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Unit rents in Adelaide remain the second most affordable of any Australian capital, recording the strongest annual growth since 2011, according to the June Quarter report from Domain
Adelaide is one of the stronger rental markets of all the major capitals. For those looking to move to the city, securing a lease remains competitive.
It has the second lowest vacancy rate, which has declined and steady asking rents.
<img src="https://mcusercontent.com/b16c0b957ea98f662ab985606/images/e3e601a7-760d-43b5-bc5c-fac13d084630.png" data-imagetype="External">
June 2020 QoQ change for Adelaide rental prices
“Adelaide asking rents are steady at the record high hit last quarter, at $395 a week for houses and $320 for units. Over the June quarter, house rents held steady in only two cities, Adelaide and Darwin. Adelaide remains the second most affordable city to rent a house and could overtake Brisbane in coming months if rents continue to fall there. Rents remain lower compared to other capitals, but relative affordability is declining for units - prices in Adelaide have recorded the strongest annual growth since 2011. Adelaide offers greater value for money compared to other capital cities. As we resurface from the coronavirus lockdown, it could become a drawcard destination for those seeking affordability.”
“Securing a lease remains competitive because Adelaide has one of the stronger rental markets of all the major capitals. It has the second lowest vacancy rate, which has declined, and steady asking rents. Advertised rentals lifted early in the year, helping to keep rents stable, but stock levels appear to be shrinking again. Investor activity has been subdued in recent years and multi-unit construction targeted at investors constrained compared to other cities. This has helped to limit rental supply,” said Domain Senior Research Analyst, Dr Nicola Powell.
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Adelaide unit rents remain second most affordable in Australia: Domain

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Brisbane house and unit rents fell over the June quarter, although rents remained flat over the year, according to the June quarterly rental report from Domain.
While the Brisbane rental market has not been as impacted compared to other cities, international border closures, plummeting foreign student numbers, job losses and pay cuts have still made their mark, with Brisbane’s CBD particularly exposed to reduced rental demand.
The number of advertised rentals jumped from March to June and more landlords have cut asking rents.
 <img src="https://mcusercontent.com/b16c0b957ea98f662ab985606/images/8a68a87c-245b-4b1b-bca3-b7c5b189d119.png" width="616" height="202" data-imagetype="External">
June 2020 QoQ change for Brisbane rental prices
“Brisbane house and unit rents fell over the June quarter, although rents held steady over the year. The rental market is fragmented across Brisbane’s regions. House rents in higher priced areas weakened, while prices in more affordable areas were steady in their asking rent. Units in Brisbane city had the steepest quarterly fall while several areas remained stable or marginally increased.” “Brisbane’s vacancy rate has nudged higher compared to last year, despite this the number of advertised rentals are shrinking from the time of the city’s construction boom. It stems from the recent reduced demand temporarily lifting the number of available rentals. To date, the Brisbane rental market has not been as affected compared to other capitals, but international border closures, plummeting foreign student numbers, job losses and pay cuts have had an impact. Brisbane’s CBD is particularly exposed to the reduced demand, with advertised rentals jumping from March to June and more landlords cutting asking rents.”  “Sunshine Coast rents remain at record highs, with houses at $500 a week, steady from last quarter and units at $410 a week which have held at this high for a year. The Gold Coast is a two-speed rental market: house rents remain at a high of $520 but unit rents dropped over the quarter and year, marking the first annual fall since 2013. Gold Coast unit prices are likely to be more exposed to a drop in international tourism,” said Domain Senior Research Analyst, Dr Nicola Powell.
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Brisbane rental market not his as hard as other cities: Domain

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EXPERT OBSERVER
The number of loans to owner occupiers for established homes fell by 9.1 per cent during May 2020 to the lowest monthly level on record.
Today’s Housing Finance data does not reflect the impact of HomeBuilder program announced in June. We don’t expect to see the positive impact of HomeBuilder reflected in Housing Finance data for a number of months.
This month’s data reflects the peak of the COVID-19 related shutdown and likely includes reduced demand for existing homes and the slower processing of applications.
Due to the lag between submitting a finance application and gaining approval, we anticipate that this is only the beginning of negative finance and construction data from the ABS.
Data shows that loans for the purchase or construction of a new dwelling held on relatively well. This reflects the longer timeframe between purchasing a new dwelling and gaining access to finance.
First home buyers fell by 9.3 per cent during May, led by a decline of 18.8 per cent in New South Wales. This is not surprising given the level of risk aversion and lack of equity within this cohort.
There was a surge in re-financing during the month, to the highest level on record, as households took advantage of record low interest rates.
It is difficult to draw conclusions from this data other than there has been a material disruption to the housing market.
HomeBuilder along with other state incentives and an easing of restrictions will assist in bringing consumers who delayed their purchasing decisions back to the market. This will minimise the adverse impact of the COVID-19 shock on employment in the homebuilding sector, but this will not be reflected in ABS data for some months. 
HIA New Home Sales for June, will be the first indicator of the impact of HomeBuilder on the housing market. 
Across the states, the value of loans to owner-occupiers (excluding refinancing) during the three months to May 2020 was significantly lower than the previous three months in Western Australia (-14.6 per cent), Queensland (-12.9 per cent), the Northern Territory (-7.4 per cent) and South Australia (-7.0 per cent). Tasmania (-4.8 per cent), Victoria (-3.1 per cent) and the ACT (-3.1 per cent) also recorded declines. New South Wales was relatively flat, declining by 0.5 per cent over the same period.
TIM REARDON is the HIA Chief Economist
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Record housing finance data reflects COVID-19 shock: HIA's Tim Reardon

