An entity directed by HSN's Rafi Assouline and Rebel Property's Allen Linz has filed plans for an impressive new precinct in Woolloomooloo.

The major mixed-use development would transform a prominent William Street site into a new residential village anchored by affordable housing and a large public park.

The proposal, submitted as a State Significant Development Application, covers 164-172 and 174-194 William Street, a 6,398 sqm site between Forbes Street and Dowling Street on the southern edge of Woolloomooloo.

Designed by fjcstudio in collaboration with Bangawarra, Studio Bright and Tribe Studio Architects, the scheme would deliver 227 apartments across four residential buildings ranging in height up to 18 storeys, alongside retail space, public domain improvements and a new publicly accessible park.

<img alt="Rebel" data-entity-type="file" data-entity-uuid="0eb59b7c-914a-4a5c-b849-3a56749f5e93" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-12%20at%2011.18.51%E2%80%AFAM.png?VersionId=mxM6EEqeoLjrCiTlCzTKTvzpKuh6kSkH" />

It's another design scheme for Rebel, who took <a href="https://www.apartments.com.au/news/nsw/first-look-rebel-property-group-takes-woolloomooloo-precinct-to-nsw-government">concept plans to the NSW Gov late last year</a>.

The latest plans will be a mix of 167 build-to-sell apartments and 60 affordable apartments, with the affordable housing component representing 15 per cent of the project's gross floor area. The apartment mix includes 12 one-bedroom, 53 two-bedroom, 89 three-bedroom apartments and 13 penthouses, while the affordable housing component would comprise 42 one-bedroom and 18 two-bedroom apartments.

<img alt="Rebel" data-entity-type="file" data-entity-uuid="3b3d4553-8a8c-4af5-aa8c-519ffb1e28c6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-12%20at%2011.20.12%E2%80%AFAM.png?VersionId=_Yb6ibN7eDnOtQjCNDK2eviORa4qzgv." />

Rebel Property is seeking to take advantage of the NSW Government's infill affordable housing bonus provisions under the Housing SEPP, which provide additional floor space and height in exchange for the delivery of affordable housing for a minimum of 15 years. The planning pathway allows a 30 per cent increase in floor space ratio and building height where 15 per cent of the development is dedicated to affordable housing.

&nbsp;

At the centre of the development is a 1,356 sqm sunlit public park designed to become a new community gathering space at the gateway to Woolloomooloo. The park would be complemented by a network of pedestrian laneways connecting William Street with the surrounding streets, improving permeability through what is currently a largely impermeable block.

<img alt="Rebel" data-entity-type="file" data-entity-uuid="257af931-a393-4007-8c6d-7219796df58d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-12%20at%2011.20.51%E2%80%AFAM.png?VersionId=KAHy94GrhaReFsWTGDKfy39EDJ8gEEv4" />

The design team says the public domain has been heavily influenced by the site's topography and Aboriginal cultural heritage, drawing on the escarpments, gullies and landscape characteristics that historically defined the area before urbanisation. The landscape design has been developed in partnership with First Nations consultancy Bangawarra.

The project would be delivered across four separate buildings. The William Street East and William Street West buildings, designed by fjcstudio, would contain the majority of the apartments. Melbourne-based Studio Bright has designed the Forbes Street building, while Tribe Studio Architects is responsible for the Dowling Street building.

Rebel had secured approval for the concept plans late last year.

Joel Robinson

First look: HSN, Rebel, advances Woolloomooloo precinct plans

A locally heritage-listed furniture showroom on Water Street is set to become the centrepiece of a new mixed-use residential development as local developer&nbsp;<a href="https://www.apartments.com.au/developers/keylin-group">Keylin</a> seeks approval for <a href="https://www.apartments.com.au/new-apartments/lotus-on-water-street-290-water-street-fortitude-valley-qld-4006">Lotus on Water Street</a>, a 15-storey project on the Fortitude Valley side of Spring Hill.

The proposal spans 290 Water Street and 137-141 Warry Street, combining several properties into a 2,869 sqm site that sits between Fortitude Valley, Spring Hill and the rapidly evolving Victoria Park precinct. Keylin's plans would deliver 132 apartments alongside new retail, hospitality and commercial space, while retaining and repurposing the historic Brunswick Home Furnishers Showroom that fronts Water Street.

Designed by <a href="https://www.apartments.com.au/architects/jackson-teece">Jackson Teece</a>, Lotus on Water Street comprises a 12-storey residential tower rising above a three-storey podium and communal rooftop terrace. The development includes 76 apartments classified as multiple dwellings and a further 56 units proposed as short-term accommodation, designed to be flexibly used as either accommodation or permanent residences. The apartment mix comprises six one-bedroom, 54 two-bedroom and 16 three-bedroom homes.

