One of Brisbane's last major riverfront redevelopment opportunities has taken a significant step forward, with Lendlease selected as the Queensland Government's preferred development partner for the former Visy site in South Brisbane.

The seven-hectare industrial site, positioned between South Bank and West End and 1.3 kilometres from the Brisbane CBD, will be transformed into a mixed-use precinct expected to deliver more than 4,000 new homes alongside extensive public open space and riverfront parkland.

The project is one of the largest urban renewal opportunities currently planned in Brisbane and is expected to play a key role in accommodating the city's growing population ahead of the 2032 Olympic and Paralympic Games.

Plans for the precinct include a network of riverfront promenades and boardwalks, new public plazas, parkland, amphitheatre-style gathering spaces and shared pedestrian and cycling links designed to reconnect the long-isolated site with the Brisbane River.

The Queensland Government is targeting delivery of the first homes and key public spaces before the 2032 Games, allowing the precinct to begin contributing new housing and public amenity well before the broader masterplan is complete.

The redevelopment is also expected to support more than 3,000 jobs across planning, construction and ongoing operations.

For Lendlease, the appointment adds another major urban regeneration project to its Queensland portfolio. The developer has operated in the state for more than 70 years and has delivered a number of large-scale mixed-use precincts in partnership with government.

Lendlease Development CEO Claire Johnston said the project represented one of Brisbane's most significant redevelopment opportunities.

"The transformation of the former Visy site represents a rare opportunity to reimagine one of Brisbane's most significant riverfront locations, deliver thousands of much-needed homes, and create long-term legacy," Johnston said.

"In partnership with the Queensland Government, we have the opportunity to create a new riverside destination that will help shape Brisbane's growth and how people experience the city for decades to come.

"This is exactly the type of large-scale, city-shaping development that will provide lasting benefits for Queensland, bringing together housing, jobs and world-class public spaces."

Deputy Premier and Minister for State Development, Infrastructure and Planning Jarrod Bleijie said the riverfront transformation would deliver a thriving new community precinct.

“The Crisafulli Government is delivering this golden opportunity to unlock a riverfront jewel for all Queenslanders,” Deputy Premier Bleijie said.

“This is a once-in-a-generation moment to reshape a significant slice of Brisbane and deliver lasting benefits – thousands of new homes, and public spaces for all Queenslanders to enjoy well beyond the 2032 Olympic and Paralympic Games – unlike Labor’s plan which would have delivered zero benefits and zero new homes.

“Queensland is well and truly open for business and through partnership with the private sector, we are accelerating delivery while ensuring strong housing, community and economic outcomes."

Early works on the precinct are expected to commence in April 2027.

Joel Robinson

Lendlease selected to deliver transformative South Brisbane riverfront precinct

Eddy Haddad's <a href="https://www.apartments.com.au/developers/level-33">Level 33</a> is levelling up its approved Wollongong development, as the coastal city south of Sydney continues to prove popular in the high-density development space.

Level 33, a longtime developer in the Wollongong area, has gone through the NSW Government's Housing Delivery Authority to upsize its approved two-tower development on the corner of Crown Street and Gladstone Avenue, just 100 metres from Wollongong Station.

The developer currently has approval for 252 apartments across two buildings rising to 19 storeys. It is now seeking approval for 33 and 38-storey towers that would deliver 467 apartments, including 67 affordable homes.

Designed by <a href="https://www.apartments.com.au/architects/bka-architecture">BKA Architecture</a>, the development would comprise apartments above a three-level podium with around 1,100 sqm of retail space, along with basement parking for 448 vehicles.

According to the Urban Design Report by BKA, the proposal has the capacity to "reinforce the precinct's identity by strengthening links between health, education, and transport services, while also contributing to Wollongong's ongoing evolution as a key regional centre."

Wollongong is somewhat in vogue. Between Level 33 and Urban Property Group, the two developers have several thousand apartments planned across the city.

Level 33 is currently delivering Easterly Wollongong, one of its most boutique projects to date with just 21 high-end apartments, as well as Atchison &amp; Kenny, a 329-apartment development due for completion later this year.

The developer plans to redevelop the 13,088 sqm WIN Grand megasite into <a href="https://www.apartments.com.au/new-apartments/crown-square-216-238-keira-street-wollongong-nsw-2500">Crown Square</a>, a new $500 million precinct with nearly 600 apartments. It also has more than 900 apartments planned for the former Bunnings Warehouse site at the intersection of Gipps and Flinders streets.

Urban Property Group is also playing a major role in the city's transformation. Its five-tower Keira Place precinct will deliver more than 800 homes, and it has recently lodged plans for a further 300 apartments near Wollongong Station.

First look: Level 33 upsizes Wollongong apartment towers

Just a week after filing plans for the final stage of its major Keira Place masterplan, <a href="https://www.apartments.com.au/developers/urban-property-group">Urban Property Group</a> has unveiled another significant housing proposal in Wollongong, this time targeting a prominent site opposite North Wollongong Station.