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The May 2020 Lending to Households and Business figures released today by the Australian Bureau of Statistics show the largest monthly fall in the history of the series with the value of loans for housing falling by 11.6 per cent in seasonally adjusted terms.
The fall is not unexpected with feedback from agents during May, as restrictions on movements throughout the month were in place and a general air of caution about the economy and its impact on activity in the housing market prevailed, suggesting that this would be the case.
The fall was driven by large reductions in the value of loan commitments for housing in New South Wales and Victoria and contributed to the yearly fall of 7.3 per cent. Smaller falls were reported for all other states except ACT.
The value of new loan commitments for investor housing fell 15.6 per cent for the month and 11.9 per cent for the year - again driven by Victoria and New South Wales.
New loan commitments for owner occupier first home buyers fell by a similar proportion to the overall fall in owner occupier commitments for dwellings with a fall of 10.5 per cent by value for the month in seasonally adjusted terms but a 19.3 per cent increase for the year.
NSW and Queensland drove the fall in the number of loan commitments for owner occupier first home buyers with all other states except ACT recording falls.
While reduced transactions in the housing market stifled new loan activity in May, the markets have held up through a low level of supply. A situation that is continuing in the larger markets.
Adrian Kelly is the President of the Real Estate Institute of Australia. 
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May housing finance shows a historical fall: REIA's Adrian Kelly

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A four-bedroom, three-bathroom coastal home with ocean views in Mona Vale sold for $3.35 million through Raine and Horne estate agents Ben Spackman and Sam Bruton on July 2, 2020. 
Designed by Daniel Raymond from Ramaar Architectures, the <a href="https://www.realestate.com.au/sold/property-house-nsw-mona+vale-133774542" target="_blank">38 Elimatta Road property</a> features a North-East facing frontage, ocean view, and leafy views in the secluded outdoor retreat and pool.
<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/2020/7/3/23_Mona%20Vale%202.jpg" alt="">
Featuring traditional design elements, the home has a gas fireplace with elegant marble surroundings, American Oak wide timber flooring, high set ceilings, raked ceiling features upstairs, classic Hamptons style timber details on high skirting, and ornate timber architraves and wainscoting throughout. 
The kitchen showcases custom solid timber joinery, Neff Appliances including two built-in ovens with an added steam function, Carrara marble bench tops, and an island breakfast bar.
For entertaining, there is the front deck with an integrated barbecue facilities, and a seamless transition through double bi-fold doors to the kitchen and dining.
There are cool tones to the bathrooms throughout with blends of greys, white and blues, Carrara marble and herringbone tile features. There are also timber cabinetry with Carrara marble bench tops.
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Designer coastal home in Mona Vale sold for $3.35 million

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House rents declined marginally from the three-and-a-half year high achieved last quarter, while unit rents held steady at $320 a week, the highest asking price since mid-2016, according to the June Quarter rental report from Domain.
Perth’s rental market has bounced back from the post-mining boom lull, with advertised rentals continuing to shrink, giving landlords ground to raise asking rents in certain areas.
Rental discounting has been concentrated in Perth's inner-city region, and now is time for those looking to move closer to search for a rental bargain.
<img src="https://mcusercontent.com/b16c0b957ea98f662ab985606/images/5752f59e-af92-45a2-9a43-72d2e89ce995.png" data-imagetype="External">
June 2020 QoQ change for Perth rental prices
“Perth’s rental recovery looks set to continue. House rents declined marginally by $5 a week from the three-and-a-half year high achieved last quarter. Unit rents held steady at $320 a week, the highest asking rent since mid-2016.”
“The market has improved considerably from the post-mining boom lull. The number of advertised rentals continues to shrink, down 19 per cent from March and has dropped 32 per cent over the year. Tenants will find rental conditions have tightened. The number of vacant rental properties is steadily shrinking, providing landlords greater grounds to raise asking rents in certain areas.”
“During the height of the pandemic lockdown, rental discounting lifted marginally, although consistently fewer rentals are being discounted compared to last year. Discounts have been largely concentrated in Perth’s inner-city which has more plentiful apartment rental supply,” said Domain Senior Research Analyst, Dr Nicola Powell.
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Perth's rental recovery is set to continue: Domain

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A mortgagee home in Perth's Helena Valley is now under offer after being listed for sale for $455,000.
The offer, understood to be $470,000, came after just 28 days on market.
Located at 17 Prunus Place, in a cul de sac, the house features four bedrooms, two bathrooms, and a double garage.
There also an in ground pool, and turfed back yard area.
the total block comprises a 1008 square metre block.
It last sold in 1998, for $172,500.
It was built in 1996.
Richard Lowenhoff and Jessica Macarthur, from LJ Hooker Midland, have the listing.
 
