated well before COVID-19. The emphasis on strategic planning has resulted in Councils focussing on the preparation of Local Strategic Plans (LSPSs) and Local Environment Plans (LEPs). The problem was highlighted by the NSW Productivity Commissioner well before COVID-19. Late in 2019 he found that NSW was the slowest in Australia.
In NSW, just ‘keeping up the pace of planning decision making’ is not good enough. We need to cut red tape and duplication of planning processes and kick-start the economy. The status-quo will not sling-shoot the economy out of recession, it will exacerbate it. “NSW State Government leadership is necessary to prevent an economic crisis.
Urban Taskforce CEO expressed some concern however, that we have heard this all before.
On 27 November, 2019, the Premier announced “MAJOR PLANNING REEFORM TO DRIVE JOBS AND INVERSTMENT IN NSW”.
These reforms were to focus on:
1. Cut red tape, increase transparency, reduce assessment timeframes and make e-planning mandatory for metro councils; 2. Supercharge new hubs across NSW to ensure people can live in communities close to their work; 3. Fix the uncertainty of developer contributions to boost investment; and 4. Preserve our heritage, create beautiful new public places, and promote good design.
Urban Taskforce supports all of these goals, but we urge the NSW Government to take action on Planning Reform. There is no time for ‘a plan for a plan’. 
There are billions of dollars-worth of private sector investment capital which have been stuck in the planning system and therefore not flowed into the NSW economy.
Recent initiatives taken by Minister Stokes and Treasurer Perrottet to fast-track projects through the bottle necks are strongly supported but changing the system to ensure they don’t get stuck in the first place is also critical, particularly now.
Reform in Planning has been on the agenda since the Premier’s announcement in November 2019.
So far, the Government has delivered mandated e-planning; the appointment of the Productivity Commissioner to look at developer contributions for local infrastructure; and some significant improvements to the operation of the IPC. While welcome, these improvements do not address the Premier’s mandate.
The special measures established to deal with COVID-19 are all welcome – but more fundamental reform is urgently needed.
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National action on planning reform welcomed but NSW needs more: Tom Forrest

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A local investor has purchased a childcare centre in Mount Helen in Victoria from a local private for $4,275,000.
Located at 1848 Geelong Road, the centre is currently occupied by tenant Goodstart Early Learning. The yield achieved was 6.40%.
The 120 place child care centre provides fixed annual rental growth of 5% and is situated on a 3,187 sqm landholding with dual frontages. The centre is ideally situated opposite Federation University, IBM and other major organisations within Mount Helen
The deal was negotiated by Mark Stafford, Julian Heatherich and Benson Zhou from Savills Australia.
“Through our extensive database of highly qualified and motivated buyers, Savills was able to implement a strategic and targeted off-market database campaign, and ultimately achieve a premium result for our client’ said Mr Stafford.
Mr Stafford added that “the sale price highlights the ongoing demand we are experiencing for income generating assets, with high quality tenants throughout Victoria”.
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Mount Helen childcare centre sold to local investor

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Mirvac has lodged a development application for the next stage in its $1 billion Waterfront Newstead community.
The DA significantly expand's the area's signature waterfront parkland, along with offering quality apartments, lifestyle amenities and retail.
Described as a building 'sculptured in the green', the new Sky Precinct features lush landscaped balconies matched with a ground-level tropical oasis of water, shaded enclaves and grassed areas, with 60 per cent of the 5,400sqm site, fronting Waterfront Park on the Brisbane River in Newstead, dedicated to open space.
Mirvac Queensland Residential General Manager Warwick Bible said the Mirvac team was 'tremendously excited' about the proposal for the Sky Precinct, which was set to follow in the footsteps of the previous landmark stages of Waterfront Newstead - Pier, Park and Unison.
Mr Bible said, "The proposed new building has been designed by the award-winning Mirvac Design team, who have worked hand in hand with landscape architects, RPS."
Mirvac Design’s Design Director, Michael Wiener, described the Sky Precinct as 'a park within a park' with green space providing the canvas for the built form.
Offering one, two and three bedroom apartments, with a limited collection of premium four bedroom residences, the Sky Precinct will boast views of the Brisbane River.
Mr Bible said, "at ground level, the Sky Precinct will boast a wellness centre for residents, complete with a gymnasium and yoga studio overlooking water features and tropical landscaping."
"Further up the building, a resident's lounge and private dining room offer the ideal space for special gatherings with premium finishes and panoramic views of the New Farm reach of the Brisbane River. Atop the building is a 25 metre infinity edge pool with views to the city and river, alongside a spa and barbeque terrace," he added.
Mr Bible said Mirvac's vision for the Sky Precinct was created following engagement with the local community.
The Sky Precinct, located at 58 Skyring Terrace, is being developed in-line with the Newstead and Teneriffe Waterfront Neighbourhood Plan.
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Mirvac lodges DA for $1 billion Waterfront Newstead community in Brisbane

