<p>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.</p>

<p>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.</p>

<p>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.</p>

<p>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.</p>

<p>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.</p>

<p>The redevelopment is also expected to support more than 3,000 jobs across planning, construction and ongoing operations.</p>

<p>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.</p>

<p>Lendlease Development CEO Claire Johnston said the project represented one of Brisbane's most significant redevelopment opportunities.</p>

<p>"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.</p>

<p>"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.</p>

<p>"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."</p>

<p>Deputy Premier and Minister for State Development, Infrastructure and Planning Jarrod Bleijie said the riverfront transformation would deliver a thriving new community precinct.</p>

<p>“The Crisafulli Government is delivering this golden opportunity to unlock a riverfront jewel for all Queenslanders,” Deputy Premier Bleijie said.</p>

<p>“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.</p>

<p>“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."</p>

<p>Early works on the precinct are expected to commence in April 2027.</p>


Joel Robinson

Lendlease selected to deliver transformative South Brisbane riverfront precinct

<p>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.</p>

<p>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.</p>

<p>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.</p>

<p>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.</p>

<p>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."</p>

<p>Wollongong is somewhat in vogue. Between Level 33 and Urban Property Group, the two developers have several thousand apartments planned across the city.</p>

<p>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.</p>

<p>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.</p>

<p>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.</p>


First look: Level 33 upsizes Wollongong apartment towers

<p>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.</p>

<p>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.</p>

<p><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" /></p>

<p>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.</p>

<p>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."</p>

<p>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."</p>

<p>The site occupies a strategic corner bounded by Flinders Street, Station Street, Stafford Street and the Princes Highway, directly opposite North Wollongong Station.</p>

<p><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" /></p>

<p>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.</p>

<p>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.</p>

<p>"Today's groundbreaking is about turning approvals into homes and moving quickly to deliver much-needed housing in Wollongong's city centre," Elias said.</p>

<p>"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."</p>

<p><strong><em>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></em></strong></p>


First look: Urban Property Group plans next major Wollongong tower

<p><a href="https://www.apartments.com.au/developers/arada">Arada Australia</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.</p>

<p>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.</p>

<p>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.</p>

<p>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."</p>

<p><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" /></p>

<p>Woods Bagot describes the tower as a key marker within Campsie's next phase of growth.</p>

<p>"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."</p>

<p>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.</p>

<p>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.</p>

<p>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.</p>

<p><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" /></p>

<p>The application follows Arada Australia'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 Australia as one of the most influential developers shaping Campsie's future urban form.</p>

<p><strong><em>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 Australia files for trio of apartment towers in Campsie town centre</a></em></strong></p>

<p>Arada Australia 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.</p>

<p>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.</p>


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

<p>For the first time in a long time, Australia's inflation story is starting to look more like a landing than a fight.</p>

<p>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.</p>

<p>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.</p>

<p>The biggest takeaway is that inflation continues to move in the right direction.</p>

<p>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.</p>

<p>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.</p>

<p>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.</p>

<p>That trend is important because it aligns with what many economists and lenders have been saying for the last month.</p>

<p>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.</p>

<p>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".</p>

<p>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.</p>

<p>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.</p>

<p>Electricity prices remain particularly problematic, rising 21.1 per cent over the past year following the removal of government rebates.</p>

<p>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.</p>

<p>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.</p>

<p>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.</p>


The inflation result the property market was waiting for

<p>Sydney’s property market is known for high prices, competitive bidding, and mounting pressure on first home buyers. But change is on the horizon.</p>

<p>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;</p>

<h2>What is the Help to Buy Scheme?</h2>

<p>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.</p>

<p>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).</p>

<p>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.</p>

<p>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.</p>

<p>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.</p>

<p>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.</p>

<h2>How do you qualify for the&nbsp;Help to Buy Scheme?</h2>

<p>To qualify for the Help to Buy Scheme, applicants must meet the following conditions:</p>

<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>

<p>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.</p>

<p>The scheme is expected to commence in NSW in late 2025, as part of a national rollout.</p>