 
 
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Helena Valley mortgagee home under offer

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Unit rent fell over the quarter and year, representing the sharpest decline in more than 15 years, with rents now at its lowest in half a decade. according to the Domain Rental Report for the June quarter
House and unit rents fell by as much as $50 a week in areas like the city and eastern suburbs.
Tenants are in a strong position to negotiate prices or seek out cheaper properties.
<img src="https://mcusercontent.com/b16c0b957ea98f662ab985606/images/24eb4c6b-dc5f-491e-9f23-55c9de4700a2.png" data-imagetype="External">June 2020 QoQ change for Sydney rental prices
“Sydney’s rental market conditions have become highly varied. House rents remained stable over the quarter and year, and are 3.6 per cent below the 2017 peak. Rents fell in the quarter across several Sydney regions, tumbling as much as $50 a week in the city and eastern suburbs and $40 a week in the northern suburbs. Tenants are in a strong position to negotiate prices or seek out cheaper properties. Rental price growth appears to be supported by more stable conditions across Sydney’s outer areas while house rents fell substantially in the inner areas. There were also significant increases in advertised rentals in Sydney’s inner areas at a time of weakened demand. Foreign student numbers and overseas migration have plummeted, as well as a drop in tourism. These are also areas more exposed to drops in migration, tourism, jobs losses and have a high portion of rentals.” “For the past two years Sydney unit rents have tumbled annually as tenants benefited from heightened investor activity in previous years, as completed off-the-plan apartments add to supply. The pace of decline has now gathered additional momentum. The depth of the fall over the quarter and year is the sharpest in more than 15 years. Unit rents have now fallen 9.1 per cent from the 2017 peak, pushing them back to the lowest in half a decade. The city and east, inner west and lower north shore have felt the brunt. Deteriorating unit rents have forced Sydney’s gross yields to a record low of 3.66 per cent.” “Tenants now have the novelty of choice. The rapid rise in advertised rentals have put pressure on rents. Tenants are using this as bargaining power to negotiate a deal while landlords compete to lure them. The number of advertised rentals jumped almost 13 per cent across Sydney from March to June, surging 43 per cent in the city and east and 29 per cent in the inner west, as a wave of short-term rentals converted to long-term as border closures curtailed international tourism. Demand has weakened as migration ceases, international students remain offshore and economic uncertainty rattles many tenants, forcing them to evaluate their personal circumstances,” said Domain Senior Research Analyst, Dr Nicola Powell.
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Sydney rents hit hardest in the city and eastern suburbs: Domain

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GUEST OBSERVER
The roar of the crowd at the stadium. Jostling to see the New Year fireworks in the public square. Captivated by the band at the pub. Meeting mates outside the train station. These experiences conjure sites of importance for each of us.
As a Melburnian, places that come to mind for me are the MCG, Federation Square, Flinders Street Station and Festival Hall. Sydneysiders could be thinking about the <a href="https://www.propertyobserver.com.au/https://trove.nla.gov.au/work/223371661">Opera House</a>, Central Station, the Enmore Theatre and Homebush Stadium.
It’s people that make these places important. Without crowds, an idling Gabba in Brisbane or an empty Cottesloe Beach in Perth is a less exciting place.
Each of the above places possesses outstanding social value. It’s why state heritage laws and local planning schemes can protect places of community importance.
However, this <a href="https://researchoutput.csu.edu.au/en/publications/contested-space-social-value-and-the-assessment-of-cultural-signi">does not happen enough</a>. Of more than 2,300 items on the <a href="https://heritagecouncil.vic.gov.au/heritage-protection/levels-of-protection/">Victorian Heritage Register</a>, for instance, about 10% are listed for their social value.
Although data are scarce, the numbers are likely similar for heritage lists across Australia. This leaves treasured meeting places – <a href="https://theconversation.com/once-a-building-is-destroyed-can-the-loss-of-a-place-like-the-corkman-be-undone-112864">neighbourhood pubs are a prime example</a> – at risk.
With restrictions on public gatherings, urban heritage places of social significance have more allure than ever. Just as we are distanced from each other, we are separated from these places. Their temporary absence in our lives, and the sense of community and comforting memories we associate with them, only add to their cultural significance.
 