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EXPERT OBSERVER
China’s economy contracted by the most since 1992 in the March quarter – as expected – as government coronavirus (COVID-19) containment measures shut down large swathes of the world’s second largest economy.
This week the International Monetary Fund (IMF) estimated that China’s annual economic growth rate for 2020 would average 1.2 per cent. Should this eventuate, it would be the slowest growth rate since the final year of the Cultural Revolution in 1976, reflecting the huge economic and social toll wrought by the virus.
That said, it appears that some ‘green shoots’ are emerging on China’s supply side. Bloomberg economists estimate that China’s back-to-work rate had climbed to around 95 per cent by April 10 with some coronavirus-enforced restrictions being eased. Data from Bloomberg also shows that larger industrial enterprises – oil refineries, steel mills and construction companies – have mostly resumed operations. In addition, around 85 per cent of small business reported being back at work last week.
And in promising news for Aussie exporters, China’s Ministry of Housing and Urban-Rural Development has advised that 85 per cent of housing-related and municipal infrastructure projects - that were delayed due to COVID-19 enforced shutdowns - had resumed construction on April 1.
On Thursday, China’s central bank Governor Yi Gang said, “Chinese economic growth is resilient”. And judging by China’s historic-high total new credit data in March, it appears policymakers are willing to provide solid support to the COVID-19 ravaged economy.
The People’s Bank of China have continued to cut lending rates and reduce funding costs, supporting credit expansion. And in another positive sign, China’s residential home prices lifted in March on the back of pent-up demand following February’s lockdown. On the demand side, international trade data was better-than-expected in March, but that will be short-lived with major trading partners now grappling with their “lockdown recessions.”
What do the figures show? The Chinese economy (GDP) contracted by 9.8 per cent in the March quarter (forecast: -12.0 per cent). GDP contracted at a 6.8 per cent annual rate in the year to March (forecast: -6.5 per cent), following a 6 per cent expansion in the year to December. It was the sharpest contraction in economic activity since at least 1992 when official GDP records began.
Retail sales fell at a 15.8 per cent annual rate (forecast: -10 per cent) after declining at a 20.5 per cent annual rate in the year to January/February. Over the year to March, spending fell the most on restaurants &amp; catering (down 46.8 per cent), clothing (down 34.8 per cent), jewellery (down 30.1 per cent), household electronics (down 29.7 per cent), furniture (down 22.7 per cent) and motor vehicles (down 18.1 per cent). But spending lifted on food (up 19.2 per cent), medicine (up 8 per cent), telecommunications (up 6.5 per cent) and office supplies (up 6.1 per cent).
Industrial production fell at a 1.1 per cent annual rate in March (forecast: -6.2 per cent) after declining at a 13.5 per cent rate in January/February. Over the year to March, production fell the most for manufacturing (down 1.8 per cent), followed by power supply and energy (down 1.6 per cent). But mining was up 4.2 per cent. By industry, auto manufacturing fell by 22.4 per cent, but pharmaceuticals (up 10.4 per cent) and telecommunications (up 9.9 per cent) both rose the most.
Fixed-asset investment fell at a 16.1 per cent annual rate in March (forecast: -15 per cent) after declining at a 24.5 per cent rate in January/February. Over the year to March, investment fell by the most for the private sector (down 18.8 per cent) followed by state-owned enterprises (down 12.8 per cent). By industry, investment by textiles (down 37.1 per cent), general equipment (down 32.1 per cent), and railways and ships (down 31.6 per cent) fell the most. But investment in utilities rose by 2 per cent.
Chinese property investment fell at a 7.7 per cent annual rate over the year to March following a 16.3 per cent contraction over the year to January/February.
The unemployment rate (nationwide survey-based jobless rate) fell from record high of 6.2 per cent in January/February to 5.9 per cent in March.
What are the implications for interest rates and investors?
While China’s economy is expected to bounce-back in the June quarter – supported by a lift in infrastructure spending, lower interest rates and reduced bank borrowing costs – the recovery in 2020 is expected to be modest. In fact, CommBank Group economists are predicting annual growth of just 3 per cent this year as labour market strains hold back consumer spending.
The long road back to recovery is no more evident than in China’s jobs market. A recent study by China’s Peking University shows that the number of new positions on offer shrunk by 27 per cent in the March quarter, led by recruitment cuts among exporters and foreign enterprises. And round 2.3 million people received unemployment insurance in January and February, according to the Ministry of Human Resources and Social Security. A Reuters poll of economists estimates that nearly 30 million jobs may be lost in China in 2020, crimping consumer spending.
And on the demand side, external headwinds are intensifying as China’s major trading partners endure deep recessions. Government containment efforts in the US, UK, Europe and Australia to contain the pandemic - including business shutdowns, travel bans and social distancing measures – will continue to adversely impact trade, supply chains and demand for Chinese goods.
The IMF expects the Chinese economy to rebound by 9.2 per cent in 2021. If this forecast is realised or exceeded, Australia’s own road to recovery will be enhanced. But our economic dependence on China is likely to be questioned after we emerge from the crisis.
Preliminary Australian March international trade data is scheduled for Thursday March 23.
RYAN FELSMAN is a Senior Economist at CommSec
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Coronavirus causes China's GDP to fall for the first time ever

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EXPERT OBSERVER
RE/MAX Australia Managing Director Michael Davoren puts his network’s support behind the Real Estate Institute of Queensland’s call to the Queensland Premier to reconsider proposed measures relating to tenancy.
Mr Davoren vehemently agrees with the REIQ that a more balanced and fairer framework providing equal protection for renters and owners of investment properties is needed.
The REIQ has taken the fight to the state government because the right of the landlords has been completely eroded – and the pervading perception of landlords as wealthy landowners is false. Fact is that 77 per cent of singe-property landlords are ‘ordinary people’ earning less than $100,000 a year.
Mr Davoren’s concern is that the current ‘protections’ are potentially devastating to a much broad sector of the population.
I have grave concerns about the information the Queensland Government is basing its decisions on.
People in the real estate industry – residential and commercial - have access to possibly more sectors of the population than any other, and certainly at the grass roots level.
This is about shelter… and when you talk about shelter – whether for residential or commercial premises, for owner occupiers, for tenants, for businesses – all roads lead to real estate.
We in the real estate industry are the experts in our field, just as those in the medical profession are the experts. Stop listening to people who are not the experts.
Mr Davoren agrees that governments have to lean towards the tough side when it comes to COVID-19, the virus itself, because it involves saving lives but he suggests what the Queensland government is doing in relation to landlords and tenants goes beyond dealing with the virus.
It’s a short-sighted vision. If the proposed measures go through, large numbers of landlords will divest themselves of their investment property as soon as they can. The tenant becomes the real loser. With fewer properties to rent, rents will go through the roof.
He said leadership particularly now, needed to demonstrate confidence, strength and sensitivity, and such leadership was drawing the real estate industry together, on its own behalf and on that of real estate consumers, to address how COVID-19 affects the population.
REIP (Real Estate Industry Partners), a group of the largest real estate brands and independents in Australia, is across state boundaries and engages all levels of government. At the state level, all the institutes are stepping up.
Chairman Peter Brewer and CEO Antonia Mercorella have stood up as leaders in a time when good leadership is needed like never before.
He said the Palaszczuk Government was quick to respond to the thousands of letters it received in a day from landlords, following the launch of the REIQ’s ‘Everybody Matters’ campaign.
It was pleasing to read that the Queensland government promised to consult more widely on its proposed rental protections but I sincerely hope this happens in time to prevent  the initially proposed measures being passed when Parliament sits on Wednesday 22 Apri.
MICHAEL DAVOREN is the RE/MAX Australia Managing Director 
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RE/MAX head calls for Queensland to rethink COVID-19 rental rules