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

<p>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.</p>

<p>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.</p>

<p>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.</p>

<p>Below, we provide a breakdown of the First Home Owner Grants available across Australia, outlining the specific details for each state and territory.</p>

<h2>New South Wales First Home Owner Grant</h2>

<p><strong data-end="252" data-start="225">First Home Owner Grant:</strong> 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.</p>

<p><strong data-end="413" data-start="389">Stamp Duty Benefits:</strong> Provides full stamp duty exemption for homes valued up to $800,000, with concessions available for properties up to $1 million.</p>

<h2>Victoria South Wales First Home Owner Grant</h2>

<p><strong>First Home Owner Grant:</strong> Provides a $10,000 grant for first-home buyers purchasing or building new homes valued up to $750,000.</p>

<p><strong>Stamp Duty Benefits</strong>: Offers full stamp duty exemption for properties up to $600,000, with concessions available up to $750,000.</p>

<h2>Queensland First Home Owner Grant</h2>

<p><strong data-end="920" data-start="893">First Home Owner Grant:</strong> 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.</p>

<p><strong data-end="1162" data-start="1135">Stamp Duty Concessions:</strong> Provides additional concessions for properties valued up to $800,000.</p>

<h2>Western Australia First Home Owner Grant</h2>

<p>&nbsp;</p>

<p><strong>First Home Owner Grant:</strong> 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.</p>

<p><strong>Stamp Duty Concessions:</strong> Available for homes valued up to $600,000 for transactions entered into on or after 9 May 2024.</p>

<h2>Australian Capital Territory First Home Owner Grant</h2>

<p><strong data-end="1617" data-start="1590">First Home Owner Grant:</strong> Replaced by the Home Buyer Concession Scheme, offering full stamp duty concessions for eligible buyers.</p>

<h2>South Australia First Home Owner Grant</h2>

<p><strong>First Home Owner Grant:</strong> 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.</p>

<p><strong>Stamp Duty Relief:</strong> Available for new homes and vacant land purchases.</p>

<h2>Tasmania First Home Owner Grant</h2>

<p><strong>First Home Owner Grant</strong>: Offers a $10,000 grant for new homes and off the plan purchases.</p>

<p><strong>Stamp Duty Exemption</strong>: 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.</p>

<h2>Northern Territory First Home Owner Grant</h2>

<p><strong>First Home Owner Grant:</strong> The Northern Territory provides a $10,000 grant for new homes only. Additional government grants and concessions are available for first home buyers.</p>

<p><strong>Stamp Duty Exemption</strong>: The only stamp duty exemption available to property buyers is the House and Land Package Exemption (HLPE).</p>

<p><em>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.</em></p>


Every First Home Owner Grant for new property by state

<p>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.</p>

<p>Australia has multiple building rating systems that evaluate energy efficiency and sustainability in existing and new building designs.</p>

<p>Some systems assess individual building components, while others provide an overall rating for the entire structure.</p>

<p>A rating system ensures that homes are comfortable and energy-efficient, whether you are buying, renovating, or building.</p>

<p>NatHERS (Nationwide House Energy Rating Scheme) is a common way for new homes to meet energy efficiency requirements.</p>

<p>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.</p>

<h2>What is NatHERS?</h2>

<p>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;</p>

<p>NatHERS ratings are the most common way new homes meet the National Construction Code's (NCC's) minimum energy efficiency requirements.&nbsp;</p>

<p>NatHERS assessments provide thermal and whole-home ratings for new homes, townhouses, and apartments.</p>

<p>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.</p>

<h2>How NatHERS Ratings Work</h2>

<p>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.</p>

<p>The tools can model complex effects of building mass, insulation, window size, and other elements.</p>

<p>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.</p>

<p>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;</p>

<p>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.</p>

<p>Anyone can use NatHERS tools, but accredited assessors can provide certified ratings and professional advice.</p>

<h2>Benefits of Higher NatHERS Ratings</h2>

<p><strong>Energy Efficiency:</strong> 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.</p>

<p><strong>Cost Savings:</strong> 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.</p>

<p><strong>Environmental Impact:</strong> 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.</p>

<p><strong>Improved Comfort: </strong>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.</p>

<p><strong>Market Value and Desirability:</strong> 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.</p>

<p><strong>Compliance with Building Codes:</strong> 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.</p>


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?

