Sydney developer&nbsp;<a href="https://www.apartments.com.au/developers/central-element">Central Element</a>&nbsp;is doubling down in Drummoyne, lodging plans for a boutique apartment development on St Georges Crescent, only one-kilometre down the road from its first Drummoyne development, Bianca.

The new project at 15A-21 St Georges Crescent,&nbsp;a&nbsp;1,701sqm north-facing site overlooking Iron Cove, will have 45 apartmnts across 10 levels. Eight of the units will be dedicated to affordable housing.

The site sits within walking distance of Drummoyne Village, Birkenhead Point, ferry services and the Bay Run, and offers harbour views towards the Sydney Harbour Bridge and CBD skyline.

Designed by MHN Design Union, the development will deliver a mix of one, two and three-bedroom apartments, alongside resident amenity including a gym, landscaped communal open space and three levels of basement parking.

The project has been lodged under the NSW Government's Low and Mid-Rise Housing reforms, with Drummoyne Village identified as a town centre capable of accommodating additional housing supply.

Central Element acquired the site earlier this year as part of its continued expansion across Sydney's eastern suburbs, lower north shore and inner west.

The developer's current pipeline includes luxury apartment projects Pearl Bondi and a separate development on Lamrock Avenue in Bondi, a residential project in Barry Street, Neutral Bay, and a mixed-use seniors living community in Greenwich.

Central Element Managing Director Nathan Chivas said the project would address a shortage of new owner-occupier housing opportunities in Drummoyne.

"While we're seeing a significant shift across Canada Bay as major infrastructure investment, population growth and planning reform drive a new chapter for the region, in suburbs like Drummoyne there remains a genuine shortage of new boutique luxury housing opportunities for owner occupiers," Chivas said.

"Sites of this nature are increasingly difficult to secure, particularly those that combine a north-facing aspect with direct water outlook. Our St Georges Crescent project responds directly to the market demand, offering a level of exclusivity, outlook and lifestyle in the highly sought after suburb."

The development application has been lodged with the City of Canada Bay Council, with the project expected to launch to market in early 2027.

&nbsp;

Joel Robinson

Central Element seeks second Drummoyne apartment development

The NSW Government has unveiled plans that could deliver around 1,300 new homes across Nowra and Kiama, continuing its push to unlock housing in well-located regional centres along the South Coast.

The proposals, now on public exhibition, would pave the way for around 830 homes in Nowra and a further 450 homes in Kiama, while also introducing affordable housing requirements and increased building heights in key locations.

The larger of the two proposals is centred on Nowra, where the NSW Government is seeking to rezone land within the Mandalay and Riverfront precincts.

The Mandalay sub-precinct, located close to Shoalhaven Memorial Hospital, Nowra Library and the city's aquatic centre, could accommodate around 530 new homes. Around 30 per cent of housing delivered on Homes NSW-owned land would be dedicated to social and affordable housing, equating to roughly 100 homes. Building heights would increase from the current two-storey limit to between three and six storeys.

A separate rezoning proposal for the Nowra Riverfront Precinct would unlock a further 377 homes while creating stronger connections between the Shoalhaven River and the CBD. The plans include building heights ranging from five to 12 storeys, floor space ratios of up to 2:1 and a requirement for two per cent affordable housing.

Together, the two proposals would deliver more than 900 homes across the broader Nowra area, reinforcing the city's role as one of regional NSW's key growth centres.

The housing push builds on previous infrastructure commitments in the Shoalhaven, including government funding aimed at supporting thousands of future homes in West Nowra through upgrades to water and wastewater infrastructure.

Further north, the NSW Government is also progressing plans for the former Kiama Depot site, a two-hectare parcel near Kiama's town centre.

The rezoning proposal would transform the former industrial site into a residential community capable of delivering up to 450 homes. Buildings would range between six and eight storeys, with at least 10 per cent of homes allocated as affordable housing. The proposal also includes approximately 600 parking spaces and improved walking and cycling connections.

Planning Minister Paul Scully said the proposals are designed to increase housing supply in locations close to jobs, transport and services.

"For too long, families have struggled to find somewhere to live, and activating underutilised sites allows us to deliver the new homes these families need," Scully said.

"The Minns Labor Government is getting on with the job of unlocking well-located sites close to transport, jobs, and town centres and building the homes our communities need.

"These rezonings are about removing barriers to housing delivery and making sure land is put to better use so more people can find a place to call home within the communities they choose."

The latest rezonings form part of the Minns Government's broader strategy to accelerate housing delivery across NSW, particularly in established centres where existing infrastructure can support additional population growth.

Community consultation on the proposals is now underway, with feedback set to inform the final planning controls before the rezonings are determined.

Around 1,300 new homes earmarked for Nowra and Kiama as NSW Government pushes housing supply

<a href="https://www.apartments.com.au/developers/mrcb">MRCB International</a> has commenced construction on its latest Gold Coast apartment development, Maris, on the site of the former Sundale Motel in Southport.

The start of construction by <a href="https://www.apartments.com.au/builders/binah-constructions">Binah</a> follows an exceptionally strong sales campaign, with more than 90 per cent of apartments sold since launch. Every purchaser has been local, an&nbsp;indicator of confidence in both the development and Southport's evolution into a thriving CBD.

<a href="https://www.apartments.com.au/new-apartments/maris-southport-20-queen-street-southport-qld-4215">Maris</a> will deliver 192 residences across 20 levels. The project forms part of MRCB's Australian and New Zealand development pipeline now exceeding $1.6 billion in gross development value, alongside a growing portfolio of projects globally.

[smartcode_project:default project_id=134403 project_image_fid=350663]

The company also commenced construction on its $600 million 26 Vista residences in Surfers Paradise last year, following strong sales momentum, with over 70 per cent of residences sold.

Maris has been designed to meet evolving buyer demand, offering architecturally designed layouts suited to long-term liveability. The approach reflects a growing preference for quality and adaptability among Gold Coast buyers.

Positioned next to the Broadwater in the <a href="https://www.apartments.com.au/developments/southport-qld-4215">Southport</a> CBD, Maris sits directly opposite the Broadwater Parklands light rail station and within easy reach of retail, dining and lifestyle precincts, placing residents at the centre of one of the Gold Coast's most connected and rapidly maturing urban centres.