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A landmark family home occupying one of the largest riverside positions in Bicton, Perth has hit the market for the first time in 32 years. 
It has been offered by Cheryl Stewart and Margaret Henderson of Central Estate Agents Subiaco with over $3.85 million hopes.
The five bedroom, three bathroom home is sitting on an 800sqm block at <a href="https://www.realestate.com.au/property-house-wa-bicton-128993702" target="_blank">3 Crewe Street.</a> 
The ground level comprises formal sitting room, dining room, two family rooms, kitchen and meals area overlooking gardens. 
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2020/4/14/bicton%202.jpg" alt="">
Level two consists master suite opening onto verandas and four additional bedrooms plus study. 
The fourth level of the home offers open plan studio with river views. 
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2020/4/14/bicton%203.jpg" alt="">
Other features include lower level basement with cellar, pool double garage and river views. 
The home is located within close proximity to the Swan River, the Point Walter Reserve and Blackwall Reach round to East Fremantale. 
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Bicton, Perth riverside trophy home hits the market 

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EXPERT OBSERVER
In the past week, a sharp decline in sentiment has been seen amongst Australian consumers and business. In the US, President Trump and the market remain optimistic on the ability of their economy to rebound quickly from this crisis, but data to hand is increasingly challenging this view.
Beginning with our business sector, <a href="https://westpaciq.westpac.com.au/wibiqauthoring/_uploads/file/Australia/2020/April/er20200414BullAustralianbusinessconditionsMarch.pdf">the NAB business survey</a> reported a dramatic decline in confidence, the index declining from -2pts in February to -66pts in March as severe restrictions over trading and social gatherings were implemented. The March level of the index compares to a reading of around -30 at the depths of the GFC, and -24 in the 1990’s recession.
Conditions also fell sharply this month, from 0pts to -21pts. This outcome is worse than the GFC (-17pts), but not as bad as the 1990’s recession (-39pts). All the components of conditions were weak in March, and the experience of businesses across the states was uniform. Unsurprisingly, business is reticent to invest in this climate, the capex expectations index falling to -23, below the GFC low of -20. Fiscal measures introduced to accelerate business investment are then set to struggle.
Turning to the Australian consumer, in April our <a href="https://westpaciq.westpac.com.au/wibiqauthoring/_uploads/file/Australia/2020/April/er20200415BullConsumerSentiment.pdf">Westpac-MI consumer sentiment survey</a> registered the single biggest monthly decline in the 47 year history of the survey, taking the Index beyond its GFC lows to 75.6, levels only seen during the deep recessions of the early 1990s (64.6) and early 1980s (75.5). As detailed by Chief Economist Bill Evans, it is “pertinent to note that the lows in previous recessions were reached after one to two years of continuous deterioration compared to the one month collapse we have seen here”.
Consumers’ view of the ‘economy, next 12 months’ recorded its biggest monthly fall on record, a 31% drop to 53.7, in line with GFC lows. Households are however still optimistic that this is only a temporary shock, with the ‘economy next 5yrs’ sub-index only down 3.8% to 87 – still above this cycle’s lows of 85.5 averaged during the second half of 2014.
Views on family finances were also hit in April, though the cost was much less severe than for immediate expectations of the economy (down 14.8% for ‘finances, versus a year ago’, and 6.6% for ‘finances in the year ahead’). While households are hopeful regarding their financial position, very clearly they are taking preventative measures when it comes to spending, ‘time to buy a major household item’ plunging 31.6% in the month – also its largest ever shock. As detailed in the survey release, health concerns and social distancing requirements are likely on the minds of consumers, in addition to their finances. 
A similar argument can be posited for housing, with sentiment around the sector having collapsed in April. ‘Time to buy a dwelling’ fell 26.6%, and house price expectations declined by over half (-50.8%). These outcomes are discussed in more detail by <a href="https://www.propertyobserver.com.au/https://westpaciq.westpac.com.au/Article/42983">Chief Economist Bill Evans</a> in our weekly video update, along with the responses to a number of special questions on the experience of consumers in this outbreak – <a href="https://westpaciq.westpac.com.au/wibiqauthoring/_uploads/file/Australia/2020/April/er20200415BullConsumerSentiment.pdf">also highlighted in the bulletin</a>. 
Turning to the labour market, while <a href="https://www.propertyobserver.com.au/https://westpaciq.westpac.com.au/Article/42990">the unemployment rate</a> was little changed in March at 5.2%, Westpac-MI unemployment expectations continued to rise, another 8% increase seen in April. Helpfully, the current level for the index of 130 is well below that seen in the GFC and the 1990’s recession, circa 180 and 170 respectively. Presumably, the Government’s JobKeeper package has given households some confidence in the labour market. It is also likely that households view the threat of job loss as temporary because it is being caused by a virus. On this point, while Westpac expect the unemployment rate to peak around 9% mid-2020, by the end of 2020, it should be back near 7%.
The significance of the JobKeeper program to Australia’s economic outlook was a key topic discussed by Chief Economist Bill Evans in our inaugural <a href="https://www.propertyobserver.com.au/https://westpaciq.westpac.com.au/Article/42984">Market Outlook in conversation podcast</a>. In this edition, Bill was joined by our Head of Financial Market Strategy Robert Rennie who covered off on key financial market developments, particularly with respect to the Australian and US dollar.
Turning to the US, the economic situation they face as a result of COVID-19 is becoming more and more severe. In just four weeks, around 22 million US citizens have now filed for unemployment benefits after losing their jobs. This loss will see the unemployment rate rise from 4.4% at March to around 15% in April. Further job loss has to be expected, and so the peak for the employment rate will be closer to 20% come mid-2020. Despite the benefit of precautionary buying in March, retail sales have already been hit hard, falling 8.7% in March, the worst outcome on record. Another, likely larger, decline will be seen in April, with durable goods and discretionary services expected to be the hardest hit.
While a sharp reduction in consumption is the prime shock coming to the US as a result of this crisis, investment in housing and the business sector has also been hit hard, and will remain weak for some time. Both Westpac and the IMF expect a contraction in US GDP of around 6.0% in 2020. While the IMF forecast a V-shaped recovery, circa 5.0% growth in 2021, we are much more circumspect, instead anticipating year-average growth around 1.0%. Hot spots such as New York City look to be coming under control, but the virus has now spread across the US, making it difficult to trace and contain. This will delay a return to normal conditions, with wide-ranging economic consequence. 
ELLIOT CLARKE is a <a href="https://www.propertyobserver.com.au/https://westpaciq.westpac.com.au/Article/42750" target="_blank">senior economist at Westpac</a> 
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COVID-19’s terrible toll: Elliot Clarke