<p>Mixed-use developments have gained significant popularity across Australia in recent years due to their unique blend of residential, commercial, and recreational spaces.</p>

<p>Unlike traditional single-purpose developments, mixed-use projects offer a harmonious integration of various functions within a single locale.</p>

<p>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.</p>

<h3>Convenience and accessibility</h3>

<p>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.</p>

<p>[smartcode_project:default project_id=114215 project_image_fid=204874]</p>

<p>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.</p>

<h3>Vibrant lifestyle and community</h3>

<p>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.</p>

<p>[smartcode_project:default project_id=107714 project_image_fid=214122]</p>

<p>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.</p>

<h3>Potential for higher rental yields and property value appreciation</h3>

<p>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.</p>

<p>[smartcode_project:default project_id=139989 project_image_fid=212887]</p>

<p>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.</p>

<h3>Enhanced security and maintenance</h3>

<p>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.</p>

<p>[smartcode_project:default project_id=108019 project_image_fid=212658]</p>

<p>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.</p>

<h3>Live-work-play balance</h3>

<p>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.</p>

<p>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.</p>


alisonwarters@gmail.com

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

<p style="line-height: 1.38;">When buying a property, everyone needs to be aware of the additional costs that come as part of the buying process.</p>

<p style="line-height: 1.38;">Often the largest outlay, after the deposit which goes to the bank, is stamp duty.</p>

<h2 style="line-height: 1.38;">What is Stamp Duty?</h2>

<p>Stamp duty is an extra tax to pay the government when you buy land, a property, and other certain assets.</p>

<p>It happens when the legal ownership is transferred. It can also be known as property transfer duty or transfer duty.</p>

<p style="line-height: 1.38;"><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></p>

<h2>Who pays Stamp Duty?</h2>

<p>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.</p>

<h2>How much does Stamp Duty cost?</h2>

<p>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.</p>

<p>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!</p>

<p>Overall, the stamp duty you need to pay will depend on:</p>

<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>

<p style="line-height:1.38">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.</p>


Ellen Walker

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

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<p><span>A sky-high cocktail bar with panoramic views of Sydney is set to become the highest bar in Parramatta.</span></p>
<p><span>Set top open in 2016/17, the Sky Bar sits more than 100 metres above the ground level atop Crown Group's new $309 million development V by Crown.</span></p>
<p><span>Crown Group Director of Sales and Marketing Roy Marcellus said the new Sky Bar at V by Crown would have the best views in Parramatta.</span></p>
<p><span>“There is a huge demand for bars like this in Parramatta; offering luxury style in a relaxed atmosphere," he said.</span></p>
<p><span>Designed by Sydney-based Allen Jack + Cottier and Koichi Takada Architects, the bar offers views of the Blue Mountains, Sydney CBD and the Sydney harbour.</span></p>
<p><span>The internal bar area with direct lift access spreads across 275 sqm of internal space and a 90 sqm outdoor terrace.</span></p>
<p><span>Stage one of the development is set to be completed in December and an official date for the Sky Bar opening will be announced later this year.</span></p>
<p><span>The 590 luxury apartment block has studios for sale from $550,000, one bedrooms from $729,000, two bedrooms from $920,000, and a three bedroom apartment for sale at $1.2 million.</span></p>
<p><span>There is one three bedroom penthouse which is for sale for $2.3 million.</span></p>
<p><span>The building features an alfresco dining and retail piazza on the ground level.</span></p>
<p><span>The development is 600 metres from Parramatta City Council's $2 billion, 3 hectare vertical village.</span></p>
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jrobinson-rf4aSBido9