The developer has lodged a State Significant Development Application for a 38-storey mixed-use tower at <a href="https://www.apartments.com.au/new-apartments/4-4a-flinders-street-north-wollongong-nsw-2500">4-4A Flinders Street</a>, around one kilometre north of the <a href="https://www.apartments.com.au/new-apartments/keira-place-wollongong-120-122-smith-street-wollongong-nsw-2500">Keira Place precinct</a> currently taking shape on the edge of the CBD.

<img alt="First look: Urban Property Group plans 38-storey North Wollongong tower as Keira Place expansion gathers pace" data-entity-type="file" data-entity-uuid="2b6428f1-6405-4038-8476-897de440e90d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/flinders%20podium.png?VersionId=QLqEvK0OuCEwRC47oHNftrw2B1YqaHF8" />

Designed by Studio.SC, the proposal comprises a 38-storey mixed-use development containing 303 apartments, including 45 affordable housing units, alongside 174 co-living residences. The scheme also includes ground-floor retail space, extensive landscaping and public domain improvements.

Studio.SC noted in the proposal it "outlines a vision for a landmark transit-oriented mixed-use development centred around North Wollongong Station, designed to support the city’s future growth while responding to the NSW Government’s housing and planning reforms."

The architecture firm said the proposal responds to the opportunities and constraints shaping future growth within the 400-metre catchment of the station and represents "a coordinated and future-focused approach to urban intensification, contributing to the long-term evolution of North Wollongong as a connected, walkable and high-density station precinct."

The site occupies a strategic corner bounded by Flinders Street, Station Street, Stafford Street and the Princes Highway, directly opposite North Wollongong Station.

<img alt="First look: Urban Property Group plans 38-storey North Wollongong tower as Keira Place expansion gathers pace" data-entity-type="file" data-entity-uuid="7863adad-1f71-4022-b850-f44b252738fd" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/flinders%20podium%20a.png?VersionId=WsU7av0g8_8R2tGHWxgHeFSlhu7yeY1V" />

The proposal follows Urban Property Group's recent submission for the second and final stage of Keira Place, which would deliver a further three buildings comprising 657 homes opposite Beaton Park. It builds on the first stage, which features 150 apartments across two towers and recently commenced construction.

Urban Property Group CEO Patrick Elias said breaking ground on the first stage marked a significant milestone for Wollongong and reflected the developer's long-term commitment to regional cities.

"Today's groundbreaking is about turning approvals into homes and moving quickly to deliver much-needed housing in Wollongong's city centre," Elias said.

"Keira Place will provide a diverse mix of homes close to jobs, transport and services, while setting a high benchmark for quality, durability and consumer protection."

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/urban-property-group-unveils-trio-of-towers-for-next-stage-of-new-wollongong-precinct-keira-place">Urban Property Group unveils trio of towers for next stage of new Wollongong precinct, Keira Place</a>

First look: Urban Property Group plans next major Wollongong tower

<a href="https://www.apartments.com.au/developers/arada">Arada</a> has wasted little time expanding its ambitions in Campsie, lodging plans for a second major project in the rapidly transforming town centre just months after unveiling its three-tower One Campsie proposal on Beamish Street.

The UAE-backed developer has now taken aim at one of the suburb’s most strategically positioned sites, filing a State Significant Development Application for a <a href="https://www.apartments.com.au/new-apartments/10-north-parade-campsie-nsw-2194">33-storey mixed-use tower</a> at 10 London Street and 43 North Parade, directly opposite the future Campsie Metro Station. The proposal is currently on public exhibition and represents another significant vote of confidence in Campsie's emergence as one of Sydney’s key transit-oriented growth centres.

Designed by <a href="https://www.apartments.com.au/architects/woods-bagot">Woods Bagot</a>, the development would deliver 156 apartments above a podium containing retail and commercial space, creating a new residential and commercial gateway to the town centre. The scheme also includes a four-level above-ground parking podium and a dedicated residential amenity floor featuring wellness and recreation facilities. At least 10 per cent of the apartments would be allocated as affordable housing for a period of 10 years.

The proposal occupies a 1,631 sqm site bounded by London Street, North Parade and Dispensary Lane, immediately adjoining the future Metro station precinct and just metres from Beamish Street’s retail and dining strip. According to the Urban Design Report, the project seeks to deliver "a great place that prioritises human-scaled experience and provides spatial improvements to the area."

<img alt="First look: Arada doubles down in Campsie with 33-storey Metro-front tower plans" data-entity-type="file" data-entity-uuid="175a8324-015b-4856-abe3-ce6f23199fa7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/podium%20campsie.png?VersionId=742UGwXFhFBX4GEl6wX4PYIWREAgn6il" />

Woods Bagot describes the tower as a key marker within Campsie's next phase of growth.

"Located directly opposite the new Campsie Metro Station on North Parade, 10 London Street is a thoughtfully composed 33-storey mixed-use tower that contributes to the ongoing transformation of the town centre," the Architectural Design Report states. The report says the project is intended to provide "high-quality homes within a vibrant, connected urban environment, while helping define Campsie's future skyline."