[smartcode_project:default project_id=134403 project_image_fid=372756]

Maris will offer a full suite of resort-style residential amenities, including a pool, gym and sauna, along with a rooftop level featuring decks, lounges and dining and yoga areas that command sweeping views across the Broadwater and out to the ocean.

Binah, a New South Wales headquartered company co-founded by Amen Zoabi and Khalil Hafza in 2008, has expressed its excitement at establishing its first partnership with MRCB.

Binah's Managing Director Khalil Hafza said partnering with MRCB on Maris is a significant moment for Binah.

"MRCB's financial strength and a track record that speaks for itself give this project a solid foundation, and this marks the beginning of what will be a long and successful relationship.

"With the right people, systems and partnerships behind it, Maris is set to become a significant addition to the Gold Coast's premium residential market."

[smartcode_project:default project_id=134403 project_image_fid=350664]

MRCB International CEO Ravi Krishnan said the project's progression to construction reflects both sustained demand and tightening conditions across the apartment sector, as well as MRCB's continued confidence in the Gold Coast market.

"Commencing construction at Maris is a significant step and reflects the depth of demand for quality apartments in well-connected urban locations," said Krishnan.

"Across Southeast Queensland, new apartment supply remains constrained, particularly in established precincts with infrastructure and amenity already in place. Projects like Maris are increasingly critical in meeting that demand, especially on the Gold Coast and in the city's CBD precinct."

[smartcode_project:default project_id=134403 project_image_fid=372761]

Krishnan said Southport's ongoing transformation, supported by infrastructure investment and long-term planning, was underpinning renewed buyer confidence.

"We're seeing a clear shift back towards well-located urban centres where infrastructure, connectivity and amenity are already established," said Mr Krishnan. "Southport is evolving into a more mature CBD environment, and that is being reflected in buyer behaviour."

Construction at Maris is anticipated to be completed in 2029.

[smartcode_project_cta:default project_id=134403]

Construction commences on MRCB’s $200m Maris Residences in Southport

Moonee Valley Park’s latest residential release <a href="https://www.apartments.com.au/new-apartments/the-eveline-at-moonee-valley-park-moonee-ponds-100-thomas-street-moonee-ponds-vic-3039">The Eveline</a>, has achieved a new benchmark for off-the-plan apartment sales in the suburb, with the sale of The Alexandra penthouse selling for $5,435,000.

Positioned on the top floor of a 16-level residential building, the three-bedroom, three and-a-half-bathroom penthouse features uninterrupted city skyline views across the future Valley racetrack.&nbsp;

The landmark sale comes as momentum at the precinct continues to build, with the Moonee Valley Racing Club progressing works on its new racetrack ahead of the 2027 Cox Plate. The transformative development will see MVRC reimagine the beloved Valley as a vibrant year-round entertainment and lifestyle destination.

Alongside a world-class racing experience, the historic precinct will be activated with events, hospitality and public green spaces designed to attract broader audiences, while breathing new life into one of Melbourne’s most iconic destinations.&nbsp;

[smartcode_project:default project_id=142519 project_image_fid=372786]

Development partners <a href="https://www.apartments.com.au/developers/hamton">Hamton Property Group</a> and Hostplus have delivered five residential stages over the past four years, the most recent in November 2025 with Trackside House and Stonepine House. The flourishing community is now home to almost 500 families.&nbsp;

The latest residential release, The Eveline, has recorded strong demand since launching publicly last July, securing more than $200 million in sales to date, satisfying its pre sales hurdle for construction to commence.&nbsp;

Hamton Founder and Executive Chairman, Paul Hameister OAM said, the sales&nbsp;team have been overwhelmed by demand for these unique homes in this unique project.

"Buyers continue to be predominantly hyperlocal and attracted by the 40 hectare botanic masterplan in Melbourne’s inner north west," Hameister said.

[smartcode_project:default project_id=142519 project_image_fid=372788]

Hamton’s Sales and Marketing Director Fergus Humphries said the team has achieved more than 70 sales over the past eight weeks, including the penthouse purchase by a local buyer.

"These results reinforce that, even in a challenging market, purchasers continue to be drawn to quality projects that offer more than just a home, they offer a lifestyle.”

Designed by Cera Stribley, the penthouse has been created with entertaining in mind, spanning close to 400 sqm of indoor and outdoor living space, including multiple terraces designed to capture sweeping views across Melbourne’s skyline, the new Valley racecourse and sunset views over Moonee Ponds.

Moonee Valley Park is one of Melbourne’s largest urban renewal projects, transforming the iconic racecourse site into a vibrant mixed-use neighbourhood integrating homes, parklands, retail, racing and community amenities.

[smartcode_project_cta:default project_id=142519]

Moonee Valley Park penthouse sets suburb record as sales surge clears construction benchmark

A company linked to one of Australia's largest privately owned cattle businesses has lodged plans for a new residential tower in <a href="https://www.apartments.com.au/developments/newstead-qld-4006">Newstead</a>, continuing the rapid transformation of one of Brisbane's most sought-after, inner-city precincts.

Bottletree Holdings, an entity associated with Stanbroke Managing Director Brendan Menegazzo, has submitted a development application for a 28-storey mixed-use tower at <a href="https://www.apartments.com.au/new-apartments/9-longland-street-newstead-qld-4006">9 Longland Street</a>, a site that made headlines last year when it changed hands in an off-market transaction that reportedly set a benchmark land rate for the suburb.

The proposal would replace an existing two-storey commercial building on the 1,510 sqm corner site with a Bureau Proberts-designed tower comprising 76 apartments, ground-floor retail, office space and a suite of resident wellness amenities.

<img alt="9 Longland" data-entity-type="file" data-entity-uuid="c710a836-568e-4382-bc91-3c34b8e80a8b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-22%20at%209.41.45%E2%80%AFAM.png?VersionId=Vy.mQWBc7GA_a.vIBdxKqRC9XGjWalo2" />

According to planning documents lodged with Brisbane City Council, the development would comprise a mix of 36 two-bedroom apartments, 24 three-bedroom apartments and 16 four-bedroom residences, positioning the project firmly at the premium end of the market. The apartments would sit above a podium containing retail and commercial space, with three levels of communal recreation facilities spread throughout the tower. The proposal also includes 198 car spaces and 95 bicycle spaces.

