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?

<html><body>
The most expensive property that sold in Sydney this weekend comes from Killara where a five bedroom, five bathroom property has sold for $7.4 million.
Samuel Lynch of McGrath Lindfield had the listing of <a href="https://www.realestate.com.au/property-house-nsw-killara-121177874" target="_blank">32 Wattle Street</a>.
The 2395 sqm dwelling features a championship size tennis court and swimming pool.
The property last traded for $6.35 million in 2008, an annual appreciation of just 1.25%.
It had been rented after it's 2008 trade for $3,500 per week, showing a somewhat dated gross rental yield of 2.87%.
 
</body></html>

jrobinson-rf4aSBido9

Killara five bedder Sydney's most expensive weekend sale

<html><body>
Combined capital city preliminary auction clearance rates came in at 60.1% for the week ending 29 November, according to CoreLogic RP Data, up from last week's 59.5%.
Some 3649 auctions were held over the week. During the corresponding period last year auction volumes were at 3,908 and the clearance rate 63.7%.
<a href="/images/2015/11/30/Screen%20Shot%202015-11-30%20at%209.54.54%20AM.png" target="_blank">Click to enlarge</a>
<img src="/images/2015/11/30/Screen%20Shot%202015-11-30%20at%209.54.54%20AM.png" alt="">
</body></html>

mick.cee-iDmgDDAmu8

Combined capital city clearance rate at 60.1% CoreLogic RP Data

<html><body>
New South Wales auction results for week ending Sunday 29 November show a preliminary clearance rate of 56% from 1284 total scheduled auctions.
<div class="reported-auctions">
<div class="num">According to data from realestate.com.au, 335 were sold at auction within NSW, 280 passed in and 196 sold prior to auction.</div>
<div class="num"> </div>
<div class="num">One standout property in the Sydney suburb of Bondi - a four bedroom home 400 metres from the beach at <a href="https://www.realestate.com.au/property-house-nsw-bondi+beach-121141766" target="_blank">14 Consett Avenue, Bondi</a> (above), sold for $2,405,000.</div>
<div class="num"> </div>
<div class="num"><a href="https://www.realestate.com.au/auction-results/nsw?rsf=edm:auction:nsw" target="_blank">Click here to see the full state breakout.</a></div>
</div>
</body></html>

Sydney clearance rate at 56% Realestate.com.au

<html><body>
A waterfront property in Cammeray has possibly doubled the suburb's record with a reputed near $15 million sale.
The property was sold by Jo Mineham, the widow of former PricewaterhouseCooper CEO Leigh Mineham.
They bought in 1998 for $2.48 million commissioning architect Susan Rothwell to design the house which was finished in 2006.
The 1,170 sqm holding features boating amenities including jetty pontoon and deep water mooring for a 15.8 metre boat.
The five bedroom, six bathroom family home has private terrace views of Willoughby Bay.
The classically contemporary home features a banquet sized formal dining room and open plan lounge both fitted with fireplaces.
There is a lower level family room with kitchenette and separate bathroom which can be used as an au pair or guest accomodation.
A home office, a climate controlled wine cellar and a fully tiled, gas heated infinity pool are the most luxurious aspects the record breaking house provides.
Until the sale by Richardson &amp; Wrench Mosman agents Stephen Patrick and Geoff Grist, the record for the lower north shore suburb had stood at $7.25 million since 2008.
Leigh Minehan passed away in December 2011, having retired from PWC a year earlier, but remaining a leading light in advice to the insurance sector. He was Chairman of the Queenwood School Board and a Commodore of the Cruising Yacht Club of Australia.
The article was first published in the Sunday Telegraph.
</body></html>

Cammeray harbourfront record price doubles

<html><body>
Melbourne agents secured a weekend clearance rate of 67%, compared to 65% last week and 65% on the same weekend last year.
Melbourne buyers met the supply challenge of the biggest auction day in its history.
Balanced rather than strong was how vendor adviser, Peter Sarmas described the result.
There were 1467 auctions reported to the REIV this weekend, with another 400 results yet to come. 
It has been a record month, with about 5,700 auctions held - 300 more than in November last year, the REIV chief Enzo Raimondo said.
The dearest weekend result reported to the REIV was $3.55 million in Brighton, although a private auction mid-week had secured a $7.4 million sale in Canterbury. 
<a href="https://www.realestateview.com.au/Real-Estate/17-elwood-street-brighton/Property-Details-buy-residential-9732195" target="_blank">The Brighton sale</a> was a four bedroom house on the edge of the Golden Mile with the 889sqm, north facing lot offering an opportunity to re-build or redevelop, Brakspear House.
The $3.55 million auction sale was higher than its $3.33 million private treaty sale in June this year to Chinese buyers. Buxton selling agent Stefan Whiting was telling inspectees that the client was re-located overseas by the corporate he worked for.
The offerng at 34 Ferrars Place, South Melbourne was passed in at $4,6 million with just the one bidder.
 