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GUEST OBSERVATION
It’s hard to forget the thick smoke plumes <a href="https://theconversation.com/bushfire-smoke-is-everywhere-in-our-cities-heres-exactly-what-you-are-inhaling-129772">blanketing</a> Australia’s cities and towns during the black summer. But consecutive days of smoke haze can also come from planned burns to <a href="https://www.mssanz.org.au/modsim2013/A3/meyer2.pdf">reduce fuel loads</a>, and <a href="https://theconversation.com/logging-burns-conceal-industrial-pollution-in-the-name-of-community-safety-96712">fires set after logging</a>.
Expanding planned burning is often touted as a way to mitigate the risk of bushfires rising with climate change. But the autumn burn-off season is bad news for the COVID-19 pandemic, as smoke exposure can make us more vulnerable to respiratory illnesses.
In fact, <a href="https://www.theage.com.au/national/victoria/months-of-haze-doctors-demand-smoke-pollution-check-as-pandemic-raises-burn-off-fear-20200407-p54hy4">doctors in the Yarra Valley</a>, Victoria, are campaigning for better air quality monitors. They argue burn-offs are a serious health risk during this pandemic, particularly with asthma inhaler stocks in <a href="https://www.health.gov.au/ministers/the-hon-greg-hunt-mp/media/interview-with-deborah-knight-on-2gb-about-covid-19">limited supply</a>.
Yes, planned burns can be useful, but they offer limited protection from bushfires and, right now, they pose an immediate health risk. It’s a reasonable bet that planned burning will do us more harm than good in 2020.
The same can be said of <a href="https://soe.environment.gov.au/theme/ambient-air-quality/topic/2016/fine-particulate-matter-pm25">other sources of smoke</a>, including from logging regeneration burns, wood heaters, backyard burn-offs and burning fossil fuels.
How does smoke from bushfires hurt our lungs?
Smoke pollution from the black summer <a href="https://onlinelibrary.wiley.com/doi/full/10.5694/mja2.50545">may have killed</a> more than 400 people, and sent 4,000 people to the hospital.
Bushfire smoke includes fine particles – less than 2.5 micrometers in size (one micrometre is a ten-thousanth of a centimetre) – that can reach to the ends of our lungs and enter the bloodstream. They <a href="https://www.mua.org.au/sites/mua.org.au/files/uploads/201912%20-%20CAR%20factsheet%20-%20Bushfire%20Smoke%20and%20Health.pdf">compromise our immune system</a>, weakening our <a href="https://www.researchgate.net/publication/340343851_Environmental_pollutants_modulate_RNA_and_DNA_virus-activated_miRNA-155_expression_and_innate_immune_system_responses_Insights_into_new_immunomodulative_mechanisms">antiviral defences</a>.
Smoke also has a toxic mix of metals and organic chemicals that include <a href="https://www.sciencedirect.com/science/article/pii/S0048969719347874">known carcinogens</a>. Even short term exposure increases hospital admissions and ambulance call-outs in Australia for chronic obstructive pulmonary disease, asthma, cardiovascular attacks and <a href="https://theconversation.com/how-does-poor-air-quality-from-bushfire-smoke-affect-our-health-126835">other health effects</a>.
It’s not just humans – health impacts from smoke <a href="https://ca.audubon.org/news/birds-suffer-air-pollution-just-we-do">extends to wildlife</a>, with smoke reducing their ability to mount an immune response and <a href="https://iopscience.iop.org/article/10.1088/1748-9326/aa8051/meta">increasing their stress</a>.
The <a href="https://www.nature.com/articles/s41598-018-25847-1">ecological effects</a> of smoke can also compromise animal survival, including making it harder for them to <a href="https://iopscience.iop.org/article/10.1088/1748-9326/aa87ed/meta">forage</a>.
Exacerbating COVID-19
Smoke exposure causes inflammation in the lungs, as does coronavirus infection. But it’s a not a simple equation; they likely act in a synergistic way with complex interactions.
Recent studies have linked worse outcomes of COVID-19 infections with <a href="https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7083240/">long-term cigarette smoking</a> and <a href="https://www.sciencedirect.com/science/article/pii/S0269749120320601?via%3Dihub#bib6">air pollution</a>, both of which have similar chemical components to <a href="https://pubs.acs.org/doi/abs/10.1021/es981277q">wood smoke</a>.
New research from the USA shows average air pollution with one extra microgram of fine particles per cubic metre is associated with a 15% higher death rate from <a href="https://projects.iq.harvard.edu/files/covid-pm/files/pm_and_covid_mortality.pdf">COVID-19</a>.
In other words, if COVID-19 has a base death rate of about <a href="https://www.thelancet.com/journals/laninf/article/PIIS1473-3099(20)30244-9/fulltext">1 in 100</a>, and fine particles in air pollution span from near one microgram/litre to higher than 12 in major <a href="https://projects.iq.harvard.edu/files/covid-pm/files/pm_and_covid_mortality.pdf">urban centres</a>, then the death rate could more than double to 2.65 per 100 infections.
Research into other viral infections shows just two hours of exposure to smoke can make people <a href="https://www.atsjournals.org/doi/full/10.1164/rccm.201807-1287OC">more susceptible</a> to respiratory infections. But what we’re uncertain about is if short term exposure to smoke would illicit the same dire consequences – dramatically higher death rates – as there appears to be with long-term exposure to air pollutants.
What’s more, men could be more at risk than women. Men find it harder to fight off the flu than women, and prior exposure to wood smoke can make flu symptoms <a href="https://www.ncbi.nlm.nih.gov/pmc/articles/PMC6467314/">worse in men</a>.
Planned burning is under pressure
The amount and pattern of planned burning is under pressure to change. Some <a href="https://theconversation.com/theres-only-one-way-to-make-bushfires-less-powerful-take-out-the-stuff-that-burns-129323">commentators</a> are campaigning for increased planned burning, but others are <a href="https://theconversation.com/percentage-targets-for-planned-burning-are-blunt-tools-that-dont-work-39254">asking for less</a>, and the <a href="https://www.propertyobserver.com.au/https://www.abc.net.au/news/2020-01-07/fuel-reduction-burn-debate-rubbish-says-vic-fire-chief/11849522">Victorian firefighter chief has said</a> it’s no silver bullet.
While planned burns aim to reduce wildfire, it’s <a href="https://ro.uow.edu.au/cgi/viewcontent.cgi?article=5330&amp;context=smhpapers">not yet clear</a> whether this will ultimately alter the amount of smoke over communities.
On the one hand, planned burns could pump more smoke into the atmosphere than wildfires because <a href="https://ro.uow.edu.au/cgi/viewcontent.cgi?article=5330&amp;context=smhpapers">larger areas need to be burned</a>, smoke can build up and <a href="https://www.mssanz.org.au/modsim2013/A3/meyer2.pdf">hang around for longer</a>, and planned burns could produce <a href="https://ro.uow.edu.au/cgi/viewcontent.cgi?article=5330&amp;context=smhpapers">more toxic smoke by burning wetter fuels</a>.
On the other hand, planned burns have lower severity and are <a href="https://www.publish.csiro.au/WF/WF16167">more patchy</a> than wildfires, so burn less of the vegetation in a given area, potentially producing less smoke.
What about protection? Planned burns can make <a href="https://www.aph.gov.au/About_Parliament/Parliamentary_Departments/Parliamentary_Library/Publications_Archive/CIB/cib0203/03Cib08">firefighting easier for a few years after fire</a>. But current rates of planned burning give little protection for houses when wildfires are driven by <a href="https://theconversation.com/a-surprising-answer-to-a-hot-question-controlled-burns-often-fail-to-slow-a-bushfire-127022">extreme weather</a>.
Planned burns within a few hundred metres of houses <a href="https://journals.plos.org/plosone/article?id=10.1371/journal.pone.0029212">can give protection</a> but must occur frequently, such as less than every <a href="https://www.publish.csiro.au/WF/WF18128">five years</a>. We shouldn’t expect towns to endure local smoke pollution this often.
A matter of timing
In the context of COVID-19, the seasonal timing of fires is also important.
Flu risk is lowest in the <a href="https://www.healthdirect.gov.au/flu-trends-in-australia">summer months</a>, and COVID-19 might <a href="https://newsroom.unsw.edu.au/news/health/dreaded-duo-australia-will-likely-hit-peak-coronavirus-cases-around-flu-season">peak in late winter</a>. This means smoke from wildfires in summer may have less impact than smoke from planned burns in autumn and spring.
 