A strong emphasis has been placed on the public realm. The ground floor incorporates over 500 sqm of retail space and active frontages along both London Street and North Parade, while the podium is wrapped by extensive landscaped planting intended to soften the building's scale and strengthen the pedestrian experience. The development would also widen surrounding footpaths and improve connections between the Metro station and the broader town centre.

Above the podium, residents would have access to more than 1,400 sqm of communal amenities, including a pool, gym and landscaped recreation spaces. A distinctive green-wall treatment extending across four podium levels forms a major architectural feature, helping differentiate the project within the emerging high-density precinct.

The tower's design is closely tied to the broader Campsie Town Centre Master Plan and the arrival of Sydney Metro. The Urban Design Report notes the proposal "directly supports the Campsie Town Centre Master Plan by delivering new homes in a location explicitly identified for growth, improved accessibility, and high-quality urban renewal." It adds that the project contributes to the master plan's vision for a strengthened town centre supported by thousands of new homes around the future Metro station.

<img alt="First look: Arada doubles down in Campsie with 33-storey Metro-front tower plans" data-entity-type="file" data-entity-uuid="bfd17654-253e-489a-bade-6278d63db412" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/base%20campsie.png?VersionId=3roJPMQGs36dazpkhvpvbDDP73Ld.Ica" />

The application follows Arada's recently lodged One Campsie project at 124–142 Beamish Street and 16–18 Ninth Avenue, where the developer is seeking approval for 346 apartments across three towers rising 24, 32 and 39 storeys. Together, the two proposals would cement Arada as one of the most influential developers shaping Campsie's future urban form.

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/first-look-arada-files-for-trio-of-apartment-towers-in-campsie-town-centre">First Look: Arada files for trio of apartment towers in Campsie town centre</a>

Arada entered the Australian market in 2024 and has rapidly assembled a significant development pipeline across Sydney. Alongside its Campsie holdings, the developer is soon to launch <a href="https://www.apartments.com.au/new-apartments/wattle-green-2-fishburn-crescent-castle-hill-nsw-2154">Wattle Green</a> in Castle Hill, and has expanded its local operations following its acquisition of construction firm Roberts &amp; Co.

Located around 14 kilometres south-west of the Sydney CBD, the site sits at the centre of one of Sydney's fastest-changing middle-ring precincts. The Metro conversion of Campsie Station, combined with Canterbury-Bankstown Council's master planning framework, is driving significant residential intensification around Beamish Street and North Parade, with thousands of new homes expected over coming decades.

First look: Arada doubles down in Campsie with 33-storey Metro-front tower plans

For the first time in a long time, Australia's inflation story is starting to look more like a landing than a fight.

The latest Consumer Price Index figures from the Australian Bureau of Statistics showed annual inflation eased to four per cent in May, down from 4.2 per cent in April. On the surface, that might not seem like a major move. Inflation remains above the Reserve Bank's target range and some categories continue to record stubborn price growth.

But the significance of this result lies less in where inflation sits today and more in what it means for where interest rates are likely heading next.

The biggest takeaway is that inflation continues to move in the right direction.

Markets had been bracing for another sticky result after a period where progress appeared to stall. Instead, headline inflation came in softer than expected, helped by falling fuel prices and easing transport costs. Annual transport inflation halved from 6.6 per cent in April to 3.3 per cent in May, while automotive fuel prices fell 11.9 per cent during the month following lower oil prices and the impact of reduced fuel excise measures.

While petrol prices don't solve Australia's affordability challenges, they are one of the most visible and immediate costs for consumers. Falling fuel costs feed through the economy quickly, helping ease pressure on household budgets and business operating expenses.

The ABS data also showed headline inflation is now sitting at its lowest annual level in several months, reinforcing the broader trend that price growth is gradually moderating.

That trend is important because it aligns with what many economists and lenders have been saying for the last month.

Prior to this week's inflation data, ANZ, NAB and Commonwealth Bank had all shifted their forecasts, now believing the Reserve Bank had likely reached the peak of the interest rate cycle. Following the May inflation release, ANZ reaffirmed that view.

In its latest economic update, ANZ said it expects quarterly trimmed mean inflation to come in at 3.7 per cent for the June quarter, slightly below the Reserve Bank's forecast of 3.8 per cent. Importantly, the bank said that outcome, when combined with slowing economic activity, "supports our view that the cash rate has peaked".

The Reserve Bank has spent the better part of three years attempting to bring inflation under control through higher interest rates. If Australia's major banks are correct and rates have now peaked, the conversation shifts from how much higher rates could go to when they might begin coming down.

Westpac's caution comes from underlying inflation. The trimmed mean, the measure most closely watched by the Reserve Bank, increased from 3.4 per cent to 3.6 per cent annually. Housing inflation remains elevated at 6.5 per cent, reflecting ongoing increases in rents, electricity costs and new dwelling construction.