Sky-high cocktail bar atop V by Crown's Parramatta development

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<p>Queensland's Gold Coast has a preliminary auction clearance rate of 32.4 percent from a total of 48 auctions, for the week ending 6 March, according to CoreLogic RP Data.</p>
<p>The Hunter region in New South Wales had a preliminary clearance rate of 56.5 percent, Wollongong 68.8 percent and Victoria's Geelong 57.9 percent.</p>
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po-LsXgBTHBmX

Gold Coast has preliminary auction clearance rate of 32.4 percent: CoreLogic RP Data

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<p>Melbourne's preliminary auction clearance rate<span> is recorded at 70.6 percent, for the week ending 6 March, according to CoreLogic RP Data. </span></p>
<p><span>Top performing areas was North East Melbourne, which held a clearance rate of 75.2 percent.</span></p>
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North East Melbourne, which held a clearance rate of 75.2 percent: CoreLogic RP Data

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<p>Sydney had a preliminary<strong> </strong><span>clearance rate of 68.6 percent for the week ending 6 March, according to CoreLogic RP Data.</span></p>
<p><span>The City and Inner South regions held the strongest auctions with a preliminary clearance rate of 81.3 percent, Ryde 80.7 percent and the Northern Beaches 78 percent.</span></p>
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Sydney City, Inner South hit clearance rates of 81.3 percent: CoreLogic RP Data

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<p>The biggest sale of the week was a massive seven bedroom, seven bathroom <a href="https://www.realestate.com.au/property-house-nsw-cremorne-119896725" target="_blank">waterfront in Cremorne</a> which fetched a suburb record $16.5 million.</p>
<p>Sold through Simeon Manners Property Mosman, the home belonged to investment banker Campbell Lobb and wife Susie.</p>
<p>The 1113 sqm property last traded for $5.85 million in 2001 when Lobb bought with Napier Property Group's Peter McCormack and Meridan International Capital's Carl Peterson.</p>
<p>He bought the pair out in 2007 to become the sole owner of the home.</p>
<p>Spread over three levels, the home features a gym, sauna, steam room, temperature controlled wine cellar and customer fitted Len Wallis home theatre.</p>
<p>Of course a $16 million waterfront property wouldn't be complete without a gas heated infinity pool with spa and level lawns with adjoining jetty and pontoon.</p>
<p> </p>
<p>Top ten</p>
<p>1. 4 Shellbank Parade, Cremorne, NSW: Seven bed, seven bathroom, three bar house: Simeon Manners Property Mosman - $16.5 million</p>
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<p>2. 68 Avoca Street, South Yarra, VIC: Four bed, three bath, two car house: HockingStuart South Yarra - $7.15 million</p>
<p>3. 32 Newtown Road, Strathfield, NSW: Five bed, four bathroom, eight car house: Devine Real Estate Strathfield - $5.02 million</p>
<p>4. 3 Kulgoa Road, Bellevue Hill, NSW: Five bed, three bathroom, two car house: Biller Property Double Bay - $4.75 million</p>
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<p>5. 15 Waverton Avenue, Waverton, NSW: Four bed, three bathroom, two car house: BradfieldCleary Double Bay - $4.75 million </p>
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<p><span>6. 17 Gurney Crescent, Seaforth, NSW: Five</span><span> bed, four bathroom, three car house: </span>Clarke &amp; Humel Property Manly - $4.6 million</p>
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<p>7. 9 Olola Avenue, Vaucluse, NSW: Four bed, three bathroom, three car houseL: BradfieldCleary Double Bay - $4.53 million</p>
<p>8. 37 Roseville Avenue, Roseville, NSW: Five bed, three bathroom, three car house: McGrath - $4.12 million</p>
<p>9. 3/232 Campbell Parade, Bondi Beach, NSW: Three bed, two bathroom, two car unit: Laing + Simmons Double Bay - $4.1 million</p>
<p>10. 3 Scotney Place, Collaroy Plateau, NSW: Five bed, three bathroom, three car house: McGrath - $3.97 million</p>
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Cremorne record sale by investment banker atop week's most expensive sales