Bureau Proberts has drawn heavily on Newstead's industrial heritage in developing the architectural response.

"Occupying a prominent corner in the heart of Newstead, the proposal draws from the area's industrial lineage of robust brick warehouses to deliver a distinctly contemporary response," the architects said in the design statement.

"It is conceived as a subtropical sanctuary and elevated private retreat embedded within one of Brisbane's most vibrant lifestyle precincts."

The design seeks to reinterpret the traditional Queensland vernacular through wraparound verandahs, deep shading elements and permeable facades that respond to Brisbane's subtropical climate.

<img alt="9 Longland" data-entity-type="file" data-entity-uuid="25524f59-395c-4825-8fad-9b639822fa8a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-22%20at%209.42.09%E2%80%AFAM.png?VersionId=dlWlbpCc_g3Y6yTLGqRVKvGJvO2ubMJ3" />

Planning documents describe the building as embodying the principles of "buildings that breathe", a design approach increasingly favoured in Brisbane's apartment market as developers focus on natural ventilation and outdoor living spaces.

The tower itself would rise above a heavily landscaped podium designed to reference the woolstore architecture that helped define Newstead and neighbouring Teneriffe for generations. At ground level, fine-grain retail tenancies would activate Longland Street, Wyandra Street and the existing Wyatt Street laneway, further extending the pedestrian network that has become a hallmark of the Gasworks precinct.

The application notes that more than 54 per cent of the site would be dedicated to landscaping and deep planting, while approximately 1,750 sqm of communal recreation space would be delivered across multiple levels.

<img alt="Planning" data-entity-type="file" data-entity-uuid="fed3b189-1054-4b68-af5f-b0befc4a66e5" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-22%20at%209.42.19%E2%80%AFAM.png?VersionId=gqeE3cjsbnLAfeTUKA1HtPZfqDs6S4Xa" />

Bottletree paid $22 million for the 1,510 sqm development site, equating to more than $14,500 per sqm, a reflection of the strong demand for development opportunities in Newstead. The suburb continues to attract both developers and buyers, underpinned by the ongoing evolution of the Gasworks and Teneriffe precincts into some of Brisbane's most sought-after lifestyle destinations.

Brisbane City Council's Sustainable Growth Strategy and Inner City Strategy both identify Newstead as a priority growth precinct capable of accommodating additional housing density due to its proximity to employment hubs, public transport and lifestyle infrastructure.

The proposed tower joins a growing pipeline of high-end apartment developments in the suburb. Fortis recently launched <a href="https://www.apartments.com.au/new-apartments/crest-walker-newstead-12-kyabra-street-newstead-qld-4006">Crest &amp; Walker</a>, a 65-apartment owner-occupier-focused development on Kyabra Street, while Consolidated Properties Group is preparing to launch <a href="https://www.apartments.com.au/new-apartments/castile-47-skyring-terrace-newstead-qld-4006">Castile</a>, a 227-apartment waterfront project on Skyring Terrace.

Meanwhile, builder-developer BPG is planning its own Newstead project on Maud Street, comprising just over 100 apartments and more than 1,380 sqm of dedicated wellness and resident amenity spaces, further highlighting the shift towards lifestyle-driven apartment developments in Brisbane's inner-city market.

Newstead apartment boom continues with Longland Street tower plans

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?

Are mortgage holders set to get a reprieve from the RBA in 2026?

Big Four bank NAB believes so. They are now expecting the next move from the RBA to be a cut, rather than a hike, which they had pencilled in for August. They are unsure of the timing of the cut however, they note in their latest&nbsp;NAB Economics RBA Watch.

NAB Chief Economist, Dr Sally Auld, said recent data suggests the economy has lost momentum and the outlook for rates has shifted, noting that the broader economic backdrop has changed since earlier in the year.

“The next move in the cash rate is likely to be down, but the timing is uncertain," Dr Auld said.

"In February, growth was above trend, the economy was operating above capacity and there was uncertainty over the restrictiveness of rates. None of these conditions exist today,” she outlined.

Dr Auld said recent data pointed to softer momentum across the economy while acknowledging that at the same time, uncertainty remains a key feature of the outlook.

“Both Q1 GDP data and the NAB business survey suggest momentum in the economy has slowed, meaning that growth has likely peaked for the cycle. That said, we are cognisant there is still considerable uncertainty around the outlook, both with respect to activity and inflation.”

Dr Auld said inflation risks and labour market outcomes would be important to watch.

“On the prices side, we are still forecasting above target core inflation through to mid-2027. Margins will compress and weaker labour market outcomes are a risk.”

She said tighter financial conditions are expected to weigh on housing and activity.

“Tighter financial conditions will be reflected in a slowing in house price growth and housing credit growth. In summary, we have greater conviction that the next move in rates is down, but less conviction on the timing.”

Mortgage relief? NAB forecasts RBA rate cut, not hike, after softer economic conditions