Electricity prices remain particularly problematic, rising 21.1 per cent over the past year following the removal of government rebates.

Housing construction costs are also showing signs of renewed pressure. ANZ noted new dwelling costs rose 0.9 per cent in May and are now running at an annualised pace of 8.6 per cent over the past three months. Builders continue to face higher labour, fuel and material costs, a reminder that inflationary pressures have not completely disappeared.

Housing affordability has deteriorated largely because of higher interest rates rather than higher property prices alone. Even modest reductions in mortgage rates would improve borrowing capacity, increase buyer confidence and reduce repayment pressure on existing homeowners.

While August is far from a certainty, the latest inflation result has strengthened the view that the next move in rates is more likely to be down than up. For borrowers, buyers and the development sector, that alone represents a significant shift from the conversation that dominated much of the past two years.

The inflation result the property market was waiting for

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?

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Tasmania's Appin Hall, a respite centre for children, has been listed for sale by former Australian rock singer Ronnie Burns and wife Maggie.
They are planning to move the Errima-based charity to Victoria after the decision was made for a 60-metre NBN tower to be built nearby.
"In the not too distant future the foundation will be working in reverse, flying Tassie families and youth camps to Victoria for holidays," he said.
Ronnie and Maggie paid <a href="https://www.realestate.com.au/property-house-tas-erriba-121424062" target="_blank">$155,000 for the property</a> in 1998 and have invited families from the mainland for respite and time out from the pressures of children with illness.
Set on 13.3 hectares, the French provincial style, self-sustainable village has been listed through Jo Eady at One Agency Launceston.
In 2013 Ronnie was awarded a Member of the Order of Australia for his significant service to the community, particularly to children recovering from illness and trauma, and the entertainment industry.
This article was first published in the Weekend Australian Mansion Australia property section.
 
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j.ballantyne1990-6AQqhLzZaK

Ronnie Burns lists Tasmania's Appin Hall

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BridgeLane launched their residential Surry Hills warehouse development, Hutch &amp; Hutch with a strong result selling 14 out of 18 apartments on the long weekend Saturday morning. 
CBRE agent Tim Rees advised 13 buyers were owner occupiers from within a three km radius of Hutch &amp; Hutch.
"The majority of our purchasers today came from the inner city, with some moving from the eastern suburbs.
"We found a handful of buyers were downsizers looking to move closer to the city for a different lifestyle."
Designed by SJB, Hutch &amp; Hutch comprises luxury, 1, 2 and 3 bedroom warehouse residences as well as 12m wide penthouse apartments.  Construction is due to commence early 2017.
The prices are:
1 bedrooms from $900,000 
2 bedrooms from $1,125,000 
3 bedrooms from $2,450,000  
The display suite is at 26-34 Hutchinson Street. For more information, <a href="https://hutchandhutch.com.au/" target="_blank">click here</a>
 
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jchancellor-FAypfDUnLy

Hutch & Hutch sees 14 apartments sell on long weekend Saturday launch

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Dear Prime Minister,

I note that your government is keen to get the concept of 'City Deals' up and running in Australia, with the recent focus on Western Sydney, the Emerald City's second airport and associated infrastructure.  

I would like to draw your attention toward the ongoing planning work underway in Victoria; the redevelopment Fishermans Bend as well as the large-scale upgrades to Melbourne's rail network.

Our state government <a href="http://haveyoursay.delwp.vic.gov.au/fishermans-bend-final-vision">released the Fishermans Bend vision</a> after several rounds of consultation and key amongst its priorities is getting the transport hierarchy right.  With walking at the top and private vehicles at the bottom, it's bound to upset a few tabloid columnists &amp; talkback radio presenters, but this is Melbourne: we don't give them as much cred as the Sydney media bubble does.

As I understand it, the basic premise of a City Deal is for the community, represented by the government, to get a positive return on investment on the money the government provides to build new or upgrade existing infrastructure - be it in transport, health, education or social spheres.

Well, Fishermans Bend linked to the rest of Melbourne through an underground train line - let's call it 'Metro 2' for the moment (and 'Metro 1' is the current Melbourne Metro Rail project that kicked off early works construction last month) - is, if you'll excuse the parochialisms, the country's largest urban renewal precinct that will pay out (pay back?) for decades to come.

In fact, we need to widen the scope of where the benefits will be derived from the investment made into a second cross-town rail line in Melbourne.

Both the South Morang (soon-to-be Mernda) and Werribee Rail lines would join - much like the Pakenham/Cranbourne and Sunbury lines will join with Metro 1 - and become operationally independent rail lines capable of a frequency of service and therefore carrying capacity that will would tinkle on any freeway business case from a very great height.

While the South Morang &amp; Werribee lines would still function as a commuter pathway into central Melbourne - of which, Fishermans Bend will make Australia's metropole even more marvellously grand - I'd like to draw your attention to other mooted projects outside central Melbourne.