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<p>A clearance rate of 74 percent was recorded this weekend compared to 76 percent last weekend and 70 percent this weekend last year, according to the REIV.</p>
<p>There were 1018 auctions reported to the REIV, with 754 selling and 264 being passed in, 138 of those on a vendor bid.</p>
<p>The overall clearance rate in the year to date for 2016 is 75 percent, up one per cent on the same period in 2015.</p>
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<div class="number">598 <span style="line-height: 1.3em;">Sold at Auction</span>
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<div class="number">155 <span style="line-height: 1.3em;">Sold before Auction</span>
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<div class="number">264 <span style="line-height: 1.3em;">Passed In</span>
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<div class="number">1 <span style="line-height: 1.3em;">Sold after auction</span>
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<div class="number">138 <span style="line-height: 1.3em;">Passed in on Vendor bid</span>
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<h4 class=" header-title text-center">Top House Sales</h4>
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<th>Location</th>
<th>Price</th>
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<td>4 Kerferd St MALVERN EAST</td>
<td>$4,680,000</td>
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<td>91 Woodland St ESSENDON</td>
<td>$3,400,000</td>
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<td>80 Wellington St ST KILDA</td>
<td>$3,300,000</td>
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<td>166 Finch St GLEN IRIS</td>
<td>$3,266,000</td>
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<td>27 Union St ARMADALE</td>
<td>$3,110,000</td>
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<h4 class=" header-title text-center">Top Apartment Sales</h4>
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<th>Price</th>
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<td>20 Silver St MALVERN</td>
<td>$1,950,000</td>
</tr>
<tr>
<td>40A Ebden Av BLACK ROCK</td>
<td>$1,912,500</td>
</tr>
<tr>
<td>4/43 Faversham Rd CANTERBURY</td>
<td>$1,825,000</td>
</tr>
<tr>
<td>107/107 Beach St PORT MELBOURNE</td>
<td>$1,350,000</td>
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<tr>
<td>2/3 Bellett St CAMBERWELL</td>
<td>$1,350,000</td>
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<h4 class=" header-title text-center">Bargain House Sales</h4>
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<th>Price</th>
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<td>29 Spruhan Av NORLANE</td>
<td>$245,000</td>
</tr>
<tr>
<td>21 Oxley St SUNBURY</td>
<td>$292,500</td>
</tr>
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<td>1 Howqua Ct EPPING</td>
<td>$319,000</td>
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<td>29 Mulberry Pass CRAIGIEBURN</td>
<td>$330,000</td>
</tr>
<tr>
<td>28 Cassinia Cl DELAHEY</td>
<td>$350,500</td>
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<h4 class=" header-title text-center">Bargain Apartment Sales</h4>
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<th>Location</th>
<th>Price</th>
</tr></thead>
<tbody>
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<td>11/25-27 Newton Cr LALOR</td>
<td>$256,000</td>
</tr>
<tr>
<td>30/23-25 Robe St ST KILDA</td>
<td>$277,000</td>
</tr>
<tr>
<td>6/8 Anzac St CARNEGIE</td>
<td>$290,000</td>
</tr>
<tr>
<td>506/52 Park St SOUTH MELBOURNE</td>
<td>$300,000</td>
</tr>
<tr>
<td>2/405 Dandenong Rd ARMADALE</td>
<td>$300,000</td>
</tr>
</tbody>
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<p>Source REIV</p>
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jonathanchancellor-7SQnKwU6yx

