Around 400 additional homes could be built at Southwark Grounds on Port Road, lifting total site capacity from 1300 to around 1700 dwellings.

A recently approved code amendment would allow apartment towers of up to 14 storeys in some areas of Renewal SA’s redevelopment of the former West End Brewery.

Renewal SA Acting Chief Executive Shane Wingard said he welcomed the code amendment, with the increase in heights and homes making a positive impact on the supply of high-quality, well-connected housing close to the city.

“By going higher across some parts of Southwark Grounds, we are adding a substantial number of very well-located homes with little impact on project delivery time or planned open space,” Mr Wingard said.

Since the project officially launched in 2025, Mr Wingard said more than 12,000 enquiries had been received about living at Southwark Grounds.

“The very strong early interest we’ve seen since homes were first released in the precinct reinforces our plans to create more housing opportunities,” he said.

The Southwark Grounds code amendment was launched in December last year, with community engagement undertaken over five weeks from January.

It proposed increasing maximum building heights from eight to 14 storeys on the eastern section of Southwark Grounds, and to 12 storeys across the remainder of the site, with minimum building heights ranging from two to four storeys.

The code amendment was implemented through an Early Commencement policy in late January, allowing developers to quickly explore the viability of increased height and housing yield while other planning processes continue.

One of the first developers delivering apartment sites have already finalised redesigns to increase the number of apartments following the code amendment.

Samaras’ development adjacent to the future Colonel Light Park is now planning to deliver 125 apartments across 11 storeys, significantly greater than original plans of around 50 apartments across four storeys.

The developer is also exploring the potential for additional affordable housing outcomes.

Most of the apartments at Southwark Grounds will be delivered within a master-planned precinct on a large parcel of land on the eastern portion of the site, covering around two-thirds of its 8.4 hectares.

Wingard said detailed precinct planning over the coming months may identify further opportunities to increase yield further that could see total apartment numbers at Southwark Grounds, exceed this number.

Affordable homes at Southwark Grounds will also see a net increase, with Renewal SA maintaining its commitment to a minimum of 20 per cent affordable housing across the development.

&nbsp;

&nbsp;

Civil works have begun across the site, with construction under way on the first new roads surrounding a townhouse precinct in the south‑west corner of Southwark Grounds. This includes Renewal SA’s 17 Founder’s Row homes, which are on track for completion by Christmas.

“We expect to have people living at Southwark Grounds by the end of the year, so delivering roads and public spaces for those residents is among our highest priorities.”

Construction of 40 townhouses off Anderson Street, known as West Village and being delivered by Contour, is forecast to begin in mid‑2026. Kolabb’s Anderson Lane development will follow shortly after, delivering a further 26 townhouses.

Southwark Grounds is a state government‑led urban renewal project now set to deliver around 1,700 homes over the next decade.

Homes will be supported by a supermarket, a range of retail and hospitality offerings anchored by a revitalised Walkerville Brew Tower, a childcare centre, car parking and well‑connected public spaces.

Joel Robinson

400 new homes planned for Adelaide's former West End Brewery site

Brisbane developer&nbsp;<a href="https://www.apartments.com.au/developers/cavcorp">Cavcorp</a> has lodged plans for a new mixed-use residential development at <a href="https://www.apartments.com.au/new-apartments/55-wyandra-street-teneriffe-qld-4005">55 Wyandra Street</a>, Teneriffe, anchored by an 85-metre public laneway designed to reconnect the suburb’s riverfront with the Gasworks precinct.

The buildings, known as Teneriffe House and Teneriffe Lane, would replace the existing Queensland Cotton head office site with a 15-storey residential tower transitioning to eight storeys toward Helen Street. The project has been designed by Plazibat Architects and lodged as a code assessable development application for 93 apartments across a 3,401 sqm mixed-use site within the Newstead and Teneriffe Waterfront neighbourhood plan.

Central to the scheme is the transformation of an existing service easement into a publicly accessible cross-block connection linking Wyandra and Helen Streets. Cavcorp says the new laneway will act as both a pedestrian shortcut and a landscaped civic space between the Teneriffe Riverwalk, ferry terminal, and Gasworks precinct.

<img alt="First Look: Cavcorp unveils Teneriffe House and Teneriffe Lane plans for landmark wellness tower in Teneriffe" data-entity-type="file" data-entity-uuid="26e7f058-b065-4de8-b13d-a2b8cb64dfcc" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/bldg.png?VersionId=sELS0ZKYi361oYipUa1BIKfe_.DLZoFV" />

“The revised proposal delivers a legacy public-realm cross-block link, permanently secured for community use, transforming an existing private easement into a safe, high-quality pedestrian connection between the Teneriffe heritage riverwalk and the Gasworks–Long Island precinct,” the planning report states.

The laneway will sit beneath a large subtropical loggia integrated into the podium levels of the development. The design incorporates deep landscaping, water gardens, lobby spaces, business lounges, and ground-floor apartments to create what Cavcorp describes as a climate-responsive “urban verandah.”

The tower itself has been designed as a slender form with recessed floorplates and curved translucent corners inspired by contemporary Japanese architecture. The building height aligns with the Commercial Road precinct controls, which permit towers up to 15 storeys within proximity to Longland Street.

<img alt="First Look: Cavcorp unveils Teneriffe House and Teneriffe Lane plans for landmark wellness tower in Teneriffe" data-entity-type="file" data-entity-uuid="a8a17d40-43b6-4718-b3fd-67676fcbb485" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/pers%202_1.png?VersionId=i3VwDtp5AmL_8InW7w4qRbDFEpb744Jt" />

The project will comprise a mix of larger-format apartments aimed at owner-occupiers, downsizers, and families. The proposed apartment mix includes 11 loggia apartments across the lower levels, 50 four-bedroom Sky-Terrace apartments from levels three to seven, and 32 Sky-Pool Homes occupying the upper tower levels. The Sky-Pool Homes will feature private thermal plunge pools integrated into oversized balconies.

According to the application, the apartments are intended to reinterpret the scale and character of Teneriffe’s woolstore conversions and Queensland homes within a vertical residential format.

“The sky-pool homes build on Cavcorp’s previous projects and introduce a distinct apartment typology to Teneriffe, informed by both local and international precedent and responding to an identified market demand for enhanced safety, space and amenity,” the planning submission notes.

A major focus of the proposal is its five-level wellness and lifestyle offering, extending from the basement through to the rooftop.

Amenities proposed include a rooftop Swim &amp; Racquet Club with a 25-metre Olympic lap pool and tennis court, coworking spaces and libraries, golf simulators, wine storage, concierge facilities, business lounges, pet wash areas, and rooftop longevity-focused wellness spaces with spas, outdoor fitness zones, and landscaped terraces.

<img alt="First Look: Cavcorp unveils Teneriffe House and Teneriffe Lane plans for landmark wellness tower in Teneriffe" data-entity-type="file" data-entity-uuid="944b352c-49b9-4247-a4c6-5967b4b69fda" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/amenity.png?VersionId=Ed_qKjAtMwFT.5gfl3jiA9QwdWxSMsaX" />

All parking will be concealed within basement levels accessed from Wyandra and Helen Streets. Cavcorp says the deep-basement engineering approach allows the entire ground plane to prioritise landscaping, pedestrian movement, and active frontage rather than vehicle infrastructure.