However, heritage typically gives more priority to the historic and aesthetic integrity of older fabric, buildings and structures than to ongoing social and cultural relationships <a href="https://www.researchgate.net/publication/342624259_Place_and_Heritage_Conservation">between people and built places</a>.
A lack of participatory methods to involve the public in heritage decisions is another problem with how authorities and the private sector manage the cultural values of historic places.
Two landmark cases
For more than a century, authorities <a href="https://www.propertyobserver.com.au/https://trove.nla.gov.au/work/220585029">typically safeguarded</a> monumental architecture and places embodying the <a href="https://www.propertyobserver.com.au/https://trove.nla.gov.au/version/44846813">apparent progress of the Australian nation</a>, such as public buildings and memorials.
Since the 1970s, <a href="https://australia.icomos.org/publications/charters/">additional cultural values</a> – social, scientific and spiritual – have been inscribed in heritage practice. Yet, as I explore in <a href="https://search.informit.com.au/documentSummary;dn=997484554716146;res=IELAPA">my research</a>, traditional ideas of aesthetic and historic value have been privileged in conservation. Other significant cultural values have not been treated as equally important.
The introduction of social value saved Flinders Street Station when it was threatened with demolition in 1972 for high-rise development.
<a href="https://images.theconversation.com/files/333975/original/file-20200511-49584-eahqrx.jpg?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=1000&amp;fit=clip"><img src="https://images.theconversation.com/files/333975/original/file-20200511-49584-eahqrx.jpg?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=754&amp;fit=clip" alt=""></a>
 Model of Flinders Gate Project, 1974. Wolfgang Sievers/State Library of Victoria (reproduced with SLV permission)
The National Trust wanted to preserve the train station. But its <a href="https://search.informit.com.au/documentSummary;dn=997484554716146;res=IELAPA">committee of architects</a> perceived it as an “architectural monstrosity” because its Edwardian Baroque style was out of favour.
After long deliberations, the National Trust deemed the station a landmark […] a major focal point of Melbourne’s city life [with] the Clocks! section [sic] inextricably bound to the social fabric of Melbourne and Victoria.
<img src="https://images.theconversation.com/files/334232/original/file-20200512-66707-1yumqxu.jpg?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=754&amp;fit=clip" alt="">
The famous clocks overlook the intersection of Flinders and Swanston streets, pictured here in the early 1970s. Rennie Ellis/State Library of Victoria (reproduced with SLV permission)
So Flinders Street Station was protected for its lasting importance to Melburnians. Only later would it be recognised for its architecture.
Despite its social value, <a href="https://www.propertyobserver.com.au/https://www.abc.net.au/news/2017-11-10/science-of-flinders-street-station-new-look-paint/9135080">when the station was repainted</a> in original colours in 2017, there was little public engagement in this decision. <a href="https://www.sciencedirect.com/science/article/pii/S0272494412000424">Research</a> on people’s perceptions of historic places has shown they often prefer agedness and wornness over traditional conservation works that make places look new again: the <a href="https://books.google.com.au/books?id=0y9jCHHdKokC&amp;pg=PA119&amp;lpg=PA119&amp;dq=%22patina+of+age%22+ruskin&amp;source=bl&amp;ots=7C2jBgWES3&amp;sig=ACfU3U2AjpX-Zcee--19v8t1KMOfx76CIQ&amp;hl=en&amp;sa=X&amp;ved=2ahUKEwiZhe_zh67qAhWCyDgGHUEKAtQQ6AEwAnoECDAQAQ#v=onepage&amp;q=%22patina%20of%20age%22%20ruskin&amp;f=false">patina of age</a> has value. <a href="https://www.propertyobserver.com.au/https://www.taylorfrancis.com/books/e/9780429506352">Public participation</a> could have resulted in a different conservation decision based on Melburnians’ preferred colours and textures.
Another landmark case involves the MCG. Authorities rejected a comprehensive heritage listing for the stadium in the 1980s, when the Great Southern Stand was developed, because a listing might have prevented redevelopment.
The MCG designation was reconsidered, however, in the lead-up to the 2006 Commonwealth Games. It then met revised thresholds to be fully state-listed. It was “<a href="https://www.newspapers.com/newspage/126894666/">the matches and public not the buildings</a>” that created the heritage importance.
And to retain the cultural importance of the MCG in the future lives of Melburnians, flexibility on the stands was required. With the support of club members and heritage authorities, the <a href="https://www.propertyobserver.com.au/https://vhd.heritagecouncil.vic.gov.au/places/64493">1928 Members’ Pavilion</a> made way for the new Northern Stand.
<img src="https://images.theconversation.com/files/336626/original/file-20200521-102667-ajzwnp.png?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=754&amp;fit=clip" alt="">
 Ian Harrison Hill, ‘Demolition of Members’ Stand [Melbourne Cricket Ground]’, photograph, 2004. State Library of Victoria, Pictures Collection, H2004.24/4 (reproduced with the permission of the State Library of Victoria and Ian Harrison Hill)
Social value in the past, present and future
At the MCG, social value was projected into the future, allowing for flexibility during redevelopment.
At Flinders Street Station, social value was perceived as developing in the past. The recent station works demonstrated that, even when public places are heritage-listed, their management often does not include participatory methods.
Neighbourhood pubs, which are being <a href="http://www.theage.com.au/interactive/2017/last-drinks/">rapidly redeveloped</a>, are another form of at-risk public place with great social value. Pubs become important to people for their longevity as gathering places, often more so than for their architecture, facades and interiors.
<img src="https://images.theconversation.com/files/345460/original/file-20200703-33926-1dxq2fv.jpg?ixlib=rb-1.1.0&amp;q=45&amp;auto=format&amp;w=754&amp;fit=clip" alt="">
 The now-demolished historic Greyhound Hotel in St Kilda had potential to inspire the public realm in future development works. National Trust of Australia (Victoria)
The National Trust is <a href="http://www.trustadvocate.org.au/national-trust-backs-city-of-port-phillip-call-to-protect-social-heritage/">seeking to conserve</a> some pubs. However, authorities have far more power to mandate the continuity of historic places’ built fabric rather than ensuring redevelopments <a href="https://doi.org/10.1080/13527258.2017.1399283">retain community spaces</a>.
Even when this does happen, opportunities can be missed <a href="https://www.heraldsun.com.au/leader/south-east/search-begins-for-venue-managers-for-reborn-london-hotel-in-port-melbourne/news-story/596d9585d7ee7d55c4d697c322a3d11f">to use historic elements of the demolished buildings</a>. Participatory and social approaches to heritage have unrealised potential to guide the design and use of the future public realm.
A major step towards placing people at the heart of heritage would be to mandate and fund a diversity of participatory methods in state and local heritage governance. It’s important, too, to embed community participation across private sector heritage practice. Only by working towards more holistically conserving the broader cultural values of historic places can heritage achieve cultural stewardship for people.<img src="https://counter.theconversation.com/content/138128/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/james-lesh-257650">James Lesh</a>, Postdoctoral Research Fellow, Australian Centre for Architectural History, Urban and Cultural Heritage, <a href="https://theconversation.com/institutions/university-of-melbourne-722">University of Melbourne</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/why-heritage-protection-is-about-how-people-use-places-not-just-their-architecture-and-history-138128">original article</a>.
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Heritage protection is about how people use places, not just architecture and history