<a href="http://australianeducationcity.com/">Australian Education City</a> will be located right next to the Werribee Rail line and the Victorian Planning Authority is currently devising a plan for the <a href="http://vpa.vic.gov.au/project/la-trobe-employment-cluster/">La Trobe National Employment cluster</a>. The South Morang Rail line will not directly service the La Trobe National Employment Cluster, however that's not to say something can't be worked out when Infrastructure Victoria refreshes its state infrastructure plan.

The point is, Prime Minister, Metro 2 has the potential to fulfil its current commuter obligations, guide development in Fishermans Bend and most importantly supercharge &amp; spread the benefits of development of employment, R&amp;D and new housing clusters beyond central Melbourne.  All on one train line.

The traditionalist view of the great Australian dream of owning a home [in a suburb with 3-4 cars in the driveway] needs a refresh and a city deal for Fishermans Bend could be the way forward for Melbourne; the city that is one equal half in the symbiotic Melbourne-Sydney "front bench of parliament" relationship in the Australian federation.

Our planning scheme is starting to facilitate innovation and entrepreneurialism when it comes to development of land - just look at the <a href="http://www.theage.com.au/victoria/apartments-planned-for-brunswick-third-project-in-green-nightingale-series-20160926-grorj2">Nightingale series of developments</a>. That's not to say the Victorian Planning scheme (or strategic direction) is perfect - as the Nightingale architects will tell you, they're still confronted with bygone-era car parking requirements.

Similarly, Spring Street planning policy to date has been focused on curbing the excesses of the previous state government's hands-off approach (the Fishermans Bend vision is a prime example of this) and we're still waiting for a meaningful affordable housing policy with proper mechanisms in place to ensure housing choice for urbanists isn't linked with specific income brackets.

Nevertheless, we're hoping a direction on market affordable and social housing policy will come soon and the Victorian Urban Industry - architects, marketers, planners, engineers, real estate agents, surveyors, academics, financiers and developers to name but a few individual urban industry professions - is diverse, growing and hungry for more work.  

Commitment to a 'City Deal' in Fishermans Bend with a Federal Government focus on helping to finance Metro 2 and associated level crossing removals on the existing rail lines that will be joined would be the gold-standard level of assurance the Victorian Urban Industry needs to get on with its job.

Yours,

- passionate Melburnists everywhere. 
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Alastair Taylor

Dear Malcolm, let's talk about a city deal for Fishermans Bend

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There were 2,480 capital city auctions over the week ending September 25, with CoreLogic collecting results for 2,250 (almost 91%) of these auctions.
The final clearance rate was recorded at 75.4%, which was lower than the 76.2% across 2,149 auctions the previous week.
<a href="/images/2016/09/29/Capital%20city%20auction%20clearance%20rates.jpg" target="_blank">Click to enlarge</a>
<img src="/images/2016/09/29/Capital%20city%20auction%20clearance%20rates.jpg" alt="">
Last week in Melbourne, there were 1,103 auctions compared to 965 auctions the previous week. Last week’s auction clearance rate was recorded at 77.2% which was slightly lower than the 77.8% the previous week. In Sydney, the auction clearance rate was recorded at 80.4% last week, which was lower than the 81.6% recorded over the previous week.
Sydney recorded a higher number of auctions last week (945) compared to the previous week (815). In Melbourne, auction clearance rates have now been above 75% for seven consecutive weeks. In Sydney, auction clearance rates have been above 80% for four consecutive weeks and for five of the past six weeks.
<a href="/images/2016/09/29/Number%20of%20homes%20for%20sale.jpg" target="_blank">Click to enlarge</a>
<img src="/images/2016/09/29/Number%20of%20homes%20for%20sale.jpg" alt="">
There were 45,675 newly advertised properties added to the market nationally over the past 28 days, which was -0.4% lower than at the same time a year ago. Meanwhile, there were 233,315 total properties advertised for sale over the same period – some -0.3% lower than a year ago.
Across the combined capital cities, there were 27,443 newly advertised listings over the past 28 days, -3.1% lower than a year ago. There were 104,439 total listings, which was 5.3% higher than a year ago. Newly advertised listings are currently lower than a year ago in Sydney (-18.3%), Melbourne (-2.3%) and Adelaide with new listings higher elsewhere.
In terms of total properties advertised for sale, supply is lower than a year ago in Sydney (-2.7%), Hobart (-25.7%) and Canberra (-8.2%).
Despite the fact that new and total listings are slightly lower year on year, both are continuing to trend higher, indicating that stock levels are slowly rising.
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Property listings still low, but stock levels on the rise: CoreLogic