The development continues Cavcorp’s concentration in Newstead and Teneriffe, where the Brisbane developer has delivered a number of apartment projects including Lucent, Le Bain, and Luminare, as well as the Long Island Wellness Precinct nearby. Several of those projects have received national design and architecture awards, including recognition under Brisbane’s “Buildings that Breathe” program.

Cavcorp unveils wellness-focused Teneriffe House and Teneriffe Lane apartment buildings

Focus Group Investments has lodged plans for a new apartment development at <a href="https://www.apartments.com.au/new-apartments/64-70-hanover-street-fitzroy-vic-3065">64–70 Hanover Street</a> in Fitzroy, seeking to utilise the Victorian Government’s recently introduced Great Design Fast Track pathway to accelerate approvals for the project.

The proposal is among the latest developments to emerge through the state-led initiative, which was established to fast-track well-designed residential projects in activity centres and transport-connected inner-city locations. The pathway allows qualifying developments that meet elevated design and housing benchmarks to bypass traditional council planning timeframes and instead be assessed directly by the Department of Transport and Planning.

Designed by SJB, the development will comprise a mix of apartments above activated lower levels, with a strong focus on architectural articulation, landscaping, and communal amenity. The design response seeks to balance the industrial character of Richmond’s former warehouse precincts with a more contemporary residential form.

<img alt="First look: Focus Group Investments taps Victoria’s Great Design Fast Track for Richmond apartments" data-entity-type="file" data-entity-uuid="abea51cc-d85b-479e-9aef-a589f3b37ca7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/ground.png?VersionId=e1Kf8EyPWwyiVumtqQ4rM5S4GpOR3CCz" />

Proposed are 63 new dwellings, a wide ranging mix of studio, one-, two-, and three-bedroom apartments, and townhouses and duplexes. They will be spread across a part-three, part-eight storey building.

The Planning and Urban Context Report by Tract says the development is of an "exemplary architectural standard" and has been carefully crafted by SJB Architects.

"Dwellings&nbsp;will benefit from excellent access to natural light, cross-ventilation opportunities and extensive communal space," the report noted.

The architectural material highlights the project’s integration of landscaped elements and communal spaces throughout the building. The proposal also incorporates sustainability initiatives aligned with the Victorian Government’s push for higher-performing apartment developments under the fast-track program.

The Great Design Fast Track was unveiled by the Victorian Government in 2024 as part of a broader housing supply strategy aimed at accelerating the delivery of new homes. Projects assessed through the pathway must demonstrate high-quality architecture, sustainability outcomes, and housing diversity while being located close to public transport and existing infrastructure.

<img alt="First look: Focus Group Investments taps Victoria’s Great Design Fast Track for Richmond apartments" data-entity-type="file" data-entity-uuid="afdbe834-8dc4-4a77-a943-ba07bc927348" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/site_11.png?VersionId=0J657j.TaChAZfp93wqJYBTqSsnREJx2" />

Focus Group, founder and led by Paul De Lutiis, is increasingly active across Melbourne’s inner suburbs, targeting well-connected urban renewal locations suited to medium and higher-density residential development. The Fitzroy proposal continues that strategy, leveraging the area’s strong transport links, established retail amenity, and proximity to the CBD.

Fitzroy has been one of the most popular spots for developers and buyers in recent years. The likes of PACE Development Group, SMA Projects, Crema Group and Chapter Group, currently selling projects in the suburb.

First look: Focus Group Investments taps Victoria’s Great Design Fast Track for Fitzroy apartments

The Gold Coast Planning Committee has supported the preliminary approval for the Benowa Gardens Urban Village project following an extensive community consultation and assessment process.

The proposal will now proceed to a full council vote on June 2.

The application sought approval for a masterplanned urban village on the existing Benowa Gardens Shopping Centre site, combining new housing, retail, dining, health and lifestyle amenities within a walkable, integrated precinct.&nbsp;

The proposed redevelopment includes around 413 apartments integrated above a revitalised mixed-use centre featuring a full-line supermarket of 4,000 sqm, 6,000 sqm of specialty retail and dining space across around 30 retailers, a 7,000 sqm health and wellness precinct, and roughly 9,630 sqm of office and medical suites.&nbsp;

<img alt="$1b Benowa Gardens Urban Village moves to Full Council following Planning Committee support" data-entity-type="file" data-entity-uuid="fb36ae47-80bc-45f0-9914-31b0c7b6007d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/PR26576%20Ashmore%20Road%20C4%201121%20FI.jpg?VersionId=6mRKk2uU4r67TmTt39DKGUlvFRbTVqWa" />

The broader masterplan also includes very significant traffic and transport improvements, wide pedestrian walkways, upgraded pedestrian and cycle connections, and enhanced public areas designed to create a more connected and walkable community environment.&nbsp;

Centre owner Patrick Lu said the milestone reflected months of detailed planning, technical assessment and ongoing communication with local residents, businesses, schools and stakeholders.

“We appreciate the time, consideration and care Council officers and the Planning Committee have given this proposal throughout the assessment process,” Lu said.

“We also sincerely thank the local community for engaging with us, sharing feedback and participating in the consultation process over many months.

<img alt="$1b Benowa Gardens Urban Village moves to Full Council following Planning Committee support" data-entity-type="file" data-entity-uuid="32fd1fc3-d0e6-485f-ac57-9916c9bcb818" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/PR26576%20Ashmore%20Road%20C5%201121%20FI_2.jpg?VersionId=fz8qQKDBLQ7MyFRc856Zccfbh9nFwLOe" />

“We understand projects of this scale bring questions and concerns, which is why we have worked hard to listen carefully, provide information transparently and continue refining elements of the proposal where possible.

“Our vision has always been to create a well-designed, community-focused urban village that responds to the changing needs of the Gold Coast, while delivering improved amenity, housing diversity, healthcare access and local lifestyle benefits.

“This proposal is about creating a genuine live-work-play environment where residents can access everyday services, schools, healthcare, dining, shopping and green space within walking distance, while also supporting local jobs and economic activity.”

<img alt="$1b Benowa Gardens Urban Village moves to Full Council following Planning Committee support" data-entity-type="file" data-entity-uuid="50dfbd04-590e-4fc6-983b-766880947867" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Dining%20Day%20Time%20-%20High%20Resolution.jpg?VersionId=BP7ZoKJ0DdL_8iRkkC8VVx99moICV6kg" />

Lu said the proposal had evolved significantly through consultation and technical review, particularly around traffic, pedestrian and student safety and neighbourhood connectivity.&nbsp;

Melissa Griffin, Director at Urbis, said the recommendation recognised the strategic importance of delivering more housing and services within established urban areas already supported by infrastructure.

“This proposal represents the type of thoughtful, integrated growth that planning frameworks across South-East Queensland are encouraging,” Ms Griffin said.