TOP 5 HOUSES
1. 17 Elwood Street, Brighton $3,550,000
2. 167 Finch Street, Glen Iris $2,756,000
3. 31B Park Crescent, Aberfeldie $2,750,000
4. 11 Belson Street, Malvern East $2,710,000
5. 14 Terry Street, Balwyn $2,700,000
 
TOP 5 BARGAIN HOUSES
1. 309 Stumpy Gully Road, Balnarring $253,000
2. 8 Peter Court, Langwarrin $295,000
3. 32 Lorraine Crescent, Jacana $295,000
4. 11 Cullen Drive, Wyndham Vale $296,000
5. 3 Marong Court, Broadmeadows $308,500
 
TOP 5 APARTMENTS
1. 27A Irymple Avenue, Glen Iris $2,188,000
2. 3.01/125-139 Rathdowne Street, Carlton $2,075,000
3. 65 Draper Street, Albert Park $1,670,000
4. 2/30 Erskine Street, North Melbourne $1,420,000
5. 2/22 Pascoe Avenue, Bentleigh $1,350,000
 
TOP 5 BARGAIN APARTMENTS
1. 2/29 Kirby Street, Reservoir $271,000
2. 2/10 Edgar Street, Hadfield $285,000
3. 1/249 Burnley Street, Richmond $300,000
4. 3/7 Sydney Street, Footscray $307,000
5. 3/7 Adam Street, Richmond $331,000
Source: <a href="https://www.reiv.com.au" target="_blank">REIV </a>
</body></html>

jchancellor-FAypfDUnLy

Melbourne's busiest auction day sees steady success rate: REIV

<html><body>
Sydney's greenest home - winning some 13 awards on its 2013 construction - has been snapped up before it's scheduled weekend auction.
Builder Chris Knierim's two storey eco-house in Forest Lodge came with $1.9 million plus price hopes.
Over 100 groups inspected the pricey bespoke offering, which sold at an undisclosed price, through Jennifer Aaron of Jennifer Aaron Real Estate.
The recent marketing campaign had triggered 11,000 plus visits on realestate.com.au.
Designed to minimise its carbon footprint, it was Knierim's $900,000 construction dream to build a sustainable three bedroom house for his family.
Another inner west project is also underway by architect and builder, Oliver Steele in Newtown with three garden-topped eco-terraces on Angel Street.  
Being green might prove costly in the inner suburbs, but the traditional alternate eco home can still come cheap for tree changers with a mud brick home in a 200 acre land sharing community in the Hunter Valley region currently listed at $180,000 plus.
After working on eco-friendly building projects in Europe, Chris Knierim knew to insulate the ground underneath the slab and have solar panels on its green garden rooftop.
There's eight metre tall vertical garden walls in between, which impressed the Sydney Lord Mayor Clover Moore when she opened the house.
It comes with a 3500 litre underground water tank and extensive use of recycled materials.
The sustainable Foss Street home - just 5 metres or so wide in a narrow gap in a row of heritage-listed terraces - featured on the Grand Designs Australia television series.
The awards included the 2014 HIA Green Smart Australian Home of the Year and the Australian Sustainable Project of the Year.
Chris and wife Belinda paid $519,000 in 2007 for the small car park block next door to their then house. 
"Crowned by a green roof, it presents streamlined minimalism with state-of-the-art finishes and a focus on optimal light and airflow," selling agent Jennifer Aaron said.
Chris was happy with the home and said it performed better than expected.
"“It just functions really well."
The founder of design firm Code Green admitted that despite the fact the eco lodge was a dream home for his wife and two sons, it was time to move on.
“I’ve just got a good business opportunity, so it’s time to let it go", he said.
"Being a builder and designer I’m always looking at doing other things,” he said.
They all celebrated the sale at the sustainable fish cafe, Annandale's Fish &amp; Co.
This article was first published in the Sydney Daily Telegraph.
</body></html>

Sydney's greenest terrace house sold at $1.9 million plus

<html><body>
In the age of High Lines, Low Lines and everything in between, cities across the world are investigating ways in which to improve underutilised or abandoned infrastructure and the spaces associated with them. One such project is <a href="http://www.undergardiner.com/">Under Gardiner</a> in Toronto which seeks to give back to the city by turning the underutilised space beneath the Gardiner Expressway into a long park that would reconnect the neighbourhoods below it.