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GUEST OBSERVATION
 
Architecture suffers before building does.
A survey of more than 450 architecture practices conducted by the Association of Consulting Architects finds that <a href="https://aca.org.au/article/pulse-check-no-3-preliminary-findings">two thirds</a> have lost more than 30% of their revenue, and eight in ten have had projects cancelled or put on hold.
Six in ten are relying on JobKeeper. Half have cut pay or working hours. Three in ten have stood down or sacked staff. Only 15% believe they have enough work to see out the year.
In total, the survey finds more than A$10 billion of projects have either been cancelled or put on hold, just among those responding to the survey.
John Held, the National President of the Association of Consulting Architects says
"unless there is a more effective stimulus package for construction, the government will need to consider extending JobKeeper beyond its expiry in September to prevent the loss of many normally-viable architectural practices. Without a pipeline of projects, a substantial rise in unemployment across the whole construction sector will result"
Dr Peter Raisbeck, an expert in the building and construction industry at the University of Melbourne, says
"two thirds of architects in Australia are small businesses employing less than five people, operating on small profit margins. Widespread insolvencies amongst these vulnerable firms would be catastrophic"
The design professions – architecture and engineering – are the <a href="https://www.forbes.com/sites/kionasmith/2019/12/31/the-canary-in-the-coal-mine-isnt-ancient-history/#c6abbe843931">canary in the coalmine</a> for the wider construction industry. If those professions are in a slump now, construction itself will most probably be in big trouble in three to six months.
A window on the future
The findings are reinforced by forecasts prepared by the <a href="https://www.acif.com.au/acif-news/australian-construction-industry-forum-issues-coronavirus-recovery-proposal-constructions-bridge-to-recovery">Australian Construction Industry Forum</a>.
They show that while engineering construction on projects such as motorways and public transport is likely to hold up reasonably well, residential and non residential construction, already weak prior to COVID-19, is set to slump over this year and the next, with the brunt of the impact being felt in NSW and Victoria.
It will be very bad for employment.
The building and construction industry consists of nearly 400,000 businesses that directly employ more than 1.2 million Australians. Most of the supply chain for building materials is in Australia, particularly for low-rise residential buildings.
The immediate priority should be to ensure that projects continue to be designed and documented to avoid the “valley of death” caused by the need for drawings to be completed before construction can start.
We’ve had warning
If eight out of ten architectural practices have projects that have been cancelled or put on hold now, there will be a significant shortage of projects going to tender later in 2020 and in 2021.
Based on the numbers in the surveys, the loss of jobs in construction could add two percentage points to unemployment during 2021.
To overcome the valley of death, something needs to be done to restart projects that have been deferred or cancelled.
To their credit, state and territory governments have brought forward varying amounts of public works projects, including schools, hospitals and a small amount of social housing. In Victoria, the acceleration of the government’s <a href="https://theconversation.com/cladding-fire-risks-have-been-known-for-years-lives-depend-on-acting-now-with-no-more-delays-111186">combustible cladding replacement program</a> is also helping to prop up demand.
Unfortunately, the evidence from the Association of Consulting Architects survey suggests this won’t be enough.
HomeBuilder, the federal government’s $680 million program intended to “save the tradies”, appears <a href="https://www.afr.com/property/residential/frustrating-state-delays-hold-up-homebuilder-grants-20200615-p552na">to have stalled</a>.
So far, none of the states has finalised an implementation plan for the scheme, perhaps because it was so <a href="https://theconversation.com/homebuilder-might-be-the-most-complex-least-equitable-construction-jobs-program-ever-devised-140162">poorly designed</a>.
In Sydney, where a lot of houses may exceed the $1.5 million value cap, some builders are complaining that the scheme is actually delaying decisions while homeowners wait to see if it will apply to them.
And we know what to do
We can learn from history. The Rudd government’s $3 billion (in today’s money) <a href="https://www.anao.gov.au/work/performance-audit/building-education-revolution-primary-schools-21st-century">Building the Education Revolution</a> scheme was successful in stimulating construction and delivering jobs during the global financial crisis.
The $3 billion <a href="https://www.anao.gov.au/work/performance-audit/home-insulation-program">Home Insulation Program</a> (later known as the “pink batts” program) also created jobs.
Although there was widespread and justified criticism of how both programs were implemented, they were big enough and quick enough to make a difference to employment. And they delivered general benefits.
We should be able to learn from these ideas and the mistakes that were made in their implementation.
 