<html><body>
The winners of the Le marché international des professionnels de l'immobilier (MIPIM) awards were announced overnight at the annual Cannes property exhibition.
The Frasers Property Group-Sekisui House Australia project, One Central Park won the award for best innovative green building in the 2015 awards.
<a href="https://www.mipim.com/?utm_source=clnr-presse&amp;utm_medium=md_emailing&amp;utm_campaign=mipim2015_live_day3_12032015" target="_blank">MIPIM</a> is attended by 21,000 property professionals from across the globe, organised by Reed Midem. Now in its 26th year, 1000 delegates attended the 25th award ceremony, at which 12 awards were granted from 160 plus initial submissions to MIPIM (Le marché international des professionnels de l'immobilier).
The residential towers at Sydney's One Central Park have won many awards since One Central Park was completed in December 2013.
Designed by French architecture practice Jean Nouvel with Australian firm PTW, the skyscraper’s standout feature is its plant covered walls.
<img src="/images/2015/03/13/central%20mar%2013%20on.jpg" alt="">
<a href="https://www.youtube.com/watch?v=L_9h3BDAOZQ&amp;feature=youtu.be" target="_blank">The other finalists</a> up against One Central Park were:
<ul>
<li>Kastelli Community Centre, Lifecycle Project (Oulu, Finland)</li>
<li>Powerhouse Kjørbo (Oslo, Norway)</li>
<li>The Edge (Amsterdam, The Netherlands)</li>
</ul>
Frasers Australia chairman Dr Stanley Quek's vision for Central Park was not just to create great architecture, but also to create a sense of place – a destination for the entire city, where people can say, ‘Let’s meet at Central Park’.
"This is a rare opportunity to design a new neighbourhood from the ground up, on a grand scale, with the future of Sydney in mind,” he foresaw.
In November 2014, One Central Park was declared the Best Tall Building Worldwide by the esteemed Council for Tall Buildings and Urban Habitat, in Chicago.
All photos supplied. Representing the joint venture partners at MIPIM were: 
Ken'ichi Ishida, Sekisui House 
Lisa McCutchion, Frasers Property 
Patrick Blanc
Elisabeth Kather, Ateliers Jean Nouvel, France 
Philippe Stanfield Pinel, Ateliers de Yann Kersale, France Full list of winners is on the next page. Please click below.
<hr class="system-pagebreak">
<img src="/images/2015/03/13/central%20mar%2013%20three.jpg" alt="">
BEST INNOVATIVE GREEN BUILDING One Central Park Sydney, Australia Architect: Ateliers Jean Nouvel Developer: Frasers Property Australia, Sekisui House Australia Other: PTW Architects 
BEST HOTEL &amp; TOURISM RESORT  Center Parcs Woburn Forest Bedfordshire, United Kingdom Architect: Holder Mathias Developer: Center Parcs Other: WTI, Schletterer, Edmond Shipway, PBA BEST INDUSTRIAL &amp; LOGISTICS DEVELOPMENT Würth Svenska AB Örebro, Sweden Architect: White Developer: Würth Svenska AB BEST OFFICE &amp; BUSINESS DEVELOPMENT Selcuk Ecza HQ Istanbul, Turkey Architect: Tabanlioglu Architects: Melkan Gürsel &amp; Murat Tabanlioglu Developer: Selcuk Ecza Holding BEST REFURBISHED BUILDING Dreischeibenhaus Dusseldorf, Germany Investor/Developer: MOMENI Group Developer: MOMENI Projektentwicklung GmbH  Architect: HPP Hentrich – Petschnigg &amp; Partner GmbH + Co. KG Other: Black Horse Investments GmbH (Joint-Venture Partner) BEST RESIDENTIAL DEVELOPMENT Krøyers Plads I  Copenhagen, Denmark Architect: Vilhelm Lauritzen Architects &amp; COBE Architects Developer: NCC Bolig A/S BEST SHOPPING CENTRE Markthal Rotterdam Rotterdam, The Netherlands Architect: MVRDV Developer: Provast Other: Corio (investor market floor), Vesteda (residential investor), Amo Coenen and Iris Roskam (artists art piece) BEST URBAN REGENERATION PROJECT Boulevard Euromediterranée – Marseille’s new waterfront Marseille, France Architect: Ateliers Lion – Ilex – Kern et Associés Developer: Euromediterranée BEST FUTURA PROJECT Cité musicale départementale de l’Ile Seguin Boulogne-Billancourt, France Architect: Shigeru Ban Architects Europe – Agence Jean de Gastines Architectes Developer: Bouygues Bâtiment Ile-de-France Other: OFI InfraVia – Sodexo – TF1 BEST FUTURA MEGA PROJECT New North Zealand Hospital Hilleroed, Denmark Architect: Herzog &amp; de Meuron + Vilhelm Lauritzen Architects Developer: The Project Organization “New North Zealand Hospital” Client : Capital Region of Denmark PEOPLE'S CHOICE AWARD Oxygen Eco-tower Jakarta, Indonesia Architect:  Progetto CMR Engineering Integrated Services S.r.l. Developer/Client : Bimantra Citra  Other: Tecnimont Civil Construction &amp; Permasteelisa Group (project management), Cimolai (construction company), Peia Associati (support interior design concept) SPECIAL JURY AWARD Queen Elizabeth Olympic Park London, UK Architect: Erect Architects with LUC landscape architect, James Corner Field Operations with Make Architects Developer: London Legacy Development Corporation Other : MACE, LDA Design with Hargreaves Associates, Atkins and Arup, Buro Four, BAM Nuttall, Balfour Beatty, Lagan, H. And J. Martin, ISG, Skandska, and Buckingham  
</body></html>

jchancellor-FAypfDUnLy

Frasers-Sekisui House's One Central Park project among the 2015 MIPIM winners

<html><body>
Breen Property will be selling some of the first lots of its highly anticipated stage one at Shearwater Landing by 15 March auction.
<a href="https://shearwaterlanding.com.au" target="_blank">Shearwater Landing</a>, in Sydney’s newest beachside suburb, Greenhills Beach is a masterplanned development with a total of 160 lot sites, in the coastal region near Cronulla.
Stage one will consist of 50 lots, including six iconic Ocean View Lots with auction price guides in excess of $1.7 million. 
<img src="/images/2015/03/13/8x10-Shearwater-20.jpg" alt="">
Nigel Napoli, at Savills Residential Projects, says more than 2,300 enquiries had been received.
“These spectacular, never to be built out lots boast expansive views over the Pacific Ocean and Greenhills Beach, and offer direct access to Don Lucas Reserve and to the water’s edge," said Tom Breen, executive chairman of Breen Property. 
"They are the first truly beachside precincts to be created in the last three decades in the Sydney metropolitan area."
<img src="/images/2015/03/13/home-01.jpg" alt="">
The stage one sales launch will also consist of 44 Hill Side Lots to be launched by private treaty offering on 28 March.
These lots will range in size from 560 square metre to 1,109 square metre.
Greenhills Beach, which is located on the eastern seaboard of the Shire of Sutherland, makes up just one sector of Sydney’s longest continuous surfing beach, encompassing over five kilometres of uninterrupted sand and surf, and extending north from the popular and patrolled Cronulla, Elouera and Wanda Beaches.
The Shearwater Landing site was formerly a Breen Group sand mine. The sand was used in infrastructure such as houses, city buildings and the Sydney Opera House.
Shearwater’s name comes from the Shearwater birds that can be found in the Kurnell Peninsula.
</body></html>