The coming summer is unlikely to bring a repeat of last summer’s fires because so much forest is already burnt.
So, even if COVID-19 spills over into 2021, the compounding smoke risk from wildfires is likely to be lower than smoke from planned burns in autumn and spring.
Not worth it
All things considered, it’s not worth the health risk to conduct planned burns, logging regeneration burns or other burning this year while the pandemic continues to sweep through the country, particularly in areas close to towns such as the Yarra Valley.
Still, whether or not planned burns will change our total exposure to smoke from bushfires, the effects of climate change are <a href="https://agupubs.onlinelibrary.wiley.com/doi/abs/10.1029/2019GL083699">definitely bringing more fire</a> and with it more smoke.
This means we can expect to have to deal with interactions between virus risks and smoke risks more often in the future.<img src="https://counter.theconversation.com/content/136230/count.gif?distributor=republish-lightbox-basic" alt="The Conversation" width="1" height="1" style="border: none !important; box-shadow: none !important; margin: 0 !important; max-height: 1px !important; max-width: 1px !important; min-height: 1px !important; min-width: 1px !important; opacity: 0 !important; outline: none !important; padding: 0 !important; text-shadow: none !important;">
<a href="https://theconversation.com/profiles/don-driscoll-17432">Don Driscoll</a>, Professor in Terrestrial Ecology, <a href="https://theconversation.com/institutions/deakin-university-757">Deakin University</a>; <a href="https://theconversation.com/profiles/brian-oliver-113740">Brian Oliver</a>, Research Leader in Respiratory cellular and molecular biology at the Woolcock Institute of Medical Research and Professor, Faculty of Science, <a href="https://theconversation.com/institutions/university-of-technology-sydney-936">University of Technology Sydney</a>; <a href="https://theconversation.com/profiles/courtney-alice-waugh-1032568">Courtney Alice Waugh</a>, Associate Professor in Immunology and Disease, <a href="https://theconversation.com/institutions/nord-university-3607">Nord University</a>; <a href="https://theconversation.com/profiles/marcel-klaassen-425221">Marcel Klaassen</a>, Alfred Deakin Professor and Chair in Ecology, <a href="https://theconversation.com/institutions/deakin-university-757">Deakin University</a>, and <a href="https://theconversation.com/profiles/veerle-l-b-jaspers-1032459">Veerle L. B. Jaspers</a>, Professor, <a href="https://theconversation.com/institutions/norwegian-university-of-science-and-technology-715">Norwegian University of Science and Technology</a>
This article is republished from <a href="https://theconversation.com">The Conversation</a> under a Creative Commons license. Read the <a href="https://theconversation.com/the-smoke-from-autumn-burn-offs-could-make-coronavirus-symptoms-worse-its-not-worth-the-risk-136230">original article</a>.
</body></html>