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There are far fewer auctions scheduled across the capital cities this coming weekend, with the NRL and AFL grand finals both scheduled to take place, as well as a number of long weekends, according to CoreLogic's latest market report.
The sharpest fall away in auction volumes is in Melbourne, where, after hosting 1,103 auctions last week, only 74 are currently being tracked.
In Sydney, the fall away is less drastic, with 420 auctions scheduled, compared to 946 last week.
The AFL Grand Final is scheduled for Saturday afternoon in Melbourne, with Victorians enjoying a public holiday on the Friday, while the NRL Grand Final will take place in Sydney on Sunday evening.
Outside of Sydney and Melbourne, auction activity is lower on a week-on-week basis in all other cities. Brisbane is the only city that isn’t showing a major fall in auction activity, down from 144 last week to 104 this week.
Capital city auctions this week:
<ul>
<li>Sydney: 420 
</li>
<li>Melbourne: 74 
</li>
<li>Brisbane: 104 
</li>
<li>Adelaide: 37 
</li>
<li>Perth: 13 
</li>
<li>Canberra: 34</li>
</ul>
Given Melbourne’s auction market is much quieter this week, it is no surprise that the busiest suburbs across the nation for auctions are in Sydney, with Randwick (11) and Mosman (10) topping the list. The busiest suburb for auctions in Victoria this week is Warrnambool, with 9 scheduled.
<a href="/images/2016/09/29/Weekly%20clearance%20rate%20combined%20capital%20cities.jpg" target="_blank">Click to enlarge</a>
<img src="/images/2016/09/29/Weekly%20clearance%20rate%20combined%20capital%20cities.jpg" alt="">
Summary of last week’s results:
Last week, just over three quarters of all reported auctions were sold (75.4%), representing a slight fall in clearance rates over the week, down from 76.2% the previous week. Auction volumes were up over the week, with 2,480 capital city auctions held.
For the fourth consecutive week, Sydney’s final clearance rate remained above the 80% mark, reported at 80.4%, falling slightly from 81.6% over the previous week.
Despite the rise in auction activity, with 1,103 auctions held across the city, Melbourne’s clearance rate remained stable over the week, at 77.2%.
<a href="/images/2016/09/29/Capital%20city%20auction%20statistics%20final.jpg" target="_blank">Click to enlarge</a>
<img src="/images/2016/09/29/Capital%20city%20auction%20statistics%20final.jpg" alt="">
Outside of the two major auction markets, Adelaide was the strongest performer, with 78.2% of the 119 reported auctions clearing, followed by Canberra at 68.4%.
New South Wales’ Hunter region and Queensland’s Gold Coast both saw a weekly rise in both clearance rates and auction activity last week, while in each of the other three regional markets that CoreLogic monitors, clearance rates were lower over the week.
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Grand Final weekend sees auction volume dip: CoreLogic