The Morrison government’s efforts to support the construction industry to date have been too small and too slow. The architects survey suggests the design professions will go over a cliff in September. The construction forecast suggests that the construction industry will follow them over in 2021.
State and local governments have a long list of useful school, health and community projects that could go ahead now if the federal government made the money available.
Many shovel-ready projects that have been cancelled are in the higher education sector, many of them meant to deliver the STEM graduates or STEM research that the government <a href="https://www.theguardian.com/australia-news/2020/jun/19/australian-university-fees-arts-stem-science-maths-nursing-teaching-humanities">says it is keen on</a>.
There is also a crying need for good <a href="https://theconversation.com/why-the-focus-of-stimulus-plans-has-to-be-construction-that-puts-social-housing-first-136519">social housing</a>, made more apparent by <a href="https://www.theage.com.au/national/victoria/covid-public-housing-wrap-20200705-p5596z">developments in Melbourne</a>.
If we learned anything from the global financial crisis, it was that going hard and early worked. It is not too late to do it now, but it will be soon.<img src="https://counter.theconversation.com/content/141367/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/geoff-hanmer-90647">Geoff Hanmer</a>, Adjunct Professor of Architecture, <a href="https://theconversation.com/institutions/university-of-adelaide-1119">University of Adelaide</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/if-architecture-is-the-canary-in-the-coalmine-the-outlook-for-construction-is-appalling-141367">original article</a>.
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If architecture is the canary in the coalmine, the outlook for construction is appalling

<a href="https://www.apartments.com.au/developments/broadbeach-qld-4218">Broadbeach</a> offers plenty of reasons to live vertically, but moving from a substantial family home into an apartment can expose the compromises of high-density living. Privacy, room for guests and usable living space tend to matter more when an apartment is intended as a permanent home rather than an occasional coastal base.

A typical residential floor at <a href="https://www.apartments.com.au/new-apartments/the-eveleigh-broadbeach-7-9-surf-parade-broadbeach-qld-4218">The Eveleigh</a>, on Surf Parade,&nbsp;contains just four apartments. The 94-residence development by <a href="https://www.apartments.com.au/developers/hirsch-faigen">Hirsch &amp; Faigen</a> is predominantly made up of expansive three-bedroom homes, with a limited collection of half-floor penthouses above.

Across the apartment floors, <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a> has used the relatively limited number of residences to give each home greater access to natural light and outlook. Living spaces extend towards full-height glazing, while a series of bay windows frame selected views across the Pacific Ocean, city and hinterland rather than treating the building edge as a continuous wall of glass.

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“The apartment floors deliver a collection of homes that embrace controlled outlook via a series of bay windows deliberately framing moments of view,” Rothelowman Director Kim Lowman said.

From outside, those projecting forms contribute to the tower’s faceted profile. Strong horizontal and vertical elements establish its proportions, while the changing position of the sun alters the light, shadow and reflection across the façade throughout the day.

The same attention moves inside the apartments, where the material palette combines warm timber, natural stone, metallic detailing and softer curved forms. Kitchens sit within the main living zone, with stone island benches, integrated joinery and European appliances, before the living areas extend towards the glazing and the outlook.

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Three genuine bedrooms provide room to accommodate family and guests, while two secure car spaces and storage address some of the practical considerations that can become more noticeable when moving from a larger home. Feedback from the display suite has centred on the warmth and restraint of the interiors, with buyers commenting that the residences feel like homes rather than conventional coastal apartments.

A limited collection of half-floor penthouses occupies the upper levels, increasing the scale of the living spaces and adding private balconies and elevated finishes. From this position, the outlook extends between the ocean and hinterland.

Outside the private residences, The Eveleigh separates its shared spaces between the podium and rooftop. The podium is centred on wellness, with subtropical landscaping surrounding a swimming pool and pool terrace, yoga garden, private gymnasium, sauna and hot and cold plunge facilities. Landscaped retreats and pavilions provide additional places to sit away from the main recreation areas.

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Higher in the building, a rooftop pavilion and private dining suite sit alongside resident lounge, barbecue and outdoor dining areas, opening towards panoramic views across the ocean, city and hinterland.

“Buyers are no longer just looking for an apartment, but a lifestyle where they can relax, reset, and enjoy a balanced way of living,” Hirsch &amp; Faigen Director of Sales Matt George said.

Interest to date has come from established owner-occupiers and interstate lifestyle purchasers, including buyers planning a future move to the Gold Coast. Many are coming from larger homes and want to reduce ongoing maintenance without giving up space for family and guests, privacy, two car spaces or the ability to entertain at home.

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Much of that daily life can also take place beyond the building without requiring a drive. Kurrawa Beach and Pratten Park are an easy walk from Surf Parade, while Pacific Fair, Oracle Boulevard, The Oasis, restaurants, cafés, entertainment and public transport are also within walking distance.

The Eveleigh is Hirsch &amp; Faigen's fourth Gold Coast development since entering the market in 2021, following The Hemingway at Palm Beach, The Emerson at Kirra and Yves at Mermaid Beach. Each of the preceding projects sold out before completion.