<img alt="First look: Keylin unveils heritage-led Lotus on Water Street tower in Fortitude Valley" data-entity-type="file" data-entity-uuid="9822bb79-6c49-49c9-95ba-319e8c8d81c3" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/fortitude%20valley%20front.png?VersionId=ioW8zbN4UVebbLetTFuv92t.HkdgfR5e" />

Residents would have access to an extensive rooftop recreation level spanning more than 1,200 sqm of communal open space. Plans include a pool, gym, sauna, infrared sauna, yoga area, library, private dining room, barbecue facilities and landscaped entertainment spaces, making the rooftop the project's largest shared amenity offering.

At street level, the proposal focuses on the adaptive reuse of the heritage buildings along Water Street, where 518 sqm of retail and commercial space is planned across shop, office and food and drink outlet uses. A permeable residential lobby would be positioned between the retained heritage buildings, creating a pedestrian connection between the historic streetscape and the new tower behind.

<img alt="First look: Keylin unveils heritage-led Lotus on Water Street tower in Fortitude Valley" data-entity-type="file" data-entity-uuid="269cf3e0-7d13-48bf-a318-05a00deb5c10" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/fortitude%20valley%20podium.png?VersionId=DLXmTCLsp6GOcLpQ0h.0z7wKCw59EhN_" />

The heritage retention strategy is central to the scheme. The development application notes that the Brunswick Home Furnishers Showroom and adjoining heritage buildings will remain, with only non-significant structures on the site earmarked for removal under a previously issued Heritage Exemption Certificate. Levels one and two of the new podium are recessed behind the heritage façades to maintain their prominence within the streetscape.

Jackson Teece has drawn inspiration from the site's manufacturing history when designing the podium. The planning documents state that the façade incorporates perforated metal screening that references the woven and rattan furniture historically produced on the site. Cascading and climbing plants are integrated throughout the podium to soften the building's presentation and screen parking levels behind. The landscape strategy also informs the project's name, Lotus on Water Street, drawing on the historic Spring Hollow waterholes that once ran through Spring Hill and the blue water lilies associated with Meeanjin, Brisbane's traditional name.

The proposal also incorporates the neighbouring property at 141 Warry Street, currently occupied by a healthcare service. The existing building would remain, with nine dedicated parking spaces allocated within the new development to support its ongoing operation. In total, Lotus on Water Street proposes 117 car spaces, including 110 resident spaces and seven visitor bays, alongside 100 bicycle spaces.

<img alt="First look: Keylin unveils heritage-led Lotus on Water Street tower in Fortitude Valley" data-entity-type="file" data-entity-uuid="70cf07bc-4fd8-4e70-92dd-be8b21c4e4f0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/fortitude%20valley%20site.png?VersionId=txlxrJImM0Sm_vTzHVKh5DDUkyL_CiiA" />

The site sits within the Spring Hill East Precinct of the Spring Hill Neighbourhood Plan and is positioned around 650 metres from both Fortitude Valley Station and Exhibition Station. It is also within walking distance of the King Street precinct, Royal Brisbane and Women's Hospital, Herston Quarter and Victoria Park, which is earmarked to become a major venue precinct ahead of the Brisbane 2032 Olympic and Paralympic Games.

Planning documents describe the location as a key gateway between Spring Hill and Fortitude Valley and highlight the area's increasing importance as new transport infrastructure and Olympic-related investment reshape Brisbane's inner north. The development team argues the project will contribute additional housing supply while activating a section of Water Street that has historically received less investment than other parts of the Valley.

Keylin has become increasingly active across Brisbane and southeast Queensland, assembling sites in strategic inner-city locations. They are currently selling and delivering <a href="https://www.apartments.com.au/new-apartments/oria-spring-hill-447-gregory-terrace-spring-hill-qld-4000">Oria Spring Hill</a>, just over 140 apartments due for completion in 2027.

Keylin plans heritage-led Lotus on Water Street apartment development in Fortitude Valley

Roseville is poised for a wave of new apartment development following the NSW Government's rezoning of land around Roseville Station under its Transport Oriented Development program.

The new planning controls have unlocked significant development potential within walking distance of the station, with a number of sites expected to be amalgamated and redeveloped in the coming years as developers seek to take advantage of the increased density allowances.

One of the more restrained developments in the precinct, and set among the first to be delivered having commenced well before the recent changes, is Hyecorp's Juliet. The boutique apartment project is already well under construction and remains on track to welcome residents by the end of the year, offering a markedly different proposition to many of the larger-scale developments now likely to emerge across the suburb.

[smartcode_project:default project_id=7395 project_image_fid=278194]

<a href="https://www.apartments.com.au/new-apartments/juliet-roseville-64-pacific-highway-roseville-nsw-2069">Juliet</a> will comprise just&nbsp;34 one-, two-, and three-bedroom apartments opposite Roseville Station. For Hyecorp, which has delivered projects across Sydney's Lower North Shore for more than three decades, Roseville presented a rare opportunity to address a growing gap in the market.