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Developer Fridcorp will deliver a visionary masterplan to Hurstville with its $700 million BEYOND project, creating a new precinct for the area where sculptural towers will rise above a vibrant retail plaza.
Designed by architecture firm DKO Architecture with interiors by Woods Bagot and landscaping by Openwork, BEYOND will form a mini-urban village in the lively and evolving suburb of Hurstville. Located at 93 Forest Road, BEYOND will comprise a mix of 556 one, two and three bedroom apartments across four sculptural buildings that vary from eight to twenty levels across the 13,927 square metre site.
One bedroom apartments range from 50 to 61 square metres and are priced from $565,000 - $825,000. Two bedroom apartments range from 75 to 92 square metres and are priced from $840,000 to $1,140,000. Three bedrooms range from 95 to 107 square metres and are priced from $1,225,000 to $1,675,000. All floor plan square metre ranges exclude balconies.
BEYOND will provide residents and the local community with a 5,000 square metre landscaped retail plaza that will create a sense of place, as well as a connection to the neighbouring Kempt Field Park via walkways lined with lush plantings. The new retail plaza, which will be a contemporary interpretation on an urban laneway, will link the existing retail plaza to steps that lead down to Kempt Field, creating direct access to the Allawah train station.
<img src="/images/2016/09/27/image003.jpg" alt="">
Anchored by a 3,500 square metre Woolworths supermarket, the BEYOND retail precinct will comprise a further 1,000 square metres of specialty retail, cafes and restaurants, welcoming activity from dawn til dusk.
“Fridcorp is excited to offer buyers thoughtfully designed apartments with immediate access to incredible amenity, which will help drive the evolution of Hurstville,” says Paul Fridman, founder and director of Fridcorp. “The success of our Eve project in Erskineville demonstrated that there is an appetite for our quality designed product in Sydney that appeals to a sophisticated audience.”
DKO has designed the buildings with soft curves to create a beautiful sculptural element for the Hurstville skyline. Façades consist of precast bronze glazing and metal cladding with filigreed balustrades lining balconies. Textural brickwork at the base of the two lower buildings draws from the site’s history as a quarry.
“BEYOND will bring a fresh and sophisticated urban precinct to Hurstville,” says Nicholas Byrne, director at DKO Architecture and the project’s lead architect. “It will also provide apartments with high amenity that respond to the site’s opportunities, such as light-filled interiors and spectacular north-eastern views toward Sydney’s CBD, southern views toward Botany Bay, and eastern views toward Kempt Field.”
Featuring resident-only communal areas on the second level on two of the buildings, BEYOND offers more than 4,000 square metres of recreational space that includes facilities for yoga, badminton and reading pods, as well as barbeque and dining areas.
<img src="/images/2016/09/27/image005.jpg" alt="">
Woods Bagot has designed BEYOND’s apartment interiors with wide frontages and full-height glazing, providing residents with expansive views, as well as open plan living, dining and kitchen areas catering to the relaxed Sydney lifestyle.
“These apartments give buyers the opportunity to live in a considered, designed space with thoughtful and elegant interiors and great views,” says Jacqui Senior, senior interior designer at Woods Bagot. “The potential for the area is enormous and BEYOND will definitely be a one-of-a-kind place for Hurstville.”
The inspiration for the interior design was gold and navy. Whilst navy is a traditional palette it has been interpreted in a contemporary way, with white walls and custom navy joinery embellished with brushed brass fittings throughout apartments for the dark colour scheme. A light colour scheme of pale grey and white is also available.
<img src="/images/2016/09/27/image004.jpg" alt="">
All apartments feature lime-washed timber floors and pale grey carpet. A custom television cabinet is available as an additional joinery option, offering extra storage while maintaining a coherent look.
The kitchens feature Smeg appliances and gas stove tops with buyers able to select from three different benchtops materials: composite stone, white marble and a grey marble with contrast veining, which curve up the wall, forming the splashback.
Meticulous details and refined materials define BEYOND’s understated and elegant bathrooms. Large format tiles will line the floors and walls and mosaic feature tiles in either navy or pale grey will compose the feature vanity wall. The bathrooms are appointed with custom oval sinks, brushed gold finish tapware and elegant curved edge mirrored cabinets.
<img src="/images/2016/09/27/image006.jpg" alt="">
A truly connected suburb, BEYOND residents will benefit from Hurstville’s close proximity to Sydney’s CBD which is only twenty minutes by train. Sydney’s T4 Line runs to Hurstville with both the Hurstville and Allawah stops within walking distance of BEYOND. Westfield Hurstville, as well as a myriad of shops, restaurants, schools and recreation facilities, are all on offer in the vibrant community of Hurstville.
BEYOND will have 600 resident car parks, 80 visitor parking spaces and 200 retail parking spaces.
Fridcorp opens its BEYOND display suite and will accept registrations of interest from 1 October 2016, with the project officially launching on 22 October. Construction is expected to commence in August 2017 and is due for completion in July 2019.
Fridcorp has approximately $1.5 billion of apartments under development, with further projects including Brisbane, South Yarra and North Melbourne in progress, which will introduce an additional 1,700 apartments to the Australian market this year. Fridcorp’s first Sydney-based project Eve in Erskineville sold $100 million in stock within two hours of launching in May 2014.
For more information, <a href="https://beyondbyfridcorp.com.au/" target="_blank">click here</a>.
<img src="/images/2016/09/27/image007.png" alt="">
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Fridcorp launches BEYOND, a new urban village in Hurstville

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SPONSORED POST 
A former car yard has been transformed into a thriving residential hub following the completed construction of a $270-million master-planned community at Hurstville.
Australian hotelier and developer TOGA has completed construction at Highpoint Hurstville; a three-tower 448-apartment development located at the highest topographic point in Hurstville City.
<img src="/images/2016/09/28/Screen%20Shot%202016-09-28%20at%204.11.27%20PM.png" alt="">
More than 800 residents now occupy the Stanisic Architects-designed development.
TOGA Development and Construction Chief Executive Officer Fabrizio Perilli said Highpoint Hurstville delivered high-quality and convenient living to one of Sydney’s most central locations.  
“Highpoint Hurstville is centrally located to access both the CBD and the airport with an abundance of direct transport links, shopping amenities and educational facilities,” Mr Perilli said.  
“What was once a well-known car yard has been transformed into high-quality inclusive living with every imaginable convenience at the doorstep of residents,” he said.   
“The result is a vibrant built environment aligned with TOGA’s strategy to improve the quality of housing in high-growth locations across Sydney,” Mr Perilli added.
Set on over 8000sqm, Highpoint Hurstville features extensive outdoor leisure areas including landscaped gardens at ground-level and a 200sqm rooftop garden furnished with sheltered seating.
<img src="/images/2016/09/28/highpoint1.jpg" alt="">
TOGA General Manager of Sales, Marketing and Property Management Alex Adams said to sell-out hundreds of apartments shortly after construction commenced was an impressive milestone.
“Highpoint Hurstville has been incredibly popular with buyers with all 448 apartments selling out immediately after construction commenced,” Mr Adams said.
“The site’s unique elevation, spectacular views and excellent location all come together to create an exceptional standard of living,” he said.
Many apartments at Highpoint Hurstville boast spectacular views to the Sydney CBD, George’s River and surrounds; captured by floor-to-ceiling glazing and alfresco terraces.
“We are thrilled to see our vision for Highpoint Hurstville translate into the gateway precinct it is today,” Mr Adams added.
Located in Hurstville’s city centre, Highpoint Hurstville is located 16 kilometres from the Sydney CBD and 800 metres from Hurstville Station; at 458 Forest Road.
Residents are within walking distance to nearby Hurstville Westfield, the railway station as well as the pedestrian strip shopping dotted along Forest Road.
Highpoint Hurstville is anchored by four retail shopfronts at street level and replaces the former Dominelli Ford car yard site.
Construction at Highpoint Hurstville commenced in February 2014 and was completed in July this year.
The completion adds to the developer’s year of success after TOGA sold more than 80 per cent of apartments in its 192-residence tower One Twenty Macquarie at the one-day sales launch in March this year.
Visit: <a href="https://www.toga.com.au/" target="_blank">www.toga.com.au</a> or phone 1300 008 642.
<img src="/images/2016/09/28/500_toga_logo.jpg" alt="" width="353" height="94"> 
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po-LsXgBTHBmX