Transforming more than four hectares of land beneath the elevated portion of Toronto’s Gardiner Expressway into a series of public spaces, a 1.75-kilometre multi-use trail and 500m connection to Exhibition GO Station will also be included. By reclaiming this forgotten space Under Gardiner will create a series of rooms formed by the spaces between columns, reimagining the area beneath the expressway as a place for people.

<blockquote>
As cities densify, we begin to view lost or underutilized spaces in new ways. This proposal is a visionary approach to celebrating and inhabiting a spectacular, dramatic space, stitching together a series of existing areas to provide a front door to Fort York, one of the Toronto's most significant historical resources.
<cite>Jennifer Keesmaat, City of Toronto Chief Planner</cite>
</blockquote>

The project is based on a transformative framework design by urban designer Ken Greenberg plus Marc Ryan and Adam Nicklin of landscape architecture firm Public Works. The vision for the project includes the continuous multi-use trail, a bridge over Fort York Boulevard for pedestrians and cyclists, a grand staircase at Strachan that will double as seating for an urban theatre and a series of flexible, year-round performance and programming spaces that can be used by the community.

<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/undergardiner_-_backgrounder_-_final.jpg" rel="gallery-all" title="Aerial of Under Gardiner Master Plan. Image courtesy of PUBLIC WORKS"><img alt="" class="image-article-full-width-580px" height="341" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/undergardiner_-_backgrounder_-_final.jpg?itok=77n0vFKb" title="Aerial of Under Gardiner Master Plan. Image courtesy of PUBLIC WORKS" width="580"></a>

<figcaption>Aerial of Under Gardiner Master Plan. Image courtesy of PUBLIC WORKS</figcaption></figure>Each of the public "rooms" formed by the highway will become part of a network of public spaces for everything from farmers markets and concert venues, to summer camp. The designers will work with residents to decide how to use each part of the park with a trail will connect each of the spaces and reconnect a network of bike paths across the rest of the city.

<blockquote>
This is a project that cuts through about seven different neighborhoods that are all in a way fragmented. They don't see themselves as unified in any way.
<cite>Marc Ryan, co-founder of PUBLIC WORKS</cite>
</blockquote>

What is most interesting about this project is the fact that while the Gardiner Expressway currently acts as a barrier severing connections between neighbourhoods it also has the potential to provide the solution by re-stitching the city.

<h2>How might such a project like Under Gardiner be of relevance here in Melbourne?</h2>

With the City of Melbourne advancing plans for City Road, Southbank Boulevard and Dodds St as part of a series of initiatives identified for development within the <a href="https://www.melbourne.vic.gov.au/AboutMelbourne/ProjectsandInitiatives/Southbank2010/Documents/Southbank_Structure_Plan_updated_30Nov2011.pdf">Southbank Structure Plan 2010 </a>document, the next cab off the rank in terms of improvement and enhancement of the public realm within Southbank should be the Westgate Freeway Undercroft.

An opportunity exists to connect Southbank not just with itself but with the Fishermans Bend Urban Renewal Project.

<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/m1.jpg" rel="gallery-all" title="Westgate Freeway aerial. Image courtesy of Nearmap."><img alt="" class="image-article-full-width-580px" height="294" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/m1.jpg?itok=-94RvQRS" title="Westgate Freeway aerial. Image courtesy of Nearmap." width="580"></a>

<figcaption>Westgate Freeway aerial. Image courtesy of Nearmap.</figcaption></figure>Southbank suffers from a lack of accessible and high quality public open space: there is currently 4,800m2 of green open space and as Southbank’s resident and worker population grows, addressing this issue becomes more and more critical. In addition to this there is currently a scarcity of pedestrian and cyclist routes through Southbank that are attractive, continuous, safe and of high amenity.

It's worth noting the Southbank Plan seeks to "establish new parks within the area and deliver a finer grain of attractive public gathering spaces."