Still sitting in the 70s: Melbourne's auction clearance rate: REIV

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<p><span>Singer songwriter Missy Higgins, the ARIA award-winner, has secured a buyer for her Abbotsford red brick warehouse conversion, as her offering joined the 2016 early bird properties selling quickly and without disappointment.</span></p>
<p><span>Higgins paid $1.8 million in mid-2012 for the property (above) with ITN Architects refurb. It was listed by private treaty through Kay &amp; Burton with $2.1 million hopes. There's suggestions 21a Mollison Street, set a short walk to the Yarra River, Studley Park and Victoria Street shops, fetched $2.2 million.</span></p>
<p><span>"The market is rocking strong at all levels on almost all properties," said Melbourne buyers agent Mal James.</span></p>
<p><span>"Only C grade stock is failing and that is almost always a function of seller opinion versus market opinion on the price," he suggested.</span></p>
<p><span>Four sales above $6 million kept the trophy home markets turning over nicely, with agents in Sydney and Melbourne now complaining they don't have the prestige stock to match buyer demand.</span></p>
<p><span>Australian test cricketer vice captain David Warner and his wife Candice secured a bullish $7 million plus sale of their South Coogee home three weeks ahead of its intended weekend auction.</span></p>
<p><span>The sale was easily above the $6.25 million paid two years ago by the couple who listed following their $4 million purchase of a oceanfront building block in Maroubra. </span></p>
<p><span>The South Coogee home,</span><span> once rented by ealier owners to the cast of the <em>Geordie Shore</em> reality television show, sold through McGrath agent Bethwyn Richards.</span></p>
<p><span>There was also a $6.45 million Mosman pre-auction sale which the Simeon Manners agency declared for its 61a Muston Street offering.</span></p>
<p><span>In Armadale, the price of the under the hammer sale of 12 Barnato Grove through Kay &amp; Burton, was not released publicly.</span></p>
<p><span>But attendees said it was sold at $6.74 million with four bidders no doubt attracted to the cutting edge five bedroom home set in Nathan Burkett designed gardens that featured in '100 Australian Gardens &amp; Landscapes.'</span></p>
<p><span>There'd been initial $4.5 million-plus price guidance.</span></p>
<p><span>A pre-auction modern four bedroom Balwyn home sale presumably took third place on the sales' podium as it was listed with $6 million plus aspirations, selling at an undisclosed price well ahead of the weekend auction.</span></p>
<p><span>Piermont, at 4 Boston Road, was a newly completed Phillip Mannerheim-designed home, with eight car basement garage, in the suburb's omnipresent Chateau-style (below).</span></p>
<p><span><img src="/images/2016/03/7/main.jpg" alt="" width="660" height="495"></span></p>
<p> </p>
<p><img src="/images/2016/03/7/image11.jpg" alt=""></p>
<p><span>The nation's cheapest weekend result was a house in the Brisbane suburb of Marsden. The $267,000 sale at 10 Birch Street secured a three bedroom house which last sold at $90,000 in 1993. It fell short of the $285,000 asking price when listed by private treaty last November.</span></p>
<p><span>With less stock on the market there were more sales at higher than reserve than in previous weeks.</span></p>
<p><span>Wildly exceding expectations, in Sydney's Kingsford, an unrenovated, three-bedroom house attracted 27 bidders who forced the price to $3,065,000 – $1,065,000 over its reserve.</span></p>
<p><span>It traded in 2008 for just $1,015,000 with NG Farah selling agent Glenn Farah saying the weekend result at 6 Forsyth Street was “out of line” with other results in the area.</span></p>
<p><span>The auction of a classic Pettit and Sevitt house at West Pennant Hills, where seven parties lodge 68 bids before the hammer fell at $1,237,500 for the unrenovated house at 31 Eaton Road – $237,500 more than the reserve.</span></p>
<p><span>In St Kilda, the 1919 Aston Court, Spanish Mission apartment at 2/43 Acland Street had been listed with $900,000 plus hopes. Last traded at $635,000 in 2003, the two bedroom was knocked down at $1.24 million.</span></p>
<p><span>Not so lucky in St Kilda was entertainment industry talent manager Pete Sofo whose Santorini, 214/3-7 Alma Road investment apartment offering now comes with a private treaty price of $469,000. Sofo's McGrath agents had it initially listed expecting $400,000 to $440,000 for its March 5 auction. It last traded at $287,000 in 2006.</span></p>
<p><span>There were fewer auctions held this week across the capital cities - 2,253 compared to last week's 2,701, and the clearance rate fell from 71 percent last week to 68 percent this week, according to CoreLogic RP Data.</span></p>
<p><span>This week’s result marked the first time below the 70 percent mark this year.</span></p>
<p><span>Volumes will head lower next week due to the Labour Day public holiday in Melbourne where auction clearance rates sat at 70 percent, having fallen from 74 percent last week, with clearance rates ranging from 75.2 percent in North East Melbourne to 62.5 percent in Outer East Melbourne.</span></p>
<p><span>In Sydney, clearance rates fell to 68 percent this week from 72 percent last week. Over the week, 684 auctions were held across the city, down from 919 last week and also lower than the 944 that went under the hammer last year.</span></p>
<p><span>The inner regions of Sydney have maintained strength this week, with City and Inner South (81.3 percent), Ryde (80.7 percent) and Northern Beaches (78 percent) showing the strongest auction clearance rates for the week.</span></p>
<p><span>Brisbane’s preliminary results show 52.3 percent of auctions and across the Gold Coast, a preliminary clearance rate of 32.4 percent was recorded this week.</span></p>
<p><span>Canberra had the nation's best clearance rate at 71 percent this week with prices between $287,000 for a $380 a week, 1990s Kingston flat rental and a $2,585,000 four bedroom home in Forrest.</span></p>
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jchancellor-FAypfDUnLy