"<a href="https://www.apartments.com.au/developments/roseville-nsw-2069">Roseville</a> has long been one of the North Shore's most tightly held and desirable suburbs, offering a unique combination of village charm, established greenery, excellent transport connections, and proximity to some of Sydney's best schools and lifestyle amenities," Hyecorp said.

"We recognised a growing demand from local homeowners seeking to downsize without leaving the community they have built their lives around. The location presented a rare opportunity to create homes that cater specifically to that buyer profile."

[smartcode_project:default project_id=7395 project_image_fid=278196]

The six-level development has been designed by <a href="https://www.apartments.com.au/architects/pbd-architects">PBD Architects</a> as a collection of residences that feel more like homes than apartments. The brief centred generous floorplans, abundant natural light, quality finishes, and strong connections to outdoor space.

PBD Architects drew inspiration from Roseville's established garden suburb character, creating a building that sits comfortably within its surroundings rather than dominating them. The architecture incorporates natural materials, soft forms, layered landscaping, expansive balconies, and generous setbacks to strengthen the connection between residents and the suburb's leafy environment.

"The focus was on designing spacious, house-like residences for discerning owner-occupiers and downsizers who wanted to remain on the North Shore without compromising on comfort, privacy, or design," PBD said.&nbsp;

"Every apartment was to feel considered, timeless, and highly functional."

[smartcode_project:default project_id=7395 project_image_fid=278195]

Inside, residences feature engineered timber flooring, stone kitchen benchtops and splashbacks, integrated Fisher &amp; Paykel appliances, ducted air conditioning, and large outdoor entertaining areas designed to take advantage of district and treetop views.

Residents will also have access to a rooftop barbecue and lounge area, alongside practical amenities including parcel lockers, EV charging capability, bicycle storage, a dog wash bay, and a basement car wash facility.

The majority of purchasers so far have been local owner-occupiers from Roseville, Lindfield, Chatswood, Killara, and the broader Upper North Shore, many of whom are transitioning from larger family homes.

"Buyers are looking for spacious, house-like apartments that allow them to downsize without feeling like they are sacrificing comfort or functionality," Hyecorp noted.

"They value large kitchens, generous living areas, ample storage, quality finishes, secure parking, lift access, and low-maintenance living."

[smartcode_project:default project_id=7395 project_image_fid=278204]

Juliet sits directly opposite Roseville Train Station and within walking distance of Roseville Village, while Chatswood's retail and dining precinct is only minutes away. The development is also surrounded by some of Sydney's most established schools, including Roseville College, Ravenswood, Pymble Ladies' College, and Knox Grammar, as well as nearby parklands and golf courses.

Juliet is currently more than 75 per cent sold ahead of its anticipated completion in late 2026.

[smartcode_project_cta:default project_id=7395]

Juliet to sit quietly amid Roseville apartment boom

Sherpa Property Group has unveiled the third instalment of its Flourish series, securing full approval for the two-tower, $500 million Flourish Soleira development in Palm Beach.

<a href="https://www.apartments.com.au/new-apartments/flourish-soleira-1150-1154-gold-coast-highway-palm-beach-qld-4221">Flourish Soleira</a> will rise from a prominent site in the commercial heart of Palm Beach, the long-time home of Cash Converters and a range of local retailers.

The project will introduce a new retail and dining precinct at ground level, beneath 286 apartments.

[smartcode_project:default project_id=150017 project_image_fid=370959]

“We’re very committed to not only providing affordable residential offerings that are much needed in Palm Beach, but also delivering a vibrant new commercial heart that complements the extraordinary growth of the southern Gold Coast,” Sherpa Property Group founder Christie Leet said.

The development will sit under Sherpa's Flourish brand, which is aimed at providing a pathway into the beachside suburb for locals, first-home buyers and downsizers. In a move designed to assist first-home buyers entering the market, Sherpa has reserved all one and two-bedroom, one-bathroom apartments exclusively for eligible first-home buyers.

[smartcode_project:default project_id=150017 project_image_fid=370964]

“Our vision through Flourish is to create a vibrant retail and lifestyle focal point within the Palm Beach centre zone, delivering thriving communities underpinned by lifestyle-rich locations,” Leet said.

“So far, Flourish has been an incredible success, and we hope to carry this momentum as we progress the next two Flourish projects in Palm Beach.”

[smartcode_project:default project_id=150017 project_image_fid=371430]

Located across 1150-1164 Gold Coast Highway and 3 Sixth Avenue, the development will comprise two towers. The northern tower will deliver 154 apartments, while the southern tower will add a further 132 residences, helping address ongoing demand for new apartments in the tightly held coastal suburb.

Flourish Soleira will also feature the most extensive rooftop amenity offering ever delivered in Palm Beach.