The smoke from autumn burn-offs could make coronavirus symptoms worse

Melbourne developer Spacious Group has completed Voyage Altona, one of the closest new apartment developments to Altona Beach.

Off the plan purchasers have started moving into the 49-apartment project on Pier Street, with the remaining move-in-ready one-, two- and three-bedroom apartments starting from just over $500,000.

Display apartments have now been fitted out, allowing prospective buyers to inspect the completed residences by appointment.

[smartcode_project:default project_id=112195 project_image_fid=372638]

The completed apartments feature open-plan living and dining areas which extend onto private balconies and terraces, while full-height glazing maximises natural light throughout the interiors.&nbsp;

Hybrid timber-look flooring, stone benchtops, Miele appliances, porcelain-tiled bathrooms and generous storage feature throughout the building which also features landscaped communal areas, expansive shared terraces, lift access and secure on-grade parking.

Drawing inspiration from its bayside setting, Voyage adopts a restrained palette of warm neutral tones and textured finishes. Many of the apartments take advantage of views across Port Phillip Bay, while the indoor-outdoor living spaces have been designed to make the most of the coastal outlook.

[smartcode_project:default project_id=112195 project_image_fid=3286]

Voyage was developed to address what Spacious Group identified as an undersupply of higher-quality apartment product in Altona, with a focus on owner-occupiers looking to remain within the bayside community.

"Voyage responds to very strong local buyer demand for quality, owner-occupier-focused product," says Barry Plant Projects Director Jarrod Farey, who has handled sales since the project's launch.

"The project delivers an elevated lifestyle proposition, with its design and quality of finish far exceeding anything previously produced in the area, as well as its proximity to Pier Street Village and the beach."

The majority of purchasers have been local downsizers and owner-occupiers looking to stay within the Altona community but who previously had limited opportunities to buy a brand-new apartment.

[smartcode_project_cta:default project_id=112195]

Joel Robinson

Spacious Group completes Voyage Altona in Altona's beachside precinct

Homecorp has secured approval for a $360 million apartment development at Budds Beach, paving the way for one of the Gold Coast's most amenity-rich residential projects to launch later this year.

Gold Coast City Council has approved Lýon Residences, a 32-level tower that will deliver 178 two and three-bedroom apartments across a prominent corner site at 8-10 Acacia Avenue and 25-27 Oak Avenue.

The approval comes as developers continue to invest in premium lifestyle-driven apartment projects on the Gold Coast, where owner occupiers are increasingly prioritising amenity as much as apartment size and location.

<a href="https://www.apartments.com.au/new-apartments/l-on-residences-25-27-oak-avenue-surfers-paradise-qld-4217">Lýon Residences</a> has been designed around a resort-style wellness offering, headlined by a Moroccan-inspired spa precinct featuring treatment rooms, a Nordic sauna and steam room, hot and cold plunge pools, a soaking pool and a residents-only juice bar.

The rooftop will include a heated infinity pool and spa, residents' lounge with private kitchen and bar, gymnasium, yoga and Pilates studio, outdoor entertaining areas and barbecue facilities overlooking the Surfers Paradise skyline.

<img alt="Lyon" data-entity-type="file" data-entity-uuid="2d3e29af-8793-486e-a684-52cef862241f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-15%20at%204.32.26%E2%80%AFPM.png?VersionId=ayG2zpLf3SS6Zy8XmKDcQods4kVWb0gm" />

Homecorp Founder and CEO Ron Bakir said Budds Beach provided the ideal location for the company's latest luxury apartment project.

"Budds Beach represents one of the most unique and sought-after pockets of the Gold Coast, and Lýon Residences has been designed to reflect that sense of rarity and refinement," Bakir said.