“The project seeks to place housing, retail, healthcare and employment opportunities together in a highly accessible location close to schools, transport and existing services.

“Importantly, the process has involved significant technical assessment and community engagement to ensure local issues and feedback were properly considered throughout the planning pathway.”

$1 billion Benowa Gardens Urban Village heads to council vote following Planning Committee support

Surfers Paradise is officially set for its first new residential development with a 45-storey skybridge connecting the two towers.

John Camilleri’s Celestino Developments has been given the green light by the Gold Coast City Council to develop its major beachfront precinct across its huge 4,000 sqm oceanfront site at <a href="https://www.apartments.com.au/new-apartments/63-79-garfield-terrace-surfers-paradise-qld-4217">63–79 Garfield Terrace</a>, just five months after its <a href="https://www.apartments.com.au/news/qld/first-look-exclusive-billionaire-winx-breeder-s-bold-two-tower-surfers-paradise-play-with-45th-storey-skybridge">submission in late 2025</a>.

The approved scheme will deliver two towers rising 55 and 48 storeys, connected by a skybridge positioned on level 45 that will house a range of resident-only wellness and entertainment spaces.

In its notice of approval, the Gold Coast City Council said the&nbsp;proposed overall built form has been designed to complement the scale, intensity and protect the adjacent amenity and surrounding streets through the use of varied setbacks, site cover and architectural elements.

<img alt="First look exclusive: Billionaire Winx breeder’s bold two-tower Surfers Paradise play with 45th-storey skybridge" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_75/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screenshot%202025-12-30%20at%209.53.48%E2%80%AFAM.png?VersionId=ADyPJ_TFbJvSU9wZFOiCBnlPtgF7VWqW" />

Designed by <a href="https://www.apartments.com.au/architects/dbi">DBI</a>, the development will comprise 275 apartments across the two towers, including a mix of two-, three-, and four-bedroom residences, as well as several penthouses. The apartments will sit above a landscaped podium featuring more than 90 metres of beachfront pool frontage, private resident lawns, lounges, and wellness spaces.

DBI said the design draws heavily from the movement and form of the coastal environment, with curving balcony lines and sculpted façades intended to soften the scale of the towers while maximising ocean outlooks and passive shading outcomes.

“The project occupies a rare, uninterrupted oceanfront site and has been shaped by a design philosophy that merges architectural elegance with environmental responsiveness and a carefully curated lifestyle experience,” DBI said in planning documents submitted to the Gold Coast City Council.

The most distinctive element of the approved project is the skybridge linking the two towers at level 45. The elevated communal space is planned to include executive lounges, formal dining areas, wellness facilities, and panoramic ocean-facing outlooks.

“The skybridge enhances the identity of the development, promotes social interaction, and delivers a lifestyle experience not found elsewhere on the Gold Coast,” DBI said.

At podium level, residents will have access to a suite of resort-style amenities, including resident lounges, private dining rooms, a yoga lawn, gymnasium, plunge pools, and treatment spaces. The beachfront pool has been designed with separate lap, lounge, and children’s areas extending across the width of the site.

The project will also introduce new food and beverage offerings along the Enderley Avenue and Oceanway frontages, contributing additional activation to the beachfront precinct.

First look: Winx billionaire’s beachfront Surfers Paradise apartment development greenlit

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

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

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

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

Every First Home Owner Grant for new property by state

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

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

Staff Writer

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

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

alisonwarters@gmail.com

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

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

Ellen Walker

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

Roberts Co has entered a new phase of growth following its acquisition by Arada, one of the world’s fastest-growing property developers in Australia.

The acquisition is supported by a $50 million capital injection into Roberts Co’s Australian balance sheet, consisting of the previously announced $25 million recapitalisation and an additional $25 million in new funding from Arada.

This investment strengthens Roberts Co’s financial position, stabilises operations, and provides the foundation for strategic expansion beyond its New South Wales base, with a focus on new opportunities in Queensland, including the Brisbane and Gold Coast regions.

With Arada’s international resources and financial backing, Roberts Co will broaden its portfolio across residential, commercial, and infrastructure sectors, reinforcing its strong market position in New South Wales and setting itself to capture growth in one of Australia’s most dynamic construction markets.

Ahmed Alkhoshaibi, Group CEO of Arada, said Roberts Co has a proud Australian heritage, an outstanding delivery record, and a strong reputation for collaboration with clients and partners.

"By combining this expertise with Arada’s global scale and financial capacity, we are creating a platform for sustained growth in the Australian market,"&nbsp;Alkhoshaibi said.

“Our $50 million capital injection, including new funds from Arada, underlines our commitment to both stabilise and expand Roberts Co’s operations, particularly into the fast-growing Queensland market. We see significant potential in South-East Queensland’s pipeline and are confident Roberts Co is well placed to deliver lasting value for clients and communities.”

George Kostas, CEO of Roberts Co, said Queensland, and particularly South-East Queensland, is one of the most active and opportunity-rich regions in Australia right now.

"The lead-up to the Brisbane 2032 Olympic Games will bring unprecedented investment across housing, transport, and infrastructure. Roberts Co is eager to play a major role in that transformation and secure a meaningful share of this fast-growing market.”

Arada pours more funds into Roberts Co, flags expansion into South East Queensland construction market

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Australand has slammed some of its biggest house-and-land competitors for offering incentives to entice buyers as the outlook for the Melbourne land market remains soft.
Land sales on Melbourne’s fringes have been in decline since the second half of 2009, falling from 16,000 sales in 2010 to just 6,000 for the first six months of 2012, according to the latest Melbourne communities report from Colliers International, which forecasts only modest growth ahead.
Median land prices fell by 9% over the six-month period, from $215,000 to $205,000, but recorded an increase of 7% year-on-year.
Developers have also been hurt by the withdrawal of the $13,000 Victorian government first-home buyer handout for the construction of new homes, which ended in June.
Australand general manager Rob Pradolin told Fairfax the current land market remained tough, with first-home buyers disappearing following the ending of the grant, but says rebates and incentives are causing hundreds of home owners to pay more stamp duty because the face value of contracts included those extras.
He says there is a lot of competition in the marketplace, with “developers under-cutting each other and offering significant incentives to make a sale”.
Pradolin says rebates are disguising the adjustment that has already occurred in the Melbourne land market and says it is about time developers face the facts, give a simple best price and move on.
Australand has eight land estates for sale on the Melbourne fringes including Casiana Grove in Cranbourne West, with land prices starting at $187,000 featuring 670 lots.
According to Colliers, 400 lots remain available for sale in this development.
Among those offering incentives is one of Australand’s biggest competitors, Stockland, which is offering a $10,000 cash rebate on selected lots.
The rebate is offered at Selandra Rise in Clyde North, the-top selling residential project over the second half of 2011, according to the same Colliers report.
Lend Lease is offering to pay back the value of stamp duty of the land component of the sale to be received as a cash-back upon settlement before December 7, 2012.
Another developer, Peet, was giving away Toyota cars up until October 14.
Other developers offering incentives include Intrapac, which is offering a $15,000 new home buyer grant at its Somerfield development at Keysborough in Melbourne’s south-east, which is available to all buyers.
“We’re extending the expired new home buyer hrant to include everyone,” says the Somerfield brochure.
Some of the promotions come with flashy, attention-grabbing signage.
<img src="/images/stories/2012/10/hotlots.jpg">
The Stockland offering is called the “Hot Lots Offer” complete with burning flame.
Other developer incentives have included cash rebates, stamp duty rebates, free fencing and landscaping.
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lschlesinger-FZcF9M3vE6