The two towers will be connected by a skybridge, with residents gaining access to a rooftop recreation deck featuring a full-width swimming pool, hot and cold plunge pools, wellness spaces, a gymnasium, private dining facilities, massage treatment rooms, barbecue areas, a basketball court, golf simulator, indoor and outdoor dining spaces, sun lounges and extensive landscaping.

LPS Group is expected to start construction later this year.

Sherpa is already well advanced on construction of its debut Flourish project, Flourish Amargo, located just around the corner from Soleira. Meanwhile, Flourish Oasis, positioned opposite Amargo, recently commenced construction and has nearly sold out its collection of 47 apartments.

[smartcode_project_cta:default project_id=150017]

Sherpa unveils $500m mixed-use Palm Beach precinct, Flourish Soleira

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

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>Australian Property Monitors (APM) has released a list of auction results in Adelaide for the weekend of July 20. <a rel="nofollow" href="https://www.homepriceguide.com.au/saturday_auction_results/Adelaide.pdf" target="_blank" style="font-size: 14px;">Click here</a> for the auction results, and click on each street address to see the property's marketing.</body></html>

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APM's Adelaide auction results for July 20 weekend

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The Sydney Olympic Park development is proving to be popular with the first building selling out and the other two buildings receiving strong interest.
Located on Australia Avenue and developed by Ecove and SOPA (Sydney Olympic Park Authority), the three towers will house 823 apartments in total.
<a target="_blank" href="https://www.propertyobserver.com.au/developments/olympic-park-australia-towers-launches-stage-two-after-stage-one-sells-fast-out-of-the-starting-blocks/2012040354146">Australia Towers</a> was the first building to be completed in 2012 and features 216 sold out apartments.
ATII and One Australia Avenue are the final two buildings and are currently under construction.
ATII features 287 apartments across 25 levels and is more than 75% sold.
One Australia Avenue features 320 apartments across 30 levels and is currently 60% sold.
One Australia Avenue will stand 120 metres above sea level, making it the tallest residential building in the inner-west of Sydney.
Olympic Park is a new 640-hectare Sydney suburb about 15 kilometres west of Sydney CBD and became an official suburb in 2009. The locality was part of the suburb of Homebush Bay and was redeveloped for the 2000 Sydney Olympics.
“People appreciate the benefits of being in the sporting and entertainment heart of Sydney, with world-class facilities and cultural events at their fingertips, 430 hectares of parklands and 35 kilometres of bike tracks,” says David Chittenden general manager of Colliers International Residential.
ATII and One Australia Avenue will also boast a mix of 17 retail and commercial suites.
The towers are designed by Bates Smart and will feature an elliptical shape, inspired by the iconic geometry of the nearby stadia.
Around 14,000 people are forecast to be living at Sydney Olympic Park by 2030.
A range of apartments still available in One Australia Avenue include:
One-bedroom apartments ranging in size from 52 square metres to 65 square metres and ranging in price from $534,000 to $690,000.
Two-bedroom apartments ranging in size from 70 square metres to 95 square metres and ranging in price from $575,000 to $845,000.
Three-bedroom apartments ranging in size from 104 square metres to 135 square metres and ranging in price from $795,000 to $1,435,000.
Four-bedroom apartments ranging in size from 133 square metres to 166 square metres and ranging in price from $960,000 to $2.6 million.
Purchaser and successful businessman Lindsay Carrucan bought a three-bedroom apartment in the first building, Australia Towers, and has since bought a second apartment in One Australia Avenue.
“On weekends it can be really peaceful, but whenever there is a big concert or event someone in the building will hold a party where we’ll have something to eat and drink before walking to the stadium or the area,” says Carrucan.
Carrucan says his friends had arranged to stay with him during the State of Origin game.
“The influx of permanent residents has made it a complete suburb,” says Chittenden.
“There is now a real sense of community here, and the lifestyle just keeps getting better.”
ATII has a scheduled completion date of late 2014 and One Australia Avenue has an expected completion date of mid-2015.
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Sydney Olympic Park apartments make it more than sporting and entertainment precinct