The approach to the CityLink Tunnels was also identified as contributing to the disparate nature of Southbank. The Southbank Plan proposes to stitch together the northern and southern fragmented ‘halves’ of Southbank by decking over the void with new development to create a connected and continuous mixed use area which provides the opportunity for new public open space.

<blockquote>
Delivering new public open spaces of any significant size in this area is difficult and would involve the conversion of private, developable land for public, noncommercial use with an associated high acquisition cost. The exception includes the M1 undercroft which is an opportunity to provide a linear park in the western end of Southbank.

The CityLink Deck precinct offers a new opportunity to provide a new large public park within this development site. The location of the Arts Activity Precinct at the intersection of the new Sturt Street spine and Southbank Boulevard emphasises the imperative to deliver the linear parkland within Southbank Boulevard.
<cite>Southbank Structure Plan 2010</cite>
</blockquote>

While the CityLink deck could be considered a much longer term proposition, it would also make sense to act as the 'exclamation mark' or termination node for a linear park and walking/cycling network as part of a revitalised M1 Undercroft. As the extract above points out, acquisition of private land comes with a significant cost and this was recently highlighted with the <a href="http://www.skynews.com.au/news/local/melbourne/2015/11/25/-19m-spent-on-land-for-vic-playground">State Goverment paying $19m</a> for a development site on Buckhurst Street within the Montague precinct of Fishermans Bend to allow for the provision of a future park for the precinct.

Developer contributions would go some way to helping deliver the vision for an improved, accessible and safe M1 Undercroft with the subsequent benefits and opportunities provided being immense. A good indicator will be the Kingsway Undercroft works associated with the City Road masterplan; this should be used as a case study to investigate and test the best uses and subsequently provide direction for any potential M1 undercroft project.

Hopefully Southbank won't have to wait too much longer for meaningful and usable open space. In the meantime I look forward to seeing Under Gardiner develop over the next few years with an eye toward what it could show Melbourne in the process.

<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/3053787-slide-s-11-the-forgotten-space-under-a-toronto-highway.jpg" rel="gallery-all" title="Under Gardiner proposed spaces. Image courtesy of PUBLIC WORKS"><img alt="" class="image-article-full-width-580px" height="267" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/3053787-slide-s-11-the-forgotten-space-under-a-toronto-highway.jpg?itok=fKz9WgeV" title="Under Gardiner proposed spaces. Image courtesy of PUBLIC WORKS" width="580"></a>

<figcaption>Under Gardiner proposed spaces. Image courtesy of PUBLIC WORKS</figcaption></figure>
</body></html>

Laurence Dragomir

Taking a cue from Toronto to create the Southbank M1 Undercroft

<html><body>
Close to 5,800 homes will have been auctioned this month in Melbourne in just four Super Saturday weekends, making it the biggest auction month in Victoria’s history.
The previous record was set in November last year, when more than 5,300 homes went to auction.
Capping off the month will be this final weekend, when 1,810 homes will go under the hammer, including 1,735 on the Saturday, and 75 on Sunday. This would break the previous record of 1,740 weekend auctions for the week ending October 26, 2014.
In all, 1,850 homes will go to auction this week, capping off a strong spring selling season.
REIV CEO Enzo Raimondo said it has been a remarkable year for the state’s property sector, particularly in Melbourne, in a year in which:
More homes have gone to auction than ever before: 37,700 across the state in the year to 23 November, 5% above the same period last year;
Auctions in outer suburbs, previously the domain of private sales, continued to grow, following a trend that started in mid-­2014;
The 2015 auction capital was Reservoir for the third successive year with 624 auctions;
Of the top 10 auction suburbs this year, Glen Iris recorded the highest clearance rate at 85.5%;
Croydon South, with 29 auctions, had a 100% rate.
“Victoria’s buoyant property market has recorded solid price growth over the past year with buyer demand and record low interest rates encouraging more vendors to sell their homes at auction,” Raimondo said.
“High auction numbers are creating unparalleled opportunities for buyers, with multiple auctions held in more than 300 Melbourne suburbs in November.
“Melbourne property buyers are currently spoiled for choice with high auction numbers forecast until mid-­December.”
Auction preview for week ending November 29
<table border="0" cellspacing="1" cellpadding="1"><tbody>
<tr>
<td>Last weekend</td>
<td>1,350 auctions (exc. 31 postponed and 45 withdrawn)</td>
</tr>
<tr>
<td>This weekend</td>
<td>1,850 auctions</td>
</tr>
<tr>
<td>This weekend last year   </td>
<td>66% from 1,399 auctions</td>
</tr>
</tbody></table>
The REIV expects about 1,850 auctions in 367 suburbs this week. The top auction locations this weekend are Mount Waverley (30 auctions), St Kilda (28 auctions) and Reservoir (27 auctions).
The 1,850 auctions scheduled this week is expected to deliver a national record for auctions. 
CoreLogic RP Data have advised more than 1000 properties are scheduled to go under the hammer across Sydney this weekend.
</body></html>