Flashy developer incentives push up cost – and attendant stamp duty – of Melbourne land packages: Australand

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Do you want cashflow or equity from your development?
One of the first questions I ask anyone enquiring about property development project management services is: what is your goal?  What do you want to achieve from your development?
The reason I ask is because some people want to create positively geared property with the highest possible yield because they want to add to their cashflow.  Generally these people may have lower incomes but still want to build a property portfolio. The income from the properties will increase their taxable income. They don’t want property that is going to drain them financially.
Others are looking for negatively geared property where they can create lots of equity. Generally they are people on higher incomes, paying a lot of tax and need property that will help offset some of the tax they are paying. They need high depreciating property and want to use the equity created through development for their next deal.
There are very different development strategies for each outcome.  After this initial chat, we recommend a discussion with their accountant and lender take place to ensure that the development strategy that they want is actually correct for their situation.
Once we’ve established the development strategy, we look within this category for the right development site for them.
A high cashflow development will be one that produces a 9%-plus gross yield, and Property Bloom is achieving this with our granny flat developments. I’ve included figures on our latest granny flat completed below:
Purchase three-bedroom house on large, dual-access block:   $228,000
Stamp duty and purchase costs: $10,000
Renovations to house: $18,000
Total house cost: $256,000 – rent achieved $340 per week
Cost to build tw0-bedroom granny flat: $96,000 – rent achieved $280 per week
Total rental return: $620 per week, $32,240 per annum
Cost of house plus granny flat = $352,000
Gross yield (rent divided by cost) = 9.2%
This is a cashflow strategy, not an equity creation strategy, as a valuer is likely to value the property at cost plus upgrades unless there are direct sales comparables in the market. This is because the flat cannot be subdivided from the house and may be considered purely an upgrade to the existing house.
On the opposite end of the scale would be a three- to four-unit project that will create a large amount of equity, high depreciation benefits and not a bad yield, but a project of this size will still probably be negatively geared on completion.
 
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Here’s an example of a three-unit project Property Bloom has just completed in the Hunter region of NSW:
Land 1,090 square metres: $195,000
Purchase costs: $7,000
Building costs: $667,000 includes all design, fees, development application and construction certificate costs
Total costs:  $869,000
Rent on three units @ $390 per week each = $ 60,840 per annum
Estimated values of freestanding three-bedroom, two-bathroom units: $1,088,000
U1 $369,000 (DLUG), U2 $350,000 (SLUG), U3 $369,000 (DLUG)
Gross equity created (value less costs) = $219,000
Gross yield: 7%
Be clear with your goals.  Yield or equity, and sometimes you may achieve a balance between the two.
With cash rates now down to 3.25% and banks fixed rates around 5.4% (for 3 years), yields are increasing.
To create a good amount of equity in your development be sure to buy the land at the best possible price, look for relatively flat land that will help keep site costs low and build just what the market needs, not above it – don’t over capitalise.  If you can keep your building costs low but still deliver a good product, then you have met a few developer golden rules.
Jo Chivers is director of <a href="https://www.propertybloom.com.au/">Property Bloom</a>, which manages property development.
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jochivers-wq5Bp59R5a

Choose between cashflow and equity when developing property

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Stockland’s Selandra Rise residential community in Melbourne's south-east has been one of the most successful recent house-and-land projects in Melbourne, according to the latest Melbourne communities report from Colliers International.
The report, released this week, notes that Selandra Rise (pictured below) in<a href="/news"> Clyde North</a> managed around 150 sales over the second half of 2011.
<img src="/images/stories/2012/10/selandra1.jpg">
However, the overall outlook is for lower steady growth in residential land sales over the next few years, with a combination of reduced population growth, declining consumer sentiment and changes to government incentives having already led to a correction in demand for land in Melbourne’s residential communities.
"Lack of demand, a cautious consumer outlook and uncertainty in funding on the developer and purchaser side is likely to continue in the next 16 months,” says  Paul Wheate, Colliers International director for valuations.
Over the second half of 2011 residential lot sales in Melbourne’s fringe growth suburbs continued to decline falling by 21%.
Colliers International records less than 2,000 lots sales in the second half of 2011 compared with more than 3,500 in the same period two years ago.
Median land prices fell by 9% over the six-month period, from $215,000 to $205,000, but recorded an increase of 7% year-on-year.
New home approvals are down to below 6,000 across the city for the first six months of the year, compared with nearly 14,000 in 2011 and close to 16,000 in 2010.
Wheate says that after a period of high demand and limited supply, the land market was returning to more sustainable long-term averages in terms of sales rates, driven largely by the increased supply of available stock and declining purchaser sentiment.
“After the highs of 2009 and 2010 we became used to unsustainable levels of activity,” he says.
“With the declines in demand that we are seeing, courtesy of reduced building approval figures, population growth, and negative consumer sentiment during 2012, we anticipate that vacant lot and house sales will remain at current levels for the short to medium term.“
Click to enlarge
<a title="Click to enlarge" rel="shadowbox" href="/images/stories/2012/10/colliersoct11.gif"><img src="/images/stories/2012/10/colliersoct11thumb.gif"></a>
 
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Colliers International research analyst Margaret Bowden anticipates that the current environment will lead to a further increase in the proportion of sales of land measuring between 350 square metres and 450 square metres, and will likely lead to a more affordable median price for both vacant lot and house sale prices over the next 16 months.
The trend to build more affordable houses on smaller lots has already been picked up Stockland, which has reduced its average lot size from 569 square metres to 510 square metres. The company has pushed up the price from $362 per square metre to $403 per square metre.
The Colliers International report notes that around 82,265 vacant lots were sold and settled in the municipalities of Hume, Cardinia, Casey, Whittlesea, Wyndham, and Melton between 2005 and 2011.
However, nearly 43,000 lots remain available for sale – more than half the number sold over the previous six-year period.
Many projects continue to sell well, led by Selandra Rise.
The development is located in the city of Casey, about 50 kilometres south-east of Melbourne and about 20 kilometres from Mornington Peninsula.
Three-bedroom house-and-land packages start from around $320,000 on blocks measuring 294 square metres.
In total, 750 out of the 1,200 blocks available at Selandra Rise have been sold since marketing commenced in 2010.
Other strong selling projects include Stockland’s Allura community (Truganina) and Lend Lease’s Atherstone community (South Melton) in the western region, which sold 120 and 105 each respectively, and Metro Property’s Orchard Grove (Doreen), which has sold about 100 lots since it began marketing in April 2011. This is equivalent to 57% of its total stock.
According to Colliers International, six new precinct structure plans (PSPs) were completed in June 2012.
These new development areas will add an estimated 37,782 lots to the growth corridors of Melbourne in the future. This brings the number of total proposed lots to 135,561.
The western corridor has the highest proportion of lots (36%) with completed PSPs in the supply pipeline, the majority of which are in the municipality of Melton (35,254 lots). This is followed by the south-eastern corridor, with 33%, and the northern corridor with 31%
<a href="/news">Wyndham </a>recorded the highest median price for vacant lots (excluding rebates) in Melbourne’s growth areas over the second half of 2011 with $237,750, followed by <a href="/news">Casey </a>($213,950), <a href="/news">Whittlesea </a>($211,000), <a href="/news">Hume </a>($195,000), <a href="/news">Melton </a>($175,500), and <a href="/news">Cardinia </a>($176,000).
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Stockland’s Selandra Rise tops Melbourne’s house-and-land sales but fewer sales forecast: Colliers