The project arrives as wellness continues to become a defining feature of new residential developments both in Australia and internationally.

The latest Global Wellness Institute figures show wellness real estate remains the fastest-growing segment of the global wellness economy and is forecast to exceed $1.8 trillion by 2030. Australia continues to rank among the world's 15 largest wellness real estate markets, with developers increasingly integrating health, recreation and community facilities into apartment projects.

Queensland is also experiencing strong population growth, with the Gold Coast continuing to outperform many other Australian cities as demand for new housing remains elevated ahead of the 2032 Olympic and Paralympic Games.

Bakir said the project had been designed to respond to that shift in buyer expectations.

"Strong population growth and sustained demand across the Gold Coast continue to highlight the need for well-designed new housing supply. Lýon Residences responds directly to this demand while setting a new benchmark for residential living," he said.

Each apartment has been designed to maximise views across the coastline, the Nerang River and the Gold Coast hinterland.

Located just minutes from Surfers Paradise beach and the Broadwater, the development also offers easy access to the light rail network, Broadbeach and Burleigh Heads.

Early site works are underway, with construction expected to commence later this year.

Homecorp approved for Budds Beach apartment tower, Lýon Residences

New apartment developments with uninterrupted, north-facing views over Perth's Swan River are exceptionally rare.

Recognising just how limited those opportunities are, <a href="https://www.apartments.com.au/developers/edge-visionary-living">Edge Visionary Living</a>, one of Perth's most respected builder-developers, targeted <a href="https://www.apartments.com.au/developments/applecross-wa-6153">Applecross</a>, assembling an unrepeatable 6,342 sqm riverfront site on the corner of Moreau Mews and Canning Beach Road to create one of Perth's only new north-facing apartment developments directly overlooking the Swan River.

Today, <a href="https://www.apartments.com.au/buildings/riviere-residences-applecross-59-canning-beach-road-applecross-wa-6153">Rivière Residences</a> offers buyers a unique opportunity to choose between completed residences ready to move into now and off-the-plan homes in the final stage, Rivière West.

[smartcode_project:default project_id=28384 project_image_fid=3823]

Across the completed East and Central buildings, residents are already enjoying the development's luxury amenity, while two of the precinct's hospitality venues are now open.

The completed component of the development gives buyers the advantage of experiencing the finished product firsthand, including its uninterrupted river views, while still having the opportunity to secure a residence in the final stage.

"People are wowed by the view and the quality of the apartments,"&nbsp;Edge Visionary Living Sales Executive, Holly McSweeney, says.

"They're looking for the convenience of lock-and-leave living, but they're not looking to downsize on quality."

[smartcode_project:default project_id=28384 project_image_fid=3826]

The rarity of the development hasn't been lost on prospective buyers, McSweeney says.

For McSweeney, it all comes back to a location that is becoming increasingly difficult to replicate.

"Location, location, location," she says. "We are nestled right on the front of the Swan River. You can never get built out, so wherever you are in Rivière Residences, you've got views of the river forever."

The unique waterfront position has resonated particularly strongly with local downsizers. McSweeney says many buyers are long-time Applecross residents looking to transition from large family homes into a luxury apartment without sacrificing space, quality or the lifestyle they've enjoyed for decades.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/N_FowNW0wu8?si=vb25XFq1wZ-iufAW" title="YouTube video player" width="560"></iframe>

A major focus for Edge in recent years has been resident amenity. Across its apartment portfolio, from beachfront developments in Scarborough to luxury towers in South Perth, the developer has increasingly invested in the spaces beyond the apartment itself.

The strategy has largely been shaped by downsizer demand. Many buyers are moving from large family homes with swimming pools and established gardens. While they're looking to leave the maintenance behind, they don't want to compromise on lifestyle.

At Rivière, <a href="https://www.apartments.com.au/architects/hillam-architects">Hillam Architects</a> designed the resident facilities as an extension of each apartment. A 25-metre heated swimming pool takes advantage of the north-facing river outlook, complemented by a large gym, sauna and steam rooms, private dining spaces, residents' lounges, a cinema, games room, and dedicated wine and whisky rooms.

[smartcode_project:default project_id=28384 project_image_fid=372542]

The waterfront location has also proved to be a major drawcard. Residents are within walking distance of the Raffles Hotel, South of Perth Yacht Club, the Heathcote Cultural Precinct and the cafés, restaurants and boutiques along Ardross Street.

Beyond the location and amenity, McSweeney says many buyers take confidence from Edge's fully integrated development model.

Having delivered apartments across Perth for decades, Edge now designs, develops and constructs its projects in-house, giving the company greater control over quality, delivery and the finished product.

"What I love is when people walk through their apartment for the first time and say, 'This is better than what we imagined,'" McSweeney says. "We hear that all the time."

Completed apartments in the East and Central buildings are now available to inspect by appointment, while Rivière West, the final stage of the precinct, is expected to be completed in the first quarter of 2027.

[smartcode_project_cta:default project_id=28384]

North-facing Swan River views drive demand at Rivière Residences in Applecross

Nearly 60 per cent of apartments at McNab Group's $220 million The Tannery development in Brisbane's West End have sold ahead of the project's public launch, including a suburb-record $2.57 million sale for a two-bedroom apartment.

The early sales campaign has secured buyers for 50 of the project's 87 apartments, highlighting continued demand for larger owner-occupier apartments that combine generous floorplans with premium lifestyle amenities in one of Brisbane's most tightly held inner-city suburbs.

[smartcode_project:default project_id=143337 project_image_fid=374768]

McNab Group Executive Chairman Michael McNab said selling more than half the project before launch reflected changing buyer expectations.