Few auctions missing the mark among early bird offerings 

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<p>Developer Toga Group said it sold 80 percent of its new 192-apartment residential tower "One Twenty Macquarie" in Macquarie Park in Sydney's north within four hours  of launching on Saturday morning. </p>
<p>More than 50 percent of the buyers were owner-occupiers.</p>
<p>Buyers at the launch exchanged $130 million in contracts for apartments after buyers queued from 8am.</p>
<p><img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2016/03/7/One20Twenty20Macquarie20Interior20Looking20Out_ma.jpg" alt=""></p>
<p><span id="0.33669214718975127">Toga</span> chief executive Fabrizio Perilli said One Twenty Macquarie’s prime location in Macquarie Park’s bourgeoning satellite city coupled with the exceptional views on offer, were among the reasons more than 150-apartments were snapped up within four hours of release.</p>
<p>“This is a strong result and highlights the underlying demand for quality apartments with superb views and lifestyle amenities in an attractive satellite city,” Mr Perilli said.</p>
<p>Buyers were provided the opportunity to nominate apartment preferences in the lead up to the March 5 sales launch; minimising disappointment.</p>
<p>“Two and three-bedroom apartments proved to be particularly popular with the turnout of buyers on the day,” Mr Perilli added.</p>
<p><img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2016/03/7/Macquarie.jpg" alt=""></p>
<p><span id="0.14105842309072614">Toga</span> is fast approaching its 1000<sup>th</sup> sale at Macquarie Park following the weekend result, given its sold out 618-apartment development Macquarie Central and Macquarie Green; a 164-apartment development now 90 per cent sold.</p>
<p>Prices of apartments started from $600,000 for a one-bedroom. For more information, <a href="https://www.onetwentymacquarie.com.au" target="_blank">click here</a>.</p>
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Toga sells 80 percent of One Twenty Macquarie

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<p>Two inactive walls spanning 100 metres in a highly visible corner of Melbourne's CBD. Is this really the best design outcome all parties involved could conjure? Maybe it is, but it is a blight on Melbourne's skyline.</p>

<p>Notwithstanding the likelihood that the project in question at 560 Flinders Street will receive a serious paint job, the blank edifices to north and west are ghastly and a reflection of a poor design outcome sanctioned by those vested in maintaining Melbourne's design standards. 560 Flinders Street isn't exactly alone either when it comes to creating vast blank spaces in Melbourne's skyline.</p>

<p>109 Clarendon Street on Southbank, for instance, maintains a precast eastern elevation set back from the podium, thus forever remaining exposed - this is sheer planning stupidity!</p>

<p>Granted certain development sites with common boundaries should maintain blank walls with an eye towards future adjoining development, but there are many which will remain exposed indefinitely. 560 Flinders Street, for example, is surrounded by the 1920's Markillies Hotel to both inactive elevations; the prospects of both blank walls remaining visible permanently is very real.</p>

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/image5_4.jpg" rel="gallery-all" title="A blight on our fair city"><img alt="" class="image-article-full-width-580px" height="330" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image5_4.jpg?itok=fIkXm1mj" title="A blight on our fair city" width="580"></a>