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The $233 million redevelopment plans for the Nine Networks headquarters in Willoughby are "slowing chugging away through the process" as the broadcasting giant seeks to adapt to the evolving world of media and move out of the suburbs.
The proposed development of the site is causing a stir among the Willoughby council and local residents.
''The large number of dwellings proposed is likely to have a significant impact on surrounding residents, as well as the Willoughby community in terms of traffic movement and increased demand on public facilities, particularly schools which are already overcrowded,'' said Willoughby Mayor Pat Reilly.
"Having talked to local residents, it is clear that many members of the community are aware of the enormity of the development and its potential impact on the community, while those who have viewed the plans are very concerned," says Reilly.
The proposed plans were available for public viewing at Willoughby Council until May 17 and submissions in regards to the proposal were encouraged.
If more than 25 submissions were received during the public exhibition period, the Concept Plan Aplication would be required to be determined by the NSW Planning Assessment Commission.
Scott Soutar of Nine Network confirmed to Property Observer that there were over 25 submissions and a community briefing is likely to be held.
"The proposed development is just chugging away through the process," says Soutar.
Other broadcast networks such as the Seven Network, Ten Network and the ABC have all relocated their operations from suburban locations to inner city suburbs such as Ultimo, Pyrmont and Eveleigh.
The former Seven Network studio in Epping has since be redeveloped into an 800-dwelling residential development.
Nine Network has produced and broadcasted from its Willoughby campus since 1956.
The proposed redeveloped of the 2.9-hectare site on Artarmon Road comprises of a mixed-use development of predominately residential and a little bit of retail.
<img alt="willoughbyapril15one" src="/images/stories/2013/04/willoughbyapril15one.jpg" width="470" height="274">
The preferred proposed development comprises of six residential flat buildings of 14 to 18 storeys and 25 terrace dwellings – a total of 600 dwellings.
The dwellings will consist of studios and one-, two-, and three-bedroom flats.
The development originally proposed towers up to 20 storeys, however the Department of Planning and Infrastructure had concerns in February 2011.
<img alt="willoughbyapril15two" src="/images/stories/2013/04/willoughbyapril15two.jpg" width="470" height="347">
The Department of Planning and Infrastructure also had concerns about the impact of potential electromagnetic radiation from the existing telecommunications tower, which is owned by Nine, Ten and Seven Networks and is still operational.
<img alt="willoughbyapril15three" src="/images/stories/2013/04/willoughbyapril15three.jpg" width="470" height="295">
The Lend Lease development will join forces with architects SJB and landscaper Jane Irwin.
50% of the proposed development is to be dedicated to communal and public open space, including a village square.
<a href="/news">Willoughby</a> is located 3.2 kilometres from North Sydney.
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Nine Network's redevelopment plans for Willoughby site "chugging along"

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Melbourne’s first inner-city residential development situated within resident only parklands is now underway with Malaysian-based developer SP Setia partnering with Fender Katsalidis Architects and prominent Australian garden designer, Paul Bangay.

Located on 557 St Kilda Road next to Wesley College, the project known as Parque is a 9,000 square metre site with a planned 332 apartments and 6,000 square metres of private parklands with exclusive access to residents.

Inspired by its Victorian-era setting, Bangay blended the contemporary design of the building with the heritage-protected park’s existing 19th Century features, incorporating the 150-year old elm trees and hedges into the development.
“Parque’s entire building has been designed to take advantage of the site’s outlook and proximity to the garden,” said SP Setia Melbourne CEO Choong Kai Wai. “We wanted to provide residents with a beautiful home amongst nature.”

The building will not be short on luxuries, with level eight providing a 25-metre infinity pool and private outdoor lounge to residents and level 11 featuring an outdoor BBQ area, massage room and onyx relaxation room.

At ground level the foyer will provide 24 hour concierge services as well as a personal laundry service and picnic baskets for use in the park.

The project is being marketed by Andrew Leoncelli from CBRE
Parque will have various open plan apartments available for purchase with a one bedroom apartment ranging from 45 square metres to  58 square metres available for $410,313 and a one bedroom apartments with study from 55 square metres to 65 square metres starting at $530,000.

Two bedroom apartments from 66 square metres to 80 square metres starts at $669,222, and three bedroom apartments from 108 square metres to 134 square metres starts at $1.3 million.
<img height="127" width="470" src="/images/stories/2013/07/yieldsbanner.jpg" alt="yieldsbanner">
The 205 square metre penthouse can be purchased for $3.1 million.

The display suite will be open late August.
Construction is expected to commence in mid 2014 and is due for completion in mid-2016.
<img height="57" width="470" src="/images/stories/2013/05/trophyhomesstrapone.jpg" alt="trophyhomesstrapone">
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Fender Katsalidis-designed St Kilda Road trophy apartments to offer residents Paul Bangay-designed private park