"Selling more than half the project before public sales open tells us buyers are actively seeking apartments that offer something genuinely different," McNab said.

"Today's buyers are looking beyond four walls. They want homes that genuinely enhance the way they live, with spaces that support health, connection and everyday wellbeing."

[smartcode_project:default project_id=143337 project_image_fid=374767]

A key point of difference for the project is the adaptive reuse of the heritage-listed Dixon's Tannery building, which will become The Retreat, a residents-only wellness precinct rather than being redeveloped into additional apartments.

The Retreat will feature a sauna and steam room, hot and cold plunge pools, a commercial-grade gym, Pilates studio, cinema, library, co-working spaces and private dining room. Rooftop amenities will include a swimming pool, landscaped gardens, outdoor entertaining areas and dog-friendly spaces.

[smartcode_project:default project_id=143337 project_image_fid=374760]

Designed by Cottee Parker Architects with interiors by Tom Mark Henry and landscape architecture by Aspect Studios, The Tannery comprises 87 two, three and four-bedroom apartments across 11 levels overlooking the Brisbane River.

Cottee Parker principal Dee Passenger said preserving the original tannery building had been central to the project's design.

"The easy option would have been to maximise the site's development potential with additional apartments. Instead, McNab has chosen to preserve the original tannery as a shared wellness retreat, ensuring this important piece of Brisbane's history remains at the heart of the community."

Passenger said sustainability also played a key role in the design, with materials from the original industrial site salvaged and repurposed throughout the development.

[smartcode_project:default project_id=143337 project_image_fid=374761]

Motiv CEO Carly Cottam said buyers had responded strongly to the combination of larger apartments, wellness facilities and the West End lifestyle.

"We are seeing more buyers looking for homes in the sky that provide the space and functionality of a traditional home, while benefiting from the convenience and lifestyle that apartment living brings," Cottam said.

She said purchasers included both owner occupiers and investors, with demand coming from local buyers as well as interstate purchasers.

Coinciding with the public launch, McNab also announced a partnership with Queensland Ballet, whose neighbouring Thomas Dixon Centre shares historical ties with the original Dixon family.

Located on a 4,465 sqm site at 439 Montague Road, The Tannery overlooks the Brisbane River and is around 10 minutes from the CBD.

Construction is underway, with completion expected in the second half of 2027.

[smartcode_project_cta:default project_id=143337]

More than half of residences sold before public sales as McNab announces significant partnership with Queensland Ballet

McNab's The Tannery nears 60 per cent sold before public release, sets two-bedroom West End record

Iwan Sunito's vision for a landmark mixed-use precinct in Sydney's Inner West has taken a major step forward, with approval granted for the $1.9 billion Five Dock development first unveiled earlier this year.

The approved scheme by <a href="https://www.apartments.com.au/developers/one-global-capital">One Global Capital</a> will deliver an 80,500 sqm mixed-use precinct comprising 840 apartments, integrated hotel accommodation, commercial and retail space, alongside publicly accessible open space designed to create a new destination for the growing suburb.

"This is a significant milestone for One Global Capital and for the future of housing delivery in Sydney," Sunito said.

"The Housing Delivery Authority was established to identify major housing projects capable of delivering meaningful supply more efficiently, and we are delighted that Spencer Street has been recognised as one of those projects.”

He said the declaration reflected the rapid progress achieved since acquiring control of the site.

"In less than seven months we have progressed from taking control of the site to securing entry into one of the NSW Government's most important planning pathways. It reflects the experience of our team, the strength of our consultant group led by Urbis, and our long-term commitment to delivering transformational projects that contribute to Sydney's future."

When the project was revealed earlier this year, Sunito described the opportunity as one of the strongest development sites he had worked on.

"I probably hadn't appreciated the uniqueness of the site until more recently when putting together the concept plans," Sunito said.

"The proximity to the water, and the golf course opposite, is unlike any other part of Parramatta Road. We have a unique position and view corridors over the water that makes this one of the best sites I've worked on."

The development has evolved since its initial announcement, with the approved plans increasing the residential component from the originally proposed 750 apartments to 840 homes while retaining the project's focus on creating an integrated neighbourhood rather than a standalone residential development.

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/a-city-within-a-city-iwan-sunito-flags-1-5-billion-mixed-use-precinct-in-five-dock">"A city within a city": Iwan Sunito flags $1.5 billion mixed-use precinct in Five Dock</a>

The precinct will combine apartments with hotel accommodation, commercial workplaces, retail offerings and public spaces, creating a mixed-use environment intended to serve both residents and the broader Five Dock community. The proposal also continues the collaboration between One Global Capital and internationally recognised architect <a href="https://www.apartments.com.au/architects/koichi-takada-architects">Koichi Takada</a>, whose previous work with Sunito includes Infinity, Arc and Skye North Sydney.

Takada previously said the design was driven by a philosophy of integrating nature into the built environment.

"The concept for this development is born from our design approach to naturalising architecture," Takada said.

"The public realm benefits from biophilic design that integrates generous landscaping, and the development is optimised for natural daylight, airflow and water views to foster wellbeing, sustainability and spaces that foster community interaction."

Sunito has consistently described the project as a "city within a city", with a strong emphasis on creating a destination that extends beyond housing.

"We want to create a development that's not only to be seen, but to be experienced by the whole local community," he said.

The approval comes as Five Dock continues its transformation ahead of the opening of the Sydney Metro West line, with the new Five Dock station set to significantly improve connections between the Inner West, Parramatta and the Sydney CBD.&nbsp;

The precinct will also benefit from its proximity to the Parramatta Road corridor, nearby waterfront parklands and established retail and dining offerings that have made Five Dock one of Sydney's most tightly held Inner West suburbs.

Staff reporter

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