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The red brick Cronulla house used as the location of the Vickers' family house in the Channel 10 series Puberty Blues (pictured below) sold at recent auction for $1,382,500.
{yoogallery src=[images/stories/2012/09/sept6puberty]}
The home, last sold 47 years ago, was very much in mint 1970s condition, including the seven different types of wallpaper, patterned carpet, coloured bathroom and wood light fittings.
The television series location manager Peter Hicks scoured for months to find the right house with authentic '70s interiors.
Inspired by the recent <a href="https://www.propertyobserver.com.au/new-south-wales/no-blues-for-the-property-market-as-70s-icon-sells/2012090956471" target="_blank">Puberty Blues series</a> – which seems set to return to our wide screens again – and the home sale, Property Observer has taken the trip back to find the top 1970s homes that are currently on the market or have recently sold.
The list is mainly populated by Victoria and New South Wales properties, but other states do get a mention. The list is organised by the style features that are indicative of a 1970s property.
 
<hr class="system-pagebreak">
<h1>Orange and brown</h1>
Maybe it was all the John Lennon tinted sunglasses, but people in the 1970s loved orange and brown. The world couldn’t get enough – orange and brown pants, orange and brown carpet, orange and brown typewriters and orange and brown homes. 

<img src="/images/stories/2012/09/trentwood.jpg">
<a target="_blank" href="https://www.realestate.com.au/property-house-vic-balwyn+north-109451346">21 Trentwood Avenue, Balwyn North, Vic 3104</a> (pictured above)
In excess of $1 million
The fire, the furniture, the brown carpet and the wood veneer show this house's makeover in the 1970s. Walk into the open home day and you’ll likely hear Bee Gees’ Trafalgar pumping from the stereo. This home was actually built in the 1960s but underwent a hefty renovation in the '70s. The property was designed by Kevin Borland. The four-bedroom brick home is listed through Dawn Kay from Fletchers Balwyn North.
 
<hr class="system-pagebreak">
<h1>Exposed Brick</h1>
Brick was best, according to the 1970s psyche. Big, imposing (orange) brick walls were a key feature of Australian homes in the 1970s.

<img src="/images/stories/2012/09/vernon.jpg">
 <a target="_blank" href="https://www.realestate.com.au/property-house-nsw-hunters+hill-111544867">8 Vernon Street, Hunters Hill, NSW 2110</a> (pictured above) $3.49 million

There’s a big brick wall here, but the owners have adorned it in true '70s style with a lovely big hanging tapestry. The roof angles down leading onto a concrete entertainer's deck. Settle back in the period futon and get groovy, man. The home comes with 180-degree views over the bay. It comes with its own pool and private access to the bay. Nicholas McEvoy from McGrath Hunters Hill is listing the property.
<img src="/images/stories/2012/09/williamedward.jpg">
 <a target="_blank" href="https://www.realestate.com.au/property-house-nsw-longueville-110477853">19 William Edward Street, Longueville, NSW 2066</a> (pictured above) $1.59 million

The interior is stylistically similar to the previous property. The dining room here is framed by the big brick walls to give a homely feel. The Longueville property comes on 1,250 square metres for the true Australian dream lifestyle. It is being listed by Mary-Anne Fitzgerald from Blunts Real Estate Lane Cove.
 
<hr class="system-pagebreak">
<h1>Tiled kitchens and bathrooms</h1>
Big tiles were the big thing back then, and who can blame them? Patterened tiles, striped tiles, orange tiles – anything to make a statement.
<img src="/images/stories/2012/09/hooke.jpg">
 <a target="_blank" href="https://www.realestate.com.au/property-house-nsw-dungog-109339186">112 Hooke Street, Dungog, NSW 2420</a> (pictured above) $359,000

Big and bold are the words to describe these tiles. The fern in the upper right does inject some greenery into the earth tones of the bathroom. The brick home is in Dungog, North of Newcastle. Natasha McElwaine from McElwaine Hunter Valley is selling the property.
<img src="/images/stories/2012/09/park.jpg">
<a target="_blank" href="https://www.realestate.com.au/property-house-vic-brunswick-111096111">833 Park Street, Brunswick, Vic 3056</a> (pictured above)
$1,350,000

Very similar tiles here, maybe Waltons was having a sale at the time. Offered for the first time in 28 years, this property is a blast from the past. Property Observer particularly likes the lovely blind just peeking into the frame. Property Observer notes it's not quite authentic though, with a complete lack of any Macramé. The solid-brick Californian bungalow is close to Melbourne and comes with the classic three bedrooms and two bathrooms. Chris Goulding from Barry Plant Brunswick is selling the property.
 
<hr class="system-pagebreak">
<h1>Billiards and pool rooms</h1>
Someone in the 1970s decided that billiards and pool rooms were a good idea. The space-hungry rooms are a common feature of homes of this period.

<img src="/images/stories/2012/09/belmont.jpg">
<a target="_blank" href="https://www.realestate.com.au/property-house-vic-surrey+hills-111303151">5 Belmont Street, Surrey Hills, Vic 3127</a> (pictured above)
$1. 4 million

There’s ample room to play a few rounds of pool around this table, there’s no need to buy shorter cues, which are so often required in pool rooms. The generous space is a sure feature from the '70s. The four-bedroom Surrey Hills home comes has no shortage of space at all, as it’s set on 1,139 square metres. It’s being sold by Loger Chen and Janssen Xiang from Aussie Home Real Estate Kew.
<img src="/images/stories/2012/09/robinson.jpg">
<a target="_blank" href="https://www.realestateview.com.au/Real-Estate/18-20-robinson-place-portsea/Property-Details-buy-residential-3732841">18-20 Robinson Place, Portsea, Vic, 3944</a> (pictured above) $1.6 million

Big pool room, big tiles, orange stylised furniture – this has to be the feature home on our list. The wood-panelled roofing leading out into the entertaining area is lovely. The four-bedroom home comes on 2,000 square metres and is close to the local tennis and golf club. It’s being sold by Ilze Moran and Lloyd Robinson from RT Edgar Portsea.
 