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<img src="/images/stories/2013/07/elizabethstjuly17one.jpg" alt="elizabethstjuly17one" width="470" height="250">
At 24 levels high above Sydney's Hyde Park there could be two remarkable penthouse apartments soon boasting panoramic views towards St Marys Cathedral and Sydney Harbour from their amazing infinity pool.
Comprising three generous bedrooms each, the 520 square metre two level penthouse apartments with 63 square metre rooftop entertaining and BBQ area crown the luxury 114 apartment residential tower designed by PTW Architects at 227 Elizabeth Street, Sydney.
There's yet to been Sydney City Council approval for the probable conversion of the existing office building to residential. And the 1976 office block is currently for sale with the mooted conversion a key selling point through Jones Lang LaSalle agents Rob Sewell and Ben Hunter.
Vacant possession is likely to occur between April 2015 and June 2016 for the building which sits on Elizabeth Street with boundaries on Bathurst and Castlereagh streets.
PTW architect Andrew Andersons says the site enjoys the benefit of three street frontages as well as a 25 metre wide sunken garden to the north.
Built as the Aetna Life tower, the building’s design architect was Sir Roy Grounds, Australia’s most celebrated architect of the mid-20th century, best known for his National Gallery of Victoria and Victorian Performing Arts Centre in Melbourne and the Academy of Science in Canberra.
The existing building has an unusual concept designed to maximize the views over Hyde Park and to minimize late-afternoon heat load. 
{yoogallery src=[images/stories/2013/07/july19elizabeth]}
Its floor plate of  1,070 square metres is said to subdivide comfortably into seven apartments per floor, ranging from two to three bedrooms.
Structural engineering advice has confirmed that new penetrations can be made in the load bearing precast concrete walls and that the floor plate can be easily extended to create balconies and winter gardens.
Andrew Andersons says the aesthetic concept of the adaptive re-use scheme is based on the interaction of a transparent glazed skin of frameless glass louvres floating in front of the sculptural concrete mass of the existing building.
"The resultant composition creates a compelling image encompassing five decades of architectural history engendering a sense of authenticity at the “cutting edge”.
"The 3.4 metre floor to floor heights will give generosity of scale to the interiors, rare in new buildings."
And as the building exceeds the height allowed by the Hyde Park solar access plane, the upper levels of the building will enjoy an outlook that can never be repeated.
The existing building comprises a freestanding tower over 24 levels, comprising two levels of basement parking, one level of plant, a two level retail arcade with three street frontages and 19 upper levels of quality office accommodation.
<img src="/images/stories/2013/07/elizabethstjuly17verticle.jpg" alt="elizabethstjuly17verticle" width="470" height="576" style="font-size: 0.8em;">
Its net lettable area is office 15,730 square metres and retail 1,522 square metres,plus 70 car spaces. It has a passing rental profile ($/pa)
for the office $11,087,219 and retail $1,036,809 plus car park income of $457,875. It potential net income fully leased is given as $10,424,935.
<a href="https://rca.joneslanglasalle.com.au/property-offices-nsw-sydney-500763983" target="_blank">Offers close with JLL on August 8</a>.
It last sold for $113 million in 2007.
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Nothing grounded about the mooted 227 Elizabeth Street, Sydney penthouse infinity pools

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“Hysteria” about Australian housing being overvalued is spooking institutional investors from investing in much needed new housing, says Rismark economist Christopher Joye.
Joye says contrary to what’s being said by some in the media, housing in Australia is not overvalued.
Delivering a presentation titled “Australia’s Broken Housing Model” at the recent HIA Housing Summit which highlighted a serious undersupply of new homes to meet population growth, he said current housing valuations could be explained by market fundamentals with “dire predictions never remotely coming to pass”.
Joye pointed out that  peak-to-trough fall in housing values during the GFC were less than 5% and provided the following graph to show historical valuations of property.
<img src="/images/stories/2013/larry_uploads/chris_joye_YBR.jpg" width="470" height="301" alt="chris_joye_YBR">
“Since 2003 house prices have tracked disposable incomes…as an asset-class, housing has been a very safe store of wealth,” said Joye.
He said the housing market had significantly outperformed equities and bonds and the current market cycle should be investment-friendly.
“We should be seeing a surge in new supply,” said Joye, but instead “institutional capital has certainly been ‘spooked’ by housing hysteria”.
Joye highlighted that Australia has a population planning crisis and equally a serious housing/infrastructure crisis.
“Australia needs to build seven million new homes in next 37 years to accommodate 13.7 million extra people by 2050.
“This equates to around 200,000 new homes per year, but since 2000 only 156,000 new dwellings have been approved on average per annum."
To address this chronic undersupply of new homes, Joye focused on property taxes.
“Housing is one of the most heavily taxed sectors of the Australian economy, both in absolute and relative terms,” he said, contributing 12% of total govt tax revenue and 45% of total state/local govt revenue.
New housing, he said adds 1.2% of value to the economy; but accounts for 2.8% of total government tax revenues.
According to Joye, tax reform could drive a 30% to 40% affordability gain.
“We need to work out how to more equitably redistribute the national tax/infrastructure burden,” he says, pointing to guidance in the Henry Review including:
<ul>
<li>Reform (land) taxes that discourage institutional capital</li>
<li>Replace inefficient transaction taxes with immobile taxes</li>
<li>Relax zoning restrictions/allow higher densities</li>
<li>Speed up approval decisions through State govt direction</li>
<li>Overcomes NIMBY (not in my bank yard) conflicts that plague councils</li>
</ul>
Furthermore, he said an obvious savings would be to convert first-home owner grant into an interest-free loan due on sale, which would save  around $1 billion per annum.
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Australian housing is not overvalued but “dire predictions” spooking new housing investors: Christopher Joye