j.ballantyne1990-6AQqhLzZaK

Melbourne caps off big November 2015 auction month with record Super Saturday

<html><body>
A modest late 1950s Harry Seidler-designed home has hit the market on Sydney’s upper north shore at Wahroonga.
The home was designed for the then journalist, turned spiritualist Barry Long and his wife Betty when the couple, with two children, were in their early 30s.
Long, was the last editor of the Truth and became the first editor of the Sunday Mirror during Ezra Norton’s ownership, and was later press secretary to the leader of the opposition, Robert Askin.
But Barry Long quit Sydney on his spiritual journey, selling the house in 1965 after telling his wife at the breakfast table one Sunday morning he was off to India.
<img src="https://cdn.newsapi.com.au/image/v1/6e48363b54cdda593edbecf254f3f19c?width=650" width="650" height="488">
Pictured above Barry Long with his daughter Annette and mother Kathleen.
<a href="https://www.realestate.com.au/property-house-nsw-wahroonga-121336382" target="_blank">Alex Mintorn and Dominic Maxwell of McGrath Pymble</a> have suggested the fourth owner will need to pay $1.45 million plus to secure the home at its December 12 auction.
The three-bedroom, two-bathroom, two-level house on a 898 sqm block comes with a striking original internal feature, the sandstone fireplace.
Agent Alex Mintorn described it has having a “magic feel, especially in the evening”.
The sandstone fireplace lends a “magic feel, especially in the evening”.
The cellar and jacuzzi at the now modernised home were introduced since the property last traded at $719,000 in 2005.
There are plans drawn to extend the Morris Avenue home by Harry Seidler &amp; Associates office veteran Greg Holman. Seidler was considered to be one of the leading exponents of modernism’s methodology in Australia before he died in 2006.
He designed more than 180 buildings, including Blues Point Tower in 1961, courting controversy throughout his long career as he regularly challenged planning authorities and the planning system in Sydney.
The property is on a 898 sqm block.
At Warrawee a recent offering, known as the 1957 Exley house which was being offered by the family of its original owners, sold before auction having been listed at around $2 million.
There was a 1995 Balmain waterfront sale for $5.75 million midyear.
A modernist, Harry Seidler-designed property in Dover Heights was sold in June. The Kalowski House fetched $3.46 million with Seidler’s design including pioneering floor-to-ceiling sliding glass doors along the full width of the northern facade in the 1958 designed home.
However, Thurlow House at Blakehurst struggles to find a buyer.
It has been described as a Mad Men style home, being virtually unchanged since its 1952 construction.
This article was first published in the Sunday Telegraph.
</body></html>

1950s Harry Seidler-designed Wahroonga home hits the market

<html><body>
Television executive producer Nick Murray and his wife Lizzy pulled their Federation-era Centennial Park home from last weekend’s intended auction.
It was offered with $7.5 million plus hopes through McGrath agent Ben Collier.
It has been updated since they bought <a href="https://www.realestate.com.au/property-house-nsw-centennial+park-121107166" target="_blank">the five-bedroom home on Robertson Road</a> in 2009 for $5.81 million from fund manager Neil Carter and his wife Alison.
The Murrays intend to spend more time planting vegies and raising chooks at Scribbly Gums, the Berrima property they bought for $1.8 million last year, since their children have finished school.
Nick is the managing director and co-owner of Cordell Jigsaw Zapruder. Its shows include Bondi Rescue and The Checkout.
</body></html>

Latest Buying Insights

The inflation result the property market was waiting for

Editor's Picks

Developments

New apartments

New townhouses

News

Latest Buying Insights

The inflation result the property market was waiting for

Editor's Picks

Receive the latest news stories to your inbox

Developments

New apartments

New townhouses

News