<hr class="system-pagebreak">
<h1>Fireplaces</h1>

Home builders in the 1970s loved their fireplaces. If there’s one way to quickly tell if a home was built in the 1970s, rush to the lounge room and see if there’s an open fireplace. Big and brick and likely orange.

<img src="/images/stories/2012/09/clarke.jpg">
 <a target="_blank" href="https://www.realestate.com.au/property-house-sa-walkerville-108186616">6 Clarke Street, Walkerville, SA 5081</a> (pictured above) $875,000 to $950,000 Built in the 1970s, this home was recently renovated to bring it up to date. But it’s been tastefully done and keeps its original styling cues. White walls started to creep into fashion in the 1970s as architects advocated large modern-looking rooms. The original builders took an interesting take on the requisite 1970s fireplace and have made it a feature point of the open-plan dining and lounge room. It’s being sold by Judy Morris from Klemich Real Estate.
<img src="/images/stories/2012/09/small.jpg">
 <a target="_blank" href="https://www.realestate.com.au/property-house-nsw-woollahra-111201083">13 Small Street, Woollahra, NSW 2025</a> (pictured above) Above $2 million

There’s some '70s-influenced styling here with the fireplace and the Organic-style architecture. It comes with views over the city skyline, which would have looked somewhat different in the 1970s. The rest of the house is furnished with period furniture and detailing. It’s being sold by Walter Antonelli from Raine &amp; Horne Double Bay.
 
<hr class="system-pagebreak">
<h1>Trippy patterns</h1>


Stare at some of the patterns around in the 1970s long enough and you’ll eventually lose your mind. There’s nothing subtle about the carpets and wallpaper around at the time.
<img src="/images/stories/2012/09/watts.jpg">
 <a target="_blank" href="https://www.realestate.com.au/property-house-vic-mount+eliza-108199666">44 Watts Parade, Mount Eliza, Vic 3930</a> (pictured above) $950,000

What a kitchen. Property Observer likes the styling and the big floor tiles. The kitchen is in a three-bedroom Mount Eliza home absolutely full of 1970s furniture. The property is being sold by James Crowder from Community Real Estate Mount Eliza.
<img src="/images/stories/2012/09/sheoke.jpg">
 <a target="_blank" href="https://www.realestate.com.au/property-house-vic-sorrento-107134026">5 Sheoke Grove, Sorrento, Vic 3943</a> $675,000

This Sorrento property hasn’t been touched in a long time. There's wonderful wooden bedheads. The zig-zag carpet is unrelenting yet mesmerising. And then to complete the magic eye illusion, it’s offset by the fluoro curtains. The brick home is set on 776 square metres of land. It’s being sold by Liz Jensen from Kay &amp; Burton Portsea.
 
<img src="/images/stories/2012/09/yarrabat.jpg">
 <a target="_blank" href="https://www.realestate.com.au/property-house-vic-balwyn-108169516">97 Yarrbat Avenue, Balwyn, Vic 3103</a> (pictured above) $ Undisclosed

This home was originally designed by  Dale Fisher, an Australian architect active through the 1970s. It has made use of the classic '70s wallpaper, but it’s used in restraint and works quite well. The interior of the home is like a museum of 1970s styling. The four-bedroom home comes on 1,812 square metres of land in Balwyn. It recently sold through Diana Healy from Jellis Craig Hawthorn.
 
<hr class="system-pagebreak">
<h1>Outdoor spaces</h1>
Entertaining has always been an Australian tradition, and this was no different in the 1970s. The spaces there were built to 1970s tastes.

<img src="/images/stories/2012/09/helenslea.jpg">
 <a target="_blank" href="https://www.realestate.com.au/property-house-vic-caulfield+north-111417947">7 Helenslea Road, Caulfield North, Vic 3161</a> (pictured above) 

This is a classic 1970s outdoor space. The deck is concrete tiled, and the angled roof comes down to give a small timber-clad covering to half of it. The patio looks out to the expansive backyard and into the family room. The home has been updated over the years, but the undeniable soul of the '70s remains. The four-bedroom Caulfield North home is set on 835 square metres and comes with a kosher kitchen and an undercover car port.

<img src="/images/stories/2012/09/nelson.jpg">
 <a target="_blank" href="https://www.realestate.com.au/property-house-wa-bedfordale-110374989">30 Nelson Street, Bedfordale, WA 6112</a> $559,000

That façade is so '70s it must have been designed right about the time Gough Whitlam was sacked by John Kerr. The façade is from a five-bedroom brick home on 5590 square metres in the semi-rural suburb in the south-east of Perth, Bedfordale. It’s being sold by Sam Saffioti from Roleystone Real Estate Roleystone.
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awalsh-7Ub9EypybQ

Got the right day but got the wrong week: the 14 houses living in the '70s

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Residential property developer Peet expects “conditions” in the residential property market to remain “volatile and challenging" into 2013 with business and consumer confidence remaining low despite the series of rate cuts in the previous financial year.
However, Peet managing director and CEO Brendan Gore did note in the company’s annual report that “positive signs” have emerged in the Western Australian property market in the first months of the year.
And he said there are also plans to accelerate development of Peet's Vantage master-planned residential community in Gladstone, the mining hotspot 550 kilometres north of Brisbane.
However, the overall tone of the annual report was one of a challenging year ahead for Peet and others operating in the residential development sector.
“The 2012 financial year delivered some of the most challenging conditions experienced in almost 20 years and there is little expectation that markets will improve significantly in the 2013 financial year,” said Gore.
“The series of interest rate cuts in 2012 has not had the desired effect to date and consumer and business confidence remains low."
He did add that the long-term fundamentals of the Australian property market – including population growth, an under-supply of housing and a tight rental market – “remain conducive to an improving market.
“However, the catalyst for household confidence, which will underpin improved demand in the residential property market activity, is yet to be found.”
Gore says Peet would be well prepared to "respond quickly and effectively to any improvement in consumer sentiment and the residential market".
“However, given the ongoing uncertainty in Australia, and until the timing and strength of the expected recovery is confirmed, the directors are unable to provide guidance on 2013 operating earnings with any degree of certainty."
Peet recorded a net operating profit after tax of $20.3 million for the year to June 30 and statutory net profit after tax for the full year of $5.4 million, representing a decrease of 76% compared to the previous corresponding period.
Shareholders did not receive dividend payment.
Peet chairman Tony Lennon said he appreciated this would be disappointing for investors, but said he trusted investors “have confidence in our ongoing dividend payment policy and the validity of the reasoning behind the decision taken”
Lennon said the year ahead would be a period of consolidation for Peet.
“We are operating in exceptional times where, despite the relative wealth of our own nation, we are heavily impacted by the global economy and consumer and business confidence has been low over a sustained period of time.
“This time last year, it was the crisis befalling some European economies and concern about the United States’ debt ceiling issue. This year, the slowing of the Chinese economy and falling commodity prices are also having significant flow-on effects in Australia and consumer and business sentiment remains cautious.
But he said the company was well positioned with “quality assets in good locations around Australia”.
“We have managed through a number of cycles and will continue to maintain the rigour required during the current market conditions, while positioning the company to capitalise on any upturn in consumer sentiment.”
Peet’s biggest residential project is Flagstone City, 45 minutes south-west of Brisbane in Jimboomba, which has a gross development value of $1.87 billion and is due to begin in 2013. It features 1,500 lots and is proceeding as scheduled.
In total Peet has a lot pipeline of 34,600 worth $6.2 billion.
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No property market recovery in 2013, but some early positive signs in WA: Peet

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There is no simple policy response to lifting a major sector of the economy, housing, out of its current doldrums.
Financial stimulus packages such as increasing the value of first-home owners’ grants and stamp duty concessions do work. However, as welcome and necessary as these fiscal stimulus policy measures are, they need to be complemented by other monetary policy and regulatory reforms to overcome the challenges in the post-GFC deleveraging environment.
 