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The Albion Flour Mills development in Brisbane has secured a $2.2 million sale.
The apartment, known as The Hudson Sky Home, is located on level 12 of the $330 million development by FKP Property Group.
Gary Kordic executive general manager of FKP says the 336-square-metre sky home is a one-off design.
The sky home features four bedrooms, four bathrooms, a media room and a scullery kitchen.
“This sale, on the back of the increasingly constant demand for larger configurations is a great reflection of the strength of the owner-occupier market,” says Kordic.
The historic Mill is located in Brisbane’s inner north next to the Albion train station, providing ample transport for the urban liver.
All of the penthouses sold in the first six months of the development being on the market, for over $1.1 million each.
“The response shows that demand for this integrated, village-style development’s larger apartments is strong and very much alive in today’s market,” says Kordic.
The development announced its recent partnership with Jan Powers Farmers Market, with the farmers market being held on the heritage site on the second and fourth Sunday of every month.
“This site has been home to primary industry since the 1930s; it was a hub of humanity and food and industry and it’s important to recreate this village precinct; a market is at the very heart of any village, and we look forward to seeing this one grow and develop,” says Jan Power.
“For the first time in our markets history, the Albion Mill Village markets will include a sit down café under the Heritage building, providing people with the opportunity to sit and soak up the atmosphere of the markets and surrounds,” says Power.
The market will start from September 22.
The Albion Mill Village development site spans 7,336 square metres across two sites, including the historic flourmill and adjoining site.
The Hudson is the first stage of the masterplan development, with prices starting from $399,000 for a two-bedroom apartment.
 Upon completion, the Hudson will include 139 one-, two- and three-bedroom apartments plus sky homes and penthouses.
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Albion Mill Village development secures $2.2 million sky home sale

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The recovery in the new building sector slipped in the March quarter.
The total number of dwelling units commenced fell 5.5% to 38,702 dwellings in the March quarter following a rise of 4.1% in the December quarter, according to new ABS figures.
Construction of new private sector houses fell 3% to 22,343 commencements while unit commencements fell 9.5% to 14,778 dwellings.
However both are up on the same quarter by 4.6% for houses and 21.3% for units.
On a dollar value basis, the seasonally adjusted estimate of new residential building work done fell 0.6% to $10.275 billion while unit construction work fell 0.1% to $3.769 billion.
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New dwelling commencements fell 5.5% in March quarter: ABS

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A spacious Victorian terrace is for sale in Redfern offering contemporary living on the doorstep of Sydney’s city.
 The recently renovated four-bedroom property at <a href="https://www.spencerservi.com.au/index.cfm?page=for_sale.property&amp;id=3325">51 Pitt Street Redfern</a> (pictured above) is expected to sell for more than $1.8 million.
 Redfern has enjoyed a host of trendy dining and retail opportunities joining the area such as Middle Eastern eatery Kepos Street Kitchen and boutiques such as furnishings store Chee Soon &amp; Fitzgerald, said agent Annie Hodgson of First National Real Estate.
 “It’s really been amazing the change that’s taken place and I think that will continue,” she said.
 The suburb’s changing face has been increasingly evident in its house prices.
 
A renovated four bedroom house at 33 Great Buckingham Street fetched $2,150,000 prior to its recent BresicWhitney auction.
A renovated four-bedroom Victorian terrace at <a href="https://www.realestate.com.au/property-house-nsw-redfern-113785755">274 Chalmers Street Redfern</a> (pictured below) sold for $1.73 million in May.
<img src="/images/stories/2013/07/chalmersrdjuly17.jpg" width="470" height="353" alt="chalmersrdjuly17">
 
A three-bedroom three-storey terrace at <a href="https://www.realestate.com.au/property-house-nsw-redfern-113329723">32 Kepos Street Redfern</a> (pictured below) sold for $1.66 million in April.
<img src="/images/stories/2013/07/crownstjuly17.jpg" width="470" height="353" alt="crownstjuly17">
 
There are still plenty of sub-$1 million buyer opportunities such as 17 Hugo Street, a three bedroom that sold last weekend through EE Real Estate. 
 The median house price in Redfern is $828,000, up 2.9% from last year, according to RP Data.
 “For the right property, the prices are there and I think it’s just going to get better and better,” said Hodgson.
 The size of the two-storey terrace makes it is suitable for a family who does not want to outgrow their new property.
 “It’s a very grand home, it’s a lovely wide home. I think you’d be looking to somebody who would want to live there a long time like a young family,” she said.
 The property last sold in November 2010 for $1.163 million.
 