“Broadbeach had been on our radar throughout our time operating on the Gold Coast,” the developer said. “Following our projects in Palm Beach, Kirra and Mermaid Beach, Broadbeach represented the natural next step for the business.”

The Surf Parade site brought together proximity to the beach, protected coastal outlooks and walkability to dining, shopping and recreation. Hirsch &amp; Faigen also identified the street as an emerging premium residential address, with enough separation from Broadbeach's busier destinations to retain a quieter environment at home.

The Eveleigh is now under construction by Maxcon, with completion forecast for mid-2028. Three-bedroom residences are currently available from $2.87 million.

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Joel Robinson

The Eveleigh brings house-like apartments to Broadbeach

A long-stalled Campbelltown development site is back in play, with new plans for 139 apartments set to supersede a mixed-use scheme approved almost a decade ago but never built.

The new proposal for 28 Cordeaux Street would deliver 116 market and 23 affordable apartments in a part 14-storey building, bringing a substantial new project into a Campbelltown market where new apartment supply remains limited.

Plans have been filed over the 3,092 sqm corner site at Moore-Oxley Street, around 600 metres from Campbelltown Railway Station and the city-centre retail core.

The site already carries a mixed-use residential approval dating to 2016. Doroch Architects has now been engaged on a larger replacement scheme, which is progressing as a State Significant Development Application following a Housing Delivery Authority determination in August 2025.

The apartment mix comprises 39 one-bedroom, 72 two-bedroom and 28 three-bedroom residences. Two-bedroom apartments make up just over half of the project, while three-bedroom homes account for 20 per cent.

<img alt="First look: New 139-apartment plans revive long-stalled Campbelltown city centre site" data-entity-type="file" data-entity-uuid="136dd5b9-3791-4da6-9e31-76f533f5b4de" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Campbelltown%20da2.png?VersionId=LgOSy9nwf5u.MGswBBwaGGxuX8QpHSl_" />

Of the 139 apartments, 23 will be delivered as affordable housing under the in-fill affordable housing provisions of the Housing SEPP. The affordable component represents 15 per cent of the residential gross floor area and will be managed by a registered Community Housing Provider.

Doroch has sought to break the scale of the building into two distinct elements, with a masonry podium of around four storeys establishing the street edge before the residential tower steps back above.

The corner position has shaped that approach. Cordeaux Street faces toward the commercial and civic centre, while Moore-Oxley Street leads into the lower-scale residential neighbourhood to the south, and the design verification report describes the site as "bridging the commercial core to the north and established residential areas to the south."

The podium will be expressed predominantly in face brick, while the upper levels shift to brushed and grooved concrete cladding with darker metal detailing. Recessed sections, deep balcony edges and landscaping break down the upper form, with an approximately 11.8-metre setback to the northern boundary addressing the adjoining St Peters Anglican School.

<img alt="First look: New 139-apartment plans revive long-stalled Campbelltown city centre site" data-entity-type="file" data-entity-uuid="c8b3d2d3-c561-4bfc-a5d9-a68c0c10dac1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Campbelltown%20da1.png?VersionId=AeAEyJU02Gk2k5noUj2StziCvdQ7fW4B" />

Campbelltown has been starved of new residential developments in the last decade.

The only other notable development set to come to market this year is ALAND's Queen Square, a mixed-use precinct on over two hectares that will comprise apartments above a vibrant ground-level retail and hospitality dining precinct.

First look: New 139-apartment plans revive long-stalled Campbelltown city centre site

First Look: Sherlock Construction pitches apartments for low-rise Deception Bay

Queensland builder-developer MAYD has revealed the first look at its major North Kirra beachfront development, lodging amended plans that reduce the number of apartments and increase the proportion of larger residences.

The project is planned across a substantial 4,742 sqm amalgamated site spanning seven lots at <a href="https://www.apartments.com.au/new-apartments/2-6-pacific-parade-bilinga-qld-4225">2-6 Pacific Parade</a> and 27-33 Golden Four Drive in Bilin​ga, directly opposite Nor​th Kirra Beach.

<a href="https://www.apartments.com.au/developers/mayd-group">MAYD</a> secured the site for $32.5 million in 2025, in what was one of the Gold Coast's largest property transactions of the year.

The development will be delivered across two stages, with the first stage carrying an estimated gross realisation value of around $360 million.

The latest amendments seek to reduce the overall apartment count and shift the project further toward the owner-occupier market, with larger residences designed for buyers wanting considerably more space than traditionally offered in a beachfront apartment.

The residential mix will include townhomes, oversized two-bedroom apartments, substantial three-bedroom residences and four-bedroom homes.

MAYD has appointed Cera Stribley to lead the architecture and interiors, with the Melbourne-based design practice drawing on the beachfront setting through a series of ocean-facing terraces and heavily landscaped balconies.

Strong horizontal forms and curved balconies will define the exterior, with subtropical landscaping integrated throughout the building to soften the built form and increase the connection between the residences and the beachfront.

The project will also include an extensive collection of resident wellness and lifestyle facilities, continuing the broader shift across the Gold Coast's luxury apartment market toward larger homes supported by resort-style amenity.