The new housing market is well known for its cyclical behaviour but the current cycle, impacted in recent times by the GFC, has highlighted the systemic problems of housing supply, housing affordability and the need for fundamental reform.
 
The here and now
Residential building is going through a worrying and long weak phase during which industry activity, in real terms, has essentially tracked sideways for close to nine years now. The short-term outlook remains poor despite the RBA’s cumulative rate cuts of 1.25 percentage points over the past 12 months, and residential building is set to weaken further during the remainder of 2012 and into 2013.
Master Builders’ surveys as well anecdotes from house builders point to poor sentiment affecting purchasing decisions. Households remain sensitive to global woes, job insecurity and flat to falling house prices.
‘Hangovers’ from the global financial crisis created an increased propensity to save and reduce debt. This trend appears long lasting.  Confidence remains fragile. Although leading indicators of new home building are finally showing some – albeit nascent – signs of improvement, activity continues to languish around the bottom of the cycle.
Actual work done is expected to weaken further in the short term. Sales and enquiries are drying up, and profitability is under severe pressure. So it is no surprise that builders say they are looking to reduce employees and contractors.
Further RBA rate cuts are warranted, although the banks must fully pass on these rate reductions to home owners and not simply bolster their profits. Reviewing home loan eligibility requirements would also assist.
Forward indicators should improve during the latter part of 2012 and early 2013, with an improvement in work done beginning to flow through in 2013-14.  Nonetheless, the upswing will be from a low base. Dwelling starts declined by 11.5% to less than 140,000 dwelling units in 2011-12, after a 5% decline the previous year.
 
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Understanding the problems
 
A much better understanding of the underlying, structural or systematic problems is needed if there is to be any meaningful response to stimulate a sustainable recovery in the new housing market.
The first key challenge is to redress the undersupply of new housing by building more. This would, in turn, work to address the second key challenge, housing affordability.
Lack of supply, first and foremost
Economic analysis points to a substantial and increasing under supply of housing in Australia. Projections from the federal government’s National Housing Supply Council point to a current shortfall of 228,000 dwellings. Based on current policy settings, the council believes it will increase to 370,000 dwellings in 2016 and potentially 663,000 dwellings by 2031.
Federal government programs to improve the supply of affordable housing have been worthwhile, but do not address the fundamental constraints driving the broader supply problems.
The affordability issue just won’t go away
 
Even if a cyclical pick-up in demand works to underpin a recovery in Australia’s new housing sector, the nation will still have a serious underlying problem in terms of housing affordability.  Without a coordinated national policy response by all three levels of government, the problem will only worsen.
Global economic uncertainty has contributed to the current sluggish housing market conditions but is masking the true extent of the housing challenge.  Housing affordability remains problematic for many in the Australian community, in particular first-home buyers looking to gain a foothold in the housing market.
The decline in established house prices experienced in the immediate aftermath of the GFC (falling 5% in 2008-09) and the more recent falls coinciding with the ongoing sovereign debt crises in Europe and the United States (down 6% in the past two years) are not sustainable or politically desirable solutions to the longer-term structural challenges of housing affordability.
 
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Policy needs to focus on supply-side impediments
The short-term focus of governments often ignores longer term structural economic and social policy ramifications.  Reforms are required on both the supply and demand side of the market.
Demand-side drivers of house prices influencing housing affordability include: income, taxation, mortgage interest rates, employment and unemployment, consumer confidence, attitudes to household leverage (debt), population growth, the incidence and pattern of household formation, labour market and social changes, patterns of urbanisation, and changes in housing quality.
Supply-side drivers of house prices include: building and planning regulations, availability of adequate land supply, taxes and charges imposed on the housing supply chain, and labour market policies, practices and regulations.
Government failures must be corrected
The primary challenge for the federal, state, territory and local governments is to develop and implement a set of nationally co-ordinated policy settings to remove the supply-side impediments in the Australian housing market.
Immediate priorities must revolve around remedying government failure in areas such as regulation and regulatory processes – land supply and development approvals, as well as taxes and charges affecting residential housing supply and transfer.
Governments must reduce developer charges and taxes such as stamp duties, speed up development applications and increase land supply. These key measures would go a long way towards solving both housing undersupply and poor affordability.
Action to remove the barriers to housing supply would also assist in underpinning economic growth and jobs.
Master Builders Australia’s blueprint for reform
 
The federal, state, territory and local governments must act collectively through a radically reformed housing affordability agenda under the auspices of the Council of Australian Government.  This reform agenda must include accountability for delivering housing supply and housing affordability policy outcomes.
Master Builders wants to see the setting of competitive benchmarks for the respective state, territory and local government jurisdictions. Under these benchmarks, the federal government commits to pay competitive, efficiency payments to the best-performing state, territory and local governments delivering superior outcomes against rigorous and transparent performance criteria.
Key performance metrics can include: adequate supply of imminently ‘releasable’ land, streamlined building approvals processes, agreed ‘master plans’ covering urban and regional infrastructure plans and urban consolidation, adherence to the Building Code of Australia, and removal of state and local government variations, and reforms to infrastructure (also known as ‘developer’) charges.
A plea for action
Australia desperately needs a long and strong phase of residential building. We have been underbuilding for nearly a decade.
The well-documented supply-side impediments and inefficiencies need to be addressed urgently, or a pick-up in housing demand will simply run into these constraints. This will force up new house prices, making established houses more attractive and forcing people to chase existing stock – thereby sowing the seeds for the end of the new house building upturn.
Surely this should be enough incentive for governments to work together to agree on a set of reforms to address key issues such as the length and complexity of the planning process, issues related to the provision and funding of infrastructure, and other challenges related to infill development.
If successfully resolved, this would ensure new residential building and the industry that provides it, is able to effectively respond to changes in housing demand.
In the recent past, governments have made some small progress in addressing these concerns, but there is a long way to go if we are to fix supply-side rigidities that bedevil the nation’s housing and residential building markets.
Peter Jones is chief economist for <a target="_blank" href="https://www.masterbuilders.com.au/">Master Builders Australia.</a>
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A multi-faceted approach needed to fix new housing sector