TOGA completes high-quality Highpoint Hurstville masterplan

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The Melbourne metropolitan council regions with the highest proportion of loss making resales over the quarter were: the inner city Melbourne CBD (19.2%), Murrindindi (12.5%) and Stonnington (10.7%), according to the latest CoreLogic Pain and Gain report.
The regions with the highest proportion of loss-making resales at the same time in 2015 were Melbourne (20%), Stonnington (12%) and Moonee Valley (10.3%).
Over the year the median loss moved from $28,125 to $39,950 in the latest quarter.
Some 2.1% of all Melbourne houses and 9.3% of units resold at a loss over the June 2016 quarter, with the proportion of loss-making house and unit sale lower over the quarter.
<a href="/images/2016/09/28/pain%20and%20gain%20melbourne.jpg" target="_blank">Click to enlarge</a>
<img src="/images/2016/09/28/pain%20and%20gain%20melbourne.jpg" alt="" style="float: left;">
 
 
 
 
 
 
 
 
 
 
The Knox (1.0%), Frankston (1.1%) and Maroondah (1.4%) council areas recorded the lowest proportion of resales at a loss over the quarter.
The council regions with the highest proportion of profit making resales over the quarter was Knox on 99%.
<a href="/images/2016/09/28/melbourne%20pain%20and%20gain%20chart.jpg" target="_blank">Click to enlarge</a>
<img src="/images/2016/09/28/melbourne%20pain%20and%20gain%20chart.jpg" alt="" width="435" height="391">
Get the full report <a href="https://www.corelogic.com.au/news/file-download?id=56fe4d38-98f3-4f82-b763-e91283945def" target="_blank">here</a>
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Slight improvement, but around 19% of Melbourne CBD apartment sellers cop sale pain: CoreLogic

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Over the three months to June 2016, 2.9% of Canberra houses and 21.7% of units re-sold at a loss, according to the latest CoreLogic Pain and Gain report. 
The report compares the most recent sale price to the previous sale price in order to determine whether the property sold at a gross profit or gross loss.
<a href="/images/2016/09/28/pain%20and%20gain%20canberra.jpg" target="_blank">Click to enlarge</a>
<img src="/images/2016/09/28/pain%20and%20gain%20canberra.jpg" alt="">
The proportion of house resales at a loss increased over the quarter while the proportion of unit resales at a loss fell slightly.
<a href="/images/2016/09/28/canberra%20pain%20and%20gain%20chart.jpg" target="_blank">Click to enlarge</a>
<img src="/images/2016/09/28/canberra%20pain%20and%20gain%20chart.jpg" alt="">
Get the full report <a href="https://www.corelogic.com.au/news/file-download?id=56fe4d38-98f3-4f82-b763-e91283945def">here</a>
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Around 10% of Canberra property resales at a loss: CoreLogic

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Across Darwin over the three months to June 2016, 23.5% of houses and 25.9% of units resold at a loss, according to the latest CoreLogic Pain and Gain report. 
The report compares the most recent sale price to the previous sale price in order to determine whether the property sold at a gross profit or gross loss.
It found that over the three months to June, gross losses for resales of houses were, while for gross losses for units fell.
In total, 17.1% of homes resold at a loss.
<a href="/images/2016/09/28/pain%20and%20gain%20darwin.jpg" target="_blank">Click to enlarge</a>
<img src="/images/2016/09/28/pain%20and%20gain%20darwin.jpg" alt="">
Palmerston recorded the highest proportion of loss-making resales over the quarter (25.5%) followed by Darwin (24.1%) and Litchfield (21.7%).
<a href="/images/2016/09/28/darwin%20pain%20and%20gain%20chart.jpg" target="_blank">Click to enlarge</a>
<img src="/images/2016/09/28/darwin%20pain%20and%20gain%20chart.jpg" alt="">
Get the full report <a href="https://www.corelogic.com.au/news/file-download?id=56fe4d38-98f3-4f82-b763-e91283945def" target="_blank">here</a>.
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