Breen Property offer Shearwater Landing building blocks for auction

<html><body>
The Camperdown warehouse at 31 Australia Street (pictured above) was the week's fourth highest reported at $4,275,000 sale, according to CoreLogic RP Data.
The luxury steel-framed residence was offered by BresicWhitney agent Shannan Whitney, who had given it a price guide of about $3.5 million.
It was sold by Macquarie Bank executive Peter Lucas who bought the holding in 2007 for $1.45 million from property developer and restaurateur father and son team Leon and John Fink.
The design by architect Andrew Vingilis of Corben Architects was completed in 2009.
It bettered Camperdown's $3.65 million high paid late last year for a converted warehouse on Gibbens Street.
CoreLogic RP Data's top 10 home
<ol>
<li>7001/14 The Esplanade, Surfers Paradise, QLD, 4217, four-bedroom unit, sold at auction on March 7 by McGrath Estate Agents for $7 million </li>
<li>10 Mirimar Avenue, Bronte, NSW, 2024, four-bedroom house, sold on March 3 by Phillips Pantzer Donnelley for $5.6 million </li>
<li>55 Darley Road, Randwick, NSW, 2031, five-bedroom house, sold at auction on March 3 by BradfieldCleary Double Bay for $4.7 million </li>
<li>31 Australia Street, Camperdown, NSW, 2050, four-bedroom house, sold at auction on March 5 by BresicWhitney Glebe for $4.275 million </li>
<li>28 Ranelagh Road, Burradoo, NSW, 2576, four-bedroom house, sold on March 3 by Drew Lindsay Real Estate Bowral for $4.175 million </li>
<li>1B Tara Street, Woollahra, NSW, 2025, three-bedroom house, sold at auction on March 3 by BradfieldCleary Double Bay for $3.85 million </li>
<li>25/501 Glebe Point Road, Glebe, NSW, 2037, three-bedroom unit, sold at auction on March 6 by Gavagna Group Stanmore for $3.75 million </li>
<li>47 Glenview Street, Paddington, NSW, 2021, three-bedroom house, sold at auction on March 3 by BradfieldCleary Double Bay for $3.31 million </li>
<li>73 Bannockburn Road, Pymble, NSW, 2073, five-bedroom house, sold at auction on March 4 by McGrath Estate Agents for $3.2 million </li>
<li>21 The Citadel, Castlecrag, NSW, 2068, four-bedroom house, sold at auction on March 3 by Richardson &amp; Wrench Castlecrag for $2.8 million</li>
</ol>
 
</body></html>

Camperdown warehouse conversion sells at $4,275,000

<html><body>
"Sydney needs to slow down," Charles Tarbey, chairman and founder of Century 21 Australasia, said this week in a quarterly market commentary.
Mostly due to supply issues in certain suburbs of Sydney, Charles Tarbey says there has been over-zealous bidding.
"The agents themselves are absolutely shocked at the prices that are coming through," he said.
He said that valuers were "starting to get a bit gun-shy right now".
"I would say that between the valuers and the banks, and the increased prices that sellers now want based on what they are seeing, I think these things will all slow the market down," Tarbey continued.
"I expected that to happen last year, but it didn't, it just kept rolling on.
"I'm trying to talk the heat of the market, but most agents are unfortunately talking it up, and it's very dangerous."
He said stock was starting to climb.
"It’s just not climbing in certain pockets - that's the problem - and these are the pockets that are being reported on, the ones where the TV cameras are watching all of the Asian buyers apparently purchasing property.
"Tie all that together, and you get the absolutely wrong story.
"If you're wanting to buy your first property in Sydney right now, you'd be too scared to go out and look right now, you'd be thinking ‘what's the point’?
"I know this sounds strange coming from a real estate practitioner, but I really hope that they introduce more macro prudential tools - particularly around investment, and certainly around gearing."
</body></html>