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Melbourne-based home-building group Metricon Homes was Australia’s largest builder for the second year in a row, according to the HIA housing 100 report.
The big mover was Hotondo Homes, which jumped from position 20 to position eight on the list, with its number of home build starts increasing from 879 in the 2010-11 financial year to 1,463 in the 2011-12 financial year.
Metricon Homes started construction of 2,821 dwellings in the last financial year, all of which were detached houses in Victoria, NSW, Queensland or South Australia.
The company was followed by Alcock/Brown-Neaves Group, starting construction on 2,736 dwellings in WA and Victoria.
In third place was WA builder BGC Australia, which started 2,692 homes.
Australia’s largest multi-unit builder was Hickory Developments Pty Ltd for the third year running, with 2,163 starts. In overall rankings it moved up one place to number four.
The HIA report ranks the nation’s top 100 residential builders based on the number of homes started each year.
The report found the total number of starts by the top 100 builders fell by 7.3% to 48,130 their lowest level in 15 years.
“This result is consistent with the overall experience of the industry in 2011-12 where new home building conditions weakened considerably across Australia,” says HIA’s Dr Harley Dale.
The number of houses built by the largest 100 builders fell 11% from 40,138 to 35,909. The number of units built grew 4% from 11,720 to 12,221.
The largest 100 builders represented 35% of Australia’s housing starts in the 2011-12 financial year, up slightly from 33% in 2010-11, but below the historical average of 36%.
“The Housing 100 and the entire industry can deliver, and indeed Australia's residents have the requirement for, a considerably higher level of housing starts than has been evident over the last couple of years,” says Dale.
“Within an environment of subdued demand conditions, both unilateral and cooperative policy reform could generate a much healthier year for new home building in 2012-13.
"Sadly, evidence of the will to execute such policy action remains far slimmer than Australia requires,” Dale says.
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Metricon Australia's largest home builder for second year running: HIA

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Last week Property Bloom was offered a few development application and construction certificate approved dual-occupancy sites. They are in a town where dual occupancy sites are extremely hard to find right now. This town’s median price has been growing steadily as a result of investor activity increasing over the past 24 months as people are attracted to the high rents being achieved due to an undersupply of housing.
If there is a two-speed economy, this Hunter town is in the top speed category.
As I spoke to the builder offering me these sites (off market), I was running the figures in my spreadsheet.  The builder had a set price for the land and the building costs.  I jotted down the costs for the three sites, and then went to work comparing them with other dual-occupancy developments we had recently completed in the town.
Usually Property Bloom’s first aim is to achieve a high level of equity from a development for our clients. Then we look at the yield and strive for 7.5% for a dual occupancy, higher on other types of development.  Dual occupancy means building two dwellings on one lot.  We can usually achieve a good amount of equity by sourcing the land and building two villas. The villas can be attached and therefore part of a duplex or they can be freestanding.  A dual-occupancy project may typically take 12-18 months to complete (usually depending on the council processing time).
Looking at the expected equity outcome on these sites we could see it was a little low. But the real advantage in these deals was time and money; the fact that we could start building immediately and the price was fixed.
There would be no contingency required, and the builder is essentially taking up all the risk. Even hitting rock was including in the fixed, turnkey price.  Turnkey means that all landscaping, driveways, letterboxes, clotheslines, etc, is included, so you can turn the key and move in.
The other important factor was that the costs for the development application and construction certificate were included, even subdivision was included.  So all fees and charges had been paid for. I estimated there was at least $15,000 in this.  We could start building immediately.
The icing on the cake was in the terms. This builder was structuring the drawdown schedule for us so that only 10% of the build cost was paid by the time the slabs were laid and 90% on completion.
This is where my clients could save some serious holding costs.
Normally there would be five draw downs during the building works, typically at slab 20%, frames and trusses 20%, brickwork and roof 25%, interior linings/mould out 25% and completion 10%.  With 90% of the cost being paid on completion, clients will save thousands of dollars in holding costs.
If we only looked at how much equity we can create from a development, we would have passed on these opportunities, but when we look at the other valuable advantages of getting into this market quickly, high depreciation benefits, high yields and low risk then these development opportunities are attractive.
A development you can turn over quickly will allow you to move onto the next one.
Jo Chivers is director of <a href="https://www.propertybloom.com.au/">Property Bloom</a>, which manages property development.</body></html>

Saving time is saving money in property development

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Television’s architecture darling Kevin McCloud is doing the interview circuit here in Australia to promote his upcoming appearance at Melbourne’s Grand Designs Live running this weekend (September 21-23), but he hasn’t tweeted since April 19.
<a href="https://www.propertyobserver.com.au/https://twitter.com/Kevin_McCloud/status/193246510379573248" target="_blank"><img src="/images/stories/2012/09/mccloudtweet.jpg"></a>
He had been active over late 2010 and 2011 but somewhere along the interest his interest in the social media platform waned.
He joined in October 2010, “partly under duress”, as someone was impersonating him.
Grand Designs Live is billed as a “home show like no other”. The expo is running in Sydney and Melbourne, but McCloud will only be appearing in Melbourne.
The live show has been running an active Twitter account with a strong emphasis on Kevin McCloud.
<a href="https://twitter.com/GDLive_Aus" target="_blank"><img src="/images/stories/2012/09/grandtweet.jpg"></a>
He will be speaking alongside Peter Maddison, an Australian architect, who will be hosting the Australian remake of McCloud’s popular home-building television show Grand Designs.
Staff at North Melbourne cafe Twenty&amp;Six Espresso were gushing when McCloud visited their establishment.
<a href="https://twitter.com/TwentyandSix" target="_blank"><img src="/images/stories/2012/09/twentysixtweet.jpg"></a>
Peter Maddison hasn’t tweeted since June  having run his account primarily to spruik the local TV show. He tweeted 48 times between October 2010 and June this year.
<a href="https://twitter.com/P_Maddison_GDA" target="_blank"><img src="/images/stories/2012/09/madisontweet.jpg"></a>
 
The Lifestyle Channel has been posting sneak peak previews for its upcoming October season of Grand Designs, which will include <a href="https://www.youtube.com/watch?v=e3I9fIGIMl4&amp;feature=youtu.be&amp;noredirect=1" target="_blank">Mansfield</a> and <a href="https://www.youtube.com/watch?v=3HQALjVSQCs&amp;noredirect=1" target="_blank">Balnarring</a>.
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Kevin McCloud and the world of Twitter: Tweet of the day

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Veteran estate agent John McGrath has joined Twitter.
His 28th tweet caught Property Observer’s attention – McGrath commenting on a kitchen with bright white cupboards contrasting with the yellow splashback tiles. And the great yellow kickbacks too, he added.
He’s subsequently posted ?the must read: 10 Ways to Warm up Your Home for Selling.
<a target="_blank" href="https://twitter.com/johnmcgrath100"><img src="/images/stories/2012/09/mcgtweet.jpg"></a>
<a target="_blank" href="https://www.facebook.com/photo.php?pid=1484373&amp;l=245dc4d589&amp;id=265665123466132"><img width="470" src="/images/stories/2012/09/yellowkitchen.jpg"></a>
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