<figcaption>A blight on our fair city; 560 Flinders and Marco currently under construction</figcaption></figure><p>Planning Minister Richard Wynne's move last year to tweak planning laws will go some way to eliminating these poor design outcomes, with minimum tower separations set in place which will encourage active elevations to all sides for future developments. Simultaneously these planning changes will also highly likely lead to existing blank walls remaining so.</p>

<p>So how should this blight be addressed? Logically no inactive precast walls/elevations above the podium levels is a no-brainer!</p>

<p>Yet how to address certain existing projects with retrospective design changes? Setting aside prohibitive cost and engineering issues for a moment and stepping into a utopian outcome, could green walls be fitted to precast elevations which have no prospect of being covered?</p>

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/contemporary-eco-friendly-architecture-design-ideas-residential-buildings.jpg" rel="gallery-all" title="Contemporary and creative but not compulsory. Image courtesy Minimalisti"><img alt="" class="image-article-full-width-580px" height="873" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/contemporary-eco-friendly-architecture-design-ideas-residential-buildings.jpg?itok=Sbmtk_KT" title="Contemporary and creative but not compulsory. Image courtesy Minimalisti" width="580"></a>

<figcaption>Contemporary and creative but not compulsory. Image: Minimalisti</figcaption></figure><p>Seen above is a prime example of what can be achieved on a grand scale regarding greening a large elevation. Various examples exist around Melbourne on a smaller scale, with Triptych Southbank's south-facing podium a premier example; could this just not be extended to cover an entire elevation? The equivalent green wall applied to a Melbourne building would be stunning.</p>

<p>Perhaps this strategy could be jointly adopted by the City of Melbourne and the State Government by contributing to initial costs of implementation, with body corp to assume ongoing costs thereafter. City of Melbourne is <a href="http://www.melbourne.vic.gov.au/community/parks-open-spaces/greening-the-city/Pages/green-roofs-walls-facades.aspx">already encouraging greening existing roofs, walls or facades</a>. Why not take it a step further?</p>

<p>Like most problems, if enough money is thrown at it an outcome can be found. But can the outcome justify the expense?</p>

<p>Venturing back to the land of reality, such a scheme would be hamstrung by a variety of factors including structural integrity, safety, drainage, wind forces and of course cost. Yes, the logistics of implementing this idea of retrospective green walls to inactive high-rise elevations is verging on impossible, but it's a far more palatable outcome than some of the precast visual pollution Melbourne has and is being subjected to.</p>

<p><em>Lead image courtesy Minimalisti &amp; Oh-Yes-Melbourne</em></p>
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silvermb

A green solution to an unsightly problem

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<p><span>House price growth for the Gold Coast was strongest in Coombabah, Burleigh Heads and Mermaid Waters for the year to November, according to JLL.</span></p>
<p><span>JLL's Queensland Residential Market Report for February said other highly priced suburbs have shown less growth, with Palm Beach up 3.7 percent, Tugun up 0.7 percent, while Surfers, Bundall, Broadbeach and Tallai had minimal growth of 2.1 percent to 2.8 percent.</span></p>
<p><span>"Outside of the metropolitan area, median house price growth in the year to November (CoreLogic) was most evident in the Gold Coast, averaging $626,000, up 6.9 percent, and the Sunshine Coast, averaging $558,000, up 5.1 percent. Toowoomba median house prices were $420,000, up 4.2 percent," it said.</span></p>
<p><span>"Conditions in Cairns are improving and the median house price of $424,000 was up 4.9 percent in the year to November.</span></p>
<p><span>"Most areas have registered single digit growth in the past year but Mackay is down 11.5 percent to $361,000, Gladstone is down 5.7 percent to $396,000, and Rockhampton is down 2.0 percent to $319,000."</span></p>
<p><a href="/images/2016/03/4/Screen%20Shot%202016-03-04%20at%202.45.55%20PM.png" target="_blank" style="line-height: 1.3em;">Click to enlarge</a></p>
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