<img alt="MAYD" data-entity-type="file" data-entity-uuid="d1bcbb05-e659-4b47-8bd4-1e595315e2ad" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-27%20at%202.05.03%E2%80%AFPM.png?VersionId=jj0XEud1X1DuLt7_KyElhjMdZGOXmLHP" />

MAYD Founder Todd Mould said North Kirra was increasingly appealing to buyers attracted to the more established, lower-density character of the southern Gold Coast.

"North Kirra presents one of the most compelling luxury residential opportunities currently emerging in Australia, combining absolute beachfront with the character and authenticity that buyers are increasingly seeking, and the same sense of tight-knit community that defined Burleigh and Currumbin perhaps 10 or 15 years ago," Mould said.

"With Gold Coast Airport on its doorstep, it also offers a level of accessibility that broadens its appeal across almost every market demographic."

The project comes as the southern Gold Coast continues to attract an increasing share of high-end apartment development and buyer activity.

Kirra in particular has emerged as one of the region's more tightly held beachfront markets, with its relatively low-density character, established surf and hospitality scene and proximity to Gold Coast Airport differentiating it from the higher-density markets further north.

Mould said those characteristics had informed the approach MAYD and Cera Stribley had taken to the project.

"We've worked closely with Cera Stribley to create a vision that is deeply connected to its surroundings," he said.

"Inspired by the coastline itself, the architecture has been shaped around space, privacy and resort-style living, creating a collection of homes that reflects the next generation of luxury on the southern Gold Coast."

MOTIV Managing Director Carly Cottam, who has been appointed to market the project, said buyer attention had continued to move south along the Gold Coast.

"Purchasers who may once have defaulted to Broadbeach, Main Beach or Surfers Paradise are increasingly recognising the value of a genuine beachfront location that offers lower density, strong amenity and a more established sense of community," Cottam said.

"Kirra has a powerful combination of growing demand and genuine scarcity. Beachfront supply is inherently constrained, the area remains relatively low density, and buyers are increasingly placing a premium on locations that feel established, uncrowded and authentic rather than heavily developed."

Cottam said the proximity to Gold Coast Airport was also proving increasingly important for interstate and second-home buyers.

"Being minutes from Gold Coast Airport makes it particularly compelling for interstate buyers, frequent travellers and second-home purchasers who can access an authentic coastal lifestyle almost immediately after stepping off a flight."

The acquisition takes MAYD's active development portfolio to more than $500 million, with the North Kirra project representing one of its largest undertakings to date.

MAYD is targeting an early 2027 launch.

First look at MAYD's North Kirra mixed-use precinct

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Castle Hill, the longtime hub of the Hills District, has been one of the major beneficiaries of Sydney's Metro expansion, with improved connectivity helping drive continued population growth, development and buyer demand across the Hills District.

But despite that growth, the suburb has seen relatively few major new apartment projects brought to market over the past 18 months.

Hills District developer Reve Group is looking to fill that gap with <a href="https://www.apartments.com.au/new-apartments/nova-r-ve-castle-hill-2-garthowen-crescent-castle-hill-nsw-2154">Nova Rêve</a>, a major new mixed-use precinct on the corner of Garthowen Crescent and Old Castle Hill Road, a short walk from Castle Hill Metro Station and Castle Towers.

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The project will comprise three residential towers alongside a hotel, restaurants, cafes and a skybar, more than 1,600 sqm of ground-floor retail and almost an acre of landscaped gardens.

It represents the largest project undertaken by Reve Group, the development arm of the Kassis family, which has been building across the Hills District for more than 30 years through Kassis Homes.

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Nova Rêve also represents a significant step up from the family's first apartment development, Grand Rêve, which was delivered nearby on Garthowen Crescent.

Grand Rêve introduced larger, house-like apartment layouts and premium inclusions including Wolf and Sub-Zero appliances to the Castle Hill market.

Nova Rêve takes that approach to a precinct scale, combining the residential component with hospitality, retail and substantial public and resident landscaping.

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Reve Group Managing Director Sam Kassis said the project reflected the family's three decades of building in the Hills, which has evolved from trophy homes on quarter-acre blocks to larger-scale apartment development.

"Grand Rêve was our first apartment project here and it showed us what this pocket of Castle Hill could be. Nova Rêve is the refinement of that idea: not just apartments, but a place the whole suburb can use," Kassis said.

A key part of that approach is the hotel, which has been designed to operate as an amenity for the wider Castle Hill community rather than solely hotel guests.

It will include restaurants, cafes, skybars and all-day dining, alongside conference and event facilities catering to business functions, community groups and private events.

At ground level, more than 1,600 sqm of shops and cafes will open onto the surrounding streets and landscaped areas.

Almost an acre of gardens designed by Land and Form Studios will run through the precinct, incorporating pathways, seating, barbecue areas and children's play spaces.

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Reve Group's Romio Georges said creating an active ground plane had been central to the planning of Nova Rêve.

"There are gardens with pathways, barbecues, seating and play areas, shops and cafes opening onto the street, and a hotel with restaurants and a skybar that anyone in Castle Hill can walk into," Georges said.

The project's elevated position on one of Sydney's highest ridgelines will also provide apartments with outlooks toward the Sydney skyline, surrounding parkland and the Blue Mountains.

More than 80 per cent of the apartments will occupy corner positions, with Turner responsible for both the architecture and interiors.

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