"Sydney needs to slow down", FHB's are too scared to look: Charles Tarbey

<html><body>
GUEST OBSERVATION
With enthusiasm for Sydney property seemingly indestructible, a new wave of activity is sweeping through the inner-city. First-timers, changeover-buyers and investors all want a piece of the action. But where will the smart money go?
Sure, we can look at growth rates and rental yields. But above all, there are people — movers and shakers — transforming their neighbourhoods with tomorrow’s must-visit haunts, and propagating new micro-markets along the way. This is where future value will be unearthed, the trick is knowing how to find it.
To get you started, here are three pockets worth getting amongst, and why.
<ul>
<li>Chippendale</li>
</ul>
<div class="aspectRatioPlaceholder is-locked"><img class="graf-image" src="https://d262ilb51hltx0.cloudfront.net/max/937/1*J5V2TUsXtTWPftckGgQ9bA.jpeg" data-image-id="1*J5V2TUsXtTWPftckGgQ9bA.jpeg" data-width="937" data-height="730" data-action="zoom" data-action-value="1*J5V2TUsXtTWPftckGgQ9bA.jpeg"></div>
The area bounded by Broadway, Cleveland, Regent and Abercrombie is seriously on the move.
“If you think of New York’s Chelsea district,” says architect William Smart, “you’ll come pretty close to understanding the pocket of Chippendale anchored around Kensington Street. There is an incredible energy, and a desire for excellence in these parts, it’s extremely exciting.”
Smart should know — he designed the genre-bending White Rabbit Gallery, on neighbouring Balfour Street, as well as the interiors of Jean Nouvel’s Central Park apartment complex. But the most thrilling new development in this precinct is the <a class="markup--anchor markup--p-anchor" href="https://www.theoldclarehotel.com.au/" target="_blank" rel="nofollow" data-href="https://www.theoldclarehotel.com.au">Old Clare Hotel</a> on Kensington Street.
<div class="aspectRatioPlaceholder is-locked"><img class="graf-image" src="https://d262ilb51hltx0.cloudfront.net/max/1200/1*TopE0Mg0Dz0IwlqbONde-g.jpeg" data-image-id="1*TopE0Mg0Dz0IwlqbONde-g.jpeg" data-width="1280" data-height="855" data-action="zoom" data-action-value="1*TopE0Mg0Dz0IwlqbONde-g.jpeg"></div>
The White Rabbit Gallery — Sydney’s home for contemporary Chinese art.
Upping the style ante, the Old Clare bows to the district’s rather raunchy past, while thrusting it into a more glamorous future. Housed in the former Carlton &amp; United Brewery building, the 62-room hotel will not only be a place for visitors to stay, but also a hangout for locals. With a rooftop pool and slick eateries, it’s set to have all the allure of East London’s Shoreditch House, or New York’s Soho House. She’ll be ready to open her doors later this year.
Old Clare hotspots in the making:
<div class="aspectRatioPlaceholder is-locked"><img class="graf-image" src="https://d262ilb51hltx0.cloudfront.net/max/925/1*QX53rUmbHWZymbKGyEVuig.jpeg" data-image-id="1*QX53rUmbHWZymbKGyEVuig.jpeg" data-width="949" data-height="1026" data-action="zoom" data-action-value="1*QX53rUmbHWZymbKGyEVuig.jpeg"></div>
Automata — helmed by Clayton Wells (formerly of Momofuku).
Silvereye — under the control of Sam Miller (formerly of Noma, Copenhagen, World’s Best Restaurant according to the judges at S. Pellegrino).
Kensington Street Social — under the eagle eye of British bad boy, Jason Atherton.
So why should home-hunters care? This food precinct is set to tilt Sydney’s cultural axis towards the inner west. The once uninspiring line between Inner East and West is being reinvigorated.
This is more than the ‘wow’ of new cafes. We’re talking cultural institutions. And that breeds new value.
<ul>
<li>Enmore</li>
</ul>
<div class="aspectRatioPlaceholder is-locked">
<div class="aspect-ratio-fill"> </div>
<img class="graf-image" src="https://d262ilb51hltx0.cloudfront.net/max/1200/1*CA0aTGIizuyzlF8fEMPt-Q.jpeg" data-image-id="1*CA0aTGIizuyzlF8fEMPt-Q.jpeg" data-width="1280" data-height="853" data-action="zoom" data-action-value="1*CA0aTGIizuyzlF8fEMPt-Q.jpeg">
</div>
No longer aspiring to be Newtown, Enmore has stepped out of the shadows. To food critic Terry Durack, Enmore “is increasingly the Brooklyn to Sydney’s Manhattan”. It’s where grit still kicks charm in the ass. Osteria di Russo &amp; Russo has become a nucleus, with the swinging small bar scene giving Enmore wider appeal.
Young Henry’s know all about it, brewing beer at the base of an old grain silo, they’re now part of the area’s proud identity. Their brews are served all across Enmore Road — in pubs with evocative monikers like The Secret Garden or The Stinking Bishop. It’s a neighbourhood in transition, and a place in which to get a toehold now.
“I saw the potential for growth in this neighbourhood,” says Andrei Meintjes, whose Collectika warehouse on Enmore Road showcases the very best of mid-century modern design. “It’s got more grit than the King Street stretch of Newtown.” Plenty of locals would raise a Young Henry’s to that.
<ul>
<li>Erskineville</li>
</ul>
<div class="aspectRatioPlaceholder is-locked"><img class="graf-image" src="https://d262ilb51hltx0.cloudfront.net/max/1200/1*Cwcc2yG_BY4mj1koRg07Hg.jpeg" data-image-id="1*Cwcc2yG_BY4mj1koRg07Hg.jpeg" data-width="3264" data-height="2448" data-action="zoom" data-action-value="1*Cwcc2yG_BY4mj1koRg07Hg.jpeg"></div>
The Imperial Hotel — long-committed to the eclecticism of the surrounding areas.
Erskineville Road village is the poster child for the mid-century Aussie strip mall — an intriguing corridor of ferociously independent businesses that pump the lifeblood into the area.
<div class="aspectRatioPlaceholder is-locked"><img class="graf-image" src="https://d262ilb51hltx0.cloudfront.net/max/1200/1*djr3JlqvWjwqlBI5FXEA8Q.jpeg" data-image-id="1*djr3JlqvWjwqlBI5FXEA8Q.jpeg" data-width="1280" data-height="853" data-action="zoom" data-action-value="1*djr3JlqvWjwqlBI5FXEA8Q.jpeg"></div>
Pure &amp; General — a hub of homely exoticism in an already diverse neighbourhood.
“It’s an interesting neighbourhood,” says Linda Gregoriou, owner operator of Pure &amp; General lifestyle store. “It is right in the process of being gentrified, repurposed with precision and taste.” She points to the council street plantings, the brickwork of the curbs, and the many micro-parks — former block-through properties that have been bequeathed to the Erko Council for public use, as signs of a true community spirit. “It feels like Woollhara, twenty years ago,” Linda says.
But down the road from Erko village, is Swanson Street and its vibrant enclave facing Erskineville Park with its fantastic Aussie Deco stadium. This is where the Swanson Hotel opened just a month ago, the relooking of the old Kurrajong pub. Now all old cigar and cognac tones, it’s gentle manly in the best possible way. An old dog, yet still learning new tricks.
There we have three neighbourhoods on the move. Three diverse ways of living in the city. Three pockets offering new value.
Don’t get caught in the headlights. The energy across inner Sydney is unmistakable, but the smartest buying always takes a little more perception.
<a href="https://www.bresicwhitney.com.au/" target="_blank">BRESICWHITNEY</a> is a boutique real estate group founded in Darlinghurst in 2003.
</body></html>

po-LsXgBTHBmX

Three pockets of Sydney it's worth knowing more about: BresicWhitney

<html><body>
Home values role by 8.5% across the five state capital cities, year on year to the end of February, according to CoreLogic RP Data.
All capital cities recorded a rise in home values. Sydney led the pack with a 13.7% rise year on year, while Perth trailed behind with only a 0.4% gain year on year.
Click charts to open in new window.
<a href="/images/2015/03/02/core-mar-2-seven.jpg" target="_blank"><img src="/images/2015/03/02/core-mar-2-seven.jpg" alt=""></a>
<a href="/images/2015/03/02/core-mar-2-eight.jpg" target="_blank"><img src="/images/2015/03/02/core-mar-2-eight.jpg" alt=""></a>
Source: CoreLogic RP Data
</body></html>