It will be up for auction on July 27.
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Spacious Victorian terrace at 51 Pitt Street Redfern for sale

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The Pace Development Group, which is building the Evo apartment project in Parkville, have instructed Gadens Lawyers to act on its behalf, in order to seek further details from Linking Melbourne Authority with respect to how the East West Link may affect the development.
Pace is due meet with Linking Melbourne Authority tomorrow to discuss the impact of the East West Link.
"At this stage we are unable to comment with any certainty given that the East West Link is at a preliminary stage," said a spokesperson for Pace.
To our knowledge, funding has not been provided to complete the delivery of the project and prioritization of this project does not appear to be high in the recently released National Infrastructure Plan (June 2013) prepared by Infrastructure Australia."
An East West Link video shows Evo apartments completely surrounded by highways with Linking Melbourne Authority chief executive Ken Mathers telling The Age the tollway would probably rise to the level of the fifth floor of the development.
<img src="/images/stories/2013/larry_uploads/evo_east_west_link.jpg" width="470" height="211" alt="evo_east_west_link">
At the same time Australand has confirmed that it does not anticipate any unexpected impact on its Jardin Parkville apartment development following the release of plans for stage one of the Melbourne East West Link – the six kilometre roadway and tunnel which will link the Eastern Freeway to CityLink - with a number of construction sites earmarked for the suburb.
An article in the Melbourne Leader published earlier this week, which ran with the headline "Residents and developers look for certainty over East West toll road" included a reference that Australand state manager of residential properties ­Robert Pradolin suggested that "he did not know if the government would acquire Australand property".
<h1></h1>
Australand's publicists were unable to shed any light on the suggestion about possible government acquisition of Australand property when contacted by Property Observer.
There has been no statement issued by Australand, but Robert Pradolin has since contacted Property Observer to confirm that the project will not be impacted in any unexpected way.
<a target="_blank" href="https://www.propertyobserver.com.au/news/monday-july-1-jardin-parkville-the-latest-to-launch-in-the-parkville-master-planned-community/2013062862793">Jardin Parkville at Cade Way </a>is the latest stage of the apartment precinct of the master-planned community within Parkville Garden.
He repeated comments to the Melbourne Leader that the East West link would actually improve transport options.
"It will mean easy access to both northern and southern suburbs."
But, another apartment project that will be seriously impacted is the soon to be completed Evo Apartments featuring 175 apartments over seven levels developed by the Pace Development Group at 107-115 Manningham Street (pictured above).
It is directly across from the Ross Straw Field, which will be occupied for construction of the link and tunnel.
{yoogallery src=[images/stories/2013/07/july1parkville]}
Both developments are being promoted as offering close proximity to Royal Park, part of which will become a freeway connecting City Link from the south to the new tunnel and the Eastern Freeway.
“An Evo lifestyle is having Melbourne’s largest area of open space, Royal Park, beckoning from the front door – where parklands, reserves and tree-lined streets offer the ideal environment for relaxation and rejuvenation,” says the Evo marketing website.
As part of the development of the 18 kilometre cross-city road connection extending across Melbourne from the Eastern Freeway to the Western Ring Road, tunnel boring is expected to begin in Royal Park near the Up?eld railway line, which will also be established as place for the storage of materials and equipment and construction personnel parking.
Ross Straw Field would also be occupied for construction while project maps prepared by Linking Melbourne Authority show that Elliot Avenue, in the heart of Royal Park will provide an “important access point to and from the tunnels”.
“The entry and exit points remain below ground level until they meet with the existing road surface, minimising the footprint on Royal Park,” the project map notes.
While upset residents in established homes caught up in the path of the new tunnel have been promised they will receive compensation for their homes at market value as well as have their stamp duty and legal fees paid, those who bought off the plan in Evo will receive no compensation from the Victorian government for any loss in value or the inconvenience caused by construction works, noise, disruption and any loss of park-promised lifestyle.
Victorian premier Denis Napthine says the state government is committed to delivering the project sustainably, “which will mean protecting and restoring any parkland affected by the project”.
“A lot of work has been undertaken already, including geotechnical drilling, flora and fauna studies and extensive ongoing community consultation to inform the best design for the project,” he says.
The design identifies 118 properties that may be directly affected by surface construction that is required for the project, with these numbers subject to change as the project develops.
This includes 92 residential and 26 commercial properties.
“We recognise that this is a very sensitive process and we have made every effort to contact residents before publicly releasing the detailed design. We will be supporting landowners every step of the way by providing them with advice relating to their individual circumstances,” said Victorian transport minister Terry Mulder.
“Should a property be required for construction of the project, the acquisition and compensation process provides a fair price, based on market value.
“Compensation will also include claims for reasonable costs such as stamp duty, registrations fees and conveyancing costs incurred in purchasing a replacement property, up to the value of the acquired property.”
An earlier version of the story incorrectly suggested that there may have been doubt over Australand's Jardin Parkville apartment development proceeding.
 
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