All state capitals record year on year gains: CoreLogic RP Data

<html><body>
Lend Lease's Toorak Park development set to launch in Armadale
<a href="https://www.toorakpark.com" target="_blank">A luxury residential apartment development </a>named Toorak Park is coming to Melbourne's Armadale.
The 2.5 hectare site beside Toorak Park will hold 448 apartments and 18 townhouses, designed by Denton Corker Marshall and Carr Design Group. The 16 building project, developed by Lend Lease, will feature landscape architecture by Tract, with open space making up a third of the project.
According to Denton Corker Marshall director John Denton, the practice took its cues from its local surroundings.
"We looked at the Beatty Avenue shops on one side of the lines and saw we could create a place with its own character on the other side," Denton said.
"We wanted to build a village within a village.
"We sought to open up access to the railway station and Beatty Avenue from Orrong Road by creating a central boulevard that is, in effect, a new leafy road in Armadale. The newest area in the neighbourhood will connect with one of the oldest."
The Toorak Park project will include a publicly accessible boulevard with direct access to Toorak railway station.
Lend Lease's national head of Apartments Ben Christie said the site was one of the best qualities of the project.
"Toorak Park is in a fantastic location, where residents can enjoy the local amenities, transport or proximity to the city," said Christie.
"It's also one of the few blue-chip inner-city suburbs in Melbourne where people can live in the heart of a vibrant community but still enjoy a relaxed suburban lifestyle where locals know their name."
One, two and three bedroom apartments are available. One bedroom apartments will range from 55 square metres to 88 square metres, two bedroom apartments are sized from 75 square metres to 107 square metres, and three bedroom apartments range from 115 square metres to 148 square metres.
Toorak Park will have a bluestoned plaza with a convenience store and cafe, as well as communal gardens.
The $500 million project has reportedly faced opposition from the local council and community since the site was purchased in 2009, with a legal battle in the Supreme Court of Victoria, reports the <a href="https://www.afr.com/p/business/property/lend_lease_battle_launch_ritzy_armadale_FbvzOfhAgJ5nz0K1ecJpdJ" target="_blank">Australian Financial Review.</a>
The project is expected to be completed in 2018, with a display suite opening in late March.
</body></html>

jrichardson-uRX5hFdKfN

Lend Lease's Toorak Park project coming to Armadale

<html><body>
We all take for granted that any new apartment project or housing estate will have the essential services of water, sewerage and electricity, the vast majority of buyers would not even question this fact.
But what about telecommunications infrastructure? Can we provide the same level of service guarantee?
I recently came across a quote that I recall went something like this: “ The availability of internet connection is as important as food and air in this era.”
With this declaration fresh in my mind I was recently walking through a shopping centre in the midst of one of the most densely developed areas of inner Sydney. All around me there were various cafes and casual seating areas full of people using mobile phones, tablets and computers.
Not just a few, but almost everyone, and a big number of people were also on Skype having long, almost like a face to face conversation as they had a coffee or simply sat in the public spaces to communicate with family and friends. Among all of this activity there were a large number of people on several mobile devices, they were clearly working in a very concentrated way, checking figures, placing orders, doing a great deal of productive work.
The café and mall now looks more and more like the workplace of today, these areas are always busy, always full of residents and visitors. In the 1700s the Industrial Revolution brought about a trend towards city living, which today is reaching its climax.
In the midst of the Communications Revolution, it has been predicted that by 2050 as many as 75% of us will live in cities, by contrast in 1900 the figure was only 10%. Alongside this mass movement of population, there will be pressure on housing, but alongside that there will be comprehensible pressure to deliver reliable communications, but more I suggest cutting edge communications will be needed if not demanded by everyone.
Good Enough is Not Good Enough and Who Pays
Generally today, most if not all new apartments are equipped with high-speed internet services, some older buildings may lag the trend and in some areas there may be a reliance on wireless technology.
However like the exchange of goods and services that was newly prevalent in the 1700s, today all communications and commerce, in fact our entire way of life and economy is connected 24/7. As urban density increases, the delivery of reliable telecommunications is vital, it is exactly just like the need for air and food.
But in the midst of such obvious need and demand are we doing a good job, is this vital infrastructure being delivered on-time, at a reasonable cost to developers and consumers. The role out of the NBN is an ongoing task for private enterprise and a key responsibility for government and for planners and it’s now a fundamental factor for the development industry.
Home buyers moving into a new estate or a new apartment building in any location across Australia, expect, and should have access to the best telecommunications. High-speed internet for example is no longer a novelty, not in 2015.
In a recent Property Council submission the Residential Development Council responding to the federal government’s release of its new developments policy made a number of very clear and what I think were worthwhile points. Key among which was the negative impacts on affordability that could flow from some of the policies outlined in the government’s policy.
The issue relates to the ‘fairness’ of asking home buyers, who already pay as much as $90,000 in Sydney and $80,000 in Melbourne and $60,000 in Brisbane, to pay still more money towards telecommunications infrastructure. Given how essential modern communications are today I agree with the Council when it says that critical communications infrastructure needs to be delivered in a timely, equitable and cost-effective way, avoiding extra charges and additional planning delays.
Personally I would think that the majority of people sitting in the cafes, I mentioned earlier would expect nothing less.
</body></html>

pchittenden-eLqUUC8TWW

Telecommunications infrastructure is an essential ingredient of any new development

<html><body>
GUEST OBSERVATION
Located just 11 kilometres south-east from Melbourne’s CBD, affluent Caulfield is one of Glen Eira’s most popular suburbs.
Bounded by Orrong Road, Dandenong Road, North Road and Booran Road, Caulfield offers a vast number of amenities to its 32,000 residents.
With a strong reputation for being one of Melbourne’s most desirable middle class suburbs, leafy Caulfield attracts a culturally diverse population.
Being a major transport interchange, Caulfield boasts excellent public transport links - ideal for residents who commute into the city for work. Meanwhile, the area’s numerous prestigious and wel -regarded schools including Caulfield Grammar, Wesley College, Caulfield High and Leibler Yavneh College; makes the area popular among families with children. Due to its proximately to Monash University’s Caulfield campus, the area is also popular with students.
For shopping, residents tend to flock to nearby Glenhuntly Road in Elsternwick, which offers a number of international delis and Jewish bakeries as well as the popular Eco’d outlet - a haven for fashion enthusiasts looking for trendy international labels.
With the introduction of a number of new gourmet eateries in recent years, the area has been placed on Melbourne’s gastronomy circuit. For the perfect cold-drip brewed latte and Reuben sandwich, locals head to Einstein’s 251 on Hawthorn Road while Tuck Shop Takeaway, a modern take on an old-fashioned burger joint, has proved to be hugely popular with locals and visitors alike. In nearby Ripponlea resides Attica, Australia’s most awarded restaurant. 
Caulfield Park is the perfect setting for families and fitness lovers. Residents can often be found jogging around its border, enjoying a personal training session, or using one of the three children’s play areas. The park also is home to a number of sporting clubs and playing fields.
A host of options are available with regards to property types in Caulfield. The suburb is divided into three different areas, Caulfield North, Caulfield and Caulfield South. Caulfield North, being one of the most affluent locales, is known for its grand Victorian mansions, tree-lined streets and tranquil family feel. In more recent times, a number of apartments have been built in the area which tend to be occupied by young professionals.
Caulfield and Caulfield South are popular areas for young families, in particular those who have been priced out of the surrounding suburbs. In terms of accommodation types, these areas contain a number of town houses, Californian bungalows and Edwardian homes. Apartments are also plentiful here.
Given the area is divided into three parts, property prices vary from one locale to another. For example, in Caulfield South the average property price is around $1,125,000 for a house and $600,000 for a unit or apartment. Whereas in Caulfield North, an entry-level family home is upwards of $2,000,000.
As with many other suburbs that offer close proximity to the city, there is a high demand for housing in the area. In light of this, Caulfield offers excellent potential for capital growth, with annual price increases of around 5%. Renters make up around 30% of people residing in the area; tending to choose the suburb for its excellent transport links to the city, large family friendly blocks of land and proximity to Monash University’s Caulfield campus.
With that said, the vast majority of people living in Caulfield North are owner occupiers as property types in this area are predominantly luxury homes. In Caulfield and Caulfield South, rental properties fetch an average of $600 per week for a house and $395 per week for a unit or apartment.
For those looking to buy, Caulfield ticks all the boxes. Good schools, great transport links and large blocks of land make it the ideal place for affordable inner-city living.
Alex Flamm is director of <a href="https://www.hodges.com.au/hodgescaulfield" target="_blank">Hodges Caulfield</a>.
Photo courtesy of Stephen Edmonds/<a href="https://creativecommons.org/licenses/by-sa/2.0/" target="_blank">C.C. BY 2.0</a>.
</body></html>

Caulfield - a diverse, well connected suburb: Hodges' Alex Flamm

<html><body>
GUEST OBSERVATION
Often cited as one of the best areas to live in Melbourne, Bayside’s suburbs are an idyll of picturesque coastlines and quality residential zones.
Stretching 17 kilometres around Port Phillip Bay, the area is within close proximity to both the beach and the CBD, making it a popular choice for home buyers. Coupled with education opportunities, shopping strips and good capital growth on property investments, Bayside offers a lifestyle that is hard to surpass.
Property prices in the area have been strong for a long time and continue to gain momentum. A number of factors help to support the property market when it comes to real estate in the area.
<ul>
<li>Location, location, location</li>
</ul>
The Bayside region features a number of good private schools and excellent public primary schools making it a natural choice for those looking to raise a family. However, it is not just families that are attracted to the area.
Bayside’s good transport links and close proximity to the CBD make it popular among people who commute into the city for work.
Other attractive lifestyle factors include each suburbs village like setting - including low rise shopping strips, trendy cafes, green spaces and exceptional sporting facilities.
<ul>
<li>Good investment</li>
</ul>
Property prices across all Bayside suburbs have remained strong. The median property price for a house in Brighton is $1,635,000 and $720,000 in Mentone.
All of Bayside’s suburbs are considered to be high demand areas, with the number of people viewing each listed property higher than the state average.
The area also remains a popular choice for investors looking to purchase rental properties - with almost 22% of the region’s residents living in rented accommodation. The median rent across the Bayside precinct is $600 per week for a house and $400 per week for a unit. Both have a median rental yield of around 4%.
<ul>
<li>
Variety 
</li>
</ul>
Bayside is home to some of the most desirable property types in Melbourne. The area sees a host of different property styles in each suburb and with such variety, there tends to be something to suit all budgets.
Much of the traditional architecture is well preserved across the region and each area has a slightly different style and price bracket.
Brighton is one of the most affluent Bayside suburbs and the property on offer reflects this. The area has a number of larger traditional homes and mansions and in recent times has experienced an influx of luxury developments.
Property prices in Beaumaris vary and the area is popular for its large blocks of land and traditional Beaumaris style homes.
Sandringham is home to a number of Edwardian style properties and California bungalows.
Mentone is one of the most affordable Bayside suburbs - buyers can purchase modern townhouses and as units here among other styles.
Bayside will continue to be a good choice for buyers looking for a good investment.
The demand for rental properties and home ownership in the area continues to grow as do developments.
Paul Bond is a director of <a href="https://www.hodges.com.au/" target="_blank">Hodges Real Estate Sandringham</a>.
</body></html>

Latest Buying Insights

Mortgage relief? NAB forecasts RBA rate cut, not hike, after softer economic conditions

Editor's Picks

Developments

New apartments

New townhouses

News

Latest Buying Insights

Mortgage relief? NAB forecasts RBA rate cut, not hike, after softer economic conditions

Editor's Picks

Receive the latest news stories to your inbox

Developments

New apartments

New townhouses

News